January 31, 2005Stock Option Agreement • February 2nd, 2005 • Polaris Industries Inc/Mn • Miscellaneous transportation equipment • Minnesota
On behalf of the Board of Directors of Polaris Industries Inc., a Minnesota corporation (“Polaris”), I am writing regarding your continuing employment with Polaris. This letter agreement (the “Agreement”) amends, restates, replaces and supercedes, effective as of January 1, 2005, that letter agreement between you and Polaris dated July 11, 2001, and is written for the purpose of setting forth the terms and conditions of your continued employment by Polaris and to protect Polaris’ knowledge, expertise, and relationships and the confidential information Polaris has developed about its customers, suppliers, products, operations and services.
