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EXHIBIT 10.19.3

THIRD AMENDMENT TO THE

MONSANTO COMPANY LONG-TERM INCENTIVE PLAN

AS AMENDED AND RESTATED AS OF APRIL 24, 2003

     The Monsanto Company Long-Term Incentive Plan, as amended and restated as of April 24, 2003,
and again amended effective January 29, 2004 and effective October 23, 2006 (as so amended, the
“Plan”), is hereby further amended as set forth below, effective as of June 14, 2007:

1. Section 2 of the Plan is hereby amended by inserting the following new definitions, in
alphabetical order among the existing definitions, and renumbering the subsections thereof to
reflect such insertions:

“Corporate Transaction” means a merger, consolidation, acquisition of property or
shares, stock rights offering, liquidation, disposition for consideration of the
Company’s direct or indirect ownership of an Affiliate, or another event similar to
any of the foregoing, affecting or involving the Company or any of its Affiliates.

“Share Change” means a stock dividend, stock split, reverse stock split,
reorganization, share combination, or recapitalization, or another event similar to
any of the foregoing, affecting the capital structure of the Company, or a
separation or spin-off of an Affiliate without consideration or other extraordinary
dividend of cash or other property to the Company’s shareholders.

2. Section 6.1 of the Plan is hereby amended to read in its entirety as follows:

Share and Other Adjustments. Notwithstanding any other provision of this Incentive
Plan, in the event of a Corporate Transaction, the Committee or the Board may in its
discretion make, and in the event of a Share Change, the Committee or the Board
shall make, such adjustments as it deems appropriate and equitable to the aggregate
number and kind of shares reserved for delivery pursuant to Awards under this
Incentive Plan, in the limitations set forth in this Section 5, in the number and
kind of shares subject to outstanding Awards, in the Exercise Price of outstanding
Options and Stock Appreciation Rights, and/or such other equitable substitution or
adjustments as it may determine to be appropriate; provided, that the number of
shares subject to any Award shall always be a whole number and that no adjustment
will be permissible hereunder to the extent it would cause any Qualified
Performance-Based Award to fail to qualify for the Section 162(m) Exemption. Shares
delivered under the Plan as an Award or in settlement of an Award issued or made (i)
upon the assumption, substitution, conversion or replacement of outstanding awards
under a plan or arrangement of an entity acquired in a merger or other acquisition,
or (ii) as a post-transaction grant under such a plan or arrangement of an acquired
entity, shall not reduce or be counted against the maximum number of Shares
available for delivery under the Plan, to the extent that the exemption for
transactions in connection with mergers and acquisitions from the stockholder
approval requirements of the New York Stock Exchange for equity compensation plans
applies.

3. This Third Amendment shall be effective with respect to all Awards that are outstanding on
the date hereof and all Awards that are granted after the date hereof.

4. The Plan is otherwise ratified and confirmed without amendment.exv10w19w4

 

EXHIBIT 10.19.4

FOURTH AMENDMENT TO THE

MONSANTO COMPANY LONG-TERM INCENTIVE PLAN

AS AMENDED AND RESTATED AS OF APRIL 24, 2003

     The Monsanto Company Long-Term Incentive Plan, as amended and restated as of April 24, 2003,
and again amended effective January 29, 2004, effective October 23, 2006, and effective June 14,
2007 (as so amended, the “Plan”), is hereby further amended as set forth below, effective as of
September 1, 2007:

1. Section 2.9 of the Plan is hereby amended to read in its entirety as follows:

“Change of Control” means the happening of any of the events described in subsections (a)
through (d) below:

(a) the acquisition by any Person of beneficial ownership (within the meaning of
Rule 13d-3 promulgated under the Exchange Act) of 20 percent or more of either (i) the
then-outstanding shares of common stock of the Company (the “Outstanding Company Common
Stock”) or (ii) the combined voting power of the then-outstanding voting securities of
the Company entitled to vote generally in the election of directors (the “Outstanding
Company Voting Securities”); provided, that for purposes of this subsection (a), the
following acquisitions shall not constitute a Change of Control: (A) any acquisition
directly from the Company; (B) any acquisition by the Company or a Subsidiary of the
Company; (C) any acquisition by any employee benefit plan (or related trust) sponsored
or maintained by the Company or a Subsidiary of the Company; or (D) any acquisition
pursuant to a transaction that complies with clauses (i), (ii) and (iii) of subsection
(c) of this definition;

(b) individuals who, as of the date of the initial public offering of the common
stock of the Company (the “IPO”), constitute the Board (the “Incumbent Board”), cease
for any reason to constitute at least a majority of the Board; provided, that any
individual becoming a director subsequent to the IPO whose election, or nomination for
election by the Company’s stockholders, was approved by a vote of at least a majority
of the directors then comprising the Incumbent Board shall be considered as though such
individual were a member of the Incumbent Board, but excluding, for this purpose, any
such individual whose initial assumption of office occurs as a result of an actual or
threatened election contest with respect to the election or removal of directors or
other actual or threatened solicitation of proxies or consents by or on behalf of a
Person other than the Board;

(c) consummation of a reorganization, merger, statutory share exchange,
consolidation or similar transaction involving the Company or any of its subsidiaries,
a sale or other disposition of all or substantially all of the assets of the Company or
the acquisition of assets or stock of another entity (a “Business Combination”), in
each case, unless, following such Business Combination, (i) all or substantially all of
the individuals and entities who were the beneficial owners, respectively, of the
Outstanding Company Common Stock and Outstanding Company Voting Securities immediately
prior to such Business Combination beneficially own, directly or indirectly, more than
60% of, respectively, the then-outstanding shares of common stock (or, for a
non-corporate entity, equivalent securities) and the combined voting power of the
then-outstanding voting securities entitled to vote generally in the election of
directors (or, for a non-corporate entity, equivalent governing body), as the case may
be, of the entity resulting from such Business Combination (including without
limitation an entity that as a result of such transaction owns the Company or all or
substantially all of the Company’s assets either directly or through one or more
subsidiaries) in substantially the same proportions as their ownership, immediately
prior to such Business Combination of the Outstanding Company Common Stock and
Outstanding Company Voting Securities, as the case may be, (ii) no Person (excluding
the Company, a Subsidiary of the Company, any entity resulting from a Business
Combination or any employee benefit plan (or related trust) thereof) beneficially owns,
directly or indirectly, 20 percent or more of the then-outstanding shares of common
stock of the entity resulting from such Business Combination or 20 percent or more of
the combined voting power of the then-outstanding voting securities entitled to vote
generally in the election of directors of such entity, except to the extent that such
ownership

 

 

existed prior to the Business Combination and (iii) at least a majority of the
members of the board of directors (or, for a non-corporate entity, equivalent
governing body), of the entity resulting from such Business Combination were members
of the Incumbent Board at the time of the execution of the initial agreement, or of
the action of the Board, providing for such Business Combination; or

(d) approval by the stockholders of the Company of a complete liquidation or
dissolution of the Company.

2. This fourth amendment shall be effective with respect to all awards that are outstanding on the
date hereof and all awards that are granted after the date hereof.

3. The plan is otherwise ratified and confirmed without amendment.

2exv10w20w2

 

EXHIBIT 10.20.2

SECOND AMENDMENT TO THE

MONSANTO COMPANY 2005 LONG-TERM INCENTIVE PLAN

     The Monsanto Company 2005 Long-Term Incentive Plan (the “Plan”), as amended as of October 23,
2006, is hereby further amended as set forth below, effective as of June 14, 2007:

1. Section 2 of the Plan is hereby amended by inserting the following new definitions, in
alphabetical order among the existing definitions, and renumbering the subsections thereof to
reflect such insertions:

“Corporate Transaction” means a merger, consolidation, acquisition of property or
shares, stock rights offering, liquidation, disposition for consideration of the
Company’s direct or indirect ownership of an Affiliate, or another event similar to
any of the foregoing, affecting or involving the Company or any of its Affiliates.

“Share Change” means a stock dividend, stock split, reverse stock split,
reorganization, share combination, or recapitalization, or another event similar to
any of the foregoing, affecting the capital structure of the Company, or a
separation or spin-off of an Affiliate without consideration or other extraordinary
dividend of cash or other property to the Company’s shareholders.

2. Section 5.5 of the Plan is hereby amended to read in its entirety as follows:

Share and Other Adjustments. Notwithstanding any other provision of this Incentive
Plan, in the event of a Corporate Transaction, the Committee or the Board may in its
discretion make, and in the event of a Share Change, the Committee or the Board
shall make, such adjustments as it deems appropriate and equitable to the aggregate
number and kind of shares reserved for delivery pursuant to Awards under this
Incentive Plan, in the limitations set forth in this Section 5, in the number and
kind of shares subject to outstanding Awards, in the Exercise Price of outstanding
Options and Stock Appreciation Rights, and/or such other equitable substitution or
adjustments as it may determine to be appropriate; provided, that the number of
shares subject to any Award shall always be a whole number and that no adjustment
will be permissible hereunder to the extent it would cause any Qualified
Performance-Based Award to fail to qualify for the Section 162(m) Exemption. Shares
delivered under the Plan as an Award or in settlement of an Award issued or made (i)
upon the assumption, substitution, conversion or replacement of outstanding awards
under a plan or arrangement of an entity acquired in a merger or other acquisition,
or (ii) as a post-transaction grant under such a plan or arrangement of an acquired
entity, shall not reduce or be counted against the maximum number of Shares
available for delivery under the Plan, to the extent that the exemption for
transactions in connection with mergers and acquisitions from the stockholder
approval requirements of the New York Stock Exchange for equity compensation plans
applies.

3. This Second Amendment shall be effective with respect to all Awards that are outstanding
on the date hereof and all Awards that are granted after the date hereof.

4. The Plan is otherwise ratified and confirmed without amendment.

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