BUNGE LIMITED EQUITY INCENTIVE PLAN AWARD AGREEMENT – Notice of Performance- Based Restricted Stock Units Grant – Performance Period – Years 2005, 2006 and 2007 Target Operating Profit U.S. $[ ] – [NAME OF BUNGE BUSINESS UNIT]Award Agreement • March 15th, 2006 • Bunge LTD • Fats & oils • New York
Contract Type FiledMarch 15th, 2006 Company Industry JurisdictionEffective as of the Date of Grant set forth below, the Participant named below is hereby awarded an Award of Performance-Based Restricted Stock Units (the “Award” or “Performance-Based Restricted Stock Units”) under the Bunge Limited Equity Incentive Plan (the “Plan”) covering the Target Number of Performance-Based Restricted Stock Units set forth below, subject to the terms and conditions of the Plan and this Award Agreement (this “Award Agreement”). This Award Agreement consists of this Notice of Performance-Based Restricted Stock Units Grant (the “Grant Notice”) and the attached Terms and Conditions Applicable to Performance-Based Restricted Stock Units. Defined terms not explicitly defined in this Award Agreement but defined in the Plan shall have the same definitions as in the Plan.
BUNGE LIMITED EQUITY INCENTIVE PLAN AWARD AGREEMENT – Notice of Performance- Based Restricted Stock Units Grant – Performance Period – Years 2005, 2006 and 2007 Target EPS U.S. $[ ]Award Agreement • March 15th, 2006 • Bunge LTD • Fats & oils • New York
Contract Type FiledMarch 15th, 2006 Company Industry JurisdictionEffective as of the Date of Grant set forth below, the Participant named below is hereby awarded an Award of Performance-Based Restricted Stock Units (the “Award” or “Performance-Based Restricted Stock Units”) under the Bunge Limited Equity Incentive Plan (the “Plan”) covering the Target Number of Performance-Based Restricted Stock Units set forth below, subject to the terms and conditions of the Plan and this Award Agreement (this “Award Agreement”). This Award Agreement consists of this Notice of Performance-Based Restricted Stock Units Grant (the “Grant Notice”) and the attached Terms and Conditions Applicable to Performance-Based Restricted Stock Units. Defined terms not explicitly defined in this Award Agreement but defined in the Plan shall have the same definitions as in the Plan.