Document:

Exhibit 10.8

2006 STOCK OPTION PLAN

OF

INDALEX
HOLDINGS FINANCE, INC.

1.             Purposes
of the Plan. This Stock Option Plan (the “Plan”)
is designed to provide an incentive to key employees (including managers and
officers who are key employees) of Indalex Holdings Finance, Inc., a Delaware
corporation (the “Company”), or any of its Subsidiaries (as defined in Paragraph
21) and consultants and board members who are not employees of the Company,
and to offer an additional inducement in obtaining the services of such
persons. The Plan provides for the grant of options to acquire shares of
Non-Voting Common Stock (as defined in Paragraph 21 hereof) of the
Company which may be subject to contingencies or restrictions.

2.             Subject
to the Plan. Subject to the provisions of Paragraph
13, the aggregate number of shares of Non-Voting Common Stock for which
options may be granted under the Plan shall not exceed 100,000 shares. Such
shares of Non-Voting Common Stock may, in the discretion of the Board of
Directors of the Company (the “Board of Directors” or the “Board”),
consist either in whole or in part of authorized but unissued shares of
Non-Voting Common Stock or shares of Non-Voting Common Stock held in the
treasury of the Company. Subject to the provisions of Paragraph 14, any
share of Non-Voting Common Stock underlying an option granted under this Plan
which for any reason expires, is canceled, forfeited, or is terminated
unexercised or which ceases for any reason to be exercisable, shall again
become available for the granting of options under the Plan. The Company shall
at all times during the term of the Plan reserve and keep available such number
of shares of Non-Voting Common Stock as will be sufficient to satisfy the
requirements of the Plan.

3.             Administration
of the Plan. The Plan shall be administered by the
Board of Directors or a committee of the Board of Directors that is composed
solely of two or more Non-Employee Directors as that term is defined in the
rules and regulations promulgated under Section 16(b) of the Exchange Act (the
Board of Directors and such committee being referred to collectively as the “Committee”).
A majority of the members of the Committee shall constitute a quorum, and the
acts of a majority of the members present at any meeting at which a quorum is
present, and any acts approved in writing by all members of the Committee
without a meeting, shall be the acts of the Committee.

Subject to the express provisions of the Plan
and the grant agreement referred to in Paragraph 12 hereof (the “Agreement”),
the Committee shall have the authority, in its sole discretion, to make all
determinations relating to the Plan, including, but not limited to, the right
to determine: the key employees of the Company (or its Subsidiaries),
consultants and members of the Board, who shall be granted options; the type of
option to be granted; the times when an option shall be granted; whether the
options comply with requirements of Code Section

 

409A; the number of shares of Non-Voting Common Stock to be subject to
each option; the term of each option; the date each option shall vest and
become exercisable; whether an option shall be exercisable in whole, in part or
in installments and, if in installments, the number of shares of Non-Voting
Common Stock to be subject to each installment, whether the installments shall
be cumulative, the date each installment shall become exercisable and the term
of each installment; whether to accelerate the date of exercise of any option
or installment; whether shares of Non-Voting Common Stock may be issued upon
the exercise of an option as partly paid and, if so, the dates when future
installments of the exercise price shall become due and the amounts of such
installments; the exercise price of each option; the form of payment of the
exercise price; whether to restrict the sale or other disposition of the shares
of Non-Voting Common Stock acquired upon the exercise of an option and, if so,
whether and under what conditions to waive any such restriction; whether and
under what conditions to subject all or a portion of the grant or exercise of
an option or the shares of Non-Voting Common Stock acquired pursuant to the
exercise of an option to the fulfillment of certain restrictions or
contingencies as specified in the Agreement, including without limitation,
restrictions or contingencies relating to entering into a covenant not to
compete with the Company, any of its Subsidiaries or a Parent (as defined in Paragraph
21), to financial objectives for the Company, any of its Subsidiaries or a
Parent or any of its affiliates, a division of any of the foregoing, a product
line or other category, and/or to the period of continued employment of the
optionee with the Company, any of its Subsidiaries or a Parent or any of its
affiliates, and to determine, in each case, whether such limitations,
restrictions or contingencies have been met; whether an optionee is Disabled
(as defined in Paragraph 21); the amount, if any, necessary to satisfy
the obligation of the Company, a Subsidiary or Parent to withhold taxes or
other amounts; the fair market value (as defined in Paragraph 21 hereof)
of a share of Non-Voting Common Stock; to construe the respective Agreement and
the Plan; with the consent of the optionee, to cancel or modify an option, provided,
that the modified provision is permitted to be included in an option granted
under the Plan on the date of the modification, and further, provided,
that in the case of a modification, such option as modified would be permitted
to be granted on the date of such modification under the terms of the Plan; to
prescribe, amend and rescind rules and regulations relating to the Plan; and to
make all other determinations necessary or advisable for administering the
Plan. Any controversy or claim arising out of or relating to the Plan, any
option granted under the Plan or any Agreement shall be determined unilaterally
by the Committee in its sole discretion. The determinations of the Committee on
the matters referred to in this Paragraph 3 shall be conclusive and
binding on the parties. No member or former member of the Committee shall be
liable for any action, failure to act or determination made in good faith with
respect to the Plan, any Agreement or any option hereunder.

The Company may establish
a committee of outside directors meeting the requirements of Code Section
162(m) to (i) approve the grant of options that might reasonably be anticipated
to result in the payment of employee remuneration that would otherwise exceed
the limit on employee remuneration deductible for income tax purposes by the
Company pursuant to Code Section 162(m) and (ii) administer the Plan. In such
event, the powers reserved to the Committee in the Plan shall be exercised by
such compensation committee. In addition, options

 2
 

 

under the Plan shall be
granted upon satisfaction of the conditions to such grants provided pursuant to
Code Section 162(m) and any Treasury Regulations promulgated thereunder.

It is the Company’s
intent that the options not be treated as a nonqualified deferred compensation
plan that fails to meet the requirements of Section 409A(a)(2), (3) or (4) of
the Code and that any ambiguities in construction be interpreted in order to
effectuate such intent. Options under the Plan shall contain such terms as the
Committee determines are appropriate to comply with the requirements of Section
409A of the Code. In the event that, after the issuance of an option under the
Plan, Section 409A of the Code or regulations thereunder are issued or amended,
or the Internal Revenue Service or Treasury Department issues additional
guidance interpreting Section 409A of the Code, the Committee may modify the
terms of any such previously issued option to the extent the Committee
determines that such modification is necessary to comply with the requirements
of Section 409A of the Code.

4.             Eligibility.
The Committee may from time to time, in its sole discretion, consistent with
the purposes of the Plan, grant options to (a) key employees (including
officers and managers or directors who are key employees) of the Company or any
of its Subsidiaries, (b) consultants to the Company or any of its Subsidiaries
or (c) members of the Board. Such options granted shall cover such number of
shares of Non-Voting Common Stock as the Committee may determine, in its sole
discretion, as set forth in the applicable Agreement.

5.             Non-qualified
Options. It is the Company’s intent that only
Non-qualified Stock Options, and not “incentive stock options” within the
meaning of Section 422A of the Code, be granted under the Plan and that any
ambiguities in construction be interpreted in order to effectuate such intent.
The Committee may from time to time grant to eligible participants
Non-qualified Stock Options. The options granted shall take such form as the
Committee shall determine, subject to the terms and conditions herein.

6.             Exercise
Price. The exercise price of the shares of Non-Voting
Common Stock under each option shall be determined by the Committee, in its
sole discretion, and set forth in the applicable Agreement.

7.             Term.
The term of each option granted pursuant to the Plan
shall be such term as is established by the Committee, in its sole discretion,
as set forth in the applicable Agreement; provided, however, that
the term of each option granted pursuant to the Plan shall be for a period not
exceeding 10 years from the date of grant thereof; and further, provided,
that options shall be subject to earlier termination as hereinafter provided.

8.             Exercise.
An option (or any part or installment thereof), to the
extent then exercisable, shall be exercised by giving written notice to the
Company, c/o Sun Capital Partners Management III, LP, 5200 Town Center Circle,
Suite 470, Boca Raton, Florida 33486, Attention: Marc J. Leder, Rodger R.
Krouse and C. Deryl Couch, in the form established by the Committee and
accompanied by payment in full of the aggregate exercise price therefor (a) in

 3
 

 

cash or by certified check or (b) in such other form as the Committee
may approve. The Company shall not be required to issue any shares of
Non-Voting Common Stock pursuant to any such option until all required
payments, including any required withholding, have been made and all required
actions have been taken.

A person entitled
to receive shares of Non-Voting Common Stock upon the exercise of an option
shall not have the rights of a stockholder of the Company with respect to such
stock until the date of issuance of a certificate for such shares of Non-Voting
Common Stock, or in the case of uncertificated shares of Non-Voting Common
Stock, an entry is made on the books of the Company’s transfer agent
representing such shares.

In no case may a
fraction of a share of Non-Voting Common Stock be purchased or issued under the
Plan.

9.             Termination
of Relationship.

(a)           Employees
and Consultants. Except as may otherwise be expressly provided in the
applicable Agreement, an optionee whose relationship with the Company, its
Parent or Subsidiaries as an employee or a consultant has terminated for any
reason (other than as a result of the death or Disability of the optionee) may
exercise his options, to the extent exercisable on the date of such
termination, on the date of termination or at any time on or before the 15th day of the third calendar month following the
date of termination, but not thereafter and in no event after the date the
option would otherwise have expired; provided, however, that (i)
if such relationship is terminated for Cause (as defined in Paragraph 21),
such option shall terminate on the day immediately before the date of such
termination and (ii) if such relationship is terminated without the consent of
the Company, such option shall terminate on the day of such termination. Except
as may otherwise be expressly provided in the applicable Agreement, options
granted under the Plan to an employee or consultant shall not be affected by
any change in the status of the optionee so long as the optionee continues to
be an employee of, or a consultant to, the Company, or any of the Subsidiaries
or a Parent (regardless of having changed from one to the other or having been
transferred from one corporation to another).

(b)           Board
Members. Except as may otherwise be expressly provided in the applicable
Agreement, an optionee whose relationship with the Company as a Board member
ceases for any reason (other than as a result of his death or Disability) may
exercise his options, to the extent exercisable on the date of such
termination, on the date of termination or at any time on or before the 15th day of the third calendar month following the
date of termination, but not thereafter and in no event after the date the
option would otherwise have expired; provided, however, that (i)
if such relationship is terminated for Cause, such option shall terminate on
the day immediately before the date of such termination and (ii) if such
relationship is terminated without the consent of the Company, such option
shall terminate on the day of such termination. Except as may otherwise be
expressly provided in the applicable Agreement, options granted

 4
 

 

to a Board member shall not be affected by the optionee becoming an
employee of, or consultant to, the Company, any of its Subsidiaries or a
Parent.

(c)           General.
Nothing in the Plan or in any option granted under the Plan shall confer on any
optionee any right to continue in the employ of, or as a consultant to, the
Company, any of its Subsidiaries or a Parent, or as a manager or director of
the Company, or interfere in any way with any right of the Company, any of its
Subsidiaries or a Parent to terminate the optionee’s relationship at any time
for any reason whatsoever without liability to the Company, any of its
Subsidiaries or a Parent.

10.          Death
or Disability of an Optionee.

(a)           Employees
and Consultants.

(i)            Except
as may otherwise be expressly provided in the applicable Agreement, if an
optionee dies while he is an employee of, or consultant to, the Company, any of
its Subsidiaries or a Parent, the options that were granted to him as an
employee or consultant may be exercised, to the extent exercisable on the date
of his death, by his Legal Representative (as defined in Paragraph 21)
on the date of death or at any time before the later of (A) December 31 of the
year in which the optionee dies or (B) the 15th day of the third calendar month following the
date on which the optionee dies, but not thereafter and in no event after the
date the option would otherwise have expired.

(ii)           Except as may otherwise be expressly
provided in the applicable Agreement, any optionee whose relationship as an
employee of, or consultant to, the Company, its Parent and Subsidiaries has
terminated by reason of such optionee’s Disability may exercise the options
that were granted to him as an employee or consultant, to the extent
exercisable upon the effective date of such termination, on the date of
termination or at any time before the later of (A) December 31 of the year in
which termination occurs or (B) the 15th day of the third calendar month following the
date on which termination occurs, but not thereafter and in no event after the
date the option would otherwise have expired.

(b)           Board Members. Except as may
otherwise be expressly provided in the applicable Agreement, any optionee whose
relationship as a Board member ceases as a result of his death or Disability
may exercise the options that were granted to him as a Board member, to the
extent exercisable on the date of such termination, on the date of termination
or at any time on or before the 15th day of the third calendar month following the
date of termination, but not thereafter and in no event after the date the
option would otherwise have expired. In the case of the death of the Board
member, the option may be exercised by his Legal Representative.

11.          Compliance
with Securities Laws. The Committee may require, in
its sole discretion, as a condition to the exercise of any option that either
(a) a Registration

 5
 

 

Statement under the Securities Act of 1933, as amended (the “Securities
Act”), with respect to the shares of Non-Voting Common Stock to be issued
upon such grant or exercise shall be effective and current at the time of grant
or exercise, or (b) there is an exemption from registration under the
Securities Act for the issuance of the shares of Non-Voting Common Stock upon
such grant or exercise. Nothing herein shall be construed as requiring the
Company to register the shares of Non-Voting Common Stock subject to any option
under the Securities Act or to keep any Registration Statement effective or
current.

The Committee may
require, in its sole discretion, as a condition to the receipt of an option or
the exercise of any option hereunder that the optionee execute and deliver to
the Company his representations and warranties, in form, substance and scope
satisfactory to the Committee, which representations and warranties the Committee
determines are necessary or convenient in connection with qualifying for an
exemption from the registration requirements of the Securities Act, applicable
state securities laws or satisfying other legal requirements.

In addition, if at
any time the Committee shall determine, in its sole discretion, that the
listing or qualification of the shares of Non-Voting Common Stock subject to
any option on any securities exchange or under any applicable law, or the
consent or approval of any governmental agency or regulatory body, is necessary
or desirable as a condition to, or in connection with, the granting of an
option or the issuing of shares of Non-Voting Common Stock thereunder, such
option may not be granted and such option may not be exercised in whole or in
part unless such listing, qualification, consent or approval shall have been
effected or obtained free of any conditions not acceptable to the Committee.

12.          Agreements.
Each option shall be evidenced by an appropriate
Agreement which shall be duly executed by the Company and the optionee, and
shall contain such terms, provisions and conditions not inconsistent herewith
as may be determined by the Committee. The terms of each option and Agreement
need not be identical.

13.          Adjustments
Upon Changes in Interests. Notwithstanding any other
provision of the Plan, in the event of:

(a)           A dividend, recapitalization, or a
spin-off, split-up, combination or exchange of shares of Non-Voting Common
Stock or the like which results in a change in the number or kind of shares of
Non-Voting Common Stock outstanding immediately prior to such event, the
Committee shall appropriately adjust the aggregate number and kind of shares of
Non-Voting Common Stock subject to the Plan, the aggregate number and kind of
shares of Non-Voting Common Stock subject to each outstanding option and the
exercise price thereof. Such adjustments shall be conclusive and binding on all
parties and may provide for the elimination of fractional shares of Non-Voting
Common Stock which might otherwise be subject to options without payment
therefor.

 6

 

 

(b)           A merger, consolidation, or sale by
the Company of all or substantially all of its assets, in which the Company is
not the surviving corporation, except as set forth below or in the Agreement,
the options granted hereunder as of the date of such event shall continue to be
outstanding and the optionee shall be entitled to receive in exchange therefor
an option in the surviving corporation for the same number of shares of
Non-Voting Common Stock as he would have been entitled to receive if he had
exercised the options granted hereunder immediately prior to the transaction
and actually owned the shares of Non-Voting Common Stock subject to such
option. The exercise price of the option in the surviving corporation shall be
such that the aggregate consideration for the shares of Non-Voting Common Stock
subject to the option in the surviving corporation shall be equal to the
aggregate consideration payable with respect to the option granted under the
Plan.

Notwithstanding
the foregoing, the Company shall have the right, by written notice, provided to
an optionee sent no later than 5 days prior to the proposed sale of assets,
merger or consolidation (as determined by the Board of Directors in its sole
discretion) or by inclusion in the applicable Agreement, to advise the optionee
that upon consummation of the transaction all options granted to any optionee
under the Plan and not therefore exercised (or which are not then currently
exercisable) shall terminate and be void, in which event, the optionee shall
have the right to exercise all options then currently exercisable in accordance
with the terms of the applicable Agreement within 2 days after the date of the
notice from the Company or as otherwise provided in the Agreement; provided,
however, that such proposed sale of assets, merger or consolidation also
constitutes a change in the ownership or effective control of the Company, or
in the ownership of a substantial portion of the Company’s assets, within the
meaning of Section 409A(a)(2)(A)(v) of the Code and the regulations or other
published guidance (including, without limitation, Internal Revenue Service
Notice 2005-1 and Proposed Regulation Section 1.409A-3) promulgated thereunder.

14.          Amendments
and Termination of the Plan. The Plan was adopted by
the Board of Directors as of February 2, 2006. The Board of Directors, without
further approval of the Company’s stockholders, may at any time suspend or
terminate the Plan, in whole or in part, or amend it from time to time in such
respects as it may deem advisable, including, without limitation, to comply
with any change in applicable law, regulations, rulings or interpretations of
any administrative agency; provided, however, that no amendment
for which applicable regulation related to the listing, registration or
qualification of the shares subject to the Plan upon any securities exchange or
applicable law requires stockholder approval shall be effective without the
requisite prior or subsequent stockholder approval. No termination, suspension
or amendment of the Plan shall, without the consent of the optionees holding a
majority of all options granted under the Plan (based on the number of
underlying shares of Non-Voting Common Stock issuable upon the exercise of all
such options), adversely affect their rights under any option granted under the
Plan. The power of the Committee to construe and administer any option granted
under the Plan prior to the termination or suspension of the Plan nevertheless
shall continue after such termination or during such suspension.

 7
 

 

 

15.          Non-Transferability.
No option granted under the Plan shall be transferable
other than by will or the laws of descent and distribution, and options may be
exercised, during the lifetime of the optionee, only by the optionee or his
Legal Representatives. Except to the extent provided above, options may not be
assigned, transferred, pledged, hypothecated or disposed of in any way (whether
by operation of law or otherwise) and shall not be subject to execution,
attachment or similar process, and any such attempted assignment, transfer,
pledge, hypothecation or disposition shall be null and void ab  initio
and of no force or effect.

16.          Withholding
Taxes. The Company, a Subsidiary or Parent may
withhold (a) cash, (b) shares of Non-Voting Common Stock to be issued upon
exercise of an option having an aggregate fair market value on the relevant
date, or (c) any combination thereof, in an amount equal to the amount which
the Committee determines is necessary to satisfy the obligation of the Company,
a Subsidiary or Parent to withhold Federal, state and local income taxes or
other amounts incurred by reason of the grant, vesting, exercise or disposition
of an option, or the disposition of the underlying shares of Non-Voting Common
Stock. Alternatively, the Company may require the holder to pay to the Company
such amount, in cash, promptly upon demand.

The Company may
require, as a condition to any grant or exercise under the Plan, that the
grantee make provision for the payment to the Company of federal, state or
local taxes of any kind required by law to be withheld with respect to any
grant, vesting, exercise or disposition of any option. Participants shall be
required to indemnify or reimburse the Company with respect to any federal,
state or local taxes of any kind that the Company is required by law to
withhold with respect to any grant, vesting, exercise or disposition of any
option, to the extent the Company does not or cannot withhold such amount.
Without limiting the generality of the foregoing, the Company, to the extent
permitted or required by law, shall have the right to deduct from any
payment(s) of any kind (including salary or bonus) otherwise due to a grantee,
a total amount not to exceed the amount of any federal, state or local taxes of
any kind required by law to be withheld with respect to any grant, vesting,
exercise or disposition of any option.

17.          Legends;
Payment of Expenses. The Company may endorse such
legend or legends upon the certificates for shares of Non-Voting Common Stock
issued upon exercise of an option under the Plan and may issue such “stop
transfer” instructions to its transfer agent in respect of such shares as it
determines, in its discretion, to be necessary or appropriate to (a) prevent a
violation of, or to qualify for an exemption from, the registration
requirements of the Securities Act and any applicable state securities laws, or
(b) implement the provisions of the Plan or any agreement between the Company
and the optionee with respect to such shares of Non-Voting Common Stock. Each
optionee may, in the Committee’s discretion, be required either to execute a
stockholders’ agreement as a condition to receiving a grant of options
hereunder or to exercising any options granted hereunder.

 8
 

 

The Company shall pay all issuance taxes with
respect to the issuance of shares of Non-Voting Common Stock upon the exercise
of an option granted under the Plan, as well as all fees and expenses incurred
by the Company in connection with such issuance.

18.          Use
of Proceeds. The cash proceeds received upon the
exercise of an option under the Plan shall be added to the general funds of the
Company and used for such corporate purposes as the Board of Directors may
determine.

19.          Substitutions
and Assumptions of Options of Certain Constituent Corporations. Anything
in this Plan to the contrary notwithstanding, the Board of Directors may,
without further approval by the stockholders, substitute new options for prior
options of a Constituent Corporation (as defined in Paragraph 21) or
assume the prior options of such Constituent Corporation; provided, however,
that no substitution or assumption for which applicable regulation or
applicable law requires stockholder approval shall be effective without the
requisite prior or subsequent stockholder approval.

20.          Right
of First Refusal; Right to Repurchase.

(a)           The Company shall have a right of
first refusal with respect to any proposed sale or other disposition by
optionees (and their successors in interest by purchase, gift or other mode of
transfer) of any shares of Non-Voting Common Stock issued to them under the
Plan which are transferable. This right of first refusal shall be exercisable
by the Company in accordance with terms and conditions established by the
Committee.

(b)           In the case of any optionee whose
employment or service terminates for any reason (including, without limitation,
death, Disability, retirement, voluntary resignation or termination, or
involuntary termination with or without Cause), except as otherwise provided in
any Agreement, the Company shall have a right, exercisable at any time and from
time to time after such termination, to repurchase from the optionee (or any
successor in interest by purchase, gift or other mode of transfer) all (but not
less than all) shares of Non-Voting Common Stock issued to the optionee under
the Plan. If either (i) the optionee’s employment or service was terminated for
Cause or (ii) in the Committee’s determination, the optionee has taken any
action prior to or following his termination of employment or service which
would have constituted grounds for a termination for Cause, then such
repurchase shall be made at the purchase price paid by the optionee for such
shares of Common Stock (or if lower, the Fair Market Value of such shares of
Common Stock at the time of repurchase). In all other instances, such
repurchase shall be made at the Fair Market Value of the shares of Non-Voting
Common Stock at the time of repurchase. This right to repurchase shall be
exercisable by the Company at any time within one hundred eighty (180) days
after the termination of such optionee’s employment or service with the Company
for any reason (including, without limitation, death, Disability, retirement,
voluntary resignation or termination, or involuntary termination with or
without Cause) by: (i) giving written notice of such repurchase to such

 9
 

 

optionee, (ii) tendering
payment of the purchase price of such shares of Non-Voting Common Stock to such
optionee within thirty (30) days of the delivery of such written notice and (iii)
complying with such other terms and conditions established by the Committee.

21.          Definitions.
For purposes of the Plan, the following terms shall be
defined as set forth below:

(a)           “Board” or “Board of Directors” shall
mean the Board of Directors of the Company.

(b)           “Cause” shall mean (i) in the case of
an employee or consultant, if there is a written employment or consulting
agreement between the optionee and the Company, any of its Subsidiaries or a
Parent which defines termination of such relationship for cause, “cause” as
defined in such agreement, and (ii) in the absence of such agreement, (A)
conviction of the employee or consultant of any felony, or the conviction of
the employee or consultant of a misdemeanor which involves moral turpitude, or the
entry by the employee or consultant of a plea of guilty or nolo
contendere with respect to any of the foregoing, (B) the commission
of any act or failure to act by such employee or consultant that involves moral
turpitude, dishonesty, theft, destruction of property, fraud, embezzlement or
unethical business conduct, or that is otherwise injurious to the Company or
any of its affiliates, whether financially or otherwise, (C) any violation by
such employee or consultant of any rule or policy of the Company or any of its
affiliates, (D) any violation by such employee or consultant of the
requirements of any other contract or agreement between the Company (or any of
its affiliates) and such employee or consultant, and the failure of such
employee or consultant to cure such violation within ten (10) days after
receipt of written notice from the Company or (E) any failure by the employee
to abide by any directive of the Board or an officer to whom the employee
reports; in each case, with respect to subsections (A) through (E), as
determined in good faith by the Board of Directors of the Company in the
exercise of its reasonable business judgment.

(c)           “Code” shall mean the Internal
Revenue Code of 1986, as amended, and any successor thereto.

(d)           “Common Stock” means the shares of
Voting Common Stock and Non-Voting Common Stock.

(e)           “Constituent Corporation” shall mean
any corporation which engages with the Company, any of its Subsidiaries or a
Parent in a transaction to which Section 424(a) of the Code applies, or any
Parent, Subsidiary or affiliate of such corporation.

(f)            “Disabled” or “Disability” shall
mean a permanent and total disability within the meaning of Section 22(e)(3) of
the Code.

 10
 

 

 

(g)           “Exchange Act” shall mean the
Securities Exchange Act of 1934, as amended, and any successor thereto.

(h)           “Fair Market Value” shall mean as of
any applicable date, (i) if the principal securities market on which the
Non-Voting Common Stock is traded is a national securities exchange, The Nasdaq
National Market (“NNM”) or The Nasdaq SmallCap Market (“NSM”), the closing
price of the Non-Voting Common Stock on such exchange, the NNM or the NSM, as
the case may be, as of the applicable date, or if no sale of the Non-Voting
Common Stock shall have occurred on such date, on the next preceding date on
which there was a reported sale; (ii) if the principal securities market on
which the Non-Voting Common Stock is traded is not a national securities
exchange, the NNM or the NSM, the average of the bid and asked prices reported
by the National Quotation Bureau, Inc.; (iii) if not reported by the National
Quotation Board, the closing price of a share of Non-Voting Common Stock on the
date of grant as reported on the OTC Bulletin Board; or (iv) if the price of
the Non-Voting Common Stock is not so reported, the Board of  Directors’ good faith determination of the
fair value of one share of Non-Voting Common Stock as of the applicable
reference date, which determination shall be consistent with the requirements
of Section 422(c) of the Code.

(i)            “Legal Representative” shall mean
the executor, administrator or other person who at the time is entitled by law
to exercise the rights of a deceased or incapacitated optionee with respect to
an option granted under the Plan.

(j)            “Non-qualified Stock Option” means
any stock option other than an incentive stock option as defined in Section 422
of the Code and any successor thereto.

(k)           “Non-Voting Common Stock” means the
shares of Non-Voting Common Stock of the Company, par value $0.001 per share.

(l)            “Parent” shall have the same
definition as “parent corporation” in Section 424(e) of the Code.

(m)          “Subsidiary” shall have the same
definition as “subsidiary corporation” in Section 424(f) of the Code.

(n)           “Voting Common Stock” means the
shares of Voting Common Stock of the Company, par value $0.001 per share.

22.          Governing
Law; Construction. The Plan, the options and any
Agreement hereunder and all related matters shall be governed by, and construed
in accordance with, the laws of the State of Delaware, without regard to
conflict of law provisions.

Neither the Plan
nor any Agreement shall be construed or interpreted with any presumption
against the Company by reason of the Company causing the Plan or Agreement

 11
 

 

to be drafted. Whenever
from the context it appears appropriate, any term stated in either the singular
or plural shall include the singular and plural, and any term stated in the
masculine, feminine or neuter gender shall include the masculine, feminine and
neuter.

23.          Partial
Invalidity. The invalidity, illegality or
unenforceability of any provision in the Plan, any option or Agreement shall
not affect the validity, legality or enforceability of any other provision, all
of which shall be valid, legal and enforceable to the fullest extent permitted
by applicable law.

 12Exhibit 10.9

Indalex Holdings Finance, Inc.
Stock Option

Grant
Agreement

This Grant Agreement,
dated as of              ,
2006 (the “Effective Date”), evidences the grant of an option pursuant to the
provisions of the 2006 Stock Option Plan (the “Plan”) of Indalex Holdings
Finance, Inc. (the “Company”) to the individual whose name appears below (the
“Optionee”), covering the specific number of shares of Non-Voting Common Stock
(the “Shares”) set forth below and on the following terms and conditions:

1.             Name of the Optionee:

2.             Number of Shares subject to this
option:

3.             Exercise price per Share subject to
this option:   $      

4.             Date of grant of this option:

5.             Type of option: Non-qualified
Option

6.                                       Vesting:

a.               Except as
otherwise expressly provided in Section 6 b. hereof, 20% of the total number of
Shares subject to this option shall vest as of                
of each year (commencing on the first such date occurring after the Effective
Date and ending on the fifth such date occurring after the Effective Date).

b.              Notwithstanding anything to the contrary
contained in Section 6 a. hereof, 100% of the total number of Shares subject to
this option shall vest immediately prior to the consummation of a Change in
Control (as defined in Section 6 d. below) in connection with which the
consideration paid to the Company or to its stockholders, as the case may be,
consists primarily of cash (as determined by the Board of Directors in its sole
discretion).

c.               Notwithstanding anything to the contrary
contained herein, (i) this option shall not be exercisable, and shall be void
and of no further force and effect, (x) after the expiration of the option
term, (y) on and after the start of the date on which the Optionee’s employment
terminates for Cause (as defined in the Plan), and (z) on and after the start
of the date on which the Optionee breaches or violates any of the terms or
provisions hereof, including without limitation any provision of Annex A
hereto, (ii) except as provided in Section 7 below, this option shall be
exercisable only if the Optionee is, at the time of exercise, an employee of
the Company or one of its subsidiaries, (iii) except as provided in Section 13
of the Plan, this option shall in no event be exercisable for more than the
total number of Shares provided for in Section 2 hereof and (iv) vesting shall
cease immediately upon termination of employment for any reason, and any
portion of this option that has not vested on or prior to the date of such
termination is forfeited on such date. Once vesting has occurred, the vested
portion can be exercised at the time or times specified in Section 7 below.

d.              For
purposes of this Section 6, “Change in
Control” shall mean (i) any consolidation, merger or other transaction in which
the Company is not the surviving entity or which results in the acquisition of
all or substantially all of the Company’s outstanding shares of Common Stock by

 

a single person or entity or by a group of
persons or entities acting in concert or (ii) any sale or transfer of all or
substantially all of the Company’s assets (excluding, however, for this purpose
any real estate “sale-lease back” transaction); provided, however,
that the term “Change in Control” shall not include transactions either (x)
with affiliates of the Company or Sun Capital Partners, Inc. (“Sun”) (as
determined by the Board of Directors in its sole discretion) or (y) pursuant to
which more than fifty percent (50%) of the shares of voting stock of the
surviving or acquiring entity is owned and/or controlled (by agreement or
otherwise), directly or indirectly, by Sun or its affiliates; provided, further,
that a transaction shall not constitute a Change in Control unless the
transaction also constitutes a change in the ownership or effective control of
the Company, or in the ownership of a substantial portion of the Company’s
assets, within the meaning of Section 409A(a)(2)(A)(v) of the Code and the
regulations or other published guidance (including, without limitation,
Internal Revenue Service Notice 2005-1 and Proposed Regulation Section
1.409A-3) promulgated thereunder.

7.                                       The vested portion of this option can be
exercised only until the earliest of the following dates:

a.                                
[TEN YEAR ANNIVERSARY OF THE EFFECTIVE DATE];

b.              the date of the consummation of a Change in
Control; or

c.               the date on which the Optionee’s employment
terminates; provided that if the Optionee’s termination of employment (i) is
not voluntary (other than a termination for Cause), then any portion of the
option exercisable pursuant to this Section 7(c) may also be exercised after
the date of termination but on or before the 15th day of the third calendar month following the
date of termination or (ii) is due to death or Disability (as defined in the
Plan), then any portion of the option exercisable pursuant to this Section 7(c)
may also be exercised after the date of termination but on or before the later
of (A) December 31 of the year in which the Optionee’s employment terminates or
(B) the 15th day of
the third calendar month after  the date
on which the Optionee’s employment terminates; provided further that, except in
the case of termination due to death or Disability, if the Optionee is a “specified
employee” as defined in Section 409A(a)(2)(B)(i) of the Code, then the option
shall instead be exercisable on the date that is six months after the date of
termination (or, if earlier, death of the Optionee).

8.                                       The permitted
exercise events specified in Section 7 are intended to comply with the
provisions of Section 409A(a)(2) of the Internal Revenue Code of 1986, as
amended (the “Code”). The Company may reduce or expand the period of time
following an event in which the vested portion of the option may be exercised
if Internal Revenue Service guidance specifies that such a reduction is required
or that such an expansion is permitted under the provisions of Code Section
409A(a)(2). In addition, the Company may make any other changes to this Grant
Agreement it determines are necessary to comply with the provisions of Code
Section 409A(a)(2) without the consent of the Optionee.

9.                                       The Optionee agrees to abide by
the covenants and agreements set forth in Annex A hereto and incorporated by
reference herein, and acknowledges that the option being granted herein
constitutes adequate and sufficient consideration in support of such covenants
and agreements.

10.                                 The Optionee hereby acknowledges,
understands, and agrees that by signing this Grant Agreement, the Optionee
voluntarily and irrevocably forfeits any and all rights, title, and interests
the Optionee has or may have had in, to and under (a) any option agreement,

 

option letter, or other similar
document pursuant to which the Company (or any Subsidiary or affiliate thereof)
may have previously granted, or offered to grant, options in the Company (or
any Subsidiary or affiliate thereof) to the Optionee and (b) any oral or
written commitment or promise regarding options that the Company (or any
Subsidiary or affiliate thereof) may have made to the Optionee, except as to
any options that have been previously exercised and paid for by the Optionee.

11.                                 If the Optionee is entitled to exercise the
vested portion of this option, and wishes to do so, in whole or in part, the
Optionee shall submit to the Company a notice of exercise, in the form attached
as Annex B hereto, specifying the exercise date and the number of Shares to be
purchased pursuant to such exercise, and shall remit to the Company in a form
satisfactory to the Company (in its sole discretion) the exercise price, plus
an amount sufficient to satisfy any withholding tax obligations of the Company
that arise in connection with such exercise (as determined by the Company).

12.                                 The Optionee hereby acknowledges receipt of a
copy of the Plan attached hereto as Annex C as presently in effect. Except as
otherwise provided in this Grant Agreement, all of the terms and conditions of
the Plan are incorporated herein by reference (including, without limitation,
the repurchase provisions of Paragraph 20 of the Plan) and this option is
subject to such terms and conditions in all respects. Capitalized terms that
are used but not otherwise defined herein shall have the meanings given to such
terms in the Plan. This Grant Agreement and the Plan constitute the entire
agreement of the parties with respect to the subject matter hereof, and
supersede any prior written or oral agreements.

13.                                 Except
as otherwise provided herein and notwithstanding anything to the contrary in
the Plan, any provision of this Grant Agreement may be amended or waived with
the prior written consent of the Company and either (i) the Optionee or (ii)
the Plan participants who have been granted options to purchase a majority of
the options under the Plan (based on the number of underlying shares of
Non-Voting Common Stock issuable upon the exercise of all such options)
theretofore granted under the Plan (unless the Optionee will be treated in a
manner different from other Plan participants, in which case the Optionee’s
written consent will also be required).

14.                                 The Optionee hereby acknowledges, agrees and
confirms that, upon his or her exercise of this option, the Optionee will be
deemed to be a party to the Stockholders’ Agreement attached hereto as Annex D
and shall have all of the rights and obligations of the “Minority Stockholders”
thereunder as if the Optionee had executed the Stockholders’ Agreement. The
Optionee hereby ratifies, as of the date hereof, and agrees to be bound by, all
of the terms, provisions and conditions contained in the Stockholders’
Agreement.

 

 

Nothing in the Plan or
this Grant Agreement shall confer upon the Optionee any right to continue in
the employ of the Company or any of its Subsidiaries or affiliates, or
interfere in any way with any right of the Company or any of its Subsidiaries
or affiliates to terminate such employment at any time for any reason
whatsoever (whether for cause or without cause) without liability to the
Company or any of its Subsidiaries or affiliates.

	
  Accepted and Agreed:

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Indalex Holdings Finance, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
  Signature of
  Optionee

  	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  	
   

  
							

 

 

 

Attachments:        Annex
A (Covenants and Agreements of Optionee)

Annex
B (Form of Exercise Notice)

Annex
C (The Plan)

Annex D (Stockholders’ Agreement)

 

ANNEX A

COVENANTS AND AGREEMENTS OF OPTIONEE

1.             Optionee acknowledges the time and
expense incurred by the Company in connection with developing proprietary and
confidential information in connection with the Company’s business and
operations. Optionee agrees that Optionee will not, whether during Optionee’s
service as an employee of Sun Capital Partners, Inc. or its affiliates (“Sun
Capital”) or the Company or its Subsidiaries or at any time thereafter,
divulge, communicate, or use to the detriment of Sun Capital or the Company and
their respective affiliates (the “Group”) or any other person, firm or entity,
confidential information or trade secrets relating to any member of the Group,
including, without limitation, business strategies, operating plans,
acquisition strategies (including the identities of (and any other information
concerning) possible acquisition candidates), financial information, market
analyses, acquisition terms and conditions, personnel information, know-how,
customer lists and relationships, supplier lists and relationships, or other
non-public proprietary and confidential information relating to any member of
the Group. The foregoing confidentiality agreement shall not apply if Optionee
can show that the communication (i) is required in the course of performing
Optionee’s duties as an employee of Sun Capital or the Company or its
Subsidiaries, (ii) is made with the Board of Directors’ written consent, (iii)
relates to information that is or becomes generally known by the public other
than as a result of a breach hereof, or (iv) is required by law or judicial or
administrative process.

2.             During Optionee’s service as an employee of Sun Capital
or the Company or its Subsidiaries and for the two-year period thereafter,
Optionee shall not, to the detriment of any member of the Group, directly or
indirectly, for Optionee or on behalf of any other person, firm or entity,
employ, engage, retain, solicit,
recruit or enter into a business affiliation with any person who is an employee
of any member of the Group, or attempt to persuade any such person to terminate
such person’s employment with any member of the Group, whether or not such
person is a full-time employee or whether or not such employment is pursuant to
a written agreement or at-will.

3.             During Optionee’s service as an employee of the Company
or its Subsidiaries and for the two-year period thereafter, Optionee shall not,
to the detriment of the Company or its Subsidiaries, directly or indirectly,
for Optionee or on behalf of any other person, firm or entity, solicit or
otherwise attempt to take away any supplier, vendor, or customer of any member
of the Group who Optionee solicited or did business with on behalf of the
Company or its Subsidiaries or with whom Optionee otherwise became acquainted
as a result of Optionee’s employment with the Company or its Subsidiaries.

4.             During Optionee’s service as an
employee of the Company or its Subsidiaries and for the two-year period
thereafter, Optionee shall not, directly or indirectly, engage in, or serve as
a principal, partner, joint venturer, member, manager, trustee, agent,
stockholder, director, officer or employee of, or advisor to, or in any other
capacity, or in any manner, own, control, manage, operate, or otherwise
participate, invest, or have any interest in, or be connected with, any person,
firm or entity that engages in any activity which competes directly or
indirectly with any business of the Company or its subsidiary or parent
companies (collectively, the “Company Business”) anywhere in the United States
of America or any other country in which the Company Business was conducted or
related sales were effected during the preceding two years. THIS PARAGRAPH 4
WILL NOT APPLY AND WILL NOT BE ENFORCED BY THE COMPANY WITH RESPECT TO
POST-TERMINATION ACTIVITY BY OPTIONEE THAT OCCURS IN CALIFORNIA OR IN ANY OTHER
STATE IN WHICH THIS PROHIBITION IS NOT ENFORCEABLE UNDER APPLICABLE LAW.

5.             Whether during or after the term of Optionee’s
employment or service, Optionee shall not disparage,

 

defame or discredit any
member of the Group or engage in any activity which would have the effect of
disparaging, defaming or discrediting any member of the Group, nor shall
Optionee interfere with or disrupt the business activities of any member of the
Group, or engage in any activity which would have the effect of interfering
with or disrupting the business activities of any member of the Group; provided,
however, that nothing in this Paragraph 5 or elsewhere in this Annex
shall prevent Optionee from engaging in “whistle-blowing” or other activities
expressly protected by applicable law, to the extent so protected.

6.             Optionee acknowledges that Optionee’s service as an
employee of Sun Capital or the Company or its Subsidiaries, as the case may be,
and the agreements herein are reasonable and necessary for the protection of
Sun Capital and the Company and its Subsidiaries and are an essential
inducement to the Company’s grant of the Option. Accordingly, Optionee shall be
bound by the provisions hereof to the maximum extent permitted by law, it being
the intent and spirit of the parties that the foregoing shall be fully
enforceable. However, the parties further agree that, if any of the provisions
hereof shall for any reason be held to be excessively broad as to duration,
geographical scope, property or subject matter, such provision shall be
construed by limiting and reducing it so as to be enforceable to the extent
compatible with the applicable law as it shall herein pertain.

7.             Optionee acknowledges that the services to be rendered
by Optionee to the Company or its Subsidiaries are of a unique nature and that
it would be difficult or impossible to replace such services and that by reason
thereof Optionee agrees and consents that if Optionee violates the provisions
of this Annex, Sun Capital and the Company, in addition to any other rights and
remedies available under this Contract or otherwise, shall be entitled to an
injunction to be issued or specific performance to be required restricting
Optionee from committing or continuing any such violation.

 

ANNEX B

Stock Option
Plan of Indalex Holdings Finance, Inc.

Notice of Exercise of Stock Option

1.             Exercise of Option. Pursuant
to the 2006 Stock Option Plan of Indalex Holdings Finance, Inc. (the “Plan”)
and my agreement with Indalex Holdings Finance, Inc. (the “Company”) dated
                    
(the “Grant Agreement”), I hereby elect to exercise my nonqualified stock
option (the “Option”) to the extent of
                    
shares of Non-Voting Common Stock of the Company (the “Shares”).

2.             Delivery of
Payment. I hereby deliver to the Company a cashier’s check in the amount of
$                    
in full payment of the purchase price of the Shares [determined by multiplying
(a) the exercise price per Share as set forth in my Grant Agreement, by (b) the
number of Shares as to which I am exercising the Option] and in satisfaction of
my obligation to remit to the Company an amount sufficient to satisfy any
withholding tax obligations of the Company that arise in connection with this
exercise, or through such other payment method agreed to by the Company and
permitted under the terms of the Plan.

3.             Representations.
In connection with my exercise of the Option, I hereby represent to the Company
as follows:

(a)           I am acquiring the
Shares solely for investment purposes, with no present intention of
distributing or reselling any of the Shares or any interest therein. I
acknowledge that the Shares have not been registered under the Securities Act
of 1933, as amended (the “Securities Act”).

(b)           I am aware of the
Company’s business affairs and financial condition and have acquired sufficient
information about the Company to reach an informed and knowledgeable decision
to acquire the Shares.

(c)           I understand that
the Shares are “restricted securities” under applicable U.S. federal and state
securities laws and that, pursuant to these laws, I must hold the Shares
indefinitely unless they are registered with the Securities and Exchange
Commission and qualified by state authorities, or unless an exemption from such
registration and qualification requirements is available. I acknowledge that
the Company has no obligation to register or qualify the Shares for resale. I
further acknowledge that if an exemption from registration or qualification is
available, it may be conditioned on various requirements including, but not
limited to, the time and manner of sale, the holding period for the Shares, and
requirements relating to the Company which are outside of my control, and which
the Company is under no obligation to and may not be able to satisfy.

(d)           I understand that
there is no public market for the Shares, that no market may ever develop for
them, and that the Shares have not been approved or disapproved by the
Securities and Exchange Commission or any other federal, state or other
governmental agency.

(e)           I understand that
the Shares are subject to certain restrictions on transfer set forth in the
Plan. Both the Plan and the Grant Agreement are incorporated herein by
reference.

(f)            I understand that
any Shares purchased hereunder shall be subject to the Stockholders’ Agreement
of the Company dated as of February 2, 2006, as it may be amended from time to
time (“Stockholders’ Agreement”), a copy of which has been provided to me, and
that it is a condition to

 

the
exercise of my Option that I execute the attached signature page of the
Stockholders’ Agreement, agreeing to be bound thereby. I have had a full and
fair opportunity to review the Stockholders’ Agreement prior to exercising the
Option.

(g)           I understand that
the certificate representing the Shares will be imprinted with the following
legends:

THE SHARES EVIDENCED BY THIS CERTIFICATE HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE
SECURITIES LAW AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR HYPOTHECATED
UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT COVERING
SUCH SECURITIES OR THE COMPANY RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER OF
THE SECURITIES, REASONABLY SATISFACTORY TO THE COMPANY, STATING THAT SUCH SALE,
TRANSFER, ASSIGNMENT OR HYPOTHECATION IS EXEMPT FROM THE REGISTRATION AND
PROSPECTUS DELIVERY REQUIREMENTS OF SUCH ACT AND APPLICABLE STATE SECURITIES
LAWS.

THE SECURITIES REPRESENTED BY THIS
CERTIFICATE ARE SUBJECT TO A RIGHT OF FIRST REFUSAL AND A REPURCHASE RIGHT IN
FAVOR OF THE COMPANY OR ITS ASSIGNEE AS SET FORTH IN THE COMPANY’S STOCK OPTION
PLAN. SUCH RIGHT OF FIRST REFUSAL AND REPURCHASE RIGHT ARE BINDING ON
TRANSFEREES OF THE SHARES REPRESENTED BY THIS CERTIFICATE.

THIS CERTIFICATE AND THE SECURITIES REPRESENTED HEREBY ARE HELD SUBJECT
TO THE TERMS, COVENANTS AND CONDITIONS OF A STOCKHOLDERS’ AGREEMENT DATED AS OF
FEBRUARY 2, 2006, AS SUCH AGREEMENT MAY BE AMENDED, BY AND AMONG THE
STOCKHOLDERS OF INDALEX HOLDINGS FINANCE, INC., AND MAY NOT BE TRANSFERRED OR
DISPOSED OF EXCEPT IN ACCORDANCE WITH THE TERMS AND PROVISIONS THEREOF. A COPY
OF SAID AGREEMENT AND ALL AMENDMENTS THERETO IS ON FILE AND MAY BE INSPECTED AT
THE PRINCIPAL EXECUTIVE OFFICES OF THE COMPANY.

(h)           I have consulted my
own tax advisors in connection with my exercise of this Option and I am not
relying upon the Company for any tax advice.

(i)            I am presently an
employee of the Company.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

 

	
  

  	
   

  	
  Submitted by the Optionholder:

  
	
   

  	
   

  	
   

  
	
  Date:

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Print Name:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Address:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Social Security
  No.

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Received and
  Accepted by the Company:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Indalex Holdings
  Finance, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Print Name:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  	
   

  
													

 

Note:  If
options are being exercised on behalf of a deceased Plan participant, then this
Notice must be signed by such participant’s personal representative and must be
accompanied by a certificate issued by an appropriate authority evidencing that
the individual signing this Notice has been duly appointed and is currently
serving as the participant’s personal representative under applicable local law
governing decedents’ estates.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}]]