Collin,
The air gap table is for a horizontal air gap. The panel is vertical in the LBLWindow screen clipping.
The panels have an emissivity of 0.2, so possibly anodized finish. This would be an effective emissivity of 0.11. Reading from the air gap table for 90mm vertical air gap (Close enough to 100mm) with horizontal heat flow, mean air temp 10C, and temp diff. 16.7C the resistance of the air gap is R=0.33m^2K/W. Adjusting for the gap width the conductivity of the air gap is [1 / R] * 0.09m = 0.272 W/mK conductivity.
The effective conductivity of the air gap in Window is Gap 1 Keff and reads 0.288 W/mK so would say the calculation in Window is reasonable. There's some small nuances with the ashrae table you can interpolate the air gap mean temperature which would show the numbers converge.
There's a good point about NFRC applicability. A lot of the frame boundary conditions are based on window frames so now applicable. Unless this panel is part of a curtain wall or fenestration system NFRC might nor be applicable. You can use ASHRAE boundary conditions, I think these are in the base installation of THERM. If you click the "load lib" button in the BC window the BC-Arch.lib will have ASHRAE 90.1 boundary conditions to use and import into LBLWindow via manual input and creation of new BC's.
For all practical purposes a hermetic seal is not needed for the air gap values to be applicable.
I would be mindful that the air gap material property in THERM is not the same as an air gap in WINDOW. Therm is a cavity that is generally enclosed all sides at its perimeter as a simple explanation. The layer gap in Window is planar and can be assumed to have adiabatic perimeter or a large planar cavity like a metal panel or IGU. The equations for THERM frame cavity and WINDOW air gap are different so are not necessarily interchangeable.
Yalin