PHASE I AND PHASE II ENGINEERING SERVICES AGREEMENT BETWEEN HOMELAND ENERGY SOLUTIONS, LLC AND FAGEN ENGINEERING, LLC December 5, 2006 * Portions omitted pursuant to a request for confidential treatment and filed separately with the Securities and...Engineering Services Agreement • May 15th, 2007 • Homeland Energy Solutions LLC • Industrial organic chemicals • Minnesota
THIS PHASE I AND PHASE II ENGINEERING SERVICES AGREEMENT (the “Agreement”) is made as of December 5, 2006, (the “Effective Date”) by and between Homeland Energy Solutions, LLC, an Iowa limited liability company (the “Client”) and Fagen Engineering, LLC a Minnesota Limited Liability Company (the “Engineer”). Each of the Client and Engineer are referred to herein individually as a “Party” and collectively as the “Parties.”
CHANGE IN TERMS AGREEMENTChange in Terms Agreement • May 15th, 2007 • Homeland Energy Solutions LLC • Industrial organic chemicals
DESCRIPTION OF CHANGE IN TERMS. Change the payment from interest only monthly to a single pay note with principal and interest due at maturity. All other terms and conditions remain the same.
BUSINESS LOAN AGREEMENTBusiness Loan Agreement • May 15th, 2007 • Homeland Energy Solutions LLC • Industrial organic chemicals • Iowa
THIS BUSINESS LOAN AGREEMENT dated March 23, 2007, is made and executed between Homeland Energy Solutions, LLC (“Borrower”) and Home Federal Savings Bank (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement (“Loan”). Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole Judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
