Document:

Exhibit 10.1

 

SHARE SUBSCRIPTION AGREEMENT

 

dated

 

December 19, 2020

 

by and between

 

LION GROUP HOLDING LTD

 

and

 

YUN TIAN INVESTMENT LIMITED

 

     

     

    

 

SHARE SUBSCRIPTION AGREEMENT

 

This SHARE SUBSCRIPTION
AGREEMENT (the “Agreement”), dated December 19, 2020, between LION GROUP HOLDING LTD, a Cayman Islands
exempted company (the “Company”), and YUN TIAN INVESTMENT LIMITED, a company established and existing under
the laws of Hong Kong (the “Subscriber”). The Company and the Subscriber are each referred to herein individually as
a “Party” and collectively as the “Parties”.

 

W I T N E S S E T H :

 

A. The
Company is an exempt company established and existing under the laws of Cayman Islands. The Company is authorized to issue (i)
500,000,000 ordinary shares, $0.0001 par value per share, divided into 300,000,000 Class A Ordinary Shares and 150,000,000 Class
B Ordinary Shares, and (ii) 50,000,000 preferred shares, $0.0001 par value per share. As of the date hereof, there were 19,470,649
Ordinary Shares outstanding, including 9,627,553 Class A Ordinary Shares and 9,843,096 Class B Ordinary Shares, and no preferred
shares outstanding. There were also 17,795,000 publicly traded warrants outstanding, each exercisable to purchase one Class A Ordinary
Share at a price of $11.50 per share.

 

B. The
Company will issue to the Subscriber, and the Subscriber desires to subscribe from the Company for, certain Class A Ordinary Shares
(as defined below) pursuant to the terms and subject to the conditions set forth herein,

 

NOW, THEREFORE,
in consideration of the foregoing promises, and mutual agreements and covenants contained herein, and intending to be legally bound
hereby, the Parties hereby agree as follows.

 

ARTICLE I

DEFINITIONS

 

1.1 Certain
Defined Terms. For purposes of this Agreement:

 

“Affiliate”
means, with respect to any specified Person, any other Person that directly, or indirectly through one or more intermediaries,
Controls, is Controlled by, or is under common Control with, such specified Person.

 

“Business
Day” means any day that is not a Saturday, a Sunday or any other day on which banks are required or authorized by Law
to be closed in the U.S. or Hong Kong.

 

“Class
A Ordinary Shares” means the Class A ordinary shares of the Company.

 

“Class
B Ordinary Shares” means the Class B ordinary shares of the Company.

 

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“Control”
(including “Controlled by” and “under common Control with”) means with respect to the relationship
between or among two or more Persons, the possession of the power to direct or cause the direction of the affairs or management
of a Person, whether through the ownership of a majority of the outstanding voting securities, or having the right to appoint a
majority of the members of the board of directors, or as trustee, personal representative or executor, by contract, credit arrangement
or otherwise.

 

“Governmental
Authority” means any U.S. or non-U.S. federal, national, supranational, state, provincial, local or similar government,
taxation, governmental, regulatory or administrative authority, agency or commission or any court, tribunal, or judicial or arbitral
body.

 

“HK
Entity” means the company to be incorporated by the Subscriber in Hong Kong.

 

“Hong
Kong” means the Hong Kong Special Administrative Region of the People’s Republic of China.

 

“Law”
means any U.S. or non-U.S. federal, national, supranational, state, provincial, local or similar statute, law, ordinance, regulation,
rule, code, order, requirement or rule of law (including common law).

 

“Lion
Brokers” means Lion Brokers Limited, a company incorporated in the Cayman Islands and an indirect wholly-owned subsidiary
of the Company.

 

“Operating
Company” means initially, Shanghai Gejing Business Consultancy Co., Ltd. The Parties shall incorporate a new company
within 6 months as the operating company, the shareholding percentage of which shall be separately agreed by the Parties.

 

“OTC
Stock Options business” means the derivative products provided by securities firms pursuant to which the parties to the
transaction will have certain rights and obligations to the buy and sell of stocks in the future. The buy side of the futures gets
a right to buy or sell a specified number of certain stocks or ETF at a specified price from the sell side after the payment of
certain fees.

 

“Ordinary
Shares” means the Class A Ordinary Shares and the Class B Ordinary Shares of the Company.

 

“Person”
means any individual, partnership, firm, corporation, limited liability company, association, trust, unincorporated organization
or other entity.

 

“RMB”
means Renminbi, the lawful currency of the People’s Republic of China.

 

“T+0
business” means the business of obtaining transaction profits through manual operation or program operation in a turn
around transaction within a stock trading day.

 

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“Transaction
Documents” means this Agreement and any document entered or to be entered in respect of or any agreement related to the
subject matter hereof, together with all the exhibits and appendices hereto and thereto.

 

“TRS
business” means total return swap trading business, providing the investors with the return swap derivative product services
for A Shares, Hong Kong stocks or other investment products.

 

“$”
means the United States Dollars, the lawful currency of the United States of America.

 

1.2 Other
Definitions. The following terms have the meanings set forth in the sections set forth below:

 

	Definition	 	Location
	 	 	 
	“Agreement”	 	Preamble
	 	 	 
	“Company”	 	Preamble
	 	 	 
	“Subscriber”	 	Preamble
	 	 	 
	“Parties”	 	Preamble
	 	 	 
	“Party”	 	Location
	 	 	 
	“Earn-out Shares”	 	Section 3.1
	 	 	 
	“Relevant Business”	 	Section 3.1
	 	 	 
	“Subscription Price”	 	Section 2.1
	 	 	 
	“Subscription Shares”	 	Section 2.1
	 	 	 
	“First Closing”	 	Section 2.2
	 	 	 
	“First Closing Date”	 	Section 2.2
	 	 	 
	“Specified Account”	 	Section 2.6

 

1.3 Interpretation
and Rules of Construction. In this Agreement, except to the extent otherwise provided or that the context otherwise requires:

 

(a) when
a reference is made in this Agreement to an Article, Section, Exhibit or Schedule, such reference is to an Article or Section of,
or an Exhibit or Schedule to, this Agreement unless otherwise indicated;

 

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(b) the
table of contents and headings in this Agreement are inserted for reference purposes only and do not affect in any way the meaning
or interpretation of this Agreement;

 

(c) whenever
the words “include,” “includes” or “including” are used in this Agreement, they are deemed
to be followed by the words “without limitation”;

 

(d) the
words “hereof,” “herein” and “hereunder” and words of similar import, when used in this Agreement,
refer to this Agreement as a whole and not to any particular provision of this Agreement;

 

(e) whenever
the word “day” is used in this Agreement, it shall be deemed to refer to a calendar day;

 

(f) all
terms defined in this Agreement have the defined meanings when used in any certificate or other document made or delivered pursuant
to this Agreement, unless otherwise defined therein;

 

(g) the
definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms;

 

(h) any
Law defined or referred to herein or in any agreement or instrument that is referred to herein means such Law or statute as from
time to time amended, modified or supplemented, including by succession of successor Laws;

 

(i) references
to a Person are also to its successors and permitted assigns; and

 

(j) the
use of “or” is not intended to be exclusive unless expressly indicated otherwise.

 

ARTICLE II

Subscription for
and Issuance of Class A Ordinary Shares

 

2.1 Subscription
and Issuance of Class A Ordinary Shares. The Subscriber intends to subscribe, through the HK Entity, for not more than 4,540,000
Class A Ordinary Shares (the “Subscription Shares”) in aggregate from the Company, at the price of $2.2 per
share (the “Subscription Price”). The HK Entity may subscribe for the Subscription Shares by tranches before
June 30, 2021. The Subscription Shares shall be subject to a lock-up period of two years from the issuance of the Subscription
Shares.

 

2.2 First
Closing of Share Subscription. Pursuant to the terms and subject
to the conditions of this Agreement, the issuance of and subscription for the first batch of the Subscription Shares as contemplated
by this Agreement shall take place at a closing (the “First Closing”) on the fifth (5th) Business
Day following the satisfaction or waiver of all of the conditions to the obligations of the Parties hereto set forth in Section
10.1, Section 10.2 and Section 10.3 or at such other time or on such other date as the Parties mutually agree upon in writing
(the date of the First Closing, the “First Closing Date”).

 

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2.3 First
Closing Deliveries by the Company. At the First Closing, the Company shall deliver or cause to be delivered to the Subscriber/the
HK Entity:

 

(a) a
duly executed and chopped share certificate of the Company representing the number of the Subscription Shares acquired and owned
by the HK Entity;

 

(b) an
executed original of each of the Transaction Documents to which the Company is a party;

 

(c) a
true and complete copy of the resolutions duly and validly adopted by the executive director or an authorized person of the Company
evidencing his/her authorization of (i) the execution and delivery of the Transaction Documents to which the Company is a party,
(ii) the consummation of the transactions contemplated by the Transaction Documents to which the Company is a party, (iii) if required,
the increase of the share capital of the Company for the purpose of issuance of shares following consummation of the transactions
contemplated by the Transaction Documents to which the Company is a party, and (iv) the issuance of Subscription Shares to the
Subscriber; and

 

(d) a
certificate of a duly authorized officer of the Company certifying as to the matters set forth in Section 10.3(a).

 

2.4 First
Closing Deliveries by the Subscriber. At the First Closing, the Subscriber shall deliver or cause to be delivered to the Company:

 

(a) the
aggregate amount of the Subscription Price which shall be the number of the Subscription Shares acquired by the HK Entity times
the Subscription Price by wire transfer to the Specified Account;

 

(b) an
executed original of each of the Transaction Documents to which the Subscriber is a party;

 

(c) a
true and complete copy of the resolutions duly and validly adopted by the board of directors of the Subscriber evidencing its authorization
of (i) the execution and delivery of the Transaction Documents to which the Subscriber is a party, and (ii) the consummation of
the transactions contemplated by the Transaction Documents to which the Subscriber is a party;

 

(d) a
certificate of a duly authorized officer of the Subscriber certifying the name and signature of the officer of the Subscriber authorized
to sign the Transaction Documents to which the Subscriber is a party and the other instruments delivered pursuant to the Transaction
Documents to which the Subscriber is a party; and

 

(e) a
certificate of a duly authorized officer of the Subscriber certifying as to the matters set forth in Section 10.2(a).

 

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2.5 Subsequent
closing. Each subsequent closing for the issuance of and subscription of such number of the Subscription Shares as the Subscriber
may notify the Company in writing shall take place at such place at such time on such date as the Parties mutually agree upon
in writing and at such closing, the Company shall deliver or cause to be delivered to the Subscriber a duly executed and chopped
share certificate of the Company representing the number of the Subscription Shares acquired and owned by the HK Entity and the
Subscriber shall deliver or cause to be delivered to the Company the aggregate amount of the Subscription Price which shall be
the number of the Subscription Shares acquired by the Subscriber times the Subscription Price by wire transfer to the Specified
Account.

 

2.6 Specified
Account. The Subscriber/the HK Entity shall wire transfer the Subscription Price to the following bank account of the Company
(the “Specified Account”):

 

Bank name: [*]

 

Beneficiary name:
LION GROUP HOLDING LTD.

 

Swift code: [*]

 

Bank account
no: [*]

 

Bank address:
[*]

 

2.7 The
Company shall inject the Subscription Price into Lion Brokers within three (3) days of receipt which shall be specifically used
for the operation of the Relevant Business and shall not be used for any other purpose. The Company may use the Subscription Price
for the capital injection in Lion Brokers, advance it to Lion Brokers, interest free, or give it away to Lion Brokers. If the Company
advances the Subscription Price to Lion Brokers, interest free, the lending period shall not be less than two (2) years.

 

ARTICLE III

Earn-out Payment

 

3.1 The
Parties agree that for a period of two years commencing on January 1, 2021 (or such other date as may be mutually agreed by Parties),
the Subscriber shall procure that Lion Brokers’ TRS business, T+0 business, OTC Stock Options business and any other relevant
business (the “Relevant Business”) shall achieve a milestone (the “Milestone”) of net profit
before tax of RMB 200 million. The Company shall ensure that the Relevant Business can be commenced from January 1, 2021; otherwise,
the two-year period shall commence from the date that the Relevant Business can actually be commenced. At any point of time during
the two-year period, when the Milestone is achieved in accordance with Section 3.2, within 15 days after the Milestone has been
achieved, the Subscriber shall be entitled to receive 5,000,000 Class A Ordinary Shares (the “Earn-out Shares”)
from the Company which Earn-out Shares shall be issued to the shareholder designated by the HK entity. The Company undertakes with
the Subscriber that after the signing of this Agreement, based on the number of existing issued shares of the Company, , during
the two-year period referred to in Section 3.1 and before the resolution of any dispute under this Agreement, the proportion of
the number of increased issued shares of the Company shall not exceed 50%, that is, 9,740,000 Ordinary Shares provided that this
shall not prohibit the issuance of any Ordinary Shares pursuant to warrants or convertible instruments issued prior to the date
hereof.

 

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3.2 When
the Subscriber considers that the Milestone has been achieved, it can propose a verification application. If both Parties recognize
the verification, the Milestone shall be deemed to have been achieved. If there is any disagreement between the Parties, whether
or not the Milestone has been achieved shall be determined according to the audited accounts of Lion Brokers’ Relevant Business
issued, with an unqualified opinion, by the certified public accountants jointly selected by the Parties. If the Milestone has
not been achieved, the Subscriber shall not have any liability.

 

3.3 In
the determination of the net profit before tax of Lion Brokers’ Relevant Business, it shall take into account any Relevant
Business which is brought to Lion Brokers directly or indirectly by the Subscriber, the HK Entity, the Operating Company, the Company’s
directors, significant shareholders and senior management or Lion Brokers’ existing or future teams, whether any of them
acts singly or jointly.

 

3.4 The
financial position of each of the Company and Lion Brokers as at the date hereof are set out in Exhibit A.

 

3.5 The
Company undertakes that if Lion Brokers’ net profit is reduced due to any liabilities or contingent liabilities , such portion
of the net profit reduced shall be taken into account in the determination of the Milestone under Section 3.1.

 

3.6 If
the Milestone has been achieved and the Company shall fail to allot any of the Earn-out Shares for whatever reason, the Subscriber
shall have the right to (a) require the Company to continue to perform the provisions of this Agreement; (b) declare that the Milestone
has been achieved; (c) require the Company to pay to the Subscriber dollar for dollar the total amount of the net profit made by
Lion Brokers’ Relevant Business; or (d) demand the Company to compensate the Subscriber at the rate of US$6.0 per Earn-out
Share.

 

ARTICLE IV

Co-operation between
the Company and the Subscriber

 

4.1 The
Parties shall co-operate with each other for a period commencing from the date of this Agreement till December 31, 2025, pursuant
to the provisions of this Agreement.

 

4.2 The
Company shall procure that Wang Guandong be appointed as a director of the Company within 15 days of the date of this Agreement.
If there is any change to the proposed appointment of Wang Guandong, the Company shall complete the appointment of another candidate
as a director of the Company within 15 days of the Subscriber’s notification.

 

4.3 The
Company shall, and each of the Parties shall procure the Operating Company to, provide assistance in the areas of finance, technology,
marketing, etc. to Lion Brokers’ Relevant Business. The Company shall have the right to make any recommendation on the operation
and management of the Operating Company.

 

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4.4 After
the two-year period referred to in Section 3.1, the Company may procure Lion Brokers to, distribute Lion Brokers’ net profit
before tax in the Relevant Business to the Subscriber in such proportion as the Parties may separately agree. The determination
of Lion Brokers’ net profit before tax in the Relevant Business shall follow Sections 3.1 and 3.3.

 

4.5 Lion
Brokers’ net profit for each financial year may be distributed to the Company at a proportion agreed by the Parties to be
utilized as the Company’s working capital. As an indication, the proportion for the first financial year may be 20%-30% and
the second financial year, 40%-50%. The balance of Lion Broker’s net profit shall be retained by Lion Brokers for the operation
of the Relevant Business.

 

4.6 
Unless with the prior written consent of the Subscriber, the Company shall not transfer or charge Lion Brokers’ shares or
equity interest or cause Lion Brokers to issue ordinary shares or preferred shares or any convertible note which may affect the
achievement of the Milestone or the co-operation under the provisions of this Agreement.

 

ARTICLE V

The Operating Company

 

5.1 The
Subscriber shall nominate the officers of the Operating Company which shall be responsible for the referrals of businesses to Lion
Brokers’ Relevant Business. The Relevant Business shall be conducted by Lion Brokers and the operating results of the Relevant
Business shall be those of Lion Brokers. The costs and expenses of the Operating Company shall be borne by Lion Brokers.

 

5.2 Both
Parties shall form a decision-making body for Lion Brokers’ Relevant Business, comprising Wang Chunning, Wang Jian, Li Guanglong,
Xu Yunpeng and Wang Guandong. Any major matters, including the risk management, of Lion Brokers’ Relevant Business shall
be implemented after the unanimous decision of the members of the decision-making body and each member shall have a veto right.
Unless both Parties otherwise agree, neither Party shall revoke or replace any member of the decision-making body without reason.

 

5.3 Both
Parties shall jointly set up ledgers for the Relevant Business at Lion Brokers. The designated financial officer of each Party
shall be able to complete the books and records for the Relevant Business at a time mutually agreed by the Parties. Both Parties
shall ensure that the capital maintained in the account at Lion Brokers is safe and freely transferable. Unless both Parties consent,
the capital in the account shall not be used for any purpose other than for the operation of the Relevant Business.

 

5.4 Subject
to compliance of the applicable laws and regulations, the Subscriber shall take the lead in the operation of the Operating Company
and be responsible for the operation of the Relevant Business, with the full power to formulate the management and sales system
and the sales and operation strategies, including the building up of the structure of the business of the Operating Company, formulating
the business sales and assessment system and incentivizing mechanism.

 

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5.5 The
Operating Company may formulate any financial management system in accordance with its operation characteristics and management
requirements and shall submit such financial information to Lion Brokers as Lion Brokers may require from time to time.

 

5.6 The
company seals, business licenses, filings, approvals, permits and passwords to bank accounts of the Operating Company shall be
kept by the Subscriber.

 

5.7 The
Company warrants that in relation to itself and Lion Brokers, all of their rights and liabilities and contingent disputes have
been properly resolved and will not affect the Subscriber, Lion Brokers and the operation, management, commencement of business
and financial position of the Operating Company.

 

ARTICLE VI

Representations and
Warranties of the Company

 

In order to induce
the Subscriber to enter into this Agreement, the Company hereby represents and warrants to the Subscriber as follows:

 

6.1 Organization,
Authority and Qualification of the Company. The Company is a company duly organized, validly existing, and in good standing
under the laws of Cayman Islands, and has all necessary corporate power and authority to carry on the business as it has been
and is currently conducted. Any and all of the corporate actions relating to the issuance and placement of the Subscription Shares
as contemplated by this Agreement have been duly authorized by the Company in accordance with applicable Laws and constitutional
documents of the Company.

 

6.2 Due Execution.
The execution and delivery by the Company of this Agreement and any other Transaction Documents to which the Company is a party,
the performance by the Company of its obligations hereunder and thereunder, and the consummation by the Company of the transactions
contemplated hereby and thereby have been or will be on or prior to the Closing date duly authorized by all requisite action on
the part of the Company. This Agreement has been duly executed and delivered by the Company, and (assuming due authorization,
execution and delivery by the Subscriber) this Agreement constitutes, and upon their execution the Transaction Documents to which
the Company is a party shall constitute, legal, valid and binding obligations of the Company, enforceable against the Company
in accordance with their respective terms.

 

6.3 No
Conflict. Assuming that all required consents, approvals, authorizations and other actions referred to herein have been obtained,
the execution, delivery and performance of this Agreement and any other Transaction Document by the Company do not (a) violate,
conflict with or result in the breach of any provision of the constitutional documents of the Company, (b) conflict with or violate
any Law or governmental order applicable to the Company, or (c) conflict with, result in any breach of, constitute a default under,
require any consent under, or give to others any rights of termination, amendment, acceleration, suspension, revocation or cancellation
of, any note, bond, mortgage or indenture, contract, agreement, lease, sublease, license, permit, franchise or other instrument
or arrangement to which the Company is a party, except, to the extent that such conflicts, breaches, defaults or other matters
would not materially and adversely affect the ability of the Company to perform any of its obligations under this Agreement or
any other Transaction Document or consummate any transactions contemplated hereunder or thereunder.

 

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6.4 Consents
and Approvals. The execution, delivery and performance by the Company of this Agreement does not and will not require any consent,
approval, authorization or other order of, action by, filing with, or notification to, any Governmental Authority.

 

ARTICLE VII

Representations and
Warranties of the Subscriber

 

In order to induce
the Subscriber to enter into this Agreement, except as set forth in the corresponding sections herein, the Subscriber hereby represents
and warrants to the Company as follows:

 

7.1 Organization,
Authority and Qualification of the Subscriber. The Subscriber is a company duly organized, validly existing, and in good standing
under the Laws of Hong Kong, and has all necessary corporate power and authority to enter into this Agreement and any other Transaction
Document to which it is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated
hereby and thereby.

 

7.2 Due Execution.
The execution and delivery by the Subscriber of this Agreement and any other Transaction Document to which the Subscriber is a
party, the performance by the Subscriber of its obligations hereunder and thereunder and the consummation by the Subscriber of
the transactions contemplated hereby and thereby have been or will be on or prior to the Closing date duly authorized by all requisite
action on the part of the Subscriber. This Agreement has been duly executed and delivered by the Subscriber, and (assuming due
authorization, execution and delivery by the Company) this Agreement constitutes, and upon their execution the Transaction Documents
to which the Subscriber is a party shall constitute, legal, valid and binding obligations of the Subscriber, enforceable against
the Subscriber in accordance with their respective terms.

 

7.3 No Conflict.
Assuming that all required consents, approvals, authorizations and other actions referred to herein have been obtained, the execution,
delivery and performance of this Agreement and any other Transaction Document by the Subscriber do not (a) violate, conflict with
or result in the breach of any provision of the constitutional documents of the Subscriber, (b) conflict with or violate any Law
or governmental order applicable to the Subscriber, or (c) conflict with, result in any breach of, constitute a default under,
require any consent under, or give to others any rights of termination, amendment, acceleration, suspension, revocation or cancellation
of, any note, bond, mortgage or indenture, contract, agreement, lease, sublease, license, permit, franchise or other instrument
or arrangement to which the Subscriber is a party, except, to the extent that such conflicts, breaches, defaults or other matters
would not materially and adversely affect the ability of the Subscriber to perform any of its obligations under this Agreement
or any other Transaction Document or consummate any transactions contemplated hereunder or thereunder.

 

7.4 Consents
and Approvals. The execution, delivery and performance by the Subscriber of this Agreement does not and will not require any
consent, approval, authorization or other order of, action by, filing with, or notification to, any Governmental Authority.

 

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ARTICLE VIII

Additional Agreements

 

8.1 Confidentiality.
Except as necessary under the disclosure requirements of securities laws and regulations of the U.S., the Parties shall hold and
shall cause their respective representatives to hold in strict confidence, unless compelled to disclose by judicial or administrative
process or by other requirements of Law, all documents and information concerning the other party furnished to it by such other
party or its representatives in connection with the transactions contemplated by this Agreement (except to the extent that such
information can be shown to have been (a) previously known by the party to which it was furnished, (b) in the public domain through
no fault of such party or (c) later lawfully acquired from other sources, which source is not the agent of the other party, by
the party to which it was furnished), and each party shall not release or disclose such information to any other person, except
its representatives in connection with this Agreement. In the event that any party believes that it is required to disclose any
such confidential information pursuant to applicable Laws, such party shall give timely written notice to the other parties so
that such parties may have an opportunity to obtain a protective order or other appropriate relief. Each party shall be deemed
to have satisfied its obligations to hold confidential information concerning or supplied by the other parties if it exercises
the same care as it takes to preserve confidentiality for its own similar information. The obligation to keep confidentiality
under this Section 8.1 shall survive any expiration or termination of this Agreement and each party shall be responsible for any
breach of this Section 8.1 by its staff and shall notify the other party if it is aware of any breach by its staff on the date
that it is aware of any such breach and take such measures as may be necessary to prevent any further leakage.

 

8.2 Notice
of Developments. Prior to the First Closing, the Subscriber and the Company shall each promptly notify the other in writing
of (a) all events, circumstances, facts and occurrences or non-occurrences arising subsequent to the date of this Agreement which
may result in any breach of a representation or warranty or covenant of either the Subscriber or the Company contained in this
Agreement or which may have the effect of making any representation or warranty of either the Subscriber or the Company contained
in this Agreement untrue or incorrect in any material aspect, and (b) any material development that has an effect on the assets,
liabilities, business, or financial status related to the Company or the Subscriber. The Parties agree to discuss in good faith
appropriate measures or solutions to address such events circumstances, facts and occurrences or non-occurrences or developments.

 

8.3 Further
Action. Each of the Parties shall use all reasonable efforts to take, or cause to be taken, all appropriate action, do or
cause to be done all things necessary, proper or advisable under applicable Law, and to execute and deliver such documents and
other papers, as may be required to carry out the provisions of this Agreement and the other Transaction Documents to which it
is a party and consummate and make effective the transactions contemplated hereby and thereby. Each of the Parties agrees that
it will not take or cause to be taken any action that may result in any breach of any of its representations, warranties, covenants
or agreements contained in this Agreement.

 

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8.4 Further
representations, warranties and undertakings. Each Party hereby represents, warrants and undertakes with the other Party that:

 

(a) The
information provided by one Party to the other shall be true, correct and not misleading. Any certificates, approvals, permits
and documents obtained shall be true, legal and valid.

 

(b) Neither
Parties shall withhold any information from the other or make any false statements concerning any litigation, arbitration, investigation
or administrative proceedings in relation to itself which are closed, outstanding or about to commence. Each Party represents that
neither itself nor any of its Affiliates has any undisclosed liabilities, contingent liabilities, tax issues, civil litigation
or arbitration.

 

(c) Each
Party undertakes to use its best endeavors to obtain the other Party’s board approval and shareholders’ approval and
to co-operate with the auditors and counsels to complete the work under this Agreement. Each Party shall submit complete and valid
documents, effective documents for the share issuance and transfer to the relevant authorities or agencies at their request and
within reasonable time to effect the registration thereof.

 

(d) Each
Party shall notify the other Party within three (3) days after the occurrence or likely occurrence of the following:

 

		●	any change of the residence or correspondence address or contact information;

 

		●	any material litigation or arbitration proceedings concerning the assets, financial position or
operation of itself, Lion Brokers or the Operating Company which involves an amount of RMB500,000 or above or any major assets
of any of these companies are subject to any property preservation procedures;

 

		●	any provision of any third party guarantee by itself or Lion Brokers which would have a material
adverse effect on such entity’s asset or the ability to perform the obligations of such entity under the provisions of this
Agreement;

 

		●	any entry into of any agreement which may materially affect its operation or asset position;

 

		●	any involvement in unlawful or illegal activities; or

 

		●	any significant difficulty in the business it operates or any deterioration in its asset position
or the occurrence of any other incident which will adversely affect its operation, asset position or ability to repay its indebtedness.

 

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ARTICLE IX

Tax Matters

 

9.1 Tax Liabilities
Related to the Subject Transaction. Each of the Company and the Subscriber agrees that each Party shall be liable for its
own tax liabilities arising from the subject transaction.

 

9.2 Tax Cooperation
and Information Exchange. The Parties agree that they will cooperate with each other in relation to tax matters, and each
Party shall provide the other Party with the relevant information requested by the other Party in order for the other Party to
complete its necessary tax filing or audit, determine liability for taxes and right to a tax refund, and perform any other tax-related
work.

 

ARTICLE X

Conditions to First
Closing

 

10.1 Conditions
to Obligations of the Parties. The obligations of each of the Company and the Subscriber to consummate the transactions contemplated
by this Agreement shall be subject to the fulfillment or written waiver by the other Party of each of the following conditions:

 

(a) All
required approvals of the shareholders of the Company and the Governmental Authorities shall have been obtained.

 

(b) There
has been no rule under applicable Laws or judgment, injunction, order or decree that prohibits the consummation of the First Closing,
or substantively increases the costs of the Company or the Subscriber in connection with the transactions contemplated by this
Agreement.

 

10.2 Conditions
to Obligations of the Company. The obligations of the Company to consummate the transactions contemplated by this Agreement
shall be subject to the fulfillment or written waiver by the Company, at or prior to the First Closing, of each of the following
conditions:

 

(a) The
representations and warranties of the Subscriber contained in this Agreement shall be true and correct when made in all material
respects and shall be true and correct in all material respects as of the First Closing, with the same force and effect as if made
at the First Closing (except to the extent that such representations and warranties were made as of other date, in which case such
representations and warranties shall have been true and correct as of such date).

 

(b) The
Subscriber shall have delivered to the Company a copy of a resolution of the board of directors of the Subscriber (certified by
a duly appointed officer as true and correct) authorising the execution of and the performance by the Subscriber of its obligations
under this Agreement and the Transaction Documents.

 

(c) The
Subscriber shall have performed all of its covenants and agreements required by this Agreement to be so performed by it, prior
to or on the Closing, and the Company shall have received a certificate of the Subscriber signed by a duly authorized officer thereof
certifying the matters set forth in this Section 10.2(a).

 

    13

     

    

 

10.3 Conditions
to Obligations of the Subscriber The obligations of the Subscriber to consummate the transactions contemplated by this
Agreement shall be subject to the fulfillment or written waiver by the Subscriber at or prior to the First Closing, of each
of the following conditions:

 

(a) The
representations and warranties of the Company contained in this Agreement shall be true and correct when made in all material respects
and shall be true and correct in all material respects as of the First Closing, with the same force and effect as if made at the
First Closing (except to the extent that such representations and warranties were made as of other date, in which case such representations
and warranties shall have been true and correct as of such date).

 

(b) The
Company shall have delivered to the Subscriber a copy of a resolution of the board of directors of the Company (certified by a
duly appointed officer as true and correct) authorising the execution of and the performance by the Company of its obligations
under this Agreement and the Transaction Documents

 

(c) The
Company shall have performed all of its covenants and agreements required by this Agreement to be so performed by it, prior to
or on the First Closing, and the Subscriber shall have received a certificate signed by duly authorized officers of the Company
certifying the matters set forth in this Section 10.3(a).

 

ARTICLE XI

Termination

 

11.1 Termination.
This Agreement may be terminated at any time prior to the First Closing,

 

(a) by
the Subscriber if:

 

(i) any
event or circumstance has occurred that would cause any of the conditions set forth in Section 10.3 not to be satisfied; or

 

(ii) any
representation or warranty made by the Company in this Agreement has been untrue or inaccurate in any material respect, or any
covenant required to be fulfilled prior to the First Closing fails to be fulfilled substantively, or the Company fails to comply
with any of its covenants or agreements that would cause any of the conditions set forth in Section 10.3(a) not to be satisfied
and such breach has not been cured by the Company within thirty (30) days upon giving of written notice of such breach by the Subscriber;

 

(b) by
the Company if:

 

(i) any
event or circumstance has occurred that would cause any of the conditions set forth in Section 10.2 not to be satisfied; or

 

(ii) any
representation or warranty made by the Subscriber in this Agreement has been untrue or inaccurate in any material respect, or any
covenant required to be fulfilled prior to the First Closing fails to be fulfilled substantively, or the Subscriber fails to comply
with any of its covenants or agreements that would cause any of the conditions set forth in Section 10.2 not to be satisfied and
such breach has not been cured by the Subscriber within thirty (30) days upon giving of written notice of such breach by the Company;

 

    14

     

    

 

(c) by
either the Company or the Subscriber, if the First Closing shall not have occurred by June 30, 2021; provided, however, that the
right to terminate this Agreement under this Section 11.1(c) shall not be available to either Party whose failure to fulfill any
obligation under this Agreement shall have been the cause of, or shall have resulted in, the failure of the First Closing to occur
on or prior to such date;

 

(d) by
either the Company or the Subscriber, if any Governmental Authority shall have issued any order, decree, decision or shall have
taken any other action, and such order, decree, decision or action that would enjoin or otherwise prohibit the transactions contemplated
by this Agreement shall have become final and non-appealable; or

 

(e) by
the mutual written consent of the Company and the Subscriber.

 

11.2 Effect
of Termination. In the event of termination of this Agreement as provided in Section 11.1(d) or (e), this Agreement shall
forthwith become void and there shall be no liability on the part of either Party hereto unless otherwise set forth in this Agreement
or agreed by the Parties. Nothing herein shall relieve either party hereto from liability for any breach of this Agreement and
the defaulting Party shall be liable to the other Party for its losses.

 

ARTICLE XII

General Provisions

 

12.1 Expenses.
Except as otherwise provided in this Agreement, all costs and expenses, including fees and disbursements of counsel, financial
advisors and accountants, incurred in connection with this Agreement and the transactions contemplated by this Agreement shall
be borne by the Party incurring such costs and expenses, whether or not the First Closing shall have occurred.

 

12.2 Notices.
All notices, requests, claims, demands and other communications under this Agreement shall be in writing and shall be given or
made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by courier service, by facsimile
or via registered mail to the respective parties hereto at the following addresses (or at such other address for a Party as shall
be specified in a notice given in accordance with this Section 12.2):

 

(a) If
to the Company:

 

Lion Group Holding
Ltd

Unit A-C, 33/F,
Tower A, Billion Center

1 Wang Kwong
Road

Kowloon Bay,
Hong Kong

Attn: Wilson
Wang / Alex Lee / Tuiggy Zhang

Email: [*]

 

    15

     

    

 

(b) If
to the Subscriber:

 

Yun Tian Investment
Limited

Room B, 13/F,
Gold Shine Tower, 346-348 Queen’s Road Central, Sheung Wan, Hong Kong.

Attn: Xu Yunpeng

Telephone No.:
[*]

 

12.3 Public
Announcements. None of the Parties to this Agreement shall make, or cause to be made, any press release or public announcement
in respect of this Agreement or the transactions contemplated hereby or otherwise communicate with any news media regarding this
Agreement or the transactions contemplated hereby without the prior written consent of the other Party. Each of the Parties hereto
shall comply with the requirements on disclosure of interests under the securities exchange laws and regulations of the U.S. The
Parties hereto shall consult with each other as to the timing and contents of any such press release, public announcement or communication.

 

12.4 Severability.
If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any Law or public policy,
all other terms and provisions of this Agreement shall nevertheless remain in full force and effect for so long as the economic
or legal substance of the transactions contemplated by this Agreement is not affected in any manner materially adverse to any
Party hereto. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the
Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties hereto
as closely as possible in a mutually acceptable manner in order that the transactions contemplated by this Agreement are consummated
as originally contemplated to the greatest extent possible.

 

12.5 Entire
Agreement; Conflict. This Agreement and other Transaction Documents constitute the entire agreement of the Parties hereto
with respect to the subject matter hereof and thereof and supersede all prior agreements and covenants, both written and oral,
between the Company and the Subscriber with respect to the subject matter hereof and thereof. In case of any conflict between
the provisions of this Agreement and those of any other Transaction Documents, the provisions of this Agreement shall prevail.

 

12.6 Assignment.
This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted
assigns, which will become the new parties hereto. Without the express written consent of the Company and the Subscriber (such
consent shall be granted or withheld by the Company or the Subscriber in its own discretion), this Agreement shall not be assigned
by operation of Law or otherwise.

 

12.7 Amendment.
This Agreement may not be amended or modified except (a) by an instrument in writing signed by, or on behalf of, Company and Subscriber;
or (b) by a waiver in accordance with Section 12.8.

 

12.8 Waiver.
Either Party to this Agreement may (a) extend the time for the performance of any of the obligations or other acts of the other
Party; (b) waive any inaccuracies in the representations and warranties of the other Party contained herein or in any document
delivered by the other Party pursuant to this Agreement; or (c) waive compliance with any of the agreements of the other Party
or conditions to such obligations contained herein. Any such extension or waiver shall be valid only if set forth in an instrument
in writing signed by any Party to be bound thereby. Any waiver of any term or condition shall not be construed as a waiver of
any subsequent breach or a subsequent waiver of the same term or condition, or a waiver of any other term or condition of this
Agreement. The failure of any Party hereto to assert any of its rights hereunder shall not constitute a waiver of any of such
rights. All rights and remedies existing under this Agreement are cumulative to, and not exclusive of, any rights or remedies
otherwise available.

 

    16

     

    

 

12.9 Breach
of Agreement. Each Party shall strictly perform its obligations under this Agreement. Any Party which does not perform in accordance
with the provisions under this Agreement or is in breach of any representation, warranty or undertaking under this Agreement shall
be considered as in breach of this Agreement. If there is any applicable provision dealing with such Party in breach, such provision
shall be followed; otherwise, the Party which is in breach of this Agreement shall pay damages to the Party which is not in breach
of this Agreement, such damages to include, without limitation, any costs and expenses in connection with enforcing the provisions
of this Agreement (including, without limitation, attorney’s fees, arbitration fees, property preservation fees, travelling
and accommodation fees).

 

12.10 No Third
Party Beneficiaries. This Agreement shall be binding upon and inure solely to the benefit of only the parties hereto and their
respective successors and permitted assigns. A person who is not a party to this Agreement shall not have any rights under the
Contracts (Rights of Third Parties) Ordinance (Hong Kong) to enforce any term of this Agreement. Notwithstanding anything contained
herein to the contrary, no consent of any third party is required in respect of any withdrawal or amendment of this Agreement
by any Party hereto.

 

12.11 Governing
Law; Dispute Resolution. This Agreement shall be governed by, and construed in accordance with, the laws of Hong Kong. All
disputes, controversies or claims (each, a “Dispute”) arising out of or in connection with this Agreement shall
first be submitted to senior representatives of the relevant Parties to the Dispute for discussion and resolution. Such senior
representatives shall discuss in good faith to resolve the Dispute within thirty (30) calendar days. If any Dispute is not resolved
by and among such senior representatives within such thirty (30) calendar day period, such Dispute shall be finally settled by
arbitration administered by the Hong Kong International Arbitration Centre (“HKIAC”) in accordance with the
HKIAC Administered Arbitration Rules as presently in force (the “HKIAC Rules”). The seat of arbitration shall
be Hong Kong. The arbitral proceedings shall be conducted in English. There shall be three (3) arbitrators appointed in accordance
with the HKIAC Rules. The arbitral tribunal shall decide any Dispute submitted by the parties to the arbitration strictly in accordance
with the substantive laws of Hong Kong, without regard to principles of conflict of laws thereunder, and shall not apply any other
substantive law. Any party to the Dispute shall be entitled to seek preliminary injunctive relief, if possible, from any court
of competent jurisdiction pending the constitution of the arbitral tribunal. The award of the arbitral tribunal shall be final
and binding upon the parties thereto, and the prevailing party may apply to a court of competent jurisdiction for enforcement
of such award. During the course of the arbitral tribunal’s adjudication of the Dispute, this Agreement shall continue to
be performed except with respect to the part in dispute and under adjudication.

 

12.12 Counterparts..
This Agreement may be executed and delivered (including by facsimile) in one or more counterparts, and by the Parties hereto in
separate counterparts, each of which when executed shall be deemed to be an original, but all of which taken together shall constitute
one and the same agreement.

 

12.13 Languages. This
Agreement is executed in English and Chinese. In case of any inconsistency between the Chinese version and the English version,
the Chinese version shall prevail.

 

[The remainder of this page intentionally
left blank; signature pages to follow]

 

    17

     

    

 

IN WITNESS WHEREOF, each
of the Company and the Subscriber has caused this Agreement to be executed as of the date first written above by its respective
officer duly authorized.

 

	 	Company: 
	 	 
	 	LION GROUP HOLDING LTD
	 	 
	 	By:	/s/ Chunning Wang
	 	 	Name:  	Chunning Wang
	 	 	Title:	CEO and Director
	 	 	 	 
	 	Subscriber:
	 	 
	 	YUN TIAN INVESTMENT LIMITED
	 	 
	 	By:	/s/ Yunpeng Xu
	 	 	Name:	Yunpeng Xu
	 	 	Title:	Director

 

Signature Page to the Share Subscription
AgreementEX-10.1

 Exhibit 10.1 

EMPLOYMENT AGREEMENT 

This Employment Agreement (“Agreement”) is made and entered as of December 15, 2020, to be effective as of the
“Commencement Date” (as defined below), between Apogee Enterprises, Inc., a Minnesota corporation (the “Company”), and Ty R. Silberhorn (the “Executive”), a resident of Minnesota. 

RECITALS 

WHEREAS, the Company wishes to employ the Executive as the Company’s Chief Executive Officer and President, and the Executive
desires to accept and to serve as the Company’s Chief Executive Officer and President; 
 WHEREAS, the Company and the Executive
understand that such employment is expressly conditioned on execution of this Agreement; and 
 WHEREAS, the Company desires to
employ the Executive as Chief Executive Officer and President, and the Executive desires to be employed by the Company in that capacity, pursuant to the terms and conditions of this Agreement. 

AGREEMENT 
 NOW,
THEREFORE, in consideration of the Executive’s employment as the Company’s Chief Executive Officer and President and the foregoing premises, the mutual covenants set forth below, and other good and valuable consideration, the receipt
and adequacy of which are hereby acknowledged, the Company and the Executive agree as follows: 
 ARTICLE I: EMPLOYMENT, TERM AND DUTIES 

1.1      Employment. The Company hereby employs the Executive as Chief Executive Officer and
President, and the Executive accepts such employment and agrees to perform services for the Company, for the period and upon the other terms and conditions set forth in this Agreement. Effective as of the “Commencement Date” (as defined in
Section 1.2 hereof), the Company’s Board of Directors (the “Board”) hereby elects the Executive as a member of the Board, to serve until the next annual meeting of the Company’s shareholders. 

1.2      Term. The Executive’s employment with the Company shall commence on January 4,
2021 (the “Commencement Date”), and, unless earlier terminated pursuant to the terms of Article III hereof, shall be for a period of three (3) years, extending through January 4, 2024 (such employment period being referred
to herein as the “Term”). 
 1.3      Position and Duties.  

 

	 	1.3.1	 Service with the Company. The Executive agrees to serve as the Company’s Chief
Executive Officer and President with such authority, power, responsibilities and duties (a) as are set forth for those positions in the By-laws of the Company; (b) as the Board shall assign to the
Executive from time to time; and (c) that the Executive undertakes or 

  
 APOG CEO Emp. Agmt 

	 	 
accepts consistent with his position as Chief Executive Officer and President. The Executive acknowledges and agrees that, from time to time, he will be required to perform duties with respect to
one or more of the Company’s “Affiliates,” and that he will not be entitled to any additional compensation for performing those duties. The Executive shall report directly to the Board. As used herein, the term
“Affiliate” means a company which is directly, or indirectly through one or more intermediaries, controlled by or under common control with another company, where “control” shall mean the right, either directly or
indirectly, to elect the majority of the directors (general partners, managers or equivalent) thereof without the consent or acquiescence of any third party. 

The Executive also agrees to serve, for any period for which the Executive is elected, as a member of the Board or as a director or officer
of any Affiliate; provided, however, that the Executive shall not be entitled to any additional compensation for serving in any of such capacities. 

Upon termination of the Executive’s employment, for whatever reason, Executive agrees to resign immediately from the Board and from all
Affiliate boards of directors on which he is then currently serving. 
  

	 	1.3.2	 Performance of Duties. During the Term, the Executive agrees to serve the Company
faithfully and to the best of the Executive’s ability and to devote the Executive’s full business time, attention and efforts to the business and affairs of the Company (exclusive of any period of vacation, sick, disability, or other leave
to which the Executive is entitled). 

 The Executive hereby confirms that, during the Term, the Executive will not
render or perform services for any other corporation, firm, entity or person that are inconsistent with the provisions of this Agreement, whether or not such activity is pursued for gain, profit, or other pecuniary advantage. 

The rest of this Section 1.3.2 notwithstanding, the Executive may (a) serve on the board of one
for-profit and other non-profit corporations (subject to the Executive having obtained the prior approval of the Chair of the Board of Directors and the Nominating and
Corporate Governance Committee to serve on any such a board in accordance with all of the Company’s policies, including, without limitation, the Company’s policy regarding conflicts of interest); (b) participate in industry organizations;
(c) deliver lectures or fulfill speaking engagements; and (d) manage personal investments, so long as the activities referred to in clauses (a) through (d) above do not materially interfere with the performance of the Executive’s
responsibilities under this Agreement. Notwithstanding the terms of clause (a) of the preceding sentence, the Executive agrees to resign from any and all boards of for-profit or non-profit corporations, as and when 

  
 APOG CEO Emp. Agmt 

EXECUTION COPY 
 2 

 
requested to do so by the Board at any time during the Term if, in its good faith judgment, the Board determines that such service (or continued service) by the Executive is not in the best
interests of the Company. 
 The Executive will perform all of the Executive’s responsibilities in compliance in all material respects
with all applicable laws and with all of the applicable policies generally in effect for employees of the Company or any applicable policies of the Company Affiliate for which the Executive performs services, including without limitation, the
Company’s Code of Business Ethics and Conduct and related policies, as the same may be amended from time to time. 
  

	 	1.3.3	 No Conflicting Obligations. The Executive represents that: (a) his acceptance of
employment under the terms of this Agreement and his performance of the duties specified above will not conflict with any contractual or other obligations which he may owe to any former employers or other third parties, and (b) his performance
of these duties will not require the disclosure of confidential information acquired by the Executive in confidence or in trust prior to Executive’s employment with the Company. Executive agrees to indemnify the Company and hold it harmless
against any and all liabilities or claims arising out of any unauthorized act or acts by the Executive that are in violation of Executive’s covenants and representations in (a) and (b) and constitute a breach of any such obligations to his
former employers. Executive agrees that he will not, hereafter, enter into any agreement, whether written or oral, which conflicts with his obligations under this Agreement. 

ARTICLE II. COMPENSATION, BENEFITS AND EXPENSES 

2.1      Base Salary. As his initial base compensation for all services he renders under this
Agreement, the Executive shall receive an annualized base salary (“Annual Base Salary”) of Eight Hundred Thousand Dollars ($800,000), starting on the Commencement Date. The Annual Base Salary shall be paid in accordance with the
Company’s normal payroll procedures and policies, as such procedures and policies may be modified from time to time. The Annual Base Salary shall be reviewed and adjusted in the sole discretion of the Board’s Compensation Committee (the
“Committee”) according to a schedule and in a manner consistent with the Company’s practices for salary adjustment for senior executives, which practices may be revised from time to time. 

2.2      Short-Term Incentive Compensation. While the Executive holds the positions of
Chief Executive Officer and President of the Company and the Company’s annual Executive Performance Program (the “EPP”) remains in effect, the Committee shall designate the Executive as a participant in the EPP, subject to and in
accordance with the terms and conditions thereof, including any goals the Committee establishes to govern the EPP for any fiscal year. For the 2022 fiscal year (commencing in March 2021), Executive’s target incentive bonus under the EPP shall
be an amount equal to 100% of the Annual Base Salary actually paid to the Executive for that fiscal year. The aggregate amount of the award paid to the Executive will 

  
 APOG CEO Emp. Agmt 

EXECUTION COPY 
 3 

 
range from 0% to 200% of the target amount (i.e. ̧ 50% at threshold, 200% at maximum, with interpolated payouts between award levels), and will depend upon the achievement by the
Executive of performance goals to be recommended by the Executive in consultation with, and finally approved by, the Committee or the Board during the first fiscal quarter of fiscal year 2022. For each performance goal, there will be threshold,
target and maximum performance levels defined. 
 2.3      Signing Bonus. In connection with
Executive’s execution and delivery of this Agreement and commencement of employment with the Company, and to replace forfeited compensation earned at his previous employer, the Board has (i) granted to Executive, effective as of the
Commencement Date and pursuant to the terms of award agreement (to be entered into by the Company and the Executive), the equity award set forth on Exhibit A hereto and (ii) agreed to pay to the Executive a cash bonus, as further set forth on
Exhibit A hereto (collectively, the “Signing Bonus”). 
 2.4      Benefit
Plans: During the Term, the Executive shall be entitled to participate in the employee health and welfare and pension benefits programs offered generally by the Company to its executive employees, to the extent that the
Executive’s position, tenure, salary, health, and other qualifications make the Executive eligible to participate. Such plans currently include, without limitation, the Company’s medical, dental, life, disability and long-term care
insurance plans, its executive paid-time off policy, as well as its executive deferred compensation plan, 401(k) retirement plan and flexible spending plan, and reimbursement of annual executive physical costs and financial and estate planning fees
of up to $3,000 and $2,000, respectively, annually. The Executive’s participation in such benefits shall be subject to the terms of the applicable plans, as the same may be amended from time to time. The Company does not guarantee the adoption
or continuance of any particular employee benefit or benefit plan during the Term, and nothing in this Agreement is intended to, or shall in any way restrict the right of the Company, to amend, modify or terminate any of its benefits or benefit
plans during the Term. 
 2.5      Fiscal 2022 Awards. The Executive will be eligible to
receive the following awards having a nominal value, at target, of $2,000,000 under the Company’s 2019 Stock Incentive Plan (the “2019 Stock Plan”). 
  

	 	2.5.1	 Time-Based Restricted Stock Award. The Executive will be eligible to receive a performance
award for the 2022 fiscal year, payable in time-based restricted stock, in accordance with the terms of the 2019 Stock Plan and the Company’s standard form of time-based restricted stock award agreement, when the Committee meets in March or
April of 2021 with respect to the 2022 fiscal year annual awards. The specific number of restricted shares to be issued following the completion of the 2022 fiscal year will be based upon the achievement by the Executive of certain mutually agreed
business objectives for the 2022 fiscal year. The target value of such award shall be $800,000, to be determined as of the date of grant, using the closing price per share of the Company’s Common Stock on the NASDAQ Global Select Market on such
date. The actual number of shares of restricted stock issued to the Executive will depend upon 

  
 APOG CEO Emp. Agmt 

EXECUTION COPY 
 4 

	 	 
achievement of the mutually agreed business objectives, and could range from 0% to 200% of the target award. All such awarded shares shall vest in three equal, annual installments, with the first
vesting to occur on the first anniversary of the date of issuance. Dividends with respect to the restricted shares will accrue during the three-year vesting period, and will be paid only as and when the corresponding shares of restricted stock vest.

  

	 	2.5.2	 Fiscal 2022 Performance-Based Award. The Executive will be eligible to receive a
performance award in accordance with the terms of the 2019 Stock Plan and the Company’s standard form of performance-based award agreement, when the Committee meets in March or April of 2021 with respect to the 2022-2024 fiscal years
performance cycle. The target value of this award shall be $1,200,000, measured as of the date of grant. The actual award may be more or less than the target, depending on achievement, over the full three-year performance period, of the business
objectives determined by the Committee at the time of grant. The actual award to be made shall be in the range of 0% to 200% of the target award, and the shares of Common Stock (if any) that are issued at the end of the three-year performance period
will be immediately vested. If there are multiple goals, the weighting assigned to each goal and the threshold, target and maximum performance levels will be defined by the Committee at the meeting referenced above. Dividend equivalent amounts with
respect to the shares (if any) underlying this award will accrue during the three-year performance period and will be paid only on shares earned as of the end of the performance period. The value of the award may be paid in cash, shares of the
Company’s Common Stock, or a combination of both, as determined by the Committee or the Board. 

2.6      Additional Equity Grants. The Executive will be eligible for consideration for
additional grants of equity in the Company beginning with the fiscal year 2022 Company equity grant cycle (as set forth in Section 2.5 above), and in conformity with the practices and procedures of the Committee as in effect at such time.
During the Term, the Executive shall be entitled to participate in the equity plans offered generally by the Company to its executive employees, to the extent that the Executive’s position, tenure, salary and other qualifications make the
Executive eligible to participate. In addition to the Stock Plan, such plans include the employee stock purchase plan of the Company. 

2.7      Stock Ownership Guidelines. The Executive shall use commercially reasonable
efforts to comply with the Company’s stock ownership guidelines for its executive officers, as such guidelines may be amended from time to time. For the Chief Executive Officer and President, those guidelines encourage stock ownership, within
five years of becoming such an officer, of an amount of stock equal in value to five times such officer’s base salary. Stock ownership calculation shall be determined in accordance with the terms of the Company’s stock ownership
guidelines. 
 2.8      Expenses. During the Term, the Executive shall be entitled to
reimbursement for all reasonable business expenses he incurs in carrying out his duties under this Agreement in 

  
 APOG CEO Emp. Agmt 

EXECUTION COPY 
 5 

 
accordance with the policies and practices of the Company for submission of expense reports, receipts, or similar documentation of such expenses as in effect from time to time by the Company.

 ARTICLE III: TERMINATION OF EMPLOYMENT 

3.1        Termination. The Executive’s employment under this Agreement may
be terminated during the Term as described in this Article III. 
 3.1.1    Death or Disability.
The Executive’s employment shall terminate automatically upon the Executive’s death. The Executive’s employment shall terminate in the event the Executive becomes “Totally Disabled.” For purposes of this Agreement,
“Totally Disabled” means “totally disabled” as defined in the Company’s group long-term disability plan applicable to senior executives as in effect on the Commencement Date, and as may be amended from time to time
thereafter. 
 3.1.2    Termination by the Company for Cause. The Company may terminate this
Agreement and the Executive’s employment hereunder for Cause at any time after providing written notice to the Executive. For purposes of this Agreement, “Cause” means: 

 

	 	(a)	 the failure or refusal of the Executive to perform substantially the Executive’s duties hereunder (other
than as a result of total or partial incapacity due to physical or mental illness) including any breach of the Executive’s obligations under Section 1.3 hereof and any breach of the Executive’s fiduciary duties to the Company
(including the Executive’s appropriation or attempted appropriation of a material business opportunity of the Company); 

  

	 	(b)	 the engaging by the Executive in intentional or willful misconduct which is materially injurious to the
reputation, business, financial condition or business relationships of the Company or the Executive’s reputation or business relationships; 

  

	 	(c)	 perpetration of an intentional fraud against or affecting the Company or any customer, supplier, client, agent,
or executive thereof; 

  

	 	(d)	 conviction (including conviction on a nolo contendere plea) of a felony or any crime involving fraud,
dishonesty or moral turpitude (such as, acts that are inherently base, vile or depraved); or 

  

	 	(e)	 the breach of any covenant set forth in Article IV or V hereof; 

provided, however that: 
  

	 	(i)	 a termination pursuant to clauses (b) or (c) shall not become effective unless the Company has delivered
written notice to the Executive describing Executive’s actions constituting “Cause” and the Executive has 

  
 APOG CEO Emp. Agmt 

EXECUTION COPY 
 6 

	 	 
failed to convince the Board within fifteen business (15) days thereafter that his actions did not constitute “Cause” as described in such notice; and 

 

	 	(ii)	 a termination pursuant to clauses (a) or (e) above, if susceptible of cure, shall not become effective
unless the Executive fails to cure such failure to perform or breach within forty-five (45) days after written notice from the Company identifying what reasonable actions shall be required to cure such failure to perform. 

3.1.3    Termination by the Company without Cause. The Company may terminate this Agreement and the
Executive’s employment hereunder for any reason or no reason at any time after providing written notice to the Executive. If the Company terminates the Executive’s employment for any reason other than Cause, then the terms of
Section 3.2.3 shall apply. 
 3.1.4    Termination by the Executive For Good Reason. The
Executive may terminate his employment for Good Reason during the Term. For purposes of this Agreement, “Good Reason” means: 
  

	 	(a)	 except with the Executive’s consent, which shall not be unreasonably withheld, conditioned or delayed, the
removal from the Executive of a position or duties which represents a material diminution in the Executive’s authority, duties or responsibilities (other than the hiring of a President, who would report to the Executive), excluding for this
purpose any insubstantial or inadvertent actions which are remedied by the Company promptly after receipt of written notice thereof given by the Executive to the Chair of the Board; 

 

	 	(b)	 any material reduction in the Executive’s aggregate compensation and incentive opportunities (other than a
reduction that applies generally to all senior executive officers of the Company); 

  

	 	(c)	 the failure by the Board to nominate the Executive as a candidate to serve as a member of the Board;

  

	 	(d)	 a requirement to relocate his principal residence to a location other than the Twin Cities metropolitan region;
or 

  

	 	(e)	 the material breach by the Company of any of its obligations under this Agreement. 

The Executive shall have Good Reason to terminate his employment if (i) within forty-five (45) days following the Executive’s
actual knowledge of the event which the Executive determines constitutes Good Reason, he notifies the Company in writing that he has determined a Good Reason exists and specifies the event creating Good Reason, (ii) following receipt of such
notice, the Company fails to remedy such event within forty-five (45) days, and (iii) the Executive terminates his employment within thirty (30) days after the end of such cure 

  
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period. If any of the conditions is not met, the Executive shall not have a Good Reason to terminate his employment. 

3.1.5    Continuation of Provisions. Notwithstanding any termination of the Executive’s
employment with the Company, the Executive, in consideration of the Executive’s employment hereunder to the date of employment termination (the “Termination Date”), shall remain bound by the provisions of this Agreement which
specifically relate to periods, activities or obligations upon or subsequent to the termination of the Executive’s employment, including, but not limited to, the covenants contained in Articles IV and V hereof. 

3.1.6    Surrender of Records and Property. Upon any termination of the Executive’s employment
with the Company, the Executive shall deliver promptly to the Company the Executive’s security access card, and any Company-issued laptop, iPad, telephone or similar electronic device, and all records, manuals, books, blank forms, documents,
letters, memoranda, notes, notebooks, reports, computer disks, computer software, computer programs (including source code, object code, on-line files, documentation, testing materials and plans and reports),
designs, drawings, formulae, data, tables or calculations or copies thereof, which are the property of the Company or any Company Affiliate or which relate in any way to the business, products, practices or techniques of the Company or any Company
Affiliate, and all other property, trade secrets and “Confidential Information” (as defined in Section 4.1) of the Company or any Company Affiliate, including, but not limited to, all tangible, written, graphical, machine
readable and other materials (including all copies) which in whole or in part contain any trade secrets or Confidential Information of the Company or any Company Affiliate which in any of these cases are in the Executive’s possession or under
the Executive’s control. This includes all copies or specimens in the Executive’s possession, whether prepared or made by others or the Executive. Upon any termination of the Executive’s employment, the Executive shall also refrain
from accessing the Company’s files via computer or modem. The Executive shall acknowledge in writing the return of all such materials, when requested to do so by the Company. 

Notwithstanding the foregoing, the Executive shall be entitled to retain one copy of this Agreement, any stock option, restricted stock,
performance-based award or other plan or agreement with the Company pursuant to which the Executive retains any rights at the Termination Date, and documentation provided to the Executive during his employment relating to such compensation or
benefits. 
 3.2        Compensation Following Termination of Employment. Upon
the termination of the Executive’s employment with the Company, the Executive shall be entitled only to the following compensation and benefits upon such termination: 

3.2.1    Termination by Reason of the Executive’s
Death or Total Disability. In the event that the Executive’s employment is terminated by reason of the Executive’s death or Total Disability, then the Company shall pay the following amounts to the Executive, the
Executive’s spouse or his estate, as the case may be: (a) any amounts due to the Executive for Annual Base Salary through the date of employment termination, together with (b) any other unpaid amounts to which the Executive is
entitled as of the Termination Date pursuant to Article 

  
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II of this Agreement, including, without limitation, amounts that the Executive is entitled to under any benefit plan of the Company in accordance with the terms of such plan. 

Except as otherwise set forth above (or in any applicable award agreement between the Company and the Executive which is in effect on the
Termination Date hereunder), the Executive will have no rights to any unvested benefits or any other compensation or payments coming due after the Termination Date. 

3.2.2    Termination by the Company for Cause or by the Executive Without Good
Reason. If the Executive’s employment is terminated by the Company for Cause or the Executive voluntarily terminates employment without Good Reason, the Company shall pay to the Executive (a) any Annual Base Salary earned
but not paid through the Termination Date, plus (b) the amount of any other benefits to which the Executive is legally entitled as of the Termination Date under the terms and conditions of any benefit plans of the Company in which the Executive
is participating as of the Termination Date. The Company shall have no further obligations under this Agreement. 

3.2.3     Termination by the Executive for Good Reason or by the Company Without Cause. In the event
that the Executive’s employment is terminated by the Executive for Good Reason or by the Company without Cause, and provided that the Executive has executed a written release to the Company in substantially the same form attached hereto
as Exhibit B and the rescission period specified therein has expired, the Company shall, within forty-five (45) days of the Termination Date, pay the following amounts to the Executive; provided, however, that, if the 45-day period begins in one calendar year and ends in a second calendar year, the such severance payment shall be paid in the second calendar year: 

 

	 	(a)	 as severance, an amount equal to the Executive’s then-current Annual Base Salary, payable in equal
installments, in accordance with the Company’s regular payroll practices. 

  

	 	(b)	 at the cost and expense of the Company, continued medical and dental insurance coverage for Executive and
Executive’s eligible dependents on the same basis as in effect immediately prior to the Termination Date, for the earlier to occur of a period of twelve (12) months from the Termination Date and the date on which Executive becomes eligible
for similar benefits from a successor employer; 

  

	 	(c)	 Automatic acceleration of any unvested shares of the “Retention Grant” (as defined in Exhibit A) in
accordance with the terms of the award agreement with respect to such Retention Grant; 

  

	 	(d)	 any Annual Base Salary earned but not paid through the Termination Date; 

 

	 	(e)	 any reimbursable expenses incurred prior to the Termination Date by the Executive in accordance with
Section 2.8 that have not been reimbursed by the Company as of the Termination Date; 

  
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	 	(f)	 any compensation previously earned, paid to and deferred by the Executive (including any earnings thereon
accrued to an account designated for the benefit of the Executive) in accordance with the terms and conditions of any deferred compensation plan of the Company in which the Executive is participating as of the Termination Date, in all cases, to the
extent such deferred compensation and/or earnings thereon have vested as of the Termination Date; and 

  

	 	(g)	 any other unpaid amounts to which the Executive is entitled as of the Termination Date pursuant to Article II
of this Agreement, including, without limitation, amounts that the Executive is entitled to under any benefit plan of the Company in accordance with the terms of such plan. 

3.2.4     Group Life Insurance Continuation at Employment Termination. In addition to the foregoing
compensation payable at employment termination, the Executive shall have the right to continue, at the Executive’s expense, to participate in Apogee’s group life insurance program for the legally required period following the Termination
Date. 
 3.2.5     No Other Compensation or Continuing Benefits. For the avoidance of doubt, the parties
acknowledge and agree that, after the Termination Date, the Executive shall not continue to participate in any benefit or retirement plans of the Company, except with respect to balances of deferred accounts, if any, existing in any such plan as of
the Retirement Date. 
 Except as otherwise specifically set forth in this Section 3.2, the Company shall have no further obligations to pay any
compensation of any kind to the Executive after his Termination Date under this Agreement. 

3.3        No Other Benefits. If the Executive receives the payments and benefits
described in this Article III, the Executive will not be eligible to receive from the Company or any Affiliate any other severance or termination payments or benefits of any kind, including but not limited to those provided in Article II of this
Agreement. Furthermore, this Agreement is not intended to provide the Executive with payments or benefits that are duplicative or overlap payments or benefits that will be paid or provided to the Executive under other agreements between the
Executive and the Company or its Affiliates. Accordingly, except as provided herein, the Executive acknowledges that this Agreement shall supersede and replace in their entirety any and all other policies and/or agreements to which the Executive and
the Company or any of its Affiliates are a party that provide severance or continuation of income payments to the Executive or the Executive’s family following the Termination Date, except the Change in Control Severance Agreement dated
as of the date hereof (the “CIC Severance Agreement”). This Agreement will be superseded and replaced in its entirety by the CIC Severance Agreement on the “Effective Date” (as defined therein) or upon the termination,
prior to the Effective Date, of the Executive’s employment by (i) the Company without Cause or (ii) the Executive for Good Reason, where the effect of such termination is to entitle the Executive to receive the benefits described in
Sections 4 and 5 of the CIC Severance Agreement as a result of the occurrence of event or circumstances described in Section 2(b)(iii) of the CIC Severance Agreement. 

  
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 ARTICLE IV: CONFIDENTIAL INFORMATION 

4.1      Nondisclosure. At all times during the Executive’s employment and after the
Termination Date, the Executive will hold in the strictest confidence and will not disclose, use, lecture upon or publish any of the Company’s Confidential Information, except as such disclosure, use or publication may be required in connection
with the Executive’s work for the Company, unless the Company expressly authorizes such disclosure in writing, or except as set forth in Section 4.2. The Executive will obtain the Company’s written approval before publishing or
submitting for publication any material (written, verbal or otherwise) that relates to the Executive’s work at the Company and/or incorporates any Confidential Information. The Executive hereby assigns to the Company any and all rights, title
and interest the Executive may have or acquire in the Confidential Information and recognizes that all of the Confidential Information is and shall be the sole property of the Company and its successors and assigns. 

As used herein, “Confidential Information” means information that was developed, created, or discovered by or on behalf of the Company or any
of its Affiliates, or which became or will become known by, or was or is conveyed to the Company, which has commercial value in the Company’s business. “Confidential Information” includes, but is not limited to, customer and
mailing lists, cost and pricing information, employee data, financial data, business plans, sales and marketing plans, business acquisition or divestiture plans, strategic plans (whether long-term or short-term), research and development activities
relating to existing commercial activities and new products, services and offerings under active consideration, software programs, and trade secrets which the Executive may have acquired during the course of his employment with the Company or its
Affiliates or which is received in confidence by or for the Company from any other person. The foregoing obligation shall not apply to (i) any information which was known to the Executive prior to disclosure to him by the Company or any of its
Affiliates; (ii) any information which was in the public domain prior to its disclosure to the Executive; (iii) any information which comes into the public domain through no fault of the Executive; (iv) any information which the
Executive is required to disclose by a court or similar authority or under subpoena, provided that the Executive provides the Company with notice thereof and assists, at the Company’s or its Affiliates sole expense, any reasonable
endeavor of the Company or any of its Affiliates by appropriate means to obtain a protective order limiting the disclosure of such information; and (v) any information which is disclosed to the Executive by a third party which has a legal right
to make such disclosure. 
 4.2      Legally Mandated Disclosure Exception. Notwithstanding
anything in this Article IV to the contrary, nothing in this Agreement shall be deemed to prevent the Executive from providing information about the Company to, or otherwise participating in any investigation or proceeding conducted by, the U.S.
Equal Opportunity Employment Commission, U.S. National Labor Relations Board, the U.S. Occupational Health and Safety Administration, U.S. Securities and Exchange Commission or any other comparable state or local agency nor from disclosing
Confidential Information as may be required by applicable law or regulation, or pursuant to the valid order or subpoena of a court of competent jurisdiction or an authorized governmental agency, provided that, the disclosure does not exceed
the extent of disclosure required by such law, regulation, order or subpoena. 

  
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 ARTICLE V: NON-COMPETITION,
NON-SOLICITATION NON-HIRE AND NON-DISPARAGEMENT 

5.1      Non-Competition Covenant. In consideration
of the financial and other benefits described in this Agreement, the Executive agrees that, during the period commencing on the Commencement Date and ending on the date that is two (2) years after the Termination Date (without regard for the
reason for such termination and whether such termination is occasioned by the Company or the Executive), the Executive shall not, directly or indirectly, and in any manner or capacity (e.g., as an advisor, principal, agent, partner, officer,
manager, director, investor, shareholder, employee, member of any association or otherwise), engage in any business activities that are competitive with any of the businesses conducted, or planned to be conducted, by the Company or any Company
Affiliate during the one-year period ending on the Termination Date. 

5.2      Geographical Extent of Covenant. The Executive acknowledges that the Company
directly, or indirectly through the Company Affiliates, currently is engaged in business throughout North America and South America, including each county, state and province thereof. Consequently, the Executive agrees that his obligations under
this Article V shall apply in any market in North America or South America in which: (a) the Company or, as applicable, a Company Affiliate(s), operates during the one-year period described in the last
two lines of Section 5.1; and (b) the Company or, as applicable, a Company Affiliate(s), has plans to enter on the date the Executive ceases to be employed by the Company. 

5.3      Limitation on Covenant. Ownership by the Executive, as a passive investment, of
less than one percent (1%) of the outstanding shares of capital stock of any corporation listed on a national securities exchange or publicly traded in the
over-the-counter market shall not constitute a breach of this Article V. 

5.4      Non-Solicitation And
Non-Hire. The Executive agrees that, for a period of two (2) years after the Termination Date, without regard for the reason for such termination (and whether occasioned by the
Company or the Executive), the Executive shall not, except with the prior written consent of the Company: (a) hire or attempt to hire for employment any person who is employed by the Company or a Company Affiliate, or attempt to influence any
such person to terminate employment with the Company or any Company Affiliate; (b) induce or attempt to induce any employee of the Company or any Company Affiliate to work for, render services to, provide advice to, or supply confidential
business information or trade secrets of the Company or any Company Affiliate to any third person, firm or corporation; or (c) induce or attempt to induce any customer, supplier, licensee, licensor or other business relation of the Company or
any Company Affiliate to cease or reduce doing business with the Company or such Company Affiliate, or in any way interfere with the relationship between any such customer, supplier, licensee, licensor or other business relation and the Company or
any Company Affiliate. Nothing herein shall prohibit the Executive from general advertising for personnel not specifically targeting any employee or other personnel of the Company, or from hiring any such employee or other personnel responding to
such general advertising. 
 The foregoing limitations shall not apply with respect to: (i) any former employee of the Company whose
employment terminated prior to the Commencement Date, or (ii) any employee of the Company whose employment is terminated after the Commencement Date and prior to the 

  
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Termination Date, so long as at least six (6) months have passed between the Termination Date and the date of any action by the Executive set forth in the first sentence of this
Section 5.4. 
 5.5      Non-Disparagement.
During and after the Term: 
 (a)      the Executive agrees not to make any remarks (whether in public or
private) knowingly or intentionally disparaging the Company or any Company Affiliate, or their respective products, services, officers, director or employees, whether past or current, including any present, former or future director, officer,
employee or agent of the Company or any Company Affiliate. The provisions of this Section 5.5(a) shall not apply to any truthful statement(s) required to be made by the Executive or by any representative of the Executive in any legal proceeding
or governmental (including all agencies thereof) or regulatory filing, investigation or proceeding; and 

(b)      the Company agrees that none of its Senior Representatives (as defined below) will make any remarks
(whether in public or private) knowingly or intentionally disparaging the Executive. The provisions of this Section 5.5(b) shall not apply to any truthful statement(s) required to be made by the Company or by any representative of the Company
in any legal proceeding or governmental (including all agencies thereof) or regulatory filing, investigation or proceeding. For purposes of this Section 5.5(b), the term “Senior Representatives” shall mean each of the
Company’s directors and its Chief Financial Officer, General Counsel, Vice President Human Resources, and Vice President and Treasurer. 
 ARTICLE
VI: DISPUTE RESOLUTION PROCESS 
 6.1      Dispute Defined. The Company and the
Executive desire to establish a reasonable and confidential means of resolving any dispute, question or interpretation arising out of or relating to (i) this Agreement or the alleged breach or threatened breach of it, (ii) the making of
this Agreement, including claims of fraud in the inducement, (iii) the Executive’s employment by the Company pursuant to this Agreement, including claims of wrongful termination or discrimination, or (iv) any activities by the
Executive restricted by Articles IV and V of this Agreement following the cessation of his employment with the Company (each such dispute to be referred to herein as a “Dispute”). 

6.2      Procedure. In furtherance of the parties’ mutual desire, the Company and the
Executive agree that if either party believes a Dispute exists, that party shall provide the other with written notice of the claimed Dispute. Upon receipt of that written notice, the following procedure shall be the exclusive means of fully and
finally resolving the Dispute. First, within thirty (30) days of the other party receiving that notice, the Executive and appropriate representatives of the Company and/or Board will meet to attempt to resolve amicably the Dispute. Second, if a
mutually agreeable resolution is not reached within thirty (30) days following the parties’ first meeting, the parties will engage in mediation with a mutually agreeable neutral mediator, said mediation to be held within forty-five
(45) days of the final meeting between the Executive and representatives of the Company and/or Board. The Company shall pay the fees and expenses of the mediator. Third, if the Dispute is not resolved through mediation within thirty
(30) days, the Dispute shall be resolved exclusively by final and 

  
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binding arbitration held in accordance with the provisions of this Agreement and the American Arbitration Association (“AAA”) National Rules for the Resolution of Employment Disputes
then in effect, unless such rules are inconsistent with the provisions of this Agreement. In connection with such arbitration: 
  

	 	(a)	 Any such arbitration shall be conducted: (i) by a neutral arbitrator appointed by mutual agreement of the
parties; or (ii) failing such agreement, by a neutral arbitrator appointed in accordance with said AAA rules; 

  

	 	(b)	 The parties shall be permitted reasonable discovery in accordance with the provisions of the Minnesota Rules of
Civil Procedure, including the production of relevant documents by the other party, the exchange of witness lists, and a limited number of depositions, including depositions of any expert who will testify at the arbitration; 

 

	 	(c)	 The arbitrator’s award shall include findings of fact and conclusions of law showing the legal and factual
basis for the arbitrator’s decision, which decision shall be final and binding upon the parties; 

  

	 	(d)	 The arbitrator shall have the authority to award to the prevailing party any remedy or relief that a United
States District Court or court of the State of Minnesota could order or grant if the dispute had first been brought in that judicial forum, including costs and attorneys’ fees; 

 

	 	(e)	 The arbitrator’s award may be entered as a judgment by any court of competent jurisdiction; and

  

	 	(f)	 Unless otherwise agreed by the parties, the place of any arbitration proceeding shall be Minneapolis,
Minnesota. 

 6.3      Confidentiality of Dispute Resolution. Except as
the parties shall agree in writing, upon court order, or as required by law or the rules of any applicable stock exchange on which the shares of Common Stock of the Company are then listed, neither the Company nor the Executive will disclose to any
third party, except for their counsel, retained experts and other persons directly serving counsel or retained experts, any fact or information in any way pertaining to the process of resolving a Dispute under this Article VI, or to the fact of or
any term that is part of a resolution or settlement of any Dispute. This prohibition on disclosure specifically includes, without limitation, any disclosure of an oral statement or of a written document made or provided by either the Executive or
the Company, or by any of its or his representatives, counsel or retained experts, or other persons directly serving any representatives, counsel or retained experts. 

6.4      Right to Injunctive Relief. The Executive acknowledges and agrees that the
services to be rendered by him hereunder are of a special, unique and extraordinary character, that it would be difficult to replace such services and that any violation of the Executive’s obligations under either Article IV or Article V would
be highly injurious to the Company and/or to any Company Affiliate and that it would be extremely difficult to compensate the Company and/or any Company Affiliate fully for damages for any such violation. Accordingly,

  
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notwithstanding the terms of this Article VI, the Company or any Company Affiliate, as the case may be, shall be entitled to seek, without the necessity of posting bond or proving any monetary
damages and without any requirement to engage in any dispute resolution process outlined in this Article VI, temporary and permanent injunctive relief from a court of law, in the event of violation by the Executive of any of his obligations under
any provision of either Article IV or Article V. This provision with respect to injunctive relief shall not, however, diminish the right of the Company, any Company Affiliate or the Executive to claim and recover damages, or to seek and obtain any
other relief available to it pursuant to the provisions of this Article VI. 
 ARTICLE VII: ASSIGNMENT; SUCCESSORS. 

7.1      Assignment. This Agreement is personal to the Executive and, without the prior written
consent of the Company, shall not be assignable by the Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive’s heirs, executors and administrators. 

7.2      Successors. This Agreement shall inure to the benefit of and be binding upon the Company
and its successors and assigns, provided that the Company may not assign this Agreement except in connection with the assignment or disposition of all or substantially all of the assets or shares of Common Stock of the Company, or by law as a
result of a merger or consolidation. 
 ARTICLE VIII: MISCELLANEOUS PROVISIONS 

8.1      Notices. All notices, requests, demands and other communications required by or otherwise
made with respect to the terms of this Agreement shall be in writing and shall be deemed to have been duly given to the other party (i) on the date delivered, when delivered personally, (ii) on the date delivered (if delivered during the
normal Company business day, and the next business day thereafter, if not) when delivered by email of a .pdf attachment (providing confirmation of transmission), (iii) one (1) business day following the date when sent by nationally recognized
overnight delivery service for next business day delivery, or (iv) three (3) business days following the date of postmark, if sent by first-class U.S. registered or certified mail, postage prepaid and return receipt requested, to the applicable
addresses set forth below; provided that these delivery periods will not extend any period of notice specifically set forth in this Agreement: 
  

	
	If to the Executive:
	
                          
      

                          
      

	
	If to the Company:
	 Apogee Enterprises, Inc.
4400 West 78th Street 
Suite 520 
Minneapolis,
Minnesota 55435 
Attention: General Counsel
 Email: melliott@apog.com

  
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 or to such other address as either party furnishes to the other in writing in accordance with this
Section 8.1. 
 Any party may change the address for the purpose of this Section 8.1 by giving the other written notice of the new
address in the manner set forth above. 
 8.2      Executives’ Representations, Warranties and
Covenants. The Executive hereby represents and confirms that he is under no contractual or legal commitments that would prevent him from fulfilling his duties and responsibilities as set forth in this Agreement, including without
limitation any employment, consulting, confidentiality, non-competition, trade secret or similar agreement to which the Executive is a party, nor any judgment, order, decision or decree to which the Executive
is subject. The Executive warrants he is free to enter into this Agreement and to perform the services contemplated herein. The Executive is not currently (and will not, to the best knowledge and ability of the Executive, at any time during
employment with the Company be) subject to any conflicting agreement, understanding, obligation, claim, litigation or condition from any third party. The Executive further agrees and covenants that he will not improperly use or disclose in
connection with the Executive’s employment with the Company any confidential, proprietary or trade secret information of any former employer or third party, and will not bring onto Company premises or copy onto Company equipment or systems any
unpublished documents, data or information of any former employer or third party. 

8.3      Enforceability. The parties intend that each of the covenants referenced in
Section 5 hereof shall be construed as a series of separate covenants, one for each state of the United States, one for each county of each state of the United States. To the extent any provision of this Agreement shall be determined to be
invalid or unenforceable in any jurisdiction, such provision shall be deemed to be deleted from this Agreement as to such jurisdiction only, and the validity and enforceability of the remainder of such provision and of this Agreement shall be
unaffected. In furtherance of and not in limitation of the foregoing, the Executive and the Company expressly agree that should the duration of, geographical extent of, or business activities covered by, any provision of this Agreement be in excess
of that which is valid or enforceable under applicable law in a given jurisdiction, then such provision, as to such jurisdiction only, shall be construed to cover only that duration, extent or activities that may validly or enforceably be covered.
The unenforceability of any covenant in Article V hereof shall not preclude the enforcement of any other of said covenants or provisions or of any other obligation of the Executive hereunder, and the existence of any claim or cause of action of the
Company against the Executive, whether predicated on the Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of any of said covenants. The Company and the Executive acknowledge the uncertainty of the law in this
area with respect to Article V hereof, and expressly stipulate that this Agreement is to be given the construction that renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable
law. 
 8.4      Taxes. Notwithstanding any other provision of this Agreement, the
Company shall withhold from any amount payable under this Agreement (including Exhibit A hereto) all federal, state, local and foreign taxes that are required to be withheld by applicable laws or regulations, or that are consistent with the
Company’s prevailing practice. 

  
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 8.5      Governing Law, Construction, and
Severability. The validity, interpretation, performance and enforcement of this Agreement shall be governed by the laws of the State of Minnesota. In the event any provision of this Agreement shall be held illegal or invalid for any reason,
said illegality or invalidity shall not in any way affect the legality or validity of any other provision of this Agreement. It is the intention of the parties hereto that the Company be given the broadest possible protection respecting its
Confidential Information and trade secrets and respecting competition by the Executive following the Executive’s separation from the Company. 

8.6      Venue; Waiver of Jury Trial. Each of the Executive and the Company irrevocably agrees
that any action at law, suit in equity or judicial proceeding arising directly, indirectly or otherwise in connection with, out of, related to or from this Agreement or any provision hereof shall be litigated exclusively in the State of Minnesota,
Hennepin County District Court, or the United States District Court for the District of Minnesota, and waives any objection to such jurisdiction and venue. The Executive waives any right the Executive may have to transfer or change the venue of any
litigation brought against the Executive by the Company. To the fullest extent permitted under applicable law, each of the Executive and the Company expressly waives any and all rights to a jury trial with respect to any dispute arising out of or in
connection with this Agreement. 
 8.7      Entire Agreement. This Agreement (together with the
Exhibits attached hereto and the other agreements between the Company and the Executive referenced herein) is the final, complete and exclusive agreement of the parties with respect to the subject matter hereof and supersedes all prior discussions
between the Company and the Executive regarding the subject matter hereof. No modification of, or amendment to, this Agreement, nor any waiver of either party’s rights under this Agreement, will be effective unless in writing and signed by both
parties. Any subsequent change or changes in the Executive’s duties, obligations, salary or compensation will not affect the validity or scope of this Agreement. 

8.8      Counterparts. This Agreement may be simultaneously executed in any number of
counterparts, and such counterparts executed and delivered, each as an original, shall constitute but one and the same instrument. The exchange of a fully executed Agreement (in counterparts or otherwise) by electronic delivery in .pdf format shall
be sufficient to bind the parties to the terms and conditions of this Agreement. 
 8.9      Captions
and Headings. The captions and paragraph headings used in this Agreement are for convenience of reference only, and shall not affect the construction or interpretation of this Agreement or any of the provisions hereof. 

8.10    Survivability. The provisions of this Agreement that by their terms call for performance
subsequent to termination of the Executive’s employment under this Agreement, or of this Agreement, shall so survive such termination. For purposes of clarification and not in limitation of the foregoing sentence, the parties acknowledge and
agree that (a) Articles IV, V, VI and VIII, and Section 3.1.6 shall survive the termination of this Agreement, and (b) Section 3.2.3(c) shall survive through the fifth anniversary of the Commencement Date. 

  
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 8.11    Waiver. No waiver by the Company or the
Executive of any breach or violation of this Agreement shall be a waiver of any preceding or succeeding breach or violation. No waiver by the Company or the Executive of any right under this Agreement shall be construed as a waiver of any other
right hereunder. Except as otherwise provided in Section 3.1.2 or Section 3.1.4, neither the Company nor the Executive shall be required to give notice to enforce strict adherence to any of the terms or conditions of this Agreement. 

8.12    Advice of Counsel. The Executive acknowledges that he has been provided the opportunity to seek, and
has obtained, the advice of counsel in connection with the negotiation and execution of this Agreement. 

8.13    No Strict Construction. Each of the Executive and the Company acknowledges and agrees that the
language used in this Agreement and the other agreements referred to herein is, and shall be deemed to be, the language chosen by the parties to express their mutual intent, and no rule of strict construction shall be applied against either party
hereto. Each party hereto has participated in the drafting of this Agreement, which each party acknowledges is the result of extensive negotiations between the parties. If an ambiguity or question of intent or interpretation arises, this Agreement
shall be construed as if drafted jointly by the parties, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provision. 

8.14    Legal and Consulting Fees. The Company shall reimburse the Executive for the reasonable, and
appropriately documented, fees and expenses of legal counsel, compensation consultants and tax and accounting advisers to the Executive in connection with the negotiation and execution of this Agreement, up to a maximum total reimbursement of
$25,000. 
 8.15    Section 409A Compliance. 

(a)      The parties believe that, if amounts are paid at the time or times indicated in this Agreement, the
payments will not be required to be delayed for six months under 409(a)(2)(B) of the Internal Revenue Code of 1986, as amended (the “Code”). Notwithstanding anything to the contrary in this Agreement, however, if, at the time of the
Executive’s “separation from service” within the meaning of Section 409A of the Code, the Company determines that the Executive is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code,
then, to the extent any payment or benefit that the Executive becomes entitled to under this Agreement on account of the Executive’s separation from service would be considered deferred compensation subject to the 20 percent additional tax
imposed pursuant to Section 409A(a) of the Code as a result of the application of Section 409A(a)(2)(B)(i) of the Code, such payment shall not be payable and such benefit shall not be provided until the date that is the earlier of
(A) six months and one day after the Executive’s separation from service, or (B) the Executive’s death. 

(b)      To the extent that any payment or benefit under or pursuant to this Agreement is payable upon the
Executive’s termination of employment, then such payments or benefits shall be payable only upon the Executive’s “separation from service” to the extent necessary to comply with Section 409A of the Code. The determination of
whether and when a “separation from service” has occurred shall be made in accordance with the presumptions set forth in 

  
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Treasury Regulation Section 1.409A 1(h). Each payment made under this Agreement shall be treated as a separate payment for purposes of Section 409A of the Code. 

(c)      The parties intend that this Agreement will be administered in accordance with Section 409A of the
Code. To the extent that any provision of this Agreement is ambiguous as to its compliance with Section 409A of the Code, the provision shall be read in such a manner so that all payments hereunder comply with Section 409A of the Code. The
parties agree that this Agreement may be amended, as reasonably requested by either party, and as may be necessary to comply fully with Section 409A of the Code and all related rules and regulations in order to preserve the payments and
benefits provided hereunder. 
 (d)      The Company makes no representation or warranty and shall have no
liability to the Executive or any other person if any provisions of this Agreement are determined to constitute deferred compensation subject to Section 409A of the Code but do not satisfy an exemption from, or the conditions of, such Section.

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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
above written. 
  

	
	EXECUTIVE
	
	  /s/Ty R. Silberhorn
	Ty R. Silberhorn
	
	APOGEE ENTERPRISES, INC.

			
		
	By	 	/s/ Donald A. Nolan
		 	Donald A. Nolan
		 	 Director and Non-Executive Chair

    of the Board of Directors of

    Apogee Enterprises, Inc.

  
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 EXHIBIT A 

SIGNING BONUS 

A.        Sign-On Equity Awards: Subject to entering into the award
agreement for the following awards, the Board hereby awards to the Executive, effective as of the Commencement Date, the following equity award in connection with the commencement of his duties as Chief Executive Officer and President. All such
stock awards are being made as “inducement grants” pursuant to NASDAQ Global Select Market Listing Rule 5635(c)(4): 

1.        Time-Based Restricted Stock (the “Retention Grant”): Executive will
receive restricted shares of Company Common Stock valued at $1,400,000, using the closing price per share of the Company’s Common Stock as reported on the NASDAQ Global Select Market on the date of grant. The award will vest in two increments
over a five-year period, with the first increment, of $500,000, vesting on the second anniversary of the Commencement Date, and the second increment, of $900,000, vesting on the fifth anniversary of the Commencement Date. The shares of restricted
stock will include the right to receive dividends (to accrue until vesting), in accordance with the terms of the related award agreement. As more fully set forth in the award agreement, upon termination due to death, disability, termination not for
Cause or by Executive for Good Reason, the vesting of unvested shares shall accelerate, and upon a Change in Control, all unvested shares shall immediately vest. Dividends with respect to the restricted shares will accrue during the vesting periods
and will be paid only on shares vested as of the end of each vesting period. 
 B.        Cash Bonus: The
Board hereby agrees to cause the Company to pay to the Executive, in connection with the commencement of his duties as Chief Executive Officer and President, a cash bonus of $300,000 the “Cash Bonus”), of which $200,000 shall be
payable on the first Company payroll date following the Commencement Date, and $100,000 of which shall be payable on the first Company payroll date following the first anniversary of the Commencement Date; provided that, the Executive
continues to be employed as Chief Executive Officer and President of the Company on such payment date. If the Executive resigns or is terminated by the Company for Cause prior to (i) the first anniversary of the Commencement Date, the Executive
will be required to repay the $200,000 cash bonus amount (net of any amounts withheld by the Company to pay taxes, and of all other taxes paid thereon by the Executive) to the Company, or (ii) the second anniversary of the Commencement Date,
the Executive will be required to repay the $100,000 cash bonus amount (net of any amounts withheld by the Company to pay taxes and of all other taxes paid thereon by the Executive) to the Company, in each case, within two business days of his
termination of employment. 

  
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 EXHIBIT B 

Form of Release 

RELEASE 
 This Release
(“Release”) is entered into as of             , 20    , by and between Apogee Enterprises, Inc., a Minnesota corporation
(“Apogee”), and Ty R. Silberhorn (“Executive”), an individual residing in the State of Minnesota. 

1.        Release of Claims. In consideration of the promises, covenants and other valuable
consideration provided by Apogee under the Employment Agreement dated as of December 15, 2020, by and between Apogee and Executive (the “Employment Agreement”) and otherwise, Executive, on behalf of himself, his spouse,
successors, heirs, and assigns, and except as expressly set forth herein, hereby unconditionally and forever releases and discharges Apogee, including its parents, affiliates, subsidiaries, and business units, and their current or former
shareholders directors, officers, employees, agents, predecessors, successors, assigns, and insurers (collectively referred to as “Released Parties”) to the fullest extent permitted by law from any and all debts, demands, promises,
agreements, claims, causes of action, losses, obligations, liabilities, damages, judgments, costs, expenses (including, but not limited to, attorneys’ fees) of any nature whatsoever, known or unknown, contingent or non-contingent (collectively, “Claims”), that Executive had or has as of the date of this Release arising out of or in any way relating to Executive’s hiring, employment, or separation from
employment with Apogee, including but not limited to any Claims (i) under any federal, state or local law, regulation, rule or ordinance including, but not limited to, the Age Discrimination in Employment Act of 1967 (“ADEA”), 42
U.S.C. §§ 1981-1988, Title VII of the Civil Rights Act of 1964 (“Title VII”), the Equal Pay Act, the Employee Retirement Income Security Act of 1974 (“ERISA”), the National Labor Relations Act, the Occupational Safety
and Health Act (“OSHA”), the Family and Medical Leave Act of 1993 (“FMLA”), the Workers Adjustment and Retraining Notification Act (“WARN”), the Americans with Disabilities Act of 1990 (“ADA”), the Minnesota
Human Rights Act (“MHRA”), and any provision of the Minnesota or federal Constitutions; (ii) otherwise for retaliation; harassment; discrimination on any basis; or any related cause of action; as well as for salary, wages, severance
pay, vacation pay, sick pay, bonuses, benefits, pension, stock options, overtime, and any other compensation or benefit of any nature; (iii) grounded on contract or tort theories, including but not limited to claims for wrongful discharge,
breach of express or implied contract, implied covenant of good faith and fair dealing, intentional or negligent infliction of emotional distress, violation of public policy, conspiracy, invasion of privacy, tortious interference with contract or
current or prospective business relationships, promissory estoppel, breach of fiduciary or other duty, breach of manuals or other policies, assault, battery, fraud, false imprisonment, misrepresentation, defamation, including libel, slander, and
self-publication defamation, or (iv) any other claim of any kind whatsoever, including but not limited to any claim for damages or declaratory or injunctive relief of any kind. Furthermore, Executive relinquishes any right to re-employment with Apogee or the Released Parties. Executive also relinquishes any right to further payment or benefits under any employment agreement, benefit plan or severance arrangement maintained or previously
or subsequently maintained by Apogee or any of the Released Parties or any of its respective 

  
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predecessors or successors, except that he does not release any post-employment rights he has under the Employment Agreement or any plans referenced in that Agreement. Executive also does not
release his right to indemnification and advancement of expenses for defense under any agreement he has entered into with Apogee, under Apogee’s charter or by-laws or under any insurance policy maintained
by Apogee that is applicable to its current or former directors and officers, or under any applicable law relating to officers, directors or employees. 

2.        No Claims Against Released Parties. Executive warrants and represents
that he has not filed any claims, charges, complaints or actions against any Released Party, or assigned or transferred or purported to assign or transfer to any person or entity all or any part of or any interest in any claim released herein, and
covenants that to the fullest extent permitted by law, he will not sue or otherwise institute or cause to be instituted against Apogee or any of the Released Parties any claim, lawsuit or other legal or administrative proceeding that is related to
any matters released by Executive under Section 1 of this Release. Executive agrees that if he brings or asserts any such action or lawsuit, he shall pay all costs and expenses, including reasonable attorneys’ fees, incurred by Apogee or
the Released Parties in dismissing or defending the action or lawsuit. Executive further agrees that if any claim arising out of any act or omission occurring before Executive’s execution of this Release is prosecuted in his name before any
court or administrative agency that he waives and agrees not to take any award, damages or other individual relief (legal or equitable) from such claim to the fullest extent permitted by law. If any agency or court assumes jurisdiction of any
complaints, claims, or actions against any Released Party by or on behalf of Executive arising out of any act or omission occurring before Executive’s execution of this Release, Executive will request that the agency or court withdraw the
matter or dismiss the matter in its entirety, with prejudice, and will execute all necessary documents to effect such withdrawal and/or dismissal with prejudice. Nothing in this provision, however, shall be interpreted to prevent executive from:
(a) bringing a claim or lawsuit to enforce the terms of this Release or the post-employment rights provided in the Employment Agreement; (b) filing a charge with, or participating in any investigation conducted by, a governmental agency;
or (c) challenging or seeking a determination in good faith of the validity of Executive’s release under the ADEA; or (d) seeking or obtaining a U.S. Securities and Exchange Commission whistleblower award. 

3.        Rescission. Executive has been informed of his right to revoke this Release insofar
as it extends to potential claims under the ADEA by informing Apogee of his intent to revoke this Release within seven (7) calendar days following his execution of this Release. Executive has likewise been informed of his right to rescind this
Release insofar as it relates to potential claims under the Minnesota Human Rights Act by written notice to Apogee within fifteen (15) calendar days following his execution of this Release. Executive has further been informed and understands
that any such rescission must be in writing and hand-delivered to Apogee or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, to Apogee as set forth in Section 6 hereof. 

Executive and Apogee agree that if Executive exercises this right of rescission, this Release shall be null and void and Executive shall not receive or, if
received, shall return in full to Apogee any consideration paid or benefit provided in connection with this Release contemporaneously with the delivery of rescission notice. Executive specifically understands and agrees that (a) any

  
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attempt by him to revoke this Release after the specified period for rescission has expired is, or will be, ineffective; (b) if he exercises his right to rescind, then Apogee will have no
further obligations to him or to others whose rights derive from him to pay any severance or provide any future benefits under the Employment Agreement; (c) rescission by Executive will have no effect upon his separation from employment. 

4.        Breach of this Release. If a court of competent jurisdiction determines that
either party has breached or failed to perform any part of this Release, the parties agree that the non-breaching party shall be entitled to injunctive relief to enforce this Release and that the breaching
party shall be responsible for paying the non-breaching party’s costs and attorneys’ fees incurred in enforcing this Release. 

5.        Severability. Whenever possible, each provision of this Release shall be interpreted
in such a manner as to be effective and valid under applicable law and to carry out each provision herein to the greatest extent possible, but if any provision of this Release is held to be void, invalid, illegal or for any other reason
unenforceable, the parties agree that the validity, legality and enforceability of the remaining provisions of this Release will not be affected or impaired thereby, and will be interpreted so as to effect, as closely as possible, the intent of the
parties hereto. 
 6.        Notices. All notices and other communications hereunder will be
in writing. Any notice or other communication hereunder shall be deemed duly given if it is sent by registered or certified mail, return receipt requested, postage prepaid, and addressed to the intended recipient as set forth: 

If to Executive: To his current residence address maintained in Apogee’s records. 

If to Apogee: 
 Apogee
Enterprises, Inc. 
 4400 West 78th Street 

Suite 520 
 Minneapolis,
Minnesota 55435 
 Attention: General Counsel 

Any party may send any notice or other communication hereunder to the intended recipient at the address set forth using any other means (including personal
delivery, expedited courier, messenger services, facsimile, ordinary mail or electronic mail), but no such notice or other communication shall be deemed to have been duly given unless and until it is actually received by the intended recipient. Any
party may change the address to which notices and other communications hereunder are to be delivered by giving the other party notice in the manner set forth herein. 

7.        Choice of Law. This Release shall be deemed performable by all parties in, and venue
shall be in the state or federal courts located in, Hennepin County, Minnesota, and the 

  
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construction and enforcement of this Release shall be governed by Minnesota law without regard to its conflict of laws rules. 

8.        Binding Effect of Release. This Release shall be binding upon Executive and his
heirs, administrators, representatives, executors, successors and permitted assigns. 

9.        Time to Sign and Return Release. Executive acknowledges and agrees that he first
received the original of this Release on or before             , 20    . Executive also understands and agrees that he has been given at least 21 calendar
days from the date he first received this Release to obtain the advice and counsel of the legal representative of his choice and to decide whether to sign it. Executive acknowledges that he has been advised and has sought the advice of his own
counsel. No separation payments or other post-employment rights or benefits provided by the Employment Agreement shall become due until Executive has executed this Release and all rescission periods set forth herein have passed. Executive represents
and agrees that he has thoroughly discussed all aspects and effects of this Release with his attorney, that he has had a reasonable time to review this Release, that he fully understands all the provisions of this Release and that he is voluntarily
entering into this Release. 
 BY SIGNING THIS RELEASE, EXECUTIVE ACKNOWLEDGES THAT HE HAS CAREFULLY READ THIS RELEASE, THAT HE UNDERSTANDS ALL OF ITS
TERMS, AND THAT HE IS ENTERING INTO IT KNOWINGLY AND VOLUNTARILY. HE FURTHER ACKNOWLEDGES THAT HE IS AWARE OF HIS RIGHTS TO REVIEW AND CONSIDER THIS RELEASE FOR 21 DAYS AND TO CONSULT WITH AN ATTORNEY ABOUT IT, AND STATES THAT BEFORE SIGNING THIS
RELEASE, HE HAS EXERCISED THESE RIGHTS TO THE FULL EXTENT THAT HE DESIRED. HE ALSO ACKNOWLEDGES THAT HE WILL BE RECEIVING BENEFITS THAT HE WOULD NOT OTHERWISE BE ENTITLED TO RECEIVE EXCEPT BY VIRTUE OF HIS ENTERING INTO THIS RELEASE. 

 

	
	DATE:                                     
                       
	
	EXECUTIVE
	
	                                      
                              
	Ty R. Silberhorn

  
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