To: Date:April 1, 2005 Subject: The Andersons, Inc. 2005 Non-Qualified Stock Option Letter of AgreementStock Option Agreement • August 9th, 2005 • Andersons Inc • Wholesale-farm product raw materials
You have been selected to receive a 2005 Stock Option Grant (the “Option”) under the Long Term Performance Compensation Plan (the “Plan”). This Letter of Agreement (the “Agreement”) will document the key provisions relating to the Option granted to you effective as of April 1, 2005.
To: Date: April 1, 2005 Subject: The Andersons, Inc. 2005 Performance Share Unit Award Letter of AgreementPerformance Share Unit Agreement • August 9th, 2005 • Andersons Inc • Wholesale-farm product raw materials
You have been selected to receive a Performance Share Unit (the “PSUs”) award subject to the terms and conditions of the Long Term Performance Compensation Plan (the “Plan”) and this Letter of Agreement (the “Agreement”). This Agreement will document the key provisions relating to the PSUs awarded to you as of April 1, 2005.
