Document:

Exhibit 1007

		

			Exhibit 10.07

		

		
			MSC Industrial Direct Co., Inc.
		

		
			75 Maxess Road
		

		
			Melville, NY 11747
		

		
			June 21, 2018
		

		
			Gregory Polli
		

		
			c/o MSC Industrial Direct Co., Inc.
		

		
			75 Maxess Road
		

		
			Melville, NY 11747
		

		
			Re: Termination of Change in Control Agreement and Participation in New Executive Change in Control Severance Plan
		

		
			Dear Mr. Polli:
		

		
			On June 19, 2018, the Board of Directors of MSC Industrial Direct Co., Inc. (“MSC”) adopted a new Executive Change in Control Severance Plan, a copy of which is attached as Exhibit A to this letter (the “Plan”). The Board has designated you as a Participant in the Plan, contingent and effective upon the termination of the Amended and Restated Change in Control Agreement, dated as of December 3, 2014, between you and MSC (as amended to date, the “Change in Control Agreement”).
		

		
			This letter will confirm our understanding and agreement as follows:
		

			
	
			
				 1.
			

			
	
			
			MSC and you hereby agree that, effective immediately, the Change in Control Agreement shall be terminated in its entirety and of no further force or effect, and you shall become a Participant in the Plan in accordance with the terms and provisions of the Plan.

			
	
			
				 2.
			

			
	
			
			You hereby acknowledge that you have received and reviewed the attached copy of the Plan, and agree to be bound by the terms and provisions of the Plan.

		
			If the foregoing agrees with your understanding, please countersign a copy of this letter in the space provided below and return the countersigned copy to MSC, whereupon this letter will become a binding agreement between you and MSC.
		

		
			Very truly yours,
		

		
			MSC INDUSTRIAL DIRECT CO., INC.
		

		
			By: /s/ Kari D. Heerdt
		

		
			Name: Kari D. Heerdt
		

		
			Title: SVP, Chief People Officer
		

		
			Agreed to and accepted on June 21, 2018:
		

		
			/s/ Gregory Polli
		

		
			Gregory Polli
		

		
			﻿Exhibit 1008

		

			Exhibit 10.08

		

		
			MSC Industrial Direct Co., Inc.
		

		
			75 Maxess Road
		

		
			Melville, NY 11747
		

		
			June 21, 2018
		

		
			Steven Baruch
		

		
			c/o MSC Industrial Direct Co., Inc.
		

		
			75 Maxess Road
		

		
			Melville, NY 11747
		

		
			Re: Termination of Change in Control Agreement and Participation in New Executive Change in Control Severance Plan
		

		
			Dear Mr. Baruch:
		

		
			On June 19, 2018, the Board of Directors of MSC Industrial Direct Co., Inc. (“MSC”) adopted a new Executive Change in Control Severance Plan, a copy of which is attached as Exhibit A to this letter (the “Plan”). The Board has designated you as a Participant in the Plan, contingent and effective upon the termination of the Change in Control Agreement, dated as of March 31, 2016, between you and MSC (as amended to date, the “Change in Control Agreement”).
		

		
			This letter will confirm our understanding and agreement as follows:
		

			
	
			
				 1.
			

			
	
			
			MSC and you hereby agree that, effective immediately, the Change in Control Agreement shall be terminated in its entirety and of no further force or effect, and you shall become a Participant in the Plan in accordance with the terms and provisions of the Plan.

			
	
			
				 2.
			

			
	
			
			You hereby acknowledge that you have received and reviewed the attached copy of the Plan, and agree to be bound by the terms and provisions of the Plan.

		
			If the foregoing agrees with your understanding, please countersign a copy of this letter in the space provided below and return the countersigned copy to MSC, whereupon this letter will become a binding agreement between you and MSC.
		

		
			Very truly yours,
		

		
			MSC INDUSTRIAL DIRECT CO., INC.
		

		
			By: /s/ Kari D. Heerdt
		

		
			Name: Kari D. Heerdt
		

		
			Title: SVP, Chief People Officer
		

		
			Agreed to and accepted on June 21, 2018:
		

		
			/s/ Steven Baruch
		

		
			Steven Baruch
		

		
			﻿Exhibit 1009

		

			Exhibit 10.09

		

		
			MSC Industrial Direct Co., Inc.
		

		
			75 Maxess Road
		

		
			Melville, NY 11747
		

		
			June 26, 2018
		

		
			David Wright
		

		
			c/o MSC Industrial Direct Co., Inc.
		

		
			75 Maxess Road
		

		
			Melville, NY 11747
		

		
			Re: Termination of Change in Control Agreement and Participation in New Executive Change in Control Severance Plan
		

		
			Dear Mr. Wright:
		

		
			On June 19, 2018, the Board of Directors of MSC Industrial Direct Co., Inc. (“MSC”) adopted a new Executive Change in Control Severance Plan, a copy of which is attached as Exhibit A to this letter (the “Plan”). The Board has designated you as a Participant in the Plan, contingent and effective upon the termination of the Change in Control Agreement, dated as of March 31, 2016, between you and MSC (as amended to date, the “Change in Control Agreement”).
		

		
			This letter will confirm our understanding and agreement as follows:
		

			
	
			
				 1.
			

			
	
			
			MSC and you hereby agree that, effective immediately, the Change in Control Agreement shall be terminated in its entirety and of no further force or effect, and you shall become a Participant in the Plan in accordance with the terms and provisions of the Plan.

			
	
			
				 2.
			

			
	
			
			You hereby acknowledge that you have received and reviewed the attached copy of the Plan, and agree to be bound by the terms and provisions of the Plan.

		
			If the foregoing agrees with your understanding, please countersign a copy of this letter in the space provided below and return the countersigned copy to MSC, whereupon this letter will become a binding agreement between you and MSC.
		

		
			Very truly yours,
		

		
			MSC INDUSTRIAL DIRECT CO., INC.
		

		
			By: /s/ Steve Armstrong
		

		
			Name: Steve Armstrong
		

		
			Title: General Counsel
		

		
			Agreed to and accepted on June 26, 2018:
		

		
			/s/ David Wright
		

		
			David Wright
		

		
			﻿Exhibit 1012

		

			Exhibit 10.12

		

		

			 

		

		
			﻿
		

		
			Summary of Non-Executive Directors’ Compensation
		

		
			Our non-executive directors are entitled to receive the following compensation:
		

			
	
			
				 ·
			

			
	
			
			an annual retainer of $55,000 per director for service on our Board;

			
	
			
				 ·
			

			
	
			
			a fee for attendance at Board meetings of $2,000 per meeting;

			
	
			
				 ·
			

			
	
			
			a fee for attendance at Board Committee meetings of $1,700 per meeting;

			
	
			
				 ·
			

			
	
			
			an annual retainer of $20,000 for the Chairman of the Audit Committee, an annual retainer of $12,500 for the Chairman of the Compensation Committee, and an annual retainer of $10,000 for the Chairwoman of the Nominating and Corporate Governance Committee; and

			
	
			
				 ·
			

			
	
			
			upon each director's (other than Mr. Mitchell Jacobson) election or re-election to our Board at the annual shareholders meeting, a restricted stock unit award per director consisting of such number of units having an aggregate fair market value of $120,000 on the date of grant; 50% of these units vest and convert to shares on the first anniversary of the date of grant and 50% vest and convert to shares on the second anniversary of the date of grant. In lieu of the restricted stock unit award, Mr. Jacobson receives an annual cash payment of $120,000, paid quarterly in arrears.

		
			Directors’ cash compensation is paid quarterly in arrears.  The cash compensation of directors who serve less than a full quarter is pro-rated for the number of days actually served.  Directors who are appointed between annual shareholders meetings receive a pro-rated equity award upon appointment to our Board.  In addition, we reimburse our non-executive directors for reasonable out-of-pocket expenses incurred in connection with attending in-person board or committee meetings and for fees incurred in attending continuing education courses for directors that are approved in advance by the company.
		

		
			The standing committees of the Board of Directors currently are the Audit, Compensation, and Nominating and Corporate Governance Committees.
		

		
			﻿Exhibit 1027

		

			Exhibit 10.27

		

		

			 

		

		
			AMENDMENT NO. 1 TO STOCK PURCHASE AGREEMENT
		

		
			AMENDMENT NO. 1 TO STOCK PURCHASE AGREEMENT, dated as of July 30, 2018 (this “Amendment”), by and between MSC INDUSTRIAL DIRECT CO., INC., a New York corporation (the “Company”) and the persons listed on Schedule I hereto (collectively, the “Sellers”).
		

		
			R E C I T A L S
		

		
			WHEREAS, the Company and the Sellers entered into a Stock Purchase Agreement, dated as of July 25, 2018 (the “Stock Purchase Agreement”); and
		

		
			WHEREAS, the Company and the Sellers wish to modify the Percentage Participations set forth in Schedule I to the Stock Purchase Agreement;
		

		
			NOW THEREFORE, in consideration of the covenants and promises set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Sellers hereby severally agree with the Company and the Company agrees with each Seller as follows:
		

			
	
			
				 1.
			Definitions.  Capitalized terms used herein and not otherwise defined in this Amendment shall have the respective meanings assigned to such terms in the Stock Purchase Agreement.

			
	
			
				 2.
			Amendment.  The Company and the Sellers hereby agree that the Percentage Participations are amended to be as set forth in Schedule I hereto with respect to the July 2018 calendar month purchase and sale obligations.

			
	
			
				 3.
			GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.  

			
	
			
				 4.
			Counterparts.  This Agreement may be executed in any number of counterparts, including via facsimile, each of which shall be an original, but all of which together shall constitute one instrument.

		
			[Signatures follow on next page]
		

		
			 
		

		

		

		 

		

			 

		

 

		IN WITNESS WHEREOF, the parties have caused this Amendment No. 1 to be duly executed and delivered by their proper and duly authorized officers as of the day and year first written above.
		

			
					
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						MSC INDUSTRIAL DIRECT CO., INC.

				
	
					
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						﻿

					
					
						By:

					
					
						/s/ Steve  Armstrong

				
	
					
						﻿

					
					
						Name:

					
					
						Steve Armstrong

				
	
					
						﻿

					
					
						Title:

					
					
						Senior Vice President, General Counsel and Corporate Secretary

				
	
					
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						/s/ Mitchell Jacobson

				
	
					
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						Mitchell Jacobson

				
	
					
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						﻿

					
					
						/s/ Marjorie  Gershwind  Fiverson

				
	
					
						﻿

					
					
						Marjorie Gershwind Fiverson

				
	
					
						﻿

					
					
						 

					
					
						 

				
	
					
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						/s/ Erik Gershwind

				
	
					
						﻿

					
					
						Erik Gershwind

				
	
					
						﻿

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						 

					
					
						 

				
	
					
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						/s/ Stacey Bennett

				
	
					
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						Stacey Bennett

				
	
					
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						/s/ Harlan B. Korenvaes

				
	
					
						﻿

					
					
						Harlan B. Korenvaes

				
	
					
						﻿

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						 

					
					
						 

				

		
			﻿
		

		
			 
		

		

		

		 

 

		

			 

		

		Schedule I
		

		
			﻿
		

			
					
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						Name of Seller 

					
					
						Percentage
Participation

				
	
					
						﻿

					
					
						 

				
	
					
						Mitchell Jacobson

					
					
						0

				
	
					
						﻿

					
					
						 

				
	
					
						Marjorie Gershwind Fiverson

					
					
						8.29

				
	
					
						﻿

					
					
						 

				
	
					
						Erik Gershwind

					
					
						15.71

				
	
					
						﻿

					
					
						 

				
	
					
						Stacey Bennett

					
					
						15.05

				
	
					
						﻿

					
					
						 

				
	
					
						Harlan B. Korenvaes

					
					
						60.95

				
	
					
						﻿

					
					
						 

				

		
			﻿
		

		
			﻿

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