EXECUTIVE EMPLOYMENT AGREEMENT
THIS AGREEMENT is made and entered into this ____ day of _______________, 2005, by and between
CYCLE COUNTRY ACCESSORIES CORPORATION, an Iowa Corporation, (hereinafter referred to as the
"Corporation") and LISA BAILEY, of Spencer, Iowa, (hereinafter referred to as the "Executive").
WHEREAS the Executive has been an employee of a predecessor to the Corporation and as an officer of the
Corporation. WHEREAS, the Corporation desires to assure themselves the services of the Executive on a
monthly basis under the terms and conditions set forth herein; and
WHEREAS, the Executive is agreeable to continue in an Executive capacity on a monthly basis and is willing to
accept and undertake such employment.
NOW, THEREFORE, IN CONSIDERATION OF THE PROMISES AND MUTUAL COVENANTS
HEREIN SET FORTH, THE CORPORATION AND THE EXECUTIVE AGREE AS FOLLOWS:
1. EMPLOYMENT. The Corporation agrees to and does hereby employ the Executive and the Executive
agrees to and does hereby accept employment by the Corporation, in the capacity of Vice President on a month
to month basis commencing the ____ day of _______________, 2005.
2. SCOPE OF SERVICES. The Executive shall serve as Vice President of the Corporation. As such, in the
absence of the President or in the event of his death, inability or refusal to act, the Vice President shall perform
the duties of the President, and when so acting, shall have all of the powers and be subject to all the restrictions
upon the President. The Vice President shall perform such other duties as from time to time may be assigned to
her by the
President or by the Board of Directors.
3. FULL-TIME SERVICES. The Executive agrees that during the term of her employment she will devote
substantially all of her time and energies, during business hours, to the supervision, management, and conduct of
the business affairs of the Corporation. The Executive will faithfully and to the best of her ability, discharge her
duties hereunder to the furtherance of t