Document:

Exhibit
        10.45

       

      SECOND
        AMENDMENT

       

       

      This
        Second
        Amendment is entered into this 16th day of June, 2005, by and between Building
        Materials Holding Corporation, a Delaware corporation ("Company") and Robert
        E.
        Mellor ("Executive").

       

      RECITALS

       

       

      
        	
                A.

              	
                The
                  Company
                  and Executive entered into an Employment Agreement dated June 1,
                  2002
                  (the "Agreement") which provides for the employment of Executive
                  by the
                  Company.

              

      

       

      
        	
                B.

              	
                The
                  Company
                  and Executive desire to update the Agreement to state the Executive's
                  current base salary, and the Company and Executive also desire
                  to extend
                  the term of the Agreement for an additional two years beyond the
                  current
                  expiration date of May 31,
                  2007.

              

      

       

      NOW
        THEREFORE, the
        parties hereby agree as follows:

       

      
        	
                1.

              	
                Section
                  1 of
                  the Agreement is hereby amended to state that the Agreement shall
                  continue
                  in effect for two additional years beyond the Initial Term to May 31,
                  2009.  This two-year extension is in lieu of and replaces
                  the current
                  language providing for two automatic one-year extensions of the
                  Initial
                  Term.  The Initial Term and the two-year extension will
                  be referred
                  to in the Agreement as the "Employment
                  Term."

              

      

       

      
        	
                2.

              	
                Section
                  3.1
                  is hereby amended to reflect that Executive's current base salary
                  is
                  $750,000.

              

      

       

      
        	
                3.

              	
                All
                  remaining
                  provisions of the Agreement, other than those expressly modified
                  in this
                  Second Amendment, remain in full force and
                  effect.

              

      

       

      This
        Second
        Amendment is effective June 16th, 2005 and is dated the date first written
        above.

      
        	
                 

                COMPANY

                 

                BUILDING
                  MATERIALS HOLDING 
CORPORATION

                 

                By  /s/
                  Peter S.
                  O’Neill

                  
   Peter
                  S. O'Neill
Chair
                  of
                  Compensation Committee

              	
                 

                EXECUTIVE

                 

                 

                 

                 

                By    
                  /s/
                  Robert E.
                  Mellor

                  
   Robert
                  E. MellorExhibit
        10.46

      

      BUILDING
        MATERIALS HOLDING CORPORATION

       

      Severance
        Plan for Certain Executive Officers,

      Senior
        Management and Key Employees of the

      Company
        and
        its Subsidiaries

       

      First
        Amendment 

       

      Pursuant
        to Section
        9(a) of the Severance Plan for Certain Executive Officers, Senior Management
        and
        Key Employees of Building Materials Holding Corporation and its subsidiaries
        (the “Plan”), the Plan is hereby amended as follows, effective as of June 16,
        2005:

       

      1.  Section 2
        of
        the Plan is hereby amended to add the following new subsection (d), with
        the
        existing subsections (d), (e) and (f) renumbered accordingly:

       

      “(d) 
Code. 
“Code”
        shall refer to the Internal Revenue Code of 1986, as amended from time to
        time.”

       

      2.  Section 2
        of
        the Plan is hereby amended to add the following new subsection (h):

       

      “(h) 
Key
        Employee. 
“Key
        Employee” shall have the meaning ascribed to such term in Section 416(i) of
        the Code without regard to paragraph (5) thereof.”

       

      3.  Section 5(iii)
        of the Plan is hereby amended to add the phrase “, on or before the fifth day
        following the Date of Termination,” after the word “payment” in the first
        sentence thereof.

       

      4.  Section 5(iv)
        of the Plan is hereby amended to add the phrase “, on or before the fifth day
        following the Date of Termination,” after the words “Designated Employee” in the
        first sentence thereof.

       

      5.  Section 5
        of
        the Plan is hereby amended to add the following new paragraph at the end
        of the
        existing Section 5:

       

      “In
        addition,
        notwithstanding anything herein to the contrary, to the extent that the Board
        of
        Directors of the Company determines, in its sole discretion, that any payments
        or benefits to be provided hereunder to or for the benefit of a Designated
        Employee who is also a Key Employee would be subject to the additional tax
        imposed under Section 409A(a)(1)(B) of the Code or a successor or comparable
        provision, the commencement of such payments and/or benefits shall be delayed
        until the earlier of (x) the date that is six months following the
        Date of
        Termination or (y) the date of the Designated Employee's death or
        disability (within the meaning of Section 409A(a)(2)(C) of the Code) (such
        date
        is referred to herein as the "Distribution Date").  In the event that
        the
        Board of Directors determines that the commencement of any of the benefits
        to be
        provided under Section 5(ii) are to be delayed pursuant to the preceding
        sentence, the Company shall require the Designated Employee to bear the full
        cost of such benefits until the Distribution Date at which time the Company
        shall reimburse the Designated Employee for all such costs.”

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      6.  Section 6
        of
        the Plan is hereby amended to renumber the existing Section 6 to
        Section 6(a), to replace the word “Agreement” with the word “Plan” in the
        first sentence thereof, and to add the phrase “(including Section 6(b))”
        following the phrase “under Sections 5(i) through (iii) or otherwise” in
        the first sentence thereof.

       

      7.  Section 6
        of
        the Plan is also hereby amended to add the following new
        subsection (b):

       

      “(b)
 
Gross-up
        in
        Benefits For Additional Taxes under Section 409A of the Code. 
        In the
        event that, as a result of payments to or for the benefit of a Designated
        Employee under this Plan, the Designated Employee is subject to the additional
        tax under Section 409A(a)(1)(B) of the Code and any successor or comparable
        provision, then, in addition to the benefits provided for under Sections
        5(i)
        through (iii) or otherwise (including Section 6(a)), the Company (including
        any
        successor to the Company) shall pay to the Designated Employee at the time
        any
        such amounts are paid an amount equal to the amount of any such additional
        tax
        imposed or to be imposed on the Designated Employee (the amount of any such
        payment, the "Section 409A Tax Reimbursement").  In addition, the
        Company
        (including any successor to the Company) shall "gross-up" such Section 409A
        Tax
        Reimbursement by paying to the Designated Employee at the same time an
        additional amount equal to the aggregate amount of any additional taxes (whether
        income taxes, excise taxes, special taxes, additional taxes, employment taxes
        or
        otherwise) that are or will be payable by the Designated Employee as a result
        of
        the Section 409A Tax Reimbursement being paid or payable to the Designated
        Employee and/or as a result of the additional amounts paid or payable to
        the
        Designated Employee pursuant to this sentence, such that after payment of
        such
        additional taxes the Designated Employee shall have been paid on an after-tax
        basis an amount equal to the Section 409A Tax Reimbursement.”

       

      8.  Section 9
        of
        the Plan is hereby amended to add the following new
        subsection (c):

       

      “(c) 
Notwithstanding
        anything herein or in any agreement entered into pursuant to the Plan to
        the
        contrary, the Board of Directors of the Company may, in its sole discretion,
        amend the Plan (which amendment shall be effective upon its adoption or at
        such
        other time designated by the Board of Directors) at any time prior to a Change
        in Control as may be necessary to avoid the imposition of the additional
        tax
        under Section 409A(a)(1)(B) of the Code; provided, however, that any such
        amendment shall be implemented in such a manner as to preserve, to the greatest
        extent possible, the terms and conditions of the Plan as in existence
        immediately prior to any such amendment.”

       

      Except
        as modified
        by this First Amendment, the Plan shall remain unchanged and shall remain
        in
        full force and effect.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, this First Amendment is approved and duly executed as of
        the
        day and year first written above by the undersigned authorized
        individual.

      

      

      /s/
        Peter S.
        O’Neill 
        
          

        

      

      Peter
        S.
        O’Neill

      Chairman
        of the
        Compensation 
Committee of the Board of Directors

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