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                                                                   EXHIBIT 10.23

                                    FORM OF
                                   PGT, INC.
                           MANAGEMENT INCENTIVE PLAN

      1. Purposes; Interpretation. The purposes of the PGT, Inc. Management
Incentive Plan are to reinforce corporate, organizational and
business-development goals, to promote the achievement of year-to-year financial
and other business objectives and to reward the performance of executive
officers and employees of the Company and its subsidiaries selected for
participation in the Plan in fulfilling their professional responsibilities. The
Plan is designed and intended to comply, to the extent applicable, with Section
162(m) of the Code, and all provisions hereof shall be construed in a manner to
so comply.

      2. Definitions. The following terms, as used herein, shall have the
following meanings:

            (a) "Affiliate" shall mean, with respect to the Company or any of
its subsidiaries, any other Person directly or indirectly controlling or
controlled by or under direct or indirect common control with the Company.

            (b) "Award" shall mean an incentive compensation award, granted
pursuant to the Plan, that is contingent upon the attainment of Performance
Goals with respect to a Performance Period.

            (c) "Board" shall mean the Board of Directors of the Company.

            (d) "Code" shall mean the Internal Revenue Code of 1986, as amended.

            (e) "Committee" shall mean the committee, if any, that may be
established by the Board to administer the Plan, the composition of which shall
at all times consist of "non-employee directors" within the meaning of Rule
16b-3 of the Securities Exchange Act of 1934, as amended, and "outside
directors" within the meaning of section 162(m) of the Code.

            (f) "Company" shall mean PGT, Inc. and its successors.

            (g) "Covered Employee" shall have the meaning set forth in Section
162(m)(3) of the Code.

            (h) "Initial Public Offering" means the first underwritten public
offering and sale by the Company of Stock pursuant to a registration statement
filed with the Securities and Exchange Commission.

            (i) "Participant" shall mean an employee of the Company or one of
its subsidiaries who is, pursuant to Section 4 of the Plan, selected to
participate herein.

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            (j) "Performance Goals" shall mean performance goals based on one or
more of the following criteria, determined in accordance with generally accepted
accounting principles, where applicable: (i) pre-tax income or after-tax income;
(ii) earnings including operating income, earnings before or after taxes,
earnings before or after interest, depreciation, amortization, or extraordinary
or special items; (iii) net income excluding amortization of intangible assets,
depreciation and impairment of goodwill and intangible assets; (iv) operating
income; (v) earnings or book value per share (basic or diluted); (vi) return on
assets (gross or net), return on investment, return on capital, or return on
equity; (vii) return on revenues; (viii) net tangible assets (working capital
plus property, plants and equipment) or return on net tangible assets (operating
income divided by average net tangible assets); (ix) operating cash flow
(operating income plus or minus changes in working capital less capital
expenditures); (x) cash flow, free cash flow, cash flow return on investment
(discounted or otherwise), net cash provided by operations, or cash flow in
excess of cost of capital; (xi) economic value created; (xii) operating margin
or profit margin; (xiii) stock price or total stockholder return; (xiv) earnings
from continuing operations; (xv) cost targets, reductions or savings,
productivity or efficiencies; (xvi) strategic business criteria, consisting of
one or more objectives based on meeting specified market penetration or market
share, geographic business expansion, customer satisfaction, employee
satisfaction, human resources management, supervision of litigation, information
technology, or goals relating to divestitures, joint ventures or similar
transactions; or (xvii) any other criteria determined by the Board to be
appropriate. Where applicable, the Performance Goals may be expressed in terms
of attaining a specified level of the particular criterion or the attainment of
a percentage increase or decrease in the particular criterion, and may be
applied to one or more of the Company or a subsidiary of the Company, or a
division or strategic business unit of the Company, all as determined by the
Board. The Performance Goals may include a threshold level of performance below
which no payment will be made (or no vesting will occur), levels of performance
at which specified payments will be paid (or specified vesting will occur) and a
maximum level of performance above which no additional payment will be made (or
at which full vesting will occur). Each of the foregoing Performance Goals shall
be evaluated in accordance with generally accepted accounting principles, where
applicable, and shall be subject to certification by the Board. The Board shall
have the authority to make equitable adjustments to the Performance Goals in
recognition of unusual or non-recurring events affecting the Company or any
subsidiary of the Company or the financial statements of the Company or any
subsidiary of the Company, in response to changes in applicable laws or
regulations or to account for items of gain, loss or expense determined to be
extraordinary or unusual in nature or infrequent in occurrence or related to the
disposal of a segment of a business or related to a change in accounting
principles.

            (k) "Performance Period" shall mean, unless the Board determines
otherwise, a period of no longer than 12 months.

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            (l) "Person" shall mean any individual, corporation, partnership,
joint venture, association, joint-stock company, trust, unincorporated
organization, limited liability company or government or other entity.

            (m) "Plan" shall mean the PGT, Inc. Management Incentive Plan, as
amended from time to time.

            (n) "Stock" shall mean shares of the common stock, par value $0.01
per share, of the Company.

      3. Administration. The Plan shall be administered by the Board. The Board
may appoint a Committee to administer all or a portion of the Plan and to make
recommendations to the Board with respect to the Plan and any Awards; provided,
that such Committee's authorities and responsibilities shall always be limited
by the Board's sole authority to make all final determinations under the Plan.
The Board may delegate to one or more agents such administrative duties as it
may deem advisable, and the Committee or any other person to whom the Board has
delegated duties as aforesaid may employ one or more persons to render advice
with respect to any responsibility the Board or such Committee or person may
have under the Plan.

      The Board shall have the authority in its sole discretion, subject to and
not inconsistent with the express provisions of the Plan, to administer the Plan
and to exercise all the powers and authorities either specifically granted to it
under the Plan or necessary or advisable in the administration of the Plan,
including, without limitation, the authority to: (i) grant Awards; (ii)
determine the persons to whom and the time or times at which Awards shall be
granted; (iii) determine all of the terms and conditions (including but not
limited to the Performance Goals) relating to any Award; (iv) determine whether,
to what extent, and under what circumstances an Award may be settled, cancelled
or forfeited; (v) make adjustments in the Performance Goals as provided in
Section 1(i) hereof; (vi) construe and interpret the Plan and any Award; (vii)
prescribe, amend and rescind rules and regulations relating to the Plan; and
(viii) make all other determinations deemed necessary or advisable for the
administration of the Plan. All decisions, determinations and interpretations of
the Board shall be final and binding on all persons, including the Company, the
Participant (or any person claiming any rights under the Plan from or through
any Participant) and any Company stockholder. No member of the Board or the
Committee shall be liable for any action taken or determination made in good
faith with respect to the Plan or any Award granted hereunder.

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      4. Eligibility. Awards may be granted to employees of the Company and its
subsidiaries in the Board's sole discretion. Subject to Section 5(a) below, in
determining the persons to whom Awards shall be granted and the Performance
Goals relating to each Award, the Board shall take into account such factors as
the Board shall deem relevant in connection with accomplishing the purposes of
the Plan.

      5. Terms of Awards.

            (a) In General. The Board shall specify with respect to a
Performance Period the Performance Goals applicable to each Award and, if
applicable, minimum, target and maximum levels applicable to each Performance
Goal. Awards for any Performance Period may be expressed as a dollar amount or
as a percentage of the Participant's annual base salary. Unless otherwise
determined by the Board, payment in respect of Awards shall be made only if and
to the extent the Performance Goals with respect to such Performance Period are
attained.

            (b) Time and Form of Payment. All payments in respect of Awards
granted under this Plan shall be made, in the Board's discretion, in cash
(either within a reasonable period after the end of the Performance Period or on
a deferred basis under rules promulgated by the Board) and/or in the form of
Stock-based awards under an equity compensation plan that has been approved by
the Company's stockholders; provided, however, that, unless otherwise determined
by the Board, in order to receive payment in respect of an Award, a Participant
must be employed by the Company or one of its Affiliates on the day payment
would be made in the absence of any deferral. In addition, such payments shall
be made only after achievement of the Performance Goals has been certified by
the Board.

      6. General Provisions.

            (a) Compliance With Legal Requirements. The Plan and the granting
and payment of Awards, and the other obligations of the Company under the Plan
and any Award, shall be subject to all applicable Federal and state laws, rules
and regulations and to required approvals by any regulatory or governmental
agency.

            (b) Nontransferability. Awards shall not be transferable by a
Participant except by will or the laws of descent and distribution.

            (c) Participant Rights. No employee of the Company or any subsidiary
of the Company or any other person shall have any claim to be granted any Award
under the Plan. There is no obligation for uniformity of treatment among
Participants. Nothing in the Plan or in any Award granted pursuant hereto shall
confer upon any Participant the right to continue in the employ of the Company
or to be entitled to any remuneration or benefits not set forth in the Plan or
under such Award or to interfere with or limit in any way the right of the
Company to terminate such Participant's employment.

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            (d) Beneficiary. A Participant may file with the Board a written
designation of a beneficiary on such form as may be prescribed by the Board and
may, from time to time, amend or revoke such designation. If no designated
beneficiary survives the Participant, the executor or administrator of the
Participant's estate shall be deemed to be the grantee's beneficiary.

            (e) Withholding Taxes. The Company or the relevant subsidiary shall
have the right to withhold the amount of any taxes that the Company or such
subsidiary may be required to withhold before delivery of payment of an Award to
the Participant or other person entitled to such payment, or to make such other
arrangements for the withholding of taxes that the Company deems satisfactory.

            (f) Amendment and Termination of the Plan. The Board may at any time
and from time to time alter, amend, suspend or terminate the Plan in whole or in
part; provided, however, that no amendment that requires stockholder approval in
order for the Plan to comply with any applicable law, regulation or rule
(including, if applicable, Section 162(m) of the Code) shall be effective unless
the same shall be approved by the requisite vote of the Company's stockholders.
Notwithstanding the foregoing, no amendment or termination of the Plan shall
affect adversely any of the rights of any Participant, without such
Participant's consent, under any Award theretofore granted under the Plan.

            (g) Unfunded Status of Awards. The Plan is intended to constitute an
"unfunded" plan for incentive and deferred compensation. With respect to any
payments not yet made to a Participant pursuant to an Award, nothing contained
in the Plan or any Award shall give any such Participant any rights that are
greater than those of a general creditor of the Company.

            (h) Governing Law. The Plan and all determinations made and actions
taken pursuant hereto shall be governed by the laws of the State of Delaware
without giving effect to the conflict of laws principles thereof.

            (i) Effective Date. The Plan shall take effect as of the date on
which the Board determines the price at which shares of Stock are to be sold in
the Initial Public Offering.<PAGE>

                                                                   EXHIBIT 10.24

                                                               FORM OF AGREEMENT

                                    PGT, INC.
                           2006 EQUITY INCENTIVE PLAN
                        RESTRICTED STOCK AWARD AGREEMENT

            THIS RESTRICTED STOCK AWARD AGREEMENT, (the "Agreement"), dated as
of ___________, 20__ (the "Grant Date"), is made by and between PGT, Inc., a
Delaware corporation (the "Company"), and [___________] (the "Grantee").

            WHEREAS, the Company has adopted the PGT, Inc. 2006 Equity Incentive
Plan (the "Plan"), pursuant to which the Company may grant shares of Stock which
are restricted as to transfer (shares so restricted hereinafter referred to as
"Restricted Stock");

            WHEREAS, the Company desires to grant to the Grantee the number of
shares of Restricted Stock provided for herein;

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

Section 1. GRANT OF RESTRICTED STOCK AWARD

      (a) Grant of Restricted Stock. The Company hereby grants to the Grantee
[______] shares of Restricted Stock on the terms and conditions set forth in
this Agreement and as otherwise provided in the Plan.

      (b) Incorporation of Plan. The provisions of the Plan are hereby
incorporated herein by reference. Except as otherwise expressly set forth
herein, this Agreement shall be construed in accordance with the provisions of
the Plan and any capitalized terms not otherwise defined in this Agreement shall
have the definitions set forth in the Plan. The Board shall have final authority
to interpret and construe the Plan and this Agreement and to make any and all
determinations thereunder, and its decision shall be binding and conclusive upon
the Grantee and his/her legal representative in respect of any questions arising
under the Plan or this Agreement.

Section 2. TERMS AND CONDITIONS OF AWARD

      The grant of Restricted Stock provided in Section 1(a) shall be subject to
the following terms, conditions and restrictions:

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      (a) Ownership of Shares. Subject to the restrictions set forth in the Plan
and this Agreement, the Grantee shall possess all incidents of ownership of the
Restricted Stock granted hereunder, including the right to receive dividends
with respect to such Stock and the right to vote such Stock.

      (b) Restrictions. Restricted Stock and any interest therein, may not be
sold, assigned, transferred, pledged, hypothecated or otherwise disposed of,
except by will or the laws of descent and distribution, prior to the lapse of
restrictions set forth in this Agreement applicable thereto, as set forth in
Section 2(d). The Board may in its discretion, cancel all or any portion of any
outstanding restrictions prior to the expiration of the periods provided under
Section 2(d).

      (c) Certificate; Restrictive Legend. The Grantee agrees that any
certificate issued for Restricted Stock prior to the lapse of any outstanding
restrictions relating thereto shall be inscribed with the following legend:

      This certificate and the shares of stock represented hereby are subject to
      the terms and conditions, including forfeiture provisions and restrictions
      against transfer (the "Restrictions"), contained in the PGT Inc. 2006
      Equity Incentive Plan and an agreement entered into between the registered
      owner and PGT, Inc. Any attempt to dispose of these shares in
      contravention of the Restrictions, including by way of sale, assignment,
      transfer, pledge, hypothecation or otherwise, shall be null and void and
      without effect.

      (d) Lapse of Restrictions. Except as may otherwise be provided herein, the
restrictions on transfer set forth in Section 2(b) shall lapse with respect to
[______ PERCENT (__%)] of the shares of Restricted Stock granted hereunder on
each of the [__________] anniversaries of the Grant Date, so long as the Grantee
is employed by or providing services to the Company or an Affiliate as of the
relevant date. [Performance Goals.]

      Upon each lapse of restrictions relating to Restricted Stock, the Company
shall issue to the Grantee or the Grantee's personal representative a stock
certificate representing a number of shares of Stock, free of the restrictive
legend described in Section 2(c), equal to the number of shares subject to this
Restricted Stock award with respect to which such restrictions have lapsed. If
certificates representing such Restricted Stock shall have theretofore been
delivered to the Grantee, such certificates shall be returned to the Company,
complete with any necessary signatures or instruments of transfer prior to the
issuance by the Company of such unlegended shares of Stock.

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      (e) Termination of Employment. In the event that the Grantee's employment
with or service to the Company and its subsidiaries is terminated prior to the
lapsing of restrictions with respect to any portion of the Restricted Stock
granted hereunder, such portion of the Restricted Stock held by the Grantee
shall become free of such restrictions or be forfeited as follows:(1)

      Restricted Stock forfeited pursuant to this Section 2(e) shall be
transferred to, and reacquired by, the Company without payment of any
consideration by the Company, and neither the Grantee nor any of the Grantee's
successors, heirs, assigns, personal representatives or Permitted Transferees
shall thereafter have any further rights or interests in such shares or
certificates. If certificates containing restrictive legends shall have
theretofore been delivered to the Grantee (or his/her legatees, personal
representative or Permitted Transferee), such certificates shall be returned to
the Company, complete with any necessary signatures or instruments of transfer.

      (f) Income Taxes. The Grantee shall pay to the Company promptly upon
request, and in any event at the time the Grantee recognizes taxable income in
respect of the Restricted Stock (or, if the Grantee makes an election under
Section 83(b) of the Code, in connection with such grant), an amount equal to
the taxes the Company determines it is required to withhold under applicable tax
laws with respect to the Restricted Stock. Such payment shall be made in the
form of cash, shares of Stock already owned by the Grantee, shares of Stock
otherwise issuable upon the lapse of restrictions, or in a combination of such
methods. The Grantee shall promptly notify the Company of any election made
pursuant to Section 83(b) of the Code.

Section 3. MISCELLANEOUS

      (a) Notices. Any and all notices, designations, consents, offers,
acceptances and any other communications provided for herein shall be given in
writing and shall be delivered either personally or by registered or certified
mail, postage prepaid, which shall be addressed, in the case of the Company to
the [CORPORATE COUNSEL OF THE COMPANY] at the principal office of the Company
and, in the case of the Grantee, to Grantee's address appearing on the books of
the Company or to the Grantee's residence or to such other address as may be
designated in writing by the Grantee.

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(1) Typically, all restricted shares are forfeited as of the date of termination
(previously vested shares are already held by the Grantee). Consider whether any
shares should become vested following termination for certain reasons (e.g.,
retirement, death or disability? terminations without cause?).

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      (b) No Right to Continued Employment. Nothing in the Plan or in this
Agreement shall confer upon the Grantee any right to continue in the employ or
service of the Company or any subsidiary or shall interfere with or restrict in
any way the right of the Company and its subsidiaries, which is hereby expressly
reserved, to remove, terminate or discharge the Grantee at any time for any
reason whatsoever, with or without Cause.

      (c) Bound by Plan. By signing this Agreement, the Grantee acknowledges
that he/she has received a copy of the Plan and has had an opportunity to review
the Plan and agrees to be bound by all the terms and provisions of the Plan.

      (d) Successors. The terms of this Agreement shall be binding upon and
inure to the benefit of the Company, its successors and assigns, and of the
Grantee and the beneficiaries, executors, administrators, heirs and successors
of the Grantee.

      (e) Invalid Provision. The invalidity or unenforceability of any
particular provision thereof shall not affect the other provisions hereof, and
this Agreement shall be construed in all respects as if such invalid or
unenforceable provision had been omitted.

      (f) Modifications. No change, modification or waiver of any provision of
this Agreement shall be valid unless the same be in writing and signed by the
parties hereto.

      (g) Entire Agreement. This Agreement and the Plan contain the entire
agreement and understanding of the parties hereto with respect to the subject
matter contained herein and therein and supersede all prior communications,
representations and negotiations in respect thereto.

      (h) Governing Law. This Agreement and the rights of the Grantee hereunder
shall be construed and determined in accordance with the laws of the State of
Delaware.

      (i) Headings. The headings of the Sections hereof are provided for
convenience only and are not to serve as a basis for interpretation or
construction, and shall not constitute a part, of this Agreement.

      (j) Counterparts. This Agreement may be executed in counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.

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            IN WITNESS WHEREOF, this Agreement has been executed and delivered
by the parties hereto as of the ____ day of ____________, 20__.

                                            PGT, INC.

                                            By: __________________________
                                            Its:  ________________________

                                            [GRANTEE]

                                            Signature: ___________________

                                            Printed Name: ________________

                                            Address: _____________________
                                            ______________________________

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