Document:

EX-10.1

 Exhibit 10.1 

APOGEE ENTERPRISES, INC. 

2016 EXECUTIVE MANAGEMENT INCENTIVE PLAN 

BONUS POOL AWARD AGREEMENT 

Fiscal Year [year] 

Section 1.  Establishment 

This Bonus Pool Award Agreement (the “Agreement”) is entered into as of the      day of
            ,         , by and between Apogee Enterprises, Inc., a Minnesota corporation (the “Company”), and
            , an individual resident of the State of                 
(“Participant”). 
 Section 2.  The Plan 

The Company has established the Apogee Enterprises, Inc., 2016 Executive Management Incentive Plan (the “Plan”) for
certain executive officers. Participant has been selected by the Compensation Committee of the Company’s Board of Directors (the “Committee”) to be eligible to participate in the Plan. Participant hereby acknowledges receipt of a copy
of the Plan. The Annual Bonus Pool Award made to Participant hereby is subject to all of the terms and conditions of the Plan, which terms and conditions are hereby incorporated by reference herein and made a part hereof. 

Section 3.  Conditions to Participation 

As a condition to participate in the Plan and to receive an Annual Bonus Pool Award, Participant shall execute and return to
the Committee a duplicate of this Agreement. 
 Section 4.  Performance Based Award 

(a)        Performance-Based Award.    The Annual
Bonus Pool Award is intended to be a Performance-Based Award within the meaning of the Plan, and all of the terms and conditions of this Award shall be interpreted in such a manner so as to qualify all compensation paid hereunder as “qualified
performance-based compensation” within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”). 

(b)        Bonus Pool.    Not later than 90 days after the
beginning of each fiscal year, the Committee will establish a bonus pool (the “Bonus Pool”) equal to a percentage of one or more pre-established, objective Company performance factors (e.g., EBITDA, ROIC or sales) selected by the
Committee for the fiscal year. The performance factors and the applicable percentage thereof that make up the Bonus Pool for the [year] fiscal year (the “Performance Period”) are set forth in Appendix I, along with the
percentage share in the Bonus Pool to be reserved as an Annual Bonus Pool Award to the Participant for the Performance Period. 

Section 5.  Earned Awards 

Following the close of each Performance Period and prior to payment of any amount to any Participant under the Plan, the
Committee must certify in writing as to the computation of the Annual Bonus Pool Award. As provided for in the Plan, the maximum Annual Bonus Pool Award which may be awarded to the Participant pursuant to the Plan with respect to any Performance
Period shall not exceed $3,000,000. 

  

					
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 Section 6.  Award Payments 

On or around May 15 following the close of the Performance Period, and following the computation of the Annual Bonus Pool
Award, the Participant shall be paid in cash. The Committee shall retain sole and full discretion to reduce, in whole or in part, the amount of any Annual Bonus Pool Award otherwise payable to the Participant under the Plan. Payment of the Annual
Bonus Pool Award may be made, subject to any deferred compensation election which may be permitted pursuant to any deferred compensation plan of the Company on which the Participant participates, at such times, with such restrictions and with such
conditions as the Committee, in its sole discretion, may determine at the time of the grant of the Annual Bonus Pool Award. 

Section 7.  Recoupment 

Participant acknowledges, understands and agrees that, notwithstanding anything to the contrary contained herein, the Annual
Bonus Pool Award to which the Participant is otherwise entitled (or which has been paid) is subject to forfeiture or recoupment, in whole or in part, at the direction of the Company’s Board of Directors (the “Board”) if, in the
judgment of the Board, events have occurred that are covered by the Company’s Clawback Policy (as it exists on the date hereof, and as it may be amended from time to time by the Board, the “Clawback Policy”) and the Board further
determines, in its sole discretion, that forfeiture or recoupment of all or part of the Annual Bonus Pool Award is appropriate under all of the circumstances considered by the Board. A copy of the Clawback Policy may be obtained from the General
Counsel upon the Participant’s request. 
 Section 8.  Termination of Employment 

(a)        If the Participant’s employment with the Company or its subsidiaries
terminates during a Performance Period for any reason other than Disability or Retirement (as such terms are defined below) or death, the Participant shall forfeit any and all rights under the Plan and this Agreement relating to such Performance
Period. 
 (b)        If the Participant’s employment with the Company or its
subsidiaries terminates during a Performance Period as a result of Disability or Retirement (as such terms are defined below) or death, the Participant or the Participant’s beneficiary or estate shall receive a cash settlement after such
Performance Period has expired and all performance calculations have been made. Such settlement shall be computed by: 

(i)        determining the Annual Bonus Pool Award at the end of the
Performance Period that would have been earned if the Participant’s employment had continued through the Performance Period, and 

(ii)        multiplying the result in (i) by a fraction, the
numerator of which is the number of full fiscal weeks in such Performance Period that the Participant was an employee of the Company or its subsidiaries and the denominator of which is the number of full fiscal weeks comprising the Performance
Period. 

  
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 Unless the Participant has delivered to the Company a beneficiary designation in a form
acceptable to the Company, the cash settlement shall be made according to the laws of descent and distribution upon the death of the Participant. 

(c)        Disability.  For purposes of this Agreement,
“Disability” shall mean any physical or mental condition which would qualify the Participant for a disability benefit under any long-term disability plan maintained by the Company or any Affiliate (as defined in the Plan) then employing
the Participant. 
 (d)        Retirement.    For
purposes of this Agreement, “Retirement” shall mean the Participant’s termination of his or her employment relationship with the Company under such circumstances determined to constitute retirement by the Committee in its sole
discretion. 
 Section 9.  Nature of Payments 

Any and all cash payments pursuant to any Annual Bonus Pool Award granted hereunder shall constitute special incentive
payments to the Participant, and such payments shall not be taken into account in computing the amount of the Participant’s salary or compensation for purposes of determining any pension, retirement, death or other benefits under (i) any
pension, retirement, profit sharing, bonus, life insurance or other employee benefit plan of the Company or any Affiliate or (ii) any agreement between the Company (or any Affiliate) and the Participant, except to the extent that such plan or
agreement expressly provides to the contrary. 
 Section 10.  Interpretations 

This Agreement is subject in all respects to the terms of the Plan. In the event that any provision of this Agreement is
inconsistent with the terms of the Plan, the terms of the Plan shall govern. Any question of administration or interpretation arising under this Agreement shall be determined by the Committee, and such determination shall be final and conclusive
upon all parties in interest. 
 Section 11.  Governing Law 

This Bonus Pool Award Agreement shall be governed by and construed in accordance with the internal laws, and not the laws of
conflicts, of the State of Minnesota. 

  
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 IN WITNESS WHEREOF, the parties hereto have entered into this Agreement as of the
date first set forth herein. 
  

							
		 	APOGEE ENTERPRISES, INC.	  	

							
				
		 	By:	  	  
	  	
				
		 	Its:	  	  
	  	

							
			
		 	PARTICIPANT	  	
			
		 	  
	  	

  
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 APPENDIX I 

FISCAL YEAR [year] BONUS POOL AWARD OBJECTIVES AND AMOUNT 

A.  Bonus Pool 
 [to be
determined by the Compensation Committee.] 
 B.  Annual Bonus Pool Award 

[to be determined by the Compensation Committee.] 

  
 Page 5EX-10.3

 Exhibit 10.3 
  

							
	 

  
	  	CEO EVALUATION-BASED 
RETENTION INCENTIVE AGREEMENT
	 GRANTED TO

 
	  	 GRANT DATE

 
	  	 AMOUNT OF AWARD
($)
  
	  	  

SOCIAL 
 SECURITY NUMBER

 

	  

[Name]
  

[Street]
  

[City], [State] [Postal]
  
	  	
    /    /20    

 
  
	  	 Target Amount:
            
  

Maximum Amount:             

 
	  	[SSN]

  

	1.	This Agreement. This agreement, together with Exhibit A (collectively, the “Agreement”), sets forth the terms and conditions of a performance award representing the right to receive a
deferred cash payment from Apogee Enterprises, Inc., a Minnesota corporation (the “Company”). This Agreement is issued pursuant to the Apogee Enterprises, Inc. 2016 Executive Management Incentive Plan, as amended from time to time
(the “Plan”), and subject to its terms. 

  

	2.	The Award. The Compensation Committee of the Company’s Board of Directors (the “Committee”) has established a bonus pool (the “20     Bonus Pool”)
equal to         % of the Company’s              for the fiscal year 20    . The individual named above
(the “Employee”) has been awarded     % of the 20     Bonus Pool pursuant to a Bonus Pool Award Agreement (the “20     Bonus Pool Award”);
provided, that the Committee retains sole and full negative discretion to reduce the Employee’s 20     Bonus Pool Award, in whole or in part (or discretion to impose such additional performance conditions on all or
part of the award as it determines). The Committee has determined to earmark a cash value from the Employee’s 20     Bonus Pool Award equal to the maximum amount set forth above (the “Performance
Award”) that will be conditioned upon the Employee’s achievement of a satisfactory performance evaluation by the Company’s Board of Directors, as described below. 

 

	3.	Performance Period. The “Performance Period” shall be fiscal year 20    . 

  

	4.	Determination. Subject to the terms and conditions of this Agreement, the amount of cash that becomes payable to the Employee pursuant to this Performance Award (the “Cash Value”) will be based
upon the average rating of the annual performance evaluation conducted by the Company’s Board of Directors. The Cash Value may be more or less than the target amount set forth above, but in no event may the Cash Value exceed the maximum amount
set forth above. Furthermore, because the source of the Cash Value payable hereunder is the Employee’s share of the 20     Bonus Pool, the Cash Value is subject to and otherwise remains limited by the terms of the
Employee’s 20__ Bonus Pool Award. (By way of example, if the 20     Bonus Pool were $0, the Employee’s 20     Bonus Pool Award would be $0, which means the Cash Value would also be $0,
regardless of achievement of satisfactory performance evaluation.) 

 The determination of the Cash Value amount will occur as
soon as practicable after the Committee determines, in its sole discretion after the end of the Performance Period, whether, and the extent to which, the performance conditions have been achieved (the “Determination Date”). As soon
as administratively feasible following the Determination Date (but in no event later than 75 days following the end of the Performance Period, the Company shall credit the Cash Value to a notional account established under the Apogee Enterprises,
Inc. 2011 Deferred Compensation Plan (the “Deferred Compensation Plan”) (the “LTI Account”). Thereafter, the LTI Account shall be credited with earnings, gains or losses in accordance with the terms of the Deferred Compensation
Plan. All amounts credited to the LTI Account shall remain subject to forfeiture pending the Employee remaining in employment with the Company through April 28, 2019 (the “Retention Period”), except as provided in paragraphs 5,
6 and 7 below. 
  

	5.	Termination of Employment. In the event the Employee’s employment is terminated prior to the end of the Retention Period, this Performance Award and any LTI Account under the Deferred Compensation Plan shall
be immediately and irrevocably forfeited, unless the Employee’s employment is terminated under the circumstances described below. 

  
 1 

 In the event the Employee’s employment is terminated prior to the end of the Retention
Period by reason of Disability (as defined in the Plan) or death (a “Qualifying Termination”), the Retention Period shall end on the date of the Qualifying Termination. In the event the Employee incurs a Qualifying Termination before the
end of the Performance Period, the LTI Account shall be credited with a pro-rata portion (based on the amount of time elapsed between the beginning of the Performance Period and the date of termination, as
determined under the Plan) of the Cash Value determined under paragraph 4 above. 
  

	6.	Change in Control. Upon a Change in Control (as defined in the Apogee Enterprises, Inc. 2009 Stock Incentive Plan, as amended and restated (2011)), the Retention Period shall end on the date of the Change in
Control. 

  

	7.	Recoupment. Employee acknowledges, understands and agrees that, notwithstanding anything to the contrary contained herein, the LTI Account to which Employee is otherwise entitled (or which has become vested or
been paid) is subject to forfeiture or recoupment, in whole or in part, at the direction of the Company’s Board of Directors (the “Board”) if, in the judgment of the Board, events have occurred that are covered by the Company’s
Clawback Policy (as it exists on the date hereof, and as it may be amended from time to time by the Board, the “Clawback Policy”) and the Board further determines, in its sole discretion, that forfeiture or recoupment of all or part of the
LTI Account is appropriate under all of the circumstances considered by the Board. A copy of the Clawback Policy may be obtained from the Company’s General Counsel upon the Employee’s request. 

 

	8.	Payment. The vested LTI Account shall be paid to the Employee in accordance with the terms of the Deferred Compensation Plan; provided, that if the deferral under the Deferred Compensation Plan may not be given
effect under section 409A of the Internal Revenue Code, then the vested LTI Account shall be paid in a lump sum no later than March 15th of the calendar year following the year in which the right
to the LTI Account is no longer subject to a substantial risk of forfeiture. 

  

	9.	Restrictions on Transfer. Neither this Performance Award, nor any right with respect to this Performance Award under this Agreement, may be sold, assigned, transferred or pledged, other than by will or the laws
of descent and distribution, and any such attempted transfer shall be void. 

  

	10.	Income Taxes. The Employee is liable for any federal, state and local income or other taxes applicable upon the grant of this Performance Award and the receipt of any payments pursuant to this Performance Award,
and the Employee acknowledges that he or she should consult with his or her own tax advisor regarding the applicable tax consequences. The Company will satisfy any applicable tax withholding obligations arising from any payment of this Performance
Award by withholding a portion of the cash otherwise to be delivered equal to the amount of such taxes. 

  

	11.	Acknowledgment. This Performance Award shall not be effective until the Employee dates and signs the form of Acknowledgment below and returns a signed copy of this Agreement to the Company. By signing the
Acknowledgment, the Employee agrees to the terms and conditions of this Agreement, the Plan and the Deferred Compensation Plan. 

  

					
	ACKNOWLEDGMENT:	  		  	 APOGEE ENTERPRISES, INC.
  

			
	  
	  		  	By:
	EMPLOYEE’S SIGNATURE	  		  	  

		  		  	     [Name]
	  
	  		  	     [Title]
	DATE	  		  	
			
	  
	  		  	  

	SOCIAL SECURITY NUMBER	  		  	DATE

  
 2 

 EXHIBIT A 

PERFORMANCE GOALS UNDER THE 

CEO EVALUATION-BASED 

RETENTION INCENTIVE AGREEMENT 

Fiscal 20     Evaluation Criteria 
  

			
	  

Evaluation Criteria
  
	  	  

Weighting
  

	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 
	 	  	 

  
 A-1

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