EXHIBIT 10.1(o)
[SAUER DANFOSS LOGO]
EMPLOYMENT AGREEMENT
FOR JAMES R. WILCOX
SAUER DANFOSS INC.
DECEMBER 1, 2002
EXECUTIVE EMPLOYMENT AGREEMENT
THIS AGREEMENT (this "Agreement") is made as of the 1st DAY OF DECEMBER, 2002 (the "Effective
Date"), by and between Sauer-Danfoss Inc. (the "Company") and JAMES R. WILCOX (the "Executive").
WHEREAS, the Company desires to provide for the continued employment of the Executive on the terms and
conditions set forth herein, in the best interest of the Company and its constituencies; and
WHEREAS, the Executive desires to continue to be employed by the Company as provided herein; and
NOW, THEREFORE, in consideration of the premises and the respective covenants, promises and agreements
of the parties herein contained, the parties agree as follows:
1. EMPLOYMENT. The Company agrees to continue to employ the Executive and the Executive agrees to
continue to be employed on a full-time basis by the Company for the period and upon the terms and conditions
specified herein.
2. TERM; EMPLOYMENT PERIOD. The term of this Agreement (the "Term") shall begin on the Effective Date
and continue until terminated according to
Section 6 of this Agreement. The period during which the Executive is employed by the Company is referred to
as the "Employment Period." The date on which the termination of the Executive's employment becomes effective
is referred to as the "Termination Date."
3. POSITION AND DUTIES. During the Employment Period, the Executive shall serve as EXECUTIVE VICE
PRESIDENT AND CHIEF OPERATING OFFICER of the Company and shall have such responsibilities,
duties and authority as set forth in the Bylaws of the Company and such additional responsibilities, duties and
authority as the Company's President and Chief Executive Officer or the Company's Board of Directors (the
"Board") shall determine from time to time. During the Employment Period, the Executive shall report to the
Company's President and Chief Executive Officer or the Chief Execu