Document:

EX-10.4

Exhibit 10.4

AMENDMENT NO. 8 TO AMENDED AND RESTATED

RECEIVABLES PURCHASE AGREEMENT

This Amendment No. 8 to Amended and Restated Receivables Purchase Agreement (this
“Amendment”) is dated as of August 1, 2006, among Avnet Receivables Corporation, a Delaware
corporation (“Seller”), Avnet, Inc., a New York corporation (“Avnet”), as initial
Servicer (the Servicer together with Seller, the “Seller Parties” and each a “Seller
Party”), each Financial Institution signatory hereto (collectively, the “Financial
Institutions”), each Company signatory hereto (the “Companies”) and JPMorgan Chase
Bank, N.A. (successor by merger to Bank One, NA (Main Office Chicago), as agent for the Purchasers
(the “Agent”).

RECITALS

Each of the parties hereto entered into that certain Amended and Restated Receivables Purchase
Agreement, dated as of February 6, 2002, and amended such Amended and Restated Receivables Purchase
Agreement pursuant to Amendment No. 1 thereto, dated as of June 26, 2002, and further amended such
Amended and Restated Receivables Purchase Agreement pursuant to Amendment No. 2 thereto, dated as
of November 25, 2002, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 3 thereto, dated as of December 9, 2002, and further amended such Amended
and Restated Receivables Purchase Agreement pursuant to Amendment No. 4 thereto, dated as of
December 12, 2002, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 5 thereto, dated as of June 23, 2003, and further amended such Amended
and Restated Receivables Purchase Agreement pursuant to Amendment No. 6 thereto, dated as of August
15, 2003, and further amended such Amended and Restated Receivables Purchase Agreement pursuant to
Amendment No. 7 thereto, dated as of August 3, 2005 (such Amended and Restated Receivables Purchase
Agreement, as so amended, the “Purchase Agreement”).

Each Seller Party has requested that the Agent and the Purchasers amend certain provisions of
the Purchase Agreement, all as more fully described herein.

Subject to the terms and conditions thereof, each of the parties hereto now desires to amend
the Purchase Agreement as more particularly described herein.

AGREEMENT

NOW, THEREFORE, in consideration of the premises, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:

Section 1. Definitions Used Herein. Capitalized terms used herein and not otherwise
defined herein shall have the respective meanings set forth for such terms in, or incorporated by
reference into, the Purchase Agreement.

Section 2. Amendment. Subject to the terms and conditions set forth herein, Exhibit
I to the Purchase Agreement is hereby amended by amending and restating in its entirety the
definition of “Liquidity Termination Date” appearing in such exhibit to read as follows:

“Liquidity Termination Date” means August 31, 2006.

Section 3. Conditions to Effectiveness of this Amendment. This Amendment shall
become effective as of the date hereof, upon the satisfaction of the conditions precedent that:

(a) Amendment. The Agent shall have received, on or before the date hereof, executed
counterparts of this Amendment, duly executed by each of the parties hereto.

(b) No Amortization Event. As of the date hereof, both before and after giving
effect to this Amendment, no Amortization Event or Potential Amortization Event shall have occurred
and be continuing (and by its execution hereof, each of Seller and the Servicer shall be deemed to
have represented and warranted such).

Section 4. Miscellaneous.

(a) Effect; Ratification. The amendments set fort herein are effective solely for
the purposes set forth herein and shall be limited precisely as written, and shall not be deemed to
(i) be a consent to, or an acknowledgment of, any amendment, waiver or modification of any other
term or condition of the Purchase Agreement or of any other instrument or agreement referred to
therein or (ii) prejudice any right or remedy which any Purchaser or the Agent may now have or may
have in the future under or in connection with the Purchase Agreement, as amended hereby, or any
other instrument or agreement referred to therein. Each reference in the Purchase Agreement to
“this Agreement,” “herein,” “hereof” and words of like import and each reference in the other
Transaction Documents to the Purchase Agreement or to the “Receivables Purchase Agreement” or to
the “Purchase Agreement” shall mean the Purchase Agreement as amended hereby. This Amendment shall
be construed in connection with and as part of the Purchase Agreement and all terms, conditions,
representations, warranties, covenants, and agreements set forth in the Purchase Agreement and each
other instrument or agreement referred to therein, except as herein amended, are hereby ratified
and confirmed and shall remain in full force and effect.

(b) Transaction Documents. This Amendment is a Transaction Document executed
pursuant to the Purchase Agreement and shall be construed, administered and applied in accordance
with the terms and provisions thereof.

(c) Costs, Fees and Expenses. Without limiting Section 10.3 of the Purchase
Agreement, Seller agrees to reimburse the Agent and the Purchasers upon demand for all reasonable
and documented out-of-pocket costs, fees and expenses (including the reasonable fees and expenses
of counsels to any of the Agent and the Purchasers) incurred in connection with the preparation,
execution and delivery of this Amendment.

(d) Counterparts. This Amendment may be executed in any number of counterparts, each
such counterpart constituting an original and all of which when taken together shall constitute one
and the same instrument.

(e) Severability. Any provision contained in this Amendment that is held to be
inoperative, unenforceable or invalid in any jurisdiction shall, as to that jurisdiction, be
inoperative, unenforceable or invalid without affecting the remaining provisions of this Amendment
in that jurisdiction or the operation, enforceability or validity of such provision in any other
jurisdiction.

(f) GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK EXCLUDING CHOICE-OF-LAW PRINCIPLES OF THE LAW OF SUCH STATE THAT
WOULD REQUIRE THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN SUCH STATE.

(g) WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES TRIAL BY JURY IN ANY
JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT,
CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AMENDMENT, ANY
DOCUMENT EXECUTED BY ANY SELLER PARTY PURSUANT TO THIS AMENDMENT OR THE RELATIONSHIP ESTABLISHED
HEREUNDER OR THEREUNDER.

(h) Funding Agreement Consent. By its execution hereof, JPMorgan Chase Bank, N.A.
(successor by merger to Bank One, NA (Main Office Chicago)), in its capacity as a part to any
applicable Funding Agreement with or for the benefit of Preferred Receivables Funding Corporation
(“Prefco”), hereby (i) consents to Prefco’s execution of this Amendment and the
transactions contemplated hereby, (ii) acknowledges that this Amendment has been made available to
and has been reviewed by it, (iii) consents to this Amendment and (iv) deems this paragraph to
satisfy any applicable requirements regarding this Amendment set forth in any such Funding
Agreement.

1

(Signature Pages Follow)

2

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered
by their respective duly authorized officers as of the date first written above.

AVNET RECEIVABLES CORPORATION,

as Seller

	 	 	 
	By:/s/ Raymond Sadowski

	 

	Name:

Title:

	 	Raymond Sadowski

President

AVNET, INC.,

as Servicer

	 	 	 
	By:/s/ Raymond Sadowski

	 

	Name:

Title:

	 	Raymond Sadowski

Senior Vice President and CFO

PREFERRED RECEIVABLES FUNDING

COMPANY, LLC (formerly known as Preferred

Receivables Funding Corporation),

as a Company

	 	 	 
	By:/s/ Mark Connor

	 	

	 

	Name:

Title:

	 	Mark Connor

Vice President

JPMORGAN CHASE BANK, N.A. (successor by

merger to Bank One, NA (Main Office

Chicago)), as to a Financial Institution and as

Agent

	 	 	 
	By:/s/ Mark Connor

	 	

	 

	Name:

Title:

	 	Mark Connor

Vice President
	 
	 	 

3

LIBERTY STREET FUNDING CORP.,

as a Company

	 	 	 
	By:/s/ Bernard J. Angelo

	 

	Name:

Title:

	 	Bernard J. Angelo

Vice President

THE BANK OF NOVA SOTIA,

as a Financial Institution

	 	 	 
	By:/s/ Norman Last

	 	

	 

	Name:

Title:

	 	Norman Last

Managing Director
	 
	 	 

4

STARBIRD FUNDING CORPORATION,

as a Company

	 	 	 
	By:/s/ Geraldine St-Louis

	 

	Name:

Title:

	 	Geraldine St-Louis

Vice President

BNP PARIBAS, acting through its New York

Branch, as a Financial Institution

	 	 	 
	By:/s/ Sean Reddington

	 	

	 

	Name:

Title:

	 	Sean Reddington

Managing Director
	 
	 	 
	By:/s/ Michael Gonk

	 	

	 

	Name:

Title:

	 	Michael Gonk

Director
	 
	 	 

5

AMSTERDAM FUNDING CORPORATION,

as a Company

	 	 	 
	By:/s/ Bernard J. Angelo

	 

	Name:

Title:

	 	Bernard J. Angelo

Vice President

ABN AMRO BANK N.V.,

as a Financial Institution

	 	 	 
	By:/s/ Bernard Koh

	 	

	 

	Name:

Title:

	 	Bernard Koh

Director
	 
	 	 
	By:/s/ Kevin J. Hayes

	 	

	 

	Name:

Title:

	 	Kevin J. Hayes

Director
	 
	 	 

6EX-10.5

Exhibit 10.5

AMENDMENT NO. 9 TO AMENDED AND RESTATED

RECEIVABLES PURCHASE AGREEMENT

This Amendment No. 9 to Amended and Restated Receivables Purchase Agreement (this
"Amendment”) is dated as of August 31, 2006, among Avnet Receivables Corporation, a
Delaware corporation (“Seller”), Avnet, Inc., a New York corporation (“Avnet”), as
initial Servicer (the Servicer together with Seller, the “Seller Parties” and each a “Seller
Party”), each Financial Institution signatory hereto (collectively, the “Financial
Institutions”), each Company signatory hereto (the “Companies”) and JPMorgan Chase
Bank, N.A. (successor by merger to Bank One, NA (Main Office Chicago)), as agent for the Purchasers
(the “Agent”).

RECITALS

Each of the parties hereto entered into that certain Amended and Restated Receivables Purchase
Agreement, dated as of February 6, 2002, and amended such Amended and Restated Receivables Purchase
Agreement pursuant to Amendment No. 1 thereto, dated as of June 26, 2002, and further amended such
Amended and Restated Receivables Purchase Agreement pursuant to Amendment No. 2 thereto, dated as
of November 25, 2002, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 3 thereto, dated as of December 9, 2002, and further amended such Amended
and Restated Receivables Purchase Agreement pursuant to Amendment No. 4 thereto, dated as of
December 12, 2002, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 5 thereto, dated as of June 23, 2003, and further amended such Amended
and Restated Receivables Purchase Agreement pursuant to Amendment No. 6 thereto, dated as of August
15, 2003, and further amended such Amended and Restated Receivables Purchase Agreement pursuant to
Amendment No. 7 thereto, dated as of August 3, 2005, and further amended such Amended and Restated
Receivables Purchase Agreement pursuant to Amendment No. 8 thereto, dated as of August 1, 2006
(such Amended and Restated Receivables Purchase Agreement, as so amended, the “Purchase
Agreement”).

Each Seller Party has requested that the Agent and the Purchasers amend certain provisions of
the Purchase Agreement, all as more fully described herein.

Subject to the terms and conditions hereof, each of the parties hereto now desires to amend
the Purchase Agreement as more particularly described herein.

AGREEMENT

NOW, THEREFORE, in consideration of the premises, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:

Section 1. Definitions Used Herein. Capitalized terms used herein and not otherwise
defined herein shall have the respective meanings set forth for such terms in, or incorporated by
reference into, the Purchase Agreement.

Section 2. Amendment. Subject to the terms and conditions set forth herein, the
Purchase Agreement is hereby amended as follows:

(a) The definition of “Eligible Receivable” appearing in Exhibit I to the Purchase Agreement
is hereby amended by replacing the percentage “15%” appearing in clause (iv) of such definition
with the percentage “30%.”

(b) The definition of “Loss Horizon Factor” appearing in Exhibit I to the Purchase Agreement
is hereby amended by amending and restating clause (i) of such definition in its entirety to read
as follows:

	 	(i)	 	the aggregate amount of Receivables, less the amount of such
Receivables that are rebilled to the Obligor, originated during the four
calendar month period then most recently ended, divided by	 

(c) The definition of Liquidity Termination Date” appearing in Exhibit I to the Purchase
Agreement is hereby amended by amending and restating such definition in its entirety to read as
follows:

"Liquidity Termination Date” means August 30, 2007.

(d) Schedule D to the Purchase Agreement is hereby deleted in its entirety and replaced with
Annex A hereto.

Section 3. Conditions to Effectiveness of this Amendment. This Amendment shall become
effective as of the date hereof, upon the satisfaction of the conditions precedent that:

(a) Amendment. The Agent shall have received, on or before the date hereof, executed
counterparts of this Amendment, duly executed by each of the parties hereto.

(b) Representations and Warranties. As of the date hereof, both before and after
giving effect to this Amendment, all of the representations and warranties contained in the
Purchase Agreement and in each other Transaction Document shall be true and correct in all material
respects as though made on the date hereof (and by its execution hereof, each of Seller and the
Servicer shall be deemed to have represented and warranted such).

(c) No Amortization Event. As of the date hereof, both before and after giving effect
to this Amendment, no Amortization Event or Potential Amortization Event shall have occurred and be
continuing (and by its execution hereof, each of Seller and the Servicer shall be deemed to have
represented and warranted such).

(d) Amendment Fee. On or before the date hereof, each Financial Institution shall
have received an Amendment Fee in an amount equal to .05% multiplied by such Financial
Institution’s Commitment.

Section 4. Miscellaneous.

(a) Effect; Ratification. The amendments set forth herein are effective solely for
the purposes set forth herein and shall be limited precisely as written, and shall not be deemed to
(i) be a consent to, or an acknowledgment of, any amendment, waiver or modification of any other
term or condition of the Purchase Agreement or of any other instrument or agreement referred to
therein or (ii) prejudice any right or remedy which any Purchaser or the Agent may now have or may
have in the future under or in connection with the Purchase Agreement, as amended hereby, or any
other instrument or agreement referred to therein. Each reference in the Purchase Agreement to
“this Agreement,” “herein,” “hereof” and words of like import and each reference in the other
Transaction Documents to the Purchase Agreement or to the “Receivables Purchase Agreement” or to
the “Purchase Agreement” shall mean the Purchase Agreement as amended hereby. This Amendment shall
be construed in connection with and as part of the Purchase Agreement and all terms, conditions,
representations, warranties, covenants and agreements set forth in the Purchase Agreement and each
other instrument or agreement referred to therein, except as herein amended, are hereby ratified
and confirmed and shall remain in full force and effect.

(b) Transaction Documents. This Amendment is a Transaction Document executed pursuant
to the Purchase Agreement and shall be construed, administered and applied in accordance with the
terms and provisions thereof.

(c) Costs, Fees and Expenses. Without limiting Section 10.3 of the Purchase
Agreement, Seller agrees to reimburse the Agent and the Purchasers upon demand for all reasonable
and documented out-of-pocket costs, fees and expenses (including the reasonable fees and expenses
of counsels to any of the Agent and the Purchasers) incurred in connection with the preparation,
execution and delivery of this Amendment.

(d) Counterparts. This Amendment may be executed in any number of counterparts, each
such counterpart constituting an original and all of which when taken together shall constitute one
and the same instrument.

(e) Severability. Any provision contained in this Amendment that is held to be
inoperative, unenforceable or invalid in any jurisdiction shall, as to that jurisdiction, be
inoperative, unenforceable or invalid without affecting the remaining provisions of this Amendment
in that jurisdiction or the operation, enforceability or validity of such provision in any other
jurisdiction.

(f) GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK EXCLUDING CHOICE-OF-LAW PRINCIPLES OF THE LAW OF SUCH STATE THAT
WOULD REQUIRE THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN SUCH STATE.

(g) WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES TRIAL BY JURY IN ANY
JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT,
CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AMENDMENT, ANY
DOCUMENT EXECUTED BY ANY SELLER PARTY PURSUANT TO THIS AMENDMENT OR THE RELATIONSHIP ESTABLISHED
HEREUNDER OR THEREUNDER.

(h) Funding Agreement Consent. By its execution hereof, JPMorgan Chase Bank, N.A.
(successor by merger to Bank One, NA (Main Office Chicago)), in its capacity as a party to any
applicable Funding Agreement with or for the benefit of Preferred Receivables Funding Company LLC
(formerly known as Preferred Receivables Funding Corporation) (“Prefco”), hereby (i)
consents to Prefco’s execution of this Amendment and the transactions contemplated hereby, (ii)
acknowledges that this Amendment has been made available to and has been reviewed by it, (iii)
consents to this Amendment and (iv) deems this paragraph to satisfy any applicable requirements
regarding this Amendment set forth in any such Funding Agreement.

(Signature Pages Follow)

1

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and
delivered by their respective duly authorized officers as of the date first written above.

AVNET RECEIVABLES CORPORATION, as Seller

By:

Name:

Title:

AVNET, INC., as Servicer

By:

Name:

Title:

PREFERRED RECEIVABLES FUNDING

COMPANY LLC (formerly known as Preferred

Receivables Funding Corporation),

as a Company

By:

Name:

Title:

JPMORGAN CHASE BANK, N.A. (successor by merger

to Bank One, NA (Main Office Chicago)), as a
Financial Institution and as Agent

By:

Name:

Title:

2

LIBERTY STREET FUNDING CORP., as a Company

By:

Name:

Title:

THE BANK OF NOVA SCOTIA, as a Financial

Institution

By:

Name:

Title:

3

AMSTERDAM FUNDING CORPORATION, as a Company

By:

Name:

Title:

ABN AMRO BANK N.V., as a Financial Institution

By:

Name:

Title:

By:

Name:

Title:

4

STARBIRD FUNDING CORPORATION, as a Company

By:

Name:

Title:

BNP PARIBAS, acting through its New York
Branch, as a Financial Institution

By:

Name:

Title:

By:

Name:

Title:

5

Annex A

SCHEDULE D

PRICING GRID

	 	 	 	 	 	 	 	 	 
	Rating of Long-Term	 	 	 	 
	Debt of Avnet	 	Facility Fee	 	Program Fee
	Category 1	 	 	 	 	 	 	 	 
	BBB or higher by S&P
	 	 	 	 	 	 	 	 
	or Baa2 or higher by
	 	 	 	 	 	 	 	 
	Moody’s
	 	 	0.125	%	 	 	0.175	%
	Category 2
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	BBB- by S&P or Baa3
	 	 	 	 	 	 	 	 
	by Moody’s
	 	 	0.175	%	 	 	0.225	%
	Category 3
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	BB+ by S&P or Ba1 by
	 	 	 	 	 	 	 	 
	Moody’s
	 	 	0.200	%	 	 	0.300	%
	Category 4
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	BB or lower by S&P or
	 	 	 	 	 	 	 	 
	Ba2 or lower by
	 	 	 	 	 	 	 	 
	Moody’s
	 	 	0.300	%	 	 	0.400	%

For purposes of the foregoing, (i) if no rating for Long-Term Debt shall be available from either
Moody’s or S&P, such rating agency shall be deemed to have established a rating for the Long-Term
Debt of Avnet which is one rating grade higher than the subordinated debt rating grade of Avnet,
(ii) if no rating for Long-Term Debt or subordinated debt of Avnet shall be available from either
Moody’s or S&P, each of the Facility Fee and the Program Fee shall be as set forth in Category 4,
(iii) if the ratings established or deemed to have been established by Moody’s and S&P shall fall
within different Categories, each of the Facility Fee and the Program Fee shall be based upon the
numerically higher Category; provided, however, that if such ratings shall differ
by more than one numerical Category, each of the Facility Fee and the Program Fee shall be based on
the Category that is one numerical Category lower than the Category which is the numerically higher
Category and (iv) if any rating established or deemed to have been established by Moody’s or S&P
shall be changed (other than as a result of a change in the rating system of either Moody’s or
S&P), such change shall be effective as of the date on which such change is first announced by the
rating agency making such change. Each such change shall apply to all calculations involving any
of the Facility Fee or the Program Fee during the period commencing on the effective date of such
change and ending on the date immediately preceding the effective date of the next such change. If
the rating system of either Moody’s or S&P shall change, or if any such rating agency shall cease
to be in the business of rating corporate debt obligations, in each case, prior to the Facility
Termination Date, Avnet and the Agent shall negotiate in good faith to amend each of the Facility
Fee and the Program Fee hereunder to reflect such changed rating system or the unavailability of
ratings from such rating agency and, pending the effectiveness of any such amendment, each of the
Facility Fee and the Program Fee shall be determined by reference to the rating most recently in
effect prior to such change or cessation.

6

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