Document:

<PAGE>

                                                                    EXHIBIT 10.8

                                 ACKNOWLEDGMENT

      1. Kari G. Smith, currently employed by The Buckle, Inc. ("Company") of
Kearney, Nebraska, will be paid an annual salary of $265,000 for so long as the
employee is employed by the Company during the fiscal year ending February 3,
2007.

      2. In addition to the salary outlined in paragraph 1, above, a "Cash
Award" for the above fiscal year will be paid to you provided you are employed
by the Company on the last day of such fiscal year. The "Cash Award" will be
paid as part of the Incentive Plan which includes a Bonus Pool as Cash Incentive
for executives. This Bonus Pool will be calculated for the fiscal year based
upon dollars of growth in key performance categories compared to the Base Year
amounts, multiplied by the applicable percentage amounts as outlined in the Plan
and multiplied by the net income factor outlined in the plan (see Exhibit A to
the Company's 2006 Proxy Statement). The applicable percentage amounts per the
2006 Executive Incentive Plan include 8.5% of the increase in Same Store Sales,
5.0% of the increase in Gross Profit and 15.0% of the increase in Pre-bonus Net
Income. The Base Year amounts are determined using the immediately preceding
fiscal year for Same Store Sales and the prior three-year rolling average, with
the immediately preceding year receiving a 4:1 weighting over the other two
years included in the calculation, for both Gross Profit and Pre-Bonus Net
Income. Your percentage of the bonus pool has been pre-set for fiscal 2006 by
the compensation committee of the Board of Directors.

      No payment of a Cash Award for the year may be made until the Company's
key performance categories for the year are certified by the Compensation
Committee. You shall not be entitled to receive payment of a Cash Award unless
you are still in the employ of (and shall not have delivered notice of
resignation to) the Company on the last day of the fiscal year for which the
Cash Award is earned.

      The Cash Award will be paid on or before April 15 following the close of
the fiscal year. For calculating this Cash Award, "Pre-Bonus Net Income" shall
be defined as the Company's net income from operations after the deduction of
all expenses, excluding administrative and store manager percentage bonuses and
excluding income taxes, but including draws against such bonuses. Net income
from operations does not include earnings on cash investments. For this purpose,
net income shall be computed by the Company in accordance with the Company's
normal accounting practices, and the Company's calculations will be final and
conclusive.

      3. You were awarded 8,250 shares of restricted stock in The Buckle, Inc.
common stock pursuant to the 2005 Restricted Stock Plan as of January 31, 2006.
Restricted stock granted under the Plan will vest according to the terms of the
2005 Restricted Stock Plan and the terms of the separate Restricted Stock
Agreement between you and the Company, to which Agreement reference is hereby
made. Those terms include a performance feature whereby one-half of the shares
granted will vest over four years if a 5% increase in Pre-Bonus Net Income is
achieved and the second one-half of the shares granted will vest over four years
if an 8% increase in Pre-Bonus Net Income is achieved. If the performance goal
is met, the shares will vest 20% upon certification by the compensation
committee that such goal was met, and then 20% at January 31, 2008, 30% on
January 31, 2009 and 30% on January 31, 2010. You must continue to be employed
by the Company on the date of vesting. The foregoing description of the vesting
features of the Restricted Stock granted to you is qualified in its entirety by
reference to the terms of the 2005 Restricted Stock Plan and the separate
Restricted Stock Agreement between you and the Company.

      4. A credit limit of $3,500 has been established on your The Buckle charge
account, subject to annual change as determined by management. Please make sure
your charge account balance does not exceed this limit. You may have payments
made to your charge account via payroll withholding during the year.

      Management is committed to reviewing its policies continually.
Accordingly, the statements outlined above are subject to review and change at
any time, with or without notice.

      I understand I have the right to terminate my employment with the Company
at any time, with or without notice, and the Company retains the same right,
with or without cause or notice. I recognize, therefore, that I am an "at will"
employee.

<PAGE>

      This acknowledgment supersedes any prior acknowledgment or agreement with
the Company. This acknowledgment does not constitute an agreement of employment
with the Company.

March 20, 2006
The Buckle, Inc.

Acknowledged by: /s/ KARI G. SMITH
                 -------------------------
                    Kari G. Smith

                                       2exv4w2

 

Exhibit  4.2

E ENERGY ADAMS, LLC

SUBSCRIPTION AGREEMENT

Limited Liability Company Membership Units

$10,000 per Unit

Minimum Investment of 2 Units ($20,000)

1 Unit Increments Thereafter ($10,000)

The undersigned subscriber (“Subscriber”), desiring to become a member of E Energy Adams, LLC (“E
Energy Adams”), a Nebraska limited liability company, with its principal place of business at 510
Main Street, P.O. Box 49, Adams, Nebraska 68301 hereby subscribes for the purchase of membership
units of E Energy Adams, and agrees to pay the related purchase price, identified below.

A. SUBSCRIBER INFORMATION. Please print your individual or entity name and address. If we accept
your subscription, the units will be titled in the name of the subscriber as it appears below.
Joint subscribers should provide both names. Your name and address will be recorded exactly as
printed below. Please provide your home, business and/or mobile telephone number. If desired,
please also provide your e-mail address.

	 	 	 	 	 	 	 
	1.

	 	Subscriber’s Printed Name
	 	 
 

	 	 
	2.

	 	Title, if applicable
	 	 
 

	 	 
	3.

	 	Subscriber’s Address	 	 	 	 
	 

	 	     Street
	 	 
 

	 	 
	 

	 	     City, State, Zip Code
	 	 
 

	 	 
	4.

	 	E-mail Address (optional)
	 	 
 

	 	 
	5.

	 	Home Telephone Number
	 	 
 

	 	 
	6.

	 	Business Telephone Number
	 	 
 

	 	 
	7.

	 	Mobile Telephone Number
	 	 
 

	 	 
	8.

	 	Subscriber’s Social Security Number
	 	 
 

	 	 
	9.

	 	Joint Subscriber’s Social Security Number
	 	 
 

	 	 
	10.

	 	Taxpayer Identification No. (Business Entities)
	 	 
 

	 	 

B. NUMBER OF UNITS PURCHASED. You must purchase at least 2 units. Your ownership interest may not
exceed 40% of our outstanding membership units. We currently have 194 units outstanding.
Accordingly, assuming that we sell the minimum number of 1,990 units in this offering, you may not
purchase more than 873 units. The maximum number of units to be sold in the offering is 5,810.

	 	 	 	 	 
	 

	 	 	 	 
	 

	 	 	 	 
	 

	 	units
	 	 
	 

	 	 	 	 

C. PURCHASE PRICE. Indicate the dollar amount of your investment (minimum investment is
$20,000).

	 	 	 	 	 	 	 	 	 
	1. Total Purchase Price
	 	=
	 	2. 1st Installment
	 	+
	 	3. 2nd Installment
	($10,000 per unit multiplied

by number of units)
	 	 	 	(10% of Total Purchase Price)
	 	 	 	(90% of Total Purchase Price)
	 
	 	 	 	 
	 	 	 	 
	 
	 	 	 	 
	 	 	 	 
	 
	 	=
	 	 
	 	+
	 	 
	 
	 	 	 	 
	 	 	 	 

D. GENERAL INSTRUCTIONS FOR SUBSCRIBERS:
You should read the Prospectus dated [DATE OF EFFECTIVENESS] (the “Prospectus”) in its entirety
including the exhibits for a complete explanation of an investment in E Energy Adams.

1

 

INSTRUCTIONS IF YOU ARE SUBSCRIBING PRIOR TO THE COMPANY’S RELEASE OF FUNDS FROM ESCROW:
If you are subscribing prior to the Company’s release of funds from escrow, you must follow the
instructions contained in paragraphs 1 through 5 below:

     1. Complete all information required in this Subscription Agreement, and date and sign the
Subscription Agreement on page 6 and the Member Signature Page to our Operating Agreement attached
to this Subscription Agreement as Exhibit A.

     2. Immediately provide a personal (or business) check for the first installment of ten percent
(10%) of your investment amount. The check should be made payable to “Union Bank & Trust Company,
escrow agent for E Energy Adams, LLC.” You will determine this amount in box C.2 on page 1 of this
Subscription Agreement.

     3. Execute the Promissory Note and Security Agreement on page 7 of this Subscription Agreement
evidencing your commitment to pay the remaining ninety percent (90%) due for the units. The
Promissory Note and Security Agreement is attached to this Subscription Agreement and grant E
Energy Adams, LLC a security interest in your units.

     4. Deliver the original executed documents referenced in paragraphs 1 and 3 of these
instructions, together with a personal or business check as described in Paragraph 2 of these
instructions to:

E Energy Adams, LLC

510 Main Street, P.O. Box 49

Adams, Nebraska 68301

     5. Within 20 days of written notice from E Energy Adams that your subscription has been
accepted, you must remit an additional personal (or business) check for the second installment of
ninety percent (90%) of your investment amount made payable to “Union Bank & Trust Company, escrow
agent for E Energy Adams, LLC” in satisfaction of the Promissory Note and Security Agreement. You
will determine this amount in box C.3 on page 1 of this Subscription Agreement. You must deliver
this check to the same address set forth above in paragraph 4 within twenty (20) days of the date
of E Energy Adams’s written notice. If you fail to pay the second installment pursuant to the
Promissory Note and Security Agreement, E Energy Adams shall be entitled to retain your first
installment and to seek other damages, as provided in the Promissory Note and Security Agreement.
This means that if you are unable to pay the 90% balance of your investment amount within 20 days
of our notice, you may have to forfeit the 10% cash deposit.

     Your funds will be placed in E Energy Adams’s escrow account at Union Bank & Trust Company,
NA. The funds will be released to E Energy Adams or returned to you in accordance with the escrow
arrangements described in the Prospectus. E Energy Adams may, in its sole discretion, reject or
accept any part or all of your subscription. If E Energy Adams rejects your subscription, your
Subscription Agreement and investment will be promptly returned to you, plus nominal interest,
minus escrow fees. E Energy Adams may not consider the acceptance or rejection of your
subscription until a future date near the end of this offering.

INSTRUCTIONS IF YOU ARE SUBSCRIBING AFTER THE COMPANY’S RELEASE OF FUNDS FROM ESCROW: If
you are subscribing after the Company’s release of funds from escrow, you must follow the
instructions contained in paragraphs 1 through 3 below:

     1. Complete all information required in this Subscription Agreement, and date and sign the
Subscription Agreement on page 6 and the Member Signature Page to our Operating Agreement attached
to this Subscription Agreement as Exhibit A.

     2. Immediately provide your personal (or business) check for the entire amount of your
investment (as determined in box C.1 on page 1) made payable to “E Energy Adams, LLC.”

     3. Deliver the original executed documents referenced in paragraph 1 of these instructions,
together with your personal or business check as described in paragraph 2 to:

E Energy Adams, LLC

510 Main Street, P.O. Box 49

Adams, Nebraska 68301

2

 

     If you are subscribing after we have released funds from escrow and we accept your investment,
your funds will be immediately at-risk as described in the Prospectus. E Energy Adams may, in its
sole discretion, reject or accept any part or all of your subscription. If E Energy Adams rejects
your subscription, your Subscription Agreement and investment will be returned to you promptly,
plus nominal interest, minus escrow fees. E Energy Adams may not consider the acceptance or
rejection of your subscription until a future date near the end of this offering.

     You may direct your questions to either of our directors listed below or to E Energy Adams at (402)
988-4655.

	 	 	 	 	 
	Director	 	Position	 	Phone Number
	Jack Alderman

Donald “Bud” Olsson
	 	Chairman, President

Director
	 	608-372-5755

402-323-1630

	 	 	 	 	 	 	 	 	 	 	 	 	 
	E.	 	Additional Subscriber Information. Subscriber, named above, certifies the following under penalties of perjury:
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	1.	 	 	Form of Ownership. Check the appropriate box (one only) to indicate form of
ownership. If the subscriber is a Custodian, Corporation, Partnership or Trust, please
provide the additional information requested.
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	o	 	Individual
	 	 	 	 	 	 	o	 	Joint Tenants with Right of Survivorship (Both signatures must appear on page 6.)
	 	 	 	 	 	 	o	 	Corporation, Limited Liability Company or Partnership (Corporate
Resolutions, Operating Agreement or Partnership Agreement must be enclosed.)
	 	 	 	 	 	 	o	 	Trust
	 	 	 	 	 	 	 	 	     Trustee’s Name:                                                                        
	 	 	 	 	 	 	 	 	     Trust Date:                                                                                 
	 	 	 	 	 	 	o	 	Other: Provide detailed information in the space immediately below.
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	2.	 	 	Subscriber’s Taxpayer Information. Check the appropriate box if you are a
non-resident alien, a U.S. Citizen residing outside the United States, and/or subject
to backup withholding. All individual subscribers should provide their Social Security
Numbers. Trusts should provide the trust’s taxpayer identification number. Custodians
should provide the minor’s Social Security Number. Other entities should provide the
entity’s taxpayer identification number.
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	o	 	Check box if you are a non-resident alien
	 	 	 	 	 	 	o	 	Check box if you are a U.S. citizen residing outside of the United States
	 	 	 	 	 	 	o	 	Check this box if you are subject to backup withholding
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Subscriber’s Social Security No.	 	 	 
	 	 	 	 	 	 	Joint Subscriber’s Social Security No.	 	 	 
	 	 	 	 	 	 	Taxpayer Identification No.	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	3.	 	 	Member Report Address. If you would like duplicate copies of member reports
sent to an address that is different than the address identified in section A, please
complete this section.
	 	 	 	 	 	 	Address:	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	4.	 	 	State of Residence.
	 	 	 	 	 	 	State of Principal Residence:	 	 	 
	 	 	 	 	 	 	State where driver’s license is issued:	 	 	 
	 	 	 	 	 	 	State where resident income taxes are filed:	 	 	 

State(s) in which you have maintained your principal residence during the past three years:

	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 

	 

	 	 
a.	 	 
b.
	 	 
c.
	 

	 	 
	 	 
	 	 

	 

	 	 
	 	 
	 	 

3

 

	 	 	 	 	 	 	 	 
	 	 	5.	 	 	Suitability Standards. You cannot invest in E Energy Adams unless you meet one
of the following suitability tests (a or b) set forth below. Please review the
suitability tests and check the box next to the following suitability test that you
meet. For husbands and wives purchasing jointly, the tests below will be applied on a
joint basis.
	 
	 	 	 	 	 	 	 
	 

	 	 	 	 	a. o
	 	I (We) do not reside in Missouri or Iowa and I (we) have
annual income from whatever source of at least $45,000 and a net worth
of at least $45,000, exclusive of home, furnishings and automobiles; or
	 
	 	 	 	 	 	 	 
	 

	 	 	 	 	b. o
	 	I (We) do not reside in Missouri or Iowa and I (we) have a net
worth of at least $100,000, exclusive of home, furnishings and automobiles; or
	 
	 	 	 	 	 	 	 
	 

	 	 	 	 	c. o
	 	I (We) reside in Missouri or Iowa and I (we) have a net worth
of $150,000, exclusive of home, home furnishings, and automobiles.
	 
	 	 	 	 	 	 	 
	 	 	6.	 	 	Subscriber’s Representations and Warranties. You must read and certify your
representations and warranties by placing your initials where indicated and by signing
and dating this Subscription Agreement. Joint subscribers are also required to
initial and sign as indicated.

(Initial here) (Joint initials) By signing below the subscriber represents and warrants to E Energy
Adams that he, she or it:

	 	 	 	 	 
	            
	 	            	 	a. has received a copy of E Energy Adams’s Prospectus
dated [DATE OF EFFECTIVENESS] and the exhibits thereto
or has received notice that this sale has been made
pursuant to a registration statement in which a final
prospectus would have been required to have been
delivered in the absence of Rule 172;
	 
	 	 	 	 
	            
	 	            	 	b. has been informed that the units of E Energy Adams are
offered and sold in reliance upon a federal securities
registration; state registrations in Nebraska, Iowa,
Kansas, Missouri, Wisconsin, South Dakota and Florida;
and exemptions from securities registrations in
various other states, and understands that the units
to be issued pursuant to this subscription agreement
can only be sold to a person meeting requirements of
suitability;
	 
	 	 	 	 
	            
	 	            	 	c. has been informed that the securities purchased
pursuant to this Subscription Agreement have not been
registered under the securities laws of any state
other than Nebraska, Iowa, Kansas, Missouri,
Wisconsin, South Dakota and Florida and that E Energy
Adams is relying in part upon the representations of
the undersigned Subscriber contained herein;
	 
	 	 	 	 
	            
	 	            	 	d. has been informed that the securities subscribed for
have not been approved or disapproved by the SEC, or
the Nebraska, Iowa, Kansas, Missouri, Wisconsin, South
Dakota and Florida Securities Departments or any other
regulatory authority, nor has any regulatory authority
passed upon the accuracy or adequacy of the
Prospectus;
	 
	 	 	 	 
	            
	 	            	 	e. intends to acquire the units for his/her/its own
account without a view to public distribution or
resale and that he/she/it has no contract,
undertaking, agreement or arrangement to sell or
otherwise transfer or dispose of any units or any
portion thereof to any other person;
	 
	 	 	 	 
	            
	 	            	 	f. understands that there is no present market for E
Energy Adams’s membership units, that the membership
units will not trade on an exchange or automatic
quotation system, that no such market is expected to
develop in the future and that there are significant
restrictions on the transferability of the membership
units;
	 
	 	 	 	 
	            
	 	            	 	g. has been encouraged to seek the advice of his legal
counsel and accountants or other financial advisers
with respect to investor-specific tax and/or other
considerations relating to the purchase and ownership
of units;
	 
	 	 	 	 
	            
	 	            	 	h. has received a copy of the E Energy Adams Operating
Agreement, dated April 25, 2005, and understands that
upon closing the escrow by E Energy Adams, the
subscriber and the membership units will be bound by
the provisions of the Operating Agreement which
contains, among other things, provisions that restrict
the transfer of membership units;
	 
	 	 	 	 
	            
	 	            	 	i. understands that the units are subject to substantial
restrictions on transfer under certain tax and
securities laws along with restrictions in the E
Energy Adams Operating Agreement, and agrees that if
the membership units or any part thereof are sold or
distributed in the future, the subscriber shall sell
or distribute them pursuant to the terms of the
Operating Agreement, and the requirements of the
Securities Act of 1933, as amended, and applicable tax
and securities laws;

4

 

	 	 	 	 	 
	            
	 	            	 	j. meets the suitability test marked in Item E.5 above
and is capable of bearing the economic risk of this
investment, including the possible total loss of the
investment;
	 
	 	 	 	 
	            
	 	            	 	k. understands that E Energy Adams will place a
restrictive legend on any certificate representing any
unit containing substantially the following language
as the same may be amended by the Directors of E
Energy Adams in their sole discretion:
	 
	 	 	 	 
	 

	 	 	 	THE TRANSFERABILITY OF THE UNITS REPRESENTED BY THIS CERTIFICATE IS
RESTRICTED. SUCH UNITS MAY NOT BE SOLD, ASSIGNED, OR TRANSFERRED,
NOR WILL ANY ASSIGNEE, VENDEE, TRANSFEREE OR ENDORSEE THEREOF BE
RECOGNIZED AS HAVING ACQUIRED ANY SUCH UNITS FOR ANY PURPOSES, UNLESS
AND TO THE EXTENT SUCH SALE, TRANSFER, HYPOTHECATION OR ASSIGNMENT IS
PERMITTED BY, AND IS COMPLETED IN STRICT ACCORDANCE WITH, APPLICABLE
STATE AND FEDERAL LAW AND THE TERMS AND CONDITIONS SET FORTH IN THE
OPERATING AGREEMENT.
	 
	 	 	 	 
	 

	 	 	 	THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE SOLD,
OFFERED FOR SALE OR TRANSFERRED IN THE ABSENCE OF EITHER AN EFFECTIVE
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND UNDER
APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL
SATISFACTORY TO THE COMPANY THAT SUCH TRANSACTION IS EXEMPT FROM
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND UNDER
APPLICABLE STATE SECURITIES LAWS.
	 
	 	 	 	 
	            
	 	            	 	l. understands that, to enforce the above legend, E Energy Adams may place a stop
transfer order with its registrar and stock transfer agent (if any) covering all
certificates representing any of the membership units;
	 
	 	 	 	 
	            
	 	            	 	m. may not transfer or assign this Subscription Agreement, or any of the subscriber’s
interest herein without the prior written consent of E Energy Adams;
n.has written his, her, or its correct taxpayer identification number under Item E.2
on this Subscription Agreement;
	 
	 	 	 	 
	            
	 	            	 	o. is not subject to back up withholding either because he, she or it has not been
notified by the Internal Revenue Service (“IRS”) that he, she or it is subject to
backup withholding as a result of a failure to report all interest or dividends, or
the IRS has notified him, her or it that he is no longer subject to backup withholding
(Note this clause (p) should be crossed out if the backup withholding box in Item E.2
is checked);
	 
	 	 	 	 
	            
	 	            	 	p. understands that execution of the attached Promissory Note and Security Agreement
will allow E Energy Adams or its assigns to pursue the obligor for payment of the
amount due thereon by any legal means, including, but not limited to, acquisition of a
judgment against the obligor in the event that the subscriber defaults on that
Promissory Note and Security Agreement; and
	 
	 	 	 	 
	            
	 	            	 	q. acknowledges that E Energy Adams may retain possession of certificates representing
subscriber’s units to perfect its security interest in those units.

5

 

	 	 	 
	Signature of Subscriber/Joint Subscriber:
	 	 
	 
	 	 
	Date:
 

	 
	 	 
	Individuals:

	 	Entities:
	 
	 	 
	 

	 	 
	 

	 	 
	Name of Individual Subscriber (Please Print)

	 	Name of Entity (Please Print)
	 
	 	 
	 

	 	 
	 

	 	 
	Signature of Individual

	 	Print Name and Title of Officer
	 
	 	 
	 

	 	 
	 

	 	 
	Name of Joint Individual Subscriber (Please Print)

	 	Signature of Officer
	 
	 	 
	  

Signature
of Joint Individual Subscriber

	 	 
	 
	 	 
	ACCEPTANCE OF SUBSCRIPTION BY E ENERGY ADAMS, LLC:
	 
	 	 
	E Energy Adams, LLC hereby accepts Subscriber’s subscription for                      units.
	 
	 	 
	Dated this                                          day of                                          , 200                    .
	 
	 	 
	E ENERGY ADAMS, LLC
	 
	 	 
	By:
 

	Its:
 

6

 

PROMISSORY NOTE AND SECURITY AGREEMENT

Date of Subscription Agreement:                                                             , 200______.

$10,000 per Unit

Minimum
Investment of 2 Units ($20,000); Units Sold in 1 Unit Increments Thereafter ($10,000
each)

                                         Number of Units Subscribed

                                         Total Purchase Price ($10,000 per unit multiplied by number of units subscribed)

  (                                  )   Less Initial Payment (10% of Principal Amount)

                                         Principal Balance

FOR VALUE RECEIVED, the undersigned hereby promises to pay to the order of E Energy Adams, LLC, a
Nebraska limited liability company (“E Energy Adams”), at its principal office located 510 Main
Street, P.O. Box 49, Adams, Nebraska 68301, or at such other place as required by E Energy Adams,
the Principal Balance set forth above in one lump sum to be paid without interest within 20 days
following the call of the E Energy Adams Board of Directors, as described in the Subscription
Agreement. In the event the undersigned fails to timely make any payment owed, the entire balance
of any amounts due under this full recourse Promissory Note and Security Agreement shall be
immediately due and payable in full with interest at the rate of 12% per annum from the due date
and any amounts previously paid in relation to the obligation evidenced by this Promissory Note and
Security Agreement may be forfeited at the discretion of E Energy Adams.

The undersigned agrees to pay to E Energy Adams on demand, all costs and expenses incurred to
collect any indebtedness evidenced by this Promissory Note and Security Agreement, including,
without limitation, reasonable attorneys’ fees. This Promissory Note and Security Agreement may
not be modified orally and shall in all respects be governed by, construed, and enforced in
accordance with the laws of the State of Nebraska.

The provisions of this Promissory Note and Security Agreement shall inure to the benefit of E
Energy Adams and its successors and assigns, which expressly reserves the right to pursue the
undersigned for payment of the amount due thereon by any legal means in the event that the
undersigned defaults on obligations provided in this Promissory Note and Security Agreement.

The undersigned waives presentment, demand for payment, notice of dishonor, notice of protest, and
all other notices or demands in connection with the delivery, acceptance, performance or default of
this Promissory Note and Security Agreement.

The undersigned grants to E Energy Adams, and its successors and assigns (“Secured Party”), a
purchase money security interest in all of the undersigned’s membership units of E Energy Adams now
owned or hereafter acquired. This security interest is granted as non-exclusive collateral to
secure payment and performance on the obligation owed Secured Party from the undersigned evidenced
by this Promissory Note and Security Agreement. The undersigned further authorizes Secured Party to
retain possession of certificates representing such membership units and to take any other actions
necessary to perfect the security interest granted herein.

	 	 	 	 	 	 	 	 	 
	Dated:                                        , 200______.	 	 	 	 	 	 
	OBLIGOR/DEBTOR:	 	JOINT OBLIGOR/DEBTOR:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	Printed or Typed Name of Joint Obligor	 	Printed or Typed Name of Obligor	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	 

(Signature)
	 	By:
	 	 

(Signature)
	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Officer Title if Obligor is an Entity	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Address of Obligor	 	 	 	 	 	 

7

 

Exhibit A

MEMBER SIGNATURE PAGE

ADDENDA

TO THE

OPERATING AGREEMENT OF

E ENERGY ADAMS, LLC

     The undersigned does hereby represent and warrant that the undersigned, as a condition to
becoming a Member in E Energy Adams, LLC, has received a copy of the Operating Agreement, dated
April 25, 2005, and, if applicable, all amendments and modifications thereto, and does hereby agree
that the undersigned, along with the other parties to the Operating Agreement, shall be subject to
and comply with all terms and conditions of said Operating Agreement in all respects as if the
undersigned had executed said Operating Agreement on the original date thereof and that the
undersigned is and shall be bound by all of the provisions of said Operating Agreement from and
after the date of execution hereof.

	 	 	 	 	 	 	 
	Individuals:	 	Entities:	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Date	 	Date	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Name of Individual Member (Please Print)	 	Name of Entity (Please Print)	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Signature of Individual	 	Print Name and Title of Officer	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Name of Joint Individual Member (Please Print)	 	Signature of Officer	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Signature of Joint Individual Member	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	Agreed to and accepted on behalf of the

Company and its Members:	 	 	 	 
	 
	 	 	 	 	 	 
	E ENERGY ADAMS, LLC	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 
	Its:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 
	Date:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00101-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00101-of-00352.parquet"}]]