Document:

exv10w30

 

Exhibit 10.30

US BIOENERGY CORPORATION

STOCK OPTION AGREEMENT

THIS AGREEMENT dated November 17, 2005 is between US BioEnergy Corporation (the “Company”) and
Capitaline Advisors, LLC. (the “Optionee”).

WHEREAS, this Agreement is made in connection with that certain Termination Agreement dated
November 17, 2005 by and between the Company and US Bio Resource Group, LLC (the “Termination
Agreement”) and is the stock option agreement referenced in the Termination Agreement;

WHEREAS, this Agreement incorporates the terms of the Company’s 2005 Stock Incentive Plan (the
“Plan”),

NOW, THEREFORE, in consideration of the foregoing, and the respective covenants and agreement of
the parties contained herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Company and the Optionee hereby agree as follows:

	1.	 	Grant. The Company grants to the Optionee, and the Optionee accepts from the Company,
the following Option to purchase shares (the “Shares”) of the Company’s Class A common stock
(“Stock”):

	 	 	 
	Date of Grant

	 	November 17, 2005
	 
	 	 
	Number of Shares subject to the Option

	 	3,250,000 
	 
	 	 
	Exercise Price per Share

	 	$1.00 
	 
	 	 
	Type of Option

	 	Non-qualified
	 
	 	 
	Expiration Date of Option

	 	November 17, 2015
	 
	 	 
	Vesting

	 	This Option shall be vested in
full, and exercisable in full, as
to all of the Shares as of the Date
of Grant.

	2.	 	Incorporation of Terms and Conditions: Supremacy of Plan. This Option consists of
this Option page and the separate Terms and Conditions of Nonqualified Options. This Option
and the Terms and Conditions are subject to the terms and conditions of the Plan and to all
interpretations, amendment, rules and regulations established in connection with the Plan. Any
capitalized terms in this Option or the attached Terms and Conditions shall have the
respective meanings assigned to them in the Plan. In the event of any inconsistency between
the Terms and Conditions and the Plan as so interpreted or amended, the Plan will control.

 

 

     IN WITNESS WHEREOF, this Stock Option Agreement has been executed and delivered as of the date
first set forth above.

	 	 	 	 	 
	 	US BIOENERGY CORPORATION

 	 
	 	By:	  /s/ Chad Hatch
 	 
	 
	 	Its 	  Vice President	 
	 	 	 	 
	 

	 	 	 	 	 
	Accepted and Agreed:

CAPITALINE ADVISORS, LLC

 	 	 
	By:	  /s/ Gordon Ommen
 	 	 
	 
	Its	  President/CEO	 	 
	 	 	 	 
	 

[Signature page to Stock Option Agreement]

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Additional Terms And Conditions

These Additional Terms and Conditions relate to that certain Non-Qualified Stock Option Agreement
Dated November 17, 2005 Between US BioEnergy Corporation and Capitaline Advisors, LLC (the
“Optionee”) which incorporates the terms of the US BioEnergy Corporation 2005 Stock Incentive Plan.

     1. Termination of Option. Unless the Committee determines otherwise, the period of
exercise this Option shall end on the earliest of the Expiration Date specified in this Option or
any of the following:

	 	1.1	 	For Cause or Resignation. If Gordon W. Ommen ceases to render services
to the Company as a director, officer, employee or consultant and such termination is
by the Company for Cause, this Option and all rights associated therewith will
thereupon terminate immediately; or
	 
	 	1.2	 	Change in Control. In the event of a Change in Control of the Company,
on such earlier date as determined by the Committee in accordance with the terms of the
Plan.

Neither the Plan nor this Option shall confer any right to continued service with the Company, nor
interfere with the right of the Optionee to resign or be removed as an director, officer, employee
or consultant of the Company.

     2. Method of Exercise of Option. Subject to the terms of the Plan, this Option may be
exercised in whole or in part by filing a written notice with the Secretary of the Company at its
headquarters prior to the Company’s close of business on the Expiration Date. Such notice shall
specify the number of Shares which the Optionee elects to purchase, and shall be accompanied by
payment of the Exercise Price for such Shares indicated by the election in cash, check or bank
draft. At its election, the Optionee may pay the Exercise Price by delivery of a promissory note or
by delivering Shares that have been held by the Optionee for at least six months, the Fair Market
Value of which is equal to the Exercise Price. This Option shall not be exercisable if, and to the
extent, the Company determines that such exercise would violate applicable state or federal
securities laws.

     3. Withholding. All transfers and issuances under this Option are subject to
withholding of all applicable taxes, if any. The Committee, in its discretion, and subject to such
requirements as the Committee may impose prior to the occurrence of tax withholding pursuant to
this Option, may permit the withholding obligations to be satisfied through cash payment by the
Optionee, through the surrender of Shares which the Optionee already owns, or through the surrender
of Shares to which the Optionee is otherwise entitled under the Plan; provided, however, that such
Shares may be used to satisfy not more than the Company’s minimum statutory withholding obligation
(based on minimum statutory withholding rates for federal and state tax purposes, including payroll
taxes, that are applicable to such supplemental taxable income).

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     4. Status and Rights as a Shareholder. Nothing in this Option shall confer on the
Optionee any right with respect to continuation of any relationship with the Company or any of its
subsidiaries, whether as a director, officer, employee or consultant or otherwise, or limit the
right of the Company to terminate any relationship with Optionee at any time, with or without
cause. Neither the Optionee nor the Optionee’s successors or assigns shall be or have any rights or
privileges of a shareholder of the Company in respect of the Shares issuable upon exercise of this
Option, unless the Company has caused the Optionee’s name to be entered as the shareholder of
record on the books of the Company, and if Shares are in certificate form, such certificates
representing the Shares have been issued and delivered.

     5. Transferability of Award. This Option is not transferable in any manner by the
Optionee. The terms of this Option shall be binding upon the successors and assigns of the
Optionee.

     6. Limitations on Shares. As a further condition to this Option and the issuance of
Shares to the Optionee upon exercise of the option, the Optionee agrees to the following:

	 	6.1	 	Investment Intent. Prior to the receipt of the certificates pursuant to
the exercise of this Option, the Optionee shall, if required in the Company’s
discretion, demonstrate an intent to hold the Shares acquired by exercise of this
Option for investment and not with a view to resale or distribution thereof to the
public, by delivering to the Company an investment certificate or letter in such form
as the Company may require.
	 
	 	6.2	 	Compliance with Securities Laws. Shares acquired upon exercise of this
Option may not be sold, transferred, pledged or otherwise disposed of unless the Shares
are eligible for resale pursuant to an effective registration under the Securities Act
of 1933, or unless the Company has received an opinion of counsel satisfactory to the
Company that said registration is not required.
	 
	 	6.3	 	Lock-Up. In the event the Company advises the Optionee that it plans an
underwritten public offering of its Common Stock in compliance with the Securities Act
of 1933, as amended, and the Company or the underwriter(s) seek to impose restrictions
under which certain shareholders may not sell or contract to sell or grant any option
to buy or otherwise dispose of part or all of their stock purchase rights of the
underlying Common Stock, the Optionee will not, for a period not to exceed 180 days
from the effective date of the Company’s registration statement, sell or contract to
sell or grant an option to buy or otherwise dispose of any shares of Stock acquired
pursuant to the exercise of any Award granted to Optionee pursuant to the Plan or any
of the underlying shares of Stock without the prior written consent of the
underwriters) or its representative(s).
	 
	 	6.4	 	Sales by Affiliates. The Optionee will comply with Rule 145 of the
Securities Act of 1933 and any other restrictions imposed under other applicable legal
or accounting principles if the Optionee is an “affiliate” (as defined in such
applicable legal and accounting principles) at the time of the transaction, and the
Optionee will execute any documents necessary to ensure compliance with such rules.

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The Company reserves the right to place a legend on any stock certificate issued upon the exercise
of an Award pursuant to the Plan to assure compliance with this Section 6.

     7. Right of Repurchase. In the event of the termination of the Optionee’s service to
the Company as a director, officer or employee for Cause, the Company may, upon written notice at
any time thereafter, repurchase any Shares acquired by the Optionee pursuant to the exercise of
this Option and the Optionee must sell any such Shares to the Company, with the per Share price
payable by the Company to the Optionee for such Shares being an amount equal to the lesser of Fair
Market Value or the Exercise Price for the Shares. Such payment shall be made in the form of cash
or promissory note payable in no more than five annual installments and bearing a reasonable rate
of interest.

     8. Proxy. Upon exercise of the Option, the Shares to be issued to the Optionee shall
automatically be subject to the form of proxy in favor of CHS Inc. attached hereto as Exhibit A and
in connection with the grant of this Option, the Optionee shall execute and deliver to CHS Inc.
such form of proxy in contemplation of this section. Following the exercise of this Option in
accordance with its terms, Optionee shall again execute and deliver such form of proxy, if
requested by the Company, and Optionee shall take such other further action and execute such other
documents as may reasonably be requested by the Company, to further the purposes of this section.

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Exhibit
A

IRREVOCABLE PROXY

     WHEREAS, the undersigned is executing this Irrevocable Proxy in connection with that certain
Subscription Agreement dated as of the date below (the “Subscription Agreement”) between US
BioEnergy Corporation (the “Company”) and CHS Inc. (“CHS”).

     The undersigned hereby irrevocably constitutes and appoints Jay Debertin or John Schmitz, or
either of them, with full power of substitution and revocation, the undersigned’s true and lawful
agent, attorney and proxy, for the undersigned and in the undersigned’s name, place and stead, to
vote, or otherwise give consent with respect to, all voting securities of the Company held by the
undersigned at any and all meetings, regular or special, of holders of voting securities of the
Company or any adjournment(s) or postponement(s) thereof, giving and granting to each of said
attorney all the powers the undersigned would possess if personally present at such meeting:

	 	(a)	 	for the election to the Board of Directors of the Company of such persons as CHS is
entitled to appoint pursuant to the terms of Section 8 of the Subscription Agreement (each,
an “Appointee”) until the undersigned shall receive a notice from the Company and CHS that
such appointment right has been terminated;
	 
	 	(b)	 	once elected, for the presence at all times on the Board of Directors of the Company of
each Appointee until the undersigned shall receive a notice from the Company and CHS that
such appointment right has been terminated.

     The undersigned agrees that the undersigned shall not transfer any voting securities held by
the undersigned unless such transferee agrees to be bound by the provisions of this proxy.

     By executing this proxy, the undersigned hereby revoke all proxies heretofore made by the
undersigned with respect to the subject matter contained herein. The undersigned acknowledge that
this proxy is coupled with an interest in the common stock of the Company and is irrevocable by the
undersigned until the undersigned shall receive a notice from the Company and CHS of termination of
this proxy.

Dated: November 17, 2005.

	 	 	 	 	 
	 	CAPITALINE ADVISORS, LLC

 	 
	 	By:  	 	 
	 	 	 	 
	 	Its:exv10w18

 

Exhibit 10.18

LLC Membership Interest

Purchase Agreement

     This LLC Membership Interest Purchase Agreement (“Agreement”) is made on October
6, 2006, between Bach Services & Manufacturing Company, L.L.C., a Michigan limited liability
company (“Buyer”), Aurora Oil & Gas Corporation, a Utah corporation, whose address is 4110
Copper Ridge Drive, Suite 100, Traverse City, MI 49684 (“Aurora”), and Richard Bach and
Robin Bach, whose address is 2962 U.S. 31 South, South Boardman, Michigan 49684
(“Sellers”).

Preliminary Statements

     A. Sellers own all of the LLC membership interests (hereafter referred to as “Shares”
for convenience) issued by Kingsley Development Company, L.L.C., a Michigan limited liability
company, whose address is 2962 U.S. 31 South, South Boardman, MI 49684 (“Kingsley”).

     B. Kingsley owns real estate located at 2777 Lynx Lane, Kingsley, Michigan 49659, that is
leased to Bach Enterprises, Inc., a Michigan corporation (“BEI”).

     C. Buyer desires to acquire Kingsley by acquiring all of its outstanding LLC membership
interests from Sellers.

Agreed Terms

     For mutual consideration, the sufficiency of which is hereby acknowledged, the parties agree
as follows:

     1. Purchase and Sale of LLC. Subject to the terms and conditions set forth in this Agreement,
at the Closing Date, as defined in Section 4, Sellers shall sell, transfer and deliver to Buyer,
and Buyer shall purchase and accept from Sellers, all of the outstanding LLC membership interests
issued by Kingsley (Shares).

     2. Liabilities.

          a. General Non-Assumption of Liabilities. Except for mortgage indebtedness owed by Kingsley
on the real estate held by Kingsley, Buyer shall not

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

 

 

assume, expressly or implicitly, pay, perform
or discharge any debts, liabilities or obligations of any nature of Kingsley. Except to the extent
provided in this Agreement, all the debts, liabilities and obligations of Kingsley arising prior to
Closing, whether fixed or contingent, accrued or unaccrued, known or unknown, shall continue to be
the responsibility of Sellers, which shall pay, perform and discharge them in accordance with their
terms, and nothing contained in this Agreement shall be construed in any fashion as imposing,
directly or indirectly, responsibility for any such debt, liability and obligation on Buyer.

          b. Transfer Free of Liens. Except for the recorded mortgages associated with the real estate
held by Kingsley, the Shares and Kingsley itself shall be transferred to Buyer free and clear of
any and all claims, liens, mortgages, security interests, encumbrances, charges or other
restrictions of title or ownership.

     3. Purchase Price and Method of Payments. The total purchase price for the Shares is
Sixty-Five Thousand and 00/100 Dollars ($65,000.00), which shall be payable in the form of wire
transfer at Closing.

     4. The Closing. The parties agree that the effective date of Closing, shall be as of the
close of business on Friday, October 6, 2006. The Closing of the purchase and sale provided for
in this Agreement shall be held at the offices of Aurora, or at such other place as may be fixed by
mutual agreement of Buyer and Sellers, concurrently with the execution of this Agreement by
Sellers. The date and event of Closing are respectively referred to in this Agreement as the
“Closing Date” and “Closing.” At the Closing, Seller shall deliver to Buyer
Assignments of all LLC interests in Kingsley Development LLC in the form attached as Exhibit
4, and Aurora shall deliver to Sellers the Price payable as set forth in Section 3.

     5. Representations and Warranties. In order to induce the parties to enter into this
Agreement, each of Aurora, Buyer and Sellers makes the following representations and warranties to
each other, each of which shall be deemed to be independently relied upon by the other party:

          a. Organization and Qualification. Each of Kingsley, Buyer and Aurora is validly existing and
in good standing under the laws of its place of incorporation or LLC organization and qualified to
do business in the State of Michigan. Each of Buyer and Aurora have the requisite corporate power
and authority to execute and deliver this Agreement and to consummate the transactions contemplated
hereby.

          b. No Violation. The execution and delivery of this Agreement and the consummation of the
transactions contemplated hereby will not violate any provision of law, order, or regulation of any
governmental authority, the corporate charter, by-laws, or articles of organization or
incorporation of either party or constitute a default

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

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under any judgment, order or decree of any
court of governmental agency or instrumentality, or conflict or constitute a breach or a default
under any material agreement to which either is a party or by which it is bound.

          c. Sellers’ Title. Sellers own good, valid and marketable title to the Shares issued by
Kingsley, free and clear of any and all mortgages, liens, encumbrances, charges, claims,
restrictions, pledges, security interests or impositions (except for the mortgages against the real
estate owned by Kingsley). None of the Shares are pledged, placed in escrow, encumbered, subject
to any lien or to any matured, unmatured or contingent claim. Except for rights of Buyer under
this Agreement and for certain rights waived by Kent Stiner, there are no options, agreements,
contracts, security interests or other rights in existence to purchase or acquire now or in the
future, any of the Shares, whether now or subsequently authorized or issued.

          d. Environmental Compliance. To the best of the Sellers’ knowledge as owners of Kingsely and
as owners of BEI (user of the Kingsley real estate), as of the Closing Date, (i) except as set
forth in Exhibit 5.d., the assets of Kingsley are not in material violation of any law
pertaining to the environment, and the Sellers have not been notified and are not aware of any
existing, pending, or threatened investigation or inquiry by any governmental authority pursuant to
any law pertaining to the environment, and are not subject to any remedial obligations under law
pertaining to the environment; (ii) the assets of Kingsley, are not subject to any private or
governmental lien, and Sellers have not received and are not aware of any judicial or
administrative notice or action, in each case relating to hazardous substances or environmental
liabilities or the violation of any laws pertaining to the environment; (iii) except as set forth
in Exhibit 5.d., underground storage tanks are not and have not been located on any
property owned and operated by Kingsley; (iv) except as set forth in Exhibit 5.d, no
hazardous substances are located on or have been generated, treated, stored, processed, or disposed
of on or released or discharged from (including discharges, whether direct, indirected, purposeful
dumps or accidental spills, into surface or subsurface waters and including any groundwater
contamination) the Kingsley assets contrary to law pertaining to the environment which would have,
individually or in the aggregate material adverse effect on the value, ownership or operation of
the Shares; (v) to the best of the Sellers’ knowledge, the current use of the Kingsley assets
complies with all applicable laws pertaining to the environment; and (vi) to the best of the
Sellers’ knowledge, Kingsley has obtained all permits or other authorizations required by any
governmental authority to use, occupy
or operate the Kingsley assets by reason of any applicable law pertaining to the environment.

          e. Kingsley Real Estate. To the best of Sellers’ knowledge, as owners of Kingsely and as
owners of BEI (user of the Kingsley real estate), as of the Closing Date: (i) the real estate
owned by Kingsley is in compliance with all

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

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governmental zoning requirements; (ii) all improvements
are in compliance with all applicable legal requirements, including those pertaining to building
and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and
are free from latent and patent defects; (iii) no part of any improvement encroaches on any other
real property, and there are no buildings, structures, fixtures or other improvements primarily
situated on adjoining property which encroach on any part of the Kingsley real estate; (iv) the
real estate owned by Kingsley has direct vehicular access to a public road or has access to a
public road via a permanent, irrevocable, appurtenant easement benefiting such land and comprising
a part of the real property, is supplied with public or quasi-public utilities and other services
appropriate for the operation of the facilities located thereon and is not located within any flood
plain or area subject to wetlands regulation or any similar restriction.

          f. Taxes. Kingsley has filed or caused to be filed on a timely basis all tax returns and all
reports with respect to taxes that are or were required to be filed under applicable tax laws.
Kingsley has paid or made provision for the payment of all taxes that have or may become due.

          g. No Material Adverse Change. Since July 10, 2006, there has not been any material adverse
change in the business, operations, prospects, assets of Kingsley, and no event has occurred or
circumstance exists that may result in such material adverse change.

          h. Legal Proceedings. There is no suit, action or other proceeding pending or threatened
against Sellers or Kingsley’s assets that would have a material adverse effect on the value of the
Shares. Neither Sellers nor Kingsley are a party or subject to any injunction, judgment, order,
notice of violation or decree, whether or not still subject to appeal, of any governmental
authority that would adversely affect the Shares or the Kingsley assets.

          i. Brokers of Finders. Neither Sellers nor any of their representatives have incurred any
obligation or liability, contingent or otherwise, for brokerage or finders’ fees or agents’
commissions or other similar payments in connection with the sale of the Shares or Kingsley’s
assets.

     6. Indemnifications. Subsequent to closing:

          a. Buyer’s Indemnity. Buyer and Aurora shall, and hereby do, defend, indemnify and save and
hold harmless Sellers from and against any and all claims, costs, judgments, expenses, requests for
compensation, contribution, remediation, liability of any type or nature whatsoever other than
consequential damages which may be incurred by Sellers from or after the Closing Date that are
attributable to or result from failure or breach of any representation or warranty made by

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

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Buyer or
Aurora in Section 5 hereof or in any document or instrument made and delivered by Buyer in
connection herewith.

          b. Seller’s Indemnity. Sellers shall and hereby do defend, indemnify and save and hold
harmless Buyer and Aurora from and against any and all claims, costs, judgments, expenses, requests
for compensation, contribution, remediation, liability of any type or nature whatsoever other than
consequential damages which may be incurred by Buyer or Aurora from or after the Closing Date that
are attributable to or result from failure or breach of any representation or warranty made by
Sellers in Section 5 hereof or in any document or instrument made and delivered by Sellers in
connection with Section 5.

          c. Neither party shall be entitled to indemnification from the other party under this Section
except, and to the extent that, the aggregate amount of the indemnified losses suffered by that
party exceeds Twenty Five Thousand Dollars ($25,000.00) (the “Indemnity Threshold”),
provided, however with respect to all cumulative claims, Sellers shall not be liable, by
reason of indemnification or otherwise, for aggregate losses or damages exceeding the Price set
forth in Section 3.

     7. Conditions To Close. The obligations of either party to close pursuant to this Agreement
are subject to the following conditions having been met, or waived in writing by the other party,
at or prior to the Closing Date:

          a. Representations and Warranties. The representations and warranties made in Section 5 shall
be true and correct in all material respects on and as of the Closing Date.

          b. Delivery of Instruments of Conveyance of the Shares. Sellers shall have delivered to Buyer
the documents set forth in Section 4, and such other documentation as reasonably appropriate to
transfer title to the Shares to Buyer.

          c. No Litigation. No investigation, suit, action or other proceedings shall be threatened or
pending before any court or governmental agency in which it is sought to restrain, prohibit or
obtain damages or other relief in connection with this Agreement or the consummation of the
transactions contemplated hereby.

          d. Approvals and Consents. All necessary approvals and consents with respect to the
transactions contemplated hereby, the absence of which would have a material and adverse effect on
either party’s rights under this Agreement.

     8. Further Assurances. Buyer and Sellers agree that, from time to time after Closing, and
upon reasonable request, they shall execute, acknowledge and deliver such other instruments as
reasonably may be required to more effectively

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

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transfer and vest in Buyer the Shares or property or
to otherwise carry out the terms and condition of this Agreement.

     9. Buyer Performance Guaranty. Anything to the contrary notwithstanding, effective as of the
Closing, Aurora guarantees Buyer’s performance of this Agreement.

     10. Disclaimer. Except as set forth in this Agreement: (i) Sellers make no representation or
warranty, express or implied (including those referred to in Section 2.312 of the Michigan Uniform
Commercial Code); (ii) Kingsley and the assets thereby held by it are hereby being transferred to
Buyer at the Closing are conveyed pursuant to this Agreement “AS IS WHERE IS” on the Closing Date,
and in their present condition, and Buyer shall rely upon its own examination thereof; and (iii)
Sellers make no warranty of merchantability, suitability or fitness for a particular purpose, or
quality, with respect to any of the tangible personal property being so transferred, or as to the
condition or workmanship thereof or the absence of any defects therein, whether latent or patent.

     11. Proper Notices. All notices and other communications required or permitted under this
Agreement shall be deemed to have been given upon actual receipt by registered or certified mail,
postage prepaid, or otherwise delivered by hand or messenger, fax or telegram, to the parties at
their addresses listed on page 1, or to such other changed address as such party may have given by
notice.

     12. Applicable Law. This Agreement and its validity, construction and performance shall be
governed in all respects by the laws of the State of Michigan.

     13. Integration. This Agreement and all schedules, exhibits and agreements attached set forth
the entire agreements and understanding between the parties as to the subject matter hereof, and
supersedes all prior discussions, representations, amendments or understandings of every kind and
nature between them, except this Agreement shall not affect the terms of the prior letter of intent
signed by the parties in anticipation of this transaction.

     14. Amendments. Any amendment, alteration, supplement, modification or waiver shall be
invalid unless it is set forth in writing, signed by the party intending to be bound thereby.

     15. Severability. If any provision of this Agreement becomes or is declared by a court of
competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full
force and effect without the provision(s).

     16. Assignability. This Agreement may be assigned by Buyer without the prior written consent
of Sellers; provided, Buyer shall continue to be liable for the performance of all obligations
pursuant to the Agreement.

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

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     17. Benefit. This Agreement shall be binding upon and inure to the benefit of Buyer and
Seller and their successors and permitted assigns.

     18. Captions. Captions contained in this Agreement are inserted for reference and in no way
define, limit, extend or describe the Agreement or the intent of any provision.

     19. Pronouns. All pronouns and any variation thereof shall be deemed to refer to the
masculine, feminine, neuter, singular or plural as the identity of the parties may require.

     20. Construction of Agreement. The parties agree that this Agreement has been jointly drafted
and that neither party may assert an ambiguity in the construction of this Agreement against
another party because the other party allegedly drafted the allegedly ambiguous provision.

     21. Enforcement of Agreement. Each party agrees to pay all of the other party’s costs and
expenses, including actual attorney’s fees, in enforcing the terms of this Agreement, including
collection of amount owed to a party.

     22. Counterparts & Facsimile. This Agreement may be executed in one or more counterparts, all
of which shall be considered one and the same agreement, and shall become effective when one or
more counterparts have been signed by each of the parties and delivered to the other parties by
facsimile. The parties agree that signatures on this Agreement, as well as any other documents to
be executed under this Agreement, may be delivered by facsimile in lieu of an original signature,
and the parties agree to treat facsimile signatures as original signatures and agree to be bound by
this provision.

     [Remainder of Page Intentionally Left Blank]

     [Signature Page to Follow]

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

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     The parties have caused this Agreement to be executed as of the date and year first above
written.

	 	 	 
	Buyer: Bach Services &

	 	  Seller: Robin Bach
	Manufacturing Company, L.L.C., a
	 	 
	 Michigan limited liability company
	 	 
	 
	 	 
	By (signature):  /s/ William W. Deneau       

	 	By (signature): /s/ Robin Bach       
	 
	 	 
	Print name: William W. Deneau                     
	 	 
	 
	 	 
	Title/: President of Aurora Oil & Gas
	 	 
	Corporation, Manager of Bach Services &
	 	 
	Manufacturing
Company, L.L.C._______
	 	 
	 
	 	 
	Aurora: Aurora Oil & Gas Corporation

	 	Seller: Richard Bach
	a Utah corporation
	 	 
	 
	 	 
	By (signature): /s/ William W. Deneau     

	 	By (Signature):  /s/ Richard Bach       
	 
	 	 
	Print name: William W. Deneau                     
	 	 
	 
	 	 
	Title/Position:
President_________________
	 	 

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

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Exhibit 4

Assignment of LLC Interest in Kingsley Development Company, L.L.C.

     See attached assignment forms for conveyance of Sellers’ interest in Kingsley Development
Company, L.L.C.

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach
	 

	 	 
	 	 

 

 

Exhibit 5.d.

Disclosures Re: Environmental Matters

None.

	 	 	 	 	 
	 

	 	 	 	William Deneau
	 

	 	 
	 	 
	 

	 	 	 	Richard Bach
	 

	 	 
	 	 
	 

	 	 	 	Robin Bach

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}]]