Document:

EXHIBIT
10.02

CERIDIAN CORPORATION

2004
LONG-TERM STOCK INCENTIVE PLAN

Restricted Stock Award Agreement

(Non-employee
Director Board Chair:  Retainer
Restricted Share Award)

THIS AGREEMENT between
you, [NAME], the Chair of the Board of
Directors of Ceridian Corporation, a Delaware corporation (the “Company”), and
the Company, is effective as of [GRANT DATE]
(the “Date of Grant”) and evidences the grant of a Restricted Stock award
pursuant to the Ceridian Corporation 2004 Long-Term Stock Incentive Plan, as amended
(the “Plan”).  Any capitalized term used
in this Agreement which is defined in the Plan shall have the same meaning as
set forth in the Plan, unless otherwise defined herein.

1.             Award.  Effective as of the
Date of Grant, the Company has granted to you [NUMBER OF
SHARES] shares of the Company’s common stock, par value $0.01 per
share (“Common Stock”), subject to the terms and conditions set forth in this
Agreement and the Plan (the “Awarded Shares”).

2.             Restrictions on
Transferability.  Awarded Shares may not be sold,
transferred, assigned, pledged or otherwise used as collateral by you unless
and until, and then only to the extent that, (a) the Awarded Shares shall have
vested pursuant to Section 4 or 6 hereof and (b) your services as a member of
the Board of Directors of the Company have terminated.

3.             Book-Entry
Registration.  Ownership
of Awarded Shares which are subject to restrictions on transferability shall
not be evidenced by a stock certificate, but rather shall be evidenced by an
entry in a certificateless book-entry stock account maintained by the Company’s
transfer agent for its Common Stock (the “Transfer Agent”) or another custodian
designated by the Company.  You will
receive written notification from the Company of when all or a portion of your
Awarded Shares are no longer subject  to
restrictions on transferability pursuant to Section 2 hereof, and you will
receive instructions on how you may transfer or obtain a stock certificate for
your unrestricted shares.  To facilitate
the transfer to the Company of any Awarded Shares that you might subsequently
forfeit in accordance with the terms of this Agreement, you agree to sign and
promptly return to the Company with a signed copy of this Agreement such stock
power(s) as the Company may request.

4.             Vesting of Awarded
Shares.  Subject
to Sections 5 and 6 of this Agreement, the Awarded Shares will vest pro rata
over the calendar year in which the Date of Grant for the Awarded Shares
occurred (“Issuance Year”) or, if you are elected Chair of the Board of
Directors of the Company (“Board Chair”) during an Issuance Year, the Awarded
Shares will vest pro rata over the remainder of the Issuance Year.

5.             Termination of Service.  If you cease to be
Board Chair for any reason prior to December 31 of the Issuance Year and a
Change of Control (as defined in Section 6 of this Agreement), a portion of the
Awarded Shares shall immediately be forfeited to the Company.  If you

were Board Chair as of
the beginning of the Issuance Year, the portion of the Awarded Shares subject
to forfeiture shall be determined by multiplying the number of Awarded Shares
by a fraction, the numerator of which is the number of days remaining in the
Issuance Year after the date you cease to be Board Chair and the denominator of
which is 365, rounded down to the nearest whole share.  If you had become Board Chair during the
Issuance Year, the portion of the Awarded Shares subject to forfeiture shall be
determined by multiplying the number of Awarded Shares by a fraction, the
numerator of which is the number of days remaining in the Issuance Year after the
date you cease to be Board Chair and the denominator of which is 365 less the
total number of days from the beginning of the Issuance Year to the date you
became Board Chair, rounded down to the nearest whole share.

6.             Impact of a Change of Control.  If a Change of Control occurs, all unvested Awarded
Shares will immediately and fully vest, but shall remain subject to the restrictions
on transferability set forth in Section 2 of this Agreement until your service
as a member of the Board of Directors of the Company has terminated.  For
purposes of this Agreement, a “Change of Control” shall mean the first of the
following events to occur:

(a)           there is consummated a merger or
consolidation to which the Company  or
any direct or indirect subsidiary of the Company  is a party if the merger or consolidation
would result in the voting securities of the Company outstanding immediately
prior to such merger or consolidation continuing to represent (either by
remaining outstanding or by being converted into voting securities of the
surviving entity or any parent thereof) less than 60% of the combined voting
power of the securities of the Company or such surviving entity or any parent
thereof outstanding immediately after such merger or consolidation; or

(b)           the direct or indirect beneficial
ownership (as defined in Rule 13d-3 under the Securities Exchange Act of 1934,
as amended (the “Exchange Act”)) in the aggregate of securities of the Company
representing 20% or more of the total combined voting power of the Company’s
then issued and outstanding securities is acquired by any person or entity or
group of associated persons or entities acting in concert; provided, however,
that for purposes hereof, the following acquisitions shall not constitute a
Change of Control: (1) any acquisition by the Company or any of its
subsidiaries, (2) any acquisition directly from the Company or any of its
subsidiaries, (3) any acquisition by any employee benefit plan (or related
trust or fiduciary) sponsored or maintained by the Company or any corporation
controlled by the Company, (4) any acquisition by an underwriter temporarily
holding securities pursuant to an offering of such securities, (5) any
acquisition by a corporation owned, directly or indirectly, by the stockholders
of the Company in substantially the same proportions as their ownership of
stock of the Company, (6) any acquisition in connection with which, pursuant to
Rule 13d-1 promulgated pursuant to the Exchange Act, the individual, entity or
group is permitted to, and actually does, report its beneficial ownership on
Schedule 13G (or any successor Schedule); provided that, if any such
individual, entity or group subsequently becomes required to or does report its
beneficial ownership on Schedule 13D (or any successor Schedule), then, for
purposes of this paragraph, such individual, entity or group shall be deemed to
have first acquired, on the first date on which such individual, entity or
group becomes required to or does so report, beneficial ownership of all of the

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voting
securities of the Company beneficially owned by it on such date, and (7) any
acquisition in connection with a merger or consolidation which, pursuant to
paragraph (a) above, does not constitute a Change of Control; or

(c)           there is consummated a transaction
contemplated by an agreement for the sale or disposition by the Company of all
or substantially all of the Company’s assets, other than a sale or disposition
by the Company of all or substantially all of the Company’s assets to an
entity, at least 60% of the combined voting power of the voting securities of
which are owned by stockholders of the Company in substantially the same
proportions as their ownership of the Company immediately prior to such sale;
or

(d)           the stockholders of the Company
approve any plan or proposal for the liquidation of the Company; or

(e)           a change in the composition of the
Board such that the “Continuity Directors” cease for any reason to constitute
at least a majority of the Board.  For
purposes of this clause, “Continuity Directors” means those members of the
Board who either (i) were directors on January 1, 2006, or (ii) were elected
by, or on the nomination or recommendation of, at least a two-thirds (2/3) majority
of the then-existing Board (other than a director whose initial assumption of
office was in connection with an actual or threatened election contest,
including but not limited to a consent solicitation, relating to the election
of directors of the Company); or

(f)            such
other event or transaction as the Board shall determine constitutes a Change of
Control.

7.             Rights with Respect
to the Awarded Shares.  With respect
to the Awarded Shares, you shall be entitled to exercise the rights of a
shareholder of Common Stock of the Company, including the right to vote the
Awarded Shares and the right to receive dividends thereon as provided in
Section 8 of this Agreement, unless and until the Awarded Shares are forfeited
pursuant to Section 5 hereof.  Your rights
with respect to the Awarded Shares shall remain forfeitable at all times prior
to the date or dates on which the Awarded Shares vest in accordance with
Sections 4 or 6 hereof.

8.             Dividends and
Distributions.  If
there is any change in the number or character of the Common Stock of the
Company (through any stock dividend or other distribution, recapitalization,
stock split, reverse stock split, reorganization, merger, consolidation
split-up, spin-off, combination, repurchase or exchange of shares or otherwise),
you shall then receive upon such vesting the number and type of securities or
other consideration which you would have received if such Awarded Shares had
vested prior to the event changing the number or character of the outstanding
Common Stock.  Any additional shares of
Common Stock, any other securities of the Company and any other property
(including cash dividends or other cash distributions) distributed with respect
to the Awarded Shares prior to the date the Awarded Shares vest and become free
of restrictions on transferability shall be subject to the same restrictions,
terms and conditions as the Awarded Shares to which they relate, shall be
promptly deposited with the Transfer Agent or another custodian

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designated by the Company
and shall be distributed to you at the same time the Awarded Shares become free
of restrictions on transferability.

9.             Subject to Plan.  The Award and the Awarded Shares granted and
issued pursuant to this Agreement have been granted and issued under, and are
subject to the terms of, the Plan.  The
terms of the Plan are incorporated by reference in this Agreement in their
entirety, and by execution of this Agreement, you acknowledge having received a
copy of the Plan.  The provisions of this
Agreement will be interpreted as to be consistent with the Plan, and any
ambiguities in this Agreement will be interpreted by reference to the
Plan.  In the event that any provision of
this Agreement is inconsistent with the terms of the Plan, the terms of the
Plan will prevail.

10.           Governing Law.  The validity, construction,
interpretation, administration and effect of this Agreement will be governed by
and construed exclusively in accordance with the laws of the State of Delaware,
without regard to its conflicts of law principles.

11.           Successors and Assigns.  This
Agreement will be binding upon and inure to the benefit of the successors and
permitted assigns of you and the Company.

[The Remainder of
the Page Left Intentionally Blank]

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In Witness
Whereof, you and Ceridian Corporation have executed this Agreement as of the
Date of Grant.

CERIDIAN CORPORATION

	
  By

  	
   

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  	
  [NAME]

  
	
  Its:

  	
   

  	
   

  	
   

  
	
   

  	
  Participant’s
  Mailing Address

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Version:
  4/27/2007

  	
   

  
						

 

 5Exhibit 10.1

BOISE CASCADE, L.L.C.

Annual Incentive Award
Notification

Corporate

Chief
Executive Officer

This Annual
Incentive Award  Notification (“Notification”) is granted on March 31, 2007, by
Boise Cascade, L.L.C. (“Boise”) to William Thomas Stephens (“Awardee” or “you”)
pursuant to the Boise Incentive and Performance Plan (the “Plan”) and pursuant
to the following terms:

1.                                       Any payment (“Award”) made under this Notification
and the Plan is subject to all the terms and conditions of the Plan.  An Award is not earned until paid.

2.                                       For
purposes of this Award, the following terms shall have the meanings stated
below.  All capitalized terms not defined
in this Notification shall have the meaning stated in the Plan.

2.1.                              “Award
Period” means the 2007 calendar year.

2.2.                              “Base
Salary” means your annual pay rate in effect at the end of the Award Period,
without taking into account (a) any amounts deferred pursuant to an election
under any 401(k) plan, pre-tax premium plan, deferred compensation plan, or
flexible spending account sponsored by Boise during the Award Period, (b) any
incentive compensation, employee benefit, or other cash benefit paid or
provided under any retention, incentive, bonus or employee benefit plan
sponsored by Boise, and (c) any excellence award, gains upon stock option
exercises, restricted stock grants or vesting, moving or travel expense
reimbursement, imputed income, or tax gross-ups, without regard to whether the
payment or gain is taxable income to you.

2.3.                              “Incentive
Cash Flow” means EBITDA (earnings before interest, taxes, and non-cash items
such as depreciation, depletion, and amortization), adjusted for non-cash
long-term compensation, less a charge for working capital.  The charge for working capital is 9% per year
(0.75% per month) times the working capital balance (excluding cash).

2.4.                              “Incentive
Compensation Cap” means the total dollar amount allowable for all company-wide
incentive plan awards (including all divisions and business units), as
established by Boise and approved by the Board. 
The total aggregate awards of all incentive plans, whether paid
quarterly or annually, are subject to the Incentive Compensation Cap.  If the Cap is exceeded, all awards are
reduced pro rata.  The attached chart
identifies Incentive Compensation Cap amounts for specified levels of
EBITDA.  For this purpose, EBITDA means
the EBITDA dollar amount set out in Boise’s Form 10-K, taking into
account any adjustments deemed appropriate by the Board.

2.5.                              “Safety”
means the recordable incident rate for Boise, including international
operations.

3.                                       Your
target award percentage is 65% of your Base Salary.

4.                                       The
Performance Goals applicable to your Award are corporate Incentive Cash Flow,
Safety, and discrete performance objectives as may be determined as part of
your work plan outlined by your supervisor. 
All Performance Goal calculations, including Base Salary, corporate
Incentive Cash Flow, Incentive Compensation Cap, Safety, and any other
performance objectives, shall be made by Boise, in its sole discretion.  Your Award will be determined as follows:

4.1.                              Corporate Incentive Cash Flow.  Target corporate Incentive Cash Flow has been
established.  Boise will determine actual
corporate Incentive Cash Flow and, using the attached payout chart, a payout
multiple will be identified.  Your Base
Salary will be multiplied by your target award percentage, and the resulting
number will be multiplied by the identified corporate Incentive Cash Flow
payout multiple to reach the amount of the Award.

4.2.                              Safety Adjustment. 
Your target award amount may be adjusted based on Safety results, as
follows.  The target recordable incident
rate is 2.2.  Boise will determine the
actual recordable incident rate.  If the
actual recordable incident rate is greater than target, the amount of the
target award amount calculated pursuant to Section 4.1 will be reduced by
10%.  If the actual recordable incident
rate is less than or equal to target, no reduction for Safety will apply.

4.3.                              Incentive Compensation Cap Adjustment.  The target award amount will also be
adjusted, on a pro rata basis, based on the Incentive Compensation Cap funds
available for the Award Period.

4.4.                              Additional Adjustments. 
Your supervisor may recommend increasing or decreasing your target award
amount by up to 50% based on your performance relative to the work plan
outlined with your supervisor. 
Notwithstanding your Performance Goals and any supervisor
recommendation, Boise and/or the Committee reserve the right to adjust or
eliminate the target award amount, at any time until paid, in their sole and
absolute discretion, whether or not your Performance Goals have been met.  Such adjustment or elimination shall be based
upon such factors as Boise or the Committee deems relevant to its
determination.

4.5.                              General Terms.  Payout
multiples between numbers indicated on the chart will be calculated using
straight-line interpolation.  Your Award
is capped at 2.25 times your target award percentage.

5.                                       This
Award, if any, will be paid in cash or other method of delivering comparable
value no later than March 15, 2008.

6.                                       If
you terminate employment before December 31, 2007, the determination of your
Award, if any, will be treated in accordance with the Plan and in such manner
as determined by the Committee.  If you terminate
employment after December 31, 2007, and before an Award is paid, other
than as described in Section 7(a) of the Plan, whether voluntarily or
involuntarily, with or without cause, you may or may not be eligible to receive
an Award for the Award Period, as determined by Boise in its sole and absolute
discretion.

7.                                       If
any provision of this Notification or the Plan is held to be illegal or invalid
for any reason, such illegality or invalidity shall not affect the remaining
parts of the Notification and Plan, and they shall be construed and enforced as
if the illegal or invalid provision were not included.

8.                                       You
shall have no power or right to transfer, assign, anticipate, pledge,
hypothecate, or otherwise encumber all or any part of any amount which may be
paid to you under this Notification and the Plan.

[Graphics]

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BOISE CASCADE, L.L.C.

Annual Incentive Award
Notification

Corporate

Senior
Vice President

This Annual
Incentive Award  Notification (“Notification”) is granted on March 31, 2007, by
Boise Cascade, L.L.C. (“Boise”) to Tom Carlile (“Awardee” or “you”) pursuant to
the Boise Incentive and Performance Plan (the “Plan”) and pursuant to the
following terms:

1.                                       Any payment (“Award”) made under this Notification
and the Plan is subject to all the terms and conditions of the Plan.  An Award is not earned until paid.

2.                                       For
purposes of this Award, the following terms shall have the meanings stated
below. All capitalized terms not defined in this Notification shall have the
meaning stated in the Plan.

2.1.                              “Award
Period” means the 2007 calendar year.

2.2.                              “Base
Salary” means your annual pay rate in effect at the end of the Award Period,
without taking into account (a) any amounts deferred pursuant to an election
under any 401(k) plan, pre-tax premium plan, deferred compensation plan, or
flexible spending account sponsored by Boise during the Award Period, (b) any
incentive compensation, employee benefit, or other cash benefit paid or
provided under any retention, incentive, bonus or employee benefit plan sponsored
by Boise, and (c) any excellence award, gains upon stock option exercises,
restricted stock grants or vesting, moving or travel expense reimbursement,
imputed income, or tax gross-ups, without regard to whether the payment or gain
is taxable income to you.

2.3.                              “Incentive
Cash Flow” means EBITDA (earnings before interest, taxes, and non-cash items
such as depreciation, depletion, and amortization), adjusted for non-cash
long-term compensation, less a charge for working capital.  The charge for working capital is 9% per year
(0.75% per month) times the working capital balance (excluding cash).

2.4.                              “Incentive
Compensation Cap” means the total dollar amount allowable for all company-wide
incentive plan awards (including all divisions and business units), as
established by Boise and approved by the Board. 
The total aggregate awards of all incentive plans, whether paid
quarterly or annually, are subject to the Incentive Compensation Cap.  If the Cap is exceeded, all awards are
reduced pro rata.  The attached chart
identifies Incentive Compensation Cap amounts for specified levels of
EBITDA.  For this purpose, EBITDA means
the EBITDA dollar amount set out in Boise’s Form 10-K, taking into
account any adjustments deemed appropriate by the Board.

2.5.                              “Safety”
means the recordable incident rate for Boise, including international
operations.

3.                                       Your
target award percentage is 65% of your Base Salary.

4.                                       The
Performance Goals applicable to your Award are corporate Incentive Cash Flow,
Safety, and discrete performance objectives as may be determined as part of
your work plan outlined by your supervisor. 
All Performance Goal calculations, including Base Salary, corporate
Incentive Cash Flow, Incentive Compensation Cap, Safety, and any other
performance objectives, shall be made by Boise, in its sole discretion.  Your Award will be determined as follows:

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4.1.                              Corporate Incentive Cash Flow.  Target corporate Incentive Cash Flow has been
established.  Boise will determine actual
corporate Incentive Cash Flow and, using the attached payout chart, a payout
multiple will be identified.  Your Base
Salary will be multiplied by your target award percentage, and the resulting
number will be multiplied by the identified corporate Incentive Cash Flow
payout multiple to reach the amount of the Award.

4.2.                              Safety Adjustment. 
Your target award amount may be adjusted based on Safety results, as
follows.  The target recordable incident
rate is 2.2.  Boise will determine the
actual recordable incident rate.  If the
actual recordable incident rate is greater than target, the amount of the
target award amount calculated pursuant to Section 4.1 will be reduced by
10%.  If the actual recordable incident
rate is less than or equal to target, no reduction for Safety will apply.

4.3.                              Incentive Compensation Cap Adjustment.  The target award amount will also be
adjusted, on a pro rata basis, based on the Incentive Compensation Cap funds
available for the Award Period.

4.4.                              Additional Adjustments. 
Your supervisor may recommend increasing or decreasing your target award
amount by up to 50% based on your performance relative to the work plan
outlined with your supervisor. 
Notwithstanding your Performance Goals and any supervisor
recommendation, Boise and/or the Committee reserve the right to adjust or
eliminate the target award amount, at any time until paid, in their sole and
absolute discretion, whether or not your Performance Goals have been met.  Such adjustment or elimination shall be based
upon such factors as Boise or the Committee deems relevant to its
determination.

4.5.                              General Terms.  Payout
multiples between numbers indicated on the chart will be calculated using
straight-line interpolation.  Your Award
is capped at 2.25 times your target award percentage.

5.                                       This
Award, if any, will be paid in cash or other method of delivering comparable
value no later than March 15, 2008.

6.                                       If
you terminate employment before December 31, 2007, the determination of your
Award, if any, will be treated in accordance with the Plan and in such manner as
determined by the Committee.  If you
terminate employment after December 31, 2007, and before an Award is paid,
other than as described in Section 7(a) of the Plan, whether voluntarily
or involuntarily, with or without cause, you may or may not be eligible to
receive an Award for the Award Period, as determined by Boise in its sole and
absolute discretion.

7.                                       If
any provision of this Notification or the Plan is held to be illegal or invalid
for any reason, such illegality or invalidity shall not affect the remaining
parts of the Notification and Plan, and they shall be construed and enforced as
if the illegal or invalid provision were not included.

8.                                       You
shall have no power or right to transfer, assign, anticipate, pledge,
hypothecate, or otherwise encumber all or any part of any amount which may be
paid to you under this Notification and the Plan.

[Graphics]

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BOISE CASCADE, L.L.C.

Annual Incentive Award
Notification

Paper, Packaging & Newsprint

Executive
Vice President

This Annual
Incentive Award  Notification (“Notification”) is granted on March 31, 2007, by
Boise Cascade, L.L.C. (“Boise”) to Alexander Toeldte (“Awardee” or “you”)
pursuant to the Boise Incentive and Performance Plan (the “Plan”) and pursuant
to the following terms:

1.                                       Any payment (“Award”) made under this Notification
and the Plan is subject to all the terms and conditions of the Plan.  An Award is not earned until paid.

2.                                       For
purposes of this Award, the following terms shall have the meanings stated
below.  All capitalized terms not defined
in this Notification shall have the meaning stated in the Plan.

2.1.                              “Award
Period” means the 2007 calendar year.

2.2.                              “Base
Salary” means your annual pay rate in effect at the end of the Award Period,
without taking into account (a) any amounts deferred pursuant to an election
under any 401(k) plan, pre-tax premium plan, deferred compensation plan, or
flexible spending account sponsored by Boise during the Award Period, (b) any
incentive compensation, employee benefit, or other cash benefit paid or provided
under any retention, incentive, bonus or employee benefit plan sponsored by
Boise, and (c) any excellence award, gains upon stock option exercises,
restricted stock grants or vesting, moving or travel expense reimbursement,
imputed income, or tax gross-ups, without regard to whether the payment or gain
is taxable income to you.

2.3.                              “Incentive
Cash Flow” means EBITDA (earnings before interest, taxes, and non-cash items
such as depreciation, depletion, and amortization), adjusted for non-cash
long-term compensation, less a charge for working capital.  The charge for working capital is 9% per year
(0.75% per month) times the working capital balance (excluding cash).  Incentive Cash Flow may be calculated at a
corporate, division, or location level.

2.4.                              “Incentive
Compensation Cap” means the total dollar amount allowable for all company-wide
incentive plan awards (including all divisions and business units), as
established by Boise and approved by the Board. 
The total aggregate awards of all incentive plans, whether paid
quarterly or annually, are subject to the Incentive Compensation Cap.  If the Cap is exceeded, all awards are
reduced pro rata.  The attached chart
identifies Incentive Compensation Cap amounts for specified levels of
EBITDA.  For this purpose, EBITDA means
the EBITDA dollar amount set out in Boise’s Form 10-K, taking into
account any adjustments deemed appropriate by the Board.

2.5.                              “Safety”
means the recordable incident rate for Boise, including international
operations.

3.                                       Your
target award percentage is 65% of your Base Salary.

4.                                       The
Performance Goals applicable to your Award are corporate Incentive Cash Flow,
Paper Incentive Cash Flow, Packaging and Newsprint Incentive Cash Flow, Safety,
and discrete performance objectives as may be determined as part of your work
plan outlined by your supervisor.  All
Performance Goal calculations, including Base Salary, corporate Incentive Cash
Flow, Paper Incentive Cash Flow, Packaging and Newsprint Incentive Cash Flow,
Incentive Compensation Cap, Safety, and any other performance objectives, shall
be made by Boise, in its

 5
 

sole discretion.  Your Award will be determined as follows:

4.1.                              Corporate Incentive Cash Flow.  25% of your Award will be based on corporate
Incentive Cash Flow.  Target corporate
Incentive Cash Flow has been established. 
Boise will determine actual corporate Incentive Cash Flow and, using the
attached payout chart, a payout multiple will be identified.  To calculate the corporate Incentive Cash
Flow portion of the payout, your Base Salary will be multiplied by your target
award percentage; that result will then be multiplied by the identified
corporate Incentive Cash Flow payout multiple; and that result will be
multiplied by 25%.

4.2.                              Paper Incentive Cash Flow. 
50% of your Award will be based on Paper Incentive Cash Flow.  Target Paper Incentive Cash Flow has been
established.  Boise will determine actual
Paper Incentive Cash Flow and, using the attached payout chart, a payout
multiple will be identified.  To
calculate the Paper Incentive Cash Flow portion of the payout, your Base Salary
will be multiplied by your target award percentage; that result will then be
multiplied by the identified Paper Incentive Cash Flow payout multiple; and
that result will be multiplied by 50%.

4.3.                              Packaging and Newsprint Incentive Cash Flow.  25% of your Award will be based on Packaging
and Newsprint Incentive Cash Flow. 
Target Packaging and Newsprint Incentive Cash Flow has been established.  Boise will determine actual Packaging and
Newsprint Incentive Cash Flow and, using the attached payout chart, a payout
multiple will be identified.  To
calculate the Packaging and Newsprint Incentive Cash Flow portion of the
payout, your Base Salary will be multiplied by your target award percentage;
that result will then be multiplied by the identified Packaging and Newsprint
Incentive Cash Flow payout multiple; and that result will be multiplied by 25%.

4.4.                              Safety Adjustment. 
Your target award amount may be adjusted based on Safety results, as
follows.  The target recordable incident
rate is 2.2.  Boise will determine the
actual recordable incident rate.  If the
actual recordable incident rate is greater than target, the aggregate amount of
the target award amount calculated pursuant to Sections 4.1, 4.2, and 4.3
will be reduced by 10%.  If the actual
recordable incident rate is less than or equal to target, no reduction for
Safety will apply.

4.5.                              Incentive Compensation Cap Adjustment.  The target award amount will also be
adjusted, on a pro rata basis, based on the Incentive Compensation Cap funds
available for the Award Period.

4.6.                              Additional Adjustments. 
Your supervisor may recommend increasing or decreasing your target award
amount by up to 50% based on your performance relative to the work plan outlined
with your supervisor.  Notwithstanding
your Performance Goals and any supervisor recommendation, Boise and/or the
Committee reserve the right to adjust or eliminate the target award amount, at
any time until paid, in their sole and absolute discretion, whether or not your
Performance Goals have been met.  Such
adjustment or elimination shall be based upon such factors as Boise or the
Committee deems relevant to its determination.

4.7.                              General Terms.  Payout
multiples between numbers indicated on the chart will be calculated using
straight-line interpolation.  Your Award
is capped at 2.25 times your target award percentage.

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5.                                       This
Award, if any, will be paid in cash or other method of delivering comparable
value no later than March 15, 2008.

6.                                       If
you terminate employment before December 31, 2007, the determination of your
Award, if any, will be treated in accordance with the Plan and in such manner
as determined by the Committee.  If you
terminate employment after December 31, 2007, and before an Award is paid,
other than as described in Section 7(a) of the Plan, whether voluntarily
or involuntarily, with or without cause, you may or may not be eligible to
receive an Award for the Award Period, as determined by Boise in its sole and
absolute discretion.

7.                                       If
any provision of this Notification or the Plan is held to be illegal or invalid
for any reason, such illegality or invalidity shall not affect the remaining
parts of the Notification and Plan, and they shall be construed and enforced as
if the illegal or invalid provision were not included.

8.                                       You
shall have no power or right to transfer, assign, anticipate, pledge,
hypothecate, or otherwise encumber all or any part of any amount which may be
paid to you under this Notification and the Plan.

[Graphics]

 7
 

BOISE CASCADE, L.L.C.

Annual Incentive Award
Notification

Building Materials Distribution

Senior
Vice President

This Annual
Incentive Award  Notification (“Notification”) is granted on March 31, 2007, by
Boise Cascade, L.L.C. (“Boise”) to Stanley Bell (“Awardee” or “you”) pursuant
to the Boise Incentive and Performance Plan (the “Plan”) and pursuant to the
following terms:

1.                                       Any payment (“Award”) made under this Notification
and the Plan is subject to all the terms and conditions of the Plan.  An Award is not earned until paid.

2.                                       For
purposes of this Award, the following terms shall have the meanings stated
below.  All capitalized terms not defined
in this Notification shall have the meaning stated in the Plan.

2.1.                              “Award
Period” means the 2007 calendar year.

2.2.                              “Base
Salary” means your annual pay rate in effect at the end of the Award Period,
without taking into account (a) any amounts deferred pursuant to an election
under any 401(k) plan, pre-tax premium plan, deferred compensation plan, or
flexible spending account sponsored by Boise during the Award Period, (b) any
incentive compensation, employee benefit, or other cash benefit paid or
provided under any retention, incentive, bonus or employee benefit plan
sponsored by Boise, and (c) any excellence award, gains upon stock option
exercises, restricted stock grants or vesting, moving or travel expense
reimbursement, imputed income, or tax gross-ups, without regard to whether the
payment or gain is taxable income to you.

2.3.                              “Corporate
Incentive Cash Flow” means corporate EBITDA (earnings before interest, taxes,
and non-cash items such as depreciation, depletion, and amortization), adjusted
for non-cash long-term compensation, less a charge for working capital.  The charge for working capital is 9% per year
(0.75% per month) times the working capital balance (excluding cash).

2.4.                              “Division
EBITDA” means earnings before interest, taxes, and non-cash items such as
depreciation, depletion, and amortization, adjusted for non-cash long-term
compensation.

2.5.                              “Incentive
Compensation Cap” means the total dollar amount allowable for all company-wide
incentive plan awards (including all divisions and business units), as
established by Boise and approved by the Board. 
The total aggregate awards of all incentive plans, whether paid
quarterly or annually, are subject to the Incentive Compensation Cap.  If the Cap is exceeded, all awards are
reduced pro rata.  The attached chart
identifies Incentive Compensation Cap amounts for specified levels of
EBITDA.  For this purpose, EBITDA means
the EBITDA dollar amount set out in Boise’s Form 10-K, taking into
account any adjustments deemed appropriate by the Board.

2.6.                              “PRONWC”
means Pre-tax Return on Net Working Capital, which is calculated as Net Income
divided by Average Net Working Capital. 
For purposes of calculating PRONWC:

2.6.1.                  “Net Income”
means net operating income (loss) for the division, as shown on the division’s
income statement.

 8
 

2.6.2.                     “Average Net
Working Capital” means a 13 month average of net working capital for the
division.  The 13 months used are the 12
months during the Award Period, plus the month of December 2006.

2.7.                              “Safety”
means the recordable incident rate for Boise, including international
operations.

3.                                       Your
target award percentage is 55% of your Base Salary.

4.                                       The
Performance Goals applicable to your Award are Corporate Incentive Cash Flow,
Division EBITDA, PRONWC, Safety, and discrete performance objectives as may be
determined as part of your work plan outlined by your supervisor.  All Performance Goal calculations, including
Base Salary, Corporate Incentive Cash Flow, Division EBITDA, Incentive
Compensation Cap, PRONWC, Safety, and any other performance objectives, shall
be made by Boise, in its sole discretion. 
Your Award will be determined as follows:

4.1.                              Corporate Incentive Cash Flow.  20% of your Award will be based on Corporate
Incentive Cash Flow.  Target Corporate
Incentive Cash Flow has been established. 
Boise will determine actual Corporate Incentive Cash Flow and, using the
attached payout chart, a payout multiple will be identified.  To calculate the Corporate Incentive Cash
Flow portion of the payout, your Base Salary will be multiplied by your target
award percentage; that result will then be multiplied by the identified Corporate
Incentive Cash Flow payout multiple; and that result will be multiplied by 20%.

4.2.                              Division EBITDA.  40%
of your Award will be based on Division EBITDA. 
Target EBITDA for Building Materials Distribution has been
established.  Boise will determine actual
Division EBITDA and, using the attached payout chart, a payout multiple will be
identified.  To calculate the Division
EBITDA portion of the payout, your Base Salary will be multiplied by your
target award percentage; that result will then be multiplied by the identified
Division EBITDA payout multiple; and that result will be multiplied by 40%.

4.3.                              PRONWC.  40% of your
Award will be based on Building Materials Distribution PRONWC.  Target PRONWC for Building Materials
Distribution has been established.  Boise
will determine actual PRONWC and, using the attached payout chart, a payout
multiple will be identified.  To
calculate the PRONWC portion of the payout, your Base Salary will be multiplied
by your target award percentage; that result will then be multiplied by the
identified PRONWC payout multiple; and that result will be multiplied by 40%.

4.4.                              Safety Adjustment. 
Your target award amount may be adjusted based on Safety results, as
follows.  The target recordable incident
rate is 2.2.  Boise will determine the
actual recordable incident rate.  If the
actual recordable incident rate is greater than target, the aggregate amount of
the target award amount calculated pursuant to Sections 4.1, 4.2, and 4.3
will be reduced by 10%.  If the actual recordable
incident rate is less than or equal to target, no reduction for Safety will
apply.

4.5.                              Incentive Compensation Cap Adjustment.  The target award amount will also be
adjusted, on a pro rata basis, based on the Incentive Compensation Cap funds
available for the Award Period.

4.6.                              Additional Adjustments. 
Your supervisor may recommend increasing or decreasing your target award
amount by up to 50% based on your performance relative to the work plan
outlined with your supervisor. 
Notwithstanding your Performance Goals and any supervisor
recommendation, Boise and/or the Committee reserve the right to adjust or

 9
 

eliminate the target award amount, at any time until
paid, in their sole and absolute discretion, whether or not your Performance
Goals have been met.  Such adjustment or
elimination shall be based upon such factors as Boise or the Committee deems
relevant to its determination.

4.7.                              General Terms.  Payout
multiples between numbers indicated on the chart will be calculated using
straight-line interpolation.  Your Award
is capped at 2.25 times your target award percentage.

5.                                       This
Award, if any, will be paid in cash or other method of delivering comparable
value no later than March 15, 2008.

6.                                       If
you terminate employment before December 31, 2007, the determination of your
Award, if any, will be treated in accordance with the Plan and in such manner
as determined by the Committee.  If you
terminate employment after December 31, 2007, and before an Award is paid,
other than as described in Section 7(a) of the Plan, whether voluntarily
or involuntarily, with or without cause, you may or may not be eligible to
receive an Award for the Award Period, as determined by Boise in its sole and
absolute discretion.

7.                                       If
any provision of this Notification or the Plan is held to be illegal or invalid
for any reason, such illegality or invalidity shall not affect the remaining
parts of the Notification and Plan, and they shall be construed and enforced as
if the illegal or invalid provision were not included.

8.                                       You
shall have no power or right to transfer, assign, anticipate, pledge,
hypothecate, or otherwise encumber all or any part of any amount which may be
paid to you under this Notification and the Plan.

[Graphics]

 10
 

BOISE CASCADE, L.L.C.

Annual Incentive Award Notification

Wood Products

Senior
Vice President

This Annual
Incentive Award  Notification (“Notification”) is granted on March 31, 2007, by
Boise Cascade, L.L.C. (“Boise”) to Thomas Lovlien (“Awardee” or “you”) pursuant
to the Boise Incentive and Performance Plan (the “Plan”) and pursuant to the
following terms:

1.                                       Any payment (“Award”) made under this Notification
and the Plan is subject to all the terms and conditions of the Plan.  An Award is not earned until paid.

2.                                       For
purposes of this Award, the following terms shall have the meanings stated
below.  All capitalized terms not defined
in this Notification shall have the meaning stated in the Plan.

2.1.                              “Award
Period” means the 2007 calendar year.

2.2.                              “Base
Salary” means your annual pay rate in effect at the end of the Award Period,
without taking into account (a) any amounts deferred pursuant to an election
under any 401(k) plan, pre-tax premium plan, deferred compensation plan, or
flexible spending account sponsored by Boise during the Award Period, (b) any
incentive compensation, employee benefit, or other cash benefit paid or
provided under any retention, incentive, bonus or employee benefit plan
sponsored by Boise, and (c) any excellence award, gains upon stock option
exercises, restricted stock grants or vesting, moving or travel expense
reimbursement, imputed income, or tax gross-ups, without regard to whether the
payment or gain is taxable income to you.

2.3.                              “Incentive
Cash Flow” means EBITDA (earnings before interest, taxes, and non-cash items
such as depreciation, depletion, and amortization), adjusted for non-cash
long-term compensation, less a charge for working capital.  The charge for working capital is 9% per year
(0.75% per month) times the working capital balance (excluding cash).  Incentive Cash Flow may be calculated at a
corporate or division level.

2.4.                              “Incentive
Compensation Cap” means the total dollar amount allowable for all company-wide
incentive plan awards (including all divisions and business units), as
established by Boise and approved by the Board. 
The total aggregate awards of all incentive plans, whether paid
quarterly or annually, are subject to the Incentive Compensation Cap.  If the Cap is exceeded, all awards are
reduced pro rata.  The attached chart
identifies Incentive Compensation Cap amounts for specified levels of
EBITDA.  For this purpose, EBITDA means
the EBITDA dollar amount set out in Boise’s Form 10-K, taking into
account any adjustments deemed appropriate by the Board.

2.5.                              “Safety”
means the recordable incident rate. 
Safety may be measured on a company-wide basis (including international
operations) or for the Wood Products division.

3.                                       Your
target award percentage is 55% of your Base Salary.

4.                                       The
Performance Goals applicable to your Award are corporate Incentive Cash Flow,
Wood Products Incentive Cash Flow, company-wide Safety, Wood Products Safety,
and discrete performance objectives as may be determined as part of your work
plan outlined by your supervisor.  All
Performance Goal calculations, including Base Salary, corporate Incentive Cash
Flow, Wood Products Incentive Cash Flow, Incentive Compensation Cap,
company-wide Safety,

 11
 

Wood Products
Safety, and any other performance objectives, shall be made by Boise, in its
sole discretion.  Your Award will be determined
as follows:

4.1.                              Corporate Incentive Cash Flow.  20% of your Award will be based on corporate
Incentive Cash Flow.  Target corporate
Incentive Cash Flow has been established. 
Boise will determine actual corporate Incentive Cash Flow and, using the
attached payout chart, a payout multiple will be identified.  To calculate the corporate Incentive Cash
Flow portion of the payout, your Base Salary will be multiplied by your target
award percentage; that result will then be multiplied by the identified corporate
Incentive Cash Flow payout multiple; and that result will be multiplied by 20%.

4.1.1.                     Safety Adjustment for Corporate Incentive Cash Flow.  The corporate Incentive Cash Flow portion of
your target award amount may be adjusted based on company-wide Safety results,
as follows.  The target recordable
incident rate is 2.2.  Boise will
determine the actual recordable incident rate. 
If the actual recordable incident rate is greater than target, the
amount of the target award amount calculated pursuant to Section 4.1 will
be reduced by 10%.  If the actual
recordable incident rate is less than or equal to target, no reduction for
Safety will apply.

4.2.                              Wood Products Incentive Cash Flow.  80% of your Award will be based on Wood
Products Incentive Cash Flow.  Target
Wood Products Incentive Cash Flow has been established.  Boise will determine actual Wood Products
Incentive Cash Flow and, using the attached payout chart, a payout multiple
will be identified.  To calculate the
Wood Products Incentive Cash Flow portion of the payout, your Base Salary will
be multiplied by your target award percentage; that result will then be
multiplied by the identified Wood Products Incentive Cash Flow payout multiple;
and that result will be multiplied by 80%.

4.2.1.                     Safety Adjustment for Wood Products Incentive Cash Flow.  The Wood Products Incentive Cash Flow portion
of your target award amount may be adjusted based on Wood Products Safety
results, as follows.  The target
recordable incident rate is 2.4.  Boise
will determine the actual recordable incident rate.  If the actual recordable incident rate is
greater than target, the amount of the target award amount calculated pursuant
to Section 4.2 will be reduced by 10%. 
If the actual recordable incident rate is less than or equal to target,
no reduction for Safety will apply.

4.3.                              Incentive Compensation Cap Adjustment.  The payout amounts for the above measures in
Sections 4.1 and 4.2 are aggregated together to reach your target award
amount.  The target award amount will be
adjusted, on a pro rata basis, based on the Incentive Compensation Cap funds
available for the Award Period.

4.4.                              Additional Adjustments. 
Your supervisor may recommend increasing or decreasing your target award
amount by up to 50% based on your performance relative to the work plan
outlined with your supervisor. 
Notwithstanding your Performance Goals and any supervisor
recommendation, Boise and/or the Committee reserve the right to adjust or
eliminate the target award amount, at any time until paid, in their sole and
absolute discretion, whether or not your Performance Goals have been met.  Such adjustment or elimination shall be based
upon such factors as Boise or the Committee deems relevant to its
determination.

4.5.                              General Terms.  Payout
multiples between numbers indicated on the chart will be calculated using
straight-line interpolation.  Your Award
is capped at 2.25 times your

 12
 

target award percentage.

5.                                       This
Award, if any, will be paid in cash or other method of delivering comparable
value no later than March 15, 2008.

6.                                       If
you terminate employment before December 31, 2007, the determination of your
Award, if any, will be treated in accordance with the Plan and in such manner
as determined by the Committee.  If you
terminate employment after December 31, 2007, and before an Award is paid,
other than as described in Section 7(a) of the Plan, whether voluntarily
or involuntarily, with or without cause, you may or may not be eligible to
receive an Award for the Award Period, as determined by Boise in its sole and
absolute discretion.

7.                                       If
any provision of this Notification or the Plan is held to be illegal or invalid
for any reason, such illegality or invalidity shall not affect the remaining
parts of the Notification and Plan, and they shall be construed and enforced as
if the illegal or invalid provision were not included.

8.                                       You
shall have no power or right to transfer, assign, anticipate, pledge,
hypothecate, or otherwise encumber all or any part of any amount which may be
paid to you under this Notification and the Plan.

[Graphics]

 13

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