EXHIBIT 10.46
CONFIDENTIAL TREATMENT REQUESTED. CONFIDENTIAL PORTIONS OF THIS DOCUMENT HAVE
BEEN REDACTED AND HAVE BEEN SEPARATELY FILED WITH THE COMMISSION.
PRODUCT SUPPLY AGREEMENT
This Product Supply Agreement (the "Agreement") is made this 29th day
of June, 1999, by and between Mercury Marine, a division of Brunswick
Corporation, a corporation organized under the laws of the state of Delaware
("Mercury") and Xxxxxx Boats & Motors, Inc. a corporation organized under the
laws of the state of Texas ("TBM" or the "Company"), and the Company Affiliates
(as hereinafter defined).
RECITALS
a. Mercury manufactures and sells Mercury, Mariner, and Force
outboards. These outboard motors or any other outboard motors produced or
manufactured by or on behalf of Mercury or its successors, assigns or affiliates
during the term of this Agreement shall be collectively referred to herein as
AOUTBOARDS@ and related parts and accessories ("PARTS") (Outboards and Parts are
hereinafter collectively referred to as "PRODUCTS").
b. TBM and the TBM affiliates described on Exhibit A (the "COMPANY
AFFILIATES") (TBM and Company Affiliates collectively referred to as "XXXXXX")
own and operate retail facilities for the sale of marine products throughout the
United States. Xxxxxx desires an additional source of marine engine products.
c. The parties wish to enter into this Agreement whereby Xxxxxx will
purchase Outboards and Parts from Mercury and Mercury will supply Outboards and
Parts to Xxxxxx.
NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein, Mercury and Xxxxxx agree as follows:
AGREEMENT
SECTION 1. DEFINITIONS.
The following terms have the following meanings when used herein:
(a) "MINIMUM OUTBOARD VOLUME" means Outboard purchases by Xxxxxx from
Mercury equal to at least * during the 1999 Model Year, and for each Model Year
thereafter an amount equal to * multiplied by the ratio of outboard engine units
(Mercury and Non-Mercury) sold by Xxxxxx during such Model Year divided by the
outboard engine units (Mercury and Non-Mercury) sold by Xxxxxx during the 1999
Model Year. *
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
1
(b) "MODEL YEAR" means the 12 month period so designated by Mercury,
currently commencing July 1 of any calendar year and ending June 30 of the
following calendar year. No change in a Model Year shall have the effect of
overlapping months from the prior Model Year.
(c) "DEALER LIST PRICE" means the dealer list price published by
Mercury from time to time. The current dealer list price is attached as Exhibit
B.
SECTION 2. SUPPLY OF PRODUCTS
2.1 Purchase and Sale of Products
(a) During the term of this Agreement, Mercury shall sell and deliver
to Xxxxxx, and Xxxxxx shall purchase from Mercury, Products in accordance with
and pursuant to this Agreement. If Xxxxxx fails to purchase the Minimum
Overboard Volume during any Model Year, Xxxxxx shall pay Mercury an amount equal
to the Benefit Adjustment (as hereinafter defined) and Mercury may refuse to
sell Xxxxxx Products until such time that the Benefit Adjustment is paid in
full. Notwithstanding the foregoing, if such failure is the result of the
actions or inactions of Mercury, then Mercury shall be required to continue to
sell Xxxxxx Products and Xxxxxx shall not be obligated to repayment under the
terms of the Benefit Adjustment. In order to determine whether Xxxxxx has
satisfied its obligations under this Section 2.1 and to calculate any Benefit
Adjustment under Section 6(b), purchases of Outboards by Company Affiliates
during the Term shall be deemed to be purchases by Xxxxxx.
(b) Mercury retains the right, in its sole and exclusive discretion to
modify the design and components of Products or discontinue any Products at any
time. However, in the event that Mercury discontinues a Product and fails to
make available to Xxxxxx alternative replacement Product that is as a minimum B
competitive in price, performance, technology and availability to the
discontinued Product which was purchased by Xxxxxx then the Minimum Outboard
Volume shall be reduced by the dollar value of such discontinued Product
purchased by Xxxxxx in the current Model Year. It is agreed by the Parties
hereto that this shall not include the discontinuance of the * model line.
2.2 Shipment and Billing
All shipments of Products shall be made FOB Mercury=s factory
distribution center, at which time title shall pass. Xxxxxx shall pay all
applicable shipping, transportation, deliver and handling charges for Products
ordered, except for orders for * or more Outboards in which case Mercury shall
pay such charges and except for ordered made pursuant to published P&A programs
offered by Mercury from time to time. * Mercury covenants that the date of
invoice shall in no case be a date preceding the date such product is shipped by
Mercury to Xxxxxx. Mercury further covenants that in no case shall the date of
invoice proceed five (5) days from the date such Product is delivered to Xxxxxx,
unless such is the result of the actions and inactions of Xxxxxx. Accordingly,
Mercury and Xxxxxx agree to use commercially reasonable diligence to modify, as
necessary certain dates of invoice. Xxxxxx shall pay Mercury a fee equal to the
New York Prime Rate plus 2% on any past due
2
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
invoice amounts pro-rated for the number of days such invoice is past due,
however, in no case will such amount paid by Xxxxxx exceed the maximum allowed
by law. Mercury may refuse shipment if Xxxxxx fails to pay for a prior shipment
in a timely manner. Xxxxxx will reimburse Mercury for all reasonable costs in
collecting past due accounts. Mercury may adjust or set off any rebates
previously paid or credited to Xxxxxx for returned or repurchased Products.
Mercury retains a security interest and lien on all Products sold to Xxxxxx, and
all proceeds arising out of the sale of Products by Xxxxxx until Products are
paid for in full with cash; as well as on all discounts, rebates and all funds
on Xxxxxx' account at Mercury.
2.3 Price.
(a) Outboard Pricing. The purchase price for all Outboards shall equal
Mercury's Dealer List Price minus an amount equal to * of such published Dealer
List Price.
(b) Parts Pricing. Except as set forth in Section 6(a)(i) below, the
purchase price and terms for Parts shall be determined in accordance with
Mercury's standard industry dealer programs in effect at the time of Xxxxxx'
order.
2.4 Forecasts and Order Procedure.
(a) Rolling Forecasts. During the term of this Agreement, on or before
the 15th day of each month, Xxxxxx shall provide to Mercury a three month
forecast ("ROLLING FORECAST") setting forth Xxxxxx' projected volume
requirements for Products on a month by month basis for a three month period
that begins the month immediately following the month in which such Rolling
Forecast is delivered. The volumes shown for the first month of each Rolling
Forecast shall be treated as a firm order and shall not vary from the volume
forecast of such month as set forth in the immediately preceding Rolling
Forecast. The volume shown for the second and third months of each Rolling
Forecast are forecast only, but such volumes shall not exceed by more than * the
volume forecast for such months as set forth in the immediately preceding
Rolling Forecast. Mercury may, in its sole discretion, agree to variance from
such percentages. The above mentioned Rolling Forecast shall be provided by
Xxxxxx for each Retail Location (as hereinafter defined).
(b) Purchase Orders. Immediately upon the delivery of any Rolling
Forecast and in consideration of required lead time, Xxxxxx shall provide to
Mercury a Purchase Order confirming the order for Products which is forecast for
the first month of the Rolling Forecast. Xxxxxx xxx use its own standard
purchase order, provided that no additional or different terms or conditions
contained in any purchase order or other communication from Xxxxxx shall be
binding upon Mercury. The requested shipping time shall be at least 30 days
after the date on which the 4 order is placed. Mercury shall ship all such
Products on the shipment date identified on Xxxxxx' Purchase Orders.
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
3
SECTION 3. SALES AND SERVICE AGREEMENT.
All Products sold to Xxxxxx or Company Affiliates are subject to the
Product warranty provisions in the Mercury Dealer Sales and Service Agreement,
which is attached as Exhibit C.
SECTION 4. TERM OF AGREEMENT.
4.1 Term. This Agreement shall be deemed effective as of July 1, 1998 and shall
remain in full force and effect until the earlier of June 30, 2001 or the
Termination Date (the "TERM"). The ATERMINATION DATE@ shall be the date of any
termination of this Agreement pursuant to Section 4.2.
4.2 Termination. This Agreement may be terminated as follows:
(a) by a written agreement of the parties; or
(b) by either party with written notice to the other if the other shall
be insolvent, or there shall be instituted by or against any party and such
shall remain unstayed for a period of 30 days any proceeding of bankruptcy or if
the other party shall make an assignment for the benefit of its creditors; or
(c) by either party in the event of any material breach by the other
party of any provision of this Agreement that has not been cured by the other
party within thirty (30) days after written notice of such breach has been given
to such party; or
(d) by Mercury upon written notice to Xxxxxx in the event Xxxxxx fails
to purchase at least an aggregate Dealer List Price of * of Outboards during any
Model Year.
SECTION 5. * BENEFITS.
Mercury shall offer its standard published Outboard pre-rig programs to
all boat builders that sell boats to Xxxxxx ("XXXXXX BOAT BUILDERS"). Mercury
commits that the benefit paid to such Xxxxxx Boat Builders shall equal the
greater of * (which shall not be subject to offset, a security interest or any
other type of lien by Mercury with exception of claims arising out of fraud or
misrepresentation by a Xxxxxx Boat Builder) per boat pre-rigged by boat builders
pursuant to the current published Mercury programs and sold to Xxxxxx or the
benefit provided under then current published Mercury pre-rig programs. The
benefits provided to Xxxxxx Boat Builders pursuant to this Section shall apply
only to boats sold to Xxxxxx.
SECTION 6. ADDITIONAL BENEFITS.
(a) As consideration for Xxxxxx' sales and marketing commitments under
this Agreement, Mercury shall provide Xxxxxx additional benefits for the
purchase of certain Outboards and Parts during the Term of this Agreement
("ADDITIONAL BENEFITS"). It is the intent of the parties that the * value of the
Additional Benefits provided to Xxxxxx during any Model Year will equal *
multiplied by the aggregate Dealer List Price of Outboards purchased during such
Model Year. Mercury shall,
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
4
at its discretion, provide the Additional Benefits during the Model Year or
within 30 days thereafter in the form of one or more of the following:
(i) Provide Xxxxxx with * discounts on Parts as mutually
agreed to by the parties. The Parts pricing provided to Xxxxxx pursuant to this
Section 6(a)(i) shall in no event be less than pricing for similar products
purchased by Xxxxxx from suppliers other than Mercury. In addition, prices to
Xxxxxx for Parts used in connection with rigging boats will in no event be less
than Mercury's best * discount provided at that time.
(ii) Offer Xxxxxx the right to purchase non standard Outboards
which Mercury may have available during the Term, including used Canadian camp
engines, remanufactured engines, repossessed engines, and non current engines
(collectively referred to as "Non STANDARD OUTBOARDS"). The price for Non
Standard Outboards will equal * . In addition, Xxxxxx will receive an additional
discount equal to * of the Dealer List Price if Xxxxxx purchases Mercury's
entire stock of such Non Standard Outboards. In this case, the aggregate dollar
amount of the * or the * reduction below the standard published industry
discounts shall count towards the satisfaction by Mercury of the aforementioned
* of Additional Benefits. Xxxxxx' purchases of Non Standard Outboards will equal
no more than * of their total annual dollar volume of Outboard purchases,
provided, however that Mercury may allow Xxxxxx' purchase volume of Non Standard
Outboards to exceed the above mentioned * limitation in the event that such
purchases are necessary to achieve the minimum Additional Benefits described
below.
(b) In the event Xxxxxx fails to purchase the Minimum Outboard Volume
during any Model Year, Xxxxxx shall repay Mercury an amount equal to the product
of (a) one (1) minus the quotient of the actual volume of Outboard purchases by
Xxxxxx during the applicable Model Year divided by the Minimum Outboard Volume
for such Model Year * . Xxxxxx shall pay Mercury the Unearned Benefit Adjustment
in cash within thirty days following the end of the applicable Model Year.
SECTION 7. PARTS RETURN.
During the 1999 Model Year, Mercury will, at Xxxxxx' request, exchange
current Model Year Parts for Parts in Xxxxxx' inventory * . The parties agree
that the total Xxxxxx xxxx value of parts returned pursuant to this Section 7
during the 1999 Model Year will not exceed * and the total Xxxxxx xxxx value of
* returned pursuant to this Section 7 will not exceed * . During each of the
2000 and 2001 Model Years, Mercury will, at Xxxxxx' request, exchange current
Model Year Parts for Parts in Xxxxxx' inventory in an amount not exceeding the
lesser of * of Xxxxxx' Parts purchases in each Model Year or * , provided that
the parties agree that Xxxxxx cannot exchange * during the 2000 and 2001 Model
Years.
During the term of the Agreement, Parts return or exchange will be
subject to Mercury's standard published dealer return policies with the
following exceptions:
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
5
(a) Xxxxxx will have no restocking charges.
(b) Xxxxxx xxx return Parts in * condition.
(c) In the 1999 Model Year, Xxxxxx xxx return Parts whether or not they
are a * . However, in each of the 2000 and 2001 Model Years Parts with * may
only be returned in those situations and quantities as may be mutually agreed
upon by the parties.
(d) Xxxxxx xxx exchange and deliver Parts to Mercury under this Section
7 from September 1 to December 31 following each Model Year of the Agreement.
The parties agree that the intent of this Section is to allow
Xxxxxx to decrease its inventory of * Parts and * and it is not intended to
allow Xxxxxx to obtain a lower price for Parts purchased from Mercury.
SECTION 8. ADDITIONAL COMMITMENTS.
During the Term, the parties agree to the following rights, commitments
and obligations:
(a) *
(b) Mercury will provide Xxxxxx with * inventory based on a per store
engine forecast provided by Xxxxxx pursuant to this Agreement.
(c) Mercury will provide Xxxxxx a mutually agreed upon amount of
merchandising material for consumer boat shows.
(d) Mercury will provide Xxxxxx with mutually agreed upon Mercury
University training services.
(e) During the Term, the mix of Outboards purchased by Xxxxxx will be
relatively equivalent to the overall outboard engine product mix sold by Xxxxxx
at retail during any Model Year.
(f) Mercury, during the Term will maintain Dealer List Prices that are
substantially similar to Dealer List Prices currently in effect in terms of the
ratio of such Dealer List Prices compared to net industry outboard prices.
SECTION 9. DISTRIBUTION NETWORK.
Xxxxxx shall sell the Products only through the retail locations
described in Exhibit D (ARETAIL LOCATIONS@). Xxxxxx agrees that each Retail
Location shall sign Mercury's Sales and Service Agreement and the terms and
conditions of the Sales and Service Agreement shall control the
6
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
distribution of Products, provided, however, that in the event that there is . a
conflict with the terms of this Agreement, the terms of this Agreement shall
control. Additional Dealer Locations shall be added at the sole discretion of
Mercury which shall not be unreasonably withheld.
SECTION 10. MISCELLANEOUS.
(a) Severability. Each of the provisions contained in this Agreement
shall be severable, and the unenforceability of one shall not affect the
enforceability of any others or of the remainder of this Agreement.
(b) Waiver. The failure of any party to enforce any condition or part
of this Agreement at any time shall not be construed as a waiver of that
condition or part, nor shall such party forfeit any rights to future endorsement
thereof.
(c) Governing Law. This Agreement shall be construed and enforced in
accordance with and governed by the internal laws of the state of Illinois.
(d) Counterparts. More than one counterpart of this Agreement may be
executed by the parties hereto, and each fully executed counterpart shall be
deemed an original.
(e) Notices. All communications, notices and consents provided for
herein shall be in written and given in person or by mail. It shall become
effective upon delivery if given in person, or four days after being deposited
in mails, with the proper postage for first class registered or certified,
prepaid. The notices shall be addressed as follows:
If to Xxxxxx: Xx. Xxxx X. Xxxxxx
Chairman and President
Xxxxxx Boats & Motors, Inc.
5000 Plaza on the Lake, Xxxxx 000
Xxxxxx, XX 00000
If to Mercury: Xx. Xxxx Xxxxxxxxxx
Mercury Marine, division of
Brunswick Corporation
X0000 Xxxxxxx Xxxx
X.X. Xxx 0000
Xxxx xx Xxx, XX 00000-0000
provided, however, that if either party shall have designated a different
address by notice to the other, then to the last address so designated.
(f) Force Majeure. Neither party shall be liable for any failure,
inability or delay in performing hereunder if such failure, inability or delay
is solely due to an act of God, war, strike or failures or delays in usual
sources of supply of components or any other cause beyond the reasonable
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
7
control of either party, provided that due diligence and every reasonable effort
shall be used in curing such cause and resuming performance.
(g) Assignment. This Agreement may not be assigned by either party to
any person, firm or corporation without advanced written consent of the other
party. Notwithstanding the foregoing, this Agreement shall be binding upon
either party's successors.
(h) Entire Instrument. No modification, amendment, renewal, extension,
termination or waiver of this Agreement or any provisions contained herein shall
be binding upon either party unless made in writing. The terms and conditions of
this Agreement shall be the exclusive terms and conditions applicable to any
purchase of Products hereunder.
(i) Insurance. Mercury agrees to carry a commercially reasonable amount
of product liability insurance during the term of this Agreement.
(j) Dealer Award Trips. Mercury agrees that Xxxxxx shall be eligible
for Dealer Trips awarded by Mercury to dealers reaching various volume levels of
Product purchases. This shall include, * representatives from Xxxxxx along with
their spouses or guests.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
properly executed as of the date first above written.
MERCURY MARINE, A DIVISION OF XXXXXX BOATS & MOTORS, INC.
BRUNSWICK CORPORATION
By: _________________________ By: _______________________
Title: ______________________ Title: ____________________
COMPANY AFFILIATES
By: _________________________
Title:_______________________
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
8
EXHIBIT A
---------
COMPANY AFFILIATE
-----------------
The term "Company Affiliate" shall mean the following wholly owned
subsidiaries of Xxxxxx:
[List Xxxxxx Subsidiaries]
No corporation or other entity that becomes an affiliate (whether through
merger, consolidation, acquisition of stock or other equity interest,
acquisition of assets or otherwise) of Xxxxxx after November ___, 1998 shall be
a Company Affiliate for purpose of this Agreement without the express written
consent of Mercury.
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
9
EXHIBIT B
---------
[CURRENT DEALER LIST PRICE]
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
10
2000 Model Year Mercury Outboards Dealer Price List
Effective 7/5/99
2000 MY 1999 MY % Chng from
Model Description Dealer Price Dealer Price 1999 MY
1F04201WK ME 4M 4S * * *
1F04211WK ME 4ML 4S * * *
1F05201WK ME 5M 4S * * *
1F05211WK ME 5ML 4S * * *
1F06201WK ME 6M 4S * * *
1F06211WK ME 6ML 4S * * *
1F10203WD ME 9.9M 4S * * *
1F10213WD ME 9.9ML 4S * * *
1F10253WD ME 9.9ML BIGFOOT 4S * * *
1F10263WD ME 9.9MXL BIGFOOT 4S SAILPOWER * * *
1F10312WD ME 9.9EL 4S * * *
1F10352WD ME 9.9EL BIGFOOT 4S * * *
1F10351WD ME 9.9ELH BIGFOOT 4S * * *
1F10361WD ME 9.9EXLH BIGFOOT 4S SAILPOWER * * *
1F15203WD ME 15M 4S * * *
1F15213WD ME 15ML 4S * * *
1F15253WD ME 15ML BIGFOOT 4S * * *
1F15302WD ME 15E 4S * * *
1F15312WD ME 15EL 4S * * *
1F15301WD ME 15EH 4S * * *
1F15311WD ME 15ELH 4S * * *
1F15352WD ME 11EL BIGFOOT 4S * * *
1F25203WD ME 25M BIGFOOT 4S * * *
1F25213WD ME 25ML BIGFOOT 4S * * *
1F25302WD ME 25E BIGFOOT 4S * * *
1F25312WD ME 25EL BIGFOOT 4S * * *
1F25301WD ME 25EH BIGFOOT 4S * * *
1F25311WD ME 25ELH BIGFOOT 4S * * *
1F25412WD ME 25ELPT BIGFOOT 4S * * *
1F30203WD ME 30M 4S * * *
1F30213WD ME 30ML 4S * * *
1F30302WD ME 30E 4S * * *
1F30312WD ME 30EL 4S * * *
1F30311WD ME 30ELH 4S * * *
1F30412WD ME 30ELPT 4S * * *
1F40203WD ME 40M 4S * * *
1F40213WD ME 40ML 4S * * *
1F40253WD ME 40ML BIGFOOT 4S * * *
1F40302WD ME 40E 4S * * *
1F40312WD ME 40EL 4S * * *
1F40311WD ME40ELH 4S * * *
1F40412WD ME 40ELPT 4S * * *
1F40411WD ME 40ELHPT 4S * * *
1F40452WD ME 40ELPT BIGFOOT 4S * * *
1F50412WD ME 50ELPT 4S * * *
1F50411WD ME 50ELHPT 4S * * *
1F50352WD ME 50EL BIGFOOT 4S * * *
1F50452WD ME 50ELPT BIGFOOT 4S * * *
1F75412WD ME 75ELPT 4S * * *
1F75411WD ME 75ELHPT 4S * * *
1F90412WD ME 90ELPT 4S * * *
1F90411WD ME 90ELHPT 4S * * *
1F90412WY ME 90ELPT 4S SALTWATER * * *
1F90422WD ME 90EXLPT 4S SALTWATER * * *
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
11
2000 MY 1999 MY % Chng from
Model Description Dealer Price Dealer Price 1999 MY
1115473WD ME 115L OPTIMAX * * *
1115473WY ME 115L OPTIMAX SALTWATER * * *
1115483WD ME 115XL OPTIMAX SALTWATER * * *
1115484WD ME 115CXL OPTIMAX SALTWATER * * *
1115D73WD ME 115L OPTIMAX (D) * * *
1115D73WY ME 115L OPTIMAX SALTWATER (D) * * *
1115D83WD ME 115XL OPTIMAX SALTWATER (D) * * *
1115D84WD ME 115CXL OPTIMAX SALTWATER (D) * * *
1135473WD ME 135L OPTIMAX * * *
1135473WY ME 135L OPTIMAX SALTWATER * * *
1135483WD ME 135XL OPTIMAX SALTWATER * * *
1135484WD ME 135CXL OPTIMAX SALTWATER * * *
1135D73WD ME 135L OPTIMAX (D) * * *
1135D73WY ME 135L OPTIMAX SALTWATER (D) * * *
1135D83WD ME 135XL OPTIMAX SALTWATER (D) * * *
1135D84WD ME 135CXL OPTIMAX SALTWATER 9D) * * *
1150473WD ME 150L OPTIMAX * * *
1150473WY ME 150L OPTIMAX SALTWATER * * *
1150483WD ME 150XL OPTIMAX SALTWATER * * *
1150484WD ME 150CXL OPTIMAX SALTWATER * * *
1150D73WD ME 150L OPTIMAX (D) * * *
1150D73WY ME 150L OPTIMAX SALTWATER (D) * * *
1150D83WD ME 150XL OPTIMAX SALTWATER (D) * * *
1150D84WD ME 150CXL OPTIMAX SALTWATER (D) * * *
1200473WD ME 200L OPTIMAX * * *
1200483WD ME 200XL OPTIMAX SALTWATER * * *
1200484WD ME 200CXL OPTIMAX SALTWATER * * *
1200493WD ME200XXL OPTIMAX SALTWATER * * *
1200494WD ME 200CXXL OPTIMAX SALTWATER * * *
1200D73WD ME 200L OPTIMAX (D) * * *
1200D83WD ME 200XL OPTIMAX SALTWATER (D) * * *
1200D84WD ME 200CXL OPTIMAX SALTWATER (D) * * *
1200D93WD ME 200XXL OPTIMAX SALTWATER (D) * * *
1200D94WD ME 200CXXL OPTIMAX SALTWATER (D) * * *
1225473WD ME 225L OPTIMAX * * *
1225483WD ME 225XL OPTIMAX SALTWATER * * *
1225484WD ME 225CXL OPTIMAX SALTWATER * * *
1225493WD ME 225XXL OPTIMAX SALTWATER * * *
1225494WD ME 225CXXL OPTIMAX SALTWATER * * *
1225D73WD ME 225L OPTIMAX (D) * * *
1225D83WD ME 225XL OPTIMAX SALTWATER (D) * * *
1225D84WD ME 225CXL OPTIMAX SALTWATER 9D) * * *
1225D93WD ME 225XXL OPTIMAX SALTWATER (D) * * *
1225D94WD ME 225CXXL OPTIMAX SALTWATER (D) * * *
(D) - DIGITAL OPTIMAX MODELS
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
12
Classics
2000 MY 1999 MY % Chng from
Model Description Dealer Price Dealer Price 1999 MY
1025201WD ME 25M * * *
1025211WD ME 25ML * * *
1025302WD ME 25E * * *
1025312WD ME 25EL * * *
1025301WD ME 25EH * * *
1025311WD ME 25ELH * * *
1041412WD ME 40ELPTO (2 Cyl) * * *
1050312WD ME 50ELO * * *
2000 MY 1999 MY % Chng from
Model Description Dealer Price Dealer Price 1999 MY
1050412WD ME 50ELPTO * * *
1050411WD ME 50ELHPTO * * *
1075412WD ME 75ELPTO * * *
1075411WD ME 75ELHPTO * * *
1090412WD ME 90ELPTO * * *
1090412WY ME 90ELPTO SALTWATER * * *
1090411WD ME 90ELHPTO * * *
1125412WD ME 125ELPTO * * *
1125422WD ME 125EXLPTO SALTWATER * * *
1150454WD ME 150L XR6 * * *
1150454WY ME 150L SALTWATER * * *
1150462WD ME 150XL SALTWATER * * *
1150465WD ME 150CXL SALTWATER * * *
1200412WD ME 200L * * *
1200412WY ME 200L SALTWATER * * *
1200422WD ME 200XL SALTWATER * * *
1200425WD ME 200CXL SALTWATER * * *
Small 2-Stroke
1002201WK ME 2.5M * * *
1003201WK ME 3.3M * * *
1004201WK ME 4M * * *
1004211WK ME 4ML * * *
1005201WK ME 5M * * *
1005211WK ME 5ML * * *
1006201WD ME 6M * * *
1006211WD ME 6ML * * *
1008201WD ME 8M * * *
1008211WD ME 8ML * * *
1010201WD ME 9.9M * * *
1010211WD ME 9.9ML * * *
1010312WD ME 9.9EL * * *
1015201WD ME 15M * * *
1015211WD ME 15ML * * *
1015301WD ME 15EH * * *
1015312WD ME 15EL * * *
1015311WD ME 15ELH * * *
1020201WD ME 20M * * *
1020211WD ME 20ML * * *
1020312WD ME 20EL * * *
1020301WD ME 20EH * * *
1031302WD ME 30EO * * *
1031312WD ME 30ELO * * *
1031301WD ME 30EHO * * *
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
1031311WD ME 30ELHO * * *
1031412WD ME 30ELPTO * * *
1043203WD ME 40M * * *
1043213WD ME 40ML * * *
1043302WD ME 40EO * * *
1043312WD ME 40ELO * * *
1043412WD ME 40 ELPTO (3 Cyl) * * *
1043411WD ME 40 ELHPTO * * *
1060302WD ME 60EO * * *
1060312WD ME 60ELO * * *
1060412WD ME 60ELPTO * * *
1060411WD ME 60ELHPTO * * *
1060452WD ME 60 ELPTO BIGFOOT * * *
1115412WD ME 115ELPTO * * *
1115412WY ME 115ELPTO SALTWATER * * *
1115422WD ME 115EXLPTO SALTWATER * * *
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
14
V6 Carb/EFI
2000 MY 1999 MY % Chng from
Model Description Dealer Price Dealer Price 1999 MY
1135412WD ME 135L * * *
1135422WD ME 135XL SALTWATER * * *
1135425WD ME 135CXL SALTWATER * * *
1150413WD ME 150L EFI * * *
1150413WY ME 150L EFI SALTWATER * * *
1150423WD ME 150XL EFI SALTWATER * * *
1150424WD ME 150CXL EFI SALTWATER * * *
1175412WD ME 175L * * *
1175413WD ME 175L EFI * * *
1175423WD ME 175XL EFI SALTWATER * * *
1175424WD ME 175CXL EFI SALTWATER * * *
1200413WD ME 200L EFI * * *
1200413WY ME 200L EFI SALTWATER * * *
1200423WD ME 200XL EFI SALTWATER * * *
1200424WD ME 200CXL EFI SALTWATER * * *
1225413WD ME 225L EFI * * *
1225423WD ME 225XL EFI SALTWATER * * *
1225424WD ME 225CXL EFI SALTWATER * * *
1225433WD ME 225XXL EFI SALTWATER * * *
1225434WD ME 225CXXL EFI SALTWATER * * *
1250423WD ME 250XL EFI SALTWATER * * *
1250424WD ME 250CXL EFI SALTWATER * * *
1250433WD ME 250XXL EFI SALTWATER * * *
1250434WD ME 250CXXL EFI SALTWATER * * *
Jet Outboards
1025271WD ME 25M (JET 20) * * *
1043372WD ME 40EO (JET 30) * * *
1060372WD ME 60 EO (JET 45) * * *
1090472WD ME 90ELPTO (JET 65) * * *
1115472WD ME 115ELPTO (JET 80) * * *
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
15
EXHIBIT C
---------
Sales and Service Agreement
---------------------------
[Attach current copy of Sales and Service Agreement]
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
16
EXHIBIT D
---------
Retail Locations
----------------
A B
--------- -------------------- --------------------------------------------------------------------------------------
1 10/26/98
--------- -------------------- --------------------------------------------------------------------------------------
2
--------- -------------------- --------------------------------------------------------------------------------------
3
--------- -------------------- --------------------------------------------------------------------------------------
4 XXXXXX STORE LOCATIONS
--------- -------------------- --------------------------------------------------------------------------------------
5
--------- -------------------- --------------------------------------------------------------------------------------
6 DEALER # CORPORATE LEGAL ENTITY
--------- -------------------- --------------------------------------------------------------------------------------
7 93893 Xxxxxx Boating Center Alabama, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
8 87831 Xxxxxx Boating Center Arkansas, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
9 87832 Xxxxxx Boating Center Arkansas, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
10 93892 Xxxxxx Boating Center Florida, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
11 91913 Xxxxxx Boating Center Florida, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
12 91915 Xxxxxx Boating Center Georgia, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
13 80913 Xxxxxx Boats & Motors Baton Rouge, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
14 80914 Xxxxxx Boating Center Louisiana, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
15 87837 Xxxxxx Boating Center Louisiana, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
16 87835 Xxxxxx Boating Center Louisiana, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
17 93933 Xxxxxx Boating Center Mississippi, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
18 80915 Xxxxxx Boating Center Oklahoma, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
19 91900 Xxxxxx Boating Center Alabama, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
20 91914 Xxxxxx Boating Center Tennessee, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
21 93931 Xxxxxx Boating Center Tennessee, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
22 91927 Xxxxxx Boating Center Tennessee, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
23 87825 Falcon Marine Abilene, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
24 87827 Xxxxxx Boating Center Arlington, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
25 87838 ** TBC Management Ltd.
--------- -------------------- --------------------------------------------------------------------------------------
26 87829 Xxxxxx Boats & Motors, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
27 87830 Xxxxxx Boating Center Beaumont, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
28 87833 Xxxxxx Boats & Motors, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
29 80916 Xxxxxx Xxxxxxx Marine, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
17
--------- -------------------- --------------------------------------------------------------------------------------
30 87836 Falcon Marine, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
31 87834 Xxxxxx Boats & Motors, Inc.
--------- -------------------- --------------------------------------------------------------------------------------
** Corporate Office
C D E F
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
1
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
2
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
3
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
4
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
5
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
6 ADDRESS CITY STATE ZIP
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
7 0000 Xxxxxx Xx. Xxxxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
8 0000 Xxxxxxx 00 Xxxxx Xxxxx Xxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
9 0000 Xxxxxx Xxxx Xxx Xxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
10 0000X Xxxxxxx Xxxxx Xx. Xxxxxx Xxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
11 Mile Marker 000 Xxxxx Xxx Xxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
12 000 Xxx Xxxxxxx Xxxxxx Xx. Xxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
13 00000 Xxxxxxx Xxxx. Xxxxx Xxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
14 0000 X. Xxxxx Xx. Xxxxxxx Xxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
15 0000 Xxxx Xxxx Xx. Xxx Xxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
16 00000 X. Xxxxxxx Xx. Xx. Xxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
17 0000 Xxxxx Xxxxxxx Xxxxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
18 0000 XX Xxxxxxx 00 Xxxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
00 Xxxxx 0, Xxx 0 Xxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
20 0000 X. Xxxx Xx. Xxxxxxxxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
21 00000 X. Xxxxxxx 00 Xxxxxx Xxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
22 00 Xxxxxx Xxxx Xxxxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
23 0000 X. Xxxxxxx 00 Xxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
24 0000 X. Xxxxxxxx Xxxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
25 5000 Plaza on the Lake-Ste 000 Xxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
26 00000 Xxxxxxxx Xxxx. Xxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
27 0000 Xxxxxxx Xx. Xxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
28 0000 Xxxxx Xxxxxxx Xxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
29 0000 X. Xxxxxxxx Xxxxxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
18
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
30 0000 Xxxxx Xxxx 000 X. Xxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
31 00000 XX 00 Xxxx Xxx Xxxxxxx XX 00000
--------- ------------------------------------------ ----------------------------- ------------------ ------------------
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
19
G H I J
--------- -------------------------- -------------------------------- ----------------------- ------------------------
1
--------- -------------------------- -------------------------------- ----------------------- ------------------------
2
--------- -------------------------- -------------------------------- ----------------------- ------------------------
3
--------- -------------------------- -------------------------------- ----------------------- ------------------------
4
--------- -------------------------- -------------------------------- ----------------------- ------------------------
5
--------- -------------------------- -------------------------------- ----------------------- ------------------------
6 PHONE GENERAL MGR PREV DLR # MIDAS
--------- -------------------------- -------------------------------- ----------------------- ------------------------
7 205-881-6818 Xxxxx Xxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
8 501-362-3171 Xxx Xxxxxx 87593 YES
--------- -------------------------- -------------------------------- ----------------------- ------------------------
9 501-767-2511 Xxxx Xxxxxx 87563
--------- -------------------------- -------------------------------- ----------------------- ------------------------
10 850-244-1099 Xxxx Xxxx 93917 YES
--------- -------------------------- -------------------------------- ----------------------- ------------------------
11 305-451-3398 Xxxxxx Xxxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
12 770-518-1258 Xxxxxxx Xxxx 91905 YES
--------- -------------------------- -------------------------------- ----------------------- ------------------------
13 504-272-2628 Xxx XxXxxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
14 318-747-2628 Xxxxx Xxxxx 80658 YES
--------- -------------------------- -------------------------------- ----------------------- ------------------------
15 318-364-7141 Xxxx Xxxxxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
16 504-441-5718 Xxxx Xxxx 87821
--------- -------------------------- -------------------------------- ----------------------- ------------------------
17 601-762-8787 Xxxxx Xxxxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
18 918-341-6895 Xxxxx Xxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
19 205-757-5000 Xxx Xxxxxxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
20 615-264-6318 Xxxx Xxxxxxx 93920 YES
--------- -------------------------- -------------------------------- ----------------------- ------------------------
21 423-690-2628 Xxxxx Xxxxxxx 93783 YES
--------- -------------------------- -------------------------------- ----------------------- ------------------------
22 615-967-7127 Xxxxxxx Xxxxxxxxx 93921 YES
--------- -------------------------- -------------------------------- ----------------------- ------------------------
23 915-672-2171 Xxxxx Breed
--------- -------------------------- -------------------------------- ----------------------- ------------------------
24 817-265-3232 Xxx Xxxxxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
25 512-347-8787 Xxxx Xxxxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
26 512-250-9000 Xxxxx Xxxxxx
--------- -------------------------- -------------------------------- ----------------------- ------------------------
27 000-000-0000 Xxx Xxxxxxx 87816
--------- -------------------------- -------------------------------- ----------------------- ------------------------
28 713-591-2028 Xxxx Xxxxxxx 85283
--------- -------------------------- -------------------------------- ----------------------- ------------------------
29 972-436-2628 Xxx Xxxxxx 87055
--------- -------------------------- -------------------------------- ----------------------- ------------------------
30 915-697-3261 Xxx Xxxxxxxx 87171
--------- -------------------------- -------------------------------- ----------------------- ------------------------
31 210-690-6270 Xxxxxx Xxx 87815
--------- -------------------------- -------------------------------- ----------------------- ------------------------
20
* INDICATES CONFIDENTIAL TREATMENT REQUESTED. THE REDACTED MATERIAL HAS BEEN
FILED SEPARATELY WITH THE COMMISSION.
