2015 sales bonus levels - grasshopper dealers

POLICY 283 – DLR July 10, 2015©Grasshopper 2015

2015 Sales Bonus LevelsSet Your Goals for an Added 2015 Profit to Your Bottom Line

Enclosed are the details of Grasshopper’s 2015 Volume Bonus Prompt Pay Program. Thisindustry-original program from Grasshopper is our unique way to reward dealers who focus theirefforts on Grasshopper products and who take advantage of Grasshopper’s whole goods andparts stocking programs.

Determine the Star Level you want to achieve, keeping this goal in mind as you retail andplace orders accordingly to reach your 2015 Bonus Levels.

The Rebates are paid on FrontMount, MidMount, V Series models, Implements and WholeGood Accessories.

While the Volume Bonus Prompt Pay reward is a culmination of your efforts throughout theyear, don’t forget The Grasshopper Company also provides many other ways to put cash inyour pocket, including Quik Pay Incentives, subsidized finance programs that drive customers toyour door, and sales programs such as Bid and Fleet Assist that provide additional rebates inaddition to real net free freight (we don’t hide inflated freight charges in the List Price ofmachines). Grasshopper introduces timely seasonal sell-through programs throughout the year,such as Summer Sizzler, Fall 500, Vote Grasshopper and Open House that let you providespecial offers to customers while maintaining profit margins.

Each year we see more dealers strengthened by focusing their efforts on Grasshopperproducts. In addition to having the highest quality products and great margins to work with,dealers who focus on Grasshopper earn a bonus at the end of every season!

The industry’s most highly-engineered products, combined with the industry’s most highlytargeted sales programs, combine to give the edge on profitability to Grasshopper dealerships.We congratulate you on the levels you reached last season, and encourage you to aim for thestars!

THE GRASSHOPPER COMPANY

Ruthanne StuckyMarketing Director

THE GRASSHOPPER COMPANY | ONE GRASSHOPPER TRAIL | PO BOX 637 | MOUNDRIDGE, KANSAS 67107 U.S.A.TELEPHONE (620) 345-8621 | FAX: (620) 345-2301 | GRASSHOPPERMOWER.COM

POLICY 283 DLR 1 July 10, 2015©Grasshopper 2015

10

ÜDemonstrator Model & implement 10% Demo Discount & August 15, 2016 Terms

ASSiGn DEMO WiTh iniTiAL STOCk ORDER AnD TAkE DELiVERY nO LATER ThAn DECEMBER 10, 2015

Üplus...Year 1: TV/DVD Combo & Literature RackYear 2: Simulated neon Electric Backlit SignYear 3: Grasshopper Jacket & CapYear 4+: $200 GrasshopperDealerGear.com gift certificate

2015 GRASShOPPER VOLuME BOnuS PROMPT PAY PROGRAM

Rewards and RebatesQuik Reference Chart

15ÜFREE PowerVacTM Collection System (up to $2,450 retail value)

20

uniTS

uniTS

uniTS

Ü1% REBATE (units 1-20)Ü3% Co-op Advertising AllowanceÜ2nd Demonstrator model earns 10% Demo Discount and August 15, 2016 Terms

(must be in category other than first demonstrator)

ASSiGn DEMO WiTh iniTiAL STOCk ORDER AnD TAkE DELiVERY nO LATER ThAn DECEMBER 10, 2015

STAR PREMIER DEALER

30

Ü1.5% REBATE (units 21-30)ÜBillboard Special (75/25 Co-op for 3 months)2nd FREE PowerVacTM Collection System (up to $2,450 retail value)

Üplus...YEAR 1: (2) Double-Sided Feather Banners YEAR 2: Letterman JacketYEAR 3: Grasshopper flag and Grasshopper neon wall clock

uniTS

2-STAR DEALER

45uniTS

Ü2% REBATE (units 31-45)ÜFREE 2-person Winter Package to Gaylord Opryland Resort - nashville (nov-Dec)

including, airfare for two (more than 500 radius miles) or $200 fuel card (less than 500 radius miles) for 2 night/3 day stay at the Gaylord Opryland Resort & Convention Center, 2 dinner tickets on General Jackson showboat and airport transfers (when applicable) in nashville, Tenn.

Üimplement Demonstrator at 50% Discount off MSRP and October 10, 2017 Terms

ÜDirect Mail promoting dealer name/location with Summer Sizzler or Fall 500 sell-through programs

Üplus...YEAR 1: 10x20 Grasshopper Tent ($1,000 retail value)YEAR 2: neon sign

3-STAR DEALER

60uniTS

Ü2.5% REBATE (units 46-60)

ÜFREE Model 124/41 (limit one)ÜAdditional Billboard Special (75/25 Co-op for additional 3 months)

4-STAR DEALER

10-UNIT DEALER

STAR DEALER


100uniTS

Ü3% REBATE (units 61-100)ÜFREE Freight - one additional full truckload of Grasshopper manufactured products

Actual cost of freight up to $3,500Sprayers & Turbine Blowers maintain standard freight rates

GOLD-STAR DEALER

120uniTS

GOLD-STAR PREMIER DEALER

145uniTS

ÜFREE Model 16FM or 16 PowerVacTM Collection System(up to $3,295 retail value)

GOLD 3-STAR DEALER

Ü3.5% REBATE (units 101-160)

160uniTS

GOLD 4-STAR DEALER

YEAR 1: Front Door Awning with Grasshopper logoYEAR 2: 42” Flat-Panel TV for showroom (or equivilant size)

GOLD 5-STAR DEALER

175uniTS

Ü4% REBATE (units 161-200)

ÜFREE Model 616T (limit one)

PLATINUM-STAR DEALER

200uniTS

Ü4.5% REBATE (units 201+)PLATINUM STAR-PREMIER DEALER

250uniTS

75uniTS

ÜFREE Freight on one full truckload of Grasshopper manufactured productsActual cost of Freight up to $3,500Sprayers & Turbine Blowers maintain standard freight rates

5-STAR DEALER


Rewards and RebatesQuik Reference Chart

GOLD & PLATinuM CATEGORiES

YEAR 1: Parts counter stools with Grasshopper logoYEAR 2: Phone on-hold message system for 12 months ($835 retail value)

Exclusive Winter Grasshopper Factory Tour & Discussion (nov-Dec)All-expense-paid trip for two to The Grasshopper Company in Moundridge, kansas. Grasshopper package includes 2 days/1 night withone-on-one time with company personnel. May not be exchanged for money, credit or product.


2015 GRASSHOPPER VOLUME BONUS PROMPT PAY PROGRAM

Dealer qualifications to participate in Volume Bonus program(a) initial season wholegoods order follows 75% rule guidelines; (b) take delivery of 100% of stock order by February28, 2015; (c) participate in Parts Stocking Program; (d) sign Grasshopper Dealer Agreement; (e) adhere to FISTProgram (G-SB1214) and other Grasshopper-sponsored Programs; (f) retail equipment in dealer’s designated inquiryreferral area; (g) maintain current account throughout the year.

Examples of Qualifying Units for Volume Sales Bonus• Dealer takes delivery of 25 machines in the 2015 Season. Five of the 25 machines are taken later in the season. Dealer pays

for 20 units by 8-15-2015, and receives rewards on 20 units for 2015. The remaining 5 units will be counted along with other equipment on which the dealer takes delivery and remits payment for the 2016 season to earn Volume Bonus.

• Dealer takes delivery of their entire 2015 stock order of 75 units by 12-15-2014. Dealer pays 65 units before 8-15-2015. Dealer receives rewards of a 60 unit dealer, and is paid rebate on all 65 machines. The unpaid carryover machineswill be eligible for the 2016 Season. If the units are not paid by 8-15-2016, the machines lose their volume eligibility.

• Dealer takes delivery of 24 stock machines in October, 2014, and 24 units in January of 2015. Dealer pays for 42 machinesby July 10, 2015. The remaining 6 units are not due until October 10, 2015, but the dealer wants to achieve the 45 unit level and pays for 3 units by August 15, 2015. Dealer receives rewards based on the 45 unit level. 3 unpaid machines willbe eligible for the 2016 Volume Season.

2015 earned rewards are based on the level of units paid by August 15, 2015A dealer may attain a qualified level or achieve a higher program level by ordering and prepaying machine(s) in the 2015season, even though these units have not shipped. These machines must be paid by August 15, 2015, and Grasshopper willdeliver this equipment by September 30, 2015. Because accounting of the 2015 season closes at the end of business, August15, 2015, the program does not allow for flexibility regarding the final payment date. Monies received after this date willnot count on the 2015 Volume program, however, qualifying prepaid equipment will be eligible for the 2016 season.

Dealers will receive all the benefits and Volume Bonuses of all the levels they have earned when the completed warranty cardson all the retailed units included in this program have been received by the factory on or before December 15, 2015 and thedealer maintains a prompt pay account. Rebates will be paid within one hundred twenty (120) days following the program.To receive all dealer’s deserved awards, dealers must resolve any discrepancies or questions on billings, before the Programcloses. It is cost-effective for both the dealer and the factory to have Demonstrators, Collection Systems, Implements and FreeMachines, ordered and shipped with your 2016 Spring Stock Order.

Program ExceptionsMachines sold on State or Federal contracts and are below 50% of dealer’s total volume, will be included in the quantity count toreach various bonus levels, but will not be paid volume rebates. If, however, the number of machines sold to State or Federalagencies equal 50% and above of the dealer’s whole goods volume, these units will not be included in the volume machine count.

Program DisqualificationAny accounts placed on COD or had past due occurrences, were sold and unpaid resulting in delinquent interest charges,or tendered an Insufficient Funds Check for payment on the account, may not be eligible to participate in this program or willlose their volume bonus on a quarterly basis, which cannot be reinstated for that quarter.Dealerships that sell their business, are acquired or relinquish the Grasshopper Line, will not be eligible for rewards, bonusesor rebates they had earned prior to the sale/relinquishment. These rewards/bonuses and rebates are not transferrable to thesuccessor dealer. If, the dealer who has relinquished the Grasshopper line after a product year, returns or transfers qualifiedequipment taken as a Volume reward or was counted towards their rebate pay, the dealer will incur charge-backs based onthe reduced level of volume and Quik Pay incentives taken.


2015 GRASSHOPPER VOLUME BONUS PROMPT PAY PROGRAM REBATES & REWARDS

GRASShOPPER SERiES plus V SERiESVolume rebate will be earned on Grasshopper wholegoods invoiced during the 2015 season and paid by August15, 2015. Program guidelines are detailed on Page 3 and subject to change without notice or obligation.

ÜYEAR 1: TV/DVD Combo and aSpace Saver 4-tier Grasshopper Ro-tator Literature Rack to be used indealer showroom (not recom-mended for trade shows).

ÜYEAR 2: Highly visible13"x24"x4" electric backlitsign (simulated neon) withGrasshopper logo.

ÜYEAR 3: 10-Unit Dealer statusis signified by the dealerprincipal and desig-nated salesperson re-ceiving personalizedGrasshopper jacket andGrasshopper cap.

ÜYEAR 4: ...and subsequent years, $200 GrasshopperDealerGear.com gift certificate.

Dealer also earns one "10%" demonstrator or “1.5% V Se-ries” demonstrator and choice of one implement to be usedduring the 2016 season with August 15, 2016 terms. Theimplement choice may be one of the following: AERA-vator,rotary broom, dozer blade, turbine blower, Edge-Eze™, Re-moteVac, Shielded Sprayer or snowthrower. Implement willearn 10% cash discount when paid by August 15, 2016.

One power unit and deck of dealer’s largest volume model,excluding 900 & 400 Series models, to be provided foruse in the 2016 season (September 1, 2015 through Au-gust 15, 2016) as dealer’s demonstrator or loaner machinefor zero downtime support. Dealer must assign their demon-strator & implement with their initial order and take deliveryno later than December 10, 2015. A Dealer DemonstratorCertificate will be provided to qualified dealers. Submitcompleted certificate requesting your annual demonstratorunit and implement with your wholegoods stocking order.

ÜDealer will receive unit when available or at factory discretionand will be invoiced with an August 15, 2016 due date. Latecertificate filing, after December 10th, will not qualify for ex-tended terms or demo discount.

ÜDemonstrator unit will be paid by August 15, 2016, in orderfor dealer to qualify for demo discount, volume bonus rebatesand to meet volume bonus prompt pay program requirements.

ÜWhen Demonstrator is retailed, please note hours on warrantycard. Hours of use shall not exceed 50 hours or fall below 25hours when retailed.

ÜDemonstrator unit will not be eligible for bid assist or fleet as-sist as those programs require selling of new machines and thiswill be a demonstrated machine.

Qualifying Dealer Earns...10 units


Earn the bonuses of a 10-unit Dealer, PLuS…

STAR DEALER

Ü A certificate (limit 1 certificate per dealership) for onebonus PowerVac™ (48” – 61”) Collection System –Model 8F, 8HT, 12F, 12HT or 15B – with a retail valueup to $2,450 (FOB Moundridge, KS).

The certificate expires March 31, 2016. The PowerVac™ earnedin this bracket may not be exchanged for equipment or returned. Ifdealer does not claim PowerVac collector by March 31, 2016, thecertificate expires and PowerVac collection system is forfeited.

Ü1% rebate paid on dealer cost of tractor, deck, imple-ment and wholegood accessories on the first twenty (20)units after the 20th machine is ordered and paid for byAugust 15, 2015, and a subsequent 1% bonus rebateon subsequent units, when paid according to terms of-fered.

ÜIn addition to the normal 2% Cooperative Advertis-ing Allowance, an additional 1% bonus will be al-lowed (3% total) for the 2016 product year.

ÜDealer earns a second "sell anytime" demonstratorpower unit and deck for use in the 2015 season (Sep-tember 1, 2015 through August 15, 2016) with Au-gust 15, 2016 terms.

Second demonstrator unit must be in the category (FrontMount orMidmount) other than the first demonstrator model, to be providedas dealer’s demonstrator or loaner machine for zero downtimesupport. 900 & 400 Series models are not eligible for demon-strators. Dealer will assign demonstrator with initial order and takedelivery no later than December 10, 2015.

Dealer Demonstrator Certificate will be provided to qualified deal-ers. Submit completed certificate requesting your annual demon-strator unit with your wholegoods stocking order.

ÜDealer will receive unit when available or at factorydiscretion and will be invoiced with an August 15,2016 due date. Late certificate filing, after December10th, will not qualify for extended terms or demo dis-count.

ÜDemonstrator unit will be paid by August 15, 2016,in order for dealer to qualify for demo discounts, vol-ume bonus rebates and to meet volume bonus promptpay program requirements.

ÜWhen Demonstrator is retailed, please note hourson warranty card. Hours of use shall not exceed 50hours or fall below 25 hours when retailed.

ÜDemonstrator unit will not be eligible for Bid Assistor Fleet Assist as those programs require selling of newmachines and this will be a demonstrated machine.

Earn the bonuses of a STAR Dealer, PLuS…

STAR PREMIER

FREECOLLECTIONSYSTEM

15 units

20 units


ÜAfter the 30th unit has been ordered and paid forby August 15, 2015, an additional .5% rebate (totalof 1.5%) is earned. This applies to the 21st and sub-sequent units through 30 units.

ÜEarn 75/25 Bill-board Co-op for 3-months rental withprior approval ofcost. This is in ad-dition to 3% net co-op advertising.

ÜYEAR 1: Two 11’ double-sided feather banners withoutdoor ground spike and a carry bag.

ÜYEAR 2: Black wool and leather letterman jacketwith embroidered Grasshopper logo.

ÜYEAR 3:3’ x 5’ Grasshopper flag and Grasshopper neon wall clock(10.75”W x 12.5” H x 2.875” D).

ÜA certificate for one bonus PowerVac™ (48” – 61”)Collection System – Model 8F, 8HT, 12F, 12HT or 15B– with a retail value up to $2,450 (FOB Moundridge, KS).The certificate expires March 31, 2016. The PowerVac™earned in this bracket may not be exchanged for equipmentor returned.

Earn the bonuses of a STAR PREMiER Dealer, PLuS…

2-STAR


Feather BannersYear 1

SiDE 1 SiDE 2

Leather Letterman JacketYear 2

Flag (left) & neon Clock (right)Year 3

30 units


Earn the bonuses of a 2-STAR Dealer, PLuS…

3-STAR

ÜAfter the 45th unit has been ordered and paid forby August 15, 2015, an additional .5% rebate (totalof 2%) is earned. This applies to the 31st and subse-quent units.

ÜA certificate for the choice of one implement to bedemonstrated during the 2016 season, invoiced with50% discount off MSRP and with October 10, 2017terms. No additional Quik Pay Discounts will be al-lowed on this implement. The implement choice may beone of the following: AERA-vator™, rotary broom,dozer blade, turbine blower, Edge-EzeTM, snowthrower,RemoteVac or shielded sprayer.

ÜDirect Mail for your dealership promoting the 2016Fall 500 and Summer Sizzler programs.

ÜYEAR 1: One 10 x 20 outdoor display tent – with a re-tail value of $1,000 (FOB Moundridge, KS). The tent maynot be exchanged for equipment or returned.

ÜYEAR 2: 28”x16” neon sign with Grasshopperlogo and “Your Next Mower” for indoor display (a$350 Retail Value).

Ask your sales rep

for more information

On these fabulous accessories

File Name: GrasshopperMower 10x20.ai

TOP

10x20 Tent Year 1

ÜWinter Package to Gaylord Opryland Resort for two - Nashville (Nov-Dec)1. Transportation - airfare for two (more than 500 radius miles) or $200 fuel card (less than 500 radius miles) 2. 2 night/3 day stay at the Gaylord Opryland Resort & Convention Center3. 2 dinner tickets on General Jackson showboat 4. Airport transfers (when applicable)

Trip will be scheduled at factory discretion. It cannot be exchanged for other locations, money, credit or product.

neon signYear 2

45 units



4-STAR

ÜAfter the 60th unit has been ordered and paid forby August 15, 2015, an additional .5% rebate (totalof 2.5%) is earned. This applies to the 46th and sub-sequent units.

Ü75/25 Billboard Co-op for an additional 3-monthsrental (total of 6 months) with prior approval of cost.This is in addition to 3% net co-op advertising.

ÜFREE Model 124V/41 earned in this bracket may notbe exchanged for other equipment or returned.


5-STAR

ÜFREE freight on one (1) 53’ van load of Grasshop-per product with acutal cost of freight up to $3,500,in subsequent product year and shipped by January20, 2016. Dealer forfeits free freight if shipment isscheduled after January 20, 2016.

FREE


GOLD-STAR

ÜAfter the 100th unit has been ordered and paid forby August 15, 2015, an additional .5% rebate (totalof 3%) is earned. This applies to the 61st and subse-quent units.

ÜFree Freight on two (2) 53' van loads of Grasshop-per product with acutal cost of freight up to $3,500per load, in the subsequent product year and shippedby January 20, 2016. Dealer forfeits free freight ifshipment is scheduled after January 20, 2016.

60 units

75 units

100 units


Earn the bonuses of a GOLD-STAR Dealer, PLuS…

GOLD-STAR

ÜYEAR 1: Grasshopper Parts Counter Stools (2 stools). ÜYEAR 2: Professional Phone On-hold Message Sys-tem for 12 months (a $835 Retail Value.) Connects toyour store phone system and includes unlimited mes-sage changing.

All-expense-paid 2-Day/1-Night trip for two to TheGrasshopper Company in Moundridge, Kansas with one-on-one time with company personnel.

Trip will be scheduled at factory discretion between No-vember 1 and December 31, 2015. It cannot be ex-changed for other locations, money, credit or product.

Earn the bonuses of a GOLD STAR PREMiER Dealer, PLuS…

GOLD 3-STAR

ÜOne certificate for a Free Model 16 or 16FM Power-Vac™ (48” – 61”) collector with a retail value up to$3,295 (FOB Moundridge, KS). The certificate expiresMarch 31, 2016. The PowerVac™ earned in thisbracket may not be exchanged for equipment or returned.


120 units

145 units


Earn the bonuses of a GOLD 4-STAR Dealer, PLuS…

GOLD 5-STAR

ÜYEAR 1: Front Door Awning with Grasshopperlogo.

ÜYEAR 2: 42” Flat-Panel TV for showroom (or equivilant)


PLATINUM-STAR

ÜAn additional .5% rebate (4% total) is earned after the200th unit has been ordered and paid for by August15, 2015. This applies to the 161st and subsequentunits.

ÜFREE Model 616T earned in this bracket may not beexchanged for other equipment or returned.

Earn the bonuses of a PLATinuM STAR Dealer, PLuS…

PLATINUM PREMIER-STAR

ÜAn additional .5% rebate (4.5% total) is earned afterthe 250th unit has been ordered and paid for by August15, 2015. This applies to the 201st and subsequentunits.


GOLD 4-STAR

ÜAn additional .5% rebate (total of 3.5%) is earned afterthe 160th unit has been ordered and paid for by August15, 2015. This applies to the 101st and subsequent units.

FREE616T

160 units

175 units

200 units

250 units


This form initiates terms adjustment on stock unit that is to be used as a demonstrator and implement model.

Qualifications: Applicant must meet all the guidelines specified in the Grasshopper Volume Bonus Prompt Pay pro-gram, and have reached the 10 Unit level of the program.

The Grasshopper model indicated below represents the most active model sold at the dealership during the 2015product season - excluding 400 & 900 Series models - and is requested as a Year 2016 demonstrator/zero-down-time unit. (V Series Models 100 Series & 226 may earn 1.5% demo discount.) It will be demo’d on-site at aprospect’s request and provided as a ‘zero downtime unit’ when necessary. It is recommended that a user fee becharged to customers when used as a ‘downtime’ unit and could be linked with a regularly scheduled dealer main-tenance program. If there is a unit down and the mower can’t be repaired with one day turn around, then the com-mercial cutter can receive the use of a loaner utilizing the loaner agreement (attached).

Specify FrontMount Model and Serial No.: _____________________________________________________

Specify Deck and Serial No.: ________________________________________________________________

Specify MidMount Model and Serial No.:______________________________________________________

Specify 10%-discount Implement & Serial No.:___________________________________________________(First 10% Demonstrator & 10% Implement earned @ 10 unit level)(Second 10% Demonstrator earned @ Star Premier 20 unit level)(50% OFF MSRP Implement earned @ 3-Star 45 unit level)

Specify 50%-discount Implement & Serial No.: __________________________________________________

Specify 1.5% discount for V Series Models 100 Series & 226: _____________________________________

Payment for this 10% unit is due when sold, no later than August 15, 2016. Any remaining warranty on the unit isavailable to the original purchaser. Demonstrator is not to exceed 50 hours of use.

When demonstrator unit is sold, indicate number of hours of use on warranty registration card. Hours should notexceed 50 hours or be less than 25 hours.

Dealership name: _____________________________________________ Account No: __________________

Address where demo unit is stationed: _________________________________________________________

_________________________________________________________

Signature: My signature indicates I have read and understood the provisions stated on this form:

_______________________________________________________

PLEASE MAKE COPIES FOR ADDITIONAL DEMOS


Dealer Demonstrator Claim FormDealer must take delivery of demonstrator and implement no later than December 10, 2015.


nExT PAGE: LOAnER AGREEMEnT TEMPLATE

THE GRASSHOPPER COMPANY ■ ONE GRASSHOPPER TRAIL ■ PO BOX 637 ■ MOUNDRIDGE, KANSAS 67107 U.S.A.TELEPHONE (620) 345-8621 ■ FAX: (620) 345-2301 ■ GRASSHOPPERMOWER.COM

Model No. __________________________ Model No. __________________________Serial No. __________________________ Serial No. __________________________Hours __________________________ Hours __________________________

This agreement between _____________________________________ (hereinafter “Undersigned”) an adult residing

at ___________________________________________, ____________________, ___________, and

______________________________________________, an authorized Grasshopper Dealer located at

___________________________________________, ____________________, ___________, (hereinafter “Dealer”).

The above mentioned Grasshopper equipment (“Loaner”) is available from __________ to ________ at $______/hourto the undersigned. In consideration of the Loaner, Undersigned agrees to the following terms, warranties andrepresentations:

Undersigned has read and voluntarily signs this loaner agreement, waiver of liability and indemnity agreement.

In consideration for the Loaner, Undersigned for himself, his personal representatives, heirs and next of kin,acknowledges, agrees and represents that he has, or will immediately prior to using the loaner and will continuouslythereafter use the Loaner in accordance with the operator’s manual and any instructions given by Dealer. If theUndersigned or any of the Undersigned’s designees operate this equipment, such operation affirms that the operatorhas read the manual, been instructed as to the safe use of the equipment and had all operational and safety questionsanswered prior to such operation. Undersigned acknowledges that he operated the Loaner while in the presence ofDealer, understands its operation and had opportunity to ask any operation or safety questions prior to takingpossession of the Loaner.

Undersigned will contact Dealer in the event that the Loaner is not operating in accordance with the manual andDealer instructions. Undersigned will not use the Loaner until Dealer has repaired any such conditions.

Undersigned expressly acknowledges that operating the Loaner is dangerous and involves the risk of injury and/ordeath and/or property damage, particularly when operated in any manner inconsistent with the Manual and Dealerinstructions.

Undersigned hereby releases, waives, discharges, and covenants not to sue Dealer, its officers, employees, owners,or any subdivision of Dealer (hereinafter referred to collectively as “Releases”) from all liability to Undersigned, hispersonal representatives, assigns, heirs, and next of kin for any and all loss or damage, and any claim or demandstherefore on account of injury to the person or property or resulting in the death of Undersigned. Undersignedexpressly agrees to indemnify and hold harmless Dealer from any and all claims, from any source, for personal injury,wrongful death and/or property damage.

Undersigned shall be responsible to Dealer for any damage to Loaner that is beyond reasonable wear and tear.Undersigned will not modify the Loaner in any way.

Undersigned expressly agrees that the foregoing release, Waiver and Indemnity Agreement is intended to be as broadand inclusive as is permitted by the law of the state in which Dealer is located.

If any portion thereof is held invalid, it is agreed that the balance shall, notwithstanding, continue in full legal force andeffect.

No oral representations, statements or inducements apart from the foregoing written agreement have been made.

______________________________________________Undersigned Signature Phone

__________________________________________________ __________________________________________Date__________________________________________________ For Dealer

Form 0715 DLR/END-USER

2015 sales bonus levels - grasshopper dealers

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