SEC Contract Filing

Filing Date: 2017-03-13

Document Content:
<DOCUMENT>
<TYPE>EX-10.19
<SEQUENCE>3
<FILENAME>cwh-20161231ex10195db9b.htm
<DESCRIPTION>EX-10.19
<TEXT>
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 <font style="display:inline;font-weight:bold;font-size:11.5pt;">Exhibit 10.19</font>
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 <font style="display:inline;font-weight:bold;">CAMPING WORLD HOLDINGS, INC.</font>
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 <font style="display:inline;">SENIOR EXECUTIVE INCENTIVE BONUS PLAN</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purpose</font>
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 <font style="display:inline;">This Senior Executive Incentive Bonus Plan (the &#x201C;</font><font style="display:inline;text-decoration:underline;">Bonus Plan</font><font style="display:inline;">&#x201D;) is intended to provide an incentive for superior work and to motivate eligible executives of Camping World Holdings, Inc. (the &#x201C;</font><font style="display:inline;text-decoration:underline;">Company</font><font style="display:inline;">&#x201D;) and its subsidiaries toward even higher achievement and business results, to tie their goals and interests to those of the Company and its stockholders and to enable the Company to attract and retain highly qualified executives. The Bonus Plan is for the benefit of Covered Employees (as defined below).&nbsp; </font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Administration</font>
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 <font style="display:inline;">The Compensation Committee of the Board of Directors of the Company (the &nbsp;&#x201C;</font><font style="display:inline;text-decoration:underline;">Compensation Committee</font><font style="display:inline;">&#x201D;) shall have the sole discretion and authority to administer and interpret the Bonus Plan.</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eligibility and Participation</font>
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 <font style="display:inline;">The Compensation Committee shall select the persons eligible to participate in the Bonus Plan, which may include, without limitation, the executives of the Company and its subsidiaries who are or, as determined in the sole discretion of the Compensation Committee, may become &#x201C;covered employees&#x201D; (as defined in Section 162(m) of the Internal Revenue Code of 1986, as amended (the &#x201C;</font><font style="display:inline;text-decoration:underline;">Code</font><font style="display:inline;">&#x201D;)) of the Company and its subsidiaries for the applicable taxable year of the Company (such selected persons, the &#x201C;</font><font style="display:inline;text-decoration:underline;">Covered Employees</font><font style="display:inline;">&#x201D;).&nbsp; </font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bonus Determinations</font>
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 <font style="display:inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A Covered Employee may receive a bonus payment under the Bonus Plan based upon the attainment of performance objectives which are established by the Compensation Committee and relate to financial, operational or other metrics with respect to the Company or any of its subsidiaries (the &#x201C;</font><font style="display:inline;text-decoration:underline;">Performance Goals</font><font style="display:inline;">&#x201D;), including but not limited to:&nbsp; </font><font style="display:inline;color:#000000;">(i) net earnings or losses (either before or after one or more of the following: (A) interest, (B) taxes, (C) depreciation and (D) amortization); (ii) gross or net sales or revenue; (iii) revenue growth or product revenue growth; (iv) net income (either before or after taxes); (v) adjusted net income; (vi) operating earnings or profit (either before or after taxes); (vii) cash flow (including, but not limited to, operating cash flow and free cash flow); (viii) return on assets or net assets; (ix) return on capital and cost of capital; (x) return on stockholders&#x2019; equity; (xi) total stockholder return; (xii) return on sales; (xiii) gross or net profit or operating margin; (xiv) costs, reductions in costs and cost control measures; (xv) funds from operations or funds available for