Exhibit 10.19

ANNUAL INCENTIVE PLAN

OF

DULUTH HOLDINGS INC.

As Amended February 21, 2018

PURPOSE

The Board of Directors of Duluth Holdings Inc. adopted this Plan on October 6,
2015.  The Plan is intended to establish a correlation between the annual
incentives awarded to the Participants and the financial performance of the
Company or one of its divisions or subsidiaries.  The Participants will receive
an Incentive Award if the Performance Goals, as fixed by the Committee pursuant
to the terms of the Plan, are met.  The Plan will be applicable to the fiscal
year of Duluth Holdings Inc. beginning on February 1, 2016 and subsequent fiscal
years unless and until terminated by the Committee.

DEFINITIONS

As used in the Plan, the following terms have the meanings indicated:

“Board” means the Board of Directors of the Company.

“Code” means the Internal Revenue Code of 1986, as amended.

“Committee” means the Compensation Committee of the Board of Directors or a
subcommittee thereof.

“Company” means Duluth Holdings Inc., a Wisconsin corporation.

“Employee” means an individual who is an employee of the Company or a
Subsidiary.

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.

“Incentive Award” means an award opportunity granted to a Participant under this
Plan enabling the Participant to earn cash compensation from the Company for the
applicable Performance Year.

“Participant” means any Employee to whom an Incentive Award has been granted
under the Plan.

“Performance Goal” means the goals identified by the Committee to measure one or
more business or other criteria, which may include any of the following criteria
and which, where applicable (i) may be set on a pre-tax or after-tax basis,
(ii) may include or exclude the impact of changes in currency exchange rates,
(iii) may be applied on an absolute or relative basis, (iv) may be valued on a
growth or fixed basis, and (v) may be applied on a Company-wide, business
segment, or individual basis, all as specified at the time of grant:

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net income;

revenue;

earnings per share;

return on investment;

return on invested capital;

return on equity;

return on assets or net assets;

shareholder returns (either including or excluding dividends) over a specified
period of time;

financial return ratios;

cash flow (including, but not limited to, operating cash flow, free cash flow,
cash flow return on equity, and cash flow return on investment);

amount of expense;

economic profit;

gross profit;

gross profit margin percentage;

operating profit;

operating profit margin percentage;

amount of indebtedness;

debt ratios;

earnings before bonus, interest, taxes, depreciation or amortization (or any
combination thereof);

Share value;

return on capital employed;

return on average capital employed;

strategic business criteria, consisting of one or more objectives based on
achieving specified revenue, market penetration, or geographic business
expansion goals, or cost targets, or goals relating to acquisitions or
divestitures, or any combination of the foregoing;

customer satisfaction;

productivity ratios;

new product invention or innovation;

attainment of research and development milestones; or

such other subjective or objective performance measures, including individual
goals deemed appropriate by the Committee.

The above Performance Goals may be determined with or without regard to unusual
or infrequent items, including, without limitation:  changes in accounting
principles or the application thereof; unusual or infrequent gains; gains or
losses on the sale of assets; currency fluctuations, acquisitions, divestitures,
or necessary financing activities; recapitalizations, including stock splits and
dividends; expenses for restructuring activities; and other non‑operating items,
as specified by the Committee upon the grant of an Incentive Award.

“Performance Year” means the Company’s fiscal year.  The initial Performance
Year begins February 1, 2016.

“Plan” means this Annual Incentive Plan.

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“Salary” means, except as otherwise provided by the Committee, base salary
earned for each Performance Year determined in accordance with principles
employed for reporting salary to the shareholders of the Company in the
Company’s annual proxy statement.

“Subsidiary” shall mean any entity in which the Company owns, directly or
indirectly, more than 50% of the voting interests entitled to vote in the
election of directors, or any comparable governing body if the entity does not
have directors.

PARTICIPATION

Participation in the Plan shall be limited to the Company’s executive officers.
Participation in the Plan in one Performance Year does not guarantee
participation in a subsequent Performance Year.  A person who becomes a
Participant after the commencement of a Performance Year shall be eligible to
receive a pro rata Incentive Award pursuant to Section 4, based on the number of
full months remaining in the Performance Year after he or she becomes a
Participant, or based on such other applicable method established by the
Committee at the time such person is designated as a Participant.

DETERMINATION OF INCENTIVE AWARDS

During the first ninety (90) days of each Performance Year, the Committee may
establish one or more Performance Goals applicable to a Participant to earn an
Incentive Award for such Performance Year as it deems appropriate.  The
Performance Goals may vary from Performance Year to Performance Year.  For each
Performance Goal, the Committee shall establish a threshold goal for achievement
(the minimum level at which an Incentive Award shall be payable), a target goal
for achievement (based on the expected achievements by the Company and the
Participant), and a maximum goal for achievement (based on outstanding
achievement).  At the time the Performance Goals are established by the
Committee, the Committee may determine whether the Performance Goals may be
determined with or without regard to (i) changes in accounting; (ii) unusual or
nonrecurring items, including, without limitation, the impact of acquisitions or
divestitures, as specified by the Committee; or (iii) changes in income tax
rates.  Notwithstanding the foregoing, the Committee in its discretion may
modify the Performance Goals and targets for a Performance Year after the first
ninety (90) days of a Performance Year have elapsed.

During the first ninety (90) days of each Performance Year, the Committee may
establish a target Incentive Award for each Participant which may entitle the
Participant to earn an amount equal to a percentage of the Participant’s Salary
in effect at the time the opportunity is established, assuming the target
Performance Goal(s) established by the Committee are met.  The target award
opportunities for Participants may vary from Performance Year to Performance
Year.  In addition, the Committee shall establish threshold and maximum award
opportunities resulting in payments under the Annual Incentive Award in the
event the threshold or outstanding Performance goal(s) established by the
Committee are met.

Except as otherwise determined by the Committee at the time the award
opportunities are established, achievement of a Performance Goal between the
threshold goal and the target goal will result in a payout that is linearly
interpolated between the threshold and target opportunities and achievement of a
Performance goal between the target goal and the maximum goal will result in a
payout that is linearly interpolated between the target and maximum
opportunities.

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Before any Incentive Award may be paid for a Performance Year, the Committee
shall certify that the Performance Goals and other requirements of the Plan have
been satisfied for the Performance Year.  No payments shall be made unless and
until the Committee makes this certification.

Even if the Performance Goals applicable to a Participant have been met, (i) no
Incentive Award to such Participant with respect to a Performance Year shall
exceed $5,000,000, and (ii) the Committee expressly reserves, in its discretion,
the right to adjust any Incentive Award otherwise determined under the Plan to
reflect any extraordinary items or such other factors as it may deem relevant if
it determines it is in the best interests of the Company to do so.

PAYMENT OF INCENTIVE AWARDS

If the Committee has made the certification required pursuant to Section 4(d),
subject to Section 4(e), Incentive Awards shall be payable as soon as
practicable following such certification, but no later than the end of the
calendar year during which such Performance Year has ended.

Except as otherwise set forth in a written agreement between the Company and a
Participant or as determined by the Committee, a Participant shall receive no
Incentive Award for a year if the Participant’s employment with the Company
terminates prior to the last day of the Performance Year for any reason.  A
Participant shall not forfeit an Incentive Award if the Participant’s employment
terminates after the end of the applicable Performance Year, but prior to the
distribution of the Incentive Award for such year.

The Company may deduct from any payments made to a Participant under the Plan
any federal, state, local or other taxes or charges, if any, which the Company
determines it is from time to time required to withhold under applicable
law.  The Company shall have the right to rely upon an opinion of legal counsel
or its accountants as to the amount to be so deducted.

ADMINISTRATION

The Plan shall be administered by the Committee.  The Committee may adopt rules
and regulations for carrying out the Plan, and the Committee may take such
actions as it deems appropriate to ensure that the Plan is administered in the
best interests of the Company.  The Committee has the authority to construe and
interpret the Plan, resolve any ambiguities, and make determinations with
respect to the eligibility for or amount of any Incentive Award.  The
interpretation, construction and administration of the Plan by the Committee
shall be final, binding and conclusive for all purposes and upon all persons
including, without limitation, the Company, any successor to the Company,
Participants, and any person claiming an interest through a Participant.  The
Committee may consult with counsel, who may be counsel to the Company, and shall
not incur any liability for any action taken in good faith in reliance upon the
advice of counsel.

RIGHTS

Participation in the Plan and the right to receive Incentive Awards under the
Plan shall not give a Participant any proprietary interest in the Company or any
of its assets.  A Participant shall for all purposes be a general creditor of
the Company.  The interests of a Participant cannot be assigned, anticipated,
sold, encumbered or pledged and shall not be subject to the claims of his or her
creditors. 

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Nothing in the Plan shall confer upon any Participant the right to continue in
the employ of the Company, or shall interfere with or restrict in any way the
right of the Company to discharge a Participant at any time for any reason
whatsoever, with or without cause.

SUCCESSORS

The Plan shall be binding on the Participants and their personal
representatives.  If the Company becomes a party to any merger, consolidation,
reorganization or other corporate transaction, the Plan shall remain in full
force and effect as an obligation of the Company or its successor in interest
unless and until terminated by the Company or its successor in interest in
accordance with this Plan.

AMENDMENT AND TERMINATION

The Committee may amend or terminate the Plan at any time as it deems
appropriate.

GOVERNING LAW

This Plan and all Incentive Awards and actions taken thereunder shall be
governed by, and construed in accordance with, the laws of the State of
Wisconsin, applied without regard to the laws of any other jurisdiction that
otherwise would govern under conflict of law principles.

CLAWBACK POLICY

All Incentive Awards granted under the Plan are subject to forfeiture, recovery
by the Company or other action pursuant to any clawback or recoupment policy
which the Company may adopt from time to time, including without limitation any
such policy required to be adopted under the Dodd-Frank Wall Street Reform and
Consumer Protection Act and implementing rules and regulations thereunder, or
other applicable law.  No forfeiture or recovery of Incentive Awards granted
under the Plan or any other action taken under any clawback or recoupment policy
will be an event giving rise to a right to resign for “good reason” or
“constructive termination” (or similar term) under any agreement between a
Participant and the Company.

HEADINGS

The headings of Sections of the Plan are for convenience of reference only and
shall not control or affect the meaning or construction of any of its
provisions.

USE OF WORDS

Wherever the context so requires, words in the singular include the plural.

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