Document:

Filed by Bowne Pure Compliance

Exhibit 10.2

EXECUTION COPY

AMENDMENT NO. 1 TO

SECOND AMENDED AND RESTATED CREDIT AGREEMENT

THIS AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this
“Amendment”) is being executed and delivered as of September 17, 2008 by and among Insight
Enterprises, Inc., a Delaware corporation (the “Company”), Insight Direct (UK) Ltd., a
company organized under the laws of England (the “UK Borrower”), Insight Enterprises B.V.,
a besloten vennootschap met beperkte aansprakelijkheid, incorporated under the laws of The
Netherlands (the “Dutch Borrower” and, collectively with the Company and the UK Borrower,
the “Borrowers”), JPMorgan Chase Bank, National Association, as administrative agent (in
such capacity, the “Administrative Agent”) under the Credit Agreement described below, and
certain of the lenders party to the Credit Agreement. All capitalized terms used herein without
definition shall have the same meanings as set forth in the Credit Agreement.

W I T N E S S E T H:

WHEREAS, the Borrowers, the Lenders, J.P. Morgan Europe Limited, as European Agent, and the
Administrative Agent are party to that certain Second Amended and Restated Credit Agreement, dated
as of April 1, 2008 (as amended, restated, supplemented or otherwise modified from time to time,
the “Credit Agreement”);

WHEREAS, the Company has requested the Lenders and the Administrative Agent to amend the
Credit Agreement in certain respects; and

WHEREAS, the Required Lenders and the Administrative Agent have agreed to so amend the Credit
Agreement on the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the foregoing premises, the terms and conditions stated
herein and other valuable consideration, the receipt and sufficiency of which are hereby
acknowledged by the parties hereto, such parties hereby agree as follows:

1. Amendments. Subject to the satisfaction of the conditions precedent set forth in
Section 3 below, the Credit Agreement is hereby amended as follows:

(a) Section 1.01 of the Credit Agreement is hereby amended to add the following
definitions in the appropriate alphabetical locations:

“Floorplan Collateral Agent” means Wells Fargo Foothill, LLC, in its
capacity as collateral agent under the Floorplan Credit Agreement.

“Floorplan Credit Agreement” means the Credit Agreement, dated as of
September 17, 2008, by and among Insight Public Sector, Inc., Insight Direct USA,
Inc., Calence, LLC, the lenders party thereto from time to time, Castle Pines
Capital, LLC, as an administrative agent, Wells Fargo Foothill, LLC, as an
administrative agent, and the Floorplan Collateral Agent.

 

 

 

“Floorplan Intercreditor Agreement” means the Intercreditor Agreement,
dated as of September 17, 2008, among the Company, the Administrative Agent and the
Floorplan Collateral Agent.

“Floorplan Loan Documents” means the Floorplan Credit Agreement and the
other “Loan Documents” (as defined in the Floorplan Credit Agreement).

“Foreign Assets” shall mean (i) the Equity Interests issued by Foreign
Subsidiaries and (ii) the assets of Foreign Subsidiaries.

(b) Section 1.01 of the Credit Agreement is hereby amended to amend and restate
the definition of “Asset Coverage Ratio” in its entirety as follows:

“Asset Coverage Ratio” means, as of the last day of any fiscal quarter
of the Company, the ratio of (i) the aggregate total book value of the Company’s and
its Subsidiaries’ Receivables and inventory (including, without limitation,
Receivables and inventory subject to Permitted Receivables Facilities, Vendor Trade
Programs and the Floorplan Loan Documents) as of such date to (ii) the aggregate
principal amount of Indebtedness or other obligations outstanding under the Loan
Documents, all Permitted Receivables Facilities, the Floorplan Credit Agreement and
all Vendor Trade Programs as of such date.

(c) The definition of “Consolidated Funded Indebtedness” set forth in
Section 1.01 of the Credit Agreement is hereby amended to insert the following
phrase at the end thereof: “(it being understood that Consolidated Funded Indebtedness shall
not include amounts outstanding under the Floorplan Credit Agreement or any Vendor Trade
Program so long as such amounts are not bearing interest payable by a Loan Party)”.

(d) The definition of “Intercreditor Agreement” set forth in Section
1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:

“Intercreditor Agreement” means the Second Amended and Restated
Intercreditor Agreement, dated as of September 17, 2008, among the Administrative
Agent, IBM Credit LLC, Hewlett Packard Company, JPMorgan Chase Bank, National
Association, as Agent for the “Securitization Parties” identified therein, and the
Floorplan Collateral Agent, and as acknowledged by the Company and certain of its
Subsidiaries.

(e) The definition of “Loan Documents” set forth in Section 1.01 of the
Credit Agreement is hereby amended to insert immediately after the phrase “the Intercreditor
Agreement,” the following phrase: “the Floorplan Intercreditor Agreement,”.

(f) The definition of “Material Indebtedness” set forth in Section 1.01
of the Credit Agreement is hereby amended to insert immediately prior to the phrase
“Indebtedness (other than the Loans and Letters of Credit)” the following phrase: “(a)
Indebtedness or other obligations outstanding under the Floorplan Credit Agreement and (b)
any other”.

 

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(g) The definition of “Vendor Trade Programs” set forth in Section 1.01
of the Credit Agreement is hereby amended to delete therefrom the phrase: “, Castle Pines
LLC or its Affiliates”.

(h) Section 5.01(b) of the Credit Agreement is hereby amended by deleting the
reference therein to “stockholders’ equity,”.

(i) Section 6.01 of the Credit Agreement is hereby amended to (i) delete the
word “and” appearing at the end of clause (r) thereof, (ii) renumber clause
(s) thereof as clause (t), (iii) delete from such renumbered clause (t)
the phrase “(r)” and insert therefor the following phrase: “(s)” and (iv)
insert the following new clause (s) immediately following clause (r)
thereof:

(s) Indebtedness outstanding under the Floorplan Credit Agreement, so long as
the aggregate principal amount thereof at no time exceeds $100,000,000; and

(j) Section 6.02 of the Credit Agreement is hereby amended to (i) delete the
word “and” appearing at the end of clause (m) thereof and (ii) delete clause
(n) thereof in its entirety and insert therefor the following clauses (n) and
(o):

(n) Liens securing obligations outstanding under the Floorplan Credit Agreement
so long as (i) the aggregate principal amount of such obligations at no time exceeds
$100,000,000, (ii) such Liens do not extend to (A) any asset of the Company or any
Domestic Subsidiary that is not subject to Lien in favor of the Administrative
Agent, for the benefit of the Holders of Secured Obligations, or (B) any Equity
Interest in, or any asset of, any Foreign Subsidiary and (iii) the parties to the
Floorplan Credit Agreement are bound by, and such Liens are subject to, the
Intercreditor Agreement and the Floorplan Intercreditor Agreement; and

(o) other Liens securing obligations in an aggregate principal amount at any
time not to exceed $5,000,000.

(k) Section 6.08 of the Credit Agreement is hereby amended to (i) delete the
word “and” appearing at the end of clause (v) of the proviso to the first sentence
thereof and insert therefor a comma and (ii) insert the following phrase at the end of the
proviso to the first sentence thereof: “and (vii) the foregoing shall not apply to
restrictions and conditions imposed by the Floorplan Loan Documents”.

(l) Article VI of the Credit Agreement is hereby amended to insert the
following Section 6.11 at the end thereof:

SECTION 6.11. Floorplan Loan Documents. The Company shall cause (i)
the Floorplan Collateral (as defined in the Floorplan Intercreditor Agreement) to be
identical in scope to the Collateral (other than with respect to Foreign Assets) and
(ii) the obligors on the Floorplan Obligations (as defined in the Floorplan
Intercreditor Agreement) to be identical in scope to the obligors on the Secured
Obligations (other than with respect to Foreign Subsidiaries). The
Company shall provide the Administrative Agent with a copy of any new material
Floorplan Loan Document or any amendment, waiver, consent, or other modification to
or under any material Floorplan Loan Document no later than five (5) Business Days
after its effectiveness.

 

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(m) Paragraph (g) of Article VII of the Credit Agreement is hereby
amended to insert the following proviso at the end thereof: “provided,
further, that this clause (g) shall not apply to any voluntary termination
of the Floorplan Credit Agreement pursuant to Section 3.2.1 thereof”.

2. Amended and Restated Intercreditor Agreement; Floorplan Intercreditor Agreement.
Subject to the satisfaction of the conditions precedent set forth in Section 3 below, the
Administrative Agent is hereby directed and authorized to immediately enter into, on behalf of
itself and the Holders of Secured Obligations: (i) an amendment and restatement of the
Intercreditor Agreement in the form of Exhibit A hereto (the “Amended and Restated
Intercreditor Agreement”) and (ii) an intercreditor agreement in the form of Exhibit B
hereto (the “Floorplan Intercreditor Agreement”) with the Company and the Floorplan
Collateral Agent.

3. Condition of Effectiveness. This Amendment shall be deemed to have become
effective as of the date hereof, but such effectiveness shall be subject to the condition precedent
that the Administrative Agent shall have received:

(a) executed counterparts of this Amendment duly executed and delivered by each
Borrower, the Administrative Agent and the Required Lenders;

(b) a copy of the Floorplan Credit Agreement, duly executed by each party thereto, and
copies of each document executed and/or delivered in connection therewith;

(c) a copy of the Amended and Restated Intercreditor Agreement, duly executed by each
party thereto;

(d) a copy of the Floorplan Intercreditor Agreement, duly executed by each party
thereto; and

(e) for the ratable account of each Lender that executes and delivers its signature
page hereto as and when required by the Administrative Agent, an amendment fee equal to
0.05% of the sum of such Lender’s US Tranche Revolving Commitment and European Tranche
Commitment as of the date hereof.

4. Representation and Warranties. Each Borrower hereby represents and warrants that
(i) this Amendment and the Credit Agreement as amended hereby constitute its legal, valid and
binding obligation and are enforceable against it in accordance with their respective terms,
subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting
creditors’ rights generally and subject to general principles of equity, regardless of whether
considered in a proceeding in equity or at law; (ii) all of the representations and warranties of
such Borrower set forth in the Credit Agreement are true and correct in all material respects on
and as of the date hereof (except to the extent such representations or warranties specifically
relate to any earlier date, in which case such representations and
warranties shall have been true and correct in all material respects as of such earlier date) and
(iii) no Default has occurred or is continuing.

 

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5. Effect on the Credit Agreement.

(a) Upon the effectiveness of this Amendment, on and after the date hereof, each reference in
the Credit Agreement to “this Agreement,” “hereunder,” “hereof,” “herein” or words of like import
shall mean and be a reference to the Credit Agreement, as amended and modified hereby.

(b) Except as expressly set forth herein, (i) the execution, delivery and effectiveness of
this Amendment shall neither operate as a waiver of any rights, power or remedy of the Agents or
the Lenders under the Credit Agreement or any other documents executed in connection with the
Credit Agreement, nor constitute a waiver of any provision of the Credit Agreement nor any other
document executed in connection therewith and (ii) the Credit Agreement shall remain in full force
and effect in accordance with its original terms.

6. GOVERNING LAW. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED
BY THE LAW OF THE STATE OF NEW YORK.

7. Costs and Expenses. The Company agrees to pay all reasonable and documented
out-of-pocket expenses incurred by the Administrative Agent, including the reasonable fees, charges
and disbursements of counsel for the Administrative Agent, in connection with the preparation,
negotiation and execution of this Amendment, the Amended and Restated Intercreditor Agreement and
the Floorplan Intercreditor Agreement.

8. Headings. Section headings in this Amendment are included herein for convenience
of reference only and shall not constitute a part of this Amendment for any other purpose.

9. Counterparts. This Amendment may be executed by one or more of the parties on any
number of separate counterparts and all of said counterparts taken together shall be deemed to
constitute one and the same instrument. A facsimile copy of any signature hereto shall have the
same effect as the original thereof.

[Signature Pages Follow]

 

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IN WITNESS WHEREOF, this Amendment has been duly executed as of the day and year first above
written.

	 	 	 	 	 
	 	INSIGHT ENTERPRISES, INC.,

as the Company

 	 
	 	By:  	/s/ Helen Johnson
 	 
	 	 	Name:  	Helen Johnson 	 
	 	 	Title:  	Treasurer 	 
	 
	 	INSIGHT DIRECT (UK), LTD.,

as the UK Borrower

 	 
	 	By:  	/s/ Stuart Fenton
 	 
	 	 	Name:  	Stuart Fenton 	 
	 	 	Title:  	President, EMEA 	 
	 
	 	INSIGHT ENTERPRISES B.V.,

as the Dutch Borrower

 	 
	 	By:  	/s/ Stuart Fenton
 	 
	 	 	Name:  	Stuart Fenton 	 
	 	 	Title:  	President, EMEA 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, NATIONAL
ASSOCIATION, 
individually as a Lender and as
Administrative Agent

 	 
	 	By:  	/s/ Anna C. Ruiz
 	 
	 	 	Name:  	Anna C. Ruiz 	 
	 	 	Title:  	Vice President 	 
	 
	 	J.P. MORGAN EUROPE LIMITED, 
as a Lender	 
	 
	 	By:  	/s/ Paul F. Hogan
 	 
	 	 	Name:  	Paul F. Hogan 	 
	 	 	Title:  	Vice President 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL
ASSOCIATION, 
as a Lender

 	 
	 	By:  	/s/ Tim Dillingham
 	 
	 	 	Name:  	Tim Dillingham 	 
	 	 	Title:  	Vice President 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	COMERICA BANK, 
as a Lender
 	 
	 
	 	By:  	/s/ Fatima Arshad
 	 
	 	 	Name:  	Fatima Arshad 	 
	 	 	Title:  	Assistant Vice President 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	HSBC BANK USA, NATIONAL ASSOCIATION,

as a Lender

 	 
	 	By:  	/s/ Steven F. Larsen
 	 
	 	 	Name:  	Steven F. Larsen 	 
	 	 	Title:  	First Vice President 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	BANK OF ARIZONA, N.A.

as a Lender

 	 
	 	By:  	/s/ Christine Nowaczyk
 	 
	 	 	Name:  	Christine Nowaczyk 	 
	 	 	Title:  	Senior Vice President 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	THE BANK OF TOKYO-MITSUBISHI UFJ,
LTD., 
as a Lender

 	 
	 	By:  	/s/ D. Barnell
 	 
	 	 	Name:  	D. Barnell 	 
	 	 	Title:  	Vice President & Manager 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	COMPASS BANK, 
as a Lender
 	 
	 
	 	By:  	/s/ Kenneth R. Ehrhardt
 	 
	 	 	Name:  	Kenneth R. Ehrhardt 	 
	 	 	Title:  	Senior Vice President 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	THE NORTHERN TRUST COMPANY,

as a Lender

 	 
	 	By:  	/s/ Morgan Lyons
 	 
	 	 	Name:  	Morgan Lyons 	 
	 	 	Title:  	Vice President 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit Agreement

 

 

 

	 	 	 	 	 
	 	PNC BANK, NATIONAL ASSOCIATION,

as a Lender

 	 
	 	By:  	/s/ Jenifer  L. Loew
 	 
	 	 	Name:  	Jennifer L. Loew 	 
	 	 	Title:  	Vice President 	 

Signature Page to

Amendment No. 1 to Second Amended and Restated Credit AgreementFiled by Bowne Pure Compliance

Exhibit 10.3

EXECUTION COPY

AMENDMENT NO. 9

TO

RECEIVABLES PURCHASE AGREEMENT

THIS AMENDMENT NO. 9 TO RECEIVABLES PURCHASE AGREEMENT dated as of September 17, 2008 (this
“Agreement”) is entered into among INSIGHT RECEIVABLES, LLC (the “Seller”), INSIGHT
ENTERPRISES, INC. (“Insight” and the “Servicer”), JPMORGAN CHASE BANK, N.A.
(successor by merger to Bank One, NA (Main Office Chicago)), as a Financial Institution and as
Agent (in its capacity as Agent, the “Agent”), and JS SILOED TRUST (“JS Trust”), as
assignee of Jupiter Securitization Company LLC. Capitalized terms used herein but not defined
herein shall have the meanings provided in the Receivables Purchase Agreement defined below.

W I T N E S S E T H

WHEREAS, the parties hereto are parties to that certain Receivables Purchase Agreement dated
as of December 31, 2002 (as amended, restated, supplemented or otherwise modified from time to
time, the “Receivables Purchase Agreement”);

WHEREAS, the parties hereto have agreed to amend the Receivables Purchase Agreement on the
terms and conditions hereafter set forth;

NOW, THEREFORE, in consideration of the premises set forth above, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto hereby agree as follows:

SECTION 1. Amendments. Subject to the fulfillment of the conditions precedent set
forth in Section 2 below, the Receivables Purchase Agreement is hereby amended as follows:

1.1 Section 2.6 of the Receivables Purchase Agreement is amended and restated in its entirety
as follows:

Section 2.6. Maximum Purchaser Interests and Aggregate Capital. Seller
shall ensure that at no time shall (i) the Purchaser Interests of the Purchasers
exceed in the aggregate 100% or (ii) the Aggregate Capital exceed the Purchase
Limit. If the aggregate of the Purchaser Interests of the Purchasers exceeds 100%,
Seller shall pay to the Agent within three (3) Business Days after Seller’s
knowledge thereof, an amount to be applied to reduce the Aggregate Capital (as
allocated by the Agent), such that after giving effect to such payment the aggregate
of the Purchaser Interests equals or is less than 100%. If the Aggregate Capital
exceeds the Purchase Limit, Seller shall pay to the Agent within one (1) Business
Day, an amount to be applied to reduce the Aggregate Capital (as allocated by the
Agent), such that after giving effect to such payment the Aggregate Capital equals
or is less than the Purchase Limit.

 

 

 

1.2 The first sentence of Section 5.1(o) of the Receivables Purchase Agreement is amended and
restated in its entirety as follows:

The Member owns, directly or indirectly, 100% of the issued and outstanding
membership interests of Seller, free and clear of any Adverse Claim other than the
Adverse Claim in favor of (i) the Administrative Agent as contemplated by the Credit
Agreement and (ii) the Floorplan Collateral Agent as contemplated by the Floorplan
Credit Agreement.

1.3 Section 7.1(a)(ii) of the Receivables Purchase Agreement is amended by (i) deleting the
phrase “the chief executive officer, president, chief financial officer, treasurer or senior vice
president of finance” and substituting the phrase “an Authorized Officer” therefor and (ii)
deleting the reference therein to “stockholders’ equity,”.

1.4 Section 7.1(a)(iv) of the Receivables Purchase Agreement is amended and restated in its
entirety as follows:

(iv) Statements and Reports. Promptly upon the furnishing thereof to
the shareholders or members of such Seller Party copies of all financial statements,
reports and proxy statements so furnished; provided, that the Seller Parties
shall be deemed to have delivered the foregoing to the Agent if such information has
been filed with the Securities and Exchange Commission and is available on the EDGAR
site at www.sec.gov or any successor government site that is freely and readily
available to the Agent without charge, or has been made available on Insight’s
website www.insight.com, and the delivery date therefor shall be deemed to be the
first day on which such information is available to the Agent on one of such web
pages; provided, further, that Insight will promptly notify the
Agent of each posting to such sites upon the occurrence thereof. In order to
provide such notices promptly, Insight agrees that it shall register the Agent in
the appropriate Insight databases necessary to cause such notices to be sent
automatically (including, without limitation, by e-mail to e-mail addresses agreed
upon by the Agent) on the applicable filing dates.

1.5 Section 7.1(a)(v) of the Receivables Purchase Agreement is amended and restated in its
entirety as follows:

(v) S.E.C. Filings. Promptly upon the filing thereof, copies of all
registration statements and annual, quarterly, monthly or other regular reports
which Insight or any of its Subsidiaries files with the Securities and Exchange
Commission; provided, that the Seller Parties shall be deemed to have
delivered the foregoing to the Agent if such information has been filed with the
Securities and Exchange Commission and is available on the EDGAR site at www.sec.gov
or any successor government site that is freely and readily available to the Agent
without charge, or has been made available on Insight’s website www.insight.com, and
the delivery date therefor shall be deemed to be the first day on which such
information is available to the Agent on one of such web pages; provided,
further, that Insight will promptly notify the Agent of each
posting to such sites upon the occurrence thereof. In order to provide such notices
promptly, Insight agrees that it shall register the Agent in the appropriate Insight
databases necessary to cause such notices to be sent automatically (including,
without limitation, by e-mail to e-mail addresses agreed upon by the Agent) on the
applicable filing dates.

 

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1.6 Section 7.1(j) of the Receivables Purchase Agreement is amended by adding the following
sentence as the last sentence thereof:

Each Seller Party will cause each Government Contract Payment under a
Government Contract Sale Receivable to be made to an account other than a Collection
Account.

1.7 Section 8.2(b) of the Receivables Purchase Agreement is amended by adding the following
sentence as the first sentence thereof:

The Servicer will instruct all Government Contract Sale Obligors to make all
Government Contract Payments to locations other than a Lock-Box or Collection
Account.

1.8 Clause (i) of Section 8.5 of the Receivables Purchase Agreement is amended to delete
therefrom the phrase “during a Weekly Reporting Period”.

1.9 The last sentence of Section 9.1(c) of the Receivables Purchase Agreement is amended by
deleting the reference therein to “$5,000,000” and substituting “$25,000,000” therefor.

1.10 Clause (ii) of Section 9.1(g) of the Receivables Purchase Agreement is amended and
restated in its entirety as follows:

(ii) the weighted average of the Delinquency Ratios for the three most recently
ended Fiscal Months shall exceed 13.5%;

1.11 Section 9.1(i) of the Receivables Purchase Agreement is amended and restated in its
entirety as follows:

(i) (w) One or more judgments for the payment of money shall be rendered
against the Seller, (x) one or more nonmonetary judgments or orders which,
individually or in the aggregate, could reasonably be expected to have a Material
Adverse Effect shall be rendered against the Seller, (y) one or more judgments for
the payment of money in an aggregate amount in excess of $10,000,000 (to the extent
not covered by a valid and binding policy of insurance in favor of the Servicer, the
applicable Originator or the applicable Subsidiary with respect to which the related
insurer has been notified of a claim for payment and has not disputed such claim)
shall be rendered against the Servicer, any Originator, any of their Subsidiaries or
any combination of the foregoing and the same shall remain undischarged for a period
of 30 consecutive days during which execution shall not be effectively stayed, or
any action shall be legally taken by a
judgment creditor to attach or levy upon any assets of the Servicer, any
Originator or any of their Subsidiaries to enforce any such judgment, or (z) one or
more nonmonetary judgments or orders which, individually or in the aggregate, could
reasonably be expected to have a Material Adverse Effect, shall be rendered against
the Servicer, any Originator, any of their Subsidiaries or any combination of the
foregoing and the same shall remain undischarged for a period of 30 consecutive days
during which execution shall not be effectively stayed, or any action shall be
legally taken by a judgment creditor to attach or levy upon any assets of the
Servicer, any Originator or any of their Subsidiaries to enforce any such judgment;

 

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1.12 Section 9.1(l) of the Receivables Purchase Agreement is amended and restated in its
entirety as follows:

(l) The Total Leverage Ratio, as of the last day of each Fiscal Quarter of Insight, shall
exceed the following ratios for the following periods:

	 	 	 
	Period	 	Maximum Total Leverage Ratio
	 
	April 1, 2008 through September 30, 2009
	 	3.00 to 1.00
	 	 	 
	October 1, 2009 through September 30, 2010
	 	2.75 to 1.00
	 	 	 
	October 1, 2010 and thereafter
	 	2.50 to 1.00

1.13 Section 9.1(m) of the Receivables Purchase Agreement is amended and restated in its
entirety as follows:

(m) The Fixed Charge Coverage Ratio, as of the last day of each Fiscal Quarter of Insight,
shall be less than 1.25 to 1.00.

1.14 Section 9.1(n) of the Receivables Purchase Agreement is amended and restated in its
entirety as follows:

(n) The Asset Coverage Ratio, as of the last day of each Fiscal Quarter of Insight, shall be
less than 1.50 to 1.00.

1.15 Article XII of the Receivables Purchase Agreement is amended to insert the following new
Section 12.5 at the end thereof:

Section 12.5. Federal Reserve. Notwithstanding any other provision of
this Agreement to the contrary, any Financial Institution may at any time pledge or
grant a security interest in all or any portion of its rights (including, without
limitation, any Purchaser Interest and any rights to payment of Capital and Yield)
under this Agreement to secure obligations of such Financial Institution to a
Federal Reserve Bank, without notice to or consent of the Seller or the Agent;
provided that no such pledge or grant of a security interest shall release a
Financial Institution from any of its obligations hereunder, or substitute any such
pledgee or grantee for such Financial Institution as a party hereto.

 

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1.16 The definition of “Acquired Entity EBITDA” set forth in Exhibit I to the
Receivables Purchase Agreement is amended by amending and restating the proviso therein as follows:

provided, that when calculating Acquired Entity EBITDA with respect to the
Calence Acquisition through the period ending March 31, 2009, Insight may use
amounts related to historical Calence EBITDA as set forth in pro-forma consolidated
financial statements contained in the Information Memorandum.

1.17 The definition of “Adjusted Consolidated EBITDA” set forth in Exhibit I to the
Receivables Purchase Agreement is amended to delete therefrom the phrase “Spectrum Acquisition”
where it appears therein and to substitute therefor the phrase “Calence Acquisition”.

1.18 The definition of “Administrative Agent” set forth in Exhibit I to the
Receivables Purchase Agreement is amended by inserting the following proviso immediately prior to
the end thereof:

; provided, that for purposes of the Dutch Parallel Debt (as defined in the
Credit Agreement), JPMorgan Chase Bank, National Association will be acting in its
individual capacity.

1.19 The definition of “Attributable Debt” set forth in Exhibit I to the Receivables
Purchase Agreement is deleted therefrom in its entirety.

1.20 The definition of “Authorized Officer” set forth in Exhibit I to the Receivables
Purchase Agreement is amended and restated in its entirety as follows:

“Authorized Officer” means, with respect to any Person, its chief
executive officer, president, chief financial officer, treasurer, chief accounting
officer or senior vice president of finance.

1.21 The definition of “Consolidated EBITDA” is amended to delete in its entirety the
phrase “from revenues” set forth in clause (b) thereof.

 

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1.22 The definition of “Consolidated Funded Indebtedness” set forth in Exhibit I to
the Receivables Purchase Agreement is amended and restated in its entirety as follows:

“Consolidated Funded Indebtedness” means, at any time, the sum (without
duplication) of (i) the aggregate principal amount of Consolidated Indebtedness
owing by Insight and its Subsidiaries which has actually been funded and is
outstanding at such time, whether or not such amount is due or payable at such
time, plus (ii) the aggregate stated or face amount of all letters of credit at such
time for which any of Insight and its Subsidiaries is the account party (unless cash
collateralized with cash and/or cash equivalents in a manner permitted hereunder)
plus (iii) the aggregate amount of Capitalized Lease Obligations owing by Insight
and its Subsidiaries plus (iv) the aggregate of all amounts owing by Insight and its
Subsidiaries with respect to judgments or settlements arising in connection with
trials, arbitrations, mediations, litigation or other forums for dispute resolution
(to the extent not covered by a valid and binding policy of insurance in favor of
Insight or the applicable Subsidiary with respect to which the related insurer has
been notified of a claim for payment and has not disputed such claim) (it being
understood that Consolidated Funded Indebtedness shall not include amounts
outstanding under the Floorplan Credit Agreement or any Vendor Trade Program so long
as such amounts are not bearing interest payable by a Loan Party).

1.23 The definition of “Consolidated Indebtedness” set forth in Exhibit I to the
Receivables Purchase Agreement is amended and restated in its entirety as follows:

“Consolidated Indebtedness” means, at any time, the Indebtedness of
Insight and its Subsidiaries calculated on a consolidated basis as of such time.

1.24 The definition of “Credit Agreement” set forth in Exhibit I to the Receivables
Purchase Agreement is amended and restated in its entirety as follows:

“Credit Agreement” means that certain Second Amended and Restated
Credit Agreement, dated as of April 1, 2008, among Insight, as borrower, the
“European Borrowers” party thereto, the “Lenders” from time to time party thereto,
J.P. Morgan Europe Limited, as European Agent, Wells Fargo Bank, National
Association and U.S. Bank National Association, as Co-Syndication Agents, and the
Administrative Agent, as amended, restated, supplemented or otherwise modified from
time to time.

1.25 The definition of “Disqualified Equity Interests” set forth in Exhibit I to the
Receivables Purchase Agreement is amended and restate in its entirety as follows:

“Disqualified Equity Interests” means Equity Interests that (a) require
the payment of any cash dividends prior to the date that is 91 days after the
Maturity Date (as defined in the Credit Agreement), (b) mature or are mandatorily
redeemable (other than solely for Qualified Equity Interests) or subject to
mandatory repurchase or redemption or repurchase at the option of the holders
thereof (other than solely for Qualified Equity Interests), in each case in whole or
in part and whether upon the occurrence of any event, pursuant to a sinking fund
obligation on a fixed date or otherwise, prior to the date that is 91 days after the
Maturity Date (as defined in the Credit Agreement) (other than (i) upon termination
of the Commitments (as defined in the Credit Agreement) and payment in full of the
Obligations (as defined in the Credit Agreement) then due and owing or (ii) upon a
“change in control” or asset sale, provided, that any
payment required pursuant to this clause (ii) is subject to the prior repayment
in full of the Obligations (as defined in the Credit Agreement) or is otherwise
contractually subordinated in right of payment to the Obligations (as defined in the
Credit Agreement) on terms reasonably satisfactory to the Administrative Agent) or
(c) are convertible or exchangeable, automatically or at the option of any holder
thereof, into any Indebtedness, Equity Interests or other assets other than
Qualified Equity Interests prior to the date that is 91 days after the Maturity Date
(as defined in the Credit Agreement).

 

6

 

1.26 The definition of “Equity Interests” set forth in Exhibit I to the Receivables
Purchase Agreement is amended and restated in its entirety as follows:

“Equity Interests” means shares of capital stock, partnership interests
and entitlements, membership interests in a limited liability company, beneficial
interests in a trust or other equity ownership interests in a Person, and any
warrants, options or other rights entitling the holder thereof to purchase or
acquire any such equity interest.

1.27 The definition of “ERISA” set forth in Exhibit I to the Receivables Purchase
Agreement is deleted therefrom in its entirety.

1.28 The definition of “Facility Termination Date” set forth in Exhibit I to the
Receivables Purchase Agreement is amended and restated in its entirety as follows:

“Facility Termination Date” means the earliest of (i) September 17,
2011, (ii) the Liquidity Termination Date and (iii) the Amortization Date.

1.29 The definition of “Fee Letter” set forth in Exhibit I to the Receivables Purchase
Agreement is amended and restated in its entirety as follows:

“Fee Letter” means that certain Second Amended and Restated Fee Letter,
dated as of September 17, 2008, among the Seller, the Agent and JS Trust, as it may
be amended, restated, supplemented or otherwise modified and in effect from time to
time.

1.30 The definition of “Fixed Charge Coverage Ratio” set forth in Exhibit I to the
Receivables Purchase Agreement is amended and restated in its entirety as follows:

“Fixed Charge Coverage Ratio” means, as of the last day of any Fiscal
Quarter of Insight, the ratio of (a)(i) Consolidated EBITDA during the four Fiscal
Quarter period then ended minus (ii) Consolidated Capital Expenditures
during such period minus (iii) cash dividends or distributions (excluding
any repurchase of its Equity Interests made by Insight in accordance with Section
6.06 of the Credit Agreement) paid by Insight on its Equity Interests during such
period plus (iv) Consolidated Rentals during such period to (b)(i)
Consolidated Interest Expense during such period plus (ii) Consolidated
Rentals during such period plus (iii) expenses for taxes paid or taxes
accrued during such period (calculated for Insight and its Subsidiaries on a
consolidated basis) plus (iv) any scheduled
amortization of the principal portion of Indebtedness during such period (other
than amounts owing in connection with Permitted Receivables Facilities), including,
without limitation, Capitalized Lease Obligations (calculated for Insight and its
Subsidiaries on a consolidated basis).

 

7

 

1.31 The definition of “Indebtedness” set forth in Exhibit I to the Receivables
Purchase Agreement is amended and restated in its entirety as follows:

“Indebtedness” of any Person means, without duplication, (a) all
obligations of such Person for borrowed money, (b) all obligations of such Person
evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of
such Person under conditional sale or other title retention agreements relating to
property acquired by such Person, (d) all obligations of such Person in respect of
the deferred purchase price property or services (excluding current accounts payable
incurred in the ordinary course of business), (e) all Indebtedness of others secured
by any Lien on property owned or acquired by such Person, whether or not the
Indebtedness secured thereby has been assumed, (f) all Guarantees by such Person of
obligations, liabilities or indebtedness of the type described in clauses (a)
through (e) and (g) through (l) of this definition, (g) all Capitalized Lease
Obligations of such Person, (h) Off-Balance Sheet Liabilities of such Person, (i)
the principal component of all obligations, contingent or otherwise, of such Person
as an account party in respect of letters of credit and letters of guaranty (unless
cash collateralized with cash and/or cash equivalents in a manner permitted
hereunder), (j) the principal component of all obligations, contingent or otherwise,
of such Person in respect of bankers’ acceptances, (k) with respect to any
Subsidiary of Insight, any Disqualified Equity Interests of such Person and (l) all
Net Mark-to-Market Exposure of such Person under all Swap Agreements. The
Indebtedness of any Person shall include the Indebtedness of any other entity
(including any partnership in which such Person is a general partner) to the extent
such Person is liable therefor as a result of such Person’s ownership interest in or
other relationship with such entity, except to the extent the terms of such
Indebtedness provide that such Person is not liable therefor.

1.32 The definition of “Intercreditor Agreement” set forth in Exhibit I to the
Receivables Purchase Agreement is amended and restated in its entirety as follows:

“Intercreditor Agreement” means that certain Second Amended and
Restated Intercreditor Agreement, dated as of September 17, 2008, by and among the
Administrative Agent, the Agent, IBM Credit LLC, Hewlett Packard Company and the
Floorplan Collateral Agent (as acknowledged by Insight and certain of its
Subsidiaries) as amended, restated, supplemented or otherwise modified from time to
time.

1.33 The definition of “Liquidity Termination Date” is amended to delete the reference
therein to “September 7, 2009” and to substitute “September 16, 2009” therefor.

 

8

 

1.34 The definition of “Off-Balance Sheet Liability” set forth in Exhibit I to the
Receivables Purchase Agreement is amended and restated in its entirety as follows:

“Off-Balance Sheet Liability” of a Person means, without duplication,
(a) any Attributable Receivables Indebtedness of such Person, and (b) the principal
component of (i) any repurchase obligation or liability of such Person with respect
to Receivables or notes receivable sold by such Person, (ii) any liability under any
so-called “synthetic lease” or “tax ownership operating lease” transaction entered
into by such Person or (iii) any obligation arising with respect to any other
transaction which is the functional equivalent of or takes the place of borrowing
but which does not constitute a liability on the consolidated balance sheets of such
Person, but excluding from this clause (iii) all Operating Leases.

1.35 The definition of “Permitted Acquisition” set forth in Exhibit I to the
Receivables Purchase Agreement is amended and restated in its entirety as follows:

“Permitted Acquisition” means (a) subject to the satisfaction of the
terms and conditions in Section 4.01 of the Credit Agreement, the Calence
Acquisition, and (b) any other acquisition (whether by purchase, merger,
consolidation or otherwise but excluding in any event a Hostile Acquisition) or
series of related acquisitions by Insight or any Subsidiary of all or substantially
all the assets of, or more than fifty percent (50%) of the Equity Interests in, a
Person or division or line of business of a Person if, at the time of and
immediately after giving effect thereto, (i) no Default has occurred and is
continuing or would arise after giving effect thereto, (ii) such Person or division
or line of business is engaged in a type of business that complies with the
requirements of the last sentence of Section 6.03 of the Credit Agreement,
(iii) the Total Leverage Ratio shall not exceed the Applicable Acquisition Ratio and
the Fixed Charge Coverage Ratio shall not be less than 1.25 to 1.00, in each case
determined on a pro forma basis reasonably acceptable to the Administrative Agent
after giving effect to such acquisition, recomputed as of the last day of the most
recently ended Fiscal Quarter of Insight for which financial statements are
available, as if such acquisition (and any related incurrence or repayment of
Indebtedness, with any new Indebtedness being deemed to be amortized over the
applicable testing period in accordance with its terms) had occurred on the first
day of each relevant period for testing such compliance and (iv) Insight shall have
delivered a Compliance Certificate (as defined in the Credit Agreement) not less
than fifteen (15) days (or such shorter period as the Administrative Agent shall
agree) prior to the consummation of such acquisition demonstrating compliance with
the foregoing clause (iii) and setting forth the Material Subsidiaries (as
defined in the Credit Agreement) after giving effect to such acquisition.

1.36 The definition of “Purchase Limit” set forth in Exhibit I to the Receivables
Purchase Agreement is amended and restated in its entirety as follows:

“Purchase Limit” means, (a) at all times prior to December 17, 2008,
$225,000,000 and (b) from and after December 17, 2008, $150,000,000.

 

9

 

1.37 The definition of “Receivable” set forth in Exhibit I to the Receivables Purchase
Agreement is amended by adding the phrase “or Government Contract Sale Receivables” to the end of
the first parenthetical phrase therein.

1.38 The definitions of “Spectrum”, “Spectrum Acquisition” and “Spectrum
Acquisition Agreement” set forth in Exhibit I to the Receivables Purchase Agreement are deleted
in their entirety.

1.39 The definition of “Subsidiary” set forth in Exhibit I to the Receivables Purchase
Agreement is amended to delete therefrom the phrase “Spectrum Acquisition” and to substitute
therefor the phrase “Calence Acquisition”.

1.40 The definition of “Total Leverage Ratio” set forth in Exhibit I to the
Receivables Purchase Agreement is amended to delete therefrom the phrase “as of the end of any
Fiscal Quarter” and to substitute the phrase “as of the last day of any Fiscal Quarter” therefor.

1.41 The definition of “Weekly Reporting Period” set forth in Exhibit I to the
Receivables Purchase Agreement is deleted therefrom in its entirety.

1.42 Exhibit I to the Receivables Purchase Agreement is amended by inserting the following
definitions in alphabetical order therein:

“Applicable Acquisition Ratio” means the following Total Leverage Ratios for the
following periods:

	 	 	 
	Period	 	Total Leverage Ratio
	 
	April 1, 2008 through September 30, 2009
	 	2.50 to 1.00
	 	 	 
	October 1, 2009 through September 30, 2010
	 	2.25 to 1.00
	 	 	 
	October 1, 2010 and thereafter
	 	2.00 to 1.00

“Asset Coverage Ratio” means, as of the last day of any Fiscal Quarter
of Insight, the ratio of (i) the aggregate total book value of Insight’s and its
Subsidiaries’ Receivables and inventory (including, without limitation, Receivables
and inventory subject to Permitted Receivables Facilities, Vendor Trade Programs and
the Floorplan Loan Documents) as of such date to (ii) the aggregate principal amount
of Indebtedness or other obligations outstanding under the Loan Documents, all
Permitted Receivables Facilities, the Floorplan Credit Agreement and all Vendor Trade
Programs as of such date.

“Calence” means Calence, LLC, a Delaware limited liability company.

 

10

 

“Calence Acquisition” means the direct or indirect acquisition by
Insight of all of the issued and outstanding Equity Interests of Calence on the
terms and conditions set forth in the Calence Acquisition Agreement.

“Calence Acquisition Agreement” means that certain Agreement and Plan
of Merger, dated as of January 24, 2008, among Insight, Insight Networking Services,
LLC and Calence, as amended, restated, supplemented or otherwise modified from time
to time.

“Floorplan Collateral Agent” means Wells Fargo Foothill, LLC, in its
capacity as collateral agent under the Floorplan Credit Agreement.

“Floorplan Credit Agreement” means the Credit Agreement, dated as of
September 17, 2008, by and among Insight Public Sector, Inc., Insight Direct USA,
Inc., Calence, the lenders party thereto from time to time, Castle Pines Capital
LLC, as an administrative agent, Wells Fargo Foothill, LLC, as an administrative
agent, and the Floorplan Collateral Agent, as amended, restated, supplemented or
otherwise modified from time to time.

“Floorplan Loan Documents” has the meaning set forth in the Credit
Agreement.

“Governmental Authority” means the government of the United States of
America, the Netherlands, the United Kingdom, any other nation or any political
subdivision thereof, whether state or local, and any agency, authority,
instrumentality, regulatory body, court, central bank or other entity exercising
executive, legislative, judicial, taxing, regulatory or administrative powers or
functions of or pertaining to government, including, without limitation, the
European Union.

“Government Contract Payment” has the meaning set forth in the
definition of “Government Contract Payment Sale”.

“Government Contract Payment Obligor” has the meaning set forth in the
definition of “Government Contract Payment Sale”.

“Government Contract Payment Purchaser” has the meaning set forth in
the definition of “Government Contract Payment Sale”.

“Government Contract Payment Sale” means a transaction in which (a) an
Originator enters into a lease or software licensing agreement with a U.S. state or
federal Governmental Authority (a “Government Contract Payment Obligor”)
pursuant to which (i) such Originator will lease certain equipment or license
certain software to such Government Contract Payment Obligor and (ii) such
Governmental Authority is obligated to make a series of payments to such Originator
during the term of such lease or software license (each such payment, a
“Government Contract Payment”), (ii) such Originator pays the related vendor
in full for the related equipment or software on the date such transaction is
consummated, (iii) such Originator sells such Government Contract Payments (and, in
the case of a lease, the related lease equipment) to a third-party (a
“Government Contract Payment Purchaser”) on such date and (iv) such
Originator administers and services such Government Contract Payments for such
Government Contract Payment Purchaser during the term of such lease or software
license; provided, that after the date of such transaction the sole payment
obligation of such Originator in connection with such transaction shall be to pay to
such Government Payment Purchaser all related Government Contract Payments actually
received by such Originator.

 

11

 

“Government Contract Sale Receivable” means any indebtedness or
obligation owed by a Government Contract Payment Obligor in connection with a
Government Contract Payment Sale.

“Information Memorandum” has the meaning set forth in the Credit
Agreement.

“Loan Documents” has the meaning set forth in the Credit Agreement.

“Loan Party” has the meaning set forth in the Credit Agreement.

“Permitted Receivables Facilities” has the meaning set forth in the
Credit Agreement.

“Vendor Trade Programs” means those certain inventory finance
transactions from time to time entered into by Insight or its Affiliates with IBM
Credit Corporation or its Affiliates, Hewlett Packard Corporation or its Affiliates
or any other Person reasonably acceptable to the Administrative Agent.

1.43 Schedule A to the Receivables Purchase Agreement is amended and restated in the form
attached as Schedule A hereto.

SECTION 2. Conditions Precedent. This Agreement shall become effective as of the
close of business on the date first above written, subject to the satisfaction of the conditions
precedent that the Agent shall have received (i) counterparts of this Agreement, executed by each
of the parties hereto; (ii) a Reaffirmation of Performance Undertaking in the form attached hereto,
executed by Insight; and (iii) counterparts of the Second Amended and Restated Fee Letter, dated as
of the date hereof among the Seller, the Agent and JS Trust (the “Fee Letter”), executed by
each of the parties thereto.

SECTION 3. Representations and Warranties. Each of the Seller and the Servicer hereby
represents and warrants that (i) this Agreement constitutes its legal, valid and binding
obligation, enforceable against such party in accordance with its terms, except as enforceability
may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws
affecting the enforcement of creditors’ rights generally and by general equitable principles
(whether enforcement is sought by proceedings in equity or at law) and the implied covenants of
good faith and fair dealing; and (ii) after giving effect to this Agreement, the representations
and warranties of each such party, respectively, set forth in Article V of the
Receivables Purchase Agreement are true and correct in all material respects with the same
effect as if made on the date hereof, except to the extent such representations and warranties
expressly relate to an earlier date. The Seller further represents and warrants that before and
after giving effect to this Agreement, no event has occurred and is continuing that constitutes an
Amortization Event or a Potential Amortization Event.

 

12

 

SECTION 4. Reference to and Effect on the Receivables Purchase Agreement.

4.1 Upon the effectiveness of this Agreement, (i) each reference in the Receivables Purchase
Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import shall mean
and be a reference to the Receivables Purchase Agreement, as amended hereby, and (ii) each
reference to the Receivables Purchase Agreement in any other Transaction Document or any other
document, instrument or agreement executed and/or delivered in connection therewith, shall mean and
be a reference to the Receivables Purchase Agreement as amended hereby.

4.2 Except as specifically amended hereby, the terms and conditions of the Receivables
Purchase Agreement, of all other Transaction Documents and any other documents, instruments and
agreements executed and/or delivered in connection therewith, shall remain in full force and effect
and are hereby ratified and confirmed.

4.3 The execution, delivery and effectiveness of this Agreement shall not operate as a waiver
of any right, power or remedy of the Agent or JS Trust under the Receivables Purchase Agreement or
any other Transaction Document or any other document, instrument or agreement executed in
connection therewith, nor constitute a waiver of any provision contained therein, in each case
except as specifically set forth herein.

SECTION 5. Costs and Expenses. The Seller agrees to pay on demand all reasonable
costs and expenses of the Agent, JS Trust and the Financial Institutions in connection with the
preparation, execution and delivery of this Agreement and the other instruments and documents to be
delivered in connection herewith, including, without limitation, the reasonable fees and
out-of-pocket expenses of counsel for the Agent, JS Trust and the Financial Institutions with
respect thereto and with respect to advising the Agent, JS Trust and the Financial Institutions as
to their respective rights and responsibilities hereunder and thereunder.

SECTION 6. Execution in Counterparts. This Agreement may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of which when so
executed and delivered shall be deemed to be an original and all of which taken together shall
constitute but one and the same instrument.

 

13

 

SECTION 7. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE INTERNAL LAWS (INCLUDING, BUT NOT LIMITED TO, 735 ILCS SECTION 105/5-1 ET
SEQ., BUT OTHERWISE WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS) OF THE STATE OF ILLINOIS.

SECTION 8. Section Titles. The section titles contained in this Agreement are and
shall be without substance, meaning or content of any kind whatsoever and are not a part of the
agreement between the parties hereto.

[Signature pages follow]

 

14

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their
respective officers thereunto duly authorized as of the date first above written.

	 	 	 	 	 
	 	INSIGHT RECEIVABLES, LLC

 	 
	 	By:  	Insight Receivables Holding, LLC,
 as its Sole Member
 	 
	 	 	 
	 	By:  	                  /s/  Helen Johnson
 	 
	 	 	Name:  	Helen Johnson 	 
	 	 	Title:  	Treasurer 	 
	 
	 	INSIGHT ENTERPRISES, INC.

 	 
	 	By:  	/s/  Helen Johnson
 	 
	 	 	Name:  	Helen Johnson 	 
	 	 	Title:  	Treasurer 	 

Signature Page to

Amendment No. 9 to Receivables Purchase Agreement

 

 

 

	 	 	 	 	 
	 	JS SILOED TRUST

 	 
	 	By:  	JPMorgan Chase Bank, N.A.,
as administrative trustee
 	 
	 	 	 
	 	By:  	                   /s/ Adam Klimek
 	 
	 	 	Name:  	Adam Klimek 	 
	 	 	Title:  	Vice President 	 

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A.

(successor by merger to Bank One, NA (Main Office Chicago)), as a Financial Institution and as Agent

 	 
	 	By:  	/s/ Adam Klimek
 	 
	 	 	Name:  	Adam Klimek 	 
	 	 	Title:  	Vice President 	 

Signature Page to

Amendment No. 9 to Receivables Purchase Agreement

 

 

 

REAFFIRMATION OF PERFORMANCE UNDERTAKING

Reference is hereby made to that certain Amended and Restated Performance Undertaking, dated
as of September 3, 2003 (as amended, restated, supplemented or otherwise modified from time to
time, the “Undertaking”), executed by Insight Enterprises, Inc., a Delaware corporation
(the “Performance Undertaker”), in favor of JPMorgan Chase Bank, N.A. (successor by merger
to Bank One, NA (Main Office Chicago)) (“JPMorgan”), as Agent (the “Agent”).
Capitalized terms used and not otherwise defined herein shall have the meanings set forth in the
Undertaking.

The Performance Undertaker hereby:

(i) acknowledges receipt of that certain Amendment No. 9, dated as of the date hereof (the
“Agreement”), to the Receivables Purchase Agreement dated as of December 31, 2002, by and
among Insight Receivables, LLC, as Seller, Insight Enterprises, Inc., as Servicer, JPMorgan, as a
Financial Institution and as Agent, and JS Siloed Trust;

(ii) reaffirms all of its obligations under the Undertaking in favor of the Agent, for the
benefit of itself and the Purchasers; and

(iii) acknowledges and agrees that (A) the Undertaking remains in full force and effect
notwithstanding the Agreement and (B) the Undertaking is hereby ratified and confirmed.

[Remainder of page intentionally blank.]

 

 

 

Date: September 17, 2008

	 	 	 	 	 
	 	INSIGHT ENTERPRISES, INC.

 	 
	 	By:  	/s/  Helen Johnson
 	 
	 	 	Name:  	Helen Johnson 	 
	 	 	Title:  	Treasurer 	 

Signature Page to

Reaffirmation of Performance Undertaking

 

 

 

SCHEDULE A

COMMITMENTS OF FINANCIAL INSTITUTIONS

	 	 	 
	Financial Institution	 	Back-Up Commitment
	 
	JPMorgan Chase Bank, N.A. (successor
by merger to JPMorgan, NA (Main
Office Chicago))

	 	(a) At all times prior to December
17, 2008, $225,000,000 and (b) from
and after December 17, 2008,
$150,000,000.

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