MC_2011_318_X10_Ldr_Pgm_091911_v2 by calypsomediagroup

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									McCormick® Sales Bulletin #2011-318

To:                     McCormick USA Consumer Equipment Dealers

Subject:                X10 Series Tractor Special Retail & Free Loader Program

Program Dates: September 19 – December 31, 2011

McCormick USA is enhancing the current X10 Series Tractor September program #2011-316 by offering an
additional new X10 Tractor Series Tractor program #2011-318, which includes a FREE LOADER.
This program covers tractors in this family only, sold-retail, delivered to an end-user and registered for
warranty during the program period September 19, 2011 through December 31, 2011, by McCormick
USA Consumer Equipment Dealers purchasing the new X10 Series Tractors. This retail program applies to
existing USA inventory only.

    Choose Either Early Pay Discount or Standard Floor Plan Terms

            Early pay discount of 3% if paid within 30 days of invoice date
                  • Good for X10 tractors and loaders for X10 tractors
                  • Dealer must indicate cash terms at time of discount

                               Plus
    Choose one of the following retail options:
                                 Cash In Lieu
            *Free Loader        Plus Standard          Special          Special         Special          Special
           Plus Standard              Rate            Low Rate         Low Rate        Low Rate         Low Rate
           Rate Financing          Financing          Financing        Financing       Financing        Financing
           (4.7% for up to      (4.7% for up to       0% for 36        0% for 48       2.99% for        3.99% for
 Model       84 months)           84 months)           Months           Months         60 Months        72 Months
 X10.25        $2,511                $2,000              Yes              Yes             Yes              Yes
 X10.30        $3,287                $2,500              Yes              Yes             Yes              Yes
 X10.35        $3,287                $2,500              Yes              Yes             Yes              Yes
 X10.40        $4,151                $4,000              Yes              Yes             Yes              Yes
 X10.50        $4,590                $4,000              Yes              Yes             Yes              Yes
 X10.55        $5,128                $4,000              Yes              Yes             Yes              Yes
 X10.75     Not Available            $4,500              Yes              Yes             Yes              Yes
 X10.90     Not Available            $3,000              Yes              Yes             Yes              Yes

        *Free loader program will provide a settlement allowance for invoice amount of bucket,
        loader arms, joystick, and mounts. Freight and loader installation charges are not included.

        *Settlement for tractor and loader must be made at the same time to be eligible for this
        program.

        *Dealer must reorder an X10 tractor and loader when using this program.

        *Cannot be combined with Governmental or Multi-Unit Discount Programs




      McCormick International USA, Inc. • 2590 Breckinridge Boulevard • Duluth, Georgia 30096 • www.mccormickusa.com
McUSA 2011-318: page 2 of 3



DSI will be in addition to any option above in the following amounts:

    •    X10 Tractors = $100
    •    Loaders for X10 Tractors = $50

These Dealer Salesperson Incentives are applicable for new McCormick X10 Series Tractors
sold-retail and registered for warranty during the program period. X10 Loaders sold with the
tractor must be settled with the eligible tractor and the warranty registered.

In order for a salesperson to qualify, the DSI claim must be made through the McCormick USA
Xchange system within 10 days of the start date for each qualifying sale. Any claim received after
the 10-day window will be ineligible to receive payment. Attachments sold with the tractor must
also be registered to receive payment. DSI payments will be tracked and paid on a monthly basis.
Any and all applicable taxes are the responsibility of the DSI recipient.


The following program rules will apply for all programs and options:

These programs apply to McCormick X10 Series tractors sold-retail, delivered to an end-user, and
registered for warranty during the program period September 19 – December 31, 2011, by McCormick
Consumer Equipment dealers.
         1. In order to get current retail financing incentives through Agricredit, Dealer must submit OWR
              (owner warranty registration), by the last day of the current published Program and settlement
              or retail finance contract must be completed and submitted within 10 days from the end of the
              current published Program for tractor and all attachments sold with it.

         2. McCormick USA reserves the right to terminate these programs in their entirety, or to modify
              the terms/conditions of these programs, with five days notice.

         3. All McCormick USA Consumer Equipment retail distributors in good standing with McCormick
              International USA, Inc. and/or Agricredit are eligible for these programs.

         4. These programs apply to the retail sale of X10 Series tractors and attachments in current
              dealer inventory and/or McCormick Company stock. These programs do not apply to new
              orders for future factory build or new product families.

         5. McCormick loaders, backhoes, mowers and all McCormick by Woods attachments sold with
              McCormick tractors will qualify for the same retail finance as the tractor with which they are
              sold-retail. Loaders / backhoes / mowers and all McCormick by Woods attachments must be on
              the same retail contract as the tractor with which they are sold. Implements sold separately are
              not eligible for McCormick-sponsored programs. This does not include Taylor Pittsburgh
              manufactured McCormick branded products. Preceding program applies to McCormick X10
              Tractors, loaders, backhoes and mowers packages and all McCormick by Woods attachments
              sold together with X10 Tractors.

         6. The maximum amount financed for retail installment contracts on X10 series tractors shall be
              as outlined in the above table for the respective model and finance term.

         7. In the event a McCormick tractor is financed with other, non-McCormick implements, the
              maximum amount financed for the low rate offering remains the net invoice value of the
              McCormick-invoiced equipment. If the total amount financed exceeds this value, McCormick
              Credit will “blend” the package rate or the dealer may “buy-down” the additional amount.




        McCormick International USA, Inc. • 2590 Breckinridge Boulevard • Duluth, Georgia 30096 • www.mccormickusa.com
McUSA 2011-318: page 3 of 3




        8. McCormick X10 Series Tractors (with the exception of the X10.75 and X10.90) and Implements
             require a separate Consumer Equipment Distribution Agreement. Contact the office or your
             District Director to receive copy of the contract prior to placing your orders.

        9.    It is the dealer’s responsibility to ensure that they are properly utilizing the manufacturer
             authorized programs when selling products. If there are questions, contact your District Director
             prior to quoting the product in question.


        10. In order to deduct discounts and credits from the payment owed to McCormick International
             USA, Inc. or owed to Agricredit, if the unit is floor planned with a third party financing company,
             Dealer must obtain a valid authorization number and submit it on the current excel settlement
             worksheet to settlement@mccormickusa.com. The authorization numbers received by the
             Dealer will expire after 10 days from the submission of the settlement sheet. Authorization
             requests to take current published Programs must be submitted by Dealer by the last day of the
             current published Program.

        11. Discounts will not be allowed on miscellaneous charges invoiced on whole goods invoices (i.e.
             freight, installation, surcharge, etc). Discounts will only be allowed on serialized units (i.e.
             tractors, loaders, backhoes and mowers).

        12. McCormick International USA, Inc. will make final program interpretation.

McCormick Sales Department
McCormick International USA, Inc.




       McCormick International USA, Inc. • 2590 Breckinridge Boulevard • Duluth, Georgia 30096 • www.mccormickusa.com

								
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