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Agco Corp/DE – ‘10-K’ for 12/31/15 – ‘EX-10.28’

On:  Friday, 2/26/16, at 11:59am ET   ·   For:  12/31/15   ·   Accession #:  880266-16-44   ·   File #:  1-12930

Previous ‘10-K’:  ‘10-K’ on 2/27/15 for 12/31/14   ·   Next:  ‘10-K’ on 2/28/17 for 12/31/16   ·   Latest:  ‘10-K’ on 2/27/24 for 12/31/23   ·   4 References:   

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

 2/26/16  Agco Corp/DE                      10-K       12/31/15  116:20M

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

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.48M 
 3: EX-10.13    Material Contract                                   HTML    185K 
 4: EX-10.19    Material Contract                                   HTML     55K 
 5: EX-10.28    Material Contract                                   HTML     42K 
 2: EX-10.9     Material Contract                                   HTML    142K 
 6: EX-21.1     Subsidiaries List                                   HTML     60K 
 7: EX-23.1     Consent of Experts or Counsel                       HTML     34K 
 8: EX-24.1     Power of Attorney                                   HTML     42K 
 9: EX-31.1     Certification -- §302 - SOA'02                      HTML     41K 
10: EX-31.2     Certification -- §302 - SOA'02                      HTML     41K 
11: EX-32.1     Certification -- §906 - SOA'02                      HTML     36K 
18: R1          Document and Entity Information Document            HTML     61K 
19: R2          Consolidated Statements of Operations               HTML    100K 
20: R3          Consolidated Statements of Comprehensive Income     HTML     81K 
                (Loss)                                                           
21: R4          Consolidated Balance Sheets                         HTML    128K 
22: R5          Consolidated Balance Sheets Parenthetical           HTML     53K 
23: R6          Consolidated Statements of Stockholders' Equity     HTML    207K 
24: R7          Consolidated Statements of Cash Flows               HTML    137K 
25: R8          Operations and Summary of Significant Accounting    HTML    419K 
                Policies                                                         
26: R9          Acquisitions                                        HTML     65K 
27: R10         Restructuring and Other Infrequent Expenses         HTML     40K 
28: R11         Accounts Receivable Sales Agreements                HTML     43K 
29: R12         Investments in Affiliates                           HTML     77K 
30: R13         Income Taxes                                        HTML    159K 
31: R14         Indebtedness                                        HTML     89K 
32: R15         Employee Benefit Plans                              HTML    472K 
33: R16         Stockholders' Equity                                HTML    122K 
34: R17         Stock Incentive Plan                                HTML    124K 
35: R18         Derivative Instruments and Hedging Activities       HTML    136K 
36: R19         Commitments and Contingencies                       HTML     95K 
37: R20         Fair Value of Financial Instruments                 HTML     66K 
38: R21         Related Party Transactions                          HTML     47K 
39: R22         Segment Reporting                                   HTML    203K 
40: R23         Subsequent Event                                    HTML     36K 
41: R24         Schedule II - Valuation and Qualifying Account      HTML    172K 
42: R25         Operations and Summary of Significant Accounting    HTML    246K 
                Policies (Policies)                                              
43: R26         Operations and Summary of Significant Accounting    HTML    366K 
                Policies (Tables)                                                
44: R27         Acquisitions (Tables)                               HTML     53K 
45: R28         Investments in Affiliates (Tables)                  HTML     73K 
46: R29         Income Taxes (Tables)                               HTML    153K 
47: R30         Indebtedness (Tables)                               HTML     65K 
48: R31         Employee Benefit Plans (Tables)                     HTML    484K 
49: R32         Stockholders' Equity (Tables)                       HTML    104K 
50: R33         Stock Incentive Plan (Tables)                       HTML    109K 
51: R34         Derivative Instruments and Hedging Activities       HTML     99K 
                (Tables)                                                         
52: R35         Commitments and Contingencies (Tables)              HTML     87K 
53: R36         Fair Value of Financial Instruments (Tables)        HTML     56K 
54: R37         Segment Reporting (Tables)                          HTML    208K 
55: R38         Operations and Summary of Significant Accounting    HTML     88K 
                Policies (Details)                                               
56: R39         Operations and Summary of Significant Accounting    HTML     90K 
                Policies - Accounts and Notes Receivable (Details)               
57: R40         Operations and Summary of Significant Accounting    HTML     52K 
                Policies - Inventories (Details)                                 
58: R41         Operations and Summary of Significant Accounting    HTML     61K 
                Policies - Property Plant and Equipment (Details)                
59: R42         Operations and Summary of Significant Accounting    HTML    153K 
                Policies - Goodwill and Other Intangible Assets                  
                (Details)                                                        
60: R43         Operations and Summary of Significant Accounting    HTML     70K 
                Policies - Accrued Expense and Reserves (Details)                
61: R44         Operations and Summary of Significant Accounting    HTML     42K 
                Policies - Stock Compensation Allocation (Details)               
62: R45         Operations and Summary of Significant Accounting    HTML     48K 
                Policies - Expenses (Details)                                    
63: R46         Operations and Summary of Significant Accounting    HTML     64K 
                Policies - Earnings Per Share (Details)                          
64: R47         Operations and Summary of Significant Accounting    HTML     78K 
                Policies - Comprehensive Income (Details)                        
65: R48         Acquisitions (Narrative) (Details)                  HTML     57K 
66: R49         Acquisitions (Schedule Of Acquired Other            HTML     51K 
                Identifiable Intangible Assets) (Details)                        
67: R50         Restructuring and Other Infrequent Expenses         HTML     49K 
                (Details)                                                        
68: R51         Accounts Receivable Sales Agreements (Details)      HTML     44K 
69: R52         Investments in Affiliates (Details)                 HTML     79K 
70: R53         Income Taxes (Narrative) (Details)                  HTML     71K 
71: R54         Income Taxes (Schedule of Income before Income      HTML     40K 
                Tax, Domestic and Foreign) (Details)                             
72: R55         Income Taxes (Schedule of Components of Income Tax  HTML     65K 
                Expense (Benefit)) (Details)                                     
73: R56         Income Taxes (Schedule of Effective Income Tax      HTML     59K 
                Rate Reconciliation) (Details)                                   
74: R57         Income Taxes (Schedule of Deferred Tax Assets and   HTML     78K 
                Liabilities) (Details)                                           
75: R58         Income Taxes (Summary of Income Tax Contingencies)  HTML     53K 
                (Details)                                                        
76: R59         Indebtedness (Narrative) (Details)                  HTML    128K 
77: R60         Indebtedness (Components Of Indebtedness)           HTML     53K 
                (Details)                                                        
78: R61         Indebtedness (Maturities of Long-term Debt)         HTML     49K 
                (Details)                                                        
79: R62         Indebtedness (Interest Expense Recognized On        HTML     35K 
                Convertible Senior Subordinated Notes) (Details)                 
80: R63         Employee Benefit Plans (Narrative) (Details)        HTML    168K 
81: R64         Employee Benefit Plans (Net Pension And             HTML     67K 
                Postretirement Cost) (Details)                                   
82: R65         Employee Benefit Plans (Assumptions for Pension     HTML     50K 
                and Postretirement Cost) (Details)                               
83: R66         Employee Benefit Plans (Net Funded Status)          HTML    131K 
                (Details)                                                        
84: R67         Employee Benefit Plans (Net Periodic Pension Costs  HTML    102K 
                Included in Accumulated Other Comprehensive Income               
                (Loss)) (Details)                                                
85: R68         Employee Benefit Plans (Assumptions for Benefit     HTML     48K 
                Obligation) (Details)                                            
86: R69         Employee Benefit Plans (One Percentage Point        HTML     42K 
                Change in Health Care Trend Rate) (Details)                      
87: R70         Employee Benefit Plans (Expected Future Minimum     HTML     54K 
                Payments) (Details)                                              
88: R71         Employee Benefit Plans (Asset Allocation)           HTML     52K 
                (Details)                                                        
89: R72         Employee Benefit Plans (Fair Value of Plan Assets)  HTML    161K 
                (Details)                                                        
90: R73         Employee Benefit Plans (Reconciliation of Level 3   HTML     69K 
                Assets) (Details)                                                
91: R74         Stockholders' Equity (Narrative) (Details)          HTML     76K 
92: R75         Stockholders' Equity Changes in Accumulated Other   HTML     57K 
                Comprehensive Income (Details)                                   
93: R76         Stockholders' Equity Reclassification Out of        HTML     69K 
                Accumulated Other Comprehensive Income (Details)                 
94: R77         Stock Incentive Plan (Narrative) (Details)          HTML    122K 
95: R78         Stock Incentive Plan (Performance Award             HTML     44K 
                Transactions) (Details)                                          
96: R79         Stock Incentive Plan Stock Incentive Plan           HTML     41K 
                (Performance Awards Earned and Issued) (Details)                 
97: R80         Stock Incentive Plan (Weighted Average Grant-Date   HTML     48K 
                Fair Value Of SSARS And Assumptions Under                        
                Black-Scholes Option Model) (Details)                            
98: R81         Stock Incentive Plan (SSAR Activity) (Details)      HTML     64K 
99: R82         Stock Incentive Plan (Schedule Of SSAR Exercise     HTML     63K 
                Price Range, Number Of Shares, Weighted Average                  
                Exercise Price And Remaining Contractual Lives)                  
                (Details)                                                        
100: R83         Stock Incentive Plan (Details)                      HTML     44K  
101: R84         Derivative Instruments and Hedging Activities       HTML     85K  
                (Narrative) (Details)                                            
102: R85         Derivative Instruments and Hedging Activities       HTML     66K  
                (Summary Of Accumulated Other Comprehensive Loss                 
                Related To Derivatives) (Details)                                
103: R86         Derivative Instruments and Hedging Activities (     HTML     52K  
                Fair Value Of Derivative Instruments) (Details)                  
104: R87         Commitments and Contingencies (Details)             HTML    173K  
105: R88         Fair Value of Financial Instrument (Details)        HTML     60K  
106: R89         Related Party Transactions (Details)                HTML     61K  
107: R90         Segment Reporting (Sales Information By Reportable  HTML     61K  
                Segments) (Details)                                              
108: R91         Segment Reporting (Income From Operations And       HTML     73K  
                Total Assets) (Details)                                          
109: R92         Segment Reporting (Schedule of Revenue from         HTML     62K  
                External Customers Attributed to Foreign Countries               
                by Geographic Area) (Details)                                    
110: R93         Segment Reporting (Revenue from External Customers  HTML     49K  
                by Products and Services) (Details)                              
111: R94         Segment Reporting (Schedule of Disclosure on        HTML     52K  
                Geographic Areas, Long-Lived Assets in Individual                
                Foreign Countries by Country) (Details)                          
112: R95         Subsequent Event (Details)                          HTML     38K  
113: R96         Schedule II - Valuation and Qualifying Account      HTML     78K  
                (Details)                                                        
115: XML         IDEA XML File -- Filing Summary                      XML    205K  
114: EXCEL       IDEA Workbook of Financial Reports                  XLSX    159K  
12: EX-101.INS  XBRL Instance -- agco-20151231                       XML   6.51M 
14: EX-101.CAL  XBRL Calculations -- agco-20151231_cal               XML    442K 
15: EX-101.DEF  XBRL Definitions -- agco-20151231_def                XML   1.42M 
16: EX-101.LAB  XBRL Labels -- agco-20151231_lab                     XML   3.28M 
17: EX-101.PRE  XBRL Presentations -- agco-20151231_pre              XML   1.94M 
13: EX-101.SCH  XBRL Schema -- agco-20151231                         XSD    309K 
116: ZIP         XBRL Zipped Folder -- 0000880266-16-000044-xbrl      Zip    509K  


‘EX-10.28’   —   Material Contract


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  Exhibit  


Exhibit 10.28



A G C O C O R P O R A T I O N

DIRECTOR COMPENSATION
for
NON - EMPLOYEE DIRECTORS
(as of January 1, 2015)
 


Retainers (1)
USD
 
 
Annual Lead Director Retainer (paid only to Lead Director):
30,000
 
 
Annual Director Base Retainer (applies to all Directors):
100,000
 
 
Annual Committee Chairperson Retainer:
                  (except Audit Committee and Compensation Committee Chair)
15,000
 
 
Annual Audit Committee Chairperson Retainer:
25,000
 
 
Annual Compensation Committee Chairperson Retainer:
20,000





Additional Compensation
 
 
 
Annual AGCO Stock Grant Award (2)
120,000




In addition, the Company will reimburse directors for the reasonable out-of-pocket expense incurred in the attendance of the meeting.









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Page 1 of 2



A G C O C O R P O R A T I O N

DIRECTOR COMPENSATION
for
NON - EMPLOYEE DIRECTORS
(as of January 1, 2015)




Notes:

1)
Payments of annual retainers are made in accordance with the following provisions:



I)
Annual Retainers are paid quarterly in four installments (for ease of calculation purposes quarters are divided into 90 days with a 360 day year).
II)
Annual Retainers accrue as of the first day of each calendar quarter based on the Board and Committee Membership Roster in effect on that date.
III)
Annual Retainers are paid in advance during the first month of the given calendar quarter (e.g., January for the first quarter).
IV)
Changes to Board and Committee Memberships (including Chairpersons) will be reviewed and adjustments made to current quarter’s retainer amounts (up or down).
V)
Any changes in the Retainer amounts due for the current quarter will be reflected in the ensuing quarter’s retainer payment.


2)
Terms applicable to the Stock Grant Award are defined in the Plan Document. The stock grant equivalent to USD 120,000 is based on closing price on the day of the Annual Shareholder’s meeting.















Page 2 of 2


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/26/16
For Period end:12/31/15SD
1/1/15
 List all Filings 


4 Subsequent Filings that Reference this Filing

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

 2/27/24  AGCO Corp.                        10-K       12/31/23  169:34M
 3/01/23  AGCO Corp.                        10-K       12/31/22  145:24M
 2/25/22  AGCO Corp.                        10-K       12/31/21  151:24M
 3/01/21  AGCO Corp.                        10-K       12/31/20  142:23M
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Filing Submission 0000880266-16-000044   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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