Document:

Form of Employee Stock Purchase Agreement

 Exhibit 10.11 
  
 STOCK RESTRICTION AGREEMENT 
 (Employee) 
  
 THIS AGREEMENT is made and entered
into effective the      day of                     ,          by and
between                      (“Stockholder”) and Cabela’s Incorporated, a Nebraska corporation (“Company”).

  
 W I T N E S S E T H: 
  
 WHEREAS, concurrently with the execution of this Agreement, Stockholder is
acquiring by purchase certain capital stock of Company, and Stockholder may acquire other stock of Company in the future; 
  
 WHEREAS, Stockholder is presently an employee of Company; 
  
 WHEREAS, it has been and remains the policy of Company to restrict the issuance, transfer and ownership of Company’s capital stock; and 

 
 WHEREAS, as a condition to the sale of its capital stock to Stockholder,
Company has required Stockholder to enter into this Agreement and Stockholder has agreed that he shall hold all capital stock of the Company now or hereafter issued to him subject to this Agreement. 
  
 NOW, THEREFORE, in consideration of the above premises and the mutual
covenants contained herein, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 
  
 1. Stock Subject to Agreement. This Agreement shall apply to all shares of common stock of Company currently owned or hereafter acquired by
Stockholder (hereinafter called “Stock”) and shall supersede any and all previous agreements between the parties relating to the Stock. 
  
 The Stock may consist of Vested Shares or Unvested Shares as each are hereinafter defined. “Vested Shares “ means all shares of Stock which are
not Unvested Shares. “Unvested Shares” means shares of Stock (a) acquired pursuant to the exercise of unvested stock options held by the Stockholder pursuant to the early exercise provisions set forth in the applicable Stock Option
Agreement(s) between the Company and the Optionee pursuant to which the Stock was acquired and, (b) but for the early exercise, which would remain unvested Stock Options according to the terms of the Cabela’s Incorporated 1997 Stock Option Plan
(the “Plan”) and the vesting provisions set forth in the applicable Stock Option Agreement. Any Unvested Shares held by Stockholder on the date of termination of Stockholder’s employment with the Company for any reason shall not
become Vested Shares with the passage of time or otherwise and shall remain Unvested Shares for all purposes hereunder. 
  
 At the time of the initial acquisition of shares of Stock by Stockholder subject to the terms of this Agreement and thereafter at the time of each
additional acquisition of shares of Stock, the parties shall execute a certificate in the form of Exhibit “A” attached to this Stock Restriction Agreement setting forth the Vested Shares and the Unvested Shares covered by this Agreement
and setting forth the dates on which the Unvested Shares shall become Vested Shares according to the vesting provisions in the applicable Stock Option Agreement. The failure of the parties to execute such a certificate shall not affect the status of
the Stock as Vested Shares or Unvested Shares which shall then be determined by reference to the Plan and the applicable Stock Option Agreement(s). 
  

 2. Restriction Against Transfer. Stockholder agrees that Stockholder shall not sell, assign,
pledge, gift or otherwise transfer any of his Stock in any manner other than as permitted in this Agreement. No sale, assignment, pledge, gift or other transfer of any Stock by Stockholder in violation of the provisions of this Agreement, or the
Articles of Incorporation or Bylaws of Company, shall be valid. Company shall not transfer any Stock on the books of Company, nor shall any such Stock be entitled to vote, nor shall any dividends be paid on any such Stock during the period of any
violation under this Agreement. The above disqualifications shall be in addition to and not in lieu of any other remedies, legal or equitable, to enforce these provisions. Nothing contained in this Agreement shall be construed to limit or render
ineffective any of the Articles of Incorporation or Bylaws of Company further restricting or conditioning the transfer of the Stock. 
  
 3. Permitted Sales of the Vested Shares. Stockholder may sell any or all of the Vested Shares if Stockholder shall have first made the offer to
sell hereinafter described and such offer shall not have been accepted; provided, however, the Vested Shares offered hereunder must have been held by Stockholder for at least six months as a condition to being offered under this paragraph 3.

  
 a. Stockholder shall obtain from a third
party purchaser a bona fide written offer to purchase the Vested Shares stating the terms and conditions upon which the purchase is to be made and the consideration offered therefor (a “Third Party Offer”). Before making or agreeing to the
sale, Stockholder shall extend an offer of the Vested Shares (the “Offer”) to the Company. The Offer shall consist of a written offer to sell the Vested Shares that pertains to the proposed sale, which shall set forth the name and address
of the prospective purchaser and shall include a copy of the Third Party Offer. 
  
 b. Within thirty (30) days after receipt of the Offer, Company may at its option elect to purchase all, but not less than all, of the
Vested Shares offered by Stockholder. The notice shall specify the date for the closing of the purchase which shall not be more than sixty (60) days after the date of the giving of such notice. 
  
 c. In the event of any purchase pursuant to subparagraph
3(b) above, the effective date of sale shall be the date of the Offer and the purchase price shall be determined and paid as hereinafter provided in paragraphs 7 and 8, respectively. 
  
 d. If the offer to sell is not accepted by Company, Stockholder may make a bona fide transfer to the
prospective purchaser named in the Third Party Offer, provided such sale shall be made only in strict accordance with the terms therein stated. However, if Stockholder shall fail to make such transfer within thirty (30) days following the expiration
of the time hereinabove provided for the election by the Company, such Vested Shares shall again become subject to all restrictions of this paragraph 3. 
  
 4. Permitted Pledges of the Stock. Stockholder may pledge the Stock only as collateral for loans in connection with the purchase of such Stock not
to exceed the purchase price for the Stock plus any anticipated state or federal taxes owed by Stockholder as a result of the purchase (a “Permitted Loan”) with the prior written consent of the Company, and subject to the express condition
that at the time of the pledge, the pledgee acknowledges and agrees in writing that the pledge shall be subject to the terms of this Agreement. In the event of such a permitted pledge, prior to the time the pledgee initiates proceedings to enforce
its security interest in the Stock, the pledgee must provide the Company written notice of the default of the Stockholder and its intention to initiate enforcement proceedings involving the Stock. For a period of thirty (30) days after receipt of
such a notice (or, in the case of Vested Shares that 

  

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have been outstanding for less than six (6) months as of the date of the notice, thirty (30) days after the date on which the Vested Shares have been
outstanding for six (6) months) (the “Option Period”), the Company shall have the right to purchase the Stock upon written notice to the Stockholder and the pledgee. In the event that the Company does not exercise its Option on or prior to
the Option Date, the pledgee may then initiate proceedings to enforce its security interest in the Stock. For purposes of determining the purchase price and other terms of sale in the event the Company exercises its option to purchase, the effective
date of sale shall be the date on which the Company exercises its option to purchase and the purchase price shall be determined and paid as hereinafter provided in paragraphs 7 and 8, respectively, except that notwithstanding the terms of Section
8(a)(iii) (if it is applicable), the Company shall pay cash at closing up to the amount owed to the pledgee on the Permitted Loan. 
  
 5. Purchase of Stock Upon Stockholder’s Request. In the event Stockholder desires to sell any of his Stock during his lifetime, Stockholder
shall give written notice of such intention to Company (a “Sale Notice”) and within sixty (60) days following receipt of the notice, Stockholder shall sell, and Company shall purchase, all of the offered Stock in accordance with the terms
of this Agreement; provided, however, Stockholder may only sell Vested Shares under this paragraph 5 that have been held by Stockholder for at least six (6) months as of the date of the Sale Notice. For purposes of the sale and purchase pursuant to
this paragraph, the effective date of sale shall be the date of the Sale Notice and the purchase price shall be determined and paid as hereinafter provided in paragraphs 7 and 8, respectively. 
  
 6. Option Respecting Stock Upon Stockholder’s Termination of
Employment. Upon termination of Stockholder’s employment with Company for any reason, the Company shall have the continuing option to purchase and require the Stockholder to sell (the “Call Option”) any Stock owned by Stockholder
or his estate, including any Stock acquired subsequent to termination of his employment pursuant to outstanding stock options issued pursuant to any stock option plan maintained by the Company; provided, however, the Call Option may not be exercised
with respect to any Vested Shares until they have been outstanding for at least six (6) months. The Company shall exercise the Call Option by providing written notice of exercise to the Stockholder or his legal representative (a “Call
Notice”). For purposes of a sale and purchase pursuant to this paragraph, the purchase price and method of payment shall be determined and paid as hereinafter provided in paragraphs 7 and 8, respectively, assuming the effective date of sale is
the date of the Call Notice. 
  
 7. Purchase Price. The
purchase price of any Stock purchased and sold pursuant to this Agreement shall be determined according to the terms of this paragraph 7. 
  
 a. The purchase of any Vested Shares shall be the Fair Market Value thereof as most recently determined prior to the effective date of
sale in the manner provided under the Plan; and 
  
 b. The purchase price of any Unvested Shares shall be the lesser of (i) the amount paid by the Stockholder for the Unvested Shares, and (ii) the Fair Market Value thereof as most recently determined prior to the effective date of sale in
the manner provided under the Plan. 
  
 8. Method of
Payment. The purchase price of any Stock of Company sold and purchased under this Agreement shall be paid in the following manner: 
  
 a. For Vested Shares, the purchase price shall be paid as follows: 
  
 i. The amount of any indebtedness or any other amounts due and payable to Company by Stockholder shall be
credited against the purchase price in partial or full satisfaction, as the case may be, of such indebtedness or other amounts; 
  

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 ii. The balance of the purchase price owed to Stockholder after application of
subparagraph 8(a)(i) above up to the amount paid by Stockholder for the Stock less any amounts paid through application of subparagraph 8(a)(i) above shall be paid in cash at closing; and 
  
 iii. The balance of the purchase price owed to Stockholder
(after application of subparagraphs 8(a)(i) and 8(a)(ii) above) shall be paid through execution and delivery by Company of a promissory note in the principal amount of said balance and providing for payment of said principal plus interest at the
Mid-Term Applicable Federal Rate as of the effective date of sale in sixty (60) equal monthly installments. Said promissory note shall provide for acceleration at the option of the holder in the event Company fails to make any payment within five
(5) days of its due date. Company shall have the right to prepay all or part of said promissory note at any time without penalty. 
  
 b. For Unvested Shares, the purchase price shall be paid as follows: 
  
 i. The amount of any indebtedness or any other amounts due and payable to Company by Stockholder shall be
credited against the purchase price in partial or full satisfaction, as the case may be, of such indebtedness or other amounts; and 
  
 ii. The balance of the purchase price owed to Stockholder after application of subparagraph 8(b)(i) above shall be paid in cash at
closing. 
  
 9. Closing. The closing of any purchase and
sale pursuant to this Agreement shall occur on a date specified by the Company which shall be within sixty (60) days following the effective date of sale. Closing shall take place at the principal office of Company or at such other location as
agreed by the parties. At closing, Stockholder or his personal representative shall execute and deliver to Company such instruments as are necessary to transfer Stockholder’s stock to Company free and clear of any liens or encumbrances. Company
shall make payment of the purchase price to Stockholder upon receipt by Company of the certificate or certificates evidencing the Stock purchased by Company, endorsed in blank or accompanied by the appropriate stock powers executed in blank and
accompanied by such other evidence of authority as may reasonably be required. In the event of failure to deliver to Company the certificate or certificates for the Stock purchased by Company with required evidence of authority at the closing, the
certificates on the books of Company and such Stock shall be deemed to be no longer outstanding. The holder of such Stock shall thereafter have no further interest as a stockholder of Company with respect to such Stock except to receive the purchase
price therefor. 
  
 10. Warranties. Stockholder shall
warrant at closing of any sale of Stock pursuant to the terms hereof that such Stockholder owns the Stock being sold free and clear of all liens and encumbrances, has good title to sell and convey the Stock pursuant to this Agreement, and will
warrant the Stock being sold against the claims of all persons. 
  

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 11. No Duty of Disclosure. Stockholder acknowledges and agrees that Company shall have no duty or
obligation to affirmatively disclose to the Stockholder, and the Stockholder shall have no right to be advised of, any material information regarding the Company at any time prior to, upon or in connection with the Company’s repurchase of the
Stock from the Stockholder under paragraphs 3, 4, 5 and 6 above. 
  
 12. S Corporation Agreements. If, at any time while this Agreement is in effect, the Company is an electing S Corporation under Section 1371(a) of the Internal Revenue Code of 1986, as amended (the “Code”), then the
provisions of this paragraph shall be applicable. Unless and until the Company is an electing S Corporation, the provisions of this paragraph shall not apply. 
  

a. Preservation of S Corporation Status. Stockholder shall take no action which might adversely affect such status and to do and
perform all things reasonably necessary to preserve the status of Company as such. 
  
 b. Permitted Transfers. In addition to the other conditions precedent to transfer of shares to a permitted transferee or other
party, such transferee shall be required to execute such documents and forms and to any and all other things reasonably necessary to assure the preservation of the status of Company as an S Corporation under Section 1361(a) of the Code.
Specifically, but not by way of limitation, the following types of transfers shall be prohibited unless consented to in writing by all then current owners of capital stock of the Company: 
  
 i. A transfer to a transferee whose presence as a
shareholder will raise the number of shareholders in the Company to a number greater than the then current maximum permissible number of shareholders allowed for status of Company as an S Corporation under applicable law; 
  
 ii. A transfer to a transferee who is not eligible to be a
shareholder of an S Corporation under applicable law; or 
  
 iii. A transfer to a transferee that is an entity who may then be eligible to be a shareholder of an S Corporation under applicable law but whose eligibility will be lost merely by the passage of time or whose
eligibility may be lost by affirmative action or failure to act on the part of such entity. 
  
 c. Annual Dividend Declaration. Unless mutually agreed by all then current owners of capital stock of Company, Company shall, no
later than April 1 of each year, distribute a cash dividend to Stockholder in an amount equal to the product of: (a) Company’s taxable net income for the preceding fiscal year which is allocable to Stockholder by reason of the status of Company
as an S Corporation, multiplied by (b) a percentage rate equal to the sum of the then highest statutory federal income tax rate plus the then highest statutory state individual income tax rate applicable to any shareholder, but in any case not to
exceed 50% in the aggregate unless approved by the Board of Directors of Company. 
  
 d. Election Under Section 1377(a)(2) of the Code. Upon any purchase and sale of capital stock of Company pursuant to this Agreement
while Company is an S Corporation, the parties shall execute an election under Section 1377(a)(2) of the Code to have the rules provided in Section 1377(a)(1) of the Code applied as if the taxable year of Company, which includes the date of closing,
consisted of two (2) taxable years. 

  

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The parties agree to take all steps, including signing of documents and making of appropriate filings, to carry out the objectives set forth in the foregoing
sentence. 
  
 13. Life Insurance. The parties acknowledge
and agree that Company may, in its sole discretion, apply for and purchase insurance on the life of Stockholder, in such amounts as Company may deem reasonable from time to time, or in order to ease the performance of its obligation to purchase the
Stock owned by Stockholder in the event of Stockholder’s death. Company may apply for additional insurance or may reduce the amount of insurance, from time to time, as it shall deem reasonable in its sole and absolute discretion. Company shall
not, however, be liable for any failure to purchase insurance on the life of Stockholder. Company shall pay all premiums, name itself as beneficiary and reserve all rights of ownership under said insurance. Stockholder agrees to cooperate with
Company in any reasonable manner required to obtain insurance on his life, including but not limited to, submitting to physical examinations and granting authorization to the insurance company or companies to obtain medical, financial and personal
information regarding Stockholder as the proposed insured. No company issuing a policy of insurance shall be deemed to be a party to this Agreement and shall not, as a condition precedent to the exercise of any of the rights granted by the terms of
such policies, insist on the performance of the terms of this Agreement. All obligations of such insurance company shall be limited and governed solely by the terms of such policy or policies. 
  
 14. Termination of Agreement. Except as provided below, this Agreement
shall terminate upon the occurrence of any of the following events: 
  
 a. The written agreement of the parties hereto; 
  
 b. The repurchase by the Company of all Stock owned by Stockholder; 
  
 c. The sale of substantially all of the assets of the Company and subsequent liquidation of the Company
within one-year thereafter; 
  
 d. A merger,
consolidation or other transaction involving the Company which results in the Common Stock being listed for trading on a national securities exchange or NASDAQ/NMS or in Stockholder receiving in exchange for his common stock in the Company capital
stock of Company or some other party to such transaction that is so listed. 
  
 e. The completion of an offering by the Company of its Common Stock to the general public pursuant to a registration statement filed under the Securities Act of 1933, as amended; and 
  
 f. The bankruptcy or dissolution of the Company. 

 
 The foregoing notwithstanding, this Agreement shall not terminate and
shall remain in full force and effect so long as there remains any Unvested Shares but only with respect to the Unvested Shares. 
  
 15. Endorsement on Certificates. Each certificate representing Stock, now or hereafter held by Stockholder, shall have imprinted thereon a legend
in substantially the following form: 
  
 Any transfer of the
shares represented by this certificate is restricted under the terms of a Stock Restriction Agreement between the Company and the Stockholder named on the front of this certificate, a copy of which agreement is on file in the office of the Company.

  

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 16. Specific Performance and Injunction. The parties recognize that the failure to perform any of
the obligations herein would cause irreparable harm to Company for which remedies at law would be inadequate. Therefore, it is agreed that in the event of breach or threatened breach by Stockholder, Company shall be entitled to obtain specific
enforcement of any and all obligations herein and Stockholder specifically waives the defense that an adequate remedy exists at law. Company shall be entitled to also pursue any other remedies, including recovery of damages from Stockholder, for
such breach or threatened breach. 
  
 17. Notices. Any
notices required or permitted to be given under this Agreement shall be in writing and shall be sufficient if delivered in person or sent by certified mail, return receipt requested. The notice to Stockholder or Stockholder’s personal
representatives, heirs, executors, administrators or conservators, if mailed, shall be sent to Stockholder’s last known address. The notice to Company shall be delivered or mailed to its principal office to the attention of the President.

  
 18. Beneficiary Designation. Stockholder may, by
written instrument delivered to Company during his lifetime, designate primary and contingent beneficiaries to receive any payment which may be payable hereunder following such Stockholder’s death, and may designate the portions in which such
beneficiaries are to receive such payments. Stockholder may change such designation from time to time, and the last written designation filed with Company prior to Stockholder’s death will control. If Stockholder fails to designate a
beneficiary, or if no designated beneficiary survives Stockholder, or if all designated beneficiaries who survive Stockholder die before all payments are made, remaining payments shall be made to the legal representatives of Stockholder’s
estate and shall release Company from all future liability hereunder. 
  
 19. Waiver of Breach. Company’s waiver of any breach by Stockholder of this Agreement shall not operate as a wavier of any continuing or further breaches by Stockholder. 
  
 20. Employment. Stockholder acknowledges and agrees that nothing in
this Agreement shall be construed as creating a guarantee of continued employment and that he is and shall continue, unless otherwise agreed in writing, to be an employee “at will” of Company. 
  
 21. Successors and Assigns. The rights and obligations of the parties
under this Agreement shall be binding upon and shall inure to the benefit of the successors and assigns of Company and to the personal representatives, executors, administrators, heirs and assigns of Stockholder. 
  
 22. Severability. In the event that any section, paragraph,
subsection, sentence, clause, phrase or term of this Agreement shall be declared invalid, such invalidity shall not thereby affect or impair the validity of the remainder of the Agreement. 
  
 23. Modification. No change or modification of this Agreement shall be
valid unless the same shall be in writing and signed by both of the parties hereto. 
  
 24. Entire Agreement. This instrument contains the entire agreement of the parties regarding the holding of common stock of Company and shall supersede and replace any and 

  

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all prior agreements and understandings between the parties hereto concerning the subject matter hereof. 
  
 25. Governing Law. This Agreement shall be construed and enforced in
accordance with the laws of the State of Nebraska. 
  
 IN WITNESS
WHEREOF, Company has caused this Agreement to be signed by its duly authorized officers and Stockholder has executed this Agreement, as of the date and year first above written. 
  

			
	CABELA’S INCORPORATED, a Nebraska corporation
		
	By	 	 
	 	 	

	 Its
	 	 
	 	 	

	 	 	 
	

					
	
	 	, Stockholder

  

 8First Amendment to Credit Agreement, dated as of October 9, 2001

 Exhibit 10.16 
  
 FIRST AMENDMENT TO CREDIT AGREEMENT 
  
 THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) made and entered into as of September 5, 2002, is by and among CABELA’S
INCORPORATED, a Nebraska corporation (“Cabela’s”), CABELA’S RETAIL, INC., a Nebraska corporation, VAN DYKE SUPPLY COMPANY, INC., a South Dakota corporation, CABELA’S VENTURES, INC., a Nebraska corporation, CABELA’S
OUTDOOR ADVENTURES, INC., a Nebraska corporation, CABELA’S CATALOG, INC., a Nebraska corporation, CABELA’S WHOLESALE, INC., a Nebraska corporation, CABELA’S PROMOTIONS, INC., a Nebraska corporation, CABELAS.COM, INC., a Nebraska
corporation (collectively, the “Existing Borrowers”), WILD WINGS, LLC, a Minnesota limited liability company (“Wild Wings”), CABELA’S LODGING, LLC, a Nebraska limited liability company (“Lodging”), and
HERTER’S, LLC, a Nebraska limited liability company (“Herter’s”), the banks which are signatories hereto (individually, a “Bank” and, collectively, the “Banks”), LASALLE BANK NATIONAL ASSOCIATION, a national
banking association, one of the Banks, WACHOVIA BANK, NATIONAL ASSOCIATION (formerly known as First Union National Bank), a national banking association, one of the Banks, COMERICA BANK, one of the Banks, WELLS FARGO BANK NEBRASKA, N.A., a national
banking association, one of the Banks, and U.S. BANK NATIONAL ASSOCIATION, a national banking association (“USBNA”), one of the Banks, as agent for the Banks (in such capacity, the “Agent”). 
  
 RECITALS 
  
 A. The Existing Borrowers, the Banks and the Agent entered into a Credit
Agreement dated as of October 9, 2001 (as the same may be from time to time amended, restated or otherwise modified, the “Credit Agreement”). 
  
 B. Each of Wild Wings, Lodging and Herter’s has agreed to become a Borrower under the Credit Agreement and has agreed to become jointly and severally
liable for all of the Borrowers’ obligations thereunder. 
  
 C. The Borrowers have requested the Banks and the Agent to amend certain provisions contained in the Credit Agreement, and the Banks and the Agent have agreed to do so, subject to the terms and conditions set forth in this Amendment.

  
 AGREEMENT 
  
 NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy
of which are hereby acknowledged, the parties hereto hereby covenant and agree to be bound as follows: 
  
 Section 1. Capitalized Terms. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to them in the
Credit Agreement, unless the context shall otherwise require. 
  

 Section 2. Amendments. The Credit Agreement is amended as follows: 
  
 2.1 Definitions. Section 1.1 of the Credit
Agreement is hereby by amended as follows: 
  
 2.1.1 The definition of “Borrowers” is hereby amended to include Wild Wings, LLC, a Minnesota limited liability company, Cabela’s Lodging, LLC, a Nebraska limited liability company, and Herter’s, LLC, a Nebraska limited
liability company. 
  
 2.1.2 The definitions of
“Change of Control,” “Current Assets,” “Current Liabilities,” “Fixed Charge Coverage Ratio,” “Interest Expense,” “Net Cash Proceeds,” and “WFB” are each hereby amended in their
entirety to read as follows: 
  
 “Change
of Control”: The occurrence, after the Closing Date, of any of the following circumstances: (a) except as permitted under Section 6.2, Cabela’s shall cease to own, directly or indirectly, 100% of the shares of each class of the voting
stock or other equity interest of each other Borrower; or (b) Richard N. Cabela and James W. Cabela shall cease to own at least fifty and one tenth percent (50.1 %) of the ownership interests in Cabela’s. 
  
 “Current Assets”: As of any date, the
current assets of the Borrowers and the Subsidiaries except WFB, determined on a consolidated basis, and on a first in, first out basis, in accordance with GAAP. 
  
 “Current Liabilities”: As of any date, the current liabilities of the Borrowers and the
Subsidiaries except WFB, determined on a consolidated basis in accordance with GAAP. 
  
 “Fixed Charge Coverage Ratio”: For any period of determination ending on a Measurement Date, the ratio of 
  

	 	(a)	EBITDAR minus the sum of (i) any cash dividends, (ii) Capital Expenditures other than Capital Expenditures for real estate, and (iii) tax expenses of the Borrowers and the
Subsidiaries paid in cash, in each case for the twelve month period ending on such Measurement Date, 

  
 to 
  

	 	(b)	 the sum of (i) Interest Expense, (ii) all required principal payments with respect to Coverage Indebtedness of the Borrowers and the Subsidiaries except WFB
(including but not limited to all payments with respect to Capitalized Lease Obligations but excluding payments in respect of Revolving Loans), and (iii) Operating Lease Obligations of the Borrowers and the Subsidiaries except WFB, in each 

  

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case for the twelve month period ending on such Measurement Date, 

  
 in each case determined for said period in accordance with GAAP. 
  
 “Interest Expense”: For any period of
determination, the aggregate amount, without duplication, of interest paid, accrued or scheduled to be paid in respect of any Indebtedness of the Borrowers or any Subsidiary except WFB, including (a) all but the principal component of payments in
respect of conditional sale contracts, Capitalized Leases and other title retention agreements, (b) commissions, discounts and other fees and charges with respect to letters of credit and bankers’ acceptance financings and (c) net costs under
interest rate protection agreements, in each case determined in accordance with GAAP. 
  
 “Net Cash Proceeds”: The gross cash proceeds received by any Borrower or any Subsidiary except WFB with respect to (a)
any offering of capital stock or issuance of Indebtedness by the Borrower or Subsidiary or (b) any sale or other disposition by such Borrower or such Subsidiary of Investments, less all legal, underwriting and other fees and expenses incurred by
such Borrower or such Subsidiary in connection therewith. 
  
 “WFB”: World’s Foremost Bank, N.A., a national banking association, and a Subsidiary of Cabela’s. 
  
 2.1.3 The definitions of “Non WFB Revolving Outstandings,” “Known Commitment Amount,” “Total Non WFB Revolving
Outstandings,” “WFB Commitment Amount,” and “WFB Revolving Outstandings” are hereby deleted. 
  
 2.2 Revolving Credit. Section 2.1 (a) of the Credit Agreement is hereby amended by deleting the phrase “(i) subject to Section
2.20, the Total Non WFB Revolving Outstandings to exceed the Non WFB Commitment Amount, or (ii)” as it appears therein. 
  
 2.3 Revolving Loan Procedures. Section 2.2(a) of the Credit Agreement is hereby amended by deleting the phrase “, and (v)
subject to Section 2.19, whether the proceeds of such Revolving Loans will be Non WFB Revolving Outstandings or WFB Revolving Outstandings” as it appears in the second sentence thereof, and adding the word “and”. before clause (iv) of
such sentence. 
  
 2.4 Paydown Provision.
Section 2.7(b) of the Credit Agreement is hereby amended in its entirety to read as follows: 
  
 (b) Pay Down of Revolving Loans. In addition to all other payments upon the Revolving Loans required by this Agreement, the Borrowers
shall cause the aggregate unpaid principal balance of Revolving Outstandings to be reduced to zero for a period of not less than thirty (30) consecutive days during each 

  

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twelve month period beginning on October 1 of each year commencing with the period from October 1, 2001 to October 1, 2002. 
  
 2.5 Use of Loan Procedures. Section 2.19 of the
Credit Agreement is hereby amended in its entirety to read as follows: 
  
 Section 2.19 Use of Loan Proceeds. The proceeds of the Revolving Loans shall be used for the Borrowers’ general business purposes, including working capital support, in a manner not in conflict with any of
the Borrowers’ covenants in this Agreement, and to refinance Swing Line Loans as provided in subsection 2.3(c). 
  
 2.6 Financial Statements and Reports. Section 5.1(a) of the Credit Agreement is hereby amended by replacing the words “Grant
Thornton” contained therein with the words “Deloitte and Touche”. 
  
 2.7 Merger. Section 6.1 of the Credit Agreement is hereby amended in its entirety to read as follows: 
  
 Section 6.1 Merger. No Borrower will merge or
consolidate or enter into any analogous reorganization or transaction with any Person or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution) nor permit any Subsidiary, except as permitted under Section 6.2, to do any of
the foregoing, except that (i) any wholly owned Subsidiary may merge or consolidate with any Borrower provided that such Borrower is the surviving entity of any such merger or consolidation, (ii) any wholly-owned Subsidiary may merge or consolidate
with any other wholly owned Subsidiary, (iii) any Borrower may merge or consolidate with any other Borrower, of (iv) any Subsidiary that is not a Borrower may merge or consolidate with any Person provided that such Subsidiary is the surviving entity
of any such merger or consolidation and immediately after giving effect to any such merger or consolidation no Default or Event of Default shall have occurred and be continuing. 
  
 2.8 Disposition of Assets. Section 6.2 of the Credit Agreement is hereby amended in its entirety to
read as follows: 
  
 Section 6.2 Disposition
of Assets. No Borrower will, nor will permit any Subsidiary to, directly or indirectly, sell, assign, lease, convey, transfer or otherwise dispose of (whether in one transaction or a series of transactions) any property (including accounts and
notes receivable, with or without recourse) or enter into any agreement to do any of the foregoing, except: 
  
 (a) dispositions of inventory, or used, worn out or surplus equipment, all in the ordinary course of business; 
  
 (b) sales of unimproved parcels of real estate that are not
required or anticipated to be required for any Borrower’s or any Subsidiary’s business purposes; 
  

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 (c) the sale of equipment to the extent that such equipment is exchanged for credit
against the purchase price of similar replacement equipment, or the proceeds of such sale are applied with reasonable promptness to the purchase price of such replacement equipment; 
  
 (d) sales or transfers by a wholly owned Subsidiary of any Borrower to a Borrower or another wholly owned
Subsidiary of a Borrower; 
  
 (e) other
dispositions of property during the term of this Agreement whose net book value in the aggregate does not exceed 10% of the Borrowers’ total assets as shown on its balance sheet for fiscal year 2001; 
  
 (f) commercially reasonable securitizations of the assets
of WFB; 
  
 (g) the sale or other disposition of
(i) Investments that do not constitute Investments in any Borrower or any Subsidiary, and (ii) TIF Notes; 
  
 (h) the sale, merger, consolidation of WFB or all or substantially all of its assets, provided that (i) the Borrower’s Agent
provides written notice to the Agent not less than ten (10) days prior to the closing of any such transaction, and (ii) at the time of and after giving effect to such transaction the Borrowers shall be in compliance with all of their obligations
under the Loan Documents and no Default or Event of Default shall have occurred and be continuing; or 
  
 (i) the sale, merger or consolidation of (A) any Subsidiary that is not a Borrower other than WFB or (B) all or substantially all of the
assets of any such Subsidiary, in each case provided that (x) the Borrower’s Agent provides to the Agent written notice not less than ten (10) days prior to the closing of any such transaction, (y) the sum of the book value of the assets
transferred in any such transactions in any consecutive 365 day period shall not exceed 25% of the consolidated total assets of the Borrowers and the Subsidiaries as of the end of the most recently ended calendar month preceding any such
transaction, and (z) at the time of, and after giving effect to, such transaction the Borrowers shall be in compliance with all of its obligations under the Loan Documents and no Default or Event of Default shall have occurred and be continuing.

  
 2.9 Subsidiaries. Section 6.5 of the
Credit Agreement is hereby amended in its entirety to read as follows: 
  
 Section 6.5 Subsidiaries. Except as permitted in Sections 6.1 and 6.2, no Borrower will, nor will permit any Subsidiary to, do any of the following: (a) form or enter into any partnership or joint venture where
such Borrower or such 

  

 5 

 
Subsidiary shall have unlimited liability for the liabilities of the partnership or joint venture; (b) take any action, or permit any Subsidiary to take any
action, which would result in a decrease in any Borrower’s or any Subsidiary’s ownership interest in any Subsidiary; or (c) form or acquire any Person that would thereby become a Subsidiary unless, immediately upon the closing of such
formation or acquisition, such Person shall enter into documents requested by the Agent to provide that such Person shall be obligated to repay the Loans and other amounts payable under the Loan Documents and otherwise be bound by the terms and
conditions of the Loan Documents. 
  
 2.10
Investments. Section 6.11 of the Credit Agreement is hereby amended in its entirety to read as follows: 
  
 Section 6.11 Investments. No Borrower will, nor will permit any Subsidiary to, acquire for value, make, have or hold any
Investments, except: 
  
 (a) Investments
existing on the date of this Agreement and described in Schedule 6.11. 
  
 (b) Travel advances to management personnel and employees in the ordinary course of business not to exceed $1,000,000 in the aggregate from the Closing Date through the Termination Date. 
  
 (c) Investments in readily marketable direct obligations
issued or guaranteed by the United States or any agency thereof and supported by the full faith and credit of the United States. 
  
 (d) Certificates of deposit or bankers’ acceptances maturing no more than one hundred twenty (120) days from the date of creation
thereof issued by commercial banks incorporated under the laws of the United States of America, each having combined capital, surplus and undivided profits of not less than $500,000,000 and having a rating of “A” or better by a nationally
recognized rating agency; provided, that the aggregate amount invested in such certificates of deposit shall not at any time exceed $5,000,000 for any one such certificate of deposit and $10,000,000 for any one such bank. 
  
 (e) Time deposits maturing no more than thirty (30) days
from the date of creation thereof with commercial banks or savings banks or savings and loan associations each having membership either in the FDIC or the deposits of which are insured by the FDIC and in amounts not exceeding the maximum amounts of
insurance thereunder. 
  
 (f) Commercial paper
maturing no more than one hundred twenty (120) days from the date of creation thereof and currently having the highest rating obtainable from either Standard & Poor’s Rating Services, a division of The McGraw Hill Companies, Inc., or
Moody’s Investors Services, Inc. 
  

 6 

 (g) Repurchase agreements relating to securities issued or guaranteed as to principal
and interest by the United States of America with a term of not more than seven (7) days; provided all such agreements shall require physical delivery of the securities securing such repurchase agreement, except those delivered through the Federal
Reserve Book Entry System. 
  
 (h) Other readily
marketable Investments in debt securities which are reasonably acceptable to the Majority Banks. 
  
 (i) Loans made from time to time from one Borrower to another. 
  
 (j) Loans or deposits by any Borrower or any Subsidiary to or in WFB, provided that such loans or deposits
do not exceed $20,000,000 in the aggregate at any time that there are Revolving Outstandings. 
  
 (k) Contributions of capital by any Borrower or any Subsidiary to WFB provided such contributions do not exceed $15,000,000 in any fiscal
year or $40,000,000 in the aggregate from the Closing Date through the Termination Date. 
  
 (l) Investments in tax increment financing notes, sales tax bonds, or similar bond instruments where the proceeds of those instruments
are used for the sole purpose of (i) construction of or furnishings for a new store owned by any Borrower or any Subsidiary, (ii) public infrastructure construction or improvements required in respect of such new store construction, (iii) other
improvements in a common development of which such new store is part, or (iv) legal, underwriting and other fees and expenses incurred by any Borrower or any Subsidiary in connection with such instruments. 
  
 (m) Credit card loans by WFB to the extent and in the
amount permitted by WFB’s Articles of Association dated as of November 30, 2000. 
  
 (n) Investments in businesses located in common developments of which a new store owned by any Borrower or any Subsidiary is part
provided such Investments are in the form of contributions by such Borrower or such Subsidiary of unimproved parcels of real estate that are part of such common development but that are not required or anticipated to be required for such new store.

  
 (o) Investments not to exceed the aggregate
sum of the Net Cash Proceeds from the sale or other disposition of Investments that do not constitute (i) Investments in any Borrower or any Subsidiary, or (ii) TIF Notes. 
  

 7 

 (p) Other Investments (except an Investment by any Borrower or any Subsidiary with
respect to WFB) if the consideration therefor does not exceed $10,000,000 for any single Investment or $20,000,000 in the aggregate in any fiscal year. 
  
 Any Investments under clauses (c), (d), (e) or (f) above must mature within one year of the acquisition thereof by the Borrowers. 
  
 2.11 Indebtedness. Section 6.12 of the Credit
Agreement is hereby amended in its entirety to read as follows: 
  
 Section 6.12 Indebtedness. No Borrower will, nor will permit any Subsidiary to, incur, create, issue, assume or suffer to exist any Indebtedness, except: 
  
 (a) The Obligations and the Rate Protection Obligations.

  
 (b) Current Liabilities, other than for
borrowed money, incurred in the ordinary course of business. 
  
 (c) Indebtedness existing on the date of this Agreement and disclosed on Schedule 6.12 hereto, but not including any extension or refinancing thereof and Indebtedness of WFB for borrowed money from Wells Fargo Bank
Nebraska, N.A. not to exceed $20,000,000. 
  
 (d) Indebtedness secured by Liens permitted under Section 6.13 hereof. 
  
 (e) Indebtedness where the proceeds of such Indebtedness are used to purchase tax increment financing notes, sales tax bonds, or similar
bond instruments as allowed pursuant to Section 6.11(1). To the extent that principal and interest proceeds from these Permitted Investments exceed the principal and/or interest of this Permitted Indebtedness, such excess shall be held in escrow
until the corresponding Indebtedness is extinguished. 
  
 (f) Indebtedness arising from or consisting of deposits into WFB by any Person other than a Borrower or a Subsidiary to the extent such deposits are permitted by WFB’s Articles of Association dated as of November 30, 2000. 

 
 (g) Indebtedness consisting of loans between Borrowers.

  
 (h) Contingent Obligations permitted under
Section 6.14. 
  
 (i) Indebtedness consisting of
obligations arising from issuance and sale of notes of Cabela’s in an amount not to exceed $125,000,000 in the aggregate, provided that such obligations are (i) 

  

 8 

 
unsecured, and (ii) subordinate, junior in rank or pari passu with the Obligations. 
  
 (j) Other Indebtedness in the aggregate not to exceed $50,000,000. 
  
 2.12 Continent Obligations. Section 6.14 of the
Credit Agreement is hereby amended in its entirety to read as follows: 
  
 Section 6.14 Continent Liabilities. No Borrower will, nor will permit any Subsidiary to, be or become liable on any Contingent Obligations except (a) Contingent Obligations existing on the date of this
Agreement and described on Schedule 6.14, (b) Contingent Obligations for the benefit of the Banks or any Rate Protection Providers, or (c) Contingent Obligations with respect to Indebtedness of the Borrowers permitted pursuant to Section 6.12(e).

  
 2.13 Tangible Net Worth. Section 6.15
of the Credit Agreement is hereby amended in its entirety to read as follows: 
  
 6.15 Tangible Net Worth. The Borrowers will not permit the Tangible Net Worth as of any Measurement Date to be less than the sum of (i) $150,000,000 plus (ii) fifty percent (50%) of the Borrowers’ and the
Subsidiaries’ cumulative consolidated net income as determined in accordance with GAAP for each fiscal year ending after the Closing Date. 
  
 2.14 Schedules. Schedules 4.19, 6.6, 6.11, 6.12, 6.13 and 6.14 to the Credit Agreement are each hereby amended in their entireties
to read as set forth on Schedules 4.19, 6.6, 6.11, 6.12, 6.13 and 6.14, respectively, attached to this Amendment. 
  
 Section 3. Effectiveness of Amendments. The amendments contained in this Amendment shall become effective, and the WFB commitment shall
terminate, upon delivery to the Agent of, and compliance by the Borrowers with, the following: 
  
 3.1 This Amendment, duly executed by the Borrowers, the Banks and the Agent. 
  
 3.2 An amended and restated Revolving Notes in the form
attached hereto as Exhibit A, duly executed by the Borrowers and dated the date hereof. 
  
 3.3 An amended and restated Term Notes in the form attached hereto as Exhibit B, duly executed by the Borrowers and dated the date hereof.

  
 3.4 An amended and restated Swing Line Note
in the form attached hereto as Exhibit C, duly executed by the Borrowers and dated the date hereof. 
  
 3.5 A joinder agreement in the form attached hereto as Exhibit D (the “Joinder Agreement”), duly executed by Wild Wings, Lodging
and Herter’s and dated the date hereof. 
  

 9 

 3.6 A certificate of the Secretary or Assistant Secretary of each of Wild Wings, Lodging
and Herter’s dated the date hereof and certifying as to the following: 
  
 (A) A true and correct copy of the company resolutions of such Borrower authorizing the execution, delivery and performance of the Joinder Agreement, this Amendment and the documents executed in connection herewith
(collectively, the “Amendment Documents”); 
  
 (B) The incumbency, names, titles and signatures of the officers of such Borrower authorized to execute the Amendment Documents to which such Borrower is a party; 
  
 (C) A true and correct copy of the Certificate of Formation of such Borrower, with all amendments thereto,
certified by the appropriate governmental official of the jurisdiction of its formation as of a date not more than 30 days prior to the date hereof; and 
  
 (D) A true and correct copy of the operating agreement for such Borrower. 
  
 3.7 A certificate of good standing for each of Wild Wings; Lodging and Herter’s in the jurisdiction of
its formation and in each State in which the character of the properties owned or leased by such Borrower or the business conducted by such Borrower makes such qualification necessary, certified by the appropriate governmental officials as of a date
not more than 30 days prior to the date hereof. 
  
 3.8 A written opinion of Koley Jessen, P.C., a limited liability organization, counsel for the Borrowers, covering matters requested by, and in form and substance satisfactory to, the Agent and its counsel, addressed to the Banks and dated
the date hereof, delivered to the Agent in sufficient counterparts for each Bank. 
  
 3.9 A certificate or certificates of the Secretary or Assistant Secretary of each Existing Borrower certifying (i) as to a copy of the
resolutions of the Board of Directors of such Borrower authorizing the execution, delivery and performance of the Amendment Documents to which such Borrower is a party, (ii) as to the incumbency, names, titles and signatures of the officers of such
Borrower authorized to execute the Amendment Documents to which it is a party; (iii) that there has been no amendment to the Articles of Incorporation of such Borrower, a certified copy of each which was delivered to the Agent by such Borrower with
a Certificate of the Secretary of such Borrowers dated October 9, 2001, and (iv) that there has been no amendment to the bylaws of such Borrower since a true and accurate copy of the each were delivered to the Agent with a certificate of the
Secretary of such Borrower dated October 9, 2001. 
  
 3.10 An amended and restated Intercreditor Agreement, in form and substance satisfactory to the Banks, duly executed by each party thereto. 
  
 3.11 The Borrowers shall have satisfied such other conditions as reasonably specified by the Agent or counsel to the Agent. 
  

 10 

 Section 4. Representations; No Default. The Borrowers hereby represent that on and as of
the date hereof and after giving effect to this Amendment (a) all of the representations and warranties contained in the Credit Agreement are true, correct and complete in all respects as of the date hereof as though made on and as of such date,
except to the extent such representations and warranties specifically relate to an earlier date, in which case they are true and correct as of such earlier date, and (b) there will exist no Default or Event of Default on such date which has not been
waived by the Banks. The Borrowers represent and warrant that the Borrowers have the power and legal right and authority to enter into the Amendment Documents and have duly authorized as appropriate the execution and delivery of the Amendment
Documents by proper corporate action, and neither this Amendment, the other Amendment Documents, nor the agreements contained herein or therein contravene or constitute a default under any agreement, instrument or indenture to which a Borrower is a
party or a signatory or any provision of a Borrower’s Articles of Incorporation, bylaws or, to the best of the Borrowers’ knowledge, any other agreement or requirement of law. The Borrowers represent and warrant that no consent, approval
or authorization of or registration or declaration with any Person, including but not limited to any governmental authority, is required in connection with the execution and delivery by the Borrowers of the Amendment Documents or the performance of
obligations of the Borrowers described therein. The Borrowers represent and warrant that the Amendment Documents are the legal and binding obligations of the Borrowers, enforceable in accordance with their terms. The Borrowers warrant that no events
have taken place and no circumstances exist at the date hereof which would give the Borrowers a basis to assert a defense, offset or counterclaim to any claim of the Banks or the Agent as to any obligations of the Borrowers to the Banks or the
Agent. 
  
 Section 5. Affirmation, Further
References. The Borrowers, the Banks and the Agent each acknowledge and affirm that the Credit Agreement, as hereby amended, is hereby ratified and confirmed in all respects and all terms, conditions and provisions of the Credit Agreement,
except as amended by this Amendment, shall remain unmodified and in full force and effect. All references in any document or instrument to the Credit Agreement are hereby amended and shall refer to the Credit Agreement as amended by this Amendment.

  
 Section 6. Merger and Integration, Superseding
Effect. This Amendment, from and after the date hereof, embodies the entire agreement and understanding between the parties hereto with respect to the subject matter hereof, and supersedes and has merged into it all prior oral and written
agreements on the same subjects by and between the parties hereto with the effect that this Amendment shall control with respect to the specific subjects hereof. 
  
 Section 7. Legal Expenses. As provided in Section 9.2 of the Credit Agreement, the Borrowers agree to
reimburse the Agent upon demand for all out of pocket expenses (including attorneys’ fees and legal expenses of Dorsey & Whitney LLP, counsel for the Agent) incurred in connection with the negotiation or preparation of this Amendment and
the other Amendment Documents negotiated and prepared in connection with this Amendment, and the Borrowers agree to reimburse the Agent upon demand for all other reasonable expenses, including attorneys’ fees incurred as a result of or in
connection with the enforcement of the Borrowers’ obligations under the Credit Agreement as amended hereby, including, without limitation, all expenses of collection of any loans made or to be made under the Credit Agreement as amended hereby.

  

 11 

 Section 8. Severability. Each provision of this Amendment and any other statement,
instrument or transaction contemplated hereby or relating hereto shall be interpreted in such manner as to be effective, valid and enforceable under the applicable law of any jurisdiction, but, if any provision of this Amendment or any other
statement, instrument or transaction contemplated hereby or thereby or relating hereto or thereto shall be held to be prohibited, invalid or unenforceable under the applicable law, such provision shall be ineffective in such jurisdiction only to the
extent of such prohibition, invalidity or unenforceability, without invalidating or rendering unenforceable the remainder of such provision or the remaining provisions of this Amendment or any other statement, instrument or transaction contemplated
hereby or thereby or relating hereto or thereto in such jurisdiction, or affecting the effectiveness, validity or enforceability of such provision in any other jurisdiction. 
  
 Section 9. Successors. This Amendment shall be binding upon the Borrowers, the Banks and the Agent and their
respective successors and assigns, and shall inure to the benefit of the Borrowers, the Banks and the Agent and the successors and assigns of the Banks and the Agent. 
  
 Section 10. Headings. The headings of various sections of this Amendment have been inserted for reference only
and shall not be deemed to be a part of this Amendment. 
  
 Section 11. Counterparts. This Amendment may be executed in several counterparts, all or any of which shall be regarded as one and the same instrument and any party to this Amendment may execute this Amendment by executing a
counterpart of this Amendment. 
  
 Section 12. Governing
Law. The validity, construction and enforceability of this Amendment shall be governed by the internal laws of the State of Minnesota, without regard to conflict of law principles. 
  
 [The remainder of this page is left blank intentionally.] 

 

 12 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the date and year
first above written. 
  

			
	 CABELA’S INCORPORATED

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Vice President

  

			
	 CABELA’S CATALOG, INC.

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 President

  

			
	 CABELA’S PROMOTIONS, INC.

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Vice President

  

			
	 CABELA’S RETAIL, INC.

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Vice President

  

			
	 CABELA’S OUTDOOR ADVENTURES, INC.

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Vice President

  
  

			
	 CABELAS.COM, INC.

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 President

  

			
	 CABELA’S WHOLESALE, INC.

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Vice President

  

			
	 CABELA’S VENTURES, INC.

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 President

  

			
	 WILD WINGS, LLC

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Manager

  

			
	 CABELA’S LODGING, LLC

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Manager and President

  
  

			
	 HERTER’S, LLC

	
	 By: Cabela’s Wholesale, Inc., Manager

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Vice President

  

			
	 VAN DYKE SUPPLY COMPANY, INC.

		
	 By:
	 	 /s/ David A. Roehr

	 	 	

	 Title:
	 	 Secretary and Treasurer

  

			
	 U.S. BANK NATIONAL ASSOCIATION,
 In its individual corporate capacity and as Agent

		
	 By:
	 	 /s/ James M. Williams

	 	 	

	 Its:
	 	 Vice President

  

			
	 LASALLE BANK NATIONAL ASSOCIATION

		
	 By:
	 	 /s/ Darren Lemkau

	 	 	

	 Its:
	 	 First Vice President

  

			
	 WACHOVIA BANK, NATIONAL ASSOCIATION

		
	 By:
	 	 /s/ Mark S. Supple

	 	 	

	 Its:
	 	 Vice President

  
  

			
	 COMERICA BANK

		
	 By:
	 	 /s/ Timothy O’Rourke

	 	 	

	 Its:
	 	 Vice President

  

			
	 WELLS FARGO BANK NEBRASKA, N.A.

		
	 By:
	 	 /s/ Bill Weber

	 	 	

	 Its:
	 	 Vice President

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