<PAGE>

                              INDEMNIFICATION AGREEMENT


    This Indemnification Agreement ("Agreement") is made as of this ____ day of
___________, 199__, by and between Marshall Industries, a California corporation
(the "Company") and ______________________________________ ("Indemnitee").

    WHEREAS, Indemnitee is currently serving as a (director, officer, employee
or other agent) of the Company and the parties wish Indemnitee to continue in
such capacity; and

    WHEREAS, the Company desires to attract and retain the services of highly
qualified individuals, such as Indemnitee, to serve as directors, officers,
employees and other agents of the Company and to indemnify some of its
directors, officers, employees and other agents so as to provide them with the
maximum protection permitted by law; and

    WHEREAS, the indemnitee may not be willing to continue to serve the Company
in the absence of obtaining insurance or increased indemnification coverage.

    NOW, THEREFORE, in order to induce Indemnitee to continue to serve as
(director, officer, employee or other agent) for the Company and in
consideration for his or her continued service, the Company and Indemnitee
hereby agree as follows:

    1.   INDEMNIFICATION.

    (a)  THIRD PARTY PROCEEDINGS.  The Company shall indemnify Indemnitee if
Indemnitee is or was a party or is threatened to be made a party to any
threatened, pending or completed action, suit or proceeding, whether civil,
criminal, administrative or investigative (other than an action by or in the
right of the Company) by reason of the fact that Indemnitee is or was a
director, officer, employee or other agent of the Company, or any subsidiary of
the Company or by reason of the fact that Indemnitee is or was serving at the
request of the Company as a director, officer, employee or agent of another
corporation, partnership, joint venture, trust or other enterprise, to the
fullest extent permitted by law, against expenses (including attorneys' fees),
judgments, fines and amounts paid in settlement (if such settlement is approved
in advance by the Company, which approval shall not be unreasonably withheld)
actually and reasonably incurred by Indemnitee in connection with such action,
suit or proceeding if Indemnitee acted in good faith and in a manner Indemnitee
reasonably believed to be in or not opposed to the best interests of the Company
and its shareholders, and, with respect to any criminal action or proceeding,
had no reasonable cause to believe Indemnitee's conduct was unlawful.  The
termination of any action, suit or proceeding by judgment, order, settlement,
conviction, or upon a plea of nolo contendere or its equivalent, shall not, of
itself, create a presumption that Indemnitee did not act in good faith and in a
manner which Indemnitee reasonably believed to be in the best interests of the
Company, or, with respect to any criminal action or proceeding, had reasonable
cause to believe that Indemnitee's conduct was unlawful.

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    (b)  PROCEEDINGS BY OR IN THE RIGHT OF THE COMPANY.  The Company shall 
indemnify Indemnitee if Indemnitee was or is a party or is threatened to be 
made a party to any threatened, pending or completed action or suit by or in 
the right of the Company or any subsidiary of the Company to procure a 
judgment in its favor by reason of the fact that Indemnitee is or was a 
director, officer, employee or agent of the Company, or any subsidiary of the 
Company, or by reason of the fact that Indemnitee is or was serving at the 
request of the Company as a director, officer, employee or agent of another 
corporation, partnership, joint venture, trust or other enterprise, to the 
fullest extent permitted by law, against expenses (including attorneys' fees) 
and amounts paid in settlement or otherwise disposing of a pending action, in 
each case to the extent actually and reasonably incurred by Indemnitee in 
connection with the defense, settlement or disposition of such action or suit 
if Indemnitee acted in good faith and in a manner Indemnitee reasonably 
believed to be in the best interests of the Company and its shareholders, 
except that no indemnification shall be made in respect to any claim, issue 
or matter as to which Indemnitee shall have been adjudged to be liable to the 
Company in the performance of Indemnitee's duty to the Company and its 
shareholders unless and only to the extent that the court in which such 
action or suit is or was pending shall determine upon application that, in 
view of all the circumstances of the case, Indemnitee is fairly and 
reasonably entitled to indemnity for expenses and then only to the extent 
that the court shall determine.

    (c)  MANDATORY PAYMENT OF EXPENSES.  To the extent that Indemnitee has been
successful on the merits in defense of any action, suit or proceeding referred
to in Subsections (a) and (b) of this Section 1 or the defense of any claim,
issue or matter therein, Indemnitee shall be indemnified against expenses
(including attorneys' fees) actually and reasonably incurred by Indemnitee in
connection therewith.

    (d)  EXCEPTIONS.  Any other provision herein to the contrary
notwithstanding, the Company shall not be obligated pursuant to the terms of
this Agreement:

         (1)  to indemnify or advance expenses to Indemnitee with respect to
    proceedings or claims initiated or brought voluntarily by Indemnitee and
    not by way of defense, except with respect to proceedings brought to
    establish or enforce a right to indemnification under this Agreement or any
    other statute or law or otherwise as required under Section 317 of the
    California Corporations Code, but such indemnification or advancement of
    expenses may be provided by the Company in specific cases if the Board of
    Directors has approved the initiation or bringing of such suit; or


         (2)  to indemnify Indemnitee for any expenses incurred by the
    Indemnitee with respect to any proceeding instituted by Indemnitee to
    enforce or interpret this Agreement, if a court of competent jurisdiction
    determines that each of the material assertions made by the Indemnitee in
    such proceeding was not made in good faith or was frivolous; or

         (3)  to indemnify Indemnitee for expenses or liabilities of any type
    whatsoever (including but not limited to judgments, fines, ERISA excise
    taxes or penalties, and amounts paid in settlement) which have been paid
    directly to Indemnitee by an insurance


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    carrier under a policy of officers' and directors' liability insurance
    maintained by the Company; or

         (4)  to indemnify Indemnitee for expenses for which Indemnitee is
    entitled to indemnity and/or payment by reason of having given notice of
    any circumstance which might give rise to a claim under any policy of
    insurance, the terms of which have expired prior to the effective date of
    this Agreement; or

         (5)  to indemnify Indemnitee for expenses for which Indemnitee is
    indemnified by the Company otherwise than pursuant to this Agreement; or

         (6)  to indemnify Indemnitee for expenses based on or attributable to
    Indemnitee gaining in fact any personal profit or advantage to which he was
    not legally entitled; or

         (7)  to indemnify Indemnitee for expenses brought about or contributed
    to by the dishonesty of Indemnitee seeking payment hereunder; however,
    notwithstanding the foregoing, Indemnitee shall be protected under this
    Agreement to the fullest extent permitted under law as to any claims on
    which suit may be brought against him or her by reasons of any alleged
    dishonesty on his or her part, unless a judgment or other final 
    adjudication thereof adverse to Indemnitee shall establish that Indemnitee
    committed (i) acts of active and deliberate dishonesty (ii) with actual 
    dishonest purpose and intent, which acts were material to the cause of 
    action so adjudicated; or

         (8)  to indemnify Indemnitee for expenses and the payment of profits
    arisings from the purchase and sale by Indemnitee of securities in
    violation of Section 16(b) of the Securities Exchange Act of 1934, as
    amended, or any similar successor statute.

    2.   EXPENSES: INDEMNIFICATION PROCEDURE.

    (a)  ADVANCEMENT OF EXPENSES.  The Company shall advance all expenses
incurred by Indemnitee in connection with the investigation, defense,
settlement, or appeal of any civil or criminal action, suit or proceeding
referenced in Section 1(a) or (b) hereof (but not amounts actually paid in
settlement of any such action, suit or proceeding), provided Indemnitee
undertakes to repay such amounts advanced if it shall be determined ultimately
that Indemnitee is not entitled to be indemnified by the Company as authorized
hereby.  Notwithstanding anything to the contrary contained in this Agreement,
the Company may refuse to advance expenses, and shall not be required to advance
expenses, if a majority of a quorum of disinterested directors (or independent
legal counsel, if such quorum is not obtainable) in its sole discretion
determines that Indemnitee has likely not met the standards of conduct which
make it permissible pursuant to applicable law to indemnify Indemnitee and the
advancement of expenses would not be in the best interests of the Company and
its shareholders.  The advances to be made hereunder shall be paid by the
Company to Indemnitee within thirty (30) days following delivery of a written
request and undertaking therefor by Indemnitee to the Company.


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    (b)  NOTICE BY INDEMNITEE/DETERMINATION OF RIGHT TO INDEMNIFICATION. 
Indemnitee shall, as a condition precedent to his or her right to be 
indemnified under this Agreement, give the Company notice in writing as soon 
as practicable of any claim made against Indemnitee for which indemnification 
will or could be sought under this Agreement.  Notice to the Company shall be 
directed to the Chief Executive Officer of the Company at the address shown 
on the signature page of this Agreement (or such other address as the Company 
shall designate in writing to Indemnitee), and shall include a description of 
the nature of the proceeding and the facts underlying the proceeding and be 
accompanied by copies of any documents filed with the court in which the 
proceeding is pending. Notice shall be deemed received three business days 
after the date postmarked if sent by domestic certified or registered mail, 
properly addressed; otherwise notice shall be deemed received when such 
notice shall actually be received by the Company.  In addition, Indemnitee 
shall give the Company such information and cooperation as it may reasonably 
require and as shall be within Indemnitee's power.  On receipt of such 
written notice, the Company shall determine by any of the methods set forth 
in Section 317(e) of the California Corporations Code whether Indemnitee has 
met the applicable standards of conduct which make it permissible pursuant to 
applicable law to indemnify Indemnitee.

    (c)  PROCEDURE.  Any indemnification and advances provided for in Section 
1 and this Section 2 shall be made no later than forty-five (45) days after 
receipt of the written request of Indemnitee.  If a claim pursuant to this 
Agreement, pursuant to any statute, or pursuant to any provision of the 
Company's Articles of Incorporation or Bylaws providing for indemnification, 
is not paid in full by the Company within forty-five (45) days after a 
written request for payment thereof has first been received by the Company, 
Indemnitee may, but need not, at any time thereafter bring an action against 
the Company to recover the unpaid amount of the claim and, subject to Section 
12 of this Agreement, Indemnitee shall also be entitled to be paid for the 
expenses (including attorneys' fees) of bringing such action.  It shall be a 
defense to any such action (other than an action brought to enforce a claim 
for expenses incurred in connection with any action, suit or proceeding in 
advance of its final disposition) that Indemnitee has not met the standards 
of conduct which make it permissible under applicable law for the Company to 
indemnify Indemnitee for the amount claimed, but the burden of proving such 
defense shall be on the Company and Indemnitee shall be entitled to receive 
interim payments of expenses pursuant to Subsection 2(a) unless and until 
such defense may be finally adjudicated by court order or judgment from which 
no further right of appeal exists; provided however that such advance shall 
not be made it if is determined by a majority vote of a quorum of 
disinterested directors (or by independent legal counsel, if such a quorum is 
not obtainable) that Indemnitee acted in bad faith or deliberately breached 
his or her duty to the Company and its shareholders and, as a result, it is 
more likely than not that Indemnitee will not be entitled to indemnification 
under the terms of the Indemnification Agreement.  It is the parties' 
intention that if the Company contests Indemnitee's right to indemnification, 
the question of Indemnitee's right to indemnification shall be for the court 
to decide, and neither the failure of the Company (including its Board of 
Directors, any committee or subgroup of the Board of Directors, independent 
legal counsel, or its stockholders) to have made a determination that 
indemnification of Indemnitee is proper in the circumstances because 
Indemnitee has met the applicable standard of conduct required by applicable 
law, nor an actual determination by the Company (including


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its Board of Directors, any committee or subgroup of the Board of Directors, 
independent legal counsel, or its stockholders) that Indemnitee has not met 
such applicable standard of conduct, shall create a presumption that 
Indemnitee has or has not met the applicable standard of conduct.

    (d)  NOTICE TO INSURERS.  If, at the time of the receipt of a notice of a
claim pursuant to Section 2(b) hereof, the Company has directors' and officers'
liability insurance in effect, the Company shall give prompt notice of the
commencement of such proceeding to the insurers in accordance with the
procedures set forth in the respective policies.  The Company shall thereafter
take all necessary or desirable action to cause such insurers to pay, on behalf
of Indemnitee, all amounts payable as a result of such proceeding in accordance
with the terms of such policies.

    (e)  SELECTION OF COUNSEL.  In the event the Company shall be obligated
under Section 2(a) hereof to pay the expenses of any proceeding against
Indemnitee, the Company, if appropriate, shall be entitled to assume the defense
of such proceeding, with counsel approved by Indemnitee, which approval shall
not be unreasonably withheld, upon the delivery to Indemnitee of written notice
of its election to do so.  After delivery of such notice, approval of such
counsel by Indemnitee and the retention of such counsel by the Company, the
Company will not be liable to Indemnitee under this Agreement for any fees of
counsel subsequently incurred by Indemnitee with respect to the same proceeding,
provided that (i) Indemnitee shall have the right to employ his or her counsel
in any such proceeding at Indemnitee's expense; and (ii) if (A) the employment
of counsel by Indemnitee has been previously authorized by the Company, (B)
Indemnitee shall have reasonably concluded that there may be a conflict of
interest between the Company and Indemnitee in the conduct of any such defense,
or (C) the Company shall not, in fact, have employed counsel to assume the
defense of such proceeding, then the fees and expenses of Indemnitee's counsel
shall be at the expense of the Company.

    3.   ADDITIONAL INDEMNIFICATION RIGHTS, NONEXCLUSIVITY.

    (a)  SCOPE.  Notwithstanding any other provision of this Agreement, the
Company does hereby agree to indemnify the Indemnitee to the fullest extent
permitted by law, notwithstanding that such indemnification is not specifically
authorized by the other provisions of this Agreement, the Company's Articles of
Incorporation, the Company's Bylaws or by statute.  In the event of any change
in any applicable law, statue or rule which narrows the right of a California
corporation to indemnify an Indemnitee, such changes to the extent not otherwise
required by such law, statute or rule to be applied to this Agreement shall have
no effect on this Agreement or the parties' rights and obligations hereunder.

    (b)  NONEXCLUSIVITY.  The indemnification provided by this Agreement shall
not be deemed exclusive of any rights to which Indemnitee may be entitled under
the Company's Articles of Incorporation, its Bylaws, any agreement, any vote of
stockholders or disinterested directors, the Corporation Law of the State of
California, or otherwise, both as to action in Indemnitee's official capacity
and as to action in another capacity while holding the office.  The
indemnification provided pursuant to this Agreement shall continue as to
Indemnitee for any


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action taken or not taken while serving in any indemnified capacity even though
he or she may have ceased to serve in such capacity at the time of any action,
suit or other covered proceeding.

    4.   PARTIAL INDEMNIFICATION.  If Indemnitee is entitled under any
provision of this Agreement to indemnification by the Company for some or a
portion of the expenses, judgments, fines or penalties actually or reasonably
incurred by him or her in the investigation, defense, appeal or settlement of
any civil or criminal action, suit or proceeding, but not, however, for the
total amount thereof, the Company shall nevertheless indemnify Indemnitee for
such portion of such expenses, judgments, fines, or penalties to which
Indemnitee is entitled.

    5.   MUTUAL ACKNOWLEDGMENT.  Both the Company and Indemnitee acknowledge
that in certain instances, Federal law or applicable public policy may prohibit
the Company from indemnifying Indemnitee under this Agreement or otherwise and
Indemnitee understands and acknowledges that the Company has undertaken or may
be required in the future to undertake with the Securities and Exchange
Commission to submit the question of indemnification to a court in certain
circumstances for a determination of the Company's right under public policy to
indemnify Indemnitee.

    6.   DIRECTORS' AND OFFICERS' LIABILITY INSURANCE.  The Company shall, from
time to time, make a good faith determination whether or not it is practicable
for the Company to obtain and maintain a policy or policies of insurance with
reputable insurance companies providing the officers and directors of the
Company with coverage for losses from wrongful acts, or to insure the Company's
performance of its indemnification obligations under this Agreement.  Among
other considerations, the Company will weigh the costs of obtaining such
insurance coverage against the protection afforded by such coverage. 
Notwithstanding the foregoing, the Company shall have no obligation to obtain or
maintain such insurance if the Company determines in good faith that such
insurance is not reasonably available, if the premium costs for such insurance
are disproportionate to the amount of coverage provided, if the coverage
provided by such insurance is limited by exclusions so as to provide an
insufficient benefit, or if Indemnitee is covered by similar insurance
maintained by a subsidiary or parent of the Company.

    7.   EFFECTIVENESS OF AGREEMENT.  To the extent that the indemnification
permitted under the terms of certain provisions of this Agreement exceeds the
scope of the indemnification provided for in the California General Corporation
Law, such provisions shall not be effective unless and until the Company's
Articles of Incorporation authorize such additional rights of indemnification. 
In all other respects, the balance of this Agreement shall be effective as of
the date set forth on the first page and may apply to acts or omissions of
Indemnitee which occurred prior to such date if Indemnitee was a director,
officer, employee or other agent of the Company, or was serving at the request
of the Company as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise, at the time such act or
omission occurred.


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    8.   SEVERABILITY.  Nothing in this Agreement is intended to require or
shall be construed as requiring the Company to do or fail to do any act in
violation of applicable law.  The Company's inability, pursuant to court order,
to perform its obligations under this Agreement shall be severable as provided
in this Section 8.  If this Agreement or any portion hereof shall be invalidated
on any ground by any court of competent jurisdiction, then the Company shall
nevertheless indemnify Indemnitee to the full extent permitted by any applicable
portion of this Agreement that shall not have been invalidated, and the balance
of this Agreement not so invalidated shall be enforceable in accordance with 
its terms.

    9.   CONSTRUCTION OF CERTAIN PHRASES.

    (a)  For purposes of this Agreement, references to the "Company" shall
include, in addition to the resulting corporation, any constituent corporation
(including any constituent of a constituent) absorbed in a consolidation or
merger which, if its separate existence had continued, would have had power and
authority to indemnify its directors, officers, and employees or agents, so that
if Indemnitee is or was a director, officer, employee or agent of such
constituent corporation, or is or was serving at the request of such constituent
corporation as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise, Indemnitee shall stand in
the same position under the provisions of this Agreement with respect to the
resulting or surviving corporation as Indemnitee would have with respect to such
constituent corporation if its separate existence had continued.

    (b)  For purposes of this Agreement, references to "other enterprises"
shall include employee benefit plans; references to "fines" shall include any
excise taxes assessed on Indemnitee with respect to an employee benefit plan,
and references to "serving at the request of the Company" shall include any
service as a director, officer, employee or agent of the Company which imposes
duties on, or involves services by, such director, officer, employee or agent
with respect to an employee benefit plan, its participants, or beneficiaries,
and if Indemnitee acted in good faith and in a manner Indemnitee reasonably
believed to be in the interest of the participants and beneficiaries of an
employee benefit plan, Indemnitee shall be deemed to have acted in a manner "not
opposed to the best interests of the Company" as referred to in this Agreement. 

    10.  COUNTERPARTS.  This Agreement may be executed in one or more
counterparts each of which shall constitute an original.

    11.  SUCCESSORS AND ASSIGNS.  This Agreement shall be binding upon the
Company and its successors and assigns, and shall inure to the benefit of
Indemnitee and Indemnitee's estate, heirs, legal representatives and assigns.

    12.  ATTORNEYS' FEES.  In the event that any action is instituted by
Indemnitee under this Agreement to enforce or interpret any of the terms hereof,
Indemnitee shall be entitled to be paid ad court costs and expenses, including
reasonable attorneys' fees, incurred by Indemnitee with respect to such action,
unless as a part of such action, the court of competent jurisdiction


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determines that each of the material assertions made by Indemnitee as a basis
for such action were not made in good faith or were frivolous.  In the event of
an action instituted by or in the name of the Company under this Agreement or to
enforce or interpret any of the terms of this Agreement, Indemnitee shall be
entitled to be paid all court costs and expenses, including attorneys' fees,
incurred by Indemnitee in defense of such action (including with respect to
Indemnitee's counterclaims and cross-claims made in such action), unless as a
part of such action the court determines that each of Indemnitee's material
defenses to such action were made in bad faith or were frivolous.

    13.  NOTICE.  All notices, requests, demands and other communications under
this Agreement shall be in writing and shall be deemed duly given (i) if
delivered by hand and receipted for by the party addressee, on the date of such
receipt, or (ii) if mailed by domestic certified or registered mail with postage
prepaid, on the third business day after the date postmarked.  Addresses for
notice to either party are as shown on the signature page of this Agreement, or
as subsequently modified by written notice.

    14.  VENUE.  The proper and exclusive venue for any action arising from or
in connection with the interpretation or enforcement of this Agreement shall be
the Superior Court for the County of Los Angeles, State of California.

    15.  CHOICE OF LAW.  This Agreement shall be governed by and its provisions
construed in accordance with the laws of the State of California.

    IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date first above written.
                                       MARSHALL INDUSTRIES



                                       By:
                                           -------------------------------------

                                       Its:
                                            ------------------------------------
                                       Address:  9320 Telstar Avenue
                                                 El Monte, CA 91731-3004
AGREED TO AND ACCEPTED:

INDEMNITEE:

                           (type name)
--------------------------
                            (signature)
---------------------------

Address:
        -------------------------------

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