EXHIBIT 10.10
AGCO CORPORATION
AMENDED AND RESTATED LONG-TERM INCENTIVE PLAN
SECTION I. PURPOSE
The AGCO Corporation Long-Term Incentive Plan (the "LTIP" or the "Plan") is intended to be the primary long-
term incentive vehicle for senior management. While other managers and key employees are eligible to receive
stock option grants, participants in the LTIP do not receive stock options. The Plan is designed to advance the
interests of AGCO Corporation (the "Company") by encouraging senior management to seek ways to improve
efficiencies, spend capital wisely, reduce debt and generate cash, all of which should combine to cause stock
price appreciation. The Plan is not subject to any provisions of the Employee Retirement Income Security Act of
1974 ("ERISA") nor is it qualified under Section 401(a) of the Internal Revenue Code of 1986, as amended (the
"Code").
The Company's address is 4830 River Green Parkway, Duluth, Georgia 30136, and its telephone number is
(770) 813-9200.
SECTION II. ADMINISTRATION
a. The Plan is administered by the Compensation Committee of the Board of Directors of the Company (the
"Committee") consisting of not less than three members of the Board of Directors. Each member of the
Committee is selected annually by the Board of Directors. Any member of the Committee may be removed at
any time, either with or without cause, and any vacancy on the Committee may at any time be filled, by resolution
adopted by the Board of Directors. All members of the Committee are required to be "nonemployee directors"
as defined in Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act") and
"outside directors" within the meaning of
Section 162(m)(4)(C)(i) of the Code. For additional information about the Committee, participants should
contact the Company at the address and telephone number listed above.
b. The Committee selects the participants and determines: (i) when to grant a restricted stock award; (ii) the base
price and the amount of Common St