Toro 2010 Annual Report Download - page 80

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6
14. No Right to Continue Employment or Service. Neither the Plan, this Performance Share
Award, the Performance Share Award Acceptance Agreement nor any related material shall give
you the right to continue in employment by or perform services to Toro or any Affiliate or
Subsidiary or shall adversely affect the right of Toro or any Affiliate or Subsidiary to terminate
your employment or service relationship with Toro or any Affiliate or Subsidiary with or without
cause at any time.
15. Governing Law. This Agreement and the Performance Share Award Acceptance
Agreement shall be construed, administered and governed in all respects under and by the
applicable laws of the State of Delaware, excluding any conflicts or choice of law rule or
principle that might otherwise refer construction or interpretation to the substantive law of
another jurisdiction.
16. Conflict. To the extent the terms of this Agreement or the Performance Share Award
Acceptance Agreement are inconsistent with the Plan, the provisions of the Plan shall control
and supersede any inconsistent provision of this Agreement or the Performance Share Award
Acceptance Agreement.
17. Non-Negotiable Terms. The terms of this Performance Share Award and the
Performance Share Award Acceptance Agreement are not negotiable, but you may refuse to
accept this Performance Share Award by notifying Toro’s Vice President, Secretary and General
Counsel in writing.
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