Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - THOR INDUSTRIES INC | l40116e10vq.htm |
| EX-31.1 - EX-31.1 - THOR INDUSTRIES INC | l40116exv31w1.htm |
| EX-32.2 - EX-32.2 - THOR INDUSTRIES INC | l40116exv32w2.htm |
| EX-32.1 - EX-32.1 - THOR INDUSTRIES INC | l40116exv32w1.htm |
| EX-31.2 - EX-31.2 - THOR INDUSTRIES INC | l40116exv31w2.htm |
| EX-10.2 - EX-10.2 - THOR INDUSTRIES INC | l40116exv10w2.htm |
Exhibit 10.1
CONFIDENTIAL MEMORANDUM
TO:
|
Ron Fenech | April 23, 2010 | ||
CC:
|
Chris Farman | |||
FROM:
|
Peter B. Orthwein | |||
| RE: | MANAGEMENT INCENTIVE PLAN FOR RON FENECH BEGINNING 5/1/2010 | |||
Your MIP beginning May 1, 2010 will be 4% of the pre-tax profit from operations of the
Recreation Vehicle Group. LIFO and impairment charges are excluded.
| 1. | Payment of the MIP will be quarterly after the closing of the books. |
| The final MIP payment for FY 2010 will be paid within 5 days after receipt of the auditor’s report for the year ended July 31, 2010 (approximately September 30, 2010). |
| 2. | You must be employed at the time of MIP payment. | ||
| 3. | In the unlikely event of losses in any quarter, they will be carried forward to future quarters. However, they won’t be carried forward into the next fiscal year. | ||
| 4. | Your base salary will increase to $1,000,000 per year effective as of February 1, 2010. | ||
| 5. | The maximum you can earn from your MIP in any year is $10,000,000. |
PBO/pat