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<P align="center"><FONT size="2">As filed with the Securities and Exchange Commission on September &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2002</FONT>




<P align="right"><FONT size="2">Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>

<P align="center"><FONT size="2"><B>SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, D.C. 20549</B>
</FONT>

<P align="center"><FONT size="2"><B>FORM S-8</B>
</FONT>

<P align="center"><FONT size="2"><B>REGISTRATION STATEMENT<BR>
UNDER<BR>
THE SECURITIES ACT OF 1933</B>
</FONT>

<P align="center"><FONT size="2"><B>THE TORO COMPANY</B><BR>
(Exact name of registrant as specified in its charter)</FONT>




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        <TD width="5%">&nbsp;</TD>
        <TD width="44%">&nbsp;</TD>
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        <TD align="center" valign="top"><FONT size="2">Delaware<BR>
(State or other jurisdiction<BR>
of incorporation or organization)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
41-0580470<BR>
(I.R.S. Employer<BR>
Identification Number)</FONT></TD>
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        <TD width="100%">&nbsp;</TD>
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<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2">8111 Lyndale Avenue South<BR>
Bloomington, Minnesota 55420<BR>
(Address of principal executive offices) (Zip Code)</FONT></TD>
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<P align="center"><FONT size="2"><B>THE TORO COMPANY<BR>
INVESTMENT, SAVINGS AND EMPLOYEE STOCK OWNERSHIP PLAN</B><BR>
(Full title of the plan)</FONT>




<P align="center"><FONT size="2">J. Lawrence McIntyre, Esquire<BR>
Vice President, Secretary and General Counsel<BR>
The Toro Company<BR>
8111 Lyndale Avenue South<BR>
Bloomington, Minnesota 55420<BR>
Telephone number: (952)&nbsp;888-8801<BR>
(Name, address and telephone number of agent for service)</FONT>




<P align="center"><FONT size="2">Copy to:<BR>
Helen P. Starr, Esquire<BR>
Perkins Coie LLP<BR>
607 Fourteenth Street, NW<BR>
Washington, D.C. 20005</FONT>




<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B>
</FONT>

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        <TD width="3%">&nbsp;</TD>
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        <TD width="4%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
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        <TD colspan="17"><HR size="1" noshade></TD>
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        <TD nowrap align="left"><FONT size="1"><B>Title of</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Proposed</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Proposed</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>

        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
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        <TD nowrap align="left"><FONT size="1"><B>securities to</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Amount to</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>maximum offering</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>maximum aggregate</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Amount of</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="left"><FONT size="1"><B>be registered</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>be registered</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>price per share</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>offering price</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>registration fee</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>

        <TD colspan="3"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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<TR valign="top" bgcolor="#eeeeee">
        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Common Stock, par value $1.00 per
share (a)</FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="2" align="center"><FONT size="2">500,000&nbsp;shares&nbsp;(b)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="2" align="center"><FONT size="2">$56.05&nbsp;(c)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="2" align="center"><FONT size="2">$28,025,000&nbsp;(c)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="2" align="center"><FONT size="2">$2,579&nbsp;(d)</FONT></TD>

</TR>

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        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Interests in the Plan (e)</FONT></DIV></TD>
</TR>
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        <TD colspan="17"><HR size="1" noshade></TD>
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        <TD width="1%" align="left" nowrap><FONT size="2">(a)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">Each share of Common Stock has attached thereto one Preferred Share
Purchase Right. Value attributable to such Rights, if any, is reflected
in the market price of the Common Stock.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
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        <TD width="1%" align="left" nowrap><FONT size="2">(b)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">An indeterminate number of shares may be issued from time to time to
individuals who participate in the Plan. The maximum number of shares
that will be issued under this Registration Statement is 500,000.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
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        <TD width="1%" align="left" nowrap><FONT size="2">(c)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">Estimated solely to calculate the registration fee, pursuant to Rule
457(c) and Rule&nbsp;457(h), on the basis of the average of the high and low
prices in the consolidated reporting system on September&nbsp;18, 2002 as
reported on the New York Stock Exchange Composite Tape.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="1%" align="left" nowrap><FONT size="2">(d)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">Restricted fee to be applied to account number 737758.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
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        <TD width="1%" align="left" nowrap><FONT size="2">(e)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">Pursuant to Rule&nbsp;416(c) under the Securities Act of 1933, this
registration statement also covers an indeterminate amount of interests to
be offered pursuant to the employee benefit plan described herein.</FONT></TD>
</TR>
</TABLE>


<P align="center"><FONT size="2">1</FONT>

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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">INCORPORATION BY REFERENCE</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">AMENDMENT TO CHANGE PLAN NAME AND MERGE PLAN WITH THE TORO COMPANY EMPLOYEE<BR> STOCK OWNERSHIP PLAN</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">AMENDMENT TO INCREASE SHARES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#003">PART II</A></TD></TR>
<TR><TD colspan="9"><A HREF="#004">INFORMATION REQUIRED IN REGISTRATION STATEMENT</A></TD></TR>
<TR><TD colspan="9"><A HREF="#005">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#006">POWER OF ATTORNEY</A></TD></TR>
<TR><TD colspan="9"><A HREF="#007">EXHIBIT LIST</A></TD></TR>
<TR><TD colspan="9"><A HREF="c71943exv5.htm">EX-5 Opinion of Counsel Regarding Legality</A></TD></TR>
<TR><TD colspan="9"><A HREF="c71943exv23wxby.htm">EX-23.(b) Consent of KPMG LLP</A></TD></TR>
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<!-- link1 "INCORPORATION BY REFERENCE" -->
<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>INCORPORATION BY REFERENCE</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Registration Statement is filed pursuant to Instruction E of Form&nbsp;S-8
and relates to Registrant&#146;s Registration Statement on Form&nbsp;S-8 (No.&nbsp;333-39052),
filed with the Securities and Exchange Commission on May&nbsp;24, 1995, as amended
by Amendment No.&nbsp;1 dated June&nbsp;30, 1999. Under that Registration Statement,
Registrant registered a total of 1,000,000 shares of Common Stock to be offered
and sold in connection with The Toro Company Investment and Savings Plan. This
Registration Statement amends the name of that plan and increases to 1,500,000
the number of shares registered for issuance.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The contents of Registrant&#146;s Registration Statement on Form&nbsp;S-8 (No.
333-39052), as amended, are incorporated by reference in this Registration
Statement.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As permitted by the instructions to Form&nbsp;S-8, this Registration Statement
omits the information specified in Part I of Registrant&#146;s Registration
Statement on Form&nbsp;S-8.

</FONT>


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<DIV align="left"><A NAME="001"></A></DIV>
<P align="center"><FONT size="2"><B>AMENDMENT TO CHANGE PLAN NAME AND MERGE PLAN WITH THE TORO COMPANY EMPLOYEE<BR>
STOCK OWNERSHIP PLAN</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective January&nbsp;1, 2002, the Board of Directors of Registrant approved
an amendment to merge The Toro Company Investment and Savings Plan and The Toro
Company Employee Stock Ownership Plan and to change the name of the merged
plans to The Toro Company Investment, Savings and Employee Stock Ownership Plan
(the &#147;Plan&#148;).

</FONT>


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<DIV align="left"><A NAME="002"></A></DIV>
<P align="center"><FONT size="2"><B>AMENDMENT TO INCREASE SHARES</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On September&nbsp;19, 2002, the Board of Directors of Registrant approved an
amendment to the Plan to increase the number of shares of Common Stock that may
be issued under the Plan from 1,000,000 to 1,500,000.

</FONT>


<P align="center"><FONT size="2">2</FONT>

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<!-- link1 "PART II" -->
<DIV align="left"><A NAME="003"></A></DIV>
<P align="center"><FONT size="2"><B>PART II</B>
</FONT>

<!-- link1 "INFORMATION REQUIRED IN REGISTRATION STATEMENT" -->
<DIV align="left"><A NAME="004"></A></DIV>
<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN REGISTRATION STATEMENT</B>
</FONT>

<P align="left"><FONT size="2"><B>ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The rules of the Securities and Exchange Commission allow the Registrant
to incorporate by reference information into this Registration Statement. This
means that the Registrant may disclose important information to you by
referring you to another document.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents have been filed by the Registrant with the SEC
pursuant to the Securities Exchange Act of 1934 (File No.&nbsp;1-8649) and are
incorporated by reference in this Registration Statement:

</FONT>


<P>
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<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">1.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">Registrant&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended
October&nbsp;31, 2001.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">2.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The Plan&#146;s Annual Report on Form&nbsp;11-K for the year ended December&nbsp;31,
2001.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">3.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the quarter ended
February&nbsp;1, 2002.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">4.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the quarter ended May
3, 2002.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">5.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the quarter ended
August&nbsp;2, 2002.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">6.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The descriptions of Registrant&#146;s Common Stock and Preferred Share
Purchase Rights contained in Registrant&#146;s registration statements filed under
Section&nbsp;12 of the Exchange Act, including any amendment or report filed for the
purpose of updating such descriptions.</FONT></TD>
</TR>
</TABLE>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents subsequently filed by Registrant and the Plan pursuant to
Sections&nbsp;13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934,
after the date of this Registration Statement and prior to the filing of a
post-effective amendment which indicates that all securities offered have been
sold or which deregisters all securities then remaining unsold, shall be deemed
to be incorporated by reference in this Registration Statement and to be part
of this Registration Statement from the date of filing of those documents. The
information contained in such a document will automatically update and
supersede any information previously incorporated by reference into this
Registration Statement.

</FONT>


<P align="left"><FONT size="2"><B>ITEM 4. DESCRIPTION OF SECURITIES.</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

</FONT>


<P align="left"><FONT size="2"><B>ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The opinion of counsel as to the legality of the securities being
registered, which is Exhibit&nbsp;5 to this Registration Statement, is rendered by
J. Lawrence McIntyre, Vice President, Secretary and General Counsel of
Registrant. Mr.&nbsp;McIntyre participates in this Plan. As of September&nbsp;23, 2002,
Mr.&nbsp;McIntyre owned 4,719.4430 shares of Toro Common Stock and held options to
purchase 28,343 shares. 8,000 of the options are subject to vesting
requirements. He also holds 22,200 Performance Share Awards, which are rights
to receive Toro Common Stock if pre-established performance goals are achieved
and are subject to cancellation if goals are not achieved. A total of 18,913.20
Common Stock units are credited to his account under a deferred compensation
plan. 2,536.2680 of these are subject to vesting requirements based on his
continued employment by Registrant.

</FONT>


<P align="left"><FONT size="2"><B>ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the General Corporation Law of the State of Delaware
empowers a corporation incorporated under the statute to indemnify its
directors, officers, employees and agents and its former directors, officers,
employees and agents and those who serve in such capacities with another
enterprise at the corporation&#146;s request against expenses (including attorneys&#146;
fees), as well as judgments, fines and settlements, actually and reasonably
incurred by them in connection with any action, suit or proceeding in which
they or any of them were or are made parties or are threatened to be made
parties by reason of their serving or having served in such capacity. The
power to indemnify exists only where such officer, director, employee or agent
has acted in good faith and in a manner he reasonably believed to be in or not
opposed to
</font>

<P align="center"><FONT size="2">3</FONT>

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<P><FONT size="2">the best interests of the corporation and, in the case of criminal action,
where such person had no reasonable cause to believe his conduct was unlawful.
Unless a court determines to the contrary, a corporation has no power of
indemnification in an action or suit by or in the right of the corporation,
where such person has been adjudged liable to the corporation. Indemnification
against expenses is mandatory to the extent a claim, issue or matter has been
successfully defended. Indemnification and advancement of expenses are not
deemed exclusive of any other rights to which those indemnified may be entitled
under any bylaw, agreement, vote of stockholders or otherwise. A Delaware
corporation also has the power to purchase and maintain insurance on behalf of
any person it has the power to indemnify, whether or not indemnity against
liability would be allowed under the statute.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1 of Article&nbsp;X of Registrant&#146;s Certificate of the Incorporation
provides, in accordance with Section&nbsp;102(b)(7) of the Delaware General
Corporation Law, for the elimination or limitation of the personal liability of
a director to Registrant or its stockholders for monetary damages for breach of
fiduciary duty as a director under certain circumstances.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2 of Article&nbsp;X of Registrant&#146;s Certificate of Incorporation
mandates indemnification of a director or officer of Registrant or a person
serving at the request of the Registrant as a director, officer, employee or
agent of another entity to the fullest extent authorized by the Delaware
General Corporation Law against expenses, liability and loss and authorizes the
Board to express such rights in written contracts.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Registrant also maintains liability insurance policies which provide for
indemnification of directors, officers, employees and agents of Registrant
against some liabilities.

</FONT>


<P align="left"><FONT size="2"><B>ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

</FONT>


<P align="left"><FONT size="2"><B>ITEM 8. EXHIBITS.</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The exhibits are listed in the exhibit index.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>UNDERTAKING IN LIEU OF ERISA AND IRS DETERMINATION LETTER</B>: Registrant
undertakes that it will submit or has submitted the Plan and any amendment
thereto to the Internal Revenue Service (&#147;IRS&#148;) in a timely manner and has made
or will make all changes required by the IRS in order to qualify the Plan.

</FONT>


<P align="left"><FONT size="2"><B>ITEM 9. UNDERTAKINGS.</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp; Rule&nbsp;415 offering.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes:

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp; To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement to include any material
information with respect to the plan of distribution not previously disclosed
in the registration statement or any material change to such information in the
registration statement.

</FONT>


<P align="center"><FONT size="2">4</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp; That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be deemed to
be a new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp; To remove from registration by means of a post-effective amendment
any of the securities being registered which remain unsold at the termination
of the offering.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp; Filings incorporating subsequent Securities Exchange Act of 1934
documents by reference.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Exchange Act of 1933, each
filing of the Registrant&#146;s annual report pursuant to section 13(a) or section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each
filing of an employee benefit plan&#146;s annual report pursuant to section 15(d) of
the Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp; Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.

</FONT>


<P align="center"><FONT size="2">5</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="005"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>The Registrant</B>. Pursuant to the requirements of the Securities Act of
1933, Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form&nbsp;S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Bloomington, State of Minnesota on September
19, 2002.

</FONT>


<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%">
<TR valign="bottom">
        <TD width="100%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>THE TORO COMPANY</B><BR>
(Registrant)</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">By:  /s/ J. Lawrence McIntyre<BR>
</FONT><HR size="1" noshade><FONT size="2">
J. Lawrence McIntyre, Vice President,<BR>
Secretary and General Counsel</FONT></TD>
</TR>
</TABLE>
</CENTER>
<!-- link1 "POWER OF ATTORNEY" -->
<DIV align="left"><A NAME="006"></A></DIV>
<P align="center"><FONT size="2"><B>POWER OF ATTORNEY</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below
hereby constitutes and appoints Kendrick B. Melrose and J. Lawrence McIntyre,
or either of them, each with power to act without the other, his true and
lawful attorney-in-fact and agent, with full power of substitution and
resubstitution for him and in his name, place and stead, in any and all
capacities, to sign any and/or all subsequent amendments to this Registration
Statement, and to file the same, or cause to be filed the same, with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission granting unto said attorney-in-fact and
agent full power to do and perform each and every act and thing requisite and
necessary to be done in and about the premises, as fully to all intents and
purposes as he might or could do in person, hereby approving and confirming all
that said attorney-in-fact and agent or his substitute or substitutes may
lawfully do or cause to be done by virtue hereof.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.

</FONT>


<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="33%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="38%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="19%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>


<TR valign="bottom">

        <TD><FONT size="1">&nbsp;</FONT></TD>

        <TD><FONT size="1">&nbsp;</FONT></TD>

</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Kendrick B. Melrose<BR>
</FONT><HR size="1" noshade><FONT size="2">
Kendrick B. Melrose</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Chairman, Chief Executive<BR>
Officer, President and Director<BR>
(Principal Executive Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Stephen P. Wolfe<BR>
</FONT><HR size="1" noshade><FONT size="2">
Stephen P. Wolfe</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Vice President Finance<BR>
and Chief Financial Officer<BR>
(Principal Financial Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Randy B. James<BR>
</FONT><HR size="1" noshade><FONT size="2">
Randy B. James</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Vice President and Controller<BR>
(Principal Accounting Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Ronald O. Baukol<BR>
</FONT><HR size="1" noshade><FONT size="2">
Ronald O. Baukol</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Robert C. Buhrmaster<BR>
</FONT><HR size="1" noshade><FONT size="2">
Robert C. Buhrmaster</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Winslow H. Buxton<BR>
</FONT><HR size="1" noshade><FONT size="2">
Winslow H. Buxton</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;<BR>
</FONT><HR size="1" noshade><FONT size="2">
Janet K. Cooper</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;<BR>
</FONT><HR size="1" noshade><FONT size="2">
Katherine J. Harless</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Robert H. Nassu<BR>
</FONT><HR size="1" noshade><FONT size="2">
Robert H. Nassau</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Dale R. Olseth<BR>
</FONT><HR size="1" noshade><FONT size="2">
Dale R. Olseth</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">6</FONT>

<!-- PAGEBREAK -->
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="33%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="38%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="19%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Christopher A. Twomey<BR>
</FONT><HR size="1" noshade><FONT size="2">
Christopher A. Twomey</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2000</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;<BR>
</FONT><HR size="1" noshade><FONT size="2">
Gregg W. Steinhafel</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Edwin H. Wingate<BR>
</FONT><HR size="1" noshade><FONT size="2">
Edwin H. Wingate</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">September 19, 2002</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>The Plan</B>. Pursuant to the requirements of the Securities Act of 1933, the
trustees (or other persons who administer the employee benefit plan) have duly
caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Bloomington, State of
Minnesota, on September&nbsp;19, 2002.

</FONT>


<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%">
<TR valign="bottom">
        <TD width="100%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>THE TORO COMPANY
INVESTMENT, SAVINGS AND<BR>EMPLOYEE STOCK OWNERSHIP PLAN</B><BR>
(Plan)</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">By: /s/ J. Lawrence McIntyre<BR>
</FONT><HR size="1" noshade><FONT size="2">
J. Lawrence McIntyre, Vice President,<BR>
Secretary and General Counsel</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">7</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "EXHIBIT LIST" -->
<DIV align="left"><A NAME="007"></A></DIV>
<P align="center"><FONT size="2"><B>EXHIBIT LIST</B>
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="75%">
<TR valign="bottom">
        <TD width="8%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="87%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>EXHIBIT</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>NUMBER</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>DESCRIPTION</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Instruments defining the rights of security holders, including indentures:</FONT></TD>
</TR>

<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
4(a) Specimen form of Common Stock certificate (incorporated by
reference to Exhibit&nbsp;4(c) to Registrant&#146;s Registration Statement on
Form&nbsp;S-8, Registration No.&nbsp;2-94417)</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
4(b) Restated Certificate of Incorporation of the Registrant
(incorporated by reference to Exhibit&nbsp;3(i) and 4(a) to Registrant&#146;s
Annual Report on Form&nbsp;10-K for the fiscal year ended October&nbsp;31,
2001, Commission File No.&nbsp;1-8649)</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
4(c) Bylaws of Registrant, as amended (incorporated by reference to
Exhibit&nbsp;3(ii) and 4(d) to Registrant&#146;s Quarterly Report Form&nbsp;10-Q
for the quarter ended August&nbsp;3, 2001, Commission File No.&nbsp;1-8649)</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
4(d) Rights Agreement dated as of May&nbsp;20, 1998, between the
Registrant and Wells Fargo Bank Minnesota National Association,
relating to rights to purchase Series&nbsp;B Junior Participating Voting
Preferred Stock (incorporated by reference to Exhibit (c)(1) to
Registrant&#146;s Current Report on Form&nbsp;8-K dated May&nbsp;27, 1998,
Commission File No.&nbsp;1-8649)</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
4(e) Indenture dated as of January&nbsp;31, 1997 between Registrant and
First National Trust Association, as Trustee, relating to
Registrant&#146;s 7.125% Notes due June&nbsp;15, 2007 and its 7.80%
Debentures due June&nbsp;15, 2027 (incorporated by reference Exhibit
4(a) to Registrant&#146;s Current Report on Form&nbsp;8-K for June&nbsp;24, 1997,
Commission File No.&nbsp;1-8649)</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">5</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Opinion of counsel regarding legality.</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">23(a)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Consent of counsel (contained in Exhibit&nbsp;5(a))</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">23(b)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Consent of KPMG LLP</FONT></TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">24</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Powers of Attorney (included in signature pages)</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">8</FONT>

</BODY>
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{"company-data": {"conformed-name": "TORO CO", "cik": "0000737758", "assigned-sic": "3524", "irs-number": "410580470", "state-of-incorporation": "DE", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-100004", "film-number": "02769591"}, "business-address": {"street1": "8111 LYNDALE AVE SOUTH", "city": "BLOOMINGTON", "state": "MN", "zip": "55420-1196", "phone": "6128888801"}, "mail-address": {"street1": "8111 LYNDALE AVENUE SOUTH", "city": "BLOOMINGTON", "state": "MN", "zip": "55420"}, "former-company": {"former-conformed-name": "TORO CO/DE", "date-changed": "19920703"}}
The Toro Company
Table of Contents
As filed with the Securities and Exchange Commission on September      , 2002
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
THE TORO COMPANY
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction
of incorporation or organization)
41-0580470
(I.R.S. Employer
Identification Number)
8111 Lyndale Avenue South
Bloomington, Minnesota 55420
(Address of principal executive offices) (Zip Code)
THE TORO COMPANY
INVESTMENT, SAVINGS AND EMPLOYEE STOCK OWNERSHIP PLAN
(Full title of the plan)
J. Lawrence McIntyre, Esquire
Vice President, Secretary and General Counsel
The Toro Company
8111 Lyndale Avenue South
Bloomington, Minnesota 55420
Telephone number: (952) 888-8801
(Name, address and telephone number of agent for service)
Copy to:
Helen P. Starr, Esquire
Perkins Coie LLP
607 Fourteenth Street, NW
Washington, D.C. 20005
CALCULATION OF REGISTRATION FEE
Title of
Proposed
Proposed
securities to
Amount to
maximum offering
maximum aggregate
Amount of
be registered
be registered
price per share
offering price
registration fee
Common Stock, par value $1.00 per
share (a)
500,000 shares (b)
$56.05 (c)
$28,025,000 (c)
$2,579 (d)
Interests in the Plan (e)
(a)
Each share of Common Stock has attached thereto one Preferred Share
Purchase Right. Value attributable to such Rights, if any, is reflected
in the market price of the Common Stock.
(b)
An indeterminate number of shares may be issued from time to time to
individuals who participate in the Plan. The maximum number of shares
that will be issued under this Registration Statement is 500,000.
(c)
Estimated solely to calculate the registration fee, pursuant to Rule
457(c) and Rule 457(h), on the basis of the average of the high and low
prices in the consolidated reporting system on September 18, 2002 as
reported on the New York Stock Exchange Composite Tape.
(d)
Restricted fee to be applied to account number 737758.
(e)
Pursuant to Rule 416(c) under the Securities Act of 1933, this
registration statement also covers an indeterminate amount of interests to
be offered pursuant to the employee benefit plan described herein.
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INCORPORATION BY REFERENCE
AMENDMENT TO CHANGE PLAN NAME AND MERGE PLAN WITH THE TORO COMPANY EMPLOYEE
STOCK OWNERSHIP PLAN
AMENDMENT TO INCREASE SHARES
PART II
INFORMATION REQUIRED IN REGISTRATION STATEMENT
SIGNATURES
POWER OF ATTORNEY
EXHIBIT LIST
EX-5 Opinion of Counsel Regarding Legality
EX-23.(b) Consent of KPMG LLP
Table of Contents
INCORPORATION BY REFERENCE
This Registration Statement is filed pursuant to Instruction E of Form S-8
and relates to Registrant's Registration Statement on Form S-8 (No. 333-39052),
filed with the Securities and Exchange Commission on May 24, 1995, as amended
by Amendment No. 1 dated June 30, 1999. Under that Registration Statement,
Registrant registered a total of 1,000,000 shares of Common Stock to be offered
and sold in connection with The Toro Company Investment and Savings Plan. This
Registration Statement amends the name of that plan and increases to 1,500,000
the number of shares registered for issuance.
The contents of Registrant's Registration Statement on Form S-8 (No.
333-39052), as amended, are incorporated by reference in this Registration
Statement.
As permitted by the instructions to Form S-8, this Registration Statement
omits the information specified in Part I of Registrant's Registration
Statement on Form S-8.
AMENDMENT TO CHANGE PLAN NAME AND MERGE PLAN WITH THE TORO COMPANY EMPLOYEE
STOCK OWNERSHIP PLAN
Effective January 1, 2002, the Board of Directors of Registrant approved
an amendment to merge The Toro Company Investment and Savings Plan and The Toro
Company Employee Stock Ownership Plan and to change the name of the merged
plans to The Toro Company Investment, Savings and Employee Stock Ownership Plan
(the "Plan").
AMENDMENT TO INCREASE SHARES
On September 19, 2002, the Board of Directors of Registrant approved an
amendment to the Plan to increase the number of shares of Common Stock that may
be issued under the Plan from 1,000,000 to 1,500,000.
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PART II
INFORMATION REQUIRED IN REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The rules of the Securities and Exchange Commission allow the Registrant
to incorporate by reference information into this Registration Statement. This
means that the Registrant may disclose important information to you by
referring you to another document.
The following documents have been filed by the Registrant with the SEC
pursuant to the Securities Exchange Act of 1934 (File No. 1-8649) and are
incorporated by reference in this Registration Statement:
1.
Registrant's Annual Report on Form 10-K for the fiscal year ended
October 31, 2001.
2.
The Plan's Annual Report on Form 11-K for the year ended December 31,
2001.
3.
Registrant's Quarterly Report on Form 10-Q for the quarter ended
February 1, 2002.
4.
Registrant's Quarterly Report on Form 10-Q for the quarter ended May
3, 2002.
5.
Registrant's Quarterly Report on Form 10-Q for the quarter ended
August 2, 2002.
6.
The descriptions of Registrant's Common Stock and Preferred Share
Purchase Rights contained in Registrant's registration statements filed under
Section 12 of the Exchange Act, including any amendment or report filed for the
purpose of updating such descriptions.
All documents subsequently filed by Registrant and the Plan pursuant to
Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934,
after the date of this Registration Statement and prior to the filing of a
post-effective amendment which indicates that all securities offered have been
sold or which deregisters all securities then remaining unsold, shall be deemed
to be incorporated by reference in this Registration Statement and to be part
of this Registration Statement from the date of filing of those documents. The
information contained in such a document will automatically update and
supersede any information previously incorporated by reference into this
Registration Statement.
ITEM 4. DESCRIPTION OF SECURITIES.
Not applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
The opinion of counsel as to the legality of the securities being
registered, which is Exhibit 5 to this Registration Statement, is rendered by
J. Lawrence McIntyre, Vice President, Secretary and General Counsel of
Registrant. Mr. McIntyre participates in this Plan. As of September 23, 2002,
Mr. McIntyre owned 4,719.4430 shares of Toro Common Stock and held options to
purchase 28,343 shares. 8,000 of the options are subject to vesting
requirements. He also holds 22,200 Performance Share Awards, which are rights
to receive Toro Common Stock if pre-established performance goals are achieved
and are subject to cancellation if goals are not achieved. A total of 18,913.20
Common Stock units are credited to his account under a deferred compensation
plan. 2,536.2680 of these are subject to vesting requirements based on his
continued employment by Registrant.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Section 145 of the General Corporation Law of the State of Delaware
empowers a corporation incorporated under the statute to indemnify its
directors, officers, employees and agents and its former directors, officers,
employees and agents and those who serve in such capacities with another
enterprise at the corporation's request against expenses (including attorneys'
fees), as well as judgments, fines and settlements, actually and reasonably
incurred by them in connection with any action, suit or proceeding in which
they or any of them were or are made parties or are threatened to be made
parties by reason of their serving or having served in such capacity. The
power to indemnify exists only where such officer, director, employee or agent
has acted in good faith and in a manner he reasonably believed to be in or not
opposed to
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the best interests of the corporation and, in the case of criminal action,
where such person had no reasonable cause to believe his conduct was unlawful.
Unless a court determines to the contrary, a corporation has no power of
indemnification in an action or suit by or in the right of the corporation,
where such person has been adjudged liable to the corporation. Indemnification
against expenses is mandatory to the extent a claim, issue or matter has been
successfully defended. Indemnification and advancement of expenses are not
deemed exclusive of any other rights to which those indemnified may be entitled
under any bylaw, agreement, vote of stockholders or otherwise. A Delaware
corporation also has the power to purchase and maintain insurance on behalf of
any person it has the power to indemnify, whether or not indemnity against
liability would be allowed under the statute.
Section 1 of Article X of Registrant's Certificate of the Incorporation
provides, in accordance with Section 102(b)(7) of the Delaware General
Corporation Law, for the elimination or limitation of the personal liability of
a director to Registrant or its stockholders for monetary damages for breach of
fiduciary duty as a director under certain circumstances.
Section 2 of Article X of Registrant's Certificate of Incorporation
mandates indemnification of a director or officer of Registrant or a person
serving at the request of the Registrant as a director, officer, employee or
agent of another entity to the fullest extent authorized by the Delaware
General Corporation Law against expenses, liability and loss and authorizes the
Board to express such rights in written contracts.
Registrant also maintains liability insurance policies which provide for
indemnification of directors, officers, employees and agents of Registrant
against some liabilities.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Not applicable.
ITEM 8. EXHIBITS.
The exhibits are listed in the exhibit index.
UNDERTAKING IN LIEU OF ERISA AND IRS DETERMINATION LETTER
: Registrant
undertakes that it will submit or has submitted the Plan and any amendment
thereto to the Internal Revenue Service ("IRS") in a timely manner and has made
or will make all changes required by the IRS in order to qualify the Plan.
ITEM 9. UNDERTAKINGS.
(a)  Rule 415 offering.
The undersigned Registrant hereby undertakes:
(1)  To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement to include any material
information with respect to the plan of distribution not previously disclosed
in the registration statement or any material change to such information in the
registration statement.
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(2)  That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be deemed to
be a new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof.
(3)  To remove from registration by means of a post-effective amendment
any of the securities being registered which remain unsold at the termination
of the offering.
(b)  Filings incorporating subsequent Securities Exchange Act of 1934
documents by reference.
The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Exchange Act of 1933, each
filing of the Registrant's annual report pursuant to section 13(a) or section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each
filing of an employee benefit plan's annual report pursuant to section 15(d) of
the Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(h)  Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
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SIGNATURES
The Registrant
. Pursuant to the requirements of the Securities Act of
1933, Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Bloomington, State of Minnesota on September
19, 2002.
THE TORO COMPANY
(Registrant)
By:  /s/ J. Lawrence McIntyre
J. Lawrence McIntyre, Vice President,
Secretary and General Counsel
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below
hereby constitutes and appoints Kendrick B. Melrose and J. Lawrence McIntyre,
or either of them, each with power to act without the other, his true and
lawful attorney-in-fact and agent, with full power of substitution and
resubstitution for him and in his name, place and stead, in any and all
capacities, to sign any and/or all subsequent amendments to this Registration
Statement, and to file the same, or cause to be filed the same, with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission granting unto said attorney-in-fact and
agent full power to do and perform each and every act and thing requisite and
necessary to be done in and about the premises, as fully to all intents and
purposes as he might or could do in person, hereby approving and confirming all
that said attorney-in-fact and agent or his substitute or substitutes may
lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
Signature
Title
Date
/s/ Kendrick B. Melrose
Kendrick B. Melrose
Chairman, Chief Executive
Officer, President and Director
(Principal Executive Officer)
September 19, 2002
/s/ Stephen P. Wolfe
Stephen P. Wolfe
Vice President Finance
and Chief Financial Officer
(Principal Financial Officer)
September 19, 2002
/s/ Randy B. James
Randy B. James
Vice President and Controller
(Principal Accounting Officer)
September 19, 2002
/s/ Ronald O. Baukol
Ronald O. Baukol
Director
September 19, 2002
/s/ Robert C. Buhrmaster
Robert C. Buhrmaster
Director
September 19, 2002
/s/ Winslow H. Buxton
Winslow H. Buxton
Director
September 19, 2002
Janet K. Cooper
Director
Katherine J. Harless
Director
/s/ Robert H. Nassu
Robert H. Nassau
Director
September 19, 2002
/s/ Dale R. Olseth
Dale R. Olseth
Director
September 19, 2002
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Signature
Title
Date
/s/ Christopher A. Twomey
Christopher A. Twomey
Director
September 19, 2000
Gregg W. Steinhafel
Director
/s/ Edwin H. Wingate
Edwin H. Wingate
Director
September 19, 2002
The Plan
. Pursuant to the requirements of the Securities Act of 1933, the
trustees (or other persons who administer the employee benefit plan) have duly
caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Bloomington, State of
Minnesota, on September 19, 2002.
THE TORO COMPANY
INVESTMENT, SAVINGS AND
EMPLOYEE STOCK OWNERSHIP PLAN
(Plan)
By: /s/ J. Lawrence McIntyre
J. Lawrence McIntyre, Vice President,
Secretary and General Counsel
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EXHIBIT LIST
EXHIBIT
NUMBER
DESCRIPTION
4
Instruments defining the rights of security holders, including indentures:
4(a) Specimen form of Common Stock certificate (incorporated by
reference to Exhibit 4(c) to Registrant's Registration Statement on
Form S-8, Registration No. 2-94417)
4(b) Restated Certificate of Incorporation of the Registrant
(incorporated by reference to Exhibit 3(i) and 4(a) to Registrant's
Annual Report on Form 10-K for the fiscal year ended October 31,
2001, Commission File No. 1-8649)
4(c) Bylaws of Registrant, as amended (incorporated by reference to
Exhibit 3(ii) and 4(d) to Registrant's Quarterly Report Form 10-Q
for the quarter ended August 3, 2001, Commission File No. 1-8649)
4(d) Rights Agreement dated as of May 20, 1998, between the
Registrant and Wells Fargo Bank Minnesota National Association,
relating to rights to purchase Series B Junior Participating Voting
Preferred Stock (incorporated by reference to Exhibit (c)(1) to
Registrant's Current Report on Form 8-K dated May 27, 1998,
Commission File No. 1-8649)
4(e) Indenture dated as of January 31, 1997 between Registrant and
First National Trust Association, as Trustee, relating to
Registrant's 7.125% Notes due June 15, 2007 and its 7.80%
Debentures due June 15, 2027 (incorporated by reference Exhibit
4(a) to Registrant's Current Report on Form 8-K for June 24, 1997,
Commission File No. 1-8649)
5
Opinion of counsel regarding legality.
23(a)
Consent of counsel (contained in Exhibit 5(a))
23(b)
Consent of KPMG LLP
24
Powers of Attorney (included in signature pages)
8