OTHER INFORMATION
−Removed: On August 3, 2020, in light of the performance by the Company during its 2020 second fiscal quarter and July, the Compensation Committee of the Company’s Board of Directors (the “Committee”) rescinded the voluntary reduction of the base salary of the Company’s President and Chief Executive Officer, Mitchell B.
−Removed: Lewis, and reinstated his annual base salary of $850,000 effective August 1, 2020.
−Removed: Lewis’s base salary had been reduced to, and paid at, $1 per month for the months of April through July 2020 at the request of Mr.
−Removed: Lewis and pursuant to the Committee’s previous approval.
−Removed: Sixth Amendment to Credit and Guaranty Agreement, dated April 1, 2020, by and among BlueLinx Holdings Inc., as borrower, certain subsidiaries of BlueLinx Holdings Inc., as guarantors, the lenders party thereto, and HPS Investment Partners, LLC, in its capacity as administrative agent (incorporated by reference to Exhibit 10.1 to the Company’s Form 8‑K filed with the Securities and Exchange Commission on April 7, 2020).
−Removed: Letter Agreement, dated March 30, 2020, between BlueLinx Corporation and Alexander Averitt.
+Added: On October 26, 2020, the Company recognized the extraordinary contributions of management in 2020 (including leadership through the COVID-19 pandemic, timely cost reductions and/or temporary voluntary salary reductions) by entering into amendments to certain of the outstanding performance-based restricted stock unit awards that were granted on June 8, 2018, under the Company’s Long-Term Equity Incentive Plan (the "RSUs").
+Added: The amendments modify only the performance target of the RSUs, which was reduced by 10% from $150 million to $135 million of trailing twelve month Adjusted EBITDA as of the end of any fiscal quarter during the three-year performance period.
+Added: In approving the amendments, the Compensation Committee of the Company's Board of Directors also acknowledged that the performance target was originally established prior to the COVID-19 pandemic and its effect on the global economic environment and the Company's ability to achieve the performance target.
+Added: The amendments were entered into with all current employees who were recipients of the June 8, 2018, awards, including Mitchell B.
+Added: Lewis, President and Chief Executive Officer, and Alexander S.
+Added: Averitt, Chief Operating Officer.
+Added: The foregoing description of the material terms of the amendments is qualified in its entirety by reference to the form of amendment, which will be filed as an exhibit to the Company’s Annual Report on Form 10-K.
+Added: Number Description
+Added: 10.1 * Form of Purchase and Sale Agreement with Big Acquisitions LLC, dated as of June 1, 2020.
+Added: 10.2 * First Amendment to Purchase and Sale Agreement with Big Acquisitions LLC, dated as of July 8, 2020.
31.1 * Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
2 unchanged sentences
32.2 ** Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: Definition Linkbase Document.
−Removed: Presentation Linkbase Document.
−Removed: Labels Linkbase Document.
−Removed: Calculation Linkbase Document.
−Removed: Schema Document.
−Removed: Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
+Added: 101.Def Definition Linkbase Document.
+Added: 101.Pre Presentation Linkbase Document.
+Added: 101.Lab Labels Linkbase Document.
+Added: 101.Cal Calculation Linkbase Document.
+Added: 101.Sch Schema Document.
+Added: 101.Ins Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
+Added: 104 The cover page from this Quarterly Report on Form 10-Q for the quarter ended September 26, 2020, formatted in Inline XBRL.
* Filed herewith.
2 unchanged sentences
BlueLinx Holdings Inc.
−Removed: August 3, 2020
+Added: October 28, 2020 By:
Senior Vice President and Chief Financial Officer
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.