AGCO CORPORATION DIRECTOR COMPENSATION

Employee Benefits Plan Agreement

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Title: AGCO CORPORATION DIRECTOR COMPENSATION
Date: 12/6/2005
Industry: Constr. and Agric. Machinery Sector: Capital Goods

AGCO CORPORATION DIRECTOR COMPENSATION
(Effective January 1, 2006)

Annual Base Retainer: $40,000

Annual AGCO Stock Grant: Equivalent to $25,000 (based on closing price on day of

Annual Meeting) restricted for three years from date of

grant

Board Meeting: $2,000 per meeting

Telephone B

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