Document:

EX-10.8

 Exhibit 10.8 

Class B-1 Common Stock 

NONSTATUTORY STOCK OPTION AGREEMENT 

THIS AGREEMENT is made this 19th day of February, 2015 (the “Grant Date”) between JELD-WEN Holding, inc., an Oregon
corporation (the “Company”), and First & Last Name (the “Optionee”). 
 WHEREAS, the
Company desires to grant to the Optionee an option to purchase shares of the Company’s Class B-1 Common Stock under the Company’s Stock Option Plan (the “Plan”); and 

WHEREAS, the Company and the Optionee understand and agree that any capitalized terms used herein, if not otherwise defined, shall have the
same meanings as in the Plan (the Optionee being referred to in the Plan as a Participant). 
 NOW, THEREFORE, in consideration of the
following mutual covenants and for other good and valuable consideration, the parties agree as follows: 
  

	(1)	GRANT OF OPTION 

 The Company grants to the Optionee the right and option (the
“Option”) to purchase all or any part of an aggregate of (Shares) Shares of Class B-1 Common Stock (the “Option Shares”) on the terms and conditions and subject to all the limitations set forth herein and in the
Plan, which is incorporated herein by reference. The Optionee acknowledges receipt of a copy of the Plan and acknowledges that the definitive records pertaining to the grant of this Option, and exercises of rights hereunder, shall be retained by the
Company. The Option granted herein is intended to be a Nonstatutory Option as defined in the Plan. 
  

	(2)	PURCHASE PRICE 

 The purchase price of the Option Shares shall be $(FMV) per share (the
“Exercise Price”), which is not less than the Fair Market Value of a share of Class B-1 Common Stock as of the Grant Date. The foregoing notwithstanding, the Optionee acknowledges that the Company cannot and has not guaranteed that
the Internal Revenue Service (“IRS”) will agree that the Exercise Price equals or exceeds the fair market value of a Share on the Grant Date in a later determination. The Optionee agrees that if the IRS determines that the Option
was granted with an Exercise Price that was less than the Fair Market Value of a Share of Class B-1 Common Stock on the Grant Date, the Optionee shall be solely responsible for any costs or tax liabilities related to such a determination. 

 

	(3)	VESTING AND EXERCISABILITY 

  

	 	(a)	 Subject to the Plan and this Agreement, the Option shall become vested and exercisable (to the extent vested and
exercisable, the “Vested Options”) as to 20% of the Option Shares on each of the first five anniversaries of (Vest Date) (each, a “Vesting Date”), so long as the Optionee continues to be an employee or Key
Non-Employee of the Company 

	 	 
or its Affiliates at all times from the Grant Date through each Vesting Date. All vesting shall cease upon the date the Optionee ceases to be an employee or Key Non-Employee of the Company or an
Affiliate. The foregoing notwithstanding, if the Optionee’s employment or engagement is terminated by the Company or an Affiliate without cause, the Option Shares which would otherwise have vested on the Vesting Date next following such
termination shall become Vested Shares on the date the Optionee’s employment or engagement terminates. 

  

	 	(b)	The Option may be exercised only with respect to Option Shares issuable upon the exercise of any Vested Options. 

  

	 	(c)	The Optionee shall not be entitled to exercise the Option and no Shares of Class B-1 Common Stock shall be issued pursuant to the exercise of the Option unless the Optionee becomes a signatory to the Company’s
Shareholders Agreement, the 2011 Shareholders Agreement and the Registration Rights Agreement by executing joinder agreements thereto whereby the Optionee shall be deemed to have adopted and to have agreed to be bound by all of the provisions of
such agreements. 

  

	 	(d)	For the avoidance of doubt, the limitations on the Optionee’s ability to exercise the Option contained in this Agreement are independent, and the Option shall only be exercisable to the extent that none of such
limitations apply. 

  

	(4)	EXERCISABILITY UPON AND AFTER TERMINATION OF EMPLOYMENT 

  

	 	(a)	Unvested Options. All Option Shares which have not vested in accordance with Paragraph 3(a) of this Agreement shall be cancelled, forfeited and terminated upon the Optionee ceasing to be an employee or Key
Non-Employee of the Company or any of its Affiliates for any reason. 

  

	 	(b)	For Cause. If the Optionee ceases to be an employee or Key Non-Employee of the Company or any of its Affiliates for cause (as determined pursuant to the Plan), the Option shall terminate as of immediately prior
to such termination and the Optionee shall thereafter cease to have any right to exercise any Option. 

  

	 	(c)	Disability. If the Optionee ceases to be an employee or Key Non-Employee of the Company or any of its Affiliates by reason of Disability, the Option may be exercised by the Optionee’s estate or personal
representative to the extent it was a Vested Option on the date the Committee determined that the Optionee had become Disabled until the earlier of twelve (12) months after such date and the Expiration Date (as hereinafter defined), following
which the Option shall, if not exercised, terminate. 

  

	 	(d)	Death. If the Optionee ceases to be an employee or Key Non-Employee of the Company or any of its Affiliates by reason of his or her death, the Option may be exercised by the Optionee’s estate or personal
representative to the extent it was a Vested Option on the date of the Optionee’s death until the earlier of (12) months after such date and the Expiration Date, following which the Option shall, if not exercised, terminate.

  

	 	(e)	Retirement. If the Optionee ceases to be an employee or Key Non-Employee of the Company or any of its Affiliates by reason of his or her retirement at anytime on or after attaining age sixty-five (65), the Option
may be exercised by the Optionee to the extent it was a Vested Option on the date of the Optionee’s retirement until the earlier of twelve (12) months after such date and the Expiration Date, following which the Option shall, if not
exercised, terminate. 

  

	 	(f)	Other. If the Optionee ceases to be an employee or Key Non-Employee of the Company or any of its Affiliates for any reason other than death, Disability, retirement on or after age sixty-five (65), or termination
for cause (as determined pursuant to the Plan), the Option may be exercised by the Optionee to the extent it was a Vested Option on the date of termination until the earlier of the date that is ninety (90) days after the date of such
termination and the Expiration Date, following which the Option shall, if not exercised, terminate. 

  

	(5)	ISSUANCE OF STOCK 

 The Option may be exercised in whole or in part (to the extent that
it is exercisable in accordance with the terms hereof) by giving written notice (or any other approved form of notice) to the Company. Such written notice shall be signed by the person exercising the Option, shall state the number of Option Shares
with respect to which the Option is being exercised, shall contain the warranty, if any, required under the Plan and shall otherwise comply with the terms and conditions of this Agreement and the Plan. The Optionee shall pay to the Company in cash
or by check amounts necessary to satisfy any applicable federal, state and local tax withholding requirements. No Option Shares shall be issued until full payment for the Option Shares has been made, including all amounts owed for tax withholding.
Upon compliance with the terms and conditions of this Agreement and the Plan, the Company shall accept payment for the Option Shares and the amount necessary to satisfy applicable federal, state and local tax withholding and shall deliver to the
Optionee as soon as practicable thereafter an appropriate certificate or certificates for Option Shares as to which the Option was exercised. 

The Exercise Price of any Option Shares shall be payable at the time of exercise as determined by the Optionee either: 

 

	 	(a)	in cash, by certified check or bank check, or by wire transfer; 

  

	 	(b)	in whole shares of Class B-1 Common Stock, provided, however, that (i) if such shares were acquired pursuant to an incentive stock option plan (as defined in Code Section 422) of the Company or Affiliate, then
the applicable holding period requirements of said Section 422 have been met with respect to such shares, (ii) if the Optionee is subject to the reporting requirements of Section 16 of the Securities Exchange Act of 1934, as amended
from time to time, and if such shares were granted pursuant to an option, then such option must have been granted at least six (6) months prior to the exercise of the Option hereunder, and (iii) the transfer of such shares as payment
hereunder does not result in any adverse accounting consequences to the Company; 

  

	 	(c)	through the delivery of cash or the extension of credit by a broker-dealer to whom the Optionee has submitted notice of exercise or otherwise indicated an intent to exercise an Option (a so-called “cashless”
exercise); or 

  

	 	(d)	in any combination of (a), (b) or (c) above. 

 The Fair Market Value of the stock to
be applied toward the Exercise Price of the Option Shares shall be determined in good faith by the Committee in its sole discretion as of the date of exercise of the Option. Any certificate for shares of outstanding stock of the Company used to pay
the purchase price shall be accompanied by a stock power duly endorsed in blank by the registered holder of the certificate, with signature guaranteed in the event the certificate shall also be accompanied by instructions from the Optionee to the
Company’s transfer agent with respect to disposition of the balance of the shares covered thereby. 
 The holder of this Option may
elect (in the notice of exercise) to exercise this Option without payment of the Exercise Price (a so-called “net” or “cashless” exercise) and receive upon such exercise a number of Option Shares determined as follows: 

 

											
		 	IS = ES ×	 	(	 	1 –	 	  EP  	 	)
	 	 	 	 	FMV	 

 Where: 

IS = the number of Option Shares to be issued upon such exercise (rounded down to a number of whole shares) 

ES = the number of Option Shares for which this Option is exercised 

EP = the Exercise Price per Share 

FMV = the Fair Market Value of one Option Share, as determined in good faith by the Committee in its sole discretion as of the date of exercise
of the Option 
 The Company shall pay all original issue taxes imposed on the Company with respect to the issuance of Option Shares pursuant
hereto and all other fees and expenses necessarily incurred by the Company in connection therewith. The holder of this Option shall have the rights of a shareholder only with respect to those Option Shares covered by the Option which have been
registered in the holder’s name in the share register of the Company upon the due exercise of the Option. 
  

	(6)	RESTRICTIONS ON TRANSFER FOLLWING INITIAL PUBLIC OFFERING 

 If the Company effects an IPO
(as defined in the Registration Rights Agreement), then during the two-year period following the IPO, no Optionee may sell or otherwise transfer for value Shares issued upon exercise of any options granted under the Plan (or Shares issued upon
conversion of Shares issued upon exercise of options granted under the Plan) in an 

  

 
amount that exceeds on a cumulative basis, from and including the IPO (x) the greater of one-third or the Onex Percentage of the Optionee’s Total Option Shares, for sales or other
transfers for value made during the first such year and (y) the greater of two-thirds or the Onex Percentage of the Optionee’s Total Option Shares, for sales or other transfers for value made during the second of such years. As used in the
preceding sentence, “Onex Percentage” means the percentage of the total number of shares of Common Stock held by Onex Partners III LP and its affiliates at the time of the IPO (including shares of Common Stock issuable upon conversion of
shares of Preferred Stock so held at the time of the IPO) sold by Onex Partners III LP and its affiliates from and including the time of the IPO through the date on which the determination is being made and “Total Option Shares” means the
sum of the number of Shares of Common Stock issued to the Optionee upon the exercise of options granted under the Plan (on an as-converted basis) and the total number of Shares of Common Stock issuable under options granted to the Optionee under the
Plan (on an as-converted basis), in each case determined as of the date of the IPO. Nothing in the second preceding sentence shall (i) apply to a sale or other transfer for value made as a result of the exercise by Onex Partners III LP of its
rights under Section 1 of the Shareholders Agreement or (ii) authorize the Optionee to make any sale or other transfer for value that would be prohibited by the Shareholders Agreement, the 2011 Shareholders Agreement or any other agreement
to which such Optionee is a party. 
  

	(7)	NON-ASSIGNABILITY 

 This Option shall not be transferable by the Optionee and shall be
exercisable only by the Optionee, except as the Plan or this Agreement may otherwise provide. 
  

	(8)	EXPIRATION 

 Unless otherwise earlier terminated as provided herein, the Option will
expire and terminate as to all Option Shares on (Expiration Date, 2025) (the “Expiration Date”). 
  

	(9)	NOTICES 

 All notices, consents and other communications required or permitted to be
given under or by reason of this Agreement shall be in writing, shall be delivered personally or by e-mail or telecopy as described below or by reputable overnight courier, and shall be deemed given on the date on which such delivery is made. If
delivered by e-mail or telecopy, such notices or communications shall be confirmed by a registered or certified letter (return receipt requested), postage prepaid. Any such delivery shall be addressed to the intended recipient at the following
addresses (or at such other address for a party as shall be specified by such party by like notice to the other parties): 
  

			
	To the Company:	  	c/o JELD-WEN Holding, inc.
		  	3250 Lakeport Blvd.
		  	Klamath Falls, Oregon 97601-0268
		  	Attention: Vice President Employee & Shareholder Relations
		  	Fax No.: 541-851-4639

  

			
	with copies to:	  	Kaye Scholer LLP
		  	425 Park Avenue
		  	New York, New York 10022
		  	Attention: Joel I. Greenberg
		  	Fax No.: (212) 836-8211
		
	To the Optionee:	  	First & Last Name
		  	Office Street Address
		  	Office City, State, Zip Country

  

	(10)	GOVERNING LAW 

 This Agreement shall be construed and enforced in accordance with the
laws of the State of Oregon. 
  

	(11)	BINDING EFFECT 

 This Agreement shall (subject to the provisions of Section 6
hereof) be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto. 
  

	(12)	ACKNOWLEDGMENT 

 The Optionee acknowledges that (a) the Company is granting this
Option instead of granting stock appreciation rights settled in stock (“SOSARs”) as was or may have been previously communicated to the Optionee and (b) the Optionee accepts the grant of the Option on the condition that no SOSARs will
be granted to the Optionee. 
 IN WITNESS WHEREOF, the Company and the Optionee have caused this Agreement to be executed on their
behalf, by their duly authorized representatives, all on the day and year first above written. 
  

			
	JELD-WEN Holding, inc.
		
	By:	 	  

	Its:	 	  

	
	OPTIONEE:
	
	  

	First and Last Name

  
 [Signature page to
Class B-1 Common Stock Option Agreement]EX-10.9

 Exhibit 10.9 

Common Stock 
 RESTRICTED
STOCK UNIT 
 AWARD AGREEMENT 

Pursuant to Article VI of the Amended and Restated Stock Incentive Plan (the “Plan”) of JELD-WEN Holding, inc. (the
“Company”), on October 21, 2014 (the “Grant Date”) the Company authorized a grant to                      (the
“Recipient”) of an award of restricted stock units with respect to the Company’s Common Stock (“Common Stock”), subject to the terms and conditions of this agreement between the Company and the Recipient (this
“Agreement”). By accepting this award, the Recipient agrees to all of the terms and conditions of this Agreement. The Company and the Recipient understand and agree that any capitalized terms used herein, if not otherwise defined, shall
have the same meanings as in the Plan (the Recipient being referred to in the Plan as a Participant). 
 1. Award and Terms of Restricted
Stock Units. The Company awards to the Recipient under the Plan 1,000 restricted stock units (the “Award”), subject to the restrictions, conditions and limitations set forth in this Agreement and in the Plan, which is incorporated
herein by reference. The Recipient acknowledges receipt of a copy of the Plan and acknowledges that the definitive records pertaining to the grant of this Award, and exercises of rights hereunder, shall be retained by the Company. 

(a) Rights under Restricted Stock Units. A restricted stock unit (“RSU”) obligates the Company, upon vesting and in
accordance with this Agreement, to issue to the Recipient one share of Common Stock for each RSU. 
 (b) Vesting Dates. The RSUs
awarded under this Agreement shall initially be 100% unvested and subject to forfeiture. Subject to Sections 1(c) and 2, the RSUs shall vest and be released from the forfeiture provisions on May 1, 2017 (the “Vesting Date”): 

(c) Forfeiture of RSUs on Termination of Employment. If the Recipient ceases to be an employee of the Company or an Affiliate for any
reason all outstanding but unvested RSUs awarded pursuant to this Agreement shall be immediately and automatically forfeited to the Company, and the Recipient shall have no right to receive the related Common Stock. 

(d) Restrictions on Transfer. The Recipient may not sell, transfer, assign, pledge or otherwise encumber or dispose of the RSUs. 

(e) No Shareholder Rights. The Recipient shall have no rights as a shareholder with respect to the RSUs or the Common Stock underlying
the RSUs until the underlying Common Stock is issued to the Recipient. 
 (f) Agreements. The Recipient shall not be entitled to
receive Shares of Common Stock under the RSUs and no Shares of Common Stock shall be issued pursuant to the RSUs unless the Recipient becomes a signatory to the Company’s Shareholders Agreement, the 2011 Shareholders Agreement and the
Registration Rights Agreement by executing joinder agreements thereto whereby the Recipient shall be deemed to have adopted and to have agreed to be bound by all of the provisions of such agreements. 

 (g) Delivery Date for the Shares Underlying the Vested RSU. As soon as practicable, but in
no event later than 30 days following a date on which any RSUs vest, the Company will issue to the Recipient the Common Stock underlying the then-vested RSUs, subject to Section 1(h). The shares of Common Stock will be issued in the
Recipient’s name or, in the event of the Recipient’s death after the date of vesting but before the date of delivery, in the name of either (i) the beneficiary designated by the Recipient on a form supplied by the Company or
(ii) if the Recipient has not designated a beneficiary, the person or persons establishing rights of ownership by will or under the laws of descent and distribution. 

(h) Taxes and Tax Withholding. The Recipient acknowledges and agrees that no election under Section 83(b) of the Internal Revenue
Code of 1986, as amended, can or will be made with respect to the RSUs. The Recipient acknowledges that on each date that shares underlying the RSUs are issued to the Recipient (the “Payment Date”), the Fair Market Value on that date of
the shares so issued will be treated as ordinary compensation income for federal and state income and FICA tax purposes, and that the Company will be required to withhold taxes on these income amounts. To satisfy the required minimum withholding
amount, the Company shall withhold from the shares otherwise issuable the number of shares having a Fair Market Value equal to the minimum withholding amount. Alternatively, the Company may, at its option, permit the Recipient to pay such
withholding amount in cash under procedures established by the Company. 
 (i) Not a Contract of Employment. Nothing in the Plan or
this Agreement shall confer upon Recipient any right to be continued in the employment of the Company or any Affiliate, or to interfere in any way with the right of the Company or any parent or subsidiary by whom Recipient is employed to terminate
Recipient’s employment at any time or for any reason, with or without cause, or to decrease Recipient’s compensation or benefits. 

2. Prohibited Conduct; Restatements. 

(a) Consequences of Prohibited Conduct. If the Company determines that the Recipient has engaged in any Prohibited Conduct (as defined
in Section 2(b)), then: 
 (i) The Recipient shall immediately forfeit all outstanding RSUs awarded pursuant to this Agreement and
shall have no right to receive the underlying shares; and 
 (ii) If the Payment Date for any RSUs has occurred, and the Company’s
determination as Prohibited Conduct occurs on or before the first anniversary of the Vesting Date for those RSUs, the Recipient shall repay and transfer to the Company (A) the number of shares of Common Stock issued to the Recipient under this
Agreement on that Payment Date (the “Forfeited Shares”), plus (B) the amount of cash equal to the withholding taxes paid by withholding shares from the Recipient on that Payment Date. If any Forfeited Shares have been sold by the
Recipient prior to the Company’s demand for repayment, the Recipient shall repay to the Company (A) 100% of the proceeds of such sale or sales, plus (B) the amount of cash equal to the withholding taxes paid by withholding shares from
the Recipient on that Payment Date. The Company may, in its sole discretion, reduce the amount to be repaid by the Recipient to take into account the tax consequences of such repayment for the Recipient. 

  
 2 

 (b) Prohibited Conduct. Each of the following constitutes “Prohibited Conduct”:

 (i) During the Recipient’s employment with the Company or at any time after the Recipient’s employment with the Company
terminates for any reason, the Recipient, in violation of any Company policies or agreements with the Company, discloses or misuses any of the Company’s trade secrets or other confidential information regarding the Company, including without
limitation, matters relating to cost data, formulas, patterns, compilations, programs, devices, methods, techniques, processes, manufacturing processes, business strategy and plans, customer information, pricing information, supplier information,
the Company’s policies and procedures and other financial data of the Company. 
 (ii) During the Recipient’s employment with the
Company or at any time during the period of two years following termination for any reason of the Recipient’s employment with the Company, the Recipient: 

(A) directly or indirectly competes with the Company, accepts employment with any entity that directly or indirectly competes with the
Company or otherwise approaches, solicits or accepts business from any customer, supplier or vendor of the Company in direct or indirect competition with the Company; 

(B) approaches, counsels or attempts to induce any person who is then in the employ of the Company to leave his or her employ; or employs or
attempts to employ any such person or any person who at any time during the preceding twelve (12) months was in the employ of the Company; or 

(C) aids, assists or counsels any other person, firm or corporation to do any of the above. 

(iii) During the Recipient’s employment with the Company or at any time during the period of two years following termination for any
reason of the Recipient’s employment with the Company, the Recipient (A) engages in any conduct related to the Recipient’s employment by the Company for which either criminal or civil penalties against the Recipient may be sought or
(B) engages in any act of embezzlement, fraud or dishonesty involving the Company. 
 (c) Restatement of Financial
Statements. In addition to the other provisions in this Section 2, this Agreement, the RSUs and any shares issued under the RSUs shall be subject to any policies of the Company in effect on the Grant Date or adopted by the Company at
any time thereafter that provide for forfeiture of the RSUs and recoupment of any shares issued under the RSUs or of any gain received by the Recipient in connection with the sale of shares received under the RSUs in the event of any restatement of
the Company’s financial statements. 
 (d) Determinations. The Committee shall, in its sole discretion, make all determinations
regarding this Section 2, including whether any Prohibited Conduct has occurred, and the determinations by the Committee shall be final and binding on all parties. 

(e) Company and its Affiliates. All references in this Section 2 to the Company shall include the Company or any of its
Affiliates. 

  
 3 

 3. Purchase for Investment. The Recipient warrants to the Company that (a) the
Recipient understands that the shares of Common Stock underlying the RSUs have not been registered under the Securities Act of 1933 or certain state securities laws in reliance on exemptions thereunder and (b) the Recipient is acquiring such
shares for investment and not with a view to, or for sale in connection with, the distribution of any such shares. The Recipient agrees to be bound by the provisions of the following legends (or similar legends) which shall be endorsed upon the
certificate(s) evidencing such shares, in addition to any other legends applicable to such shares pursuant to this Agreement, the Plan or otherwise: 

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 AND MAY NOT BE SOLD (WITHIN THE
MEANING OF SUCH ACT) IN THE ABSENCE OF REGISTRATION UNDER SUCH ACT OR AN EXEMPTION THEREFROM. THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE ALSO SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER AND CERTAIN RESTRICTIONS ON THE VOTING OF SUCH
SECURITIES CONTAINED IN THE SHAREHOLDERS AGREEMENT AND THE 2011 SHAREHOLDERS AGREEMENT, EACH DATED AS OF OCTOBER 3, 2011, INCLUDING AMENDMENTS THERETO, AMONG THE ISSUER OF SUCH SECURITIES (THE “COMPANY”) AND CERTAIN OF THE COMPANY’S
STOCKHOLDERS. COPIES OF SUCH SHAREHOLDERS AGREEMENTS WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST. 

THE COMPANY WILL FURNISH WITHOUT CHARGE TO EACH STOCKHOLDER WHO SO REQUESTS THE POWERS, DESIGNATIONS, PREFERENCES AND RELATIVE, PARTICIPATING,
OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OR SERIES THEREOF AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND/OR RIGHTS.” 

Without limiting the generality of the foregoing, the Recipient acknowledges that the Company may delay issuance of shares until completion of
any action or obtaining any consent that the Company deems necessary under any applicable law (including without limitation state securities or “blue sky” laws). 

4. Restrictions on Transfer following Initial Public Offering. If the Company effects an IPO (as defined in the Registration Rights
Agreement), then during the two-year period following the IPO, no Recipient may sell or otherwise transfer for value Shares issued under the Plan (or Shares issued upon conversion of Shares issued under the Plan) in an amount that exceeds on a
cumulative basis, from and including the IPO, (x) the greater of one-third or the Onex Percentage of such Recipient’s Total Plan Shares, for sales or other transfers for value made during the first such year, and (y) the greater of
two-thirds or the Onex Percentage of such Participant’s Total Plan Shares, for sales or other transfers for value made during the second of 

  
 4 

 
such years. As used in the preceding sentence, “Onex Percentage” means the percentage of the total number of shares of Common Stock held by Onex Partners III LP and its affiliates at
the time of the IPO (including shares of Common Stock issuable upon conversion of shares of Preferred Stock so held at the time of the IPO) sold by Onex Partners III LP and its affiliates from and including the time of the IPO through the date on
which the determination is being made, and “Total Plan Shares” means the sum of the number of Shares of Common Stock issued to the Recipient under the Plan (on an as-converted basis) and the total number of Shares of Common Stock issuable
under Awards granted to the Recipient under the Plan (on an as-converted basis), in each case determined as of the date of the IPO. Nothing in the second preceding sentence shall (i) apply to a sale or other transfer for value made as a result
of the exercise by Onex Partners III LP of its rights under Section 1 of the Shareholders Agreement or (ii) authorize the Recipient to make any sale or other transfer for value that would be prohibited by the Shareholders Agreement or any
other agreement to which such Recipient is a party. 
 5. Notices. All notices, consents and other communications required or
permitted to be given under or by reason of this Agreement shall be in writing, shall be delivered personally or by e-mail or as described below or by reputable overnight courier, and shall be deemed given on the date on which such delivery is made.
If delivered by e-mail or fax, such notices or communications shall be confirmed by a registered or certified letter (return receipt requested), postage prepaid. Any such delivery shall be addressed to the intended recipient at the following
addresses (or at such other address for a party as shall be specified by such party by like notice to the other parties): 
  

			
	To the Company:	  	c/o JELD-WEN Holding, inc.
		  	440 South Church Street, Suite 400
		  	Charlotte, NC 28202
		  	Attention: Vice President - Compensation & Benefits
		  	Fax No.: (541) 851-4639
		  	Email: lisab@jeld-wen.com
		
	with copies to:	  	Kaye Scholer LLP
		  	250 West 55th Street
		  	New York, New York 10019
		  	Attention: Joel I. Greenberg
		  	Fax No.: (212) 836-8211
		  	Email: Joel.Greenberg@Kayescholer.com
		
	To the Recipient:	  	  

		  	  

		  	  

		  	  

		  	  

  
 5 

 6. Binding Effect. This Agreement shall (subject to the provisions of Section 1(d)
hereof) be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto. 
 7.
Severability. Each provision of this Agreement will be treated as a separate and independent clause and unenforceability of any one clause will in no way impact the enforceability of any other clause. Should any of the provisions of this
Agreement be found to be unreasonable or invalid by a court of competent jurisdiction, such provision will be enforceable to the maximum extent enforceable buy the law of that jurisdiction. 

IN WITNESS WHEREOF, the Company and the Recipient have caused this Agreement to be executed on their behalf, by their duly authorized
representatives, all on the day and year first above written. 
  

			
	JELD-WEN Holding, inc.
		
	By:	 	  

	Its:	 	  

	
	RECIPIENT:
	
	  

  
 6

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