Ply Gem Industries, Inc. and Lynn Morstad Retention Agreement Renewal Letter (2011)

Contract Categories: Human Resources › Retention Agreements
Summary

Ply Gem Industries, Inc. is notifying Lynn Morstad that it is renewing her Amended and Restated Retention Agreement for one year, extending its terms through December 31, 2012. All rights and obligations from the original agreement remain in effect during this renewal period. Lynn Morstad is asked to sign and return the letter to confirm her agreement to the renewal.

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EX-10.17 7 exhibit10-17.htm MORSTAD RETENTION AGREEMENT RENEWAL LETTER exhibit10-17.htm

Exhibit 10.17


 
December 13, 2011
 
Lynn Morstad
5973 Sugar Loaf Mtn. Road
Roanoke, VA 24018

 
Re:           Renewal of Amended and Restated Retention Agreement
 
Dear Lynn:
 
This letter is to serve as your notification that Ply Gem Industries, Inc. has elected to execute its Renewal Term right under your current Amended and Restated Retention Agreement dated December 31, 2008 for a period of one year.  As such, all applicable rights and terms as outlined in your Amended and Restated Retention Agreement will remain in effect through December 31, 2012.
 
Please sign this letter in the space provided below as your acknowledgement and agreement of this Renewal Term agreement and return this original to me, and retain a copy for your own records.
 
 
Sincerely,
   
 
PLY GEM INDUSTRIES, INC.
   
 
By:     /s/ Gary E. Robinette                            
 
Name:  Gary E. Robinette
 
Title:    President and Chief Executive Officer
   
   
Acknowledged and Agreed:
  
   
/s/ Lynn Morstad                
 
Lynn Morstad