Exhibit 10.26

AGREEMENT TO COMPENSATE GUARANTORS

THIS AGREEMENT is made and entered into effective this 28th day of February, 2005, by and between Great Plains Ethanol, LLC (the “Company”) and Robert Broin, Jeff Broin, Todd Broin, Duane Sather, Fred Thurman, and Dennis Schrag (collectively the “Guarantors”).

RECITALS:

A.                                    The Company entered into a Natural Gas Distribution Delivery Agreement dated September 2, 2002, with NorthWestern Energy Corporation (“NEC”).

B.                                      In connection with the Natural Gas Distribution Delivery Agreement, Home Federal Bank issued an Irrevocable Standby Letter of Credit dated February 28, 2003, in the amount of $1,600,000.00 (the “Letter of Credit”) in favor of NEC.

C.                                      In consideration for the Letter of Credit, the Company executed a Promissory Note dated February 28, 2003, in the amount of $1,600,000.00 in favor of Home Federal Bank (the “2003 Note”).

D.                                     The Letter of Credit was modified and restated pursuant to a First Amended and Restated Irrevocable Standby Letter of Credit dated May 28, 2003.

E.                                       The Letter of Credit was further modified and restated pursuant to a Second Amended and Restated Irrevocable Standby Letter of Credit dated February 25, 2004, in the amount of $1,250,000.00.  In consideration for the Second Amended and Restated Letter of Credit, the Company entered into a Promissory Note Modification Agreement with Home Federal Bank dated February 25, 2004, reducing the maximum loan amount t