Document:

Employment Agreement

 Exhibit 10.2 
  
 EMPLOYMENT AGREEMENT 
  

THIS AGREEMENT, made and entered into this 1st day of March 2004, by and between CHICAGO MERCANTILE EXCHANGE Inc. (“Employer”
or “CME”), a Delaware Corporation, having its principal place of business at 20 South Wacker Drive, Chicago, Illinois, and Scott Robinson (“Employee”). 
  
 R E C I T A L S: 
  
 WHEREAS, Employer wishes to retain the services of Employee in the capacity of Managing Director, Corporate Development upon the terms and conditions
hereinafter set forth and Employee wishes to accept such employment; 
  
 NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties mutually agree as follows: 
  

	1)	Employment. Subject to the terms of the Agreement, Employer hereby agrees to employ Employee during the Agreement Term as Managing Director, Corporate Development and
Employee hereby accepts such employment. Employee shall report to the Employer’s Chief Executive Officer. The duties of Employee shall include, but not be limited to, the performance of all duties associated with overseeing and directing
CME’s mergers and acquisitions activities and serve as an integral member of CME’s senior management team. Employee will be responsible for adding important managerial insight to CME’s strategic planning process and business plan
implementation - including mergers and acquisitions, joint ventures, strategic alliances and related activities. Employee will also work with senior executive management and CME’s Board of Directors (“Board”) to further develop and
refine CME’s global corporate strategy. Employee will provide such business and professional services in the performance of his duties that are consistent with Employee’s position as Managing Director, Corporate Development, and as shall
reasonably be assigned to him by the Chief Executive Officer or Board. Employee shall devote his full time, ability and attention to the business of Employer during the Agreement Term. 

  
 Notwithstanding anything to the contrary contained herein, nothing in the
Agreement shall preclude Employee from participating in the affairs of any governmental, educational or other charitable institution, engaging in professional speaking and writing activities, and serving as a member of the board of directors of a
publicly held corporation (except for a competitor of Employer), provided Employee notifies the Chief Executive Officer and the Board prior to his participating in any such activities and as long as the Board does not determine that any such
activities interfere with or diminish Employee’s obligations under the Agreement. Employee shall be entitled to retain all fees, royalties and other compensation derived from such activities, in addition to the compensation and other benefits
payable to him under the Agreement, but shall disclose such fees to Employer. 
  

	2)	Agreement Term. Employee shall be employed hereunder for a term commencing on March 1, 2004, and expiring on March 1, 2007, unless sooner terminated as
herein provided (“Agreement Term”). The Agreement Term may be extended or renewed only by the mutual written agreement of the parties. 

  

	3)	Compensation. 

  

	 	(a)	Annual Base Salary. Effective March 1, 2004, and continuing through March 1, 2007, Employer shall pay to Employee a base salary at a rate not less than
$300,000.00 per year (“Base Salary”), payable in accordance with the Employer’s normal payment schedule. 

  

	 	(b)	Bonuses. Employee shall be eligible to participate in the Employer’s Annual Incentive Plan (the “AIP”) as in existence or as amended from time to time in
accordance with its terms as applicable to Employee. For performance during calendar year 2004, Employee will receive a guaranteed minimum bonus of $300,000.00, payable no later than March 2005, and provided Employee remains on the Employer payroll
as of the date the bonus is paid. As a participant in the AIP, Employee will be eligible to receive this minimum or a higher amount not to exceed the maximum level applicable to a Management Team member, which currently is 150% of base earnings. For
years after 2004, Employee will continue to participate in the AIP in accordance with its terms as applicable to Employee. 

  

	 	(c)	Equity Compensation. Employee shall be eligible to participate in the Employer’s Equity Incentive Plan, as in existence or as amended from time to time, in accordance
with the terms of the Plan for Managing Directors and members of the Management Team.  

  

	4)	Benefits. Employee shall be entitled to insurance, vacation and other employee benefits commensurate with his position in accordance with Employer’s policies for
executives in effect from time to time. Employee acknowledges receipt of a summary of Employer’s employee benefits policies in effect as of the date of this Agreement. 

  

	5)	Expense Reimbursement. During the Agreement Term, Employer shall reimburse Employee, in accordance with Employer’s policies and procedures, for all proper
expenses incurred by him in the performance of his duties hereunder. Employee is also eligible to receive reimbursement for relocation and out-of-state commuting expenses as described in the Relocation Assistance Policy provided to him.

  

	6)	Termination. 

  

	 	a)	Death. Upon the death of Employee, this Agreement shall automatically terminate and all rights of Employee and his heirs, executors and administrators to compensation and
other benefits under this Agreement shall cease, except for compensation which shall have accrued to the date of death, including accrued Base Salary, and other employee benefits to which Employee is entitled upon his death, in accordance with the
terms of the plans and programs of CME. 

  

			
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	 	b)	Disability. Employer may, at its option, terminate this Agreement upon written notice to Employee if Employee, because of physical or mental incapacity or disability, fails
to perform the essential functions of his position required of him hereunder for a continuous period of 90 days or any 120 days within any 12-month period. Upon such termination, all obligations of Employer hereunder shall cease, except for payment
of accrued Base Salary, and other employee benefits to which Employee is entitled upon his termination hereunder, in accordance with the terms of the plans and programs of CME. In the event of any dispute regarding the existence of Employee’s
disability hereunder, the matter shall be resolved as follows: (1) by the determination of a physician selected by the Board; (2) Employee shall have the right to challenge that determination by presenting a contrary determination from a physician
of his choice; (3) in such event, a physician selected by agreement of the Employee and the Board will make the final determination. The Employee shall submit to appropriate medical examinations for purposes of making the medical determinations
hereunder. 

  

	 	c)	Cause. Employer may, at its option, terminate Employee’s employment under this Agreement for Cause. As used in this Agreement, the term “Cause” shall mean any
one or more of the following: 

  

	 	(1)	any refusal by Employee to perform his duties and responsibilities under this Agreement or violation of any rule, regulation or guideline imposed by a regulatory or self regulatory
body having jurisdiction over Employer, or violation of any rule or policy of Employer, as determined after investigation by the Board. Employee, after having been given written notice by Employer, shall have seven (7) days to cure such refusal or
violation; 

  

	 	(2)	any intentional act of fraud, embezzlement, theft or misappropriation of Employer’s funds by Employee, as determined after investigation by the Board, or Employee’s
admission or conviction of a felony or of any crime involving moral turpitude, fraud, embezzlement, theft or misrepresentation; 

  

	 	(3)	any gross negligence or willful misconduct of Employee resulting in a financial loss or liability to the Employer or damage to the reputation of Employer, as determined after
investigation by the Board; 

  

	 	(4)	any breach by Employee of any one or more of the covenants contained in Section 7, 8 or 9 hereof. 

  
 The exercise of the right of CME to terminate this Agreement pursuant to this Section 6(c) shall not abrogate any other
rights or remedies of CME in respect of the breach giving rise to such termination. 
  
 If Employer terminates Employee’s employment for Cause, he shall be entitled to accrued Base Salary through the date of the termination of his employment, other accrued 
  

			
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 employee benefits to which Employee is entitled upon his termination of employment with Employer, in
accordance with the terms of the plans and programs of CME. Upon termination for Cause, Employee will forfeit any unvested or unearned compensation or long-term incentives, unless otherwise provided herein or specified in the terms of the plans and
programs of CME. 
  

	 	d)	Termination Without Cause. Upon 30 days prior written notice to Employee, Employer may terminate this Agreement for any reason other than a reason set forth in sections (a),
(b) or (c) of this Section 6. If, during the Agreement Term, Employer terminates the employment of Employee hereunder for any reason other than a reason set forth in subsections (a), (b) or (c) of this Section 6: 

  

	 	(1)	Employee shall be entitled to receive accrued Base Salary through the date of the termination of his employment, and other accrued employee benefits to which Employee is entitled
upon his termination of employment with Employer, in accordance with the terms of the plans and programs of Employer; and 

  

	 	(2)	a one time lump sum severance payment equal to 1 times his Base Salary as of the date of Employee’s termination. 

  

	 	e)	Voluntary Termination. Upon 60 days prior written notice to CME (or such shorter period as may be permitted by CME), Employee may voluntarily terminate his employment with
CME prior to the end of the Agreement Term for any reason. If Employee voluntarily terminates his employment pursuant to this subsection (e), he shall be entitled to receive accrued Base Salary through the date of the termination of his employment
and other accrued employee benefits to which Employee is entitled upon his termination of employment with CME, in accordance with the terms of the plans and programs of CME. 

  

	7)	Confidential Information and Non-Compete. Employee acknowledges that the successful development of CME’s services and products, including CME’s trading
programs and systems, current and potential customer and business relationships, and business strategies and plans requires substantial time and expense. Such efforts generate for CME valuable and proprietary information (“Confidential
Information”) which gives CME a business advantage over others who do not have such information. Confidential information includes, but is not limited to the following: trade secrets, technical, business, proprietary or financial information of
CME not generally known to the public, business plans, proposals, past and current prospect and customer lists, trading methodologies, systems and programs, training materials, research data bases and computer software; but shall not include
information or ideas acquired by Employee prior to his employment with CME if such pre-existing information is generally known in the industry and is not proprietary to CME. 

  
 (a) Employee shall not at anytime during the Agreement Term or
thereafter, make use of or disclose, directly or indirectly to any competitor or potential competitor of CME, or divulge, disclose or communicate to any person, firm, 
  

			
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 corporation, or other legal entity in any manner whatsoever, or for his own benefit and that of any
person or entity other than Employer, any Confidential Information. This subsection shall not apply to the extent Employee remains employed by Employer and is required to disclose Confidential Information to any regulatory agency or as otherwise
required by law. This subsection shall not apply following termination for any reason to the extent Employee is required by law to testify in a legislative, judicial or regulatory proceeding, or is otherwise required by law to disclose Confidential
Information; provided, however, that following termination for any reason, Employee will promptly notify Employer if Employee is requested by any entity or person to divulge Confidential Information, and will use his best efforts to ensure that
Employer has sufficient time to intervene and/or object to such disclosure or otherwise act to protect its interests. Employee shall not disclose any Confidential Information while any such objection is pending. 
  
 (b) Employee agrees that while employed and for a period of one (1) year
following the termination of his employment with CME for any reason, the Employee will not accept employment with or act or provide services as an independent contractor or consultant for or on behalf of any derivatives exchange or for any person,
organization or entity providing clearing services. Employee acknowledges that such restriction is necessary to protect the Confidential Information he learned through his employment with Employer. 
  
 (c) Upon termination for any reason, Employee shall return to Employer all
records, memoranda, notes, plans, reports, computer tapes and equipment, software and other documents or data which constitute Confidential Information which he may then possess or have under his control (together with all copies thereof) and all
credit cards, keys and other materials and equipment which are Employer’s property that he has in his possession or control. 
  
 (d) If, at any time of enforcement of this Section 7, a court holds that the restrictions stated herein are unreasonable, the parties hereto agree that a
maximum period, scope or geographical area reasonable under the 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. 
  

	8)	Non-solicitation. 

  

	 	a)	General. Employee acknowledges that Employer invests in recruiting and training, and shares Confidential Information with, it employees. As a result, Employee acknowledges
that Employer’s employees are of special, unique and extraordinary value to Employer. 

  

	 	b)	Non-solicitation. Employee further agrees that during the term of this Agreement and for a period of one (1) year following the termination of his employment with CME for any
reason he shall not in any manner, directly or indirectly, offer, induce or attempt to induce any employee of CME to terminate or abandon his or her employment with CME for any purpose whatsoever. 

  

			
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	 	c)	Reformation. If, at any time of enforcement of this Section 8, a court holds that the restrictions stated herein are unreasonable, the parties hereto agree that the maximum
period, scope or geographical area reasonable under the 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. 

  

	9)	Intellectual Property. During the Agreement Term, Employee shall disclose to CME and treat as confidential information all ideas, methodologies, product and technology
applications that he develops during the course of his employment with CME that relates directly or indirectly to CME’s business. Employee hereby assigns to CME his entire right, title and interest in and to all discoveries and improvements,
patentable or otherwise, trade secrets and ideas, writings and copyrightable material, which may be conceived by Employee or developed or acquired by him during his employment with CME, which may pertain directly or indirectly to the business of the
CME. Employee shall at any time during or after the Agreement Term, upon CME’s request, execute, acknowledge and deliver to CME all instruments and do all other acts which are necessary or desirable to enable CME to file and prosecute
applications for, and to acquire, maintain and enforce, all patents, trademarks and copyrights in all countries with respect to intellectual property developed or which was being developed during Employee’s employment with CME.

  

	10)	Remedies. Employee agrees that given the nature of CME’s business, the scope and duration of the restrictions in paragraphs 7, 8 and 9 are reasonable and
necessary to protect the legitimate business interests of CME and do not unduly interfere with Employee’s career or economic pursuits. Employee recognizes and agrees that a breach of any or all of the provisions of Sections 7, 8 and 9 will
constitute immediate and irreparable harm to CME’s business advantage, for which damages cannot be readily calculated and for which damages are an inadequate remedy. Accordingly, Employee acknowledges that CME shall therefore be entitled to
seek an injunction or injunctions to prevent any breach or threatened breach of any such section. Employee agrees to reimburse CME for all costs and expenses, including reasonable attorney’s fees and costs, incurred by CME in connection with
the enforcement of its rights under Sections 7, 8 and 9 of this Agreement. 

  

	11)	Survival. Sections 7, 8, 9 and 10 of this Agreement shall survive and continue in full force and effect in accordance with their respective terms, notwithstanding any
termination of the Agreement. 

  

			
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	12)	Arbitration. Except with respect to Sections 7, 8, and 9, any dispute or controversy between CME and Employee, whether arising out of or relating to this Agreement,
the breach of this Agreement, or otherwise, shall be settled by arbitration in Chicago, Illinois, in accordance with the following: 

  
 (a) Arbitration hearings will be conducted by the American Arbitration Association (AAA). Except as modified herein, arbitration hearings will be
conducted in accordance with AAA’s rules. 
  
 (b) State and
federal laws contain statues of limitation which prescribe the time frames within which parties must file a law suit to have their disputes resolved through the court system. These same statutes of limitation will apply in determining the time frame
during which the parties must file a request for arbitration. 
  
 (c) If Employee seeks arbitration, Employee shall submit a filing fee to the AAA in an amount equal to the lesser of the filing fee charged in the state or federal court in Chicago, Illinois. The AAA will bill Employer for the balance of
the filing and arbitrator’s fees. 
  
 (d) The arbitrator
shall have the same authority to award (and shall be limited to awarding) any remedy or relief that a court of competent jurisdiction could award, including compensatory damages, attorney fees, punitive damages and reinstatement. Employer and
Employee may be represented by legal counsel or any other individual at their own expense during an arbitration hearing. 
  
 (e) Judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. 
  
 (f) Except as necessary in court proceedings to enforce this arbitration
provision or an award rendered hereunder, or to obtain interim relief, neither a party nor an arbitrator may disclose the existence, content or results of any arbitration hereunder without the prior written consent of CME and Employee. 

 

	13)	Notices. All notices and other communications required or permitted hereunder shall be in writing and shall be deemed given when (i) delivered personally or by
overnight courier to the following address of the other party hereto (or such other address for such party as shall be specified by notice given pursuant to this Section) or (ii) sent by facsimile to the following facsimile number of the other party
hereto (or such other facsimile number for such party as shall be specified by notice given pursuant to this Section), with the confirmatory copy delivered by overnight courier to the address of such party pursuant to this Section 14:

  
 If to CME, to: 
  
 Terry Duffy 
 Chairman, Chicago Mercantile Exchange Inc. 
 Chicago Mercantile Exchange Inc. 
 20 South Wacker Drive 
 Chicago, IL 60606 
 (312) 930-3100 
  

			
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 With a copy to: 
  

Kathleen M. Cronin 
 Managing Director, General Counsel and Corporate Secretary 
 Chicago Mercantile Exchange
Inc. 
 20 South Wacker Drive 
 Chicago, IL 60606 
 (312) 930-3488 
  
 If to Employee, to: 
  
 Scott Robinson 
 P.O. Box 215 
 Delaplane, VA 20144 
 (540) 364-6247 
  

	14)	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 applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect the validity, legality or enforceability of
any other provision of this Agreement or the validity, legality or enforceability of such provision 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. 

  

	15)	Entire Agreement. Except for CME policies and other programs otherwise referenced herein, this Agreement constitutes the entire Agreement and understanding between the
parties with respect to the subject matter hereof and supersedes and preempts any prior understandings, agreements or representations by or between the parties, written or oral, which may have related in any manner to the subject matter hereof. No
other agreement or amendment to this Agreement shall be binding upon either party including, without limitation, any agreement or amendment made hereafter unless in writing, signed by both parties. 

  
  

			
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	16)	Successors and Assigns. This Agreement shall be enforceable by Employee and his heirs, executors, administrators and legal representatives, and by CME and its
successors and assigns. 

  

	17)	Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Illinois without regard to principles of
conflict of laws. 

  

	18)	Acknowledgment. Employee acknowledges that he has read, understood, and accepts the provisions of this Agreement. 

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

							
	 Chicago Mercantile Exchange Inc.
	 	 Scott Robinson

			
	 By:
	 	 /s/  E. Beth Keeve

	 	 /s/  Scott Robinson

	 Its:
	 	 Managing Director, Organizational Development

	 	 	 	 
				
	 Date:
	 	 March 1, 2004

	 	 Date:
	 	 March 1, 2004

  

			
	 - 9 -Agreement between Registrant and Joseph T. Deckman

 Exhibit 10.21 
  
 AGREEMENT 
  
 THIS AGREEMENT (this “Agreement”) is made, entered into, and effective as of December 5, 2003 (the “Resignation Date”), by and between
Apogee Enterprises, Inc. (the “Company”), a Minnesota corporation, and Joseph T. Deckman (the “Executive”). 
  
 WITNESSETH: 
  
 WHEREAS, the Company and the Executive are parties to an Employment Agreement (the “Employment Agreement”) effective as of July 16, 2002,
a copy of which is attached hereto as Exhibit A and by this reference incorporated herein; 
  
 WHEREAS, prior to the Resignation Date, pursuant to the Employment Agreement, Executive was employed as an Executive Vice President of the Company and as President of Harmon Glass Company (“Harmon”),
a wholly-owned subsidiary of the Company; 
  
 WHEREAS,
effective on the Resignation Date, Executive resigned as an employee of the Company and Harmon, and from any and all offices of the Company, and any other position, office, or directorship of any other entity for which Executive was serving at the
request of the Company; and 
  
 WHEREAS, the Company
accepts Executive’s resignation effective as of the Resignation Date; and 
  
 WHEREAS, the Company and Executive desire to set forth the payments and benefits that Executive will be entitled to receive from the Company in connection with his resignation from employment with the Company
and Harmon; and 
  
 WHEREAS, the Company and Executive wish
to resolve, settle, and/or compromise certain matters, claims, and issues between them, including, without limitation, Executive’s resignation from the offices he held and from his employment with the Company and Harmon. 
  
 NOW, THEREFORE, in consideration of the promises and agreements
contained herein and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, and intending to be legally bound, the Company and Executive hereby agree as follows: 
  
 1. Resignation. Executive hereby resigns, effective on
the Resignation Date, his employment with the Company and its subsidiaries and related or affiliated companies, and his position as an Executive Vice President of the Company and his position as President of Harmon. Executive further resigns,
effective on the Resignation Date, (a) from all offices of the Company to which he has been elected by the Board of Directors of the Company (or to which he has otherwise been appointed), (b) from all offices of any entity that is a subsidiary of,
or is otherwise related to or affiliated with, the Company, (c) from all administrative, fiduciary, or other positions he may hold with respect to arrangements or plans for, of, or relating to the Company, and (d) from any other directorship,
office, or position of any corporation, partnership, joint venture, trust, or other enterprise (each, an “Other Entity”) insofar as Executive is serving in 

  

 
the directorship, office, or position of the Other Entity at the request of the Company. The Company hereby consents to and accepts said resignations.

  
 2. Payments and Benefits. As
consideration for Executive’s promises and obligations under this Agreement, including, but not limited to, Executive’s release of any and all claims against the Company as provided in paragraph 4, the Company agrees as follows:

  
 a. Executive’s resignation shall
be considered to be a “Termination Without Cause,” as defined in Section 4.04 of the Employment Agreement, and such “Termination Without Cause” shall be treated as if it occurred following the effective date of a “Triggering
Event,” as defined in Section 5.02 of the Employment Agreement. Consequently, Executive shall be entitled to receive all payments and benefits provided for in the Employment Agreement in the event of a “Termination Without Cause”
following the effective date of a “Triggering Event,” except as otherwise provided for by this Agreement. 
  
 b. Section 4.04(c) of the Employment Agreement is hereby amended to read in its entirety as follows: 
  
 Provided the Employee, in accordance with the Consolidated Omnibus
Reconciliation Act of 1985, as amended (“COBRA”), timely elects to continue group medical and dental insurance for himself and his dependents, the Employer shall pay the cost of such insurance directly to the applicable insurance
carrier(s) for a period of eighteen (18) months following the effective date of the termination of the Employee’s employment under this Agreement. If, however, the Employee obtains employment with another employer at any time during the initial
eighteen (18) month period following the effective date of the termination of his employment under this Agreement and provided the Employee becomes eligible for group medical and dental insurance for himself and his dependents, the Employer’s
obligation hereunder to make payments for any and all such continuation coverage shall cease. 
  
 c. The Company shall provide Executive with a monthly car allowance, equivalent to the car allowance received by Executive as of
the Resignation Date, until July 17, 2004. These payments shall be made at the same time as payments will be made to Executive under Section 4.04(a) of the Employment Agreement. 
  
 d. The Company shall provide Executive with fifty thousand dollar ($50,000.00) payment, less legally
required deductions and withholdings, in lieu of any “success bonus” to which he may be entitled under the terms of his Executive Incentive Plan for Fiscal Year 2004, a copy of which is attached hereto as Exhibit B and by this reference
incorporated herein, and/or any other agreements, policies, plans, or promises. This payment is made in lieu of and in complete satisfaction of any “success bonus” to which Executive may be entitled and Executive hereby waives any claim or
right to any additional or other “success bonus” payment(s). This payment shall be paid in one (1) lump sum within thirty (30) days of the date Executive returns this signed Agreement to the Company; however, in no event shall this payment
be made before January 2, 2004. 
  

 2 

 3. Confidential Information; Return of Company Property. 
  
 a. Executive will keep in strict confidence, and will
not, directly or indirectly, at any time, disclose, furnish, disseminate, make available, or use any trade secrets or confidential business and technical information of the Company or its customers or vendors, regardless of when or how Executive may
have acquired such information. Such confidential information shall include, without limitation, the Company’s unique selling, manufacturing, and servicing methods and business techniques, training, service, and business manuals, promotional
materials, training courses, and other training and instructional materials, vendor and product information, customer and prospective customer lists, other customer and prospective customer information, and other business information. Executive
specifically acknowledges that all such confidential information, whether reduced to writing, maintained on any form of electronic media, or maintained in Executive’s mind or memory, and whether compiled by the Company and/or Executive, derives
independent economic value from not being readily known to or ascertainable by proper means by others who can obtain economic value from its disclosure or use, that reasonable efforts have been made by the Company to maintain the secrecy of such
information, that such information is the sole property of the Company and that any retention and use of such information by Executive after the Resignation Date shall constitute a misappropriation of the Company’s trade secrets. 
  
 b. Executive agrees to return to the Company, in good
condition, all property of the Company, including without limitation, the originals and all copies of any materials which contain, reflect, summarize, describe, analyze or refer or relate to any items of information listed in subparagraph 3.a of
this paragraph 3. In the event that such items are not so returned, the Company will have the right to charge Executive for all reasonable damages, costs, attorneys’ fees, and other expenses incurred in searching for, taking, removing, and/or
recovering such property. 
  
 4. Release by Executive.

  
 a. Executive for himself and his
dependents, successors, assigns, heirs, executors, and administrators (and his and their legal representatives of every kind), hereby releases, dismisses, remisses, and forever discharges the Company from any and all arbitrations, claims (including
claims for attorney’s fees), demands, damages, suits, proceedings, actions, and/or causes of action of any kind and every description, whether known or unknown, which Executive now has or may have had for, upon, or by reason of any cause
whatsoever (except that this release shall not apply to (x) the obligations of the Company arising under this Agreement and/or the Employment Agreement and (y) Executive’s rights of indemnification by the Company, if any, pursuant to the
Company’s certificate of incorporation or by-laws or any agreement between the Company and Executive), against the Company (“claims”), including but not limited to: 
  
 (i) any and all claims, directly or indirectly, arising out of or relating to: (A) Executive’s past
employment or service with the Company; (B) Executive’s resignation as an Executive Vice President of the Company and as President of Harmon and any other position described in paragraph 1 of this Agreement; and (C) any federal, state, or local
laws, or any contract or tort claim, whether legal or equitable, whether statutory or common law, arising from or relating to the Company’s and Harmon’s hiring 

  

 3 

 
of Executive, Executive’s employment with the Company and Harmon, and the cessation of Executive’s employment with the Company and Harmon;

  
 (ii) any and all claims of discrimination,
including, but not limited to, claims of discrimination on the basis of sex, race, age, national origin, marital status, religion, or disability, including, specifically, but without limiting the generality of the foregoing, any claims under Title
VII of the Civil Rights Act, as amended, 42 U.S.C. § 2000e, et seq.; the Americans with Disabilities Act, 42 U.S.C. § 12101 et seq.; the Age Discrimination in Employment Act, 29 U.S.C. §621, et seq.; the Older
Workers’ Benefit Protection Act, 29 U.S.C. §626(f); the Family and Medical Leave Act, 29 U.S.C. §§ 2601 et seq.; the Employee Retirement and Income Security Act, 29 U.S.C. § 1001 et seq.; and the Minnesota
Human Rights Act, § 363.01 et seq. 
  
 (iii) any and all claims of wrongful or unjust discharge or breach of any contract or promise, express or implied; and 
  
 (iv) any and all claims under or relating to any and all past and future employee compensation, employee benefit, employee severance, or
employee incentive bonus plans and arrangements, all of which Executive agrees are forfeited upon his resignation; provided that he shall remain entitled to the amounts and benefits described in paragraph 2 above and the Employment Agreement.

  
 b. Executive understands and
acknowledges that the Company does not admit any violation of law, liability, or invasion of any of his rights and that any such violation, liability, or invasion is expressly denied. The consideration provided under this Agreement is in exchange
for Executive’s agreements to its terms and conditions and made for the purpose of settling and extinguishing all claims and rights (and every other similar or dissimilar matter) that Executive ever had or now may have or ever will have against
the Company to the extent provided in this paragraph 4. Executive further agrees and acknowledges that no representations, promises, or inducements have been made by the Company other than as appear in this Agreement. 
  
 c. Executive further understands and acknowledges
that: 
  
 (i) Executive has been informed that
the terms of this Agreement shall be open for acceptance and execution by him for a period of twenty-one (21) days during which time he may consider whether to accept this Agreement. Executive agrees that changes to this Agreement, whether material
or immaterial, will not restart this acceptance period. No payments or benefits will be provided pursuant to paragraph 2 until at least sixteen (16) days after Executive has returned this signed Agreement to the Company; 
  
 (ii) Executive has been informed of his right to rescind
this Agreement as far as it extends to potential claims under the Minnesota Human Rights Act, § 363.01 et seq., by written notice to the Company within fifteen (15) calendar days following his execution of this Agreement. To be
effective, such written notice must be delivered either by hand or by mail to Patricia A. Beithon, Apogee Enterprises, Inc., 7900 Xerxes Avenue South, Suite 1800, Minneapolis, MN 55431-1159, within the fifteen (15)-day 

  

 4 

 
period. If a notice of rescission is delivered by mail, it must be: 1) postmarked within the fifteen (15)-day period; 2) properly addressed to Ms. Beithon,
as set forth above; and 3) sent by certified mail, return receipt requested; 
  
 (iii) Executive has been informed of his right to revoke this Agreement as far as it extends to potential claims under the Age Discrimination in Employment Act, 29 U.S.C.§ 621 et seq., by informing the Company,
through Ms. Beithon at the above referenced address, of his intent to revoke this Agreement within seven (7) calendar days following his execution of this Agreement; 
  
 (iv) It is understood that, in the event a notice of rescission by Executive is timely delivered, pursuant
to the terms of paragraph 4.c of this paragraph 4, the Company may, at its discretion, either enforce the remaining provisions of this Agreement, or void the entire Agreement and require any payments made as of that date to Executive be immediately
repaid by Executive to the Company; and 
  
 (v)
Executive has been advised by the Company to consult with legal counsel prior to executing this Agreement and the release provided for in this paragraph 4, has had an opportunity to consult with and to be advised by legal counsel of his choice,
fully understands the terms of this Agreement, and enters into this Agreement freely, voluntarily, and intending to be bound. 
  
 d. Executive will never file a lawsuit or other complaint asserting any claim that is released in this paragraph 4. 
  
 e. Executive and the Company acknowledge that his
resignation is by mutual agreement between the Company and Executive, and that Executive waives and releases any claim that he has or may have to reemployment. 
  

f. For purposes of the above provisions of this paragraph 4, the “Company” shall include its present and former
predecessors, subsidiaries, divisions, related or affiliated companies, officers, directors, stockholders, members, employees, heirs, successors, assigns, representatives, agents, accountants and counsel. 
  
 5. Disclosure. 
  
 a. Executive agrees that he will not disclose the
terms of this Agreement, other than to immediate family members, to legal, financial, or tax consultants, for professional use only, and to government agencies upon proper inquiry or pursuant to subpoena or court order. 
  
 b. Executive shall take no action with respect to the
Company’s common stock that is in violation of the federal securities laws. 
  
 6. Breach. 
  
 a. If Executive breaches any of the provisions of this Agreement (and in the case of a breach that is capable of being cured, fails to cure such breach within fifteen (15) days after written notice by the
Company to Executive specifying the circumstances that constitute 

  

 5 

 
such breach), then the Company may, at its sole option, immediately terminate all remaining payments and benefits described in this Agreement, and obtain
reimbursement from Executive of all payments already provided pursuant to paragraph 2 of this Agreement, plus any expenses and damages incurred as a result of the breach (including, without limitation, reasonable attorneys’ fees), with the
remainder of this Agreement, and all promises and covenants herein, remaining in full force and effect. 
  
 Notwithstanding the foregoing, the Company will not terminate pursuant to subparagraph 6.a of this paragraph 6 any benefits to which
Executive is entitled under any tax-qualified retirement plan of the Company, and Executive’s rights under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974 as amended, if any, will not be reduced by any
action taken by the Company under paragraph 6.a of this paragraph 6. 
  
 b. Executive may challenge any Company action under paragraph 6.a above. 
  
 7. Successors and Binding Agreement. 
  
 a. This Agreement shall be binding upon and inure to the benefit of the Company and any successor of or to the Company, including,
without limitation, any persons acquiring, directly or indirectly, all or substantially all of the business and/or assets of the Company whether by purchase, merger, consolidation, reorganization, or otherwise (and such successor shall thereafter be
deemed included in the definition of “the Company” for purposes of this Agreement), but shall not otherwise be assignable or delegable by the Company. 
  
 b. This Agreement shall inure to the benefit of and be enforceable by Executive’s personal or
legal representatives, executors, administrators, successors, heirs, distributees, and/or legatees. 
  
 c. This Agreement is personal in nature and none of the parties hereto shall, without the consent of the other parties, assign,
transfer or delegate this Agreement or any rights or obligations hereunder except as expressly provided in subparagraphs (a) and (b) of this paragraph 7. 
  
 d. This Agreement is intended to be for the exclusive benefit of the parties hereto, and except as provided in subparagraphs a and
b of this paragraph 7, no third party shall have any rights hereunder. 
  
 8. Statements to Third Parties. Because the purpose of this Agreement is to settle amicably any and all potential disputes or claims among the parties, neither Executive nor the Senior Executives of the Company shall,
directly or indirectly, make or cause to be made any statements to any third parties criticizing or disparaging the other or commenting on the character or business reputation of the other. Furthermore, Executive agrees not to make any derogatory,
unfavorable, negative or disparaging statements concerning the Company and its affiliates, officers, directors, managers, employees, or agents, or its and their business affairs or performance. Executive further hereby agrees not: (a) to comment to
others concerning the status, plans or prospects of the business of the Company, or (b) to engage in any act or omission that would be detrimental, financially or otherwise, to the Company, or that would subject the 

  

 6 

 
Company to public disrespect, scandal, or ridicule. For purposes of this paragraph 8, the “Senior Executives of the Company” shall mean the
Company’s directors and officers. 
  
 9.
Notices. For all purposes of this Agreement, all communications provided for herein shall be in writing and shall be deemed to have been duly given when delivered, addressed to the Company at its principal executive offices and to
Executive at his principal residence, or to such other address as any party may have furnished to the other in writing and in accordance herewith. Notices of change of address shall be effective only upon receipt. 
  
 10. Miscellaneous. No provision of this Agreement may be
modified, waived, or discharged unless such modification, waiver, or discharge is agreed to in writing signed by Executive and the Company. No waiver by either party hereto at any time of any breach by the other party hereto or compliance with any
condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral or
otherwise, expressed or implied, with respect to the subject matter hereof have been made by any of the parties that are not set forth expressly in this Agreement and every one of them (if, in fact, there have been any) is hereby terminated without
liability or any other legal effect whatsoever. 
  
 11.
Entire Agreement. This Agreement (including the attached Exhibits A and B) shall constitute the entire agreement among the parties hereto with respect to the subject matter hereof and shall supersede all prior verbal or written
agreements, covenants, communications, understandings, commitments, representations or warranties, whether oral or written, by any party hereto or any of its representatives pertaining to such subject matter. 
  
 12. Governing Law. Any dispute, controversy, or claim of
whatever nature arising out of or relating to this Agreement or breach thereof shall be governed by and under the laws of the State of Minnesota. The parties agree that any and all disputes, controversies, or claims of whatever nature arising out of
or relating to this Agreement or breach thereof shall be resolved by a court of general jurisdiction in the State of Minnesota, and the parties hereby consent to the exclusive jurisdiction of such court in any action or proceeding arising under or
brought to challenge, enforce, or interpret any of the terms of this Agreement. 
  
 13. Validity. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall
nevertheless remain in full force and effect. 
  
 14.
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same Agreement. 
  
 15. Captions and Paragraph Headings. Captions and
Paragraph headings used herein are for convenience and are not part of this Agreement and shall not be used in construing it. 
  

 7 

 16. Further Assurances. Each party hereto shall execute such additional documents,
and do such additional things, as may reasonably be requested by the other party to effectuate the purposes and provisions of this Agreement. 
  
 IN WITNESS WHEREOF, the parties have executed and delivered this Agreement as of the date first set forth above. 
  

									
	 	 	 	 	APOGEE ENTERPRISES, INC.
					
	 	 	 	 	 	 	By:	 	 /s/ Russell Huffer

	 	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 	 	 Russell Huffer

	 	 	 	 	 	 	 Its:
	 	 Chairman, Chief Executive Officer, and President

				
	 	 	 	 	 	 	 Date: December 4, 2003

				
	Witness:	 	 /s/ Judi Stone
	 	 	 	/s/ Joseph T. Deckman
	 	 	
	 	 	 	

	 	 	 	 	 Joseph T. Deckman

			
	 Date: December 4, 2003
	 	 	 	 Date: December 4, 2003

  

 8 

 EXHIBIT A 
  
 EMPLOYMENT AGREEMENT 
  
 THIS AGREEMENT is entered into effective as of the 16th day of July 2002, by and between Apogee Enterprises, Inc., a Minnesota corporation
(“Apogee” or the “Employer”), and Joseph T. Deckman, a Minnesota resident (the “Employee”). 
  
 WHEREAS, the Employee has heretofore been employed as Executive Vice President of Apogee; 
  
 WHEREAS, Apogee wishes to continue to employ the Employee as Executive
Vice President of Apogee; 
  
 WHEREAS, Apogee also wishes
to employ the Employee as President of Harmon Glass Company, a wholly owned subsidiary of Apogee (“Harmon”); and 
  
 WHEREAS, the Employee desires to be retained by Apogee as Executive Vice President and desires to be employed by Apogee as President of Harmon and
to be assured of reasonable tenure and terms and conditions of employment as set forth herein; 
  
 NOW, THEREFORE, in consideration of the promises and the respective undertakings of Apogee and the Employee set forth herein, the parties hereto mutually agree as follows: 
  
 1. Employment and Term. Subject to the terms and conditions herein
provided, during the term of the Employee’s employment pursuant to this Agreement, the Employer hereby agrees to employ the Employee, and the Employee hereby accepts such employment by the Employer, for a term commencing as of the date hereof
and continuing until July 17, 2004, unless earlier terminated in accordance with the provisions of paragraph 4 below. Unless earlier terminated in accordance with provisions of paragraph 4 below, the Employee’s employment term pursuant to this
Agreement will expire as of July 17, 2004, without further obligation of any party. By mutual agreement, however, the Employer and the Employee may elect and agree to continue the employment relationship on an at-will basis following the expiration
of this Agreement. 
  
 2. Duties and Responsibilities.
Apogee hereby agrees to employ the Employee as President of Harmon and to grant the Employee such power and authority normally accorded to that office. Apogee hereby agrees to employ the Employee as Executive Vice President of Apogee, with oversight
responsibility for Apogee’s AutoGlass business segment, which includes the operation of Harmon. The Employee hereby agrees to perform the job duties of President of Harmon and Executive Vice President of Apogee and such other duties and
functions as may be reasonably determined and assigned to him from time-to-time. Subject to the terms and conditions herein provided, during the term of the Employee’s employment pursuant to this Agreement, the Employee shall devote his full
time and attention during normal business hours first and primarily to the business and affairs of Harmon and secondarily to the oversight of the AutoGlass business segment and Apogee’s discontinued curtainwall operations in Europe. The
Employee shall comply with Apogee’s and Harmon’s procedures and policies, including, but not limited to, Apogee’s Code of Business Conduct as amended from time-to-time. 
  

 3. Compensation and Employee Benefits. 
  
 3.01. Base Salary. As base compensation for all
services to be rendered by the Employee under this Agreement during the term of the Employee’s employment pursuant to this Agreement, the Employer shall pay to the Employee an annual base salary of three hundred thirteen thousand three hundred
dollars ($313,300.00). The Employee’s annual base salary shall be paid in accordance with the Employer’s normal payroll procedures and policies, as such procedures and policies may be modified from time-to-time, and the Employee shall be
eligible for annual salary increases consistent with such procedures and policies.  
  
 3.02. Participation in Benefit Plans. During the term of this Agreement, and provided the Employee is employed by the Employer, and
except as otherwise provided in this Agreement, the Employee shall be entitled to participate in all employee benefit plans or programs of the Employer to the extent that his position, title, tenure, salary, age, health, and other qualifications
make him eligible to participate. The Employer does not guarantee the adoption or continuance of any particular employee benefit plan or program during the term of this Agreement, and the Employee’s participation in any such plan or program
shall be subject to the provisions, rules, and regulations applicable thereto. 
  
 3.03. Stock Options. During the term of this Agreement, and provided the Employee is employed by Apogee and that Russell Huffer is
the Chairman or the Chief Executive Officer of Apogee, Mr. Huffer will annually recommend to the Compensation Committee of the Board of Directors of Apogee (the “Compensation Committee”) that the Employee be granted a stock option to
purchase a number of shares of Apogee Common Stock comparable to the number of shares for which other Executive Vice Presidents of Apogee are being recommended. Such options will have exercise prices equal to the fair market value of such stock as
defined in the Apogee Enterprises, Inc. 2002 Omnibus Stock Incentive Plan, or such other applicable plan as may be in effect from time-to-time (the “Stock Incentive Plan”) at the time of each grant. Each grant provided for in this Section
3.03 will be subject to the terms and conditions of a stock option agreement and the terms of the Stock Incentive Plan. 
  
 3.04. Partnership Plan. During the term of this Agreement, and provided the Employee is employed by Apogee and that Russell Huffer
is the Chairman or the Chief Executive Officer of Apogee, Mr. Huffer will annually recommend to the Compensation Committee that the Employee remain a participant in the Amended and Restated 1987 Apogee Enterprises, Inc. Partnership Plan (as amended
to date, the “Partnership Plan”). 
  
 3.05. Supplemental Executive Retirement Plan. During the term of this Agreement, and provided the Employee is employed by Apogee and that Russell Huffer is the Chairman or the Chief Executive Officer of Apogee, Mr. Huffer will
annually recommend to the Compensation Committee that the Employee remain a participant in the Apogee Enterprises, Inc. Supplemental Executive Retirement Plan (the “SERP”). 
  
 3.06. Severance Agreement. During the term of this Agreement, and provided the Employee is employed
by Apogee and that Russell Huffer is the Chairman or the Chief Executive Officer of Apogee, Mr. Huffer will recommend to Apogee’s Board of Directors that the Severance Agreement made as of January 29, 1999, and, as subsequently amended (the

  

 2 

 
“Severance Agreement”), between Apogee and the Employee not be terminated pursuant to the provisions of Section 1 of the Severance Agreement. All
other provisions of the Severance Agreement are unaffected by the provisions of this Agreement. 
  
 3.07. Apogee Executive Incentive Plan Bonus for Fiscal Year 2003. The financial portion of the Employee’s fiscal year 2003
bonus pursuant to the Apogee Executive Incentive Plan shall be calculated based solely on Apogee’s consolidated results of operations for fiscal year 2003. The non-financial portion of the Employee’s fiscal year 2003 bonus pursuant to the
Apogee Corporate Profit Incentive Plan shall be determined solely based upon achievement of goals related to Apogee’s AutoGlass business segment, as agreed between Apogee and the Employee. In all respects, the Employee’s rights and
obligations with respect to the Employee’s fiscal year 2003 bonus shall be determined in accordance with the terms and conditions of the Apogee Executive Incentive Plan as may be in effect from time-to-time. 
  
 3.08. Bonus for Fiscal Year 2003 for Managing
Discontinued Operations. The Employee shall be eligible for a special bonus for fiscal year 2003 for his oversight of Apogee’s discontinued curtainwall operations in Europe as previously agreed between Apogee and the Employee. In all
respects, the Employee’s rights and obligations with respect to the special bonus for fiscal year 2003 for his oversight of Apogee’s discontinued curtain-wall operations in Europe shall be determined in accordance with the terms and
conditions of the Apogee Executive Incentive Plan as may be in effect from time-to-time. 
  
 3.09. Apogee Executive Incentive Plan Bonus for Fiscal Years 2004 and 2005. The Employee’s fiscal year 2004 bonus and fiscal
year 2005 bonus pursuant to the Apogee Executive Incentive Plan shall be calculated using the same percentage target and maximum as are utilized for other Apogee Executive Vice Presidents, and the financial and non-financial parameters thereof will
be determined consistent with the manner in which such bonus parameters are determined for other Apogee business unit Presidents. In all respects, the Employee’s rights and obligations with respect to the Employee’s fiscal year 2004 and
fiscal year 2005 bonus shall be determined in accordance with the terms and conditions of the Apogee Executive Incentive Plan as may be in effect from time-to-time. 
  
 3.10. Bonus for Fiscal Year 2004 for Managing Discontinued Operations. No later than April 30, 2003,
the Compensation Committee, in consultation with Apogee’s Chief Executive Officer, will determine whether the Employee shall be eligible for a special bonus for fiscal year 2004 for his oversight of Apogee’s discontinued curtainwall
operations in Europe based upon the level of unresolved matters in France as of the end of fiscal year 2003. In all respects, the Employee’s rights and obligations with respect to any special bonus for fiscal year 2004 for his oversight of
Apogee’s discontinued curtain-wall operations in Europe shall be determined in accordance with the terms and conditions of the Apogee Executive Incentive Plan as may be in effect from time-to-time. 
  
 3.11. Tax Withholding. The Employer may withhold from
any compensation or benefits payable to the Employee under this Agreement all federal, state, city, or other taxes as shall be required pursuant to applicable laws and/or regulations. 
  

 3 

 4. Early Termination. 
  
 4.01. Termination for Cause. The Employer may terminate the Employee’s employment under this
Agreement for “Cause,” as hereinafter defined, without notice and without further obligation of any kind to the Employee under any provision of this Agreement, except for the Employee’s base salary and other benefits earned prior to
such termination. All rights and benefits, if any, under any employee benefit plans of the Employer applicable to the Employee shall be determined and provided only in accordance with the express written terms and conditions of such employee benefit
plans. For purposes of this Agreement, “Cause” shall mean: 
  

	 	(a)	Any fraud, misappropriation, or embezzlement by the Employee in connection with the business of the Employer, or any of its related companies; 

  

	 	(b)	Any conviction of or nolo contendere plea to a felony by the Employee that has or can reasonably be expected to have a demonstrably and materially detrimental effect on the
Employer, or any of its related companies; 

  

	 	(c)	Any conviction of or nolo contendere plea to a gross misdemeanor by the Employee that has or can reasonably be expected to have a demonstrably and materially detrimental effect on
the Employer, or any of its related companies; 

  

	 	(d)	Any gross neglect or willful and persistent neglect by the Employee substantially to perform the duties assigned to him hereunder and which results, in either case, in material harm
to the Employer, provided that the Employee shall first have received a written notice from the Employer which sets forth in reasonable detail the manner in which the Employee has grossly or willfully and persistently neglected his duties and the
Employee shall have a period of thirty (30) days to cure the same so long as the Employee is diligently seeking to cure the same, but the Employer shall not be required to give written notice of, nor shall the Employee have a period to cure, the
same gross neglect or willful and persistent neglect of which the Employer has previously given written notice to the Employee hereunder and which the Employee has previously cured; 

  

	 	(e)	 Any material failure by the Employee to comply with Apogee’s and Harmon’s procedures and policies, including, but not limited to, Apogee’s Code of
Business Conduct as amended from time-to-time, provided that any failure to 

  

 4 

	 	 
comply with Apogee’s Insider Trading Policy shall be deemed “material” for purposes of this Section 4.01(e);

  

	 	(f)	The Employee’s breach of any contractual obligation owed to the Employer under the terms of this Agreement or any other agreement between the Employee and the Employer provided
the Employee shall first have received a written notice from the Employer which sets forth in reasonable detail the manner in which the Employee has breached a contractual obligation owed to the Employer and the Employee shall have a period of
thirty (30) days to cure the same so long as the Employee is diligently seeking to cure the same, but the Employer shall not be required to give written notice of, nor shall the Employee have a period to cure the same contractual breach which the
Employer has previously given written notice to the Employee hereunder and which the Employee has previously cured; or 

  

	 	(g)	The willful engaging by the Employee in conduct that is demonstrably and materially injurious to the financial condition or business reputation of the Employer.

  
 4.02. Death or
Disability. The term of the Employee’s employment under this Agreement shall automatically terminate in the event of the Employee’s death. In the event the Employee becomes mentally or physically disabled during the term of employment
under this Agreement, his employment under this Agreement shall terminate as of the date such disability is established. For purposes of this Agreement, “disabled” means suffering from any mental or physical condition, other than the use
of alcohol or illegal use of narcotics, which results in the Employee’s inability to perform the essential functions of the Employee’s positions under this Agreement, with or without reasonable accommodations, provided the Employee has
exhausted the Employee’s entitlement to any applicable leave. 
  
 In the event the Employee’s employment under this Agreement is terminated due to the Employee’s death or disability, no further payments or benefits shall be required to be paid or provided by the Employer
to the Employee under any provision of this Agreement, except for the Employee’s base salary and other benefits earned prior to such termination. All rights and benefits, if any, under any employee benefit plans of the Employer applicable to
the Employee shall be determined and provided only in accordance with the express written terms and conditions of such employee benefit plans. 
  
 4.03. Voluntary Resignation. The Employee may resign his employment under this Agreement at any time without “Good
Reason,” as defined in Section 4.05 below. If the Employee voluntarily resigns his employment under this Agreement without Good Reason, no further payments or benefits shall be required to be paid or provided by the Employer to the Employee
under any provision of this Agreement, except for the Employee’s base salary and other benefits earned prior to such resignation. All rights and benefits, if any, under any employee benefit plans of the Employer applicable to the Employee shall
be determined and 

  

 5 

 
provided only in accordance with the express written terms and conditions of such employee benefit plans. 
  
 4.04. Termination Without Cause. The Employer may
terminate the Employee’s employment under this Agreement without “Cause,” as defined in Section 4.01 above. If the Employer terminates the Employee’s employment under this Agreement without Cause, as defined in Section 4.01
above, the Employer shall: 
  

	 	(a)	Continue to pay to the Employee his then-current base salary, in accordance with the Employer’s normal payroll procedures and policies, as such procedures and policies may be
modified from time-to-time, until July 17, 2004; 

  

	 	(b)	Pay to the Employee an amount equal to fifty-two (52) weeks of the Employee’s then-current base salary in one (1) lump sum within thirty (30) days of the effective date of the
termination of the Employee’s employment under this Agreement; 

  

	 	(c)	Provided the Employee, in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), timely elects to continue group medical and
dental insurance for himself and his dependants, the Employer shall pay the cost of such insurance directly to the applicable insurance carrier(s) for a period of twelve (12) months following the effective date of the termination of the
Employee’s employment under this Agreement. If, however, the Employee obtains employment with another employer at any time during the initial twelve (12) month period following the effective date of the termination of his employment under this
Agreement and provided the Employee becomes eligible for group medical and dental insurance for himself and his dependants, the Employer’s obligation hereunder to make payments for any and all such continuation coverage shall cease. After the
initial twelve (12) month period following the effective date of the termination of the Employee’s employment under this Agreement, and for the remaining period of time provided by COBRA, the Employee shall be responsible for full payment of
the cost to continue medical and dental insurance for himself and his dependants; 

  

	 	(d)	 The Employer shall provide the Employee with outplacement assistance through a provider to be mutually agreed upon by the Employer and the Employee. The maximum
amount the Employer shall pay for outplacement assistance is ten thousand dollars ($10,000.00), and any and 

  

 6 

	 	 
all payments for outplacement assistance shall be made by the Employer directly to the provider following the Employer’s receipt of appropriate
documentation; and 

  

	 	(e)	To the extent not previously provided to the Employee, the Employer shall be subject to the same obligations (and rights) as set forth in Sections 5.02(a) through (c) hereof. For
purposes of this Section 4.04(e) only, “Commencement Date”, as used in Sections 5.02(a) and (c), shall mean the effective date of the Employee’s termination without Cause. 

  
 4.05. Resignation for Good Reason. The Employee may
resign his employment with the Employer for Good Reason. For purposes of this Agreement, “Good Reason” shall mean that the Employer, without the Employee’s express written consent: 
  

	 	(a)	Materially adversely changes the Employee’s status such that he is no longer treated as an executive employee of the Employer in all material respects;

  

	 	(b)	Materially reduces the benefits provided to the Employee in the aggregate under all benefit plans and/or programs of the Employer in which he is currently participating, other than
any reductions that would effect all employees similarly situated in a non-discriminatory manner; 

  

	 	(c)	Requires the Employee to relocate his principal corporate office more than fifty (50) miles outside the greater metropolitan Twin Cities area; or 

  

	 	(d)	Materially breaches its obligations under this Agreement, provided that the Employer shall have first received written notice from the Employee which sets forth in reasonable detail
the manner in which the Employer has materially breached this Agreement, and the Employer shall have a period of thirty (30) days to cure the same so long as the Employer is diligently seeking to cure the same. 

  
 If the Employee resigns his employment with the Employer for Good Reason, the Employer shall
be subject to the same obligations (and rights) as set forth in Sections 4.04(a) through (e) hereof. For purposes of this Section 4.05 only, “Commencement Date”, as used in Section 5.02(a) and (c), shall mean the effective date of the
Employee’s resignation for Good Reason. 
  

 7 

 5. Arrangements Following the Commencement Date. 
  
 5.01. Termination of the Obligations of the Original
Parties to this Agreement. Effective as of the Commencement Date (as defined below), the Employee’s employment with Apogee will automatically terminate and, other than as set forth in Section 5.02 below, no original party hereto will have
any further obligations to any other original party hereto. Any such termination of the Employee’s employment with Apogee shall not be deemed a termination without Cause, and Apogee shall not be subject to the obligations set forth in Sections
4.04(a) through (e) hereof. Effective as of the Commencement Date (as defined below), the Employee consents to the assignment of this Agreement to the entity or business operating the business subject to the Triggering Event (as defined below), and,
effective as of the Commencement Date (as defined below), the Employee further consents to become an employee of the entity or business operating the business subject to the Triggering Event (as defined below). 
  
 5.02. Payments and Benefits the Employee Shall Be
Entitled to Receive. If, during the term of this Agreement, Apogee and a third party (the “Corporate Partner”) enter into a definitive agreement or agreements which would result in a “Triggering Event” (as defined below), and
the Employee remains employed by Apogee through the effective date of the Triggering Event (the “Commencement Date”), then the Employee shall be entitled to receive the following payments and benefits: 
  

	 	(a)	All options to purchase Apogee Common Stock granted to the Employee under any Apogee Stock Option Agreement prior to the Commencement Date shall be treated as follows:

  

	 	(i)	options that have vested by their terms prior to such date shall be governed by the terms of the applicable Option Agreement; and 

  

	 	(ii)	options that have not vested by their terms prior to such date shall terminate on such date, and the Employee shall be paid in cash, in one (1) lump sum payable within thirty (30)
days after the Commencement Date, an amount equal to the difference between the Formula Price (as defined below) as of the Commencement Date and the weighted average exercise price for all shares subject to such options, multiplied by the number of
such shares, less any income or other tax withholdings required to be made by Apogee in connection with such payment; 

  

	 	(b)	The “Pool A” shares allocated to the Employee under the Partnership Plan are all vested by their terms and shall be governed by the terms of the Partnership Plan;

  

 8 

	 	(c)	The “Pool B” shares allocated to the Employee under the Partnership Plan shall be treated as follows; 

  

	 	(i)	“Pool B” shares that have vested by their terms prior to such date shall be governed by the terms of the applicable Restricted Stock Agreement and the Partnership Plan;
and 

  

	 	(ii)	“Pool B” shares that have not vested by their terms prior to such date shall be deemed forfeited on such date under the terms of the Partnership Plan, and the Employee
shall be paid in cash, in one (1) lump sum payable within thirty (30) days after the Commencement Date, an amount equal to the net present value of the aggregate of (x) the Formula Price as of the Commencement Date, discounted from the date on which
each such Pool B share would have vested (the “Foregone Vesting Date”) in accordance with standard financial practice using the Discount Rate (as defined below), multiplied by (y) the number of such “Pool B” shares so discounted
on each such Foregone Vesting Date, less any income or other tax withholdings required to be made by Apogee in connection with such payment; 

  

	 	(d)	In all respects, the Employee’s rights and obligations with respect to the SERP shall be determined in accordance with the terms and conditions of the SERP then in effect;

  

	 	(e)	In all respects, the Employee’s rights and obligations with respect to Apogee’s Restoration Plan (the “Restoration Plan”) shall be determined in accordance with
the terms and conditions of the Restoration Plan then in effect; 

  

	 	(f)	A pro-rated portion of any bonuses based on operations of Apogee the Employee would have received had he remained employed with Apogee throughout the fiscal year in which a
Triggering Event occurs, based upon the number of days the Employee was employed by Apogee during the applicable fiscal year and assuming the same levels of performance by the Employee and the Apogee businesses on which his bonuses are based
throughout the fiscal year; and 

  

	 	(g)	 If, as of the Commencement Date, the Employee does not become an employee of the entity or business operating the 

  

 9 

	 	 
business subject to the Triggering Event, the Employee shall be entitled to receive the payments and benefits set forth in Sections 4.04(a) through (d)
hereof. 

  
 As used in this Agreement,
“Triggering Event” shall mean the consummation of any sale, exchange, or transfer of all, or substantially all, of the assets and business constituting the AutoGlass business segment of Apogee, as currently constituted (i.e., the
automobile windshield manufacturing business of Apogee’s wholly owned subsidiary, Viracon/Curvlite, Inc., Apogee’s thirty four percent (34%) equity interest in the automobile windshield distribution business of PPG AutoGlass LLC, and the
automobile windshield repair and replacement business of Apogee’s wholly owned subsidiary, Harmon Glass Company). 
  
 As used in this Agreement, “Formula Price” shall mean the average closing price of one share of Apogee Common Stock, as reported on the Nasdaq National Market
for the twenty (20) business days immediately preceding the effective date of the termination of the Employee’s employment under this Agreement. 
  
 As used in this Agreement, “Discount Rate” shall equal one hundred and twenty percent (120%) of the applicable Federal rate (determined under section 1274(d) of
the Internal Revenue Code, as amended), computed semi-annually. 
  
 5.03. Condition to Closing of the Triggering Event. Apogee agrees that it shall be a condition to the closing of the Triggering Event that the Corporate Partner (or other appropriate entity operating the
business subject to the Triggering Event) covenant to assume all of the remaining rights and obligations of Apogee under this Agreement through the term of this Agreement, effective as of the Commencement Date, for the benefit of the Employee. The
Employee further agrees that, upon such assumption by the Corporate Partner (or such other appropriate entity), the obligations of Apogee under this Agreement (except for the Employee’s base salary and other benefits earned prior to the
Commencement Date) shall immediately cease and be of no further force or effect. 
  
 6. Assignments. This Agreement shall be binding upon and inure to the benefit of the Employer and its successors (by purchase, merger, consolidation or otherwise) and assigns. This Agreement shall also be
binding upon and inure to the benefit of the Employee and his heirs and representatives. The Employee may not assign this Agreement or any rights hereunder. Any purported or attempted assignment or transfer by the Employee of this Agreement or any
of the Employee’s duties, responsibilities, or obligations hereunder shall be void. 
  
 7. Governing Law; Choice of Forum. The validity, interpretation, construction, performance, enforcement, and remedies of or relating to this Agreement, and the rights and obligations of the parties hereunder,
shall be governed by the substantive law of the State of Minnesota (without regard to the conflict of laws, rules, or statutes of any jurisdiction) and, any and every other legal proceeding arising out of or in connection with this Agreement shall
be brought in the appropriate courts of the State of Minnesota, each of the parties hereby consenting to the exclusive jurisdiction of said courts for this purpose. 
  

 10 

 8. Construction. Whenever possible, each provision of this Agreement shall be interpreted in such
manner as to be effective and valid under applicable law. To the extent that any provision of this Agreement shall be determined to be invalid or unenforceable, the invalid or unenforceable portion of such provision shall be deleted from the
Agreement, and the validity and enforceability of the remainder of such provision and of this Agreement shall be unaffected. 
  
 9. Jointly Drafted. The parties and their respective counsel have participated jointly in the negotiation and drafting of this Agreement. In the
event that an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the
authorship of any of the provisions of this Agreement. 
  
 10.
Attorneys’ Fees. Apogee shall reimburse the Employee for reasonable attorneys’ fees actually incurred by him for legal counsel in connection with the negotiation of this Agreement in an amount not to exceed ten thousand dollars
($10,000.00) upon submission of appropriate documentation. 
  
 11.
Entire Agreement. This Agreement sets forth the entire agreement between the Employer and the Employee with respect to his employment, and there are no undertakings, covenants, or commitments other than as set forth herein; provided
that this Agreement shall not supercede or limit in any way the parties’ rights under the Severance Agreement or any benefit plan, program, or arrangements in accordance with their terms, except as otherwise set forth herein. This Agreement
may not be altered or amended, except by a writing executed by the party against whom such alteration or amendment is to be enforced. This Agreement supersedes any and all prior understandings or agreements between the parties. 
  
 12. Waivers. No failure on the part of any party to exercise, and no
delay in exercising, any right or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right or remedy hereunder preclude any other or further exercise thereof, or the exercise of any other right or
remedy granted hereby or by any related document or by law. 
  

 11 

 13. Captions and Headings. The captions and paragraph headings used in this Agreement are for
convenience of reference only, and shall not affect the construction or interpretation of this Agreement or any of the provisions hereof. 
  
 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be executed as of the day and year first written above. 
  

									
			
	 Dated: October 23, 2003, 2002
	 	 	 	/s/ Joseph T. Deckman
	 	 	 	 	 	

	 	 	 	 	 	 	 Joseph T. Deckman

  

									
	 Dated: October 21, 2002
	 	 	 	 APOGEE ENTERPRISES, INC.

				
	 	 	 	 	 By:
	 	 /s/ Russell Huffer

	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 	 	 Russell Huffer
  
 Its Chief Executive Officer and President

  

 12 

 Exhibit B 
  
 APOGEE ENTERPRISES, INC. 
 Executive Incentive
Plan FY04 
  
 Joe Deckman 
 EVP, Apogee 
 President Harmon AutoGlass 
  
 TOTAL BONUS POTENTIAL: TARGET – 81%; MAXIMUM – 106% 
  
 FINANCIAL GOALS: Total – 48.6% (60% of Total Bonus Target); Maximum – 73.6%

  
 HARMON AUTOGLASS (66 2/3%) 
  

																	
	 	  	FY03
Actual

	 	 	FY04

	 
	 	  	 	Threshold

	 	 	Target

	 	 	Maximum

	 
	 Internal EBT $ (MM)
	  	($	4.912	)	 	$	0.846	 	 	$	3.850	 	 	$	4.346	 
	 Bonus %
	  	 	N/A	 	 	 	16.2	%	 	 	32.4	%	 	 	49.07	%
					
	 APOGEE (33 1/3%)
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	  	FY03
Actual

	 	 	FY04

	 
	 	  	 	Threshold

	 	 	Target

	 	 	Maximum

	 
	 EPS from Continuing Ops
	  	$	0.93	 	 	$	0.65	 	 	$	0.80	 	 	$	0.95	 
	 Bonus %
	  	 	N/A	 	 	 	8.1	%	 	 	16.2	%	 	 	24.53	%

  

	 	•	In general, financial thresholds (both Harmon AutoGlass and Apogee) must be achieved for any incentive payout. 

  

	 	•	If Apogee does not achieve its target of $0.80 per share from continuing operations, the total executive incentive pool will be reduced proportionately. 

  

	 	•	Management discretion will be used in case of exceptional mitigating circumstances. 

  

	 	•	Total bonus can exceed maximum only if all of the above exceed industry best and Apogee long-term goals. 

  
 BUSINESS GOALS: Bonus Potential – 32.4% (40% of Total Bonus Target) 
  

					
	 Percent
 Achieved

	  	 Percent
 Weighting

	 	 
	 ______
	  	10%	 	1. Six Sigma
	 	  	 	 	    $1.872 million savings
	 	  	 	 	            End of Year Assessment:
			
	 ______
	  	10%	 	2. Growth Above Industry Metrics
	 	  	 	 	 Estimated Target Ceiling: 27%
 Estimated Target Floor: 10%
 Basis: PPG’s growth estimates of aftermarket windshield units
installed. Should the PPG numbers not be available, a possible alternative source would be Frost & Sullivan.

	 	  	 	 	            End of Year Assessment:

  

 Executive Incentive Plan FY04 
 Joe Deckman 
  

					
	 ______
	 	10%	  	3. Growth Activity
	 	 	 	  	 •      Marketing competencies
  
 •      Marketing
measures
 •      5 items
  
 •      Business
Unit specific
  
 •      Customer visits
  
 •      Marketing strategies for when economy rebounds

	 	 	 	  	 End of Year Assessment:

			
	 ______
	 	 10%
	  	4. Diversity
	 	 	 	  	 •      Training/Education of all Exempt Managers and
Supervisors
  
 •      Recruiting
  
 •      Promotion Policy review
  
 •      Advertising and promotional materials

	 	 	 	  	 End of Year Assessment:

	
	 	
	  	 
	 ______
	 	 40%
	  	Totals as a Percent of Total Target Bonus

  
 POTENTIAL REDUCTIONS

  

			
	 Reduction
 Percent

	  	 
	 ______
	  	1. Safety
	 	  	 a. Achieve an AIR of less than 8.0.
  

b. Score at least 80% on the safety audit conducted in the 4th quarter of FY04

	 	  	 End of Year Assessment:

		
	 ______
	  	2. Code of Conduct recertification
	 	  	 Recertify 100% of all individuals as evidenced by receipt of signed cards in their files.

	 	  	 End of Year Assessment:

		
	 ______
	  	3. Financial/HR internal control policies
	 	  	 Completion of required Financial/HR internal control policies

	 	  	 End of Year Assessment:

	
	  	 
	 ______
	  	Total Reductions (maximum of 25%)

  

 Page 2 

 Executive Incentive Plan FY04 
 Joe Deckman 
  
 SUCCESS BONUS: Bonus Potential – $200,000

  
 If Apogee and a Corporate Partner enter into an agreement that results in a
joint venture that includes Curvlite, Apogee’s interest in PPG LLC, and Harmon AutoGlass, and you remain employed by Apogee through the date that the joint venture begins operations, then Apogee will pay a success bonus based on the valuation
of the businesses transferred to the joint venture according to the following calculation: 
  

	 	•	If the businesses are valued at $100 million or less, the success bonus will be $50,000 

  

	 	•	If the businesses are valued above $100 million, the success bonus will be $50,000 plus an additional $10,000 for each $1.333 million that the businesses are valued above $100
million up to a maximum success bonus of $200,000. 

  

 Page 3

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