0000950137-07-001088 Sample Contracts

MASTER LOAN AGREEMENT by and among CENTRAL IOWA ENERGY, LLC and F & M BANK — IOWA dated as of September 26, 2006
Master Loan Agreement • January 29th, 2007 • Central Iowa Energy, LLC • Iowa

THIS MASTER LOAN AGREEMENT (this “Agreement”), dated as of September 26, 2006, between F & M BANK — IOWA, a bank chartered under the laws of the State of Iowa (the “Lender”) and CENTRAL IOWA ENERGY, LLC, an Iowa limited liability company (the “Borrower”).

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CENTRAL IOWA ENERGY, LLC OPERATING AGREEMENT
Operating Agreement • January 29th, 2007 • Central Iowa Energy, LLC • Iowa

THIS OPERATING AGREEMENT (the “Agreement”) is entered into and shall be effective as of the 4th day of August, 2005, by and among Central Iowa Energy, LLC, an Iowa limited liability company (the “Company”), each of the Persons (as hereinafter defined) who are identified as Members on the attached Exhibit “A” and who have executed a counterpart of this Agreement and a Subscription Agreement, and any other Persons as may from time-to-time be subsequently admitted as a Member of the Company in accordance with the terms of this Agreement. Capitalized terms not otherwise defined herein shall have the meaning set forth in Section 1.10.

THIRD SUPPLEMENT TO THE MASTER LOAN AGREEMENT (REVOLVING LINE OF CREDIT LOAN)
Master Loan Agreement • January 29th, 2007 • Central Iowa Energy, LLC

THIS THIRD SUPPLEMENT TO THE MASTER LOAN AGREEMENT (this “Third Supplement”), dated as of September 26, 2006, is between F & M BANK-IOWA, a bank chartered under the laws of Iowa (the “Lender”) and CENTRAL IOWA ENERGY, LLC, an Iowa limited liability company (the “Borrower”), and supplements and incorporates all of the provisions of that certain Master Loan Agreement, dated as of even date herewith, between the Lender and the Borrower (as the same may be amended, modified, supplemented, extended or restated from time to time, the “MLA”).

FIRST SUPPLEMENT TO THE MASTER LOAN AGREEMENT (CONSTRUCTION AND TERM LOAN)
Master Loan Agreement • January 29th, 2007 • Central Iowa Energy, LLC

THIS FIRST SUPPLEMENT TO THE MASTER LOAN AGREEMENT (this “First Supplement”), dated as of September 26, 2006, is between F & M BANK-IOWA (the “Lender”) and CENTRAL IOWA ENERGY, LLC, an Iowa limited liability company (the “Borrower”), and supplements and incorporates all of the provisions of that certain Master Loan Agreement, dated as of even date herewith, between the Lender and the Borrower (as the same may be amended, modified, supplemented, extended or restated from time to time, the “MLA”).

MANAGEMENT AND OPERATIONAL SERVICES AGREEMENT
Management and Operational Services Agreement • January 29th, 2007 • Central Iowa Energy, LLC • Iowa

This Management and Operational Services Agreement (“Agreement”) is made and entered into as of the 22nd day of August, 2006, by and between Renewable Energy Group, Inc., a corporation organized and existing under the laws of the state of Delaware, with offices at Ralston, Iowa (“REG, Inc.”), and Central Iowa Energy, LLC, a limited liability company organized and existing under the laws of the state of Iowa, with offices at Newton, Iowa (“Central Iowa Energy”).

AGREEMENT FOR PRIVATE REDEVELOPMENT By and Between JASPER COUNTY, IOWA AND CENTRAL IOWA ENERGY, LLC
Minimum Assessment Agreement • January 29th, 2007 • Central Iowa Energy, LLC • Iowa

THIS AGREEMENT FOR PRIVATE REDEVELOPMENT (hereinafter called “Agreement”), is made on or as of the 21st day of November, 2006, by and among the COUNTY OF JASPER, IOWA, a political subdivision (hereinafter called “County”) of the State of Iowa acting under the authorization of Chapter 403 of the Code of Iowa, 2005, as amended (hereinafter called “Urban Renewal Act”) and CENTRAL IOWA ENERGY, LLC, an Iowa limited liability company having an office for the transaction of business at 3426 East 28th Street North, Newton, Iowa (the “Developer”).

PRELIMINARY INDUSTRIAL NEW JOBS TRAINING AGREEMENT
Preliminary Industrial New Jobs Training Agreement • January 29th, 2007 • Central Iowa Energy, LLC • Iowa

This Preliminary Training Agreement (the “Agreement”) made and entered into as of [DATE] January 1, 2007 between Des Moines Area Community College (Merged Area XI), Ankeny, Iowa (“Area School”) and [COMPANY NAME] Central Iowa Energy (“Employer”), under the following circumstances:

ASSIGNMENT OF DESIGN-BUILD AGREEMENT
Assignment of Design-Build Agreement • January 29th, 2007 • Central Iowa Energy, LLC

This ASSIGNMENT OF DESIGN-BUILD AGREEMENT (the “Assignment”) is made this 26th day of September, 2006, by and between CENTRAL IOWA ENERGY, LLC, an Iowa limited liability company (the “Company”) and F & M BANK — IOWA, a bank chartered under the laws of the State of Iowa (the “Lender”).

SECOND SUPPLEMENT TO THE MASTER LOAN AGREEMENT (TERM REVOLVING LOAN)
Master Loan Agreement • January 29th, 2007 • Central Iowa Energy, LLC

THIS SECOND SUPPLEMENT TO THE MASTER LOAN AGREEMENT (this “Second Supplement”), dated as of September 26, 2006, is between F & M BANK-IOWA, a bank chartered under the laws of Iowa (the “Lender”) and CENTRAL IOWA ENERGY, LLC, an Iowa limited liability company (the “Borrower”), and supplements and incorporates all of the provisions of that certain Master Loan Agreement, dated as of even date herewith, between the Lender and the Borrower (as the same may be amended, modified, supplemented, extended or restated from time to time, the “MLA”).

FIRST AMENDMENT TO MANAGEMENT AND OPERATIONAL SERVICES AGREEMENT
Management and Operational Services Agreement • January 29th, 2007 • Central Iowa Energy, LLC

This First Amendment to Management and Operational Services Agreement (the “First Amendment”) is made and entered into as of the 26th day of September, 2006 by and between Renewable Energy Group, Inc., a corporation organized and existing under the law sof the state of Delaware, with offices at Ralston, Iowa (“REG, Inc.”), and Central Iowa Energy, LLC, a limited liability company organized and existing under the laws of the state of Iowa, with offices at Newton, Iowa (“Central Iowa Energy”).

ASSIGNMENT OF MANAGEMENT AND OPERATIONAL SERVICES AGREEMENT
Assignment of Management and Operational Services Agreement • January 29th, 2007 • Central Iowa Energy, LLC

This ASSIGNMENT OF MANAGEMENT AND OPERATIONAL SERVICES AGREEMENT (the “Assignment”) is made this 26th day of September, 2006, by and between CENTRAL IOWA ENERGY, LLC, an Iowa limited liability company (the “Company”) and F & M BANK — IOWA, a bank chartered under the laws of the State of Iowa (the “Lender”).

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