BUNGE LIMITED FORM OF AWARD AGREEMENT — Notice of Time-Based Restricted Stock Units Grant —Time-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 hereby awarded an Award of Time-Based Restricted Stock Units as set forth in your account (the “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 (the “Award Agreement”). This Award Agreement consists of this Notice of Time-Based Restricted Stock Units Grant (the “Grant Notice”) and the attached Terms and Conditions Applicable to Time-Based Restricted Stock Units (the “Terms and Conditions”). Defined terms not explicitly defined in this Award Agreement shall have the same definitions as in the Plan.
