Document:

Exhibit (4.1) 

JOHNSON OUTDOORS INC. 

2003 NON-EMPLOYEE
DIRECTOR STOCK OWNERSHIP PLAN 

Section 1:    Purpose 

The purpose of the Johnson Outdoors
Inc. 2003 Non-Employee Director Stock Ownership Plan (the “Plan”) is to promote
the long-term growth and financial success of Johnson Outdoors Inc. (the
“Company”) by attracting and retaining non-employee directors of outstanding
ability and assisting the Company in promoting a greater identity of interest between the
Company’s non-employee directors and its shareholders. 

Section 2:    Definitions 

As used in the Plan, the following
terms have the respective meanings set forth below: 

     (a)    
          “Award” means any Stock Option or Stock Award granted under the
          Plan. 

     (b)    
          “Black-Scholes Model” means the Black-Scholes Option Pricing
          Model, which shall be used to calculate the fair value of Stock Option grants
          under the Plan, as of the date of such grant. Six factors are required to
          calculate the value of a Stock Option using the Black-Scholes Model: the Stock
          Option’s exercise price; the current price of the Common Stock; the
          dividend yield of the Common Stock; the Stock Option’s time to expiration;
          the risk-free market rate of return; and the future volatility of the Common
          Stock. Only the future volatility of the Common Stock cannot be objectively
          determined. In connection with using the Black-Scholes Model to calculate the
          fair value of Stock Option grants under the Plan, the Committee may use such
          variations of the Black-Scholes Model and parameters and procedures respecting
          the Black-Scholes Model, including, without limitation, parameters and
          procedures used to measure the historical volatility of the Common Stock as of
          the relevant grant date, as the Committee deems reasonably appropriate in its
          sole discretion. 

     (c)    
          “Board” means the Company’s Board of Directors. 

     (d)    
          “Committee” means a committee of the Board that the Board
          designates to administer the Plan. The Committee shall consist of not less than
          two directors, each of whom shall qualify as a “non-employee director”
          within the meaning of Rule 16b-3 (“Rule 16b-3”) under the 1934 Act, or
          any successor provisions thereto, as an “outside director” under
          Section 162(m)(4)(C) of the Internal Revenue Code of 1986, as amended (the
          “Code”), or any successor provisions thereto and as an
          “independent” director pursuant to the definition of independence in
          the listing requirements of the principal national securities exchange, national
          securities association or over-the-counter market on which the Common Stock is
          traded, if any. If at any time the Committee shall not be in existence, then the
          members of the Board that do qualify as non-employee directors, outside
          directors and independent directors shall administer the Plan and shall be
          deemed to be the Committee for purposes of the Plan. 

     (e)    
          “Common Stock” means the Class A Common Stock, $.05 par
          value, of the Company and such other securities or property as may become
          subject to Awards pursuant to an adjustment made under Section 4(b) of the Plan. 

     (f)    
          “Fair Market Value” means the fair market value of the Common
          Stock determined by such methods or procedures as shall be established from time
          to time by the Committee; provided, however, that the Fair Market Value
          shall not be less than the par value of the Common Stock; and provided
          further, that so long as the Common Stock is traded on the Nasdaq National
          Market, the Nasdaq Smallcap Market or another over-the-counter market, the Fair
          Market Value shall be the average of the bid and asked prices of a share of
          Common Stock in the applicable over-the-counter market on the specified date, as
          reported by the National Association of Securities Dealers (or if no sales
          occurred on such date, the last preceding date on which sales occurred);
          provided, however, that if the principal market for the Common Stock is
          then a national securities exchange, the Fair Market Value shall be the average
          of the high and low prices of a share of Common Stock on the principal
          securities exchange on which the Common Stock is traded on the specified date
          (or if no sales occurred on such date, the last preceding date on which sales
          occurred). 

     (g)    
          “1934 Act” means the Securities Exchange Act of 1934, as
          amended from time to time. 

     (h)    
          “Participant” means a director of the Board who is not an
          employee of the Company, or any entity that is directly or indirectly controlled
          by the Company or any entity in which the Company has a significant interest as
          determined by the Committee. 

     (i)    
          “Shares” means shares of Common Stock. 

     (j)    
          “Stock Award” means an Award to a Participant comprised of
          Shares granted under Section 5(b) or 5(c) of the Plan. 

     (k)    
          “Stock Option” means an award in the form of the right to
          purchase a specified number of Shares at a specified price during a specified
          period granted under Section 5(a) or 5(c) of the Plan. 

Section 3:    Effective
Dates 

The Plan shall become effective on
December 4, 2003, subject to the approval of the Plan by the shareholders of the Company
at the Company’s 2004 annual meeting of shareholders. To the extent that any Awards
are granted under the Plan prior to its approval by shareholders, the grants shall be
contingent on approval of the Plan by the shareholders of the Company. No Awards may be
made under the Plan after December 4, 2013 or earlier termination of the Plan by the
Board. 

Section 4:    Stock
Available for Awards 

     (a)    
          Common Shares Available. The maximum number of Shares available for
          Awards under the Plan may not exceed 150,000 shares of Common Stock (subject to
          adjustment pursuant to Section 4(b) hereof). 

2 

     (b)    
          Adjustments and Reorganizations. In the event that the Committee shall
          determine that any dividend (other than a normal cash dividend) or other
          distribution (whether in the form of cash, Common Stock, other securities or
          other property), recapitalization, stock split, reverse stock split,
          reorganization, merger, consolidation, split-up, spin-off, combination,
          repurchase or exchange of Common Stock or other securities of the Company,
          issuance of warrants or other rights to purchase Common Stock or other
          securities of the Company, or other similar corporate transaction or event
          affects the Common Stock such that an adjustment is determined by the Committee
          to be necessary or appropriate to prevent dilution or enlargement of the
          benefits or potential benefits intended to be made available to Participants
          under the Plan, then the Committee may, in such manner as it may deem equitable,
          adjust any or all of the (i)  number and type of Shares available under the
          Plan and that thereafter may be made the subject of Awards under the Plan, and
          (ii)  number and type and exercise price of Shares subject to outstanding
          Stock Options, provided any such adjustments are consistent with the
          effect on other shareholders arising from any such action. The Committee may
          also make such similar appropriate adjustments in the calculation of Fair Market
          Value as it deems necessary or appropriated to prevent dilution or enlargement
          of the benefits or potential benefits intended to be made available to
          Participants under the Plan. Notwithstanding the foregoing, (x) Stock
          Options subject to grant or previously granted under the Plan at the time of any
          event described above shall be subject to only such adjustment as shall be
          necessary to maintain the proportionate interest of the Participant and
          preserve, without exceeding, the value of such Stock Options, and (y) the
          number of Shares subject to Stock Awards under the Plan at the time of any event
          described above shall be subject to only such adjustment as shall be necessary
          to maintain the relative proportionate interest represented by such Shares
          immediately prior to any such event. 

     (c)    
          Change of Control. In order to preserve a Participant’s rights under
          a Stock Option granted under the Plan in the event of any sale of all or
          substantially all of the Company’s assets, merger, consolidation,
          combination or other corporate reorganization, restructuring or change of
          control of the Company (“Change of Control”) (the Committee in its
          sole discretion will determine if there has been a Change of Control), the
          Committee in its discretion may, at the time the Stock Option is granted or at
          any time thereafter, take one or more of the following actions: (i) provide
          for the acceleration of any time period relating to the exercise of the Stock
          Option; (ii) provide for the purchase of the Stock Option for an amount of
          cash or other property that could have been received upon the exercise of the
          Stock Option had the Stock Option been currently exercisable or payable;
          (iii) adjust the terms of the Stock Option in the manner determined by the
          Committee to reflect the Change of Control; (iv) cause the Stock Option to
          be assumed, or new right substituted for the Stock Option, by another entity; or
          (v) make such other provision as the Committee may consider equitable and
          in the best interests of the Company. If the terms of Section 4(b) and Section
          4(c) would apply to a transaction, then the transaction will be subject to this
          Section 4(c) and not Section 4(b). 

     (d)    
          Common Stock Usage. If, after the effective date of the Plan, any Shares
          covered by an Award granted under the Plan, or to which any Award relates, are
          forfeited or if an Award otherwise terminates, expires or is cancelled prior to
          the delivery of all of the Shares or of other consideration issuable or payable
          pursuant to such Award and if such forfeiture, termination, expiration or
          cancellation occurs prior to the payment of dividends or the exercise by the
          holder of other indicia of ownership of the Shares to which the Award relates,
          then the number of Shares counted against the number of Shares available under
          the Plan in connection with the grant of such Award, to the extent of any such
          forfeiture, termination, expiration or cancellation, shall again be available
          for granting of additional Awards under the Plan. 

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Section 5:    Awards 

     (a)    
          Stock Options. Commencing with the 2004 annual meeting of shareholders,
          the Company shall issue to each Participant, on the first business day following
          each annual meeting of shareholders until the Plan is terminated or amended,
          Stock Options having a fair value (calculated as of the date of the Stock Option
          grant using the Black-Scholes Model) of $10,000, or such other amount as the
          Committee may approve in connection with a specific grant (each an “Annual
          Stock Option”), provided, however, that a Participant who is
          first elected as a director of the Company on the date of an annual meeting of
          shareholders and who receives on that date a Stock Option pursuant to Section
          5(c) hereof shall not be eligible to begin to receive grants of Stock Options
          pursuant to this Section 5(a) until the first business day following the next
          succeeding annual meeting of shareholders. The Committee shall specifically
          approve each grant of an Annual Stock Option to a continuing director in
          advance. The per share exercise price of each such Stock Option shall be the
          Fair Market Value of a Share of Common Stock on the date of the grant. The
          exercise price shall be payable at the time of exercise in cash, previously
          acquired Shares valued at their Fair Market Value or such other forms or
          combinations of forms of consideration as the Committee may approve. Each such
          Stock Option shall have a term of ten years and shall become fully exercisable
          one year following the date on which it is granted unless vesting is accelerated
          pursuant to Section 4(c) or Section 6(d) or (f). 

     (b)    
          Stock Awards. Commencing with the 2004 annual meeting of shareholders,
          the Company shall issue to each Participant, on the first business day following
          each annual meeting of shareholders until the Plan is terminated or amended,
          Shares having a Fair Market Value (calculated as of the date of such Stock
          Award) of $10,000, or such other amount as the Committee may approve in
          connection with a specific grant (each an “Annual Stock Award”),
          provided, however, that a Participant who is first elected as a
          director of the Company on the date of an annual meeting of shareholders and who
          receives on that date a Stock Award pursuant to Section 5(c) hereof shall not be
          eligible to begin to receive Stock Awards pursuant to this Section 5(b) until
          the first business day following the next succeeding annual meeting of
          shareholders. The Committee shall specifically approve each grant of an Annual
          Stock Award to a continuing director in advance. 

     (c)    
          Awards Upon Election. On the date on which a Participant is first elected
          or appointed as a director of the Company during the existence of the Plan, such
          Participant shall automatically receive as an initial grant the Awards
          referenced above, as if such Participant had been a director on the first
          business day following the most recent annual meeting of shareholders
          (collectively, “Initial Awards”). The Committee shall specifically
          approve each grant of Initial Awards to a newly elected director in advance.
          These Awards shall be valued as of the date of grant. 

4 

Section 6:    General
Provisions Applicable to Awards 

     (a)    
          Transferability of Stock Options. Stock Options granted under the Plan
          shall not be transferable other than by will or under the laws of descent and
          distribution, except as otherwise provided by the Committee. 

     (b)    
          Non-Transferability of Stock Awards. Shares awarded under
          Section 5(b) or Section 5(c) hereof shall not be assignable, alienable,
          saleable or otherwise transferable by the respective Participant until such
          Participant ceases for any reason to serve on the Board or a Change of Control
          is effected. Notwithstanding the preceding sentence, the following transfers or
          other dispositions will not be deemed to be a violation of the transfer
          restrictions set forth herein: 

	 	
A
gift or other transfer of Shares issued to (i) any trust or other estate in which
such Participant has a substantial beneficial interest or as to which such Participant
serves as a trustee or in a similar capacity or (ii) any relative or spouse of such
Participant, or any relative of such spouse, who has the same home as the Participant
which in either case would not change the Participant’s beneficial ownership of those
Shares for purposes of reporting under Section 16(a) of the 1934 Act;
provided, that any Shares transferred by gift or otherwise pursuant to this
subparagraph will continue to be subject to the non-transfer restrictions of this Section
as though such Shares were held by the Participant. 

     (c)    
          Legend on Certificates. The Committee may cause a legend or legends to be
          put on any certificates for shares delivered under the Plan pursuant to any
          Stock Award or upon the exercise of any Stock Option to make appropriate
          references to any applicable transfer restrictions. 

     (d)    
          Termination of Directorship. If for any reason other than death a
          Participant ceases to be a director of the Company one year or more after the
          director’s initial election or appointment to the Board while holding a
          vested Stock Option granted under the Plan, such Stock Option shall continue to
          be exercisable for a period of three years after such termination or the
          remainder of the Stock Option term, whichever is shorter (any unvested Stock
          Option shall be cancelled as of the date of such termination). If for any reason
          other than death a Participant ceases to be a director of the Company within one
          year of the director’s initial election or appointment to the Board, the
          Stock Option granted under the Plan and held by the director shall be cancelled
          as of the date of such termination. In the event a Participant dies, any
          unvested Stock Option granted under the Plan to such Participant shall
          immediately vest and be exercisable by the designated beneficiary, or, in the
          absence of a designated beneficiary, by will or in accordance with the laws of
          descent and distribution for a period of three years following the date of
          death. 

     (e)    
          Documentation of Grants. Awards made under the Plan shall be evidenced by
          written agreements or such other appropriate documentation as the Committee
          shall prescribe, including an option agreement. The Committee need not require
          the execution of any instrument or acknowledgment of notice of an Award under
          the Plan, including an option agreement, in which case acceptance of such Award
          by the respective Participant will constitute agreement to the terms of the
          Award. 

5 

     (f)    
          Plan Amendment. The Board may at any time amend, alter, suspend,
          discontinue or terminate the Plan, including without limitation an amendment to
          decrease or increase the amount of the Awards under Section 4; provided,
          however, that shareholder approval of any amendment of the Plan shall be
          obtained if otherwise required by (a) the Code or any rules promulgated
          thereunder, (b) the listing requirements of the principal national securities
          exchange, national securities association or over-the-counter market on which
          the Common Stock is then traded, or (c) any other applicable law. To the extent
          permitted by applicable law, the Committee may also amend the Plan, including
          without limitation an amendment to decrease or increase the amount of the Awards
          under Section 4, provided that any such amendments by the Committee shall
          be reported to the Board. Termination of the Plan shall not affect the right of
          Participants with respect to Stock Options previously granted to them, and all
          unexpired Stock Options shall continue in force and effect after termination of
          the Plan except as they may lapse or be terminated by their own terms and
          conditions. Notwithstanding the foregoing, the Board and Committee are
          prohibited from amending Section 6(g) of the Plan without shareholder approval. 

     (g)    
          Repricing Prohibited. Notwithstanding anything in the Plan to the
          contrary, and except for the adjustments provided in Section 4(b), the Committee
          and the Board are prohibited from decreasing the exercise price for any
          outstanding Stock Option granted to a Participant under the Plan after the date
          of grant or allowing a Participant to surrender an outstanding Stock Option
          granted under the Plan to the Company as consideration for the grant of a new
          Stock Option with a lower exercise price. 

     (h)    
          No Rights as Shareholder. No Participant shall have any voting or
          dividend rights or other rights as a shareholder with respect to any Shares
          subject to a Stock Option granted under the Plan before the date of transfer to
          the Participant of a certificate or certificates for such Shares and recording
          of the Participant’s name on the Company’s shareholder ledger as the
          holder of record of such Shares. 

     (i)    
          No Right to Continue as Director. Nothing contained in the Plan or any
          agreement under the Plan will confer upon any Participant any right to continue
          to serve as a director of the Company. 

     (j)    
          Severability. If any provision of the Plan or any option agreement, if
          any, or any Award (a) is or becomes or is deemed to be invalid, illegal or
          unenforceable in any jurisdiction, or as to any person or Award, or (b) would
          disqualify the Plan or any option agreement under any law deemed applicable by
          the Committee, then such provision shall be construed or deemed amended to
          conform to applicable laws, or if it cannot be so construed or deemed amended
          without, in the determination of the Committee, materially altering the intent
          of the Plan, any option agreement, if any, or Award, such provision shall be
          stricken as to such jurisdiction, person or Award, and the remainder of the
          Plan, any such option agreement and any such Award shall remain in full force
          and effect. 

     (k)    
          Governing Law. The validity, construction and effect of the Plan, any
          option agreement and any Award, and any actions taken under or relating to the
          Plan, any option agreement and any Award shall be determined in accordance with
          the laws of the State of Wisconsin and applicable federal law. 

6Exhibit (4.2) 

JOHNSON OUTDOORS INC.
2003

NON-EMPLOYEE DIRECTOR STOCK OWNERSHIP PLAN 

RESTRICTED STOCK
AGREEMENT 

THIS RESTRICTED STOCK
AGREEMENT (this “Agreement”) is made as of [DATE] between Johnson Outdoors
Inc., a Wisconsin corporation (the “Company”), and [NAME] (the
“Director”). 

RECITALS 

WHEREAS, the Company has in
effect the Johnson Outdoors Inc. 2003 Non-Employee Director Stock Ownership Plan (the
“Plan”), which provides for the issuance of shares of the Company’s Class A
Common Stock, $0.05 par value (the “Common Stock”), to a participant on the date
the participant is first elected or appointed as a director of the Company and on the
first business day following each annual meeting of shareholders, subject to certain
restrictions on the transfer of the Common Stock as specified in the Plan (the
“Restricted Stock”); and 

WHEREAS, the Company and the
Director desire to memorialize the grant of Restricted Stock made to the Director under
the Plan, 

NOW, THEREFORE, in
consideration of the premises and of the covenants and agreements herein set forth, the
parties hereby mutually covenant and agree as set forth below. 

AGREEMENT 

     	1.	
          Awards of Restricted Stock. Subject to the terms and conditions of the
          Plan and this Agreement, the Director is hereby awarded [NUMBER] shares of
          Restricted Stock. 

          

     	2.	
          Non-Transferability of Stock Awards. 

          

	 	a) 	The
shares of Restricted Stock that have been awarded to the Director are not
          assignable, alienable, saleable or otherwise transferable by the Director until
          the Director ceases for any reason to serve on the Board of Directors of the
          Company (the “Board”). Notwithstanding the preceding sentence, the
          following transfers or other dispositions will not be deemed to be a violation
          of the transfer restrictions set forth herein:  

	 	
A
gift or other transfer of the shares of Restricted Stock issued to (i) any trust or other
estate in which the Director has a substantial beneficial interest or as to which the
Director serves as a trustee or in a similar capacity or (ii) any relative or spouse of
the Director, or any relative of such spouse, who has the same home as the Director,
which in either case would not change the Director’s beneficial ownership of the
shares of Restricted Stock for purposes of reporting under Section 16(a) of the
Securities Exchange Act of 1934, as amended; provided,  that any shares of
Restricted Stock transferred by gift or otherwise pursuant to this paragraph will
continue to be subject to the non-transfer restrictions of this Section as though such
shares of Restricted Stock are held by the Director.  

	 	b) 	In
addition to any legends placed on certificate(s) for shares of Restricted           Stock
under Section 3 hereof, the Board may require that the certificate(s)
          representing the Restricted Stock bear the following legend:  

	 	
“The
sale or other transfer of the shares of stock represented by this certificate is subject
to certain restrictions on transfer set forth in the Johnson Outdoors Inc. 2003
Non-Employee Director Stock Ownership Plan and a Restricted Stock Agreement dated
[DATE] between Johnson Outdoors Inc. and the registered owner hereof. A copy of
such plan and agreement may be obtained
from the Secretary of Johnson Outdoors Inc.” 

	 	
When
the restrictions imposed by this Section 2 terminate, the Director shall be entitled to
have the foregoing legend removed from the certificate(s) representing the shares of
Restricted Stock.  

     	3.	
          Transfer After Lapse of Restrictions; Securities Law Restrictions. Except
          as otherwise provided herein, the shares of Restricted Stock subject to this
          Agreement shall become free of the restrictions of Section 2 hereof and
          thereafter be freely transferable by the Director in accordance with the terms
          specified in Section 2 hereof and in the Plan. Notwithstanding the
          foregoing or anything to the contrary herein, the Director agrees and
          acknowledges with respect to any shares of Restricted Stock subject to this
          Agreement that have not been registered under the Securities Act of 1933, as
          amended (the “Act”), that (i) the Director will not sell or otherwise
          dispose of such shares except pursuant to an effective registration statement
          under the Act and any applicable state securities laws, or in a transaction
          which, in the opinion of counsel for the Company, is exempt from such
          registration, and (ii) a legend will be placed on the certificate(s) for the
          Restricted Stock to such effect. 

          

     	4.	
          Voting Rights; Dividends and Other Distributions. 

          

	 	a) 	While
the shares of Restricted Stock are subject to restrictions under Section 2
          hereof, the Director may exercise full voting rights with respect to such
shares           of Restricted Stock.  

	 	b) 	While
the shares of Restricted Stock are subject to the restrictions under           Section 2
hereof, the Director shall be entitled to receive all dividends           and other
distributions paid with respect to the shares of Restricted Stock.  

     	5.	
          Interpretation by the Board. The Director agrees that any dispute or
          disagreement which may arise in connection with this Agreement shall be resolved
          by the Board, in its sole discretion, and that any interpretation by the Board
          of the terms of this Agreement or the Plan and any determination made by the
          Board under this Agreement or the Plan shall be final, binding and conclusive. 

          

2 

     	6.	
          Miscellaneous. 

          

	 	a) 	This
Agreement shall be governed and construed in accordance with the internal           laws
of the State of Wisconsin.  

	 	b) 	This
Agreement may not be amended or modified except by the written consent of           the
parties hereto.  

	 	c) 	This
Agreement shall be binding upon and inure to the benefit of the Company and           its
successors and assigns and shall be binding upon and inure to the benefit of
          the Director, a designated beneficiary and the personal representative(s) and
          heirs of the Director.  

	 	d) 	The
federal tax consequences of this award are as noted in __________________.  

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

JOHNSON OUTDOORS INC. 

	By:  	                                                     
Kevin J. Mooney 
Vice President of Human Resources

	By:  	                                                     
Director

3

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