SEC Contract Filing

Filing Date: 2019-05-10

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ck0001325740-ex101_50.htm
<DESCRIPTION>EX-10.1
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ck0001325740-ex101_50.htm
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">EXHIBIT 10.1</p>
<p style="text-align:left;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;text-transform:none;letter-spacing:0pt;font-weight:bold;font-size:12pt;letter-spacing:-0.5pt;font-family:Times New Roman;font-variant: normal;">*Certain identified information has been excluded from this exhibit because it is both (i) not material, and (ii) would likely cause competitive harm if publicly disclosed.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-align:center;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;">&nbsp;</p>
<p style="margin-top:0pt;text-align:center;margin-bottom:12pt;text-indent:0%;font-weight:bold;font-size:12pt;text-transform:uppercase;letter-spacing:-0.5pt;font-family:Times New Roman;font-style:normal;font-variant: normal;">Second Amendment to<br />Grain Origination Agreement </p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:7.69%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">This Second Amendment to the Grain Origination Agreement <font style="font-weight:normal;">(&#8220;Amendment&#8221;), is made and entered into as of the 16th day of April, 2019, between ABE South Dakota, LLC, a Delaware limited liability company, as successor in interest to Heartland Grain Fuels, L.P., a Delaware limited partnership (&#8220;ABE South Dakota&#8221;), and Agtegra Cooperative, a South Dakota cooperative, formerly known as South Dakota Wheat Growers Association (&#8220;Agtegra&#8221;). ABE South Dakota and Agtegra are sometimes referred to herein collectively as the &#8220;Parties&#8221; or individually as a &#8220;Party.&#8221; </font></p>
<p style="text-align:center;margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;text-transform:uppercase;letter-spacing:-0.5pt;font-family:Times New Roman;font-style:normal;font-variant: normal;">BACKGROUND</p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, ABE South Dakota and Agtegra are parties to that certain Grain Origination Agreement dated as of November 8, 2006, as amended by an Amendment to Grain Origination Agreement dated as of October 1, 2007 (as amended the &#8220;Agreement&#8221;);</p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, under the Agreement, ABE South Dakota and Agtegra agreed that Agtegra would supply grain to ABE South Dakota ethanol plants in Huron, South Dakota and Aberdeen, South Dakota;</p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, pursuant to Section 3 of the Agreement, the term of the Agreement was automatically renewed for a three-year period on November 8, 2016 for both the Aberdeen and Huron ethanol plants;</p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, pursuant to written notice of termination dated May 4, 2018, ABE South Dakota terminated the Agreement with respect to the Aberdeen ethanol plant, effective as of November 8, 2019;</p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, ABE South Dakota and Agtegra wish to amend the Agreement effective as of November 8, 2019, with respect to the terms and conditions applicable to the Huron ethanol plant;</p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, all capitalized terms used but not otherwise defined herein have the meanings assigned in the Agreement.</p>
<p style="text-align:center;margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;text-transform:uppercase;letter-spacing:-0.5pt;font-family:Times New Roman;font-style:normal;font-variant: normal;">AGREEMENT</p>
<p style="margin-bottom:12pt;margin-top:12pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">NOW THEREFORE, in consideration of the agreements herein made and for other good and valuable consideration, the Parties acknowledge and agree as follows:</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU2"></a><font style="font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.</font><font style="margin-left