Document:

Stockholder Agreement

 Exhibit 10.3 
 STOCKHOLDER AGREEMENT 
 THIS STOCKHOLDER AGREEMENT (this
“Agreement”) is made as of the 23rd day of August, 2011 by and between InfoSpace, Inc., a Delaware corporation (the “Company”), and Cambridge Information Group I LLC, a Delaware limited liability company (the
“Investor”). 
 RECITALS 
 WHEREAS, contemporaneously with the execution and delivery of this Agreement, the parties hereto have entered into that certain Securities Purchase Agreement (the “Purchase Agreement”)
pursuant to which the Company is selling to the Investor and the Investor is purchasing from the Company, shares of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”) and a warrant to purchase
additional shares of the Company’s Common Stock; 
 WHEREAS, as contemplated in the Purchase Agreement, the parties are
entering into this Agreement in connection with the Closing; and 
 WHEREAS, any capitalized terms not defined herein shall have
the meanings set forth in the Purchase Agreement. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the mutual promises made herein and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 1. Board Representation.

(a) Until the earlier of (i) August 23, 2017 and (ii) such date and time as the Investor, together with the
Investor’s Affiliates, no longer beneficially hold at least 1,000,000 shares (as adjusted for stock splits, stock dividends and the like) of Common Stock (the “Representation End Date”), the Investor shall be entitled to
designate one (1) person to serve as a member of the Board of Directors (the “Board”) of the Company (the “Investor Representative”). Initially, the Investor Representative shall be Andrew Snyder
(“Snyder”), who shall be appointed by the Board immediately following the Closing to fill an existing vacancy. If at any time the Investor desires to remove, with or without cause, an Investor Representative, the Investor shall be
entitled to designate a replacement Investor Representative to serve as a member of the Board, in accordance with Section 1(b). 
 (b) If, at any time prior to the Representation End Date, Snyder (or any other individual who becomes the Investor Representative in accordance with this Section 1(b)) is no longer available to serve
on the Board, whether by resignation, removal, death or otherwise, the Investor shall have the right to designate another individual as the Investor Representative, provided that such individual is reasonably acceptable to the Company’s
Nominating and 

 
Governance Committee. Following the determination that such individual is reasonably acceptable to the Company’s Nominating and Governance Committee, he or she shall be appointed by the
Board to fill the resulting vacancy. 
 (c) The Company shall take such action as is necessary to cause the Investor
Representative to be nominated for election at any meeting of the Company’s stockholders at which directors in the class in which such Investor Representative serves are elected, as applicable, in accordance with the Company’s certificate
of incorporation and bylaws, as may be amended from time to time. 
 (d) The Investor Representative shall be entitled to
compensation from the Company, reimbursement of costs and expenses, indemnification and directors and officers insurance coverage, each consistent with the Company’s practices and policies with respect to non-employee directors. 

2. M&A Committee. Within three (3) months following the Closing, the Company shall cause the Board to create a new
committee of the Board (the “M&A Committee”), with such authority and responsibilities as the Board may determine from time to time. Until the Representation End Date, the Investor Representative shall be entitled to serve as a
member of the M&A Committee. The other members of the M&A Committee shall be determined by the Board from time to time. If the Board elects to appoint a chairman of the M&A Committee, such chairman shall be the Investor Representative
for a term of one (1) year. After such one year term, the chairman of the M&A Committee may be selected at the Board’s discretion. The M&A Committee may be dissolved by the Board at any time after three years from the Closing.

 3. Additional Purchases of Common Stock. For purposes of Section 4.3 of Article 4 of the Company’s
Amended and Restated Certificate of Incorporation (as amended by that certain Certificate of Amendment to Amended and Restated Certificate of Incorporation filed with the Secretary of State of the State of Delaware on June 4, 2009, the
“Certificate of Incorporation”), the Board has approved the Acquisition by the Investor of the Shares and up to 1,000,000 shares of Common Stock (as adjusted for stock splits, stock dividends and the like occurring after the date of
this Agreement) upon exercise of the Warrant. In addition, so long as the Investor Representative is a member of the Board, if the Investor delivers a Request to Acquire additional shares of Common Stock, the Board (or a committee of the Board which
has been delegated the Board’s duties and powers under Article 4) will promptly, in accordance with Section 4.3 of Article 4 of the Certificate of Incorporation, authorize such proposed Acquisition, provided that the number of shares of
Common Stock that the Investor proposes to Acquire does not, together with the number of shares of Common Stock beneficially owned by the Investor as of the date of the Request (including the maximum number of shares then issuable on exercise of the
Warrant whether held by the Investor or transferred by the Investor to its Affiliates and CIG employees in accordance with this Agreement), exceed the Maximum Ownership Level (as hereinafter defined). The term “Maximum Ownership
Level” means the number of shares that is equal to 10% of the sum of the number of shares of Common Stock outstanding as of the date of any such proposed Acquisition plus the maximum number of shares issuable upon exercise of the Warrant
(in each case as adjusted for stock splits, stock dividends and the like occurring after the date of this Agreement); provided, however, to the extent the Maximum Ownership Level

  
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exceeds 3,999,489 shares of Common Stock, the Investor shall only be able to acquire in excess of 3,999,489 shares of Common Stock in increments of up to 500,000 shares of Common Stock each
calendar year. As used in this Section 3, the terms “Acquire”, “Acquisition” and “Request” shall have the respective meanings set forth in Article 4 of the Certificate of Incorporation. This
Section 3 shall terminate at such time as the Investor Representative ceases to be a member of the Board for any reason; provided, however, any shares of Common Stock previously acquired by the Investor prior to such time and any
remaining shares of Common Stock issuable upon exercise of the Warrant shall continue to be treated as having been authorized by the Board to be Acquired by the Investor in accordance with Article 4 of the Certificate of Incorporation. For the
avoidance of doubt, nothing in this Section 3 shall give the Investor the right to acquire additional shares of Common Stock from the Company (other than pursuant to the Warrant). 

4. Standstill. From the date of Closing until the earlier of (a) August 23, 2017 and (b) such time as the
Investor Representative ceases to be a member of the Board, plus thirty (30) days, the Investor shall not, and shall not authorize or permit the Investor Representative (other than in his or her capacity as a member of the Board) or any of
Affiliate of the Investor or their respective representatives to, without the prior written approval of the Board: 
 (a)
publicly offer, propose or make any public announcement with respect to, any tender, merger, consolidation, business combination, other extraordinary transaction involving the Company or any material portion of its business or any purchase of all or
any substantial part of the assets of the Company or any material portion of its business, provided that this restriction shall not restrict the Investor from voting its shares of the Company as it chooses in its capacity as a stockholder of
the Company; 
 (b) make or participate in any “solicitation” of “proxies” (as such terms are defined under
Regulation 14A of the Exchange Act) to vote, or otherwise publicly seek or propose, alone or in concert with others, to affect the control of the management or the Board or any of the businesses, operations or policies of the Company; 

(c) alone or in concert with others, call or seek to call a special meeting of the stockholders of the Company or nominate any person as
a director or propose any matter to be voted upon by stockholders of the Company; or 
 (d) alone or in concert with others,
request that the Company include in its proxy materials (i) the nomination of any person for election as a director pursuant to Rule 14a-11 of Regulation 14A under the Exchange Act, or (ii) any stockholder proposal pursuant to Rule 14a-8
of Regulation 14A under the Exchange Act. 
 5. Registration Rights.

(a) Definitions. For purposes of this Section 5, the following terms shall have the following meanings: 

(i) “Form S-1” means such form under the Securities Act as is in effect on the date hereof or any successor
registration form under the Securities Act subsequently adopted by the SEC which permits inclusion or incorporation of substantial information by reference to other documents filed by the Company with the SEC. 

  
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 (ii) “Form S-3” means such form under the Securities Act as is in effect
on the date hereof or any successor registration form under the Securities Act subsequently adopted by the SEC which permits inclusion or incorporation of substantial information by reference to other documents filed by the Company with the SEC.

 (iii) “Issuer Free Writing Prospectus” means an issuer free writing prospectus, as defined in Rule 433
under the Securities Act, relating to an offer of the Registrable Securities. 
 (iv) “Prospectus” means the
prospectus included in any Registration Statement (including a prospectus that discloses information previously omitted from a prospectus filed as part of an effective Registration Statement in reliance upon Rule 430A promulgated under the
Securities Act), as amended or supplemented by any prospectus supplement with respect to the terms of the offering of any portion of the Registrable Securities covered by such Registration Statement, any Issuer Free Writing Prospectus related
thereto, and all other amendments and supplements to such prospectus, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated by reference in such prospectus. 

(v) “Registration Statement” means any registration statement of the Company under the Securities Act which permits the
public offering of any of the Registrable Securities pursuant to the provisions of this Agreement, including the Prospectus, amendments and supplements to such registration statement, including post-effective amendments, all exhibits and all
material incorporated by reference or deemed to be incorporated by reference in such registration statement. 
 (vi)
“SEC” means the United States Securities and Exchange Commission. 
 (vii) “Shelf Registration
Statement” means a Registration Statement of the Company filed with the SEC on either (a) Form S-3 (or any successor form or other appropriate form under the Securities Act) or (b) if the Company is not permitted to file a
Registration Statement on Form S-3, an evergreen Registration Statement on Form S-1 (or any successor form or other appropriate form under the Securities Act), in each case for an offering to be made on a continuous or delayed basis pursuant to Rule
415 under the Securities Act covering Registrable Securities. 
 (b) Shelf Registration. From and after the date that is
eighteen (18) months from the date hereof, while an Investor Representative serves on the Board (plus a period of three (3) months following the Representation End Date), within thirty (30) days upon receiving a written request by the
Investor, the Company shall file with the SEC a Shelf Registration Statement relating to the offer and sale of all of the shares of Common Stock held by the Investor from time to time (including but not limited to the Shares and the Warrant Shares)
(the 

  
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“Registrable Securities”) in accordance with the methods of distribution elected by the Investor and set forth in the Shelf Registration Statement and shall use its reasonable
best efforts to cause such Shelf Registration Statement to be declared effective under the Securities Act as promptly as practicable after the filing thereof. 
 (i) The Company shall use its reasonable best efforts to keep such Shelf Registration Statement continuously effective under the Securities Act in order to permit the Prospectus forming a part thereof to
be usable by the Investor until the earlier of (i) the date as of which all of the Registrable Securities have been sold pursuant to the Shelf Registration Statement or another Registration Statement filed under the Securities Act (but in no
event prior to the applicable period referred to in Section 4(3) of the Securities Act and Rule 174 thereunder) and (ii) the date as of which the Investor is permitted to sell its Registrable Securities without registration pursuant to
Rule 144(b)(1)(i) under the Securities Act without volume limitation or other restrictions on transfer thereunder (such period of effectiveness, the “Shelf Period”). 

(ii) The Company shall be entitled to postpone (but not more than once in any 6-month period), for a reasonable period of time not in
excess of 60 days, the filing or initial effectiveness of, or suspend the use of, a Shelf Registration Statement if the Company delivers to the Investor a certificate signed by both the chief executive officer and chief financial officer of the
Company certifying that, in the good faith judgment of the Board, such registration, offering or use would reasonably be expected to materially adversely affect or materially interfere with any bona fide material financing of the Company or any
material transaction under consideration by the Company or would require the disclosure of information that has not been, and is not otherwise required to be, disclosed to the public, the premature disclosure of which would materially adversely
affect the Company. Such certificate shall contain, if requested by the Investor (and subject to its entering into a customary confidentiality obligation as to such information), a reasonably detailed statement of the reasons for such postponement
or suspension and an approximation of the anticipated delay. 
 (c) Other Agreements. In the event the Company enters
into an agreement with any person pursuant to which it agrees to register any equity securities of the Company under the Securities Act for the account of any holder of such equity securities, then the Company shall be obligated to grant
“piggyback” registration rights to the Investor on terms no less favorable than the registration rights granted to such holder. 
 (d) Obligations of the Company. Whenever required under this Section 5 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

 (i) Prepare and file with the SEC a Registration Statement with respect to such Registrable Securities and use all
commercially reasonable efforts to cause such Registration Statement to become effective, and, upon the request of the Investor, keep such Registration Statement effective during the Shelf Period; provided, however, that before filing a Registration
Statement or Prospectus (including any Issuer Free Writing Prospectus related thereto) or any amendments or supplements thereto (including documents that would be incorporated or deemed to be incorporated therein by reference), the Company shall
furnish or 

  
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otherwise make available to the Investor, their counsel and the managing underwriter(s), if any, copies of all such documents proposed to be filed, which documents will be subject to the
reasonable review and comment of such counsel, and such other documents reasonably requested by such counsel, including any comment letter from the SEC, and, if requested by such counsel, provide such counsel reasonable opportunity to participate in
the preparation of such Registration Statement and each Prospectus included therein (including any Issuer Free Writing Prospectus related thereto) and such other opportunities to conduct a reasonable investigation within the meaning of the
Securities Act, including reasonable access to the Company’s books and records, officers, accountants and other advisors. 

(ii) Prepare and file with the SEC such amendments and supplements to such Registration Statement and the Prospectus used in connection
with such Registration Statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such Registration Statement during the Shelf Period. 

(iii) Furnish to the Investor such numbers of copies of a Prospectus, including a preliminary prospectus, in conformity with the
requirements of the Securities Act, and such other documents as the Investor may reasonably request in order to facilitate the disposition of Registrable Securities owned by them. 

(iv) Use all commercially reasonable efforts to register and qualify the securities covered by such Registration Statement under such
other securities or Blue Sky laws of such jurisdictions as shall be reasonably requested by the Investor; provided, that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a
general consent to service of process in any such states or jurisdictions unless the Company is already qualified to do business or subject to service of process in that jurisdiction. 

(v) In the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual
and customary form, with the managing underwriter of such offering. The Investor shall also enter into and perform its obligations under such an agreement. 
 (vi) Notify the Investor at any time when a Prospectus relating to such Registration Statement is required to be delivered under the Securities Act of the happening of any event as a result of which the
Prospectus included in such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the
light of the circumstances then existing, such obligation to continue for 120 days, and following such notification, and subject to the provisions of this Agreement, promptly prepare and furnish to the Investor a reasonable number of copies of a
supplement to or an amendment of such Prospectus as may be necessary so that, as thereafter delivered to the purchasers of such shares, such Prospectus shall not include any untrue statement of a material fact or omit to state a material fact
required to be stated therein or necessary to make the statements therein not misleading or incomplete in light of the circumstances then existing. 

  
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 (vii) Cause all such Registrable Securities registered pursuant to this Section 5 to
be listed on each national securities exchange or trading system on which similar securities issued by the Company are then listed. 
 (viii) Provide a transfer agent and registrar for all Registrable Securities registered pursuant hereunder and a CUSIP number for all such Registrable Securities, in each case not later than the effective
date of such registration. 
 (ix) Use its commercially reasonable efforts to furnish, on the date that such Registrable
Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters, (i) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in form and
substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters, if any, and (ii) a “comfort” letter dated as of such date, from the independent certified public accountants of the
Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering, addressed to the underwriters. 

6. Insider Trading. The Investor agrees to comply, and shall cause the Investor Representative to comply, with the
Company’s insider trading policies in effect from time to time, including, but it not limited to, any blackout periods and pre-clearance requirements under such policies. 
 7. Lockup.
 (a) Subject to Sections 7(b) and 7(c), Investor agrees that,
without the prior written consent of the Company (which may be withheld for any reason), it will not directly or indirectly sell, transfer, offer to sell or transfer, grant any option for the sale or transfer of, or otherwise dispose
(“Dispose” or “Disposition”) of any shares of Common Stock acquired pursuant to the Purchase Agreement or upon exercise of the Warrant (the “Investment Shares”), except that (i) from
August 23, 2012, Investor may Dispose of up to 50% in aggregate of the Investment Shares; and (ii) from and after February 23, 2013, Investor may Dispose of any and all Investment Shares; provided, however, that such
restrictions will terminate as to all Shares (i) upon a Change of Control (as defined in the Warrant), and (ii) six (6) months following the consummation of an Extension Expiration Event (as defined in the Warrant). 

(b) Notwithstanding Section 7(a), Investor may, from time to time, transfer all or any of the Investment Shares to an Affiliate of
Investor, or Warrant Shares to an employee of Cambridge Information Group, Inc., a Maryland corporation (“CIG”); provided, that transfers to employees of CIG shall not exceed 10% of the Warrant Shares, in the aggregate;
provided, further that in each such case the Investor shall have first delivered to the Company notice of the proposed transfer (including the name of the proposed transferee and such other information as is reasonably necessary to
confirm that such proposed transferee is an Affiliate of Investor or an employee of CIG, as applicable) and (ii) the proposed transferee has executed and delivered to the Company an acknowledgement (in such form as the Company reasonably
requests) that it shall be bound by the restrictions set forth in this Section 7 with respect to the Investment Shares so transferred. 

  
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 (c) If Investor surrenders the Warrant to the Company for cancellation at any time prior to
the exercise (in whole or in part) of the Warrant, the restrictions set forth in this Section 7 shall terminate. 
 (d) Any
Disposition of Investment Shares made in contravention of any of the provisions of this Section 7 shall not be recognized by the Company and shall be void and of no effect. 

8. Miscellaneous. 
 (a) Successors and Assigns. This Agreement may not be assigned by a party hereto without the prior written consent of the Company or the Investor, as applicable. The provisions of this
Agreement shall inure to the benefit of and be binding upon the respective permitted successors and assigns of the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or
their respective successors and assigns any rights, remedies, obligations, or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement. 
 (b) Counterparts; Execution. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same
instrument. This Agreement may also be executed via facsimile or portable document format (PDF), which shall be deemed an original. 
 (c) Titles and Subtitles. The titles and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement. 

(d) Notices. Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively
given as hereinafter described (i) if given by personal delivery, then such notice shall be deemed given upon such delivery, (ii) if given by telecopier, then such notice shall be deemed given upon receipt of confirmation of complete
transmittal, (iii) if given by mail, then such notice shall be deemed given upon the earlier of (A) receipt of such notice by the recipient or (B) three days after such notice is deposited in first class mail, postage prepaid, and
(iv) if given by an internationally recognized overnight air courier, then such notice shall be deemed given one day after delivery to such carrier. All notices shall be addressed to the party to be notified at the address as follows, or
at such other address as such party may designate by ten days’ advance written notice to the other party: 
 If to the
Company: 
 InfoSpace, Inc. 
 601 108th Avenue NE, Suite 1200 
 Bellevue, WA 98004 

Attention: General Counsel 
 Fax: 425.201.6167 

  
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 With a copy to: 

Perkins Coie LLP 
 1201 Third Avenue, Suite 4800 
 Seattle, WA 98101 

Attention: Andrew Bor 
 Fax: 206.359.9577 
 If to the Investor: 

Cambridge Information Group I LLC 
 c/o Cambridge Information Group, Inc. 
 7200 Wisconsin Avenue, Suite 601

 Bethesda, Maryland 20814 USA 
 Attention: Larisa A. Trainor, Esq. 
 Fax: 301.961.6790 

With a copy to: 
 Fried, Frank, Harris, Shriver & Jacobson LLP 
 801
17th Street, NW 

Washington, D.C. 20006 
 Attention: Brian Mangino 
 Fax: 202.639.70003 

(e) Amendments and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may be
waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and the Investor.
 (f) Severability. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof but shall be interpreted as if it were written so as to be enforceable to the maximum extent permitted by applicable law, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. To the extent permitted by applicable law, the parties hereby waive any provision of law which renders any provision hereof prohibited or
unenforceable in any respect. 
 (g) Governing Law; Consent to Jurisdiction. This Agreement shall be governed by,
and construed in accordance with, the internal laws of the State of Delaware without regard to the choice of law principles thereof. Each of the parties hereto irrevocably submits to the exclusive jurisdiction of the courts of the State of
Washington located in King 

  
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County and the United States District Court for the Western District of Washington for the purpose of any suit, action, proceeding or judgment relating to or arising out of this Agreement and the
transactions contemplated hereby. Service of process in connection with any such suit, action or proceeding may be served on each party hereto anywhere in the world by the same methods as are specified for the giving of notices under this
Agreement. Each of the parties hereto irrevocably consents to the jurisdiction of any such court in any such suit, action or proceeding and to the laying of venue in such court. Each party hereto irrevocably waives any objection to the
laying of venue of any such suit, action or proceeding brought in such courts and irrevocably waives any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. 

[signature page follows] 

  
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 IN WITNESS WHEREOF, the parties have executed this Agreement or caused their duly
authorized officers to execute this Agreement as of the date first above written. 
  

									
	The Company:	 		 		 	INFOSPACE, INC.
					
		 		 		 	By:	 	/s/ William Ruckelshaus
		 		 		 	Name:	 	William Ruckelshaus
		 		 		 	Title:	 	CEO and President

  

									
	The Investor:	 		 		 	CAMBRIDGE INFORMATION GROUP I LLC
					
		 		 		 	By:	 	/s/ Andrew Snyder
		 		 		 	Name:	 	Andrew Snyder
		 		 		 	Title:	 	CEO

 [Signature Page to the Stockholder Agreement]Employment Agreement - Daniel Oh

 Exhibit 10.38 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (“Agreement”)
made and entered into this 1st day of August, 2006 (the “Effective Date”) by and between Daniel J. Oh with his principal residence address at 3327 Goldenrod Circle, Ames, Iowa (the “Executive”) and RENEWABLE ENERGY GROUP,
INC. , a Delaware corporation having its principal place of business located in Ralston, Iowa (the “Company”); 
 W I T N E S S E
T H : 
 WHEREAS, the Company has recently been incorporated and is seeking equity and debt financing to expand its business; and

 WHEREAS, the Executive and the Company mutually desire to enter into this Agreement to facilitate the financing and expansion
of its business; and 
 WHEREAS, the Executive is intended to be a key employee of the Company with significant access to
confidential information and customers, suppliers and others having business relations with the Company. 
 NOW, THEREFORE, in
consideration of the premises and the mutual agreements set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Executive and the Company hereby agree as follows: 

1. TERM OF EMPLOYMENT. The “Term of Employment” under this Agreement and the employment of the Executive by the Company
hereunder shall initially be for a period commencing on the Effective Date of this Agreement and ending on the earlier of (i) the third anniversary of the Effective Date (the “Third Anniversary Date”) or (ii) the Date of
Termination (as defined herein); provided, however, that, if the Term of Employment has not ended by the Third Anniversary Date, then, commencing on the Third Anniversary Date, the Term of Employment may be terminated by either the Company or
Executive upon ninety (90) days prior written notice to the other party. 
 2. NATURE OF DUTIES. 

(a) During the Term of Employment, the Executive shall initially serve as Chief Financial Officer and Executive Vice
President and shall have such duties and responsibilities as may be determined by the Board of Directors of the Company (the “Board”) or the Chief Executive Officer of the Company (the “Chief Executive Officer”), from time to
time. In particular, the Executive shall have principal responsibility for corporate finance and investment activities, including, but not limited to, oversight for mergers and acquisitions, joint ventures and non-sales business development
activities, and shall further be responsible for those responsibilities outlined in the current investor organizational chart attached hereto as Exhibit A. The Executive shall further participate in long-term strategy development and be a lead in
the business planning process 

 
of the Company. In his capacity as Chief Financial Officer, the Executive shall report directly to the Chief Executive Officer. 

(b) During the term of Employment and subject to periods of vacation and incapacity, the Executive agrees to devote his
full attention, business time and efforts to the business and affairs of the Company and to discharge the responsibilities reasonably assigned to the Executive hereunder. During the Term of Employment, it shall not be a violation of this Agreement
for the Executive to (i) serve on corporate, civic or charitable boards or committees (provided that service on any corporate boards beyond those on which the Executive currently serves shall require the prior written approval of the Chief
Executive Officer), (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions, or (iii) continue in his position as President of OEI, Inc., so long as such activities do not significantly interfere with the
performance of the Executive’s responsibilities as an employee of the Company in accordance with this Agreement. As an acknowledgement of the Executive’s duties as President of OEI, Inc., the Company shall provide the Executive with one
(1) additional day off per quarter, as needed, for use in support of OEI, Inc., with such additional time off to continue for a period of two (2) years following the Effective Date of this Agreement. The Company further acknowledges that
such activity may require communication during the Company’s business hours through the Company’s communications system, provided, however, that the Executive agrees to minimize such activity as much as possible. In addition, the Company
acknowledges that the Executive may continue in an advisory/shareholder relationship with ABG as to those projects currently involving the Executive’s expertise that will require continuing consultation, with such a relationship to continue no
longer than is reasonably necessary, but in no event to continue past December 31, 2006. The Company acknowledges that incidental usage of the Company’s communication systems in any professional time in support of ABG may be required of
the Executive and the Company accepts such activity to facilitate a friendly separation between the Executive and ABG in continuing good relations between the Company and ABG. The Executive shall serve as an executive for any Affiliate (as defined
herein) as requested, from time to time, by the Chief Executive Officer without additional compensation. 
 3. PLACE OF
PERFORMANCE. The Executive shall be based at the principal executive offices of the Company in Ralston, Iowa, except for required business travel. The Executive agrees to establish and maintain his principal residence within central Iowa (to
include the City of Ames for purposes of this Agreement). 

  
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 4. COMPENSATION. 

(a) Annual Base Salary. During the Term of Employment, the Executive shall receive an annual base salary (as
increased the “Annual Base Salary”) beginning in the first year of employment at two hundred sixty-five thousand dollars ($265,000.00), which shall be paid in conformity with the Company’s payroll policies relating to salaried
employees. The Annual Base Salary for the second year of employment will be set within a range of two hundred eighty-five thousand dollars ($285,000.00) to three hundred twenty-five thousand dollars ($325,000.00), as determined in the good faith
discretion of the Chief Executive Officer and depending upon the level of assumption of operational responsibilities by the Executive. The Annual Base Salary for the third and any subsequent year shall be determined in the good faith discretion of
the Chief Executive Officer, but in any event shall be equal to or greater than the Annual Base Salary received by the Executive during the second year of the Term of Employment. In determining the Annual Base Salary beginning in the third year of
the Term of Employment, the Chief Executive Officer shall take into account market comparisons and the Executive’s individual performance. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the
Executive under this Agreement. 
 (b) Signing Bonus. The Executive acknowledges receipt from West Central
Cooperative of a signing bonus of sixty thousand dollars ($60,000.00) (the “Signing Bonus”). 
 (c)
Annual Bonus. For each calendar year during the Term of Employment, the Executive shall be eligible to participate in such bonus programs as are available to senior executives of the Company with the same intent and relative proportionality
as for the Company’s President (the “Annual Bonus”), provided that the Executive shall be guaranteed an Annual Bonus of thirty thousand dollars ($30,000.00) at the conclusion of the first year of employment following the Effective
Date of this Agreement. 
 (d) Equity Incentive Plan. The Executive shall participate, during the Term of
Employment, in the Company’s stock incentive plan on the terms and conditions set forth in the Stock Option Agreement between the Company and Executive entered into as of the date hereof (the “Stock Option Agreement”). 

(e) Additional Equity Earnings Opportunities. The Company and the Executive acknowledge that management discussions
shall occur with the incoming Board for additional equity earnings opportunities over the next three (3) years for exceptional value created by key executives of the Company. To the extent determined by the Board, the Executive shall be
eligible for any such additional equity earning opportunities. 
 (f) Key Performer Option and Equity
Incentive Program. In addition to the foregoing incentive programs, the Company shall establish a management and key performer option and equity incentive program to facilitate annual employee bonus compensation and recruiting incentives. To the
extent determined in the established 

  
 3 

 
program, the Executive shall be eligible for participation in the key performer option and equity incentive program to be established. 

(g) Relocation. Upon the execution of this Agreement, the Company agrees to reimburse the Executive for the
following relocation expenses, upon submission of documentation satisfactory to employee: (i) up to two (2) trips to the central Iowa area for the purpose of allowing the Executive to search for a house in the area, with each trip to
last for up to three (3) days, and two (2) nights each and to include both the Executive and his spouse; (ii) up to two (2) months of temporary housing support in the Ralston/Jefferson area and round-trip weekend travel for
Indianapolis, Indiana to Ralston, Iowa for the Executive; (iii) one (1) week of paid time during which the Executive shall relocate his family from Indiana to central Iowa, at a time mutually agreed upon by the Executive and the Company;
(iv) the expenses associated with moving all household goods via a moving company, including, packing, loading, transport, unloading and related insurance; and (v) any temporary storage, if needed, for up to twelve (12) months. The
foregoing relocation services shall be considered the “Full Relocation Package” available to the Executive. 
 (h) Other Benefits. During the Term of Employment, the Executive (i) shall be entitled to participate in all employee benefit plans which are generally available to the Company’s senior
executives (subject to, and on a basis consistent with, the terms, conditions and overall administration of such plans, programs and arrangements); and (ii) shall receive health insurance programs, executive medical benefits, sick pay, life
insurance, accidental death and dismemberment benefits, long-term disability benefits and long-term care insurance (collectively “Welfare Benefits” and together with the benefits provided under the foregoing clause (i), the
“Benefits”) which are generally available to the other senior executives of the Company. 
 (i)
Fringe Benefits. During the Term of Employment, the Executive shall be entitled to the following fringe benefits: an appropriate automobile to be provided by the Company and made available for business and personal use, subject to
taxable benefit computed and added to compensation for commuting expense, and reimbursement at IRS rates for personal miles (other than commuting) over two hundred (200 miles) per month. 

(j) Reimbursement for Expenses. During the Term of Employment, the Executive shall be entitled to receive prompt
reimbursement for all reasonable expenses incurred by the Executive in accordance with the Company’s policies, practices and procedures. 
 (k) Vacation. During the Term of Employment, the Executive shall be entitled to no less than four (4) weeks paid vacation annually (to be computed as twenty (20) business days) in
accordance with the plans, policies, programs and practices of the Company. During the Term of Employment, the Executive shall further be entitled to the normal federal holiday and sick day policies of the Company. 

  
 4 

 (l) Professional Development. The Executive shall attend one
(1) annual one-week executive training program (e.g. University of Chicago Executive Development Series) (“Program”) at a location of the Executive’s choice each year. To facilitate the Executive’s attendance, the Company
shall pay the actual expenses reasonably incurred by the Executive for attendance at the Program, subject to the following terms and limitations: (i) actual registration fees, without limitation as to dollar amount; (ii) actual travel
cost consisting of transportation for the Executive alone by the most direct means reasonably available for reimbursable expenses at the minimum coach or comparable rates for all air, train, or other commercial carrier and all reasonable ground
transportation expenses for travel between airport (or station) and location of the Program; (iii) lodging for the period of time beginning with the evening before the program begins and ending with the evening before the last day of the
program (unless it is impractical to make reasonable return travel arrangements until the day after the program, in which event an additional night will be reimbursed); and (iv) meals for the Executive only. In addition, the Company shall pay
the actual expenses reasonably incurred upon the foregoing terms and limitations for up to three (3) industry conferences per year, as deemed appropriate in support of the Company’s development and activities. Reimbursement shall be made
only as to the expenses supported by appropriate documentation, including, where available, invoice, statement or receipt. 
 (m) Insurance. During the Term of Employment and thereafter while the Executive could have any liability, the Executive shall be an insured party in any liability insurance policy (including
director and officer liability policy) by the Company for its directors and/or senior executive officers. 
 (n)
Executive Assistant Support. The Company shall make available Executive assistant support as soon as reasonably available to other key executives of the Company. 
 5. TERMINATION OF EMPLOYMENT. 
 (a)
Death or Disability. The Executive’s employment under this Agreement shall be automatically terminated upon the Executive’s death. If the Executive incurs a Disability during the Term of Employment (as that term is defined below),
the Company may give the Executive written notice of its intent to terminate the Executive’s employment. In such event, the Executive’s employment shall terminate effective on the thirtieth (30th ) day after receipt of such notice by the Executive, provided that,
within the thirty (30) days after such receipt, the Executive shall not have returned to full-time performance of the Executive’s duties. 
 For purposes of this Agreement, “Disability” shall mean the inability of the Executive to perform his material duties with the Company on a full-time basis for six (6) consecutive months,
or one hundred eighty (180) days within any period of eighteen (18) consecutive months, as a result of incapacity due to mental or physical illness. Until such termination, the Executive shall continue to receive his full compensation and
benefits. 

  
 5 

 (b) By the Company. 

(i) Without Cause. The Company may terminate the Executive’s employment during the Term of Employment without
Cause (as that term is defined below) in compliance with Sections 5(d) and 5(e) of this Agreement. 
 (ii) For
Cause. The Company, acting by its Chief Executive Officer (subject to the last paragraph of this Section 5(b)) may terminate the Executive’s employment during the Term of Employment for Cause (as that term is defined herein) in
compliance with Sections 5(d) and 5(e) in this Section 5(b)(ii). For purposes of this Agreement, “Cause” shall mean: 
 (1) the Executive’s conviction of, or plea of nolo contendere to, any felony (other than vicarious liability which results solely from the Executive’s position with the Company, provided that
the Executive did not know, or should not have known, of any act or failure to act upon which such conviction or plea is based, or knew, but acted on the advice of Company counsel); 

(2) the Executive’s willful misconduct with regard to the Company having a material and demonstrable adverse affect
on the Company; 
 (3) the Executive’s willful failure to attempt in good faith to perform the services to
be rendered hereunder (except in the event of the Executive’s incapacity due to mental or physical illness) after receipt of written notice from the Board or the Chief Executive Officer and a reasonable opportunity for the Executive to cure
such willful non-performance; or 
 (4) the Executive’s failure to adhere to, or take affirmative steps to
carry out, any legal and proper directive of the Board or the Chief Executive Officer, after receipt of written notice from the Board or the Chief Executive Officer and a reasonable opportunity to hear such non-adherence or failure to act.

 The termination of the Executive’s employment shall not be deemed to be for Cause unless and until there shall have been
delivered to the Executive a copy of a written determination provided by Board or the Chief Executive Officer (after reasonable notice is provided to the Executive and the Executive is given an opportunity, together with counsel, to be heard before
the Board or Chief Executive Officer), finding that, in the good faith opinion of the Board or the Chief Executive Officer, the Executive is guilty of the conduct described in subparagraphs (1), (2), (3) or (4) above, and specifying the
particulars thereof in reasonable detail. For purposes of this Agreement, any act, or failure to act, on the Executive’s part shall not be 

  
 6 

 
considered willful if done, or admitted to be done, by the Executive in good faith and in the reasonable belief that the Executive’s act or failure to act was the in Company’s best
interests. Any act, or failure to act, based upon authority granted pursuant to a duly adopted Board resolution or advice of Company counsel shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the
Company’s best interests. 
 (c) By the Executive. 

(i) Without Good Reason. The Executive may terminate employment under this Agreement by giving written Notice of
Termination (as that term is defined below) to the Company no less then thirty (30) days prior to such termination, unless such termination is pursuant to Section (5)(c)(ii) below, or the Company elects to waive or reduce such notice
requirement. 
 (ii) With Good Reason. The Executive’s employment may be terminated by the Executive
for Good Reason (as that term is defined herein). For purposes of this Agreement, “Good Reason” shall mean: 
 (1) a diminution in the Executive’s level of title or a change in reporting such that the Executive reports to an executive below the level of the Chief Executive Officer of the Company; 

(2) a decrease in Annual Base Salary, or Annual Bonus or other benefits opportunities below the amounts (or level of
participation) specified in Sections 4(a), 4(b) and 4(c), respectively; 
 (3) any material diminution of
aggregate benefits described in Sections 4(e)-4(n) of this Agreement; or 
 (4) any material breach by the
Company of this Agreement, which shall include, but not be limited to, any breach of Section 2 hereof. 
 The termination of
the Executive’s Employment by the Executive shall not be deemed to be for Good Reason unless and until the Executive shall have delivered to the Company written notice of his or her election to terminate for Good Reason, which notice must be
delivered within ninety (90) days of the Executive becoming aware of the facts or circumstances claimed to provide the basis for such termination and otherwise comply with Sections 5(d) and 5(e), and the Company fails to cure such facts and
circumstances to the reasonable satisfaction of the Executive within twenty (20) days following receipt of such notice. 
 (d) Notice of Termination. Any termination by the Company for Cause, or by the Executive for Good Reason, shall be communicated by Notice of Termination to the other party hereto given in
accordance with Section 10 of this Agreement. For purposes of 

  
 7 

 
this Agreement, a “Notice of Termination” means a written notice which (i) indicates the specific termination provision in this Agreement relied upon, (ii) to the extent
applicable, which sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Executive’s employment under the provisions as indicated and (iii) if the Date of Termination (as that term is
defined below) is other than the date of receipt of such notice, specifies the termination date. The failure by the Executive or the Company to set forth in the Notice of Termination any fact or circumstance which contributes to a showing of Good
Reason or Cause shall not waive any right of the Executive or the Company, respectively, hereunder or preclude the Executive or the Company, respectively, from asserting such fact or circumstance in enforcing the Executive’s or the
Company’s rights hereunder. 
 (e) Date of Termination. “Date of Termination” means the
date the Executive’s employment with the Company terminates. 
 6. OBLIGATIONS OF THE COMPANY UPON TERMINATION.

 (a) Severance Benefits. Subject to Section 6(e) hereof, if, during the Term of Employment, the
Company terminates the Executive’s employment other than for Cause or Disability or the Executive shall terminate employment for Good Reason: 
 (i) within thirty (30) days after the Date of Termination, the Company shall pay to the Executive a cash lump sum equal to the sum of: (1) the Executive’s Annual Base Salary through the
Date of Termination to the extent not theretofore paid; (2) any bonus earned during the prior calendar year but not yet paid to the Executive; (3) any accrued but unused vacation in accordance with the Company’s policy; and
(4) any incurred but unreimbursed business expenses in accordance with the Company policy (collectively, the “Accrued Obligations”); 
 (ii) within thirty (30) days after the Date of Termination, the Company shall pay to the Executive a cash lump sum equal to one-half (1/2) of his Annual Base Salary then in effect; 

(iii) within thirty (30) days after the Date of Termination, the Company shall provide to the Executive a Full
Relocation Package (as that package is described in Section 4(g) of this Agreement) to any location within the continental United States; 
 (iv) within thirty (30) days of the Date of Termination, the Company shall provide the Executive with outplacement/job placement support and services suitable to his position (but at a cost not
exceeding Ten Thousand Dollars ($10,000.00) in the aggregate) through a professional services firm focused on placing executives, for a period of up to twelve (12) months from a firm reasonably designated by the Executive; and 

  
 8 

 (v) to the extent not theretofore paid or provided, the Company shall timely
pay or provide to the Executive any other amounts or benefits required to be paid or provided or which the Executive is eligible to receive under any plan, program, policy or practice or contract or agreement of the Company through the Date of
Termination, as well as any other amounts or rights that become due under this Agreement through the Date of Termination (such of their amounts and benefits through the Date of Termination shall be hereinafter referred to as the “Other
Benefits”). 
 (b) Death. If the Executive’s employment is terminated by reason of the
Executive’s death during the Term of Employment, the Company shall pay or provide the Executive’s estate or beneficiary, as applicable, the Accrued Obligations and the Other Benefits. The Accrued Obligations shall be paid to the
Executive’s estate or beneficiary, as applicable, in a cash lump sum within thirty (30) days of the Date of Termination. 
 (c) Disability. If the Executive’s employment is terminated by reason of the Executive’s Disability during the Term of Employment, the Company shall pay or provide the Executive the
Accrued Obligations and the Other Benefits. The Accrued Obligations shall be paid to the Executive in a cash lump sum within thirty (30) days of the Date of Termination. 

(d) Cause; Other than for Good Reason. If the Executive’s employment shall be terminated for Cause during the
Term of Employment or if the Executive terminates his employment during the Term of Employment (excluding a termination for Good Reason), the Company shall pay his Accrued Obligations and his Other Benefits. 

(e) Release. The Executive’s right to receive any payment of any amount or provision of any benefit under this
Section 6 (other than payments due to the Executive’s death), shall be conditioned upon the Executive’s execution of a binding and complete release of the Company and its affiliates and related parties substantially in the form
attached hereto as Exhibit B, and expiration of any waiting periods contained in such release. 
 7. NOTICES. Any notice
or demand desired or required to be given hereunder shall be in writing and shall be deemed given when personally delivered or three (3) days after it is deposited in the United States mail, postage prepaid, and addressed as follows:

 (a) If to the Company, to: 

Renewable Energy Group, Inc. 
 406 First Street, P.O. Box 68 
 Ralston, Iowa 51459

 Attention: President 

and; 

  
 9 

 (b) If to the Executive, to: 

Daniel J. Oh 
 Ames, IA 
 or to such other address or person as hereafter shall be designated in writing by the
applicable party. 
 8. MISCELLANEOUS. 

(a) Entire Agreement. Except for the Stock Option Agreement and the Confidentiality and Noncompete Agreement
between the Company and Executive, this Agreement and all Exhibits attached hereto constitute the entire agreement between the parties hereto pertaining to the subject matters hereof, and supersedes all negotiations, preliminary agreements and all
prior and contemporaneous discussions and understandings of the parties in connection with the subject matters hereof. Nothing contained in this Agreement shall limit the rights or obligations of Employee under the Stock Option Agreement, the
Confidentiality and Non-Compete Agreement or any other written agreement between the Company and Employee relating to his employment, compensation or benefits. 
 (b) Amendment in Writing. No amendment, waiver, change or modification of any of the terms, provisions or conditions of this Agreement shall be effective unless made in writing and signed or
initialed by the Executive and the duly authorized representative of the Board. 
 (c) No Waiver. Waiver
of any provision of this Agreement shall not be deemed a waiver of future compliance therewith and such provision shall remain in full force and effect. 
 (d) Severability. In the event any provision of this Agreement is held invalid, illegal or unenforceable, in whole or in part, the remaining provisions of this Agreement shall not be affected
thereby and shall continue to be valid and enforceable and if, for any reason, a court finds that any provision of this Agreement is invalid, illegal or unenforceable as written, but that by limiting such provision it would become valid, legal and
enforceable, then such provision shall be deemed to be written and shall be construed and enforced as so limited. 
 (e) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Iowa without regard to conflicts of laws principles, and shall be deemed to have
been entered into and performable in part in Ralston, Carroll County, Iowa. 

  
 10 

 (f) Construction. Words and phrases herein shall be construed as in
the singular or plural number and as masculine, feminine or neuter gender, according to the context. The titles or captions of paragraphs of this Agreement are provided for convenience of reference only and shall not be considered a part hereof for
purposes of interpreting or applying this Agreement and such titles or captions do not define, limit, extend, explain or describe the meaning, scope or extent of this Agreement or any of its terms or conditions. This Agreement shall not be construed
for or against either of the parties hereto, regardless of whether one party may have been more responsible for its preparation. 
 (g) Assignment. This Agreement may not be assigned by either party hereto without the prior written consent of the other party hereto; provided, however, the Executive shall in no event be entitled
to assign the performance of his duties hereunder and provided, further, in the event of any assignment, all of the terms, conditions and agreements of this Agreement shall remain in full force and effect and the Executive and the Company shall
continue to be respectively liable for the due performance of the terms, conditions and agreements which they are respectively obligated to observe and perform. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit
of the parties hereto and their respective legal representatives, heirs, successors and assigns. 
 (h) No
Third Party Rights. Nothing in this Agreement, express or implied, is intended to confer upon any party, other than the parties hereto (and their respective heirs, legal representatives, successors and assigns), any rights, remedies, obligations
or liabilities under or by reason of this Agreement. 
 (i) Counterparts. This Agreement may be executed
in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument, and in making proof hereof, it shall not be necessary to produce or account for more than one such
counterpart. 
 (j) Consent to Jurisdiction; Waiver of Jury Trial. Each of the parties hereby irrevocably
submits to the non-exclusive jurisdiction of any United States Federal court sitting in Des Moines, Iowa or Iowa District court sitting in Carroll, Iowa in any action or proceeding arising out of or relating to this Agreement, and each party hereby
irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in any such United States Federal or Iowa District court. Each of the parties irrevocably waives any objection, including, without limitation, any
objection to the laying of venue or based on the grounds of forum non conveniens, which it may now or hereafter have to the bringing of any such action or proceedings in such respective jurisdictions. Each of the parties irrevocably consents to the
service of any and all process in any such action or proceeding brought in any court in or of the State of Iowa by the delivery of copies of such process to each party, at its address specified for notices to be given hereunder or by certified mail
directed to such address. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT. 

  
 11 

 IN WITNESS WHEREOF, the Executive and the Company have executed this Agreement on the day
and year first above written. 
  

							
	EXECUTIVE	 		 	Renewable Energy Group, Inc.
				
	 /s/ DANIEL J. OH
	 		 	By:	 	 /s/ JEFFREY STROBURG

	Daniel J. Oh, Personally	 		 	Name:	 	Jeffrey Stroburg
		 		 	Title:	 	CEO

 Exhibit A- Organizational Chart (Section 2(b)) 
 Exhibit B- Form of Release (Section 6(e)) 

  
 12 

 EXHIBIT B 
 Form of Release 
 AGREEMENT AND GENERAL RELEASE 

Renewable Energy Group, Inc. (the “Company”), its affiliates, divisions, successors and assigns, and the current, future and
former employees, officers, directors, trustees, representatives and agents thereof, in such capacities (collectively referred to throughout this Agreement as the “Business Parties”) and [Executive’s name] (the “Executive”),
his heirs, executors, administrators, successors and assigns (collectively referred to throughout this Agreement as the “Releasing Party”) have entered into this agreement and general release agreement (the “Agreement and General
Release”) and agree as follows: 
 1. Last Day of Employment. The Executive’s last day of employment with the
Company is [date]. Effective as of [date], the Executive will not be eligible for any benefits or compensation after [date], other than as specifically provided in Section 6 of the employment agreement between the Company and Executive dated as
of [date] (the “Employment Agreement”), his right to indemnification and directors and officers liability insurance under Section 4(i) of the Employment Agreement, and his right to outplacement benefits under Section 6 of the
Employment Agreement. The Executive further acknowledges and agrees that, after [date], he will not represent himself as being a director, employee, officer, trustee, agent or representative of the Company for any purpose. In addition, effective as
of [date], the Executive resigns from all offices, directorships, trusteeships, committee memberships and fiduciary capacities held with, or on behalf of, the Company or any benefit plans of the Company. These resignations will become irrevocable as
set forth in Section 3 below. 
 2. Consideration. The parties acknowledge that this Agreement and General Release
is being executed in accordance with Section 6(e) of the Employment Agreement. 
 3. Revocation. The Executive may
revoke this Agreement and General Release for a period of seven (7) calendar days following the day he executes this Agreement and General Release. Any revocation within this period must be submitted, in writing, to the Company and state,
“I hereby revoke my acceptance of our Agreement and General Release.” The revocation must be personally delivered to the Company’s Chief Executive Officer and General Counsel, or his/her designee, or mailed to the Company,
[company’s address] and postmarked within seven (7) calendar days of execution of this Agreement and General Release. This Agreement and General Release shall not become effective or enforceable until the revocation period has expired. If
the last day of the revocation period is a Saturday, Sunday, or legal holiday in the State of Iowa, then the revocation period shall not expire until the next following day which is not a Saturday, Sunday, or legal holiday. 

4. General Release of Claims. The Releasing Party knowingly and voluntarily

  
 B-1

 
releases and forever discharges the Business Parties from any and all claims, causes of actions, demands, fees and liabilities of any kind whatsoever, whether known and unknown, against the
Business Parties, the Releasing Party has, has ever had or may have as of the date of execution of this Agreement and General Release, including, without limitation, any alleged violation of: 

 

	 	•	 	 the National Labor Relations Act, as amended; 

  

	 	•	 	 the Civil Rights Act of 1866, as amended, Title VII of the Civil Rights Act of 1964, as amended, and the Civil Rights Act of 1991, as amended;

  

	 	•	 	 Sections 1981 through 1988 of Title 42 of the United States Code, as amended; 

 

	 	•	 	 the Employee Retirement Income Security Act of 1974, as amended; 

 

	 	•	 	 the Immigration Reform and Control Act, as amended; 

  

	 	•	 	 the Americans with Disabilities Act of 1990, as amended; 

 

	 	•	 	 the Age Discrimination in Employment Act of 1967, as amended; 

 

	 	•	 	 the Older Workers Benefit Protection Act of 1990; 

  

	 	•	 	 the Worker Adjustment and Retraining Notification Act, as amended; 

 

	 	•	 	 the Occupational Safety and Health Act, as amended; 

  

	 	•	 	 the Family and Medical Leave Act of 1993; 

  

	 	•	 	 the Iowa Civil Rights Act of 1965 (Iowa Code Chapter 216), as amended; 

 

	 	•	 	 the Iowa Wage Payment Collection Law (Iowa Code Chapter 91A), as amended; 

 

	 	•	 	 the laws of the State of Iowa concerning wages, employment and discharge or any other law, rule, regulation or ordinance pertaining to employment,
terms and conditions of employment, or termination of employment; 

  

	 	•	 	 any other federal, state or local civil or human rights laws or any other local, state or federal law, regulation or ordinance;

  

	 	•	 	 any public policy, contract, tort, or common law; or 

  

	 	•	 	 any allegation for costs, fees, or other expenses including attorneys’ fees incurred in these matters. 

No reference to the aforementioned causes of action or claims is intended to limit the scope of 

  
 B-2

 
this Agreement and General Release. Notwithstanding the above, the sole matters to which the Agreement and General Release do not apply are: (i) the Executive’s rights of
indemnification and directors and officers liability insurance coverage pursuant to Section 4(i) of the Employment Agreement or otherwise; (ii) the Executive’s rights under any tax-qualified pension plan or claims for accrued vested
benefits under any other employee benefit plan, policy or arrangement maintained by the Company or under COBRA; (iii) the Executive’s rights under the provisions of the Employment Agreement which are intended to survive termination of
employment; or (iv) the Executive’s rights as a stockholder. 
 5. No Future Grievances. The Releasing Party
waives his right to file any charges, complaints, grievances, lawsuits or related documents against the Business Parties arising out of the Executive’s employment with or separation from the Company before any federal, state or local court or
any state or local administrative agency, except where such waivers are prohibited by law. This Agreement and General Release, however, does not prevent Executive from filing a charge with the Equal Employment Opportunity Commission, any other
federal government agency, and/or any government agency concerning claims of discrimination, although Executive waives his right to recovery any damages or other relief in any claim or suit brought by or through the Equal Employment Opportunity
Commission or any other state or local agency on behalf of Executive under the Age Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964 as amended, the Americans with Disabilities Act, or any other federal or state
discrimination law, except where such waivers are prohibited by law. 
 6. Affirmations. The Executive affirms he has not
filed, has not caused to be filed, and is not presently a party to, any claim, complaint, or action against the Business Parties in any forum or form. Executive also affirms he has no known workplace injuries. 

7. Return of Property. The Executive represents that he has returned to the Company all property belonging to the Company,
including but not limited to any leased vehicle, laptop, cell phone, keys, access cards, phone cards and credit cards. 
 8.
Governing Law and Interpretation. This Agreement and General Release shall be governed by and construed in accordance with the laws of the State of Iowa, without reference to principles of conflict of laws. In the event the Executive or the
Company breaches any provision of this Agreement and General Release, the Executive and the Company affirm either may institute an action to specifically enforce any term or terms of this Agreement and General Release. 

9. Severability. Should any provision of this Agreement and General Release be declared illegal or unenforceable by any court of
competent jurisdiction and should the provision be incapable of being modified to be enforceable, such provision shall immediately become null and void, leaving the remainder of this Agreement and General Release in full force and effect. Nothing
herein, however, shall operate to void or nullify any general release language contained in the Agreement and General Release. 

10. Nonadmission of Wrongdoing. The Executive agrees neither this Agreement and

  
 B-3

 
General Release nor the furnishing of the consideration for this Release shall be deemed or construed at any time for any purpose as an admission by the Company of any liability or unlawful
conduct of any kind. 
 11. Amendment. This Agreement and General Release may not be modified, altered or changed except
upon express written consent of both parties wherein specific reference is made to this Agreement and General Release. 
 12.
Entire Agreement. This Agreement and General Release sets forth the entire agreement between the parties hereto and fully supersedes any prior agreements or understandings between the parties; provided, however, that notwithstanding anything
in this Agreement and General Release, the provisions in the Employment Agreement which are intended to survive termination of the Employment Agreement shall survive and continue in full force and effect. Executive acknowledges he has not relied on
any representations, promises, or agreements of any kind made to him in connection with his decision to accept this Agreement and General Release. 
 THE EXECUTIVE HAS BEEN ADVISED THAT HE HAS UP TO TWENTY-ONE (21) CALENDAR DAYS TO REVIEW THIS AGREEMENT AND GENERAL RELEASE AND HAS BEEN ADVISED IN WRITING TO CONSULT WITH AN ATTORNEY PRIOR TO
EXECUTION OF THIS AGREEMENT AND GENERAL RELEASE. 
 THE EXECUTIVE AGREES ANY MODIFICATIONS, MATERIAL OR OTHERWISE, MADE TO THIS
AGREEMENT AND GENERAL RELEASE DO NOT RESTART OR AFFECT IN ANY MANNER THE ORIGINAL TWENTY-ONE (21) CALENDAR DAY CONSIDERATION PERIOD. 
 HAVING ELECTED TO EXECUTE THIS AGREEMENT AND GENERAL RELEASE, TO FULFILL THE PROMISES SET FORTH HEREIN, AND TO RECEIVE THE SUMS AND BENEFITS SET FORTH IN THE EMPLOYMENT AGREEMENT, THE EXECUTIVE FREELY AND
KNOWINGLY, AND AFTER DUE CONSIDERATION, ENTERS INTO THIS AGREEMENT AND GENERAL RELEASE INTENDING TO WAIVE, SETTLE AND RELEASE ALL CLAIMS HE HAS OR MIGHT HAVE AGAINST THE BUSINESS PARTIES. 

IN WITNESS WHEREOF, the parties hereto knowingly and voluntarily executed this Agreement and General Release as of the date set forth
below. 
  

									
		 		 		 	Company
					
	/s/	 		 		 	By:	 	/S/
	  
	 		 		 	  

	 [Name]
	 		 		 	Name:	 	  

		 		 		 	Title:	 	  

					
	 Date:
	 		 		 	Date:	 	

  
 B-4

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