Document:

Employment Agreement

 Exhibit 10.1 
 Execution Copy 
 EXECUTIVE EMPLOYMENT AGREEMENT 
 This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of January 3, 2008 by and between Alex Braverman (the
“Executive”) and Monotype Imaging Inc., a Delaware corporation (the “Company”). 
 W I T N E S S E T H: 

WHEREAS, the Company desires to employ the Executive, and the Executive desires to obtain employment with the Company; 
 NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, the parties hereto agree as follows: 
 1. Effective Date; Employment. Subject to the provisions of Section 6, the Company agrees to employ Executive and Executive agrees to become
an employee and perform services for the Company, upon the terms and conditions hereinafter set forth. 
 2. Term of Employment.
Subject to the provisions of Section 6, the term of Executive’s employment pursuant to this Agreement commenced on and as of November 28, 2007 (the “Effective Date”) and shall terminate on the first anniversary of the
Effective Date (such period, the “Term”). Notwithstanding the foregoing, but subject to the provisions of Section 6, the Term shall automatically extend for an additional year on each anniversary of the Effective Date unless either
party provides written notice to the other party within thirty (30) days of the date on which the Term would expire that he or it chooses not to extend the Term. 
 3. Duties; Extent of Service. During Executive’s employment under this Agreement, Executive (a) shall serve as an employee of the Company with the title and position of Vice President of Finance,
reporting to the Chief Financial Officer of the Company; provided, however, that Executive was elected to the office of Vice President of Finance by the Board of Directors of the Company effective January 1, 2008, (b) shall have
such executive responsibilities consistent with the foregoing title and position as the Chief Financial Officer of the Company shall from time to time designate, provided that, in all cases Executive shall be subject to the oversight and
supervision of the Chief Financial Officer in the performance of his duties, (c) upon the request of the Board of Directors or the Chief Financial Officer, shall serve as an officer and/or director of any of the Company’s subsidiaries, and
(d) shall render all services reasonably incident to the foregoing. Executive hereby accepts such employment, agrees to serve the Company in the capacities indicated, and agrees to use Executive’s reasonable best efforts in, and shall
devote Executive’s full working time, attention, skill and energies to, the advancement of the interests of the Company and its subsidiaries and the performance of Executive’s duties and responsibilities hereunder. The foregoing, however,
shall not be construed as preventing Executive from 

 
(i) engaging in religious, charitable or other community or non-profit activities, or (ii) managing Executive’s personal investments and
business interests, in each case in a manner that does not impair Executive’s ability to fulfill Executive’s duties and responsibilities under this Agreement (the activities described in clauses (i) and (ii), the “Permitted
Activities”). 
 4. Salary and Bonus. 
 (a) During Executive’s employment under this Agreement, the Company shall pay Executive a salary at the annual rate of $205,000 per annum (the “Base Salary”). Such Base Salary shall be subject to
withholding under applicable law, shall be pro rated for partial years and shall be payable in periodic installments in accordance with the Company’s usual payroll practice for executive officers of the Company as in effect from time to time.

 (b) For each one-year calendar period or portion thereof during Executive’s employment under this Agreement, Executive shall be
eligible to participate in any bonus or other performance plan established by the Board of Directors from time to time for senior management of the Company. 
 5. Benefits. 
 (a) During Executive’s employment under this Agreement, Executive shall be
entitled to participate in any and all medical, pension, profit sharing, dental and life insurance plans and disability income plans, retirement arrangements and other employment benefits, including option plans, as in effect from time to time for
senior management of the Company generally. Such participation shall be subject to (i) the terms of the applicable plan documents (including, as applicable, provisions granting discretion to the Board of Directors of the Company or any
administrative or other committee provided for therein or contemplated thereby), and (ii) generally applicable policies of the Company. Executive shall be eligible to participate in all such plans and other benefits as of the Effective Date.

 (b) During Executive’s employment under this Agreement, Executive shall receive paid vacation annually in accordance with the
Company’s practices for executive officers, as in effect from time to time. 
 (c) The Company shall promptly reimburse Executive for
all reasonable business expenses incurred by Executive during Executive’s employment hereunder in accordance with the Company’s practices for senior executive officers of the Company, as in effect from time to time. 
 (d) Except to the extent expressly provided in this Agreement, compliance with the provisions of this Section 5 shall in no way create or be deemed
to create any obligation, express or implied, on the part of the Company or any of its affiliates with respect to the continuation of any particular benefit or other plan or arrangement maintained by them or their subsidiaries as of or prior to the
Effective Date or the creation and maintenance of any particular benefit or other plan or arrangement at any time after the Effective Date. 
  

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 6. Termination and Termination Benefits. Notwithstanding the provisions of Section 2,
Executive’s employment under this Agreement shall terminate under the following circumstances set forth in this Section 6. 
 (a)
Termination by the Company for Cause. Executive’s employment under this Agreement may be terminated for cause without further liability on the part of the Company or any affiliate thereof effective immediately upon a vote of the Board of
Directors of the Company or determination by the Chief Financial Officer and written notice to Executive. Only the following shall constitute “cause” for such termination: 
 (i) any act, whether or not involving the Company or any of its affiliates or their respective businesses, of fraud, gross misconduct or
harassment that materially and adversely affects the Company; 
 (ii) any act of dishonesty, deceit or illegality, in any such
case, materially and adversely affecting the Company; 
 (iii) the conviction of Executive of, or indictment of Executive for
(A) a felony, or (B) any misdemeanor involving moral turpitude (“indictment”, for these purposes, meaning an indictment, or determination of probable cause in a probable cause hearing or any other similar procedure pursuant to
which an initial determination of probable cause with respect to such offense is made), if, in the case of an indictment, such indictment has material adverse affect on the Company; 
 (iv) the commission, in the reasonable judgment of the Board of Directors of the Company, of an act involving a violation of procedures or
policies of the Company which are material to the Company; 
 (v) a material and sustained failure of Executive to perform the
duties and responsibilities assigned or delegated under this Agreement, which such failure continues for thirty (30) days after written notice has been given to the Executive by the Board of Directors or the Chief Financial Officer;

 (vi) gross negligence or willful misconduct by Executive that materially and adversely affects the Company; or 

(vii) a material breach by Executive of any of Executive’s obligations under Section 7 below. 
 (b) Termination by Executive Other than for Good Reason. Executive’s employment under this Agreement may be terminated by Executive without
further liability on the part of Executive (other than with respect to those provisions of this Agreement expressly surviving such termination) by written notice to the Board of Directors at least sixty (60) days prior to such termination.

  

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 (c) Termination by Executive for Good Reason. Subject to the payment of Termination Benefits
pursuant to Section 6(e) below, Executive’s employment under this Agreement also may be terminated by Executive for Good Reason (as defined below) (which termination must be within one hundred twenty (120) days of the occurrence of
the event or events giving rise to such Good Reason) by written notice to the Board of Directors setting forth such Good Reason and giving the Company a reasonable period of time, not less than ten (10) business days, to eliminate and cure such
Good Reason. For purposes of this Agreement, “Good Reason” shall mean the occurrence of any of the following events: (i) a substantial adverse change in the nature or scope of the Executive’s responsibilities, authorities,
powers, functions or duties under this Agreement; (ii) a reduction in the Executive’s annual Base Salary, except for an across-the-board salary reduction similarly affecting all or substantially all management employees; or (iii) a
requirement by the Company (not consented to by the Executive) that the Executive be based anywhere other than fifty (50) miles from Woburn, Massachusetts; or (iv) the breach by the Company of any of its material obligations under this
Agreement, but only after notice by the Executive to the Company of such breach and the Company’s failure to cure such breach within thirty (30) days of receipt of such notice. It is expressly agreed and understood that if Executive’s
employment is terminated by Executive for Good Reason as provided in this Section 6(c), it shall not impair or otherwise affect Executive’s Continuing Obligations (as defined below). It is further expressly agreed and understood that if
the Company elects not to extend the Term as provided in Section 2 above, such election shall be deemed a termination upon expiration of the Term of the Executive’s employment under this Agreement without cause under this Section 6(d)
and shall entitle the Executive to payment of the Termination Benefits pursuant to Section 6(e). 
 (d) Termination by the Company
Without Cause. Subject to the payment of Termination Benefits pursuant to Section 6(e), Executive’s employment under this Agreement may be terminated without cause by the Company by a vote of the Board of Directors of the Company or
determination by the Chief Financial Officer upon written notice to Executive. It is expressly agreed and understood that if Executive’s employment is terminated by the Company without cause as provided in this Section 6(d), it shall not
impair or otherwise affect Executive’s Continuing Obligations. 
 (e) Certain Termination Benefits. Unless otherwise specifically
provided in this Agreement or otherwise required by law, all compensation and benefits payable to Executive under this Agreement shall terminate on the date of termination of Executive’s employment under this Agreement. Notwithstanding the
foregoing, in the event of termination of Executive’s employment with the Company pursuant to Section 6(c) or Section 6(d) above, the Company shall provide to Executive the following termination benefits (“Termination
Benefits”): 
 (i) continuation of salary at a rate equal to one-hundred (100%) of Executive’s Base Salary as
in effect on the date of termination for a period of twelve months from the date of termination (payment shall be subject to withholding under applicable law and shall be made in periodic installments in accordance with the Company’s usual
payroll practice for executive officers of the Company as in effect from time to time); 
  

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 (ii) continuation of group health plan benefits during the twelve months in which
Executives is receiving payments pursuant to subsection (i) above, to the extent authorized by and consistent with 29 U.S.C. § 1161 et seq. (commonly known as “COBRA”), with the cost of the regular premium for such
benefits shared in the same relative proportion by the Company and Executive as in effect on the date of termination; and 
 (iii) payment of the bonus that the Executive would have been entitled to receive under the bonus or other performance plan referred to in Section 4(b) had his employment not been terminated, pro rated for the number of days the
Executive was employed by the Company during the relevant period. Such payment shall be made to the Executive at the time bonuses under such plan are generally paid to other participants. 
 The Company shall have the right to terminate all of the Termination Benefits set forth in Section 6(e)(i) and Section 6(e)(ii) in the event that Executive
fails to comply in any material respect with Executive’s Continuing Obligations under this Agreement. The Company’s liability for Base Salary continuation pursuant to Section 6(e)(i) shall be reduced by the amount of any severance pay
paid to Executive pursuant to any severance pay plan of the Company. Notwithstanding the foregoing, nothing in this Section 6(e) shall be construed to affect Executive’s right to receive COBRA continuation entirely at Executive’s own
cost to the extent that Executive may continue to be entitled to COBRA continuation after Executive’s right to cost sharing under Section 6(e)(ii) ceases. The Company and Executive agree that the Termination Benefits paid by the Company to
Executive under this Section 6(e) shall be in full satisfaction, compromise and release of any claims arising exclusively out of any termination of Executive’s employment pursuant to Section 6(c) or Section 6(d), and that the
payment of the Termination Benefits shall be contingent upon Executive’s delivery of a general release effectuating such full satisfaction, compromise and release, in favor of the Company and its affiliates of any and all claims, which general
release shall be effective upon termination of employment and shall be in a form reasonably satisfactory to the Company, it being understood that no Termination Benefits shall be provided unless and until Executive executes and delivers such
release. 
 (f) Disability. If Executive shall be deemed disabled under the Company’s then existing long-term disability plan,
the Board of Directors or the Chief Financial Officer may remove Executive from any responsibilities and/or reassign Executive to another position with the Company for the remainder of the Term or during the period of such disability.
Notwithstanding any such removal or reassignment, Executive shall continue to receive Executive’s full Base Salary (less any disability pay or sick pay benefits to which Executive may be entitled under the Company’s policies) and benefits
under Section 5 of this Agreement (except to the extent that Executive is ineligible for one or more such benefits under applicable plan terms) for a period of up to twelve (12) months, and Executive’s employment may be terminated by
the Company at any time thereafter. In the event of such termination, the Executive is entitled to receive payment of the bonus that the Executive would have been entitled to receive under the bonus or other performance plan referred to in
Section 4(b) had his employment not been terminated, pro rated for the number of days the Executive was employed by the Company during the relevant period. Such payment shall be made to the Executive at the same time bonuses 

  

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under such plan are generally paid to other participants. In the event of such termination, the Company shall have no further obligations except to make
Executive’s accrued Base Salary and benefit payments contemplated by this Section 6(f) through the date of such termination. If any question shall arise as to whether during any period Executive is disabled so as to be unable to perform
the essential functions of Executive’s then existing position or positions with or without reasonable accommodation, Executive may, and at the request of the Company shall, submit to the Company a certification in reasonable detail by a
physician (local to the Company’s principal offices) selected by the Company to whom Executive or Executive’s guardian has no reasonable objection as to whether Executive is so disabled or how long such disability is expected to continue,
and such certification shall for the purposes of this Agreement be conclusive of the issue. Executive shall cooperate with any reasonable request of the physician in connection with such certification. If such question shall arise and Executive
shall fail to submit such certification, the Company’s determination of such issue shall be binding on Executive. Nothing in this Section 6(e) shall be construed to waive Executive’s rights, if any, under existing law including,
without limitation, the Family and Medical Leave Act of 1993, 29 U.S.C. §2601 et seq. and the Americans with Disabilities Act, 42 U.S.C. §12101 et seq. 
 (g) Death. Executive’s employment and all obligations of the Company hereunder shall terminate in the event of the death of the Executive
other than any obligation to pay earned but unpaid Base Salary. 
 (h) Continuing Obligations. Notwithstanding termination of this
Agreement as provided in this Section 6 or any other termination of Executive’s employment with the Company, Executive’s obligations under Section 7 hereof (collectively, the “Continuing Obligations”) shall survive any
termination of Executive’s employment with the Company at any time and for any reason. 
 7. Confidentiality; Proprietary Rights;
Non-Competition. 
 (a) In the course of performing services on behalf of the Company (for purposes of this Section 7 including all
predecessors of the Company) and its affiliates, Executive has had and from time to time will have access to Confidential Information (as defined below). Executive agrees (i) to hold the Confidential Information in strict confidence,
(ii) not to disclose the Confidential Information to any person (other than in the regular business of the Company or its affiliates), and (iii) not to use, directly or indirectly, any of the Confidential Information for any purpose other
than on behalf of the Company and its affiliates or in connection with the Permitted Activities. All documents, records, data, apparatus, equipment and other physical property, whether or not pertaining to Confidential Information, that are
furnished to Executive by the Company, its affiliates or any subsidiary thereof or are produced by Executive in connection with Executive’s employment will be and remain the sole property of the Company, its affiliates or such subsidiary, as
applicable. Upon the termination of Executive’s employment with the Company and its subsidiaries for any reason and as and when otherwise requested by the Company, all Confidential Information (including, without limitation, all data,
memoranda, customer lists, notes, programs and other papers and items, and reproductions thereof relating to the foregoing matters) in Executive’s possession or control, shall be immediately returned to the Company. The term “Confidential
Information” shall mean 

  

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all information pertaining to the Company, its affiliates or any subsidiary thereof which is not publicly available or the disclosure of which could result
in a competitive or other disadvantage to the Company, its affiliates or any subsidiary thereof. Confidential Information may include information, whether or not patentable or copyrightable, in written, oral, electronic or other tangible or
intangible forms, stored in any medium, including, by way of example and without limitation, trade secrets, ideas, concepts, designs, configurations, specifications, drawings, blueprints, diagrams, models, prototypes, samples, flow charts processes,
techniques, formulas, software, improvements, inventions, data, know-how, discoveries, copyrightable materials, marketing plans and strategies, sales and financial reports and forecasts, cost and performance data, debt arrangements, equity
structure, purchasing and sales data, price lists, customer lists, studies, reports, records, books, contracts, instruments, surveys, computer disks, diskettes, tapes, computer programs, corporate information, including, by way of example and
without limitation, policies, resolutions, negotiations or litigation, operational information, personnel information and business plans, prospects and opportunities (such as possible acquisitions or dispositions of businesses or facilities) which
have been discussed or considered by the management of the Company, its affiliates or any subsidiary thereof (and of which Executive has knowledge). Confidential Information includes information developed by Executive in the course of
Executive’s employment by the Company and its subsidiaries, as well as other information to which Executive may have access in connection with Executive’s employment. Confidential Information also includes the confidential information of
others with which the Company, its affiliates or any subsidiary thereof has a business relationship. Notwithstanding the foregoing, Confidential Information does not include information in the public domain, unless due to breach of Executive’s
duties under this Section 7(a). 
 (b) Executive hereby confirms that Executive is not bound by the terms of any agreement that
restricts in any way Executive’s use or disclosure of information relevant to the business or activities in which the Company or its subsidiaries are currently engaged in (“Company Business”) or Executive’s engagement in any
business. Executive represents to the Company that Executive’s execution of this Agreement, Executive’s employment with the Company and the performance of Executive’s proposed duties for the Company will not violate any obligations
Executive may have to any other party. In Executive’s work for the Company, Executive will not disclose or make use of any information in violation of any agreements with or rights of any such other party, and Executive will not bring to the
premises of the Company any copies or other tangible embodiments of non-public information belonging to or obtained from any such previous employment or other party. 
 (c) During and after Executive’s employment, Executive shall reasonably cooperate with the Company in the defense, procurement, maintenance and enforcement of (i) any claims or actions (other than those
brought by Executive) now in existence or which may be brought in the future against or on behalf of the Company, its affiliates or any subsidiary thereof that relate to events or occurrences that transpired while Executive was employed by the
Company, and (ii) Intellectual Property Rights (as defined below) in Company-Related Developments (as defined below). Executive’s full cooperation in connection with such claims or actions shall include, but not be limited to, being
available to meet with counsel to prepare for discovery or trial and to act as a witness at mutually convenient times but shall not include, for any period after the Executive’s employment with the Company has terminated, any activities that
materially interfere with the Executive’s new employment obligations. During and after Executive’s employment, 

  

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Executive also shall reasonably cooperate in connection with any investigation or review of any federal, state or local regulatory authority as any such
investigation or review relates to events or occurrences that transpired while Executive was employed by the Company (to the extent such cooperation does not conflict with or impair Executive’s legal rights in connection with any such matter).
Executive will sign all papers, including, without limitation, copyright applications, patent applications, declarations, oaths, assignments of priority rights, and powers of attorney, which the Company may reasonably deem necessary or desirable in
order to protect its rights and interests in any Company-Related Development. If the Company is unable, after reasonable effort, to secure Executive’s signature on any such papers, Executive hereby irrevocably designates and appoints each
officer of the Company as Executive’s agent and attorney-in-fact to execute and file any such papers on Executive’s behalf as the Company may deem reasonably necessary or desirable in order to properly assign to the Company all rights and
interests of Executive in any Company-Related Development. The Company shall reimburse Executive for any reasonable out-of-pocket expenses incurred in connection with Executive’s performance of obligations pursuant to this
Section 7(c). 
 (d) Executive recognizes that the Company and its affiliates possess a proprietary interest in all of the information
described in Section 7(a) and have the right and privilege to use, protect by copyright, patent or trademark, or otherwise exploit the processes, ideas and concepts described therein to the exclusion of Executive, except as otherwise agreed
between the Company and Executive in writing and subject to Executive’s ability to participate in the Permitted Activities. Executive expressly agrees that all work performed by Executive is on a “work for hire” basis, and Executive
hereby does assign and transfer, and will assign and transfer, to the Company and its successors and assigns all of Executive’s right, title and interest in all works of authorship, speeches, products, developments, inventions, discoveries,
improvements, and creative works (whether or not able to be protected by copyright, patent or trademark) created during Executive’s employment with the Company that (i) relate to the business of the Company or any subsidiary thereof or any
client of the Company or any subsidiary thereof or any of the products or services being researched, developed, manufactured or sold by the Company or any subsidiary thereof or which may be used with such products or services, (ii) result from
tasks assigned to Executive by the Company or any subsidiary thereof; or (iii) result in any material manner from the use of premises or personal property (whether tangible or intangible) owned, leased or contracted for by the Company or any
subsidiary thereof (collectively, “Company-Related Developments”), and all related patents, patent applications, trademarks and trademark applications, copyrights and copyright applications, and other intellectual property rights in all
countries and territories worldwide and under any international conventions (“Intellectual Property Rights”). Executive further agrees that any and all Company-Related Developments shall be promptly disclosed to the Company. 
 (e) Executive agrees, while he is employed by the Company, to offer or otherwise make known or available to it, as directed by the Board of Directors of
the Company without additional compensation or consideration, any business prospects, contracts or other business opportunities that Executive may discover, find, develop or otherwise have available to Executive that relate to the Company Business
and further agrees that any such prospects, contacts or other business opportunities shall be the property of the Company. 
  

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 (f) The Executive hereby agrees that during the period commencing on the date hereof and ending on the
date that is two years (or one year, if the Executive’s employment has terminated pursuant to Section 6(c) or 6(d) above) following the date of the termination of the Executive’s employment with the Company or with any of its
subsidiaries, the Executive will not, without the express written consent of the Company, directly or indirectly, anywhere in the United States or in any foreign country in which the Company (or any subsidiary) has conducted business, is conducting
business or, to the Executive’s knowledge, is presently contemplating conducting business, engage in any activity which is competitive with any of the business, activities, products or services conducted or offered by the Company or its
subsidiaries during any period in which the Executive serves as an officer or employee of the Company or any of its subsidiaries, or participate or invest in, or provide or facilitate the provision of financing to, or assist (whether as owner,
part-owner, shareholder, member, partner, director, officer, trustee, employee, agent or consultant, or in any other capacity), any business, organization or person other than the Company (or any subsidiary or affiliate of the Company), and
including any such business, organization or person involving, or which is, a family member of the Executive, whose business, activities, products or services are competitive with any of the business, activities, products or services conducted or
offered by the Company or its subsidiaries during any period in which the Executive serves as an officer or employee of the Company or any of its subsidiaries. Without implied limitation, the foregoing covenant shall be deemed to prohibit
(a) hiring or engaging or attempting to hire or engage for or on behalf of the Executive or any such competitor any officer or employee of the Company or any of its direct and/or indirect subsidiaries, or any former employee of the Company and
any of its direct and/or indirect subsidiaries who was employed during the six (6) month period immediately preceding the date of such attempt to hire or engage, other than by general solicitation through advertisements, (b) encouraging
for or on behalf of the Executive or any such competitor any such officer or employee to terminate his or her relationship or employment with the Company or any of its direct or indirect subsidiaries, other than by general solicitation through
advertisements, (c) soliciting for or on behalf of Executive or any such competitor any client of the Company or any of its direct or indirect subsidiaries, or any former client of the Company or any of its direct or indirect subsidiaries and
affiliates who was a client during the six (6) month period immediately preceding the date of such solicitation to purchase any product or service competitive with any product or service offered by the Company or, to the knowledge of the
Executive, planned to be offered by the Company and (d) diverting to any person (as hereinafter defined) any client or business opportunity of the Company or any of any of its direct or indirect subsidiaries. 
 Notwithstanding anything herein to the contrary, the Executive may make passive investments in any enterprise the shares of which are publicly traded if
such investment constitutes less than two percent (2%) of the equity of such enterprise. 
 Neither the Executive nor any business
entity controlled by the Executive is a party to any contract, commitment, arrangement or agreement which could, following the date hereof, restrain or restrict the Company or any subsidiary of the Company from carrying on its business or restrain
or restrict the Executive from performing his employment obligations, and as of the date of this 

  

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Agreement the Executive has no business interests whatsoever in or relating to the industries in which the Company or its subsidiaries currently engage, and
other than passive investments in the shares of public companies of less than two percent (2%). 
 (g) Executive acknowledges that the
provisions of this Section 7 are integral parts of Executive’s employment arrangements with the Company. 
 8. Parties in
Interest; Certain Remedies. It is specifically understood and agreed that this Agreement is intended to confer a benefit, directly or indirectly, on the Company, its affiliates and their direct and indirect subsidiaries, and that any breach of
the provisions of this Agreement by Executive will result in irreparable injury to the Company, its affiliates and their direct and indirect subsidiaries, that the remedy at law alone will be an inadequate remedy for such breach and that, in
addition to any other remedy it may have, the Company, its affiliates and their direct and indirect subsidiaries shall be entitled to enforce the specific performance of this Agreement by Executive through both temporary and permanent injunctive
relief without the necessity of posting a bond or proving actual damages, but without limitation of their right to damages and any and all other remedies available to them, it being understood that injunctive relief is in addition to, and not in
lieu of, such other remedies. 
 9. Dispute Resolution. 
 (a) Without limitation of Section 8, all disputes, claims, or controversies arising out of or relating to this Agreement or any other agreement executed and delivered pursuant to this Agreement or the
negotiation, validity or performance hereof and thereof or the transactions contemplated hereby and thereby, or the rights and obligations of the parties hereunder or thereunder, that are not resolved by mutual agreement shall be resolved solely and
exclusively by binding arbitration to be conducted before JAMS/Endispute, Inc. or its successor. The arbitration shall be held in Boston, Massachusetts before a single arbitrator and shall be conducted in accordance with the rules and regulations
promulgated by JAMS/Endispute, Inc. unless specifically modified herein. 
 (b) The parties covenant and agree that they will use their
reasonable best efforts to cause the arbitration shall commence within one hundred twenty (120) days of the date on which a written demand for arbitration is filed by any party hereto (the “Filing Date”). In connection with the
arbitration proceeding, the arbitrator shall have the power to order the production of documents by each party and any third-party witnesses. In addition, each party may take up to three depositions as of right, and the arbitrator may in his or her
discretion allow additional depositions upon good cause shown by the moving party. However, the arbitrator shall not have the power to order the answering of interrogatories or the response to requests for admission. In connection with any
arbitration, each party shall provide to the other, no later than seven (7) business days before the date of the arbitration, the identity of all persons that may testify at the arbitration and a copy of all documents that may be introduced at
the arbitration or considered or used by a party’s witness or expert. The parties shall use their reasonable best efforts to cause the arbitrator’s decision and award shall be made and delivered within one hundred eighty (180) days of
the Filing Date. The arbitrator’s decision shall set forth a reasoned basis for any 

  

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award of damages or finding of liability. The arbitrator shall not have power to award damages in excess of actual compensatory damages and shall not
multiply actual damages or award punitive damages or any other damages that are specifically excluded under this Agreement, and each party hereby irrevocably waives any claim to such damages. 
 (c) The parties covenant and agree that they will participate in the arbitration in good faith and that they will, except as provided below,
(i) bear their own attorneys’ fees, costs and expenses in connection with the arbitration, and (ii) share equally in the fees and expenses charged by JAMS/Endispute, Inc. The arbitrator may in his or her discretion assess costs and
expenses (including the reasonable legal fees and expenses of the prevailing party) against any party to a proceeding. Any party unsuccessfully refusing to comply with an order of the arbitrators shall be liable for costs and expenses, including
attorneys’ fees, incurred by the other party in enforcing the award. This Section 9(c) applies equally to requests for temporary, preliminary or permanent injunctive relief, except that in the case of temporary or preliminary injunctive
relief any party may proceed in court without prior arbitration for the purpose of avoiding immediate and irreparable harm or to enforce the provisions of Section 7. 
 (d) Without limitation of Section 8, each of the parties hereto irrevocably and unconditionally consents to the exclusive jurisdiction of JAMS/Endispute, Inc. to resolve all disputes, claims or controversies
arising out of or relating to this Agreement or any other agreement executed and delivered pursuant to this Agreement or the negotiation, validity or performance hereof and thereof, or the transactions contemplated hereby and thereby, or the rights
and obligations of the parties hereunder or thereunder, and further consents to the sole and exclusive jurisdiction of the courts of the Commonwealth of Massachusetts for the purposes of enforcing the arbitration provisions of Section 9 of this
Agreement. Each party further irrevocably waives any objection to proceeding before JAMS/Endispute, Inc. based upon lack of personal jurisdiction or to the laying of venue and further irrevocably and unconditionally waives and agrees not to make a
claim in any court that arbitration before JAMS/Endispute, Inc. has been brought in an inconvenient forum. Each of the parties hereto hereby consents to service of process by registered mail at the address to which notices are to be given. Each of
the parties hereto agrees that its or his submission to jurisdiction and its or his consent to service of process by mail is made for the express benefit of the other parties hereto. 
 10. Notices. All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given if
delivered personally or mailed by certified or registered mail (return receipt requested) as follows: 
  

					
	To the Company:	  	500 Unicorn Park Drive	  	
		  	Woburn, MA 01801	  	
		  	Attention: President	  	
		  	Copy to: General Counsel	  	
		  	Facsimile No.: (781) 970-6003	  	
			
		  	To Executive: Alex Braverman	  	
		  	Facsimile No.: (781) 970-6001	  	

 or to such other address of which any party may notify the other parties as provided above. Notices shall be
effective as of the date of such delivery or mailing. 
  

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 11. Scope of Agreement. The parties acknowledge that the time, scope, geographic area and other
provisions of Section 7 have been specifically negotiated by sophisticated parties and agree that all such provisions are reasonable under the circumstances of the transactions contemplated hereby, and are given as an integral and essential
part of the transactions contemplated hereby. Executive has independently consulted with counsel and has been advised in all respects concerning the reasonableness and propriety of the covenants contained herein, with specific regard to the business
to be conducted by Company and its subsidiaries and affiliates, and represents that the Agreement is intended to be, and shall be, fully enforceable and effective in accordance with its terms. 
 12. Severability. In the event that any covenant contained in this Agreement shall be determined by any court of competent jurisdiction to be
unenforceable by reason of its extending for too great a period of time or over too great a geographical area or by reason of its being too extensive in any other respect, it shall be interpreted to extend only over the maximum period of time for
which it may be enforceable and/or over the maximum geographical area as to which it may be enforceable and/or to the maximum extent in all other respects as to which it may be enforceable, all as determined by such court in such action. 

13. Insurance; Indemnification. The Company shall maintain directors and officers liability insurance with such coverage and other terms and
conditions as the Board of Directors shall in good faith deem appropriate for the Company. The Company shall also indemnify Executive to the maximum extent permitted under applicable law against all liabilities and expenses, including amounts paid
in satisfaction of judgments, in compromise, or as fines and penalties, and counsel fees, reasonably incurred by Executive in connection with the defense or disposition of any civil, criminal, administrative or investigative action, suit or other
proceeding, whether civil or criminal, in which he may be involved or with which he may be threatened, while an officer or director of the Company or any of its subsidiaries or thereafter, by reason of Executive’s being or having been an
officer or director of the Company or any of its subsidiaries. Expenses (including attorney’s fees) incurred by Executive in defending any such action, suit or other proceeding shall be paid by the Company in advance of the final disposition of
such action suit, or proceeding upon receipt of any undertaking by or on behalf of Executive to repay such amount if it shall be ultimately determined that he is not entitled to be indemnified by the Company. The right of indemnification provided
herein shall not be exclusive of or affect any other rights to which Executive may be entitled. The provisions hereof shall survive expiration or termination of this Agreement for any reason whatsoever. 
 14. Miscellaneous. This Agreement shall be governed by and construed under the laws of the Commonwealth of Massachusetts, without consideration of
its choice of law provisions, and shall not be amended, modified or discharged in whole or in part except by an agreement in writing signed by both of the parties hereto. The failure of either of the parties to require the performance of a term or
obligation or to exercise any right under this Agreement or the waiver of any breach hereunder shall not prevent subsequent enforcement of such term or obligation or exercise of such right or the enforcement at any time of any other right hereunder
or be 

  

 12 

 
deemed a waiver of any subsequent breach of the provision so breached, or of any other breach hereunder. This Agreement shall inure to the benefit of, and be
binding upon and assignable to, successors of the Company by way of merger, consolidation or sale and may not be assigned by Executive. This Agreement supersedes and terminates all prior understandings and agreements between the parties (or their
predecessors) relating to the subject matter hereof. For purposes of this Agreement, the term “person” means an individual, corporation, partnership, association, trust or any unincorporated organization; a “subsidiary” means any
corporation more than 50 percent of whose outstanding voting securities, or any partnership, joint venture or other entity more than 50 percent of whose total equity interest, is directly or indirectly owned by such person; and an
“affiliate” of a person shall mean, with respect to a person or entity, any person or entity which directly or indirectly controls, is controlled by, or is under common control with such person or entity. 
 [Remainder of Page Intentionally Left Blank] 
  

 13 

 IN WITNESS WHEREOF, the parties have executed this Employment Agreement under seal as of the date first
set forth above. 
  

			
	COMPANY:
	
	MONOTYPE IMAGING INC.
		
	By:	 	 /s/ Jacqueline D. Arthur

	Name:	 	Jacqueline D. Arthur
	Title:	 	Senior Vice President and Chief Financial Officer
	
	EXECUTIVE
	
	 /s/ Alex N. Braverman

	Alex N. BravermanForm of Change in Control Severance Agreement

 Exhibit 10.1 
 CHANGE IN CONTROL SEVERANCE AGREEMENT 
 THIS CHANGE IN CONTROL SEVERANCE AGREEMENT is made effective
as of the 2nd day of January, 2008, between Apogee Enterprises, Inc., a Minnesota corporation, with its principal offices at Wells Fargo Financial Center, 7900 Xerxes Avenue South, Suite 1800, Minneapolis, Minnesota 55431 (the
“Company”) and                          (“Executive”), residing at
                        , Minnesota 554    . 
 WITNESSETH THAT: 
 WHEREAS, this
Agreement is intended to specify the financial arrangements that the Company will provide to Executive upon Executive’s separation from employment with the Company and all subsidiaries of the Company (collectively, the “Apogee
Entities”) under any of the circumstances described herein; and 
 WHEREAS, this Agreement is entered into by the Company in the
belief that it is in the best interests of the Company and its shareholders to provide stable conditions of employment for Executive notwithstanding the possibility, threat or occurrence of certain types of change in control, thereby enhancing the
Company’s ability to attract and retain highly qualified people. 
 NOW, THEREFORE, to assure the Company that it will have the
continued dedication of Executive notwithstanding the possibility, threat or occurrence of a bid to take over control of the Company, and to induce Executive to remain in the employ of the Apogee Entities, and for other good and valuable
consideration, the Company and Executive agree as follows: 
 1. Term of Agreement. The term of this Agreement shall commence on the
date hereof as first written above and shall continue through December 31, 2008; provided that commencing on January 1, 2009 and each January 1 thereafter, the term of this Agreement shall automatically be extended for one additional
year unless, not later than September 30 of the preceding year, the Board of Directors of the Company (a majority of which, at such time, shall be composed of Continuing Directors) shall have authorized, by majority vote, management of the
Company to give notice to Executive, and the Company shall have given such notice, that the Company does not wish to extend this Agreement; and provided, further, that, notwithstanding any such notice by the Company not to extend, this Agreement
shall continue in effect for a period of 24 months beyond the term provided herein if a Change in Control (as defined in Section 3(a) hereof) shall have occurred during such term. 
 2. Termination of Employment. 
 (a)
Prior to a Change in Control. Prior to a Change in Control, any Apogee Entity may terminate Executive from employment with such Apogee Entity at will, with or without Cause (as defined in Section 3(c) hereof), at any time.
Executive’s rights upon termination of employment from all Apogee Entities prior to a Change in Control shall be governed by the employing Apogee Entity’s standard employment termination policy applicable to Executive in effect at the time
of termination. 
 (b) After a Change in Control. 
 (i) From and after the date of a Change in Control during the term of this Agreement, neither the Company nor the Apogee Entity then
employing Executive shall terminate Executive from employment with the Company or any Apogee Entity except as provided in this Section 2(b) or as a result of Executive’s Disability (as defined in Section 3(d) hereof) or his death.

 (ii) From and after the date of a Change in Control during the term of this Agreement, the Company (or the other Apogee
Entity then employing Executive) shall have the right to terminate Executive from employment with the Apogee Entities at any time during the term of this Agreement for Cause, by written notice to Executive, specifying the particulars of the conduct
of Executive forming the basis for such termination, such notice to be effective on the 30th day following delivery thereof to Executive if Executive has not substantially cured the conduct identified in such notice. 

 (iii) From and after the date of a Change in Control during the term of this Agreement:

  

	 	(A)	the Company (or the other Apogee Entity then employing Executive) shall have the right to terminate Executive’s employment without Cause, at any time; and

  

	 	(B)	Executive shall, upon the occurrence of such a termination by the Company or such other Apogee Entity without Cause, or upon the voluntary termination of Executive’s employment
by Executive for Good Reason (as defined in Section 3(b) hereof), be entitled to receive the benefits provided in Section 4 hereof. Executive shall evidence a voluntary termination for Good Reason by written notice to the Company given
within 60 days after the date of the occurrence of any event that Executive knows or should reasonably have known constitutes Good Reason for voluntary termination. Such notice need only identify Executive and set forth in reasonable detail the
facts and circumstances claimed by Executive to constitute Good Reason. 

 3. Definitions. 
 (a) A “Change in Control” shall mean: 
 (i) a change in control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or successor provision thereto, whether or not the Company is then subject to such reporting requirement including, without limitation, any of the following events: 
  

	 	(A)	the consummation of any consolidation or merger of the Company in which the Company is not the continuing or surviving corporation or pursuant to which shares of the Company’s
common stock would be converted into cash, securities, or other property, other than a merger of the Company in which all or substantially all of the holders of the Company’s common stock immediately prior to the consolidation or merger own
more than 65% of the common stock of the surviving corporation immediately after the merger in the same relative proportions as their ownership of the Company’s common stock immediately prior to the consolidation or merger;

  

	 	(B)	any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company;

  

	 	(C)	any reorganization, reverse stock split, or recapitalization of the Company which would result in a Change in Control; or 

  

	 	(D)	any transaction or series of related transactions having, directly or indirectly, the same effect as any of the foregoing; or any agreement, contract, or other arrangement providing
for any of the foregoing. 

 (ii) any “person” (as such term is used in Sections 13(d) and
14(d) of the Exchange Act) is or becomes the “Beneficial Owner” (as defined in Rule 13d-3 promulgated under the Exchange Act), directly or indirectly, of securities of the Company representing 35% or more of the combined voting
power of the Company’s then outstanding securities; 

 (iii) the Continuing Directors (as defined in Section 3(e) hereof) cease to
constitute a majority of the Company’s Board of Directors; or 
 (iv) the majority of the Continuing Directors determine
in their sole and absolute discretion that there has been a change in control of the Company. 
 (b) “Good Reason” shall
mean the occurrence of any of the following events, in each case, after the Executive has provided written notice to the Company of the occurrence of such event and the Company has failed to cure, to the Executive’s reasonable satisfaction, the
cause of such event within thirty (30 days after the date of such written notice, except for the occurrence of such an event in connection with the termination or reassignment of Executive’s employment by the Company (or any other Apogee Entity
then employing Executive) for Cause, for Disability or for death: 
 (i) the assignment to Executive of employment duties or
responsibilities which are not at least of materially comparable responsibility and status as the employment duties and responsibilities held by Executive immediately prior to a Change in Control, or any removal of Executive from or any failure to
reelect or reappoint Executive to any positions held by Executive immediately prior to a Change in Control, except in connection with the termination of his employment for Disability, retirement or Cause, or as a result of Executive’s death, or
by Executive other than for Good Reason; 
 (ii) a material reduction by the Company (or any other Apogee Entity then
employing Executive) in Executive’s base salary as in effect immediately prior to a Change in Control or as the same may be increased from time to time during the term of this Agreement; 
 (iii) the Company’s (or any other Apogee Entity then employing Executive) requiring Executive to be based anywhere other than within
50 miles of Executive’s office location immediately prior to a Change in Control, except for requirements of temporary travel on the Company’s business to an extent substantially consistent with Executive’s business travel obligations
immediately prior to a Change in Control; 
 (iv) the failure by the Company to obtain, as specified in Section 5(a)
hereof, an assumption of the obligations of the Company to perform this Agreement by any successor to the Company; or 
 (v)
any material breach by the Company of this Agreement. 
 (c) “Cause” shall mean termination by the Company (or any other
Apogee Entity then employing Executive) of Executive’s employment based upon (i) the willful and continued failure by Executive substantially to perform his duties and obligations (other than any such failure resulting from his incapacity
due to physical or mental illness or any such actual or anticipated failure resulting from Executive’s termination for Good Reason) or (ii) the willful engaging by Executive in misconduct which is materially injurious to the Company,
monetarily or otherwise. For purposes of this Section 3(c), no action or failure to act on Executive’s part shall be considered “willful” unless done, or omitted to be done, by Executive in bad faith and without reasonable
belief that his action or omission was in the best interests of the Company. 
 (d) “Disability” shall mean any physical or
mental condition which would qualify Executive for a disability benefit under any long-term disability plan maintained by the Company (or any other Apogee Entity then employing Executive) either before or after a Change in Control. 
 (e) “Continuing Director” shall mean any person who is a member of the Board of Directors of the Company, who is not an Acquiring Person
(as hereinafter defined) or an Affiliate or Associate (as hereinafter defined) of an Acquiring Person, or a representative of an Acquiring Person or of any such Affiliate or Associate, and who (i) was a member of the Board of Directors on the
date of this Agreement as first written above or (ii) subsequently becomes a member of the Board of Directors, if such person’s initial nomination for election or initial election to the Board of Directors is recommended or approved by a
majority of the Continuing Directors. For 

 
purposes of this Section 3(e): “Acquiring Person” shall mean any “person” (as such term is used in Sections 13(d) and
14(d) of the Exchange Act) who or which, together with all Affiliates and Associates of such person, is the Beneficial Owner of 10% or more of the shares of Common Stock of the Company then outstanding, but shall not include the Company, any
subsidiary of the Company or any employee benefit plan of the Company or of any subsidiary of the Company or any entity holding shares of Common Stock organized, appointed or established for, or pursuant to the terms of, any such plan; and
“Affiliate” and “Associate” shall have the respective meanings ascribed to such terms in Rule 12b-2 promulgated under the Exchange Act. 
 4. Benefits upon Termination under Section 2(b)(iii). 
 (a) After a Change in Control.

 (i) Upon the termination (voluntary or involuntary) of the employment of Executive pursuant to Section 2(b)(iii)
hereof, Executive shall be entitled to receive the benefits specified in this Section 4. The amounts due to Executive under subparagraphs (i), (ii), (iii) or (iv) of this Section 4(a) shall be paid to Executive not later than one
business day prior to the date that the termination of Executive’s employment becomes effective (the “Employment Termination Date”). All benefits to Executive pursuant to this Section 4(a) shall be subject to any
applicable income, payroll or other taxes required by law to be withheld. As used in Subsection 4(a)(iii), the term, “termination of employment,” and other similar terms used in such Subsection, shall be construed to have the same
meaning as is given to the term, “Separation from Service,” in Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”). 
 (ii) The Company shall pay to Executive (A) the full base salary earned by him and unpaid through the date that the termination of
Executive’s employment becomes effective, at the rate in effect at the time written notice of termination (voluntary or involuntary) was given, (B) any amount earned by Executive as a bonus with respect to the fiscal year of the Company
preceding the termination of his employment if such bonus has not theretofore been paid to Executive, and (C) an amount representing credit for any vacation earned or accrued by him but not taken. 
 (iii) In lieu of any further base salary payments to Executive for periods subsequent to the date that the termination of Executive’s
employment becomes effective, the Company shall pay as severance pay to Executive (a “Severance Payment”) a lump-sum cash amount equal to the sum of: 
  

	 	(A)	an amount equal to the bonus Executive earned with respect to the fiscal year of the Company preceding the termination of his employment, or Executive’s target bonus for the
fiscal year in which the Employment Termination Date occurs, whichever is greater (the “Target Bonus”), multiplied by a fraction, the numerator of which is equal to the number of full months in the year Executive terminates
employment that have elapsed at the Employment Termination Date, and the denominator of which is twelve (12), plus 

  

	 	 (B)
	 [twenty-four (24)] [twelve (12)] times the sum of (I) Executive’s monthly base salary (as in
effect in the month preceding the month in which the termination becomes effective or as in effect in the month preceding the Change in Control, whichever is higher) and (II) one-twelfth ( 1/12) of the Target Bonus; 

 (iv) Notwithstanding any provision to the contrary in the Apogee Enterprises, Inc. Partnership Plan (2005 Restatement) (the “Partnership Plan”) (or in any other agreement or plan in existence between
the Company and Executive at the Employment Termination Date), any rights Executive may have at any time under the Partnership Plan (but only as it applies to the Pool B Shares) and which are deferred at the time of the Employment Termination Date
shall immediately become vested and the Company shall pay to Executive any amounts due or which have been promised under the Partnership Plan (but only as it applies to the Pool B Shares) to Executive; 

 (v) The Company shall also pay to Executive all legal fees and expenses incurred by
Executive as a result of such termination of employment (including all fees and expenses, if any, incurred by Executive in seeking to obtain or enforce any right or benefit provided to Executive by this Agreement whether by arbitration or
otherwise); 
 (vi) Notwithstanding any other agreement in existence between the Company and Executive at the Employment
Termination Date, all stock options or shares of restricted stock owned or held by Executive or promised to be payable to Executive by the Company shall be immediately vested in Executive without further restriction and Executive shall be treated at
that time as the unrestricted owner of such Company stock options and stock, subject to applicable constraints under federal and state securities laws; and 
 (vii) Any and all contracts, agreements or arrangements between the Company and/or any other Apogee Entity and Executive prohibiting or restricting Executive from owning, operating, participating in, or providing
employment or consulting services to, any business or company competitive with the Company or such other Apogee Entity at any time or during any period after the Employment Termination Date, shall be deemed terminated and of no further force or
effect as of the Employment Termination Date, to the extent, but only to the extent, such contracts, agreements or arrangements so prohibit or restrict Executive; provided that, the foregoing provision shall not constitute a license or right to use
any proprietary information of the Company or such other Apogee Entity and shall in no way affect any such contracts, agreements or arrangements insofar as they relate to nondisclosure and nonuse of proprietary information of the Company or such
other Apogee Entity notwithstanding the fact that such nondisclosure and nonuse may prohibit or restrict Executive in certain competitive activities. 
 (b) Executive shall not be required to mitigate the amount of any payment provided for in this Section 4 by seeking other employment or otherwise. The amount of any payment or benefit provided in this
Section 4 shall not be reduced by any compensation earned by Executive as a result of any employment by another employer. 
 (c) Upon
the occurrence of a Change in Control, the Company shall cause its independent auditors promptly to review, at the Company’s sole expense, the applicability of Section 4999 of the Code to the Total Payments (as defined in Section 4(d)
below) to be received by Executive. If such auditors determine that, after taking into account the provisions of Section 4(d) hereof, any of the Total Payments would be subject to the excise tax imposed by Section 4999 of the Code, or any
interest or penalties with respect to such tax (such excise tax, together with interest and penalties, are collectively referred to as the “Excise Tax”), then, in addition to any amounts payable under foregoing provisions of this
Section 4, the Company shall pay an additional cash payment (a “Gross-Up Payment”) within 30 days of such determination equal to the Excise Tax imposed on the Total Payments, including any Excise Tax or any other income taxes
that may be imposed on such Gross-Up Payment. If no determination by the Company’s auditors is made prior to the time a tax return reflecting the Total Payments is required to be filed by Executive, Executive will be entitled to receive a
Gross-Up Payment calculated on the basis of the Total Payments reported by him in such tax return, within 30 days of the filing of such tax return. In all events, if any tax authority determines that a greater Excise Tax should be imposed on the
Total Payments than is determined by the Company’s independent auditors or reflected in Executive’s tax return pursuant to this subparagraph (c), Executive shall be entitled to receive the full Gross-Up Payment calculated on the basis of
the amount of Excise Tax determined to be payable by such tax authority from the Company within 30 days of such determination. 
 (d) As used
herein, “Total Payments” shall mean, collectively, any payment or benefit received or to be received by Executive in connection with a Change in Control of the Company or termination of Executive’s employment (whether payable
pursuant to the terms of this Agreement or any other plan, contract, agreement or arrangement with the Company, with any person whose actions result in a Change in Control of the Company or with any person constituting a member of an
“affiliated group” as defined in Section 280G(d)(5) of the Code) with the Company or with any person whose actions result in a Change in Control of the Company. For purposes of calculating Total Payments, (i) no portion of
the Total Payments the receipt or enjoyment of which Executive shall have effectively waived in writing prior to the date of payment of the Severance Payment shall be taken into account; (ii) no portion of the Total Payments shall be taken into
account which in the opinion of tax counsel selected by the 

 
Company and acceptable to Executive does not constitute a “parachute payment” within the meaning of Section 280G(b)(2) of the Code;
(iii) the value of any benefit provided by Section 4(a)(vi) of this Agreement shall not be taken into account in computing Total Payments; and (iv) the value of any other non-cash benefit or of any deferred cash payment included in
the Total Payments shall be determined by the Company’s independent auditors in accordance with the principles of Sections 280G(d)(3) and (4) of the Code. In case of uncertainty as to whether all or some portion of a payment is or is not
payable to Executive under this Agreement, the Company shall initially make the payment to Executive, and Executive agrees to refund to the Company any amounts ultimately determined not to have been payable under the terms hereof. 
 5. Certain Benefits Continuation Following a Change in Control. For the twenty-four (24)-month period following a Change in Control, the Company
(or any other Apogee Entity then employing Executive) shall continue in effect: 
 (a) any incentive plan or arrangement (including, without
limitation, any incentive compensation plan, long-term incentive plan, bonus or contingent bonus arrangements or credits, the right to receive performance awards, or similar incentive compensation benefits) in which Executive is participating, or is
eligible to participate, at the time of a Change in Control of the Company (or any other plans or arrangements providing Executive with substantially similar benefits). The failure of the Company (or any other Apogee Entity then employing Executive)
to do so, or the taking of any action by the Company (or such other Apogee Entity), including an amendment or modification to any such plan or arrangement (except as may be required by applicable law), which would adversely affect Executive’s
participation in any such plan or arrangement shall constitute a material breach of this Agreement by the Company; and 
 (b) except to the
extent otherwise required by applicable law, any benefit or compensation plan, stock ownership plan, stock purchase plan, bonus plan, life insurance plan, health-and-accident plan or disability plan in which Executive is participating or is eligible
to participate immediately prior to a Change in Control (or plans providing Executive with substantially similar benefits) The failure of the Company (or any other Apogee Entity then employing Executive) to do so, or the taking of any action by the
Company (or such other Apogee Entity) which would adversely affect Executive’s participation in, or materially reduce Executive’s benefits under, any of such plans or deprive Executive of any material fringe benefit enjoyed by Executive
immediately prior to such Change in Control shall constitute a material breach of this Agreement by the Company. 
 6. Successors and
Binding Agreement. 
 (a) The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or
otherwise to all or substantially all of the business and/or assets of the Company), by agreement in form and substance satisfactory to Executive, to expressly assume and agree to perform this Agreement in the same manner and to the same extent that
the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle Executive to
compensation from the Company in the same amount and on the same terms as Executive would be entitled hereunder if Executive terminated his employment after a Change in Control for Good Reason, except that for purposes of implementing the foregoing,
the date on which any such succession becomes effective shall be deemed the Employment Termination Date. As used in this Agreement, “Company” shall mean the Company and any successor to its business and/or assets which executes and
delivers the agreement provided for in this Section 6(a) or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law. 
 (b) This Agreement is personal to Executive, and Executive may not assign or transfer any part of his rights or duties hereunder, or any compensation due to him hereunder, to any other person. Notwithstanding the
foregoing, this Agreement shall inure to the benefit of and be enforceable by Executive’s personal or legal representatives, executors, administrators, heirs, distributees, devisees and legatees. 

 7. Arbitration. Any dispute or controversy arising under or in connection with this Agreement
shall be settled exclusively by arbitration in the Minneapolis-St. Paul metropolitan area, in accordance with the applicable rules of the American Arbitration Association then in effect. Judgment may be entered on the arbitrator’s award in any
court having jurisdiction. In the event that Executive engages counsel to arbitrate any dispute hereunder (which arbitration results in an award to Executive of any kind) or to enforce such an award, all costs and expenses incurred by Executive,
including reasonable attorney’s fees and expenses, with respect to such arbitration or enforcement thereof shall be reimbursed to Executive by the Company promptly upon Executive’s submission of a request therefor. 
 8. Modification; Waiver. No provisions of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is
agreed to in a writing signed by Executive and such officer as may be specifically designated by the Board of Directors of the Company. No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance with, any
condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. 
 9. Notice. All notices, requests, demands and all other communications required or permitted by either party to the other party by this Agreement
(including, without limitation, any notice of termination of employment and any notice of an intention to arbitrate) shall be in writing and shall be deemed to have been duly given when delivered personally or received by certified or registered
mail, return receipt requested, postage prepaid, at the address of the other party, as first written above (directed to the attention of the Board of Directors and Corporate Secretary in the case of the Company). Either party hereto may change its
address for purposes of this Section 9 by giving 15 days’ prior notice to the other party hereto. 
 10. Severability. If
any term or provision of this Agreement or the application hereof to any person or circumstances shall to any extent be invalid or unenforceable, the remainder of this Agreement or the application of such term or provision to persons or
circumstances other than those as to which it is held invalid or unenforceable shall not be affected thereby, and each term and provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law. 
 11. Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument. 
 12. Governing Law. This Agreement has been executed and delivered in the State of
Minnesota and shall in all respects be governed by, and construed and enforced in accordance with, the laws of the State of Minnesota, including all matters of construction, validity and performance. 
 13. Effect of Agreement; Entire Agreement. The Company and Executive understand and agree that this Agreement is intended to reflect their
agreement only with respect to payments and benefits upon termination in certain cases and is not intended to create any obligation on the part of either party to continue employment. This Agreement supersedes any and all other oral or written
agreements or policies made relating to the subject matter hereof and constitutes the entire agreement of the parties relating to the subject matter hereof; provided that this Agreement shall not supersede or limit in any way Executive’s rights
under any benefit plan, program or arrangements in accordance with their terms. 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed in its name by a duly authorized
director and officer, and Executive has hereunto set his hand, all as of the date first written above. 
  

							
		 		 	APOGEE ENTERPRISES, INC.
	WITNESS:	 		 		 	
				
	  
	 		 	By:	 	  

	Warren M. Planitzer	 		 		 	Bernard P. Aldrich
	Vice President, Human Resources	 		 		 	Chair, Compensation Committee of the Board of Directors
				
	Date: [month]     , 2008	 		 	Date:	 	[month]     , 2008
				
		 		 		 	EXECUTIVE
				
		 		 		 	  

		 		 		 	[Name]
		 		 	Date:	 	[month]     , 2008

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