Document:

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                                                                  Exhibit 10.11

EMPLOYMENT CONTRACT concluded at the place and date mentioned hereafter,

BETWEEN:                    MAAX Corporation, a private corporation
                            incorporated pursuant to Part 1A of the Companies
                            Act (Quebec), with its head office located at 1010
                            Sherbrooke Street West, Suite 1610, Montreal,
                            Quebec, H3A 2R7, represented by Mr. Andre Heroux,
                            president and CEO, duly authorized as per his
                            statement;

                            (hereafter referred to as the "Company")

AND                         Ms. Sophie Fortin, residing at 1795 De Montpellier
                            Street, Saint-Bruno, Quebec, J3V 4P4;

                            (hereafter referred to as the "Employee")

THE COMPANY AND THE EMPLOYEE AGREE TO THE FOLLOWING:

1.    EMPLOYMENT

1.1   The Company hires the services of the Employee, who accepts, as Corporate
      Vice President of Human Resources and Public Relations for the Company,
      all of which is in compliance with the provisions of the present
      employment contract (the "Contract").

1.2   The Employee will devote her business time exclusively to the service of
      the Company.

2.    TERM

2.1   The Contract goes into effect on January 31, 2005 or the day following the
      end of her employment contract with her current employer. The Employee
      will notify the Company of this date.

3.    POWERS AND RESPONSIBILITIES

3.1   Summary

      -     The Corporate Vice President of Human Resources and Public Relations
            reports directly to the President and CEO;

      -     All Human Resources directors from each MAAX Corporation sector will
            report to the holder of this position:

            *     Wholesale Bathroom Sector Canada
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            *     Wholesale Bathroom Sector USA
            *     Retail Bathroom Sector
            *     Spa Sector and
            *     Kitchen Sector

      -     The Public Relations Director also reports to the Corporate Vice
            President of Human Resources; and

      -     Member of the MAAX Corporation Executive Committee.

3.2   Job Description

      -     Efficiently manage the Company's Human Resources components in these
            areas:

            *     Labor relations with employees
            *     Company's organizational development
            *     Remuneration policies
            *     Employee training program
            *     Performance evaluation program and vitality curve
            *     Support and advice to members of the executive committee on
                  everything pertaining to human resources in their respective
                  sector
            *     Hiring policy for all Company sectors
            *     Occupational health and safety
            *     Development of a profit sharing program and
            *     Communications with employees

      -     Align the Business Culture with MAAX's strategic vision in order to
            accelerate the reaching of our objectives for our:

            *     Shareholders
            *     Customers and
            *     Employees

4.    PLACE OF WORK

4.1   The place of work will be at the Company head office, located at 1010
      Sherbrooke Street West, Suite 1610, Montreal, Quebec, H3A 2R7.

5.    REMUNERATION

5.1   Annual base salary of two hundred and twenty-five thousand dollars
      ($225,000). Afterwards, there will be an annual review based on the
      performance of the Employee and the Company.

5.2   Bonuses of up to 50% of the base salary are based on the results of the
      MAAX Corporation under three components:

            -     Profitability (earnings before interest, tax, depreciation and
                  amortization);

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            -     Operating fund; and
            -     Strategic objectives.

      A program that must be established every year with the President and CEO
      and approved by the Board of Directors for all members of the Executive
      Committee.

5.3   You will also be entitled to the Company's pension plan. It is a defined
      contribution plan and the employer contributes an amount equal to the
      employee's contributions, up to a maximum of 4% of the annual salary.

6.    STOCK OPTIONS

6.1   As a senior executive of the Company, you can also participate in MAAX's
      stock options program. As part of this program, ten thousand (10,000)
      shares will be issued to you. Of this number, 30% can be exercised in each
      of the subsequent years up to five (5) years, in accordance with the rules
      of the plan. They can not be exercised beyond a maximum period of ten (10)
      years of their issuing. This stock option is made possible by a resolution
      of the MAAX Board of Directors on January 20, 2005.

7.    INVESTMENTS - EQUITY PARTICIPATION IN THE COMPANY

7.1   You will also have the opportunity to become a Company shareholder by
      investing cash as equity in the MAAX Corporation.

7.2   The details of the shareholder agreement will be made available if you
      accept to enroll in this Company investment program.

8.    VACATION

8.1   The Employee is entitled, in addition to statutory holidays in the
      Province of Quebec and all other holidays decreed by the Company, to four
      (4) weeks of paid vacation per calendar year, which can be taken in a
      continuous or discontinuous manner at the Employee's discretion.

9.    EXPENSES

9.1   The Company will reimburse to the Employee the expenses incurred while
      performing her functions on behalf of the Company upon presentation of
      pertinent supporting documentation, all of which in compliance with the
      regulations and any associated Company policy, if applicable.

10.   OTHER BENEFITS

10.1  The Company will place at the disposal of the Employee and will replace
      every thirty-six (36) months or sooner, a vehicle equivalent to the
      monthly allocation for the present vehicle (approximate market value of
      forty-five thousand dollars ($45,000)). The Company will also assume
      operating and maintenance expenses upon presentation of the pertinent
      supporting documentation.

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10.2  The Company will pay parking expenses for the vehicle on a monthly basis.

10.3  The Company will place at the disposal of the Employee a cellular
      telephone and will assume the activation, subscription and calling
      expenses, with the exception of personal calls, upon presentation of
      pertinent supporting documentation.

10.4  The Employee will be entitled to all other fringe benefits that are
      offered or will be offered by the Company to its other executive
      Employees, if applicable.

10.5  As a MAAX Employee, you will be covered by the Company's group insurance
      program as of your hiring date.

11.   CONTRACT CANCELLATION CLAUSE

11.1  If for whatever reason, the Company wishes to terminate the contract
      without just cause, it must pay the Employee, in the form of liquidated
      damages, a package amount equivalent to one (1) year of base salary and
      target bonus performance.

12.   CONFIDENTIALITY, NON-SOLICITATION AND NON-COMPETITION

12.1  The Employee makes a commitment to the Company for the entire duration of
      the contract. For an additional period of two (2) years after the end of
      the contract, the Employee agrees to a non-competition clause with MAAX
      Corporation.

13.   OTHER PROVISIONS

13.1  None of the parties can transfer its rights or obligations under the terms
      of the Contract without the prior written consent of the other party.

13.2  Use in the Contract of the term "dollars" or the symbol "$" refers to the
      currency that has legal tender in Canada.

13.3  The Contract constitutes the complete and full agreement between the
      parties in regards to its object, subject to the Stock Option Agreement.

13.4  The simple elapsing of time for the execution of an obligation under the
      terms of the Contract will result in a party being in default, without any
      other notice or formal demand.

13.5  If a Contract provision were to be declared invalid by a competent court,
      the other provisions of the Contract will remain in effect.

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13.6  The Contract will be interpreted and be governed by the laws in the
      Province of Quebec and the applicable Canadian laws.

IN WITNESS WHEREOF, the parties have signed the Contract in                   ,
Quebec, on January 31, 2005.

                                          The Company

                                          By:   /s/Andre Heroux
                                             ---------------------------------
                                                Andre Heroux
                                                President and CEO

                                          The Employee

                                          By:   /s/Sophie Fortin
                                             ---------------------------------
                                                Sophie Fortin

                                       5<PAGE>
                                                                   EXHIBIT 10.18

                               MAAX HOLDINGS, INC.

               $170,689,000 AGGREGATE PRINCIPAL AMOUNT AT MATURITY
                     11 1/4% SENIOR DISCOUNT NOTES DUE 2012

                                   ----------

                               PURCHASE AGREEMENT

                                                                December 3, 2004

Merrill Lynch & Co.
Merrill Lynch, Pierce, Fenner & Smith
   Incorporated
World Financial Center - North Tower
250 Vesey Street
New York, New York 10080

Ladies and Gentlemen:

          MAAX Holdings, Inc., a Delaware corporation (the "Company"), proposes
to issue and sell to Merrill Lynch & Co. and Merrill Lynch Pierce, Fenner &
Smith Incorporated (collectively, the "Purchaser") $170,689,000 aggregate
principal amount at maturity of 11 1/4% Senior Discount Notes due 2012 of the
Company (the "Securities").

          1. The Company represents and warrants to, and agrees with, the
Purchaser that:

          (a) An offering memorandum, to be dated as of the date hereof (the
     "Offering Memorandum"), including the Canadian supplement thereto, will be
     prepared in connection with the offering of the Securities. The Offering
     Memorandum and any amendments or supplements thereto will not, as of its
     date or as of the Time of Delivery (as defined below), contain an untrue
     statement of a material fact or omit to state a material fact necessary in
     order to make the statements therein, in the light of the circumstances
     under which they were made, not misleading; provided, however, that this
     representation and warranty shall not apply to any statements or omissions
     made in reliance upon and in conformity with information furnished in
     writing to the Company by the Purchaser expressly for use therein. Any
     representation and warranty by the Company that relates to the Offering
     Memorandum is made only as of the time of delivery thereof to the Purchaser
     for distribution to investors and as of the Time of Delivery and shall be
     deemed to be a reference to the Offering Memorandum as delivered to the
     Purchaser for distribution to investors, it being understood that the
     Offering Memorandum has not been completed prior to the effectiveness of
     this Agreement;
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          (b) Neither the Company nor any of its subsidiaries has sustained
     since February 29, 2004 any material loss or interference with its business
     from fire, explosion, flood or other calamity, whether or not covered by
     insurance, or from any labor dispute or court or governmental action, order
     or decree, otherwise than as set forth or contemplated in the Offering
     Memorandum; and, since the respective dates as of which information is
     given in the Offering Memorandum, there has not been any change in the
     capital stock, total debt or long-term debt of the Company or any of its
     subsidiaries (other than as a result of intercompany transactions,
     including, without limitation, capital contributions, debt repayments,
     restructurings, amalgamations and wind-ups) or any material adverse change,
     or any development involving a prospective material adverse change, in or
     affecting the business, management, financial position, shareholders' or
     members' equity or results of operations of the Company and its
     subsidiaries, taken as a whole, otherwise than as set forth or contemplated
     in the Offering Memorandum;

          (c) The Company and its subsidiaries have good and marketable title in
     fee simple to all real property and good and marketable title to all
     personal property owned by them, in each case free and clear of all liens,
     encumbrances and defects except such as are described in the Offering
     Memorandum or those that, individually or in the aggregate, could not
     reasonably be expected to have a Material Adverse Effect (as defined below)
     and do not interfere with the use made and proposed to be made of such
     property by the Company and its subsidiaries; and any real property and
     buildings held under lease by the Company and its subsidiaries are held by
     them under valid, subsisting and enforceable leases with such exceptions as
     could not, individually or in the aggregate, reasonably be expected to have
     a Material Adverse Effect and do not interfere with the use made and
     proposed to be made of such property and buildings by the Company and its
     subsidiaries;

          (d) The Company has been duly incorporated and is validly existing as
     a corporation in good standing under the laws of the State of Delaware,
     with power and authority (corporate and other) to own its properties and
     conduct its business as described in the Offering Memorandum; and the
     Company has been duly qualified as a foreign company for the transaction of
     business and is in good standing under the laws of each other jurisdiction
     in which it owns or leases properties or conducts any business so as to
     require such qualification, other than any failures to so qualify or be in
     good standing in such jurisdictions that, individually or in the aggregate,
     could not reasonably be expected to have a Material Adverse Effect, and the
     Company is subject to no material liability or disability by reason of the
     failure to be so qualified in any such jurisdiction; and each subsidiary of
     the Company has been duly incorporated or organized and is validly existing
     as a corporation, limited liability company, unlimited company or
     partnership in good standing under the laws of its jurisdiction of
     organization other than any failures to be in good standing that,
     individually or in the aggregate, could not reasonably be expected to have
     a Material Adverse Effect, and the entities set forth on Schedule I are the
     only direct or indirect subsidiaries of the Company;

          (e) At the Time of Delivery, the Company will have an authorized
     capitalization as set forth in the Offering Memorandum, and all of the
     issued shares of capital stock of the Company will be duly and validly
     authorized and issued and will be

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     fully paid and non-assessable; and all of the issued shares of capital
     stock, membership interests or partnership interests of each subsidiary of
     the Company will be duly and validly authorized and issued, will be fully
     paid and non-assessable (except in the case of a subsidiary that is a Nova
     Scotia unlimited company, in which case the shares are assessable) and
     (except for directors' qualifying shares) will be owned directly or
     indirectly by the Company, free and clear of all liens, encumbrances,
     equities or claims (other than the liens under the Credit Agreement, dated
     as of June 4, 2004 among the Company, the guarantors party thereto, Goldman
     Sachs Credit Partners L.P., Royal Bank of Canada and Merrill Lynch Capital
     Corporation and the lenders party thereto (as amended on or prior to the
     date hereof, the "Credit Agreement"));

          (f) This Agreement has been duly authorized, executed and delivered by
     the Company;

          (g) The Securities have been duly authorized by the Company and, when
     executed, issued and delivered by the Company and authenticated by U.S.
     Bank Trust, N.A., as Trustee (the "Trustee"), pursuant to this Agreement
     and the Indenture (as defined below), will have been duly executed, issued
     and delivered by the Company and will constitute valid and legally binding
     obligations of the Company, entitled to the benefits provided by the
     indenture to be dated as of December 10, 2004 (the "Indenture") between the
     Company and the Trustee, under which they are to be issued, enforceable
     against the Company in accordance with their terms, subject as to
     enforcement, to bankruptcy, insolvency, reorganization and other laws of
     general applicability relating to or affecting creditors' rights and to
     general equity principles; the Securities will be in substantially the form
     contemplated by the Indenture;

          (h) The Indenture has been duly authorized by the Company and, when
     executed and delivered by the Company, will have been duly executed and
     delivered by the Company and (assuming due authorization, execution,
     delivery and performance by the Trustee) will constitute a valid and
     legally binding obligation of the Company enforceable against the Company
     in accordance with its terms, subject, as to enforcement, to bankruptcy,
     insolvency, reorganization and other laws of general applicability relating
     to or affecting creditors' rights and to general equity principles;

          (i) The exchange and registration rights agreement to be dated
     December 10, 2004 between the Company and the Purchaser (the "Registration
     Rights Agreement") has been duly authorized by the Company and, when
     executed and delivered by the Company, will have been duly executed and
     delivered by the Company and will constitute a valid and legally binding
     obligation of the Company, enforceable against the Company in accordance
     with its terms, subject, as to enforcement, to bankruptcy, insolvency,
     reorganization and other laws of general applicability relating to or
     affecting creditors' rights or limiting the availability of, and public
     policy against, indemnification and contribution and to general equity
     principles;

          (j) The exchange securities, with terms substantially identical to
     those of the Securities, to be issued in exchange for the Securities in
     connection with the exchange

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     offer contemplated by the Registrations Rights Agreement (the "Exchange
     Securities") have been duly authorized for issuance by the Company and,
     when executed, issued and delivered by the Company and authenticated by the
     Trustee pursuant to this Agreement and the Indenture, will have been duly
     executed, issued and delivered by the Company and will constitute valid and
     legally binding obligations of the Company, entitled to the benefits
     provided by the Indenture and enforceable in accordance with their terms,
     subject, as to enforcement, to bankruptcy, insolvency, reorganization and
     other laws of general applicability relating to or affecting creditors'
     rights and to general equity principles;

          (k) None of the transactions contemplated by this Agreement and to be
     performed by the Company (including, without limitation, the use of the
     proceeds from the sale of the Securities) will violate or result in a
     violation of Section 7 of the United States Securities Exchange Act of
     1934, as amended (the "Exchange Act"), or any regulation promulgated
     thereunder, including, without limitation, Regulations T, U, and X of the
     Board of Governors of the Federal Reserve System, in each case as the same
     may be in effect or as the same may hereafter be in effect at the Time of
     Delivery;

          (l) The issue and sale of the Securities by the Company and the
     execution and delivery of and the compliance by the Company and its
     subsidiaries with all of the provisions of the Securities, the Indenture,
     the Registration Rights Agreement, the Amendment (as defined below) and
     this Agreement (collectively, the "Transaction Documents") and the
     transactions herein and therein contemplated will not (i) conflict with or
     result in a breach or violation of any of the terms or provisions of, or
     constitute a default under, any indenture, mortgage, deed of trust, loan
     agreement or other agreement or instrument to which the Company or any of
     its subsidiaries is a party or by which the Company or any of its
     subsidiaries is bound or to which any of the property or assets of the
     Company or any of its subsidiaries is subject (after giving effect to the
     Amendment), (ii) result in any violation of the provisions of the
     organizational documents of the Company or any of its subsidiaries, (iii)
     result in any violation of the provisions of any law or statute or any
     order, rule, regulation, judgment or decree of any court, central bank,
     stock exchange or governmental agency or body ("Governmental Agency")
     having jurisdiction over the Company or any of its subsidiaries or any of
     their properties or assets, except in the case of clauses (i) and (iii) for
     such conflicts, breaches, violations, defaults or liens that, individually
     or in the aggregate, would not reasonably be expected to have a material
     adverse effect on and/or material adverse developments with respect to the
     business, management, financial position, shareholders' or members' equity
     or results of operations of the Company and its subsidiaries, taken as a
     whole ("Material Adverse Effect"); and no consent, approval, authorization,
     order, registration or qualification ("Governmental Authorizations") of or
     with any such Governmental Agency is required for the issue and sale of the
     Securities or the consummation by the Company of the transactions
     contemplated by the Transaction Documents, except for (x) the filing of a
     registration statement by the Company with the Commission pursuant to the
     United States Securities Act of 1933, as amended (the "Act") pursuant to
     the Registration Rights Agreement and (y) such Governmental Authorizations
     as may be required under state securities or Blue Sky laws or the private
     placement or equivalent provisions of the

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     securities laws of any province of Canada or the laws of any other
     jurisdiction outside of the United States, in connection with the purchase
     and distribution of the Securities by the Purchaser;

          (m) Neither the Company nor any of its subsidiaries is (i) in
     violation of its organizational documents or (ii) in default in the
     performance or observance of any obligation, covenant or condition
     contained in any indenture, mortgage, deed of trust, loan agreement, lease
     or other agreement or instrument to which it is a party or by which it or
     any of its properties may be bound except such defaults that, individually
     or in the aggregate, could not reasonably be expected to result in a
     Material Adverse Effect;

          (n) The statements set forth in the Offering Memorandum under the
     caption "Description of Notes," insofar as they purport to constitute a
     summary of the terms of the Securities, the Indenture and the Registration
     Rights Agreement, and under the captions "Income Tax Considerations" and
     "Underwriting," insofar as they purport to describe the provisions of the
     laws and documents referred to therein, are accurate and complete in all
     material respects;

          (o) Other than as set forth in the Offering Memorandum, there are no
     legal or governmental proceedings pending to which the Company or any of
     its subsidiaries is a party or of which any property or assets of the
     Company or any of its subsidiaries is the subject which, if determined
     adversely to the Company or any of its subsidiaries, would, individually or
     in the aggregate, reasonably be expected to have a Material Adverse Effect;
     and, to the best of the Company's knowledge, no such proceedings are
     threatened or contemplated by Governmental Authorities or threatened by
     others;

          (p) The Company and its subsidiaries have all material licenses,
     franchises, permits, authorizations, approvals and orders and other
     concessions of and from all Governmental Agencies that are necessary to own
     or lease their properties and conduct their businesses as described in the
     Offering Memorandum;

          (q) Neither the Company nor any of its subsidiaries has taken,
     directly or indirectly, any action which was designed to or which has
     constituted or which might reasonably be expected to cause or result in
     stabilization or manipulation of the price of any security of the Company
     in connection with the offering of the Securities;

          (r) When the Securities are issued and delivered pursuant to this
     Agreement, the Securities will not be of the same class (within the meaning
     of Rule 144A under the Act) as securities which are listed on a national
     securities exchange registered under Section 6 of the Exchange Act or
     quoted in a U.S. automated inter-dealer quotation system;

          (s) The Company is not, and immediately after giving effect to the
     offering and sale of the Securities, will not be, an "investment company,"
     or an entity "controlled by an investment company," as such terms are
     defined in the United States Investment

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     Company Act of 1940, as amended (the "Investment Company Act") and the
     rules and regulations thereunder;

          (t) Neither the Company nor any person acting on its behalf (other
     than the Purchaser as to whom the Company makes no representation) has
     offered or sold the Securities by means of any general solicitation or
     general advertising within the meaning of Rule 502(c) under the Act or,
     with respect to Securities sold outside the United States to non-U.S.
     persons (as defined in Rule 902 under the Act), by means of any directed
     selling efforts within the meaning of Rule 902 under the Act and the
     Company, any affiliate of the Company and any person acting on its behalf
     has complied with and will implement the "offering restriction" within the
     meaning of such Rule 902;

          (u) Within the preceding six months, neither the Company nor any other
     person acting on its behalf has offered or sold to any person any
     Securities or any securities of the same or a similar class as the
     Securities other than the Securities offered or sold to the Purchaser
     hereunder. The Company will take reasonable precautions designed to insure
     that any offer or sale, direct or indirect, in the United States or to any
     U.S. person (as defined in Rule 902 under the Act) of any Securities or any
     substantially similar security issued by the Company, within six months
     subsequent to the date on which the distribution of the Securities has been
     completed (as notified to the Company by the Purchaser), is made under
     restrictions and other circumstances reasonably designed not to affect the
     status of the offer and sale of the Securities in the United States and to
     U.S. persons contemplated by this Agreement as transactions exempt from the
     registration provisions of the Act;

          (v) KPMG LLP and Crowe Chizek and Company LLC, each of which has
     certified certain financial statements included in the Offering Memorandum
     as set forth in its report included therein, is each an independent public
     accounting firm as required by the Act and the rules and regulations of the
     Commission thereunder;

          (w) Except as described in the Offering Memorandum and except such
     matters as would not, individually or in the aggregate, reasonably be
     expected to have a Material Adverse Effect,

               (i) neither the Company nor any of its subsidiaries is in
          violation of any federal, state, provincial, local or foreign statute,
          law, rule, regulation, ordinance, code, policy or rule of common law
          or any judicial or administrative order, consent, decree or judgment
          thereof, including any judicial or administrative order, consent,
          decree or judgment relating to pollution or protection of human
          health, the environment (including, without limitation, ambient air,
          surface water, groundwater, land surface or subsurface strata) or
          wildlife, including, without limitation, laws and regulations relating
          to the release or threatened release of chemicals, pollutants,
          contaminants, wastes, toxic substances, hazardous substances,
          petroleum or petroleum products (collectively, "Hazardous Materials")
          or to the manufacture, processing, distribution, use, treatment,
          storage, disposal,

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<PAGE>
          transport or handling of Hazardous Materials (collectively,
          "Environmental Laws"),

               (ii) the Company and its subsidiaries have all permits,
          authorizations and approvals required under any applicable
          Environmental Laws and are in compliance with their requirements,

               (iii) there are no pending or, to the knowledge of the Company,
          threatened administrative, regulatory or judicial actions, suits,
          demands, demand letters, claims, liens, notices of noncompliance or
          violation, investigation or proceedings relating to any Environmental
          Law against the Company or any of its subsidiaries;

               (iv) neither the Company nor any of its subsidiaries is
          conducting any response or other corrective action at any location
          pursuant to any applicable Environmental Laws;

               (v) there are no events or circumstances that could reasonably be
          expected to form the basis of an order for clean-up or remediation, or
          an action, suit or proceeding by any private party or governmental
          body or agency, against or affecting, or which could result in
          liability of, the Company or any of its subsidiaries relating to
          Hazardous Materials or Environmental Laws;

          (x) The Company and its subsidiaries own or possess adequate rights to
     use all material patents, patent applications, trademarks, service marks,
     trade names, trademark registrations, service mark registrations,
     copyrights and licenses necessary for the conduct of their businesses as
     described in the Offering Memorandum, except where the failure to have such
     rights would not, individually or in the aggregate, reasonably be expected
     to have a Material Adverse Effect and the Company has no knowledge of any
     reason to believe that the conduct of the businesses of the Company and its
     subsidiaries will conflict with, and, except as disclosed in the Offering
     Memorandum, have not received any notice of any claim of conflict with, any
     such rights of others which, individually or in the aggregate, would
     reasonably be expected to have a Material Adverse Effect;

          (y) The financial statements, including the notes thereto, included in
     the Offering Memorandum comply as to form in all material respects with the
     applicable accounting requirements of the Act, the Exchange Act, and the
     rules and regulations of the Commission thereunder (except that the most
     recent audited balance sheet of the Company is as of a date which is more
     than 135 days prior to the date of the Offering Memorandum), and present
     fairly in all material respects the financial position of the entities to
     which they relate as of the dates indicated and their results of
     operations, cash flows and shareholders' equity for the periods specified;
     said financial statements have been prepared in conformity with generally
     accepted accounting principles as applied in the United States, applied on
     a consistent basis throughout the periods involved except as noted therein;
     the unaudited pro forma consolidated financial statements and the related
     notes thereto included in the Offering Memorandum present fairly the
     information shown

                                      -7-
<PAGE>
     therein, have been prepared in accordance with the Commission's rules and
     guidelines with respect to pro forma financial statements and have been
     properly compiled on the bases described therein; the assumptions used in
     the preparation thereof are reasonable and the adjustments made therein are
     appropriate to give effect to the transactions and circumstances referred
     to therein; the information, to the extent derived from the audited
     financial statements included in the Offering Memorandum, set forth under
     the captions "Summary--Summary Historical and Pro Forma Consolidated
     Financial Data" and "Selected Historical Financial Data" included in the
     Offering Memorandum fairly present the information set forth therein on a
     basis consistent with that of the audited financial statements included in
     the Offering Memorandum; and the other statistical and market and
     industry-related data included in the Offering Memorandum present fairly
     the information included therein, and are based upon or derived from
     sources that the Company believes to be reliable and accurate;

          (z) The Company has not, and as a result of consummation of the
     transactions herein contemplated will not have, incurred debts beyond its
     ability to pay as they mature; the present fair saleable value of the
     assets of the Company exceeds the amount required to pay the probable
     liability on its existing debts (whether matured or unmatured, liquidated
     or unliquidated, absolute, fixed or contingent), as they become absolute
     and matured, and, as a result of consummation of the transactions herein
     contemplated, will exceed such amount; the Company has not, and as a result
     of consummation of the transactions herein contemplated will not have,
     unreasonably small capital for it to carry on its business as proposed to
     be conducted; the Company is not incurring obligations or making transfers
     under any evidence of indebtedness with the intent to hinder, delay or
     defraud any entity to which it is or will become indebted;

          (aa) No labor disturbance by the employees of the Company or any of
     its subsidiaries exists or, to the best of the Company's knowledge, is
     imminent which individually or in the aggregate, would reasonably be
     expected to have a Material Adverse Effect; except as disclosed in the
     Offering Memorandum, neither the Company nor any of its subsidiaries is
     party to a collective bargaining agreement; and there are no unfair labor
     practice complaints pending against the Company or any of its subsidiaries
     or, to the best of the Company's knowledge, threatened against them which,
     individually or in the aggregate, would reasonably be expected to have a
     Material Adverse Effect;

          (bb) No "prohibited transaction" (as defined in Section 406 of the
     Employee Retirement Income Security Act of 1974, as amended, including the
     regulations and published interpretations thereunder ("ERISA"), or Section
     4975 of the Internal Revenue Code of 1986, as amended from time to time
     (the "Code")), or "accumulated funding deficiency" (as defined in Section
     302 of ERISA) or any of the events set forth in Section 4043(c) of ERISA
     (other than events with respect to which the 30-day notice requirement
     under Section 4043 of ERISA has been waived or any event described in
     Section 4043(c)(9) or 4043(c)(11) that may result from the offering of the
     Securities) has occurred with respect to any "employee benefit plan," (as
     defined in Section 3(3) of ERISA), or any "employee benefit plan" of any
     entity which is considered one employer with the Company or any subsidiary
     of the Company under Section 4001 of ERISA or

                                       -8-
<PAGE>
     Section 414 of the Code (an "ERISA Affiliate"); no fact or circumstance
     exists which could result in any pension plan being wound up (in whole or
     in part), being subject to an accelerated funding or special payment
     obligation, being less than fully funded on a going concern or solvency
     basis or being required to repay to the plan any expenses, amounts
     withdrawn from the plan or amounts applied to contribution holidays; each
     employee benefit plan is in compliance in all material respects with its
     terms and applicable law, including ERISA and the Code and has been
     established, administered, funded and invested in material compliance with
     its terms and all applicable law; and neither the Company nor any ERISA
     Affiliate has participated in any multiemployer plan (as defined in Section
     3(37) of ERISA or the comparable provisions of the applicable legislation
     of any other jurisdiction) for which it would incur a material liability if
     it were to completely or partially withdraw (within the meaning of Section
     4201 or 9203 of ERISA or the comparable provisions of the applicable
     legislation of any other jurisdiction) from any such plan; neither the
     Company nor any ERISA Affiliate has incurred or expects to incur liability
     under Title IV of ERISA or the comparable provisions of the applicable
     legislation of any other jurisdiction with respect to the termination of,
     or withdrawal from any "pension plan" (as defined in Section 3(2) of
     ERISA); and each "pension plan" for which the Company would have any
     liability that is intended to be qualified under Section 401(a) of the Code
     is so qualified in all material respects and, to the best of the Company's
     knowledge, nothing has occurred, whether by action or by failure to act,
     which could cause the loss of such qualification;

          (cc) Each of the Company and its subsidiaries (i) makes and keeps
     books and records which are accurate in all material respects and (ii)
     maintains internal accounting controls which provide reasonable assurance
     that (A) transactions are executed in accordance with management's
     authorization, (B) transactions are recorded as necessary to permit
     preparation of its financial statements and to maintain accountability for
     its assets, (C) access to its financial assets is permitted only in
     accordance with management's authorization and (D) the reported
     accountability for its assets is compared with existing assets at
     reasonable intervals;

          (dd) In connection with the sale and distribution of the Securities in
     Canada, the Company acknowledges and agrees that: (i) in accordance with
     applicable securities laws of certain of the provinces of Canada, certain
     contractual rights of action for rescission and damages as set forth in the
     Offering Memorandum used in Canada (being the Offering Memorandum, as
     supplemented for use in making offers and sales in certain provinces of
     Canada) under the heading "Rights of Action for Damages or Rescission" will
     be granted by the Company to purchasers who acquire the Securities from the
     Purchaser or its affiliates in Canada, and (ii) such Canadian purchasers
     shall be entitled to exercise such contractual rights of action against the
     Company in accordance with their terms. The Company agrees to make all
     private placement or similar filings required to be made with securities
     regulatory authorities in Canada with respect to the offering, sale and
     distribution of the Securities to the Purchaser or its affiliates and the
     initial resales or first trades of the Securities by the Purchaser to
     purchasers in Canada, including, without limitation, any required reports
     of the trades constituting such initial resales or first trades (to the
     extent the necessary information is provided by the Purchaser to the
     Company);

                                      -9-
<PAGE>
     and to pay all filing or other fees (other than fees relating to the filing
     of a prospectus) applicable in connection therewith; and

          (ee) The Transaction Documents conform in all material respects to the
     descriptions thereof in the Offering Memorandum.

          2. Subject to the terms herein set forth, the Company agrees to issue
and sell to the Purchaser, and, subject to the terms and conditions herein set
forth, the Purchaser agrees to purchase from the Company, all of the Securities
at $634.78 per $1,000 principal amount at maturity thereof, plus the increase in
Accreted Value (as defined in the Indenture), if any, from December 10, 2004 to
the Time of Delivery hereunder.

          3. Upon the authorization by you of the release of the Securities
(which the Company hereby does), the Purchaser proposes to offer the Securities
for sale upon the terms and conditions set forth in this Agreement and the
Offering Memorandum and the Purchaser hereby represents and warrants to, and
agrees with the Company that:

          (a) It has solicited and will solicit offers for the Securities only
     from and will offer and sell the Securities only (i) to persons who it
     reasonably believes are "qualified institutional buyers" ("QIBs") within
     the meaning of Rule 144A under the Act in transactions meeting the
     requirements of Rule 144A and (ii) through its selling agents, outside the
     United States, to non-U.S. persons in reliance on Regulation S under the
     Act;

          (b) It is an institutional "accredited investor" within the meaning of
     Rule 501 under the Act;

          (c) It has not solicited and will not solicit offers for, or offer or
     sell, the Securities by any form of general solicitation or general
     advertising, including but not limited to the methods described in Rule
     502(c) under the Act or in any manner involving a public offering within
     the meaning of Section 4(2) of the Act;

          (d) The Securities have not been and will not be registered under the
     Act and may not be offered or sold within the United States or to, or for
     the account or benefit of, U.S. persons except in accordance with
     Regulation S under the Act or pursuant to an exemption from the
     registration requirements of the Act. The Purchaser represents that it has
     offered and sold the Securities, and will offer and sell the Securities (i)
     as part of its distribution at any time and (ii) otherwise until 40 days
     after the later of the commencement of the offering and the Time of
     Delivery, only in accordance with Rule 903 of Regulation S or Rule 144A
     under the Act. Accordingly, the Purchaser agrees that neither it, its
     affiliates nor any persons acting on its or their behalf has engaged or
     will engage in any directed selling efforts with respect to the Securities,
     and it and they have complied and will comply with the offering
     restrictions requirement of Regulation S. The Purchaser agrees that, at or
     prior to confirmation of sale of Securities (other than a sale pursuant to
     Rule 144A), it will have sent to each distributor, dealer or person
     receiving a selling concession, fee or other remuneration that purchases
     Securities from it during the restricted period a confirmation or notice to
     substantially the following effect:

                                      -10-
<PAGE>
          "The Securities covered hereby have not been registered under the U.S.
          Securities Act of 1933 (the "Securities Act") and may not be offered
          and sold within the United States or to, or for the account or benefit
          of, U.S. persons (i) as part of their distribution at any time or (ii)
          otherwise until 40 days after the later of the commencement of the
          offering and the closing date, except in either case in accordance
          with Regulation S (or Rule 144A if available) under the Securities
          Act. Terms used above have the meaning given to them by Regulation S."

          Terms used in this paragraph have the meanings given to them by
     Regulation S.

          Notwithstanding the foregoing, Securities in registered form may be
     offered, sold and delivered by the Purchaser in the United States and to
     U.S. persons pursuant to clause (a)(i) of this Section 3 without delivery
     of the written statement required by this clause (d);

          (e) The Purchaser further represents and agrees that (i) it has not
     offered or sold and will not offer or sell any Securities to persons in the
     United Kingdom except to persons whose ordinary activities involve them in
     acquiring, holding, managing or disposing of investments (as principal or
     agent) for the purposes of their businesses or otherwise in circumstances
     which have not resulted and will not result in an offer to the public in
     the United Kingdom within the meaning of the Public Offers of Securities
     Regulations 1995, (b) it has complied, and will comply, with all applicable
     provisions of the Financial Services Act of 1986 of Great Britain with
     respect to anything done by it in relation to the Securities in, from or
     otherwise involving the United Kingdom, and (c) it has issued or passed on
     and will issue or pass on in the United Kingdom any document received by it
     in connection with the issuance of the Securities only to a person who is
     of a kind described in Article 11(3) of the Financial Services Act 1986
     (Investment Advertisements) (Exemptions) Order 1996 of Great Britain or is
     a person to whom the document may otherwise lawfully be issued or passed
     on; and

          (f) The Purchaser agrees that it will not offer, sell or deliver any
     of the Securities in any jurisdiction outside the United States except (A)
     under circumstances that will result in compliance with the applicable laws
     thereof, and except as otherwise set forth herein, that it will take at its
     own expense whatever action is required to permit its purchase and resale
     of the Securities in such jurisdictions and (B) in Canada, by way of
     private placement or other exemptions from the prospectus requirements. The
     Purchaser understands that no action has been taken to permit a public
     offering in any jurisdiction outside the United States where action would
     be required for such purpose.

          4. (a) The Securities to be purchased by the Purchaser hereunder will
be represented by one or more definitive global Securities in book-entry form
that will be deposited by or on behalf of the Company with The Depository Trust
Company ("DTC") or its designated custodian. The Company will deliver the
Securities to the Purchaser for the account of the Purchaser, against payment by
or on behalf of the Purchaser of the purchase price therefor by wire transfer,
payable to the order of the Company in Federal (same day) funds, by causing DTC

                                      -11-
<PAGE>
to credit the Securities to the account of the Purchaser at DTC. The Company
will cause the certificates representing the Securities to be made available to
the Purchaser for checking at least twenty-four hours prior to the Time of
Delivery (as defined below) at the office of DTC or its designated custodian
(the "Designated Office"). The time and date of such delivery and payment shall
be 9:30 a.m., New York City time, on December 10, 2004 or such other time and
date as the Purchaser and the Company may agree upon in writing. Such time and
date are herein called the "Time of Delivery."

          (b) The documents to be delivered at the Time of Delivery by or on
behalf of the parties hereto pursuant to Section 7 hereof, including the
cross-receipt for the Securities and any additional documents requested by the
Purchaser pursuant to Section 7 hereof, will be delivered at such time and date
at the offices of Cahill Gordon & Reindel LLP, 80 Pine Street, New York, New
York 10005 (the "Closing Location"), and the Securities will be delivered at the
Designated Office, all at the Time of Delivery. A meeting will be held at the
Closing Location at 3:00 p.m., New York City time, on the New York Business Day
next preceding the Time of Delivery, at which meeting the final drafts of the
documents to be delivered pursuant to the preceding sentence will be available
for review by the parties hereto. For the purposes of this Section 4, "New York
Business Day" shall mean each Monday, Tuesday, Wednesday, Thursday and Friday
which is not a day on which banking institutions in New York are generally
authorized or obligated by law or executive order to close.

          5. The Company agrees with the Purchaser:

          (a) To prepare the Offering Memorandum, including the Canadian
     supplement thereto, in a form reasonably approved by you; to make no
     amendment or any supplement to the Offering Memorandum without your prior
     consent (which consent shall not be unreasonably withheld) promptly after
     reasonable notice thereof; and to furnish you with such copies thereof as
     you may reasonably request;

          (b) Promptly, from time to time, to take such action as you may
     reasonably request to qualify the Securities for offering and sale under
     the securities laws of such jurisdictions as you may reasonably request and
     to comply with such laws so as to permit the continuance of sales and
     dealings therein in such jurisdictions for as long as may be necessary to
     complete the distribution of the Securities therein, provided that in
     connection therewith, the Company shall not be required to (i) qualify as a
     foreign corporation in any jurisdiction wherein it would not otherwise be
     required to qualify but for the requirements of Section 3(c)(vi) of the
     Registration Rights Agreement, (ii) consent to general service of process
     in any such jurisdiction, (iii) take any other action that would subject it
     to general service of process or to taxation in excess of a nominal amount
     in respect of doing business in any jurisdiction in which it is not
     otherwise subject, (iv) make any changes to its organizational documents or
     any agreement between it and its equityholders or (v) file a prospectus in
     Canada;

          (c) To furnish the Purchaser with three copies of the Offering
     Memorandum and each amendment or supplement thereto signed by an authorized
     officer of the Company with the independent accountants' report(s) in the
     Offering Memorandum, and

                                      -12-
<PAGE>
     any amendment or supplement containing amendments to the financial
     statements covered by such report(s), signed by the accountants, and
     additional written and electronic copies thereof in such quantities as you
     may from time to time reasonably request. If, at any time prior to the
     completion of the resale by the Purchaser of the Securities, any event
     shall have occurred as a result of which the Offering Memorandum as then
     amended or supplemented would include an untrue statement of a material
     fact or omit to state any material fact necessary in order to make the
     statements therein, in the light of the circumstances under which they were
     made when such Offering Memorandum is delivered, not misleading, or, if for
     any other reason it shall be necessary or desirable during such same period
     to amend or supplement the Offering Memorandum, to notify you and upon your
     request to prepare and furnish without charge to the Purchaser and to any
     dealer in securities as many written and electronic copies as you may from
     time to time reasonably request of an amended Offering Memorandum or a
     supplement to the Offering Memorandum which will correct such statement or
     omission or effect such compliance;

          (d) For a period of 180 days from the date of the Offering Memorandum,
     not to offer, sell, contract to sell, grant any option to purchase, issue
     any instrument convertible into or exchangeable for, or otherwise transfer
     or dispose of (or enter into any transaction or device which is designated
     to, or could be expected to, result in the disposition in the future of),
     any Securities or any securities of the Company that are substantially
     similar to the Securities except

               (i) the Exchange Securities in exchange for the Securities in
          connection with the exchange offer contemplated by the Registrations
          Rights Agreement or

               (ii) with the prior written consent of the Purchaser;

          (e) Not to be or become, at any time prior to the expiration of two
     years after the Time of Delivery or, if earlier, until such time as the
     Securities are no longer restricted securities (as defined in Rule 144
     under the Securities Act), an open-end investment company, unit investment
     trust, closed-end investment company or face-amount certificate company
     that is or is required to be registered under Section 8 of the Investment
     Company Act;

          (f) To comply with the reporting and information covenant in the
     Indenture;

          (g) If requested by you, to use all commercially reasonable efforts to
     cause the Securities to be eligible for the PORTAL trading system of the
     National Association of Securities Dealers, Inc.;

          (h) During a period of five years from the date of the Offering
     Memorandum, so long as any of the Securities then remain outstanding, to
     furnish to you copies of all reports or other communications (financial or
     other) and to deliver to you (i) as soon as they are available, copies of
     any reports and financial statements furnished to or filed

                                      -13-
<PAGE>
     with the Commission, applicable securities regulatory authorities in Canada
     or any securities exchange on which the Securities or any class of
     securities of the Company or any of its subsidiaries is listed and (ii)
     such additional information concerning the business and financial condition
     of the Company and its subsidiaries as you may from time to time reasonably
     request (such financial statements to be on a consolidated basis to the
     extent the accounts of the Company and its subsidiaries are consolidated in
     reports furnished to its shareholders generally or to the Commission);

          (i) To do and perform all things required to be done and performed
     under the Transaction Documents prior to and after the Time of Delivery;

          (j) To comply with all agreements set forth in the representation
     letters of the Company to DTC relating to the approval of the Securities by
     DTC for "book entry" transfer; and

          (k) To use the net proceeds received by them from the sale of the
     Securities pursuant to this Agreement in the manner specified in the
     Offering Memorandum under the caption "Use of Proceeds."

          6. The Company covenants and agrees with the Purchaser that it will
pay or cause to be paid the following:

          (a) the fees, disbursements and expenses of the Company's counsel and
     accountants in connection with the issue of the Securities and all other
     expenses in connection with the preparation, printing and filing of the
     Offering Memorandum (including the Canadian supplement thereto) and any
     amendments and supplements thereto and the mailing and delivering of copies
     thereof to the Purchaser and dealers;

          (b) the cost of printing or producing this Agreement, the Indenture,
     the Registration Rights Agreement, the Blue Sky and legal investment
     surveys, closing documents (including any compilations thereof) and any
     other documents in connection with the offering, purchase, sale and
     delivery of the Securities;

          (c) all expenses in connection with the qualification of the
     Securities and the Exchange Securities for offering and sale under state
     securities laws as provided in Section 5(b) hereof, including the fees and
     disbursements of counsel for the Purchaser in connection with such
     qualification and in connection with the Blue Sky and legal investment
     surveys;

          (d) any fees charged by securities rating services for rating the
     Securities and the Exchange Securities;

          (e) the cost of preparing the Securities;

          (f) the fees and expenses of the Trustee and any agent of the Trustee
     and the fees and disbursements of counsel for the Trustee in connection
     with the Indenture and the Securities;

                                      -14-
<PAGE>
          (g) any cost incurred in connection with the designation of the
     Securities for trading in PORTAL; and

          (h) all other costs and expenses incident to the performance of their
     obligations hereunder which are not otherwise specifically provided for in
     this Section. It is understood, however, that, except as provided in this
     Section, and Sections 8 and 10 hereof, the Purchaser will pay all of its
     own costs and expenses, including the fees of their counsel, transfer taxes
     on resale of any of the Securities by them, and any advertising expenses
     connected with any offers it may make.

          7. The obligations of the Purchaser hereunder shall be subject to the
condition that all representations and warranties and other statements of the
Company herein are, at and as of the Time of Delivery, true and correct, the
condition that the Company shall have performed all of its obligations hereunder
theretofore to be performed, and the following additional conditions:

          (a) Cahill Gordon & Reindel LLP, counsel for the Purchaser, shall have
     furnished to you such opinion or opinions, dated the Time of Delivery, as
     you may reasonably request, and such counsel shall have received such
     papers and information as they may reasonably request to enable them to
     pass upon such matters;

          (b) The Purchaser shall have received written opinions, dated the Time
     of Delivery, in form and substance satisfactory to you, from:

               (i) Kaye Scholer LLP, as special counsel for the Company, in the
          form of Annex I hereto; and

               (ii) Fasken Martineau DuMoulin LLP, Canadian counsel for the
          Company, in the form of Annex II hereto;

          (c) On the date of delivery of the Offering Memorandum to the
     Purchaser for distribution to investors and also at the Time of Delivery,
     KPMG LLP shall have furnished to you a letter or letters, dated the date of
     the Offering Memorandum and as of the Time of Delivery, respectively, in
     form and substance satisfactory to you, to the effect set forth in Annex
     III hereto;

          (d) (i) Neither the Company nor any of its subsidiaries shall have
     sustained since February 29, 2004 any loss or interference with its
     business from fire, explosion, flood or other calamity, whether or not
     covered by insurance, or from any labor dispute or court or governmental
     action, order or decree, otherwise than as set forth or contemplated in the
     Offering Memorandum, and (ii) since the respective dates as of which
     information is given in the Offering Memorandum there shall not have been
     any change in the capital stock, total debt or long-term debt of the
     Company or any of its subsidiaries (other than as a result of intercompany
     transactions, including without limitation, capital contributions, debt
     repayments, restructurings, amalgamations and wind-ups) or any change, or
     any development involving a prospective change, in or affecting the general
     affairs, management, financial position, shareholders' equity or

                                      -15-
<PAGE>
     results of operations of the Company and its subsidiaries, otherwise than
     as set forth or contemplated in the Offering Memorandum, the effect of
     which, in any such case described in clause (i) or (ii), is in the judgment
     of the Purchaser so material and adverse as to make it impracticable or
     inadvisable to proceed with the offering or the delivery of the Securities
     on the terms and in the manner contemplated in this Agreement and in the
     Offering Memorandum;

          (e) On or after the date hereof (i) no downgrading shall have occurred
     in the rating accorded any debt or preferred stock of the Company or any of
     its subsidiaries by any "nationally recognized statistical rating
     organization," as that term is defined by the Commission for purposes of
     Rule 436(g)(2) under the Act, and (ii) no such organization shall have
     publicly announced that it has under surveillance or review, with possible
     negative implications, its rating of any such debt or preferred stock,
     excluding a downgrade of MAAX Corporation's (x) senior implied rating to B2
     by Moody's Investors Service ("Moody's") and to B by Standard & Poor's
     Rating Group ("S&P") and (y) senior subordinated notes to Caa by Moody's
     and CCC+ by S&P, and any announcements by Moody's or S&P relating to the
     foregoing;

          (f) On or after the date hereof there shall not have occurred any of
     the following: (i) a suspension or material limitation in trading in
     securities generally on the New York Stock Exchange; (ii) a general
     moratorium on commercial banking activities in New York is declared by the
     relevant authorities, or a material disruption in commercial banking or
     securities settlement or clearance services in the United States; (iii) the
     outbreak or escalation of hostilities involving the United States, or the
     declaration by the United States of a national emergency or war; or (iv)
     the occurrence of any other calamity or crisis or any change in financial,
     political or economic conditions or currency exchange rates or controls in
     the United States or elsewhere, if the effect of any such event specified
     in clause (iii) or (iv) in the judgment of the Purchaser makes it
     impracticable or inadvisable to proceed with the offering or the delivery
     of the Securities on the terms and in the manner contemplated in the
     Offering Memorandum;

          (g) The Securities have been designated for trading on PORTAL;

          (h) The Company shall have furnished or caused to be furnished to you
     at the Time of Delivery a certificate of officers of the Company
     satisfactory to you that the representations and warranties of the Company
     herein are true and correct in all material respects (to the extent not
     otherwise qualified by materiality or Material Adverse Effect) as if made
     on and as of such Time of Delivery, that the Company has performed or
     complied in all material respects (to the extent not otherwise qualified by
     materiality or Material Adverse Effect) with all of its obligations
     hereunder to be performed at or prior to such Time of Delivery, as to the
     matters set forth in subsection (d) of this Section and as to such other
     matters as you may reasonably request;

          (i) All conditions to the effectiveness of Amendment No. 2, dated
     December 3, 2004, to the Credit Agreement (the "Amendment") shall be
     satisfied except for the

                                      -16-
<PAGE>
     payment of the consent fee to the lenders thereunder, which shall be funded
     by the proceeds of the offering of the Securities;

          (j) The Company shall have delivered executed copies of the
     Securities, the Indenture and the Registration Rights Agreement to the
     Purchaser; and

          (k) The Company shall have furnished to you promptly after the date
     hereof, but in no event later than 3 New York Business Days prior to the
     Time of Delivery, an Offering Memorandum to be dated as of the date hereof
     in form and substance reasonably satisfactory to you that complies with
     Section 5(a) and the first sentence of Section 5(c) and that reflects no
     changes in the general affairs, senior management, financial position or
     results of operations of the Company and its subsidiaries from the draft of
     the Offering Memorandum distributed at 12:41 am on December 3, 2004, that
     the Purchaser reasonably determines to be material and adverse to the
     Purchaser's investment decision; it being understood that changes to
     reflect the pricing determined pursuant to Section 2 hereof shall not be
     deemed to be material and adverse; provided that the section of the
     Offering Memorandum entitled "Description of Notes" shall be in the form
     attached as Annex IV hereto.

          8. (a) The Company will indemnify and hold harmless the Purchaser
against any losses, claims, damages or liabilities, joint or several, to which
the Purchaser may become subject, under the Act or otherwise, insofar as such
losses, claims, damages or liabilities (or actions in respect thereof) arise out
of or are based upon an untrue statement or alleged untrue statement of a
material fact contained in the Offering Memorandum, or any amendment or
supplement thereto, or arise out of or are based upon the omission or alleged
omission to state therein a material fact necessary to make the statements
therein not misleading, and will reimburse the Purchaser for any legal or other
expenses reasonably incurred by the Purchaser in connection with investigating
or defending any such action or claim as such expenses are incurred; provided,
however, that the Company shall not be liable in any such case to the extent
that any such loss, claim, damage or liability arises out of or is based upon an
untrue statement or alleged untrue statement or omission or alleged omission
made in the Offering Memorandum or any such amendment or supplement in reliance
upon and in conformity with written information furnished to the Company by or
on behalf of the Purchaser expressly for use therein.

          (b) The Purchaser will indemnify and hold harmless the Company against
any losses, claims, damages or liabilities to which the Company may become
subject, under the Act or otherwise, insofar as such losses, claims, damages or
liabilities (or actions in respect thereof) arise out of or are based upon an
untrue statement or alleged untrue statement of a material fact contained in the
Offering Memorandum, or any amendment or supplement thereto, or arise out of or
are based upon the omission or alleged omission to state therein a material fact
necessary to make the statements therein not misleading, in each case to the
extent, but only to the extent, that such untrue statement or alleged untrue
statement or omission or alleged omission was made in the Offering Memorandum or
any such amendment or supplement in reliance upon and in conformity with written
information furnished to the Company by or on behalf of the Purchaser expressly
for use therein; and will reimburse the Company for any legal or other expenses
reasonably

                                      -17-
<PAGE>
incurred by the Company in connection with investigating or defending any such
action or claim as such expenses are incurred.

          (c) Promptly after receipt by an indemnified party under subsection
(a) or (b) above of notice of the commencement of any action, such indemnified
party shall, if a claim in respect thereof is to be made against the
indemnifying party under such subsection, notify the indemnifying party in
writing of the commencement thereof; but the omission so to notify the
indemnifying party shall not relieve it from any liability which it may have to
any indemnified party otherwise than under such subsection. In case any such
action shall be brought against any indemnified party and it shall notify the
indemnifying party of the commencement thereof, the indemnifying party shall be
entitled to participate therein and, to the extent that it shall wish, jointly
with any other indemnifying party similarly notified, to assume the defense
thereof, with counsel reasonably satisfactory to such indemnified party (who
shall not, except with the consent of the indemnified party, be counsel to the
indemnifying party), and, after notice from the indemnifying party to such
indemnified party of its election so to assume the defense thereof, the
indemnifying party shall not be liable to such indemnified party under such
subsection for any legal expenses of other counsel or any other expenses, in
each case subsequently incurred by such indemnified party, in connection with
the defense thereof other than reasonable costs of investigation. No
indemnifying party shall, without the written consent of the indemnified party,
effect the settlement or compromise of, or consent to the entry of any judgment
with respect to, any pending or threatened action or claim in respect of which
indemnification or contribution may be sought hereunder (whether or not the
indemnified party is an actual or potential party to such action or claim)
unless such settlement, compromise or judgment (i) includes an unconditional
release of the indemnified party from all liability arising out of such action
or claim and (ii) does not include a statement as to, or an admission of, fault,
culpability or a failure to act, by or on behalf of any indemnified party.

          (d) If the indemnification provided for in this Section 8 is
unavailable to or insufficient to hold harmless an indemnified party under
subsection (a) or (b) above in respect of any losses, claims, damages or
liabilities (or actions in respect thereof) referred to therein, then each
indemnifying party shall contribute to the amount paid or payable by such
indemnified party as a result of such losses, claims, damages or liabilities (or
actions in respect thereof) in such proportion as is appropriate to reflect the
relative benefits received by the Company on the one hand and the Purchaser on
the other from the offering of the Securities. If, however, the allocation
provided by the immediately preceding sentence is not permitted by applicable
law or if the indemnified party failed to give the notice required under
subsection (c) above, then each indemnifying party shall contribute to such
amount paid or payable by such indemnified party in such proportion as is
appropriate to reflect not only such relative benefits but also the relative
fault of the Company on the one hand and the Purchaser on the other in
connection with the statements or omissions which resulted in such losses,
claims, damages or liabilities (or actions in respect thereof), as well as any
other relevant equitable considerations. The relative benefits received by the
Company on the one hand and the Purchaser on the other shall be deemed to be in
the same proportion as the total net proceeds from the offering (before
deducting expenses) received by the Company bear to the total underwriting
discounts and commissions received by the Purchaser. The relative fault shall be
determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission or alleged omission

                                      -18-
<PAGE>
to state a material fact relates to information supplied by the Company on the
one hand or the Purchaser on the other and the parties' relative intent,
knowledge, access to information and opportunity to correct or prevent such
statement or omission. The Company and the Purchaser agree that it would not be
just and equitable if contribution pursuant to this subsection (d) were
determined by pro rata allocation or by any other method of allocation which
does not take account of the equitable considerations referred to above in this
subsection (d). The amount paid or payable by an indemnified party as a result
of the losses, claims, damages or liabilities (or actions in respect thereof)
referred to above in this subsection (d) shall be deemed to include any legal or
other expenses reasonably incurred by such indemnified party in connection with
investigating or defending any such action or claim. Notwithstanding the
provisions of this subsection (d), the Purchaser shall not be required to
contribute any amount in excess of the amount by which the total price at which
the Securities underwritten by it and distributed to investors were offered to
investors exceeds the amount of any damages which the Purchaser has otherwise
been required to pay by reason of such untrue or alleged untrue statement or
omission or alleged omission.

          (e) The obligations of the Company under this Section 8 shall be in
addition to any liability which the Company may otherwise have and shall extend,
upon the same terms and conditions, to each person, if any, who controls the
Purchaser within the meaning of the Act; and the obligations of the Purchaser
under this Section 8 shall be in addition to any liability which the Purchaser
may otherwise have and shall extend, upon the same terms and conditions, to each
officer and director of the Company and to each person, if any, who controls the
Company within the meaning of the Act.

          9. The respective indemnities, agreements, representations, warranties
and other statements of the Company and the Purchaser, as set forth in this
Agreement or made by or on behalf of them, respectively, pursuant to this
Agreement, shall remain in full force and effect, regardless of any
investigation (or any statement as to the results thereof) made by or on behalf
of the Purchaser or any controlling person of the Purchaser, the Company or any
officer or director or controlling person of the Company and shall survive
delivery of and payment for the Securities.

          10. If for any reason the Securities are not delivered by or on behalf
of the Company as provided herein, the Company will reimburse the Purchaser,
upon written request, for all out-of-pocket expenses, including fees and
disbursements of counsel, reasonably incurred by the Purchaser in making
preparations for the purchase, sale and delivery of the Securities but the
Company shall not then be under further liability to the Purchaser except as
provided in Sections 6 and 8 hereof.

          All statements, requests, notices and agreements hereunder shall be in
writing, and if to the Purchaser shall be delivered or sent by mail or facsimile
transmission to you as the Purchaser at World Financial Center - North Tower,
250 Vesey Street, New York, New York, 10080, attention of High Yield Capital
Markets, Greg Margolies, with a copy to Cahill Gordon & Reindel LLP, 80 Pine
Street, New York, New York 10005, attention of Susanna M. Suh, Esq; and if to
the Company shall be delivered or sent by mail or facsimile transmission to the
address of the Company set forth in the Offering Memorandum, Attention:
Secretary with a copy to Kaye

                                      -19-
<PAGE>
Scholer LLP, 425 Park Avenue, New York, New York, 10022 attention of Stephen C.
Koval, Esq. Any such statements, requests, notices or agreements shall take
effect upon receipt thereof.

          11. This Agreement shall be binding upon, and inure solely to the
benefit of, the Purchaser, the Company and, to the extent provided in Sections 8
and 9 hereof, the officers and directors of the Company and each person who
controls the Company, and its respective heirs, executors, administrators,
successors and assigns, and no other person shall acquire or have any right
under or by virtue of this Agreement, other than as set forth in the first
sentence of Section 1(dd). No purchaser of any of the Securities from the
Purchaser shall be deemed a successor or assign by reason merely of such
purchase.

          12. Time shall be of the essence of this Agreement.

          13. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK.

          14. This Agreement may be executed by any one or more of the parties
hereto in any number of counterparts, each of which shall be deemed to be an
original, but all such respective counterparts shall together constitute one and
the same instrument.

          15. The Company is authorized, subject to applicable law, to disclose
any and all aspects of this potential transaction that are necessary to support
any U.S. federal income tax benefits expected to be claimed with respect to such
transaction, and all materials of any kind (including tax opinions and other tax
analyses) related to those benefits, without the Purchaser imposing any
limitation of any kind.

                                      -20-
<PAGE>
          If the foregoing is in accordance with your understanding, please sign
and return to us five counterparts hereof, and upon the acceptance hereof by
you, this letter and such acceptance hereof shall constitute a binding agreement
between the Purchaser and the Company.

                                        Very truly yours,

                                        MAAX HOLDINGS, INC.

                                        By: /s/ Denis Aubin
                                            ------------------------------------
                                            Name: Denis Aubin
                                            Title: Executive Vice President and
                                            CFO

MERRILL LYNCH & CO.
MERRILL LYNCH, PIERCE, FENNER & SMITH
   INCORPORATED

By: /s/ Gregory Margolies
    ---------------------------------
    Authorized Signatory

                                      -21-
<PAGE>
                                   SCHEDULE I

                                  SUBSIDIARIES

<TABLE>
<CAPTION>
              SUBSIDIARY                JURISDICTION OF ORGANIZATION           STOCKHOLDER
              ----------                ----------------------------           -----------
<S>                                     <C>                            <C>
Beauceland Corporation                           Nova Scotia               MAAX Holdings, Inc.
MAAX Corporation                                 Nova Scotia             Beauceland Corporation
4200217 Canada Inc.                                Canada                   MAAX Canada Inc.
MAAX Canada Inc.                                   Canada                   MAAX Corporation
Cuisine Expert - C.E. Cabinets Inc.                Canada                   MAAX Canada Inc.
MAAX Spas (Ontario) Inc.                           Canada                   MAAX Canada Inc.
MAAX Spas (B.C.) Inc.                              Canada                   MAAX Canada Inc.
9022-3751 Quebec Inc.                              Quebec                  4200217 Canada Inc.
MAAX Holding Co.                                  Delaware                  MAAX Corporation
MAAX-KSD Corporation                            Pennsylvania                MAAX Holding Co.
Pearl Baths, Inc.                                 Minnesota                 MAAX Holding Co.
MAAX-HYDRO SWIRL Manufacturing Corp.             Washington                 MAAX Holding Co.
MAAX Midwest, Inc.                                 Indiana                  MAAX Holding Co.
MAAX Spas (Arizona), Inc.                        California                 MAAX Holding Co.
Aker Plastics Company Inc.                         Indiana                  MAAX Holding Co.
MAAX (2004) LLC                                   Delaware                MAAX Hungary Services
                                                                       Limited Liability Company;
                                                                         MAAX Canada Inc. holds
                                                                            non-voting shares
MAAX Europe Holding B.V.                         Netherlands                MAAX Canada Inc.
Halero B.V.                                      Netherlands            MAAX Europe Holding B.V.
SaniNova B.V.                                    Netherlands                   Halero B.V.
MAAX Luxembourg S.A.R.L.                         Luxembourg                 MAAX Canada Inc.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
              SUBSIDIARY                JURISDICTION OF ORGANIZATION           STOCKHOLDER
              ----------                ----------------------------           -----------
<S>                                     <C>                            <C>
MAAX Hungary Services Limited                      Hungary                   MAAX Luxembourg
   Liability Company                                                            S.A.R.L.
                                                                            MAAX Canada Inc.
MAAX LLC                                          Delaware                  MAAX Canada Inc.
</TABLE>

                                       -2-
<PAGE>
                                     ANNEX I

[Form of Opinion of Kaye Scholer LLP, U.S. counsel for the Issuer]

<PAGE>
                                    ANNEX II

[Form of Opinion of Fasken Martineau DuMoulin LLP, Canadian counsel for the
Issuer]

<PAGE>
                                    ANNEX III

[Form of Comfort Letter]

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