EX-10.16 5 exhibit10-16.htm RENEWAL OF AMENDED AND RESTATED RETENTION AGREEMENT L MORSTAD exhibit10-16.htm


 
 

Exhibit 10.16


 
December 8, 2009
 
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. (“Ply Gem”) 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, 2010.
 
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