<SEC-DOCUMENT>0000899140-14-000564.txt : 20140718
<SEC-HEADER>0000899140-14-000564.hdr.sgml : 20140718
<ACCEPTANCE-DATETIME>20140718162320
ACCESSION NUMBER:		0000899140-14-000564
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20140718
DATE AS OF CHANGE:		20140718
GROUP MEMBERS:		DANIEL S. LOEB
GROUP MEMBERS:		THIRD POINT PARTNERS LP
GROUP MEMBERS:		THIRD POINT PARTNERS QUALIFIED LP

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BioFuel Energy Corp.
		CENTRAL INDEX KEY:			0001373670
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL ORGANIC CHEMICALS [2860]
		IRS NUMBER:				205952523
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-82940
		FILM NUMBER:		14982857

	BUSINESS ADDRESS:	
		STREET 1:		1801 BROADWAY, SUITE 1060
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		303-592-8110

	MAIL ADDRESS:	
		STREET 1:		1801 BROADWAY, SUITE 1060
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Third Point LLC
		CENTRAL INDEX KEY:			0001040273
		IRS NUMBER:				133922602
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		390 PARK AVENUE
		STREET 2:		19TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2122247400

	MAIL ADDRESS:	
		STREET 1:		390 PARK AVENUE
		STREET 2:		19TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	THIRD POINT MANAGEMENT CO LLC
		DATE OF NAME CHANGE:	19970602
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>b12343316a.htm
<DESCRIPTION>AMENDMENT NO. 6
<TEXT>
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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">SECURITIES AND EXCHANGE COMMISSION</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">Washington, D.C.&#160; 20549</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">SCHEDULE 13D</div>

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">(Amendment No. 6)</div>

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">Under the Securities Exchange Act of 1934</div>

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">BioFuel Energy Corp.

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">(Name of Company)</div>

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">Common Stock, $0.01 per share

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">(Title of Class of Securities)</div>

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">09064Y109</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">(CUSIP Number)</div>

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">
<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; MARGIN-LEFT: 54pt; LINE-HEIGHT: 11.95pt; MARGIN-RIGHT: 54pt">Joshua L. Targoff</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; MARGIN-LEFT: 54pt; LINE-HEIGHT: 11.95pt; MARGIN-RIGHT: 54pt">Third Point LLC</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; MARGIN-LEFT: 54pt; LINE-HEIGHT: 11.95pt; MARGIN-RIGHT: 54pt">390 Park Avenue, 19th Floor</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; MARGIN-LEFT: 54pt; LINE-HEIGHT: 11.95pt; MARGIN-RIGHT: 54pt">New York, NY 10022</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; MARGIN-LEFT: 54pt; LINE-HEIGHT: 11.95pt; MARGIN-RIGHT: 54pt">(212) 715-3880<br style="LINE-HEIGHT: 11.95pt">
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 (Name, Address and Telephone Number of Person</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">Authorized to Receive Notices and Communications)</div>

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">(with copies to)</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">Morgan D. Elwyn, Esq.</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">Willkie Farr &amp; Gallagher LLP</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">787 Seventh Avenue</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">New York, NY 10019</div>

<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">(212) 728-8981</div>

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">July 15, 2014

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<div style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 11.95pt">(Date of Event which Requires Filing of this Statement)</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; MARGIN-LEFT: 27pt; LINE-HEIGHT: 12.55pt">If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &#167;&#167;240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box:&#160; <font style="FONT-FAMILY: Wingdings">o</font><a name="Check9"><!--Anchor--></a></div>

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</div>

<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; MARGIN-LEFT: 27.35pt; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 31.7pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold">Note</font>: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.&#160; See Rule 240.13d-7 for other parties to whom copies are to be sent.</div>

<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; MARGIN-LEFT: 27.35pt; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 31.7pt">* The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</div>

<div style="MARGIN-BOTTOM: 6pt; FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; MARGIN-LEFT: 27.35pt; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 31.7pt">The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CUSIP No.&#160; <font style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">09064Y109</font></div>
</td>
<td style="VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 22.85%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 31.26%" colspan="3">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Page 2 of 8 Pages</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">1</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">NAME OF REPORTING PERSON</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Third Point LLC</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">2</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 8.76%" colspan="2">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">(a) <font style="FONT-FAMILY: Wingdings">o</font></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">(b) <font style="FONT-FAMILY: Wingdings">x</font></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">3</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SEC USE ONLY</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">4</div>
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<td style="BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOURCE OF FUNDS*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">AF</div>
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<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">5</div>
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<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 85.47%" colspan="6">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
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<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.01%">
<div style="FONT-FAMILY: Wingdings; LINE-HEIGHT: 13.7pt">o</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">6</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CITIZENSHIP OR PLACE OF ORGANIZATION</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Delaware</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 15.75%" rowspan="4" colspan="2">
<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">NUMBER OF</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">SHARES</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">BENEFICIALLY</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">OWNED BY</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">EACH</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">REPORTING</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">PERSON WITH</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">7</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOLE VOTING POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">0</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">8</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SHARED VOTING POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">1,043,126 (see Item 5)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">9</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOLE DISPOSITIVE POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">0</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">10</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SHARED DISPOSITIVE POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">1,043,126 (see Item 5)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">11</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">1,043,126 (see Item 5)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">12</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 85.47%" colspan="6">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><br>
</font> SHARES (SEE INSTRUCTIONS)*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.01%">
<div style="LINE-HEIGHT: 13.7pt">&#160;</div>

<div style="FONT-FAMILY: Wingdings; LINE-HEIGHT: 13.7pt">o</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">13</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">19.1%</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">14</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">OO</div>
</td>
</tr>
</table>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<hr id="DSPFPageBreak" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; PAGE-BREAK-AFTER: always; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; WIDTH: 100%; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 45.89%" colspan="4">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CUSIP No.&#160; <font style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">09064Y109</font></div>
</td>
<td style="VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 22.85%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 31.26%" colspan="3">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Page 3 of 8 Pages</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">1</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">NAME OF REPORTING PERSON</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Daniel S. Loeb</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">2</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 83.71%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 8.76%" colspan="2">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">(a) <font style="FONT-FAMILY: Wingdings">o</font></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">(b) <font style="FONT-FAMILY: Wingdings">x</font></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">3</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%; BACKGROUND-COLOR: #f2f2f2" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SEC USE ONLY</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">4</div>
</td>
<td style="BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOURCE OF FUNDS*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">AF</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">5</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 85.47%" colspan="6">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.01%">
<div style="FONT-FAMILY: Wingdings; LINE-HEIGHT: 13.7pt">o</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">6</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CITIZENSHIP OR PLACE OF ORGANIZATION</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">United States</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 15.75%" rowspan="4" colspan="2">
<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">NUMBER OF</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">SHARES</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">BENEFICIALLY</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">OWNED BY</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">EACH</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">REPORTING</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">PERSON WITH</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">7</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOLE VOTING POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">11,225</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">8</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SHARED VOTING POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">1,043,126 (see Item 5)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">9</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOLE DISPOSITIVE POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">11,225</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">10</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SHARED DISPOSITIVE POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">1,043,126 (see Item 5)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">11</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">1,054,351 (see Item 5)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">12</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 85.47%" colspan="6">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><br>
</font> SHARES (SEE INSTRUCTIONS)*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.01%">
<div style="LINE-HEIGHT: 13.7pt">&#160;</div>

<div style="FONT-FAMILY: Wingdings; LINE-HEIGHT: 13.7pt">o</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">13</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">19.3%</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">14</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">IN</div>
</td>
</tr>
</table>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<hr id="DSPFPageBreak" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; PAGE-BREAK-AFTER: always; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; WIDTH: 100%; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 45.89%" colspan="4">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CUSIP No.&#160; <font style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">09064Y109</font></div>
</td>
<td style="VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 22.85%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 31.26%" colspan="3">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Page 4 of 8 Pages</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">1</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">NAME OF REPORTING PERSON</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Third Point Partners LP</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">2</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 83.71%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 8.76%" colspan="2">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">(a) <font style="FONT-FAMILY: Wingdings">o</font></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">(b) <font style="FONT-FAMILY: Wingdings">x</font></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">3</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%; BACKGROUND-COLOR: #f2f2f2" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SEC USE ONLY</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">4</div>
</td>
<td style="BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOURCE OF FUNDS*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">AF</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">5</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 85.47%" colspan="6">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.01%">
<div style="FONT-FAMILY: Wingdings; LINE-HEIGHT: 13.7pt">o</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">6</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CITIZENSHIP OR PLACE OF ORGANIZATION</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Delaware</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 15.75%" rowspan="4" colspan="2">
<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">NUMBER OF</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">SHARES</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">BENEFICIALLY</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">OWNED BY</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">EACH</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">REPORTING</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">PERSON WITH</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">7</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOLE VOTING POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">0</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">8</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SHARED VOTING POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">537,827</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">9</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOLE DISPOSITIVE POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">0</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">10</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SHARED DISPOSITIVE POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">537,827</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">11</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">537,827 (see Item 5)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">12</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 85.47%" colspan="6">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><br>
</font> SHARES (SEE INSTRUCTIONS)*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.01%">
<div style="LINE-HEIGHT: 13.7pt">&#160;</div>

<div style="FONT-FAMILY: Wingdings; LINE-HEIGHT: 13.7pt">o</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">13</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">9.9%</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">14</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">PN</div>
</td>
</tr>
</table>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<hr id="DSPFPageBreak" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; PAGE-BREAK-AFTER: always; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; WIDTH: 100%; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 45.89%" colspan="4">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CUSIP No.&#160; <font style="FONT-SIZE: 10.5pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">09064Y109</font></div>
</td>
<td style="VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 22.85%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 31.26%" colspan="3">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Page 5 of 8 Pages</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">1</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">NAME OF REPORTING PERSON</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Third Point Partners Qualified LP</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">2</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 84.59%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.89%" colspan="2">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">(a) <font style="FONT-FAMILY: Wingdings">o</font></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">(b) <font style="FONT-FAMILY: Wingdings">x</font></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">3</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%; BACKGROUND-COLOR: #f2f2f2" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SEC USE ONLY</div>

<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">4</div>
</td>
<td style="BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOURCE OF FUNDS*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">AF</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">5</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 85.47%" colspan="6">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.01%">
<div style="FONT-FAMILY: Wingdings; LINE-HEIGHT: 13.7pt">o</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">6</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CITIZENSHIP OR PLACE OF ORGANIZATION</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Delaware</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 15.75%" rowspan="4" colspan="2">
<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">NUMBER OF</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">SHARES</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">BENEFICIALLY</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">OWNED BY</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">EACH</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">REPORTING</div>

<div style="FONT-SIZE: 9pt; FONT-FAMILY: 'Univers (W1)', Arial, sans-serif; TEXT-ALIGN: center; LINE-HEIGHT: 10.25pt">PERSON WITH</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">7</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOLE VOTING POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">0</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">8</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SHARED VOTING POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">340,837</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">9</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SOLE DISPOSITIVE POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">0</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">10</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 76.49%" colspan="5">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">SHARED DISPOSITIVE POWER</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">340,837</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">11</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">340,837 (see Item 5)</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">12</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 85.47%" colspan="6">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><br>
</font> SHARES (SEE INSTRUCTIONS)*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; WIDTH: 7.01%">
<div style="LINE-HEIGHT: 13.7pt">&#160;</div>

<div style="FONT-FAMILY: Wingdings; LINE-HEIGHT: 13.7pt">o</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">13</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">6.2%</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 7.53%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">14</div>
</td>
<td style="BORDER-TOP: #000000 0.75pt solid; BORDER-RIGHT: #000000 0.75pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid; BORDER-LEFT: #000000 0.75pt solid; WIDTH: 92.47%" colspan="7">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)*</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">&#160;</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">PN</div>
</td>
</tr>
</table>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<hr id="DSPFPageBreak" style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; PAGE-BREAK-AFTER: always; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; WIDTH: 100%; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
</div>

<div style="TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold">Item 1.</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold">Security and the Issuer</font></div>

<div style="LINE-HEIGHT: 12.55pt"><br style="LINE-HEIGHT: 12.55pt">
</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">This Amendment No. 6 to Schedule 13D (this &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Amendment No. 6</u></font>&#8221;) is being filed with respect to the Common Stock, par value $0.01 per share (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Common Stock</u></font>&#8221;), of BioFuel Energy Corp., a Delaware corporation (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Issuer</u></font>&#8221;), <font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">to amend the Schedule 13D filed on June 25, 2007 (as amended by Amendment No. 1 thereto filed on December 31, 2008, Amendment No. 2 thereto filed on April 3, 2009, Amendment No. 3 thereto filed on September 28, 2010, Amendment No. 4 thereto filed on December 20, 2010, Amendment No. 5 thereto filed on February 9, 2011 and this Amendment No. 6, the &#8220;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000"><u>Schedule 13D</u></font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">&#8221;).</font></div>

<div style="LINE-HEIGHT: 12.55pt"><br style="LINE-HEIGHT: 12.55pt">
</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">This Amendment No. 6 is being filed on behalf of Third Point LLC, a Delaware limited liability company (the &#8220;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000"><u>Management Company</u></font>&#8221;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">), Daniel S. Loeb, an individual (&#8220;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000"><u>Mr. Loeb</u></font>&#8221;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">), Third Point Partners LP, a Delaware limited partnership (&#8220;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000"><u>Third Point Partners</u></font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">&#8221;), and Third Point Partners Qualified LP, a Delaware limited partnership (&#8220;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000"><u>Third Point Partners Qualified</u></font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">&#8221;, and together with the Management Company, Mr. Loeb and Third Point Partners, the &#8220;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000"><u>Reporting Persons</u></font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">&#8221;).</font></div>

<div style="LINE-HEIGHT: 12.55pt"><br style="LINE-HEIGHT: 12.55pt">
</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">The Management Company is the investment manager or adviser to a variety of hedge funds and managed accounts (such funds and accounts, collectively, including, but not limited to, Third Point Partners and Third Point Partners Qualified, the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Funds</u></font>&#8221;).&#160; The Management Company and Mr. Loeb may be deemed to have beneficial ownership over shares of Common Stock directly beneficially owned by the Funds, by virtue of the authority granted to them by the Funds to vote and to dispose of the securities held by the Funds, including the Common Stock.</div>

<div style="LINE-HEIGHT: 12.55pt"><br style="LINE-HEIGHT: 12.55pt">
</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">This Amendment No. 6 is being filed to amend Item 4, Item 5, Item 6 and Item 7 of the Schedule 13D as follows:</div>

<div style="LINE-HEIGHT: 12.55pt"><br style="LINE-HEIGHT: 12.55pt">
</div>

<div style="TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold">Item 4.</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold">Purpose of Transaction.</font></div>

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</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">Item 4 of the Schedule 13D is amended to reflect the following:</div>

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</div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">As previously disclosed by the Issuer on its Current Report on Form 8-K filed with the Securities and Exchange Commission (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>SEC</u></font>&#8221;) on July 15, 2014, the Issuer previously reported that on June 10, 2014, it entered into a definitive transaction agreement (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Transaction Agreement</u></font>&#8221;) with certain affiliates of Greenlight Capital, Inc. (&#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Greenlight</u></font>&#8221;) and James R. Brickman pursuant to the terms and subject to the conditions of which the Issuer will acquire (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Acquisition</u></font>&#8221;) the equity interests of JBGL Builder Finance LLC and certain subsidiaries of JBGL Capital, LP for $275 million.</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">To fund a portion of the Acquisition, the Issuer disclosed that it will conduct a registered offering of subscription rights (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Rights Offering</u></font>&#8221;), to the holders of its Common Stock (other than Greenlight and certain of the Funds) as of a record date to be determined, to purchase shares of the Common Stock. The Issuer will also conduct separate rights offerings, each on a private, non-registered basis to (x) Greenlight and (y) certain of the Funds (collectively, the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Private Rights Offering</u></font>&#8221;).</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">On July 15, 2014, the Management Company, on behalf of certain of the Funds (including Third Point Partners and Third Point Partners Qualified) (such Funds, collectively, the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Third Point Backstop Parties</u></font>&#8221;) entered into a letter agreement with the Issuer (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Commitment Agreement</u></font>&#8221;).&#160; The Commitment Agreement sets forth the parties&#8217; respective obligations with respect to the Private Rights Offering.</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">Subject to the terms and conditions set forth in the Commitment Agreement, each of the Third Point Backstop Parties which currently own shares of Common Stock has agreed to participate in the Private Rights Offering for its full basic subscription privilege and has agreed, subject to certain terms and conditions, to fully exercise its over-subscription privilege. All of the Third Point Backstop Parties have agreed to purchase substantially simultaneously with the completion of the Rights Offering all of the available shares of Common Stock not otherwise sold in the Rights Offering, in each case up to such amount (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Third Point Ownership Threshold</u></font>&#8221;) that the Third Point Backstop Parties&#8217; aggregate ownership of the Common Stock, after giving effect to the Acquisition and the related transactions described in the Transaction Agreement, equals approximately 16.7%, which is the approximate percentage of the aggregate outstanding Common Stock and Class B common stock owned by the Funds as of July 15, 2014.</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">The Third Point Backstop Parties will receive priority allocation with respect to both their over-subscription privilege and their backstop commitment, up to the Third Point Ownership Threshold. The price per share of Common Stock paid by the Third Point Backstop Parties pursuant to the Commitment Agreement will be equal to the price paid by the other holders in the Rights Offering. The Third Point Backstop Parties will not receive compensation for their commitments to participate in the Private Rights Offering or the Commitment Agreement. Any share of Common Stock purchased by the Third Point Backstop Parties pursuant to their participation in the Private Rights Offering will be purchased directly from the Issuer on a private basis.</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">The foregoing description of the Commitment Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Commitment Agreement, a copy of which is attached hereto as Exhibit 10.4 and incorporated by reference herein.</div>

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<div style="MARGIN-BOTTOM: 6pt; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold">Item 5.</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold">Interest in Securities of the Issuer.</font></div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">Items 5(a), (b) and&#160; (c) of the Schedule 13D are amended to reflect the following:</div>

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<div><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">(a)</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">As of the date of this Schedule 13D, the Management Company beneficially owns 1,043,126 shares of Common Stock (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Third Point Shares</u></font>&#8221;). The Third Point Shares represent approximately 19.1% of the Common Stock, based upon the 5,456,625 shares of Common Stock outstanding as of July 11, 2014, as disclosed by the Issuer on its Registration Statement on Form S-1, filed with the SEC on July 16, 2014 (the &#8220;<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><u>Reported Share Number</u></font>&#8221;). Except as stated otherwise, the percentages used herein and in the rest of this Schedule 13D are calculated based upon the Reported Share Number.</font></div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">As of the date of this Schedule 13D, Mr. Loeb beneficially owns </font>1,054,351<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000"> shares of Common Stock, representing approximately 19.3% of the outstanding shares of Common Stock; Third Point Partners beneficially owns 537,827 shares of Common Stock, representing approximately 9.9% of the outstanding shares of Common Stock; and Third Point Partners Qualified beneficially owns 340,837 shares of Common Stock, representing approximately 6.2% of the outstanding shares of Common Stock. None of the other individual Funds beneficially owns a number of shares of Common Stock representing more than 5% of the outstanding shares of Common Stock.</font></div>

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<div style="TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif">(b)</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif"><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">The Management Company has the power to vote and dispose of 1,043,126 shares of Common Stock beneficially owned by it. Mr. Loeb has the power to vote and dispose of </font>1,054,351<font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000"> shares of Common Stock beneficially owned by him. Third Point Partners has the power to vote and dispose of 537,827 shares of Common Stock beneficially owned by it. Third Point Partners Qualified has the power to vote and dispose of 340,837 shares of Common Stock beneficially owned by it</font>.</font></div>

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<div><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif">(c)</font><font id="TRGRRTFtoHTMLTab" style="FONT-SIZE: 5.14pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; COLOR: #000000">During the past 60 days there were no transactions in the Common Stock effected by the Reporting Persons nor, to the best of their knowledge, any of their directors, executive officers, general partners or members.</font></div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">Item 6 of the Schedule 13D is hereby amended to add the following:</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">The information contained in Item 4 of this Amendment No. 6 is incorporated herein by reference.</div>

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<td style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; VERTICAL-ALIGN: top; TEXT-ALIGN: left; WIDTH: auto">Commitment Letter Agreement, dated July 15, 2014, between BioFuel Energy Corp. and Third Point Partners L.P., Third Point Partners Qualified L.P., Third Point Offshore Master Fund L.P., Third Point Ultra Master Fund L.P. and Third Point Reinsurance Company Ltd.</td>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt; TEXT-INDENT: 36pt">After reasonable inquiry and to the best of each of the undersigned&#8217;s knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct.</div>

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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Dated: July 18, 2014</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">THIRD POINT LLC</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Daniel S. Loeb,</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt"><u>/s/ William Song&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </u></div>
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<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 38.72%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<tr>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 38.72%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Dated: July 18, 2014</div>
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 61.28%" colspan="2">
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<tr>
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<tr>
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<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Name:&#160; William Song</div>
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<tr>
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 7.52%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 53.76%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<tr>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 38.72%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Dated: July 18, 2014</div>
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 61.28%" colspan="2">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">THIRD POINT PARTNERS LP</div>
</td>
</tr>

<tr>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 38.72%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 7.52%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 53.76%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<tr>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 38.72%">
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 7.52%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">By:</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">Third Point Advisors LLC,</div>
</td>
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 38.72%">
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 7.52%">
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 53.76%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">its general partner</div>
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<tr>
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<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
</td>
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<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<tr>
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 7.52%">
<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">By:</div>
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</tr>

<tr>
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<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 53.76%">
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<tr>
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<tr>
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<tr>
<td style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; VERTICAL-ALIGN: top; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 38.72%">
<div style="LINE-HEIGHT: 12.55pt">&#160;</div>
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">By:</div>
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</tr>

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</tr>

<tr>
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<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
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<div style="LINE-HEIGHT: 13.7pt"><br style="LINE-HEIGHT: 13.7pt">
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<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
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<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 12.55pt">THIRD POINT PARTNERS QUALIFIED LP</div>
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<tr>
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<tr>
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<DESCRIPTION>COMMITMENT AGREEMENT
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<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt"><u>Exhibit 10.4</u></div>

<div style="FONT-SIZE: 11pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 12.55pt">COMMITMENT AGREEMENT</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">July 15, 2014</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">BioFuel Energy Corp.</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">1600 Broadway, Suite 1740</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Denver, CO 80202</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; MARGIN-LEFT: 36pt; LINE-HEIGHT: 13.7pt">Re:&#160;&#160;&#160;&#160;&#160;&#160;Rights Offering</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt">Ladies and Gentlemen,</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 36pt">This Rights Offering Backstop Agreement (this &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Letter Agreement</u></font>&#8221;) is entered into by BioFuel Energy Corp. (&#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>BFE Corp.</u></font>&#8221;) and the entities listed on <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Exhibit A</u></font> (each, a &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Backstop Party</u></font>&#8221;, and collectively, the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Backstop Parties</u></font>&#8221;).&#160;&#160;Reference is made to that certain Transaction Agreement, dated as of June 10, 2014, by and among JBGL Capital, LP, JBGL Exchange (Offshore), LLC, JBGL Willow Crest (Offshore), LLC, JBGL Hawthorne (Offshore), LLC, JBGL Inwood (Offshore), LLC, JBGL Chateau (Offshore), LLC, JBGL Castle Pines (Offshore), LLC, JBGL Mustang (Offshore), LLC, JBGL Kittyhawk (Offshore), LLC, JBGL Lakeside (Offshore), LLC, JBGL Builder Finance (Offshore), LLC, Greenlight Onshore Investments, LLC, Brickman Member Joint Venture, JBGL Exchange, LLC, JBGL Willow Crest, LLC, JBGL Hawthorne, LLC, JBGL Inwood, LLC, JBGL Chateau, LLC, JBGL Castle Pines, LP, JBGL Castle Pines Management, LLC, JBGL Lakeside, LLC, JBGL Mustang, LLC, JBGL Kittyhawk, LLC, JBGL Builder Finance, LLC, and BFE Corp. (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Transaction Agreement</u></font>&#8221;). Capitalized terms used but not otherwise defined herein have the meanings ascribed to them in the Transaction Agreement.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 36pt">This Letter Agreement sets forth the parties&#8217; respective obligations with respect to an offering, described herein (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Rights Offering</u></font>&#8221;), of rights to purchase shares of Common Stock, par value $0.01 per share, of BFE Corp. (&#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Common Stock</u></font>&#8221;). Subject to the terms and conditions of this Letter Agreement, BFE Corp. intends that the Rights Offering shall provide for anticipated gross proceeds of at least $70,000,000 (taking into account the proceeds of any contemporaneous private placement of securities to equityholders of BioFuel Energy, LLC (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>LLC</u></font>&#8221;), if any) to assist with the financing of the acquisition contemplated by the Transaction Agreement (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>JBGL</u></font><font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>&#160;</u></font><font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Acquisition</u></font>&#8221;).</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 36pt">In consideration of the premises and respective covenants and agreements set forth in this Letter Agreement and other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the parties agree as follows:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">1.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Registration Statement</u></font>.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">a)&#160;&#160;&#160;&#160;&#160;&#160;BFE Corp. hereby agrees to use its reasonable best efforts to commence and complete the Rights Offering as soon as reasonably practicable, subject to the terms and conditions set forth herein and in the Transaction Agreement. Specifically, BFE Corp. hereby agrees, subject to the terms and conditions set forth herein and in the Transaction Agreement, to use its reasonable best efforts to file a Registration Statement on Form S-1 for the Rights Offering with the SEC and cause such Registration Statement to be declared effective by the SEC as soon as reasonably practicable. No filing of, or amendment or supplement to, the Registration Statement will be made by BFE Corp. without providing the Backstop Parties a reasonable opportunity to review and comment thereon, and BFE Corp. shall consider for inclusion in any such document comments reasonably proposed by the Backstop Parties.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">b)&#160;&#160;&#160;&#160;&#160;&#160;Each Backstop Party shall cooperate with BFE Corp. in connection with the preparation and filing of the Registration Statement, including promptly furnishing to BFE Corp., following written request therefor, any and all information concerning such Backstop Party or its Affiliates as may be required to be set forth in the Registration Statement under applicable Law.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">2.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Terms of Rights Offering</u></font>. In connection with the Rights Offering, BFE Corp. shall distribute at no charge to each of the holders of Common Stock on the record date for the Rights Offering (collectively, the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Eligible Common Stockholders</u></font>&#8221;) rights (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Rights</u></font>&#8221;) to purchase shares of Common Stock, at a per share purchase price equal to 80% of the average closing price per share of the Common Stock for the ten trading days immediately following the date of the initial filing of the Registration Statement; <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>provided</u></font>, that in no event will the per share purchase price be greater than $5.00 per share of Common Stock or less than $1.50 per share of Common Stock (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Rights Price</u></font>&#8221;). All Eligible Common Stockholders shall be eligible to participate in the Rights Offering pro rata based on each Eligible Common Stockholder&#8217;s ownership of Common Stock as of the record date for the Rights Offering. In addition, each Eligible Common Stockholder (other than Greenlight (as defined herein)) that exercises all of its Rights may oversubscribe for up to its pro rata share of unsubscribed Rights; <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>provided</u></font> that no Eligible Common Stockholder may acquire ownership of more than 4.99% of the outstanding Common Stock (after giving effect to the consummation of the Rights Offering, the JBGL Acquisition and the transactions related thereto, and including any shares of Common Stock owned outside of the Rights Offering by the applicable Eligible Common Stockholder) by virtue of such oversubscription. For purposes of this Letter Agreement, &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">pro rata</font>&#8221; shall mean (x) the aggregate number of shares of Common Stock held by each Eligible Common Stockholder divided by (y) the aggregate number of shares of Common Stock outstanding, in each case, as of the record date for the Rights Offering.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 36pt">Each Right shall entitle the holder thereof to acquire, at a per share purchase price equal to the Rights Price, a number of shares of Common Stock equal to (a) $70,000,000 divided by (b) the Rights Price divided by (c) the number of shares of Common Stock outstanding on the record date for the Rights Offering. The number of shares of Common Stock to be issued upon the exercise of all Rights distributed in the Rights Offering shall equal $70,000,000 divided by the Rights Price (subject to adjustment for rounding). In the event that there are equityholders of the LLC (other than BFE Corp.) as of the record date for the Rights Offering, simultaneously with the consummation of the Rights Offering, BFE Corp. shall sell to such equityholders, and such equityholders shall purchase from BFE Corp. (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Private Offering</u></font>&#8221;), a number of shares of Common Stock equal to the aggregate number of shares of Common Stock that such equityholders would have otherwise been entitled to purchase in the Rights Offering if they had exchanged their units of the LLC for shares of Common Stock prior to the record date of the Rights Offering, with the per share purchase price for such shares of Common Stock being equal to the Rights Price. In the event of the foregoing, the size of the Rights Offering and the number of shares of Common Stock to be issued upon exercise of the Rights shall be equitably adjusted to reflect such arrangement.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">3.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Use of Offering Proceeds</u></font>. The proceeds of the Rights Offering shall be used to finance a portion of the JBGL Acquisition in accordance with the terms of the Transaction Agreement and to pay related fees and expenses. Any remaining proceeds may be used for general corporate purposes.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">4.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Basic Commitment</u></font>. If a Backstop Party owns shares of Common Stock on the date of this Letter Agreement, then, subject to the terms and conditions set forth herein, each such Backstop Party hereby agrees (on behalf of itself and its Affiliates) to participate in the Rights Offering for its full pro rata share of Common Stock (such Backstop Party&#8217;s &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Basic Commitment</u></font>&#8221;).</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">5.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Backstop Commitment</u></font>.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 90pt">a)&#160;&#160;&#160;&#160;&#160;&#160;Subject to the terms and conditions set forth herein, in order to provide assurance that the Rights Offering will be fully subscribed, the Backstop Parties hereby commit to purchase (including by full exercise of oversubscription privileges), in the aggregate and pro rata as allocated among the Backstop Parties as indicated by the Backstop Parties to BFE Corp. in writing prior to Closing, all of the Unsubscribed Shares (as defined below) up to the Cap (as defined below); provided, that in no event shall any Backstop Party that does not own more than 4.99% of the outstanding Common Stock on the date of this Letter Agreement acquire an aggregate of more than 4.99% of the outstanding Common Stock (after giving effect to the consummation of the Rights Offering, the JBGL Acquisition and the transactions related thereto, and including any shares of Common Stock owned outside of the Rights Offering by the applicable Eligible Common Stockholder) pursuant to this Letter Agreement (as so allocated, such Backstop Party&#8217;s &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Backstop Commitment</u></font>&#8221;), at a price per share equal to the Rights Price, and all of the Unsubscribed Shares up to the Cap shall be sold by BFE Corp. to the Backstop Parties prior to the sale of such Unsubscribed Shares to any other person. The &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Unsubscribed Shares</u></font>&#8221; means a number of shares of Common Stock equal to the excess, if any, of (i) the aggregate number of shares of Common Stock that may be purchased pursuant to all of the Rights issued by BFE Corp. in connection with the Rights Offering (as adjusted, if necessary, to reflect the Private Offering), over (ii) the aggregate number of shares of Common Stock that are purchased by (x) Eligible Common Stockholders other than Greenlight (as defined below) and the Backstop Parties in the Rights Offering (including the shares issued in the Basic Commitment but excluding any shares of Common Stock that may be purchased by other Eligible Common Stockholders pursuant to oversubscription privileges), and (y) certain funds and accounts managed by Greenlight Capital, Inc. and its affiliates (collectively, &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Greenlight</u></font>&#8221;), pursuant to an agreement with BFE Corp.&#160;&#160;The &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Cap</u></font>&#8221; means an aggregate number of shares of Common Stock, such that immediately following the consummation of the Rights Offering, the Common Stock Issuance and the transactions contemplated by the Transaction Agreement, the Backstop Parties own in the aggregate the same percentage of outstanding aggregate shares of Common Stock and Class B Common Stock (net of shares held in treasury) as they own as of the date hereof (as set forth on <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Exhibit B</u></font> hereto).&#160;&#160;In no event shall the Backstop Parties be required to pay more than an aggregate of $21 million for shares of Common Stock pursuant to this Letter Agreement.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">b)&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding any provision of this Letter Agreement to the contrary, until this Letter Agreement is terminated pursuant to Section 16 below, in no event shall BFE Corp. (i) eliminate, waive or reduce the commitment of certain funds and accounts managed by Greenlight or any other backstop party (collectively, the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Other Backstop Parties</u></font>&#8221;) to purchase shares of Common Stock in the Rights Offering pursuant to their respective agreements with BFE Corp. (collectively, the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Other Backstop Agreements</u></font>&#8221;), without the express prior consent of the Backstop Parties, or (ii) materially amend the terms or provisions of the agreements with Greenlight or the any of the Other Backstop Parties, in each case, without the express prior consent of the Backstop Parties.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">c)&#160;&#160;&#160;&#160;&#160;&#160;In addition, BFE Corp. hereby agrees that (i) each of Greenlight, the Other Backstop Parties and the Backstop Parties will pay the Rights Price per share for all shares of Common Stock issued to Greenlight and the Other Backstop Parties in connection with the Rights Offering and the backstop commitments (it being understood that Greenlight will be receiving other shares of Common Stock at different prices in connection with the other Transactions), (ii) the issuance of the shares of Common Stock to Greenlight, the Other Backstop Parties and the Backstop Parties in connection with the Rights Offering and the backstop commitments will occur simultaneously, (iii) no backstop or other fees are being paid to Greenlight or any Other Backstop Party in connection with the Rights Offering and (iv) in the event that any of Greenlight or any Other Backstop Party terminates their agreement with BFE Corp., BFE Corp. will provide prompt notice of any such termination to the Backstop Parties.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">d)&#160;&#160;&#160;&#160;&#160;&#160;BFE Corp. hereby represents to the Backstop Parties that (i) pursuant to an agreement with Greenlight, subject to the terms and conditions set forth therein, Greenlight is obligated to purchase approximately 35.4% of the Common Stock issued in the Rights Offering and the Private Offering, and (ii) pursuant to the Other Backstop Agreements, the Other Backstop Parties are obligated to purchase an aggregate of 100% of the Unsubscribed Shares that are not purchased by the Backstop Parties pursuant to this Letter Agreement.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">e)&#160;&#160;&#160;&#160;&#160;&#160;Each of the Backstop Parties hereby represents to BFE Corp. that it is entering into this Letter Agreement based upon, among other things, the corresponding Backstop Commitment hereunder from each of the other Backstop Parties and that each Backstop Party would not have entered into this Letter Agreement without each of the other Backstop Parties also agreeing to become a party hereto such that the Backstop Parties have coordinated their Backstop Commitments hereunder.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">6.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Conditions</u></font>.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">a)&#160;&#160;&#160;&#160;&#160;&#160;Each Backstop Party&#8217;s obligation to purchase securities pursuant to its Basic Commitment and/or its Backstop Commitment, as applicable, is subject to the following conditions: (i) BFE Corp. shall be in compliance with its obligations under this Letter Agreement and the Transaction Agreement in all material respects; (ii) the representations and warranties of BFE Corp. set forth in this Letter Agreement shall be true and correct as of the date of this Letter Agreement and the consummation of the Rights Offering; (iii) the receipt by each Backstop Party of a legal opinion from Cravath, Swaine &amp; Moore LLP with regard to the matters set forth in <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Exhibit D</u></font>; and (iv) the JBGL Acquisition shall be consummated substantially simultaneously with the issuance to the Backstop Parties of Common Stock pursuant to the Basic Commitments and/or the Backstop Commitments, as applicable, in accordance, in all material respects, with the terms of the Transaction Agreement, without giving effect to any modifications, amendments, consents or waivers thereto that are material and adverse to a Backstop Party without the prior consent of such Backstop Party.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">b)&#160;&#160;&#160;&#160;&#160;&#160;BFE Corp.&#8217;s obligations hereunder are subject to the representations and warranties of the Backstop Parties hereunder being true and correct in all material respects.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">7.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Representations and Warranties of BFE Corp</u></font>. BFE Corp. represents and warrants to each Backstop Party, as of the date of this Letter Agreement and as of the closing of the Rights Offering, as follows:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">a)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Organization</font>. BFE Corp. is duly organized, validly existing and in good standing under the Laws of the State of Delaware.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">b)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Power and Authority; Enforceability</font>. BFE Corp. has all necessary corporate power and authority to execute and deliver this Letter Agreement and each other agreement, document or writing executed or delivered in connection with the Letter Agreement and each amendment or supplement to any of the foregoing (including this Letter Agreement, the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Transaction Documents</u></font>&#8221;) to which it is a party, to perform its obligations hereunder and thereunder and to consummate the transactions to which it is a party (collectively, the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Transactions</u></font>&#8221;). The execution and delivery of and performance by BFE Corp. under this Letter Agreement, and the consummation by BFE Corp. of the Transactions to which it is a party, have been duly authorized and approved by all necessary corporate action by BFE Corp. (including by the Board of Directors of BFE Corp.). The Transaction Documents to which it is a party have been duly executed and delivered by BFE Corp. and, assuming due authorization, execution and delivery hereof and thereof by the other parties hereto and thereto, constitute legal, valid and binding obligations of BFE Corp., enforceable against BFE Corp. in accordance with their terms, subject to the Bankruptcy and Equity Exception.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">c)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">No Violation; Necessary Approvals</font>. Other than as set forth on <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Schedule 7(c)</u></font>, the execution and delivery by BFE Corp. of this Letter Agreement and the other Transaction Documents to which BFE Corp. is a party, the performance by BFE Corp. of its obligations hereunder and thereunder and the consummation of the Transactions by BFE Corp. will not (i) with or without notice or lapse of time, constitute, create or result in a breach or violation of, default under, loss of benefit or right under or acceleration of performance of any obligation required under any (A) Law or Governmental Authority, (B) order, ruling, decision, award, judgment, injunction or other similar determination or finding by, before or under the supervision of any Governmental Body or arbitrator (an &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Order</u></font>&#8221;), (C) Contract or Permit to which, in the case of (A), (B) or (C), BFE Corp. is a party or by which it is bound or any of its assets are subject, or (D) any provision of the organizational documents of BFE Corp. as in effect as of the date of this Letter Agreement; except, in the case of clauses (A), (B) and (C), where any failures, individually or in the aggregate, would not reasonably be expected to have a Buyer Material Adverse Effect; (ii) result in the imposition of any material Encumbrance upon any assets owned by BFE Corp.; (iii) subject to the effectiveness of the Amended Charter, require any consent or amendment under any Contract or organizational document to which BFE Corp. is a party or by which it is bound or any of its assets are subject; (iv) require any Permit under any Law or Order other than (A) required filings with the SEC, (B) filings required under, and compliance with other applicable requirements of, the HSR Act and any other required approval of the consummation of the Transactions by any Governmental Authority pursuant to any other antitrust Laws and (C) notifications or other filings with state or federal regulatory agencies after the date of this Letter Agreement that are necessary or convenient and do not require approval of the agency as a condition to the validity of the Transactions; or (v) trigger any rights of first refusal, preferential purchase or similar rights with respect to any securities of BFE Corp.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">d)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Capitalization</font>. Prior to the effectiveness of the Amended Charter, BFE Corp.&#8217;s authorized equity interests consist of 18,750,000 shares, consisting of (a) 10,000,000 shares of Common Stock, (b) 3,750,000 shares of Class B Common Stock and (c) 5,000,000 shares of Preferred Stock, par value $0.01 per share (&#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Preferred Stock</u></font>&#8221; and, together with the Common Stock and the Class B Common Stock, the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Capital Stock</u></font>&#8221;). With respect to Common Stock, as of the date of this Letter Agreement, 5,456,625 shares are issued and outstanding and 40,481 shares are held in treasury. With respect to Class B Common Stock, as of the date of this Letter Agreement, 780,958 shares are issued and outstanding and 0 shares are held in treasury.&#160;&#160;With respect to Preferred Stock, as of the date of this Letter Agreement, 0 shares are issued and outstanding and 0 shares are held in treasury. All of the issued and outstanding shares of Capital Stock: (a) have been duly authorized and are validly issued, fully paid, and nonassessable, (b) were issued in compliance with all applicable state and federal securities Laws and (c) were not issued in breach of any commitments. Except as disclosed in BFE Corp.&#8217;s filings with the SEC, BFE Corp. has no outstanding options, warrants, exchangeable or convertible securities, subscription rights, exchange rights, statutory pre-emptive rights, preemptive rights granted under BFE Corp.&#8217;s organizational documents, stock appreciation rights, phantom stock, profit participation or similar rights, or any other right or instrument pursuant to which any person may be entitled to purchase any security of BFE Corp., and has no obligation to issue any rights or instruments. Except as disclosed in BFE Corp.&#8217;s filings with the SEC, there are no Contracts with respect to the voting or transfer of any of the Capital Stock. BFE Corp. is not obligated to redeem or otherwise acquire any of its outstanding Capital Stock.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">8.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Representations and Warranties of the Backstop Parties</u></font>.&#160;&#160;Each Backstop Party, severally and not jointly and severally, represents and warrants to BFE Corp. as follows:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">a)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Power and Authority</font>. Such Backstop Party represents and warrants to BFE Corp. that (i) it has the relevant entity power and authority necessary to execute and deliver each Transaction Document to which it is a party, and to perform and consummate the purchases of shares of Common Stock contemplated hereby; and (ii) it has taken all action necessary to authorize the execution and delivery by it of each Transaction Document to which it is a party, the performance of its obligations thereunder, and the consummation by it of the purchases of shares of Common Stock contemplated hereby.&#160;&#160;This Letter Agreement has been duly authorized, executed and delivered by it, and is enforceable against it in accordance with its terms, except as such enforceability may be subject to the Bankruptcy and Equity Exception.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">b)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Registration Statement</font>. The information provided by such Backstop Party for inclusion in the Registration Statement and each amendment or supplement thereto, at the time of dissemination thereof, the time of any amendment or supplement thereto and the time it becomes effective, will not include any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">c)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">No Violation; Necessary Approvals</font>. The execution and the delivery by such Backstop Party of this Letter Agreement, the performance by such Backstop Party of its obligations hereunder and consummation by such Backstop Party of the purchases of Common Stock contemplated hereby will not, with or without notice or lapse of time, constitute, create or result in a breach or violation of, default under, loss of benefit or right under or acceleration of performance of any obligation required under any (A) Law or Governmental Authority, (B) Order, (C) Contract or Permit to which, in the case of (A), (B) or (C), such Backstop Party is a party or by which it is bound or any of its assets are subject, or (D) any provision of the organizational documents of such Backstop Party as in effect as of the date of this Letter Agreement; except, in the case of clauses (A), (B) and (C), where any failures, individually or in the aggregate, would not reasonably be expected to have a material adverse effect on the ability of such Backstop Party to fulfill its obligations under this Letter Agreement.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">d)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">No Registration</font>.&#160;&#160;Such Backstop Party understands that the Common Stock purchased by it pursuant to this Letter Agreement will not be registered under the Securities Act by reason of an exemption from the registration provisions of the Securities Act, the availability of which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of such Backstop Party&#8217;s representations herein or otherwise made pursuant hereto. Such Backstop Party understands that BFE Corp. is relying upon the truth of its representations in connection with the issuance and sale of the shares of Common Stock to be purchased by such Backstop Party pursuant to this Letter Agreement.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">e)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Investment Intent.</font> Such Backstop Party is acquiring the Common Stock purchased by it pursuant to this Letter Agreement for investment for its own account, not as a nominee or agent, and not with the view to, or for resale in connection with, any distribution thereof not in compliance with applicable securities Laws, and such Backstop Party has no present intention of selling, granting any participation in, or otherwise distributing the same, except in compliance with applicable securities Laws.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">f)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Sophistication.</font> Such Backstop Party has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of its investment in the Common Stock being acquired hereunder. Such Backstop Party is an accredited investor within the meaning of Rule 501(a) under the Securities Act. Such Backstop Party has conducted its own investigation, analysis and appraisal with respect to BFE Corp. and the purchase of shares of Common Stock hereunder as it has deemed necessary, has access to all information that it believes necessary, sufficient or appropriate to evaluate BFE Corp. and the purchase of shares of Common Stock hereunder and has had the opportunity to discuss such information with its advisors. Such Backstop Party understands and is able to bear any economic risks associated with its investment in the Common Stock to be acquired pursuant hereto (including, without limitation, the necessity of holding such shares of Common Stock for an indefinite period of time) and has made its own investment decision regarding BFE Corp. and the purchase of shares of Common Stock hereunder based on its own knowledge and investigation.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">g)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Sufficiency of Funds.</font> Such Backstop Party has and will have available funds sufficient to pay the aggregate purchase price for all Common Stock to be purchased by such Backstop Party hereunder.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">h)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">No Representations; Information.</font> None of BFE Corp., the Sellers, the Companies or their respective Affiliates has made any representation or warranty, express or implied, regarding any aspect of the Transactions except as set forth herein and in the Transaction Agreement, as applicable, and such Backstop Party is not relying on any such representation or warranty not contained herein or therein (it being understood and agreed that such Backstop Party is entitled to rely on the representations and warranties of BFE Corp, the Sellers and the Companies contained in the Transaction Agreement). Such Backstop Party acknowledges that each of BFE Corp., the Sellers, the Companies and/or their respective Affiliates may possess or have access to information concerning any of them or the Transactions that has not been communicated to such Backstop Party and such Backstop Party hereby waives any and all claims it may have or may hereafter acquire against each of BFE Corp., the Sellers, the Companies and their respective Affiliates relating to any failure to disclose information in connection with the Transactions.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">i)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Ownership of Common Stock. </font>The aggregate number of shares of Common Stock owned by such Backstop Party and its Affiliates as of the date hereof is set forth on <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Exhibit B</u></font> hereto. Such Backstop Party (on behalf of itself and its Affiliates) hereby agrees not to offer, sell, contract to sell, pledge or otherwise dispose of, or, other than in connection with its obligations pursuant to its Basic Commitment and/or its Backstop Commitment, as applicable, purchase or otherwise acquire, directly or indirectly, any Common Stock or securities convertible into or exchangeable or exercisable for Common Stock prior to the Closing or termination of the Transaction Agreement in accordance with its terms.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">9.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Expenses; Indemnification</u></font>.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">a)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">General</font>. Whether or not the transactions contemplated hereby are consummated, BFE Corp. agrees to: (x) reimburse the reasonable and documented legal fees and expenses of the Backstop Parties incurred in connection with the preparation and negotiation of this Letter Agreement, and the proposed documentation and the transactions contemplated hereby, up to $10,000, in the aggregate; and (y) indemnify and hold harmless each Backstop Party and its equityholders, members and general and limited partners and the respective officers, directors, employees, affiliates, advisors, agents, attorneys, accountants and consultants of each such entity and to hold each Backstop Party and such other persons and entities (each, an &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Indemnified Person</u></font>&#8221;) harmless from and against any and all losses, claims, damages, liabilities and expenses, joint or several, which any such person or entity may incur, have asserted against it or be involved in as a result of or arising out of or in any way related to this Letter Agreement, the matters referred to herein (including, without limitation, the Rights Offering and the Transactions), the proposed Backstop Commitments contemplated hereby, the use of proceeds thereunder or any related transaction or any claim, litigation, investigation or proceeding relating to any of the foregoing, regardless of whether any of such Indemnified Persons is a party thereto, and to reimburse each such Indemnified Person within five business days of demand for any legal or other expenses incurred in connection with any of the foregoing; <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>provided</u></font>, <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>however</u></font>, that the foregoing indemnity will not, as to any Indemnified Person, apply to losses, claims, damages, liabilities or related expenses to the extent they have resulted from the bad faith, willful misconduct or gross negligence of such Indemnified Person. Notwithstanding any other provision of this Letter Agreement, neither BFE Corp. nor any Indemnified Person will be liable for any special, indirect, consequential or punitive damages in connection with its respective activities related to the Backstop Commitments. The terms set forth in this paragraph shall survive termination of this Letter Agreement.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">b)&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Tax Withholdings and Indemnity</font>. BFE Corp. agrees not to withhold any taxes on any payments made to a Backstop Party under this Letter Agreement; <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>provided</u></font> that to the extent BFE Corp. is required (by Law or pursuant to the conclusion of any legal proceeding or the reasonable interpretation or administration thereof) to withhold, remit or pay over any taxes on any payments made to a Backstop Party under this Letter Agreement, BFE Corp. agrees to indemnify such Backstop Party and make them whole with respect to any and all such taxes actually withheld including any and all associated interest and penalties.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">10.&#160;&#160;&#160;&#160;&#160;&#160;[Intentionally Omitted.]</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">11.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>No Recourse</u></font>. Notwithstanding anything that may be expressed or implied in this Letter Agreement, or any document or instrument delivered in connection herewith, by its acceptance of the benefits of this Letter Agreement, BFE Corp. covenants, agrees and acknowledges that no personal liability shall attach to the former, current or future equityholders, controlling persons, directors, officers, employees, agents, affiliates, members, managers general or limited partners or assignees of any Backstop Party or any former, current or future equityholder, controlling person, director, officer, employee, general or limited partner, member, manager, affiliate, agent or assignee of any of the foregoing, whether by enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or applicable law, or otherwise.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">12.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Assignment; Third Party Beneficiaries</u></font>. This Letter Agreement (a) is not assignable by BFE Corp., on the one hand, or the Backstop Parties, on the other hand, without the prior consent of the other party or parties, as applicable (and any purported assignment without such consent shall be null and void) and (b) is intended to be solely for the benefit of the parties hereto and is not intended to confer any benefits upon, or create any rights of, any person other than the parties hereto.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">13.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Governing Law; Jurisdiction</u></font>.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">a)&#160;&#160;&#160;&#160;&#160;&#160;This Letter Agreement shall be governed by, and construed in accordance with, the laws of the State of New York, without giving effect to any choice or conflict of laws provision or rule (whether of the State of New York or any other jurisdiction) that would cause the application of the Laws of any jurisdiction other than the State of New York.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">b)&#160;&#160;&#160;&#160;&#160;&#160;Each of the parties hereto hereby agrees that: (i) all actions and proceedings arising out of or relating to this Letter Agreement shall be heard and determined exclusively in the courts of the State of New York or any court of the United States located within the City of New York in the State of New York; (ii) agrees that it will not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court; and (iii) a final judgment in any action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by Law.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">c)&#160;&#160;&#160;&#160;&#160;&#160;Each party irrevocably consents to the service of process outside the territorial jurisdiction of the courts referred to in this <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Section 13</u></font> in any such action or proceeding by mailing copies thereof by registered or certified United States mail, postage prepaid, return receipt requested, to the following addresses:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">If to BFE Corp., to:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Cravath, Swaine &amp; Moore LLP</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Worldwide Plaza</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">825 Eighth Avenue</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">New York, NY 10019</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Attention&#160;: Craig F. Arcella</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Fax&#160;: (212) 474-3700</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">E-mail: carcella@cravath.com</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">with a copy (which shall not constitute notice) to:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">BioFuel Energy Corp.</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">1600 Broadway, Suite 1740</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Denver, CO 80202</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Attention: Mark Zoeller</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Fax: (303) 592-8117</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">E-mail: mzoeller@bfenergy.com</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">If to the Backstop Parties, to:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">c/o Third Point, LLC</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">390 Park Avenue</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">New York, NY 10022</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Attention: Josh Targoff and Mendy Haas</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">E-mail: jtargoff@thirdpoint.com and mhaas@thirdpoint.com</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">with a copy (which shall not constitute notice) to:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Willkie Farr &amp; Gallagher LLP</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">787 Seventh Avenue</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">New York, NY 10019</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Attention: Morgan Elwyn</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">Fax&#160;: (212) 728-8111</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; MARGIN-LEFT: 54pt; LINE-HEIGHT: 13.7pt">E-mail&#160;: melwyn@willkie.com</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt">However, the foregoing shall not limit the right of a party to effect service of process on any other party by any other legally available method.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">14.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Waiver of Jury Trial</u></font>. Each party acknowledges and agrees that any controversy that may arise under this Letter Agreement is likely to involve complicated and difficult issues, and therefore each such party hereby irrevocably and unconditionally waives any right such party may have to a trial by jury in respect of any litigation directly or indirectly arising out of, under or relating to this Letter Agreement, or any of the Transactions. Each party certifies and acknowledges that (i) no representative, agent or attorney of any other party has represented, expressly or otherwise, that such other party would not, in the event of litigation, seek to enforce the foregoing waiver, (ii) each party understands and has considered the implications of this waiver, (iii) each party makes this waiver voluntarily and (iv) each party has been induced to enter into this Letter Agreement by, among other things, the mutual waivers and certifications expressed above.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">15.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Amendment; Waiver; Counterparts</u></font>. This Letter Agreement may not be amended, modified or waived except in a writing signed by each of the Backstop Parties and BFE Corp., and with the prior written consent thereto by the Sellers. This Letter Agreement may be executed in any number of counterparts, each of which shall be an original, and all of which, when taken together, shall constitute one agreement. Delivery of an executed counterpart of this Letter Agreement by facsimile or e-mail shall be effective as delivery of a manually executed counterpart of this Letter Agreement.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">16.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Termination</u></font>. The obligations of each of the Backstop Parties under this Letter Agreement shall terminate immediately, at such Backstop Party&#8217;s election, at any time prior to the consummation of the Rights Offering upon the occurrence of any of the following: (i) if in the reasonable judgment of the Backstop Party, the conditions in <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Section 6</u></font> become incapable of being satisfied prior to the End Date; (ii) a Material Adverse Effect, Buyer Material Adverse Effect or a Seller Material Adverse Effect has occurred; (iii) BFE Corp.&#8217;s adoption of any plan of reorganization, liquidation or dissolution or filing of a petition in bankruptcy under any provisions of federal or state bankruptcy Law or consent to the filing of any bankruptcy petition against it under any similar Law; (iv) the Common Stock shall no longer be listed on NASDAQ; or (v) the Transaction Agreement shall have been terminated. Further, the Backstop Parties, on the one hand, or BFE Corp., on the other hand, may terminate this Letter Agreement at any time upon five business days&#8217; prior written notice upon the occurrence of any of the following events: (x) the material breach of any of the representations, warranties or covenants set forth in this Letter Agreement of BFE Corp. or the Backstop Parties, as applicable, that remains uncured for a period of five business days after the receipt by the non-terminating party of notice of such breach or (y) the issuance by any Governmental Authority, including any regulatory authority or court of competent jurisdiction, of any ruling or order enjoining the consummation of a material portion of the Rights Offering or any related transactions. The Letter Agreement, and the obligations of the parties hereunder, may be terminated by mutual agreement between the parties.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">17.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Entire Agreement</u></font>. This Letter Agreement constitutes the entire understanding among the parties hereto with respect to the subject matter hereof and replaces and supersedes all prior agreements and understandings, both written on oral, between the parties hereto with respect to the subject matter hereof and shall become effective and binding upon the mutual exchange of fully executed counterparts.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 54pt">18.&#160;&#160;&#160;&#160;&#160;&#160;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Registration Rights Agreement</u></font>. Prior to the consummation of the Rights Offering, BFE Corp. and the Backstop Parties will enter into a registration rights agreement in customary form, including the terms set forth on <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif"><u>Exhibit C</u></font> hereto.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt; TEXT-INDENT: 36pt">If the foregoing is in accordance with your understanding of our agreement, please sign this letter in the space indicated below and return it to us.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Very truly yours,</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">THIRD POINT LLC (for and on</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">behalf of the Backstop Parties)</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">/s/ Mendy R. Haas&#160;</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Name:&#160; Mendy R. Haas</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Title:&#160;&#160;&#160; CFO</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">The foregoing is hereby accepted and agreed</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">to in all respects by the undersigned:</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">BIOFUEL ENERGY CORP.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">/s/ Scott H. Pearce&#160;</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Name:&#160; Scott H. Pearce</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Title:&#160;&#160;&#160; President and Chief Executive Officer</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">EXHIBIT A</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">Backstop Parties</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Third Point Partners L.P.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Third Point Partners Qualified L.P.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Third Point Offshore Master Fund L.P.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Third Point Ultra Master Fund L.P.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Third Point Reinsurance Company Ltd.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">EXHIBIT B</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">COMMON STOCK OWNERSHIP</div>

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<div style="text-align: center; line-height: 13.7pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><u>Number of Shares of Common Stock </u></div>

<div style="text-align: center; line-height: 13.7pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><u>and Percentage Ownership</u></div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">1,043,126 shares (16.7 % of the total</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">outstanding Common Stock and&#160;</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">Class B Common Stock exclusive of</div>

<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">treasury shares)</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">Registration Rights Agreement Term Sheet for a Backstop Party</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt">BioFuel Energy Corp. (&#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>BIOF</u></font>&#8221;) and the Backstop Parties (as defined in that certain Rights Offering Backstop Agreement to which this term sheet is attached as Exhibit C (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Backstop Agreement</u></font>&#8221;)) shall enter into a Registration Rights Agreement (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Registration Rights Agreement</u></font>&#8221;) in connection with the transactions contemplated by the Backstop Agreement. Capitalized terms used but not otherwise defined herein have the meanings ascribed to them in the Backstop Agreement.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt">Registrable Common Stock:</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: justify; LINE-HEIGHT: 13.7pt">&#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Registrable Common Stock</u></font>&#8221; shall mean any share of BIOF common stock, par value $0.01 per share (the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Common Stock</u></font>&#8221;) beneficially owned by the Backstop Parties or their Affiliates from time to time (collectively, the &#8220;<font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold"><u>Holders</u></font>&#8221;); provided that any share of Common Stock that is considered to be Registrable Common Stock shall cease to be Registrable Common Stock (a) upon the sale thereof pursuant to an effective registration statement, (b) upon the sale thereof pursuant to Rule 144 (or successor rule under the Securities Act), (c) when such security ceases to be outstanding or (d) when all such securities held by a Holder become eligible for immediate sale under Rule 144 (or successor rule under the Securities Act) without any time or volume limitations under such rule.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Piggyback Rights:</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt"><font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Notice</font>: BIOF shall give notice of an intended registered offering to the Holders as soon as reasonably practicable, but no less than 15 days prior to the anticipated filing date.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt"><font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Cutbacks</font>: Cutbacks will be permitted in an underwritten offering if the underwriter determines in good faith that selling the number of shares requested to be included in the offering would materially and adversely affect BIOF&#8217;s ability to sell the shares at the desired offering price. If the offering is for BIOF&#8217;s account, then priority will be given to the shares being sold by BIOF, then to the Holders and other similarly-situated backstop parties (pro rata based on the number of shares that each elects to include in the registration), then to other BIOF stockholders. If the offering is initiated for the account of BIOF stockholders other than Holders or other similarly-situated backstop parties, priority shall be to those stockholders, then to the Holders and other similarly-situated backstop parties (pro rata based on the number of shares that each elects to include in the registration), then to the shares being sold by BIOF.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt"><font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-STYLE: italic">Withdrawal</font>: The Holders may withdraw from a piggyback registration at any time.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">All expenses of the registered offerings pursuant to exercise by the Holders of their registration rights shall be paid by BIOF (other than underwriting discounts and commissions with respect to underwritten offerings). In connection with each piggyback registration, BIOF shall reimburse the Holders for the reasonable fees and disbursements of one counsel on behalf of all Holders and all similarly-situated backstop parties.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Termination of Registration Rights:</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">BIOF&#8217;s obligations to register Common Stock with respect to a particular Holder shall terminate when such Holder is able to sell all of its Registrable Common Stock without limitation under Rule 144 of the Securities Act of 1933.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">Customary indemnification provisions to be set forth in the Registration Rights Agreement.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">New York.</div>
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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">EXHIBIT D</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt">MATTERS TO BE ADDRESSED IN OPINION OF CRAVATH, SWAINE &amp; MOORE LLP</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">1. Based solely on a certificate from the Secretary of State of the State of Delaware, the Company is a corporation validly existing and in good standing under the laws of the State of Delaware.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">2. The Shares have been duly and validly authorized and, upon the issuance thereof, the Shares will be validly issued, fully paid and nonassessable.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">3. No authorization, approval or other action by, and no notice to, consent of, order of, or filing with, any United States Federal, New York State or, to the extent required under the General Corporation Law of the State of Delaware, Delaware governmental authority is required to be made or obtained by the Company for the acquisition of the Shares by the Backstop Parties in connection with the Backstop Commitment (as defined in the Letter Agreement), other than those that may be required under the blue sky laws of any jurisdiction.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">4. The statements made in the Prospectus under the caption &#8220;Description of Capital Stock&#8221;, insofar as they purport to constitute summaries of the terms of the Shares, and under the caption &#8220;Material U.S Federal Income Tax Consequences&#8221;, insofar as they purport to describe the material tax consequences of (i) the receipt and exercise of the Rights and (ii) the acquisition ownership and disposition of the Company&#8217;s Common Stock fairly summarize the matters therein described.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">5. The Registration Statement became effective under the Securities Act on <font style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; FONT-WEIGHT: bold">[__]</font>, 2014, and thereupon the offering contemplated by the Prospectus became registered under the Securities Act; to our knowledge, no stop order suspending the effectiveness of the Registration Statement has been issued and no proceedings for that purpose have been instituted or are pending or contemplated under the Securities Act.</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: left; LINE-HEIGHT: 13.7pt">6. The Rights have been duly and validly authorized, and, when validly issued in accordance with such authorization, will constitute legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their terms (subject to applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and other similar laws affecting creditors rights generally from time to time in effect and to general principles of equity, including, without limitation, concepts of materiality, reasonableness, good faith and fair dealing, regardless of whether considered in proceeding in equity or at law).</div>

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<div style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', serif; TEXT-ALIGN: center; LINE-HEIGHT: 13.7pt"><u>Schedule 7(c)</u></div>

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