EXHIBIT 10.13
AMENDMENT TO
CONSULTING, NONCOMPETITION
and NONSOLICITATION AGREEMENT
This AMENDMENT (this "Amendment") is made and entered into as of July
__, 2001 by and between Atrium Companies, Inc., a Delaware corporation
("Atrium"), and Xxxx Xxxxxxx, Jr. (the "Consultant"). Capitalized terms used
herein and not otherwise defined have the meanings assigned to them in the
Consulting Agreement (defined below).
WITNESSETH:
WHEREAS, Atrium and Consultant are parties to that certain Consulting,
Noncompetition and Nonsolicitation Agreement, dated as of October 25, 2000 (the
"Consulting Agreement"), pursuant to which, among other things, Consultant
agreed to provide to Atrium certain consulting and advisory services during the
Term of such Consulting Agreement; and
WHEREAS, in consideration for further services provided and to be
provided by Consultant to Atrium, the parties hereto desire to amend the
Consulting Agreement in accordance with the terms of this Amendment.
NOW, THEREFORE, in consideration of the foregoing, the mutual promises
herein set forth, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Atrium and the Consultant,
intending to be legally bound, hereby agree as follows:
1. Amendment. Section 5 of the Consulting Agreement is hereby amended
and restated in its entirety to read as follows:
"Compensation of Consultant. In consideration of the Consultant's
agreement to act as consultant and adviser to Atrium with respect
to the matters specified in Section 2 hereof, and the
noncompetition and nonsolicitation agreements set forth in Section
4 hereof, Atrium will make payments to the Consultant in the
aggregate amount of $2,600,100, payable in 18 installments of
$12,500 each on the fifteenth and last days of each month
beginning October 31, 2000 and continuing thereafter to and
including July 15, 2001, and 150 installments of $15,834 each on
the fifteenth and last days of each month beginning July 31, 2001
and continuing thereafter to and including October 15, 2007. In
addition to the payments provided for in this Section 5, the
Consultant shall be entitled to receive such payments to which he
may be entitled from time to time for his services as a member of
Atrium's Board of Directors."
2. Consulting Agreement. Except as amended hereby, the Consulting
Agreement is ratified and confirmed in all respects and all the terms thereof
shall remain in full force and effect. From and after the effectiveness of this
Amendment, any reference to the Consulting Agreement shall mean the Consulting
Agreement as amended by this Amendment.
3. Counterparts. This Amendment may be executed in any number of
counterparts, all of which, taken together, shall constitute the same agreement.
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IN WITNESS WHEREOF, this Agreement has been duly executed as of the day
and year first above written.
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Xxxx Xxxxxxx, Jr., Consultant
ATRIUM COMPANIES, INC.
By:
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Xxxx X. Xxxx, President
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