SECURITIES & EXCHANGE COMMISSION
                             Washington, D.C. 20549
                             ----------------------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
                              PURSUANT TO 13d-2(b)

                                (Amendment No. )*

                                TEREX CORPORATION
                                (Name of Issuer)

                                  COMMON STOCK
                         (Title of Class of Securities)

                                    880779103
                                 (CUSIP Number)

                                December 21, 2009
             (Date of event which requires filing of this statement)



     Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:


     [ ]  Rule 13d-1(b)
     [X]  Rule 13d-1(c)
     [ ]  Rule 13d-1(d)





                              (Page 1 of 12 Pages)
----------------
     * The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).



CUSIP No. 880779103                 13G                  Page 2 of 13 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                        Eton Park Fund, L.P.
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            Delaware
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                        -0-
SHARES         --------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                  2,160,000
OWNED BY       --------------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                        -0-
REPORTING      --------------------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                  2,160,000
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON
                                                  2,160,000
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED
             BY AMOUNT IN ROW (9)
                                                      2.00%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                        PN
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!



CUSIP No. 880779103                 13G                  Page 3 of 13 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                  Eton Park Master Fund, Ltd.
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                                Cayman Islands
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                       -0-
SHARES         --------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 4,590,000
OWNED BY       --------------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                       -0-
REPORTING      --------------------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                 4,590,000
-----------------------------------------------------------------------------

     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON
                                                 4,590,000
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED
             BY AMOUNT IN ROW (9)
                                                     4.25%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                       CO
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!



CUSIP No. 880779103                 13G                  Page 4 of 13 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                   Eton Park Associates, L.P.
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            Delaware
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                       -0-
SHARES         --------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 2,160,000
OWNED BY       --------------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                       -0-
REPORTING      --------------------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                 2,160,000
-----------------------------------------------------------------------------

     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON
                                                 2,160,000
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED
             BY AMOUNT IN ROW (9)
                                                     2.00%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                       PN
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!



CUSIP No. 880779103                 13G                  Page 5 of 13 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Eton Park Capital Management, L.P.
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            Delaware
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                       -0-
SHARES         --------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 4,590,000
OWNED BY       --------------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                       -0-
REPORTING      --------------------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                 4,590,000
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON
                                                 4,590,000
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED
             BY AMOUNT IN ROW (9)
                                                     4.25%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                       IA
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!



CUSIP No. 880779103                 13G                  Page 6 of 13 Pages

----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS
            I.R.S. IDENTIFICATION NO.
            OF ABOVE PERSONS (ENTITIES ONLY)
                                                              Eric M. Mindich
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                  (a)  [X]
                                                                  (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            United States
-----------------------------------------------------------------------------
NUMBER OF      (5)  SOLE VOTING POWER
                                                       -0-
SHARES         --------------------------------------------------------------

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 6,750,000
OWNED BY       --------------------------------------------------------------

EACH           (7)  SOLE DISPOSITIVE POWER
                                                       -0-
REPORTING      --------------------------------------------------------------

PERSON WITH    (8)  SHARED DISPOSITIVE POWER
                                                 6,750,000
-----------------------------------------------------------------------------
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON
                                                 6,750,000
-----------------------------------------------------------------------------
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ]
-----------------------------------------------------------------------------
     (11)    PERCENT OF CLASS REPRESENTED
             BY AMOUNT IN ROW (9)
                                                     6.24%
-----------------------------------------------------------------------------
     (12)    TYPE OF REPORTING PERSON **
                                                       IN
-----------------------------------------------------------------------------
                     ** SEE INSTRUCTIONS BEFORE FILLING OUT!



CUSIP No. 880779103                 13G                  Page 7 of 13 Pages

Item 1(a).     Name of Issuer:

     The name of the issuer is Terex Corporation (the "Company").

Item 1(b).     Address of Issuer's Principal Executive Offices:

     The Company's principal executive offices are located at 200 Nyala Farm
Road, Westport, Connecticut 06880.

Item 2(a).     Name of Person Filing:

     This statement is filed by:

          (i)  Eton Park Fund, L.P., a Delaware limited partnership ("EP
               Fund"), with respect to the shares of Common Stock (defined
               in Item 2(d) below) directly owned by it;
         (ii)  Eton Park Master Fund, Ltd., a Cayman Islands exempted
               company ("EP Master Fund"), with respect to the shares of
               Common Stock directly owned by it;
        (iii)  Eton Park Associates, L.P., a Delaware limited partnership
               ("EP Associates"), which serves as the general partner of EP
               Fund, with respect to the shares of Common Stock directly
               owned by EP Fund;
        (iv)   Eton Park Capital Management, L.P., a Delaware limited
               partnership ("EP Management"), which serves as investment
               manager to EP Master Fund, with respect to the shares of
               Common Stock directly owned by EP Master Fund; and
         (v)   Eric M. Mindich ("Mr. Mindich"), with respect to the shares
               of Common Stock directly owned by each of EP Fund and EP
               Master Fund.

               The  foregoing  persons are  hereinafter  sometimes  collectively
referred to as the "Reporting  Persons." Any disclosures  herein with respect to
persons  other than the  Reporting  Persons are made on  information  and belief
after making inquiry to the appropriate party.



CUSIP No. 880779103                 13G                  Page 8 of 13 Pages

Item 2(b).     Address of Principal Business Office or, if None, Residence:

     The address of the business office of each of the Reporting  Persons is 399
Park Avenue, 10th Floor, New York, New York 10022.

Item 2(c).     Citizenship:

     EP Fund is a limited  partnership  organized under the laws of the State of
Delaware.  EP Master  Fund is a company  organized  under the laws of the Cayman
Islands.  EP Associates  and EP Management  are limited  partnerships  organized
under the laws of the State of Delaware. Mr. Mindich is a United States citizen.

Item 2(d).     Title of Class of Securities:

     Common Stock, par value $0.001 per share (the "Common Stock")

Item 2(e).  CUSIP Number:  880779103

Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:

          (a)  [ ] Broker or dealer registered under Section 15 of the Act,

          (b)  [ ] Bank as defined in Section 3(a)(6) of the Act,

          (c)  [ ] Insurance Company as defined in Section 3(a)(19) of the
                   Act,

          (d)  [ ] Investment Company registered under Section 8 of the
                   Investment Company Act of 1940,

          (e)  [ ] Investment Adviser in accordance with Rule
                   13d-1(b)(1)(ii)(E),

          (f)  [ ] Employee Benefit Plan or Endowment Fund in accordance
                   with 13d-1 (b)(1)(ii)(F),

          (g)  [ ] Parent Holding Company or control person in accordance
                   with Rule 13d-1 (b)(1)(ii)(G),

          (h)  [ ] Savings Association as defined in Section 3(b) of the
                   Federal Deposit Insurance Act,

          (i)  [ ] Church Plan that is excluded from the definition of an
                   investment company under Section 3(c)(14) of the Investment
                   Company Act of 1940,

          (j)  [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

     If this statement is filed pursuant to Rule 13d-1(c), check the box. [X]



CUSIP No. 880779103                 13G                  Page 9 of 13 Pages

Item 4.   Ownership.

The  percentages  used herein are calculated  based upon  108,100,000  shares of
Common Stock issued and outstanding,  as of October 27, 2009, as reported in the
Company's  quarterly  report on Form 10-Q filed on  September  30, 2009 with the
Securities and Exchange Commission by the Company.

         A. Eton Park Fund, L.P.
              (a) Amount beneficially owned: 2,160,000
              (b) Percent of class: 2.00%
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 2,160,000
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition:
                     2,160,000

         B. Eton Park Master Fund, Ltd.
              (a) Amount beneficially owned: 4,590,000
              (b) Percent of class: 4.25%
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 4,590,000
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition:
                     4,590,000

         C. Eton Park Associates, L.P.
              (a) Amount beneficially owned: 2,160,000
              (b) Percent of class: 2.00%
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 2,160,000
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition:
                     2,160,000

         D. Eton Park Capital Management, L.P.
              (a) Amount beneficially owned: 4,590,000
              (b) Percent of class: 4.25%
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 4,590,000
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition:
                     4,590,000

         E. Eric M. Mindich
              (a) Amount beneficially owned: 6,750,000
              (b) Percent of class:  6.24%
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 6,750,000
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition:
                     6,750,000



CUSIP No. 880779103                 13G                 Page 10 of 13 Pages

Item 5.     Ownership of Five Percent or Less of a Class.

     Not applicable.

Item 6.     Ownership of More than Five Percent on Behalf of Another Person.

     EP Associates,  the general partner of EP Fund, has the power to direct the
affairs of EP Fund including  decisions  with respect to the  disposition of the
proceeds from the sale of the shares of Common Stock held by EP Fund.  Eton Park
Associates,  L.L.C. serves as the general partner of EP Associates.  Mr. Mindich
is managing  member of Eton Park  Associates,  L.L.C.  and may, by virtue of his
position  as  managing  member,  be deemed to have  power to direct the vote and
disposition  of the shares of Common Stock held by EP Fund.  EP Master Fund is a
client of EP  Management.  Eton Park Capital  Management,  L.L.C.  serves as the
general  partner of EP Management.  Mr.  Mindich is the managing  member of Eton
Park Capital  Management,  L.L.C. and may, by virtue of his position as managing
member, be deemed to have power to direct the vote and disposition of the shares
of Common  Stock  held by EP  Master  Fund.  Mr.  Mindich  disclaims  beneficial
ownership of the Common Stock  reported  herein,  other than the portion of such
shares which relates to his individual  economic interest in each of EP Fund and
EP Master Fund.

Item 7.     Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.

     Not applicable.

Item 8.  Identification and Classification of Members of the Group.

     See Item 2.

Item 9.  Notice of Dissolution of Group.

     Not applicable.

Item 10.  Certification.

     Each of the Reporting Persons hereby makes the following certification:

     By signing  below I certify  that,  to the best of my knowledge and belief,
the  securities  referred  to above were not  acquired  and are not held for the
purpose of or with the effect of  changing  or  influencing  the  control of the
issuer of the  securities  and were not acquired and are not held in  connection
with or as a participant in any transaction having that purpose or effect.



CUSIP No. 880779103                 13G                 Page 11 of 13 Pages

SIGNATURES

After  reasonable  inquiry  and to the best of our  knowledge  and  belief,  the
undersigned  certify that the  information  set forth in this statement is true,
complete and correct.

DATED:  December 31, 2009

                              ERIC M.  MINDICH,  individually,  and as  managing
                              member of: (i) Eton Park  Associates,  L.L.C.,  as
                              general partner of Eton Park Associates, L.P., (a)
                              for itself and (b) as general partner of Eton Park
                              Fund, L.P.; and (ii) Eton Park Capital Management,
                              L.L.C.,  as general  partner of Eton Park  Capital
                              Management,  L.P.,  (a)  for  itself  and  (b)  as
                              investment adviser of Eton Park Master Fund, Ltd.

                              By:  /s/ Marcy Engel
                                   --------------------------
                                   Name:  Marcy Engel*
                                   Title: Attorney-in-Fact







* Pursuant to a Power of Attorney dated as of August 17, 2007 attached hereto as
Exhibit 2.



CUSIP No. 880779103                 13G                     Page 12 of 13 Pages


                                    EXHIBIT 1

                           JOINT ACQUISITION STATEMENT
                            PURSUANT TO RULE 13d-1(k)


     The  undersigned  acknowledge  and agree that the  foregoing  statement  on
Schedule  13G,  is  filed  on  behalf  of each of the  undersigned  and that all
subsequent  amendments  to this  statement  on Schedule  13G,  shall be filed on
behalf of each of the  undersigned  without the  necessity of filing  additional
joint  acquisition  statements.  The undersigned  acknowledge that each shall be
responsible  for the filing of such  amendments,  and for the  completeness  and
accuracy of the information  concerning him or it contained  therein,  but shall
not be  responsible  for  the  completeness  and  accuracy  of  the  information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.

Dated:  December 31, 2009

                              ERIC M.  MINDICH,  individually,  and as  managing
                              member of: (i) Eton Park  Associates,  L.L.C.,  as
                              general partner of Eton Park Associates, L.P., (a)
                              for itself and (b) as general partner of Eton Park
                              Fund, L.P.; and (ii) Eton Park Capital Management,
                              L.L.C.,  as general  partner of Eton Park  Capital
                              Management,  L.P.,  (a)  for  itself  and  (b)  as
                              investment adviser of Eton Park Master Fund, Ltd.

                              By:  /s/ Marcy Engel
                                   --------------------------
                                   Name:  Marcy Engel*
                                   Title: Attorney-in-Fact







* Pursuant to a Power of Attorney dated as of August 17, 2007 attached hereto as
Exhibit 2.



CUSIP No. 880779103                 13G                     Page 13 of 13 Pages

                                    EXHIBIT 2

                                POWER OF ATTORNEY


KNOW ALL MEN BY THESE PRESENTS, that I, ERIC M. MINDICH, hereby make, constitute
and appoint MARCY ENGEL, acting  individually,  as my agent and attorney-in-fact
for the purpose of executing in my name,  (a) in my personal  capacity or (b) in
my capacity as Managing Member,  member of or in other capacities with Eton Park
Capital  Management,  L.L.C.,  Eton Park  Associates,  L.L.C.  and each of their
affiliates  or  entities  under  my  control,  all  documents  relating  to  the
beneficial  ownership of securities  required to be filed with the United States
Securities  and  Exchange  Commission  (the "SEC")  pursuant  to Section  13(d),
Section  13(g) or  Section  16(a) of the  Securities  Exchange  Act of 1934 (the
"Act").

All past acts of the  attorneys-in-fact  in  furtherance  of the  foregoing  are
hereby ratified and confirmed.

This power of attorney shall be valid from the date hereof until revoked by me.

IN  WITNESS  WHEREOF,  I have  executed  this  instrument  as of the 17th day of
August, 2007.


/s/ Eric M. Mindich
--------------------------
Eric M. Mindich