September 19, 1997
RV OFFICER INCENTIVE COMPENSATION PLAN
GROUP A - OFFICER
FISCAL PERIOD 1997-1998
WINNEBAGO INDUSTRIES, INC.
FOREST CITY, IOWA
The purpose of this plan is to provide greater incentive to employees in officer positions, who contribute to the
success of the Company, by enabling them to participate in that success, and to aid in attracting and retaining
employees who will contribute to the progress and profitability of the Company.
It is the purpose of this plan to attract, obtain, develop, motivate, and retain capable officer personnel, stimulate
constructive and imaginative thinking, and otherwise contribute to the growth and profits of the corporation
The plan prior to each new fiscal year must meet the approval of the Human Resource Committee of the Board
of Directors. The Human Resource Committee may establish such rules and regulations as it deems necessary for
proper administration of this plan and may amend or revoke any rule or regulation so established.
Recommendation of a participant must be made by the President of Winnebago Industries, Inc.
MINIMUM QUALIFICATIONS REQUIRED OF PARTICIPANTS:
1. Participant must be an officer with specific responsibilities which can impact the corporation
2. Participants must be employed for the entire fiscal year to be eligible for the bonus and in addition, participant
must be employed at the time the bonus is paid except as waived by the Human Resource Committee.
NATURE OF THE PLAN
The incentive award is based on the performance of the CORPORATION.
This is a bonus based upon the Company's attainment of a predetermined profit goal for the fiscal quarter. The
profit goal is to be recommended by the Human Resource Committee and approved by the Board of Directors
each quarter at the beginning of the fiscal quarter.
Officer Incentive Compensation Plan
The profit goal, for purposes of this plan, will be the "Incentive Compensation Profit" wh