BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES

2011ANNUAL REPORT ON FORM 10-K

EXHIBIT 10.11

AMENDED AND RESTATED

DEFERRED COMPENSATION PLAN FOR DIRECTORS

BRIGGS & STRATTON CORPORATION

DEFERRED COMPENSATION PLAN FOR DIRECTORS

AS AMENDED AND RESTATED

August 10, 2011

SECTION I

PURPOSE

SECTION II

DEFINITIONS

SECTION III

DEFERRAL ELECTION, MODIFICATION

AND TERMINATION PROCEDURES

SECTION IV

ANNUAL GRANT OF COMMON STOCK

SECTION V

ESTABLISHMENT AND ADMINISTRATION OF

DEFERRED DIRECTORS’ COMPENSATION ACCOUNTS

The Director shall elect to have any cash deferrals hereunder credited with earnings in accordance with Section 5.2 or 5.3 below.

As of the last day of each calendar quarter, the portion of the Participant’s Account for which the Participant has selected earnings to be credited pursuant to this Section 5.3 shall be adjusted as follows:

Compensation deferred into a Common Share Unit Account shall be credited to the Account on the same date as it would otherwise be payable to the Participant. Such Deferred Amounts shall be converted into a number of Common Share Units on the date credited to the Account by dividing the Deferred Amount by the Fair Market Value on such date. If Common Share Units exist in a Participant’s Account on a dividend record date for the Corporation’s common shares, Dividend Equivalents shall be credited to the Participant’s Account on the related dividend payment date, and shall be converted into the number of Common Share Units which could be purchased with the amount of Dividend Equivalents so credited.

Any Common Stock granted under Section IV shall be credited to the Account in shares on the same date as granted. If Common Stock exists in the Participant’s Account on a dividend record date for the Corporation’s common shares, Dividend Equivalents shall be credited to the Participant’s Account on the related dividend payment date, and shall be converted into the number of shares of Common Stock which could be purchased with the amount of Dividend Equivalents so credited.

In the event of any change in the Corporation’s common shares outstanding, by reason of any stock split or dividend, recapitalization, merger, consolidation, combination or exchange of stock or similar corporate change, the Secretary shall make such equitable adjustments, if any, by reason of any such change, deemed appropriate in the number of Common Share Units and/or Common Stock credited to each Participant’s Account.

The Corporation shall provide annual reports to each Participant showing (a) the value of the Account as of the most recent December 31^st, (b) the amount of deferral made by the Participant for the Plan Year ending on such date and (c) the amount of any investment gain or loss and the costs of administration credited or debited to the Participant’s Account.

SECTION VI

VESTING

SECTION VII

MANNER AND TIMING OF DISTRIBUTION

After a Participant’s Payment Event the Participant’s Account shall be paid to the Participant (or in the event of the Participant’s death, to the Participant’s Beneficiary). Payment shall be made in a Single Sum or Installments as specified in the Participant’s payment election pursuant to Section 7.2:

To the extent the Participant has a balance in the Fixed Rate Account, distribution will be made in cash. To the extent the Participant has a balance in Common Stock, distribution will be made in shares of Common Stock. To the extent the Participant has a balance in Common Share Units, the Participant may elect to receive distributions in cash or Common Stock; provided that any such distributions shall be subject to any necessary approvals under securities laws or exchange requirements. Notice of the election with respect to Common Share Units shall be delivered to the Secretary no more than 30 nor less than 10 days preceding the distribution, and, if a cash distribution has been elected, the amount of the distribution shall be determined by valuing units to be distributed at the Fair Market Value of Common Stock two business days preceding the distribution.

Common Stock granted prior to Plan Year 2012 shall be distributed on the Distribution Date following the Participant’s Separation from Service. Common Stock granted during or after Plan Year 2012 shall be distributed (i) one year after its grant date to Participants who meet the Corporation’s stock ownership guidelines as of November 30 preceding the stock grant date, (ii) on the Distribution Date following Separation from Service to Participants who do not meet the Corporation’s stock ownership guidelines as of November 30 preceding the stock grant date, or (iii) on the Distribution Date stated in the Participant’s payment election, if a Participant has elected to defer distribution beyond the dates stated above.

Notwithstanding any other provision of this Section VII, in the event this Plan fails to satisfy the requirements of Code Section 409A and regulations thereunder with respect to any Participant, there shall be distributed to such Participant as promptly as possible after the Board of Directors becomes aware of such fact of

noncompliance such portion of the Participant’s Account balance hereunder as is included in income as a result of the failure to comply, but no more. Any such distribution shall be taken on a pro rata basis from the Participant’s accounts herein.

Notwithstanding any other provision of this Section VII, payments shall be made from an account of a Participant in this Plan to such individual or individuals (other than the Participant) and at such times as are necessary to comply with a domestic relations order (as defined in Code Section 414(p)(1)(B)). Any such distribution shall be taken on a pro rata basis from the Participant’s accounts herein.

Notwithstanding any other provision of this Section VII, a Participant’s entire Account balance under this Plan and all other nonqualified deferred compensation plans of the account balance type sponsored by the Corporation and its affiliates shall automatically be distributed to the Participant on or before the later of December 31 of the calendar year in which occurs the Participant’s Separation from Service or the 15^th day of the third month following the Participant’s Separation from Service if the total amount in such Account balance at the time of distribution, when aggregated with all other amounts payable to the Participant under all arrangements benefiting the Participant described in Section 1.409A-1(c) or any successor thereto, do not exceed the amount described in Code Section 402(g)(1)(B). The foregoing lump sum payment shall be made automatically and any other distribution elections otherwise applicable with respect to the individual in the absence of this provision shall not apply.

SECTION VIII

DESIGNATION OF BENEFICIARY

SECTION IX

ADMINISTRATION OF PLAN

Full power and authority to construe, interpret and administer the Plan shall be vested in the Corporation’s Board of Directors. Decision of the Board shall be final, conclusive and binding upon all parties.

If a person to whom a benefit is payable is a minor or is otherwise incompetent by reason of a physical or mental disability, the Corporation may cause the payments due to such person to be made to another person for the first person’s benefit without any responsibility to see to the application of such payment. Such payments shall operate as a complete discharge of the obligations to such person under the Plan.

Except as otherwise provided by law, neither the Board of Directors, nor any member thereof, nor any director, officer or employee of the Corporation involved in the administration of the Plan shall be liable for any error of judgment, action or failure to act hereunder or for any good faith exercise of discretion, excepting only liability for gross negligence or willful misconduct. The Corporation shall hold harmless and defend any individual in the employment of the Corporation and any director of the Corporation against any claim, action or liability asserted against him in connection with any action or failure to act regarding the Plan, except as and to the extent that any such liability may be based upon the individual’s own gross negligence or willful misconduct. This indemnification shall not duplicate but may supplement any coverage available under any applicable insurance.

SECTION X

MISCELLANEOUS

The Corporation (through its Board of Directors or authorized officers or employees) reserves the right to alter or amend the Plan, or any part thereof, in such manner as it may determine, at any time and for any reason. Further, the Board of Directors of the Corporation reserves the right to terminate the Plan, at any time and for any reason. Notwithstanding the foregoing, in no event shall any amendment or termination deprive any Participant or Beneficiary of any amounts credited to him or her under this Plan as of the date of such amendment or termination; provided, however, that the Corporation may prospectively change the manner in which earnings are credited or discontinue the crediting of earnings and, further, the Corporation may make any amendment it deems necessary or desirable for purposes of compliance with the requirements of Code Section 409A and regulations thereunder.

If the Plan is amended to freeze benefit accruals, no additional contributions shall be credited to any Participant Account hereunder. Following such a freeze of benefit accruals, Participants’ Accounts shall be paid at such time and in such form as provided under Section VII of the Plan. If the Corporation terminates the Plan and if the termination is of the type described in regulations issued by the Internal Revenue Service pursuant to Code Section 409A, then the Corporation shall distribute the then existing Account balances of Participants and beneficiaries in a lump sum within the time period specified in such regulations and, following such distribution, there shall be no further obligation to any Participant or beneficiary under this Plan. However, if the termination is not of the type described in such regulations, then following Plan termination Participants’ Accounts shall be paid at such time and in such form as provided under Section VII of the plan.

This Plan shall be governed by the laws of the State of Wisconsin, except to the extent preempted by the provisions of ERISA or other applicable federal law.

Participation in the Plan shall not affect a Participant’s rights to participate in and receive benefits under any other plans of the Corporation, nor shall it affect the Participant’s rights under any other agreement entered into with the Corporation,

unless expressly provided otherwise by such plan or agreement. Any amount credited under or paid pursuant to this Plan shall not be treated as any type of compensation or otherwise taken into account in the determination of the Participant’s benefits under any other plans of the Corporation, unless expressly provided otherwise by such plan.

No Participant or Beneficiary shall have any right to commute, sell, assign, pledge, convey, or otherwise transfer any rights or claims to receive benefits hereunder, nor shall such rights or claims be subject to garnishment, attachment, execution or levy of any kind except to the extent otherwise required by law.

Neither participation in this Plan, nor the payment of any benefit hereunder, shall be construed as giving to a Participant any right to be retained in the service of the Corporation, or limiting in any way the right of the Corporation to terminate the Participant’s service at any time.

10.6 Assignability by Corporation.

The Corporation shall have the right to assign all of its right, title and obligation in and under this Plan upon a merger or consolidation in which the Corporation is not the surviving entity or to the purchaser of substantially its entire business or assets or the business or assets pertaining to a major product line, provided such assignee or purchaser assumes and agrees to perform after the effective date of such assignment all of the terms, conditions and provisions imposed by this Plan upon the Corporation. Upon such assignment, all of the rights, as well as all obligations, of the Corporation under this Plan shall thereupon cease and terminate.

The right of a Participant to receive payment hereunder shall be an unsecured claim against the general assets of the Corporation, and no provisions contained herein, nor any action taken hereunder shall be construed to give any individual at any time a security interest in any asset of the Corporation, of any affiliated corporation, or of the stockholders of the Corporation. The liabilities of the Corporation to a Participant hereunder shall be those of a debtor pursuant to such contractual obligations as are created hereunder and to the extent any person acquires a right to receive payment from the Corporation hereunder, such right shall be no greater than the right of any unsecured general creditor of the Corporation. The Corporation may establish a grantor trust (but shall not be required to do so) to which the Corporation may in its discretion contribute (subject to the claims of the general creditors of the Corporation) the amounts credited to the Account. If a grantor trust is so established, payment by the trust

of the amounts due the Participant or his Beneficiary hereunder shall be considered a payment by the Corporation for purposes of this Plan.

Any notice or filing required or permitted to be given to the Board of Directors hereunder shall be sufficient if in writing and hand-delivered, or sent by registered or certified mail, to the address below:

Secretary

Briggs & Stratton Corporation

P.O. Box 702

Milwaukee, WI 53201

Such notice shall be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for registration or certification.

Any notice or filing required or permitted to be given to a Participant hereunder shall be sufficient if in writing and hand-delivered, or sent by mail, to the last known address of the Participant.

Notwithstanding the usual rules required regarding distribution elections in Sections 7.1 and 7.2 and Exhibits D and E, on or before December 31, 2008 or, if earlier, the last day of the calendar year preceding the calendar year in which payments under an existing election are scheduled to commence, a Participant may elect an In-Service Payment Event Date and/or make an election as to distribution of his Account from among the choices described at Section 7.1 hereof without complying with the rules described in Section 7.2 hereof as long as the effect of the election is not to accelerate payments into 2006 or to defer payments which would otherwise have been made in 2006 and not to accelerate payments into 2007 or to defer payments which would otherwise have been made in 2007 and not to accelerate payments into 2008 or to defer payments which would other have been made in 2008. Such election shall become effective after the last day upon which it is permitted to be made. In order to change any distribution election after December 31, 2007, the requirements of Section 7.2 (b), (c), (d) and (e) hereof must be satisfied.

IN WITNESS WHEREOF, the Corporation has caused its duly authorized officer to execute this Plan document on its behalf this             day of December, 2008

EXHIBIT “A”

NOTICE OF ELECTION TO DEFER THE PAYMENT OF DIRECTORS’ COMPENSATION

Secretary

Briggs & Stratton Corporation

P.O. Box 702

Milwaukee, WI 53201

Deferred Compensation Plan For Directors

Pursuant to provisions of the above-referenced Plan, I hereby elect to have Compensation payable to me for services as a Director of Briggs & Stratton Corporation deferred in the manner specified below. It is understood and agreed that this election shall become effective upon the date specified in Section 3.1 of the Plan based upon the date of receipt of this Notice of Election by the Secretary of the Corporation. I understand that this election shall be irrevocable with respect to Compensation that has been deferred while this election is in effect. This election shall continue in effect for subsequent terms of office unless I shall modify or revoke it.

EXHIBIT “B”

NOTICE OF TERMINATION

Secretary

Briggs & Stratton Corporation

P.O. Box 702

Milwaukee, WI 53201

Deferred Compensation Plan For Directors

Pursuant to provisions of the above-referenced Plan, I hereby terminate my elective deferrals to the Plan effective for the Plan Year following receipt of this Notice of Termination by the Secretary of the Corporation.

EXHIBIT “C”

BENEFICIARY DESIGNATION

Secretary

Briggs & Stratton Corporation

P.O. Box 702

Milwaukee, WI 53201

Deferred Compensation Plan For Directors

Any amounts credited to my account in the above plan which remain unpaid at my death shall be paid to the following primary Beneficiary:

If the above-named primary Beneficiary shall predecease me, I designate the following persons as contingent Beneficiaries, in the order shown, to receive any such unpaid deferred fees:

This supersedes any previous Beneficiary designation made by me with respect to my account in the Plan. I reserve the right to change the Beneficiary in accordance with the terms of the Plan.

EXHIBIT “D”

DISTRIBUTION ELECTION

1. In Service Payment: I elect the following In Service Payment Event Date (no later than December 31 of the year in which I attain age 73):

                                 , 20    

I understand that this election of an In Service Payment Event Date does not apply to that portion of my Account attributable to Common Stock granted pursuant to Article IV of the Plan prior to Plan Year 2012 or granted during or after Plan Year 2012 to a Participant who does not meet the Corporation’s stock ownership guidelines as of November 30 preceding the stock grant date.

2. Distribution Date: My Distribution Date shall be the first day of                     (January, April, July or October) following the earlier of my In-Service Payment Event Date or Separation from Service.

3. Method of Payment:

Deferred account to be paid in:

Lump Sum, or

Annual Installments – Number of Years, (not to exceed 10).

I understand that I may change all or any part of the above election by filing a new Distribution Election Form applicable to amounts credited to my account in subsequent years or to my total account balance. However, if applicable to my total account balance, such new Distribution Election will be effective only if filed at least one (1) year before the earlier of the above specified In-Service Payment Event Date or my date of Separation from Service and, further, if effective, such new election may result in a delay of commencement of payment until the date which is five (5) years subsequent to the date payment would otherwise have commenced in the absence of filing such new election.

EXHIBIT “E”

REVISED DISTRIBUTION ELECTION

1. In Service Payment: I elect the following In Service Payment Event Date (no later than December 31 of the year in which I attain age 73):

                             , 20    

I understand that this election of an In Service Payment Even Date does not apply to that portion of my Account attributable to Common Stock granted pursuant to Article IV of the Plan prior to Plan Year 2012 or granted during or after Plan Year 2012 to a Participant who does not meet the Corporation’s stock ownership guidelines as of November 30 preceding the stock grant date.

2. Distribution Date: My Distribution Date shall be the first day of                     (January, April, July or October) following the earlier of my In-Service Payment Event Date or Separation from Service.

3. Method of Payment:

Deferred account to be paid in:

Lump Sum, or

Annual Installments – Number of Years, (not to exceed 10).

Prospectively Effective or Applicable to Total Balance:

            I wish to have this election apply only to amounts credited to the Plan on my behalf in subsequent years.

            I wish to have this election apply to my total account balance.

EXHIBIT “F”

BRIGGS & STRATTON CORPORATION

DEFERRED COMPENSATION PLAN FOR DIRECTORS

NOTICE OF ELECTION

DISTRIBUTION OF ACCOUNT BALANCE IN

BRIGGS & STRATTON COMMON SHARE UNITS

I understand that pursuant to the terms of the Briggs & Stratton Corporation Deferred Compensation Plan for Directors I may elect to receive any balance in my account recorded in Briggs & Stratton Corporation Common Share Units (Common Share Units) in cash or shares of Briggs & Stratton common stock.

I hereby elect that any Common Share Units in my account be paid out to me at the time of distribution in the following form:

                    Cash

                    Briggs & Stratton common stock