0001193125-04-167614 Sample Contracts

MASTER LOAN AGREEMENT
Master Loan Agreement • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers • Colorado

THIS MASTER LOAN AGREEMENT is entered into as of May 5, 2004, between CoBANK, ACB (“CoBank”) and FGDI, L.L.C., West Des Moines, Iowa, (the “Company”).

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MASTER LOAN AGREEMENT
Master Loan Agreement • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers • Colorado

THIS MASTER LOAN AGREEMENT is entered into as of September 1, 1999 between CoBANK, ACB (“CoBank”) and PETROUS, L.L.C. Des Moines, Iowa (the “Company”).

STATUSED REVOLVING CREDIT SUPPLEMENT
Credit Supplement • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers

THIS SUPPLEMENT to the Master Loan Agreement dated May 5, 2004 (the “MLA”), is entered into as of May 5, 2004, between CoBANK, ACB (“CoBank”) and FGDI, L.L.C., West Des Moines, Iowa, (“Company”), and amends and restates the Supplement dated June 19, 2003, and numbered CF103S01E

MASTER LOAN AGREEMENT
Master Loan Agreement • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers • Colorado

THIS MASTER LOAN AGREEMENT is entered into as of February 28, 2003 between CoBANK, ACB (“CoBank”) and FCStone Financial, Inc. (the “Company”).

AMENDMENT
Amendment • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers

THIS AMENDMENT is entered into as of June 29, 2004, between CoBANK, ACB (“CoBank”) and FCSTONE TRADING, LLC, West Des Moines, Iowa, (the “Company”).

AMENDMENT
FCStone Group, Inc. • October 6th, 2004 • Commodity contracts brokers & dealers

CoBank and the Company are parties to a Master Loan Agreement dated September 1, 1999, (such agreement, as previously amended, is hereinafter referred to as the “MLA”). CoBank and the Company now desire to amend the MLA. For that reason, and for valuable consideration (the receipt and sufficiency of which are hereby acknowledged), CoBank and the Company agree as follows:

AMENDMENT
Amendment • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers

THIS AMENDMENT is entered into as of July 31, 2003, between CoBANK, ACB (“CoBank”) and FCSTONE TRADING, LLC, West Des Moines, Iowa, (the “Company”).

STATUSED REVOLVING CREDIT SUPPLEMENT
Master Loan Agreement • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers

THIS SUPPLEMENT to the Master Loan Agreement dated September 1, 1999, as amended (the “MLA”), is entered into as of June 29, 2004 between CoBANK, ACB (“CoBank”) and FCSTONE TRADING, LLC, West Des Moines, Iowa, ( the “Company”).

AMENDMENT
FCStone Group, Inc. • October 6th, 2004 • Commodity contracts brokers & dealers

CoBank and the Company are parties to a Master Loan Agreement dated September 1, 1999, (such agreement, as previously amended, is hereinafter referred to as the “MLA”). CoBank and the Company now desire to amend the MLA. For that reason, and for valuable consideration (the receipt and sufficiency of which are hereby acknowledged), CoBank and the Company agree as follows:

REVOLVING TERM LOAN SUPPLEMENT
Revolving Term Loan Supplement • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers

THIS SUPPLEMENT to the Master Loan Agreement dated September 1, 1999, as amended, (the “MLA”), is entered into as of June 29, 2004 between CoBANK, ACB (“CoBank”) and FCSTONE TRADING, LLC, West Des Moines, Iowa, (the “Company”).

STATUSED REVOLVING TERM LOAN SUPPLEMENT
FCStone Group, Inc. • October 6th, 2004 • Commodity contracts brokers & dealers

THIS SUPPLEMENT to the Master Loan Agreement dated May 5, 2004 (the “MLA”), is entered into as of May 5, 2004 between CoBANK, ACB (“CoBank”) and FGDI, L.L.C., West Des Moines, Iowa (the “Company”).

AMENDMENT
FCStone Group, Inc. • October 6th, 2004 • Commodity contracts brokers & dealers

CoBank and the Company are parties to a Master Loan Agreement dated September 1, 1999, (such agreement, as previously amended, is hereinafter referred to as the “MLA”). CoBank and the Company now desire to amend the MLA. For that reason, and for valuable consideration (the receipt and sufficiency of which are hereby acknowledged), CoBank and the Company agree as follows:

UNCOMMITTED REVOLVING CREDIT SUPPLEMENT AND PROMISSORY NOTE
Repurchase Agreement • October 6th, 2004 • FCStone Group, Inc. • Commodity contracts brokers & dealers • Iowa

THIS UNCOMMITTED REVOLVING CREDIT SUPPLEMENT AND PROMISSORY NOTE (the “Supplement”) to the Master Loan Agreement dated February 28, 2003, (the “MLA”) is entered into as of September 19, 2003 between FCSTONE FINANCIAL, INC., West Des Moines, Iowa (the “Company”) and COBANK, ACB (“CoBank”), and amends and restates the Supplement dated July 10, 2003 and numbered E577SOlA.

AMENDMENT
FCStone Group, Inc. • October 6th, 2004 • Commodity contracts brokers & dealers

CoBank and the Company are parties to a Master Loan Agreement dated September 1, 1999, (such agreement, as previously amended, is hereinafter referred to as the “MLA”). CoBank and the Company now desire to amend the MLA. For that reason, and for valuable consideration (the receipt and sufficiency of which are hereby acknowledged), CoBank and the Company agree as follows:

GUARANTEE OF PAYMENT (SPECIFIC) .
FCStone Group, Inc. • October 6th, 2004 • Commodity contracts brokers & dealers • Colorado

THIS GUARANTEE OF PAYMENT (the “Guarantee”) is executed as of the 28th day of February, 2003, by FCSTONE GROUP, INC., (hereinafter referred to as the “Guarantor”) in favor of CoBANK, ACB (hereinafter referred to as “CoBank”).

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