Amendment to Employment Agreement between Generac Power Systems, Inc. and Dawn Tabat

Summary

This amendment, dated November 7, 2011, is between Generac Power Systems, Inc. and Dawn Tabat. It extends the term of Dawn Tabat's employment as Chief Operating Officer by changing the agreement's end date from the fifth to the sixth anniversary of the original agreement. All other terms of the original employment agreement remain unchanged.

EX-10.1 2 exhibit_10-1.htm EXHIBIT 10.1 exhibit_10-1.htm
Exhibit 10.1


AMENDMENT TO
EMPLOYMENT AGREEMENT
 
THIS AMENDMENT (“Amendment”) dated as of November 7, 2011, is entered into by and between Generac Power Systems, Inc. (the “Company”) and Dawn Tabat (“Executive”).
 
WHEREAS, the Company and the Executive are party to that certain Employment Agreement dated as of November 10, 2006 (the “Agreement”); and
 
WHEREAS, the Company desires that the Executive continue to serve as the Chief Operating Officer of the Company and the Executive desires to continue to serve the Company.
 
NOW, THEREFORE, in consideration of the mutual covenants herein contained, the Company and the Employee hereby amend the Agreement as follows:
 
              
1.  
Section 2 of the Agreement is hereby amended by changing “fifth anniversary” to “sixth anniversary” where the former appears in such Section.

2.  
All other provisions of the Agreement not specifically amended in this Amendment shall remain in full force and effect.
 
3.  
This Amendment may be executed in multiple counterparts, which, when taken together, shall constitute one instrument.
  
IN WITNESS WHEREOF, the Company has caused this Amendment to be executed on its behalf by its duly authorized officer and the Executive has executed this Amendment, as of the date first written above.
 
 
GENERAC POWER SYSTEMS, INC.
     
     
 
By:
/s/ Aaron Jagdfeld
 
Name:
 Aaron Jagdfeld
 
Title:
Chief Executive Officer
     
     
 
EXECUTIVE
     
     
 
By:
/s/ Dawn Tabat