QUANEX BUILDING PRODUCTS CORPORATION OTHER STOCK-BASED AWARD AGREEMENT <<Full Name>> Grantee
Exhibit 10.22
OTHER STOCK-BASED AWARD AGREEMENT
<<Full Name>>
Grantee
Grantee
Date of Award:
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Number of Shares:
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AWARD OF STOCK
The Compensation Committee (the “Committee”) of the Board of Directors of Quanex Building Products
Corporation, a Delaware corporation (the “Company”), pursuant to the Quanex Building Products
Corporation 2008 Omnibus Incentive Plan (the “Plan”), hereby awards to you, the above-named
Grantee, effective as of the Date of Award set forth above, that number of shares (the “Shares”) of
the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), set forth above.
Capitalized terms that are not defined herein shall have the meaning ascribed to such terms in the
Plan.
The Shares that are awarded hereby to you are not subject to any forfeiture restrictions.
To the extent that the receipt of the Shares of Restricted Stock results in income, wages or other
compensation to you for any income, employment or other tax purposes with respect to which the
Company has a withholding obligation, you shall deliver to the Company at the time of such receipt
or lapse, as the case may be, such amount of money as the Company may require to meet its
obligation under applicable tax laws or regulations, and, if you fail to do so, the Company is
authorized to withhold from the Shares awarded hereby or from any cash or stock remuneration or
other payment then or thereafter payable to you any tax required to be withheld by reason of such
taxable income, wages or compensation sufficient to satisfy the withholding obligation based on the
last per share sales price of the Common Stock for the trading day immediately preceding the date
that the withholding obligation arises, as reported in the New York Stock Exchange Composite
Transactions.
The Shares awarded hereby may not be sold or otherwise disposed of in any manner that would
constitute a violation of any applicable federal or state securities laws. You also agree that
(a) the Company may refuse to cause the transfer of the Shares to be registered on the stock
register of the Company if such proposed transfer would in the opinion of counsel satisfactory to
the Company constitute a violation of any applicable federal or state securities law and (b) the
Company may give related instructions to the transfer agent, if any, to stop registration of the
transfer of the Shares.
The Company shall cause the Shares to be issued to you, and such Shares shall be transferable by
you (except to the extent that any proposed transfer would, in the opinion of counsel satisfactory
to the Company, constitute a violation of applicable federal or state securities law). The Shares
are registered with the Securities and Exchange Commission under a Registration Statement on Form
S-8.
In accepting the award of Shares set forth in this Agreement you accept and agree to be bound by
all the terms and conditions of the Plan and this Agreement.
| QUANEX BUILDING | ||||
| PRODUCTS CORPORATION | ||||
| Xxxxxxx Xxxx – Chief Executive Officer |
Executive/Employee
