<SEC-DOCUMENT>0001144204-16-118363.txt : 20160811
<SEC-HEADER>0001144204-16-118363.hdr.sgml : 20160811
<ACCEPTANCE-DATETIME>20160811161523
ACCESSION NUMBER:		0001144204-16-118363
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160808
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20160811
DATE AS OF CHANGE:		20160811

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			THOR INDUSTRIES INC
		CENTRAL INDEX KEY:			0000730263
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR HOMES [3716]
		IRS NUMBER:				930768752
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09235
		FILM NUMBER:		161824727

	BUSINESS ADDRESS:	
		STREET 1:		601 E. BEARDSLEY AVENUE
		CITY:			ELKHART
		STATE:			IN
		ZIP:			46514
		BUSINESS PHONE:		(574) 970-7460

	MAIL ADDRESS:	
		STREET 1:		601 E. BEARDSLEY AVENUE
		CITY:			ELKHART
		STATE:			IN
		ZIP:			46514
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>v446723_8k.htm
<DESCRIPTION>FORM 8-K
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8&ndash;K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section 13 or 15 (d) of the
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of Earliest Event Reported):
August 8, 2016<B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;<IMG SRC="image_001.jpg" ALT="THOR-logo_blue_nobkgd" STYLE="height: 55px; width: 143px"></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Thor Industries, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in
Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

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        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Delaware</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(State or Other Jurisdiction of Incorporation)</P></td>
    <TD STYLE="width: 34%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>1-9235</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Commission File Number)<B>&nbsp;</B></P></td>
    <TD STYLE="width: 33%; padding: 0; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>93-0768752</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(IRS Employer Identification No.)</P></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>601 East Beardsley Avenue, </b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Elkhart, Indiana </b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of Principal Executive Offices)</P></td>
    <TD STYLE="width: 50%; padding: 0; text-align: center; vertical-align: bottom; text-indent: 0">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>46514-3305</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Zip Code)</P></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s telephone number, including
area code: <B>(574) 970-7460</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>N/A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Former Name or Former Address, if Changed
Since Last Report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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    <TD STYLE="font-size: 10pt"><font style="font-size: 10pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</td>
    <TD STYLE="font-size: 10pt">&nbsp;</td></tr>
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    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></td>
    <TD STYLE="font-size: 10pt"><font style="font-size: 10pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></td></tr>
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    <TD STYLE="font-size: 10pt">&nbsp;</td>
    <TD STYLE="font-size: 10pt">&nbsp;</td></tr>
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    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></td>
    <TD STYLE="font-size: 10pt"><font style="font-size: 10pt">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</td>
    <TD STYLE="font-size: 10pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></td>
    <TD STYLE="font-size: 10pt"><font style="font-size: 10pt">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></td></tr>
</table>
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<tr style="vertical-align: top">
    <TD STYLE="width: 1in; font-size: 10pt"><font style="font-size: 10pt"><b>Item 5.02</b></font></td>
    <TD STYLE="font-size: 10pt"><font style="font-size: 10pt"><b>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.</b></font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(e) &#9;By that certain Unanimous Written Consent of the Compensation
and Development Committee of the Board of Directors of Thor Industries, Inc. dated August 8, 2016, the Compensation and Development
Committee (the &ldquo;Compensation Committee&rdquo;) of the Board of Directors of Thor Industries, Inc. (the &ldquo;Company&rdquo;)
approved the following awards and compensation for the following executive officers for the Company&rsquo;s fiscal year ending
July 31, 2017 (the &ldquo;2017 Fiscal Year&rdquo;):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Peter B. Orthwein</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Orthwein&rsquo;s base salary for the Company&rsquo;s 2017
Fiscal Year remains unchanged at $500,000. Mr. Orthwein&rsquo;s Performance Compensation Awards under the Thor Industries, Inc.
2016 Equity and Incentive Plan (the &ldquo;2016 Plan&rdquo;), payable in cash with respect to each fiscal quarter of the Company&rsquo;s
2017 Fiscal Year in accordance with the 2016 Plan, shall be equal to 0.25% of the Company&rsquo;s net income before tax (excluding
any impairment charges) for each fiscal quarter during the Company&rsquo;s 2017 Fiscal Year. The aggregate amount of such Performance
Compensation Awards shall not exceed $20 million for the 2017 Fiscal Year in accordance with the 2016 Plan. The receipt of the
foregoing Performance Compensation Awards is contingent on Mr. Orthwein being employed with the Company at the time of payment
and certification by the Compensation Committee of the amount of the award and that the applicable performance goal has been achieved.
The amount of such awards is subject to downward adjustment and other limitations in accordance with the terms of the 2016 Plan.
As with all of the executive officers, the Company reserves the right to award discretionary bonuses on a case-by-case basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Robert W. Martin</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Martin&rsquo;s base salary for the Company&rsquo;s 2017
Fiscal Year remains unchanged at $750,000. Mr. Martin&rsquo;s Performance Compensation Awards under the 2016 Plan, payable in cash
with respect to each fiscal quarter of the Company&rsquo;s 2017 Fiscal Year in accordance with the 2016 Plan, shall be equal to
1.75% of the Company&rsquo;s net income before tax (excluding any impairment charges), less 1.75% of the net income before tax
attributable to the Company&rsquo;s Jayco operations (excluding any impairment charges), for each fiscal quarter during the Company&rsquo;s
2017 Fiscal Year. The aggregate amount of such Performance Compensation Awards shall not exceed $20 million for the 2017 Fiscal
Year in accordance with the 2016 Plan. Mr. Martin&rsquo;s Performance Compensation Award under the 2016 Plan, payable in restricted
stock units following the end of the 2017 Fiscal Year, shall be equal to 0.5% of the Company&rsquo;s net income before tax (including
the Company&rsquo;s Jayco operations, but excluding any impairment charges), plus 1.75% of the net income before tax attributable
to the Company&rsquo;s Jayco operations (excluding any impairment charges), for the 2017 Fiscal Year. The settlement date for this
award will be the first trading day following the date the Company opens a trading window under the Company&rsquo;s trading policy
for corporate insiders (the &ldquo;Company Trading Policy&rdquo;) following the 2017 Fiscal Year and the number of shares issued
will be based upon the New York Stock Exchange (the &ldquo;NYSE&rdquo;) closing price of the Company&rsquo;s common stock on such
date. The restricted stock units granted pursuant to such award will vest in equal installments on the first, second, and third
anniversaries of the settlement date. The amount of such Performance Compensation Award shall not exceed 2,000,000 shares of restricted
stock units in accordance with the 2016 Plan. The receipt of the foregoing Performance Compensation Awards is contingent on Mr.
Martin being employed with the Company at the time of payment and certification by the Compensation Committee of the amount of
the award and that the applicable performance goal has been achieved. The amount of such awards is subject to downward adjustment
and other limitations in accordance with the terms of the 2016 Plan. As with all of the executive officers, the Company reserves
the right to award discretionary bonuses on a case-by-case basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Colleen A. Zuhl</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ms. Zuhl&rsquo;s base salary for the Company&rsquo;s 2017 Fiscal
Year remains unchanged at $600,000. Ms. Zuhl&rsquo;s Performance Compensation Awards under the 2016 Plan, payable in cash with
respect to each fiscal quarter of the Company&rsquo;s 2017 Fiscal Year in accordance with the 2016 Plan, shall be equal to 0.25%
of the Company&rsquo;s net income before tax (excluding any impairment charges), less 0.25% of the net income before tax attributable
to the Company&rsquo;s Jayco operations (excluding any impairment charges), for each fiscal quarter during the Company&rsquo;s
2017 Fiscal Year. The aggregate amount of such Performance Compensation Awards shall not exceed $20 million for the 2017 Fiscal
Year in accordance with the 2016 Plan. Ms. Zuhl&rsquo;s Performance Compensation Award under the 2016 Plan, payable in restricted
stock units following the end of the 2017 Fiscal Year, shall be equal to 0.25% of the Company&rsquo;s net income before tax (including
the Company&rsquo;s Jayco operations, but excluding any impairment charges), plus 0.25% of the net income before tax attributable
to the Company&rsquo;s Jayco operations (excluding any impairment charges), for the 2017 Fiscal Year. The settlement date for this
award will be the first trading day following the date the Company opens a trading window under the Company Trading Policy following
the 2017 Fiscal Year and the number of shares issued will be based upon the NYSE closing price of the Company&rsquo;s common stock
on such date. The restricted stock units granted pursuant to such award will vest in equal installments on the first, second, and
third anniversaries of the settlement date. The amount of such Performance Compensation Award shall not exceed 2,000,000 shares
of restricted stock units in accordance with the 2016 Plan. The receipt of the foregoing Performance Compensation Awards is contingent
on Ms. Zuhl being employed with the Company at the time of payment and certification by the Compensation Committee of the amount
of the award and that the applicable performance goal has been achieved. The amount of such awards is subject to downward adjustment
and other limitations in accordance with the terms of the 2016 Plan. As with all of the executive officers, the Company reserves
the right to award discretionary bonuses on a case-by-case basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>W. Todd Woelfer</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Woelfer&rsquo;s base salary for the Company&rsquo;s 2017
Fiscal Year has been increased from $500,000 to $600,000. Mr. Woelfer&rsquo;s Performance Compensation Awards under the 2016 Plan,
payable in cash with respect to each fiscal quarter of the Company&rsquo;s 2017 Fiscal Year in accordance with the 2016 Plan, shall
be equal to 0.20% of the Company&rsquo;s net income before tax (excluding any impairment charges), less 0.20% of the net income
before tax attributable to the Company&rsquo;s Jayco operations (excluding any impairment charges), for each fiscal quarter during
the Company&rsquo;s 2017 Fiscal Year. The aggregate amount of such Performance Compensation Awards shall not exceed $20 million
for the 2017 Fiscal Year in accordance with the 2016 Plan. Mr. Woelfer&rsquo;s Performance Compensation Award under the 2016 Plan,
payable in restricted stock units following the end of the 2017 Fiscal Year, shall be equal to 0.20% of the Company&rsquo;s net
income before tax (including the Company&rsquo;s Jayco operations, but excluding any impairment charges), plus 0.20% of the net
income before tax attributable to the Company&rsquo;s Jayco operations (excluding any impairment charges), for the 2017 Fiscal
Year. The settlement date for this award will be the first trading day following the date the Company opens a trading window under
the Company Trading Policy following the 2017 Fiscal Year and the number of shares issued will be based upon the NYSE closing price
of the Company&rsquo;s common stock on such date. The restricted stock units granted pursuant to such award will vest in equal
installments on the first, second, and third anniversaries of the settlement date. The amount of such Performance Compensation
Award shall not exceed 2,000,000 shares of restricted stock units in accordance with the 2016 Plan. The receipt of the foregoing
Performance Compensation Awards is contingent on Mr. Woelfer being employed with the Company at the time of payment and certification
by the Compensation Committee of the amount of the award and that the applicable performance goal has been achieved. The amount
of such awards is subject to downward adjustment and other limitations in accordance with the terms of the 2016 Plan. As with all
of the executive officers, the Company reserves the right to award discretionary bonuses on a case-by-case basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Ken D. Julian</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Julian&rsquo;s base salary for the Company&rsquo;s 2017
Fiscal Year remains unchanged at $500,000. Mr. Julian&rsquo;s Performance Compensation Awards under the 2016 Plan, payable in cash
with respect to each fiscal quarter of the Company&rsquo;s 2017 Fiscal Year in accordance with the 2016 Plan, shall be equal to
0.12% of the Company&rsquo;s net income before tax (excluding any impairment charges), less 0.12% of the net income before tax
attributable to the Company&rsquo;s Jayco operations (excluding any impairment charges), for each fiscal quarter during the Company&rsquo;s
2017 Fiscal Year. The aggregate amount of such Performance Compensation Awards shall not exceed $20 million for the 2017 Fiscal
Year in accordance with the 2016 Plan. Mr. Julian&rsquo;s Performance Compensation Award under the 2016 Plan, payable in restricted
stock units following the end of the 2017 Fiscal Year, shall be equal to 0.175% of the Company&rsquo;s net income before tax (including
the Company&rsquo;s Jayco operations, but excluding any impairment charges), plus 0.12% of the net income before tax attributable
to the Company&rsquo;s Jayco operations (excluding any impairment charges), for the 2017 Fiscal Year. The settlement date for this
award will be the first trading day following the date the Company opens a trading window under the Company Trading Policy following
the 2017 Fiscal Year and the number of shares issued will be based upon the NYSE closing price of the Company&rsquo;s common stock
on such date. The restricted stock units granted pursuant to such award will vest in equal installments on the first, second, and
third anniversaries of the settlement date. The amount of such Performance Compensation Award shall not exceed 2,000,000 shares
of restricted stock units in accordance with the 2016 Plan. The receipt of the foregoing Performance Compensation Awards is contingent
on Mr. Julian being employed with the Company at the time of payment and certification by the Compensation Committee of the amount
of the award and that the applicable performance goal has been achieved. The amount of such awards is subject to downward adjustment
and other limitations in accordance with the terms of the 2016 Plan. As with all of the executive officers, the Company reserves
the right to award discretionary bonuses on a case-by-case basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the case of each of the officers named above, the grant of
Performance Compensation Awards outlined above is conditioned upon approval of the 2016 Plan by the shareholders (the &ldquo;Shareholders&rdquo;)
of the Company, and no such grant shall be paid unless and until such time as the Shareholders have approved the 2016 Plan by vote
at the Company&rsquo;s annual meeting to be held in December of 2016, and such grants shall be null and void if the Shareholders
do not approve the 2016 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <td colspan="2" style="text-align: justify"><font style="font-size: 10pt"><b>Thor Industries, Inc.</b></font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="width: 55%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 5%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 5%; text-align: justify">&nbsp;</td>
    <TD STYLE="width: 35%; text-align: justify">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
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<tr style="vertical-align: top">
    <TD STYLE="text-align: justify"><font style="font-size: 10pt">Date: August 11, 2016</font></td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-size: 10pt">By: </font></td>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><font style="font-size: 10pt">/s/ W. Todd Woelfer</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify">&nbsp;</td>
    <TD STYLE="text-align: justify"><font style="font-size: 10pt">Name:</font></td>
    <TD STYLE="text-align: justify"><font style="font-size: 10pt">W. Todd Woelfer</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td>
    <TD><font style="font-size: 10pt">Title:</font></td>
    <TD><font style="font-size: 10pt">Senior Vice President, General Counsel and Secretary</font></td></tr>
</table>
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