Document:

Ply
      Gem Prime Holdings, Inc.

    600
      West Major Street 

    Kearney,
      Missouri 64060

     

    

    September
      25, 2006

    

    Michael
      P. Haley

    910
      Mulberry Road

    Martinsville,
      VA 24112

    

    Re: Phantom
      Additional Unit Award Agreement Amendment

    

    Dear
      Mr.
      Haley:

    

    

    As
      you
      know, the Board of Directors (the “Board”) of Ply Gem Prime Holdings, Inc. (the
“Company”) has determined that it is desirable to amend and shorten the lifespan
      of the nonqualified deferred compensation arrangement represented by your
      Phantom Additional Unit Award under the Ply Gem Prime Holdings, Inc. Amended
      and
      Restated Phantom Stock Plan (the “Phantom Plan”). The primary reason for this
      determination is the significant uncertainty regarding the proper application
      of
      new Internal Revenue Code Section 409A, particularly as applied to phantom
      equity arrangements of private companies. Any Section 409A compliance mistake
      can result in phantom equity holders having to pay substantial penalty taxes
      in
      addition to regular income taxes. (Capitalized terms used but not defined in
      this letter shall have the meaning ascribed to such terms in the Phantom Plan,
      or, if not defined therein, in your Phantom Additional Unit Award
      Agreement.)

     

    Phantom
      Common Equity Converted to Dollars and Paid Out on January 31,
      2007.
      On the
      date of this letter, the portion of your Account that is represented by the
      portion of the Phantom Additional Units credited to your Account as of the
      date
      of this letter that represents shares of Common Stock (“Common Strip Units”),
      and not the portion that represents shares of Preferred Stock (“Preferred Strip
      Units”), shall be assigned a cash value, calculated by multiplying $10.00 by the
      number of Common Strip Units credited to your Account on the date of this
      letter. Such portion of your Account is referred to herein as the “Common
      Account.” After the date of this letter, the Common Account shall be denominated
      in U.S. dollars rather than in Common Stock or any other form of real or phantom
      equity, and, until January 31, 2007, the value of the Common Account shall
      be
      updated as if interest was credited on the value of the Common Account, and
      compounded at December 31, 2006, at a rate equal to the applicable federal
      rate
      for short-term loans. 

     

    On
      January 31, 2007, the Company shall pay you a one-time, lump-sum cash payment
      equal to the value of your Common Account on such date, calculated as described
      in the preceding paragraph, even if your employment is terminated
      earlier.

     

    Phantom
      Preferred Equity Converted to Dollars and Paid Out Over
      Time.
      On the
      date of this letter, the portion of your Account that is represented by
      Preferred Strip Units shall be assigned a cash value equal to the face amount
      of
      the shares of Preferred Stock represented by such Preferred Strip Units and
      shall be credited with deemed earnings, as if with interest, at an annual rate
      of 10%, compounded semi-annually as of each June 30 and December 31, from the
      date of issuance of the Phantom Additional Unit Award through the date of
      payment. This portion of your Account shall be paid to you, in cash, in
      accordance with the following schedule: one-third of the original face amount
      shall be paid on each of August 31, 2009, 2010, and 2011, in each case together
      with deemed earnings (accrued to the date of payment) on the portion of the
      Account then being paid; provided, that the full unpaid amount of the account
      including deemed earnings thereon accrued to the date of payment shall be
      payable upon the earliest of your (i) death, (ii) Disability (as defined in
      the
      Plan) and (iii) the occurrence of an event which is both a Realization Event
      (as
      defined in the Plan) and a Change of Control as defined in section 409A of
      the
      Internal Revenue Code. 

     

    Despite
      any reference in this letter or in the Phantom Plan to any “Account”, the
      arrangement represented by your Award, as modified by this letter, remains
      a
      nonqualified deferred compensation arrangement. To the extent that any
      provisions of the Phantom Plan or your Phantom Additional Unit Award Agreement
      are inconsistent with the terms of this letter, including, without limitation,
      any provision regarding the payment of your Account in the form of, or valuation
      of your Account by reference to Preferred Stock or any provision regarding
      the
      payment of your Account following termination of employment or any IPO or
      Realization Event, such provisions shall be deemed amended to the extent
      necessary to be consistent with this letter and, if they cannot be read to
      be
      consistent with this letter, then they shall be void and of no further force
      and
      effect as applied to your Award.

     

    *
      *
      *

     

    By
      signing this letter in the space below, you indicate your consent to the
      amendments to your Phantom Additional Unit Award on the terms set forth in
      this
      letter.

     

    Ply
      Gem
      Prime Holdings, Inc.

     

    

     

    By:
      ___________________________

    Name:
      Shawn K. Poe

    Title:
      Chief Financial Officer

     

    Accepted
      and Agreed to:

    

    

    

    By:
      __________________________

    Michael
      P. HaleyExhibit 10.7

    Ply
      Gem Prime Holdings, Inc.

    600
      West Major Street 

    Kearney,
      Missouri 64060

     

    

    September
      25, 2006

    

    Shawn
      Poe

    8615
      N.
      Donnelly Ave.

    Kansas
      City, MO 64157

    

    Re: Phantom
      Incentive Unit Award Agreement Amendment

    

    Dear
      Mr.
      Poe:

    

    

    As
      you
      know, the Board of Directors (the “Board”) of Ply Gem Prime Holdings, Inc. (the
“Company”) has determined that it is desirable to amend and shorten the lifespan
      of the nonqualified deferred compensation arrangement represented by your
      Phantom Incentive Unit Award under the Ply Gem Prime Holdings, Inc. Amended
      and
      Restated Phantom Stock Plan (the “Phantom Plan”). The primary reason for this
      determination is the significant uncertainty regarding the proper application
      of
      new Internal Revenue Code Section 409A, particularly as applied to phantom
      equity arrangements of private companies. Any Section 409A compliance mistake
      can result in phantom equity holders having to pay substantial penalty taxes
      in
      addition to regular income taxes. (Capitalized terms used but not defined in
      this letter shall have the meaning ascribed to such terms in the Phantom Plan
      or, if not defined therein, in your Phantom Incentive Unit Award
      Agreement.)

     

    Your
      Account under the Phantom Plan shall (i) as of the date of this letter, be
      assigned a cash value, calculated by multiplying $10.00 by the number of Phantom
      Incentive Units credited to your Account on the date of this letter, and, (ii)
      at all times after the date of this letter, be denominated in U.S. dollars
      rather than Common Stock or any other form of real or phantom equity. After
      the
      date of this letter and until January 31, 2007, the value of the Account shall
      be updated as if interest was credited on the value of the Account, and
      compounded at December 31, 2006, at a rate equal to the applicable federal
      rate
      for short-term loans. 

     

    On
      January 31, 2007, the Company shall pay you a one-time, lump-sum cash payment
      equal to the value of your Account on such date, calculated as described in
      the
      preceding paragraph, even if your employment with the Company or its Affiliates
      is terminated earlier.

     

    Despite
      any reference in this letter or in the Phantom Plan to an “Account”, the
      arrangement represented by your Phantom Incentive Unit Award, as modified by
      this letter, remains a nonqualified deferred compensation arrangement. To the
      extent that any provisions of the Phantom Plan or the Phantom Incentive Unit
      Award Agreement are inconsistent with the terms of this letter, including,
      without limitation, any provisions regarding the payment of your Account in
      the
      form of, or valuation of your Account by reference to, Common Stock effective
      on
      and after the date of this letter or the payment of your Account following
      termination of employment or any IPO or Realization Event, such provisions
      shall
      be deemed amended to the extent necessary to be consistent with this letter
      and,
      if they cannot be read to be consistent with this letter, then they shall be
      void and of no further force and effect as applied to your Phantom
      Award.

     

    *
      *
      *

     

    By
      signing this letter in the space below, you indicate your consent to the
      amendments to your Phantom Incentive Unit Award on the terms set forth in this
      letter.

     

    Ply
      Gem
      Prime Holdings, Inc.

     

    

     

    By:
      ___________________________

    Name:
      Lee
      D. Meyer

    Title:
      Chief Executive Officer and President

     

    Accepted
      and Agreed to:

    

    

    By:
      __________________________

    Shawn
      K.
      PoeExhibit 10.8

    

      Ply
        Gem Prime Holdings, Inc.

      600
        West Major Street 

      Kearney,
        Missouri 64060

       

      

      September
        25, 2006

      

      Lee
        D.
        Meyer

      208
        Shawna Drive

      Kearney,
        MO 64060

      

      Re: Phantom
        Additional Unit Award Agreement Amendment

      

      Dear
        Mr.
        Meyer:

      

      

      As
        you
        know, the Board of Directors (the “Board”) of Ply Gem Prime Holdings, Inc. (the
“Company”) has determined that it is desirable to amend and shorten the lifespan
        of the nonqualified deferred compensation arrangement represented by your
        Phantom Additional Unit Award under the Ply Gem Prime Holdings, Inc. Amended
        and
        Restated Phantom Stock Plan (the “Phantom Plan”). The primary reason for this
        determination is the significant uncertainty regarding the proper application
        of
        new Internal Revenue Code Section 409A, particularly as applied to phantom
        equity arrangements of private companies. Any Section 409A compliance mistake
        can result in phantom equity holders having to pay substantial penalty taxes
        in
        addition to regular income taxes. (Capitalized terms used but not defined
        in
        this letter shall have the meaning ascribed to such terms in the Phantom
        Plan,
        or, if not defined therein, in your Phantom Additional Unit Award
        Agreement.)

       

      Phantom
        Common Equity Converted to Dollars and Paid Out on January 31,
        2007.
        On the
        date of this letter, the portion of your Account that is represented by the
        portion of the Phantom Additional Units credited to your Account as of the
        date
        of this letter that represents shares of Common Stock (“Common Strip Units”),
        and not the portion that represents shares of Preferred Stock (“Preferred Strip
        Units”), shall be assigned a cash value, calculated by multiplying $10.00 by the
        number of Common Strip Units credited to your Account on the date of this
        letter. Such portion of your Account is referred to herein as the “Common
        Account.” After the date of this letter, the Common Account shall be denominated
        in U.S. dollars rather than in Common Stock or any other form of real or
        phantom
        equity, and, until January 31, 2007, the value of the Common Account shall
        be
        updated as if interest was credited on the value of the Common Account, and
        compounded at December 31, 2006, at a rate equal to the applicable federal
        rate
        for short-term loans. 

       

      On
        January 31, 2007, the Company shall pay you a one-time, lump-sum cash payment
        equal to the value of your Common Account on such date, calculated as described
        in the preceding paragraph, even if your employment is terminated
        earlier.

       

      Phantom
        Preferred Equity Converted to Dollars and Paid Out Over
        Time.
        On the
        date of this letter, the portion of your Account that is represented by
        Preferred Strip Units shall be assigned a cash value equal to the face amount
        of
        the shares of Preferred Stock represented by such Preferred Strip Units and
        shall be credited with deemed earnings, as if with interest, at an annual
        rate
        of 10%, compounded semi-annually as of each June 30 and December 31, from
        the
        date of issuance of the Phantom Additional Unit Award through the date of
        payment. This portion of your Account shall be paid to you, in cash, in
        accordance with the following schedule: one-third of the original face amount
        shall be paid on each of August 31, 2009, 2010, and 2011, in each case together
        with deemed earnings (accrued to the date of payment) on the portion of the
        Account then being paid; provided, that the full unpaid amount of the account
        including deemed earnings thereon accrued to the date of payment shall be
        payable upon the earliest of your (i) death, (ii) Disability (as defined
        in the
        Plan) and (iii) the occurrence of an event which is both a Realization Event
        (as
        defined in the Plan) and a Change of Control as defined in section 409A of
        the
        Internal Revenue Code. 

       

      Despite
        any reference in this letter or in the Phantom Plan to any “Account”, the
        arrangement represented by your Award, as modified by this letter, remains
        a
        nonqualified deferred compensation arrangement. To the extent that any
        provisions of the Phantom Plan or your Phantom Additional Unit Award Agreement
        are inconsistent with the terms of this letter, including, without limitation,
        any provision regarding the payment of your Account in the form of, or valuation
        of your Account by reference to Preferred Stock or any provision regarding
        the
        payment of your Account following termination of employment or any IPO or
        Realization Event, such provisions shall be deemed amended to the extent
        necessary to be consistent with this letter and, if they cannot be read to
        be
        consistent with this letter, then they shall be void and of no further force
        and
        effect as applied to your Award.

       

      *
        *
        *

       

      By
        signing this letter in the space below, you indicate your consent to the
        amendments to your Phantom Additional Unit Award on the terms set forth in
        this
        letter.

       

      Ply
        Gem
        Prime Holdings, Inc.

       

      

       

      By:
        ___________________________

      Name:
        Shawn K. Poe

      Title:
        Chief Financial Officer

       

      Accepted
        and Agreed to:

      

      

      

      By:
        __________________________

      Lee
        D.
        Meyer

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