Attached files
| file | filename |
|---|---|
| EX-99.1 - AGREEMENT - HOMELAND ENERGY SOLUTIONS LLC | a991-terminationagreement.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 16, 2014
HOMELAND ENERGY SOLUTIONS, LLC | |||
(Exact name of registrant as specified in its charter) | |||
Iowa | 000-53202 | 20-3919356 | |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | |
2779 Highway 24, Lawler, Iowa | 52154 | ||
(Address of principal executive offices) | (Zip Code) | ||
(563) 238-5555 | |||
(Registrant's telephone number, including area code) | |||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.02 Termination of a Material Definitive Agreement.
On May 16, 2014, Homeland Energy Solutions, LLC ("Homeland") signed a Termination Agreement terminating the Third Amended and Restated Management Services Agreement dated December 15, 2011 ("MSA") with Golden Grain Energy, LLC ("Golden Grain"). The termination is effective as of May 16, 2014. Golden Grain owns an approximately 5.5% equity interest in Homeland and has the right to appoint one member of Homeland's board of directors. Pursuant to the MSA, Golden Grain and Homeland agreed to share the services and costs of certain management level employees. At the time of termination, the only shared management employee between the two companies was Golden Grain's Chief Executive Officer.
A copy of the Termination Agreement is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 | Termination Agreement between Golden Grain Energy, LLC and Homeland Energy Solutions, LLC dated May 16, 2014. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HOMELAND ENERGY SOLUTIONS, LLC | |
Date: May 16, 2014 | /s/ David A. Finke |
David A. Finke | |
Treasurer/Chief Financial Officer | |
(Principal Financial and Accounting Officer) | |