Document:

Exhibit
      10.92

     

    EMPLOYMENT
      AGREEMENT

     

    This
      Employment
      Agreement (the "Agreement")
      is made and
      entered into as of this day of February 19, 2008, by and between Stanley M.
      Wilson ("Executive"),
      and Building
      Materials Holding Corporation, a Delaware corporation (the "Company").

     

    WITNESSETH

     

    WHEREAS,
      Executive
      is currently employed by the Company as Senior Vice President; and President
      and
      Chief Executive Officer of BMC West Corporation; 

     

    WHEREAS,
      Executive
      and the Company are parties to an Amended and Restated Senior Management and
      Key
      Employee Severance Agreement (the "Severance
      Agreement");
      and

     

    WHEREAS,
      the
      Company wishes to extend the duration of Executive's services, promote the
      Executive to the position of President and Chief Operating Officer of the
      Company and clarify the terms and conditions of his employment by entering
      into
      this Agreement with Executive and Executive is willing to commit his services
      to
      the Company, on the terms and conditions set forth below.

     

    NOW,
      THEREFORE, in
      consideration of the premises and the mutual covenants herein contained,
      Executive and the Company hereto agree as follows:

     

    
      	
            	1.	
              Term

            

    

     

    This
      Agreement
      shall commence on the date hereof, and shall continue in effect for a period
      ending December 31, 2010, or, if this Agreement is extended, such later date
      as
      mutually agreed upon (the "Employment Term"). 

     

    
      	
            	2.	
              Employment

            

    

     

    2.1 Engagement.
      The Company
      hereby employs Executive and Executive hereby agrees to be employed by the
      Company, subject to the terms and conditions herein set forth. During the
      Employment Term, Executive shall be employed as President and Chief Operating
      Officer of the Company, and shall be responsible for the duties normally and
      customarily attendant to such offices. Executive shall report to the Chairman
      and Chief Executive Officer of the Company. Executive shall render such other
      services and duties of an executive nature consistent with the duties of a
      senior executive officer of the Company as may from time to time be designated
      by the Chairman and Chief Executive Officer of the Company.

     

    2.2 Exclusive
      Employment.
      During the
      Employment Term, Executive shall devote his full business time to his duties
      and
      responsibilities set forth in Section 2.1. Without limiting the generality
      of
      the foregoing, Executive shall not, without the prior written approval of the
      Board, during the Employment Term, render services of a business, professional
      or commercial nature to any other person, firm or corporation, whether for
      compensation or otherwise, except that Executive may engage in civic,
      philanthropic and community service activities so long as such activities do
      not
      materially interfere with Executive’s ability to comply with this Agreement and
      are not otherwise in conflict with the policies or interest of the Company,
      and
      Executive may serve on the board of directors of two companies without Company
      approval.

     

    
      
         

      

      
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            	3.	
              Compensation
                and General Benefits

            

    

     

    3.1 Base
      Salary.
      During the term
      of this Agreement, the Company shall pay Executive a base salary in an
      annualized amount equal to Six Hundred Thousand Dollars ($600,000)
      ("Base
      Salary")
      payable pro rata
      on the Company's regular payday, and subject to adjustment as hereinafter
      provided.

     

    3.2 Salary
      Reviews.
      Executive's Base
      Salary shall be reviewed annually by the Chairman and Chief Executive Officer
      of
      the Company and the Compensation Committee of the Company for the purpose of
      considering increases thereof. In conducting this review, the following factors
      shall be considered: Executive's performance, the Company's financial condition
      and compensation afforded to senior executives of comparable corporations and
      such other factors that the Chairman and Chief Executive Officer of the Company
      deems appropriate. The Base Salary shall not be decreased without the written
      consent of Executive.

     

    3.3 Bonus. During
      the
      Employment Term, in addition to the Base Salary provided by Section 3.1,
      Executive will participate in the Company's Annual Incentive Plan (the
      "Annual
      Bonus
      Plan"),
      pursuant to
      which Executive shall be eligible to receive additional incentive compensation
      on an annual basis based upon meeting targeted objectives as determined annually
      by the Compensation Committee of the Company. 

     

    3.4 Vacation.
      Executive shall
      be entitled to four weeks paid vacation in any fiscal year during the Employment
      Term in accordance with Company vacation and leave policies. Vacation time
      shall
      be planned and taken consistent with Executive's duties and obligations
      hereunder.

     

    3.5 Other
      Benefits.
      During the
      Employment Term, Executive (and his spouse and dependents) shall be entitled
      to
      participate in the Company's executive perquisite plan, supplemental retirement
      plan, liability insurance, life insurance, disability insurance, dental
      insurance, hospitalization insurance, medical, accident, and other employee
      benefit plans from time to time adopted by the Company and made available to
      other senior executives. The Company shall have the right to change insurance
      carriers and benefit plans as may be appropriate in light of future market
      conditions and shall have the right to purchase individual policies covering
      Executive if necessary. 

     

    3.6 Stock
      Incentive
      Plans.
      Executive shall
      also be eligible to receive additional incentive compensation in the form of
      stock option or restricted stock grants. Review for any such grant shall be
      concurrent with Executive's annual salary review and shall be in the sole
      discretion of the Compensation Committee of the Company. 

     

    3.7 Reimbursement
      of
      Expenses.
      Upon submission
      of appropriate documentation in accordance with Company policy, the Company
      will
      promptly reimburse Executive for all reasonable business expenses incurred
      by
      Executive in pursuing the business of the Company, including, without
      limitation, expenditures for entertainment and travel.

     

    
      
         

      

      
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            	4.	
              Confidential
                Information

            

    

     

    During
      the term of
      this Agreement and forever thereafter, Executive agrees to keep confidential
      all
      information provided by the Company, excepting any such information as is
      already known to the public, and including any such information and material
      relating to any customer, vendor, licensor, licensee, or other party transacting
      business with the Company, and not to release, use, or disclose the same, except
      with the prior written permission of the Company (collectively, “Confidential
      Information”). Executive further covenants and agrees that every document,
      computer disk, computer software program, notation, record, diary, memorandum,
      development, investigation, or the like, and any method or manner of doing
      business, of the Company (or containing any Confidential Information) made
      or
      acquired by Executive during his employment, is and shall be the sole and
      exclusive property of the Company.

     

    
      	
            	5.	
              Covenants
                of Executive.
                

            

    

     

    5.1 Non-Compete.
      Executive agrees
      that, during the Employment Term, he will not, directly or indirectly, engage
      in
      any business or activity competitive with the business activities of the
      Company. The foregoing shall not apply to passive investments by Executive
      of up
      to 5% of the outstanding stock of any publicly traded company or to service
      by
      Executive on boards of directors of companies as permitted under this Agreement,
      regardless of whether such company competes with the Company.

     

    5.2 Solicitation
      of
      Employees.
      During the
      Employment Term and for a period of one year following a termination of
      employment for any reason (i) he shall not, directly or indirectly,
      individually, or together through any other person, firm, corporation or entity,
      solicit, recruit or encourage any employee of the Company to leave his or her
      employment with the Company and/or accept a position with another Company,
      provided, however, that general solicitations not targeted to Company employees
      shall not be deemed to violate this Section 5.2.

     

    5.3 Solicitation
      of
      Customers and Suppliers.
      Executive agrees
      that, during the Employment Term and for a period of one year following a
      termination of employment for any reason, he shall not, directly or indirectly,
      individually, or together through any other person, firm, corporation or entity,
      (i) use the Company's Confidential Information to solicit the business of any
      customers of or suppliers to the Company, or (ii) discourage any person or
      entity which is a customer of the Company from continuing its existing business
      or contractual relationship with the Company. 

     

    5.4 Compliance
      with
      Company Policies.
      Executive agrees
      that, during the Employment Term, he shall comply with the Company's employee
      manual and other policies and procedures reasonably established by the Company
      from time to time concerning matters such as management, supervision,
      recruiting, diversity, and sexual harassment.

     

    5.5 Cooperation.
      For a period of
      one year following his termination of employment for any reason under this
      Agreement, Executive shall, upon Company’s reasonable request and in good faith
      and with his best efforts, subject to his reasonable availability, cooperate
      and
      assist Company in any dispute, controversy, or litigation in which Company
      may
      be involved and with respect to which Executive obtained knowledge while
      employed by the Company or any of its affiliates, successors, or assigns,
      including, but not limited to, his participation in any court or arbitration
      proceedings, giving of testimony, signing of affidavits, or such other personal
      cooperation as counsel for the Company shall request. Any such activities shall
      be scheduled, to the extent reasonably possible, to accommodate Executive’s
      business and personal obligations at the time. The Company shall pay Executive’s
      reasonable travel and incidental out-of-pocket expenses incurred in connection
      with any such cooperation, as well as the reasonable costs of an attorney
      Executive engages to advise him in connection with the foregoing.

     

    
      
         

      

      
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    5.6 Return
      of
      Business Records and Equipment.
      Upon termination
      of Executive's employment hereunder, Executive shall promptly return to the
      Company: (i) all documents, records, procedures, books, notebooks, and any
      other
      documentation in any form whatsoever, including but not limited to written,
      audio, video or electronic, containing any information pertaining to the Company
      which includes confidential information, including any and all copies of such
      documentation then in Executive's possession or control regardless of whether
      such documentation was prepared or compiled by Executive, Company, other
      employees of the Company, representatives, agents, or independent contractors,
      and (ii) all equipment or tangible personal property entrusted to Executive
      by
      the Company. Executive acknowledges that all such documentation, copies of
      such
      documentation, equipment, and tangible personal property are and shall at all
      times remain the sole and exclusive property of the Company.

     

    
      	
            	6.	
              Covenants
                of the Company

            

    

     

    6.1 Indemnification.
      In the event
      Executive is made, or threatened to be made, a party to any legal action or
      proceeding, by reason of the fact that Executive is or was an employee, director
      or officer of the Company or serves or served any other entity in any capacity
      at the Company's request, Executive shall be indemnified by the Company, and
      the
      Company shall pay Executive's related expenses when and as incurred, including
      but not limited to attorney fees, all to the fullest extent permitted by
      law.

     

    6.2 Change
      in
      Control.
      During the
      Employment Term, the Company shall continue in full force and effect with
      respect to Executive, the Severance Agreement, as amended from time to time
      in
      accordance with the terms thereof. The Severance Agreement shall control the
      compensation and benefits to be received by Executive in the event of a Change
      in Control (as defined in the Severance Agreement). 

     

    
      	
            	7.	
              Compensation
                and Benefits Upon Termination Other than in Connection with a Change
                in
                Control.

            

    

     

    7.1 Termination
      Upon
      Death.
      If Executive dies
      prior to the expiration of the Employment Term, the Company shall pay to
      Executive's estate, or other designated beneficiary(s) as shown in the records
      of the Company, any earned but unpaid Base Salary, a pro-rata amount of the
      annual bonus that Executive would be eligible to receive under the Company's
      Annual Bonus Plan for the year in which Executive's death occurs, LTIP benefits
      in accordance with the terms of the LTIP, accrued benefits under the SERP and
      any other benefits that Executive is entitled to receive as of the Date of
      Termination under applicable benefit plans of the Company,
      less standard withholdings for tax and social security purposes. Except as
      required by law, after the Date of Termination, the Company shall have no
      obligation to make any other payment, including severance or other compensation,
      of any kind to Executive’s estate upon a termination of employment by death.

     

    7.2 Termination
      Upon
      Disability.
      The Company may
      terminate Executive's employment in the event Executive suffers a Disability.
      In
      the event that Executive's employment is terminated pursuant to this
      Section 7.2, Executive shall receive payment for any earned and unpaid Base
      Salary, a pro-rata amount of the annual bonus that Executive would be eligible
      to receive under the Company's Annual Bonus Plan for the year in which such
      termination occurs, LTIP benefits in accordance with the terms of the LTIP,
      accrued benefits under the SERP, and any other benefits that Executive is then
      entitled to receive under applicable benefit plans of the Company, less standard
      withholdings for tax and social security purposes.
      Except
      as required by law,
      after
      the Date of Termination, no other compensation of any kind or severance or
      other
      payment of any kind or payment in lieu of notice shall be payable by the Company
      to Executive upon a termination of employment for Disability. 

     

    
      
         

      

      
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    7.3 Voluntary
      Termination.
      Executive
      may
      voluntarily terminate his employment with the Company at any time upon 90 days'
      prior written notice. The Company may accelerate the termination of Executive's
      employment and the right to any further compensation to a date prior to the
      90th
      day upon written notice thereof being delivered to Executive by the Company.
      In
      the event that Executive's employment is terminated under this Section 7.3,
      Executive shall receive payment for any earned and unpaid Base Salary, and
      benefits the Executive is entitled to receive under the employee benefit plans
      of the Company, but excluding bonuses otherwise payable under the Company's
      Annual Bonus Plan, less standard withholdings for tax and social security
      purposes, through the Date of Termination. Except
      as required
      by law,
      after
      the Date of Termination the Company shall have no further obligation to pay
      any
      compensation of any kind or severance payment of any kind nor to make any
      further payment in lieu of notice to Executive. 

     

    7.4 Termination
      for
      Cause.
      The Board may
      terminate Executive's employment with the Company at any time for Cause. In
      the
      event that Executive's employment is terminated under this Section 7.4,
      Executive shall receive payment for all earned but unpaid Base Salary, and
      benefits the Executive is then entitled to receive under the employee benefit
      plans of the Company, but excluding bonuses otherwise payable under the
      Company's Annual Bonus Plan, less standard withholdings for tax and social
      security purposes, through the Date of Termination. Except
      as required
      by law,
      after
      the Date of Termination the Company shall have no further obligation to pay
      any
      severance or compensation of any kind nor to make any payment in lieu of notice
      to Executive. Except as required by law, all benefits provided by the Company
      to
      Executive under this Agreement or otherwise shall cease as of the Date of
      Termination. 

     

    7.5 Termination
      Without Cause.
      The Company may,
      at any time and without prior written notice, terminate Executive without Cause.
      In the event that Executive's employment with the Company is terminated without
      Cause, Executive shall receive payment for all earned but unpaid Base Salary,
      and benefits the Executive is then entitled to receive under benefit plans
      of
      the Company, if any, less standard withholdings for tax and social security
      purposes, through the Date of Termination. In addition, provided that Executive
      executes a release of claims against the Company in a form reasonably
      satisfactory to the Company and such release becomes effective, Executive shall
      receive (i) within 75 days payment in a lump sum of an amount equal to the
      then current Base Salary for the period commencing on the Date of Termination
      and ending on the last day of the Employment Term, subject to tax withholding
      requirements; (ii) payment of the amount of the Annual Bonus that Executive
      would be eligible to receive under the Company's Bonus Plan for the year in
      which the termination occurs; (iii) payment of amounts accrued under the LTIP
      in
      accordance with the terms of the LTIP; (iv) payment on Executive's behalf of
      monthly continuation premiums for health insurance under Federal or State COBRA
      for a period of 18 months following the Date of Termination; (v) acceleration
      of
      the vesting of a portion of any unvested stock options in the amount
      that would
      have become
      vested at the end of the calendar year in which the termination occurred; and
      (vi) payment to Executive’s account under the SERP of the annual contribution to
      the SERP for the calendar year in which the termination occurs. No other
      compensation of any kind or severance or other payment of any kind shall be
      payable by the Company to Executive after such Date of Termination. Except
      as
      specifically provided in this Section 7.5 and except as required by law, all
      benefits provided by the Company to Executive under this Agreement or otherwise
      shall cease as of the Date of Termination.

     

    
      
         

      

      
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    7.6 Termination
      for
      Good Reason.
      Notwithstanding
      anything in this Section 7 to the contrary, Executive may voluntarily terminate
      his employment with the Company and receive the benefits detailed in Section
      7.5
      upon or within 180 days following the occurrence of an event constituting Good
      Reason, subject to, as applicable, Executive’s execution of the effective
      release of claims described in Section 7.5.

     

    7.7 Termination
      Following a Change in Control.
      If the employment
      of Executive is terminated within the period commencing 3 months prior to a
      Change in Control and ending 3 years following a Change in Control, the
      provisions of this Section 7 shall not apply and all payments shall be made
      in
      accordance with the provisions of the Severance Agreement. 

     

    7.8 Certain
      Definitions.
      For purposes of
      this Agreement, the following term shall have the meanings set forth
      below.

     

    (a) "Cause"
      shall mean that
      Executive shall: (i) commit an act of fraud, embezzlement or misappropriation
      involving the Company; (ii) be convicted by a court of competent jurisdiction
      of, or enter a plea of guilty of no contest to, any felony involving moral
      turpitude or dishonesty; (iii) commit an act, or fail to commit an act,
      involving the Company which amounts to, or with the passage of time would amount
      to, willful misconduct, gross negligence or a breach of this Agreement and
      which
      results or will result in material harm to the Company, if such act is not
      corrected within 30 days following receipt written notice thereof from the
      Company; or (iv) willfully fail to perform the responsibilities and duties
      specified herein for a period of 30 days following receipt of written notice
      from the Company which specifically describes past instances of willful failure
      of performance; provided that in the case of (iv) above, during the 30-day
      period following receipt of such notice, Executive shall be given the
      opportunity to take reasonable steps to cure any such claimed past failure
      of
      performance; 

     

    (b) "Date
      of
      Termination"
      shall mean
      (i) if Executive is terminated by the Company for Disability, 30 days after
      written notice of termination is given to Executive (provided that Executive
      shall not have returned to the performance of his duties on a full-time basis
      during such 30-day period) or (ii) if Executive's employment is terminated
      by the Company for any other reason or by Executive, the date on which a written
      notice of termination, specifying in reasonable detail the facts and
      circumstances claimed to provide a basis for termination of Executive's
      employment is given; provided that, in the case of a termination for Cause,
      Executive shall not have cured the matter or matters stated in the notice of
      termination within the 10-day notice period provided in Section 7.8(a)
      above.

     

    (c) "Disability"
      shall mean a
      physical or mental disability that renders Executive unable, as determined
      in
      good faith by a licensed physician, to perform the essential functions of his
      position, even with reasonable accommodation, for 180 days within any 12-month
      period. The Company and Executive or his legal representative shall use their
      best efforts to agree on the physician to determine disability. If they cannot
      agree within ten days after the first party makes a written proposal stating
      the
      name of a physician, then the other party shall select a physician within ten
      days and within ten days thereafter the two physicians shall select a third
      physician. All such physicians must be board certified in the medical area
      giving rise to the alleged disability. The determination of the third physician
      shall be final and binding. If one party fails to select a physician within
      the
      ten-day period, the physician named by the other party shall make the
      determination of disability. 

     

    
      
         

      

      
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    (d) "Good
      Reason"
      shall mean
      Executive's resignation from employment within 180 days after the occurrence
      of
      one of the following events without Executive’s express written consent,
      provided, however, that Executive must provide written notice to the Company
      within ninety days after the occurrence of the event allegedly constituting
      Good
      Reason, and the Company shall have thirty days after such notice is given to
      cure; 

     

    (i)
      a material
      reduction in Executive's responsibilities or the assignment to Executive by
      the
      Company of duties materially inconsistent with his position as President and
      Chief Operating Officer; 

     

    (ii)
      a material
      reduction in his Base Salary or target bonus opportunity for reasons not related
      to the economic performance of the Company under the Annual Bonus Plan or a
      material reduction in the benefits provided under other employee benefit plans
      described in this Agreement;

     

    (iii)
      a relocation
      to any place more than 25 miles from the office regularly occupied by Executive,
      except for reasonably required travel by Executive on the Company's business;
      

     

    (iv)
      any material
      breach by the Company of any provision of this Agreement or any other material
      agreement between the Company or any subsidiary and Executive; or 

     

    (v)
      the failure by
      the Company or by any successor or assign of the Company (whether by operation
      of law or otherwise, including any surviving company in a merger or similar
      transaction involving the Company), within ten business days following a Change
      in Control, to deliver to Executive an agreement expressly reaffirming its
      obligations under or agreeing to assume and comply with the obligations of
      the
      Company under this Agreement.

     

    7.9 Section
      409A.
      Notwithstanding
      anything herein to the contrary, to the extent that the Board determines, in
      its
      sole discretion, that (a) at the time of the Executive’s termination of
      employment with the Company, he is a “specified employee” as defined in Section
      409A of the Internal Revenue Code of 1986, as amended (the "Code")
      and (b) any
      payment or benefit to be provided under Section 7 to or for the benefit of
      Executive would be subject to the additional tax imposed under Section
      409A(a)(1)(B) of the Internal Revenue Code or a successor or comparable
      provision if paid at the time such payments and benefits are otherwise required
      under this Agreement, the commencement of such payments and/or benefits shall
      be
      delayed until the earlier of (i) the date that is six months following the
      Date of Termination or (ii) the date of Executive's death; provided,
      however, that an amount equal to the lesser of two times (x) annual compensation
      or (y) the limit under Internal Revenue Code Section 401(a)(17) shall not be
      subject to the delay described in the previous clause and instead shall be
      paid
      out as otherwise scheduled.

     

    
      
         

      

      
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    8.        
      Warranties
      and Representations.
      Executive hereby
      represents and warrants to the Company that he is not now under any obligation
      of a contractual or quasi-contractual nature known to him that is inconsistent
      or in conflict with this Agreement or that would prevent, limit or impair the
      performance by Executive of his obligations hereunder; and has been or has
      had
      the opportunity to be represented by legal counsel in the preparation,
      negotiation, execution and delivery of this Agreement and understands fully
      the
      terms and provisions hereof.

     

    
      	
            	9.	
              Notices

            

    

     

    All
      notices
      required or permitted to be given by either party hereunder shall be in writing
      and shall be deemed sufficiently given if mailed by registered or certified
      mail, or personally delivered to the party entitled thereto at the address
      stated below, or to such changed address as the addressee may have given by
      a
      similar notice:

     

    

    
      	
              To
                the
                Company:

            	
              Building
                Materials Holding Corporation

              Four
                Embarcadero Center, Suite 3200

              San
                Francisco, California 94111

              Attn:
                Chairman of the Compensation Committee 

              Fax:
                (415)
                627-9119

            
	 	 
	
              With
                a Copy
                to:

            	
              Building
                Materials Holding Corporation

              720
                Park
                Blvd., Suite 200

              P.O.
                Box
                7006

              Boise,
                Idaho,
                83707

              Fax:
                (208)
                331-4477

              Attention:
                Paul Street, Esq.

            
	 	 
	
              To
                Executive:

            	
              Stanley
                M.
                Wilson

              BMC
                West
                Corporation

              5210
                E. Lake
                Sammamish Parkway SE

              Issaquah,
                Washington 98029

            

    

     

    
      	
            	10.	
              General
                Provisions

            

    

     

    10.1 Waiver.
      No waiver by any
      party hereto of any failure of any other party to keep or perform any covenant
      or condition of this Agreement shall be deemed to be a waiver of any preceding
      or succeeding breach of the same, or any other covenant or
      condition.

     

    10.2 Amendments.
      No provision of
      this Agreement may be amended, modified or waived unless such amendment,
      modification or waiver shall be agreed to in writing and signed by Executive
      and
      a duly authorized officer of the Company.

     

    
      
         

      

      
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    10.3 Severability.
      The provisions of
      this Agreement are severable and in the event that a court of competent
      jurisdiction determines that any provision of this Agreement is in violation
      of
      any law or public policy, in whole or in part, only the portions of this
      Agreement that violate such law or public policy shall be stricken. All portions
      of this Agreement that do not violate any statute or public policy shall not
      be
      affected thereby and shall continue in full force and effect. Further, any
      court
      order striking any portion of this Agreement shall modify the stricken terms
      as
      narrowly as possible to give as much effect as possible to the intentions of
      the
      parties under this Agreement.

     

    10.4 Assignment.
      No right to or
      interest in any payments shall be assignable by either party; provided; however,
      that this provision shall not preclude Executive from designating one or more
      beneficiaries to receive any amount that may be payable after his death and
      shall not preclude his executor or administrator from assigning any right
      hereunder to the person or persons entitled hereto. Further, the Company may
      assign this Agreement: (a) to an affiliate so long as such affiliate assumes
      the
      Company's obligations hereunder, or (b) in connection with a merger or
      consolidation involving the Company or a sale of substantially all its assets
      or
      shares to the surviving corporation or purchaser as the case may be so long
      as
      such assignee assumes the Company's obligations hereunder.

     

    10.5 Successors
      and
      Assigns.
      This Agreement
      and the obligations of the Company and Executive hereunder shall be binding
      upon
      and shall be assumed by their respective successors including, without
      limitation, any corporation or corporations acquiring the Company, whether
      by
      merger, consolidation, sale or otherwise.

     

    10.6 Governing
      Law.
      The validity,
      interpretation, performance, and enforcement of this Agreement shall be governed
      by the laws of the State of California without regard to the principles of
      conflict of laws thereof.

     

    10.7 Attorney's
      Fees
      and Costs.
      If any action at
      law or in equity is necessary to enforce or interpret the terms of this
      Agreement, the prevailing party shall be entitled to reasonable attorneys'
      fees,
      costs, and necessary disbursements in addition to any other relief to which
      that
      party may be entitled. This provision shall be construed as applicable to the
      entire contract.

     

    10.8 No
      Representation.
      No officer,
      employee or representative of the Company has any authority to make any
      representation or promise in connection with this Agreement or the subject
      matter hereto which is not contained herein, and Executive agrees that he has
      not executed this Agreement in reliance upon any such representation or
      promise.

     

    10.9 Interpretation
      of Agreement.
      Each of the
      parties has been represented by counsel in the negotiation and preparation
      of
      this Agreement. The parties agree that this Agreement is to be construed as
      jointly drafted. Accordingly, this Agreement will be construed according to
      the
      fair meaning of its language, and the rule of construction that ambiguities
      are
      to be resolved against the drafting party will not be employed in the
      interpretation of this Agreement.

     

    10.10 Headings.
      The headings of
      sections and subsections are included solely for convenience of reference and
      shall not control the meaning or interpretation of any of the provisions of
      this
      Agreement.

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    10.11 Entire
      Agreement.
      This document
      constitutes the entire understanding and Agreement of the parties with respect
      to the subject matter of this Agreement, and any and all prior agreements,
      understandings and representations are hereby terminated and cancelled in their
      entirety and are of no further force or effect.

     

    10.12 Counterparts.
      This Agreement
      may be executed in two or more counterparts with the same effect as if the
      signatures to all such counterparts were upon the same instrument, and all
      such
      counterparts shall constitute but one instrument.

     

    10.13 No
      Mitigation of
      Damages.
      Executive shall
      not be required to mitigate damages or the amount of any payment provided for
      under this Agreement by seeking other employment or otherwise, nor shall the
      amount of any payment provided for under this Agreement be reduced by any
      compensation earned by Executive as a result of employment by another employer
      or by retirement benefits after the Date of Termination, except as specifically
      provided hereunder. The provisions of this Agreement, and any payment provided
      for hereunder, shall not reduce any amounts otherwise payable, or in any way
      diminish the Executive's then existing rights, or rights which would accrue
      solely as a result of the passage of time, under any Company benefit plan or
      other contract, plan or arrangement.

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

     

    10.14 Dispute
      Resolution and Binding Arbitration.
      Executive and the
      Company agree that in the event a dispute arises concerning or relating to
      Executive's employment with the Company, or any termination therefrom, such
      dispute shall be submitted to binding arbitration in accordance with the
      employment arbitration rules of Judicial Arbitration and Mediation Services
      ("JAMS")
      by a single
      impartial arbitrator experienced in employment law selected as follows: if
      the
      Company and Executive are unable to agree upon an impartial arbitrator within
      ten days of a request for arbitration, the parties shall request a panel of
      employment arbitrators from JAMS and alternatively strike names until a single
      arbitrator remains. The arbitration shall take place in San Francisco,
      California, and both Executive and the Company agree to submit to the
      jurisdiction of the arbitrator selected in accordance with JAMS' rules and
      procedures. Executive and the Company further agree that arbitration as provided
      for in this section will be the exclusive and
      binding remedy for any such dispute and will be used instead of any court
      action, which is hereby expressly waived, except for any request by either
      party
      hereto for temporary or preliminary injunctive relief pending arbitration in
      accordance with applicable law, or an administrative claim with an
      administrative agency. The parties further agree that
      the award of
      the arbitrator shall be final and binding on both parties. The arbitrator shall
      have discretion to award monetary and other damages, or no damages, and to
      fashion such other relief as the arbitrator deems appropriate. The Company
      will
      be responsible for paying any filing fees and costs of the arbitration
      proceeding itself (for example, arbitrators' fees, conference room,
      transcripts), but each party shall be responsible for its own attorneys' fees.
      THE COMPANY AND EXECUTIVE ACKNOWLEDGE AND AGREE THAT BY AGREEING TO ARBITRATE,
      THEY ARE WAIVING ANY RIGHT TO BRING AN ACTION AGAINST THE OTHER IN A COURT
      OF
      LAW, EITHER STATE OR FEDERAL, AND ARE WAIVING THE RIGHT TO HAVE CLAIMS AND
      DAMAGES, IF ANY, DETERMINED BY A JURY.

     

    IN
      WITNESS WHEREOF, the parties have executed this Agreement as of the day and
      year
      first above written.

     

    
      
        	 	 	
                BUILDING
                  MATERIALS HOLDING CORPORATION

              
	 	 	 
	               
                	 	                
                
	
                Stanley
                  M.
                  Wilson

              	 	
                By:
                  Robert E.
                  Mellor

              
	 	 	
                Chairman
                  and
                  Chief Executive Officer

              

      

    

     

    
      
         

      

      
        11EMVELCO
      CORP.

    Subscription
      Agreement

    

    EMVELCO
      CORP.

    1061
1⁄2
N.
      Spaulding Ave.

    Los
      Angeles, CA 90046

    

    Gentlemen:

    

    You
      have
      informed the undersigned (the “Purchaser”) that Emvelco Corp., a Delaware
      corporation, (the “Company”) wishes to raise a minimum of Fifty Thousand Dollars
      ($50,000) and a maximum of One Hundred Thousand Dollars ($100,000) from various
      persons by selling up to 100,000 shares of the Company’s Common Stock, $0.001
      par value (the “Shares”), at a price of One Dollar ($1.00) per
      Share.

    

    I
      have
      received, read, and understand the Limited Offering Memorandum dated February
      1,
      2008 (the “Memorandum”). I further understand that my rights and
      responsibilities as a Purchaser will be governed by the terms and conditions
      of
      this Subscription Agreement, the Memorandum and the Shares (the “Share
      Documents”). I understand that you will rely on the following information to
      confirm that I am an “Accredited Investor”, as defined in Regulation D
      promulgated under the Securities Act of 1933, as amended (the “Securities Act”),
      or one of 35 Non-Accredited Investors that will be allowed to purchase Shares
      in
      this Offering (subject to Company approval), and that I am qualified to be
      a
      Purchaser.

    

    This
      Subscription Agreement is one of a number of such subscriptions for Shares.
      By
      signing this Subscription Agreement, I offer to purchase and subscribe from
      the
      Company the number of Shares set forth below on the terms specified herein.
      The
      Company reserves the right, in its complete discretion, to reject any
      subscription offer or to reduce the number of Shares allotted to me. If this
      offer is accepted, the Company will execute a copy of this Subscription
      Agreement and return it to me. I understand that commencing on the date of
      this
      Memorandum all funds received by the Company in full payment of subscriptions
      for Shares will be deposited in an escrow account. The Company has set a minimum
      offering proceeds figure of $50,000 for this Offering. All proceeds from the
      sale of Shares will be delivered directly to the Company and be available for
      its use.

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    

    1.
      Accredited
      Investor.
      I am an
      Accredited Investor because I qualify within one of the following
      categories:

    

    Please
      Check The Appropriate Category

    

    _____
      $1,000,000 Net Worth.

    A
      natural
      person whose individual net worth, or joint net worth with that person’s spouse,
      at the time of his purchase exceeds $1,000,000.

    

    ______________

    Purchaser’s
      Initials

    

    _____
      $200,000/$300,000 Income.

    A
      natural
      person who had an individual income in excess of $200,000 (including
      contributions to qualified employee benefit plans) or joint income with such
      person’s spouse in excess of $300,000 per year in each of the two most recent
      years and who reasonably expects to attain the same individual or joint levels
      of income (including such contributions) in the current year.

    

    _____
      Director or Officer of Issuer.

    Any
      director or executive officer of the Company

    

    _____
      All
      Equity Owners In Entity Are Accredited.

    An
      entity, (i.e. corporation, partnership, trust, IRA, etc.) in which all of the
      equity owners are Accredited Investors as defined herein.

    

    _____
      Corporation.

    A
      corporation not formed for the specific purpose of acquiring the Shares offered,
      with total assets in excess of $5,000,000.

    

    _____
      Other Accredited Investor.

    Any
      natural person or entity which qualifies as an Accredited Investor pursuant
      to
      Rule 501(a) of Regulation D promulgated under the Act; specify basis for
      qualification:

    

    
      
        

      

    

    

    
      
        

      

    
      
        

      

    ______One
      of 35 Non-Accredited Investors that may be allowed to invest in the offering
      

    

    2.
      Representations
      and Warranties.
      I
      represent and warrant to the Company that:

    

    (a)
      I (i)
      have adequate means of providing for my current needs and possible contingencies
      and I have no need for liquidity of my investment in the Shares, (ii) can bear
      the economic risk of losing the entire amount of my investment in Shares, and
      (iii) have such knowledge and experience that I am capable of evaluating the
      relative risks and merits of this investment; (iv) the purchase of Shares is
      consistent, in both nature and amount, with my overall investment program and
      financial condition. 

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (a)  The
      address set forth below is my true and correct residence, and I have no
      intention of
      becoming a resident of any other state or jurisdiction.

    

    (b)  I
      have not utilized the services of a “Purchaser Representative” (as defined
      in  Regulation
      D promulgated under the Securities Act) because I am a sophisticated,
      experienced investor, capable of determining and understanding the risks and
      merits of this investment.

    

    ______________

    Purchaser’s
      Initials

    

    

    (d)
      I
      have received and read, and am familiar with the Share Documents, including
      the
      Memorandum and the forms of certificate for Shares. All documents, records
      and
      books pertaining to the Company and the Shares requested by me, including all
      pertinent records of the Company, financial and otherwise, have been made
      available or delivered to me.

    

    (e)
      I
      have had the opportunity to ask questions of and receive answers from the
      Company’s officers and representatives concerning the Company’s affairs
      generally and the terms and conditions of my proposed investment in the
      Shares.

    

    (f)
      I
      understand the risks implicit in the business of the Company. Among other
      things, I understand that there can be no assurance that the Company will be
      successful in obtaining the funds necessary for its success. If only a fraction
      of the maximum amount of the Offering is raised, the Company may not be able
      to
      expand as rapidly as anticipated, and proceeds from this Offering may not be
      sufficient for the Company’s long term needs.

    

    (g)
      Other
      than as set forth in the Memorandum, no person or entity has made any
      representation or warranty whatsoever with respect to any matter or thing
      concerning the Company and this Offering, and I am purchasing the Shares based
      solely upon my own investigation and evaluation.

    

    (h)  I
      understand that no Shares have been registered under the Securities Act, nor
      have  they
      been
      registered pursuant to the provisions of the securities or other laws of
      applicable jurisdictions. 

    

    (i)
      The
      Shares for which I subscribe are being acquired solely for my own account,
      for
      investment and are not being purchased with a view to or for their resale or
      distribution. In order to induce the Company to sell Shares to me, the Company
      will have no obligation to recognize the ownership, beneficial or otherwise,
      of
      the Shares by anyone but me.

    

    (j)
      I am
      aware of the following:

    

    (i) The
      Shares are a speculative investment which involves a high degree of risk;
      and

    

    (ii) My
      investment in the Shares is not readily transferable; it may not be possible
      for
      me to
      liquidate my investment.

    

    (iii) The
      financial statements of the Company have merely been compiled, and have
      not
      been reviewed or audited.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (iv) There
      are
      substantial restrictions on the transferability of the Shares registered
      under the Securities Act; and

    

    ______________

    Purchaser’s
      Initials

    

    (v) No
      federal or state agency has made any finding or determination as to the
fairness
      of the Shares for public investment nor any recommendation or endorsement
      of the Shares;

    

    (k)
      Except as set forth in the Memorandum, none of the following information has
      ever been represented, guaranteed, or warranted to me expressly or by
      implication, by any broker, the Company, or agents or employees of the
      foregoing, or by any other person:

     

    (i) The
      appropriate or exact length of time that I will be required to hold the
Shares;

    

    (ii) The
      percentage of profit and/or amount or type of consideration, profit, or
loss
      to
      be realized, if any, as a result of an investment in the Shares; or

    

    (iii) That
      the
      past performance or experience of the Company, or associates, agents,
      affiliates, or employees of the Company or any other person, will in
any
      way
      indicate or predict economic results in connection with the purchase
of
      Shares;

    

    (iv) The
      amount of dividends or distributions that the Company will make;

    

    (l)
      I
      have not distributed the Memorandum to anyone, no other person has used the
      Memorandum, and I have made no copies of the Memorandum; and

    

    (m)
      I
      hereby agree to indemnify and hold harmless the Company, its officers,
      directors, and representatives from and against any and all liability, damage,
      cost or expense, including reasonable attorneys fees, incurred on account of
      or
      arising out of:

    

    (i) Any
      inaccuracy in the declarations, representations, and warranties set forth
above;

    

    (ii) The
      disposition of any of the Shares by me which is contrary to the foregoing
declarations,
      representations, and warranties; and

    

    (iii) Any
      action, suit or proceeding based upon (1) the claim that said declarations,
      representations,
      or warranties were inaccurate or misleading or otherwise cause
      for
      obtaining damages or redress from the Company; or (2) the disposition
      of any of the Shares.

    

    (n)
      By
      entering into this Subscription Agreement, I acknowledge that the Company is
      relying on the truth and accuracy of my representations.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    The
      foregoing representation and warranties are true and accurate as of the date
      hereof, shall be true and accurate as of the date of the delivery of the funds
      to the Company and shall survive such delivery. If, in any respect, such
      representations and warranties are not true and accurate prior to delivery
      of
      the funds, I will give written notice of the fact to the Company, specifying
      which representations and warranties are not true and accurate and the reasons
      therefor.

    

    _______________

    Purchaser’s
      Initials

    

    3.  Transferability.
      I
      understand that I may sell or otherwise transfer my Shares only if registered
      under the Securities Act or I provide the Company with an opinion of counsel
      acceptable to the Company to the effect that such sale or other transfer may
      be
      made in absence of registration under the Securities Act. I have no right to
      cause the Company to register the Shares. Any certificates or other documents
      representing my Shares will contain a restrictive legend reflecting this
      restriction, and stop transfer instructions will apply to my
      Shares.

    

    4.   
      Indemnification.
      I
      understand the meaning and legal consequences of the representations and
      warranties contained in Paragraph 2 hereof, and I will indemnify and hold
      harmless the Company, its officers, directors, and representatives involved
      in
      the offer or sale of the Shares to me, as well as each of the managers and
      representatives, employees and agents and other controlling persons of each
      of
      them, from and against any and all loss, damage or liability due to or arising
      out of a breach of any representation or warranty of mine contained in this
      Subscription Agreement.

    

    5.
      Revocation.
      I will
      not cancel, terminate or revoke this Subscription Agreement or any agreement
      made by me hereunder and this Subscription Agreement shall survive my death
      or
      disability.

    

    6.
      Termination
      of Agreement.
      If this
      subscription is rejected by the Company, then this Subscription Agreement shall
      be null and void and of no further force and effect, no party shall have any
      rights against any other party hereunder, and the Company shall promptly return
      to me the funds delivered with this Subscription Agreement.

    

    7.
      Miscellaneous.

    

    (a)
      This
      Subscription Agreement shall be governed by and construed in accordance with
       the
      substantive law of the State of California.

    

    (b)
      This
      Subscription Agreement constitutes the entire agreement between the parties
       hereto
      with respect to the subject matter hereof and may be amended only in writing
       and
      executed by all parties.

    

    8.
      Ownership
      Information.
      Please
      print here the total number of Shares to be purchased, and the exact name(s)
      in
      which the Shares will be registered.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Total
      Shares:_________________

     

    Name(s):_____________________________________________________________

    _____
      Single Person

    _____
      Husband and Wife, as community property

    _____
      Joint Tenants (with right of survivorship)

    _____
      Tenants in Common

    _____
      A
      Married Person as separate property

    _____
      Corporation or other organization

    _____
      A
      Partnership

    _____
      Trust

    _____
      IRA

    _______________

    Purchaser’s
      Initials

    

    _____
      Tax-Qualified Retirement Plan

    (i)
      Trustee(s)/ Custodian_________________________________________

    (ii)
      Trust Date_________________________________________________

    (iii)
      Name of Trust_____________________________________________

    (iv)
      For
      the Benefit of___________________________________________

    

    _____
      Other:________________________________________________________

    (please
      explain)

    

    Social
      Security or Tax I.D.#:____________________________________________

    

    Residence
      Address:

    

    _____________________________________________________________________

    Street
      Address

    _____________________________________________________________________

    City
      State Zip

     

    Mailing
      Address: (Complete only if different from residence)

    

    _____________________________________________________________________

    Street
      Address (If P.O. Box, include address for surface delivery if different
      than

    residence)

    

    _____________________________________________________________________

    City
      State Zip

    

    Phone
      Numbers

    

    Home:
      (_______)_____________________

    Business:
      (_______)___________________

    Facsimile:
      (_______)___________________

    

    _______________

    Purchaser’s
      Initials

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    9.
      Date
      and Signatures.
      Dated
      ______________________________, 2008.

    

    

    
      	
            	 	
            
	 Signatures 	 	
              Purchaser
                Name (Print)

            
	 	 	 
	
            	 	
            
	 	 	 
	 	 	 
	
            	 	
            
	(Each co-owner or joint
              owner must
              sign - Names must be signed exactly as listed under “Purchaser
              Name”)
	 	 	 
	 	 	 
	ACCEPTED:	 	 
	 	 	 
	EMVELCO CORP.	 	 
	 	 	 
	 	 	 
	By:  ____________________________________	 	Dated: ___________________________,
              2008
	
              YOSSI
                ATTIA

              President

            	 	 
	 	 	 

    

    

    

    _______________

    Purchaser’s
      Initials

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EMVELCO
      CORP. 

    Investor
      Suitability Questionnaire

    

    

    To:
      Prospective purchasers of Shares of Common Stock (the “Shares”) offered by
      EMVELCO CORP. (the “Company”).

    

    The
      Purpose of this Questionnaire is to solicit certain information regarding your
      financial status to determine whether you are an “Accredited Investor,” as
      defined under applicable federal and state securities laws, and otherwise meet
      the suitability criteria established by the Company for purchasing Shares.
      This
      questionnaire is not an offer to sell securities.

    

    Your
      answers will be kept as confidential as possible. You agree, however, that
      this
      Questionnaire may be shown to such persons as the Company deems appropriate
      to
      determine your eligibility as an Accredited Investor or to ascertain your
      general suitability for investing in the Shares.

    

    Please
      answer all questions completely and execute the signature
      page

    

    A.
      Personal

    

    1.
      Name:___________________________________________________

    

    2.
      Address of Principal Residence:_________________________________

     

    ___________________________________________
      County:__________

    

    3.
      Residence Telephone: (______)_____________________

    

    4.
      Where
      are you registered to vote?________________________________

    

    5.
      Your
      driver’s license is issued by the following state:_________________

    

    6.
      Other
      Residences or Contacts: Please identify any other state where you own a
 residence,
      are registered to vote, pay income taxes, hold a driver’s license or have any
 other
      contacts, and describe your connection with such state:

    

    ___________________________________________________________

    

    ___________________________________________________________

    

    7.
      Please
      send all correspondence to:

    

    (1)_____
      Residence Address (as set forth in item A-2)

     

    (2)_____
      Business Address (as set forth in item B-1)

    

    8.
      Date
      of Birth:_________________________________________________

    

    9.
      Citizenship:___________________________________________________

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    10.
      Social Security or Tax I.D. #:_____________________________________

    

    

    B.
      Occupations and Income

    

    1.
      Occupation:____________________________________________

    

    (a)
      Business Address:_________________________________

     

    __________________________________________________

    

    (b)
      Business Telephone Number: (______)_________________

    

    2.
      Gross
      income during each of the last two years exceeded:

    

    (1)_____$25,000
      (2)_____$50,000

    

    (3)_____$100,000
      (4)_____$200,000

    

    3.
      Joint
      gross income with spouse during each of the last two years exceeded
      $100,000

    

    (1)_____Yes
      (2)_____No

    

    4.
      Estimated gross income during current year exceeds:

    

    (1)_____$25,000
      (2)_____$50,000

    

    (3)_____$100,000
      (4)_____$200,000

    

    5.
      Estimated joint gross income with spouse during current year exceeds
      $300,000

    

    (1)_____Yes
      (2)_____No

    

    C.
      Net Worth

    

    1.
      Current net worth or joint net worth with spouse (note that “net worth” includes
      all of the assets owned by you and your spouse in excess of total liabilities,
      including the fair market value, less any mortgage, of your principal
      residence.)

    

    (1)_____$50,000-$100,000
      (2)_____$100,000-$250,000 (3)_____$250,000-$500,000

     

    (4)_____$500,000-$750,000
      (5)_____$750,000-$1,000,000 (6)_____over $1,000,000

    

    2.
      Current value of liquid assets (cash, freely marketable securities, cash
      surrender value of life insurance policies, and other items easily convertible
      into cash) is sufficient to provide for current needs and possible personal
      contingencies:

    

    (1)_____Yes
      (2)_____No

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    D.
      Affiliation with the Company

    

    Are
      you a
      director or executive officer of the Company?

    

    (1)_____Yes
      (2)_____No

    

    E.
      Investment Percentage of Net Worth

    

    If
      you
      expect to invest at least $100,000 in Shares, does your total purchase price
      exceed 10% of your net worth at the time of sale, or joint net worth with your
      spouse.

    

    (1)_____Yes
      (2)_____No

    

    F.
      Consistent Investment Strategy

    

    Is
      this
      investment consistent with your overall investment strategy?

    

    (1)_____Yes  
      (2)_____No

    

    G.
      Prospective Investor’s Representations

    

    The
      information contained in this Questionnaire is true and complete, and the
      undersigned understands that the Company and its counsel will rely on such
      information for the purpose of complying with all applicable securities laws
      as
      discussed above. The undersigned agrees to notify the Company promptly of any
      change in the foregoing information which may occur prior to any purchase by
      the
      undersigned of securities from the Company.

    

    Prospective
      Investor:

    

    

    __________________________________
      Date:________________, 2008

    Signature

    

    

    __________________________________

    Signature
      (of joint purchase if purchase is to be 

    made
      as
      joint tenants or as tenants in common)

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