Exhibit 10.73

September ___, 2009

SED International, Inc.
4916 North Royal Atlanta Drive
Tucker, Georgia 30084Attention: CEO and CFO

Re:          Amendment
to Loan Agreement (as defined below)

Ladies and Gentlemen:

Reference
is made to that certain Loan and Security Agreement dated September 21, 2005
(as at any time amended, restated, supplemented or otherwise modified, the
Loan Agreement) among SED International Holdings, Inc., a Georgia corporation
(Holdings); SED International, Inc., a Georgia corporation (SED; together
with Holdings, collectively, Borrowers and each individually, a Borrower);
certain financial institutions party from time to time to the Loan Agreement as
lenders (collectively, Lenders); and Wachovia Bank, National Association, a
national banking association, in its capacity as agent for Lenders (together
with its successors in such capacity, Agent). Capitalized terms used herein,
unless otherwise defined herein, shall have the meaning ascribed to such terms
in the Loan Agreement.

The
parties hereto desire to amend the Loan Agreement as hereinafter set forth.

NOW,
THEREFORE, for TEN DOLLARS ($10.00) in hand paid and other good and valuable
consideration, the receipt and sufficiency of which are hereby severally
acknowledged, the parties hereto, intending to be legally bound hereby, agree
as follows:

1.     Amendment to Loan Agreement. The
Loan Agreement is hereby amended by deleting the definition of Financial
Covenant Trigger Amount contained in Section 1 of the Loan Agreement and by
substituting the following new definition in lieu thereof:

| |                                                                                                                                                                                                                         
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | 1.54
 Financial Covenant Trigger Amount shall mean, on any date of determination,
 an amount equal to the greater of (a) $3,500,000, and (b) an amount equal to
 ten percent (10%) of the Borrowing Base on such date.

2.     Ratification and Reaffirmation. Each Borrower hereby ratifies and reaffirms the Indebtedness, each of
the Financing Agreements to which such Borrower is a party and all of such
Borrowers covenants, duties, indebtedness and liabilities under the Financing
Agreements.

3.     Acknowledgments and Stipulations. Each Borrower hereby acknowledges and
stipulates that the Loan Agreement and the other Financing Agreements executed
by such Borrower are legal, valid and binding obligations of such Borrower that
are enforceable against such Borrower in accordance with the terms thereof,
except as the enforceability thereof may be limited by bankruptcy, insolvency
or other similar laws of general application affecting the enforcement of
creditors rights; all of the Indebtedness is owing and payable without
defense, offset or counterclaim (and to the extent there exists any such
defense, offset or counterclaim on the date hereof, the same is hereby waived
by such Borrower); and the security interests and liens granted by such
Borrower in favor of Agent pursuant to the

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SED International, Inc.
September ___, 2009
Page 2

Loan
Agreement and the other Security Documents are duly perfected, first priority
security interests and liens.

4.     Representations and Warranties.
To induce Agent to enter into this letter amendment, each Borrower represents
and warrants to Agent that no default or Event of Default exists on the date
hereof; the execution, delivery and performance of this letter amendment have
been duly authorized by all requisite action on the part of such Borrower and this
letter amendment has been duly executed and delivered by such Borrower; and
except as may have been disclosed in writing by such Borrower to Agent prior to
the date hereof, all of the representations and warranties made by such
Borrower in the Loan Agreement are true and correct on and as of the date
hereof.

5.     No Novation, etc. Except as
otherwise expressly provided in this letter amendment, nothing herein shall be
deemed to amend or modify any provision of the Loan Agreement or any of the other
Financing Agreements, each of which shall remain in full force and effect. This
letter amendment is not intended to be, nor shall it be construed to create, a
novation or accord and satisfaction, and the Loan Agreement as herein modified
shall continue in full force and effect.

6.     Miscellaneous. Upon Agents
receipt from each Borrower of a counterpart hereof duly executed on behalf of
such Borrower, this letter amendment shall constitute an agreement among the
parties hereto with respect to the amendment contained herein. This letter
amendment shall be governed by and construed in accordance with the internal
laws of the State of Georgia and shall be binding upon and inure to the benefit
of the parties hereto and their respective successors and assigns. This letter
amendment may be executed in any number of counterparts and by different
parties to this letter amendment on separate counterparts, each of which, when
so executed, shall be deemed an original, but all such counterparts shall
constitute one and the same agreement. Any manually executed signature
delivered by a party by facsimile or other electronic transmission shall be
deemed to be an original signature hereto. To
the fullest extent permitted by applicable law, each of the parties hereto each
hereby waives the right to trial by jury in any action, suit, counterclaim or
proceeding arising out of or related to this letter amendment.

[Remainder
of page intentionally left blank; Signatures begin on following page.]

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IN
WITNESS WHEREOF, the parties hereto have caused this letter amendment to be
duly executed and delivered by their respective duly authorized officers on the
date first written above.

| |                          | 
| | ------------------------ | 
| | WACHOVIA
 BANK,         
| | NATIONAL
 ASSOCIATION,  
| | as Agent and sole Lender
| |                          | 
| | By:                      | 
| |                          | 

| |       | 
| | ----- | 
| | Name: | 
| |       | 

| |        | 
| | ------ | 
| | Title: | 
| |        | 

Accepted
and agreed to:

BORROWERS:

SED INTERNATIONAL HOLDINGS, INC.

|    |  | 
|--- |  | 
|By: |  | 
|    |  | 

|      |  | 
|----- |  | 
|Name: |  | 
|      |  | 

|       |  | 
|------ |  | 
|Title: |  | 
|       |  | 

SED INTERNATIONAL, INC.

|    |  | 
|--- |  | 
|By: |  | 
|    |  | 

|      |  | 
|----- |  | 
|Name: |  | 
|      |  | 

|       |  | 
|------ |  | 
|Title: |  | 
|       |  | 

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