FIRST UNITED ETHANOL, LLC. NON-QUALIFIED MEMBERSHIP UNIT OPTION AGREEMENTNon-Qualified Membership Unit Option Agreement • December 28th, 2007 • First United Ethanol LLC • Industrial organic chemicals • Georgia
MEMBERSHIP UNIT OPTION for a total of Membership Units, representing one percent (1%) of the outstanding Membership Units, measured as of the close of the federally registered offering of Membership Units on Form SB-2, of First United Ethanol, LLC (the “Company”) is by this Membership Unit Option Agreement and Grant Notice (the “Agreement”) hereby granted to Anthony Flagg (the “Optionee”) subject in all respects to the terms and provisions of the First United Ethanol, LLC Membership Unit Option Plan (the “Plan”), dated April 11, 2007, which has been adopted by the Company and is incorporated herein by reference.
PLEDGE AND SECURITY AGREEMENT among FIRST UNITED ETHANOL, LLC, as Pledgor SOUTHWEST GEORGIA ETHANOL, LLC, as Company and WESTLB AG, NEW YORK BRANCH, as Collateral Agent Dated as of November 20, 2007Pledge and Security Agreement • December 28th, 2007 • First United Ethanol LLC • Industrial organic chemicals • New York
This PLEDGE AND SECURITY AGREEMENT, dated as of November 20, 2007 (this “Agreement”), is entered into by and among FIRST UNITED ETHANOL, LLC, a limited liability company organized and existing under the laws of the State of Georgia (the “Pledgor”), SOUTHWEST GEORGIA ETHANOL, LLC, a limited liability company organized and existing under the laws of State of Georgia (the “Company”), and WESTLB AG, NEW YORK BRANCH, in its capacity as collateral agent (together with its successors in such capacity, the “Collateral Agent”) for the Senior Secured Parties.
SENIOR CREDIT AGREEMENT dated as of November 20, 2007 among SOUTHWEST GEORGIA ETHANOL, LLC as Borrower, THE LENDERS REFERRED TO HEREIN, WESTLB AG, NEW YORK BRANCH, as Administrative Agent for the Lenders, WESTLB AG, NEW YORK BRANCH, as Collateral...Blocked Account Agreement • December 28th, 2007 • First United Ethanol LLC • Industrial organic chemicals • New York
This SENIOR CREDIT AGREEMENT (this “Agreement”), dated as of November 20, 2007, is by and among SOUTHWEST GEORGIA ETHANOL, LLC, a Georgia limited liability company (“Borrower”), each of the Lenders from time to time party hereto, WESTLB AG, NEW YORK BRANCH, as administrative agent for the Lenders, WESTLB AG, NEW YORK BRANCH, as collateral agent for the Senior Secured Parties, and WESTLB AG, NEW YORK BRANCH, as sole lead arranger, bookrunner and syndication agent.
