Document:

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                                                                   Exhibit 10.15

                              EMPLOYMENT AGREEMENT

         THIS AGREEMENT is made and entered into this 19th day of August, 1998,
by and between Land O'Lakes, Inc., a Minnesota cooperative corporation with its
principal place of business at 4001 Lexington Avenue North, Arden Hills,
Minnesota 55126 (hereinafter referred to as "Land O'Lakes"), and John L. Prince,
an individual residing at 131 Valley View Drive, Exeter, California 93221
(hereinafter referred to as "Prince").

         WHEREAS, Prince is experienced and possesses significant expertise in
the management and operation of a California dairy processing business and has
served for a number of years as President and Chief Executive Officer of
Dairyman's Cooperative Creamery Association ("DCCA") of Tulare, California; and

         WHEREAS, Land O'Lakes desires to retain and employ the services of
Prince on the terms and conditions set forth in this Agreement, and Prince
desires to be retained and employed by Land O'Lakes to perform such services
under the terms and conditions of this Agreement.

         NOW, THEREFORE, in consideration of the premises and the respective
covenants and commitments of Land O'Lakes and Prince set forth in this
Agreement, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Land O'Lakes and Prince agree as
follows:

1.   Employment. Land O'Lakes hereby employs Prince as Senior Vice President,
     California Dairy Operations, and Prince hereby accepts such employment in
     such capacity and agrees to perform services for Land O'Lakes upon the
     terms and conditions set forth in this Agreement. In his capacity as Senior
     Vice President, California Dairy Operations, Prince will be expected to
     provide leadership in California dairy manufacturing operations and
     California dairy industry representation, subject to the management and
     direction of Land O'Lakes' Chief Executive Officer (hereinafter referred to
     as the "CEO"). Throughout the term of this Agreement and in his capacity as
     an officer of Land O'Lakes, Prince shall devote his full time, loyalty,
     attention, skill, and energy to the business and affairs of Land O'Lakes
     and shall perform to the best of his ability such other responsibilities
     and duties as may be assigned to him from time to time by the CEO. In
     performing such duties and responsibilities, Prince shall implement and
     promote the Land O'Lakes values statement.

2.   Term; Termination.

     A.   The term of this Agreement shall be five (5) years, commencing on July
          1, 1998, and continuing through June 30, 2003. Upon expiration of the
          term of this Agreement, Prince's status with Land O'Lakes shall be
          deemed to be that of an at-will employee and, as such, Land O'Lakes
          may, in its sole discretion, modify the terms and conditions of
          Prince's employment with Land O'Lakes.

     B.   This Agreement shall terminate immediately upon the happening of
          either (1) Prince's death, or (2) the disability or incapacitation of
          Prince for a consecutive period of twelve (12) months or more, which
          disability or incapacitation renders Prince unable to perform
          substantially all of his normal employment responsibilities hereunder.

     C.   Land O'Lakes may terminate this Agreement at any time, without prior
          notice to Prince, upon the occurrence of any of the following events:

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           (i) Prince willfully refuses to perform his duties under this
               Agreement or willfully refuses to comply with or implement
               reasonable policies established by the CEO or Land O'Lakes' Board
               of Directors;

          (ii) Prince misappropriates any Land O'Lakes assets or commits any
               other act of dishonesty, misconduct, or violation of law which
               materially compromises his ability to effectively perform his
               responsibilities hereunder; or

         (iii) Prince breaches this Agreement in any material respect, which
               breach is not cured or is not capable of being cured by Prince
               within thirty (30) days after written notice of such breach is
               delivered to Prince by Land O'Lakes in accordance with paragraph
               13 hereof.

     D.   Prince may terminate this Agreement upon sixty (60) days written
          notice for any reason at any time after June 30, 1999. In the event of
          such termination occurring during the second or third contract years
          of this agreement, Prince shall be entitled to receive Base Pay as
          provided in paragraph 3.A. for a period of two calendar years after
          the effective termination date. In the event such termination occurs
          during the fourth or fifth contract year, Prince shall be entitled to
          receive Base Pay for one calendar year or the balance of the term of
          this agreement, whichever period is shorter. During any period during
          which Prince is paid pursuant to this paragraph after his effective
          termination date, he shall continue to be eligible for health care
          benefits on the same basis and subject to the same contribution rate
          in effect as of his effective termination date. None of the other
          employee benefits described in paragraph 4 will continue after
          Prince's effective termination date. Further, Prince will not be
          eligible for any variable pay, whether annual or long-term,
          attributable to any period after his effective termination date.

     E.   Notwithstanding any contrary provisions contained elsewhere in this
          Agreement, this Agreement and the respective rights and obligations of
          Land O'Lakes and Prince hereunder (except for those rights and
          obligations of the parties under paragraphs 6 and 8) cease upon
          termination.

3.   Compensation.

     A.   As compensation for services performed hereunder during the first year
          of the term of this Agreement, Land O'Lakes shall pay Prince a base
          salary at an annual rate of Three Hundred Thousand Dollars
          ($300,000.00) per year (hereinafter referred to as the "Base Salary").
          The Base Salary payable to Prince during each subsequent year of the
          term of this Agreement shall be established by Land O'Lakes' CEO not
          later than June 30 of each year during the term of this Agreement,
          unless the parties mutually agree otherwise. In no event shall the
          CEO's annual review of Prince's Base Salary result in an increase in
          Prince's Base Salary which is less than Land O'Lakes' budgeted average
          percentage salary increase for exempt management personnel for that
          year.

     B.   Prince shall also be entitled to participate in the Executive Annual
          Variable Compensation Plan established by Land O'Lakes for its
          officers, at the rate applicable to group vice presidents; provided,
          however, that the maximum payment under such Plan for each year of the
          term of this Agreement shall not exceed sixty percent (60%) of
          Prince's current Base Salary in such year. The parties acknowledge
          that this plan operates on a calendar year basis, and to the extent
          the term of this Agreement includes any partial plan year, payment
          under the plan for such partial plan year will be on a pro rata basis.

                                      -2-

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     C.   Prince shall further be entitled to participate in the Executive
          Long-Term Variable Compensation Plan established by Land O'Lakes for
          its officers, at the rate applicable to group vice presidents;
          provided, however, that the maximum payment under such Plan for each
          year of the term of this Agreement shall not exceed forty percent
          (40%) of Prince's current Base Salary in such year. Prince shall
          commence eligibility for accrual of benefits under this Plan as of the
          beginning of the term of this Agreement. The parties acknowledge that
          this plan operates on a three-calendar-year cycle, and to the extent
          the term of this Agreement includes any partial cycle, payment under
          the plan for such cycle will be on a pro rata basis. The parties
          specifically agree that for the following cycles, Prince will receive
          the specified portion of the amount he would have received according
          to the terms of the plan if he had been employed throughout the entire
          cycle, provided he is actively employed through December 31 of the
          final year of such cycle: 96-98, 1/3; 97-99, 2/3; 98-00, full payment.

     D.   All compensation to be paid to Prince in accordance with the terms of
          this Agreement shall be subject to all applicable withholding taxes,
          payroll deductions, and other deductions required by law and shall be
          payable to Prince in accordance with Land O'Lakes' normal payroll
          procedures.

4. Employee Benefit Programs.

     A.   In addition to the compensation described in paragraph 3, Prince shall
          be eligible to participate in the welfare and pension benefit plans
          maintained by Land O'Lakes, such participation to be in accordance
          with the terms of the plans as they may exist during the term of this
          Agreement. In addition, Land O'Lakes shall provide Prince with the
          following specific benefits throughout the term of this Agreement:

          (i)  Use of his current automobile or an equivalent automobile in
               accordance with established guidelines for the Land O'Lakes
               executive automobile plan;

          (ii) Participation in the Land O'Lakes, Inc. Employee Retirement Plan,
               the Land O'Lakes Employee Savings and Supplemental Retirement
               Plan, and the Land O'Lakes Non-Qualified Excess Benefits Plan
               (IRS Limits);

         (iii) Equivalent of benefit accrual under Land O'Lakes, Inc. Employee
               Retirement Plan from date of hire with DCCA provided through
               combination of supplemental individual non-qualified arrangement
               and plan benefits;

          (iv) Continue special deferred annuity payment plan provided by DCCA;

          (v)  Insurance policy with personal liability coverage of Two Million
               Dollars ($2,000,000.00);

                                      -3-

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          (vi) The opportunity to participate in the elective deferred
               compensation plan offered to officers of Land O'Lakes;

         (vii) Establish beginning balance in personal flex-time program which
               is the sum of thirty (30) days and accrued, unused vacation time
               from DCCA, the total of which shall not exceed forty-five (45)
               days; commence accrual at rate of two (2) days per month;

        (viii) Full relocation benefits according to the terms of the Land
               O'Lakes program currently in existence in the event Prince is
               requested to relocate during the term of this Agreement; and

          (ix) Participation in such other welfare benefit plans as Land O'Lakes
               generally makes available to its executive employees.

5.   Expenses. Land O'Lakes agrees to reimburse Prince for all reasonable and
     necessary out-of-pocket expenses incurred by him in performing his duties
     under this Agreement, such reimbursement to be made in accordance with
     established policies and procedures.

6.   Confidential Information.

     A.   Prince shall carefully guard and keep secret all trade secrets and
          confidential information concerning the business and affairs of Land
          O'Lakes, including, but not limited to Land O'Lakes customer lists,
          personnel information, secret processes, or other secret or
          confidential information, knowledge, or data (the "Confidential
          Information"), whether or not such Confidential Information is
          obtained, acquired, or developed by Prince during the period of his
          employment with Land O'Lakes. Prince shall not, at any time, whether
          in the performance of this Agreement or at a later time, directly or
          indirectly disclose any such Confidential Information to any person,
          firm, or corporation or other third party or use the same in any way
          other than in connection with the business affairs of Land O'Lakes,
          unless he first secures the prior written consent of Land O'Lakes'
          CEO. Further, Prince shall refrain from any acts or omissions which
          would reduce the value of the Confidential Information to Land
          O'Lakes.

     B.   The existence of this Agreement, the terms and conditions of this
          Agreement, and the content of all negotiations surrounding this
          Agreement shall be considered Confidential Information.

     C.   In the event Prince becomes legally compelled to disclose any
          Confidential Information of Land O'Lakes, Prince shall provide Land
          O'Lakes with immediate notice so that Land O'Lakes may seek a
          protective order or other appropriate remedy. If a protective order or
          other remedy is not obtained by Land O'Lakes, Prince shall only
          furnish that portion of Land O'Lakes' Confidential Information which
          is legally required and shall exercise his best efforts to obtain a
          protective order or other reliable assurance that Land O'Lakes'
          Confidential Information shall be accorded confidential treatment. The
          foregoing obligations of this paragraph 6 shall survive the term of
          this Agreement.

                                      -4-

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7.       Return of Land O'Lakes' Property. Upon termination of his employment,
         regardless of how termination is effected, Prince shall promptly
         deliver to Land O'Lakes all records, reports, files, or other documents
         which are the property of Land O'Lakes or which relate in any way to
         the customers, business, practices, or techniques of Land O'Lakes,
         along with any and all other property and Confidential Information of
         Land O'Lakes which, in any of these cases, are in Prince's possession
         or under his control. It is agreed that such records, reports, and
         other documents or property, including any and all copies thereof and
         all information contained therein, are and at all times shall be deemed
         to be the property of Land O'Lakes.

8.   Noncompetition.

     A.   During the six-year period commencing on July 1, 1998, Prince shall
          not, without the prior written consent of the CEO, directly or
          indirectly own, manage, operate, control, participate in, or be
          connected in any manner with the ownership, management, operation, or
          control of any business, a significant portion of which involves fluid
          milk, ice cream, or any other product or product group which comprises
          a significant portion of the business of Land O'Lakes at the time of
          the termination of this Agreement, in any territory in which Land
          O'Lakes conducts such business. Furthermore, Prince shall not induce
          or attempt to persuade any agent, employee, or customer of Land
          O'Lakes to terminate an existing employment, agency, or business
          relationship with Land O'Lakes in order to enter into any such
          relationship in competition with Land O'Lakes. The foregoing
          obligations of this paragraph 8 shall survive the term of this
          Agreement.

     B.   Prince further acknowledges that the noncompetition provisions of this
          paragraph 8 constitute a material inducement to Land O'Lakes to enter
          into this Employment Agreement and to provide the benefits and
          compensation payments to Prince hereunder, and Land O'Lakes will be
          relying on the enforceability of the noncompetition provisions of this
          paragraph 8 in performing its obligations under this Agreement.

9.   Enforcement. Prince acknowledges that a breach of paragraph 6 or paragraph
     8 may result in irreparable damage to Land O'Lakes. Accordingly, in the
     event of any breach or threatened breach by Prince of paragraphs 6 or 8 of
     this Agreement, Land O'Lakes may bring an action in any court of competent
     jurisdiction to obtain a temporary and/or permanent injunction to enforce
     the provisions of this agreement, or to pursue any other legal remedies
     which may be available. If Land O'Lakes prevails in an action to enforce
     the terms of this Agreement, Prince agrees to reimburse Land O'Lakes for
     its costs and expenses, including reasonable attorneys' fees.

10.  Assignment. This Agreement and the rights and obligations of Prince
     hereunder are not assignable, in whole or in part, by Prince, and any
     attempted assignment by him shall be null and void and without force and
     effect.

11.  Severability. The provisions of this Agreement shall be severable, and the
     invalidity of any provision, or portion thereof, shall not affect the
     enforceability of the remaining provisions of this Agreement.

                                      -5-

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12.  Waiver. The failure of either party under this Agreement to exercise any
     right, power, or option given to that party under this Agreement or under
     any applicable law, or the failure of either party to insist upon strict
     compliance with the terms of this Agreement on one occasion shall not
     constitute a waiver by such party with respect to any subsequent breach
     thereof, nor shall it constitute a waiver by that party of its rights at
     any time thereafter to require strict compliance with the terms of this
     Agreement.

13.  Notices. Any notices required hereunder shall be deemed to have been
     properly given if a written notice has been delivered to the party to whom
     notice is required to be given (the "Addressee") by either (a)
     hand-delivering such notice to Addressee; or (b) enclosing such notice in a
     sealed envelope and sending it by certified mail, return receipt requested,
     postage prepaid, to Addressee at Addressee's address shown below, or at
     such other address as Addressee may hereafter designate in writing to the
     other party:

     Jack Prince                                     Land O'Lakes, Inc.
     131 Valley View Drive                           Attention:  John E. Gherty
     Exeter, California 93221                        President and Chief
                                                       Executive Officer
                                                     P.O. Box 64101
                                                     St. Paul, MN 55164-0101

                                    With a copy to:  Mary K. Mills
                                                     Senior Counsel
                                                     Land O'Lakes, Inc.
                                                     P.O. Box 64101
                                                     St. Paul, MN 55164-0101

14.  Headings. Titles and headings in this Agreement are for the convenience of
     reference only and do not form a part of this Agreement and shall in no way
     affect the interpretation hereof.

15.  Governing Law. This Agreement shall be construed and enforced in accordance
     with the laws of the State of Minnesota, without giving effect to any
     choice or conflict of law provision or rule that would cause the
     application of the laws of any jurisdiction other than the State of
     Minnesota.

16.  Advice of Counsel. No party, representative, or counsel for either party
     has acted as counsel for the other party with respect hereto. Each party
     represents that such party has sought and obtained any legal advice deemed
     necessary prior to entering into this Agreement. Each party hereto has had
     the opportunity to fully negotiate the terms hereof and to modify the
     draftsmanship of this Agreement. Therefore, the terms of this Agreement
     shall be construed and interpreted without any presumption, inference, or
     rule requiring construction or interpretation against the party causing
     this Agreement to be drafted. No party or representative for such party
     shall act or be deemed to act as legal counsel or representative for the
     other party.

                                      -6-

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17.  Entire Agreement. This writing evidences the entire agreement and
     understanding of the parties with respect to the employment of Prince and
     other matters discussed herein and supersedes any and all other agreements
     and understandings, whether written or oral, with respect thereto. No
     modification, alteration, or change in the terms of this Agreement shall be
     effective unless made in a writing signed by both Land O'Lakes and Prince.

IN WITNESS WHEREOF, each of the parties have executed this Agreement effective
as of the date first above written.

                                         LAND O'LAKES, INC.

                                         By
------------------------------------        ------------------------------------
JACK PRINCE
                                         Its

                                      -7-<PAGE>

                                                                   Exhibit 10.16

                        AMENDMENT TO EMPLOYMENT AGREEMENT

THIS AMENDMENT is made and entered this ______ day of January, 2002 by and
between Land O'Lakes, Inc., a Minnesota cooperative corporation with its
principal place of business at 4001 Lexington Avenue North, Arden Hills,
Minnesota 55126 (hereinafter referred to as "Land O'Lakes"), and John L. Prince,
an individual residing at 131 Valley View Drive, Exeter, California 93221
(hereinafter referred to as "Prince").

WHEREAS, the parties entered into an employment agreement dated August 19, 1998
("Employment Agreement"), and the parties now wish to modify certain terms of
the Employment Agreement.

NOW THEREFORE, in consideration of the premises and the respective covenants and
commitments of LAND O'LAKES and Prince set forth in this Amendment, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, LAND O'LAKES and Prince agree as follows:

1.   The parties agree that from January 1, 2002 through February 29, 2004,
     Prince's title and responsibilities shall be as originally described in
     Paragraph 1 of the Employment Agreement, except that he shall report to the
     Executive Vice President of Dairy Foods or such other person as the CEO of
     Land O'Lakes shall designate.

2.   Paragraph 2.A. of the Employment Agreement shall be modified to read as
     follows:

     The term of this Agreement shall commence on July 1, 1998, and continue
     through February 29, 2004. Prince agrees to use all accrued PTO (exclusive
     of any amount in the 2000 PTO Bank) prior to the expiration of this
     Agreement or any voluntary termination of this Agreement by Prince pursuant
     to paragraph 2.D. below. Upon expiration of the term of the Agreement, the
     parties shall enter into a Consulting Agreement on the terms and conditions
     set forth in Exhibit A, attached hereto and incorporated herein by
     reference.

3.   Paragraph 2.D. shall be modified by replacing the third sentence thereof
     with the following:

     In the event such termination occurs during the fourth of fifth contract
     year, Prince shall be entitled to receive Base Bay for one calendar year or
     until June 30, 2003, whichever period is shorter. In the event Prince
     terminates this Agreement pursuant to this paragraph after July 1, 2003,
     Prince shall not be entitled to any payments of Base Pay for any period
     after his effective termination date.

4.   Paragraph 3.C. shall be modified by adding the following at the end of the
     paragraph:

     The parties acknowledge that the Executive Long-Term Variable Compensation
     Plan ended December 31, 2000. In its place, Prince became eligible to
     participate in the California Cooperative Value Incentive Plan according to
     its terms beginning January 1, 2001; Prince's participation will remain at
     the same level through December 31, 2003. Prince will receive no grant of
     units pursuant to the plan for any period after December 31, 2003.

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5.   New paragraph 3.D. shall be added:

     To the extent that the cumulative earnings of the Dairy Foods operations,
     Western Region (including Land O'Lakes' ownership interest in the CPI
     venture) for the years 2002 and 2003 exceed the cumulative total of the
     budgeted annual business plan numbers for those two years, then the
     following additional incremental incentives will be triggered:

     $1,000 for each $10,000 of incremental earnings over ABP budgeted earnings,
     up to a maximum incentive amount of $100,000, payable in a single cash
     lump-sum payment AND

     $1,000 credit toward automobile purchase (as further described in paragraph
     4.B.) for each $25,000 of incremental earnings over ABP budgeted earnings,
     up to a maximum credit of $40,000.

     These incentives are in addition to any payments which may be due under the
     Land O'Lakes Annual Variable Compensation Plan. Payment or credit of
     incentives hereunder is contingent upon the judgment of the CEO, in his
     sole discretion, that the success of Western Region operations was
     accomplished in the context of the overall success of the Dairy Foods
     Division. Any payment due under this paragraph will be made not later than
     February 29, 2004.

6.   Current paragraph 3.D. shall be renumbered 3.E.

7.   New Paragraph 4.B. shall be added as follows:

     Upon expiration of this Agreement on February 29, 2004 (but not upon
     earlier termination of this Agreement for any reason), Prince may purchase
     his company automobile for an amount which is $10,000 less than the
     wholesale value of the vehicle to Land O'Lakes, subject also to credit for
     amounts paid by Prince for the automobile at the time of purchase in excess
     of the maximum paid by Land O'Lakes, all in accordance with Land O'Lakes'
     policy. For any vehicle purchased by Prince after the date of this
     amendment, the maximum to be paid by Land O'Lakes will be $50,000,
     notwithstanding anything to the contrary in the policy. Payment for the
     balance due on the vehicle shall be made not later than February 29, 2004.

8.   Paragraph 8.A. shall be modified to read as follows:

     Throughout the term of this Agreement and continuing through February 28,
     2006, Prince shall not, without the prior written consent of the CEO,
     directly or indirectly own, manage, operate, control, participate in, or be
     connected in any manner with the ownership, management, operation, or
     control of any business, a significant portion of which involves dairy or
     whey products, including but not limited to cheese and whey fractions, or
     any other product or product group which comprises a significant portion of
     the business of Land O'Lakes Dairy Foods group at the time of the
     termination of this Agreement, in any territory in which Land O'Lakes
     conducts such business. Furthermore, during the same period, Prince shall
     not induce or attempt to persuade any agent, employee, member or customer

<PAGE>

     of Land O'Lakes to terminate an existing employment, agency, membership or
     business relationship with Land O'Lakes in order to enter into any such
     relationship in competition with Land O'Lakes. The parties hereto expressly
     agree and acknowledge that involvement by Prince in the operation or
     ownership of a dairy farm or calf-raising operation, standing alone, shall
     not be a violation of these obligations. The foregoing obligations of this
     paragraph 8 shall survive the term of this Agreement.

In all other respects, the terms of the Employment Agreement remain in full
force and effect.

IN WITNESS WHEREOF, each of the parties have executed this Amendment effective
as of the date first above written.

JOHN L. PRINCE                                       LAND O'LAKES, INC.

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

Date:_________________                               Date:_____________________

<PAGE>

                                    Exhibit A

                              Consulting Agreement

THIS AGREEMENT is made and entered into this ____ day of________, 2003, by and
between Land O'Lakes, Inc., a Minnesota cooperative corporation with its
principal place of business at 4001 Lexington Avenue North, Arden Hills,
Minnesota 55126 (hereinafter referred to as "Land O'Lakes"), and John L. Prince,
an individual residing at 131 Valley View Drive, Exeter, California 93221
(hereinafter referred to as "Prince").

         WHEREAS, Land O'Lakes desires to retain Prince as a consultant on the
terms and conditions set forth in this Agreement, and Prince desires to be
retained by Land O'Lakes to perform consulting services under the terms and
conditions of this Agreement.

         NOW, THEREFORE, in consideration of the premises and the respective
covenants and commitments of Land O'Lakes and Prince set forth in this
Agreement, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Land O'Lakes and Prince agree as
follows:

1.   Services to be Performed. Land O'Lakes hereby retains Consultant to provide
     such consulting services within the areas of his experience and expertise
     as it may request from time to time. In performing the services hereunder,
     Consultant's Land O'Lakes contact will be the Executive Vice President
     Dairy Foods or such other person as the CEO of Land O'Lakes may designate.
     In no event shall Consultant have the authority to enter into any
     agreements, whether written or oral, to bind Land O'Lakes in any manner.

     The services to be provided by Consultant under the terms of this Agreement
     shall be performed personally by Consultant, and there shall be no
     substitution for Consultant's personal services. Consultant shall
     diligently and conscientiously use his best efforts in performing
     consulting services under this Agreement in accordance with any deadlines
     or other time requirements established by Land O'Lakes.

2.   Term and Termination.

     A.   The initial term of this Agreement shall be a one-year period
          commencing on March 1, 2004, and ending February 28, 2005. The
          Agreement may be renewed for an additional one-year renewal term,
          subject to the mutual agreement of the parties; the parties agree to
          resolve the status of the renewal term not later than November 30,
          2004.

     B.   This Agreement shall terminate immediately upon the happening of
          either (1) Prince's death, or (2) the disability, incapacitation, or
          unavailability of Prince for a consecutive period of three (3) months
          or more, which renders Prince unable to perform consulting services
          hereunder.

     C.   Land O'Lakes may terminate this Agreement at any time, without prior
          notice to Prince, in the event Prince breaches this Agreement or any
          continuing obligation of his Employment Agreement with Land O'Lakes in
          any material respect, which breach is not cured or is not capable of
          being cured by Prince within thirty (30) days after written notice of
          such breach is delivered to Prince by Land O'Lakes.

<PAGE>

3.   Consulting Fees; Expenses. In consideration for services performed by
     Consultant hereunder, Land O'Lakes agrees to pay Consultant a consulting
     fee in the amount of Ten Thousand Dollars ($10,000.00) per month for each
     month in which Consultant is available to provide up to eighty (80) hours
     of services hereunder. In the event Land O'Lakes desires more than 80 hours
     of Consultant's service in a calendar month, the parties shall mutually
     agree in advance to compensation for additional consulting time. As
     additional consideration for consulting services hereunder, Land O'Lakes
     will reimburse Prince for his COBRA expense (or, if Prince so elects, and
     the cost thereof is less than COBRA expense, his retiree medical premium),
     for each month during the term of this Agreement. Travel expenses (e.g.,
     meals, lodging, transportation and other reasonable expenses) incurred by
     Consultant at the request of Land O'Lakes, which are reasonable and
     necessary to the performance of consulting services hereunder, will be paid
     directly or reimbursed by Land O'Lakes. All requests for expense
     reimbursement, including COBRA expense reimbursement, must be submitted
     within thirty (30) days after the expense is incurred.

4.   Independent Contractor. It is understood that Consultant's relationship to
     Land O'Lakes under this Agreement shall be that of an independent
     contractor, and Consultant shall not be considered an employee for any
     purpose. The conduct and control of Consultant's work within the scope of
     duties assigned shall lie solely with Consultant, except that the work
     shall be subject to Land O'Lakes' general right of supervision to secure
     the satisfactory completion thereof. Accordingly, Consultant shall be
     responsible for payment of all taxes arising out of his activities in
     accordance with this Agreement, including, by way of illustration but not
     limitation, federal and state income taxes, social security taxes,
     unemployment insurance taxes, and other taxes or business license fees as
     required. Further, Consultant shall not be entitled to any of the benefits
     that Land O'Lakes provides to its employees, including, without limitation,
     medical benefits, pension benefits, insurance for worker's compensation,
     unemployment, or general liability.

5.   Confidential Information.

     A.   Consultant shall carefully guard and keep secret all information
          relating to Land O'Lakes' business operations including, but not
          limited to, all trade secrets, customers, customer or supplier lists,
          price lists, long range plans, annual business plans, products, and
          feed formulas ("Confidential Information"), whether such Confidential
          Information is acquired as a result of the services rendered hereunder
          or otherwise. Consultant shall not, at any time, whether in the
          performance of this Agreement or at a later time, directly or
          indirectly, disclose such Confidential Information to any person,
          firm, or corporation or other third party or use the same in any way
          other than in connection with the business affairs of Land O'Lakes,
          unless Consultant first secures the prior written consent of Land
          O'Lakes. Consultant acknowledges and agrees that the Confidential
          Information constitutes a unique and valuable asset of Land O'Lakes
          acquired at great time and expense by Land O'Lakes and its
          predecessors, and that any disclosure or use of the Confidential
          Information other than for the sole benefit of Land O'Lakes would be
          wrongful and would cause irreparable harm to Land O'Lakes. During the
          term of this Agreement and at all times thereafter, Consultant shall
          refrain from any acts or omissions that would reduce the value of the
          Confidential Information to Land O'Lakes.

<PAGE>

     B.   In the event Consultant becomes legally compelled to disclose any
          Confidential Information of Land O'Lakes, Consultant shall provide
          Land O'Lakes with immediate notice so that Land O'Lakes may seek a
          protective order or other appropriate remedy. If a protective order or
          other remedy is not obtained by Land O'Lakes, Consultant shall only
          furnish that portion of Land O'Lakes' Confidential Information which
          is legally required and shall exercise Consultant's best efforts to
          obtain a protective order or other reliable assurance that Land
          O'Lakes' Confidential Information shall be accorded confidential
          treatment.

     C.   The provisions of this paragraph 5 shall not apply to: (1) Information
          that was publicly available at the time Consultant acquires it from
          Land O'Lakes; (2) Information that subsequently becomes publicly
          available other than by Consultant's breach of this Agreement; (3)
          Information that was known by Consultant prior to Consultant acquiring
          it from Land O'Lakes as evidenced by written documentation; (4)
          Information that was rightfully acquired by Consultant from a source
          other than Land O'Lakes or Land O'Lakes' affiliates, directors,
          employees, agents, or representatives, provided that such source is
          not prohibited from transmitting such information to Consultant
          pursuant to any contractual, fiduciary, or legal obligation; (5)
          Information that was independently developed by Consultant without the
          use of Land O'Lakes' Confidential Information, as evidenced by written
          documentation; or (6) Information as generally disclosed by Land
          O'Lakes to third parties without similar obligations of
          confidentiality.

     D.   The foregoing obligations of this paragraph 5 shall survive the
          termination of this Agreement. Except for the obligations of this
          paragraph 5, nothing in this Agreement shall be construed to limit the
          right of Consultant to provide consulting services to or be employed
          by any party during or after the term of this Agreement.

6.   Return of Land O'Lakes' Property. Whenever requested by Land O'Lakes or
     upon termination of this Agreement, regardless of how termination is
     effected, Consultant shall immediately return to Land O'Lakes all of Land
     O'Lakes' property, including, without limitation, all files, papers, and
     records of every kind, and any and all copies thereof, used by Consultant
     in rendering services hereunder or otherwise.

7.   Severability. The provisions of this Agreement shall be severable, and the
     invalidity of any provision, or portion thereof, shall not affect the
     enforceability of the remaining provisions of this Agreement.

<PAGE>

8.   Waiver. None of the provisions of this Agreement shall be considered waived
     by either party hereto unless the waiver is given in writing to the other
     party. A written waiver shall operate only as to the specific term or
     condition waived, and no written waiver shall be deemed to be a continuing
     waiver unless specifically stated to be continuing in effect.

9.   Assignment. Consultant may not assign, delegate, or transfer this Agreement
     or any of Consultant's rights or obligations hereunder without the prior
     written consent of Land O'Lakes.

10.  Headings. Titles and headings in this Agreement are for the convenience of
     reference only and do not form a part of this Agreement and shall in no way
     affect the interpretation hereof.

11.  Governing Law. This Agreement shall be governed by, and construed in
     accordance with, the laws of the State of Minnesota, without giving effect
     to any choice or conflict of law provision or rule that would cause the
     application of the laws of any jurisdiction other than the State of
     Minnesota.

12.  Advice of Counsel. No party, representative, or counsel for either party
     has acted as counsel for the other party with respect hereto. Each party
     represents that such party has sought and obtained any legal advice deemed
     necessary prior to entering into this Agreement. Each party hereto has had
     the opportunity to fully negotiate the terms hereof and to modify the
     draftsmanship of this Agreement. Therefore, the terms of this Agreement
     shall be construed and interpreted without any presumption, inference, or
     rule requiring construction or interpretation against the party causing
     this Agreement to be drafted. No party or representative for such party
     shall act or be deemed to act as legal counsel or representative for the
     other party.

13.  Entire Agreement. This writing constitutes the entire understanding of Land
     O'Lakes and Consultant and supersedes all previous agreements or
     negotiations with respect to the subject matter hereof. No modification,
     alteration, or change in the terms hereof shall be effective unless made in
     writing and signed by both Land O'Lakes and Consultant.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
the date first above written.

CONSULTANT                                  LAND O'LAKES, INC.

____________________________________        By _________________________________
JOHN L. PRINCE
                                           Its _________________________________

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