0000823277-14-000022 Sample Contracts

ACKNOWLEDGMENT AND AMENDMENT NO. 5 to MASTER AGREEMENT
Master Agreement • July 9th, 2014 • CHS Inc • Wholesale-farm product raw materials

This Acknowledgment and Amendment No. 5 to Master Agreement (this “Amendment No. 5”) is made as of 10:00 A.M. Central Time on the 25th day of May, 2014, by and among ConAgra Foods, Inc., a Delaware corporation (“Oracle”), Cargill, Incorporated, a Delaware corporation (“Watson”), and CHS Inc., a Minnesota corporation (“Iris”), in connection with that certain Master Agreement, made as of the 4th day of March, 2013, as amended (the “Master Agreement”), by and among Oracle, Watson, Iris and HM Luxembourg, a Luxembourg Société à responsabilité limitée (“Newco”). Oracle, Watson and Iris are each referred to herein individually as a “Parent” and collectively as the “Parents.” Capitalized terms not otherwise defined herein will have the respective meanings assigned to them in the Master Agreement.

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