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Monsanto Co/New – ‘10-Q’ for 5/31/12 – ‘EX-10.3’

On:  Friday, 6/29/12, at 11:45am ET   ·   For:  5/31/12   ·   Accession #:  1193125-12-289129   ·   File #:  1-16167

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/29/12  Monsanto Co/New                   10-Q        5/31/12   85:12M                                    Donnelley … Solutions/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.04M 
 2: EX-10.3     Material Contract                                   HTML     27K 
 3: EX-10.4     Material Contract                                   HTML     29K 
 4: EX-10.5     Material Contract                                   HTML    598K 
 5: EX-12       Statement re: Computation of Ratios                 HTML     50K 
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     28K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     28K 
 8: EX-32       Certification -- §906 - SOA'02                      HTML     23K 
57: R1          Document and Entity Information                     HTML     42K 
44: R2          Statements of Consolidated Operations (Unaudited)   HTML    177K 
55: R3          Condensed Statements of Consolidated Financial      HTML    198K 
                Position (Unaudited)                                             
59: R4          Condensed Statements of Consolidated Financial      HTML     48K 
                Position (Parenthetical) (Unaudited)                             
79: R5          Statements of Consolidated Cash Flows (Unaudited)   HTML    192K 
46: R6          Statements of Consolidated Shareholders Equity and  HTML    115K 
                Comprehensive Income (Unaudited)                                 
54: R7          Statements of Consolidated Shareholders Equity and  HTML     46K 
                Comprehensive Income (Parenthetical) (Unaudited)                 
40: R8          Background and Basis of Presentation                HTML     38K 
30: R9          New Accounting Standards                            HTML     34K 
80: R10         Business Combinations                               HTML     54K 
61: R11         Customer Financing Programs                         HTML     45K 
60: R12         Variable Interest Entities                          HTML     62K 
66: R13         Restructuring                                       HTML    138K 
67: R14         Receivables                                         HTML     42K 
64: R15         Inventory                                           HTML     37K 
68: R16         Goodwill and Other Intangible Assets                HTML     86K 
56: R17         Investments and Equity Affiliates                   HTML     36K 
58: R18         Deferred Revenue                                    HTML     39K 
63: R19         Income Taxes                                        HTML     30K 
85: R20         Debt and Other Credit Arrangements                  HTML     33K 
75: R21         Fair Value Measurements                             HTML    159K 
50: R22         Financial Instruments                               HTML    232K 
62: R23         Postretirement Benefits - Pensions, Health Care     HTML    108K 
                and Other                                                        
52: R24         Stock-Based Compensation Plans                      HTML     62K 
22: R25         Comprehensive Income                                HTML     48K 
76: R26         Earnings Per Share                                  HTML     42K 
82: R27         Supplemental Cash Flow Information                  HTML     31K 
35: R28         Commitments and Contingencies                       HTML     43K 
34: R29         Segment Information                                 HTML    133K 
38: R30         Discontinued Operations                             HTML     33K 
39: R31         Subsequent Events                                   HTML     28K 
41: R32         Business Combinations (Tables)                      HTML     39K 
20: R33         Variable Interest Entities (Tables)                 HTML     47K 
73: R34         Restructuring (Tables)                              HTML    128K 
48: R35         Receivables (Tables)                                HTML     32K 
51: R36         Inventory (Tables)                                  HTML     34K 
25: R37         Goodwill and Other Intangible Assets (Tables)       HTML     82K 
84: R38         Fair Value Measurements (Tables)                    HTML    147K 
15: R39         Financial Instruments (Tables)                      HTML    196K 
42: R40         Postretirement Benefits - Pensions, Health Care     HTML     98K 
                and Other (Tables)                                               
78: R41         Stock Based Compensation Plans (Tables)             HTML     56K 
24: R42         Comprehensive Income (Tables)                       HTML     42K 
33: R43         Earnings Per Share (Tables)                         HTML     36K 
37: R44         Supplemental Cash Flow (Tables)                     HTML     28K 
45: R45         Segment Information (Tables)                        HTML    120K 
19: R46         Business Combinations (Details)                     HTML     77K 
29: R47         Customer Financing Programs (Details)               HTML     59K 
17: R48         Variable Interest Entities (Details)                HTML     45K 
77: R49         Restructuring (Details)                             HTML    130K 
23: R50         Receivables (Details)                               HTML     43K 
74: R51         Inventory (Details)                                 HTML     39K 
26: R52         Goodwill and Other Intangible Assets (Details)      HTML     86K 
43: R53         Investments and Equity Affiliates (Details)         HTML     65K 
16: R54         Deferred Revenue (Details)                          HTML     58K 
18: R55         Income Taxes (Details)                              HTML     26K 
36: R56         Debt and Other Credit Arrangements (Details)        HTML     55K 
21: R57         Fair Value Measurements (Details)                   HTML    108K 
81: R58         Financial Instruments - Fair Value and Notional     HTML     77K 
                Amounts (Details)                                                
47: R59         Financial Instruments - Gain-Loss (Details)         HTML     65K 
65: R60         Postretirement Benefits - Pensions, Health Care     HTML     75K 
                and Other (Details)                                              
28: R61         Stock Based Compensation Plans (Details)            HTML     56K 
31: R62         Comprehensive Income (Details)                      HTML     57K 
72: R63         Earnings Per Share (Details)                        HTML     47K 
70: R64         Supplemental Cash Flow Information (Details)        HTML     33K 
49: R65         Commitments and Contingencies (Details)             HTML     33K 
71: R66         Segment Information (Details)                       HTML     65K 
27: R67         Discontinued Operations (Details)                   HTML     37K 
53: R68         Subsequent Events (Details)                         HTML     25K 
83: XML         IDEA XML File -- Filing Summary                      XML    120K 
32: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   2.09M 
 9: EX-101.INS  XBRL Instance -- mon-20120531                        XML   3.24M 
11: EX-101.CAL  XBRL Calculations -- mon-20120531_cal                XML    267K 
12: EX-101.DEF  XBRL Definitions -- mon-20120531_def                 XML    710K 
13: EX-101.LAB  XBRL Labels -- mon-20120531_lab                      XML   1.79M 
14: EX-101.PRE  XBRL Presentations -- mon-20120531_pre               XML   1.17M 
10: EX-101.SCH  XBRL Schema -- mon-20120531                          XSD    252K 
69: ZIP         XBRL Zipped Folder -- 0001193125-12-289129-xbrl      Zip    223K 


‘EX-10.3’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-10.3  

EXHIBIT 10.3

MONSANTO COMPANY 2005 LONG-TERM INCENTIVE PLAN (AS AMENDED AND RESTATED AS

OF JANUARY 24, 2012)

Terms and Conditions of Restricted Share Grant to Non-Employee Director [Elective Retainer Amount]

To                 

You have elected to receive an Award of Restricted Shares (the “Restricted Shares”) under the Monsanto Company 2005 Long-Term Incentive Plan (as Amended and Restated as of January 24, 2012) (the “Plan” and, together with the Monsanto Company Non-Employee Director Equity Incentive Compensation Plan, the “Plans”). The Grant Date and the number of Restricted Shares covered by this Award are set forth in the document you have received entitled “Restricted Shares Statement.” The Restricted Shares Statement and these Terms and Conditions collectively constitute the Award Certificate for the Restricted Shares, and together with the Plans, describe the provisions applicable to the Restricted Shares.

1. Definitions. Each capitalized term not otherwise defined herein has the meaning set forth in the Plan or, if not defined in the Plan, in the attached Restricted Shares Statement. The “Company” means Monsanto Company, a Delaware corporation incorporated February 9, 2000.

2. Delivery of Restricted Shares. (a) As of the Grant Date, the Restricted Shares have been registered in your name in a book-entry account maintained by Computershare Shareowner Services LLC, the Company’s transfer agent. This registration constitutes delivery of the Restricted Shares to you for all purposes. This book-entry account indicates that the Restricted Shares are subject to these Terms and Conditions.

(b) Until such time (if any) as the Restricted Shares vest, you may not sell, assign, transfer, pledge, hypothecate, give away, or otherwise dispose of them. Any attempt on your part to dispose of the Restricted Shares will result in their being forfeited. However, you shall have all other rights of a shareowner of the Company with respect to the Restricted Shares, including the right to vote such stock at any meeting of the shareowners of the Company and the right to receive all dividends and other distributions declared and paid with respect to the Restricted Shares (“Dividends”). If any of the Restricted Shares are forfeited before vesting, then (i) you shall not receive any Dividends for which the record date is after the day after such forfeiture occurs, and (ii) from and after the day after such forfeiture occurs, you shall no longer have any other rights as a shareowner with respect to the Restricted Shares.

3. Vesting. The Restricted Shares shall vest on the last day of each of the [12] months immediately following the Grant Date, as follows: (i) [10] installments of [XXX] Restricted Shares each, with each installment vesting on the last day of each of the [10] months immediately following the Grant Date, with the first installment vesting on [September 30, 201X] and the last installment vesting on [June 30, 201X], and (ii) [two] installments of [XXX] Restricted Shares each, with each installment vesting on the last day of each month, with the first installment vesting on


[July 31, 201X] and the last installment vesting on August 31, [201X], provided that in each case of (i) and (ii) you remain a Director on the applicable vesting day, and subject to Section 4 below. If your Termination Date occurs on or before August 30, [201X], the Restricted Shares that are scheduled to vest on or after the Termination Date shall be forfeited. Notwithstanding anything to the contrary in the Plan or Section 7 below, Section 11.17 of the Plan shall have no application with respect to the Restricted Shares.

4. Taxes. You must make arrangements for the payment of any taxes that are required to be paid in connection with the vesting of the Restricted Shares. If you make an election under Section 83(b) of the Code to be taxed on the Restricted Shares upon receiving them, you must notify the Company within ten days after making such election. You must make arrangements for the payment of any taxes that are required to be paid as a result of your election.

5. Effect of Award Certificate; Severability. The Award Certificate shall be binding upon and shall inure to the benefit of any successor of the Company and the person or entity to whom the Restricted Shares may have been transferred by will, the laws of descent and distribution or designation. The invalidity or enforceability of any provision of the Award Certificate shall not affect the validity or enforceability of any other provision of the Award Certificate.

6. Amendment. The terms and conditions of the Award Certificate may not be amended in a manner adverse to you without your consent.

7. Plan Interpretation. The Award Certificate is subject to the provisions of the Plans, and all of the provisions of the Plans are hereby incorporated into the Award Certificate as provisions of the Restricted Shares. If there is a conflict between the provisions of the Award Certificate and the Plan, the provisions of the Plan govern (and, in the case where there is a conflict between the provisions of the Plans, the terms of the Plans regarding the resolution of such conflict shall govern). If there is any ambiguity in the Award Certificate, any term that is not defined in the Award Certificate, or any matters as to which the Award Certificate is silent, the Plans shall govern, including, without limitation, the provisions of the Plans addressing construction, governing law, and the powers of the People and Compensation Committee of the Board of Directors of the Company, among others, to (i) interpret the Plans, (ii) prescribe, amend and rescind rules and regulations relating to the Plans, (iii) make appropriate adjustments to the Restricted Shares to reflect non-United States laws or customs or in the event of a corporate transaction, and (iv) make all other determinations necessary or advisable for the administration of the Plans.


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:6/29/128-K,  S-3ASR
For Period end:5/31/12
1/24/128-K,  DEF 14A
2/9/00
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Filing Submission 0001193125-12-289129   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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