Document:

exv10w3

Exhibit 10.3

CHS INC.

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

(2010 RESTATEMENT)

ARTICLE I.

INTRODUCTION

     Section 1.1. Amendment and Restatement. Effective January 1, 1999, CHS Inc. merged
and restated the CENEX Supplemental Executive Retirement Plan and the Harvest States Deferred
Compensation Supplemental Retirement Plan for the purpose of providing benefits for certain of its
employees who participate in the CHS Inc. Pension Plan and are part of a select group of management
or highly compensated employees. The Plan has since been amended by seven (7) amendments. The
Plan is hereby amended and restated to consolidate all amendments into one restatement, effective
upon adoption by the Board of Directors.

     Section 1.2. Purpose. CHS Inc. maintains the CHS Inc. Pension Plan which is intended
to meet the requirements of a “qualified plan” under the Internal Revenue Code. Section 401(a)(17)
of the Internal Revenue Code limits the amount of annual compensation of each employee that may be
taken into account under a qualified plan and Section 415 of the Internal Revenue Code limits the
benefits payable under a qualified plan. The purpose of the CHS Inc. Supplemental Executive
Retirement Plan is to provide benefits to eligible employees that would be provided under the CHS
Inc. Pension Plan but which are not provided thereunder because of the compensation limitations
and any other benefit limitations imposed on those plans by the Internal Revenue Code.

ARTICLE II.

DEFINITIONS AND INTERPRETATION

     Section 2.1. Definitions. When used in this Plan document, the following terms have
the meanings indicated unless a different meaning is plainly required by the context.

     “Active Participant” means a Participant in the Plan who is identified as an Active
Participant under Article III of the Plan.

     “Actuarial Value” means the single sum value of a benefit under the Plan determined by the
same actuarial adjustments as those specified in the Pension Plan with respect to the determination
of the single sum value of a benefit payable under the Pension Plan on the date for commencement of
payment of the benefit under this Plan.

     “Beneficiary” means the person or persons who are the beneficiary of a Participant under the
terms of the Pension Plan.

     “Board of Directors” means the Board of Directors of CHS.

 

 

     “CHS” means CHS Inc. (formerly known as Cenex Harvest States Cooperatives) and any successor
thereto, and any of its subsidiaries or affiliated business entities which are treated as one
employer with that corporation under the provisions contained in Section 414 of the Code.

     “CENEX SERP” means the CENEX Supplemental Executive Retirement Plan.

     “Committee” means the committee described in Section 6.4 of the Plan.

     “Code” means the Internal Revenue Code of 1986, as amended.

     “ERISA” means the Employee Retirement Income Security Act of 1974, as amended.

     “Harvest States SERP” means the Harvest States Deferred Compensation Supplemental Retirement
Plan.

     “Participant” means a person who is an Active Participant or is or may become entitled to an
immediate or deferred benefit under the Plan by reason of having been an Active Participant.

     “Pension Plan” means the CHS Inc. Pension Plan (formerly known as the Cenex Harvest States
Pension Plan).

     “Pension Plan Account” means an account established under Section 4.2 of the Plan.

     “Plan” means the CHS Inc. Supplemental Executive Retirement Plan (formerly known as the Cenex
Harvest States Supplemental Executive Retirement Plan), including any amendments thereto, which is
operated and maintained by CHS primarily for the purpose of providing supplemental retirement
benefits for a select group of management or highly compensated employees. Prior to January 1,
1999, “Plan” refers to the two plans which have been merged in this document, referred to as the
CENEX Supplemental Executive Retirement Plan and the Harvest States Deferred Compensation
Supplemental Retirement Plan.

     “Plan Year” means the plan year used by the Pension Plan, which is the calendar year as of the
date of execution of this document.

     “Surviving Spouse” means the person who is married to a Participant throughout the one year
period ending on the date of such Participant’s death.

 - 2 - 

 

     Section 2.2. Performance of Obligations. CHS agrees to perform its obligations in accordance with
the Plan.

     Section 2.3. Gender and Number. The singular form of any word will include the plural
and the masculine gender will include the feminine wherever necessary for the proper interpretation
of this Plan.

ARTICLE III.

PARTICIPATION

     Section 3.1 Eligibility and Participation. Any individual who was a Participant in
the Plan on December 31, 1998, shall continue to be a Participant until the Plan causes the
individual to cease to be a Participant. Further, any individual who was an Active Participant on
that date shall continue to be an Active Participant. The President and Chief Executive Officer of
CHS may also select other executives of CHS who will become Active Participants in the Plan and
will designate the date on which such an executive will become an Active Participant in the Plan.
The President and Chief Executive Officer may withhold participation for any reason with respect to
any executive of CHS.

     Section 3.2 Status as Active Participant. The President and Chief Executive Officer
of CHS may by written statement and notice to an executive who is an Active Participant cause such
Participant to cease to accrue benefits under the Plan prior to the Participant’s termination of
employment with CHS. If the President and Chief Executive Officer takes that action with respect
to such a Participant, there shall be no further accrual of benefits under this Plan on behalf of
such Participant and the Participant’s benefits under this Plan shall thereafter be computed as if
the Plan terminated on the date of such written notice to the Participant.

     Section 3.3 Status as Participant. A person who becomes an Active Participant will
remain a Participant in the Plan until all benefits payable to such person under the Plan have been
distributed.

ARTICLE IV.

BENEFITS

     Section 4.1. Amount of Benefits. A supplemental retirement benefit will be payable to
a Participant under this Article IV. The amount of the Participant’s benefit under the Plan shall
be the sum of all amounts credited to accounts established in the Participant’s name under this
Article IV, unless the Participant’s benefit is to be determined in a different manner as specified
below with respect to certain “grandfathered” Participants.

     Section 4.2. Pension Plan Account Each Participant will have a Pension Plan Account
to which amounts will be credited under this Section 4.2.

     (a) Initial Account Balance. Each individual who is a Participant in the Plan as of
January 1, 1999, shall have an initial account balance as of that date in the Participant’s Pension
Plan Account which will be determined as follows:

 - 3 - 

 

     (1) The initial account balance of Participants who had an account balance in the “cash
balance make-up account” under the Harvest States SERP as of December 31, 1998, shall be the
greater of:

     A) that account balance, or

     B) the Actuarial Value as of December 31, 1998, of a benefit for the
Participant determined as of the same date using Section 4.3(c) of the Plan
and the following assumptions: (i) that the Participant had been a
participant in the CENEX Pension Plan through 1998, and (ii) the
Participant’s service with and compensation from Harvest States Cooperatives
had actually been with and from CENEX, Inc.

Notwithstanding the provisions of Section 4.2(a)(1)(B), if a Participant was an officer of
Harvest States Cooperatives on January 1, 1990, then the formula used for the determination
under that subsection shall be the formula used in Section 4.4(b) of the Plan.

     (2) The initial account balance of a Participant who was a participant in the CENEX
SERP as of December 31,1998, shall be equal to the greater of:

     A) the Actuarial Value of the Participant’s accrued benefit under the
CENEX SERP as of December 31, 1998; or

     B) the difference between (i) four percent (4%) multiplied by the
Participant’s “CPP Final Average Compensation” as of that date, except that
such amount will be determined without applying any limits under Section
401(a)(17) of the Code, multiplied by the Participant’s “CPP Credited
Service” as of that date and (ii) four percent (4%) multiplied by the
Participant’s “CPP Final Average Compensation” as of that date multiplied by
the Participant’s “CPP Credited Service” as of that date.

However, Paragraphs (2)(A) and (2) (B) shall each be reduced by the Actuarial Value of any
offset applicable to the Participant under the CENEX Pension Plan definition of accrued
benefit as of December 31, 1998. Further, the phrases within quotation marks in Subsections
(a)(2)(A) and (a)(2)(B) shall have the meaning given to them under the Pension Plan.

     (b) Contribution Credits. Each December 31, an Active Participant’s Pension Plan
Account shall be credited with a contribution credit equal to the difference, if any, between:

     (1) the amount of the Active Participant’s contribution credit which would have been
credited under the Pension Plan as of that date if the limitations on benefits imposed by
Section 401(a)(17) and Section 415 of the Code on the Pension Plan were disregarded and if
compensation deferred upon the election of the Participant under any nonqualified plan
maintained by CHS or any other participating employer in the Pension Plan were to be taken
into account as compensation under the Pension Plan, except that

 - 4 - 

 

amounts deferred or paid under the mandatory deferral portion of any long term
incentive compensation program maintained by such an employer or any amounts paid under any
other nonqualified plan or program maintained by CHS or such a participating employer will
not be considered part of that compensation, and

     (2) the actual amount of such Active Participant’s contribution credit that is credited
under the provisions of the Pension Plan as of such date.

     (c) Special Career Credits. Each December 31, an Active Participant’s Pension Plan
Account shall be credited with a special career credit equal to the difference, if any, between:

     (1) the amount of the Active Participant’s special career credit which would have been
credited under the Pension Plan as of that date if the limitations on benefits imposed by
Section 401(a)(17) and Section 415 of the Code on the Pension Plan were disregarded and if
compensation deferred upon the election of the Participant under any nonqualified plan
maintained by CHS or any other participating employer in the Pension Plan were to be taken
into account as compensation under the Pension Plan, except that amounts deferred or paid
under the mandatory deferral portion of any long term incentive compensation program
maintained by such an employer or any amounts paid under any other nonqualified plan or
program maintained by CHS or such a participating employer will not be considered part of
that compensation, and

     (2) the actual amount of such Active Participant’s special career credit that is
credited under the provisions of the Pension Plan as of such date.

     (d) Investment Credits. As of the end of each Plan Year, each Participant’s Pension
Plan Account shall be credited with an amount referred to as an investment credit which shall be
equal to (1) an “investment percentage” multiplied by (2) the Participant’s Pension Plan Account
balance determined as of the first day of that year. Such Investment Credits shall be credited
until distributions commence under the Plan. If the period for crediting the investment credits is
less than 12 months, such as on account of a distribution to the Participant, pro rata investment
credits shall be credited. The “investment percentage” shall be the investment percentage in
effect during such Plan Year under the Pension Plan.

     (e) Adjustment for Certain Participants. Notwithstanding the prior provisions of this
Section 4.2 related to credits for the Pension Plan Account, a Participant that receives a benefit
under Section 6.13 of the Pension Plan and whose benefit under the Plan is determined in part under
this Section, shall, at the time a Participant’s benefit commences, have his or her Pension Plan
Account reduced by an amount, not less than zero, equal to the difference between:

     (1) the Actuarial Value of the benefit actually payable from the Pension Plan; and

     (2) the Actuarial Value of the benefit which would have been payable from the Pension
Plan without applying Section 6.13 of the Pension Plan.

 - 5 - 

 

     Section 4.3. Exceptions for Certain Former CENEX Employees.

     (a) Eligibility for Exception. Notwithstanding the provisions of Section 4.2 of the
Plan, a Participant who is a former employee of CENEX, Inc., is a CHS employee on January 1, 1999,
is a Participant in the Pension Plan as of that date, has reached age 50 as of that date, and has
been credited with 10 years of “CENEX Credited Service” (that phrase shall have the meaning given
to it under that plan) as of December 31, 1998, shall be eligible to receive the benefits described
in this section.

     (b) Additional Benefits. If a Participant described in Subsection (a) becomes
entitled to an additional benefit under the Pension Plan during the period from January 1, 1999,
through December 31, 2001, because of satisfying that description, such Participant will be
entitled to an additional benefit under this Plan. The Actuarial Value of that benefit will be an
amount (not less than zero) which will be determined as of the day the Participant’s benefit is to
begin under the Pension Plan and will be equal to the difference between:

     (1) the Actuarial Value of such additional benefit which the Participant would have
been entitled to receive under the Pension Plan if the limitations on benefits imposed by
Section 401(a)(17) and Section 415 of the Code on the Pension Plan were disregarded and if
compensation deferred upon the election of the Participant under any nonqualified plan
maintained by CHS or any other participating employer in the Pension Plan were to be taken
into account as compensation under the Pension Plan, except that amounts deferred or paid
under the mandatory deferral portion of any long term incentive compensation program
maintained by such an employer or any amounts paid under any other nonqualified plan or
program maintained by CHS or such a participating employer will not be considered part of
that compensation, and

     (2) the Actuarial Value of such additional benefit actually payable to the Participant
under the Pension Plan.

     (c) Election and Alternative Benefit. If, during the ninety day period ending on
November 30, 2001, a Participant described in Subsection (a) makes an election under the Pension
Plan to have the Participant’s benefit determined under the CENEX Pension Plan accrued benefit
formula, then the provisions of Section 4.2 of this Plan shall not be applicable to the
Participant. Instead, the Participant will be entitled to a different benefit. The amount of that
benefit will be a monthly amount (not less than zero) which will be determined as of the day the
Participant’s benefit is to begin under the Pension Plan and will be equal to the difference
between:

     (1) the monthly amount which the Participant would have been entitled to receive under
the Pension Plan if the limitations on benefits imposed by Section 401(a)(17) and Section
415 of the Code on the Pension Plan were disregarded and if compensation deferred upon the
election of the Participant under any nonqualified plan maintained by CHS or any other
participating employer in the Pension Plan were to be taken into account as compensation
under the Pension Plan, except that amounts deferred or paid under the mandatory deferral
portion of any long term incentive compensation program maintained by such an employer or
any amounts paid under any other nonqualified plan or program maintained by CHS or such a
participating employer will not be considered part of that compensation, and

 - 6 - 

 

     (2) the monthly amount of the benefit actually payable to the Participant under the
Pension Plan.

     Section 4.4. Adjustments.

     (a) Adjustment for Service with Another Participating Employer in Pension Plan. Any
portion of the benefit computed under Section 4.2 or Section 4.3 of the Plan that is attributable
to service with a participating employer in the Pension Plan other than CHS will not be payable
under this Plan. That portion will be considered to be proportional to the portion of the
Participant’s accrued benefit under the Pension Plan which was accrued during such Participant’s
service with such a participating employer.

     (b) Adjustment for Certain Former Officers of CENEX, Inc. If a Participant was
employed as an officer of Farmers Union Central Exchange, Incorporated as of January 1, 1989, the
Actuarial Value of the Participant’s benefit determined under whichever of Section 4.2 or Section
4.3(c) of the Plan is applicable to the Participant will be increased to the Actuarial Value of the
amount determined under Section 4.3(c) of the Plan using CENEX Pension Plan (then referred to as
the Farmers Union Central Exchange, Incorporated Pension Plan) provisions as in effect on December
31, 1988 (except that the compensation definition ordinarily used under Section 4.3(c) of the Plan
will be used in calculating that amount), if the latter amount is larger than determined under the
applicable provision without application of this sentence.

     (c) Special Benefits for Robert Oebser. The additional benefit computed for Robert
Oebser under Section 4.3 shall be computed as if his first day of employment was May 31, 1983, and
his birth date was December 28, 1937.

     (d) Surviving Spouse Benefit of Former CEO. In return for valuable services provided
by John McKay, a long-time employee and former Chief Executive Officer of CHS, the surviving spouse
of John McKay, Juanita McKay, shall be paid a benefit of $500.00 per month for as long as she shall
live. The monthly payments will commence as of July 1, 2006, and subsequent monthly payments will
be made as of the first day of every month thereafter.

     (e) Cofina Financial, LLC. In connection with CHS’ acquisition of one hundred percent
(100%) of Cofina Financial, LLC, a Minnesota limited liability company (“Cofina”), CHS assumed all
deferred compensation obligations under the Cofina Financial, LLC Supplemental Executive Retirement
Plan (“Cofina SERP”). Prior to such acquisition, Cofina was (and continues to be) a participating
employer in the CHS Inc. Pension Plan. The Cofina SERP is (like the CHS SERP) a nonqualified
defined benefit pension plan that provides benefits that would be provided under the CHS Inc.
Pension Plan but which are not provided thereunder because of the compensation limitations under
Section 401(a)(17) (compensation limit) and Section 414 (exclusion of deferred compensation from
pensionable earnings) of the Internal Revenue Code, as well as the annual addition limitations
under and Section 415 of the Internal Revenue Code. The Cofina SERP is, in all material respects,
identical to the CHS SERP. Accordingly, each Cofina SERP Participant’s Pension Plan Account under
the Cofina Plan shall be merged with and into the CHS Plan, and such account shall become the
Participant’s opening Pension Plan Account under the CHS Plan as of September 1, 2008 (the “Merger
Date”). (No Cofina SERP Participants have accrued benefits determined under an alternative,
traditional

 - 7 - 

 

pension formula; rather, all benefits are determined under a “cash balance” formula.)
Effective as of the Merger Date, Cofina shall become a participating employer in the CHS SERP.
With respect to each eligible employee of Cofina who is selected to become an Active Participant in
the CHS SERP, such Participant’s service and compensation earned with Cofina both before and after
the Merger Date shall be taken into account for purposes of determining such Participant’s
contribution credits and special career credits under the CHS SERP.

     Section 4.5. Payment of Benefit.

     (a) Time of Payment. The Actuarial Value of the benefit payable under this Article IV
will be paid in a single lump sum upon a Participant’s benefit distribution date. For this
purpose, the term “benefit distribution date” shall mean the date that is six (6) months after the
Participant’s separation from service (as defined below). Payment shall be deemed paid as of the
benefit distribution date, or if later, the 15th day of the third calendar month following the
benefit distribution date.

“Separation from service” shall mean the separation from service (within the meaning of Treas.
Regs. § 1.409A 1(h)) with CHS, voluntarily or involuntarily, for any reason other than retirement,
disability or death. Whether a separation from service has occurred is determined under Section
409A of the Code and Treasury Regulation 1.409A 1(h) (i.e., whether the facts and circumstances
indicate that the employer and the employee reasonably anticipated that no further services would
be performed after a certain date or that the level of bona fide services the employee would
perform after such date (whether as an employee or independent contractor) would permanently
decrease to no more than twenty percent (20%) of the average level of bona fide services performed
(whether as an employee or an independent contractor) over the immediately preceding thirty six
(36) month period (or the full period of services to the employer if the employee has been
providing services to the employer less than thirty six (36) months)). Separation from service
shall not be deemed to occur while the employee is on military leave, sick leave or other bona fide
leave of absence if the period does not exceed six (6) months or, if longer, so long as the
employee retains a right to reemployment with CHS under an applicable statute or by contract. For
this purpose, a leave is bona fide only if, and so long as, there is a reasonable expectation that
the employee will return to perform services for CHS. Notwithstanding the foregoing, a twenty nine
(29) month period of absence will be substituted for such six (6) month period if the leave is due
to any medically determinable physical or mental impairment that can be expected to result in death
or can be expected to last for a continuous period of no less than six (6) months and that causes
the employee to be unable to perform the duties of his or her position of employment. For this
purpose, “CHS” is the Participant’s employer and all persons with whom the employer would be
considered a single employer under Sections 414(b) and 414(c) of the Code; provided that, in
applying Sections 1563(a)(1), (2) and (3) of the Code for purposes of determining a controlled
group of corporations under Section 414(b) of the Code, the language “at least 50 percent” shall be
used instead of “at least 80 percent” each place it appears therein, and in applying Treas. Regs. §
1.414(c) 2 for purposes of determining trades or businesses that are under common control for
purposes of Section 414(c) of the Code, “at least 50 percent” shall be used instead of “at least 80
percent” each place it appears therein. If a Participant is both an employee and a director, a
separation from service shall occur only upon the termination of the last position held.

 - 8 - 

 

     (b) Grandfathered Participants. With respect to any “grandfathered” Participant whose
benefit is computed under a traditional defined benefit formula pursuant to Section 4.3(c) (and not
as an account balance benefit under Section 4.2), the Actuarial Value shall be determined as of the
separation date, and then such single sum shall be credited with interest for the period beginning
on the separation date and ending on the payment date (based on the applicable interest rate under
Section 417(e) of the Code, using the first segment rate applicable for the look-back month and
stability period used under the Pension Plan).

     (c) 409A Compliance; 409A Grandfathered Participants. Between January 1, 2005 and
July 1, 2006 (the effective date of the amendment bringing the Plan into compliance with Section
409A of the Code), the Plan was operated and administered in compliance with transition rules
promulgated by the Treasury under Notice 2005-1 and proposed regulations. Effective July 1, 2006,
the Plan was amended to comply with Section 409A of the Code with respect to both the portion of
the Participant’s benefit that is “grandfathered” from application of Section 409A of the Code
(i.e. the portion that was earned and vested as of December 31, 2004) and the portion that is
subject to Section 409A of the Code. Notwithstanding the foregoing, with respect to any
Participant whose entire benefit payable under this Plan is grandfathered from application of
Section 409A of the Code (i.e. the entire benefit was both earned and vested as of December 31,
2004), such Participant’s entire benefit shall continue to be payable in accordance with the terms
of the Plan as existed prior to January 1, 2005.

     Section 4.6. Impact of Ceasing to be an Active Participant. In the event that a
Participant ceases to be an Active Participant as of a date but does not incur a termination of
employment with CHS, then the amount described in this Article IV will be determined as if the
Participant did not accumulate any additional service after that date and did not have any increase
in compensation after that date.

     Section 4.7. Termination of Pension Plan. If the Pension Plan is terminated by CHS,
the benefit payable to a Participant under this Article IV with respect to the terminated plan, if
any, will be determined as of the termination date of the terminated plan as if the Participant
incurred a termination of employment with CHS as of such date and no other benefit will be provided
under this Article IV with respect to the terminated plan.

ARTICLE V.

DEATH BENEFITS

     Section 5.1. Normal Death Benefit.

     (a) Death Benefit for Beneficiary. In the event of a Participant’s death prior to
payment of benefits under the Plan, the Participant’s Beneficiary will be entitled to a death
benefit. The death benefit is 100% of the Participant’s account balances described in Article IV
of the Plan. If the Participant was eligible for the grandfathered benefit described in Section
4.5 of the Plan, the death benefit attributable to the Participant’s Pension Plan Account Balance
is the greater of the Participant’s Pension Plan Account balance or the Actuarial Value of the
Participant’s grandfathered benefit as provided by Section 4.5 of the Plan.

     (b) Payment of Benefit. The Actuarial Value of the benefit described in Subsection

 - 9 - 

 

(a) will be paid to the Participant’s Beneficiary in a single lump sum upon the Participant’s
death. Payment shall be deemed paid as of the Participant’s death if it is made no later than the
last day of the calendar year in which occurs the Participant’s death, or if later, the 15th day of
the third calendar month following the Participant’s death.

     (c) Death of Beneficiary. If a Beneficiary becomes entitled to a benefit under the
preceding provision of this section and thereafter dies prior to the time payments begin to such
Beneficiary, the death benefit shall be paid to the Beneficiary’s estate, unless the Participant
specifically provided otherwise in the Participant’s designation of beneficiary under the Pension
Plan, in which case, the death benefit will be paid to that designated beneficiary.

     Section 5.2. Exceptions for Certain Former CENEX Employees.

     (a) Application of this Section. If a Participant is covered by Section 4.3 of the
Plan, then Section 5.1 of the Plan won’t apply and this section will apply with respect to the
Participant.

     (b) Surviving Spouse Benefit. If a Participant who is described in Subsection (a)
dies prior to payment of benefits under the Plan under circumstances in which a benefit is payable
to the Surviving Spouse of the Participant pursuant to the Pension Plan, then a supplemental
benefit is payable to the Surviving Spouse under this Plan. The monthly amount of such benefit
payable to the Surviving Spouse will be an amount, not less than zero, equal to the difference
between:

     (1) the monthly amount which the Surviving Spouse would have been entitled to receive
under the Pension Plan if the limitations on benefits imposed by Section 401(a)(17) and
Section 415 of the Code on the Pension Plan were disregarded and if compensation deferred
upon the election of the Participant under any nonqualified plan maintained by CHS or any
other participating employer in the Pension Plan were to be taken into account as
compensation under the Pension Plan, except that amounts deferred or paid under the
mandatory deferral portion of any long term incentive compensation program maintained by
such an employer, or any amounts paid under any other nonqualified plan or program
maintained by CHS or such a participating employer will not be considered part of that
compensation, and

     (2) the monthly amount actually payable to the Surviving Spouse under the Pension Plan.

     (c) Payment of Benefit. The Actuarial Value of the benefit payable under this Section
5.2 of the Plan will be paid to the Surviving Spouse under the Pension Plan in a single lump sum
upon the Participant’s death. Payment shall be deemed paid as of the Participant’s death if it is
made no later than the last day of the calendar year in which occurs the Participant’s death, or if
later, the 15th day of the third calendar month following the Participant’s death.

     (d) Participant Ceases to be Active Participant. In the event that a Participant
ceases to be an Active Participant as of a date but does not incur a termination of employment with
CHS, and a supplemental benefit is payable to the Surviving Spouse under this Section 5.2, then the
amount described in Section 5.2(b) of the Plan will be determined as if the Participant did not
accumulate any additional service after that date and did not have any increase in compensation

 - 10 - 

 

after that date.

     (e) Exception for Certain Officers. If the Participant was employed as an officer of
Farmers Union Central Exchange, Incorporated as of January 1, 1989, the monthly amount determined
under Section 5.2(b) of the Plan will be increased to the amount determined under that subsection
using CENEX Pension Plan (then referred to as the Farmers Union Central Exchange, Incorporated
Pension Plan) provisions as in effect on December 31, 1988 (except that the compensation definition
ordinarily used under Section 5.2(b) of the Plan will be used in calculating that amount), if such
amount is larger than determined under that subsection without application of this sentence.

     Section 5.3. Exclusion for Service with other Participating Employers in Pension Plan.
Any portion of the benefit computed under this Article V that is attributable to service of a
Participant with a participating employer in the Pension Plan other than CHS will not be payable
under this Plan. That portion will be considered to be proportional to the portion of the
Participant’s accrued benefit under the Pension Plan which was accrued during such Participant’s
service with such a participating employer.

     Section 5.4. Termination of Pension Plan. If the Pension Plan is terminated by CHS,
the benefit payable to a Beneficiary or Surviving Spouse under this Article V, if any, will be
determined as of the termination date of the Pension Plan and no other benefit will be provided
under this Article V.

ARTICLE VI.

ADMINISTRATION OF THE PLAN

     Section 6.1. Interpretation. The Plan will be administered by CHS, which will have
the authority, duty and power to interpret and construe the provisions of the Plan as it deems
appropriate. CHS will have the duty and responsibility of maintaining records, making the
requisite calculations and dispersing the payments hereunder. CHS’s interpretations,
determinations, regulations and calculations will be final and binding on all persons and parties
concerned.

     Section 6.2. General Administration and Claims Procedure. CHS will be responsible for
the general operation and administration of the Plan and for carrying out the provisions thereof.
CHS will have the authority to establish and revise rules, procedures, and regulations relating to
the Plan and to make any other determinations which it believes necessary or advisable for the
administration of the Plan. CHS will be responsible for the expenses incurred in the
administration of the Plan. CHS will also be responsible for determining eligibility for benefits
and the benefits payable pursuant to the Plan. CHS will be entitled to rely conclusively upon all
tables, valuations, certificates, opinions and reports furnished by any actuary, accountant,
controller, counsel or other person employed or engaged by CHS with respect to the Plan. The
procedures for filing claims for Plan benefits are described below. For claims procedures
purposes, the “Claims Manager” will be CHS.

     (a) Initial Claim. An initial claim for benefits under the Plan must be made by the
Participant or his or her Beneficiary or Surviving Spouse in accordance with the terms of the

 - 11 - 

 

Plan. If for any reason a claim for benefits under this Plan is denied by the Claims Manager,
the Claims Manager will deliver to the claimant a written explanation setting forth the specific
reasons for the denial, pertinent references to the section under the Plan on which the denial is
based, such other data as may be pertinent and information on the procedures to be followed by the
claimant in obtaining a review of his or her claim, all written in a manner calculated to be
understood by the claimant. For this purpose:

     (1) The claimant’s claim will be deemed to be filed when presented orally or in writing
to the Claims Manager.

     (2) The Claims Manager’s explanation will be in writing delivered to the claimant
within 90 days of the date the claim is filed.

     (b) Request for Review. The claimant will have 60 days following his or her receipt
of the denial of the claim to file with the Claims Manager a written request for review of the
denial. For such review, the claimant or the claimant’s representative may review pertinent
documents and submit written issues and comments.

     (c) Decision after Review. The Claims Manager will decide the issue on review and
furnish the claimant with a copy within 60 days of receipt of the claimant’s request for review of
the claimant’s claim. The decision on review will be in writing and will include specific reasons
for the decision, written in a manner calculated to be understood by the claimant, as well as
specific references to the pertinent provisions in the Plan on which the decision is based. If a
copy of the decision is not so furnished to the claimant within such 60 days, the claim will be
deemed denied on review. In no event may a claimant commence legal action for benefits the
claimant believes are due the claimant until the claimant has exhausted all of the remedies and
procedures afforded the claimant by this Article VI.

     Section 6.3. Written Statement. CHS may provide individual written statements of
accrued benefits to each Participant, or current Beneficiary or Surviving Spouse, in a form
determined by CHS at such times as may be established by CHS.

     Section 6.4. Committee. A Committee consisting of one (1) or more members appointed
by the Board of Directors will act for CHS under the Plan, unless the Plan specifically indicates
that the Board of Directors or other persons are to act for CHS with respect to a specified matter
under the Plan. If such Board does not appoint anyone to the Committee or if all members resign or
otherwise cease to be members of the Committee, such Board or any officer designated by the Board
will act for CHS until it makes any appointments under this section.

     Section 6.5. Records. The records of the Plan will be maintained on the Plan Year.

ARTICLE VII.

AMENDMENT OR TERMINATION

     Section 7.1. Amendment or Termination. CHS intends the Plan to be permanent but
reserves the right to amend or terminate the Plan at any time. Any such amendment or termination
will be made pursuant to a resolution of CHS’s Board of Directors and will be

 - 12 - 

 

effective as of the date provided in the resolution. An amendment will be stated in an
instrument in writing signed in the name of CHS by a person authorized by the Board of Directors
and all parties interested herein will be bound thereby.

     Section 7.2. Impact on Benefits. No amendment or termination of the Plan will
directly or indirectly reduce any benefit described in Article IV or Article V of the Plan as of
the effective date of such amendment or termination. A Participant’s benefit which has accrued
under the Plan will not increase after the termination of the Plan and will be determined under the
appropriate provisions of the Plan as if the Participant did not accumulate any additional service
after the effective date of such termination and did not have any increase in compensation after
that date. Upon the termination of the Plan, distribution of benefits payable under the Plan will
be made to the Participants or their Beneficiaries or Surviving Spouses in accordance with Article
IVof the Plan.

ARTICLE VIII.

GENERAL PROVISIONS

     Section 8.1. Responsibility for Benefits and Expenses. CHS will pay benefits arising
under the Plan and all costs, charges and expenses related thereto. CHS may anticipate its
obligations under this Plan by establishing a trust or purchasing any insurance or other contract;
provided, however, that such “funding” vehicle will not:

     (a) change the status of this Plan as an unfunded plan, or

     (b) change the rights of a Participant or the Participant’s Beneficiary or Surviving Spouse
under Section 8.3 of the Plan.

     Section 8.2. Inalienability. The benefits payable hereunder or the right to receive
future benefits under the Plan may not be anticipated, alienated, sold, transferred, assigned,
pledged, encumbered, or subjected to any charge or legal process; and no interest or right to
receive a benefit may be taken, either voluntarily or involuntarily, for the satisfaction of the
debts of, or other obligations or claims against, such person or entity, including claims for
alimony, support, separate maintenance and claims in bankruptcy proceedings.

     Section 8.3. Unsecured Claim. The right of a Participant or the Participant’s
Beneficiary or Surviving Spouse to receive a distribution hereunder will be an unsecured claim
against the general assets of CHS, and neither a Participant nor his or her Beneficiary or
Surviving Spouse will have any rights in or against any amount credited to any accounts under the
Plan or any other assets of CHS. The Plan will at all times be considered entirely unfunded both
for tax purposes and for purposes of Title I of ERISA. Funds invested hereunder will continue for
all purposes to be part of the general assets of CHS and available to the general creditors of CHS
in the event of CHS’s bankruptcy (when CHS is involved in a pending proceeding under the Federal
Bankruptcy Code) or insolvency (when CHS is unable to pay its debts as they mature). No
Participant or any other person will have any interests in any particular assets of CHS by reason
of the right to receive a benefit under the Plan. The Plan constitutes a mere promise by CHS to
make payments to the Participants in the future.

     Section 8.4. Terms of Pension Plan. Except as otherwise provided herein, the terms

 - 13 - 

 

and conditions of the Pension Plan will apply to the benefits described in Articles IV and V
of the Plan. Nothing in this Plan will operate or be construed in any way to modify, amend or
affect the terms and provisions of the Pension Plan.

     Section 8.5. Sufficiency of CHS Assets. Nothing contained in the Plan will be
interpreted as a guaranty by CHS or any other person or entity that any funds or assets of CHS
will be sufficient to pay any benefit hereunder.

     Section 8.6. Plan Administered According to its Terms. No Participant, Beneficiary,
or Surviving Spouse will have any right to a benefit under this Plan except in accordance with the
terms of the Plan. Establishment of the Plan will not be construed to give any Participant the
right to be retained in the service of CHS. The sole rights of a Participant or his or her
Beneficiary or Surviving Spouse under the Plan will be to have the Plan administered according to
its terms, and to receive whatever benefits he or she may be entitled to hereunder.

     Section 8.7. Incompetency. If any person entitled to a benefit payment under the Plan
is declared incompetent and a conservator or other person legally charged with the care of such
person or of his or her estate is appointed, any benefits under the Plan to which the person is
entitled will be paid to such conservator or other person legally charged with the care of the
person or his or her estate. Except as provided above, when CHS determines that such person is
unable to manage his or her affairs, CHS may provide for such payment or any part thereof to be
made to any other person or institution then contributing toward or providing for the care and
maintenance of such person. Any such payment will be a payment for the account of such person and
a complete discharge of any liability of CHS and the Plan therefore.

     Section 8.8. Impact of Corporate Change. The Plan will not be automatically
terminated by a transfer or sale of assets of CHS or by the merger or consolidation of CHS into or
with any other corporation or other entity, but the Plan will be continued after such sale, merger
or consolidation only if and to the extent that the transferee, purchaser or successor entity
agrees to continue the Plan. In the event the Plan is not continued by the transferee, purchaser
or successor entity, then the Plan will terminate subject to the provisions of Article VII of the
Plan.

     Section 8.9. Addresses. Each Participant will keep CHS informed of his or her current
address and the current address of his or her spouse and any designated Beneficiary. CHS will not
be obligated to search for any person. If the location of a Participant is not made known to CHS
within two (2) years after the date on which payment of the Participant’s benefits payable under
this Plan may first be made, payment may be made as though the Participant had died at the end of
the two-year period. If, within one additional year after such two-year period has elapsed, or,
within two (2) years after the actual death of a Participant, whichever is later, CHS is unable to
locate the Surviving Spouse or a designated Beneficiary of the Participant, then CHS will have no
further obligation to pay any benefit hereunder to such Participant, Surviving Spouse, or
designated Beneficiary and such benefits will be irrevocably forfeited to CHS.

     Section 8.10. Liability. Notwithstanding any of the preceding provisions of the Plan,
neither CHS nor any individual acting as an employee or agent of CHS will be liable to any
Participant, former Participant, Surviving Spouse, or any other person for any claim, loss,
liability or expense incurred in connection with the Plan, unless attributable to fraud or willful

 - 14 - 

 

misconduct on the part of CHS or any such employee or agent of CHS.

     Section 8.11. Availability of Copy of Plan. CHS will make a copy of the Plan
available for inspection by any Participant or designated Beneficiary or Surviving Spouse.

     Section 8.12. Applicable Laws. All questions pertaining to the construction, validity
and effect of the Plan will be determined in accordance with the laws of the United States and to
the extent not preempted by such laws, by the laws of the State of Minnesota.

     Section 8.13. Invalidated Provision. Any provision of this Plan prohibited by law
will be ineffective to the extent of any such prohibition, without invalidating the remaining
provisions of the Plan.

     Executed this 13 day of May, 2010.

	 	 	 	 	 
	 	CHS INC.

 	 
	 	By:  	/s/ John D. Johnson
 	 
	 	 	Title: President and CEO 	 
	 	 	 	 
	 

 - 15 -Exhibit 10.1

Exhibit 10.1

A. SCHULMAN, INC.

AMENDED AND RESTATED

2006 INCENTIVE PLAN

INSTRUCTIONS FOR COMPLETING TIME-BASED RESTRICTED STOCK AWARD

AGREEMENT FOR EMPLOYEES

Code Sheet

The following codes are used in this Award Agreement and should be replaced using your computer’s
“Replace” function.

	 	VTA 	 	Grantee’s name (all capital letters)
	 
	 	VTB	 	Grant Date (all capital letters)
	 
	 	Vtb	 	 Grant Date (initial capital letters only)
	 
	 	Vtc	 	 Person to contact for more information
	 
	 	Vtd	 	 Contact’s telephone number, including area code
	 
	 	Vte	 	 Date that is 30 days after the Grant Date (initial capital letters only)
	 
	 	Vtf	 	 Number of Shares of Restricted Stock granted (insert only the number in Arabic
numerals)
	 
	 	Vtg	 	 Contact’s street address
	 
	 	Vth	 	 Contact’s city, state and zip code
	 
	 	Vti	 	 Calendar year in which grant is made (e.g., 2010)
	 
	 	Vtq	 	 Grantee’s name (initial capital letters only)

 

 

 

A. SCHULMAN, INC.

AMENDED AND RESTATED

2006 INCENTIVE PLAN

TIME-BASED RESTRICTED STOCK AWARD AGREEMENT GRANTED TO

VTA on VTB

A. Schulman, Inc. (“Company”) believes that its business interests are best served by extending to
you an opportunity to earn additional compensation based on the growth of the Company’s business.
To this end, the Company adopted, and its stockholders approved, the A. Schulman, Inc. Amended and
Restated 2006 Incentive Plan (“Plan”) as a means through which employees like you may share in the
Company’s success. Capitalized terms that are not defined herein shall have the same meanings as
in the Plan.

This Award Agreement describes many features of your Award and the terms and conditions of your
Award. To ensure you fully understand these terms and conditions, you should:

	 	•	 	Read the Plan carefully to ensure you understand how the Plan works;
	 
	 	•	 	Read this Award Agreement carefully to ensure you understand the nature of your Award
and what you must do to earn it; and
	 
	 	•	 	Contact Vtc at Vtd if you have any questions about your Award.

Also, no later than Vte, you must return a signed copy of the Award Agreement to:

Vtc 

A. Schulman, Inc.

Vtg

Vth

Nature of Your Award

You have been granted Shares of Restricted Stock. If you satisfy the terms and conditions
described in this Award Agreement, the restrictions imposed on your Restricted Stock will lapse and
you will own the Shares. These and other conditions affecting your Restricted Stock are described
in this Award Agreement and the Plan, both of which you should read carefully.

Grant Date: Vtb.

Number of Shares of Restricted Stock: You have been granted Vtf Shares of Restricted Stock,
subject to the terms and conditions of this Award Agreement and the Plan.

When Your Award Will Vest

Until the terms and conditions described in this Award Agreement and the Plan are met, your Shares
of Restricted Stock will be held in escrow. Your Shares of Restricted Stock will be either
released from escrow and distributed to you, free of any restrictions, or forfeited, depending on
whether or not you satisfy the terms and conditions described in this Award Agreement and in the
Plan.

 

1

 

Normal Vesting Date: Normally, subject to your continued employment with the Company or a Related
Entity, restrictions on 33 1/3 % of your Shares of Restricted Stock will lapse (i.e., your Shares
of Restricted Stock will vest) on each of the first, second and third anniversaries of the Grant
Date. For purposes of this Agreement, each 12-month period ending on an anniversary of the Grant
Date shall be referred to as a “Vesting Year.”

However, your Restricted Stock may vest earlier in the circumstances described below.

How Your Restricted Stock Might Vest Earlier Than the Normal Vesting Date: Your Restricted Stock
will immediately vest if there is a Change in Control.

How Your Termination of Employment Will Affect Your Restricted Stock: You may forfeit your
Restricted Stock if you Terminate before the Normal vesting date, although this will depend on why
you Terminate.

	 	•	 	If you Terminate because of [1] death or [2] Disability, your Restricted Stock
will fully vest on your Termination date.
	 
	 	•	 	If you Terminate because of Retirement and if the Committee agrees to treat your
Termination as a Retirement, a prorata portion of your Restricted Stock will vest
on your Retirement date equal to: [1] the number of unvested Shares of Restricted
Stock that would have become vested if you had remained employed through the end of
the Vesting Year in which you Terminate, multiplied by [2] a fraction, the
numerator of which is the number of whole months you were employed during such
Vesting Year and the denominator of which is 12.
	 
	 	•	 	If you Terminate under any other circumstances, all of the Restricted Stock
granted through this Award Agreement will be forfeited on your Termination date.

Settling Your Award

If the restrictions on your Restricted Stock lapse, your Restricted Stock will be settled
automatically.

Other Rules Affecting Your Award

Rights During the Restriction Period: During the Restriction Period (and even though the Shares of
Restricted Stock are held in escrow until they are settled), you may exercise any voting rights
associated with your Shares of Restricted Stock. You also will be entitled to receive any
dividends or other distributions paid with respect to your Shares of Restricted Stock, although
such dividends and other distributions also will be held in escrow and subject to the same
restrictions on transferability and forfeitability as the Shares of Restricted Stock with respect
to which they were paid under this Award Agreement until the Restricted Stock is settled and
distributed to you (or forfeited), depending on whether or not you have met the conditions
described in this Award Agreement and in the Plan.

 

2

 

Beneficiary Designation: You may name a beneficiary or beneficiaries to receive any portion
of your Award and any other right under the Plan that is unsettled at your death. To do so, you
must complete a beneficiary designation form by contacting Vtc at Vtd or the address below. If you
previously completed a valid beneficiary designation form, such form shall apply to the Award until
changed or revoked. If you die without completing a beneficiary designation form or if you do not
complete that form correctly, your beneficiary will be your surviving spouse or, if you do not have
a surviving spouse, your estate.

Tax Withholding: Certain taxes must be withheld when your Award vests and is settled. These taxes
may be paid in one of several ways. They are:

	 	•	 	By the Company withholding this amount from other amounts owed to you (e.g., from
your salary);
	 
	 	•	 	By the Company withholding all or a portion of any cash amount owed to you with
respect to dividends credited with respect to the Shares that are to be distributed to
you;
	 
	 	•	 	By giving the Company a check (payable to “A. Schulman, Inc.”) in an amount equal to
the taxes that must be withheld; or
	 
	 	•	 	By having the Company withhold a portion of the Shares that otherwise would be
distributed to you. The number of Shares withheld will have a fair market value equal
to the taxes that must be withheld.

You must choose the approach you prefer before the Shares are transferred to you, although the
Company may reject your preferred method for any reason (or for no reason). If this happens, the
Company will specify (from among the alternatives just listed) how these taxes are to be paid.

If you do not choose a method within 30 days of the applicable settlement date, the Company will
withhold either through payroll practices or a portion of the Shares that otherwise would be
distributed to you. The number of Shares withheld will have a fair market value equal to the taxes
that must be withheld and the balance of the Shares will be distributed to you.

Transferring Your Restricted Stock: Normally, your Restricted Stock may not be transferred to
another person. However, as described above, you may complete a beneficiary designation form to
name the person to receive any Restricted Stock that is settled after you die. Also, the Committee
may allow you to transfer your Restricted Stock to certain Permissible Transferees, including a
trust established for your benefit or the benefit of your family. Contact Vtc at the address or
number given below if you are interested in doing this.

Governing Law: This Award Agreement will be construed in accordance with and governed by the laws
(other than laws governing conflicts of laws) of the State of Ohio, except to the extent that the
Delaware General Corporation Law is mandatorily applicable.

 

3

 

Other Agreements: Also, your Restricted Stock will be subject to the terms of any other written
agreements between you and the Company or a Related Entity to the extent that those other
agreements do not directly conflict with the terms of the Plan or this Award Agreement.

Adjustments to Your Restricted Stock: Subject to the terms of the Plan, your Award will be
adjusted, if appropriate, to reflect any change to the Company’s capital structure (e.g., the
number of Shares of Restricted Stock will be adjusted to reflect a stock split).

Other Rules: Your Restricted Stock also is subject to more rules described in the Plan. You
should read the Plan carefully to ensure you fully understand all the terms and conditions of this
Award.

*****

You may contact Vtc at the address or number given below if you have any questions about your Award
or this Award Agreement.

*****

 

4

 

Your Acknowledgment of Award Conditions

Note: You must sign and return a copy of this Award Agreement to Vtc at the address given below no
later than Vte.

By signing below, I acknowledge and agree that:

	 	•	 	A copy of the Plan has been made available to me;
	 
	 	•	 	I understand and accept the conditions placed on my Award and understand what I must
do to earn my Award;
	 
	 	•	 	I will consent (in my own behalf and in behalf of my beneficiaries and without any
further consideration) to any change to my Award or this Award Agreement to avoid
paying penalties under Section 409A of the Code, even if those changes affect the terms
of my Award and reduce its value or potential value; and
	 
	 	•	 	I must return a signed copy of this Award Agreement to the address shown below by
Vte.

	 	 	 	 	 	 	 	 	 	 	 
	VTA	 	 	 	A. SCHULMAN, INC.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	(signature)
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Date signed:	 	 	 	Date signed:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 

A signed copy of this Award Agreement must be sent to the following address no later than Vte:

Vtc

A. Schulman, Inc.

Vtg

Vth

Vtd

 

5

 

A. SCHULMAN, INC.

AMENDED AND RESTATED

2006 INCENTIVE PLAN

INSTRUCTIONS FOR COMPLETING SECTION 83(b) ELECTION FORM

You may make a Section 83(b) Election by completing the Section 83(b) Election Form. To do this:

	 	•	 	You must make the election by completing the attached form;
	 
	 	•	 	Within 30 days of Vtb, you must send a copy of this form to the internal revenue
office at which you file your federal income tax return;
	 
	 	•	 	A copy of this form must be submitted with your income tax return for the taxable
year in which the property is transferred; and
	 
	 	•	 	You also must send a copy of this form to:

Vtc

A. Schulman, Inc.

Vtg

Vth

 

 

 

A. SCHULMAN, INC.

AMENDED AND RESTATED

2006 INCENTIVE PLAN

ELECTION UNDER SECTION 83(b)

OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED

The undersigned taxpayer hereby elects, pursuant to Section 83(b) of the Internal Revenue Code of
1986, as amended, to include in taxpayer’s gross income for the current taxable year, the amount of
any income that may be taxable to taxpayer in connection with taxpayer’s receipt of the property
described below:

	1.	 	The name, address, taxpayer identification number and taxable year of the undersigned
are as follows:

	 	 	 	 	 	 	 
	NAME OF TAXPAYER: Vtq	 
	 	 	 	 	 	 	 
	ADDRESS: 	 	 	 	 	 	 
	 	 

	 	 	 
	 	 	 	 	 	 	 
	 	 

	 	 	 
	 	 	 	 	 	 	 
	 	 

	 	 	 
	 	 	 	 	 	 	 
	IDENTIFICATION NUMBER OF TAXPAYER: 	 	 	 	 
	 	 	 	 

	 	 
	 	 	 	 	 	 	 
	TAXABLE YEAR: Calendar year Vti	 

	2.	 	The property with respect to which the election is made is:
	 
	 	 	Vtf shares of the common stock of A. Schulman, Inc., a Delaware corporation
(“Company”).

	3.	 	The date on which the property was transferred is: Vtb.
	 
	4.	 	The property is subject to the following restrictions:
	 
	 	 	Forfeiture of:
	 
	 	 	                     shares in favor of the Company if employment terminates before
	 
	 	 	                                        .
	 
	 	 	                     shares in favor of the Company if employment terminates before
	 
	 	 	                                        .
	 
	 	 	                     shares in favor of the Company if employment terminates before
	 
	 	 	                                        .
	 
	 	 	Restrictions may lapse earlier upon the death or disability (as defined in the A.
Schulman, Inc. Amended and Restated 2006 Incentive Plan (the “Plan”)) of the

 

1

 

	 	 	taxpayer or in the event of a change in control (as defined in the Plan). In the
discretion of the Compensation Committee of the Company, the restrictions on a
prorata portion of the Shares may lapse earlier upon the retirement (as defined in
the Plan) of the taxpayer.
	 
	5.	 	The fair market value at the time of transfer, determined without regard to any
restriction other than a restriction which by its terms will never lapse, of such
property is: $                    .
	 
	6.	 	The amount (if any) paid for such property: $00.00.

The undersigned has submitted a copy of this statement to the Company. The transferee of such
property is the person performing the services in connection with the transfer of said property.

The undersigned understands that the foregoing election may not be revoked except with the consent
of the Commissioner.

	 	 	 	 	 	 	 
	Dated:
	 	 	 	 	 	 
	 

	 

	 	 

Vtq
	 	 

 

2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}]]