Otter Tail Ag Enterprises, LLC Watch

from 10-12G 61 pages Otter Tail Ag Enterprises, LLC a Minnesota Limited Liability Company Operating and Member Control Agreement (Contains Restrictions on Transfer of Interests) Dated Effective January 20, 2006 Operating and Member Control Agreement of Otter Tail Ag Enterprises, LLC

from 10-12G 1 page The Units Represented by This Certificate Have Not Been Registered Under the Securities Act of 1933, as Amended (The “Securities Act”) or Any State Securities Laws Other Than Minnesota. the Units May Not Be Sold, Offered for Sale, or Transferred in the Absence of Either an Effective Registration Under the Securities Act and Under the Applicable State Securities Laws, or an Opinion of Counsel Satisfactory to the Company That Such Transaction Is Exempt From Registration Under the Securities Act and Applicable State Securities Laws

from 10-12G 1 page The Units Represented by This Certificate Have Not Been Registered Under the Securities Act of 1933, as Amended (The “Securities Act”) or Any State Securities Laws Other Than Minnesota. the Units May Not Be Sold, Offered for Sale, or Transferred in the Absence of Either an Effective Registration Under the Securities Act and Under the Applicable State Securities Laws, or an Opinion of Counsel Satisfactory to the Company That Such Transaction Is Exempt From Registration Under the Securities Act and Applicable State Securities Laws

from 10-12G 1 page The Board of Governors (The Board) of the Company Is Authorized to Designate and Issue One or More Classes of Units as Provided in the Company’s Operating and Member Control Agreement (The “Member Control Agreement”). a Copy of the Member Control Agreement Setting Forth Such Authorization Is Kept at the Company’s Principal Executive Office and Will Be Furnished by the Company to Any Unit Holder Upon Request and Without Charge