Document:

NUMBER                                                                    SHARES
                                 MicroAge(R), Inc.

              INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE

                                                               CUSIP 594928 10 3
                                             SEE REVERSE FOR CERTAIN DEFINITIONS

THIS CERTIFIES THAT

IS THE OWNER OF

fully paid and  non-assessable  shares of COMMON STOCK, par value $.01 per share

of MICROAGE,  INC.  transferable  on the books of the  Corporation by the holder
hereof  in  person  or by  duly  authorized  attorney  upon  surrender  of  this
certificate   properly   endorsed.   This   certificate   is  not  valid  unless
countersigned by the Transfer Agent and registered by the Registrar.

  Witness the facsimile signatures of its duly authorized officers.

DATED

/s/ Jeffrey D. McKeever
CHAIRMAN OF THE BOARD

/s/
SECRETARY
                          COUNTERSIGNED AND REGISTERED
                                     AMERICAN STOCK TRANSFER & TRUST COMPANY
                                                    TRANSFER AGENT AND REGISTRAR
                          BY
                                                            AUTHORIZED SIGNATURE

                          AMERICAN BANK NOTE COMPANY.

     The  Corporation  will furnish  without charge to each  stockholder  who so
requests the powers,  designations,  preferences  and  relative,  participating,
optional,  or other special  rights of each class of stock or series thereof and
the  qualifications,  limitations or  restrictions  of such  preferences  and/or
rights.  Such  requests  shall  be made to the  Corporation's  Secretary  at the
principal office of the Corporation.

     This  certificate  also evidences and entitles the holder hereof to certain
rights as set forth in an Amended  and  Restated  Rights  Agreement  dated as of
September  28,  1994 (the  "Rights  Agreement"),  the terms of which are  hereby
incorporated herein by reference and a copy of which is on file at the principal
executive offices of MicroAge, Inc. Under certain circumstances, as set forth in
the Amended and  Restated  Rights  Agreement,  such Rights will be  evidenced by
separate  certificates  and will no longer  be  evidenced  by this  certificate.
MicroAge, Inc. will mail to the holder of this certificate a copy of the Amended
and restated Rights Agreement  without charge after receipt of a written request
therefor. Under certain circumstances,  as set forth in the Amended and Restated
Rights  Agreement,  Rights issued to any Person who becomes an Acquiring  Person
(as defined in the Amended and Restated  Rights  Agreement)  may become null and
void.

     KEEP THIS CERTIFICATE IN A SAFE PLACE, IF IT IS LOST,  STOLEN, OR DESTROYED
THE CORPORATION  WILL REQUIRE A BOND OF INDEMNITY AS A CONDITION TO THE ISSUANCE
OF A REPLACEMENT CERTIFICATE.

     The following  abbreviations,  when used in the  inscription on the face of
this  certificate,  shall be  construed  as though they were written out in full
according to applicable laws and regulations:

TEN COM - as tenants in common
TEN ENT - as tenants by the entireties
JT TEN  - as joint tenants with right
          of survivorship and not as
          tenants in common

                         UNIF GIFT MIN ACT-         Custodian
                                           ---------          -----------
                                             (Cust)             (Minor)
                                           under Uniform Gifts to Minors
                                           Act
                                              ---------------------------
                                                       (State)
                         UNIF TRF MIN ACT-          Custodian (until age       )
                                          ----------                    -------
                                            (Cust)
                                                        under Uniform Transfers
                                          --------------
                                              (Minor)
                                          to Minors Act
                                                       -------------------------
                                                               (State)

    Additional abbreviations may also be used though not in the above list.

FOR VALUE RECEIVED,                       hereby sell, assign and transfer unto.
                   -----------------------
PLEASE INSERT SOCIAL SECURITY OR OTHER
   IDENTIFYING NUMBER OF ASSIGNEE

------------------------------
--------------------------------------------------------------------------------
 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)

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                                                                          Shares
--------------------------------------------------------------------------
of  capital  stock  represented  by  the  within  Certificate,   and  do  hereby
irrevocably constitute and appoint
                                                                        Attorney
------------------------------------------------------------------------
to transfer  the said stock on the books of the within  named  Corporation  with
full power of substitution in the premises.

Dated
     ----------------------------------

               X
                ----------------------------------------------------------------
               X
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               THE  SIGNATURE(S)  TO THIS  ASSIGNMENT  MUST  CORRESPOND WITH THE
       NOTICE: NAME(S)  AS  WRITTEN  UPON THE FACE OF THE  CERTIFICATE  IN EVERY
               PARTICULAR,  WITHOUT  ALTERATION  OR  ENLARGEMENT  OR ANY  CHANGE
               WHATEVER.

Signature(s) Guaranteed
By
  ----------------------------------------------------------
THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR
INSTITUTION   (BANKS,   STOCKBROKERS,   SAVINGS   AND   LOAN
ASSOCIATIONS   AND  CREDIT  UNIONS  WITH  MEMBERSHIP  IN  AN
APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT TO
S.E.C. RULE 17Ad-15.FIRST AMENDMENT TO
                              AMENDED AND RESTATED
                              EMPLOYMENT AGREEMENT

     This  First  Amendment  (the  "AMENDMENT")  to  the  Amended  and  Restated
Employment Agreement (the "EMPLOYMENT AGREEMENT") by and between MICROAGE, INC.,
a Delaware corporation (the "COMPANY") and JEFFREY D. MCKEEVER (the "EXECUTIVE")
is made as of this 12th day of  January,  2000 by and  between  the  Company and
Executive.

                                   RECITALS:

     WHEREAS, the Company and Executive entered into the Employment Agreement on
November 4, 1996; and

     WHEREAS,   pursuant  to  Section  7.5  of  the  Employment  Agreement,  the
Employment Agreement may be amended only by a written document signed by each of
the parties thereto; and

     WHEREAS,  the Company granted to Executive the option to purchase 6% of the
outstanding common stock of Pinacor,  Inc., an indirect wholly-owned  subsidiary
of the Company  ("PINACOR"),  for the aggregate  purchase  price of Nine Million
Dollars  ($9,000,000),  all in  accordance  with the terms of the  Non-Qualified
Stock Option  Agreement  (Jeffrey D. McKeever)  effective as of May 2, 1998 (the
"PINACOR OPTION  AGREEMENT"),  which is attached to this Amendment as Attachment
A; and

     WHEREAS,  Executive  has  surrendered  all of his rights  under the Pinacor
Option  Agreement  by  delivering  notice  of  such  surrender  to  Mr.  William
Mallender,  Chairman of the Compensation Committee of the Board, a copy of which
is attached to this Amendment as Attachment B; and

     WHEREAS, the Company and Executive desire to amend the Employment Agreement
to pay Executive a bonus upon the  disposition of Pinacor as  consideration  for
Executive's surrender of all rights under his Option Agreement.

     NOW,  THEREFORE,  in consideration of the premises,  and for other valuable
consideration,  the  sufficiency of which is hereby  acknowledged by each of the
parties hereto, the parties hereby agree as follows:

                                  AGREEMENTS:

     1.  Section 2.2 of the  Employment  Agreement  (BONUS  PAYMENTS)  is hereby
amended by adding a new  paragraph  (c) to the end  thereof  which shall read as
follows:
<PAGE>
     (c) Executive  shall, in addition,  be entitled to a bonus payment upon the
Disposition (as defined in Section 7.1) of Pinacor, Inc., a Delaware corporation
("PINACOR") if the Disposition  occurs during  Executive's  period of employment
hereunder or within one year following his termination of employment for reasons
of death, Total Disability (as defined in Section 7.1) or Retirement (as defined
in Section 7.1). The bonus shall be payable in one lump sum within ten (10) days
following the Disposition.  The bonus shall equal Six Percent (6%) of the amount
by which the Disposition Price (as defined in Section 7.1) exceeds $150,000,000.

     2. Section 7.1 of the Employment Agreement  (DEFINITIONS) is hereby amended
by adding new  paragraphs  (yy),  (zz) and (aaa) to the end thereof  which shall
read as follows:

          (yy)  "DISPOSITION"  shall mean the sale or other  transfer  of all or
     substantially  all of the common stock or assets of Pinacor or MCCI Holding
     Company  to any  individual  or entity  other than an  "Affiliate",  or the
     merger,  consolidation  or other  combination  of Pinacor  or MCCI  Holding
     Company with any entity other than an  "Affiliate".  For this  purpose,  an
     "Affiliate"  is any  entity  that is part of the same  controlled  group of
     corporations as the Company within the meaning of Section 1563 of the Code.

          (zz) "DISPOSITION  PRICE" shall mean the aggregate value placed on the
     common stock or assets of Pinacor or MCCI Holding Company by the parties to
     the  Disposition  or, if the parties to the  Disposition  do not  expressly
     agree to an aggregate value, the Disposition  Price shall be the value that
     the  Compensation  Committee  of the Board  determines  to be the  inherent
     aggregate  value of the Pinacor or MCCI  Holding  Company  common  stock or
     assets for purposes of the Disposition.

          (aaa) "PINACOR" - as defined in Section 2.2(c).

     3. The  provisions of this Amendment  shall amend only those  provisions of
the Employment  Agreement  referred to herein and those provisions not expressly
amended hereby shall remain in full force and effect.

     4. The  modifications  made by this Amendment  shall be effective as of the
date of execution of this Amendment.

                                      -2-
<PAGE>
         IN  WITNESS  WHEREOF,  the  parties  hereto  have  duly  executed  this
Amendment as of the date first above written.

COMPANY:                                EXECUTIVE:

MICROAGE, INC.                          /s/ Jeffrey D. McKeever
                                        ----------------------------------------
                                        Jeffrey D. McKeever
By: /s/ Jeffrey D. McKeever
    -------------------------------
Name:  Jeffrey D. McKeever
Title: Chairman of the Board and
       Chief Executive Officer

                                      -3-

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