Exhibit 99.21
ASSIGNMENT OF OPTION
WHEREAS, on June 27, 2003, Xxxxxx X. Xxxxxxx, as trustee of the Xxxxxx X.
Xxxxxxx 1988 Trust Number One (the "Trust"), entered into an option agreement
(the "Option Agreement") with his children, including me, X. Xxxxxx Xxxxxxx;
WHEREAS, pursuant to the Option Agreement, I have an option to purchase
certain assets from the Trust during the period beginning on May 22, 2004, the
date of Xxxxxx X. Xxxxxxx'x death, and ending on February 22, 2005;
WHEREAS, pursuant to paragraph 3 of the Option Agreement, I may assign my
right to exercise the option granted under the Option Agreement, in whole or in
part, to trusts for the benefit of any one or more of Xxxxxx X. Xxxxxxx'x
descendants; and
WHEREAS, I desire to assign my rights under the Option Agreement in part to
each of Xxxxxxx Bank, as trustee of the Exempt Family Trust u/a X. Xxxxxx
Xxxxxxx 1996 Family Trust, and Xxxxxxx X. Xxxxxxx, as trustee of the Xxxxxxx X.
Xxxxxxx Family Trust dated March 7, 1967.
NOW, THEREFORE:
1. I hereby assign, transfer and convey to Xxxxxxx Bank, as trustee of the
Exempt Family Trust u/a X. Xxxxxx Xxxxxxx 1996 Family Trust, my right pursuant
to the Option Agreement to purchase 104,500 Class A shares of Xxxxxxx Outdoors,
Inc., a Wisconsin corporation.
2. I hereby assign, transfer and convey to Xxxxxxx X. Xxxxxxx, as trustee
of the Xxxxxxx X. Xxxxxxx Family Trust dated March 7, 1967, my right pursuant to
the Option Agreement to purchase the following interests in Xxxxxxx Outdoors,
Inc., a Wisconsin corporation: 127,489 Class A shares, 6,250 Class B shares and
11,761 Class B voting trust certificates.
Signed at Racine, Wisconsin, on November 26, 2004.
/s/ X. Xxxxxx Xxxxxxx
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X. Xxxxxx Xxxxxxx
