Performance-Based Restricted Stock Units Grant Sample Contracts

BUNGE LIMITED FORM OF AWARD AGREEMENT — Notice of Performance-Based Restricted Stock Units Grant — Performance Period — Years [ ], [ ] and [ ] Target EPS [ ]
Performance-Based Restricted Stock Units Grant • March 1st, 2011 • Bunge LTD • Fats & oils • New York

Effective as of [ ] (the “Date of Grant”), you (the “Participant”) are awarded an Award of Performance-Based Restricted Stock Units as set forth in your account (the “Performance- Based Restricted Stock Units”) under the Bunge Limited 2009 Equity Incentive Plan (the “Plan”), 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 (the “Terms and Conditions”). Defined terms not explicitly defined in this Award Agreement but defined in the Plan shall have the same definitions as in the Plan.

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BUNGE LIMITED EQUITY INCENTIVE PLAN AWARD AGREEMENT —Notice of Performance- Based Restricted Stock Units Grant— Performance Period—Years 2004, 2005 and 2006 Target Operating Profit U.S. $[ ]—[NAME OF BUNGE BUSINESS UNIT]
Performance-Based Restricted Stock Units Grant • July 27th, 2004 • Bunge LTD • Fats & oils • New York

Effective 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.

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