Document:

Description of Mosaic Management Incentive Program

 Exhibit 10.iii.d. 
 Pursuant to the Management Incentive Plan (“MIP”) of The Mosaic Company (the “Company”), key managers of the Company and its subsidiaries, including executive officers, are eligible for annual cash
incentive compensation based upon the attainment of business performance goals that are pre-established by the Board of Directors of the Company, upon the recommendation of the Compensation Committee or a subcommittee of outside directors.
Attainment of the performance measures determines the amount of the incentive payment for executive officers and all or a portion of the amount of the incentive payment for other participants. Threshold, target and maximum payout levels are set
based upon the extent to which the specified performance measures are attained. Target annual incentive awards for executive officers range from 50% to 110% of base salary for the fiscal year ending May 31, 2010. The Corporate performance
measures for the fiscal year ending May 31, 2010 are (i) consolidated operating earnings (“operating earnings”) and (ii) average consolidated working capital (“average working capital”), weighted 80% on the
operating earnings measure and 20% on the average working capital measure. The Corporate performance measures apply to all executive officers, except that the performance measures for the executive officer who is the leader of the Company’s
Potash business unit is based 60% on consolidated operating earnings and average consolidated working capital and 40% on operating earnings and average working capital of the Potash business unit. The plan has a minimum level for both the operating
earnings measure and the average working capital measure at which payments begin. In addition, the plan has a separate threshold for the operating earnings measure below which no payout will be made under the average working capital measure. The
maximum payout percent for both the operating earnings measure and the average working capital measure is 200% of the target annual incentive award.Summary of Board of Director Compensation of Mosaic

 Exhibit 10.iii.f. 
 THE MOSAIC COMPANY 
 SUMMARY OF BOARD OF DIRECTOR COMPENSATION 
 Non-Employee Directors 
 The policy adopted by the
Board of Directors (the “Board”) of The Mosaic Company (“Mosaic”) for fiscal 2009 provides for cash compensation to non-employee directors as follows: 
  

	 	•	 	 an annual cash retainer of $170,000 to the Chairman of the Board and $85,000 to each other director; 

  

	 	•	 	 an annual cash retainer of $20,000 to the Chairman of the Audit Committee and $10,000 to other members of this Committee; 

  

	 	•	 	 an annual cash retainer of $15,000 to the Chairman of the Compensation Committee and $5,000 to other members of this Committee; 

  

	 	•	 	 an annual cash retainer of $10,000 to each director who serves as chair of the Corporate Governance and Nominating Committee, Environmental, Health and Safety
Committee and Special Transactions Committee; 

  

	 	•	 	 The Special Transactions Committee was disbanded in December 2008 at which time the Cargill Transactions Subcommittee of the Corporate Governance and Nominating
Committee was established to review material relationships with Cargill, Incorporated and/or its affiliates. Upon establishing the Cargill Transactions Subcommittee, the Board approved an annual cash retainer of $10,000 to be paid to the Chair of
the Cargill Transactions Subcommittee; and 

  

	 	•	 	 The Board established a special committee comprised of all of the independent directors on the Board to consider governance matters relating to the expiration of an
investor rights agreement entered into with Cargill, Incorporated on August 17, 2006. The Board authorized a cash stipend in the amount of $25,000 to be paid to the Chair of the Special Committee. 

 In addition, the policy in effect during fiscal 2009 provided for an annual grant of restricted stock units providing grants of our common stock, valued
at $170,000 for the Chairman of the Board and $85,000 for each other director. 
 Mosaic does not pay meeting fees or provide any perquisites
to our directors. Mosaic does reimburse directors for travel and business expenses incurred in connection with meeting attendance. 
 Employee Directors

 Directors who are employees receive no director fees or other separate compensation for service on the Board or any committee of the
Board for the period during which they are employees.Form of Amendment to Senior Management Severance and Change in Control Agreement

 Exhibit 10.iii.u. 
 AMENDMENT TO 
 SENIOR MANAGEMENT SEVERANCE AND CHANGE IN CONTROL AGREEMENT 
 This amendment to the Senior Management Severance and Change in Control Agreement dated
                    , 200     between The Mosaic Company, a Delaware corporation (the “Company”)
and                      (the “Executive”) is effective as of the date indicated below by the Executive’s signature.

 The Company and the Executive hereby agree that clauses (a) and (b) of Section 4 of the Agreement are deleted in their
entirety and replaced with the following: 
  

	 	(a)	Employee shall be eligible to receive an amount equal to          times Employee’s annual base salary in effect as of the date of
termination; provided, however, that if the effective date of termination by the Company without Cause occurs (i) upon, or within two years after, the occurrence of a Change in Control of the Company (as defined in Section 7 below),
or (ii) at the time of, or following, the entry by the Company into a definitive agreement or plan for a Change in Control of the nature set forth in Section 7(b), (c) or (e) below (so long as such Change in Control occurs within
six months after the effective date of such termination), then such amount shall be equal to          times Employee’s annual base salary. Any amounts payable hereunder will be subject to required
withholdings, deductions, and tax reporting requirements. 

  

	 	(b)	Employee shall be eligible to receive a payout equal to Employee’s annual target bonus percent established for the bonus year prior to the bonus year in which Employee’s
date of termination is effective (or such greater percent as shall be designated by the Compensation Committee of the Company’s Board of Directors from time to time) multiplied by Employee’s annual base salary in effect as of the date of
termination; provided, however, that if the effective date of termination by the Company without Cause occurs (i) upon, or within two years after, the occurrence of a Change in Control of the Company (as defined in Section 7 below),
or (ii) at the time of, or following, the entry by the Company into a definitive agreement or plan for a Change in Control of the nature set forth in Section 7(b), (c) or (e) below (so long as such Change in Control occurs within
six months after the effective date of such termination), then such payout shall be equal to          times Employee’s annual target bonus percent for the prior bonus year (or such greater percent
as shall be designated by the Compensation Committee of the Company’s Board of Directors from time to time) multiplied by Employee’s annual base salary in effect as of the date of termination. Any amounts payable hereunder will be subject
to any required withholdings, deductions, and tax reporting requirements. 

 IN WITNESS WHEREOF, the Company and the Executive have executed this amendment on the dates set
forth below. 
  

					
	THE MOSAIC COMPANY
		
	By:	 	  

		 	Its:	 	  

		
	Date:	 	May     , 2009
	
	 EXECUTIVE
  

	  
 [Executive]

		
	Date:	 	May     , 2009

 AMENDMENT TO 
 AMENDED AND RESTATED 
 SENIOR MANAGEMENT SEVERANCE AND CHANGE IN CONTROL AGREEMENT 

This amendment to the Amended and Restated Senior Management Severance and Change in Control Agreement dated
                    , 200     between The Mosaic Company, a Delaware corporation (the “Company”)
and                      (the “Executive”) is effective as of the date indicated below by the Executive’s signature.

 The Company and the Executive hereby agree that clauses (a) and (b) of Section 4 of the Agreement are deleted in their
entirety and replaced with the following: 
  

	 	(a)	Employee shall be eligible to receive an amount equal to          times Employee’s annual base salary in effect as of the date of
termination; provided, however, that if the effective date of termination by the Company without Cause occurs (i) upon, or within two years after, the occurrence of a Change in Control of the Company (as defined in Section 7 below),
or (ii) at the time of, or following, the entry by the Company into a definitive agreement or plan for a Change in Control of the nature set forth in Section 7(b), (c) or (e) below (so long as such Change in Control occurs within
six months after the effective date of such termination), then such amount shall be equal to          times Employee’s annual base salary. Any amounts payable hereunder will be subject to required
withholdings, deductions, and tax reporting requirements. 

  

	 	(c)	Employee shall be eligible to receive a payout equal to Employee’s annual target bonus percent established for the bonus year prior to the bonus year in which Employee’s
date of termination is effective (or such greater percent as shall be designated by the Compensation Committee of the Company’s Board of Directors from time to time) multiplied by Employee’s annual base salary in effect as of the date of
termination; provided, however, that if the effective date of termination by the Company without Cause occurs (i) upon, or within two years after, the occurrence of a Change in Control of the Company (as defined in Section 7 below),
or (ii) at the time of, or following, the entry by the Company into a definitive agreement or plan for a Change in Control of the nature set forth in Section 7(b), (c) or (e) below (so long as such Change in Control occurs within
six months after the effective date of such termination), then such payout shall be equal to          times Employee’s annual target bonus percent for the prior bonus year (or such greater percent
as shall be designated by the Compensation Committee of the Company’s Board of Directors from time to time) multiplied by Employee’s annual base salary in effect as of the date of termination. Any amounts payable hereunder will be subject
to any required withholdings, deductions, and tax reporting requirements. 

 IN WITNESS WHEREOF, the Company and the Executive have executed this amendment on the dates set
forth below. 
  

					
	THE MOSAIC COMPANY
		
	By:	 	  

		 	Its:	 	  

		
	Date:	 	May     , 2009
	
	 EXECUTIVE
  

	  
 [Executive]

		
	Date:	 	May     , 2009

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