0001352081-19-000030 Sample Contracts

FIRST AMENDED AND RESTATED CONSTRUCTION LOAN AGREEMENT
Construction Loan Agreement • November 22nd, 2019 • Cardinal Ethanol LLC • Industrial organic chemicals • Nebraska

THIS FOURTEENTH AMENDMENT OF FIRST AMENDED AND RESTATED CONSTRUCTION LOAN AGREEMENT (“Amendment”) is made as of the 28th day of February, 2019 between FIRST NATIONAL BANK OF OMAHA, a national banking association ("Lender") and CARDINAL ETHANOL, LLC, an Indiana limited liability company (“Borrower”). This Amendment amends that certain First Amended and Restated Construction Loan Agreement dated June 10, 2013 between Lender and Borrower (as amended, the "Loan Agreement”).

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SECURITY AGREEMENT AND ASSIGNMENT OF HEDGING ACCOUNTS
Cardinal Ethanol LLC • November 22nd, 2019 • Industrial organic chemicals • Nebraska

WHEREAS, the undersigned, CARDINAL ETHANOL, LLC ("Debtor"), whose address is 1554 N. 600 E, Union City, Indiana 47390 carries the account listed above with Marex North America, LLC (“Broker”), as broker, whose address is RCG Division of Marex North America, 216 West Jackson Boulevard, Suite 400, Chicago, Illinois 60606, for trading in hedging and commodities futures contracts; and Debtor is now indebted to FIRST NATIONAL BANK OF OMAHA (the “Secured Party”) under and pursuant to that certain First Amended and Restated Construction Loan Agreement dated June 10, 2013 between Debtor and the Secured Party (as it has been and may be from time to time amended including by that certain Fourteenth Amendment of First Amended and Restated Construction Loan Agreement of even date with this Agreement, the “Loan Agreement”). The Secured Party’s address is 1620 Dodge Street, Stop 1057, Omaha, Nebraska 68197. Capitalized terms not otherwise defined in this Agreement will have the meaning given to such

AMENDMENT NO. 3 TO ETHANOL PURCHASE AND SALE AGREEMENT BETWEEN CARDINAL ETHANOL, LLC AND MUREX N.A., LTD. DATED DECEMBER 18, 2006
Ethanol Purchase and Sale Agreement • November 22nd, 2019 • Cardinal Ethanol LLC • Industrial organic chemicals

THIS AMENDMENT NO. 3 TO the ETHANOL PURCHASE AND SALE AGREEMENT (“Amendment”) is made and entered into as of this twenty-seventh (27th) day of July, 2018 (the “Signing Date”) by and between Murex LLC, a Texas limited liability company (“Murex”), (successor in interest to Murex N.A., Ltd.), located at 7160 North Dallas Parkway, Suite 300, Plano, Texas 75024, and Cardinal Ethanol, LLC, an Indiana limited liability company (“Cardinal”), located at 1554 N. 600 E., Union City, IN 47390.

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