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494639v2 JSB AR200-17 THIS FIRST AMENDMENT TO ABATEMENT CONTRACT FOR PRIVATE DEVELOPMENT (the “First Amendment”) is made and entered into this ____ day of March, 2017, between the CITY OF ARDEN HILLS, MINNESOTA, a municipal corporation under the laws of Minnesota (the “City”), RAMSEY COUNTY, MINNESOTA, a political subdivision of the State of Minnesota (the “County”) and LAND O’LAKES, INC., a Minnesota cooperative corporation (the “Developer”), and their permitted assigns. RECITALS WHEREAS, on April 12, 2016, the City, the County and the Developer heretofore entered into that certain Abatement Contract for Private Development (the “Original Agreement” and, together with this First Amendment to Abatement Agreement, the “Abatement Agreement”); WHEREAS, capitalized terms used in this First Amendment and not otherwise defined herein have the meanings given to them in the Original Agreement; and WHEREAS, the City, the County and the Developer desire to amend the Original Agreement to reflect the original base number of jobs located at the Developer’s Arden Hills and Shoreview, Minnesota locations which had incorrectly included 8 jobs from other locations in Minnesota; NOW, THEREFORE, in consideration of the premises and the mutual obligations of the parties hereto, each of them does hereby covenant and agree with the other as follows: 1. 3.8 (b) Job and Wage Goals. b) The Developer represents that as of April 11, 2016 it has 1,730 Full-Time Equivalent permanent, non-contract, non-seasonal employees in the Developer’s Arden Hills and Shoreview, Minnesota locations. The Company will transfer the employees currently located at the Shoreview, Minnesota location to the Arden Hills, Minnesota location by the Compliance Date. On or before the Compliance Date, the Developer shall cause to be created at least 200 new Full-Time Equivalent jobs (the “New Jobs”) for a total of 1,930 Full-Time Equivalent jobs on the Development Property and shall cause the wages for all New Jobs on the Development Property to be no less than $18.00 per hour, exclusive of Benefits (the “Subsidy Jobs”). Any jobs created after April 11, 2016 will be considered New Jobs and count toward the Developer’s job creation goals. The City and the County each may, after a public hearing, extend the deadlines for the goals described in this clause (b) by up to one year, provided that nothing in this section will be construed to limit the City’s and the County’s respective legislative discretion regarding this matter. 4. Any capitalized terms used herein but not otherwise defined shall have the meanings assigned to such terms in the Original Agreement. Any references to the “Agreement” or “this Agreement” in the Original Agreement shall refer to the Original Agreement, as amended by this First Amendment, and as may be further amended and supplemented. 5. The amendments made to the Original Agreement, as amended by this First Amendment, shall be effective as of the date hereof.