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Exhibit 10.2
 
 
THIRD AMENDMENT TO THE
 
HOUSTON WIRE & CABLE COMPANY
 
2006 STOCK PLAN
 
WHEREAS, Houston Wire & Cable Company, a Delaware corporation (the “Company”),
maintains the Houston Wire & Cable Company 2006 Stock Plan, as amended (the
“Plan”); and
 
WHEREAS, the Company has reserved the authority to amend the Plan and now deems
it appropriate to do so.
 
NOW THEREFORE, the Plan is hereby amended, effective as of November 4, 2014, as
follows:
 
1.  
Section 4.1 of the Plan is hereby amended to read in its entirety as follows:

 
The total number of shares of Common Stock that may be issued under the Plan
shall be 1,800,000.  Such shares may be either authorized but unissued shares or
treasury shares and shall be adjusted in accordance with the provisions of
Section 4.3 below.  The number of shares of Common Stock delivered by a
Participant or withheld by HWC on behalf of any such Participant as full or
partial payment of any minimum required withholding taxes on Stock Awards or
Stock Units shall once again be available for issuance pursuant to subsequent
Awards, and shall not count towards the aggregate number of shares of Common
Stock that may be issued under the Plan.  Any shares of Common Stock subject to
an Award may thereafter be available for issuance pursuant to subsequent Awards,
and shall not count towards the aggregate number of shares of Common Stock that
may be issued under the Plan, if there is a lapse, forfeiture, expiration,
termination or cancellation of any such prior Award for any reason (including
for reasons described in Section 3.3), or if shares of Common Stock are issued
under such Award and thereafter are reacquired by HWC pursuant to rights
reserved by HWC upon issuance thereof.
 
2.  
Section 4.2 of the Plan is hereby amended to add, after subsection (c), a new
subsection (d) as follows:

 
(d)           The maximum aggregate number of shares of Common Stock as to which
a Key Employee may receive Stock Awards and Stock Units in any calendar year is
150,000.
 
3.  
Section 12.1(b) of the Plan is hereby amended to add the following sentence at
the end thereof:  “For this purpose, repricing includes a reduction in the
exercise price of a Stock Option or the cancellation of a Stock Option in
exchange for cash, Stock Options with an exercise price less than the exercise
price of the cancelled Stock Options, other Awards or any other consideration
provided by the Company.”

 
 
 
 
 

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IN WITNESS WHEREOF, this Second Amendment has been executed on this 4th day of
November, 2014.
 

  HOUSTON WIRE & CABLE COMPANY         By: Nicol G.
Graham                                                                         
Nicol G. Graham     Chief Financial Officer, Treasurer and Secretary      

 
30186-0000
 
CH2\15785411.4
 
 
 

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