AMENDED AND RESTATED OPERATING AGREEMENT OF PRAIRIE CREEK ETHANOL, LLC Dated: Effective March 13, 2007Operating Agreement • March 26th, 2007 • Prairie Creek Ethanol LLC • Iowa
THIS AMENDED AND RESTATED OPERATING AGREEMENT (the “Agreement”) is entered into and shall be effective as of the 13th day of March, 2007 (the “Effective Date”), by and among PRAIRIE CREEK ETHANOL, LLC, an Iowa limited liability company (the “Company”), each of the Persons who are identified as Members on the attached Exhibit A and who have executed a counterpart of this 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.
ESCROW AGREEMENTEscrow Agreement • March 26th, 2007 • Prairie Creek Ethanol LLC • Iowa
THIS ESCROW AGREEMENT (this "Agreement") is made this _______ day of _____________, 20____, by and between Prairie Creek Ethanol, LLC an Iowa limited liability company (“Prairie Creek”) and ____________________ as escrow agent (the “Escrow Agent”).
OPTION AGREEMENTOption Agreement • March 26th, 2007 • Prairie Creek Ethanol LLC
Option agreement made 25th day of May, 2006, between Rasmussen Family, LLC, of 160 Running Spring Drive, Palm Desert, California (the "Seller"), and Gold-Eagle Cooperative, of 415 N Locust Street, PO Box 280, Goldfield, Iowa (the "Buyer").
ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • March 26th, 2007 • Prairie Creek Ethanol LLC
THIS ASSIGNMENT AND ASSUMPTION AGREEMENT is made and effective the 26th of May, 2006 by and between Gold-Eagle Cooperative (Gold-Eagle) (the Assignor) and Prairie Creek Ethanol, LLC (Assignee).
ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • March 26th, 2007 • Prairie Creek Ethanol LLC
THIS ASSIGNMENT AND ASSUMPTION AGREEMENT is made and effective the 31st day of May, 2006 by and between Gold-Eagle Cooperative (Gold-Eagle) (the Assignor) and Prairie Creek Ethanol, LLC (Assignee).
OPTION AGREEMENTOption Agreement • March 26th, 2007 • Prairie Creek Ethanol LLC
Option agreement made 26th day of May, 2006, between David Kirsch and Susan Kirsch, husband and wife and Darrell Kirsch and Dawn Kirsch, husband and wife, of Wesley, Iowa (the "Seller"), and Gold-Eagle Cooperative, of 415 N Locust Street, PO Box 280, Goldfield, Iowa (the "Buyer").
PRAIRIE CREEK ETHANOL, LLC SUBSCRIPTION AGREEMENT Limited Liability Company Membership Units $5,000 per Unit Minimum Investment of 2 Units ($10,000)Subscription Agreement • March 26th, 2007 • Prairie Creek Ethanol LLC
The undersigned subscriber ("Subscriber"), desiring to become a member of Prairie Creek Ethanol, LLC (“Prairie Creek”), an Iowa limited liability company, with its principal place of business at 415 N. Locust Street, PO Box 280, Goldfield, Iowa 50542 hereby subscribes for the purchase of membership units of Prairie Creek, and agrees to pay the related purchase price, identified below.
