FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • November 2nd, 2011 • Huttig Building Products Inc • Wholesale-lumber & other construction materials • Delaware
THIS FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of October 31, 2011, is by and among HUTTIG BUILDING PRODUCTS, INC., a Delaware corporation (“Parent”), HUTTIG, INC., a Delaware corporation (“Huttig”) (Parent and Huttig are sometimes collectively referred to herein as “Borrowers” and individually as a “Borrower”), the other Credit Parties signatory to the hereinafter defined Credit Agreement, GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, for itself, as a Lender, and as Agent for Lenders (“Agent”) and the other Lenders signatory to the hereinafter defined Credit Agreement.
AMENDMENT NO. 3 TO AMENDED AND RESTATED EXECUTIVE AGREEMENTExecutive Agreement • November 2nd, 2011 • Huttig Building Products Inc • Wholesale-lumber & other construction materials
This Amendment No. 3 to Amended and Restated Executive Agreement (the “Amendment”) is effective as of November 21, 2011 and amends that certain Amended and Restated Executive Agreement effective as of June 24, 2008 (the “Original Agreement”), as amended by Amendment No. 1 to Amended and Restated Executive Agreement effective as of September 25, 2009 (“the “First Amendment”), as further amended by Amendment No. 2 to Amended and Restated Executive Agreement effective as of September April 12, 2010 (“the “Second Amendment”) (the Original Agreement, as amended by the First Amendment and the Second Amendment, the “Agreement”) between Huttig Building Products, Inc., a Delaware corporation (the “Company”), and Jon Vrabely (the “Executive”). All capitalized terms used but not defined herein shall have the meanings ascribed to them in the Original Agreement.
ContractHuttig Building Products Inc • November 2nd, 2011 • Wholesale-lumber & other construction materials
For pay periods beginning on and after November 21, 2011, Huttig Building Products, Inc. (“Huttig”) reduced your annual base salary by ten percent (10%) in conjunction with Huttig’s salary reduction program for certain of its employees, which program was instituted as part of Huttig’s cost containment initiatives.
