Document:

Form of Amendment to Stock Option Agreement for Meade and Benbenek

 Exhibit 10.1 
 Andrea D. Meade 
 3 East Cleveland Bay Court 
 Greenville, SC 29615 
 SCANSOURCE, INC.  
 AMENDMENT TO STOCK OPTION AGREEMENTS AND 
 PROMISE TO MAKE CASH PAYMENT 

 November 6, 2007 
 Dear Andrea, 

ScanSource, Inc., a South Carolina corporation (“ScanSource”) has determined that certain of your stock options were granted,
for accounting purposes, with an exercise price that is less than the fair market value of the ScanSource common stock subject to such options on the applicable “measurement date” (which is not necessarily the same as the
“grant date” set forth on your option agreement). As a result, these stock options will be subject to potentially adverse personal tax consequences under Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as
amended. 
 In order to address the potentially adverse personal tax consequences that may apply to certain of your options under
Section 409A, ScanSource is offering to amend the exercise price of your eligible options (as identified on the schedule on the last page of this agreement) (the “Eligible Options”) to increase the exercise price of the
Eligible Portion(s) (as defined below) to the fair market value of the common stock on the date that was determined to be the measurement date for accounting purposes for such options (the “Corrected Exercise Price”). Such options
will be amended as of the date of this agreement. These Eligible Options, if already vested or once vested in accordance with the terms of grant, are exercisable at the amended exercise price as listed on the schedule on the last page of this
agreement. 
 Only certain portions of your Eligible Options will be amended. The portion of an Eligible Option that will be amended has both
of the following characteristics (the “Eligible Portion”): 
  

	 	•	 	 the portion of the Eligible Option that vested after, or is scheduled to vest after, December 31, 2004; and 

  

	 	•	 	 the portion of the Eligible Option that is still outstanding and unexercised as of the date of this agreement. 

 Please note that the portions of Eligible Options that (A) are considered “Grandfathered Options” (defined below), (B) have already
been exercised, (C) have expired or otherwise been cancelled or (D) are beneficially owned by someone other than you, will not be amended. A “Grandfathered Option” is the portion of an Eligible Option that was vested as of
December 31, 2004, and as a result are exempt from the adverse personal tax treatment under Section 409A and therefore do not need to be amended. Any amendment of the Eligible Portions of your Eligible Options will not affect the remaining
portions of your Eligible Options. 
 In exchange for your agreement to amend your outstanding Eligible Options to raise the exercise price
as indicated on the schedule on the last page of this agreement, ScanSource hereby promises to pay you a special cash payment in the amount described on the schedule on the last page of this agreement (the “Make Whole Payment”). The
Make Whole Payment is an amount equal to the difference between the Corrected Exercise Price per share of your Eligible Options and the original exercise price per share of your Eligible Options multiplied by the number of shares subject to the
Eligible Portions of your Eligible Options. Your Make Whole Payment will be paid, less applicable tax withholding, promptly on or before your first regular payroll date in January 2008. This payment is not subject to vesting or forfeiture.

 This payment will be “grossed up” to reimburse you for Medicare tax obligations arising from such payments. 

 This agreement acts as an amendment to each of your Eligible Options. Each Eligible Option that is
amended pursuant to this agreement will have the same material terms and conditions as it did prior to the amendment, including the same vesting schedule and expiration date, except that the Eligible Portions of the Eligible Options will have a new
exercise price. To the extent not amended by this agreement, your Eligible Options will continue to be subject to the terms and conditions of the 1997 Stock Incentive Plan, as amended, or the Amended and Restated 2002 Long-Term Incentive Plan, as
amended, as applicable under which the original options were granted. 
 By signing my name on the last page hereto, I understand and agree
to all of the following: 
 1. I hereby consent to the amendment by ScanSource to amend my Eligible Options in accordance with the
terms set forth in this agreement. My Eligible Options consist of the portions of the options granted to me under ScanSource, Inc.’s 1997 Stock Incentive Plan, as amended, or the Amended and Restated 2002 Long-Term Incentive Plan, as
amended, that have the grant dates and exercise prices per share listed on the schedule on the last page of this agreement and that (i) were unvested as of December 31, 2004 and (ii) will be outstanding and unexercised as of the date
of this agreement. My Eligible Options will be amended as of the date of this agreement to have an adjusted exercise price per share listed on the schedule on the last page of this agreement. Except for such adjusted exercise price, all the terms
and provisions of my amended Eligible Options will be the same as in effect immediately before the amendment. 
 2. I will also receive the
Make Whole Payment as listed on the schedule on the last page of this agreement. This Make Whole Payment, less any applicable tax withholdings, will be made on or before my first regular payroll date following January 1, 2008. This payment will
be “grossed up” to reimburse me for Medicare tax obligations arising from such payments. 
 3. My consent hereto will constitute my
acceptance of all of the terms and conditions of this agreement and this agreement will constitute a binding agreement between ScanSource and me. 
 4. I am the registered holder of the Eligible Options amended hereby, and my name and other information appearing on page 1 and the last page of this agreement are true and correct. 
 5. ScanSource cannot give me legal, tax or investment advice with respect to my Eligible Options and has advised me to consult with my own legal,
tax and investment advisors as to the consequences of amending or not amending my Eligible Options. 
 6. I understand that neither
ScanSource nor the board of directors of ScanSource is making any recommendation as to whether I should consent to this amendment of my Eligible Options, and that I must make my own decision whether to consent to this amendment of my
Eligible Options, taking into account my own personal circumstances and preferences. 
 This agreement reflects the entire agreement between
you and ScanSource with respect to this transaction. This agreement may be amended only by means of a writing signed by you and an authorized officer of ScanSource. 
  

 - 2 - 

 ScanSource, Inc. 
 Schedule of Amended Options and Cash Payments 
 The following is the schedule of your
amended options: 
  

																			
	 Grant Date
	  	Total Number of
Shares Originally
Granted under
the
Option	  	Total Number of
Shares Outstanding
under the Option as
of November 7, 2007	  	Number of Shares
Subject to Eligible
Portion of the
Eligible Options	  	Original Exercise
Price Per Share	  	Adjusted Exercise
Price Per Share
if
Amended	  	Difference between
Original Exercise
Price and Adjusted
Exercise Price	  	Potential Make
Whole Cash
Payment if
Amended
	 1/2/2003
	  	6,000	  	2,000	  	2,000	  	$	12.68	  	$	14.16	  	$	1.48	  	$	2,960.00
	 1/2/2004
	  	4,400	  	4,400	  	4,400	  	$	23.06	  	$	24.73	  	$	1.67	  	$	7,348.00
	 1/5/2005
	  	92	  	92	  	92	  	$	29.70	  	$	33.92	  	$	4.22	  	$	388.24
	 1/5/2005
	  	4,308	  	4,308	  	4,308	  	$	29.70	  	$	33.92	  	$	4.22	  	$	18,179.76
	 1/5/2006
	  	644	  	644	  	644	  	$	27.48	  	$	29.44	  	$	1.96	  	$	1,262.24
	 1/5/2006
	  	3,756	  	3,756	  	3,756	  	$	27.48	  	$	29.44	  	$	1.96	  	$	7,361.76

  

			
	 SCANSOURCE, INC.

		
	By:	 	 /s/ John J. Ellsworth

	Name:	 	John J. Ellsworth
	Title:	 	General Counsel & Corporate Secretary

  

	
	ACCEPTED BY:
	
	 /s/ Andrea D. Meade

	[                    ]

  

	*	This amount does not include an additional “gross up” amount that will be paid to you to reimburse you for Medicare tax obligations arising from such payment.

  

 - 3 - 

 R. Scott Benbenek 
 308 Shadowbrooke Court 
 Simpsonville, SC 29681 
 SCANSOURCE, INC.  
 AMENDMENT TO STOCK OPTION AGREEMENTS AND 
 PROMISE TO MAKE CASH PAYMENT 
 November 6, 2007

 Dear Scott, 
 ScanSource,
Inc., a South Carolina corporation (“ScanSource”) has determined that certain of your stock options were granted, for accounting purposes, with an exercise price that is less than the fair market value of the ScanSource
common stock subject to such options on the applicable “measurement date” (which is not necessarily the same as the “grant date” set forth on your option agreement). As a result, these stock options will be subject to potentially
adverse personal tax consequences under Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as amended. 
 In
order to address the potentially adverse personal tax consequences that may apply to certain of your options under Section 409A, ScanSource is offering to amend the exercise price of your eligible options (as identified on the schedule
on the last page of this agreement) (the “Eligible Options”) to increase the exercise price of the Eligible Portion(s) (as defined below) to the fair market value of the common stock on the date that was determined to be the
measurement date for accounting purposes for such options (the “Corrected Exercise Price”). Such options will be amended as of the date of this agreement. These Eligible Options, if already vested or once vested in accordance with the
terms of grant, are exercisable at the amended exercise price as listed on the schedule on the last page of this agreement. 
 Only certain
portions of your Eligible Options will be amended. The portion of an Eligible Option that will be amended has both of the following characteristics (the “Eligible Portion”): 
  

	 	•	 	 the portion of the Eligible Option that vested after, or is scheduled to vest after, December 31, 2004; and 

  

	 	•	 	 the portion of the Eligible Option that is still outstanding and unexercised as of the date of this agreement. 

 Please note that the portions of Eligible Options that (A) are considered “Grandfathered Options” (defined below), (B) have already
been exercised, (C) have expired or otherwise been cancelled or (D) are beneficially owned by someone other than you, will not be amended. A “Grandfathered Option” is the portion of an Eligible Option that was vested as of
December 31, 2004, and as a result are exempt from the adverse personal tax treatment under Section 409A and therefore do not need to be amended. Any amendment of the Eligible Portions of your Eligible Options will not affect the remaining
portions of your Eligible Options. 
 In exchange for your agreement to amend your outstanding Eligible Options to raise the exercise price
as indicated on the schedule on the last page of this agreement, ScanSource hereby promises to pay you a special cash payment in the amount described on the schedule on the last page of this agreement (the “Make Whole Payment”). The
Make Whole Payment is an amount equal to the difference between the Corrected Exercise Price per share of your Eligible Options and the original exercise price per share of your Eligible Options multiplied by the number of shares subject to the
Eligible Portions of your Eligible Options. Your Make Whole Payment will be paid, less applicable tax withholding, promptly on or before your first regular payroll date in January 2008. This payment is not subject to vesting or forfeiture.

 This payment will be “grossed up” to reimburse you for Medicare tax obligations arising from such payments. 

 This agreement acts as an amendment to each of your Eligible Options. Each Eligible Option that is
amended pursuant to this agreement will have the same material terms and conditions as it did prior to the amendment, including the same vesting schedule and expiration date, except that the Eligible Portions of the Eligible Options will have a new
exercise price. To the extent not amended by this agreement, your Eligible Options will continue to be subject to the terms and conditions of the 1997 Stock Incentive Plan, as amended, or the Amended and Restated 2002 Long-Term Incentive Plan, as
amended, as applicable under which the original options were granted. 
 By signing my name on the last page hereto, I understand and agree
to all of the following: 
 1. I hereby consent to the amendment by ScanSource to amend my Eligible Options in accordance with the
terms set forth in this agreement. My Eligible Options consist of the portions of the options granted to me under ScanSource, Inc.’s 1997 Stock Incentive Plan, as amended, or the Amended and Restated 2002 Long-Term Incentive Plan, as
amended, that have the grant dates and exercise prices per share listed on the schedule on the last page of this agreement and that (i) were unvested as of December 31, 2004 and (ii) will be outstanding and unexercised as of the date
of this agreement. My Eligible Options will be amended as of the date of this agreement to have an adjusted exercise price per share listed on the schedule on the last page of this agreement. Except for such adjusted exercise price, all the terms
and provisions of my amended Eligible Options will be the same as in effect immediately before the amendment. 
 2. I will also receive the
Make Whole Payment as listed on the schedule on the last page of this agreement. This Make Whole Payment, less any applicable tax withholdings, will be made on or before my first regular payroll date following January 1, 2008. This payment will
be “grossed up” to reimburse me for Medicare tax obligations arising from such payments. 
 3. My consent hereto will constitute my
acceptance of all of the terms and conditions of this agreement and this agreement will constitute a binding agreement between ScanSource and me. 
 4. I am the registered holder of the Eligible Options amended hereby, and my name and other information appearing on page 1 and the last page of this agreement are true and correct. 
 5. ScanSource cannot give me legal, tax or investment advice with respect to my Eligible Options and has advised me to consult with my own legal,
tax and investment advisors as to the consequences of amending or not amending my Eligible Options. 
 6. I understand that neither
ScanSource nor the board of directors of ScanSource is making any recommendation as to whether I should consent to this amendment of my Eligible Options, and that I must make my own decision whether to consent to this amendment of my
Eligible Options, taking into account my own personal circumstances and preferences. 
 This agreement reflects the entire agreement between
you and ScanSource with respect to this transaction. This agreement may be amended only by means of a writing signed by you and an authorized officer of ScanSource. 
  

 - 2 - 

 ScanSource, Inc. 
 Schedule of Amended Options and Cash Payments 
 The following is the schedule of your
amended options: 
  

																			
	 Grant Date
	  	Total Number of
Shares Originally
Granted under
the Option	  	Total Number of
Shares Outstanding
under the Option as of
November 7, 2007	  	Number of Shares
Subject to Eligible
Portion of the
Eligible Options	  	Original Exercise
Price Per Share	  	Adjusted Exercise
Price Per Share
if Amended	  	Difference between
Original Exercise
Price and Adjusted
Exercise Price	  	Potential Make
Whole Cash
Payment if
Amended
	 1/2/2003
	  	12,000	  	12,000	  	8,000	  	$	12.68	  	$	14.16	  	$	1.48	  	$	11,840.00
	 1/2/2004
	  	6,000	  	6,000	  	6,000	  	$	23.06	  	$	24.73	  	$	1.67	  	$	10,020.00
	 1/5/2005
	  	2,080	  	2,080	  	2,080	  	$	29.70	  	$	33.92	  	$	4.22	  	$	8,777.60
	 1/5/2005
	  	3,920	  	3,920	  	3,920	  	$	29.70	  	$	33.92	  	$	4.22	  	$	16,542.40
	 1/5/2006
	  	3,860	  	3,860	  	3,860	  	$	27.48	  	$	29.44	  	$	1.96	  	$	7,565.60
	 1/5/2006
	  	4,140	  	4,140	  	4,140	  	$	27.48	  	$	29.44	  	$	1.96	  	$	8,114.40

  

			
	 SCANSOURCE, INC.

		
	By:	 	 /s/ John J. Ellsworth

	Name:	 	John J. Ellsworth
	Title:	 	General Counsel & Corporate Secretary

  

	
	ACCEPTED BY:
	
	 /s/ Scott Benbenek 

	[                    ]

  

	*	This amount does not include an additional “gross up” amount that will be paid to you to reimburse you for Medicare tax obligations arising from such payment.

  

 - 3 -Amendment to Stock Option Agreement for Cleys and McClain

 Exhibit 10.2 
 Mr. Richard Cleys 
 Peters Creek Court 
 Simpsonville, SC 29681 
 SCANSOURCE, INC.  
 AMENDMENT TO STOCK OPTION AGREEMENTS AND 
 PROMISE TO MAKE CASH PAYMENT 
 November 6, 2007 
 Dear Rich, 
 ScanSource, Inc., a South Carolina corporation (“ScanSource”) has
determined that certain of your stock options were granted, for accounting purposes, with an exercise price that is less than the fair market value of the ScanSource common stock subject to such options on the applicable “measurement
date” (which is not necessarily the same as the “grant date” set forth on your option agreement). As a result, these stock options will be subject to potentially adverse personal tax consequences under Section 409A (“Section
409A”) of the Internal Revenue Code of 1986, as amended. 
 ScanSource is offering to amend the exercise price of your eligible
options (as identified on the schedule on the last page of this agreement) (the “Eligible Options”) to increase the exercise price of the Eligible Portion(s) (as defined below) to the fair market value of the common stock on the date
that was determined to be the measurement date for accounting purposes for such options (the “Corrected Exercise Price”) and, in conjunction therewith, to make certain cash payments to you as described below. Such options will be amended
as of the date of this agreement. These Eligible Options, if already vested or once vested in accordance with the terms of grant, are exercisable at the amended exercise price as listed on the schedule on the last page of this agreement. 

Only certain portions of your Eligible Options will be amended. The portion of an Eligible Option that will be amended has both of the following
characteristics (the “Eligible Portion”): 
  

	 	•	 	 the portion of the Eligible Option that vested after, or is scheduled to vest after, December 31, 2004; and 

  

	 	•	 	 the portion of the Eligible Option that is still outstanding and unexercised as of the date of this agreement. 

 Please note that the portions of Eligible Options that (A) are considered “Grandfathered Options” (defined below), (B) have already
been exercised, (C) have expired or otherwise been cancelled or (D) are beneficially owned by someone other than you, will not be amended. A “Grandfathered Option” is the portion of an Eligible Option that was vested as of
December 31, 2004. Any amendment of the Eligible Portions of your Eligible Options will not affect the remaining portions of your Eligible Options. 
 In exchange for your agreement to amend your outstanding Eligible Options to raise the exercise price as indicated on the schedule on the last page of this agreement, ScanSource hereby promises to pay you:

 A. A special cash payment in the amount described on the schedule on the last page of this agreement (the “Make Whole Payment”).
The Make Whole Payment is an amount equal to the difference between the Corrected Exercise Price per share of your Eligible Options and the original exercise price per share of your Eligible Options multiplied by the number of shares subject to the
Eligible Portions of your Eligible Options. Your Make Whole Payment will be paid, less applicable tax withholding, promptly on or before your first regular payroll date in January 2008. This payment is not subject to vesting or forfeiture.

 B. Additional amounts to make you whole with respect to any penalty incurred by you under Section 409A with respect to such options
(including in future periods), less applicable tax withholding. 
  

 The payment referenced in A. and B. above will be “grossed up” to reimburse you for Medicare tax obligations
arising from such payments. The payment referenced in B. will also be “grossed up” to reimburse you for federal and state income tax obligations arising from such payments. 
 This agreement acts as an amendment to each of your Eligible Options. Each Eligible Option that is amended pursuant to this agreement will have the same
material terms and conditions as it did prior to the amendment, including the same vesting schedule and expiration date, except that the Eligible Portions of the Eligible Options will have a new exercise price. To the extent not amended by this
agreement, your Eligible Options will continue to be subject to the terms and conditions of the 1997 Stock Incentive Plan, as amended, or the Amended and Restated 2002 Long-Term Incentive Plan, as amended, as applicable under which the original
options were granted. 
 By signing my name on the last page hereto, I understand and agree to all of the following: 
 1. I hereby consent to the amendment by ScanSource to amend my Eligible Options in accordance with the terms set forth in this agreement. My
Eligible Options consist of the portions of the options granted to me under ScanSource, Inc.’s 1997 Stock Incentive Plan, as amended, or the Amended and Restated 2002 Long-Term Incentive Plan, as amended, that have the grant dates and
exercise prices per share listed on the schedule on the last page of this agreement and that (i) were unvested as of December 31, 2004 and (ii) will be outstanding and unexercised as of the date of this agreement. My Eligible Options
will be amended as of the date of this agreement to have an adjusted exercise price per share listed on the schedule on the last page of this agreement. Except for such adjusted exercise price, all the terms and provisions of my amended Eligible
Options will be the same as in effect immediately before the amendment. 
 2. I will also receive (A) the Make Whole Payment as listed
on the schedule on the last page of this agreement. This Make Whole Payment, less any applicable tax withholdings, will be made on or before my first regular payroll date following January 1, 2008, and (B) additional amounts to make me
whole with respect to any penalty incurred by me under Section 409A with respect to such options (including in future periods), less applicable tax withholding. The amounts referenced in (A) and (B) will be “grossed up” to
reimburse Medicare tax obligations arising from such payments. The amount referenced to in (B) will also be “grossed up” to reimburse me for federal and state income tax obligations arising from such payments. 
 3. My consent hereto will constitute my acceptance of all of the terms and conditions of this agreement and this agreement will constitute a binding
agreement between ScanSource and me. 
 4. I am the registered holder of the Eligible Options amended hereby, and my name and other
information appearing on page 1 and the last page of this agreement are true and correct. 
 5. ScanSource cannot give me legal, tax
or investment advice with respect to my Eligible Options and has advised me to consult with my own legal, tax and investment advisors as to the consequences of amending or not amending my Eligible Options. 
 6. I understand that neither ScanSource nor the board of directors of ScanSource is making any recommendation as to whether I should
consent to this amendment of my Eligible Options, and that I must make my own decision whether to consent to this amendment of my Eligible Options, taking into account my own personal circumstances and preferences. 
 This agreement reflects the entire agreement between you and ScanSource with respect to this transaction. This agreement may be amended only by
means of a writing signed by you and an authorized officer of ScanSource. 
  

 - 2 - 

 ScanSource, Inc. 
 Schedule of Amended Options and Cash Payments 
 The following is the schedule of your
amended options: 
  

																			
	 Grant Date
	 	Total Number of
Shares Originally
Granted
under
the Option	 	Total Number of
Shares Outstanding
under the Option as of
November 7,
2007	 	Number of Shares
Subject to Eligible
Portion of the
Eligible Options	 	Original Exercise
Price Per Share	 	Adjusted Exercise
Price Per Share
if
Amended	 	Difference between
Original Exercise
Price and Adjusted
Exercise Price	 	Potential Make
Whole Cash
Payment if
Amended
	 1/2/2004
	 	6,326	 	6,326	 	6,326	 	$	23.06	 	$	23.33	 	$	0.27	 	$	1,708.02
	 1/2/2004
	 	8,674	 	8,674	 	8,674	 	$	23.06	 	$	23.33	 	$	0.27	 	$	2,341.98
	 1/5/2005
	 	6,664	 	6,664	 	6,664	 	$	29.70	 	$	33.92	 	$	4.22	 	$	28,122.08
	 1/5/2005
	 	3,336	 	3,336	 	3,336	 	$	29.70	 	$	33.92	 	$	4.22	 	$	14,077.92
	 1/5/2006
	 	5,300	 	5,300	 	5,300	 	$	27.48	 	$	29.44	 	$	1.96	 	$	10,388.00
	 1/5/2006
	 	2,700	 	2,700	 	2,700	 	$	27.48	 	$	29.44	 	$	1.96	 	$	5,292.00

  

			
	SCANSOURCE, INC.
		
	By:	 	 /s/ John J. Ellsworth

	Name:	 	John J. Ellsworth
	Title:	 	General Counsel & Corporate Secretary
	
	ACCEPTED BY:
	
	 /s/ Richard P. Cleys

	[                    ]

  

	*	The amount reflected does not include an additional “gross-up” amount that will be paid to you to reimburse you for Medicare tax obligations arising from such payment. It
also does not reflect any payment to you to make you whole with respect to any penalty incurred by you under Section 409A with respect to such options (and related “gross-up” amounts therefor). 

  

 - 3 - 

 Mr. Bobby McLain 
 2 Riva Ridge Way 
 Greenville, SC 29681 
 SCANSOURCE, INC.  
 AMENDMENT TO STOCK OPTION AGREEMENTS AND 
 PROMISE TO MAKE CASH PAYMENT 
 November 6, 2007

 Dear Bobby, 
 ScanSource,
Inc., a South Carolina corporation (“ScanSource”) has determined that certain of your stock options were granted, for accounting purposes, with an exercise price that is less than the fair market value of the ScanSource
common stock subject to such options on the applicable “measurement date” (which is not necessarily the same as the “grant date” set forth on your option agreement). As a result, these stock options will be subject to potentially
adverse personal tax consequences under Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as amended. 
 ScanSource is offering to amend the exercise price of your eligible options (as identified on the schedule on the last page of this agreement) (the “Eligible Options”) to increase the exercise price of the Eligible
Portion(s) (as defined below) to the fair market value of the common stock on the date that was determined to be the measurement date for accounting purposes for such options (the “Corrected Exercise Price”) and, in conjunction
therewith, to make certain cash payments to you as described below. Such options will be amended as of the date of this agreement. These Eligible Options, if already vested or once vested in accordance with the terms of grant, are exercisable at the
amended exercise price as listed on the schedule on the last page of this agreement. 
 Only certain portions of your Eligible Options will
be amended. The portion of an Eligible Option that will be amended has both of the following characteristics (the “Eligible Portion”): 
  

	 	•	 	 the portion of the Eligible Option that vested after, or is scheduled to vest after, December 31, 2004; and 

  

	 	•	 	 the portion of the Eligible Option that is still outstanding and unexercised as of the date of this agreement. 

 Please note that the portions of Eligible Options that (A) are considered “Grandfathered Options” (defined below), (B) have already
been exercised, (C) have expired or otherwise been cancelled or (D) are beneficially owned by someone other than you, will not be amended. A “Grandfathered Option” is the portion of an Eligible Option that was vested as of
December 31, 2004. Any amendment of the Eligible Portions of your Eligible Options will not affect the remaining portions of your Eligible Options. 
 In exchange for your agreement to amend your outstanding Eligible Options to raise the exercise price as indicated on the schedule on the last page of this agreement, ScanSource hereby promises to pay you:

 A. A special cash payment in the amount described on the schedule on the last page of this agreement (the “Make Whole Payment”).
The Make Whole Payment is an amount equal to the difference between the Corrected Exercise Price per share of your Eligible Options and the original exercise price per share of your Eligible Options multiplied by the number of shares subject to the
Eligible Portions of your Eligible Options. Your Make Whole Payment will be paid, less applicable tax withholding, promptly on or before your first regular payroll date in January 2008. This payment is not subject to vesting or forfeiture.

 B. Additional amounts to make you whole with respect to any penalty incurred by you under Section 409A with respect to such options
(including in future periods), less applicable tax withholding. 

 The payment referenced in A. and B. above will be “grossed up” to reimburse you for Medicare tax obligations
arising from such payments. The payment referenced in B. will also be “grossed up” to reimburse you for federal and state income tax obligations arising from such payments. 
 This agreement acts as an amendment to each of your Eligible Options. Each Eligible Option that is amended pursuant to this agreement will have the same
material terms and conditions as it did prior to the amendment, including the same vesting schedule and expiration date, except that the Eligible Portions of the Eligible Options will have a new exercise price. To the extent not amended by this
agreement, your Eligible Options will continue to be subject to the terms and conditions of the 1997 Stock Incentive Plan, as amended, or the Amended and Restated 2002 Long-Term Incentive Plan, as amended, as applicable under which the original
options were granted. 
 By signing my name on the last page hereto, I understand and agree to all of the following: 
 1. I hereby consent to the amendment by ScanSource to amend my Eligible Options in accordance with the terms set forth in this agreement. My
Eligible Options consist of the portions of the options granted to me under ScanSource, Inc.’s 1997 Stock Incentive Plan, as amended, or the Amended and Restated 2002 Long-Term Incentive Plan, as amended, that have the grant dates and
exercise prices per share listed on the schedule on the last page of this agreement and that (i) were unvested as of December 31, 2004 and (ii) will be outstanding and unexercised as of the date of this agreement. My Eligible Options
will be amended as of the date of this agreement to have an adjusted exercise price per share listed on the schedule on the last page of this agreement. Except for such adjusted exercise price, all the terms and provisions of my amended Eligible
Options will be the same as in effect immediately before the amendment. 
 2. I will also receive (A) the Make Whole Payment as listed
on the schedule on the last page of this agreement. This Make Whole Payment, less any applicable tax withholdings, will be made on or before my first regular payroll date following January 1, 2008, and (B) additional amounts to make me
whole with respect to any penalty incurred by me under Section 409A with respect to such options (including in future periods), less applicable tax withholding. The amounts referenced in (A) and (B) will be “grossed up” to
reimburse Medicare tax obligations arising from such payments. The amount referenced to in (B) will also be “grossed up” to reimburse me for federal and state income tax obligations arising from such payments. 
 3. My consent hereto will constitute my acceptance of all of the terms and conditions of this agreement and this agreement will constitute a binding
agreement between ScanSource and me. 
 4. I am the registered holder of the Eligible Options amended hereby, and my name and other
information appearing on page 1 and the last page of this agreement are true and correct. 
 5. ScanSource cannot give me legal, tax
or investment advice with respect to my Eligible Options and has advised me to consult with my own legal, tax and investment advisors as to the consequences of amending or not amending my Eligible Options. 
 6. I understand that neither ScanSource nor the board of directors of ScanSource is making any recommendation as to whether I should
consent to this amendment of my Eligible Options, and that I must make my own decision whether to consent to this amendment of my Eligible Options, taking into account my own personal circumstances and preferences. 
 This agreement reflects the entire agreement between you and ScanSource with respect to this transaction. This agreement may be amended only by
means of a writing signed by you and an authorized officer of ScanSource. 
  

 - 2 - 

 ScanSource, Inc. 
 Schedule of Amended Options and Cash Payments 
 The following is the schedule of your
amended options: 
  

																
	 Grant Date
	  	Total Number
of Shares Originally
Granted under

the Option	  	Total Number
of
Shares Outstanding
under the Option as of
November 6, 2007	  	Number of Shares
Subject to Eligible
Portion of the
Eligible Options	  	Exercise Price
Per Share
Prior to
Amendment	  	Adjusted Exercise
Price Per Share
as Amended	  	Cash Make
Whole
Payment*
	 1/2/2004
	  	4,400	  	4,400	  	4,400	  	$	23.06	  	$	24.73	  	$	7,348.00
	 1/5/2005
	  	3,200	  	3,200	  	3,200	  	$	29.70	  	$	33.92	  	$	13,504.00
	 1/5/2006
	  	3,200	  	3,200	  	3,200	  	$	27.48	  	$	29.44	  	$	6,272.00

  

			
	SCANSOURCE, INC.
		
	By:	 	 /s/ John J. Ellsworth

	Name:	 	John J. Ellsworth
	Title:	 	General Counsel & Corporate Secretary
	
	ACCEPTED BY:
	
	 /s/ Robert S. McClain

	[                    ]

  

	*	The amount reflected does not include an additional “gross-up” amount that will be paid to you to reimburse you for Medicare tax obligations arising from such payment. It
also does not reflect any payment to you to make you whole with respect to any penalty incurred by you under Section 409A with respect to such options (and related “gross-up” amounts therefor). 

  

 - 3 -

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