THIS AGREEMENT by and between Pierce Manufacturing Inc., a Wisconsin corporation (the "Company"),
and John W. Randjelovic, (the "Executive"), dated as of the 16th day of September 1996.
WHEREAS, the parties wish to provide for the employment by the Company of the Executive, and the Executive
wishes to serve the Company and its affiliate, Oshkosh Truck Corporation, in the capacities and on the terms and
conditions set forth in this Agreement.
NOW THEREFORE, it is hereby agreed as follows:
1. Employment Period. The Company shall employ the Executive, and the Executive shall serve the Company, on
the terms and conditions set forth in this Agreement, for an initial period (the "Initial Period") commencing at the
date of this Agreement and ending on November 30, 1996. This Agreement thereafter will renew automatically
for successive terms of one (1) year each, unless either party has given at least forty-five (45) days' advance
written notice of it or his intent to allow this Agreement to expire as of the end of such Initial Period or renewal
term. The term during which the Executive is employed by the Company hereunder (including without limitation
the Initial Period) is hereafter referred to as the "Employment Period."
In the event that for any reason, the Executive's employment continues with the Company following the expiration
of the Employment Period, as set forth above, then for so long as the Executive is so employed by the Company,
the provisions of Sections 8 and 9 shall survive the expiration of the Employment Period of this Agreement.
2. Position and Duties.
(a) The Executive shall serve as Vice President, Manufacturing; with such duties and responsibilities as are
customarily assigned to such position, and such other duties and responsibilities not inconsistent therewith as may
from time to time be assigned to him by the President (the "President") of the Company.
(b) During the Employment Period, and excluding any periods of vacation and