Document:

<PAGE>   1
                                                             Exhibit 4.5

                              ROCKFORD CORPORATION

                                    INCENTIVE
                             STOCK OPTION AGREEMENT

      This Stock Option Agreement ("Agreement") made as of the day of , 1994, by
and between Rockford Corporation ("Corporation") and _____________ ("Optionee").

INTRODUCTION

      Optionee is a valuable employee of the Corporation and the Corporation
considers it in its best interests that Optionee be given an inducement to
acquire a proprietary interest in the Corporation.

AGREEMENTS

      The parties agree as follows:

      1.    Grant of Option.

      The Corporation grants to Optionee the option to purchase 2,500 shares of
its common stock ("Stock") at a price of $6.50 per share, pursuant to the
Rockford Corporation 1994 Stock Option Plan ("Plan"). This Option is an
"incentive option" as that term is defined in Section 422 of the Internal
Revenue Code of 1986.

      2.    Time of Exercise.

      The Option shall be exercisable on the Grant Date (as defined in the
Plan), as to 25% of the shares. Thereafter, an additional 25% of the original
number of shares subject to the Option may be purchased after the completion of
each additional one year of employment measured from the Grant Date. After three
years of employment from the Grant Date, the Option shall be fully exercisable.
Notwithstanding the preceding exercisability schedule, if at any time before the
Option becomes fully exercisable (a) the Corporation's shares become registered
under the Securities Act of 1933, the Option shall become fully exercisable upon
the effective date of the registration and (b) the Corporation enters into an
agreement to sell all or substantially all of the Corporation's shares or
assets, the Option shall become fully exercisable upon the date of Closing of
the agreement to sell. An agreement for merger or consolidation will be
considered an "agreement to sell" under this section if, after the merger,
Corporation's shareholders do not continue to hold a controlling interest in the
surviving corporation.

      3.    Method of Exercise.

      The Option shall be exercised by delivery of the notice in the form
attached as Exhibit A to the Secretary of the Corporation together with a check
in payment of the Option price for the number of shares specified plus
applicable federal and state withholding taxes. At the discretion of the Board,
Optionee may pay for the Stock through delivery of Stock with a fair market
value equal to the Option price. Options may be exercised only with respect to
whole shares. Fair market value shall be determined in good faith by the Board
of Directors of the Corporation.
<PAGE>   2
      4.    Termination of Option.

      The Option, to the extent not exercised, shall terminate upon the first to
occur of:

            (a) termination of employment of Optionee; provided, however, that
the Option, to the extent exercisable on the date of termination of employment,
may be exercised by his or her personal representative for a period of ninety
days after termination of employment on account of death; or

            (b) ten years from the date of this Agreement.

      5.    Non-Transferability of Option.

      Except as provided in Section 4(a), the Option is not transferable by the
Optionee.

      6.    Rights Prior to Exercise.

      The Optionee shall have no rights as a shareholder with respect to any
Stock issued to the Optionee as a result of the exercise of an Option under this
Agreement and any Stock owned by the Optionee as a result of Stock splits, Stock
dividends or otherwise on the Stock issued as a result of the exercise of an
Option under this Agreement until the date of issuance of a share certificate to
the Optionee for such Option Stock.

      7.    Restrictions on Stock.

      Option Stock shall be subject to the following restrictions:

            (a) During the period beginning with the Optionee's termination of
employment for any reason except death and ending six months thereafter, the
Corporation shall have the right to call any of the Option Stock from the then
current holder of the Option Stock at the purchase price equal to the fair
market value of the Stock as determined in good faith by the Board. If the
Optionee's employment is terminated by death, the Corporation's call option
shall expire nine months after the Optionee's death. If the Corporation calls
any of the Option Stock, the then current holder of the Option Stock shall
surrender such Stock, duly endorsed for transfer, upon payment of the purchase
price.

            (b) Each Stock certificate issued for Option Stock shall bear a
legend evidencing the restrictions contained in this Section 7.

      8.    Repurchase in Certain Cases. If Optionee exercises any Options and
later terminates his or her employment and within one year thereafter engages in
any activities, directly or indirectly, either as a consultant, employee,
shareholder, partner or otherwise with any business that competes with the
Corporation, Optionee, upon demand of the Corporation at any time thereafter,
shall surrender to the Corporation for repurchase, all shares purchased on
exercise of Options under this Agreement. The repurchase price, payable in cash,
shall be the lesser of the price Optionee paid for the shares or the fair market
value of the shares, as determined by the Board in its discretion at the date of
repurchase.

      9.    Miscellaneous.

      This Agreement is subject to all the provisions of the Rockford
Corporation 1994 Stock Option Plan as it may be amended from time to time.

                                     - 2 -
<PAGE>   3
      10.   Execution.

      The parties hereto have executed this Agreement on the dates show below.

                                    ROCKFORD CORPORATION

                                    By:
                                       ---------------------------------
                                          President

                                    OPTIONEE

                                    ------------------------------------

                                     - 3 -
<PAGE>   4
                                    EXHIBIT A

                               NOTICE OF EXERCISE
                                       OF
                             INCENTIVE STOCK OPTION

          I hereby  exercise  the Option  granted to me by Rockford  Corporation
("Corporation")  pursuant to the Stock  Purchase  Agreement and notify you of my
desire to purchase _________ shares of Stock of the Corporation.

          Enclosed is:

                  (a) my check in the amount of  $__________,  in full  payment
for such shares; or

                  (b) a certificate  for, or my binding and irrevocable  request
that you  withhold  from the shares to be  delivered  pursuant  to this  notice,
shares of Stock of the  Corporation  having a fair  market  value on the date of
exercise  equal to the full  Option  price for the shares  purchased  under this
notice  and the  federal  and  state  withholding  taxes due as a result of such
purchase.

          I represent and warrant to the Corporation and agree as follows:

          1.  Information,  Experience and Economic  Ability.  I have received a
copy of the Plan, and as an employee, I have access to information regarding the
Corporation  and have been afforded the opportunity to ask questions and receive
additional information from the Corporation regarding the terms of an investment
in the Stock,  and my  requests  for  information  have been  satisfied.  I have
business  experience  and  knowledge  adequate  to  evaluate  the  risks  of  an
investment  in the Stock,  and I can bear the economic  risk of losing my entire
investment  in the  Stock and can  afford  to hold the  Stock for an  indefinite
period of time.  I have  adequate  means of providing  for my current  needs and
personal  contingencies  and have no need for liquidity in the Stock for which I
am exercising the Option.  My overall  commitment to  investments  which are not
readily marketable is not disproportionate to my net worth, and my investment in
the Stock  will not cause  such  overall  commitments  to  become  excessive.  I
acknowledge  that I have been  advised  to  consult  my tax and  legal  advisors
regarding my investment in the Stock.

          2. Restrictions on Transfer.  I acknowledge that there are substantial
restrictions on the  transferability  of the Stock under  securities laws unless
they are  registered  or an exemption  from such  registration  is available and
established to the satisfaction of the Corporation;  that investors in the Stock
have no rights to require that the Stock be  registered  under  federal or state
securities  laws or to require the Corporation to make available the information
that would enable the Stock to be sold  pursuant to Rule 144 under the Act; that
there  may  never  be a public  market  for the  Stock  so that it may  never be
possible  for  me to  liquidate  my  investment  in  the  Stock;  and  that  the
certificates  representing  the  Stock  will  bear  a  legend  referring  to the
foregoing transfer restrictions.

          3. No Distribution. The Stock to be delivered pursuant to the exercise
of the Option is being acquired  solely for my own account,  and not with a view
to or for the resale, distribution, subdivision or fractionalization thereof.

                                       1
<PAGE>   5
          4. Accuracy of Representations. I understand that the Corporation will
have the right to reject this  Notice of Exercise if it believes  for any reason
that the undersigned is unsuitable to invest in the Stock under federal or state
securities  laws;  that the Corporation is relying upon the  representations  in
this notice in determining  my  suitability as an investor in the Stock;  that I
would not be permitted to purchase the Stock if any  representation  or warranty
were known to be materially false; that a false  representation may constitute a
violation of law; and that any person who suffers  damage as a result of a false
representation may have a claim against me.

                                                 OPTIONEE

                                              _______________________________

                                              Dated _________________________

                                       2
<PAGE>   6
                              ROCKFORD CORPORATION

                                  NON-QUALIFIED
                             STOCK OPTION AGREEMENT

         This Stock Option  Agreement  ("Agreement")  made as of the ____ day of
_________,  2000,  by  and  between  Rockford  Corporation  ("Corporation")  and
_________________ ("Optionee").

INTRODUCTION

         Optionee  is a  ___________  of the  Corporation  and  the  Corporation
considers  it in its best  interests  that  Optionee be given an  inducement  to
acquire a proprietary interest in the Corporation.

AGREEMENTS

         The parties agree as follows:

          1. Grant of Option.

         The Corporation grants to Optionee the option to purchase ______ shares
of its common stock  ("Stock")  at a price of $10.50 per share,  pursuant to the
Rockford  Corporation  1994 Stock  Option Plan  ("Plan").  This Option is not an
"incentive  option"  as that term is  defined  in  Section  422 of the  Internal
Revenue Code of 1986.

          2. Time of Exercise.

         The Option  shall be  exercisable  on the Grant Date (as defined in the
Plan),  as to 25% of the shares.  Thereafter,  an additional 25% of the original
number of shares subject to the Option may be purchased  after the completion of
each additional one year of employment measured from the Grant Date. After three
years of employment from the Grant Date, the Option shall be fully  exercisable.
Notwithstanding the preceding exercisability schedule, if at any time before the
Option becomes fully exercisable (a) the Corporation's  shares become registered
under the Securities Act of 1933, the Option shall become fully exercisable upon
the effective date of the  registration  and (b) the Corporation  enters into an
agreement  to sell  all or  substantially  all of the  Corporation's  shares  or
assets,  the Option shall become fully  exercisable  upon the date of Closing of
the  agreement  to sell.  An  agreement  for  merger  or  consideration  will be
considered  an  "agreement  to sell" under this  section  if,  after the merger,
Corporation's shareholders do not continue to hold a controlling interest in the
surviving corporation.

          3. Method of Exercise.

         The Option  shall be  exercised  by  delivery of the notice in the form
attached as Exhibit A to the Secretary of the Corporation  together with a check
in  payment  of the  Option  price  for the  number  of  shares  specified  plus
applicable  federal and state withholding taxes. At the discretion

<PAGE>   7
of the Board,  Optionee may pay for the Stock  through  delivery of Stock with a
fair market value equal to the Option price,  plus applicable  federal and state
withholding  taxes.  Options may be exercised only with respect to whole shares.
Fair market value shall be determined in good faith by the Board of Directors of
the Corporation.

          4. Termination of Option.

          The Option,  to the extent not  exercised,  shall  terminate  upon the
first to occur of:

             (a)  termination of the Optionee's  services as a _________;
          provided,  however,  that the Option, to the extent exercisable on the
          date of  termination  of service as a  _________,  may be exercised by
          Optionee or his or her personal  representative for a period of ninety
          days after termination on account of death; or

             (b)  ten years from the date of this Agreement.

          5. Non-Transferability of Option.

          Except as provided in Section 4(a), the Option is not  transferable by
the Optionee.

          6. Rights Prior to Exercise.

          The Optionee shall have no rights as a shareholder with respect to any
Stock issued to the Optionee as a result of the exercise of an Option under this
Agreement and any Stock owned by the Optionee as a result of Stock splits, Stock
dividends or  otherwise  on the stock issued as a result of the  exercises of an
Option under this  Agreement  ("Option  Stock")  until the date of issuance of a
share certificate to the Optionee for such Option Stock.

          7. Restrictions on Stock.

         Option Stock shall be subject to the following restrictions:

             (a)  During  the  period  beginning  with the  termination  of
         service as a ________ for any reason except death and ending six months
         thereafter,  the  Corporation  shall  have the right to call any of the
         Option  Stock from the then  current  holder of the Option Stock at the
         purchase  price  equal  to  the  fair  market  value  of the  Stock  as
         determined  in good  faith by the  Board.  If  Optionee's  service as a
         ________ is terminated by death,  the  Corporation's  call option shall
         expire nine months after the Optionee's death. If the corporation calls
         any of the Option  Stock,  the then current  holder of the Option Stock
         shall surrender such Stock, duly endorsed for transfer, upon payment of
         the purchase price.

             (b) Each share certified  issued for Option Stock shall bear a
         legend evidencing the restrictions contained in this Section 7.

                                      -2-
<PAGE>   8
         8. Repurchase in Certain Cases.  If Optionee  exercises any Options and
later terminates his or her service as a ________ and within one year thereafter
engages in any  activities,  directly  or  indirectly,  either as a  consultant,
employee, shareholder, partner or otherwise with any business that competes with
the  Corporation,   Optionee,  upon  demand  of  the  Corporation  at  any  time
thereafter,  shall  surrender  to the  Corporation  for  repurchase,  all shares
purchased on exercise of Options under this  Agreement.  The  repurchase  price,
payable in cash,  shall be the lesser of the price  Optionee paid for the shares
or the fair  market  value of the  shares,  as  determined  by the  Board in its
discretion at the date of repurchase.

          9. Miscellaneous.

          This  Agreement  is  subject  to all the  provisions  of the  Rockford
Corporation 1994 Stock Option Plan as it may be amended from time to time.

          10. Execution.

          The parties  hereto have  executed  this  Agreement  on the date shown
below.

                                           ROCKFORD CORPORATION

                                           By:
                                               _______________________
                                                  Chairman

                                           OPTIONEE

                                           By:
                                               _______________________

                                      -3-
<PAGE>   9
                                    EXHIBIT A

                               NOTICE OF EXERCISE
                                       OF
                           NON-QUALIFIED STOCK OPTION

          I hereby  exercise  the Option  granted to me by Rockford  Corporation
("Corporation")  pursuant  to the Stock  Option  Agreement  and notify you of my
desire to purchase _________ shares of Stock of the Corporation.

          Enclosed is:

                  (a) my check in the amount of $__________, in full payment for
such shares and the federal and state  withholding taxes due as a result of such
purchase; or

                  (b) a certificate  for, or my binding and irrevocable  request
that you  withhold  from the shares to be  delivered  pursuant  to this  notice,
shares of Stock of the  Corporation  having a fair  market  value on the date of
exercise  equal to the full  Option  price for the shares  purchased  under this
notice  and the  federal  and  state  withholding  taxes due as a result of such
purchase.

          I represent and warrant to the Corporation and agree as follows:

          1.  Information,  Experience and Economic  Ability.  I have received a
copy of the Plan, and as a director, I have access to information  regarding the
Corporation  and have been afforded the opportunity to ask questions and receive
additional information from the Corporation regarding the terms of an investment
in the Stock,  and my  requests  for  information  have been  satisfied.  I have
business  experience  and  knowledge  adequate  to  evaluate  the  risks  of  an
investment  in the Stock,  and I can bear the economic  risk of losing my entire
investment  in the  Stock and can  afford  to hold the  Stock for an  indefinite
period of time.  I have  adequate  means of providing  for my current  needs and
personal  contingencies  and have no need for liquidity in the Stock for which I
am exercising the Option.  My overall  commitment to  investments  which are not
readily marketable is not disproportionate to my net worth, and my investment in
the Stock  will not cause  such  overall  commitments  to  become  excessive.  I
acknowledge  that I have been  advised  to  consult  my tax and  legal  advisors
regarding my investment in the Stock.

          2. Restrictions on Transfer.  I acknowledge that there are substantial
restrictions on the  transferability  of the Stock under  securities laws unless
they are  registered  or an exemption  from such  registration  is available and
established to the satisfaction of the Corporation;  that investors in the Stock
have no rights to require that the Stock be  registered  under  federal or state
securities  laws or to require the Corporation to make available the information
that would enable the Stock to be sold  pursuant to Rule 144 under the Act; that
there  may  never  be a public  market  for the  Stock  so that it may  never be
possible  for  me to  liquidate  my  investment  in  the  Stock;  and  that  the
certificates  representing  the  Stock  will  bear  a  legend  referring  to the
foregoing transfer restrictions.

<PAGE>   10
          3. No Distribution. The Stock to be delivered pursuant to the exercise
of the Option is being acquired  solely for my own account,  and not with a view
to or for the resale, distribution, subdivision or fractionalization thereof.

          4. Accuracy of Representations. I understand that the Corporation will
have the right to reject this  Notice of Exercise if it believes  for any reason
that the undersigned is unsuitable to invest in the Stock under federal or state
securities  laws;  that the Corporation is relying upon the  representations  in
this notice in determining  my  suitability as an investor in the Stock;  that I
would not be permitted to purchase the Stock if any  representation  or warranty
were known to be materially false; that a false  representation may constitute a
violation of law; and that any person who suffers  damage as a result of a false
representation may have a claim against me.

                                      OPTIONEE

                                      __________________________________

                                      Dated
                                            ____________________________

                                       2<PAGE>   1

                                                                Exhibit 4.6

                              ROCKFORD CORPORATION

                                    INCENTIVE
                             STOCK OPTION AGREEMENT

      This Stock Option Agreement ("Agreement") made as of the _________ day
of _____________ , 1997, by and between Rockford Corporation ("Corporation")
and ______________________________ (" Optionee").

INTRODUCTION

      Optionee is a valuable employee of the Corporation and the Corporation
considers it in its best interests that Optionee be given an inducement to
acquire a proprietary interest in the Corporation.

AGREEMENTS

The parties agree as follows:

      1.    Grant of Option.

      The Corporation grants to Optionee the option to purchase          shares
of its common stock ("Stock") at a price of $        per share, pursuant to the
Rockford Corporation 1997 Stock Option Plan ("Plan"). The terms used herein
shall have the same meaning as those used in the Plan. This Option is an
"incentive option" as that term is defined in Section 422 of the Code.

      2.    Time of Exercise.

      The Option shall be exercisable on the Grant Date as to 25% of the shares.
Thereafter, an additional 25% of the original number of shares subject to the
Option may be purchased after the completion of each additional one year of
employment measured from the Grant Date. After three years of employment from
the Grant Date, the Option shall be fully exercisable. Notwithstanding the
preceding exercisability schedule, if the Corporation enters into an agreement
to sell all or substantially all of the Corporation's shares or assets, the
Option shall become fully exercisable upon the date of Closing of the agreement
to sell. An agreement for merger or consolidation will be considered an
"agreement to sell" under this section if, after the merger, Corporation's
shareholders do not continue to hold a controlling interest in the surviving
corporation.

      3.    Method of Exercise.

      The Option shall be exercised by delivery of the notice in the form
attached as Exhibit A to the Secretary of the Corporation together with a check
in payment of the Option price for the number of shares specified plus
applicable federal and state withholding taxes. At the discretion of the Board
or the Committee, Optionee may pay for the Stock through delivery of Stock with
a fair market value equal to the Option price. Options may be exercised only
with respect to whole shares. Fair market value shall be determined in good
faith by the Board.
<PAGE>   2
      4.    Termination of Option.

      The Option, to the extent not exercised, shall terminate upon the first to
occur of:

            (a) termination of employment of Optionee; provided, however, that
the Option, to the extent exercisable on the date of termination of employment,
may be exercised by his or her personal representative for a period of ninety
days after termination of employment on account of death; or

            (b) ten years from the date of this Agreement.

      5.    Non-Transferability of Option.

      Except as provided in Section 4(a), the Option is not transferable by the
Optionee.

      6.    Rights Prior to Exercise.

      The Optionee shall have no rights as a shareholder with respect to any
Stock issued to the Optionee as a result of the exercise of an Option under this
Agreement and any Stock owned by the Optionee as a result of Stock splits, Stock
dividends or otherwise on the Stock issued as a result of the exercise of an
Option under this Agreement until the date of issuance of a share certificate to
the Optionee for such Option Stock.

      7.    Restrictions on Stock.

      Option Stock shall be subject to the following restrictions:

            (a) During the period beginning with the Optionee's termination of
employment for any reason except death and ending six months thereafter, the
Corporation shall have the right to call any of the Option Stock from the then
current holder of the Option Stock at the purchase price equal to the fair
market value of the Stock as determined in good faith by the Board. If the
Optionee's employment is terminated by death, the Corporation's call option
shall expire nine months after the Optionee's death. If the Corporation calls
any of the Option Stock, the then current holder of the Option Stock shall
surrender such Stock, duly endorsed for transfer, upon payment of the purchase
price.

            (b) Each Stock certificate issued for Option Stock shall bear a
legend evidencing the restrictions contained in this Section 7.

      8.    Repurchase in Certain Cases. If Optionee exercises any Options and
later terminates his or her employment and within one year thereafter engages in
any activities, directly or indirectly, either as a consultant, employee,
shareholder, partner or otherwise with any business that competes with the
Corporation, Optionee, upon demand of the Corporation at any time thereafter,
shall surrender to the Corporation for repurchase, all shares purchased on
exercise of Options under this Agreement. The repurchase price, payable in cash,
shall be the lesser of the price Optionee paid for the shares or the fair market
value of the shares, as determined by the Board in its discretion at the date of
repurchase.

      9.    Miscellaneous.

         This Agreement is subject to all the provisions of the Rockford
Corporation 1997 Stock Option Plan as it may be amended from time to time.

                                      - 2 -
<PAGE>   3
      10.   Execution.

      The parties hereto have executed this Agreement as of the date shown
below.

                                    ROCKFORD CORPORATION

                                    By:
                                       ---------------------------------
                                          President

                                    OPTIONEE

                                    ------------------------------------

                                      -3-
<PAGE>   4
                                    EXHIBIT A

                               NOTICE OF EXERCISE
                                       OF
                             INCENTIVE STOCK OPTION

              I hereby exercise the Option granted to me by Rockford Corporation
("Corporation") pursuant to the Stock Purchase Agreement and notify you of my
desire to purchase _________ shares of Stock of the Corporation.

              Enclosed is:

                      (a) my check in the amount of $__________, in full payment
for such shares; or

                      (b) a certificate for, or my binding and irrevocable
request that you withhold from the shares to be delivered pursuant to this
notice, shares of Stock of the Corporation having a fair market value on the
date of exercise equal to the full Option price for the shares purchased under
this notice and the federal and state withholding taxes due as a result of such
purchase.

              I represent and warrant to the Corporation and agree as follows:

              1. Information, Experience and Economic Ability. I have received a
copy of the Plan, and as an employee, I have access to information regarding the
Corporation and have been afforded the opportunity to ask questions and receive
additional information from the Corporation regarding the terms of an investment
in the Stock, and my requests for information have been satisfied. I have
business experience and knowledge adequate to evaluate the risks of an
investment in the Stock, and I can bear the economic risk of losing my entire
investment in the Stock and can afford to hold the Stock for an indefinite
period of time. I have adequate means of providing for my current needs and
personal contingencies and have no need for liquidity in the Stock for which I
am exercising the Option. My overall commitment to investments which are not
readily marketable is not disproportionate to my net worth, and my investment in
the Stock will not cause such overall commitments to become excessive. I
acknowledge that I have been advised to consult my tax and legal advisors
regarding my investment in the Stock.

              2. Restrictions on Transfer. I acknowledge that there are
substantial restrictions on the transferability of the Stock under securities
laws unless they are registered or an exemption from such registration is
available and established to the satisfaction of the Corporation; that investors
in the Stock have no rights to require that the Stock be registered under
federal or state securities laws or to require the Corporation to make available
the information that would enable the Stock to be sold pursuant to Rule 144
under the Act; that there may never be a public market for the Stock so that it
may never be possible for me to liquidate my investment in the Stock; and that
the certificates representing the Stock will bear a legend referring to the
foregoing transfer restrictions.

              3. No Distribution. The Stock to be delivered pursuant to the
exercise of the Option is being acquired solely for my own account, and not with
a view to or for the resale, distribution, subdivision or fractionalization
thereof.

                                       1
<PAGE>   5
              4. Accuracy of Representations. I understand that the Corporation
will have the right to reject this Notice of Exercise if it believes for any
reason that the undersigned is unsuitable to invest in the Stock under federal
or state securities laws; that the Corporation is relying upon the
representations in this notice in determining my suitability as an investor in
the Stock; that I would not be permitted to purchase the Stock if any
representation or warranty were known to be materially false; that a false
representation may constitute a violation of law; and that any person who
suffers damage as a result of a false representation may have a claim against
me.

                                                           OPTIONEE

                                               _________________________________

                                               Dated __________________________

                                       2
<PAGE>   6
                              ROCKFORD CORPORATION

                                  NON-QUALIFIED
                             STOCK OPTION AGREEMENT

              This Stock Option Agreement ("Agreement") is made as of the
________ day of ______________, 19___, by and between Rockford Corporation
("Corporation") and___________ ("Optionee").

INTRODUCTION

              Optionee is a director of the Corporation and the Corporation
considers it in its best interests that Optionee be given an inducement to
acquire a proprietary interest in the Corporation.

AGREEMENTS

              The parties agree as follows:

              1.      Grant of Option.

              The Corporation grants to Optionee the option to purchase _______
shares of its common stock ("Stock") at a price of $18.00 per share, pursuant to
the Rockford Corporation 1997 Stock Option Plan ("Plan"). The terms used herein
have the meaning given in the Plan. This Option is not an "incentive option" as
that term is defined in the Code.

              2.      Time of Exercise.

              The Option are exercisable on the Grant Date as to 25% of the
shares. Thereafter, an additional 25% of the original number of shares subject
to the Option may be purchased after the completion of each additional one year
of service as a director measured from the Grant Date. After three years of
service as a director from the Grant Date, the Option shall be fully
exercisable. Notwithstanding the preceding exercisability schedule, if the
Corporation enters into an agreement to sell all or substantially all of the
Corporation's shares or assets, the Option shall become fully exercisable upon
the date of Closing of the agreement to sell. An agreement for merger or
consolidation will be considered an "agreement to sell" under this section if,
after the merger, Corporation's shareholders do not continue to hold a
controlling interest in the surviving corporation.
<PAGE>   7
              3.      Method of Exercise.

              The Option shall be exercised by delivery of the notice in the
form attached as Exhibit A to the Secretary of the Corporation together with a
check in payment of the Option price for the number of shares specified plus
applicable federal and state withholding taxes. At the discretion of the Board
or the Committee, Optionee may pay for the Stock through delivery of Stock with
a fair market value equal to the Option price plus applicable federal and state
withholding taxes. Options may be exercised only with respect to whole shares.
Fair market value shall be determined in good faith by the Board.

              4.      Termination of Option.

              The Option, to the extent not exercised, shall terminate upon the
first to occur of:

                      (a) termination of Optionee's service as a director;
provided, however, that the Option, to the extent exercisable on the date of
termination of service as a director, may be exercised by his or her personal
representative for a period of ninety days after termination of service as a
director on account of death; or

                      (b) ten years from the date of this Agreement.

              5.      Non-Transferability of Option.

              Except as provided in Section 4(a), the Option is not transferable
by the Optionee.

              6.      Rights Prior to Exercise.

              The Optionee shall have no rights as a shareholder with respect to
any Stock issued to the Optionee as a result of the exercise of an Option under
this Agreement and any Stock owned by the Optionee as a result of Stock splits,
Stock dividends or otherwise on the Stock issued as a result of the exercise of
an Option under this Agreement ("Option Stock") until the date of issuance of a
share certificate to the Optionee for such Option Stock.

              7.      Restrictions on Stock.

              Option Stock shall be subject to the following restrictions:

              (a) During the period beginning with the Optionee's termination of
service as a director for any reason except death and ending six months
thereafter, the Corporation shall have the right to call any of the Option Stock
from the then current

                                       2
<PAGE>   8
holder of the Option Stock at the purchase price equal to the fair market value
of the Stock as determined in good faith by the Board. If the Optionee's service
as a director is terminated by death, the Corporation's call option shall expire
nine months after the Optionee's death. If the Corporation calls any of the
Option Stock, the then current holder of the Option Stock shall surrender such
Stock, duly endorsed for transfer, upon payment of the purchase price.

              (b) Each share certificate issued for Option Stock shall bear a
legend evidencing the restrictions contained in this Section 7.

              8.      Repurchase in Certain Cases. If Optionee exercises any
Options and later terminates his or her service as a director and within one
year thereafter engages in any activities, directly or indirectly, either as a
consultant, employee, shareholder, partner or otherwise with any business that
competes with the Corporation, Optionee, upon demand of the Corporation at any
time thereafter, shall surrender to the Corporation for repurchase, all shares
purchased on exercise of Options under this Agreement. The repurchase price,
payable in cash, shall be the lesser of the price Optionee paid for the shares
or the fair market value of the shares, as determined by the Board in its
discretion at the date of repurchase.

              9.      Miscellaneous.

              This Agreement is subject to all the provisions of the Rockford
Corporation 1997 Stock Option Plan as it may be amended from time to time.

              10.     Execution.

              The parties hereto have executed this Agreement as of the date
shown above.

                                                ROCKFORD CORPORATION

                                                By:___________________________
                                                      President

                                                OPTIONEE

                                                ______________________________

                                       3
<PAGE>   9
                                    EXHIBIT A

                               NOTICE OF EXERCISE
                                       OF
                           NON-QUALIFIED STOCK OPTION

              I hereby exercise the Option granted to me by Rockford Corporation
("Corporation") pursuant to the Stock Option Agreement and notify you of my
desire to purchase _________ shares of Stock of the Corporation.

              Enclosed is:

                      (a) my check in the amount of $__________, in full payment
for such shares and the federal and state withholding taxes due as a result of
such purchase; or

                      (b) a certificate for, or my binding and irrevocable
request that you withhold from the shares to be delivered pursuant to this
notice, shares of Stock of the Corporation having a fair market value on the
date of exercise equal to the full Option price for the shares purchased under
this notice and the federal and state withholding taxes due as a result of such
purchase.

              I represent and warrant to the Corporation and agree as follows:

              1. Information, Experience and Economic Ability. I have received a
copy of the Plan, and as a director, I have access to information regarding the
Corporation and have been afforded the opportunity to ask questions and receive
additional information from the Corporation regarding the terms of an investment
in the Stock, and my requests for information have been satisfied. I have
business experience and knowledge adequate to evaluate the risks of an
investment in the Stock, and I can bear the economic risk of losing my entire
investment in the Stock and can afford to hold the Stock for an indefinite
period of time. I have adequate means of providing for my current needs and
personal contingencies and have no need for liquidity in the Stock for which I
am exercising the Option. My overall commitment to investments which are not
readily marketable is not disproportionate to my net worth, and my investment in
the Stock will not cause such overall commitments to become excessive. I
acknowledge that I have been advised to consult my tax and legal advisors
regarding my investment in the Stock.

              2. Restrictions on Transfer. I acknowledge that there are
substantial restrictions on the transferability of the Stock under securities
laws unless they are registered or an exemption from such registration is
available and established to the satisfaction of the Corporation; that investors
in the Stock have no rights to require that the Stock be registered under
federal or state securities laws or to require the
<PAGE>   10
Corporation to make available the information that would enable the Stock to be
sold pursuant to Rule 144 under the Act; that there may never be a public market
for the Stock so that it may never be possible for me to liquidate my investment
in the Stock; and that the certificates representing the Stock will bear a
legend referring to the foregoing transfer restrictions.

              3. No Distribution. The Stock to be delivered pursuant to the
exercise of the Option is being acquired solely for my own account, and not with
a view to or for the resale, distribution, subdivision or fractionalization
thereof.

              4. Accuracy of Representations. I understand that the Corporation
will have the right to reject this Notice of Exercise if it believes for any
reason that the undersigned is unsuitable to invest in the Stock under federal
or state securities laws; that the Corporation is relying upon the
representations in this notice in determining my suitability as an investor in
the Stock; that I would not be permitted to purchase the Stock if any
representation or warranty were known to be materially false; that a false
representation may constitute a violation of law; and that any person who
suffers damage as a result of a false representation may have a claim against
me.

                                             OPTIONEE

                                             _________________________________

                                             Dated ___________________________

                                        2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00016-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00016-of-00352.parquet"}]]