Bunge Limited Non-Employee Directors’ Compensation Policy (Effective February 27, 2007)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the compensation policy for non-employee directors of Bunge Limited. Non-employee directors receive an annual retainer, additional fees for serving as committee chairs or members, and meeting fees if meetings exceed a set number per year. Directors are also granted stock options annually and upon appointment, and may defer their fees under a deferred compensation plan. The policy specifies the amounts and conditions for each type of compensation.

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EX-10.27 2 a07-5412_1ex10d27.htm EX-10.27

Exhibit 10.27

BUNGE LIMITED BOARD OF DIRECTORS

DESCRIPTION OF NON-EMPLOYEE DIRECTORS’
COMPENSATION
( Effective as of February 27, 2007)

Annual Retainer

·                                          $75,000 per year.

Committee Chairman Fees

·                                          $20,000 per year for Audit Committee chair.

·                                          $10,000 per year for each other committee chair.

Committee Member Fees

·                                          $10,000 per year for Audit Committee membership.

·                                          $0 per year for each other committee membership.

Meeting Fees

·                                          If the Board meets more than 10 times per year, each Director will receive a fee of $1,000 per day of meetings.

·                                          If a committee meets more than 10 times per year, each committee member will receive a fee of $1,000 per day of meetings.

Equity Awards

·                                          Pursuant to the Bunge Limited Non-Employee Directors Equity Incentive Plan, each year on the date of the Annual General Meeting, each continuing Director will be granted an option to purchase 5,500 common shares of Bunge Limited.

·                                          Pursuant to the Bunge Limited Non-Employee Directors Equity Incentive Plan, at the time of appointment or election, each new Director will be granted an option to purchase 7,500 common shares of Bunge Limited.

Deferral of Fees

·                                          Directors may defer all or a portion of their fees under the Deferred Compensation Plan for Non-Employee Directors.