W6316 Design Drive Greenville, WI 54942 P.O. Box 1579 Appleton, WI ###-###-#### Phone: 888 ###-###-#### Fax: 888 ###-###-#### www.schoolspecialty.com Science Reading & Literacy Arts Education Early Childhood Life Skills Physical Education & Health Special Needs Career Education Furniture & Equipment School & Teacher Supplies School Smart
Exhibit 10.2
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W6316 Design Drive Greenville, WI 54942 P.O. Box 1579 Appleton, WI ###-###-#### Phone: 888 ###-###-#### Fax: 888 ###-###-#### www.schoolspecialty.com Science Reading & Literacy Arts Education Early Childhood Life Skills Physical Education & Health Special Needs Career Education Furniture & Equipment School & Teacher Supplies School Smart™ | September 18, 2013 Mr. Pat Collins 5566 South Oak Street Hinsdale, IL 60521 Dear Pat: This letter confirms our offer regarding your new role of EVP – Supplies Business for School Specialty, Inc. (SSI). The following highlights additional financial elements of your position in recognition and value to the Company. · Base Slary: Your new annual base salary for this position is $360,000, or a biweekly rate of $13,846.15. This is effective Monday, September 23, 2013. · Bonus Plan: You will continue to participate in the SSI Management Incentive Program with a new target payout of 50% of your base salary. Pat, please be advised that your Employment Agreement and all other benefits afforded you remain intact and unchanged, and that this letter outlines a change to your current compensation only. I look forward to our continued partnership and making SSI a successful Company. Sincerely, Jim Henderson Chairman of the Board & |
