SEC Contract Filing

Filing Date: 2017-07-14

Document Content:
<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>8
<FILENAME>amtx_ex107.htm
<DESCRIPTION>FORM OF INTERCOMPANY REVOLVING PROMISSORY NOTE
<TEXT>
<html>
<head>
<!-- Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com -->
<!-- Copyright 2017 Issuer Direct Corporation -->
<title>Blueprint</title>
</head>
<body style="font-family: Times New Roman; font-size: 13px;">
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="hdr">
<div style="text-align: left; width: 100%; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</div>
</div>
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Exhibit 10.7</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
INTERCOMPANY REVOLVING PROMISSORY NOTE</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div>
<table cellpadding="0" cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 13px">
<tr>
<td style="vertical-align: top; width: 75%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">June
__, 2017</font></div>
</td>
<td style="vertical-align: top; width: 25%">
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">$[TBD]</font></div>
</td>
</tr></table>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 24px">
<font style="font-family: Times New Roman; font-size: 13px">FOR
VALUE RECEIVED, and subject to the terms and conditions set forth
herein, Aemetis, Inc., a Delaware corporation (the
&#x201C;<font style="text-decoration: underline; color: #000000">Borrower</font>&#x201D;),
hereby unconditionally promises to pay to the order of Goodland
Advanced Fuels, Inc., a Delaware corporation, or its assigns (the
&#x201C;<font style="text-decoration: underline; color: #000000">Holder</font>&#x201D;,
and together with the Borrower, the &#x201C;<font style="text-decoration: underline; color: #000000">Parties</font>&#x201D;),
the principal amount of <font style="font-weight: bold">[Ten
Million Dollars]</font> ($<font style="font-weight: bold">[10,000,000]</font>) (the &#x201C;<font style="text-decoration: underline; color: #000000">Loan</font>&#x201D;)
or, if less, then the aggregate of such amounts the Holder has
disbursed to the Borrower pursuant to <font style="text-decoration: underline">Section</font><font style="font-weight: bold; text-decoration: underline">&#xA0;</font><font style="text-decoration: underline">2.2</font>,
together with all accrued interest thereon, as provided in this
Intercompany Revolving Promissory Note (the &#x201C;<font style="text-decoration: underline; color: #000000">Note</font>&#x201D;).</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="margin-left: 0px; text-indent: 0px"><font style="font-family: Times New Roman; font-size: 13px">1.</font><font id="tab2" style="letter-spacing: 12px; color: black">&#xA0;</font><font style="font-family: Times New Roman; font-size: 13px"><font style="text-decoration: underline">Definitions</font>. Capitalized terms
used herein shall have the meanings set forth in this <font style="text-decoration: underline">Section 1</font>.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 24px">
<font style="font-family: Times New Roman; font-size: 13px">&#x201C;<font style="text-decoration: underline; color: #000000">Advance</font>&#x201D;&#xA0;means
each disbursement made by the Holder to the Borrower pursuant to
<font style="text-decoration: underline">Section
2.2</font>.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 24px">
<font style="font-family: Times New Roman; font-size: 13px">&#x201C;<font style="text-decoration: underline; color: #000000">Borrowing
Notice</font>&#x201D;&#xA0;has the meaning set forth in <font style="text-decoration: underline">Section 2.2</font>.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 24px">
<font style="font-family: Times New Roman; font-size: 13px">&#x201C;<font style="text-decoration: underline; color: #000000">Business
Day</font>&#x201D;&#xA0;means a day other than a Saturday, Sunday or
other day on which commercial banks in New York, New York are
authorized or required by law to close.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 24px">
<font style="font-family: Times New Roman; font-size: 13px">&#x201C;<font style="text-decoration: underline; color: #000000">Commitment
Period</font>&#x201D;&#xA0;means the period from the date hereof to
the earlier of (a) the Maturity Date, (b) the date, if any, on
which the Noteholders have no further obligation to make loans
under the Note Purchase Agreement or (c)