Document:

EXHIBIT 10.8

                KEY EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT

         THIS AGREEMENT, made and entered into as of the 10th day of May, 2000,
by and between SCHULTZ SAV-O STORES, INC., a Wisconsin corporation (the
"Company"), and ELWOOD F. WINN (the "Executive").

                              W I T N E S S E T H :

         WHEREAS, the Executive is employed by the Company in a key executive
capacity and the Executive's services are valuable to the conduct of the
business of the Company;

         WHEREAS, the Company recognizes that circumstances in which a change in
control of the Company occurs, through acquisition or otherwise, are highly
disruptive and will cause uncertainty about the Executive's future employment
with the Company without regard to the Executive's competence or past
contributions and that such uncertainty may adversely affect the Company; and

         WHEREAS, the Company and the Executive are desirous that any proposal
for a change in control or acquisition of the Company will be considered by the
Executive objectively, with reference only to the best interests of the Company
and its shareholders and without undue regard for the Executive's personal
interests.

         NOW, THEREFORE, in consideration of the foregoing, the parties hereto
agree as follows:

     1.   Definitions.

          (a) Act. For purposes of this Agreement, the term "Act" means the
     Securities Exchange Act of 1934, as amended.

          (b) Affiliate and Associate. For purposes of this Agreement, the terms
     "Affiliate" and "Associate" shall have the respective meanings ascribed to
     such terms in Rule 12b-2 of the General Rules and Regulations of the Act.

          (c) Beneficial Owner. For purposes of this Agreement, a Person shall
     be deemed to be the "Beneficial Owner" of any securities:

               (i) which such Person or any of such Person's Affiliates or
          Associates has the right to acquire (whether such right is exercisable
          immediately or only after the passage of time) pursuant to any
          agreement, arrangement or understanding, or upon the exercise of
          conversion rights, exchange rights, rights, warrants or options, or
          otherwise; provided, however, that a Person shall not be deemed the
          Beneficial Owner of, or to beneficially own, securities tendered
          pursuant to a tender or exchange offer made by or on behalf of such
          Person or any of such Person's Affiliates or Associates until such
          tendered securities are accepted for purchase;

               (ii) which such Person or any of such Person's Affiliates or
          Associates, directly or indirectly, has the right to vote or dispose
          of or "beneficial ownership" of (as determined pursuant to Rule 13d-3
          of the General Rules and Regulations under the Act), including
          pursuant to any agreement, arrangement or understanding; provided,
          however, that a Person shall not be deemed the Beneficial Owner of, or
          to beneficially own, any security under this subparagraph (ii) as a
          result of an agreement, arrangement or understanding to vote such
          security if the agreement, arrangement or understanding: (A) arises
          solely from a revocable proxy or consent given to such Person in
          response to a public proxy or consent solicitation made pursuant to,
          and in accordance with, the applicable rules

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          and regulations under the Act and (B) is not also then reportable on a
          Schedule 13D under the Act (or any comparable or successor report); or

               (iii) which are beneficially owned, directly or indirectly, by
          any other Person with which such Person or any of such Person's
          Affiliates or Associates has any agreement, arrangement or
          understanding for the purpose of acquiring, holding, voting (except
          pursuant to a revocable proxy as described in Subsection l(c)(ii)
          above) or disposing of any voting securities of the Company.

          (d) Cause. "Cause" for termination by the Company of the Executive's
     employment after a Change of Control of the Company shall, for purposes of
     this Agreement, be limited to (i) the engaging by the Executive in
     intentional conduct not taken in good faith which has caused demonstrable
     and serious financial injury to the Company, as evidenced by a
     determination in a binding and final judgment, order or decree of a court
     or administrative agency of competent jurisdiction, in effect after
     exhaustion or lapse of all rights of appeal, in an action, suit or
     proceeding, whether civil, criminal, administrative or investigative; (ii)
     conviction of a felony (as evidenced by binding and final judgment, order,
     or decree of a court of competent jurisdiction, in effect after exhaustion
     or lapse of all rights of appeal) which substantially impairs the
     Executive's ability to perform his duties or responsibilities; and (iii)
     continuing willful and unreasonable refusal by the Executive to perform the
     Executive's duties or responsibilities (unless significantly changed
     without the Executive's consent).

          (e) Change in Control of the Company. For purposes of this Agreement,
     a "Change in Control of the Company" shall mean a change in control of a
     nature that would be required to be reported in response to Item 6(e) of
     Schedule 14A of Regulation 14A promulgated under the Act. Without limiting
     the inclusiveness of the definition in the preceding sentence, a Change in
     Control of the Company shall be deemed to have occurred if:

               (i) any Person (other than any employee benefit plan of the
          Company, including the Retirement Savings Plan, or of any subsidiary
          of the Company or any Person organized, appointed or established
          pursuant to the terms of any such benefit plan) is or becomes the
          Beneficial Owner of securities of the Company representing at least
          20% of the combined voting power of the Company's then outstanding
          securities;

               (ii) two or more of the members of the Board are not Continuing
          Directors;

               (iii) there shall be consummated (x) any consolidation or merger
          of the Company in which the Company is not the continuing or surviving
          corporation or pursuant to which shares of the Company's Common Stock
          would be converted into cash, securities or other property, other than
          a merger of the Company in which the holders of the Company's Common
          Stock immediately prior to the merger have the same proportionate
          ownership of common stock of the surviving corporation immediately
          after the merger, or (y) any sale, lease, exchange or other transfer
          (in one transaction or a series of related transactions) of all, or
          substantially all, of the assets of the Company; or

               (iv) the shareholders of the Company approve any plan or proposal
          for the liquidation or dissolution of the Company.

          (f) Continuing Director. For purposes of this Agreement, the term
     "Continuing Director" means any member of the Board of Directors of the
     Company who was a member of such Board on the date hereof and any successor
     of a Continuing Director who is recommended to succeed a Continuing
     Director by a majority of the Continuing Directors then on such Board.

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          (g) Code. For purposes of this Agreement, the term "Code" means the
     Internal Revenue Code of 1986, including any amendments thereto or
     successor tax codes thereof.

          (h) Covered Termination. For purposes of this Agreement, the term
     "Covered Termination" means any termination of the Executive's employment
     where the Termination Date is any date on or prior to the end of the
     Employment Period.

          (i) Employment Period. For purposes of this Agreement, the term
     "Employment Period" means a period commencing on the date of a Change in
     Control of the Company, and ending at 11:59 p.m. Milwaukee time on the
     third anniversary of such date.

          (j) Good Reason. For purposes of this Agreement, the Executive shall
     have a "Good Reason" for termination of employment after a Change in
     Control of the Company in the event of:

               (i) any breach of this Agreement by the Company, including
          specifically any breach by the Company of its agreements contained in
          Sections 4, 5 or 6 hereof;

               (ii) the removal of the Executive from, or any failure to reelect
          the Executive to, any of the positions held with the Company on the
          date of the Change in Control of the Company or any other positions
          with the Company to which the Executive shall thereafter be elected or
          assigned, except in the event that such removal or failure to reelect
          relates to the termination by the Company of the Executive's
          employment for Cause or by reason of disability pursuant to Section 12
          hereof;

               (iii) a good faith determination by the Executive that there has
          been a significant adverse change, without the Executive's written
          consent, in the Executive's working conditions or status with the
          Company from such working conditions or status in effect immediately
          prior to the Change in Control of the Company, including but not
          limited to (A) a significant change in the nature or scope of the
          Executive's authority, powers, functions, duties or responsibilities,
          or (B) a reduction in the level of support services, staff,
          secretarial and other assistance, office space and accoutrements; or

               (iv) failure by the Company to obtain the Agreement referred to
          in Section 17(a) hereof as provided therein.

          (k) Person. For purposes of this Agreement, the term "Person" shall
     mean any individual, firm, partnership, corporation or other entity and
     shall include any successor (by merger or otherwise) of such entity.

          (l) Retirement Savings Plan. For purposes of this Agreement, the term
     "Retirement Savings Plan" means the Schultz Sav-O Stores, Inc. Retirement
     Savings Plan as in effect immediately prior to The Change in Control of the
     Company.

          (m) Termination Date. For purposes of this Agreement, except as
     otherwise provided in Section 10(b) and Section 17(a) hereof, the term
     "Termination Date" means (i) if the Executive's employment is terminated by
     the Executive's death, the date of death; (ii) if the Executive's
     Employment is terminated by reason of voluntary early retirement, as agreed
     in writing by the Company and the Executive, the date of such early
     retirement which is set forth in such written agreement; (iii) if the
     Executive's employment is terminated by reason of disability pursuant to
     Section 12 hereof, the earlier of thirty (30) days after the Notice of
     Termination is given or one day prior to the end of the Employment Period;
     (iv) if the Executive's employment is terminated by the Executive
     voluntarily (other than for Good Reason), the date the Notice of
     Termination is given; and (v) if the Executive's employment is terminated
     by the Company (other than by reason of

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     disability pursuant to Section 12 hereof) or by the Executive for Good
     Reason, the earlier of thirty (30) days after the Notice of Termination is
     given or one day prior to the end of the Employment Period. Notwithstanding
     the foregoing,

               (A) If termination is by the Company for Cause pursuant to
          Section l(d)(iii) of this Agreement and if the Executive has cured the
          conduct constituting such Cause as described by the Company in its
          Notice of Termination within such thirty (30) day or shorter period,
          then the Executive's employment hereunder shall continue as if the
          Company had not delivered its Notice of Termination.

               (B) If the Company shall give a Notice of Termination for Cause
          or by reason of disability and the Executive in good faith notifies
          the Company that a dispute exists concerning the termination within
          the fifteen (15) day period following receipt thereof, then the
          Executive may elect to continue his employment during such dispute and
          the Termination Date shall be determined under this paragraph. If the
          Executive so elects and it is thereafter determined that Cause or
          disability (as the case may be) did exist, the Termination Date shall
          be the earlier of (1) the date on which the dispute is finally
          determined, either (x) by mutual written agreement of the parties or
          (y) in accordance with Section 22 hereof, (2) the date of the
          Executive's death, or (3) one day prior to the end of the Employment
          Period. If the Executive so elects and it is thereafter determined
          that Cause or disability (as The case may be) did not exist, then the
          employment of the Executive hereunder shall continue after such
          determination as if the Company had not delivered its Notice of
          Termination and there shall be no Termination Date arising out of such
          Notice. In either case, this Agreement continues, until the
          Termination Date, if any, as if the Company had not delivered the
          Notice of Termination except that, if it is finally determined that
          the Company properly terminated the Executive for the reason asserted
          in the Notice of Termination, the Executive shall in no case be
          entitled to a Termination Payment (as hereinafter defined) arising out
          of events occurring after the Company delivered its Notice of
          Termination.

               (C) If the Executive shall, in good faith, give a Notice of
          Termination for Good Reason and the Company notifies the Executive
          that a dispute exists concerning the termination within the fifteen
          (15) day period following receipt thereof, then the Executive may
          elect to continue his employment during such dispute and the
          Termination Date shall be determined under this paragraph. If the
          Executive so elects and it is thereafter determined that Good Reason
          did exist, the Termination Date shall be the earlier of (1) the date
          on which the dispute is finally determined, either (x) by mutual
          written agreement of the parties or (y) in accordance with Section 22
          hereof, (2) the date of the Executive's death or (3) one day prior to
          the end of the Employment Period. If the Executive so elects and it is
          thereafter determined that Good Reason did not exist, then the
          employment of the Executive hereunder shall continue after such
          determination as if the Executive had not delivered the Notice of
          Termination asserting Good Reason and there shall be no Termination
          Date arising out of such Notice. In either case, this Agreement
          continues, until the Termination Date, if any, as if the Executive had
          not delivered the Notice of Termination except that, if it is finally
          determined that Good Reason did exist, the Executive shall in no case
          be denied the benefits described in Sections 8(b) and 9 hereof
          (including a Termination Payment) based on events occurring after the
          Executive delivered his Notice of Termination.

               (D) If an opinion is required to be delivered pursuant to Section
          9(b) hereof and such opinion shall not have been delivered, the
          Termination Date shall be the earlier of the date on which such
          opinion is delivered or one day prior to the end of the Employment
          Period.

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               (E) Except as provided in Paragraphs (B) and (C) above, if the
          party receiving the Notice of Termination notifies the other party
          that a dispute exists concerning the termination within the fifteen
          (15) day period following receipt thereof and it is finally determined
          that the reason asserted in such Notice of Termination did not exist,
          then (1) if such Notice was delivered by the Executive, the Executive
          will be deemed to have voluntarily terminated his employment and (2)
          if delivered by the Company, the Company will be deemed to have
          terminated the Executive other than by reason of death, disability or
          Cause.

     2. Termination or Cancellation Prior to Change in Control. The Company and
the Executive shall each retain the right to terminate the employment of the
Executive at any time prior to a Change in Control of the Company. In the event
the Executive's employment is terminated prior to a Change in Control of the
Company, this Agreement shall be terminated and cancelled and of no further
force and effect and any and all rights and obligations of the parties hereunder
shall cease.

     3. Employment Period. If a Change in Control of the Company occurs when the
Executive is employed by the Company, the Company will continue thereafter to
employ the Executive during the Employment Period, and the Executive will remain
in the employ of the Company, in accordance with and subject to the terms and
provisions of this Agreement.

     4. Duties. During the Employment Period, the Executive shall, in the same
capacities and positions held by the Executive at the time of the Change in
Control of the Company or in such other capacities and positions as may be
agreed to by the Company and the Executive in writing, devote the Executives's
best efforts and all of the Executive's business time, attention and skill to
the business and affairs of the Company, as such business and affairs now exist
and as they may hereafter be conducted. The services which are to be performed
by the Executive hereunder are to be rendered in the same metropolitan area in
which the Executive was employed at the time of such Change in Control of the
Company, or in such other place or places as shall be mutually agreed upon in
writing by the Executive and the Company from time to time. Without the
Executive's consent the Executive shall not be required to be absent from such
metropolitan area more than forty-five (45) days in any twelve (12) month
period.

     5. Compensation. During the Employment Period, the Executive shall be
compensated as follows:

     (a) The Executive shall receive, at such intervals and in accordance with
such standard policies of the Company as may be in effect immediately prior to
the Change in Control of the Company, an annual base salary in cash equivalent
of not less than the Executive's annual base salary as in effect immediately
prior to the Change in Control of the Company (which base salary shall, unless
otherwise agreed in writing by the Executive, include the current receipt by the
Executive of any amounts which, prior to the Change in Control of the Company,
the Executive had elected to defer, whether such compensation is deferred under
Section 401(k) of the Code or otherwise), subject to adjustment as hereinafter
provided.

     (b) The Executive shall, at such intervals and in accordance with such
standard policies as may be in effect immediately prior to the Change in Control
of the Company, be reimbursed for any and all monies advanced in connection with
the Executive's employment for reasonable and necessary expenses incurred by the
Executive on behalf of the Company, including travel expenses.

     (c) The Executive shall be included, to the extent eligible thereunder
(which eligibility shall not be conditioned on the Executive's salary grade or
on any other requirement which excludes persons of comparable status to the
Executive unless such exclusion was in effect for

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such plan or an equivalent plan immediately prior to the Change in Control of
the Company), in any and all plans providing benefits for the Company's salaried
employees in general, including but not limited to group life insurance,
hospitalization, medical, dental, profit sharing (including the Retirement
Savings Plan) and stock bonus plans; provided, that, in no event shall the
aggregate level of benefits under such plans in which the Executive is included
be less than the aggregate level of benefits under plans of the Company of the
type referred to in this Section 5(c) in which the Executive was participating
immediately prior to the Change in Control of the Company.

     (d) The Executive shall annually be entitled to not less than the amount of
paid vacation and not fewer than the number of paid holidays to which the
Executive was entitled annually immediately prior to the Change in Control of
the Company or such greater amount of paid vacation and number of paid holidays
as may be made available annually to other executives of the Company of
comparable status and position to the Executive.

     (e) The Executive shall be included in all plans providing additional
benefits to executives of the Company of comparable status and position to the
Executive, including but not limited to deferred compensation, split-dollar life
insurance, supplemental retirement, stock option, stock appreciation, stock
bonus and similar or comparable plans; provided, that, in no event shall the
aggregate level of benefits under such plans be less than the aggregate level of
benefits under plans of the Company of the type referred to in this Section 5(e)
in which the Executive was participating immediately prior to the Change in
Control of the Company.

     6. Annual Compensation Adjustments. During the Employment Period, the Board
of Directors of the Company (or an appropriate committee thereof) will consider
and appraise, at least annually, the contributions of the Executive to the
Company's operating efficiency, growth, cash flow from operations and operating
profits, and, in accordance with the Company's practice prior to the Change in
Control of the Company, due consideration shall be given to the upward
adjustment of the Executive's base compensation rate, at least annually,
commensurate with (i) increases generally given to other executives of the
Company of comparable status and position to the Executive, and (ii) as the
scope of the Company's operations or the Executive's duties expand.

     7. Termination For Cause or Without Good Reason. If there is a Covered
Termination for Cause or due to the Executive's voluntarily terminating his
employment other than for Good Reason (any such terminations to be subject to
the procedures set forth in Section 13 hereof), then the Executive shall be
entitled to receive only Accrued Benefits pursuant to Section 9(a) hereof.

     8. Termination Giving Rise to a Termination Payment.

          (a) If there is a Covered Termination by the Executive for Good
     Reason, or by the Company other than by reason of (i) death, (ii)
     disability pursuant to Section 12 hereof, or (iii) Cause, then the
     Executive shall be entitled to receive, and the Company shall promptly pay,
     Accrued Benefits pursuant to Section 9(a) hereof and, in lieu of further
     base salary for periods following the Termination Date, as liquidated
     damages and severance pay, the Termination Payment pursuant to Section 9(b)
     hereof.

          (b) If there is a Covered Termination and the Executive is entitled to
     Accrued Benefits and the Termination Payment, then the Executive shall be
     entitled to the following additional benefits:

               (i) The Executive shall receive, at the expense of the Company,
          outplacement services on an individualized basis provided by a
          nationally recognized executive placement firm selected by the
          Company.

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               (ii) Until the earlier of the third anniversary of the
          Termination Date or such time as the Executive has obtained new
          employment and is covered by benefits which in the aggregate are at
          least equal in value to the following benefits the Executive shall
          continue to be covered, at the expense of the Company, by the same or
          equivalent life insurance, hospitalization, medical and dental
          coverage as was required hereunder with respect to the Executive
          immediately prior to the date the Notice of Termination is given.

     9. Payments Upon Termination.

          (a) Accrued Benefits. For purposes of this Agreement, the Executive's
     "Accrued Benefits" shall include the following amounts, payable as
     described herein: (i) all base salary for the time period ending with the
     Termination Date; (ii) reimbursement for any and all monies advanced in
     connection with the Executive's employment for reasonable and necessary
     expenses incurred by the Executive on behalf of the Company for the time
     period ending with the Termination Date; (iii) any and all other cash
     earned through the Termination Date and deferred at the election of the
     Executive or pursuant to any deferred compensation plan then in effect;
     (iv) a lump sum payment of the bonus or incentive compensation otherwise
     payable to the Executive with respect to the year in which termination
     occurs under all bonus or incentive compensation plan or plans of the
     Company in which the Executive is a participant; and (v) all other payments
     and benefits to which the Executive may be entitled as compensatory fringe
     benefits or under the terms of any benefit plan of the Company, including
     severance payments under the Company's severance policies and practices as
     in effect immediately prior to the Change in Control of the Company.
     Payment of Accrued Benefits shall be made promptly in accordance with the
     Company's prevailing practice with respect to Subsections (i) and (ii) or,
     with respect to Subsections (iii), (iv) and (v), pursuant to the terms of
     the benefit plan or practice establishing such benefits.

          (b) Termination Payment. The Termination Payment shall be an amount
     equal to the Executive's monthly base salary, as in effect immediately
     prior to the Change in Control of the Company, as adjusted upward from time
     to time pursuant to Section 6 hereof, multiplied by the greater of the
     number of months (which shall include fractions of months rounded up to the
     next highest whole number) remaining in the Employment Period or twelve
     (12). The Termination Payment shall be paid to the Executive in cash no
     later than ten (10) business days after the Termination Date. The Executive
     shall not be required to mitigate the amount of the Termination Payment by
     securing other employment or otherwise, nor will such Payment be reduced by
     reason of the Executive securing other employment or for any other reason.

          It is the intention of the Company and the Executive that no portion
     of the Termination Payment, Accrued Benefits or any other payment or
     benefit under this Agreement, or payments to or for the benefit of the
     Executive under any other agreement or plan of the Company, regardless of
     whether such payment or benefit was paid or provided for prior to the
     Covered Termination (herein all collectively referred to as the "Total
     Payments"), be deemed to be an "excess parachute payment" as defined in
     Section 280G of the Code. It is agreed that the present value of the Total
     Payments and any other payments to or for the benefit of the Executive in
     the nature of compensation, receipt of which are contingent on the change
     of control of the Company and to which Section 280G of the Code or any
     successor provision thereto applies (in the aggregate "Total Benefits")
     shall not exceed an amount equal to one dollar less than the maximum amount
     which the Executive may receive without becoming subject to the tax imposed
     by Section 4999 of the Code or any successor provision (the "Excise Tax")
     or which the Company may pay without loss of deduction under Section
     280G(a) of the Code or any successor provision thereto. Present value for
     purposes of this Agreement shall be calculated in accordance with Section
     280G(d)(4) of the Code or any successor provision thereto. Within
     forty-five (45) days following a Covered Termination or notice by either
     party to the other of its belief that there is a payment or benefit due the
     Executive which will result in an excess parachute payment, the Executive
     and the Company, at the Company's expense, shall obtain the opinion of such
     legal counsel (the opinion of legal counsel

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     need not be unqualified), and certified public accountants as the Executive
     may choose, which sets forth (a) the amount of the Base Period Income of
     the Executive, (b) the present value of Total Benefits, and (c) the amount
     and present value of any excess parachute payments. In the event that such
     opinions determine that there would be an excess parachute payment, the
     Termination Payment or any other payment determined by such counsel to be
     includible in Total Benefits, shall be reduced or eliminated as specified
     by the Executive in writing delivered to the Company within thirty (30)
     days of his receipt of such opinions or, if the Executive fails to so
     notify the Company, then as the Company shall reasonably determine, so that
     under the bases of calculation set forth in such opinions the Total
     Benefits paid to the Executive shall be an amount equal to one dollar less
     than the maximum amount which the Executive may receive without becoming
     subject to the Excise Tax (the "Reduced Amount"). For purposes of this
     Agreement, the term "Base Period Income" shall be an amount equal to the
     Executive's "annualized includible compensation" from the Company for the
     "base period" as defined in Sections 280G(d)(l) and (2) of the Code or any
     successor provisions thereto. In the event that the provisions of Sections
     280G and 4999 of the Code or any successor provision are repealed without
     succession this provision shall be of no further force or effect.

          As a result of the uncertainty in the application of Section 280G of
     the Code at the time of the initial determination by legal counsel and
     accountants as provided in this provision, it is possible that amounts will
     have been paid or distributed by the Company to or for the benefit of the
     Executive pursuant to this Agreement which should not have been so paid or
     distributed ("Over-payment") or that additional amounts which will have not
     been paid or distributed by the Company to or for the benefit of the
     Executive pursuant to this Agreement could have been so paid or distributed
     ("Underpayment"), in each case, consistent with the calculation of the
     Reduced Amount hereunder. In the event that such legal counsel, based upon
     the assertion of a deficiency by the Internal Revenue Service against the
     Company or the Executive which such legal counsel believes has a high
     probability of success or other controlling precedent or substantial
     authority, determines that an Overpayment has been made, any such
     Overpayment paid or distributed by the Company to or for the benefit of the
     Executive shall be treated for all purposes as a loan to the Executive
     which the Executive shall repay to the Company together with interest at
     the applicable federal rate provided for in Section 7872(f)(2) of the Code;
     provided, however, that no amount shall be payable by the Executive to the
     Company if and to the extent such payment would not reduce the amount which
     is subject to the excise tax under Section 4999 of the Code. In the event
     that such legal counsel, based upon controlling precedent or other
     substantial authority, determines that an Underpayment has occurred, any
     such Underpayment shall be promptly paid by the Company to or for the
     benefit of the Executive together with interest at the applicable federal
     rate provided for in Section 7872(f)(2) of the Code.

     10. Death.

          (a) Except as provided in Section 10(b) hereof, in the event of a
     Covered Termination due to the Executive's death, the Executive's estate,
     heirs and beneficiaries shall receive all the Executive's Accrued Benefits
     through the Termination Date.

          (b) In the event the Executive dies after a Notice of Termination is
     given (i) by the Company, other than by reason of disability, or (ii) by
     the Executive for Good Reason, the Executive's estate, heirs and
     beneficiaries shall be entitled to the benefits described in Section 10(a)
     hereof and, subject to the provisions of this Agreement, to such
     Termination Payment as the Executive would have been entitled to had the
     Executive lived. For purposes of this Subsection 10(b), the Termination
     Date shall be the earlier of thirty (30) days following the giving of the
     Notice of Termination or one day prior to the end of the Employment Period,
     subject to delay pursuant to Section 1(m) hereof.

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     11. Retirement. If, during the Employment Period, the Executive and the
Company shall execute an agreement providing for the early retirement of the
Executive from the Company, or the Executive shall otherwise give notice that he
is voluntarily choosing to retire early from the Company, the Executive shall
receive Accrued Benefits through the Termination Date; provided, that if the
Executive's employment is terminated by the Executive for Good Reason or by the
Company other than by reason of death, disability or Cause and the Executive
also, in connection with such termination, elects voluntary early retirement,
the Executive shall also be entitled to receive a Termination Payment pursuant
to Section 9(b) hereof.

     12. Termination for Disability. If, during the Employment Period, as a
result of the Executive's disability due to physical or mental illness or injury
(regardless of whether such illness or injury is job-related), the Executive
shall have been absent from the Executive's duties hereunder on a full-time
basis for six (6) consecutive months and, within thirty (30) days after the
Company notifies the Executive in writing that it intends to terminate the
Executive's employment (which notice shall not constitute the Notice of
Termination contemplated below), the Executive shall not have returned to the
performance of the Executives s duties hereunder on a full-time basis, the
Company may terminate the Executive's employment pursuant to a Notice of
Termination given in accordance with Section 13 hereof. In the event the
Executive's employment is terminated on account of the Executive's disability in
accordance with this Section, the Executive shall receive Accrued Benefits in
accordance with Section 9(a) hereof and shall remain eligible for all benefits
provided by any long term disability programs of the Company in effect at the
time of such termination.

     13. Termination Notice and Procedure. Any Covered Termination by the
Company or the Executive shall be communicated by written Notice of Termination
to the Executive, if such Notice is given by the Company, and to the Company, if
such Notice is given by the Executive, all in accordance with the following
procedures and those set forth in Section 23 hereof:

          (a) If such termination is for disability, Cause or Good Reason, the
     Notice of Termination shall indicate in reasonable detail the facts and
     circumstances alleged to provide a basis for such termination.

          (b) Any Notice of Termination by the Company shall have been approved,
     prior to the giving thereof to the Executive, by a resolution duly adopted
     by a majority of the directors of the Company (or any successor
     corporation) then in office.

          (c) The Executive shall have thirty (30) days, or such longer period
     as the Company may determine to be appropriate, to cure any conduct or act,
     if curable, alleged to provide grounds for termination of the Executive's
     employment for Cause under this Agreement.

          (d) The recipient of the Notice of Termination shall personally
     deliver or mail in accordance with Section 23 hereof written notice of any
     dispute relating to such Notice of Termination to the party giving such
     Notice within fifteen (15) days after receipt thereof. After the expiration
     of such fifteen (15) days, the contents of the Notice of Termination shall
     become final and not subject to dispute.

     14. Confidentiality Obligations of the Executive; Noncompetition.

          (a) During and following the Executive's employment by the Company,
     the Executive shall hold in confidence and not directly or indirectly
     disclose or use or copy or make lists of any confidential information or
     proprietary data of the Company, except to the extent authorized in writing
     by the Board of Directors of the Company or required by any court or
     administrative agency, other than to an employee of the Company or a person
     to whom disclosure is reasonably necessary or appropriate in connection
     with the performance by the Executive of duties as an

                                      -9-
<PAGE>
     executive of the Company. Confidential information shall not include any
     information known generally to the public or any information of a type not
     otherwise considered confidential by persons engaged in the same business
     or a business similar to that of the Company. All records, files, documents
     and materials, or copies thereof, relating to the business of the Company
     which the Executive shall prepare, or use, or come into contact with, shall
     be and remain the sole property of the Company and shall be promptly
     returned to the Company upon termination of employment with the Company.

          (b) The Executive agrees that, in the event of a Covered Termination
     in which the Executive has or will receive a Termination Payment, for a
     period of one year after the Termination Date or until the end of the
     Employment Period, whichever is shorter, the Employee shall not, within the
     State of Wisconsin, except as permitted by the Company's prior written
     consent (which shall not be unreasonably withheld), participate in the
     management of any business which is a direct and substantial competitor of
     the Company. The ownership of less than five percent of any class of
     securities of any corporation listed on a national securities exchange or
     regularly traded over the counter even though such corporation may be a
     competitor of the Company as specified above, shall not be deemed as
     constituting a financial interest in such competitor.

     15. Expenses and Interest. If, after a Change in Control of the Company, a
good faith dispute arises with respect to the enforcement of the Executive's
rights under this Agreement or if any legal or arbitration proceeding shall be
brought in good faith to enforce or interpret any provision contained herein, or
to recover damages for breach hereof, the Executive shall recover from the
Company any reasonable attorneys' fees and necessary costs and disbursements
incurred as a result of such dispute, legal or arbitration proceeding
("Expenses"), and prejudgment interest on any money judgment or arbitration
award obtained by the Executive calculated at the rate of interest announced by
First Bank, N.A. from time to time as its prime or base lending rate from the
date that payments to him should have been made under this Agreement. Within ten
(10) days after the Executive's written request therefor, the Company shall pay
to the Executive, or such other person or entity as the Executive may designate
in writing to the Company, the Executive's reasonable Expenses in advance of the
final disposition or conclusion of any such dispute, legal or arbitration
proceeding.

     16. Payment Obligations Absolute. The Company's obligation during and after
the Employment Period to pay the Executive the amounts and to make the benefit
and other arrangements provided herein shall be absolute and unconditional and
shall not be affected by any circumstances, including, without limitation, any
setoff, counterclaim, recoupment, defense or other right which the Company may
have against him or anyone else. Except as provided in Section 15 of this
Agreement, all amounts payable by the Company hereunder shall be paid without
notice or demand. Except as provided in Subsection 9(b) of this Agreement, each
and every payment made hereunder by the Company shall be final, and the Company
will not seek to recover all or any part of such payment from the Executive, or
from whomsoever may be entitled thereto, for any reason whatsoever.

     17. Successors.

          (a) If the Company sells, assigns or transfers all or substantially
     all of its business and assets to any Person, or if the Company merges into
     or consolidates or otherwise combines with any Person, then the Company
     shall assign all of its right, title and interest in this Agreement as of
     the date of such event to such Person, and the Company shall cause such
     Person, by written agreement in form and substance reasonably satisfactory
     to the Executive, to expressly assume and agree to perform from and after
     the date of such assignment all of the terms, conditions and provisions
     imposed by this Agreement upon the Company. Failure of the Company to
     obtain such agreement shall be a breach of this Agreement constituting
     "Good Reason"

                                      -10-
<PAGE>

     hereunder, except that for purposes of implementing the foregoing, the date
     upon which such transfer or other succession becomes effective shall be
     deemed the Termination Date. In case of such assignment by the Company and
     of assumption and agreement by such Person, as used in this Agreement,
     "Company" shall thereafter mean such Person which executes and delivers the
     agreement provided for in this Section 17 or which otherwise becomes bound
     by all the terms and provisions of this Agreement by operation of law, and
     this Agreement shall inure to the benefit of and be enforceable by such
     Person. The Executive shall, in his discretion, be entitled to proceed
     against any or all of such Persons, any Person which theretofore was such a
     successor to the Company (as defined in the first paragraph of this
     Agreement) and the Company (as so defined) in any action to enforce any
     rights of the Executive hereunder. Except as provided in this Subsection,
     this Agreement shall not be assignable by the Company. This Agreement shall
     not be terminated by the voluntary or involuntary dissolution of the
     Company.

          (b) This Agreement and all rights of the Executive shall inure to the
     benefit of and be enforceable by the Executive's personal or legal
     representatives, executors, administrators, heirs and beneficiaries. All
     amounts payable to the Executive under Sections 7, 8, 9, 10, 11 and 12
     hereof if the Executive had lived shall be paid, in the event of the
     Executive's death, to the Executive's estate, heirs and representatives.

     18. Severability. The provisions of this Agreement shall be regarded as
divisible, and if any of said provisions or any part hereof are declared invalid
or unenforceable by a court of competent jurisdiction, the validity and
enforceability of the remainder of such provisions or parts hereof and the
applicability thereof shall not be affected thereby.

     19. Amendment. This Agreement may not be amended or modified at any time
except by written instrument executed by the Company and the Executive.

     20. Withholding. The Company shall be entitled to withhold from amounts to
be paid to the Executive hereunder any federal, state or local withholding or
other taxes or charges which it is from time to time required to withhold;
provided, that the amount so withheld shall not exceed the minimum amount
required to be withheld by law. The Company shall be entitled to rely on an
opinion of nationally recognized tax counsel if any question as to the amount or
requirement of any such withholding shall arise.

     21. Certain Rules of Construction. No party shall be considered as being
responsible for the drafting of this Agreement for the purpose of applying any
rule construing ambiguities against the drafter or otherwise. No draft of this
Agreement shall be taken into account in construing this Agreement. Any
provision of this Agreement which requires an agreement in writing shall be
deemed to require that the writing in question be signed by the Executive and an
authorized representative of the Company.

     22. Governing Law; Resolution of Disputes. This Agreement and the rights
and obligations hereunder shall be governed by and construed in accordance with
the laws of the State of Wisconsin. Any dispute arising out of this Agreement
shall, at the Executive's election, be determined by arbitration under the rules
of the American Arbitration Association then in effect or by litigation. Whether
the dispute is to be settled by arbitration or litigation, the venue for the
arbitration or litigation shall be Sheboygan, Wisconsin or, at the Executive's
election, if the Executive is no longer residing or working in the Sheboygan,
Wisconsin metropolitan area, in the judicial district encompassing the city in
which the Executive resides. The parties consent to personal jurisdiction in
each trial court in the selected venue having subject matter jurisdiction
notwithstanding their residence or situs, and each party irrevocably consents to
service of process in the manner provided hereunder for the giving of notices.

                                      -11-
<PAGE>

     23. Notice. Notices given pursuant to this Agreement shall be in writing
and, except as otherwise provided by Section 13(d) hereof, shall be deemed given
when actually received by the Executive or actually received by the Company's
Secretary or any officer of the Company other than the Executive. If mailed,
such notices shall be mailed by United States registered or certified mail,
return receipt requested, addressee only, postage prepaid, if to the Company, to
Schultz Sav-O Stores, Inc., Attention: Secretary, 2215 Union Avenue, Sheboygan,
Wisconsin 53081, or if to the Executive, at the address set forth below the
Executives's signature to this Agreement, or to such other address as the party
to be notified shall have theretofore given to the other party in writing.

     24. No Waiver. No waiver by either party at any time of any breach by the
other party of, or compliance with, any condition or provision of this Agreement
to be performed by the other party shall be deemed a waiver of similar or
dissimilar provisions or conditions at the same time or any prior or subsequent
time.

     25. Headings. The headings herein contained are for reference only and
shall not affect the meaning or interpretation of any provision of this
Agreement.

                                      -12-
<PAGE>

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
day and year first written above.

                                      SCHULTZ SAV-O STORES, INC.

                                      By   /s/ James H. Dickelman
                                          -----------------------------------
                                          James H. Dickelman
                                          Chairman, Chief Executive Officer and
                                      President

                                      EXECUTIVE

                                       /s/ Elwood F. Winn
                                      -----------------------------------------
                                      Elwood F. Winn

                                      1317 N. 49th Street
                                      -----------------------------------------

                                      Sheboygan, WI  53081
                                      -----------------------------------------
                                      [Residential Address to be added above]

                                      -13-EXHIBIT 10.16

                                                           ---------------------
                                                             As Amended Through
                                                             February 12, 2001
                                                           ---------------------

                           SCHULTZ SAV-O STORES, INC.
                          OFFICER ANNUAL INCENTIVE PLAN

1.   Purpose

     The purpose of the Schultz Sav-O Stores, Inc. Officer Annual Incentive Plan
     ("Plan") is to (a) reward Participants on an individual and team basis for
     the achievement of corporate financial goals and objectives which increase
     the economic value of the Company for the benefit of all shareholders; (b)
     provide competitive levels of compensation to its executive officers to
     enable the Company to attract and retain highly qualified and talented
     individuals who are able to exert a significant impact on the economic
     value of the Company for the benefit of all shareholders; (c) encourage
     teamwork and cooperation in the achievement of corporate financial goals
     and objectives; and (d) recognize differences in the performance of
     individual Participants.

2.   Plan Administration

     The Compensation Committee of the Board of Directors (the "Committee")
     shall have full power, authority and responsibility for the design,
     construction, administration and interpretation of the Plan. The Committee
     may from time to time or at any time make such decisions and adopt such
     rules and regulations for the design, construction, administration and
     interpretation of the Plan as it deems appropriate. Any such decision made
     by the Committee shall be final, conclusive and binding upon all
     Participants and any person claiming under or through them. A majority of
     the members of the Committee shall constitute a quorum. All determinations
     of the Committee shall be made by at least a majority of a quorum. Any
     decision or determination reduced to writing and signed by all of the
     members of the Committee shall be fully as effective as if it had been made
     by a unanimous vote at a meeting of the Committee duly called and held.

3.   Definitions

     3.1. "Base Salary" means the dollar amount of a Participant's annual base
          salary actually earned during the Plan Year, without adjustment for
          bonuses (hereunder or otherwise), salary deferrals, value of benefits,
          stock option or other equity-based incentive award grants or
          exercises, imputed income, special payments, amounts contributed to or
          earned under the Company's Retirement Savings Plan or its Executive
          Benefits Restoration Plan or similar existing or future plans.

     3.2. "Base Salary Percentage" means the percentage arrived at by dividing a
          Participant's Base Salary for a specified Plan Year by the aggregate
          Base Salaries of all Participants for the same Plan Year.

     3.3. "Bonus Amount" means a Participant's annual aggregate bonus amount
          which is calculated in the manner set forth in Section 5.1.

     3.4. "Bonus Pool" means the dollar amount of the cash award pool
          established for the specified Plan Year for the distribution of Bonus
          Awards to Participants for such Plan Year, calculated as follows:
<PAGE>

          Bonus Pool = (i) 10% of the dollar amount of the Current Year EVA plus
          (ii) 5% of the dollar amount of the Incremental EVA plus (iii) $25,000
          for each percentage point increase, if any, in net sales of the
          Company for the specified Plan Year over net sales of the Company in
          the preceding Plan Year excluding increases in net sales due to the
          acquisition of other supermarkets or businesses (each as reflected in
          the Company's audited financial statements for such Plan Years,
          subject to adjustment as determined by the Board to take into account
          extraordinary, unusual or nonrecurring events or circumstances).

     3.5. "Company Performance Bonus Pool" shall be equal to twenty-five percent
          (25%) of the Bonus Pool for the specified Plan Year.

     3.6. "Current Year EVA" means the EVA as calculated for the specified Plan
          Year.

     3.7. "Discretionary Bonus" means, with respect to each Participant, an
          amount determined by the Committee based upon the Company's and/or the
          Participant's performance during the Plan Year. The Committee, in its
          sole discretion, shall determine the factors used to establish the
          Discretionary Bonus at the end of each Plan Year. Such factors will
          generally include (i) appreciation in price of the Company's common
          stock, (ii) increases in net sales due to multi-store acquisitions,
          (iii) the occurrence of extraordinary events that affect the Bonus
          Pool that would otherwise be available for the Plan Year, (iv) any
          expansion or increase in the Participant's then current duties and
          responsibilities, (v) any increases in the cost of living, (vi) the
          past performance by the Participant, and (vi) any other pertinent
          factors identified by the other factors that the Committee determines
          to be relevant to the financial performance and growth of the Company.

     3.8. "Economic Value Added" or "EVA" means the NOPAT that remains after
          subtracting the product of the Threshold Rate of Return multiplied by
          the Investment Amount, expressed as follows:

          EVA = NOPAT - [Threshold Rate of Return x Investment Amount]

          EVA may be positive or negative.

     3.9. "Incremental EVA" means the Current Year EVA minus the EVA for the
          prior Plan Year. For purposes of calculating Incremental EVA for the
          1995 Plan Year, the EVA for 1994 was $1,128,000. Incremental EVA may
          not be negative.

     3.10. "Individual Performance Bonus" shall have the meaning set forth in
          Section 5.1.

     3.11. "Individual Performance Bonus Pool" shall be equal to seventy-five
          percent (75%) of the Bonus Pool for the specified Plan Year.

     3.12. "Individual Performance Factor" shall have the meaning set forth in
          Section 5.2.

     3.13. "Investment Amount" means the dollar amount of the Company's average
          investment for the Plan Year, calculated by adding the investment
          reflected on the Company's financial statements as of the end of each
          fiscal quarter, and then dividing by four, where investment is
          determined as follows:

          Investment = indebtedness for borrowed money + shareholders'
          investment + obligations under capital leases

                                      -2-
<PAGE>

     3.14. "NOPAT" means the Company's net earnings after tax (without reduction
          for any Bonus Amounts or Bonus Pool accrued, paid or payable under the
          Plan), plus interest expense after tax for the Plan Year, all as
          reflected in the Company's audited financial statements for the Plan
          Year.

     3.15. "Participant" means an eligible executive officer of the Company
          under Section 4.1 who has been selected to participate in the Plan for
          the Plan Year pursuant to Section 4.2.

     3.16. "Plan Year" means the one-year period coincident with the Company's
          applicable fiscal year.

     3.17. "Threshold Rate of Return" shall be the target percentage rate of
          return on the Investment Amount for the specified Plan Year
          established by the Committee at the beginning of each Plan Year based
          on the Company's weighted average cost of capital. For the 1995 Plan
          Year, the Threshold Rate of Return has been established by the
          Committee as 9.1%.

4.   Eligibility

     4.1. Eligible Executive Officers. In general, all executive officers who
          are also employees of the Company (which generally shall include those
          Company officers listed as such in the Company's annual report to
          shareholders) at the beginning of a Plan Year will be eligible for
          participation in the Plan. However, nomination of an executive officer
          by the Chief Executive Officer and approval by the Committee will be
          required for actual participation.

     4.2. Nomination and Approval. Each Plan Year, the Company's Chief Executive
          Officer will nominate eligible executive officers to participate in
          the Plan for the specified Plan Year. The Committee will have the
          final authority to select the Participants for such Plan Year from
          among the eligible executive officers nominated by the Company's Chief
          Executive Officer. Selection normally will take place, and will be
          communicated to each Participant, prior to or shortly after the
          beginning of the specified Plan Year.

5.   Bonus Amounts; Individual Performance Factors; Discretionary Bonus

     5.1. Calculation of Bonus Amounts. Each Participant's Bonus Amount for a
          specified Plan Year will be equal to his or her pro-rata portion of
          the Company Performance Bonus Pool plus his or her Individual
          Performance Bonus plus his or her Discretionary Bonus. For any
          specified Plan Year, a Participant's pro-rata portion of the Company
          Performance Bonus Pool shall be equal to the product of the
          Participant's Base Salary Percentage multiplied by the Company
          Performance Bonus Pool. The Participant's Individual Performance Bonus
          shall be equal to the product of the Participant's Base Salary
          Percentage multiplied by the Individual Performance Bonus Pool
          multiplied by his or her Individual Performance Factor; provided,
          however, that the aggregate Individual Performance Bonuses for all
          Participants for a specified Plan Year may not exceed the Individual
          Performance Bonus Pool for such Plan Year. If the aggregate Individual
          Performance Bonuses for all Participants for a specified Plan Year
          would exceed the Individual Performance Bonus Pool for such Plan Year,
          then the Committee in its discretion shall adjust the Participants'
          Individual Performance Bonuses so that such aggregate Individual
          Performance Bonuses will not exceed the Individual Performance Bonus
          Pool for such Plan Year.

                                      -3-
<PAGE>

     5.2. Individual Performance Factor Calculation. Each Participant's
          Individual Performance Factor for a Plan Year will be based on the
          Participant's accomplishment of individual and/or group financial
          and/or other goals or objectives established by the Company's Chief
          Executive Officer, with the approval and ratification of the Committee
          (or as determined solely by the Committee in the case of the Company's
          Chief Executive Officer), as of the beginning of the specified Plan
          Year. Whenever possible, individual performance will be evaluated
          according to quantifiable or objective benchmarks of success and the
          level of the Participant's relative achievement of such quantifiable
          benchmarks. An achievement percentage continuum that ranges from
          achieving 0% to 150% of the quantifiable benchmark opportunity will be
          established and the Participant's relative level of achievement of
          such quantifiable benchmarks will be enumerated accordingly from 0 to
          1.5 based on such continuum. After the end of a Plan Year, the
          Company's Chief Executive Officer, with the approval and ratification
          of the Committee (or solely by the Committee in the case of the
          Company's Chief Executive Officer), will evaluate and rate the
          Participant's performance over the Plan Year and the relative
          contribution of the Participant to the achievement of the previously
          established individual or group financial or other performance goals
          and objectives, and this evaluation will result in the Participant's
          Individual Performance Factor being determined according to the
          following schedule:

                         Performance                  Individual
                      Individual Rating           Performance Factor
                      -----------------           ------------------
                          Very Good                       1.5
                             Good                         1.0
                         Satisfactory                     0.5
                           Marginal                       0.0

6.   Change in Status During the Plan Year

     6.1. New Hire or Promotion. An executive officer who is newly hired or
          promoted during a specified Plan Year to an executive officer position
          which, if held by the Participant at the beginning of the Plan Year,
          would have otherwise allowed the Participant to be eligible for
          participation in the Plan will generally not be eligible to receive a
          Bonus Amount for such Plan Year; provided, however, that the Company's
          Chief Executive Officer, with the approval and ratification of the
          Committee (or solely by the Committee in the case of the Company's
          Chief Executive Officer) may waive this policy and allow such
          executive officer to receive a pro rata Bonus Amount for such Plan
          Year based on the percentage of the Plan Year the executive officer
          was employed in such eligible executive officer position (determined
          based on the actual number of full months of employment in such
          executive officer position during the Plan Year divided by 12). Any
          such waiver of this policy will take into account such factors as the
          executive officer's contributions to the Company's achievement of
          corporate financial goals and objectives in such executive officer
          position and the portion of the Plan Year the individual actually
          spent in such executive officer position.

     6.2. Death, Disability or Retirement. If a Participant's employment as an
          executive officer is terminated during a Plan Year by reason of death,
          disability or normal or early retirement, the Participant (or his or
          her heirs or personal representatives in the case of death) will
          receive a pro rata Bonus Amount for such Plan Year based on the
          percentage of the Plan Year the Participant was employed in such
          position (determined based on the actual number of full months of
          employment of such Participant during the Plan Year divided by 12);
          provided, however, that the

                                      -4-

<PAGE>

          Company's Chief Executive Officer, with the approval and ratification
          of the Committee (or solely by the Committee in the case of the
          Company's Chief Executive Officer) may waive this policy and allow
          such executive officer to receive the Bonus Amount for the Plan Year
          that the executive officer would have been entitled to if he or she
          had been an executive officer for the entire Plan Year. Any such
          waiver of this policy will take into account such factors as the
          executive officer's contributions to the Company's achievement of
          corporate financial goals and objectives in such executive officer
          position and the portion of the Plan Year the individual actually
          spent in such executive officer position.

     6.3. Termination for any Other Reason. If a Participant's employment is
          terminated during a Plan Year for any reason other than death,
          disability or retirement, such Participant will generally not be
          eligible to receive a Bonus Amount for such Plan Year; provided,
          however, that the Company's Chief Executive Officer, with the approval
          and ratification of the Committee (or solely the Committee in the case
          of the Company's Chief Executive Officer) may waive this policy and
          allow such Participant to receive a pro-rata Bonus Amount for such
          Plan Year based on the percentage of the Plan Year the executive
          officer was employed in such eligible executive officer position
          (determined based on the actual number of full months of employment in
          such executive officer position during the Plan Year divided by 12).

7.   Administrative Provisions

     7.1. Amendments and Terminations. The Company's Board of Directors shall
          have the right to modify or amend this Plan in whole or in part from
          time to time or at any time, or suspend it or terminate it entirely;
          provided, however, that no such modification, amendment, suspension or
          termination may, without the consent of any affected Participants (or
          beneficiaries of such Participants in the event of death), reduce the
          rights of any such Participants (or beneficiaries, as applicable) to a
          payment or distribution of a Bonus Amount already determined and
          earned under Plan terms in effect prior to such change. A Participant
          shall not be deemed to have earned or have any right to any Bonus
          Amount for a Plan Year until completion of that Plan Year and the
          determination of Bonus Amounts for such Plan Year by the Company's
          Chief Executive Officer and/or the Committee.

     7.2. Effect of Award on Other Employee Benefits. By acceptance of a Bonus
          Amount, each Participant agrees that such Bonus Amount is special
          additional compensation and that it will not affect adversely any
          other employee benefit (e.g., Retirement Savings Plan, Executive
          Benefits Restoration Plan, life insurance, etc.), in which the
          Participant participates or to which he is entitled, except as
          provided in Section 7.4 below. The existence of the Plan or the grant
          of any Bonus Amounts hereunder shall not restrict the ability of the
          Committee or the Board to grant any other discretionary bonuses to any
          executive officers, employees or others outside of the Plan.

     7.3. Retirement Programs; Severance Agreements. Bonus Amounts paid under
          this Plan shall be included in the Participant's compensation for
          purposes of the Company's Retirement Savings Plan, Executive Benefits
          Restoration Plan, any other qualified employee benefit plan and any
          applicable key executive employment and severance agreement with the
          Company.

     7.4. No Right to Continued Employment or Additional Bonus Amounts. A
          Participant's eligibility for or actual receipt of a Bonus Amount in
          any specified Plan Year shall not give the Participant any right to
          continued employment with the Company, and the

                                      -5-
<PAGE>

          right and power to dismiss or terminate the employment of the
          Participant for any reason whatsoever (other than as otherwise
          specified in any applicable contract of employment between the
          Participant and the Company) is specifically reserved to the Company.
          In addition, the selection of an eligible executive officer as a
          Participant in the Plan for any Plan Year shall not require or infer
          the inclusion or selection of such person as a Participant for any
          subsequent Plan Year or, if such person is subsequently so included or
          selected, shall not require that the same Bonus Amount provided to the
          Participant under the Plan for an earlier Plan Year be provided to
          such Participant for the subsequent Plan Year.

     7.5. Adjustments to Performance Goals. When a performance goal or objective
          is based on Economic Value Added or other quantifiable financial or
          accounting measures, it may be appropriate to exclude certain items in
          order to properly measure performance. The Committee in its discretion
          will decide those items that shall be considered in adjusting actual
          results. For example, some types of items that may be considered for
          exclusion are:

          a.   Extraordinary Items. Any gains or losses which will be treated as
               extraordinary in the Company's financial statements under
               generally accepted accounting principles.

          b.   Unanticipated Nonrecurring Non-Ordinary Course Items.
               Unanticipated, nonrecurring, nonordinary course items such as:

               (i)  Gains or losses from the sale or disposal of real estate or
                    property.

               (ii) Gains resulting from insurance recoveries when such gains
                    relate to claims filed in prior years.

               (iii) Losses resulting from natural catastrophes, when the cause
                    of the catastrophe is beyond the control of the Company and
                    did not result from any failure or negligence on the
                    Company's part.

               (iv) Changes in accounting policies or practices.

     7.6. Payment of Bonus Amounts. The Bonus Amounts payable for a Plan Year as
          determined by the Chief Executive Officer and/or Committee shall be
          distributed by the Company as soon as practicable after the date of
          the first public release of the Company's complete audited financial
          statements for such Plan Year.

8.   Miscellaneous

     8.1. Indemnification. Each person who is or who shall have been a member of
          the Committee or of the Company's Board of Directors, shall not be
          liable for, and shall be indemnified and held harmless by the Company
          against and from, any and all loss, cost, liability or expense
          (including attorneys' fees and disbursements) that may be imposed upon
          or incurred by him or her in connection with any claim, action, suit
          or proceeding to which he or she may be a party by reason of any
          action taken or failure to act under or pursuant to the Plan. The
          foregoing right of indemnification shall not be exclusive of any other
          rights of indemnification, advancement of expenses or reimbursement to
          which such persons may be entitled under the Company's Articles of
          Incorporation, By-Laws, Indemnity Agreements, as a matter of law under
          the Wisconsin Business Corporation Law, under applicable insurance

                                      -6-
<PAGE>

          policies or otherwise, or any other power or authority that the
          Company may have to indemnify or reimburse them or hold them harmless.

     8.2. Expenses of the Plan. The expenses of administering this Plan shall be
          borne by the Company.

     8.3. Withholding Taxes. The Company shall deduct from all Bonus Amounts
          paid or payable under the Plan any federal or state taxes required by
          law to be withheld with respect to such payments.

     8.4. Non-Transferable Benefits. Bonus Amounts (or any interests therein)
          paid or payable under the Plan are personal to Participants and are
          non-transferable and non-assignable during the life of a Participant.

     8.5. Unsecured Rights. The right of any Participant to receive a Bonus
          Amount under the Plan when determined and earned shall be an unsecured
          claim against the general assets of the Company and the Participant
          shall have no rights in or against any specific assets of the Company
          as a result of participation hereunder.

     8.6. Powers of Company Not Affected. The existence of the Plan shall not
          affect in any way the right or power of the Company, the Board of
          Directors or its shareholders to make or authorize any or all
          adjustments, recapitalization, reorganizations or other changes in the
          Company's capital structure or its business, or any merger or
          consolidation of the Company, or dissolution or liquidation of the
          Company, or any sale or transfer of all or any part of its assets or
          business or any other corporate act or proceeding, whether of a
          similar character or otherwise.

     8.7. Governing Law. This Plan shall be construed in accordance with and
          governed by the laws of the State of Wisconsin.

     8.8. Effective Date. The effective date of the Plan is January 1, 1995.

                                      -7-

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