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v0807ex10-73.htm

    EXHIBIT 10.73

     

    
      

       

      
        FIRST
AMENDMENT TO

        LIMITED
LIABILITY COMPANY INTEREST PURCHASE AGREEMENT

        

        THIS FIRST AMENDMENT TO LIMITED
LIABILITY COMPANY INTEREST PURCHASE AGREEMENT ("Amendment") is made and
entered into as of the 22nd day of September, 2008 between En Pointe
Technologies Sales, Inc., a Delaware corporation ("Seller"), and Allied Digital
Services Limited, an Indian limited company ("Buyer").

         

        RECITALS

         

        A.           Seller
and Buyer, have entered into that certain LIMITED LIABILITY COMPANY INTEREST
PURCHASE AGREEMENT dated as of July 9, 2008 ("Agreement"), pursuant to which
Seller has agreed to sell to Buyer and Buyer has agreed to buy from Seller on
the terms and conditions set forth therein, certain interests in En Pointe
Global Services, LLC, a Delaware limited liability company (the
"Company"),  as more particularly described therein.

         

        B.           Seller
and Buyer now desire to modify and amend the Agreement in the manner set forth
herein.

         

        Now,
therefore, in consideration of the mutual covenants and agreements herein
contained and for other good and valuable consideration, including but not
limited to the payment to Seller to be made pursuant hereto, the receipt and
sufficiency of which are hereby acknowledged, Seller and Buyer hereby agree as
follows:

         

        AMENDMENT

         

        1. The
definition of the term "Cash Earnout Amount" set forth in Paragraph 1.9 of the
Agreement is hereby deleted in its entirety and the following inserted in place
thereof:

         

        
          	
                   
      

                	
                  "1.9

                	
                  Installment
      Amount. Two Million Dollars ($2,000,000) due on or before December
      15, 2008, with interest accruing thereon at the rate of 5%
      per  annum from September 23, 2008, forward until
      paid."

                

        

        

        2.           Paragraph
2.2 of the Agreement, "Purchase Price and Payment" is hereby deleted in its
entirety and the following inserted in place thereof:

        

        "Purchase Price and
Payment. Subject to the adjustment provisions set forth below in this
Section 2, elsewhere in the Agreement and in the Escrow Agreement, the
consideration for the transactions contemplated by this Agreement (the "Purchase
Price") shall be (i) the Cash Consideration, (ii) the Installment Amount and
(iii) either the Seller Earnout Shares or the Alternative Cash Earnout Amount.
The payment of the Cash Consideration, as adjusted pursuant to the terms of this
Section 2, shall be made via wire transfer of immediately available funds from
Buyer to an account specified by Seller within 12 days from date of signing of
this agreement. Upon receipt of funds Seller shall within 3 days issue 27587
series A units to the buyer. The Buyer and Seller acknowledge and intend that
the Purchase Price shall be the entire consideration to be paid to Seller in
connection with the sale of the Series A Units and that Seller shall not be
entitled to any other monetary or non-monetary consideration, notwithstanding
any assets, working capital, or cash held by the Company at Closing and
otherwise available for distribution or any changes in the business of the
Company."

        

        2. Counterparts;
Interpretation.  This Amendment may be signed in counterparts
and may be delivered by facsimile, and each counterpart and facsimile will be
considered an original, but all of which, when taken together, will constitute
one instrument.  This Amendment shall be interpreted to give each of
the provisions their plain meaning.  The Recitals are incorporated
into this Amendment.  Capitalized terms used but not defined herein
shall have the meanings set forth in the Agreement.

         

        3. Governing Law. This
Amendment shall be governed by, interpreted under, and construed and enforced in
accordance with the laws of the State of California.

         

        4. Status of
Agreement.  Except as set forth in this Amendment, the terms
and provisions of the Agreement shall remain in full force and
effect.

         

        

         

         

        IN
WITNESS WHEREOF, Seller and Buyer have executed this Amendment as of the date
written above.

        
          	
                  "Buyer"

                  Allied Digital
      Services Limited, an Indian limited company

                   

                  
                    By:        /s/
      Nitin
      Shah                                                        

                    Name:       
      Nitin Shah

                    Title:   
      Chairman & Managing Director

                  

                   

                   

                   

                   

                   

                   

                   

                	
                  "Seller"

                   En
      Pointe Technologies Sales, Inc., a Delaware corporation

                   

                  By:   
      /s/ Attiazaz ("Bob") Din

                  Name:    Attiazaz
      ("Bob")
      Din                                                            

                  Its:     Chief
      Executive
      OfficerQuickLinks
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  Exhibit 10.3    
    

 
 

  BEACON ROOFING SUPPLY, INC. 2004 STOCK PLAN
  
    As Amended and Restated Effective October 22, 2007
  
    STOCK OPTION AGREEMENT    
    

        A Stock Option (the "Option") granted, as
of                        , by Beacon Roofing Supply, Inc., a Delaware corporation (the
"Company"), to the employee named in the attached Option letter (the "Optionee"), for common stock, par value $.01 per share (the "Common Stock"), of the Company shall be subject to the following
terms and conditions: 

        1.    Stock Option Grant.    Subject to the provisions set forth herein and the terms and conditions of the Beacon
Roofing Supply, Inc. 2004 Stock Plan, As Amended and Restated Effective October 22, 2007 (the "Plan"), a copy of which is attached hereto and the terms of which are hereby incorporated
by reference, and in consideration of the agreements of the Optionee herein provided, the Company hereby grants to the Optionee an Option to purchase from the Company the number of shares of Common
Stock, at the purchase price per share, and on the schedule, set forth in the attached Option letter. Any Incentive Stock Option is intended to be an incentive stock option within the meaning of
Section 422A of the Internal Revenue Code of 1986. 

        2.    Acceptance by Optionee.    The exercise of the Option is conditioned upon its acceptance by the Optionee in the
space provided therefor at the end of this Agreement and the return of an executed copy of this Agreement to the office of the General Counsel no later
than                                    . 

        3.    Exercise of Option.    Written notice of an election to exercise any portion of the Option shall be given by the
Optionee, or his personal representative in the event of the Optionee's death, in accordance with procedures established by the Compensation Committee of the Board of Directors of the Company (the
"Committee") as in effect at the time of such exercise. 

        At
the time of exercise of the Option, payment of the purchase price for the shares of Common Stock with respect to which the Option is exercised must be made by one or more of the
following methods: (i) in cash, or (ii) in cash received from a broker-dealer to whom the Optionee has submitted an exercise notice and irrevocable instructions to deliver the purchase
price to the Company from the proceeds of the sale of shares subject to the Option. 

        If
applicable, an amount sufficient to satisfy all minimum Federal, state and local withholding tax requirements prior to delivery of any certificate for shares of Common Stock must also
accompany the exercise. Payment of such taxes can be made by a method specified above, and/or by directing the Company to withhold such number of shares of Common Stock otherwise issuable upon
exercise of the Option with a fair market value equal to the amount of tax to be withheld. 

        4.    Exercise Upon Termination of Employment.    Except as set forth in Section 6 below, if the Optionee's
employment with the Company and all affiliates terminates for any reason other than death, disability or retirement, the then vested portion of the Option shall continue to be exercisable until the
earlier of the 90th day after the date of the Optionee's termination or the date the Option expires by its terms. 

        In
the event of the Optionee's death, disability or retirement during employment with the Company or any affiliate, the outstanding portion of the Option shall become fully vested on
such date and shall continue to be exercisable until the earlier of the first anniversary of the date of the Optionee's death, disability or retirement or the date the Option expires by its terms. For
this purpose (i) "disability" means (as determined by the Committee in its sole discretion) the inability of the Optionee to engage in any substantial gainful activity by reason of any
medically determinable physical or mental impairment which is expected to result in death or disability or which has lasted or can be expected to last for a continuous period of not less than
12 months, and (ii) "retirement" means the Optionee's termination from employment with the Company and all affiliates without cause (as determined by the Committee in its sole
discretion) when the Optionee is 65 or older. (Full vesting of 

an
Incentive Stock Option may result in all or part of the Option being treated as a Non-Qualified Stock Option in accordance with Section 5.4 of the Plan.) 

        5.    Option Not Transferable.    The Option may be exercised only by the Optionee during his lifetime and may not be
transferred other than by will or the applicable laws of descent or distribution or pursuant to a qualified domestic relations order. The Option shall not otherwise be assigned, transferred, or
pledged for any purpose whatsoever and is not subject, in whole or in part, to attachment, execution or levy of any kind. Any attempted assignment, transfer, pledge, or encumbrance of the Option,
other than in accordance with its terms, shall be void and of no effect. 

        6.    Surrender of or Changes to Agreement.    In the event the Option shall be exercised in whole, this Agreement
shall be surrendered to the Company for cancellation. In the event this Option shall be exercised in part, this Agreement shall be delivered by the Optionee to the Company for the purpose of making
appropriate notation thereon, or of otherwise reflecting, in such manner as the Company shall determine, the change in the number of shares. 

        7.    Forfeiture of Options.    If an Optionee's employment with the Company or its subsidiaries terminates due to
Cause, all of the Optionee's Options, including the vested and unvested portions, shall be forfeited as of the date of such termination. For purposes hereof, "Cause" shall mean: (a) conviction
of a felony connected with Optionee's employment with the Company or its subsidiaries, (b) misappropriation or theft of property of the Company or its subsidiaries, (c) gross negligence
or willful misconduct in the performance of employee's duties, (d) any act of fraud against the Company or its subsidiaries, and (e) any unauthorized dissemination of confidential
information or trade or business secrets of the Company or its subsidiaries. 

        8.    Administration.    The Option shall be exercised in accordance with such administrative regulations as the
Committee shall from time to time adopt. 

        9.    Governing Law.    This Agreement, and the Option, shall be construed, administered and governed in all respects
under and by the laws of the State of Delaware. 

        IN
WITNESS WHEREOF, this Agreement is delivered by the Company as of the                        day
of                        .
 

			
	 	 	BEACON ROOFING SUPPLY, INC.

 AGREED AND ACCEPTED:  

OPTIONEE

					
	

  	 	 
	Date:	 	

 	 	 

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Exhibit 10.3

BEACON ROOFING SUPPLY, INC. 2004 STOCK PLAN As Amended and Restated Effective October 22, 2007 STOCK OPTION AGREEMENT

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