Document:

Amended and Restated Directors Equity Compensation Plan

 Exhibit 10.1 
 SCANSOURCE, INC. 
 AMENDED AND RESTATED DIRECTORS
EQUITY COMPENSATION PLAN 
 ARTICLE 1 
 PURPOSE 
 1.1. PURPOSE. The purpose of the ScanSource, Inc.
Amended and Restated Directors Equity Compensation Plan is to attract, retain and compensate highly-qualified individuals who are not employees of ScanSource, Inc. or any of its subsidiaries or affiliates for service as members of the Board
by providing them with an opportunity to participate in the Company’s future growth through the granting of restricted stock or options to purchase shares of Common Stock of the Company. The Company intends that the Plan will benefit the
Company and its shareholders by allowing Non-Employee Directors to have a personal financial stake in the Company through an ownership interest in the Common Stock and will closely associate the interests of Non-Employee Directors with that of the
Company’s shareholders. 
 1.2. ELIGIBILITY. All active Non-Employee Directors shall automatically be participants
in the Plan. 
 ARTICLE 2 
 DEFINITIONS 
 2.1. DEFINITIONS. Unless the context clearly indicates
otherwise, the following terms shall have the following meanings: 
 (a) “Award” means an award of Restricted Stock or
Options granted under Section 5 of the Plan. 
 (b) “Board” means the Board of Directors of the Company.

 (c) “Change in Control” means and includes the occurrence of any one of the following events: 

(i) individuals who, on the Effective Date, constitute the Board of Directors of the Company (the “Incumbent
Directors”) cease for any reason to constitute at least a majority of such Board, provided that any person becoming a director after the Effective Date and whose election or nomination for election was approved by a vote of at least a majority
of the Incumbent Directors then on the Board shall be an Incumbent Director; provided, however, that no individual initially elected or nominated as a director of the Company as a result of an actual or threatened election contest with respect to
the election or removal of directors (“Election Contest”) or other actual or threatened solicitation of proxies or consents by or on behalf of any “person” (such term for purposes of this definition being as defined in
Section 3(a)(9) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and as used in Section 13(d)(3) and 14(d)(2) of the Exchange Act) other than the Board (“Proxy Contest”), including by reason of
any agreement intended to avoid or settle any Election Contest or Proxy Contest, shall be deemed an Incumbent Director; or 
 (ii) any person is or becomes a “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of either (A) 35% or more of the then-outstanding shares of
common stock of the Company (“Company Common Stock”) or (B) securities of the Company representing 35% or more of the combined voting power of the Company’s then outstanding securities eligible to vote for the election of
directors (the “Company Voting Securities”); provided, however, that for purposes of this subsection (ii), the following acquisitions shall not constitute a Change in Control: (w) an acquisition directly from the Company, (x) an
acquisition by the Company or a subsidiary of the Company, (y) an acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any subsidiary of the Company, or (z) an acquisition pursuant to a
Non-Qualifying Transaction (as defined in subsection (iii) below); or 
 (iii) the consummation of a
reorganization, merger, consolidation, statutory share exchange or similar form of corporate transaction involving the Company or a subsidiary (a “Reorganization”), or the sale or other disposition of all or substantially all of the
Company’s assets (a “Sale”) or the acquisition of assets or stock of another corporation (an “Acquisition”), unless immediately following such Reorganization, Sale or Acquisition: (A) all or substantially all of the
individuals and entities who were the beneficial owners, respectively, of the outstanding Company Common Stock and outstanding Company Voting Securities 

 immediately prior to such Reorganization, Sale or Acquisition beneficially own, directly or
indirectly, more than 55% of, respectively, the then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the
corporation resulting from such Reorganization, Sale or Acquisition (including, without limitation, a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets or stock either
directly or through one or more subsidiaries, the “Surviving Corporation”) in substantially the same proportions as their ownership, immediately prior to such Reorganization, Sale or Acquisition, of the outstanding Company Common Stock and
the outstanding Company Voting Securities, as the case may be, and (B) no person (other than (x) the Company or any subsidiary of the Company, (y) the Surviving Corporation or its ultimate parent corporation, or (z) any employee
benefit plan (or related trust) sponsored or maintained by any of the foregoing is the beneficial owner, directly or indirectly, of 35% or more of the total common stock or 35% or more of the total voting power of the outstanding voting securities
eligible to elect directors of the Surviving Corporation, and (C) at least a majority of the members of the board of directors of the Surviving Corporation were Incumbent Directors at the time of the Board’s approval of the execution of
the initial agreement providing for such Reorganization, Sale or Acquisition (any Reorganization, Sale or Acquisition which satisfies all of the criteria specified in (A), (B) and (C) above shall be deemed to be a “Non-Qualifying
Transaction”); or 
 (iv) approval by the shareholders of the Company of a complete liquidation or
dissolution of the Company. 
 (d) “Company” means ScanSource, Inc., a South Carolina corporation. 

(e) “Common Stock” means the common stock, no par value, of the Company. 

(f) “Disability” means any illness or other physical or mental condition of a Non-Employee Director that renders him or her
incapable of performing as a director of the Company, or any medically determinable illness or other physical or mental condition resulting from a bodily injury, disease or mental disorder which, in the judgment of the Board, is permanent and
continuous in nature. The Board may require such medical or other evidence as it deems necessary to judge the nature and permanency of a Non-Employee Director’s condition. 

(g) “Effective Date” has the meaning set forth in Section 7.2 of the Plan. 

(h) “Fair Market Value,” on any date, means (i) if the Common Stock is listed on a securities exchange or is traded over
the NASDAQ Global Market, the closing sales price on such exchange or over such system on such date or, in the absence of reported sales on such date, the closing sales price on the immediately preceding date on which sales were reported, or
(ii) if the Common Stock is not listed on a securities exchange or traded over the NASDAQ Global Market, the mean between the bid and offered prices as quoted by Nasdaq for such date, provided that if it is determined that the fair market value
is not properly reflected by such NASDAQ quotations, Fair Market Value will be determined by such other method as the Board determines in good faith to be reasonable. 
 (i) “Grantee” means a Non-Employee Director of the Company to whom an award of Restricted Stock or an Option has been granted under Section 5. 

(j) “Non-Employee Director” means a director of the Company who is not an employee of the Company or any of its subsidiaries or
affiliates. 
 (k) “Option” means an option to purchase Common Stock granted under Section 5 of the Plan. Options
granted under the Plan are not incentive stock options within the meaning of Section 422 of the Internal Revenue Code. 

(l) “Option Grant Date” has the meaning set forth in Section 5.1(b) or Section 5.4 of the Plan. 

(m) “Plan” means the ScanSource, Inc. Amended and Restated Directors Compensation Plan, as amended from time to time.

 (n) “Plan Year(s)” means the approximate twelve-month periods between annual meetings of the shareholders of the
Company, which, for purposes of the Plan, are the periods for which annual retainers are earned. 

 (o) “Restricted Stock Award” means an award of shares of Common Stock that are
subject to certain restrictions and to risk of forfeiture. 
 (p) “Restricted Stock Grant Date” has the meaning set
forth in Section 5.2(b) or Section 5.4 of the Plan. 
 (q) “Retirement” means retirement as a director of
the Company in accordance with normal Company policies. 
 ARTICLE 3 

ADMINISTRATION 
 3.1. ADMINISTRATION. The Plan shall be administered by the Board. Subject to the provisions of the Plan, the Board shall be authorized to interpret the Plan, to establish, amend and rescind any
rules and regulations relating to the Plan, and to make all other determinations necessary or advisable for the administration of the Plan. The Board’s interpretation of the Plan, and all actions taken and determinations made by the Board
pursuant to the powers vested in it hereunder, shall be conclusive and binding upon all parties concerned including the Company, its shareholders and persons granted awards under the Plan. The Board may appoint a plan administrator to carry out the
ministerial functions of the Plan, but the administrator shall have no other authority or powers of the Board. 
 3.2.
RELIANCE. In administering the Plan, the Board may rely upon any information furnished by the Company, its public accountants and other experts. No individual will have personal liability by reason of anything done or omitted to be done by
the Company or the Board in connection with the Plan. 
 3.3. INDEMNIFICATION. Each person who is or has been a member of
the Board or who otherwise participates in the administration or operation of the Plan shall be indemnified by the Company against, and held harmless from, any loss, cost, liability or expense that may be imposed upon or incurred by him or her in
connection with or resulting from any claim, action, suit or proceeding in which such person may be involved by reason of any action taken or failure to act under the Plan and shall be fully reimbursed by the Company for any and all amounts paid by
such person in satisfaction of judgment against him or her in any such action, suit or proceeding, provided he or she will give the Company an opportunity, by written notice to the Board, to defend the same at the Company’s own expense before
he or she undertakes to defend it on his or her own behalf. This right of indemnification shall not be exclusive of any other rights of indemnification. 
 ARTICLE 4 
 SHARES 

4.1. SHARES SUBJECT TO THE PLAN. Subject to adjustment in accordance with the provisions of Section 5.2 of the Plan, the
shares of Common Stock that may be issued pursuant to the Plan shall not exceed in the aggregate 250,000 shares. Such shares may be authorized and unissued shares or reacquired shares. The Board’s adoption of this Plan shall constitute the
reservation of 250,000 shares of authorized and unissued Common Stock for issuance pursuant to this Plan. To the extent that an Award is canceled, terminates, expires, is forfeited or lapses for any reason, any shares of Common Stock subject to the
Award will again be available for issuance under the Plan. If the exercise price of an Option is satisfied by delivering shares of Common Stock to the Company (by either actual delivery or attestation), only the number of shares issued in excess of
the delivery or attestation shall be considered for purposes of determining the maximum number of shares remaining available for issuance under the Plan. 
 ARTICLE 5 
 EQUITY AWARDS 

5.1. STOCK OPTION AWARDS.  
 (a) Stock Option Grants. On the date that a new Non-Employee Director is initially elected or appointed to the Board (or as otherwise provided under Section 5.4), the Board may, but need not,
grant such Non-Employee Director an Option to purchase a number of shares of the Company’s Common Stock. The number of shares of Common Stock subject to the Option shall be determined by the Board in its discretion. 

 (b) Exercise Price. The exercise price for any Option granted under the Plan shall be
the Fair Market Value of the shares of Common Stock subject to the Option on the date of grant (the “Option Grant Date”). 
 (c) Medium and Time of Payment. The exercise price shall be payable in full upon the exercise of an Option in (i) cash, and/or (ii) through a “net” exercise arrangement, whereby
the Company shall retain from the Option that number of Option shares having a Fair Market Value on the date of exercise equal to some or all of the exercise price. 
 (d) Term. Each Option granted under the Plan shall, to the extent not previously exercised, terminate and expire on the date ten (10) years after the Option Grant Date, unless earlier
terminated as provided hereinafter. Upon termination of the Grantee’s membership on the Board for any reason other than for cause (including without limitation by reason of death, Disability, Retirement or failure to be re-nominated or
re-elected as a director), the Options held by the Grantee under the Plan, to the extent they were exercisable on the date of termination, shall remain exercisable until the earlier of (i) the original expiration date of the Option, or
(ii) the first anniversary of the Grantee’s termination as a director. In the event of the death of the Grantee, the Grantee’s personal representatives, heirs or legatees may exercise the Options held by the Grantee on the date of
death, upon proof satisfactory to the Company of their authority. Such exercise otherwise shall be subject to the terms and conditions of the Plan. If the Grantee’s membership on the Board of Directors is terminated for cause, all options
granted to such Grantee shall expire upon such termination. 
 (e) Vesting of Options. Each Option granted under this
Plan shall vest and become exercisable six (6) months after the Option Grant Date, or upon the earlier occurrence of (i) the Non-Employee Director’s termination of service as a director by reason of his or her death, Disability or
Retirement, or (ii) a Change in Control of the Company. 
 (f) Method of Exercise. All Options granted under the
Plan shall be exercised by an irrevocable written notice directed to the Secretary of the Company at the Company’s principal place of business or to such other person or place as the Secretary shall direct. Such written notice shall be
accompanied by payment in full of the exercise price for the shares for which such Option is being exercised. The Company shall make delivery of certificates representing the shares for which an Option has been exercised within a reasonable period
of time; provided, however, that if any law, regulation or agreement requires the Company to take any action with respect to the shares for which an Option has been exercised before the issuance thereof, then the date of delivery of such shares
shall be extended for the period necessary to take such action. Certificates representing shares for which Options are exercised under the Plan may bear such restrictive legends as may be necessary or desirable in order to comply with applicable
federal and state securities laws. Nothing contained in the Plan shall be construed to require the Company to register any shares of Common Stock underlying Options granted under this Plan. 

(g) Transferability of Options. No Option granted hereunder shall be assignable or transferable by the Grantee except by will, by
the laws of descent and distribution, or pursuant to a qualified domestic relations order that would satisfy Section 414(p)(1)(A) of the Internal Revenue Code of 1986, as amended, if such provision applied to an Option under the Plan.

 (h) Rights as Shareholder. Neither the Grantee nor the Grantee’s personal representatives, heirs, legatees or
transferees shall have rights as a shareholder of the Company with respect to shares of Common Stock covered by the Grantee’s Option until the Grantee or such other person becomes the holder of record of such shares. 

(i) Option Agreements. All Options shall be evidenced by a written Option Agreement between the Company and the Non-Employee
Director, which shall include such provisions, not inconsistent with the Plan, as may be specified by the Board. 
 5.2.
RESTRICTED STOCK AWARDS.  
 (a) Annual Restricted Stock Grants. On the day following each annual meeting of the
Company’s shareholders (or as otherwise provided under Section 5.4), each Non-Employee Director serving as such on that date shall be granted a Restricted Stock Award having an aggregate Fair Market Value equal to an amount established
from time to time by the Board (the “Current Award Value”). Until changed by the Board, the Current Award Value shall be $80,000. The number of shares of Restricted Stock so awarded to each Non-Employee Director shall be determined by
dividing the Current Award Value by the Fair Market Value per share as of the date of grant (rounded up to the 

 nearest hundred shares). In addition, any person who first becomes a Non-Employee Director on a date other
than a regularly scheduled annual meeting of the Company’s shareholders shall be granted a Restricted Stock Award which shall consist of a number of shares of Restricted Stock equal to the Current Award Value divided by the Fair Market Value
per share as of the date of grant, multiplied by a fraction, the numerator of which is the number of full months before the next regularly scheduled annual meeting of the Company’s shareholders, and the denominator of which is 12 (rounded up to
the nearest hundred shares). 
 (b) Reduced Awards. Each day that Restricted Stock Awards are to be granted under the
Plan is referred to hereinafter as a “Restricted Stock Grant Date.” If on any Restricted Stock Grant Date, shares of Common Stock are not available to grant to Non-Employee Directors the full amount of a grant contemplated by the
immediately preceding paragraph, then each Non-Employee Director shall receive a Restricted Stock Award (a “Reduced Grant”) in an amount equal to the number of shares of Common Stock then available, divided by the number of Non-Employee
Directors as of the applicable Restricted Stock Grant Date. Fractional shares shall be ignored and not granted. 
 If a Reduced
Grant has been made and, thereafter, during the term of this Plan, additional shares of Common Stock become available for grant (e.g., by an amendment approved by the shareholders or because of the forfeiture or lapse of a Restricted Stock Award),
then each person who was a Non-Employee Director both on the Restricted Stock Grant Date on which the Reduced Grant was made and on the date additional shares of Common Stock become available (a “Continuing Non-Employee Director”) shall
receive an additional Restricted Stock Award. The number of newly available shares shall be divided equally among the Restricted Stock Awards granted to the Continuing Non-Employee Directors; provided, however, that the aggregate number of shares of
Common Stock subject to a Continuing Non-Employee Director’s additional Restricted Stock Award plus any prior Reduced Grant to the Continuing Non-Employee Director on the applicable Restricted Stock Grant Date shall not exceed the number of
shares of Common Stock (rounded up to the nearest hundred shares) equal to the Current Award Value. If more than one Reduced Grant has been made, available Restricted Stock Awards shall be granted beginning with the earliest such Restricted Stock
Grant Date. 
 (c) Additional Restricted Stock Award. The Board may also, in its discretion, grant a new Non-Employee
Director, on the date that he or he is initially elected or appointed to the Board, an additional Restricted Stock Award for such number of shares of Common Stock as shall be determined by the Board in its discretion. 

(d) Award Restrictions. Common Stock subject to a Restricted Stock Award may not be transferred or sold by the Non-Employee
Director and is subject to forfeiture until vested in accordance with Section 5.2(e). 
 (e) Vesting of Restricted Stock
Awards. Each Restricted Stock Award granted under this Plan shall vest and become non-forfeitable as to 100% of the shares six (6) months after the Restricted Stock Grant Date, or upon the earlier occurrence of (i) the Non-Employee
Director’s termination of service as a director by reason of his or her death, Disability or Retirement, or (ii) a Change in Control of the Company. Upon the Non-Employee Director’s termination of service as a director for any other
reason, the Non-Employee Director shall forfeit all of his or her right, title and interest in and to the Restricted Stock as of the date of termination, and such shares of Restricted Stock shall revert to the Company immediately following the event
of forfeiture. 
 (f) Rights as Shareholder. During the period in which any shares of Common Stock are subject to the
restrictions on transfer imposed under Section 5.2(d), the Grantee shall have all the rights of a shareholder with respect to such shares, including, without limitation, the right to vote such shares and to receive dividends. 

(g) Restricted Stock Award Agreements. All Restricted Stock Awards shall be evidenced by a written Restricted Stock Award
Agreement between the Company and the Non-Employee Director, which shall include such provisions, not inconsistent with the Plan, as may be specified by the Board. 
 5.3. ADJUSTMENTS.  
 (a) Mandatory Adjustments. In the event of a
nonreciprocal transaction between the Company and its shareholders that causes the per-share value of the Common Stock to change (including, without limitation, any stock dividend, stock split, spin-off, rights offering, or large nonrecurring cash
dividend), the authorization limits under Article 4 shall be adjusted proportionately, and the Board shall make such adjustments to the Plan and awards as it deems necessary, in its sole discretion, to prevent dilution or enlargement of rights
immediately resulting from 

 such transaction. Action by the Board may include: (i) adjustment of the number and kind of shares that
may be delivered under the Plan; (ii) adjustment of the number and kind of shares subject to outstanding awards; (iii) adjustment of the exercise price of outstanding awards or the measure to be used to determine the amount of the benefit
payable on an award; and (iv) any other adjustments that the Board determines to be equitable. Without limiting the foregoing, in the event of a subdivision of the outstanding Common Stock (stock-split), a declaration of a dividend payable in
shares of Common Stock, or a combination or consolidation of the outstanding Common Stock into a lesser number of shares of Common Stock, the authorization limits under Article 4 shall automatically be adjusted proportionately, and the shares of
Common Stock then subject to each award shall automatically, without the necessity for any additional action by the Board, be adjusted proportionately without any change in the aggregate purchase price therefor. 

(b) Discretionary Adjustments. Upon the occurrence or in anticipation of any corporate event or transaction involving the Company
(including, without limitation, any merger, reorganization, recapitalization, combination or exchange of shares, or any transaction described in Section 5.3(a)), the Board may, in its sole discretion, provide (i) that awards will be
settled in cash rather than Common Stock, (ii) that awards will become immediately vested and exercisable and will expire after a designated period of time to the extent not then exercised, (iii) that awards will be assumed by another
party to a transaction or otherwise be equitably converted or substituted in connection with such transaction, (iv) that outstanding awards may be settled by payment in cash or cash equivalents equal to the excess of the Fair Market Value of
the underlying Common Stock, as of a specified date associated with the transaction, over the exercise price of the award, and (v) any combination of the foregoing. The Board’s determination need not be uniform and may be different for
different participants whether or not such participants are similarly situated. 
 (c) General. Any discretionary
adjustments made pursuant to this Section 5.3 shall be subject to the provisions of Section 6.1. 
 5.4.
DETERMINATION OF GRANT DATE. Notwithstanding the provisions of Section 5.1(a) and Section 5.2 herein regarding the date of grant of Options and annual or other Restricted Stock Awards, the Board shall have authority, in its
discretion, to modify, suspend or delay the grant date for any such Awards in the event that the grant date established under Section 5.1(a) and/or Section 5.2, as the case may be, would not occur during an open “window” for
stock transactions under the Company’s insider trading compliance program or if the Board otherwise determines that such modification, suspension or delay of the grant date is necessary or appropriate. 

ARTICLE 6 

AMENDMENT, MODIFICATION AND TERMINATION 
 6.1. AMENDMENT, MODIFICATION AND TERMINATION. The Board may, at any time and from time to time, amend, modify or terminate the Plan without shareholder approval; provided, however, that if an
amendment to the Plan would, in the reasonable opinion of the Board, (i) materially increase the benefits accruing to participants, (ii) materially increase the number of shares of Common Stock available under the Plan,
(iii) materially modify the requirements for eligibility, (iv) expand the types of awards available under the Plan, (v) materially extend the term of the Plan, or (vi) otherwise constitute a material change requiring shareholder
approval under applicable laws, policies or regulations or the applicable listing or other requirements of a securities exchange on which the Common Stock is listed or traded, then such amendment shall be subject to shareholder approval; and
provided further, that the Board may condition any other amendment or modification on the approval of shareholders of the Company for any reason. 
 6.2. EFFECT ON OUTSTANDING AWARDS. No termination, amendment, or modification of the Plan shall adversely affect any Award previously granted under the Plan, without the written consent of the
Non-Employee Director. An outstanding Option shall not be deemed to be “adversely affected” by a Plan amendment if such amendment would not reduce or diminish the value of such Option determined as if the Option had been exercised, vested,
cashed in or otherwise settled on the date of such amendment (with the per-share value of an Option for this purpose being calculated as the excess, if any, of the Fair Market Value as of the date of such amendment over the exercise or base price of
such Option). 

 ARTICLE 7 
 GENERAL PROVISIONS 
 7.1. EXPENSES OF THE PLAN. The expenses of
administering the Plan shall be borne by the Company. 
 7.2. EFFECTIVE DATE. The Plan was originally adopted by the
Board on October 24, 2003 and was approved by the shareholders and became effective on December 4, 2003 (the “Effective Date”). The Plan was amended and restated by the Board on October 19, 2006 and approved by the
shareholders on December 7, 2006 and further amended by the Board on November 18, 2010. 
 7.3. DURATION OF THE
PLAN. The Plan shall remain in effect until the day immediately following the 2016 annual meeting of Company’s shareholders, unless terminated earlier by the Board.Form of Incentive Stock Option Award Certificate

 Exhibit 10.2 
 INCENTIVE STOCK OPTION AWARD CERTIFICATE 
 Non-transferable

 GRANT TO 
  

 
 (the
“Optionee”) 
 the right to purchase from ScanSource, Inc. (the “Company”) 

shares of its common stock, no par value, at the price of $            
per share (the “Shares”) 
 pursuant to and subject to the provisions of the ScanSource, Inc. Amended and Restated 2002
Long-Term Incentive Plan (the “Plan”) and to the terms and conditions set forth in this Award Certificate (the “Award Certificate”). This Award Certificate describes terms and conditions of the Incentive Stock Option (the
“Option”) granted herein and constitutes an agreement between the Optionee and the Company. 
 Unless vesting is accelerated in
accordance with the Plan or the Award Certificate, the Option shall vest and become exercisable ratably in three annual installments, commencing as of the first anniversary of the Grant Date (as defined below), provided that Optionee has been
continuously employed by the Company from the Grant Date until each respective anniversary of the Grant Date. 
 IN WITNESS WHEREOF,
ScanSource, Inc., acting by and through its duly authorized officers, has caused this Award Certificate to be executed as of the Grant Date. 
  

			
	SCANSOURCE, INC.
		
	By:	 	  
	Its:	 	 Authorized Officer

 Grant Date (the “Grant Date”): 
 Updated 12/10 

 AWARD CERTIFICATE TERMS AND CONDITIONS 
 1. Grant of Option. ScanSource, Inc. (the “Company”) hereby grants to the Optionee named on Page 1 hereof (the “Optionee”), under the ScanSource, Inc. Amended and
Restated 2002 Long-Term Incentive Plan (the “Plan”), an Incentive Stock Option (the “Option”) to purchase from the Company, on the terms and on conditions set forth in this Award Certificate, the number of shares indicated on
Page 1 of the Company’s no par value common stock, at the exercise price per share set forth on Page 1. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan. 

2. Vesting of Option. The Option shall vest and become exercisable in accordance with the schedule shown on page 1 of this Award Certificate.
Notwithstanding the foregoing vesting schedule, (a) upon the Optionee’s death or Disability during his or her Continuous Status as a Participant, or (b) upon the Optionee’s Retirement, or (c) if the Optionee’s
employment is terminated by the Company without Cause or by the Optionee for Good Reason within twelve (12) months after the effective date of a Change in Control, then the Option shall become fully vested and exercisable. 

3. Term of Option and Limitations on Right to Exercise. The term of the Option will be for a period of ten (10) years, expiring at 5:00 p.m.,
Eastern Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Option will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:

 (a) Three months after the termination of the Optionee’s Continuous Status as a Participant for any reason other than
(i) termination for Cause or (ii) by reason of the Optionee’s death or Disability. 
 (b) Twelve months after the
date of the termination of the Optionee’s Continuous Status as a Participant by reason of Disability. 
 (c) Twelve months
after the date of the Optionee’s death, if the Optionee dies while employed, or during the three-month period described in subsection (a) above or during the twelve-month period described in subsection (b) above and before the Option
otherwise lapses. Upon the Optionee’s death, the Option may be exercised by the Optionee’s beneficiary designated pursuant to the Plan. 
 (d) 5:00 p.m., Eastern Time, on the date of the termination of the Optionee’s Continuous Status as a Participant if such termination is for Cause. 

Subject to compliance with Section 409A of the Code, the Committee may, prior to the lapse of the Option under the circumstances described in
sections (a), (b), (c) or (d) above, extend the time to exercise the Option as determined by the Committee in writing, but if the Option is so extended, then to the extent that the Option is exercised more than three months after the
termination of the Optionee’s employment other than by death or Disability, or more than one year after the Optionee’s Disability, the Option will automatically become a Non-Qualified Stock Option. If the Optionee or his or her beneficiary
exercises the Option after termination of employment or service, the Option may be exercised only with respect to the portion of the Option that was otherwise vested on the date of the Optionee’s termination of employment or service, including
any portion of the Option that became vested by acceleration under Section 2. 
 4. Exercise of Option. The Option shall be
exercised by (a) written notice directed to the Secretary of the Company or his or her designee at the address and in the form specified by the Secretary from time to time, and (b) payment to the Company in full for the Shares subject to such
exercise (unless the exercise is a broker-assisted cashless exercise, as described below). If the person exercising the Option is not the Optionee, such person shall also deliver with the notice of exercise appropriate proof of his or her right to
exercise the Option. Payment for such Shares shall be in (a) cash, (b) Shares previously acquired by the purchaser, (c) withholding of Shares from the Option, or (d) any combination thereof, for the number of Shares specified in such written notice.
The value of surrendered or withheld Shares for this purpose shall be the Fair Market Value as of the last trading day immediately prior to the exercise date. To the extent permitted under Regulation T of the Federal Reserve Board, and subject to
applicable securities laws and any limitations as may be applied from time to time by the Committee (which need not be uniform), the Option may be exercised through a broker in a so-called “cashless exercise” whereby the broker sells
Shares subject to the Option on behalf of the Optionee and delivers cash sales proceeds to the Company in payment of the exercise price. In such case, the date of exercise shall be deemed to be the date on which notice of exercise is received by the
Company and the exercise price shall be delivered to the Company by the settlement date. 

 5. Notification of Disposition; Withholding; Tax Matters. The Optionee agrees to notify the Company
in writing within 30 days of any disposition of Shares acquired by the Optionee pursuant to the exercise of the Option, if such disposition occurs within two years of the Grant Date, or one year of the date of exercise, of the Option. The Company or
any Affiliate has the authority and the right to deduct or withhold, or require the Optionee to remit to the Company or an Affiliate, an amount sufficient to satisfy any federal, state, local and foreign taxes required by law to be withheld with
respect to the Option or the Shares. The withholding requirement may be satisfied, in whole or in part, at the election of the Company, by withholding from the Shares otherwise issuable that number of Shares having a Fair Market Value on the date of
withholding equal to the minimum amount (and not any greater amount) required to be withheld for tax purposes, all in accordance with such procedures as the Committee establishes. The obligations of the Company under this Award Certificate will be
conditional on such payment or arrangements, and the Company or, where applicable, its Affiliates, will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the Optionee. The Optionee
acknowledges that the Company has made no warranties or representations to the Optionee with respect to the legal, tax or investment consequences (including but not limited to income tax consequences) related to the grant of the Option or the
acquisition or disposition of the Shares (or any other benefit), and the Optionee is in no manner relying on the Company or its representatives for legal, tax or investment advice related to the Option or the Shares. The Optionee acknowledges that
there may be adverse tax consequences upon the grant of the Option and/or the acquisition or disposition of the Shares subject to the Option and that the Optionee has been advised that he or she should consult with his or her own attorney,
accountant and/or tax advisor regarding the transactions contemplated by the Option and this Award Certificate. The Optionee also acknowledges that the Company has no responsibility to take or refrain from taking any actions in order to achieve a
certain tax result for the Optionee. 
 6. Beneficiary Designation. The Optionee may, in the manner determined by the Committee,
designate a beneficiary to exercise the rights of the Optionee hereunder and to receive any distribution with respect to the Option upon the Optionee’s death. A beneficiary, legal guardian, legal representative, or other person claiming any
rights hereunder is subject to all terms and conditions of this Award Certificate and the Plan and to any additional restrictions deemed necessary or appropriate by the Committee. If no beneficiary has been designated or survives the Optionee, the
Option may be exercised by the legal representative of the Optionee’s estate, and payment shall be made to the Optionee’s estate. Subject to the foregoing, a beneficiary designation may be changed or revoked by the Optionee at any time
provided the change or revocation is filed with the Company. 
 7. Limitation of Rights. The Option does not confer to the Optionee or
the Optionee’s beneficiary designated pursuant to Section 6 any rights of a shareholder of the Company unless and until Shares are in fact issued to such person in connection with the exercise of the Option. Nothing in this Award
Certificate shall interfere with or limit in any way the right of the Company or any Affiliate to terminate the Optionee’s employment or service at any time, nor confer upon the Optionee any right to continue in the employ or service of the
Company or any Affiliate. 
 8. Restrictions on Transfer and Pledge. No right or interest of the Optionee in the Option may be pledged,
encumbered, or hypothecated to or in favor of any party other than the Company or an Affiliate, or shall be subject to any lien, obligation, or liability of the Optionee to any other party other than the Company or an Affiliate. The Option is not
assignable or transferable by the Optionee other than by will or the laws of descent and distribution (or as otherwise provided under the Plan). The Option may be exercised during the lifetime of the Optionee only by the Optionee. 

9. Interpretation. It is the intent of the parties hereto that the Option qualifies for incentive stock option treatment pursuant to, and to the
extent permitted by, Section 422 of the Code. All provisions hereof are intended to have, and shall be construed to have, such meanings as are set forth in applicable provisions of the Code and Treasury Regulations to allow the Option to so
qualify. To the extent that any portion of the Option fails to qualify for incentive stock option treatment pursuant to Section 422 of the Code, such nonqualifying portion of the Option shall be a Non-Qualified Stock Option. 

10. Plan Controls. The terms contained in the Plan are incorporated into and made a part of this Award Certificate and this Award Certificate
shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the provisions of the Plan and the provisions of this Award Certificate, the provisions of the Plan shall be controlling and
determinative (unless the Committee determines otherwise). 

 11. Successors. This Award Certificate shall be binding upon any successor of the Company, in
accordance with the terms of this Award Certificate and the Plan. 
 12. Severability. If any one or more of the provisions contained in
this Award Certificate is invalid, illegal or unenforceable, the other provisions of this Award Certificate will be construed and enforced as if the invalid, illegal or unenforceable provision had never been included. 

13. Notice. Notices and communications under this Award Certificate must be in writing and either personally delivered or sent by registered or
certified United States mail, return receipt requested, postage prepaid. Notices to the Company must be addressed to: ScanSource, Inc., 6 Logue Court, Greenville, SC 29615, Attn: Secretary, or any other address designated by the Company in a
written notice to the Optionee. Notices to the Optionee will be directed to the address of the Optionee then currently on file with the Company, or at any other address given by the Optionee in a written notice to the Company.

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