Document:

Amendment #1 to the Change of Control Agreement - DLG

	EXHIBIT 10.2

	AMENDMENT NUMBER ONE

TO THE

CHANGE OF CONTROL AGREEMENT BETWEEN

GEORGIA-PACIFIC CORPORATION 

AND 

DONALD L. GLASS, DATED MARCH 15, 1999

	         
WHEREAS, the Board of Directors of Georgia-Pacific Corporation (the "Board") desires to amend the Change of Control Agreement between Georgia-Pacific Corporation and Donald L. Glass, dated March 15, 1999 ("Agreement") to expand the definition of "Change
of Control".

	
          NOW THEREFORE, the Board hereby amends the Agreement as follows:

	
                    1.    Section 1(c) of the Agreement is amended by adding the following to the end thereof:

		

"(v)    Consummation of the Transaction as defined in the Board Resolution approving Project Forest dated July 18, 2000 and as contemplated in the Agreement and Plan of Merger by and among Plum Creek Timber Company, Inc., Georgia-Pacific
Corporation, and the Spincos (as defined therein) dated July 18, 2000."Amendment #2 to Long-Term Incentive Plan

	EXHIBIT 10.3

	AMENDMENT NUMBER TWO

TO THE

GEORGIA-PACIFIC CORPORATION/TIMBER GROUP

1997 LONG-TERM INCENTIVE PLAN

	          WHEREAS, pursuant to Section 8 of the Georgia-Pacific Corporation/Timber Group 1997 Long Term Incentive Plan (the "Plan"), the Board of Directors of Georgia-Pacific Corporation ("Board") has
reserved the right to amend the Plan; and

	
          WHEREAS, the Board desires to amend the Plan to provide that any Award granted pursuant to the Plan shall become fully vested immediately prior to the Effective Time under the Agreement and Plan of
Merger by and among Plum Creek Timber Company, Inc., Georgia-Pacific Corporation and the Spincos (as defined therein) dated July 18, 2000;

	
          NOW THEREFORE, the Board hereby amends the Plan as follows:

	
          1.    Section 6(b) of the Plan is amended by adding the following sentence to the end thereof:

	
          Notwithstanding the terms of any Award Agreement, any Award granted pursuant to the provisions of this Plan shall become fully vested immediately prior to the Effective Time under the Agreement and
Plan of Merger by and among Georgia-Pacific Corporation and Plum Creek Timber Company, Inc and the Spincos (as defined therein) dated July 18, 2000.Amendment #4 to Shareholder Value Incentive Plan

	EXHIBIT 10.4

	AMENDMENT NUMBER FOUR
 TO THE

GEORGIA-PACIFIC CORPORATION 

1995 SHAREHOLDER VALUE INCENTIVE PLAN

(As Amended and Restated Effective December 16, 1997)

	          WHEREAS, pursuant to Section 5.1 of the Georgia-Pacific Corporation 1995 Shareholder Value Incentive Plan, as amended and restated effective December 16, 1997 (the "Plan"), the Board of Directors
of Georgia-Pacific Corporation ("Board") has reserved the right to amend the Plan;

	
          WHEREAS, the Board desires to amend the Plan to provide that the Participant's Option exercise period shall be extended to include any period of employment with Plum Creek Timber Company, Inc. on and
after the Effective Time under the Agreement and Plan of Merger by and among Plum Creek Timber Company, Inc., Georgia-Pacific Corporation and the Spincos (as defined therein) dated July 18, 2000;

	
          NOW THEREFORE, the Board hereby amends the Plan as follows:

	
                    1.    Section 3.3 of the Plan is amended by adding the following sentence to the end thereof:

		"Notwithstanding the foregoing provisions or the terms of any Option Agreement, on and after the Effective Time as defined under the Agreement and Plan of Merger by and among Plum Creek Timber Company, Inc., Georgia-Pacific
Corporation and the Spincos (as defined therein) dated July 18, 2000, a Participant's Option exercise period shall include any period of employment with Plum Creek Timber Company, Inc., provided that in no event shall such period extend beyond the 10th
anniversEXHIBIT 10.1

                               THIRD AMENDMENT TO
                         THE REVOLVING CREDIT AGREEMENT

         THIRD AMENDMENT dated the 23rd day of May, 2000 to the REVOLVING CREDIT
AGREEMENT (the "Credit Agreement") dated August 31, 1998 by and between SAUCONY,
INC., a  Massachusetts  corporation  with its principal  place of business at 13
Centennial Drive, Peabody,  Massachusetts (the "Borrower") and STATE STREET BANK
AND TRUST  COMPANY,  a  Massachusetts  trust company with its head office at 225
Franklin Street, Boston, Massachusetts (the "Bank").

         Except as otherwise indicated,  all capitalized terms used herein shall
have the meanings given to them in the Credit Agreement.

     1.   Increase of  Commitment.  From and including  the  Effective  Date (as
          defined below) Section 2.1 of the Credit Agreement shall be revised to
          read as follows:

         2.1.  REVOLVING  CREDIT.  The Bank  agrees on the terms and  conditions
         herein set forth, to make loans,  whether LIBO Rate Loans or Prime Rate
         Loans  (including LMCS Loans)  (together,  the "Loans") to the Borrower
         and to issue Letters of Credit  (subject,  however,  to the  additional
         terms and  conditions of the Letter of Credit  Agreement)  from time to
         time in an  aggregate  principal  amount  of up to (a)  thirty  million
         United  States  Dollars  (US$30,000,000)  at any one  time  outstanding
         during the period from May 1, 2000 through  September  30, 2000 and (b)
         twenty million United States Dollars (US$ 20,000,000) during the period
         from October 1, 2000 up to but not including the  Termination  Date, as
         such amounts may be reduced pursuant to Section 2.2 (the "Commitment").
         Each  Loan  (other  than a LMCS  Loan)  which  shall  not  utilize  the
         Commitment in full shall be in an amount not less than $50,000.  Within
         the limits of the Commitment,  the Borrower may borrow, prepay pursuant
         to Section 2.7,  repay pursuant to Section 2.8, and reborrow under this
         Section 2.1.

     2.   Stock Repurchase. From and including the Effective Date Section 6.6 of
          the Credit Agreement shall be revised to read as follows:

         6.6.  DIVIDENDS.  Declare or pay any Dividends or permit any Subsidiary
         to  declare  or pay  any  Dividends  except  (a),  in the  case  of any
         Subsidiary,  Dividends  paid  solely to  another  Subsidiary  or to the
         Borrower and (b) purchases,  redemptions or retirements by the Borrower
         of common  stock of the  Borrower  in one or more  transactions  not in
         excess of $4,000,000  in the aggregate  during the period from November
         1, 1999 to December 31, 2000.

     3.   The  Effective  Date  shall  be the  date  when  all of the  following
          conditions  precedent  shall have been satisfied in form and substance
          satisfactory to the Bank:

         (a) The Borrower  shall have  executed  and  delivered to the Bank this
Third Amendment and the Amended and Restated Note, attached hereto as Exhibit A.

         (b) The Borrower  shall have  delivered to the Bank a certificate  from
its  President,  Chief  Operating  Officer or Clerk  certifying  to the Board of
Directors  votes  authorizing  the execution,  delivery and  performance of this
Third  Amendment,   the  Amended  and  Restated  Note,  and  the  other  matters
contemplated  hereby,  setting  forth the names of the  officers of the Borrower
authorized to sign the same, and stating that the Bank may conclusively  rely on
the statements  made therein until the Bank shall receive a further  certificate
of such officer canceling or amending the prior certificate.

         (c) The Bank  shall  have  received  a duly  executed  original  of the
favorable legal opinion of counsel for the Borrower as to the due authorization,
execution and  enforceability of the Credit Agreement,  as amended by this Third
Amendment,  and the Amended and Restated Note and such other matters as the Bank
and its counsel may reasonably require.

         (d) The  representations  and  warranties of the Borrower  contained in
Section 4 of the Credit  Agreement shall be true on and as of the Effective Date
as if  they  had  been  made  on such  date  (except  to the  extent  that  such
representations  and  warranties  expressly  relate  to an  earlier  date or are
affected  by  the  consummation  of  transactions  permitted  under  the  Credit
Agreement).

         (e) No Default shall have occurred and be continuing.

         4. The  Borrower  represents  and  warrants  to the  Bank  that (i) the
representations  and  warranties  of the Borrower  contained in Section 4 of the
Credit Agreement are true on the date hereof as though made on such date (except
to the extent that such  representations  and warranties  expressly relate to an
earlier date or are affected by the consummation of transactions permitted under
the Credit Agreement), and (ii) no Default has occurred or is continuing or will
occur  after  giving  effect  to  this  Third  Amendment  and  the  transactions
contemplated hereunder.

         5. As of the Effective  Date,  all  references to the Credit  Agreement
shall be to the Credit  Agreement as amended  hereby and all  references  to the
Note shall be to the Amended and Restated Note.

         6.  The  Borrower  agrees  to pay all  costs  and  expenses,  including
reasonable  attorneys'  fees,  incurred  by the  Bank  in  connection  with  the
preparation,  negotiation  and  execution  of this  First  Amendment  and of the
documents and instruments referred to herein.

         7. Except as  otherwise  provided  herein all other terms of the Credit
Agreement shall remain in full force and effect.

         8.  THE  BORROWER  AND  THE  BANK  HEREBY  KNOWINGLY,  VOLUNTARILY  AND
INTENTIONALLY  WAIVE ANY  RIGHTS  THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF
ANY LITIGATION  BASED HEREON,  OR ARISING OUT OF, UNDER, OR IN CONNECTION  WITH,
THIS THIRD  AMENDMENT  OR ANY OTHER  LOAN  DOCUMENT,  OR ANY COURSE OF  CONDUCT,
COURSE OF  DEALING,  STATEMENTS  (WHETHER  VERBAL OR  WRITTEN) OR ACTIONS OF THE
BORROWER OR THE BANK. THE BORROWER  ACKNOWLEDGES AND AGREES THAT IT HAS RECEIVED
FULL AND SUFFICIENT  CONSIDERATION  FOR THIS PROVISION (AND EACH OTHER PROVISION
OF EACH OTHER LOAN DOCUMENT TO WHICH IT IS A PARTY) AND THAT THIS PROVISION IS A
MATERIAL  INDUCEMENT  FOR THE  BORROWER  AND THE BANK  ENTERING  INTO THIS THIRD
AMENDMENT AND EACH SUCH OTHER LOAN DOCUMENT.

IN WITNESS  WHEREOF,  the parties hereto have caused this Third  Amendment to be
duly executed by their respective duly authorized  officers as of the date first
above written.

SAUCONY, INC.                       STATE STREET BANK AND TRUST COMPANY
BORROWER                            BANK

By: /s/ John H. Fisher                      By:  /s/ Scott A. Young
    -----------------------                      ------------------
Name:    John H. Fisher                     Name:  Scott A. Young
Title:   President and C.E.O.               Title:  Assistant Vice President

                                    EXHIBIT A

                      AMENDED AND RESTATED PROMISSORY NOTE

US$30,000,000                                             Boston, Massachusetts
                                                          May 23, 2000
                                                                 --

         FOR VALUE RECEIVED,  the  undersigned,  SAUCONY,  INC., a Massachusetts
corporation  (the  "Borrower"),  hereby  promises  to pay to the  order of STATE
STREET BANK AND TRUST COMPANY,  at its offices at 225 Franklin  Street,  Boston,
Massachusetts  (the "Bank") the  principal sum of Thirty  Million  United States
Dollars  ($30,000,000) or, if less, the aggregate unpaid principal amount of all
Loans made by the Bank to the Borrower pursuant to the Credit Agreement referred
to below,  together with interest on the  outstanding  principal  amounts of the
Loans, at the rates,  on such dates and as otherwise  provided for in the Credit
Agreement.

         This Note is the Note referred to in the Revolving Credit Agreement (as
modified,  supplemented  or amended from time to time, the "Credit  Agreement"),
dated as of August 31,  1998,  by and between the  Borrower  and the Bank and is
subject to the  provisions  and  entitled to the  benefits  thereof.  Terms used
herein  which are  defined in the  Credit  Agreement  shall  have their  defined
meanings  when used herein.  As provided in the Credit  Agreement,  this Note is
subject to voluntary prepayment, in whole or in part.

         In  case an  Event  of  Default  shall  occur  and be  continuing,  the
principal  of and accrued  interest on this Note shall be, or may be declared to
be, due and  payable in the  manner and with the effect  provided  in the Credit
Agreement.

         The  Borrower  hereby  waives,  to  the  fullest  extent  permitted  by
applicable  law,  presentment,  demand,  protest  and all notices of any kind in
connection with this Note.

         This Note amends and  restates  the terms of that  Amended and Restated
Promissory  Note dated March 12, 1999 (the "1999  Note") made by the Borrower to
the order of the Bank, which 1999 Note is superseded in its entirety hereby.  By
accepting  this Note or  canceling  the 1999  Note,  the Bank does not waive any
obligation  of the  Borrower  to the Bank  under  the 1999  Note,  nor shall the
delivery or  acceptance  of this Note be deemed to satisfy any such  obligation,
the intent of the parties  being to hereby  amend and  restate the agreed  terms
applicable to such obligations.

         This  Note is  executed  as an  instrument  under  seal,  and  shall be
governed by the laws of the Commonwealth of Massachusetts.

         THE BORROWER HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY
RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON,
OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS NOTE.

                                                  SAUCONY, INC.

                                                  By: /s/ John H. Fisher
                                                  Name: John H. Fisher
                                                  Title:   President and C.E.O.

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