Generac Holdings Inc – August 12, 2011 REVISED Russ Minick 2607 Crooked Creek Road Bloomington, IL 61705 Dear Russ, (November 14th, 2011)
We are pleased to confirm our offer to you for the position of Executive Advisor - Residential Products for Generac Power Systems, Inc ("Company"). On or before October 10, 2011 the Company will appoint you to Executive Vice President - Residential Products. Your office will be located at our corporate headquarters in Waukesha, WI and both positions described above will report to Aaron Jagdfeld, our President and CEO. The purpose of this letter is to give you an overview of the terms and conditions of your employment at Generac Power Systems, Inc.