Exhibit 10.60
AMENDMENT TO SUPPLY AGREEMENT
October 5, 1998
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
President
▇▇▇▇▇▇ Products, Ltd.
▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇▇▇:
I want to thank you for your help in settling the audit and accounts receivable
issues yesterday. I know you are traveling so I thought I would try to draft the
follow-up letter that we have been discussing during the past month. If you
agree with the content of this letter, please sign where indicated below and
return a copy to my attention.
The following should clarify and/or outline both JELD-WEN and ▇▇▇▇▇▇'▇
positions with respect to the related ▇▇▇▇▇▇/JELD-WEN outstanding issues:
1. ▇▇▇▇▇▇ Products, Ltd. has not, from February 2, 1998 to the date of
this letter initiated any notice of default or breach under the Supply
Agreement dated February 2, 1998.
2. JELD-WEN has agreed to defer the obligation of ▇▇▇▇▇▇ to purchase flush,
molded and steel doors from JELD-WEN under the Supply Agreement for a period
of one year (until January 1, 2000). The parties agree that in late 1999 they
will meet to discuss the January 1, 2000 flush, molded and steel door program
as well as any obstacles or ramifications of making such conversions in 2000.
3. ▇▇▇▇▇▇ acknowledges that it will continue to work with JELD-WEN under the
current 1998 stile and rail door program that is in place between ▇▇▇▇▇▇ and
JELD-WEN and that ▇▇▇▇▇▇ will not attempt to negotiate lower prices with
JELD-WEN or shop parts of its 1998 stile and rail door requirements for the
rest of 1998.
4. ▇▇▇▇▇▇ and JELD-WEN will work together to develop a mutually agreeable stile
and rail door program for 1999. The goal for completing the 1999 stile and
rail door program should be November 15, 1998.
This letter constitutes an amendment to the Supply Agreement and any reference
after the date of this letter to the Supply Agreement shall be a reference to
the Supply Agreement as amended hereby.
Also, we have a number of other acquisition related items that need to be worked
on and/or completed. I would recommend that ▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇▇ work
together to finalize these issues.
If you have any questions or additional thoughts on these matters, please let me
know. Thank you for your help.
Very truly yours,
JELD-WEN, Inc.
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
Senior Vice President
Agreed and Approved
▇▇▇▇▇▇ Products, Ltd.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
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▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
President
