Document:

EX-10.15

 Exhibit 10.15 
  

 
 PROFESSIONAL SERVICES AGREEMENT 

This Agreement (“Agreement”) is entered into as of October 10, 2016 (the “Effective Date”) by and between R. Eugene (Gene)
Goodson, and REV Group, Inc., a Delaware Corporation with corporate offices located at 111 E. Kilbourn Ave., Milwaukee, Wisconsin 53202 (“Company”). 

1. Services. Gene shall provide certain services to Company (the “Services”) as specified in one or more
mutually agreed-upon statements of work signed by both parties (“Statement of Work”). Each such Statement of Work shall be substantially in the form attached hereto as Exhibit A. Changes to the scope of the Services shall be made
only in writing executed by authorized representatives of both parties. 
 2. Payment for Services and Expenses. Company
shall pay Gene for the Services as follows: A quarterly fee of Fifteen Thousand US Dollars ($15,000.00), payable on the first business day of each calendar quarter during which this Agreement is in force. Unless provided otherwise in a Statement of
Work, the Company shall be responsible for all expenses incurred by Gene in the performance of the Services, including, but not limited to, reasonable travel and lodging expenses, communications charges and supplies. Gene shall submit an itemized
statement of such charges to Thomas B. Phillips, Chief Operating Officer for review and approval of reimbursement. Such approval shall be within the sole discretion of Mr. Phillips and shall not be unreasonably withheld. 

2.1 Taxes. Gene will be solely responsible for all federal, state and local taxes and related contributions attributable to the payments
from Company to Gene for services rendered pursuant to the Agreement. Gene further acknowledges and agrees that Gene is an independent contractor for federal, state, and local income tax purposes and all employment tax purposes, including FICA, FUTA
and income withholding taxes and the equivalent of each of these under the law of the locale where the services are provided. 

3. Work Product. “Deliverables” shall mean any and all work product and deliverables developed in the course of
the Services, whether individually by Gene or jointly with Company, including but not limited to reports, financial information, agreements and documents acquired from any source regarding the Statement of Work. Except as set forth herein, the
Deliverables, to the extent copyrightable under the United States Copyright Act of 1976 (the “Act”) shall be considered “works made for hire” pursuant to the Act and, upon final payment, copyright in such Deliverables
shall be owned exclusively by Company. 
 4. Confidential Information. “Confidential Information” shall mean
any information that Company discloses or provides Gene access to during the course of the parties’ respective performances under this Agreement, including information about companies that are not owned by Company, whether or not it is marked
or otherwise identified in writing by the discloser as confidential. Confidential Information does not include information (a) previously known by Gene, (b) independently developed by or for Gene, (c) acquired by Gene from a third party
which is not under an obligation of confidence for such information, or (d) which is publicly available through no breach of this Agreement. 

4.1 Restrictions. (a) The Confidential Information may be used by Gene only for the benefit of the Company or as otherwise
expressly permitted herein. (b) Gene agrees to protect the confidentiality of the Confidential Information in the same manner that Gene protects the confidentiality of his own proprietary and confidential information, but in no event shall Gene
exercise less than reasonable care in protecting such Confidential Information. Access to Confidential Information shall be restricted to Gene. (c) Except as expressly permitted herein, the Confidential Information may not be copied or
reproduced without the Company’s prior written consent in the Company’s sole discretion. (d) All Confidential Information made available hereunder, including copies thereof, shall be returned or destroyed at Company’s sole
option, with a certification of destruction provided by Gene to the Company upon the first to occur of (i) completion of the Services, (ii) request by Company, unless Gene is otherwise allowed to continue to use such Confidential
Information under this Agreement, or (iii) any termination of this Agreement. (e) If GENE receives a subpoena or other validly issued administrative or judicial process requesting Confidential Information Gene shall provide prompt notice
to the Company of such receipt and give the Company the opportunity to seek a protective order. (f) In the event of a breach or threatened breach of any of the provisions of this Section, the Company will have no adequate remedy in damages and,
accordingly, shall be entitled to an injunction against such breach or threatened breach; provided, however, that no specification of a particular legal or equitable remedy shall be construed as a waiver, prohibition or limitation of any legal or
equitable remedies in the event of a breach hereof. 

  
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 5. Warranty. The Parties represent and warrant to the other that: (i) each has
all necessary corporate authority to execute and deliver this Agreement without the consent or joinder of any other party; (ii) the execution and delivery of this Agreement has been duly and validly authorized by all necessary corporate action;
and (iii) the person executing this Agreement on behalf of each party is authorized to do so. 
 6. Remedies. The rights and
remedies of the parties with respect to failure of the other party to comply with the terms of this Agreement are not exclusive, the exercise thereof will not constitute an election of remedies and the aggrieved party will in all events be entitled
to seek whatever additional remedies may be available in law or equity. 
 7. Relationship of the Parties. The parties have agreed
that Gene will personally provide the services under this agreement as an independent contractor. Except as otherwise expressly set forth in this Agreement, nothing herein shall be construed as creating an agency, joint venture, partnership,
employment relationship or any other similar relationship. 
 8. Term and Termination of Agreement. The Term of this Agreement shall
commence on the Effective Date and, unless extended or terminated in accordance with its terms, shall continue for a period of twenty-four (24) months. Either party may terminate this Agreement (a) with or without cause by giving the other
party thirty (30) days’ written notice of termination provided that all existing Statements of Work under this Agreement have been completed or been terminated, (b) in the event the other party breaches a material representation,
obligation, or warranty under this Agreement and such breach remains uncured for thirty (30)days after the breaching party’s receipt of written notice of the breach, or (c) in the event the other party materially breaches any obligation of
confidentiality or proprietary rights hereunder which breach goes uncured for seventy-two (72) hours after notice thereof. Gene may also terminate this Agreement if Company fails to pay any amounts due
hereunder or under any Statement of Work entered into pursuant to this Agreement within thirty (30) days of the due date. Upon termination of this Agreement, Company shall pay Gene for all Services rendered and expenses incurred by Gene prior
to the date of termination. No other expenses or fees shall be payable beyond those earned. 
 9. Compliance with All Applicable Laws
and Regulations. Gene acknowledges and agrees that he will conduct the Services in accordance with all applicable laws and regulations including, but not limited to, the United States Foreign Corrupt Practices Act, Anti-Boycott laws,
and the Department of Treasury Office of Foreign Assets Control (OFAC) regulations and U.S. Export Control Laws, and all applicable laws and regulations of the location in which the Services are performed. 

10. General Terms and Conditions. (a) This Agreement sets forth the entire understanding between the parties
hereto and supersedes all prior agreements, arrangements and communications, whether oral or written, with respect to the subject matter hereof. (b) Neither this Agreement nor any Statement of Work may be modified or amended except by the
mutual written agreement of the parties. (c) Company acknowledges that it is entering into this Agreement solely on the basis of the agreements and representations contained herein, and for its own purposes and not for the benefit of any third
party. (d) No waiver of any provision of this Agreement shall be effective unless it is in writing and signed by the party against which it is sought to be enforced. The delay or failure by either party to exercise or enforce any of its rights
under this Agreement shall not constitute a waiver of that party’s right. (e) This is a personal services contract, therefore Gene may not delegate or subcontract any of his obligations under this Agreement and the related Statements of
Work. (f) This Agreement shall be governed by and construed in accordance with the laws of the State of Wisconsin, United States, without giving effect to conflict of law rules. With respect to any litigation arising out of or relating to this
Agreement or the Services or Deliverables provided hereunder, each party agrees that it shall be heard by the state or federal courts with jurisdiction to hear such suits located in the State of Wisconsin, United States, and each party irrevocably
consents to jurisdiction and venue in such courts. (g) Gene agrees to keep the terms of this Agreement (including the payments and benefits provided hereunder) confidential and not to provide copies of this Agreement to, or to disclose any
terms and conditions of this Agreement to anyone not a party to this Agreement, except to your spouse, accountant(s), and attorneys, if applicable, or as otherwise required by law. (h) The terms of this Agreement which, by their nature are
intended to survive, shall survive any termination or expiration of this Agreement. The obligations of Section 4 shall survive termination of this Agreement for two (2) years. 

  
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 INTENDING TO BE BOUND, the parties hereto have executed this Agreement as of the date first written above.

  

									
	R. Eugene Goodson, Consultant	 		 	REV Group, Inc.
					
	By	 	 /s/ R. Eugene Goodson
	 		 	By	 	 /s/ Tim Sullivan

		 	Name R. Eugene Goodson	 		 		 	Name Tim Sullivan
		 	Title: Consultant	 		 		 	President and CEO, REV Group, Inc.

  
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 Exhibit A 

Statement of Work 
 This Statement of Work
(“Statement of Work”) is entered into as of October 10, 2016 by and between R. Eugene (Gene) Goodson and REV Group, Inc., a Delaware company with corporate offices at 111 E. Kilbourn Ave., Milwaukee, WI 53202
(“Company”). 
 This Statement of Work is intended to supplement that certain Consulting Services Agreement by and between the parties,
dated October 10, 2016, (“Agreement”) under the terms set forth therein. All definitions used and not defined herein shall have the meanings set forth in the Agreement. 

1. Description of services to be rendered by Gene (the “Services”): 

|Consulting services to the Company’s manufacturing operations including, but not limited to: development of lean principles, performance
metrics, key performance indicators, quality practices and measures, and consistency in manufacturing processes.|[PK1] 
 2. Description of any
deliverables to be provided by Gene hereunder (the “Deliverables”): Upon request, GENE will provide reports with written findings and recommendations relating to the services outlined above. 

3. Work Site: REV Divisions as designated by Tom Phillips and/or Tim Sullivan. 

4. Project Management: Each party shall assign a project manager to act as the primary liaison with respect to the relationship established hereunder. 

 

											
		 	A.	 	Company’s project manager shall be:	 		 		 	Tom Phillips
		 		 		 		 		 	tom.phillips@revgroup.com 
		 		 		 		 		 	Phone: 414.795.7627
						
		 	B.	 	Gene’s project manager shall be:	 		 		 	Gene Goodson
		 		 		 		 		 	ggoodsn@gmail.com
		 		 		 		 		 	Phone: 734 417 2484

  
 4EX-10.16

 EXHIBIT 10.16 

REV GROUP, INC. 
 CASH
INCENTIVE PLAN 
 SECTION 1. Purpose. The purpose of the REV Group, Inc. Cash Incentive Plan (the
“Plan”) is to advance the interests of REV Group, Inc., a Delaware corporation (the “Company”), and its Affiliates by recognizing contributions and rewarding performance of key employees of the Company and its
Affiliates. The Plan was adopted by the Company’s Board of Directors on December 20, 2016. 
 SECTION 2.
Definitions. As used in the Plan, the following terms shall have the meanings set forth below: 
 (a)
“Administrator” means the Board or, if and to the extent designated by the Board, the compensation committee of the Board or such other committee as may be designated by the Board. 

(b) “Affiliate” means (i) any entity that, directly or indirectly, is controlled by the Company, (ii) any entity in
which the Company, directly or indirectly, has a significant equity interest, in each case as determined by the Administrator and (iii) any other company which the Administrator determines should be treated as an “Affiliate”. 

(c) “Award” means a cash-based incentive compensation award opportunity granted under the Plan. 

(d) “Board” means the board of directors of the Company. 

(e) “Bonus Period” means any period or periods designated by the Administrator for determining Awards under the Plan.

 (f) “Code” means the Internal Revenue Code of 1986, as amended from time to time, and the rules, regulations and
guidance thereunder. Any reference to a provision in the Code shall include any successor provision thereto. 
 (g) “Covered
Employee” means an individual who is, for a given fiscal year of the Company, (i) a “covered employee” within the meaning of Section 162(m) of the Code or (ii) designated by the Administrator by not later than 90 days
following the start of such year (or such other time as may be required or permitted by Section 162(m) of the Code) as an individual whose compensation for such fiscal year may be subject to the limit on deductible compensation imposed by Section
162(m) of the Code. 

 (h) “Employee” means any individual, including any officer, employed by the
Company or any Affiliate or any prospective employee or officer who has accepted an offer of employment from the Company or any Affiliate, with the status of employment determined based upon such factors as are deemed appropriate by the
Administrator in its discretion, subject to any requirements of the Code or the applicable laws. 
 (i) “Participant” means
an Employee of the Company or its Affiliates designated by the Administrator as a participant in the Plan for any Bonus Period. 

SECTION 3. Plan Administration. The Administrator shall have full discretion, power and authority to administer and interpret
the Plan and to establish rules and procedures for its administration as the Administrator deems necessary and appropriate. The Administrator may delegate to one or more officers or employees of the Company the authority to administer the plan and
grant Awards, including without limitation, the authority to determine the terms, conditions and amount of any Award, other than any Award granted to an executive officer of the Company. Any interpretation of the Plan or other act or decision on any
matter pertaining to the Plan that is made by the Administrator (or its delegate) in its discretion in good faith shall be final and binding on all persons.

SECTION 4. Eligibility. Awards may be granted to Participants selected by the Administrator in its sole discretion. 

SECTION 5. Terms of Awards. Awards granted under the Plan (or any program implemented thereunder) for each Bonus
Period shall be communicated to Participants in such form as the Administrator shall from time to time approve and the terms and conditions of such Awards shall be set forth therein. Awards may be discretionary or earned based on factors, criteria
or objectives determined by the Administrator, which may include the performance measures set forth in Section 9(b) of the REV Group, Inc. 2016 Omnibus Incentive Plan, the personal goals of the individual or any other factors, criteria or objectives
established by the Administrator. The Administrator may at its discretion increase or decrease the amount of an Award but, to the extent required by Section 162(m) of the Code, may not exercise discretion to increase any amount payable to
a Covered Employee in respect of an Award intended to qualify as “qualified performance-based compensation” under Section 162(m) of the Code. 

SECTION 6. Time and Form of Payment. All payments in respect of Awards granted under this Plan shall be made in cash
promptly following determination of performance by the Administrator for the applicable Bonus Period. Unless otherwise provided by the Administrator, a Participant must be actively employed by or providing substantial services to the Company or its

  
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Affiliates at the time Awards are paid in respect of a Bonus Period in order to be eligible to receive payment in respect of such Award. Awards payable to Participants hired during the relevant
Bonus Period or to Participants on approved leave of absence for a portion of any Bonus Period may have their Award for that Bonus Period proportionately reduced based on their total number of days worked. 

SECTION 7. Plan Amendment and Termination. Except as explicitly prohibited by law, this Plan is provided at the
Company’s sole discretion and the Board or the Administrator may modify or terminate it at any time, prospectively or retroactively, without notice or obligation for any reason, subject to obtaining any necessary stockholder approval as
required by applicable law, regulation or listing exchange requirement. In addition, there is no obligation to extend the Plan or to establish a replacement plan in subsequent years. 

SECTION 8. Miscellaneous Provisions. 

(a) No Rights to Awards. No employee, Participant or other person shall have any claim to be granted any Award under the
Plan, and there is no obligation for uniformity of treatment of Participants or beneficiaries of Awards under the Plan. The terms and conditions of Awards need not be the same with respect to each Participant. Any Award granted under the
Plan shall be a one-time Award which does not constitute a promise of future grants. The Company, in its sole discretion, maintains the right to make available future grants hereunder. 

(b) Withholding. The Company shall be authorized to deduct and withhold from any Award granted or from any compensation or other
amount owing to a Participant under the Plan any amounts required to be deducted and withheld in respect of an Award under the provisions of any applicable federal, state and local law or regulation. 

(c) Section 409A of the Code. All payments hereunder shall be made no later than the 15th day of the third month after the end
of the Participant’s taxable year in which the amount payable hereunder is no longer subject to a substantial risk of forfeiture. It is the intention of the Company that this Plan be exempt from, or if not so exempt, comply with, the
requirements of Section 409A of the Code and any guidance issued thereunder including, without limitation, the six-month delay for payments of deferred compensation to “specified employees” upon
separation from service pursuant to Section 409A(a)(2)(B)(i) of the Code (if applicable), and the Plan shall be interpreted, operated and administered accordingly. If any provision of the Plan or any term or condition of any Award would otherwise
frustrate or conflict with this intent, the provision, term or condition will be interpreted and deemed amended so as to avoid this conflict. 

  
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 (d) No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall
prevent the Company from adopting or continuing in effect other or additional compensation arrangements, and such arrangements may be either generally applicable or applicable only in specific cases. 

(e) No Assignment or Transfer. None of the rights, benefits, obligations or duties under the Plan may be assigned or transferred by any
Participant. Participation in the Plan does not give a Participant any ownership, security or other rights in any assets of the Company or its Affiliates. 

(f) No Right to Continued Employment. The grant of an Award shall not be construed as giving a Participant the right to be
retained in the employ of, or to continue to provide services to, the Company or any of its Affiliates for any specific duration. Further, the Company or any Affiliate may at any time terminate a Participant’s employment, free from any
liability or claim under the Plan. The receipt of any Award under the Plan is not intended to confer any rights on the receiving Participant except as set forth in the terms of the Award. 

(g) Governing Law. The validity, construction and effect of the Plan and any rules and regulations relating to the Plan and any
Award shall be determined in accordance with the laws of the State of Delaware, without application of the conflict of laws principles thereof. 

(h) Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal, or unenforceable in
any jurisdiction, or as to any person or Award, such provision shall be construed or deemed amended to conform to applicable laws. 
 (i)
Unfunded Plan. The Plan shall be unfunded. Neither the Plan nor any Award shall be deemed to require the Company to deposit, invest or set aside amounts for the payment of any Awards under the Plan. To the extent that any person acquires a
right to receive payments from the Company pursuant to an Award, such right shall be no greater than the right of any unsecured general creditor of the Company. 

  
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