Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
accurate, Allied, aluminum, ARRA, behalf, built, category, challenge, Christian, Citair, claim, complaint, constant, consumption, conversion, coverage, cycle, Dayton, delayed, deleted, destroyed, disclaim, emission, employment, entirety, entitled, expenditure, external, false, Farman, foot, foreseeable, gain, GCA, GMAC, impending, improperly, incident, influence, input, installment, involuntary, launched, lawsuit, leased, lender, LIFO, masked, member, misleading, misled, newly, Ohio, opted, payroll, plaintiff, poor, preliminarily, professional, promptly, purportedly, range, rearrangement, reclassification, reconstructing, reevaluation, reimbursed, rescue, restocking, revealed, Ridership, selected, Shipping, shortage, slightly, softening, square, statute, Steel, straight, submit, technology, tentative, thermoplastic, translation, truth, unaffected, undetermined, upward, voluntarily, voting, write
Filing tables
Filing exhibits
Related press release
THO similar filings
Filing view
External links
Exhibit 10.1
![(THOR LOGO)](https://capedge.com/proxy/10-Q/0000950123-10-063220/l40116l4011600.gif)
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