EX-4.(II)
from 10-Q
27 pages
Unit Transfer Policy Effective April 20, 2015 1. Introduction. This Unit Transfer Policy (“Policy”) of Southwest Iowa Renewable Energy, LLC (“Sire” “We” or “US”) Is Effective as of April 20, 2015. This Policy Constitutes Exhibit C of Our Fourth Amended and Restated Operating Agreement Dated March 21, 2014, as It May Be Amended From Time to Time (The “Operating Agreement”). All Terms Not Defined in This Policy Have the Meaning Given to Them in the Operating Agreement. 2. Definitions. Unless Otherwise Defined in This Policy, the Following Terms Have the Meanings Ascribed to Them in This Section 2: “Manual” the Southwest Iowa Renewable Energy Qualified Matching Service Manual Applicable to the Qms Provided at Appendix 1 “Private Unit Transfer” a Transfer of a Unit Outside of the Qms “Qms” Sire’s Qualified Matching Service “Qms Unit Transfer” a Transfers of a Unit Through the Qms “Securities” Sire’s Membership Units “Unit Transfers” Private Unit Transfers and Qms Unit Transfers 3. Procedures & General Rules. ● Qms Unit Transfers: Unit Holders Wishing to Transfer Units Through the Qms Should Refer to the Manual Which Is Available on Our Website (WWW.SIREETHANOL.com). the Procedures for and the Timing of Qms Unit Transfers Are Governed by the Manual, in Addition to the Provisions Below. ● Private Unit Transfers: Unit Holders Wishing to Transfer Units in a Private Unit Transfer Must Send US a Completed Private Unit Transfer Request and Agreement in the Form Attached as Appendix 2 Which Has Been Executed by Both the Transferor(s) and the Transferee(s). the Private Unit Transfer Request and Agreement, Which Is Available on Our Website, Must Be Sent to US at the Following Address: Southwest Iowa Renewable Energy, LLC 10868 189th St. Council Bluffs, Ia 51503 Oma-302023-6 1
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