<DOCUMENT>
<TYPE>EX-99.(B)
<SEQUENCE>3
<FILENAME>irm392a.txt
<DESCRIPTION>OPTION AGREEMENT
<TEXT>
                                OPTION AGREEMENT

     For good and valuable consideration, receipt of which is hereby
acknowledged, I, as trustee of the Samuel C. Johnson 1988 Trust Number 1 dated
September 14, 1988, as amended and restated (the "trust"), grant to each of my
children, S. Curtis Johnson ("Curt"), Helen Johnson-Leipold ("Helen"), H. Fisk
Johnson ("Fisk") and Winifred J. Marquart ("Win") and their respective
successors and assigns, an option (the "option") to purchase certain assets from
the trust (or from its successor or successors in interest) in the amounts and
upon the terms and conditions set forth below:

     1. The option shall cover Nine Hundred Seventy Thousand and One (970,001)
     shares of Class A common stock of Johnson Outdoors, Inc., a Wisconsin
     corporation, or of any successor to its business (the "option assets")
     owned by the trust (or by its successor or successors in interest) at the
     date the option may first be exercised,

     2. The option may first be exercised upon the date of the execution of this
     Agreement, and may be exercised thereafter at any time during the period
     indicated in the "Term" column in paragraph 3, below, terminating at 11:59
     p.m. Central Time on the final day as indicated in such Term column, that
     date being January 7, 2005 (the "option period"). The option shall consist
     of the right to purchase an option asset at any time during the option
     period, subject to the conditions described below.

     3. The option assets described above may be acquired by my said children as
     provided in the following schedule:

              No. of Class
              A Shares
     Child    Option Asset    Strike Price       Term          Consideration
     -----    ------------    ------------       ----          -------------

     Helen    485,000           $13.04         548 days          $1,119,480

     Curt     161,667           $13.04         548 days          $  373,161

     Fisk     161,667           $13.04         548 days          $  373,161

     Win      161,667           $13.04         548 days          $  373,161
              -------                                            ----------

     TOTAL    970,001                                            $2,238,963

     Accordingly, each child may exercise his or her option with respect to the
     number of shares shown opposite his or her name. A child of mine may assign
     his or her right to exercise the option granted hereunder, in whole or in
     part, to: (i) any other of my descendants, (ii) a trust for the benefit of
     any one or more of my descendants;

                                      -1-
<PAGE>

     and (iii) a corporation or partnership, a majority of the value of which is
     owned (directly or indirectly through ownership in one or more corporations
     or partnerships) by any one or more of my descendants or by a trust for the
     benefit of any one or more of my descendants. Any exercise of an option
     hereunder must be for all the shares the optionee or assignee of an
     optionee is then entitled to purchase. The guardian or personal
     representative of a descendant of mine shall be eligible to exercise the
     option otherwise exercisable by a descendant of mine without a formal
     assignment. Written notice of an assignment allowed hereunder shall be
     lodged with the trust records.

     4. The price per share to be paid for an asset acquired by exercise of an
     option granted under paragraph 2 above shall be at the dollar price
     indicated for each option holder in the "Strike Price" column opposite his
     or her name in paragraph 3, above.

     5. The purchase price for an asset purchased pursuant to the option granted
     hereunder shall, at the option of the purchaser, be paid in cash at the
     closing, in-kind with shares of Class A common stock of Johnson Outdoors,
     Inc. (or any successor to its business), by an installment note of the
     purchaser payable in not more than fifteen annual installments (which, at
     the option of the purchaser, may be repaid as to principal, interest or
     both in cash, in-kind as described above or any combination of the two) or
     by a combination of the foregoing. Any installment note issued pursuant to
     the provisions of this paragraph 5 shall bear interest at the "applicable
     federal rate" compounded annually for such note determined under Internal
     Revenue Code Section 1274(d) or any successor provision ("applicable
     federal rate"), and shall be secured by the asset purchased or otherwise in
     an amount acceptable to the seller. Accrued interest on such note shall be
     payable annually.

     6. This option shall be binding on the trustee and upon each successor
     trustee. It is my intention that if, upon my death during the option
     period, assets described in paragraph 1 are allocated to one or more trusts
     for the benefit of my said wife, the option granted herein shall apply to
     option assets then held in such one or more trusts for the benefit of my
     said wife for an option acquired hereunder.

     Each child's consideration for an option acquired hereunder shall, at the
     option of the child, be paid in cash, in-kind with shares of Class A common
     stock of Johnson Outdoors, Inc. (or any successor to its business), by an
     installment note (which may be repaid, at the option of the child, in cash,
     in-kind as described above or any combination of the two), or by a
     combination of the foregoing, by each child within ten business days from
     the date of the execution of this Agreement. Any installment note issued
     pursuant to the provision of this paragraph 6 shall be for a term not to
     exceed eighteen months from the date of the execution of this Agreement and
     shall bear interest at the applicable federal rate compounded annually.
     Such interest shall not be payable until the due date of said note.

                                      -2-
<PAGE>

     7. This Agreement shall supercede all other option agreements entered into
     by the parties hereto prior to the date of the execution of this Agreement
     regarding the purchase of shares of Class A common stock of Johnson
     Outdoors, Inc. (or any successor to its business), including, without
     limitation, the two separate Option Agreements dated December 26, 1995 and
     June 27, 2003, respectively, between and among the parties hereto, but only
     to the extent that such agreement or agreements pertain to the option
     assets. This Agreement shall not supercede the other Option Agreements
     dated as of the date hereof related to the purchase of shares of Class A
     common stock of Johnson Outdoors, Inc. (or any successor to its business).

     9. This option agreement may be executed in one or more counterparts, which
     shall together constitute the entire agreement.



DATE: July 8, 2003             SAMUEL C. JOHNSON 1988 TRUST #1
     -------------
                               By: /s/ Samuel C. Johnson
                                  -----------------------------------------
                                       As its trustee


DATE: July 8, 2003             /s/ S. Curtis Johnson
     -------------             --------------------------------------------
                               S. Curtis Johnson


DATE: July 8, 2003             /s/ Helen Johnson-Leipold
     -------------             --------------------------------------------
                               Helen Johnson-Leipold


DATE: July 8, 2003             /s/ H. Fisk Johnson
     -------------             --------------------------------------------
                               H. Fisk Johnson


DATE: July 8, 2003             /s/ Winifred J. Marquart
     -------------             --------------------------------------------
                               Winifred J. Marquart



                                      -3-

</TEXT>
</DOCUMENT>
