0001047469-16-017295 Sample Contracts

RESTRICTED STOCK AWARD AGREEMENT THE TORO COMPANY AMENDED AND RESTATED 2010 EQUITY AND INCENTIVE PLAN
Restricted Stock Award Agreement • December 22nd, 2016 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated [ ] (“Grant Date”), between The Toro Company, a Delaware corporation (“Toro”), and [ ] (“you”) sets forth the terms and conditions of the grant to you of a restricted stock award (this “Restricted Stock Award”) of [ ] shares of common stock, par value $1.00 per share, of Toro (“Award Shares”) under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Restricted Stock Award is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Restricted Stock Award Acceptance Agreement should you decide to accept this Restricted Stock Award. All of the terms in this Agreement and the Restricted Stock Award Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. Except as otherwise indicated, for purposes of this Agreement and the Restricted Stock Award Acceptance Agreement, any reference to “Emp

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PERFORMANCE SHARE AWARD AGREEMENT THE TORO COMPANY AMENDED AND RESTATED 2010 EQUITY AND INCENTIVE PLAN
Performance Share Award Agreement • December 22nd, 2016 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated [ ] (“Grant Date”) between The Toro Company, a Delaware corporation (“Toro”), and [ ] (“you”) sets forth the terms and conditions of a grant to you of a performance share award (this “Performance Share Award”) under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Performance Share Award is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Performance Share Award Acceptance Agreement should you decide to accept this Performance Share Award. All of the terms in this Agreement and the Performance Share Award Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. Except as otherwise indicated, for purposes of this Agreement and the Performance Share Award Acceptance Agreement, any reference to “Employer” shall mean the entity (Toro or any Affiliate or Subsidiary) that employs

NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT THE TORO COMPANY AMENDED AND RESTATED 2010 EQUITY AND INCENTIVE PLAN
Nonemployee Director Stock Option Agreement • December 22nd, 2016 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated [ ] (“Grant Date”), between The Toro Company, a Delaware corporation (“Toro”), and [ ] (“you”) sets forth the terms and conditions of the grant to you of a nonqualified option (this “Option”) to purchase [ ] shares of common stock, par value $1.00 per share, of Toro (“Shares”) at an exercise price of $[ ] per Share, under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Option is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Nonemployee Director Stock Option Acceptance Agreement should you decide to accept this Option. All of the terms in this Agreement and the Nonemployee Director Stock Option Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan.

ANNUAL PERFORMANCE AWARD AGREEMENT FISCAL [ ] THE TORO COMPANY AMENDED AND RESTATED 2010 EQUITY AND INCENTIVE PLAN
Annual Performance Award Agreement • December 22nd, 2016 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated [ ] (“Grant Date”) between The Toro Company, a Delaware corporation (“Toro”), and [ ] (“you”) sets forth the terms and conditions of a grant to you of an annual performance award (this “Annual Performance Award”) under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Annual Performance Award is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Annual Performance Award Acceptance Agreement should you decide to accept this Annual Performance Award. All of the terms in this Agreement and the Annual Performance Award Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. Except as otherwise indicated, for purposes of this Agreement and the Annual Performance Award Acceptance Agreement, any reference to “Employer” shall mean the entity (Toro or any Affiliate or Subsidiary) that

NONQUALIFIED STOCK OPTION AGREEMENT THE TORO COMPANY AMENDED AND RESTATED 2010 EQUITY AND INCENTIVE PLAN
Nonqualified Stock Option Agreement • December 22nd, 2016 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated [ ] (the “Grant Date”), between The Toro Company, a Delaware corporation (“Toro”), and [ ] (“you”) sets forth the terms and conditions of the grant to you of a nonqualified option (this “Option”) to purchase [ ] shares of common stock, par value $1.00 per share, of Toro (“Shares”), at an exercise price of $[ ] per Share, under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Option is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Nonqualified Stock Option Acceptance Agreement should you decide to accept this Option. All of the terms in this Agreement and the Nonqualified Stock Option Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. Except as otherwise indicated, for purposes of this Agreement and the Nonqualified Stock Option Acceptance Agreement, any reference t

RESTRICTED STOCK UNIT AWARD AGREEMENT THE TORO COMPANY AMENDED AND RESTATED 2010 EQUITY AND INCENTIVE PLAN
Restricted Stock Unit Award Agreement • December 22nd, 2016 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated [ ] (“Grant Date”), between The Toro Company, a Delaware corporation (“Toro”), and [ ] (“you”) sets forth the terms and conditions of the grant to you of a restricted stock unit (“RSU”) award (this “RSU Award”) of [ ] shares of common stock, par value $1.00 per share, of Toro (“Award Shares”) under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This RSU Award is subject to all of the terms and conditions set forth in the Plan, this Agreement and the RSU Award Acceptance Agreement should you decide to accept this RSU Award. All of the terms in this Agreement and the RSU Award Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. For purposes of this Agreement and the RSU Award Acceptance Agreement, any reference to “Employer” shall mean the entity (Toro or any Affiliate or Subsidiary) that employs you.

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