EX-10.19 DIRECTOR COMPENSATION AGREEMENT
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EX-10.19 3 g99944exv10w19.txt EX-10.19 DIRECTOR COMPENSATION AGREEMENT Exhibit 10.19 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 Board Meeting Fee: $1,000 per meeting Committees: Chairman Annual Retainer: $10,000 (but $15,000 for Audit) Member Annual Retainer: $5,000 per committee Committee Meeting Fee: Chairman: $1,500 per meeting Phone Meeting: $1,000 per meeting Member: $1,000 per meeting Phone Meeting: $500 per meeting Chairman Compensation $100,000 per annum In addition, the Company will reimburse directors for the reasonable out-of-pocket expenses that they incur in attending meetings.
