EXHIBIT 10.1
 LINDSAY CORPORATION
2010 LONG-TERM INCENTIVE PLAN
 (Effective January 25, 2010)
 Purpose
 Definitions
  Award 
  Award Agreement 
  Base Price 
  Board 
  Code 
  Committee 
  Company 
  Deferral Period 
  Deferred Shares  Restricted Stock Units
  Employee 
  Fair Market Value 
  Freestanding Stock Appreciation Right 
  Grant Date 




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 Incentive Stock Option 
  Nonemployee Director 
  Nonqualified Stock Option 
  Option 
  Optionee 
  Option Price 
  Participant 
  Performance Objectives 
  Performance Period 
  Performance Share 
  Performance Unit 
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 Predecessor Plan 
  Qualified PerformanceBased Award 
  Restricted Shares 
  Shares 
  Spread 
  Stock Appreciation Right 
  Subsidiary  Subsidiary
  Tandem Stock Appreciation Right 
 Shares Available Under the Plan .
 Reserved Shares
 Accounting for Shares.
  3




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ISO Maximum
 Maximum Awards
 Expired, Forfeited and Unexercised Awards
 4




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Plan Administration .
 Board Committee Administration Non-Employee
Director Outside Director
 Committee Delegation
 Awards to Non-Employee Directors .
 Options
 Number of Shares
 Option Price
 Consideration
 Cashless Exercise
 PerformanceBased Options
 Vesting
 5




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ISO Dollar Limitation
 Exercise Period
 Award Agreement
 Stock Appreciation Rights
 Payment in Cash or Shares
 Maximum SAR Payment
 Exercise Period
 Change in Control
 Dividend Equivalents
 Award Agreement
 Tandem Stock Appreciation Rights
 Exercise Period
 6




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Freestanding Stock Appreciation Rights
    Restricted Shares
 Transfer of Shares
 Consideration
 Substantial Risk of Forfeiture
 Dividend, Voting and Other Ownership Rights
 Restrictions on Transfer
 PerformanceBased Restricted Shares
 Dividends
 7




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Award Agreements
 Deferred Shares (Restricted Stock Units) .
 Deferred Compensation
 Consideration
 Deferral Period
 Dividend Equivalents and Other Ownership Rights
 Performance Objectives
 Award Agreement
 Performance Shares and Performance Units
 Number of Performance Shares or Units .
 Performance Period
 Performance Objectives
 Threshold Performance Objectives
 8




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Payment of Performance Shares and Units
 Maximum Payment
 Dividend Equivalents
 Adjustment of Performance Objectives
 Award Agreement
 Transferability
 Transfer Restrictions
 Limited Transfer Rights Family Member
 Restrictions on Transfer
 9




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Domestic Relations Orders .
 Adjustments
 Change in Control . Change in Control person
 Cash-Out
 Fractional Shares
 Withholding Taxes
 10




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Certain Terminations of Employment, Hardship and Approved Leaves of Absence
 Foreign Participants
 Amendments and Other Matters
 Plan Amendments
 Award Deferrals
 Conditional Awards
 Repricing Prohibited
 11




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No Employment Right
 Tax Qualification
 Amendments to Comply with Laws, Regulations or Rules.
 Effective Date
 Termination
 Limitations Period
 Governing Law
 Compliance with Code Section 409A
 Awards Subject to Section 409A Section 409A
   12




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Short-Term Deferral Period substantial risk of forfeiture
 Deferral and/or Distribution Elections Election
  performance-based compensation
  Subsequent Elections
    Distributions Pursuant to Deferral Elections
    13




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Specified Employee
 Unforeseeable Emergency
 Disabled Disabled
    Death
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No Acceleration of Distributions
 Predecessor Plan .
 15