Exhibit 10.1


 


MONACO COACH CORPORATION


1993 STOCK PLAN


PERFORMANCE SHARE


AGREEMENT


 


THIS PERFORMANCE
SHARE AGREEMENT (the “Agreement”) is effective as of (Date) (the “Date of Grant”),
between MONACO COACH CORPORATION (hereinafter called the “Company”) and (NAME)  (hereinafter called the “Participant”). Unless
otherwise defined herein, the terms defined in the amended and restated 1993
Stock Plan (the “Plan”) will have the same defined meanings in this Agreement.


 


1.             Award Grant. The Company hereby awards to Participant a
target number of Performance Shares equal to (  
#  ) under the Plan. This Award relates to the Performance Period for
fiscal years 2007-2009. The number of Performance Shares that a Participant may
earn will depend upon achievement of targets of Total Shareholder Return and
Return on Net Assets for the Performance Period and will be determined in
accordance with the Performance Share Award Program, a copy of which is
attached hereto as Appendix A. In accordance with the Performance Share Award
Program, the number of the Performance Shares that Participant may earn will
range from zero percent (0%) of the target number of Performance Shares to two
hundred percent (200%) of the target number of Performance Shares. The number
of such Shares shall be determined following the end of the Performance Period,
in accordance with the terms and conditions set forth in the Performance Share
Award Program.


 


2.             Obligation to Pay. Each Performance Share represents the right to receive one Share to the
extent it is earned. Unless and until the Performance Shares are earned in the manner set forth in Section 1 and
the Performance Share Award Program, Participant will have no right to payment
of such Performance Shares. Prior to actual
payment of any earned Performance
Shares,
such Performance Shares will represent an
unsecured obligation. Payment of any earned Performance Shares shall be made in
whole Shares only. Notwithstanding the foregoing provisions of this Section 2,
in the event the Company (or the Subsidiary employing Participant) terminates
Participant as an Employee without Cause or Participant ceases to be an
Employee as the result of Participant’s death or Disability, Participant will
be entitled to receive a pro-rated amount of the Performance Shares that would
have actually been earned during the Performance Period had Participant
remained an Employee through the end of the Performance Period based on the
amount of time Participant was an Employee during the Performance Period, which
will be settled at the time they would have otherwise been paid pursuant to the
Performance Share Award Program. In addition, in the event Participant ceases
to be an Employee as the result of his or her Retirement, Participant will be
entitled to receive 100% of the Performance Shares that would have otherwise
been earned under the Performance Share Award Program had Participant remained
an Employee through the end of the Performance Period, which will be settled at
the time they would have otherwise been paid pursuant to the Performance Share
Award Program. In addition, in the event of a Change in Control that occurs
during the Performance Period while Participant is an Employee, a number of
Performance Shares will be earned and paid out as if all performance objectives
under the Performance Share Award Program had been earned at target, which will
be settled upon consummation of the Change in Control. Subject to the foregoing
acceleration provisions and any such provisions set forth in the Plan, in the
event Participant ceases to be an Employee for any or no reason before
Participant earns the Performance Shares pursuant to this Award, the
Performance Share Award and Participant’s right to acquire any Shares hereunder
will immediately terminate.


 


For purposes of this Section 2, “Cause” is defined as (i) an act
of dishonesty made by Participant in connection with Participant’s
responsibilities as an Employee, (ii) Participant’s conviction of, or plea
of nolo contendere to, a felony, (iii) Participant’s gross
misconduct, or (iv) Participant’s continued substantial


 


1

















 


violations of his employment duties after Participant has received a
demand for performance from the Company.


 


3.             Payment after Earning. Any Performance Shares
that are earned or are deemed earned in accordance with Section 2 will be paid
to Participant (or in the event of Participant’s death, to his or her estate)
in whole Shares, subject to Participant satisfying any applicable tax
withholding obligations as set forth in Section 7. Notwithstanding the
foregoing sentence, to the extent
necessary to avoid the imposition of any additional tax or income recognition
under Section 409A of the Code prior to or upon the actual payment of Shares
pursuant to this Award of Performance Shares that are earned in accordance with
Section 2 will be paid to Participant (or in the event of Participant’s death,
to his or her estate) no earlier than six (6) months and one (1) day following
the date of Participant’s termination of employment with the Company (or any
Affiliate), subject to Section 7. Participant
will not be required to make any additional monetary payment (other than
applicable tax withholding, if any) upon settlement of the Award.


 


4.             Payments
after Death. Any distribution
or delivery to be made to Participant under this Agreement will, if Participant
is then deceased, be made to Participant’s designated beneficiary, or if no
beneficiary survives Participant, the administrator or executor of Participant’s
estate. Any such transferee must furnish the Company with (a) written
notice of his or her status as transferee, and (b) evidence satisfactory
to the Company to establish the validity of the transfer and compliance with
any laws or regulations pertaining to said transfer.


 


5.             Rights as Stockholder. Except as set forth in
Section 4, neither Participant nor any person claiming under or through
Participant will have any of the rights or privileges of a stockholder of the
Company in respect of any Shares deliverable hereunder, unless and until
certificates representing such Shares will have been issued, recorded on the
records of the Company or its transfer agents or registrars, and delivered to
Participant.


 


6.             Effect on Employment. Participant
acknowledges and agrees that the vesting of Performance Shares pursuant to
Section 2 hereof is earned only by Participant continuing to be an Employee
through the applicable vesting dates (and not through the act of being hired or
acquiring Shares hereunder). Participant further acknowledges and agrees that
this Agreement, the transactions contemplated hereunder and the vesting
provisions set forth herein do not constitute an express or implied promise of
Participant continuing to be an Employee for the vesting period, for any
period, or at all, and will not interfere with the Participant’s right or the
right of the Company (or the Affiliate employing Participant) to terminate
Participant as an Employee at any time, with or without cause.


 


7.             Tax Withholding. Notwithstanding any contrary provision of this
Agreement, no certificate representing Shares will be issued to Participant,
unless and until satisfactory arrangements (as determined by the Administrator)
will have been made by Participant with respect to the payment of income,
employment and other taxes which the Company determines must be withheld with
respect to such Shares so issuable. All income, employment and other taxes
related to the Performance Share Award and any Shares delivered in payment
thereof are the sole responsibility of Participant. The Administrator, in its
sole discretion and pursuant to such procedures as it may specify from time to
time, may permit Participant to satisfy such tax withholding obligation, in
whole or in part by one or more of the following (without limitation):
(a) paying cash or (b)  selling a sufficient number of such Shares
otherwise deliverable to Participant through such means as the Company may
determine in its sole discretion (whether through a broker or otherwise) equal
to the amount required to be withheld. If Participant fails to make
satisfactory arrangements for the payment of any required tax withholding
obligations hereunder at the time this Award is otherwise scheduled to vest
pursuant to Section 2, Participant agrees and acknowledges that the Company,


 


2

















 


in
its discretion, shall have the right (but not the obligation) to satisfy any
tax withholding obligations by either (i) reducing the number of Shares
otherwise deliverable to Participant having
a Fair Market Value equal to the minimum amount required to be withheld,
or (ii) selling a sufficient number of Shares otherwise deliverable to
Participant on Participant’s behalf through such means as the Company may
determine in its sole discretion (whether through a broker or otherwise) equal
to the amount required to be withheld.


 


8.             Additional Conditions to Issuance of Stock. If at any time the
Company will determine, in its discretion, that the listing, registration or
qualification of the Shares upon any securities exchange or under any state or
federal law, or the consent or approval of any governmental regulatory
authority is necessary or desirable as a condition to the issuance of Shares to
Participant (or his estate), such issuance will not occur unless and until such
listing, registration, qualification, consent or approval will have been
effected or obtained free of any conditions not acceptable to the Company. Where
the Company determines that the delivery of the payment of any Shares will
violate federal securities laws or other applicable laws, the Company will
defer delivery until the earliest date at which the Company reasonably
anticipates that the delivery of Shares will no longer cause such violation. The
Company will make all reasonable efforts to meet the requirements of any such
state or federal law or securities exchange and to obtain any such consent or
approval of any such governmental authority.


 


9.             Restrictions on Sale of Securities. Subject to Section 8,
the Shares issued as payment for vested Performance Shares awarded under this
Agreement will be registered under the federal securities laws and will be
freely tradable upon receipt. However, Participant’s subsequent sale of the
Shares will be subject to any market blackout-period that may be imposed by the
Company and must comply with the Company’s insider trading policies, and any
other applicable securities laws.


 


10.           Successors. Subject to the limitation on the transferability
of this grant contained herein, this Agreement will be binding upon and inure
to the benefit of the heirs, legatees, legal representatives, successors and
assigns of the parties hereto.


 


11.           Address for Notices. Any notice to be given
to the Company under the terms of this Agreement will be addressed to the
Company, in care of it Secretary at Monaco Coach Corporation, 91320 Coburg
Industrial Way, Coburg, Oregon 97408, or at such other address as the Company
may hereafter designate in writing.


 


12.           Transferability. Except to the limited
extent provided in Section 4, this grant and the rights and privileges
conferred hereby will not be transferred, assigned, pledged or hypothecated in
any way (whether by operation of law or otherwise) and will not be subject to
sale under execution, attachment or similar process. Upon any attempt to
transfer, assign, pledge, hypothecate or otherwise dispose of this grant, or
any right or privilege conferred hereby, or upon any attempted sale under any
execution, attachment or similar process, this grant and the rights and privileges
conferred hereby immediately will become null and void.


 


13.           Plan Governs. This Agreement is subject to all terms and
provisions of the Plan. In the event of a conflict between one or more
provisions of this Agreement and one or more provisions of the Plan, the
provisions of the Plan will govern.


 


14.           Administrator Authority. The Administrator will
have the power to interpret the Plan and this Agreement and to adopt such rules
for the administration, interpretation and application of the Plan as are
consistent therewith and to interpret or revoke any such rules (including, but
not limited to, the determination of whether or not any Performance Shares have
vested). All actions taken and all


 


3

















 


interpretations and determinations made by the
Administrator in good faith will be final and binding upon Participant, the
Company and all other interested persons. No member of the Administrator will
be personally liable for any action, determination or interpretation made in
good faith with respect to the Plan or this Agreement.


 


15.           Electronic Delivery. The Company may, in
its sole discretion, decide to deliver any documents related to Performance
Shares awarded under the Plan or future Performance Shares that may be awarded
under the Plan by electronic means or request Participant’s consent to
participate in the Plan by electronic means. Participant hereby consents to
receive such documents by electronic delivery and agrees to participate in the
Plan through an on-line or electronic system established and maintained by the
Company or another third party designated by the Company.


 


16.           Captions. Captions provided herein are for convenience
only and are not to serve as a basis for interpretation or construction of this
Agreement.


 


17.           Agreement Severable. In the event that any
provision in this Agreement will be held invalid or unenforceable, such
provision will be severable from, and such invalidity or unenforceability will
not be construed to have any effect on, the remaining provisions of this
Agreement.


 


18.           Entire Agreement. This Agreement
constitutes the entire understanding of the parties on the subjects covered. The
Participant expressly warrants that he or she is not executing this Agreement
in reliance on any promises, representations, or inducements other than those
contained herein.


 


19.           Modifications to the Agreement. This Agreement
constitutes the entire understanding of the parties on the subjects covered. The
Participant expressly warrants that he or she is not accepting this Agreement
in reliance on any promises, representations, or inducements other than those
contained herein. Modifications to this Agreement or the Plan can be made only
in an express written contract executed by a duly authorized officer of the
Company. Notwithstanding anything to the contrary in the Plan or this
Agreement, the Company reserves the right to revise this Agreement as it deems
necessary or advisable, in its sole discretion and without the consent of
Participant, to comply with Section 409A of the Code or
to otherwise avoid imposition of any additional tax or income recognition under
Section 409A of the Code prior to the actual payment of Shares pursuant to this
Award of Performance Shares.


 


20.           Amendment, Suspension or Termination of the Plan. By accepting this
Award, the Participant expressly warrants that he or she has received a right
to acquire Shares under the Plan, and has received, read and understood a
description of the Plan. The Participant understands that the Plan is
discretionary in nature and may be modified, suspended or terminated by the
Company at any time.


 


21.           Governing Law. This Agreement shall
be governed by the laws of the State of Oregon, without giving effect to the
conflict of law principles thereof. For purposes of litigating any dispute that
arises under this Award of Performance Shares or this Agreement, the parties
hereby submit to and consent to the jurisdiction of the State of Oregon, and
agree that such litigation shall be conducted in the courts of Lane County,
Oregon, or the federal courts for the United States located in or around Lane
County, Oregon, and no other courts, where this Award of Performance Shares is
made and/or to be performed.


 


4

















 


IN WITNESS WHEREOF, the parties have signed this Agreement effective as
of the date and year indicated above.


 


	
   

  	
  MONACO COACH CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
    Kay L. Toolson, Chairman and

  
	
   

  	
   

  	
    Chief Executive Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
  ACCEPTED

  	
   

  	
   

  
	
   

  	
    Participant

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  PRINT NAME:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  DATE:

  	
   

  	
   

  
							



 


5

















 


Appendix A


 


PERFORMANCE SHARE AWARD PROGRAM


 


6
















 


Monaco Coach Corporation


 


Performance Share Award Program


 


Introductory Note


 


The following Performance Share Award Program
(the “PSA Program”) was approved by the Board of Directors (the “Board”) of
Monaco Coach Corporation (the “Company”) on March 20, 2006. Awards under the
PSA Program will be granted under the Company’s 1993 Stock Plan (the “Plan”). Capitalized
terms not otherwise defined herein will have the meanings given to them under
the Plan.


 


The description provided herein sets forth
the specific terms and conditions of the PSA Program covering eligibility,
performance measures, Performance Period and other key factors not described in
the Plan. Each year when a new three-year Performance Period commences, the
exhibits detailing the specific performance goals for a Performance Period
under the PSA Program will be updated. Each participant in the PSA Program will
receive an agreement that defines the individual terms for participation in a
Performance Period.


 


Purpose


 


The purpose of the PSA Program is to provide a means for rewarding
executives for their success in driving long-term performance results, which
increase shareholder value.


 


Eligibility


 


All Company executives are eligible to participate in the PSA Program,
unless otherwise specifically excluded by the Compensation Committee of the
Board (the “Committee”). Each executive participating in the PSA Program is
referred to as a “Participant.”  To be
eligible to receive an Award, an executive must be actively employed by the
Company or a Subsidiary of the Company on the date a Performance Period
commences. Participation for less than the full Performance Period under
certain circumstances set forth herein or the occurrence of a Change in Control
will allow a Participant to receive all or portion of his or her Award for a
particular Performance Period. An employee who becomes an executive after the
commencement of a Performance Period and within the first ninety (90) days of
such Performance Period may receive a pro-rated Award for such Performance
Period, as determined by the Committee (which employee’s target Award
opportunity must be established no later than the latest possible date that
will not jeopardize such employee’s Award qualification as performance based
compensation under Section 162(m) of the Internal Revenue Code of 1986 as
amended).


 


Termination of Employment and Change in
Control


 


In the event the Company (or the Subsidiary employing a Participant)
terminates a Participant as an Employee without Cause or Participant ceases to
be an Employee as the result of Participant’s death or Disability, Participant
will be entitled to receive a pro-rated amount of the Award that would have
actually been earned during the Performance Period had Participant remained an
Employee through the end of the


 

















 


Performance Period based on the amount of time Participant was an
Employee during the Performance Period, which will be settled at the time it
would have otherwise been paid had Participant remained employed through the
end of the Performance Period. In addition, in the event a Participant ceases
to be an Employee as the result of his or her Retirement, Participant will be
entitled to receive 100% of the Award that would have otherwise been earned had
Participant remained employed through the end of the Performance Period, which
will be settled at the time it would have otherwise been paid had Participant
remained employed through the end of the Performance Period. In addition, in
the event of a Change in Control that occurs during the Performance Period
while a Participant is an Employee, an Award will be deemed earned and paid out
as if all performance objectives under the Performance Share Award Program had
been earned at target, which will be settled upon consummation of the Change in
Control. Subject to the foregoing acceleration provisions and any such
provisions set forth in the Plan, in the event Participant ceases to be an
Employee for any or no reason before Participant earns any portion of an Award,
the Award and Participant’s right to acquire any Shares thereunder will
immediately terminate.


 


Performance Period


 


A Performance Period will coincide with each fiscal year and will
continue for a 3 year period, unless otherwise specified. Each year a new
three-year Performance Period will commence.


 


Award


 


Each Participant in the PSA Program has a target Award opportunity for
the Performance Period, which must be established no later than the latest
possible date that will not jeopardize an Award’s qualification as performance
based compensation under Section 162(m) of the Internal Revenue Code of 1986 as
amended. This target is determined by the Committee. The Award opportunity is
established for each executive pay grade level considering competitive
performance share award opportunities for comparable positions.


 


Performance Goals


 


Participants will have their actual Award payment determined based upon
the Company’s performance. The performance goals established for a Performance
Period and the formula for determining the “Performance Share Award Factor,” as
defined below, will be displayed in Exhibit A.


 


PSA Program Award Formula


 


Participants are limited to a maximum Award equal to 200% of the target
Award established for each Participant by the Committee. Final Awards will be
distributed in shares of the Company’s Common Stock. The Performance Share
Award Factor is the combined performance level achieved by the Company against
the two target measures of Total Shareholder Return (“TSR”) and Return on Net
Assets (“RONA”).


 

















 


The Award formula is provided
below:


 


	
  

  PSA Factors

  

  (TSR & RONA)

  	
   

  	
  

  X

  	
   

  	
  Participant’s Target Award

  (Base Pay x Target percent
  ÷ by Stock Price on Award

  Date)

  	
   

  	
  

  

  =

  	
   

  	
  Final

  Performance

  Share Award

  



 


Tax Withholding


 


The full value of the shares of Common Stock paid pursuant to an Award
is considered wages and is therefore subject to tax withholding at the time of
settlement. To satisfy such tax withholding obligations, a Participant may
request that a sufficient number of Shares be sold to satisfy such tax
withholding obligation, or he or she may provide cash payment to cover such tax
withholding obligation As a condition to receiving an Award, Participants must
acknowledge and agree that if they fail to make satisfactory arrangements for
the payment of any required tax withholding obligations at the time the Award
is otherwise scheduled to vest that the Company, in its discretion, will have
the right (but not the obligation) to satisfy any tax withholding obligations
by either (i) reducing the number of shares of Common Stock otherwise
deliverable having a fair market value equal to the minimum amount required to
be withheld, or (ii) selling a sufficient number of shares of Common Stock
otherwise deliverable on a Participant’s behalf through a broker or such other
means as the Company may determine equal to the amount required to be withheld.


 


Audit and Approval of Awards


 


The Corporate Controller will review the financial calculations
necessary to determine the performance against TSR and RONA measures as shown
in Exhibit A, as well as other steps in determining the actual Award for each
Participant, before Awards are settled. The Committee will approve all Awards
prior to payout. Notwithstanding any contrary provision of this PSA Program,
the Committee, in its sole discretion, may eliminate or reduce an actual Award
payable to any Participant below that which otherwise would be payable under
the Award formula.


 


Payment


 


Awards will be paid as soon as practicable following the completion of
the Performance Period and after the Committee has certified in writing that
the performance goals and other material terms are satisfied.


 


Definitions


 


“Performance Share Award Factor” means the
measure used to calculate the participants payout determined by Company
performance using Total Shareholder Return (TSR) and Return on Net Assets
(RONA) performance measures – see Exhibit A attached.


 


“Retirement” means an Employee who retires on or after age
sixty-two (62) and such individual has been an Employee at least five (5) years
at the date of retirement.


 

















 


EXHIBIT A


 


200X Performance Criteria


Two and Three Year 200X Performance Periods


 


Formula for Calculating the Performance Share Award Factor


 


The following formula will be used to determine the PSA Factor at the
end of the Performance Periods


 





 


TSR Component Factor


 


The following table represents the amount of the TSR Component Factor
earned, based on Total Shareholder Return versus the peer group.


 


	
  TSR Percentile

  	
   

  	
   

  	
   

  
	
  Ranking vs. Peers (1) (2)

  	
   

  	
  TSR Payout %

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  90th

  	
   

  	
  200

  	
  %

  
	
  80th

  	
   

  	
  150

  	
  %

  
	
  70th

  	
   

  	
  125

  	
  %

  
	
  60th

  	
   

  	
  100

  	
  %

  
	
  50th

  	
   

  	
  75

  	
  %

  
	
  40th

  	
   

  	
  50

  	
  %

  
	
  30th

  	
   

  	
  25

  	
  %

  
	
  <30

  	
   

  	
  0

  	
  %

  



 






(1)          The TSR Ranking for each company in the peer
group and the Company will be determined as follows:


 


•                  TSR for the term
will be calculated by taking the company’s stock price at the end of the
Performance Period and adding the value of dividends paid during the
Performance Period (assuming reinvestment). This sum is then divided by the
company’s stock price at the beginning of the Performance Period. Beginning and
ending stock prices will be calculated by taking a 30 day average of the quoted
prices immediately preceding the first and last days of the Performance Period,
respectively


•                  Peer companies
will be ranked from lowest to highest using the above calculation.


 

















 


•                  The Company’s
TSR performance will be compared to the ranked companies to determine the TSR
Component Factor. For example, if the Company ranked equivalent to a company
that ranked in the 50th percentile, the TSR Component Factor would
be 75% of the target Award.


•                  If the Company’s
TSR falls between the levels shown, the TSR Factor will be interpolated.


 


(2)          The following companies comprise the peer
group:


 


	
   

  	
  Peer Group

  
	
   

  
	
   

  	
  Coachmen Industries Inc.

  
	
   

  	
  Fleetwood Enterprises

  
	
   

  	
  National RV Holdings Inc.

  
	
   

  	
  Thor Industries Inc.

  
	
   

  	
  Winnebago Industries

  
	
   

  	
  Dover Corporation

  
	
   

  	
  Greenbrier Companies

  
	
   

  	
  Oshkosh Truck Corp

  
	
   

  	
  Paccar Inc.

  
	
   

  	
  Trinity Industries

  
	
   

  	
  Artic Cat Inc.

  
	
   

  	
  Champion Enterprises Inc.

  
	
   

  	
  Baldor Electric

  
	
   

  	
  Cummins Inc.

  
	
   

  	
  Harley Davidson

  
	
   

  	
  Parker Hannifin Corp.

  
	
   

  	
  Polaris

  
	
   

  	
  Regal-Beloit Corp

  
	
   

  	
  Spartan Motors

  
			



 


Return on Net Assets Factor


 


The Company must achieve an annual average rate of Return on Net Assets
(“RONA”) of at least 1% for the
Performance Period before any Award from the RONA Component Factor is payable.


 


	
  RONA Percentile

  	
   

  	
   

  	
   

  
	
  Ranking vs. Peers (1)

  	
   

  	
  RONA Payout %

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  >90th

  	
   

  	
  200

  	
  %

  
	
  80th – 89th

  	
   

  	
  150

  	
  %

  
	
  70th – 79th

  	
   

  	
  125

  	
  %

  
	
  60th-69th

  	
   

  	
  100

  	
  %

  
	
  50th-59th

  	
   

  	
  75

  	
  %

  
	
  40th-49th

  	
   

  	
  50

  	
  %

  
	
  30th-39th

  	
   

  	
  25

  	
  %

  
	
  <30th

  	
   

  	
  0

  	
  %

  



 

















 






(1)          The RONA Ranking for each company in the peer
group and the Company will be determined as follows:


 


•                  RONA for the
term will be an average of the RONA calculated for each year during the
Performance Period. RONA for each year is calculated by taking a company’s net
income for the year and dividing it by the company’s year-end Net Assets. Net
Assets are defined as the company’s total assets minus non-interest bearing
current liabilities.


•                  Peer companies
will be ranked from lowest to highest using the above calculation.


•                  The Company’s
RONA performance will be compared to the ranked companies to determine the RONA
Component Factor. For example, if the Company ranked equivalent to a company
that ranked in the 60th percentile, the RONA Component Factor would
be 100% of the target Award.


 


(2)          The following companies comprise the peer
group:


 


	
   

  	
  Peer Group

  
	
   

  
	
   

  	
  Coachmen Industries Inc.

  
	
   

  	
  Fleetwood Enterprises

  
	
   

  	
  National RV Holdings Inc.

  
	
   

  	
  Thor Industries Inc.

  
	
   

  	
  Winnebago Industries

  
	
   

  	
  Dover Corporation

  
	
   

  	
  Greenbrier Companies

  
	
   

  	
  Oshkosh Truck Corp

  
	
   

  	
  Paccar Inc.

  
	
   

  	
  Trinity Industries

  
	
   

  	
  Artic Cat Inc.

  
	
   

  	
  Champion Enterprises Inc.

  
	
   

  	
  Baldor Electric

  
	
   

  	
  Cummins Inc.

  
	
   

  	
  Harley Davidson

  
	
   

  	
  Parker Hannifin Corp.

  
	
   

  	
  Polaris

  
	
   

  	
  Regal-Beloit Corp

  
	
   

  	
  Spartan Motors