EX-10.1



 Exhibit 10.1 
 REPURCHASE AGREEMENT 
 This REPURCHASE AGREEMENT (this
“Agreement”) is made and entered into as of January 18, 2012 by and between Thor Industries, Inc., a Delaware corporation (the “Company”), and the Estate of Wade F. B. Thompson (“Stockholder”).

 RECITALS 
 WHEREAS, Stockholder is the owner of record and beneficially of One Million (1,000,000) shares of common stock, $0.10 par value, of the Company (the “Common Stock”); and 

WHEREAS, in order to consummate a plan to diversify Stockholder’s investment holdings, Stockholder desires to sell to the Company,
and the Company is willing to purchase from Stockholder, 1,000,000 shares (the “Repurchased Shares”) of Common Stock at $28.50 per share, for an aggregate purchase price of $28,500,000 (the “Aggregate Cash
Consideration”), subject to the terms and conditions set forth in this Agreement. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth, the parties hereto agree as follows:

 1. Repurchase. Subject to the terms and conditions set forth in this Agreement, Stockholder hereby sells, assigns,
transfers, conveys and delivers all its right, title and interest in and to the Repurchased Shares to the Company free and clear of all liens, encumbrances, pledges, options, warrants, rights of first refusal, claims, charges, restrictions or claims
or rights of third parties of any kind or nature (collectively, “Liens”). The Company hereby purchases and accepts delivery of the Repurchased Shares in exchange for the payment of the Aggregate Cash Consideration. Stockholder
hereby acknowledges and agrees that receipt of the Aggregate Cash Consideration shall constitute complete satisfaction of all obligations or any other sums due to such Stockholder with respect to the purchase of the Repurchased Shares. 

2. Closing. The closing of the purchase provided for herein (the “Closing”) shall take place at the offices of
Akin Gump Strauss Hauer & Feld LLP, counsel to the Company, located at One Bryant Park, New York, New York 10036, on the date hereof (or at such other place upon which the parties hereto may mutually agree). At the Closing, the following
shall occur: 
 a. Stockholder Deliveries. Stockholder shall surrender to the Company the stock certificates (if any)
representing the Repurchased Shares owned by Stockholder and shall deliver all other documents and instruments reasonably necessary for the transfer of the Repurchased Shares to the Company, including an appropriate stock power, duly endorsed in
blank. With respect to the Repurchased Shares that are to be delivered through the facilities of The Depository Trust Company that are credited to or otherwise held in a securities account maintained by Stockholder, Stockholder shall take such
actions necessary to provide appropriate instruction to the relevant financial institution or other entity with which Stockholder’s account is maintained to effect the transfer of the Repurchased Shares from Stockholder’s account to an
account at a financial institution designated by the Company for the receipt of the Repurchased Shares so transferred. In connection with any account to which the Repurchased Shares are credited or otherwise held, Stockholder shall execute and
deliver such other and further documents or instruments necessary, in the reasonable opinion of the Company, to effect a legally valid transfer to the Company hereunder. 







 b. Company Deliveries. The Company shall deliver to Stockholder the Aggregate Cash
Consideration by wire transfer of immediately available funds to an account designated in writing by Stockholder to the Company prior to the Closing. 
 3. No Further Ownership Interest. From and after the Closing, Stockholder shall have no further right or title to or interest in the Repurchased Shares or any dividends, distributions, equity
interests or other rights in respect thereof. 
 4. Representations and Warranties of Stockholder. Stockholder represents
and warrants to the Company as follows: 
 a. Title to Shares. Stockholder owns good and marketable title to and is the
record and beneficial owner of the Repurchased Shares and such Repurchased Shares are free and clear of all Liens. Except for this Agreement, Stockholder has not entered into or agreed to be bound by any other arrangements or agreements of any kind
with any other person or entity with respect to the Repurchased Shares, including, but not limited to, arrangements or agreements with respect to the acquisition or disposition thereof or any interest therein or the voting of any such Repurchased
Shares. 
 b. Authority; Binding Effect. Stockholder has all requisite power and authority and has taken all necessary
action required for the due authorization, execution, delivery and performance by Stockholder of this Agreement and the consummation of the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of Stockholder,
enforceable against Stockholder in accordance with its terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws relating to or affecting enforcement of
creditors’ rights generally and except as enforcement thereof is subject to general principles of equity (regardless of whether enforcement is considered in a proceeding in equity or at law). 

c. Governmental Authorization; Third Party Consent. No approval, consent, compliance, exemption, authorization, or other action by
or notice to, or filing with, any governmental authority or any other person or entity in respect of any requirements of law or otherwise is necessary or required by Stockholder in connection with the execution, delivery or performance by
Stockholder of this Agreement, except for such approval, consent, compliance, exemption, authorization, or other action which, if not obtained or made, would not reasonably be likely to prevent or materially delay Stockholder from performing its
obligations under this Agreement in all material respects. 
 d. Brokers or Finders. Stockholder has not employed
or entered into any agreement with, nor is Stockholder subject to, any valid claim of any broker, finder, consultant, or other intermediary in connection with the transactions contemplated by this Agreement who might be entitled to a fee or
commission in connection with such transactions. 
 e. Legal Proceedings. There are no legal proceedings pending or, to
the knowledge of Stockholder, threatened, to which Stockholder is or may be a party, that (i) challenge the validity or enforceability of Stockholder’s obligations under this Agreement or (ii) seek to prevent, delay or otherwise would
reasonably be expected to materially adversely affect the consummation by Stockholder of the transactions contemplated hereby. 

  
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 5. Representations and Warranties of the Company. The Company represents and warrants
to Stockholder as follows: 
 a. Authority; Binding Effect. The Company is a corporation validly existing and in good
standing under the laws of the State of Delaware and has all requisite power and authority and has taken all necessary action required for the due authorization, execution, delivery and performance by the Company of this Agreement and the
consummation of the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as enforcement thereof may be limited by bankruptcy,
insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws relating to or affecting enforcement of creditors’ rights generally and except as enforcement thereof is subject to general principles of equity (regardless of
whether enforcement is considered in a proceeding in equity or at law). 
 b. No Violation. Neither the execution and
delivery of this Agreement by the Company, nor the purchase of the Repurchased Shares owned by Stockholder pursuant to this Agreement, will (i) result in a breach of its organizational documents, (ii) result in a default (or give rise to
any right of termination, cancellation or acceleration) under any of the terms, conditions or provisions of any material agreement, lease or other instrument or obligation to which the Company is a party, except for such defaults (or rights of
termination, cancellation or acceleration) as to which requisite waivers or consents have been obtained and are in full force and effect or which would not impair the Company’s ability to consummate the transactions contemplated by this
Agreement, or (iii) violate any order, writ, injunction or decree applicable to the Company or any of the Company’s material assets. 
 c. Governmental Authorization; Third Party Consent. No approval, consent, compliance, exemption, authorization, or other action by or notice to, or filing with, any governmental authority or any
other person or entity in respect of any requirements of law or otherwise is necessary or required by the Company in connection with the execution, delivery or performance by the Company of this Agreement, except for such approval, consent,
compliance, exemption, authorization, or other action which, if not obtained or made, would not reasonably be likely to prevent or materially delay the Company from performing its obligations under this Agreement in all material respects.

 d. Brokers or Finders. The Company has not employed or entered into any agreement with, nor is the Company
subject to, any valid claim of any broker, finder, consultant, or other intermediary in connection with the transactions contemplated by this Agreement who might be entitled to a fee or commission in connection with such transactions. 

e. Exchange Act Reports. The Company’s reports filed with the Securities and Exchange Commission (the
“Commission”) pursuant to Section 13(a), 13(c) or 15(d) of the Securities Exchange Act of 1934, as amended, since August 1, 2009 and any amendment or supplement thereto, did not, when filed with the Commission (or, if
amended or supplemented prior to the date of this Agreement, as of the date of such amendment or supplement), and do not, as of the date hereof, contain an untrue statement of material fact or omit to state a material fact necessary in order to make
the statements made therein, in the light of the circumstances under which they were made, not misleading. 
 6.
Miscellaneous. 
 a. Amendment. This Agreement may not be amended or waived in any respect except by a written
agreement signed by each of the parties hereto. 
 b. Survival. Each of the representations, warranties, covenants and
agreements contained in this Agreement shall survive the Closing and continue in full force and effect in accordance with its terms, but is subject to all applicable statutes of limitation, statutes of repose and other similar defenses provided in
law or equity. 

  
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 c. Entire Agreement. This Agreement constitutes the entire agreement between the
parties hereto with respect to the subject matter hereof and thereof and shall supersede all previous negotiations, commitments, agreements and understandings (both oral and written) with respect to such subject matter. 

d. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be an original and all of which,
when taken together, shall constitute one agreement. Delivery of an executed counterpart of a signature page of this Agreement by facsimile transmission or electronic image scan shall be effective as delivery of a manually executed counterpart of
this Agreement. 
 e. Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of
the State of New York. 
 f. Expenses. Each party shall bear its own expenses and fees in connection with the execution of
this Agreement and the consummation of the transactions contemplated hereby. 
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the
date first written above. 
  

			
	THOR INDUSTRIES, INC.
		
	By:	 	/s/ Peter Orthwein
		 	Name: Peter Orthwein
		 	Title: Chairman, President and CEO


  

			
	ESTATE OF WADE F. B. THOMPSON
		
	By:	 	/s/ Angela E. Thompson
		 	Name: Angela E. Thompson
		 	Title: Co-Executor


  

			
	By:	 	/s/ Alan Siegel
		 	Name: Alan Siegel
		 	Title: Co-Executor


 [Signature page to Repurchase Agreement]