Document:

exv10w4

Exhibit
10.4

EXECUTION COPY

PURCHASE AGREEMENT

by and among

INTCOMEX, INC.,

INTCOMEX COLOMBIA LTDA.,

INTCOMEX DE GUATEMALA, S.A.,

BRIGHTPOINT, INC.,

BRIGHTPOINT LATIN AMERICA, INC.

and

BRIGHTPOINT INTERNATIONAL LTD.

dated as of March 16, 2011

 

 

EXECUTION COPY

TABLE OF CONTENTS

	 	 	 	 	 	 	 
	ARTICLE I
	 	DEFINITIONS	 	 	2	 
	1.1
	 	Defined Terms	 	 	2	 
	1.2
	 	Interpretation	 	 	14	 
	ARTICLE II
	 	PURCHASE OF PURCHASED ASSETS; ISSUANCE OF PURCHASED INTCOMEX STOCK	 	 	15	 
	2.1
	 	Purchase of the Purchased Equity Interests; Purchased Assets;
Assumption of Assumed Liabilities; Issuance of Purchased Intcomex Stock	 	 	15	 
	2.2
	 	Shareholders Agreement	 	 	16	 
	2.3
	 	Use of Proceeds	 	 	16	 
	2.4
	 	Deliveries at the Closing	 	 	16	 
	2.5
	 	Global Contracts; Consent of Third Persons	 	 	18	 
	2.6
	 	Working Capital Adjustment	 	 	21	 
	2.7
	 	Allocation of Consideration	 	 	24	 
	ARTICLE III
	 	REPRESENTATIONS AND WARRANTIES OF BPI AND THE BP SELLING ENTITIES	 	 	24	 
	3.1
	 	Organization and Good Standing	 	 	24	 
	3.2
	 	Capitalization	 	 	25	 
	3.3
	 	Business Assets; Title	 	 	26	 
	3.4
	 	Authority, Approvals and Consents	 	 	26	 
	3.5
	 	Financial Statements	 	 	27	 
	3.6
	 	Absence of Undisclosed Liabilities	 	 	28	 
	3.7
	 	Absence of Material Adverse Effect; Conduct of Business	 	 	28	 
	3.8
	 	Taxes	 	 	29	 
	3.9
	 	Legal Matters	 	 	30	 
	3.10
	 	Property	 	 	31	 
	3.11
	 	Accounts Receivable	 	 	32	 
	3.12
	 	Insurance	 	 	32	 
	3.13
	 	Contracts	 	 	33	 
	3.14
	 	Customers and Suppliers	 	 	35	 
	3.15
	 	Warranties	 	 	35	 
	3.16
	 	Labor Relations	 	 	36	 

 

 

	 	 	 	 	 	 	 
	3.17
	 	Employee Benefit Plans	 	 	36	 
	3.18
	 	Other Benefit and Compensation Plans or Arrangements	 	 	37	 
	3.19
	 	Brokers	 	 	37	 
	3.20
	 	Ethical Practices; Foreign Corrupt Practices and International
Trade Sanctions	 	 	37	 
	3.21
	 	Intellectual Property	 	 	38	 
	3.22
	 	Transactions with Insiders	 	 	40	 
	3.23
	 	Disclosure	 	 	40	 
	3.24
	 	No Other Representations or Warranties; Schedules	 	 	41	 
	ARTICLE IV
	 	REPRESENTATIONS AND WARRANTIES RELATING TO
THE PURCHASED EQUITY INTERESTS AND THE PURCHASED INTCOMEX STOCK	 	 	41	 
	4.1
	 	BPLA Investor Representations	 	 	41	 
	4.2
	 	Intcomex Investor Representations	 	 	43	 
	ARTICLE V
	 	REPRESENTATIONS AND WARRANTIES OF INTCOMEX AND THE OTHER INTCOMEX PARTIES	 	 	44	 
	5.1
	 	Organization and Good Standing	 	 	44	 
	5.2
	 	Title to Assets	 	 	45	 
	5.3
	 	Authority, Approvals and Consents	 	 	45	 
	5.4
	 	Capitalization	 	 	46	 
	5.5
	 	Validity of Securities	 	 	46	 
	5.6
	 	Private Offering	 	 	46	 
	5.7
	 	SEC Documents; Financial Statements	 	 	47	 
	5.8
	 	Absence of Undisclosed Liabilities	 	 	48	 
	5.9
	 	Absence of Material Adverse Effect; Conduct of Business	 	 	48	 
	5.10
	 	Taxes	 	 	49	 
	5.11
	 	Legal Matters	 	 	50	 
	5.12
	 	Brokers	 	 	50	 
	5.13
	 	Disclosure	 	 	51	 
	5.14
	 	No Other Representations or Warranties; Schedules	 	 	51	 
	ARTICLE VI
	 	INTCOMEX’S AND OTHER INTCOMEX PARTIES’ CONDITIONS TO EFFECT CLOSING	 	 	52	 
	6.1
	 	Representations and Warranties; Agreements; Covenants	 	 	52	 
	6.2
	 	Authorization; Consents	 	 	52	 

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	6.3
	 	Other Closing Deliveries	 	 	52	 
	6.4
	 	Releases	 	 	52	 
	6.5
	 	Settlement of Certain Intercompany Transactions	 	 	52	 
	6.6
	 	Injunction; Litigation	 	 	53	 
	6.7
	 	Material Adverse Effect	 	 	53	 
	ARTICLE VII
	 	BPI’S AND BP SELLING ENTITIES’ CONDITIONS TO EFFECT CLOSING	 	 	53	 
	7.1
	 	Representations and Warranties; Agreements; Covenants	 	 	53	 
	7.2
	 	Injunction; Litigation	 	 	53	 
	7.3
	 	Authorization; Consents	 	 	53	 
	7.4
	 	Releases	 	 	54	 
	7.5
	 	Other Closing Deliveries	 	 	54	 
	7.6
	 	Material Adverse Effect	 	 	54	 
	7.7
	 	Appointment of Director	 	 	54	 
	ARTICLE VIII
	 	PERSONNEL MATTERS	 	 	54	 
	8.1
	 	Employees	 	 	54	 
	8.2
	 	Acknowledgement	 	 	55	 
	ARTICLE IX
	 	COVENANTS	 	 	55	 
	9.1
	 	Announcements	 	 	55	 
	9.2
	 	Access	 	 	55	 
	9.3
	 	Exclusive Negotiations	 	 	56	 
	9.4
	 	Further Assurances	 	 	56	 
	9.5
	 	Non-Competition; Non-Solicitation	 	 	56	 
	9.6
	 	Preservation of Business	 	 	58	 
	9.7
	 	Notice of Developments	 	 	58	 
	9.8
	 	Pre-Closing Operating Covenants Regarding Intcomex	 	 	58	 
	9.9
	 	Pre-Closing Operating Covenants Regarding the Business	 	 	59	 
	9.10
	 	Further Transfer Restrictions	 	 	61	 
	9.11
	 	Restrictive Legend	 	 	61	 
	9.12
	 	Disclosure	 	 	61	 
	9.13
	 	No Market for Purchased Securities	 	 	61	 
	9.14
	 	Filings	 	 	61	 
	9.15
	 	Shareholders Agreement	 	 	61	 

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	9.16
	 	Tax Returns	 	 	62	 
	9.17
	 	Audited Financials	 	 	62	 
	9.18
	 	Use of Brightpoint Names and Logos	 	 	62	 
	9.19
	 	Preparation of Tax Returns	 	 	62	 
	9.20
	 	Settlement of Certain Intercompany Transactions	 	 	64	 
	ARTICLE X
	 	SURVIVAL AND INDEMNIFICATION	 	 	65	 
	10.1
	 	Survival	 	 	65	 
	10.2
	 	Indemnification	 	 	65	 
	ARTICLE XI
	 	TERMINATION	 	 	69	 
	11.1
	 	Termination	 	 	69	 
	ARTICLE XII
	 	MISCELLANEOUS	 	 	70	 
	12.1
	 	Expenses	 	 	70	 
	12.2
	 	Headings	 	 	70	 
	12.3
	 	Notices	 	 	70	 
	12.4
	 	Assignments, Successors, and No Third-Party Rights	 	 	71	 
	12.5
	 	Entire Agreement and Modification	 	 	71	 
	12.6
	 	Governing Law	 	 	72	 
	12.7
	 	Consent to Jurisdiction, etc	 	 	72	 
	12.8
	 	Waiver of Jury Trial	 	 	72	 
	12.9
	 	Counterparts	 	 	72	 
	12.10
	 	Severability	 	 	73	 
	12.11
	 	Specific Performance	 	 	73	 
	12.12
	 	Waiver	 	 	73	 
	12.13
	 	Bulk Sales Law	 	 	73	 
	 
	 	 	 	 	 	 
	EXHIBITS:
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	Exhibit A
	 	Shareholders Agreement	 	 	 	 
	Exhibit B
	 	Form of Fifth Amendment	 	 	 	 
	Exhibit C
	 	Form of Bill of Sale	 	 	 	 
	Exhibit D
	 	Form of Assignment and Assumption Agreement	 	 	 	 
	Exhibit E
	 	Form of License Agreement	 	 	 	 

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EXECUTION COPY

PURCHASE AGREEMENT

     PURCHASE AGREEMENT, dated as of March 16, 2011 by and among Intcomex, Inc., a corporation
formed under the laws of the State of Delaware (“Intcomex”), Intcomex Colombia LTDA., a
limitada organized in Colombia (“Intcomex Colombia”), Intcomex de Guatemala, S.A., a
sociedad anonima organized in Guatemala (“Intcomex Guatemala” and, collectively with
Intcomex, Intcomex Colombia and Intcomex Guatemala, the “Intcomex Parties” ), Brightpoint,
Inc., a corporation formed under the laws of the State of Indiana (“BPI”), Brightpoint
Latin America, Inc., a corporation formed under the laws of the State of Indiana (“BPLA or
the “BP Asset Selling Entity”), and Brightpoint International Ltd., a corporation formed
under the laws of the State of Delaware (“BPIL,” and together with BPLA, the “BP
Selling Entities”) (the BP Selling Entities together with BPI are referred to herein as the
“BP Parties”) (the Intcomex Parties and the BP Parties are collectively referred to herein
as the “Parties”).

     WHEREAS, BPLA owns 100% of the outstanding equity interests (the “Colombia Equity
Interests”) of Brightpoint de Colombia Limited, a company organized and existing under the laws
of the British Virgin Islands (“BP Colombia Limited”), which owns 100% of Brightpoint de
Colombia Inc. Sucursal Colombiana, a branch with operations in Bogota, Colombia (“BP
Colombia”);

     WHEREAS, BPLA owns 98%, and BPIL owns 2%, of the outstanding equity interests (the
“Guatemala Equity Interests”) of Brightpoint de Guatemala S.A., a sociedad anonima
organized in Guatemala (“BP Guatemala,” and together with BP Colombia Limited and BP
Colombia, the “Purchased Subsidiaries”);

     WHEREAS, the BP Selling Entities are directly or indirectly wholly-owned by BPI;

     WHEREAS, the Purchased Subsidiaries and BPLA are engaged in the Business (as defined below);

     WHEREAS, the BP Asset Selling Entity desires to sell certain assets and to assign certain
specified liabilities as set forth below, and Intcomex or a Subsidiary thereof desires to purchase
these assets and to assume these specified liabilities, all on the terms and subject to the
conditions set forth in this Agreement;

     WHEREAS, the BP Selling Entities desire to sell the Colombia Equity Interests and the
Guatemala Equity Interests and each of Intcomex Colombia and Intcomex Guatemala, wish to buy the
Colombia Equity Interests and the Guatemala Equity Interests, respectively, all on the terms and
subject to the conditions set forth in this Agreement;

     WHEREAS, Intcomex and BPI are executing and delivering this Agreement in reliance upon the
exemptions from registration provided by Regulation D (“Regulation D”) promulgated by the
SEC (as defined below) under the Securities Act (as defined below) and/or Section 4(2) of the
Securities Act; and

     WHEREAS, upon the terms and conditions of this Agreement, BPLA has agreed to purchase, and
Intcomex wishes to issue and sell, for an aggregate purchase price of $15,000,000 in cash, the
Purchased Assets (as defined below) and the Purchased Equity Interests: 38,769

 

 

shares (the
“Purchased Intcomex Stock”) of the voting common stock, $0.01 par value per share, of
Intcomex (the “Intcomex Common Stock”), which will constitute approximately 23% of the
issued and outstanding shares of capital stock of Intcomex following the closing of the
transactions contemplated by this Agreement.

     Accordingly, in consideration of the premises and of the respective covenants and agreements
contained herein, the Parties hereby agree as follows:

ARTICLE I

DEFINITIONS

     1.1 Defined Terms. For purposes of this Agreement, the following terms shall have the
following meanings:

          “Accountants” has the meaning set forth in Section 2.6(c).

          “Accountants’ Determination” has the meaning set forth in Section 2.6(c)

          “Affiliate” means, as to any specified Person, any other Person which, directly or
indirectly, controls, is controlled by or is under common control with, such specified Person. For
the purposes of this definition, “control” means the possession of the power to direct or cause the
direction of the management and policies of such Person, whether through the ownership of voting
securities, by contract or otherwise (for the sake of clarity, it is hereby acknowledged and agreed
that, for purposes of this Agreement, CVC shall not be deemed to control, or be under common
control with, the Shalom Shareholders (as defined in the Shareholders Agreement) solely as a result
of that certain shareholders agreement among such shareholders, dated as of the date hereof). It
is acknowledged and agreed that, for the purposes of this Agreement, as of the date hereof, based
on BPI’s current ownership of approximately 12.4% of the issued and outstanding common stock of
Waxess (as defined below), together with an option to purchase additional shares of Waxess to
increase its ownership interest to approximately 19.9% of the issued and outstanding common stock
of Waxess, and one representative on the board of directors of Waxess (which board is currently
comprised of four directors), Waxess is not controlled by and is therefore not an Affiliate of BPI.

          “Assignment and Assumption Agreement” has the meaning set forth in Section 2.4(a)(ii).

          “Assumed Liabilities” means (a) trade and accounts payable of the Business reflected
on Schedule 1.1(i) attached hereto; (b) accrued expenses reflected on Schedule
1.1(ii) attached hereto; (c) contracts, commitments, agreements and other obligations of the BP
Asset Selling Entity under the agreements set forth on Schedule 1.1(iii) hereto (the
“BPLA Company Agreements”), but only those obligations thereunder arising after the
Closing; (d) any and all Business Employee Liabilities, and (e) those other specified liabilities
and obligations of the BP Asset Selling Entity described on Schedule 1.1(iv) attached
hereto; provided, however, that in no
event shall any Intcomex Party assume any liability relating to or arising from a breach or
violation by any BP Party prior to the Closing Date.

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          “Audit Opinion” has the meaning set forth in Section 5.7(d).

          “Bill of Sale” has the meaning set forth on Section 2.4(a)(i).

          “BP Asset Selling Entity” has the meaning set forth in the Preamble to this Agreement.

          “BP Balance Sheet” has the meaning set forth in Section 3.6.

          “BP Balance Sheet Date” has the meaning set forth in Section 3.6.

          “BP Colombia” has the meaning set forth in the Preamble to this Agreement.

          “BP Colombia Limited” has the meaning set forth in the Preamble to this Agreement.

          “BP Contract Parties” has the meaning set forth in the definition of Global Contracts.

          “BP Financial Statements” has the meaning set forth in Section 3.5(a).

          “BP Guatemala” has the meaning set forth in the Preamble to this Agreement.

          “BP Indemnified Parties” has the meaning set forth in Section 10.2(b).

          “BP Parties” has the meaning set forth in the Preamble to this Agreement.

          “BP Selling Entities” has the meaning set forth in the Preamble to this Agreement.

          “BPI” has the meaning set forth in the Preamble to this Agreement.

          “BPI Basket Amount” has the meaning set forth in Section 10.2(c)(i).

          “BPI Objection Notice” has the meaning set forth in Section 2.6(b)(ii).

          “BPIL” has the meaning set forth in the Preamble to this Agreement.

          “BPLA” has the meaning set forth in the Preamble to this Agreement.

          “BPLA Company Agreements” has the meaning set forth in the definition of Assumed
Liabilities.

          “BPLA Employee Liabilities” has the meaning set forth in Section 8.1(b).

          “BPLA Employees” means each of those employees of the Business employed by the BP
Asset Selling Entity listed on Schedule 1.1(v).

          “Brightpoint Business” shall mean the business of (i) wholesale distribution and
resale of wireless voice and data products and related accessories, (ii) logistic services,
including

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procurement, inventory management, software loading, kitting and customized packaging,
fulfillment, call center and activation services, e-fulfillment solutions, transportation
management and other services, (iii) wireless activation solutions through retail, enterprise and
online channels, and (iv) purchasing electronic activation codes from mobile operators and MVNOs
and distributing them to retail channels. For the sake of clarity, the Brightpoint Business
specifically excludes the business of selling or distributing any IT Products.

          “Brightpoint Permitted Activities” means (i) owning, managing, operating, controlling
or participating in any activity in any of the Excluded Businesses; (ii) owning equity interests in
Waxess Holdings, Inc. (“Waxess”); and (iii) owning up to 5% of a class of equity securities
issued by any competitor of Intcomex that is publicly traded and registered under Section 12 of the
Exchange Act, provided that such Person has no active participation in the business of such
entity, except that such ownership interest limitations regarding ownership in publicly traded
companies may be waived by obtaining the written consent of Intcomex.

          “Brightpoint Territory” shall mean each of Australia, Austria, Belgium, Denmark,
Finland, France, Germany, Great Britain, Hong Kong, India, Italy, Netherlands, New Zealand, Norway,
Philippines, Poland, Portugal, Russia, Singapore, Slovakia, South Africa, Spain, Sweden,
Switzerland, United Arab Emirates and the United States.

          “Business” means the business described on Schedule 1.1(vi) attached hereto,
it being acknowledged that for purposes of this Agreement, the Transaction Documents and the
transactions contemplated hereby and thereby, the Business shall not be deemed to include (a) the
Excluded Businesses, (b) any business or operations relating to the Excluded Assets, and (c) the
business and operations of BPI, its Subsidiaries and Affiliates unrelated to the operations of the
Business Assets in the Restricted Jurisdictions.

          “Business Assets” means the Purchased Assets and the assets of the Purchased
Subsidiaries.

          “Business Day” means any day excluding Saturday, Sunday and any day which is a legal
holiday under the laws of the State of New York or is a day on which banking institutions located
in the State of New York are authorized or required by law or other governmental action to close.

          “Business Employee Liabilities” has the meaning set forth in Section 8.1(b).

          “Business Employees” has the meaning set forth in Section 8.1(a).

          “Business Inventory” means all inventory, merchandise, products and other personal
property held or stored for the purposes of, or used in connection with, the Business, including
but not limited to, finished goods, parts and equipment, raw materials, packaging supplies and
work-in-process.

          “Cap” has the meaning set forth in Section 10.2(c)(ii).

          “Cash Consideration” has the meaning set forth in Section 2.1(b)(iv).

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          “Claims” has the meaning set forth in Section 3.9(a).

          “Closing” has the meaning set forth in Section 2.1(a).

          “Closing Date” has the meaning set forth in Section 2.1(a).

          “Closing Date Working Capital” has the meaning set forth in Section 2.6(b)(i).

          “Closing Date Working Capital Adjustment” has the meaning set forth in Section
2.6(b)(i).

          “Closing Date Working Capital Statement” has the meaning set forth in Section
2.6(b)(i).

          “COBRA” means the requirements of Part 6 of Subtitle B of Title I of ERISA and Code
§4980B.

          “Code” means the Internal Revenue Code of 1986, as amended

          “Colombia Equity Interests” has the meaning set forth in the Preamble to this
Agreement.

          “Company Agreements” means each Contract to which the BP Asset Selling Entity or any
Purchased Subsidiary is a party that is listed on Schedule 1.1 (vii).

          “Company Business” shall mean the business of (i) wholesale distribution and resale of
computer information technology products, including computer equipment, notebooks, netbooks,
components, software and peripherals, computer systems, accessories and networking products, (ii)
wholesale distribution and resale of wireless voice and data products and related accessories,
(iii) logistic services, including procurement, inventory management, software loading, kitting and
customized packaging, fulfillment, call center and activation services, e-fulfillment solutions,
transportation management and other services, (iv) wireless activation solutions through retail,
enterprise and online channels, and (v) purchasing electronic activation codes from mobile
operators and MVNOs and distributing them to retail channels.

          “Company Permitted Activities” means (i) selling IT Products without any geographic
limitations, (ii) wholesale distribution and resale of wireless voice and data products and related
accessories in Miami-Dade County, Florida, and (iii) owning, as an investment, up to 5% of a class
of equity securities issued by any competitor of the Excluded Businesses or of BPI or Affiliate
thereof that is publicly traded and registered under Section 12 of the Exchange Act, provided that
such Person has no active participation in the business of such entity, except that such ownership
interest limitations regarding ownership in publicly traded companies may be waived by obtaining
the written consent of BPLA.

          “Compensation Commitment” means (i) any employee stock purchase, employee stock
option, employee stock ownership, deferred compensation, performance, bonus, incentive,
vacation pay, holiday pay, insurance, severance, retirement, excess benefit or other plan,
trust or arrangement, whether written or oral, (ii) any agreement, arrangement, commitment and

5

 

understanding of any kind, whether written or oral, with any current or former officer, director,
employee or consultant of any of the BP Asset Selling Entity or the Purchased Subsidiaries pursuant
to which payments may be required to be made at any time following the date hereof (including,
without limitation, any employment, deferred compensation, severance, supplemental pension,
termination or consulting agreement or arrangement).

          “Competitive Products or Services” shall mean any products sold or services rendered
by or that compete with any products sold or services rendered by Intcomex or its Subsidiaries.

          “Confidentiality Agreement” means that certain Non-disclosure and Confidentiality
Agreement, dated as of September 2, 2010, by and between Intcomex and BPI.

          “Contract” means any oral or written agreement, instrument, contract, undertaking,
mortgage, indenture, lease, license or other understanding.

          “Conversion” has the meaning set forth in Section 9.8(b)(i).

          “CVC” means CVCI Intcomex Investment L.P., a Delaware limited partnership.

          “Disputed Items” has the meaning set forth in Section 2.6(b)(ii).

          “Employee Benefit Plan” and “Employee Benefit Plans” have the meanings set
forth in Section 3.17(a).

          “Employee Payment Obligation” means $165,000, which represents the agreed upon amount
to be paid by BPI or a BP Selling Entity to Intcomex (or a designated Affiliate thereof) in respect
of termination costs and expenses relating to Business Employees in anticipation or as a
consequence of, or following, consummation of the transactions contemplated by this Agreement.

          “Employee Pension Benefit Plan” has the meaning set forth in ERISA Section 3(2).

          “Employee Welfare Benefit Plan” has the meaning set forth in ERISA Section 3(1).

          “ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and any
successor law, and all regulations issued pursuant thereto.

          “Estimated Closing Date Working Capital” has the meaning set forth in Section 2.6(a).

          “Estimated Working Capital Adjustment” has the meaning set forth in Section 2.6(a).

          “Exchange Act” means the Securities and Exchange Act of 1934, as amended, any
successor law, and regulations and rules issued pursuant to that Act or any successor law.

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          “Excluded Assets” means (a) notes receivables, default judgments, causes of action,
Intellectual Property, if any, minute books, stock books and other records of the BP Asset Selling
Entity, in each case, not relating exclusively to the Business Assets or the Business; (b) the
assets used exclusively in the operations of the Excluded Businesses; (c) cash, cash equivalents,
bank deposits or similar cash items of the BP Asset Selling Entity; (d) subject to Section 9.2
herein, the Tax records (including Tax Returns and supporting work papers) covering any period or
transaction of any BP Party occurring prior to the Closing Date; (e) all rights of BPI and/or the
BP Selling Entities arising under the Transaction Documents or the transactions contemplated
thereby; (f) any and all intercompany receivables; (g) subject to the provisions of Section 2.5
hereof, the Non-Assignable Contracts as described in Section 2.5; (h) Permits owned or held by the
BP Asset Selling Entity which are not capable of being transferred; (i) all Global Contracts; (j)
that Intellectual Property licensed by BP or the applicable BP Party to Intcomex and/or its
designated Affiliate, pursuant to the License Agreement, and (k) those assets listed in
Schedule 1.1(viii).

          “Excluded Businesses” means (a) any business conducted by BPLA or its Affiliates for
PRWireless Inc. (d/b/a Open Mobile) in Puerto Rico (the “Open Mobile Business”), and (b)
the business of reverse logistics, asset management (including inventory liquidation services) or
repair services purchased by certain Affiliates of BPI pursuant to a Purchase Interest Purchase
Agreement dated as of December 10, 2010 by and among Brightpoint North America, L.P., Touchstone
Acquisition LLC, Touchstone Wireless Repair and Logistics, LP, Touchstone Wireless Investment
Partners, LLC and all of the limited partners of Touchstone Wireless Repair and Logistics, LP., as
such business is currently conducted or may be conducted in the future, so long as such future
business does not operate as a forward logistics or distribution business within the Restricted
Jurisdictions or otherwise compete with the Business.

          “Excluded Liabilities” means any duties, responsibilities, commitments, expenses,
obligations or liabilities (including any liabilities which may be asserted against or imposed upon
Intcomex or its Affiliates as a successor or transferee of the BP Asset Selling Entity or as an
acquirer of the Purchased Assets or the Business or otherwise as a matter of law) of BPI and the BP
Asset Selling Entity related to the Purchased Assets, the Business or otherwise of any kind or
nature (fixed or contingent, known or unknown, warranties, employee benefit plan obligations or
claims), other than the Assumed Liabilities, including but not limited to: (a) any and all
liabilities for those matters set forth on Schedule 3.9, (b) any and all liabilities for,
in connection with or related to, Taxes of each of BPI, the BP Selling Entities and the Business
for periods ending on or before the Closing Date, (c) any and all BPLA Employee Liabilities, (d)
any and all liabilities for, in connection with or related to, non-compliance with the FCPA or
equivalent local laws by any of BPI, the BP Selling Entities, their employees or representatives,
or the Business for periods ending on or before the Closing Date, (e) any and all liabilities for,
in connection with or related to, the Non-Transferred Lease and (f) any and all intercompany
payables.

          “Executive Employees” has the meaning set forth in Section 3.7(vi).

          “FCPA” has the meaning set forth in Section 3.20.

          “Fifth Amendment” has the meaning set forth in Section 2.2.

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          “Final Closing Date Working Capital” has the meaning set forth in Section 2.6(e).

          “Final Determination Date” has the meaning set forth in Section 2.6(d).

          “Foreign Plans” has the meaning set forth in Section 3.17(g).

          “GAAP” means generally accepted accounting principles in the United States,
consistently applied.

          “Global Contract Third Party” has the meaning set forth in the definition of Global
Contracts.

          “Global Contracts” means those Contracts set forth on Schedule 1.1(ix), by and
between BPI and/or certain Affiliates thereof party thereto (collectively, the “BP Contract
Parties”) and the respective third Persons thereto (each, a “Global Contract Third
Party”) that cover business other than, and in addition to, the Business in the Restricted
Jurisdictions.

          “Global Software Contracts” has the meaning set forth in Section 2.5(a)(i).

          “Governmental Body” means any:

          (a) nation, state, county, city, town, village, district, or other jurisdiction of any nature;

          (b) federal, state, local, municipal, foreign, or other government;

          (c) governmental or quasi-governmental authority of any nature (including any governmental
agency, branch, department, official, or entity and any court or other tribunal);

          (d) multi-national organization or body; or

          (e) body exercising, or entitled to exercise, any administrative, executive, judicial,
legislative, police, regulatory, or taxing authority or power of any nature.

          “Guatemala Equity Interests” has the meaning set forth in the Preamble to this
Agreement.

          “HIPAA” means Health Insurance Portability and Accountability Act of 1996.

          “Indemnification Matter” has the meaning set forth in Section 10.2(c).

          “Indemnification Notice” has the meaning set forth in Section 10.2(c).

          “Indemnified Party” has the meaning set forth in Section 10.2(c).

          “Indemnifying Party” has the meaning set forth in Section 10.2(c).

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          “Insider” means any shareholder, director or officer of any of the BP Selling Entities
or the Purchased Subsidiaries, and any Affiliate or Relative of any of the foregoing Persons.

          “Intcomex” has the meaning set forth in the Preamble to this Agreement.

          “Intcomex Balance Sheet Date” has the meaning set forth in Section 5.7(a).

          “Intcomex Basket Amount” has the meaning set forth in Section 10.2(c)(i).

          “Intcomex Common Stock” has the meaning set forth in the Preamble.

          “Intcomex Indemnified Parties” has the meaning set forth in Section 10.2(a).

          “Intcomex Indemnity Agreement” means the letter agreement dated as of the date hereof
by and among Michael Shalom, Anthony Shalom, Intcomex and CVC, pursuant to which Intcomex has
agreed, subject to the terms thereof, to return approximately $926,670.08 in excess indemnification
payments (the “Excess Indemnification Payments”) made by certain of its shareholders in
2007.

          “Intellectual Property” means all intellectual property rights with respect to,
arising from or associated with the following: (i) all domain names; (ii) trade names, trademarks
and service marks (registered and unregistered), trade dress, industrial designs, brand names,
brand marks, service names, logos, emblems, signs or insignia, and similar rights and applications
to register any of the foregoing, and all goodwill associated therewith throughout the world; (iii)
patents, patent applications (including any divisionals, continuations, continuations-in-part,
renewals, reexaminations, extensions, and reissues) and rights in respect of utility models or
industrial designs; (iv) copyrights and registrations and applications therefor and all other
rights corresponding thereto, and mask works and registrations and applications therefor; (v)
know-how, discoveries, trade secrets, methods, processes, technical data, specifications, research
and development information, technology, data bases, and other proprietary or confidential
information, including customer lists, in each case that derives economic value from not being
generally known to other Persons who can obtain economic value from its disclosure, but excluding
any copyrights or patents that cover or protect any of the foregoing, and (vi) all moral rights,
rights of publicity and other intellectual property and proprietary rights of a similar nature.

          “IRS” means the United States Internal Revenue Service or any successor agency, and,
to the extent relevant, the United States Department of the Treasury and any comparable agencies or
Governmental Bodies in Colombia, Guatemala, Honduras and El Salvador, such as but not limited to
DIAN (Direccion de Impuestos y Aduanas Nacionales) in Colombia.

          “IT Products” shall mean such computer information technology products, including
computer equipment, notebooks, netbooks, components, peripherals, software, computer systems,
accessories and networking products, sold as part of the business of Intcomex and its Subsidiaries
as of the date hereof; provided, however, that “IT Products” shall exclude
any product of the business described on Schedule 1.1(vi), including cellular
telephones, and accessories related thereto.

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          “Judgments” has the meaning set forth in Section 3.9(a)

          “Knowledge” or words of similar intent or effect, for purposes hereof, shall mean, for
a Party, the actual or implied knowledge of the applicable individuals listed on Schedule
1.1(x) attached hereto, after due inquiry. For purposes hereof, “due inquiry” shall mean what a
prudent individual would discover in the course of conducting a reasonably comprehensive
investigation concerning the existence of a fact or matter.

          “Legal Expenses” shall mean any and all reasonable fees, costs and expenses of any
kind reasonably incurred by any Person and its counsel in investigating, preparing for, defending
against or providing evidence, producing documents or taking other action with respect to, any
threatened or asserted claim.

          “Legal Requirements” means any federal, state, local, municipal, foreign,
international, multinational, or other administrative order, constitution, law, ordinance,
regulation, statute, or treaty.

          “License Agreement” has the meaning set forth in Section 2.4(a)(vi).

          “Lien” means any charge, claim, community property interest, condition, equitable
interest, lien, option, pledge, security interest, right of first refusal, restriction or
encumbrance of any kind, including any restriction on use, voting, transfer, receipt of income, or
exercise of any other attribute of ownership.

          “Losses” means all monetary losses, damages, liabilities and claims, and fees, costs
and expenses of any kind related thereto, including Legal Expenses.

          “Material Adverse Effect” means, with respect to the Business, on the one hand, or
Intcomex, on the other, any change, effect or circumstance that is materially adverse,
individually, or in the aggregate, to: (a) the Business, the Purchased Assets, the Purchased Equity
Interests, each of the Purchased Subsidiaries or the Assumed Liabilities (in the case of the
Business), or Intcomex’s business, assets or liabilities (in the case of Intcomex) or (b) the
ability of such Parties to perform their respective obligations pursuant to this Agreement and the
other Transaction Documents and to consummate the transactions contemplated hereby; provided,
however, that none of the following shall be deemed, either alone or in combination, to constitute
a Material Adverse Effect on such Parties: (i) any adverse effect to the extent attributable to the
announcement or pendency of the transactions contemplated by this Agreement; (ii) except to the
extent that they affect the Parties in a materially disproportionate manner relative to other
companies, any adverse effect attributable to conditions generally affecting (A) the industries in
which such Parties participate, (B) the U.S. economy as a whole or global economic conditions or
any foreign markets where such Parties have material operations or sales generally, or (C) the
financial, banking, currency or capital markets in general (whether in the United States or any
other country or in any international market) or changes in currency exchange rates or currency
fluctuations; (iii) any adverse effect arising from or relating to any change in accounting
requirements or principles or any change in applicable laws, rules or regulations or the
interpretation or enforcement thereof; (iv) with respect to an Intcomex Party, any adverse
effect

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attributable to actions of such Intcomex Party or (v) with respect to a BP Party or the
Business, any adverse effect attributable to actions of such BP Party or the Business, as the case
may be.

          “Material Third Party Intellectual Property” means that Software and Intellectual
Property licensed from third parties that is reasonably necessary for the operation of the Business
as currently conducted, including, without limitation, that Software identified on Schedule
1.1(xi).

          “Most Recent BP Financial Statements” has the meaning set forth in Section 3.5(a)(ii).

          “Most Recent Intcomex Balance Sheet” has the meaning set forth in Section 5.7(a).

          “New Contract” has the meaning set forth in Section 2.5(a).

          “Non-Assignable Contracts” has the meaning set forth in Section 2.5(b).

          “Non-Business Employees” has the meaning set forth in Section 8.1(a).

          “Non-Transferred Lease” means that lease agreement, dated February 28, 2006, by and
between National Auto Center, Inc. dba Cellstar Latin America (predecessor to BPLA) for Leased
Premises located at 2170 N.W. 87 Avenue, Miami, Florida 33172.

          “Novation” has the meaning set forth in Section 2.5(a).

          “Overpayment Amount” has the meaning set forth in Section 2.6(e).

          “participate in” has the meaning set forth in Section 9.5(c).

          “Permits” has the meaning set forth in Section 3.9(b).

          “Permitted Liens” means (i) Liens disclosed in Schedule 1.1(xiii) attached
hereto, (ii) Liens for Taxes or assessments that are not yet due or are being contested in good
faith, and (iii) mechanic’s, materialman’s, carrier’s, repairer’s and other similar Liens arising
or incurred in the ordinary course of business for amounts that are not yet due and payable or are
being contested in good faith.

          “Person” means any individual, corporation (including any non-profit corporation),
general or limited partnership, limited liability company, joint venture, estate, trust,
association, organization, labor union, or other entity or Governmental Body.

          “Pre-Closing Tax Period” has the meaning set forth in Section 9.19(a)(i).

          “Preliminary Working Capital Excess” has the meaning set forth in Section 2.6(a).

          “Preliminary Working Capital Shortfall” has the meaning set forth in Section 2.6(a).

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          “Purchased Assets” means (a) all right, title and interest of the BP Asset Selling
Entity in, to and under the BPLA Company Agreements; (b) customer and supplier lists of the BP
Asset Selling Entity as of the Closing; (c) trade and accounts receivable on the books of the BP
Asset Selling Entity as of the Closing listed in Schedule 1.1(xiv) attached hereto; (d)
Business Inventory, prepaid assets and prepaid expenses on the books of the BP Asset Selling Entity
as of the Closing; (e) title in and to all machinery, equipment, furniture, trade fixtures and
other tangible personal property owned by the BP Asset Selling Entity and used in the operation of
the Business, all as set forth on Schedule 1.1(xiv) attached hereto; (f) all of the BP
Asset Selling Entity’s books, records, ledgers, files, documents (including originally executed
copies of the BPLA Company Agreements to the extent available), correspondence, memoranda, forms,
development materials, creative materials, advertising and promotional materials, studies, reports,
books of account and records relating to employees, quality control records and procedures, manuals
and warranty information, research and development files, in each case, whether in hard copy or
magnetic format, in each instance to the extent owned, used or held for use in connection with, or
otherwise related to, or required for or in connection with, the Business or the ownership of the
Purchased Assets; provided, however, that any document related to any receivable of the BP Asset
Selling Entity that has been collected before the date hereof and is not listed in Schedule
3.11 shall not be a Purchased Asset; (g) all Permits owned, used or held for use by the BP
Asset Selling Entity in connection with or required for or in connection with the Business which
are transferable without consent of any Governmental Body and such other Permits for which consent
to transfer is obtained on or prior to the Closing Date, all as set forth on Schedule
1.1(xiv) attached hereto; (h) all rights or choses in action arising out of occurrences before
or after the Closing and related to any portion of the Business, including transferable third
Person warranties and guarantees and all related claims, credits, rights of recovery and setoff and
other similar contractual rights, as to third Persons held by or in favor of the BP Asset Selling
Entity and arising out of, resulting from or relating to the Business or the Purchased Assets; and
(i) all of the BP Asset Selling Entity’s right, title and interest in and to all Intellectual
Property set forth on Schedule 3.21(a) hereto owned, in whole or part, by the BP Asset
Selling Entity, including without limitation, the right to seek damages for past, current and
future infringements or misappropriations thereof; in each case, with the exception of the Excluded
Assets and the Excluded Businesses.

          “Purchased Equity Interests” means the Colombia Equity Interests and the Guatemala
Equity Interests.

          “Purchased Intcomex Stock” has the meaning set forth in the Preamble to this
Agreement.

          “Purchased Subsidiaries” has the meaning set forth in the Preamble to this Agreement.

          “Real Property Leases” means all leases, subleases, licenses and other occupancy
agreements, and all amendments, modification or supplements thereto or renewals thereof,
relating to any real property and to which a Purchased Subsidiary is a party or pursuant to
which a Purchased Subsidiary uses or occupies any real property.

          “Registered Copyrights” has the meaning set forth in Section 3.21(a).

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          “Registered Domain Names” has the meaning set forth in Section 3.21(a).

          “Registered IP” has the meaning set forth in Section 3.21(a).

          “Registered Marks” has the meaning set forth in Section 3.21(a).

          “Regulation D” has the meaning set forth in the Preamble to this Agreement.

          “Relative” of an individual means such individual’s spouse, such individual’s parents,
sisters, brothers, children and the spouses of the foregoing, and any member of the immediate
household of such individual.

          “Restricted Jurisdictions” means Miami-Dade County, Florida, Mexico, Central America,
South America and the Caribbean (including Puerto Rico).

          “Restricted Period” has the meaning set forth in Section 9.5(a).

          “Review Period” has the meaning set forth in Section 2.6(b)(ii).

          “Rule 144” has the meaning set forth in Section 4.1(b).

          “SEC” means the U.S. Securities and Exchange Commission.

          “SEC Documents” has the meaning set forth in Section 5.7(a).

          “Securities Act” means the Securities Act of 1933, as amended, or any successor law,
and regulations and rules issued pursuant to that Act or any successor law.

          “Senior Notes” has the meaning set forth in Section 2.3.

          “Shareholders Agreement” has the meaning set forth in Section 2.2.

          “Shortfall Amount” has the meaning set forth in Section 2.6(e).

          “Software” means source or object code instructions for controlling the operation of a
central processing unit or computer, and computer files containing data, all as used by of any of
BPI, the BP Selling Entities or the Purchased Subsidiaries in connection with and material to the
operation of the Business as currently conducted.

          “Special Representations” has the meaning set forth in Section 10.1.

          “Straddle Tax Period” has the meaning set forth in Section 9.19(b).

          “Subsidiary” of any Person means (i) any corporation more than 50% of whose stock of
any class or classes having by the terms thereof ordinary voting power to elect a majority of the
directors of such corporation is owned by such Person directly or indirectly through Subsidiaries
and (ii) any partnership, limited partnership, limited liability company, association, joint
venture or other entity in which such Person directly or indirectly through Subsidiaries has more
than a 50% equity interest.

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          “Target Closing Date Working Capital” means $1,810,000.

          “Tax” means any tax (including income tax, capital gains tax, value-added tax, sales
tax, property tax, gift tax or estate tax), levy, assessment, tariff, duty (including any customs
duty) deficiency or other fee and any related charge or amount (including any fine, penalty,
interest, or addition to tax) imposed, assessed or collected by or under the authority of any
Governmental Body or payable pursuant to any tax-sharing agreement or any other Company Agreement
relating to the sharing or payment of any such tax, levy, assessment, tariff, duty, deficiency or
fee.

          “Tax Return” means any return (including any information return), report, statement,
schedule, notice, form, or other document or information filed with or submitted to, or required to
be filed with or submitted to, any Governmental Body in connection with the determination,
assessment, collection, or payment of any Tax or in connection with the administration,
implementation, or enforcement of or compliance with any Legal Requirement relating to any Tax.

          “Termination Date” has the meaning set forth in Section 11.1(a)(ii).

          “Transfer” has the meaning set forth in Section 9.9(c).

          “Transaction Document” means this Agreement, the Fifth Amendment, the License
Agreement, the Confidentiality Agreement and any and all other agreements, instruments and
documents contemplated hereby and thereby, including each exhibit hereto and thereto.

          “Transition Period” has the meaning set forth in Section 2.5(a).

          “Working Capital” means current assets of the Business minus current liabilities of
the Business, determined in accordance with GAAP applied in a manner consistent with past practice.
An example of the calculation of Working Capital is set forth on Schedule 1.1(xv) hereto.

          “Working Capital Settlement Agreement” has the meaning set forth in Section
2.6(b)(ii).

     1.2 Interpretation.

          (a) All Schedules, Annexes and Exhibits hereto or expressly identified to this
Agreement are incorporated herein by reference and taken together with this Agreement constitute
but a single agreement. The words “herein”, “hereof” and “hereunder” or other words
of similar import refer to this Agreement as a whole, including the Schedules, Annexes and
Exhibits thereto, as the same may be from time to time amended, modified, restated or supplemented,
and not to any particular section, subsection or clause contained in this Agreement. Wherever from
the context it appears appropriate, each term stated in either the singular or plural shall include
the singular and the plural, and pronouns stated in the masculine, feminine or neuter gender shall
include the masculine, the feminine and the neuter. The term “or” is not exclusive. The term
“including” (or any form thereof) shall not be limiting or

14

 

exclusive. All references to statutes
and related regulations shall include any amendments of same and any successor statutes and
regulations. All references in this Agreement or in the Schedules, Annexes and Exhibits to this
Agreement to sections, schedules, disclosure schedules, exhibits, and attachments shall refer to
the corresponding sections, schedules, disclosure schedules, exhibits, and attachments of or to
this Agreement. All references to any instruments or agreements, including references to any of
this Agreement shall include any and all modifications or amendments thereto and any and all
extensions or renewals thereof.

          (b) Any accounting terms used in this Agreement that are not specifically defined
shall have the meanings customarily given them in accordance with GAAP and all financial
computations shall be computed, unless specifically provided herein, in accordance with GAAP
consistently applied.

          (c) References in this Agreement to dollar amount thresholds shall not be deemed to
be evidence of a “Material Adverse Effect.”

ARTICLE II

PURCHASE OF PURCHASED ASSETS;

ISSUANCE OF PURCHASED INTCOMEX STOCK

     2.1 Purchase of the Purchased Equity Interests; Purchased Assets; Assumption of Assumed
Liabilities; Issuance of Purchased Intcomex Stock.

          (a) On the terms and subject to the conditions set forth in this Agreement, the
closing of the transactions contemplated by this Agreement (the “Closing”) shall take place
three (3) calendar days (or if such day falls on a Saturday, Sunday or any day which is a legal
holiday under the laws of the State of New York, the next Business Day) after satisfaction or
waiver of all of the conditions (other than those conditions that by their terms are to be
satisfied at the Closing but subject to the satisfaction or waiver (to the extent permitted
hereunder) of such conditions) set forth in ARTICLE VI and ARTICLE VII (the “Closing Date”)
at the offices of Carlton Fields, P.A., 100 S.E. 2nd Street, Miami, Florida 33131 or at
such other location as Intcomex and BPI shall mutually agree.

          (b) At the Closing, upon the terms and subject to the conditions set forth in this
Agreement:

     (i) the BP Asset Selling Entity shall sell, assign, transfer, deliver and
convey to Intcomex (or a designated Affiliate thereof), and Intcomex (or a
designated Affiliate thereof) shall acquire from the BP Asset Selling Entity
the Purchased Assets, free and clear of all Liens, other than Permitted Liens;

     (ii) BPLA shall sell, assign, transfer, deliver and convey to Intcomex
Colombia, and Intcomex Colombia shall acquire from BPLA, the Colombia Equity
Interests, free and clear of all Liens, other than Permitted Liens;

     (iii) each of BPLA and BPIL shall sell, assign, transfer, deliver and convey to
Intcomex Guatemala, and Intcomex Guatemala shall acquire from each

15

 

of BPLA and BPIL,
the Guatemala Equity Interests, free and clear of all Liens, other than Permitted
Liens;

     (iv) BPLA shall pay to Intcomex on the Closing Date $15,000,000 in cash (the
“Cash Consideration”) plus or minus the Estimated Working
Capital Adjustment, as the case may be, in accordance with Section 2.6 hereof, by
wire transfer of immediately available funds in accordance with written instructions
that Intcomex shall have provided to BPLA;

     (v) the BP Asset Selling Entity shall assign, transfer and convey to Intcomex
(or a designated Affiliate thereof), and Intcomex (or a designated Affiliate
thereof) shall assume, the Assumed Liabilities; and

     (vi) Intcomex shall issue and sell to BPLA an aggregate of 38,769 shares of
Intcomex Common Stock.

          (c) Notwithstanding anything to the contrary contained herein, Intcomex shall not
assume or be bound by or be obligated or responsible for any Excluded Liabilities.

          (d) At the Closing, the BP Parties shall irrevocably waive and release, and shall
cause their respective Affiliates to waive and release, each Intcomex Party from all Excluded
Liabilities, including any liabilities or obligations created or which arise by statute or common
law.

          (e) At the Closing, each Intcomex Party shall irrevocably waive and release, and
shall cause its applicable Affiliates to waive and release, each BP Party from all Assumed
Liabilities, including any liabilities or obligations created or which arise by statute or common
law.

     2.2 Shareholders Agreement. At the Closing, BPLA, Intcomex and the other parties to
the Fourth Amended and Restated Shareholders Agreement among the shareholders named therein and
Intcomex, dated as of December 22, 2009, a copy of which is attached hereto as Exhibit A
(as amended, supplemented or otherwise modified from time to time, the “Shareholders
Agreement”), shall execute a Fifth Amended and Restated Shareholders Agreement in the form
attached hereto as Exhibit B (the “Fifth Amendment”).

     2.3 Use of Proceeds. Intcomex shall utilize the Cash Consideration (as adjusted
pursuant to Section 2.6 below) payable hereunder for (i) the redemption of a portion of Intcomex’s
131/4% Senior Notes due December 15, 2014 with an interest rate of 131/4% per year
offered pursuant to Intcomex’s private offering on December 10, 2009 (the “Senior
Notes”) in accordance with the existing payment schedule of the Senior Notes and (ii) general
working capital purposes.

     2.4 Deliveries at the Closing. Subject to the conditions set forth in this Agreement,
at the Closing:

          (a) BPI and/or the applicable BP Selling Entity, as the case may be, shall deliver
to Intcomex:

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     (i) a bill of sale for the Purchased Assets, duly executed by the BP Asset
Selling Entity in the form of Exhibit C attached hereto (the “Bill of
Sale”), with all necessary transfer documents and any other documents that are
necessary to transfer to Intcomex (or a designated Affiliate thereof) good and
marketable title to the Purchased Assets;

     (ii) an assignment and assumption agreement with respect to the Assumed
Liabilities in the form of Exhibit D attached hereto (the “Assignment
and Assumption Agreement”), duly executed by the BP Asset Selling Entity;

     (iii) the Cash Consideration (as adjusted by the Estimated Working Capital
Adjustment) and the Employee Payment Obligation;

     (iv) the Fifth Amendment, duly executed by BPLA;

     (v) original share, stock or other equity certificates for the Purchased Equity
Interests (to the extent such Purchased Equity Interests are represented by
certificates), duly endorsed or accompanied by stock powers duly endorsed in blank;

     (vi) an intellectual property license agreement granting the Intcomex Parties
the right to use certain Intellectual Property in the form of Exhibit E
attached hereto (the “License Agreement”), duly executed by BPI and/or the
applicable BP Party;

     (vii) assignments or consents, if any, granting the Intcomex Parties the right
to continue to use Material Third Party Intellectual Property after the Closing
under the same or reasonably equivalent terms and conditions under which the
Business utilized such Material Third Party Intellectual Property prior to the
Closing, duly executed by the licensor of such Material Third Party Intellectual
Property and by BPI or the BP Selling Entity;

     (viii) (x) assignment of the BPLA Company Agreements, (y) those consents and/or
waivers required for the assignment or change of control of the Company Agreements
listed on Schedule 2.4(a)(viii) attached hereto, and (z) subject to the
provisions of Section 2.5(a) hereof, those consents and/or waivers required in
connection with the arrangements to be entered into pursuant to Section 2.5(a)(i)
hereof listed on Schedule 2.4(a)(viii) attached hereto;

     (ix) a copy of the resolutions or consents of the board of directors (or
comparable governing body with different name) of BPI and the BP Selling Entities
authorizing the transactions contemplated herein, each certified by the Secretary of
BPI and the applicable BP Selling Entity;

     (x) a certificate of Secretary of BPI and each of the BP Selling Entities as to
the incumbency and signatures of the officers of the BP Parties executing this
Agreement;

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     (xi) resignations of directors/auditors and bank signatories of the Purchased
Subsidiaries, if required by Intcomex, and appointment of alternates effective at
Closing;

     (xii) a letter addressed to the registered agent of BP Colombia Limited in the
British Virgin Islands confirming that BPLA has sold its shares of BP Colombia
Limited to Intcomex Colombia and instructing the registered agent to recognize
Intcomex Colombia as the registered agent’s client of record;

     (xiii) a certified copy of BP Colombia Limited’s updated share register
evidencing the share transfer to Intcomex Colombia; and

     (xiv) any other certificates and other instruments and documents reasonably
requested by Intcomex to be delivered by BPI or any of the BP Parties at or prior to
the Closing or otherwise required in connection herewith.

          (b) Intcomex and/or the other applicable Intcomex Parties shall deliver to BPI and
the BP Selling Entities:

     (i) to BPLA, stock certificates evidencing the Purchased Intcomex Stock
registered in BPLA’s name;

     (ii) the Assignment and Assumption, duly executed by Intcomex (or a designated
Affiliate thereof);

     (iii) the Fifth Amendment, duly executed by Intcomex and the other Intcomex
shareholder parties thereto;

     (iv) the License Agreement, duly executed by Intcomex;

     (v) consents or waivers of third Persons under those Contracts listed on
Schedule 2.4(b)(v) attached hereto;

     (vi) a copy of the resolutions or consents of the board of directors of
Intcomex authorizing the transactions contemplated herein, certified by the
Secretary of Intcomex;

     (vii) a certificate of Secretary of each of the Intcomex Parties as to the
incumbency and signatures of the officers of the Intcomex Parties executing this
Agreement; and

     (viii) any other certificates and other instruments and documents reasonably
requested by BPI to be delivered by Intcomex or other Intcomex Parties at or prior
to the Closing or otherwise required in connection herewith.

     2.5 Global Contracts; Consent of Third Persons.

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          (a) Global Contracts. The Parties agree as follows with respect to each of
the Global Contracts:

     (i) The Parties shall cooperate to provide to Intcomex or its designated
Affiliate the rights and benefits thereunder relating exclusively to the Business in
the Restricted Jurisdictions. To the extent that the Parties are unable prior to
the Closing Date either to (x) cause the applicable Global Contract Third Party to
such Global Contract to enter into a new Contract with Intcomex or its designated
Affiliate governing such rights and obligations with respect thereto (a “New
Contract”) or (y) otherwise cause a novation of such rights, benefits,
obligations and liabilities with respect thereto relating exclusively to the
Business in the Restricted Jurisdictions (a “Novation”), in either case,
effective as of the Closing Date, then from and after the Closing, the Parties shall
use commercially reasonable efforts for a reasonable period not to exceed twelve
(12) months commencing on the Closing Date (the “Transition Period”) to (x)
cause the applicable Global Contract Third Party to enter into a New Contract, or
(y) cause a Novation, and, until such time, shall provide to Intcomex or its
designated Affiliate, at the sole expense and liability of Intcomex, the rights and
benefits of such Global Contract during the Transition Period to the extent related
exclusively to the Business in the Restricted Jurisdictions; provided,
however, (1) that any arrangement made between or among the Parties or
Affiliates thereof pursuant to this Section 2.5(a)(i) in respect of a Global
Contract shall be on the same terms as those set forth in such Global Contract
exclusively in respect of the Business in the Restricted Jurisdictions, and (2) each
of the Parties shall pay its own fees and expenses (including the fees of any
attorneys, accountants, investment bankers or others engaged by such party) in
connection with the negotiation and execution of any New Contract or Novation under
this Section 2.5(a)(i) except that, in connection therewith, no Party shall be
obligated to pay any costs or other consideration to the applicable Global Contract
Third Party with respect to a New Contract or Novation, as the case may be.
Notwithstanding the foregoing, with respect to those Global Contracts set forth on
Schedule 2.5(a)(i) (the “Global Software Contracts”), the Parties
shall cooperate to enter into a mutually agreeable arrangement with the Global
Contract Third Party under each Global Software Contract to provide to Intcomex or
its designated Affiliate the rights and benefits thereunder relating exclusively to
the Business in the Restricted Jurisdictions for a reasonable period not to exceed
sixty (60) calendar days commencing on the Closing Date. Intcomex shall perform, at
its sole
expense and liability, on behalf of the BP Contract Parties and be liable for
the obligations and liabilities of the BP Contract Parties under the Global
Contracts to the extent related to the Business in the Restricted Jurisdictions, it
being acknowledged and agreed that Intcomex shall direct the applicable BP Contract
Party to place orders or otherwise act as its agent under the Global Contracts to
the extent related exclusively to the Business in the Restricted Jurisdictions, and
Intcomex shall pay all of the actual and direct costs and other charges associated
therewith on a pass-through basis prior to the due date thereof so as to avoid any
liability of any BP Contract Party in respect thereof plus a service charge of $250
per transaction to be paid by Intcomex to the applicable BP Contract Party.

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     (ii) In the event that Intcomex or a designated Affiliate thereof enters into a
New Contract or Novation in respect of a Global Contract, Intcomex agrees that the
applicable BP Contract Parties shall be released and discharged from any and all
obligations and liabilities (including any guaranty or similar arrangement) in
respect of such New Contract or Novation.

          (b) Non-Assignable Contracts. Notwithstanding anything in this Agreement to
the contrary, this Agreement will not constitute an agreement by the BP Asset Selling Entity to
assign any of the Company Agreements, or any claim or right or any benefit arising thereunder or
resulting therefrom (collectively, the “Non-Assignable Contracts”) if an attempted
assignment thereof, without the consent of a third Person, would constitute a breach or other
contravention thereof or in any way adversely affect the rights of Intcomex thereunder. Subject to
the provisions of Section 2.5(c) below, in the event that an attempted assignment of a Company
Agreement would be ineffective or would adversely affect the rights of the BP Asset Selling Entity
thereunder so that Intcomex or its designated Affiliate would not in fact receive all such rights,
the BP Asset Selling Entity shall use, and BPI shall cause the BP Asset Selling Entity to use, its
commercially reasonable efforts to provide Intcomex or its designated Affiliate the benefits
thereunder from and after the Closing Date. The BP Asset Selling Entity shall, and BPI shall cause
the BP Asset Selling Entity to, pay promptly to Intcomex or its designated Affiliate when received
all monies received, if any, by the BP Asset Selling Entity after the Closing Date with respect to
the period after the Closing Date under such Company Agreement or any claim or right or any benefit
arising thereunder to the extent that Intcomex or its designated Affiliate would be entitled
thereto pursuant hereto so long as Intcomex or its designated Affiliate is (x) not in breach of any
such Company Agreement and (y) satisfying the corresponding liabilities and performing the
corresponding obligations arising under such Company Agreement (excluding such liabilities and
obligations relating to the period prior to the Closing Date). Subject to the provisions of
Section 2.5(c) below, if and when any such consents in respect of Non-Assignable Contracts shall be
obtained, the BP Asset Selling Entity shall, and BPI shall cause the BP Asset Selling Entity to,
promptly assign or otherwise transfer their respective rights thereunder to Intcomex or its
designated Affiliate without the payment of additional consideration and Intcomex or its designated
Affiliate shall, without the payment of any additional consideration therefor, assume from and
after the date of such assignment or transfer the liabilities and obligations thereunder arising
exclusively from, and accruing exclusively with respect to, the period after such assignment or
transfer and assumption (other than obligations or liabilities thereunder arising as a result of
the breach thereof at or prior to such assignment or transfer and assumption). At such time as any
Non-Assignable Contract is
properly assigned or otherwise transferred to Intcomex or its designated Affiliate, such
Non-Assignable Contract shall cease to be a Non-Assignable Contract and become a Purchased Asset.

          (c) Consents Covenant. As to any consent listed on Schedule 3.4(ii)
or Schedule 3.4(v) that is not a condition to Closing pursuant to in respect of a Company
Agreement ARTICLE VI or ARTICLE VII, BPI shall (and shall cause its respective Affiliates to) have
the continuing obligation for a reasonable period not to exceed twelve (12) months commencing on
the date hereof to use its commercially reasonable efforts to obtain each such consent. In the
event a third Person requires payment in connection with any consent requested by BPI or an
Affiliate thereof pursuant to this Section 2.5(c), the payment obligations with respect thereto, if
any, shall be mutually agreed in good faith among the Parties.

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     2.6 Working Capital Adjustment.

          (a) Estimated Closing Date Working Capital Adjustment. No later than two (2) Business
Days prior to the Closing Date, BPI shall deliver to Intcomex a good faith estimate of the Working
Capital of the Business as of the close of business on the day immediately preceding the Closing
Date (the “Estimated Closing Date Working Capital”) based upon a statement of Working
Capital, prepared in accordance with GAAP applied in a manner consistent with past practice and
prepared in accordance with the methodology used to prepare the example calculation of Working
Capital set forth on Schedule 1.1(xv) hereto (including the same line items). If the
Estimated Closing Date Working Capital exceeds the Target Closing Date Working Capital, then the
Cash Consideration payable to Intcomex at the Closing pursuant to Section 2.1(b)(iv) shall be
decreased, on a dollar-for-dollar basis, by an amount equal to the amount by which the Estimated
Closing Date Working Capital exceeds the Target Closing Date Working Capital (the “Preliminary
Working Capital Excess”). If the Estimated Closing Date Working Capital is less than the
Target Closing Date Working Capital, then the Cash Consideration payable to Intcomex at the Closing
pursuant to Section 2.1(b)(iv) shall be increased, on a dollar-for-dollar basis, by an amount equal
to the amount by which the Target Closing Date Working Capital exceeds the Estimated Closing Date
Working Capital (the “Preliminary Working Capital Shortfall,” and together with the
Preliminary Working Capital Excess, the “Estimated Working Capital Adjustment”).

          (b) Final Closing Date Working Capital Adjustment.

     (i) On or before the 60th calendar day after the Closing Date,
Intcomex or its designated agent shall prepare and deliver to BPI, in writing,
Intcomex’s calculation, prepared in accordance with GAAP applied in a manner
consistent with past practice and prepared in accordance with the methodology used
to prepare the example calculation of Working Capital set forth on Schedule
1.1(xv) hereto (including the same line items), of the Working Capital as of the
close of business on the day immediately preceding the Closing Date (the
“Closing Date Working Capital”) and Intcomex’s proposed adjustment to the
Cash Consideration (as adjusted by any Estimated Working Capital Adjustment) (the
“Closing Date Working Capital Adjustment”), if any, based upon a statement
of the Closing Date Working Capital (the “Closing Date Working Capital
Statement”), prepared in accordance with GAAP applied in a manner consistent
with past practice and prepared in accordance with the methodology used to prepare
the example calculation of Working Capital set forth on Schedule 1.1(xv)
hereto (including the same line items). Intcomex’s calculation of Closing Date
Working Capital and the Closing Date Working Capital Adjustment shall contain an
explanation in reasonable detail of the causes for the proposed adjustment, if any,
and shall have attached thereto reasonable support documentation. From and after
BPI’s receipt of the Closing Date Working Capital Statement until the Final
Determination Date (as defined below), Intcomex shall reasonably cooperate and
provide BPI and its advisors with timely access, during regular business hours, to
the employees and records of Intcomex and the work papers, trial balances and
similar materials used in connection with the preparation of the Closing Date
Working Capital Statement.

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     (ii) Following receipt of the Closing Date Working Capital Statement and the
proposed Closing Date Working Capital Adjustment from Intcomex, BPI will be afforded
a period of twenty (20) calendar days (the “Review Period”) to review the
Closing Date Working Capital Statement and Intcomex’s proposed Closing Date Working
Capital Adjustment. At or before the end of the Review Period, BPI will either (A)
accept the Closing Date Working Capital and Intcomex’s proposed Closing Date Working
Capital Adjustment in its entirety, in which case such Closing Date Working Capital
will constitute the Final Closing Date Working Capital (as defined below) for
purposes of determining amounts to be paid from Intcomex to BPI or from BPI to
Intcomex pursuant to Section 2.6(e) below, as the case may be, or (B) deliver to
Intcomex a written notice (the “BPI Objection Notice”) containing BPI’s
calculation of Closing Date Working Capital and the Closing Date Working Capital
Adjustment (if any), together with a reasonably detailed written explanation of
those items in the Closing Date Working Capital Statement which BPI disputes (the
“Disputed Items”), in which case the Disputed Items shall be deemed to be in
dispute and all other items in the Closing Date Working Capital Statement shall be
deemed to have been agreed. The failure by BPI to deliver a BPI Objection Notice
within the Review Period shall constitute BPI’s acceptance of the Closing Date
Working Capital and the proposed Closing Date Working Capital Adjustment as proposed
by Intcomex in the Closing Date Working Capital Statement and such shall be
conclusive and binding upon the Parties and the Closing Date Working Capital as set
forth in the Closing Date Working Capital Statement will constitute the Final
Closing Date Working Capital for purposes of determining amounts to be paid from
Intcomex to BPI or from BPI to Intcomex pursuant to Section 2.6(e) below, as the
case may be. If BPI delivers a BPI Objection Notice in a timely manner, then,
within a further period of fifteen (15) calendar days from the delivery of the BPI
Objection Notice, each Party and, if desired by such Party, such Party’s accountants
and other advisors will attempt to resolve in good faith any Disputed Items and
reach a written agreement (the “Working Capital Settlement Agreement”) with
respect thereto. If the parties enter into a Working Capital Settlement Agreement,
the Closing Date Working Capital shall be deemed to be as agreed therein for
purposes of determining amounts to be paid from Intcomex to BPI or from BPI to
Intcomex pursuant to Section 2.6(e) below, as the case may be.

          (c) Accountant Determination. Failing resolution by the Parties as contemplated by
Section 2.6(b) above, the Disputed Items will be referred by BPI or Intcomex, or both, for final
binding resolution to an independent registered public accounting firm as shall be mutually agreed
upon by BPI and Intcomex (the “Accountants”). If the Disputed Items are submitted to the
Accountants for resolution, each Party will furnish to the Accountants such work papers and other
documents and information relating to the disputed issues as the Accountants may request and are
available to that Party (or its independent public accountants), and will be afforded the
opportunity to present to the Accountants any material relating to the determination and to discuss
the determination with the Accountants. The determination by the Accountants (the “Accountants’
Determination”) shall be (i) deemed to be the Final Closing Date Working Capital for purposes
of determining amounts to be paid from Intcomex to BPI or from BPI to Intcomex pursuant to Section
2.6(e) below, as the case may be; (ii) furnished to BPI

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and Intcomex as soon as practicable after the Disputed Items have been referred to the
Accountants (provided that the parties shall direct the Accountants to deliver the Accountants’
Determination not later than the 30th calendar day following the Accountants’ acceptance
of its engagement to make the Accountants’ Determination), (iii) made in accordance with GAAP
applied in a manner consistent with past practice, and (iv) nonappealable and incontestable by BPI,
Intcomex and each of their respective Affiliates and successors and not subject to collateral
attack for any reason, other than a mathematical error of the Accountants which may be cured only
by the Accountants within seven calendar days following their delivery of the Accountants’
Determination. The determination of the Disputed Items with respect to the Closing Date Working
Capital by the Accountants shall be based on whether such Disputed Items have been calculated in
accordance with GAAP applied in a manner consistent with past practice and prepared in accordance
with the methodology used to prepare the example calculation of Working Capital set forth on
Schedule 1.1(xv) hereto (including the same line items), and the Accountants are not to
make any other determination (other than with respect to mathematical errors in the Closing Date
Working Capital Statement). The Accountants shall not assign a value to any item greater than the
greatest value for such item claimed by BPI or Intcomex or less than the smallest value for such
item claimed by BPI or Intcomex and shall be limited to the selection of either BPI’s or Intcomex’s
position on a Disputed Item (or a position in between the positions of BPI and Intcomex). The
Accountants shall not impose an alternative resolution outside the bounds set in the preceding
sentence.

          (d) Fees and Expenses of the Accountants. The fees and expenses of the Accountants in
connection with resolving any Disputed Item (including attorneys’, accountants’, investigators’ and
other professional fees) shall be paid pro rata by each Party in relation to the proportional
difference between the Accountants’ final determination of the Disputed Items in connection with
the Closing Date Working Capital and the Final Closing Date Working Capital as specified by the
Accountants’ Determination. Such fees and expenses shall be paid by BPI and Intcomex to the
Accountants within 10 calendar days of the Final Determination Date, by wire transfer of
immediately available funds to the account designated in writing by the Accountants. For purposes
hereof, the “Final Determination Date” shall mean the earliest to occur of (A) the date on
which BPI accepts Intcomex’s determination of the Closing Date Working Capital and Intcomex’s
proposed Closing Date Working Capital Adjustment in its entirety, (B) the 21st calendar
day following the receipt by BPI of the Closing Date Working Capital Statement if BPI shall have
failed to deliver the BPI Objection Notice to Intcomex within the Review Period, (C) the date on
which BPI and Intcomex execute a Working Capital Settlement Agreement, or (D) the 8th
calendar day (or if such day falls on a Saturday, Sunday or any day which is a legal holiday under
the laws of the State of New York, the next Business Day) after the date on which BPI and Intcomex
both shall have received the Accountants’ Determination in writing other than in the event of an
assertion by either Party that the Accountants have made a mathematical error, in which case such
period shall be extended for such time as is required to rectify such mathematical error and the
Parties shall use their commercially reasonable efforts to cause the Accountants to rectify such
mathematical error as soon as practicable.

          (e) Adjustment with Respect to Final Closing Date Working Capital. For purposes of
this Agreement, the “Final Closing Date Working Capital” shall mean the Closing Date
Working Capital as determined by (i) Section 2.6(b)(ii)(A), (ii) the Closing Date Working

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Capital Statement in the event that BPI fails to deliver a BPI Objection Notice within the
Review Period, (iii) a Working Capital Settlement Agreement, or (iv) the Accountants’
Determination. If the Final Closing Date Working Capital has been determined to be less than the
Estimated Closing Date Working Capital (the amount of such deficit, being referred to herein as the
“Shortfall Amount”), then within ten (10) calendar days after the Final Determination Date,
BPLA shall pay to Intcomex an amount equal to the Shortfall Amount. If the Final Closing Date
Working Capital has been determined to be more than the Estimated Closing Date Working Capital (the
amount of such excess, being referred to herein as the “Overpayment Amount”), then within
ten (10) calendar days after the Final Determination Date, Intcomex shall pay to BPLA an amount
equal to the Overpayment Amount. Such payments shall be made by wire transfer of immediately
available funds to an account designated in writing by the applicable receiving Party.

     2.7 Allocation of Consideration. The allocation of the purchase price among the
Purchased Assets, the Purchased Equity Interests, the Purchased Intcomex Stock and the
non-competition provisions in Section 9.5 shall be as set forth on Schedule 2.7. The
Parties covenant and agree that such allocation of the purchase price shall be conclusive and final
for all purposes of this Agreement, except as otherwise required by applicable law. BPI, the BP
Selling Entities and Intcomex will report the federal, state and local income and other Tax
consequences of the transactions contemplated by this Agreement in a manner consistent with such
allocation and cooperate in the preparation and filing of IRS Form 8594 under Section 1060 of the
Code (or any successor form or successor provision of any future Tax law, or any comparable
provisions of state, or local Tax law), with their respective federal, state and local income Tax
returns for the taxable year that includes the Closing Date.

ARTICLE III

REPRESENTATIONS AND WARRANTIES

OF BPI AND THE BP SELLING ENTITIES

     BPI and each of the BP Selling Entities, jointly and severally, hereby represent and warrant
to Intcomex as follows:

     3.1 Organization and Good Standing.

          (a) Each of BPI, the BP Selling Entities and the Purchased Subsidiaries is duly organized,
validly existing and in good standing under the laws of the jurisdiction of its formation and has
the organizational power and authority to own, lease and operate the properties used in its
business and to carry on its business as now being conducted. Each of BPI, the BP Asset Selling
Entity and the Purchased Subsidiaries has previously delivered to Intcomex complete and correct
copies of its certificate of incorporation and bylaws or articles of organization and operating
agreement (or equivalent organizational documents with different names), as the case may be, as
presently in effect.

          (b) All of the issued and outstanding Purchased Equity Interests are owned beneficially and of
record by the BP Selling Entities, free and clear of any Liens (except for Permitted Liens) and the
BP Selling Entities will transfer and deliver to Intcomex (or a

24

 

designated Affiliate thereof) at the Closing valid title to the Purchased Equity Interests
free and clear of all Liens, except for Permitted Liens. Schedule 3.1(b) annexed hereto
sets forth the authorized and outstanding Purchased Equity Interests and the holder of the
Purchased Equity Interests together with the number or percentage of such Purchased Equity
Interests held by such Persons. All of the issued and outstanding Purchased Equity Interests have
been duly authorized, validly issued, fully paid, and nonassessable. There are no outstanding (i)
securities of the Purchased Subsidiaries convertible into or exchangeable for shares of capital
stock or voting securities of the Purchased Subsidiaries or (ii) options or other rights to acquire
from any of the Purchased Subsidiaries, or other obligation of the Purchased Subsidiaries to issue,
any capital stock, voting securities or securities convertible into or exchangeable for capital
stock or voting securities of the Purchased Subsidiaries. None of the Purchased Equity Interests
have been issued in violation of, and none are subject to, any purchase option, call, right of
first refusal, preemptive, subscription, or other similar right. The BP Selling Entities are not a
party to any arrangement granting to any Person any stock appreciation, phantom stock or other
similar right with respect to the Purchased Equity Interests.

          (c) Neither of the Purchased Subsidiaries has any Subsidiaries and does not own or have any
right to acquire any equity interest in any other Person. BPLA is and will be on the Closing Date
the sole record and beneficial owner and holder of all equity interests in BP Colombia Limited. BP
Colombia Limited is and will be on the Closing Date the sole record and beneficial owner of BP
Colombia. BPLA and BPIL are and will be on the Closing Date the sole record and beneficial owners
and holders of all equity interests in BP Guatemala.

     3.2 Capitalization. On the date hereof, the authorized capital of BP Colombia Limited
consists of 50,000 authorized shares of common stock, par value $1.00 per share, of which 100
shares are issued and outstanding and 49,900 of which remain unissued. On the date hereof, the
authorized capital of BP Guatemala consists of 50 authorized shares of common stock, par value 100
GTQ (Quetzales) per share, of which 50 shares are issued and outstanding and none of which remain
unissued. Schedule 3.2 attached hereto accurately discloses the outstanding capital stock
of BP Colombia Limited and BP Guatemala and all outstanding options, warrants, convertible notes,
or any other rights or instruments which would entitle the holder thereof to acquire shares of BP
Colombia Limited or BP Guatemala or other equity interests in BP Colombia Limited or BP Guatemala
upon conversion or exercise. Other than as disclosed in Schedule 3.2, there are no
outstanding rights, agreements, arrangements or understandings to which any BP Party is a party
(written or oral) which would obligate either Purchased Subsidiary to issue any equity interest,
option, warrant, convertible note, or other types of securities or to register any shares in a
registration statement filed with the SEC.

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     3.3 Business Assets; Title.

          (a) Schedule 3.3(a) lists all items of (i) Business Inventory, and (ii) other tangible
personal property of every kind or description owned by the BP Asset Selling Entity or the
Purchased Subsidiaries that are a part of the Business Assets and have a current net book value in
excess of $5,000 per item. All of the Business Assets of any kind or description that are tangible
assets are in good operating condition and repair, ordinary wear and tear excepted, and suitable in
all material respects for their current use. The tangible assets subject to any Company Agreement
are in good operating condition and repair, ordinary wear and tear excepted.

          (b) BP Colombia Limited’s sole asset is BP Colombia. Except for the applicable Excluded
Assets, the Business Assets constitute all the assets, properties and rights owned, used, or held
for use in connection with, or that are otherwise required for the conduct of, the Business as
currently conducted on the date of this Agreement. Other than the applicable Excluded Assets and
the Business Assets, there are no assets owned, used or held for use by any of BPI, the BP Selling
Entities or the Purchased Subsidiaries in connection with, or otherwise required, in connection
with the Business as currently conducted. The BP Asset Selling Entity and the Purchased
Subsidiaries, as the case may be, have good and marketable title to, or hold by valid and existing
leases or licenses for, all of the Business Assets free and clear of all Liens, except for
Permitted Liens. None of BPI, the BP Asset Selling Entity or the Purchased Subsidiaries, as the
case may be, has signed any financing statement under the UCC (or similar foreign regulations) or
any security agreement authorizing any secured party thereunder to file any such financing
statement with respect to any of the Business Assets. At the Closing, the BP Asset Selling Entity
is conveying to Intcomex good and marketable title to all of the Purchased Assets owned by it
(other than the Excluded Assets, including the Non-Assignable Contracts and Global Contracts), free
and clear of all Liens other than Permitted Liens.

     3.4 Authority, Approvals and Consents. Each of BPI and the BP Selling Entities has
the organizational power and authority to enter into this Agreement and the other Transaction
Documents to which it is a party and to perform its obligations hereunder and thereunder. The
execution, delivery and performance of this Agreement, the other Transaction Documents and the
consummation of the transactions contemplated hereby and thereby have been duly authorized and
approved by the Board of Directors or similar governing body of BPI and the BP Selling Entities and
no other organizational proceedings on the part of BPI or the BP Selling Entities are necessary to
authorize and approve this Agreement, the other Transaction Documents and the transactions
contemplated hereby and thereby. This Agreement has been duly executed and delivered by, and
constitutes a valid and binding obligation of, each of BPI and the BP Selling Entities enforceable
against each of them in accordance with its terms (except as enforceability may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’
rights generally or by the principles governing the availability of equitable remedies). The
execution, delivery and performance of this Agreement by BPI and the BP Selling Entities and the
other Transaction Documents to which any of them is a party and the consummation of the
transactions contemplated hereby and thereby do not and will not:

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     (i) contravene any provisions of the certificate of incorporation and bylaws of
BPI or the BP Selling Entities (or equivalent documents with different names);

     (ii) except as set forth in Schedule 3.4(ii), (after notice or lapse of
time or both) conflict with, result in a breach of any provision of, constitute a
default under, result in the modification or cancellation of, or give rise to any
right of termination or acceleration in respect of, any Contract set forth on
Schedule 3.13(a) or, require any consent or waiver of any third Person to a
Contract set forth on Schedule 3.13(a);

     (iii) result in the creation of any Lien (other than Permitted Liens) upon, or
any Person obtaining any right to acquire, the Business Assets or the Purchased
Equity Interests;

     (iv) violate or conflict with any Legal Requirements applicable to BPI, any of
the BP Selling Entities, any of the Business Assets or any of the Purchased Equity
Interests; or

     (v) except as set forth in Schedule 3.4(v), require any authorization,
consent, order, permit or approval of, or notice to, or filing, registration or
qualification with, any Governmental Body or any third Person under any Contract set
forth on Schedule 3.13(a).

     Except as set forth in Schedule 3.4(v), no authorization, consent, order, permit or
approval of, or notice to, or filing, registration or qualification with, any Governmental Body or
any third Person consents is necessary to be obtained or made by BPI or any of the BP Selling
Entities to enable Intcomex, Intcomex Colombia, Intcomex Guatemala or other designated Intcomex
Affiliates to continue to conduct the Business and use the Business Assets after the Closing in a
manner which is in all material respects consistent with that in which the Business is presently
conducted and the Business Assets are presently used by the BP Asset Selling Entity and the
Purchased Subsidiaries, as applicable.

     3.5 Financial Statements.

          (a) Attached hereto as Schedule 3.5 are true and complete copies of:

     (i) the consolidated balance sheet as of December 31 for each of the years 2008
through 2009, and the related consolidated statements of income, cash flow and
stockholders’ equity for the fiscal years ended on such dates, in each case, for the
BP Asset Selling Entity and the Purchased Subsidiaries, and

     (ii) the consolidated balance sheet as of December 31, 2010 and the
consolidated reported statements of income for the twelve-month period ended on such
date, in each case, for the BP Asset Selling Entity and the Purchased Subsidiaries
(the “Most Recent BP Financial Statements”);

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(all the foregoing financial statements, including the notes thereto, are referred to herein
collectively as the “BP Financial Statements”).

          (b) The BP Financial Statements are in accordance with the regularly maintained books and
records of the BP Asset Selling Entity and the Purchased Subsidiaries and present fairly in all
material respects the financial position, results of operations, stockholders’ equity and changes
in financial position of the BP Asset Selling Entity and the Purchased Subsidiaries, as the case
may be, as of the dates and for the periods indicated, in each case, in accordance with GAAP
applied in a manner consistent with past practice and on a consistent basis throughout the periods
covered thereby; provided, however, that the Most Recent BP Financial Statements lack
footnotes, normal year-end reclassifications, adjustments and other presentation items, which, in
the aggregate, are not material in amount. The BP Financial Statements do not reflect any write-up
or revaluation increasing the book value of any assets. The books and accounts of the BP Asset
Selling Entity and the Purchased Subsidiaries are complete and correct in all material respects and
fully and fairly reflect all of the transactions of the BP Asset Selling Entity and the Purchased
Subsidiaries.

          (c) Each of the BP Asset Selling Entity and the Purchased Subsidiaries maintains a system of
internal accounting controls sufficient to provide reasonable assurance that (i) transactions are
executed in accordance with management’s general or specific authorizations, (ii) transactions are
recorded as necessary to permit preparation of financial statements in accordance with GAAP and to
maintain asset accountability, (iii) access to assets is permitted only in accordance with
management’s general or specific authorization, and (iv) the recorded accountability for assets is
compared with the existing assets at reasonable intervals and appropriate action is taken with
respect to any differences.

     3.6 Absence of Undisclosed Liabilities. Except as set forth on Schedule 3.6,
none of the BP Asset Selling Entity or the Purchased Subsidiaries has any liability of any nature
whatsoever (whether known or unknown, due or to become due, accrued, absolute, contingent or
otherwise) including, any unfunded obligation under employee benefit plans or arrangements or
liabilities for Taxes, except for (i) liabilities reflected or reserved against in the balance
sheet as of December 31, 2010 (the “BP Balance Sheet Date”) included in the Most Recent BP
Financial Statements (the “BP Balance Sheet”) and (ii) liabilities incurred in the ordinary
course of business and consistent with past practice after the BP Balance Sheet Date which,
individually and in the aggregate, do not have a Material Adverse Effect with respect to the
Business or the Business Assets.

     3.7 Absence of Material Adverse Effect; Conduct of Business. Except as set forth on
Schedule 3.7, since the BP Balance Sheet Date, there has been no Material Adverse Effect
with respect to the Business. Without limiting the foregoing, except as set forth on Schedule
3.7 hereto, since the BP Balance Sheet Date, there has not been, occurred or arisen:

     (i) any damage, destruction or loss to the Business Assets (whether or not
covered by insurance) that, individually or in the aggregate, could reasonably be
expected to have a Material Adverse Effect with respect to the Business;

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     (ii) any material change in any (i) accounting principle or method used for
financial reporting purposes by any of the BP Asset Selling Entity or the Purchased
Subsidiaries except as expressly disclosed in the BP Financial Statements or (ii)
election for federal income tax purposes used by any of the BP Asset Selling Entity
or the Purchased Subsidiaries;

     (iii) any commitment, transaction or other action by the BP Asset Selling
Entity or any of the Purchased Subsidiaries in connection with the Business or the
Business Assets other than in the ordinary course of business and consistent with
past practice;

     (iv) any amendment or other change to the certificate of incorporation and
bylaws or articles of organization and operating agreement (or equivalent
organizational documents with different names) of any of the BP Selling Entities or
the Purchased Subsidiaries, as the case may be;

     (v) any sale or other disposition of any right, title or interest in or to any
Business Assets (other than sales of Business Inventory in the ordinary course of
business consistent with past practice) having an aggregate value in excess of
$25,000;

     (vi) (x) any approval or action to put into effect any material increase in any
compensation or benefits payable to any class or group of employees of the Business,
any material increase in the compensation payable or to become payable to any of the
directors, officers or employees of the BP Asset Selling Entity or any of the
Purchased Subsidiaries whose total compensation after such increase would exceed
$50,000 per annum (collectively, “Executive Employees”) or any bonus (other
than discretionary bonuses paid in the ordinary course of business consistent with
past practice), service award, percentage compensation or other benefit paid,
granted or accrued to or for the benefit of any Executive Employee, or (y) the
adoption or amendment in any material respect of any severance agreement to which
any Executive Employee is a party;

     (vii) any creation, incurrence or assumption of any indebtedness for money
borrowed in excess of $10,000 by any of the BP Asset Selling Entity or the Purchased
Subsidiaries;

     (viii) any capital expenditures made by any of the BP Asset Selling Entity or
the Purchased Subsidiaries in excess of $50,000; or

     (ix) any authorization, approval, agreement or commitment to do any of the
foregoing.

     3.8 Taxes.

          (a) Except as set forth on Schedule 3.8(a), the Purchased Subsidiaries (which, for
purposes of this Section 3.8, shall include any predecessor of the Purchased Subsidiaries) have
filed or caused to be filed on a timely basis all Tax Returns that are or were required to be

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filed by or with respect to them, pursuant to applicable Legal Requirements (taking into
account all applicable extensions). BPI has delivered to Intcomex copies of all such Tax Returns
filed by the Purchased Subsidiaries since January 1, 2008. Each of the Purchased Subsidiaries has
paid all Taxes that have or may have become due pursuant to those Tax Returns or otherwise, or
pursuant to any assessment received by any of the Purchased Subsidiaries, except such Taxes, if
any, as are listed on Schedule 3.8(a).

          (b) Except as described in Schedule 3.8(b): (i) no Tax Returns of any of the Purchased
Subsidiaries have been audited by the IRS or any applicable state or foreign tax authorities; (ii)
there are no pending, proposed, or to the Knowledge of the BP Parties, threatened, audits, Claims,
assessments or deficiencies, asserted with respect to Taxes of the Purchased Subsidiaries; and
(iii) none of the Purchased Subsidiaries has given or been requested to give waivers or extensions
(or is or would be subject to a waiver or extension given by any other Person) of any statute of
limitations relating to the payment of Taxes for which any of the Purchased Subsidiaries may be
liable.

          (c) The charges, accruals, and reserves with respect to Taxes on the books of the Purchased
Subsidiaries are adequate (determined in accordance with GAAP) and are at least equal to their
respective liabilities for Taxes. There exists no proposed tax assessment against the Purchased
Subsidiaries except as disclosed in the Most Recent BP Financial Statements, and all Taxes that
any of the Purchased Subsidiaries is or was required by Legal Requirements to withhold or collect
have been duly withheld or collected and, to the extent required, have been paid to the proper
Governmental Body or other Person.

          (d) All Tax Returns filed by the Purchased Subsidiaries are true, correct, and complete. None
of the Purchased Subsidiaries has any liability under any tax sharing agreement or tax indemnity
agreement nor are any of them otherwise liable for taxes of any other Person pursuant to a tax
indemnity agreement or otherwise.

          (e) Except as described in Schedule 3.8(e), none of the Purchased Subsidiaries is or
has been engaged in a trade or business in the United States and neither is or has been subject to
U.S. federal income taxation.

          (f) Except as described in Schedule 3.8(f), all deficiencies asserted or assessments
made as a result of any examination of Tax Returns of the Purchased Subsidiaries have been paid in
full.

     3.9 Legal Matters.

          (a) Except as set forth in Schedule 3.9, (i) there is no claim, action, suit,
litigation, investigation, inquiry, review or proceeding (collectively, “Claims”) pending
or, to the Knowledge of any of the BP Parties, threatened, against or affecting any employee of the
Business, any employee benefit plan or any of their respective properties or rights before or by
any court, arbitrator, panel, agency or other governmental, administrative, self-regulatory
organization or judicial entity with respect to the Business or the Business Assets, and (ii) none
of the BP Selling Entities or the Purchased Subsidiaries is subject to any judgment, decree, writ,
injunction, ruling or order (collectively, “Judgments”) of any Governmental Body.
Schedule 3.9

30

 

identifies each Claim and Judgment disclosed thereon, whether or not it is fully covered by an
insurance policy and whether or not it could reasonably be expected to have a Material Adverse
Effect with respect to the Business or the Business Assets.

          (b) The Business is being conducted in compliance in all material respects with all Legal
Requirements applicable to its employees, the Business and the Business Assets. The BP Asset
Selling Entity and the Purchased Subsidiaries hold, and are in compliance in all material respects
with, all franchises, licenses, permits, registrations, certificates, consents, approvals or
authorizations (collectively, “Permits”) required by all applicable Legal Requirements for
the conduct of the Business and the operation of the Business Assets as currently conducted.

          (c) The BP Asset Selling Entity and the Purchased Subsidiaries collectively own or hold all
Permits material to the conduct of the Business and the Business Assets. No event has occurred and
is continuing which permits, or after notice or lapse of time or both would permit, any
modification or termination of any Permits which could reasonably be expected to have a Material
Adverse Effect with respect to the Business or the Business Assets.

          (d) No BP Party (i) has received any written or oral notice asserting any material
noncompliance with any Legal Requirement or Permit pertaining to the Business, the Business Assets,
the Purchased Equity Interests or the Assumed Liabilities, (ii) is subject to any Legal Requirement
which if enforced against or complied with by BPI or the BP Selling Entities could reasonably be
expected to have a Material Adverse Effect with respect to the Business or the Business Assets, and
(iii) has any Knowledge of (A) any Legal Requirement proposed which, if effective, could reasonably
be expected to have a Material Adverse Effect with respect to the Business, and (B) any
Governmental Body that has indicated any intention to initiate any investigation, inquiry or review
involving any of the BP Selling Entities or the Purchased Subsidiaries, their employees, any
employee benefit plan, the Business or any of the Business Assets. Notwithstanding the foregoing,
no representation or warranty is made under this Section 3.9 in respect of any environmental
matters which are addressed in Section 3.10(d) (as to which no representation or warranty is made
except as set forth in Section 3.10(d)).

     3.10 Property.

          (a) None of the BP Asset Selling Entity or the Purchased Subsidiaries owns any real property
or holds any option to acquire any real property.

          (b) Schedule 3.10(b) lists all Real Property Leases used in connection with the
Business, true and complete copies of which have been provided to Intcomex prior to the date of
this Agreement. Neither Purchased Subsidiary has entered into any subleases of any of the Real
Property Leases. The Purchased Subsidiaries have the right to quiet enjoyment for the full term of
said Real Property Leases. The Real Property Leases are in full force and effect in all material
respects, subject only to Liens that do not interfere with the present uses of the properties in
respect thereof, and neither Purchased Subsidiary and, to the Knowledge of any of the BP Parties,
no other party to the Real Property Leases is in breach thereunder.

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          (c) Except as disclosed on Schedule 3.10(c), none of the BP Asset Selling Entity or
the Purchased Subsidiaries is a party to or bound by any lease or similar agreement under which the
BP Asset Selling Entity or a Purchased Subsidiary is lessee of, or holds or operates, any real
property owned by any third Person and used in or relating to the Business and which could
reasonably be expected to have a Material Adverse Effect with respect to the Business or the
Business Assets.

          (d) The Purchased Assets owned or leased by the BP Asset Selling Entity and the assets owned
or leased by the Purchased Subsidiaries conform in all material respects with all applicable Legal
Requirements. The present use of the Business Assets conforms in all material respects with all
applicable Legal Requirements and all certificates and permits necessary for the lawful use thereof
have been issued and are presently in full force and effect. All notices of violations of Legal
Requirements issued by any state, county, municipal or local department having jurisdiction against
or affecting any of the Business Assets have been complied with in all material respects. None of
the BP Asset Selling Entity or the Purchased Subsidiaries generates or otherwise owns or possesses,
stores, treats, disposes of or transports any “hazardous substances” (as defined in the
Comprehensive Environmental Responses, Compensation and Liability Act of 1980) or the regulations
promulgated thereunder or any other hazardous substance (as defined in any similar state or local
law or the regulations promulgated thereunder) or has at any time generated or otherwise owned or
possessed, stored, treated, disposed of or transported any such hazardous substance which could
reasonably be expected to have a Material Adverse Effect with respect to the Business or the
Business Assets.

     3.11 Accounts Receivable. All accounts receivable which are included in the Business
Assets reflected on the BP Balance Sheet or arising since the BP Balance Sheet Date represent bona
fide amounts owed for products previously delivered or services previously rendered, and none of
such accounts receivable represent a billing for products or services not yet delivered or
rendered. All of the accounts receivable which are included in the Business Assets are
valid receivables and are current and, to the BP Parties’ Knowledge, are collectible (consistent
with past collections experience of the BP Asset Selling Entity or the Purchased Subsidiaries, as
applicable), without resort to litigation or extraordinary collection activity, within ninety (90)
calendar days of the Closing Date. To the BP Parties’ Knowledge, none of the BP Asset Selling
Entity or the Purchased Subsidiaries has received any written notice from an account debtor stating
that any account receivable in excess of $50,000 is subject to any defense, setoff or counterclaim
by such account debtor other than returns in the ordinary course of their business and subject to
the recorded allowance for collection losses shown on the BP Balance Sheet Date. Except to the
extent reserved against or reflected on the BP Financial Statements, to the Knowledge of the BP
Parties, there is no reason why the accounts receivable of the BP Asset Selling Entity and the
Purchased Subsidiaries would not be collectible in the ordinary course of business consistent with
past practice. The allowance for collection losses shown on the BP Balance Sheet has been
determined in accordance with GAAP consistent with past practice. Set forth on Schedule
3.11 hereto is a list of all accounts receivable of the BP Asset Selling Entity and the
Purchased Subsidiaries with respect to the Business as of December 31, 2010 including the aging
thereof.

     3.12 Insurance. Schedule 3.12 lists all insurance policies owned or held by
BPI, the BP Asset Selling Entity or the Purchased Subsidiaries that cover the Business or any
Business

32

 

Assets. All such policies are in full force and effect, all premiums with respect thereto
have been paid to the extent due, and no written notice of cancellation, termination or non-renewal
has been received by any of the BP Parties with respect to any such policy. True and complete
copies of all such policies have been previously furnished to Intcomex.

     3.13 Contracts.

          (a) Set forth on Schedule 3.13(a) hereto is a complete and accurate list of (i) each
Contract which is material to the Business, the Business Assets and the Assumed Liabilities and
(ii) without regard to materiality, each of the following Contracts:

     (i) any mortgage, indenture, note, installment obligation or other instrument,
agreement or arrangement for or relating to any borrowing of money by any of the BP
Selling Entities or the Purchased Subsidiaries or otherwise in connection with the
Business;

     (ii) any guaranty, direct or indirect, by any BP Selling Entity or Purchased
Subsidiary of any obligation for borrowings or otherwise in connection with the
Business, excluding endorsements made for collection in the ordinary course of
business;

     (iii) any Company Agreement or Global Contract (relating exclusively to the
Business in the Restricted Jurisdictions) providing for the grant of any
preferential rights to purchase or lease any assets, made other than in the ordinary
course of business;

     (iv) any obligation to register any shares of capital stock or other securities
with the SEC;

     (v) any obligation to make payments, contingent or otherwise, arising out of
the prior acquisition of the business, assets or stock of other companies;

     (vi) any lease or similar arrangement for the use by the BP Asset Selling
Entity or any Purchased Subsidiary of personal property in connection with the
Business involving payments of in excess of $30,000 per annum;

     (vii) a Company Agreement to which any Insider is a party;

     (viii) a Company Agreement or Global Contract (relating exclusively to the
Business in the Restricted Jurisdictions) with a stated contractual term in excess
of one year or providing for aggregate payments in excess of $30,000 per annum;

     (ix) a Company Agreement containing noncompetition or other limitations
restricting the conduct of the business of any of the BP Asset Selling Entity or any
Purchased Subsidiary; and

     (x) any partnership, joint venture or similar agreement.

33

 

          (b) Copies of all written, and a description of all oral, Company Agreements and Global
Contracts, together with all modifications, amendments and supplements thereto, have been provided
to Intcomex prior to the date of this Agreement. There are no oral Contracts that are Company
Agreements or Global Contracts other than the oral Contracts described on Schedule 3.13(b).

          (c) With such exceptions as are set forth on Schedule 3.13(c) and except as may result
from Intcomex or an Affiliate thereof becoming a party to a Company Agreement or a New Contract in
connection herewith:

     (i) all of the Company Agreements and Global Contracts (relating exclusively to
the Business in the Restricted Jurisdictions) are in full force and effect and are
valid and binding on and enforceable against the applicable BP Party in accordance
with their respective terms and, to the Knowledge of any of the BP Parties, on and
against the other parties thereto, each subject to applicable bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and similar laws
affecting creditors’ rights generally;

     (ii) none of the BP Asset Selling Entity or any Purchased Subsidiary is, nor to
the Knowledge of any of the BP Parties, is any other party to any Company Agreement
or Global Contracts (relating exclusively to the Business in the Restricted
Jurisdictions), in breach of, or default under, any such Company Agreement or Global
Contracts (relating exclusively to the Business in the Restricted Jurisdictions);

     (iii) none of the BP Asset Selling Entity or any Purchased Subsidiary has
waived any material right under any Company Agreement or Global Contracts (relating
exclusively to the Business in the Restricted Jurisdictions);

     (iv) no event has occurred that, with the giving of notice or the lapse of time
or both, would constitute a material breach of, or default under, any Company
Agreement or Global Contracts (relating exclusively to the Business in the
Restricted Jurisdictions);

     (v) there are no unresolved disputes under any of the Company Agreements or
Global Contracts (relating exclusively to the Business in the Restricted
Jurisdictions); and

     (vi) none of the BP Asset Selling Entity or any Purchased Subsidiary has given
to or received from any other Person, at any time since December 31, 2006, any
notice or other written communication regarding any actual, alleged, possible or
potential violation or breach or default under any Company Agreement or Global
Contracts (relating exclusively to the Business in the Restricted Jurisdictions).

          (d) Schedule 3.13(d) sets forth each Contract listed on Schedule 3.13(a) which
(x) contains a contractually stated expiration date which is within six months from the date hereof
and (y) does not contain an automatic term renewal provision.

34

 

     3.14 Customers and Suppliers.

          (a) Schedule 3.14(a) contains a list of (i) all customers of the Business which have
Contracts (including oral contracts and purchase orders) with any of the BP Asset Selling Entity or
any of the Purchased Subsidiaries involving purchases in an amount in excess of $10,000 per annum,
and (ii) all suppliers of the Business which have Contracts (including oral contracts and purchase
orders) with the BP Asset Selling Entity or any of the Purchased Subsidiaries involving purchases
in an amount in excess of $5,000 per annum.

          (b) None of the BP Asset Selling Entity or the Purchased Subsidiaries has received any written
notice or has any reason to believe that any customer of the Business (i) has ceased, or will
cease, to use its services or products, (ii) has substantially reduced or will substantially
reduce, the use of services or products of the Business or (iii) has sought, or is seeking, to
reduce the price it will pay for services or products of the Business, including in each case after
the consummation of the transactions contemplated hereby. No customer of the Business listed on
Schedule 3.14(a) has threatened in writing, nor, to the Knowledge of any of the BP Parties
has otherwise threatened, to take any action described in the preceding sentence as a result of the
consummation of the transactions contemplated by this Agreement.

          (c) None of BPI, the BP Selling Entities or the Purchased Subsidiaries has received any notice
or has any reason to believe that there has been any material adverse change in the price of raw
materials, supplies, merchandise or other goods or services, or that any supplier will not sell raw
materials, supplies, merchandise and other goods to Intcomex at any time after the Closing Date on
terms and conditions similar to those used in its current sales to the BP Asset Selling Entity or
any of the Purchased Subsidiaries, subject to general and customary price increases, unless
comparable raw materials, supplies, merchandise or other goods are readily available from other
sources on comparable terms and conditions. No supplier of the Business listed on Schedule
3.14(a) has threatened in writing, nor, to the Knowledge of any of the BP Parties has otherwise
threatened, to take any action described in the preceding sentence as a result of the consummation
of the transactions contemplated by this Agreement.

     3.15 Warranties. Set forth on Schedule 3.15 are representative forms of
service and product warranties and guarantees granted or issued by the BP Asset Selling Entity or
the Purchased Subsidiaries in connection with the Business. None of the other warranties or
guarantees granted or issued by any of the BP Asset Selling Entity or the Purchased Subsidiaries
differs in any material respect from such representative forms. Except as described in
Schedule 3.15, since December 31, 2006, no warranty or similar claims have been made
against any of the BP Asset Selling Entity or the Purchased Subsidiaries in connection with the
Business or the Business Assets. None of the BP Asset Selling Entity or the Purchased Subsidiaries
has committed any act, and there has been no omission, which would result in, and there has been no
occurrence which could reasonably be expected to give rise to, any material liability or liability
for breach of warranty (whether covered by insurance or not) on the part of any of the BP Asset
Selling Entity or the Purchased Subsidiaries, with respect to services or products sold prior to
the Closing. The BP Balance Sheet reflects adequate reserves (in accordance with GAAP) for
warranty claims and other damages in connection with any service rendered or product sold by any of
the BP Asset Selling Entity or the Purchased Subsidiaries on or prior to the BP Balance Sheet Date.

35

 

     3.16 Labor Relations. With respect to those employees of the Business, each of the BP
Asset Selling Entity and the Purchased Subsidiaries has paid or made provision for the payment of
all salaries and accrued wages and has complied in all respects with all applicable laws, rules and
regulations relating to the employment of labor, including those relating to wages, hours and the
payment and withholding of taxes, and has withheld and paid to the appropriate Governmental Body,
or is holding for payment not yet due to such Governmental Body, all amounts required by applicable
law or agreement to be withheld from the wages or salaries of its respective employees. There are
no controversies pending or, to the Knowledge of any of the BP Parties, threatened, between any of
the BP Asset Selling Entity or the Purchased Subsidiaries, on the one hand, and any labor union or
other collective bargaining unit representing any such Business employees, on the other hand. No
union or other collective bargaining unit has been certified or recognized by any of the BP Asset
Selling Entity or the Purchased Subsidiaries as representing any of their Business employees.

     3.17 Employee Benefit Plans.

          (a) Set forth on Schedule 3.17(a) are all benefit plans covering employees of the
Business that the BP Asset Selling Entity and the Purchased Subsidiaries maintain, to which any of
them contributes or has any obligation to contribute, or with respect to which any of them has any
liability (each, individually an “Employee Benefit Plan” and collectively, the
“Employee Benefit Plans”).

          (b) Each such Employee Benefit Plan (and each related trust, insurance contract, or fund) has
been maintained, funded and administered in accordance with the terms of such Employee Benefit Plan
and complies in form and in operation in all respects with the applicable requirements of ERISA,
the Code, and other applicable Legal Requirements and is exempt from taxation under Section 501(a)
of the Code, except as could not reasonably be expected to have a Material Adverse Effect with
respect to the Business or the Business Assets.

          (c) All required reports and descriptions (including Form 5500 annual reports, summary annual
reports, and summary plan descriptions) with respect to each such Employee Benefit Plan have been
timely filed and distributed in accordance with the applicable requirements of ERISA and the Code,
except as could not reasonably be expected to have a Material Adverse Effect with respect to the
Business or the Business Assets. The applicable requirements of COBRA and HIPAA have been met with
respect to each such Employee Benefit Plan, except as could not reasonably be expected to have a
Material Adverse Effect with respect to the Business or the Business Assets.

          (d) All contributions (including all employer contributions and employee salary reduction
contributions) that are due have been made within the time periods prescribed by ERISA, the Code
and all other applicable Legal Requirements to each such Employee Benefit Plan that is an Employee
Pension Benefit Plan. All contributions for any period ending on or before the Closing Date that
are not yet due have been made to each such Employee Pension Benefit Plan or accrued in accordance
with the past custom and practice of the BP Asset Selling Entity and each of the Purchased
Subsidiaries, as the case may be. All premiums or other payments for all periods ending on or
before the Closing Date have been paid or accrued in accordance with the past custom and practice
of the BP Asset Selling Entity and each of the

36

 

Purchased Subsidiaries, as the case may be, with respect to each such Employee Benefit Plan
that is an Employee Welfare Benefit Plan.

          (e) With respect to each Employee Benefit Plan, no event has occurred, and there exists no
condition or set of circumstances in connection with which the BP Asset Selling Entity or any
Purchased Subsidiary could, directly, or indirectly (through a commonly controlled entity or
otherwise), be subject to any material liability under ERISA, the Code or any other applicable law,
except liability for benefits claims and funding obligations payable in the ordinary course.

          (f) Except as disclosed in Schedule 3.17(f), the consummation of the transactions
contemplated by this Agreement will not: (i) entitle any current or former employee of the Business
to severance pay, unemployment compensation or any similar payment; (ii) accelerate the time of
payment or vesting, or increase the amount of any compensation due to, or in respect of, any
current or former employee of the Business; (iii) result in or satisfy a condition to the payment
of compensation that would, in combination with any other payment, result in an “excess parachute
payment” within the meaning of Section 280G(b) of the Code; or (iv) constitute or involve a
prohibited transaction (as defined in ERISA section 406 or Code section 4975), constitute or
involve a breach of fiduciary responsibility within the meaning of ERISA section 502(l), or
otherwise violate Part 4 of Subtitle B of Title I of ERISA.

          (g) Schedule 3.17(g) sets forth all benefit plans covering employees of the Business
outside the United States (the “Foreign Plans”). The Foreign Plans have been operated in
accordance, and are in full compliance, with all applicable laws and have been operated in
accordance, and are in compliance, with their respective terms. There are no unfunded liabilities
under or in respect of the Foreign Plans, except as could not reasonably be expected to have a
Material Adverse Effect with respect to the Business, and all contributions or other payments
required to be made to or in respect of the Foreign Plans prior to the Closing have been made or
will be made prior to the Closing.

     3.18 Other Benefit and Compensation Plans or Arrangements.

          (a) Schedule 3.18(a) sets forth each employee of the Business, their employer, their
compensation and tenure.

          (b) Except as disclosed in Schedule 3.18(b) and other than with respect to
compensation and benefits paid in the ordinary course of business, none of the BP Asset Selling
Entity or the Purchased Subsidiaries maintains or has maintained, nor is required or has been
required to make contributions under, or is or has been a party to, any Compensation Commitment in
connection with the Business.

     3.19 Brokers. None of the BP Parties nor any director, officer or employee thereof,
has employed any broker or finder or has incurred or will incur any broker’s, finder’s or similar
fees, commissions or expenses, in each case in connection with the transactions contemplated by
this Agreement.

     3.20 Ethical Practices; Foreign Corrupt Practices and International Trade Sanctions.
None of BPI, the BP Selling Entities, the Purchased Subsidiaries or, to the Knowledge of any of

37

 

the BP Parties, any Affiliate, director, officer, agent, employee, or other Person
associated with, or acting on behalf of, BPI, the BP Selling Entities or the Purchased
Subsidiaries, has, directly or indirectly, offered, paid, delivered or given, and none of the BP
Parties is aware of any Person that has offered, paid, delivered or given, on behalf of any of the
BP Selling Entities, any fee, commission, other sum of money or item of property or anything of
value, however characterized, which is in any manner related to the Business, the Business Assets
or operations of any of the BP Selling Entities or the Purchased Subsidiaries, which is, or with
the passage of time or discovery, illegal under any applicable Legal Requirement (including the
Foreign Corrupt Practices Act of 1977, as amended (“FCPA”), or any applicable law of
similar effect) to any of the following Persons: (i) any official of a Governmental Body, any
political party or official thereof or any candidate for political office; (ii) any finder, agent,
client, customer, supplier or other third Person, in the United States or any other country; or
(iii) any other Person, for the purpose of any of the following: (x) influencing any action or
decision of such Person in such Person’s official capacity, including a decision to fail to perform
such Person’s official function; (y) inducing such Person to use such Person’s influence with any
Governmental Body to affect or influence any act or decision of such Governmental Body to assist
any of the BP Selling Entities or the Purchased Subsidiaries in obtaining or retaining business
for, with, or directing business to, any Person; or (z) where such payment would constitute a
bribe, kickback or illegal or improper payment to assist any of the BP Selling Entities or the
Purchased Subsidiaries in obtaining or retaining business for, with, or directing business to, any
Person, except for an immaterial political contribution (in an amount which was less than $1,000)
by a political action committee which was fully disclosed to the appropriate Governmental Body
(without any resulting fine or penalty to BPI, any of the BP Selling Entities or the Purchased
Subsidiaries). In addition, none of the BP Selling Entities or the Purchased Subsidiaries nor, to
the Knowledge of any of the BP Parties, any Affiliate, director, officer, agent, employee, or other
Person associated with, or acting on behalf of, any of the BP Selling Entities or the Purchased
Subsidiaries, has, directly or indirectly, illegally participated in any boycotts or other similar
practices affecting any of its actual or potential customers or established or maintained any
unrecorded fund or asset for any purpose or made any false entries on the books and records of any
of the BP Selling Entities or the Purchased Subsidiaries for any reason. The internal accounting
controls and procedures of the BP Selling Entities and the Purchased Subsidiaries are sufficient to
cause each of them to comply in all material respects with the requirements of the FCPA.

     3.21 Intellectual Property.

          (a) Schedule 3.21(a) sets forth an accurate and complete list of (i) all domain names
currently used in the Business of which any of the BP Asset Selling Entity or any of the Purchased
Subsidiaries is the registrant or of which a third Person or a BP Party is the registrant for the
benefit of any of the BP Asset Selling Entity or the Purchased Subsidiaries, specifying for each
its registrant, administrative contact email address and renewal date (collectively, the
“Registered Domain Names”), (ii) all registered trademarks and pending applications for
registration of trademarks used by the Business (collectively, the “Registered Marks”), and
(iii) all registered copyrights and all pending applications for registration of copyrights used by
the Business (collectively, the “Registered Copyrights” and, together with Registered
Domain Names and Registered Marks, the “Registered IP”). To the Knowledge of the BP
Parties, the conduct of the Business (including the products or services distributed, sold or
offered by the

38

 

Business and all Intellectual Property used in connection with the Business as currently
conducted), does not infringe upon or misappropriate or violate the Intellectual Property rights or
the confidential and proprietary information, including trade secrets, of any third Person. None
of the Registered IP has been the subject of a judicial finding or opinion, nor has any written
notice or claim challenging the ownership, validity, registrability, enforceability, use or
licensed right to use any Intellectual Property been received by any BP Party. No claim or notice
has been asserted against any BP Party in writing or, to the Knowledge of the BP Parties, orally,
that the conduct of the Business as currently conducted infringes in any material respect upon or
misappropriates the Intellectual Property rights or the confidential and proprietary information,
including trade secrets, of any third Person, in each case, except with respect to claims or
notices that have been fully resolved. The BP Asset Selling Entity and each of the Purchased
Subsidiaries, as applicable, has timely paid all filing, examination, issuance, post registration
and maintenance fees, annuities and the like associated with or required with respect to the
Registered IP, and all documents, recordations and certificates necessary to be filed to maintain
the effectiveness of the Registered IP have been filed with the relevant patent, copyright,
trademark or other authorities in the United States or foreign jurisdictions, as the case may be,
so that no item required to be listed on Schedule 3.21(a), has lapsed, expired or been
abandoned or canceled other than in the ordinary course. No item required to be listed in
Schedule 3.21(a) requires any maintenance fee to be paid, affidavit of use to be filed, or any
other action required to maintain such item be taken within six months immediately following the
date of this Agreement.

          (b) To the Knowledge of the BP Parties, no trade secret of the Business has been disclosed or
authorized to be disclosed to any third Person.

          (c) The BP Asset Selling Entity and the Purchased Subsidiaries own all right, title and
interest in and to the Registered IP and are entitled to use such Registered IP in the operation of
the Business as currently conducted to the extent such use is material to the Business, free and
clear of all Liens, other than Permitted Liens. The BP Asset Selling Entity and the Purchased
Subsidiaries own all right, title and interest in and to, or have a valid license to use (if
required), each other item of Intellectual Property currently used by any of the BP Asset Selling
Entity and the Purchased Subsidiaries in the Business and are entitled to use such Intellectual
Property in the operation of the Business as currently conducted to the extent such use is material
to the Business, free and clear of all Liens, other than Permitted Liens.

          (d) Except as disclosed in Schedule 3.21(d), none of the BP Asset Selling Entity or
the Purchased Subsidiaries has been granted any license or similar right under any Contract, nor
has any of the BP Asset Selling Entity or the Purchased Subsidiaries granted any license or similar
right, whether through or under any Contract, in either case, that (i) (A) involves (x) any
exclusive rights in the Intellectual Property licensed thereunder or (y) payments to or by any of
the BP Asset Selling Entity or the Purchased Subsidiaries of fees, royalties or other amounts that
exceed $75,000 per annum in the aggregate or (B) has a remaining term of twelve (12) months or
more, and (ii) is material to the Business as currently conducted. No Intellectual Property being
used by the Business is subject to any outstanding injunction, judgment, order, decree, ruling or
charge against any BP Party of which any BP Party has received notice.

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          (e) There are no claims asserted or threatened by any BP Party that a third Person infringes
on or otherwise violates any rights in or to any Intellectual Property in use by the Business. To
the Knowledge of the BP Parties, no third party is misappropriating, infringing or violating for a
non-commercial, personal or any other purpose any Intellectual Property owned by, used by, or
exclusively licensed to the Business.

          (f) The BP Asset Selling Entity and the Purchased Subsidiaries are in compliance in all
material respects with all applicable Legal Requirements regarding the reception, collection, use,
interception, importation or exportation of personal data and with their respective published
privacy policies and other terms of use or business applicable to personal data collected from
users of any websites operated by any of them. To the Knowledge of the BP Parties, no third Person
has gained unauthorized access to any such personal data.

          (g) The Intellectual Property included in the Purchased Assets and owned by the Purchased
Subsidiaries, together with the rights granted by the BP Asset Selling Entity and the Purchased
Subsidiaries under the License Agreement, are sufficient (subject to, and to the extent of, the
matters expressly disclosed on Schedule 3.21(g)), for the conduct of the Business as
currently conducted in every jurisdiction where it is conducted as of the date hereof in all
material respects, and neither the execution of this Agreement nor the consummation of any
transaction contemplated hereby will materially adversely affect any of the rights of the BP Asset
Selling Entity and the Purchased Subsidiaries with respect to the Intellectual Property owned by
them or Material Third Party Intellectual Property licensed by or to them, including, without
limitation, the ability of the Business to continue to use all such Material Third Party
Intellectual Property as currently used after the Closing Date, except as set forth in Schedule
3.21(g).

          (h) The computer systems, including the Software, hardware, firmware, middleware, servers,
workstations, routers, and all data communications and other information technology equipment
currently used in the conduct of the Business operate and function in all material respects in
accordance with their operation and performance prior to the date hereof and are sufficient in all
material respects for the use of such computer systems by the Business, as currently conducted,
after the Closing Date. The BP Asset Selling Entity and the Purchased Subsidiaries have implemented
reasonable security controls to prevent unauthorized access to or interference with the computer
systems.

     3.22 Transactions with Insiders. Except as set forth on Schedule 3.22 hereto,
there are no outstanding loans, leases or other Contracts between any of the BP Asset Selling
Entity or the Purchased Subsidiaries, on the one hand, and any Insider, on the other hand, that
have occurred since January 1, 2006 other than compensation and benefits paid to employees of the
Business in the ordinary course of business.

     3.23 Disclosure. Neither BPI nor any of the BP Selling Entities has made any material
misrepresentation to Intcomex relating to this Agreement, the Business, the Business Assets, the
Purchased Equity Interests or the Assumed Liabilities and neither BPI nor any of the BP Selling
Entities has omitted to state to Intcomex any material fact relating to this Agreement, the
Business, the Business Assets, the Purchased Equity Interests or Assumed Liabilities which is
necessary in order to make the information given by or on behalf of BPI and the BP Selling Entities
to Intcomex or its representatives at or prior to Closing not misleading or which, if

40

 

disclosed, would reasonably affect the decision of a Person considering an acquisition of the
Business Assets or the assumption of the Assumed Liabilities. No fact, event, condition or
contingency exists or has occurred which has, or in the future can reasonably be expected to have,
a Material Adverse Effect with respect to the Business, which has not been disclosed in the BP
Financial Statements or the Schedules to this Agreement.

     3.24 No Other Representations or Warranties; Schedules. Except for the
representations and warranties contained in this ARTICLE III and ARTICLE IV (as
modified by the Schedules hereto), none of BPI, any BP Selling Entity or any other Person makes any
other express or implied representation or warranty with respect to BPI, any BP Selling Entity, any
Purchased Subsidiary, the Business, the Business Assets (including the value, condition or use of
any Business Asset), the Purchased Equity Interests, the Assumed Liabilities or the transactions
contemplated by this Agreement. Except for the representations and warranties contained in this
ARTICLE III and ARTICLE IV (as modified by the Schedules hereto), BPI and the BP
Selling Entities each expressly disclaims and negates any representation or warranty, expressed or
implied, at common law, by statute or otherwise, relating to the condition of the Business Assets
(including any implied or expressed warranty of merchantability or fitness for a particular
purpose, or of the probable success or profitability of the ownership, use or operation of the
Business Assets by Intcomex or any other Intcomex Party after the Closing).

ARTICLE IV

REPRESENTATIONS AND WARRANTIES RELATING TO THE PURCHASED EQUITY 

INTERESTS AND THE PURCHASED INTCOMEX STOCK

     4.1 BPLA Investor Representations. BPLA hereby represents and warrants to Intcomex as
follows:

          (a) Qualified Investor. BPLA has such knowledge, sophistication and experience in
business and financial matters so as to be capable of evaluating the merits and risks of the
investment in the Purchased Intcomex Stock, including the risk that BLPA could lose the entire
value of the Purchased Intcomex Stock, and has so evaluated the merits and risks of such purchase.
BLPA is experienced in making investments of the kind described herein and is able to bear the
economic and financial risk of purchasing the Purchased Intcomex Stock. BLPA is an “accredited
investor” as defined in Rule 501(a) of Regulation D. BLPA also represents it has not been organized
for the purpose of acquiring the Purchased Intcomex Stock.

          (b) Restricted Securities. BLPA understands that the Purchased Intcomex Stock are
“restricted securities” as defined in Rule 144 promulgated under the Securities Act inasmuch as
they are being acquired from Intcomex in a transaction not involving a public offering and that
under the Securities Act and applicable regulations the Purchased Intcomex Stock may be resold
without registration, only in certain limited circumstances. In this connection, BPLA represents
that it is familiar with Rule 144 under the Securities Act (“Rule 144”), as presently in
effect, and understands the resale limitations imposed thereby and by the Securities Act. All
subsequent offers and sales by BPLA of the Purchased Intcomex Stock shall be made pursuant to an
effective registration statement under the Securities Act or pursuant to an applicable exemption
from such registration.

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          (c) Reliance on Representations. BPLA understands that the shares of the Purchased
Intcomex Stock are being offered and sold to it in reliance upon exemptions from the registration
requirements of the United States federal securities laws, and that Intcomex is relying upon the
truthfulness and accuracy of BPLA representations and warranties, and BPLA’s compliance with its
covenants and agreements, as applicable, each as set forth herein, in order to determine the
availability of such exemptions and the eligibility of BPLA to acquire the Purchased Intcomex
Stock.

          (d) Investment Intent. BPLA is acquiring the Purchased Intcomex Stock for investment
for BPLA’s own benefit and account for investment purposes only, not as a nominee or agent, and not
with the view to, or for resale or distribution of any part thereof in connection with, any public
offering or distribution thereof, nor with any present intention of selling, granting any
participation in, or otherwise distributing any such Purchased Intcomex Stock. BPLA further
represents that it does not have any contract, undertaking, agreement or arrangement with any
Person to sell, transfer or grant participations to such Person, with respect to any of the
Purchased Intcomex Stock. BPLA is aware of the limits on resale imposed by virtue of the
transaction contemplated by this Agreement and is aware that the certificates for the Purchased
Intcomex Stock will bear restrictive legends.

          (e) Access to and Evaluation of Information Concerning Intcomex. BPLA has been given
access to and an opportunity to examine such documents, materials and information concerning
Intcomex as BPLA deems to be necessary or advisable in order to reach an informed decision as to an
investment in Intcomex and BPLA has carefully reviewed and understands these materials and has had
answered to its full satisfaction any and all questions regarding such information. BPLA has made
such independent investigation of Intcomex, its management, and related matters as BPLA deems to be
necessary or advisable in connection with the purchase of the Purchased Intcomex Stock.

          (f) General Solicitation. BPLA has not been offered the Purchased Intcomex Stock by
any means of general solicitation or general advertising.

          (g) Tax Advisors. BPLA has reviewed with its own tax advisors the federal, state and
local tax consequences of the investment in the Purchased Intcomex Stock, where applicable, and the
transactions contemplated by this Agreement and the other Transaction Documents. BPLA is relying
solely on such advisors and not on any statements or representations of Intcomex or any of its
agents and understands that it (and not Intcomex) shall be responsible for BPLA’s own tax liability
that may arise as a result of this investment or the transactions contemplated by this Agreement
and the other Transaction Documents.

          (h) Legal Counsel. BPLA acknowledges that it has had the opportunity to review this
Agreement, the other Transaction Documents, the exhibits and the schedules attached hereto and
thereto and the transactions contemplated hereby and thereby with its own legal counsel. BPLA is
relying solely on such legal counsel and not on any statements or representations of Intcomex or
any of Intcomex’s agents, including but not limited to Carlton Fields, P.A., for legal advice with
respect to the investment in the Purchased Intcomex Stock or the transactions contemplated by this
Agreement and the other Transaction Documents.

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     4.2 Intcomex Investor Representations. Intcomex hereby represents and warrants
to BPI as follows:

          (a) Qualified Investor. Intcomex has such knowledge, sophistication and experience in
business and financial matters so as to be capable of evaluating the merits and risks of the
investment in the Purchased Equity Interests, including the risk that Intcomex could lose the
entire value of the Purchased Equity Interests, and has so evaluated the merits and risks of such
purchase. Intcomex is experienced in making investments of the kind described herein and is able
to bear the economic and financial risk of purchasing the Purchased Equity Interests. Intcomex is
an “accredited investor” as defined in Rule 501(a) of Regulation D. Intcomex also represents it has
not been organized for the purpose of acquiring the Purchased Equity Interests.

          (b) Restricted Securities. Intcomex understands that the Purchased Equity Interests
are “restricted securities” as defined in Rule 144 promulgated under the Securities Act inasmuch as
they are being acquired from Intcomex in a transaction not involving a public offering and that
under the Securities Act and applicable regulations, the Purchased Equity Interests may be resold
without registration, only in certain limited circumstances. In this connection, Intcomex
represents that it is familiar with Rule 144, as presently in effect, and understands the resale
limitations imposed thereby and by the Securities Act. All subsequent offers and sales by Intcomex
of the Purchased Equity Interests shall be made pursuant to an effective registration statement
under the Securities Act or pursuant to an applicable exemption from such registration.

          (c) Reliance on Representations. Intcomex understands that the Purchased Equity
Interests are being offered and sold to it in reliance upon exemptions from the registration
requirements of the United States federal securities laws, and that BPI is relying upon the
truthfulness and accuracy of Intcomex’s representations and warranties, and Intcomex’s compliance
with its covenants and agreements, as applicable, each as set forth herein, in order to determine
the availability of such exemptions and the eligibility of Intcomex to acquire the Purchased Equity
Interests.

          (d) Investment Intent. Intcomex is acquiring the Purchased Equity Interests for
investment for Intcomex’s own benefit and account for investment purposes only, not as a nominee or
agent, and not with the view to, or for resale or distribution of any part thereof in connection
with, any public offering or distribution thereof, nor with any present intention of selling,
granting any participation in, or otherwise distributing any such Purchased Equity Interests.
Intcomex further represents that it does not have any contract, undertaking, agreement or
arrangement with any Person to sell, transfer or grant participations to such Person, with respect
to any of the Purchased Equity Interests. Intcomex is aware of the limits on resale imposed by
virtue of the transaction contemplated by this Agreement and is aware that the certificates for the
Purchased Equity Interests will bear restrictive legends.

          (e) Access to and Evaluation of Information Concerning the Purchased Subsidiaries.
Intcomex has been given access to and an opportunity to examine such documents, materials and
information concerning the Purchased Subsidiaries as Intcomex deems to be necessary or advisable in
order to reach an informed decision as to an investment in the Purchased Subsidiaries and Intcomex
has carefully reviewed and understands these materials and

43

 

has had answered to its full satisfaction any and all questions regarding such information.
Intcomex has made such independent investigation of the Purchased Subsidiaries, their respective
management, and related matters as Intcomex deems to be necessary or advisable in connection with
the purchase of the Purchased Equity Interests.

          (f) General Solicitation. Intcomex has not been offered the Purchased Equity Interests
by any means of general solicitation or general advertising.

          (g) Tax Advisors. Intcomex has reviewed with its own tax advisors the federal, state
and local tax consequences of the investment in the Purchased Equity Interests, where applicable,
and the transactions contemplated by this Agreement and the other Transaction Documents. Except for
the representations set forth in Section 3.8, Intcomex is relying solely on such advisors and not
on any statements or representations of BPI or any of its agents and understands that it (and not
BPI) shall be responsible for Intcomex’s own tax liability that may arise as a result of this
investment or the transactions contemplated by this Agreement and the other Transaction Documents.

          (h) Legal Counsel. Intcomex acknowledges that it has had the opportunity to review
this Agreement, the other Transaction Documents, the exhibits and the schedules attached hereto and
thereto and the transactions contemplated hereby and thereby with its own legal counsel. Intcomex
is relying solely on such legal counsel and not on any statements or representations of BPI or any
of BPI’s agents, including but not limited to Blank Rome LLP, for legal advice with respect to the
investment in the Purchased Equity Interests or the transactions contemplated by this Agreement and
the other Transaction Documents.

ARTICLE V

REPRESENTATIONS AND WARRANTIES OF INTCOMEX AND THE OTHER INTCOMEX PARTIES

     Intcomex and each of the other Intcomex Parties, jointly and severally, hereby represent and
warrant to BPI and the BP Selling Entities as follows:

     5.1 Organization and Good Standing. Each of Intcomex and the other Intcomex Parties
is duly organized, validly existing and in good standing under the laws of the jurisdiction of its
formation and has the organizational power and authority to own, lease and operate the properties
used in its business and to carry on its business as now being conducted. Each of Intcomex and the
other Intcomex Parties has previously delivered to BPI complete and correct copies of its
certificate of incorporation and bylaws or articles of organization and operating agreement (or
equivalent organizational documents with different names), as the case may be, as presently in
effect. A list of the Subsidiaries of Intcomex along with their jurisdiction of incorporation or
formation is set forth on Schedule 5.1. Except as disclosed on Schedule 5.1,
Intcomex does not have any Subsidiaries and does not own or have any right to acquire any equity
interest in any other Person. Except as disclosed on Schedule 5.1, Intcomex is and will be
on the Closing Date the sole record and beneficial owner and holder of all equity interests in such
Subsidiaries.

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     5.2 Title to Assets. Except as set forth on Schedule 5.2, Intcomex and its
Subsidiaries have good and marketable title to, or a valid leasehold or rental interest in, the
tangible properties and assets they purport to own or lease, or shown on the Most Recent Intcomex
Balance Sheet or acquired, rented or leased after the date thereof, free and clear of all Liens,
except for properties and assets disposed of in the ordinary course of business consistent with
past practice since the date of the Most Recent Intcomex Balance Sheet. Except as set forth on
Schedule 5.2, Intcomex and its Subsidiaries own or have valid rights to use, free and clear
of all Liens, all of the assets used in the conduct of their respective businesses. Such assets are
sufficient for Intcomex and its Subsidiaries to continue to operate their respective businesses in
the same manner as it is currently conducted.

     5.3 Authority, Approvals and Consents. Intcomex and the Intcomex Parties have the
organizational power and authority to enter into this Agreement and the other Transaction Documents
to which they are a party and to perform their obligations hereunder and thereunder. The
execution, delivery and performance of this Agreement, the other Transaction Documents and the
consummation of the transactions contemplated hereby and thereby have been duly authorized and
approved by the board of directors or similar governing body of Intcomex and the other Intcomex
Parties and no other organizational proceedings on the part of Intcomex and the other Intcomex
Parties are necessary to authorize and approve this Agreement, the other Transaction Documents and
the transactions contemplated hereby and thereby. This Agreement has been duly executed and
delivered by Intcomex and the other Intcomex Parties, and constitutes a valid and binding
obligation of Intcomex and the other Intcomex Parties, enforceable against each of them in
accordance with its terms (except as enforceability may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally or by
the principles governing the availability of equitable remedies). The execution, delivery and
performance by Intcomex and the other Intcomex Parties of this Agreement and the other Transaction
Documents to which any of them is a party and the consummation of the transactions contemplated
hereby and thereby do not and will not:

          (a) contravene any provisions of the certificate of incorporation and bylaws of Intcomex or
the Intcomex Parties (or equivalent documents with different names);

          (b) (after notice or lapse of time or both) conflict with, result in a breach of any provision
of, constitute a default under, result in the modification or cancellation of, or give rise to any
right of termination or acceleration in respect of, any material Contract to which Intcomex or any
other Intcomex Party is a party to or to which Intcomex or any other Intcomex Party or any of
Intcomex’s or other Intcomex Party’s property is subject, or require any consent or waiver (other
than as set forth in Schedule 5.3(b)), of any third Person to any such Contract;

          (c) result in the creation of any Lien (other than Permitted Liens) upon, or any Person
obtaining any right to acquire, any assets of Intcomex or any of its Subsidiaries, including the
Purchased Intcomex Stock;

          (d) violate or conflict with any Legal Requirements applicable to Intcomex or any of its
Subsidiaries or the businesses or properties thereof; or

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          (e) require any authorization, consent, order, permit or approval of, or notice to, or filing,
registration or qualification (other than as set forth in Schedule 5.3(e)) with, any
Governmental Body or any third Person under any material Contract to which Intcomex or any other
Intcomex Party is a party to or to which Intcomex or any other Intcomex Party or any of Intcomex’s
or other Intcomex Party’s property is subject.

     5.4 Capitalization. On the date hereof, the authorized capital of Intcomex consists
of: (i) 140,000 shares of Intcomex Common Stock, of which 100,000 shares are issued and outstanding
and (ii) 60,000 shares of Class B, non-voting Intcomex Common Stock, 29,357 of which are issued and
outstanding. In addition, Intcomex has outstanding restricted stock awards, warrants and options
to purchase an aggregate of 1,714 shares of Intcomex Common Stock. Schedule 5.4 attached
hereto accurately discloses the outstanding capital stock of Intcomex and all outstanding options,
warrants, convertible notes, or any other rights or instruments which would entitle the holder
thereof to acquire shares of Intcomex Common Stock or other equity interests in Intcomex upon
conversion or exercise, setting forth for each such holder the type of security, number of equity
shares covered thereunder, the exercise or conversion price thereof, the vesting schedule thereof
(if any), and the issuance date and expiration date thereof. Other than as disclosed in
Schedule 5.4, there are no outstanding rights, agreements, arrangements or understandings
to which Intcomex is a party (written or oral) which would obligate Intcomex to issue any equity
interest, option, warrant, convertible note, or other types of securities or to register any shares
in a registration statement filed with the SEC. Other than as disclosed in Schedule 5.4,
there is no agreement, arrangement or understanding between or among any entities or individuals
which affects, restricts or relates to voting, giving of written consents, dividend rights or
transferability of shares with respect to any voting shares of Intcomex, including without
limitation any voting trust agreement or proxy. Schedule 5.4 accurately discloses all the
shares subject to “lock-up” or similar agreements or arrangements by which any equity shares are
subject to resale restrictions and Intcomex has provided BPI complete and accurate copies of all
such agreements, which agreements are in full force and effect. Except as set forth in
Schedule 5.4, there are no outstanding obligations of Intcomex to repurchase, redeem or
otherwise acquire for value any outstanding shares of capital stock or other ownership interests of
Intcomex or to provide funds to or make any investment (in the form of a loan, capital contribution
or otherwise) in any other entity. There are no anti-dilution or price adjustment provisions
regarding any security issued by Intcomex (or in any agreement providing rights to security
holders) that will be triggered by the issuance of the Purchased Intcomex Stock.

     5.5 Validity of Securities. The Purchased Intcomex Stock that is being purchased by
BPI hereunder, when issued, sold and delivered to BPI in accordance with the terms of this
Agreement for the consideration expressed herein, will be duly and validly issued, fully paid, and
nonassessable, free of any Liens, except for restrictions on transfer provided for in the Fifth
Amendment or under the Securities Act or other applicable securities laws, and will not subject the
holder thereof to personal liability by reason of being such a holder. The 38,769 shares of
Intcomex Common Stock being purchased hereunder will constitute approximately 23% of the issued and
outstanding shares of capital stock of Intcomex immediately following the Closing.

     5.6 Private Offering. Assuming the truth and accuracy of BPI’s representations and
warranties set forth in ARTICLE IV hereof, the offer, sale and issuance of the Purchased Intcomex
Stock as contemplated hereby is exempt from the registration requirements of the

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Securities Act. Intcomex agrees that neither Intcomex nor anyone acting on its behalf will
offer any of the Purchased Intcomex Stock or solicit any offer to acquire any of the same from
anyone so as to render the issuance and sale of such Purchased Intcomex Stock subject to the
registration requirements of the Securities Act. Intcomex has not offered or sold the Purchased
Intcomex Stock by any form of general solicitation or general advertising, as such terms are used
in Rule 502(c) under the Securities Act.

     5.7 SEC Documents; Financial Statements.

          (a) Except as set forth on Schedule 5.7(a), since September 30, 2006, Intcomex has
timely filed all reports, schedules, forms, statements and other documents required to be filed by
it with the SEC pursuant to the reporting requirements of the Exchange Act (all of the foregoing
filed prior to the date this representation is made (including all exhibits included therein and
financial statements and schedules thereto and documents incorporated by reference therein) being
referred to herein as the “SEC Documents” and Intcomex’s consolidated balance sheet as of
September 30, 2010 (the “Intcomex Balance Sheet Date”), as included in Intcomex’s quarterly
report on Form 10-Q for the period then ended, as filed with the SEC on November 15, 2010, being
referred to herein as the “Most Recent Intcomex Balance Sheet”). As of their respective
dates, the SEC Documents complied in all material respects with applicable securities laws. None
of the SEC Documents, at the time they were filed with the SEC, contained any untrue statement of a
material fact or omitted to state a material fact required to be stated therein or necessary in
order to make the statements therein, in light of the circumstances under which they were made, not
misleading. Since the filing of each of the SEC Documents, no event has occurred that would
require an amendment or supplement to any such SEC Document and as to which such an amendment or
supplement has not been filed and made publicly available on the SEC’s EDGAR system no less than
five (5) Business Days prior to the date this representation is made.

          (b) As of their respective dates, the consolidated financial statements of Intcomex and its
Subsidiaries included in the SEC Documents for the years ended December 31, 2009, December 31, 2008
and December 31, 2007 are, and all financial statements of Intcomex and its Subsidiaries included
in SEC Documents filed with the SEC between the date of this Agreement and the Closing Date will
be, accurate and complete and have been, and will be, prepared in accordance with GAAP consistently
applied and present fairly in all material respects the consolidated financial position, results of
operations and cash flows of Intcomex and its Subsidiaries as at the dates and for the periods
indicated therein and have been, and will be, examined and audited by Intcomex’s independent
auditors in accordance with auditing standards generally accepted by international accounting
firms.

          (c) Since September 30, 2006, none of Intcomex, its Subsidiaries and their respective
officers, directors and Affiliates or, to Intcomex’s Knowledge, any stockholder of Intcomex has
made any filing with the SEC or issued any press release on behalf of Intcomex or any of its
Subsidiaries or otherwise relating to Intcomex or any of its Subsidiaries that contains any untrue
statement of a material fact or omits any statement of material fact necessary in order to make the
statements therein, in the light of the circumstances under which they are or were made, not
misleading or has provided any other information to BPI that, considered in the aggregate, contains
any untrue statement of a material fact or omits to state any material fact

47

 

necessary in order to make the statements therein, in the light of the circumstances under
which they are or were made, not misleading.

          (d) The accounting firm that has expressed its opinion with respect to the consolidated
financial statements included in Intcomex’s most recently filed annual report on Form 10-K (the
“Audit Opinion”) is independent of Intcomex pursuant to the standards set forth in Rule
2-01 of Regulation S-X promulgated by the SEC and such firm was otherwise qualified to render the
Audit Opinion under applicable securities laws. Each accounting firm that since such filing has
conducted or will conduct a review or audit of any of Intcomex’s consolidated financial statements
is independent of Intcomex pursuant to the standards set forth in Rule 2-01 of Regulation S-X
promulgated by the SEC and is otherwise qualified to conduct such review or audit and render an
audit opinion under applicable securities laws.

          (e) There is no transaction, arrangement or other relationship between Intcomex and an
unconsolidated or other off-balance-sheet entity that is required to be disclosed by Intcomex in
its reports pursuant to the Exchange Act that has not been so disclosed in the SEC Documents at
least five (5) Business Days prior to the date of this Agreement.

          (f) Since September 30, 2006, there have been no internal or SEC inquiries or investigations
(formal or informal) regarding accounting or revenue recognition discussed with, reviewed by or
initiated at the direction of any executive officer, board of directors or any committee thereof of
Intcomex or any of its Subsidiaries.

          (g) Intcomex is not a “shell company” (as defined in Rule 12b-2 under the Exchange Act).

          (h) Intcomex maintains a system of internal accounting controls sufficient to provide
reasonable assurance that (i) transactions are executed in accordance with management’s general or
specific authorizations, (ii) transactions are recorded as necessary to permit preparation of
financial statements in accordance with GAAP and to maintain asset accountability, (iii) access to
assets is permitted only in accordance with management’s general or specific authorization, and
(iv) the recorded accountability for assets is compared with the existing assets at reasonable
intervals and appropriate action is taken with respect to any differences.

     5.8 Absence of Undisclosed Liabilities. Except as set forth on Schedule 5.8,
Intcomex has no liability of any nature whatsoever (whether known or unknown, due or to become due,
accrued, absolute, contingent or otherwise) including, any unfunded obligation under employee
benefit plans or arrangements or liabilities for Taxes, except for (i) liabilities reflected or
reserved against in the Most Recent Intcomex Balance Sheet, (ii) liabilities incurred in the
ordinary course of business and consistent with past practice after the Intcomex Balance Sheet
Date, and (iii) liabilities which, individually and in the aggregate, do not have a Material
Adverse Effect with respect to Intcomex.

     5.9 Absence of Material Adverse Effect; Conduct of Business. Except as set forth on
Schedule 5.9, since the Intcomex Balance Sheet Date, there has been no Material Adverse
Effect

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with respect to Intcomex. Without limiting the foregoing, except as set forth on Schedule
5.9, since the Intcomex Balance Sheet Date, there has not been, occurred or arisen:

     (i) any damage, destruction or loss to the assets of any of the Intcomex
Parties (whether or not covered by insurance) that, individually or in the
aggregate, could reasonably be expected to have a Material Adverse Effect with
respect to Intcomex;

     (ii) any material change in any (i) accounting principle or method used for
financial reporting purposes by any of the Intcomex Parties except as expressly
disclosed in the financial statement of Intcomex, or (ii) election for federal
income tax purposes used by any of the Intcomex Parties;

     (iii) any amendment or other change to the certificate of incorporation (other
than as a result of the Conversion) and bylaws or articles of organization and
operating agreement (or equivalent organizational documents with different names) of
any of the Intcomex Parties, as the case may be;

     (iv) any creation, incurrence or assumption of any material indebtedness for
money borrowed by any of the Intcomex Parties; or

     (v) any authorization, approval, agreement or commitment to do any of the
foregoing.

     It is hereby acknowledged and agreed by Intcomex that the disclosure set forth on Schedule
5.9 in respect of the Excess Indemnification Payments shall not in any way affect the rights of
the BP Parties to assert that there has been a Material Adverse Effect with respect to Intcomex in
the event that any action, suit, claim or demand by any third Person or Governmental Body occurs as
a consequence of the execution, delivery and performance by Intcomex and the other parties thereto
of the Intcomex Indemnity Agreement.

     5.10 Taxes

          (a) The Intcomex Parties have filed or caused to be filed on a timely basis all Tax Returns
that are or were required to be filed by or with respect to them, pursuant to applicable Legal
Requirements (taking into account all applicable extensions). The Intcomex Parties have paid all
material Taxes that have or may have become due pursuant to those Tax Returns or otherwise, or
pursuant to any assessment received by any of the Intcomex Parties.

          (b) To the Knowledge of Intcomex and other the Intcomex Parties, no Tax Returns of any of the
Intcomex Parties have been audited by the IRS or any applicable state or foreign tax authorities.
None of the Intcomex Parties has given or been requested to give waivers or extensions (or is or
would be subject to a waiver or extension given by any other Person) of any statute of limitations
relating to the payment of Taxes for which any of the Intcomex Parties may be liable.

          (c) All Tax Returns filed by Intcomex and the Intcomex Parties are true, correct, and
complete.

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     5.11 Legal Matters.

          (a) (i) There are no Claims pending or, to the Knowledge of Intcomex and the other Intcomex
Parties, threatened, against or affecting any Intcomex Party employee, any employee benefit plan or
any of their respective properties or rights before or by any court, arbitrator, panel, agency or
other governmental, administrative, self-regulatory organization or judicial entity which could
reasonably be expected to have a Material Adverse Effect with respect to Intcomex, and (ii) none of
the Intcomex Parties is subject to any Judgment of any Governmental Body.

          (b) The businesses of the Intcomex Parties are being conducted in compliance in all material
respects with all Legal Requirements applicable to its employees and such businesses. The Intcomex
Parties hold, and are in compliance in all material respects with, all Permits required by all
applicable Legal Requirements for the conduct of their respective businesses as currently
conducted.

          (c) No event has occurred and is continuing which permits, or after notice or lapse of time or
both would permit, any modification or termination of any Permits which could reasonably be
expected to have a Material Adverse Effect with respect to Intcomex.

          (d) Neither Intcomex nor any of the other Intcomex Parties (i) has received any written or
oral notice asserting any material noncompliance with any Legal Requirement or Permit pertaining to
their respective businesses, (ii) is subject to any Legal Requirement which if enforced against or
complied with by Intcomex or the Intcomex Parties could reasonably be expected to have a Material
Adverse Effect with respect to Intcomex, and (iii) has any Knowledge of (A) any Legal Requirement
proposed which, if effective, could reasonably be expected to have a Material Adverse Effect with
respect to Intcomex, and (B) any Governmental Body that has indicated any intention to initiate
any investigation, inquiry or review involving any of the Intcomex Parties, their employees, any
employee benefit plan, their respective businesses or assets.

     5.12 Intcomex Indemnity Agreement.

          (a) The execution, delivery and performance by Intcomex and the other parties thereto of the
Intcomex Indemnity Agreement does not and will not:

     (i) contravene any provisions of the certificate of incorporation and bylaws of
Intcomex;

     (ii) (after notice or lapse of time or both) conflict with, result in a breach of any
provision of, constitute a default under, result in the modification or cancellation of, or
give rise to any right of termination or acceleration in respect of, any material Contract
to which Intcomex is a party to or to which Intcomex or any of Intcomex’s property is
subject, or require any consent or waiver, of any third Person to any such Contract;

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     (iii) result in the creation of any Lien (other than Permitted Liens) upon, or any
Person obtaining any right to acquire, any assets of Intcomex or any of its Subsidiaries,
including the Purchased Intcomex Stock;

     (iv) violate or conflict with any Legal Requirements applicable to Intcomex or any of
its Subsidiaries or the businesses or properties thereof; or

     (v) require any authorization, consent, order, permit or approval of, or notice to, or
filing, registration or qualification with, any Governmental Body or any third Person under
any material Contract to which Intcomex is a party to or to which Intcomex or any of
Intcomex’s property is subject.

          (b) The Intcomex Indemnity Agreement has not caused and will not cause any loss, damage,
liability, claim, fee, cost or expense to Intcomex, other than the return of the Excess
Indemnification Payments and other than legal and accounting fees associated with the structuring,
documentation and disclosure of the transactions contemplated by the Intcomex Indemnity Agreement.

     5.13 Brokers. No Intcomex Party, nor any director, officer or employee thereof, has
employed any broker or finder or has incurred or will incur any broker’s, finder’s or similar fees,
commissions or expenses, in each case in connection with the transactions contemplated by this
Agreement.

     5.14 Disclosure. Neither Intcomex nor any of the other Intcomex Parties has made any
material misrepresentation to BPI or the BP Selling Entities relating to this Agreement or the
Purchased Intcomex Stock and neither Intcomex nor any of the other Intcomex Parties has omitted to
state to BPI and the BP Selling Entities any material fact relating to this Agreement or the
Purchased Intcomex Stock which is necessary in order to make the information given by or on behalf
of Intcomex and the other Intcomex Parties to BPI and the BP Selling Entities or their
representatives at or prior to Closing not misleading or which, if disclosed, would reasonably
affect the decision of a Person considering an acquisition of the Purchased Intcomex Stock. No
fact, event, condition or contingency exists or has occurred which has, or in the future can
reasonably be expected to have, a Material Adverse Effect with respect to Intcomex, which has not
been disclosed in the SEC Documents of Intcomex or the Schedules to this Agreement.

     5.15 No Other Representations or Warranties; Schedules. Except for the
representations and warranties contained in this ARTICLE IV (as modified by the Schedules
hereto), none of the Intcomex Parties or any other Person makes any other express or implied
representation or warranty with respect to Intcomex, any other Intcomex Party, the Intcomex Common
Stock, the Purchased Intcomex Stock or the transactions contemplated by this Agreement. Except for
the representations and warranties contained in this ARTICLE IV (as modified by the
Schedules hereto), each of the Intcomex Parties each expressly disclaims and negates any
representation or warranty, expressed or implied, at common law, by statute or otherwise, relating
to the Purchased Intcomex Stock.

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ARTICLE VI

INTCOMEX’S AND OTHER INTCOMEX PARTIES’ CONDITIONS TO EFFECT CLOSING

     The obligations of Intcomex and the other Intcomex Parties required to be performed by them at
the Closing shall be subject to the satisfaction, at or prior to the Closing, of each of the
following conditions, each of which may be waived in whole or in part by Intcomex in its sole
discretion as provided herein except as otherwise required by applicable law:

     6.1 Representations and Warranties; Agreements; Covenants. Each of the
representations and warranties of BPI and the BP Selling Entities contained in this Agreement or in
any other Transaction Document to which any of them is a party shall be true and correct in all
material respects on and as of the date of this Agreement and (having been deemed to have been made
again at and as of the Closing) shall be true and correct in all material respects at and as of the
Closing, except for representations and warranties that speak as of a specific date or time other
than the Closing (which need only be true and correct in all material respects as of such date or
time); provided, however, that if any portion of such representation or warranty is
subject to any materiality qualification (including qualifications indicating accuracy in all
material respects) or “Material Adverse Effect” qualification for purposes of determining whether
this condition has been satisfied, such portion of such representation or warranty as so qualified
shall be true and correct in all respects. Each of the obligations of BPI and the BP Selling
Entities required by this Agreement to be performed by them at or prior to the Closing shall have
been duly performed and complied with by each of them in all material respects as of the Closing.
At the Closing, Intcomex shall have received certificates, dated the Closing Date and duly executed
by an executive officer of BPI and each of the BP Selling Entities to the effect that the
conditions set forth in the preceding two sentences has been satisfied.

     6.2 Authorization; Consents. All notices to, and declarations, filings and
registrations with, and consents, authorizations, approvals and waivers from, any Governmental Body
required to consummate the transactions contemplated hereby (including those that may be required
by laws of any jurisdiction outside the United States) and those consents and waivers set forth on
Schedule 6.2 attached hereto shall have been made or obtained to the reasonable
satisfaction of Intcomex.

     6.3 Other Closing Deliveries. All Closing deliveries set forth in Section 2.4(a)
shall have been delivered to Intcomex.

     6.4 Releases. BPI shall have received the releases of those Liens which are set forth
on Schedule 6.4.

     6.5 Settlement of Certain Intercompany Transactions. At or prior to the Closing, BPI
shall, and shall cause its Subsidiaries to, eliminate, release, transfer, terminate or settle, to
the reasonable satisfaction of Intcomex, all intercompany receivables and payables between the
Business, on the one hand, and the businesses of BPI and any Subsidiaries thereof (other than the
Business), on the other hand, it being acknowledged and agreed by the Parties that Intcomex is not
acquiring any intercompany receivables and is assuming no intercompany payables.

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     6.6 Injunction; Litigation. No party hereto shall be subject to any order or
injunction (whether preliminary or permanent) restraining or prohibiting the consummation of the
transactions contemplated hereby, and no action shall have been taken, or no statute, rule,
regulation or order shall have been promulgated or enacted by any Governmental Body, which would
prevent or make illegal the consummation of the transactions contemplated hereby.

     6.7 Material Adverse Effect. There shall not have been a Material Adverse Effect with
respect to the Business.

ARTICLE VII

BPI’S AND BP SELLING ENTITIES’ CONDITIONS TO EFFECT CLOSING

     The obligations of BPI and the BP Selling Entities required to be performed by them at the
Closing shall be subject to the satisfaction, at or prior to the Closing, of each of the following
conditions, each of which may be waived in whole or in part by BPI in its sole discretion as
provided herein except as otherwise required by applicable law:

     7.1 Representations and Warranties; Agreements; Covenants. Each of the
representations and warranties of Intcomex and the other Intcomex Parties contained in this
Agreement or in any other Transaction Document to which any of them is a party shall be true and
correct in all material respects on and as of the date of this Agreement and (having been deemed to
have been made again at and as of the Closing) shall be true and correct in all material respects
at and as of the Closing, except for representations and warranties that speak as of a specific
date or time other than the Closing (which need only be true and correct in all material respects
as of such date or time); provided, however, that if any portion of such
representation or warranty is subject to any materiality qualification (including qualifications
indicating accuracy in all material respects) or “Material Adverse Effect” qualification for
purposes of determining whether this condition has been satisfied, such portion of such
representation or warranty as so qualified shall be true and correct in all respects. Each of the
obligations of Intcomex and the other Intcomex Parties required by this Agreement to be performed
by it at or prior to the Closing shall have been duly performed and complied with by each of them
in all material respects as of the Closing. At the Closing, BPI shall have received certificates,
dated the Closing Date and duly executed by an executive officer of Intcomex and each of the other
Intcomex Parties to the effect that the conditions set forth in the preceding two sentences has
been satisfied.

     7.2 Injunction; Litigation. No party hereto shall be subject to any order or
injunction (whether preliminary or permanent) restraining or prohibiting the consummation of the
transactions contemplated hereby, and no action shall have been taken, or no statute, rule,
regulation or order shall have been promulgated or enacted by any Governmental Body, which would
prevent or make illegal the consummation of the transactions contemplated hereby.

     7.3 Authorization; Consents. All notices to, and declarations, filings and
registrations with, and consents, authorizations, approvals and waivers from, any Governmental Body
required to consummate the transactions contemplated hereby (including those that may be required
by laws of any jurisdiction outside the United States) and those consents and waivers set

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forth on Schedule 7.3 attached hereto, and the consent of the Board of Directors (or
similar governing bodies with different names) of BPI and the BP Selling Entities, shall have been
made or obtained to the reasonable satisfaction of BPI.

     7.4 Releases. BPI shall have received the releases of those Liens which are set forth
on Schedule 7.4.

     7.5 Other Closing Deliveries. All Closing deliveries set forth in Section 2.4(b)
shall have been delivered to BPI.

     7.6 Material Adverse Effect. There shall not have been a Material Adverse Effect with
respect to Intcomex.

     7.7 Appointment of Director. Intcomex shall have taken, or shall take simultaneously
with the Closing, all action necessary to cause one director proposed for nomination by BPLA to be
elected or appointed to the Board as of the Closing Date.

ARTICLE VIII

PERSONNEL MATTERS

     8.1 Employees.

          (a) Between the date hereof and the Closing Date, Intcomex shall (or will cause the applicable
Intcomex Parties to) make an offer of employment to each of those BPLA Employees set forth on
Schedule 8.1(a) hereto and the BP Parties shall cooperate with the Intcomex Parties in good
faith and shall do such acts and things as Intcomex may reasonably request in an effort to cause
the BPLA Employees to accept the offers of employment in the Business post-Closing made to the BPLA
Employees by the applicable Intcomex Party. Notwithstanding anything to the contrary contained
herein, no BP Party or any Affiliates thereof shall have any liability to any Intcomex Party or any
Affiliate thereof in the event that a BPLA Employee does not accept an offer of employment from
such Intcomex Party or any Affiliate thereof. BPLA Employees who accept such offers of employment
and employees of each of the Purchased Subsidiaries shall collectively be referred to herein as the
“Business Employees.” Those employees of BPLA who do not accept such offer of employment
and those employees of BPLA to whom offers of employment are not made by an Intcomex Party shall
collectively be referred to herein as the “Non-Business Employees.”

          (b) Intcomex shall be responsible for, and shall indemnify the BP Indemnified Parties from and
against, any Losses arising after the Closing out of, based upon or resulting from Intcomex’s or
its designated Affiliates’ employment (or termination of employment) of any of the Business
Employees, including any employment related liabilities that arose from actions which occurred
while the Business Employees were employed by the Business (the “Business Employee
Liabilities”). BPI shall be responsible for, and shall indemnify the Intcomex Indemnified
Parties from and against, any Losses arising out of, based upon or resulting from BPI’s or its
Affiliates’ employment (or termination of employment) of any of the Non-Business Employees (the
“BPLA Employee Liabilities”).

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     8.2 Acknowledgement. The Parties acknowledge and agree that nothing contained in this
ARTICLE VIII shall be construed in any way to limit the ability of Intcomex or its Affiliates to
terminate the employment of any Business Employee from and after the Closing Date.

ARTICLE IX

COVENANTS

     9.1 Announcements. Intcomex and BPI agree to consult with each other before issuing
any press release or making any other public statement with respect to this Agreement or the
transactions contemplated hereby and, except for any press releases and public statements the
making of which may be required by applicable law, or any applicable stock exchange or NASDAQ rule
or any listing agreement, no Party will issue any such press release nor make any such public
statement unless the content of such press release or public statement shall have been agreed upon
by the Parties.

     9.2 Access.

          (a) During the period following the execution of this Agreement and prior to the Closing, to
the extent not prohibited by applicable law or order and subject to the confidentiality provisions
contained in the Confidentiality Agreement, each of the parties hereto and their representatives
shall have the right, upon reasonable request from time to time upon reasonable prior notice to the
other party, to have reasonable access during normal business hours to such books, records and
accounts, including financial information, correspondence, production records, employment records
and other similar information relating to (i) in the case of Intcomex, the Business, and (ii) in
the case of BPI, the Purchased Intcomex Stock. All access provided to the parties hereto and their
representatives hereunder shall be at their expense. In exercising their rights under the
foregoing provisions of this Section 9.2, the parties and their respective representatives shall
not interfere with the other party’s normal operations and shall treat, and shall cause their
representatives and their Affiliates to treat, as confidential all information related to the
Business and the Purchased Intcomex Stock and all information provided pursuant to this Section
9.2.

          (b) Notwithstanding the foregoing, following the Closing, subject to the confidentiality
provisions contained in the Confidentiality Agreement, each of Intcomex and BPI shall provide
reasonable access to the other and their respective Affiliates, accountants, counsel, financial
advisors, and other representatives to the Tax records, financial statements, records relating to
employees and quality control records and procedures included in the Business Assets pertaining
exclusively to the pre-Closing operations of the Business (and the right to make copies or extracts
therefrom if necessary) and other information necessary in connection with the Parties’ preparation
of any Tax Returns, Tax audits or proceedings, any pre-Closing obligations of any of the BP
Parties, Intcomex Parties, Excluded Liabilities, Excluded Assets, Employee Benefit Plans, Employee
Welfare Benefit Plans, Employee Pension Benefit Plans, Foreign Plans, insurance policies, any
reimbursement required under Section 9.19 and any indemnification claims arising under ARTICLE X.

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          (c) All information received by any BP Party, Intcomex Party or their respective
representatives in connection with this Agreement and the transactions contemplated hereby will be
held by such party as confidential information pursuant to the terms of the Confidentiality
Agreement.

     9.3 Exclusive Negotiations. From the date of this Agreement until the earlier of the
Closing or the Termination Date, none of BPI, the BP Selling Entities or any of their respective
officers, directors, representatives or Affiliates shall, directly or indirectly, initiate, solicit
or entertain offers, inquiries or proposals from, negotiate with or in any manner encourage,
discuss, accept or consider any offers, inquiries or proposals of, or provide assistance or
information to, any other Person relating to the acquisition of the Purchased Assets, the Purchased
Equity Interests or the assumption of the Assumed Liabilities, in whole or in part, whether
directly or indirectly, through stock or asset sale or purchase, merger, reorganization, business
combination, consolidation, tender or exchange offer or otherwise. BPI shall immediately notify
Intcomex regarding any contact between BPI or any BP Selling Entity or such other Person or entity
and any other party regarding any such offer, inquiry or proposal (and the material terms thereof).
From the date of this Agreement until the Termination Date, none of Intcomex, the other Intcomex
Parties nor any of their respective officers, directors, representatives or Affiliates shall,
directly or indirectly, initiate, solicit or entertain offers, inquiries or proposals from,
negotiate with or in any manner encourage, discuss, accept or consider any offers, inquiries or
proposals of, or provide assistance or information to, any other Person relating to the sale of
assets or business or equity of Intcomex or any of its Subsidiaries, in whole or in part, whether
directly or indirectly, through stock or asset sale or purchase, merger, reorganization, business
combination, consolidation, tender or exchange offer or otherwise. Intcomex shall immediately
notify BPI regarding any contact between Intcomex or any of its Subsidiaries or such other Person
or entity and any other party regarding any such offer, inquiry or proposal (and the material terms
thereof). Notwithstanding the foregoing, nothing in this Section 9.3 shall prohibit any Party from
selling any of its inventory in the ordinary course of business consistent with past practice.

     9.4 Further Assurances. The parties hereto agree: (i) to furnish upon request to each
other such further information, (ii) to execute and deliver to each other such other documents, and
(iii) to do such other acts and things, all as the other party may reasonably request for the
purpose of carrying out the intent of this Agreement and the documents referred to in this
Agreement.

     9.5 Non-Competition; Non-Solicitation.

          (a) Non-Competition Covenants of BPI and the BP Selling Entities. From the Closing
Date hereof until the later of (i) the third anniversary of the Closing Date, and (ii) the earlier
of (x) the date on which BPLA and its Permitted Transferees (as defined in the Fifth Amendment)
collectively cease to Control (as defined in the Fifth Amendment) Intcomex Common Stock
representing at least 10% of the voting power of all outstanding voting Intcomex Common Stock, and
(y) the date of the first sale of securities pursuant to an initial registered offering of Intcomex
equity securities to the general public (the “Restricted Period”), none of BPI, the BP
Selling Entities or any of their respective Affiliates shall, and each of them shall cause their
respective Affiliates not to, directly or indirectly, own, manage, operate, control or participate
in the ownership, management, operation or control of any Person that competes with

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the Company Business anywhere in the Restricted Jurisdictions; provided that nothing
contained in this Agreement shall prohibit BPI, any of the BP Selling Entities or any of their
respective Affiliates from engaging in any Brightpoint Permitted Activities; provided,
further, that none of BPI, any of the BP Selling Entities or any of their respective Affiliates
(including Waxess any time during which it is an Affiliate) shall be permitted to sell any Waxess
products or services in the Restricted Jurisdictions except through Intcomex; provided,
further, that none of BPI, any of the BP Selling Entities or any of their respective Affiliates
shall in any way be restricted from engaging in the Brightpoint Business in Miami-Dade County,
Florida, except that none of BPI, any of the BP Selling Entities or any of their respective
Affiliates shall be permitted to sell Competitive Products or Services in Miami-Dade County,
Florida to any Person who, to the knowledge of BPI, intends to sell such Competitive Products or
Services to any of the Restricted Jurisdictions other than Miami-Dade County, Florida.

          (b) Non-Competition Covenants of Intcomex. During the Restricted Period, none of
Intcomex, its Subsidiaries or any of their respective Affiliates (other than CVC, its transferees,
successors or assigns or any of its Affiliates) shall, and each of them shall cause their
respective Affiliates (other than CVC, its transferees, successors or assigns or any of its
Affiliates) not to, directly or indirectly, own, manage, operate, control or participate in the
ownership, management, operation or control of any Person that competes with the Brightpoint
Business anywhere in the Brightpoint Territory; provided that this Section 9.5(b) shall not
prohibit Intcomex, its Subsidiaries or any of their respective Affiliates from engaging in any
Company Permitted Activities; provided, further, that the obligations of Intcomex and its
Subsidiaries pursuant to this Section 9.5(b) shall terminate upon a Change of Control (as defined
in the Fifth Amendment) other than a Change of Control as a result of an initial registered public
offering of Intcomex equity securities to the general public; provided, further, that none
of Intcomex, its Subsidiaries or any of their respective Affiliates shall be permitted to
distribute or sell wireless voice and data products and related accessories in Miami-Dade County,
Florida to any Person who, to the knowledge of Intcomex, intends to distribute or sell such
products outside of the Restricted Jurisdictions.

          (c) Definition of “Participate In.” “participate in” or words of similar
import shall mean, for purposes of this Section 9.5, with respect to any Person, (a) having any
ownership interest (whether as proprietor, partner, member, stockholder or otherwise) in such
Person, or (b) acting as an agent, contractor, broker or distributor for, or adviser or consultant
to such Person

          (d) Independent Agreements. The covenants set forth in this Section 9.5 (and in each
portion thereof) are, will be deemed, and should be construed, as separate and independent
agreements. If any provision of this Section 9.5 is held invalid, void or unenforceable, it will in
no way render invalid, void or unenforceable any other provision of this Section 9.5 and this
Section 9.5 will in that case be construed as if the invalid, void or unenforceable provision was
omitted.

          (e) Acknowledgement. Each of the parties agree that the covenants in this Section 9.5
are reasonable and appropriate in scope and duration in order to protect the legitimate business
interests of the parties.

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          (f) Modification. If any part of this Section 9.5 is deemed by a court of competent
jurisdiction to be too broad to permit enforcement to its full extent, then such restriction will
be enforced to the maximum extent permitted by applicable law and the parties agree that such scope
may be judicially modified accordingly in any proceeding brought to enforce such provisions of this
Agreement.

          (g) Remedies. Each party agrees that the other party may be without an adequate
remedy at law in the event of any breach of any provision of this Section 9.5. Each of parties
agree, therefore, that if any provision of this Section 9.5 is breached, then the non-breaching
party may, at its election and in any court of competent jurisdiction permitted by this Agreement,
seek injunctive or other provisional relief and such other remedies as may be appropriate under
applicable law. The parties will not, by seeking or obtaining any particular relief, be deemed to
have precluded itself or themselves from obtaining any other relief to which it or they may be
entitled

     9.6 Preservation of Business. During the period following the execution of this
Agreement and prior to Closing, each of BPI, the BP Selling Entities and the Purchased Subsidiaries
will use its commercially reasonable efforts to keep the Business Assets intact in all material
respects.

     9.7 Notice of Developments. Each party hereto will give prompt written notice to the
other of any material adverse development causing a breach of any of the representations and
warranties contained in any of ARTICLE III, ARTICLE IV or ARTICLE V above. No such notice by any
either party pursuant to this Section 9.7 shall be deemed to amend or supplement any Schedule
attached hereto or to prevent or cure any misrepresentation, breach of warranty, or breach of
covenant.

     9.8 Pre-Closing Operating Covenants Regarding Intcomex.

          (a) Except as permitted, required or otherwise contemplated by this Agreement, during the
period from the date of this Agreement to the Closing, Intcomex shall conduct its business and
maintain its assets in all material respects only in the ordinary course, consistent with past
practices and will make all commercially reasonable efforts consistent with past practices to
preserve Intcomex’s and its Subsidiaries’ relationships with clients, suppliers and vendors with
whom Intcomex deal in connection with its business.

          (b) Except as expressly provided in this Agreement, between the date of this Agreement and the
earlier of the Closing Date and the termination of this Agreement pursuant to or in accordance with
Section 11.1 hereof, Intcomex shall not to do any of the following without the prior written
consent of BPI:

     (i) declare or pay any dividends on or make any distributions in respect of the
capital stock of Intcomex, or split, combine or reclassify any capital stock of
Intcomex or issue or authorize or propose the issuance of any other securities in
respect of, or in substitution for, shares of capital stock of Intcomex; provided,
however, that at or before Closing, Intcomex shall be permitted to effect

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a conversion of its non-voting common stock into voting common stock on a
one-to-one basis (the “Conversion”);

     (ii) except with respect to the Conversion, amend the certificate of
incorporation and bylaws (or equivalent organizational documents with different
names) of any of the Intcomex Parties;

     (iii) except with respect to the Conversion, issue, agree to issue, deliver,
sell, award, pledge, dispose of or otherwise encumber or authorize or propose the
issuance, delivery, sale, award, pledge, disposal or other encumbrance of, any
shares of the capital stock of Intcomex or any class or any securities convertible
into or exchangeable for, or any rights, warrants or options to acquire, any such
shares or convertible or exchangeable securities;

     (iv) incur any material guarantee for the indebtedness of other Persons;

     (v) adopt or implement any change in accounting policies, practices or methods,
except as required by GAAP;

     (vi)
merge or consolidate with or acquire another entity;

     (vii)
enter into any material leases of real property; or

     (viii)
agree to do any of the foregoing.

     9.9
Pre-Closing Operating Covenants Regarding the Business.

          (a) Except as permitted, required or otherwise contemplated by this Agreement, during the
period from the date of this Agreement to the Closing, the BP Asset Selling Entity and the
Purchased Subsidiaries shall conduct the Business and maintain the Business Assets in all material
respects only in the ordinary course, consistent with past practices and will make all commercially
reasonable efforts consistent with past practices to preserve their relationships with clients,
suppliers and vendors with whom they deal in connection with the Business.

          (b) Except as expressly provided in this Agreement, between the date of this Agreement and the
earlier of the Closing Date and the termination of this Agreement pursuant to or in accordance with
Section 11.1 hereof, the BP Selling Entities shall not do any of the following without the prior
written consent of Intcomex:

     (i) declare or pay any dividends on or make any distributions in respect of the
capital stock or membership interest of any of the BP Selling Entities, or split,
combine or reclassify any capital stock or membership interest of any of the BP
Selling Entities or issue or authorize or propose the issuance of any other
securities in respect of, or in substitution for, shares of capital stock or
membership interest of any of the BP Selling Entities, or cause any of the foregoing
to be done with respect to the Purchased Subsidiaries;

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     (ii) amend the certificate of incorporation and bylaws (or equivalent
organizational documents with different names) of any of the BP Selling Entities, or
cause any of the foregoing to be done with respect to the Purchased Subsidiaries;

     (iii) issue, agree to issue, deliver, sell, award, pledge, dispose of or
otherwise encumber or authorize or propose the issuance, delivery, sale, award,
pledge, disposal or other encumbrance of, any shares of the capital stock or
membership interest of any of the BP Selling Entities or any class or any securities
convertible into or exchangeable for, or any rights, warrants or options to acquire,
any such shares or convertible or exchangeable securities, or cause any of the
foregoing to be done with respect to the Purchased Subsidiaries;

     (iv) incur any material indebtedness for borrowed money or guarantee the
indebtedness of other Persons;

     (v) sell, lease, license or otherwise dispose of, or agree to sell, lease,
license or otherwise dispose of, any interest in any of the Business Asset, except
for sales of Business Inventory in the ordinary course of business consistent with
past practice;

     (vi) permit, allow or subject any of the Business Assets or any part thereof to
any Lien or suffer such to be imposed, except for Permitted Liens;

     (vii) except as otherwise set forth on Schedule 9.9(b)(vii), amend,
terminate or enter into any Contracts or series of Contracts regarding the same
subject matter, which provide for a term of more than one year or an annual
liability of more than $50,000;

     (viii) adopt or implement any change in accounting policies, practices or
methods, except as required by GAAP;

     (ix) merge or consolidate with or acquire another entity;

     (x) enter into any material leases of real property; or

     (xi) agree to do any of the foregoing.

          (c) No Registration of the Purchased Intcomex Stock. BPI acknowledges that the
Purchased Intcomex Stock have not been registered under the Securities Act or the securities laws
of any other jurisdiction and the offer and sale of the Purchased Intcomex Stock are being made in
reliance on one or more exemptions for private offerings under Section 4(2) of the Securities Act
and applicable securities laws. Accordingly, no transfer, sale or other disposition of (whether
with or without consideration and whether voluntarily or involuntarily or by operation of law)
(“Transfer”) of any of the Purchased Intcomex Stock is permitted unless (i) such Transfer
is registered under the Securities Act and other applicable securities laws, or an exemption from
such registration is available, or (ii) such Transfer is made in reliance upon Rule

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144. The provisions of this Section 9.9(c), together with the rights of BPI under this
Agreement, shall be binding upon any subsequent transferee of the Purchased Intcomex Stock.

     9.10 Further Transfer Restrictions. BPI further acknowledges that the Purchased
Intcomex Stock is subject to the restrictions on Transfer set forth in the Shareholders Agreement.
In addition, BPI further acknowledges and agrees that any certificate representing the Purchased
Intcomex Stock will bear a restrictive legend in accordance with the Shareholders Agreement, as
amended, as set forth in Section 9.11 below.

     9.11 Restrictive Legend. BPI acknowledges and agrees that, until such time as the
Purchased Intcomex Stock shall have been registered under the Securities Act or BPI demonstrates to
the reasonable satisfaction of Intcomex and its counsel that such registration shall no longer be
required, such Purchased Intcomex Stock may be subject to a stop-transfer order placed against the
transfer of such Purchased Intcomex Stock, and such Purchased Intcomex Stock shall bear a
restrictive legend in substantially the following form:

THESE SECURITIES (INCLUDING ANY UNDERLYING SECURITIES) HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE SOLD, OFFERED FOR
SALE, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT AS TO THE SECURITIES UNDER SAID ACT OR AN OPINION OF COUNSEL
OR OTHER EVIDENCE REASONABLY SATISFACTORY TO INTCOMEX, INC. THAT SUCH REGISTRATION
SHALL NO LONGER BE REQUIRED.

     9.12 Disclosure. BPI acknowledges and agrees that, other than the
representations and warranties of Intcomex set forth in Article V, neither Intcomex nor any other
Person makes any representation or warranty, expressed or implied, as to the accuracy or
completeness of the information provided or to be provided to BPI by or on behalf of Intcomex or
related to the purchase of the Intcomex Common Stock contemplated hereby, and nothing contained in
any documents provided or statements made by or on behalf of Intcomex to BPI is, or shall be relied
upon as, a promise or representation by Intcomex or any other Person that any such information is
accurate or complete.

     9.13 No Market for Purchased Securities. BPLA acknowledges that no market for the
resale of any of the Purchased Intcomex Stock currently exists, and no such market may ever exist.
Accordingly, BPI must bear the economic and financial risk of an investment in the Purchased
Intcomex Stock for an indefinite period of time.

     9.14 Filings. Intcomex undertakes and agrees that it will timely make all filings in
connection with the sale of the Purchased Intcomex Stock to BPI as may be required under applicable
federal and state securities laws, including Regulation D of the Securities Act, and will provide
copies thereof to BPI promptly upon request.

     9.15 Shareholders Agreement. At the Closing, BPLA and Intcomex shall execute the Fifth
Amendment.

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     9.16 Tax Returns. BPI and the BP Selling Entities shall retain the obligation to
prepare and file Tax Returns for the Purchased Subsidiaries for the period ended December 31, 2010
and for any periods up to and including the Closing Date and to pay for any Taxes due thereon.

     9.17 Audited Financials. Following the date of this Agreement, Intcomex will, at
BPI’s expense, take all actions reasonably requested by BPI to assist BPI in connection with BPI’s
preparation of the financial statements and other information it will be required to file with the
SEC under Rule 3-05 of Regulation S-X, if applicable.

     9.18 Use of Brightpoint Names and Logos.

          (a) Simultaneously with the Closing, BPI and the applicable BP Selling Entity shall grant the
Intcomex Parties a royalty-free license to use certain Intellectual Property as more specifically
set forth in the License Agreement.

          (b) Within sixty (60) calendar days following the Closing Date, Intcomex shall cause each of
the Purchased Subsidiaries to initiate the appropriate filings with the appropriate Governmental
Body to change its respective corporate name and trade name to a name that does not include the
name “Brightpoint” or any name(s) similar thereto or any derivations thereof.

     9.19 Preparation of Tax Returns.

          (a) Tax Periods Ending On or Before the Closing Date.

     (i) Non-Income Tax Returns. Intcomex shall prepare or cause to be
prepared and file or cause to be filed all Tax Returns for the Purchased
Subsidiaries for all periods ending on or prior to the Closing Date (a
“Pre-Closing Tax Period”) which are filed after the Closing Date, other than
income Tax Returns for such periods. Such Tax Returns shall be prepared
consistently with the past practice of the Purchased Subsidiaries, as applicable,
unless otherwise required by applicable law. Intcomex shall permit BPI and its
authorized representatives to review and comment on each such Tax Return described
in the preceding sentence prior to filing and shall accept all comments that are
reasonable. BPI shall reimburse Intcomex for Taxes of the Purchased Subsidiaries,
as applicable, with respect to such periods within five (5) calendar days of payment
by Intcomex or the Purchased Subsidiaries, as applicable, of such Taxes, including
any estimated tax payments if applicable.

     (ii) Income Tax Returns. BPI shall prepare or cause to be prepared all
income Tax Returns for the Purchased Subsidiaries for all Pre-Closing Tax Periods or
the Purchased Subsidiaries shall prepare such Tax Returns at the direction of BPI on
or before the applicable due date (taking into account extension periods). Such
income Tax Returns shall be prepared consistently with past practice of the
Purchased Subsidiaries, as applicable. BPI shall permit Intcomex to review and
comment on each such Tax Return described in the preceding sentence prior to filing
and shall accept all comments that are reasonable. Intcomex or the Purchased
Subsidiaries shall file such Tax Returns at

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the direction of BPI on or before the
applicable due date (taking into account extension periods). BPI shall pay the
Taxes due with the applicable Tax Returns.

          (b) Tax Periods Beginning Before and Ending After the Closing Date. Intcomex shall
prepare or cause to be prepared and filed any Tax Returns of the Purchased Subsidiaries, as
applicable, for Tax periods which begin before the Closing Date and end after the Closing Date (a
“Straddle Tax Period”). Such Tax Returns shall be prepared consistently with the past
practice of the Purchased Subsidiaries, as applicable, unless otherwise required by applicable law.
Intcomex shall permit BPI to review and comment on each such Tax Return described in the preceding
sentence prior to filing and shall accept all comments that are reasonable. BPI shall reimburse
Intcomex within fifteen (15) calendar days of the date on which Taxes are paid with respect to such
periods an amount equal to the portion of such Taxes which relates to the portion of such taxable
period ending on the Closing Date.

          (c) Allocation. For purposes of this Section 9.19, in the case of any Taxes that are
imposed on a periodic basis and are payable for a taxable period that includes (but does not end
on) the Closing Date, the portion of such Tax which relates to the portion of such taxable period
ending on the Closing Date shall (x) in the case of any Taxes other than the Taxes based upon or
related to income or receipts, be deemed to be the amount of such Tax for the entire taxable period
multiplied by a fraction the numerator of which is the number of days in the taxable period ending
on the Closing Date and the denominator of which is the number of days in the entire taxable
period, and (y) in the case of any Tax based upon or related to income or receipts, be deemed equal
to the amount which would be payable if the relevant taxable period ended on the Closing Date. For
purposes of this Section 9.19(c), in the case of any Tax credit relating to a taxable period that
begins before and ends after the Closing Date, the portion of such Tax credit which relates to the
portion of such taxable period ending on the Closing Date shall be the amount which bears the same
relationship to the total amount of such Tax credit as the amount of Taxes described in (y) above
bears to the total amount of Taxes for such taxable period.

          (d) Cooperation on Tax Matters. Intcomex and BPI shall (and Intcomex shall cause the
Purchased Subsidiaries to) cooperate fully, as and to the extent reasonably requested by the other
party, in connection with the filing of Tax Returns and any audit, litigation or other proceeding
with respect to Taxes. Such cooperation shall include the retention and (upon the other party’s
request) the provision of records and information reasonably relevant to any such audit,
litigation, or other proceeding and making employees available on a mutually convenient basis to
provide additional information and explanation of any material provided hereunder. Each of BPI and
Intcomex agree to (A) retain all books and records with respect to Tax matters pertinent to the
Purchased Subsidiaries, as applicable, relating to any taxable period beginning before the Closing
Date until expiration of the statute of limitations (and any extensions thereof) of the respective
taxable periods, and to abide by all record retention agreements entered into with any taxing
authority, and (B) give all parties reasonable written notice prior to transferring, destroying or
discarding any such books and records and, if any other party so requests, shall allow such other
party to take possession of such books and records. BPI and Intcomex further agree, upon request,
to use their commercially reasonable efforts to obtain any certificate or other document from any
Governmental Body or any other Person as may be necessary to mitigate, reduce or eliminate any Tax
that could be imposed.

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          (e) Amended Tax Returns. Any amended Tax Return of the Purchased Subsidiaries, as
applicable, or claim for Tax refund on behalf of the Purchased Subsidiaries for any period ending
on or prior to the Closing Date shall be filed, or caused to be filed, only by BPI. BPI shall not,
without the prior written consent of Intcomex (which consent shall not be unreasonably withheld or
delayed), make or cause to be made, any such filing, to the extent such filing, if accepted,
reasonably might change the Tax liability of Intcomex for any period ending after the Closing Date.
Any amended Tax Return of the Purchased Subsidiaries, as applicable, or claim for Tax refund on
behalf of the Purchased Subsidiaries, as applicable, for any period ending after the Closing Date
shall be filed, or caused to be filed, only by Intcomex. Intcomex shall not, without the prior
written consent of BPI (which consent shall not be unreasonably withheld or delayed), make or cause
to be made, any such filing, to the extent such filing, if accepted, reasonably might change the
Tax liability of BPI for (i) any period ending on or prior to the Closing Date or (ii) any portion
of a Straddle Tax Period.

          (f) Audits. Intcomex shall provide BPI with notice of any written inquiries, audits,
examinations or proposed adjustments by any taxing authority, which relate to any Pre-Closing Tax
Periods within ten (10) calendar days of the receipt of such notice. BPI shall have the sole right
to represent the interests of the Purchased Subsidiaries in any Tax audit or other proceeding
relating to any Pre-Closing Tax Periods, to employ counsel of its choice at its own expense, and to
settle any issues and to take any other actions in connection with such proceedings relating to
such taxable periods; provided, however, that BPI shall inform Intcomex of the status of any such
proceedings, shall provide Intcomex (at Intcomex’s cost and expense) with copies of any pleadings,
correspondence, and other documents as Intcomex may reasonably request and shall consult with
Intcomex prior to the settlement of any such proceedings and shall obtain the prior written consent
of Intcomex prior to the settlement of any such proceedings that could reasonably be expected to
adversely affect Intcomex in any taxable period ending after the Closing Date, which consent shall
not be unreasonably withheld or delayed; provided further, however, that Intcomex and counsel of
its own choosing shall have the right to participate in, but not direct, the prosecution or defense
of such proceedings at Intcomex’s sole expense. Intcomex and BPI shall provide each other with
notice of any written inquiries, audits, examinations or proposed adjustments by any taxing
authority that relate to any Straddle Tax Period within ten (10) calendar days of the receipt of
such notice. Intcomex and BPI shall jointly control the conduct of any Tax audits or other
proceedings relating to Taxes for a Straddle Tax Period, and neither party shall settle any such
Tax audit or other proceeding without the written consent of the other party, which consent shall
not be unreasonably withheld or delayed. Intcomex shall have the right to control all other Tax
audits or proceedings of the Purchased Subsidiaries, as applicable. Intcomex shall obtain the
prior written consent of BPI prior to the settlement of any such proceedings that could reasonably
be expected to increase the Tax liability of the Purchased Subsidiaries, as applicable, for a
Pre-Closing Tax Period or portion of a Straddle Period ending on the Closing Date, which consent
shall not be unreasonably withheld or delayed. Intcomex and the Purchased Subsidiaries, as
applicable, shall execute and deliver to BPI such powers of attorney and other documents as may be
necessary or appropriate to give effect to the foregoing.

     9.20 Settlement of Certain Intercompany Transactions. At or prior to the Closing, BPI
shall, and shall cause its Subsidiaries to, eliminate, release, transfer, terminate or settle, to
the reasonable satisfaction of Intcomex, all intercompany receivables and payables between BPLA

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and
the Purchased Subsidiaries, on the one hand, and BPI and any other Subsidiaries thereof, on the
other hand.

ARTICLE X

SURVIVAL AND INDEMNIFICATION

     10.1 Survival. All representations, warranties, covenants and agreements contained in
this Agreement or in any Transaction Document shall survive (and not be affected in any respect by)
the Closing. Notwithstanding the foregoing, the representations and warranties contained in or
made pursuant to this Agreement or any Transaction Document and the related indemnity obligations
set forth in Section 10.2 below, as the case may be, shall terminate on, and no claim or action
with respect thereto may be brought after, the date that is eighteen (18) months after the Closing
Date, except that (i) the representations and warranties contained in Sections 3.1, 3.2, 3.3, 3.4,
5.1, 5.2, 5.3 and 5.12 (the “Special Representations”) and the related indemnity
obligations contained in Section 10.2 shall survive indefinitely, (ii) the obligations set forth in
Section 2.5(a)(ii) and the related indemnity obligations contained in Section 10.2 shall survive
indefinitely, and (iii) the obligations contained in Section 3.8 shall survive until six months
after the expiration of the statute of limitations of the taxable periods to which the Taxes that
are subject of such obligations relate. The representations and warranties which terminate on the
date that is eighteen (18) months after the Closing Date or six months after the expiration of the
applicable statute of limitations, and the liability of any Party with respect thereto pursuant to
this ARTICLE X shall not terminate with respect to any claim, whether or not fixed as to liability
or liquidated as to amount, with respect to which the Indemnifying Party has been given written
notice setting forth the facts upon which the claim for indemnification is based and, if possible,
a reasonable estimate of the amount of the claims prior to the date that is eighteen (18) months
after the Closing Date or six months after the expiration of the applicable statute of limitations,
as the case may be.

     10.2 Indemnification. The parties hereto shall indemnify each other as set forth
below:

          (a) BPI shall (i) indemnify and hold harmless Intcomex, its Affiliates and each of their
respective directors, officers, employees and advisors (the “Intcomex Indemnified Parties”)
from any and all Losses arising out of, based upon or resulting from (x) any inaccuracy as of the
date hereof or as of the Closing Date of any representation or warranty of BPI or the BP Selling
Entities which is contained in or made pursuant to this Agreement or the License Agreement or any
breach by BPI or the BP Selling Entities of any of their respective obligations or covenants
contained in or made pursuant to this Agreement (including those covenants contained in Section
2.5) or the License Agreement, (y) the Excluded Liabilities and (z) the settlement of certain
intercompany transactions as described in Section 6.4 hereof; and (ii) reimburse the Intcomex
Indemnified Parties for any and all fees, costs and expenses of any kind arising out of such
Losses.

          (b) Intcomex shall (i) indemnify and hold harmless BPI and each of its directors, officers,
employees, advisors and Affiliates (the “BP Indemnified Parties”) from (x) any and all
Losses arising out of, based upon or resulting from any inaccuracy as of the date hereof or as of
the Closing Date of any representation or warranty of Intcomex or any other

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Intcomex Party which is
contained in or made pursuant to this Agreement or any breach by Intcomex or any other Intcomex
Party of any of its obligations or covenants contained in or made pursuant to this Agreement
(including those covenants contained in Section 2.5), and (y) the Assumed Liabilities; and (ii)
reimburse the BP Indemnified Parties for any and all fees, costs and expenses of any kind arising
out of such Losses.

          (c) Notwithstanding any other provision herein to the contrary:

     (i) Neither BPI nor Intcomex shall be required, pursuant to Section 10.2(a) or
(b), to indemnify and hold harmless the Intcomex Indemnified Parties or the BPI
Indemnified Parties, as the case may be, until the aggregate amount of Losses (A) in
the case of indemnification by BPI under Section 10.2(a), exceeds $225,000 (the
“BPI Basket Amount”), after which BPI will be obligated to indemnify the
Intcomex Indemnified Parties for all Losses in excess of the BPI Basket Amount, or
(B) in the case of indemnification by Intcomex under Section 10.2(b), exceeds $1.0
million (the “Intcomex Basket Amount”), after which Intcomex will be
obligated to indemnify the BP Indemnified Parties for all Losses in excess of the
Intcomex Basket Amount; and

     (ii) the cumulative aggregate indemnification obligations of each of BPI or
Intcomex under Section 10.2(a) or (b), as the case may be, shall in no event exceed
$1.575 million (the “Cap”);

To illustrate by example, in the event that Intcomex is obligated to indemnify BP Indemnified
Parties pursuant to Section 10.2(b) and the indemnifiable Losses are determined to be $3.0 million,
the Intcomex Basket Amount shall have been met and then the Cap shall be applied so that the
cumulative amount of indemnification due to the BP Indemnified Parties shall be $1.575 million
($3.0 million Losses minus $1.0 million for the Intcomex Basket Amount equals $2.0 million and then
the Cap of $1.575 million shall be applied). Notwithstanding the foregoing, none of the limitations
set forth in this Section 10.2(c) shall apply to any indemnification claims for Losses relating to
or arising from: (i) any breach or inaccuracy of any Special Representation, (ii) any breach or
inaccuracy of the representations or warranties of BPI set forth in Sections 3.8, 3.16, 3.17, 3.18
or 3.20, (iii) any breach of any covenants set forth in ARTICLE IX, (iv) any Losses relating to or
arising from the Excluded Liabilities, (v) any Losses of any BP Indemnified Party relating to or
arising from any arrangement made pursuant to Section 2.5(a)(i) hereof, (vi) any breach of the
obligations set forth in Section 2.5(a)(ii), and (vii) fraud. With respect to each event,
occurrence or matter (“Indemnification Matter”) as to which any BP Indemnified Party or any
Intcomex Indemnified Party, as the case may be (in either case, referred to collectively as, the
“Indemnified Party”), is or may reasonably be entitled to indemnification from BPI under
subsection (a) above or from Intcomex under subsection (b) above, as the case may be (in either
case referred to collectively as, the “Indemnifying Party”), promptly (but no later than
ten (10) calendar days) after receipt by the Indemnified Party of notice of the commencement of any
action in respect of which the Indemnified Party will seek indemnification hereunder, or, if the
Indemnification Matter does not involve a third-party action, suit, claim or demand, as promptly as
practicable after the Indemnified Party first has actual knowledge of the Indemnification Matter or
of other matters from which an Indemnification Matter is reasonably likely to result, the
Indemnified Party shall notify the Indemnifying Party thereof in writing, coupled with

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reasonable
supporting detail to the Indemnifying Party of the nature of the Indemnification Matter and the
amount demanded or claimed in connection therewith (“Indemnification Notice”), together
with copies of any such written documents. The failure to provide a timely Indemnification Notice
to the Indemnifying Party will not relieve the Indemnifying Party of any liability that it may have
to an Indemnified Party hereunder except to the extent that the defense of such action was
irreparably and materially prejudiced by the Indemnified Party’s failure to timely provide such
Indemnification Notice.

          (d) If a third-party action, suit, claim or demand is involved, then, upon receipt of the
Indemnification Notice, the Indemnifying Party shall have ten (10) calendar days after said notice
is given to elect, by written notice given to the Indemnified Party, to undertake, conduct and
control (unless (A) the Indemnifying Party is also a party to such action, suit, claim or demand
and the Indemnified Party determines in good faith that joint representation would be inappropriate
or (B) the Indemnifying Party fails to provide reasonable assurances to the Indemnified Party of
its capacity (financial or otherwise) to defend such action, suit, claim or demand and provide
indemnification with respect thereto), through counsel of its own choosing which is reasonably
acceptable to the Indemnified Party and at Indemnifying Party’s sole expense, the good faith
settlement or defense of such claim, and the Indemnified Party shall cooperate with the
Indemnifying Party in connection therewith; provided: (a) all settlements require the prior
reasonable consultation with the Indemnified Party and the prior written consent of the Indemnified
Party, which consent shall not be unreasonably withheld, provided that the Indemnifying Party may
settle any such claim without the prior consent of the Indemnified Party if (i) there is no finding
or admission of any violation of Legal Requirements or any violation of the rights of any Person
and no effect (other than a release thereof) on any other claims that may be made by or against the
Indemnified Party, and (ii) such settlement involves the full release of the Indemnified Party,
the sole relief provided is monetary damages and the Indemnifying Party agrees to pay all amounts
payable pursuant to and concurrently with such settlement; and (b) the Indemnified Party shall be
entitled to participate in such settlement or defense through counsel chosen by the Indemnified
Party, provided that Indemnified Party acknowledges and accepts in writing full liability for the
applicable Indemnification Matter and the fees and expenses of such counsel shall be borne by the
Indemnified Party. So long as the Indemnifying Party is contesting any such claim in good faith,
the Indemnified Party shall not pay or settle any such claim; provided, however, that
notwithstanding the foregoing, the Indemnified Party shall have the right to pay or settle any such
claim at any time, provided that in such event the Indemnified Party shall waive any right of
indemnification therefor by the Indemnifying Party. If the Indemnifying Party does not make a
timely election to undertake the good faith defense or settlement of the claim as aforesaid or if
the Indemnifying Party fails to take reasonable steps necessary to defend diligently such claim,
then the Indemnified Party shall have the right to contest, settle or compromise the claim at its
exclusive discretion, at the sole risk and expense of the Indemnifying Party and the Indemnifying
Party will be bound by any determination made in such claim or any compromise or settlement
effected by the Indemnified Party. In any event, the Indemnifying Party and the Indemnified Party
shall fully cooperate with each other in connection with the defense of such claim, including
without limitation by furnishing all available documentary or other evidence as is reasonably
requested by the other. If the Indemnified Party fails to consent to a settlement that imposes
only monetary damages and otherwise satisfies conditions (i) and (ii) above, then the Indemnifying
Party’s liability with respect to such matter shall be limited to the

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amount of such rejected
settlement along with the Legal Expenses associated with such settlement.

          (e) All amounts owed by the Indemnifying Party to the Indemnified Party (if any) shall be paid
in full within ten (10) calendar days after a final judgment (without further right of appeal)
determining the amount owed is rendered, or after a final settlement or agreement as to the amount
owed is executed, unless otherwise provided in such final settlement or agreement.

          (f) Notwithstanding anything herein to the contrary, if any Indemnified Party determines in
good faith that there is a reasonable probability that a claim would likely materially adversely
affect its or its Affiliates’ current or future business or financial condition other than as a
result of monetary damages for which it would be entitled to indemnification under this Agreement,
the Indemnified Party may, by notice to the Indemnifying Party, assume the right to defend,
compromise or settle such claim, and the Indemnifying Party shall be liable, subject to the terms
and conditions set forth in this ARTICLE X, for any monetary damages and all reasonable costs or
expenses paid or incurred in connection therewith; provided, however, that all compromises or
settlements require reasonable consultation with the Indemnifying Party and the prior written
consent of the Indemnifying Party, which consent shall not be unreasonably withheld or delayed;
provided further that if the Indemnified Party does not make a timely election to undertake the
good faith defense of the claim as aforesaid or if the Indemnified Party fails to take reasonable
steps necessary to defend diligently such claim, then the Indemnifying Party shall have the right,
subject to the terms and conditions set forth in this ARTICLE X, to defend such claim.

          (g) Each Party shall take reasonable steps to mitigate and otherwise minimize the Losses upon
and after becoming aware of any event that would be reasonably expected to give rise to any
Indemnification Matter. The amount of any Loss for which indemnification is provided under Section
10.2 shall be net of (i) any amounts actually recovered by the Indemnified Party pursuant to any
indemnification by or indemnification or other agreement with any third Person, (ii) any insurance
proceeds (calculated net of any deductibles, co-payments, increase in insurance premiums or other
payment obligations (including attorneys’ fees and other costs of collection) resulting from the
related claims under applicable insurance policies) or other cash receipts or sources of
reimbursement received in respect of such Loss, (iii) an amount equal to the Tax benefit (including
any credits), if any, actually realized by the Indemnified Party attributable to such Loss and (iv)
any specific accruals or reserves (or overstatement of liabilities in respect of actual liability)
included in such Party’s financial statements. The Parties shall take and shall cause their
Affiliates to take all reasonable steps to mitigate any Loss upon becoming aware of any event that
would reasonably be expected to, or does, give rise thereto, including incurring costs only to the
minimum extent necessary to remedy a breach that gives rise to the Loss. In the event that a
recovery is made or indemnification payment is received, whether received pursuant to this Section
10.2 or as otherwise provided in this Agreement or from any third Person, by an Indemnified Party
with respect to any Losses for which any such Person has been indemnified hereunder by the
Indemnifying Party, then a refund equal to the aggregate amount of the recovery or payment (net of
all costs and expenses, including related premium increases) shall be made promptly to the
Indemnifying Party or, if the Losses have not yet been determined or paid by the Indemnifying
Party, the Indemnifying Party’s indemnification

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obligation in respect of the Losses shall be
reduced by the aggregate amount of the recovery or indemnification payments (net of all costs and
expenses, including related premium expenses).

          (h) Notwithstanding anything to the contrary contained herein, no Indemnifying Party shall be
liable to or otherwise responsible to any Indemnified Party or any other Person based on any
multiple of profits or earnings or incidental, punitive, special, indirect or consequential
damages, resulting from, arising out of or incident to any Indemnification Matter or the
enforcement by any person of its rights to indemnification under this Agreement, except in the case
of fraud, criminal activity or intentional misrepresentation or to the extent actually payable to a
third Person in respect of a third-party claim.

ARTICLE XI

TERMINATION

     11.1 Termination.

          (a) This Agreement may be terminated at any time prior to the Closing:

     (i) by mutual written consent of Intcomex and BPI;

     (ii) by Intcomex or BPI, if the Closing shall not have taken place on or prior
to April 30, 2011 or such later date as shall have been approved by Intcomex and BPI
(the “Termination Date”); provided, however, that the right
to terminate this Agreement under this Section 11.1(a)(ii) shall not be available to
(i) Intcomex if its failure to perform any covenant or obligation under this
Agreement or breach of a representation or warranty contained in or made pursuant to
this Agreement has been the principal cause of or principally resulted in the
failure of the Closing to occur on or before such date or (ii) BPI if BPI’s or any
of the BP Selling Entities’ failure to perform any covenant or obligation under this
Agreement or breach of a representation or warranty contained in or made pursuant to
this Agreement has been the principal cause of or principally resulted in the
failure of the Closing to occur on or before such date;

     (iii) by Intcomex or BPI if any court of competent jurisdiction or other
Governmental Body shall have issued an order, decree or ruling or taken any other
action restraining, enjoining or otherwise prohibiting the transactions contemplated
by this Agreement or any other Transaction Document, and such order, decree, ruling
or other action shall have become final and non-appealable;

     (iv) by Intcomex, if there has been any violation or breach by BPI or any of
the BP Selling Entities of any representation, warranty, covenant or obligation of
or by BPI or any of the BP Selling Entities contained in this Agreement that has
rendered the satisfaction of any condition to the obligations of Intcomex impossible
and such violation or breach has not been waived by Intcomex, and, to the extent
such violation or breach is capable of being cured, a period of 20 calendar days to
cure such violation or breach has expired; and

69

 

     (v) by BPI, if there has been a violation or breach by Intcomex of any
representation, warranty, covenant or obligation of or by Intcomex contained in this
Agreement that has rendered the satisfaction of any condition to the obligations BPI
or any of the BP Selling Entities impossible and such violation or breach has not
been waived by BPI or the BP Selling Entities, and, to the extent such violation or
breach is capable of being cured, a period of 20 calendar days to cure such
violation or breach has expired.

          (b) If Intcomex or BPI terminates this Agreement pursuant to the provisions hereof, such
termination shall be effective after notice to the other parties specifying the provision hereof
pursuant to which such termination is made.

          (c) Effect of Termination. If this Agreement is terminated pursuant to Section 11.1,
all obligations of the Parties under this Agreement will terminate, except that the obligations in
Sections 12.1 (Expenses), 12.6 (Governing Law), 12.7 (Consent to Jurisdiction, etc.), 12.8 (Waiver
of Jury Trial) and 12.11 (Specific Performance) will survive; provided, however, that, if this
Agreement is terminated by a Party because of the breach of this Agreement by another Party of any
of its covenants or obligations contained in this Agreement, or because one or more of the
conditions to the terminating Party’s obligations under this Agreement is not satisfied as a result
of the other Party’s failure to comply with its covenant or obligations contained in this
Agreement, then the terminating Party’s right to pursue all legal remedies will survive such
termination unimpaired (including under Section 12.11 (Specific Performance)). Nothing in this
Section 11.1(c) shall be deemed to release any Party from any liability for any breach by such
Party of the terms, conditions, covenants and other provisions of this Agreement or to impair the
right of any Party to compel specific performance by any other Party of its obligations under this
Agreement.

ARTICLE XII

MISCELLANEOUS

     12.1 Expenses. Except as otherwise set forth herein, each of the Parties hereto shall
pay its own fees and expenses (including the fees of any attorneys, accountants, investment bankers
or others engaged by such party) in connection with this Agreement and the transactions
contemplated hereby whether or not the transactions contemplated hereby are consummated.

     12.2 Headings. The section headings herein are for convenience of reference only, do
not constitute part of this Agreement and shall not be deemed to limit or otherwise affect any of
the provisions hereof.

     12.3 Notices. All notices or other communications required or permitted hereunder
shall be given in writing and shall be deemed sufficient if delivered by hand or mailed by
registered or certified mail, postage prepaid (return receipt requested), as follows:

	 	 	 
	If to BPI:

	 	Brightpoint, Inc.

7635 Interactive Way, Suite 200

Indianapolis, Indiana 46278

Attn: Legal Department

70

 

	 	 	 
	With a copy to:

	 	Blank Rome LLP

405 Lexington Avenue

New York, New York 10174

Attn: Robert J. Mittman
	 
	 	 
	If to Intcomex:

	 	Intcomex, Inc.

3505 N.W. 107th Ave.

Miami, Florida 33178

Attn: Michael Shalom
	 
	 	 
	With a copy to:

	 	Carlton Fields, PA

4000 International Place

100 S.E. Second Street

Miami, Florida 33131-2114

Attn: Dennis J. Olle

or such other address as shall be furnished in writing by such party, and any such notice or
communication shall be effective and be deemed to have been given as of the date so delivered or
three calendar days after the date so mailed; provided, however, that any notice or
communication changing any of the addresses set forth above shall be effective and deemed given
only upon its receipt.

     12.4 Assignments, Successors, and No Third-Party Rights. No party may assign any of
its rights under this Agreement without the prior consent of the other parties, except that each of
Intcomex and BPI may assign any of its rights under this Agreement to any Affiliate thereof,
provided that Intcomex or BPI, as the case may be, remains liable for all of its existing
obligations under this Agreement. Subject to the preceding sentence, this Agreement will apply to,
be binding in all respects upon, and inure to the benefit of the successors and permitted assigns
of the parties. Any assignment in violation of this Agreement will be null and void ab
initio. Nothing expressed or referred to in this Agreement will be construed to give any
Person other than the parties to this Agreement any legal or equitable right, remedy, or claim
under or with respect to this Agreement or any provision of this Agreement. This Agreement and all
of its provisions and conditions are for the sole and exclusive benefit of the parties to this
Agreement and their successors and permitted assigns.

     12.5 Entire Agreement and Modification. This Agreement supersedes all prior
agreements between the parties with respect to its subject matter and constitutes (along with the
other Transaction Documents) a complete and exclusive statement of the terms of the agreement
between the parties with respect to its subject matter (without limitation of the foregoing, it is
understood and agreed that this Agreement supersedes and replaces the term sheet dated on or about
December 5, 2010 between the parties hereto); provided, however, that the
Confidentiality Agreement shall remain in full force and effect. This Agreement may not be amended
except by a written agreement executed by the parties hereto.

71

 

     12.6 Governing Law. THIS AGREEMENT SHALL BE CONSTRUED, PERFORMED AND ENFORCED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ITS PRINCIPLES OR RULES
OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES WOULD REQUIRE OR PERMIT THE APPLICATION
OF THE LAWS OF ANOTHER JURISDICTION.

     12.7 Consent to Jurisdiction, etc.

          (a) In any action between or among any of the parties, whether arising out of this Agreement,
any of the agreements contemplated hereby or otherwise, (a) each of the parties irrevocably
consents to the exclusive jurisdiction and venue of the federal and state courts located in New
York, New York, (b) if any such action is commenced in a state court, then, subject to applicable
law, no party shall object to the removal of such action to any federal court located in New York,
New York, (c) each of the parties irrevocably waives the right to trial by jury, (d) each of the
parties irrevocably agrees to designate a service company located in the United States as its agent
for service of process and consents to service of process by first class certified mail, return
receipt requested, postage prepaid, to the address at which such party is located, and (e) the
prevailing parties shall be entitled to recover their reasonable attorneys’ fees, costs and
disbursements from the other parties (in addition to any other relief to which the prevailing
parties may be entitled).

          (b) Each of the parties hereto hereby irrevocably and unconditionally consents to service of
process in the manner provided for notices in Section 12.3. Nothing in this Agreement will affect
the right of any party to this Agreement to serve process in any other manner permitted by law.

     12.8 Waiver of Jury Trial. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY
WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND
THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY
IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR
THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i) NO
REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT
SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER,
(ii) IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVER, (iii) IT MAKES SUCH WAIVERS
VOLUNTARILY, AND (iv) IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE
MUTUAL WAIVER AND CERTIFICATIONS IN THIS SECTION 12.8.

     12.9 Counterparts. This Agreement may be executed in one or more counterparts, each
of which will be deemed to be an original copy of this Agreement and all of which, when taken
together, will be deemed to constitute one and the same agreement.

72

 

     12.10 Severability. If any provision of this Agreement is held invalid or
unenforceable by any court of competent jurisdiction, the other provisions of this Agreement will
remain in full force and effect. If any provision of this Agreement is held invalid or
unenforceable by a court of law, the other provisions will remain in full force and effect to the
extent not held invalid or unenforceable.

     12.11 Specific Performance. The Intcomex Parties, on the one hand, and the BP
Parties, on the other hand, recognize that any breach of the terms of this Agreement may give rise
to irreparable harm for which money damages would not be an adequate remedy, and accordingly agree
that, in addition to other remedies, any nonbreaching party shall be entitled to enforce the terms
of this Agreement by a decree of specific performance without the necessity of proving the
inadequacy as a remedy of money damages.

     12.12 Waiver. The rights and remedies of the parties to this Agreement are cumulative
and not alternative. Neither the failure nor any delay by any party in exercising any right,
power, or privilege under this Agreement or the documents referred to in this Agreement will
operate as a waiver of such right, power, or privilege, and no single or partial exercise of any
such right, power, or privilege will preclude any other or further exercise of such right, power,
or privilege or the exercise of any other right, power, or privilege. To the maximum extent
permitted by applicable law, (a) no claim or right arising out of this Agreement or the documents
referred to in this Agreement can be discharged by one party, in whole or in part, by a waiver or
renunciation of the claim or right unless in writing signed by the other party; and (b) no waiver
that may be given by a party will be applicable except in the specific instance for which it is
given.

     12.13
Bulk Sales Law. Intcomex hereby waives compliance by the BP Parties with the
provisions of any so-called bulk transfer laws of any jurisdiction in connection with the sale of
the Purchased Assets.

[Signatures Begin on Following Page]

73

 

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of
the day and year first above written.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	INTCOMEX, INC.	 	 	 	INTCOMEX DE GUATEMALA, S.A.	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:
	 	/s/ Michael Shalom	 	 	 	By:	 	IXLA HOLDINGS, LTD., 	 	 	 	 
	 
	 	Name:	 	Michael Shalom	 	 	 	 	 	its Majority Shareholder	 	 	 	 
	 
	 	Title:	 	President	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 
	 	By:  	                                                /s/ Michael Shalom
 	 
	 	 	Name:  	Michael Shalom 	 
	 	 	Title:  	Director 	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	BRIGHTPOINT, INC.	 	 	 	INTCOMEX COLOMBIA LTDA.	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	By:
	 	/s/ J. Mark Howell	 	 	 	By:	 	IXLA HOLDINGS, LTD., 	 	 	 	 
	 
	 	Name:	 	J. Mark Howell	 	 	 	 	 	its Majority Shareholder	 	 	 	 
	 
	 	Title:	 	President	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 
	 	By:  	                                                   /s/   Michael Shalom
 	 
	 	 	Name:  	Michael Shalom 	 
	 	 	Title:  	Director 	 

	 	 	 	 	 
	BRIGHTPOINT LATIN AMERICA, INC.

 	 	 
	By:  	/s/   J. Mark Howell
 	 	 
	 	Name:  	J. Mark Howell 	 	 
	 	Title:  	President 	 	 
	 
	BRIGHTPOINT INTERNATIONAL LTD.

 	 	 
	By:  	/s/   J. Mark Howell
 	 	 
	 	Name:  	J. Mark Howell 	 	 
	 	Title:  	President 	 	 
	 

74exv10w51

Exhibit 10.51

SUMMARY OF COMPENSATION ARRANGEMENTS

WITH NON-EMPLOYEE DIRECTORS

     The following description of the compensation arrangements between Alexza Pharmaceuticals,
Inc. (the “Company”) and each of its non-employee directors (other than pursuant to the Company’s
2005 Non-Employee Directors’ Stock Option Plan) is provided pursuant to Item 601(b)(10)(iii)(A) of
Regulation S-K, which requires a written description of any compensatory plan or arrangement
between a registrant and any of its directors when the compensation information is not set forth in
any formal document.

     The type and amount of compensation paid or awarded to the Company’s non-employee directors is
reviewed from time to time by the Corporate Governance and Nominating Committee (the “Nominating
Committee”) of the Company’s Board of Directors (the “Board”). In order to retain the services of
the Company’s current non-employee directors, to secure and retain the services of new non-employee
directors, and to provide competitive compensation for such persons’ services as directors of the
Company, the Nominating Committee recommended and the Board approved the following compensation
arrangements for the Company’s non-employee directors effective September 23, 2010:

	 	•	 	The Company will pay the lead director an annual
retainer of $58,000, and will pay each other director an annual retainer of $40,000.

	 	•	 	The Company will pay (i) each director who serves as
Chairman of the Audit & Ethics Committee of the Board (the “Audit Committee”) an annual
retainer of $18,000, (ii) each director who serves as Chairman of the Compensation
Committee of the Board an annual retainer of $10,000, and (iii) each director who
serves as Chairman of any the Nominating Committee an annual retainer of $5,000.

	 	•	 	The Company will reimburse each director all reasonable
out-of-pocket expenses incurred by such director in connection with attending any
regular or special meeting of the Board or any regular or special meeting of any
committee of the Board.

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