CLARIFYING AMENDMENT TO ETHANOL STORAGE AND THROUGHPUT AGREEMENT

EX-10.2 2 gpp-20160630xex10_2.htm EX-10.2 Exhibit 10.2

Exhibit 10.2

 

CLARIFYING AMENDMENT TO ETHANOL STORAGE AND THROUGHPUT AGREEMENT

THIS CLARIFYING AMENDMENT to the ETHANOL STORAGE AND THROUGHPUT AGREEMENT (this “Agreement”), is entered into this 4th day of January, 2016 and effective as of the 1st day of July, 2015 (the “Effective Date”), by and between Green Plains Ethanol Storage LLC (the “Operator”) and Green Plains Trade Group LLC (the “Customer”).  Customer and Operator are sometimes referred to in this Agreement as the “Parties” and individually as a “Party.”

WHEREAS, Operator and Customer intended that the Product definition not differentiate between fuel or industrial grade, and denatured or un-denatured product. Terms used herein not defined herein shall have the meaning set forth in the Agreement;

NOW, THEREFORE, in consideration of the mutual premises of the parties and covenants and conditions hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows:

1.

The second “WHEREAS” clause shall be modified so that “Product” shall mean Customer’s fuel or industrial grade ethanol, whether denatured or un-denatured. 

IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year first above written.

OPERATOR: GREEN PLAINS ETHANOL STORAGE LLC



Signature: /s/ Jerry Peters

Print Name:Jerry Peters

Title:Chief Financial Officer



CUSTOMER: GREEN PLAINS TRADE GROUP LLC



Signature: /s/ Jerry Peters

Print Name:Jerry Peters

Title:Chief Financial Officer




 

EXHIBIT G
TERMINAL DESCRIPTION



Location/Terminals

Minimum Throughput

(mmg per calendar quarter)

Ethanol Storage Capacity

(mmg)

Tank Bottoms

(in gallons)

Atkinson, Nebraska

9.38  2.074  363,000 

Bluffton, Indiana

27.90  3.000  277,170 

Central City, Nebraska

22.75  2.250  300,000 

Fairmont, Minnesota

21.56  3.124  275,000 

Hereford, Texas

21.25  4.406  642,600 

Hopewell, Virginia

12.75 

.761

166,600 

Lakota, Iowa

18.75  2.500  300,000 

Obion, Tennessee

27.96  3.000  250,000 

Ord, Nebraska

11.00  1.550  150,000 

Otter Tail, Minnesota

9.75  2.000  250,000 

Riga, Michigan

13.95  1.239  190,000 

Shenandoah, Iowa

15.11  1.524  150,000 

Superior, Iowa

11.10  1.238  228,000 

Wood River, Nebraska

23.29  3.124  280,000 

 


 

EXHIBIT H
ETHANOL PRODUCTION FACILITIES





Ethanol Production Plant Location

Atkinson, Nebraska

Bluffton, Indiana

Central City, Nebraska

Fairmont, Minnesota

Hereford, Texas

Hopewell, Virginia

Lakota, Iowa

Obion, Tennessee

Ord, Nebraska

Otter Trail, Minnesota

Riga, Michigan

Shenandoah, Iowa

Superior, Iowa

Wood River, Nebraska