Letter Agreement for Renewal of EU Term under Amended and Restated Exclusive Agency and Marketing Agreement between Monsanto Company and The Scotts Company

Summary

Monsanto Company and The Scotts Company have agreed to renew the initial EU Term of their Amended and Restated Exclusive Agency and Marketing Agreement. The renewal extends the agreement's EU Term for an additional three years, now set to expire on September 30, 2008. Both parties have mutually consented to this extension, as confirmed by their authorized representatives' signatures. The agreement ensures continued collaboration between the two companies in the European Union for the specified period.

EX-10.17.B 4 l38095exv10w17wb.htm EX-10.17.B exv10w17wb
Exhibit 10.17(b)
     
March 10, 2005
  Monsanto Company
800 North Lindbergh Blvd
St. Louis, Missouri 63167
http://www.monsanto.com
The Scotts Company
14111 Scottslawn Road
Marysville, OH 43041
Attn: Legal Department, David Aronowitz
  Re:   Renewal of the initial EU Term of the Amended and Restated Exclusive Agency and Marketing Agreement (“Agreement”).
Dear Dave:
The initial EU Term under the Agreement expires on September 30, 2005.
Pursuant to Section 10.2 (a) (1) of the Agreement, Monsanto and The Scotts Company hereby mutually agree to renew the initial EU Term of the Agreement for three (3) years (i.e. extend to EU Term through September 30, 2008).
Please execute this letter agreement in the space provided below and return this letter of agreement to me.
Sincerely,
/s/ Kevin M. Holloway                
Kevin M. Holloway
Vice President, Lawn and Garden
Monsanto Company
       
 
 
  Acknowledged and Agreed:
 
 
   
By:  
/s/ Carl M. Casale
  /s/ Michael P. Kelty
 
 
   
 
Carl Casale
  Mike Kelty
 
Executive Vice President
  Vice Chairman and EVP
 
Monsanto Company
  The Scotts Company
Cc:   Voyrs, Sater, Seymour & Pease, LLP
52 East Gay Street
Columbus, OH ###-###-####
Attn: Ronald A. Robins, Jr.
Fax: (614)  ###-###-####