Document:

Exhibit 10.2

Exhibit 10.2

VESTING AGREEMENT

This Vesting Agreement (this “Agreement”) is made as of January 5, 2011 between
Communications Infrastructure Investments, LLC, a Delaware limited liability company (the
“Company”); Daniel P. Caruso (the “Executive”); and Bear Equity, LLC (“Bear
Equity”).

RECITALS

WHEREAS, the Executive desires that Bear Equity hold Class B Preferred Units for and on behalf
of the Executive;

WHEREAS, pursuant to this Agreement and the LLC Agreement (as defined below), the Company
hereby issues five hundred eighty thousand (580,000) Class B Preferred Units (the “Executive
Preferred Units”) to Bear Equity on Executive’s behalf; and

WHEREAS, in connection with the Executive’s services provided to Company or any of its
Subsidiaries and in exchange for services to be rendered, the Company desires to issue said 580,000
Executive Preferred Units to Bear Equity subject to the terms and conditions contained in the LLC
Agreement and subject to the restrictions set forth herein.

NOW, THEREFORE, in consideration of the foregoing and the mutual promises set forth in this
Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties to this Agreement, intending to be legally bound, agree as
follows:

ARTICLE 1

DEFINITIONS

In addition to the other terms defined in this Agreement, the terms below shall have the
following meanings:

“Bear Equity” has the meaning specified in the Preamble to this Agreement.

“Board” means the Board of Managers of the Company.

“Buyer” has the meaning specified in Section 5.1 of this Agreement.

“Capital Securities” means (a) as to any Person that is a corporation, the authorized
shares of such Person’s capital stock, including all classes of common, preferred, voting and
nonvoting capital stock, and, as to any Person that is not a corporation or an individual, the
ownership or membership interests in such Person, including, without limitation, the right to share
in profits and losses, the right to receive distributions of cash and property, and the right to
receive allocations of items of income, gain, loss, deduction and credit and similar items from
such Person, whether or not such interests include voting or similar rights entitling the holder
thereof to exercise control over such Person, and (b) warrants, options or other securities,
evidences of indebtedness or other obligations of a Person that are, directly or indirectly, convertible into or exercisable or exchangeable for securities of or other interest in
such Person as described in clause (a) of this definition.

 

 

 

“Cause” shall mean the Executive’s: (i) dishonesty of a material nature with respect
to the Company (including, but not limited to, theft or embezzlement of the Company’s or any of its
Subsidiaries’ funds or assets); (ii) conviction of, or guilty plea or no contest plea, to a felony
charge or any misdemeanor involving moral turpitude, or the entry of a consent decree with any
governmental body; (iii) noncompliance in any material respect with any laws or regulations,
foreign or domestic, affecting the operation of the Company’s or any of its Subsidiaries’ business,
if such noncompliance is likely to have a material adverse effect on the Company or any of its
Subsidiaries; (iv) violation of any express direction or any rule, regulation or policy established
by the Board that is consistent with the terms of this Agreement, which violation, if reasonably
susceptible to cure, is not cured within ten (10) days of written notice thereof from the Board
(or, where such violation can not feasibly be cured within said 10 day period and Executive has not
cured such violation within a reasonable amount of time after using best efforts), and if such
violation is likely to have a material adverse effect on the Company or any of its Subsidiaries;
(v) material breach of this Agreement, which breach, if reasonably susceptible to cure, is not
cured within ten (10) days of written notice thereof from the Board (or, where such material breach
can not feasibly be cured within said 10 day period and Executive has not cured such material
breach within a reasonable amount of time after using best efforts) or a material breach of the
Executive’s fiduciary duties to the Company or any of its Subsidiaries; or (vi) gross incompetence,
gross neglect, or gross misconduct in the performance of the Executive’s duties.

“Executive Preferred Units” has the meaning specified in the Preamble to this
Agreement.

“Fair Market Value” has the meaning specified in Section 5.2(a) of this Agreement.

“LLC Agreement” means the Second Amended and Restated Limited Liability Company
Agreement, dated as of February 9, 2009, among the Company and the persons named on Schedule A
thereto, as amended from time to time.

“Management Control Acquisition” means a Sale of the Company with respect to which (i)
immediately prior to such Sale of the Company, Dan Caruso is serving the Company as Chief Executive
Officer and (ii) after giving effect to the consummation of the Sale of the Company, Dan Caruso is
offered and accepts the opportunity to serve as the Chief Executive Officer of the combined company
resulting from such Sale of the Company.

“Noncompetition and Nonsolicitation Agreement” means the Noncompetition and
Nonsolicitation Agreement, dated as of January 5, 2011, between the Company and the Executive.

 

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“Nondisclosure and Developments Agreement” means the Nondisclosure and Developments
Agreement, dated as of January 5, 2011, between the Company and the Executive.

“Person” includes any individual, corporation, association, partnership (general or
limited), joint venture, trust, estate, limited liability company, or other legal entity or
organization.

“Public Offering” means an underwritten public offering and sale of any common
ownership interest of the Company or any securities issued with respect to, or in exchange for any
common ownership interest of the Company pursuant to an effective registration statement under the
Securities Act. For purposes of this definition, public sale means any sale of securities
registered pursuant to a registration statement under the Securities Act or pursuant to the
provisions of Rule 144 or Rule 145 adopted under the Securities Act or any substantially equivalent
sale made in compliance with successor provisions of the federal securities laws and regulations as
amended.

“Qualified Public Offering” means a Public Offering after which the Company’s common
equity securities will be traded on a U.S. national securities exchange or on the NASDAQ Stock
Market.

“Related Agreements” means the LLC Agreement, the Noncompetition and Nonsolicitation
Agreement and the Nondisclosure and Developments Agreement.

“Sale of the Company” has the meaning set forth in the LLC Agreement.

“Seller” has the meaning specified in Section 5.1 of this Agreement.

“Seller’s Units” has the meaning specified in Section 5.1 of this Agreement.

“Subsidiary(ies)” means any Person the majority of the Capital Securities of which,
directly, or indirectly through one or more other Persons, (a) the Company has the right to acquire
or (b) is owned or controlled by the Company. As used in this definition, “control,”
including, its correlative meanings, “controlled by” and “under common control
with,” shall mean possession of power to direct or cause the direction of management or
policies (whether through ownership of Capital Securities or partnership or other ownership
interests, by contract or otherwise).

“Termination Date” means the date the Executive’s employment is terminated, whether by
the Executive or the Company or any of its Subsidiaries.

“Unvested Units” means, at any time, Executive Preferred Units that are subject to any
vesting, forfeiture or similar arrangement under this Agreement.

“Vesting Start Date” means October 31, 2010.

 

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“Vesting Requirements” means those vesting requirements described in Section 3 of this
Agreement.

“Vested Units” means, at any time, Executive Preferred Units that are no longer
subject to any vesting, forfeiture or similar arrangement under this Agreement.

ARTICLE 2

ISSUANCE OF EXECUTIVE PREFERRED UNITS

2.1 Issuance of Executive Preferred Units. In consideration of the services to be
performed by Executive for the Company or any of its Subsidiaries, the Company hereby issues to
Bear Equity, and Bear Equity hereby accepts from the Company and on behalf of Executive, the five
hundred and eighty thousand (580,000) Executive Preferred Units upon the terms and conditions set
forth in this Agreement. Bear Equity shall hold such Executive Preferred Units subject to this
Agreement and to the LLC Agreement. Such Executive Preferred Units shall be subject to a
commencement date of February 26, 2010 for purposes of calculating the applicable Priority Return.

ARTICLE 3

VESTING

3.1 General Vesting Terms. Bear Equity shall vest into 8.3333% of the total Executive
Preferred Units every quarter (i.e. every three calendar months) that has elapsed after the Vesting
Start Date such that at the end of three (3) years after the Vesting Start Date Bear Equity shall
be fully vested in said Units, subject to the below terms and Section 3.2 hereof.

(a) In the event the Executive’s employment with the Company or any of its Subsidiaries is
terminated by the Company or any of its Subsidiaries for any reason other than for Cause,
including, but not limited to, by reason of death or disability, then Bear Equity shall immediately
vest into 100% of the total Executive Preferred Units;

(b) In the event the Executive’s employment with the Company or any of its Subsidiaries is
terminated by the Company or any of its Subsidiaries for Cause OR if Executive voluntarily
terminates his employment with the Company or any of its Subsidiaries, then (i) Bear Equity shall
retain any and all Executive Preferred Units vested on or before the Termination Date, and (ii) any
and all Executive Preferred Units that are unvested as of the Termination Date shall be
automatically forfeited back to the Company in accordance with Section 3.3 below.

(c) In the event the Company elects and/or appoints a Chairman of the Board other than
Executive (without Executive’s approval), then Executive shall have the right (but not the
obligation) to elect one of the following options: (i) if Executive elects to have full and
immediate acceleration of vesting on all unvested Executive Preferred Units, then such accelerated
vesting shall immediately occur and Executive shall remain subject to all of the terms and
conditions of the Noncompetition and Nonsolicitation Agreement through the remainder of that
Noncompetition and Nonsolicitation Agreement’s three (3) year term, or (ii) if Executive elects to not have full and immediate acceleration of vesting under such circumstances, then
Executive shall thereafter not be subject to any of the terms and conditions of said Noncompetition
and Nonsolicitation Agreement (however, if Executive elects this option (ii) AND continues to be
employed by the Company, then Executive will be subject to the terms and conditions of said
Noncompetition and Nonsolicitation Agreement ONLY for as long as Executive’s employment with the
Company continues — after which such restrictions shall immediately expire). If Executive is
going to exercise the above referenced election, the Executive must do so within sixty (60) days of
the date the Chairman is elected and/or appointed. For the avoidance of doubt, the above two
options are not conditioned on or subject to the termination of Executive’s employment with Company
or any of its Subsidiaries.

 

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3.2 Sale of the Company and Qualified Public Offering.

(a) Notwithstanding any other terms and conditions in this Article 3, upon the consummation of
a Sale of the Company, provided that the Executive is employed by the Company or any of its
Subsidiaries on the date of such Sale of the Company, Bear Equity shall immediately vest into 100%
of the total Executive Preferred Units. However, if the Board determines that the Sale of the
Company also constitutes a Management Control Acquisition, then Bear Equity will continue to vest
in the Executive Preferred Units quarterly in accordance with Section 3.1 above and there will not
be an acceleration of vesting under such circumstances.

(b) Notwithstanding any other provisions in this Article 3, upon the consummation of a
Qualified Public Offering by the Company or any of its Subsidiaries, provided that the Executive is
employed by the Company or any of its Subsidiaries on the date of such Qualified Public Offering,
Bear Equity shall immediately vest into 100% of the total Executive Preferred Units.

3.3 Forfeiture Upon Failure to Vest. In the event the Executive’s employment with the
Company or any of its Subsidiaries is terminated in accordance with Section 3.1(b) above, then any
unvested Executive Preferred Units as of the Termination Date shall thereupon be deemed for all
purposes to have been forfeited and to have been surrendered to the Company without the need for
any payment to the Executive or any further action by the Company or any other Person.

ARTICLE 4

RESTRICTIONS ON TRANSFER OF UNITS

Except for any Transfers permitted in the LLC Agreement or other agreement entered into in
connection herewith or therewith, the Executive shall not transfer any Executive Preferred Units.

 

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ARTICLE 5

REPURCHASE RIGHTS

5.1 Right to Repurchase.

(a) Upon the occurrence of any breach of this Agreement or any Related Agreement by the
Executive or Bear Equity, the Company or its designees (collectively, the “Buyer”) shall
have the right (in addition to exercising any rights or remedies available to the Company at law or
in equity against Executive or Bear Equity) to purchase from Bear Equity and its transferees
(collectively, the “Seller”), free and clear of all liens and encumbrances other than
pledges to secure obligations of the Company or any Subsidiary (“Liens”), any or all Vested
Units held by the Seller (collectively referred to herein as the “Seller’s Units”), for a
purchase price equal to Fair Market Value (defined below) (the “Purchase Price”) and in
accordance with the terms specified below (the “Repurchase Rights”).

(b) The Repurchase Rights shall be exercisable at any time by written notice from the Buyer to
the Seller (the “Purchase Notice”).

5.2 Closing of Sale.

(a) In the event that the Repurchase Right is exercised at the time of a Sale of the Company
or other arms length third party transaction involving a valuation of the assets or securities of
the Company and its Subsidiaries, for purposes of this Agreement, the “Fair Market Value” of each
Executive Preferred Unit shall mean (i) the total consideration that would be received by a holder
of such Executive Preferred Unit in such Sale of the Company or (ii) deemed price per Executive
Preferred Unit based upon the valuation of the assets or securities of the Company and its
Subsidiaries in any other arms length third party transaction. In any other cases, for purposes of
this Agreement, “Fair Market Value” of any Executive Preferred Unit shall mean the total
consideration that would be received by a holder of such Executive Preferred Unit (without any
premium or discount attributable to control, minority interest or lack of liquidity for less than
all Executive Preferred Units) upon the sale, as of the date of the Purchase Notice, of all the
Company’s issued and outstanding Capital Securities in a single transaction or series of related
transactions to a buyer willing to pay the highest purchase price that would be received in a sale
conducted by a nationally recognized investment banking firm, which buyer is under no compulsion to
buy and the holders of such equity securities are under no compulsion to sell, all parties having
reasonable knowledge of all relevant facts, with no minority interest discount being applied and no
other discount being applied for any other reason. The Fair Market Value of the Executive
Preferred Units shall be that which is negotiated by the Company and the Seller. If the Company
and the Seller fail to agree on the Fair market Value within thirty (30) days of the date of the
Purchase Notice, then the Company and the Seller shall attempt to agree upon an appraiser to
determine the Fair Market Value, which such appraiser shall make such determination within thirty
(30) days of the date of such person’s engagement, and such determination shall govern. If the
Company and the Seller do not, within such 10 day period, agree as to a single appraiser, or if the
appraiser appointed as provided above fails to determine such Fair Market Value within thirty (30)
days of the date of such person’s engagement, then each of the Company and the Seller, by notice to
the other, shall appoint one appraiser. If either the Company or the Seller shall fail to appoint such an appraiser within ten (10) days after
the lapse of such 10 or 30 day period, as applicable, then the appraiser appointed by the party
that does so appoint an Appraiser shall make the determination of such Fair Market Value and such
determination shall govern. If two appraisers are appointed and they agree upon such Fair Market
Value, their joint determination shall govern. If said two appraisers fail to reach agreement
within thirty (30) days after the appointment of the last appraiser to be appointed, the two
appraisers selected shall promptly select a nationally recognized investment banking firm to the be
the third appraiser. Such third appraiser shall, within fifteen (15) days following such
appraiser’s appointment, select one of the two other appraisals as constituting Fair Market Value.
All decisions of the appraiser(s) shall be rendered in writing and shall be signed by the
appraiser(s). The Fair Market Value determined as herein provided shall be conclusive, final and
binding on the parties and shall be enforceable in any court having jurisdiction over a proceeding
brought to seek such enforcement. The cost of the Fair Market Value determination shall be borne
by the Company.

 

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(b) The consummation of any purchase and sale of the Seller’s Units under this Section 5.2
shall, unless otherwise agreed in writing by the parties to such transaction, shall occur on the
thirtieth (30th) day following the date of the Fair Market Value is determined, or such earlier
date as Buyer shall specify. The Purchase Price to be paid for the Seller’s Units to be purchased
and sold pursuant to this Section 5 shall be paid in immediately available funds. Upon tender of
payment of the Purchase Price for the Seller’s Units being purchased as provided above, thereupon
and without any further action on the part of any person being necessary, all right, title and
interest in and to the Seller’s Units being purchased shall thereupon pass to the Buyer. Without
limitation of the foregoing, the parties and their transferees shall execute and deliver such
certificates and other documents and take such further action as the Buyer may reasonably request
in order to further evidence the purchase and sale of the Seller’s Units as contemplated hereby.

ARTICLE 6

MISCELLANEOUS

6.1 Tax Issues.

(a) THE ISSUANCE OF THE EXECUTIVE PREFERRED UNITS TO BEAR EQUITY FOR THE BENEFIT OF THE
EXECUTIVE PURSUANT TO THIS AGREEMENT INVOLVES COMPLEX AND SUBSTANTIAL TAX CONSIDERATIONS,
INCLUDING, WITHOUT LIMITATION, CONSIDERATION OF THE ADVISABILITY OF THE EXECUTIVE AND/OR BEAR
EQUITY MAKING AN ELECTION UNDER SECTION 83(B) OF THE INTERNAL REVENUE CODE. THE EXECUTIVE HAS
CONSULTED EXECUTIVE’S OWN TAX ADVISOR WITH RESPECT TO THE TRANSACTIONS DESCRIBED IN THIS AGREEMENT.
THE COMPANY MAKES NO WARRANTIES OR REPRESENTATIONS WHATSOEVER TO THE EXECUTIVE OR BEAR EQUITY
REGARDING THE TAX CONSEQUENCES RELATED TO THE EXECUTIVE PREFERRED UNITS AND/OR ISSUANCE THEREOF
AND/OR THIS AGREEMENT.

(b) Executive and/or Bear Equity shall be responsible for payment of any and all tax
liabilities of Executive and/or Bear Equity as a result of the issuance and receipt of the
Executive Preferred Units. If the Executive elects, in accordance with Section 83(b) of the Code,
to recognize ordinary income in the year of acquisition of the Executive Preferred Units, the
Company may require at the time of such election an additional payment for withholding tax purposes
based on the difference, if any, between the purchase price for such Executive Preferred Units and
the fair market value of such Executive Preferred Units as of the date of the acquisition of such
Executive Preferred Units by Bear Equity.

 

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(c) Notwithstanding any other terms and conditions contained in this Section 6, in the event
that it shall be determined that the aggregate payments or distributions by the Company to or for
the benefit of the Executive, whether paid or payable or distributed or distributable pursuant to
the terms of this Agreement or otherwise, but determined without regard to any additional payments
required under this section (the “Payments”), constitute “excess parachute payments” (as
such term is defined under Section 280G of the Internal Revenue Code of 1986, as amended (the
“Code”) or any successor provision, and the regulations promulgated thereunder) that are
subject to the excise tax imposed by Section 4999 of the Code or any successor provision, or any
interest or penalties with respect to such excise tax (the total excise tax, together with any
interest and penalties, are hereinafter collectively referred to as the “Excise Tax”)),
then the Executive shall be entitled to receive an additional payment (a “Gross-Up
Payment”) from the Company in an amount such that after payment by the Executive of all taxes
(including any interest or penalties imposed with respect to such taxes), including, without
limitation, any Federal, state or local income and employment taxes and Excise Tax (and any
interest and penalties imposed with respect to any such taxes) imposed upon the Gross-Up Payment,
the Executive retains an amount of the Gross-Up Payment equal to the Excise Tax imposed upon the
Payments. The Company shall use commercially reasonable efforts to make any Gross-Up Payment
hereunder to the Executive no later than ninety (90) days after the transaction resulting in the
related Payments occurs (or, for any additional Gross-Up Payment due to a redetermination, as soon
as reasonably practicable after such redetermination is made, but in all events no later than
December 31 of the year next following the year in which the related taxes are remitted to the
applicable taxing authority). This Section 6.1(c) shall cease to apply upon the consummation of a
Qualified Public Offering of the common stock of the Company, or any applicable Subsidiary thereof,
or its successor.

6.2 Employment of the Executive. The Executive acknowledges that he or she is an
employee at-will. The Executive agrees that this Agreement does not create an obligation of the
Company or any of its Subsidiaries or any other Person to employ the Executive, nor does it give
rise to any right or expectancy with respect thereto.

6.3 Transferees. Each and every permitted transferee or assignee of Executive
Preferred Units from Bear Equity shall be bound by and subject to all the terms and conditions of
this Agreement and the LLC Agreement on the same basis Bear Equity is bound. So long as this
Agreement is in effect, no Transfer of any Executive Preferred Units shall be effective unless such
Transfer is made pursuant to the terms of the LLC Agreement and the transferee agrees in writing to
be bound by, and subject to, the provisions of this Agreement upon the same terms applicable to the
transferors and to ensure that such transferees’ transferees shall be likewise bound.

 

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6.4 Effect of Prohibited Transfer. If any Transfer of Executive Preferred Units is
made contrary to the terms of this Agreement or the LLC Agreement, such Transfer shall be null and
void. In addition to any other legal or equitable remedies it may have, the Company may enforce
its rights to specific performance to the extent permitted by law and may exercise such other
equitable remedies then available to it. The Company may refuse for any purpose to recognize any
transferee who receives Executive Preferred Units contrary to the provisions of this Agreement or
the LLC Agreement as a member of the Company.

6.5 Securities Laws Restrictions on Resale; Representations of the Executive and Bear
Equity.

(a) Until registered under the applicable Securities Laws, the Executive Preferred Units will
be of an illiquid nature and will be deemed to be “restricted securities” for purposes of the
Securities Laws. Accordingly, such Executive Preferred Units must be sold in compliance with the
registration requirements of the applicable Securities Laws or an exemption there from. Unless the
Executive Preferred Units have been registered under the applicable Securities Laws, any
certificate evidencing any of the Executive Preferred Units shall bear a legend substantially as
follows:

THE UNITS HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933,
AS AMENDED, OR THE SECURITIES OR BLUE SKY LAWS OF ANY STATE OR OTHER JURISDICTION
AND MAY NOT BE OFFERED OR SOLD UNLESS THEY HAVE BEEN REGISTERED UNDER SUCH ACT AND
THE APPLICABLE SECURITIES OR BLUE SKY LAWS OF ANY SUCH STATE OR OTHER JURISDICTION
OR UNLESS AN EXEMPTION FROM REGISTRATION IS AVAILABLE, AND THEN ONLY IN COMPLIANCE
WITH THE RESTRICTIONS ON TRANSFER SET FORTH IN THE VESTING AGREEMENT WITH EXECUTIVE
AND BEAR EQUITY AND THE COMPANY’S AMENDED AND RESTATED LIMITED LIABILITY COMPANY
AGREEMENT, A COPY OF WHICH MAY BE OBTAINED FROM THE UNDERSIGNED AT ITS PRINCIPAL
EXECUTIVE OFFICES LISTED ABOVE.

(b) Each of the Executive and Bear Equity represents that: (i) the Executive Preferred Units
are being acquired solely for investment and not with a view to, or for sale in connection with,
any distribution of the Executive Preferred Units nor with any present intention of distributing or
selling such Executive Preferred Units; (ii) Bear Equity have made a detailed inquiry concerning
the Company, its business and services, its officers and its personnel; (iii) the officers of the
Company have made available to Bear Equity, or as a result of the Executive’s position with the
Company, Bear Equity has access to, any and all information concerning the Company which Bear
Equity has requested or deems relevant; (iv) each of the Executive and Bear Equity has such
knowledge and experience in financial and business matters that the Executive and Bear Equity are
capable of evaluating the merits and risks of investment in the Executive Preferred Units; (v) each
of the Executive and Bear Equity is an “accredited investor” as defined in Regulation D promulgated
under the Securities Act of 1933, as amended, and (vi) each of the Executive and Bear Equity can
bear a complete loss of the value of the Executive Preferred Units and is able to bear the economic risk of holding such Executive Preferred
Units for an indefinite period.

 

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6.6 Remedies.

(a) The rights and remedies provided by this Agreement are cumulative and the use of any one
right or remedy by any party shall not preclude or waive its right to use any or all other
remedies. Said rights and remedies are given in addition to any other rights the parties may have
at law or in equity.

(b) Without limitation of the foregoing, the parties hereto agree that irreparable harm would
occur in the event that any of the agreements and provisions of this Agreement were not performed
fully by the parties hereto in accordance with their specific terms or were otherwise breached, and
that money damages are an inadequate remedy for breach of the Agreement because of the difficulty
of ascertaining and quantifying the amount of damage that will be suffered by the parties hereto in
the event that this Agreement is not performed in accordance with its term or is otherwise
breached. It is accordingly hereby agreed that the parties hereto shall be entitled to an
injunction or injunctions to restrain, enjoin and prevent breaches of this Agreement, such remedy
being in addition to and not in lieu of, any other rights and remedies to which the other parties
are entitled to at law or in equity.

(c) Except where a time period is otherwise specified, no delay on the part of any party in
the exercise of any right, power, privilege or remedy hereunder shall operate as a waiver thereof,
nor shall any exercise or partial exercise of any such right, power, privilege or remedy preclude
any further exercise thereof or the exercise of any right, power, privilege or remedy.

6.7 Waivers and Amendments. The rights and obligations of the Company and the rights
and obligations of the Executive and/or Bear Equity under this Agreement may be waived (either
generally or in a particular instance, either retroactively or prospectively, and either for a
specified period of time or indefinitely) or amended only with the written consent of the
Executive, Bear Equity and the Company, as approved by the Board.

6.8 Governing Law. This Agreement shall be construed and enforced in accordance with
and governed by the laws of the State of Delaware (without giving effect to any conflicts or choice
of law provisions thereof that would cause the application of the domestic substantive laws of any
other jurisdiction).

6.9 CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL.

(a) EACH OF THE PARTIES HERETO CONSENTS TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE
STATE OF DELAWARE AND THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE, AS WELL AS TO
THE JURISDICTION OF ALL COURTS TO WHICH AN APPEAL MAY BE TAKEN FROM SUCH COURTS, FOR THE PURPOSE OF
ANY SUIT, ACTION OR OTHER PROCEEDING ARISING OUT OF, OR IN CONNECTION WITH, THIS AGREEMENT OR ANY
RELATED AGREEMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY.

 

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(b) EACH PARTY EXPRESSLY WAIVES ANY AND ALL RIGHTS TO BRING ANY SUIT, ACTION OR OTHER
PROCEEDING IN OR BEFORE ANY COURT OR TRIBUNAL OTHER THAN THE COURTS DESCRIBED ABOVE AND COVENANTS
THAT IT SHALL NOT SEEK IN ANY MANNER TO RESOLVE ANY DISPUTE OTHER THAN AS SET FORTH IN THIS SECTION
6.9 OR TO CHALLENGE OR SET ASIDE ANY DECISION, AWARD OR JUDGMENT OBTAINED IN ACCORDANCE WITH THE
PROVISIONS HEREOF.

(c) EACH OF THE PARTIES HERETO HEREBY EXPRESSLY WAIVES ANY AND ALL OBJECTIONS IT MAY HAVE TO
VENUE, INCLUDING, WITHOUT LIMITATION, THE INCONVENIENCE OF SUCH FORUM, IN ANY OF SUCH COURTS. IN
ADDITION, EACH OF THE PARTIES CONSENTS TO THE SERVICE OF PROCESS BY PERSONAL SERVICE OR ANY MANNER
IN WHICH NOTICES MAY BE DELIVERED HEREUNDER IN ACCORDANCE WITH SECTION 6.14 OF THIS AGREEMENT.
EACH OF THE PARTIES HERETO HEREBY VOLUNTARILY AND IRREVOCABLY WAIVES ALL RIGHTS TO A TRIAL BY JURY
IN ANY ACTION OR OTHER PROCEEDING BROUGHT IN CONNECTION WITH OR ANY MATTER ARISING UNDER, OUT OF OR
RELATING TO THIS AGREEMENT, THE RELATED AGREEMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREBY
OR THEREBY.

6.10 Successors and Assigns. Except as otherwise expressly provided herein, the
provisions hereof shall inure to the benefit of, and be binding upon, the permitted successors,
assigns, heirs, executors and administrators of the parties hereto.

6.11 Adjustments. If there shall be any change in the Capital Securities of the
Company through merger, consolidation, reorganization, recapitalization, equity distribution,
division or multiplication of Units, exchange of Units, or the like (any such event being an
“Adjustment”), all the terms and provisions of this Agreement shall be appropriately
construed to give proportionate effect to any new, additional, or different Units or securities
issued or exchanged for or in respect of the Executive Preferred Units as a result of such
Adjustment.

6.12 Entire Agreement. This Agreement constitutes the full and entire understanding
and agreement of the parties with regard to the subjects hereof and supersedes in their entirety
all other prior agreements, whether oral or written, with respect thereto.

 

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6.13 Notices. All demands, notices, requests, consents and other communications
required or permitted under this Agreement shall be in writing and shall be personally delivered or
sent by facsimile machine (with a confirmation copy sent by one of the other methods authorized in
this Section), reputable commercial overnight delivery service (including FedEx and U.S. Postal
Service overnight delivery service) or, deposited with the U.S. Postal Service mailed first class,
registered or certified mail, postage prepaid, as set forth below:

If to the Company, addressed to:

Communications Infrastructure Investments, LLC

400 Centennial Parkway, Suite 200

Louisville, CO 80027

Attention: General Counsel and the CII Board

with a copy to:

Communications Infrastructure Investments, LLC

400 Centennial Parkway, Suite 200

Louisville, CO 80027

Attention: Chief Financial Officer

If to the Executive or Bear Equity, addressed to:

Bear Equity, LLC and/or Daniel P Caruso

 _____________________________________________ 

 _____________________________________________ 

Attention: Daniel P Caruso

Notices shall be deemed given upon the earlier to occur of (i) receipt by the party to whom such
notice is directed; (ii) if sent by facsimile machine, on the day (other than a Saturday, Sunday or
legal holiday in the jurisdiction to which such notice is directed) such notice is sent if sent (as
evidenced by the facsimile confirmed receipt) prior to 5:00 p.m. Eastern Time and, if sent after
5:00 p.m. Eastern Time, on the day (other than a Saturday, Sunday or legal holiday in the
jurisdiction to which such notice is directed) after which such notice is sent; (iii) on the first
business day (other than a Saturday, Sunday or legal holiday in the jurisdiction to which such
notice is directed) following the day the same is deposited with the commercial courier if sent by
commercial overnight delivery service; or (iv) the fifth day (other than a Saturday, Sunday or
legal holiday in the jurisdiction to which such notice is directed) following deposit thereof with
the U.S. Postal Service as aforesaid. Each party, by notice duly given in accordance therewith may
specify a different address for the giving of any notice hereunder.

6.14 No Third Party Beneficiaries. There are no third party beneficiaries of this
Agreement.

6.15 Duration. These restrictions on the Units that are set forth in this Agreement
shall terminate upon the Company’s Qualified Public Offering (it being understood that the
termination of restrictions on the Executive Preferred Units shall not result in the forfeiture of
any Executive Preferred Units either vested or unvested then held by Executive and/or Bear Equity
at the time of the Company’s Qualified Public Offering). 

6.16 Securities Act Exemption. The Company and the Executive agree that this
Agreement constitutes “a written compensatory benefit plan” or “a written compensation contract” of
the Executive within the meaning of Rule 701 under the U.S. Securities Act of 1933.

 

- 12 -

 

6.17 Severability; Titles and Subtitles; Gender; Singular and Plural;
Counterparts.

(a) In case any provision of this Agreement shall be invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions of this Agreement shall not in
any way be affected or impaired thereby.

(b) The titles of the sections and subsections of this Agreement are for convenience of
reference only and are not to be considered in construing this Agreement.

(c) The use of any gender in this Agreement shall be deemed to include the other genders, and
the use of the singular in this Agreement shall be deemed to include the plural (and vice versa),
wherever appropriate.

(d) This Agreement may be executed in any number of counterparts, and by the different parties
hereto on separate counterparts hereof, each of which shall be an original, and all of which
together shall constitute one instrument.

(e) Counterparts of this Agreement (or applicable signature pages hereof) that are manually
signed and delivered by facsimile transmission shall be deemed to constitute signed original
counterparts hereof and shall bind the parties signing and delivering in such manner.

[Signature page follows]

 

- 13 -

 

IN WITNESS WHEREOF, the Company, the Executive and Bear Equity have executed this Agreement as
of the day and year first written above.

	 	 	 	 	 
	 	COMPANY:

Communications Infrastructure Investments, LLC

 	 
	 	By:  	/s/ Ken desGarennes
 	 
	 	 	Name:  	Ken desGarennes 	 
	 	 	Title:  	Vice President and Treasurer 	 
	 
	 	EXECUTIVE:

 	 
	 	/s/ Daniel P. Caruso
 	 
	 	(signature) 	 
	 	Daniel P. Caruso 	 
	 
	 	BEAR EQUITY:

Bear Equity, LLC

 	 
	 	By:  	/s/ Daniel P. Caruso
 	 
	 	 	Daniel P. Caruso 	 
	 	 	ManagerExhibit 10.1

Exhibit 10.1

BLUELINX HOLDINGS INC.

DIRECTOR AND OFFICER INDEMNIFICATION AGREEMENT

This Indemnification Agreement (“Agreement”) is made as of this _____ day of _____, 20_____, by and
between BlueLinx Holdings Inc., a Delaware corporation (the “Company”), and                     , a
[director][officer][director and officer] of the Company [and one or more of its subsidiaries]
(“Indemnitee”).

RECITALS

WHEREAS, the Company desires to attract and retain the services of highly qualified
individuals, such as Indemnitee, to serve as officers and directors of the Company and to indemnify
its officers and directors so as to provide them with the maximum protection permitted by law;

WHEREAS, the Company and Indemnitee recognize the increasing difficulty in obtaining
directors’ and officers’ liability insurance, the significant increases in the cost of such
insurance and the general reductions in the coverage of such insurance;

WHEREAS, the Company and Indemnitee further recognize the substantial increase in corporate
litigation in general, subjecting officers and directors to expensive litigation risks at the same
time as the availability and coverage of liability insurance has been severely limited;

WHEREAS, Article VI of the Company’s Amended and Restated Certificate of Incorporation and
Article V of the Company’s Amended and Restated Bylaws provide for indemnification of the Company’s
directors and officers to the fullest extent permitted by applicable law, and provide that such
provisions are not exclusive and may be supplemented by agreements between the Company and its
officers and directors;

WHEREAS, it is reasonable, prudent and necessary for the Company contractually to obligate
itself to indemnify its directors and certain of its officers to the fullest extent permitted by
applicable law so that they will serve or continue to serve the Company free from undue concern
that they will not be so indemnified; and

WHEREAS, the Indemnitee is willing to [serve] [continue to serve] [and to take on additional
service for or] on behalf of the Company on the condition that he or she be so indemnified.

NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the
Company and the Indemnitee do hereby covenant and agree as follows:

1. Continued Service. The Indemnitee agrees to serve or continue to serve, at the
will of the Company, the stockholders of the Company or under separate contract, as applicable, as
a director or officer of the Company for as long as he or she is duly elected or appointed or until
such time as he or she resigns in writing or is removed from office.

 

 

 

2. Definitions.

(a) “Expenses” shall include, but shall not be limited to, damages, judgments, fines,
settlements and charges, costs, expenses of investigation and expenses of defense of legal actions,
suits, proceedings or claims and appeals, and expenses of appeal, attachment or similar bonds;
provided, however, that the term “Expenses” shall not include any judgments, fines or penalties
actually levied against the Indemnitee that the Company is prohibited by applicable law from
paying.

(b) “Finally Adjudication” means that acts or omissions of Indemnitee shall have been
finally adjudged by a court having proper jurisdiction, and after all rights of appeal have been
exhausted or lapsed.

(c) “Fines” shall include any excise taxes assessed on a person with respect to an
employee benefit plan.

(d) “Proceeding” shall mean any threatened, pending or completed action, suit or
proceeding, or any inquiry, hearing or investigation, whether brought in the name of the Company or
otherwise and whether of a civil, criminal or administrative or investigative nature, including,
but not limited to, actions, suits or proceedings brought under or predicated on the Securities Act
of 1933, as amended, the Securities Exchange Act of 1934, as amended, their respective state
counterparts, or any rule or regulation promulgated under them, in which the Indemnitee may be or
may not have been involved as a party or otherwise by reason of the fact that Indemnitee is or was
a director or officer of the Company, by reason of any action taken by him or her or of any
inaction of his or her part while acting as a director or officer, or by reason of the fact that he
or she is or was serving at the request of the Company as a director, officer, employee or agent of
another corporation, limited liability company, partnership, joint venture, trust or other
enterprise, whether or not he or she is serving in that capacity at the time any indemnified
liability or reimburseable expense is incurred.

(e) The term “serving at the request of the Company” shall include any service as a
director, officer, employee or agent of the Company which imposes duties on, or involves services
by, such director, officer, employee or agent with respect to an employee benefit plan, its
participants or beneficiaries.

3. Indemnification.

(a) Third Party Proceedings. The Company agrees to indemnify and hold harmless
Indemnitee if Indemnitee is a party to, threatened to be made a party to, or otherwise involved in
any Proceeding (other than a Proceeding by or in the name of the Company itself to procure a
judgment in its favor), by reason of the fact that Indemnitee is or was a director or officer of
the Company or is or was serving at the request of the Company as a director, officer, employee or
agent of another corporation, partnership, joint venture, trust or other enterprise, against all
Expenses actually and reasonably incurred by the Indemnitee in connection with the investigation,
defense, settlement or appeal of the Proceeding, provided it is determined, pursuant to Section 4
hereof or by the court before which the action was brought, that the Indemnitee acted in good faith
and in a manner that he or she reasonably believed to be
in the best interests or not opposed to the best interests of the Company and, in the case of
a criminal proceeding, the Indemnitee had no reasonable cause to believe his or her action was
unlawful. The termination of any action, suit or proceeding by judgment, order, settlement,
conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a
presumption that Indemnitee did not act in good faith and in a manner which he or she reasonably
believed to be in the best interests or not opposed to the best interests of the Company, and, with
respect to any criminal action or proceeding, had reasonable cause to believe that his or her
conduct was unlawful.

 

- 2 -

 

(b) Proceedings by or in the Right of the Company. The Company shall indemnify and
hold harmless Indemnitee against all Expenses actually and reasonably incurred by the Indemnitee in
connection with the investigation, defense, settlement, or appeal of an Proceeding by or in the
name of the Company to procure a judgment in favor of the Company by reason of the fact that the
Indemnitee was or is a director or officer of the Company or is or was serving at the request of
the Company as a director, officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise, but only if he or she acted in good faith and in a manner he or
she reasonably believed to be in the best interests or not opposed to the best interests of the
Company and its stockholders; except that no indemnification shall be made in respect of any claim,
issue or matter as to which Indemnitee shall have been adjudged to be liable to the Company unless
and only to the extent that the Delaware Court of Chancery or the court in which such action or
suit was brought shall determine upon application that, despite the adjudication of liability but
in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to
indemnity for such expenses which the Delaware Court of Chancery or such other court shall deem
proper.

4. Expenses; Indemnification Procedure.

(a) Advance of Expenses. Expenses (including reasonable attorneys’ fees) incurred by
Indemnitee in defending any Proceeding described in Section 3(a) or (b) hereof shall be paid by the
Company in advance of the final disposition of such action, suit or proceeding upon receipt of a
written undertaking by or on behalf of Indemnitee to repay such amount if it shall ultimately be
determined that he or she is not entitled to be indemnified by the Company as authorized under this
Agreement.

(b) Statement of Undertaking. The Company’s obligations to advance Expenses pursuant
to Section 4(a) hereof is subject only to the following condition: if the Proceeding arose in
connection with Indemnitee’s service as a director and/or officer of the company or member of a
committee of the Board of Directors of the Company (and not in any other capacity in which
Indemnitee rendered service, including but not limited to service to any corporation, partnership,
joint venture, trust or other enterprise for which Indemnitee was serving as a director, officer,
employee or agent at the request of the Company), then Indemnitee or his or her representative must
have executed and delivered to the Company at the address shown in Section 11 of this Agreement (or
such address as the Company shall designate in writing to Indemnitee) an undertaking in the form of
Exhibit A hereto (the “Statement of Undertaking”) to repay all advancements of Expenses if
and to the extent that there is a Final Adjudication that Indemnitee is not entitled to be
indemnified for such advancement of Expenses pursuant to Section 3 hereof. The Statement of
Undertaking need not be secured and shall be accepted by
the Company without reference to Indemnitee’s financial ability to make repayment. No
interest shall be charged on any obligation to reimburse the Company for any advancement of
Expenses.

 

- 3 -

 

(c) Notice/Cooperation By Indemnitee. Indemnitee shall, as a condition precedent to
his or her right to be indemnified under this Agreement, give the Company notice in writing as soon
as reasonably practicable of any claim made or threatened to be made against Indemnitee for which
indemnification is or will be sought under this Agreement. Notice to the Company shall be directed
to the Company at the address shown in Section 12 of this Agreement (or such address as the Company
shall designate in writing to Indemnitee). In addition, Indemnitee shall give the Company such
information and cooperation as it may reasonably require and as shall be within Indemnitee’s power.

(d) Procedure. If a claim for indemnification under Section 3 hereof is not paid in
full by the Company within ninety (90) days after a written claim has been received by the Company,
or a claim under Section 4(a) hereof for an advancement of expenses is not paid in full by the
Company within thirty (30) days after both a written claim and a Statement of Undertaking has been
received by the Company, Indemnitee may at any time thereafter bring suit against the Company to
recover the unpaid amount of the claim (an “Enforcement Action”). If successful in whole
or in part in any such suit, or in a suit brought by the Company to recover an advancement of
expenses pursuant to Section 4(a), Indemnitee shall also be entitled to be paid the expense of
prosecuting or defending such suit, including any reasonable attorneys’ fees. In any suit by the
Company to recover an advancement of expenses pursuant to Section 4(a), the Company shall be
entitled to recover such expenses, upon a Final Adjudication that Indemnitee has not met the
standards of conduct which makes it permissible under applicable law for the Company to indemnify
Indemnitee for the amounts claimed. Neither the failure of the Company (including its board of
directors, independent legal counsel or stockholders) to have made a determination prior to the
commencement of such suit that indemnification of Indemnitee is proper in the circumstances because
Indemnitee has met the standards of conduct which makes it permissible under applicable law for the
Company to indemnify Indemnitee for the amounts claimed, nor an actual determination by the Company
(including its board of directors, independent legal counsel, or stockholders) that Indemnitee has
not met such applicable standard of conduct, shall create a presumption that Indemnitee has not met
the applicable standard of conduct or, in the case of such a suit brought by Indemnitee, be a
defense to such suit. In any suit brought by Indemnitee to enforce a right to indemnification or
to an advancement of expenses pursuant to Section 4(a) hereunder, or by the Company to recover an
advancement of expenses pursuant to Section 4(a), the burden of proving that Indemnitee is not
entitled to be indemnified, or to such advancement of expenses, under this Agreement or otherwise
shall be on the Company.

(e) Notice to Insurers. If, at the time of the receipt of a notice of an actual or
threatened claim pursuant to Section 4(c) hereof, the Company has director and officer liability
insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to
the insurers in accordance with the procedures set forth in its policies. The Company shall
thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the
Indemnitee, all amounts payable as a result of such proceeding in accordance with and to the extent
of the terms of such policies.

 

- 4 -

 

(f) Selection of Counsel. In the event the Company shall be obligated under Sections
3 or 4(a) hereof to pay the expenses of any proceeding against Indemnitee, the Company, if
appropriate, shall be entitled to assume the defense of such proceeding, with counsel approved by
Indemnitee, which approval shall not be unreasonably withheld or delayed, upon the delivery to
Indemnitee of written notice of the Company’s election so to do. After delivery of such notice,
approval of such counsel by Indemnitee and the retention of such counsel by the Company, the
Company will not be liable to Indemnitee under this Agreement for any fees of counsel subsequently
incurred by Indemnitee with respect to the same proceeding, provided that: (i) Indemnitee shall
have the right to employ his or her counsel in any such proceeding at Indemnitee’s expense; and
(ii) if (A) the employment of counsel by Indemnitee at the Company’s expense has been previously
authorized by the Company, or (B) the Company shall not, in fact, have employed counsel to assume
the defense of such proceeding, then the reasonable fees and expenses of Indemnitee’s counsel shall
be at the expense of the Company.

5. Additional Indemnification Rights: Nonexclusivity.

(a) Scope. Notwithstanding any other provision of this Agreement, the Company hereby
agrees to indemnify the Indemnitee to the fullest extent permitted from time to time by the
Delaware General Corporation Law as the same presently exists or may hereafter be amended (but, if
permitted by applicable law, in the case of any amendment, only to the extent that such amendment
permits the Company to provide broader indemnification rights than permitted prior to such
amendment) or any other applicable law as presently or hereafter in effect. In the event of any
change in any applicable law, statute or rule which narrows the right of a Delaware corporation to
indemnify a member of its board of directors, an officer or other corporate agent, such changes, to
the extent not otherwise required by such law, statute or rule to be applied to this Agreement,
shall have no effect on this Agreement or the parties’ rights and obligations hereunder.

(b) Nonexclusivity. The indemnification and advancement of expenses provided by or
granted pursuant to this Agreement shall not be deemed exclusive of any other rights to which
Indemnitee may be entitled under the Company’s Amended and Restated Certificate of Incorporation
(as the same may be further amended from time to time), the Company’s Amended and Restated By-Laws
(as the same may be amended from time to time), any other agreement or contract, any vote of
stockholders or disinterested directors or otherwise, both as to action in his or her official
capacity and as to action in another capacity while holding such office.

6. Partial Indemnification. If Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for some or a portion of the expenses, judgments, fines
or penalties actually or reasonably incurred by him or her in the investigation, defense, appeal or
settlement of any civil or criminal action or proceeding, but not, however, for the total amount
thereof, the Company shall nevertheless indemnify Indemnitee for the portion of such expenses,
judgments, fines or penalties to which Indemnitee is entitled.

7. Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that, in
certain instances, Federal law or applicable public policy may prohibit the Company from
indemnifying its directors and officers under this Agreement or otherwise.
Indemnitee understands and acknowledges that the Company may be required in the future to
submit for determination by the appropriate regulatory agency the question of whether the Company’s
obligation to indemnify Indemnitee is barred as a matter of public policy. Nothing in this
Agreement is intended to require or shall be construed as requiring the Company to do or fail to do
any act in violation of applicable law. The Company’s inability, pursuant to court order, to
perform its obligations under this Agreement shall not constitute a breach of this Agreement.

 

- 5 -

 

8. Exceptions. Any other provision herein to the contrary notwithstanding, the
Company shall not be obligated pursuant to the terms of this Agreement:

(a) Excluded Acts. To indemnify Indemnitee for any acts or omissions or transactions
from which an officer or a director may not be relieved of liability under the Delaware General
Corporation Law; or

(b) Claims Initiated by Indemnitee. To indemnify or advance expenses to Indemnitee
with respect to a proceeding (or part thereof) initiated or brought voluntarily by Indemnitee and
not by way of defense, except with respect to a proceeding (or part thereof) brought to enforce a
right to indemnification under this Agreement and except with respect to a proceeding (or part
thereof) authorized or consented to by the board of directors of the Company; or

(c) Lack of Good Faith. To indemnify Indemnitee for any expenses incurred by the
Indemnitee with respect to any proceeding instituted by Indemnitee to enforce or interpret this
Agreement, if a court of competent jurisdiction determines that each of the material assertions
made by the Indemnitee in such proceeding was not made in good faith or was frivolous; or

(d) Insured Claims. To indemnify Indemnitee for expenses or liabilities of any type
whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or penalties, and
amounts paid in settlement) to the extent paid, or acknowledged to be payable, directly to or on
behalf of Indemnitee by an insurance carrier under a policy of officers’ and directors’ liability
insurance; or

(e) Claims Under Section 16(b). To indemnify Indemnitee for expenses and the payment
of profits arising from the purchase and sale by Indemnitee of securities that is deemed, pursuant
to a Final Adjudication, to be in violation of Section 16(b) of the Securities Exchange Act of
1934, as amended, or any similar successor statute.

9. Counterparts. This Agreement may be executed in counterparts, each of which shall
constitute an original.

10. Binding Effect; Successors and Assigns. This Agreement shall be binding upon the
Company and its successors and assigns (including any direct or indirect successor by purchase,
merger, consolidation or otherwise to all or substantially all of the business or assets of the
Company), and shall inure to the benefit of Indemnitee and Indemnitee’s estate, heirs, legal
representative and assigns. The Company shall require and cause any successor (whether direct or
indirect, and whether by purchase, merger, consolidation or otherwise) to all or substantially all
of its business or assets expressly to assume and agree to perform this Agreement in the same
manner and to the same extent that it would be required to perform if no such succession had
taken place.

 

- 6 -

 

11. Attorney’s Fees. In the event that any action is instituted by Indemnitee under
this Agreement to enforce or interpret any of the terms hereof, Indemnitee shall be entitled to be
paid all costs and expenses, including reasonable attorneys’ fees, incurred by Indemnitee with
respect to such action, unless as a part of such action, the court of competent jurisdiction
determines that each of the material assertions made by Indemnitee as a basis for such action were
not made in good faith or were frivolous. In the event of an action instituted by or in the name
of the Company under this Agreement or to enforce or interpret any of the terms of this Agreement,
Indemnitee shall be entitled to be paid all costs and expenses, including reasonable attorneys’
fees, incurred by Indemnitee in defense of such action (including with respect to Indemnitee’s
counterclaims and cross-claims made in such action), unless as a part of such action the court
determines that each of Indemnitee’s material defenses to such action were made in bad faith or
were frivolous.

12. Notice. All notices, requests, demands and other communications under this
Agreement shall be in writing, shall be deemed received three business days after the date
postmarked if sent by domestic certified or registered mail, properly addressed, or if sent
otherwise, when such notice shall actually be received, and shall be delivered by Federal Express
or a similar courier, personal delivery, certified or registered air mail, or by facsimile
transmission. Addresses for notice to either party are as follows (or at such other addresses for
a party as shall be specified by like notice):

if to the Company:

BlueLinx Holdings Inc.

4300 Wildwood Parkway

Atlanta, Georgia 30339

Attention: Legal Department

Fax No.: 770-953-7008

if to Indemnitee:

 

 

 

Fax No.:                                         

13. Consent To Jurisdiction. The Company and Indemnitee each hereby irrevocably
consent to the jurisdiction of the courts of the State of Delaware for all purposes in connection
with any action or proceeding which arises out of or relates to this Agreement and agree that any
action instituted under this Agreement shall be brought only in the state courts of the State of
Delaware.

 

- 7 -

 

14. Choice of Law. This Agreement shall be governed by and its provisions
construed in accordance with the laws of the State of Delaware, as applied to contracts
between Delaware residents entered into and to be performed entirely within Delaware.

15. Severability. The provisions of this Agreement shall be severable in the event
that any of the provisions hereof (including any provision within a single section, paragraph or
sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise
unenforceable, and the remaining provisions shall remain enforceable to the fullest extent
permitted by law. Furthermore, to the fullest extent possible, any provision of this Agreement
(including, without limitations, each portion of this Agreement containing any provision held to be
invalid, void or otherwise unenforceable, that is not itself invalid, void or unenforceable) shall
be construed so as to give effect to the intent manifested by the provision held invalid, illegal
or unenforceable.

16. Subrogation. In the event of payment under this Agreement, the Company shall be
subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall
execute all documents required and shall do all acts that may be necessary to secure such rights
and to enable the Company effectively to bring suit to enforce such rights.

17. Continuation of Indemnification. The indemnification and advancement of expenses
provided by, or granted pursuant to, this Agreement shall, unless otherwise provided when
authorized or ratified, continue as to Indemnitee after Indemnitee has ceased to be a director,
officer, employee or agent and shall inure to the benefit of the heirs, executors, administrators
and personal representatives of Indemnitee.

18. Amendment and Termination. No amendment, modification, termination or
cancellation of this Agreement shall be effective unless in writing signed by both parties hereto.

19. Integration and Entire Agreement. This Agreement sets forth the entire
understanding between the parties hereto and supersedes and merges all previous written and oral
negotiations, commitments, understandings and agreements relating to the subject matter hereof
between the parties hereto.

20. No Construction as Employment Agreement. Nothing contained in this Agreement
shall be construed as giving Indemnitee any right to be retained in the employ of the Company or
any of its subsidiaries or affiliated entities.

[Signatures appear on following page]

 

- 8 -

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above
written.

	 	 	 	 	 
	 	BLUELINX HOLDINGS INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	INDEMNITEE
 	 
	 	 	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

- 1 -

 

EXHIBIT A

STATEMENT OF UNDERTAKING

	 	 	 	 	 	 	 	 	 
	STATE OF

	 	 	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 
	 

	 	 	 	 	)	 	 	ss.
	COUNTY OF 

	 	 	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 

I,                                         , being first duly sworn, do depose and say as follows:

	 	1.	 	This Statement is submitted pursuant to the Indemnification Agreement (the
“Agreement”) dated                      between BlueLinx Holdings Inc., a Delaware
corporation (the “Company”) and me.

	 
	 	2.	 	I am requesting an advancement of Expenses, as defined in the Agreement.

	 
	 	3.	 	I hereby undertake to repay the advancement of Expenses if any to the extent it
is Finally Adjudicated (as defined in the Agreement) that I am not entitled under the
Agreement to be indemnified by the Company.

	 
	 	4.	 	The expenses for which such advancement is requested, and a brief description
of the underlying Proceeding (as defined in the Agreement), are as follows:

	 
	 	 	 	[brief description of expenses and Proceeding(s)]

	 	 	 

	DATED:                     

	 	 
	 

	 	 

SUBSCRIBED AND SWORN TO before me this _____day of                     , _____,

	 	 	 

	(seal or stamp)
	 	 
	 

	 	 
	 

	 	Notary Signature
	 
	 	 
	 

	 	 
	 

	 	Print/type Name
Notary Public in and for the State of                     
	 

	 	Residing at                                                             
	 

	 	My appointment expires                     

 

- 1 -

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