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. <br /> r <br /> � YOCUM OIL COMPANY PRICE PROGRAM SALES AGREEMENT <br /> Yocum 4il <br /> EXCELLENCE IN ENERGY MANAGEMENT SOLU710NS <br /> YOCUM CONTRACT NO.: CITYOFORONOGAS14 FIXED PRICE AGREEMENT <br /> DATED: January 27�h, 2014 <br /> SELLER: Yocum Oil Company, Inc. BUYER: City of Orono <br /> 2719 Stillwater Road PO BOX 66 <br /> St. Paul, MN 55119 Crystal Bay, MN 55323 <br /> PRODUCT: Gasoline 87 10% Ethanol <br /> QUANTITY: 33,600 Gallons <br /> RATABLE TAKES REQUIRED: <br /> X YES ❑ NO If"Yes" see below; <br /> RATEABLE: Buyer shall take delivery of 1/3 of the Quantity each 10 day period of the contract month. If the Buyer <br /> does not take delivery of the required Quantity in accordance to Rateable clause, Seiler may in its sole <br /> discretion charge the Buyer a"Non-Rateable"fee equal to the non-rateable portion of the Quantity <br /> multiplied by$0.0300. If multiple contracts within the same delivery month exist, ratability will be <br /> enforced over the total gallon sum of the aggregated contracts for that delivery month. <br /> FIXED PRICE: Invoiced upon delivery excluding all other applicable taxes, duties, and fees. <br /> The following products may be delivered with this contract at price and volume indicated below. <br /> Differentials for various products including but not limited to dye, biodiesel, ethanol, or performance <br /> products may be fixed for each delivery month on the 1S`business day of each delivery month. <br /> Applicable delivery differentiais may be invoiced as agreed upon by Seller and Buyer. Transport <br /> deliveries will be invoiced upon delivery at fixed contract prices plus freight differentials by location. <br /> Tankwagon metered deliveries may be invoiced at market rates and reconciled with contracted fixed <br /> prices at end of each delivery month. <br /> Product—Deliverv Month Quantitv Price/Gallon <br /> Gasoline 87 10% Ethanol Feb 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol Mar 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol Apr 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol May 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol Jun 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol July 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol Aug 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol Sep 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10°/o Ethanol Oct 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol Nov 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol Dec 2014 2,700 Gallons See Addendum A <br /> Gasoline 87 10% Ethanol Jan 2015 2,700 Gallons See Addendum A <br /> EARNEST MONEY DEPOSIT-DOWN PAYMENT: "Vliaived" <br /> � � <br /> � o <br /> Page 1 of 3 Rev 3/09/O1 <br />