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<TITLE>Office Depot, Inc.</TITLE>
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<P align="center" style="font-size: 10pt"><B>As filed with the Securities and Exchange Commission on March&nbsp;23, 2005</B>



<P align="right" style="font-size: 10pt"><B>Registration Statement No.&nbsp;333-&#091;____________&#093;</B>



<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<P align="center" style="font-size: 14pt"><B>UNITED STATES SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><HR size="1" noshade width="16%" align="center" color="#000000"></DIV>

<P>
<DIV align="center" style="font-size: 18pt"><B>FORM S-8</B></DIV>


<DIV align="center" style="font-size: 12pt"><B>REGISTRATION STATEMENT</B></DIV>
<DIV align="center" style="font-size: 12pt"><B>UNDER</B></DIV>
<DIV align="center" style="font-size: 12pt"><B>THE SECURITIES ACT OF 1933</B></DIV>

<DIV align="center" style="font-size: 10pt"><HR size="1" noshade width="16%" align="center" color="#000000"></DIV>


<DIV align="center" style="font-size: 24pt"><B>OFFICE DEPOT, INC.</B></DIV>


<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)
<HR size="1" noshade width="16%" align="center" color="#000000"></DIV>


<DIV align="center">
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <B>Delaware</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>59-2663954</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(State or other jurisdiction of
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(I.R.S. Employer</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">incorporation or organization)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Identification No.)</TD>
</TR>
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</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><B>2200 Old Germantown Road<BR>
Delray Beach, Florida 33445</B><BR>
(Address of Principal Executive Office) (Zip Code)


<DIV align="center" style="font-size: 10pt"><HR size="1" noshade width="16%" align="center" color="#000000">
<B>Office Depot, Inc. Long-Term Equity Incentive Plan</B><BR>
(Full title of the plans)</DIV>



<P align="center" style="font-size: 10pt"><B>David C. Fannin<BR>
Executive Vice President,<BR>
General Counsel &#038; Secretary<BR>
2200 Old Germantown Road<BR>
Delray Beach, Florida 33445<BR>
(561)&nbsp;438-4800</B>



<DIV align="center" style="font-size: 10pt">(Name and address of agent for service)<BR>
(Telephone number, including area code, of agent for service)
</DIV>
<P>
<DIV align="center" style="font-size: 10pt"><HR size="1" noshade width="16%" align="center" color="#000000"></DIV>


<DIV align="center" style="font-size: 10pt"><B>CALCULATION OF REGISTRATION FEE</B></DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="1%">&nbsp;</TD>
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    <TD width="1%">&nbsp;</TD>
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    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="23" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Proposed</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Proposed</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Title of Each</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Amount</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Amount of</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Class of Securities</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>to be</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Offering Price</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Aggregate</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Registration</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>to be Registered</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Registered</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Per Share (1)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Offering Price (1)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Fee</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>

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                    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Common Stock, $0.01
par value</DIV></TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">15,000,000 </TD>
    <TD nowrap style="border-top: 1px solid #000000">(2)</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-top: 1px solid #000000">$</TD>
    <TD align="right" style="border-top: 1px solid #000000">22.28</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-top: 1px solid #000000">$</TD>
    <TD align="right" style="border-top: 1px solid #000000">334,200,000</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="left" style="border-top: 1px solid #000000">$</TD>
    <TD align="right" style="border-top: 1px solid #000000">39,335.34</TD>
    <TD nowrap style="border-top: 1px solid #000000">(4)</TD>
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">Preferred Share
Purchase Rights</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15,000,000 </TD>
    <TD nowrap>(3)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">N/A</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">N/A</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="23" style="border-top: 3px double #000000">&nbsp;</TD>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)&nbsp;&nbsp;</TD>
    <TD>Estimated in accordance with Rule 457(h) and 457(c) under the Securities Act of 1933, as
amended (the &#147;Securities Act&#148;), solely for the purpose of calculating the total registration
fee. The price per share and aggregate offering price are based upon the average of the high
and low prices of the Registrant&#146;s common stock as reported on the New York Stock Exchange
Composite Tape on March&nbsp;17, 2005.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)&nbsp;&nbsp;</TD>
    <TD>This Registration Statement also relates (a)&nbsp;pursuant to Rule 416(a) under the Securities
Act, to such indeterminate number of additional shares of the Registrant&#146;s common stock as may
be issuable as a result of stock splits, stock dividends, or other similar events and (b)
pursuant to Rule 416(c) under the Securities Act, to such indeterminate number of interests
related to the Registrant&#146;s common stock as may be issuable under its long-term equity
incentive plan, all of which are generally nontransferable and may be considered derivative
securities, including stock options and any restricted stock units or stock equivalents.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(3)&nbsp;&nbsp;</TD>
    <TD>The Preferred Share Purchase Rights (the &#147;Rights&#148;) are attached to and will trade with the
Common Stock. The value attributable to the Rights, if any, is reflected in the market price
of the Common Stock.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(4)&nbsp;&nbsp;</TD>
    <TD>Calculated pursuant to Section 6(b) of the Securities Act of 1933 by multiplying 0.0001177 by
the proposed maximum aggregate offering price. Since no separate consideration is paid for
the Rights, the registration fee for such securities is included in the registration fee for
the Common Stock.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">This Registration Statement shall become effective upon filing with the Securities and Exchange
Commission (the &#147;Commission&#148;) in accordance with Section&nbsp;8(a) of the Securities Act, and Rules&nbsp;456
and 462 promulgated thereunder.


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<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>

<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000"> PART I</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001"> PART II</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;3.Incorporation of Documents by Reference</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;4. Description of Securities</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;5. Interests of Named Experts and Counsel</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;6. Indemnification of Directors and Officers</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006"> Item&nbsp;7. Exemption from Registration Claimed</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007"> Item&nbsp;8. Exhibits</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#008">Item&nbsp;9. Undertakings</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009"> SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#010"> EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="g93978exv5w1.htm">Opinion of David C. Fannin</A></TD></TR>
<TR><TD colspan="9"><A HREF="g93978exv23w1.htm">Consent of Deloitte & Touche LLP</A></TD></TR>
</TABLE>
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<P align="center" style="font-size: 10pt"><B>EXPLANATORY STATEMENT</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Registration Statement on Form S-8 is filed by Office Depot, Inc., a Delaware corporation
(the &#147;Registrant&#148;), and relates to an aggregate of 15,000,000 additional shares of the Registrant&#146;s
common stock, par value $0.01 per share (the &#147;Common Stock&#148;), and the related Rights, that are
being registered hereunder for offering and issuance pursuant to the Office Depot, Inc. Long-Term
Equity Incentive Plan (the &#147;Plan&#148;). The additional shares are being registered pursuant to an
increase in the number of shares authorized for issuance under the Plan that was approved by the
Registrant&#146;s stockholders at its annual meeting held on May&nbsp;14, 2004.

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<DIV align="left"><A NAME="000"></A></DIV>

<P align="center" style="font-size: 10pt"><B>PART I</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information specified in this Part&nbsp;I of Form S-8 will be sent or
given to participants as specified by Rule&nbsp;428(b)(1) promulgated under the Securities Act. Such
documents need not be filed with the Commission either as part of this Registration Statement or as
prospectuses or prospectus supplements pursuant to Rule&nbsp;424. These documents and the documents
incorporated by reference in this Registration Statement pursuant to Item&nbsp;3 of Part&nbsp;II of this Form
S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the
Securities Act.

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<DIV align="left"><A NAME="001"></A></DIV>

<P align="center" style="font-size: 10pt"><B>PART II</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>


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<P align="left" style="font-size: 10pt"><U>Item&nbsp;3</U>. <U>Incorporation of Documents by Reference</U>.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registration Statement on Form S-8 (Reg. No.&nbsp;333-41060) filed with the Commission by the
Registrant on July&nbsp;10, 2000 (the &#147;Prior Registration Statement&#148;) is incorporated herein by
reference. This Registration Statement relates to securities of the same class as those to which
the Prior Registration Statement relates.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition to the documents incorporated by reference to the Prior Registration Statement,
the following documents filed or to be filed by the Registrant with the Commission are incorporated
herein by reference, except to the extent that any statement or information therein is
modified, superseded or replaced by a statement or information contained in any subsequently filed
document incorporated by reference:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;The Registrant&#146;s Annual Report on Form 10-K for the year ended December&nbsp;25, 2004;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;All other reports filed pursuant to Section 13(a) or 15(d) of the Securities and Exchange
Act of 1934, as amended (the &#147;Exchange Act&#148;), since the end of the fiscal year covered by the
Registrant&#146;s Annual Report on Form 10-K referred to in (i)&nbsp;above; and


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;The description of the Rights contained in the Registrant&#146;s Registration Statement on
Form 8-A, filed with the Commission on September&nbsp;6, 1996, as revised by an amendment thereto filed
with the Commission on November&nbsp;25, 2003, including any other amendment or report filed for the
purpose of updating such description.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain Current Reports on Form 8-K dated both prior to and after the date of this
Registration Statement are or will be furnished to the Commission but shall not be deemed &#147;filed&#148;
with the Commission


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 10pt">and will not be incorporated by reference into this Registration Statement. However, all other
documents and reports filed by the Registrant pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of
the Securities Exchange Act of 1934 (the &#147;Exchange Act&#148;) after the date of this Registration
Statement and prior to the filing of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all securities then remaining unsold, shall be deemed
to be incorporated by reference in this Registration Statement and to be a part hereof from the
date of filing of such documents.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained in this Registration Statement, or in a document incorporated or
deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for
purposes of this Registration Statement, to the extent that a statement contained herein or in any
other subsequently filed document which is deemed to be incorporated by reference herein modifies
or supersedes such statement. Any such statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration Statement. Subject
to the foregoing, all information appearing in this Registration Statement is so qualified in its
entirety by the information appearing in the documents incorporated by reference.

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<DIV align="left"><A NAME="003"></A></DIV>

<P align="left" style="font-size: 10pt"><U>Item&nbsp;4</U>. <U>Description of Securities</U>.



<P align="left" style="font-size: 10pt"><B>Description of Common Stock</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following statements describing the Registrant&#146;s Common Stock are not intended to be a
complete description. For additional information, please see the Registrant&#146;s Restated Certificate
of Incorporation, its Amended and Restated Bylaws and the Rights Agreement dated as of September&nbsp;4,
1996, as amended and restated as of November&nbsp;25, 2003, between the Registrant. and Mellon Investor
Services, L.L.C., as Rights Agent, which set forth the terms of the Common Stock and the Rights (as
described below) relating thereto. Each of these documents has been previously filed with the
Commission. Reference is also made to the laws of the State of Delaware.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Capital Stock</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s authorized capital stock consists of 800,000,000 shares of Common Stock and
1,000,000 shares of $0.01 par value preferred stock. As of March&nbsp;23, 2005, none of the
Registrant&#146;s authorized shares of preferred stock were issued or outstanding. See &#147;Description of
Common Stock&#151;Stockholder Rights Plan&#148; below.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Common Stock</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of March&nbsp;10, 2005, the Registrant had a total of 313,351,431 shares of Common Stock issued
and outstanding and held by approximately 3,629 holders of record. As of such date, approximately
24,189,289 shares of Common Stock were reserved for issuance upon the exercise of outstanding stock
options and 3,526,050 shares of Common Stock were reserved for issuance in connection with other
employee share-based compensation programs.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The holders of Common Stock are entitled to one vote for each share on all matters submitted
to a vote of stockholders and do not have cumulative voting rights in the election of directors.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The holders of Common Stock are entitled to receive ratably such dividends, if any, as may be
declared by the Board of Directors out of legally available funds.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon liquidation, dissolution or winding up of the Registrant, the holders of Common Stock are
entitled to share ratably in all assets of the Registrant that are legally available for
distribution, after


<P align="center" style="font-size: 10pt">2
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 10pt">payment of all debts and other liabilities and subject to the prior rights of any holders of any
preferred stock then outstanding.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Common Stock has no preemptive, subscription or conversion rights, and there are no
redemption or sinking fund provisions applicable thereto.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The outstanding shares of Common Stock are, and when issued the shares offered hereby will be,
fully paid and non-assessable.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The rights, preferences and privileges of holders of Common Stock are subject to any series of
preferred stock that the Registrant may issue in the future. The Board of Directors of the
Registrant is authorized, subject to the limitations prescribed by law and certain provisions of
the Registrant&#146;s Restated Certificate of Incorporation, to provide for the issuance of shares of
the Registrant&#146;s authorized preferred stock in one or more series, to establish from time to time
the number of shares to be included in each such series and to fix the designations, voting powers,
preferences, rights and qualifications, limitations or restrictions of the shares of the preferred
stock of each such series.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All outstanding shares of Common Stock are listed on the New York Stock Exchange and the
Common Stock trades on such exchange under the symbol &#147;ODP.&#148;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registrar and transfer agent for the Common Stock is Mellon Investor Services LLC,
Overpeck Center, 85 Challenger Road, Ridgefield Park, NJ 07660.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Stockholder Rights Plan</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s stockholder rights plan (&#147;the Plan&#148;) was adopted by its Board of Directors on
September&nbsp;3, 1996 and amended on October&nbsp;23, 2003. The Plan has certain anti-takeover provisions
that may cause substantial dilution to a person or group that attempts to acquire the Registrant on
terms not approved by its Board of Directors. Under the Plan, each holder of shares of Common Stock
is issued one preferred share purchase right (a &#147;Right&#148;) to acquire one one-thousandth of a share
of Junior Participating Preferred Stock, Series&nbsp;A at an exercise price of $95.00, subject to
adjustment, for each outstanding share of Common Stock they own. These Rights are only exercisable
if a single person or company acquires 20% or more of the outstanding Common Stock or if an
announced tender or exchange offer would result in 20% or more of the Common Stock being acquired.
If the Registrant were acquired, each Right, except those of the acquirer, shall have the right to
receive the number of shares of Common Stock in the Registrant having a then-current market value
of twice the exercise price of the Right.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, if the Registrant becomes involved in a merger or other business combination
where (1)&nbsp;the Registrant is not the surviving company, (2)&nbsp;the Common Stock is changed or
exchanged, or (3)&nbsp;50% or more of the Registrant&#146;s assets or earning power are sold, then each
Right, except those of the acquirer, will be exercisable for common stock of the acquiring
corporation having a market value of twice the exercise price of the Right. In addition, the Board
of Directors has the option of exchanging all or part of the Rights for an equal number of shares
of Common Stock.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant may redeem the Rights for $0.01 per Right at any time prior to an acquisition.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In response to a shareholder vote at the Registrant&#146;s 2003 Annual Meeting, the Registrant&#146;s
Board of Directors adopted certain amendments to the Plan, which became effective on November&nbsp;25,
2003. Under the terms of this amendment, in the event of a cash or marketable securities offer for
all of the Common Stock, and if requested to do so by the holders of at least 10% of the
Registrant&#146;s issued and outstanding stock, the Board of Directors shall either call a special
stockholder meeting within 60&nbsp;days to


<P align="center" style="font-size: 10pt">3
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 10pt">allow a vote on a resolution to redeem the Rights or the Rights automatically will be redeemed.
There are also certain other conditions on what constitutes a &#147;Qualifying Offer&#148; and with respect
these conditions and other terms of the Plan reference is made to the Registrant&#146;s report on Form
8-K and amendment on Form&nbsp;8-A/A filed with the Commission on November&nbsp;25, 2003.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Rights will expire on September&nbsp;16, 2006, unless earlier redeemed or exchanged.

<!-- link2 "Item&nbsp;5. Interests of Named Experts and Counsel" -->
<DIV align="left"><A NAME="004"></A></DIV>

<P align="left" style="font-size: 10pt"><U>Item&nbsp;5</U>. <U>Interests of Named Experts and Counsel</U>.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The validity of the shares of Common Stock and related Rights to be offered hereby will be
passed upon for the Registrant by David C. Fannin, Executive Vice President, General Counsel &#038;
Corporate Secretary of the Registrant.

<!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers" -->
<DIV align="left"><A NAME="005"></A></DIV>

<P align="left" style="font-size: 10pt"><U>Item&nbsp;6</U>. <U>Indemnification of Directors and Officers</U>.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Section&nbsp;145 of the Delaware General Corporation Law, each director and officer of the
Registrant may be indemnified by the registrant against expenses (including attorney&#146;s fees,
judgments, fines and amounts paid in settlement) actually or reasonably incurred in connection with
the defense or settlement of any threatened, pending or completed legal proceedings in which he or
she is involved by reason of the fact that he or she is or was a director or officer of the
Registrant if such director or officer acted in good faith and in a manner that he or she
reasonably believed to be in or not opposed to the best interest of the Registrant and, with
respect to any criminal action or proceeding, if he or she had no reasonable cause to believe that
his or her conduct was unlawful. If the legal proceeding, however, is by or in the right of the
Registrant, the director or officer may not be indemnified in respect of any claim, issue or matter
as to which he shall have been adjudged to be liable for negligence or misconduct in the
performance of his duty to the registrant unless a court determines otherwise.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Amended and Restated By-laws of the Registrant provide for indemnification of the
Registrant&#146;s directors and officers, to the fullest extent permitted by Delaware law, for expenses
(including reasonable amounts paid in settlement) incurred in defending actions brought against
them arising out of the performance of their duties.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s Restated Certificate of Incorporation, as amended, contains a provision that
eliminates, to the fullest extent permitted by Delaware law, the personal liability of each
director of the Registrant to the Registrant and its stockholders for monetary damages for certain
breaches of fiduciary duty. This provision does not affect the director&#146;s liability for monetary
damages for breaches of the duty of loyalty, actions or omissions not in good faith, knowing
violation of law or intentional misconduct, willful or negligent conduct in approving an unlawful
dividend, stock repurchase or redemption or obtaining any improper personal benefit.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant has obtained liability insurance policies under which the Registrant&#146;s
directors and officers are insured, within the limits and subject to the limitations of the
policies, against certain expenses in connection with the defense of certain actions, suits or
proceedings, and certain liabilities which might be imposed as a result of certain actions, suits
or proceedings, arising out of the performance of their duties.

<!-- link2 " Item&nbsp;7. Exemption from Registration Claimed" -->
<DIV align="left"><A NAME="006"></A></DIV>

<P align="left" style="font-size: 10pt"><U>Item&nbsp;7</U>. <U> Exemption from Registration Claimed</U>.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.


<P align="center" style="font-size: 10pt">4
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link2 " Item&nbsp;8. Exhibits" -->
<DIV align="left"><A NAME="007"></A></DIV>

<P align="left" style="font-size: 10pt"><U>Item&nbsp;8</U>. <U>Exhibits</U>.



<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.1&nbsp;&nbsp;</TD>
    <TD>Restated Certificate of Incorporation (incorporated by
reference from the respective exhibit to the Proxy Statement for the
Registrant&#146;s 1995 Annual Meeting of Stockholders, filed with the Commission on
April&nbsp;20, 1995).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.2&nbsp;&nbsp;</TD>
    <TD>Amended and Restated Bylaws (incorporated by reference from the
Registrant&#146;s Quarterly Report on Form 10-Q, filed with the Commission on
November&nbsp;2, 2001).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">4.3&nbsp;&nbsp;</TD>
    <TD>Rights Agreement dated as of September&nbsp;4, 1996, as amended and
restated as of November&nbsp;25, 2003, between the Registrant. and Mellon Investor
Services, L.L.C., as Rights Agent, which includes as Exhibit&nbsp;B thereto the form
the Right Certificate (incorporated by reference from the Registrant&#146;s
Current Report on Form 8-K, filed with the Commission on November&nbsp;23, 2003).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

<TD width="6%" align="right" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">*5.1&nbsp;&nbsp;</TD>
    <TD>Opinion of David C. Fannin, Executive Vice President, General
Counsel &#038; Corporate Secretary of the Registrant.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

<TD width="6%" align="right" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">*23.1&nbsp;&nbsp;</TD>
    <TD>Consent of Deloitte &#038; Touche LLP.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

<TD width="6%" align="right" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">*23.2&nbsp;&nbsp;</TD>
    <TD>Consent of David C. Fannin, Executive Vice President, General
Counsel &#038; Corporate Secretary of the Registrant (included in Exhibit&nbsp;5.1 to
this Registration Statement).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

<TD width="6%" align="right" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">*24&nbsp;&nbsp;</TD>
    <TD>Power of Attorney (included on signature pages of this
Registration Statement).</TD>
</TR>

</TABLE>

<P>

<HR size="1" width="18%" align="left" noshade color="#000000">
<DIV align="left" style="font-size: 10pt">* Filed herewith.
</DIV>

<!-- link2 "Item&nbsp;9. Undertakings" -->
<DIV align="left"><A NAME="008"></A></DIV>

<P align="left" style="font-size: 10pt"><U>Item&nbsp;9</U>. <U>Undertakings</U>.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned Registrant hereby undertakes:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:




<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section&nbsp;10(a)(3) of
the Securities Act;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising
after the effective date of the Registration Statement (or the most
recent post-effective amendment thereof) which, individually or in
the aggregate, represent a fundamental change in the information set
forth in the Registration Statement; and



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the
plan of distribution not previously disclosed in the Registration
Statement or any material change to such information in the
Registration Statement,


<P align="left" style="font-size: 10pt">provided, however, that the Registrant need not file a post-effective amendment to include the
information required to be included by subsection (i)&nbsp;or (ii)&nbsp;if the Registration Statement is on
Form&nbsp;S-8 or Form&nbsp;S-3,




<P align="center" style="font-size: 10pt">5
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<P align="left" style="font-size: 10pt">and the information required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant
to Section&nbsp;13 or Section&nbsp;15(d) of the Exchange Act that are incorporated by reference in the
Registration Statement.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Registrant&#146;s Annual Report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan&#146;s annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the Registration Statement shall be deemed to be a new registration
statement relating to the securities offered herein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
provisions described under Item&nbsp;6 above, or otherwise, the Registrant has been advised that in the
opinion of the Commission such indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses incurred or paid by
a director, officer or controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.


<P align="center" style="font-size: 10pt">6
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="center" style="font-size: 10pt"><B>POWER OF ATTORNEY</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each director and/or officer of the Registrant whose signature appears below hereby appoints
the agent for service named in this Registration Statement as his attorney-in-fact to sign in his
name and behalf, in any and all capacities stated below and to file with the Commission any and all
amendments, including post-effective amendments, to this Registration Statement, and the Registrant
hereby also appoints such agent for service as its attorney-in-fact with like authority to sign and
file any such amendments in its name and behalf.

<!-- link1 " SIGNATURES" -->
<DIV align="left"><A NAME="009"></A></DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>The Registrant. </B>Pursuant to the requirements of the Securities Act, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Delray Beach, State of Florida on the 23&nbsp;day of March,
2005.


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>OFFICE DEPOT, INC.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/  Steve Odland
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Steve Odland&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chief Executive Officer and<BR>
Chairman of the Board of Directors&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, this Registration Statement has been
signed by the following persons in the capacities and on the dates indicated.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="25%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Signature</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Title</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Date</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Steve Odland</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
Steve Odland
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chief Executive Officer
(Principal Executive Officer)
Chairman of the Board of Directors
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Charles E. Brown</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
Charles E. Brown
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Executive Vice President, Finance
and Chief Financial Officer
(Principal Financial Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ James A. Walker</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
James A. Walker
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Senior Vice President, Finance
and Controller
(Principal Accounting Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Lee A. Ault, III
<HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Lee A. Ault, III
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Neil R. Austrian</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Neil R. Austrian
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="25%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Signature</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Title</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Date</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ David W. Bernauer</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">David W. Bernauer
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Abelardo (Al) E. Bru</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Abelardo (Al) E. Bru
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ David I. Fuente</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">David I. Fuente
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Brenda J. Gaines
<HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Brenda J. Gaines
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Myra M. Hart
<HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Myra M. Hart
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ W. Scott Hedrick
<HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">W. Scott Hedrick
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ James L. Heskett
<HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">James L. Heskett
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Patricia A. McKay
<HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Patricia A. McKay
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Michael J. Myers
<HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Michael J. Myers
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">March&nbsp;23, 2005</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- link1 " EXHIBIT INDEX" -->
<DIV align="left"><A NAME="010"></A></DIV>

<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>No.</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Certificate of Incorporation (incorporated by reference from the respective
exhibit to the Proxy Statement for the Registrant&#146;s 1995 Annual Meeting of Stockholders,
filed with the Commission on April&nbsp;20, 1995).</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Bylaws (incorporated by reference from the Registrant&#146;s Quarterly
Report on Form&nbsp;10-Q, filed with the Commission on November&nbsp;2, 2001).</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Rights Agreement dated as of September&nbsp;4, 1996, as amended and restated as of November&nbsp;25,
2003, between the Registrant. and Mellon Investor Services, L.L.C., as Rights Agent, which
includes as Exhibit&nbsp;B thereto the form of the Right Certificate (incorporated by reference
from the Registrant&#146;s Current Report on Form&nbsp;8-K, filed with the Commission on November&nbsp;23,
2003).</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">*5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of David C. Fannin, Executive Vice President, General Counsel &#038; Corporate Secretary
of the Registrant.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">*23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Deloitte &#038; Touche LLP.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">*23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of David C. Fannin, Executive Vice President, General Counsel &#038; Corporate
Secretary of the Registrant (included in Exhibit&nbsp;5.1 to this Registration Statement).</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">*24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included on signature pages of this Registration Statement).</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P>
<HR size="1" width="18%" align="left" noshade color="#000000">

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top">
    <TD width="2%" nowrap align="left">*</TD>
    <TD width="98%">Filed herewith.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

</BODY>
</HTML>
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Office Depot, Inc.
Table of Contents
As filed with the Securities and Exchange Commission on March 23, 2005
Registration Statement No. 333-[____________]
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
OFFICE DEPOT, INC.
(Exact name of registrant as specified in its charter)
Delaware
59-2663954
(State or other jurisdiction of
(I.R.S. Employer
incorporation or organization)
Identification No.)
2200 Old Germantown Road
Delray Beach, Florida 33445
(Address of Principal Executive Office) (Zip Code)
Office Depot, Inc. Long-Term Equity Incentive Plan
(Full title of the plans)
David C. Fannin
Executive Vice President,
General Counsel & Secretary
2200 Old Germantown Road
Delray Beach, Florida 33445
(561) 438-4800
(Name and address of agent for service)
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
Title of Each
Amount
Maximum
Maximum
Amount of
Class of Securities
to be
Offering Price
Aggregate
Registration
to be Registered
Registered
Per Share (1)
Offering Price (1)
Fee
Common Stock, $0.01
par value
15,000,000
(2)
$
22.28
$
334,200,000
$
39,335.34
(4)
Preferred Share
Purchase Rights
15,000,000
(3)
N/A
N/A
(1)
Estimated in accordance with Rule 457(h) and 457(c) under the Securities Act of 1933, as
amended (the "Securities Act"), solely for the purpose of calculating the total registration
fee. The price per share and aggregate offering price are based upon the average of the high
and low prices of the Registrant's common stock as reported on the New York Stock Exchange
Composite Tape on March 17, 2005.
(2)
This Registration Statement also relates (a) pursuant to Rule 416(a) under the Securities
Act, to such indeterminate number of additional shares of the Registrant's common stock as may
be issuable as a result of stock splits, stock dividends, or other similar events and (b)
pursuant to Rule 416(c) under the Securities Act, to such indeterminate number of interests
related to the Registrant's common stock as may be issuable under its long-term equity
incentive plan, all of which are generally nontransferable and may be considered derivative
securities, including stock options and any restricted stock units or stock equivalents.
(3)
The Preferred Share Purchase Rights (the "Rights") are attached to and will trade with the
Common Stock. The value attributable to the Rights, if any, is reflected in the market price
of the Common Stock.
(4)
Calculated pursuant to Section 6(b) of the Securities Act of 1933 by multiplying 0.0001177 by
the proposed maximum aggregate offering price. Since no separate consideration is paid for
the Rights, the registration fee for such securities is included in the registration fee for
the Common Stock.
This Registration Statement shall become effective upon filing with the Securities and Exchange
Commission (the "Commission") in accordance with Section 8(a) of the Securities Act, and Rules 456
and 462 promulgated thereunder.
TABLE OF CONTENTS
PART I
PART II
Item 3.Incorporation of Documents by Reference
Item 4. Description of Securities
Item 5. Interests of Named Experts and Counsel
Item 6. Indemnification of Directors and Officers
Item 7. Exemption from Registration Claimed
Item 8. Exhibits
Item 9. Undertakings
SIGNATURES
EXHIBIT INDEX
Opinion of David C. Fannin
Consent of Deloitte & Touche LLP
Table of Contents
EXPLANATORY STATEMENT
This Registration Statement on Form S-8 is filed by Office Depot, Inc., a Delaware corporation
(the "Registrant"), and relates to an aggregate of 15,000,000 additional shares of the Registrant's
common stock, par value $0.01 per share (the "Common Stock"), and the related Rights, that are
being registered hereunder for offering and issuance pursuant to the Office Depot, Inc. Long-Term
Equity Incentive Plan (the "Plan"). The additional shares are being registered pursuant to an
increase in the number of shares authorized for issuance under the Plan that was approved by the
Registrant's stockholders at its annual meeting held on May 14, 2004.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing the information specified in this Part I of Form S-8 will be sent or
given to participants as specified by Rule 428(b)(1) promulgated under the Securities Act. Such
documents need not be filed with the Commission either as part of this Registration Statement or as
prospectuses or prospectus supplements pursuant to Rule 424. These documents and the documents
incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of this Form
S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the
Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3
.
Incorporation of Documents by Reference
.
The Registration Statement on Form S-8 (Reg. No. 333-41060) filed with the Commission by the
Registrant on July 10, 2000 (the "Prior Registration Statement") is incorporated herein by
reference. This Registration Statement relates to securities of the same class as those to which
the Prior Registration Statement relates.
In addition to the documents incorporated by reference to the Prior Registration Statement,
the following documents filed or to be filed by the Registrant with the Commission are incorporated
herein by reference, except to the extent that any statement or information therein is
modified, superseded or replaced by a statement or information contained in any subsequently filed
document incorporated by reference:
(i) The Registrant's Annual Report on Form 10-K for the year ended December 25, 2004;
(ii) All other reports filed pursuant to Section 13(a) or 15(d) of the Securities and Exchange
Act of 1934, as amended (the "Exchange Act"), since the end of the fiscal year covered by the
Registrant's Annual Report on Form 10-K referred to in (i) above; and
(iii) The description of the Rights contained in the Registrant's Registration Statement on
Form 8-A, filed with the Commission on September 6, 1996, as revised by an amendment thereto filed
with the Commission on November 25, 2003, including any other amendment or report filed for the
purpose of updating such description.
Certain Current Reports on Form 8-K dated both prior to and after the date of this
Registration Statement are or will be furnished to the Commission but shall not be deemed "filed"
with the Commission
Table of Contents
and will not be incorporated by reference into this Registration Statement. However, all other
documents and reports filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of
the Securities Exchange Act of 1934 (the "Exchange Act") after the date of this Registration
Statement and prior to the filing of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all securities then remaining unsold, shall be deemed
to be incorporated by reference in this Registration Statement and to be a part hereof from the
date of filing of such documents.
Any statement contained in this Registration Statement, or in a document incorporated or
deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for
purposes of this Registration Statement, to the extent that a statement contained herein or in any
other subsequently filed document which is deemed to be incorporated by reference herein modifies
or supersedes such statement. Any such statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration Statement. Subject
to the foregoing, all information appearing in this Registration Statement is so qualified in its
entirety by the information appearing in the documents incorporated by reference.
Item 4
.
Description of Securities
.
Description of Common Stock
The following statements describing the Registrant's Common Stock are not intended to be a
complete description. For additional information, please see the Registrant's Restated Certificate
of Incorporation, its Amended and Restated Bylaws and the Rights Agreement dated as of September 4,
1996, as amended and restated as of November 25, 2003, between the Registrant. and Mellon Investor
Services, L.L.C., as Rights Agent, which set forth the terms of the Common Stock and the Rights (as
described below) relating thereto. Each of these documents has been previously filed with the
Commission. Reference is also made to the laws of the State of Delaware.
Capital Stock
The Registrant's authorized capital stock consists of 800,000,000 shares of Common Stock and
1,000,000 shares of $0.01 par value preferred stock. As of March 23, 2005, none of the
Registrant's authorized shares of preferred stock were issued or outstanding. See "Description of
Common Stock—Stockholder Rights Plan" below.
Common Stock
As of March 10, 2005, the Registrant had a total of 313,351,431 shares of Common Stock issued
and outstanding and held by approximately 3,629 holders of record. As of such date, approximately
24,189,289 shares of Common Stock were reserved for issuance upon the exercise of outstanding stock
options and 3,526,050 shares of Common Stock were reserved for issuance in connection with other
employee share-based compensation programs.
The holders of Common Stock are entitled to one vote for each share on all matters submitted
to a vote of stockholders and do not have cumulative voting rights in the election of directors.
The holders of Common Stock are entitled to receive ratably such dividends, if any, as may be
declared by the Board of Directors out of legally available funds.
Upon liquidation, dissolution or winding up of the Registrant, the holders of Common Stock are
entitled to share ratably in all assets of the Registrant that are legally available for
distribution, after
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payment of all debts and other liabilities and subject to the prior rights of any holders of any
preferred stock then outstanding.
The Common Stock has no preemptive, subscription or conversion rights, and there are no
redemption or sinking fund provisions applicable thereto.
The outstanding shares of Common Stock are, and when issued the shares offered hereby will be,
fully paid and non-assessable.
The rights, preferences and privileges of holders of Common Stock are subject to any series of
preferred stock that the Registrant may issue in the future. The Board of Directors of the
Registrant is authorized, subject to the limitations prescribed by law and certain provisions of
the Registrant's Restated Certificate of Incorporation, to provide for the issuance of shares of
the Registrant's authorized preferred stock in one or more series, to establish from time to time
the number of shares to be included in each such series and to fix the designations, voting powers,
preferences, rights and qualifications, limitations or restrictions of the shares of the preferred
stock of each such series.
All outstanding shares of Common Stock are listed on the New York Stock Exchange and the
Common Stock trades on such exchange under the symbol "ODP."
The registrar and transfer agent for the Common Stock is Mellon Investor Services LLC,
Overpeck Center, 85 Challenger Road, Ridgefield Park, NJ 07660.
Stockholder Rights Plan
The Registrant's stockholder rights plan ("the Plan") was adopted by its Board of Directors on
September 3, 1996 and amended on October 23, 2003. The Plan has certain anti-takeover provisions
that may cause substantial dilution to a person or group that attempts to acquire the Registrant on
terms not approved by its Board of Directors. Under the Plan, each holder of shares of Common Stock
is issued one preferred share purchase right (a "Right") to acquire one one-thousandth of a share
of Junior Participating Preferred Stock, Series A at an exercise price of $95.00, subject to
adjustment, for each outstanding share of Common Stock they own. These Rights are only exercisable
if a single person or company acquires 20% or more of the outstanding Common Stock or if an
announced tender or exchange offer would result in 20% or more of the Common Stock being acquired.
If the Registrant were acquired, each Right, except those of the acquirer, shall have the right to
receive the number of shares of Common Stock in the Registrant having a then-current market value
of twice the exercise price of the Right.
In addition, if the Registrant becomes involved in a merger or other business combination
where (1) the Registrant is not the surviving company, (2) the Common Stock is changed or
exchanged, or (3) 50% or more of the Registrant's assets or earning power are sold, then each
Right, except those of the acquirer, will be exercisable for common stock of the acquiring
corporation having a market value of twice the exercise price of the Right. In addition, the Board
of Directors has the option of exchanging all or part of the Rights for an equal number of shares
of Common Stock.
The Registrant may redeem the Rights for $0.01 per Right at any time prior to an acquisition.
In response to a shareholder vote at the Registrant's 2003 Annual Meeting, the Registrant's
Board of Directors adopted certain amendments to the Plan, which became effective on November 25,
2003. Under the terms of this amendment, in the event of a cash or marketable securities offer for
all of the Common Stock, and if requested to do so by the holders of at least 10% of the
Registrant's issued and outstanding stock, the Board of Directors shall either call a special
stockholder meeting within 60 days to
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allow a vote on a resolution to redeem the Rights or the Rights automatically will be redeemed.
There are also certain other conditions on what constitutes a "Qualifying Offer" and with respect
these conditions and other terms of the Plan reference is made to the Registrant's report on Form
8-K and amendment on Form 8-A/A filed with the Commission on November 25, 2003.
The Rights will expire on September 16, 2006, unless earlier redeemed or exchanged.
Item 5
.
Interests of Named Experts and Counsel
.
The validity of the shares of Common Stock and related Rights to be offered hereby will be
passed upon for the Registrant by David C. Fannin, Executive Vice President, General Counsel &
Corporate Secretary of the Registrant.
Item 6
.
Indemnification of Directors and Officers
.
Under Section 145 of the Delaware General Corporation Law, each director and officer of the
Registrant may be indemnified by the registrant against expenses (including attorney's fees,
judgments, fines and amounts paid in settlement) actually or reasonably incurred in connection with
the defense or settlement of any threatened, pending or completed legal proceedings in which he or
she is involved by reason of the fact that he or she is or was a director or officer of the
Registrant if such director or officer acted in good faith and in a manner that he or she
reasonably believed to be in or not opposed to the best interest of the Registrant and, with
respect to any criminal action or proceeding, if he or she had no reasonable cause to believe that
his or her conduct was unlawful. If the legal proceeding, however, is by or in the right of the
Registrant, the director or officer may not be indemnified in respect of any claim, issue or matter
as to which he shall have been adjudged to be liable for negligence or misconduct in the
performance of his duty to the registrant unless a court determines otherwise.
The Amended and Restated By-laws of the Registrant provide for indemnification of the
Registrant's directors and officers, to the fullest extent permitted by Delaware law, for expenses
(including reasonable amounts paid in settlement) incurred in defending actions brought against
them arising out of the performance of their duties.
The Registrant's Restated Certificate of Incorporation, as amended, contains a provision that
eliminates, to the fullest extent permitted by Delaware law, the personal liability of each
director of the Registrant to the Registrant and its stockholders for monetary damages for certain
breaches of fiduciary duty. This provision does not affect the director's liability for monetary
damages for breaches of the duty of loyalty, actions or omissions not in good faith, knowing
violation of law or intentional misconduct, willful or negligent conduct in approving an unlawful
dividend, stock repurchase or redemption or obtaining any improper personal benefit.
The Registrant has obtained liability insurance policies under which the Registrant's
directors and officers are insured, within the limits and subject to the limitations of the
policies, against certain expenses in connection with the defense of certain actions, suits or
proceedings, and certain liabilities which might be imposed as a result of certain actions, suits
or proceedings, arising out of the performance of their duties.
Item 7
.
Exemption from Registration Claimed
.
Not applicable.
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Item 8
.
Exhibits
.
4.1
Restated Certificate of Incorporation (incorporated by
reference from the respective exhibit to the Proxy Statement for the
Registrant's 1995 Annual Meeting of Stockholders, filed with the Commission on
April 20, 1995).
4.2
Amended and Restated Bylaws (incorporated by reference from the
Registrant's Quarterly Report on Form 10-Q, filed with the Commission on
November 2, 2001).
4.3
Rights Agreement dated as of September 4, 1996, as amended and
restated as of November 25, 2003, between the Registrant. and Mellon Investor
Services, L.L.C., as Rights Agent, which includes as Exhibit B thereto the form
the Right Certificate (incorporated by reference from the Registrant's
Current Report on Form 8-K, filed with the Commission on November 23, 2003).
*5.1
Opinion of David C. Fannin, Executive Vice President, General
Counsel & Corporate Secretary of the Registrant.
*23.1
Consent of Deloitte & Touche LLP.
*23.2
Consent of David C. Fannin, Executive Vice President, General
Counsel & Corporate Secretary of the Registrant (included in Exhibit 5.1 to
this Registration Statement).
*24
Power of Attorney (included on signature pages of this
Registration Statement).
* Filed herewith.
Item 9
.
Undertakings
.
(a) The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of
the Securities Act;
(ii) To reflect in the prospectus any facts or events arising
after the effective date of the Registration Statement (or the most
recent post-effective amendment thereof) which, individually or in
the aggregate, represent a fundamental change in the information set
forth in the Registration Statement; and
(iii) To include any material information with respect to the
plan of distribution not previously disclosed in the Registration
Statement or any material change to such information in the
Registration Statement,
provided, however, that the Registrant need not file a post-effective amendment to include the
information required to be included by subsection (i) or (ii) if the Registration Statement is on
Form S-8 or Form S-3,
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and the information required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant
to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the
Registration Statement.
(2) That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(b) The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Registrant's Annual Report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the Registration Statement shall be deemed to be a new registration
statement relating to the securities offered herein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
provisions described under Item 6 above, or otherwise, the Registrant has been advised that in the
opinion of the Commission such indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses incurred or paid by
a director, officer or controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.
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POWER OF ATTORNEY
Each director and/or officer of the Registrant whose signature appears below hereby appoints
the agent for service named in this Registration Statement as his attorney-in-fact to sign in his
name and behalf, in any and all capacities stated below and to file with the Commission any and all
amendments, including post-effective amendments, to this Registration Statement, and the Registrant
hereby also appoints such agent for service as its attorney-in-fact with like authority to sign and
file any such amendments in its name and behalf.
SIGNATURES
The Registrant.
Pursuant to the requirements of the Securities Act, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Delray Beach, State of Florida on the 23 day of March,
2005.
OFFICE DEPOT, INC.
By:
/s/  Steve Odland
Steve Odland
Chief Executive Officer and
Chairman of the Board of Directors
Pursuant to the requirements of the Securities Act, this Registration Statement has been
signed by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Steve Odland
Steve Odland
Chief Executive Officer
(Principal Executive Officer)
Chairman of the Board of Directors
March 23, 2005
/s/ Charles E. Brown
Charles E. Brown
Executive Vice President, Finance
and Chief Financial Officer
(Principal Financial Officer)
March 23, 2005
/s/ James A. Walker
James A. Walker
Senior Vice President, Finance
and Controller
(Principal Accounting Officer)
March 23, 2005
/s/ Lee A. Ault, III
Lee A. Ault, III
Director
March 23, 2005
/s/ Neil R. Austrian
Neil R. Austrian
Director
March 23, 2005
Table of Contents
Signature
Title
Date
/s/ David W. Bernauer
David W. Bernauer
Director
March 23, 2005
/s/ Abelardo (Al) E. Bru
Abelardo (Al) E. Bru
Director
March 23, 2005
/s/ David I. Fuente
David I. Fuente
Director
March 23, 2005
/s/ Brenda J. Gaines
Brenda J. Gaines
Director
March 23, 2005
/s/ Myra M. Hart
Myra M. Hart
Director
March 23, 2005
/s/ W. Scott Hedrick
W. Scott Hedrick
Director
March 23, 2005
/s/ James L. Heskett
James L. Heskett
Director
March 23, 2005
/s/ Patricia A. McKay
Patricia A. McKay
Director
March 23, 2005
/s/ Michael J. Myers
Michael J. Myers
Director
March 23, 2005
Table of Contents
EXHIBIT INDEX
Exhibit
No.
4.1
Restated Certificate of Incorporation (incorporated by reference from the respective
exhibit to the Proxy Statement for the Registrant's 1995 Annual Meeting of Stockholders,
filed with the Commission on April 20, 1995).
4.2
Amended and Restated Bylaws (incorporated by reference from the Registrant's Quarterly
Report on Form 10-Q, filed with the Commission on November 2, 2001).
4.3
Rights Agreement dated as of September 4, 1996, as amended and restated as of November 25,
2003, between the Registrant. and Mellon Investor Services, L.L.C., as Rights Agent, which
includes as Exhibit B thereto the form of the Right Certificate (incorporated by reference
from the Registrant's Current Report on Form 8-K, filed with the Commission on November 23,
2003).
*5.1
Opinion of David C. Fannin, Executive Vice President, General Counsel & Corporate Secretary
of the Registrant.
*23.1
Consent of Deloitte & Touche LLP.
*23.2
Consent of David C. Fannin, Executive Vice President, General Counsel & Corporate
Secretary of the Registrant (included in Exhibit 5.1 to this Registration Statement).
*24
Power of Attorney (included on signature pages of this Registration Statement).
*
Filed herewith.