Document:

EX-10.1

 EXHIBIT 10.1 

	
	
	

	 Brent Korb      

Senior Vice President – Finance      

Chief Financial Officer      

 CONFIDENTIAL 

January 9, 2016 
 Scott Zuehlke 

3318 Mallard Run Court 
 Katy, TX 77494 

Dear Scott, 
 I am pleased to offer you the position of Vice
President – Investor Relations & Treasurer for Quanex Building Products Corporation (Company), reporting directly to Brent Korb, Senior Vice President and Chief Financial Officer, effective on January 25, 2016 (“Effective
Date”). Responsibilities of this position will be consistent with what was discussed with you during the interview process. 
 Your total compensation
will include the following: 
  

	 	1.	Base Salary. Your base salary will be $9,615.38 paid bi-weekly (annualized at $250,000). 

  

	 	2.	Annual Incentive Award (AIA). The current AIA target for your position is 50% of your base salary and a maximum of 100%. You will be pro-rated for the FY 2016 Award. 

 

	 	3.	Long Term Incentive Award (LTI). You will also be eligible to receive a Long Term Incentive Award in December 2016 based upon approval of the Compensation and Management Development Committee. Currently, the LTI
target for your position is 70% of your base salary. The Long Term Incentive Award is comprised of grants from the Omnibus Incentive Plan that typically include a mix of options, restricted stock and Performance Shares. The Performance Shares have
historically been based on the Company achieving a certain level of Earnings per Share growth and Relative Total Shareholder Return results against our peer group over a three year period. 

 

	 	4.	Initial Restricted Stock Grant. You will receive 4,700 shares of the Company’s Restricted Stock on the Effective Date of your employment. This stock will cliff vest on the third anniversary of the Effective
Date. However in the event of a change in control, as defined in the 2008 QBP Omnibus Incentive Plan, you will become fully vested in your restricted stock award of 4,700 shares. 

 

	 	5.	Initial Stock Option Grant. You will receive a Non-Incentive Stock Option Grant to purchase 12,500 shares of Quanex Building Products Corporation common stock for a per-share exercise price equal to the closing
price on the Effective Date. The option grant will ratably vest in thirds on the first, second and third anniversary of the Effective Date. However, the option will become fully vested and exercisable in the event of a change in control, as defined
in the 2008 Omnibus Incentive Plan. 

  
 www.quanex.com 

	 	6.	Initial Performance Share Grant. You will receive a grant of 4,300 Performance Shares that will vest on October 31, 2018. The Performance Share goals are weighted equally based on Relative Total Shareholder
Return and Earnings Per Share Growth. The Performance Shares will be paid 50% in cash and 50% in shares pursuant to the terms of the Award Agreement, with the payout amounts determined by Quanex performance as compared to the performance goals.

  

	 	7.	Deferred Compensation Plan. Pursuant to the terms of the Quanex Building Products Deferred Compensation Plan, you will have the opportunity to defer all or a portion of the compensation you receive under
the Annual Incentive Program (AIA). You are not subject to income tax on the compensation you defer or the associated earnings until you actually receive a distribution under the Plan. 

 

	 	8.	Vacation. You will be entitled to four weeks of paid vacation each calendar year. 

  

	 	9.	Change in Control. As an Officer of Quanex Building Products Corporation you will be eligible for protection under the provision of the Corporate Change in Control Agreement. 

 

	 	a.	The Change in Control Agreement provides for a “double trigger.” First a change in control of Quanex Building Products Corporation must occur. Generally a change in control would occur if an unrelated person
purchased 20 percent or more of Quanex Building Products Corporation’s outstanding stock. Second, your employment must be terminated by the acquiring organization for other than cause, or you must resign for “good reason” as defined
in the Change in Control Agreement. 

  

	 	b.	The Change in Control Agreements provides that in the event you become entitled to benefits under the agreement that you would receive two times your base salary and annual incentive (defined as max of the target annual
incentive or the actual annual incentive from the previous year), so long as the benefits do not exceed IRC Section 280G limits. This means that in the event change in control severance benefits exceed the IRC 280G limits, you will receive
either the net benefits after the excise tax is calculated, or the benefits will be cut back to the point that they do not exceed the limits, whichever is greater. 

 

	 	c.	Examples of “good reason” defined in the Change in Control Agreement include: (1) when the common stock of Quanex Building Products Corporation or the entity into which Quanex Building Products
Corporation is merged is no longer being actively traded on the New York Stock Exchange; and (2) the “relocation of the executive’s principal office outside the portion of the metropolitan area of the City of Houston, Texas that is
located within the Highway known as ‘Beltway 8’.” 

  

	 	10.	Benefits. You will be eligible to participate in the Quanex Building Products Group Benefits Plan beginning on the first day of the month following 30 days of employment. It is a flexible cafeteria plan that
offers a variety of benefit choices from which you can select that will best meet the needs of you and your family. Additionally, the Company provides certain benefits that are employer-paid (i.e., short-term disability, long-term disability, basic
life insurance, and AD&D benefits). 

	 	11.	401(k) Plan. You will be eligible to participate in the Quanex Building Products Salaried and Nonunion Employee 401(k) Plan. You may contribute up to a maximum of 50% of your eligible compensation up to the
government mandated maximum. Under the terms of the 401(k) Savings Plan, Quanex will match $0.50 for each dollar you contribute up to a maximum of 5% of your eligible compensation. There is a five year vesting schedule on the Company match. In
addition, you may elect to save on a before-tax or after-tax basis, or a combination of the two. 

  

	 	12.	Pension. You will be eligible for pension benefits from two programs, Quanex Building Products Salaried and Nonunion Employee Pension Plan (the Qualified Plan), and the Quanex Building Products Restoration Plan
(the Nonqualified Plan). 

  

	 	a.	Qualified Plan. You will be eligible for the qualified plan provided you meet the vesting requirements of the plan. The qualified plan consists of a notional account balance in your name. The account will receive
an annual benefit credit of 4% based on your base pay plus bonus paid during the year. In addition to annual interest credits based on the 30 year Treasury (rate is established each August for the next year). The benefit is portable once you are
vested (100% after three years of vesting service), you can take it with you if you leave. 

  

	 	b.	Nonqualified Plan. The Restoration Plan is a nonqualified plan designed to provide substantial additional pension benefits to Corporate Officers. The Restoration Plan restores benefits on pay in excess of the
Internal Revenue Code limits for qualified plans. Under the Restoration Plan, you will be eligible to receive a lump sum payment upon your separation from service equal to: 

 

	 	i.	the benefit payable to you under the Qualified Plan if your compensation taken into account under that plan were not capped at the amount required under Section 401(a)(17) of the Internal Revenue Code (currently
$265,000), 

  

	 	ii.	reduced by the benefit payable to you under the Qualified Plan taking into account only the amount of your compensation allowed under Section 401(a)(17) of the Internal Revenue Code (currently $265,000).

 The specific elements of your compensation taken into account for purposes of the Restoration Plan are the same as those
items of your compensation taken into account for purposes of the Qualified Plan, described above. 
 The Restoration Plan will be
administered in a manner that is intended to comply with Section 409A of the Internal Revenue Code. 
  

	 	13.	Executive Severance Provision. The purpose of this provision is to establish a severance provision for you that recognizes the relatively more difficult employment transition that occurs upon the termination of
employment of higher paid individuals. Therefore, in the event that your employment is terminated by the Company during your first two years of employment for a reason other than an Event of Termination for Cause as defined in your Change in
Control Agreement, you shall be entitled to the following benefits: 

	 	a.	Base Salary for One Year. Annualized base salary as in effect immediately before the date of termination of employment, paid bi-weekly for a period of 12 months starting on the date of termination of employment.

  

	 	b.	Partial AIA Bonus Payment. The AIA bonus you earned in the fiscal year in which your termination of employment occurs will be determined on a prorated basis by the Board of Directors. 

 

	 	c.	Continuation of Welfare Benefits. The Company, at its expense, will pay COBRA (Consolidated Omnibus Reconciliation Act) premiums for the Company’s group health plan coverage (i.e. medical, dental, vision,
life, disability and any other company welfare plans in which you participate) for up to 12 months following the termination of your employment. However, if during the 12 month period you become gainfully employed, the COBRA benefits shall cease and
be terminated. 

 However, no benefits are payable to you under this “severance provision” if you are entitled to
receive change in control benefits under your Change in Control Agreement. 
 In the event your termination is an “Event of Termination
for Cause” as defined in your Change in Control Agreement, or for a material violation of the Company’s Code of Business Conduct and Ethics, you will not be entitled to the severance terms as set forth above. 

In the event your termination occurs after your second anniversary with the Company, you will receive the then-standard severance provision of
the Company. 
 Notwithstanding any provision herein to the contrary, payment or provision of your benefits under Paragraph 12(a) and 12(c)
shall commence on the 90th day following the effective date of your termination of employment provided that you have delivered to the Company an executed and irrevocable full and complete Release of Claims against the Company, its affiliates,
officers and directors in such form as is satisfactory to the Company (“Release of Claims”) on or before such 90th day. You shall forfeit any and all of the payments, reimbursement and benefits payable under this agreement if you do not
provide the Company a Release of Claims on or before such 90th day. Any payments, benefits or reimbursements to which you would otherwise be entitled during such 90-day period shall be accumulated and paid in a lump sum on such 90th day if you have
provided the Company the Release of Claims. Provided that you have delivered to the Company a Release of Claims as required under this paragraph, payment of the amount under Section 12(b), if any, shall be made at such time as AIA bonuses are
paid to executives of the Company in general but no later than March 15 of the year following the year in which your termination of employment occurs. 
  

	 	14.	Principal Office. The Quanex Building Products Corporation corporate headquarters, located at 1800 West Loop South, Suite 1500 Houston, Texas 77027 will be your principal office. 

	 	15.	Background Check and Drug Screen. The offer is contingent upon your completing and passing a drug test to be taken at the company’s expense, as well as a successful completion of the background check.

 Your entitlement to any of the benefits outlined herein is contingent on your continued employment at the time. Your employment may be
terminated by either you or Quanex Building Products Corporation at any time. This agreement is governed by the laws of the State of Texas. 
 Scott, I
believe that you will help provide the leadership we need to meet the long-term needs of our Investor Relations team. The Quanex leadership team enjoys a positive and effective working relationship. I look forward to your acceptance of this offer
and to working with you. 
 Please sign your acceptance in the space below and return it to me no later than January 13, 2016. 

Sincerely, 
 Brent Korb 

Senior Vice President – Chief Financial Officer 
 Enclosures

 ACCEPTANCE OF OFFER 

							
				
	  
 /s/ Scott Zuehlke
	 		 		 	  
  

	Scott Zuehlke	 		 		 	DateEX-10.2

 EXHIBIT 10.2 

CHANGE IN CONTROL AGREEMENT 

BETWEEN QUANEX BUILDING PRODUCTS CORPORATION 

AND SCOTT ZUEHLKE 

THIS AGREEMENT between Quanex Building Products Corporation, a Delaware corporation (the “Company”),
and Scott Zuehlke (the “Executive”) is effective as of the Effective Date (as defined herein). 

W I T N E S S E T H: 

WHEREAS, the Company considers it to be in the best interests of its stockholders to encourage the continued employment of
certain key employees of the Company notwithstanding the possibility, threat or occurrence of a Change in Control of the Company (as that phrase is defined in Section 2); and 

WHEREAS, the Executive is a key employee of the Company; and 

WHEREAS, the Company believes that the possibility of the occurrence of a Change in Control of the Company may result in the
termination by the Executive of the Executive’s employment by the Company or in the distraction of the Executive from the performance of his duties to the Company, in either case to the detriment of the Company and its stockholders; and 

WHEREAS, the Company previously recognized that the Executive could suffer adverse financial and professional consequences if a
Change in Control of the Company were to occur and entered into this Agreement to protect the Executive if a Change in Control of the Company occurs; and 

WHEREAS, under current Internal Revenue Service guidance, the Agreement is subject to Section 409A of the Internal Revenue Code
of 1986, as amended by the American Jobs Creation Act of 2004 (“Section 409A”); 
 NOW, THEREFORE,
the parties agree, effective as stated above, as follows: 
 Section 1. Other Employment Arrangements. 

(a) Except as specified below in this paragraph, this Agreement does not affect the Executive’s existing or future employment arrangements
with the Company unless a Change in Control of the Company shall have occurred before the expiration of the term of this Agreement. The Executive’s employment with the Company shall continue to be governed by the Executive’s existing or
future employment agreements with the Company, if any, or, in the absence of any employment agreement, shall continue to be at the will of the Board of Directors or, if the Executive is not an officer of the Company at the time of the termination of
the Executive’s employment with the Company, the will of the Chief Executive Officer of the Company, except that if (i) a Change in Control of the Company shall have occurred before the expiration of the term of this Agreement, and
(ii) the Executive’s employment with the Company is terminated (whether by the Executive or the Company or automatically as provided in Section 3) after the occurrence of that Change in Control of the Company, then the Executive shall
be entitled to receive certain benefits as provided in this Agreement. 
 (b) Notwithstanding anything contained in this Agreement to the
contrary, if following the commencement of any discussion with a third person that ultimately results in a Change in Control of the Company, (i) the Executive’s employment with the Company is terminated, (ii) the Executive is removed
from any material duties or position with the Company, (iii) the Executive’s Base Salary is reduced, or (iv) the Executive’s annual bonus is reduced to an amount less than the Benchmark Bonus, then for all purposes of this
Agreement, such Change in Control of the Company shall be deemed to have occurred on the date immediately prior to the date of such termination, removal, or reduction. 

 (c) Nothing in this Agreement shall prevent or limit the Executive’s continuing or future
participation in any plan, program, policy or practice of or provided by the Company or any of its Affiliates and for which the Executive may qualify, nor shall anything herein limit or otherwise affect such rights as the Executive may have under
any contract or agreement with the Company or any of its Affiliates. Amounts which are vested benefits or which the Executive is otherwise entitled to receive under any plan, program, policy or practice of or provided by, or any contract or
agreement with, the Company or any of its Affiliates at or subsequent to the date of termination of the Executive’s employment with the Company shall be payable or otherwise provided in accordance with such plan, program, policy or practice or
contract or agreement except as explicitly modified by this Agreement. 
 Section 2. Change in Control of the Company.
For purposes of this Agreement, a “Change in Control of the Company” shall mean the occurrence of any of the following after the Effective Date: 

(a) the acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a “
Covered Person”) of beneficial ownership (within the meaning of rule 13d-3 promulgated under the Exchange Act) of 20 percent or more of either (i) the then outstanding shares of the common stock of the Company (the “Outstanding
Company Common Stock”), or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”);
provided, however, that for purposes of this subsection (a) of this Section 2, the following acquisitions shall not constitute a Change in Control of the Company: (i) any acquisition directly from the Company,
(ii) any acquisition by the Company, (iii) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any entity controlled by the Company, or (iv) any acquisition by any corporation
pursuant to a transaction which complies with clauses (i), (ii) and (iii) of subsection (c) of this Section 2; or 
 (b)
individuals who, as of the Effective Date, constitute the Board of Directors (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board of Directors; provided, however, that any individual
becoming a director subsequent to the Effective Date whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be
considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the
election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Covered Person other than the Board; or 

(c) the consummation of (xx) a reorganization, merger, consolidation or sale of the Company, or (yy) a disposition of all or
substantially all of the assets of the Company (a “Business Combination”), in each case, unless, following such Business Combination, (i) all or substantially all of the individuals and entities who were the beneficial owners,
respectively, of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, direct or indirectly, more than 80 percent of, respectively, the then outstanding shares
of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination (including, without
limitation, a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the same proportions as their ownership
immediately prior to such Business Combination of the Outstanding Company Common Stock and Outstanding 

 
Company Voting Securities, as the case may be, (ii) no Covered Person (excluding any employee benefit plan (or related trust) of the Company or such corporation resulting from such Business
Combination) beneficially owns, directly or indirectly, 20 percent or more of, respectively, the then outstanding shares of common stock of the corporation resulting from such Business Combination or the combined voting power of the then outstanding
voting securities of such corporation, except to the extent that such ownership existed prior to the Business Combination, and (iii) at least a majority of the members of the board of directors of the corporation resulting from such Business
Combination, were members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board of Directors, providing for such Business Combination; or 

(d) the approval by the stockholders of the Company of a complete liquidation or dissolution of the Company. 

Section 3. Term of This Agreement. The term of this Agreement shall begin on the Effective Date and, unless automatically
extended pursuant to the second sentence of this Section 3, shall expire on the first to occur of: 
 (i) the
Executive’s death or the Executive’s Disability, which events shall also be deemed automatically to terminate Executive’s employment by the Company; 

(ii) the termination by the Executive or the Company of the Executive’s employment by the Company; or 

(iii) the end of the last day (the “Expiration Date”) of: 

(1) the three-year period beginning on the Effective Date (or any period for which the term of this Agreement shall have been
automatically extended pursuant to the second sentence of this Section 3) if no Change in Control of the Company shall have occurred during that three-year period (or any period for which the term of this Agreement shall have been automatically
extended pursuant to the second sentence of this Section 3); or 
 (2) if one or more Changes in Control of the Company
shall have occurred during the three-year period beginning on the Effective Date (or any period for which the term of this Agreement shall have been automatically extended pursuant to the second sentence of
this Section 3), the three-year period beginning on the date on which the last Change in Control of the Company occurred. 
 If (i) the term of
this Agreement shall not have expired as a result of the occurrence of one of the events described in clause (i) or (ii) of the immediately preceding sentence, and (ii) the Company shall not have given notice to the Executive at least
ninety (90) days before the Expiration Date that the term of this Agreement will expire on the Expiration Date, then the term of this Agreement shall be automatically extended for successive one-year periods (the first such period to begin on
the day immediately following the Expiration Date) unless the Company shall have given notice to the Executive at least ninety (90) days before the end of any one-year period for which the term of this Agreement shall have been automatically
extended that such term will expire at the end of that one-year period. The expiration of the term of this Agreement shall not terminate this Agreement itself or affect the right of the Executive or the Executive’s legal representatives to
enforce the payment of any amount or other benefit to which the Executive was 

 
entitled before the expiration of the term of this Agreement or to which the Executive became entitled as a result of the event (including the termination, whether by the Executive or the Company
or automatically as provided in this Section 3, of the Executive’s employment by the Company) that caused the term of this Agreement to expire. 

Section 4. Event of Termination for Cause. An “Event of Termination for Cause” shall have occurred if, after a
Change in Control of the Company, the Executive shall have committed: 
 (i) gross negligence or willful misconduct in
connection with his duties or in the course of his employment with the Company; 
 (ii) an act of fraud, embezzlement or
theft in connection with his duties or in the course of his employment with the Company; 
 (iii) intentional wrongful damage
to property of the Company; 
 (iv) intentional wrongful disclosure of secret processes or confidential information of the
Company; or 
 (v) an act leading to a conviction of a felony or a misdemeanor involving moral turpitude. 

For purposes of this Agreement, no act, or failure to act, on the part of the Executive shall be deemed “intentional” if it was due primarily to an
error in judgment or negligence, but shall be deemed “intentional” only if done, or omitted to be done, by the Executive not in good faith and without reasonable belief that his action or omission was in the best interest of the Company.
Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated as a result of an “Event of Termination for Cause” hereunder unless and until there shall have been delivered to the Executive a copy of a resolution
duly adopted by the affirmative vote of not less than three-quarters of the Board of Directors then in office at a meeting of the Board of Directors called and held for such purpose (after reasonable notice to the Executive and an opportunity for
the Executive, together with his counsel, to be heard before the Board of Directors), finding that, in the good faith opinion of the Board of Directors, the Executive had committed an act set forth above in this Section 4 and specifying the
particulars thereof in detail. Nothing herein shall limit the right of the Executive or his legal representatives to contest the validity or propriety of any such determination. 

Section 5. An Event of Termination for Good Reason. An “Event of Termination for Good Reason” shall mean the
occurrence of any of the following on or after a Change in Control of the Company: 
 (i) the Company or the Successor
assigns to the Executive any duties inconsistent with the Executive’s position (including offices, titles and reporting requirements), authority, duties or responsibilities with the Company in effect immediately before the occurrence of the
first Change in Control of the Company or otherwise make any change in any such position, authority, duties or responsibilities; 

(ii) the Company or the Successor removes the Executive from, or fails to re-elect or appoint the Executive to, any duties or
position with the Company that were assigned or held by the Executive immediately before the occurrence of the first Change in Control of the Company, except that a nominal change in the Executive’s title that is merely descriptive and does not
affect rank or status shall not constitute such an event; 

 (iii) the Company or the Successor takes any other action that results in a
material diminution in such position, authority, duties or responsibilities or otherwise take any action that materially interferes therewith; 

(iv) the Company or the Successor reduces the Executive’s annual base salary as in effect immediately before the
occurrence of the first Change in Control of the Company or as the Executive’s annual base salary may be increased from time to time after that occurrence (the “Base Salary”); 

(v) the Company or the Successor reduces the Executive’s annual target bonus (x) to an amount less than $125,000 at
any time on or prior to the third anniversary of the Effective Date, or (y) to an amount less than the average of the two annual bonuses earned by such Executive with respect to the two preceding years at any time after the third anniversary of
the Effective Date (the amount determined pursuant to clause (x) or (y), as applicable, is referred to herein as the “Benchmark Bonus”); 

(vi) the Company or the Successor relocates the Executive’s principal office outside of the portion of the metropolitan
area of the City of Houston, Texas that is located within the highway known as “Beltway 8”; 
 (vii) the
Company or the Successor fails to (x) continue in effect any bonus, incentive, profit sharing, performance, savings, retirement or pension policy, plan, program or arrangement (such policies, plans, programs and arrangements collectively being
referred to herein as “Basic Benefit Plans”), including, but not limited to, any deferred compensation, supplemental executive retirement or other retirement income, stock option, stock purchase, stock appreciation, or similar policy,
plan, program or arrangement of the Company, in which the Executive was a participant immediately before the occurrence of the first Change in Control of the Company, or any substitute plan adopted by the Board of Directors and in which the
Executive was a participant immediately before the occurrence of the last Change in Control of the Company, unless an equitable and reasonably comparable arrangement (embodied in a substitute or alternative benefit or plan) shall have been made with
respect to such Basic Benefit Plan promptly following the occurrence of the last Change in Control of the Company, or (y) continue the Executive’s participation in any Basic Benefit Plan (or any substitute or alternative plan) on
substantially the same basis, both in terms of the amount of benefits provided to the Executive (which are in any event always subject to the terms of any applicable Basic Benefit Plan) and the level of the Executive’s participation relative to
other participants, as existed immediately before the occurrence of the first Change in Control of the Company; 
 (viii) the
Company or the Successor fails to continue to provide the Executive with benefits substantially similar to those enjoyed by the Executive under any of the Company’s other Executive benefit plans, policies, programs and arrangements, including,
but not limited to, life insurance, medical, dental, health, hospital, accident or disability plans, in which the Executive was a participant immediately before the occurrence of the first Change in Control of the Company; 

(ix) the Company or the Successor takes any action that would directly or indirectly materially reduce any other non-contractual benefits that were provided to the Executive by the Company immediately before the occurrence of the first Change in Control of the Company or deprive the Executive of any material fringe benefit
enjoyed by the Executive immediately before the occurrence of the first Change in Control of the Company; 

 (x) the Company or the Successor fails to provide the Executive with the number
of paid vacation days to which the Executive was entitled in accordance with the Company’s vacation policy in effect immediately before the occurrence of the first Change in Control of the Company; 

(xi) the Company or the Successor fails to continue to provide the Executive with office space, related facilities and support
personnel (including, but not limited to, administrative and secretarial assistance) (y) that are both commensurate with Executive’s responsibilities to and position with the Company immediately before the occurrence of the first Change in
Control of the Company and not materially dissimilar to the office space, related facilities and support personnel provided to other Executives of the Company having comparable responsibility to the Executive, or (z) that are physically located
at the Company’s principal executive offices; 
 (xii) the Company or the Successor requires the Executive to perform a
majority of his duties outside the Company’s principal executive offices for a period of more than 21 consecutive days or for more than 90 days in any calendar year; 

(xiii) the Company or the Successor fails to honor any provision of any employment agreement Executive has or may in the future
have with the Company or fail to honor any provision of this Agreement; 
 (xiv) the Company or the Successor gives effective
notice of an election to terminate at the end of the term or extended the term of any employment agreement Executive has or may in the future have with the Company or the Successor in accordance with the terms of any such agreement; or 

(xv) the Company or the Successor purports to terminate the Executive’s employment by the Company unless notice of that
termination shall have been given to the Executive pursuant to, and that notice shall meet the requirements of, Section 6. 

Section 6. Notice of Termination If a Change in Control of the Company shall have occurred before the expiration of the
term of this Agreement, any subsequent termination by the Executive or the Company of the Executive’s employment by the Company, or any determination of the Executive’s Disability, shall be communicated by notice to the other party that
shall indicate the specific paragraph of Section 7 pursuant to which the Executive is to receive benefits as a result of the termination. If the notice states that the Executive’s employment by the Company has been automatically terminated
as a result of the Executive’s Disability, the notice shall (i) specifically describe the basis for the determination of the Executive’s Disability, and (ii) state the date of the determination of the Executive’s Disability,
which date shall be not more than ten (10) days before the date such notice is given. If the notice is from the Company and states that the Executive’s employment by the Company is terminated by the Company as a result of the occurrence of
an Event of Termination for Cause, the notice shall specifically describe the action or inaction of the Executive that the Company believes constitutes an Event of Termination for Cause and shall be accompanied by a copy of the resolution satisfying
Section 4. If the notice is from the Executive and states that the Executive’s employment by the Company is terminated by the Executive as a result of the occurrence of an Event of Termination for Good Reason, the notice shall specifically
describe the action or inaction of the Company that the Executive believes constitutes an Event of Termination for Good Reason. Each notice given pursuant to 

 
this Section 6 (other than a notice stating that the Executive’s employment by the Company has been automatically terminated as a result of the Executive’s Disability) shall state
a date, which shall be not fewer than thirty (30) days nor more than sixty (60) days after the date such notice is given, on which the termination of the Executive’s employment by the Company is effective. The date so stated in
accordance with this Section 6 shall be the “Termination Date”. If a Change in Control of the Company shall have occurred before the expiration of the term of this Agreement, any subsequent purported termination by the Company of the
Executive’s employment by the Company, or any subsequent purported determination by the Company of the Executive’s Disability, shall be ineffective unless that termination or determination shall have been communicated by the Company to the
Executive by notice that meets the requirements of the foregoing provisions of this Section 6 and the provisions of Section 9. 

Section 7. Benefits Payable on Change in Control and Termination. (a) If (x) a Change in Control of the Company
shall have occurred before the expiration of the term of this Agreement, and (y) the Executive’s employment by the Company is terminated (whether by the Executive or the Company or automatically as provided in Section 3) after the
occurrence of that Change in Control of the Company, the Executive shall be entitled to the following benefits: 
 (i) If the
Executive’s employment by the Company is terminated (x) by the Company as a result of the occurrence of an Event of Termination for Cause, or (y) by the Executive before the occurrence of an Event of Termination for Good Reason, then
the Company shall pay to the Executive the Base Salary accrued through the Termination Date but not previously paid to the Executive, and the Executive shall be entitled to any other amounts or benefits provided under any plan, policy, practice,
program, contract or arrangement of or with the Company, including, but not limited to, the Basic Benefit Plans and the Other Benefit Plans, which shall be governed by the terms thereof (except as explicitly modified by this Agreement). 

(ii) If the Executive’s employment by the Company is automatically terminated as a result of the Executive’s death or
the Executive’s Disability, then (x) the Company shall pay to the Executive the Base Salary accrued through the date of the occurrence of that event but not previously paid to the Executive, and (y) the Executive shall be entitled to
any other amounts or benefits provided under any plan, policy, practice, program, contract or arrangement of or with the Company, including, but not limited to, the Basic Benefit Plans and the Other Benefit Plans, which shall be governed by the
terms thereof (except as explicitly modified by this Agreement). 
 (iii) If the Executive’s employment by the Company
is terminated (x) by the Company otherwise than as a result of the occurrence of an Event of Termination for Cause, or (y) by the Executive after the occurrence of an Event of Termination for Good Reason, then the Executive shall be
entitled to the following: 
 (1) the Company shall pay to the Executive the Base Salary and compensation for earned but
unused vacation time accrued through the Termination Date but not previously paid to the Executive; 
 (2) the Company shall
pay to the Executive an amount equal to the product of (A) the greater of (I) the Executive’s target performance bonus for the Fiscal Year in which the Termination Date occurs and (II) the Executive’s performance bonus for the
Fiscal Year preceding the Fiscal Year in which the Termination Date occurs (including any deferred portion thereof) (the greater of the amounts described in clauses 

 
(I) and (II) of this Section 7(a)(iii)(2)(A) being referred to herein as the “Highest Bonus”), and (B) a fraction, the numerator of which is the number of days in the current
Fiscal Year through the Termination Date and the denominator of which is 365; 
 (3) the Company shall pay to the Executive,
as a lump sum, an amount (the “Severance Payment”) equal to two (2) times the sum of: 
 (A) the amount
(including any deferred portion thereof) of the Base Salary that would have been paid to the Executive during the Fiscal Year in which the Termination Date occurs based on the assumption that the Executive’s employment by the Company had
continued throughout that Fiscal Year at the Base Salary rate in effect in the Fiscal Year in which the Termination Date occurs, or in the immediately preceding Fiscal Year, whichever is higher; 

(B) the amount of the Highest Bonus; 

(4) the Company (at its sole expense) shall take the following actions: 

(A) throughout the Relevant Period, the Company shall maintain in effect, and not materially reduce the benefits provided by,
each of the Other Benefit Plans in which the Executive was a participant immediately before the Termination Date; and 
 (B)
the Company shall arrange for the Executive’s uninterrupted participation throughout the Relevant Period in each of such Other Benefit Plans, 

provided that if the Executive’s participation after the Termination Date in any such Other Benefit Plan is not permitted by the
terms of that Other Benefit Plan, then throughout the Relevant Period, the Company (at its sole expense) shall provide the Executive with substantially the same benefits that were provided to the Executive by that Other Benefit Plan immediately
before the Termination Date; and 
 (5) the Executive shall be entitled to any other amounts or benefits provided under any
plan, policy, practice, program, contract or arrangement of or with the Company, including, but not limited to, the Basic Benefit Plans and the Other Benefit Plans, which shall be governed by the terms thereof (except as explicitly modified by this
Agreement). 
 (b) In the event that amounts payable to the Executive under Section 7(a) above exceed the limits set forth in
Section 280G of the Code (e.g., an excess parachute payment greater than 2 times the Executive’s Base Amount) and thereby trigger payment of an excise tax under Section 4999 of the Code, then either (i) the Executive will receive
the net benefits after such excise tax is calculated, or (ii) the benefits due to the Executive will be reduced to the point that they do not exceed the amount that is 2 times the Executive’s Base Amount, whichever is greater. 

 (c) Each payment required to be made to the Executive pursuant to the foregoing provisions of
this Section 7(a) above (i) shall be made by check drawn on an account of the Company at a bank located in the United States of America, and (ii) shall be paid (x) if the Executive’s employment by the Company was terminated
as a result of the Executive’s death or the Executive’s Disability, not more than thirty (30) days immediately following the date of the occurrence of that event, and (y) if the Executive’s employment by the Company was
terminated for any other reason, on the Termination Payment Date. 
 (d) The following shall occur immediately upon the occurrence of a
Change in Control of the Company: 
 (i) all options to acquire Voting Stock and all stock appreciation rights pertaining to
Voting Stock held by the Executive immediately prior to a Change in Control of the Company shall become fully exercisable, regardless of whether or not the vesting conditions set forth in the relevant stock option agreements have been satisfied in
full; and 
 (ii) all restrictions on any restricted Voting Stock granted to the Executive prior to a Change in Control of
the Company shall be removed and the stock shall be freely transferable, regardless of whether the conditions set forth in the relevant restricted stock agreements have been satisfied in full. 

Section 8. Successors. If a Change in Control of the Company shall have occurred before the expiration of the term of this
Agreement, 
 (i) the Company shall not, directly or indirectly, consolidate with, merge into or sell or otherwise transfer
its assets as an entirety or substantially as an entirety to, any person, or permit any person to consolidate with or merge into the Company, unless immediately after such consolidation, merger, sale or transfer, the Successor shall have assumed in
writing the Company’s obligations under this Agreement; and 
 (ii) not fewer than ten (10) days before the
consummation of any consolidation of the Company with, merger by the Company into, or sale or other transfer by the Company of its assets as an entirety or substantially as an entirety to, any person, the Company shall give the Executive notice of
that proposed transaction. 
 Section 9. Notice. Notices required or permitted to be given by either party pursuant to
this Agreement shall be in writing and shall be deemed to have been given when delivered personally to the other party or when deposited with the United States Postal Service as certified or registered mail with postage prepaid and addressed: 

(i) if to the Executive, at the Executive’s address last shown on the Company’s records, and 

(ii) if to the Company, at 1800 West Loop South, Suite 1500, Houston, Texas 77027, directed to the attention of the Chair of
the Compensation & Management Development Committee of the Board of Directors. 

 or, in either case, to such other address as the party to whom or which such notice is to be given shall have
specified by notice given to the other party. 
 Section 10. Withholding Taxes. The Company may withhold from all
payments to be paid to the Executive pursuant to this Agreement all taxes that, by applicable federal or state law, the Company is required to so withhold. 

Section 11. Expenses of Enforcement. If a Change in Control of the Company shall have occurred before the expiration of the
term of this Agreement, then, upon demand by the Executive made to the Company, the Company shall reimburse the Executive for the reasonable expenses (including attorneys’ fees and expenses) incurred by the Executive in enforcing or seeking to
enforce the payment of any amount or other benefit to which the Executive shall have become entitled pursuant to this Agreement, including those incurred in connection with any arbitration initiated pursuant to Section 19. 

Section 12. Employment by Wholly Owned Entities. If, at or after the Effective Date, the Executive is or becomes an
Executive of one or more corporations, partnerships, limited liability companies or other entities that are, directly or indirectly, wholly owned by the Company (“Wholly Owned Entities”), references in this Agreement to the
Executive’s employment by the Company shall include the Executive’s employment by any such Wholly Owned Entity. 

Section 13. No Obligation to Mitigate; No Rights of Offset. 

(a) The Executive shall not be required to mitigate the amount of any payment or other benefit required to be paid to the Executive pursuant to
this Agreement, whether by seeking other employment or otherwise, nor shall the amount of any such payment or other benefit be reduced on account of any compensation earned by the Executive as a result of employment by another person. 

(b) The Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall
not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others. 

Section 14. Amendment and Waiver. No provision of this Agreement may be amended or waived (whether by act or course of
conduct or omission or otherwise) unless that amendment or waiver is by written instrument signed by the parties hereto. No waiver by either party of any breach of this Agreement shall be deemed a waiver of any other or subsequent breach. 

Section 15. Governing Law. The validity, interpretation, construction and enforceability of this Agreement shall be
governed by the laws of the State of Texas. 
 Section 16. Validity. The invalidity or unenforceability of any provision
of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 

Section 17. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but all
of which together will constitute the same instrument. 
 Section 18. Assignment; Binding Effect. This Agreement shall
inure to the benefit of and be enforceable by the Executive’s legal representative. This Agreement shall be binding upon any Successor. The Company may not assign any of its obligations under this Agreement unless (i) such assignment is to
a Successor and (ii) the requirements of Section 8 are fulfilled. 

 Section 19. Arbitration. Any dispute between the parties arising out of this
Agreement, whether as to this Agreement’s construction, interpretation or enforceability or as to any party’s breach or alleged breach of any provision of this Agreement, shall be submitted to arbitration in accordance with the following
procedures: 
 (i) Either party may demand such arbitration by giving notice of that demand to the other party. The notice
shall state (x) the matter in controversy, and (y) the name of the arbitrator selected by the party giving the notice. 

(ii) Not more than 15 days after such notice is given, the other party shall give notice to the party who demanded arbitration
of the name of the arbitrator selected by the other party. If the other party shall fail to timely give such notice, the arbitrator that the other party was entitled to select shall be named by the Arbitration Committee of the American Arbitration
Association. Not more than 15 days after the second arbitrator is so named, the two arbitrators shall select a third arbitrator. If the two arbitrators shall fail to timely select a third arbitrator, the third arbitrator shall be named by the
Arbitration Committee of the American Arbitration Association. 
 (iii) The dispute shall be arbitrated at a hearing that
shall be concluded within ten days immediately following the date the dispute is submitted to arbitration unless a majority of the arbitrators shall elect to extend the period of arbitration. Any award made by a majority of the arbitrators
(x) shall be made within ten days following the conclusion of the arbitration hearing, (y) shall be conclusive and binding on the parties, and (z) may be made the subject of a judgment of any court having jurisdiction. 

(iv) All expenses of the arbitration shall be borne by the Company. 

The agreement of the parties contained in the foregoing provisions of this Section 19 shall be a complete defense to any action, suit or other proceeding
instituted in any court or before any administrative tribunal with respect to any dispute between the parties arising out of this Agreement. 

Section 20. Interpretation. 

(a) As used in this Agreement, the following terms and phrases have the indicated meanings: 

(i) “Affiliate” and “Affiliates” mean, when used with respect to any entity, individual, or
other person, any other entity, individual, or other person which, directly or indirectly, through one or more intermediaries controls, or is controlled by, or is under common control with such entity, individual or person. 

(ii) “Base Amount” means the total amount of all compensatory payments or other benefits required by
Section 280G of the Code to be included in the calculation of the Executive’s total severance payment for purposes of calculating any excise tax that would be due under Section 4999 of the Code. 

(iii) “Base Salary” has the meaning assigned to that term in Section 5. 

(iv) “Basic Benefit Plans” has the meaning assigned to that term in Section 5. 

 (v) “Benchmark Bonus” has the meaning assigned to that term in
Section 5. 
 (vi) “Board of Directors” means the Board of Directors of the Company. 

(vii) “Business Combination” has the meaning assigned to that term in Section 2. 

(viii) “Change in Control of the Company” has the meaning assigned to that phrase in Section 2. 

(ix) “Code” means the Internal Revenue Code of 1986, as amended from time to time. 

(x) “Commission” means the United States Securities and Exchange Commission or any successor agency. 

(xi) “Company” has the meaning assigned to that term in the preamble to this Agreement. The term
“Company” shall also include any Successor, whether the liability of such Successor under this Agreement is established by contract or occurs by operation of law. 

(xii) “Covered Person” has the meaning assigned to that term in Section 2. 

(xiii) “Effective Date” means the first day of employment with the Company by the Executive. 

(xiv) “Executive” has the meaning assigned to such term in the preamble to this Agreement. 

(xv) “Executive’s Disability” means: 

(1) if no Change in Control of the Company shall have occurred before the date of determination, the physical or mental
disability of the Executive determined in accordance with the disability policy of the Company at the time in effect and generally applicable to its salaried Executives; and 

(2) if a Change in Control of the Company shall have occurred at that date, the physical or mental disability of the Executive
determined in accordance with the disability policy of the Company in effect immediately before the occurrence of the first Change in Control of the Company and generally applicable to its salaried Executives. 

The Executive’s Disability, and the automatic termination of the Executive’s employment by the Company by reason of the
Executive’s Disability, shall be deemed to have occurred on the date of determination, provided that if (1) a Change in Control of the Company shall have occurred before the expiration of the term of this Agreement, (2) the
Company shall have subsequently given notice pursuant to 

 
Section 6 of the Company’s determination of the Executive’s Disability, and (3) the Executive shall have given notice to the Company that the Executive disagrees with that
determination, then (A) whether the Executive’s Disability shall have occurred shall be submitted to arbitration pursuant to Section 19, and (B) if a majority of the arbitrators decide that the Executive’s Disability had not
occurred, at the date of determination by the Company, then (I) the Executive’s Disability, and the automatic termination of the Executive’s employment by the Company by reason of the Executive’s Disability, shall be deemed not
to have occurred, and (II) on demand by the Executive made to the Company, the Company shall reimburse the Executive for the reasonable expenses (including attorneys’ fees and expenses) incurred by the Executive in obtaining that decision. 

(xvi) “Event of Termination for Good Reason” has the meaning assigned to that phrase in Section 5. 

(xvii) “Event of Termination for Cause” has the meaning assigned to that phrase in Section 4. 

(xviii) “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time. 

(xix) “Expiration Date” has the meaning assigned to that term in Section 3. 

(xx) “Fiscal Year” means the fiscal year of the Company. 

(xxi) “Other Benefit Plan” means any employee welfare benefit plan (within the meaning of section 3(1) of the
Employee Retirement Income Security Act of 1974, as amended) maintained by the Company. 
 (xxii) “Outstanding
Company Common Stock” has the meaning assigned to that term in Section 2. 
 (xxiii) “Outstanding
Company Voting Securities” has the meaning assigned to that term in Section 2. 
 (xxiv)
“Person” means any individual, corporation, partnership, joint venture, association, joint-stock company, limited partnership, limited liability company, trust, unincorporated organization, government, or agency or political
subdivision of any government. 
 (xxv) “Relevant Period” means a period beginning on the Termination Date
and ending on the first to occur of (x) the third anniversary of the Termination Date, or (y) the date on which the Executive becomes employed on a full-time basis by another person. 

(xxvi) “Severance Payment” has the meaning assigned to that term in Section 7. 

 (xxvii) “Successor” means a person with or into which the
Company shall have been merged or consolidated or to which the Company shall have transferred its assets as an entirety or substantially as an entirety. 

(xxviii) “Termination Date” has the meaning assigned to that term in Section 6. 

(xxix) “Termination Payment Date” means 

(1) if the Board (or its delegate) determines in its sole discretion that as of the Termination Date, other than a termination
due to death or Disability, the Executive is a specified employee (as defined in Section 409A(a)(2)(B)(i), and Department of Treasury regulations and other interpretive guidance issued thereunder) as of such date (a “Specified
Employee”) and that Section 409A applies with respect to a portion of the payments hereunder, then with respect to such portion, the first business day following the six-month anniversary of the Termination Date (the “Six-Month
Delay Period”) or 
 (2) if the Board (or its delegate) determines in its sole discretion that as of the Termination
Date, other than a termination due to death or Disability, the Executive is not a Specified Employee as of such date or that Section 409A does not apply with respect to a portion of the payments hereunder, then with respect to such portion, not
more than ten (10) days immediately following the Termination Date and 
 (3) with respect to any amount payable to or
on behalf of the Executive under a welfare or benefit plan program of the Company, including but not limited to a Basic Benefit Plan or Other Benefit Plan, then, to the extent such benefits are provided after the period of time during which the
Executive would be entitled to (or would, but for this Agreement, be entitled to) COBRA continuation coverage under a group health plan of the Company, the Company shall make any payments due for such coverage during the Relevant Period on the last
business day of the calendar month following the month in which such payments become due. 
 If the Board (or its delegate) determines in its
sole discretion that as of the Termination Date, other than a termination due to death or Disability, the Executive is a Specified Employee as of such date and that Section 409A applies with respect to a portion of the payments hereunder, then
any such portion payable during the Six-Month Delay Period, shall be transferred to a rabbi trust (which shall be a rabbi trust previously created by the Company that contains other amounts of deferred compensation payable by the Company to the
Executive or a rabbi trust created by the Company or its successor, on terms reasonably acceptable to the Executive) as soon as administratively feasible following the occurrence of the event giving rise to the Executive’s right to such
payment, except to the extent such transfer would subject the Executive to penalties under the funding restriction provisions of Section 409A, as amended by the Pension Protection Act of 2006, and

 
such amounts (together with earnings thereon determined in accordance with the terms of the trust agreement) shall be transferred from the trust to the Executive upon the earlier of (i) the
expiration of the Six-Month Delay Period, or (ii) any other earlier date permitted under Section 409A. 
 (xxx)
“This Agreement” means this Change in Control Agreement as it may be amended from time to time in accordance with Section 14. 

(xxxi) “Wholly Owned Entities” has the meaning assigned to that term in Section 12. 

(b) In the event of the enactment of any successor provision to any statute or rule cited in this Agreement, references in this Agreement to
such statute or rule shall be to such successor provision. 
 (c) The headings of Sections of this Agreement shall not control the meaning
or interpretation of this Agreement. 
 (d) References in this Agreement to any Section are to the corresponding Section of this
Agreement unless the context otherwise indicates. 
 (e) This Agreement is intended to meet the requirements of Section 409A and shall
be administered, construed and interpreted in a manner that is intended to meet those requirements. To the extent that the provision of a benefit or payment under the Agreement is subject to Section 409A, except as the Company and Executive
otherwise determine in writing, the provision or payment shall be provided or paid in a manner that will meet the requirements of Section 409A, including regulations or other guidance issued with respect thereto, such that the provisions or
payment shall not be subject to the additional tax or interest applicable under Section 409A. Any provision of this Agreement that would cause the provision or payment to fail to satisfy Section 409A shall be amended to comply with
Section 409A on a timely basis, which may be made on a retroactive basis, in accordance with regulations and other guidance issued under Section 409A. In the event additional regulations or other guidance is issued under Section 409A
or a court of competent jurisdiction provides additional authority concerning the application of Section 409A with respect to the distributions under the Agreement, then the provisions of the Agreement regarding distributions shall be
automatically amended to permit such distributions to be made at the earliest time permitted under such additional regulations, guidance or authority that is practicable and achieves the intent of the Agreement prior to its amendment to comply with
Section 409A. 
 SIGNATURE PAGE TO FOLLOW 

 IN WITNESS WHEREOF, the Company and the Executive
have executed this Agreement this 26th day of January, 2016, to be effective as set forth herein. 
  

			
	 QUANEX BUILDING
 PRODUCTS
CORPORATION

		
	By:	 	/s/ Kevin P. Delaney
	 Kevin P. Delaney
 Senior Vice
President – General Counsel and Secretary

	
	EXECUTIVE
	
	 /s/ Scott Zuehlke

	Scott Zuehlke

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