Document:

Amendment to Management Agreement, dated March 31, 2008.

 Exhibit 10.1 
 AMENDMENT NO. 1 TO 
 AMENDED AND RESTATED MANAGEMENT AGREEMENT 
 THIS AMENDMENT NO. 1 TO AMENDED AND
RESTATED MANAGEMENT AGREEMENT (this “Amendment”) is made as of March 31, 2008 between THORNBURG MORTGAGE, INC.,
a Maryland corporation (the “Company”), and THORNBURG MORTGAGE ADVISORY CORPORATION, a Delaware Corporation (the “Manager”). 
 WHEREAS, the Company and the Manager entered into that certain Amended and Restated Management Agreement, dated as
of July 1, 2004 (the “Management Agreement”) (capitalized terms used in this Amendment but not defined herein shall have the meaning assigned to them in the Override Agreement as defined below); 
 WHEREAS, the Company, the Manager and Thornburg Mortgage Hedging Strategies, Inc. entered into that certain Override
Agreement, dated as of March 17, 2008 with Greenwich Capital Markets, Inc., Royal Bank of Scotland PLC, Greenwich Capital Derivatives Inc., Bear Stearns Investment Products Inc., Citigroup Global Markets Limited, Credit Suisse Securities (USA)
LLC, UBS Securities LLC and Credit Suisse International, as amended on March 27, 2008 (the “Override Agreement”); 
 WHEREAS, the Company and the Manager entered into that certain Term Sheet for Proposed Financing, dated March 24, 2008 with MatlinPatterson Global Opportunities Partners III L.P. and MatlinPatterson
Global Opportunities Partners (Cayman) III L.P. (the “Term Sheet” and together with definitive documents executed in connection with the Term Sheet, the “MP Definitive Documents”). 
 WHEREAS, the Company and the Manager desire to amend the Management Agreement as provided below. 
 NOW, THEREFORE, in consideration of the mutual agreements herein set forth, the parties to this Amendment hereby
agree as follows: 
 1. Definition of Acquisition Event. The definition of “Acquisition Event” in Section 16(b)(3) of
the Management Agreement is amended to add the following sentence at the end thereof: 
 “Notwithstanding anything in this Agreement to
the contrary, no Acquisition Event shall be deemed to have occurred solely as a result of the events in subclauses A or B above having occurred in connection with the execution of the MP Definitive Documents or the consummation of the transactions
contemplated therein. “ 
 2. Reservation of Shares. Section 16(b)(4) of the Agreement is hereby deleted. 
 3. Payment of Incentive Management Fee. Notwithstanding anything in this Agreement to the contrary, the Company and the Manager each acknowledge
and agree that they will abide by Section 2(i) of the Override Agreement, as repeated herein: 

 “(i) Incentive Management Fee. Any incentive management fee (but not base fee) payable by TMA
to its external manager, Thornburg Mortgage Advisory Corporation (the “Manager”) during the Override Period shall be accrued, but not paid to the Manager. An amount equal to such accrued, but not paid, incentive management fee (the
“Accrued Incentive Fee”) shall instead be paid to the Counterparties pro rata for application to the Payment Obligations on the date that such incentive management fee otherwise would have been paid to the Manager and shall be
applied to reduce the Payment Obligations. The Manager agrees (i) to subordinate its right to payment of any Accrued Incentive Fee to any deficiency suffered by the Counterparties under the Financing Agreements, and (ii) to enter into any
agreement reasonably requested by the Counterparties to confirm such subordination. Additionally, no cash payments by TMA shall be made on account of any long-term incentive awards during the Override Period.” 
 4. Effect of Amendment. Except as and to the extent expressly modified by this Amendment, the Management Agreement and any exhibits thereto, shall
remain in full force and effect in all respects. In the event of a conflict or inconsistency between this Amendment and the Management Agreement and any exhibits thereto, the provisions of this Amendment shall govern. 
 5. Counterparts. This Amendment may be executed in several counterparts, each of which shall constitute an original and all of which, when taken
together, shall constitute one agreement. 
  

 2 

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

			
	“Company”
	
	 THORNBURG MORTGAGE, INC.,
 a Maryland corporation

		
	By:	 	 /s/ Larry A. Goldstone

	Name:	 	Larry A. Goldstone
	Title:	 	President and Chief Executive Officer
		
	“Manager”	 	
	
	 THORNBURG MORTGAGE ADVISORY CORPORATION,
 a Delaware corporation

		
	By:	 	 /s/ Larry A. Goldstone

	Name:	 	Larry A. Goldstone
	Title:	 	Managing Director

  

 3Agreement dated March 27, 2008

 Exhibit 10.1 
 AGREEMENT 
 THIS AGREEMENT (the “Agreement”) made effective as of
March 27, 2008 (the “Effective Date”), by and between NCI Building Systems, Inc., a Delaware corporation with its principal office in the State of Texas (the “Company”), and Kelly R. Ginn,
individually (“Ginn”). 
 WITNESSETH: 
 WHEREAS, Ginn has served as an employee and executive officer of the Company, including as its Executive Vice President—Operations, since January 1, 2007; and 
 WHEREAS, Ginn desires to resign as an executive officer of the Company and all of its subsidiaries and related entities, including the position of
Executive Vice President—Operations; and 
 WHEREAS, the Company desires that Ginn remain as a employee of the Company in his current
position until March 31, 2008; and 
 WHEREAS, in consideration of the mutual promises contained herein, the parties hereto are willing
to enter into this Agreement upon the terms and conditions herein set forth. 
 NOW, THEREFORE, in consideration of the premises, the terms
and provisions set forth herein, the mutual benefits to be gained by the performance thereof and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Resignation from Officer/Director Positions. Ginn agrees to remain employed in his current position in a full-time capacity through the dates
specified herein. Effective as of March 31, 2008, Ginn agrees to and hereby resigns each of his officer positions with the Company and any of its subsidiaries, and Ginn further agrees to resign each of his director positions with any of the
Company’s subsidiaries effective as of such date and time. Ginn shall remain employed in his position as Executive Vice President—Operations through the Transition Date, and shall resign from such position on that date.
“Transition Date,” as used herein, shall mean March 31, 2008. 
 2. Separation from Employment. Following
the Transition Date, Ginn hereby agrees to be engaged as a consultant on behalf of the Company during the Advisory Period (as defined below) on an as-needed basis. Ginn agrees to perform such limited services as shall be requested by the Company and
agreed to by Ginn at such times and rates as are mutually agreeable to Ginn and the Company; provided, however, that Ginn shall not be obligated to perform such services to the extent such services would interfere with his pursuit of other
personal and/or business interests that are not inconsistent with the terms of this Agreement, and provided, further, that Ginn will work no more than twenty (20) hours per month in his consulting capacity on behalf of the Company. Further,
Ginn may elect to accept such assignments offered to him at his own volition and without any risk of being in breach of this Agreement in the event that he declines an offered assignment. Services required of him may include, but are not limited to,
the following: 
 a. Provide such services as are reasonably necessary to assist the Company in a transition of his
responsibilities as an officer of the Company and its subsidiaries to any successor to such responsibilities; 
  

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 NCI_KRGinn_Agreement 

 b. Respond to the best of his knowledge and belief to any questions posed by or on behalf
of the Company regarding any litigation in which the Company or any affiliate is then or may become involved; and 
 c.
Perform such other consulting services for the Company and its affiliates as shall be reasonably requested by the Chief Executive Officer of the Company and that are not materially different from his prior duties and responsibilities as an officer
of the Company. 
 The “Advisory Period” shall be the period from the Transition Date through March 31, 2009 (the
“Termination Date”). Unless earlier terminated pursuant to this Agreement, Ginn’s consulting relationship with the Company shall terminate as of the Termination Date. 
 3. Salary and Benefits. Except as otherwise set forth in this Section 3 or in Section 4, Ginn shall be entitled to the consideration set
forth below during the period beginning on the Effective Date and ending on the Termination Date. 
 a. Salary Prior to the
Transition Date. From the Effective Date through the Transition Date, Ginn shall continue to receive his base salary in effect as of the Effective Date, payable in accordance with the Company’s regular payroll practices. 
 b. Compensation during the Advisory Period. From March 31, 2008 through March 31, 2009, the Employee shall continue to receive
his base salary in effect as of the Effective Date, payable in accordance with the Company’s regular payroll practices. Notwithstanding the foregoing, Ginn’s right to the compensation specified in this Section 3(b) is conditioned upon
his execution of and, thereafter, not revoking the release provisions of Section 5 hereof. 
 c. Bonus. Ginn shall not be
eligible for a bonus for FY2008 or thereafter unless expressly approved by the senior management or Board of Directors of the Company, in their sole discretion. 
 d. Restricted Stock. Following the Effective Date, Ginn shall be not be eligible for any future awards of restricted stock of the Company
(“Restricted Stock Awards”) pursuant to the Company’s 2003 Long-Term Stock Incentive Plan, as amended from time to time (as amended, the “2003 Plan”). All Restricted Stock Awards granted to Ginn
prior to December 31, 2007 will fully vest as of March 30, 2008. 
 e. Options. Nothing contained herein shall
amend, modify, or alter the parties’ rights or obligations under any of Ginn’s Nonqualified Stock Option Agreements. 
 f. Welfare Benefits. From the Effective Date through the Transition Date, Ginn shall remain eligible to participate in the group health and medical benefit programs that are generally made available to active employees of the Company at the
applicable active employee premium rate. From the Transition Date through the Termination Date, Ginn and all eligible dependents shall remain eligible to participate in the group health and medical benefit programs made available to active employees
of the Company. Following the Termination Date, nothing in this Agreement shall be deemed to waive any rights that Ginn and/or other covered individuals may have under the Consolidated Ominbus Budget Reconciliation Act of 1985
(“COBRA”). 
 g. Other Benefits. Ginn shall remain eligible to continue to participate in the
Company’s employee benefit plans and programs and perquisites on the same terms and conditions applicable to 

  

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executive management employees on the Effective Date through the Transition Date. Any potential payment to Ginn of his benefits under the Company’s
Deferred Compensation Plan shall be governed by the terms of such plan. Except as otherwise provided for herein, from and after March 31, 2008, Ginn shall not be eligible to participate in any life insurance programs, long- or short-term
disability plans, employee benefit plans or programs including, without limitation 401(k), retirement, profit-sharing, bonus, Deferred Compensation Plan, severance or any other plan or program made available to employees of the Company and its
affiliates. Ginn shall be eligible for payment of vacation and sick day accruals (accrued at 100%), if any, through the Transition Date, payable as soon as practicable after that date in accordance with the Company’s practices and policies. The
foregoing notwithstanding, Ginn shall be entitled to any benefits earned or vested as of the Transition date under the Company’s 401(k), Retirement, profit sharing, or other plan or program made available to employees of the Company and its
affiliates, and such benefits shall be determined and paid in accordance with the terms of such plans. 
 h. Reimbursement of
Expenses. The Company will reimburse Ginn for reasonable travel and other business expenses incurred by him in the fulfillment of his duties hereunder upon presentation by Ginn of an itemized account of such expenditures, in accordance with Company
practices and policies. 
 i. Use of Office and Administrative Support Staff. The Company may provide to Ginn, to the extent
necessary to perform the functions specifically requested by the Company as are set forth in subsections 2(a) through (c) above, an office as the Company in its discretion determines appropriate. In addition, to the extent necessary to perform
the functions specifically requested by the Company as are set forth in subsections 2(a) through (c) above, the Company shall make available to Ginn access to an administrative assistant through the Termination Date. 
 4. Restrictive Covenants. As a material inducement to the Company to enter into this Agreement, Ginn agrees to the restrictive covenants set forth
below: 
 a. Non-Competition. During the Advisory Period and for the period ending five (5) years following the
Termination Date, Ginn shall not, directly or indirectly and whether on his own behalf or on behalf of any other person, partnership, association, corporation or other entity, engage in or be an owner, director, officer, employee, agent, consultant
or other representative of or for, or lend money or equipment to or otherwise support, any business that manufactures, engineers, markets, sells or provides, within a 250-mile radius of any then existing manufacturing facility of the Company and its
subsidiaries and affiliates, metal building systems or components (including, without limitation, primary and secondary framing systems, roofing systems, end or side wall panels, sectional or roll-up doors, or other metal components of a building
structure), coated or painted steel or metal coils, coil coating or coil painting services, or any other products or services that are the same as or similar to those manufactured, engineered, marketed, sold or provided by the Company or its
subsidiaries and affiliates prior to the Termination Date. Ownership by Ginn of equity securities of the Company, or of equity securities in other public or privately-owned companies that compete with the Company constituting less than 1% of the
voting securities in such companies, shall be deemed not to be a breach of this covenant. Ginn agrees and stipulates that in any action or claim brought by him or in any action or claim brought against him involving the provisions of this
Section 4, Ginn hereby waives any claim or defense that the above non-competition covenants are unenforceable, void or voidable, for any reason, including, but not limited to, fraud, misrepresentation, illegality, unenforceable restraint of
trade, failure of consideration, illusory contract, mistake, or any other substantive legal defense. Further, Ginn agrees and stipulates that the provisions of this section comport with and are in strict compliance with Section 15.50, et
seq. of the Texas Business & Commerce Code. 
  

 AGREEMENT 
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 NCI_KRGinn_Agreement 

 b. Non-Solicitation. During the Advisory Period and for the period ending five
(5) years following the Termination Date, Ginn shall not, directly or indirectly and whether on his own behalf or on behalf of any other person, partnership, association, corporation or other entity, either (i) hire, seek to hire or
solicit the employment or service of any employee, agent or consultant of the Company or its Subsidiaries and affiliates in a commercial capacity; (ii) in any manner attempt to influence or induce any employee, agent or consultant of the
Company or its Subsidiaries and affiliates to leave the employment or service of the Company or its Subsidiaries and affiliates; (iii) use or disclose to any person, partnership, association, corporation or other entity any information
concerning the names and addresses of any employees, agents or consultants of the Company or its Subsidiaries and affiliates unless such use or disclosure is of a personal nature, is requested by the Company or is required by due process of law; or
(iv) call upon, solicit, divert or attempt to call upon, solicit or divert the business of any customer, vendor or acquisition prospect of the Company or any of its Subsidiaries or affiliates with whom the Company dealt, directly or indirectly,
during his engagement with the Company or its Subsidiaries or affiliates. Ginn shall not be prohibited from hiring or soliciting the employment or service of an agent or consultant of the Company for purposes which do not violate Section 4(a)
of this Agreement. Ginn agrees and stipulates that in any action or claim brought by him or in any action or claim brought against him involving the provisions of this Section 4, Ginn hereby waives any claim or defense that the above
non-solicitation covenants are unenforceable, void or voidable, for any reason, including, but not limited to, fraud, misrepresentation, illegality, unenforceable restraint of trade, failure of consideration, illusory contract, mistake, or any other
substantive legal defense. 
 c. Confidential Information. For purposes of the covenants made in this Section 4, the
Company promises to provide Ginn (as is necessary for Ginn’s position) with various trade secrets and proprietary and confidential information consisting of, but not limited to, business and/or strategic plans, budgets, fiscal plans, processes,
computer programs, compilations of information, records, sales procedures, customer requirements, pricing techniques, customer lists, methods of doing business and other confidential information (collectively referred to as the “Trade
Secrets”), which are owned by the Company and regularly used in the operation of its business, but in connection with which the Company takes precautions to prevent dissemination to persons other than certain directors, officers and
employees. As used herein, “Trade Secrets” do not include any information that, at the time of disclosure or thereafter, is generally available to or known by the public (other than as a result of a disclosure by Ginn or any of his
representatives in violation of the terms of this Agreement). Ginn acknowledges and agrees that the Trade Secrets (i) are secret and not known in the industry or to the public; (ii) are entrusted to him after being informed of their
confidential and secret status by the Company and because of the fiduciary position occupied by him with the Company; (iii) have been developed by the Company for, and on behalf of, the Company through substantial expenditures of time, effort
and money and are used in its business; (iv) give the Company an advantage over competitors who do not know or use the Trade Secrets; (v) are of such value and nature as to make it reasonable and necessary to protect and preserve the
confidentiality and secrecy of the Trade Secrets; and (vi) the Trade Secrets are valuable, special and unique assets of the Company, the disclosure of which could cause substantial injury and loss of profits and goodwill to the Company. Ginn
shall not use in any way or disclose any of the Trade Secrets, directly or indirectly, during the Advisory Period, or at any time thereafter, except as required in the course of his employment with the Company. Ginn agrees that in any action or
claim brought by him or in any action or claim brought against him involving the provisions of this Section 4, Ginn hereby waives any claim or defense that the above covenants are unenforceable, void or voidable, for any reason, including, but
not limited to, fraud, misrepresentation, illegality, unenforceable restraint of trade, failure of consideration, illusory contract, mistake, or any other substantive legal defense. All files, records, documents, information, data and similar items

  

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relating to the business of the Company, whether prepared by Ginn or otherwise coming into his possession, shall remain the exclusive property of the Company
and shall not be removed from the premises of the Company under any circumstances without the prior written consent of the Board of Directors of the Company (except in the ordinary course of business during Ginn’s employment with the Company),
and in any event shall be promptly delivered to the Company upon termination of Ginn’s employment for any reason; provided however, that Ginn may purchase his laptop from the Company at fair market value as mutually agreed to by the
Parties. Prior to such transfer of ownership, the Company shall ensure that all Confidential Information has been deleted from the laptop. Following a review of the laptop by the Company’s IT personnel to ensure that it does not contain any
Company Confidential Information, the Company will provide to Ginn a copy of his contacts from the laptop and certain other personal information. Ginn agrees that, upon his receipt of any subpoena, process or other request to produce or divulge,
directly or indirectly, any Trade Secrets to any entity, agency, tribunal or person, he shall timely notify and promptly deliver a copy of the subpoena, process and stipulates or other request to the Chairman of the Board and Chief Executive Officer
of the Company. For this purpose, Ginn irrevocably nominates and appoints the Company (including any attorney retained by the Company), as his true and lawful attorney-in-fact, to act in his name, place and stead to perform any act that he might
perform to defend and protect against any disclosure of any Trade Secrets. 
 d. Non-Disparagement. Ginn agrees to refrain
from any criticisms or disparaging comments about the Company or any affiliates (including any current officer, director or employee of the Company), and Ginn agrees not to take any action, or assist any person in taking any other action, that is
adverse to the interests of the Company or any affiliate or inconsistent with fostering the goodwill of the Company and its affiliates; provided, however, that nothing in this Agreement shall apply to or restrict in any way the
communication of information by the Company or Ginn to any state or federal law enforcement agency or to the Board of Directors or senior management of the Company or require notice to the Company thereof, and Ginn will not be in breach of the
covenant contained above solely by reason of testimony which is compelled by process of law. 
 The Company agrees to refrain
from any criticisms or disparaging comments about Ginn. If called for a reference by a prospective employer of Ginn, the Company shall limit its comments to the dates of Ginn’s employment, and the positions held and state that Ginn resigned.

 e. Standstill. Ginn agrees that during the Advisory Period and for the period ending five (5) years after the
Termination Date, neither he nor anyone acting on his behalf will, without the prior written consent of the Company’s Board of Directors, directly or indirectly: (i) except for a written offer or proposal submitted confidentially to the
Company, acquire, offer, propose or seek to acquire, or agree to acquire, by purchase or otherwise, any securities or assets of the Company, or direct or indirect rights to acquire securities or assets of the Company exceeding one percent
(1%) of the then outstanding securities or assets of the Company; (ii) make, or in any way participate, in any “solicitation” of “proxies” or consents to vote (as such terms are used in the rules of the Securities and
Exchange Commission), or otherwise act, alone or in concert with others, to seek to control or influence the management, Board of Directors or policies of the Company; (iii) make any public announcement with respect to, or offers of, (with or
without conditions) any Extraordinary Transaction involving the Company or any of its securities or assets, or otherwise take any actions, other than submitting to the Company a confidential written offer or proposal, which might force the Company
to make a public announcement regarding such matters; (iv) form, join or in any way participate in a “group” as defined in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, in connection with any of the
foregoing; or (v) request the Company to amend or waive any provision of this paragraph; provided, 

  

 AGREEMENT 
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however, (A) this subparagraph (e) shall not apply to the acquisition by Ginn of any securities of the Company directly from the Company,
whether pursuant to the exercise of options or vesting of restricted stock or otherwise; (B) this subparagraph (e) shall terminate and the restrictions contained herein shall cease to apply to Ginn upon the earliest to occur of any of the
following with respect to the Company: (x) the Company enters into a definitive agreement with respect to an Extraordinary Transaction, (y) any person makes an unsolicited public offer for an Extraordinary Transaction for the Company, or
(z) a Change in Control of the Company; (C) “Extraordinary Transaction,” as used herein, means any acquisition of a significant amount of securities or assets of the Company or any of its affiliates, including in
connection with any extraordinary transaction, such as a merger, reorganization, recapitalization, tender or exchange offer, or asset disposition involving the Company or any of its affiliates that, if consummated, such acquisition, transaction,
merger, reorganization, recapitalization, tender or exchange offer, or asset disposition would result in a Change in Control of the Company; and (D) “Change in Control,” as used herein shall have the meaning set forth in
the 2003 Plan. 
 f. Enforcement. Ginn hereby agrees that a breach of any of the provisions of this Section 4 would cause
irreparable injury to the Company and its affiliates, for which they would have no adequate remedy at law. If Ginn breaches any of the covenants set forth in this Section 4, then without regard for any provision to the contrary, the Company
shall have the right to immediately discontinue all payments and benefits under Section 3 hereof to Ginn and his spouse, except to the extent that such payment(s) or benefit(s) are earned as of such date, and to immediately seek injunctive
relief from a court having jurisdiction for any actual breach of this Section 4. Any such injunctive relief shall be in addition to any other remedies to which the Company may be entitled at law, in equity or otherwise. If it is determined that
Ginn has not committed a breach thereof, the Company shall resume the payments and benefits under Section 3 and pay to Ginn and his spouse all payments and benefits under Section 3 that had been suspended pending such determination.

 The parties hereto intend all provisions of subsections (a), (b), (c), (d), (e) and (f) of this Section 4 to be enforced to
the fullest extent permitted by law. Accordingly, should a court of competent jurisdiction determine that the scope of any provision of subsections (a), (b), (c), (d) and (e) of this Section 4 is too broad to be enforced as written,
the parties intend that the court may reform the provision to such narrower scope as it determines to be reasonable and enforceable. In addition, however, Ginn agrees and stipulates that the non-competition agreements, non-solicitation agreements,
non-disclosure, non-disparagement and standstill agreements (set forth above in subsections (a), (b), (c), (d), and (e) of Section 4 of this Agreement, respectively) each constitute separate agreements independently supported by good and
adequate consideration and shall survive this Agreement. The existence of any claim or cause of action of Ginn against the Company, except for a breach of this Agreement by the Company or its subsidiaries, shall not constitute a defense to the
enforcement by the Company of the covenants and agreements of Ginn contained in the non-competition, non-solicitation, non-disclosure, non-disparagement and standstill agreements (set forth above in subsections (a), (b), (c), (d), and (e) of
Section 4 of this Agreement, respectively). Ginn agrees and stipulates that in any action or claim brought by him or in any action or claim brought against him involving the provisions of this Section 4, Ginn hereby expressly waives any
claim or defense that the above covenants are unenforceable, void or voidable, for any reason, including, but not limited to, fraud, misrepresentation, illegality, unenforceable restraint of trade, failure of consideration, illusory contract,
mistake, or any other substantive legal defense. 
 If Ginn’s consulting relationship with the Company is terminated by the Company
without Cause (as defined below) or if Ginn or Employer terminates this Agreement due to Disability (“Disability,” as used 

  

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herein, shall have the meaning ascribed to it in the 2003 Plan), Ginn shall continue to receive the salary and benefits provided under Section 3 hereof,
to the extent applicable and as provided therein, as if he had remained employed through the Termination Date. In the event of Ginn’s death after termination under this section, Ginn’s surviving spouse, if any, shall be entitled to receive
continued salary payments as provided in Section 3(a) and (b) through the period ending on the Termination Date. 
 If Ginn’s
consulting relationship with the Company is terminated by the Company for Cause (as defined below) or if Ginn voluntarily terminates the consulting relationship hereunder for any reason other than Disability, the Company’s obligation to make
the payments or provide the benefits listed under Section 3 of this Agreement shall immediately terminate as of the date of his termination except to the extent that such payment(s) or benefit(s) are earned as of such date. For purposes of this
Agreement, “Cause” shall mean: (i) Ginn’s willful and continued failure to substantially perform his duties and other obligations under this Agreement and such failure continues for a period of thirty (30) days
after written notice by the Company of the existence of such failure; provided, however, that only one such notice by the Company need be sent and, if such failure re-occurs thereafter, no further notice and opportunity to cure such failure
shall be required; (ii) the willful engaging by Ginn in gross misconduct materially and demonstrably injurious to the Company, as determined by the Company; or (iii) Ginn’s conviction for committing an act of fraud, embezzlement,
theft or other act constituting a felony (which shall not include any act or offense involving the operation of a motor vehicle); provided, however, that the Board of Directors of the Company or the then current Chairman of the Board must
first provide to Ginn written notice clearly and fully describing the particular acts or omissions which the Board or the then current Chairman of the Board reasonably believes in good faith constitutes Cause under this subsection and an
opportunity, within thirty (30) days following the receipt of such notice, to meet in person with the Board of Directors or the then current Chairman of the Board to explain the alleged acts or omissions relied upon by the Board of Directors
and, to the extent practicable, to cure such acts or omissions. For purposes of this Agreement, any termination of Ginn’s consulting relationship for Cause shall be effective only upon delivery to Ginn of a certified copy of a resolution of the
Board of Directors of the Company, adopted by the affirmative vote of a majority of the entire membership of the Board of Directors following a meeting at which Ginn was given an opportunity to be heard on at least five (5) business days’
advance notice, finding that Ginn was guilty of the conduct constituting Cause, and specifying the particulars thereof. Further, for the purposes of this Agreement, no act or failure to act on Ginn’s part shall be considered willful unless
done, or omitted from being done, by Ginn not in good faith and without reasonable belief that his action or omission was in the best interest of the Company. 
 5. Release of Claims by Ginn. In exchange for the consideration offered to Ginn under this Agreement, Ginn, on his behalf and on behalf of his heirs, devisees, legatees, executors, administrators, personal and
legal representatives, assigns and successors in interest, hereby IRREVOCABLY, UNCONDITIONALLY AND GENERALLY RELEASES, ACQUITS, AND FOREVER DISCHARGES, to the fullest extent permitted by law, the Company, its subsidiaries and each of the
their directors, officers, employees, representatives, stockholders, predecessors, successors, assigns, agents, attorneys, divisions, subsidiaries and affiliates (and agents, directors, officers, employees, representatives and attorneys of such
stockholders, predecessors, successors, assigns, divisions, subsidiaries and affiliates), and all persons acting by, through, under or in concert with any of them (collectively, the “Releasees” and each a
“Releasee”), or any of them, from any and all charges, complaints, claims, damages, actions, causes of action, suits, rights, demands, grievances, costs, losses, debts, and expenses (including attorneys’ fees and costs
incurred), of any nature whatsoever, known or unknown, that Ginn now has, owns, or holds, or claims to have, own, or hold, or which Ginn at any time heretofore had, owned, or held, or claimed to have, own, or hold from the beginning of time to the
date that Ginn signs this Agreement, including, but not limited to, those claims arising out of or relating to (i) any agreement, commitment, contract, mortgage, deed of trust, bond, indenture, lease, license, 

  

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note, franchise, certificate, option, warrant, right or other instrument, document, obligation or arrangement, whether written or oral, or any other
relationship, involving Ginn and/or any Releasee, (ii) breach of any express or implied contract, breach of implied covenant of good faith and fair dealing, misrepresentation, interference with prospective or actual contractual or business
relations, personal injury, slander, libel, assault, battery, negligence, negligent or intentional infliction of emotional distress or mental suffering, false imprisonment, wrongful termination, wrongful demotion, wrongful failure to promote,
wrongful deprivation of a career opportunity, discrimination (including disparate treatment and disparate impact), hostile work environment, sexual harassment, retaliation, any request to submit to a drug or polygraph test, and/or whistleblowing,
whether said claim(s) are brought pursuant to laws of the United States or any other jurisdiction applicable to Ginn’s actions on behalf of the Company or any of its subsidiaries or affiliates, and (iii) any other matter; provided,
however, that nothing contained herein shall operate to release any obligations of the Company or its successors or assigns arising under this Agreement. Notwithstanding anything in this Agreement to the contrary, it is the express intention of
Ginn and the Company that this Agreement shall not act as a release or waiver of (1) any rights of defense or indemnification which would be otherwise afforded to Ginn under the Certificate of Incorporation, By-Laws or similar governing
documents of the Company or its subsidiaries or under that certain Indemnification Agreement by and between the Company and Ginn, dated on or about October 18, 2000; (2) any rights of defense or indemnification which would be otherwise
afforded to Ginn under any director or officer liability or other insurance policy maintained by the Company or its subsidiaries for the period during which he acted in the capacity as an officer or director of the Company or one of its
subsidiaries; (3) any rights of Ginn to benefits accrued under any Company employee benefit plans, including but not limited to the NCI 401(k) Profit Sharing Plan, the NCI Building Systems, Inc. Deferred Compensation Plan (as amended),
applicable health, medical and welfare benefit programs, and the like; (4) any rights under this Agreement; and (5) such other rights or claims as may arise after the date of this Agreement. Ginn acknowledges that he has had at least
twenty-one (21) calendar days after this Agreement was presented to him to consider whether to execute this Agreement, and he may revoke his acceptance of this Agreement if he provides notice of such revocation to the Company within 7 days of
the date he signs this Agreement. 
 7. Stock Trading and Company Policies. During the period beginning on the Effective Date and
ending two (2) business days after the Company first issues an earnings release following the date as of which Ginn is no longer serving as a director or executive officer of the Company or any of its related entities, Ginn agrees to comply
with all of the Company’s policies with respect to trading in the Company’s securities to the same extent as such policies are applicable to executive officers of the Company including, without limitation, “blackout” periods
restricting or prohibiting trading in the Company’s securities, whether regularly scheduled or imposed under special circumstances, and any “lockup” requested by any underwriter with respect to an offering of the Company’s
securities and, during the Advisory Period, Ginn agrees to comply with the foregoing to the extent that he is in possession of material non-public information relating to the Company. 
 8. Non-Alienation. Ginn shall not have any right to pledge, hypothecate, anticipate, or in any way create a lien upon any amounts due or payable
under this Agreement, and no payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as Ginn lives, no person, other than the parties hereto, shall
have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of Ginn, his surviving spouse, if any, shall have the right to enforce the provisions hereof. 
 9. Assumption by Successors. 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 to assume expressly 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 succession had taken
place and (a) if such 

  

 AGREEMENT 
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successor does not expressly assume and agree to perform this Agreement, or if such assumption does not occur by operation of law and, to the extent
applicable, (b) if such transaction satisfies the requirements to avoid the imposition of an excise tax under the provisions of Section 409A of the Internal Revenue Code and related regulations and Treasury pronouncements
(“Section 409A”) or such payment restrictions are otherwise inapplicable, then the Company shall be obligated to make a cash payment to Ginn, immediately following such succession (or, if later, the first date at which
payment can be made without incurring an excise tax under Section 409A), equal to the aggregate value of (i) the salary otherwise payable pursuant to Sections 3(a) and (b) for the remainder of the term of this Agreement, without
reduction for early payout, and (ii) a sum equivalent to the number of months remaining under the term of the Agreement, multiplied by the most recent applicable rate charged to terminated employees for continuation of comparable health
insurance coverage (COBRA coverage), with no offset for Ginn’s portion of the premium. 
 10. Non-Mitigation. Ginn shall not be
required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be reduced by any compensation or
benefit earned by Ginn as a result of employment by another employer or by deferred compensation or retirement benefits received by Ginn. 
 11. Amendment of Agreement. This Agreement may not be modified or amended except by an instrument in writing signed by the parties hereto. 
 12. Waiver. No term or condition of this Agreement shall be deemed to have been waived, nor shall there be an estoppel against the enforcement of any provision of this Agreement, except by written instrument of
the party charged with such waiver or estoppel. 
 13. Notices. For purposes of this Agreement, all notices or other communications
hereunder shall be in writing and shall be given in person and/or by United States Certified Mail, return receipt requested, postage prepaid (with evidence of receipt by the party to whom the notice is given), addressed as follows: 
  

	
	 To the Company:

	
	 NCI Building Systems, Inc.

	 10943 North Sam Houston Parkway West

	 Houston, Texas 77064

	 Attention: General Counsel

	
	 To Ginn:

	
	 Kelly R. Ginn

	 P.O. Box 1369

	 Waller, Texas 77484

 Either party hereto may designate a different address by providing written notice of such new address to the other
party hereto. 
 14. Source of Payments. All cash payments provided in this Agreement will be paid from the general funds of the
Company. Ginn’s status with respect to amounts owed under this Agreement will be that of a general unsecured creditor of the Company, and Ginn will have no right, title or interest whatsoever in or to any investments which the Company may make
to aid the Company in meeting its obligations hereunder. Nothing contained in this Agreement, and no action taken pursuant to this provision, will create or be construed to create a trust of any kind between the Company and Ginn or any other person.

  

 AGREEMENT 
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 15. Tax Withholding. The Company may withhold from any benefits payable under this Agreement all
federal, state, city or other taxes that will be required pursuant to any law or governmental regulation or ruling. Ginn acknowledges that he is responsible for payment of his estimated federal income taxes, employment taxes, social security taxes
and any other taxes that may accrue under law by reason of the compensation for his services provided as a consultant hereunder. 
 16.
Severability. If any provision of this Agreement is held to be invalid, illegal or unenforceable, in whole or part, such invalidity will not affect any otherwise valid provision, and all other valid provisions will remain in full force and
effect. 
 17. Counterparts. This Agreement may be executed in two or more counterparts, each of which will be deemed an original, and
all of which together will constitute one document. 
 18. Titles. The titles and headings preceding the text of the paragraphs and
subparagraphs of this Agreement have been inserted solely for convenience of reference and do not constitute a part of this Agreement or affect its meaning, interpretation or effect. 
 19. Governing Law. This Agreement will be construed and enforced in accordance with the laws of the State of Texas. 
 20. Alternative Dispute Resolution. If a dispute arises out of or related to this Agreement, and if the dispute cannot be settled through direct
discussions, the aggrieved party shall by written notice demand that the dispute be submitted to non-binding mediation. Ginn and the Company hereby agree to endeavor to settle the dispute in an amicable manner by participating in non-binding
mediation held in Houston, Texas before a mediator jointly selected by the parties, before either party seeks recourse in any other proceeding or forum. This mediation shall be conducted pursuant to the Rules and Procedures of the American
Arbitration Association for the resolution of employment disputes, or as otherwise stipulated by the parties. The parties agree to make a good faith attempt to resolve the dispute through mediation within thirty (30) days after the written
demand for mediation is received by the non-aggrieved party. The Company shall pay all costs of such mediation, exclusive of Ginn’s legal and expert fees. 
 21. Entire Agreement. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof, and supersedes all prior agreements between the parties concerning the subject
hereof. Nothing in this Agreement shall affect Ginn’s right to benefits under the terms of any employee benefit plan of the Company in which Ginn has participated or may participate. 
 22. Section 409A. This Agreement is intended to comply with Section 409A and any ambiguous provision will be construed in a manner that
is compliant with or exempt from the application of Section 409A. It is the intent of the parties hereto that the provisions of this Agreement avoid the imposition of the excise tax under Section 409A, therefore, the Company, in its
discretion, may amend this Agreement to the extent necessary to avoid or minimize the excise tax under Section 409A and no action taken to comply with Section 409A shall be deemed to adversely affect Ginn’s rights under this
Agreement. 
  

 AGREEMENT 
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 NCI_KRGinn_Agreement 

 IN WITNESS WHEREOF, the parties have executed this Agreement in multiple counterparts, all of which shall
constitute one agreement, effective as of the Effective Date. 
 NCI BUILDING SYSTEMS, INC. 
  

			
	By:	 	 /s/ Norman C. Chambers

		 	Norman C. Chambers
		 	Chairman, President & Chief Executive Officer

  

			
	Witness	  	 /s/ Todd R. Moore

		  	Todd R. Moore

  

	
	KELLY R. GINN
	
	 /s/ Kelly R. Ginn

	Kelly R. Ginn

  

 AGREEMENT 
 Page 11 of 11 
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