AMENDMENT NO. 1 TO THE GEHL COMPANY/_______________
                    CHANGE IN CONTROL AND SEVERANCE AGREEMENT
                         DATED AS OF __________________

          THIS AMENDMENT to the Change in Control and Severance Agreement (the
"Agreement"), made and entered into as of the _____ day of _____________ by and
between Gehl Company ("GEHL"), a Wisconsin corporation, and
______________________ (the "Executive"), is made as of June 13, 2001.

                                    RECITALS

          WHEREAS, GEHL and the Executive have previously made and entered into
the Agreement and wish to enter into this Amendment amending the Agreement as
provided herein.

          NOW, THEREFORE, in consideration of the mutual promises and agreements
set forth herein, the parties agree as follows:

          Section 1(c) of the Agreement shall be revised by deleting the word
"and" from the end of such section.

          Section 1(d) of the Agreement shall be deleted in its entirety and
replaced with the following:

          Two (2) times the sum of (i) the Current Base Salary and
          (ii) the highest bonus amount earned by the Executive in any
          of the five fiscal years which precede the year in which the
          Termination Date occurs, including any amounts deferred; and

          Section 1 of the Agreement shall be revised by adding the following
new paragraph after subsection (e) and before the paragraph beginning "In
addition":

          The Executive shall also receive, at the expense of GEHL,
          outplacement services, on an individualized basis at a level
          of service commensurate with the Executive's most senior
          status with GEHL during the 180-day period prior to the date
          of the Change in Control, provided by a nationally
          recognized senior executive placement firm selected by GEHL
          with the consent of the Executive, provided that the cost to
          GEHL of such services shall not exceed 20% of the
          Executive's Current Base Salary. In the alternative, the
          Executive, at his election, may choose to receive that net
          amount, up to a maximum of $15,000, to be paid as a lump sum
          within 30 days of the Termination Date as outlined above.

          IN WITNESS WHEREOF, GEHL has caused this Amendment to be executed by
its duly authorized officer, and Executive has hereunto set his hand, all as of
the date set forth above.

GEHL COMPANY                             EXECUTIVE

By:
   --------------------------------      ------------------------------------
Name:     William D. Gehl                ______________________
     ------------------------------
Title:    President