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<br />~ <br /> <br />200705368 <br /> <br />ACCESS AND INDEMNITY AGREEMENT <br /> <br />THIS AGREEMENT, made and entered into this ~ day of May, 2007 ("Signing <br />Date"), by and between Cargill, Incorporated, a Delaware corporation, with offices and <br />principal place of business at 15407 McGinty Road West, Wayzata, Minnesota 55391 ("Cargill") <br />and Pioneer Trail Energy, LLC, a Delaware limited liability company, with a principal place of <br />business at 1801 Broadway, Suite 1060, Denver, CO 80202 ("Pioneer Trail"). <br /> <br />Recitals <br /> <br />1. Cargill is the owner of certain real property consisting of a grain handling facility <br />and railroad tracks located in the City of Wood River, Hall County, State of Nebraska, as <br />described on Exhibit A attached hereto ("Premises"). <br /> <br />2. Pioneer Trail is the owner of certain property immediately adjacent to the <br />Premises upon which an ethanol plant is being constructed (the "Ethanol Facility"). <br /> <br />3. Cargill and Pioneer Trail are parties to a certain Grain Facility Lease and Sublease <br />Agreement dated September 25,2006 ("Lease") whereby Cargill has leased the Premises to <br />Pioneer Trail for 20 years commencing on the Effective Date as hereafter defined. The Effective <br />Date of the Lease is the date of Provisional Acceptance as defined in the Agreement for <br />Engineering, Procurement and Construction, dated as of April 28, 2006, between Pioneer Trail <br />and TIC - The Industrial Company Wyoming, Inc. ("Effective Date"). <br /> <br />4. Cargill and Pioneer Trail are parties to a certain Letter Agreement dated <br />September 25,2006 whereby Cargill and Pioneer Trail have set forth the terms upon which the <br />parties would enter into a definitive access agreement providing Pioneer Trail access to the <br />Premises for the purpose of facilitating Pioneer Trail's development and construction of the <br />Ethanol Facility to be located adjacent to the Premises ("Letter Agreement"). <br /> <br />5. The parties now desire to establish a definitive access agreement in accordance <br />with the Letter Agreement to provide Pioneer Trail the right of limited access to the Premises for <br />the specific purpose and only for the specific purpose of facilitating Pioneer Trail's development <br />and construction of the Ethanol Facility located adjacent to the Premises as set forth and <br />described on Exhibit B attached hereto, which will collectively be designated the "Work." <br />