Document:

exv10w1wb

Exhibit 10.1 (b) 

Supplemental Agreement

between

The Royal Bank of Scotland plc acting as agent for National Westminster Bank Plc

and

Anixter Limited and

Anixter International Limited

 

 

THIS IS AN IMPORTANT DOCUMENT. YOU SHOULD TAKE INDEPENDENT LEGAL ADVICE BEFORE SIGNING AND SIGN
ONLY IF YOU WANT TO BE LEGALLY BOUND.

THIS SUPPLEMENTAL AGREEMENT is made between:-

	(1)	 	The Royal Bank of Scotland plc acting as agent for National Westminster Bank Plc (the “Bank”);
and
	 
	(2)	 	Anixter Limited, Company Number 00248952; and Anixter International Limited, Company Number
02265172 (the “Borrowers”)

to set out the basis on which the Bank and the Borrowers have agreed to amend the agreement
entered into between the Bank and the Borrowers dated 12 September 2007 (the “Agreement”) setting
out the terms and conditions upon and subject to which the Bank agreed to make available to the
Borrowers a multi-currency revolving advance facility of £15,000,000 (the “Facility”).

Accordingly:-

	1	 	All words and expressions defined in the Agreement unless the context otherwise requires,
shall have the same meanings in this Supplemental Agreement.
	 
	2	 	The terms and conditions of this Supplemental Agreement shall not come into effect unless the
following conditions are satisfied:-

	 	(a)	 	the Bank has received and is satisfied with the duplicate of this Supplemental
Agreement signed on behalf of each of the Borrowers; and
	 
	 	(b)	 	the Bank has received and is satisfied with a certified copy of the Resolution of
the Board of Directors of each of the Borrowers approving the transaction
contemplated by this Supplemental Agreement and authorising a specified person to sign
this Supplemental Agreement.

	3	 	The Schedule, based upon the Debt Rating, to which the definition of “Applicable Margin”
refers is hereby deleted and replaced with the following:

Schedule

	 	 	 	 	 	 	 	 	 
	Debt Ratings	 	 	 	 
	S&P/Moody’s/Fitch	 	 	Facility Fee	 	Applicable Margin
	3BBB+/Baa1/BBB+
	 	 	0.15	%	 	1.25% per annum
	BBB/Baa2/BBB
	 	 	0.20	%	 	1.50% per annum
	BBB-/Baa3/BBB-
	 	 	0.25	%	 	1.75% per annum
	BB+/Ba1/BB+
	 	 	0.50	%	 	2.00% per annum
	BB/Ba2/BB
	 	 	0.50	%	 	2.25% per annum
	3BB-/Ba3/BB-
	 	 	0.50	%	 	2.50% per annum

The following two Definitions shall be added to the Agreement:-

“LIBOR” means the British Bankers’ Association Interest Settlement Rate for the relevant
currency and duration of the Advance at 11 a.m. on the Rate Fixing Day.

“Rate Fixing Day” means for a Sterling Advance, its drawdown date and for a Foreign Currency
Advance, two Business Days before its drawdown date.

Clauses 3.2 and 4 of the Agreement are hereby deleted and replaced with the following Clauses
3.2 and 4:-

	 	3.2	 	Each request for an Advance shall be made to Global Banking
Markets specifying:-

	 	(a)	 	the currency in which the Advance is to be
denominated;

 

 

	 	(b)	 	the amount of the Advance which shall be not less than £100,000 (or the
Foreign Currency equivalent thereof) or such other amount which is acceptable to
the Bank;
	 
	 	(c)	 	the date on which the Advance is required, which must be a Business Day; and
	 
	 	(d)	 	the duration of the Advance which shall be 1, 3 or 6 months (or such
other duration which is acceptable to the Bank) subject to the provision that the
duration of any Advance shall not extend beyond the expiry date of the Commitment
Period.

	 	 	Each request shall be unconditional and irrevocable and unless otherwise agreed by the Bank
shall require to be received in respect of an Advance denominated in Sterling not later
than 11 a.m. on the Rate Fixing Day and in respect of an Advance denominated in Foreign
Currency not later than 9 a.m. on the Rate Fixing Day.
	 
	4	 	INTEREST

	 	4.1	 	The Borrower shall in respect of each Advance pay to the Bank interest at a
percentage rate per annum which is equivalent to the aggregate of:-

	 	(i)	 	the Applicable Margin above LIBOR; and
	 
	 	(ii)	 	Mandatory Costs in the case of an Advance denominated in Sterling.

	 	 	 	A certificate by the Bank as to the amount of such cost shall be conclusive in the
absence of manifest error.

	 	4.2	 	Interest on each Advance shall be calculated on a daily basis and on a year
of 365 days in the case of an Advance denominated in Sterling and on a year of 360
days (or such other period as may be determined by the Bank to reflect market
convention for the relevant Foreign Currency) in the case of an Advance denominated in
Foreign Currency and shall be paid on maturity of the Advance unless the duration of
the Advance is more than six months in which case interest shall be paid six monthly
and on maturity of the Advance.
	 
	 	4.3	 	If the Bank is unable (whether due to any change in operation or structure of
the London Interbank Market or any other reason) to obtain a LIBOR rate or the Bank
advises the Borrower that the LIBOR rate is less than the cost to the Bank of funding
the Advance, the Bank shall offer a rate equal to the aggregate of:-

	 	(i)	 	2% per annum above the rate representing the cost to the Bank of
funding the Advance from whatever source it may reasonably select; and
	 
	 	(ii)	 	Mandatory Costs in the case of an Advance denominated in Sterling. 

	 
	 	The Bank
shall promptly notify the Borrower of any such circumstances and the rate to apply.

	 	4.4	 	At any time after an Event of Default has occurred, which has not been waived
or remedied, the Bank shall be entitled to charge interest at a rate of 2% per annum
above the rate determined by the Bank in terms of Clause 4.1, in respect of each
Advance (or such other rate as may be determined by the Bank and notified to the
Borrower from time to time) on the aggregate of the Facility and any outstanding
interest up to the earlier of (i) the date on which the Bank notifies the Borrower in
writing that it is satisfied that such Event of Default has been remedied and (ii) the
date on which the Facility is repaid and any other amounts outstanding under this
Agreement have been paid in full. Interest shall be payable at the rate both before
and after demand, court decree or judgment.

	4	 	The Borrowers shall pay to the Bank within 7 days following the execution of this
Supplemental Agreement a fee of £37,500 in consideration of the changes set out in this
Supplemental Agreement.

 

 

	5	 	All other terms and conditions of the Agreement remain unaltered and shall continue in
full force and effect.
	 
	6	 	This Supplemental Agreement and the Agreement shall, as from the date of this
Supplemental Agreement, be read and construed together as constituting the agreement between
the Bank and the Borrowers.

Signed for and on behalf of the Bank

	 	 	 	 	 
	Signature

	 	/s/ Colin Piercy	 	 
	 

	 	 

	 	 

Colin Piercy

Relationship Director

Date
08/18/2009

The Borrowers hereby accept the above terms and conditions

Signed for and on behalf of Anixter Limited in accordance with the authority held by the Bank

	 	 	 	 	 
	Signature

	 	/s/ William Robert Banks	 	 
	 

	 	 

	 	 

Date 09/04/09

Signed for and on behalf of Anixter International Limited in accordance with the authority held
by the Bank

	 	 	 	 	 
	Signature

	 	/s/ William Robert Banks	 	 
	 

	 	 

	 	 

Date 09/04/09

 

 

Resolution re Supplemental Agreement

Extract from the Minutes of a Meeting of the Directors of Anixter Limited (the “Company”)

“After
due consideration of all the circumstances and on being satisfied that it is for the
benefit of the Company and in the interests of the Company for the purpose of carrying on its
business to enter into a supplemental agreement (the “Supplemental Agreement”) in the form now
produced in respect of the Facility of £15,000,000 made available to the Company by The Royal Bank
of Scotland plc acting as agent for National Westminster Bank Plc (the “Bank”) in terms of the
Agreement between the Company and the Bank dated 12 September 2007.

IT WAS RESOLVED that in addition to and without amending, prejudicing or revoking any Bank
Mandate/Company Excerpt Minute or any other instruction/s provided or to be
provided by the
Company to the Bank*       be authorised to
sign on behalf of the Company the Supplemental Agreement”

I hereby certify that the foregoing is a true extract from the Minutes of a Meeting of the
Directors of the Company at which (all appropriate interests having been declared) a quorum
entitled to vote was present
duly held on the *       day of       and that a true
copy of the Supplemental Agreement has been retained by the Company.

Secretary

* Please complete

 

 

Resolution re Supplemental Agreement

Extract from the Minutes of a Meeting of the Directors of Anixter International Limited (the
“Company”)

“After
due consideration of all the circumstances and on being satisfied that it is for the
benefit of the Company and in the interests of the Company for the purpose of carrying on its
business to enter into a supplemental agreement (the “Supplemental Agreement”) in the form now
produced in respect of the Facility of £15,000,000 made available to the Company by The Royal Bank
of Scotland plc acting as agent for National Westminster Bank Plc (the “Bank”) in terms of the
Agreement between the Company and the Bank dated 12 September 2007.

IT WAS RESOLVED that in addition to and without amending, prejudicing or revoking any Bank
Mandate/Company Excerpt Minute or any other instruction/s provided or to be provided by the
Company to the Bank*       be authorised to
sign on behalf of the Company the Supplemental Agreement”

I hereby certify that the foregoing is a true extract from the Minutes of a Meeting of the
Directors of the Company at which (all appropriate interests having been declared) a quorum
entitled to vote was present
duly held on the *       day of       and that a true
copy of the Supplemental Agreement has been retained by the Company.

Secretary

*Please complete

The Royal Bank of Scotland plc is registered in Scotland No 90312

Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB

Agency agreements exist between members of The Royal Bank of Scotland Groupexv10w2

EXHIBIT 10.2

Indemnity Agreement

     Agreement, between Anixter International Inc., a Delaware corporation (the
“Company”), and                                         (the “Indemnitee”) effective as of the date Indemnitee became
an officer or director of the Company.

     Whereas, it is essential to the Company to retain and attract as directors and
officers the most capable persons available;

     Whereas, Indemnitee is a director or officer of the Company;

     Whereas, both the Company and Indemnitee recognize the increased risk of litigation
and other claims being asserted against directors and officers of public companies in today’s
environment;

     Whereas, the by-laws of the Company require the Company to indemnify and advance
expenses to its directors and officers as provided therein and the Indemnitee has been serving and
continues to serve as a director or officer of the Company in part in reliance on such by-laws;

     Whereas, in recognition of Indemnitee’s need for substantial protection against
personal liability in order to enhance Indemnitee’s continued service to the Company in an
effective manner, and Indemnitee’s reliance on the aforesaid by-laws, and in part to provide
Indemnitee with specific contractual assurance the protection promised by such by-laws will be
available to Indemnitee (regardless of, among other things, any amendment to or revocation of such
by-laws or any change in the composition of the Company’s Board of Directors or acquisition
transaction relating to the Company), the Company wishes to provide in this Agreement for the
indemnification of and the advancing of expenses to Indemnitee to the full extent (whether partial
or complete) permitted by law and as set forth in this Agreement, and, to the extent insurance is
maintained, for the continued coverage of Indemnitee under the Company’s directors’ and officers’
liability insurance policies;

     Now, Therefore, in consideration of the premises and of Indemnitee continuing to
serve the Company directly or, at its request, with another enterprise, and intending to be
legally bound hereby, the parties hereto agree as follows:

     1. Certain Definitions:

     (a) Change in Control: shall be deemed to have occurred if (i) any “person” (as such term is
used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended), other than a
trustee or other fiduciary holding securities under an employee benefit plan of the Company or a
corporation owned directly or indirectly by the stockholders of the Company in substantially the
same proportions as their ownership of stock of the Company, is or becomes the “beneficial owner”
(as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company
representing more than 50% of the total voting power represented by the Company’s then outstanding
Voting Securities, or (ii) during any period of two consecutive years, individuals who at the
beginning of such period constitute the Board of Directors of the Company and any new director
whose election by the Board of Directors or nomination for election by the Board of Directors or
nomination for election by the Company’s stockholders was approved by a vote of at least
two-thirds (2/3) of the directors then still in office who either were directors at the beginning
of the period or whose election or nomination for election was previously so approved, cease for
any reason to constitute a majority thereof, or (iii) the stockholders of the Company approve a
merger or consolidation of the Company with any other corporation, other than a merger or
consolidation which would result in the Voting Securities of the Company outstanding immediately
prior thereto continuing to represent (either by remaining

 

 

outstanding or by being converted into Voting Securities of the surviving entity) at least
80% of the total voting power represented by the Voting Securities of the Company or such
surviving entity outstanding immediately after such merger or consolidation, or the stockholders
of the Company approve a plan of complete liquidation of the Company or an agreement for the sale
or disposition by the Company of all or substantially all the Company’s assets.

     (b) Claim: any threatened, pending or completed action, suit or proceeding, or any inquiry or
investigation, whether conducted by the Company or any other party, that Indemnitee in good faith
believes might lead to the institution of any such action, suit or proceeding, whether civil,
criminal, administrative, investigative or other.

     (c) Expenses:
include attorneys’ fees and all other costs, expenses and obligations paid or
incurred in connection with investigating, defending, being a witness in or participating in
(including on appeal), or preparing to defend, be a witness in or participate in any Claim
relating to any Indemnifiable Event.

     (d) Indemnifiable Event: any event or occurrence related to the fact that Indemnitee is or
was a director, officer, employee, agent or fiduciary of the Company, or is or was serving at the
request of the Company as a director, officer, employee, trustee, agent or fiduciary of another
corporation, partnership, joint venture, employee benefit plan, trust or other enterprise, or by
reason of anything done or not done by Indemnitee in any such capacity.

     (e) Potential Change in Control: shall be deemed to have occurred if (i) the Company enters
into an agreement, the consummation of which would result in the occurrence of a Change in
Control; (ii) any person (including the Company) publicly announces an intention to take or to
consider taking actions which if consummated would constitute a Change in Control; (iii) any
person, other than a trustee or other fiduciary holding securities under an employee benefit plan
of the Company or a corporation owned, directly or indirectly, by the stockholders of the Company
in substantially the same proportions as their ownership of stock of the Company, who is or
becomes the beneficial owner, directly or indirectly, of securities of the Company representing
25% or more of the combined voting power of the Company’s then outstanding Voting Securities, or
(iv) the Board adopts a resolution to the effect that, for purposes of this Agreement, a Potential
Change in Control has occurred.

     (f) Reviewing Party: any appropriate person or body consisting of a member or members of the
Company’s Board of Directors or any other person or body appointed by the Board (including the
special, independent counsel referred to in Section 3) who is not a party to the particular Claim
for which Indemnitee is seeking indemnification.

     (g) Voting Securities: any securities of the Company which vote generally in the election of
directors.

     2. Basic Indemnification Arrangement. (a) In the event Indemnitee was, is or becomes a party
to or witness or other participant in, or is threatened to be made a party to or witness or other
participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the
Company shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable
but in any event no later than thirty days after written demand is presented to the Company,
against any and all Expenses, judgments, fines, penalties and amounts paid in settlement
(including all interest, assessments and other charges paid or payable in connection with or in
respect of such Expenses, judgements, fines, penalties or amounts paid in settlement) of such
Claim. Notwithstanding anything in this Agreement to the contrary, Indemnitee shall not be
entitled to indemnification pursuant to this Agreement in connection with any Claim initiated by
Indemnitee against the Company or any director or officer of the Company unless the Company has
joined in or consented to the initiation of such Claim. If so requested by

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Indemnitee, the Company shall advance (within two business days of such request) any and all
Expenses to Indemnitee (an “Expense Advance”).

     (b) Notwithstanding the foregoing, (i) the obligations of the Company under Section 2(a)
shall be subject to the condition that the Reviewing Party shall not have determined (in written
opinion, in any case in which the special, independent counsel referred to in Section 3 hereof is
involved) that Indemnitee would not be permitted to be indemnified under applicable law, and (ii)
the obligation of the Company to make an Expense Advance pursuant to Section 2(a) shall be subject
to the condition that, if, when and to the extent that the Reviewing Party determines that
Indemnitee would not be permitted to be so indemnified under applicable law, the Company shall be
entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for all such
amounts theretofore paid; provided, however, that if Indemnitee has commenced legal proceedings in
a court of competent jurisdiction to secure a determination that Indemnitee should be indemnified
under applicable law, any determination made by the Reviewing Party that Indemnitee would not be
permitted to be indemnified under applicable law shall not be binding and Indemnitee shall not be
required to reimburse the Company for Any Expense Advance until a final judicial determination is
made with respect thereto (as to which all rights of appeal therefrom have been exhausted or
lapsed). If there has not been a Change in Control, the Reviewing Party shall be selected by the
Board of Directors, and if there has been such a Change in Control, the Reviewing Party shall be
the special, independent counsel referred to in Section 3 hereof. If there has been no
determination by the Reviewing Party or if the Reviewing Party determines that Indemnitee
substantively would not be permitted to be indemnified in whole or in part under applicable law,
Indemnitee shall have the right to commence litigation in any court in the state of domicile or
Delaware having subject matter jurisdiction thereof and in which venue is proper seeking an
initial determination by the court or challenging any such determination by the Reviewing Party or
any aspect thereof, and the Company hereby consents to service of process and to appear in any
such proceeding. Any determination by the Reviewing Party otherwise shall be conclusive and
binding on the Company and Indemnitee.

     3. Change in Control. The Company agrees that if there is a Change in Control of the Company
(other than a Change in Control which has been approved by a majority of the Company’s Board of
Directors who were directors immediately prior to such Change in Control) then with respect to all
matters thereafter arising concerning the rights of Indemnitee to indemnity payments and Expense
Advances under this Agreement or any other agreement or Company by-law now or hereafter in effect
relating to Claims for Indemnifiable Events, the Company shall seek legal advice only from
special, independent counsel selected by Indemnitee and approved by the Company (which approval
shall not be unreasonably withheld), and who has not otherwise performed services for the Company
within the last five years (other than in connection with such matters) or Indemnitee. Such
counsel, among other things, shall render its written opinion to the Company and Indemnitee as to
whether and to what extent the Indemnitee would be permitted to be indemnified under applicable
law. The Company agrees to pay the reasonable fees of the special, independent counsel referred to
above and to fully indemnify such counsel against any and all expenses (including attorney’s
fees), claims, liabilities and damages arising out of or relating to this Agreement or its
engagement pursuant hereto.

     4. Establishment of Trust. In the event of a Potential Change in Control, the Company shall,
upon written request by Indemnitee, create a Trust for the benefit of the Indemnitee and from time
to time upon written request of Indemnitee shall fund such Trust in an amount sufficient to
satisfy any and all Expenses reasonably anticipated at the time of each such request to be
incurred in connection with investigating, preparing for and defending any Claim relating to an
Indemnifiable Event, and any and all judgments, fines, penalties and settlement amounts of any and
all Claims relating to an Indemnifiable Event from time to time actually paid or claimed,
reasonably anticipated or proposed to

-3-

 

be paid. The amount or amounts to be deposited in the Trust pursuant to the foregoing funding
obligation shall be determined by the Reviewing Party, in any case in which the special,
independent counsel referred to above is involved. The terms of the Trust shall provide that upon
a Change in Control (i) the Trustee shall advance, within two business days of a request by the
Indemnitee, any and all Expenses to the Indemnitee (and the Indemnitee hereby agrees to reimburse
the Trust under the circumstances under which the Indemnitee would be required to reimburse the
Company under Section 2(b) of this Agreement), (ii) the Trust shall continue to be funded by the
Company in accordance with the funding obligation set forth above, (iii) the Trustee shall
promptly pay to the Indemnitee all amounts for which the Indemnitee shall be entitled to
indemnification pursuant to this Agreement or otherwise, and (iv) all unexpended funds in such
Trust shall revert to the Company upon a final determination by the Reviewing Party or a court of
competent jurisdiction, as the case may be, that the Indemnitee has been fully indemnified under
the terms of this Agreement, or that it is no longer anticipated that expenses will be incurred or
amounts will be paid in connection with the Indemnifiable Event. The Trustee shall be chosen by
the Indemnitee. Nothing in this Section 4 shall relieve the Company of any of its obligations
under this Agreement.

     5. Indemnification for Additional Expenses. The Company
shall indemnify against any and all
expenses (including attorneys’ fees) and, if requested by Indemnitee, shall (within two business
days of such request) advance such expenses to Indemnitee, which are incurred by Indemnitee in
connection with any claim asserted against or action brought by Indemnitee for (i) indemnification
or advance payment of Expenses by the Company under this Agreement or any other agreement or
Company by-law now or hereafter in effect relating to Claims for Indemnifiable Events and/or (ii)
recovery under any directors’ and officers’ liability insurance policies maintained by the
Company, regardless of whether Indemnitee ultimately is determined to be entitled to such
indemnification, advance expense payment or insurance recovery, as the case may be.

     6. Partial Indemnity, Etc. If Indemnitee is entitled under any provision of this Agreement
to indemnification by the Company for some or a portion of the Expenses, judgments, fines,
penalties and amounts paid in settlement of a Claim but not, however, for all of the total amount
thereof, the Company shall nevertheless indemnify Indemnitee for the portion thereof to which
Indemnitee is entitled. Moreover, notwithstanding any other provision of this Agreement, to the
extent that Indemnitee has been successful on the merits or otherwise in defense of any or all
Claims relating in whole or in part to an Indemnifiable Event or in defense of any issue or matter
therein, including dismissal without prejudice, Indemnitee shall be indemnified against all
Expenses incurred in connection therewith. In connection with any determination by the Reviewing
Party or otherwise as to whether Indemnitee is entitled to be indemnified hereunder the burden of
proof shall be on the Company to establish that Indemnitee is not so entitled.

     7. No Presumption. For purposes of this Agreement, the termination of any claim, action,
suit or proceeding, by judgment, order, settlement (whether with or without court approval) or
conviction, or upon a plea of nolo contendere, or its equivalent, shall not create a presumption
that Indemnitee did not meet any particular standard of conduct or have any particular belief or
that a court has determined that indemnification is not permitted by applicable law.

     8. Non-exclusivity, Etc. The rights of the Indemnitee hereunder shall be in addition to any
other rights Indemnitee may have under the Company’s by-laws or the Delaware General Corporation
Law or otherwise. To the extent that a change in the Delaware General Corporation Law (whether by
statute or judicial decision) permits greater indemnification by agreement than would be afforded
currently under the Company’s by-laws and this Agreement, it is the intent of the parties hereto
that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change.

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     9 Liability Insurance. To the extent the Company maintains an insurance policy or policies
providing directors’ and officers’ liability insurance, Indemnitee shall be covered by such policy
or policies, in accordance with its or their terms, to the maximum extent of the coverage provided
under such policy or policies in effect for any other Company director or officer.

     10. Amendments, Etc. No supplement, modification or amendment of this Agreement shall be
binding unless executed in writing by both of the parties hereto. No waiver of any of the
provisions of this Agreement shall be deemed or shall constitute a waiver of
any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing
waiver.

     11. Subrogation. In the event of payment under this Agreement, the Company shall be
subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall
execute all papers required and shall do everything that may be necessary to secure such rights,
including the execution of such documents necessary to enable the Company effectively to bring suit
to enforce such rights.

     12. No Duplication of Payments. The Company shall not be liable under this Agreement to make
any payment in connection with any claim made against Indemnitee to the extent Indemnitee has
otherwise actually received payment (under any insurance policy, by-law or otherwise) of the
amounts otherwise indemnifiable hereunder.

     13. Binding Effect, Etc. This Agreement shall be binding upon and inure to the benefit of
and be enforceable by the parties hereto and their respective successors, assigns, including any
direct or indirect successor by purchase, merger, consolidation or otherwise to all or
substantially all of the business and/or assets of the Company, spouses, heirs, and personal and
legal representatives. This Agreement shall continue in effect regardless of whether Indemnitee
continues to serve as an officer or director of the Company or of any other enterprise at the
Company’s request.

     14. Severability. The provisions of this Agreement shall be severable in the event that any
of the provisions hereof (including any provision within a single section, paragraph or sentence)
are held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and
the remaining provisions shall remain enforceable to the fullest extent permitted by law.

     15. Governing Law. This Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of Delaware applicable to contracts made and to be performed
in such state without giving effect to the principles of conflicts of laws.

	 	 	 	 	 
	 	Anixter International Inc.

 	 
	 	By:  	 	 
	 	 	John A. Dul 	 
	 	 	Vice President, General Counsel &
Secretary 	 
	 

  
   I acknowledge and agree that this Indemnity Agreement supersedes, in its entirety, any
previous indemnity agreement provided to me by the Company.

	 	 	 
	 

	 	                                                                       
         
	 
	 	 
	 

	 	                                                            , Indemnitee
	 
	 	 
	 

	 	Dated:                                                             

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