Document:

Executive Change In Control Program - 2013-Sept.-18

AUTODESK, INC.
EXECUTIVE CHANGE IN CONTROL PROGRAM
As Amended and Restated as of September 18, 2013
ARTICLE I 
PURPOSE, ESTABLISHMENT AND APPLICABILITY OF PLAN
A.    Purposes.  The Board of Directors (“Board”) of Autodesk, Inc. (the “Company”) has determined that it is in the best interests of the Company and its stockholders to assure that the Company will have the continued dedication of its executive staff, notwithstanding a Change of Control, and that it is in the best interests of the Company and its stockholders to provide the executive staff with financial security and encouragement to remain with the Company and to maximize the value of the Company following a Change of Control. 
B.    Establishment of Plan.  As of the Effective Date, the Company hereby establishes the Plan, as set forth in this document.
C.    Applicability of Plan.  Subject to the terms of this Plan, the benefits provided by this Plan shall be available to those Employees who, on or after the Effective Date, receive a Notice of Participation. 
ARTICLE II     
DEFINITIONS AND CONSTRUCTION
Whenever used in the Plan, the following terms shall have the meanings set forth below. 
A.    Annual Base Compensation.  “Annual Base Compensation” shall mean an amount equal to the Participant’s gross annual base salary, exclusive of bonuses, commissions and other incentive pay, as in effect immediately preceding the Change of Control. 
B.    Average Annual Bonus.  “Average Annual Bonus” shall mean the cash value of the average bonus amount awarded (determined without regard to any Participant deferral election or form of payment of such bonus) to the Participant under the Company’s incentive bonus and variable compensation programs as in effect on the Effective Date (or any predecessor or successor programs) for the three most recent consecutive and complete fiscal years of the Company prior to the fiscal year in which the Change of Control occurs.  For purposes of calculating a Participant’s Average Annual Bonus, the following rules shall apply: 
(i)    In the event a Participant was not eligible to participate in such bonus and variable compensation programs for the entire three year period, the Average Annual Bonus shall be calculated based upon the Participant’s actual period of eligibility; and 
(ii)    In the event a Participant first became eligible to participate in such bonus and variable compensation programs in the fiscal year in which the Change of Control occurs, the Participant’s Average Annual Bonus shall be based on his or her targeted bonus and variable compensation amounts as in effect immediately prior to such Change of Control. 
C.    Board.  “Board” means the Board of Directors of the Company. 
D.    Cause.  “Cause” means the (i) Participant’s engagement in acts of embezzlement, dishonesty or moral turpitude that has a material adverse effect on the Company; (ii) the conviction of Participant for having committed a felony; (iii) a breach by Participant of Participant’s fiduciary duties and responsibilities to the Company that has a material adverse effect on the Company’s business, operations, prospects or reputation; (iv) gross negligence or bad faith that has a material adverse effect on the Company; or (v) the willful and repeated failure (other than due to death or disability) of Participant to perform reasonable duties and responsibilities as an Employee to the reasonable 

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satisfaction of a duly authorized representative of the Company after the Participant has received a written demand for performance from the Company which specifically sets forth the factual basis for the Company’s belief that the Participant has failed to perform satisfactorily.  For purposes of this Plan, no act or failure to act shall be deemed to be “willful” unless done, or failed to be done, intentionally and in bad faith.
E.    Change of Control.  “Change of Control” means the occurrence of any of the following events:
(i)    Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s then outstanding voting securities; or 
(ii)    The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; or 
(iii)    The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation. 
(iv)    A change in the composition of the Board, as a result of which less than a majority of the Directors are Incumbent Directors.  “Incumbent Directors” shall mean Directors who either (A) are Directors of the Company as of the date hereof, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of those Directors whose election or nomination was not in connection with any transaction described in subsections (i), (ii) or (iii) or in connection with an actual or threatened proxy contest relating to the election of directors of the Company. 
F.    Code.  “Code” means the Internal Revenue Code of 1986, as amended. 
G.    Committee.  “Committee” means, subject to Article VII, the Compensation Committee of the Board.
H.    Company.  “Company” means Autodesk, Inc., any subsidiary corporations, any successor entities as provided in Article X hereof, and any parent or subsidiaries of such successor entities. 
I.    Effective Date.  “Effective Date” means September 18, 2013. 
J.    Employee.  “Employee” means an employee of the Company. 
K.    ERISA.  “ERISA” means the Employee Retirement Income Security Act of 1974, as amended. 
L.    Good Reason.  “Good Reason” means without the Participant’s written consent, (i) a material reduction in the Participant’s authority or responsibilities (including reporting or oversight responsibilities) relative to the Participant’s authority or responsibilities in effect immediately prior to the Change of Control (it being understood that a Participant’s retention following a Change of Control with a successor entity or a division or subsidiary of an acquiring entity (or its ultimate parent entity) which in each case is not a publicly traded corporation, shall constitute a material reduction in such Participant’s authority and responsibilities for purposes of this Plan); (ii) a material reduction in the Participant’s Annual Base Compensation; (iii) the material relocation of the Participant’s principal place of performing his or her duties as an employee of the Company by more than thirty (30) miles (it being understood that any such relocation by more than thirty (30) miles shall be deemed by the Company to be material); (iv) the Company’s material breach of any provision of this Plan or (v) the failure of an acquiring or successor entity to expressly assume the Plan and the Company’s obligations thereunder in connection with a Change of Control.  Notwithstanding the foregoing, an event described in this Section shall not constitute Good Reason unless it is communicated by the Participant to the Company in writing within ninety (90) days after the initial occurrence of the event and is not corrected by the Company in a manner which is reasonably satisfactory to such Participant 

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(including full retroactive correction with respect to any reduction in Annual Base Compensation) within thirty (30) days of the Company’s receipt of such written notice. 
M.    Notice of Participation.  “Notice of Participation,” means an individualized written notice of participation in the Plan from an authorized officer of the Company. 
N.    Participant.  “Participant” means an individual who meets the eligibility requirements of Article III. 
O.    Plan.  “Plan” means this Autodesk, Inc. Executive Change in Control Program, as set forth in this document, and as hereafter amended from time to time. 
P.    Release and Non-Solicitation Agreement.  “Release and Non-Solicitation Agreement” means the form of general waiver, release and non-solicitation agreement a Participant must execute as a condition to receiving severance and other benefits pursuant to Article IV. 
Q.    Termination Date.  “Termination Date” means (i) the date on which the Company delivers notice of termination to the Participant or such later date, not to exceed ninety (90) days, specified in the notice of termination, (ii) in the event the term of employment ends by reason of the Participant’s death, the date of death, or (iii) if the Participant terminates his or her employment with the Company, the date on which the Participant delivers notice of termination to the Company. 
ARTICLE III     
ELIGIBILITY
A.    Waiver.  As a condition of receiving benefits under the Plan, a Participant must sign the Release and Non-Solicitation Agreement, attached hereto as Exhibit A. 
B.    Participation in Plan.  Each Employee who is designated by the Board and who signs and timely returns to the Company a Notice of Participation shall be a Participant in the Plan.  An individual shall cease to be a Participant in the Plan upon the earlier of (i) ceasing to be an Employee or (ii) six (6) months after the Board (or its designee) notifies the Participant that he or she no longer is eligible under the Plan; provided, however that the immediately preceding clause (ii) shall not apply on and following the date that the Company enters into a definitive agreement which, if consummated, would result in a Change of Control, unless and until such agreement is expressly terminated pursuant to its terms.  Notwithstanding the preceding sentence, if an individual becomes entitled to severance and other benefits under Section A of Article IV prior to ceasing to be a Participant, he or she nevertheless shall be entitled to receive full payment of severance and benefits in accordance with the Plan.  A Participant entitled to benefits hereunder shall remain a Participant in the Plan until the full amount of the benefits accrued hereunder has been delivered to the Participant. 
ARTICLE IV     
TERMINATION OF EMPLOYMENT 
A.    Termination without Cause or for Good Reason following a Change of Control.  If, within sixty (60) days prior to or twelve (12) months following a Change of Control, the Company terminates a Participant’s employment without Cause or a Participant voluntarily terminates his or her employment on account of Good Reason, the Participant shall be entitled to receive the following severance and other benefits, provided Participant executes, returns to the Company and fails to revoke within sixty (60) days of his or her Date of Termination a Release and Non-Solicitation Agreement in accordance with Section A of Article III: 
(i)    Cash Payments.  The Participant shall be entitled to receive an amount equal to the sum of (a) one and one-half (1.5) times the sum of (1) Participant’s Annual Base Compensation and (2) Average Annual Bonus plus (b) the Participant’s pro-rata bonus for the fiscal year of the Company in which termination occurs, provided the Company bonus targets are satisfied (the “Pro-Rata Bonus Amount”) payable in a single lump sum. Any payment to which Participant is entitled under this Section A(i) shall be reduced by the aggregate amount 

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of severance payable to the Participant by the Company pursuant to any other plan, program, agreement or contract between the Participant and the Company.
(ii)    Options.  Each of the Participant’s outstanding stock option(s) granted under any of the Company’s equity incentive plans shall fully accelerate and become vested and exercisable with respect to one hundred percent (100%) of the shares of Company common stock subject thereto. 
(iii)    Restricted Stock Units.  Each of the Participant’s outstanding restricted stock unit award(s) granted under any of the Company’s equity incentive plans shall fully accelerate and become vested with respect one hundred percent (100%) of the shares of Company common stock subject thereto.
(iv)    Other Equity Awards.  Each of the Participant’s other outstanding awards granted by the Company to purchase or acquire shares of Company common stock shall fully accelerate and become vested and, if applicable, exercisable with respect to one hundred percent (100%) of the shares of Company common stock subject thereto.
(v)    Employee Benefits.  If the Participant (and any spouse and/or eligible dependents of the Participant (“Family Members”)) has medical, dental and vision coverage on the date of the Participant’s termination of employment under a group health plan sponsored by the Company, the Company will reimburse the Participant for the total applicable premium cost for medical and dental coverage under the Consolidated Omnibus Budget Reconciliation Act of 1986, 29 U.S.C. Sections 1161-1168; 26 U.S.C. Section 4980B(f), as amended, and all applicable regulations (referred to collectively as “COBRA”) for Covered Employee and any Family Members for a period that ends on the earlier of (i) eighteen (18) months following the Participant’s Termination Date, or (ii) the date that the Participant and his or her Family Members become covered under another employer’s medical, dental and vision plans. 
B.    Timing of Payments.  Subject to Article XIII, Section D., the accelerated vesting and exercisability described in Sections A(ii) and (iv)  above shall be effective immediately as of the date on which the Participant’s Release and Non-Solicitation Agreement may be revoked has expired.  Subject to Article XIII, Section D., below, assuming that the period within which the Participant’s Release and Non-Solicitation Agreement may be revoked has expired prior to such date, any severance payments described in Sections A(i) and (v) above and any vesting and settlement of restricted stock unit awards under A(iii) above shall be made or occur in the case of (i) and (iii), above, and commence in the case of (v), above, on the sixtieth (60th) day following his or her Separation from Service from the Company; provided that the Pro-Rata Bonus Amount shall in all events be paid only upon the satisfaction of the underlying Company bonus targets but shall be paid on or before March 15th of the fiscal year next following the year of the Participant’s termination of employment.  Notwithstanding the previous sentence, if the Participant shall die following a termination described in Section A above, the Participant shall not be required to execute the Release and Non-Solicitation Agreement in order for the Participant’s successors to receive the severance benefits described in Sections A(i)-(v) above.
C.    Other Termination.  If (i) the Participant voluntarily resigns from the Company without Good Reason, (ii) the Company terminates the Participant’s employment for Cause, (iii) the Participant’s employment terminates by reason of his or her disability or death, or (iv) prior to the Participant’s death, the Company provides him or her notice of termination for Cause or the Participant provides the Company notice of termination without Good Reason, then the Participant shall not be entitled to receive severance or other benefits under this Plan and shall be entitled to benefits (if any) only as may then be established under the Company’s then existing benefit plans and policies at the time of such resignation or termination. 
ARTICLE V     
GOLDEN PARACHUTE
In the event that the benefits provided for in this Plan otherwise constitute “parachute payments” within the meaning of Section 280G of the Code and would, but for this Article V be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”) , then the Participant’s benefits under Article IV shall be either: 

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(i)    delivered in full, or 
(ii)    delivered as to such lesser extent as would result in no portion of such benefits being subject to the Excise Tax, whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the Excise Tax, results in the receipt by Participant on an after-tax basis, of the greatest amount of benefits, notwithstanding that all or some portion of such benefits may be taxable under Section 4999 of the Code.  Unless the Committee otherwise agrees in writing, all determinations required to be made under this Article, including the manner and amount of any reduction in the Participant’s benefits under Article IV, and the assumptions to be utilized in arriving at such determinations, shall be made in writing in good faith by the accounting firm serving as the Company’s independent public accountants immediately prior to the event giving rise to such Payment (the “Accountants”).  If the Participant’s benefits are delivered to a lesser extent in accordance with this clause (ii), then the Participant’s aggregate benefits shall be reduced in the following order (i) cash severance pay that is exempt from Section 409A, (ii) any other cash severance pay, (iv) reimbursement payments under Article IV.A.(iv), above, (iii) any restricted stock units, (iv) any equity awards other than restricted stock units and stock options, and (v) stock options.  For purposes of making the calculations required by this Article V, the Accountants may make reasonable assumptions and approximations concerning the application of Sections 280G and 4999 of the Code.  The Company and the Participant shall furnish to the Accountants such information and documents as the Accountants may reasonably request to make a determination under this Article.  The Company shall bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this Article. 
ARTICLE VI     
FUNDING POLICY AND METHOD 
Any administrative expenses arising in connection with the Plan shall be paid as needed solely from the general assets of the Company.  Prior to a Change of Control, the Committee shall establish a trust with a bank trustee, for the purposes of paying cash benefits under this Plan.  Upon its establishment, the trust shall be a grantor trust subject to the claims of the Company’s (or its acquirer’s or successor’s creditors) and shall, immediately prior to a Change of Control, be funded in cash with an amount equal to one hundred percent (100%) of the aggregate cash benefits payable under this Plan assuming that all Participants in the Plan incurred a termination of employment entitling them to benefits hereunder immediately following the Change of Control; provided, however that the trust shall not be funded if the funding thereof would result in taxable income to the Participant by reason of Section 409A(b) of the Code; and provided, further than in no event shall any trust assets at any time be located outside of the United States, within the meaning of Section 409A(b) of the Code.  Notwithstanding the establishment of any such trust, a Participant’s rights hereunder will solely be those of a general unsecured creditor.  No contributions are required from any Participant under this Plan and no Participant has an interest in his or her severance or other benefits under this Plan until the Participant actually receives a payment. 
ARTICLE VII     
POST-CHANGE OF CONTROL COMMITTEE
This Plan shall be administered by the Committee; provided that in the event of a Change of Control, the Committee shall appoint a person or (persons) independent of the third party effectuating the Change of Control to be the Committee effective upon the occurrence of the Change of Control (the “Independent Committee”) and the Independent Committee shall not be removed or modified following a Change of Control.  Except as otherwise provided in this Plan, the decision of the Committee upon all matters within the scope of its authority shall be conclusive and binding on all parties. 
ARTICLE VIII     
REVIEW PROCEDURE 
The Plan is not intended to be subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).  If and only if, however, the Plan is determined to be subject to ERISA, the intention of the Company is that it shall be construed as a “welfare plan” as defined in Section 3(1) of ERISA, and this Article VIII shall apply.  

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The Committee shall establish a claims and appeals procedure applicable to Participants under the Plan.  Unless otherwise required by applicable law, such procedures will provide that a Participant has not less than sixty (60) days following receipt of any adverse benefit determination within which to appeal the determination in writing with the Committee, and that the Committee must respond in writing within sixty (60) days of receiving the appeal, specifically identifying those Plan provisions on which the benefit denial was based and indicating what, if any, information the Participant must supply in order to perfect a claim for benefits.  Notwithstanding the foregoing, the claims and appeals procedures established by the Committee will be provided for the use and benefit of Participants who choose to avail themselves of such procedure, but compliance with the provisions of these claims and appeals procedures by the Participant will not be mandatory for any Participant claiming benefits after a Change of Control.  It will not be necessary for any Participant to exhaust these procedures and remedies after a Change of Control prior to bringing any legal claim or action, or asserting any other demand, for payments or other benefits to which such Participant claims entitlement.  
ARTICLE IX     
EMPLOYMENT STATUS; WITHHOLDING 
A.    Employment Status.  This Plan does not constitute a contract of employment or impose on the Participant or the Company any obligation to retain the Participant as an Employee, to change the status of the Participant’s employment, or to change the Company’s policies regarding termination of employment.  The Participant’s employment is and shall continue to be “at-will”, as defined under applicable law.  If the Participant’s employment with the Company or a successor entity terminates for any reason, the Participant shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided by this Plan, or as may otherwise be available in accordance with the Company’s established employee plans and practices or other agreements with the Company at the time of termination. 
B.    Taxes.  All payments made pursuant to this Plan shall be subject to all applicable reporting obligations and any tax or other contributions required to be withheld under Federal, state or local law, or the applicable laws of any non-U.S. taxing authority as interpreted by the Company. 
ARTICLE X     
SUCCESSORS TO COMPANY AND PARTICIPANTS
A.    Company’s Successors.  Any successor to the Company (whether direct or indirect and whether by purchase, lease, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets shall assume and perform the obligations under this Plan.  For all purposes under this Plan, the term “Company” shall include any successor to the Company’s business and/or assets which executes and delivers the assumption agreement described in this subsection or which becomes bound by the terms of this Plan by operation of law. 
B.    Participant’s Successors.  All rights of the Participant hereunder shall inure to the benefit of, and be enforceable by, the Participant’s personal or legal representatives, executors, administrators, successors, heirs, distributes, devisees and legatees. 
ARTICLE XI     
DURATION, AMENDMENT AND TERMINATION
A.    Duration, Amendment and Termination.  This Plan shall remain in effect until, and shall terminate automatically on, January 31, 2017, unless the Board, in its sole discretion, determines to extend the duration of the Plan.  Prior to the earlier of a Change of Control or the date that the Company enters into a definitive agreement which, if consummated, would result in a Change of Control, unless and until such agreement is expressly terminated pursuant to its terms, the Board reserves the right to amend the Plan at any time, provided that no such amendment may be adverse to the Participant with respect to eligibility or amount of payments or benefits hereunder.  This Plan may not be amended or terminated in any respect on and following the earlier of a Change of Control or the date that the Company enters into a definitive agreement which, if consummated, would result in a 

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Change of Control, unless and until such agreement is expressly terminated pursuant to its terms.  Any action of the Company in amending or terminating the Plan will be taken in a non-fiduciary capacity.  A termination of this Plan pursuant to the preceding sentences shall be effective for all purposes, except that such termination shall not affect the payment or provision of compensation or benefits earned by a Participant prior to the termination of this Plan. 
ARTICLE XII     
NOTICE
A.    General.  Notices and all other communications contemplated by this Plan shall be in writing and shall be deemed to have been duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid.  In the case of the Participant, mailed notices shall be addressed to him or her at the home address which he or she most recently communicated to the Company in writing.  In the case of the Company, mailed notices shall be addressed to its corporate headquarters, and all notices shall be directed to the attention of its General Counsel. 
ARTICLE XIII     
MISCELLANEOUS PROVISIONS
A.    No Duty to Mitigate.  The Participant shall not be required to mitigate the amount of any benefits contemplated by this Plan, nor shall any such benefits be reduced by any earnings or benefits that the Participant may receive from any other source, except as provided otherwise in Section A(i) of Article IV of this Plan. 
B.    Severability.  The invalidity or unenforceability of any provision or provisions of this Plan shall not affect the validity or enforceability of any other provision hereof, which shall remain in full force and effect. 
C.    Administration.  The Company is the administrator of the Plan (within the meaning of section 3(16)(A) of ERISA).  The Plan will be administered and interpreted by the Board or its designee.  Any decision made or other action taken by the Board, its designee or the Review Panel with respect to the Plan, and any interpretation by any of them with respect to any term or condition of the Plan, or any related document, will be conclusive and binding on all persons and be given the maximum possible deference allowed by law.  The Board may delegate to any other person all or any portion of its authority or responsibility with respect to the Plan. 
D.    Code Section 409A. 
(i)    Notwithstanding anything herein to the contrary, any amount payable upon a Participant’s termination of employment that is deemed deferred compensation subject to Section 409A of the Code shall not be payable upon the Participant’s termination of employment pursuant to the Plan unless such termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”).  Each payment and benefit payable under this Plan is intended to constitute a separate payment for purposes of Section 409A of the Code.
(ii)    Notwithstanding any contrary provision of the Plan, if the Company determines, in its good faith judgment, that Section 409A of the Code will result in the imposition of additional tax to an earlier payment of any payment or benefit otherwise due to a Participant under the Plan during the six (6) month period following the Participant’s Termination Date, such payments or benefits will accrue during the six (6) month period and will become payable in a lump sum payment on the date six (6) months and one (1) day following the Termination Date, or if earlier in the event of the Participant’s death, together with interest on such delayed payment amounts (to be calculated using the relevant Applicable Federal Rate as in effect as of the date of such Participant’s termination of employment).  All subsequent payments or benefits, if any, will be paid as provided in the Plan. 
E.    No Assignment of Benefits.  The rights of any person to payments or benefits under this Plan shall not be made subject to option or assignment, either by voluntary or involuntary assignment or by operation of law, 

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including (without limitation) bankruptcy, garnishment, attachment or other creditor’s process, and any action in violation of this subsection shall be void. 
F.    Integration.  The Plan, as amended and restated effective September 18, 2013, constitutes the entire agreement between the Company and any Participant concerning the subject matter hereof and supersedes in its entirety any and all other plans, agreements or understandings related to the subject matter hereof, including without limitation, the Plan as in effect prior to the amendment and restatement effective September 18, 2013.  

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AUTODESK, INC. EXECUTIVE CHANGE IN CONTROL PROGRAM 
NOTICE OF PARTICIPATION 
To: 
Date: 
The Board has designated you as a Participant in the Autodesk, Inc. Executive Change in Control Program, as restated and amended September 18, 2013 (the “Plan”), a copy of which is attached hereto.  The terms and conditions of your participation in the Plan are as set forth in the Plan and in this Notice of Participation.  As a condition to receiving benefits under the Plan you agree (i) to sign a general waiver, release and non-solicitation agreement, substantially in the form attached to the Plan as Exhibit A, and (ii) to maintain in complete confidence your participation in the Plan as well as the contents and terms of this Notice of Participation.  You will cease to be a Participant in the Plan if you terminate employment under circumstances that do not entitle you to benefits under the Plan.  Also, the Board may choose to end your participation in this Plan.  If that happens, your participation will end six (6) months after the Company gives you written notice that your participation will end. 
If you enter into a separate agreement with the Company which provides benefits relating to a Change of Control and that agreement specifically states that such provisions shall supersede the provisions in the Plan, then you shall not be considered a Participant in the Plan so long as those alternative contractual benefits are in effect. 
By signature below, you acknowledge that the Plan, as amended and restated as of September 18, 2013, supersedes any predecessor plan and that any Notice provided under a predecessor plan is superseded by this Notice of Participation and no longer has any effect. 
If you agree to participate in the Plan on these terms and conditions, please acknowledge your acceptance by signing below.  Please return the signed copy of this Notice of Participation within ten (10) days of the date set forth above to: 
Attn: General Counsel  
Autodesk, Inc.  
111 McInnis Parkway  
San Rafael, CA 94903 
Your failure to timely remit this signed Notice of Participation will result in your removal from the Plan.  Please retain a copy of this Notice of Participation, along with the Plan, for your records. 

Date:          Signature:      

        

EXHIBIT A
RELEASE OF CLAIMS AND NON-SOLICITATION AGREEMENT
This Release of Claims and Non-Solicitation Agreement (“Agreement”) is made by and between Autodesk, Inc. (the “Company”) and                              (“Executive”). 
WHEREAS, Executive was employed by the Company; 
WHEREAS, Executive is a participant in the Company’s Executive Change in Control Program, as Amended and Restated September 18, 2013 (the “Plan”); 
NOW THEREFORE, in consideration of the mutual promises made herein, the Company and Executive (collectively referred to as the “Parties”) hereby agree as follows: 
1.  Termination.  Executive’s employment from the Company terminated on                      (the “Termination Date”). 
2.  Consideration.  The Company agreed pursuant to the terms of the Plan to provide Executive with certain benefits, including, but not limited to, cash severance payments and accelerated vesting of Executive’s options, restricted stock units and other equity awards, in the event Executive’s employment was terminated on or within twelve (12) months following certain changes of control of the Company, as set forth in the Plan, provided Executive executes this Agreement. 
3.  Payment of Salary.  Executive acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Executive, as of the Termination Date. 
4.  Release of Claims.  Executive agrees that the foregoing consideration represents settlement in full of all outstanding obligations owed to Executive by the Company.  Executive, on behalf of Executive, and his or her respective heirs, family members, executors and assigns, hereby fully and forever releases the Company and its past, present and future officers, agents, directors, executives, investors, shareholders, administrators, affiliates, divisions, subsidiaries, parents, predecessor and successor corporations, and assigns, from, and agrees not to sue or otherwise institute or cause to be instituted any legal or administrative proceedings concerning any claim, duty, obligation or cause of action relating to any matters of any kind, whether presently known or unknown, suspected or unsuspected, that Executive may possess arising from any omissions, acts or facts that have occurred up until and including the Effective Date of this Agreement including, without limitation, 
(a) any and all claims relating to or arising from Executive’s employment relationship with the Company and the termination of that relationship; 
(b) any and all claims relating to, or arising from, Executive’s right to purchase, or actual purchase of shares of stock of the Company, including, without limitation, any claims for fraud, misrepresentation, breach of fiduciary duty, breach of duty under applicable state corporate law, and securities fraud under any state or federal law; 
(c) any and all claims for wrongful discharge of employment; termination in violation of public policy; discrimination; breach of contract, both express and implied; breach of a covenant of good faith and fair dealing, both express and implied; promissory estoppel; negligent or intentional infliction of emotional distress; negligent or intentional misrepresentation; negligent or intentional interference with contract or prospective economic advantage; unfair business practices; defamation; libel; slander; negligence; personal injury; assault; battery; invasion of privacy; false imprisonment; and conversion; 
(d) any and all claims for violation of any federal, state or municipal statute, including, but not limited to, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Age Discrimination in Employment Act of 1967, the Americans with Disabilities Act of 1990, the Fair Labor Standards Act, the 

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Executive Retirement Income Security Act of 1974, The Worker Adjustment and Retraining Notification Act, the California Fair Employment and Housing Act, and Labor Code section 201, et seq. and section 970, et seq. and all amendments to each such Act as well as the regulations issued thereunder; 
(e) any and all claims for violation of the federal, or any state, constitution; 
(f) any and all claims arising out of any other laws and regulations relating to employment or employment discrimination; and 
(g) any and all claims for attorneys’ fees and costs. 
Notwithstanding the foregoing, the release set forth in this section shall not apply to, nor constitute a waiver of (i) any claims for indemnification (including costs of defense) under any indemnification agreement or similar provision of the Company’s governing documents; (ii) claims the Executive may have under any directors and officers liability insurance policy; (iii) claims to any benefits under the Plan; (iv) claims to any compensation or benefits in which Executive has a vested right as of his termination of employment with the Company or (v) claims which cannot be released or waived as a matter of applicable law.  Executive agrees that the release set forth in this section shall be and remain in effect in all respects as a complete general release as to the matters released. 
5.  Acknowledgment of Waiver of Claims under ADEA.  Executive acknowledges that Executive is waiving and releasing any rights Executive may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver and release is knowing and voluntary.  Executive and the Company agree that this waiver and release does not apply to any rights or claims that may arise under the ADEA after the Effective Date of this Agreement.  Executive acknowledges that the consideration given for this waiver and release Agreement is in addition to anything of value to which Executive was already entitled.  Executive further acknowledges that Executive has been advised by this writing that (a) Executive should consult with an attorney prior to executing this Agreement; (b) Executive has at least twenty-one (21) days within which to consider this Agreement; (c) Executive has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (d) this Agreement shall not be effective until the revocation period has expired.  Any revocation should be in writing and delivered to the General Counsel at Autodesk, Inc., 111 McInnis Parkway, San Rafael, California 94903, by close of business on the seventh day from the date that Executive signs this Agreement. 
6.  Civil Code Section 1542.  Executive represents that Executive is not aware of any claims against the Company other than the claims that are released by this Agreement.  Executive acknowledges that Executive has been advised by legal counsel and is familiar with the provisions of California Civil Code Section 1542, which provides as follows: 
A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 
Executive, being aware of said code section, agrees to expressly waive any rights Executive may have thereunder, as well as under any other statute or common law principles of similar effect. 
7.  No Pending or Future Lawsuits.  Executive represents that Executive has no lawsuits, claims, or actions pending in Executive’s name, or on behalf of any other person or entity, against the Company or any other person or entity referred to herein.  Executive also represents that Executive does not intend to bring any claims on Executive’s own behalf or on behalf of any other person or entity against the Company or any other person or entity referred to herein with regard to matters released hereunder. 
8.  Non-Solicitation.  During the twelve (12) months following the Termination Date, Executive will not directly or indirectly: 
(i) Solicit, encourage, recruit or take any other action which is intended to induce any other employee, independent contractor, customer or supplier of the Company or any affiliated corporation to 

2
        

terminate his, her or its relationship with the Company or any affiliated corporation, it being understood that a general solicitation or advertisement for employment that is not addressed to any specific individual shall not constitute conduct prohibited under this clause (i); or 
(ii) Interfere in any manner with the contractual or employment relationship between the Company or any affiliated corporation and any employee, independent contractor, customer or supplier of the Company or any affiliated corporation. 
9.  Costs.  The Parties shall each bear their own costs, expert fees, attorneys’ fees and other fees incurred in connection with this Agreement. 
10.  Authority.  Executive represents and warrants that Executive has the capacity to act on Executive’s own behalf and on behalf of all who might claim through her to bind them to the terms and conditions of this Agreement. 
11.  No Representations.  Executive represents that Executive has had the opportunity to consult with an attorney, and has carefully read and understands the scope and effect of the provisions of this Agreement.  Neither party has relied upon any representations or statements made by the other party hereto which are not specifically set forth in this Agreement. 
12.  Severability.  In the event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without said provision. 
13.  Entire Agreement.  This Agreement, the Plan and the notice of participation executed by Executive in connection with accepting participation in the Plan represent the entire agreement and understanding between the Company and Executive concerning Executive’s separation from the Company, and supersede and replace any and all prior agreements and understandings concerning Executive’s relationship with the Company and her compensation by the Company.  This Agreement may only be amended in writing signed by Executive and an executive officer of the Company. 
14.  Governing Law.  This Agreement shall be governed by the internal substantive laws, but not the choice of law rules, of the State of California. 
15.  Effective Date.  This Agreement is effective eight (8) days after it has been signed by both Parties. 
16.  Counterparts.  This Agreement may be executed in counterparts, and each counterpart shall have the same force and effect as an original and shall constitute an effective, binding agreement on the part of each of the undersigned. 
17.  Voluntary Execution of Agreement.  This Agreement is executed voluntarily and without any duress or undue influence on the part or behalf of the Parties hereto, with the full intent of releasing all claims.  The Parties acknowledge that: 
(a) They have read this Agreement; 
(b) They have been represented in the preparation, negotiation, and execution of this Agreement by legal counsel of their own choice or that they have voluntarily declined to seek such counsel; 
(c) They understand the terms and consequences of this Agreement and of the releases it contains; 
(d) They are fully aware of the legal and binding effect of this Agreement. 
IN WITNESS WHEREOF, the Parties have executed this Agreement on the respective dates set forth below.

3
        

	
			
	 
	 
	AUTODESK, INC.

	Dated:     
	 
	By:     

	 
	 
	 

	 
	 
	EXECUTIVE

	

Dated:     
	 
	

	 
	 
	(Signature)

	 
	 
	

	 
	 
	(Print Name)

49/20/13 - Exhibit 10.1 - Eighth Amendment

EXECUTION VERSION

EIGHTH AMENDMENT TO THIRD AMENDED AND RESTATED
RECEIVABLES PURCHASE AGREEMENT

THIS EIGHTH AMENDMENT TO THIRD AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT (this “Amendment”), dated as of September 20, 2013, is entered into among WESCO RECEIVABLES CORP. (the “Seller”), WESCO DISTRIBUTION, INC. (“WESCO” or the “Servicer”), the Purchasers (each, a “Purchaser”) and Purchaser Agents (each, a “Purchaser Agent”) party hereto, MARKET STREET FUNDING LLC (“Market Street”), as Assignor (as defined below), and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as Administrator (the “Administrator”) and as Assignee (as defined below).
RECITAL
1.The Seller, the Servicer, each Purchaser, each Purchaser Agent and the Administrator are parties to the Third Amended and Restated Receivables Purchase Agreement, dated as of April 13, 2009 (as amended through the date hereof, the “Agreement”).

2.Concurrently herewith, the Seller, the Servicer, each Purchaser and each Purchaser Agent are entering into that certain Third Amended and Restated Purchaser Group Fee Letter (the “Amended Fee Letter”), dated as of the date hereof.

3.Market Street, as the assignor (in such capacity, the “Assignor”), desires to sell, assign and delegate to PNC, as the assignee (in such capacity, the “Assignee”), all of the Assignor's rights under, interest in, title to and obligations under the Agreement and the other Transaction Documents (collectively, the “Assigned Documents”), and the Assignee desires to purchase and assume from the Assignor all of the Assignor's rights under, interest in, title to and obligations under the Assigned Documents.

4.After giving effect to the assignment and assumption contemplated in Section 2 of this Amendment, each of the parties hereto desires that Market Street cease to be a party to the Agreement and each of the other Assigned Documents to which it is a party and to be discharged from its duties and obligations as a Purchaser or otherwise under the Agreement and each of the other Assigned Documents.

5.The parties hereto desire to amend the Agreement as hereinafter set forth.

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
1.Certain Defined Terms.   Capitalized terms that are used herein without definition and that are defined in Exhibit I to the Agreement shall have the same meanings herein as therein defined.

2.Assignment and Assumption.

(a)Sale and Assignment by Assignor to Assignee.  At or before 2:00 pm (New York time) on the date hereof, the Assignee shall pay (i) to the Assignor, in immediately available funds, the amount set forth on Exhibit A hereto (such amount, the “Investment Payment”) representing 100.00% of the aggregate Investment of the Assignor under the Agreement on the date hereof and (ii) to the Assignor, in immediately available funds, the amount set forth on Exhibit A hereto representing all accrued but unpaid (whether or not then due) Discount, Fees and other costs and expenses payable in respect of such Investment to but excluding the date hereof (such amount, the “CP Costs and Other Costs”; together with the Investment Payment, collectively, the “Payoff Amount”).  Upon the Assignor's receipt of the Payoff Amount in its entirety, the Assignor hereby sells, transfers, assigns and delegates to the Assignee, without recourse, representation or warranty except as otherwise provided herein, and the Assignee hereby irrevocably purchases, receives, accepts and assumes from the Assignor, all of the Assignor's rights under, interest in, title to and all its obligations under the Agreement and the other Assigned Documents.  Without limiting the generality of the foregoing, the Assignor hereby assigns to the Assignee all of its right, title and interest in the Purchased Interest.

Payment of each portion of the Payoff Amount shall be made by wire transfer of immediately available funds in accordance with the payment instructions set forth on Exhibit B hereto.
(b)Removal of Assignor.  From and after the Effective Time (as defined below), the Assignor shall cease to be a party to the Agreement and each of the other Assigned Documents to which it was a party and shall no longer have any rights or obligations under Agreement or any other Assigned Document (other than such rights which by their express terms survive termination thereof).

(c)Limitation on Liability.  Notwithstanding anything to the contrary set forth in this Amendment, the Assignee does not accept or assume any liability or responsibility for any breach, failure or other act or omission on the part of the Assignor, or any indemnification or other cost, fee or expense related thereto, in each case which occurred or directly or indirectly arose out of an event which occurred prior to the Effective Time.

(d)Acknowledgement and Agreement.    Each of the parties and signatories hereto (i) hereby acknowledges and agrees to the sale, assignment and assumption set forth in clause (a) above, (ii) expressly waives any notice or other applicable requirements set forth in any Transaction Document as a prerequisite or condition precedent to such sale, assignment and assumption (other than as set forth herein) and (iii) acknowledges and agrees that this Section 2 is in form and substance substantially similar to a Transfer Supplement.

3.Joinder.

(a)PNC as a Conduit Purchaser. From and after the date hereof, PNC shall be a party to the Agreement as a “Conduit Purchaser” for all purposes thereof and of the other Transaction Documents, and PNC accepts and assumes all related rights and agrees to be bound by all of the terms and provisions applicable to a “Conduit Purchaser” contained in the Agreement and the other Transaction Documents.

2

(b)Appointment of PNC as Purchaser Agent for PNC's Purchaser Group.  PNC hereby designates itself as, and PNC hereby agrees to perform the duties and obligations of, the Purchaser Agent for PNC's Purchaser Group.  From and after the date hereof, PNC shall be a Purchaser Agent party to the Agreement, for all purposes of the Agreement and the other Transaction Documents as if PNC were an original party to the Agreement in such capacity, and PNC assumes all related rights and agrees to be bound by all of the terms and provisions applicable to Purchaser Agents contained in the Agreement and the other Transaction Documents.

(c)Consent to Joinder.  Each of the parties hereto consents to the foregoing joinder of PNC to the Agreement in the capacities of a “Conduit Purchaser” and a “Purchaser Agent” and any otherwise applicable conditions precedent thereto under the Agreement and the other Transactions Documents (other than as set forth herein) are hereby waived.

4.Amendments to the Agreement.  The Agreement is hereby amended as follows: 
 
(a)The following new Section 1.7(e) is hereby added to the Agreement immediately following existing Section 1.7(d) thereof:

(e)    Notwithstanding anything to the contrary, for purposes of this Section 1.7, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act, and all requests, rules, guidelines and directives promulgated thereunder and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or any Governmental Authority, any central bank of any jurisdiction, comparable agency or other Person, in each case pursuant to, or implementing, the accord know as Basel II or Basel III, are, in the case of each of clause (i) and clause (ii) above, deemed to have been introduced or adopted after the date hereof, regardless of the date enacted, adopted, issued, promulgated or implemented.
(b)The following new proviso is hereby added to Section 1.8 of the Agreement immediately following the existing proviso set forth at the end thereof:

; provided, further, however, that notwithstanding anything to the contrary, for purposes of this Section 1.8, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act, and all requests, rules, guidelines and directives promulgated thereunder, and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or any Governmental Authority, any central bank of any jurisdiction, comparable agency or other Person, in each case pursuant to, or implementing, the accord know as Basel II or Basel III, are, in the case of each of clause (i) and clause (ii) above, deemed to have been introduced or adopted after the date hereof, regardless of the date enacted, adopted, issued, promulgated or implemented

3

(c)The signature block for Market Street set forth on signature page S-2 of the Agreement is hereby deleted in its entirety.

(d)The definition of “Purchase Limit” set forth on Exhibit I to the Agreement is hereby replaced in its entirety with the following:

“Purchase Limit” means, at any time, the aggregate of all Group Commitments (which, on September 20, 2013, shall be $500,000,000), as such amount may be reduced pursuant to Section 1.1(b) of the Agreement or increased pursuant to Section 1.11 of the Agreement; provided, however, that at no time shall any such increase cause the Purchase Limit to exceed $600,000,000.  References to the unused portion of the Purchase Limit shall mean, at any time, the Purchase Limit minus the then outstanding Aggregate Investment.
(e)The definition of “Excluded Receivable” set forth on Exhibit I to the Agreement is hereby replaced in its entirety with the following:

“Excluded Receivable” means any Receivable (without giving effect to the exclusion of “Excluded Receivables” from the definition thereof) (i) owed by an Obligor not a resident of the United States and denominated in a currency other than U.S. dollars, (ii) originated by the Tampa Major Projects Branch, identified on WESCO's system as Branch No. 3840, (iii) originated by Communications Supply Corporation, the Obligor of which is The Stanley Works Co., (iv) originated by an Originator at any time after July 31, 2012, the Obligor of which is Siemens AG or any Subsidiary thereof or (v) originated by an Originator, the Obligor of which is any of Stanley Black & Decker, Inc., Thomson Reuters Corporation, Bayer AG or any Subsidiary thereof, Caterpillar Inc. or any Subsidiary thereof, or Mondelez International Inc. or any Subsidiary thereof.
(f)Schedule IV to the Agreement is hereby replaced in its entirety as attached hereto.

(g)Schedule VI to the Agreement is hereby replaced in its entirety as attached hereto.

(h)Schedule VII to the Agreement is hereby replaced in its entirety as attached hereto.

5.Acknowledgements and Agreements.  Notwithstanding anything to the contrary set forth in the Agreement, each of the parties hereto hereby acknowledge and agree that:

4

(a)solely on a one time basis on the date hereof (and subject to the satisfaction of each of the conditions set forth in Exhibit II to the Agreement), each of (i) the Purchaser Group that includes PNC and (ii) the Purchaser Group that includes Fifth Third, shall make a non-pro rata Purchase in the amount set forth opposite its name on Exhibit C hereto;

(b)solely on a one time basis on the date hereof, the Seller shall make a non-pro rata paydown to cause the reduction of the Investment of each of (i) the Purchaser Group that include Wells, (ii) the Purchaser Group that include U.S. Bank National Association and (iii) the Purchaser Group that includes The Huntington National Bank, in each case, in the amount set forth opposite its name on Exhibit C hereto; 

(c)for administrative convenience, the Seller herby requests that the Purchasers in the Purchaser Group that includes PNC fund such Purchases provided for in clause (a) above by wire transfer of immediately available funds (i) in an amount equal to $2,250,000 to U.S. Bank National Association's accounts set forth on Exhibit D hereto and that the amounts so transferred shall be applied as a reduction in U.S. Bank National Association's Investments provided for in clause (b) above and (ii) in an amount equal to $1,625,000 to The Huntington National Bank's accounts set forth on Exhibit D hereto and that the amounts so transferred shall be applied as a reduction in The Huntington National Bank's Investments provided for in clause (b) above;

(d)for administrative convenience, the Seller herby requests that the Purchasers in the Purchaser Group that includes Fifth Third fund such Purchases provided for in clause (a) above by wire transfer of immediately available funds (i) in an amount equal to $7,500,000 to Wells' accounts set forth on Exhibit D hereto and that the amounts so transferred shall be applied as a reduction in Wells' Investments provided for in clause (b) above and (ii) in an amount equal to $375,000 to The Huntington National Bank's accounts set forth on Exhibit D hereto and that the amounts so transferred shall be applied as a reduction in The Huntington National Bank's Investments provided for in clause (b) above; and

(e)after giving effect to such non-pro rata Purchases and non-pro rata paydown and the assignment and assumption set forth in Section 2 above, the Investment of each Purchaser (solely as of the date hereof and after giving effect to the non-pro rata Purchases and payments described above and the assignment and assumption described in Section 2 above) shall be the amount set forth opposite its name on Exhibit C hereto.

6.Consent.  Each of the parties hereto hereby consent to the filing, by or on behalf of the Servicer or the Administrator and at the sole expense of the Seller, of the UCC3 Financing Statement Amendment, to reflect the amendments set forth herein, in substantially the form attached hereto as Exhibit E.

7.Representations and Warranties.  The Seller and the Servicer hereby represent and warrant to each of the parties hereto as follows:

5

(a)Representations and Warranties. The representations and warranties contained in Exhibit III of the Agreement are true and correct as of the date hereof.

(b)Enforceability.  The execution and delivery by such Person of this Amendment, and the performance of each of its obligations under this Amendment and the Agreement, as amended hereby, are within its organizational powers and have been duly authorized by all necessary organizational action on its part.  This Amendment and the Agreement, as amended hereby, are such Person's valid and legally binding obligations, enforceable in accordance with its terms.

(c)No Default. Both before and immediately after giving effect to this Amendment and the transactions contemplated hereby, no Termination Event or Unmatured Termination Event exists or shall exist.

8.Effect of Amendment.  All provisions of the Agreement, as expressly amended and modified by this Amendment shall remain in full force and effect.  As of and after the Effective Time, all references in the Agreement (or in any other Transaction Document) to “this Agreement”, “hereof”, “herein” or words of similar effect referring to the Agreement shall be deemed to be references to the Agreement as amended by this Amendment.  This Amendment shall not be deemed, either expressly or impliedly, to waive, amend or supplement any provision of the Agreement other than as set forth herein.

9.Effectiveness.  This Amendment shall become effective as of the time (the “Effective Time”) at which the Administrator has executed this Amendment and receives each of the following: (A) counterparts of this Amendment (whether by facsimile or otherwise) executed by each of the other parties hereto, in form and substance satisfactory to the Administrator in its sole discretion, (B) counterparts of the Amended Fee Letter (whether by facsimile or otherwise) executed by each of the parties thereto, in form and substance satisfactory to the Administrator in its sole discretion, (C) confirmation of receipt by the Assignor of the Payoff Amount in its entirety in accordance with Section 2 of this Amendment, (D) confirmation of receipt by each Purchaser Agent of its respective portion of the “Amendment Fee” (under and as defined in the Amended Fee Letter) in accordance with the Amended Fee Letter, (E) a favorable opinion, in form and substance reasonably satisfactory to the Administrator and each Purchaser Agent, of K&L Gates LLP, counsel for Seller and the Servicer, as to certain general corporate and enforceability matters (including certain conflicts matters) and (F) such other agreements, documents, instruments and opinions as the Administrator may request.

10.Counterparts.  This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute but one and the same instrument.

11.Governing Law; Jurisdiction.   

11.1    THIS AMENDMENT SHALL BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING FOR SUCH PURPOSE SECTIONS 5-1401 AND 5-1402 OF THE 

6

GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK).

11.2    ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS AMENDMENT MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW YORK; AND, BY EXECUTION AND DELIVERY OF THIS AMENDMENT, EACH OF THE PARTIES HERETO CONSENTS, FOR ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION OF THOSE COURTS.  EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES, TO THE MAXIMUM EXTENT PERMITTED BY LAW, ANY OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, THAT IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH JURISDICTION IN RESPECT OF THIS AMENDMENT OR ANY DOCUMENT RELATED HERETO. EACH OF THE PARTIES HERETO WAIVES PERSONAL SERVICE OF ANY SUMMONS, COMPLAINT OR OTHER PROCESS, WHICH SERVICE MAY BE MADE BY ANY OTHER MEANS PERMITTED BY NEW YORK LAW. 

12.Section Headings.  The various headings of this Amendment are included for convenience only and shall not affect the meaning or interpretation of this Amendment, the Agreement or any provision hereof or thereof.

13.Further Assurances.    Each of the Seller and the Servicer hereby agrees to do all such things and execute all such documents and instruments, at the Seller's sole expense, as the Assignee may reasonably consider necessary or desirable to give full effect to the assignment and assumption set forth in Section 2 of this Amendment.

14.No Proceedings.  Each of the parties hereto hereby covenants and agrees that it will not institute against, or join any other Person in instituting against, Market Street any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or other proceeding under any federal or state bankruptcy or similar law, for one year and one day after the latest maturing Note issued by Market Street is paid in full. The provision of this Section 14 shall survive any termination of the Agreement.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first written above.
WESCO RECEIVABLES CORP.

By:    /s/ Brian M. Begg
Name:    Brian Begg
Title:    Treasurer

WESCO DISTRIBUTION, INC., 
as Servicer

By:    /s/ Brian M. Begg
Name:    Brian Begg
Title:    Treasurer

S-1

PNC BANK, NATIONAL ASSOCIATION,
as Administrator and Assignee

By:     /s/ Mark Falcione
Name:    Mark Falcione
Title:    Executive Vice President

S-2

THE CONDUIT PURCHASERS AND THE PURCHASER AGENTS:

MARKET STREET FUNDING LLC, 
as a Conduit Purchaser and Assignor

By:    /s/ Doris J. Hearn
Name:    Doris J. Hearn
Title:    Vice President

PNC BANK, NATIONAL ASSOCIATION, 
as a Purchaser Agent

By:     /s/ Mark Falcione
Name:    Mark Falcione
Title:    Executive Vice President

S-3

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as a Conduit Purchaser

By:    /s/ William P. Rutkowski
Name:    William P. Rutkowski
Title:    Vice President

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as Purchaser Agent for Wells Fargo Bank, National Association

By:    /s/ William P. Rutkowski
Name:    William P. Rutkowski
Title:    Vice President

S-4

FIFTH THIRD BANK, 
as a Conduit Purchaser

By:    /s/ Andrew D. Jones
Name:    Andrew D. Jones
Title:    Vice President

FIFTH THIRD BANK, 
as Purchaser Agent for Fifth Third Bank

By:    /s/ Andrew D. Jones
Name:    Andrew D. Jones
Title:    Vice President

S-5

U.S. BANK NATIONAL ASSOCIATION, 
as a Conduit Purchaser

By:    /s/ Kelli Lattanzio
Name:    Kelli Lattanzio
Title:    AVP

U.S. BANK NATIONAL ASSOCIATION, 
as Purchaser Agent for U.S. Bank National Association

By:    /s/ Kelli Lattanzio
Name:    Kelli Lattanzio
Title:    AVP

S-6

THE HUNTINGTON NATIONAL BANK, 
as a Conduit Purchaser

By:    /s/ Michael Kiss
Name:    Michael Kiss
Title:    Vice President

THE HUNTINGTON NATIONAL BANK, 
as Purchaser Agent for The Huntington National Bank

By:    /s/ Michael Kiss
Name:    Michael Kiss
Title:    Vice President

S-7

THE RELATED COMMITTED PURCHASERS:

PNC BANK, NATIONAL ASSOCIATION,
as a Related Committed Purchaser 

By:     /s/ Mark Falcione
Name:    Mark Falcione
Title:    Executive Vice President

S-8

FIFTH THIRD BANK, 
as a Related Committed Purchaser for Fifth Third Bank

By:    /s/ Andrew D. Jones
Name:    Andrew D. Jones
Title:    Vice President

S-9

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as a Related Committed Purchaser for Wells Fargo Bank, National Association

By:    /s/ William P. Rutkowski
Name:    William P. Rutkowski
Title:    Vice President

S-10

U.S. BANK NATIONAL ASSOCIATION, 
as a Related Committed Purchaser for U.S. Bank National Association

By:    /s/ Kelli Lattanzio
Name:    Kelli Lattanzio
Title:    AVP

S-11

THE HUNTINGTON NATIONAL BANK, 
as a Related Committed Purchase for The Huntington National Bank

By:    /s/ Michael Kiss
Name:    Michael Kiss
Title:    Vice President

S-12

SCHEDULE IV

NOTICE INFORMATION

WESCO RECEIVABLES CORP.,
as Seller

Address:
225 West Station Square Drive
Suite 700
Pittsburgh, Pennsylvania 15219
Attention: Treasurer
Telephone:  (412) 454-2374
Facsimile:  (412) 222-7427

WESCO DISTRIBUTION, INC.,
as Servicer

Address:
225 West Station Square Drive
Suite 700
Pittsburgh, Pennsylvania 15219
Attention: Treasurer
Telephone:  (412) 454-2374
Facsimile:  (412) 222-7427

PNC BANK, NATIONAL ASSOCIATION,
as Administrator

Address:
PNC Bank, National Association
Three PNC Plaza
225 Fifth Avenue
Pittsburgh, Pennsylvania  15222
Attention: Robyn Reeher
Telephone No.: (412) 768-3090
Facsimile No.: (412) 762-9184

Schedule IV-1

PNC BANK, NATIONAL ASSOCIATION,
as a Conduit Purchaser

Address:
PNC Bank, National Association
Three PNC Plaza
225 Fifth Avenue
Pittsburgh, Pennsylvania  15222
Attention: Robyn Reeher
Telephone No.: (412) 768-3090
Facsimile No.: (412) 762-9184

PNC BANK, NATIONAL ASSOCIATION, 
as Purchaser Agent for PNC Bank, National Association

Address:
PNC Bank, National Association
Three PNC Plaza
225 Fifth Avenue
Pittsburgh, Pennsylvania  15222
Attention: Robyn Reeher
Telephone No.: (412) 768-3090
Facsimile No.: (412) 762-9184

PNC BANK, NATIONAL ASSOCIATION,
as a Related Committed Purchaser for PNC Bank, National Association

Address:
PNC Bank, National Association
Three PNC Plaza
225 Fifth Avenue
Pittsburgh, Pennsylvania  15222
Attention: Robyn Reeher
Telephone No.: (412) 768-3090
Facsimile No.: (412) 762-9184

Schedule IV-2

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as a Conduit Purchaser

Address:
6 Concourse Parkway
Suite 1450
Atlanta, Georgia 30328
Attention: William P. Rutkowski
Telephone No.: (404) 732-0816
Facsimile No.: (404) 732-0802

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as a Related Committed Purchaser for Wells Fargo Bank, National Association

Address:
6 Concourse Parkway
Suite 1450
Atlanta, Georgia 30328
Attention: William P. Rutkowski
Telephone No.: (404) 732-0816
Facsimile No.: (404) 732-0802

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as Purchaser Agent for Wells Fargo Bank, National Association

Address:
6 Concourse Parkway
Suite 1450
Atlanta, Georgia 30328
Attention: William P. Rutkowski
Telephone No.: (404) 732-0816
Facsimile No.: (404) 732-0802

FIFTH THIRD BANK, 
as a Conduit Purchaser

Address:
38 Fountain Square Plaza
Cincinnati, Ohio  45263
Attention: Andrew Jones
Telephone No.: (513) 534-0836
Facsimile No.: (513) 534-0319

Schedule IV-3

FIFTH THIRD BANK, 
as a Related Committed Purchaser for Fifth Third Bank

Address:
38 Fountain Square Plaza
Cincinnati, Ohio  45263
Attention: Andrew Jones
Telephone No.: (513) 534-0836
Facsimile No.: (513) 534-0319

FIFTH THIRD BANK, 
as Purchaser Agent for Fifth Third Bank

Address:
38 Fountain Square Plaza
Cincinnati, Ohio  45263
Attention: Kevin Gusweiler
Telephone No.: (513) 534-0435
Facsimile No.: (513) 534-0319

U.S. BANK NATIONAL ASSOCIATION, 
as a Conduit Purchaser

Address:
425 Walnut Street
CN-OH-W14S
Cincinnati, Ohio 45202
Attention: Matthew Kasper
Telephone No.: (513) 632 - 4226
Facsimile No.: (513) 632 - 2030

U.S. BANK NATIONAL ASSOCIATION, 
as a Related Committed Purchaser for U.S. Bank National Association

Address:
425 Walnut Street
CN-OH-W14S
Cincinnati, Ohio 45202
Attention: Matthew Kasper
Telephone No.: (513) 632 - 4226
Facsimile No.: (513) 632 - 2030

Schedule IV-4

U.S. BANK NATIONAL ASSOCIATION, 
as Purchaser Agent for U.S. Bank National Association

Address:
425 Walnut Street
CN-OH-W14S
Cincinnati, Ohio 45202
Attention: Matthew Kasper
Telephone No.: (513) 632 - 4226
Facsimile No.: (513) 632 - 2030

THE HUNTINGTON NATIONAL BANK, 
as a Conduit Purchaser

Address:
41 S. High Street
Columbus, Ohio 43287
Attention: Mike Kiss
Telephone No.: (312) 762-2163 
Facsimile No.:  (877) 433-8992

THE HUNTINGTON NATIONAL BANK, 
as a Related Committed Purchaser for The Huntington National Bank

Address:
41 S. High Street
Columbus, Ohio 43287
Attention: Mike Kiss
Telephone No.: (312) 762-2163 
Facsimile No.:  (877) 433-8992

THE HUNTINGTON NATIONAL BANK, 
as Purchaser Agent for The Huntington National Bank

Address:
41 S. High Street
Columbus, Ohio 43287
Attention: Mike Kiss
Telephone No.: (312) 762-2163 
Facsimile No.:  (877) 433-8992

Schedule IV-5

HERNING ENTERPRISES, INC., 
as Originator solely in recognition of Section 6.17

Address:
225 West Station Square Drive
Suite 700
Pittsburgh, Pennsylvania 15219
Attention: Treasurer
Telephone:  (412) 454-2374
Facsimile:  (412) 222-7427

Schedule IV-6

SCHEDULE VI
COMMITMENTS

PNC BANK, NATIONAL ASSOCIATION,
as a Related Committed Purchaser for PNC Bank, National Association

Commitment: $172,500,000

FIFTH THIRD BANK, 
as a Related Committed Purchaser for Fifth Third Bank

Commitment: $92,500,000

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as a Related Committed Purchaser for Wells Fargo Bank, National Association

Commitment: $150,000,000

U.S. BANK NATIONAL ASSOCIATION,
as a Related Committed Purchaser for U.S. Bank National Association

Commitment: $45,000,000

THE HUNTINGTON NATIONAL BANK, 
as a Related Committed Purchaser for The Huntington National Bank

Commitment: $40,000,000

Schedule VI-1

SCHEDULE VII
SCHEDULED COMMITMENT TERMINATION DATE

PNC BANK, NATIONAL ASSOCIATION,
as a Related Committed Purchaser for PNC Bank, National Association

Scheduled Commitment Termination Date: September 20, 2016

FIFTH THIRD BANK, 
as a Related Committed Purchaser for Fifth Third Bank

Scheduled Commitment Termination Date: September 20, 2016

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as a Related Committed Purchaser for Wells Fargo Bank, National Association

Scheduled Commitment Termination Date: September 20, 2016

U.S. BANK NATIONAL ASSOCIATION,
as a Related Committed Purchaser for U.S. Bank National Association

Scheduled Commitment Termination Date: September 20, 2016

THE HUNTINGTON NATIONAL BANK, 
as a Related Committed Purchaser for The Huntington National Bank

Scheduled Commitment Termination Date: September 20, 2016

Schedule VII-1

EXHIBIT A

ASSIGNMENTS AND PAYMENT AMOUNTS
	
				
	Section 1.
	 

	 
	 

	Investment Payment:
	$
	160,000,000
	

	 
	 

	 
	 

	Section 2.
	 

	 
	 

	Discount:
	$
	26,019.44
	

	Fees:
	$
	143,195.55
	

	Other Amounts:
	$
	—
	

	CP Costs and Other Costs:
	$
	169,214.99
	

Exhibit A-1

EXHIBIT B

WIRING INSTRUCTIONS
Wiring instructions with respect to amounts payable to the Assignor:

	
		
	Bank Name:
	PNC Bank, National Association

	ABA #:
	43000096

	Account #:
	1002422076

	Account Name:
	Market Street Funding LLC

	Reference:
	WESCO Receivables Corp.

Exhibit B-1

EXHIBIT C

	
									
	Purchaser
	 
	Non-pro rata Purchase  (paydown)
	 
	Investment (after giving effect to the non-pro rata Purchase (paydown))

	 
	 
	 
	 
	 

	Wells Fargo Bank, National Association
	 
	$
	(7,500,000
	)
	 
	$
	142,000,000
	

	The Huntington National Bank
	 
	$
	(2,000,000
	)
	 
	$
	38,000,000
	

	U.S. Bank National Association
	 
	$
	(2,250,000
	)
	 
	$
	42,750,000
	

	PNC Bank, National Association
	 
	$
	3,875,000
	

	 
	$
	163,875,000
	

	Fifth Third
	 
	$
	7,875,000
	

	 
	$
	87,875,000
	

	Total
	 
	$
	—
	

	 
	$
	475,000,000
	

Exhibit C-1

EXHIBIT D

WIRING INSTRUCTIONS

Wiring instructions with respect to amounts payable to The Huntington National Bank:

The Huntington National Bank
41 South High Street 
Columbus, Ohio 43215
ABA #  044000024
Account Name  Commercial Loans
Account #  15804-777777

Wiring instructions with respect to amounts payable to U.S. Bank National Association:

Bank Name:     U.S. Bank National Association
City and State:      Minneapolis, MN  55402
ABA:  091000022
Beneficiary: U.S. Bank Asset Based Finance Settlements in Process    
Account Number: 025117091540980
Ref: WESCO Receivables Corp.

Wiring instructions with respect to amounts payable to Wells Fargo Bank, National Association:

Wells Fargo Bank, N.A.
420 Montgomery Street
San Francisco, CA
ABA # 121-000-248
A/C #     37235547964500562
Ref:  Wesco Receivables Corp.

Exhibit D-1

EXHIBIT E

UCC3 FINANCING STATEMENT AMENDMENT
(attached)

Exhibit E-1

EXHIBIT A
to
Uniform Commercial Code Financing Statement
on Form UCC-3

DEBTOR/SELLER.

___________________________________
___________________________________
___________________________________

ASSIGNOR/SECURED PARTY/BUYER

WESCO RECEIVABLES CORP.
225 West Station Square Drive, Suite 700
Pittsburgh, PA 15219

TOTAL ASSIGNEE OF
ASSIGNOR/SECURED PARTY/BUYER

PNC BANK, NATIONAL ASSOCIATION, 
as Administrator
Three PNC Plaza, 225 Fifth Avenue
Pittsburgh, PA 15222

The financing statement amendment (the “Financing Statement”) to which this Exhibit A is attached and made a part covers the following property, whether now or hereafter owned, existing or arising (herein called the “Collateral”): all right, title and interest of the Debtor/Seller in, to and under all of the following, whether now or hereafter existing: (a) all Receivables, all Related Security to such Receivables and monies due or to become due with respect to any of the foregoing, all books and records related to any of the foregoing, and (b) all collections and other proceeds and amounts received or receivable by Debtor/Seller under any of the foregoing.
The Financing Statement is being filed to perfect all interests in the Collateral purchased or contributed from time to time by the Assignor/Secured Party/Buyer from the Debtor/Seller in either case pursuant to the Purchase and Sale Agreement.  A purchase of or security interest in any Collateral described in this Financing Statement will violate the rights of the Total Assignee of Assignor/Secured Party/Buyer.

Exhibit E-1

As used herein, the following terms shall have the meanings set forth below and any capitalized term used but not otherwise defined herein shall have the meaning assigned thereto in, or by reference in, the Receivables Purchase Agreement. 
“Administrator” means PNC, as Administrator together with its successors or assigns in such capacity.
“Contract” means, with respect to any Receivable, any and all contracts, instruments, agreements, leases, invoices, notes or other writings pursuant to which such Receivable arises or that evidence such Receivable or under which an Obligor becomes or is obligated to make payment in respect of such Receivable.
“Excluded Receivable” means any Receivable (without giving effect to the exclusion of “Excluded Receivables” from the definition thereof) (i) owed by an Obligor not a resident of the United States and denominated in a currency other than U.S. dollars, (ii) originated by the Tampa Major Projects Branch, identified on WESCO Distribution, Inc.'s  system as Branch No. 3840, (iii) originated by Communications Supply Corporation, the Obligor of which is The Stanley Works Co., (iv) originated by Debtor/Seller at any time after July 31, 2012, the Obligor of which is Siemens AG or any Subsidiary thereof or (v) originated by Debtor/Seller, the Obligor of which is any of Stanley Black & Decker, Inc., Thomson Reuters Corporation, Bayer AG or any Subsidiary thereof, Caterpillar Inc. or any Subsidiary thereof, or Mondelez International Inc. or any Subsidiary thereof.
“Obligor” means, with respect to any Receivable, the Person obligated to make payments pursuant to the Contract relating to such Receivable. 
“Person” means an individual, partnership, corporation (including a business trust), joint stock company, trust, unincorporated association, joint venture, limited liability company or other entity, or a government or any political subdivision or agency thereof.
“PNC” means PNC Bank, National Association, a national banking association.
“Purchase and Sale Agreement” means that certain Purchase and Sale Agreement dated as of June 30, 1999, among Debtor/Seller, Assignor/Secured Party/Buyer and various other parties, as amended, supplemented, amended and restated, or otherwise modified from time to time.
 “Receivable” means any indebtedness and other obligations (other than Excluded Receivables) owed to the Debtor/Seller or Assignor/Secured Party/Buyer  by, or any right of the Debtor/Seller or Assignor/Secured Party/Buyer  to payment from or on behalf of, an Obligor, whether constituting an account, chattel paper, instrument or general intangible, arising in connection with the sale of goods or the rendering of services by Debtor/Seller (whether or not earned by performance), and includes the obligation to pay any finance charges, fees and other charges with respect thereto.
“Receivables Purchase Agreement” means, that certain Third Amended and Restated Receivables Purchase Agreement dated as of April 13, 2009 among WESCO Distribution, Inc., as Servicer, Assignor/Secured Party/Buyer, as Seller, the Administrator, and various other parties thereto, as amended, supplemented, amended and restated, or otherwise modified from time to time in accordance with the terms thereof. 
Exhibit E-1

“Related Security” means, with respect to any Receivable:
(a)    all of the Debtor/Seller's and the Assignor/Secured Party/Buyer's interest in any goods (including returned goods), and documentation of title evidencing the shipment or storage of any goods (including returned goods), relating to any sale giving rise to such Receivable,
(b)    all instruments and chattel paper that may evidence such Receivable,
(c)    all other security interests or liens and property subject thereto from time to time purporting to secure payment of such Receivable, whether pursuant to the Contract related to such Receivable or otherwise, together with all Uniform Commercial Code financing statements or similar filings relating thereto, and
(d)    all of the Debtor/Seller's and the Assignor/Secured Party/Buyer's rights, interests and claims under the Contracts and all guaranties, indemnities, insurance and other agreements (including the related Contract) or arrangements of whatever character from time to time supporting or securing payment of such Receivable or otherwise relating to such Receivable, whether pursuant to the Contract related to such Receivable or otherwise.
 “Subsidiary” means, as to any Person, a corporation, partnership, limited liability company or other entity of which shares of stock of each class or other interests having ordinary voting power (other than stock or other interests having such power only by reason of the happening of a contingency) to elect a majority of the Board of Directors or other managers of such entity are at the time owned, or management of which is otherwise controlled: (a) by such Person, (b) by one or more Subsidiaries of such Person or (c) by such Person and one or more Subsidiaries of such Person.

Exhibit E-1

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