Document:

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                                                                    EXHIBIT 10.2

                     AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT

         This Amendment No. 3 to Employment Agreement (this "Amendment") is
entered into by and among Morrie K. Abramson ("Employee"), Rolaine S. Abramson
and Kent Electronics Corporation, a Texas corporation (the "Company"), as of
March 21, 2001.

         WHEREAS, Employee and the Company entered into the Employment Agreement
dated as of January 3, 1996, as amended (the "Employment Agreement"), pursuant
to an Amendment No. 1 to Employment Agreement dated as of August 18, 1997, and
Amendment No. 2 to Employment Agreement dated as of November 10, 1998;

         WHEREAS, capitalized terms not otherwise defined herein shall have the
meanings given to them in the Employment Agreement,

         WHEREAS, the Company has been in negotiations with Avnet, Inc.
("Avnet") regarding the possible merger of the Company with Avnet, on
substantially the terms described in the draft Agreement and Plan of Merger (the
"Merger Agreement") among the Company, Avnet, and Avnet Acquisition Corp, a
wholly-owned subsidiary of Avnet ("Sub");

         WHEREAS, pursuant to the Merger Agreement, and subject to certain terms
and conditions of the Merger Agreement, Sub is to be merged with and into the
Company, whereby the separate corporate existence of Sub will cease, and the
Company will become a wholly-owned subsidiary of Avnet (the "Merger");

         WHEREAS, under the Employment Agreement, Employee is entitled to
certain annual payments following termination of his employment with the Company
(the "Termination Payments"), such payments to be adjusted annually for
inflation;

         WHEREAS, pursuant to the Employment Agreement, Employee may require the
Company to pay him a lump sum amount sufficient to purchase a fully paid annuity
contract issued by an insurance company acceptable to Employee, providing for
the payment to Employee of the Termination Payments;

         WHEREAS, the Company has not been able to identify acceptable insurance
products, with an appropriate inflation adjustment, to provide the Termination
Payments to Employee;

         WHEREAS, at the request of Avnet in conjunction with the proposed
Merger, the Company, after due consideration, deems it appropriate to fix the
annual adjustment for inflation applicable to the Termination Payments; and

         WHEREAS, the historic inflation rate for the past 28 years has been
approximately 5%, and the anticipated term of the annuity benefits under the
Employment Agreement, based on the actuarial life expectancies of Employee and
Employee's Spouse, is approximately 28 years, the Company deems it reasonable
and appropriate to amend the Employment Agreement to reflect a

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5% annual rate of inflation with respect to the Termination Payments after
January 1, 2001, instead of the formula included therein;

         NOW, THEREFORE, in consideration of Ten Dollars and other good and
valuable consideration and the mutual agreements made herein, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

         1. Conditioned on the consummation of the Merger and the transactions
contemplated by the Merger Agreement, Section 4.4 of the Employment Agreement is
hereby amended to read in its entirety as follows:

              4.4 Benefits Following Termination of Employment.

                  (a) Upon the termination of Employee's employment by the
         Company, whether due to death, Disability, resignation, whether or not
         for Good Reason, or discharge, whether or not for Just Cause, the
         Company shall, commencing on the first day of the month following the
         date of the termination of Employee's employment, pay, or cause to be
         paid, to Employee in equal monthly installments the sum of $750,000 per
         year (the "Annual Amount"), for a period equal to the greater of (x) 15
         years, (y) the life of Employee, or (z) the life of Rolaine S. Abramson
         so long as she is married to Employee at the date of Employee's death
         ("Employee's Spouse"); provided, however, that in the event of the
         termination of Employee's employment due to death or Disability prior
         to March 31, 2001, the Annual Amount described above shall equal
         $950,000 until March 31, 2001, after which time the Annual Amount shall
         equal $750,000; and provided further that Employee shall not be
         entitled to any amounts under this Section 4.4 if Employee's employment
         is terminated prior to a Change in Control for Just Cause or without
         Good Reason. In addition, until January 1, 2001, the Annual Amount
         shall be adjusted annually to reflect increases in the cost of living
         after the date hereof, as measured by the Consumer Price Index ("CPI")
         for all urban consumers calculated by the Bureau of Labor Statistics
         (or any successor or replacement index), after which time the Annual
         Amount shall be increased at a rate of five percent (5%) per annum.

                         (i) If Employee shall die before Employee's Spouse and
         Employee's Spouse is married to Employee at the date of Employee's
         death, whether before or after the payments of the Annual Amount
         described above shall have commenced, then the Annual Amount shall be
         paid in monthly installments to Employee's Spouse. If Employee's Spouse
         then dies before all amounts required to be paid have been paid, then,
         upon the death of Employee's Spouse, any remaining payments of the
         Annual Amount shall be made to the personal representative of the
         estate of Employee's Spouse, to pass as a part thereof.

                        (ii) If Employee's Spouse shall die before Employee,
         then any community property interest of Employee's Spouse in this
         Agreement shall vest in Employee. If Employee then dies before all
         amounts required to be paid have been paid, then, upon Employee's
         death, any remaining payments of the Annual Amount shall be made to
         Employee's beneficiary designated in writing to the Company by
         Employee, or

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         in the absence thereof, to the personal representative of the estate of
         Employee, to pass as a part thereof.

                  (b) Upon the termination of Employee's employment by the
         Company, whether due to death, Disability, resignation (whether or not
         for Good Reason) or discharge (whether or not for Just Cause), the
         Company shall secure its obligations under this Section 4.4 as
         described below. In the case of a termination of Employee's employment
         (whether or not after any Change in Control), the Company shall pay to
         Employee cash in an amount sufficient to permit Employee to purchase a
         fully paid annuity contract issued by an insurance company acceptable
         to Employee, in his sole discretion, providing for the payment to
         Employee of the amounts required to be paid pursuant to this Section
         4.4 ("Section 4.4 Payments"), and shall also pay to Employee cash in an
         amount sufficient to pay Employee's income taxes (calculated at the
         highest marginal federal income tax rate and after taking into account
         any applicable surtaxes and other generally applicable taxes which
         would have the effect of increasing the marginal federal income tax
         rate, and, if applicable, at the highest marginal state income tax rate
         in effect in the State of Texas) payable upon receipt of any such
         annuity contract (which payment of income taxes and its effect on the
         taxability of the payments under the annuity contract shall be taken
         into account in establishing the annuity contract, which will be
         designed to provide Employee with the same after-tax benefit that he
         would have received if the Company directly made the Section 4.4
         Payments assuming the highest federal and Texas marginal income tax
         rates in effect at the time of the establishment of the annuity).

                  (c) Upon the effective date of this Agreement, the Company
         shall establish a "rabbi trust" for the benefit of Employee into which
         there shall be contributed by the Company cash in an amount sufficient
         to purchase the annuity contract and pay the anticipated income taxes
         contemplated by the preceding subparagraph (b) upon the termination of
         Employee's employment at any time during the term of this Agreement
         without any regard as to whether such termination is for Just Cause or
         without Good Reason prior to a Change in Control. Any instruments
         establishing such rabbi trust shall in all respects be satisfactory in
         form and substance to Employee and his counsel.

         2. The parties agree that based on the foregoing proposed amendments, a
payment of $25,068,000, concurrent with the closing of the Merger, would satisfy
in full the Company's obligations under Section 4.4 of the Employment Agreement;
provided however, that such payment in full shall not impair or otherwise affect
Employee's entitlement to other compensation and benefits under the Employment
Agreement, including, without limitation, Bonus Payments to hold Employee
harmless from the adverse effects of the excise taxes imposed by Section 4999 of
the Internal Revenue Code of 1986, amended.

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

                                         /s/ Morrie K. Abramson
                                       -----------------------------------------
                                       Morrie K. Abramson

                                         /s/ Rolaine S. Abramson
                                       -----------------------------------------
                                       Rolaine S. Abramson

                                       KENT ELECTRONICS CORPORATION

                                       By: /s/ Larry D. Olson
                                       -----------------------------------------
                                           Larry D. Olson
                                           President and Chief Executive Officer

                                       4<PAGE>   1
                                                                    EXHIBIT 10.3

                     AMENDMENT NO. 1 TO CONSULTING AGREEMENT

         This Amendment No. 1 to Consulting Agreement (this "Amendment") is
entered into as of March 21, 2001, but effective as of April 1, 2001 by and
among Morrie K. Abramson ("Consultant") and Kent Electronics Corporation, a
Texas corporation (the "Company").

         WHEREAS, Consultant and the Company entered into the Consulting
Agreement dated effective as of April 1, 2001 (the "Consulting Agreement");

         WHEREAS, capitalized terms not otherwise defined herein shall have the
meanings given to them in the Consulting Agreement,

         WHEREAS, the Company has been in negotiations with Avnet, Inc.
("Avnet") regarding the possible merger of the Company with Avnet, on
substantially the terms described in the draft Agreement and Plan of Merger (the
"Merger Agreement") among the Company, Avnet, and Avnet Acquisition Corp., a
wholly-owned subsidiary of Avnet ("Sub");

         WHEREAS, pursuant to the Merger Agreement, and subject to certain terms
and conditions of the Merger Agreement, Sub is to be merged with and into the
Company, whereby the separate corporate existence of Sub will cease, and the
Company will become a wholly-owned subsidiary of Avnet (the "Merger");

         WHEREAS, under the Consulting Agreement, Consultant is entitled to
certain annual payments following termination of his engagement with the Company
(the "Termination Payments"), such payments to be adjusted annually for
inflation;

         WHEREAS, pursuant to the Consulting Agreement, Consultant may require
the Company to pay him a lump sum amount sufficient to purchase a fully paid
annuity contract issued by an insurance company acceptable to Consultant,
providing for the payment to Consultant of the Termination Payments;

         WHEREAS, the Company has not been able to identify acceptable insurance
products with an appropriate inflation adjustment to provide the Termination
Payments to Consultant;

         WHEREAS, at the request of Avnet in conjunction with the proposed
Merger, the Company, after due consideration, deems it appropriate to fix the
annual adjustment for inflation applicable to the Termination Payments; and

         WHEREAS, the historic inflation rate for the past 28 years has been
approximately 5%, and the anticipated term of the annuity benefits under the
Consulting Agreement, based on the actuarial life expectancies of Consultant and
Consultant's Spouse, is approximately 28 years, the Company deems it reasonable
and appropriate to amend the Consulting Agreement to reflect a 5% annual rate of
inflation with respect to the Termination Payments, instead of the formula
included therein;

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         NOW, THEREFORE, in consideration of Ten Dollars and other good and
valuable consideration and the mutual agreements made herein, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

         1. Conditioned on the consummation of the Merger and the transactions
contemplated by the Merger Agreement, Section 3.4 of the Consulting Agreement is
hereby amended to read in its entirety as follows:

               3.4 Benefits Following Termination of Engagement.

                  (a) As additional consideration for Consultant's services
         hereunder, upon the termination of Consultant's engagement by the
         Company, due to death, Disability, termination by the Consultant
         (whether or not for Good Reason), or termination by the Company
         (whether or not for Just Cause), the Company shall, commencing on the
         first day of the month following the date of the termination of
         Consultant's engagement, pay, or cause to be paid, to Consultant in
         equal monthly installments, an annual amount equal to $250,000 per year
         (the "Additional Annual Amount"), for a period equal to the greater of
         (x) 15 years, (y) the life of Consultant, or (z) the life of Rolaine S.
         Abramson so long as she is married to Consultant at the date of
         Consultant's death ("Consultant's Spouse"); and provided further that
         Consultant shall not be entitled to any amounts under this Section 3.4
         if Consultant's engagement is terminated prior to a Change in Control
         for Just Cause or without Good Reason. In addition, the Additional
         Annual Amount shall be increased annually to reflect increases in the
         cost of living after the date of termination of Consultant's engagement
         by the Company, at a rate of five percent (5%) per annum.

                    (i) If Consultant shall die before Consultant's Spouse and
               Consultant's Spouse is married to Consultant at the date of
               Consultant's death, whether before or after the payments of the
               Additional Annual Amount described above shall have commenced,
               then the Additional Annual Amount shall be paid in monthly
               installments to Consultant's Spouse. If Consultant's Spouse then
               dies before all amounts required to be paid have been paid, then,
               upon the death of Consultant's Spouse, any remaining payments of
               the Additional Annual Amount shall be made to the personal
               representative of the estate of Consultant's Spouse, to pass as a
               part thereof.

                    (ii) If Consultant's Spouse shall die before Consultant,
               then any community property interest of Consultant's Spouse in
               this Agreement shall vest in Consultant. If Consultant then dies
               before all amounts required to be paid have been paid, then, upon
               Consultant's death, any remaining payments of the Additional
               Annual Amount shall be made to Consultant's beneficiary
               designated in writing to the Company by Consultant, or in the
               absence thereof, to the personal representative of the estate of
               Consultant, to pass as a part thereof.

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                  (b) Upon the termination of Consultant's engagement by the
         Company, whether due to death, Disability, resignation (whether or not
         for Good Reason) or discharge (whether or not for Just Cause), the
         Company shall secure its obligations under this Section 3.4 as
         described below. In the case of a termination of Consultant's
         engagement (whether or not after any Change in Control), the Company
         shall pay to Consultant cash in an amount sufficient to permit
         Consultant to purchase a fully paid annuity contract issued by an
         insurance company acceptable to Consultant, in his sole discretion,
         providing for the payment to Consultant of the amounts required to be
         paid pursuant to this Section 3.4 ("Section 3.4 Payments"), and shall
         also pay to Consultant cash in an amount sufficient to pay Consultant's
         income taxes (calculated at the highest marginal federal income tax
         rate and after taking into account any applicable surtaxes and other
         generally applicable taxes which would have the effect of increasing
         the marginal federal income tax rate, and, if applicable, at the
         highest marginal state income tax rate in effect in the State of Texas)
         payable upon receipt of any such annuity contract (which payment of
         income taxes and its effect on the taxability of the payments under the
         annuity contract shall be taken into account in establishing the
         annuity contract, which will be designed to provide Consultant with the
         same after-tax benefit that he would have received if the Company
         directly made the Section 3.4 Payments assuming the highest federal and
         Texas marginal income tax rates in effect at the time of the
         establishment of the annuity).

                  (c) Upon the effective date of this Agreement, on the request
         of the Consultant the Company shall establish a "rabbi trust" for the
         benefit of Consultant into which there shall be contributed by the
         Company cash in an amount sufficient to purchase the annuity contract
         and pay the anticipated income taxes contemplated by the preceding
         paragraph (b) upon the termination of Consultant's engagement at any
         time during the term of this Agreement without any regard as to whether
         such termination is for Just Cause or without Good Reason prior to a
         Change in Control. Any instruments establishing such rabbi trust shall
         in all respects be satisfactory in form and substance to Consultant and
         his counsel.

         2. Conditioned on the consummation of the Merger and the transactions
contemplated by the Merger Agreement, the parties hereby agree to reduce the
payment that would otherwise be payable pursuant to Section 3.4(b) by
$1,250,000.

         3. The parties agree that based on the foregoing proposed amendments, a
payment of $6,092,000, concurrent with the closing of the Merger, would satisfy
in full the Company's obligations under Section 3.4 of the Consulting Agreement;
provided however, that such payment in full shall not impair or otherwise affect
Consultant's entitlement to other compensation and benefits under the Consulting
Agreement, including, without limitation, Bonus Payments to hold Consultant
harmless from the adverse effects of the excise taxes imposed by Section 4999 of
the Internal Revenue Code of 1986, amended.

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

                                         /s/ Morrie K. Abramson
                                       -----------------------------------------
                                       Morrie K. Abramson

                                       KENT ELECTRONICS CORPORATION

                                       By: /s/ Larry D. Olson
                                          --------------------------------------
                                           Larry D. Olson
                                           President and Chief Executive Officer

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