EMPLOYMENT AGREEMENTEmployment Agreement • June 12th, 2012 • Global Power Equipment Group Inc. • Fabricated plate work (boiler shops) • Delaware
federal, state or local law or judicial decision); (f) claims arising under the Employee Retirement Income Security Act; and (g) any other statutory or common law claims related to Executive’s employment with the Company Group or the separation of Executive’s employment with the Company Group; provided, however, that nothing herein shall release the Company Group from (i) any obligation under the Employment Agreement; (ii) any obligation to provide benefit entitlements under any Company benefit or welfare plan that were vested as of the Separation Date; and (iii) from any rights or claims that relate to events or circumstances that occur after the date that the Executive executes this Release.
RETIREMENT AGREEMENTRetirement Agreement • June 12th, 2012 • Global Power Equipment Group Inc. • Fabricated plate work (boiler shops) • Ohio
with strategic advice with respect to any potential business acquisitions or divestitures, (f) participate in, and provide guidance with respect to, investor relations activities, and (g) provide reasonable assistance to the Company in litigation and regulatory matters that relate to events that occurred during Consultant’s period of employment with the Company. In connection therewith, Consultant shall make himself available (by telephone or otherwise) at reasonable times during normal business hours and on reasonable notice to consult with the Company’s Chief Executive Officer and Board of Directors; provided, however, that the Consulting Services rendered by Consultant during the Consulting Period shall not exceed 40 hours each calendar month. In addition, Consultant shall make himself available to travel within the United States (and internationally but only if the Executive consents to such travel) in connection with his services hereunder if reasonably requested by the Company’s
