Exhibit 99.30
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, Xxxxxxxx X. Xxxxxxxx;
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 Xxxxxxxx X. Xxxxxxxx Third Party Gift
and Inheritance Trust; Xxxxxxx Bank, as trustee of the Xxxxxxxx Xxxx Xxxxxxxx
Trust; Xxxxxxx Bank, as trustee of the Xxxxxxxx Xxxxx Xxxxxxxx Trust; Xxxxxxx
Bank, as trustee of the Xxxxxxxx Xxxxx Xxxxxxxx Trust; and Xxxxxxx Bank, as
trustee of the Exempt Family Trust u/a Xxxxxxxx X. Xxxxxxxx 1996 Family Trust.
NOW, THEREFORE:
1. I hereby assign, transfer and convey to Xxxxxxx Bank, as trustee of the
Xxxxxxxx X. Xxxxxxxx Third Party Gift and Inheritance Trust, my right pursuant
to the Option Agreement to purchase the following interests in Xxxxxxx Outdoors,
Inc., a Wisconsin corporation: 192,489 Class A shares, 6,250 Class B shares and
11,761 Class B voting trust certificates.
2. I hereby assign, transfer and convey to Xxxxxxx Bank, as trustee of the
Xxxxxxxx Xxxx Xxxxxxxx Trust, my right pursuant to the Option Agreement to
purchase 6,000 Class A shares of Xxxxxxx Outdoors, Inc., a Wisconsin
corporation; provided, however, that the assignment of my option pursuant to
this paragraph 2 is conditioned upon Xxxxxxx Bank, as trustee of the Xxxxxxxx
Xxxx Xxxxxxxx Trust, contributing all interests in Xxxxxxx Outdoors, Inc.
purchased pursuant to such option to WJM Family Line Investments, LLC in
exchange for additional membership interests in such LLC.
3. I hereby assign, transfer and convey to Xxxxxxx Bank, as trustee of the
Xxxxxxxx Xxxxx Xxxxxxxx Trust, my right pursuant to the Option Agreement to
purchase 6,000 Class A shares of Xxxxxxx Outdoors, Inc., a Wisconsin
corporation; provided, however, that the assignment of my option pursuant to
this paragraph 3 is conditioned upon Xxxxxxx Bank, as trustee of the Xxxxxxxx
Xxxxx Xxxxxxxx Trust, contributing all interests in Xxxxxxx Outdoors, Inc.
purchased pursuant to such option to WJM Family Line Investments, LLC in
exchange for additional membership interests in such LLC.
4. I hereby assign, transfer and convey to Xxxxxxx Bank, as trustee of the
Xxxxxxxx Xxxxx Xxxxxxxx Trust, my right pursuant to the Option Agreement to
purchase 6,000 Class A shares of Xxxxxxx Outdoors, Inc., a Wisconsin
corporation; provided, however, that the assignment of my option pursuant to
this paragraph 4 is conditioned upon Xxxxxxx Bank, as trustee of the Xxxxxxxx
Xxxxx Xxxxxxxx Trust, contributing all interests in Xxxxxxx Outdoors, Inc.
purchased pursuant to such option to WJM Family Line Investments, LLC in
exchange for additional membership interests in such LLC.
5. I hereby assign, transfer and convey to Xxxxxxx Bank, as trustee of the
Exempt Family Trust u/a Xxxxxxxx X. Xxxxxxxx 1996 Family Trust, my right
pursuant to the Option Agreement to purchase 21,500 Class A shares of Xxxxxxx
Outdoors, Inc., a Wisconsin corporation.
Signed at Racine, Wisconsin on December 15, 2004.
/s/ Xxxxxxxx X. Xxxxxxxx
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Xxxxxxxx X. Xxxxxxxx
