Document:

Exhibit 4.1

FOURTH AMENDMENT

TO

LINE OF CREDIT
LOAN AGREEMENT

THIS FOURTH AMENDMENT TO LINE OF CREDIT LOAN AGREEMENT
(“Fourth Amendment”) is made effective as of June 30, 2006, by and between MGP
INGREDIENTS, INC. (“Company”) and COMMERCE BANK, N.A. (“Bank”).

WHEREAS, Company and Bank entered into that certain
Line of Credit Loan Agreement dated November 25, 2003, as amended pursuant to (i)
that certain First Amendment to Line of Credit Loan Agreement dated September 17,
2004, (ii) that certain Second Amendment to Line of Credit Loan Agreement dated
as of November 30, 2004 and (iii) that certain Third Amendment to Line of
Credit Loan Agreement dated as of September *, 2005 (as previously amended, the
“Loan Agreement”);

WHEREAS, pursuant to the terms of the Loan Agreement,
the Line of Credit matures on July 1, 2006, and all sums outstanding on such
date shall become due and payable in full; and

WHEREAS, Company desires to extend the maturity of and
amend the Line of Credit as hereinafter set forth.

NOW, THEREFORE,
Company, and Bank agree as follows:

1.      Terms
used herein, which are defined in the Loan Agreement, shall have the meanings
given to them in the Loan Agreement.

2.      The first
sentence to Section 1.3 of the Loan Agreement is hereby amended to read in its
entirety as follows:

The Line of Credit
shall be evidenced by the Fourth Amended and Restated Line of Credit Note in
form and substance acceptable to Bank (the “Line of Credit Note”).

3.      Section 1.4
of the Loan Agreement is hereby amended to read in its entirety as follows:

Upon the
occurrence of an Event of Default as defined in Section 4.1, or on July 1,
2007, the outstanding principal balance of the Line of Credit Note together
with all accrued interest shall become immediately due and payable in full.

4.      Except to
the extent specifically amended by this Fourth Amendment, the Loan Agreement
shall remain in full force and effect.

 

5.      ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO
FORBEAR FROM ENFORCING REPAYMENT OF A DEBT, INCLUDING PROMISES TO EXTEND OR
RENEW SUCH DEBT, ARE NOT ENFORCEABLE. TO PROTECT YOU (BORROWER) AND US
(CREDITOR) FROM MISUNDERSTANDINGS OR DISAPPOINTMENTS, ANY AGREEMENTS WE REACH
COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND
EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US EXCEPT AS WE MAY LATER AGREE IN
WRITING TO MODIFY IT.

BY SIGNING BELOW, YOU AND WE AGREE THAT THERE ARE NO
UNWRITTEN ORAL AGREEMENTS BETWEEN US.

6.      This
Fourth Amendment shall be governed by, and construed in accordance with, the
laws of the State of Missouri.

IN WITNESS WHEREOF, the parties hereto have caused
this Fourth Amendment to be executed by their respective officers as of the
date written above.

	
  

  	
  MGP INGREDIENTS, INC.

  
	
   

  	
   

  
	
   

  	
  By: /s/ Ladd M. Seaberg

  
	
   

  	
  Title: President & CEO

  
	
   

  	
   

  
	
   

  	
  By: /s/  Brian T. Cahill

  
	
   

  	
  Title: CFO

  
	
   

  	
   

  
	
   

  	
  COMMERCE BANK, N.A.

  
	
   

  	
   

  
	
   

  	
  By: /s/  Wayne C. Lewis

  
	
   

  	
  Title: Vice President

  

 

 2
 

 

FOURTH AMENDED AND
RESTATED LINE OF CREDIT NOTE

	
  $20,000,000

  	
  June    ,
  2006

  
	
  Maximum Amount and Interest

  	
  Kansas City, Missouri

  

 

FOR VALUE RECEIVED, the undersigned, MGP INGREDIENTS,
INC., a Kansas corporation (“Borrower”) hereby promises to pay to the order of
Commerce Bank, N.A. (“Bank”) at its offices in Kansas City, Missouri, the
aggregate unpaid principal amount and accrued interest of all borrowings
hereunder on July 1, 2007. The aggregate unpaid principal amount shall become
immediately due and payable, without demand or further action on the part of
Bank, upon the occurrence of an Event of Default as set forth in the Line of
Credit Loan Agreement dated November 25, 2003, as amended pursuant to (i) that
certain First Amendment to Line of Credit Loan Agreement dated September 17,
2004, by and between Borrower and Bank, (ii) that certain Second Amendment to
Line of Credit Loan Agreement dated as of November 30, 2004, (iii) that certain
Third Amendment to Line of Credit Loan Agreement dated as of September *, 2005,
and (iv) that certain Fourth Amendment to Line of Credit Loan Agreement of even
date herewith, by and between Borrower and Bank (as previously amended, the “Loan
Agreement”).

This Fourth Amended and Restated Line of Credit Note
shall bear interest at the per annum rates as set forth in the Loan Agreement. Accrued
interest shall be paid on the days provided therefor in the Loan Agreement and
upon the due date and payment (including prepayment) in full of the unpaid
principal amount hereof. Accrued interest shall be calculated on the actual
number of days outstanding based on a year consisting of 360 days. After
maturity (whether by acceleration or otherwise), this Fourth Amended and
Restated Line of Credit Note shall bear interest at 3% in excess of the Prime
Rate (as that term is defined in the Loan Agreement), and if not paid monthly,
such interest shall be compounded monthly.

So long as the Loan Agreement has not been terminated,
Borrower may, from the date of this Fourth Amended and Restated Line of Credit
Note until and including July 1, 2007, borrow, repay and reborrow sums, at any
one time outstanding, not to exceed $20,000,000. Bank is authorized to endorse
on the schedule annexed hereto and made a part hereof, or on a continuation
thereof, or to otherwise record in a manner satisfactory to the Bank,
appropriate notations evidencing the date and amount of each advance, and the
date and amount of each payment, which endorsement or recording shall
constitute prima facie evidence of the accuracy of the information endorsed or
recorded; provided, however, that the failure to make such notations or
recordings shall not affect the obligations of Borrower under this Fourth
Amended and Restated Line of Credit Note or the Loan Agreement or affect the
validity of any payment with respect thereto.

Borrower hereby waives presentment, protest, demand
and notice of dishonor or default.

 3
 

 

This Fourth Amended and Restated Line of Credit Note
is issued pursuant to the terms of the Loan Agreement, to which Loan Agreement,
and any amendments thereto, reference is hereby made for a statement of the
terms and conditions under which this borrowing was made, and is to be repaid.

IN WITNESS WHEREOF, Borrower has duly caused this
Fourth Amended and Restated Line of Credit Note to be executed and delivered as
of the date first written above.

	
  

  	
  MGP INGREDIENTS, INC.

  
	
   

  	
   

  
	
   

  	
  By: /s/  Ladd M. Seaberg

  
	
   

  	
  Title: President & CEO

  
	
   

  	
   

  
	
   

  	
  By: /s/  Brian T. Cahill

  
	
   

  	
  Title: CFO

  

 

 4Exhibit 10.1

	
  

  	
  Overstock.com, Inc.

  
	
   

  	
  6350 South 3000 East

  
	
   

  	
  Salt Lake City, UT 84121

  
	
   

  	
  Phone: (801) 947-3100

  
	
  

  	
  Fax: (801) 944-4629

  

 

June 30, 2006

Jonathan Cardella

Alan Mao

OTravel.com, Inc.

6350 S. 3000 E.

Salt Lake City, UT 84121

James Moyle

Thomas Raudorf

Joe Illescas

OTravel.com, Inc.

1700 Park Avenue

Park City, UT 84060

Re:                             Letter
Agreement Regarding that Escrow Agreement Dated July 1, 2005 by and
between Overstock.com, Inc. and Jonathan Cardella, James Moyle, Thomas
Raudorf, Joe Illescas and Alan Mao

Messrs Cardella,
Moyle, Raudorf, Illescas and Mao:

This letter
agreement (“Letter Agreement”) sets forth the understanding between
Overstock.com, Inc. (“Purchaser”) and Jonathan Cardella, James Moyle,
Thomas Raudorf, Joe Illescas and Alan Mao (“Sellers”) with respect to that
Escrow Agreement dated July 1, 2005 as contemplated in the Stock Purchase
Agreement (“SPA”) dated June 24, 2005 by and among Purchaser and Sellers.

Sellers agree to
allow Purchaser to make an unspecified Claim in the amount of $750,000.00 (“Reserved
Claim”) against the Escrow Fund ($1,875,000 plus increases of any earnings
thereon) and for which Sellers will not submit a Counter Notice in exchange for
Purchaser capping any and all past, present and future liabilities of Sellers
arising out of the SPA and any documents relating thereto at $750,000.00. The
Reserved Claim shall remain in escrow until June 29, 2007 at which time
the parties shall mutually agree on how the Reserved Claim shall be disbursed
or whether there is reason to extend. Purchaser and Sellers shall be jointly
responsible (50% for Purchaser and 50% for Sellers) to pay all Escrow Agent
compensation. All terms of the Escrow Agreement and Stock Purchase Agreement
not modified herein shall remain in effect. However, for avoidance of doubt all
Claims made prior to June 29, 2007 shall survive. This Letter Agreement is
intended to be relied upon only by Escrow Agent, Purchaser and Seller, their
successors and assigns, but shall in no way be interpreted to benefit any other
third party. This 

 

 

Letter Agreement
may be executed in any number of counterparts, each of which shall be deemed an
original and together which shall constitute one and the same instrument.

	
  Sincerely,

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  /s/ Jonathan E. Johnson, III

  	
   

  	
   

  	
   

  
	
  Jonathan E. Johnson, III

  	
   

  	
   

  	
   

  
	
  SVP, Corporate Affairs

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  AGREED TO AND ACCEPTED BY:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  /s/ Jonathan Cardella

  	
   

  	
  6/30/06

  	
   

  
	
  Jonathan Cardella

  	
   

  	
  Date

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  /s/ James Moyle

  	
   

  	
  6/30/06

  	
   

  
	
  James Moyle

  	
   

  	
  Date

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  /s/ Thomas Raudorf

  	
   

  	
  6/30/06

  	
   

  
	
  Thomas Raudorf

  	
   

  	
  Date

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  /s/ Joe Illescas

  	
   

  	
  6/30/06

  	
   

  
	
  Joe Illescas

  	
   

  	
  Date

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  /s/ Alan Mao

  	
   

  	
  6/30/06

  	
   

  
	
  Alan Mao

  	
   

  	
  Date

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