Document:

exv10w34

Exhibit 10.34

SPARTECH CORPORATION

NON-QUALIFIED DEFERRED COMPENSATION PLAN

As Effective January 1, 2010

     WHEREAS, Spartech Corporation adopted its Non-Qualified Deferred Compensation Plan effective
January 1, 1994, to provide certain selected employees of Spartech and its subsidiaries with
additional retirement benefits through the Plan, in order to encourage the continuation of their
services for Spartech; and

     WHEREAS, the Plan has heretofore from time to time been amended and restated; and the Board
has approved certain further amendments and wishes to again restate the Plan;

     NOW, THEREFORE, the Plan is amended and restated to read as follows, effective January 1, 2010
(“Restatement Date”).

     Article 1. Definitions.

     “Account” means a deferred compensation account established for a Participant pursuant to
Section 4.1.

     “Administrator” means the Compensation Committee of the Board.

     “Beneficiary” means any person, corporation, trust or other entity last designated by a
Participant in writing to receive the Deferred Compensation provided under the Plan in the event of
the death of the Participant. Provided, that if a designation is not made or the named Beneficiary
cannot be located by the time the payment of Deferred Compensation commences, or if the named
Beneficiary predeceases the Participant and no contingent Beneficiary has been named, the
Beneficiary shall be (i) the Participant’s surviving Spouse, or if none, then (ii) the
Participant’s descendants (including adopted descendants), per stirpes, or if none, then (iii) the
Participant’s estate.

     “Board” means the board of directors of Spartech.

     “Cause” means (i) “cause” as defined in the termination provisions of the Participant’s
employment contract with Spartech, if any, or if none, then (ii) proven dishonesty or theft,
conviction of a felony, habitual drunkenness or drug abuse, or such other reason or reasons as
would justify a termination of employment for cause under applicable common law or Spartech’s
employment policies.

     “Change in Control” means:

	 	(i)	 	The occurrence of the “Distribution Date” as such term is defined in the
Rights Agreement dated as of April 2, 2001 between Spartech and Mellon Investor
Services LLC (the “Rights Agreement”); or

 

 

	 	(ii)	 	If the “Redemption Date” or the “Final Expiration Date,” as such terms are
defined in the Rights Agreement, has occurred, either (A) the acquisition by any
person, entity or group (within the meaning of Section 13(d)(3) or Section
14(d)(2) of the Securities Exchange Act of 1934) other than an institutional
investor holding its interest purely for passive investment purposes, or a
Spartech employee benefit plan, of beneficial ownership (within the meaning of
Rule 13d-3 under the Securities Exchange Act of 1934) of 15% or more of the
combined voting power of all Spartech’s then outstanding voting securities, or
(B) the acquisition by any person, entity or group (within the meaning of Section
13(d)(3) or Section 14(d)(2) of the Securities Exchange Act of 1934) of
beneficial ownership (within the meaning of Rule 13d-3 under the Securities
Exchange Act of 1934) of 50% or more of the combined voting power of all
Spartech’s then outstanding voting securities; unless prior to any such
acquisition the Board has approved such acquisition and determined that it is in
the best interests of Spartech and its shareholders; or
	 
	 	(iii)	 	The approval by the Board of any merger, consolidation or other
transaction involving Spartech, or of any one of a series of related
transactions, as a result of which (A) Spartech would not be the surviving
corporation, or (B) the holders of Spartech’s common stock immediately prior to
such transaction would not own at least a majority of the voting power of
Spartech immediately after the transaction in substantially the same relative
proportions as they owned Spartech’s common stock immediately prior to the
transaction, or (C) Spartech’s common stock would be converted into cash or other
securities of Spartech other than voting securities having substantially the same
relative and proportionate voting power in the entity or entities surviving the
transaction as the common stock has immediately prior to the transaction; or
	 
	 	(iv)	 	The commencement of any tender offer subject to Section 14(d) of the
Securities Exchange Act of 1934 and the rules thereunder for 20% or more of
Spartech’s common stock; if the person making such offer could own 50% or more of
such common stock when the tender offer terminates; or
	 
	 	(v)	 	Any change or changes in the composition of the Board within any two-year
period such that the individuals constituting the Board at the beginning of such
period, together with any individuals who became directors after the beginning of
such period whose election by the Board or nomination for election by Spartech’s
shareholders was approved by at least a majority of the directors who were on the
Board at the beginning of such period or whose election was previously approved
in the same manner, cease to constitute a majority of the Board.

     “Code” means the Internal Revenue Code of 1986, as amended.

     “Compensation” means, with respect to any Participant, (a) the total amount reported by
Spartech on the Participant’s Internal Revenue Service Form W-2 for a calendar year as wages for
Medicare tax purposes, excluding (i) contributions to the Participant’s Account, (ii) any non-cash
compensation (including but not limited to excess group term life insurance, personal automobile
usage and income from exercises of stock options and vesting of restricted stock), and (iii) other

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miscellaneous items such as reimbursed moving expenses; plus (b) the amount of any cash bonus
which was earned by the Participant for or during the calendar year covered by such Form W-2 but
which was not included in such Form W-2 because it was paid after the close of such calendar year;
less (c) the amount of any cash bonus which is included in such Form W-2 because it was paid to the
Participant during the calendar year covered by such Form W-2 but which was earned for or during a
prior calendar year. Compensation shall not include amounts paid before the Participant became
employed by Spartech, or if the Participant’s employer is a Spartech subsidiary, before the
employer became a subsidiary. With respect to any Active Participant who is not an employee of
Spartech, “Compensation” also means the amount reported by Spartech on the Participant’s Internal
Revenue Service Form 1099 for a calendar year reflecting amounts paid to the Participant in
consideration of services rendered to Spartech for such calendar year.

     “Contribution” means an amount credited to a Participant’s Account pursuant to Section 3.1 or
Section 3.2.

     “Deferred Compensation” has the meaning given in Section 5.3.

     “Disability” means the condition of being “disabled” as defined in Section 409A(a)(2)(C) of
the Code. Unless otherwise required under applicable provisions of the Code, the Disability of a
Participant shall be determined by a licensed physician chosen by Spartech.

     “Eligible Employee” means a person who serves as a management-level employee of Spartech.

     “Funds” has the meaning given in Section 4.2.

     “Participant” means an Eligible Employee who has been designated to participate in the Plan
and who has executed a Participation Agreement pursuant to Section 2.2. A Participant will be
either an “Active Participant” as described in Section 2.3 or an “Inactive Participant” as
described in Section 2.4.

     “Participation
Agreement” means the agreement of an Eligible Employee to be bound by the terms
of the Plan, in such form as the Administrator may approve.

     “Plan” means this Spartech Corporation Non-Qualified Deferred Compensation Plan, as heretofore
or hereafter amended and/or restated.

     “Retirement”
means the Participant’s resignation of his or her employment, other than because
of Disability, after the Participant reaches an age which, when added to the number of the
Participant’s full years of continuous employment, equals at least 65. A Participant will accrue
one year of employment in each calendar year during which the Participant is an employee of the
Company for at least three calendar months. The Board may also credit a Participant with
additional years of continuous employment in his or her sole discretion, which need not be
uniformly exercised.

     “Spartech” means Spartech Corporation, a Delaware corporation, and (except as the context may
otherwise require) its wholly-owned or majority-owned subsidiaries.

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     “Spouse” means the person, if any, to whom a Participant is legally married at the time of his
or her death.

     “Termination” has the meaning given in Section 5.2.

     “Trustee” means the person or entity named as trustee under the Trust.

     “Trust” means the Spartech Corporation Non Qualified Deferred Compensation Trust.

     Article 2. Participation In The Plan.

     2.1 Any Eligible Employee may be designated by the Administrator to become a Participant in
the Plan, effective as of the date the Participant becomes an Eligible Employee or such later date
as the Administrator may determine.

     2.2 As a condition of his or her participation in the Plan, an Eligible Employee so designated
must complete and execute a Participation Agreement.

     2.3 A Participant will be an Active Participant so long as the Participant is an Eligible
Employee or until such earlier date as the Administrator may determine that the Participant shall
become an Inactive Participant. A Participant may remain as an Active Participant after ceasing to
be an Eligible Employee if and to the extent provided in a written post-employment consulting or
other non-employee service agreement between the Participant and Spartech, but in no event after
the Termination of the Participant.

     2.4 A Participant will become an Inactive Participant after ceasing to be an Active
Participant, so long as a Termination has not occurred. An Inactive Participant will remain in the
Plan and will continue to accrue service for vesting purposes. The Administrator may determine to
redesignate an Inactive Participant as an Active Participant.

     2.5 Each Participant shall advise Spartech of his or her current mailing address and the
address of his or her Beneficiary, and shall notify Spartech promptly of any change of address. In
the absence of such notice, Spartech shall be entitled, for all purposes, to rely on the last known
address of the Participant or Beneficiary. It is the Participant’s obligation to notify Spartech
of any change of Beneficiary.

     Article 3. Contributions and Funding.

     3.1 The Board may, from time to time in its discretion, cause Spartech to credit to the
Account of each Active Participant, as of the date designated by the Board, an amount equal to 10%
of the Participant’s Compensation for the immediately preceding calendar year less the amount of
any forfeitures allocated to the Participant’s Account for the immediately preceding calendar year
pursuant to Section 3.2. For purposes of this Article 3, a Participant’s Compensation for a year
shall be limited to $300,000.

     3.2 The amounts of any forfeitures arising under Section 5.2 or Section 6.2 may be reallocated
to the Accounts of the remaining Active Participants as of the last day of the calendar

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year in which the forfeiture occurs, in proportion to their Compensation (not to exceed
$300,000) for the calendar year in which the forfeiture occurs. Any credit to the account of a
Participant with respect to a calendar year pursuant to Section 3.1 shall be reduced by the amount
of any forfeitures allocated to the Participant’s Account for that year.

     3.3 Unless otherwise approved by the Board, Spartech shall not make any Contribution to the
Account of an Inactive Participant pursuant to Section 3.1, including Contributions for years ended
while the person was an Active Participant, and forfeitures shall not be allocated to the Account
of an Inactive Participant pursuant to Section 3.2, including forfeitures for years ended while the
person was an Active Participant. An Inactive Participant who again becomes an Active Participant
shall not be entitled to any Contributions which would have accrued if the Participant had been an
Active Participant during the time the Participant was an Inactive Participant. Unless otherwise
approved by the Board, Spartech shall not make any Contribution to the Account of a Participant
after his or her Termination, including Contributions for years ended before the Termination, and
forfeitures shall not be allocated to the Account of a Participant after the Participant’s
Termination, including forfeitures for years ended prior to the Termination.

     3.4 Contributions by Participants are neither required nor permitted under the Plan.

     Article 4. Participant Accounts.

     4.1 Spartech shall establish an Account for each Participant. For accounting purposes, each
Account may consist of one or more sub-accounts. The Administrator shall periodically report the
value of a Participant’s Account to the Participant.

     4.2 The value of a Participant’s Account may increase or decrease according to the results of
hypothetical investment vehicles as the Administrator may from time to time determine or permit
(such as but not limited to collective funds, group trusts, mutual funds, annuity contracts,
insurance contracts or separate accounts thereunder) (“Funds”). The Administrator may, in
accordance with procedures and limitations established by it, permit Participants to determine
which Funds shall be used for this purpose. Participants shall have no interest in any Funds, and
the Plan and Spartech shall have no liability whatsoever to any Participant for the results of any
such hypothetical gains or losses.

     4.3 Spartech shall deduct from a Participant’s Account any expenses which relate to the
Account and which are not paid by Spartech, any taxes required to be withheld as a result of
Contributions or Deferred Compensation payments, and any other items affecting the Account, on such
basis as the Administrator determines to be fair and appropriate.

     Article 5. Distributable Amount and Payment of Deferred Compensation.

     5.1 On each of the first four annual anniversaries of the date of a Contribution, a
Participant shall vest in additional increments of 25% of such Contribution and any earnings
credited thereon. Notwithstanding the foregoing, a Participant shall be completely vested in the
portion of his or her Account attributable to amounts that were vested under prior versions of the
Plan as of the Restatement Date and earnings credited thereon. A Participant shall also become
completely vested in his or her Account as of Retirement, upon the occurrence of a Change in

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Control, upon Death, or upon Disability. Notwithstanding any provision in this Plan to the
contrary, a Participant shall be deemed to be 0% vested in her or her Account upon a Termination
for Cause, and he or she shall forfeit the portion of his or her Account attributable to
Contributions and earnings credited thereon. Notwithstanding any provision in this Plan to the
contrary, the Board may also increase, but not decrease, the vested portion of a Participant’s
Account in its sole discretion, which need not be uniformly exercised.

     5.2 The unvested portion of a Participant’s Account shall be forfeited upon Termination.
The “Termination” of a Participant occurs when the Participant has a separation from service
pursuant to Section 409A of the Code and the regulations promulgated thereunder.

     5.3 Upon the Termination of a Participant, the vested portion of a Participant’s Account
(“Deferred Compensation”) shall be distributed to the Participant, or in the event of the
Participant’s death to the Participant’s Beneficiary, in a single, lump sum payment.
Notwithstanding the foregoing, distributions on account of Termination (other than Termination on
account of death) shall be paid to a Participant who is a “specified employee” under Section
409A(a)(2)(B)(i) of the Code at the time of Termination no earlier than the date (i) that is six
months after Termination or (ii) of the death of the Participant. No Participant or Beneficiary
may delay, accelerate or change in any manner the timing of the distribution of Deferred
Compensation. Distributions shall be subject to appropriate withholding taxes. Notwithstanding
the foregoing, if a Participant is taxed on his or her Deferred Compensation under Section 409A of
the Code or under any state, local or foreign law before such Deferred Compensation is otherwise
distributable hereunder, the amount of such taxes shall be distributed to the Participant at the
time they are required to be paid to the appropriate taxing authority. In the event that for any
reason a Participant’s Deferred Compensation is not distributed to the Participant within 30 days
after the Participant’s Termination, Spartech shall pay the Participant interest on the
Participant’s Deferred Compensation from the date of Termination to the actual date of distribution
at a rate equal to two percentage points in excess of the “prime rate” or “base rate” from time to
time during such period as announced by Spartech’s principal lending institution. All payments due
and payable upon a fixed date (such as Termination) shall be deemed to be made upon such fixed date
if made on such date or a later date within the same calendar year or, if later, by the fifteenth
day of the third calendar month following the specified date (provided the Participant or
Beneficiary is not entitled, directly or indirectly, to designate the taxable year of the payment).

     5.4 Upon the Termination of a Participant, any accumulated years of continuous employment
shall be lost. If such person is subsequently re-employed and again becomes a Participant, any
amounts forfeited upon Termination shall not be restored to the Participant’s Account, the
Participant will not be permitted to make any payment to Spartech in order to have forfeited or
previously paid amounts restored to his or her Account, and unless otherwise determined by the
Administrator, any previously lost years of continuous employment shall not be restored.

     5.5 Any amount payable to or for the benefit of a minor, an incompetent person or other person
incapable of receipting therefor shall be deemed paid when paid to such person’s guardian or to the
party providing or reasonably appearing to provide for the care of such person, and such payment
shall fully discharge Spartech and the Administrator with respect thereto.

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     5.6 Neither a Participant nor any other person shall acquire any right, title, expectancy or
other interest in or to any amount outstanding to the Participant’s credit under the Plan other
than upon the actual payment of such portions thereof in accordance with the terms of the Plan.
The Plan shall not be deemed to constitute or create a trust, or an escrow agreement or any type of
fiduciary relationship between Spartech and a Participant and his or her Beneficiary; nor shall the
Deferred Compensation provided for any Participant herein be deemed in any way to be secured by any
particular assets of Spartech. The Participant’s interest and that of his or her Beneficiary shall
be only the unsecured contractual right to receive the Deferred Compensation provided for herein.

     5.7 No right or benefit under the Plan shall be subject to anticipation, alienation, sale,
assignment, pledge, encumbrance or change, and any attempt to anticipate, alienate, sell, assign,
pledge, encumber or change the same shall be void. No right or benefit hereunder shall in any
manner be liable for or subject to the debts, contracts, liabilities or torts of the person
entitled to such benefit. If a Participant or Beneficiary shall become bankrupt or attempt to
anticipate, alienate, sell, assign, pledge, encumber or change any right or benefit hereunder, then
such right or benefit shall, in the discretion of the Administrator, cease and terminate; and in
such event, Spartech may hold or apply the same or any part thereof for the benefit of such
Participant or Beneficiary at any time and in such proportion as the Administrator may deem proper.
Nothing in this Section 5.7 shall prohibit Deferred Compensation from being distributed pursuant
to a domestic relations order within the meaning of Section 414(p)(1)(B) of the Code; provided,
however, that no Deferred Compensation shall be distributed pursuant to such a domestic relations
order before it would otherwise be distributed to the Participant or his or her Beneficiary under
the terms of the Plan.

     Article 6. Restrictive Covenants.

     6.1 By accepting participation in the Plan, and as a condition of his or her right to
participate in the Plan, each Participant agrees that prior to and for six months following the
Participant’s Termination, regardless of who initiates the Termination and regardless of whether
the Termination is with or without Cause, the Participant will not without the express written
consent of Spartech:

	 	(i)	 	Directly or indirectly, on his or her own behalf, or on behalf of any
other person, firm, partnership or corporation, transact any business which is
the same as or similar to the business then being conducted by Spartech, within a
200 mile radius of any facility owned and/or operated by Spartech, or divert or
solicit any of the business of Spartech away from Spartech; or
	 
	 	(ii)	 	Divulge to others or use for his or her own benefit or for the benefit of
others any confidential information, including correspondence and other records,
whether or not reduced to writing, which the Participant may have acquired from
Spartech or others by reason of the Participant’s employment with Spartech; it
being expressly understood that all such information, lists, correspondence and
other writings are confidential and shall remain the sole property of Spartech
and shall not be removed or transcribed for removal by the Participant before or
after the Termination; or

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	 	(iii)	 	Enter into any agreement with or solicit the employment of any employee
of Spartech, or directly or indirectly attempt to induce any employee of Spartech
to leave Spartech or to take employment with a competitor of Spartech; or
	 
	 	(iv)	 	Solicit any clients or customers of Spartech or induce or attempt to
induce any such clients or customers to terminate or alter their relationship
with Spartech.

     6.2 Any violation of the provisions of Section 6.1 by a Participant shall, in the sole
discretion of the Administrator, without regard to any other provision of the Plan and without
prejudice to any other remedies of Spartech against the Participant, cause a total forfeiture of
the balance of such Participant’s Account and all other rights of the Participant under the Plan.

     6.3 Each Participant also agrees that Spartech shall, without prejudice to any other remedies,
be entitled to injunctive relief for any breach of Section 6.1.

     Article 7. Administration.

     7.1 The Administrator shall administer the Plan, and shall have full power and authority to
compute Deferred Compensation amounts under the Plan and to resolve all questions and issues
interpreting the definitions, terms and conditions of the Plan. In determining the facts required
in the administration of the Plan, the Administrator shall be entitled to rely on information
provided to the Administrator by the management of Spartech. The Administrator may adopt uniform
and nondiscriminatory regulations for the administration of the Plan and may delegate its
responsibilities under the Plan to another person or committee.

     7.2 The Administrator shall maintain or cause to be maintained all books of accounts, records
or other data as may be necessary or advisable in the Administrator’s judgment for the proper
administration of the Plan. The annual accounting period for the Plan shall be the calendar year.

     7.3 Any denial, in whole or in part, by the Administrator of a claim for Deferred Compensation
under the Plan by a Participant or a Beneficiary shall be by written notice delivered or mailed to
the Participant or, if no Participant is living, to his or her Beneficiary, stating the specific
reasons for the denial which must be referable to a particular provision of the Plan. The
Administrator shall afford a reasonable opportunity to any Participant or Beneficiary whose claim
for Deferred Compensation has been denied, in whole or in part, for a hearing concerning any
decision denying the claim.

     7.4 To the extent the Administrator has delegated any duties or responsibilities to another
person or committee, any decision affecting such person’s or committee member’s benefits or
participation in the Plan, other than decisions affecting Plan Accounts generally, must be approved
by the Administrator.

     Article 8. Miscellaneous Provisions.

     8.1 The Board shall have the exclusive right to amend or terminate the Plan, and any amendment
shall become effective when duly approved by the Board or at such other date as the Board may
determine. A Board member who is also a Participant shall not participate in any

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decision to amend or terminate the Plan. However, no amendment or termination of the Plan may
reduce or cancel the Account of a Participant (or the vested interest in such account) existing as
of the date of such amendment or termination, nor change the manner or timing of payment of any
Deferred Compensation adversely to a Participant, without the consent of the affected Participant.

     8.2 Nothing in the Plan, or any amendment thereto, shall give a Participant, Eligible
Employee, Beneficiary, Spouse, employee or other person, a right unless it is specifically provided
or is accorded by Spartech pursuant to the Plan. Nothing in the Plan or any amendment thereto
shall be construed as giving a Participant the right to remain employed in any capacity by Spartech
and all persons shall remain subject to discharge or to changes in status at any time to the same
extent as if the Plan had not been adopted. The provisions of the Plan shall be binding upon the
heirs, executors, administrators, successors, assigns and Beneficiaries of all parties in interest.
If any provision of the Plan is found to be invalid, it will not render the remainder of the Plan
invalid.

     8.3 Construction of the Plan shall be governed by the laws of Missouri except to the extent
Federal law controls. Terms in the masculine shall be deemed to include the feminine, and terms in
the singular shall be deemed to include the plural, and vice versa, wherever the context so admits
or requires. Headings herein have been inserted for convenience only and shall not affect the
meaning or interpretation of the Plan.

     8.4 Any litigation arising out of or in connection with the Plan shall be brought exclusively
in the United States District Court for the Eastern District of Missouri or, if such court does not
have jurisdiction over such matter, in the Missouri state courts located in St. Louis County,
Missouri. Each Participant shall be deemed to have submitted to the personal jurisdiction of such
courts, to have consented to service of process in connection with any such litigation or any other
action, suit or proceeding arising out of or in connection with the Plan, and to have waived any
other requirement (whether imposed by statue, rule of court or otherwise) with respect to personal
jurisdiction , venue or service of process.

     8.5 Except as otherwise expressly provided herein, the costs of administering the Plan shall
be paid by Spartech.

     8.6 Any notice required or permitted to be given under the Plan may be given by mail or by
nationally recognized overnight courier service, addressed to the recipient at the address below:

	 	If to Spartech: 	 	 	 	Spartech Corporation

120 South Central, Suite 1700

St. Louis, Missouri 63105

Attention: Director of Treasury
	 
	 	If to a Participant:   	 	 	 	 To the Participant’s last known address

as shown on Spartech’s records

Notice by mail shall be deemed to be given on the third business day after deposit in the U.S.
Mail, postage prepaid, and notice by nationally recognized overnight courier service shall be
deemed given on the delivery date specified in the courier service’s delivery standards. Notice to
a Participant who is a Spartech employee with an e-mail address on Spartech’s e-mail system may
also be given by e-mail sent to such e-mail address, and shall be deemed given when sent, unless
the e-mail system returns a notice of failed delivery.

9exv10w1

Exhibit 10.1

SUPPLEMENTAL INDENTURE

          This SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), is made as of January 8,
2010, by BUILDERS FIRSTSOURCE, INC. (the “Company”), each of the Guarantors listed on the
signature pages hereto, and WILMINGTON TRUST COMPANY, as Trustee (the “Trustee”).

R E C I T A L S

          WHEREAS, the Company, the Guarantors, and the Trustee have entered into the Indenture, dated
as of February 11, 2005 (the “Indenture”), providing for the issuance by the Company of
$275,000,000 of Second Priority Senior Secured Floating Rate Notes due 2012 (the “Notes”);
and

          WHEREAS, Section 9.02 of the Indenture provides that the Indenture may be amended or
supplemented with the consent of the Holders of at least a majority in aggregate principal amount
of the Notes then outstanding and, in the case of an amendment that has the effect of releasing all
or substantially all of the Collateral from the Liens securing the Notes, with the consent of the
Holders of at least 66 2/3% in aggregate principal amount of the Notes then
outstanding; and

          WHEREAS, the Holders of at least 66 2/3% in aggregate principal amount of the
Notes (other than affiliates of the Company) have consented to amend certain provisions of the
Indenture as provided herein (the “Amendments”);

          NOW, THEREFORE, in consideration of the foregoing premises and other good and valuable
consideration the sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

          1. Defined Terms. Capitalized terms used herein without definition shall have the respective
meanings provided therefor in the Indenture.

          2. Amendments to the Indenture.

(a) The following sections and article of the Indenture, and any corresponding provisions
in the Notes, are hereby deleted in their entirety and replaced with “Intentionally
Omitted”:

	 	 	 
	Existing Section or Article	 	Caption
	Section 4.07

	 	Restricted Payments
	Section 4.08

	 	Dividend and Other Payment Restrictions Affecting Subsidiaries
	Section 4.09

	 	Incurrence of Indebtedness and Issuance of Preferred Stock
	Section 4.10

	 	Asset Sales
	Section 4.11

	 	Transactions with Affiliates
	Section 4.12

	 	Liens

 

 

	 	 	 
	Existing Section or Article	 	Caption
	Section 4.15

	 	Offer to Repurchase Upon Change of Control
	Section 4.16

	 	Limitation on Issuances and Sales of Equity Interests in Wholly-Owned
Subsidiaries
	Section 4.17

	 	Limitation on Issuances of Guarantees of Indebtedness
	Section 4.18

	 	Payments for Consent
	Section 4.19

	 	Additional Note Guarantees
	Section 4.20

	 	Designation of Restricted and Unrestricted Subsidiaries
	Section 5.01

	 	Merger, Consolidation or Sale of Assets
	Section 8.04

	 	Conditions to Legal or Covenant Defeasance
	Article 10

	 	Collateral and Security

(b) The following sub-sections of the Indenture, and any corresponding provisions in the
Notes, are hereby deleted in their entirety and replaced with “Intentionally Omitted”:

	 	 	 
	Existing Sub-section	 	Caption
	Section 6.01(3)

	 	Events of Default
	Section 6.01(4)

	 	Events of Default
	Section 6.01(5)

	 	Events of Default
	Section 6.01(6)

	 	Events of Default
	Section 6.01(7)

	 	Events of Default

(c) Section 3.03 of the Indenture is hereby amended as follows:

(i) The words “at least 30 days but not more than 60 days before a redemption
date” in the first paragraph thereof are deleted and replaced with “on or prior to
a redemption date.”

(ii) The words “at least 45 days prior to the redemption date” in the last
paragraph thereof are deleted and replaced with “on or prior to the redemption
date.”

(d) Section 5(a) of the Notes is hereby amended as follows:

The words “upon not less than 30 nor more than 60 days’ notice” are deleted and
replaced with “on or prior to a redemption date.”

(e) Section 8 of the Notes is hereby amended as follows:

The words “at least 30 days but not more than 60 days before the redemption date”
are deleted and replaced with “on or prior to the redemption date.”

(f) Section 7.12 of the Indenture is hereby replaced in its entirety with the following:

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“Each holder agrees to the appointment of Trustee, as the initial trustee for the
benefit of Holders under this Indenture. Each Holder authorizes the Trustee,
through its agents or employees, to execute and deliver any Note Documents and take
such actions on its behalf under the provisions of this Indenture and the other
Note Documents and to exercise such powers and perform such duties as are expressly
delegated to such Trustee by the terms of this Indenture and the other Note
Documents, together with such actions and powers as are reasonably incidental
thereto.”

(g) The definition of “Notes” in the preamble of the Indenture is hereby amended and
restated in its entirety to read as follows:

“Floating Rate Notes due 2012,”

and all corresponding references to “Notes” in the Notes shall mean and be references to
the Notes as defined herein; and all references to “Second Priority Senior Secured Floating
Rate Notes due 2012” in the Indenture and in the Notes shall be amended and restated to be
references to “Floating Rate Notes due 2012.”

(h) Any definition in the Indenture and Notes, reference to which would be eliminated as a
result of the elimination of the covenants set forth in Section 2(a) hereof, is hereby
deleted.

               3. Indenture Ratified. Except as expressly modified hereby, the Indenture is in all respects
ratified and confirmed and all the terms, conditions, and provisions thereof shall remain in full
force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes,
and every Holder shall be bound hereby and entitled to the benefits hereof.

               4. Operation of Amendments. This Supplemental Indenture will become effective upon the
execution and delivery of this Supplemental Indenture by the Company, the Guarantors, and the
Trustee; provided, however, that the Amendments contained herein will become
operative only subject to and upon completion of the Debt Exchange (as that term is defined in the
Support Agreement, dated as of October 23, 2009, as amended, by and among the Company and certain
holders of outstanding Notes).

               5. Governing Law. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO
CONSTRUE THIS SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF
LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED
THEREBY.

               6. Severability. Should any provision of this Supplemental Indenture for any reason be
declared invalid or unenforceable, such decision shall not affect the validity or enforceability of
any of the other provisions of this Supplemental Indenture, which other provisions shall remain in
full force and effect and the application of such invalid or unenforceable provision to persons or
circumstances other than those as to which it is held invalid or unenforceable shall be valid and
be enforced to the fullest extent permitted by law.

3

 

               7. Counterparts. This Supplemental Indenture may be executed simultaneously in counterparts,
each of which shall be deemed an original, but all of which together shall constitute one and the
same instrument. Facsimile copies of any of the pages of this Supplemental Indenture shall have
the same effect as originals.

               8. Effect of Headings. The headings of sections herein are for convenience only and shall not
affect the construction of this Supplemental Indenture.

               9. Trustee Not Responsible for Recitals. The recitals in this Supplemental Indenture shall be
taken as the statements solely of the Company and the Guarantors, and the Trustee assumes no
responsibility for the correctness thereof.

[Signature pages follow.]

4

 

          IN WITNESS WHEREOF, this Supplemental Indenture has been duly executed and delivered by the
parties hereto as of the date first written above.

	 	 	 	 	 	 	 
	 	 	BUILDERS FIRSTSOURCE, INC.	 	 
	 	 	a Delaware Corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Donald F. McAleenan
 

Donald F. McAleenan
	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

5

 

	 	 	 
	 

	 	GUARANTORS
	 
	 	 
	 

	 	BUILDERS FIRSTSOURCE — NORTHEAST GROUP, LLC, a Delaware limited
liability company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — TEXAS GENPAR, LLC, a Delaware limited liability
company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — MBS, LLC, a Delaware limited liability company,
as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — TEXAS GROUP, L.P., a Texas limited partnership,
as Guarantor

	 

	 	BFS TEXAS, LLC, a Delaware limited liability company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — SOUTH TEXAS, L.P., a Texas limited partnership,
as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — TEXAS INSTALLED SALES, L.P., a Texas limited
partnership, as Guarantor

	 

	 	BFS IP, LLC, a Delaware limited liability company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — INTELLECTUAL PROPERTY, L.P., a Texas limited
partnership, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE HOLDINGS, INC., a Delaware corporation, as
Guarantor

	 

	 	BUILDERS FIRSTSOURCE — DALLAS, LLC, a Delaware limited liability
company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — FLORIDA, LLC, a Delaware limited liability
company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — FLORIDA DESIGN CENTER, LLC, a Delaware limited
liability company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — OHIO VALLEY, LLC, a Delaware limited liability
company, as Guarantor

	 

	 	BFS, LLC, a Delaware limited liability company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — ATLANTIC GROUP, LLC, a Delaware limited
liability company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — SOUTHEAST GROUP, LLC, a Delaware limited
liability company, as Guarantor

	 

	 	CCWP, INC, a South Carolina close corporation, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — RALEIGH, LLC, a Delaware limited liability
company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — COLORADO GROUP, LLC, a Delaware limited
liability company, as Guarantor

	 

	 	BUILDERS FIRSTSOURCE — COLORADO, LLC, a Delaware limited liability
company, as Guarantor

	 	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Donald F. McAleenan
 

Donald F. McAleenan
	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

6

 

	 	 	 	 	 	 	 
	 	 	WILMINGTON TRUST COMPANY,	 	 
	 	 	as Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Geoffrey J. Lewis
 

Geoffrey J. Lewis
	 	 
	 

	 	Title:
	 	Senior Financial Services Officer	 	 

7

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