EXHIBIT 10.2


July 6,
2007


	
  Dennis M. Lindahl

  	
   

  	
  BY E-MAIL

  
	
  180 East Fifth Street, Suite 1300

  	
   

  	
   

  
	
  Saint Paul, Minnesota 55101

  	
   

  	
   

  



 


Re:                               Second Amendment to Employment Agreement


Dear
Dennis:


This letter sets forth our agreement to modify the terms of your
current employment agreement (the “Employment Agreement”), entered into March
1, 2006 and amended January 24, 2007, between yourself (“Executive”) and Gander
Mountain Company (the “Company”).


1.                                       Section 9(b) of the Employment Agreement is hereby
amended by deleting the following text:


Notwithstanding anything to
the contrary contained in Section 9(a) of this Agreement above, if (x)
Executive voluntarily resigns his employment with the Company effective on or
before July 23, 2007, and (y) as of the effective date of such resignation by
Executive no circumstances exist that would constitute Cause (as defined
below), then the Company shall, subject to Sections 9(j) and 9(k) of this
Agreement and in addition to any base salary earned through the Termination
Date and any Annual Incentive Bonus earned but unpaid for the completed fiscal
year preceding the fiscal year in which the Termination Date occurs, pay to
Executive severance pay in such amounts set forth in Sections 9(b)(i) and
9(b)(ii) above.


and
replacing it with the following text:


Notwithstanding anything to the contrary contained
in Section 9(a) of this Agreement above, if (x) Executive voluntarily resigns
his employment with the Company effective on or before September 14, 2007, and
(y) as of the effective date of such resignation by Executive no circumstances
exist that would constitute Cause (as defined below), then the Company shall,
subject to Sections 9(j) and 9(k) of this Agreement and in addition to any base
salary earned through the Termination Date and any Annual Incentive Bonus
earned but unpaid for the completed fiscal year preceding the fiscal year in
which the Termination Date occurs, pay to Executive severance pay in such
amounts set forth in Sections 9(b)(i) and 9(b)(ii) above less all amounts
received for work performed between July 24, 2007 and the Termination Date.


2.                                       Section 12 of the Employment Agreement is
hereby amended by adding the following text at the end of the section:


The parties agree that
simultaneously with the execution of this letter by Executive, Executive shall
sign a release of claims in the form attached to this letter (the “Release”).  In the event that Executive does not sign the
Release or rescinds the Release as provided therein, this letter agreement
shall have no effect and the Employment Agreement will continue in accordance
with its terms without the effect of this letter.


3.                                       Other than as expressly amended by this
letter, the Employment Agreement shall continue in full force and effect as so
amended.











We thank you for your
continued contribution to the Company.


	
  

  	
  Best Regards,

  
	
   

  	
  GANDER MOUNTAIN COMPANY,

  
	
   

  	
  a Minnesota corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark R. Baker

  	
   

  	
   

  
	
   

  	
   

  	
  Mark R. Baker

  
	
   

  	
   

  	
  Chief Executive Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
  Agreed and acknowledged:

  	
   

  
	
   

  	
   

  
	
   

  
	
  /s/ Dennis M. Lindahl

  	
   

  
	
  Dennis M. Lindahl

  	
   

  
	
   

  	
   

  
	
  Date: July 10, 2007