Document:

$10,000,000 Promissory Note

 EXHIBIT 10.28 
 PROMISSORY NOTE 
  

			
	$10,000,000.00	  	January 5, 2007

 FOR VALUE RECEIVED, Husker Ag, LLC (“Borrower”), promises to pay to the order of Union
Bank and Trust Company (“Union Bank”) at its office at 4732 Calvert Street, Lincoln, NE 68506 or such other place as Union Bank shall direct in writing, the principal sum of Ten Million Dollars ($10,000,000.00) or, if less, the amount
outstanding under this Note for advances pursuant to the Credit Agreement dated as of January 5, 2007 by and between Borrower and Union Bank (as it may be amended from time to time in the future), the (“Credit Agreement”). This Note
is issued and delivered to Borrower pursuant to the Credit Agreement. 
 The unpaid balance of this Note, from time to time outstanding,
shall bear interest as set forth in the Credit Agreement. The initial interest rate on this Note shall be 8.32% per annum. Principal and interest shall be payable as provided in the Credit Agreement. The amount of each principal and interest
payment shall be determined as provided in the Credit Agreement. The terms of the Credit Agreement are incorporated as part of the terms of this Note. 
 This Note is secured by a Deed of Trust dated February 22, 2005 as amended by amendment dated January 5, 2007 and a security interest in personal property as referred to in the Credit Agreement. An
“Event of Default” and Union Bank’s remedies upon an Event of Default for this Note shall be as set forth in the Credit Agreement. In addition, Union Bank or the holder of this Note shall have the right to recover all costs of
collection, including attorneys’ fees as provided in the Credit Agreement. 
 Borrower and any endorser, guarantor, surety or assignor
hereby waives presentment for payment, demand, protest, notice of protest and notice of dishonor and nonpayment of this Note, and all defenses on the ground of delay, suretyship, impairment of collateral or of extension of time at or after maturity
for the payment of this Note. 
  

			
	HUSKER AG, LLC
		
	By:	 	/s/ Mike Kinney
		 	Mike Kinney, Chairman
	
		
	By:	 	/s/ Kent Friedrich
		 	Kent Friedrich, Vice Chairman
	
		
	By:	 	  
		 	Leonard Wostrel, Secretary
	
		
	By:	 	/s/ Robert Brummels
		 	Robert Brummels, Treasurer

 PROMISSORY NOTE 
  

			
	$10,000,000.00	  	January 5, 2007

 FOR VALUE RECEIVED, Husker Ag, LLC (“Borrower”), promises to pay to the order of Union
Bank and Trust Company (“Union Bank”) at its office at 4732 Calvert Street, Lincoln, NE 68506 or such other place as Union Bank shall direct in writing, the principal sum of Ten Million Dollars ($10,000,000.00) or, if less, the amount
outstanding under this Note for advances pursuant to the Credit Agreement dated as of January 5, 2007 by and between Borrower and Union Bank (as it may be amended from time to time in the future), the (“Credit Agreement”). This Note
is issued and delivered to Borrower pursuant to the Credit Agreement. 
 The unpaid balance of this Note, from time to time outstanding,
shall bear interest as set forth in the Credit Agreement. The initial interest rate on this Note shall be 8.32% per annum. Principal and interest shall be payable as provided in the Credit Agreement. The amount of each principal and interest
payment shall be determined as provided in the Credit Agreement. The terms of the Credit Agreement are incorporated as part of the terms of this Note. 
 This Note is secured by a Deed of Trust dated February 22, 2005 as amended by amendment dated January 5, 2007 and a security interest in personal property as referred to in the Credit Agreement. An
“Event of Default” and Union Bank’s remedies upon an Event of Default for this Note shall be as set forth in the Credit Agreement. In addition, Union Bank or the holder of this Note shall have the right to recover all costs of
collection, including attorneys’ fees as provided in the Credit Agreement. 
 Borrower and any endorser, guarantor, surety or assignor
hereby waives presentment for payment, demand, protest, notice of protest and notice of dishonor and nonpayment of this Note, and all defenses on the ground of delay, suretyship, impairment of collateral or of extension of time at or after maturity
for the payment of this Note. 
  

			
	HUSKER AG, LLC
		
	By:	 	  
		 	Mike Kinney, Chairman
	
		
	By:	 	  
		 	Kent Friedrich, Vice Chairman
	
		
	By:	 	/s/ Leonard Wostrel
		 	Leonard Wostrel, Secretary
	
		
	By:	 	  
		 	Robert Brummels, Treasurer$25,000,000 Promissory Note

 EXHIBIT 10.29 
 PROMISSORY NOTE 
  

			
	$25,000,000.00	  	January 5, 2007

 FOR VALUE RECEIVED, Husker Ag, LLC (“Borrower”), promises to pay to the order of Union
Bank and Trust Company (“Union Bank”) at its office at 4732 Calvert Street, Lincoln, NE 68506 or such other place as Union Bank shall direct in writing, the principal sum of Twenty-Five Million Dollars ($25,000,000.00) or, if less, the
amount outstanding under this Note for advances pursuant to the Credit Agreement dated as of January 5, 2007 by and between Borrower and Union Bank (as it may be amended from time to time in the future), the (“Credit Agreement”). This
Note is issued and delivered to Borrower pursuant to the Credit Agreement. 
 The unpaid balance of this Note, from time to time outstanding,
shall bear interest as set forth in the Credit Agreement. The initial interest rate on this Note shall be 8.32% per annum. Principal and interest shall be payable as provided in the Credit Agreement. The amount of each principal and interest
payment shall be determined as provided in the Credit Agreement. The terms of the Credit Agreement are incorporated as part of the terms of this Note. 
 This Note is secured by a Deed of Trust dated February 22, 2005 as amended by amendment dated January 5, 2007 and a security interest in personal property as referred to in the Credit Agreement. An
“Event of Default” and Union Bank’s remedies upon an Event of Default for this Note shall be as set forth in the Credit Agreement. In addition, Union Bank or the holder of this Note shall have the right to recover all costs of
collection, including attorneys’ fees as provided in the Credit Agreement. 
 Borrower and any endorser, guarantor, surety or assignor
hereby waives presentment for payment, demand, protest, notice of protest and notice of dishonor and nonpayment of this Note, and all defenses on the ground of delay, suretyship, impairment of collateral or of extension of time at or after maturity
for the payment of this Note. 
  

			
	HUSKER AG, LLC
		
	By:	 	/s/ Mike Kinney
		 	Mike Kinney, Chairman
	
		
	By:	 	/s/ Kent Friedrich
		 	Kent Friedrich, Vice Chairman
	
		
	By:	 	  
		 	Leonard Wostrel, Secretary
	
		
	By:	 	/s/ Robert Brummels
		 	Robert Brummels, Treasurer

 PROMISSORY NOTE 
  

			
	$25,000,000.00	  	January 5, 2007

 FOR VALUE RECEIVED, Husker Ag, LLC (“Borrower”), promises to pay to the order of Union
Bank and Trust Company (“Union Bank”) at its office at 4732 Calvert Street, Lincoln, NE 68506 or such other place as Union Bank shall direct in writing, the principal sum of Twenty-Five Million Dollars ($25,000,000.00) or, if less, the
amount outstanding under this Note for advances pursuant to the Credit Agreement dated as of January 5, 2007 by and between Borrower and Union Bank (as it may be amended from time to time in the future), the (“Credit Agreement”). This
Note is issued and delivered to Borrower pursuant to the Credit Agreement. 
 The unpaid balance of this Note, from time to time outstanding,
shall bear interest as set forth in the Credit Agreement. The initial interest rate on this Note shall be 8.32% per annum. Principal and interest shall be payable as provided in the Credit Agreement. The amount of each principal and interest
payment shall be determined as provided in the Credit Agreement. The terms of the Credit Agreement are incorporated as part of the terms of this Note. 
 This Note is secured by a Deed of Trust dated February 22, 2005 as amended by amendment dated January 5, 2007 and a security interest in personal property as referred to in the Credit Agreement. An
“Event of Default” and Union Bank’s remedies upon an Event of Default for this Note shall be as set forth in the Credit Agreement. In addition, Union Bank or the holder of this Note shall have the right to recover all costs of
collection, including attorneys’ fees as provided in the Credit Agreement. 
 Borrower and any endorser, guarantor, surety or assignor
hereby waives presentment for payment, demand, protest, notice of protest and notice of dishonor and nonpayment of this Note, and all defenses on the ground of delay, suretyship, impairment of collateral or of extension of time at or after maturity
for the payment of this Note. 
  

			
	HUSKER AG, LLC
		
	By:	 	  
		 	Mike Kinney, Chairman
	
		
	By:	 	  
		 	Kent Friedrich, Vice Chairman
	
		
	By:	 	/s/ Leonard Wostrel
		 	Leonard Wostrel, Secretary
	
		
	By:	 	  
		 	Robert Brummels, TreasurerRisk Management & Ethanol Marketing Contract

 EXHIBIT 10.30 
 RISK MANAGEMENT AND ETHANOL MARKETING CONTRACT 
 THIS AGREEMENT is entered into by and among FCStone, LLC
(“FCStone”), an Iowa limited liability company with its main office at 2829 Westown Parkway, West Des Moines, Iowa 50266, and Eco-Energy, Inc. (“Eco”) a Tennessee Corporation with its main office located at 730 Cool Springs Blvd.
Suite 130, Franklin, Tennessee 37067, and Husker AG, LLC. (HA) with its main office located at 54048 Hwy 20, Plainview, NE 68769. 
 RECITALS:

  

	A.	HA is a Limited Liability Company, which is operating an ethanol plant facility located at 54048 Hwy 20, Plainview, NE, (the “Plant”) and which desires to establish an
input origination and marketing risk management plan and an output-marketing contract. HA is developing a new 40 million gallon facility in Plainview, NE in addition to the current facility. 

  

	B.	FCStone, which is experienced in commodity transactions and related risk management, is willing to provide such assistance on the terms hereby stated. 

  

	C.	Eco is a reseller in ethanol and is experienced in the marketing and transportation of such product, and is willing to agree to purchase the ethanol output of the Plant.

 NOW, THEREFORE, IT IS AGREED AS FOLLOWS BETWEEN THE PARTIES: 
  

	1.	FCStone and Eco Services. FCStone shall, during the term hereof, provide services to HA in the implementation of a full service price risk management program for HA
(the “FCStone Program”). HA will have a full time risk manager of FCStone from an FCStone office to help in day-to-day grain marketing decisions. The FCStone services to be provided are set forth in Exhibit A attached hereto. Eco shall,
during the term hereof, purchase the entire output of ethanol specified herein and to provide certain transportation services to HA (the “Eco Program”). The Eco services to be provided are set forth in Sections 2, 3 and 4 and the exhibits
attached hereto which are referred to therein. 

  

	2.	Eco Ethanol Output Purchases. HA agrees to sell to Eco, and Eco agrees to purchase from HA the entire output of ethanol of the Plant during the term, in good faith and
at fair market rates. The terms of such transactions shall be fixed by agreement of HA and Eco established in good faith from time to time consistent with the provisions of Exhibit B attached hereto. The price on all ethanol shall be determined on
an FOB Plainview, NE basis. 

  

	 	(a)	Third-Party Sales. During each month, HA may sell up to five thousand (5,000) gallons of Ethanol to persons other than Eco in accordance with the following:

  

	 	1.	HA may sell Ethanol (up to 5,000 gallons per month) to local customers. HA agrees not to contact or interfere with, solicit, disrupt or attempt to disrupt relationships, contractual
or otherwise, between Eco and any of its’ customers, employees or vendors in connection with these permitted outside sales. 

  

	 	2.	Any ethanol provided to any HA-owned E-85 station would be a permitted sale outside of the terms of this Agreement. 

  

	 	3.	No later than the fifth day of each month, HA shall notify Eco of sales made in accordance with this Section 2 (a) during the previous month. 

  

	3.	Eco Denaturant Procurement. HA at HA’s option can purchase their entire denaturant demand from Eco during the term or purchase the denaturant on their own. The
terms of such transactions shall be fixed by agreement of HA and Eco established in good faith from time to time. 

  

	4.	Eco Transportation Services. Eco agrees to provide the transportation services set forth in Exhibit C. HA agrees to pay freight and assume railcar leases as provided
in Exhibit C. 

  

 1 

	5.	Fees. 

  

	 	(a)	HA shall pay a fee for services of Eco and FCStone and materials provided hereunder of $[***] per net gallon of ethanol produced during the Term. Such fees shall be payable monthly
on an estimated basis on the first business day of each month during the term hereof, in advance to Eco. Eco shall remit a share of such fee to FCStone as FCStone and Eco may agree. The actual fees payable based upon actual production and the above
quoted rate shall be computed every three (3) months and additional payment to Eco or credits to HA’s account shall be made, and the monthly fee adjusted, so as to accurately reflect the actual fees payable. 

  

	 	(b)	In addition to such fees, HA shall also pay to FCStone any transaction commissions, fees, services charges or mark-ups arising from options, futures or other risk management or cash
commodity transactions executed or brokered through FCStone, its affiliates, or others in accordance with their applicable schedules of rates, except that FCStone guarantees that the rate for exchange-traded futures and options contracts shall not
be more than $10.00 per round turn, plus all applicable exchange fees, during the initial term hereof. Any OTC (over-the-counter) transactions will be $8.00 per round turn, plus any applicable fees, during the initial term hereof.

  

	6.	HA Representative. HA shall designate one or more persons who shall be authorized and directed to receive services hereunder and to make all hedging and merchandising
and purchasing and sales decisions for HA. All directions, transactions and authorizations given by such representative to FCStone or to Eco shall be binding upon HA. FCStone and Eco shall each be entitled to rely on the authorization of such
persons until it receives written notification from HA that such authorization has been revoked. 

  

	7.	Transactions with FCStone and FCStone Affiliates. HA understands, approves, authorizes, and agrees that FCStone as an advisor may recommend that HA enter into
transactions where FCStone will act as a broker or futures commission merchant or where HA may enter into transactions with one or more companies which are under common ownership or control with FCStone, including, but not limited to, FCStone
Trading, L.L.C. with respect to physical energy products and over the counter swaps and options and FGDI, L.L.C. with respect to cash grain. FCStone may also participate on HA’s behalf in negotiations with one or more elevators, which are
members of FCStone’s parent company. All futures, swap or cash commodity transactions involving HA, FCStone and its affiliates shall be subject to, and shall be governed by, the applicable customer agreements, master agreements, confirmations,
and other documentation thereof. 

  

	8.	FCStone Limitations. 

  

	 	(a)	To the extent and if any brokerage services are provided by FCStone it will be to find suppliers or purchasers for HA. FCStone will not purchase or sell grain, nor will it be
directly involved in the purchase of the grain involving HA. FCStone may give merchandising, purchasing and hedging advice to HA, but all decisions on purchasing, merchandising and hedging strategy will be made by HA. All hedging positions will be
the responsibility of HA, in HA’s account with FCStone or other relevant party. All positions shall be for the purpose of hedging against price risks associated with the HA’s operations. 

  

	 	(b)	FCStone assumes no responsibility for the completion or performance of any contracts between HA and HA’s customers and suppliers, and HA agrees that it shall not bring any
action or make any claim against FCStone based on any act, omission or claim of any of HA’s customers or suppliers. 

  

	 	(c)	To the extent FCStone provides services relating to accounting systems, sole responsibility for the accuracy and completeness of HA’s books and financial statements shall
remain with HA. FCStone shall not be deemed to attest in any way to the accuracy of such books and financial statements. 

  

	 	(d)	FCStone assumes no responsibility for tax advice, tax planning, or tax returns or tax reporting. 

 [** *] — Material has been omitted pursuant to a request for confidential treatment and such material has been filed separately with the Securities and Exchange Commission 
  

 2 

	9.	Eco Limitations. 

  

	 	(a)	Eco assumes no responsibility for the completion or performance of any contracts between HA and HA’s customers and suppliers, and HA agrees that it shall not bring any action
or make any claim against Eco based on any act, omission or claim of any of HA’s customers or suppliers. 

  

	 	(b)	HA is responsible to cover all non-deliveries of any product that is contracted between ECO and HA in a timely manner in order to stay within the time parameters of the contract.
ECO will assist in procuring product from other suppliers to cover these non-deliveries. 

  

	 	(c)	If any party terminates this agreement for any reason, all parties will be responsible to complete any existing contracts. 

  

	10.	Separability and Non-liability. The services, contracts and relationship between HA and FCStone and between HA and Eco are independent and separable. FCStone shall
have no liability or responsibility to HA for the performance of Eco hereunder. Eco shall have no responsibility or liability for the performance of FCStone hereunder. Termination of this Agreement as between Eco and HA shall not impair the
continuing relationship between FCStone and HA, and termination as between FCStone and Eco shall not impair the continuing relationship between Eco and HA. Termination of this Agreement as between FCStone and HA shall not impair the continuing
relationship between ECO and HA. 

  

	11.	Confidentiality Agreement. The parties agree, to the extent permitted by law, to preserve and protect the confidentiality of the Agreement. Both parties recognize that
federal or state law may require the filing of the Agreement with, or the furnishing of information to, governmental authorities or regulatory agencies. Both parties further recognize the need, from time to time, for the submission of the Agreement
to affiliates, consultants, or contractors performing work on, or related to, the subject matter of the Agreement. Buyer and Seller agree to allow the submission of the Agreement to affiliates, consultants, or contractors if such affiliates,
consultants, or contractors agree to protect the confidentiality of the Agreement. In the event either party is of the opinion that applicable law requires it to file the Agreement with, or to disclose information related to the Agreement (other
than information required by laws and regulations in effect as of the date hereof to be furnished in periodic reports to governmental authorities) to, any judicial body, governmental authority or regulatory agency, that party shall so notify the
other party in writing prior to the disclosure or filing of the Agreement. 

  

	12.	Public Disclosure. Any public announcements concerning the transaction contemplated by this agreement shall be approved in advance by FCStone, ECO, and HA, except for
disclosures required by law, in which case the disclosing party shall provide a copy of the disclosure to the other party prior to its public release. As HA is subject to SEC filing requirements, SEC required filings will not be subject to advance
disclosure except as allowed by the SEC. 

  

	13.	Terms and Termination. 

  

	 	(a)	The term of this Agreement shall commence on the date of first production and shall continue for a term of 2 years. This contract will automatically renew for an additional term of
two (2) year unless HA gives notice of non-renewal in writing to FCStone and to Eco at least four (4) months prior to the end of this renewal term. At the renewal date FCStone, Eco and HA will discuss the fee rate and may at the agreement
of all parties change the fee structure. 

  

	 	(b)	This agreement may be terminated by HA as to either FCStone or Eco in the event of material breach of any of the material terms hereof by such other party, by written notice
specifying the breach, which notice shall be effective fifteen (15) days after it is given unless the receiving party cures the breach within such time. This agreement may terminate by either FCStone or Eco as to HA in the event of material
breach of any of the material terms hereof by HA, by written notice specifying the breach, which notice shall be effective fifteen (15) days after it is given unless the receiving party cures the breach within such time. This agreement may be
terminated immediately without notice at the election of any party in the event of bankruptcy, or any other receivership or insolvency proceeding is filed by or against another party. 

  

	 	(c)	This Agreement may also be terminated between HA and FCStone and/or HA and Eco by the mutual consent of the parties on such terms as the parties may agree with respect to the
obligations of such parties. All other terms and conditions of Agreement shall continue on. 

  

 3 

	 	 (d)
	 In addition to any other method of terminating this Agreement, either FCStone or Eco may unilaterally terminate this
Agreement at any time if such termination shall be required by any regulatory authority, and such termination shall be effective on the 30th day following the giving of notice of intent to terminate. 

  

	14.	Licenses. Bonds, and Insurance. Each party represents that it now has and will maintain in full force and effect during the term of this Agreement, at its sole cost,
all necessary state and federal licenses, bonds and insurance in accordance with applicable state or federal laws and regulations. 

  

	15.	Limitation of Liability. EACH PARTY UNDERSTANDS THAT NO OTHER PARTY MAKES ANY GUARANTEE, EXPRESS OR IMPLIED, TO ANY OTHER OF PROFIT, OR OF ANY PARTICULAR ECONOMIC
RESULTS FROM TRANSACTIONS HEREUNDER. IN NO EVENT SHALL ANY PARTY BE LIABLE FOR SPECIAL, COLLATERAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES FOR ANY ACT OR OMISSION COMING WITHIN THE SCOPE OF THIS AGREEMENT, OR FOR BREACH OF ANY OF THE PROVISIONS OF
THIS AGREEMENT, EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SUCH EXCLUDED DAMAGES INCLUDE, BUT ARE NOT LIMITED TO, LOSS OF GOOD WILL, LOSS OF PROFITS, LOSS OF USE AND INTERRUPTION OF BUSINESS. 

  

	16.	Disclaimer. HA understands and agrees that FCStone and Eco make no warranty respecting legal or regulatory requirements and risks. HA shall obtain such legal and
regulatory advice from third parties as it may deem necessary respecting the applicability of legal regulatory requirements applicable to HA’s business. 

  

	17.	Indemnity. The Parties agree that they shall absolve, release and refrain from seeking remedies against each other and their officers, agents, employees,
subcontractors and insurers for any and all losses, claims, damages, costs, suits and liabilities for damage, deterioration of quality, shrinkage in quantity, loss of grade or loss of Ethanol resulting from the inherent nature of transfer operations
and the inherent nature of Ethanol provided that this in no way shall relieve the parties for their own negligence, willful misconduct or theft. Each party to this contract shall indemnify, defend and hold the other harmless from claims, demands and
causes of action asserted against the other by any person (including without limitation employees of either party) for personal injury or death, or for loss of or damage to property resulting from the willful or negligent acts or omissions of the
indemnifying party. Where personal injury, death or loss of or damage to property is the result of the joint negligence or misconduct or the Parties hereto, the Parties expressly agree to indemnify each other in proportion to their respective share
of such joint negligence or misconduct. 

  

	18.	Nature of Relationship. FCStone and Eco are independent contractors providing services to HA. No employment relationship, partnership or joint venture is intended, nor
shall any such relationship be deemed created hereby. Each party shall be solely and exclusively responsible for its own expenses and costs of performance. 

  

	19.	Notices. Any notices permitted or required hereunder shall be in writing, signed by an officer duly authorized of the party giving such notice, and shall either be
hand delivered or mailed. If mailed, notice shall be sent by certified, first class, return receipt requested, mail to the address shown above, or any other address subsequently specified by notice from one party to the other.

  

	20.	General. 

  

	 	(a)	This agreement is the entire understanding of the parties concerning the subject matter hereof, and it may be modified only in writing signed by the parties. All commodities
futures, options, and swap transactions shall be subject to the customer or master agreements between HA and FCStone, its affiliates, or others. The parties may enter into other agreements in writing, including but not limited to service agreements,
customer agreements and master agreements with respect to commodity futures options and swaps. 

  

	 	(b)	Upon execution, this agreement supercedes any and all previous agreements. 

  

	 	(c)	If any provision or provisions of this agreement shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall
not in any way be affected or impaired thereby. 

  

	 	(d)	No party shall be liable for any failure to perform any or all of the provisions of this agreement if and to the extent that performance has been delayed or prevented by reason of
any cause beyond the reasonable control of such party. The expression “cause beyond the reasonable control” shall be deemed to include, but not be limited to: acts, regulations, laws, or restraints imposed by any governmental body; wars,
hostilities, sabotage, riots, or commotions; acts of God; or fires, frost, storms, or lightning. 

  

 4 

	 	(e)	This agreement is not intended to, and does not, create or give rise to any fiduciary duty on the part of any party to any other. 

  

	 	(f)	No action, regardless of its nature or form, arising from or in relation to this Agreement may be brought by either party more than two (2) years after the cause of action has
arisen, or, in the case of an action for nonpayment, more than two (2) years from the date the last payment was due. Venue for any action arising from or in relation to this agreement shall be in Pierce County, Nebraska.

  

	 	(g)	This agreement is governed by and shall be construed under the laws of the State of Nebraska. 

  

	 	(h)	This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. This Agreement shall not be assignable by either
party, without the express written consent of the other party, except that ECO may assign its rights and duties under this Agreement in connection with the sale, merger, exchange or acquisition of all or substantially all of the assets or stock of
ECO and ECO may assign its rights and duties under this Agreement to another company controlling, or controlled by, or under common control with ECO, all without having to obtain the express written consent of the other party.

 DATED AND EXECUTED AS OF THIS 16th DAY OF October, 2006. 
  

			
	 HUSKER AG, LLC.

		
	 BY:
	 	 /s/ Mike Kinney

	
	 FC STONE, L.L.C.

		
	 BY:
	 	 /s/ [Illegible]

	
	 ECO-ENERGY, INC.

		
	 BY:
	 	 /s/ [Illegible]

  

 5 

 EXHIBIT A 
 FCStone Services 
 FCStone will provide the following services based on sound risk management principles, using
FCStone’s Basis Trading experience together with the futures and options markets to reduce HA’s exposure to commodity price changes. 
  

	 	I.	General Scope. FCStone will provide advice, assistance and risk management with respect to HA’s grain origination, energy and transportation, procurement and output
sales. 

  

	 	II.	Consulting Services and Program: FCStone services to HA shall fall into two (2) categories. 

  

	 	A.	FCStone shall provide HA with price risk management evaluation, review and advice in relation to use of Corn and/or any other grain products as they relate to the day-to-day
operations of the plant. 

  

	 	B.	FCStone shall provide HA with price risk management evaluation, review and advice in relation to use of Natural Gas and/or any other energy products as they relate to the day-to-day
operation of the plant. 

 Such services to be summarized monthly/annually in a detailed report prepared by FCStone for the HA
staff/board, and accordingly to their satisfaction in terms of content and accountability. 
  

	 	III.	Internal Risk Management Procedures: 

  

	 	A.	Risk management guidelines and controls. Risk management recommendations regarding position limits, strategies, credit exposure and volumes will be presented for HA approval.

  

	 	B.	Assist in Establishing Corporate Risk Policy – Assess Risk Profile – Define Hedge Objective. 

  

 6 

 EXHIBIT B 
 ECO Services – Ethanol 
 Eco shall purchase the entire ethanol output of HA’s Plant on the following terms:

  

	 	1.	HA can terminate contract if Eco does not pay within net 5 business days of Invoice, Bill of Lading (BOL), Return Bill of Lading (RBOL) and Certificate of Analysis (COA).

  

	 	2.	Eco will pay net 3 business days upon receipt of Invoice, BOL, RBOL, and COA. 

  

	 	3.	HA is responsible for any and all local, state and federal tax liabilities. 

  

	 	4.	Eco will provide scheduling and marketing for ethanol produced. 

  

	 	5.	Eco will be responsible for receivables risk on ethanol. 

  

	 	6.	Eco reserves the right to refuse business to anyone due to credit or market risk. 

  

	 	7.	HA shall meet or exceed all specifications for E-grade denatured fuel ethanol as well as any changes in fuel ethanol industry standards that might occur after the execution of this
agreement. 

  

	 	8.	HA will keep Eco informed on production forecasts as well as daily plant inventory balances. 

  

	 	9.	On Rail car shipments title of ethanol will pass at the loading flange between the plant and the Rail car unless otherwise specified. On truck shipments title of the ethanol will
pass at the loading flange between the plant and the truck unless otherwise specified. Eco is purchasing the ethanol on a FOB HA plant basis. 

  

	 	10.	HA will provide a minimum of 10 days storage on the HA site. 

  

	 	11.	HA must have meters that measure both gross and net 60 degrees Fahrenheit temperature corrected gallons. 

  

	 	12.	Eco shall deduct all unavoidable costs such as government tariffs or assessment fees, sales taxes, import/export handling fees, assessments, inspection fees, or any other that has
been approved by HA. 

  

	 	13.	Eco will procure all Natural Gasoline (denaturant) for HA if HA so wishes otherwise HA could purchase the denaturant for the plant themselves. 

  

 7 

 EXHIBIT C 
 Eco Services – Transportation 
  

	 	1.	Eco and HA will mutually agree as to the number of railcars needed and their respective lease rates. The leases of such railcars shall be in the name of Eco.

  

	 	2.	All railcar lease charges will be passed through from Eco to HA upon receipt of invoice from the leasing company. 

  

	 	3.	Upon HA’s receipt of invoice from Eco the amount of the invoice will be subtracted from Eco’s next wire payment to HA for ethanol purchases unless otherwise communicated
by HA. 

  

	 	4.	If this agreement is cancelled for any reason, HA will be responsible to take over all rail leases. 

  

	 	5.	Eco will negotiate rail rates on behalf of HA. 

  

	 	6.	All rail contracts will be in the name of HA. 

  

	 	7.	HA will invoice Eco for rail freight along with a copy of the actual railroad invoice. 

 (This amount will be paid on a net 3 business days upon receipt of invoice.) 
  

	 	8.	Eco will purchase all (rail and truck) gallons on an FOB plant basis. 

  

	 	9.	Eco will supply all trucks. 

  

 8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}]]