Document:

exv10w20

 

Exhibit 10.20

AGREEMENT

THIS AGREEMENT is by and between Amaizing Energy Atlantic LLC (hereinafter called OWNER)
and JB Holland Construction, Inc. (hereinafter called CONTRACTOR).

OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as
follows:

ARTICLE 1 — WORK

1.01 CONTRACTOR shall complete all Work as specified or indicated in the Contract
Documents. The Work is generally described as follows:

          Earthwork and related work for ethanol facility at
Atlantic, Iowa.

ARTICLE 2 — THE PROJECT

2.01 The Project for which the Work under the Contract Documents may be the whole or only a part is
generally described as follows:

          Amaizing Energy Atlantic LLC Ethanol Facility at Atlantic, IA

ARTICLE 3 — ENGINEER

3.01 The Project has been designed by

Fagen Engineering LLC

501 West Hwy 212

P.O. Box 159

Granite Falls, MN 56241

who is hereinafter called ENGINEER and who is to act as OWNER’S representative, assume all duties
and responsibilities, and have the rights and authority assigned to ENGINEER in the Contract
Documents in connection with the completion of the Work in accordance with the Contract Documents.

ARTICLE 4 — CONTRACT TIMES

4.01 Time of the Essence

     A. All time limits for Milestones, if any, Substantial Completion, and completion and
readiness for final payment as stated in the Contract Documents are of the essence of the
Contract.

4.02 Dates for Substantial Completion and Final Payment

     A. The Work will be substantially completed on or before May 13, 2007, and completed and ready
for final payment in accordance with paragraph 14.07 of the General Conditions on or before June
13, 2007. Forty (40) working days not including Saturday and Sunday shall be the time set for this
contract completion of work as described.

4.03 Liquidated Damages

     A. CONTRACTOR and OWNER recognize that time is of the essence of this Agreement and that OWNER
will suffer financial loss if the Work is not completed within the times specified in paragraph
4.02 above, plus any extensions thereof allowed in accordance with Article 12 of the General
Conditions. The parties also recognize the delays, expense, and difficulties involved in proving in
a legal or arbitration proceeding the actual loss suffered by OWNER if the Work is not completed on
time. Accordingly, instead of requiring any such proof, OWNER and CONTRACTOR agree that as liquidated
damages for delay (but not as a penalty),

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CONTRACTOR shall pay OWNER $500.00 for each calendar day that expires after the time specified in
paragraph 4.02 for Substantial Completion until the Work is substantially complete. After
Substantial Completion, if CONTRACTOR shall neglect, refuse, or fail to complete the remaining Work
within the Contract Time or any proper extension thereof granted by OWNER, CONTRACTOR shall pay
OWNER $500.00 for each calendar day that expires after the time specified in paragraph 4.02 for
completion and readiness for final payment until the Work is completed and ready for final payment.

ARTICLE 5 — CONTRACT PRICE

5.01 OWNER shall pay CONTRACTOR for completion of the Work in accordance with the Contract
Documents an amount in current funds equal to the sum of the amounts determined pursuant to
paragraphs 5.01.A below:

     A. For all Work, at the prices stated in CONTRACTOR’s Bid, attached hereto as an exhibit.

     TOTAL OF ALL ESTIMATED PRICES:

	 	 	 	 	 
	Two million, six hundred ninety two thousand, seventy nine dollars, eighty three cents
	 	$	2,692,079.83	 
	(use words)
	 	(dollars)

     As provided in paragraph 11.03 of the General Conditions, estimated quantities are not
guaranteed, and determinations of actual quantities and classifications are to be made by
ENGINEER as provided in paragraph 9.08 of the General Conditions. Unit prices have been computed
as provided in paragraph 11.03 of the General Conditions.

ARTICLE 6 — PAYMENT PROCEDURES

6.01 Submittal and Processing of Payments

     A. CONTRACTOR shall submit Applications for Payment in accordance with Article 14 of the
General Conditions. Applications for Payment will be processed by ENGINEER as provided in the
General Conditions.

6.02 Progress Payments; Retainage

     A. OWNER shall make progress payments on account of the Contract Price on the basis of
CONTRACTOR’S Applications for Payment every two (2) weeks during performance of the Work as
provided in paragraphs 6.02.A.1 and 6.02.A.2 below. Payments for work completed shall be made
within fifteen (15) days of submission of application for payment. All such payments will be
measured by the schedule of values established in paragraph 2.07.A of the General Conditions
(and in the case of Unit Price Work based on the number of units completed) or, in the event
there is no schedule of values, as provided in the General Requirements:

     1. Prior to Substantial Completion, progress payments will be made in an amount equal to
the percentage indicated below but, in each case, less the aggregate of payments previously
made and less such amounts as ENGINEER may determine or OWNER may withhold, in accordance
with paragraph 14.02 of the General Conditions. Payments for work completed shall be made
within fourteen (14) days of submission of application for payment or ten (10) days after
approval by the Engineer.

          (a) 90% of Work completed (with the balance being retainage). If the Work has been
50% completed as determined by the ENGINEER, and if the character and progress of the
Work have been satisfactory to OWNER and ENGINEER, OWNER, or recommendation of ENGINEER,
may determine that as long as the character and progress of the Work remain satisfactory
to them, there will be no retainage on account of Work subsequently completed, in which
case the remaining progress payments prior to Substantial Completion will be in an
amount equal to 100% of the Work completed less the aggregate of payments previously
made; and

          (b) 90% of cost of materials and equipment stored at the site but not incorporated
in the

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     Work (with the balance being retainage).

     2. Upon Substantial Completion, OWNER shall pay an amount sufficient to increase total
payments to CONTRACTOR to 100% of the Work completed, less such amounts as ENGINEER shall determine
in accordance with paragraph 14.02.B.5 of the General Conditions and less 100% of ENGINEER’s
estimate of the value of Work to be completed or corrected as shown on the tentative list of items
to be completed or corrected attached to the certificate of Substantial Completion.

6.03 Final Payment

     A. Upon final completion and acceptance of the Work in accordance with paragraph 14.07 of the
General Conditions, OWNER shall pay the remainder of the Contract Price as recommended by ENGINEER
as provided in said paragraph 14.07.

ARTICLE 7 — INTEREST

7.01 All moneys not paid when due as provided in Article 14 of the General Conditions shall bear
interest at the rate of 8% per annum.

ARTICLE 8 — CONTRACTOR’S REPRESENTATIONS

8.01 In order to induce OWNER to enter into this Agreement CONTRACTOR makes the
following representations:

     A. CONTRACTOR has examined and carefully studied the Contract Documents and the other related
data identified in the Bidding Documents.

     B. CONTRACTOR has visited the Site and become familiar with and is satisfied as to the
general, local, and Site conditions that may affect cost, progress, and performance of the Work.

     C. CONTRACTOR is familiar with and is satisfied as to all federal, state, and local Laws and
Regulations that may affect cost, progress, and performance of the Work.

     D. CONTRACTOR has obtained and carefully studied (or assumes responsibility for having done
so) all examinations, investigations, explorations, tests, studies, and data concerning conditions
(surface, subsurface, and Underground Facilities) at or contiguous to the Site which may affect
cost, progress, or performance of the Work or which relate to any aspect of the means, methods,
techniques, sequences, and procedures of construction to be employed by CONTRACTOR, including
applying the specific means, methods, techniques, sequences, and procedures of construction, if
any, expressly required by the Contract Documents to be employed by CONTRACTOR, and safety
precautions and programs incident thereto.

     E. CONTRACTOR does not consider that any further examinations, investigations, explorations,
tests, studies, or data are necessary for the performance of the Work at the Contract Price, within
the Contract Times, and in accordance with the other terms and conditions of the Contract
Documents.

     F. CONTRACTOR is aware of the general nature of work to be performed by OWNER and others at
the Site that relates to the Work as indicated in the Contract Documents.

     G. CONTRACTOR has correlated the information known to CONTRACTOR, information and observations
obtained from visits to the Site, reports and drawings identified in the Contract Documents, and
all additional examinations, investigations, explorations, tests, studies, and data with the
Contract Documents.

     H. CONTRACTOR has given ENGINEER written notice of all conflicts, errors, ambiguities, or
discrepancies that CONTRACTOR has discovered in the Contract Documents, and the written resolution
thereof by ENGINEER is acceptable to CONTRACTOR.

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     I. The Contract Documents are generally sufficient to indicate and convey understanding of all
terms and conditions for performance and furnishing of the Work.

ARTICLE 9 — CONTRACT DOCUMENTS

9.01 Contents

     A. The Contract Documents consist of the following:

	 	1.	 	This Agreement (pages 1 to 6, inclusive);
	 
	 	2.	 	General Conditions (pages 00700-1 to 00700-42, inclusive);
	 
	 	3.	 	Supplemental Conditions (pages 1 to 2, inclusive);
	 
	 	4.	 	Project Manual for Cassco Amaizing Energy, LLC, Civil and Site Work
Grading Detail Design Package dated February 2007 provided by Yaggy Colby
Associates.
	 
	 	5.	 	Soils report (sent via email by OWNER) provided by Terracon bearing the
following title: GEOTECHNICAL ENGINEERING REPORT— PROPOSED ETHANOL PRODUCTION
FACILITY, GLACIER DRIVE, ATLANTIC, IOWA, Terracon Project No. 05065139 dated October
24, 2006.
	 
	 	6.	 	Drawings consisting of sheets numbered 200 through 214, inclusive, with each
sheet bearing the following general title: CASSCO AMAIZING ENERGY LLC, Ethanol
Production Facility, Atlantic, Iowa dated 2/12/07, issued & sealed by Thomas K.
Madden of Yaggy Colby Associates.
	 
	 	7.	 	Revised drawings consisting of sheets numbered 205 through 207, inclusive, with
each sheet bearing the following general title: CASSCO AMAIZING ENERGY LLC, Ethanol
Production Facility, Atlantic, Iowa revised 2/23/07 by Thomas K. Madden of Yaggy Colby
Associates.
	 
	 	8.	 	Rail drawings consisting of sheets numbered R-1 through R-10, inclusive, with
each sheet bearing the following general title: PROPOSED ETHANOL PLANT RAIL YARD, OVERALL
SITE PLAN, CASSCO ENERGY, ATLANTIC IOWA dated 11/3/06 designed by JPF of TerraTec
Engineering.
	 
	 	9.	 	Rail drawings consisting of sheets numbered C-1 through C-3, inclusive, with each
sheet bearing the following general title: PROPOSED SITE GRADING, PROPOSED ETHANOL PLANT
RAIL YARD, CASSCO ENERGY, ATLANTIC IOWA dated 10/26/06 designed by JPF of TerraTec
Engineering.
	 
	 	10.	 	Exhibits to this Agreement:

	 	•	 	Bid Form
	 
	 	•	 	Rail Plan Takeoff
	 
	 	•	 	Rail sub-ballast Specification
	 
	 	•	 	Rail Sub-grade Specification
	 
	 	•	 	Portion of Terracon report specific to rail bed area
	 
	 	•	 	Certificates of Insurance
	 
	 	•	 	Instructions to bidders
	 
	 	•	 	Clarification Document for Project Manual issued by Yaggy Colby 2/26/2007
	 
	 	•	 	Post bid documents
	 
	 	•	 	Contractor bid form

	10.	 	The following which may be delivered or issued on or after the Effective Date of the
Agreement and are not attached hereto:

	 	a.	 	Written Amendments;
	 
	 	b.	 	Work Change Directives;

	 
	 	c.	 	
 Change Order(s)

     B. The documents listed in paragraph 9.01.A are attached to this Agreement (except as
expressly noted otherwise above).

     C. There are no Contract Documents other than those listed above in this Article 9.

     D. The Contract Documents may only be amended, modified, or supplemented as provided in
paragraph 3.05 of the General Conditions.

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ARTICLE 10 — MISCELLANEOUS

10.01 Terms

     A. Terms used in this Agreement will have the meanings indicated in the General
Conditions.

10.02 Assignment of Contract

     A. No assignment by a party hereto of any rights under or interests in the Contract will be
binding on another party hereto without the written consent of the party sought to be bound; and,
specifically but without limitation, moneys that may become due and moneys that are due may not
be assigned without such consent (except to the extent that the effect of this restriction may be
limited by law), and unless specifically stated to the contrary in any written consent to an
assignment, no assignment will release or discharge the assignor from any duty or responsibility
under the Contract Documents.

10.03 Successors and Assigns

     A. OWNER and CONTRACTOR each binds itself, its partners, successors, assigns, and legal
representatives to the other party hereto, its partners, successors, assigns, and legal
representatives in respect to all covenants, agreements, and obligations contained in the Contract
Documents.

10.04 Severability

     A. Any provision or part of the Contract Documents held to be void or unenforceable under any
Law or Regulation shall be deemed stricken, and all remaining provisions shall continue to be valid
and binding upon OWNER and CONTRACTOR, who agree that the Contract Documents shall be reformed to
replace such stricken provision or part thereof with a valid and enforceable provision that comes
as close as possible to expressing the intention of the stricken provision.

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IN WITNESS WHEREOF, OWNER and CONTRACTOR have signed this Agreement in duplicate. One counterpart
each has been delivered to OWNER and CONTRACTOR. All portions of the Contract Documents have been
signed or identified by OWNER and CONTRACTOR or on their behalf.

This Agreement will be effective on 3/28/07 (which is the Effective Date of the Agreement).

	 	 	 	 	 	 	 	 	 
	OWNER:	 	 	 	CONTRACTOR:
	 
	 	 	 	 	 	 	 	 
	Amaizing Energy	 	 	 	JB Holland Construction, Inc.
	 
	 	 	 	 	 	 	 	 
	By:	 	/a/ Alan H. Jentz	 	 	 	/s/ Jeff J. Holland President
	 	 	  	 	 	 	  
	 
	 	 	 	 	 	 	 	 
	[CORPORATE SEAL]
	 	 	 	[CORPORATE SEAL]

	 
	 	 	 	 	 	 	 	 
	Attest

	 	 	 	 	 	Attest
	 	/s/ Diane M. (illegible)
	 

	 	 
 
	 	 	 	 	 	 
 
	 
	 	 	 	 	 	 	 	 
	Address for giving notices:	 	 	 	Address for giving notices:
	2404 Hwy 30 West	 	 	 	2092 Hwy 9 West
	Denison, Iowa	 	 	 	Decorah, IA 52101
	51442	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	(If OWNER is a corporation, attach
evidence of authority to sign. If OWNER
is a public body, attach evidence of authority
to sign and resolution or other documents
authorizing execution of OWNER-CONTRACTOR
Agreement.)	 	 	 	License No. 42-1237122
 (where applicable)

Agent for service of process: 

 

	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	(If CONTRACTOR is a corporation or a
partnership, attach evidence of authority to sign)
	 
	 	 	 	 	 	 	 	 
	Designated Representative:	 	 	 	Designated Representative:
	Name: Alan H. Jentz	 	 	 	Name: Jeff J. Holland
	Title: President	 	 	 	Title: President
	Address: 2404 Hwy 30 West	 	 	 	Address: 2092 Hwy 9 W
	Denison, Iowa 51442	 	 	 	Decorah, IA 52101
	Phone: 712-263-2676	 	 	 	Phone: 563-382-2901
	Facsimile: 712-263-4134	 	 	 	Facsimile: 563-382-2902

6exv10w21

 

Exhibit 10.21

CONTRACT AGREEMENT

          THIS AGREEMENT, made this 5th day of April                     , 2007 by and between Amaizing Energy
Atlantic, LLC of Atlantic, Iowa herein after called the, Owner and Peterson
Contractors, Inc. of Reinbeck , Iowa hereinafter called the Contractor.

     Witnesseth, That for the consideration hereinafter named, the said Contractor agrees with said
Owner, as follows:

     SECTION 1. The Contractor agrees to furnish all labor, material and equipment,
necessary to perform and complete all the work for (Project Description)

          Geopier Foundation Installation for:

          CassCo Amazing Energy Ethanol Plant, Glacier Dr., Atlantic, A

as described In Section 2 hereof, and In accordance with the drawings, General
Conditions of the Contract, Supplementary General Conditions, specifications and
addenda Nos,                      to                      inclusive, prepared by

          Geopier Foundation Company if applicable.

     SECTION 2. Scope of Work; The Contractor agrees to promptly begin said work either TBD
days, after notification by said Owner, and complete all work as follows:

     In accordance with the project schedule and as required by job progress

          Install Geopier Foundation Elements as outlined in the attached PCI proposal

          And Exhibit B dated March 22, 2007.

     SECTION 3. The Contractor shall take out and pay for Employers’ Liability insurance, Worker’s
Compensation insurance and Public Liability and Property Damage insurance, certificates of same to
be deposited with the 0wner before any work is started; also pay for all state and/or federal
taxes, assessment, Unemployment Compensation Contributions or other charges, and acquire and pay
for necessary licenses to do business as required by law.

     SECTION 4. No extra work, back charges or changes under this contract will be recognized or
paid for, unless agreed to in writing by the Owner and Contractor before the work is done or the
changes made. No oral agreements will be made by either party.

     SECTION 5. This contract shall not be assigned by the Contractor without first obtaining
permission in writing from the Owner. The Contractor shall be responsible for performance of work
by his employees, agents or his Contractors, and the Contractor agrees to bind his Subcontractors
to all provisions of this Agreement.

     SECTION 6. The Contractor and Owner agree to observe and comply with all applicable federal,
state and local law, ordinances, rules and regulations, including but not limited to the
Occupational Safely and Health Act of 1970 effective where the work under this Subcontract is to
he performed.

     SECTION 7..All claims, disputes and other matters in question between the Contractor and the
Owner arising out of or relating to the Contract or breech thereof shall be decided by arbitration
accordance with the

 

 

Construction Industry Arbitration Rules of the American Arbitration Association then in
offset. The award rendered by the arbitrator shall be final and judgement may be entered upon it
in any court having ruling thereof.

     SECTION 8. The Contractor agrees to Indemnity and save harmless the Owner from any and all
loss or damage occasioned by any negligent act or omission of the Contractor or that of anyone
directly or indirectly employed by them or performing the work of this Contract under the
direction of the Contractor or anyone for whose acts any of them may be liable in carrying out the
provisions of this Contract.

NONE

     SECTION 9. Special Conditions. (Insert the word “None” OR the Special Conditions.) Note both
parties must INITIAL All Special Conditions.

     SECTION 10. Progress Payments. Monthly progress payments on the Contract Sum will be made
to the Contractor in an amount equal to  95 % of the value of work performed and
materials incorporated in the project and the materials delivered to the site of the Work by
Contractor as estimated by Owner and Contractor, less the aggregate of previous payments made to
Contractor, to be paid within 30 days of invoice billings, with total release of retainage
within sixty days of completion.

     SECTION 11. Contract Continuance. In the event that any portion or part of this Agreement
is held to be unconstitutional, illegal, or otherwise unenforceable, the failure of that portion
shall not affect the entirety of this Contract and all other clauses, agreements, language or
otherwise, shall continue in lull force and effect,

     SECTION 12. Governing Law. This contract shall be governed under the laws of the State of
Iowa.

IN CONSIDERATION WHEREOF, the said Owner agrees that he will pay to the said Contractor the sum
of One Million, Two hundred Twenty-five thousand and 00/100 ($1,225,000.00) Dollars for
said materials and work. If blank, see pricing schedule Attached hereto as Exhibit A.

The Owner and the Contractor for themselves, their successors, executors, administrators and
assigns, hereby agree to the full performance of the covenants of this agreement.

IN WITNESS WHEREOF, they have executed this agreement the day and date written above.

	 	 	 	 	 	 	 	 	 	 	 
	Amaizing Energy Atlantic, LLC	 	 	 	Peterson Contractors, Inc.	 	 
	 	 	 	 	 	 	 
	Owner	 	 	 	Contractor	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Alan H. Jentz
	 	 	 	By:
	 	/s/ Cardell S. Peterson	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Title:

	 	President
	 	 	 	Title:
	 	President

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