THIS EMPLOYMENT AGREEMENT (the “ Agreement ”), dated as of May 7, 2007, between
LIBBEY INC., a Delaware corporation (the “ Company ”), and Jonathan S. Freeman (the “
WHEREAS, the Company desires to employ the Executive, and the Executive desires to be
employed by the Company, to serve as an officer of the Company upon the terms and conditions
set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties agree as follows:
1. Term of Agreement. The term of this Agreement shall commence on the date of this
Agreement (the “ Effective Date ”) and shall continue through December 31, 2007, provided
however, that commencing on January 1, 2008 and each January 1 thereafter, the term of this
Agreement shall automatically be extended for one additional year unless not later than
September 30 of the year preceding such extension of the term, the Company shall have given
written notice to the Executive that it does not wish to extend this Agreement beyond the expiration
of the then current term. Employment hereunder by the Company or its affiliates shall continue
indefinitely during the term of this Agreement until terminated as provided in Section 4. Not
withstanding the foregoing, the term of this Agreement shall automatically end on the last day of the
month in which the Executive reaches age 65.
2. Position and Duties.
(a) Position. The Executive hereby agrees to serve as an officer of the Company and shall
perform all duties assigned by the Company commensurate with such position and shall devote the
Executive’s best efforts to the performance of services to the Company in accordance with the
terms hereof and as may reasonably be requested by the Company. For purposes of this
Agreement “ Officer” of the Company shall mean an executive elected by the Board of Directors of
the Company (the “ Board ”) as an o