Document:

Intercreditor Agreement

 Exhibit 10.1 
 INTERCREDITOR AGREEMENT 
 INTERCREDITOR AGREEMENT,
dated as of November 5, 2009, among Wachovia Bank, National Association, in its capacity as administrative and collateral agent for the First Lien Secured Parties (in such capacity, the “First Lien Agent” as hereinafter further
defined), Deutsche Bank Trust Company Americas, in its capacity as trustee for the Senior Secured Notes (as defined below) (in such capacity, the “Original Second Lien Agent” as hereinafter further defined) and collateral agent for the
Second Lien Secured Parties (in such capacity, “Second Lien Collateral Agent” as hereinafter further defined), Associated Materials, LLC, a Delaware limited liability company (“Associated”), Gentek Building Products, Inc., a
Delaware corporation (“Gentek” and together with Associated, each a “US Borrower” and collectively, “US Borrowers” as hereinafter further defined), Associated Materials Canada Limited formerly known as Gentek Building
Products Limited, a corporation incorporated under the laws of the Province of Ontario, Canada (“Associated Canada”), and Gentek Building Products Limited Partnership, an Ontario limited partnership (“GBPLP”, and together with
Associated Canada, each a “Canadian Borrower” and collectively, “Canadian Borrowers” as hereinafter further defined; US Borrowers and Canadian Borrowers are referred to herein collectively as “Borrowers”), Associated
Materials Holdings, LLC, a Delaware limited liability company (“Associated Holdings”), Associated Materials Finance, Inc., a Delaware corporation (“Associated Finance”), Gentek Holdings, LLC, a Delaware limited liability company
(“Gentek Holdings” and together with Associated Holdings and Associated Finance, each a “US Guarantor” and collectively, “US Guarantors”, as hereinafter further defined), and Gentek Canada Holdings Limited, an Ontario
corporation (“Gentek Canada Holdings”, and together with Associated Holdings, Associated Finance, Gentek Holdings and any other entity that becomes a guarantor under the First Lien Loan Agreement and the Second Lien Documents, collectively
“Guarantors” as hereinafter further defined) and accepted and agreed to by each Additional Second Lien Agent (as defined below) from time to time party hereto. 
 W I T N E S S E T H : 
 WHEREAS, Borrowers and Guarantors have entered into a secured revolving credit facility with the First Lien Agent and the lenders for whom it is acting as agent as set forth in the First Lien Loan
Agreement (as hereinafter defined) pursuant to which such lenders have made and from time to time may make loans and provide other financial accommodations to Borrowers which are guaranteed by Guarantors and secured by substantially all of the
assets of Borrowers and Guarantors (subject to certain exceptions as provided therein); 
 WHEREAS, Associated and Associated
Finance have issued their 9.875% Senior Secured Second Lien Notes due 2016 in the original aggregate principal amount of $200.0 million (collectively, the “Senior Secured Notes” as hereinafter further defined) pursuant to the Indenture,
dated as of the date hereof, by and among Associated and Associated Finance as issuers, Gentek, Gentek Holdings, the Second Lien Collateral Agent and the Original Second Lien Agent, as trustee (the “Second Lien Note Indenture” as
hereinafter further defined) the obligations in respect of which are guaranteed by each US Borrower (other than Associated and Associated Finance) and each US Guarantor (other than Associated Holdings) and secured by

 
substantially all of the assets and properties of US Borrowers and US Guarantors (other than Associated Holdings), excluding, without limitation, Non-Second Lien Collateral (as defined below).

 WHEREAS, Associated and its domestic Subsidiaries may incur Additional Second Lien Debt (as defined below) and it is the
intention of the parties hereto that such Additional Second Lien Debt, upon the execution and delivery of a counterpart of this Agreement and of a Lien Sharing Confirmation (as defined below) by the Additional Second Lien Agent (as defined below)
therefor, shall be secured by the Lien of the Second Lien Collateral Agent on the Second Lien Collateral, and be subject to the terms of this Agreement. 
 WHEREAS, the First Lien Debt is secured under the First Lien Documents by Liens on the Second Lien Collateral and the Non-Second Lien Collateral and the Second Lien Debt is being secured on the date
hereof under the Second Lien Documents by Liens on the Second Lien Collateral. 
 WHEREAS, the First Lien Secured Parties and
the Second Lien Secured Parties have authorized and directed the First Lien Agent and the applicable Second Lien Agent, respectively, to enter into this Intercreditor Agreement (a) pursuant to which the First Lien Agent and each Second Lien
Agent agree that the First Lien Debt is secured on a first-priority basis by liens on the Second Lien Collateral (as well as on a first-priority basis on Liens on the Non-Second Lien Collateral), (b) pursuant to which the First Lien Agent and
each Second Lien Agent confirm that the Second Lien Debt is secured on a second priority basis by Liens on the Second Lien Collateral, (c) to provide for the orderly sharing among them, in accordance with such priorities, of proceeds of such
assets and properties upon any foreclosure thereon or other disposition thereof and (iii) to address related matters; 
 NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and obligations herein set forth and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto,
intending to be legally bound, hereby agree as follows: 
 Section 1. Definitions; Interpretation  
 1.1 Definitions. As used in this Agreement, the following terms have the meanings specified below: 
 “Additional Second Lien Agent” means any agent or representative of the holders of Additional Second Lien
Debt under any Second Lien Agreement who maintains the transfer register for such Additional Second Lien Debt and is appointed as an agent or representative pursuant to the indenture, credit agreement or other Additional Second Lien Agreement (or if
there is no such agent or representative under such Additional Second Lien Debt, the holders of such Additional Second Lien Debt), upon the execution and delivery of a counterpart of this Agreement and a Lien Sharing Confirmation by such agent or
representative (or such holders) to the First Lien Agent and any other Second Lien Agent and notice to all existing Second Lien Debtholders, or any successors and assigns, including any replacement or successor trustee or agent or any additional
trustee or agent. 
  

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 “Additional Second Lien Agreement” means, upon the
execution and delivery of a counterpart of this Agreement and a Lien Sharing Confirmation by the Additional Second Lien Agent (as defined below) therefor to the First Lien Agent, any other Second Lien Agent and all Second Lien Debtholders any
agreement designated as such by notice from Associated to the First Lien Agent and each Second Lien Agent at the time of such designation and each document identified or designated as an “Additional Second Lien Agreement” in any agreement
so designated. 
 “Additional Second Lien Debt” means, with respect to any Additional Second
Lien Agreement, (i) all principal of and interest (including, without limitation, any Post-Petition Interest) and premium (if any) on all indebtedness under such Additional Second Lien Agreement, and (ii) all fees, expenses and other
amounts (including costs and indemnification obligations) payable from time to time pursuant to the Second Lien Documents entered into in connection with such Additional Second Lien Agreement (including amounts payable under any guarantee relating
to such Additional Second Lien Agreement), in each case whether or not allowed or allowable in an Insolvency or Liquidation Proceeding. 
 “Agents” shall mean, collectively, the First Lien Agent and any Second Lien Agent, sometimes being referred to herein individually as an “Agent”. 
 “Agreement” shall mean this Intercreditor Agreement, as amended, renewed, extended, supplemented or otherwise modified from
time to time in accordance with the terms hereof. 
 “Bank Product Obligations” shall mean Cash Management
Obligations and Hedging Obligations. 
 “Bankruptcy Code” shall mean the United States Bankruptcy Code, being
Title 11 of the United States Code, as the same now exists or may from time to time hereafter be amended, modified, recodified or supplemented. 
 “Bankruptcy Law” shall mean the Bankruptcy Code and any similar Federal, state or foreign law for the relief of debtors. 
 “Borrowers” shall mean, collectively, US Borrowers and Canadian Borrowers. 
 “Business Day” shall mean any day other than a Saturday, a Sunday or a day that is a legal holiday under the laws of the
State of New York or on which banking institutions in the State of New York are required or authorized by law or other governmental action to close. 
 “Canadian Borrowers” shall mean, collectively, (a) Associated Materials Canada Limited formerly known as Gentek Building Products Limited, a corporation incorporated under the laws
of the Province of Ontario, Canada, (b) Gentek Building Products Limited Partnership, an Ontario limited partnership, (c) any other person incorporated or otherwise organized under the laws of Canada or any Province thereof that at any
time after the date hereof becomes a borrower in respect of any of the First Lien Debt or the Second Lien Debt and (d) their respective successors and assigns; sometimes being referred to herein individually as a “Canadian Borrower”.

  

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 “Canadian Guarantors” shall mean, collectively, (a) Gentek Canada
Holdings Limited, an Ontario corporation, (b) any other person incorporated or otherwise organized under the laws of Canada or any Province thereof that at any time after the date hereof becomes a party to a guarantee in favor of First Lien
Agent or the First Lien Lenders in respect of any of the First Lien Debt and (c) their respective successors and assigns; sometimes being referred to herein individually as a “Canadian Guarantor”. 
 “Cash Management Obligations” shall mean, with respect to any Person, the obligations of such Person in connection with
(a) credit cards or stored value cards or (b) cash management or related services, including (i) the automated clearinghouse transfer of funds or overdrafts or (ii) controlled disbursement services. 
 “Collateral” shall mean all of the property and interests in property, real or personal, tangible or intangible, now owned
or hereafter acquired by any Grantor in or upon which any First Lien Secured Party or Second Lien Secured Party at any time has a Lien, and including, without limitation, all proceeds of such property and interests in property. 
 “DIP Financing” shall have the meaning set forth in Section 6.2 hereof. 
 “Discharge of First Lien Debt” shall mean (a) the termination of the commitments of the First Lien Lenders and the
financing arrangements provided by First Lien Agent and the other First Lien Secured Parties to Grantors under the First Lien Documents, (b) except to the extent otherwise provided in Section 4.1, the final payment in full in cash of the
First Lien Debt (other than the First Lien Debt described in clause (c) of this definition), (c) payment in full in cash or cash collateral, or at First Lien Agent’s option, the delivery to First Lien Agent of a letter of credit
payable to First Lien Agent, in either case as required under the terms of the First Lien Loan Agreement, in respect of letters of credit issued under the First Lien Documents, Bank Product Obligations (provided, that, in the case of
Bank Products Obligations under Hedge Agreements, only 100% of the aggregate amount of such Bank Products Obligations, after giving effect to any netting arrangements, that the applicable Borrower or Guarantor would be required to pay if such Hedge
Agreements were terminated at such time shall constitute and be required as cash collateral), continuing obligations of First Lien Agent and First Lien Lenders under control agreements and other contingent First Lien Debt. If after receipt of any
payment of, or proceeds of Collateral applied to the payment of, the First Lien Debt First Lien Agent or any other First Lien Secured Party is required to surrender or return such payment or proceeds to any person for any reason, then the First Lien
Debt intended to be satisfied by such payment or proceeds shall be reinstated and continue and this Agreement shall continue in full force and effect as if such payment or proceeds had not been received by such First Lien Agent or other First Lien
Secured Party, as the case may be, and no Discharge of First Lien Debt shall be deemed to have occurred. 
 “Equity
Interests” shall mean, with respect to any Person, all of the shares, interests, participations or other equivalents (however designated) of such Person’s Equity Interests or partnership, limited liability company or other equity,
ownership or profit interests at any time outstanding, all of the warrants, options or other rights for the purchase or acquisition from such

  

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Person of shares of Equity Interests of (or other interests in) such Person, all of the securities convertible into or exchangeable for shares of Equity Interests of (or other interests in) such
Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), but excluding any interests in phantom equity plans and any debt security that is convertible into or exchangeable for
such shares, and all of the other ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are
outstanding on any date of determination. 
 “First Lien Agent” shall mean Wachovia Bank, National Association,
and its successors and assigns in its capacity as administrative and collateral agent pursuant to the First Lien Documents acting for and on behalf of the other First Lien Secured Parties and any successor or replacement agent. 
 “First Lien Debt” shall mean all “Obligations” as such term is defined in the First Lien Loan Agreement,
including, without limitation, obligations, liabilities and indebtedness of every kind, nature and description owing by any Grantor to any First Lien Secured Party, including principal, interest, charges, fees, premiums, indemnities and expenses,
however evidenced, whether as principal, surety, endorser, guarantor or otherwise, arising under any of the First Lien Documents, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of
the First Lien Documents or after the commencement of any case with respect to any Grantor under the Bankruptcy Code or any other Insolvency or Liquidation Proceeding (and including, without limitation, any principal, interest, fees, costs, expenses
and other amounts, which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case or similar proceeding), whether direct or indirect, absolute or
contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured. 
 “First Lien Documents” shall mean, collectively, the First Lien Loan Agreement and all agreements, documents and instruments at any time executed and/or delivered by any Grantor or any other person to, with or in favor of
any First Lien Secured Party in connection therewith or related thereto, as all of the foregoing now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated, refinanced, replaced or restructured (in whole or in part
and including any agreements with, to or in favor of any other lender or group of lenders that at any time refinances, replaces or succeeds to all or any portion of the First Lien Debt). 
 “First Lien Loan Agreement” shall mean the Loan and Security Agreement, dated as of October 3, 2008, by and among
Grantors, First Lien Agent and First Lien Lenders, as amended, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. 
 “First Lien Lenders” shall mean, collectively, any person party to the First Lien Documents as lender (and including any
other lender or group of lenders that at any time refinances, replaces or succeeds to all or any portion of the First Lien Debt or is otherwise party to the First Lien Documents as a lender); sometimes being referred to herein individually as a
“First Lien Lender”. 
  

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 “First Lien Secured Parties” shall mean, collectively, (a) the First
Lien Agent, (b) the First Lien Lenders, (c) the issuing bank or banks of letters of credit or similar instruments under the First Lien Loan Agreement, (d) each other person to whom any of the First Lien Debt (including First Lien Debt
constituting Bank Product Obligations) is owed and (e) the successors, replacements and assigns of each of the foregoing; sometimes being referred to herein individually as a “First Lien Secured Party”. 
 “Grantors” shall mean, collectively, Borrowers, Guarantors and each Subsidiary of Borrowers or Guarantors that shall have
created or purported to create a Lien on its assets to secure any First Lien Debt or Second Lien Debt, together with their respective successors and assigns; sometimes being referred to herein individually as a “Grantor”. 
 “Guarantors” shall mean, collectively, US Guarantors and Canadian Guarantors. 
 “Hedging Obligations” shall mean, with respect to any Person, the obligations of such Person under (a) interest rate
swap agreements, interest rate cap agreements and interest rate collar agreements and (b) other agreements or arrangements designed to protect such Person against fluctuations in interest rates or the value of foreign currencies. 
 “Insolvency or Liquidation Proceeding” shall mean (a) any voluntary or involuntary case or proceeding under any
Bankruptcy Law with respect to any Grantor, (b) any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding with respect to
any Grantor or with respect to any of their respective assets, (c) any proceeding seeking the appointment of any trustee, receiver, liquidator, custodian or other insolvency official with similar powers with respect to such Person or any or all
of its assets or properties, (d) any liquidation, dissolution, reorganization or winding up of any Grantor whether voluntary or involuntary and whether or not involving insolvency or bankruptcy or (e) any assignment for the benefit of
creditors or any other marshalling of assets and liabilities of any Grantor. 
 “Lien” shall mean any mortgage,
deed of trust, pledge, hypothecation, assignment, deposit arrangement, security interest, encumbrance (including, but not limited to, easements, rights of way and the like), lien (statutory or other), security agreement or transfer intended as
security, including without limitation, any conditional sale or other title retention agreement, the interest of a lessor under a capital lease or any financing lease having substantially the same economic effect as any of the foregoing. 

“Lien Sharing Confirmation” shall mean the written agreement by the holders of any Additional Second Lien Debt (or
Additional Second Lien Agent as representative for such holders), for the enforceable benefit of all holders of any existing and future First Lien Debt, the First Lien Agent, each Second Lien Agent and each existing and future Second Lien Debtholder
(a) that any Additional Second Lien Debt subject to such agreement will be secured equally and ratably by all Liens on the Second Lien Collateral held by the Second Lien Collateral Agent and that all such Lien will be enforceable by the Second
Lien Collateral Agent for the ratable benefit of the Second Lien Secured Parties pursuant to the existing Second Lien Documents, (b) that the holders of such Additional Second Lien Debt are bound by the provisions of this Agreement and the
other Second Lien Documents, and (c) consenting to and directing the Second Lien Agents to perform its obligations under this Agreement and the other Second Lien Documents. 
  

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 “Maximum Priority Cash Management Obligations” shall mean, as of any date
of determination, the amount of the First Lien Debt constituting Cash Management Obligations; provided, that, such amount shall not exceed the reserve established with respect thereto by First Lien Agent under the terms of the First
Lien Loan Agreement. 
 “Maximum Priority First Lien Loan Debt” shall mean, as of any date of determination,
(a) the greater of: (i) $300,000,000 and (ii) one hundred ten (110%) percent of the Borrowing Base (as defined in the First Lien Loan Agreement as in effect on the date hereof), plus (b) any interest on such amount
(and including, without limitation, any interest which would accrue and become due but for the commencement of Insolvency or Liquidation Proceeding, whether or not such amounts are allowed or allowable in whole or in part in such case or similar
proceeding), plus (c) the Maximum Priority Cash Management Obligations, plus (d) the Maximum Priority Hedging Obligations, plus (e) any fees, costs, expenses and indemnities payable under any of the First Lien
Documents (and including, without limitation, any fees, costs, expenses and indemnities which would accrue and become due but for the commencement of Insolvency or Liquidation Proceeding, whether or not such amounts are allowed or allowable in whole
or in part in such case or similar proceeding). 
 “Maximum Priority Hedging Obligations” shall mean, as of any
date of determination, the amount of the First Lien Debt constituting Hedging Obligations; provided, that, such amount shall not exceed the reserve established with respect thereto by First Lien Agent under the terms of the First Lien
Loan Agreement. 
 “Maximum Priority Second Lien Debt” shall mean, as of any date of determination,
(a) $300,000,000, plus (b) any interest on such amount (and including, without limitation, any interest which would accrue and become due but for the commencement of Insolvency or Liquidation Proceeding, whether or not such amounts
are allowed or allowable in whole or in part in such case or similar proceeding). 
 “Non-Second Lien
Collateral” shall mean (i) all of the property and interests in property, real or personal, tangible or intangible, now owned or hereafter acquired by any Canadian Borrower or Canadian Guarantor or other foreign borrower or guarantor
of First Lien Debt in or upon which any First Lien Secured Party at any time has a Lien, and including, without limitation, all proceeds of such property and interests in property, (ii) shares of any direct or indirect Subsidiary of Associated
that is a “controlled foreign corporation” in excess of sixty-five (65%) percent of all of the issued and outstanding Equity Interests in such Subsidiary entitled to vote (within the meaning of Treasury
Regulation Section 1.956-2), (iii) all of the property and interests in property, real or personal, tangible or intangible, now owned or hereafter acquired by Associated Holdings in or upon which any First Lien Secured Party at any
time has a Lien, and including, without limitation, all proceeds of such property and interests in property and (iv) Equity Interests of any Subsidiary of Associated to the extent necessary for such Subsidiary not to be subject to any
requirement pursuant to Rule 3.16 or Rule 3-10 of Regulation S-X under the Securities Act, due to the fact that such Subsidiary’s Equity Interest secures any Second Lien Debt to file separate financial statements with the SEC (or any other
governmental agency). 
  

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 “Note Guarantor” means any US Guarantor other than Associated Holdings and
Associated Finance. 
 “Original Second Lien Agent” means Deutsche Bank Trust Company Americas, in its capacity
as trustee pursuant to the Second Lien Note Indenture, and also includes its successors and assigns, including any replacement or successor trustee or agent or any additional trustee or agent. 
 “Person” or “person” shall mean any individual, sole proprietorship, partnership, corporation (including,
without imitation, any corporation which elects subchapter S status under the Internal Revenue Code of 1986, as amended), limited liability company, limited liability partnership, business trust, unincorporated association, joint stock company,
trust, joint venture, or other entity or any government or any agency or instrumentality or political subdivision thereof. 
 “Pledged Collateral” shall have the meaning set forth in Section 5.1(a) hereof. 
 “Recovery” shall have the meaning set forth in Section 6.8 hereof. 
 “SEC”
means the U.S. Securities and Exchange Commission. 
 “Second Lien Agent” shall mean (i) the Second Lien
Collateral Agent, (ii) the Original Second Lien Agent and (iii) any Additional Second Lien Agent. 
 “Second
Lien Collateral” shall mean all of the property and interests in property, real or personal, tangible or intangible, now owned or hereafter acquired by Associated, Associated Finance or any Note Guarantor in or upon which any First Lien
Secured Party or Second Lien Secured Party at any time has a Lien, and including, without limitation, all proceeds of such property and interests in property other than any Non-Second Lien Collateral. 
 “Second Lien Collateral Agent” means Deutsche Bank Trust Company Americas, in its capacity as collateral agent pursuant to
the Second Lien Note Indenture and any other Second Lien Document, and also includes its successors and assigns, including any replacement or successor trustee or agent or any additional trustee or agent. 
 “Second Lien Debt” shall mean all obligations, liabilities and indebtedness of every kind, nature and description owing by
any Grantor to any Second Lien Agent or any Second Lien Debtholder, including principal, interest, charges, fees, premiums, indemnities and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, evidenced by or
arising under the Second Lien Documents, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Second Lien Documents or after the commencement of any case with respect to any
Grantor under the Bankruptcy Code or any other Insolvency Proceeding (and including, without limitation, any principal, interest, fees, costs, expenses and other amounts, which would accrue and become due but for the commencement of such case,
whether or not such amounts are allowed or allowable in whole or

  

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in part in such case or similar proceeding), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or
unsecured. 
 “Second Lien Debtholders” shall mean (i) any Second Lien Noteholder and (ii) any holder
of Additional Second Lien Debt; sometimes being referred to herein individually as a “Second Lien Debtholder”. 
 “Second Lien Documents” shall mean, collectively, the following (as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced): (a) the Second Lien Note Indenture;
(b) the Senior Secured Notes; (c) the agreements listed on Schedule 1 hereto, (d) any Additional Second Lien Agreement, (e) any document designated as a “Second Lien Document” for purposes of this Agreement in any
Additional Second Lien Agreement, (f) any collateral trust agreement or other agreement among the Second Lien Secured Parties or Second Lien Agents, including any Lien Sharing Confirmation, and (g) all agreements, documents and instruments
at any time executed and/or delivered by any Grantor or any other person to, with or in favor of any Second Lien Agent or any Second Lien Debtholder in connection therewith or related thereto, as all of the foregoing now exist or may hereafter be
amended, modified, supplemented, extended, renewed, restated, refinanced, replaced or restructured (in whole or in part and including any agreements with, to or in favor of any other lender or group of lenders that at any time refinances, replaces
or succeeds to all or any portion of the Second Lien Debt). 
 “Second Lien Note Indenture” shall mean the
Indenture, dated of even date herewith, by Associated and Associated Finance, as issuers, each Note Guarantor, as guarantor, Second Lien Collateral Agent and Original Second Lien Agent, in connection with the Senior Secured Notes, as the same now
exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. 
 “Second Lien
Noteholders” shall mean, collectively, any person that at any time is the owner or holder, directly or indirectly, of record or beneficially, of any of the Senior Secured Notes; sometimes being referred to herein individually as a
“Second Lien Noteholder”. 
 “Second Lien Secured Parties” shall mean, collectively, any Second Lien
Agent and Second Lien Debtholders; sometimes being referred to herein individually as a “Second Lien Secured Party”. 
 “Securities Act” means the U.S. Securities Act of 1933, as amended. 
 “Senior Secured
Notes” shall mean, collectively, the 9.875% Senior Secured Second Lien Notes due 2016 issued by Associated and Associated Finance pursuant to the Second Lien Note Indenture in the original aggregate principal amount of $200.0 million, as
the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. 
 “Subsidiary” means any “Subsidiary” of any Borrower as defined in the First Lien Loan Agreement. 
  

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 “Uniform Commercial Code” or “UCC” means the Uniform Commercial
Code as from time to time in effect in the State of New York. 
 “US Borrowers” shall mean, collectively,
(a) Associated Materials, LLC, a Delaware limited liability company, (b) Gentek Building Products, Inc., a Delaware corporation, (c) any other person incorporated or otherwise organized under the laws of the United States or any State
or territory thereof that at any time after the date hereof becomes a borrower or issuer in respect of any of the First Lien Debt or the Second Lien Debt and (d) their respective successors and assigns; sometimes being referred to herein
individually as a “US Borrower”. 
 “US Guarantors” shall mean, collectively, (a) Associated
Materials Holdings, LLC, a Delaware limited liability company, (b) Associated Materials Finance, Inc., a Delaware corporation, (c) Gentek Holdings, LLC, a Delaware limited liability company, (d) any other person incorporated or
otherwise organized under the laws of the United States of America or any State or territory thereof that at any time after the date hereof becomes a party to a guarantee in favor of First Lien Agent or the First Lien Lenders in respect of any of
the First Lien Debt or any Second Lien Agent or the Second Lien Debtholders in respect of any of the Second Lien Debt and (e) their respective successors and assigns; sometimes being referred to herein individually as a “US Guarantor”

 1.2 Terms Generally. The definitions of terms herein shall apply equally to the singular and plural forms of the terms
defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the phrase
“without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise (a) any definition of or reference to any agreement,
instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified, (b) any reference herein to any Person shall be construed to
include such Person’s successors and assigns, and as to any Borrower, any Guarantor or any other Grantor shall be deemed to include a receiver, trustee or debtor-in-possession on behalf of any of such person or on behalf of any such successor
or assign, (c) the words “herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all
references herein to Sections shall be construed to refer to Sections of this Agreement and (e) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and
intangible assets and properties, including cash, securities, accounts and contract rights. 
 Section 2. Lien
Priorities. 
 2.1 Subordination. 
 (a) Notwithstanding the date, manner or order of grant, attachment or perfection of any Liens granted to the First Lien Agent or the First Lien Secured Parties or any Second Lien Agent or the Second Lien
Secured Parties and notwithstanding any provision of the UCC, or any applicable law or any provisions of the First Lien Documents or the Second Lien Documents or any other circumstance whatsoever: 
  

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 (i) The Second Lien Collateral Agent, for itself and on behalf of the other Second Lien
Secured Parties, hereby agrees that: (A) any Lien on the Second Lien Collateral securing the First Lien Debt (other than the principal amount thereof that exceeds the Maximum First Lien Debt) now or hereafter held by or for the benefit or on
behalf of any First Lien Secured Party or any agent or trustee therefor shall be senior in right, priority, operation, effect and in all other respects to any Lien on the Second Lien Collateral securing the Second Lien Debt now or hereafter held by
or for the benefit or on behalf of any Second Lien Secured Party or any agent or trustee therefor; and (B) any Lien on the Second Lien Collateral securing any of the Second Lien Debt now or hereafter held by or for the benefit or on behalf of
any Second Lien Secured Party or any agent or trustee therefor regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be junior and subordinate in all respects to all Liens on the Second Lien
Collateral securing any First Lien Debt (other than the principal amount thereof that exceeds the Maximum First Lien Debt). 
 (ii) The First Lien Agent, for itself and on behalf of the other First Lien Secured Parties, hereby agrees that: (A) any Lien on the Second Lien Collateral securing the Second Lien Debt up to the Maximum Priority Second Lien Debt now
or hereafter held by or for the benefit or on behalf of any Second Lien Secured Party or any agent or trustee therefor shall be senior in right, priority, operation, effect and in all other respects to any Lien on the Second Lien Collateral securing
the principal amount of the First Lien Debt in excess of the Maximum Priority First Lien Debt now or hereafter held by or for the benefit or on behalf of any Second Lien Secured Party or any agent or trustee therefor; and (B) any Lien on the
Second Lien Collateral securing any of the principal amount of the First Lien Debt in excess of the Maximum Priority First Lien Debt now or hereafter held by or for the benefit or on behalf of any First Lien Secured Party or any agent or trustee
therefor regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be junior and subordinate in all respects to all Liens on the Second Lien Collateral securing any Second Lien Debt up to the Maximum
Priority Second Lien Debt. 
 (iii) Each Second Lien Agent, for itself and on behalf of the other Second Lien Secured Parties,
hereby agrees that: (A) any Lien on the Second Lien Collateral securing the principal amount of the First Lien Debt in excess of the Maximum Priority First Lien Debt now or hereafter held by or for the benefit or on behalf of any First Lien
Secured Party or any agent or trustee therefor shall be senior in right, priority, operation, effect and in all other respects to any Lien on the Second Lien Collateral securing the Second Lien Debt in excess of the Maximum Priority Second Lien Debt
now or hereafter held by or for the benefit or on behalf of any Second Lien Secured Party or any agent or trustee therefor; and (B) any Lien on the Second Lien Collateral securing any of the Second Lien Debt in excess of the Maximum Priority
Second Lien Debt now or hereafter held by or for the benefit or on behalf of any Second Lien Secured Party or any agent or trustee therefor regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be
junior and subordinate in all respects to all Liens on the Second Lien Collateral securing the principal amount of any First Lien Debt in excess of the Maximum Priority First Lien Debt. 
 (b) Subject to Section 2.1(iii) above, all Liens on the Second Lien Collateral securing any First Lien Debt shall be and remain senior
in all respects and prior to all Liens on the Second Lien Collateral securing any Second Lien Debt for all purposes, whether or not such Liens securing any First Lien Debt are subordinated to any Lien securing any other obligation of any Grantor or
any other Person. 
  

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 (c) Notwithstanding anything to the contrary contained herein or in the First Lien Documents
or the Second Lien Documents, Second Lien Secured Parties do not have a Lien or other interest of any kind in any assets or properties, or rights in assets or properties of Grantors, including, without limitation, Non-Second Lien Collateral, other
than the Lien of the Second Lien Collateral Agent for and on behalf of the Second Lien Secured Parties in the Second Lien Collateral. 
 2.2 Prohibition on Contesting Liens. Each of the First Lien Agent, for itself and on behalf of the other First Lien Secured Parties, and each Second Lien Agent, for itself and on behalf of the other Second Lien Secured Parties,
agrees that it shall not (and hereby waives any right to) contest or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the perfection, priority, validity or enforceability of a Lien held
by or for the benefit or on behalf of any First Lien Secured Party in any Second Lien Collateral or by or on behalf of any of the Second Lien Secured Parties in any Second Lien Collateral, as the case may be; provided that nothing in
this Agreement shall be construed to prevent or impair the rights of the any First Lien Secured Party or Second Lien Secured Party to enforce this Agreement. 
 2.3 No New Liens. So long as the Discharge of First Lien Debt has not occurred, the parties hereto agree that, after the date hereof, if any Second Lien Secured Party shall hold any Lien on any
assets of any Grantor securing any Second Lien Debt that are not also subject to the first priority Lien of the First Lien Agent under the First Lien Documents (unless as a result of the written waiver by First Lien Agent of such Lien), such Second
Lien Secured Party, upon demand by the First Lien Agent or such Grantor, will, at First Lien Agent’s option, either release such Lien or assign it to the First Lien Agent as security for the First Lien Debt or such Grantor shall grant a Lien
thereon to First Lien Agent in a manner and on terms satisfactory to First Lien Agent. To the extent that the provisions of this Section 2.3 are not complied with for any reason, without limiting any other right or remedy available to the First
Lien Agent or any other First Lien Secured Party, each Second Lien Agent agrees, for itself and on behalf of the other Second Lien Secured Parties, that any amount received by or distributed to any Second Lien Secured Party pursuant to or as a
result of any Lien granted in contravention of this Section shall be subject to Section 4 hereof. 
 2.4 Similar Liens
and Agreements. The parties hereto agree, subject to the other provisions of this Agreement, upon request by the First Lien Agent or the Second Lien Collateral Agent, as the case may be, to advise the other from time to time of the Second Lien
Collateral for which such party has taken steps to perfect its Liens and to identify the parties obligated under the First Lien Documents or Second Lien Documents, as the case may be. 
 Section 3. Enforcement. 
 3.1 Exercise of Rights and Remedies. 
  

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 (a) So long as the Discharge of First Lien Debt has not occurred, whether or not any
Insolvency or Liquidation Proceeding has been commenced by or against any Grantor, the Second Lien Collateral Agent agrees, for itself and on behalf of the other Second Lien Secured Parties, that: 
 (i) it will not (A) exercise or seek to exercise any rights or remedies (including set-off or by notification of account debtors) with
respect to any Second Lien Collateral, or institute any action or proceeding with respect to such rights or remedies (including any action of foreclosure), (B) contest, protest or object to any foreclosure proceeding or action brought by the
First Lien Agent or any other First Lien Secured Party, or the exercise of any right under any lockbox agreement, control agreement, landlord waiver or bailee’s letter or similar agreement or arrangement to which such Second Lien Agent or any
other Second Lien Secured Party is a party, or any other exercise by any such party, of any rights and remedies relating to the Second Lien Collateral or otherwise, or (C) contest, protest or object to the forbearance by any First Lien Secured
Party from bringing or pursuing any foreclosure proceeding or action or any other exercise of any rights or remedies relating to any of the Second Lien Collateral, and 
 (ii) the First Lien Agent and the other First Lien Secured Parties shall have the exclusive right to enforce rights, exercise remedies (including set-off and the right to credit bid their debt) and make
determinations regarding the release, disposition, or restrictions with respect to the Second Lien Collateral without any consultation with or the consent of any Second Lien Agent or any other Second Lien Secured Party; provided, that
(A) in any Insolvency or Liquidation Proceeding commenced by or against any Grantor, any Second Lien Agent may file a claim or statement of interest with respect to the Second Lien Debt, (B) any Second Lien Agent may send such notices of
the existence of, or any evidence or confirmation of, the Second Lien Debt under the Second Lien Documents or the Liens of the Second Lien Collateral Agent in the Second Lien Collateral to any court or governmental agency, or file or record any such
notice or evidence to the extent necessary to prove or preserve the Liens of the Second Lien Collateral Agent in the Second Lien Collateral, (C) any Second Lien Agent may file any necessary responsive or defensive pleadings in opposition to any
motion, claim, adversary proceeding or other pleading made by any Person objecting to or otherwise seeking the disallowance of the claims of any Second Lien Secured Party, including any claims secured by the Second Lien Collateral, or otherwise make
any agreements or file any motions pertaining to the Second Lien Debt, in each case to the extent not inconsistent with the terms of this Agreement, (D) the Second Lien Secured Parties may exercise rights and remedies that may be exercised by
unsecured creditor to the extent provided in Section 5.4 hereof and not otherwise inconsistent with the terms hereof, (E) any Second Lien Agent may commence legal proceedings against a Grantor (but not any of the Second Lien Collateral);
provided, that, such legal proceeding does not interfere with the rights of First Lien Agent or any other First Lien Secured Party in and to the Second Lien Collateral or the First Lien Debt or the exercise by First Lien Agent or any other First
Lien Secured Party of such rights or involve any contest or challenge to the validity, perfection, priority or enforceability of the Liens of First Lien Agent or any other First Lien Secured Party or of the First Lien Agent or any other First Lien
Debt and in any event the Second Lien Collateral Agent may not enforce any judgment against any of the Second Lien Collateral; and 
  

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 (iii) the First Lien Agent and the other First Lien Secured Parties, in exercising rights
and remedies with respect to the Second Lien Collateral, may enforce the provisions of the First Lien Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion and
such exercise and enforcement shall include the rights of an agent appointed by them to sell or otherwise dispose of Second Lien Collateral upon foreclosure, to incur expenses in connection with such sale or disposition, and to exercise all the
rights and remedies of a secured lender under the Uniform Commercial Code of any applicable jurisdiction and of a secured creditor under Bankruptcy Laws of any applicable jurisdiction. 
 (b) Each Second Lien Agent, for itself and on behalf of the other Second Lien Secured Parties, agrees that it will not take or receive any
Second Lien Collateral or any proceeds of Second Lien Collateral in connection with the exercise of any right or remedy (including set-off) with respect to any Second Lien Collateral, unless and until the Discharge of First Lien Debt has occurred.
Without limiting the generality of the foregoing, unless and until the Discharge of First Lien Debt has occurred, except as expressly provided in the proviso in Section 3.1(a) (ii) above, the sole right of the Second Lien Collateral Agent
and the other Second Lien Secured Parties with respect to the Second Lien Collateral is to hold a Lien on the Second Lien Collateral pursuant to the Second Lien Documents for the period and to the extent granted therein and to receive a share of the
proceeds thereof, if any, after the Discharge of the First Lien Debt has occurred. 
 (c) The Second Lien Collateral Agent, for
itself and on behalf of the other Second Lien Secured Parties, agrees that it will not take any action that would hinder any exercise of remedies undertaken by the First Lien Agent under the First Lien Documents, including any sale, lease, exchange,
transfer or other disposition of the Second Lien Collateral, whether by foreclosure or otherwise, and the Second Lien Collateral Agent, for itself and on behalf of the other Second Lien Secured Parties, hereby waives any and all rights it may have
as a junior lien creditor or otherwise to object to the manner in which the First Lien Agent or the other First Lien Secured Parties seek to enforce or collect the First Lien Debt or the Liens granted in any of the Second Lien Collateral, regardless
of whether any action or failure to act by or on behalf of the First Lien Agent or the other First Lien Secured Parties is adverse to the interest of the Second Lien Secured Parties. 
 (d) Each Second Lien Agent hereby acknowledges and agrees that no covenant, agreement or restriction contained in any Second Lien Agreement
shall be deemed to restrict in any way the rights and remedies of the First Lien Agent or the other First Lien Secured Parties with respect to the Second Lien Collateral as set forth in this Agreement and the First Lien Documents. 
 3.2 Limitation on Exercise of Remedies by Second Lien Secured Parties. The Second Lien Collateral Agent, for itself and on behalf of
the other Second Lien Secured Parties: 
 (a) will not, so long as the Discharge of First Lien Debt has not occurred, enforce or
exercise, or seek to enforce or exercise, any rights or remedies (including any right of setoff or notification of account debtors) with respect to any Second Lien Collateral (including the enforcement of any right under any lockbox agreement,
account control agreement, landlord

  

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waiver or bailee’s letter or any similar agreement or arrangement to which the Second Lien Collateral Agent or any other Second Lien Secured Party is a party) or commence or join with any
Person (other than First Lien Agent) in commencing, or petition for, any action or proceeding with respect to such rights or remedies (including any foreclosure action or proceeding or any Insolvency or Liquidation Proceeding); provided,
that, subject at all times to the provisions of Section 4 of this Agreement, the Second Lien Collateral Agent may enforce or exercise any or all such rights and remedies, or commence or petition for any such action or proceeding, after a
period ending one hundred eighty (180) days since the first date on which the Second Lien Collateral Agent shall have (i) declared the existence of any Event of Default consisting of nonpayment of any amount then due under the Second Lien
Documents and notified the First Lien Agent of such declaration of an Event of Default, or (ii) declared the existence of any Event of Default other than an Event of Default consisting of nonpayment of any amount then due under the Second Lien
Documents, demanded the repayment of all the principal amount of the Second Lien Obligations and notified the First Lien Agent of such declaration of an Event of Default and demand, so long as the First Lien Agent or any other First Lien Secured
Party is not diligently pursuing in good faith the exercise of its enforcement rights or remedies against Grantors and/or the Second Lien Collateral (including, without limitation, any of the following: solicitation of bids from third parties to
conduct the liquidation of all or any material portion of the Second Lien Collateral, the engagement or retention of sales brokers, marketing agents, investment bankers, accountants, auctioneers or other third parties for the purpose of valuing,
marketing, promoting or selling all or any material portion of the Second Lien Collateral, the notification of account debtors to make payments to the First Lien Agent or its agents, the initiation of any action to take possession of all or any
material portion of the Second Lien Collateral or the commencement of any legal proceedings or actions against or with respect to all or any material portion of the Second Lien Collateral); 
 (b) will not contest, protest or object to any foreclosure action or proceeding brought by the First Lien Agent or any other First Lien
Secured Party, or any other enforcement or exercise by any First Lien Secured Party of any rights or remedies relating to the Second Lien Collateral under the First Lien Documents or otherwise, so long as the Liens the Second Lien Collateral Agent
attach to the proceeds thereof subject to the relative priorities set forth in Section 2.1 and such actions or proceedings are being pursued in good faith; 
 (c) subject to the Second Lien Secured Parties’ rights under clause (a) above, will not object to the forbearance by the First Lien Agent or the other First Lien Secured Parties from commencing
or pursuing any foreclosure action or proceeding or any other enforcement or exercise of any rights or remedies with respect to any of the Second Lien Collateral; 
 (d) will not, so long as the Discharge of First Lien Debt has not occurred and except for actions permitted under Sections 3.1(a)(i), (ii), (iii), (iv) and (v) above, take or receive any Second
Lien Collateral, or any proceeds thereof or payment with respect thereto, in connection with the exercise of any right or remedy (including any right of setoff) with respect to any Second Lien Collateral or in connection with any insurance policy
award or any condemnation award (or deed in lieu of condemnation); 
  

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 (e) will not take any action that would, or could reasonably be expected to, hinder, in any
manner, any exercise of remedies under the First Lien Documents, including any sale or other disposition of any Second Lien Collateral, whether by foreclosure or otherwise; 
 (f) will not object to the manner in which the First Lien Agent or any other First Lien Secured Party may seek to enforce or collect the
First Lien Debt or the Liens of such First Lien Secured Party, regardless of whether any action or failure to act by or on behalf of the First Lien Agent or any other First Lien Secured Party is, or could be, adverse to the interests of the Second
Lien Secured Parties, and will not assert, and hereby waive, to the fullest extent permitted by law, any right to demand, request, plead or otherwise assert or claim the benefit of any marshalling, appraisal, valuation or other similar right that
may be available under applicable law with respect to the Second Lien Collateral or any other rights a junior secured creditor may have under applicable law with respect to the matters described in this clause (f), provided that at all times First
Lien Agent is acting in good faith; and 
 (g) will not attempt, directly or indirectly, whether by judicial proceeding or
otherwise, to challenge or question the validity or enforceability of any First Lien Debt or any Lien of First Lien Agent or this Agreement, or the validity or enforceability of the priorities, rights or obligations established by this Agreement.

 3.3 Cooperation. Subject to the proviso in clause (ii) of Section 3.1(a) above, the Second Lien Collateral
Agent, for itself and on behalf of the other Second Lien Secured Parties, agrees that, unless and until the Discharge of First Lien Debt has occurred, it will not commence, or join with any Person (other than the First Lien Agent upon its request)
in commencing, any enforcement, collection, execution, levy or foreclosure action or proceeding with respect to any Lien held by it under any of the Second Lien Documents or otherwise. 
 3.4 Rights As Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, any Second Lien Agent and the other
Second Lien Secured Parties may exercise rights and remedies as an unsecured creditor against any Grantor in accordance with the terms of the Second Lien Documents and applicable law. For purposes hereof, the rights of an unsecured creditor do not
include a creditor that holds a judgment lien. Nothing in this Agreement shall prohibit the receipt by any Second Lien Agent or any other Second Lien Secured Parties of the required payments of interest and principal so long as such receipt is not
the direct or indirect result of the exercise by such Second Lien Agent or any other Second Lien Secured Party of foreclosure rights or other remedies as a secured creditor or enforcement in contravention of this Agreement of any Lien held by any of
them or any other act in contravention of this Agreement. 
 3.5 Release of Second Priority Liens. 
 (a) Effective upon any sale, lease, license, exchange, transfer or other disposition of any Second Lien Collateral permitted under the terms
of the First Lien Documents (whether or not an event of default or equivalent event thereunder, and as defined therein, has occurred and is continuing) that results in the release of any of its Liens on any part of the Second Lien Collateral
(excluding any sale or other disposition that is expressly prohibited by the Second Lien Documents (as in effect on the date hereof) unless such sale or other disposition is consummated in connection with the exercise of the First Lien Agent’s
remedies in respect of the

  

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Second Lien Collateral provided for in Section 3.1 (provided that after giving effect to the release, First Lien Debt secured by the first priority Liens on the remaining Second Lien
Collateral remain outstanding) or consummated after the commencement of any Insolvency or Liquidation Proceeding: 
 (i) the
Liens, if any, of the Second Lien Collateral Agent, for itself or for the benefit of the Second Lien Secured Parties, on such Second Lien Collateral shall be automatically, unconditionally and simultaneously released to the same extent as the
release of First Lien Agent’s Lien, 
 (ii) the Second Lien Collateral Agent , for itself or on behalf of the Second Lien
Secured Parties, shall promptly upon the request of First Lien Agent execute and deliver such release documents and confirmations of the authorization to file UCC amendments and terminations provided for herein, in each case as First Lien Agent may
require in connection with such sale or other disposition by First Lien Agent, First Lien Agent’s agents or any Grantor with the consent of First Lien Agent to evidence and effectuate such termination and release, provided, that, any such
release or UCC amendment or termination by the Second Lien Collateral Agent shall not extend to or otherwise affect any of the rights, if any, of the Second Lien Collateral Agent to the proceeds from any such sale or other disposition of Second Lien
Collateral, 
 (iii) the Second Lien Collateral Agent, for itself or on behalf of the other Second Lien Secured Parties, shall
be deemed to have authorized First Lien Agent to file UCC amendments and terminations covering the Second Lien Collateral so sold or otherwise disposed of as to UCC financing statements between any Grantor and the Second Lien Collateral Agent or any
other Second Lien Secured Party to evidence such release and termination, and 
 (iv) the Second Lien Collateral Agent, for
itself or on behalf of the Second Lien Secured Parties, shall be deemed to have consented under the Second Lien Documents to such sale or other disposition to the same extent as the consent of the First Lien Agent and the other First Lien Secured
Parties. 
 (b) The Second Lien Collateral Agent , for itself and on behalf of the other Second Lien Secured Parties, hereby
irrevocably constitutes and appoints the First Lien Agent and any officer or agent of the First Lien Agent, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of
the Second Lien Collateral Agent or such holder or in the First Lien Agent’s own name, from time to time in the First Lien Agent’s discretion, for the purpose of carrying out the terms of this Section 3.5, to take any and all
appropriate action and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Section 3.5, including any termination statements, endorsements or other instruments of transfer or
release. Nothing contained in this Agreement shall be construed to modify the obligation of First Lien Agent to act in a commercially reasonable manner in the exercise of its rights to sell, lease, license, exchange, transfer or otherwise dispose of
any Second Lien Collateral. 
 3.6 Insurance and Condemnation Awards. So long as the Discharge of First Lien Debt has not
occurred, the First Lien Agent and the other First Lien Secured Parties shall have the sole

  

 17 

 
and exclusive right, subject to the rights of Grantors under the First Lien Documents, to settle and adjust claims in respect of Second Lien Collateral under policies of insurance and to approve
any award granted in any condemnation or similar proceeding, or any deed in lieu of condemnation in respect of the Second Lien Collateral. So long as the Discharge of First Lien Debt has not occurred, all proceeds of any such policy and any such
award, or any payments with respect to a deed in lieu of condemnation, shall (a) first be paid to the First Lien Agent for the benefit of the First Lien Secured Parties to the extent required under the First Lien Documents, (b) second, be
paid to the Second Lien Collateral Agent for the benefit of the Second Lien Secured Parties and application in accordance with the Second Lien Documents, to the extent required under the applicable Second Lien Documents and (c) third, if no
Second Lien Debt is outstanding, be paid to the owner of the subject property or as a court of competent jurisdiction may otherwise direct or may otherwise be required by applicable law. Until the Discharge of First Lien Debt, if the Second Lien
Collateral Agent or any other Second Lien Secured Party shall, at any time, receive any proceeds of any such insurance policy or any such award or payment, it shall pay such proceeds over to the First Lien Agent in accordance with the terms of
Section 4.2. 
 Section 4. Payments. 
 4.1 Application of Proceeds. 
 (a) So long as the Discharge of First Lien Debt has not occurred, the Second Lien Collateral or proceeds thereof received in connection with the sale or other disposition of, or collection on, such Second
Lien Collateral upon the exercise of remedies, shall be applied in the following order of priority: 
 (i) first, to the
First Lien Debt (other than the principal amount thereof in excess of the Maximum Priority First Lien Debt) and for cash collateral as required under the First Lien Documents, and in such order as specified in the relevant First Lien Documents until
the Discharge of First Lien Debt (other than the principal amount thereof in excess of the Maximum Priority First Lien Debt) has occurred; 
 (ii) second, to the Second Lien Debt (other than the principal amount thereof in excess of the Maximum Priority Second Lien Debt) in such order as specified in the relevant Second Lien Documents
until the Discharge of Second Lien Debt (other than the principal amount thereof in excess of the Maximum Priority Second Lien Debt) has occurred; 
 (iii) third, to the principal amount of the First Lien Debt in excess of the Maximum Priority First Lien Debt until the Discharge of First Lien Debt has occurred; 
 (iv) fourth, to the principal amount of the Second Lien Debt in excess of the Maximum Priority Second Lien Debt. 
 (b) Upon the Discharge of First Lien Debt (other than the principal amount thereof in excess of the Maximum Priority First Lien Debt), to
the extent permitted under applicable law and without risk of legal liability to First Lien Agent or any other First Lien Secured Party, the First Lien Agent shall deliver to the Second Lien Collateral Agent, without representation or recourse, any
proceeds of Second Lien Collateral held by it at such time in the same form as

  

 18 

 
received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct, to be applied by the Second Lien Collateral Agent to the Second Lien Debt in such order as
specified in the relevant Second Lien Documents. The foregoing provisions of this Agreement are intended solely to govern the respective lien priorities as between the Second Lien Agent and the First Lien Agent and shall not impose on First Lien
Agent or any other First Lien Secured Party any obligations in respect of the disposition of proceeds of foreclosure on any Second Lien Collateral which would conflict with prior perfected claims therein in favor of any other person or any order or
decree of any court or other governmental authority or any applicable law. 
 4.2 Payments Over. So long as the Discharge
of First Lien Debt has not occurred (other than the principal amount thereof in excess of the Maximum Priority First Lien Debt), whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Grantor, the Second Lien
Collateral Agent agrees, for itself and on behalf of the other Second Lien Secured Parties, that any Second Lien Collateral or proceeds thereof or payment with respect thereto received by the Second Lien Collateral Agent or any other Second Lien
Secured Party (including any right of set-off) with respect to the Second Lien Collateral, and including in connection with any insurance policy claim or any condemnation award (or deed in lieu of condemnation), shall be segregated and held in trust
and promptly transferred or paid over to the First Lien Agent for the benefit of the First Lien Secured Parties in the same form as received, with any necessary endorsements or assignments or as a court of competent jurisdiction may otherwise
direct. 
 Section 5. Bailee for Perfection. 
 5.1 Each Agent as Bailee. 
 (a) The First Lien Agent and the Second Lien Collateral Agent agree to hold any Second Lien Collateral that can be perfected by the possession or control of such Second Lien Collateral or of any account
in which such Second Lien Collateral is held, and if such Second Lien Collateral or any such account is in fact in the possession or under the control of an Agent, or of agents or bailees of such Agent (such Second Lien Collateral being referred to
herein as the “Pledged Collateral”) as bailee and agent for and on behalf of the other Agent solely for the purpose of perfecting the security interest granted to the other Agent in such Pledged Collateral (including, but not limited to,
any securities or any deposit accounts or securities accounts, if any) pursuant to the First Lien Documents or Second Lien Documents, as applicable, subject to the terms and conditions of this Section 5. 
 (b) Until the Discharge of First Lien Debt has occurred, the First Lien Agent shall be entitled to deal with the Pledged Collateral in
accordance with the terms of the First Lien Documents as if the Liens of the Second Lien Collateral Agent under the Second Lien Documents did not exist. The rights of the Second Lien Collateral Agent shall at all times be subject to the terms of
this Agreement and to the First Lien Agent’s rights under the First Lien Documents. 
 (c) Each Agent shall have no
obligation whatsoever to any other Agent or any other Secured Party to assure that the Pledged Collateral is genuine or owned by any of the Grantors or

  

 19 

 
to preserve rights or benefits of any Person except as expressly set forth in this Section 5. The duties or responsibilities of each Agent under this Section 5 shall be limited solely
to holding the Pledged Collateral as bailee and agent for and on behalf of the other Agent for purposes of perfecting the Lien held by the other Agent. The Second Lien Agent shall not be responsible nor liable for the actions of the First Lien Agent
taken hereunder or pursuant to any First Lien Document. 
 (d) Each Agent shall not have by reason of the First Lien Documents,
the Second Lien Documents or this Agreement or any other document a fiduciary relationship in respect of any other Agent or any of the other Secured Parties and shall not have any liability to any other Agent or any other Secured Party in connection
with its holding the Pledged Collateral, other than for its gross negligence or willful misconduct as determined by a final, non-appealable order of a court of competent jurisdiction. 
 5.2 Transfer of Pledged Collateral to Second Lien Collateral Agent. Upon the Discharge of First Lien Debt (of which Borrowers hereby
agree to advise Second Lien Agent in writing), to the extent permitted under applicable law, upon the request of any Second Lien Agent, the First Lien Agent shall, without recourse or warranty, transfer the possession and control of the Pledged
Collateral, if any, then in its possession or control to the Second Lien Collateral Agent, except in the event and to the extent (a) First Lien Agent or any other First Lien Secured Party has retained or otherwise acquired such Second Lien
Collateral in full or partial satisfaction of any of the First Lien Debt, (b) such Second Lien Collateral is sold or otherwise disposed of by First Lien Agent or any other First Lien Secured Party or by a Grantor as provided herein or
(c) it is otherwise required by any order of any court or other governmental authority or applicable law or would result in the risk of liability of First Lien Secured Party to any third party. The foregoing provision shall not impose on First
Lien Agent or any other First Lien Secured Party any obligations which would conflict with prior perfected claims therein in favor of any other person or any order or decree of any court or other governmental authority or any applicable law. In
connection with any transfer described herein to the Second Lien Collateral Agent, the First Lien Agent agrees to take reasonable actions in its power (with all costs and expenses in connection therewith to be for the account of the Second Lien
Collateral Agent and to be paid by the US Borrowers) as shall be reasonably requested by the Second Lien Collateral Agent to permit the Second Lien Collateral Agent to obtain, for the benefit of the Second Lien Secured Parties, a first priority
security interest in the Pledged Collateral. 
 Section 6. Insolvency or Liquidation Proceedings 
 6.1 General Applicability; Filing of Motions. 
 (a) This Agreement shall be applicable both before and after the institution of any Insolvency or Liquidation Proceeding involving any Borrower or any other Grantor, including, without limitation, the
filing of any petition by or against any Borrower or any other Grantor under the Bankruptcy Code or under any other Bankruptcy Law and all converted or subsequent cases in respect thereof, and all references herein to any Borrower or any Grantor
shall be deemed to apply to the trustee for such Borrower or such Grantor and such Borrower or such Grantor as debtor-in-possession. The relative rights of the First Lien Secured Parties and the Second Lien Secured Parties in or to any distributions
from or in respect of any Second Lien

  

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Collateral or proceeds of Second Lien Collateral shall continue after the institution of any Insolvency or Liquidation Proceeding involving any Borrower or any other Grantor, including, without
limitation, the filing of any petition by or against any Borrower or any other Grantor under the Bankruptcy Code or under any other Bankruptcy Law and all converted cases and subsequent cases, on the same basis as prior to the date of such
institution, subject to any court order approving the financing of, or use of cash collateral by, any Borrower or any other Grantor as debtor-in-possession, or any other court order affecting the rights and interests of the parties hereto not in
conflict with this Agreement. This Agreement shall constitute a Subordination Agreement for the purposes of Section 510(a) of the Bankruptcy Code and shall be enforceable in any Insolvency or Liquidation Proceeding in accordance with its terms.

 (b) Until the Discharge of First Lien Debt has occurred, the Second Lien Collateral Agent agrees on behalf of itself and the
other Second Lien Secured Parties that no Second Lien Secured Party shall, in or in connection with any Insolvency or Liquidation Proceeding, file any pleadings or motions, take any position at any hearing or proceeding of any nature, or otherwise
take any action whatsoever, in each case in respect of any of the Second Lien Collateral, including, without limitation, with respect to the determination of any Liens or claims held by the First Lien Agent (including the validity and enforceability
thereof) or any other First Lien Secured Party or Second Lien Secured Party or the value of any claims of such parties under Section 506(a) of the Bankruptcy Code or otherwise; provided that any Second Lien Agent may file a proof
of claim in an Insolvency or Liquidation Proceeding, subject to the limitations contained in this Agreement and only if consistent with the terms and the limitations on each Second Lien Agent imposed hereby. 
 6.2 Bankruptcy Financing. Until the Discharge of First Lien Debt has occurred, if any Grantor shall be subject to any Insolvency or
Liquidation Proceeding and the First Lien Agent shall desire to permit the use of “Cash Collateral” (as such term is defined in Section 363(a) of the Bankruptcy Code) which constitutes Second Lien Collateral securing the First Lien
Debt or to permit any Grantor to obtain financing from the First Lien Secured Parties under Section 364 of the Bankruptcy Code or any similar Bankruptcy Law (“DIP Financing”), then the Second Lien Collateral Agent, on behalf of itself
and the Second Lien Secured Parties, agrees that it will raise no objection to such Cash Collateral use or DIP Financing, insofar as its rights with respect to the Second Lien Collateral securing the First Lien Debt are affected, so long as
(i) the aggregate principal amount of such DIP Financing, together with the First Lien Debt as of such date, does not exceed the Maximum Priority First Lien Loan Debt, and the DIP Financing is treated as First Lien Debt hereunder,
(ii) such Cash Collateral use or DIP Financing is on commercially reasonable terms and, if required by applicable law, is approved by the governmental authority having jurisdiction over such Insolvency or Liquidation Proceeding, (iii) the
Second Lien Collateral Agent and the Second Lien Secured Parties retain the right to object to any ancillary agreements or arrangements regarding such Cash Collateral use or DIP Financing that are materially prejudicial to their interests and
(iv) such DIP Financing does not compel any Grantor to seek confirmation of a specific plan of reorganization for which all or substantially all of the material terms are set forth in the DIP Financing documentation or a related document and
the DIP Financing documentation or Cash Collateral order does not expressly require the liquidation of Second Lien Collateral prior to a default under the DIP Financing documentation or Cash Collateral order. To the extent the Liens securing the
First Lien Debt are subordinated to or pari passu with such DIP Financing which meets the requirements of clauses (i) through (iv) above,

  

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the Second Lien Collateral Agent will subordinate the Liens securing the Second Lien Debt in the Second Lien Collateral to the Liens securing such DIP Financing (and all obligations relating
thereto) and will not request adequate protection or any other relief in connection with its rights as a holder of Liens on the Second Lien Collateral (except as expressly agreed by the First Lien Agent or to the extent permitted by
Section 6.4). 
 6.3 Relief from the Automatic Stay. The Second Lien Collateral Agent, for itself and on behalf of
the other Second Lien Secured Parties, agrees that, so long as the Discharge of First Lien Debt has not occurred, no Second Lien Secured Party shall, without the prior written consent of the First Lien Agent, seek or request relief from or
modification of the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of any part of the Second Lien Collateral, any proceeds thereof or any Lien securing any of the Second Lien Debt. Notwithstanding anything to
the contrary set forth in this Agreement, no Grantor waives or shall be deemed to have waived any rights under Section 362 of the Bankruptcy Code. 
 6.4 Adequate Protection. 
 (a) Each Second Lien Agent, on behalf of itself
and the other Second Lien Secured Parties, agrees that none of them shall object, contest, or support any other Person objecting to or contesting, (i) any request by the First Lien Agent or any of the other First Lien Secured Parties for
adequate protection or any adequate protection provided to the First Lien Agent or other First Lien Secured Parties or (ii) any objection by the First Lien Agent or any of the other First Lien Secured Parties to any motion, relief, action or
proceeding based on a claim of a lack of adequate protection or (iii) the payment of interest, fees, expenses or other amounts to the First Lien Agent or any other First Lien Secured Party under Section 506(b) or 506(c) of the Bankruptcy
Code or otherwise. 
 (b) The Second Lien Collateral Agent, on behalf of itself and the other Second Lien Secured Parties,
agrees that none of them shall seek or accept adequate protection without the prior written consent of the First Lien Agent, except that the Second Lien Collateral Agent, for itself or on behalf of the other Second Lien Secured
Parties, shall be permitted (i) to obtain adequate protection in the form of the benefit of additional or replacement Liens on the Second Lien Collateral (including proceeds thereof arising after the commencement of any Insolvency or
Liquidation Proceeding), or additional or replacement collateral to secure the Second Lien Debt, in connection with any DIP Financing or use of cash collateral as provided for in Section 6.2 above, or in connection with any such adequate
protection obtained by First Lien Agent and the other First Lien Secured Parties, as long as in each case, the First Lien Agent is also granted such additional or replacement Liens or additional or replacement collateral and such Liens of the Second
Lien Collateral Agent or any other Second Lien Secured Party are subordinated to the Liens securing the First Lien Debt to the same extent as the Liens of the Second Lien Collateral Agent and the other Second Lien Secured Parties on the Second Lien
Collateral are subordinated to the Liens of First Lien Agent and the other First Lien Secured Parties hereunder and (ii) to obtain adequate protection in the form of reports, notices, inspection rights and similar forms of adequate protection
to the extent granted to the First Lien Agent and (iii) to seek and receive additional adequate protection of its junior interest in the Second Lien Collateral, subject to the provisions of this Agreement, in the form of a superpriority
administrative expense claim, including a claim arising under 11 U.S.C. § 507(b); provided, that, (A) any such superpriority

  

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administrative expense claim of Second Lien Collateral Agent shall be junior in all respect to any superpriority administrative expense claim granted to First Lien Agent with respect to such
Second Lien Collateral and (B) in the event that Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Parties, seeks or receives protection of its junior interest in the Second Lien Collateral and is granted a
superpriority administrative expense claim, including a claim arising under 11 U.S.C. § 507(b), then Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Parties, agrees that the First Lien Secured Parties shall
receives superpriority administrative expense claim which shall be senior in all respect so the superpriority administrative expense claim granted to Second Lien Collateral Agent with respect to the Second Lien Collateral. 
 6.5 Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of any reorganized Grantor secured
by Liens upon any property of such reorganized Grantor are distributed, pursuant to a plan of reorganization, on account of both the First Lien Debt and the Second Lien Debt, then, to the extent the debt obligations distributed on account of the
First Lien Debt and on account of the Second Lien Debt are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like
effect to the Liens securing such debt obligations. 
 6.6 Separate Classes. Each of the parties hereto irrevocably
acknowledges and agrees that (a) the claims and interests of the First Lien Secured Parties and the Second Lien Secured Parties are not “substantially similar” within the meaning of Section 1122 of the Bankruptcy Code, or any
comparable provision of any other Bankruptcy Law, (b) the grants of the Liens to secure the First Lien Debt and the grants of the Liens to secure the Second Lien Debt constitute two separate and distinct grants of Liens, (c) the First Lien
Secured Parties’ rights in the Second Lien Collateral are fundamentally different from the Second Lien Secured Parties’ rights in the Second Lien Collateral and (d) as a result of the foregoing, among other things, the First Lien Debt
and the Second Lien Debt must be separately classified in any plan of reorganization proposed or adopted in any Insolvency or Liquidation Proceeding. 
 6.7 Asset Dispositions. Until the Discharge of First Lien Debt has occurred, the Second Lien Collateral Agent, for itself and on behalf of the other Second Lien Secured Parties, agrees that, in the
event of any Insolvency or Liquidation Proceeding, the Second Lien Secured Parties will not object or oppose (or support any Person in objecting or opposing) a motion to any sale, lease, license, exchange, transfer or other disposition of any Second
Lien Collateral free and clear of the Liens of the Second Lien Collateral Agent and the other Second Lien Secured Parties or other claims under Section 363 of the Bankruptcy Code, or any comparable provision of any Bankruptcy Law and shall be
deemed to have consented to any such any sale, lease, license, exchange, transfer or other disposition of any Second Lien Collateral under Section 363(f) of the Bankruptcy Code that has been consented to by the First Lien Agent;
provided, that, (a) the proceeds of such sale, lease, license, exchange, transfer or other disposition of any Second Lien Collateral to be applied to the First Lien Debt or the Second Lien Debt are applied in accordance with
Section 4.1, and (b) any Second Lien Agent, on behalf of itself and the other Second Lien Secured Parties, may raise any objections to any such sale, lease, license, exchange, transfer or other disposition of any Second Lien Collateral
that could be raised by any creditor of Borrowers whose claims were not secured by any Liens on the Second Lien Collateral, provided that such

  

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objections (i) are not inconsistent with any other term or provision of this Agreement, and (ii) are not based on their status as secured creditors, including, without limitation any
objections based on rights afforded by Sections 363(e) and (f) of the Bankruptcy Code or any comparable provisions of any Bankruptcy Law. 
 6.8 Preference Issues. If any First Lien Secured Party is required in any Insolvency or Liquidation Proceeding or otherwise to turn over or otherwise pay to the estate of any Grantor any amount (a
“Recovery”), then the First Lien Debt shall be reinstated to the extent of such Recovery and the First Lien Secured Parties shall be entitled to a Discharge of First Lien Debt with respect to all such recovered amounts. If this Agreement
shall have been terminated prior to such Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination shall not diminish, release, discharge, impair or otherwise affect the obligations of the parties hereto from
such date of reinstatement. 
 6.9 Certain Waivers as to Section 1111(b)(2) of Bankruptcy Code. Each Second Lien
Agent, for itself and on behalf of the other Second Lien Secured Parties, waives any claim any Second Lien Secured Party may hereafter have against any First Lien Secured Party arising out of the election by any First Lien Secured Party of the
application of Section 1111(b)(2) of the Bankruptcy Code, or any comparable provision of any other Bankruptcy Law. The First Lien Agent, for itself and on behalf of the other First Lien Secured Parties, waives any claim any First Lien Secured
Party may hereafter have against any Second Lien Secured Party arising out of the election by any Second Lien Secured Party of the application of Section 1111(b)(2) of the Bankruptcy Code or any comparable provision of any other Bankruptcy Law.

 6.10 Other Bankruptcy Laws. In the event that an Insolvency of Liquidation Proceeding is filed in a jurisdiction other
than the United States or is governed by any Bankruptcy Law other than the Bankruptcy Code, each reference in this Agreement to a section of the Bankruptcy Code shall be deemed to refer to the substantially similar or corresponding provision of the
Bankruptcy Law applicable to such Insolvency or Liquidation Proceeding, or in the absence of any specific similar or corresponding provision of the Bankruptcy Law, such other general Bankruptcy Law as may be applied in order to achieve substantially
the same result as would be achieved under each applicable section of the Bankruptcy Code. 
 Section 7. Second Lien
Debtholders’ Purchase Option  
 7.1 Exercise of Option. On or after the occurrence and during the continuance
of an event of default under the First Lien Loan Agreement and either the acceleration of all of the First Lien Debt or the receipt by the Second Lien Collateral Agent of written notice from First Lien Agent of its intention to commence to foreclose
or take any similar action to realize upon the Second Lien Collateral as provided in Section 7.5 below, the Second Lien Secured Parties shall have the option at any time within thirty (30) days of such acceleration or written notice, upon
five (5) Business Days’ prior written notice by the Second Lien Collateral Agent to First Lien Agent, to purchase all (but not less than all) of the First Lien Debt from the First Lien Secured Parties. Such notice from the Second Lien
Collateral Agent to First Lien Agent shall be irrevocable. 
  

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 7.2 Purchase and Sale. On the date specified by the Second Lien Collateral Agent in
such notice (which shall not be less than five (5) Business Days, nor more than (a) ten (10) days, after the receipt by First Lien Agent of the notice from the Second Lien Collateral Agent of its election to exercise such option or
(b) thirty (30) days after such acceleration or written notice from First Lien Agent provided pursuant to Section 7.1 above), First Lien Secured Parties shall, subject to any required approval of any court or other regulatory or
governmental authority then in effect, if any, sell to Second Lien Secured Parties, and Second Lien Secured Parties shall purchase from First Lien Secured Parties, all of the First Lien Debt. Notwithstanding anything to the contrary contained
herein, in connection with any such purchase and sale, First Lien Secured Parties shall retain all rights under the First Lien Documents to be indemnified or held harmless by Grantors in accordance with the terms thereof. 
 7.3 Payment of Purchase Price. 
 (a) Upon the date of such purchase and sale, Second Lien Secured Parties shall (i) pay to First Lien Agent for the account of the First Lien Secured Parties as the purchase price therefor the full
amount of all of the First Lien Debt then outstanding and unpaid (including principal, interest, fees and expenses, including reasonable attorneys’ fees and legal expenses), (ii) furnish cash collateral to First Lien Agent in such amounts
as First Lien Agent determines is reasonably necessary to secure First Lien Secured Parties in connection with any issued and outstanding letters of credit issued under the First Lien Documents (but not in any event in an amount greater than one
hundred five (105%) percent of the aggregate undrawn face amount of such letters of credit), (iii) agree to reimburse First Lien Secured Parties for any loss, cost, damage or expense (including reasonable attorneys’ fees and legal
expenses) in connection with any commissions, fees, costs or expenses related to any issued and outstanding letters of credit as described above and any checks or other payments provisionally credited to the First Lien Debt, and/or as to which First
Lien Secured Parties have not yet received final payment, and (iv) agree to reimburse First Lien Secured Parties in respect of indemnification obligations of Grantors under the First Lien Documents as to matters or circumstances known to First
Lien Secured Parties and disclosed in writing to the Second Lien Collateral Agent (unless such disclosure is not permitted under applicable law) at the time of the purchase and sale which would reasonably be expected to result in any loss, cost,
damage or expense (including reasonable attorneys’ fees and legal expenses) to First Lien Secured Parties. 
 (b) Such
purchase price and cash collateral shall be remitted by wire transfer in federal funds to such bank account of First Lien Agent as First Lien Agent may designate in writing to the Second Lien Collateral Agent for such purpose. Interest shall be
calculated to but excluding the Business Day on which such purchase and sale shall occur if the amounts so paid by Second Lien Secured Parties to the bank account designated by First Lien Agent are received in such bank account prior to 12:00 noon,
New York City time and interest shall be calculated to and including such Business Day if the amounts so paid by Second Lien Secured Parties to the bank account designated by First Lien Agent are received in such bank account later than 12:00 noon,
New York City time. 
 7.4 Representations Upon Purchase and Sale. Such purchase shall be expressly made without
representation or warranty of any kind by First Lien Secured Parties as to the First Lien Debt, the Second Lien Collateral or otherwise and without recourse to First Lien Secured Parties,

  

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except that each First Lien Secured Party shall represent and warrant, severally, as to it: (a) the amount of the First Lien Debt being purchased from it are as reflected in the books and
records of such First Lien Secured Party (but without representation or warranty as to the collectibility, validity or enforceability thereof), (b) that such First Lien Secured Party owns the First Lien Debt being sold by it free and clear of
any liens or encumbrances and (c) such First Lien Secured Party has the right to assign the First Lien Debt being sold by it and the assignment is duly authorized. Upon the purchase by Second Lien Secured Parties of the First Lien Debt, Second
Lien Secured Parties agree to indemnify and hold First Lien Secured Parties harmless from and against all loss, cost, damage or expense (including reasonable attorneys’ fees and legal expenses) suffered or incurred by First Lien Secured Parties
arising from or in any way relating to acts or omissions of First Lien Agent or any of the other Second Lien Secured Parties after the purchase. 
 7.5 Notice from First Lien Agent Prior to Enforcement Action. First Lien Agent agrees that it will give each Second Lien Agent five (5) Business Days prior written notice of its intention to
commence any foreclosure or other action to sell or otherwise realize upon the Second Lien Collateral. In the event that during such five (5) Business Day period, the Second Lien Collateral Agent shall send to First Lien Agent the irrevocable
notice of the intention of the Second Lien Secured Parties to exercise the purchase option given by First Lien Secured Parties to Second Lien Secured Parties under this Section 7, First Lien Secured Parties shall not commence any foreclosure or
other action to sell or otherwise realize upon the Second Lien Collateral, provided, that, the purchase and sale with respect to the First Lien Debt provided for herein shall have closed within five (5) Business Days thereafter
and First Lien Secured Parties shall have received final payment in full of the First Lien Debt as provided for herein within such five (5) Business Day period. 
 Section 8. Reliance; Waivers; etc. 
 8.1 Reliance. The consent
by the First Lien Secured Parties to the execution and delivery of the Second Lien Documents and the grant to the Second Lien Collateral Agent on behalf of the Second Lien Secured Parties of a Lien on the Second Lien Collateral and all loans and
other extensions of credit made or deemed made on and after the date hereof by the First Lien Secured Parties to any Grantor shall be deemed to have been given and made in reliance upon this Agreement. 
 8.2 No Warranties or Liability. Each Second Lien Agent, for itself and on behalf of the other Second Lien Secured Parties,
acknowledges and agrees that each of the First Lien Agent and the other First Lien Secured Parties have made no express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectibility
or enforceability of any of the First Lien Documents, the ownership of any Second Lien Collateral or the perfection or priority of any Liens thereon. Each Second Lien Agent agrees, for itself and on behalf of the other Second Lien Secured Parties,
that the First Lien Secured Parties will be entitled to manage and supervise their respective loans and extensions of credit under the First Lien Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate,
and the First Lien Secured Parties may manage their loans and extensions of credit without regard to any rights or interests that any Second Lien Agent or any of the other Second Lien Secured Parties have in the Second Lien Collateral or otherwise,
except as

  

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otherwise provided in this Agreement. Neither the First Lien Agent nor any of the other First Lien Secured Parties shall have any duty to any Second Lien Agent or any of the other Second Lien
Secured Parties to act or refrain from acting in a manner which allows, or results in, the occurrence or continuance of an event of default or default under any agreements with any Grantor (including the Second Lien Documents), regardless of any
knowledge thereof which they may have or be charged with. 
 8.3 No Waiver of Lien Priorities. 
 (a) No right of the First Lien Agent or any of the other First Lien Secured Parties to enforce any provision of this Agreement or any of the
First Lien Documents shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Grantor or by any act or failure to act by First Lien Agent or any other First Lien Secured Party, or by any noncompliance by
any Person with the terms, provisions and covenants of this Agreement, any of the First Lien Documents or any of the Second Lien Documents, regardless of any knowledge thereof which the First Lien Agent or any of the other First Lien Secured Parties
may have or be otherwise charged with. 
 (b) Without in any way limiting the generality of the foregoing paragraph (but subject
to the rights of the Grantors under the First Lien Documents), the First Lien Agent and any of the other First Lien Secured Parties may, at any time and from time to time, without the consent of, or notice to, the Second Lien Collateral Agent or any
other Second Lien Secured Party, without incurring any liabilities to the Second Lien Collateral Agent or any other Second Lien Secured Party and without impairing or releasing the Lien priorities and other benefits provided in this Agreement (even
if any right of subrogation or other right or remedy of the Second Lien Collateral Agent or any other Second Lien Secured Party is affected, impaired or extinguished thereby) do any one or more of the following: 
 (i) change the manner, place or terms of payment or change or extend the time of payment of, or amend, renew, exchange, increase or alter,
the terms of any of the First Lien Debt or any Lien on any Second Lien Collateral or guaranty thereof or any liability of any Grantor, or any liability incurred directly or indirectly in respect thereof (including any increase in or extension of the
First Lien Debt, without any restriction as to the amount, tenor or terms of any such increase or extension) or otherwise amend, renew, exchange, extend, modify or supplement in any manner any Liens held by the First Lien Agent or any of the other
First Lien Secured Parties, the First Lien Debt or any of the First Lien Documents; except that Second Lien Secured Parties shall not be deemed to consent to any amendment, modification or waiver to the First Lien Documents that:

 (A) result in the sum of (i) the aggregate principal amount of loans outstanding under the First Lien Documents, plus
(ii) the unused portion of the revolving commitments under the First Lien Documents, plus (iii) the aggregate face amount of all letters of credit issued or deemed issued and outstanding under the First Lien Documents (in the case of each
of the foregoing clauses (i), (ii) and (iii), as determined after giving effect to such amendment, modification or waiver) exceeding the Maximum Priority First Lien Debt, 
  

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 (B) increase the “Applicable Margins” or similar component of the interest rate
under the First Lien Loan Agreement in a manner that would result in the total yield on the First Lien Date to exceed by more than two (2%) percent per annum the total yield on the First Lien Debt as in effect on the date hereof (excluding
increases resulting from the accrual or payment of interest at the default rate), 
 (C) modify or add any covenant or event of
default under the First Lien Documents that directly restricts any Borrower or its subsidiaries from making payments of the Second Lien Debt that would otherwise be permitted under the First Lien Documents as in effect on the date hereof,

 (D) contractually subordinate the Liens of the First Lien Secured Parties to any other debt of Grantors, 
 (E) extend the stated maturity date of the Indebtedness under the First Lien Loan Agreement to a date beyond the stated maturity date of
the indebtedness under the Second Lien Note Indenture (as in effect on the date hereof or as hereafter extended), it being understood that any date on which any mandatory prepayment has to be made shall not be constructed to constitute a
“stated maturity date” under the Second Lien Note Indenture, 
 (F) contravene the provisions of this Agreement;

 (G) remove or release assets subject to the Lien of the Second Lien Documents, except to the extent that a release of such
Lien is permitted or required by Section 3.5 or consented to by the Second Lien Collateral Agent or the Second Lien Secured Parties and provided that there is a corresponding release of the Liens securing the applicable First Lien Obligations;

 (H) impose duties on any Second Lien Agent without its prior written consent; 
 (I) permit other Liens on the Second Lien Collateral not permitted under the terms of the Second Lien Documents or Section 6; or

 (J) are prejudicial to the interests of the Second Lien Secured Parties to a greater extent than the First Lien Secured
Parties. 
 (ii) sell, exchange, release, surrender, realize upon, enforce or otherwise deal with in any manner and in any order
any part of the Second Lien Collateral or any liability of any Grantor to the First Lien Agent or any of the other First Lien Secured Parties, or any liability incurred directly or indirectly in respect thereof in accordance with the terms hereof;

 (iii) settle or compromise any of the First Lien Debt or any other liability of any Grantor or any security therefor or any
liability incurred directly or indirectly in respect thereof and apply any sums by whomsoever paid and however realized to any liability (including the First Lien Debt) in any manner or order; and 
  

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 (iv) exercise or delay in or refrain from exercising any right or remedy against any
Grantor or any other Person, elect any remedy and otherwise deal freely with any Grantor or any Second Lien Collateral and any security and any guarantor or any liability of any Grantor to any of the First Lien Secured Parties or any liability
incurred directly or indirectly in respect thereof. 
 (c) The Second Lien Collateral Agent, for itself and on behalf of the
Second Lien Secured Parties, also agrees that the First Lien Agent and the other First Lien Secured Parties shall have no liability with respect to any actions which the First Lien Agent or any of the other First Lien Secured Parties may take or
permit or omit to take with respect to: (i) the First Lien Documents, (ii) the collection of the First Lien Debt or (iii) the foreclosure upon, or sale, liquidation or other disposition of, any Second Lien Collateral. The Second Lien
Collateral Agent, for itself and on behalf of the Second Lien Secured Parties, agrees that the First Lien Secured Parties and the other First Lien Agent have no duty to them in respect of the maintenance or preservation of the Second Lien
Collateral, the First Lien Debt or otherwise. 
 (d) The Second Lien Collateral Agent agrees not to assert and hereby waives, to
the fullest extent permitted by law, any right to demand, request, plead or otherwise assert or otherwise claim the benefit of, any marshalling, appraisal, valuation or other similar right that may otherwise be available under applicable law with
respect to the Second Lien Collateral or any other similar rights a junior secured creditor may have under applicable law. 
 8.4 Obligations Unconditional. All rights, interests, agreements and obligations of the First Lien Agent and the other First Lien Secured Parties and each Second Lien Agent and the other Second Lien Secured Parties, respectively,
hereunder shall remain in full force and effect irrespective of: 
 (a) any lack of validity or enforceability of any First Lien
Documents or any Second Lien Documents; 
 (b) any change in the time, manner or place of payment of, or in any other terms of,
all or any of the First Lien Debt or Second Lien Debt, or any amendment or waiver or other modification, including any increase in the amount thereof, whether by course of conduct or otherwise, of the terms of the First Lien Loan Agreement or any of
the other First Lien Documents or of the terms of the Second Lien Note Indenture or any of the other Second Lien Documents; 
 (c) any exchange of any security interest in any Second Lien Collateral or any other collateral, or any amendment, waiver or other modification, whether in writing or by course of conduct or otherwise, of all or any of the First Lien Debt
or Second Lien Debt or any guarantee thereof; 
 (d) the commencement of any Insolvency or Liquidation Proceeding in respect of
any Grantor; or 
 (e) any other circumstances which otherwise might constitute a defense available to, or a discharge of, any
Grantor in respect of the First Lien Debt, or of any Second Lien Agent or any of the other Second Lien Secured Parties in respect of this Agreement. 
  

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 Section 9. Miscellaneous. 
 9.1 Conflicts. In the event of any conflict between the provisions of this Agreement and the provisions of the First Lien Documents
or the Second Lien Documents, the provisions of this Agreement shall govern. 
 9.2 Continuing Nature of this Agreement;
Severability. This Agreement shall continue to be effective until the Discharge of First Lien Debt shall have occurred or the final payment in full in cash of the Second Lien Debt and the termination and release by each Second Lien Secured Party
of any Liens to secure the Second Lien Debt. This is a continuing agreement of lien subordination and the First Lien Secured Parties may continue, at any time and without notice to any Second Lien Agent or any other Second Lien Secured Party, to
extend credit and other financial accommodations and lend monies to or for the benefit of any Grantor constituting First Lien Debt in reliance hereof. Each Second Lien Agent, for itself and on behalf of the Second Lien Secured Parties, hereby waives
any right it may have under applicable law to revoke this Agreement or any of the provisions of this Agreement. The terms of this Agreement shall survive, and shall continue in full force and effect, in any Insolvency or Liquidation Proceeding. Any
provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall not invalidate the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction. 
 9.3 When Discharge of First Lien Debt Deemed to Not Have Occurred. If
substantially contemporaneously with the Discharge of First Lien Debt, Borrowers refinance indebtedness outstanding under the First Lien Documents, then after written notice to the Second Lien Collateral Agent, (a) the indebtedness and other
obligations arising pursuant to such refinancing of the then outstanding indebtedness under the First Lien Documents shall automatically be treated as First Lien Debt for all purposes of this Agreement, including for purposes of the Lien priorities
and rights in respect of Second Lien Collateral set forth herein, (b) the credit agreement and the other loan documents evidencing such new indebtedness shall automatically be treated as the First Lien Loan Agreement and the First Lien
Documents for all purposes of this Agreement and (c) the administrative agent under the new First Lien Loan Agreement shall be deemed to be the First Lien Agent for all purposes of this Agreement. Upon receipt of notice of such refinancing
(including the identity of the new First Lien Agent), each Second Lien Agent shall promptly enter into such documents and agreements (including amendments or supplements to this Agreement) as the Borrowers or the new First Lien Agent may reasonably
request in order to provide to the new First Lien Agent the rights of the First Lien Agent contemplated hereby. 
 9.4
Amendments to Second Lien Documents. Without the prior written consent of the First Lien Agent, no Second Lien Agreement may be amended, supplemented or otherwise modified or entered into to the extent such amendment, supplement or
modification, or the terms of any new Second Lien Agreement, would be prohibited by or inconsistent with any of the terms of the First Lien Documents. Each Second Lien Agent agrees that each Second Lien Agreement that is a security agreement shall
include the following language (or language to similar effect approved by the First Lien Agent): 
  

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 “Notwithstanding anything herein to the contrary, the lien and security interest
granted to the Second Lien Collateral Agent pursuant to this Agreement and the exercise of any right or remedy by Second Lien Collateral Agent hereunder are subject to the provisions of the Intercreditor Agreement, dated as of October
    , 2009 (as amended, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), among Wachovia Bank, National Association, as First Lien Agent, Deutsche Bank Trust Company Americas,
as Original Second Lien Agent and Second Lien Collateral Agent, any Additional Second Lien Agent, and             . In the event of any conflict between the terms of the
Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement shall govern.” 
 9.5 Amendments;
Waivers. No amendment, modification or waiver of any of the provisions of this Agreement by any Second Lien Agent or the First Lien Agent shall be deemed to be made unless the same shall be in writing signed on behalf of the party making the
same or its authorized agent and each waiver, if any, shall be a waiver only with respect to the specific instance involved and shall in no way impair the rights of the parties making such waiver or the obligations of the other parties to such party
in any other respect or at any other time. The Grantors shall not have any right to consent to or approve any amendment, modification or waiver of any provision of this Agreement except to the extent their rights or obligations are directly
affected. 
 9.6 Subrogation. The Second Lien Collateral Agent, for itself and on behalf of the Second Lien Secured
Parties, hereby waives any rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of First Lien Debt has occurred. 
 9.7 Consent to Jurisdiction; Waivers. The parties hereto consent to the jurisdiction of any state or federal court located in New York, New York, and consent that all service of process may be made
by registered mail directed to such party as provided in Section 9.6 below for such party. Service so made shall be deemed to be completed three (3) days after the same shall be posted as aforesaid. The parties hereto waive any objection
to any action instituted hereunder based on forum non conveniens, and any objection to the venue of any action instituted hereunder. Each of the parties hereto waives any right it may have to trial by jury in respect of any litigation based on, or
arising out of, under or in connection with this Agreement or any other Loan Document, or any course of conduct, course of dealing, verbal or written statement or action of any party hereto. 
 9.8 Notices. All notices to the Second Lien Secured Parties and the First Lien Secured Parties permitted or required under this
Agreement may be sent to the applicable Second Lien Agent and the First Lien Agent, respectively. Unless otherwise specifically provided herein, any notice or other communication herein required or permitted to be given shall be in writing and may
be personally served, electronically mailed in pdf. format or sent by courier service, facsimile transmission or U.S. mail and shall be deemed to have been given when delivered in person or by courier service, upon receipt of a facsimile
transmission or electronic mail in pdf. format or four (4) Business Days after deposit in the U.S. mail (registered or certified, with

  

 31 

 
postage prepaid and properly addressed). For the purposes hereof, the addresses of the parties hereto shall be as set forth below (or in the case of an Additional Second Lien Agent, as set forth
on the signature page executed and delivered by such Additional Second Lien Agent) , or, as to each party, at such other address as may be designated by such party in a written notice to all of the other parties. 
 Original Second Lien Agent and Second Lien Collateral Agent: 
 Deutsche Bank Trust Company Americas 
 60 Wall Street, 27th Floor 
 MS: NYC60-2710 
 New York, New York 10005 

			
	 Attention:
	 	Trust and Securities Services
		 	Project Finance Manager

 Facsimile No.: 732-578-4636 
 First Lien Agent: 
 Wachovia Bank, National Association 
 171 17th Street, NW

 Atlanta, Georgia 30363 
 Attention: Portfolio Manager 
 Facsimile No. 404-214-7299 
 Each Grantor: 
 Associated Materials, LLC 
 3773 State Road 
 Cuyahoga Falls, Ohio 44223 
 Attention: Mr. Stephen E. Graham, CFO 
 Facsimile No.: 330-922-2296 
 9.9 Further Assurances. Each Second Lien Agent agrees that it shall, for itself and on behalf of the Second Lien Secured Parties, take such further action and shall execute and deliver to the First
Lien Agent such additional documents and instruments (in recordable form, if requested) as the First Lien Agent may reasonably request to effectuate the terms of and the lien priorities contemplated by this Agreement. The Grantors shall cause each
entity that becomes a Borrower or a Guarantor after the date of this agreement to execute a counterpart of this Agreement and a Lien Sharing Confirmation, on the date on which it becomes a Guarantor or Borrower. 
 9.10 Consent to Jurisdiction; Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY CONSENTS TO THE NON-EXCLUSIVE
JURISDICTION OF THE SUPREME COURT OF THE STATE OF NEW YORK IN NEW YORK COUNTY AND THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK AND WAIVES TRIAL BY JURY IN ANY ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT.

  

 32 

 9.11 Governing Law. The validity, construction and effect of this Intercreditor
Agreement shall be governed by the internal laws of the State of New York but excluding any principles of conflicts of law or any other rule of law that would result in the application of the law of any jurisdiction other than the laws of the State
of New York. 
 9.12 Binding on Successors and Assigns. This Agreement shall be binding upon the First Lien Agent, the
other First Lien Secured Parties, any Second Lien Agent, the other Second Lien Secured Parties, Grantors and their respective permitted successors and assigns. 
 9.13 Specific Performance. The First Lien Agent may demand specific performance of this Agreement. Each Second Lien Agent, for itself and on behalf of the Second Lien Secured Parties, hereby
irrevocably waives any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any action which may be brought by the First Lien Agent. 
 9.14 Section Titles; Time Periods. The section titles contained in this Agreement are and shall be without substantive meaning or
content of any kind whatsoever and are not a part of this Agreement. 
 9.15 Counterparts; Electronic Transmission. This
Agreement may be executed in one or more counterparts, each of which shall be an original and all of which shall together constitute one and the same document. The exchange of copies of this Agreement and of signature pages by facsimile or pdf.
transmission shall constitute effective execution and delivery of this Agreement as to the parties hereto and may be used in lieu of the original Agreement for all purposes. Signatures of the parties hereto transmitted by facsimile of pdf. shall be
deemed to be their original signatures for all purposes. 
 9.16 Authorization. By its signature, each Person executing
this Agreement on behalf of a party hereto represents and warrants to the other parties hereto that it is duly authorized to execute this Agreement. 
 9.17 No Third Party Beneficiaries. This Agreement and the rights and benefits hereof shall inure to the benefit of each of the parties hereto and their respective successors and assigns and shall
inure to the benefit of each of the holders of First Lien Debt and Second Lien Debt. No other Person shall have or be entitled to assert rights or benefits hereunder. 
  

 33 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
written above. 
  

			
	BORROWERS
	
	ASSOCIATED MATERIALS, LLC
		
	 By:
	 	 /s/ Stephen E. Graham

	 Name:
	 	 Stephen E. Graham

	 Title:
	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

	
	GENTEK BUILDING PRODUCTS, INC.
		
	 By:
	 	 /s/ Stephen E. Graham

	 Name:
	 	 Stephen E. Graham

	 Title:
	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

	
	ASSOCIATED MATERIALS CANADA LIMITED formerly known as Gentek Building Products Limited
		
	 By:
	 	 /s/ David Brown

	 Name:
	 	 David Brown

	 Title:
	 	 President

	
	GENTEK BUILDING PRODUCTS LIMITED PARTNERSHIP
		
	 By:
	 	 Gentek Canada Holdings Limited,
 its general partner

		
	 By:
	 	 /s/ Stephen E. Graham

	 Name:
	 	 Stephen E. Graham

	 Title:
	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

	
	GUARANTORS
	
	ASSOCIATED MATERIALS HOLDINGS, LLC
		
	 By:
	 	 /s/ Stephen E. Graham

	 Name:
	 	 Stephen E. Graham

	 Title:
	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

 [Signature Page Associated Materials Intercreditor Agreement] 

			
	 ASSOCIATED MATERIALS FINANCE, INC.

		
	 By:
	 	 /s/ John Stansberry

	 Name:
	 	 John Stansberry

	 Title:
	 	 President and Chief Executive Officer

	
	 GENTEK HOLDINGS, LLC

		
	 By:
	 	 /s/ Stephen E. Graham

	 Name:
	 	 Stephen E. Graham

	 Title:
	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

	
	 GENTEK CANADA HOLDINGS LIMITED

		
	 By:
	 	 /s/ Stephen E. Graham

	 Name:
	 	 Stephen E. Graham

	 Title:        
	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

 [Signature Page Associated Materials Intercreditor Agreement] 

			
	ORIGINAL SECOND LIEN AGENT
	
	 DEUTSCHE BANK TRUST COMPANY AMERICAS,
 as the Original Second Lien Agent

		
	 By:
	 	 /s/ Wanda Camacho

		
	 Title:
	 	 Vice President

		
	 By:
	 	 /s/ Annie Jaghatspanyan

		
	 Title:
	 	 Vice President

	
	SECOND LIEN COLLATERAL AGENT
	
	 DEUTSCHE BANK TRUST COMPANY AMERICAS,
 as the Second Lien Collateral Agent

		
	 By:
	 	 /s/ Wanda Camacho

		
	 Title:
	 	 Wanda Camacho

		
	 By:
	 	 /s/ Annie Jaghatspanyan

		
	 Title:
	 	 Vice President

  
 [Signature Page
Associated Materials Intercreditor Agreement] 

			
	 FIRST LIEN AGENT

	
	WACHOVIA BANK, NATIONAL ASSOCIATION, as First Lien Agent
		
	By:	 	  /s/ Dan Denton

	Name:	 	  Dan Denton

	Title:	 	  Director

  
 [Signature Page
Associated Materials Intercreditor Agreement] 

 To accept and agree the terms of that certain Intercreditor Agreement, dated as of
     October, 2009, among Wachovia Bank, National Association, in its capacity as administrative and collateral agent for the First Lien Secured Parties,
                    , in its capacity as trustee and collateral agent for the Second Lien Secured Parties, Associated Materials, LLC, a
Delaware limited liability company, Gentek Building Products, Inc., a Delaware corporation, Associated Materials Canada Limited formerly known as Gentek Building Products Limited, a corporation incorporated under the laws of the Province of Ontario,
Canada, and Gentek Building Products Limited Partnership, an Ontario limited partnership, Associated Materials Holdings, LLC, a Delaware limited liability company, Associated Materials Finance, Inc., a Delaware corporation , Gentek Holdings, LLC, a
Delaware limited liability company, and Gentek Canada Holdings Limited, an Ontario corporation and any Additional Second Lien Agent party thereto: 
  

			
	 ADDITIONAL SECOND LIEN
 AGENT/BORROWER/GUARANTOR

	
	                     ,
 as an
Additional Second Lien Agent

		
	By:	 	   

		
	Title:	 	   

 Address for Notices (Section 9.8): 
  

					
	                                
	 		 	
	                               	 		 	
	                               	 		 	
	                               	 		 	
	Attention:
                                         
  	 	
	Facsimile
No.:Second Amendment to the Credit Facilities

 Exhibit 10.2 
 AMENDMENT NO. 2 TO 
 LOAN AND SECURITY AGREEMENT AND CONSENT

 AMENDMENT NO. 2 TO LOAN AND SECURITY AGREEMENT AND CONSENT, dated as of October 23, 2009 (this “Amendment
No. 2”), by and among Wachovia Bank, National Association, a national banking association, in its capacity as administrative agent pursuant to the Loan Agreement (as hereinafter defined) acting for and on behalf of the parties thereto as
lenders (in such capacity, “Agent”), certain of the parties to the Loan Agreement as lenders (individually, each a “Lender” and collectively, “Lenders”), Associated Materials, LLC, a Delaware limited liability company
(“Associated”), Gentek Building Products, Inc., a Delaware corporation (“Gentek”), Associated Materials Canada Limited formerly known as Gentek Building Products Limited, a corporation incorporated under the laws of the Province
of Ontario, Canada (“Associated Canada”), and Gentek Building Products Limited Partnership, an Ontario limited partnership (“GBPLP”, and together with Associated, GBPI and Associated Canada, collectively “Borrowers”),
Associated Materials Holdings, LLC, a Delaware limited liability company (“Associated Holdings”), Associated Materials Finance, Inc., a Delaware corporation formerly known as Alside (“Associated Finance”), Gentek Holdings, LLC, a
Delaware limited liability company (“Gentek Holdings”), and Gentek Canada Holdings Limited, an Ontario corporation (“Gentek Canada Holdings”, and together with Associated Holdings, Alside and Gentek Holdings, collectively
“Guarantors”). 
 W I T N E S S E T H :

 WHEREAS, Agent, Lenders, Borrowers and Guarantors have entered into financing arrangements pursuant to which Agent and
Lenders have made and may make loans and advances and provide other financial accommodations to Borrowers as set forth in the Loan and Security Agreement, dated October 3, 2008, by and among Agent, Lenders, Borrowers and Guarantors, as amended
by Amendment No. 1 to Loan and Security Agreement, dated June 11, 2009 (as the same now exists and may hereafter be further amended, modified, supplemented, extended, renewed, restated or replaced, the “Loan Agreement”) and the
agreements, documents and instruments at any time executed and/or delivered in connection therewith or related thereto (collectively, together with the Loan Agreement, the “Loan Documents”); 
 WHEREAS, Associated and Associated Finance propose to incur up to $300,000,000 of Indebtedness the proceeds of which will be used by
Associated to (i) retire all or a portion of the Opco Notes, (ii) retire all or a portion of the AMI New Notes, (iii)(x) to make one or more intercompany loans to either AMH Holdings, LLC (“AMH”) or AMH Holdings II, Inc.
(“AMH II”) and/or one or more Restricted Payments to Parent all of the proceeds of which will be paid by Parent to AMH to enable AMH and/or AMH II to retire all or a portion of the Holdings I Notes and/or the Holdings II Notes or
(y) to purchase all or a portion of the Holdings I Notes and/or the Holdings II Notes, and dividend any such Holdings I Notes and/or Holdings II Notes up to Parent, who shall dividend such Holdings I Notes and/or Holdings II Notes up to AMH
and/or AMH II, as applicable, for cancellation or (iv) to repay Revolving Loans under the Loan Agreement, the proceeds of which are used for the purposes under the foregoing clause (iii), in the case of all of the foregoing subject to the terms
and conditions set forth herein; 

 WHEREAS, the Indebtedness of Associated and Associated Finance arising under the New Opco
Note Indenture Documents will be and the Additional New Opco Debt may be guaranteed by US Borrowers (other than Associated) and US Guarantors and secured by certain assets of US Borrowers and US Guarantors which security interests and liens shall be
junior and subordinate to the security interests and liens of Agent therein; 
 WHEREAS, Borrowers and Guarantors have requested
that Agent and Lenders consent to (a) the incurring by Associated and Associated Finance of the Indebtedness under the New Opco Note Indenture Documents and the Additional New Opco Debt Documents, (b) guarantees by US Borrowers (other than
Associated) and US Guarantors of such Indebtedness, (c) the grant of the subordinate security interests by US Borrowers and US Guarantors to the New Opco Notes Collateral Agent, (d) the redemption or discharge by Associated of all or a
portion of the Opco Notes with the proceeds of the issuance of New Opco Notes under the New Opco Note Indenture Documents, (e) the redemption or discharge by Associated of all or a portion of the AMI New Notes with the proceeds of the issuance
of New Opco Notes under the New Opco Note Indenture Documents, (f) (i) one or more intercompany loans to either AMH or AMH II and/or one or more Restricted Payments by Associated to Parent, in either case with all or a portion of the
proceeds of the issuance of the Additional New Opco Debt, subject to restrictions on Restricted Payments in the Loan Agreement and/or (ii) the purchase by Associated of all or a portion of the Holdings I Notes and the Holdings II Notes with the
proceeds of the Additional New Opco Debt, and the distribution of such Notes to Parent for further distribution to AMH and/or AMH II, as applicable, for cancellation, so long as the amount of such purchase does not exceed the amount that Associated
would be permitted to dividend to Parent as a Restricted Payment, and (g) certain related amendments to the Loan Agreement; and 
 WHEREAS, Agent and Required Lenders are willing to provide such consents and to make such amendments to the extent and subject to terms and conditions set forth herein. 
 NOW, THEREFORE, in consideration of the mutual conditions and agreements and covenants set forth herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
  

	1.	Definitions. 

 1.1
Additional Definitions. As used herein, the following terms shall have the respective meanings given to them below and the Loan Agreement shall be deemed and is hereby amended to include, in addition and not in limitation of, each of the
following definitions: 
 (a) “Additional New Opco Debt” shall mean, collectively, debt issued by Associated or
Associated and Associated Finance (which may be guaranteed by the New Opco Notes Guarantors) on or after the Amendment No. 2 Effective Date, other than the Indebtedness evidenced by the New Opco Notes which, in the aggregate original principal
amount, together with the original principal amount of the New Opco Notes, does not exceed $300,000,000, which debt (and guarantees) (i) may be secured or unsecured, senior or subordinated, (ii) if secured, shall be subject to the
Intercreditor Agreement and (iii) shall be subject to the terms of an indenture or other operative documents with respect thereto, pursuant to which in any case: (A) no scheduled principal amount shall be payable prior to the date that is
six (6) months after the 
  

 2 

 Maturity Date of the Loan Agreement and the stated maturity date with respect to such debt shall be not
sooner than the date that is six (6) months after the Maturity Date of the Loan Agreement, (B) unless Required Lenders shall otherwise agree in writing (1) the covenants set forth in such indenture shall not be more restrictive or
otherwise materially different from those set forth in the New Opco Note Indenture and (2) if such debt is unsecured or secured on terms materially different from those applicable to the New Opco Notes, neither cash interest payments nor the
rate of interest applicable to such payments shall be materially greater than with respect to the New Opco Notes. 
 (b)
“Additional New Opco Debt Documents” shall mean any loan agreement, indenture, note purchase agreement, guarantee, security agreement, mortgage, account control agreement or other documents evidencing the Additional New Opco Debt.

 (c) “Amendment No. 2” shall mean this Amendment No. 2 to Loan and Security Agreement and Consent by and
among Agent, Lenders, Borrowers and Guarantors, as the same now exists and may hereafter be further amended, modified, supplemented, extended, renewed, restated or replaced. 
 (d) “Amendment No. 2 Effective Date” shall mean the earlier to occur of (i) the Election Date (as defined in
Section 13(a) of this Amendment No. 2) and (ii) the date of the first issuance of any New Opco Notes or Additional New Opco Debt. 
 (e) “Intercreditor Agreement” shall mean an Intercreditor Agreement, in substantially the form appended hereto as Exhibit A, dated the date of the first issuance of any New Opco Notes or
Additional New Opco Debt, by and among Agent, New Opco Notes Collateral Agent, Associated, Associated Finance and the New Opco Notes Guarantors, as the same exists on such date or may thereafter be amended, modified, supplemented, extended, renewed,
restated or replaced (including by the joinder thereto of any additional second lien agent in accordance with the terms thereof). 
 (f) “New Opco Notes Collateral Agent” shall mean a collateral agent acting on behalf of (i) the holders of the New Opco Notes in respect of the Collateral securing the Indebtedness evidenced by the New Opco Indenture
Documents and the guarantees thereof, and any successor and (ii) if any Additional New Opco Debt is secured by a second lien, the holders of such Additional New Opco Debt under Additional New Opco Debt Documents or any successors and assigns,
including any replacement or successor trustee or agent or any additional trustee or agent. 
 (g) “New Opco Notes
Guarantors” shall mean, collectively, Gentek, Associated Holdings, Gentek Holdings and any US Borrower or US Guarantor formed or acquired after the execution of this Amendment No. 2 that guarantees the Indebtedness under the New Opco Note
Indenture and/or the Additional New Opco Debt Documents, to the extent required to do so under the terms thereof, and their respective successors and assigns. 
 (h) “New Opco Note Closing Date” shall mean the date of the initial issuance of the New Opco Notes under the New Opco Note Indenture. 
  

 3 

 (i) “New Opco Note Indenture” shall mean the Indenture dated the New Opco Note
Indenture Effective Date, among Associated and Associated Finance, as issuers, the New Opco Notes Guarantors and New Opco Note Trustee, with respect to the New Opco Notes, as the same now exists or may hereafter be amended, modified, supplemented,
extended, renewed, restated or replaced. 
 (j) “New Opco Note Indenture Documents” shall mean, collectively the
following (as the same may now or hereafter exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced): (i) the New Opco Note Indenture (including any notes and guarantees issued thereunder),
(ii) the New Opco Note Indenture Security Agreement, (iii) the New Opco Note Indenture Intercreditor Agreement, and (iv) all mortgages, account control agreements and other agreements, documents and instruments now or at any time
hereafter executed and/or delivered by Associated, Associated Finance, any New Opco Notes Guarantor or any other person in connection therewith. 
 (k) “New Opco Note Indenture Effective Date” shall mean the date of the execution of the New Opco Note Indenture. 
 (l) “New Opco Note Indenture Security Agreement” shall mean the Security Agreement, dated the New Opco Note Indenture Effective Date, by Associated, Associated Finance and the New Opco Notes
Guarantors in favor of New Opco Notes Collateral Agent, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. 
 (m) “New Opco Note Trustee” shall mean Deutsche Bank Trust Company Americas or another trustee in respect of the New Opco Notes
reasonably satisfactory to Agent, and its successors and assigns, and any replacement trustee permitted pursuant to the terms and conditions of the New Opco Note Indenture. 
 (n) “New Opco Notes” shall mean, collectively, the Senior Secured Second Lien Notes due 2016 issued by Associated and Associated
Finance pursuant to the New Opco Note Indenture, in the aggregate original principal amount not to exceed $300,000,000, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. 

(o) “New Opco Notes Permitted Payments” shall mean (i) regularly scheduled payments of interest, when due, and customary
fees and expense reimbursements in respect of the New Opco Notes as in effect on the date hereof and (ii) regularly scheduled payments of interest, when due, and customary fees and expense reimbursements in respect of the Additional New Opco
Debt. 
  

	1.2	Amendments to Definitions. 

 (a) All references to the term “Loan Documents” in the Loan Agreement and the other Loan Documents shall be deemed and each such reference is hereby amended to include, in addition and not in limitation, this Amendment No. 2,
and all other agreements documents and instruments at any time executed and/or delivered by any Obligor or any other person in connection with this Amendment No. 2. 
  

 4 

 (b) All references to the term “Applicable Margin” herein and in the Loan
Agreement or any of the other Loan Documents shall be deemed and each such reference is hereby amended to mean, with respect to Base Rate Loans and Eurodollar Rate Loans, the applicable percentage (on a per annum basis) set forth below based on the
Quarterly Average Excess Availability for the immediately preceding three (3) month period. 
  

									
	 Tier
	  	 Quarterly Average Excess Availability
	  	Applicable
Eurodollar
Rate Margin	 	 	Applicable
(US or Canadian)
Base
Rate Margin	 
	 1
	  	Greater than $175,000,000	  	3.00	% 	 	1.25	% 
	 2
	  	Less than or equal to $175,000,000 and greater than $150,000,000	  	3.25	% 	 	1.50	% 
	 3
	  	Less than or equal to $150,000,000 and greater than $125,000,000	  	3.50	% 	 	1.75	% 
	 4
	  	Less than or equal to $125,000,000 and greater than $75,000,000	  	3.75	% 	 	2.00	% 
	 5
	  	Less than or equal to $75,000,000	  	4.00	% 	 	2.25	% 

 provided, that, (i) the Applicable Margin shall be calculated and established once
every three (3) months and shall remain in effect until adjusted for the next three (3) month period, (ii) each adjustment of the Applicable Margin shall be effective as of the first day of each such three (3) month period based
on the Quarterly Average Excess Availability for the immediately preceding three (3) month period, and (iii) in the event that Borrowers fail to provide any Borrowing Base Certificate or other information with respect thereto for any
period on the date required hereunder, effective as of the date on which such Borrowing Base Certificate or other information was otherwise required, at Agent’s option, the then effective Applicable Margin shall be increased by two
(2%) percentage points until the next Business Day after a Borrowing Base Certificate or other information is provided for the applicable period at which time the Applicable Margin shall be adjusted as otherwise provided herein. In the event
that at any time after the end of any three (3) month period the Quarterly Average Excess Availability for such three (3) month period used for the determination of the Applicable Margin was greater than the actual amount of the Quarterly
Average Excess Availability for such period as a result of the inaccuracy of information provided by or on behalf of Borrowers to Agent for the calculation of Excess Availability, the Applicable Margin for such prior period shall be adjusted to the
applicable percentage based on such actual Quarterly Average Excess Availability and any additional interest for the applicable period as a result of such recalculation shall be promptly paid to Agent. The foregoing shall not be construed to limit
the rights of Agent and Lenders with respect to the amount of interest payable after a Default or Event of Default whether based on such recalculated percentage or otherwise. 
  

 5 

 (c) All references to the term “Canadian Letter of Credit Limit” herein and in the
Loan Agreement or any of the other Loan Documents shall be deemed and each such reference is hereby amended to mean the US Dollar Equivalent of $6,000,000. 
 (d) All references to the term “Maturity Date” herein and in the Loan Agreement or any of the other Loan Documents shall be deemed and each such reference is hereby amended to mean the earliest
of (i) October 3, 2013, (ii) the date six (6) months prior to the stated maturity date of the Opco Notes in the event the obligations of Borrowers and Guarantors with respect to the Opco Notes remain outstanding as of the date
that is six (6) months prior to the earliest stated maturity date (taking account of any such dates which may be contingent, conditional or alternative) of the Opco Notes and (iii) the date three (3) months prior to the stated
maturity date of the New Opco Notes in the event the obligations of Borrowers and Guarantors with respect to the New Opco Notes remain outstanding as of the date that is three (3) months prior to the earliest stated maturity date (taking
account of any such dates which may be continent, conditional or alternative) of the New Opco Notes. 
 (e) The definition of
“Permitted Investments” is hereby amended by (i) deleting the word “and” at the end of clause (r) thereof, (ii) deleting the period at the end of clause (s) thereof and replacing it with “; and” and
(iii) adding a new clause (t) thereof immediately following clause (s) to read as follows: 
 “(t) (i) an intercompany loan to either AMH or AMH II all of the proceeds of which amount shall be used substantially contemporaneously by AMH or AMH II, as applicable, solely to prepay, purchase, redeem, defease, discharge or
otherwise acquire or retire all or a portion of the Indebtedness arising under the Holdings I Notes and/or the Holdings II Notes and to pay accrued interest, premium and related expenses and fees and (ii) the purchase by Associated of all or a
portion of the Indebtedness arising under the Holdings I Notes and/or the Holdings II Notes so long as such Indebtedness is substantially contemporaneously distributed as a dividend to Parent by Associated and, in turn, by Parent to AMH and AMH II,
as applicable, for cancellation; provided, that, no such intercompany loan or purchase shall be made by any Borrower or Guarantor unless (a) each of the Opco Notes and the AMI New Notes have been redeemed or discharged in full,
(b) Agent shall have received not less than five (5) Business Days’ prior written notice of the intention of Associated to make such intercompany loan or purchase, (c) as of the date of the making of such intercompany loan or
purchase and after giving effect thereto, the Global Availability Test Condition shall be met, (d) as of the date of the making of such intercompany loan or purchase and after giving effect thereto, Consolidated EBITDA of Parent and its
Subsidiaries for the immediately preceding fiscal quarter of Parent and its Subsidiaries for which financial statements have been delivered (or, if such quarter is the first fiscal quarter of Parent and its Subsidiaries of such year, then the fiscal
quarter immediately preceding such quarter) (the “Reference Quarter”) shall be at least fifty (50%) percent of Consolidated EBITDA of Parent and its Subsidiaries for the Reference Quarter in the prior fiscal year, (e) to the
extent any such intercompany loan is evidenced by

  

 6 

 
a promissory note, the single original of any such promissory note shall be endorsed to the order of Agent by Associated and promptly delivered to Agent as so endorsed, and (f) as of the
date of the making of such intercompany loan or purchase and after giving effect thereto, no Default or Event of Default shall exist or have occurred and be continuing.” 
 1.3 Interpretation. For purposes of this Amendment No. 2 (a) all terms used herein, including those terms used or defined
in the recitals hereto, shall have the respective meanings assigned thereto in the Loan Agreement, and (b) the phrase “substantially contemporaneously” shall mean, with respect to each series of related transactions, as soon as
commercially practicable, but in any event within seven (7) days as to all such related transactions in their entirety. 
 Section 2.
Consent. Notwithstanding anything to the contrary set forth in the Loan Agreement or any of the other Loan Documents and subject to the terms and conditions contained herein, Agent and Required Lenders hereby consent to: 
 2.1 the Indebtedness of Associated and Associated Finance evidenced by and arising under the New Opco Note Indenture Documents and the
Additional New Opco Debt Documents; provided, that, the proceeds thereof (net of customary fees, costs and expenses associated therewith) are applied solely in the following order and manner: 
 (a) first, to the redemption or discharge to the fullest extent possible by Associated of the Opco Notes, 
 (b) second, to the redemption or discharge to the fullest extent possible by Associated of the AMI New Notes, and 
 (c) third, to the extent that after application of funds in accordance with clauses (a) and (b) above any proceeds have not
been applied, such proceeds shall be applied to purchase, discharge or otherwise retire all or a portion of the Holdings I Notes and/or the Holdings II Notes in a manner permitted by this Amendment No. 2; provided, that,
Associated may accomplish the foregoing (i) by first repaying Revolving Loans pursuant to Section 2.5(a) of the Loan Agreement with such proceeds and subsequently drawing a Revolving Loan (to the extent that it may do so in accordance with
the Loan Agreement) and using the proceeds of such Revolving Loan to make an intercompany loan, Restricted Payment, or purchase of Holdings I Notes or Holdings II Notes as contemplated in this Amendment No. 2 or (ii) by repaying Revolving
Loans, the proceeds of which have previously been used to retire all or a portion of the Holdings I Notes or the Holdings II Notes; 
 2.2 the contingent Indebtedness of the New Opco Notes Guarantors arising under the New Opco Note Indenture Documents and/or the Additional New Opco Debt Documents; 
 2.3 the security interests in and liens upon the Collateral of Associated, Associated Finance and the New Opco Notes Guarantors granted to
the New Opco Notes Collateral Agent pursuant to the New Opco Note Indenture Security Agreement to secure the Indebtedness evidenced by and arising under the New Opco Note Indenture Documents and/or the Additional New Opco Debt Documents; 

 

 7 

 2.4 the redemption or discharge by Associated on or about the New Opco Note Closing Date of
all of the Indebtedness of Associated arising under the Opco Notes with the proceeds of the loans under the New Opco Note Indenture; 
 2.5 the redemption or discharge by Associated on or about the New Opco Note Closing Date of all of the Indebtedness of Associated arising under the AMI New Notes with the proceeds of the loans under the New Opco Note Indenture;
provided, that, no portion of the AMI New Notes shall be redeemed or discharged unless and until the Opco Notes have been, or substantially contemporaneously are being, redeemed or discharged in full; and 
 2.6 an intercompany loan by Associated to either AMH or AMH II or a Restricted Payment by Associated to Parent (which amount would be
substantially contemporaneously distributed as a dividend to AMH and AMH II, as applicable) for substantially contemporaneous application by AMH and AMH II, as applicable, to the purchase, redemption or discharge to the fullest extent possible all
or a portion of the Holdings I Notes and/or the Holdings II Notes, and/or the purchase by Associated of all or a portion of the Holdings I Notes and/or the Holdings II Notes in an amount not to exceed the amount that would have been permitted to
have been paid as a Restricted Payment, with such Holdings I Notes and/or Holdings II Notes to be distributed as a dividend by Associated to Parent and by Parent to AMH and AMH II, as applicable, for cancellation; and 
 2.7 the change by Alside, Inc. of its name to Associated Materials Finance, Inc. on shorter notice than contemplated by Section 9.1(b)
of the Loan Agreement. 
 Section 3. Fees. 
 3.1 Section 3.2(a) of the Loan Agreement is hereby amended by deleting such Section in its entirety and replacing it with the following: 
 “(a) Borrowers shall pay to Agent, for the account of Lenders, monthly an unused line fee at a rate equal to the
applicable rate (on a per annum basis) determined as provided below calculated upon the amount by which the Maximum Credit exceeds the average daily principal balance of the outstanding Revolving Loans and Letters of Credit during the immediately
preceding month (or part thereof) so long as any Obligations are outstanding. Such fees shall be payable on the first Business Day of each month in arrears and calculated based on a three hundred sixty (360) day year and actual days elapsed.
Such percentages shall be increased or decreased, as the case may be, to the applicable percentage (on a per annum basis) set forth below based on the Quarterly Average Excess Availability for the immediately preceding three (3) month period
commencing on the first day of the month of such period. 
  

 8 

						
	 Tier
	  	 Quarterly Average Excess Availability
	  	Unused Line
Fee	 
	 1
	  	Greater than $175,000,000	  	.750	% 
	 2
	  	Less than or equal to $175,000,000 and greater than $150,000,000	  	.750	% 
	 3
	  	Less than or equal to $150,000,000 and greater than $125,000,000	  	.625	% 
	 4
	  	Less than or equal to $125,000,000 and greater than $75,000,000	  	.625	% 
	 5
	  	Less than or equal to $75,000,000	  	.500	% 

 provided, that, the applicable percentage shall be calculated and
established once every three (3) months and shall remain in effect until adjusted for the next three (3) month period.” 
 3.2 Section 3.2(b) of the Loan Agreement is hereby amended by deleting such Section in its entirety and replacing it with the following: 
 “(b) Borrowers shall pay to Agent, for the benefit of Lenders, in the case of Letters of Credit that are standby Letters of Credit, monthly a fee at the Standby LC Fee Rate determined as provided
below (on a per annum basis) on the average daily outstanding balance of Letters of Credit that are standby Letters of Credit, and in the case of Letters of Credit that are commercial Letters of Credit, monthly a fee at the Commercial LC Fee Rate
determined as provided below (on a per annum basis), on the average daily outstanding balance of Letters of Credit that are commercial Letters of Credit, in each case for the immediately preceding month (or part thereof), payable in arrears as of
the first day of each month, computed for each day from the date of issuance to the date of expiration. Such percentages shall be increased or decreased, as the case may be, to the applicable percentage (on a per annum basis) set forth below based
on the Quarterly Average Excess Availability for immediately preceding three (3) month period commencing on the first day of the month of such period. 
  

 9 

									
	 Tier
	  	 Quarterly Average Excess Availability
	  	Commercial LC
Fee Rate	 	 	Standby LC
Fee Rate	 
	 1
	  	Greater than $175,000,000	  	3.00	% 	 	3.00	% 
	 2
	  	Less than or equal to $175,000,000 and greater than $150,000,000	  	3.25	% 	 	3.25	% 
	 3
	  	Less than or equal to $150,000,000 and greater than $125,000,000	  	3.50	% 	 	3.50	% 
	 4
	  	Less than or equal to $125,000,000 and greater than $75,000,000	  	3.75	% 	 	3.75	% 
	 5
	  	Less than or equal to $75,000,000	  	4.00	% 	 	4.00	% 

 provided, that, (i) the applicable percentage shall be calculated
and established once every three (3) months and shall remain in effect until adjusted for the next three (3) month period, and (ii) Borrowers shall, at Agent’s option or at the written direction of the Required Lenders, pay such
fees at a rate two (2%) percent greater than the then applicable rate on such average daily maximum amount for: (A) the period from and after the date of termination or non-renewal hereof until Lenders have received full and final payment
of all Obligations (notwithstanding entry of a judgment against any Borrower or Guarantor) and (B) the period from and after the date of the occurrence of an Event of Default for so long as such Event of Default is continuing. Such letter of
credit fees shall be calculated on the basis of a three hundred sixty (360) day year in the case of Letters of Credit issued by a US Issuing Bank and 365 or 366 days, as applicable, in the case of Letters of Credit issued by a Canadian Issuing
Bank and actual days elapsed and the obligation of Borrowers to pay such fee shall survive the termination or non-renewal of this Agreement. In addition to the letter of credit fees provided above, Borrowers shall pay monthly to Issuing Bank for its
own account (without sharing with Lenders) the letter of credit fronting fee of one-eighth (0.125%) percent per annum and the other customary charges from time to time of Issuing Bank with respect to the issuance, amendment, transfer,
administration, cancellation and conversion of, and drawings under, such Letters of Credit.” 
 Section 4. Financial Statements and
Other Information. 
 4.1 Section 9.6(c)(i)(B) of the Loan Agreement is hereby amended by deleting the reference therein
to “clause (g) of the definition of Permitted Dispositions” and replacing it with “clause (e) of the definition of Permitted Dispositions”. 
 4.2 Section 9.6(h) of the Loan Agreement is hereby amended and restated in its entirety to read as follows: 
 “(h) not less than ten (10) days prior to each proposed date of the making of an Opco Permitted Payment or a New
Opco Notes Permitted Payment, the chief financial officer of Associated shall deliver to Agent a certification that as of the date of such certification, and as of the date of the proposed payment and after giving effect thereto, no Event of Default
shall exist or have occurred and be

  

 10 

 
continuing, it being understood that if after giving effect to any such Opco Permitted Payment or New Opco Notes Permitted Payment, US Excess Availability would be less than twelve and one-half
(12 1/2%) percent of the US Loan Limit, Canadian
Excess Availability would be less than twelve and one-half (12 1/2%) percent of the Canadian Loan Limit, or Global Excess Availability would be less than twelve and one-half (12 1/2%) percent of the Maximum Credit, then the absence of an Event of
Default shall include, without limitation, that the Fixed Charge Coverage Ratio of Parent and its Subsidiaries (on a consolidated basis) determined as of the end of the fiscal month most recently ended for which Agent has received financial
statements shall be not less than 1.10 to 1.0 for the period of the immediately preceding twelve (12) consecutive fiscal months prior to such fiscal month end.” 
 4.3 Section 9.6 of the Loan Agreement is hereby amended by adding new clause (j) immediately following clause (i) thereof to
read as follows: 
 (j) contemporaneously with each issuance of New Opco Notes and Additional New Opco Debt, the chief financial
officer of Associated shall deliver to Agent a certification with respect to the manner of the application of the proceeds of such issuance, together with a pro forma balance sheet of Borrowers and Guarantors.” 
 Section 5. Encumbrances. Section 10.2 of the Loan Agreement is hereby amended by adding the following new subsection (aa) at the end
thereof: 
 “(aa) the security interests and liens of the New Opco Notes Collateral Agent in certain of the Collateral to
secure the Indebtedness of Associated, Associated Finance and the New Opco Notes Guarantors under the New Opco Note Indenture Documents and the Additional New Opco Debt Documents to the extent such Indebtedness is permitted under
Section 10.3(b)(ii) or Section 10.3(b)(iii) hereof, which security interests and liens of the New Opco Notes Collateral Agent are and shall at all times be junior and subordinate to the security interests and liens of Agent pursuant to the
Intercreditor Agreement.” 
 Section 6. Indebtedness. 
 6.1 Section 10.3(b) of the Loan Agreement is hereby amended by deleting the reference to “the Opco Notes” and replacing it
with “(i) the Opco Notes, (ii) the New Opco Notes and (iii) the Additional New Opco Debt”. 
 6.2
Section 10.3(c) of the Loan Agreement is hereby amended by deleting the reference to “$7,500,000 in the aggregate at any time outstanding” and replacing it with “$3,000,000 in the aggregate in any calendar year”. 

 

 11 

 6.3 Section 10.3 of the Loan Agreement is hereby amended by (a) deleting the
period at the end of clause (n) thereof and replacing it with “; and” and (b) adding a new Section 10.3(o) immediately after Section 10.3(n) thereof as follows: 
 “(o) contingent Indebtedness arising pursuant to the guarantees by the New Opco Notes Guarantors (or thereafter any
person that becomes a New Opco Guarantor pursuant to and in accordance with the terms of the New Opco Note Indenture Documents or the Additional New Opco Debt Documents) of the Indebtedness of Associated and Associated Finance arising under the New
Opco Note Indenture Documents or the Additional New Opco Debt Documents to the extent such Indebtedness of Associated and Associated Finance is permitted hereunder.” 
 6.4 Section 10.3 of the Loan Agreement is hereby amended by deleting “Sections 10.3(c) through (n) inclusive” in the last paragraph thereof and inserting in place thereof
“Sections 10.3(c) through (f) inclusive and Sections 10.3(h) through (n) inclusive”. 
 Section 7. Restricted
Payments. Section 10.5(d) of the Loan Agreement is hereby amended and restated in its entirety to read as follows: 
 “(d) Restricted Payments by Associated and Parent constituting dividends or distributions of Holdings I Notes and/or Holdings II Notes purchased or acquired by Associated in compliance with Amendment
No. 2; ”. 
 Section 8. Transactions with Affiliates. Section 10.6 of the Loan Agreement is hereby amended by
(a) deleting the word “and” at the end of clause (g) thereof, (b) deleting the period at the end of clause (h) thereof and replacing it with “; and” and (c) adding the following new clause
(i) immediately following clause (h) thereof as follows: 
 “(i) the intercompany loan and/or
purchase of debt permitted under clause (t) of the definition of Permitted Investments.” 
 Section 9. Limitation of
Restrictions Affecting Subsidiaries. Section 10.8 of the Loan Agreement is hereby amended by (a) deleting the word “and” at the end of clause (viii) thereof, (b) deleting the period at the end of clause
(ix) thereof and replacing it with “; and” and (c) adding the following new clause (x) immediately following clause (ix) thereof as follows: 
 “(x) the New Opco Note Indenture Documents and the Additional New Opco Debt Documents, in each case to the extent that
the foregoing satisfy the terms and conditions of Amendment No. 2.” 
 Section 10. Certain Payments of Indebtedness, Etc.
Section 10.9(a) of the Loan Agreement is hereby amended and restated in its entirety as follows: 
 “(a) Associated may make Opco Permitted Payments and New Opco Notes Permitted Payments;”. 
  

 12 

 Section 11. Designation of Designated Senior Indebtedness. Section 10.11 of the Loan
Agreement is hereby amended by deleting such Section in its entirety and replacing it with the following: 
 “Section 10.11
Designation of Designated Senior Indebtedness. 
 (a) Borrowers and Guarantors shall not, and shall not
permit any Subsidiary to, (i) designate any Indebtedness, other than the Obligations as the “Bank Indebtedness” or "Designated Senior Indebtedness under the Opco Indenture, (ii) designate any Indebtedness other than the
Obligations, the obligations under the New Opco Notes or obligations under the Additional New Opco Debt as "senior indebtedness" or any similar term under and as defined in the agreements relating to any other Indebtedness of any Borrower or
Guarantor, including Subordinated Debt, which contains such designation. Borrowers and Guarantors shall, and shall cause any Subsidiary to, designate the Obligations as “Designated Senior Indebtedness” or any similar term under and as
defined in the agreements relating to any Indebtedness (including any Subordinated Debt) of Borrowers or Guarantors which contains such designation." 
 Section 12. Representations, Warranties and Covenants. In addition to the continuing representations, warranties and covenants heretofore or hereafter made by Borrowers and Guarantors to Agent and Lenders pursuant to the other
Loan Documents, each of Borrowers and Guarantors, jointly and severally, hereby represents, warrants and covenants with and to Agent and Lenders as follows (which representations, warranties and covenants are continuing and shall survive the
execution and delivery hereof and shall be incorporated into and made a part of the Loan Documents): 
 12.1 This Amendment
No. 2 has been duly executed and delivered by all necessary action on the part of Borrowers and Guarantors and, if necessary, their respective equity holders, and is in full force and effect as of the Amendment No. 2 Effective Date and the
agreements and obligations of Borrowers and Guarantors contained herein constitute legal, valid and binding obligations of Borrowers and Guarantors enforceable against Borrowers and Guarantors in accordance with their respective terms, except as
enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors' rights and except to the extent that availability of the remedy of specific performance or
injunctive relief is subject to the discretion of the court before which any proceeding therefor may be brought. 
 12.2 No
Default or Event of Default exists or has occurred and is continuing. 
 12.3 No action of, or filing with, or consent of any
governmental authority, and no approval or consent of any other party, is required to authorize, or is otherwise required in connection with, the execution, delivery and performance of this Amendment No. 2. 
 12.4 All of the representations and warranties set forth in the Loan Agreement and the other Loan Documents, each as amended hereby, are
true and correct in all material respects on and as of the date hereof, as if made on the date hereof, except to the extent any such representation or warranty is made as of a specified date, in which case such representation or warranty shall have
been true and correct as of such date. 
 12.5 Neither the execution or delivery of any of the other New Opco Note Indenture
Documents, nor the consummation of the transactions contemplated by the New Opco Note Indenture Documents, nor compliance with the provisions thereof, shall result in the creation nor 
  

 13 

 imposition of any lien, charge or encumbrance upon any of the Collateral as amended hereby, other than in
favor of Noteholder Collateral Agent, the holders of the New Opco Notes, the holders of the Additional New Opco Debt or Agent as specifically permitted herein. 
 12.6 On or prior to the New Opco Note Closing Date, the New Opco Note Indenture shall have been duly authorized, issued and delivered by Associated and Associated Finance, and the transactions
contemplated thereunder shall have been performed in accordance with their terms by the respective parties thereto in all respects to the extent to be performed thereunder on or before the New Opco Note Closing Date, including the fulfillment (or
the waiver) of all conditions precedent set forth therein. 
 12.7 On or prior to the New Opco Note Closing Date, all actions
and proceedings required by the New Opco Note Indenture Documents, applicable law or regulations, including, without limitation, all Securities Laws, shall have been taken, and the transactions required thereunder shall have been (or will be when
required to under the New Opco Note Indenture Documents or applicable law) duly and validly taken and consummated. 
 12.8
Neither the execution and delivery of any of the New Opco Note Indenture Documents nor the consummation of the transactions therein contemplated, nor compliance with the provisions thereof (a) has violated or will violate any of the Securities
Laws or any other law or regulation or any order or decree of any court or governmental instrumentality in any respect, or (b) after giving effect to the consents hereunder, does or shall conflict with or result in the breach of, or constitute
a default in any respect under, any indenture, mortgage, deed of trust, security agreement, agreement or instrument relating to Indebtedness in an amount in excess of $7,500,000 to which any Borrower or Guarantor is a party or by which it or any of
its assets may be bound, or (c) violate any provision of the Certificate of Incorporation, By-Laws, Articles of Formation or Operating Agreement of any Borrower or Guarantor. 
 12.9 Borrowers shall provide written notice to Agent of the New Opco Note Closing Date on such date. 
 12.10 On the New Opco Note Indenture Effective Date, Agent has received true, correct and complete copies of all of the New Opco Note
Indenture Documents executed as of or prior to such date, and thereafter shall receive true, correct and complete copies of all other New Opco Note Indenture Documents promptly upon the execution thereof (but in any event one (1) Business Day
thereafter). 
 Section 13. Conditions. The effectiveness of the consents, terms and conditions contained herein shall be subject to
the satisfaction, in the reasonable determination of Agent, of the following conditions: 
 (a) in the event that Administrative
Borrower shall elect for this Amendment No. 2 to become effective by written notification received by Agent on or prior to January 29, 2010 (the date of the receipt by the Agent of such written notification, the “Election Date”):

 (i) Agent shall have received on or prior to the October 23, 2009 an original of this Amendment No. 2, duly
authorized, executed and delivered by Borrowers and Guarantors; 
  

 14 

 (ii) Agent shall have received on or prior to the October 23, 2009 all consents of
Lenders required for the amendments and consents provided for herein; and 
 (iii) as of the Election Date and after giving
effect to this Amendment No. 2, no Default or Event of Default shall exist or have occurred and be continuing; 
 (b) on or
prior to the date of the first issuance of any New Opco Notes, 
 (i) Agent shall have received on or prior to the
October 23, 2009 an original of this Amendment No. 2, duly authorized, executed and delivered by Borrowers and Guarantors if not previously delivered pursuant to clause (a) above; 
 (ii) Agent shall have received on or prior to the October 23, 2009 all consents of Lenders required for the amendments and consents
provided for herein if not previously delivered pursuant to clause (b) above; 
 (iii) Agent shall have received true,
correct and complete copies of all of the New Opco Note Indenture Documents executed and delivered on the New Opco Note Indenture Effective Date, which shall be in form and substance reasonably satisfactory to Agent, it being acknowledged that New
Opco Note Indenture Documents which are consistent in all material respects with the Description of Notes provided to and approved by the Agent at the time of the launch of the offering of the New Opco Notes shall be satisfactory; 
 (iv) Agent shall have received a true, complete and correct copy of the Intercreditor Agreement, in substantially the form annexed hereto as
Exhibit A, as duly authorized, executed and delivered by the parties thereto; 
 (v) Agent shall have received evidence that all
corporate and limited liability company proceedings with respect to the incurrence of the Indebtedness under the New Opco Note Indenture Documents have been taken by Borrowers, Guarantors and their Affiliates, as appropriate; 
 (vi) Agent shall have received, in form and substance satisfactory to Agent, from Associated, a Secretary's certificate evidencing the
adoption and subsistence of the corporate resolutions approving the execution, delivery and performance by Associated of this Amendment No. 2 and the agreements, documents and instruments to be delivered pursuant to this Amendment No. 2
including the transactions contemplated by the New Opco Note Indenture Documents; 
 (vii) Agent shall have received a copy of
the amendment to the certificate of incorporation of Associated Finance providing for the name change from Alside, Inc. certified by the Secretary of State of the State of Delaware and a UCC-3 reflecting the name change for filing with the Secretary
of State of Delaware; and 
 (viii) as of the date of the first issuance of any New Opco Notes and after giving effect thereto,
no Default or Event of Default shall exist or have occurred and be continuing. 
  

 15 

 Section 14. Amendment Fee. In consideration of the amendments set forth herein, Borrowers shall
on the Amendment No. 2 Effective Date pay to Agent, for the benefit of each Lender party hereto which consents to this Amendment No. 2 on or prior to October 23, 2009 or as Agent and Borrowers shall otherwise agree, a fee in the
amount of 37.5 basis points on the amount of such Lender’s Commitment, or Agent, at its option, may charge the account(s) of Borrowers maintained by Agent the amount of such fee, which fee is earned as of the Amendment No. 2 Effective Date
and shall constitute part of the Obligations. 
 Section 15. Miscellaneous. 
 15.1 Effect of this Amendment No. 2. Except as expressly set forth herein, no other amendments, changes or modifications to the
Loan Documents are intended or implied, and in all other respects the Loan Documents are hereby specifically ratified, restated and confirmed by all parties hereto as of the effective date of this Amendment No. 2 and Borrowers and Guarantors
shall not be entitled to any other or further amendment by virtue of the provisions of this Amendment No. 2 or with respect to the subject matter of this Amendment No. 2. To the extent of any conflict between the terms of this Amendment
No. 2 and the other Loan Documents, the terms of this Amendment No. 2 shall control. The Loan Agreement and this Amendment No. 2 shall be read and construed as one agreement. 
 15.2 Further Assurances. The parties hereto shall execute and deliver such additional documents and take such additional actions as
may be necessary to effectuate the provisions and purposes of this Amendment No. 2. 
 15.3 Governing Law. The
validity, interpretation and enforcement of this Amendment No. 2 and any dispute arising out of the relationship among the parties hereto whether in contract, tort, equity or otherwise, shall be governed by the internal laws of the State of New
York but excluding any principles of conflicts of law or other rule of law that would cause the application of the law of any jurisdiction other than the laws of the State of New York. 
 15.4 Binding Effect. This Amendment No. 2 shall be binding upon and inure to the benefit of each of the parties hereto and their
respective successors and assigns. 
 15.5 Entire Agreement. This Amendment No. 2 represents the entire agreement
and understanding concerning the subject matter hereof among the parties hereto, and supersedes all other prior agreements, understandings, negotiations and discussions, representations, warranties, commitments, proposals, offers and contracts
concerning the subject matter hereof, whether oral or written. 
 15.6 Headings. The headings listed herein are for
convenience only and do not constitute matters to be construed in interpreting this Amendment No. 2. 
 15.7
Counterparts. This Amendment No. 2 may be executed in any number of counterparts, each of which shall be an original, but all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of
this Amendment No. 2 by telefacsimile or other electronic method of transmission shall have the same force and effect as delivery of an original executed counterpart of this Amendment No. 2. Any party delivering an executed counterpart of
this Amendment No. 2 by telefacsimile or other electronic method of

  

 16 

 
transmission shall also deliver an original executed counterpart of this Amendment No. 2, but the failure to do so shall not affect the validity, enforceability, and binding effect of this
Amendment No. 2. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
  

 17 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 2 to be duly
executed and delivered by their authorized officers as of the date and year first above written. 
  

			
	BORROWERS:
	
	ASSOCIATED MATERIALS, LLC
		
	By:	 	 /s/ Stephen E. Graham

	Name:	 	 Stephen E. Graham

	Title:	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

	
	GENTEK BUILDING PRODUCTS, INC.
	By:	 	 /s/ Stephen E. Graham

	Name:	 	 Stephen E. Graham

	Title:	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

	
	ASSOCIATED MATERIALS CANADA
 LIMITED formerly known as Gentek
Building
 Products Limited

		
	By:	 	 /s/ David Brown

	Name:	 	 David Brown

	Title:	 	 President

	
	GENTEK BUILDING PRODUCTS LIMITED
 PARTNERSHIP
 By: Gentek Canada Holdings Limited,
 its general
partner

		
	By:	 	 /s/ Stephen E. Graham

	Name:	 	 Stephen E. Graham

	Title:	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

 [Signatures Continued on Next Page] 
 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	GUARANTORS:
	
	ASSOCIATED MATERIALS HOLDINGS, LLC
		
	By:	 	 /s/ Stephen E. Graham

	Name:	 	 Stephen E. Graham

	Title:	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

	
	GENTEK HOLDINGS, LLC
		
	By:	 	 /s/ Stephen E. Graham

	Name:	 	 Stephen E. Graham

	Title:	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

	
	ASSOCIATED MATERIALS FINANCE, INC.
 formerly known as Alside,
Inc.

		
	By:	 	 /s/ John Stansberry

	Name:	 	 John Stansberry

	Title:	 	 President and Chief Executive Officer

	
	 GENTEK CANADA HOLDINGS LIMITED

		
	By:	 	 /s/ Stephen E. Graham

	Name:	 	 Stephen E. Graham

	Title:	 	 Vice President-Chief Financial Officer, Treasurer and Secretary

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	 ADMINISTRATIVE AGENT:

	
	 WACHOVIA BANK, NATIONAL ASSOCIATION

		
	 By:
	 	 /s/ Dan Denton

	 Name:
	 	 Dan Denton

	 Title:
	 	 Director

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	LENDERS (continued):
	
	 WACHOVIA BANK, NATIONAL ASSOCIATION

		
	 By:
	 	 /s/ Dan Denton

	 Name:
	 	 Dan Denton

	 Title:
	 	 Director

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS: 

	
	 CIT BANK

		
	 By:
	 	 /s/ Benjamin Haslam

	 Name:
	 	 Benjamin Haslam

	 Title:
	 	 Authorized Signatory

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS (continued):

	
	 CIT BUSINESS CREDIT CANADA, INC.

		
	 By:
	 	 /s/ James Bruce

	 Name:
	 	 James Bruce

	 Title:
	 	 Vice President

  

			
	 By:
	 	 /s/ Donald Rogers

	 Name:
	 	 Donald Rogers

	 Title:
	 	 Senior Vice President

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS (continued):

	
	 FIFTH THIRD BANK

		
	 By:
	 	 /s/ Roy C. Lanctot

	 Name:
	 	 Roy C. Lanctot

	 Title:
	 	 Vice President

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS (continued):

	
	 NATIONAL CITY BANK, CANADA BRANCH

		
	 By:
	 	 /s/ Mike Danby

	 Name:
	 	 Mike Danby

	 Title:
	 	 Assistant Vice President

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS (continued):

	
	 NATIONAL CITY BANK

		
	 By:
	 	 /s/ Todd W. Milenius

	 Name:
	 	 Todd W. Milenius

	 Title:
	 	 Vice President

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS (continued):

	
	 PNC BANK, NATIONAL ASSOCIATION

		
	 By:
	 	 /s/ Eric L. Moore

	 Name:
	 	 Eric L. Moore

	 Title:
	 	 Vice President

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS (continued):

	
	 SUNTRUST BANK

		
	 By:
	 	 /s/ Mike Knuckles

	 Name:
	 	 Mike Knuckles

	 Title:
	 	 Director

 [Amendment No. 2 to Loan and Security Agreement] 

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS (continued):

	
	 UBS LOAN FINANCE LLC

		
	 By:
	 	 /s/ Mary E. Evans

	 Name:
	 	 Mary E. Evans

	 Title:
	 	 Associate Director Banking
 Products Services, US

		
	 By:
	 	 /s/ Irja Otsa

	 Name:
	 	 Irja Otsa

	 Title:
	 	 Associate Director Banking
 Products Services, US

	
	[Amendment No. 2 to Loan and Security Agreement]

  

 [Signatures Continued from Previous Page] 
  

			
	 LENDERS (continued):

	
	 WACHOVIA BANK, NATIONAL ASSOCIATION

		
	 By:
	 	 /s/ Raymond Eghobamien

	 Name:
	 	 Raymond Eghobamien

	 Title:
	 	 Vice President

 [Amendment No. 2 to Loan and Security Agreement]

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