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AGCO CORPORATION DIRECTOR COMPENSATION FOR NON-EMPLOYEE DIRECTORS

Executive Compensation Plan Agreement

AGCO CORPORATION DIRECTOR COMPENSATION
FOR NON-EMPLOYEE DIRECTORS | Document Parties: AGCO CORP You are currently viewing:
This Executive Compensation Plan Agreement involves

AGCO CORP

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Title: AGCO CORPORATION DIRECTOR COMPENSATION FOR NON-EMPLOYEE DIRECTORS
Date: 12/10/2007
Industry: Constr. and Agric. Machinery     Sector: Capital Goods

AGCO CORPORATION DIRECTOR COMPENSATION
FOR NON-EMPLOYEE DIRECTORS, Parties: agco corp
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Exhibit 10.8
AGCO CORPORATION DIRECTOR COMPENSATION
FOR NON-EMPLOYEE DIRECTORS

(As of December 5, 2007)
         
RETAINERS (1)
       
 
       
Annual Lead Director Retainer (paid only to Lead Director):
  $ 25,000  
 
       
Annual Director Base Retainer (applies to all directors):
  $ 40,000  
 
       
Annual Committee Chairperson Retainer (except Audit Committee Chair):
  $ 10,000  
 
       
Annual Audit Committee Chairperson:
  $ 15,000  
 
       
Annual Committee Member Retainer:
  $ 5,000  
 
       
MEETING FEES
       
 
       
Board Meeting Attendance:
  $ 2,000  
 
       
Committee Meeting Attendance:
       
Chairperson:
  $ 1,500  
Members:
  $ 1,000  
 
       
Telephone Meeting Participation:
       
Chairperson:
  $ 1,000  
Members:
  $ 500  
 
       
ADDITIONAL COMPENSATION
       
 
       
Annual AGCO Stock Grant Award (2)
  $ 75,000  
In addition, the Company will reimburse directors for the reasonable out-o

 
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