EXHIBIT 14
 
                     AMENDMENT TO THE EXECUTIVE BONUS PLAN


     WHEREAS, United Stationers Inc. ("Company") amended and restated the
Executive Bonus Plan ("Plan") as of September 1, 1988 and reserved the right
therein to amend the Plan; and

     WHEREAS, the Company desires to amend the Plan to take into account a
possible Change in Control, as defined in Section 8.3 of the Plan and further
described herein;

     NOW THEREFORE, the Company hereby amends the Plan to be effective upon the
occurrence of a merger of the Company following a Change in Control effected by
a tender offer, as follows:

     1.  Subsection 8.1  Effect of a Change in Control During a Plan Year and
Subsection 8.2 Effect of Change in Control on Amounts Credited to Growth Account
are amended by deleting the text thereof in its entirety and substituting the
following therefor:

          "8.1  Effect of a Merger Following a Change in Control During a Plan
     Year.  In a Plan Year in which a merger of the Company ("Merger") following
     a Change in Control effected by a tender offer occurs, the Plan Year shall
     end on the last day of the month in which, or the date on which, the Merger
     occurs, as determined in accordance with this Section 8.1.  Each
     Participant's Target Incentive Award for the short Plan Year shall be equal
     to the Participant's Target Incentive Award established for the Plan Year
     multiplied by a fraction.  In the event the Merger occurs after the tenth
     day of the month, the numerator of the fraction shall be the number of
     months in such short Plan Year and the denominator of the fraction shall be
     twelve (12).  In the event the Merger occurs on or before the tenth day of
     the month, the numerator of the fraction shall be the number of days in
     such short Plan Year, including the date on which the Merger occurs, and
     the denominator of the fraction shall be three hundred sixty (360).  The
     Participant shall be entitled to a Final Award for the Plan Year equal to
     the Participant's Target Incentive Award, as determined above, weighted as
     provided by the standards established for the Plan Year to reflect the
     financial success of the Company achieved by the Participants prior to the
     Merger, based upon the most recent information available at the time such
     amounts are accrued.  Any proration of the Final Award under the terms of
     the Plan shall be calculated with a denominator equal to the number of
     months in the short Plan Year.  The Company will in good faith determine
     the amount of such accrual for the period ending on the date on which the
     first shares are purchased pursuant to the tender offer by Associated
     Holdings, Inc. (the "First Purchase Date"), together with the Company's
     good faith estimate of the amount of the accrual for the period beginning
     immediately after the First Purchase Date and ending upon the occurrence

 
     of the Merger, and shall pay the Final Award in cash to the Participant at
     any time on or before October 15, 1995.

          8.2  Effect of a Merger Following a Change in Control on Amounts
     Credited to Growth Account.  In the event of a Merger following a Change in
     Control effected by a tender offer, the Participant shall receive the full
     amount of any previously deferred amounts credited to the Participant's
     Growth Account to be paid on or before October 15, 1995.  The Share Units
     credited to the Participant's Growth Account shall be converted to cash by
     multiplying the number of Share Units in the Participant's Growth Account
     by the aggregate of the cash and the fair market value of any other
     property received in consideration of a share of Common Stock of the
     Company pursuant to the Merger. The Share Unit Component thus converted
     shall be paid out along with the cash balance in the Participant's Growth
     Account, including applicable earnings, in a lump sum cash payment."

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