Exhibit 10.1

 

 

 

 

Beacon Roofing Supply, Inc.

 

Office of the General Counsel

Beacon Roofing Supply, Inc.

6701 Democracy Blvd. Suite 200

Bethesda, MD 20817

Tel. 301-272-2124

 

Fax. 301-656-3212

 

 

 

 

June 11, 2019

CD&R Boulder Holdings, L.P.

c/o Clayton, Dubilier & Rice, LLC

375 Park Avenue, 18th Floor

New York, New York 10152

Attn: Nathan K. Sleeper, JL Zrebiec

Fax: (212) 407-5252

Email: nsleeper@cdr-inc.com, jzrebiec@cdr-inc.com

Debevoise & Plimpton LLP

919 Third Avenue

New York, New York 10022

Attention: Paul S. Bird; Uri Herzberg

Email: psbird@debevoise.com; uherzberg@debevoise.com

Re:Amendment and Restatement of Section 2(a) of the Registration Rights
Agreement Dear Nate:

Reference is hereby made to that certain Registration Rights Agreement (as
amended, supplemented or otherwise modified from time to time, the “Agreement”),
dated as of January 2, 2018, by and among Beacon Roofing Supply, Inc., a
Delaware corporation (the “Company”), CD&R Boulder Holdings, L.P., a Cayman
Islands exempted limited partnership (“CD&R Investor”), and, any Person who
becomes a party thereto pursuant to Section 8(d) of the Agreement (each such
party and CD&R Investor, a “CD&R Stockholder” and collectively, the “CD&R
Stockholders”). Capitalized terms used herein without definition shall have the
meanings given to them in the Agreement.

The undersigned CD&R Investor does hereby represent and warrant to the Company
that, as of the date hereof, it has not transferred, assigned or otherwise
disposed of any shares of Preferred Stock or Common Stock and is the sole CD&R
Stockholder and sole holder of Registrable Securities under the Agreement.

 

 

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Amendment and Restatement of Section 2(a) of the Agreement

This letter agreement evidences the agreement of the sole CD&R Stockholder and
the Company, in consideration of the promises and mutual covenants contained
herein and for other good and valuable consideration, the receipt and
sufficiency of which are mutually agreed, to amend and restate, in accordance
with Section 8(c) of the Agreement, Section 2(a) of the Agreement in its
entirety as follows:

“(a) Shelf Registration. At any time after the expiration of the Lock-Up Period,
the CD&R Stockholders may deliver a written request to the Company that the
Company file with the SEC a registration statement on Form S-3 or any comparable
or successor form or forms or any similar short-form registration constituting a
“shelf” registration statement providing for the registration of, and the sale
by the CD&R Stockholders on a continuous or delayed basis of, all of the
Registrable Securities, pursuant to Rule 415 or otherwise (a “Shelf Registration
Statement”). The Company shall file with the SEC a Shelf Registration Statement
within forty-five (45) days after receipt by the Company of such written request
of the CD&R Stockholders and thereafter use its reasonable best efforts to cause
to be declared effective such Shelf Registration Statement.”

I. Miscellaneous

Except as amended by this letter agreement, all other terms and provisions of
the Agreement shall remain in full force and effect.

The terms of this letter agreement are irrevocable and shall be governed by and
construed in accordance with the laws of the State of Delaware, without giving
effect to principles or rules of conflict of laws to the extent such principles
or rules would require or permit the application of Laws of another
jurisdiction. This letter agreement shall bind and inure to the benefit of and
be enforceable by the parties hereto and their respective successors and
permitted assigns.

This letter agreement constitutes the entire agreement between the parties
hereto with respect to the subject matter hereof, and may be amended or modified
only in a written instrument executed by the parties hereto. In the event that
any provision of this letter agreement is deemed invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining
provisions of this letter agreement will not in any way be affected or impaired
thereby. For the convenience of the parties, this letter agreement may be
executed by PDF, facsimile and in counterparts, each of which shall be deemed to
be an original, and all of which, taken together, shall constitute one agreement
binding on the parties hereto.

[Signatures follow on next page]

 

2

 

 

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IN WITNESS WHEREOF, the duly authorized representatives of the parties hereto
have signed this letter agreement as of the day and year first above written.

Very truly yours,

BEACON ROOFING SUPPLY, INC.

 

 

By:

 

/s/ Ross Cooper

 

 

Name: Ross Cooper

 

 

Title: Executive Vice President, and General Counsel

 

Acknowledged and Agreed:

CD&R BOULDER HOLDINGS, L.P.
By: CD&R Investment Associates IX,
Ltd., its general partner

 

 

By:

 

/s/ Theresa A. Gore

 

 

Name: Theresa A. Gore

 

 

Title: Vice President, Treasurer and

Assistant Secretary