Document:

Form of Stock Unit Agreement (performance vesting), as amended

  
 Exhibit 10.1

 SYNNEX CORPORATION 
 2003 STOCK INCENTIVE PLAN 
 NOTICE OF RESTRICTED STOCK UNIT AWARD

 (AS AMENDED AND RESTATED OCTOBER     , 2010) 

You were granted the following Restricted Stock Units representing Common Stock of SYNNEX Corporation (the “Company”) under the
Company’s 2003 Stock Incentive Plan (the “Plan”), on April 29, 2010. This Notice of Restricted Stock Unit Award and the attached Restricted Stock Unit Agreement amend and restate in their entirety the original Notice of
Restricted Stock Unit Award and Restricted Stock Unit Agreement pursuant to which the Restricted Stock Units were originally granted, effective October     , 2010. 

 

					
		 	Name of Participant:	  	  

			
		 	Total Number of Restricted Stock Units Granted:	  	  

			
		 	Date of Grant:	  	April 29, 2010
			
		 	Vesting Schedule:	  	The Restricted Stock Units will vest on the following Vesting Dates subject to satisfaction of the corresponding Vesting Conditions:

 

									
	 Tranche:
	  	Number of
Restricted Stock
Units	 	  	 Vesting Date
	  	 Vesting Conditions

	 1 - Performance/
      Retention
	  	 	10,000	  	  	Four (4) year anniversary of Date of Grant	  	5% compound annual growth rate (“CAGR”) in earnings before income and taxes (“EBIT”) from continuing operations in fiscal years ending 11/30/11 through 11/30/13,
and continued Service through the Vesting Date
				
	2 – Retention	  	 	10,000	  	  	Four (4) year anniversary of Date of Grant	  	Continued Service through the Vesting Date
				
	 3 – Performance/
      Retention
	  	 	20,000	  	  	Five (5) year anniversary of Date of Grant	  	5% CAGR in EBIT from continuing operations in fiscal years ending 11/30/11 through 11/30/14, and continued Service through the Vesting Date
				
	4 - Retention	  	 	10,000	  	  	Five (5) year anniversary of Date of Grant	  	Continued Service through the Vesting Date

  

			
		  	 Notwithstanding the foregoing, for each tranche of Restricted Stock Units, upon your separation from service (within the meaning of
Section 409A of the Code) due to death or disability (as defined in Treasury Regulation Section 1.409A-3(i)(4)(i)) prior to the Vesting Date, you will become vested in a percentage of your then outstanding Restricted Stock Units determined
by dividing (x) the number of days between the Date of Grant and the date of your death or disability, by (y) the number of days between the Date of Grant and the Vesting Date. For this purpose, the Restricted Stock Units will be
considered outstanding at the time of your death or disability only if there has not already occurred a failure to satisfy any of Vesting Conditions in the preceding schedule. The balance of the Restricted Stock Units will be forfeited.

 
 The Restricted Stock Units subject to performance vesting conditions are intended to
qualify as performance-based compensation under Section 162(m) of the Code. The Committee shall appropriately adjust any evaluation of performance under the foregoing performance criteria to exclude the extraordinary events specified in the
Plan consistent with the requirements of Section 162(m).

 By your signature and the signature of the
Company’s representative below, you and the Company agree that these Restricted Stock Units are granted under and governed by the term and conditions of the Plan and the Restricted Stock Unit Agreement, as amended and restated (the
“Agreement”), both of which are attached to and made a part of this document. 
 By signing this document you
further agree that the Company may deliver by e-mail all documents relating to the Plan or this Award (including without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is
required to deliver to its security holders (including without limitation, annual reports and proxy statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party
under contract with the Company. If the Company posts these documents on a website, it will notify you by e-mail. 

  

							
	[NAME OF PARTICIPANT]	 		  	SYNNEX CORPORATION
				
	  
	 		  	By:	  	  

				
	  
	 		  	Its:	  	  

	Print Name	 		  		  	

  
 SYNNEX CORPORATION

 2003 STOCK INCENTIVE PLAN 
 STOCK UNIT AGREEMENT 
 (AS AMENDED AND RESTATED OCTOBER
    , 2010) 
  

			
	 Payment for Restricted

Stock Units
	  	No cash payment is required for the Restricted Stock Units you receive. You are receiving the Restricted Stock Units in consideration for Services rendered by you.
		
	Vesting	  	 The Restricted Stock Units that you are receiving will vest as shown in the Notice of Restricted Stock Unit Award.

 
 No Restricted Stock Units vest after your Service as an Employee or a Consultant has
terminated for any reason.

		
	Forfeiture	  	 If your Service terminates for any reason, then your Award expires immediately as to the number of Restricted Stock Units that have not
vested before the termination date and do not vest as a result of termination.
  
 This means that the unvested Restricted Stock Units will immediately be cancelled. You receive no payment for Restricted Stock Units that are forfeited.

 
 The Company determines when your Service terminates for this purpose and all purposes
under the Plan and its determinations are conclusive and binding on all persons.

		
	Leaves of Absence	  	 For purposes of this Award, your Service does not terminate when you go on a military leave, a sick leave or another bona fide
leave of absence, if the leave of absence was approved by the Company in writing and if continued crediting of Service is required by the terms of the leave or by applicable law. But your Service terminates when the approved leave ends, unless you
immediately return to active work.
  
 If you go on a leave of absence, then
the vesting schedule specified in the Notice of Stock Unit Award may be adjusted in accordance with the Company’s leave of absence policy or the terms of your leave. If you commence working on a part-time basis, then the vesting schedule
specified in the Notice of Stock Unit Award may be adjusted in accordance with the Company’s part-time work policy or the terms of an agreement between you and the Company pertaining to your part-time schedule.

  
 -1-

  

			
	 Nature of Restricted

Stock Units
	  	Your Restricted Stock Units are mere bookkeeping entries. They represent only the Company’s unfunded and unsecured promise to issue Shares on a future date. As a holder of
Restricted Stock Units, you have no rights other than the rights of a general creditor of the Company.
		
	 No Voting Rights or

Dividends
	  	Your Restricted Stock Units carry neither voting rights nor rights to dividends. Neither you, nor your estate or heirs, have any rights as a stockholder of the Company unless and
until your Restricted Stock Units are settled by issuing Shares. No adjustments will be made for dividends or other rights if the applicable record date occurs before your Shares are issued, except as described in the Plan.
		
	 Restricted Stock Units

Nontransferable
	  	You may not sell, transfer, assign, pledge or otherwise dispose of any Restricted Stock Units. For instance, you may not use your Restricted Stock Units as security for a loan.
If you attempt to do any of these things, your Restricted Stock Units will immediately become invalid.
		
	 Settlement of Restricted

Stock Units
	  	 Each of your vested Restricted Stock Units will be settled when it vests, unless a valid Deferral Election (as defined below) applies
to some or all of your Restricted Stock Units.
  
 At the time of settlement,
you will receive one Share for each vested Restricted Stock Unit; provided, however, that no fractional Shares will be issued or delivered pursuant to the Plan or this Agreement, and the Committee will determine whether cash will be paid in lieu of
any fractional Share or whether such fractional Share and any rights thereto will be canceled, terminated or otherwise eliminated. In addition, the Shares are issued to you subject to the condition that the issuance of the Shares not violate any law
or regulation.

		
	Deferral Elections	  	You may elect to defer the settlement of any Restricted Stock Units that vest pursuant to this Award in accordance with the rules set forth below and any rules and procedures
that may hereafter be adopted by the Committee. Such election (“Deferral Election”) may not extend the settlement of the Restricted Stock Units beyond the earlier of (a) 30 days after your separation from service, as defined for purposes
of Section 409A of the Code (provided, however, that if you are a “specified employee” as defined under Section 409A of the Code upon your separation from service, your Restricted Stock Units may not be settled prior to the six month
anniversary of your separation from service, to the extent required to avoid taxation under Section 409A), or (b) the tenth anniversary of the Date of Grant. Unless otherwise provided by the Committee in accordance

  
 -2-

  

			
		  	with the requirements of Section 409A, Deferral Elections must be in writing, must be received by the Company at its headquarters no later than 30 days following the Date of Grant,
must be irrevocable no later than 30 days following the Date of Grant, and will only be effective with respect to Restricted Stock Units that vest at least 12 months following the date that the Deferral Election is made and becomes
irrevocable.1
		
	 Withholding Taxes and

Stock Withholding
	  	No Shares will be distributed to you unless you have made arrangements acceptable to the Company to pay withholding taxes that may be due as a result of this Award or the settlement
of the Restricted Stock Units. These arrangements, at the sole discretion of the Company, may include (a) having the Company withhold taxes from the proceeds of the sale of Shares, either through a voluntary sale or through a mandatory sale arranged
by the Company (on your behalf pursuant to this authorization, (b) having the Company withhold Shares that otherwise would be distributed to you when the Restricted Stock Units are settled having a Fair Market Value equal to the amount necessary to
satisfy the minimum statutory withholding amount, or (c) any other arrangement approved by the Company. The Fair Market Value of any Shares withheld, determined as of the date when taxes otherwise would have been withheld in cash, will be applied as
a credit against the withholding taxes. You also authorize the Company, or your actual employer, to satisfy all withholding obligations of the Company or your actual employer with respect to this Award from your wages or other cash compensation
payable to you by the Company or your actual employer.
		
	Restrictions on Resale	  	You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will
apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.
		
	No Retention Rights	  	Neither your Award nor this Agreement gives you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its subsidiaries
reserve the right to terminate your Service at any time, with or without cause.

  

 

	1	 For purposes of this paragraph, the Date of Grant shall be deemed the date of this amendment and restatement of the Notice of Restricted Stock Unit
Award and Restricted Stock Agreement. 

  
 -3-

  

			
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Company Shares, the number of Restricted Stock Units covered by this Award shall be adjusted pursuant to
the Plan.
		
	Successors and Assigns	  	Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
heirs, legatees, legal representatives, successors, transferees and assigns.
		
	Notice	  	Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal delivery, receipt or the third
full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may designate by ten (10) days’ advance written notice
to the other party hereto.
		
	Section 409A of the Code	  	This Agreement is intended to comply with Section 409A of the Code, and its provisions shall be interpreted in a manner consistent with such intent. You acknowledge and agree
that changes may be made to this Agreement to avoid adverse tax consequences to you under Section 409A.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions).
		
	 The Plan and Other

Agreements
	  	The text of the Plan is incorporated in this Agreement by reference. Except as otherwise provided, all capitalized terms in this Agreement shall have the meanings assigned to
them in the Plan. This Agreement and the Plan constitute the entire understanding between you and the Company regarding this Award. Any prior agreements, commitments or negotiations concerning this Award are superseded. This Agreement may be amended
by the Committee without your consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the
Company.

 BY SIGNING THE COVER SHEET OF THIS AGREEMENT, 

YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE PLAN. 

  
 -4-Restricted Stock Unit Grant Agreement

  
 Exhibit 10.1

 RESTRICTED STOCK UNIT GRANT AGREEMENT 
 (Employee) 

[            ], 20     

«Name» 
  

	 	Re:	Solera Holdings, Inc. Grant of Restricted Stock Unit 

 Dear «Name»: 
 Solera Holdings, Inc. (the “Company”) is
pleased to advise you that, pursuant to the Company’s 2008 Omnibus Equity Incentive Plan (the “Plan”), the Company’s Compensation Committee has approved the issuance of restricted stock units, to you as set forth below (each an
“RSU” and collectively, the “RSUs”). [This award of RSUs is intended to qualify as “performance-based compensation” within the meaning of Section 162(m) of the Code, and, accordingly is a Performance Award subject
to Sections 9 and 10 of the Plan.] Each RSU is equivalent in value to one share of the Company’s Common Stock, par value $0.01 per share (the “Common Stock”), and will entitle you to receive from the Company, at the times set forth in
this Agreement, one share of Common Stock[, together with any Dividend Equivalents (as defined below)] with respect thereto. Each RSU is subject to the terms and conditions set forth herein and in the Plan. Upon payment to the Company by you of the
aggregate par value thereof, which payment shall be made within 10 days of the applicable vesting date, each share of Common Stock issued with respect to each RSU that vests on such vesting date shall be fully paid and nonassessable. Capitalized
terms used herein but not defined herein shall have the meanings ascribed to such terms in the Plan. 
  

			
	Original Grant Date:	  	«Date»
		
	Total Number of RSUs:	  	«RSUs»
		
	Vesting Dates and Number of RSUs that shall vest:	  	 [25% of the RSUs will vest on
                     and an additional 6.25% of the RSUs will vest on each
                    ,
                    ,
                     and
                     thereafter until the RSUs are fully vested.

 
 [The vesting of the RSUs is be subject to achievement of the following Performance
Target as a condition precedent to vesting: [INSERT PERFORMANCE TARGET] (the “Performance Target”). If the Performance Target is achieved, then the RSUs will vest in accordance with the applicable vesting provisions set forth below; if the
Performance Target is not achieved, then the RSUs will be forfeited and returned to the Plan. If the Performance Target is achieved, 25% of the RSUs will vest on
                     and an additional 6.25% of the RSUs will vest on each
                    ,
                    ,
                     and
                     thereafter until the RSUs are fully vested. To the extent that on any Vesting Date such vesting would otherwise result in
a fractional number of vested RSUs, such fractional RSUs shall not be considered vested at such time and the number of RSUs vesting on such Vesting Date will be rounded down to the nearest whole number of
RSUs.

			
		
	[Dividend Equivalents:	  	The RSUs will accumulate Dividend Equivalents. The Dividend Equivalents shall equal the dividends actually paid with respect to Company’s Common Stock during the vesting
period while (and to the extent) the RSUs remain outstanding and unpaid. The Dividend Equivalents shall be deemed to have been reinvested in additional shares of Common Stock based on the Fair Market Value of a share of Common Stock on the dividend
payment date. Dividend Equivalents will be credited on such additional shares. For purposes of determining the number of Dividend Equivalents accumulated and to be paid with respect any RSUs that become payable, the RSUs which are payable will be
considered to have been outstanding from the Original Grant Date.]

 1. Conformity with Plan. The grant of
RSUs is intended to conform in all respects with, and is subject to all applicable provisions of, the Plan (which is incorporated herein by reference). Inconsistencies between this Agreement and the Plan shall be resolved in accordance with the
terms of the Plan. By executing and returning the enclosed copy of this Agreement, you acknowledge your receipt of this Agreement and the Plan and agree to be bound by all of the terms of this Agreement and the Plan. 

2. Rights of Participants. Nothing in this Agreement shall interfere with or limit in any way the right of the Company or its
stockholders to terminate your duties as a director, officer, or employee at any time (with or without Cause), nor confer upon you any right to continue as a director, officer, or employee of the Company for any period of time, or to continue your
present (or any other) rate of compensation. 

  
 2 

  
 3. Remedies.
The parties hereto shall be entitled to enforce their rights under this Agreement specifically, to recover damages by reason of any breach of any provision of this Agreement and to exercise all other rights existing in their favor. The parties
hereto acknowledge and agree that money damages would not be an adequate remedy for any breach of the provisions of this Agreement and that any party hereto may, in its sole discretion, apply to any court of law or equity of competent jurisdiction
for specific performance and/or injunctive relief (without posting bond or other security) in order to enforce or prevent any violation of the provisions of this Agreement. 
 4. Successors and Assigns. Except as otherwise expressly provided herein, all covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto shall bind and inure
to the benefit of the respective successors and permitted assigns of the parties hereto whether so expressed or not. 
 5.
Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by or invalid under
applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of this Agreement. 
 6. Counterparts. This Agreement may be executed simultaneously in two or more counterparts, each of which shall constitute an original, but all of which taken together shall constitute one and the
same Agreement. 
 7. Descriptive Headings. The descriptive headings of this Agreement are inserted for convenience only
and do not constitute a part of this Agreement. 
 8. Governing Law. THE VALIDITY, CONSTRUCTION, INTERPRETATION,
ADMINISTRATION AND EFFECT OF THE PLAN, AND OF ITS RULES AND REGULATIONS, AND RIGHTS RELATING TO THE PLAN AND TO THIS AGREEMENT, SHALL BE GOVERNED BY THE SUBSTANTIVE LAWS, BUT NOT THE CHOICE OF LAW RULES, OF THE STATE OF DELAWARE. 

9. Notices. All notices, demands or other communications to be given or delivered under or by reason of the provisions of this
Agreement shall be in writing and shall be deemed to have been given when delivered personally or mailed by certified or registered mail, return receipt requested and postage prepaid, to the recipient. Such notices, demands and other communications
shall be sent to you at the address appearing on the first page of this Agreement and to the Company at Solera Holdings, Inc., 15030 Avenue of Science, San Diego, CA 92128 Attn: Chief Financial Officer, or to such other address or to the attention
of such other person as the recipient party has specified by prior written notice to the sending party. 
 10. Entire
Agreement. This Agreement and the terms of the Plan constitute the entire understanding between you and the Company, and supersede all other agreements, whether written or oral, with respect to your RSUs. 

  
 3 

  
 SIGNATURE PAGE TO
RESTRICTED STOCK GRANT AGREEMENT 
 Please execute the extra copy of this Agreement in the space below and return it to the
Chief Financial Officer at Solera Holdings, Inc. to confirm your understanding and acceptance of the agreements contained in this Agreement. 
  

					
	Very truly yours,
	
	SOLERA HOLDINGS, INC.
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

 

					
	Enclosures:	  	1.	  	Extra copy of this Agreement
		  	2.	  	Copy of the Plan

 The undersigned hereby
acknowledges having read this Agreement and the Plan and hereby agrees to be bound by all provisions set forth herein and in the Plan. 
 Dated
as of                      
  

	
	  

	«Name»

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