<PAGE>

                                                                   Exhibit 10.15

                              EMPLOYMENT AGREEMENT

         This EMPLOYMENT AGREEMENT (this "Agreement") is dated as of May 1, 2002
(the "Effective Date"), by and among Global Power Equipment Group Inc., a
Delaware corporation ("Holdings"), Braden Manufacturing, L.L.C., a Delaware
limited liability company (the "Company"), and Gene F. Schockemoehl (the
"Executive"). Capitalized terms used but not otherwise defined herein shall have
the respective meanings assigned to such terms in Section 1 of this Agreement.

         WHEREAS, Holdings, the Company and the Executive desire to enter into
an agreement regarding the employment by the Company of the Executive effective
as of the Effective Date, which agreement shall supersede the Executive's
current Employment Agreement, dated as of August 1, 2000, among Holdings (as
successor by merger to GEEG Holdings, L.L.C., a Delaware limited liability
company (the "Predecessor Company")), the Company and the Executive (the "Old
Employment Agreement"); and

         WHEREAS, the Company is a wholly owned subsidiary of Holdings; and

         WHEREAS, the Executive is entrusted with knowledge of the particular
business methods of Holdings and the Company and is trained and instructed in
the particular operation methods of Holdings and the Company, and the
relationship among Holdings, the Company and the Executive is one in which
Holdings and the Company places special trust and confidence in the Executive.

         NOW, THEREFORE, in consideration of employment and in further
consideration of these mutual covenants and agreements, the parties hereto, each
intending to be bound, covenant and agree as follows:

         1. Definitions. As used herein, the following terms shall have the
following meanings:

                  "Additional Employment Term" has the meaning set forth in
         Section 2(d)(i) of this Agreement.

                  "Affiliate" means, when used with reference to a specified
         Person, any Person that directly or indirectly controls or is
         controlled by or is under common control with the specified Person. As
         used in this definition, "control" (including, with its correlative
         meanings, "controlled by" and "under common control with") shall mean
         possession, directly or indirectly, of power to direct or cause the
         direction of management or policies (whether through ownership of
         securities or partnership or other ownership interests, by contract or
         otherwise). With respect to any Person who is an individual,
         "Affiliates" shall also include, without limitation, any member of such
         individual's Family Group.

                  "Base Salary" has the meaning set forth in Section 2(c)(i) of
         this Agreement.
<PAGE>
                  "Benefits" has the meaning set forth in Section 2(c)(ii) of
         this Agreement.

                  "Board" means Holdings' Board of Directors.

                  "Bonus" means awards under the MIC Plan or a New MIC Plan.

                  "Bonus Year" means an annual bonus period under the MIC Plan
         or a New MIC Plan.

                  "Businesses" has the meaning set forth in Section 5(a) of this
         Agreement.

                  "Cause" means the occurrence of any one of the following as
         determined by the Board: (i) a material breach of the Executive's
         covenants under Section 4 or Section 5 of this Agreement; (ii) the
         commission by the Executive of a felony, or any crime involving theft,
         dishonesty or moral turpitude; (iii) the commission by the Executive of
         act(s) or omission(s) which are willful and deliberate acts intended to
         harm or injure the business, operations, financial condition or
         reputation of Holdings or the Company or any Affiliate of Holdings or
         the Company; (iv) the Executive's disregard of the directives of the
         Board; (v) the Executive's drunkenness or use of drugs which interferes
         with the performance of the Executive's duties under this Agreement,
         which drunkenness or use of drugs continues after receipt of notice to
         the Executive from the Company of his violation of this provision; or
         (vi) any attempt by the Executive to secure any personal profit in
         connection with the business of the Company unless given prior written
         approval by unanimous consent of the Board.

                  "Confidential Information" has the meaning set forth in
         Section 4(a)(i) of this Agreement.

                  "Disability" means the inability, due to illness, accident,
         injury, physical or mental incapacity or other disability, of the
         Executive to carry out effectively his duties and obligations to the
         Company or to participate effectively and actively in the management of
         the Company for a period of at least 90 consecutive days or for shorter
         periods aggregating at least 150 days (whether or not consecutive)
         during any twelve-month period, as determined in the judgment of the
         Board.

                  "Effective Date" means May 1, 2002.

                  "Employment Period" has the meaning set forth in Section
         2(d)(ii) of this Agreement.

                  "Employment Term" has the meaning set forth in Section 2(d)(i)
         of this Agreement.

                  "Family Group" means, with respect to any Person who is an
         individual: (i) such Person's spouse, former spouse and descendants
         (whether natural or adopted), parents and

                                       2
<PAGE>
         their descendants and any spouse of the foregoing persons
         (collectively, "relatives") or (ii) the trustee, fiduciary or personal
         representative of such Person and any trust solely for the benefit of
         such Person and/or such Person's relatives.

                  "Geographical Area" has the meaning set forth in Section 5(a)
         of this Agreement.

                  "Good Reason" for resignation by the Executive means his
         resignation because of: (i) a reduction in the annual base salary of
         the Executive, a material reduction in the employee benefits granted to
         the Executive, or a reduction in the Executive's percentage
         participation in the MIC Plan prior to the approval and adoption of a
         New MIC Plan or a reduction in the Executive's percentage participation
         in any New MIC Plan from the percentage previously awarded to the
         Executive if and when a New MIC Plan is approved and adopted, (ii) a
         material modification to the MIC Plan as in effect on the date hereof
         which adversely affects the determination of the Executive's bonus with
         respect to the 2002 calendar year or thereafter if the MIC Plan
         continues to be in effect for any calendar year after the 2002 calendar
         year unless such modification is generally applicable to all
         participants in the MIC Plan and such modification has been approved by
         (x) if the Board has less than three Management Board Members, then all
         such Management Board Members or (y) if the Board has three or more
         Management Board Members, then any two of such Management Board
         Members, (iii) a material modification to a New MIC Plan, which
         modification adversely affects the determination of the Executive's
         bonus for any calendar year for which such New MIC Plan is applicable,
         unless such modification is generally applicable to all participants in
         the New MIC Plan and such modification has been approved by (x) if the
         Board has less than three Management Board Members, then all such
         Management Board Members or (y) if the Board has three or more
         Management Board Members, then any two of such Management Board
         Members, (iv) a requirement that the Executive be based at any office
         or location more than 50 miles from Tulsa, Oklahoma, (v) a removal of
         the Executive as President of the Company or as a Senior Vice President
         of Holdings by action of the Board, or (vi) an assignment, by action of
         the Board, to the Executive of any duties and responsibilities that are
         substantially inconsistent with or materially diminish the Executive's
         position, in each case, other than with the consent of the Executive.

                  "Initial Employment Period" has the meaning set forth in
         Section 2(d)(i) of this Agreement.

                  "Management Board Member" means any member of the Board who is
         also a full-time employee of Holdings or any of its Subsidiaries.

                  "MIC Plan" means Holdings' and its Subsidiaries' Management
         Incentive Compensation Plan for the 2002 calendar year and thereafter
         until a New MIC Plan is approved and adopted.

                  "New MIC Plan" means Holdings' and its Subsidiaries'
         Management Incentive Compensation Plan approved and adopted by the
         Board to be effective for any calendar year after 2002.

                                       3
<PAGE>
                  "Noncompete Period" has the meaning set forth in Section 5(a)
         of this Agreement.

                  "Old Employment Agreement" has the meaning set forth in the
         first WHEREAS clause of this Agreement.

                  "Person" means an individual, a partnership, a corporation, an
         association, a limited liability company, a joint stock company, a
         trust, a joint venture, an unincorporated organization or a
         governmental entity or any department, agency or political subdivision
         thereof.

                  "Post-Termination Period" has the meaning set forth in Section
         5(a) of this Agreement.

                  "Predecessor Company" means GEEG Holdings, L.L.C.

                  "Subsidiary" means, with respect to any Person, any
         corporation, partnership, limited liability company, association or
         other business entity of which (i) if a corporation, a majority of the
         total voting power of shares of stock entitled (without regard to the
         occurrence of any contingency) to vote in the election of directors
         thereof is at the time owned or controlled, directly or indirectly, by
         that Person or one or more of the other Subsidiaries of that Person or
         a combination thereof, or (ii) if a partnership, limited liability
         company, association or other business entity, a majority of the
         partnership or other similar ownership interest thereof is at the time
         owned or controlled, directly or indirectly, by any Person or one or
         more Subsidiaries of that Person or a combination thereof. For purposes
         hereof, a Person or Persons shall be deemed to have a majority
         ownership interest in a partnership, limited liability company,
         association or other business entity if such Person or Persons shall be
         allocated a majority of partnership, limited liability company,
         association or other business entity gains or losses or shall be or
         control the managing director, manager or a general partner of such
         partnership, limited liability company, association or other business
         entity.

                  "Termination Date" means the date that the Executive ceases to
         be employed by Holdings or any of its Subsidiaries for any reason.

                  "Work Product" has the meaning set forth in Section 3 of this
         Agreement.

         2. Employment.

                  (a) Employment. The Company agrees to employ the Executive,
         and the Executive hereby accepts employment with the Company, upon the
         terms and conditions set forth in this Agreement for the Employment
         Period (as herein defined).

                  (b) Positions and Duties.

                                       4
<PAGE>
                           (i) Commencing on the date hereof and continuing
                  during the Employment Period, the Executive shall serve as an
                  employee and the President of the Company under the
                  supervision and direction of the Board and shall have the
                  normal duties, responsibilities and authority of a President
                  of a corporation and such other duties as shall be assigned to
                  the Executive by the Board from time to time. In addition, the
                  Executive shall serve as a Senior Vice President of Holdings
                  under the supervision and direction of the Board and shall
                  have the normal duties, responsibilities, and authority of a
                  Senior Vice President of a corporation.

                           (ii) The Executive shall devote his best efforts and
                  his full business time and attention (except for permitted
                  vacation periods and reasonable periods of illness or other
                  incapacity which does not constitute Disability) to the
                  business and affairs of the Company. The Executive shall
                  perform his duties and responsibilities to the best of his
                  abilities in a diligent, trustworthy, businesslike and
                  efficient manner. The foregoing shall not preclude the
                  Executive from devoting reasonable time to civic and
                  charitable affairs and with the consent of the Board serving
                  on a maximum of two boards of for-profit entities other than
                  the Board or the board of directors of any Subsidiary of
                  Holdings, provided that such activities do not interfere in
                  any material respect with the performance of his duties
                  hereunder. The Executive shall perform all services in
                  accordance with the policies, procedures and rules established
                  by Holdings or the Company. In addition, the Executive shall
                  comply with all laws, rules and regulations that are generally
                  applicable to Holdings, its Subsidiaries and their employees,
                  directors and officers.

                  (c) Base Salary and Benefits.

                           (i) Base Salary. During the Employment Period, the
                  Executive's base salary shall be in an amount set by the
                  Board, but under no circumstances will be less than $210,000
                  per annum (the "Base Salary"), which salary shall be paid by
                  the Company in regular installments in accordance with the
                  Company's general payroll practices and shall be subject to
                  customary withholding. On an annual basis, the Board shall
                  review and determine the appropriateness of an increase in the
                  Base Salary as in effect as of the date of such review.

                           (ii) Benefits. During the Employment Period, in
                  addition to the Base Salary payable to the Executive pursuant
                  to Section 2(c)(i) hereof, the Executive shall be entitled to
                  participate in the following employee benefit programs, plans
                  and policies (collectively, the "Benefits"):

                                    (A) The employee benefit programs
                           (including, but not limited to, option plans and
                           benefit programs which provide group pension, life
                           and health insurance and other medical benefits) that
                           Holdings and the Company, with the approval of the
                           Board, now or hereafter makes available generally to
                           its management as well as the employee benefits

                                       5
<PAGE>
                           listed on Exhibit A hereto; provided that any awards
                           under any option plans shall be set by the Board, in
                           its sole discretion;

                                    (B) During calendar year 2002 and
                           thereafter, the MIC Plan or any New MIC Plan, with
                           any awards thereunder to be set by the Board at a
                           level of no less than a 55% target bonus (with the
                           actual bonus ranging from 0% to 200% of such target),
                           it being understood and agreed that if the MIC Plan
                           or a New MIC Plan is not in place during any calendar
                           year, the Executive will have substantially the same
                           bonus opportunities as existed under the MIC Plan or
                           a New MIC Plan during the prior calendar year;

                                    (C) Holdings' Leased Automobile Policy
                           (including without limitation payment or
                           reimbursement of fuel expenses, maintenance expenses
                           and license tag fees); and

                                    (D) Holdings' Club Membership Policy
                           (including without limitation payment of the monthly
                           fees of a dinner club located in Oklahoma of the
                           Executive's choice).

                           (iii) Expenses. The Company shall reimburse the
                  Executive for all reasonable and necessary business expenses
                  incurred by the Executive in performing his duties under this
                  Agreement which are consistent with the Company's policies in
                  effect from time to time with respect to travel, entertainment
                  and other business expenses subject to the Company's receipt
                  of supporting documentation in accordance with the Company's
                  customary reporting and documentation provisions.

                  (d) Term.

                           (i) This Agreement is an employment contract for a
                  term of two (2) years beginning as of the Effective Date and
                  ending on the second anniversary of the Effective Date (the
                  "Initial Employment Term"). At the end of the Initial
                  Employment Term, and at the end of each Additional Employment
                  Term (as herein defined), unless the Company (with the
                  approval of the Board) has provided the Executive with at
                  least sixty (60) days advance written notice, so long as the
                  Executive continues to be employed by the Company, this
                  employment contract shall automatically renew for a term of
                  one (1) year (each such additional term, an "Additional
                  Employment Term"). The Initial Employment Term and each
                  Additional Employment Term shall be referred to herein as an
                  "Employment Term." Notwithstanding the foregoing, each
                  Employment Term is subject to early termination (x) by reason
                  of the Executive's death or Disability, (y) by resolution of
                  the Board with or without Cause, or (z) upon the Executive's
                  voluntary resignation with or without Good Reason. For all
                  purposes under this Agreement, a delivery of a notice by the
                  Company to the Executive pursuant to this Section 2(d)(i) to
                  avoid an Additional Employment

                                       6
<PAGE>
                  Term shall be treated as if an Employment Term has been
                  terminated early by resolution of the Board without Cause.

                           (ii) The period of the Initial Employment Term
                  together with each Additional Employment Term, if any, shall
                  be referred to herein as the "Employment Period."
                  Notwithstanding any termination of the Executive's employment
                  by the Company (such termination, an "Employment
                  Termination"), this Agreement shall remain a valid and
                  enforceable contract between the parties, including without
                  limitation Sections 3, 4 and 5 hereof.

                  (e) Employment Termination.

                           (i) If any Employment Term is terminated early by
                  resolution of the Board with Cause or by reason of the
                  Executive's voluntary resignation without Good Reason, then
                  the Executive shall be entitled to receive only all previously
                  earned and accrued but unpaid Base Salary and vacation time up
                  to the date of the Employment Termination (and not any accrued
                  but unpaid Bonus as of the date of the Employment
                  Termination).

                           (ii) If any Employment Term is terminated early by
                  reason of the Executive's death or Disability, then the
                  Executive shall be entitled to receive only (x) all previously
                  earned and accrued but unpaid Base Salary and vacation time up
                  to the date of the Employment Termination, (y) if the date of
                  the Employment Termination is 3 months after the commencement
                  of a Bonus Year, then a portion of the Bonus earned by the
                  Executive during such Bonus Year in which such termination
                  occurs determined on a pro rated basis based on the number of
                  days of the applicable Bonus Year prior to the date of the
                  Employment Termination as compared to the number of days in
                  such Bonus Year, which payment will be made when such Bonus
                  for such Bonus Year would otherwise be payable and (z) any
                  Bonus earned by the Executive during any Bonus Year which
                  ended prior to the date of the Employment Termination and
                  which has not been paid as of such date, which payment will be
                  made when such Bonus for such Bonus Year would otherwise be
                  payable.

                           (iii) If any Employment Term is terminated early by
                  reason of the Executive's voluntary resignation with Good
                  Reason or by resolution of the Board without Cause, then,
                  subject to the last sentence of this section (iii), the
                  Executive shall be entitled to receive only the following: (v)
                  all previously earned and accrued but unpaid Base Salary and
                  vacation time up to the date of the Employment Termination,
                  (w) his Base Salary and the Benefits marked on Exhibit A with
                  an "#" for the twelve-month period beginning on the date of
                  the Employment Termination; provided, however, that such
                  twelve-month period shall be extended until the date on which
                  the Initial Employment Term would have ended if more than
                  twelve months remained in the Initial Employment Term on the
                  date of the Employment Termination; provided, further, that in
                  lieu of providing such benefits, the Company may elect to pay
                  to the Executive the cost

                                       7
<PAGE>
                  of premiums for such benefits, (x) the Benefits referred to in
                  Section 2(c)(ii)(C) hereof for the three-month period
                  beginning on the date of the Employment Termination, (y) if
                  the date of the Employment Termination is 3 months after the
                  commencement of a Bonus Year, then a portion of the Bonus
                  earned by the Executive during such Bonus Year in which such
                  termination occurs determined on a pro rated basis based on
                  the number of days of the applicable Bonus Year prior to the
                  date of the Employment Termination as compared to the number
                  of days in such Bonus Year, which payment will be made when
                  such Bonus for such Bonus Year would otherwise be payable and
                  (z) any Bonus earned by the Executive during any Bonus Year
                  which ended prior to the date of the Employment Termination
                  and which has not been paid as of such date, which payment
                  will be made when such Bonus for such Bonus Year would
                  otherwise be payable. Notwithstanding these payments or
                  benefits, the period for which the Executive is entitled to
                  health care continuation coverage under Section 4980B of the
                  Internal Revenue Code of 1986, as amended, shall begin to run
                  on the date of the Executive's termination. As a condition to
                  receiving any payments pursuant to this section 2(e)(iii), the
                  Executive shall execute and deliver to the Company a general
                  release (with ancillary covenants not to sue and other similar
                  standard provisions) of Holdings and its Affiliates and their
                  respective officers, directors and employees from all claims
                  of any kind whatsoever arising out of the Executive's
                  employment or termination thereof (including without
                  limitation, civil rights claims), in such form as reasonably
                  requested by the Company; provided, however, that the release
                  will not affect any contractual rights the Executive may
                  otherwise have under any stock option plans of Holdings or
                  option agreements thereunder; and provided further that the
                  release shall not apply to any rights to which the Executive
                  is entitled in accordance with plan provisions under any
                  employee benefit plan or fringe benefit plan or program of
                  Holdings or the Company and its Affiliates.

                           (iv) Except as expressly provided in this Section
                  2(e), the Executive hereby agrees that upon and after the
                  Employment Termination, no severance compensation of any kind,
                  nature or amount (including by operation of law) shall be
                  payable by Holdings, the Company or any of their respective
                  Subsidiaries or Affiliates to the Executive and the Executive
                  hereby irrevocably waives any claim for severance compensation
                  of any kind, nature or amount (including by operation of law).

                           (v) Except as expressly provided in this Section
                  2(e), upon the Employment Termination, except as required by
                  law, all of the Executive's rights to Benefits hereunder (if
                  any) shall cease.

                           (vi) Subject to restrictive covenants contained in
                  Section 5 hereof, the Executive may obtain other engagements
                  or employment after the date of an Employment Termination, and
                  any compensation received or receivable by the Executive shall
                  not reduce any amounts which the Company is required to pay to
                  the Executive pursuant to this Agreement.

                                       8
<PAGE>
         3. Work Product. The Executive agrees that all inventions, drawings,
improvements, developments, methods, processes, programs, designs and all
similar or related information which relates to Holdings' or any of its
Subsidiaries' actual or anticipated business or research and development or
existing or future products or services and which are conceived, developed,
contributed to or made by the Executive (either solely or jointly with others)
while employed by Holdings or any of its Subsidiaries ("Work Product") shall be
the sole and exclusive property of Holdings or any such Subsidiary. The
Executive will promptly disclose such Work Product to Holdings and perform all
actions requested by Holdings (whether during or after employment) to establish
and confirm such ownership (including, without limitation, assignments,
consents, powers of attorney and other instruments).

         4. Confidential Information.

                  (a) The Executive acknowledges:

                           (i) That the Work Product, artificial intelligence
                  systems, information, customer lists, goodwill, observations
                  and data disclosed to, developed by or obtained by him while
                  employed by Holdings or any of its Subsidiaries concerning the
                  business or affairs of Holdings or any such Subsidiary
                  (including without limitation Holdings' and its Subsidiaries'
                  technology, methods of doing business and supplier and
                  customer information) (collectively, "Confidential
                  Information") are highly confidential and uniquely valuable to
                  Holdings and its Subsidiaries;

                           (ii) That such Confidential Information is and shall
                  continue to be the property of Holdings or any such
                  Subsidiary;

                           (iii) That Holdings and each of its Subsidiaries has
                  a proprietary interest in their respective Confidential
                  Information, including without limitation the identity of
                  their respective customers and suppliers, solicited customers,
                  customer and supplier lists;

                           (iv) That the continued success of Holdings and its
                  Subsidiaries depends in large part on keeping the Confidential
                  Information from becoming known to competitors of Holdings and
                  its Subsidiaries; and

                           (v) That Holdings and its Subsidiaries will be
                  irreparably harmed by disclosure of any Confidential
                  Information.

                  (b) Therefore, the Executive agrees:

                           (i) That, during his employment and for all times
                  thereafter, except as required by law or court order, he shall
                  not directly or indirectly disclose to any unauthorized person
                  or use for his own account any Confidential Information
                  without the prior written consent of Holdings, unless and to
                  the extent that the

                                       9
<PAGE>
                  aforementioned matters become generally known to and available
                  for use by the public other than as a result of the
                  Executive's acts or omissions to act;

                           (ii) To use his best efforts and diligence to
                  safeguard the Confidential Information and to protect it
                  against disclosure, misuse, espionage, loss or theft;

                           (iii) That upon the Employment Termination or at any
                  other time Holdings may request, for whatever reason, the
                  Executive shall deliver (and in the event of the Executive's
                  death or Disability, his representative shall deliver) to
                  Holdings all computer equipment or backup files of or relating
                  to Holdings and its Subsidiaries, all memoranda,
                  correspondence, customer data, notes, plans, records, reports,
                  manuals, photographs, computer tapes and software and other
                  documents and data (and copies thereof) relating to the
                  Confidential Information, the Work Product or the business of
                  Holdings or any of its Subsidiaries which he may then possess
                  or have under his control. If Holdings requests, the Executive
                  (or his representative) agrees to provide written confirmation
                  that the Executive has returned all such materials to Holdings
                  or one of its Subsidiaries; and

                           (iv) That upon the Employment Termination or at any
                  other time Holdings may request, for whatever reason, the
                  Executive shall assign all rights, title and interest in the
                  Confidential Information, the Work Product, all computer
                  equipment or backup files of or relating to Holdings or any of
                  its Subsidiaries, all memoranda, correspondence, customer
                  data, notes, plans, records, reports, manuals, photographs,
                  computer tapes and software and other documents and data (and
                  copies thereof) relating to the Confidential Information, the
                  Work Product or the business of Holdings or any of its
                  Subsidiaries which the Executive may then possess, has under
                  his control, or has ever developed, obtained, or contributed
                  to during his tenure with Holdings.

         5. Noncompete, Nonsolicitation.

                  (a) The Executive agrees that, during the time he is employed
         by Holdings or any of its Subsidiaries and during any applicable
         Post-Termination Period (as herein defined) (the "Noncompete Period"),
         he shall not directly or indirectly own, operate, manage, control,
         participate in, consult with, advise, provide services for, or in any
         manner engage in any business (including by himself or in association
         with any person, firm, corporate or other business organization or
         through any other entity) in competition with, or potential competition
         with, the businesses of Holdings or any of its Subsidiaries as such
         businesses (the "Businesses") exist during the Executive's employment
         by the Company, within the United States or any other geographical area
         in which Holdings or any of its Subsidiaries engages or plans to engage
         in the Businesses (the "Geographical Area"). Nothing herein shall
         prohibit the Executive from being a passive owner of not more than 2%
         of the outstanding stock of a corporation which is publicly traded, so
         long as the Executive has no active participation in the business of
         such corporation. For purposes of this Section 5, "Post-Termination
         Period" means the twelve (12) month period beginning on the Termination
         Date.

                                       10
<PAGE>
                  (b) During the Noncompete Period, the Executive shall not
         directly or indirectly through another entity (i) induce or attempt to
         induce any employee of Holdings or any of its Subsidiaries to leave the
         employ of Holdings or any such Subsidiary, or in any way interfere with
         the relationship between Holdings or any of its Subsidiaries and any
         employee thereof, including without limitation, inducing or attempting
         to induce any union, employee or group of employees to interfere with
         the business or operations of Holdings or any of its Subsidiaries, (ii)
         hire any person who was an employee of Holdings or any of its
         Subsidiaries at any time during the Executive's employment period, or
         (iii) induce or attempt to induce any customer, supplier, distributor,
         franchisee, licensee or other business relation of Holdings or any of
         its Subsidiaries to cease doing business with Holdings or any such
         Subsidiary, or in any way interfere with the relationship between any
         such customer, supplier, distributor, franchisee, licensee or business
         relation and Holdings or any of its Subsidiaries.

                  (c) The Executive agrees that: (i) the covenants set forth in
         this Section 5 are reasonable in geographical and temporal scope and in
         all other respects, (ii) Holdings and the Company would not have
         entered into this Agreement but for the covenants of the Executive
         contained herein, and (iii) the covenants contained herein have been
         made in order to induce Holdings and the Company to enter into this
         Agreement.

                  (d) If, at the time of enforcement of this Section 5, a court
         shall hold that the duration, scope or area restrictions stated herein
         are unreasonable under circumstances then existing, the parties agree
         that the maximum duration, scope or area reasonable under such
         circumstances shall be substituted for the stated duration, scope or
         area and that the court shall be allowed to revise the restrictions
         contained herein to cover the maximum period, scope and area permitted
         by law.

                  (e) The Executive recognizes and affirms that in the event of
         his breach of any provision of this Section 5, money damages would be
         inadequate and Holdings and the Company would have no adequate remedy
         at law. Accordingly, the Executive agrees that in the event of a breach
         or a threatened breach by the Executive of any of the provisions of
         this Section 5, Holdings and the Company, in addition and supplementary
         to other rights and remedies existing in its favor, may apply to any
         court of law or equity of competent jurisdiction for specific
         performance and/or injunctive or other relief in order to enforce or
         prevent any violations of the provisions hereof (without posting a bond
         or other security).

         6. Notices. All notices, demands or other communications to be given or
delivered under or by reason of the provisions of this Agreement shall be in
writing and delivered personally, mailed by certified or registered mail, return
receipt requested and postage prepaid, sent via a nationally recognized
overnight courier, charges prepaid, or sent via facsimile. Such notices, demands
and other communications will be sent to the address indicated below:

                                       11
<PAGE>
                  To Holdings or the Company:

                           Global Power Equipment Group Inc.
                           6120 South Yale, Suite 1480
                           Tulsa, OK  74136
                           Attention:  Secretary
                           Facsimile No.:  (918) 274-2367

                  To the Executive:

                           at the Executive's last address or facsimile
                           number on the records of the Company

or such other address or to the attention of such other Person as the recipient
party shall have specified by prior written notice to the sending party;
provided, that the failure to deliver copies of notices as indicated above shall
not affect the validity of any notice. Any such notice, demand or other
communication shall be deemed to have been received (i) when delivered, if
personally delivered, or sent by nationally-recognized overnight courier or sent
via facsimile or (ii) on the third business day following the date on which the
piece of mail containing such notice, demand or other communication is posted if
sent by certified or registered mail.

         7. Miscellaneous.

                  (a) Warranty by the Executive. The Executive represents and
         warrants to Holdings and the Company that he is not a party to any
         agreement containing a noncompetition provision or other restriction
         with respect to (i) the nature of any services or business which he is
         entitled to perform or conduct for Holdings or the Company under this
         Agreement, or (ii) the disclosure or use of any information which
         directly or indirectly relates to the nature of the business of
         Holdings or any of its Subsidiaries or the services to be rendered by
         the Executive under this Agreement.

                  (b) Severability. If any provision or clause of this
         Agreement, or portion thereof shall be held by any court or other
         tribunal of competent jurisdiction to be illegal, invalid, or
         unenforceable in such jurisdiction, the remainder of such provision
         shall not be thereby affected and shall be given full effect, without
         regard to the invalid portion. It is the intention of the parties that,
         if any court construes any provision or clause of this Agreement, or
         any portion thereof, to be illegal, void or unenforceable because of
         the duration of such provision or the area matter covered thereby, such
         court shall reduce the duration, area, or matter of such provision,
         and, in its reduced form, such provision shall then be enforceable and
         shall be enforced.

                  (c) Complete Agreement. This Agreement shall embody the
         complete agreement and understanding among the Executive, Holdings
         and/or any of its Subsidiaries and supersedes and preempts any prior
         understandings, agreements or representations by or among such parties,
         written or oral, which may have related to the subject matter hereof in
         any way, including, but not limited to, the Old Employment

                                       12
<PAGE>
         Agreement. This Agreement does not supersede any agreements evidencing
         the grant of options to the Executive under Holdings' 2000 Option Plan,
         Holdings' 2001 Option Plan or any future option plan of Holdings.

                  (d) Counterparts. This Agreement may be executed in separate
         counterparts, each of which is deemed to be an original and all of
         which taken together constitute one and the same agreement.

                  (e) Successors and Assigns, Transfer. This Agreement is
         intended to bind and inure to the benefit of and be enforceable by the
         Executive, Holdings and the Company and their respective successors,
         heirs and assigns.

                  (f) Governing Law. This Agreement shall be governed by and
         construed in accordance with the laws of the state of Delaware, without
         giving effect to any rules, principles or provisions of choice of law
         or conflict of laws.

                  (g) Remedies. Holdings, the Company and the Executive will be
         entitled to enforce its or his respective rights under this Agreement
         specifically, to recover damages and costs (including reasonable
         attorneys' fees and expenses) caused by any breach of any provision of
         this Agreement and to exercise all other rights existing in its or his
         favor. The parties hereto agree and acknowledge that Holdings and the
         Company will suffer irreparable harm and money damages may not be an
         adequate remedy for any breach of the provisions of this Agreement by
         the Executive and that any such party may in its sole discretion apply
         to any court of law or equity of competent jurisdiction (without
         posting any bond or deposit) for specific performance and/or other
         injunctive relief in order to enforce or prevent any violations of the
         provisions of this Agreement.

                  (h) Amendment and Waiver. The provisions of this Agreement may
         be amended and waived only with the prior written consent of Holdings
         (with the approval of the Board) and the Executive.

                  (i) Tax Matters. The Executive shall indemnify, defend and
         hold harmless Holdings and its Affiliates (and their respective
         officers, directors, shareholders and employees) for any liability
         associated with federal, state or local income tax withholding and
         employment tax withholding in respect of the Executive or his
         transferees (including all interest, penalties and additions to tax
         with respect thereto) resulting from, or arising with respect to, the
         issuance to the Executive of any units of interest in the Predecessor
         Company, whether before or after the merger of GEEG Acquisition, L.L.C.
         into the Predecessor Company, whether acquired by purchase from any
         Subsidiary of Holdings or otherwise, or the holding by the Executive or
         his transferees of any such units of interest in the Predecessor
         Company.

                                       13
<PAGE>
         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the Effective Date.

                                 GLOBAL POWER EQUIPMENT GROUP INC.


                                 By:     /s/ Larry Edwards
                                     -----------------------------------------
                                 Name: Larry Edwards
                                 Title: President and Chief Executive Officer


                                 BRADEN MANUFACTURING, L.L.C.


                                 By:     /s/ Larry Edwards
                                     -----------------------------------------
                                 Name: Larry Edwards
                                 Title: Chief Executive Officer

                                   /s/ Gene F. Schockemoehl
                                 ---------------------------------------------
                                 Gene F. Schockemoehl

                                       14
<PAGE>
                                    EXHIBIT A


                                Benefits Schedule

                              Gene F. Schockemoehl

#        Medical Insurance
#        Dental Insurance
         Short Term Disability
         Long Term Disability
         Salary Continuation
#        Life Insurance
         Accidental Death & Dismemberment
#        Travel Accident Insurance
         9 Paid Holidays Per Year
         4 Weeks Paid Vacation Per Year
         401(k) Plan
         Preparation of Annual Taxes