Document:

Exhibit 10.2

		

			Exhibit 10.2

		

		
			FIFTH AMENDMENT TO
		

		
			CREDIT AGREEMENT
		

		
			 
		

		
			 
		

		
			            THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into to be effective as of June 27, 2013 (the “Effective Date”), among GREEN PLAINS ORD LLC, a Delaware limited liability company (“GPO”), GREEN PLAINS HOLDINGS LLC, a Delaware limited liability company (“Holdings” and together with GPO the “Borrower”), AGSTAR FINANCIAL SERVICES, PCA (“AgStar”) and the other commercial, banking or financial institutions whose signatures appear on the signature pages to the Credit Agreement (collectively, the “Banks”), and AGSTAR FINANCIAL SERVICES, PCA, and its successors and assigns, as Administrative Agent for itself and the other Banks (“Agent”).    
		

		
			 
		

		
			RECITALS
		

		
			 
		

		
			            A.            Borrower, Agent and the Banks entered into a Credit Agreement dated as of July 2, 2009, a First Amendment to Credit Agreement dated as of June 30, 2011, a Second Amendment to Credit Agreement dated as of June 30, 2011, a Third Amendment to Credit Agreement dated as of June 28, 2012, and a Fourth Amendment to Credit Agreement dated as of September 28, 2012 (together, as amended, restated or otherwise modified from time to time, the “Credit Agreement”) under which the Banks agreed to extend certain financial accommodations to Borrower.  
		

		
			 
		

		
			            B.              At the request of Borrower, the Banks have agreed to make certain modifications to the Credit Agreement in accordance with the terms and conditions of this Amendment.
		

		
			 
		

		
			            C.            All terms used and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement.
		

		
			 
		

		
			AGREEMENT
		

		
			 
		

		
			1.        Credit Agreement Amendments.  As of the Effective Date: 
		

		
			 
		

		
			                        a.                    The following defined term as used in the Credit Agreement and other Loan Documents shall be amended, restated and replaced by the following: 
		

		
			 
		

		
			“Revolving Line of Credit Loan Maturity Date”  means August 26, 2013.
		

		
			 
		

		
			b.            Section 2.13 of the Credit Agreement is hereby amended and restated as follows:
		

		
			 
		

		
			Section 2.13.            Prepayment of Loans.  The Borrowers may, at any time and from time to time, prepay the outstanding amount of the Loans in whole or in part with accrued interest to the date of such prepayment on the amount prepaid, without fee or premium, except as provided in Section 2.19.   Any prepayment does not otherwise affect Borrowers’ obligation to pay any fees due under this Agreement or under any other Loan Document. In addition, in the event any Loan is converted to a Fixed Rate Loan, the Borrowers shall pay the prepayment fee applicable to that fixed interest rate, if any.  In the event the Required Banks have agreed in writing to reduce the maximum amount of the Term Revolving Loan or the Revolving Line of Credit Loan available to Borrowers, the Term Revolving Loan Commitment or the Revolving Line of Credit Loan Commitment 
		

		 

		

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			Exhibit 10.2

		

		of each Bank holding such Commitment shall be reduced on a pro rata basis according to each Bank’s respective Pro Rata Share. 
		

		
			 
		

		
			2.        Effect on Credit Agreement.    Except as expressly amended by this Amendment, all of the terms of the Credit Agreement shall be unaffected by this Amendment and shall remain in full force and effect.  Nothing contained in this Amendment shall be deemed to constitute a waiver of any rights of the Banks or to affect, modify, or impair any of the rights of the Banks as provided in the Credit Agreement. 
		

		
			 
		

		
			3.        Conditions Precedent to Effectiveness of this Amendment.  The obligations of the Banks hereunder are subject to the conditions precedent that Agent shall have received the following, in form and substance satisfactory to Agent:
		

		
			 
		

		
			a.        this Amendment duly executed by Borrower and Agent; 
		

		
			 
		

		
			b.        payment in cash of an amendment fee in the amount of $25,000.00; and
		

		
			 
		

		
			c.         all other documents, instruments, or agreements required to be delivered to Agent under the Credit Agreement and not previously delivered to Agent.  
		

		
			 
		

		
			4.       Representations and Warranties of Borrower.  Borrower hereby agrees with, reaffirm, and acknowledge as follows:
		

		
			 
		

		
			a.        The execution, delivery and performance by Borrower of this Amendment is within Borrower’s power, has been duly authorized by all necessary action, and does not contravene:  (i) the certificates of formation or operating agreements of Borrower; or (ii) any law or any contractual restriction binding on or affecting Borrower; and does not result in or require the creation of any lien, security interest or other charge or encumbrance upon or with respect to any of its properties;
		

		
			 
		

		
			b.        This Amendment is, and each other Loan Document to which Borrower is a party when delivered will be, legal, valid and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity; and
		

		
			 
		

		
			c.        All other representations, warranties and covenants contained in the Credit Agreement and the other Loan Documents are true and correct and in full force and effect. 
		

		
			 
		

		
			5.        Counterparts.  It is understood and agreed that this Amendment may be executed in counterparts each of which shall, for all purposes, be deemed an original and all of which, taken together, shall constitute one and the same agreement even though all of the parties hereto may not have executed the same counterpart of this Amendment.  Electronic delivery of an executed counterpart of a signature page to this Amendment shall be effective as delivery of an original executed counterpart to this Amendment. 
		

		
			 
		

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

		
			 
		

		
			[SIGNATURE PAGE TO IMMEDIATELY FOLLOW THIS PAGE]
		

		
			 
		

		

		

		 

		

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			Exhibit 10.2

		

		SIGNATURE PAGE TO
		

		
			FIFTH AMENDMENT TO CREDIT AGREEMENT
		

		
			BY AND AMONG
		

		
			GREEN PLAINS ORD LLC (as Borrower),  
		

		
			GREEN PLAINS HOLDINGS LLC (as Borrower),
		

		
			AGSTAR FINANCIAL SERVICES, PCA (AS AGENT), AND 
		

		
			THE BANKS
		

		
			 
		

		
			Dated to be effective as of June 27, 2013
		

		
			 
		

		
			BORROWER:
		

		
			 
		

		
			GREEN PLAINS ORD LLC,
		

		
			a Delaware limited liability company
		

		
			 
		

		
			 
		

		
			 
		

		
			_/s/ Jerry L. Peters_____________
		

		
			By:  Jerry L. Peters 
		

		
			Its: Chief Financial Officer 
		

		
			 
		

		
			and
		

		
			 
		

		
			GREEN PLAINS HOLDINGS LLC,
		

		
			a  Delaware limited liability company
		

		
			 
		

		
			 
		

		
			 
		

		
			_/s/ Jerry L. Peters_____________
		

		
			By:  Jerry L. Peters 
		

		
			Its: Chief Financial Officer 
		

		
			 
		

		
			 
		

		

		

		 

		

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			Exhibit 10.2

		

		SIGNATURE PAGE TO
		

		
			FIFTH AMENDMENT TO CREDIT AGREEMENT
		

		
			BY AND AMONG
		

		
			GREEN PLAINS ORD LLC (as Borrower),  
		

		
			GREEN PLAINS HOLDINGS LLC (as Borrower),
		

		
			AGSTAR FINANCIAL SERVICES, PCA (AS AGENT), AND 
		

		
			THE BANKS
		

		
			 
		

		
			Dated to be effective as of June 27, 2013
		

		
			 
		

		
			 
		

		
			 
		

		
			AGENT:
		

		
			 
		

		
			AGSTAR FINANCIAL SERVICES, PCA,
		

		
			as Administrative Agent
		

		
			 
		

		
			 
		

		
			_/s/ Ron Monson_____________
		

		
			By: Ron Monson
		

		
			Its: Vice President
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		 

		

			4KOG Ex 4.1 06.30.2013 10Q

EXHIBIT 4.1

SUPPLEMENTAL INDENTURE

dated as of July 30, 2013

among

KODIAK OIL & GAS CORP.,

KODIAK WILLISTON, LLC,

KOG FINANCE, LLC,

U.S. BANK NATIONAL ASSOCIATION,
as Trustee

Computershare Trust Company of Canada
as Canadian Trustee

8.125% Senior Notes due 2019

THIS SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), entered into as of July 30, 2013, among KODIAK OIL & GAS CORP., a Yukon corporation (the “Company”), KODIAK WILLISTON, LLC, a Delaware limited liability company, KOG FINANCE, LLC, a Delaware limited liability company (each an “Undersigned”), U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”) and COMPUTERSHARE TRUST COMPANY OF CANADA, as Canadian Trustee (the “Canadian Trustee”).
RECITALS
WHEREAS, the Company, the Subsidiary Guarantors party thereto and the Trustee entered into the Indenture, dated as of November 23, 2011 (the “Indenture”), relating to the Company's 8.125% Senior Notes due 2019 (the “Notes”); 
WHEREAS, as a condition to the Trustee entering into the Indenture and the purchase of the Notes by the Holders, the Company agreed pursuant to the Indenture to cause any newly acquired or created Domestic Restricted Subsidiaries to provide Subsidiary Guarantees.
AGREEMENT
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained and intending to be legally bound, the parties to this Supplemental Indenture hereby agree as follows:
Section 1.  Capitalized terms used herein and not otherwise defined herein are used as defined in the Indenture.
Section 2.  Each Undersigned, by its execution of this Supplemental Indenture, agrees to be a Subsidiary Guarantor under the Indenture and to be bound by the terms of the Indenture applicable to Subsidiary Guarantors, including, but not limited to, Article 10 thereof.
Section 3.  This Supplemental Indenture shall be governed by and construed in accordance with the laws of the State of New York.
Section 4.  This Supplemental Indenture may be signed in various counterparts which together shall constitute one and the same instrument.
Section 5.  This Supplemental Indenture is an amendment supplemental to the Indenture and the Indenture and this Supplemental Indenture shall henceforth be read together.
Section 6.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Company and each of the Undersigned.

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed as of the date first above written.
	
			
	KODIAK OIL & GAS CORP., as Issuer

	By:
	/s/ James P. Henderson

	 
	Name:
	James P. Henderson

	 
	Title:
	Chief Financial Officer, Secretary and Treasurer

	
			
	KODIAK WILLISTON, LLC

	By:
	/s/ James P. Henderson

	 
	Name:
	James P. Henderson

	 
	Title:
	Chief Financial Officer, Secretary and Treasurer

	
			
	KOG FINANCE, LLC

	By:
	/s/ James P. Henderson

	 
	Name:
	James P. Henderson

	 
	Title:
	Chief Financial Officer, Secretary and Treasurer

	
			
	U.S. BANK NATIONAL ASSOCIATION, as Trustee

	By:
	/s/ Carolyn Morrison

	 
	Name:
	Carolyn Morrison

	 
	Title:
	Vice President

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