Document:

Compensation Plan for Non-employee Directors

 Exhibit 10.1 
 FMC CORPORATION 
 COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS 
 (AS AMENDED THROUGH AUGUST 17, 2006) 
 PART I. - GENERAL PROVISIONS 
 1. Purpose. The purpose of the Plan is to provide a compensation program to attract and retain qualified individuals not employed by the Company or its subsidiaries or affiliates to serve on the Board and to further align the
interests of those directors with those of stockholders by providing that a substantial portion of compensation will be linked directly to increases in stockholder value. 
 2. Definitions. Except as otherwise defined herein, terms used herein in capitalized form will have the meanings attributed to them below: 
 a. “Accrued Retirement Benefits” means the payment or payments to which a Participant would be entitled at his or her Separation Date under the
Retirement Plan for service as a director through April 30, 1997. 
 b. “Actuarial Equivalent” means an amount equal to the
amount expected to be received under Section 4a of Part II, based on the following actuarial assumptions: 
  

					
	Interest	  	-	  	6.5% or such other rate as the Board may from time to time prescribe by resolution
			
	Mortality	  	-	  	Joint Mortality Group Annuity Table 1983

 c. “Annual Retainer” means the retainer fee established by the Board and paid to a
director for services on the Board for a Plan Year. 
 d. “Board” means the Board of Directors of the Company, as it may be
constituted from time to time. 
 e. A “Change in Control” of the Company will be deemed to have occurred as of the first day that
any one or more of the following conditions are satisfied: 
 (1) the “beneficial ownership” (as. defined in Rule 13d-3 under the
Exchange Act) of securities representing more than 20% of the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Company Voting Securities”) is
acquired by a “Person” as defined in Sections 13(d) and 14(d) of the Exchange Act (other than the Company, any trustee or other fiduciary holding securities under an employee benefit plan of the Company or an affiliate thereof, any
corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company); provided, however that any acquisition from the Company or any acquisition pursuant to a
transaction that complies with Subsections (i), (ii) and (iii) of Subsection (3) of this Subsection e. will not be a Change in Control under this Subsection (1); or 

 (2) individuals who, as of the date hereof, constitute the Board (the “Incumbent Board”) cease
for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the date hereof 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 will 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; or

 (3) consummation by the Company of a reorganization, merger or consolidation, or 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 immediately following such Business Combination: (i) more than 60% of the combined voting power of then
outstanding voting securities entitled to vote generally in the election of directors of (x) the corporation resulting from such Business Combination (the “Surviving Corporation”), or (y) if applicable, a corporation which 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 (the “Parent Corporation”), is represented, directly or indirectly by Company Voting
Securities outstanding immediately prior to such Business Combination (or, if applicable, is represented by shares into which such Company Voting Securities were converted pursuant to such Business Combination), and such voting power among the
holders thereof is in substantially the same proportions as their ownership, immediately prior to such Business Combination, of the Company Voting Securities, (ii) no Person (excluding any employee benefit plan (or related trust) of the Company
or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 20% or more of the combined voting power of the then outstanding voting securities eligible to elect directors of the Parent Corporation (or, if
there is no Parent Corporation, the Surviving Corporation) except to the extent that such ownership of the Company existed prior to the Business Combination and (iii) at least a majority of the members of the Board of the Parent Corporation
(or, if there is no Parent Corporation, the Surviving Corporation) 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 
 (4) approval by the stockholders of the Company of a complete liquidation or dissolution of the Company. 
 However, in no event will a Change in Control be deemed to have occurred, with respect to the Participant, if the Participant is part of a purchasing
group which consummates the Change in Control transaction. The Participant will be deemed “part of a purchasing group” for purposes of the preceding sentence if the Participant is an equity participant in the purchasing company or group
(except for: (i) passive ownership of less than 3% of the stock of the purchasing company; or (ii) ownership of equity participation in the purchasing company or group which is otherwise not significant, as determined prior to the Change
in Control by a majority of the non-employee continuing directors). 
 f. “Change in Control Price” means the higher of (i) if
applicable, the price paid for the Common Stock in the transaction constituting Change in Control and (ii) the closing price per share of Common Stock as reported in the New York Stock Exchange Composite Transactions on the last trading day
preceding the date of the Change in Control. 
 g. “Committee Chairman Fee” means the fee established by the Board and paid to a
director for service as chairman of any committee of the Board. 
 h. “Common Stock” means (i) the common stock of the
Company, par value $.10 per share, adjusted as provided in Section 4 of Part IV, or (ii) if there is a merger or consolidation and the Company is not the Surviving Corporation, the capital stock of the Surviving Corporation given in
exchange for such common stock of the Company. 
 i. “Common Stock Unit” means a right to receive one share of Common Stock.

 j. “Common Stock Unit Account” means the record keeping account where the number of Common
Stock Units granted to the Participant are recorded. 
 k. “Company” means FMC Corporation. 
 l. “Deferral Period” means the time during which a Participant is a non-employee director of the Company. 
 m. “Deferred Amount” means, with respect to each Participant, an annual amount equal to $25,000 plus such amount as the Participant elects to
defer in accordance with Section 1 of Part II of the Plan. 
 n. “Deferred Stock Plan” means the FMC Deferred Stock Plan for
Non-Employee Directors, as amended and restated as of December 6, 1996. 
 o. “Dividend Equivalent Rights” means a right,
described in Section 3 of Part III hereof, of a holder of vested Common Stock Units and Restricted Stock Units with respect to dividends paid on outstanding shares of Common Stock. 
 p. “Exchange Act” means the Securities Exchange Act of 1934, as amended and any successor statutes or regulations of similar purpose or effect.

 q. “Fair Market Value” means the closing price for a share of Common Stock as reported in the New York Stock Exchange Composite
Transactions on the date on which the Fair Market Value is to be determined. 
 r. “Meeting Fees” will mean the fees, established
by the Board, paid to a director for attending a meeting of the Board or a committee of the Board, including extraordinary or special Board and/or committee meetings. 
 s. “Participant” or “Participants” means all members of the Board who are not employees of the Company or any of its subsidiaries or affiliates. 
 t. “Plan” means the FMC Corporation Compensation Plan for Non-Employee Directors, as amended and restated effective on May 1, 2000, as may
be amended from time to time. 
 u. “Plan Year” means May 1 to April 30. 
 v. “Restricted Stock Unit” means a right to receive the Fair Market Value of one share of Common Stock on the last business day of the
Participant’s service on the Board paid in Common Stock. 
 w. “Restricted Stock Unit Account” means the record keeping
account where the number of Restricted Stock Units granted to a Participant are recorded. 
 x. “Retirement Plan” means the FMC
Directors’ Retirement Plan, as amended. 
 y. “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act. 
 z. “Separation Date” means the date a Participant’s service on the Board terminates for any reason. 

 3. Effective Date. This Plan is an amendment and restatement of the FMC Compensation Plan
for Non-Employee Directors (as amended and restated January 1, 1999). This Plan is effective as of May 1, 2000. 
 PART II. -
COMPENSATION 
 1. Annual Retainer. Each Participant will be entitled to receive an Annual Retainer in such amount as
will be determined from time to time by the Board. Until changed by resolution of the Board, the Annual Retainer will be $40,000, $25,000 of which will be paid in the form of Common Stock Units as set forth in Section 1 of Part III and the
remainder of which will be paid in cash in quarterly installments at the end of each calendar year quarter. Not less than 60 days prior to the close of any Plan Year, a Participant may elect to defer all of the Participant’s remaining Annual
Retainer of $15,000 to be paid in the form of Common Stock Units as set forth in Section 1 of Part III by providing written notice of such election to the Corporate Secretary of the Company. Any such election will be effective on the first day
of the next Plan Year; provided that if and to the extent the Company, in its sole discretion, determines that the approval of such election by the Board is necessary to assure that such election conforms with Rule 16b-3, the effectiveness of such
election will be deferred until such later date, if any, as such approval has been obtained. 
 2. Meeting Fees. Each
Participant will be entitled to receive a Meeting Fee, in such amount as will be determined from time to time by the Board, for attending each meeting of the Board or a committee of the Board, including extraordinary and/or special Board and
committee meetings. Until changed by resolution of the Board, the Meeting Fee will be $1,000 per meeting, payable in cash at the end of each calendar year quarter. 
 3. Committee Chairman Fees. Each Participant who serves as chairman of a committee of the Board will be entitled to receive a Committee Chairman Fee in such amount as will be determined from time to time
by the Board, for the tenure of such service. Until changed by resolution of the Board, the Committee Chairman Fee will be paid in cash at an annualized rate of $4,000 in equal installments at the end of each calendar year quarter. 
 4. Retirement Benefits. Unless a Participant who was a non-employee Director on December 31, 1996 elected to and did convert his or
her Accrued Retirement Benefits to Common Stock Units calculated as of April 30, 1997 under the Retirement Plan, that Participant will be entitled to receive the following benefits upon his or her Separation Date: 
 a. Benefits. Benefits will be paid to the Participant in quarterly installments of $7,500 each. Payment of benefits will begin the quarter
following the Separation Date and will continue for the number of full years following a Participant’s service as a non-employee member of the Board from the time of his or her first election as a director to and including April 30, 1997.

 b. Lump Sum Benefit. A Participant may elect to receive in a lump sum the Actuarial Equivalent of benefits otherwise payable
upon written notice to the Corporate Secretary of the Company. 
 c. Surviving Spouse Benefit. In the event of the death of a
Participant who is receiving benefits as described above under this Plan, those benefits that would otherwise have been payable to the Participant will be paid to the Participant’s surviving spouse. Such payments to a surviving spouse will
terminate on the earlier of the death of the surviving spouse or the date that benefit payments to the Participant would have terminated had Participant not died. 

 PART III.- STOCK COMPENSATION 
 5. Common Stock Units  
 a.
Annual Deferral. Effective as of May 1 of each Plan Year, each Participant’s Common Stock Unit Account will be credited with a number of Common Stock Units equal to the number obtained by dividing $25,000 plus, the portion of
the Participant’s remaining Annual Retainer of $15,000 that the Participant elected to defer in accordance with Section 2 of Part II for the Plan Year beginning on such May 1, by the Fair Market Value of the Common Stock on such
May 1. 
 b. Conversion of Retirement Plan Benefits. By election dated not later than February 14, 1997, each person
who was a non-employee director of the Company on December 31, 1996 was eligible to choose to have his or her Accrued Retirement Benefits under the Retirement Plan converted into Common Stock Units. Such conversions were made by calculating as
of April 30, 1997 the lump-sum present value of $2,500 per month times the number of months of Board service as of April 30, 1997, assuming benefits commence upon retirement from the Board at age 70, and using a discount rate of 6.5%. The
number of Common Stock Units were determined by dividing the lump sum present value by $71.275, the Fair Market Value of the Common Stock on December 31, 1996. 
 6. Restricted Stock Units. 
 a. Annual Grant. Effective May 1, 2000, on
May 1 of each year (the “Grant Date”), each Participant will be granted Restricted Stock Units, the intention being that such Restricted Stock Units should have an approximate present value as of the Grant Date of an amount
established annually by the Board. Until changed by resolution of the Board, the annual grant will be 800 Restricted Stock Units. 
 b.
Vesting. Restricted Stock Units will vest on the date of the annual stockholder’s meeting next following the Grant Date. Except as provided in the next sentence, if a Participant has a Separation Date prior to the date his or her
Restricted Stock Units vest, such Restricted Stock Units will be forfeited and all further rights of the Participant to or with respect to such Restricted Stock Units will terminate. If a Participant should die while serving as a director of the
Company, any vested Restricted Stock Units will be payable to the person designated in such Participant’s last will and testament or, in the absence of such designation, to the Participant’s estate. Any unvested Restricted Stock Units will
vest and become payable in a proportionate amount, based on the full months of service completed during the vesting period from the Grant Date to the date of death. Any Restricted Stock Units not vested under the foregoing provisions, will vest and
become immediately payable upon a Change in Control. 
 7. Dividend Equivalent Rights. In the event that dividends are paid on
outstanding shares of Common Stock, Common Stock Units and vested Restricted Stock Units will be credited with Dividend Equivalent Rights. Dividend Equivalent Rights for Common Stock Units will based upon any dividends paid between the date Common
Stock Units are granted and the date of payment in respect of such Common Stock Units. Dividend Equivalent Rights for Restricted Stock Units will be based upon any dividends paid between the date such Restricted Stock Units vest and the date of
payment in respect of such Restricted Stock Units. Such Dividend Equivalent Rights, once credited, will be converted into an equivalent number of Common Stock Units or Restricted Stock Units, as applicable (including fractional Common Stock Units or
Restricted Stock Units, as applicable). If a dividend is paid in cash, each Participant’s Common Stock Unit Account and Restricted Stock Account will be credited, as of each dividend payment date, in accordance with the following formula:

 (A x B)/C 
 in which “A” equals the
number of Common Stock Units or Restricted Stock Units, as applicable, held by the Participant on the dividend payment date, “B” equals the cash dividend per share and “C” equals the Fair Market Value per share of Common Stock on
the dividend payment date. If a dividend is paid in property other than cash, Dividend Equivalent Rights will be credited, as of the dividend payment date, in accordance with the formula set forth above, except that “B” will equal the fair
market value per share of the property which the Participant would have received in respect of the number of shares of Common Stock equal to the number of Common Stock Units and Restricted Stock Units held by the Participant as of the dividend
payment date, had such shares been owned as of the record date for such dividend. 

 8. Form of Payment. 
 a. Except as described in Subsection b. and in Section 4 of Part IV, payments with respect to Common Stock Units and Restricted Stock Units will be
made in shares of Common Stock all issued to the Participant on or after the Participant’s Separation Date. Common Stock Units and Restricted Stock Units will be valued using the Fair Market Value of Common Stock on the last business day of the
Participant’s service on the Board. The Company will not issue fractions of shares. Whenever, under the terms of the Plan, a fractional share would otherwise be required to be issued, the Participant (or his or her beneficiary) will be paid at
Fair Market Value for such fractional share by rounding down the number of shares received to the nearest whole number and paying in cash the value of the fractional share. 
 b. Any payment made upon an occurrence of a Change in Control will be made in a single lump sum cash payment. For purposes of the preceding, the amount
of cash delivered in full or partial payment of Common Stock Units and Restricted Stock Units will equal the Change in Control Price of the number of shares of Common Stock relating to the Common Stock Units and Restricted Stock Units with respect
to which such cash payment is being made. 
 9. Rights. Except to the extent otherwise set forth herein, Participants will not
have any of the rights of a stockholder with respect to Common Stock Units or Restricted Stock Units. 
 10. Payments of Stock Upon
Death. In the event of a Participant’s death, payments with respect to any Common Stock Units or vested Restricted Stock Units will be made in Common Stock to the beneficiary designated by the Participant or, in the absence of an
executed beneficiary form, to the person legally entitled thereto, as designated under his or her will, or to such heirs as determined under the laws of intestacy for the jurisdiction of his or her domicile. 
 11. Non-Qualified Stock Options. 
 a. Grant of Options. For periods beginning prior to May 1, 2000, on May 1 of each year, each Participant was granted an option (the “Option”) to purchase 1,500 shares of Common Stock. For periods beginning
on May 1, 2000, such annual grant will no longer be made, but the Board retains the right to grant Options to Participants in its sole discretion. All Options granted under the Plan will have the terms set forth in this Section 7 of Part
III and be non-statutory options not entitled to special tax treatment under Section 422 of the Internal Revenue Code of 1986, as amended. 
 b. Option Exercise Price. The per share price to be paid by each Participant at the time an Option is exercised will be 100% of the Fair Market Value of the Common Stock on the date of the grant of the Option. 
 c. Term of Option. Subject to Subsection d., each Option will expire on the earlier of the (i) 10th anniversary of the date of grant or (ii) 5th anniversary of the Participant’s Separation Date. 
 d. Exercise and Vesting of
Option. Each Option will vest on the date of the annual stockholder’s meeting next following the date of grant. Except as provided in the next sentence, if a Participant has a Separation Date prior to the date an Option vests, such
Option will be forfeited and all further rights of the Participant to or with respect to such Option will terminate. If a Participant should die while serving as a director of the Company, any vested Option may be exercised by the person designated
in such Participant’s last will and testament or, in the absence of such designation, by the Participant’s estate, in either case on or before the expiration of the Option, and any unvested Option will vest and become exercisable in a
proportionate amount, based on the full months of service completed during the vesting period of the Option from the date of grant to the date of death. Each Option that has not vested under the foregoing provisions will vest and become immediately
exercisable upon a Change in Control. 

 e. Method of Exercise and Tax Obligations. An Option may be exercised at any time after it
vests and before it expires by written notice of exercise to the Corporate Secretary of the Company. Each notice of exercise will be accompanied by the full purchase price of the shares being purchased. Such payment may be made, at the election of
the Participant, in cash, check or shares of Common Stock, or in Common Stock Units, valued using the Fair Market Value as of the exercise date or a combination thereof. The Company may also require payment of the amount of any applicable
withholding tax attributable to the exercise of an Option or the delivery of shares of Common Stock. 
 f. Non-Transferability.
Except as provided below, Options will not be transferable other than by will or the laws of descent and distribution, will not be subject to execution, attachment or similar process and may be exercised or otherwise realized during the
Participant’s lifetime only by the Participant or the Participant’s guardian or legal representative, or as otherwise determined in the discretion of the Board. 
 Beginning September 1, 1999, an Option agreement may permit, or may be amended to permit, under such terms as the Board may, in its discretion prescribe, the Participant who received the Option, at any time prior
to the Participant’s death and prior to the Participant’s Separation Date, to assign all or any portion of the vested Option granted to him or her to: (i) the Participant’s spouse or lineal descendants; (ii) the trustee of a
trust for the primary benefit of the Participant, the participant’s spouse or lineal descendants, or any combination thereof; (iii) a partnership of which the Participant, the Participant’s spouse and/or lineal descendants are the
only partners; (iv) custodianships under the Uniform Transfers of Minors Act or any other similar statute; or (v) upon the termination of a trust by the custodian or trustee thereof, or the dissolution or other termination of the family
partnership or the termination of a custodianship under the Uniform Transfers to Minors Act or other similar statute, to the person or persons who, in accordance with the terms of such trust, partnership of custodian are entitled to receive Options
held in trust, partnership or custody. In such event, the spouse, lineal descendant, trustee, partnership or custodianship will be entitled to all of the Participant’s rights with respect to the assigned portion of such Option, and such portion
of the Option will continue to be subject to all of the terms, conditions and restrictions applicable to the Option, as set forth herein and in the related Option agreement. Any such assignment will be permitted only if (x) the Participant does
not receive any consideration therefor; and (y) the assignment is expressly permitted by the applicable Option agreement and any amendment thereto as approved by the Board. The Board’s approval of an Option agreement with assignment rights
or amendment of an Option agreement to allow for assignment rights for any one Participant will not require the Board to include such assignment rights in an Option agreement or any amendment thereto with any other Participant. Any such assignment
will be evidenced by an appropriate written document executed by the Participant, and the Participant will deliver a copy thereto to the Board on or prior to the effective date of the assignment. An assignee or transferee of an Option must sign an
agreement with the Company to be bound by the terms of the applicable Option agreement. 
 PART IV. - ADDITIONAL PROVISIONS

 12. Administration. The Board administers the Plan. The Board may act by vote of a majority of the members present
at a meeting, or without a meeting by written consent of the majority of the members to the action taken. The Board has full power to interpret the Plan, formulate additional details and regulations for carrying out the Plan and amend or terminate
the Plan as from time to time it deems proper and in the best interest of the Company. Any decision or interpretation of the Board is final and conclusive. 
 13. Statement of Account. Each Participant will receive an annual statement showing the number and status of and essential terms applicable to Common Stock Units, Options and Restricted Stock Units that
have been awarded to the Participant under the Plan. 
 14. Unsegregated Funds. The Company will not segregate any funds or
securities during the Deferral Period and service as a non-employee Director of the Company is the Participant’s acknowledgment and agreement that any interests of the Participant remain a part of the Company’s general funds and are
subject to the claims of the Company’s general creditors during the Deferral Period. Nothing in this Plan will be construed as creating any trust, express or implied, for the benefit of any Participant. 

 15. Change in Capital Structure. In the event of a stock dividend, stock split, combination
of shares, exchange of shares, warrants or rights offering to purchase Common Stock at a price below its fair market value, reclassification, recapitalization, merger, consolidation, separation or other change in capitalization, spin-off,
extraordinary dividend or distribution, reorganization (whether or not such reorganization comes within the definition of such term in Section 368 of the Code), partial or complete liquidation of the Company or other similar event or
transaction, the Board shall make such equitable substitutions or adjustments in the number, kind, and price of shares, or the identity of the issuer of shares, issuable under the Plan or subject to outstanding Common Stock Units, Options or
Restricted Stock Units granted under the Plan, as the Board determines to be necessary or appropriate to fulfill the purposes for which the Plan was adopted and such awards were granted; provided, however, that no such substitution or adjustment
will be made if such substitution or adjustment would give rise to any tax under Section 409A of the Code. Any substitutions and adjustments made pursuant to this Section will be binding and conclusive on all persons. 
 16. Common Stock Subject to the Plan. Common Stock to be issued under this Plan may be made available from shares of Common Stock held in
the treasury, from Common Stock purchased in the open market and, provided they have been reserved for issuance and listed on the New York Stock Exchange and all other exchanges on which the Common Stock are listed, as appropriate, from authorized
but unissued Common Stock. 
 17. Payment of Certain Costs of the Participant. If a dispute arises regarding the interpretation
or enforcement of this Plan and the Participant (or in the event of his or her death, his beneficiary) obtains a final judgment in his or her favor from a court of competent jurisdiction from which no appeal may be taken, whether because the time to
do so has expired or otherwise, or his or her claim is settled by the Company prior to the rendering of such a judgment, all reasonable legal and other professional fees and expenses incurred by the Participant in contesting or disputing any such
claim or in seeking to obtain or enforce any right or benefit provided for in this Plan or in otherwise pursuing his or her claim will be promptly paid by the Company with interest thereon at the highest Illinois statutory rate for interest on
judgments against private parties from the date of payment thereof by the Participant to the date of reimbursement by the Company. 
 18.
Reservation of Rights. Nothing in this Plan will be construed to (a) give any Participant any right to defer compensation received for services as a director of the Company other than as expressly authorized and permitted in this
Plan or in any other plan or arrangement approved by the Board, (b) create any obligation on the part of the Board to nominate any Participant for reelection by the Company’s stockholders or (c) limit in any way the right of the Board
to remove a Participant as a director of the Company. 
 19. Amendment or Termination. The Board may, at any time by
resolution, terminate or amend this Plan provided that no such termination or amendment will adversely affect the rights of Participants or beneficiaries of Participants, including rights with respect to cash, Common Stock Units, Options or
Restricted Stock Units granted prior to such termination or amendment, without the consent of the Participant or, if applicable, the Participant’s beneficiaries. 
 20. Regulatory Compliance and Listing. The issuance or delivery of any shares of Common Stock deliverable under this Plan may be postponed by the Company for such period as may be required to comply with
any applicable requirements under the federal securities laws, any applicable listing requirements of any national securities exchange and requirements under any other law or regulation applicable to the issuance or delivery of such shares, and the
Company will not be obligated to issue or deliver any such shares if the issuance or delivery of such shares will constitute a violation of any provision of any law or of any regulation of any governmental authority or any national securities
exchange. 
 21. Withholding. The Company will have the right to deduct or withhold from all payments of compensation any taxes
required by law to be withheld with respect to such payments. 
 22. Pooling of Interests. Notwithstanding any other provision
of the Plan to the contrary, in the event that the consummation of a Change in Control is contingent on using pooling of interests accounting methodology, the Board may take any action necessary to preserve the use of pooling of interest accounting.

 23. Change in Law. If, for any reason, the anticipated benefits of the deferral of any Deferred Amount pursuant to this Plan
or any provision hereof are frustrated by reason of any interpretation of or change in law, policy or regulation, the Board may, in its discretion, terminate the deferral arrangement or delete or suspend the operation of such provision. 

24. Governing Law. This Plan will be governed by the laws of the State of Illinois without regard to its choice of law or conflict of
law provisions. 

 FMC CORPORATION 
 COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS 
 CHANGES IN COMPENSATION 
 The Nominating and Corporate Governance Committee approved the following changes to the structure of Director Compensation to become effective
May 1, 2003. 
  

									
	 Compensation Elements
	  	Current	  	New	  	 Comments

	Annual Retainer Fee	  	$	40,000	  	 	No Change	  	Cash and equity proportions remain unchanged
	Board Meeting Fees	  	$	1,000	  	$	1,500	  	
	Committee Meeting Fees	  	$	1,000	  	$	1,500	  	
	Chairman Retainer	  	$	4,000	  	$	7,000	  	Audit Committee Chairman Retainer $9,000
	Annual Equity Grant	  			  	 	No Change	  	Restricted Stock Units
	Audit Committee Retainer	  	$	0	  	$	3,000	  	Audit Committee Members also receive $3,000 retainerIncentive Compensation and Stock Plan

 Exhibit 10.2 
 FMC CORPORATION 
 INCENTIVE COMPENSATION AND STOCK PLAN 
 (As Amended Through August 17, 2006) 
 HISTORY AND PURPOSE 
 History. In 1995 the Company’s stockholders approved the adoption of the FMC 1995 Stock
Option Plan and the FMC 1995 Management Incentive Plan with 3,000,000 shares of Common Stock available for issuance under the two plans combined. Effective as of February 16, 2001, the Board merged the FMC 1995 Management Incentive Plan
with and into the FMC 1995 Stock Option Plan, and the FMC 1995 Stock Option Plan was restated as provided herein, and renamed the FMC Corporation Incentive Compensation and Stock Plan. Also effective as of February 16, 2001, the Board approved
an addition to the authorization of shares available for issuance under the Plan of 800,000 shares of Common Stock, making the total shares available for issuance under the Plan 3,800,000 as of that date. 
 In 2000, the Committee adopted the FMC Corporation Stock Appreciation Rights and Phantom Stock Plan to provide equity-based cash compensation to foreign
employees in an effort to reduce the foreign income taxes that would otherwise be payable by such foreign employees if they received traditional grants under the Plan. The FMC Corporation Stock Appreciation Rights and Phantom Stock Plan was merged
with and into the Plan effective as of February 16, 2001. 
 In June 2001, the Company distributed substantially all of the net assets
relative to its machinery business into a separate company. FMC Technologies, Inc. (“Technologies”). Seventeen percent of FMC’s ownership in Technologies was sold to the public in June 2001, and the remainder was distributed to FMC
shareholders on December 31, 2001 (the “Spin-off”). As a result of the Spin-off, each unit of FMC Common Stock was adjusted by a factor of 1.9064045. Therefore, effective as of December 31, 2001, the total number of shares
available for issuance under the Plan was adjusted to 7,244,377, in accordance with Section 4.1 of the Plan. Similarly, the Option Price per share of Common Stock under Stock Options outstanding under the Plan as of December 31, 2001 was
adjusted by a factor of .5245476. Further amendments were approved on February 23, 2006. The Plan was restated as of February 23, 2006, as provided herein, to reflect the foregoing changes. 
 Purpose. The purpose of the Plan is to give the Company a competitive advantage in attracting, retaining and motivating officers,
employees, directors and consultants of the Company and its Affiliates. 
 DEFINITIONS 
 General. For purposes of the Plan, the following terms are defined as set forth below: 
  

	 	B.	“Affiliate” means a corporation or other entity controlled by, controlling or under common control with the Company, including, without limitation any
corporation, partnership, joint venture or other entity during any period in which at least a fifty percent (50%) voting or profits interest is owned, directly or indirectly, by the Company or any successor to the Company.

	 	C.	“Award” means a Management Incentive Award, Stock Option, Stock Appreciation Right, Performance Unit, Restricted Stock or other award authorized under the
Plan. 

  

	 	D.	“Award Cycle” means a period of consecutive fiscal years or portions thereof designated by the Committee over which Awards are to be earned.

  

	 	E.	“Board” means the Board of Directors of the Company. 

  

	 	F.	“Business Unit” means a unit of the business of the Company or its Affiliates as determined by the Committee and the CEO. 

  

	 	G.	“Capital Employed” means operating working capital plus net property, plant and equipment. 

  

	 	H.	“Cause” means (1) “Cause” as defined in any Individual Agreement to which the participant is a party, or (2) if there is no such
Individual Agreement, or, if it does not define “Cause”: (A) the participant having been convicted of, or pleading guilty or nolo contendere to, a felony under federal or state law; (B) the Willful and continued failure on the
part of the participant to substantially perform his or her employment duties in any material respect (other than such failure resulting from Disability), after a written demand for substantial performance is delivered to the participant that
specifically identifies the manner in which the Company believes the participant has failed to perform his or her duties, and after the participant has failed to resume substantial performance of his or her duties within thirty (30) days of
such demand; or (C) Willful and deliberate conduct on the part of the participant that is materially injurious to the Company or an Affiliate; or (D) prior to a Change in Control, such other events as will be determined by the Committee.
The Committee will, unless otherwise provided in an Individual Agreement with the participant, determine whether “Cause” exists. 

  

	 	I.	“CEO” means the Company’s chief executive officer. 

  

	 	J.	“Change in Control” and “Change in Control Price” have the meanings set forth in Sections 14.2 and 14.3, respectively.

  

	 	K.	“Code” means the Internal Revenue Code of 1986, as amended from time to time, and any successor thereto. 

  

	 	L.	“Committee” means the Compensation and Organization Committee of the Board, or such other committee as the Board may from time to time designate.

  

	 	M.	“Common Stock” means (1) the common stock of the Company, par value $.10 per share, subject to adjustment as provided in Section 4.1 Shares
Available for Issuance; or (2) if there is a merger or consolidation and the Company is not the surviving corporation, the capital stock of the surviving corporation given in exchange for such common stock of the Company.

  

	 	N.	“Company” means FMC Corporation, a Delaware corporation. 

  

	 	O.	“Covered Employee” means a participant who has received a Management Incentive Award, Restricted Stock or Performance Units, who has been designated as such
by the Committee and who is or may be a “covered employee” within the meaning of Section 162(m)(3) of the Code in the year in which the Management Incentive Award, Restricted Stock or Performance Units are expected to be taxable to
such participant. 

	 	P.	“Disability” means, unless otherwise provided by the Committee, (1) “Disability” as defined in any individual agreement to which the
participant is a party, or (2) if there is no such individual agreement, or, if such agreement does not define “Disability,” then “Disability” shall be determined in accordance with the Company’s long-term disability
plan. 

  

	 	Q.	“Dividend Equivalent Rights” means the right to receive cash, Stock Options, Stock Appreciation Rights or Performance Units, as determined by the Committee,
in an amount equal to any dividends that would have been paid on a Stock Option, Stock Appreciation Right or a Performance Unit, as applicable, with Dividend Equivalent Rights if such Stock Option, Stock Appreciation Right or Performance Unit, as
applicable, was a share of Common Stock held by the participant on the dividend payment date. Unless the Committee determines that Dividend Equivalent Rights will be paid in cash as of the dividend payment date, such Dividend Equivalent Rights, once
credited, will be converted into an equivalent number of Stock Options, Stock Appreciation Rights or Performance Units, as applicable; provided, however, that the number of shares subject to any Award will always be a whole number. Unless otherwise
determined by the Committee as of the dividend payment date, if a dividend is paid in cash, the number of Stock Options, Stock Appreciation Rights or Performance Units into which a Dividend Equivalent Right will be converted will be calculated as of
the dividend payment date, in accordance with the following formula: 

 (A x B)/C 
 in which “A” equals the number of Stock Options, Stock Appreciation Rights or Performance Units with Dividend Equivalent Rights held by the
participant on the dividend payment date, “B” equals the cash dividend per share and “C” equals the Fair Market Value per share of Common Stock on the dividend payment date. Unless otherwise determined by the Committee as of the
dividend payment date, if a dividend is paid in property other than cash, the number of Stock Options, Stock Appreciation Rights or Performance Units, as applicable into which a Dividend Equivalent Right will be converted will be calculated, as of
the dividend payment date, in accordance with the formula set forth above, except that “B” will equal the fair market value per share of the property which the participant would have received if the Stock Option, Stock Appreciation Right
or Performance Unit, as applicable, with Dividend Equivalent Rights held by the participant on the dividend payment date was a share of Common Stock. 
  

	 	R.	“Effective Date” means February 16, 2001, the date the Plan was adopted by the Board. The Board’s adoption of the increase of 800,000 shares (later
adjusted to be an additional 1,525,123 shares as a result of the Spin-off) of Common Stock reserved for issuance under the Plan is also effective as of February 16, 2001. 

  

	 	S.	 “Eligible Individuals” means officers, employees, directors and consultants of the Company or any of its Affiliates, and prospective
employees, directors and consultants 

 
who have accepted offers of employment, membership on a board or consultancy from the Company or its Affiliates, who are or will be responsible for or
contribute to the management, growth or profitability of the business of the Company or its Affiliates, as determined by the Committee. 
  

	 	T.	“Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and any successor thereto. 

  

	 	U.	“Expiration Date” means the date on which an Award becomes unexercisable and/or not payable by reason of lapse of time or otherwise as provided in
Section 6.2 Expiration Date. 

  

	 	V.	“Fair Market Value” means, except as otherwise provided by the Committee, as of any given date, the closing price for the shares on the New York Stock
Exchange for the specified date (as of 4:00 p.m. Eastern Standard Time or Eastern Daylight Savings Time, whichever is then in effect), or, if the shares were not traded on the New York Stock Exchange on such date, then on the next preceding date on
which the shares were traded, all as reported by such source as the Committee may select. 

  

	 	W.	“Grant Date” means the date designated by the Committee as the date of grant of an Award. 

  

	 	X.	“Incentive Stock Option” means any Stock Option designated as, and qualified as, an “incentive stock option” within the meaning of Section 422
of the Code. 

  

	 	Y.	“Individual Agreement” means a severance, employment, consulting or similar agreement between a participant and the Company or one of its Affiliates.

  

	 	Z.	“Management Incentive Award” means an Award of cash, Common Stock, Restricted Stock or a combination of cash, Common Stock and Restricted Stock, as
determined by the Committee. 

  

	 	AA.	“Net Contribution” means for a Business Unit, its operating profit after-tax, less the product of (1) a percentage as determined by the Committee; and
(2) the Business Unit’s Capital Employed. 

  

	 	BB.	“Nonqualified Stock Option” means any Stock Option that is not an Incentive Stock Option. 

  

	 	CC.	“Notice” means the written evidence of an Award granted under the Plan in such form as the Committee will from time to time determine.

  

	 	DD.	“Performance Goals” means the performance goals established by the Committee in connection with the grant of Management Incentive Awards, Restricted Stock or
Performance Units as set forth in the Notice. In the case of Qualified Performance-Based Awards, Performance Goals will be set by the Committee within the time period prescribed by Section 162(m) of the Code and related regulations, and will be
based on Net Contribution, or such other performance criteria selected by the Committee, including, without limitation, the Fair Market Value of the Common Stock, the Company’s or a Business Unit’s market share, sales, earnings, costs,
productivity, return on equity or return on Capital Employed. 

	 	EE.	“Performance Units” means an Award granted under Section 12 Performance Units. 

  

	 	FF.	“Plan” means the FMC Corporation Incentive Compensation and Stock Plan, as set forth herein and as hereinafter amended from time to time.

  

	 	GG.	“Qualified Performance-Based Award” means a Management Incentive Award, an Award of Restricted Stock or an Award of Performance Units designated as such by
the Committee, based upon a determination that (1) the recipient is or may be a Covered Employee; and (2) the Committee wishes such Award to qualify for the Section 162(m) Exemption. 

  

	 	HH.	“Restricted Stock” means an Award granted under Section 11 Restricted Stock. 

  

	 	II.	“Section 162(m) Exemption” means the exemption from the limitation on deductibility imposed by Section 162(m) of the Code that is set forth in
Section 162(m)(4)(C) of the Code. 

  

	 	JJ.	“Stock Appreciation Right” means an Award granted under Section 10 Stock Appreciation Rights. 

  

	 	KK.	“Stock Option” means an Award granted under Section 9 Stock Options. 

  

	 	LL.	“Termination of Employment” means the termination of the participant’s employment with, or performance of services for, the Company and any of its
Affiliates. Temporary absences from employment because of illness, vacation or leave of absence and transfers among the Company and its Affiliates will not be considered Terminations of Employment. 

  

	 	MM.	“Vesting Date” means the date on which an Award becomes vested, and, if applicable, fully exercisable and/or payable by or to the participant as provided in
Section 6.3 Vesting. 

  

	 	NN.	“Willful” means any action or omission by the participant that was not in good faith and without a reasonable belief that the action or omission was in the
best interests of the Company or its Affiliates. Any act or omission based upon authority given pursuant to a duly adopted resolution of the Board, or, upon the instructions of the CEO or any other senior officer of the Company, or, based upon the
advice of counsel for the Company will be conclusively presumed to be taken or omitted by the participant in good faith and in the best interests of the Company and/or its Affiliates. 

 Other Definitions. In addition, certain other terms used herein have definitions given to them in the first place in which they are used.

 ADMINISTRATION 
 Committee Administration. The Committee is the administrator of the Plan. Among other things, the Committee has the authority, subject to the terms of the Plan: 
  

	 	OO.	To select the E ligible Individuals to whom Awards are granted; 

  

	 	PP.	To determine whether and to what extent Awards are granted; 

	 	QQ.	To determine the amount of each Award; 

  

	 	RR.	To determine the terms and conditions of any Award, including, but not limited to, the option price, any vesting condition, restriction or limitation regarding any Award and the
shares of Common Stock relating thereto, based on such factors as the Committee will determine; 

  

	 	SS.	To modify, amend or adjust the terms and conditions of any Award, at any time or from time to time; 

  

	 	TT.	To determine to what extent and under what circumstances Common Stock and other amounts payable with respect to an Award will be deferred; and 

  

	 	UU.	To determine under what circumstances an Award may be settled in cash or Common Stock or a combination of cash and Common Stock. 

 The Committee has the authority to adopt, alter and repeal administrative rules, guidelines and practices governing the Plan, to interpret the terms and
provisions of the Plan, any Award, any Notice and any other agreement relating to any Award and to take any action it deems appropriate for the administration of the Plan. 
 Committee Action. The Committee may act only by a majority of its members then in office unless it allocates or delegates its authority to
a Committee member or other person to act on its behalf. Except to the extent prohibited by applicable law or applicable rules of a stock exchange, the Committee may allocate all or any portion of its responsibilities and powers to any one or more
of its members and may delegate all or any part of its responsibilities and powers to any other person or persons. Any such allocation or delegation may be revoked by the Committee at any time. 
 Any determination made by the Committee or its delegate with respect to any Award will be made in the sole discretion of the Committee or such delegate.
All decisions of the Committee or its delegate are final, conclusive and binding on all parties. 
 Board Authority. Any
authority granted to the Committee may also be exercised by the full Board. To the extent that any permitted action taken by the Board conflicts with action taken by the Committee, the Board action will control. 
 SHARES 
 Shares
Available For Issuance. The maximum number of shares of Common Stock that may be delivered to participants and their beneficiaries under the Plan will be 7,244,337. Shares subject to an Award under the Plan may be authorized and unissued
shares or may be treasury shares. 
 The maximum number of shares of Common Stock that may be subject to Management Incentive Awards,
Restricted Stock and Performance Units is 1,755,062 shares of Common Stock. [Note that this number includes 455,062 shares subject to Management Incentive Awards, Restricted Stock and Performance Units awarded prior to February 23, 2006, as
well as 1,300,000 shares that are available for future grant as Management Incentive Awards, Restricted Stock and Performance Units awarded on or after February 23, 2006.] 

 No Award will be counted against the shares available for delivery under the Plan if the Award is payable
to the participant only in the form of cash, or if the Award is paid to the participant in cash. 
 To the extent any Award is forfeited, any
Stock Option (or Stock Appreciation Right) terminates, expires or lapses without being exercised or any Stock Appreciation Right is exercised for cash, the shares of Common Stock subject to such Award will again become available for delivery in
connection with new Awards under the Plan. To the extent any shares of Common Stock subject to an Award are tendered back prior to April 20, 2011 (or, if later, the 10th anniversary of the latest re-approval of this clause by the Company’s stockholders) or not delivered because such shares are (in either case) used to
satisfy an applicable tax-withholding obligation, such shares will again become available for delivery in connection with new Awards under the Plan. 
 In the event of a stock dividend, stock split, merger, consolidation, separation or other change in capitalization, spin-off, extraordinary dividend or distribution, reorganization (whether or not such reorganization
comes within the definition of such term in Section 368 of the Code), reclassification, recapitalization, partial or complete liquidation of the Company or other similar event or transaction, the Committee shall make such equitable
substitutions or adjustments in the number, kind, and price of shares, or the identity of the issuer of shares, reserved for issuance under the Plan or subject to outstanding Awards granted under the Plan, and the maximum limitation upon any Awards
to be granted to any participant, as the Committee determines to be necessary or appropriate to fulfill the purposes for which the Plan was adopted and the Awards were granted; provided, however, that no such substitution or adjustment will be made
if such substitution or adjustment would give rise to any tax under Section 409A of the Code; and provided further, that the number of shares subject to any Award will always be a whole number. Any such adjusted price will be used to determine
the amount payable in cash or shares, as applicable, by the Company upon the exercise of any Award. [Note that as a result of the Spin-off, for any Stock Options granted on or before December 31, 2001, the Option Prices for such Stock Options
have been adjusted by a factor of .5245476 pursuant to this Section 4.1.] 
 Individual Limits. No participant may be
granted Stock Options and Stock Appreciation Rights covering in excess of 500,000 shares of Common Stock in any calendar year, provided, however that his prohibition shall not apply to the extent Common Stock subject to a Stock Option granted prior
to December 31, 2001, when adjusted as a result of the Spin-off, exceeded 500,000 shares for an individual participant in a calendar year. The maximum aggregate amount with respect to each Management Incentive Award, Award of Performance Units
or Award of Restricted Stock that may be granted, or, that may vest, as applicable, in any calendar year for any individual participant is 500,000 shares of Common Stock, or the dollar equivalent of 500,000 shares of Common Stock, provided, however
that this prohibition shall not apply to awards granted prior to December 31, 2001, to the extent that when adjusted as a result of the Spin-off, the limits in this sentence are exceeded. 
 ELIGIBILITY 
 Awards may be
granted under the Plan to Eligible Individuals. Incentive Stock Options may be granted only to employees of the Company and its subsidiaries or parent corporation (within the meaning of Section 424(f) of the Code). 
 TERMS AND CONDITIONS OF AWARDS 
 General. Awards will be in the form and upon the terms and conditions as determined by the Committee, subject to the terms of the Plan. The Committee is authorized to grant Awards independent 

 
of, or in addition to other Awards granted under the Plan. The terms and conditions of each Award may vary from other Awards. Awards will be evidenced by
Notices, the terms and conditions of which will be consistent with the terms of the Plan and will apply only to such Award. 
 Expiration Date. Unless otherwise provided in the Notice, the Expiration Date of an Award will be the earlier of the date that is ten (10) years after the Grant Date or the date of the participant’s Termination of
Employment. 
 Vesting. Each Award vests and becomes fully payable, exercisable and/or released of any restriction on the
Vesting Date. The Vesting Date of each Award, as determined by the Committee, will be set forth in the Notice. 
 QUALIFIED
PERFORMANCE-BASED AWARDS 
 The Committee may designate a Management Incentive Award, or an Award of Restricted Stock or an Award of
Performance Units as a Qualified Performance-Based Award, in which case, the Award is contingent upon the attainment of Performance Goals. 
 MANAGEMENT INCENTIVE AWARDS 
 Management Incentive Awards. The Committee is authorized to grant
Management Incentive Awards, subject to the terms of the Plan. Notices for Management Incentive Awards will indicate the Award Cycle, any applicable Performance Goals, any applicable designation of the Award as a Qualified Performance-Based Award
and the form of payment of the Award. 
 Settlement. As soon as practicable after the later of the Vesting Date and the date
any applicable Performance Goals are satisfied, Management Incentive Awards will be paid to the participant in cash, Common Stock, Restricted Stock or a combination of cash, Common Stock and Restricted Stock, as determined by the Committee. The
number of shares of Common Stock payable under the stock portion of a Management Incentive Award will equal the amount of such portion of the award divided by the Fair Market Value of the Common Stock on the date of payment. 
 STOCK OPTIONS 
 Stock
Options. The Committee is authorized to grant Stock Options, including both Incentive Stock Options and Nonqualified Stock Options, subject to the terms of the Plan. Notices will indicate whether the Stock Option is intended to be an
Incentive Stock Option or a Nonqualified Stock Option, the option price, the term and the number of shares to which it pertains. To the extent that any Stock Option is not designated as an Incentive Stock Option, or, even if so designated does not
qualify as an Incentive Stock Option on or subsequent to its Grant Date, it will constitute a Nonqualified Stock Option. No Incentive Stock Option will be granted hereunder on or after the 10th anniversary of the date of stockholder approval of the Plan (or, if the stockholders approve an amendment that increases the number of shares subject to the
Plan, the 10th anniversary of the date of such approval); provided, however, that Incentive Stock
Options granted prior to such 10th anniversary may extend beyond that date. 
 Option Price. The option price per share of Common Stock purchasable under a Stock Option will be determined by the Committee and will not
be less than the Fair Market Value of the Common Stock subject to the Stock Option on the Grant Date. 

 Incentive Stock Options. The terms of the Plan addressing Incentive Stock Options and each
Incentive Stock Option will be interpreted in a manner consistent with Section 422 of the Code and all valid regulations issued thereunder. 
 Exercise. Stock Options will be exercisable at such time or times and subject to the terms and conditions set forth in the Notice. A participant can exercise a Stock Option, in whole or in part, at any time on or after the
Vesting Date and before the Expiration Date by giving written notice of exercise to the Company specifying the number of shares of Common Stock subject to the Stock Option to be purchased. Such notice will be accompanied by payment in full to the
Company of the option price by certified or bank check or such other cash equivalent instrument as the Company may accept. If approved by the Committee, payment in full or in part may also be made in the form of Common Stock (by delivery of such
shares or by attestation) already owned by the optionee of the same class as the Common Stock subject to the Stock Option, based on the Fair Market Value of the Common Stock on the date the Stock Option is exercised. Notwithstanding the foregoing,
the right to make payment in the form of already owned shares of Common Stock applies only to shares that have been held by the optionee for at least six (6) months at the time of exercise or that were purchased on the open market. 

If approved by the Committee, payment in full or in part may also be made by delivering a properly executed exercise notice to the Company, together
with a copy of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or broker loan proceeds necessary to pay the option price, and, if requested, by the amount of any federal, state, local or foreign withholding
taxes. To facilitate the foregoing, the Company may enter into agreements for coordinated procedures with one or more brokerage firms, but any loans by a broker in connection with an exercise shall be arranged between the broker and the employee,
and not by the Company. 
 In addition, if approved by the Committee, a Stock Option may be exercised by a “net cashless exercise”
procedure whereby all or any portion of the option price and/or any required tax withholding may be satisfied by a reduction in the number of shares issued upon exercise. In that case, the number of shares of Common Stock issued upon exercise will
be equal to: (a) the product of (i) the number of shares as to which the Stock Option is then being exercised on a net cashless basis, and (ii) the excess of (A) the Fair Market Value on the date of exercise, over (B) the
option price and/or any required tax withholding associated with the net cashless exercise (expressed on a per share basis), divided by (b) the Fair Market Value on the date of exercise. A number of shares of Common Stock equal to the
difference between the number of shares as to which the Stock Option is then being exercised and the number of shares actually issued upon such exercise will be deemed to have been retained by the Company in satisfaction of the option price and/or
any required tax withholding. 
 Settlement. As soon as practicable after the exercise of a Stock Option, the Company will
deliver to or on behalf of the optionee certificates of Common Stock for the number of shares purchased. No shares of Common Stock will be issued until full payment therefor has been made. Except as otherwise provided in Section 9.8 Deferral
of Stock Options Shares below, an optionee will have all of the rights of a stockholder of the Company holding Common Stock, including, but not limited to, the right to vote the shares and the right to receive dividends, when the optionee has
given written notice of exercise, has paid in full for such shares and, if requested, has given the representation described in Section 18 General Provisions. The Committee may give optionees Dividend Equivalent Rights. 
 Nontransferability. No Stock Option will be transferable by the optionee other than by will or by the laws of descent and distribution. All
Stock Options will be exercisable, subject to the terms of the Plan, only by the optionee, the guardian or legal representative of the optionee, or any person to whom such Stock Option is transferred pursuant to this paragraph, it being understood
that the term “holder” and “optionee” include such guardian, legal representative and other transferee. No Stock Option will be subject to execution, attachment or other similar process. 

 Notwithstanding anything herein to the contrary, the Committee may permit a participant at any time prior
to his or her death to assign all or any portion without consideration therefor of a Nonqualified Stock Option to: 
  

	 	VV.	The participant’s spouse or lineal descendants; 

  

	 	WW.	The trustee of a trust for the primary benefit of the participant and his or her spouse or lineal descendants, or any combination thereof; 

  

	 	XX.	A partnership of which the participant, his or her spouse and/or lineal descendants are the only partners; 

  

	 	YY.	Custodianships under the Uniform Transfers to Minors Act or any other similar statute; or 

  

	 	ZZ.	Upon the termination of a trust by the custodian or trustee thereof, or the dissolution or other termination of the family partnership or the termination of a custodianship under
the Uniform Transfers to Minor Act or any other similar statute, to the person or persons who, in accordance with the terms of such trust, partnership or custodianship are entitled to receive the Nonqualified Stock Option held in trust, partnership
or custody. 

 In such event, the spouse, lineal descendant, trustee, partnership or custodianship will be entitled to all of the
participant’s rights with respect to the assigned portion of the Nonqualified Stock Option, and such portion will continue to be subject to all of the terms, conditions and restrictions applicable to the Nonqualified Stock Option. 

Cashing Out. On receipt of written notice of exercise, the Committee may elect to cash out all or part of the portion of the shares of
Common Stock for which a Stock Option is being exercised by paying the optionee an amount, in cash or Common Stock, equal to the excess of the Fair Market Value of the Common Stock over the option price times the number of shares of Common Stock for
which the Stock Option is being exercised on the effective date of such cash-out. In addition, notwithstanding any other provision of the Plan, the Committee, either on the Grant Date or thereafter, may give a participant the right to voluntarily
cash-out the participant’s outstanding Stock Options, whether or not then vested, during the sixty (60)-day period following a Change in Control. A participant who has such a cash-out right and elects to cash-out Stock Options may do so during
the sixty (60)-day period following a Change in Control by giving notice to the Company to elect to surrender all or part of the Stock Option to the Company and to receive cash, within thirty (30) days of such election, in an amount equal to
the amount by which the Change in Control Price per share of Common Stock on the date of such election exceeds the exercise price per share of Common Stock under the Stock Option multiplied by the number of shares of Common Stock granted under the
Stock Option as to which this cash-out right is exercised. Notwithstanding the foregoing, if any cash-out right would make a Change in Control transaction ineligible for pooling-of-interests accounting, the Committee may eliminate or modify such
cash-out right. 
 Deferral of Stock Option Shares. The Committee may from time to time establish procedures pursuant to which
an optionee may elect to defer, until a time or times later than the exercise of a Stock Option, receipt of all or a portion of the shares of Common Stock subject to such Stock Option and/or to 

 
receive cash at such later time or times in lieu of such deferred shares, all on such terms and conditions as the Committee will determine. If any such
deferrals are permitted, an optionee who elects such deferral will not have any rights as a stockholder with respect to such deferred shares unless and until shares are actually delivered to the optionee with respect thereto, except to the extent
otherwise determined by the Committee. 
 STOCK APPRECIATION RIGHTS 
 Stock Appreciation Rights. The Committee is authorized to grant Stock Appreciation Rights, subject to the terms of the Plan. Stock
Appreciation Rights granted with a Nonqualified Stock Option may be granted either on or after the Grant Date. Stock Appreciation Rights granted with an Incentive Stock Option may be granted only on the Grant Date of such Stock Option. Notices of
Stock Appreciation Rights granted with Stock Options may be incorporated into the Notice of the Stock Option. Notices of Stock Appreciation Rights will indicate whether the Stock Appreciation Right is independent of any Award or granted with a Stock
Option, the price, the term, the method of exercise and the form of payment. The Committee may also grant Dividend Equivalent Rights in association with any Stock Appreciation Right. 
 Exercise. A participant can exercise Stock Appreciation Rights, in whole or in part, at any time after the Vesting Date and before the
Expiration Date, or, with respect to Stock Appreciation Rights granted in connection with any Stock Option, at such time or times and to the extent that the Stock Options to which they relate are exercisable, by giving written notice of exercise to
the Company specifying the number of Stock Appreciation Rights to be exercised. A Stock Appreciation Right granted with a Stock Option may be exercised by an optionee by surrendering any applicable portion of the related Stock Option in accordance
with procedures established by the Committee. To the extent provided by the Committee, Stock Options which have been so surrendered will no longer be exercisable to the extent the related Stock Appreciation Rights have been exercised. 
 Settlement. As soon as practicable after the exercise of a Stock Appreciation Right, an optionee will be entitled to receive an amount in
cash, shares of Common Stock or a combination of cash and shares of Common Stock, as determined by the Committee, in value equal to the excess of the Fair Market Value on the date of exercise of one share of Common Stock over the Stock Appreciation
Right price per share multiplied by the number of shares in respect of which the Stock Appreciation Right is being exercised. 
 Upon the exercise of a Stock
Appreciation Right granted with any Stock Option, the Stock Option or part thereof to which such Stock Appreciation Right is related will be deemed to have been exercised for the purpose of the limitation set forth in Section 4 Shares on
the number of shares of Common Stock to be issued under the Plan, but only to the extent of the number of shares delivered upon the exercise of the Stock Appreciation Right. 
 Nontransferability. Stock Appreciation Rights will be transferable only to the extent they are granted with any Stock Option, and only to
permitted transferees of such underlying Stock Option in accordance with the Nontransferability provisions of Section 9. 
 RESTRICTED STOCK 
 Restricted Stock. The Committee is authorized to grant Restricted Stock,
subject to the terms of the Plan. Notices for Restricted Stock may be in the form of a Notice and book-entry registration or issuance of one or more stock certificates. Any certificate issued in respect of shares of Restricted Stock 

 
will be registered in the name of such participant and will bear an appropriate legend referring to the terms, conditions, and restrictions applicable to
such Award, substantially in the following form: 
 “The transferability of this certificate and the shares of stock represented hereby
are subject to the terms and conditions, including, but not limited to, forfeiture of the FMC Corporation Incentive Compensation and Stock Plan and a Restricted Stock Notice. Copies of such Plan and Notice are on file at the offices of FMC
Corporation.” 
 The Committee may require that the certificates evidencing such shares be held in custody by the Company until the
restrictions thereon will have lapsed and that, as a condition of any Award of Restricted Stock, the participant will have delivered a stock power, endorsed in blank, relating to the Common Stock covered by such Award. The Notice or certificates
will indicate any applicable Performance Goals, any applicable designation of the Restricted Stock as a Qualified Performance-Based Award and the form of payment. 
 Participant Rights. Subject to the terms of the Plan and the Notice or certificate of Restricted Stock, the participant will not be permitted to sell, assign, transfer, pledge or otherwise encumber
shares of Restricted Stock until the later of the Vesting Date and the date any applicable Performance Goals are satisfied. Notwithstanding the foregoing, if approved by the Committee, a participant may pledge Restricted Stock as security for a loan
to obtain funds to pay the option price for Stock Options. Except as provided in the Plan and the Notice or certificate of the Restricted Stock, the participant will have, with respect to the shares of Restricted Stock, all of the rights of a
stockholder of the Company holding Common Stock, including, but not limited to, the right to vote the shares and to receive dividends with respect to the shares; provided that, in the discretion of the Committee, cash or property payable as a
dividend on Restricted Stock may be subjected to the same vesting conditions as the Restricted Stock giving rise to the payment or may be converted into a number of additional shares of Restricted Stock (again, having the same vesting conditions as
the Restricted Stock giving rise to the payment) determined by dividing the amount of the cash or the fair market value of the property otherwise distributable (as determined by the Committee) by the Fair Market Value on the dividend payment date.

 Settlement. As soon as practicable after the later of the Vesting Date and the date any applicable Performance Goals are
satisfied and prior to the Expiration Date, unlegended certificates for such shares of Common Stock will be delivered to the participant upon surrender of any legended certificates, if applicable. 
 PERFORMANCE UNITS 
 Performance Units. The Committee is authorized to grant Performance Units, subject to the terms of the Plan. Notices of Performance Units will indicate any applicable Performance Goals, any applicable designation of the Award
as a Qualified Performance-Based Award and the form of payment. 
 Settlement. As soon as practicable after the later of the
Vesting Date and the date any applicable Performance Goals are satisfied, Performance Units will be paid in the manner as provided in the Notice. Payment of Performance Units will be made in an amount of cash equal to the Fair Market Value of one
share of Common Stock multiplied by the number of Performance Units earned or, if applicable, in a number of shares of Common Stock equal to the number of Performance Units earned, each as determined by the Committee. The Committee may at or after
the Grant Date give the participant a right to defer receipt of cash or shares in settlement of Performance Units for a specified period or until a specified event. Subject to any exceptions adopted by the Committee, an election by a participant to
defer must be made before the commencement of the Award Cycle for the Performance Units. 

 OTHER AWARDS 
 The Committee is authorized to make, either alone or in conjunction with other Awards, Awards of cash or Common Stock and Awards that are valued in whole
or in part by reference to, or are otherwise based upon, Common Stock, including, without limitation, convertible debentures. 
 CHANGE IN CONTROL 
 Impact of Change in Control. Notwithstanding any other provision of the Plan to the contrary, in
the event of a Change in Control, as of the date such Change in Control is determined to have occurred, any outstanding: 
  

	 	AAA.	Stock Options and Stock Appreciation Rights become fully exercisable and vested to the full extent of the original grant; 

  

	 	BBB.	Restricted Stock becomes free of all restrictions and deferral limitations and becomes fully vested and transferable to the full extent of all or a portion of the maximum amount of
the original grant as provided in the Notice, or, if not provided in the Notice, as determined by the Committee; 

  

	 	CCC.	Performance Units become vested to the extent provided in the Notice, or if not provided in the Notice, as determined by the Committee. In addition, to the extent settlement of such
Performance Units has been deferred, if the Change in Control constitutes a “change in the ownership of the Company,” a “change in effective control of the Company,” or a “change in the ownership of a substantial portion of
the assets of the Company” (in each case as defined in Section 409A of the Code), such settlement occurs in cash or Common Stock (as determined by the Committee) as promptly as is practicable following the Change in Control; and

  

	 	DDD.	Management Incentive Awards become fully vested to the full extent of all or a portion of the maximum amount of the original grant as provided in the Notice, or, if not provided in
the Notice, as determined by the Committee, and such Management Incentive Awards will be settled in cash or Common Stock, as determined by the Committee, as promptly as is practicable following the Change in Control. 

 The Committee may also make additional substitutions, adjustments and/or settlements of outstanding Awards as it deems appropriate and consistent with
the Plan’s purposes. 
 Definition of Change in Control. For purposes of the Plan, a “Change in Control” will
mean the happening of any of the following events: 
  

	 	EEE.	 An acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a “Person”) of beneficial
ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of twenty percent (20%) or more of either (1) the then outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or
(2) 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”); excluding, however, the 

	 	 
following: (A) any acquisition directly from the Company, other than an acquisition by virtue of the exercise of a conversion privilege unless the
security being so converted was itself acquired directly from the Company, (B) any acquisition by the Company, (C) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any entity
controlled by the Company, or (D) any acquisition pursuant to a transaction which complies with Subsections (1), (2) and (3) of Subsection (c) of this Section 14.2; 

  

	 	FFF.	A change in the composition of the Board such that the individuals who, as of the Effective Date, constitute the Board (such Board will be hereinafter referred to as the
“Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, for purposes of this Section 14.2, that any individual who becomes a member of the Board subsequent to the Effective Date,
whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of those individuals who are members of the Board and who were also members of the Incumbent Board (or deemed to be such
pursuant to this proviso) will be considered as though such individual were a member of the Incumbent Board; but, provided further, that any such individual whose initial assumption of office occurs as a result of either an actual or threatened
election contest (as such terms are used in Rule 14a-11 of Regulation 14A promulgated under the Exchange Act) or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board will not be so
considered as a member of the Incumbent Board; 

  

	 	GGG.	Consummation of a reorganization, merger or consolidation, sale or other disposition of all or substantially all of the assets of the Company, or acquisition by the Company of the
assets or stock of another entity (“Corporate Transaction”); excluding, however, such a Corporate Transaction pursuant to which (1) all or substantially all of the individuals and entities who are the beneficial owners, respectively,
of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Corporate Transaction will beneficially own, directly or indirectly, more than sixty percent (60%) of, respectively, the outstanding
shares of common stock, and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Corporate Transaction (including,
without limitation, a corporation which 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 Corporate Transaction, of the Outstanding Company Common Stock and Outstanding Company Voting Securities, as the case may be, (2) no Person (other than the Company, any employee benefit plan (or related
trust) of the Company or such corporation resulting from such Corporate Transaction) will beneficially own, directly or indirectly, twenty percent (20%) or more of, respectively, the outstanding shares of common stock of the corporation
resulting from such Corporate Transaction or the combined voting power of the outstanding voting securities of such corporation entitled to vote generally in the election of directors except to the extent that such ownership existed prior to the
Corporate Transaction, and (3) individuals who were members of the Incumbent Board will constitute at least a majority of the members of the board of directors of the corporation resulting from such Corporate Transaction; or

	 	HHH.	The approval by the stockholders of the Company of a complete liquidation or dissolution of the Company. 

 Change in Control Price. For purposes of the Plan, “Change in Control Price” means the higher of (a) the highest reported
sales price, regular way, of a share of Common Stock in any transaction reported on the New York Stock Exchange or other national exchange on which such shares are listed during the sixty (60)-day period prior to and including the date of a Change
in Control; or (b) if the Change in Control is the result of a tender or exchange offer or a Corporate Transaction, the highest price per share of Common Stock paid in such tender or exchange offer or Corporate Transaction; provided, however,
that in the case of Incentive Stock Options and Stock Appreciation Rights relating to Incentive Stock Options, the Change in Control Price will be in all cases the Fair Market Value of the Common Stock on the date such Incentive Stock Option or
Stock Appreciation Right is exercised. To the extent that the consideration paid in any such transaction described above consists all or in part of securities or other noncash consideration, the value of such securities or other noncash
consideration will be determined by the Committee. 
 FORFEITURE OF AWARDS 
 Notwithstanding anything in the Plan to the contrary, the Committee may, in the event of serious misconduct by a participant (including, without
limitation, any misconduct prejudicial to or in conflict with the Company or its Affiliates, or any Termination of Employment for Cause), or any activity of a participant in competition with the business of the Company or any Affiliate,
(a) cancel any outstanding Award granted to such participant, in whole or in part, whether or not vested or deferred, and/or (b) if such conduct or activity occurs within one year following the exercise or payment of an Award, require such
participant to repay to the Company any gain realized or payment received upon the exercise or payment of such Award (with such gain or payment valued as of the date of exercise or payment). Such cancellation or repayment obligation will be
effective as of the date specified by the Committee. Any repayment obligation may be satisfied in Common Stock or cash or a combination thereof (based upon the Fair Market Value of Common Stock on the day of payment), and the Committee may provide
for an offset to any future payments owed by the Company or any Affiliate to the participant if necessary to satisfy the repayment obligation. The determination of whether a participant has engaged in a serious breach of conduct or any activity in
competition with the business of the Company or any Affiliate will be made by the Committee in good faith. This Section 15 will have no application following a Change in Control. 
 AMENDMENT AND TERMINATION 
 The Committee may amend, alter, or discontinue the Plan or any Award, prospectively or retroactively, but no amendment, alteration or discontinuation may impair the rights of a recipient of any Award without the recipient’s consent,
except such an amendment made to comply with applicable law, stock exchange rules or accounting rules. 
 No amendment will be made without
the approval of the Company’s stockholders to the extent such approval is required by applicable law or stock exchange rules, or to the extent such amendment increases the number of shares available for delivery under the Plan. Without the
approval of the Company’s stockholders, the Committee will not reduce the option price of a Stock Option after the Grant Date or cancel an outstanding Stock Option and grant a new Stock Option with a lower exercise price in substitution
therefor (other than, in either case, in accordance with the adjustment provisions in the last paragraph of Section 4.1). 

 UNFUNDED STATUS OF PLAN 
 It is presently intended that the Plan constitute an “unfunded” plan for incentive and deferred compensation. The Committee may authorize the
creation of trusts or other arrangements to meet the obligations created under the Plan to deliver Common Stock or make payments; provided, however, that unless the Committee otherwise determines, the existence of such trusts or other arrangements
is consistent with the “unfunded” status of the Plan. 
 GENERAL PLAN PROVISIONS 
 General Provisions. The Plan will be administered in accordance with the following provisions and any other rule, guideline and practice
determined by the Committee: 
  

	 	III.	Each person purchasing or receiving shares pursuant to an Award may be required to represent to and agree with the Company in writing that he or she is acquiring the shares without
a view to the distribution of the shares. 

  

	 	JJJ.	The certificates for shares issued under an Award may include any legend which the Committee deems appropriate to reflect any restrictions on transfer. 

  

	 	KKK.	Notwithstanding any other provision of the Plan, any Award, any Notice or any other agreements made pursuant thereto, the Company is not required to issue or deliver any shares of
Common Stock prior to fulfillment of all of the following conditions: 

  

	 	1.	Listing or approval for listing upon notice of issuance, of such shares on the New York Stock Exchange, Inc., or such other securities exchange as may at the time be the principal
market for the Common Stock; 

  

	 	2.	Any registration or other qualification of such shares of the Company under any state or federal law or regulation, or the maintaining in effect of any such registration or other
qualification which the Committee deems necessary or advisable; and 

  

	 	3.	Obtaining any other consent, approval, or permit from any state or federal governmental agency which the Committee deems necessary or advisable. 

  

	 	LLL.	The Company will not issue fractions of shares. Whenever, under the terms of the Plan, the aggregate number of shares required to be issued to a participant at a particular time
includes a fractional share, one additional whole share will be issued to the participant in lieu of and in satisfaction for that fractional share. 

  

	 	MMM.	In the case of a grant of an Award to any Eligible Individual of an Affiliate of the Company, the Company may, if the Committee so directs, issue or transfer the shares of Common
Stock, if any, covered by the Award to the Affiliate, for such lawful consideration as the Committee may specify, upon the condition or understanding that the Affiliate will transfer the shares of Common Stock to the Eligible Individual in
accordance with the terms of the Award specified by the Committee pursuant to the provisions of the Plan. All shares of Common Stock underlying Awards that are forfeited or canceled revert to the Company. 

 Employment. The Plan will not constitute a contract of employment, and adoption of the Plan
will not confer upon any employee any right to continued employment, nor will it interfere in any way with the right of the Company or an Affiliate to terminate at any time the employment of any employee or the membership of any director on a board
of directors or any consulting arrangement with any Eligible Individual. 
 Tax Withholding Obligations. No later than the date
as of which an amount first becomes includible in the gross income of the participant for federal income tax purposes with respect to any Award under the Plan, the participant will pay to the Company, or make arrangements satisfactory to the Company
regarding the payment of, any federal, state, local or foreign taxes of any kind required by law to be withheld with respect to such amount. Unless otherwise determined by the Company, withholding obligations may be settled with Common Stock,
including Common Stock that is part of the Award that gives rise to the withholding requirement; provided, that not more than the legally required minimum withholding may be settled with Common Stock. The obligations of the Company under the Plan
will be conditional on such payment or arrangements, and the Company and its Affiliates will, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the participant. The Committee may establish such
procedures as it deems appropriate, including making irrevocable elections, for the settlement of withholding obligations with Common Stock. 
 Beneficiaries. The Committee will establish such procedures as it deems appropriate for a participant to designate a beneficiary to whom any amounts payable in the event of the participant’s death are to be paid or by
whom any rights of the participant, after the participant’s death, may be exercised. 
 Governing Law. The Plan and all
Awards made and actions taken thereunder will be governed by and construed in accordance with the laws of the State of Delaware, without reference to principles of conflict of laws. Notwithstanding anything herein to the contrary, in the event an
Award is granted to Eligible Individual who is employed or providing services outside the United States and who is not compensated from a payroll maintained in the United States, the Committee may modify the provisions of the Plan and/or any such
Award as they pertain to such individual to comply with and account for the tax and accounting rules of the applicable foreign law so as to maintain the benefit intended to be provided to such participant under the Award. 
 Nontransferability. Except as otherwise provided in Section 9 Stock Options and Section 10 Stock Appreciation
Rights, or by the Committee, Awards under the Plan are not transferable except by will or by laws of descent and distribution. 
 Severability. Wherever possible, each provision of the Plan and of each Award and of each Notice will be interpreted in such a manner as to be effective and valid under applicable law. If any provision of the Plan, any Award
or any Notice is found to be prohibited by or invalid under applicable law, then (a) such provision will be deemed amended to and to have contained from the outset such language as will be necessary to accomplish the objectives of the provision
as originally written to the fullest extent permitted by law; and (b) all other provisions of the Plan and any Award will remain in full force and effect. 
 Strict Construction. No rule of strict construction will be applied against the Company, the Committee or any other person in the interpretation of the terms of the Plan, any Award, any Notice, any other
agreement or any rule or procedure established by the Committee. 
 Stockholder Rights. Except as otherwise provided herein, no
participant will have dividend, voting or other stockholder rights by reason of a grant of an Award or a settlement of an Award in cash.

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