Exhibit 10(b)

EXECUTION COPY

AMENDMENT NO. 11 TO TRANSFER AND ADMINISTRATION AGREEMENT

          AMENDMENT NO. 11 TO TRANSFER AND ADMINISTRATION AGREEMENT, dated as of
August 13, 2004 (this “Amendment”), to that certain Transfer and Administration
Agreement dated as of March 21, 2001, as amended by Amendment No. 1 to Transfer
and Administration Agreement dated as of November 30, 2001, Amendment No. 2 to
Transfer and Administration Agreement dated as of December 14, 2001, Amendment
No. 3 to Transfer and Administration Agreement dated as of March 20, 2002,
Amendment No. 4 to Transfer and Administration Agreement dated as of March 29,
2002, Amendment No. 5 to Transfer and Administration Agreement dated as of May
22, 2002, Amendment No. 6 and Limited Waiver to Transfer and Administration
Agreement dated as of September 27, 2002, Amendment No. 7 to Transfer and
Administration Agreement dated as of February 19, 2003, Amendment No. 8 to
Transfer and Administration Agreement dated as of April 14, 2003, Amendment No.
9 to Transfer and Administration Agreement dated as of August 13, 2003, and
Amendment No. 10 to Transfer and Administration Agreement dated as of February
18, 2004 (as so amended and in effect, the “TAA”), by and among Arrow
Electronics Funding Corporation, a Delaware corporation (the “SPV”), Arrow
Electronics, Inc., a New York corporation, individually (“Arrow”) and as the
initial Master Servicer, the several commercial paper conduits identified on
Schedule A to the TAA and their respective permitted successors and assigns (the
“Conduit Investors”; each individually, a “Conduit Investor”), the agent bank
set forth opposite the name of each Conduit Investor on such Schedule A and its
permitted successors and assigns (each a “Funding Agent”) with respect to such
Conduit Investor, and Bank of America, National Association, a national banking
association, as the administrative agent for the Investors (the “Administrative
Agent”), and the financial institutions from time to time parties thereto as
Alternate Investors. Capitalized terms used and not otherwise defined herein
have the meanings assigned to such terms in the TAA.

PRELIMINARY STATEMENTS:

          WHEREAS, the SPV, Arrow, the Conduit Investors, the Funding Agents,
the Alternate Investors and the Administrative Agent have entered into the TAA;

          WHEREAS, the SPV and Arrow have requested that the Conduit Investors,
the Funding Agents, the Alternate Investors and the Administrative Agent agree
to make certain changes and amendments to the TAA;

          WHEREAS, Old Line Funding, LLC and Bowand, LLC (“Bowand”) desire to
become Conduit Investors under the TAA and Royal Bank of Canada and Danske Bank
A/S, New York Branch desire to become Alternate Investors and Funding Agents
under the TAA;

          WHEREAS, Kitty Hawk Funding Corporation and Delaware Funding Company,
LLC have agreed to reduce their respective Conduit Funding Limits and Bank of
America and JPMorgan Chase Bank have agreed to reduce their respective Alternate
Investor Commitments;

 

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Exhibit 10(b)

          WHEREAS, subject to the terms and conditions set forth herein, the
Conduit Investors, the Alternate Investors, the Funding Agents and the
Administrative Agent are willing to make such changes and amendments to the TAA;
and

          NOW, THEREFORE, in consideration of the premises and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows:

          SECTION 1. Amendments to the TAA. Effective as of the date hereof and
subject to the satisfaction of the conditions precedent set forth in Section 3
hereof, the TAA is hereby amended as follows:

               Section 1.1. Section 1.1 is amended by amending and restating the
definition of “Multi-year Credit Agreement,” such definition to read in its
entirety as follows:

“Multi-year Credit Agreement” means the $450,000,000 Amended and Restated
Three-Year Credit Agreement, dated as of December 18, 2003, among Arrow, the
subsidiary borrowers parties thereto, the several banks and other financial
institutions from time to time parties thereto, Bank of America, N.A., The Bank
of Nova Scotia, BNP Paribas and Fleet National Bank, as Syndication Agents, and
JPMorgan Chase Bank, as Administrative Agent, as the same may from time to time
be amended, supplemented or otherwise modified, or, in the event that such
Amended and Restated Three Year Credit Agreement has expired, has terminated or
is otherwise no longer in effect, the “Multi-year Credit Agreement” shall mean
the then current replacement credit or loan facility among Arrow and the
lender(s) party thereto; provided, however, that if no such credit or loan
facility is then in effect, the Multi-year Credit Agreement shall mean the most
recent credit or loan facility as in effect immediately prior to its expiration,
or other termination.

               Section 1.2. As of the effective date of this Amendment, Royal
Bank of Canada, as Alternate Investor and Funding Agent, Old Line Funding, LLC,
as Conduit Investor, Danske Bank A/S, New York Branch, as Alternate Investor and
Funding Agent, and Bowand, LLC, as Conduit Investor (collectively, the “New TAA
Parties”), shall each be a party to the TAA and, to the extent provided in this
Amendment, have the rights and obligations of an Alternate Investor, Funding
Agent or Conduit Investor, as applicable, thereunder.

     Accordingly, each of the New TAA Parties (i) confirms that it has received
a copy of the TAA, the First Tier Agreement and each Originator Agreement
together with copies of the financial statements referred to in Section 6.1 of
the TAA, to the extent delivered through the date of this Amendment, and such
other documents and information as it has deemed appropriate to make its own
credit analysis and decision to enter into this Amendment; (ii) appoints and
authorizes the Administrative Agent and the Related Funding Agent to take such
action as Administrative Agent or the Related Funding Agent on its behalf and to
exercise such powers and discretion under the TAA and the other Transaction
Documents as are delegated to the Administrative Agent or the Related Funding
Agent by the terms thereof, together with such

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Exhibit 10(b)

powers and discretion as are reasonably incidental thereto; (iii) agrees that it
will perform in accordance with their terms all of the obligations which by the
terms of the TAA are required to be performed by it as an Alternate Investor or
Conduit Investor, as applicable; and (iv) specifies as its address for notices
and its account for payments the office and account set forth beneath its name
on the signature pages hereof; and (v) has pursuant to Section 9.3(e) of the
TAA, agreed to deliver the forms prescribed by the Internal Revenue Service of
the United States of America certifying as to the Assignee’s status for purposes
of determining exemption from United States withholding taxes with respect to
all payments to be made to the Assignee under the TAA or such other documents as
are necessary to indicate that all such payments are subject to such rates at a
rate reduced by an applicable tax treaty.

               Section 1.3. Schedule A to the TAA is deleted in its entirety and
is replaced with the schedule attached hereto as Annex I.

               Section 1.4. Schedule B to the TAA is deleted in its entirety and
is replaced with the schedule attached hereto as Annex II.

               Section 1.5. Schedule 11.3 to the TAA is deleted in its entirety
and is replaced with the schedule attached hereto as Annex III.

               Section 1.6. In addition to the foregoing and notwithstanding
anything to the contrary contained in the TAA, each of the parties hereto hereby
agree as follows:

     so long as Bowand is a Conduit Investor party to the TAA,

                    (i) Polonius Inc., a corporation organized under the laws of
the state of Delaware (“Polonius”), shall be deemed to be:

                         (1) a “Conduit Investor” for purposes of the definition
of “Commercial Paper”, Sections 2.4(b), 2.4(f), 11.11 and 11.12, and the
definitions of “CP Rate” and “Yield” in Section 2.4(d), of the TAA;

                         (2) a “Match Funding Conduit Investor” for purposes of
the definition of “Interest Component”, Sections 2.4(b) and 2.5, and the
definitions of “Alternate Rate”, “CP Rate” and“Rate Period” in Section 2.4(d),
of the TAA; and

                         (3) an “Investor” for purposes of Sections 2.3(b)(ii)
and 9.1 through 9.6 of the TAA; provided that no provision of this
Section 1.6(i) shall result in a duplicate obligation owing by the SPV to Bowand
and Polonius under Section 2.4 or 2.5 or Schedule I or IV of the TAA in respect
of Yield or Fees, determined as if Bowand and Polonius were one in the same
Conduit Investor (or Match Funding Conduit Investor, as applicable) for purposes
thereof.

                    (ii) Polonius agrees to be bound by, and to comply with, the
applicable provisions of Sections 2.4, 9.2, 9.3 and 11.4 of the TAA.

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Exhibit 10(b)

          SECTION 2. Representations and Warranties of the SPV and Arrow. To
induce the Conduit Investors, Alternate Investors, the Funding Agents and the
Administrative Agent to enter into this Amendment, the SPV and Arrow each makes
the following representations and warranties (which representations and
warranties shall survive the execution and delivery of this Amendment) as of the
date hereof, after giving effect to the amendments set forth herein:

               Section 2.1. Authority. The SPV and Arrow each has the requisite
corporate power, authority and legal right to execute and deliver this Amendment
and to perform its obligations hereunder and under the Transaction Documents,
including the TAA (as modified hereby). The execution, delivery and performance
by the SPV and Arrow of this Amendment and their performance of the Transaction
Documents, including the TAA (as modified hereby), have been duly approved by
all necessary corporate action and no other corporate proceedings are necessary
to consummate such transactions.

               Section 2.2. Enforceability. This Amendment has been duly
executed and delivered by the SPV and Arrow. This Amendment is the legal, valid
and binding obligation of the SPV and Arrow, enforceable against the SPV and
Arrow in accordance with its terms, subject to applicable bankruptcy,
insolvency, moratorium or other similar laws affecting the rights of creditors
generally and the application of general principles of equity (regardless of
whether considered in a proceeding at law or in equity). The making and delivery
of this Amendment and the performance of the Agreement, as amended by this
Amendment, do not violate any provision of law or any regulation (except to the
extent that the violation thereof could not, in the aggregate, be expected to
have a Material Adverse Effect or a material adverse effect on the condition
(financial or otherwise), business or properties of Arrow and the other
Originators, taken as a whole), or its charter or by-laws, or result in the
breach of or constitute a default under or require any consent under any
indenture or other agreement or instrument to which it is a party or by which it
or any of its properties may be bound or affected.

               Section 2.3. Representations and Warranties. The representations
and warranties contained in the Transaction Documents are true and correct on
and as of the date hereof as though made on and as of the date hereof after
giving effect to this Amendment.

               Section 2.4. No Termination Event. After giving effect to this
Amendment, no event has occurred and is continuing that constitutes a
Termination Event or a Potential Termination Event.

          SECTION 3. Conditions Precedent. This Amendment shall become
effective, as of the date hereof, on the date on which the following conditions
precedent shall have been fulfilled:

               Section 3.1. This Amendment. The Administrative Agent shall have
received counterparts of this Amendment, duly executed by each of the parties
hereto.

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Exhibit 10(b)

               Section 3.2. Additional Documents. The Administrative Agent shall
have received all additional approvals, certificates, documents, instruments and
items of information as the Administrative Agent may reasonably request and all
of the foregoing shall be in form and substance reasonably satisfactory to the
Administrative Agent and each Funding Agent.

               Section 3.3. Legal Matters. All instruments and legal and
corporate proceedings in connection with the transactions contemplated by this
Amendment shall be satisfactory in form and substance to the Administrative
Agent, the Administrative Agent’s counsel and each Funding Agent and the fees
and expenses of counsel to the Administrative Agent incurred in connection with
the execution of this Amendment and the transactions contemplated hereby shall
have been paid in full.

          SECTION 4. References to and Effect on the Transaction Documents.

               Section 4.1. Except as specifically amended and modified hereby,
each Transaction Document is and shall continue to be in full force and effect
and is hereby in all respects ratified and confirmed.

               Section 4.2. The execution, delivery and effectiveness of this
Amendment shall not operate as a waiver of any right, power or remedy of any
Investor, Funding Agent or the Administrative Agent under any Transaction
Document, nor constitute a waiver, amendment or modification of any provision of
any Transaction Document, except as expressly provided in Section 1 hereof.

               Section 4.3. This Amendment contains the final and complete
integration of all prior expressions by the parties hereto with respect to the
subject matter hereof and shall constitute the entire agreement among the
parties hereto with respect to the subject matter hereof superseding all prior
oral or written understandings.

               Section 4.4. Each reference in the TAA to “this Agreement”,
“hereunder”, “hereof” or words of like import, and each reference in any other
Transaction Document to “the Transfer and Administration Agreement”,
“thereunder”, “thereof” or words of like import, referring to the Agreement,
shall mean and be a reference to the Agreement as amended hereby.

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Exhibit 10(b)

          SECTION 5. Execution in Counterparts. This Amendment may be executed
in any number of counterparts and by different parties hereto in separate
counterparts, each of which when so executed and delivered shall be deemed to be
an original and all of which taken together shall constitute but one and the
same agreement. Delivery of an executed counterpart of a signature page to this
Amendment by telefacsimile shall be effective as delivery of a manually executed
counterpart of this Amendment.

          SECTION 6. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

          SECTION 7. WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY
WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER
SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG ANY OF THEM ARISING OUT OF,
CONNECTED WITH, RELATING TO OR INCIDENTAL TO THE RELATIONSHIP BETWEEN THEM IN
CONNECTION WITH THIS AMENDMENT OR ANY OTHER TRANSACTION DOCUMENT.

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          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be executed by their respective officers thereunto duly authorized, as of the
date first above written.

            Arrow Electronics Funding Corporation,
as SPV
      By:   /s/ Ira M. Birns        Name:   Ira M. Birns        Title:  
President   

            Arrow Electronics, Inc.,
individually and as Master Servicer
      By:   /s/ Ira M. Birns         Name:   Ira M. Birns        Title:   Vice
President and Treasurer   

            Kitty Hawk Funding Corporation,
as a Conduit Investor
      By:   /s/ Jill A. Gordon         Name:   Jill A. Gordon        Title:  
Vice President   

            Bank of America, National Association,
as a Funding Agent, as Administrative Agent, and as an
Alternate Investor
      By:   /s/ Charu Mani         Name:   Charu Mani        Title:   Vice
President   

 

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            Delaware Funding Company, LLC,
as a Conduit Investor

By: JPMorgan Chase Bank, its attorney-in-fact
      By:   /s/ Mark J. Connor         Name:   Mark J. Connor       Title:  
Vice President   

            JPMorgan Chase Bank,
(successor by merger to Morgan Guaranty Trust Company
of New York) as a Funding Agent and as an Alternate
Investor
      By:   /s/ Christopher Lew         Name:   Christopher Lew        Title:  
Assistant Vice President        Alpine Securitization Corp.,
as a Conduit Investor

By: Credit Suisse First Boston, New York Branch,
its attorney-in-fact  

            By:   /s/ Mark Lengel         Name:   Mark Lengel        Title:  
Director   

            By:   /s/ Joseph Soave         Name:   Joseph Soave        Title:  
Director   

            Credit Suisse First Boston, New York Branch
as a Funding Agent and as an Alternate Investor
      By:   /s/ Joseph Borg         Name:   Joseph Borg        Title:   Vice
President   

 

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            By:   /s/ Alberto Zonca         Name:   Alberto Zonca       
Title:   Vice President   

            Liberty Street Funding Corp.,
as a Conduit Investor
      By:   /s/ Bernard J. Angelo         Name:   Bernard J. Angelo       
Title:   Vice President   

            The Bank of Nova Scotia,
as a Funding Agent and as an Alternate Investor
      By:   /s/ Norman Last         Name:   Norman Last        Title:   Managing
Director   

            Gotham Funding Corporation,
as a Conduit Investor
      By:   /s/ R. Douglas Donaldson         Name:   R. Douglas Donaldson       
Title:   Treasurer   

            The Bank of Tokyo-Mitsubishi, Ltd., New York
Branch,
as a Funding Agent
      By:   /s/ A.K. Reddy         Name:   A.K. Reddy        Title:   Vice
President   

 

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            The Bank of Tokyo-Mitsubishi, Ltd., New York
Branch,
as an Alternate Investor
      By:   /s/ J. Terrence Dennehy         Name:   J. Terrence Dennehy       
Title:   Authorized Signatory   

            Bowand, LLC,
as a Conduit Investor
      By:   /s/ Bernard J. Angelo         Name:   Bernard J. Angelo       
Title:   President        Notice Delivered to:

Bowand, LLC
c/o Global Securitization Services, LLC
445 Broad Hollow Road
Melville, NY 11747
Ph: (631) 587-4700
Fax: (212) 302-8767  

            Danske Bank A/S, New York Branch,
as a Funding Agent and as an Alternate Investor
      By:   /s/ John A. O’Neill                                /s/ Peter L.
Hargraves     Name:   John A. O’Neill                               Peter L.
Hargraves     Title:   Assistant General Manager               Vice President  
  Notice Delivered to:

Danske Bank A/S, New York Branch
299 Park Avenue, 14th Floor
New York, New York 10171-1499
                     

 

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            Attention: Joe Brandariz
Telephone: 212/984-8430
Facsimile: 212/984-9570  

            Old Line Funding, LLC,
as a Conduit Investor  

            By:   /s/ Robert S. Jones         Name:   Robert S. Jones       
Title:   Authorized Signatory   

            Notice Delivered to:

OLD LINE FUNDING, LLC
c/o Global Securitization Services, LLC
445 Broad Hollow Road
Suite 239
Melville, NY 11747
Attention: Andrew L. Stidd, Managing Director
Tel. No.: (631) 930-7207
Facsimile No.: (212) 302-8767  

            Royal Bank of Canada
as a Funding Agent and as an Alternate Investor
      By:   /s/ Robert S. Jones         Name:   Robert S. Jones        Title:  
Authorized Signatory   

            By:   /s/ Steven F. Adams         Name:   Steven F. Adams       
Title:   Authorized Signatory   

            Notice Delivered to:

ROYAL BANK OF CANADA
One Liberty Plaza, 5th Floor
New York, NY 10006-1404
Attention: Managing Director, Global Securitization Group
Tel No.: (212) 428-6537
Facsimile No.: (212) 428-2304
   

 

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Agreed and Acknowledged to by :

            Polonius Inc.
as a commercial paper conduit
      By:   /s/ Bernard J. Angelo         Name:   Bernard J. Angelo       
    Title:  Vice President   

 

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ANNEX I

Schedule A

                              Conduit   Related       Alternate     Funding  
Alternate   Related Funding   Investor(s) Conduit Investor

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  Limit

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  Investor(s)

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  Agent

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  Commitment

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Kitty Hawk Funding
Corporation
  $ 82,280,000     Bank of America, National Association   Bank of America,
National Association   $ 82,280,000  
Delaware Funding
Company, LLC
  $ 82,280,000     JPMorgan Chase Bank (successor by merger to Morgan Guaranty
Trust Company)   JPMorgan Chase Bank (successor by merger to Morgan Guaranty
Trust Company)   $ 82,280,000  
Alpine Securitization Corp.
  $ 82,280,000     Credit Suisse First
Boston, New York
Branch   Credit Suisse First
Boston, New York
Branch   $ 82,280,000  
Liberty Street Funding Corp.
  $ 82,280,000     The Bank of Nova Scotia   The Bank of Nova Scotia   $
82,280,000  
Gotham Funding
Corporation
  $ 82,280,000     The Bank of Tokyo-Mitsubishi, Ltd., New York Branch   The
Bank of Tokyo-Mitsubishi, Ltd., New York Branch   $ 82,280,000  
Old Line Funding,
LLC
  $ 74,800,000     Royal Bank of Canada   Royal Bank of Canada   $ 74,800,000  
Bowand, LLC
  $ 74,800,000     Danske Bank A/S,
New York Branch   Danske Bank A/S,
New York Branch   $ 74,800,000  

 

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Annex II

SCHEDULE B

Match Funding Conduit Investors

Kitty Hawk Funding Corporation

Old Line Funding, LLC

Bowand, LLC

 

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Annex III

SCHEDULE 11.3

Address and Payment Information

If to the Conduit Investors:

(1)   Kitty Hawk Funding Corporation
Lord Securities
48 Wall Street
27th Floor
New York, New York 10005
Attention: Jill Gordon
Telephone: 212/346-9021
Facsimile: 212/346-9012   (2)   Delaware Funding Company, LLC
500 Stanton Christiana Road
Newark, DE 19713
Location: CS /2
Attention: Asset Backed Finance
Telephone: 302/634-5501
Facsimile: 302/634-5490   (3)   Alpine Securitization Corp.
c/o Credit Suisse First Boston, New York Branch
as Administrative Agent
11 Madison Avenue
New York, NY 10010
Attention: Joe Soave
Telephone: 212/325-9082
Facsimile: 212/325-4519   (4)   Liberty Street Funding Corp.
c/o Global Securitization Services, LLC
114 West 47th Street
Suite 1715
New York, NY 10036
Attention: Andrew L. Stidd
Telephone: 212/302-5151
Facsimile: 212/302-8767

 

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(5)   Gotham Funding Corporation
c/o The Bank of Tokyo-Mitsubishi, Ltd., New York Branch
1251 Avenue of the Americas
New York, New York 10020
Attention: Devang Sodha
Telephone: 212/782-5980
Facsimile: 212/782-6998   (6)   Old Line Funding, LLC
c/o Global Securitization Services, LLC
445 Broad Hollow Road
Suite 239
Melville, NY 11747
Attention: Tony Wong
Tel. No.: (631) 930-7207
Facsimile No.: (212) 302-8767   (7)   Bowand, LLC
c/o Global Securitization Services, LLC
445 Broad Hollow Road
Suite 239
Melville, NY 11747
Ph: (631) 587-4700
Fax: (212) 302-8767

If to the Alternate Investors:

(1)   Bank of America, National Association
NC1-027-19-01
214 North Tryon Street, 19th Floor
Charlotte, NC 28255
Attention: Global Asset Backed Securitization Group; Portfolio Management
Attention: Charu Mani
Telephone: 704/683-4692
Facsimile: 704/388-9169   (2)   JPMorgan Chase Bank
4 New York Plaza, 6th Floor
New York, NY 10004
Attention: Conduit Administration
Telephone: (212) 623-5370
Facsimile: (212) 623-5980

 

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(3)   Credit Suisse First Boston, New York Bank
11 Madison Avenue
New York, New York 10010
Attention: Joe Soave
Telephone: 212/325-9082
Facsimile: 212/325-4519   (4)   The Bank of Nova Scotia
1 Liberty Plaza, 26th Floor
New York, New York 10006
Attention: [Richard L. Taiano]
Telephone: 212/225-5070
Facsimile: 212/225-5290   (5)   The Bank of Tokyo-Mitsubishi, Ltd., New York
Branch
1251 Avenue of the Americas
New York, New York 10020
Attention: US Corporate Banking, PMG Group, Spencer Hughes
Telephone: 212/782-4226
Facsimile: 212/782-6998   (6)   Royal Bank of Canada
One Liberty Plaza, 5th Floor
New York, NY 10006-1404
Attention: Managing Director, Global Securitization Group
Tel No.: (212) 428-6537
Facsimile No.: (212) 428-2304   (7)   Danske Bank A/S, New York Branch
299 Park Avenue, 14th Floor
New York, New York 10171-1499
Attention: Peter Hargraves
Telephone: 212/984-8433
Facsimile: 212/984-9567

If to the Funding Agents:

(1)   Bank of America, National Association,
as Funding Agent for Kitty Hawk Funding Corporation
NC1-027-19-01
214 North Tryon Street, 19th Floor
Charlotte, NC 28255
Attention: Global Asset Backed Securitization Group;
                    Portfolio Management
Telephone:704/683-4692
Facsimile:704/388-9169

 

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    Payment Information:

Deutsche Bank
    ABA 021001033
Account No.: 00362941
Account Name: DB as Depository for KHFC   (2)   JPMorgan Chase Bank,
as Funding Agent for Delaware Funding Corporation
4 New York Plaza, 6th Floor
New York, NY 10004
Attention: Conduit Administration
Telephone: (212) 623-5370
Facsimile: (212) 623-5980       Payment Information:       JPMorgan Chase Bank
ABA No. 021-000-021
Account No. 507953622
Reference: Arrow Funding Corp.   (3)   Credit Suisse First Boston New York
Branch,
as Funding Agent for Alpine Securitization Corp.
11 Madison Avenue
New York, New York 10010
Attention: Joe Soave
Telephone: 212/325-9082
Facsimile: 212/325-4519       Payment Information:       Bank of New York
ABA No. 02-000-018
Account No. 890-038-7025
Reference: Arrow Funding   (4)   The Bank of Nova Scotia,
as Funding Agent for Liberty Street Funding Corp.
1 Liberty Plaza, 26th Floor
New York, New York 10006
Attention: Richard L. Taiano
Telephone: 212/225-5070
Facsimile: 212/225-5290

 

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    Payment Information:       The Bank of Nova Scotia- New York Agency
ABA No. 026-002-532
Account No. 02158-13
Reference: Arrow Electronics Funding Corporation [Reason for Payment]   (5)  
The Bank of Tokyo-Mitsubishi, Ltd., New York Branch
as Funding Agent for Gotham Funding Corporation
1251 Avenue of the Americas
10th Floor
New York, New York 10020
Attention: Aditya Reddy
Telephone: 212/782-6957
Facsimile: 212/782-6448
      Payment Information:       Bank of Tokyo-Mitsubishi Trust Company
ABA No. 026-009-687
Account Name: Gotham Funding Corporation
Account No. 310035147
Reference: Arrow - Electronics   (6)   Royal Bank of Canada
as Funding Agent for Old Line Funding, LLC
Global Securitization Group
One Liberty Plaza
New York, New York 10006-1404
Attention:Tony Cowart
Telephone:212/428-6291
Facsimile:212/428-2304
      Payment Information:       Deutsche Bank Trust Company Americas
ABA #021-001-033
Account Name: Old Line Funding Corporation
Account # 048-72-850
Reference: Kim Sukdeo/Arrow Electronics
(212) 602-1263   (7)   Danske Bank A/S, New York Branch
as Funding Agent for Bowand, LLC
299 Park Avenue, 14th Floor
New York, New York 10171-1499

 

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    Attention:Joe Brandariz
Telephone:212/984-8430
Facsimile:212/984-9570       Payment Information:       Danske Bank A/S, New
York, New York
ABA #026-003-719
Reference: Bowand, LLC

If to the SPV:

Arrow Electronics Funding Corporation
7459 South Lima Street
Building 2
Englewood, Colorado 80112
Telephone:
Facsimile:

Payment Information:
Chase Manhattan Bank
ABA 021 000 021
Account No. 323-1-96500
Reference A/R Securitization Funding

If to Arrow or the Master Servicer:

Arrow Electronics, Inc.
50 Marcus Drive
Melville, New York 11747
Telephone: (631) 847-1657
Facsimile: (631) 847-5379

Payment Information:

Chase Manhattan Bank
New York, NY
ABA 021000021
Account No. 144-0-91175

If to the Administrative Agent:

Bank of America, National Association
NC1-027-19-01
214 North Tryon Street, 19th Floor
Charlotte, NC 28255

 

--------------------------------------------------------------------------------

 

Attention: Global Asset Backed Securitization Group;
                 Portfolio Management
Attention: Charu Mani
Telephone: 704/683-4692
Facsimile: 704/388-9169

Additional copy of Master Servicer Report, Investment Request to be delivered
to:

Bank of America, National Association,
as Administrator
NC1-027-19-01
214 North Tryon Street
Charlotte, NC 28255
Attention: Global Asset Backed Securitization Group;
                  Portfolio Management, Tim Pacitto

Telephone: 704/388-9464
Facsimile: 704/388-0027
Email: timothy.pacitto@bankofamerica.com

Payment Information:

Collection Account

ABA 053 000 196
Account Name: BA as Agent for Investors - Collection Account (Arrow)
Account No. 0006 8765 0051
Reference: Arrow Electronics

Funding Account

ABA 026009593
Account Name: BA as Agent for Investors - Arrow Electronics
Account No. 0006 8765 0048
Reference: Arrow Electronics