Document:

August 2, 2012 8K Exhibit 10.1

EXHIBIT 10.1

AGRICULTURAL LEASE

This Agricultural Lease ("Lease") is made this ____ day of May, 2012, between COAST IMPERIAL
PARTNERS, A California general partnership, hereinafter referred to as "Lessor" and S&W SEED COMPANY hereinafter referred
to as "Lessee".

WITNESSETH

WHEREAS, Lessor is the owner of certain agricultural real property in the County of Imperial, State of
California, consisting of approximately 1,240 gross acres, more or less, [APNs:  026-010-013 and 026-070-001] which Lessor desires to
lease to Lessee, and

WHEREAS, Lessee desires to lease all of said property from Lessor on the terms and subject to the conditions
set forth herein.

NOW, THEREFORE, in consideration of the mutual covenants, terms and conditions herein contained, the
parties do hereby agree as follows:

1.Premises:  Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor for the
purpose of raising crops thereon, that certain real property in the County of Imperial, State of California, consisting of approximately
1,240 gross acres more particularly described in Exhibit "A" attached hereto (the "Premises"). Lessee
acknowledges and agrees that Lessee has physically inspected the Premises and is aware of the physical characteristics of the
Premises and its suitability for growing crops. Lessor makes no warranty of the Premises' suitability for growing the crops Lessee is
authorized to grow under this Lease. This Lease is subject to all existing easements, servitudes, licenses, and right-of-way for canals,
ditches, levees, roads, highways, and utility lines, pipelines, and other purposes, whether recorded or not.

2.Term:  The term of this Lease shall be for five (5) years commencing July 1, 2012, with the
exception of the South half of Section 15, T12S, R15E [APN: 026-070-001; [D Canal Gates 6 and 8] which

shall be four (4) years, commencing on August 1, 2013, or sooner when the existing tenant completes the harvest and has disked the leased premises one
time.  All of said leases shall expire July 1, 2017, or completion of crop harvest that year.

2.1Right of First Refusal to Lease:  Provided that Lessee is not then in default under this
Lease, Lessee shall have a right of first refusal with respect to the reletting of the Premises at the expiration of the lease term described
in paragraph 2 above for an additional period of five (5) years from the expiration of the initial term of this lease.  If Lessor shall make or
receive an offer to lease the Premises during this period, Lessor shall provided Lessee written notice of the terms of such offer to lease.
Lessee shall have fifteen (15) days from receipt of Lessor's notice to agree to lease the Premises on the terms stated in Lessor's
notice.  If Lessee does not agree to lease the Premises on the terms stated in Lessor's notice, Lessor thereafter shall have the right to
lease the Premises to a third party on the terms stated in Lessor's notice.

3.Rent:

3.1 Semi-Annual Rent:Lessee shall pay to Lessor as base rent for the Premises, without deduction,
setoff, prior notice, or demand, the following semi-annual payments: 

	 	
AUGUST 1
	
FEBRUARY 1

	
YEAR 1
	
$75 PER ACRE
	
$75 PER ACRE

	
YEAR 2
	
$87.50 PER ACRE
	
$87.50 PER ACRE

	
YEAR 3
	
$100 PER ACRE
	
$100 PER ACRE

	
YEAR 4
	
$131.25 PER ACRE
	
$131.25 PER ACRE

	
YEAR 5
	
$137.50 PER ACRE
	
$137.50 PER ACRE

3.2Additional Rent:  In addition to the base rent set forth in paragraph 3.1 Lessee shall
timely pay as additional rent all other monetary obligations for which Lessee is responsible under this Lease.

                                                   2

4.Water Entitlements:  Lessee shall be entitled to all water allocated or historically associated with
the Premises.  In the event that, during the term of the Lease, Imperial Irrigation District or any entity offers lessees and/or landowners
of farmland consideration for entitlements for the use of the water that is not needed for the use on the Premises by Lessee, Lessee
and or Lessor shall share equally during the term of the Lease the Income derived from such entitlements relating to the
Premises.

5.Use:  The Premises shall be used solely for the planting, growing and harvesting of crops, and no
other use of the Premises shall be made without Lessor's prior written consent. All operations incident to this use of the Premises shall
be carried on according to the best course of husbandry practiced in the vicinity.

6.Condition of Premises:  Lessee hereby accepts the Premises in its present condition as
acceptable and satisfactory for its purposes and uses hereunder. Lessee shall, at Lessee's sole cost and expense, maintain and care
for the Premises in a good farmer-like manner in accordance with customary farming practices in the Imperial Valley and so as to
maintain crop yield and as to control weeds, disease and pests. Lessee shall, at Lessee's sole cost and expense, keep all irrigation
gates, checks, boxes, cement ditches, laterals, canals, tiling, and drains in good condition and repair and free from erosion at all times
during the term of this Lease, and to keep said canals, tiling and drains free and clean of weeds and noxious materials as the same
were at the time of commencement of the term of this Lease. Lessee shall, at Lessee's sole cost and expense, keep all of the Premises
free of noxious weeds, grasses and rodents. Lessee shall not make or permit to be made any alterations of the Premises without first
obtaining Lessor's consent. It is intended by the parties hereto that Lessor have no obligation, in any manner

                                                   3

whatsoever, to repair and maintain the Premises or any improvements to the Premises, all of which obligations are intended to be Lessee's. Lessee expressly
waives the benefit of any statute now or hereafter in effect which would otherwise afford Lessee the right to make repairs at Lessor's
expense or to terminate this Lease because of Lessor's failure to keep the Premises in good order, condition and
repair.

7.Water Charges:  Lessee shall timely pay all toll or gate charges on all water ordered by or
furnished to Lessee by Imperial Irrigation District and any minimum water charges and water availability charge.  Lessor shall pay all
property taxes with respect to the Premises. Provided that Lessee is not in default of any provision of this Lease, Lessor agrees to keep
a signed water card on file with Imperial Irrigation District in favor of Lessee without revocation, subject to terms and conditions set forth
in this Lease for the period of this Lease.

8.Mineral Rights:  All rights in all oil, gas, steam, geothermal resources, and minerals located on or
under the Premises are excepted from the property covered by the terms of this Lease. Lessee expressly grants to Lessor, and to
lessees of these oil, gas, steam, geothermal resources and mineral rights, and to Lessor's agents and licensees, a right of entry and
right-of-way for ingress and egress in and to, over and on, the Premises during the term of this Lease for the exploration, drilling,
processing, and other utilization of oil, gas, steam, geothermal resources, and minerals located on or under the Premises; provided that
Lessor shall reimburse Lessee for any reasonable damages (including loss of growing crops profits) that Lessee sustains as a result of
any interference with the agricultural operations conducted on the Premises under the terms of this Lease arising from exploration,
drilling, processing, and other utilization operations.

9.Utilities:  Lessee shall pay when due any and all charges for utilities or other

                                                   4

services supplied to the premises, and Lessee shall indemnify, defend and hold Lessor harmless for unpaid bills as of the termination of this
Lease.

10.Assignment: Lessee shall not assign this Lease without first obtaining Lessor's prior written
consent; except that Lessee shall have the right to sublease the Premises provided Lessee timely notifies Lessor of such sublease and
furnishes Lessor with a copy of such sublease.

11.Compliance with Laws:  Lessee shall, at Lessee's sole cost and expense, comply promptly with all
applicable statutes, ordinances, rules, regulations, and requirements regulating the use by Lessee of the Premises, including without
limitation, laws and regulations concerning protection of the environment.

12.Real and Personal Property Taxes: Lessor shall pay real property taxes assessed against the
Premises. Lessee shall pay, prior to delinquency, all personal property taxes levied by reason of any personal property owned by
Lessee on the Premises.

13.Hold Harmless:  Lessee shall indemnify, defend and hold Lessor harmless from and against any
and all claims, liabilities, obligations, costs and expenses, arising from or in connection with Lessee's use of the Premises including,
without limitation, damage or personal injury to Lessee, Lessee's employees, or any other person or property from any cause.

14.Insurance:  Lessee shall obtain and keep in force during the term of this Lease, at its own
expense, public liability insurance in companies and through brokers approved by Lessor for protection against liability to the public
arising as an incident to the use of or resulting from any accident occurring in or about the Premises. Such liability insurance shall be a
combined single limit policy in the amount not less than $1 million per occurrence, and shall name Lessor as an additional insured.
Lessee has the duty to obtain a written obligation imposed upon the

                                                   5

insurance carrier to notify Lessor in writing before any cancellation
of the insurance. Promptly after execution of this Lease, Lessee shall obtain and provide to Lessor a certificate of insurance evidencing
the insurance coverage described above. If Lessee fails to keep the required insurance in force, Lessor, although it is not required to do
so, may take out the necessary insurance and pay the premiums thereon. The repayment of premiums shall be part of the rental, and
payment shall be made on the next day on which rent becomes due. Lessee further agrees to obtain and keep in force during the term
of this Lease, at its own expense, proper and adequate worker's compensation insurance.

15.Attorney's Fees:  Lessee agrees to pay all costs and expenses, including attorney's fees in a
reasonable sum incurred by Lessor in recovering any rent due and unpaid hereunder, in enforcing any covenants or agreements herein
contained, or to recover possession of the Premises, whether or not any legal action is instituted with respect thereto.

16.Entry:  Lessor reserves the right to enter upon the Premises, or any part thereof, at any time, or
from time to time during the term of this Lease, for the purpose of inspecting the Premises and any operations being conducted
thereon, and of otherwise protecting Lessor's interest in the Premises. In the event Lessee fails to care properly for the Premises, or
any part thereof, Lessor may enter upon and make such repairs as Lessor may deem reasonably necessary for the proper care of the
Premises, and Lessee shall pay to Lessor the reasonable costs and expenses incurred for such work or repairs.

17.Defaults; Remedies:

17.1 Defaults:  The occurrence of any one or more of the following events shall constitute a
material default and breach of this Lease by Lessee:

                                                   6

	The vacating or abandonment of the Premises by Lessee.

	The failure by Lessee to make any payment of rent or any other payment required to be made by Lessee
hereunder, as and when due, where such failure shall continue for a period of three (3) days after written notice thereof from Lessor to
Lessee. In the event that Lessor serves Lessee with a Notice to Pay Rent or Quit pursuant to applicable Unlawful Detainer statutes
such Notice to Pay Rent or Quit shall also constitute the notice required by this subparagraph.

	The failure by Lessee to observe or perform any of the covenants, conditions or provisions of this Lease to
be observed or performed by Lessee, other than described in paragraph (b) above, where such failure shall continue for a period of ten
(10) days after written notice thereof from Lessor to Lessee.

	(i) The making by Lessee of any general arrangement or assignment for the benefit of creditors; (ii) Lessee becomes a
"debtor" as defined in 11 U.S.C. 101 or any successor statute thereto (unless, in the case of a petition filed against
Lessee, the same is dismissed within 60 days); (iii) the appointment of a trustee or receiver to take possession of substantially all of
Lessee's assets located at the Premises or of Lessee's interest in this Lease, where possession is not
restored to Lessee within 30 days; or (iv) the attachment, execution or other judicial seizure of substantially all of Lessee's assets
located at the Premises or of Lessee's interest in this Lease, where such seizure is not discharged within 30 days. Provided, however,
in the event that any provision of this paragraph 16.1(d) is contrary to any applicable law, such provision shall be of no force or
effect.

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	The discovery by Lessor that any financial statement given to Lessor by Lessee, any subtenant of Lessee, any successor in
interest of Lessee or any guarantor of Lessee's obligation hereunder, and any of them, was materially false.

17.2 Remedies:  In the event of any such default or breach by Lessee, Lessor may at any time thereafter, with or
without notice or demand and without limiting Lessor in the exercise of any right or remedy which Lessor may have by reason of such
default or breach:

	Terminate Lessee's right to possession of the Premises, in which case this Lease shall
terminate and Lessee shall immediately surrender possession of the Premises to Lessor. In such event Lessor shall be entitled to
recover from Lessee all damages incurred by Lessor by reason of Lessee's default including, but not limited to, the cost of recovering
possession of the Premises; expenses of releasing, including necessary renovation and alteration of the Premises, reasonable
attorney's fees, and any real estate commission actually paid; the worth at the time of award by the court having
jurisdiction thereof of the amount by which the unpaid rent for the balance of the term after the time of such award exceeds the amount
of such rental loss for the same period that Lessee proves could be reasonably avoided.

	Maintain Lessee's right to possession in which case this Lease shall continue in effect whether or not
Lessee shall have abandoned the Premises. In such event Lessor shall be entitled to enforce all of Lessor's rights and remedies under
this Lease, including the right to recover the rent as it becomes due hereunder.

	Pursue any other remedy now or hereafter available to Lessor under the laws or judicial decisions of the state wherein the
Premises are located.

18.Memorandum of Lease.  The parties will cause a Memorandum of Lease to be recorded on the
Premises.

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19.Surrender:  Upon the expiration or earlier termination of this Lease, Lessee covenants and
agrees to quit and surrender possession of the Premises and its appurtenant to Lessor in good condition and repair.  Except as set
forth in paragraph 19.1 below, Lessor shall be entitled to all un-harvested crops and crop stands remaining on the Premises on the
expiration or earlier termination of this Lease.

19.1 Expiration and Holdover:  It is understood and agreed that Lessee will endeavor to plant its crops
so that they can be brought to harvest on or before the expiration date(s) of this Lease. Provided that Lessee is not then in default and
except for alfalfa crops, if Lessee has not harvested or removed its growing crops at the expiration of this Lease, then a reasonable
time shall be given to harvest or remove such growing crops, but in no event shall said time extend beyond sixty (60) days from the
expiration of this Lease. Any such holdover shall constitute a tenancy from month to month and Lessee shall pay to Lessor the rent in
effect immediately prior to such expiration prorated on a monthly basis and shall observe all the terms and conditions of this Lease.

20.Interest:  Any amount due to Lessor not paid when due shall bear interest at ten percent (10%)
per annum from the date due. Payment of such interest shall not excuse or cure any default by Lessee under this Lease

21.Notices:  Any notice to be given to either parry by the other shall be in writing and shall be
served either personally or by registered or certified mail as follow:  

LESSORS: P.O. Box 398

   Imperial, Ca. 92251

   Attn: Don Barioni

Lessee:P.O. Box 235

   Five Points, CA 93624

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22.Modification:  Lessor and Lessee may mutually agree to a modification of this Lease by an
instrument in writing and duly signed by them.

23.Time:  The parties hereto expressly agree that time is of the essence in performance of all
covenants and conditions herein contained.

24.Condemnation:  If the entire or part of the Premises is taken or condemned for a public use, all
compensation awarded on condemnation shall go to Lessor, with Lessee having no claim to compensation other than for the
proportionate value of growing crops existing as of the date title is transferred. Rent payable hereunder shall he adjusted so that Lessee
shall be required to pay to the Lessor for the remainder of the term only such portions of the rent as the total acreage contained in the
Premises after the condemnation bears to the total acreage of the entire Premises at the date of condemnation.

25.Waivers:  No waiver by Lessor or any provision hereof shall be deemed a waiver of any provision
hereof or of any subsequent breach by Lessee of the same or any other provision. Lessor's consent to, or approval of, any act shall not
be deemed to render unnecessary the obtaining of Lessor's consent to or approval of any subsequent act by Lessee. The acceptance
of rent hereunder by Lessor shall not be a waiver of any preceding breach by Lessee of any provision hereof, other than failure to
Lessee to pay the particular rent so accepted, regardless of Lessor's knowledge of such preceding breach at the time of acceptance of
such rent.

26.Holding Over:  If Lessee, with Lessor's consent, remains in possession of the Premises or any
part thereof after the expiration of the term hereof, such occupancy shall be a tenancy from month to month upon all the provisions of
this Lease pertaining to the obligations of Lessee.

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27Cumulative Remedies:  No remedy or election hereunder shall be deemed exclusive but shall,
wherever possible, be cumulative with all other remedies at law or in equity.

28.Covenants and Conditions:  Each provision of this Lease performable by Lessee shall be deemed
both a covenant and a condition.

29.Relationship:  Nothing in this Lease shall be deemed or construed by the parties or by any third
person to create a relationship of principal and agent or of partnership or joint venture or of any other association or relationship other
than landlord and tenant.

30.Waste:  Lessee shall not commit or permit others to commit, on the Premises, waste or nuisance
or any other act which disturbs the quiet enjoyment of any other person.

IN WITNESS WHEREOF, the parties hereto have executed this Lease as of the date first above
written.
LESSOR:COAST IMPERIAL PARTNERS, A California general partnership

By:/s/ Donald V. Barioni

    Donald V. Barioni, General Partner

LESSEE:S&W SEED COMPANY

By:/s/ Mark Grewal    

   Mark Grewal, CEO

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EXHIBIT "A"

PARCEL 1: Section 15, Township 12 South Range 15 East, S.B.M, in an unincorporated area of the County of
Imperial, State of California, according to United States Government Plat of Resurvey approved February 8. 1916, and on file in the
United States Land Office.  EXCEPTING THEREFROM the Northeast Quarter of the Northeast Quarter thereof. (A.P.N. 026-070-01-01,
consisting of 600 acres, more or less)

PARCEL 2: Section 9, Township 12 South Range 15 East, S.B.M.,in an unincorporated area of the County of
Imperial, State of California, according to United States Government Plat of Resurvey approved February 8,1916, and on file in the
United States Land Office. (A.P.N. 026-010-13-01, Consisting of 640 acres, more or less)

   

   

   

   

                                                   12August 2, 2012 8K Exhibit 10.2

EXHIBIT 10.2

CREDIT AGREEMENT

THIS CREDIT AGREEMENT (this "Agreement") is entered into as of July 2, 2012, by and between S&W
SEED COMPANY, a Nevada corporation ("Borrower"), and WELLS FARGO BANK, NATIONAL ASSOCIATION
("Bank").

RECITALS

Borrower has requested that Bank extend or continue credit to Borrower as described below, and Bank has
agreed to provide such credit to Borrower on the terms and conditions contained herein.

NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Bank and Borrower
hereby agree as follows:

ARTICLE I  

CREDIT TERMS

SECTION 1.1. LINE OF CREDIT.

	Line of Credit. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower
from time to time up to and including April 1, 2014, not to exceed at any time the aggregate principal amount of Seven Million Five
Hundred Thousand Dollars ($7,500,000.00) ("Line of Credit"), the proceeds of which shall be used to finance Borrower's working capital
requirements. Borrower's obligation to repay advances under the Line of Credit shall be evidenced by a promissory note dated as of
April 1, 2012 ("Line of Credit Note"), all terms of which are incorporated herein by this reference.

	Borrowing and Repayment. Borrower may from time to time during the term of the Line of Credit borrow, partially or wholly
repay its outstanding borrowings, and reborrow, subject to all of the limitations, terms and conditions contained herein or in the Line of
Credit Note; provided however, that the total outstanding borrowings under the Line of Credit shall not at any time exceed the maximum
principal amount available thereunder, as set forth above.

SECTION 1.2. TERM LOAN.

	Term Loan.   Subject to the terms and conditions of this Agreement, Bank hereby agrees to make a loan to
Borrower in the principal amount of Two Million Six Hundred Twenty Five Thousand Dollars ($2,625,000.00) ("Term Loan"), the
proceeds of which shall be used for Borrower's long term financing. Borrower's obligation to repay the Term Loan shall be evidenced by
a promissory note dated as of July 2, 2012 ("Term Note"), all terms of which are incorporated herein by this reference. Bank's
commitment to grant the Term Loan shall terminate on August 2, 2012.

	Repayment.   The principal amount of the Term Loan shall be repaid in accordance with the provisions of the Term
Note.

	Prepayment.   Borrower may prepay principal on the Term Loan
solely in accordance with the provisions of the Term Note.

                                                   -1-

SECTION 1.3. INTEREST/FEES.

	Interest.   The outstanding principal balance of each credit subject hereto shall bear interest at the rate set forth in each
promissory note or other instrument or document executed in connection therewith.

	Computation and Payment.  Interest shall be computed on the basis of a 360-day year, actual days elapsed. Interest shall
be payable at the times and place set forth in each promissory note or other instrument or document required hereby.

	Commitment Fee.   Borrower shall pay to Bank a non-refundable commitment fee for the Term Loan equal to Five
Thousand Dollars ($5,000.00), which fee shall be due and payable the date the Term Loan is disbursed.

	Unused Commitment Fee.   Borrower shall pay to Bank a fee equal to one-half of one percent (.50%) per annum
(computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee
shall be calculated on a quarterly basis by Bank and shall be due and payable by Borrower in arrears within ten (10) days after each
billing is sent by Bank.

SECTION 1.4. COLLECTION OF PAYMENTS. Borrower authorizes Bank to collect all principal, interest and fees due under each
credit subject hereto by charging Borrower's deposit account number 4124921867 with Bank, or any other deposit account maintained
by Borrower with Bank, for the full amount thereof. Should there be insufficient funds in any such deposit account to pay all such sums
when due, the full amount of such deficiency shall be immediately due and payable by Borrower.

SECTION 1.5. COLLATERAL.

As security for all indebtedness and other obligations of Borrower to Bank under the Line of Credit, Borrower shall grant to Bank
security interests of first priority in: (a) all of Borrower's accounts, deposit accounts, chattel paper (whether electronic of tangible),
instruments, promissory notes, documents, general intangibles, payment intangibles, software, letter of credit rights, health-care
insurance receivables and other rights to payment; (b) all of Borrower's inventory, goods held for sale or lease or to be furnished under
contracts for service, goods so leased or furnished, raw materials, component parts and embedded software, work in process or
materials used or consumed in Borrower's business and all warehouse receipts, bills of lading and other documents evidencing goods
owned or acquired by Borrower and all goods covered thereby, wherever located; (c) all of Borrower's goods, tools, machinery,
furnishings, furniture and other equipment; and (d) all products of any of the foregoing, together with whatever is receivable of received
when any of the foregoing is sold, leased, collected, exchanged or otherwise disposed of, whether such disposition is voluntary or
involuntary.

As security for all indebtedness and other obligations of Borrower to Bank, under the Term Loan, Borrower hereby grants to Bank a
lien of not less than first priority on that certain real property described on Exhibit A attached hereto, all terms of
which are incorporated herein by this reference.

All of the foregoing shall be evidenced by and subject to the terms of such security agreements, financing statements, deeds or
mortgages, and other documents as Bank shall reasonably require, all in form and substance satisfactory to Bank. Borrower shall pay
to Bank immediately

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upon demand the full amount of all
charges, costs and expenses (to include fees paid to third parties and all allocated costs of Bank personnel), expended or incurred by
Bank in connection with any of the foregoing security, including without limitation, filing and recording fees and costs of appraisals,
audits and title insurance. 

ARTICLE II  

REPRESENTATIONS AND WARRANTIES

Borrower makes the following representations and warranties to Bank, which representations and warranties shall survive the
execution of this Agreement and shall continue in full force and effect until the full and final payment, and satisfaction and discharge, of
all obligations of Borrower to Bank subject to this Agreement.

SECTION 2.1. LEGAL STATUS. Borrower is a corporation, duly organized and existing and in good standing under the laws of
Nevada, and is qualified or licensed to do business (and is in good standing as a foreign corporation, if applicable) in all jurisdictions in
which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse
effect on Borrower.

SECTION 2.2.AUTHORIZATION AND VALIDITY. This Agreement and each promissory note, contract, instrument and other
document required hereby or at any time hereafter delivered to Bank in connection herewith (collectively, the "Loan Documents") have
been duly authorized, and upon their execution and delivery in accordance with the provisions hereof will constitute legal, valid and
binding agreements and obligations of Borrower or the party which executes the same, enforceable in accordance with their respective
terms.

SECTION 2.3.NO VIOLATION. The execution, delivery and performance by Borrower of each of the Loan Documents do not
violate any provision of any law or regulation, or contravene any provision of the Articles of Incorporation or By-Laws of Borrower, or
result in any breach of or default under any contract, obligation, indenture or other instrument to which Borrower is a party or by which
Borrower may be bound.

SECTION 2.4.LITIGATION. There are no pending, or to the best of Borrower's knowledge threatened, actions, claims,
investigations, suits or proceedings by or before any governmental authority, arbitrator, court or administrative agency which could have
a material adverse effect on the financial condition or operation of Borrower other than those disclosed by Borrower to Bank in writing
prior to the date hereof.

SECTION 2.5.CORRECTNESS OF FINANCIAL STATEMENT. The annual financial statement of Borrower dated June 30,
2011, and all interim financial statements delivered to Bank since said date, true copies of which have been delivered by Borrower to
Bank prior to the date hereof, (a) are complete and correct and present fairly the financial condition of Borrower, (b) disclose all
liabilities of Borrower that are required to be reflected or reserved against under generally accepted accounting principles, whether
liquidated or unliquidated, fixed or contingent, and (c) have been prepared in accordance with generally accepted accounting principles
consistently applied. Since the dates of such financial statements there has been no material adverse change in the financial condition
of Borrower, nor has Borrower mortgaged, pledged, granted a security interest in or otherwise encumbered any of its assets or
properties except in favor of Bank or as otherwise permitted by Bank in writing.

-3-

SECTION 2.6.INCOME TAX
RETURNS.  Borrower has no knowledge of any pending assessments or adjustments of its income tax payable with respect to any
year.

SECTION 2.7.NO SUBORDINATION.  There is no agreement, indenture, contract or instrument to which Borrower is a party
or by which Borrower may be bound that requires the subordination in right of payment of any of Borrower's obligations subject to this
Agreement to any other obligation of Borrower.

SECTION 2.8.PERMITS, FRANCHISES.  Borrower possesses, and will hereafter possess, all permits, consents, approvals,
franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it
to conduct the business in which it is now engaged in compliance with applicable law.

SECTION 2.9.ERISA.  Borrower is in compliance in all material respects with all applicable provisions of the Employee
Retirement Income Security Act of 1974, as amended or recodified from time to time ("ERISA"); Borrower has not violated any provision
of any defined employee pension benefit plan (as defined in ERISA) maintained or contributed to by Borrower (each, a "Plan"); no
Reportable Event as defined in ERISA has occurred and is continuing with respect to any Plan initiated by Borrower; Borrower has met
its minimum funding requirements under ERISA with respect to each Plan; and each Plan will be able to fulfill its benefit obligations as
they come due in accordance with the Plan documents and under generally accepted accounting principles.

SECTION 2.10. OTHER OBLIGATIONS. Borrower is not in default on any obligation for borrowed money, any purchase money
obligation or any other material lease, commitment, contract, instrument or obligation.

SECTION 2.11. ENVIRONMENTAL MATTERS. Except as disclosed by Borrower to Bank in writing prior to the date hereof,
Borrower is in compliance in all material respects with all applicable federal or state environmental, hazardous waste, health and safety
statutes, and any rules or regulations adopted pursuant thereto, which govern or affect any of Borrower's operations and/or properties,
including without limitation, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, the Superfund
Amendments and Reauthorization Act of 1986, the Federal Resource Conservation and Recovery Act of 1976, and the Federal Toxic
Substances Control Act, as any of the same may be amended, modified or supplemented from time to time. None of the operations of
Borrower is the subject of any federal or state investigation evaluating whether any remedial action involving a material expenditure is
needed to respond to a release of any toxic or hazardous waste or substance into the environment. Borrower has no material
contingent liability in connection with any release of any toxic or hazardous waste or substance into the environment.

SECTION 2.12. REAL PROPERTY COLLATERAL. Except as disclosed by Borrower to Bank in writing prior to the date hereof, with
respect to any real property collateral required hereby:

	All taxes, governmental assessments, insurance premiums, and water, sewer and municipal charges, and rents (if any) which
previously became due and owing in respect thereof have been paid as of the date hereof.
	There are no mechanics' or similar liens or claims which have been filed for work, labor or material (and no rights are outstanding
that under law could give rise to any such lien)

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which affect all or any interest in any such
real property and which are or may be prior to or equal to the lien thereon in favor of Bank.

	appraised value of any such real property lies outside of the boundaries and/or building restriction lines thereof, and no
improvements on adjoining properties materially encroach upon any such real property.
	There is no pending, or to the best of Borrower's knowledge threatened, proceeding for the total or partial condemnation of all or
any portion of any such real property, and all such real property is in good repair and free and clear of any damage that would
materially and adversely affect the value thereof as security and/or the intended use thereof.

ARTICLE III  

CONDITIONS

SECTION 3.1. CONDITIONS OF INITIAL EXTENSION OF CREDIT.  The obligation of Bank to extend any credit
contemplated by this Agreement is subject to the fulfillment to Bank's satisfaction of all of the following conditions:

	Approval of Bank Counsel.   All legal matters incidental to the extension of credit by Bank shall be satisfactory to Bank's
counsel.

	Documentation.   Bank shall have received, in form and substance satisfactory to Bank, each of the following, duly
executed:

	This Agreement and each promissory note or other instrument or document required hereby.
	Certificate of Incumbency.
	Corporate Resolution: Borrowing.
	Security Agreement; Borrower: Continuing Rights to Payment and Inventory.
	Security Agreement; Borrower: Equipment.
	Deed of Trust and Assignment of Rents and Leases.
	Such other documents as Bank may require under any other Section of this Agreement.

	Financial Condition.  There shall have been no material adverse change, as determined by Bank, in the financial condition
or business of Borrower, nor any material decline, as determined by Bank, in the market value of any collateral required hereunder or a
substantial or material portion of the assets of Borrower.

	Insurance.   Borrower shall have delivered to Bank evidence of insurance coverage on all Borrower's property, in form,
substance, amounts, covering risks and issued by companies satisfactory to Bank, and where required by Bank, with loss payable
endorsements in favor of Bank.

	Appraisals.   Bank shall have obtained, at Borrower's cost, an appraisal of all real property collateral required hereby, and
all improvements thereon, issued by an appraiser acceptable to Bank and in form, substance and reflecting values satisfactory to Bank,
in its discretion.

-5-

	Title Insurance.   Bank shall
have received an ALTA Policy of Title Insurance, with such endorsements as Bank may require, issued by a company and in form and
substance satisfactory to Bank, in such amount as Bank shall require, insuring Bank's lien on the real property collateral required
hereby to be of first  priority, subject only to such exceptions as Bank shall approve in its discretion, with all costs thereof to be paid by
Borrower.

	Tax Service Contract.   Borrower shall have procured and delivered to Bank, at Borrower's cost, such tax service contract
as Bank shall require for any real property collateral required hereby, to remain in effect as long as such real property secures any
obligations of Borrower to Bank as required hereby.

SECTION 3.2.CONDITIONS OF EACH EXTENSION OF CREDIT.  The obligation of Bank to make each extension of credit
requested by Borrower hereunder shall be subject to the fulfillment to Bank's satisfaction of each of the following conditions:

	Compliance.  The representations and warranties contained herein and in each of the other Loan Documents shall be true
on and as of the date of the signing of this Agreement and on the date of each extension of credit by Bank pursuant hereto, with the
same effect as though such representations and warranties had been made on and as of each such date, and on each such date, no
Event of Default as defined herein, and no condition, event or act which with the giving of notice or the passage of time or both would
constitute such an Event of Default, shall have occurred and be continuing or shall exist.

	Documentation.  Bank shall have received all additional documents which may be required in connection with such
extension of credit.

ARTICLE IV 

AFFIRMATIVE COVENANTS

Borrower covenants that so long as Bank remains committed to extend credit to Borrower pursuant hereto, or any liabilities
(whether direct or contingent, liquidated or unliquidated) of Borrower to Bank under any of the Loan Documents remain outstanding,
and until payment in full of all obligations of Borrower subject hereto, Borrower shall, unless Bank otherwise consents in writing:

SECTION 4.1. PUNCTUAL PAYMENTS.  Punctually pay all principal, interest, fees or other liabilities due under any of the
Loan Documents at the times and place and in the manner specified therein.

SECTION 4.2. ACCOUNTING RECORDS.  Maintain adequate books and records in accordance with generally accepted
accounting principles consistently applied, and permit any representative of Bank, at any reasonable time, to inspect, audit and
examine such books and records, to make copies of the same, and to inspect the properties of Borrower.

SECTION 4.3. FINANCIAL STATEMENTS. Provide to Bank all of the following, in form and detail satisfactory to Bank:

	(a) not later than 50 days after the end of the first three fiscal quarters, a quarterly report on form 10-Q as filed with the Securities
and Exchange Commission, containing unaudited financial statements for such period;

-6-

	not later than 105 days after the end of each fiscal year, an annual report on form 10-K as filed with the Securities and Exchange
Commission, containing audited financial statements for such fiscal year;

	not later than 50 days after and as of the end of each fiscal quarter, an aged listing of accounts receivable;

	from time to time such other information as Bank may reasonably request, including without limitation, copies of rent rolls and other
information with respect to any real property collateral required hereby.

SECTION 4.4. COMPLIANCE.  Preserve and maintain all licenses, permits, governmental approvals, rights, privileges and
franchises necessary for the conduct of its business; and comply with the provisions of all documents pursuant to which Borrower is
organized and/or which govern Borrower's continued existence and with the requirements of all laws, rules, regulations and orders of
any governmental authority applicable to Borrower and/or its business.

SECTION 4.5.INSURANCE.  Maintain and keep in force, for each business in which Borrower is engaged, insurance of the
types and in amounts customarily carried in similar lines of business, including but not limited to fire, extended coverage, public liability,
flood, property damage and workers' compensation, with all such insurance carried with companies and in amounts satisfactory to
Bank, and deliver to Bank from time to time at Bank's request schedules setting forth all insurance then in effect.

SECTION 4.6.FACILITIES.  Keep all properties useful or necessary to Borrower's business in good repair and condition, and
from time to time make necessary repairs, renewals and replacements thereto so that such properties shall be fully and efficiently
preserved and maintained.

SECTION 4.7.TAXES AND OTHER LIABILITIES.  Pay and discharge when due any and all indebtedness, obligations,
assessments and taxes, both real or personal, including without limitation federal and state income taxes and state and local property
taxes and assessments, except (a) such as Borrower may in good faith contest or as to which a bona fide dispute may arise, and (b) for
which Borrower has made provision, to Bank's satisfaction, for eventual payment thereof in the event Borrower is obligated to make
such payment.

SECTION 4.8.LITIGATION.  Promptly give notice in writing to Bank of any litigation pending or threatened against
Borrower.

SECTION 4.9. FINANCIAL CONDITION.  Maintain Borrower's financial condition as follows using generally accepted
accounting principles consistently applied and used consistently with prior practices (except to the extent modified by the definitions
herein):

	Working Capital not less than $9,000,000.00 at each fiscal quarter end, with 'Working Capital" defined as total current
assets minus any account which represents an obligation of an account debtor located in a foreign country minus total current liabilities
minus any amount outstanding under the Line of Credit classified as a long term liability on Borrower's financial statement.

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	Tangible Net Worth not less than
$13,000,000.00 at each fiscal quarter end, with "Tangible Net Worth" defined as the aggregate of total stockholders' equity plus
subordinated debt less any intangible assets and less any loans or advances to, or investments in, any related  entities individuals.

	Quick Ratio not less than 3.0 to 1.0 at each fiscal year end, with "Quick Ratio" defined as the aggregate of unrestricted cash,
unrestricted marketable securities and receivables convertible into cash divided by total current liabilities.

	Maintain Borrower's financial condition using generally accepted accounting principles
consistently applied and used consistently with prior practices, so that Borrower has a Debt Service Coverage Ratio of not less than
1.25 to 1.0 on an annual basis, determined as of each fiscal year end, with "Debt Service Coverage Ratio" defined as the aggregate of
gross income received by Borrower less all expenses (excluding depreciation and interest expense) paid by Borrower during any fiscal
year divided by the aggregate of all principal and interest required to be paid by Borrower during such fiscal year.

SECTION 4.10. NOTICE TO BANK. Promptly (but in no event more than five (5) days after the occurrence of each such event or
matter) give written notice to Bank in reasonable detail of: (a) the occurrence of any Event of Default, or any condition, event or act
which with the giving of notice or the passage of time or both would constitute an Event of Default; (b) any change in the name or the
organizational structure of Borrower; (c) the occurrence and nature of any Reportable Event or Prohibited Transaction, each as defined
in ERISA, or any funding deficiency with respect to any Plan; or (d) any termination or cancellation of any insurance policy which
Borrower is required to maintain, or any uninsured or partially uninsured loss through liability or property damage, or through fire, theft
or any other cause affecting Borrower's property.

ARTICLE V  

NEGATIVE COVENANTS

Borrower further covenants that so long as Bank remains committed to extend credit to Borrower pursuant hereto, or any
liabilities (whether direct or contingent, liquidated or unliquidated) of Borrower to Bank under any of the Loan Documents remain
outstanding, and until payment in full of all obligations of Borrower subject hereto, Borrower will not without Bank's prior written
consent:

SECTION 5.1. USE OF FUNDS. Use any of the proceeds of any credit extended hereunder except for the purposes stated in
Article I hereof.

SECTION 5.2. CAPITAL EXPENDITURES. Make any additional investment in fixed assets in any fiscal year, in excess of an
aggregate of $500,000.00.

SECTION 5.3. LEASE EXPENDITURES. Incur operating lease expense in any fiscal year in excess of an aggregate of
$1,500,000.00.

SECTION 5.4. OTHER INDEBTEDNESS. Create, incur, assume or permit to exist any indebtedness or liabilities resulting from
borrowings, loans or advances, whether secured or unsecured, matured or unmatured, liquidated or unliquidated, joint or several,
except (a) the liabilities of Borrower to Bank, and (b) any other liabilities of Borrower existing as of, and disclosed to Bank prior to, the
date hereof.

-8-

SECTION 5.5. MERGER,
CONSOLIDATION, TRANSFER OF ASSETS.  Merge into or consolidate with any other entity; make any substantial change in the
nature of Borrower's businesses-conducted as of the date hereof; acquire all or substantially all of the assets of any other entity; nor
sell, lease, transfer or otherwise dispose of all or a substantial or material portion of Borrower's assets except in the ordinary course of
its business.

SECTION 5.6. GUARANTIES. Guarantee or become liable in any way as surety, endorser (other than as endorser of negotiable
instruments for deposit or collection in the ordinary course of business), accommodation endorser or otherwise for, nor pledge or
hypothecate any assets of Borrower as security for, any liabilities or obligations of any other person or entity, except any of the
foregoing in favor of Bank.

SECTION 5.7. LOANS, ADVANCES, INVESTMENTS. Make any loans or advances to or investments in any person or entity,
except any of the foregoing existing as of, and disclosed to Bank prior to, the date hereof.

SECTION 5.8. PLEDGE OF ASSETS. Mortgage, pledge, grant or permit to exist a security interest in, or lien upon, all or any
portion of Borrower's assets now owned or hereafter acquired, except any of the foregoing in favor of Bank or which is existing as of,
and disclosed to Bank in writing prior to, the date hereof.

ARTICLE VI  

EVENTS OF DEFAULT

SECTION 6.1. The occurrence of any of the following shall constitute an "Event of Default" under this Agreement:

	Borrower shall fail to pay when due any principal, interest, fees or other amounts payable under any of the Loan Documents.

	Any financial statement or certificate furnished to Bank in connection with, or any representation or
warranty made by Borrower or any other party under this Agreement or any other Loan Document shall prove to be incorrect, false or
misleading in any material respect when furnished or made.

	Any default in the performance of or compliance with any obligation, agreement or other provision
contained herein or in any other Loan Document (other than those specifically described as an "Event of Default" in this section 6.1),
and with respect to any such default that by its nature can be cured, such default shall continue for a period of thirty (30) days from its
occurrence.

	Any default in the payment or performance of any obligation, or any defined event of default, under the terms of any contract,
instrument or document (other than any of the Loan Documents) pursuant to which Borrower, any guarantor hereunder or any general
partner or joint venturer in Borrower if a partnership or joint venture (with each such guarantor, general partner and/or joint venturer
referred to herein as a "Third Party Obligor") has incurred any debt or other liability to any person or entity, including Bank.

	Borrower or any Third Party Obligor shall become insolvent, or shall suffer or consent to or apply for the appointment of a
receiver, trustee, custodian or liquidator of itself or

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any of its property, or shall generally fail to
pay its debts as they become due, or shall make a general assignment for the benefit of creditors; Borrower or any Third Party Obligor
shall file a voluntary petition in bankruptcy, or seeking reorganization, in order to effect a plan or other arrangement with creditors or any
other relief under the Bankruptcy Reform Act, Title 11 of the United States Code, as amended or recodified from time to time
("Bankruptcy Code"), or under any state or federal law granting relief to debtors, whether now or hereafter in effect; or Borrower or any
Third Party Obligor shall file an answer admitting the jurisdiction of the court and the material allegations of any involuntary petition; or
Borrower or any Third Party Obligor shall be adjudicated a bankrupt, or an order for relief shall be entered against Borrower or any
Third Party Obligor by any court of competent jurisdiction under the Bankruptcy Code or any other applicable state or federal law
relating to bankruptcy, reorganization or other relief for debtors.

	The filing of a notice of judgment lien against Borrower or any Third Party Obligor; or the recording of any abstract of
judgment against Borrower or any Third Party Obligor in any county in which Borrower or such Third Party Obligor has an interest in
real property; or the service of a notice of levy and/or of a writ of attachment or execution, or other like process, against the assets of
Borrower or any Third Party Obligor; or the entry of a judgment against Borrower or any Third Party Obligor; or any involuntary petition
or proceeding pursuant to the Bankruptcy Code or any other applicable state or federal law relating to bankruptcy, reorganization or
other relief for debtors is filed or commenced against Borrower or any Third Party Obligor, and the involuntary petition or proceeding
continues undismissed more than sixty (60) days following the date of its filing; provided, however, that with respect to the filing of a
notice of judgment lien, or the recording of a judgment, or the service of any legal process, all as more fully enumerated herein, against
either Borrower or any Third Party Obligor, the total aggregate amount of any one or more such filings, judgments, or processes must
be in excess of $100,000.00.

	There shall exist or occur any event or condition that Bank in good faith believes impairs, or is substantially likely to impair, the
prospect of payment or performance by Borrower, any Third Party Obligor, or the general partner of either if such entity is a partnership,
of its obligations under any of the Loan Documents.

	The death or incapacity of Borrower or any Third Party Obligor if an individual. The dissolution or liquidation of Borrower or any
Third Party Obligor if a corporation, partnership, joint venture or other type of entity; or Borrower or any such Third Party Obligor, or any
of its directors, stockholders or members, shall take action seeking to effect the dissolution or liquidation of Borrower or such Third
Party Obligor.

	Any change in control of Borrower or any entity or combination of entities that directly or indirectly control Borrower, with "control"
defined as ownership of an aggregate of twenty-five percent (25%) or more of the common stock, members' equity or other ownership
interest (other than a limited partnership interest).

	The sale, transfer, hypothecation, assignment or encumbrance, whether voluntary, involuntary or by operation of law, without
Bank's prior written consent, of all or any part of or interest in any real property collateral required hereby.

SECTION 6.2.REMEDIES.  Upon the occurrence of any Event of Default: (a) all indebtedness of Borrower under each of the
Loan Documents, any term thereof to the contrary notwithstanding, shall at Bank's option and without notice become immediately due
and payable

-10-

without presentment, demand, protest or
notice of dishonor, all of which are hereby expressly waived by Borrower; (b) the obligation, if any, of Bank to extend any further credit
under any of the Loan Documents shall immediately cease and terminate; and (c) Bank shall have all rights, powers-and-remedies
available under each of the Loan Documents, or accorded by Law, including without limitation the right to resort to any or all security for
any credit subject hereto and to exercise any or all of the rights of a beneficiary or secured party pursuant to applicable law. All rights,
powers and remedies of Bank may be exercised at any time by Bank and from time to time after the occurrence of an Event of Default,
are cumulative and not exclusive, and shall be in addition to any other rights, powers or remedies provided by law or equity.

ARTICLE VII  

MISCELLANEOUS

SECTION 7.1.NO WAIVER.  No delay, failure or discontinuance of Bank in exercising any right, power or remedy under
any of the Loan Documents shall affect or operate as a waiver of such right, power or remedy; nor shall any single or partial exercise of
any such right, power or remedy preclude, waive or otherwise affect any other or further exercise thereof or the exercise of any other
right, power or remedy. Any waiver, permit, consent or approval of any kind by Bank of any breach of or default under any of the Loan
Documents must be in writing and shall be effective only to the extent set forth in such writing.

SECTION 7.2.NOTICES.  All notices, requests and demands which any party is required or may desire to give to any other
party under any provision of this Agreement must be in writing delivered to each party at the following address:

BORROWER: S&W SEED COMPANY

                             25552 S. Butte Avenue

                           Five Points, CA 93624

BANK:WELLS FARGO BANK, NATIONAL ASSOCIATION

   8405 N. Fresno Street, Suite 200

   Fresno, CA 93720

or to such other address as any party may designate by written notice to all other parties. Each such notice,
request and demand shall be deemed given or made as follows: (a) if sent by hand delivery, upon delivery; (b) if sent by mail, upon the
earlier of the date of receipt or three (3) days after deposit in the U.S. mail, first class and postage prepaid; and (c) if sent by telecopy,
upon receipt.

SECTION 7.3.COSTS, EXPENSES AND ATTORNEYS' FEES.  Borrower shall pay to Bank immediately upon demand the full
amount of all payments, advances, charges, costs and expenses, including reasonable attorneys' fees (to include outside counsel fees
and all allocated costs of Bank's in-house counsel), expended or incurred by Bank in connection with (a) the negotiation and
preparation of this Agreement and the other Loan Documents, Bank's continued administration hereof and thereof, and the preparation
of any amendments and waivers hereto and thereto, (b) the enforcement of Bank's rights and/or the collection of any amounts which
become due to Bank under any of the Loan Documents, and (c) the prosecution or defense of any action in any way related to any of
the Loan Documents, including without limitation, any action for declaratory relief, whether incurred at the trial or appellate level, in an
arbitration proceeding or otherwise, and including any of the foregoing incurred in connection with any bankruptcy proceeding (including
without limitation, any adversary proceeding,

-11-

contested matter or motion brought by
Bank or any other person) relating to Borrower or any other person or entity.

SECTION 74. SUCCESSORS, ASSIGNMENT.  This Agreement shall be binding upon and inure to the benefit of the heirs,
executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Borrower may not
assign or transfer its interests or rights hereunder without Bank's prior written consent. Bank reserves the right to sell, assign, transfer,
negotiate or grant participations in all or any part of, or any interest in, Bank's rights and benefits under each of the Loan Documents. In
connection therewith, Bank may disclose all documents and information which Bank now has or may hereafter acquire relating to any
credit subject hereto, Borrower or its business, or any collateral required hereunder.

SECTION 7.5.ENTIRE AGREEMENT; AMENDMENT.  This Agreement and the other Loan Documents constitute the entire
agreement between Borrower and Bank with respect to each credit subject hereto and supersede all prior negotiations,
communications, discussions and correspondence concerning the subject matter hereof. This Agreement may be amended or modified
only in writing signed by each party hereto.

SECTION 7.6. NO THIRD PARTY BENEFICIARIES.  This Agreement is made and entered into for the sole protection and
benefit of the parties hereto and their respective permitted successors and assigns, and no other person or entity shall be a third party
beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any other of the Loan
Documents to which it is not a party.

SECTION 7.7. TIME.  Time is of the essence of each and every provision of this Agreement and each other of the Loan
Documents.

SECTION 7.8. SEVERABILITY OF PROVISIONS.  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 provision or any remaining provisions of this Agreement.

SECTION 7.9. COUNTERPARTS.  This Agreement may be executed in any number of counterparts, each of which when
executed and delivered shall be deemed to be an original, and all of which when taken together shall constitute one and the same
Agreement.

SECTION 7.10. GOVERNING LAW.  This Agreement shall be governed by and construed in accordance with the laws of the
State of California.

SECTION 7.11. ARBITRATION.

	Arbitration.  The parties hereto agree, upon demand by any party, to submit to binding arbitration all claims,
disputes and controversies between or among them (and their respective employees, officers, directors, attorneys, and other agents),
whether in tort, contract or otherwise in any way arising out of or relating to (i) any credit subject hereto, or any of the Loan Documents,
and their negotiation, execution, collateralization, administration, repayment, modification, extension, substitution, formation,
inducement, enforcement, default or termination; or (ii) requests for additional credit

-12-

	Governing Rules.  Any
arbitration proceeding will (i) proceed in a location in California selected by the American Arbitration Association ("MA"); (ii) be governed
by the Federal Arbitration Act (Title 9 of the United States Code), notwithstanding any conflicting choice of law provision in any
of the-documents between the parties; and (iii) be conducted by  the AAA, or such other administrator as the parties shall mutually
agree upon, in accordance with the AAA's commercial dispute resolution procedures, unless the claim or counterclaim is at least
$1,000,000.00 exclusive of claimed interest, arbitration fees and costs in which case the arbitration shall be conducted in accordance
with the AAA's optional procedures for large, complex commercial disputes (the commercial dispute resolution procedures or the
optional procedures for large, complex commercial disputes to be referred to herein, as applicable, as the "Rules"). If there is any
inconsistency between the terms hereof and the Rules, the terms and procedures set forth herein shall control. Any party who fails or
refuses to submit to arbitration following a demand by any other party shall bear all costs and expenses incurred by such other party in
compelling arbitration of any dispute. Nothing contained herein shall be deemed to be a waiver by any party that is a bank of the
protections afforded to it under 12 U.S.C.  91 or any similar applicable state law.

	No Waiver of Provisional Remedies, Self-Help and Foreclosure.  The arbitration requirement does not limit the right of any
party to (i) foreclose against real or personal property collateral; (ii) exercise self-help remedies relating to collateral or proceeds of
collateral such as setoff or repossession; or (iii) obtain provisional or ancillary remedies such as replevin, injunctive relief, attachment or
the appointment of a receiver, before during or after the pendency of any arbitration proceeding. This exclusion does not constitute a
waiver of the right or obligation of any party to submit any dispute to arbitration or reference hereunder, including those arising from the
exercise of the actions detailed in sections (i), (ii) and (iii) of this paragraph.

	Arbitrator Qualifications and Powers.  Any arbitration proceeding in which the amount in controversy is $5,000,000.00 or
less will be decided by a single arbitrator selected according to the Rules, and who shall not render an award of greater than
$5,000,000.00. Any dispute in which the amount in controversy exceeds $5,000,000.00 shall be decided by majority vote of a panel of
three arbitrators; provided however, that all three arbitrators must actively participate in all hearings and deliberations. The arbitrator will
be a neutral attorney licensed in the State of California or a neutral retired judge of the state or federal judiciary of California, in either
case with a minimum of ten years experience in the substantive law applicable to the subject matter of the dispute to be arbitrated. The
arbitrator will determine whether or not an issue is arbitratable and will give effect to the statutes of limitation in determining any claim.
In any arbitration proceeding the arbitrator will decide (by documents only or with a hearing at the arbitrator's discretion) any pre-
hearing motions which are similar to motions to dismiss for failure to state a claim or motions for summary adjudication. The arbitrator
shall resolve all disputes in accordance with the substantive law of California and may grant any remedy or relief that a court of such
state could order or grant within the scope hereof and such ancillary relief as is necessary to make effective any award. The arbitrator
shall also have the power to award recovery of all costs and fees, to impose sanctions and to take such other action as the arbitrator
deems necessary to the same extent a judge could pursuant to the Federal Rules of Civil Procedure, the California Rules of Civil
Procedure or other applicable law. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction.
The institution and maintenance of an action for judicial relief or pursuit of a provisional or ancillary remedy shall not constitute a waiver
of the right of any party, including the plaintiff, to submit the controversy or claim to arbitration if any other party contests such action for
judicial relief.

-13-

	Discovery.  In any arbitration
proceeding, discovery will be permitted in accordance with the Rules. All discovery shall be expressly limited to matters directly relevant
to the dispute being arbitrated and must be completed no later than 20 days before the hearing date. Any requests for an extension of
the discovery periods, or any discovery disputes, will be subject to  final determination by the arbitrator upon a showing that
the request for discovery is essential for the party's presentation and that no alternative means for obtaining information is
available.

	Class Proceedings and Consolidations.  No party hereto shall be entitled to join or consolidate
disputes by or against others in any arbitration, except parties who have executed any Loan Document, or to include in any arbitration
any dispute as a representative or member of a class, or to act in any arbitration in the interest of the general public or in a private
attorney general capacity.

	Payment Of Arbitration Costs And Fees.  The arbitrator shall award all costs and expenses of the arbitration
proceeding.

	Real Property Collateral: Judicial Reference. Notwithstanding anything herein to the contrary, no dispute shall be
submitted to arbitration if the dispute concerns indebtedness secured directly or indirectly, in whole or in part, by any real property
unless (i) the holder of the mortgage, lien or security interest specifically elects in writing to proceed with the arbitration, or (ii) all parties
to the arbitration waive any rights or benefits that might accrue to them by virtue of the single action rule statute of California, thereby
agreeing that all indebtedness and obligations of the parties, and all mortgages, liens and security interests securing such indebtedness
and obligations, shall remain fully valid and enforceable. If any such dispute is not submitted to arbitration, the dispute shall be referred
to a referee in accordance with California Code of Civil Procedure Section 638 et seq., and this general reference agreement is
intended to be specifically enforceable in accordance with said Section 638. A referee with the qualifications required herein for
arbitrators shall be selected pursuant to the AAA's selection procedures. Judgment upon the decision rendered by a referee shall be
entered in the court in which such proceeding was commenced in accordance with California Code of Civil Procedure Sections 644 and
645.

	Miscellaneous.  To the maximum extent practicable, the AAA, the arbitrators and the parties shall take all action required
to conclude any arbitration proceeding within 180 days of the filing of the dispute with the AAA. No arbitrator or other party to an
arbitration proceeding may disclose the existence, content or results thereof, except for disclosures of information by a party required in
the ordinary course of its business or by applicable law or regulation. If more than one agreement for arbitration by or between the
parties potentially applies to a dispute, the arbitration provision most directly related to the Loan Documents or the subject matter of the
dispute shall control. This arbitration provision shall survive termination, amendment or expiration of any of the Loan Documents or any
relationship between the parties.

	Small Claims Court.  Notwithstanding anything herein to the contrary, each party retains the right to pursue in Small
Claims Court any dispute within that court's jurisdiction. Further, this arbitration provision shall apply only to disputes in which either
party seeks to recover an amount of money (excluding attorneys' fees and costs) that exceeds the jurisdictional limit of the Small
Claims Court.

-14-

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

	

S&W SEED COMPANY

	

WELLS FARGO BANK,

    NATIONAL ASSOCIATION

	

By:/s/ Matthew K. Szot

Matthew K. Szot,         

Senior Vice President,   

Chief Financial Office

	

By:/s/ Rodney J. Krouskup

Matthew K. Szot,Rodney J. Krouskup,

Senior Vice President,Relationship Manager

   

   

   

   

-15-

Please Initial

EXHIBIT A

(Description of Property)

Exhibit A to Credit Agreement executed
by S&W Seed Company, A Nevada Corporation, dated as of July 2, 2012

SECTION 5, TOWNSHIP 12 SOUTH, RANGE 15 EAST, S.B.M., IN AN UNINCORPORATED AREA OF THE COUNTY OF
IMPERIAL, STATE OF CALIFORNIA, ACCORDING TO THE OFFICIAL PLAT THEREOF.

EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON AND OTHER SUBSTANCES, MINERALS AND STEAM, IN, ON
AND UNDER SAID LAND, AS GRANTED TO BOB WEINBERG AND MARCHA WEINBERG, HUSBAND AND WIFE, IN DEED
RECORDED MARCH 20, 1972 IN BOOK 1324, PAGE 840, OFFICIAL

RECORDS, EXCEPT ALL RIGHT OF SURFACE ENTRY DOWN TO 500 FEET BELOW THE SURFACE THEREOF.

APN: 026-010-003-000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00206-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00206-of-00352.parquet"}]]