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BXC > SEC Filings for BXC > Form 8-K on 23-Aug-2013All Recent SEC Filings

Show all filings for BLUELINX HOLDINGS INC.



Change in Directors or Principal Officers, Financial Statements and Exhibi

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 22, 2013, the Board of Directors of BlueLinx (the "Board") approved and adopted the BlueLinx Holdings Inc. Second-Half Incentive Plan (the "Plan"). The purpose of the Plan is to permit BlueLinx, through the award of cash bonuses, to motivate participants to achieve maximum profitability and success of BlueLinx during the bonus period, which will be June 30, 2013 through January 4, 2014.

The Plan will be administered by the Compensation Committee of the Board (the "Administrator"); however, the Board retains the right to amend or terminate the Plan at any time (with or without the payment of bonuses). The Administrator of the Plan, it its sole discretion, will determine which employees will participate in the Plan; performance requirements, measures and goals (and the weighting of each item) related to calculating bonuses; and the ultimate amount of each bonus. Bonuses under the Plan will be payable only and to the extent that bonuses are not paid under the BlueLinx Holdings Inc. Short-Term Incentive Plan for the fiscal year ending January 4, 2014.

The foregoing description is qualified in its entirety by reference to the Plan, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

10.1 BlueLinx Holdings Inc. Second-Half Incentive Plan, adopted August 22, 2013.

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