Document:

exv10w6

Exhibit 10.6

EXECUTION COPY

[Company Letterhead]

April 11, 2010

Robert Gaudette

1155 Perimeter Center West

Atlanta, GA 30338

     Dear Mr. Gaudette:

          On behalf of Mirant Corporation (the “Company”), I am pleased to confirm that RRI Energy, Inc.
(“Parent”) will offer you employment as Chief Commercial Officer of Parent, effective upon the
Effective Time (as defined under the Agreement and Plan of Merger by and among the Company, RRI
Energy, Inc. and RRI Energy Holdings, Inc., dated as of April 11, 2010 (the “Merger Agreement”)).
This Letter will be of no force or effect if the Merger Agreement terminates before the Effective
Time.

          The location of your employment will be in Houston, Texas. The details of your compensation
and relocation package will follow.

          The Company’s failure to cause Parent to assume this Letter as of the Effective Time or to
offer you employment in accordance with the terms of this Letter will constitute Good Reason under
the Change in Control Severance Plan (“CIC Severance Plan”).

          Please sign in the space below to formally accept this Letter and to acknowledge that,
notwithstanding anything in the CIC Severance Plan to the contrary, the relocation of your job to
Houston, Texas in connection with your promotion as described herein will not constitute Good
Reason as defined under the CIC Severance Plan.

          Please return the original to Julia Houston.

	 	 	 	 	 

	 

	 	Very Truly Yours,	 	 
	 

	 	/s/ Julia A. Houston 
	 	 
	 

	 	Julia A. Houston	 	 

 

 

 

Accepted
and Agreed:
 

	/s/ Robert Gaudette	 	April 9, 2010	 	 

	 

Name: Robert Gaudette

	 	 

Date:exv10w7

Exhibit 10.7

EXECUTION COPY

[Company Letterhead]

April 11, 2010

J. William Holden III

1155 Perimeter Center West

Atlanta, GA 30338

Dear Mr. Holden,

     On behalf of Mirant Corporation (the “Company) and in accordance with the terms and
conditions outlined in this letter (the “Letter”), I am pleased to confirm that RRI Energy,
Inc. (“Parent”) will offer you employment as Chief Financial Officer (“CFO”) of Parent,
effective upon the Effective Time (as defined under the Agreement and Plan of Merger by and
among the Company, RRI Energy Holdings, Inc. and RRI Energy, Inc., dated as of April 11,
2010 (the “Merger Agreement”)). This Letter will be of no force or effect if the Merger
Agreement terminates before the Effective Time. Capitalized terms used but not defined
herein will have the meaning in the Merger Agreement.

     Please find below, a summary of the key terms of your employment following the
Effective Time:

	 	•	 	Position. CFO of Parent, reporting to the Chief Executive Officer
(“CEO”) of Parent with duties and responsibilities commensurate with such
position.
	 
	 	•	 	Location. Houston, TX.
	 
	 	•	 	Compensation. Annual base salary will be $540,000, annual target
bonus will be no less than 75% of annual base salary and long term incentive
opportunities will be no less than 185% of annual base salary. Employee
benefits will be no less favorable than those provided to similarly situated
executives of Parent and its subsidiaries generally.
	 
	 	•	 	Relocation Benefits. Reimbursement of reasonable relocation,
commuting and living expenses (including temporary housing costs).
	 
	 	•	 	Equity Awards. As of the Effective Time, all equity awards that are
outstanding as of the Effective Time shall become fully vested and exercisable
and the post-termination exercise period will be governed by the agreements
evidencing such awards.
	 
	 	•	 	Retention Bonus. On the first business day following the second
anniversary of the Closing Date, Executive shall be paid an amount equal to the
cash severance Executive would have received under the Company’s Change in
Control Severance Plan (“CIC Severance Plan”), subject to the Executive’s
continued employment through the second anniversary of the Closing Date.

 

 

	 	•	 	Termination of Employment. If, prior to the second anniversary of
Closing Date, Executive dies, terminates due to Disability (as defined in the
CIC Severance Plan), is terminated by Parent without Cause (as defined in the
CIC Severance Plan), resigns for Good Reason (as defined herein) or terminates
for any reason following the termination of Edward R. Muller as CEO for any
reason, Executive will be paid the retention bonus in full.
	 
	 	•	 	Release. The payment of the retention bonus described above will be
conditioned on Executive’s execution and non-revocation of a general release of
claims in the form used for senior executives of Parent generally.
	 
	 	•	 	Good Reason. Means a material breach of this Letter or the failure
of the Company to cause Parent to assume this Letter as of the Effective Time or
offer Executive employment in accordance with the terms of this Letter after
Executive provides written notice to the Company of the breach or failure within
90 days following the initial existence of the breach or failure, the Company
does not cure the breach or failure within 30 days following receipt of the
written notice (the “Cure Period”) and Executive terminates within 90 days
following the end of the Cure Period.
	 
	 	•	 	Change in Control. Executive will be eligible for change in control
severance benefits upon qualifying terminations of employment following a change
in control that occurs after the Effective Time in an amount equal to three
times base salary and target annual bonus.
	 
	 	•	 	CIC Severance Plan. Executive will have no rights under the CIC
Severance Plan following the Effective Time, except Executive will be entitled
to the gross up benefits pursuant to Section 5.1 of the CIC Severance Plan.
	 
	 	•	 	Section 409A of the Code. Any reference to termination of employment
under this Letter shall mean “separation from service” within the meaning of
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”). To
the extent required by Section 409A of the Code, any payment under this Letter
to be made upon a “separation from service” within Section 409A of the Code
shall be made on the first business day that is six months following the date of
such “separation from service.”

	 	 	On behalf of the Board of Directors of the Company, we are excited that you have agreed
to accept this offer of employment and look forward to your continued employment. Please
sign in the space provided below to formally accept this Letter and return the original to
Julia Houston in the self-addressed envelope provided.

	 	 	 

	Very Truly Yours,
	 	 
	 
	/s/ Julia A. Houston
	 	 
	 

Julia A. Houston

	 	 

 

 

EXECUTION COPY

Acknowledgement:

I accept the position as offered under the terms and conditions outlined here in this Letter.

	 	 	 	 	 

	 
	/s/
J. William Holden, III 

Name: J. William Holden, III

	 	April 10, 2010 

Date:exv10w18

Exhibit 10.18

Ply Gem Industries, Inc.

5020 Weston Parkway, Suite 400

Cary, N.C. 27513

May 27, 2010

			
	Re:	 	Retention Bonus Award, Amendment

Dear Gary:

          Reference is made to the Letter Agreement between Ply Gem Industries, Inc. (the
“Company”) and you, as the Company’s President and Chief Executive Officer, dated November
7, 2008, regarding your Retention Bonus Award (the “Retention Bonus Award Letter”). All
capitalized terms not otherwise defined herein shall have the meaning attributed to them in the
Retention Bonus Award Letter.

          This letter hereby amends the Retention Bonus Award Letter as follows:

          1. The amount of the Retention Bonus referenced in the third paragraph of the Retention Bonus
Award Letter shall be amended by deleting the number “$2,000,000” and replacing it with
“$3,000,000”.

          2. The Payment Date referenced in the third paragraph of the Retention Bonus Award Letter
shall be amended by deleting the phrase “September 1, 2011” and replacing it with “the earlier of
(x) the effective date of the initial public offering of the Company generating gross proceeds in
excess of $100 million and (y) September 1, 2011”.

          This letter amendment agreement shall be governed by and construed in accordance with the laws
of the State of Delaware, without regard to conflicts of laws principles which could cause the laws
of another jurisdiction to apply. The parties acknowledge that any statements or representations
that may have been made heretofore regarding the terms and matters dealt with in this letter
amendment agreement are void and have no effect and that neither party has relied thereon.

          Nothing in this letter amendment agreement shall be deemed to entitle you to continued
employment with the Company.

          All other terms of the Retention Bonus Award Letter shall remain in full force and effect.

 

 

          Kindly sign this letter amendment agreement in the space indicated below at which time this
agreement shall become a binding agreement between you and the Company, enforceable in accordance
with its terms.

          On behalf of the Company, I thank you for your continued service.

	 	 	 	 	 	 	 	 	 

	 	 	PLY GEM INDUSTRIES, INC.	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:
	 	 	 	/s/ Shawn K. Poe	 	 
	 	 	 	 	 	 	 
	 	 	Name:	 	Shawn K. Poe	 	 
	 	 	Title:	 	Chief Financial Officer	 	 

	 	 	 

	Accepted and Agreed to:
	 	 
	 

	 	 
	 
	 	 
	     /s/ Gary E. Robinette
 

	 	 
	Gary E. Robinetteexv10w30

Exhibit 10.30

PLY GEM PRIME HOLDINGS, INC.

SUBSCRIPTION AGREEMENT

Dated as of: May 27, 2010

Ply Gem Prime Holdings, Inc.

c/o CI Capital Partners LLC

500 Park Avenue, 8th Floor

New York, NY 10022

Ladies and Gentlemen:

     This letter agreement (this “Agreement”) memorializes the agreement relating to the
purchase of equity in Ply Gem Prime Holdings, Inc., a Delaware corporation (the
“Corporation”) by each of the undersigned (each, a “Purchaser”). The purchase of
equity in the Corporation pursuant to this Agreement shall occur on June 1, 2010 and shall be
conditioned solely upon the simultaneous repurchase of equity in the Corporation from Gary
Robinette, pursuant to the Repurchase Agreement, dated as of the date hereof, by and between the
Corporation and Mr. Robinette.

     1. Each Purchaser has subscribed for the number of shares of Senior Preferred Stock, par value
of One Cent ($0.01) per share, of the Corporation set forth next to the name of such Purchaser on
Schedule A hereto under the heading “Number of Shares Purchased.” Payment by each
Purchaser therefor shall be made (upon the issuance of an appropriate certificate or certificates
representing such shares to and in the name of undersigned), at the price of One Hundred Dollars
($100.00) per share of Senior Preferred Stock in cash in the aggregate amount set forth next to the
name of such Purchaser on Schedule A hereto under the heading “Aggregate Purchase Price.”

 

 

     2. The Corporation represents that the shares subscribed for hereunder (the “Shares”),
when issued, shall be validly issued and fully paid and non-assessable and the certificates
therefor shall so state.

     3. Each Purchaser hereby:

          3.1 acknowledges that such Purchaser or such Purchaser’s representative has had access to the
kind of information concerning the Corporation that is required by Schedule A of the Securities Act
of 1933, as amended (the “Act”), to the extent that the Corporation possesses such
information;

          3.2 represents and warrants that such Purchaser has such knowledge and experience in financial
and business matters that such Purchaser is capable of utilizing the information that is available
to such Purchaser concerning the Corporations to evaluate the risks of investment in the
Corporations including the risk that such Purchaser could lose his entire investment;

          3.3 represents and warrants that such Purchaser is an “accredited investor” (as defined in
Regulation D promulgated under the Act);

          3.4 acknowledges that such Purchaser has been advised that the Shares have not been registered
under the Act and, accordingly, that such Purchaser may not be able to sell or otherwise dispose of
the Shares when the undersigned wishes to do so;

          3.5 represents and warrants that the Shares are being purchased by such Purchaser for such
Purchaser’s own sole benefit and account for investment and not with a view to, or for resale in
connection with, a public offering or distribution thereof;

2

 

          3.6 agrees that the Shares will not be resold (a) without registration thereof under the Act
(unless an exemption from such registration is available) or (b) in violation of any law;

          3.7 consents that the certificate or certificates representing the Shares may be impressed
with a legend indicating that the Shares are not registered under the Act and reciting that
transfer thereof is restricted;

          3.8 consents that stop transfer instructions in respect of the Shares may be issued to any
transfer agent, transfer clerk or other agent at any time acting for the Corporation;

          3.9 represents that (a) such Purchaser has the power and capacity to execute and deliver this
Agreement and to perform the provisions hereof; (b) this Agreement constitutes a legal and binding
obligation of such Purchaser enforceable against such Purchaser in accordance with its terms; and
(c) no consents or authorizations are required in connection with the execution, delivery or
performance by such Purchaser of this Agreement.

     4. This Agreement is to be governed and construed in accordance with the laws of the state of
Delaware, without regard to the conflict of laws principals thereof.

     5. This Agreement is the entire agreement between the parties and no prior promises or
agreements, express or implied, shall be of any force or effect.

     6. Each Purchaser and, by acceptance hereof, the Corporation hereby irrevocably and
unconditionally waive trial by jury in any legal action or proceeding

3

 

relating to this Agreement or any other documents related hereto and for any counterclaim
therein.

[The remainder of this page is intentionally left blank. Signatures follow.]

4

 

	 	 	 	 	 

	 	 	PURCHASERS:
	 
	 	 	 	 
	 	 	GEORGICA GP LLC
	 
	 	 	 	 
	 	 	By: Georgica Partnership, Inc., its managing
member
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Frederick J. Iseman
	 

	 	 	 	 
	 

	 	Name:
	 	 Frederick J. Iseman
	 

	 	Title:
	 	President
	 
	 	 	 	 
	 	 	SML FAMILY INVESTORS LLC
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Steven M. Lefkowitz
	 

	 	 	 	 
	 

	 	Name:
	 	 Steven M. Lefkowitz
	 

	 	Title:
	 	Managing Member
	 
	 	 	 	 
	 	 	CELTIC INVESTMENTS LP
	 
	 	 	 	 
	 	 	By: Ferris 2000 Family Trust, its general partner
	 
	 	 	 	 
	 

	 	By:
	 	/s/
Robert A. Ferris & Evelyn Jarvis Ferris 
	 

	 	Name:	 	Evelyn J. Ferris
	 

	 	Title:
	 	Trustee
	 
	 	 	 	 
	 	 	TIMOTHY T. HALL
	 
	 	 	 	 
	 	 	/s/ Timothy T. Hall
	 	 	 
	 
	 	 	 	 
	 	 	JOOST THESSELING
	 
	 	 	 	 
	 	 	/s/ Joost Thesseling
	 	 	 
	 
	 	 	 	 
	 	 	THOMAS RITCHIE
	 
	 	 	 	 
	 	 	/s/ Thomas Ritchie
	 	 	 
	 
	 	 	 	 
	 	 	EVAN WEINSTEIN
	 
	 	 	 	 
	 	 	/s/ Evan Weinstein
	 	 	 
	 
	 	 	 	 
	 	 	COLIN DARRETTA
	 
	 	 	 	 
	 	 	/s/ Colin Darretta
	 	 	 

[Signature page to Subscription Agreement]

 

 

	 	 	 	 	 
	Accepted as of the first date written above:

PLY GEM PRIME HOLDINGS, INC.

 	 	 
	By:  	/s/ Shawn K. Poe
 	 	 
	 	Name:  	Shawn K. Poe 	 	 
	 	Title:  	Chief Financial Officer 	 	 

[Signature page to Subscription Agreement]

 

 

	 	 	 	 	 

Schedule A

	 	 	 	 	 	 	 	 	 
	 	 	Number of	 	 	 	 
	 	 	Shares	 	 	Aggregate	 
	Purchaser	 	Purchased	 	 	Purchase Price	 
	Georgica GP LLC
	 	 	6,761.71	 	 	$	676,171	 
	SML Family Investors LLC
	 	 	1,266.86	 	 	 	126,686	 
	Celtic Investments LP
	 	 	1,789.75	 	 	 	178,975	 
	Tim Hall
	 	 	240.65	 	 	 	24,065	 
	Joost Thesseling
	 	 	266.79	 	 	 	26,679	 
	Tom Ritchie
	 	 	74.39	 	 	 	7,439	 
	Evan Weinstein
	 	 	250.00	 	 	 	25,000	 
	Colin Darretta
	 	 	125.00	 	 	 	12,500	 
	 
	 	 	 	 	 	 
	 
	 	 	10,775.15	 	 	$	1,077,515

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