Fertilizer Program Progressive farmers utilize our world-class crop management system

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1 Feast Fertilizer Program Progressive farmers utilize our world-class crop management system 1

2 Feast Fertilizer Program All Feast Fertilizer (N-P-K-S) products comprise the Feast Fertilizer Program The Conklin AgroVantage Program covers all Independent Business Owners (IBOs), Preferred and Wholesale Customers, and Commercial Purchasers (collectively, Customers ) purchasing Conklin s Feast Fertilizers and AgroVantage Companion products. The Conklin AgroVantage Program is comprised of the Feast Fertilizer and AgroVantage Companion Products. Technical questions: Tim Carlson, CCA Senior Product Specialist tim.carlson@conklin.com Jay Hunnicut Product Specialist jay.hunnicut@conklin.com Program questions: Dan Willgohs Category Marketing Manager dan.willgohs@conklin.com Feast Fertilizer Program is effective August 1, 2012 July 31, 2013 Conklin will provide a 30 day notice for price increases for Feast Fertilizer. Price change notifications will be made via VoiceLink and eblast to IBO . All prices are FOB manufacturing facility. Price Stabilization: All fertilizer ordered and paid for between October 1 and December 31, 2012 AND shipped by March 29, 2013 will be guaranteed the price at time of order. Orders shipped after March 29, 2013 will be priced at the then current price or the price at time of order, whichever is greater. Orders placed are non-cancellable to ensure Price Stabilization. For Freight Program information refer to (requires log in) All orders not shipped before July 31, 2013, will be cancelled and payment will become part of the general deposit account of the customer and may be used toward the purchase of any Conklin products. For shipping and storage guidelines refer to Feast Fertilizer Shipping & Storage Guidelines (see page 6) John Deere Credit financing options are available. For more information, go to or Conklin will not accept liability for the condition of on farm fertilizer storage or containment facilities (see page 6). Product shipment and/or pickup must be scheduled with the Distribution Department at least three (3) days in advance. Feast Bulk Fertilizer Bulk Truckload Fertilizer pickup quantities at each manufacturing location are as follows: Shakopee, MN; Italy, TX; Middle Point, OH 500 total gallons per pickup, with a minimum of 250 gallons per formula filled into a 500 gallon container (may combine multiple orders). Centralia, IL; Red Oak, IA - 1,000 total gallons per pickup, with a minimum of 250 gallons per formula filled into a 1,000 gallon container (may combine multiple orders). Minimums are total combined gallons per shipment and minimum container size. All fertilizer formulas ordered must be filled into individual containers unless ordered as Custom Blend. If Conklin arranges transportation, a freight rate will be procured prior to shipping. All freight charges must be prepaid on a separate order prior to the truck scheduling. Multiple drop shipments may be subject to additional charges and out-of-mileage charges. Freight surcharges are subject to change at any time. Commercial trucks may not be equipped with meters. A customer may make their own arrangements for freight-collect transportation. When shipping freight-collect, customer is responsible for negotiating the freight rate and paying the carrier s invoice. 2

3 Feast Bulk Fertilizer Pricing (per gallon) Effective Date: August 1, 2012 Prices are subject to change Factory Wholesale Commercial Purchaser Prices Preferred Prices Shakopee, MN $6.25 $6.35 $ $7.50 $7.60 $ $6.00 $6.10 $ w2S $6.33 $6.43 $7.60 Feast XL w.5B 8459 $7.05 $7.15 $ w3S $7.39 $7.49 $8.87 Side-Kick w17S $6.55 $6.65 $ w6s* $5.80 $5.90 $6.96 Prem Plus $6.80 $6.90 $8.16 Prem Plus w4S $6.80 $6.90 $ (2,000 gallon min.) $5.20 $5.30 $6.24 Centralia, IL $6.25 $6.35 $ $7.50 $7.60 $ w2S $6.33 $6.43 $7.60 Feast XL w.5B 8470 $7.05 $7.15 $ w3S $7.39 $7.49 $8.87 Side-Kick w17S $6.55 $6.65 $7.86 Red Oak, IA $6.25 $6.35 $ $7.50 $7.60 $ $6.00 $6.10 $ w2S $6.33 $6.43 $ w3S $7.39 $7.49 $8.87 Side-Kick w17S $6.55 $6.65 $7.86 Middle Point, OH $6.25 $6.35 $ $7.50 $7.60 $ $6.00 $6.10 $ w2S $6.33 $6.43 $ w3S $7.39 $7.49 $8.87 Side-Kick w17S $6.55 $6.65 $7.86 Italy, TX $6.25 $6.35 $ $7.50 $7.60 $ $6.00 $6.10 $ w2S $6.33 $6.43 $7.60 Feast XL w.5B $7.05 $7.15 $ w3S $7.39 $7.49 $8.87 Side-Kick w17S $6.55 $6.65 $ w6S* $6.60 $6.70 $ w3S $7.00 $7.10 $ w3S & 0.02Zn $7.50 $7.60 $9.00 * Feast w6s is only available in AR, AZ, GA, IA, KS, MN, MO, NC, ND, NE, NJ, NM, OK, PA, SD, TN, TX, VA and WI. 3

4 Feast Mini-Bulk & 55 Gallon Drum Fertilizer All prices are FOB Shakopee, MN. For Freight Program information refer to Effective Date: August 1, 2012 Feast Mini-Bulk & 55 Gallon Drum Pricing Effective August 1, 2012 Factory Wholesale Price Product Part# Size Price Price/ gallon gallon 250 gallon $ $1, $ $2, $7.50 $8.75 Commercial Purchaser Price Price $ $1, $ $2, Price/ gallon $7.60 $8.85 Preferred Price Price $ $2, $ $2, Price/ gallon $9.00 $ w3s gallon $1, $7.58 $1, $7.68 $2, $ w2s gallon $2, $8.64 $2, $8.74 $2, $10.37 Feast XL w.5b Side Kick w17s Premium Plus Premium Plus gallon 220 gallon 250 gallon 250 gallon $ $2, $ $1, $ $1, $ $1, $8.05 $7.69 $7.65 $7.80 $ $2, $ $1, $ $1, $ $1, $8.15 $7.79 $7.75 $7.90 $ $2, $ $2, $ $2, $ $2, $9.66 $9.22 $9.06 $ gallon $1, $6.30 $1, $6.40 $1, $7.56 4

5 Feast Fertilizer Custom Blending Feast Fertilizer Custom Blending Program allows growers to customize and maximize inputs for the specific needs of their soil and plants based upon soil and tissue testing. Guidelines: Custom blend fertilizer is available from Shakopee, MN only. Custom blends are for bulk shipment only with a minimum of 2,500 gallons. Blended fertilizer will be filled at one time and on one truck. Custom blend fertilizer will be manufactured for delivery to the following states: IA, ND, NE, MI, MN, MO, and SD. Custom blend fertilizers for the above states are blends of existing Conklin Feast N-P-K, sulfur (Side-Kick) and chelated micronutrient products. Shipment to states other than those listed above is prohibited. Custom blend fertilizer manufactured for delivery into Wisconsin will be comprised of Conklin Feast N-P-K and sulfur (Side-Kick) only. Shipment of blends consisting of any other material into WI is prohibited. Pricing: Custom blend pricing will be calculated as follows: Feast N-P-K and sulfur (Side-Kick) components will be priced at the then current bulk price. If 250 gallons or more of a single chelated micronutrient component per shipment is ordered, bulk pricing will be used; if less than 250 gallons is ordered of a single chelated micronutrient component per shipment, the largest packaged price per gallon will be used (Mini-Bulk price: B, Zn, Mn, & Ca; drum price: Cu; 5 gallon price: Fe & Mg). A blending fee of $0.05 per gallon will be added to the order. Ordering: Custom blend fertilizer is ordered through Conklin Sales Center and scheduled through the Conklin Distribution Department by the individual quantity of component fertilizers and micronutrients. The Custom Blend Order form must be ed to orders@conklin.com or faxed to prior to placing your order. Custom blend fertilizer orders consist of one order and are placed in one customer account. Shipping: Custom blend fertilizer must be scheduled and confirmed with a minimum lead time of five business days. Scheduled pickup of custom blend fertilizers will be closely monitored. Pickup times must be adhered to. Custom blend analysis will be documented on the bill of lading and fertilizer invoice. Components will be listed in both pounds and gallons individually on the bill of lading. Storage & Stability: Conklin will not accept liability for the stability of each blend, the customer accepts full responsibility for custom blend fertilizer stability. Conklin will not accept liability for the condition of on farm fertilizer storage or containment facilities. Custom blend fertilizer is not compatible for over winter storage. Refer to Feast Fertilizer Shipping & Storage Guidelines The AgroVantage System limits the amount of Feast Fertilizers and micronutrients that can be applied in starter and foliar applications. It is important to make certain that these limits are not exceeded. 5

6 Feast Fertilizer Shipping & Storage Guidelines To ensure fertilizer grades shipped and stored over winter maintain the high quality and integrity of Feast Fertilizer the following shipping and storage guidelines are in effect: Shipping Guidelines: Prior to fertilizer being loaded at manufacturing facility, shipper will sign a release stating that the shipping vessel is free of contaminants. If shipper is unable to provide a wash out certificate or sign a waiver of liability, Conklin may refuse to pump into the vessel. Conklin recommends collecting retains prior to pumping off shipping vessel to on farm storage containers. If retain from shipping vessel does not appear clear and within Conklin specification range, do not unload fertilizer into storage containers. Ensure all lines, pumps, filters and tanks are free of contaminants. Feast Fertilizer is incompatible with UAN solution except for Feast w6S. Never ship fertilizer in a vessel that has hauled UAN solution and has not received a thorough wash out. Feast Fertilizer must be shipped as ordered in separate compartments. Customer is responsible for arranging multiple compartment vessels for transportation of multiple grades. Blending in shipment vessel at time of pickup at manufacturing facility is a violation of State Fertilizer Registration Laws. Storage Guidelines: Conklin has engineered Feast Fertilizers to be as cold weather tolerant as chemically possible. Conklin will not accept liability for product defects resulting from storing Feast Fertilizers specified as NOT compatible for over winter storage. Over winter storage is defined as storing fertilizer through the months of November, December, January and February. Feast Fertilizers compatible for over winter storage: w2S Feast Fertilizers NOT compatible for over winter storage, regardless of ship date: Any Feast Fertilizer not listed above including custom blends. Proper procedures for handling Feast Fertilizers that are compatible for over winter storage: Ensure all storage containers and equipment are designed to tolerate freezing temperatures and the expansion associated with freezing aqueous solutions. Fertilizer will freeze solid at low temperatures. Upon thawing, thoroughly agitate Feast Fertilizer to ensure a homogenous solution. Acceptable materials for storage include: fiberglass, stainless steel and polyethylene. Pumps, pipes and fittings should be made of stainless steel, poly propylene, CPVC, epoxy, Kynar and vinyl-reinforced flexible tubing such as Mayon or Tygon. The use of brass, bronze, aluminum or cast iron is not recommended for wetted parts. 6

7 Conklin Feast Fertilizer Commission, s & Other Compensation Conklin Managers must be Commission Active to receive Commissions and other Compensation. Contact your Conklin Director or refer to the Conklin Reference Guide for Commission Active requirements Feast Fertilizer Bulk, Mini-Bulk, & 55-Gallon Commissions & Other Compensation Program Feature Available for Purpose How to Utilize Field Management Commission Sales & Service Commission Pro Ag Training AgroVantage Cash Early Purchase Rebate Early Shipping Rebate Early Shipping Rebate Bulk, Mini-Bulk & 55 Gallon Drum Commission Value (CV) per gallon: $ $ $ w2S $ w0.5B $ w3S $ w17S $ w6S $ w3S $ w3S, 0.02ZN $2.70 Premium Plus Turf $ $ $2.60 Bulk and Mini-Bulk $0.45 per gallon Bulk, Mini-Bulk and 55 Gallon Drum $0.05 per gallon Cash AgroVantage Orders Bulk and Mini-Bulk Bulk , , w2S Bulk Side-Kick, , w2S, w3S, w3S & 0.02Zn And all other blends waiver required Provides incentive for field managers to build an organization based on fertilizer sales. Provides incentive to Conklin Managers Directors, District Managers, Team Leaders and Sales Managers - to sell, coordinate and deliver orders of bulk and mini-bulk fertilizer products. Provides discount for Pro Ag Trainees Provides discount for cash orders Provides rebate to placed by manager upon shipment for early purchase of bulk fertilizer Provides incentive to deliver product early in the fertilizer season. Provides incentive to deliver product early in the fertilizer season. Dependent upon field management level, managers will earn commission (CV times the appropriate override percentage) each cycle that fertilizer orders are paid. The Conklin Manager must specify the placement of the Sales and Service Commission when ordering fertilizer. A Manager has the option to have this commission deducted from any single bulk truckload (4,000 gallon minimum) order at the time of order placement. Attend Pro Ag 1 or 2 as a discount option or audit Pro Ag 1 or 2 Training in the past 5 years. Pro Ag Training applies only to orders placed in the qualified customer s account at time of full payment. Purchase AgroVantage Product from August 1, 2012 until April 30, 2013 with wire transfer, check or PAC and receive a $0.05 discount. Order and pay for fertilizer by November 9, 2012 and ship fertilizer by December 7, 2012 and an additional $0.05 per gallon rebate will be paid to the placed by manager upon shipment. August 1, 2012 to December 7, 2012 Receive $0.30 per gallon rebate for , and w2S shipped December 10, 2012 to January 11, 2013 Receive $0.20 per gallon rebate for , and w2S shipped August 1, 2012 to December 7, 2012 Receive $0.20 per gallon rebate for shipment of listed Feast Fertilizers. Customer must sign a waiver of liability and accept all liability for products listed as Conklin has specified that the products as NOT compatible for over winter storage. February 11, 2013 to March 15, 2013 Receive $0.20 per gallon rebate for shipment of listed Feast Fertilizers. 7

8 High Volume Incentive Rebate Bulk Provides incentive to maximize fertilizer sales volumes Field managers who Purchase and Ship: 1. A minimum of 20,000 gallons between August 1, 2012 and January 11, 2013 will receive $0.10 per gallon rebate from January 14th through the remainder of the program year. OR 2. 40,000 or more gallons between August 1, 2012 and January 11, 2013 will receive $0.15 per gallon rebate from January 14th through the remainder of the program year. Fertilizer purchases qualify for either the Early Shipping Rebate or the High Volume Incentive Rebate, whichever is greater. Attend AgroVantage Field Day and Purchase: 1. A minimum of $4,000 of Feast fertilizer, AgroVantage Companion products and/or Crop Input Units by December 31, 2012 and receive a $0.02 per gallon discount on Feast fertilizer until July 31, OR 2. A minimum of $8,000 of Feast fertilizer, AgroVantage Companion products and/or Crop Input Units by December 31, 2012 and receive a $0.05 per gallon discount on Feast fertilizer until July 31, Field Day Attendance Incentive Bulk, Mini-bulk and 55 Gallon Drum Provides incentive to attend field day 8

9 AgroVantage Companion Products Program Progressive farmers utilize our world-class crop management system 9

10 AgroVantage Companion Products Program All non-feast Fertilizer (N-P-K-S) products comprise the AgroVantage Companion Products Program The Conklin AgroVantage Program covers all Independent Business Owners (IBOs), Preferred and Wholesale Customers, and Commercial Purchasers (collectively, Customers ) purchasing Conklin s Feast Fertilizers and AgroVantage Companion products. The Conklin AgroVantage Program is comprised of the Feast Fertilizer and AgroVantage Companion Products. Technical questions: Tim Carlson, CCA Senior Product Specialist tim.carlson@conklin.com Jay Hunnicut Product Specialist jay.hunnicut@conklin.com Program questions: Dan Willgohs Category Marketing Manager dan.willgohs@conklin.com AgroVantage Companion Products Program is effective August 1, 2012 July 31, 2013 Conklin will provide a 5 day notice for price increases for AgroVantage Companion products. Price change notifications will be made via VoiceLink and eblast to preferred IBO . All prices are FOB Shakopee, MN. For Package Size and Pricing refer to most current pricelist on Products available in bulk from Shakopee, MN 250 gallon minimum per formula will apply per pickup (may combine multiple orders filled into a minimum 250 gallon container) All orders not shipped before July 31, 2013, will be cancelled and payment will become part of the general deposit account of the customer and may be used toward the purchase of any Conklin products. John Deere Credit financing options are available. For more information, go to or Conklin will not accept liability for the condition of on farm storage or containment facilities (see page 6). Product shipment and/or pickup must be scheduled with the Distribution Department at least three (3) days in advance. As Magnify LST is sensitive to both hot and cold temperatures, Conklin typically begins shipping Magnify LST in mid to late March depending upon temperature. This is done to avoid freezing the product. Due to this temperature sensitivity, Conklin will not be responsible for back order freight for shipments scheduled before temperature allow safe shipments. 10

11 AgroVantage Companion Product s Effective Date: August 1, 2012 Pro Ag : Customers with current Pro Ag 1 or 2 Training will receive a 3% discount on all AgroVantage Companion Product. To remain eligible, you must have attended as a discount option or audited Pro Ag 1 or 2 Training in the past 5 years. This discount is not cumulative or in addition to Lawn Pro 1 Training discounts. Certified Crop Advisor (CCA) : Certified Crop Advisors (CCA) are eligible to receive a 2% discount on all AgroVantage Companion Product purchases. To receive this discount, you are required to send in your CCA card annually for verification. AgroVantage Cash : Order and pay for AgroVantage Companion Products from August 1, 2012 until April 30, 2013 with wire transfer, check or PAC and receive a 1.5% discount. Early Purchase : Purchase Period Aug. 1, 2012 Nov. 9, % Nov. 10, 2012 Jan. 11, % One-Price Option : Purchase $8,000 of AgroVantage Companion Products or Crop Input Units through TSO Program between August 1, 2012 and December 31, 2012 to receive a 5% discount on AgroVantage Companion Products until July 31, This discount applies only to purchases in the purchasing customer s account. Dry Calcium Product purchases are not eligible. Field Day Attendance : Attend a Conklin AgroVantage Field Day and purchase: A minimum of $4,000 of Feast fertilizer, AgroVantage Companion products or Crop Input Units by December 31, 2012 and receive a 1% discount until July 31, 2013 on AgroVantage Companion products. OR A minimum of $8,000 of Feast fertilizer, AgroVantage Companion products or Crop Input Units by December 31, 2012 and receive a 2% discount until July 31, 2013 on AgroVantage Companion products. Total s Available: Purchase Period Pro Ag CCA Early Purchase AgroVantage Cash AgroVantage Field Day Attendance Total Available Aug. 1, 2012 Nov. 9, % 2% 12% 1.5% 1% or 2% 19.5% or 20.5% Nov. 12, 2012 Jan. 11, % 2% 7% 1.5% 1% or 2% 14.5% or 15.5% Calcium Products (98G & SO4) purchases are not eligible for training or other discounts. 11