Document:

Exhibit 10.2

EXECUTION VERSION

AMENDMENT NO. 1 TO THE

CREDIT AGREEMENT

Dated as of February 7, 2007

AMENDMENT
NO. 1 TO THE CREDIT AGREEMENT (this “Amendment”) among WII COMPONENTS, INC., a Delaware
corporation (the “Borrower”), the Lenders party thereto and CREDIT
SUISSE, acting through one or more of its branches, or any Affiliate thereof
(collectively, “Credit Suisse”), as Administrative Agent, Swing Line
Lender, an L/C Issuer and Collateral Agent.

PRELIMINARY
STATEMENTS:

(1)           WII Merger Corporation and Credit Suisse entered into a Credit
Agreement dated as of January 9, 2007 (as amended, supplemented or otherwise
modified through the date hereof, the “Credit Agreement”).  Capitalized terms not otherwise defined in
this Amendment have the same meanings as specified in the Credit Agreement.

(2)           Pursuant to the Merger and the Assumption Agreement, the Borrower
assumed all of the obligations of WII Merger Corporation under the Loan
Documents.

(3)           The Borrower has requested that the Required Lenders agree to amend
certain provisions of the Credit Agreement as described herein.

(3)           The Required Lenders have agreed, subject to the terms and conditions
stated below, to amend the Credit Agreement as hereinafter set forth.

SECTION 1.           Amendments to Credit
Agreement.  The Credit Agreement is, effective as of the date hereof and
subject to the satisfaction of the conditions precedent set forth in
Section 2, hereby amended as follows:

(a)           Clause (i) of the definition of “Applicable Margin” is hereby amended
and restated in its entirety to read as follows:

“(i) the Borrower has not obtained Corporate Ratings from Moody’s and
S&P within 30 days after written request by the Administrative Agent or”

(b)           Section 6.18 is hereby amended in its entirety to read as follows:

“Corporate
Ratings and Debt Ratings.  Use
commercially reasonable efforts to obtain within 30 days after written request
by the Administrative Agent and thereafter use commercially reasonable efforts
to maintain in effect at all times Corporate Ratings and Debt Ratings from each
of S&P and Moody’s.”

(c)           Section 6.19 is hereby amended in its entirety to read as follows:

“Interest
Rate Hedging.  Prior to the 120th day after the Closing Date, enter into, and
thereafter maintain at all times, Secured Hedge Agreements on terms
satisfactory to the Administrative Agent, covering a notional amount of not
less than the amount, if any, by which (a) 50% of sum of all outstanding
principal amounts under the First Lien Term

Loans, any
term loans under the Second Lien Agreement, and the Existing Notes (and in each
case, without duplication, any refinancing, refunding, or other replacement
thereof) exceeds (b) the sum of all outstanding principal amounts under the
First Lien Term Loans, any term loans under the Second Lien Agreement, and the
Existing Notes (and in each case, without duplication, any refinancing,
refunding, or other replacement thereof) that bear interest at a fixed rate.”

SECTION 2.           Conditions of
Effectiveness.  This Amendment shall
become effective as of the date first above written when, and only when,

(a)           the Administrative Agent shall have received counterparts of this
Amendment executed by each Loan Party and the Required Lenders,

(b)           the Administrative Agent shall have received a certificate signed by a
duly authorized officer of the Borrower stating that: (x) the representations
and warranties contained in Article V of the Credit Agreement are true and
correct in all material respects on and as of the date of such certificate as
though made on and as of such date other than any such representations or
warranties that, by their terms, refer to a date other than the date of such
certificate; and (y) no event has occurred and is continuing that constitutes a
Default, and

(c)           all fees and expenses of the Administrative Agent and the Lenders
(including all reasonable fees and expenses of counsel to the Administrative
Agent), to the extent invoiced prior to the date hereof, shall have been paid.

SECTION 3.           Confirmation of Representations and
Warranties.  Each of the Loan Parties
hereby represents and warrants, on and as of the date hereof, that the
representations and warranties contained in the Loan Documents are true and
correct in all material respects on and as of the date hereof, before and after
giving effect to this Amendment, as though made on and as of the date hereof,
other than any such representations or warranties that, by their terms, refer
to a specific date.

SECTION 4.           Affirmation of Guarantors.  Each
Guarantor hereby
consents to the amendments to the Credit Agreement effected hereby, and hereby
confirms and agrees that, notwithstanding the effectiveness of this Amendment,
the obligations of such Guarantor contained in the Holdings Guaranty or the
Subsidiary Guaranty (as the case may be), or in any other Loan Document to
which it is a party are, and shall remain, in full force and effect and are
hereby ratified and confirmed in all respects, except as set forth in Section
5(a) below.

SECTION 5.           Reference to and Effect on the Loan
Documents.  (a)  On and after the effectiveness of this
Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”,
“hereof” or words of like import referring to the Credit Agreement, and each
reference in each of the other Loan Documents to “the Credit Agreement”, “thereunder”,
“thereof” or words of like import referring to the Credit Agreement, shall mean
and be a reference to the Credit Agreement, as amended by this Amendment.

(b)               The
Credit Agreement and each of the other Loan Documents, as specifically amended
by this Amendment, are and shall continue to be in full force and effect and
are hereby in all respects ratified and confirmed.

(c)               The
execution, delivery and effectiveness of this Amendment shall not, except as
expressly provided herein, operate as a waiver of any right, power or remedy of
any Lender or the Administrative Agent under the Credit Agreement, nor
constitute a waiver of any provision of the

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Credit Agreement or any other Loan Document.

SECTION 6.           Costs, Expenses.  The Borrower agrees to pay on demand all
costs and expenses of the Administrative Agent (including, without limitation,
the reasonable fees and expenses of counsel for the Administrative Agent) in
connection with the preparation, execution, delivery and administration, modification
and amendment of this Amendment and the other instruments and documents to be
delivered hereunder, in accordance with the terms of Section 10.04 of the
Credit Agreement.

SECTION 7.           Execution in Counterparts.  This Amendment may be executed in any number
of counterparts and by different parties hereto in separate counterparts, each
of which when so executed shall be deemed to be an original and all of which
taken together shall constitute but one and the same agreement.  Delivery of an executed counterpart of a
signature page to this Amendment by facsimile shall be effective as delivery of
a manually executed counterpart of this Amendment.

SECTION 8.           Governing Law.  This Amendment shall be governed by, and
construed in accordance with, the laws of the State of New York.

[The remainder of this page intentionally left blank.]

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

	
  

  	
  WII COMPONENTS, INC., as Borrower

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

 

	
  

  	
  WII HOLDING, INC.,

  
	
   

  	
  as Guarantor

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  WOODCRAFT INDUSTRIES, INC.,

  
	
   

  	
  as Guarantor

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  BRENTWOOD ACQUISITION CORP.,

  
	
   

  	
  as Guarantor

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  PRIMEWOOD, INC.,

  
	
   

  	
  as Guarantor

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

 

	
  

  	
  CREDIT SUISSE,

  
	
   

  	
  Cayman Islands Branch,

  
	
   

  	
  as Administrative Agent and Collateral Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

 

	
  

  	
  CREDIT SUISSE,

  
	
   

  	
  Cayman Islands Branch,

  
	
   

  	
  as Lender

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:Exhibit
10.3

EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT
(this “Agreement”) is made as of December 11, 2006, between WII Merger
Corporation, a Delaware corporation (the “Company”), WII Holding, Inc.,
a Delaware corporation (“Parent”) and John Fitzpatrick (“Executive”)
and shall become effective as of the Effective Date (as defined below).

WHEREAS, the Company is
party to that certain Agreement and Plan of Merger, dated as of the date
hereof, by and among the Company, WII Components, Inc., a Delaware corporation
(“WII Components”), Parent and Behrman Capital III, L.P. (the “Merger
Agreement”);

WHEREAS, Executive is
currently employed by Woodcraft Industries, Inc., a Minnesota corporation and a
Subsidiary of WII Components, pursuant to the terms of that certain Amended and
Restated Employment Agreement, dated as of April 9, 2003 and whereas, Executive
and the Company are parties to that certain Bonus Agreement, dated as of May
31, 2006 (the “Existing Agreements”); and

WHEREAS, upon the closing
of the transactions contemplated by the Merger Agreement (the “Effective
Date”), the Company desires to employ Executive, and Executive desires to
accept such employment, on the terms and conditions set forth herein.

NOW THEREFORE, in
consideration of the mutual covenants contained herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

1.             Employment. The Company shall employ Executive,
and Executive hereby accepts employment with the Company, upon the terms and
conditions set forth in this Agreement for the period beginning on the
Effective Date and ending as provided in Paragraph  4 hereof (the “Employment
Period”).

2.             Position and Duties.

(a)           During the
Employment Period, Executive shall serve as the Chief Executive Officer of the
Company and shall have the normal duties, responsibilities, functions and
authority of the Chief Executive Officer, subject to the power and authority of
the Company’s board of directors (the “Board”) to expand or limit such
duties, responsibilities, functions and authority and to overrule actions of
officers of the Company.  During the
Employment Period, Executive shall render such administrative, financial and other
executive and managerial services to the Company and its Subsidiaries which are
consistent with Executive’s positions as the Board may from time to time
direct.  With respect to all regular
elections of directors so long as Executive remains as the Chief Executive
Officer of the Company, the Parent shall nominate, and use its reasonable
efforts to cause the election of, Executive to serve as a member of the Parent
Board (as defined in Paragraph 10(b)). 
Upon Executive ceasing to be the Chief Executive Officer of the Company,
Executive shall, at the Parent’s or the Parent Board’s request, resign as a
director of the Parent and its Subsidiaries, as the case may be.

(b)           During the
Employment Period, Executive shall report to the Board and shall devote his
best efforts and his full business time and attention (except for permitted
vacation periods and reasonable periods of illness or other incapacity) to the
business and affairs of the Company and its Subsidiaries; provided  that
Executive shall be permitted to serve on the boards of non-profit entities and
the corporate boards set forth on Exhibit B hereto so long as such
participation is consistent with past practice and does not interfere with
Executive’s responsibilities and obligations as Chief Executive Officer of the
Company. Executive shall perform his duties, responsibilities and functions to
the Company and its Subsidiaries

hereunder to
the best of his abilities in a diligent, trustworthy, professional and
efficient manner and shall comply with the Company’s and its Subsidiaries’
policies and procedures in all material respects. So long as Executive is
employed by the Company, Executive shall not, without the prior written consent
of the Board, accept other employment or perform other services for
compensation.

(c)           It is understood
that Executive shall undertake such business travel as reasonably required by
the Company to perform his duties and responsibilities.

(d)           For purposes of this
Agreement, “Subsidiaries” shall mean any corporation or other entity of
which the securities or other ownership interests having the voting power to
elect a majority of the board of directors or other governing body are, at the
time of determination, owned by Parent, directly or through one of more
Subsidiaries (including, without limitation, the Company).

3.             Compensation and Benefits.

(a)           During the
Employment Period, Executive’s base salary shall be $350,000 per annum or such
other rate as the Board may determine from time to time (the “Base Salary”).  Executive’s Base Salary (as in effect from
time to time) shall be reviewed on no less than an annual basis, and, without
the prior written consent of Executive, it shall not be reduced during the
Employment Period (except as part of a general reduction in the base salaries
for all executive officers of the Company). 
Executive’s Base Salary shall be payable by the Company in regular
installments in accordance with the Company’s general payroll practices (as in
effect from time to time).

(b)           During the
Employment Period, the Company shall reimburse Executive for all reasonable
business expenses incurred by him in the course of performing his duties and
responsibilities under this Agreement which are consistent with the Company’s
policies in effect from time to time with respect to travel, entertainment and
other business expenses, subject to the Company’s requirements with respect to
reporting and documentation of such expenses.

(c)           In addition to the
Base Salary, Executive shall be eligible to receive a performance bonus with
respect to each year during the Employment Period in an aggregate target amount
of up to one-hundred thirty percent (130%) of Executive’s Base Salary; provided
that for the fiscal year ended December 31, 2006 (to the extent not
already paid prior to the effective date hereof) and the fiscal year ended
December 31, 2007, such bonus shall be based on the measures set forth on Exhibit
C hereto and provided  further  that for each fiscal
year of the Company beginning after December 31, 2007, such bonus shall be
based on the terms of the Company’s management incentive plan in effect from
time to time as determined by the Board after consultations with members of the
Company’s senior management team.

(d)           All amounts payable
to Executive as compensation hereunder shall be subject to all required and
customary withholding by the Company.

(e)           During the Employment Period, Executive shall
be included in all employee benefit plans, programs, arrangements (including,
without limitation, any plans, programs or arrangements providing for
disability benefits, health insurance, vacation and paid holidays) to the
extent established by the Company for, or made available to all its senior
executives, subject to Executive’s satisfaction of all applicable eligibility
requirements.

4.             Term.

(a)           The Employment
Period shall continue from the Effective Date and (i) will terminate
immediately upon Executive’s resignation for any reason (with or without Good
Reason (as defined

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below)), death
or Disability (as defined below) and (ii) may be terminated by the Company at
any time for Cause (as defined below) or without Cause.

(b)           Subject to the other
terms and conditions of this Paragraph 4, if (1) the Employment Period
is terminated by the Company or its successors in interest without Cause, (2)
Executive resigns with Good Reason or (3) the Employment Period is terminated
upon Executive’s Disability, Executive shall be entitled to receive (i) his Base Salary through the
date of such termination, (ii) any portion of a bonus from a prior period
(i.e., from a prior year) that has been fully earned and was fully payable
prior to the date on which the Employment Period is terminated but that had not
yet been paid, (iii) a pro rata portion (based on the number of calendar days
of employment during such fiscal year) of any annual bonus that would have
payable to Executive during any year in which his Employment Period is
terminated, provided that any such amount shall only be payable if Executive
was employed by the Company for six months or more of such fiscal year and
provided further that any such payment will be due and payable at such time as
any such bonus amounts would have been paid had Executive remained employed
throughout the entire fiscal year and (iv) twenty-four months Base Salary (provided
that it is expressly understood that included in this sum is such severance and
other payments that may be due to Executive); provided further that upon any termination or resignation of the
type set forth above in (1), (2) and (3), Executive shall be entitled to
continue to participate (at the Company’s cost) in employee benefit plans for
senior executive employees (other than bonus and incentive compensation plans)
to the extent not prohibited under the terms of such programs as of the date of
termination or required under applicable law, for a period of twenty-four
months after such termination or resignation. 
The severance payments contemplated by the preceding sentence shall be
payable by the Company in regular installments in accordance with the Company’s
general payroll practices (as in effect on the date of termination) from the
date of termination for a period of twenty-four months thereafter (the “Severance
Period”).  The severance
payments described in clause (iv) of the first sentence of this paragraph shall
become due and owing if, and only if, Executive has executed and delivered to
the Company and Parent a general release in favor of them in the form attached
hereto as Exhibit A (the “General Release”) and the General
Release has become effective, and only so long as Executive has not revoked or
breached the provisions of the General Release or breached the provisions of Paragraphs
5, 6 and 7 hereof and does not apply for unemployment
compensation chargeable to the Company or any Subsidiary during the Severance
Period.  Executive shall not be entitled
to any other salary, compensation or benefits after termination of the
Employment Period, except as expressly required by applicable law.  The Company may offset the amounts otherwise
payable pursuant to this Paragraph  4(b) by the amount of
compensation and/or income Executive receives with respect to any other
employment or consulting arrangement (including self-employment) during the
Severance Period.  The offsets to the
severance payments, if any, shall be determined on a month-by-month basis and,
upon request from time to time, Executive shall furnish the Company with a true
and complete certificate specifying any such compensation and/or income earned
or received by him during any applicable month during the Severance Period.  Furthermore, the Company shall be entitled to
deduct from any payment otherwise payable to Executive pursuant to this Paragraph
4(b), any amount received by Executive after termination of the Employment
Period under any short-term or long-term disability insurance plan or program
provided to him by the Company; and provided  that Executive shall
promptly and fully disclose to the Company in writing the amount of any such
disability insurance payments.

(c)           If the Employment
Period is terminated for any other reason (including (1) by the Company for
Cause, (2) due to Executive’s death or (3) by Executive’s resignation for any
reason without Good Reason), Executive shall only be entitled to receive (i) his Base Salary through
the date of such termination and (ii) any portion of a bonus from a prior
period (i.e., from a prior year) that has been fully earned and was fully
payable prior to the date on which the Employment Period is terminated but that
had not yet been paid, and Executive shall not be entitled to any other salary,
compensation or benefits from

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the Company, Parent and/or
any of its Subsidiaries thereafter, except as otherwise expressly required by
applicable law.

(d)           Except as otherwise
expressly provided herein, all of Executive’s rights to salary, bonuses,
employee benefits and other compensation hereunder (if any) which would have
accrued or become payable after the termination of the Employment Period shall
cease upon such termination, other than those expressly required under
applicable law (such as COBRA). 
Termination of Executive’s employment with the Company for any reason
shall be deemed to automatically remove Executive, without further action, from
any and all offices held by Executive with the Company or any of its
affiliates.

(e)           The Company may
offset any amounts Executive owes it or its affiliates against any amounts it
or its affiliates owes Executive.

(f)            For purposes of
this Agreement, “Cause” shall mean with respect to Executive one or more
of the following: (i) the commission of a felony or other crime involving moral
turpitude, (ii) the commission of any act or the omission to take an act,
either of which results in disloyalty or fraud toward the Company or any of its
Subsidiaries, or involving dishonesty in connection with the Company or any of
its Subsidiaries, which is materially detrimental to the Company or any of its
Subsidiaries, (iii) reporting to the workplace under the influence of alcohol
or illegal drugs, the use of illegal drugs (whether or not at the workplace) or
other repeated conduct causing the Company or any of its Subsidiaries
substantial public disgrace or disrepute or substantial economic harm, (iv)
failure to perform duties as reasonably directed by the Board, and such failure
is not cured within twenty (20) days after the Executive receives written
notice thereof from the Board, (v) unlawful conduct or gross misconduct that is
willful and deliberate on Executive’s part and that, in either event, is
materially injurious to the Company or any of its Subsidiaries, or (vi) any
other material breach of this Agreement or of any other agreement between
Executive and the Company, which breach has not been cured by Executive within
ten days after written notice thereof to Executive from the Board.

(g)           For purposes of this
Agreement, “Disability” shall mean the inability of Executive to perform on a full-time basis
the duties and responsibilities of his employment with the Company by reason of
his illness or other physical or mental impairment or condition, if such
inability continues for an uninterrupted period of 180 days or more during any
360-day period.  A period of inability
shall be “uninterrupted” unless and until Executive returns to full-time work
for a continuous period of at least 30 days.

(h)           For purposes of this
Agreement, “Good Reason” shall mean (i) any requirement by the Company
that Executive’s principal office be moved by more than fifty (50) miles from
the St. Cloud metropolitan area without Executive’s consent, (ii) a reduction
of Executive’s base salary or aggregate target bonus amount (except as part of
a general reduction in the base salaries or aggregate target bonus amounts for
all executive officers of the Company) or (iii) the material breach of any
terms and conditions of this Agreement by the Company not caused by Executive; provided
that no such occurrence shall constitute the basis for a termination with “Good
Reason” unless Executive notifies the Company in writing within 30 days of such
occurrence that Executive considers such occurrence to be the basis for a
termination with “Good Reason” and the Company fails to cure such occurrence
within 30 days following receipt of such notice; provided  further
that if the Company fails to cure such occurrence within such 30 day period,
Executive shall have period of 15 days following the expiration of such 30 day
period to terminate his employment with “Good Reason” on the basis of such
occurrence and if Executive thereafter remains in the employ of the Company or
any of its Subsidiaries, Executive’s continued employment shall constitute a
waiver of all rights hereunder to terminate his employment for “Good Reason” on
the basis of such occurrence. 
Notwithstanding any provision herein to the contrary, in the

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event that the
Company provides Executive with written notice of its intent to move Executive’s
principal office by more than fifty (50) miles from the St. Cloud metropolitan
area (a “Relocation Notice”), and Executive does not notify the Company
in writing within 30 days following his receipt of any such Relocation Notice
that Executive would consider such a move to be the basis for a termination
with “Good Reason”, then Executive shall be deemed to waive any and all rights
to terminate his employment for “Good Reason” in connection with any such move
as described in such Relocation Notice (it also being understood and agreed
that the Company’s abandonment of any such contemplated move described in any
such Relocation Notice shall be deemed to cure any and all bases for Executive
to claim that any such proposed move would constitute the basis for a
termination with “Good Reason”).

5.             Confidential Information.  Executive acknowledges that the information,
observations and data (including trade secrets) obtained by him during the
course of his employment with the Company and/or any of its affiliates
(including those obtained by him while employed by the Company and/or its
affiliates (including Woodcraft Industries, Inc.) prior to the date of this
Agreement) concerning the business or affairs of the Company or any affiliate (“Confidential
Information”) are the property of the Company or such affiliate.  Therefore, Executive agrees that he shall not
disclose to any person or entity or use for any purpose (other than for the
benefit of the Company and its affiliates) any Confidential Information or any
confidential or proprietary information of other persons or entities in the
possession of the Company and its affiliates (“Third Party Information”),
without the prior written consent of the Board, unless and to the extent that
the Confidential Information or Third Party Information becomes generally known
to and available for use by the public other than as a result of Executive’s
acts or omissions.  Executive shall
deliver to the Company at the termination or expiration of the Employment
Period, or at any other time the Company may request, all memoranda, notes,
plans, records, reports, computer tapes, printouts and software and other
documents and data (and copies thereof) embodying or relating to the
Confidential Information, Work Product (as defined below) or the business of
the Company or any affiliate which he may then possess or have under his
control.

6.             Intellectual Property.  Executive acknowledges that all discoveries,
concepts, ideas, inventions, innovations, improvements, developments, methods,
designs, analyses, drawings, reports, patent applications, copyrightable work
and mask work (whether or not including any confidential information) and all
registrations or applications related thereto, all other proprietary
information and all similar or related information (whether or not patentable)
which relate to the Company’s or any of its affiliates’ actual or anticipated
business, research and development or existing or future products or services
and which are conceived, developed or made by Executive (whether alone or
jointly with others) while employed by the Company or its predecessor and its
affiliates, whether before or after the date of this Agreement (“Work
Product”), belong to the Company or such affiliate.  Executive shall promptly disclose such Work
Product to the Board and, at the Company’s expense, perform all actions
reasonably requested by the Board (whether during or after the Employment
Period) to establish and confirm such ownership (including, without limitation,
assignments, consents, powers of attorney and other instruments). Executive
acknowledges that all Work Product shall be deemed to constitute “works made
for hire” under the U.S. Copyright Act of 1976, as amended.

7.             Non-Compete. Non-Solicitation.

(a)           Executive hereby
acknowledges that, during the course of his employment with the Company he has
and shall become familiar with the Company’s and its affiliates’ trade secrets
and other Confidential Information. Executive acknowledges and agrees that the
Company and its affiliates would be irreparably damaged if he were to provide
services to or otherwise participate in the business of any person or entity
competing with the Company or its Subsidiaries or providing services similar to
the Company and its Subsidiaries and that any such competition or provision of
services by Executive would result in a significant loss of goodwill by the
Company and its Subsidiaries.  Executive
further

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acknowledges
and agrees that the covenants and agreements set forth in this Paragraph
7 were a material inducement to the Company to enter into this Agreement
and to perform its obligations hereunder, and that the Company would not obtain
the benefit of the bargain set forth in this Agreement as specifically negotiated
by the parties hereto if Executive breached the provisions of this Paragraph
7. Therefore, Executive agrees that, during the Employment Period and
for 24 months thereafter (the “Noncompete Period”), he shall not
directly or indirectly own any interest in, manage, control, participate in
(whether as an officer, director, employee, partner, agent, representative or
otherwise), consult with, render services for, or in any other manner engage in
any business competing with the businesses of the Company or its Subsidiaries,
as such businesses exist or are or were in the process of being developed
during the Employment Period within North America or any other geographical
area in which the Company or its Subsidiaries engage or plan to engage in such
businesses.  Nothing herein shall
prohibit Executive from being a passive owner of not more than 2% of the
outstanding stock of any class of a corporation which is publicly traded so
long as he does not have any active participation in the business of such
corporation.

(b)           During the
Noncompete Period, Executive shall not directly or indirectly through another
person or entity (i) induce or attempt to induce any employee of the Company or
any Subsidiary to leave the employ of the Company or such Subsidiary, or in any
way interfere with the relationship between the Company or any Subsidiary and
any employee thereof, (ii) hire any person who was an employee of the Company
or any Subsidiary at any time during the twelve month period prior to the date
of hire, (iii) call
on, solicit, or service any customer, supplier, licensee, licensor or other
business relation or prospective client of the Company or any of its
Subsidiaries with respect to products and/or services that are or have been
provided by the Company or such Subsidiary during the twelve-month period prior
to the termination of the Employment Period, or which the Company or any of its
Subsidiaries is currently in the process of developing or (iv) induce or
attempt to induce any customer, supplier, licensee, licensor, franchisee or
other business relation of the Company or any Subsidiary to cease doing (or
reduce its) business with the Company or such Subsidiary, or in any way
interfere with the relationship between any such customer, supplier, licensee
or business relation and the Company or any Subsidiary (including, without
limitation, making any negative or disparaging statements or communications
regarding the Company or its Subsidiaries).

(c)           In the event of a
breach or a threatened breach by Executive of any of the provisions of this Paragraph
7, the Company would suffer irreparable harm, and in addition and
supplementary to other rights and remedies existing in its favor, the Company
shall be entitled to specific performance and/or injunctive or other equitable
relief from a court of competent jurisdiction in order to enforce or prevent
any violations of the provisions hereof 
In addition, in the event of a breach or violation by Executive of this Paragraph
7, the Noncompete Period shall be automatically extended by the amount
of time between the initial occurrence of the breach or violation and when such
breach or violation has been duly cured. Executive acknowledges that the
restrictions contained in this Paragraph  7 are reasonable and
that he has reviewed the provisions of this Agreement with his legal counsel.

(d)           Executive agrees that Executive shall not at
any time, whether during or after Executive ceases to provide services to the
Company or any of its Subsidiaries, make or publish any untruthful statement
(orally or in writing) that intentionally libels, slanders, disparages or
otherwise defaces the goodwill or reputation (whether or not such disparagement
legally constitutes libel or slander) of the Company, any Subsidiary or any of
their affiliates, or its other officers, managers, directors, partners or
investment professionals.  Executive
acknowledges that he, as part of his employment hereunder, is responsible for
preserving the goodwill or reputation of the aforementioned parties.

8.             Enforcement. 
If, at the time of enforcement of Paragraph  5, 6 or
7 of this Agreement, a court holds that the restrictions stated herein
are unreasonable under circumstances then existing, the parties hereto agree
that the maximum period, scope or geographical area reasonable under such

 6
 

circumstances shall be substituted for the stated
period, scope or area and that the court shall be allowed to revise the
restrictions contained herein to cover the maximum period, scope and area
permitted by law.  Because Executive’s
services are unique and because Executive has access to Confidential
Information and Work Product, the parties hereto agree that the Company could
suffer irreparable harm from a breach of Paragraph  5, 6 or
7 by Executive and that money damages would not be an adequate remedy
for any such breach of this Agreement. 
Therefore, in the event a breach or threatened breach of this Agreement,
the Company or its successors or assigns, in addition to other rights and
remedies existing in their favor, shall be entitled to specific performance
and/or injunctive or other equitable relief from a court of competent
jurisdiction in order to enforce, or prevent any violations of, the provisions
hereof.

9.             Executive’s Representations.

(a)           Executive
acknowledges that the provisions of Paragraphs  5, 6 and 7
are in consideration of his employment with the Company and additional good and
valuable consideration set forth in this Agreement.  In addition, Executive agrees and
acknowledges that the restrictions contained in Paragraphs  5, 6
and 7 do not preclude Executive from earning a livelihood, nor do they
unreasonably impose limitations on Executive’s ability to earn a living.  In addition, Executive acknowledges (a) that
the business of the Company and its Subsidiaries will include all of North
America, (b) notwithstanding the state of incorporation or principal office of
the Company or its Subsidiaries, or any of their respective executives or
employees (including Executive), it is expected that the Company will have
business activities and have valuable business relationships within its
industry throughout North America, and (c) as part of his responsibilities,
Executive may travel around North America in furtherance of the Company’s
business and its relationships.

(b)           Executive hereby
represents and warrants to the Company and Parent that (i) the execution,
delivery and performance of this Agreement by Executive do not and shall not
conflict with, breach, violate or cause a default under any contract,
agreement, instrument, order, judgment or decree to which Executive is a party
or by which he is bound, (ii) except for the Existing Agreements (which shall
be deemed to be superceded and preempted effective as of the Effective Date;
provided that Executive is not waiving his right to receive the bonus amounts
contemplated by that certain Bonus Agreement dated as of May 31, 2006 between
Executive and the Company, which are to be paid by the Company to Executive
upon the closing of the transactions contemplated by the Merger Agreement), Executive
is not a party to or bound by any employment agreement, noncompete agreement or
confidentiality agreement with any other person or entity and (iii) upon the
execution and delivery of this Agreement by the Company and Parent, this
Agreement shall be the valid and binding obligation of Executive, enforceable
in accordance with its terms.  Executive
hereby acknowledges and represents that he has consulted with independent legal
counsel regarding his rights and obligations under this Agreement and that he
fully understands the terms and conditions contained herein.

10.           Retirement Put.

(a)           In the event (i)
Executive resigns for retirement purposes from the employment of the Company
and its Subsidiaries after December 31, 2009 (or such earlier date as the Board
and Executive mutually agree upon) and (ii) Executive provided at least twelve
months’ prior written notice to the Company and Parent of such resignation for
retirement purposes (which notice, for example and for avoidance of doubt, may
be given as early as December 31, 2008 since such date is 12 months prior to
the earliest retirement date specified in clause (i) above) (for purposes of
this Agreement, the satisfaction of the foregoing two (2) conditions, a “Put
Termination”), Executive may elect to have Parent repurchase up to 50% of
the shares of Common Stock (as defined in Paragraph  12) and 50% of the shares
of Series A Preferred Stock (as defined
in Paragraph  12) acquired by Executive pursuant to the
Stock Purchase Agreement (as defined in Paragraph  12)
(collectively, the “Subject Shares”), in accordance with the terms

 7
 

and conditions
set forth in this Paragraph  10 (the “Put Option”); provided, however, that in the event that
Executive elects to have Parent repurchase less than 50% of the shares of Common Stock and 50% of the shares of Series A Preferred Stock
acquired by Executive pursuant to the Stock Purchase Agreement, Executive’s Put
Option with respect to the Subject Shares must be proportionately exercised
with respect to the Subject Shares (i.e., if Executive desires to cause Parent
to repurchase 25% of the shares of Series A Preferred Stock acquired by
Executive pursuant to the Stock Purchase Agreement, Executive must also elect
to have Parent repurchase 25% of the shares of Common Stock acquired by the
Executive pursuant to the Stock Purchase Agreement).

(b)           In the event of a
Put Termination, the purchase price for each share of Series A Preferred Stock
shall be the fair market value (measured as of the date of receipt of the
Repurchase Notice) for such share as determined in good faith by Parent’s board
of directors (the “Parent Board”) without regard to any minority
discount.  The purchase price for each
share of Common Stock shall be the fair market value for such share as
determined in good faith by the Parent Board without regard to any minority
discount.  If Executive objects in writing to the Parent
Board’s determination of fair market value within 15 days after delivery
thereof to Executive, the Parent Board shall engage an independent investment
banking or other professional valuation firm (which firm must be mutually
agreed upon by Executive) to conduct a valuation (the “Independent Valuation”)
of the fair market value, and such investment banking or other professional
valuation firm’s determination of fair market value shall be delivered to the
Parent Board and used instead of the fair market value previously asserted by
the Parent Board.  Parent or the Company,
on the one hand, and Executive, on the other hand, shall bear equally the costs
and fees of such independent investment banking or other professional valuation
firm.

(c)           Subject to the terms
and conditions set forth herein, in the event of a Put Termination, Executive
may elect to have Parent purchase all or any portion of the Subject Shares by
delivering written notice setting forth the number of Subject Shares to be
purchased (the “Repurchase Notice”) to the Parent Board within 30 days
after the effective date of Executive’s retirement described in Paragraph
10(a)(i).  Within 30 days
following receipt of the Repurchase Notice, the Parent Board shall provide
written notice to Executive of the Parent Board’s determination of fair market
value of the Series A Preferred Stock and the Common Stock, the calculation of
the aggregate purchase price for the Subject Shares and the date of the closing
of the purchase of such Subject Shares, which date shall not be more than 60
days nor less than 15 days after the delivery of the Repurchase Notice (or, if
applicable, from the date on which the independent investment banking or other
professional valuation firm has presented its fair market value determination
to the Parent Board).  Parent shall pay
the aggregate purchase price for the Subject Shares to be purchased pursuant to
the Put Option by immediately available funds. 
In addition, Parent may pay the purchase price for such shares by
offsetting bona fide debts owed by Executive to Parent or any of its
Subsidiaries.  Parent and its Affiliates
shall be entitled to receive customary representations and warranties (and
there shall be no other representations and warranties and there shall be no
indemnification other than as a result of the breach of such agreement) from
Executive regarding good title to such shares, that the shares are free and
clear of any liens, security interests, mortgages, pledges or other
encumbrances, that Executive has the capacity and all necessary authority to
enter into such agreement, that the agreement is not in violation or
contravention of any other agreement and that Executive has consulted with
counsel.  There shall be no
representations or warranties other than described in the previous sentence and
the only indemnification obligation shall be for a breach of such representations
and warranties.  Executive shall further
agree to release and discharge any and all claims related to such repurchase.

(d)           The repurchase
payments provided for in this Paragraph 10 shall become due and owing
if, and only if, Executive has executed and delivered to Parent and the Company
a General Release and the General Release has become effective.

 8
 

(e)           Notwithstanding
anything to the contrary contained in this Agreement, all repurchases of
Subject Shares by Parent shall be subject to applicable restrictions, contained
in the Delaware General Corporation Law and in Parent’s and its Subsidiaries’
debt financing agreements with unaffiliated third parties.  If any such restrictions prohibit the
repurchase of the Subject Shares hereunder which Parent is otherwise required
to make, the time periods provided in this Paragraph  10 shall be
suspended, and Parent may make such repurchases as soon as it is permitted to
do so under such restrictions.

(f)            The obligation of
Parent to repurchase the Subject Shares pursuant to this Paragraph  10
shall terminate upon an underwritten public offering of Parent’s Common Stock,
registered under the Securities Act of 1933, as amended from time to time.

11.   Call.

(a)   In
the event (i) Executive’s employment with the Company and its Subsidiaries is
terminated by the Company for Cause, (ii) Executive’s employment with the
Company and its Subsidiaries is terminated by Executive for any reason (other
than a termination of employment by Executive for Good Reason or a Put
Termination), (iii) the Employment Period is terminated due to Executive’s
Death or Disability or (iv) the Employment Period is terminated pursuant to a
Put Termination, then (A) in the case of a Put Termination, the Subject Shares (excluding any Subject
Shares in respect of which Executive has exercised his Put Option under Paragraph
10 above) (such Subject Shares being referred to herein as the “Retirement
Call Option Shares”) held by Executive (or any of his transferees) shall be
subject to repurchase by Parent and the Investor pursuant to the terms and
conditions set forth in this Paragraph  11 (the “Retirement
Call Option”) and (B) in the case of any other termination of Executive’s
employment described above, 100% of the shares of Common Stock and 100% of the
shares of Series A Preferred Stock acquired by Executive pursuant to the Stock
Purchase Agreement (collectively, the “Non-Retirement Call Option Shares”)
held by Executive (or any of his
transferees) shall be subject to repurchase by Parent and the Investor
pursuant to the terms and conditions set forth in this Paragraph  11
(the “Non-Retirement Call Option” and, together with the “Retirement
Call Option”, the “Call Options”). 
For purposes hereof, “Investor” shall mean Olympus Growth Fund
IV, L.P. and its affiliates.  For purposes of this Agreement, the term “Original
Cost” for (1) each share of Common Stock shall be equal to the original
price per share paid therefor by Investor under the Stock Purchase Agreement,
and (2) for each share of Series A Preferred Stock shall be equal to the
original price per share paid therefor by Investor under the Stock Purchase
Agreement, in each case as such amounts may from time to time be
proportionately adjusted by Parent in good faith to reflect any stock split,
stock dividend, reclassification or recapitalization affecting any such shares.

(b)   In the event of an exercise of the
Non-Retirement Call Option pursuant to Paragraph  11(a)(i) or (ii)
above, (x) the purchase price for each share of Series A Preferred Stock
subject to the Non-Retirement Call Option shall be equal the lower of (A) the
Original Cost thereof and (B) the fair market value thereof as determined in
good faith by the Parent Board without regard to any minority discount
(provided that Executive shall have the 15-day right to object to the Parent Board’s
determination of fair market value and demand an Independent Valuation in
accordance with the terms provided in Paragraph 10(b)) and (y) the
purchase price for each share of Common Stock subject to the Non-Retirement
Call Option shall be equal to the lower of (A) the Original Cost thereof and
(B) the fair market value thereof as determined in good faith by the Parent
Board.  In the event of an exercise of
the Non-Retirement Call Option pursuant to Paragraph  11(a)(iii)
above or an exercise of the Retirement Call Option pursuant to Paragraph
11(a)(iv) above, (1) the purchase price for each share of Series A
Preferred Stock subject to such applicable Call Option shall be the fair
market value for such share as determined in good faith by the Parent Board and (2) the purchase price for each share of
Common Stock subject to such applicable Call Option shall be the fair market
value for such share as determined in good faith by the Parent Board (provided,
in the case of each of (1) and (2), that Executive shall have the 15-day right
to object to the

 9
 

Parent
Board’s determination of fair market value and demand an Independent Valuation
in accordance with the terms provided in Paragraph 10(b)).

(c)   Parent (as directed by the Parent Board) may elect to purchase
all or any portion of the Call Option Shares subject to the applicable Call
Option by delivering written notice (the “Call Option Notice”) to the
holder or holders of the Call Option Shares subject to such applicable Call
Option at any time after 30 days after
the effective date of the termination of Executive’s employment with the
Company and its Subsidiaries but within 120 days after such date.  The Call Option Notice shall set forth
the number and class of Call Option Shares subject to the applicable Call
Option to be acquired from each holder of Call Option Shares subject to the
applicable Call Option, the aggregate consideration to be paid for such shares
and the time and place for the closing of the transaction.  The number of shares of each class of Call
Option Shares subject to the applicable Call Option to be repurchased by Parent shall first be satisfied to the
extent possible from the Call Option Shares subject to the applicable Call
Option held by Executive at the time of delivery of the Call Option Notice. If
the number of such class of Call Option Shares subject to the applicable Call
Option then held by Executive is less than the total number of shares of such
class of Call Option Shares subject to the applicable Call Option which Parent has elected to purchase,
Parent shall purchase the
remaining shares elected to be purchased from the other holder(s) of such class
of Call Option Shares subject to the applicable Call Option under this
Agreement pro rata according to the number of shares of such class of Call
Option Shares subject to the applicable Call Option held by such other
holder(s) at the time of delivery of such Call Option Notice (determined as
close as practicable to the nearest whole shares).  The number of each class of Call Option Shares
subject to the applicable Call Option to be repurchased hereunder shall be
allocated among Executive and the other holders of such class of Call Option
Shares (if any) subject to the applicable Call Option pro rata according to the
number of shares of  such class of Call
Option Shares to be purchased from such persons.

(d)   If
for any reason Parent
does not elect to purchase all of the Call Option Shares pursuant to the
applicable Call Option, the Investor shall be entitled to exercise the
applicable Call Option for the Call Option Shares subject thereto which Parent has not elected to purchase
(the “Available Shares”).  As soon
as practicable after Parent has
determined that there will be Available Shares, but in any event within 150
days after the termination of Executive’s employment with the Company and its
Subsidiaries, Parent shall give
written notice (the “Investor Call Notice”) to the Investor setting
forth the number of Available Shares and the purchase price for each class of
the Available Shares. The Investor may elect to purchase any or all of the
Available Shares by giving written notice to Parent within 30 days after the Investor Call Notice has been
given by Parent.  As soon as practicable, and in any event
within ten days after the expiration of the 30-day period set forth above, Parent shall notify each holder of
Call Option Shares subject to the applicable Call Option as to the number of
each class of Call Option Shares being purchased from such holder by the
Investor (the “Supplemental Call Option Notice”).  At the time Parent delivers the Supplemental Call Option Notice to the
holder(s) of Call Option Shares subject to the applicable Call Option, Parent shall also deliver written
notice to the Investor setting forth the number of each class of Call Option
Shares subject to the applicable Call Option the Investor is entitled to
purchase, the aggregate purchase price and the time and place of the closing of
the transaction. The number of each class of Call Option Shares subject to the
applicable Call Option to be repurchased hereunder shall be allocated among Parent and the Investor pro rata
according to the number of shares of each class of Call Option Shares to be
purchased by each of them.  In the event
that Parent and the Investor collectively elect
to repurchase less than 100% of the Call Option Shares subject to the
applicable Call Option, such Call
Option must be proportionately exercised with respect to the Call Option Shares
subject to the applicable Call Option (i.e., if Parent and the Investor collectively desire to repurchase
50% of the shares of Common Stock subject to the applicable Call Option, Parent
and the Investor collectively must also repurchase 50% of the shares of Series
A Preferred Stock subject to the applicable Call Option).

 10
 

(e)   The
closing of the purchase of the Call Option Shares pursuant to a particular Call
Option shall take place on the date designated by Parent in the Call Option Notice or
Supplemental Call Option Notice, which date shall not be more than 60 days nor
less than 15 days after the delivery of the later of either such notice to be
delivered (or, if applicable, from the date on which the independent investment
banking or other professional valuation firm has presented its fair market
value determination to the Parent Board). 
Parent and/or the Investor (as
applicable) shall each pay the portion of the aggregate purchase price for the
Call Option Shares subject to the applicable Call Option to be purchased pursuant to such Call Option
by Parent or the Investor (as applicable) by immediately available funds.  In addition, Parent and/or the Investor (as applicable) may pay the purchase
price for such shares by offsetting bona fide debts owed by Executive to either
of them or any of their respective affiliates. 
Parent and its Affiliates shall be entitled to receive customary
representations and warranties (and there shall be no other representations and
warranties and there shall be no indemnification other than as a result of the
breach of such agreement) from Executive regarding good title to such shares,
that the shares are free and clear of any liens, security interests, mortgages,
pledges or other encumbrances, that Executive has the capacity and all
necessary authority to enter into such agreement, that the agreement is not in
violation or contravention of any other agreement and that Executive has
consulted with counsel.  There shall be
no representations or warranties other than described in the previous sentence
and the only indemnification obligation shall be for a breach of such
representations and warranties. 
Executive shall further agree to release and discharge any and all
claims related to such repurchase.

(f)    The
right of Parent and
the Investor to repurchase Call Option Shares pursuant to this Paragraph
11 shall terminate upon an
underwritten public offering of Parent’s Common Stock, registered under the
Securities Act of 1933, as amended from time to time.

(g)   Notwithstanding
anything to the contrary contained in this Agreement, all repurchases of Call
Option Shares hereunder shall be subject to applicable restrictions contained
in the Delaware General Corporation Law and in Parent’s and its Subsidiaries’ debt
financing agreements with unaffiliated third parties. If any such restrictions
prohibit the repurchase of Call Option Shares hereunder which Parent and/or the Investor is
otherwise entitled to make, the time periods provided in this Paragraph 11
shall be suspended, and Parent and
the Investor may make such repurchases as soon as it is permitted to do so
under such restrictions.

12.           Purchase Obligation.  On the Effective Date and concurrently with
the closing of the transactions contemplated by the Merger Agreement, Executive
shall (i) execute and deliver to Parent a counterpart signature page to the
stock purchase agreement attached hereto in the form of Exhibit D (the “Stock
Purchase Agreement”) and (ii) on and subject to the terms set forth in the
Stock Purchase Agreement, make an investment in Parent in an aggregate amount
in cash (and/or, provided that the Parent has consented to such exchange and
agreed to the number of shares to be exchanged, a number of exchanged shares of
voting common stock of WII Components each having a value equal to the Price
Per Common Share (as defined in the Merger Agreement)) equal to $1,000,000 in
the aggregate (the “Cash Investment Amount”) to purchase (x) a number of
shares of Parent’s Common Stock (as defined in the Stock Purchase Agreement)
equal to the quotient determined by dividing (1) the product of (A) the
Common Investment Percentage (as defined below) and (B) the Cash Investment
Amount, by (2) the per share purchase price for the Common Stock set
forth therein (which shall be the same per share purchase price for the Common
Stock to be paid by the other purchasers thereof on the Effective Date pursuant
to the Stock Purchase Agreement) and (y) a number of shares of Parent’s Series
A Preferred Stock (as defined in the Stock Purchase Agreement) equal to the
quotient determined by dividing (1) the product of (A) the Preferred
Investment Percentage (as defined below) and (B) the Cash Investment Amount, by
(2) the per share purchase price for the Series A Preferred Stock set forth
therein (which shall be the same per share purchase price for the Series A Preferred
Stock to be paid by the other purchasers thereof on the Effective Date pursuant
to the Stock Purchase Agreement).  For
purposes hereof, (1) the term “Common

 11
 

Investment Percentage” shall mean the quotient
(expressed as a decimal) determined by dividing (A) the aggregate
purchase price to be paid by Investor on the Effective Date under the Stock
Purchase Agreement in exchange for the shares of Common Stock to be purchased
by the Investor thereunder on the Effective Date, by (B) the aggregate
purchase prices to be paid by Investor on the Effective Date under the Stock
Purchase Agreement in exchange for the shares of Common Stock and the shares of
Series A Preferred Stock to be purchased by the Investor thereunder on the
Effective Date and (2) the term “Preferred Investment Percentage” shall mean
the quotient (expressed as a decimal) determined by dividing (A) the
aggregate purchase price to be paid by Investor on the Effective Date under the
Stock Purchase Agreement in exchange for the shares of Series A Preferred Stock
to be purchased by the Investor thereunder on the Effective Date, by (B)
the aggregate purchase prices to be paid by Investor on the Effective Date
under the Stock Purchase Agreement in exchange for the shares of Common Stock
and the shares of Series A Preferred Stock to be purchased by the Investor
thereunder on the Effective Date.

For purposes hereof, the
term “Common Stock” shall have the meaning ascribed to such term in the Stock
Purchase Agreement and the term “Series A Preferred Stock” shall have the
meaning ascribed to such term in the Stock Purchase Agreement.

13.           Survival.  Paragraphs  5 through 27,
inclusive, shall survive and continue in full force in accordance with their
terms notwithstanding the expiration or termination of the Employment Period.

14.           Notices.  Any notice provided for in this Agreement
shall be in writing and shall be either personally delivered, sent by reputable
overnight courier service or mailed by first class mail, return receipt
requested, to the recipient at the address below indicated:

	
  Notices to Executive:

  
	
   

  
	
  John Fitzpatrick

  
	
  1710 Shadywood Road

  
	
  Wayzata, MN 55391

  
	
   

  
	
  Notices to the Company:

  
	
   

  
	
  WII Merger Corporation

  
	
  c/o WII Components,
  Inc.

  
	
  525 Lincoln Avenue SE

  St. Cloud, MN 56304

  
	
  Attn: Chief Executive
  Officer

  
	
   

  
	
  With a copy (which
  shall not constitute notice) to:

  
	
   

  
	
  WII Merger Corporation

  c/o Olympus Partners

  
	
  One Station Place, 4th Floor

  Stamford, CT  06902

  
	
  Attn:  L. David Cardenas 

  
	
   

  
	
  With a copy (which
  shall not constitute notice) to:

  
	
   

  
	
  Kirkland & Ellis
  LLP

  
	
  200 East Randolph Drive
  

  Chicago, IL 60601 

  

 

 12
 

 

	
  Attn: John A Schoenfeld,
  P.C.

  
	
   

  
	
  Notices
  to Parent

  
	
   

  
	
  WII
  Holding, Inc.

  c/o Olympus Partners

  
	
  One
  Station Place, 4th Floor

  Stamford, CT  06902

  
	
  Attn:  L. David Cardenas

  
	
   

  
	
   

  
	
  With
  a copy (which shall not constitute notice) to:

  
	
   

  
	
  Kirkland
  & Ellis LLP

  
	
  200
  East Randolph Drive 

  Chicago, IL 60601 

  Attn: John A Schoenfeld, P.C.

  

 

or such other address or
to the attention of such other person as the recipient party shall have
specified by prior written notice to the sending party. Any notice under this
Agreement shall be deemed to have been given when so delivered, sent or mailed.

15.           Severability.  Whenever possible, each provision of this
Agreement shall be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Agreement is held to be
invalid, illegal or unenforceable in any respect under any applicable law or
rule in any jurisdiction, such invalidity, illegality or unenforceability shall
not affect any other provision of this Agreement or any action in any other
jurisdiction, but this Agreement shall be reformed, construed and enforced in
such jurisdiction as if such invalid, illegal or unenforceable provision had
never been contained herein.

16.           Complete Agreement.  This Agreement contains the complete
agreement and understanding among the parties relating to the subject matter
hereof and supersedes and preempts any prior understandings, agreements or
representations by or among the parties, written or oral, which may have
related to the subject matter hereof in any way (including the Existing
Agreements).

17.           No Strict Construction. The
language used in this Agreement shall be deemed to be the language chosen by
the parties hereto to express their mutual intent, and no rule of strict
construction shall be applied against any party.

18.           Counterparts. This Agreement
may be executed in separate counterparts, each of which is deemed to be an
original and all of which taken together constitute one and the same agreement.

19.           Successors and Assigns. This
Agreement is intended to bind and inure to the benefit of and be enforceable by
Executive, Parent, the Company and their respective heirs, successors and
assigns, except that Executive may not assign his rights or delegate his duties
or obligations hereunder without the prior written consent of the Company and
Parent.  Investor and each of the Company’s
Subsidiaries are intended third party beneficiaries of the covenants and
agreements made by Executive in this Agreement.

20.           Choice of Law.  All issues and questions concerning the
construction, validity, enforcement and interpretation of this Agreement and
the exhibits and schedules hereto shall be governed by, and construed in
accordance with, the laws of the State of Minnesota, without giving effect to
any 

 13
 

choice of law or conflict of law rules or provisions
(whether of the State of Minnesota or any other jurisdiction) that would cause the
application of the laws of any jurisdiction other than the State of Minnesota.

21.           Amendment and Waiver. The
provisions of this Agreement may be amended or waived only with the prior
written consent of the Company (as approved by the Board), Parent (as approved
by the Parent Board), Investor and Executive, and no course of conduct or
course of dealing or failure or delay by any party hereto in enforcing or
exercising any of the provisions of this Agreement (including, without
limitation, the Company’s right to terminate the Employment Period for Cause)
shall affect the validity, binding effect or enforceability of this Agreement
or be deemed to be an implied waiver of any provision of this Agreement.

22.           Insurance. The Company may, at
its discretion, apply for and procure in its own name and for its own benefit
life and/or disability insurance on Executive in any amount or amounts
considered advisable. Executive agrees to cooperate in any medical or other
examination, supply any information and execute and deliver any applications or
other instruments in writing as may be reasonably necessary to obtain and
constitute such insurance. Executive hereby represents that he has no reason to
believe that his life is not insurable at rates now prevailing for healthy men
of his age.

23.           Corporate Opportunity.  During the Employment Period, Executive shall
submit to the Board all business, commercial and investment opportunities or
offers presented to Executive or of which Executive becomes aware which relate
to the business of the Company at any time during the Employment Period (“Corporate
Opportunities”). Unless approved by the Board, Executive shall not accept
or pursue, directly or indirectly, any Corporate Opportunities on Executive’s
own behalf.

24.           Executive’s Cooperation.
During the Employment Period and thereafter for a period of six (6) years,
Executive shall cooperate with the Company and its Subsidiaries in any internal
investigation, any administrative, regulatory or judicial proceeding or any
dispute with a third party as reasonably requested by the Company (including,
without limitation, Executive being available to the Company upon reasonable
notice for interviews and factual investigations, appearing at the Company’s
request to give testimony without requiring service of a subpoena or other
legal process, volunteering to the Company all pertinent information and
turning over to the Company all relevant documents which are or may come into
Executive’s possession, all at times and on schedules that are reasonably
consistent with Executive’s other permitted activities and commitments). In the
event the Company requires Executive’s cooperation in accordance with this
paragraph after the Employment Period, the Company shall reimburse Executive
for reasonable travel expenses (including lodging and meals) upon submission of
receipts.

25.           Tax Disclosures.
Notwithstanding anything herein to the contrary, the Company and Executive and
each other party to the transaction contemplated hereby (and each affiliate and
person acting on behalf of any such party) agree that each party (and each
employee, representative and other agent of such party) may disclose to any and
all persons, without, limitation of any kind, the tax treatment and tax
structure of the transaction and all materials of any kind (including opinions
or other tax analyses) that are provided to such party or such person relating
to such tax treatment and tax structure, except to the extent necessary to
comply with any applicable federal or state securities laws. This authorization
is not intended to permit disclosure of any other information, including,
without limitation (i) any portion of any materials to the extent not related
to the tax treatment or tax structure of the transaction, (ii) the identities
of participants or potential participants in the transaction, (iii) the
existence or status of any negotiations, (iv) any pricing or financial
information (except to the extent such pricing or financial information is
related to the tax treatment or tax structure of the transaction) or (v) any
other term or detail not relevant to the tax treatment or the tax structure of
the transaction.

 14
 

26.           Arbitration.

(a)           Except with respect
to disputes and claims under Paragraphs  5, 6 and 7
hereof (which the parties hereto may pursue in any court of competent
jurisdiction and which may be pursued in any court of competent jurisdiction as
specified below and with respect to which each party shall bear the cost of its
own attorneys’ fees and expenses, except to the extent otherwise required by
applicable law), each party hereto agrees that arbitration, pursuant to the
procedures set forth in the National Rules for the Resolution of Employment
Disputes of the American Arbitration Association (as adopted and effective as of
June 1, 1997 or such later version as may then be in effect) (the “AAA Rules”),
shall be the sole and exclusive method for resolving any claim or dispute (“Claim”)
arising out of or relating to the rights and obligations of the parties under
this Agreement and the employment of Executive by the Company (including,
without limitation, claims and disputes regarding employment discrimination,
sexual harassment, termination and discharge), whether such claim arose or the
facts on which such Claim is based occurred prior to or after the execution and
delivery of this Agreement.  The parties
hereto agree that (i) one arbitrator shall be appointed pursuant to the AAA
Rules to conduct any such arbitration, (ii) all meetings of the parties and all
hearings with respect to any such arbitration shall take place in Minneapolis,
Minnesota, (iii) each party to the arbitration shall bear its own costs and
expenses (including, without limitation, all attorneys’ fees and expenses,
except to the extent otherwise provided by applicable law), (iv) all costs and
expenses of the arbitration proceeding (such as filing fees, the arbitrator’s
fees, hearing expenses, etc.) shall be borne equally by the parties hereto. The
parties agree that the judgment, award or other determination of any
arbitration under the AAA Rules shall be final, conclusive and binding on all
of the parties hereto. Nothing in this Paragraph  26 shall
prohibit any party hereto from instituting litigation to enforce any final
judgment, award or determination of the arbitration. Each party hereto hereby
irrevocably submits to the jurisdiction of the appropriate state courts sitting
in Minneapolis, Minnesota, and agrees that either court shall be the exclusive
forum for the enforcement of any such final judgment, award or determination of
the arbitration.  Each party hereto
irrevocably consents to service of process by registered mail or personal
service and waives any objection on the grounds of personal jurisdiction, venue
or inconvenience of the forum.  Each
party hereto further agrees that each other party hereto may initiate
litigation in any court of competent jurisdiction to execute any judicial
judgment enforcing or not enforcing any award, judgment or determination of the
arbitration.

(b)           Notwithstanding the
foregoing, prior to any party hereto instituting any arbitration proceeding
hereunder to resolve any Claim, such party first shall submit the Claim to a
mediation proceeding between the parties hereto which shall be governed by the
prevailing procedures of the American Arbitration Association and shall be
conducted in Minneapolis, Minnesota. If the parties hereto have not agreed in
writing to a resolution of the Claim pursuant to the mediation within 45 days
after the commencement thereof of if any party refuses to participate in the
mediation process, then the Claim may ‘be submitted to arbitration under Paragraph
26(a) above.  Each party hereto
shall bear its own costs and expenses incurred in connection with the
mediation, and all costs and expenses of the mediation proceeding shall be
borne equally by the parties hereto.

27.           Effect of the Merger.  From and after the Effective Date, by virtue
of the merger contemplated by the Merger Agreement whereupon the Company shall
merge with and into WII Components, with WII Components as the surviving
corporation and a Subsidiary of Parent, and without any action on the part of
any party hereto, all references herein to the “Company” shall be deemed to
refer to “WII Components, Inc.”

28.           Effectiveness.  In the event that the transactions
contemplated by the Merger Agreement (including the merger contemplated
thereby) do not close for any reason, this Agreement shall be nullified and
shall have no further force and effect.

*  * 
*  *  *  *

 15

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

	
  

  	
  WII MERGER CORPORATION

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Its:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  WII HOLDING, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Its:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  John Fitzpatrick

  

 

Exhibit A

GENERAL RELEASE

I,                                            ,
in  consideration of and subject to the
performance by                            ,
a Delaware corporation (together with its subsidiaries, the “Company”)
of its obligations under the Employment Agreement, dated as of                        
(the “Agreement”), do hereby release and forever discharge as of the
date hereof the Company and its affiliates and all present and former
directors, officers, agents, representatives, employees, successors and assigns
of the Company and its affiliates and the Company’s direct or indirect owners
(collectively, the “Released Parties”) to the extent provided below.

1.     I understand that any payments or benefits
paid or granted to me under Paragraph 4(b) of the Agreement represent,
in part, consideration for signing this General Release and are not salary,
wages or benefits to which I was or may have been already entitled. I
understand and agree that I will not receive the payments and benefits
specified in Paragraph 4(b) of the Agreement unless I execute this
General Release and do not revoke this General Release within the time period
permitted hereafter or breach this General Release.  Such payments and benefits will not be considered
compensation for purposes of any employee benefit plan, program, policy or
arrangement maintained or hereafter established by the Company or its
affiliates.  I also acknowledge and
represent that I have received all payments and benefits that I am entitled to
receive (as of the date hereof) by virtue of any employment by the Company
and/or any of its affiliates.

2.     Except (i) as provided in paragraph 4
below, (ii) as provided in the Merger Agreement, (iii) as to such
indemnification rights provided by the Company to its directors and officers,
in their capacity as such, to the maximum extent allowed by applicable law,
(iv) as to claims with respect to any earned but unpaid vacation and paid-time
off that has been accrued prior to Executive’s termination pursuant to the
Company’s benefits plans and policies and (v) for the provisions of the
Agreement which expressly survive the termination of my employment with the
Company and/or any of its affiliates, I knowingly and voluntarily (for myself,
my heirs, executors, administrators and assigns) release and forever discharge
the Company and the other Released Parties from any and all claims, suits,
controversies, actions, causes of action, cross-claims, counter-claims,
demands, debts, compensatory damages, liquidated damages, punitive or exemplary
damages, other damages, claims for costs and attorneys’ fees, or liabilities of
any nature whatsoever in law and in equity, both past and present (through the
date this General Release becomes effective and enforceable) and whether known
or unknown, suspected, or claimed against the Company or any of the Released
Parties which I, my spouse, or any of my heirs, executors, administrators or
assigns, may have, which arise out of or are connected with my employment with,
or my separation or termination from, the Company (including, but not limited
to, any allegation, claim or violation, arising under: Title VII of the Civil
Rights Act of 1964, as amended; the Civil Rights Act of 1991; the Age
Discrimination in Employment Act of 1967, as amended (including the Older
Workers Benefit Protection Act); the Equal Pay Act of 1963, as amended; the
Americans with Disabilities Act of 1990; the Family and Medical Leave Act of
1993; the Worker Adjustment Retraining and Notification Act; the Employee
Retirement Income Security Act of 1974; any applicable Executive Order
Programs; the Fair Labor Standards Act; or their state or local counterparts;
or under any other federal, state or local civil or human rights law, or under
any other local, state, or federal law, regulation or ordinance; or under any
public policy, contract or tort, or under common law; or arising under any
policies, practices or procedures of the Company and/or any of its affiliates;
or any claim for wrongful discharge, breach of contract, infliction of
emotional distress, defamation; or any claim for costs, fees, or other
expenses, including attorneys’ fees incurred in these matters) (all of the
foregoing collectively referred to herein as the “Claims”).

3.     I represent that I have made no assignment
or transfer of any right, claim, demand, cause of action, or other matter
covered by paragraph 2 above.

4.     I agree that this General Release does not
waive or release any rights or claims that I may have under the Age
Discrimination in Employment Act of 1967 which arise after the date I execute
this General Release. I acknowledge and agree that my separation from
employment with the Company and/or any of its affiliates in compliance with the
terms of the Agreement shall not serve as the basis for any claim or action
(including, without limitation, any claim under the Age Discrimination in
Employment Act of 1967).

5.     In signing this General Release, I
acknowledge and intend that it shall be effective as a bar to each and every
one of the Claims hereinabove mentioned or implied. I expressly consent that
this General Release shall be given full force and effect according to each and
all of its express terms and provisions, including those relating to unknown
and unsuspected Claims (notwithstanding any state statute that expressly limits
the effectiveness of a general release of unknown, unsuspected and
unanticipated Claims), if any, as well as those relating to any other Claims
hereinabove mentioned or implied. I acknowledge and agree that this waiver is
an essential and material term of this General Release and that without such
waiver the Company would not have agreed to the terms of the Agreement.  I further agree that in the event I should
bring a Claim seeking damages against the Company or any of the other Released
Parties, or in the event I should seek to recover against the Company or any of
the Other Released Parties in any Claim brought by a governmental agency on my
behalf, this General Release shall serve as a complete defense to such Claims.
I further agree that I am not aware of any pending claim of the type described
in paragraph 2 as of the execution of this General Release.

6.     [I represent that I am not aware of any
claim by me other than the claims that are released by this Agreement.  I acknowledge that I may hereafter discover
claims or facts in addition to or different than those which I now know or
believe to exist with respect to the subject matter of this General Release and
which,  if known or suspected at the time
of entering into this General Release, may have materially affected this
General Release and my decision to enter into it.  Nevertheless, I hereby waive any right, claim
or cause of action that might arise as a result of such different or additional
claims or facts and I hereby expressly waive any and all rights and benefits
confirmed upon me by the provisions of California Civil Code Section 1542,
which provides as follows:

“A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE
CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS
SETTLEMENT WITH THE DEBTOR.”

Being aware of such
provisions of law, I agree to expressly waive any rights I may have thereunder,
as well as under any other statute or common law principles of similar effect.](1)

7.     I agree that neither this General Release,
nor the furnishing of the consideration for this General Release, shall be
deemed or construed at any time to be an admission by the Company, any Released
Party or myself of any improper or unlawful conduct.

(1)           To be included as applicable.

8.     I agree that I will forfeit all amounts
payable by the Company pursuant to the Agreement if I challenge the validity of
this General Release. I also agree that if I violate this General Release by
suing the Company or the other Released Parties, I will pay all costs and
expenses of defending against the suit incurred by the Released Parties,
including reasonable attorneys’ fees, and return all payments received by me
pursuant to the Agreement.

9.     I agree that this General Release and the
Agreement are confidential and agree not to disclose any information regarding
the terms of this General Release or the Agreement, except to my immediate
family and any tax, legal or other counsel I have consulted regarding the
meaning or effect hereof or as required by law, and I will instruct each of the
foregoing not to disclose the same to anyone. 
Notwithstanding anything herein to the contrary, each of the parties
(and each affiliate and person acting on behalf of any such party) agree that
each party (and each employee, representative, and other agent of such party)
may disclose to any and all persons, without limitation of any kind, the tax
treatment and tax structure of this transaction contemplated in the Agreement
and all materials of any kind (including opinions or other tax analyses) that
are provided to such party or such person relating to such tax treatment and
tax structure, except to the extent necessary to comply with any applicable
federal or state securities laws.  This
authorization is not intended to permit disclosure of any other information
including (without limitation) (i) any portion of any materials to the
extent not related to the tax treatment or tax structure of this transaction,
(ii) the identities of participants or potential participants in the
Agreement, (iii) any financial information (except to the extent such
information is related to the tax treatment or tax structure of this
transaction), or (iv) any other term or detail not relevant to the tax
treatment or the tax structure of this transaction.

10.   Any non-disclosure provision in this General
Release does not prohibit or restrict me (or my attorney) from responding to
any inquiry about this General Release or its underlying facts and
circumstances by the Securities and Exchange Commission (SEC), the National
Association of Securities Dealers, Inc. (NASD), any other self-regulatory
organization or governmental entity.

11.   I agree to reasonably cooperate with the
Company and its affiliates in any internal investigation, any administrative,
regulatory, or judicial proceeding or any dispute with a third party. I
understand and agree that my cooperation may include, but not be limited to,
making myself available to the Company and its affiliates upon reasonable
notice for interviews and factual investigations; appearing at the Company’s
request to give testimony without requiring service of a subpoena or other
legal process; volunteering to the Company pertinent information; and turning
over to the Company all relevant documents which are or may come into my
possession all at times and on schedules that are reasonably consistent with my
other permitted activities and commitments. I understand that in the event the
Company asks for my cooperation in accordance with this provision, the Company
will reimburse me solely for reasonable travel expenses, (including lodging and
meals), upon my submission of receipts, and for my time, to the extent rendered
at the Company’s request, at a reasonable consulting fee.

12.   I agree not to disparage the Company, its
past and present investors, officers, directors or employees or its affiliates
and to keep all confidential and proprietary information about the past or
present business affairs of the Company and its affiliates confidential unless
a prior written release from the Company is obtained.  I further agree that as of the date hereof, I
have returned to the Company any and all property, tangible or intangible,
relating to its business, which I possessed or had control over at any time
(including, but not limited to, company-provided credit cards, building or
office access cards, keys, computer equipment, manuals, files, documents,
records, software, customer data base and other data) and that I shall not
retain any copies, compilations, extracts, excerpts, summaries or other notes
of any such manuals, files, documents, records, software, customer data base or
other data.

13.   Notwithstanding anything in this General
Release to the contrary, this General Release shall not relinquish, diminish,
or in any way affect any rights or claims arising out of any breach by the
Company or by any Released Party of the Agreement after the date hereof.

14.   Whenever possible, each provision of this
General Release shall be interpreted in, such manner as to be effective and
valid under applicable law, but if any provision of this General Release is
held to be invalid, illegal or unenforceable in any respect under any
applicable law or rule in any jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other provision or any other
jurisdiction, but this General Release shall be reformed, construed and
enforced in such jurisdiction as if such invalid, illegal or unenforceable
provision had never been contained herein.

BY SIGNING THIS GENERAL RELEASE, I REPRESENT AND AGREE
THAT:

(i)                                     I
HAVE READ IT CAREFULLY;

(ii)                                  I
UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS,
INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT
ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED;
THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE
EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED;

(iii)                               I
VOLUNTARILY CONSENT TO EVERYTHING IN IT;

(iv)                              I
HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE
DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION I HAVE CHOSEN NOT TO DO SO
OF MY OWN VOLITION;

(v)                                 I
HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS RELEASE
SUBSTANTIALLY IN ITS FINAL FORM ON                                
    ,            TO CONSIDER
IT AND THE CHANGES MADE SINCE THE   
                     
          ,            VERSION OF THIS
RELEASE ARE NOT MATERIAL AND WILL NOT RESTART THE REQUIRED 21-DAY PERIOD;

(vi)                              THE
CHANGES TO THE AGREEMENT SINCE   
                     
          
 ,         
  EITHER ARE NOT MATERIAL OR WERE MADE AT MY REQUEST.

(vii)                           I
UNDERSTAND THAT I HAVE SEVEN DAYS AFTER THE EXECUTION OF THIS RELEASE TO REVOKE
IT AND THAT THIS RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE
REVOCATION PERIOD HAS EXPIRED;

(viii)                        I
HAVE SIGNED THIS GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE
OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND

(ix)                                I
AGREE THAT THE PROVISIONS OF THIS GENERAL RELEASE MAY NOT BE AMENDED, WAIVED,
CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED
REPRESENTATIVE OF THE COMPANY AND BY ME.

 

	
  DATE: 

  	
   

  	
   

  	
   

  	
   

  

 

Exhibit B

Permitted Board
Memberships

Baker Manufacturing (an
Evansville, Wisconsin based make of pumps and well-water equipment)

Exhibit C

Bonus Target
Methodologies for Years Ended December 31, 2006 and December 31, 2007

INCENTIVE
COMPENSATION

For each fiscal
year of the Company beginning after December 31, 2005, Executive shall earn, as
incentive compensation, a percentage of his base salary, up to a maximum of
130%. The incentive compensation will be determined on the basis of EBITDA of
the Company.  Incentive compensation
shall be determined as follows:

A.           For each percentage
point (rounded up or down to the nearest whole number) that the Company’s
EBITDA is greater than 85% of the Company’s projected aggregate EBITDA, up to
and including 100%, Executive shall earn the product of 4.333% of his base
salary not to exceed 65%; and

B.             For each percentage
point (rounded up or down to the nearest whole number) that the Company’s
EBITDA is greater than 100% of the Company’s projected aggregate EBITDA, up to
and including 125%, Executive shall earn 2.6% of his base salary not to exceed
65%.

All calculations
that are required to determine the amount of Executive’s incentive compensation
for a fiscal year shall be calculated as of December 31.  The Company shall pay Executive the amount of
incentive compensation that he has earned for a fiscal year, if any, within 75
days after the end of the year.

For purposes of
determining Executive’s incentive compensation, the terms used in this exhibit
have the following meanings:

“Base Salary”
shall mean the total base salary paid to Executive in accordance with Paragraph
3(a) of this Agreement during the applicable full fiscal year.

“Projected
Aggregate EBITDA” shall mean, for any year, the amount proposed by management
and approved by the Company’s Board of Directors in the Company’s annual plan
for a fiscal year as the Company’s projected EBITDA.

Exhibit D

Form of Stock
Purchase Agreement

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