Document:

Exhibit 10.11

CHANGE OF
CONTROL AGREEMENT

This Change of
Control Agreement is entered into as September 8, 2006, by and between
International Aluminum Corporation, a California corporation (the “Company”), and William G. Gainer
(the “Executive”), with
reference to the following:

RECITALS

A.                                   The
Company believes that it is in the best interests of the Company to foster the
continuous employment of key management personnel such as the Executive.

B.                                     The
Company and the Executive desire to enter into this Agreement in order to
induce the Executive to continue his employment with the Company during any
period in which the Company may be engaged in negotiations regarding a Change
of Control (as defined below) and during the one-year period following a Change of Control.

NOW, THEREFORE, in
consideration of the foregoing and other good and valuable consideration, the
receipt and sufficiency of which hereby are acknowledged, the Company and the
Executive hereby agree as follows:

ARTICLE 1

DEFINITIONS

For purposes of this
Agreement, each of the following terms defined in this Article 1 shall have its
defined meaning wherever used in this Agreement.

1.1                               Agreement. “Agreement”
means this Change of Control Agreement, as it may be amended from time to time
as provided herein.

1.2                               Beneficial Owner and Beneficial Ownership.  “Beneficial Owner” and “Beneficial Ownership”
have the meanings given to such terms in Rule 13d-3 under the Exchange Act.

1.3                               Cause.  “Cause”
means (i) the Executive’s conviction of a felony that is injurious to the
business of the Company, (ii) the Executive’s willful and continued failure to
perform his Employment duties, (iii) the Executive’s willful misconduct that is
injurious to the business of the Company, or (iv) the Executive’s willful
violation of any material provision of any employment policy of the Company;
provided, however, that the Executive’s inability to perform his or her duties
because of a Disability shall not constitute a basis for the Company’s
termination of the Executive’s Employment for Cause.  Notwithstanding the foregoing, the Executive’s
Employment shall not be subject to termination for Cause without (w) the
Company’s delivery to the Executive of a notice of intention to terminate, such
notice to describe the reasons for the proposed Employment termination and to
be delivered to the Executive at least ten days prior to the actual termination
date, (x) an opportunity for the Executive within the period prior to the
proposed Employment termination to cure any such breach (if curable) giving 

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rise to the proposed termination, and (y) an
opportunity for the Executive, if he chooses, to be heard before the Board of
Directors of the Company.

1.4                               Change of Control.  “Change of Control” means any transaction or
series of related transactions as a result of which:

(a)                                  Any Person or group of Persons (as the term “group”
is defined in Section 13(d) of the Exchange Act and the rules and regulations
thereunder) acquires Beneficial Ownership of securities of the Company, or of
any entity resulting from a merger to which the Company is a party and is not
the surviving party, representing more than fifty percent of the combined
voting power of the then-outstanding securities of the Company or such other
entity, as applicable; provided, however, that for purposes of this Section
1.4(a), the following acquisitions of securities shall not constitute a Change
of Control:  (1) any acquisition by
Vanderstar; (2) any acquisition by a trust established by Vanderstar if
Vanderstar is a trustee of the trust; (3) any acquisition by a corporation,
partnership or limited liability company if Vanderstar has Beneficial Ownership
of more than fifty percent of the combined voting power of such corporation,
partnership or limited liability company; (4) any acquisition by the Company or
by an employee benefit plan or related trust sponsored or maintained by the
Company; or (5) any acquisition directly from the Company or Vanderstar, or
both, pursuant to an underwritten public offering of securities that is
registered under the Securities Act; or

(b)                                 The Company consummates a merger,
reorganization or consolidation to which it is a party (regardless as to
whether it is the surviving entity), or the Company sells all or substantially
all of its assets (each such transaction being referred to in this Section
1.4(b) as a “Transaction”),
unless Persons who were Beneficial Owners of the outstanding voting securities
of the Company immediately prior to the consummation of the Transaction
Beneficially Own immediately after the consummation of the Transaction at least
fifty percent of the combined voting power of the then-outstanding securities
of the Person surviving or resulting from the Transaction.

1.5                               COBRA.  “COBRA”
means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

1.6                               Code.  “Code”
means the Internal Revenue Code of 1986, as amended.

1.7                               Disability.  “Disability” means a physical or mental
disability of the Executive, as certified in a written statement from a
licensed physician selected or approved by the Executive Committee, that
results in the Executive being unable to perform his duties as an employee of
the Company on a full-time basis (after reasonable accommodation by the
Company) for (i) 120 consecutive days or (ii) 180 days (regardless of
whether such days are consecutive) during any period of 365 consecutive days.

1.8                               Employment.  “Employment” means the Executive’s employment
in any capacity with the Company.

1.9                               Exchange Act.  “Exchange Act” means the Securities Exchange
Act of 1934, as amended.

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1.10                        Good Reason.  “Good Reason” means the occurrence after a
Change of Control of any of the following actions by the Company, unless the
Executive, in his discretion, consents thereto in writing or the action by the
Company is reversed or abandoned within 30 days after the Company receives
from the Executive written notice of the Executive’s objection to the action:
(i) a reduction in the Executive’s annual base salary as in effect on the
date immediately prior to the Change of Control or a failure to make any
scheduled base salary payment within fifteen days after its due date, unless
the Company’s Board of Directors determines in good faith that such base salary
reduction is more than offset by the aggregate value of any new compensation
plans or other Employment-related benefits that are provided to the Executive
after the Change of Control; (ii) the Company’s requirement that the
Executive perform his or her Employment duties at an office that is more than
25 miles from the Company’s office at which the Executive was principally
employed on the date immediately prior to the Change of Control; (iii) a
change or diminution in Executive’s employment duties that is materially
inconsistent with the duties usually associated with the office of the Senior
Vice President-Operations of a corporation; or (iv) a failure by the
Company to continue for the benefit of the Executive any material compensation
plan in which the Executive participated on the date immediately prior to the
Change of Control, unless the discontinuation of such plan was outside the
Company’s reasonable control or unless the Company discontinues such plan for
all of its executive officers. 
Notwithstanding the foregoing, Good Reason for the Executive to
terminate his or her Employment shall not exist by reason of any of the Company’s
actions described in the preceding sentence if the action is preceded by a
written notice from the Company of an intention to terminate the Executive’s
Employment for Cause or because of the Executive’s Disability and is then
followed by a termination of Employment for Cause or Disability.

1.11                        JAMS.  “JAMS”
means the Judicial Arbitration Mediation Service or its successor by law or by
written agreement with JAMS.

1.12                        Person.  “Person”
means any natural person, corporation, partnership, limited liability company
or other association or entity.

1.13                        Securities Act.  “Securities Act” means the Securities Act of
1933, as amended.

1.14                        Retention Bonus.  “Retention Bonus” means the bonus
compensation that the Company has agreed to pay to the Executive pursuant to
Article 2 upon the occurrence of a Change of Control.

1.15                        Severance Payment.   “Severance Payment” means the severance
compensation that the Company has agreed to pay to the Executive pursuant to
Article 3 upon the termination of the Executive’s Employment after a
Change of Control.

1.16                        Vanderstar.  “Vanderstar” means Cornelius C. Vanderstar
and Marguerite D. Vanderstar, or either of them, individually or as trustees of
the Vanderstar Family Trust, so long as he or she is a Beneficial Owner of
capital stock of
the Company as of the date that the acquisition of securities or other
transaction in question occurs.

1.17                        Without Cause.  “Without Cause” means the termination of the
Executive’s Employment by the Company other than for Cause and other than by
reason of the death or Disability of the Executive.

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1.18                        Other Definitions.  Any term defined in any other section of this
Agreement shall have its defined meaning wherever used in this Agreement.

ARTICLE 2

RETENTION BONUS

2.1                               Right to a Retention Bonus.  The Executive shall be entitled to receive a
Retention Bonus in the amount specified in Section 2.2 if, but only if:

(a)                                  A Change of Control occurs; and

(b)                                 The Executive is an employee of the Company
as of the date the Change of Control occurred.

2.2                               Amount of the Retention Bonus.  If the Executive becomes entitled to a
Retention Bonus under this Agreement, the amount of the Retention Bonus shall
equal the product of six times the Executive’s monthly base salary that was in
effect on the date on which the Change of Control occurred; provided, however,
that any base salary that is excluded from gross income for federal income tax
purposes pursuant to Section 125 or 401(k) of the Code and any base salary that
is deferred by the Executive pursuant to an employer-sponsored deferred
compensation plan shall be included in the calculation of the Executive’s base
salary for purposes of this Section 2.2.

2.3                               Payment of the Retention Bonus.  The Retention Bonus to which the Executive is
entitled pursuant to Section 2.2 shall be paid in a lump sum within ten
days following the date on which the Change of Control occurred.

2.4                               Withholding of Taxes.  The Company may withhold from the Retention
Bonus all federal, state, local, FICA, Medicaid and similar taxes required by
applicable law to be withheld by the Company.

ARTICLE 3

SEVERANCE PAYMENT

3.1                               Right to a Severance Payment.  In addition to the Retention Bonus to which
the Executive is entitled under Section 2.1, the Executive shall be
entitled to receive a Severance Payment in the amount specified in Section 3.3
if, but only if:

(a)                                  A Change of Control occurs;

(b)                                 The Executive is an employee of the Company
as of the date of the Change of Control; and

(c)                                  (i) The Executive’s Employment is
terminated Without Cause within one year after
the Change of Control or (ii) the Executive terminates his Employment for
Good Reason within one year after
the Change of Control and within 60 days after the occurrence of the fact
or event that permitted the Executive to terminate his Employment for Good
Reason.

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3.2                               Notice of Termination.  Any purported termination of the Executive’s
Employment after the occurrence of a Change of Control for Cause or Good Reason
or because of the Executive’s Disability shall be communicated to the other
party by written notice of termination. 
The notice (i) shall be given at least 15 days prior to the
Employment termination date, (ii) shall specify the Employment termination date
(which shall not be more than thirty days after the delivery of the notice),
and (iii) shall set forth in reasonable detail the facts claimed to provide a
basis for the Employment termination for the specified reason.

3.3                               Amount of the Severance Payment.

(a)                                  If the Executive becomes entitled to a
Severance Payment under this Agreement, the amount of the Severance Payment
shall equal the product of 12 times the Executive’s monthly base salary that
was in effect on the date of the termination of the Executive’s Employment or,
if greater, that was in effect on the date that immediately preceded the date
on which the Change of Control occurred; provided, however, that any base
salary that is excluded from gross income for federal income tax purposes
pursuant to Section 125 or 401(k) of the Code and any base salary that is
deferred by the Executive pursuant to an employer-sponsored deferred
compensation plan shall be included in the calculation of the Executive’s base
salary for purposes of this Section 3.3(a).

(b)                                 The amount of the Severance Payment
calculated under Section 3.3(a) above shall be reduced by the amount of any and
all cash severance-type payments which the Executive receives pursuant to any
other severance plan, agreement, policy or program of the Company or any of the
Company’s subsidiaries.  However, if the
amount of the cash severance-type payments received under such other severance
plan, agreement, policy or program is greater than the Severance Payment that
is payable under this Agreement, the Executive shall be entitled to the amount
payable under such other plan, agreement, policy or program in lieu of the
Severance Payment under this Agreement. 
The payment to the Executive of the Retention Bonus or any amount under
a stock option plan, stock incentive plan, shareholders’ agreement or similar
agreement in consideration for the Executive’s equity ownership interest in the
Company or any direct or indirect parent company shall not be construed as a “severance-type
payment.”

3.4                               Payment of the Severance Payment; Release
Agreement.

(a)                                  Subject to the following paragraphs of this
Section 3.4, the Severance Payment to which the Executive is entitled pursuant
to Section 3.3 shall be paid in a lump sum concurrently with the termination of
Employment of the Executive as described in Section 3.1(c).

(b)                                 As a condition to the receipt of the
Severance Payment, the Executive must execute and deliver to the Company a
general release provided by the Company, to be in form and substance reasonably
satisfactory to the Company, that releases the Company and its respective
owners, directors, officers, managers, employees, subsidiaries and agents from
any and all claims that the Executive may have against such released Persons,
whether known or unknown, absolute or contingent, other than (i) claims under
this Agreement, (ii) claims under any other written agreement to which the
Executive is a party, (iii) claims under written employee benefit plans, and
(iv) claims for accrued but unpaid salary, bonuses, vacation pay and
expense reimbursement obligations.

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3.5                               Excise Tax Limitation.  Notwithstanding anything to the contrary in
this Agreement, if the Company determines in good faith that any portion of the
Retention Bonus or Severance Payment to which the Executive is entitled would
be subject to the excise tax imposed by Section 4999 of the Code, then the
Retention Bonus or Severance Payment, as the case may be, shall be reduced by
the Company to the minimum extent necessary to avoid any such excise tax.  All determinations required to be made pursuant
to the preceding sentence shall be made by the Board of Directors of the
Company, which shall provide supporting calculations and documentation to the
Executive promptly following his request therefor.

3.6                               Withholding of Taxes.  The Company may withhold from the Severance
Payment and any other amounts payable under this Agreement all federal, state,
local, FICA, Medicaid and similar taxes required by applicable law to be
withheld by the Company.

3.7                               COBRA Payments.

(a)                                  If the Executive becomes entitled to a
Severance Payment under this Agreement and if the Executive elects under COBRA
to continue to receive any group health care coverage under COBRA, the Company
shall reimburse the Executive for the amount of the Executive’s COBRA premiums
for the period ending 12 months after the Executive’s Employment
termination.  Each such reimbursement by
the Company shall be made within 15 days after its receipt of written
evidence of a COBRA payment made by the Executive; alternatively, the Company
may make such payments directly on behalf of the Executive.  Notwithstanding the foregoing, the Company
shall not be required to make any COBRA payment or reimbursement with respect
to any period after the Executive becomes covered under any other group health
plan that provides equal or greater benefits to the Executive than the Company’s
group health plan, and the Company shall remain entitled to terminate or amend
its group health plans at any time.

(b)                                 The benefits provided to the Executive under
Section 3.7(a) are in addition to, and not in lieu of, any other
post-employment health care benefits to which the Executive may be entitled
under any group health care plan or program that the Company may elect to
provide from time to time to the Executive and its other employees.

3.8                               No Mitigation Duty.  The Executive shall have no duty to mitigate
the amount of the Severance Payment, or the COBRA payments described in Section
3.7(a), by seeking other
employment or by taking any other action, and the amount of the Severance Payment
shall not be reduced by any income that the Executive receives from subsequent
employment.

3.9                               No Right to Receive Base Salary, Bonuses,
Benefits and Perquisites After an Employment Termination.

(a)                                  Except as may otherwise be agreed to in
writing between the Company and the Executive or as may be required by
applicable law with respect to continued group health care coverage under
COBRA, any obligation on the part of the Company to provide base salary,
bonuses, life and health insurance coverage, other employee benefits, expense
reimbursements and perquisites to the Executive shall terminate on the date of
the termination of the Executive’s Employment, regardless of the reason that
the Executive’s Employment terminated.

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(b)                                 Notwithstanding anything to the contrary in
Section 3.9(a) or in any other provision of this Agreement, upon a
termination of Employment for any reason (i) the Executive shall be
entitled to receive any base salary that is accrued but unpaid as of the
Employment termination date, (ii) to the extent provided by written Company
policies or by applicable law, the Executive shall be entitled to receive any
bonus or vacation pay that is accrued but unpaid as of the Employment
termination date, (iii) the Executive shall be entitled to receive any
compensation that he previously deferred in accordance with the terms of any
written deferred compensation plan maintained by the Company, and (iv) the
Executive shall remain entitled to be reimbursed for any business expenses that
were properly incurred by him during the Executive’s Employment in accordance
with Company policies.

3.10                        No Payments or Benefits Prior to a Change of
Control.  Prior to a Change of Control,
the Executive shall not be entitled to receive any Retention Bonus, Severance
Payment or other payments or benefits under this Agreement.  Except as provided below in Section 3.15, the
Executive shall not be entitled to receive any Retention Bonus, Severance
Payment or other payments or benefits under this Agreement if his Employment is
terminated for any reason prior to a Change of Control and if a Change of
Control subsequently occurs.

3.11                        No Death, Disability or Retirement Payments
or Benefits Payable Under this Agreement. 
Except as provided in Section 2.1 with respect to a Retention Bonus
and in Section 3.9(b) with respect to accrued but unpaid salary, vacation
time, bonuses and other specified accrued items, this Agreement does not
provide the Executive with a right to receive a Severance Payment or any other
payments or benefits if his Employment terminates before or after the
occurrence of a Change of Control by reason of Disability, death, retirement or
for any other reason except a termination described in Section 3.1(c).

3.12                        Benefits Under Other Company Plans.  Except as provided above in
Section 3.3(b), the Severance Payment shall not reduce any amounts
otherwise payable to the Executive under, or in any way diminish any of the
Executive’s rights as an employee under, any written employee benefit,
retirement or incentive plan or written employment agreement to which the
Executive is now, or subsequently becomes, a party or a participant.

3.13                        At Will Employment.    Neither this Agreement nor the Retention
Bonus or Severance Payment payable hereunder shall be deemed to limit, replace
or otherwise affect the “at will” nature of the Executive’s Employment, and
this Agreement shall not be construed as an employment contract.  The Executive’s Employment may be terminated
by either the Company or the Executive at any time and for any reason
(including for no specified reason), and nothing contained in this Agreement
shall be construed as creating any minimum period of Employment.  Except as specifically provided (i) in this
Agreement, (ii) in any written employment agreement or other written agreement
that the Executive may enter into with the Company, or (iii) in any written
employee manual, policy or benefit plan that the Company has provided to the
Executive, the Company shall have no obligation to make any compensation,
severance or other payments to the Executive, or to provide any other benefits
to the Executive, after the date of the termination of the Executive’s
Employment for any reason.  This
Agreement does not provide a pension for the Executive nor shall any payment
hereunder be characterized as deferred compensation.

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3.14                        Term of this Agreement.  This Agreement shall commence on the date set
forth above.  If a Change of Control has
not occurred, either the Company or the Executive may terminate this Agreement
and all obligations of the parties hereunder upon the delivery of at least one
year’s prior written
notice to the other party; provided, however, that if a Change of Control
occurs prior to the effective date of the termination notice described in the
preceding sentence, this Agreement shall not terminate pursuant to such
termination notice.  Furthermore, this
Agreement may be terminated after the occurrence of a Change of Control only by
the written agreement of the Company and the Executive; provided, however, that
the Executive shall be entitled to a Severance Payment hereunder only as
provided in Section 3.1.

3.15                        Termination of Employment in Anticipation of
a Change of Control. 
Notwithstanding anything to the contrary in this Agreement, if the
Executive’s Employment is terminated within 90 days prior to the
occurrence of a Change of Control, the Executive shall be entitled to claim
that his or her Employment was terminated (i) by the Company Without Cause or
by the Executive for Good Reason and (ii) directly as a result of the
anticipated Change of Control.  The
Executive shall have the burden of proving such claim.  A Retention Bonus in the amount described in
Section 2.1, a Severance Payment in the amount described in Section 3.3
and the COBRA payments described in Section 3.7 shall be owed to the Executive if, but only if, (i) the Company in its
absolute discretion agrees with the Executive’s claim or (ii) an arbitrator
agrees with the Executive’s claim and awards a Retention Bonus, Severance
Payment or COBRA payments in an arbitration proceeding brought pursuant to
Section 4.14 below.  All other
provisions of this Article 3 shall be applicable to any Retention Bonus,
Severance Payment and COBRA payments to
which the Executive becomes entitled under this Section 3.15.

3.16                        Confidential Information.  After the termination for any reason of the
Executive’s Employment, the Executive shall at no time, without the prior
written consent of the Company or as may otherwise be required by a court of
competent jurisdiction, (i) directly or indirectly divulge to any Person other
than the Company or a Person designated in writing by the Company any
confidential information or trade secrets regarding the Company or any of its
subsidiaries or affiliated companies or (ii) directly or indirectly use any
such confidential information or trade secrets for the Executive’s personal
benefit or the benefit of any Person other than the Company and its
subsidiaries and affiliates in the Executive’s performance of his employment
duties.

ARTICLE 4

GENERAL PROVISIONS

4.1                               Successors and Assigns.  This Agreement shall be binding upon, and
shall benefit, the personal representative, estate, beneficiaries (by will or
by the laws of descent and distribution), and other successors and assigns of
each party to this Agreement.  However,
this Agreement is personal to the Executive and may not be assigned by him
other than by will or the laws of descent and distribution.  The Company shall require any successor by
purchase, merger or otherwise to all or substantially all of the business and
assets of the Company to assume and agree to perform the Company’s obligations
under this Agreement, in the same manner and to the same extent that the
Company would be required to perform such obligations if no such succession had
taken place.

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4.2                               Expenses.  Except as otherwise provided in Sections 4.14
and 4.15 of this Agreement, each party to this Agreement shall bear its own
costs and expenses incurred in connection with this Agreement.

4.3                               Notices.  All notices and other communications required
or permitted by this Agreement to be given by one party to another party shall
be delivered in writing, by registered or certified United States mail (postage
prepaid and return receipt requested) or by reputable overnight delivery
service, to the Company or the Executive, as applicable, at the address that
appears on the signature page of this Agreement (or to such other address that
one party gives the other in the foregoing manner).  Any such notice or other communication that
is sent in the foregoing manner shall be deemed to have been delivered three
days after deposit in the United States mail or one day after delivery to an
overnight delivery service.

4.4                               Entire Agreement.  This Agreement constitutes the entire
agreement of the Company and the Executive relating to the subject matter of
this Agreement and supersedes any and all other prior agreements and
understandings (written or oral) relating to such subject matter.

4.5                               Calculation of Time.  Wherever in this Agreement a period of time
is stated in a number of days, it shall be deemed to mean calendar days.  However, when any period of time so stated
would end upon a Saturday, Sunday, or legal holiday, such period shall be
deemed to end upon the next day following that is not a Saturday, Sunday or
legal holiday.

4.6                               Further Assurances.  Each party to this Agreement shall perform
any further acts and execute and deliver any further documents that may be
requested by another party and that are reasonably necessary to carry out the
provisions of this Agreement.

4.7                               Provisions Subject to Applicable Law.  All provisions of this Agreement shall be
applicable only to the extent that they do not violate any applicable law, and
are intended to be limited to the extent necessary so that they will not render
this Agreement invalid, illegal or unenforceable under any applicable law.  If any provision of this Agreement or any
application thereof shall be held to be invalid, illegal or unenforceable, the
validity, legality and enforceability of other provisions of this Agreement or
of any other application of such provision shall in no way be affected thereby.

4.8                               Waiver of Rights.  Neither party to this Agreement shall be
deemed to have waived any right or remedy that it has under this Agreement
unless this Agreement expressly provides a period of time within which such
right or remedy must be exercised and such period has expired or unless such
party has expressly waived the same in writing. 
The waiver by a party of a right or remedy hereunder shall not be deemed
to be a waiver of any other right or remedy or of any subsequent right or
remedy of the same kind.

4.9                               Headings; Gender and Number. The headings
contained in this Agreement are for reference purposes only and shall not
affect in any manner the meaning or interpretation of this Agreement.  Where appropriate to the context of this
Agreement, use of the singular shall be deemed also to refer to the plural, and
use of the plural to the singular, and pronouns of one gender shall be deemed
to comprehend either or both of the other genders.  The terms “hereof,” 

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“herein,” “hereby,” and variations thereof
shall, whenever used in this Agreement, refer to this Agreement as a whole and
not to any particular section hereof.

4.10                        Amendment and Termination.  This Agreement may be amended only pursuant
to a writing executed by the Company and the Executive.  This Agreement may be terminated only as
provided above in Section 3.14 or pursuant to a writing executed by the Company
and the Executive.

4.11                        Counterparts.  This Agreement may be executed in two
counterparts, and by each party on a separate counterpart, each of which shall
be deemed an original, but both of which taken together shall constitute but
one and the same instrument.  This
Agreement may be executed by facsimile signature.

4.12                        Representation of the Executive;
Interpretation of This Agreement.  The
Executive acknowledges that he has had an adequate opportunity to review this
Agreement with the Executive’s counsel, if any, prior to executing this
Agreement.  The terms of this Agreement
have been negotiated by the Company and the Executive, and the language used
herein was chosen by the parties to express their mutual intent.  This Agreement shall be construed without
regard to any presumption or rule requiring construction against the party
causing the instrument to be drafted. 
The Executive further acknowledges that (i) Troy & Gould
Professional Corporation has served as counsel to the Company only (and not to
the Executive) in connection with this Agreement, and (ii) neither the
Company nor its agents or representatives has made any representations to the
Executive regarding the tax consequences to him of any payments pursuant to
this Agreement.

4.13                        Governing Laws.  This Agreement shall be governed by, and
construed and enforced in accordance with, the internal laws of the State of
California without giving effect to conflict-of-law principles.

4.14                        Arbitration of Disputes; Jury Trial Waiver.

(a)                                  To the fullest extent permitted by applicable
law, all disputes arising between the Company and the Executive concerning the
interpretation or enforcement of this Agreement shall be submitted to final and
binding confidential arbitration, before one arbitrator, in accordance with the
applicable Comprehensive Arbitration Rules and Procedures of JAMS in effect on
the date of such arbitration including, without limitation, the discovery
rights that are expressly provided by the Comprehensive Arbitration Rules and
Procedures of JAMS.  All arbitration
proceedings shall be conducted in Los Angeles, California, and shall be
administered by JAMS.  Each party
consents to such venue and jurisdiction and agrees that personal jurisdiction
over such party for purposes of the arbitration proceeding or for any court
action that is permitted by this Agreement may be effected by service of
process addressed and delivered as provided in Section 4.3.

(b)                                 A party shall be entitled to initiate an
arbitration proceeding if a dispute cannot be resolved amicably within thirty
days after the other party or parties have been notified in writing of the
existence of the dispute.  The parties
shall attempt to agree upon the arbitrator, who shall be a retired California
state or federal court judge from the Los Angeles, California, office of
JAMS.  If the parties cannot agree upon
an arbitrator within fifteen days after the matter is submitted for
arbitration, a retired California state or federal court judge from the Los
Angeles, 

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California, office of JAMS promptly shall be appointed
in accordance with the applicable rules of JAMS to serve as the sole
arbitrator.  Each party shall have the
right to be represented by counsel in the arbitration proceeding and, if
required by JAMS, the arbitration proceeding shall comply with the JAMS “Minimum
Standards of Procedural Fairness for Employment Arbitration.”

(c)                                  The arbitrator hereby is instructed to
interpret and enforce this Agreement in strict accordance with its terms, and
the arbitrator shall not have the right or power to alter or amend any term of
this Agreement except to the limited extent expressly provided in
Section 4.7.  The arbitrator is
required to apply applicable substantive law in making an award, and the
arbitrator is required to issue a written decision that summarizes the findings
and conclusions upon which the award is based. 
An award of the arbitrator that is in violation of the requirements of
either of the two immediately preceding sentences shall constitute an action
that exceeds the arbitrator’s power under this Agreement and, as such, may be
vacated by a court of competent jurisdiction. 
The arbitrator’s award may be enforced in any court having jurisdiction
over the matter.

(d)                                 Notwithstanding the preceding provisions of
this Section 4.14, each party is entitled to bring an action for temporary or
preliminary injunctive relief at any time in any court of competent
jurisdiction in order to prevent immeasurable and irreparable injury that might
result from a breach of this Agreement.

(e)                                  EACH PARTY AGREES THAT, IN
CONNECTION WITH AND AS PART OF THE ARBITRATION PROVISIONS OF THIS
SECTION 4.14, ALL RIGHTS TO A TRIAL BY A JURY OF ANY CLAIM ARISING OUT OF
OR RELATING TO THIS AGREEMENT ARE FOREVER AND ABSOLUTELY WAIVED.

4.15                        Attorneys’ Fees and Other Expenses.  To the fullest extent permitted by applicable
law, the unsuccessful party to any arbitration proceeding or to any court
action that is permitted by this Agreement shall pay to the prevailing party
all costs and expenses, including, without limitation, reasonable attorneys’
fees, incurred in the arbitration proceeding or the court action by the
successful party, all of which shall be included in and as a part of the award
rendered in the proceeding or action. 
For purposes of this Section 4.15, attorneys’ fees shall include,
without limitation, fees incurred in connection with post-judgment and
post-award actions.  Notwithstanding the
preceding provisions of this Section 4.15, if required by applicable California
law, the Company shall pay the fees of the arbitrator and all other fees that
are charged by JAMS in connection with the arbitration proceeding.

[Signature page follows]

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IN
WITNESS WHEREOF, the undersigned have executed and delivered this Agreement as
of the date first above written.  

	
   

  	
  INTERNATIONAL ALUMINUM
  CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Ronald L.
  Rudy

  	
   

  
	
   

  	
   

  	
  Ronald L. Rudy

  
	
   

  	
   

  	
  President and
  Chief Executive Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Address:

  
	
   

  	
   

  
	
   

  	
  767 Monterey
  Pass Road

  
	
   

  	
  Monterey Park,
  California 91754

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  /s/ William G.
  Gainer

  	
   

  
	
   

  	
  Executive’s Signature

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  William G.
  Gainer

  	
   

  
	
   

  	
  Print
  Executive’s Name

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Executive’s
  Address:

  
	
   

  	
   

  
	
   

  	
  520 Ultimo
  Avenue

  
	
   

  	
  Long Beach,
  California 90814

  

 

 12Exhibit 10.12

CHANGE OF
CONTROL AGREEMENT

This Change of
Control Agreement is entered into as September 8, 2006, by and between
International Aluminum Corporation, a California corporation (the “Company”), and Mitchell K.
Fogelman (the “Executive”),
with reference to the following:

RECITALS

A.            The Company believes that it is in
the best interests of the Company to foster the continuous employment of key
management personnel such as the Executive.

B.            The Company and the Executive desire
to enter into this Agreement in order to induce the Executive to continue his
employment with the Company during any period in which the Company may be
engaged in negotiations regarding a Change of Control (as defined below) and
during the one-year period
following a Change of Control.

NOW, THEREFORE, in
consideration of the foregoing and other good and valuable consideration, the
receipt and sufficiency of which hereby are acknowledged, the Company and the
Executive hereby agree as follows:

ARTICLE 1

DEFINITIONS

For purposes of
this Agreement, each of the following terms defined in this Article 1 shall
have its defined meaning wherever used in this Agreement.

1.1          Agreement. “Agreement”
means this Change of Control Agreement, as it may be amended from time to time
as provided herein.

1.2          Beneficial
Owner and Beneficial Ownership.  “Beneficial
Owner” and “Beneficial Ownership” have the meanings given to such terms in Rule
13d-3 under the Exchange Act.

1.3          Cause.  “Cause”
means (i) the Executive’s conviction of a felony that is injurious to the
business of the Company, (ii) the Executive’s willful and continued failure to
perform his Employment duties, (iii) the Executive’s willful misconduct that is
injurious to the business of the Company, or (iv) the Executive’s willful
violation of any material provision of any employment policy of the Company;
provided, however, that the Executive’s inability to perform his or her duties
because of a Disability shall not constitute a basis for the Company’s
termination of the Executive’s Employment for Cause.  Notwithstanding the foregoing, the Executive’s
Employment shall not be subject to termination for Cause without (w) the
Company’s delivery to the Executive of a notice of intention to terminate, such
notice to describe the reasons for the proposed Employment termination and to
be delivered to the Executive at least ten days prior to the actual termination
date, (x) an opportunity for the Executive within the period prior to the
proposed Employment termination to cure any such breach (if curable) giving 

 1
 

 

rise to the proposed termination, and (y) an
opportunity for the Executive, if he chooses, to be heard before the Board of
Directors of the Company.

1.4          Change
of Control.  “Change of
Control” means any transaction or series of related transactions as a result of
which:

(a)           Any
Person or group of Persons (as the term “group” is defined in Section 13(d) of
the Exchange Act and the rules and regulations thereunder) acquires Beneficial
Ownership of securities of the Company, or of any entity resulting from a
merger to which the Company is a party and is not the surviving party,
representing more than fifty percent of the combined voting power of the
then-outstanding securities of the Company or such other entity, as applicable;
provided, however, that for purposes of this Section 1.4(a), the following
acquisitions of securities shall not constitute a Change of Control:  (1) any acquisition by Vanderstar; (2) any
acquisition by a trust established by Vanderstar if Vanderstar is a trustee of
the trust; (3) any acquisition by a corporation, partnership or limited
liability company if Vanderstar has Beneficial Ownership of more than fifty
percent of the combined voting power of such corporation, partnership or
limited liability company; (4) any acquisition by the Company or by an employee
benefit plan or related trust sponsored or maintained by the Company; or (5)
any acquisition directly from the Company or Vanderstar, or both, pursuant to
an underwritten public offering of securities that is registered under the
Securities Act; or

(b)           The
Company consummates a merger, reorganization or consolidation to which it is a
party (regardless as to whether it is the surviving entity), or the Company
sells all or substantially all of its assets (each such transaction being
referred to in this Section 1.4(b) as a “Transaction”),
unless Persons who were Beneficial Owners of the outstanding voting securities
of the Company immediately prior to the consummation of the Transaction
Beneficially Own immediately after the consummation of the Transaction at least
fifty percent of the combined voting power of the then-outstanding securities
of the Person surviving or resulting from the Transaction.

1.5          COBRA.  “COBRA” means the Consolidated Omnibus Budget
Reconciliation Act of 1985, as amended.

1.6          Code.  “Code” means the Internal Revenue Code of
1986, as amended.

1.7          Disability.  “Disability” means a physical or mental
disability of the Executive, as certified in a written statement from a
licensed physician selected or approved by the Executive Committee, that
results in the Executive being unable to perform his duties as an employee of
the Company on a full-time basis (after reasonable accommodation by the
Company) for (i) 120 consecutive days or (ii) 180 days (regardless of
whether such days are consecutive) during any period of 365 consecutive days.

1.8          Employment.  “Employment” means the Executive’s employment
in any capacity with the Company.

1.9          Exchange
Act.  “Exchange Act” means the
Securities Exchange Act of 1934, as amended.

 2
 

 

1.10        Good
Reason.  “Good Reason” means the
occurrence after a Change of Control of any of the following actions by the
Company, unless the Executive, in his discretion, consents thereto in writing
or the action by the Company is reversed or abandoned within 30 days after
the Company receives from the Executive written notice of the Executive’s
objection to the action: (i) a reduction in the Executive’s annual base
salary as in effect on the date immediately prior to the Change of Control or a
failure to make any scheduled base salary payment within fifteen days after its
due date, unless the Company’s Board of Directors determines in good faith that
such base salary reduction is more than offset by the aggregate value of any
new compensation plans or other Employment-related benefits that are provided
to the Executive after the Change of Control; (ii) the Company’s
requirement that the Executive perform his or her Employment duties at an
office that is more than 25 miles from the Company’s office at which the
Executive was principally employed on the date immediately prior to the Change
of Control; (iii) a change or diminution in Executive’s employment duties
that is materially inconsistent with the duties usually associated with the
office of the Chief Financial Officer of a corporation; or (iv) a failure
by the Company to continue for the benefit of the Executive any material
compensation plan in which the Executive participated on the date immediately
prior to the Change of Control, unless the discontinuation of such plan was
outside the Company’s reasonable control or unless the Company discontinues
such plan for all of its executive officers. 
Notwithstanding the foregoing, Good Reason for the Executive to
terminate his or her Employment shall not exist by reason of any of the Company’s
actions described in the preceding sentence if the action is preceded by a
written notice from the Company of an intention to terminate the Executive’s
Employment for Cause or because of the Executive’s Disability and is then
followed by a termination of Employment for Cause or Disability.

1.11        JAMS.  “JAMS” means the Judicial Arbitration
Mediation Service or its successor by law or by written agreement with JAMS.

1.12        Person.  “Person” means any natural person, corporation,
partnership, limited liability company or other association or entity.

1.13        Securities
Act.  “Securities Act” means the
Securities Act of 1933, as amended.

1.14        Retention
Bonus.  “Retention Bonus” means the
bonus compensation that the Company has agreed to pay to the Executive pursuant
to Article 2 upon the occurrence of a Change of Control.

1.15        Severance
Payment.   “Severance Payment” means the
severance compensation that the Company has agreed to pay to the Executive
pursuant to Article 3 upon the termination of the Executive’s Employment
after a Change of Control.

1.16        Vanderstar.  “Vanderstar” means Cornelius C. Vanderstar
and Marguerite D. Vanderstar, or either of them, individually or as trustees of
the Vanderstar Family Trust, so long as he or she is a Beneficial Owner of
capital stock of
the Company as of the date that the acquisition of securities or other
transaction in question occurs.

1.17        Without
Cause.  “Without Cause” means the
termination of the Executive’s Employment by the Company other than for Cause
and other than by reason of the death or Disability of the Executive.

 3
 

 

1.18        Other
Definitions.  Any term
defined in any other section of this Agreement shall have its defined meaning
wherever used in this Agreement.

ARTICLE 2

RETENTION BONUS

2.1          Right
to a Retention Bonus.  The
Executive shall be entitled to receive a Retention Bonus in the amount
specified in Section 2.2 if, but only if:

(a)           A
Change of Control occurs; and

(b)           The
Executive is an employee of the Company as of the date the Change of Control
occurred.

2.2          Amount
of the Retention Bonus.  If
the Executive becomes entitled to a Retention Bonus under this Agreement, the
amount of the Retention Bonus shall equal the product of six times the
Executive’s monthly base salary that was in effect on the date on which the
Change of Control occurred; provided, however, that any base salary that is
excluded from gross income for federal income tax purposes pursuant to Section
125 or 401(k) of the Code and any base salary that is deferred by the Executive
pursuant to an employer-sponsored deferred compensation plan shall be included
in the calculation of the Executive’s base salary for purposes of this
Section 2.2.

2.3          Payment
of the Retention Bonus.  The
Retention Bonus to which the Executive is entitled pursuant to Section 2.2
shall be paid in a lump sum within ten days following the date on which the
Change of Control occurred.

2.4          Withholding
of Taxes.  The
Company may withhold from the Retention Bonus all federal, state, local, FICA,
Medicaid and similar taxes required by applicable law to be withheld by the
Company.

ARTICLE 3

SEVERANCE PAYMENT

3.1          Right
to a Severance Payment.  In
addition to the Retention Bonus to which the Executive is entitled under
Section 2.1, the Executive shall be entitled to receive a Severance
Payment in the amount specified in Section 3.3 if, but only if:

(a)           A
Change of Control occurs;

(b)           The
Executive is an employee of the Company as of the date of the Change of
Control; and

(c)           (i) The
Executive’s Employment is terminated Without Cause within one year after the Change of Control or
(ii) the Executive terminates his Employment for Good Reason within one
year after the Change of Control
and within 60 days after the occurrence of the fact or event that permitted
the Executive to terminate his Employment for Good Reason.

 4
 

 

3.2          Notice
of Termination.  Any
purported termination of the Executive’s Employment after the occurrence of a
Change of Control for Cause or Good Reason or because of the Executive’s
Disability shall be communicated to the other party by written notice of
termination.  The notice (i) shall be
given at least 15 days prior to the Employment termination date, (ii)
shall specify the Employment termination date (which shall not be more than
thirty days after the delivery of the notice), and (iii) shall set forth in
reasonable detail the facts claimed to provide a basis for the Employment
termination for the specified reason.

3.3          Amount
of the Severance Payment.

(a)           If
the Executive becomes entitled to a Severance Payment under this Agreement, the
amount of the Severance Payment shall equal the product of 12 times the
Executive’s monthly base salary that was in effect on the date of the
termination of the Executive’s Employment or, if greater, that was in effect on
the date that immediately preceded the date on which the Change of Control
occurred; provided, however, that any base salary that is excluded from gross
income for federal income tax purposes pursuant to Section 125 or 401(k) of the
Code and any base salary that is deferred by the Executive pursuant to an
employer-sponsored deferred compensation plan shall be included in the
calculation of the Executive’s base salary for purposes of this
Section 3.3(a).

(b)           The
amount of the Severance Payment calculated under Section 3.3(a) above shall be
reduced by the amount of any and all cash severance-type payments which the
Executive receives pursuant to any other severance plan, agreement, policy or
program of the Company or any of the Company’s subsidiaries.  However, if the amount of the cash
severance-type payments received under such other severance plan, agreement,
policy or program is greater than the Severance Payment that is payable under
this Agreement, the Executive shall be entitled to the amount payable under
such other plan, agreement, policy or program in lieu of the Severance Payment
under this Agreement.  The payment to the
Executive of the Retention Bonus or any amount under a stock option plan, stock
incentive plan, shareholders’ agreement or similar agreement in consideration
for the Executive’s equity ownership interest in the Company or any direct or
indirect parent company shall not be construed as a “severance-type payment.”

3.4          Payment
of the Severance Payment; Release Agreement.

(a)           Subject
to the following paragraphs of this Section 3.4, the Severance Payment to which
the Executive is entitled pursuant to Section 3.3 shall be paid in a lump sum
concurrently with the termination of Employment of the Executive as described
in Section 3.1(c).

(b)           As
a condition to the receipt of the Severance Payment, the Executive must execute
and deliver to the Company a general release provided by the Company, to be in
form and substance reasonably satisfactory to the Company, that releases the
Company and its respective owners, directors, officers, managers, employees,
subsidiaries and agents from any and all claims that the Executive may have
against such released Persons, whether known or unknown, absolute or
contingent, other than (i) claims under this Agreement, (ii) claims under any
other written agreement to which the Executive is a party, (iii) claims under
written employee benefit plans, and (iv) claims for accrued but unpaid
salary, bonuses, vacation pay and expense reimbursement obligations.

 5
 

 

3.5          Excise
Tax Limitation. 
Notwithstanding anything to the contrary in this Agreement, if the
Company determines in good faith that any portion of the Retention Bonus or
Severance Payment to which the Executive is entitled would be subject to the
excise tax imposed by Section 4999 of the Code, then the Retention Bonus
or Severance Payment, as the case may be, shall be reduced by the Company to
the minimum extent necessary to avoid any such excise tax.  All determinations required to be made
pursuant to the preceding sentence shall be made by the Board of Directors of
the Company, which shall provide supporting calculations and documentation to
the Executive promptly following his request therefor.

3.6          Withholding
of Taxes.  The
Company may withhold from the Severance Payment and any other amounts payable
under this Agreement all federal, state, local, FICA, Medicaid and similar
taxes required by applicable law to be withheld by the Company.

3.7          COBRA
Payments.

(a)           If
the Executive becomes entitled to a Severance Payment under this Agreement and
if the Executive elects under COBRA to continue to receive any group health
care coverage under COBRA, the Company shall reimburse the Executive for the
amount of the Executive’s COBRA premiums for the period ending 12 months after
the Executive’s Employment termination. 
Each such reimbursement by the Company shall be made within 15 days
after its receipt of written evidence of a COBRA payment made by the Executive;
alternatively, the Company may make such payments directly on behalf of the
Executive.  Notwithstanding the
foregoing, the Company shall not be required to make any COBRA payment or
reimbursement with respect to any period after the Executive becomes covered
under any other group health plan that provides equal or greater benefits to
the Executive than the Company’s group health plan, and the Company shall
remain entitled to terminate or amend its group health plans at any time.

(b)           The
benefits provided to the Executive under Section 3.7(a) are in addition to, and
not in lieu of, any other post-employment health care benefits to which the
Executive may be entitled under any group health care plan or program that the
Company may elect to provide from time to time to the Executive and its other
employees.

3.8          No
Mitigation Duty.  The
Executive shall have no duty to mitigate the amount of the Severance Payment,
or the COBRA payments described in Section 3.7(a), by seeking other employment or by taking any other action, and the
amount of the Severance Payment shall not be reduced by any income that the
Executive receives from subsequent employment.

3.9          No
Right to Receive Base Salary, Bonuses, Benefits and Perquisites After an
Employment Termination.

(a)           Except
as may otherwise be agreed to in writing between the Company and the Executive
or as may be required by applicable law with respect to continued group health
care coverage under COBRA, any obligation on the part of the Company to provide
base salary, bonuses, life and health insurance coverage, other employee
benefits, expense reimbursements and perquisites to the Executive shall
terminate on the date of the termination of the Executive’s Employment,
regardless of the reason that the Executive’s Employment terminated.

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(b)           Notwithstanding
anything to the contrary in Section 3.9(a) or in any other provision of
this Agreement, upon a termination of Employment for any reason (i) the
Executive shall be entitled to receive any base salary that is accrued but
unpaid as of the Employment termination date, (ii) to the extent provided by
written Company policies or by applicable law, the Executive shall be entitled
to receive any bonus or vacation pay that is accrued but unpaid as of the
Employment termination date, (iii) the Executive shall be entitled to receive any
compensation that he previously deferred in accordance with the terms of any
written deferred compensation plan maintained by the Company, and (iv) the
Executive shall remain entitled to be reimbursed for any business expenses that
were properly incurred by him during the Executive’s Employment in accordance
with Company policies.

3.10        No
Payments or Benefits Prior to a Change of Control.  Prior to a Change of Control, the Executive
shall not be entitled to receive any Retention Bonus, Severance Payment or
other payments or benefits under this Agreement.  Except as provided below in Section 3.15, the
Executive shall not be entitled to receive any Retention Bonus, Severance
Payment or other payments or benefits under this Agreement if his Employment is
terminated for any reason prior to a Change of Control and if a Change of
Control subsequently occurs.

3.11        No
Death, Disability or Retirement Payments or Benefits Payable Under this
Agreement.  Except as
provided in Section 2.1 with respect to a Retention Bonus and in
Section 3.9(b) with respect to accrued but unpaid salary, vacation time,
bonuses and other specified accrued items, this Agreement does not provide the
Executive with a right to receive a Severance Payment or any other payments or
benefits if his Employment terminates before or after the occurrence of a
Change of Control by reason of Disability, death, retirement or for any other
reason except a termination described in Section 3.1(c).

3.12        Benefits
Under Other Company Plans. 
Except as provided above in Section 3.3(b), the Severance Payment
shall not reduce any amounts otherwise payable to the Executive under, or in
any way diminish any of the Executive’s rights as an employee under, any
written employee benefit, retirement or incentive plan or written employment
agreement to which the Executive is now, or subsequently becomes, a party or a
participant.

3.13        At
Will Employment.    Neither
this Agreement nor the Retention Bonus or Severance Payment payable hereunder
shall be deemed to limit, replace or otherwise affect the “at will” nature of
the Executive’s Employment, and this Agreement shall not be construed as an
employment contract.  The Executive’s
Employment may be terminated by either the Company or the Executive at any time
and for any reason (including for no specified reason), and nothing contained
in this Agreement shall be construed as creating any minimum period of
Employment.  Except as specifically
provided (i) in this Agreement, (ii) in any written employment agreement or
other written agreement that the Executive may enter into with the Company, or
(iii) in any written employee manual, policy or benefit plan that the Company
has provided to the Executive, the Company shall have no obligation to make any
compensation, severance or other payments to the Executive, or to provide any
other benefits to the Executive, after the date of the termination of the
Executive’s Employment for any reason. 
This Agreement does not provide a pension for the Executive nor shall
any payment hereunder be characterized as deferred compensation.

 7
 

 

3.14        Term
of this Agreement.  This
Agreement shall commence on the date set forth above.  If a Change of Control has not occurred,
either the Company or the Executive may terminate this Agreement and all obligations
of the parties hereunder upon the delivery of at least one year’s prior written notice to the other party;
provided, however, that if a Change of Control occurs prior to the effective
date of the termination notice described in the preceding sentence, this
Agreement shall not terminate pursuant to such termination notice.  Furthermore, this Agreement may be terminated
after the occurrence of a Change of Control only by the written agreement of
the Company and the Executive; provided, however, that the Executive shall be
entitled to a Severance Payment hereunder only as provided in Section 3.1.

3.15        Termination
of Employment in Anticipation of a Change of Control.  Notwithstanding anything to the contrary in
this Agreement, if the Executive’s Employment is terminated within 90 days
prior to the occurrence of a Change of Control, the Executive shall be entitled
to claim that his or her Employment was terminated (i) by the Company Without
Cause or by the Executive for Good Reason and (ii) directly as a result
of the anticipated Change of Control. 
The Executive shall have the burden of proving such claim.  A Retention Bonus in the amount described in
Section 2.1, a Severance Payment in the amount described in Section 3.3
and the COBRA payments described in Section 3.7 shall be owed to the Executive if, but only if, (i) the Company in its
absolute discretion agrees with the Executive’s claim or (ii) an arbitrator
agrees with the Executive’s claim and awards a Retention Bonus, Severance
Payment or COBRA payments in an arbitration proceeding brought pursuant to
Section 4.14 below.  All other
provisions of this Article 3 shall be applicable to any Retention Bonus,
Severance Payment and COBRA payments to
which the Executive becomes entitled under this Section 3.15.

3.16        Confidential
Information.  After the
termination for any reason of the Executive’s Employment, the Executive shall
at no time, without the prior written consent of the Company or as may
otherwise be required by a court of competent jurisdiction, (i) directly or
indirectly divulge to any Person other than the Company or a Person designated
in writing by the Company any confidential information or trade secrets
regarding the Company or any of its subsidiaries or affiliated companies or
(ii) directly or indirectly use any such confidential information or trade
secrets for the Executive’s personal benefit or the benefit of any Person other
than the Company and its subsidiaries and affiliates in the Executive’s
performance of his employment duties.

ARTICLE 4

GENERAL PROVISIONS

4.1          Successors and Assigns.  This Agreement shall be binding upon, and
shall benefit, the personal representative, estate, beneficiaries (by will or
by the laws of descent and distribution), and other successors and assigns of
each party to this Agreement.  However,
this Agreement is personal to the Executive and may not be assigned by him
other than by will or the laws of descent and distribution.  The Company shall require any successor by
purchase, merger or otherwise to all or substantially all of the business and
assets of the Company to assume and agree to perform the Company’s obligations
under this Agreement, in the same manner and to the same extent that the
Company would be required to perform such obligations if no such succession had
taken place.

 8
 

 

4.2          Expenses. 
Except as otherwise provided in Sections 4.14 and 4.15 of this
Agreement, each party to this Agreement shall bear its own costs and expenses
incurred in connection with this Agreement.

4.3          Notices.  All
notices and other communications required or permitted by this Agreement to be
given by one party to another party shall be delivered in writing, by
registered or certified United States mail (postage prepaid and return receipt
requested) or by reputable overnight delivery service, to the Company or the
Executive, as applicable, at the address that appears on the signature page of
this Agreement (or to such other address that one party gives the other in the
foregoing manner).  Any such notice or
other communication that is sent in the foregoing manner shall be deemed to
have been delivered three days after deposit in the United States mail or one
day after delivery to an overnight delivery service.

4.4          Entire Agreement.  This Agreement constitutes the entire
agreement of the Company and the Executive relating to the subject matter of
this Agreement and supersedes any and all other prior agreements and
understandings (written or oral) relating to such subject matter.

4.5          Calculation of Time.  Wherever in this Agreement a period of time
is stated in a number of days, it shall be deemed to mean calendar days.  However, when any period of time so stated
would end upon a Saturday, Sunday, or legal holiday, such period shall be
deemed to end upon the next day following that is not a Saturday, Sunday or
legal holiday.

4.6          Further Assurances.  Each party to this Agreement shall perform
any further acts and execute and deliver any further documents that may be
requested by another party and that are reasonably necessary to carry out the provisions
of this Agreement.

4.7          Provisions Subject to Applicable Law.  All provisions of this Agreement shall be
applicable only to the extent that they do not violate any applicable law, and
are intended to be limited to the extent necessary so that they will not render
this Agreement invalid, illegal or unenforceable under any applicable law.  If any provision of this Agreement or any
application thereof shall be held to be invalid, illegal or unenforceable, the
validity, legality and enforceability of other provisions of this Agreement or
of any other application of such provision shall in no way be affected thereby.

4.8          Waiver of Rights.  Neither party to this Agreement shall be
deemed to have waived any right or remedy that it has under this Agreement unless
this Agreement expressly provides a period of time within which such right or
remedy must be exercised and such period has expired or unless such party has
expressly waived the same in writing. 
The waiver by a party of a right or remedy hereunder shall not be deemed
to be a waiver of any other right or remedy or of any subsequent right or
remedy of the same kind.

4.9          Headings; Gender and Number. The headings
contained in this Agreement are for reference purposes only and shall not
affect in any manner the meaning or interpretation of this Agreement.  Where appropriate to the context of this
Agreement, use of the singular shall be deemed also to refer to the plural, and
use of the plural to the singular, and pronouns of one gender shall be deemed
to comprehend either or both of the other genders.  The terms “hereof,” 

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“herein,” “hereby,” and variations thereof
shall, whenever used in this Agreement, refer to this Agreement as a whole and
not to any particular section hereof.

4.10        Amendment and Termination.  This Agreement may be amended only pursuant
to a writing executed by the Company and the Executive.  This Agreement may be terminated only as
provided above in Section 3.14 or pursuant to a writing executed by the Company
and the Executive.

4.11        Counterparts.  This
Agreement may be executed in two counterparts, and by each party on a separate
counterpart, each of which shall be deemed an original, but both of which taken
together shall constitute but one and the same instrument.  This Agreement may be executed by facsimile
signature.

4.12        Representation of the Executive; Interpretation of This
Agreement.  The
Executive acknowledges that he has had an adequate opportunity to review this
Agreement with the Executive’s counsel, if any, prior to executing this
Agreement.  The terms of this Agreement
have been negotiated by the Company and the Executive, and the language used
herein was chosen by the parties to express their mutual intent.  This Agreement shall be construed without
regard to any presumption or rule requiring construction against the party
causing the instrument to be drafted. 
The Executive further acknowledges that (i) Troy & Gould
Professional Corporation has served as counsel to the Company only (and not to
the Executive) in connection with this Agreement, and (ii) neither the
Company nor its agents or representatives has made any representations to the
Executive regarding the tax consequences to him of any payments pursuant to
this Agreement.

4.13        Governing Laws.  This Agreement shall be governed by, and
construed and enforced in accordance with, the internal laws of the State of
California without giving effect to conflict-of-law principles.

4.14        Arbitration of Disputes; Jury Trial Waiver.

(a)           To
the fullest extent permitted by applicable law, all disputes arising between
the Company and the Executive concerning the interpretation or enforcement of
this Agreement shall be submitted to final and binding confidential
arbitration, before one arbitrator, in accordance with the applicable Comprehensive
Arbitration Rules and Procedures of JAMS in effect on the date of such
arbitration including, without limitation, the discovery rights that are
expressly provided by the Comprehensive Arbitration Rules and Procedures of
JAMS.  All arbitration proceedings shall
be conducted in Los Angeles, California, and shall be administered by
JAMS.  Each party consents to such venue
and jurisdiction and agrees that personal jurisdiction over such party for
purposes of the arbitration proceeding or for any court action that is
permitted by this Agreement may be effected by service of process addressed and
delivered as provided in Section 4.3.

(b)           A
party shall be entitled to initiate an arbitration proceeding if a dispute
cannot be resolved amicably within thirty days after the other party or parties
have been notified in writing of the existence of the dispute.  The parties shall attempt to agree upon the
arbitrator, who shall be a retired California state or federal court judge from
the Los Angeles, California, office of JAMS. 
If the parties cannot agree upon an arbitrator within fifteen days after
the matter is submitted for arbitration, a retired California state or federal
court judge from the Los Angeles, 

 10
 

 

California, office of JAMS promptly shall be appointed
in accordance with the applicable rules of JAMS to serve as the sole
arbitrator.  Each party shall have the
right to be represented by counsel in the arbitration proceeding and, if
required by JAMS, the arbitration proceeding shall comply with the JAMS “Minimum
Standards of Procedural Fairness for Employment Arbitration.”

(c)           The
arbitrator hereby is instructed to interpret and enforce this Agreement in
strict accordance with its terms, and the arbitrator shall not have the right
or power to alter or amend any term of this Agreement except to the limited
extent expressly provided in Section 4.7. 
The arbitrator is required to apply applicable substantive law in making
an award, and the arbitrator is required to issue a written decision that
summarizes the findings and conclusions upon which the award is based.  An award of the arbitrator that is in
violation of the requirements of either of the two immediately preceding
sentences shall constitute an action that exceeds the arbitrator’s power under
this Agreement and, as such, may be vacated by a court of competent
jurisdiction.  The arbitrator’s award may
be enforced in any court having jurisdiction over the matter.

(d)           Notwithstanding
the preceding provisions of this Section 4.14, each party is entitled to bring
an action for temporary or preliminary injunctive relief at any time in any
court of competent jurisdiction in order to prevent immeasurable and
irreparable injury that might result from a breach of this Agreement.

(e)           EACH
PARTY AGREES THAT, IN CONNECTION WITH AND AS PART OF THE ARBITRATION PROVISIONS
OF THIS SECTION 4.14, ALL RIGHTS TO A TRIAL BY A JURY OF ANY CLAIM ARISING
OUT OF OR RELATING TO THIS AGREEMENT ARE FOREVER AND ABSOLUTELY WAIVED.

4.15        Attorneys’ Fees and Other Expenses.  To the fullest extent permitted by applicable
law, the unsuccessful party to any arbitration proceeding or to any court
action that is permitted by this Agreement shall pay to the prevailing party
all costs and expenses, including, without limitation, reasonable attorneys’
fees, incurred in the arbitration proceeding or the court action by the
successful party, all of which shall be included in and as a part of the award
rendered in the proceeding or action. 
For purposes of this Section 4.15, attorneys’ fees shall include,
without limitation, fees incurred in connection with post-judgment and
post-award actions.  Notwithstanding the
preceding provisions of this Section 4.15, if required by applicable California
law, the Company shall pay the fees of the arbitrator and all other fees that
are charged by JAMS in connection with the arbitration proceeding.

[Signature page follows]

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IN
WITNESS WHEREOF, the undersigned have executed and delivered this Agreement as
of the date first above written.  

	
   

  	
  INTERNATIONAL ALUMINUM
  CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Ronald L.
  Rudy

  	
   

  
	
   

  	
   

  	
  Ronald L. Rudy

  
	
   

  	
   

  	
  President and
  Chief Executive Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Address:

  
	
   

  	
   

  
	
   

  	
  767 Monterey
  Pass Road

  
	
   

  	
  Monterey Park,
  California 91754

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  /s/ Mitchell K.
  Fogelman

  	
   

  
	
   

  	
  Executive’s Signature

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Mitchell K.
  Fogelman

  	
   

  
	
   

  	
  Print
  Executive’s Name

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Executive’s
  Address:

  
	
   

  	
   

  
	
   

  	
  9536 White Oak
  Avenue

  
	
   

  	
  Northridge,
  California 91325

  
					

 

 12

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