Attached files
file | filename |
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10-K - FORM 10-K - GENERAC HOLDINGS INC. | gnrc20171231_10k.htm |
EX-32.2 - EXHIBIT 32.2 - GENERAC HOLDINGS INC. | ex_105081.htm |
EX-32.1 - EXHIBIT 32.1 - GENERAC HOLDINGS INC. | ex_105080.htm |
EX-31.2 - EXHIBIT 31.2 - GENERAC HOLDINGS INC. | ex_105079.htm |
EX-31.1 - EXHIBIT 31.1 - GENERAC HOLDINGS INC. | ex_105078.htm |
EX-23.2 - EXHIBIT 23.2 - GENERAC HOLDINGS INC. | ex_105077.htm |
EX-23.1 - EXHIBIT 23.1 - GENERAC HOLDINGS INC. | ex_105076.htm |
EX-21.1 - EXHIBIT 21.1 - GENERAC HOLDINGS INC. | ex_105075.htm |
Exhibit 10.27
Summary of Employment Arrangement with Jeffrey Mueller, President / General Manager – Consumer Power
1. Term – Employment at will, beginning November 13, 2017
2. Compensation - $370,000 annually. Salary is eligible for review in 2019 in accordance with Generac’s normal policies.
3. Executive Management Incentive Program (EMIP) – Employee is eligible to participate in the EMIP with target bonus of 50% of salary and opportunity to earn up to 125% of base salary annually.
4. Long-Term Incentive Compensation (LTIP) – Employee is eligible to participate in Generac’s LTIP.
5. Sign-On Equity Grant – On November 13, 2017, employee received an aggregate amount of $500,000 of Company common stock determined by fair market value at time of grant. All shares are subject to the Company’s Equity Incentive Plan.
6. Benefits – Employee is eligible for the Generac benefits plan on the same terms as other employees.
7. Vacation – Vacation will accrue in accordance with the Company's practices.
8. Relocation – Moving expenses, temporary living accommodations and associated fees covered.