Document:

Exhibit 10.1

                          MIDWEST GRAIN PRODUCTS, INC.
                             INCENTIVE STOCK OPTION
                 GRANTED UNDER THE STOCK INCENTIVE PLAN OF 1996

Date of Grant: _____________                                     ________ Shares
Time of Grant: 10:15 a.m. CST

                          THIS OPTION IS NOT ASSIGNABLE

         Grant.  Midwest  Grain  Products,   Inc.,  a  Kansas  corporation  (the
"Company"),  hereby grants to the optionee named below an option to purchase, in
accordance  with and  subject  to the  terms and  restrictions  set forth in the
Midwest Grain  Products,  Inc.  Stock  Incentive  Plan of 1996 (the "Plan"),  as
amended and in this option,  the number of shares of Common Stock, no par value,
of the  Company  ("Shares")  set forth  below,  at the price set forth below and
expiring at the date set forth below:

          Optionee:  _____________________________________________
          Number of Shares subject to option:  ___________________
          Number of such Shares to be Incentive Options: _________
          Number of such Shares to be Nonqualified Options: ______
          Option price per Share: ________________________________

         Incentive  Stock  Option.  This  option is  intended  to  qualify as an
incentive  stock option under  Section 422 of the Code,  as amended from time to
time  ("Incentive  Option")  as to the shares  specified  above to be  Incentive
Options  and  as a  nonqualified  option  as to the  remainder  of  such  shares
("Nonqualified  Option");  provided that to the extent that the  aggregate  fair
market  value (as defined in the Code),  of Common  Stock with  respect to which
Incentive  Stock  Options are  exercisable  for the first time by you during any
calendar  year under the Plan or any other Company plan exceeds  $100,000,  this
Option  shall  be  treated  as a  Nonqualified  Option  in  accordance  with the
provisions of Section 422 of the Code, as amended.

         Exercisability.

              (a)  Incentive  Option  Installments.   Subject  to  the  $100,000
limitation, the Incentive options shall become exercisable as to all or any part
of  _______  shares  upon the first  anniversary  of the Date of Grant,  _______
shares upon the second  anniversary of the Date of Grant,  _______ shares on the
third  anniversary  of the Date of  Grant  and  ________  shares  on the  fourth
anniversary of the Date of Grant; provided,  that in the case of death or normal
retirement all installments shall become  immediately  exercisable as of the day
immediately prior to the date of death or date of retirement.

              (b) Nonqualified  Option  Installments.  The Nonqualified  options
shall become  exercisable as to all or any part of _______ shares upon the first
anniversary of the Date of Grant,  _______ shares upon the second anniversary of
the Date of Grant,  _______ shares on the third anniversary of the Date of Grant
and ________  shares on the fourth  anniversary of the Date of Grant;  provided,
that in the case of death or normal  retirement  all  installments  shall become
immediately  exercisable as of the day immediately prior to the date of death or
date of retirement.

<PAGE>

              (c) Other Provision concerning  Exercisability.  The options shall
otherwise  be  exercisable  to  the  extent  permitted  in the  Plan,  including
provisions therein relating to a Change In Control,  death,  retirement or other
termination of  employment.  Installments  or portions  thereof not exercised in
earlier periods shall be cumulative and shall be available for exercise in later
periods.

         Term. All options granted to you under this grant must be exercised, if
at all, on or before the tenth anniversary of the Date of Grant. In the event of
your death,  retirement  from the Company or other  termination  of  employment,
whether  voluntary or involuntary,  the options will expire and may be exercised
in the manner specified in Section 6 of the Plan.

         Exercise.  Upon  exercise of an option,  you may pay all or any part of
the option price in cash, by check satisfactory to the Company or by transfer to
the  Company  of shares  of Mature  Stock or other  Common  Stock  which was not
obtained  through the exercise of a stock option owned by the  Optionee.  Common
Stock  transferred  to the Company or withheld from shares to be  distributed in
payment of the option  price or  withholding  taxes  shall be valued at the Fair
Market Value of the Common Stock on the date of the exercise.

         Option Not Assignable. This Option is not transferable by you otherwise
than by will or the laws of descent and distribution, and is exercisable, during
your lifetime,  only by you; provided,  however,  to the extent that the options
covered  hereby  constitute  nonqualified  stock  options,  you may assign  such
options to the extent that such  assignment is hereafter  approved in writing by
the Committee..

         Not a 10% Owner.  You hereby  certify  that,  at the date  hereof,  you
believe  that you do not own stock of the Company  that  possesses  more than 10
percent  of the  total  combined  voting  power of all  classes  of stock of the
Company or of any parent or subsidiary of the Company.

         Payment of Taxes.  The Plan grants the Company  the  authority  to make
such provision as the Company deems  appropriate for the collection of any taxes
which the  Company  may  withhold  in  connection  with the grant or exercise of
options.  Pursuant  to that  authority,  the  Company  authorizes  you to settle
withholding  taxes  generated  upon the  exercise  of  Nonqualified  Options  by
allowing you to pay the taxes with cash or shares of the Company's  Common Stock
in accordance with the following guidelines:

     1. You may  satisfy  obligations  to pay to the  Company  the amount of any
federal, state or local income tax imposed on you as a result of the exercise of
this option by either:

         (a)  Delivering  to the Company a personal  check  satisfactory  to the
Company  in the amount of the tax  liability  on the date that the amount of the
tax to be withheld is to be determined (the "Tax Date"); or by

         (b) Electing to pay the tax liability in shares of the Company's Common
Stock ("Stock Payment Election") by

              (1)  directing the Company at or prior to the Tax Date to withhold
from the number of shares to be issued to the  optionee in  connection  with the
exercise of a  Nonqualified  Option that number of shares equal to the amount of
the tax liability  divided by the fair market value (as defined by the Plans) of
one share of the Company's common stock on the Tax Date; or

                                        2

<PAGE>
              (2)  delivering to the Company on the Tax Date good and marketable
title to that number of shares of Mature Stock (as defined in the Plan) or other
Stock which was not  obtained  through the  exercise of a stock  option owned by
you, as shall equal the amount of the tax  liability  divided by the fair market
value of one share of the Company's common stock on the Tax Date.

     2. No fractional  shares will be issued in connection  with any election to
satisfy a tax  liability by paying in shares.  The balance of any tax  liability
representing a fraction of a share will be settled in cash.

     3. The amount of tax which may be paid by an  optionee  pursuant to a Stock
Payment Election will be the minimum required federal  (including FICA and FUTA)
and state withholding  amounts at the time of the election to pay the taxes with
surrendered or withheld shares.

     4. The  provisions  of these rules  relating to the use of stock to satisfy
obligations  may be  unilaterally  revised by the Committee from time to time to
conform the same to any applicable laws or regulations.

         Compliance  With Law. When the issue or transfer of the shares  covered
by this option may, in the opinion of the Company,  conflict or be  inconsistent
with  any  applicable  law or  regulation  of  any  governmental  agency  having
jurisdiction, the Company reserves the right to refuse to issue or transfer said
stock.  The  Company  may also  legend  certificates  covering  shares  purchase
hereunder with usual and customary  transfer  restrictions to insure  compliance
with  applicable  securities  laws,  and may issue the same subject to its prior
receipt  of  written   representations  from  optionee  in  form  and  substance
satisfactory to the Company.

         IN WITNESS WHEREOF, this instrument has been executed by the Company as
of this __ day of _____, 200_.

                                    MIDWEST GRAIN PRODUCTS, INC.

                                    By ____________________________________
                                           Laidacker M. Seaberg
                                           President and Chief Executive Officer

                                 ACKNOWLEDGMENT

      I hereby  acknowledge  receipt of the above  option and a copy of the Plan
referred  to in said  option.  I am familiar  with the terms of the Plan,  and I
understand  my rights  under the option are subject to and governed by the terms
of the Plan, as well as by the terms set forth in the foregoing option itself.

__________________________________            __________________________________
      Date Acknowledged                              Signature of Optionee

                                        3Exhibit 10.2

                          MIDWEST GRAIN PRODUCTS, INC.
                             INCENTIVE STOCK OPTION
                   GRANTED UNDER THE 1998 STOCK INCENTIVE PLAN
                             FOR SALARIED EMPLOYEES

Date of Grant:    _______________
Time of Grant:    _______________
Shares:           _______________

                          THIS OPTION IS NOT ASSIGNABLE

Grant.  Midwest Grain  Products,  Inc., a Kansas  corporation  (the  "Company"),
hereby grants to the optionee  named below an option to purchase,  in accordance
with and subject to the terms and  restrictions  set forth in the Midwest  Grain
Products, Inc. 1998 Stock Incentive Plan for Salaried Employees (the "Plan") and
in this  option,  the number of shares of Common  Stock,  no par  value,  of the
Company  ("Shares") set forth below,  at the prices set forth below and expiring
at the date set forth below:

        Optionee: __________________________________________________
        Number of Shares subject to option:  _______________________
        Number of such Shares to be Incentive Options: _____________
        Option price per Share:  ___________________________________
        Expiration Date: ___________________________________________

Incentive Stock Option. This option is intended to qualify as an incentive stock
option under Section 422 of the Code,  as amended from time to time  ("Incentive
Option") as to the shares specified above to be Incentive  Options provided that
to the extent that the aggregate fair market value (as defined in the Code),  of
Common Stock with respect to which  Incentive  Stock Options are exercisable for
the first  time by you  during  any  calendar  year  under the Plan or any other
company plan exceeds  $100,000,  this Option shall be treated as a  Nonqualified
Option in accordance with the provisions of Section 422 of the Code, as amended.

Exercisability.

     (a) Incentive Option Installments.  Subject to the $100,000 limitation, the
Incentive   options  shall  become   exercisable  as  to  all  or  any  part  of
_______________  shares  upon  ______________,  as to  all  or  any  part  of an
additional _____________ shares upon ______________, as to all or any part of an
additional  ______________ shares on _______________,  and as to all or any part
of an additional  ___________ shares on _______________;  provided,  that in the
case of death or normal  retirement all  installments  shall become  immediately
exercisable  as of the day  immediately  prior  to the  date of death or date of
retirement.

     (b) Other Provision concerning Exercisability.  The options shall otherwise
be exercisable to the extent permitted in the Plan, including provisions therein
relating to death, retirement or other

<PAGE>

termination of  employment.  Installments  or portions  thereof not exercised in
earlier periods shall be cumulative and shall be available for exercise in later
periods.

Term. All options granted to you under this grant must be exercised,  if at all,
within  ten years  after  the date of this  grant.  In the event of your  death,
retirement  from  the  Company  or  other  termination  of  employment,  whether
voluntary  or  involuntary,  the options will expire and may be exercised in the
manner specified in Section 6 of the Plan.

Exercise.  Upon exercise of an option, you may pay all or any part of the option
price in cash,  by check  satisfactory  to the  Company,  or by  transfer to the
Company of shares of Mature  Stock or other  Common Stock which was not obtained
through the  exercise of a stock  option  owned by the  Optionee.  Common  stock
transferred to the Company in payment of the option price or  withholding  taxes
shall be valued at the Fair Market  Value of the Common Stock on the date of the
exercise.

Option Not Assignable.  This option is not transferable by you otherwise than by
will or the laws of descent and  distribution,  and is exercisable,  during your
lifetime, only by you; provided, however, to the extent that the options covered
hereby constitute nonqualified stock options, you may assign such options to the
extent that such assignment is hereafter approved in writing by the Committee.

Not a 10% Owner.  You hereby certify that, at the date hereof,  you believe that
you do not own stock of the Company that  possesses  more than 10 percent of the
total  combined  voting  power of all  classes of stock of the Company or of any
parent or subsidiary of the Company.

Payment  of Taxes.  The Plan  grants  the  Company  the  authority  to make such
provision as the Company deems appropriate for the collection of any taxes which
the Company may  withhold in  connection  with the grant or exercise of options.
Pursuant to that  authority,  the Company  authorizes you to settle  withholding
taxes generated upon the exercise of Nonqualified Options by allowing you to pay
the taxes with cash or shares of the Company's  Common Stock in accordance  with
the following guidelines:

     1. You may  satisfy  obligations  to pay to the  Company  the amount of any
federal, state or local income tax imposed on you as a result of the exercise of
this option by either:

         (a)  Delivering  to the Company a personal  check  satisfactory  to the
Company  in the amount of the tax  liability  on the date that the amount of the
tax to be withheld is to be determined (the "Tax Date"); or by

         (b) Electing to pay the tax liability in shares of the Company's Common
Stock ("Stock Payment Election") by

              (1)  directing the Company at or prior to the Tax Date to withhold
from the number of shares to be issued to the  optionee in  connection  with the
exercise of a  Nonqualified  Option that number of shares equal to the amount of
the tax liability  divided by the fair market value (as defined by the Plans) of
one share of the Company's common stock on the Tax Date; or

              (2)  delivering to the Company on the Tax Date good and marketable
title to that number of shares of Mature Stock (as defined in the Plan) or other
Stock which was not  obtained  through the  exercise of a stock  option owned by
you, as shall equal the amount of the tax  liability  divided by the fair market
value of one share of the Company's common stock on the Tax Date.

                                        2

<PAGE>
     2. No fractional  shares will be issued in connection  with any election to
satisfy a tax  liability by paying in shares.  The balance of any tax  liability
representing a fraction of a share will be settled in cash.

     3. The amount of tax which may be paid by an  optionee  pursuant to a Stock
Payment Election will be the minimum required federal  (including FICA and FUTA)
and state withholding  amounts at the time of the election to pay the taxes with
surrendered or withheld shares.

      4. The  provisions of these rules  relating to the use of stock to satisfy
obligations  may be  unilaterally  revised by the Committee from time to time to
conform the same to any applicable laws or regulations.

Compliance  With Law.  When the issue or transfer of the shares  covered by this
option may, in the opinion of the Company,  conflict or be inconsistent with any
applicable law or regulation of any governmental agency having jurisdiction, the
Company  reserves  the right to  refuse to issue or  transfer  said  stock.  The
Company may also legend  certificates  governing shares purchased hereunder with
usual and customary  transfer  restrictions to insure compliance with applicable
securities  laws, and may issue the same subject to its prior receipt of written
representations from optionee in form and substance satisfactory to the Company.

IN WITNESS WHEREOF,  this instrument has been executed by the Company as of this
__ day of _______, 200_.

                             MIDWEST GRAIN PRODUCTS, INC.

                             By__________________________
                                 Laidacker M. Seaberg
                                 President and CEO

                                 ACKNOWLEDGMENT

I hereby acknowledge receipt of the above option and a copy of the Plan referred
to in said option. I am familiar with the terms of the Plan, and I understand my
rights under the option are subject to and governed by the terms of the Plan, as
well as by the terms set forth in the foregoing option itself.

_________________                               ________________________________
Date Acknowledged                                     Signature of Optionee

                                       3

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