SECOND SUPPLEMENTAL INDENTURE
SECOND
SUPPLEMENTAL INDENTURE, dated as of February ___, 2006, among Ply Gem
Industries, Inc. (the “Company”), AWC Holding Company (“AWC”), Alenco Holding
Corporation (“Alenco”), Alenco Extrusion Management, L.L.C. (“AEM”), New Alenco
Extrusion, Ltd. (“NAE”), Alenco Extrusion GA, L.L.C. (“AEGA”), Aluminum Scrap
Recycle, L.L.C. (“ASR”), Alenco Building Products Management, L.L.C. (“ABP”),
New Alenco Window, Ltd. (“NAW”), Alenco Window GA, L.L.C. (“AWGA”), Alenco
Trans, Inc. (“AT”), Glazing Industries Management, L.L.C. (“GIM”), New Glazing
Industries, Ltd. (“NGI”), Alenco Interests, L.L.C. (“AI”), and AWC Arizona, Inc.
(“AWCA,” and together with AWC, Alenco, AEM, NAE, AEGA, ASR, ABP, NAW, AWGA, AT,
GIM, NGI and AI, the “Alenco Guarantors”), and U.S. Bank National Association,
as trustee (the “Trustee”).
WHEREAS,
the Company, Ply Gem Holdings, Inc., Great Lakes Window, Inc., Kroy Building
Products, Inc., Napco, Inc., Napco Window Systems, Inc., Thermal-Gard, Inc.,
Variform, Inc., and the Trustee entered into an indenture dated as of February
12, 2004 to provide for the issuance of the Company’s 9% Senior Subordinated
Notes due 2012;
WHEREAS,
the Company, MWM Holding, Inc. (“MWM Holding”), MW Manufacturers Corp. (“MW
Manufacturers”), MW Manufacturers, Inc. (“MW”), Patriot Manufacturing, Inc.
(“Patriot”), Lineal Technologies, Inc. (“Lineal”), and the Trustee entered into
the First Supplemental Indenture, dated as of August 27, 2004, to provide for
the addition of MWM Holding, MW Manufacturers, MW, Patriot and Lineal as
Guarantors under the indenture dated as of February 12, 2004 (as so
supplemented, the “Indenture”);
WHEREAS,
on the date hereof, the Company has acquired all of the issued and outstanding
stock of AWC and has become the direct or indirect owner of all the issued
and
outstanding stock of the Alenco Guarantors;
WHEREAS,
pursuant to Section 4.16 of the Indenture, the Alenco Guarantors, as new
Restricted Subsidiaries, are required to enter into this Supplemental Indenture
(the “Supplemental Indenture”) as Guarantors;
WHEREAS,
the Company, the Alenco Guarantors and the Trustee are authorized to enter
into
this Supplemental Indenture;
NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants
contained in this Supplemental Indenture and for other good and valuable
consideration, the receipt and sufficiency of which are herein acknowledged,
the
Company, the Alenco Guarantors and the Trustee hereby agree for the equal and
the ratable benefit of all Holders of the Notes as follows:
ARTICLE
I
DEFINITIONS
1.1 Definitions.
For
purposes of this Supplemental Indenture, the terms defined in the recitals
shall
have the meanings therein specified; any terms defined in the Indenture and
not
defined herein shall have the same meanings herein as therein defined; and
references to Articles or Sections shall, unless the context indicates
otherwise, be references to Articles or Sections of the Indenture.
ARTICLE
II
GUARANTEES
OF NOTES AND OTHER PROVISIONS
2.1 Guarantees.
(a) Each
Alenco Guarantor hereby, jointly and severally with the other Guarantors,
unconditionally and irrevocably guarantees to each Holder of a Note
authenticated and delivered by the Trustee and to the Trustee and its successors
and assigns, irrespective of the validity and enforceability of the Indenture,
the Notes or the obligations of the Issuers or any other Guarantors to the
Holders or the Trustee hereunder or thereunder: (a) (x) the due and
punctual payment of the principal of, premium, if any, and interest on the
Notes
when and as the same shall become due and payable, whether at maturity, upon
redemption or repurchase, by acceleration or otherwise, (y) the due and
punctual payment of interest on the overdue principal and (to the extent
permitted by law) interest, if any, on the Notes and (z) the due and
punctual payment and performance of all other obligations of the Issuer and
all
other obligations of the other Guarantors (including under the Note Guarantees),
in each case, to the Holders or the Trustee hereunder or thereunder (including
amounts due the Trustee under Section 7.07 of the Indenture), all in
accordance with the terms hereof and thereof (collectively, the “Guarantee
Obligations”); and (b) in case of any extension of time of payment or
renewal of any Notes or any of such other obligations, the due and punctual
payment and performance of Guarantee Obligations in accordance with the terms
of
the extension or renewal, whether at maturity, upon redemption or repurchase,
by
acceleration or otherwise. Failing payment when due of any amount so guaranteed,
or failing performance of any other obligation of the Issuers to the Holders
under the Indenture or under the Notes, for whatever reason, each Alenco
Guarantor shall be obligated to pay, or to perform or cause the performance
of,
the same immediately. A Default under the Indenture or the Notes shall
constitute an event of default under the Note Guarantees, and shall entitle
the
Holders of Notes to accelerate the obligations of each Alenco Guarantor
thereunder in the same manner and to the same extent as the obligations of
the
Issuers.
(b) Each
Alenco Guarantor, the Trustee and each Holder by its acceptance of a Note hereby
agrees that the Note Guarantee of each Alenco Guarantor provided hereunder
shall
be subject to all terms, provisions and conditions in the Indenture that relate
to a Note Guarantee (including, without limitation, Article 11 of the
Indenture). Each Alenco Guarantor further agrees to be bound by, and to comply
with, all provisions of the Indenture and Note Guarantee that are applicable
to
a Guarantor that is a Restricted Subsidiary.
2.2 Execution
and Delivery of Note Guarantees.
The
delivery of any Note by the Trustee, after the authentication thereof under
the
Indenture, shall constitute due delivery of the Note Guarantees on behalf of
each Alenco Guarantor.
2.3 No
Personal Liability.
No
stockholder, officer, director, employee or incorporator, past, present or
future, of any Alenco Guarantor, as such, shall have any personal liability
under the Note Guarantees of such Alenco Guarantor by reason of his, her or
its
status as such stockholder, officer, director, employee or
incorporator.
ARTICLE
III
MISCELLANEOUS
3.1 Effect
of the Supplemental Indenture.
This
Supplemental Indenture supplements the Indenture and shall be a part and subject
to all the terms thereof. Except as supplemented hereby, the Indenture and
the
Notes issued thereunder shall continue in full force and effect.
3.2 Counterparts.
This
Supplemental Indenture may be executed in counterparts, each of which shall
be
deemed an original, but all of which shall together constitute one and the
same
instrument.
3.3 GOVERNING
LAW.
THIS
SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK.
IN
WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture
to
be duly executed on this ____ day of February, 2006.
PLY GEM INDUSTRIES, INC. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title:
Vice President, and Chief Financial Officer,
Treasurer and Secretary
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AWC HOLDING COMPANY | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and Secretary |
ALENCO HOLDING CORPORATION | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and Secretary |
ALENCO EXTRUSION MANAGEMENT, L.L.C. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and Secretary |
NEW ALENCO EXTRUSION, LTD.
By: Alenco
Extrusion Management, L.L.C., its General
Partner
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By: | /s/ | |
Name: Xxxxx
X. Xxx
Title: Vice President, Treasurer and
Secretary
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ALENCO EXTRUSION GA, L.L.C. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and Secretary |
ALUMINUM SCRAP RECYCLE, L.L.C. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title:
Vi Title: Vice President, Treasurer and Secretary
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ALENCO BUILDING PRODUCTS MANAGEMENT, L.L.C. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and Secretary |
NEW
ALENCO WINDOW LTD.
By: Alenco Building
Products Management, L.L.C., its General
Partner
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By: | /s/ | |
Name: Xxxxx
X. Xxx
Title: Vice President, Treasurer and
Secretary
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ALENCO WINDOW GA, L.L.C. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and
Secretary
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ALENCO TRANS,
INC.
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By: | /s/ | |
Name: Xxxxx
X. Xxx
Title: Vice President, Treasurer and
Secretary
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GLAZING INDUSTRIES MANAGEMENT, L.L.C. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and Secretary |
NEW GLAZING INDUSTRIES, LTD.
By: Glazing
Industries Management, L.L.C., its General
Partner
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title:
Vice President, Treasurer
and Secretary
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ALENCO INTERESTS, L.L.C. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and Secretary |
AWC ARIZONA, INC. | ||
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title: Vice President, Treasurer and Secretary |
U.S.
BANK NATIONAL ASSOCIATION,as Trustee
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By: | /s/ | |
Name: Xxxxx X. Xxx |
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Title:
Vice President, Treasurer
and Secretary
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