Document:

Seventh Amendment to Lease Agreement

 Exhibit 10.1 
 SEVENTH AMENDMENT TO AGREEMENT OF LEASE 
 THIS
SEVENTH AMENDMENT TO AGREEMENT OF LEASE (“Seventh Amendment”) is made this 21st day of May, 2012, by and between METRO PARK I, LLC, a Delaware limited liability company (“Landlord”) and
GOVCONNECTION, INC., a Maryland corporation, formerly known as Comteq Federal, Inc. (“Tenant”). 
 W I
T N E S S E T H: 
 WHEREAS, Rockville Office/Industrial Associates, Landlord’s predecessor in interest and
Comteq Federal, Inc., Tenant’s predecessor in interest, entered into that certain Lease dated December 14, 1993 (the “Original Lease”), as amended by that certain First Amendment to Lease dated November 1, 1996 (the
“First Amendment”), as further amended by that certain Second Amendment to Agreement of Lease and Extension of Term dated as of March 31, 1998 (the “Second Amendment”), as further amended by that certain Third Amendment to
Agreement of Lease dated as of August 31, 2000 (the “Third Amendment”), as further amended by that certain Fourth Amendment to Agreement of Lease dated November 20, 2002 (the “Fourth Amendment”), as further amended by
that certain Fifth Amendment to Agreement of Lease dated December 12, 2005 (the “Fifth Amendment”) and as further amended by that certain Sixth Amendment to Agreement of Lease dated September 18, 2008 (the “Sixth
Amendment”) (the Original Lease, First Amendment, Second Amendment, Third Amendment, Fourth Amendment, Fifth Amendment and Sixth Amendment shall be referred to collectively as the “Lease”), pursuant to which Tenant leased that certain
space in the building located at 7501 and 7503 Standish Place, Rockville, Maryland (the “Building”), said leased premises containing approximately Ten Thousand One Hundred Ninety-Six (10,196) rentable square feet of space (the
“Premises”); 
 WHEREAS, the Term of the Lease is scheduled to expire September 30, 2012; and 

WHEREAS, Landlord and Tenant desire to amend the Lease to extend the Term of the Lease and modify and amend certain other terms
and conditions of the Lease as herein provided. 
 NOW, THEREFORE, in consideration of the premises and mutual covenants
and agreements herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree to the following: 

1. Recitals. The recitals set forth above are incorporated herein by this reference with the same force and effect as if
fully set forth hereinafter. 
 2. Capitalized Terms. Capitalized terms not otherwise defined herein shall have
the meaning ascribed to them in the Lease. From and after the date hereof, the Lease and this Seventh Amendment shall be known collectively as the “Lease”. 

  

					
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 3. Term. The Term of the Lease is hereby extended for a period of three
(3) years commencing on October 1, 2012 (the “Renewal Date”) and expiring on September 30, 2015 (inclusively, the “Renewal Term”), unless terminated sooner pursuant to the provisions of the Lease or hereof. From
and after the date hereof, all references in the Lease to “Term,” “Term of the Lease,” “Term hereof,” and the like shall be deemed to include the Renewal Term. 

4. Base Rent. Notwithstanding anything to the contrary contained in the Lease, as of the Renewal Date, Tenant shall pay
Base Rent with respect to the Premises at the times and in the manner set forth in Section 2.1 of the Original Lease, as restated in Paragraph 5 of the Fourth Amendment, according to the following schedule. It is expressly understood that the
following statement is for clarification purposes only, and not meant for purposes of changing the definition of base rent, base year, operating expenses, etc. or the manner in which they are calculated or paid per the existing terms of the Lease:
The Base Rent includes base year operating expenses only (of which electricity is a part) based on the calendar year 2013 which is more fully described in the Lease and in Sections 5 and 6 below. 

 

					
	 Lease Period
	  	Monthly Base Rent	 
		
	 10/01/2012 – 09/30/2013
	  	$	16,993.00	  
	 10/01/2013 – 09/30/2014
	  	$	17,418.00	  
	 10/01/2014 – 09/30/2015
	  	$	17,843.00	  

 5. Base Year. As of the Renewal Date, Section 2.2.4 of the Lease as set forth in
Paragraph 5 of the Fourth Amendment, as amended by Paragraph 5 of the Fifth Amendment and Paragraph 5 of the Sixth Amendment, shall be further modified by deleting the penultimate sentence therefrom and substituting the following in lieu thereof:
“Tenant’s Expense Base Year shall be the calendar year 2013.” 
 6. Proportionate Share. As of the
Renewal Date, the last grammatical sentence of Section 2.2.4 of the Lease as set forth in Paragraph 5 of the Fourth Amendment, shall be deleted in its entirety and the following substituted in lieu thereof: “Tenant’s Proportionate
Share shall be 6.20%.” 
 7. Tenant Improvements. Tenant hereby accepts the Premises in its “as-is”
condition existing on the Renewal Date. Landlord shall have no obligation to make any Tenant improvements to the Premises during the Renewal Term hereof other than the improvements to the Premises in accordance with the Work Letter attached hereto
as Exhibit B-1. 
 8. Brokers. Tenant represents and warrants to Landlord that Tenant has not had any
dealings or entered into any agreements with any person, entity, realtor, broker, agent or finder in connection with the negotiation of this Seventh Amendment other than Jones Lang LaSalle. 

  

					
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 9. Reaffirmation of Terms. Except as expressly modified hereby, all of
the terms, covenants and provisions of the Lease are hereby confirmed and ratified and shall remain unchanged and in full force and effect. 
 10. Representations. Tenant hereby represents and warrants to Landlord that Tenant (i) is not in default of any of its obligations under the Lease and that such Lease is valid,
binding and enforceable in accordance with its terms, (ii) has full power and authority to execute and perform this Seventh Amendment, and (iii) has taken all action necessary to authorize the execution and performance of this Seventh
Amendment. 
 11. Counterpart Copies. This Seventh Amendment may be executed in two or more counterpart
copies, each of which shall be deemed to be an original and all of which counterparts shall have the same force and effect as if the parties hereto had executed a single copy of this Seventh Amendment. 

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 IN WITNESS WHEREOF, Landlord and Tenant have executed this Seventh Amendment as of
the day and year first above written. 
  

											
	LANDLORD:	 	TENANT:
		
	METRO PARK I, LLC,	 	GOVCONNECTION, INC.,
	a Delaware limited liability company	 	a Maryland corporation
				
	By:	 	 PS Business Parks, L.P.,
 a California limited partnership, its
 managing member
	 	By:	 	 /S/ GLYNN W. SCHULZE

		 	 	  
 Name:
	 	  
 Glynn W.
Schulze

		 	 	  
 Title:
	 	  
 Secretary

					
		 	By:	 	PS Business Parks, Inc., a	 		 	
		 		 	 California corporation, its
 general partner
	 		 	
						
		 		 	By:	 	 /S/ EUGENE R. UHLMAN
	 		 	
		 		 		 	      Eugene R. Uhlman	 		 	
		 		 		 	      Regional Manager	 		 	
					
		 	 Date:
	 	5/21/12	 	Date:	 	 May 16, 2012

		 		 	Landlord’s Execution Date	 		 	Tenant’s Execution Date

  

					
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 EXHIBIT B-1 
 TENANT IMPROVEMENT AGREEMENT 
 This Exhibit is attached to and made a part
of the Lease by and between METRO PARK I, LLC, a Delaware limited liability company (“Landlord”) and GOVCONNECTION, INC., a Maryland corporation (“Tenant”) for space in the Building located at 7501 and
7503 Standish Place, Rockville, Maryland 20855. Capitalized terms not otherwise defined in this Exhibit B-1 shall have the meaning given to such terms in the Lease of which this Exhibit B-1 is a part. 

1. In consideration of the mutual covenants contained in the Lease, Landlord agrees to perform the following tenant improvement work in the Premises
(“Tenant Improvements”): 
 DESCRIPTION OF TENANT IMPROVEMENTS 

 

	 	A.	Re-carpet the currently carpeted areas of the Premises. Notwithstanding Landlord’s building standard options, Landlord will agree to supply and install carpet
tiles based upon a reasonable, mutually agreed upon carpet tile selection taking the cost of such carpet tiles into consideration. As part of this work, any areas that currently have vinyl composition tile (VCT) shall be re-tiled using a selection
from Landlord’s building standard VCT options. 

  

	 	B.	Re-paint the Premises including the restrooms, doors and door frames using a selection from Landlord’s building standard options. 

 

	 	C.	Refurbish the existing restrooms based upon the following scope: 

  

	 	1.	Remove the existing flooring and replace with a selection from Landlord’s building standard VCT options. 

 

	 	2.	Remove existing sinks and fixtures and install new building standard sinks and fixtures with laminate countertops and base cabinetry (only). 

 

	 	3.	Remove and update, as needed, the existing toilet paper holders, paper towel holders and mirrors using Landlord’s building standard items.

  

	 	4.	Remove existing lighting and install Landlord’s building standard lighting. 

 

	 	5.	Repair or replace, as necessary, restroom exhaust fans with Landlord’s building standard. 

 2. All the Tenant Improvements described above, if any, shall be performed by Landlord at its cost and expense using Building standard materials and finishes and in the Building standard manner. All other
work and upgrades, subject to Landlord’s approval, shall be at Tenant’s sole cost and expense, plus any applicable state sales or use tax thereon, payable upon demand as additional rent. Tenant shall be responsible for any delay in the
completion of the Tenant Improvements resulting from any such other work and upgrades requested or performed by Tenant. Landlord shall enter into a direct contract for the Tenant Improvements with a general contractor selected by Landlord. In
addition, Landlord shall have the right to select and/or approve of any subcontractors used in connection with the Tenant Improvements. 
 3.
Tenant acknowledges that the Tenant Improvements may be performed by Landlord in the Premises during normal business hours for the Building subsequent to the Renewal Date. Landlord and Tenant agree to cooperate with each other in order to
enable the Tenant Improvements to be performed in a timely manner and with as little inconvenience to the operation of Tenant’s business as is reasonably possible which may include after hours work on behalf of Landlord. Reimbursement or
payment to any employees that Tenant requires to be at the Premises as a result of such after hours work shall be at Tenant’s sole cost and expense. Notwithstanding anything herein to the contrary, any delay in the completion of the Tenant
Improvements or inconvenience suffered by Tenant during the performance of the Tenant Improvements shall not delay the Renewal Date nor shall it subject Landlord to any liability for any loss or damage resulting therefrom or entitle Tenant to
any credit, abatement or adjustment of rent or other sums payable under the Lease. 

  

					
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 4. Without limiting the “as-is” provisions of the Lease, Tenant accepts the Premises in its
“as-is” condition and acknowledges that Landlord has no obligation to make any changes or improvements to the Premises or to pay any costs expended or to be expended in connection with any such changes or improvements, other than the
Tenant Improvements specified in Section 1 of this Exhibit B-1. Landlord’s supervision or performance of any work for or on behalf of Tenant shall not be deemed to be a representation by Landlord that such work complies with
applicable insurance requirements, building codes, ordinances, laws or regulations or that the improvements constructed will be adequate for Tenant’s use. 
 5. This Exhibit B-1 shall not be deemed applicable to any additional space added to the Premises at any time or from time to time, whether by any options under the Lease or otherwise, or to any
portion of the original Premises or any additions to the Premises in the event of a renewal or extension of the original Term of the Lease, whether by any options under the Lease or otherwise, unless expressly so provided in the Lease or any
amendment or supplement to the Lease. Tenant shall not perform any work in the Premises (including, without limitation, cabling, wiring, fixturization, painting, carpeting, replacements or repairs) except in accordance with the Lease. 

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		  	6Form of Stock Equivalent Unit Agreement

 Exhibit 10.2 
 PC CONNECTION, INC. 
 Stock Equivalent Unit Agreement 

Granted Under the Amended and Restated 2007 Stock Incentive Plan 
 AGREEMENT made this [        ] day of [            ], between PC Connection, Inc., a Delaware
corporation (the “Company”), and [insert name of Recipient] (the “Recipient”). 
 For valuable
consideration, receipt of which is acknowledged, the parties hereto agree as follows: 
 1. Issuance of Stock Equivalent
Units. 
 In consideration of services rendered to the Company by the Recipient, the Company shall issue to the Recipient,
subject to the terms and conditions set forth in this Agreement and in the Company’s Amended and Restated 2007 Stock Incentive Plan, as amended (the “Plan”), [insert number of units granted] stock equivalent units (each an
“SEU” and together the “SEUs”), each representing the right to receive a cash amount (the “Cash Amount”) equal to the Fair Market Value (as defined below) of one share of common stock, $0.01 par value, of the Company
(“Common Stock”) upon satisfaction of the vesting conditions set forth in Section 2, such Fair Market Value to be determined on the date such vesting conditions are satisfied. For the purposes herein, “Fair Market Value”
shall mean the last reported sale price of the Common Stock of the Company on the NASDAQ Global Select Market on such vesting date, or if such vesting date is not a NASDAQ Global Select Market trading day, then on the trading day immediately
preceding such vesting date. The Recipient agrees that the SEUs shall be subject to the vesting and forfeiture provisions set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 3 of this Agreement.

 2. Vesting. 
 (a) The SEUs shall vest in accordance with the vesting schedule in Schedule A attached hereto. Any fractional amounts resulting from the application of the foregoing percentages shall be rounded down to
the nearest cent. In the event that the Recipient ceases to be employed or engaged by the Company for any reason or no reason, with or without cause, prior to a vesting date, no further SEUs shall vest and the unvested SEUs shall be automatically
and immediately forfeited to the Company, without the payment of any consideration to the Recipient, effective as of such termination of employment or engagement. The Recipient shall have no further rights with respect to any SEUs that are so
forfeited. 
 (b) If the Recipient is employed or engaged by a subsidiary of the Company, any references in this
Agreement to employment with or engagement by the Company shall instead be deemed to refer to employment with or engagement by such subsidiary. 
 3. Restrictions on Transfer. 
 The Recipient shall not sell,
assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any SEUs, or any interest therein, until such SEUs have vested and any additional restrictions on the sale of such
SEUs set forth in this agreement have expired or been released, except that the Recipient may transfer such SEUs to or for the benefit of any spouse, children, parents, uncles, aunts, siblings, grandchildren and any other relatives approved by the
Compensation Committee (collectively, “Approved Relatives”) or to a trust established solely for the benefit of the Recipient and/or Approved Relatives, provided that such SEUs shall remain subject to this Agreement (including,
without limitation, the vesting and forfeiture provisions set forth in Section 2 and the restrictions on transfer set forth in this Section 3) and such permitted transferee shall, as a condition to such transfer, deliver to the Company a
written instrument confirming that such transferee shall be bound by all of the terms and conditions of this Agreement. 
 (b) The Company shall not be required (i) to transfer on its books any of the SEUs which have been transferred in violation of any of the provisions set forth in this Agreement or (ii) to treat
as owner of such SEUs any transferee to whom such SEUs have been transferred in violation of any of the provisions of this Agreement. 

 4. Distribution of Cash Amount. 

(a) Subject to Section 2 of this Agreement, the Company will distribute to the Recipient, as soon as administratively
practical after the vesting date, the Cash Amount represented by the SEUs that vested on such vesting date. 

(b) The Company shall not be obligated to issue to the Recipient the Cash Amount upon vesting of any SEU (or otherwise)
unless the delivery of such Cash Amount shall comply with all relevant provisions of law and other legal requirements. 
 5.
Provisions of the Plan. 
 This Agreement is subject to the provisions of the Plan, a copy of which is
furnished to the Recipient with this Agreement. 
 6. Withholding Taxes; No Section 83(b) Election. 

(a) The Recipient acknowledges and agrees that the Company has the right to and shall deduct from payments of any kind
otherwise due to the Recipient, including from any Cash Amount that may become payable hereunder, any federal, state or local taxes of any kind required by law to be withheld with respect to the grant or vesting of the SEUs, the delivery of the Cash
Amount to the Recipient upon vesting of the SEUs or otherwise with respect to this Award. The retention of such withholding taxes from the Cash Amount by the Company shall happen automatically, without any action required on the part of the
Recipient, and the Company is hereby authorized to take such actions as are necessary to effect such retention. 

(b) The Recipient has reviewed with the Recipient’s own tax advisors the federal, state, local and foreign tax
consequences of the transactions contemplated by this Agreement. The Recipient is relying solely on such advisors and not on any statements or representations of the Company or any of its agents. The Recipient understands that the Recipient (and not
the Company) shall be responsible for the Recipient’s own tax liability that may arise as a result of the transactions contemplated by this Agreement. The Recipient understands an election under Section 83(b) of the U.S. Internal Revenue
Code is not available with respect to the SEUs. 
 7. Miscellaneous. 

(a) No Rights to Employment or Engagement. The Recipient acknowledges and agrees that the vesting of the SEUs
pursuant to Section 2 hereof is earned only by continuing service at the will of the Company (not through the act of being hired or being issued SEUs hereunder). The Recipient further acknowledges and agrees that the transactions contemplated
hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant or otherwise for the vesting period, for any period, or at all. 

(b) No Voting Rights. The Recipient acknowledges and agrees that he or she has no voting rights with respect to any
SEUs. 
 (c) Severability. The invalidity or unenforceability of any provision of this Agreement shall not
affect the validity or enforceability of any other provision of this Agreement, and each other provision of this Agreement shall be severable and enforceable to the extent permitted by law. 

(d) Waiver. Any provision for the benefit of the Company contained in this Agreement may be waived, either
generally or in any particular instance, by the Board of Directors of the Company. 
 (e) Binding Effect.
This Agreement shall be binding upon and inure to the benefit of the Company and the Recipient and their respective heirs, executors, administrators, legal representatives, successors and assigns, subject to the restrictions on transfer set forth in
Section 3 of this Agreement. 
 (f) Notice. All notices required or permitted hereunder shall be in
writing and deemed effectively given upon personal delivery or five days after deposit in the United States Post Office, by registered or certified mail, postage prepaid, addressed to the other party hereto at the address shown beneath his or its
respective signature to this Agreement, or at such other address or addresses as either party shall designate to the other in accordance with this Section 7(f). 

 (g) Pronouns. Whenever the context may require, any pronouns used in
this Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns and pronouns shall include the plural, and vice versa. 

(h) Entire Agreement. This Agreement and the Plan constitute the entire agreement between the parties, and
supersedes all prior agreements and understandings, relating to the subject matter of this Agreement. 
 (i)
Amendment. This Agreement may be amended or modified only by a written instrument executed by both the Company and the Recipient. 
 (j) Governing Law. This Agreement shall be construed, interpreted and enforced in accordance with the internal laws of the State of Delaware without regard to any applicable conflicts of laws.

 (k) Recipient’s Acknowledgments. The Recipient acknowledges that he or she: (i) has read this
Agreement; (ii) has been represented in the preparation, negotiation, and execution of this Agreement by legal counsel of the Recipient’s own choice or has voluntarily declined to seek such counsel; (iii) understands the terms and
consequences of this Agreement; and (iv) is fully aware of the legal and binding effect of this Agreement. 
 IN WITNESS WHEREOF, the
parties hereto have executed this Agreement as of the day and year first above written. 
  

			
	PC CONNECTION, INC
		
	 By:
	 	 
		 	[insert name of approver]

  

	
	Accepted and Agreed
	
	  
	[insert name of recipient]

  
  

Schedule A 
  

							
	 Granted
	  	X,XXX	  	Units, each vest as follows:
	 Vesting Schedule
	  	    XXX	  	on	  	MM/DD/YYYY
		  	    XXX	  	on	  	MM/DD/YYYY
		  	    XXX	  	on	  	MM/DD/YYYY
		  	    XXX	  	on	  	MM/DD/YYYY
	 Expiration Date:
	  		  		  	MM/DD/YYYY

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