Document:

EX-10.2(c)

 Exhibit 10.2(c) 

Execution Version 

GUARANTY 
 THIS GUARANTY,
dated as of August 29, 2017 (as amended, restated, supplemented or modified from time to time, the “Guaranty”), is executed in favor of BANK OF THE WEST and ING CAPITAL, LLC, as Joint Administrative Agents (and in such
capacity, jointly and severally, the “Administrative Agents”) for the Secured Parties. 
 W I T
N E S S E T H: 
 WHEREAS, Green Plains Cattle Company LLC (the
“Borrower”), the commercial, banking or financial institutions whose signatures appear on the signature pages hereof or which hereafter become parties to the Credit Agreement (as defined below) (and such commercial, banking or
financial institutions are sometimes referred to hereinafter collectively as the “Lenders” and individually as a “Lender”), and the Administrative Agent entered into that certain Credit Agreement dated as of
December 3, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; capitalized terms used but not defined herein have the respective meanings ascribed thereto in the Credit
Agreement); 
 WHEREAS, the Lenders have agreed to make Loans and issue Letters of Credit upon the terms and subject to the conditions set
forth therein; 
 WHEREAS, pursuant to the Fourth Amendment to the Credit Agreement dated as of the date of this Guaranty, between the
Borrower, the Lenders and the Administrative Agents, the Lenders without limitation, granted their consent to the Borrower providing a guaranty in favor of BNP Paribas (“BNP”), as collateral agent for the holders of the
“Obligations” as defined in the Term Loan Agreement dated as of the date hereof (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Term Loan Agreement”; and those
Obligations under the Term Loan Agreement, the “Term Loan Obligations”); 
 WHEREAS, the Administrative Agents, as joint
administrative agents for the holders of the ABL-Cattle Obligations (as defined in the Intercreditor Agreement), are party to that certain Term Loan Intercreditor and Collateral Agency Agreement, dated as of
the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), among BNP, as collateral agent for the holders of the Term Loan Obligations (as defined therein, and BNP,
in that capacity, the “Term Loan Collateral Agent”), BNP, as collateral agent for the holders of the ABL Obligations (as defined therein) (in such capacity and together with its successors and assigns from time to time, the
“Collateral Agent”), BNP, as collateral agent for the holders of the ABL-Grain Obligations (as defined therein), and PNC Bank, National Association, as agent for the holders of the ABL-Trade Obligations (as defined therein), and acknowledged and agreed to by Green Plains Inc. (“GPI”) and the other New Grantors (as defined therein); 

WHEREAS, each of the undersigned will benefit from the making of Loans and issuance of the Letters of Credit pursuant to the Credit Agreement
and is willing to guarantee the respective Liabilities (as defined below) as hereinafter set forth; 

 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, each of the undersigned agrees as follows: 
 Each of the undersigned (sometimes referred to hereinafter collectively
as the “Guarantors” and individually as a “Guarantor”) hereby, jointly and severally, absolutely, unconditionally and irrevocably, as primary obligor and not merely as surety, guarantees the full and prompt payment
when due, whether by acceleration or otherwise, and at all times thereafter, of: (a) all Secured Obligations; (b) all other obligations of the Borrower, howsoever created, arising or evidenced, whether direct or indirect, absolute or
contingent, now or hereafter existing, or due or to become due, and whether for principal, interest, fees, reimbursement obligations, indemnities or otherwise (including, without limitation, interest accruing after, and advances made after, the
commencement of an insolvency proceeding with respect to the Borrower, whether or not a claim for post-filing or post-petition interest or advances is allowed in such case or proceeding), that arise under or in connection with the Credit Agreement
or any other Loan Document, as the same may be amended, modified, extended or renewed from time to time; and (c) all out-of-pocket costs and expenses (including
reasonable attorneys’ fees and charges) paid or incurred by the Administrative Agents or any other Secured Party in enforcing this Guaranty or any other applicable Loan Document against such undersigned (all of the foregoing obligations,
collectively, the “Liabilities” of such undersigned); provided that the liability of each of the undersigned hereunder shall be limited to the maximum amount of the applicable Liabilities that such undersigned may guarantee
without rendering this Guaranty void or voidable with respect to such undersigned under any fraudulent conveyance or fraudulent transfer law. Each of the undersigned under this Guaranty desire to allocate among themselves, in a fair and equitable
manner, their obligations arising under this Guaranty. Accordingly, in the event any payment or distribution is made on any date by any of the undersigned under this Guaranty or under any other guaranty related to the obligations under the Credit
Agreement, such Guarantor shall be entitled to a contribution from each of the other Guarantors in the maximum amount permitted by law so as to maximize the aggregate amount of the Liabilities paid to the Secured Parties. 

Each of the undersigned agrees that if any Event of Default occurs under Section 8.01(f) of the Credit Agreement at a time when the
Liabilities are not otherwise due and payable in full (whether due to a judicial stay of acceleration or otherwise), then such undersigned will pay to the Administrative Agents for the account of the Secured Parties forthwith the full amount that
would be payable hereunder by such undersigned if all Liabilities were then due and payable. 
 Each of the undersigned is (i) duly
formed or organized and is validly existing and in good standing under the laws of the jurisdiction in which it was formed and (ii) has full power and authority to execute this Guaranty. This Guaranty has been duly and validly executed by or on
behalf of each of the undersigned and constitutes the legal, valid and binding obligation of each of the undersigned and is enforceable against each of them in accordance with its terms, subject, as to enforceability, to the effect of applicable
bankruptcy, insolvency and other similar laws limiting the enforcement of creditors’ rights generally and to general principles of equity. The execution, delivery and performance of this Guaranty by each of the undersigned does not and will not
violate, or contravene (x) its Organization Documents, (y) any existing license, contract, indenture or other agreement binding upon any of them or (z) any existing law, statute, 

  
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regulation, order, decree or judgment applicable to any of them or their respective property. No authorization, approval, or other action by, and no notice to or filing with, any governmental
authority, regulatory body or any other Person is required for the execution, delivery, and performance of this Guaranty by any of the undersigned. 

To secure all obligations of each of the undersigned hereunder, the Collateral Agent and each other Secured Party shall, without limitation,
have a Lien on and security interest in all balances, credits, deposits, accounts or moneys of or in the name of such undersigned now or hereafter held with the Collateral Agent or such other Secured Party and any and all property of every kind or
description of or in the name of such undersigned now or hereafter, for any reason or purpose whatsoever, in the possession or control of, or in transit to, the Collateral Agent or such other Secured Party or any agent or bailee for the Collateral
Agent or such other Secured Party. Subject to the terms of the Intercreditor Agreement, each Secured Party may, at its option, offset balances held by such Secured Party for the account of any of the undersigned (at any of its offices and regardless
of whether such balances are then due to such undersigned), against any Liabilities of such undersigned owing to such Secured Party that are not paid when due (by acceleration or otherwise). 

This Guaranty shall in all respects be a continuing, irrevocable, absolute and unconditional guaranty of payment and performance and not
merely a guaranty of collectability, and shall remain in full force and effect (notwithstanding the dissolution of any of the undersigned, that at any time or from time to time no Liabilities are outstanding or any other circumstance) until all
Liabilities have been indefeasibly paid in full in cash. 
 Each of the undersigned further agrees that if at any time all or any part of
any payment theretofore applied by the Administrative Agents or any other Secured Party to any of the Liabilities is or must be rescinded or returned by the Administrative Agents or such other Secured Party for any reason whatsoever (including the
insolvency, bankruptcy or reorganization of the Borrower or any of the undersigned), such Liabilities shall, for purposes of this Guaranty, to the extent that such payment is or must be rescinded or returned, be deemed to have continued in
existence, notwithstanding such application by the Administrative Agents or such other Secured Party, and this Guaranty shall continue to be effective or be reinstated, as the case may be, as to such Liabilities, all as though such application by
the Administrative Agents or such other Secured Party had not been made. 
 Each Administrative Agent or any other Secured Party may, from
time to time, at its sole discretion and without notice to any of the undersigned in their capacity as Guarantors hereunder, take any or all of the following actions without affecting the obligations of any of the undersigned hereunder:
(a) retain or obtain a security interest in any property to secure any of the Liabilities or any obligation hereunder, (b) retain or obtain the primary or secondary obligation of any other obligor or obligors (in addition to each of the
undersigned) with respect to any of the Liabilities, (c) extend, modify, restate, amend or renew any of the Liabilities for one or more periods (whether or not longer than the original period), alter or exchange any of the Liabilities, or
release or compromise any obligation of any of the undersigned hereunder or any other Guarantor or any obligation of any nature of any other obligor with respect to any of the Liabilities, (d) release any security interest in, or surrender,
release or permit any substitution or 

  
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exchange for, any property securing any Liabilities or any obligation hereunder, or extend or renew for one or more periods (whether or not longer than the original period) or release,
compromise, alter or exchange any obligations of any nature of any obligor with respect to any such property, and (e) resort to any of the undersigned for payment of any of the Liabilities when due, whether or not the Administrative Agents or
such other Secured Party shall have resorted to any property securing any of the Liabilities or any obligation hereunder or shall have proceeded against any of the undersigned or any other obligor primarily or secondarily obligated with respect to
any of the Liabilities. 
 Any amount received by the Administrative Agents or any Secured Party from whatever source on account of the
Liabilities may be applied by it toward the payment of the Liabilities in accordance with the Loan Documents and, notwithstanding any payment made by or for the account of any of the undersigned pursuant to this Guaranty, each of the undersigned
shall not exercise any right of subrogation to any right of any Secured Party until such time as this Guaranty shall have been terminated as to all of the undersigned and the Secured Parties shall have received final payment in cash of the full
amount of all Liabilities. 
 In case any payment is made on account of the Liabilities by any of the undersigned or is received or
collected on account of the Liabilities from any of the undersigned or its property: (a) if such payment is made by an undersigned or from its property in respect of the Liabilities of another undersigned, such undersigned shall be entitled,
subject to and upon (but not before) such time as this Guaranty shall have been terminated as to all of the undersigned and the Secured Parties shall have received final payment in cash of the full amount of all Liabilities, (i) to demand and
enforce reimbursement for the full amount of such payment from such other undersigned, and (ii) to demand and enforce contribution in respect of such payment from each other undersigned which has not paid its fair share of such payment, as
necessary to ensure that (after giving effect to any enforcement of reimbursement rights provided hereby) each undersigned pays its fair share of the unreimbursed portion of such payment; and (b) if and whenever any right of reimbursement or
contribution becomes enforceable by any of the undersigned against any other undersigned whether under this paragraph or otherwise, such undersigned shall be entitled, subject to and upon (but not before) such time as this Guaranty shall have been
terminated as to all of the undersigned and the Secured Parties shall have received final payment in cash of the full amount of all Liabilities, to be subrogated (equally and ratably with each of the other undersigned entitled to reimbursement or
contribution from any other undersigned as set forth in this paragraph) to any security interest that may then be held by the Collateral Agent upon any Collateral securing or purporting to secure any of the Liabilities. For purposes of (a)(ii)
above, the fair share of each undersigned as to any unreimbursed payment shall be determined based on an equitable apportionment of such unreimbursed payment among all of the undersigned (other than the undersigned whose primary obligations were so
guaranteed by each of the other undersigned) based on the relative value of their assets and any other equitable considerations deemed appropriate by the court. Any right of subrogation of any of the undersigned shall be enforceable solely after
such time as this Guaranty shall have been terminated as to all of the undersigned and the Secured Parties shall have received final payment in cash of the full amount of all Liabilities and solely against each of the undersigned, and not against
the Secured Parties, and neither the Collateral Agent nor any other Secured Party shall have any duty whatsoever to warrant, ensure or protect any such right of subrogation or to 

  
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obtain, perfect, maintain, hold, enforce or retain any Collateral securing or purporting to secure any of the Liabilities for any purpose related to any such right of subrogation. All rights and
claims arising under this paragraph or based upon or relating to any other right of reimbursement, indemnification, contribution or subrogation that may at any time arise or exist in favor of any of the undersigned as to any payment on account of
either (x) the Liabilities or (y) any other obligation that is secured by any Collateral that also secures or purports to secure any of the Liabilities, in each case made by it or received or collected from its property shall be fully
subordinated to the Liabilities in all respects prior to such time as this Guaranty shall have been terminated as to all of the undersigned and the Secured Parties shall have received final payment in cash of the full amount of all Liabilities.
Until such time as this Guaranty shall have been terminated as to all of the undersigned and the Secured Parties shall have received final payment in cash of the full amount of all Liabilities, none of the undersigned may demand or receive any
collateral security, payment or distribution whatsoever (whether in cash, property or securities or otherwise) on account of any such right or claim. If any such payment or distribution is made or becomes available to any of the undersigned in any
bankruptcy case, receivership, or insolvency or liquidation proceeding, such payment or distribution shall be delivered by the person making such payment or distribution directly to the Collateral Agent, for application to the payment of the
Liabilities. If any such payment or distribution is received by any of the undersigned, it shall be held by such undersigned in trust, as trustee of an express trust for the benefit of the Secured Parties, and shall forthwith be transferred and
delivered by such undersigned to the Collateral Agent, in the exact form received and, if necessary, duly endorsed. 
 Each of the
undersigned hereby expressly waives: (a) notice of the acceptance by any Secured Party of this Guaranty, (b) notice of the existence or creation or non-payment of all or any of the Liabilities,
(c) presentment, demand, notice of dishonor, protest, and all other notices whatsoever, and (d) all diligence in collection or protection of or realization upon any Liabilities or any security for or guaranty of any Liabilities. 

The creation or existence from time to time of additional Liabilities to any Secured Party is hereby authorized, without notice to any of the
undersigned, and shall in no way affect or impair the rights of any Secured Party or the obligations of any of the undersigned under this Guaranty. 

Subject to the provisions of the Credit Agreement, any Secured Party may from time to time, without notice to any of the undersigned, assign
or transfer any of the Liabilities or any interest therein; and, notwithstanding any such assignment or transfer or any subsequent permitted assignment or permitted transfer thereof, such Liabilities shall be and remain Liabilities for purposes of
this Guaranty, and each and every immediate and successive permitted assignee or permitted transferee of any of the Liabilities or of any interest therein shall, to the extent of the interest of such assignee or transferee in the Liabilities, be
entitled to the benefits of this Guaranty to the same extent as if such assignee or transferee were an original Secured Party. 
 No delay
on the part of any Secured Party in the exercise of any right or remedy shall operate as a waiver thereof, and no single or partial exercise by any Secured Party of any right or remedy shall preclude other or further exercise thereof or the exercise
of any other right or remedy, nor shall any modification or waiver of any provision of this Guaranty be binding upon 

  
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any Secured Party except as expressly set forth in a writing duly signed and delivered on behalf of the Administrative Agents. No action of any Secured Party permitted hereunder shall in any way
affect or impair the rights of any Secured Party or the obligations of any of the undersigned under this Guaranty. For purposes of this Guaranty, Liabilities shall include all obligations of the Borrower to any Secured Party arising under or in
connection with any Loan Document, notwithstanding any right or power of the Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability of any obligation, and no such claim or defense shall affect or impair the
obligations of any of the undersigned hereunder. 
 Pursuant to the Credit Agreement, (a) this Guaranty has been delivered to the
Administrative Agents and (b) the Administrative Agents have been authorized to enforce this Guaranty on behalf of the Secured Parties. All payments by any of the undersigned pursuant to this Guaranty shall be made to the Administrative Agents
(and any amount received by the Administrative Agents for the account of a Secured Party shall, subject to the other provisions of this Guaranty, be deemed received by such Secured Party upon receipt by the Administrative Agents) at such office or
account of the Administrative Agents as the Administrative Agents may designate from time to time, in lawful money of the United States of America and in immediately available funds without setoff, recoupment, deduction, defense or counterclaim and
free and clear of, and, except as required by applicable law, without deduction or withholding for or on account of, any taxes, but excluding taxes imposed on or measured by the Administrative Agents’ net income by the jurisdiction of the
Administrative Agents’ organization, the United States of America, the State or City of New York or any taxing authority thereof. If, under applicable law, any such taxes are required to be deducted or withheld from any such payment, each of
the undersigned will pay additional interest or will make additional payments in such amounts as may be necessary so that the net amount received by the Administrative Agents, after withholding or deduction therefor and for any taxes and other taxes
on such additional interest or amounts, will be equal to the amount provided for herein. Each of the undersigned agrees to furnish promptly to the Administrative Agents official receipts evidencing payment of any taxes so withheld or deducted. Each
of the undersigned hereby agrees to indemnify the Administrative Agents for, and to hold the Administrative Agents harmless against, the full amount of taxes imposed on or paid by the Administrative Agents, and any liability (including penalties,
additions to tax, interest and expenses) arising therefrom or with respect thereto. The indemnity by each of the undersigned provided for in this paragraph shall apply and be made whether or not the taxes for which indemnification hereunder is
sought have been correctly or legally asserted. Amounts payable by each of the undersigned under the indemnity set forth in this paragraph shall be paid within ten (10) days from the date on which the Administrative Agents makes written demand
therefor. Determinations by the Administrative Agents pursuant to this paragraph shall be conclusive absent manifest error, and the provisions of this paragraph shall survive termination of this Guaranty. 

Each of the undersigned acknowledges and agrees that it has the sole responsibility for, and has adequate means of, obtaining from the
Borrower such information concerning the financial condition, business and operations of the Borrower as such undersigned requires, and that the Secured Parties have no duty, and such undersigned is not relying on the Secured Parties at any time, to
disclose to such undersigned any information relating to the business, operations or financial condition of the Borrower. 

  
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 Any other Person may become a Guarantor and become bound by the terms and conditions of this
Guaranty, in each case effective as of the date set forth in the applicable Joinder, by executing and delivering to the Administrative Agents a Joinder to Guaranty substantially in the form attached hereto as Exhibit “A” (a
“Joinder”). 
 This Guaranty shall be binding upon each of the undersigned and their respective successors and assigns, and
to the extent that any of the undersigned is a partnership, corporation, limited liability company or other entity, all references herein to any of the undersigned shall be deemed to include any successor or successors, whether immediate or remote,
to such undersigned. The term “undersigned” as used herein shall mean all parties executing this Guaranty and each of them, and all such parties shall, to the extent set forth herein, be jointly and severally obligated hereunder. 

THIS GUARANTY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK (WITHOUT REGARD TO CONFLICTS
OF LAW PROVISIONS THEREOF). Whenever possible each provision of this Guaranty shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Guaranty shall be prohibited by or invalid under
applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Guaranty. 

Consistent with the foregoing, and notwithstanding any other provision of this Guaranty to the contrary, in the event that any action or
proceeding is brought in whatever form and in whatever forum seeking to invalidate any Guarantor’s obligations under this Guaranty under any fraudulent conveyance theory, fraudulent transfer theory, or similar avoidance theory, whether under
state or federal law, such Guarantor (the “Affected Guarantor”), automatically and without any further action being required of such Affected Guarantor or any Lender, shall be liable under this Guaranty only for an amount equal to
the maximum amount of liability that could have been incurred under applicable law by such Affected Guarantor under any guaranty of the Liabilities (or any portion thereof) at the time of the execution and delivery of this Guaranty (or, if such date
is determined not to be the appropriate date for determining the enforceability of such Affected Guarantor’s obligations hereunder for fraudulent conveyance or transfer (or similar avoidance) purposes, on the date determined to be so
appropriate) without rendering such a hypothetical guaranty voidable under applicable law relating to fraudulent conveyance, fraudulent transfer, or any other grounds for avoidance (such highest amount determined hereunder being any such Affected
Guarantor’s “Maximum Guaranty Amount”), and not for any greater amount, as if the stated amount of this Guaranty as to such Affected Guarantor had instead been the Maximum Guaranty Amount. This paragraph is intended solely to
preserve the rights of the Lenders under this Guaranty to the maximum extent not subject to avoidance under applicable law, and neither any Affected Guarantor nor any other person or entity shall have any right or claim under this paragraph with
respect to the limitation described in this Guaranty, except to the extent necessary so that the obligations of any Affected Guarantor under this Guaranty shall not be rendered voidable under applicable law. Without limiting the generality of the
foregoing, the determination of a Maximum Guaranty Amount for any Affected Guarantor 

  
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pursuant to the provisions of the second preceding sentence of this paragraph shall not in any manner reduce or otherwise affect the obligations of any other Guarantor (including any other
Affected Guarantor) under the provisions of this Guaranty. 
 This Guaranty may be executed in any number of counterparts (including
via facsimile or in a .pdf or similar file) and by the different parties hereto on separate counterparts and each such counterpart shall be deemed to be an original, but all such counterparts shall together constitute one and the same Guaranty. 

Other than automatic modifications related to the addition of a party hereto pursuant to a Joinder, no amendment, modification or waiver of,
or consent with respect to, any provision of this Guaranty shall be effective unless the same shall be in writing and signed and delivered by the Administrative Agents, and then such amendment, modification, waiver or consent shall be effective only
in the specific instance and for the specific purpose for which it was given. 
 Unless otherwise agreed by the Secured Parties and each of
the undersigned in writing, this Guaranty is not intended to supersede or otherwise affect any other guaranty now or hereafter given by such undersigned for the benefit of the Secured Parties or any term or provision thereof. 

The obligations of each of the undersigned under this Guaranty are secured pursuant to the Collateral Documents (as amended, restated,
supplemented or otherwise modified from time to time) and may be secured by one or more other agreements (including one or more pledge agreements, mortgages, deeds of trust or other similar documents). 

ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS GUARANTY, SHALL BE BROUGHT AND MAINTAINED EXCLUSIVELY IN
THE COURTS OF THE STATE OF NEW YORK OR IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK; PROVIDED THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT THE ADMINISTRATIVE
AGENTS’ OPTION, IN THE COURTS OF ANY JURISDICTION WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. EACH OF THE UNDERSIGNED AND THE ADMINISTRATIVE AGENTS HEREBY EXPRESSLY AND IRREVOCABLY (A) SUBMITS TO THE JURISDICTION OF THE COURTS OF
THE STATE OF NEW YORK AND OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK FOR THE PURPOSE OF ANY SUCH LITIGATION AS SET FORTH ABOVE; (B) CONSENTS TO THE SERVICE OF PROCESS BY REGISTERED MAIL, POSTAGE PREPAID TO THE
ADDRESS SET FORTH BENEATH ITS NAME ON THE SIGNATURE PAGES HERETO (OR SUCH OTHER ADDRESS AS IT SHALL HAVE SPECIFIED IN WRITING TO THE OTHER PARTIES AS ITS ADDRESS FOR NOTICE HEREUNDER) OR BY PERSONAL SERVICE WITHIN OR WITHOUT THE STATE OF NEW YORK;
AND (C) WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY SUCH LITIGATION BROUGHT IN ANY SUCH COURT REFERRED TO ABOVE AND ANY CLAIM THAT ANY SUCH LITIGATION HAS BEEN
BROUGHT IN AN INCONVENIENT FORUM. 

  
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 EACH OF THE UNDERSIGNED, AND (BY ACCEPTING THE BENEFITS HEREOF) EACH SECURED PARTY, HEREBY
WAIVES ANY RIGHT TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING TO ENFORCE OR DEFEND ANY RIGHTS UNDER THIS GUARANTY OR ANY OTHER LOAN DOCUMENT AND ANY AMENDMENT, INSTRUMENT, DOCUMENT OR AGREEMENT DELIVERED OR WHICH MAY IN THE FUTURE BE DELIVERED IN
CONNECTION HEREWITH OR THEREWITH OR ARISING FROM ANY BANKING RELATIONSHIP EXISTING IN CONNECTION WITH ANY OF THE FOREGOING, AND AGREES THAT ANY SUCH ACTION OR PROCEEDING SHALL BE TRIED BEFORE A COURT AND NOT BEFORE A JURY. EACH OF THE UNDERSIGNED
ACKNOWLEDGES AND AGREES THAT IT HAS RECEIVED FULL AND SUFFICIENT CONSIDERATION FOR THE FOREGOING WAIVER AND THAT SUCH WAIVER IS A MATERIAL INDUCEMENT FOR THE SECURED PARTIES ENTERING INTO THIS GUARANTY AND THE OTHER LOAN DOCUMENTS. 

If it is a Qualified ECP Guarantor, then each of the undersigned, jointly and severally, together with each other Qualified ECP Guarantor,
hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Additional Secured Obligations owing by each Non-Qualifying Party (it being understood and agreed
that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by any Non-Qualifying Party to honor all
of such Non-Qualifying Party’s obligations under this Guaranty or any Loan Document in respect of Additional Secured Obligations (provided, however, that each Qualified ECP Loan Party shall only be liable
under this paragraph for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this paragraph, or otherwise under this Agreement or any Loan Document, voidable under applicable law, including
applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Loan Party under this paragraph shall remain in full force and effect until payment in full of the
Secured Obligations and termination of this Guaranty and the Loan Documents. Each Qualified ECP Loan Party intends that this paragraph constitute, and this paragraph shall be deemed to constitute, a guarantee of the obligations of, and a
“keepwell, support, or other agreement” for the benefit of each Borrower and other Guarantor for all purposes of Section 1a(18(A)(v)(II) of the Commodity Exchange Act. For purposes of this Guaranty, “Commodity Exchange
Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute; “Loan Party” means Borrower and each Guarantor ;
“Non-Qualifying Party” means any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to the obligations
under this paragraph); and “Qualified ECP Guarantor” means, at any time, each Guarantor with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity
Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 

  
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 Guarantors represent and warrant that (a) no Guarantor nor any Subsidiary, nor any director,
officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is (i) currently the subject or target of any Sanctions or (ii) located,
organized or resident in a Designated Jurisdiction; (b) each Guarantor and its Subsidiaries have conducted their business in compliance with applicable anti-corruption laws and have instituted and maintained policies and procedures designed to
promote and achieve compliance with such laws. 
 [Remainder of page intentionally left blank.] 

  
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 IN WITNESS WHEREOF, this Guaranty has been duly executed and delivered as of the day and year
first above written. 
 Notice Address for each Guarantor: 

1811 Aksarben Drive 
 Omaha, NE 68106 

	Attention:	Michelle Mapes – EVP General Counsel 
& Corporate Secretary 

	Facsimile:	(402) 952-4916 

	Email:	michelle.mapes@gpreinc.com 

  

			
	GREEN PLAINS INC.

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS I LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS II LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  

			
	FLEISCHMANN’S VINEGAR COMPANY, INC.

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS AGRICULTURAL AND ENERGY FUND LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  
 Signature page to
Guaranty 

 
			
	GREEN PLAINS ASSET MANAGEMENT LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS COMMODITY MANAGEMENT LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS GRAIN COMPANY TN LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS INDUSTRIAL CLEANING SERVICES

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS TRUCKING LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS HEREFORD LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  
 Signature page to
Guaranty 

 
			
	GREEN PLAINS HOPEWELL LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS MADISON LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS MOUNT VERNON LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS YORK LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS PROCESSING LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS ATKINSON LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  
 Signature page to
Guaranty 

 
			
	GREEN PLAINS BLUFFTON LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS CENTRAL CITY LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS COMMODITIES LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS CORN OIL LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS FAIRMONT LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS HOLDINGS II LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  
 Signature page to
Guaranty 

 
			
	GREEN PLAINS OBION LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS ORD LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS OTTER TAIL LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS SHENANDOAH LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS SUPERIOR LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	EVP - General Counsel & Corp. Secretary

  

			
	GREEN PLAINS WOOD RIVER LLC

 
			
		
	By:	 	/s/ Michelle Mapes
	Name:	 	Michelle Mapes
	Title:	 	 EVP - General Counsel & Corp. Secretary

  
 Signature page to
Guaranty 

 ACKNOWLEDGED AND AGREED: 

 

			
	 BANK OF THE WEST,
 as
Administrative Agent,

		
	By:	 	/s/ Darren Jung
		 	Name: Darren Jung
		 	Title: AVP

  

			
	 ING CAPITAL, LLC,
 as
Administrative Agent,

		
	By:	 	/s/ Bill Redmond
		 	Name: Bill Redmond
		 	Title: Managing Director

  

			
		
	By:	 	/s/ Renata Medeiros
		 	Name: Renata Medeiros
		 	Title: Vice President

  
 Signature page to
GuarantyEX-10.3(a)

 Exhibit 10.3(a) 

EIGHTH AMENDMENT TO 

CREDIT AGREEMENT 
 This
EIGHTH AMENDMENT TO CREDIT AGREEMENT (this “Eighth Amendment”) dated as of August 29, 2017 is among GREEN PLAINS GRAIN COMPANY LLC, a Delaware limited liability company (including in its capacity as successor by merger
to Green Plains Essex Inc., an Iowa corporation, the “Borrower”), the Lenders party to the Credit Agreement (as defined below) and BNP PARIBAS, as Administrative Agent. Capitalized terms used herein and not otherwise defined herein
shall have the meanings given to them in the Credit Agreement. 
 W I T N E S S E
T H: 
 WHEREAS, the Borrower, Green Plains Grain Company TN LLC, a Delaware limited liability company, the Lenders, Sole
Bookrunner, the Syndication Agent, the Administrative Agent, the Collateral Agent, the Swing Line Lender and the Issuing Lender are parties to a Credit Agreement dated as of October 28, 2011 (as amended, supplemented or otherwise modified from
time to time prior to the Effective Date (as defined in Section 2 below), the “Existing Credit Agreement” and, as amended by this Eighth Amendment and as further amended, supplemented or otherwise modified
from time to time, the “Credit Agreement”); and 
 WHEREAS, the Borrower has requested certain amendments to the Existing
Credit Agreement, and the parties hereto have agreed to amend the Existing Credit Agreement on the terms and conditions set forth herein. 

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto hereby agree as follows: 
 SECTION 1. Amendments. 

Upon the occurrence of the Effective Date (as defined in Section 2 below), the Existing Credit Agreement is hereby
amended as follows: 
 (a) Section 1.1 of the Existing Credit Agreement is amended by inserting the following
defined terms in appropriate alphabetical order: 
 “ABL Intercreditor Agreement”: means that certain ABL
Intercreditor Agreement, dated as of the date hereof, by and among, Administrative Agent, Borrower, and Term Loan Collateral Agent, in substantially the form attached hereto as Exhibit I, as the same may be from time to
time amended, restated, supplemented or otherwise modified in accordance with its terms and the terms of this Agreement. 

“Flood Plain Property”: any real property interest located in an area with a flood zone determination subject
to mandatory flood insurance acquisition requirements of any applicable Governmental Authority. 

“Mortgage”: any mortgage, deed of trust, deed to secure debt, or similar instrument creating or perfecting a
Lien securing the Obligations or any guarantee of the Obligations on any real property interest owned or leased by Borrower or any guarantor of the Obligations, including without limitation any Pari Passu Mortgage. 

 

 “Pari Passu Collateral”: the Term Loan Priority Collateral (as
defined in the Pari Passu Intercreditor Agreement). 
 “Pari Passu Collateral Agent”: the Pari Passu
Collateral Agent (as defined in the Pari Passu Intercreditor Agreement). 
 “Pari Passu Collateral
Documents”: means Pari Passu Collateral Documents (as defined in the Pari Passu Intercreditor Agreement). 

“Pari Passu Guaranty”: the ABL Guaranty (as defined in the ABL Intercreditor Agreement) whereby certain
Affiliates of the Borrower guarantee the Obligations. 
 “Pari Passu Intercreditor Agreement”: the Term
Loan Intercreditor and Collateral Agency Agreement, dated as of the date hereof, by and among the Term Loan Collateral Agent, the Administrative Agent, PNC Bank, National Association, Bank of the West, ING Capital LLC, and certain Affiliates of
Borrower, in substantially the form attached hereto as Exhibit H, as the same may be from time to time amended, restated, supplemented or otherwise modified in accordance with its terms and the terms of this Agreement. 

“Pari Passu Loan Documents”: means the Pari Passu Intercreditor Agreement, the Pari Passu Collateral
Documents, and any other agreement or instrument executed in connection therewith. 
 “Pari Passu
Mortgages”: any Mortgage that is a Pari Passu Collateral Document. 
 “Pari Passu Secured
Parties”: means the ABL Claimholders (as defined in the Pari Passu Intercreditor Agreement). 

“Subordinated Liens Securing Term Loans”: has the meaning given in Section 8.2(k).

 “Term Loan Collateral Agent”: the Term Loan Collateral Agent (as defined in the ABL Intercreditor
Agreement). 
 “Term Loan Documents”: the Term Loan Documents (as defined in the ABL Intercreditor
Agreement). 
 “Term Loan Guaranty”: the Term Loan Guaranty (as defined in the ABL Intercreditor Agreement)
whereby the Borrower and certain of its Subsidiaries guarantee the obligations of its Affiliates under the Term Loan Documents. 
 (b) The
definition of “Affiliate” in Section 1.1 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“Affiliate”: as to any Person, any other Person which, directly or indirectly, is in control of, is
controlled by, or is under common control with, such Person. For purposes of this definition, “control” of a Person (including, with its correlative meanings, “controlled by” and “under common control with”) means the
power, directly or indirectly, either to (a) vote more than (i) with respect to BioProcess Algae LLC, a Delaware limited liability company, 35% or (ii) with respect to any other Person, 10%, of the securities or other equity interests
having ordinary voting power for the election of directors (or managers) of such Person or (b) direct or cause the 

  
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direction of the management and policies of such Person, whether by contract or otherwise; provided, however, notwithstanding anything to the contrary, that this definition may not be amended,
restated, supplemented, or otherwise modified unless and until the Administrative Agent has determined in its sole discretion that such amendment, restatement, supplement, or other modification will not adversely affect the rights of the Secured
Parties under the ABL Intercreditor Agreement or the Pari Passu Intercreditor Agreement. 
 (c) Clause (xii) of
the definition of “Borrowing Base” in Section 1.1 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“(xii) 100% of the amount of all Indebtedness secured by Permitted Liens (other than Subordinated Liens Securing Term
Loans) to the extent encumbering assets otherwise included in the Borrowing Base; minus” 
 (d)
Clause (a) of the definition of “Change of Control” in Section 1.1 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“(a) Parent shall cease to own (directly or indirectly) and control, beneficially and of record, collectively, at least fifty-one percent (51%) of all outstanding Capital Securities of the Borrower, free and clear of all Liens (other than Liens in favor of the Collateral Agent or the Pari Passu Collateral Agent for the ratable
benefit of the Secured Parties or Term Loan Collateral Agent pursuant to the Term Loan Documents); or” 
 (e) The definition of
“Default” in Section 1.1 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“Default”: any of the events specified in Section 9.1, in each case, whether or not
any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied, including without limitation any Unmatured Event of Default (as such term is defined in the Term Loan Documents). 

(f) The definition of “Loan Documents” in Section 1.1 of the Existing Credit Agreement is amended
and restated in its entirety as follows: 
 “Loan Documents”: this Agreement, the Notes, the Security
Documents, the Fee Letters, the Responsible Officer List, each Repurchase Intercreditor Agreement, any Swap Intercreditor Agreement, any Subordination Agreement, the ABL Intercreditor Agreement, the Pari Passu Intercreditor Agreement, the Pari Passu
Loan Documents, and any other document or instrument executed by the Loan Parties in connection herewith or therewith. 
 (g) The definition
of “Obligations” in Section 1.1 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“Obligations”: (a) the unpaid principal amount of, and interest (including, without limitation, interest
accruing after the maturity of the Loans and Reimbursement Obligations and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether
or not a claim for post-filing or post-petition interest is allowed in such proceeding) on the Loans and Reimbursement Obligations, and all other obligations and liabilities of the Borrower to the Agents and the Secured Parties, and Swap Parties
with respect to Swap Contracts, whether direct or indirect, absolute or contingent, due or to become due, or now 

  
 - 3 - 

 
existing or hereafter incurred, whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses (including, without limitation, all fees and disbursements
of counsel to the Agents or to the Lenders that are required to be paid by the Borrower pursuant to the terms of the Loan Documents) or otherwise, in each case, which may arise under, or out of or in connection with this Agreement, the Notes, the
Security Documents, any other Loan Documents, any Credit, any Swap Contract, and any other document made, delivered or given in connection therewith or herewith, and (b) any Guaranty Obligations of any guarantor of any Obligations set forth in
Clause (a) of this definition (including without limitation the Pari Passu Guaranty) and any amounts other obligations and liabilities of any such guarantor in connection therewith to the Agents and the Secured Parties, and
Swap Parties with respect to Swap Contracts, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred. For the avoidance of doubt, Obligations includes all obligations of the Borrower under Swap
Contracts to any Person that was, at the time of entry into such Swap Contract, a Lender or an Affiliate of a Lender. 
 (h) The definition
of “Security Documents” in Section 1.1 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“Security Documents”: the collective reference to the Security Agreement, the Account Control Agreements,
each Warehouseman Agreement, the Collateral Access Agreement, and all other security documents (other than the Pari Passu Collateral Documents) hereafter delivered to the Collateral Agent granting a Lien on any asset or assets of the Borrower to
secure any of the Obligations. As of the Closing Date, the Security Documents includes the documents listed on Schedule 1.0D. 

(i) The definition of “Total Liabilities” in Section 1.1 of the Existing Credit Agreement is
amended and restated in its entirety as follows: 
 “Total Liabilities”: at any time with respect to any
Person, the amount which, in accordance with GAAP, would be set forth opposite the caption “total liabilities” on a balance sheet of such Person for such period. For the avoidance of doubt, “Total Liabilities” shall
include liabilities with respect to commodity repurchase agreements but, for purposes of calculations of the financial covenants contained in Section 8.17 of this Agreement, “Total Liabilities” will be deemed not
to include any of the Borrower’s Guaranty Obligations under the Term Loan Guaranty. 
 (j) Section 4.15 of
the Existing Credit Agreement is amended and restated in its entirety as follows: 
 “4.15 Indemnity. 

The Borrower agrees to indemnify each Lender (and solely with respect to subsection (a) below, each
prospective New Seasonal Line Lender) and to hold each Lender (and solely with respect to subsection (a) below, each prospective New Seasonal Line Lender) harmless from any actual loss or expense (including, without limitation, any loss or
expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Lender or prospective New Seasonal Line Lender) which such Lender (and solely with respect to subsection (a) below, each prospective New
Seasonal Line Lender) may sustain or incur resulting from (a) any failure by the Borrower in making a borrowing of, Conversion into or Continuation of LIBO Rate Loans after the Borrower has given a notice requesting the same in accordance with
the provisions of this Agreement, including, without limitation, LIBO Rate Loans that are 

  
 - 4 - 

 
Seasonal Line Loans that have been requested prior to the effectiveness of the applicable Seasonal Line Commitment Period, (b) any failure by the Borrower in making any prepayment after the
Borrower has given a notice thereof in accordance with the provisions of this Agreement, or (c) the making of a payment or prepayment of LIBO Rate Loans (whether optional or mandatory, whether from proceeds of Collateral, Pari Passu Collateral,
or otherwise) on a day which is not the last day of an Interest Period with respect thereto. A certificate as to any amounts payable pursuant to this Section 4.15 submitted to the Borrower by any Lender shall be
presumptively correct in the absence of manifest error. This covenant shall survive the termination of this Agreement and the payment of the Loans, Reimbursement Obligations and all other amounts payable hereunder.” 

(k) Section 5.5 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“5.5 No Legal Bar; No Burdensome Restrictions. 

(a) The execution, delivery and performance of the Loan Documents, the borrowings hereunder and the use of the proceeds
thereof (a) will not violate (i) any Requirement of Law in each case to the extent applicable or binding upon the Borrower or any Subsidiary, or (ii) any Contractual Obligation of the Borrower or any Subsidiary, and (b) will not
result in, or require, the creation or imposition of any Lien on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation (other than Liens created by the Security Documents in favor of
the Collateral Agent or Pari Passu Collateral Documents in favor of the Collateral Agent or Pari Passu Collateral Agent, as applicable, or resulting in Subordinated Liens Securing Term Loans). 

(b) Neither any Loan Party nor any of its subsidiaries is a party to or bound by any contract or law, compliance with which
could reasonably be expected to have a Material Adverse Effect or would impair the ability of (i) such Loan Party to perform its obligations hereunder or under any of the other Loan Documents or (ii) any Agent or any Secured Party to
enforce any Obligations or realize upon any of the Collateral or Pari Passu Collateral or the Pari Passu Collateral Agent to realize upon any of the Pari Passu Collateral (in each case subject to the terms and conditions of the ABL Intercreditor
Agreement).” 
 (l) Section 5.14 of the Existing Credit Agreement is amended and restated in its entirety as
follows: 
 “5.14 Security Documents. 

(a) (i) The provisions of each Security Document are effective to create in favor of the Collateral Agent, for the
ratable benefit of the Secured Parties, a legal, valid, and enforceable first priority Lien (subject to Permitted Liens) in all right, title and interest of the Borrower in the Collateral and (ii) the provisions of each Pari Passu Collateral
Document are effective to create in favor of the Collateral Agent or Pari Passu Collateral Agent, as applicable, for the ratable benefit of the Secured Parties, a legal, valid, and enforceable Lien (subject to Permitted Liens) in all right, title
and interest of the Borrower in the Pari Passu Collateral. 
 (b) (i) When proper financing statements have been filed
in the offices in the jurisdictions listed in Schedule 5.14, the Security Documents shall constitute a Perfected Lien on all right, title and interest in the Collateral which can be perfected by such filing in favor of the
Collateral Agent, for the ratable benefit of the Secured Parties, subject to the existence of 

  
 - 5 - 

 
Permitted Liens or otherwise under the Security Documents and, in the case of such Liens which are Permitted Liens, the priority of such Liens, (ii) when proper financing statements have
been filed in the appropriate Governmental Authority offices in each jurisdiction of formation for each guarantor of the Obligations pledging Pari Passu Collateral pursuant to a Pari Passu Collateral Document, the Pari Passu Collateral Documents
shall constitute a perfected second priority Lien on all right, title and interest in such Pari Passu Collateral which can be perfected by such filing, in favor of the Pari Passu Collateral Agent, for the ratable benefit of the Secured Parties,
subject to the existence of Permitted Liens or otherwise under the Pari Passu Collateral Documents and, in the case of such Liens which are Permitted Liens, the priority of such Liens, and (iii) when the Mortgages have been recorded or filed,
as applicable, in the county offices in each jurisdiction where Pari Passu Collateral that constitutes real property is located, the Pari Passu Mortgages shall constitute a second priority Lien in favor of the Pari Passu Collateral Agent, for the
benefit of the Secured Parties, on all right, title and interest in such Pari Passu Collateral that constitutes real property, which can be perfected by such recording or filing, as applicable, subject to the existence of Permitted Liens or
otherwise under the Pari Passu Collateral Documents and, in the case of such Liens which are Permitted Liens, the priority of such Liens. 

(c) Collateral included in the Borrowing Base at any time is subject to a Perfected Lien at such time, subject only to the
existence and priority of Liens which are Permitted Liens.” 
 (m) A new Section 5.27 is hereby added to the
Existing Credit Agreement to read in its entirety as follows: 
 “5.27 Term Loan Guaranty. Each of Green Plains
Inc. and the other Affiliates of the Borrower that are guarantors of the obligations evidenced by the Term Loan Documents (except for any ABL Priority Collateral Grantor (as defined in the Pari Passu Intercreditor Agreement)) are party to and
guarantors under the Pari Passu Guaranty. 
 (n) Section 7.6 of the Existing Credit Agreement is amended and
restated in its entirety as follows: 
 “7.6 Maintenance of Property; Insurance. 

Keep all property useful and necessary in its business in good working order and condition; maintain with financially sound
and reputable insurance companies insurance on all its property in at least such amounts and against at least such risks (but including in any event public liability and product liability) as are usually insured against in the United States (or
jurisdiction of organization of the relevant Subsidiary) by companies engaged in the same or a similar business, which insurance shall name the Administrative Agent as additional insured and lender loss payee, in the case of property or casualty
insurance, and as an additional insured, in the case of liability insurance, in each case, without liability for unpaid premiums; and (i) on the Closing Date and each year thereafter on or before thirty (30) days prior to the expiration
thereof, furnish to the Administrative Agent, an insurance certificate to such effect, and (ii) furnish to each Lender, upon written request, full information as to the insurance carried. In addition, the Borrower or any guarantor, as
applicable, will obtain and maintain at all times flood insurance on each Flood Plain Property owned by it subject to a Mortgage in such an amount as Administrative Agent shall reasonably require, and naming Borrower or such guarantor of the
Obligations, as applicable, as insured, but in no event less than the maximum amount of such insurance available under and otherwise sufficient to comply with, as applicable, the National Flood Insurance Act of 1968, the Flood Disaster Protection
Act of 1973 or the National Flood Insurance Reform Act of 1994, as each may be amended, and in each case otherwise in compliance with the requirements of the Loan Documents.” 

  
 - 6 - 

 (o) Sections 7.8(i) and (j) of the Existing Credit
Agreement are amended and restated in their entirety as follows and a new Section 7.8(k) is hereby added to the Existing Credit Agreement to read in its entirety as follows: 

“(i) any casualty or other insured damage to any material portion of the Collateral or Pari Passu Collateral or the
commencement of any action or proceeding for the taking of any material portion of the Collateral, the Pari Passu Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding; 

(j) any default, event of default, or other non-performance by a counterparty under
any Forward Contract of which the Borrower has notice or otherwise has knowledge which has occurred or Borrower has been informed is reasonably likely to occur, individually or in the aggregate with any other default, event of default, or other non-performance under any other such Forward Contract, would total $500,000 or more; and 

(k) copies of any notices provided to the Pari Passu Collateral Agent relating to or required under the Pari Passu Collateral
Agreements.” 
 (p) Section 7.17 of the Existing Credit Agreement is amended and restated in its entirety as
follows: 
 “7.17 Further Assurances. 

(a) Within three (3) Business Days, execute any further instruments and take further action as Administrative Agent may
request to perfect or continue the Collateral Agent’s security interest in the Collateral or the Pari Passu Collateral Agent’s security interest in Pari Passu Collateral or to effect the purposes of this Agreement and the other Loan
Documents. 
 (b) Prior to the effectiveness of any Mortgage, the Administrative Agent, the Lenders and their respective
attorneys, agents, and consultants each shall have1: 
 (i) Completed
any respective legal due diligence review with respect to such Mortgage, the scope of any such due diligence review with respect to any Lender to be determined by such Lender; and 

(ii) Received, in each case in form and substance satisfactory to the Administrative Agent and the Lenders: 

(1) executed legal opinions of the applicable Borrower’s or guarantor’s special counsel in the jurisdiction in which
such real property interest is located as the Administrative Agent, in its sole discretion, may require, such legal opinion to cover such matters incident to such real property interest and Liens thereon as the Administrative Agent and its counsel
may reasonably require; 
  

	1 	To be conformed to requirements in Pari Passu Collateral Documents 

  
 - 7 - 

 (2) the street address or other identifying descriptions for such real property
interest; 
 (3) evidence that all of the requirements of Section 7.6 of this Agreement have been
satisfied with respect to the applicable real property interest to be subject to such Mortgage, including without limitation; 

(4) life-of-loan flood zone determination
certificates from a third-party vendor; 
 (5) with respect to any Flood Plain Property, such information and certifications
from the applicable Borrower with respect to such Floodplain Property as the Administrative Agent or any Lender may request, including without limitation, appraisals or other evidence of insurable value, copies of flood insurance policies and
payments with respect thereto, flood insurance accord forms, and mortgagee and lender loss payee endorsements; 
 (6) at the
request of the Administrative Agent, an environmental indemnity agreement necessary to provide reasonable environmental indemnifications with respect to such real property interest, made by Borrower and any applicable guarantor in favor of the
Secured Parties, or amendments, restatements, supplements or other modifications to any such existing environmental indemnity agreement; 

(7) at the request of the Administrative Agent, fully-executed, complete copies of all necessary title affidavits required by
the applicable title company, to allow such title company to issue the title policy and endorsements reasonably required by Administrative Agent; 

(8) at the request of the Administrative Agent, copies of all tax certificates, reflecting payment of all ad valorem taxes
currently due and payable with respect to such real property interest; 
 (9) a Phase I environmental site assessment
together with any additional Phase II environmental site assessments, reports, remediation plans, or evidence of other actions, recommended by such Phase I environmental site assessment, in each case in form, substance, and scope acceptable to the
Administrative Agent, prepared by an environmental consultant or engineer reasonably acceptable to the Administrative Agent, if applicable, and addressed to, or subject to, reliance by the Secured Parties; 

(10) ALTA compliant surveys of such real property interests prepared by a surveyor reasonably acceptable to the Administrative
Agent and addressed to or subject to reliance by the Secured Parties; and 
 (11) such other documents and agreements as the
Administrative Agent, in its discretion, may reasonably request, including without limitation consents, waivers, zoning variances, access agreements, affidavits, estoppels, and subordination, nondisturbance, and attornment agreements.” 

  
 - 8 - 

 (q) Section 8.1(b) of the Existing Credit Agreement is amended and
restated in its entirety as follows: 
 “(b) Indebtedness under Swap Contracts entered into in the ordinary course of
business for hedging purposes and in accordance with the Risk Management Policies, and in no event for speculative purposes, provided, that prior to Borrower entering into any such Swap Contract, a Swap Intercreditor Agreement shall be in
effect and the Administrative Agent and the Lenders, in their respective sole discretion, will be satisfied that the ABL Intercreditor Agreement and the Pari Passu Intercreditor Agreement appropriately account for Obligations resulting from any such
Swap Contracts in any applicable payment priority provisions, including if necessary pursuant to an amendment thereto;” 
 (r)
Section 8.1(i) of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“(i) Indebtedness of the Borrower incurred under the Term Loan Guaranty or any guaranty of Indebtedness incurred pursuant
to a refinancing of Indebtedness of the Borrower’s Affiliates evidenced by the Term Loan Documents, in each case to the extent incurred in accordance with the ABL Intercreditor Agreement.” 

(s) Section 8.2(g) of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“(g) Liens created pursuant to the Security Documents and Pari Passu Collateral Documents;” 

(t) Section 8.2(k) of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“(k) Liens (i) granted pursuant to the Term Loan Documents (and any permitted refinancing thereof), to the extent in
accordance with the ABL Intercreditor Agreement and otherwise acceptable to Administrative Agent in its sole discretion (“Subordinated Liens Securing Term Loans”) and (ii) Liens with respect to easements, rights of way, zoning
restrictions and other encumbrances affecting real property subject to a Mortgage and that do not materially interfere with or impair the use or operation thereof;” 

(u) Section 8.3 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“8.3 Limitation on Guaranty Obligations. 

“Create, incur, assume or suffer to exist any Guaranty Obligation except Guaranty Obligations (a) in existence on
the date hereof and listed on Schedule 8.3 or any refinancings, renewals or extensions thereof which do not result in an increase thereof and (b) pursuant to the Term Loan Guaranties; provided, however, that Borrower
will not make any payment with respect to the Term Loan Guaranty unless (i) it has given the Administrative Agent at least 5 Business Days’ prior notice, (ii) no Default or Event of Default exists at the time of such payment and no
Default or Event of Default would result from the making of such payment, and (iii) such payment is strictly in accordance with the ABL Intercreditor Agreement.” 

  
 - 9 - 

 (v) Section 9.1(c) of the Existing Credit Agreement is amended and
restated in its entirety as follows: 
 “(c) The Borrower shall default in the observance or performance of any
covenant or agreement contained in Sections 7.1, 7.2(b), 7.2(c), 7.2(d), 7.3, 7.4, 7.5, 7.6, 7.7, 7.8, 7.10, 7.11 or 7.12 or
SECTION 8 (other than Section 8.17) of this Agreement, or any of the Security Documents or Pari Passu Collateral Documents; or” 

(w) Section 9.1(l) of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“(l) Borrower or any Subsidiary or Affiliate of Borrower shall be criminally indicted or convicted under any Law that
would reasonably be expected to lead to a forfeiture of any Collateral or Pari Passu Collateral;” 
 (x)
Section 9.1 of the Existing Credit Agreement is amended by (i) adding “or” immediately following “Material Adverse Effect” in Clause (n) and (ii) adding the following
Clauses (o), (p), and (q) immediately following Clause (n): 

“(o) (i) Any of the Pari Passu Loan Documents or any Lien thereunder shall terminate or cease, for any reason, to be
in full force and effect, or the Borrower or any of its Affiliates shall so assert, (ii) the Lien created by any of the Pari Passu Collateral Documents shall fail to constitute a second priority Lien in favor of Pari Passu Collateral Agent for
the ratable benefit of the Secured Parties on all right, title and interest in the Pari Passu Collateral, or (iii) any condemnation or similar proceeding shall be brought in respect of any material portion of the Pari Passu Collateral; or 

(p) The ABL Intercreditor Agreement or the Pari Passu Intercreditor Agreement shall terminate or cease to be in effect or if
any Person party thereto other than the Administrative Agent attempts to terminate, or otherwise challenges the validity of or its obligations under, the ABL Intercreditor Agreement or the Pari Passu Intercreditor Agreement, as applicable; or 

(q) Any specified “event of default” under any Term Loan Document, or any other event or circumstance which would
permit any holder of Indebtedness under the Term Loan Documents to accelerate such Indebtedness (and/or the obligations of Borrower or any of its Affiliates under the Term Loan Documents, including but not limited to any Term Loan Guaranty) prior to
the scheduled maturity or termination thereof, shall occur (regardless of whether the holder of such Indebtedness shall actually accelerate, terminate or otherwise exercise any rights or remedies with respect to such Indebtedness);” 

(y) Section 9.3 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“9.3 Application of Payments. 

Except as expressly provided in this Agreement, all amounts received or recovered under this Agreement or any other Loan
Document, the exercise of remedies by the Administrative Agent or the Collateral Agent under any of the Loan Documents, liquidation of collateral or otherwise, shall be applied for the benefit of the Secured Parties in the following manner (or as
otherwise provided in the Swap Intercreditor Agreement): 

  
 - 10 - 

 (i) First, to the payment, pro rata, of all Obligations consisting of out
of pocket costs, reasonable expenses, reasonable fees, indemnities and other amounts payable to the Administrative Agent and the Collateral Agent in their respective capacities as such or incurred in connection with the administration, enforcement,
preservation or exercise of any rights or remedies under this Agreement and the Loan Documents (including, without limitation, the reasonable fees and disbursements of their respective counsel and agents); 

(ii) Second, without duplication of amounts applied pursuant to clause First above, to the payment in full in cash, pro
rata, of interest and fees constituting Obligations owing to Lenders (other than in their capacities as Swap Parties), in each case ratably in accordance with the respective amounts thereof then due and owing; 

(iii) Third, to the payment in full in cash, pro rata, of the principal amount of the Obligations owing to the Lenders
(including, without limitation, principal of Loans, Reimbursement Obligations, and obligations to cash collateralize Credits) and any breakage, termination or other payments due to Swap Parties under Swap Contracts and any interest accrued thereon,
in each case ratably in accordance with the respective amounts thereof then due and owing; 
 (iv) Fourth, to the
payment in full in cash, pro rata, of all other Obligations; 
 (v) Fifth, to any party entitled thereto pursuant to
the ABL Intercreditor Agreement or the Pari Passu Intercreditor Agreement; and 
 (vi) Sixth, the balance to the
Borrower or whosoever shall be lawfully entitled thereto.” 
 (z) The last two sentences of Section 10.6 of
the Existing Credit Agreement are amended and restated in their entirety as follows: 
 “Without limiting the
generality of the foregoing, neither the Administrative Agent nor the Collateral Agent shall have any duty to monitor any Collateral, including without limitation any Collateral used to calculate the Borrowing Base or the reporting requirements or
the contents of reports delivered by the Borrower, or any Pari Passu Collateral. Each Lender assumes the responsibility of keeping itself informed at all times.” 

(aa) Section 10.10 of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“10.10 Collateral Matters. 

(a) The Collateral Agent is hereby appointed as collateral agent and authorized on behalf of all of the Secured Parties,
without the necessity of any notice to or further consent from the Secured Parties, from time to time to take any action with respect to any Collateral or Pari Passu Collateral or the Loan Documents which may be necessary to perfect and

  
 - 11 - 

 
maintain perfected the security interest in and Liens upon the Collateral or Pari Passu Collateral granted pursuant to the Loan Documents and such other acts or omission with respect to the ABL
Intercreditor Agreement, Pari Passu Intercreditor Agreement, Pari Passu Loan Documents, and the Liens created thereby as it deems appropriate in its sole discretion, including without limitation entering into the ABL Intercreditor Agreement, Pari
Passu Intercreditor Agreement, or any Pari Passu Loan Document (provided, however, that any consent of the Collateral Agent required for any amendment, restatement, supplement, or other modification of the ABL Intercreditor Agreement, Pari Passu
Intercreditor Agreement, or any Pari Passu Loan Document shall require the consent of the Required Lenders). In addition, each of the Pari Passu Collateral Agent and Term Loan Collateral Agent is hereby appointed as collateral agent and authorized
on behalf of all of the Secured Parties, without the necessity of any notice to or further consent from the Secured Parties, from time to time to take any action with respect to any Pari Passu Collateral or the Pari Passu Collateral Documents which
may be necessary to perfect and maintain perfected the security interest in and Liens upon the Pari Passu Collateral granted pursuant to the Pari Passu Collateral Documents or the Pari Passu Intercreditor Agreement, as applicable. The Collateral
Agent is hereby authorized to take any action with respect to the appointment of the Pari Passu Collateral Agent or the Term Loan Collateral Agent as collateral agent with respect to the Pari Passu Collateral as the Collateral Agent deems necessary
or desirable. 
 (b) The Secured Parties on behalf of themselves and their respective Affiliates irrevocably authorize the
Collateral Agent, at its option and in its discretion, to release any Lien granted to or held by the Collateral Agent upon any Collateral or Pari Passu Collateral (i) upon payment in full of all Loans and all other Obligations known to the
Collateral Agent, termination or Cash Collateralization of all Credits and termination of all Commitments; (ii) constituting property sold or to be sold or disposed of as part of or in connection with any disposition permitted hereunder or,
with respect to any Pari Passu Collateral, in accordance with the ABL Intercreditor Agreement or the Pari Passu Intercreditor Agreement and the Pari Passu Collateral Documents; or (iii) if approved, authorized or ratified in writing by all of
the Lenders or the Required Lenders in accordance with Section 11.1. The Secured Parties on behalf of themselves and their respective Affiliates irrevocably authorize each of the Pari Passu Collateral Agent and the Term
Loan Collateral Agent, at its respective option and in its respective discretion, to release any Lien granted to or held by the Pari Passu Collateral Agent or the Term Loan Collateral Agent, as applicable, upon any Pari Passu Collateral
(1) upon payment in full of all Loans and all other Obligations known to the Collateral Agent, termination or Cash Collateralization of all Credits and termination of all Commitments; (2) constituting property sold or to be sold or
disposed of as part of or in connection with any disposition permitted hereunder, with respect to any Pari Passu Collateral, in accordance with the ABL Intercreditor Agreement or the Pari Passu Intercreditor Agreement, as applicable, and the Pari
Passu Collateral Documents; or (3) if approved, authorized or ratified in writing by all of the Lenders or the Required Lenders in accordance with Section 11.1. Upon request by the Collateral Agent at any time, the
Lenders shall confirm in writing the Collateral Agent’s, Pari Passu Collateral Agent’s, or Term Loan Collateral Agent’s authority to release particular types or items of Collateral or Pari Passu Collateral pursuant to this
Section 10.10(b), provided, that the absence of any such confirmation for whatever reason shall not affect the Collateral Agent’s, Pari Passu Collateral Agent’s, or Term Loan Collateral Agent’s rights
under this Section 10.10. 
 (c) The Collateral Agent may execute any of its duties under this
Agreement and the other Loan Documents by or through agents or attorneys in fact, including without limitation the Pari Passu Collateral Agent or Term Loan Collateral Agent with respect to the Pari Passu Collateral, and shall be entitled to advice
of counsel concerning all matters pertaining to such duties. The Collateral Agent shall not be responsible for the negligence or misconduct of any agents or attorneys in fact selected by it with reasonable care, the Pari Passu Collateral Agent, or
the Term Loan Collateral Agent. 

  
 - 12 - 

 (d) The Collateral Agent and the Issuing Lenders shall be entitled to all
rights, indemnities, and limitations on liability under this SECTION 10 available to the Administrative Agent to the same extent as if each reference to the Administrative Agent in this SECTION 10
were a reference to the Collateral Agent and the Issuing Lenders.” 
 (bb) Section 10.12 of the Existing
Credit Agreement is amended by adding a new Clause (c) as follows: 
 “(c) Each Secured Party
hereby authorizes the Administrative Agent and the Collateral Agent, on its behalf, to enter into the ABL Intercreditor Agreement and the Pari Passu Intercreditor Agreement and any other agreements or instruments necessary or reasonably desirable in
connection therewith, and any amendments, restatements, supplements, or other modifications of any of the foregoing, and agrees to be bound by the terms of any of the foregoing, in each case as so amended, restated, supplemented or otherwise
modified.” 
 (cc) The introductory paragraph of Section 11.1(a) of the Existing Credit Agreement is amended
and restated in its entirety as follows: 
 “(a) Neither this Agreement nor any other Loan Document, nor any terms
hereof or thereof may be amended, supplemented, or modified except in accordance with the provisions of this Section 11.1. The Required Lenders may, or, with the written consent of the Required Lenders, the Administrative
Agent may, from time to time, (x) enter into with the Loan Parties written amendments, supplements or modifications hereto and to the other Loan Documents or (y) waive, on such terms and conditions as the Required Lenders or
the Administrative Agent, as the case may be, may specify in such instrument, any of the requirements of this Agreement or the other Loan Documents or any Default or Event of Default and its consequences; provided, however, that
(x) at the request of the Administrative Agent or the Required Lenders, any such waiver, amendment, supplement, or modification may be conditioned on receipt of an acknowledgement from the Term Loan Collateral Agent that the rights of the
Administrative Agent and Secured Parties will not be adversely affected thereby or, if necessary the consent of the Term Loan Collateral Agent, and (y) no such waiver and no such amendment, supplement or modification shall:” 

(dd) Section 11.1(a)(v) of the Existing Credit Agreement is amended and restated in its entirety as follows: 

“(v) amend, modify or waive any provision of this Section 11.1, or amend, modify or waive any
other provision of this Agreement specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or to make any determination or grant any consent hereunder, or change the percentage specified in the
definition of Required Lenders, or amend or modify Sections 3.6, 4.11, 11.7(a) or any other provision of any Loan Document which amendment or modification shall have the effect of modifying the pro rata treatment of payments to
or disbursements by the Lenders thereunder, or consent to the assignment or transfer by the Borrower of any of its rights and obligations under this Agreement and the other Loan Documents or release all or substantially all of the Collateral or
release the Borrower or any Subsidiary Guarantor (except such releases as are expressly permitted or required under this Agreement, the ABL Intercreditor Agreement, or the Pari Passu Intercreditor Agreement, other releases of Pari Passu Collateral,
or releases of any guarantor under the Pari Passu Guaranty) in each case without the written consent of all of the Lenders, or” 

  
 - 13 - 

 (ee) Section 11.5 of the Existing Credit Agreement is amended and
restated in its entirety as follows: 
 “11.5 Payment of Expenses and Taxes. 

The Borrower agrees (a) to pay or reimburse each of the Administrative Agent and the Collateral Agent for all its
reasonable out-of-pocket costs and expenses incurred in connection with the development, preparation and execution of, and any amendment, supplement or modification to,
this Agreement and the other Loan Documents and any other documents prepared in connection herewith or therewith, and the consummation and administration of the transactions contemplated hereby and thereby, including, without limitation, the
reasonable fees and disbursements of counsel to the Administrative Agent, (b) to pay or reimburse each Secured Party and each Agent for all its reasonable costs and expenses incurred in connection with the enforcement or preservation of any
rights under this Agreement, the other Loan Documents and any such other documents or any restructuring or “work-out” related hereto and thereto, including, without limitation, the fees and
disbursements of counsel (including the allocated fees and expenses of in-house counsel) to each Lender and of counsel to the Administrative Agent following the occurrence and during the continuance of a
Default or an Event of Default, (c) to pay, indemnify, and hold each Secured Party and each Agent harmless from, any and all recording and filing fees and any and all liabilities with respect to, or resulting from any delay in paying, stamp,
excise and other taxes, if any, which may be payable or determined to be payable in connection with the execution and delivery of, or consummation or administration of any of the transactions contemplated by, or any amendment, supplement or
modification of, or any waiver or consent (including the determination of whether or not any such waiver or consent is required) under or in respect of, this Agreement, the other Loan Documents and any such other documents, and (d) to pay,
indemnify, and hold each Secured Party and each Agent, and each of their respective officers, employees, directors, trustees, agents, advisors, affiliates and controlling persons (each, an “Indemnitee”), harmless from and against
any and all other liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever, including, without limitation, any indemnification obligations of any Indemnitee
pursuant to the Pari Passu Intercreditor Agreement or the Term Loan Intercreditor Agreement and the fees and disbursements of counsel (including the allocated fees and expenses of in-house counsel) and other
professional and settlement costs of each Lender, each Issuing Lender and each Agent, with respect to the execution, delivery, enforcement, performance and administration of this Agreement, the other Loan Documents, and any such other documents, the
issuance or providing of each Credit, the making of each Loan and the use by the Borrower of proceeds of each Loan and Credit, including, without limitation, any of the foregoing relating to the violation of, noncompliance with or liability under,
any Law applicable to the operations of the Borrower, any of its Subsidiaries or Affiliates, or any of the properties of such Persons or, regardless of any act or omission of any Agent or Secured Party (including without limitation procurement of
any environmental site assessment) directly or indirectly arising from or attributable to the use, generation, manufacture, production, storage, release, threatened release, discharge, disposal, or presence of any hazardous materials or other
materials of environmental concern on, under, about or from any real property subject to a Mortgage, whether existing or not existing and whether known or unknown at the time of the execution hereof and regardless of whether or not caused by, or
within the control of Borrower or any of their Affiliates, including without limitation (i) damages for personal injury, or injury to any such property, neighboring properties, or natural resources occurring upon or off any such property,
foreseeable or unforeseeable, including, without limitation, the cost of demolition and rebuilding of any improvements on such real property, interest and penalties; (ii) the costs of any required or necessary environmental investigation or
monitoring, any repair, cleanup, or 

  
 - 14 - 

 
detoxification of any real property subject to a Mortgage, and the preparation and implementation of any closure, remedial, or other required plans including fees incurred for attorneys,
consultants, contractors, experts and laboratories; and (iii) liability to any third person or any governmental authority to indemnify such person or governmental authority for cost expended in connection with the items referenced in
Clause (ii) immediately above (all the foregoing in this clause (d), collectively, the “Indemnified Liabilities”); provided, that the Borrower shall have no obligation
hereunder to any Indemnitee with respect to Indemnified Liabilities to the extent such Indemnified Liabilities are found by a final, nonappealable judgment of a court of competent jurisdiction to have resulted from the gross negligence or willful
misconduct of such Indemnitee. The agreements in this Section 11.5 shall survive repayment of the Loans, Reimbursement Obligations and all other amounts payable hereunder.” 

(ff) Exhibit A to the Existing Credit Agreement is amended and restated as set forth on
Exhibit A attached hereto. 
 (gg) A new Exhibit H is added to the Existing Credit
Agreement to read in its entirety as set forth on Exhibit H attached hereto. 
 (hh) A new
Exhibit I is added to the Existing Credit Agreement to read in its entirety as set forth on Exhibit I attached hereto. 

SECTION 2. Effectiveness of Amendment. 

This Eighth Amendment shall become effective on the date (the “Effective Date”) on which: 

(a) each of the Borrower, the Administrative Agent, the Swing Line Lender, the Issuing Lender, and the Lenders have duly executed and delivered
to the Administrative Agent, with a counterpart for each Lender, this Eighth Amendment; 
 (b) each of the parties to the ABL Intercreditor
Agreement have duly executed and delivered the ABL Intercreditor Agreement and the Administrative Agent shall have received final executed copies thereof, effective as of the Effective Date; 

(c) each of the parties to the Term Loan Intercreditor Agreement have duly executed and delivered the Term Loan Intercreditor Agreement and the
Administrative Agent shall have received final executed copies thereof, effective as of the Effective Date; 
 (d) the Administrative Agent
has received the Term Loan Guaranty, executed and delivered by the parties thereto, effective as of the Effective Date; 
 (e) the
Administrative Agent has received a secretary’s certificate dated the date hereof for each guarantor under the Pari Passu Guaranty, in form and substance acceptable to the Administrative Agent, with appropriate insertions and attachments
(including, without limitation, incumbency information, signature specimens and Governing Documents for each such guarantor), satisfactory in form and substance to the Administrative Agent, executed by the Secretary of the Borrower; 

(f) the Administrative Agent has received certificates dated as of a recent date from the Secretary of State or other appropriate authority,
evidencing the good standing of each guarantor under the Pari Passu Guaranty in the jurisdiction of its organization; 

  
 - 15 - 

 (g) the Administrative Agent shall have received the executed legal opinions of Husch Blackwell
LLP, counsel to the Borrower, in form and substance acceptable to the Administrative Agent, with respect to the Pari Passu Guaranty; 
 (h)
the Borrower shall have paid all of the Lead Arranger’s, the Administrative Agent’s and the Secured Parties’ fees and the Lead Arranger’s and the Administrative Agent’s legal fees invoiced in reasonable detail and all
reasonable out-of-pocket costs incurred in connection with this Eighth Amendment and all due diligence in respect hereof; and 

(i) the Borrower shall have delivered to the Administrative Agent such opinions of counsel, authorization and organizational documents,
certificates of good standing, and all other documents, reports and information, in each case as the Administrative Agent or the Lenders shall request. 

SECTION 3. Effect of Amendment; Ratification; Representations; Post-Closing; etc. 

(a) On and after the Effective Date, this Eighth Amendment shall be a part of the Credit Agreement, all references to the Credit Agreement in
the Credit Agreement and the other Loan Documents and Pari Passu Loan Documents shall be deemed to refer to the Existing Credit Agreement as amended by this Eighth Amendment, and the term “this Agreement”, and the words “hereof”,
“herein”, “hereunder” and words of similar import, as used in the Existing Credit Agreement, shall mean the Credit Agreement as amended hereby. This Eighth Amendment shall constitute a Loan Document. 

(b) Except as expressly set forth herein, this Eighth Amendment shall not constitute an amendment, waiver or consent with respect to any
provision of the Credit Agreement and the Credit Agreement and each of the other Loan Documents and the Pari Passu Loan Documents is hereby ratified, reaffirmed, approved and confirmed in all respects. 

(c) In order to induce the Administrative Agent and the Lenders to enter into this Eighth Amendment, Borrower represents and warrants to the
Administrative Agent and the Lenders that before and after giving effect to the execution and delivery of this Eighth Amendment: 

(i) the representations and warranties of Borrower set forth in the Credit Agreement and in the other Loan Documents and the
Pari Passu Loan Documents are true and correct in all material respects as if made on and as of the date hereof, except for those representations and warranties that by their terms were made as of a specified date which were true and correct on and
as of such date; and 
 (ii) no Default or Event of Default has occurred and is continuing. 

(d) Notwithstanding anything to the contrary contained in the Credit Agreement or in any other Loan Document or the Pari Passu Loan Documents,
any Collateral or Pari Passu Collateral or Loan Document or Pari Passu Loan Document which is or may be released (or terminated) upon termination of all Commitments (among other things) shall not be released until the Seasonal Line Commitments are
also terminated and all Seasonal Line Loans shall have been repaid in full. 
 SECTION 4. Counterparts. 

This Eighth Amendment may be executed by one or more of the parties to this Eighth Amendment on any number of separate counterparts (including
by facsimile or email transmission of signature pages hereto), and all of said counterparts taken together shall be deemed to constitute one and the same agreement. A set of the copies of this Eighth Amendment signed by all the parties shall be
lodged with the Borrower and the Administrative Agent. 

  
 - 16 - 

 SECTION 5. Severability. 

Any provision of this Eighth Amendment which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other
jurisdiction. 
 SECTION 6. GOVERNING LAW. 

THIS EIGHTH AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 7. WAIVERS OF JURY TRIAL. 

EACH OF THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION
OR PROCEEDING RELATING TO THIS EIGHTH AMENDMENT AND FOR ANY COUNTERCLAIM THEREIN. 
 [Remainder of Page Intentionally Left Blank;
Signature Pages Follow] 
  

  
 - 17 - 

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

			
	GREEN PLAINS GRAIN COMPANY LLC, as the Borrower
		
	 By:
	 	Green Plains Inc., its sole member
		
	 By:
	 	/s/ Michelle Mapes
		 	 Name: Michelle Mapes

		 	 Title:
EVP - General Counsel & Corp. Secretary

  
 [Eighth Amendment to GPG
Credit Agreement Signature Page] 

 
			
	BNP PARIBAS, as Administrative Agent, Swing Line Lender, Issuing Lender and a Lender
		
	By:	 	/s/ Bradley Dingwall
		 	 Name: Bradley Dingwall

		 	 Title: Director

		
	 By:
	 	/s/ Deborah P. Whittle
		 	 Name: Deborah P. Whittle

		 	 Title: Director

  
 [Eighth Amendment to GPG
Credit Agreement Signature Page] 

 
			
	BANK OF THE WEST, as a Lender
		
	By:	 	/s/ Charles Greenway
		 	 Name: Charles Greenway

		 	 Title: Vice President

  
 [Eighth Amendment to GPG
Credit Agreement Signature Page] 

 
			
	RABO AGRIFINANCE, INC., as a Lender
		
	By:	 	/s/ Deborah Asberry-Chua
		 	 Deborah Asberry-Chua, Vice President

  
 [Eighth Amendment to GPG
Credit Agreement Signature Page] 

 
			
	MACQUARIE BANK LIMITED, as a Lender
		
	By:	 	/s/ Robert Trevena
		 	 Name: Robert Trevena

		 	 Title: Division Director

		
	 By:
	 	/s/ Nathan Booker
		 	 Name: Nathan Booker

		 	 Title: Division Director

	
	 (Signed in Australia, POA Ref: #2468

dated 7 June 2017)

  
 [Eighth Amendment to GPG
Credit Agreement Signature Page] 

 
			
	ING CAPITAL LLC, as a Lender
		
	By:	 	/s/ Daniel Lamprecht
		 	 Name: Daniel Lamprecht

		 	 Title: Managing Director

		
	 By:
	 	/s/ Renata Medeiros
		 	 Name: Renata Medeiros

		 	 Title: Vice President

  
 [Eighth Amendment to GPG
Credit Agreement Signature Page] 

 
			
	INTRUST BANK, N.A., as a Lender
		
	By:	 	/s/ Quinton E. Smith
		 	 Name: Quinton E. Smith

		 	 Title: Commercial Lender

  

  
 [Eighth Amendment to GPG
Credit Agreement Signature Page]

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