Document:

Prepared by MERRILL CORPORATION

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Exhibit 4.24    
  

 
 

RECONVEYANCE AND RELEASE AGREEMENT    
  

    This RECONVEYANCE AND RELEASE AGREEMENT (this "Agreement") is entered into as of February 8, 2001, among
Bank of America, N.A. (as successor in interest to NationsBank, N.A.), as the Agent ("the Agent"), Enterprise Funding Corporation
("Enterprise"), a Delaware corporation, UNOVA, Inc., a Delaware corporation ("UNOVA") and KCH
Funding, L.L.C., a Delaware limited liability company ("KCH"). Unless otherwise defined herein, capitalized terms used herein have the meanings assigned
to them in the Transfer and Administration Agreement dated as of June 18, 1999, among the Agent, KCH, UNOVA and Enterprise (as such agreement may have been amended from time to time, the
"Transfer Agreement"). 

WITNESSETH:  

    WHEREAS, KCH has conveyed, transferred or assigned certain Receivables, Related Security, Collections and Proceeds with respect thereto (collectively, the
"Transferred Assets") to the Agent from time to time pursuant to the Transfer Agreement; 

    WHEREAS,
KCH desires to have the Agent convey, transfer and assign all of the Agent's rights, title and interest in and to the Transferred Assets to KCH; 

    WHEREAS,
the Agent desires to convey, transfer and assign all of the Agent's rights, title and interest in and to the Transferred Assets to KCH; and 

    WHEREAS,
KCH, the Agent, UNOVA. and Enterprise desire that the Transfer Agreement be terminated in accordance with Section 10.1
of the Transfer Agreement on February 8, 2000 (the "Termination Date"); 

    NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as
follows: 

    Section 1.  Conveyance, Transfer and Assignment Of Transferred Assets.  

    (a) On
the Termination Date, and on the terms and subject to the conditions of this Agreement, the Agent hereby agrees to convey, transfer and assign, and KCH hereby
agrees to accept such conveyance, transfer and assignment of all of the Agent's rights, title and interest in and to the Transferred Assets. This transfer is made without representations, warranties
or recourse, except that the Agent represents and warrants that the Agent has not created any Adverse Claim upon the Transferred Assets. On the Termination Date, KCH shall pay, or cause to be paid, to
the Agent an amount equal to the Aggregate Unpaids under the Transfer Agreement in immediately available funds. This amount shall be $90,534,694.82 (the "Transfer
Price") if received by the Agent by 1:00 p.m. (Eastern Standard Time) on the Termination Date. The Transfer Price shall be deemed to be paid when received by the Agent
at Bankers Trust Company, for the Account of BTCO as Depository for EFC, Account Number 00-362-917, ABA number 021-001-033, Reference: Enterprise
Funding—KCH Funding LLC, Attn: Boris Treygar. If the Transfer Price is not received on the Termination Date as set forth in this Section 1(a), the Transfer Price shall be adjusted
to include an amount equal to Discount for such Termination Date on all outstanding Tranche Periods to which the Net Investment is allocated including all Related Commercial Paper. 

    (b) Upon
payment of the Transfer Price in the manner required in paragraph (b) above, the Agent shall have conveyed, transferred and assigned to KCH, in exchange
for the Transfer Price, all of the Agent's right, title and interest in and to the Transferred Assets. The Agent hereby acknowledges that, upon payment of the Transfer Price, any and all Transferred
Assets are 

1

 

Transferred Assets in which the Agent has no interest, and, subject to the survival of Section 9.5 of the Transfer Agreement and the survival of
certain of its other provisions which are expressly set forth in Section 10.1 of such Transfer Agreement, all Aggregate Unpaids shall have been
paid in full. 

    (c) Subject
to (i) the payment of the Transfer Price in the manner required in paragraph (b) above, and (ii) the understanding and agreement that
the provisions of Section 9.5 of the Transfer Agreement and certain of its other provisions which are expressly set forth in  Section 10.1 of the
Transfer Agreement shall survive the termination of the Transfer Agreement, KCH, UNOVA, Enterprise and the Agent hereby
terminate the Transfer Agreement. 

    Section 2.  Covenants of the Agent.  The Agent hereby covenants that: 

    (a) all
security interests, liens or other right, title or interest in and to the Transferred Assets created by it shall be terminated or released and shall be of no
further force and effect as of the Termination Date; and 

    (b) it
shall execute and deliver, at the expense of KCH and UNOVA, (i) all financing statements that may be necessary to (x) evidence the Agent's
transfer, conveyance, assignment of all of the Agent's rights, title and interest in and to the Transferred Assets and (y) release the Agent's rights, title and interest therein and
(ii) all notices that may be necessary to terminate any Lock-Box Agreement to which it is a party. If the Agent receives any Collections on or after the Termination Date, it shall
deposit or cause to be deposited, all such Collections to Bank of America, N.A. account number 1257725321 ABA number 121000358 Reference: UNOVA, Inc. not later than one Business Day after
receipt thereof. 

    Section 3.  Miscellaneous.  

    (a)  Entire Agreement.  This Agreement sets forth the final and complete integration of all prior
expressions by the parties hereto with respect to the subject matter hereof and shall constitute the entire agreement among the parties hereto with respect to the subject hereof superceding all prior
oral or written understandings. 

    (b)  Amendments.  No alteration, amendment, change or addition to this Agreement shall be binding upon
either party unless in writing and signed by the party to be charged. 

    (c)  Successors.  Each and all of the provisions of this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns. 

    (d)  Captions.  The captions and section numbers appearing in this Agreement are inserted only as a
matter of convenience. They do not define, limit, construe or describe the scope or intent of the provisions of this Agreement. 

    (e)  Governing Law.  This Agreement shall be governed and construed by the provisions hereof and in
accordance with the laws of the State of New York. 

    (f)  Counterparts.  This Agreement may be executed in counterparts, each of which when executed by the
parties shall be deemed the same Agreement. 

[Signatures
appear on the following page] 

2

 

    IN WITNESS WHEREOF, the parties have caused this Reconveyance and Release Agreement to be executed by their respective officers thereunto duly authorized, as of the date first written
above. 

	 	 	BANK OF AMERICA, N.A.

(as successor in interest to NationsBank, N.A.), as the Agent
	

 	
 	

By:	
 	

/s/ JOHN K. SVOLOS   
 Name: John K. Svolos

Title; Vice President
	

 	
 	
KCH FUNDING, L.L.C.
	

 	
 	

By:	
 	

/s/ ELMER C. HULL JR.   
 Name: Elmer C. Hull Jr.

Title: Vice President and Treasurer
	

 	
 	
UNOVA, INC.
	

 	
 	

By:	
 	

/s/ ELMER C. HULL JR.   
 Name: Elmer C. Hull Jr.

Title: Vice President and Treasurer
	

 	
 	
ENTERPRISE FUNDING CORPORATION
	

 	
 	

By:	
 	

/s/ ANDREW L. STIDD   
 Name: Andrew L Stidd

Title: President

3

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Exhibit 4.24

RECONVEYANCE AND RELEASE AGREEMENTPrepared by MERRILL CORPORATION

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EXHIBIT 10.32    
  

AMENDMENT, dated as of March 19, 2001 (this "Amendment"), among Euramax
International Inc., a Delaware corporation ("Euramax U.S."), the other Loan Parties party to the Credit Agreement referred to below, each of the
Majority Lenders (as defined in the Credit Agreement referred to below) party hereto and the Swing Loan Lender referred to below and BNP Paribas (formerly Banque Paribas), as agent (in such capacity,
the "Agent") for the Lenders, the Swing Loan Lender and the Issuer, to the Amended and Restated Credit Agreement, dated as of July 16, 1997, as
amended (said Agreement, as so amended and as the same may be further amended, supplemented or otherwise modified from time to time, being the "Credit
Agreement", and the terms defined therein being used herein as therein defined unless otherwise defined herein), among Euramax U.S., the other Loan Parties party thereto, the
financial institutions party thereto as lenders (the "Lenders"), the Swing Loan Lender referred to therein, the Issuer referred to therein and the
Agent. 

W I T N E S S E T H:  

WHEREAS, the Loan Parties have requested that certain definitions and financial covenants in the Credit Agreement be amended and that the Credit
Agreement be amended to allow the Loan Parties to engage in certain commodity options transactions; and 

WHEREAS, the Loan Parties, the Majority Lenders party hereto and BNP Paribas, as Swing Loan Lender and Agent, are willing to agree to such amendments,
subject to the terms and conditions hereinafter set forth; 

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties hereto hereby agree as follows: 

The
Credit Agreement is hereby amended as follows: 

	(a)
	Amendments to Section 1.1 of the Credit Agreement. (i) Section 1.1 of the Credit Agreement is amended by
deleting the definitions of "Applicable Base Rate Margin", "Applicable Eurocurrency Margin", "EBITDA", "Level I Rate Period", "Level II Rate Period", "Level III Rate Period", "Level IV Rate Period"
and "Level V Rate Period" therein and substituting in lieu thereof the following in their proper alphabetical order: 

    "Applicable Base Rate Margin" means: 

    (a) in
the case of all Loans other than the U.S. Dollar Term B Loans, the U.S. Dollar Term C Loans and the U.S. Dollar Term D Loans, (i) 1.50% at all times
during each Level I Rate Period, (ii) 1.25% at all times during each Level II Rate Period, (iii) 1.00% at all times during each Level III Rate Period, (iv) 0.75% at all times
during each Level IV Rate Period, (v) 0.50% at all times during each Level V Rate Period and (vi) 0.25% at all times during each Level VI Rate Period; 

    (b) in
the case of the U.S. Dollar Term B Loans and the U.S. Dollar Term C Loans, (i) 2.00% at all times during each Level I Rate Period, (ii) 1.75% at
all times during each Level II Rate Period, (iii) 1.50% at all times during each Level III Rate Period, (iv) 1.25% at all times during each Level IV Rate Period and (v) 1.00% at
all times during each Level V Rate Period and each Level VI Rate Period; and 

    (c) in
the case of the U.S. Dollar Term D Loans, (i) 2.25% at all times during each Level I Rate Period, (ii) 2.00% at all times during each Level II Rate
Period, (iii) 1.75% at all times during each Level III Rate Period, (iv) 1.50% at all times during each Level IV Rate Period and (v) 1.25% at all times during each Level V Rate
Period and Level VI Rate Period. 

1

 

    "Applicable Eurocurrency Margin" means: 

    (a) in
the case of all Loans other than the U.S. Dollar Term B Loans, the U.S. Dollar Term C Loans and the U.S. Dollar Term D Loans, (i) 2.50% at all times
during each Level I Rate Period, (ii) 2.25% at all times during each Level II Rate Period, (iii) 2.00% at all times during each Level III Rate Period, (iv) 1.75% at all times
during each Level IV Rate Period, (v) 1.50% at all times during each Level V Rate Period and (vi) 1.25% at all times during each Level VI Rate Period; 

    (b) in
the case of the U.S. Dollar Term B Loans and the U.S. Dollar Term C Loans, (i) 3.00% at all times during each Level I Rate Period, (ii) 2.75% at
all times during each Level II Rate Period, (iii) 2.50% at all times during each Level III Rate Period, (iv) 2.25% at all times during each Level IV Rate Period and (v) 2.00% at
all times during each Level V Rate Period and each Level VI Rate Period; and 

    (c) in
the case of the U.S. Dollar Term D Loans, (i) 3.25% at all times during each Level I Rate Period, (ii) 3.00% at all times during each Level II Rate
Period, (iii) 2.75% at all times during each Level III Rate Period, (iv) 2.50% at all times during each Level IV Rate Period, (v) 2.25% at all times during each Level V Rate
Period and Level VI Rate Period. 

    "EBITDA" means, for any Person for any period, the Net Income (Loss) of such Person, including the pro forma Net Income (Loss) of any
other Person acquired by such Person or a Subsidiary of such Person; for such period taken as a single accounting period, plus, without duplication,
(a) the sum of the following amounts of such Person and its Subsidiaries (including the sum of the following amounts on a pro forma basis of any Person acquired by such Person or a Subsidiary
of such Person) for such period determined on a consolidated basis in conformity with GAAP to the extent included in the determination of such Net Income (Loss): (i) depreciation expense,
(ii) amortization expense, (iii) Net Interest Expense, (iv) income tax expense, (v) extraordinary losses (and other losses on Asset Sales not otherwise included in
extraordinary losses determined on a consolidated basis in conformity with GAAP) and (vi) other non-recurring costs, including, without limitation, incurred in connection with the
restructuring steps set forth in the December 1999 Amendment less (b) the sum of the following amounts of such Person and its Subsidiaries
determined on a consolidated basis in conformity with GAAP to the extent included in the determination of such Net Income (Loss): (i) extraordinary gains (and other gains on Asset Sales not
otherwise included in extraordinary gains determined on a consolidated basis in conformity with GAAP) and (ii) the Net Income (Loss) of any other Person that is accounted for by the equity
method of accounting except to the extent of the amount of dividends or distributions paid to such Person. 

    "Level I Rate Period" means, with respect to any Loan, each period (a) commencing on the last day of any Fiscal Quarter
(i) as at the end of which the Ratio of Total Debt to EBITDA for the four Fiscal Quarters ended on such day exceeds 5.25 to 1.00, as reflected in a Ratio Notice with respect to such four Fiscal
Quarters, or (ii) with respect to which four Fiscal Quarters period no Ratio Notice shall have been timely delivered, and (b) ending on the last day of the next succeeding Fiscal
Quarter. 

    "Level II Rate Period" means, with respect to any Loan, each period commencing on the last day of any Fiscal Quarter as at the end of
which the Ratio of Total Debt to EBITDA for the four Fiscal Quarters ending on such day does not exceed 5.25 to 1.00 but is in excess of 5.00 to 1.00, as reflected in a Ratio Notice with respect to
such Fiscal Quarters, and ending on the last day of next succeeding Fiscal Quarter. 

    "Level III Rate Period" means, with respect to any Loan, each period commencing on the last day of a Fiscal Quarter as at the end of
which the Ratio of Total Debt to EBITDA for the four Fiscal Quarters ended on such day does not exceed 5.00 to 1.00 but is in excess of 4.50 to 1.00, as reflected in a Ratio
Notice with respect to such four Fiscal Quarters, and ending on the last day of the next succeeding Fiscal Quarter. 

2

 

    "Level IV Rate Period" means, with respect to any Loan, each period commencing on the last day of a Fiscal Quarter as at the end of
which the Ratio of Total Debt to EBITDA for the four Fiscal Quarters ended on such day does not exceed 4.50 to 1.00 but is in excess of 4.00 to 1.00, as reflected in a Ratio Notice with respect to
such four Fiscal Quarters, and ending on the last day of the next succeeding Fiscal Quarter. 

    "Level V Rate Period" means, with respect to any Loan, each period commencing on the last day of a Fiscal Quarter as at the end of
which the Ratio of Total Debt to EBITDA for the four Fiscal Quarters ended on such day does not exceed 4.00 to 1.00 but is in excess of 3.50 to 1.00, as reflected in a Ratio Notice with respect to
such four Fiscal Quarters, and ending on the last day of the next succeeding Fiscal Quarter. 

(ii)
Section 1.1 of the Credit Agreement is further amended by inserting the following new definition in its proper alphabetical order: 

    "Level VI Rate Period" means, with respect to any Loan, each period commencing on the last day of a Fiscal Quarter as at the end of
which the ratio of Total Debt to EBITDA for the four Fiscal Quarters ended on such day is equal to or less than 3.50 to 1.00, as reflected in a Ratio Notice with respect to such four Fiscal Quarters,
and ending on the last day of the next succeeding Fiscal Quarter". 

    (b) Amendment to Section 5.1 of the Credit Agreement. Section 5.1 of the Credit Agreement is amended by
deleting each of the maximum leverage ratios for the Fiscal Quarters ending in 2001 therein and substituting in lieu thereof the following: 

	"For the Fiscal Quarter Ending On

	 	Maximum Ratio
	 
	March 31, 2001	 	5.75 to 1.00	 
	June 30, 2001	 	6.00 to 1.00	 
	September 30, 2001	 	5.25 to 1.00	 
	December 31, 2001	 	4.75 to 1.00	".

    (c) Amendment to Section 5.4 of the Credit Agreement. Section 5.4 of the Credit Agreement is amended by
deleting each of the minimum interest coverage ratios for the Fiscal Quarters ending on March 31, 2001 and June 30, 2001 therein and substituting in lieu thereof the following: 

	"For the Fiscal Quarter Ending On

	 	Minimum Interest Coverage Ratio
	 
	March 31, 2001	 	1.75 to 1.00	 
	June 30, 2001	 	1.75 to 1.00	".

    (d) Amendment to Section 5.5 of the Credit Agreement. Section 5.5 of the Credit Agreement is amended by
deleting each of the minimum EBITDA amounts for the Fiscal Quarters ending in 2001 therein and substituting in lieu thereof the following: 

	"For the Fiscal Quarter Ending On

	 	Maximum Amount
	 
	March 31, 2001	 	45,000,000	 
	June 30, 2001	 	42,500,000	 
	September 30, 2001	 	47,500,000	 
	December 31, 2001	 	48,500,000	".

3

 

    (e) Amendment to Section 7.11 of the Credit Agreement. Section 7.11 of the Credit Agreement is amended by
deleting clause (b) thereof and substituting in lieu thereof the following: 

"(b)
engage in any speculative transaction or in any transactions involving commodity options or future contracts, except for (i) Currency Contracts and interest rate protection agreements
permitted by Section 7.6(e) and (ii) non-speculative commodity options transactions in order to hedge against fluctuations in revenues and costs in the ordinary course of
business". 

    SECTION
2.  Effectiveness.  This Amendment shall become effective as of the April 2000 Amendment
Effective Date upon (a) the Agent having executed a counterpart hereof and having received counterparts hereof executed by the Majority Lenders, the Swing Loan Lender and each Loan Party and
(b) the Agent having received an amendment fee for the account of each Lender executing this Amendment in the amount equal to 0.25% of the sum of such Lender's aggregate extensions of credit
and its unutilized Commitments as of the first date upon which each of the conditions set forth in this Section 2 are satisfied. 

    SECTION
3.  Representations and Warranties.  Each of the Loan Parties represents and warrants as to
itself and each of its Subsidiaries as follows: 

	(a)
	The
execution, delivery and performance of this Amendment has been duly authorized by all necessary corporate action, and this Amendment and the Loan Documents as amended hereby,
and the transactions contemplated hereby and thereby, do not and will not (i) require any consent or approval of the stockholders of any Loan Party or any of its Subsidiaries or any third
party, other than any consents or approvals that have already been obtained and which remain in full force and effect,
(ii) violate any Requirement of Law, (iii) result in a breach of or constitute a default under any Contractual Obligation to which any Loan Party or any of its Subsidiaries is a party or
by which any of them or their respective properties may be bound or affected, or (iv) result in, or require, the creation or imposition of any Lien of any nature upon or with respect to any of
the properties now owned or hereafter acquired by any Loan Party or any of its Subsidiaries (other than pursuant to the Loan Documents).

	(b)
	All
authorizations, consents, approvals of, licenses of, or filings or registrations with, any court or Governmental Authority, required in connection with the execution, delivery
and performance by any Loan Party of this Amendment and the performance by each Loan Party of the Loan Documents as amended hereby, and the consummation by each Loan Party of the transactions
contemplated hereby and thereby, have been obtained, given, filed or taken and are in full force and effect.

	(c)
	This
Amendment has been duly executed and delivered by each Loan Party, and each of this Amendment and each Loan Document as amended hereby constitutes the legal, valid and binding
obligation of each Loan Party thereto, enforceable against such Loan Party in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or similar laws affecting enforcement of creditors' rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or law).

	(d)
	There
exists no judgment, order, injunction or other restraint prohibiting or imposing materially adverse conditions upon the execution, delivery and performance of this Amendment
or the Loan Documents as amended hereby or upon the consummation of the transactions contemplated hereby or thereby.

	(e)
	None
of the transactions contemplated by this Amendment or the Loan Documents as amended hereby will have or could have a Material Adverse Effect, and the execution, delivery and
performance of this Amendment will not and could not adversely affect the Liens of any Collateral Document. 

4

 
	(f)
	No
provision of any Related Document or any other Contractual Obligation of any Loan Party would prohibit, restrict or impose any conditions on this Amendment or the Loan Documents
as amended hereby, and no consent under any Related Document or other Contractual Obligation is required for the execution, delivery or performance of this Amendment, or the Loan Documents as amended
hereby, or for the consummation of any of the transactions contemplated hereby, including the transactions contemplated by the amendments set forth herein except as specifically contemplated hereby.

	(g)
	Each
of the representations and warranties contained in each Loan Document are true and correct on and as of the date hereof, and no Default or Event of Default has occurred or is
continuing or would result from the consummation of any transaction contemplated hereby. 

    SECTION
4.  Costs and Expenses.  The Loan Parties jointly and severally agree to pay (a) all costs
and expenses of the Agent in connection with the preparation, execution and delivery of this Amendment, including the reasonable fees and out-of-pocket expenses of counsel for
the Agent with respect thereto and (b) all costs and expenses otherwise required to be paid under Section 10.4 of the Credit Agreement. 

    SECTION
5.  Miscellaneous.  

	(a)
	Upon
the effectiveness of this Amendment each reference in any Loan Document to "this Agreement", "hereunder", "herein", or words of like import, and each reference in any other
Loan Document to such Loan Document, shall mean and be a reference to such Loan Document as amended or waived hereby.

	(b)
	Except
as specifically amended or waived hereby, each Loan Document shall remain in full force and effect and is hereby ratified and confirmed.

	(c)
	The
execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power, or remedy of the Lenders, the
Issuer, the Swing Loan Lender or the Agent under any Loan Document, nor constitute a waiver of any provision of any Loan Document.

	(d)
	This
Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered, shall be deemed
to be an original and all of which taken together shall constitute but one and the same instrument.

	(e)
	THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

	(f)
	EACH LOAN PARTY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON,
OR ARISING OUT OF, UNDER OR IN CONNECTION WITH, THIS AMENDMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF THE AGENT, THE ISSUER, ANY LENDER OR
ANY LOAN PARTY.
THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE LENDERS ENTERING INTO THIS AMENDMENT.

[REMAINDER
OF PAGE LEFT INTENTIONALLY BLANK] 

5

 
    IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective officers
thereunto duly authorized as of the date first above written. 

	 	 	EURAMAX INTERNATIONAL INC.
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX INTERNATIONAL HOLDINGS LIMITED
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX INTERNATIONAL LIMITED
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX EUROPEAN HOLDINGS LIMITED
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX CONTINENTAL LIMITED
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX EUROPEAN HOLDINGS, B.V.
	

 	
 	
By:	

	 	 	Title:

6

 

	

 	
 	
EURAMAX EUROPE LIMITED
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX NETHERLANDS B.V.
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX HOLDINGS LIMITED
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX EUROPE B.V.
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
ELLBEE LIMITED
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
EURAMAX COATED PRODUCTS LIMITED
	

 	
 	
By:	

	 	 	Title:

7

 

	

 	
 	
AMERIMAX HOLDINGS, INC.

AMERIMAX FABRICATED PRODUCTS, INC.

AMERIMAX BUILDING PRODUCTS, INC.

AMERIMAX COATED PRODUCTS, INC.

AMERIMAX RICHMOND COMPANY

AMERIMAX HOME PRODUCTS, INC.

AMERIMAX LAMINATED PRODUCTS, INC.
	

 	
 	
By:	

	 	 	Title:
	

 	
 	
FABRAL HOLDINGS, INC.
   (formerly, Gentek Holdings, Inc.)
 FABRAL, INC.
   (formerly, Gentek Building Products, Inc.)
	

 	
 	

By:	

	 	 	Title:
	

 	
 	
BNP PARIBAS (formerly, Banque Paribas), as Agent, as a Lender, as the Issuer and as Swing Loan
	

 	
 	

By:	

	 	 	Title:
	

 	
 	

By:	

	 	 	Title:
	

 	
 	
FLEET NATIONAL BANK (formerly, BANKBOSTON, N.A.), as a Lender
	

 	
 	

By:	

	 	 	Title:
	

 	
 	
SUNTRUST BANK, ATLANTA, as a Lender
	

 	
 	

By:	

	 	 	Title:

8

 

	

 	
 	
BANK AUSTRIA CREDITANSTALT CORPORATE FINANCE, INC., as a Lender
	

 	
 	

By:	

	 	 	Title:
	

 	
 	

By:	

	 	 	Title:
	

 	
 	
LASALLE BANK NATIONAL ASSOCIATION, as a Lender
	

 	
 	

By:	

	 	 	Title:
	

 	
 	
WACHOVIA BANK, N.A., as a Lender
	

 	
 	

By:	

	 	 	Title:
	

 	
 	
BANK ONE, NA, as a Lender
	

 	
 	

By:	

	 	 	Title:
	

 	
 	
PPM AMERICA, INC., as attorney in fact, on behalf of Jackson National Life Insurance Company, as a Lender
	

 	
 	

By:	

	 	 	Title:

9

 

	

 	
 	
DE NATIONALE INVESTERINGS BANK N.V., as a Lender
	

 	
 	

By:	

	 	 	Title:
	

 	
 	

By:	

	 	 	Title:
	

 	
 	
FLEET NATIONAL BANK, as a Lender
	

 	
 	

By:	

	 	 	Title:

10

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EXHIBIT 10.32

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