Document 37ZZQXGyBp68xgmN0nwBw1r3
SEPARATION AGREEMENT BY AND BETWEEN
PHARMACIA CORPORATION AND
MONSANTO COMPANY
DATED AS OF SEPTEMBER 1, 2000
SCHEDULE M-7 MONSANTO LIABILITIES: OTHER
Contract related to the Monsanto "Beautiful Science" Epcot Exhibit in Orlando, Florida.
Corporate commitments / liabilities for the following charitable pledges: $2.8 million ($400,000 per year) to the Field Museum payable in March 2001 through 2007. $400,000 ($200,000 per year) to the Missouri Botanical Garden payable in April 2001 and 2002. $250,000 payable to Mexico CIMMYT in May of 2001 and 2002 in the amount of $120,000 and $130,000, respectively. $75,000 to the Africa Farm Project, payable in October 2000. $50,000 to the Center for Study of American Business, payable in June 2001. $20,000 to the China Agricultural University, payable in October 2000. $20,000 to the Fudan University, payable in October 2000. $12,000 to the Monsanto Demonstration Village, in China, payable in July 2001.
Funding of Holden's Trust in the amount of $20 million.
y
Agent Orange Monsanto is currently involved in eleven open litigations alleging Agent Orange exposure. They are grouped in three categories:
1. US Veterans suing in IJS courts
Bong Ham Cha v. Dow and Monsanto, USDC, CA, Northern District, Cause No. C 942513-SC
Joe Isaacson v. Dow and Monsanto, US Court of Appeals, 2nd District, No. 00-7311 Felix Long v. Dow and Monsanto, USDC, OH, Cause No. C2-97-142 Rodney Miller v. Diamond Shamrock, et al., TX State Court, 117th Judicial District Court, Nueces County, Cause No. 95-02718B Stephenson v. Dow and Monsanto, USDC, LA, Lafayette-Opelousas, Cause No. 99-0296 Margaret Winters v. Dow and Monsanto, USDC, TX, Beaumont County, Cause No. 97 40113
2. Korean Veterans suing in IJS courts
Ok-Lee v. Dow and Monsanto, USDC, PA, Eastern District, Cause No. 00-CV-6127
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3. Korean Veterans and Civilians suing in Korean courts
Korean Veterans v. Monsanto and Dow, filed in South Korea II Ra v. Monsanto and Dow, filed in South Korea Jang v. Dow and Monsanto, filed in South Korea Kim v. Dow and Monsanto, filed in South Korea
Monsanto Research Corporation Monsanto has only one current litigation related to Mound Lab.
Katherine Levell v. MRC. USDC,OH- Southern District of Western Ohio, Cause No. C 3-95-312.
Asbestos Litigation Monsanto has a variety of asbestos related litigation. Those in AR, are premises cases related to the Lion Oil El Dorado facility. The CA cases are premises matters all related to the Avon Plant in Martinez, CA and are considered Enviro-Chem/ Leonard Construction related. The LA cases are premises and product (Nokorode) cases related to the Luling plant and are Ag Company liabilities.
Dioxin-related Superfund liabilities Monsanto is a party to a Consent Order to investigate the Heizer Creek landfill. Robert Carter v. Monsanto. Solutia et al. (West Virginia)
Other 1. Pioneer Hi-Bred International v. Asgrow Seed Company. USDC, IA, Southern District, Central Division, Cause No. 4:98-CV-70577, as well as any potential liability of Pharmacia Corporation to Empresas La Modema, S.A. and Seminis, Inc., pursuant to an indemnification obligation relating to such matter, subject to a reserve or other mutually satisfactory funding arrangement provided to Monsanto Company by Pharmacia Corporation in the amount of Two Million Dollars ($2,000,000).
2. E. I. De Nemours v. Monsanto and Asgrow Seed Company. USDC, DE, Cause No. 00-359., as well as any potential liability of Pharmacia Corporation to Empresas La Modema, S.A. and Seminis, Inc., pursuant to an indemnification obligation relating to such matter
All guarantee obligations related to sale of suites by The Rams Football Company, Inc.
Box Commitment Agreement, dated as of December 8, 1992, relating to certain luxury boxes at Kiel Center
Hawker 800 Aircraft (lease obligations
All obligations relating to Danforth Plant Science Center
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Nidus Center obligations Any Liability primarily related to the Pharmacia Business that is held by a member of the Monsanto Group organized under the laws ofjurisdictions outside the United States or operating outside the United States, which Liability cannot practicably be transferred to a member of the Pharmacia Group, and which Liability is not intended by the parties to be a Delayed Transfer Liability or a Liability related to a Sale or Non-Sale Asset; including without limitation: Intercompany Items described on Schedule 2.04; Third Party payables relating to products of the Pharmacia Business, which payables will be retained by members of the Monsanto Group in Canada, Poland and Malaysia.
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