Document:

EXHIBIT 10.5

     AMENDMENT  No. 4, dated as of January 1 , 2002,  to  AMENDED  AND  RESTATED
MANAGEMENT  AGREEMENT,  dated as of January 1, 1999, as amended by Amendment No.
1, dated as of January  1, 2000,  Amendment  No. 2, dated as of January 1, 2001,
and Amendment No. 3, dated as of June 27, 2001 (as so amended, the "Agreement"),
by and  among  G-I  Holdings  Inc.  (formerly  known as GAF  Building  Materials
Corporation), Merick Inc., International Specialty Products Inc. (formerly known
as ISP Holdings Inc.) ("ISP" or "New ISP"), ISP Investco LLC  ("Investco"),  GAF
Broadcasting Company,  Inc., Building Materials Corporation of America ("BMCA"),
and ISP Management Company, Inc. (the "Company"), as assignee of ISP Chemco Inc.
(formerly  known as ISP Opco  Holdings  Inc.).  Capitalized  terms  used and not
otherwise  defined  herein  shall  have  the  meanings  ascribed  to them in the
Agreement.

     WHEREAS,  the parties  desire to amend the Agreement to reflect a change in
ownership of the real property subject to the Lease, and

     WHEREAS, in accordance with Section 7 of the Agreement,  the parties desire
to adjust the  management  fees  payable  to the  Company  under the  Agreement,
effective  January 1,  2002,  in order to  reflect  the costs to the  Company of
providing services thereunder;

     NOW, THEREFORE, the parties hereby amend the Agreement as follows:

     1.  Section 3 of the Agreement is amended, effective as of January 1, 2002,
to read in its entirety as follows:

         "In consideration of the Company providing Services hereunder,  each of
         the corporations listed below shall pay to the Company a management fee
         (the  "Management  Fee")  at the  following  respective  rates  for the
         quarter ending March 31, 2002 and for each quarter thereafter for which
         this  Agreement  has been  extended  as  provided  in Section 1 of this
         Agreement: BMCA (on behalf of itself, its parents and its subsidiaries)
         - $1,161,750,  ISP - $25,000 and, Investco (on behalf of itself and its
         subsidiaries) - $1,037,500. The Management Fee shall be payable monthly
         in arrears.

         In addition to the  Management  Fee, a wholly owned  subsidiary of BMCA
         shall pay to  Company  (as  successor  to both the  overlandlord's  and
         sublandlord's  interests in the subject real  property)  rent  payments
         pursuant  to and in  accordance  with  the  terms of the  Sublease  (as
         amended) between such wholly owned subsidiary of BMCA and Company,  the
         form of which is attached as Exhibit A hereto and made a part hereof.

         The  Company,  on behalf  of its  affiliate  as tenant  under the Lease
         attached hereto as Exhibit B and made a part hereof (the "Lease), shall
         pay or cause to be paid to the landlord  under the Lease (such landlord
         being a subsidiary of G-I Holdings) the lease  payments due and payable
         under  the Lease in  accordance  with the  terms of the  Lease,  as the
         Company  shall be  reimbursed  by such  affiliate  for all  such  lease
         payments made on its behalf.

         In consideration of BMCA providing G-I Services hereunder, G-I Holdings
         (on  behalf of itself and its  subsidiaries  other than BMCA and BMCA's
         subsidiaries)  shall pay to BMCA a management fee (the "G-I  Management
         Fee") at the rate of $200,000 for the

<PAGE>

         quarter ended March 31, 2002 and for each quarter  thereafter for which
         this  Agreement  has been  extended  as  provided  in Section 1 of this
         Agreement. The G-I Management Fee shall be payable monthly in arrears."

     2.  Exhibit A to the Agreement is hereby  amended to  substitute  therefore
Exhibit A to this Amendment.

     3.  In all other respects, the Agreement as previously amended shall remain
in full force and effect.

     4.  This  Amendment  is subject to the  approval  of the Board of Directors
of the Company.

     5.  This  Amendment  may be  executed in one or more  counterparts,  each
of which shall be an original but all of which, taken together, shall constitute
one and the same instrument.  Failure by any one party to execute this Amendment
shall not effect the rights and obligations of any other party signatory hereto.

     IN WITNESS  WHEREOF,  the parties have executed this  Amendment on the date
and year first above written.

G-I HOLDINGS INC.                      GAF BROADCASTING COMPANY, INC.

By:    /s/ Richard A. Weinberg         By:    /s/ Susan B. Yoss
       ----------------------------           ----------------------------
Name:  Richard A. Weinberg             Name:  Susan B. Yoss
Title: President, Chief Executive      Title: Senior Vice President and
       Officer and General Counsel            Treasurer

MERICK INC.                            BUILDING MATERIALS CORPORATION OF AMERICA

By:    /s/ Susan B. Yoss               By:    /s/ William W. Collins
       ----------------------------           ----------------------------
Name:  Susan B. Yoss                   Name:  William W. Collins
Title: Senior Vice President and       Title: President and
       Treasurer                              Chief Executive Officer

INTERNATIONAL SPECIALTY PRODUCTS INC.  ISP MANAGEMENT COMPANY, INC.

By:    /s/ Sunil Kumar                 By:    /s/ Sunil Kumar
       ----------------------------           ----------------------------
Name:  Sunil Kumar                     Name:  Sunil Kumar
Title: Chief Executive Officer and     Title: Chief Executive Officer and
       President                              President

                                       ISP INVESTCO LLC

                                       By:    /s/ Susan B. Yoss
                                              ----------------------------
                                       Name:  Susan B. Yoss
                                       Title: Executive Vice President - Finance
                                              and Treasurer of International
                                              Specialty Holdings Inc.,
                                              sole member

                                       2Prepared by R.R. Donnelley Financial -- Form of Performance Grant Agreement

  
 EXHIBIT 10.10 
  
 FIRST DATA CORPORATION 
  
 1992 LONG-TERM INCENTIVE PLAN 
 PERFORMANCE GRANT AGREEMENT 
 (Award Period Beginning January 1, 2001) 
  
 This AGREEMENT is made by and between FIRST DATA CORPORATION, a Delaware corporation (the “Company”) and [Executive Name], an executive of the
Company (the “Executive”), as of January 1, 2001 
  
 RECITALS 
  
 WHEREAS, the Board of Directors of the Company (The “Board”) established and the Company maintains the 1992 Long-Term Incentive Plan (The “Plan”) which authorizes the
Compensation and Benefits Committee of the Board (the “Committee”) to award Performance Grants to eligible key employees of the Company and its affiliates; and 
  
 WHEREAS, the Committee has determined to award a Performance Grant to Executive on the terms and conditions set forth herein; 
  
 NOW THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 
  
 AGREEMENT 
  

	1.
	 
	Defined Terms. All terms not otherwise defined herein shall have the meaning set forth in the Plan. 
 

  

	2.
	 
	Award of Performance Grants. The Company hereby grants to Executive a Performance Grant (referred to hereinafter as the “Performance Grant”) subject to the
terms and conditions set forth below. 
 

  

	3.
	 
	Terms and Conditions of Performance Grants. 
 

  

	 	(a)
	 
	The value of the Performance Grant (the “Unit Value”) shall be determined by the Committee in accordance with the formula set forth on Exhibit A attached hereto based
upon the percentage increase in the share price of the Company’s common stock, $.01 par value per share (the “Common Shares”), plus dividends paid, if any, during the period beginning on January 1, 2001and ending on December 31,
2002(the “Award Period”) (the “Growth in Shareholder Value”), relative to the Growth in Shareholder Value of those companies in the S&P 500 index whose Growth in Shareholder Value during the Award Period would place such
companies above the fiftieth (50th) percentile of all companies in the S&P 500 index (“Comparator Companies”); provided, however, that the Growth in Shareholder Value is in excess of the fiftieth percentile of the Comparator Companies
and 
 

  

 the Threshold Rate as defined below. For purposes of this Agreement, the share price of the Common Shares and the share price of the
Comparator Companies shall be the average of such share price for the sixty (60) day period ending on the last Business Day preceding the first day of the Award period and the last day of the Award Period, respectively. For purposes of this
Agreement, the Threshold Rate for any Award Period shall mean the rate of return during the Award Period of the average two-year treasury note for the sixty (60) day period ending on the last Business Day preceding the first day of the Award Period
assuming that dividends with respect to such two-year treasury note paid during the Award Period are reinvested at such two-year treasury note rate. For purposes of this Agreement, the methodology which shall be used to determine whether the Growth
in Shareholder Value of the Company’s common shares during the Award Period exceeds the 50th percentile shall be to rank each of the comparator companies from one (1) to five hundred (500) based on its Growth in Shareholder Value during the
Award Period and then compare the Growth in Shareholder Value of the Company with the Growth in Shareholder Value of the Comparator Companies. If the Committee determines that a Performance Grant has no Unit Value, such Performance Grant shall be
deemed to have been canceled. 
  

	 	(b)
	 
	Subject to the conditions set forth in Subparagraph 3 (e) and Paragraph 4 below, Executive shall have no vested or non-forfeitable interest in the Unit Value of a Performance
Grant, as determined by the Committee, until the expiration of two fiscal years following the end of the Award Period with respect to the Performance Grant (the “Vesting Period”). For each fiscal year during the Vesting Period in which the
Company’s net income (determined pursuant to the guidelines previously approved by the Committee) before dividends divided by stockholder’s equity at the beginning of such fiscal year (“Return on Equity Percentage”) is a positive
number, the Unit Value of the Award shall increase in an amount equal to fifty (50%) percent of the Return on Equity Percentage (“Adjusted Return on Equity Percentage”). For each fiscal year during the Vesting Period in which the Return on
Equity Percentage is a negative number, the Unit Value of the Award shall decrease by an amount equal to the Return on Equity Percentage. 
 

  

	 	(c)
	 
	Subject to the terms and conditions set forth in Paragraph 4 below, Executive shall be entitled to receive an amount equal to the Unit Value of the Performance Grant, as
adjusted pursuant to the Adjusted Return on Equity Percentage or the Return on Equity Percentage, as the case may be (the “Adjusted Unit Value”) as determined as of the last day of the Vesting Period applicable to the Performance Grant.
Such Adjusted Unit Value shall be payable solely in cash and shall be paid to Executive within 90 days after the last day of such Vesting Period. 
 

  

	 	(d)
	 
	Executive may elect to defer receipt of cash in the amount of the Adjusted Unit Value of a Performance Grant in accordance with the terms and conditions of the First Data
Corporation Salary Deferral Plan. 
 

  

	 	(e)
	 
	In the event that Executive’s employment is terminated for any reason prior to the end of the Award Period (with respect to a Performance Grant), or for any reason other
than Executive’s death, Disability, or early, normal or deferred retirement under an approved retirement plan of the Company (or any such other plan or arrangement as may be approved by the Committee in its discretion, for this purpose) after
the Award Period with respect to such Performance Grant but prior to the end of the Vesting Period, any unpaid Unit Value shall not be paid out and the Performance Grant shall be forfeited. 
 

  

  

	4.
	 
	Committee Authority. The Committee has the sole and exclusive authority to interpret and apply any provision of this Agreement, and may reduce the amount of any such
award to be made hereunder (including a determination of a lower Unit Value than that which the formula on Exhibit A would yield) based on factors it selects in its discretion. The Board may, from time to time, amend, modify or terminate, in whole
or in part, any or all provisions of the Plan; provided, that no such change or termination shall in any way materially impair Executive’s right under this Agreement without the prior written consent of Executive. Notwithstanding anything in
the foregoing sentence to the contrary, the Committee may, in its sole discretion, extend at any time the Vesting Period for any Performance Grant for up to an additional two fiscal years (the “Extended Phase”) provided that (a) the
Committee in its sole discretion may provide for the payment to Executive during the Extended Phase of all or any portion of the Unit Value of the Performance Grant, and (b) any action by the Committee in extending the Vesting Period pursuant to
this sentence shall be disregarded for purposes of Paragraph 3 (e) of this Agreement. 
 

  

	5.
	 
	Nontransferability. The Performance Grant shall not be transferred or assigned, hypothecated or encumbered in whole or in part either directly or by operation of law or
otherwise (except in the event of Executive’s death) including, but not by way of limitation, execution, levy, garnishment, attachment, pledge, bankruptcy or in any other manner. 
 

  

	6.
	 
	No Employment Contract. Neither the Plan nor this Agreement shall constitute a contract of employment between the Company and Executive, and the Company specifically
reserves the right to terminate the employment of or performance of services by the Executive at any time for any reason. 
 

  

	7.
	 
	Compliance with Other Laws and Regulations. The Performance Grant shall be subject to all applicable federal and state laws, rules and regulation, including those
related to disclosure of financial and other information to Executive, and to such approvals by any government or regulatory agency as may be required. 
 

  

	8.
	 
	Executive Bound by Plan. Executive hereby acknowledges a receipt of a copy of the Plan, and agrees to be bound by all the terms and provisions thereof, which are
incorporated herein by reference. 
 

  

	9.
	 
	Acceptance. By executing this Agreement and accepting the Performance Grant, Executive (or any person acting on Executive’s behalf or claiming under or through
Executive) shall be conclusively deemed to have indicated his acceptance and ratification of, and consent to, any action taken under the Plan by the Company, the Board or the Committee or its delegates. 
 

  

	10.
	 
	Funding. The Plan shall be unfunded. The Company shall not be required to establish any special fund or to make any other segregation of assets to assure the payment of
the Adjusted Unit Value attributable to any Performance Grant. Any rights to the payment of any such Adjusted Unit Value shall be no greater than the right of the Company’s general creditors. 
 

  

  

	11.
	 
	Notices. Any notice hereunder to the Company shall be addressed to: 
 

  
 First Data Corporation 
 5660 New Northside Drive 
 Suite 1400 
 Atlanta, GA 30328 
 Attn: Michael Whealy, Executive Vice President and General Counsel 
  
 and any notice hereunder to Executive shall be addressed to Executive at Executive’s last address on the records of the Company, subject to the right of either party to designate at any time hereafter in writing
some other address. Any notice shall be deemed to have been duly given when enclosed in a properly sealed envelope, addressed as set forth above, and deposited (with first class postage prepaid) in the United States mail. 
  

	12.
	 
	Counterparts. This Agreement may be executed in one or several counterparts, each of which shall constitute one and the same instrument. 
 

 

	13.
	 
	Governing Law. The validity, construction, interpretation, administration and effect of the Plan and this Agreement, and of its and their rules and regulations, and
rights relating to the Plan and to the Performance Grants granted under the Plan pursuant to this Agreement shall be governed by the substantive laws, but not the choice of law rules, of the State of Delaware. 
 

 

	14.
	 
	Variation of Pronouns. All pronouns and any variations thereof contained herein shall be deemed to refer to masculine, feminine, neuter, singular or plural, as the
identity of the person or persons may require. 
 

  

	15.
	 
	Shareholder Approval. This Agreement shall be void in the event the stockholders of the Company fail to approve either this Agreement or a plan authorizing this
Agreement prior to the payment of any amount to Executive under this Agreement. 
 

  
 IN WITNESS WHEREOF,
the Company and Executive has executed this Agreement as of the date first written above. 
  
 
	 FIRST DATA CORPORATION
 
	 
	 By:
 	 	 

	  	 	  
	 
	 Title:
 	 	 

	 
	 EXECUTIVE
 
	 
	 

 

  
 EXHIBIT A 
 (To Chief
Executive Officer Agreement) 
  
 UNIT VALUE 
  
 
	 ANNUAL GROWTH IN
SHAREHOLDER VALUE
 
	  	 TARGET UNIT VALUE
 

	     ***
 	  	  
 	 ***
 
	 Threshold Rate
 	  	  	  
	 Exceeds Comparator Company at 50% level
 	  	 $
 	 660,000
 
	 Exceeds Comparator Company at 55% level
 	  	  
 	 1,200,000
 
	 Exceeds Comparator Company at 60% level
 	  	  
 	 1,800,000
 
	 Exceeds Comparator Company at 65% level
 	  	  
 	 2,400,000
 
	 Exceeds Comparator Company at 70% level
 	  	  
 	 3,000,000
 
	 Exceeds Comparator Company at 75% level    (Maximum)
 	  	  
 	 3,600,000
 

 
  
 If the Company’s Growth in Shareholder Value exceeds a Comparator Company at
a level above 50% and below 75%, the Target Value will be interpolated to the nearest whole percent based on the scale above. 
  

	***
	 
	For purposes of this Agreement, the Threshold Rate for any Award Period shall mean the rate of the return during the Award Period of the average two-year treasury note for the
sixty (60) day period ending on the last Business Day preceding the first day of the Award Period assuming that interest with respect to such two-year treasury note paid during the Award Period is reinvested at such Threshold Rate. If the Growth in
Shareholder Value for the Award Period is less than the Threshold Rate, then regardless of the Growth in Shareholder Value, the Committee shall assign no Unit Value to the Performance Grant. For example, if Growth in Shareholder Value exceeds that
of the Comparator Company at the seventy-fifth percent (75%) level but that Growth in Shareholder Value is less than the Threshold Rate, no Unit Value shall be assigned. 
 

  
 EXHIBIT A 
 (To EVP
Agreements) 
  
 UNIT VALUE 
  
 
	 ANNUAL GROWTH IN
SHAREHOLDER VALUE
 
	  	 TARGET UNIT
VALUE
 

	             ***
 	  	  
 	 ***
 
	 Threshold
Rate
 
	 Exceeds Comparator Company at 50% level
 	  	 $
 	             250,000
 
	 Exceeds Comparator Company at 55% level
 	  	  
 	 350,000
 
	 Exceeds Comparator Company at 60% level
 	  	  
 	 450,000
 
	 Exceeds Comparator Company at 65% level
 	  	  
 	 550,000
 
	 Exceeds Comparator Company at 70% level
 	  	  
 	 650,000
 
	 Exceeds Comparator Company at 75% level    (Maximum)
 	  	  
 	 750,000
 

 
  
 If the Company’s Growth in Shareholder Value exceeds a Comparator Company at
a level above 50% and below 75%, the Target Unit Value will be interpolated to the nearest whole percent based on the scale above. 
  

	***
	 
	For purposes of this Agreement, the Threshold Rate for any Award Period shall mean the rate of the return during the Award Period of the average two-year treasury note for the
sixty (60) day period ending on the last Business Day preceding the first day of the Award Period assuming that interest with respect to such two-year treasury note paid during the Award Period is reinvested at such Threshold Rate. If the Growth in
Shareholder Value for the Award Period is less than the Threshold Rate, then regardless of the Growth in Shareholder Value, no Unit Value shall be assigned to the Performance Grant by the Committee. For example, if Growth in Shareholder Value
exceeds that of the Comparator Company at the seventy-fifth percent (75%) level but that Growth in Shareholder Value is less than the Threshold Rate, no Unit Value shall be assigned. 
 

  
 EXHIBIT A 
 (To Chief
Operating Officer Agreement) 
  
 UNIT VALUE 
  
 
	 ANNUAL GROWTH IN
SHAREHOLDER VALUE
 
	  	 TARGET UNIT
VALUE
 

	             ***
 	  	  	  
	 Threshold
Rate
 
	 Exceeds Comparator Company at 50% level
 	  	 $
 	 500,000
 
	 Exceeds Comparator Company at 55% level
 	  	  
 	 800,000
 
	 Exceeds Comparator Company at 60% level
 	  	  
 	 1,100,000
 
	 Exceeds Comparator Company at 65% level
 	  	  
 	 1,400,000
 
	 Exceeds Comparator Company at 70% level
 	  	  
 	 1,700,000
 
	 Exceeds Comparator Company at 75% level (Maximum)
 	  	  
 	 2,000,000
 

 
  
 If the Company’s Growth in Shareholder Value exceeds a Comparator Company at
a level above 50% and below 75%, the Target Unit Value will be interpolated to the nearest whole percent based on the scale above. 
  

	***
	 
	For purposes of this Agreement, the Threshold Rate for any Award Period shall mean the rate of the return during the Award Period of the average two-year treasury note for the
sixty (60) day period ending on the last Business Day preceding the first day of the Award Period assuming that interest with respect to such two-year treasury note paid during the Award Period is reinvested at such Threshold Rate. If the Growth in
Shareholder Value for the Award Period is less than the Threshold Rate, then regardless of the Growth in Shareholder Value, no Unit Value shall be assigned to the Performance Grant by the Committee. For example, if Growth in Shareholder Value
exceeds that of the Comparator Company at the seventy-fifth percent (75%) level but that Growth in Shareholder Value is less than the Threshold Rate, no Unit Value shall be assigned. 
 

  

  
 EXHIBIT A 
 (To Senior
EVP Agreement) 
  
 UNIT VALUE 
  
 
	 ANNUAL GROWTH IN
SHAREHOLDER VALUE
 
	  	 TARGET UNIT
VALUE
 

	             ***
 	  	  
 	 ***
 
	 Threshold
Rate
 
	 Exceeds Comparator Company at 50% level
 	  	 $
 	 275,000
 
	 Exceeds Comparator Company at 55% level
 	  	  
 	 400,000
 
	 Exceeds Comparator Company at 60% level
 	  	  
 	 525,000
 
	 Exceeds Comparator Company at 65% level
 	  	  
 	 650,000
 
	 Exceeds Comparator Company at 70% level
 	  	  
 	 775,000
 
	 Exceeds Comparator Company at 75% level    (Maximum)
 	  	  
 	 900,000
 

 
  
 If the Company’s Growth in Shareholder Value exceeds a Comparator Company at
a level above 50% and below 75%, the Target Unit Value will be interpolated to the nearest whole percent based on the scale above. 
  

	***
	 
	For purposes of this Agreement, the Threshold Rate for any Award Period shall mean the rate of the return during the Award Period of the average two-year treasury note for the
sixty (60) day period ending on the last Business Day preceding the first day of the Award Period assuming that interest with respect to such two-year treasury note paid during the Award Period is reinvested at such Threshold Rate. If the Growth in
Shareholder Value for the Award Period is less than the Threshold Rate, then regardless of the Growth in Shareholder Value, no Unit Value shall be assigned to the Performance Grant by the Committee. For example, if Growth in Shareholder Value
exceeds that of the Comparator Company at the seventy-fifth percent (75%) level but that Growth in Shareholder Value is less than the Threshold Rate, no Unit Value shall be assigned. 
 

  

  
 EXHIBIT A 
 (To SVP
Agreement) 
  
 UNIT VALUE 
  
 
	 ANNUAL GROWTH IN
SHAREHOLDER VALUE
 
	  	 TARGET UNIT
VALUE
 

	             ***
 	  	  
 	 ***
 
	 Threshold
Rate
 
	 Exceeds Comparator Company at 50% level
 	  	 $
 	 150,000
 
	 Exceeds Comparator Company at 55% level
 	  	  
 	 200,000
 
	 Exceeds Comparator Company at 60% level
 	  	  
 	 250,000
 
	 Exceeds Comparator Company at 65% level
 	  	  
 	 300,000
 
	 Exceeds Comparator Company at 70% level
 	  	  
 	 375,000
 
	 Exceeds Comparator Company at 75% level    (Maximum)
 	  	  
 	 450,000
 

 
  
 If the Company’s Growth in Shareholder Value exceeds a Comparator Company at
a level above 50% and below 75%, the Target Unit Value will be interpolated to the nearest whole percent based on the scale above. 
  

	***
	 
	For purposes of this Agreement, the Threshold Rate for any Award Period shall mean the rate of the return during the Award Period of the average two-year treasury note for the
sixty (60) day period ending on the last Business Day preceding the first day of the Award Period assuming that interest with respect to such two-year treasury note paid during the Award Period is reinvested at such Threshold Rate. If the Growth in
Shareholder Value for the Award Period is less than the Threshold Rate, then regardless of the Growth in Shareholder Value, no Unit Value shall be assigned to the Performance Grant by the Committee. For example, if Growth in Shareholder Value
exceeds that of the Comparator Company at the seventy-fifth percent (75%) level but that Growth in Shareholder Value is less than the Threshold Rate, no Unit Value shall be assigned.

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