Document:

Exhibit
        4.3

    

     

    
      	
              ROSS
                MILLER

            	 	 
	
              Secretary
                of State

            	 	 
	
              204
                North Carson Street, Ste 1 

            	
              Filed
                in the office of

            	
              Document
                Number

            
	
              Carson
                City, Nevada 89701-4299

            	
              /s/
                Ross Miller

            	
              20080269527-21

            
	
              (775)
                684-5708 

            	
              Ross
                Miller

            	
              Filed
                Date and Time

            
	
              Website:
                secretaryofstate.biz

            	
              Secretary
                of State

            	
              04/21/2008
                8:00AM

            
	
               

            	
              State
                of Nevada

            	
              Entity
                Number C13000-1996

            
	
               

            	 	 
	
               

            	 	 
	 	 	 
	
              CERTIFICATE
                OF DESIGNATION

            	 	 
	
              (PURSUANT
                TO NRS 78.1955)

            	 	 

    

    

    USE
      BLACK
      INK ONLY-DO NOT HIGHLIGHT ABOVE SPACE IS FOR OFFICE USE ONLY

    

    CERTIFICATE
      OF DESIGNATION

    FOR
      NEVADA PROFIT CORPORATIONS

    (PURSUANT
      TO NRS 78.1955)

    

    1.
      NAME OF
      CORPORATION:

    

    NW
      Tech
      Capital, Inc.

    

    2.
      BY
      RESOLUTION OF THE BOARD OF DIRECTORS PURSUANT TO A PROVISION IN THE ARTICLES
      OF
      INCORPORATION, THIS CERTIFICATE ESTABLISHES THE FOLLOWING REGARDING THE VOTING
      POWERS, DESIGNATIONS, PREFERENCES, LIMITATIONS, RESTRICTIONS AND RELATIVE RIGHTS
      OF THE FOLLOWING CLASS OR SERIES OF STOCK.

    

    There
      is
      hereby designated a series of the preferred stock to be called the “Series F
      Preferred Convertible Stock” to consist of 10,000,000 shares to be issued at
      $1.00 per share and to have the following terms and conditions:

    

    See
      Attached Exhibit A for complete Designations

    

    

    3.
      EFFECTIVE DATE OF FILING (OPTIONAL): 4/18/08

    (MUST
      NOT
      BE LATER THAN 90 DAYS AFTER THE CERTIFICATE IS FILED)

    

    4.
      OFFICER SIGNATURE (REQUIRED): X /s/
      James Wheeler

    

    FILING
      FEE: $175.00

    IMPORTANT:
      FAILURE TO INCLUDE ANY OF THE ABOVE INFORMATION AND SUBMIT THE PROPER FEES
      MAY
      CAUSE THIS FILING TO BE REJECTED.

    THIS
      FORM
      MUST BE ACCOMPANIED BY APPROPRIATE FEES.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

      Exhibit
        4.3 (continued)

    

     

    CERTIFICATE
      OF DESIGNATION

    BEFORE
      THE ISSUANCE OF CLASS OR SERIES

    FOR
      NW
      TECH CAPITAL, INC.

    

    Pursuant
      to the provisions of NRS 78.1955 of the Nevada Statutes, NW TECH CAPITAL, INC.,
      a Nevada profit corporation adopts the following Certificate of
      Designation.

    

    There
      is
      hereby designated a series of the preferred stock to be called the “Series F
      Preferred Convertible Stock” to consist of 10,000,000 shares to be issued at
      $1.00 per share and to have the following terms and conditions:

    

    
      	
              3.

            	
              Dividends.
                Except as provided herein, the holder of outstanding shares of the
                Series
                F Preferred Stock shall be entitled to receive an annual rate of
                8.0% in
                form of cash, stock, as dividends when, as, and if declared by the
                Board
                of Directors of the Company. If shares of the Series F Preferred
                Stock or
                the common stock of the Company, par value $0.00001 per share (the
“Common
                Stock”) are to be issued as a dividend, any such shares shall be issued
                at
                Market Value. “Market Value” for the Common Stock for the purposes of the
                Certificate of Designation shall mean the average of the bid and
                ask
                prices for the Common Stock for the five business days preceding
                the
                declaration of a dividend by the Board of Directors. “Market Value” with
                respect to any shares of the Series F Preferred Stock shall be as
                determined by the Board of Directors, whose decision shall be final
                and
                binding on all parties.

            

    

    

    
      	
              4.

            	
              Redemption
                Rights.
                Subject to the applicable provisions of Nevada law, the Company,
                at the
                option of its directors, and with the consent of a majority of the
                stockholders of the Series F Preferred Stock, may at any time or
                from time
                to time redeem the whole or any part of the outstanding Series F
                Preferred
                Stock. Any such redemption shall be pro rata with respect to all
                of the
                holders of the Series F Preferred Stock. Upon redemption the Company
                shall
                pay for each share redeemed the Market Value, payable in cash. Such
                redemption shall be on an all-or-nothing
                basis.

            

    

    

    At
      least
      30 days previous notice by mail, postage prepaid, shall be given to the holders
      of record of the Series F Preferred Stock to be redeemed, such notice to be
      addressed to each such stockholder at the address of such holder appearing
      on
      the books of the Company or given by such holder to the Company for the purpose
      of notice, or if no such address appears or is given, at the place where the
      principal office of the Company is located. Such notice shall state the date
      fixed for redemption and the redemption price, and shall call upon the holder
      to
      surrender to the Company on said date at the place designated in the notice
      such
      holder’s certificate or certificates representing the shares to be redeemed. On
      or after the date fixed for redemption and stated in such notice, each holder
      of
      Series F Preferred Stock called for redemption shall surrender the certificate
      evidencing such shares to the Company at the place designated in such notice
      and
      shall thereupon be entitled to receive payment of the redemption price. If
      less
      than all shares represented by any such surrendered certificate are redeemed,
      a
      new certificate shall be issued representing the unredeemed shares. If such
      notice of redemption shall have been duly given, and if on the date fixed for
      redemption funds necessary for the redemption shall be available therefore,
      notwithstanding that the certificates evidencing any Series F Preferred Stock
      called for redemption shall not have been surrendered, the dividends with
      respect to the shares so called for redemption shall not have been surrendered,
      the dividends with respect to the shares so called for redemption shall
      forthwith after such date cease and determine, except only the right of the
      holders to receive the redemption price without interest upon surrender of
      their
      certificates therefore.

    

    If,
      on or
      prior to any date fixed for redemption of Series F Preferred Stock, the Company
      deposits, with any bank or trust company as a trust fund, a sum sufficient
      to
      redeem, on the date fixed for redemption thereof, the shares called for
      redemption, with irrevocable instructions and authority to the bank or trust
      company to give the notice of redemption thereof (or to complete the giving
      of
      such notice if theretofore commenced) and to pay, or deliver, on or after the
      date fixed for redemption or prior thereto, the redemption price of the shares
      to their respective holders upon the surrender of their share certificates,
      then
      from and after the date of the deposit (although prior to the date fixed for
      redemption), the shares so called shall be redeemed and any dividends on those
      shares shall cease to accrue after the date fixed for redemption. The deposit
      shall constitute full payment of the shares to their holders, and from and
      after
      the date of the deposit the shares shall no longer be outstanding and the
      holders thereof shall cease to be stockholders with respect to such shares,
      and
      shall have no rights with respect thereto except the right to receive from
      the
      bank or trust company payment of the redemption price of the shares without
      interest, upon the surrender of their certificates therefore. Any interest
      accrued on any funds so deposited shall be the property of, and paid to, the
      Company. If the holders of Series E Preferred Stock so called for redemption
      shall not, at the end of six years from the date fixed for redemption thereof,
      have claimed any funds so deposited, such bank or trust company shall thereupon
      pay over to the Company such unclaimed funds, and such bank or trust company
      shall thereafter be relieved of all responsibility in respect thereof to such
      holders and such holders shall look only to the Company for payment of the
      redemption price.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

      Exhibit
        4.3 (continued)

       

    

    
      	
              11.

            	
              Liquidation
                Rights.
                Upon the dissolution, liquidation or winding up of the Company, whether
                voluntary or involuntary, the holders of the then outstanding shares
                of
                Series F Preferred Stock shall be entitled to receive out of the
                assets of
                the Company the Market Value (the “Liquidation Rate”) before any payment
                or distribution shall be made on the Common Stock, or any other class
                of
                capital stock of the Company ranking junior to the Series F Preferred
                Stock; provided, however, that the payment or distribution of the
                Liquidation Rate shall be made pari
                passu
                with the payment or distribution of any liquidation rights of the
                holders
                of the Company’s Series F Preferred
                Stock.

            

    

    

    
      	 	
              d.

            	
              The
                sale, conveyance, exchange or transfer (for cash, shares of stock,
                securities or other consideration) of all or substantially all the
                property and assets of the Company shall be deemed a dissolution,
                liquidation or winding up of the Company for purposes of the Paragraph
                3,
                but the merger or consolidation of the Company into or with the Company
                shall not be deemed a dissolution, liquidation or winding up, voluntary
                or
                involuntary, for purposes of this Paragraph
                3.

            

    

    

    
      	 	
              e.

            	
              After
                the payment to the holders of shares of the Series F Preferred Stock
                of
                the full preferential amounts fixed by this Paragraph 3 for shares
                of the
                Series F Preferred Stock, the holders of the Series F Preferred Stock
                as
                such shall have no right or claim to any of the remaining assets
                of the
                Company.

            

    

    

    
      	 	
              f.

            	
              In
                the event the assets of the Company available for distribution to
                the
                holders of the Series F Preferred Stock upon dissolution, liquidation
                or
                winding up of the Company shall be insufficient to pay in full all
                amounts
                to which such holders are entitled pursuant to this Paragraph 3,
                no
                distribution shall be made on account of any shares of a class or
                series
                of capital stock of the Company ranking on a parity with the shares
                of the
                Series F Preferred Stock, if any, upon such dissolution, liquidation
                or
                winding up unless proportionate distributive amounts shall be paid
                on
                account of the shares of the Series F Preferred Stock, ratably, in
                proportion to the full distributive amounts for which holders of
                all such
                parity shares are respectively entitled upon such dissolution, liquidation
                or winding up.

            

    

    

    
      	
              12.

            	
              Conversion
                of Series F Preferred Stock. At
                any time after 6 months from date of issuance (the “Conversion Right
                Date”), the holder of shares of the Series F Preferred Stock shall have
                the right, at such holder’s option, to convert any number of shares of the
                Series F Preferred Stock into shares of the Common Stock. Such right
                to
                convert shall commence as of the Conversion Right Date and shall
                continue
                thereafter for a period of 5 years, such period ending on the 5th
                anniversary of the Conversion Right Date. In the event that the holder
                of
                the Series F Preferred Stock elects to convert such shares into Common
                Stock, the holder shall have 60 days from the date of such notice
                in which
                to tender his shares of Series F Preferred Stock to the Company.
                Any such
                term shall be upon the other following terms and
                conditions:

            

    

    

    
      	 	
              h.

            	
              Certain
                Defined Terms.
                For purposes of this Certificate of Amendment setting forth the terms
                of
                the Series F Preferred Stock, the following terms shall have the
                following
                meanings:

            

    

    

    
      	 	
              i

            	
              “Closing
                Sale Price”
                means, for any security as of any date, the last closing trade price
                for
                such security at 4:00 p.m. Eastern Standard Time on the NASDAQ National
                Market as reported by Bloomberg, or, if the NASDAQ National Market
                is not
                the principal securities exchange or trading market for such security,
                the
                last closing trade price of such security at 4:00 p.m. Eastern Standard
                Time on the principal securities exchange or trading market where
                such
                security is listed or traded as reported by Bloomberg, or, if the
                foregoing do not apply, the last closing trade prices of such security
                at
                4:00 p.m. Eastern Standard Time in the over-the counter market on
                the
                electronic bulletin board for such security as reported by Bloomberg,
                or,
                if no last closing trade price is reported for such security by Bloomberg,
                the average of the bid and the ask prices of such security as reported
                by
                Bloomberg, or, if no bid or ask prices are reported for such security
                by
                Bloomberg, the average of the bid and ask prices of any market makers
                for
                such security as reported in the “stock watch” by the National Quotation
                Bureau, Inc. If the Closing Sale Price cannot be calculated for such
                security on such date on any of the foregoing bases, the Closing
                Sale
                Price of such security on such date shall be the fair market value
                as
                determined in good faith by the Board of Directors of the
                Company.

            

    

    

    
      	 	
              ii

            	
              “Conversion
                Rate”
                means, as of any Conversion Date (as defined below) or other date
                of
                determination, the quotient of: (i) the Conversion Value, divided
                by (ii)
                90% of the Market Price, subject to adjustment as provided
                herein.

            

    

     

    
      	 	
              iii

            	
              “Conversion
                Value”
                shall initially mean $1.00, subject to adjustment as provided
                herein.

            

    

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    

      Exhibit
        4.3 (continued)

    

     

    
      	 	
              iv

            	
              Certain
                Conversion Limitations.
                The Payee may not convert an outstanding principal amount of this
                Note or
                accrued and unpaid interest thereon to the extent such conversion
                would
                result in the Payee, together with any affiliate thereof, beneficially
                owning (as determined in accordance with Section 13(d) of the Exchange
                Act
                (as defined in Section XVII) and the rules promulgated thereunder)
                in
                excess of 4.999% of the then issued and outstanding shares of Common
                Stock. Since the Payee will not be obligated to report to the Maker
                the
                number of shares of Common Stock it may hold at the time of a conversion
                hereunder, unless the conversion at issue would result in the issuance
                of
                Shares in excess of 4.999% of the then outstanding shares of Common
                Stock
                without regard to any other shares which may be beneficially owned
                by the
                Payee or an affiliate thereof, the Payee shall have the authority
                and
                obligation to determine whether and the extent to which the restriction
                contained in this Section will limit any particular conversion hereunder.
                The Payee may waive the provisions of this Section upon not less
                than 61
                days’ prior notice to the Maker.

            

    

    

    
      	 	
              v

            	
              “Market
                Price”
                means, with respect to any security for any period, that price which
                shall
                be computed as the arithmetic average of the Closing Sale Prices
                for such
                security during the 5 consecutive trading days immediately preceding
                such
                date of determination. (All such determinations to be appropriately
                adjusted for any stock dividend, stock split or other similar transaction
                during such period).

            

    

    

    
      	 	
              i.

            	
              Conversion
                Right.
                The number of shares of Common Stock issuable upon any Conversion
                Date
                shall be determined by multiplying the number of shares of Series
                F
                Preferred Stock to be converted by the Conversion
                Rate.

            

    

    

    
      	 	
              j.

            	
              Mechanics
                of Conversion.
                To
                convert shares of the Series F Preferred Stock into full shares of
                the
                Common Stock on any date (the “Conversion Date”), the holder thereof shall
                (i) deliver or transmit by facsimile to the Company, for receipt
                on or
                prior to 11:59 p.m., Pacific Time, on the Conversion Date, a copy
                of a
                fully executed notice of conversion in the form attached hereto as
                Attachment A (the “Conversion Notice”), and (ii) surrender to a common
                carrier for delivery to the Company as soon as practicable following
                such
                date, the certificates (each a “Preferred Stock Certificate”) representing
                the shares of the Series F Preferred Stock being converted, or an
                indemnification undertaking with respect to such shares in the case
                of the
                loss, theft or destruction thereof, and the originally executed Conversion
                Notice. Upon receipt by the Company of a facsimile copy of a Conversion
                Notice, the Company shall immediately send, via facsimile, a confirmation
                of receipt of the originally executed Conversion Notice to such holder.
                Within five business days of the Company’s receipt of the originally
                executed Conversion Notice and the holder’s Preferred Stock
                Certificate(s), the Company shall issue and surrender to a common
                carrier
                for overnight delivery to the address as specified in the Conversion
                Notice, a certificate, registered in the name of the holder or its
                designee, for the number of shares of the Common Stock to which the
                holder
                is entitled.

            

    

    

    
      	 	
              k.

            	
              Mandatory
                Conversion.
                Upon written request from the company, Holder agrees to convert its
                Preferred Stock to common stock of NW Tech Capital, Inc. on a mandatory
                basis. 

            

    

     

    
      	 	
              l.

            	
              Record
                Holder.
                The person or persons entitled to receive shares of the Common Stock
                issuable upon conversion of shares of the Series F Preferred Stock
                shall
                be treated for all purposes as the record holder of such shares of
                the
                Common Stock on the Conversion
                Date.

            

    

    

    
      	 	
              m.

            	
              Fractional
                Shares.
                The Company shall not be required to issue any fraction of a share
                of the
                Common Stock upon any conversion. All shares of the Common Stock,
                including fractions thereof, issuable upon conversion of more than
                one
                share of the Series F Preferred Stock shall be aggregated for purposes
                of
                determining whether the conversion would result in the issuance of
                a
                fraction of a share of the Common Stock. If, after such aggregation,
                the
                issuance would result in the issuance of a fraction of it share of
                the
                Common Stock, the Company, shall round such fraction of a share of
                the
                Common Stock up or down to the nearest whole
                share.

            

    

    

    
      	 	
              n.

            	
              Reissuance
                of Certificates.
                In
                the event of a conversion of less than all of the shares of the Series
                F
                Preferred Stock represented by a particular Preferred Stock Certificate,
                the Company shall promptly cause to be issued and delivered to the
                holder
                of such Series F Preferred Stock a new Series F Preferred Stock
                Certificate representing the remaining shares of the Series F Preferred
                Stock which were not converted.

            

    

    

    
      	
              13.

            	
              Reservation
                of Shares.
                The Company shall, so long as any of the shares of the Series F Preferred
                Stock are outstanding, reserve and keep available out of its authorized
                and unissued shares of the Common Stock, solely for the purpose of
                effecting the conversion of the shares of the Series F Preferred
                Stock,
                the number of shares of the Common Stock as shall from time to time
                be
                sufficient to affect the conversion of all the outstanding shares
                of the
                Series F Preferred Stock.

            

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    Exhibit
      4.3 (continued)

     

    
      	
              14.

            	
              Preferred
                Status.
                The rights of the shares of the Common Stock shall be subject to
                the
                preferences and relative rights of the shares of the Series F Preferred
                Stock. Without the prior written consent of the holders of not less
                than
                51% of the outstanding shares of the Series F Preferred Stock, the
                Company
                shall not hereafter authorize or issue additional or other capital
                stock
                that is of senior or equal rank to the shares of the Series F Preferred
                Stock in respect of the preferences as to distributions and payments
                upon
                the liquidation. Dissolution and winding up of the Company described
                in
                Paragraph 3 above.

            

    

    

    
      	
              15.

            	
              Restriction
                on Dividends.
                If
                any shares of the Series F Preferred Stock are outstanding the Company
                shall not, without the prior written consent of the holders of not
                less
                than 51% of the then outstanding shares of the Series F Preferred
                Stock,
                directly or indirectly declare, pay or make any dividends or other
                distributions upon any of the Common Stock. Notwithstanding the foregoing,
                this paragraph shall not prohibit the Company from declaring and
                paying a
                dividend in cash with respect to the shares of the Common Stock so
                long as
                the Company simultaneously pays each holder of shares of the Series
                F
                Preferred Stock an amount in cash equal to the amount such holder
                would
                have received had all of such holder’s shares of the Series F Preferred
                Stock had been converted to shares of the Common Stock on the business
                day
                prior to the record date for any such
                dividend.

            

    

    

    
      	
              16.

            	
              Vote
                to Change the Terms of the Series Preferred Stock.
                Without the prior written consent of the holders of not less than
                51% of
                the outstanding shares of the Series F Preferred Stock, the Company
                shall
                not amend, alter, change or repeal any of the powers, designations,
                preferences and rights of the Series F Preferred
                Stock.

            

    

    

    
      	
              17.

            	
              Lost
                or Stolen Certificates.
                Upon receipt by the Company of evidence satisfactory to the Company
                of the
                loss, theft, destruction or mutilation of any Preferred Stock Certificates
                representing shares of the Series F Preferred Stock, and, in the
                case of
                loss, theft or destruction, of any indemnification undertaking or
                bond, in
                the Company’s discretion, by the holder to the Company and, in the case of
                mutilation, upon surrender and cancellation of the Preferred Stock
                Certificate(s), the Company shall execute and deliver new Series
                F
                Preferred Stock Certificate(s) of like tenor and date; provided,
                however,
                the Company shall not be obligated to re-issue Series F Preferred
                Stock
                Certificates if the holder thereof contemporaneously requests the
                Company
                to convert such shares of the Series F Preferred Stock into the Common
                Stock.

            

    

    

    
      	
              18.

            	
              Voting
                rights of Preferred Series “F” Share.
                The holders of the Series F Preferred Stock shall have no voting
                rights on
                any matter submitted to the shareholders of the Company of their
                vote,
                waiver, release or other action, or be considered in connection with
                the
                establishment of a quorum, except as may otherwise be expressly required
                by law or by the applicable stock exchange
                rules.

            

    

    

    The
      date
      of the Certificate is April ___, 2008.

     

    

    Signed
      this ____day of April 2008.

    

    NW
      TECH
      CAPITAL, INC.

     

    

    By
      /s/
      James Wheeler

    James
      Wheeler - CEO 

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

      Exhibit
        4.3 (continued)
  

    ATTACHMENT
      “A”

    

    NW
      TECH
      CAPITAL, INC.

    CONVERSION
      NOTICE

    

    In
      accordance with and pursuant to the provisions of the Certificate of Designation
      Establishing Series F Preferred Stock of NW TECH CAPITAL, INC., the undersigned
      hereby elects to convert the number of shares of Series F Preferred Stock,
      par
      value $0.00001 per share, of NW TECH CAPITAL, INC. (the “Company”), indicated
      below into shares of the Common Stock, par value $0.00001 per share (the “Common
      Stock”), of the Company, by tendering the stock certificate(s) representing the
      share(s) of the Series F Preferred Stock specified below as of the date
      specified below.

    

    The
      undersigned acknowledges that the securities issuable to the undersigned upon
      conversion of shares of the Series F Preferred Stock may not be sold, pledged,
      hypothecated or otherwise transferred unless such securities are registered
      under the Securities Act, and any other applicable securities law, or the
      Company has received an opinion of counsel satisfactory to it that registration
      is not required. A legend in substantially the following form will be placed
      on
      any certificates or other documents evidencing the securities to be issued
      upon
      any conversion of the shares of the Series F Preferred Stock:

    

    THE
      SECURITIES REPRESENTED BY THIS INSTRUMENT OR DOCUMENT HAVE BEEN ACQUIRED FOR
      INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
      AMENDED, OR THE SECURITIES LAW OF ANY STATE. WITHOUT SUCH REGISTRATION, SUCH
      SECURITIES MAY NOT BE SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED
      EXCEPT UPON DELIVERY TO THE COMPANY OF AN OPINION OF COUNSEL SATISFACTORY TO
      THE
      COMPANY THAT REGISTRATION IS NOT REQUIRED FOR SUCH TRANSFER OR THE SUBMISSION
      TO
      THE COMPANY OF SUCH OTHER EVIDENCE AS MAY BE SATISFACTORY TO THE COMPANY TO
      THE
      EFFECT THAT ANY SUCH TRANSFER SHALL NOT BE IN VIOLATION OF THE SECURITIES ACT
      OF
      1933, AS AMENDED, THE SECURITIES LAW OF ANY STATE, OR ANY RULE OR REGULATION
      PROMULGATED THEREUNDER.

    

    Date
      of
      Conversion:__________________________

    

    Number
      of
      shares of the Series F Preferred Stock to be
      converted:_______________________________________

     

    Stock
      Certificate No(s). of the shares of the Series F Preferred Stock to be
      converted:________________________

     

    Conversion
      Rate:_____________________________________

     

    Number
      of
      shares of the Common Stock to be
      issued:_____________________________

     

    Name
      in
      which shares of the Common Stock are to be
      issued:___________________________________________

     

    

    ___________________________________________

    Signature

     

     

    ____________________________________________

    Printed
      Name and Address

     

    
      
         

      

      
        6Exhibit
      4.0

    

    BUILDING
      MATERIALS HOLDING CORPORATION

    

    AMENDED
      AND RESTATED EMPLOYEE STOCK PURCHASE PLAN

    

    1.   PURPOSE.

     

    The
      purpose of this
      Employee Stock Purchase Plan (the "Plan") is to provide an opportunity for
      employees of Building Materials Holding Corporation (the "Corporation") and
      its
      Designated Subsidiaries to purchase Common Stock of the Corporation and thereby
      to have an additional incentive to contribute to the prosperity of the
      Corporation. It is the intention of the Corporation that the Plan qualify as
      an
      "Employee Stock Purchase Plan" under Section 423 of the Internal Revenue
      Code of 1986, as amended, and the Plan shall be administered in accordance
      with
      this intent.

    

    2.   DEFINITIONS.

     

    (a) "Board"
      shall mean
      the Board of Directors of the Corporation.

     

    (b) "Code"
      shall mean
      the Internal Revenue Code of 1986, as amended. Any reference to a section of
      the
      Code herein shall be a reference to any successor or amended section of the
      Code.

     

    (c) "Committee"
      shall
      mean the committee appointed by the Board in accordance with Section 15 of
      the
      Plan.

     

    (d) "Common
      Stock"
      shall mean the Common Stock of the Corporation, or any securities into which
      such Common Stock may be converted.

     

    (e) "Compensation"
      shall mean an Employee’s wages, salaries, commissions and fees for professional
      services actually rendered in the course of employment with the Corporation
      or a
      Designated Subsidiary to the extent that the amounts are includible in gross
      income, with any modifications determined by the Committee. 

     

    (f) "Corporation"
      shall
      mean Building Materials Holding Corporation.

     

    (g) "Designated
      Subsidiary" shall mean a Subsidiary that has been designated by the Committee
      as
      eligible to participate in the Plan with respect to its Employees.

     

    (h) "Employee"
      shall
      mean an individual classified as an employee (within the meaning of Code
      Section 3401(c) and the regulations thereunder) by the Corporation or a
      Designated Subsidiary on the Corporation’s or such Designated Subsidiary’s
      payroll records during the relevant participation period.

     

    (i) "Entry
      Date" shall
      mean the first Trading Day of a Purchase Period and, for new Participants,
      the
      first Trading Day of their first Purchase Period.

     

    (j) "Fair
      Market Value"
      shall be the closing sales price for the Common Stock (or the closing bid,
      if no
      sales were reported) as quoted on the NYSE on the date of determination if
      that
      date is a Trading Day, or if the date of determination is not a Trading Day,
      the
      last market Trading Day prior to the date of determination, as reported in
      The
      Wall Street
      Journal
      or such other
      source as the Committee deems reliable. In the absence of an established market
      for the Common Stock, the Market Value thereof shall be determined in good
      faith
      by the Board. 

     

    
      
        
        

      

      
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    (k) "Participant"
      shall
      mean a participant in the Plan as described in Section 5 of the
      Plan.

     

    (l) "Plan"
      shall mean
      this Employee Stock Purchase Plan, as amended and restated.

     

    (m) "Purchase
      Date"
      shall mean the last Trading Day of each Purchase Period.

     

    (n) "Purchase
      Period"
      shall mean the period commencing after one Purchase Date and ending on the
      Purchase Date that is three (3) months thereafter. Subsequent Purchase
      Periods shall run consecutively after the termination of the preceding Purchase
      Period. The duration and timing of Purchase Periods may be changed or modified
      by the Committee. Subject to the Committee’s right to change or modify Purchase
      Periods, the first Purchase Period following the Recommencement Date shall
      begin
      on May 6, 2008 and end on July 31, 2008. Subsequent periods will start on August
      1, November 1, February 1, and May 1 and each end 3 months later (October 31,
      January 31, April 30, and July 31, respectively). 

     

    (o) "Purchase
      Price"
      shall have the meaning set forth in Section 8.2 and 8.3.

     

    (p) “Recommencement
      Date” shall be May 6, 2008, the date the Plan ends its suspension
      period.

     

    (q) "Stockholder"
      shall
      mean a record holder of shares entitled to vote shares of Common Stock under
      the
      Corporation’s bylaws.

     

    (r) "Subsidiary"
      shall
      mean any corporation (other than the Corporation) in an unbroken chain of
      corporations beginning with the Corporation, as described in
      Code Section 424(f), whether or not such corporation now exists or is
      hereafter organized or acquired by the Corporation or a Subsidiary.

     

    (s) "Trading
      Day" shall
      mean a day on which U.S. national stock exchanges and the NASDAQ System are
      open
      for trading and the Common Stock is being publicly traded on one or more of
      such
      markets.

     

    3.   ELIGIBILITY.

    

    3.1 Any
      Employee
      regularly employed on a full-time or part-time (20 hours or more per week on
      a
      regular schedule) basis by the Corporation or by any Designated Subsidiary
      on an
      Entry Date shall be eligible to participate in the Plan with respect to the
      Purchase Period commencing on such Entry Date, provided that the Committee
      may
      establish administrative rules requiring that employment commence some minimum
      period (e.g., one or more pay periods) prior to an Entry Date to be eligible
      to
      participate with respect to the Purchase Period beginning on that Entry Date.
      The Committee may also determine that a designated group of highly compensated
      Employees are ineligible to participate in the Plan so long as the excluded
      category fits within the definition of "highly compensated employee" in Code
      Section 414(q). 

    

    
      
        
        

      

      
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    3.2 No
      Employee may
      participate in the Plan if immediately after a proposed purchase hereunder
      the
      Employee would own or be considered to own (within the meaning of Code Section
      424(d)) shares of stock, including stock which the Employee may purchase by
      conversion of convertible securities or under outstanding options granted by
      the
      Corporation, possessing five percent (5%) or more of the total combined
      voting power or value of all classes of stock of the Corporation or of any
      of
      its Subsidiaries. All Employees who participate in the Plan shall have the
      same
      rights and privileges under the Plan, except for differences that may be
      mandated by local law and that are consistent with Code Section 423(b)(5);
      provided, however, that Employees participating in a sub-plan adopted pursuant
      to Section 15 which is not designed to qualify under Code section 423 need
      not
      have the same rights and privileges as Employees participating in the Code
      section 423 Plan. No Employees may participate in more than one Purchase Period
      at a time.

    

    3.3 The
      Board may
      impose restrictions on eligibility and participation of Employees who are
      officers and directors to facilitate compliance with federal or state securities
      laws or foreign laws. Notwithstanding the foregoing, if any Employee violates
      the terms of the Plan (including a sale or attempted sale of shares before
      delivery thereof in violation of the holding period described in Section 9
      hereof), the Committee may suspend such Employee's eligibility to participate
      in
      the Plan for a period of up to one (1) year from the date of such
      violation. Whether an Employee has violated the terms of the Plan shall be
      determined in the sole discretion of the Committee.

    

    4.   PURCHASE
      PERIODS.

    

    The
      Plan shall be
      implemented by consecutive three (3) month Purchase Periods, with a new
      Purchase Period commencing after one Purchase Date and ending on the Purchase
      Date that is three (3) months thereafter (or on such other date as
      determined by the Committee or Section 13 hereof) and continuing thereafter
      until this Plan is terminated. The first Purchase Period shall commence on
      the
      Recommencement Date and end on July 31, 2008. The Committee shall have the
      authority to change the frequency and/or duration of Purchase Periods (including
      the commencement dates thereof) with respect to future offerings without
      Stockholder approval if such change is announced at least five (5) days prior
      to
      the scheduled beginning of the first Purchase Period to be affected
      thereafter.

    

    5.   PARTICIPATION.

     

    5.1 An
      Employee who is
      eligible to participate in the Plan in accordance with Section 3 may become
      a Participant by completing and submitting, on a date prescribed by the
      Committee prior to an applicable Entry Date, a completed payroll deduction
      authorization and Plan enrollment form provided by the Corporation or by
      following an electronic or other enrollment process as prescribed by the
      Committee. An eligible Employee may authorize payroll deductions at the rate
      of
      any whole percentage of the Employee’s Compensation, not to exceed ten
      percent (10%) of the Employee’s Compensation (or such other percentage
      limitation as may be established by the Committee from time to time before
      an
      Entry Date). All payroll deductions may be held by the Corporation and
      commingled with its other corporate funds where administratively appropriate.
      No
      interest shall be paid or credited to the Participant with respect to such
      payroll deductions. The Corporation shall maintain a separate bookkeeping
      account for each Participant under the Plan and the amount of each Participant’s
      payroll deductions shall be credited to such account. A Participant may not
      make
      any additional payments into such account.

     

    
      
        
        

      

      
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    5.2 Under
      procedures
      and at times established by the Committee, a Participant may withdraw from
      the
      Plan during a Purchase Period, by completing and filing a new payroll deduction
      authorization and Plan enrollment form with the Corporation or by following
      electronic or other procedures prescribed by the Committee, prior to the fifth
      business day preceding the Purchase Date. If a Participant withdraws from the
      Plan during a Purchase Period, his or her accumulated payroll deductions will
      be
      refunded to the Participant without interest. The Committee may establish rules
      limiting the frequency with which Participants may withdraw and re-enroll in
      the
      Plan and may impose a waiting period on Participants wishing to re-enroll
      following withdrawal.

     

    5.3 A
      Participant may
      change his or her rate of contribution through
      payroll
      deductions at any time by filing a new payroll deduction authorization and
      Plan
      enrollment form or by following electronic or other procedures prescribed by
      the
      Committee; provided, however, the Committee may impose a waiting period of
      up to
      30 days before such change may be effective. If a Participant has not followed
      such procedures to change the rate of contribution, the rate of contribution
      shall continue at the originally elected rate throughout the Purchase Period
      and
      future Purchase Periods. In accordance with Section 423(b)(8) of the Code,
      the
      Committee may reduce a Participant’s payroll deductions to zero percent (0%) at
      any time during a Purchase Period. Payroll deductions shall re-commence at
      the
      rate provided in such Participant’s enrollment form at the beginning of the
      first Purchase Period which is scheduled to end in the following calendar year,
      unless terminated by the Participant as provided in Section 5.2. 

    

    6.   TERMINATION
      OF EMPLOYMENT.

    

    In
      the event any Participant terminates employment with the Corporation or any
      of
      its Designated Subsidiaries for any reason (including death) prior to the
      expiration of a Purchase Period, the Participant's participation in the Plan
      shall terminate and all amounts credited to the Participant's account shall
      be
      paid to the Participant or, in the case of death, to the Participant's heirs
      or
      estate, without interest. Whether a termination of employment has occurred
      shall
      be determined by the Committee. The Committee may also establish rules regarding
      when leaves of absence or changes of employment status will be considered to
      be
      a termination of employment, including rules regarding transfer of employment
      among Designated Subsidiaries, Subsidiaries and the Corporation, and the
      Committee may establish termination-of-employment procedures for the Plan that
      are independent of similar rules established under other benefit plans of the
      Corporation and its Subsidiaries, provided that such procedures are not in
      conflict with the requirements of Section 423 of the Code.

    

    7.   STOCK

    

    The
      maximum number
      of shares of Common Stock which may be issued under the Plan shall be 2,000,000
      shares. If, on a given Purchase Date, the number of shares with respect to
      which
      options are to be exercised exceeds the maximum, the Committee shall make,
      as
      applicable, such adjustment or pro rata allocation of the shares remaining
      available for purchase in as uniform a manner a shall be practicable and as
      it
      shall determine to be equitable.

    

    8.   PURCHASE
      PERIOD; PURCHASE PRICE.

     

    8.1 Each
      eligible
      Employee who has elected to participate as provided in Section 5.1 shall be
      granted the opportunity to purchase that number of shares of Common Stock which
      may be purchased with the payroll deductions accumulated on behalf of such
      Employee during each Purchase Period at the applicable purchase price specified
      in Sections 8.2 or 8.3 below, subject to the additional limitation that no
      Employee participating in the Plan in accordance with Code Section 423
      shall be granted the opportunity to purchase Common Stock under the Plan at
      a
      rate which exceeds twenty-five thousand dollars ($25,000) of the Fair Market
      Value of such Common Stock (determined at the time such rights are granted)
      in
      any calendar year in which such option is outstanding at any time. The foregoing
      sentence shall be interpreted so as to comply with Code
      Section 423(b)(8).

     

    
      
        
        

      

      
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    8.2 The
      purchase price
      for shares of Common Stock purchased hereunder shall be ninety-five percent
      (95%) of the Fair Market Value of the Common Stock at the time of acquisition
      of
      the Common Stock or the Entry Date, whichever is lower. 

     

    8.3 The
      Committee may
      change the purchase price for shares of Common Stock with respect to any future
      Purchase Period, but not below eighty-five percent (85%) of the Fair Market
      Value of the Common Stock at the time of acquisition of the Common Stock or
      the
      Entry Date, whichever is lower. 

    

    9.   PURCHASE
      OF
      STOCK.

    

    Unless
      a
      Participant withdraws from the Plan as provided in Section 5.2 or except as
      provided in Sections 12 or 14.2, upon the expiration of each Purchase Period,
      a
      Participant’s right to purchase shares shall be exercised automatically for the
      purchase of that number of whole shares of Common Stock which the accumulated
      payroll deductions credited to the Participant’s account at that time shall
      purchase at the applicable price specified in Sections 8.2 or 8.3 in
      accordance with the terms of the Plan. Any remaining funds will be returned
      to
      the Participant, interest free, as cash. Notwithstanding the foregoing, the
      Corporation or its Designated Subsidiary may make such provisions and take
      such
      action as it deems necessary or appropriate for the withholding of taxes and/or
      social insurance which the Corporation or its Designated Subsidiary is required
      by applicable law. Each Participant, however, shall be responsible for payment
      of all individual tax liabilities arising under the Plan. The shares of Common
      Stock purchased hereunder shall be considered for tax purposes to be sold to
      the
      Participant on the Purchase Date. During his or her lifetime, a Participant’s
      option to purchase shares of Common Stock hereunder it exercisable only by
      him
      or her. 

     

    10.      
      PAYMENT
      AND
      DELIVERY.

     

    At
      the end of each fiscal quarter, the Corporation shall deliver to the Participant
      a record of the Common Stock purchased and the balance of any amount of payroll
      deductions credited to the Participant’s account not used for the purchase,
      except as specified below. The Committee may permit or require that shares
      be
      deposited directly with a broker designated by the Committee or to a designated
      agent of the Corporation, and the Committee may utilize electronic or automated
      methods of share transfer. The Committee may (i) require that shares be
      retained with such broker or another agent for a period of up to one (1)
      year or such other period of time designated by the Committee and
      (ii) establish other procedures to permit tracking of disqualifying
      dispositions of such shares. No Participant shall have any voting, dividend,
      or
      other Stockholder rights with respect to shares purchased under the Plan until
      the shares have been purchased and delivered to the Participant as provided
      in
      this Section 10.

     

    
      
        
        

      

      
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    11.      
      RECAPITALIZATION.

     

    Subject
      to any
      required action by the Stockholders of the Corporation, if there is any change
      in the outstanding shares of Common Stock because of a merger, consolidation,
      spin-off, reorganization, recapitalization, dividend in property other than
      cash, stock split, reverse stock split, stock dividend, liquidating dividend,
      combination or reclassification of the Common Stock (including any such change
      in the number of shares of Common Stock effected in connection with a change
      in
      domicile of the Corporation), or any other increase or decrease in the number
      of
      shares of Common Stock effected without receipt of consideration by the
      Corporation, provided that conversion of any convertible securities of the
      Corporation shall not be deemed to have been “effected without consideration,”
the number of securities covered by each option under the Plan which has not
      yet
      been exercised and the number of securities which have been authorized and
      remain available for issuance under the Plan, as well as the price per share
      covered by each option under the Plan which has not yet been exercised, may
      be
      appropriately adjusted by the Board, and the Board shall take any further
      actions which, in the exercise of its discretion, may be necessary or
      appropriate under the circumstances. The Board’s determinations under this
      Section 11 shall be conclusive and binding on all parties.

    

    12.       MERGER,
      LIQUIDATION, OTHER CORPORATION TRANSACTIONS.

     

    In
      the event of the proposed liquidation or dissolution of the Corporation, a
      proposed sale of all or substantially all of the assets of the Corporation,
      or
      the merger or consolidation of the Corporation with or into another corporation,
      the Purchase Period will terminate immediately prior to the consummation of
      such
      proposed transaction, unless otherwise provided by the Board in its sole
      discretion, and all outstanding rights to purchase shares hereunder shall
      automatically terminate and the amounts of all outstanding payroll deductions
      will be refunded without interest to the Participants.

    

    13.     
      TRANSFERABILITY.

    

    Neither
      payroll
      deductions credited to a Participant’s bookkeeping account, nor any rights or
      interests to purchase Common Stock hereunder may be voluntarily or involuntarily
      assigned, transferred, pledged, or otherwise disposed of in any way by any
      Participant. Any attempted assignment, transfer, pledge, or other disposition
      shall be null and void and without effect. If a Participant in any manner
      attempts to transfer, assign or otherwise encumber his or her rights or
      interests under the Plan, other than as permitted by the Code, such act shall
      be
      treated as an election by the Participant to discontinue participation in the
      Plan pursuant to Section 5.2.

     

    14.      
      AMENDMENT
      OR TERMINATION OF THE PLAN.

     

    14.1 The
      Plan shall
      continue from the Effective Date until terminated in accordance with
      Section 14.2.

     

    14.2 The
      Board may, in
      its sole discretion, insofar as permitted by law, terminate or suspend the
      Plan,
      or revise or amend it in any respect whatsoever, and the Committee may revise
      or
      amend the Plan consistent with the exercise of its duties and responsibilities
      as set forth in the Plan or any delegation under the Plan, except that, without
      approval of the Stockholders, no such revision or amendment shall increase
      the
      number of shares subject to the Plan, or make other changes for which
      Stockholder approval is required under applicable law, other than an adjustment
      under Section 11 of the Plan.

    

    
      
        
        

      

      
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    15.      
      ADMINISTRATION.

     

    The
      Board shall
      appoint a Committee consisting of at least two members who will serve for such
      period of time as the Board may specify and whom the Board may remove at any
      time. The Committee will have the authority and responsibility for the
      day-to-day administration of the Plan, the authority and responsibility
      specifically provided in the Plan and any additional duty, responsibility and
      authority delegated to the Committee by the Board, which may include any of
      the
      functions assigned to the Board in the Plan. The Committee may delegate to
      one
      or more individuals or entities the day-to-day administration of the Plan.
      The
      Committee shall have full power and authority to promulgate any rules and
      regulations which it deems necessary for the proper administration of the Plan,
      to interpret the provisions and supervise the administration of the Plan, to
      make factual determinations relevant to Plan entitlements and to take all action
      in connection with administration of the Plan as it deems necessary or
      advisable, consistent with the delegation from the Board. Decisions of the
      Board
      and the Committee shall be final and binding upon all Participants. Any decision
      reduced to writing and signed by a majority of the members of the Committee
      shall be fully effective as if it had been made at a meeting of the Committee
      duly held. The Corporation shall pay all expenses incurred in the administration
      of the Plan. No Board or Committee member shall be liable for any action or
      determination made in good faith with respect to the Plan or any rights granted
      hereunder.

    

    16.       COMMITTEE
      RULES FOR FOREIGN JURISDICTIONS.

     

    16.1 The
      Committee may
      adopt rules or procedures relating to the operation and administration of the
      Plan to accommodate the specific requirements of local laws and procedures.
      Without limiting the generality of the foregoing, the Committee is specifically
      authorized to adopt rules and procedures regarding handling of payroll
      deductions, payment of interest, conversion of local currency, payroll tax,
      withholding procedures and handling of stock certificates which vary with local
      requirements. 

     

    16.2 The
      Committee may
      also adopt sub-plans applicable to particular Subsidiaries or locations, which
      sub-plans may be designed to be outside the scope of Code Section 423. The
      rules
      of such sub-plans may take precedence over other provisions of the Plan, with
      the exception of Section 7, but unless otherwise superseded by the terms of
      such
      sub-plan, the provisions of the Plan shall govern the operation of such
      sub-plan.

    

    17.      
      SECURITIES
      LAWS REQUIREMENTS.

    

    17.1 No
      option granted
      under the Plan may be exercised to any extent unless the shares to be issued
      upon such exercise under the Plan are covered by an effective registration
      statement pursuant to the Securities Act and the Plan is in compliance with
      all
      applicable provisions of law, domestic or foreign, including, without
      limitation, the Securities Act, the Exchange Act, the rules and regulations
      promulgated thereunder, applicable state and foreign securities laws and the
      requirements of any stock exchange upon which the Shares may then be listed,
      subject to the approval of counsel for the Corporation with respect to such
      compliance. If on a Purchase Date in any Purchase Period hereunder, the Plan
      is
      not so registered or in such compliance, options granted under the Plan which
      are not in compliance shall not be exercised on such Purchase Date, and the
      Purchase Date shall be delayed until the Plan is subject to such an effective
      registration statement and such compliance, except that the Purchase Date shall
      not be delayed more than twelve (12) months and the Purchase Date shall in
      no
      event be more than twenty-seven (27) months from the Entry Date. If, on the
      Purchase Date of any offering hereunder, as delayed to the maximum extent
      permissible, the Plan is not registered and in such compliance, options granted
      under the Plan which are not in compliance shall not be exercised and all
      payroll deductions accumulated during the Purchasing Period (reduced to the
      extent, if any, that such deductions have been used to acquire shares of Common
      Stock) shall be returned to the Participants, without interest. The provisions
      of this Section 17 shall comply with the requirements of Section 423(b)(5)
      of
      the Code to the extent applicable.

    

    
      
        
        

      

      
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    17.2
 As
      a condition to
      the exercise of an option, the Corporation may require the person exercising
      such option to represent and warrant at the time of any such exercise that
      the
      Shares are being purchased only for investment and without any present intention
      to sell or distribute such Shares if, in the opinion of counsel for the
      Corporation, such a representation is required by any of the aforementioned
      applicable provisions of law.

    

    18.      
      GOVERNMENTAL
      REGULATIONS.

    

    This
      Plan and the
      Corporation's obligation to sell and deliver shares of its stock under the
      Plan
      shall be subject to the approval of any governmental authority required in
      connection with the Plan or the authorization, issuance, sale, or delivery
      of
      stock hereunder.

    

    19.      
      NO
      ENLARGEMENT OF EMPLOYEE RIGHTS.

    

    Nothing
      contained
      in this Plan shall be deemed to give any Employee the right to be retained
      in
      the employ of the Corporation or any Designated Subsidiary or to interfere
      with
      the right of the Corporation or Designated Subsidiary to discharge any Employee
      at any time.

    

    20.       GOVERNING
      LAW.

    

    This
      Plan shall be
      governed by Delaware law, without regard to conflict of law principles
      thereof.

    

    21.       EFFECTIVE
      DATE.

    

    This
      Plan shall be
      effective October 1, 2000, subject to approval of the Stockholders of the
      Corporation within 12 months before or after its adoption by the Board.
      Suspension of this Plan shall end on the Recommencement Date.

    

    22.      
      REPORTS.

    

    Individual
      accounts
      shall be maintained for each Participant in the Plan. Statements of account
      shall be given to Participants at least annually, which statements shall set
      forth the amounts of payroll deductions, the Purchase Price, the number of
      shares purchased and the remaining cash balance, if any.

    

    23.      
      DESIGNATION
      OF BENEFICIARY FOR OWNED SHARES AND ACCUMULATED PAYROLL
      DEDUCTIONS.

     

    23.1 With
      respect to
      shares of Common Stock purchased by the Participant pursuant to the Plan and
      held in an account maintained by the Corporation or its assignee on the
      Participant’s behalf, the Participant may be permitted to file a written
      designation of beneficiary who is to receive any shares and cash, if any, from
      the Participant’s account under the Plan in the event of such Participant’s
      death. If the Participant is married and the designated beneficiary is not
      the
      spouse, spousal consent shall be required for such designation to be effective,
      to the extent required by local law. The Participant (and if required under
      the
      preceding sentence, his or her spouse) may change such designation of
      beneficiary at any time by written notice to the Corporation. Subject to local
      legal requirements, in the event of a Participant’s death, the Corporation or
      its assignee shall deliver such shares of Common Stock to the designated
      beneficiary.

     

    
      
        
        

      

      
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    23.2 Subject
      to local
      law, in the event of the death of a Participant and in the absence of a
      beneficiary validly designated who is living at the time of such Participant’s
      death, the Corporation shall deliver any shares of Common Stock to the executor
      or administrator of the estate of the Participant, or if no such executor or
      administrator has been appointed (to the knowledge of the Corporation), the
      Corporation in its sole discretion, may deliver (or cause its assignee to
      deliver) such shares of Common Stock to the spouse, dependent or relative of
      the
      Participant, or if no spouse, dependent or relative is known to the Corporation,
      then to such other person as the Corporation may determine. 

     

    23.3 In
      the event of
      death of a Participant during a Purchase Period, the Corporation shall reimburse
      such Participant's accumulated payroll deductions during such Purchase Period
      to
      the Participant's designated beneficiary, or in the absence of a beneficiary
      validly designated who is living at the time of such Participant’s death, to the
      executor or administrator of the estate of the Participant, or if no such
      executor or administrator has been appointed (to the knowledge of the
      Corporation), the Corporation in its sole discretion, may deliver (or cause
      its
      assignee to deliver) such accumulated payroll deductions to the spouse,
      dependent or relative of the Participant, or if no spouse, dependent or relative
      is known to the Corporation, then to such other person as the Corporation may
      determine. The provisions of this Section 23 shall in no event require the
      Corporation to violate local law, and the Corporation shall be entitled to
      take
      whatever action it reasonably concludes is desirable or appropriate in order
      to
      transfer the assets allocated to a deceased Participant’s account in compliance
      with local law. 

    

    24.      
      ADDITIONAL
      RESTRICTIONS OF RULE 16-b3.

     

    The
      terms and
      conditions of options granted hereunder to, and the purchase of shares of Common
      Stock by, persons subject to Section 16 of the Exchange Act shall comply with
      the applicable provisions of Rule 16b-3. This Plan shall be deemed to contain,
      and such options shall contain, and the shares of Common Stock issued upon
      exercise thereof shall be subject to, such additional conditions and
      restrictions, if any, as may be required by Rule 16b-3 to qualify for the
      maximum exemption from Section 16 of the Exchange Act with respect to Plan
      transactions.

    

    25.      
      NOTICES.

     

    All
      notices or
      other communications by a Participant to the Corporation under or in connection
      with the Plan shall be deemed to have been duly given when received in the
      form
      specified by the Corporation at the location, or by the person, designated
      by
      the Corporation for the receipt thereof.

    

    
      
        
        

      

      
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          9 of
          9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00142-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00142-of-00352.parquet"}]]