Dow AgroSciences (Dow) and Monsanto announce a global business agreement that establishes cooperative arrangements.

Dow AgroSciences (Dow) and Monsanto announce a global business agreement that establishes cooperative arrangements that will give farmers new technology options and more choice in the products to meet their needs.

Under this agreement:

* Dow and Monsanto cross licensed intellectual property and product licenses in corn and soybeans on a non-exclusive basis.

* Dow and Monsanto also established cross licenses of cotton technologies on a non-exclusive basis.

* Dow and Monsanto also established non-exclusive cross licenses of certain enabling technologies.

The companies agreed to settle outstanding legal disputes.