RE: Cargill Guaranty

Rudwell, Attached is the executable form of the guaranty. Please fill in the Cargill information and forward to Bridgeline for execution. Also, I didn't know what the effective date should be. Let me know if you have any questions.

-----Original Message-----
From: Johnson, Rudwell
Sent: Thursday, October 25, 2001 9:13 AM
To: Nemec, Gerald
Cc: Stephens, Jeff
Subject: RE: Cargill Guaranty

Gerald!

I took a look at the proposed changes and also spoke with my counterpart at Cargill, we are fine with the changes. Please execute a guaranty in the amount of $8MM.

-----Original Message-----
From: Nemec, Gerald
Sent: Wednesday, October 24, 2001 4:03 PM
To: Johnson, Rudwell
Subject: Cargill Guaranty

Rudwell, Attached is a redline of the guaranty with my comments. Specifically they are:

1. I am OK with including reasonable attorney fees, but they must be included in the $2.5 million dollar cap.
2. The use of subtantially in Paragraph 2 seems redundant. The notice requires reasonable detail. To add subtantial compliance on top of that is redundant.

I am OK with the other changes. Please review and let me know if you have any questions.

<< File: Bridgeline(Cargill).doc <<