EXHIBIT 10(d)

 

Summary of named executive officer salary increases.

 

On July 14, 2005, at a regular meeting of the Compensation and Benefits
Committee of the Company’s Board of Directors, increases to the annual base
salaries of the following named executive officers were approved, effective July
1, 2005, after a review of performance and competitive market data:

 

Name and Position

--------------------------------------------------------------------------------

   Year

--------------------------------------------------------------------------------

   Base Salary

--------------------------------------------------------------------------------

Ricardo E. Belda

Executive Vice President—European Region

   2005
2004    $
$ 500,000
470,000

Bernt Reitan

Executive Vice President and Group President, Global Primary Products

   2005
2004    $
$ 540,000
470,000

 

Information related to the other elements of total compensation for these named
executive officers was previously disclosed in the 2005 Proxy Statement filed
February 22, 2005.

 

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