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                                                                   EXHIBIT 10.13

                                                               February 16, 1996

                           SCOTSMAN INDUSTRIES, INC.

                 1996 EXECUTIVE INCENTIVE COMPENSATION PROGRAM

                                    PLAN B-1

                             PARTICIPANT___________

1.       General

         (a)      This Plan for annual bonus, designed to provide increased
                  incentive through additional compensation to selected key
                  personnel, to be paid from profits to which such personnel
                  have contributed by their services during the fiscal year, is
                  declared effective for the bonus year ending December 31, 1995
                  to continue in effect thereafter from year to year unless
                  amended or discontinued as hereinafter provided.

         (b)      The Plan, as applicable to any current bonus year, may be
                  amended, revised or discontinued by action of the Management
                  Compensation Committee (the "Committee") of Scotsman
                  Industries only if extraordinary factors occur during the year
                  that would require restructuring of the Plan.

         (c)      The bonus for the preceding bonus year shall be paid in cash
                  to each participant, or in case of death, to his heirs or
                  personal representatives, each year following completion of
                  the regular annual audit by independent public accountants,
                  which normally is completed before February 28.

         (d)      A participant shall have no rights or obligations with respect
                  to any completed bonus year by reason of adjustments
                  applicable thereto made subsequent to determination of the
                  bonus for such completed bonus year. No rights of any nature
                  shall accrue to any participant or employee with respect to
                  any future bonus year.

         (e)      The Committee may at any time amend, revise or discontinue the
                  Executive Incentive Compensation Program as applicable to
                  subsequent bonus years.

2.       Participants in Bonus

         (a)      Participants shall include key personnel selected as herein
                  provided. The Chairman, President and Chief Executive Officer
                  of Scotsman Industries shall recommend to the Committee prior
                  to March 1 of each year for its approval, revision or
                  disapproval, lists of names of employees for participation in
                  the bonus for the current bonus year.

         (b)      The Chairman, President and Chief Executive Officer of
                  Scotsman Industries may at any time during the bonus year
                  recommend to the Committee additional names of employees for
                  participation beginning at a fixed date in the year and upon
                  approval by the
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                  Committee such employees shall participate in the bonus for
                  that portion of the year subsequent to the fixed date.

         (c)      The Chairman, President and Chief Executive Officer of
                  Scotsman Industries may at any time during the bonus year
                  recommend to the Committee the exclusion, for cause, of any
                  employee from participation in the bonus for the year or for
                  any portion thereof. Upon approval of the recommendation by
                  the Committee, any such employee shall not participate in the
                  bonus for such year or for any portion of the year subsequent
                  to a date fixed by the Committee.

         (d)      A participant who is separated from employment, for any
                  reason, except death, disability, or retirement, prior to the
                  end of the bonus year shall not participate in the bonus or
                  any part thereof for the bonus year. However, the Chairman,
                  President and Chief Executive Officer of Scotsman Industries
                  may, at his sole discretion, recommend the separated employee
                  to the Committee for participation for all or part of the
                  bonus year.

3.       Computation of Bonus

         (a)      The actual bonus earned shall consist of two parts. Part I is
                  discretionary subject to a maximum of 15.0%; Part II is the
                  percentage of the Net Operating Income objective earned
                  subject to a maximum bonus of 15.0%, the percentage of the ROI
                  objective earned subject to a maximum bonus of 10.0% and the
                  percentage of the Working Capital to Sales of 10.0%. For
                  purposes of this Plan, the bonus percentages are set at
                  various levels as follows:

<TABLE>
<CAPTION>
                                                             BONUS PERCENTAGE EARNED
                                              -----------------------------------------------------
                                              Cut-In          Par           Premium         Maximum
                                              ------          ---           -------         -------
                                              <S>            <C>            <C>             <C>
Part I - Individual Performance
  Discretionary                                  0            7.5%           11.3%            15.0%

Part II - Team Results
  Net Operating Income                           0            7.5%           11.2%            15.0%
  Return on Investment                           0            5.0%            7.5%            10.0%
  Working Capital to Sales                       0            5.0%            7.5%            10.0%
                                                 -           ----            ----             ----
  Total                                          0           25.0%           37.5%            50.0%
                                                 =           ====            ====             ====
</TABLE>

                  The bonus percentage under Part II for attainment of
                  objectives between any of the levels will be calculated on a
                  pro rata basis.
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         (b)      The discretionary bonus earned by each participant shall vary
                  from zero to a maximum of 15%. The percentage shall be
                  recommended by the Chairman, President and Chief Executive
                  Officer for approval or revision by the Committee.

         (c)      The Net Operating Income, Return on Investment and Working
                  Capital to Sales objectives for each Division will be
                  established by the Committee in U.S. dollars.

         (d)      The bonus payable to each participant shall be a percentage,
                  as determined in paragraphs 3(a), 3(b), and 3(c), of the
                  participant's bonus base. The maximum bonus payable under the
                  Plan is 50% of the participant's bonus base.

4.       Definitions

         (a)      The Bonus Year is based on the accounting year used by
                  Scotsman Industries.

         (b)      A participant's bonus base shall be the amount of compensation
                  received by an employee during that portion of the bonus year
                  during which he/she is designated as a participant. For the
                  purposes hereof, compensation shall be the participant's base
                  rate compensation exclusive of bonuses payable hereunder,
                  company contributions to a pension plan and any and all rights
                  and benefits therein, or any other form of bonus, overtime, or
                  such other payments as may be excluded by the Committee.

         (c)      Division net operating income (NOI) shall be profit before
                  taxes on income of each participating division for the bonus
                  year, as determined in accordance with generally accepted
                  accounting principles, adjusted to eliminate extraordinary
                  gains and losses as determined by the Committee and interest
                  expense/income on debt and investments. NOI will be measured
                  on a LIFO basis covering U.S. operations and on a FIFO basis
                  covering foreign operations. However, any U.S. operations with
                  Corporate approved FIFO inventories will be measured on a FIFO
                  basis covering those inventories.

         (d)      Division average investment shall be the reported net assets
                  of the division adjusted to eliminate cash balances, short and
                  long-term investments including interdivision notes
                  receivable, short and long-term debt including interdivision
                  notes payable and obligations under capital leases, and
                  accrued and deferred taxes on income. Division average
                  investment may be adjusted to reflect extraordinary changes in
                  the net investment as determined by the Committee. Inventories
                  will be stated on a LIFO basis covering U.S. operations and on
                  a FIFO basis covering foreign operations.

         (e)      Working Capital to Sales shall be the percentage of the
                  monthly average of the reported consolidated working capital
                  to the annual sales of the participant's division excluding
                  inter-division/inter-company transactions. Working Capital is
                  defined as the net book value of the sum of trade accounts
                  receivable, inventory and trade accounts payable. Average
                  working capital will be based on month end balances starting
                  with the ending balance of the preceding year and ending with
                  the year end balance of the bonus year
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                  (average of 13 monthly balances), adjusted to eliminate
                  extraordinary gains and losses determined by the Committee.