0001299933-04-002129 Sample Contracts

THE TORO COMPANY PERFORMANCE SHARE AWARD AGREEMENT
Performance Share Award Agreement • December 7th, 2004 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement is entered into as of December 2, 2004, by and between (“Employee” or “you”) and The Toro Company, a Delaware corporation (“Toro” or “we”), to set forth the terms and conditions of a Performance Share Award granted to you by the Compensation and Human Resources Committee of the Board of Directors of Toro (the “Committee”) pursuant to The Toro Company Performance Share Plan (the “Plan”).

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Nonqualified Stock Option Agreement The Toro Company 2000 Stock Option Plan
Nonqualified Stock Option Agreement • December 7th, 2004 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This agreement is entered into as of December 2, 2004, by and between The Toro Company, a Delaware corporation, (the “Company” or “Toro”), and (the “Employee” or “you”), to set forth the terms and conditions of the grant to you under The Toro Company 2000 Stock Option Plan (the “Plan”) of a nonqualified option to purchase shares of Common Stock, at an exercise price of per share, the fair market value of the Common Stock on December 2, 2004, the date of grant.

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