AMENDMENT TO EMPLOYMENT AGREEMENT
EX-10.1 2 v091436_ex10-1.htm
Exhibit 10.1
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment (“Amendment”) is entered into and effective as of October 25 by and between Robert R. Buck (“Executive”) and Beacon Sales Acquisition, Inc. d/b/a Beacon Sales Company, a Delaware corporation (the “Company”).
RECITALS
A. The Company and Executive are parties to that certain Employment Agreement dated as of October 20, 2003, as amended on July 30, 2004 and February 15, 2006 (the “Employment Agreement”).
B. The parties hereto desire to amend the Employment Agreement, on the terms set forth herein.
AGREEMENTS
The parties hereto agree as follows:
1. Employment Term. The Initial term of the Employment Agreement is hereby extended until November 30, 2008.
2. Compensation. Section 3(b) of the Employment Agreement is hereby amended to insert the following after the first sentence of Section 3(b):
“For the Company’s fiscal year 2008, the Company shall pay to Executive a Bases Salary for all services rendered by Executive under this Agreement of $550,000 per year (Prorated for any partial year).”
3. The parties hereby ratify and confirm, in all respects, the Employment Agreement, as amended by this Amendment.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first written above.
| BEACON SALES ACQUISITION, INC. | |||
| By: | /s/ Ross D. Cooper | ||
| | Ross D. Cooper, Senior Vice President, General Counsel & Secretary | ||
| EXECUTIVE | ||
| /s/ Robert R. Buck | ||
| Robert R. Buck |
