Form of Executive Life Insurance Plan

Exhibit 10.15

PARTICIPATION AGREEMENT

CORN PRODUCTS INTERNATIONAL INC. EXECUTIVE LIFE INSURANCE PLAN

abNamebb

abNamebb (herein the " Participant" ), and Corn Products International Inc., a Delaware corporation (" Corn Products" ), enter into this Participation Agreement (the " Agreement" ) effective as of January 1, 2001.

Corn Products makes available to eligible employees certain benefits pursuant to the Corn Products International Inc. Executive Life Insurance Plan (the " Plan" ) and in order to benefit from such Plan, an eligible employee is required to execute a Participation Agreement in this form. The Participant desires to participate in the Plan.

Therefore, the Participant and Corn Products agree as follows:

1. Corn Products hereby recognizes the Participant as a participant in the Plan subject to all of the terms and conditions of the Plan and all related documents including this Agreement. 2. The Participant hereby acknowledges that the Participant' s coverage under the basic life insurance provided through the Participant' s employer, if any, is terminated as of December 31, 1999. 3. Pursuant to the terms of the Plan, the Participant agrees to file an application for a life insurance policy (the " Policy" ) on his or her life, through the procedure established by Corn Products. 4. Upon the death of the Participant, the Participant' s designated beneficiary shall receive the amount provided in Exhibit A attached to this Agreement, and Corn Products shall be repaid for its premium payments (not including the portion of the premiums paid by the employee through withholding or otherwise). 5. The terms of the Plan are hereby incorporated in this Participation Agreement by this reference, and by the execution of this Agreement, the Participant agrees to, acknowledges, and accepts, all of the terms and conditions of the Plan, specifically including but not limited to: (i) the withholding from the Participant' s wages of amounts equal to the Participant' s share of the premium payments under the Policy (a schedule showing the Participant' s share of the premiums to the year the Participant attains age 65, or if longer the 15th year from the Policy date, is set out in Exhibit A attached to this Agreement); (ii) Corn Products' right to retain possession of the Policy as agent for the Participant (subject to the Participant' s right to inspect the Policy as provided in the Plan); (iii) the requirement that the Participant execute a collateral assignment of the Policy in a form acceptable to Corn Products; and (iv) Corn Products' rights to amend or terminate this Agreement or the Plan at any time, subject to the Participant' s rights, if any, established at such time under this Agreement. 6. The Participant may terminate this Agreement at any time on thirty (30) days written notice to the Corn Products Pension and Welfare Committee at the address provided in the Summary Plan Description for the Plan.

The Participant and Corn Products have executed this Participation Agreement effective as of the 1st day of January, 2000.

CORN PRODUCTS INTERNATIONAL INC. By: Print Name: Signature of ParticipantPrint Title:


COLLATERAL ASSIGNMENT

CORN PRODUCTS INTERNATIONAL INC. EXECUTIVE LIFE INSURANCE PLAN

abNamebb

abNamebb (herein the " Participant" ), and Corn Products International Inc., a Delaware corporation (" Corn Products" ), have entered into a Participation Agreement (the " Agreement" ), and pursuant to the Corn Products International Inc. Executive Life Insurance Plan (the " Plan" ), and in accordance with the Agreement, the Participant will file Application Number for a life insurance policy (the " Policy" ) on his or her life with Northwestern Mutual Life Insurance Company (the " Insurer" ). Under the terms of the Agreement and for value received, the Participant has agreed to execute this Collateral Assignment to secure payment of the amounts to which Corn Products is entitled under the Agreement and the Plan (such amounts are herein called the " Liabilities" ).

The Participant agrees that this Collateral Assignment shall be enforceable and shall take effect simultaneously with the b ...