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Exhibit 10.1 AMENDMENT NO. 1 TO TAX RECEIVABLE AGREEMENT This Amendment No. 1
(this “Amendment”) to the Tax Receivable Agreement (the “Agreement”), dated as
of July 1, 2014, by and among Veritiv Corporation, a Delaware corporation
(“Spinco”) and UWW Holdings, LLC, a Delaware limited liability company
(“Holdings”), in its capacity as a Beneficiary and the Representative, is
entered into by Spinco and Holdings, effective as of April 28, 2020. Capitalized
terms used but not otherwise defined herein shall have the meanings ascribed to
such terms in the Agreement. WHEREAS, the parties desire to amend the Agreement
as set forth herein; WHEREAS, pursuant to Section 7.03 of the Agreement, the
Agreement may be amended if such amendment is approved in writing by Spinco and
the Representative; NOW, THEREFORE, in consideration of the foregoing and the
mutual agreements set forth herein, and intending to be legally bound hereby,
the parties hereto agree as follows: 1. Amendment to Section 2.03(b). Section
2.03(b) of the Agreement is hereby amended and restated in its entirety as
follows (with new text shown as bold and double-underscored text, and deleted
text shown as stricken): “Amended Schedule. The Tax Benefit Schedule for any
Taxable Year shall be amended by Spinco (i) to correct inaccuracies in such Tax
Benefit Schedule after the date such Tax Benefit Schedule was provided to the
Representative, (ii) to comply with the Expert’s determination under the
Reconciliation Procedures, (iii) to reflect a change (relative to the amounts in
the original Tax Benefit Schedule or the prior Amended Schedule) in the
Cumulative Realized Tax Benefit as of the end of such Taxable Year attributable
to any change in fact or law, including a carryback or carryforward (including,
to the extent affecting the Non-NOL Tax Liability, a hypothetical carryback or
carryforward attributable to any Post-Merger NOLs) of a loss or other tax item
to such Taxable Year or (iv) to reflect the consequences of a Tax audit or the
filing of an amended Tax Return (such Tax Benefit Schedule, an “Amended
Schedule”). Spinco shall provide any Amended Schedule to the Representative (x)
within thirty (30) calendar days of the occurrence of an event referred to in
clauses (i) through (iv) or (ii) of the preceding sentence (or, to the extent
such event occurs in connection with the preparation of a Spinco Return filing
described in Section 2.02, concurrently with the delivery of the Tax Benefit
Schedule pursuant to Section 2.02) and (y) in the case of the occurrence of an
event referred to in clauses (iii) or (iv) of the preceding sentence,
concurrently with the delivery of the next Tax Benefit Schedule to be delivered
pursuant to Section 2.02 following such event. any Any such Amended Schedule
shall be subject to the approval procedures described in Section 2.03(a);
provided, however, that any Amended Schedule provided pursuant to an Expert’s
determination under the Reconciliation Procedures as described in clause (ii) of
the preceding sentence shall, subject to this Section 2.03(b), be final and
binding on all parties hereto and not subject to the approval procedures
described in Section 2.03(a).” 2. Miscellaneous. This Amendment may be executed
in one or more counterparts, all of which shall be considered one and the same
agreement. A facsimile or electronic copy of a signature page hereto shall be
deemed an original signature page hereto for all purposes. This Amendment shall
be governed by, and construed in accordance with, the law of the State of
Delaware, without regard to the 44547489.1

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conflicts of laws provisions thereof. Except as otherwise specifically provided
by this Amendment, the Agreement shall remain in full force and effect in
accordance with the terms and provisions thereof. (Signatures on Following Page)
2 44547489.1

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IN WITNESS WHEREOF, Spinco and the Representative have duly executed this
Agreement as of April 28, 2020. By: UWW HOLDINGS, LLC __/s/ Todd
Cook______________________________ Name: Todd Cook Title: Authorized Signatory
By: VERITIV CORPORATION __/s/ Stephen J. Smith _________________________ Name:
Stephen J. Smith Title: SVP and CFO 3 44547489.1

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