Pacific Ethanol, Inc. Sacramento, CA 95814 March 27, 2013Letter Agreement • May 15th, 2013 • Pacific Ethanol, Inc. • Industrial organic chemicals • Delaware
This letter agreement (the “Letter Agreement”) is provided with respect to certain rights of the undersigned holders (collectively, the “Holders”) of shares of Series B Cumulative Convertible Preferred Stock, $.001 par value per share (the “Series B Preferred Stock”), of Pacific Ethanol, Inc. (the “Company”) under the Company’s Certificate of Designations, Powers, Preferences, and Rights of the Series B Cumulative Convertible Preferred Stock (the “Series B Certificate of Designations”).
