Management Services Agreement



 Exhibit 10.9 

MANAGEMENT SERVICES AGREEMENT 

THIS MANAGEMENT SERVICES AGREEMENT (this “Agreement”), effective as of October 12, 2007, is made by and
between CDW Corporation, an Illinois corporation (the “Company”), Madison Dearborn Partners V-B, L.P., a Delaware limited partnership (“MDP”) and Providence Equity Partners L.L.C., a Delaware limited liability
company (“PEP”, and together with MDP, the “Advisors”). 
 WHEREAS, on the terms and subject
to the conditions contained in this Agreement, the Company desires to obtain certain management and consulting services from the Advisors and the Advisors desire to perform such services for the Company. 

NOW, THEREFORE, in consideration of the premises and the respective mutual agreements, covenants, representations and warranties
contained in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 

1.     Appointment of Advisors. The Company appoints the Advisors and the Advisors accept appointment on the
terms and conditions provided in this Agreement as advisors to the Company, its direct and indirect subsidiaries and its direct and indirect parent companies (collectively, the “CDW Group”), including any other corporations or other
entities hereafter formed or acquired by any member of the CDW Group to engage in any business. The parties expressly acknowledge that (i) MDP is an affiliate of Madison Dearborn Capital Partners V-A, L.P., a Delaware limited partnership
(“MDCP V-A”), Madison Dearborn Capital Partners V-C, L.P., a Delaware limited partnership (“MDCP V-C”), and Madison Dearborn Capital Partners V Executive-A, L.P., a Delaware limited partnership (“MDCP
Executive” and, together with MDCP V-A and MDCP V-C, the “MDP Sponsors”), (ii) PEP is an affiliate of Providence Equity Partners VI, L.P., a Delaware limited partnership (“PEP VI”) and Providence
Equity Partners VI-A, L.P., a Delaware limited partnership (“PEP VI-A”, together with PEP VI, the “PEP Sponsors,” and together with the MDP Sponsors, the “Sponsors”) and (iii) the Sponsors are
equityholders in the Company’s ultimate parent company, CDW Holdings LLC, a Delaware limited liability company (“Holdings”). Additionally, the parties expressly acknowledge that principals of the Sponsors currently serve as
members of the Board of Directors of the Company (the “Board”) and/or members of the board of directors (or board of managers, as applicable) of the other companies in the CDW Group. It is understood that the Advisors’ rights
and obligations hereunder shall be independent of the relationship between the Company and the Sponsors and the respective boards of directors (or managers, as applicable) of the Company and the other members of the CDW Group, and that, in
performing its services hereunder, the Advisors are not acting in the capacity of equityholders of Holdings or any of its subsidiaries or members of the board of directors (or managers, as applicable) of the Company or any other member of the CDW
Group. 
 2.     Board of Directors Supervision. The activities of the Advisors to be performed under
this Agreement shall be subject to the supervision of the Board and subject to reasonable policies not inconsistent with the terms of this Agreement adopted by the Board and in effect from time to time. Where not required by applicable law or
regulation, the Advisors shall not require the prior approval of the Board to perform their duties under this Agreement. Notwithstanding the foregoing, the Advisors shall not have the authority to bind the Company or








 
any other member of the CDW Group, and nothing contained herein shall be construed to create an agency relationship between the Company or any other member of the CDW Group and the Advisors.

 3.     Services of the Advisors. Subject to any limitations imposed by applicable law or
regulation, the Advisors shall render or cause to be rendered management, consulting and financial services to the Company and the other members of the CDW Group as requested from time to time by the Board and agreed to by the Advisors, which
services may include advice and assistance concerning any and all aspects of the operations, planning and financing of the Company and the other members of the CDW Group and conducting relations on behalf of the Company or the other members of the
CDW Group with accountants, attorneys, financial advisors and other professionals. The Advisors shall provide and devote to the performance of this Agreement such employees, affiliates and agents of the Advisors as the Advisors shall deem
appropriate to the furnishing of the services hereunder. In addition, the Advisors shall, as requested by the Board and agreed to by the Advisors, render advice and expertise in connection with any acquisitions or dispositions undertaken by the
Company or the other members of the CDW Group. 
 4.     Reimbursement of Expenses; Independent
Contractor. All obligations or expenses incurred by the Advisors in the performance of their duties under this Agreement shall be for the account of, on behalf of, and at the expense of the Company, and all such expenses shall be promptly
reimbursed by the Company. The Advisors shall not be obligated to make any advance to or for the account of the Company or any other member of the CDW Group or to pay any sums, except out of funds held in accounts maintained by the Company or any
other member of the CDW Group, nor shall the Advisors be obligated to incur any liability or obligation for the account of the Company or any other member of the CDW Group. The Company shall reimburse the Advisors by wire transfer of immediately
available funds for any amount paid by the Advisors, which shall be in addition to any other amount payable to the Advisors under this Agreement. The Advisors shall be independent contractors, and nothing in this Agreement shall be deemed or
construed to (i) create a partnership or joint venture between the Company or any other member of the CDW Group and the Advisors, (ii) cause the Advisors to be responsible in any way for the debts, liabilities or obligations of the Company
or any other party, or (iii) cause the Advisors or any of their employees, partners or members to be officers, employees or agents of the Company or any other member of the CDW Group. 

5.     Other Activities of Advisors; Investment Opportunities. The Company acknowledges and agrees that
neither the Advisors nor any of the Advisors’ employees, officers, directors, affiliates or associates (collectively, the “Advisors Group”) shall be required to devote full time and business efforts to the duties of the
Advisors specified in this Agreement, but instead shall devote only so much of such time and efforts as the Advisors reasonably deem necessary. The Company further acknowledges and agrees that members of the Advisors Group are engaged in the
business of investing in, acquiring and/or managing businesses for their own account, for the account of their affiliates and associates and for the account of other unaffiliated parties, and understands that the Advisors plan to continue to be
engaged in such business (and other business or investment activities) during the term of this Agreement. The Advisors make no representations or warranties, express or implied, in respect of the services to be provided by the Advisors Group. Except
as the Advisors may otherwise agree in writing after the date 
  

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hereof: (a) each member of the Advisors Group shall have the right to, and shall have no duty (contractual or otherwise) not to, directly or indirectly (i) engage in the same or similar
business activities or lines of business as the members of the CDW Group or (ii) do business with any client or customer of the members of the CDW Group; (b) no member of the Advisors Group shall be liable to any member of the CDW Group
for breach of any duty (contractual or otherwise) by reason of any such activities or of such member’s participation therein; and (c) in the event that any member of the Advisors Group acquires knowledge of a potential transaction or
matter that may be a corporate opportunity for any member of the CDW Group, on the one hand, and such member of the Advisors Group, on the other hand, or any other person or entity, no member of the Advisors Group shall have any duty (contractual or
otherwise) to communicate or present such corporate opportunity to the Company or any other member of the CDW Group, and, notwithstanding any provision of this Agreement to the contrary, no member of the Advisors Group shall be liable to any member
of the CDW Group for breach of any duty (contractual or otherwise) by reason of the fact that any member of the Advisors Group directly or indirectly pursues or acquires such opportunity for itself, directs such opportunity to another person or
entity, or does not present such opportunity to any member of the CDW Group. In no event will any member of the Advisors Group be liable to any member of the CDW Group for any indirect, special, incidental or consequential damages, including lost
profits or savings, whether or not such damages are foreseeable, or in respect of any liabilities relating to any third party claims (whether based in contract, tort or otherwise) other than for claims relating to the services which may be provided
by the Advisors hereunder (subject to Section 8 hereof). 
 6.     Compensation of
Advisors. 
 (a)     In consideration of the management, consulting and financial services to be
rendered, the Company will pay to the Advisors an annual base management and consulting fee in cash in the aggregate amount of Five Million Dollars ($5,000,000) (the “Consulting Fee”), to be allocated among the Advisors as set forth
on Schedule 1 attached hereto, payable in advance in equal quarterly installments on the
1st business day of each calendar quarter in each year.
Notwithstanding the foregoing, the Consulting Fee for the remainder of 2007 shall be Two Million Dollars ($2,000,000) and shall be paid by the Company to the Advisors (to be allocated among the Advisors as set forth on Schedule 1 attached
hereto) on the date hereof. The next quarterly installment of the Consulting Fee is due and payable by the Company on January 1, 2008. The payment by the Company of the Consulting Fee hereunder is subject to the applicable restrictions
contained in the Company’s and its subsidiaries’ debt financing agreements. If any such restrictions prohibit the payment of any installment of the Consulting Fee, such Consulting Fee installment shall accrue and the Company shall make
such installment payment as soon as it is permitted to do so under such restrictions, plus pay interest thereon from the due date of such installment before giving effect to such restriction to the date of payment at an interest rate of 10% per
annum. If the Company or other members of the CDW Group acquire or enter into any additional business operations after the date of this Agreement (each, an “Additional Business”), the Board and the Advisors will, prior to the
acquisition or prior to entering into the business operations, in good faith, determine whether and to what extent the Consulting Fee should be increased as a result thereof. Any increase will be evidenced by a written supplement to this Agreement
signed by the Company and each of the Advisors. 
  

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 (b)     Additionally, at the time of any equity or debt financing for
Holdings, the Company or any of their respective subsidiaries that occurs after the date hereof and that is provided by either or both of the Sponsors or their respective affiliates, the Company shall pay to one or both of the Advisors (as
applicable) in cash a placement fee equal to four percent (4%) of the gross amount of any equity financing provided by such Sponsor or its affiliates and two and a half percent (2.5%) of the gross amount of any debt financing provided by
such Sponsor or its affiliates. 
 (c)     Any payment pursuant to this Section 6 shall be made
in cash by wire transfer(s) of immediately available funds to or among one or more accounts as designated from time to time by the Advisors to the Company in writing. 

7.     Term. This Agreement shall commence effective as of the date hereof and shall remain in effect until
the date on which none of the Sponsors nor any of their respective affiliates hold directly or indirectly any equity securities of Holdings or its successors. In addition, the Advisors may terminate this Agreement at any time upon written notice to
the Company, such termination to be effective upon the Company’s receipt of such written notice. No termination of this Agreement, whether pursuant to this Section 7 or otherwise, shall affect the Company’s obligations with
respect to the fees, costs and expenses incurred by the Advisors in rendering services hereunder and not reimbursed by the Company as of the effective date of such termination. In addition, the provisions of Sections 8, 9, 17
and 20 shall survive the termination of this Agreement and remain binding and in effect. 
 8.    
Liability. No member of the Advisors Group (including any person or entity acting for or on behalf of the Advisors) shall be liable for any mistakes of fact, errors of judgment, or losses sustained by the Company or any other members of the
CDW Group or for any acts or omissions of any kind (including acts or omissions of the Advisors), except to the extent caused by intentional misconduct of the Advisors as finally determined by a court of competent jurisdiction. 

9.     Indemnification of Advisors. The Company and the other members of the CDW Group hereby agree to jointly
and severally indemnify and hold harmless the Advisors and their present and future officers, directors, affiliates, employees and agents (“Indemnified Parties”) from and against all losses, claims, liabilities, suits, costs,
damages and expenses (including attorneys’ fees) arising from their performance of services hereunder. The Company and the other members of the CDW Group further agree to reimburse the Indemnified Parties on a monthly basis for any cost of
defending any action or investigation (including attorneys’ fees and expenses), subject to an undertaking from such Indemnified Party to repay the Company if such party is determined not to be entitled to such indemnity. 

10.     Assignment. Without the consent of the Advisors, the Company shall not assign, transfer or convey any
of its rights, duties or interest under this Agreement, nor shall it delegate any of the obligations or duties required to be kept or performed by it hereunder. The Advisors shall not assign, transfer or convey any of their rights, duties or
interest under this Agreement, nor shall they delegate any of their obligations or duties required to be kept or performed under this Agreement, except that the Advisors may transfer their rights and delegate their obligations hereunder to
(i) their respective affiliates or (ii) to each other. 
  

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 11.     Notices. All notices, demands, or other communications to
be given or delivered under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given or made when (i) delivered personally to the recipient, (ii) telecopied to the recipient (with hard
copy sent to the recipient by reputable overnight courier service (charges prepaid) that same day) if telecopied before 5:00 p.m. Chicago, Illinois time on a business day, and otherwise on the next business day, (iii) one business day after
being sent to the recipient by reputable overnight courier service (charges prepaid) or (iv) received via electronic mail by the recipient (with hard copy sent to the recipient by reputable overnight courier service (charges prepaid) that same
day) if received via electronic mail before 5:00 p.m. Chicago, Illinois time on a business day, and otherwise on the next business day after such receipt. Such notices, demands, and other communications shall be sent to the address for such
recipient indicated below: 
  

			
	If to the Company:	  	CDW Corporation
		  	200 N. Milwaukee Avenue
		  	Vernon Hills, Illinois 60061
		  	Facsimile: (847) 968-0336
		  	Telephone: (847) 465-6000
		  	Electronic Mail:
		  	Attention: Chief Executive Officer
		
	If to the Advisors:	  	Madison Dearborn Partners V-B, L.P.
		  	Three First National Plaza
		  	38th Floor
		  	Chicago, Illinois 60602
		  	Facsimile: (312) 895-1056
		  	Telephone: (312) 895-1000
		  	Electronic Mail: mtresnowski@MDCP.com
		  	Attention: General Counsel
		
		  	with copies to (which shall not constitute notice):
		
		  	Kirkland & Ellis LLP
		  	200 East Randolph Drive
		  	Chicago, IL 60601
		  	Facsimile: (312) 861-2200
		  	Telephone: (312) 861-2000
		  	Electronic Mail: eswan@kirkland.com;
		  	                           
mpaley@kirkland.com
		  	Attention:       Edward T. Swan, P.C.
		  	                       Michael D. Paley, Esq.
		
		  	Providence Equity Partners L.L.C.
		  	50 Kennedy Plaza
		  	18th Floor
		  	Providence, RI 02903
		  	Facsimile: (401) 751-1790

  

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		  	Telephone: (401) 751-1700
		  	Electronic Mail: m.dominguez@provequity.com
		  	Attention: Glenn Creamer
		  	                  Michael Dominguez
		
		  	with copies to (which shall not constitute notice):
		
		  	 Weil, Gotshal & Manges LLP

767 Fifth Avenue
 New York, New York
10153
 Facsimile: (212) 310-8007

Telephone: (212) 310-8773
 Electronic Mail:

 Attention: David Duffell



or to such other address or to the attention of such other person as the recipient party has specified by prior written notice to the sending party.

 12.     Severability. Whenever possible, each provision of this Agreement will be interpreted in
such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal, or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality,
or unenforceability will not affect any other provision or the effectiveness or validity of any provision in any other jurisdiction, and this Agreement will be reformed, construed, and enforced in such jurisdiction as if such invalid, illegal, or
unenforceable provision had never been contained herein. 
 13.     No Waiver. The failure by any
party to exercise any right, remedy or elections herein contained or permitted by law shall not constitute or be construed as a waiver or relinquishment for the future exercise of such right, remedy or election, but the same shall continue and
remain in full force and effect. All rights and remedies that any party may have at law, in equity or otherwise upon breach of any term or condition of this Agreement, shall be distinct, separate and cumulative rights and remedies and no one of
them, whether exercised or not, shall be deemed to be in exclusion of any other right or remedy. 
 14.    
Amendment. The provisions of this Agreement may be amended or modified only with the prior written consent of the Company and each of the Advisors. 

15.     Entire Agreement. This Agreement contains the entire agreement between the parties hereto with respect
to the matters herein contained and any agreement hereafter made shall be ineffective to effect any change or modification, in whole or in party, unless such agreement is in writing and signed by the party against whom enforcement of the change or
modification is sought. 
 16.     Applicable Law. This Agreement shall be governed by, and construed
in accordance with, the laws of the State of Illinois, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Illinois or any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of Illinois. 
  

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 17.     MUTUAL WAIVER OF JURY TRIAL. BECAUSE DISPUTES ARISING IN
CONNECTION WITH COMPLEX TRANSACTIONS ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES WISH APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE PARTIES DESIRE THAT THEIR
DISPUTES BE RESOLVED BY A JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, EACH PARTY TO THIS AGREEMENT (INCLUDING THE COMPANY) HEREBY WAIVES ALL RIGHTS TO
TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE BETWEEN OR AMONG ANY OF THE PARTIES HERETO, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF, CONNECTED WITH, RELATED OR INCIDENTAL TO THIS AGREEMENT, THE
TRANSACTIONS CONTEMPLATED HEREBY AND/OR THE RELATIONSHIPS ESTABLISHED AMONG THE PARTIES HEREUNDER. 

18.     Successors. This Agreement and all the obligations and benefits hereunder shall inure to the
successors and permitted assigns of the parties. 
 19.     Counterparts. This Agreement may be
executed in multiple counterparts with the same effect as if all signing parties had signed the same document. All counterparts shall be construed together and constitute the same instrument. 

20.     Confidentiality. The Company may not disclose the terms of this Agreement except as may be required by
applicable law or the rules of any exchange on which the Company’s or its affiliates’ securities are traded. 

*        *        *      
  * 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Management Services Agreement to be
executed and delivered as of the date first above written. 
  

			
	CDW CORPORATION
		
	By:	 	/s/ John A. Edwardson



			
	Name:	 	John A. Edwardson
	Title:	 	Chairman, Chief Executive Officer and President



			
	
	MADISON DEARBORN PARTNERS V-B, L.P.
	
	 By: Madison Dearborn Partners V-B, L.P.

Its: General Partner

	
	 By: Madison Dearborn Partners, LLC

Its: General Partner

		
	By:	 	/s/ Benjamin D. Chereskin



			
	Name:	 	Benjamin D. Chereskin
	Title:	 	Managing Director



			
	
	PROVIDENCE EQUITY PARTNERS L.L.C.
		
	By:	 	/s/ Glenn M. Creamer



			
	Name:	 	Glenn M. Creamer
	Title:	 	Senior Managing Director



[Signature Page to Management Services Agreement] 







 Schedule 1 

 

			
	Advisor	  	Allocation Percentage
	Madison Dearborn Partners V-B, L.P.	  	53.02%
	Providence Equity Partners
L.L.C.	  	46.98%