Document:

Form of Indemnification Agreement

 Exhibit 10.6 
  
 INDEMNIFICATION AGREEMENT 
  
 This Indemnification Agreement (the “Agreement”), dated as of             , 2003,
between SYNNEX Corp, a Delaware corporation (the “Corporation”), and              (“Indemnitee”), 
  
 W I T N E S S E T H: 
  
 WHEREAS, Indemnitee is either a member of the board of directors of the Corporation (the “Board of Directors”) or an officer of the Corporation,
or both, and in such capacity or capacities, or otherwise as an Agent (as hereinafter defined) of the Corporation, is performing a valuable service for the Corporation; and 
  
 WHEREAS, Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the
Corporation on the condition that he or she be indemnified as herein provided; and 
  
 WHEREAS, it is intended that Indemnitee shall be paid promptly by the Corporation all amounts necessary to effectuate in full the indemnity provided herein: 
  
 NOW, THEREFORE, in consideration of the premises and the covenants in this
Agreement, and of Indemnitee continuing to serve the Corporation as an Agent and intending to be legally bound hereby, the parties hereto agree as follows: 
  
 1.    Services by Indemnitee. Indemnitee agrees to serve (a) as a director or an officer of the Corporation, or both, so long
as Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation and bylaws of the Corporation, and until such time as Indemnitee resigns or fails to stand for election or is
removed from Indemnitee’s position, or (b) otherwise as an Agent (as hereinafter defined) of the Corporation. Indemnitee may from time to time also perform other services at the request or for the convenience of, or otherwise benefiting the
Corporation. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Corporation shall have no obligation
under this Agreement to continue Indemnitee in any such position. 
  
 2.    Indemnification. Subject to the limitations set forth herein and in Section 6 hereof, the Corporation hereby agrees to indemnify Indemnitee as follows: 
  
 The Corporation shall, with respect to any Proceeding (as hereinafter
defined) associated with Indemnitee’s being an Agent of the Corporation, indemnify Indemnitee to the fullest extent permitted by applicable law and the Certificate of Incorporation of the Corporation in effect on the date hereof or as such law
or Certificate of Incorporation may from time to time be amended (but, in the case of any such amendment, only to the extent such amendment permits the Corporation to provide broader indemnification rights than the law or Certificate of
Incorporation permitted the Corporation to provide before such amendment). The right to indemnification conferred herein and in the Certificate of 
  

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 Incorporation shall be presumed to have been relied upon by Indemnitee in serving or continuing to serve the Corporation
as an Agent and shall be enforceable as a contract right. Without in any way diminishing the scope of the indemnification provided by this Section 2, the Corporation will indemnify Indemnitee to the full extent permitted by law if and wherever
Indemnitee is or was a party or is threatened to be made a party to any Proceeding, including any such Proceeding brought by or in the right of the Corporation, by reason of the fact that Indemnitee is or was an Agent or by reason of anything done
or not done by Indemnitee in such capacity, against Expenses (as hereinafter defined) and Liabilities (as hereinafter defined) actually and reasonably incurred by Indemnitee or on his or her behalf in connection with the investigation, defense,
settlement or appeal of such Proceeding. In addition to, and not as a limitation of, the foregoing, the rights of indemnification of Indemnitee provided under this Agreement shall include those rights set forth in Sections 3 and 8 below.
Notwithstanding the foregoing, the Corporation shall be required to indemnify Indemnitee in connection with a Proceeding commenced by Indemnitee (other than a Proceeding commenced by Indemnitee to enforce Indemnitee’s rights under this
Agreement) only if the commencement of such Proceeding was authorized by the Board of Directors. 
  
 3.    Advancement of Expenses; Letter of Credit. 
  
 (a)    Advancement of Expenses. All reasonable Expenses incurred by or on behalf of Indemnitee
(including costs of enforcement of this Agreement) shall be advanced from time to time by the Corporation to Indemnitee within thirty (30) days after the receipt by the Corporation of a written request for an advance of Expenses, whether prior to or
after final disposition of a Proceeding (except to the extent that there has been a Final Adverse Determination (as hereinafter defined) that Indemnitee is not entitled to be indemnified for such Expenses), including without limitation any
Proceeding brought by or in the right of the Corporation. The written request for an advancement of any and all expenses under this paragraph shall contain reasonable detail of the Expenses incurred by Indemnitee. In the event that such written
request shall be accompanied by an affidavit of counsel to Indemnitee to the effect that such counsel has reviewed such expenses and that such expenses are reasonable in such counsel’s view, then such expenses shall be deemed reasonable in the
absence of clear and convincing evidence to the contrary. By execution of this Agreement, Indemnitee shall be deemed to have made whatever undertaking may be required by law at the time of any advancement of Expenses with respect to repayment to the
Corporation of such Expenses. In the event that the Corporation shall breach its obligation to advance Expenses under this Section 3, the parties hereto agree that Indemnitee’s remedies available at law would not be adequate and that Indemnitee
would be entitled to specific performance. 
  
 (b)    Letter of Credit. In order to secure the obligations of the Corporation to indemnify and advance Expenses to Indemnitee pursuant to this Agreement, the Corporation shall obtain at the time of any Change in
Control (as hereinafter defined) an irrevocable standby letter of credit naming Indemnitee as the sole beneficiary (the “Letter of Credit”). The Letter of Credit shall be in an appropriate amount not less than one million dollars
($1,000,000), shall be issued by a commercial bank headquartered in the United States having assets in excess of $10 billion and capital according to its most recent published reports equal to or greater than the then applicable minimum capital
standards promulgated by such bank’s primary federal regulator and shall contain terms and conditions reasonably acceptable to 
  

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 Indemnitee. The Letter of Credit shall provide that Indemnitee may from time to time draw certain amounts thereunder,
upon written certification by Indemnitee to the issuer of the Letter of Credit that (i) Indemnitee has made written request upon the Corporation for an amount not less than the amount Indemnitee is drawing under the Letter of Credit and that the
Corporation has failed or refused to provide Indemnitee with such amount in full within thirty (30) days after receipt of the request, and (ii) Indemnitee believes that he or she is entitled under the terms of this Agreement to the amount that
Indemnitee is drawing upon under the Letter of Credit. The issuance of the Letter of Credit shall not in any way diminish the Corporation’s obligation to indemnify Indemnitee against Expenses and Liabilities to the full extent required by this
Agreement. 
  
 (c)    Term of Letter of
Credit. Once the Corporation has obtained the Letter of Credit, the Corporation shall maintain and renew the Letter of Credit or a substitute letter of credit meeting the criteria of Section 3(b) during the term of this Agreement so that the
Letter of Credit shall have an initial term of five (5) years, be renewed for successive five-year terms, and always have at least one (1) year of its term remaining. 
  
 4.    Presumptions and Effect of Certain Proceedings. Upon making a request for indemnification,
Indemnitee shall be presumed to be entitled to indemnification under this Agreement and the Corporation shall have the burden of proof to overcome that presumption in reaching any contrary determination. The termination of any Proceeding by
judgment, order, settlement, arbitration award or conviction, or upon a plea of nolo contendere or its equivalent shall not affect this presumption or, except as determined by a judgment or other final adjudication adverse to Indemnitee, establish a
presumption with regard to any factual matter relevant to determining Indemnitee’s rights to indemnification hereunder. If the person or persons so empowered to make a determination pursuant to Section 5 hereof shall have failed to make the
requested determination within ninety (90) days after any judgment, order, settlement, dismissal, arbitration award, conviction, acceptance of a plea of nolo contendere or its equivalent, or other disposition or partial disposition of any Proceeding
or any other event that could enable the Corporation to determine Indemnitee’s entitlement to indemnification, the requisite determination that Indemnitee is entitled to indemnification shall be deemed to have been made. 
  
 5.    Procedure for Determination of Entitlement to
Indemnification. 
  
 (a)    Whenever
Indemnitee believes that Indemnitee is entitled to indemnification pursuant to this Agreement, Indemnitee shall submit a written request for indemnification to the Corporation. Any request for indemnification shall include sufficient documentation
or information reasonably available to Indemnitee for the determination of entitlement to indemnification. In any event, Indemnitee shall submit Indemnitee’s claim for indemnification within a reasonable time, not to exceed five (5) years after
any judgment, order, settlement, dismissal, arbitration award, conviction, acceptance of a plea of nolo contendere or its equivalent, or final termination, whichever is the later date for which Indemnitee requests indemnification. The Secretary or
other appropriate officer shall, promptly upon receipt of Indemnitee’s request for indemnification, advise the Board of Directors in writing that Indemnitee has made such request. Determination of Indemnitee’s entitlement to
indemnification shall be made not later than ninety (90) days after the Corporation’s receipt of 
  

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 Indemnitee’s written request for such indemnification, provided that any request for indemnification for
Liabilities, other than amounts paid in settlement, shall have been made after a determination thereof in a Proceeding. 
  
 (b)    The Corporation shall be entitled to select the forum in which Indemnitee’s entitlement to indemnification will be heard;
provided, however, that if there is a Change in Control of the Corporation, Independent Legal Counsel (as hereinafter defined) shall determine whether Indemnitee is entitled to indemnification. The forum shall be any one of the following:

  
 (i)    the stockholders of
the Corporation; 
  
 (ii)    a
majority vote of Disinterested Directors (as hereinafter defined), even though less than a quorum; 
  
 (iii)    Independent Legal Counsel, whose determination shall be made in a written opinion; or 
  
 (iv)    a panel of three arbitrators, one
selected by the Corporation, another by Indemnitee and the third by the first two arbitrators; or if for any reason three arbitrators are not selected within thirty (30) days after the appointment of the first arbitrator, then selection of
additional arbitrators shall be made by the American Arbitration Association. If any arbitrator resigns or is unable to serve in such capacity for any reason, the American Arbitration Association shall select such arbitrator’s replacement. The
arbitration shall be conducted pursuant to the commercial arbitration rules of the American Arbitration Association now in effect. 
  
 6.    Specific Limitations on Indemnification. Notwithstanding anything in this Agreement to the contrary, the Corporation
shall not be obligated under this Agreement to make any payment to Indemnitee with respect to any Proceeding: 
  
 (a)    To the extent that payment is actually made to Indemnitee under any insurance policy, or is made to Indemnitee by the
Corporation or an affiliate otherwise than pursuant to this Agreement. Notwithstanding the availability of such insurance, Indemnitee also may claim indemnification from the Corporation pursuant to this Agreement by assigning to the Corporation any
claims under such insurance to the extent Indemnitee is paid by the Corporation; 
  
 (b)    Provided there has been no Change in Control, for Liabilities in connection with Proceedings settled without the Corporation’s consent, which consent, however, shall not be unreasonably
withheld; 
  
 (c)    For an accounting of
profits made from the purchase or sale by Indemnitee of securities of the Corporation within the meaning of section 16(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or similar provisions of any state statutory
or common law; or 
  

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 (d)    To the extent it would be otherwise prohibited by law, if so established by a
judgment or other final adjudication adverse to Indemnitee. 
  
 7.    Fees and Expenses of Independent Legal Counsel. The Corporation agrees to pay the reasonable fees and expenses of Independent Legal Counsel or a panel of three arbitrators should such Independent Legal
Counsel or such arbitrators be retained to make a determination of Indemnitee’s entitlement to indemnification pursuant to Section 5(b) of this Agreement, and to fully indemnify such Independent Legal Counsel or arbitrators against any and all
expenses and losses incurred by any of them arising out of or relating to this Agreement or their engagement pursuant hereto. 
  
 8.    Remedies of Indemnitee. 
  
 (a)    In the event that (i) a determination pursuant to Section 5 hereof is made that Indemnitee is not entitled to indemnification,
(ii) advances of Expenses are not made pursuant to this Agreement, (iii) payment has not been timely made following a determination of entitlement to indemnification pursuant to this Agreement, or (iv) Indemnitee otherwise seeks enforcement of this
Agreement, Indemnitee shall be entitled to a final adjudication in the Court of Chancery of the State of Delaware of the remedy sought. Alternatively, unless (i) the determination was made by a panel of arbitrators pursuant to Section 5(b)(iv)
hereof, or (ii) court approval is required by law for the indemnification sought by Indemnitee, Indemnitee at Indemnitee’s option may seek an award in arbitration to be conducted by a single arbitrator pursuant to the commercial arbitration
rules of the American Arbitration Association now in effect, which award is to be made within ninety (90) days following the filing of the demand for arbitration. The Corporation shall not oppose Indemnitee’s right to seek any such adjudication
or arbitration award. In any such proceeding or arbitration Indemnitee shall be presumed to be entitled to indemnification and advancement of Expenses under this Agreement and the Corporation shall have the burden of proof to overcome that
presumption. 
  
 (b)    In the event that a
determination that Indemnitee is not entitled to indemnification, in whole or in part, has been made pursuant to Section 5 hereof, the decision in the judicial proceeding or arbitration provided in paragraph (a) of this Section 8 shall be made de
novo and Indemnitee shall not be prejudiced by reason of a determination that Indemnitee is not entitled to indemnification. 
  
 (c)    If a determination that Indemnitee is entitled to indemnification has been made pursuant to Section 5 hereof, or is deemed to
have been made pursuant to Section 4 hereof or otherwise pursuant to the terms of this Agreement, the Corporation shall be bound by such determination in the absence of a misrepresentation or omission of a material fact by Indemnitee in connection
with such determination. 
  
 (d)    The
Corporation shall be precluded from asserting that the procedures and presumptions of this Agreement are not valid, binding and enforceable. The Corporation shall stipulate in any such court or before any such arbitrator that the Corporation is
bound by all the provisions of this Agreement and is precluded from making any assertion to the contrary. 
  

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 (e)    Expenses reasonably incurred by Indemnitee in connection with
Indemnitee’s request for indemnification under, seeking enforcement of or to recover damages for breach of this Agreement shall be borne by the Corporation when and as incurred by Indemnitee irrespective of any Final Adverse Determination (as
hereinafter defined) that Indemnitee is not entitled to indemnification. 
  
 9.    Contribution. To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee for any reason whatsoever, the
Corporation, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with any claim
relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits received by the Corporation and
Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding; and/or (ii) the relative fault of the Corporation (and its directors, officers, employees and agents) and Indemnitee in connection with such event(s)
and/or transaction(s). 
  
 10.    Maintenance of Insurance. Upon the Corporation’s purchase of directors’ and officers’ liability insurance policies covering its directors and officers, then, subject only to the provisions
within this Section 10, the Corporation agrees that so long as Indemnitee shall have consented to serve or shall continue to serve as a director or officer of the Corporation or both, or as an Agent of the Corporation, and thereafter so long as
Indemnitee shall be subject to any possible Proceeding (such periods being hereinafter sometimes referred to as the “Indemnification Period”), the Corporation will use all reasonable efforts to maintain in effect for the benefit of
Indemnitee one or more valid, binding and enforceable policies of directors’ and officers’ liability insurance providing, in all respects, coverage both in scope and amount which is no less favorable than that provided by such preexisting
policies. Notwithstanding the foregoing, the Corporation shall not be required to maintain said policies of directors’ and officers’ liability insurance if such insurance is not reasonably available or if it is in good faith determined by
the then directors of the Corporation either that: 
  
 (i)    The premium cost of maintaining such insurance is substantially disproportionate to the amount of coverage provided thereunder; or 
  
 (ii)    The protection provided by such insurance is so limited by exclusions,
deductions or otherwise that there is insufficient benefit to warrant the cost of maintaining such insurance. 
  
 Anything in this Agreement to the contrary notwithstanding, to the extent that and for so long as the Corporation shall choose to continue to maintain any
policies of directors’ and officers’ liability insurance during the Indemnification Period, the Corporation shall maintain similar and equivalent insurance for the benefit of Indemnitee during the Indemnification Period (unless such
insurance shall be less favorable to Indemnitee than the Corporation’s existing policies). 
  

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 11.    Modification, Waiver, Termination and Cancellation. No supplement,
modification, termination, cancellation or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of
any other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver. 
  
 12.    Subrogation. In the event of payment under this Agreement, the Corporation shall be subrogated to the extent of such
payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents necessary to enable the Corporation
effectively to bring suit to enforce such rights. 
  
 13.    Notice by Indemnitee and Defense of Claim. Indemnitee shall promptly notify the Corporation in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other
document relating to any matter, whether civil, criminal, administrative or investigative, but the omission so to notify the Corporation will not relieve it from any liability that it may have to Indemnitee if such omission does not prejudice the
Corporation’s rights. If such omission does prejudice the Corporation’s rights, the Corporation will be relieved from liability only to the extent of such prejudice; nor will such omission relieve the Corporation from any liability that it
may have to Indemnitee otherwise than under this Agreement. With respect to any Proceeding as to which Indemnitee notifies the Corporation of the commencement thereof: 
  
 (a)    The Corporation will be entitled to participate therein at its own expense; and 
  
 (b)    The Corporation jointly with any other
indemnifying party similarly notified will be entitled to assume the defense thereof, with counsel reasonably satisfactory to Indemnitee; provided, however, that the Corporation shall not be entitled to assume the defense of any Proceeding if there
has been a Change in Control or if Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Corporation and Indemnitee with respect to such Proceeding. After notice from the Corporation to Indemnitee of its
election to assume the defense thereof, the Corporation will not be liable to Indemnitee under this Agreement for any Expenses subsequently incurred by Indemnitee in connection with the defense thereof, other than reasonable costs of investigation
or as otherwise provided below. Indemnitee shall have the right to employ Indemnitee’s own counsel in such Proceeding, but the fees and expenses of such counsel incurred after notice from the Corporation of its assumption of the defense thereof
shall be at the expense of Indemnitee unless: 
  
 (i)    the employment of counsel by Indemnitee has been authorized by the Corporation; 
  
 (ii)    Indemnitee shall have reasonably concluded that counsel engaged by the Corporation may not adequately
represent Indemnitee; or 
  
 (iii)    the Corporation shall not in fact have employed counsel to assume the defense in such Proceeding or shall not in fact have assumed such defense and be 
  

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 acting in connection therewith with reasonable diligence; in each of which cases the fees and expenses of such counsel
shall be at the expense of the Corporation. 
  
 (c)    The Corporation shall not settle any Proceeding in any manner that would impose any penalty or limitation on Indemnitee without Indemnitee’s written consent; provided, however, that Indemnitee will not
unreasonably withhold his or her consent to any proposed settlement. 
  
 14.    Notices. All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given if (i) delivered by hand and receipted for by the party to whom
said notice or other communication shall have been directed, or (ii) mailed by certified or registered mail with postage prepaid, on the third business day after the date on which it is so mailed: 
  
 (a)    If to Indemnitee, to: 
  

	 	

  

	 	

  

	 	

  

	 	

  
 (b)    If to the Corporation, to: 
  
 SYNNEX Corp. 
 3797 Spinnaker Court 
 Fremont, CA 94538 
 Attn: Secretary

  
 or to such other address as may have been furnished to Indemnitee by the
Corporation or to the Corporation by Indemnitee, as the case may be. 
  
 15.    Nonexclusivity. The rights of Indemnitee hereunder shall not be deemed exclusive of any other rights to which Indemnitee may be entitled under applicable law, the Corporation’s Certificate of
Incorporation or bylaws, or any agreements, vote of stockholders, resolution of the Board of Directors or otherwise, and to the extent that during the Indemnification Period the rights of the then existing directors and officers are more favorable
to such directors or officers than the rights currently provided to Indemnitee thereunder or under this Agreement, Indemnitee shall be entitled to the full benefits of such more favorable rights. 
  
 16.    Certain Definitions. 
  
 (a)    “Agent” shall mean any person who
is or was, or who has consented to serve as, a director, officer, employee, agent, fiduciary, joint venturer, partner, manager or other official of the Corporation or a subsidiary or an affiliate of the Corporation, or any other entity (including
without limitation, an employee benefit plan) either at the request of, for the convenience of, or otherwise to benefit the Corporation or a subsidiary of the Corporation. 
  
 (b)    “Change in Control” shall mean the occurrence of any of the following:

  

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 (i)    Both (A) any “person” (as defined below) is or
becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing at least 20% of the total voting power represented by the Corporation’s then
outstanding voting securities; and (b) the beneficial ownership by such person of securities representing such percentage has not been approved by a majority of the “continuing directors” (as defined below); 
  
 (ii)    Any “person” is or
becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing at least 50% of the total voting power represented by the Corporation’s then
outstanding voting securities; 
  
 (iii)    A change in the composition of the Board occurs, as a result of which fewer than two-thirds of the incumbent directors are directors who either (A) had been directors of the Corporation on the “look-back
date” (as defined below) (the “Original Directors”) or (B) were elected, or nominated for election, to the Board with the affirmative votes of at least a majority in the aggregate of the Original Directors who were still in office at
the time of the election or nomination and directors whose election or nomination was previously so approved (the “continuing directors”); 
  
 (iv)    The stockholders of the Corporation approve a merger or consolidation of the Corporation with any other
corporation, if such merger or consolidation would result in the voting securities of the Corporation outstanding immediately prior thereto representing (either by remaining outstanding or by being converted into voting securities of the surviving
entity) 50% or less of the total voting power represented by the voting securities of the Corporation or such surviving entity outstanding immediately after such merger or consolidation; or 
  
 (v)    The stockholders of the
Corporation approve (A) a plan of complete liquidation of the Corporation or (B) an agreement for the sale or disposition by the Corporation of all or substantially all of the Corporation’s assets. 
  
 For purposes of Subsection (i) above, the term “person” shall have
the same meaning as when used in sections 13(d) and 14(d) of the Exchange Act, but shall exclude (x) a trustee or other fiduciary holding securities under an employee benefit plan of the Corporation or of a parent or subsidiary of the Corporation or
(y) a corporation owned directly or indirectly by the stockholders of the Corporation in substantially the same proportions as their ownership of the common stock of the Corporation. 
  
 For purposes of Subsection (iii) above, the term “look-back date” shall mean the later of (x) August
    , 2003 or (y) the date 24 months prior to the date of the event that may constitute a “Change in Control.” 
  
 Any other provision of this Section 17(b) notwithstanding, the term “Change in Control” shall not include a transaction, if undertaken at the
election of the Corporation, the result of which is to sell all or substantially all of the assets of the Corporation to another corporation (the “surviving corporation”); provided that the surviving corporation is owned 
  

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 directly or indirectly by the stockholders of the Corporation immediately following such transaction in substantially the
same proportions as their ownership of the Corporation’s common stock immediately preceding such transaction; and provided, further, that the surviving corporation expressly assumes this Agreement. 
  
 (c)    “Disinterested Director” shall
mean a director of the Corporation who is not or was not a party to or otherwise involved in the Proceeding in respect of which indemnification is being sought by Indemnitee. 
  
 (d)    “Expenses” shall include all direct and indirect costs (including, without
limitation, attorneys’ fees, retainers, court costs, transcripts, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, all other disbursements or
out-of-pocket expenses and reasonable compensation for time spent by Indemnitee for which Indemnitee is otherwise not compensated by the Corporation or any third party) actually and reasonably incurred in connection with either the investigation,
defense, settlement or appeal of a Proceeding or establishing or enforcing a right to indemnification under this Agreement, applicable law or otherwise; provided, however, that “Expenses” shall not include any Liabilities. 
  
 (e)    “Final Adverse Determination”
shall mean that a determination that Indemnitee is not entitled to indemnification shall have been made pursuant to Section 5 hereof and either (1) a final adjudication in the Court of Chancery of the State of Delaware or decision of an arbitrator
pursuant to Section 8(a) hereof shall have denied Indemnitee’s right to indemnification hereunder, or (2) Indemnitee shall have failed to file a complaint in a Delaware court or seek an arbitrator’s award pursuant to Section 8(a) for a
period of one hundred twenty (120) days after the determination made pursuant to Section 5 hereof. 
  
 (f)    “Independent Legal Counsel” shall mean a law firm or a member of a firm selected by the Corporation and
approved by Indemnitee (which approval shall not be unreasonably withheld) or, if there has been a Change in Control, selected by Indemnitee and approved by the Corporation (which approval shall not be unreasonably withheld), that neither is
presently nor in the past five (5) years has been retained to represent: (i) the Corporation or any of its subsidiaries or affiliates, or Indemnitee or any corporation of which Indemnitee was or is a director, officer, employee or agent, or any
subsidiary or affiliate of such a corporation, in any material matter, or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term “Independent Legal Counsel”
shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Corporation or Indemnitee in an action to determine Indemnitee’s right to
indemnification under this Agreement. 
  
 (g)    “Liabilities” shall mean liabilities of any type whatsoever including, but not limited to, any judgments, fines, ERISA excise taxes and penalties, penalties and amounts paid in settlement
(including all interest assessments and other charges paid or payable in connection with or in respect of such judgments, fines, penalties or amounts paid in settlement) of any Proceeding. 
  

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 (h)    “Proceeding” shall mean any threatened, pending or completed
action, claim, suit, arbitration, alternate dispute resolution mechanism, investigation, administrative hearing or any other proceeding whether civil, criminal, administrative or investigative, that is associated with Indemnitee’s being an
Agent of the Corporation. 
  
 17.    Binding Effect; Duration and Scope of Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns
(including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Corporation), spouses, heirs and personal and legal representatives. This Agreement shall
continue in effect during the Indemnification Period, regardless of whether Indemnitee continues to serve as an Agent. 
  
 18.    Severability. If any provision or provisions of this Agreement (or any portion thereof) shall be held to be invalid,
illegal or unenforceable for any reason whatsoever: 
  
 (a)    the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby; and 
  
 (b)    to the fullest extent legally possible, the provisions of this Agreement shall be construed so as
to give effect to the intent of any provision held invalid, illegal or unenforceable. 
  
 19.    Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Delaware, as applied to contracts between Delaware residents
entered into and to be performed entirely within the State of Delaware, without regard to conflict of laws rules. 
  
 20.    Consent to Jurisdiction. The Corporation and Indemnitee each irrevocably consent to the jurisdiction of the courts of
the State of Delaware for all purposes in connection with any action or proceeding that arises out of or relates to this Agreement and agree that any action instituted under this Agreement shall be brought only in the state courts of the State of
Delaware. 
  
 21.    Entire Agreement.
This Agreement represents the entire agreement between the parties hereto, and there are no other agreements, contracts or understandings between the parties hereto with respect to the subject matter of this Agreement, except as specifically
referred to herein or as provided in Section 15 hereof. 
  

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 22.    Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. 
  
 Executed as of the     th day of August, 2003. 
  

	SYNNEX Corp., a Delaware corporation
	 	 	 
	
	 By                                      
                                        
                   

	 	 	 
	 INDEMNITEE

	 	 	 
	
	

	 	 	

  

 12Registration Rights Agreement dated July 1, 2002

 Exhibit 10.7 
  
 REGISTRATION RIGHTS AGREEMENT 
  
 dated as of July 1, 2002 
  
 among 
  
 SYNNEX INFORMATION TECHNOLOGIES, INC. 
  
 and 
  
 THE INVESTORS NAMED HEREIN 

 TABLE OF CONTENTS 
  

	 	  	 	  	Page

			
	 SECTION 1.
	  	DEFINITIONS.	  	1
			
	 SECTION 2.
	  	DEMAND REGISTRATION.	  	4
			
	 SECTION 3.
	  	REGISTRATIONS ON FORM S-3.	  	5
			
	 SECTION 4.
	  	PIGGYBACK REGISTRATION.	  	7
			
	 SECTION 5.
	  	LOCK-UP AGREEMENT.	  	7
			
	 SECTION 6.
	  	PREPARATION AND FILING.	  	8
			
	 SECTION 7.
	  	EXPENSES.	  	11
			
	 SECTION 8.
	  	INDEMNIFICATION.	  	11
			
	 SECTION 9.
	  	UNDERWRITING AGREEMENT.	  	13
			
	 SECTION 10.
	  	SUSPENSION.	  	14
			
	 SECTION 11.
	  	INFORMATION BY HOLDER.	  	14
			
	 SECTION 12.
	  	NO CONFLICT OF RIGHTS.	  	14
			
	 SECTION 13.
	  	TERMINATION.	  	15
			
	 SECTION 14.
	  	SUCCESSORS AND ASSIGNS.	  	15
			
	 SECTION 15.
	  	ASSIGNMENT.	  	15
			
	 SECTION 16.
	  	ENTIRE AGREEMENT.	  	15
			
	 SECTION 17.
	  	NOTICES.	  	15
			
	 SECTION 18.
	  	MODIFICATIONS; AMENDMENTS; WAIVERS.	  	16
			
	 SECTION 19.
	  	HEADINGS.	  	16
			
	 SECTION 20.
	  	SEVERABILITY.	  	16
			
	 SECTION 21.
	  	GOVERNING LAW; ETC.	  	16
			
	 SECTION 22.
	  	COUNTERPARTS; VALIDITY.	  	17

 REGISTRATION RIGHTS AGREEMENT DATED AS OF JULY 1, 2002, BY AND AMONG SYNNEX INFORMATION TECHNOLOGIES, INC.,
A CALIFORNIA CORPORATION (THE “COMPANY”), AND THE INVESTORS (AS DEFINED BELOW). 
  
 The Investors own shares of the Common Stock, no par value per share (the “Common Stock”), of the Company (or such other class of common
stock of the Company into which the Common Stock may be converted or reclassified, and all references herein to the Common Stock shall mean such other class of common stock, if applicable). The Company and the Investors deem it to be in their
respective best interests to set forth the rights of the Investors in connection with public offerings and sales of the capital stock of the Company. 
  
 ACCORDINGLY, in consideration of the premises and mutual covenants and obligations hereinafter set forth, the Company and the Investors hereby
agree as follows: 
  
 Section
1.    Definitions. 
  
 As used in
this Agreement, the following terms shall have the following meanings: 
  
 “Affiliate” means, with respect to any Person, a Person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, such Person. For the purpose of
the above definition, the term “control” (including, with correlative meaning, the terms “controlling,” “controlled by” and “under common control with”), as used with respect to any Person, means the
possession, directly or indirectly, of the power to direct or cause the direction of the management, policies or investment decisions of such Person, whether through the ownership of voting securities, by contract or otherwise. 
  
 “Commission” shall mean the Securities and Exchange
Commission or any other Governmental Authority at the time administering the Securities Act and the Exchange Act. 
  
 “Common Stock” shall have the meaning ascribed to it in the Preamble. 
  
 “Company” shall have the meaning ascribed to it in
the caption to this Agreement. 
  
 “Exchange
Act” shall mean the Securities Exchange Act of 1934, as amended, or any successor Federal statute then in force, and the rules and regulations of the Commission promulgated thereunder, all as the same may from time to time be in effect.

  
 “Governmental Authority” shall mean
any domestic or foreign government or political subdivision thereof, whether on a federal, state or local level and whether executive, legislative or judicial in nature, including any agency, authority, board, bureau, commission, court, department
or other instrumentality thereof. 
  
 “Information” shall have the meaning ascribed to it in Section 6(a)(x). 
  

 1 

 “Initial Public Offering” shall mean an underwritten Initial Public Offering for
the account of the Company of Common Stock pursuant to a registration statement filed under the Securities Act. 
  
 “Inspectors” shall have the meaning ascribed to it in Section 6(a)(x). 
  
 “Investors” shall mean, collectively, (i) the Persons
listed on Schedule I attached to this Agreement, and (ii) any successor to, or assignee or transferee of Restricted Securities held by an Investor who or which agrees in writing to be treated as an Investor hereunder and to be bound by and comply
with all of the applicable terms and provisions hereof. 
  
 “Investors’ Counsel” shall have the meaning ascribed to it in Section 6(a)(ii). 
  
 “Majority of Investors” shall mean those Investors who hold in the aggregate in excess of 50% of the Restricted Securities held by
all of the Investors. 
  
 “Material
Transaction” shall mean any material transaction in which the Company or any of its subsidiaries proposes to engage or is engaged, including a purchase or sale of assets or securities, financing, merger, consolidation, tender offer or
any other transaction that would require disclosure pursuant to the Exchange Act, and with respect to which the Board of Directors of the Company reasonably has determined in good faith that compliance with this Agreement may reasonably be expected
to either materially interfere with the Company’s or such subsidiary’s ability to consummate such transaction in a timely fashion or require the Company to disclose material, non-public information prior to such time as it would otherwise
be required to be disclosed. 
  
 “Other
Shares” shall mean at any time those shares of Common Stock which do not constitute Primary Shares or Registrable Shares. 
  
 “Person” shall be construed as broadly as possible and shall include an individual person, a partnership (including a limited
liability partnership), a corporation, an association, a joint stock company, a limited liability company, a trust, a joint venture, an unincorporated organization and a Governmental Authority. 
  
 “Primary Shares” shall mean, at any time, the
authorized but unissued shares of Common Stock or Common Stock held by the Company in its treasury. 
  
 “Prospectus” shall mean the prospectus included in a Registration Statement, including any prospectus subject to completion, and
any such prospectus as amended or supplemented by any prospectus supplement with respect to the terms of the offering of any portion of the Registrable Shares and, in each case, by all other amendments and supplements to such prospectus, including
post-effective amendments, and in each case including all material incorporated by reference therein. 
  
 “Public Offering” shall mean the closing of a public offering of Common Stock pursuant to a Registration Statement declared
effective under the Securities Act, except that a Public Offering shall not include an offering of securities to be issued as consideration in 
  

 2 

 connection with a business acquisition or an offering of securities issuable pursuant to an employee benefit plan.

  
 “Records” shall have the meaning
ascribed to it in Section 6(a)(x). 
  
 “Registrable
Shares” shall mean, at any time, and with respect to any Investor, the shares of Common Stock held by such Investor which constitute Restricted Securities. As to any particular Registrable Shares, once issued, such Registrable Shares
shall cease to be Registrable Shares (A) when such Registrable Shares have been registered under the Securities Act, the Registration Statement in connection therewith has been declared effective and they have been disposed of pursuant to and in the
manner described in such effective Registration Statement, (B) when such Registrable Shares are sold or distributed pursuant to Rule 144, or (C) when such Registrable Shares have ceased to be outstanding. 
  
 “Registration Date” shall mean the date upon which
the Registration Statement pursuant to which the Company shall have initially registered shares of Common Stock under the Securities Act for sale to the public shall have been declared effective. 
  
 “Registration Statement” shall mean any registration
statement of the Company which covers any of the Registrable Shares, and all amendments and supplements to any such Registration Statement, including post-effective amendments, in each case including the Prospectus contained therein, all exhibits
thereto and all material incorporated by reference therein. 
  
 “Representative” of a Person shall be construed broadly and shall include such Person’s partners, officers, directors, employees, agents, counsel, accountants and other representatives. 
  
 “Restricted Securities” shall mean, at any time and
with respect to any Investor, the Common Stock and any other securities received with respect to any such Common Stock, which are held by such Investor and which theretofore have not been sold to the public pursuant to a Registration Statement or
pursuant to Rule 144. 
  
 “Rule 144” shall
mean Rule 144 promulgated under the Securities Act or any successor rule thereto. 
  
 “Securities Act” shall mean the Securities Act of 1933, as amended, or any successor Federal statute, and the rules and regulations of the Commission promulgated thereunder, all as the same may
from time to time be in effect. 
  
 “Suspension
Period” shall have the meaning ascribed to it in Section 10. 
  
 “Transfer” shall mean any disposition of any Restricted Securities or of any interest therein which would constitute a sale thereof within the meaning of the Securities Act, other than any such
disposition pursuant to a Registration Statement and in compliance with all applicable state securities and “blue sky” laws. 
  

 3 

 Section 2.    Demand Registration. 
  
 (a)    At any time after the that date which is six (6)
months after the date upon which the Registration Statement for use in the Initial Public Offering shall have been declared effective, if the Company shall be requested by the holders of at least 30% percent of the Restricted Securities held by all
Investors to effect the registration under the Securities Act of Registrable Shares, it shall within 10 days of such request give written notice to the other Investors of its requirement to so register such Registrable Shares and, upon the written
request, delivered to the Company within 30 days after delivery of any such notice by the Company, of the other Investors to include in such registration Registrable Shares (which request shall specify the number of Registrable Shares proposed to be
included in such registration), the Company shall, subject to Section 2(b) below, promptly thereafter use its reasonable best efforts to effect such registration under the Securities Act of the Registrable Shares which the Company has been so
requested to register for sale in accordance with the method of distribution specified in the initiating request. If such method of distribution is an underwritten Public Offering, the Company may designate the managing underwriter for such
offering, subject to the approval of those Investors holding a majority of the Registrable Shares requested to be included in such offering (which approval shall not be unreasonably withheld). 
  
 (b)    Anything contained in Section 2(a) to the
contrary notwithstanding, the Company shall not be obligated to effect pursuant to Section 2(a) any registration under the Securities Act except in accordance with the following provisions: 
  
 (i)    the Company shall not be obligated
to use its reasonable best efforts to file and cause to become effective (A) more than two Registration Statements initiated pursuant to Section 2(a); provided however, that if the Investors were unable to sell at least fifty
percent (50%) of the Registrable Shares requested to be included in the last registration pursuant to Section 2(a) as a result of an underwriter’s cutback, then additional registrations shall be added to this Section 2(b)(ii)
until the foregoing condition is satisfied, provided further however, that the Company shall not be obligated to effect more than one (1) Registration Statement pursuant to this Section 2(a) within any 12-month period or
(B) any Registration Statement during any period in which any other registration statement (other than on Form S-4 or Form S-8 promulgated under the Securities Act or any successor forms thereto) pursuant to which Primary Shares are to be or were
sold has been filed and not withdrawn or has been declared effective within the prior 180 days; 
  
 (ii)    the Company may delay the filing or effectiveness of any Registration Statement for a period of up to 90 days
after the date of a request for registration pursuant to Section 2(a) if at the time of such request (a) the Company is engaged, or proposes to engage, in a Material Transaction, or (b) the Company’s Board of Directors has determined
that such registration would have a material adverse effect upon the Company or its then current business plans; and 
  

 4 

 (iii)    with respect to any registration pursuant to Section
2(a), the Company may include in such registration any Primary Shares or Other Shares; provided, however, that if the managing underwriter advises the Company that the inclusion of all Registrable Shares, Primary Shares and Other
Shares proposed to be included in such registration would interfere with the successful marketing (including pricing) of all such securities, then the number of Registrable Shares, Primary Shares and Other Shares proposed to be included in such
registration shall be included in the following order: 
  
 (A)    first, the Registrable Shares held by the Investors requesting that their Registrable Shares be included in such registration pursuant to Section 2(a), pro rata based upon the number of
Restricted Securities owned by each such Investor at the time of such registration; provided, however, that if the managing underwriter advises the Company that the pro rata inclusion of Registrable Shares held by all
Investors would interfere with the successful marketing (including pricing) of such securities, then the managing underwriter may reduce that percentage of Registrable Shares held by Investors that may be included pro rata in the
proposed registration; 
  
 (B)    second, the Primary Shares; and 
  
 (C)    third, the Other Shares. 
  
 (c)    A requested registration under this Section 2 may be rescinded prior to such registration being declared
effective by the Commission by written notice to the Company from those Investors who initiated the request; provided, however, that such rescinded registration shall not count as a registration initiated pursuant to this Section
2 for purposes of subclause (A) of clause (i) of subsection (b) above if the Company shall have been reimbursed (pro rata by the Investors requesting registration or in such other proportion as they may agree) for all out-of-pocket expenses
incurred by the Company in connection with such rescinded registration; provided further, however, that such Investors shall not be required to reimburse the Company if such rescission shall have been caused by, or made in
response to, the material adverse effect of an event on the business, prospects, properties, condition (financial or otherwise) or operations of the Company. 
  
 Section 3.    Registrations on Form S-3. 
  
 (a)    Subject to paragraph (c) below, at such time as the Company shall have qualified for the use of Form S-3
promulgated under the Securities Act or any successor form thereto, the holders of the Restricted Securities shall have the right to request in writing registrations on Form S-3, or such successor form, and to effect a registration under the
Securities Act of Registrable Shares in accordance with this Section. 
  
 (b)    If the Company shall be requested by the Investors to effect a registration under the Securities Act of Registrable Shares in accordance with this Section, then the 
  

 5 

 Company shall promptly give written notice of such proposed registration to all holders of Restricted Securities and
shall offer to include in such proposed registration any Registrable Shares requested to be included in such proposed registration by such holders who respond in writing to the Company’s notice within 30 days after delivery of such notice
(which response shall specify the number of Registrable Shares proposed to be included in such registration). The Company shall promptly use its commercially reasonable efforts to effect such registration on Form S-3 of the Registrable Shares which
the Company has been so requested to register 
  
 (c)    The Company shall not be obligated to effect any registration under the Securities Act requested by the Investors under this Section except in accordance with the following provisions: 
  
 (i)    the Company shall not be obligated
to effect any such registration initiated pursuant to Section 3(a) if (A) the Company shall reasonably conclude that the anticipated gross offering price of all Registrable Shares to be included therein would be less than $500,000, (B) such
registration is requested within six (6) months after a registered offering of the Company in which any of the Investors were given the opportunity to participate or (C) the Company shall have effected two Registration Statements on Form S-3
pursuant to this Section 3 within any 12-month period; 
  
 (ii)    the Company may delay the filing or effectiveness of any Registration Statement pursuant to this Section for a period not to exceed 90 days after the date of a request for registration if
the Company’s Board of Directors has determined that such registration would have a material adverse effect upon the Company or its then current business plans; provided, however, that the Company may cause such delay only once
during any 360-day period. 
  
 (d)    A
requested registration under this Section 3 may be rescinded prior to such registration being declared effective by the Commission by written notice to the Company by the Investors requesting such registration and such rescinded registration
shall not count as a registration initiated pursuant to Section 3 if (i) the Investors initiating such request shall have reimbursed the Company for all out-of-pocket expenses incurred by the Company in connection with such rescinded
registration or (ii) such rescinded registration results from a material adverse change to the business, prospects, operation or financial condition of the Company (in which case such Investors shall not be required to so reimburse the Company).

  
 (e)    A requested registration on Form
S-3 or any such successor form in compliance with this Section 3 shall not count as a registration statement initiated pursuant to Section 2 but shall otherwise be treated as a registration initiated pursuant to, and shall, except as
otherwise expressly provided in this Section 3, be subject to Section 2. 
  

 6 

 Section 4.    Piggyback Registration. 
  
 If the Company at any time proposes for any reason to register Registrable
Shares, Primary Shares or Other Shares under the Securities Act (other than on Form S-4 or Form S-8 promulgated under the Securities Act or any successor forms thereto), it shall promptly give written notice to each Investor of its intention so to
register such Registrable Shares, Primary Shares or Other Shares and, upon the written request, given within 20 days after delivery of any such notice by the Company, of any such Investor to include in such registration, Registrable Shares (which
request shall specify the number of Registrable Shares proposed to be included in such registration), the Company shall use its reasonable best efforts to cause all such Registrable Shares to be included in such registration on the same terms and
conditions as the securities otherwise being sold in such registration; provided, however, that if the managing underwriter advises the Company that the inclusion of all Registrable Shares or Other Shares proposed to be included in
such registration would interfere with the successful marketing (including pricing) of Primary Shares proposed to be registered by the Company, then the number of Primary Shares, Registrable Shares and Other Shares proposed to be included in such
registration shall be included in the following order: 
  
 (i)    first, the Primary Shares; 
  
 (ii)    second, the Registrable Shares held by the Investors requesting that their Registrable Shares be included in such registration, pro rata based upon the number of
Restricted Securities owned by each such Investor at the time of such registration; provided, however, that if the managing underwriter advises the Company that the pro rata inclusion of Registrable Shares held by all
Investors would interfere with the successful marketing (including pricing) of such securities, then the managing underwriter may reduce that percentage of Registrable Shares held by Investors that may be included pro rata in the
proposed registration; and 
  
 (iii)    third, the Other Shares. 
  
 Notwithstanding anything contained in this Section 4 to the contrary, the Company shall not be obligated to include any Registrable Shares held by the Investors in any registration statement filed by the Company in connection with
the Company’s Initial Public Offering. 
  
 Section
5.    Lock-Up Agreement. 
  
 (a)    If the Company at any time shall register shares of Common Stock under the Securities Act in an underwritten offering pursuant to an Initial Public Offering, the Investors shall not sell, make any short sale of,
grant any option for the purchase of, or otherwise dispose of any Restricted Securities (other than those Registrable Shares included in such registration pursuant to Sections 2, 3 or 4) without the prior written consent of the
managing underwriters for a period as shall be determined by the managing underwriters, which period cannot begin more than 7 days prior to the 
  

 7 

 effectiveness of such registration statement pursuant to which such Initial Public Offering shall be made and cannot last
more than 180 days after the effective date of such registration statement. 
  
 Section 6.    Preparation and Filing. 
  
 (a)    If and whenever the Company is under an obligation pursuant to the provisions of this Agreement to use its reasonable best efforts to effect the registration of any Registrable Shares, the
Company shall, as expeditiously as practicable: 
  
 (i)    use its reasonable best efforts to cause a Registration Statement that registers such Registrable Shares to become and remain effective for a period of 90 days or until all of such Registrable Shares have been
disposed of (if earlier); 
  
 (ii)    furnish, at least five business days before filing a Registration Statement that registers such Registrable Shares, a Prospectus relating thereto and any amendments or supplements relating to such Registration
Statement or Prospectus, to one counsel selected by a Majority of Investors (the “Investors’ Counsel”) copies of all such documents proposed to be filed (it being understood that such five-business-day period need not apply to
successive drafts of the same document proposed to be filed so long as such successive drafts are supplied to such counsel in advance of the proposed filing by a period of time that is customary and reasonable under the circumstances); 

 
 (iii)    prepare and file with the
Commission such amendments and supplements to such Registration Statement and the Prospectus used in connection therewith as may be necessary to keep such Registration Statement effective for the lesser of a period of 90 days or until all of such
Registrable Shares have been disposed of (if earlier) and to comply with the provisions of the Securities Act with respect to the sale or other disposition of such Registrable Shares; 
  
 (iv)    notify the Investors’ Counsel promptly in writing (A) of any comments by
the Commission with respect to such Registration Statement or Prospectus, or any request by the Commission for the amending or supplementing thereof or for additional information with respect thereto, (B) of the issuance by the Commission of any
stop order suspending the effectiveness of such Registration Statement or Prospectus or any amendment or supplement thereto or the initiation of any proceedings for that purpose and (C) of the receipt by the Company of any notification with respect
to the suspension of the qualification of such Registrable Shares for sale in any jurisdiction or the initiation or threatening of any proceeding for such purposes; 
  
 (v)    use its reasonable best efforts to register or qualify such Registrable Shares
under such other securities or blue sky laws of such jurisdictions as any seller of Registrable Shares reasonably requests and do any and all other acts and things which may be reasonably necessary or advisable to enable such seller of Registrable
Shares to consummate the disposition in such jurisdictions of the 
  

 8 

 Registrable Shares owned by such seller; provided, however, that the Company will not be
required to qualify generally to do business, subject itself to general taxation or consent to general service of process in any jurisdiction where it would not otherwise be required so to do but for this clause (v); 
  
 (vi)    furnish to each seller of such
Registrable Shares such number of copies of a summary Prospectus or other Prospectus, including a preliminary Prospectus, in conformity with the requirements of the Securities Act, and such other documents as such seller of Registrable Shares may
reasonably request in order to facilitate the public sale or other disposition of such Registrable Shares; 
  
 (vii)    use its reasonable best efforts to cause such Registrable Shares to be registered with or approved by such
other Governmental Authorities as may be necessary by virtue of the business and operations of the Company to enable the seller or sellers thereof to consummate the disposition of such Registrable Shares; 
  
 (viii)    notify on a timely basis each
seller of such Registrable Shares at any time when a Prospectus relating to such Registrable Shares is required to be delivered under the Securities Act within the appropriate period mentioned in clause (i) of this Section 6 of the happening
of any event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the
statements therein not misleading in light of the circumstances then existing and, at the request of such seller, prepare and furnish to such seller a reasonable number of copies of a supplement to or an amendment of such Prospectus as may be
necessary so that, as thereafter delivered to the offerees of such shares, such Prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements
therein not misleading in light of the circumstances then existing; 
  
 (ix)    make available for inspection by any seller of such Registrable Shares, any underwriter participating in any disposition pursuant to such Registration Statement and any attorney, accountant
or other agent retained by any such seller or underwriter (collectively, the “Inspectors”), all pertinent financial, business and other records, pertinent corporate documents and properties of the Company (collectively, the
“Records”), as shall be reasonably necessary to enable them to exercise their due diligence responsibility, and cause the Company’s officers, directors and employees to supply all information (together with the Records, the
“Information”) reasonably requested by any such Inspector in connection with such Registration Statement (and any of the Information which the Company determines in good faith to be confidential, and of which determination the
Inspectors are so notified, shall not be disclosed by the Inspectors unless (A) the disclosure of such Information is necessary to avoid or correct a misstatement or omission in the Registration Statement, (B) the release of such Information is
ordered pursuant to a subpoena or other order from a court of competent jurisdiction, (C) such Information has been made generally available to the public, 
  

 9 

 and (D) the seller of Registrable Shares agrees that it will, upon learning that disclosure of such
Information is sought in a court of competent jurisdiction, give notice to the Company and allow the Company, at the Company’s expense, to undertake appropriate action to prevent disclosure of the Information deemed confidential); 

 
 (x)    use its reasonable best efforts
to obtain from its independent certified public accountants a “cold comfort” letter in customary form and covering such matters of the type customarily covered by cold comfort letters; 
  
 (xi)    use its reasonable best efforts
to obtain, from its counsel, an opinion or opinions in customary form (which shall also be addressed to the Investors selling Registrable Shares in such registration); 
  
 (xii)    provide a transfer agent and registrar (which may be the same entity and which
may be the Company) for such Registrable Shares; 
  
 (xiii)    issue to any underwriter to which any seller of Registrable Shares may sell shares in such offering certificates evidencing such Registrable Shares; 
  
 (xiv)    list such Registrable Shares on any national securities exchange on which any
shares of the Common Stock are listed or, if the Common Stock is not listed on a national securities exchange, use its reasonable best efforts to qualify such Registrable Shares for inclusion on the automated quotation system of the National
Association of Securities Dealers, Inc. (the “NASD”), National Market System (“NMS”), or such other national securities exchange as the holders of a majority of such Registrable Shares shall request included in such
registration; 
  
 (xv)    otherwise use its reasonable best efforts to comply with all applicable rules and regulations of the Commission, and make available to its securityholders, as soon as reasonably practicable, earnings statements
which need not be audited covering a period of 12 months beginning within three months after the effective date of the Registration Statement, which earnings statements shall satisfy the provisions of Section 11(a) of the Securities Act; and

  
 (xvi)    use its
reasonable best efforts to take all other steps necessary to effect the registration of such Registrable Shares contemplated hereby. 
  
 (b)    each holder of Registrable Shares that sells Registrable Shares pursuant to a registration under this Agreement agrees that
during such time as such seller may be engaged in a distribution of the Registrable Shares, such seller shall comply with Regulation M promulgated under the Exchange Act and pursuant thereto it shall, among other things: (i) not engage in any
stabilization activity in connection with the Securities of the Company in contravention of such rules; (ii) distribute the Registrable Shares under the registration statement solely in the manner described in the registration statement; and (iii)
cease distribution of such Registrable Shares pursuant to such registration statement upon receipt of written notice from the Company that the 
  

 10 

 prospectus covering the Registrable Shares contains any untrue statement of a material fact or omits a
material fact required to be stated therein or necessary to make the statements therein not misleading. 
  
 Section 7.    Expenses. 
  
 All reasonable expenses incurred by the Company in complying with Section 6, including, without limitation, all registration and filing fees
(including all expenses incident to filing with the NASD), fees and expenses of complying with securities and blue sky laws, printing expenses, fees and expenses of the Company’s counsel and accountants and fees and expenses of the
Investors’ Counsel, shall be paid by the Company; provided, however, that all underwriting discounts and selling commissions applicable to the Registrable Shares shall not be borne by the Company but shall be borne by the seller
or sellers thereof, in proportion to the number of Registrable Shares sold by such seller or sellers. 
  
 Section 8.    Indemnification. 
  
 (a) In connection with any registration of any Registrable Shares under the Securities Act pursuant to this Agreement, the Company shall
enter into such reasonable customary indemnification agreements that indemnify and hold harmless the seller of such Registrable Shares, each underwriter, broker or any other Person acting on behalf of such seller, each other Person, if any, who
controls any of the foregoing Persons within the meaning of the Securities Act and each Representative of any of the foregoing Persons, against any losses, claims, damages or liabilities, joint or several, to which any of the foregoing Persons may
become subject under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or alleged untrue statement of a material fact contained
in the Registration Statement under which such Registrable Shares were registered, any preliminary Prospectus or final Prospectus contained therein, any amendment or supplement thereto or any document incident to registration or qualification of any
Registrable Shares, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading or, with respect to any Prospectus,
necessary to make the statements therein in light of the circumstances under which they were made not misleading, or any violation by the Company of the Securities Act or state securities or blue sky laws applicable to the Company and relating to
action or inaction required of the Company in connection with such registration or qualification under such state securities or blue sky laws, and the Company shall promptly reimburse such seller, such underwriter, such broker, such controlling
Person or such Representatives for any reasonable legal or other expenses incurred by any of them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the Company
shall not be liable to any such Person to the extent that any such loss, claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission made in said Registration Statement,
preliminary Prospectus, amendment, supplement or document incident to registration or qualification of any Registrable Shares in reliance upon and in conformity with written information furnished to the Company through an instrument duly executed

  

 11 

 by such Person, or a Person duly acting on their behalf, specifically for use in the preparation thereof;
provided further, however, that the foregoing indemnity agreement is subject to the condition that, insofar as it relates to any untrue statement, allegedly untrue statement, omission or alleged omission made in any preliminary
Prospectus but eliminated or remedied in the final Prospectus (filed pursuant to Rule 424 of the Securities Act), such indemnity agreement shall not inure to the benefit of any indemnified party from whom the Person asserting any loss, claim,
damage, liability or expense purchased the Registrable Shares which are the subject thereof, if a copy of such final Prospectus had been timely made available to such Indemnified Person and such final Prospectus was not delivered to such Person with
or prior to the written confirmation of the sale of such Registrable Shares to such Person. 
  
 (b)    In connection with any registration of Registrable Shares under the Securities Act pursuant to this Agreement,
each seller of Registrable Shares shall enter into such reasonable customary indemnification agreements that indemnify and hold harmless (in the same manner and to the same extent as set forth in the paragraph (a) of this Section 8) the
Company, each underwriter or broker involved in such offering, each other seller of Registrable Shares under such Registration Statement, each Person who controls any of the foregoing Persons within the meaning of the Securities Act and any
Representative of the foregoing Persons with respect to any statement or omission from such Registration Statement, any preliminary Prospectus or final Prospectus contained therein, any amendment or supplement thereto or any document incident to
registration or qualification of any Registrable Shares, if such statement or omission was made in reliance upon and in conformity with written information furnished to the Company or such underwriter through an instrument duly executed by such
seller or a Person duly acting on their behalf specifically for use in connection with the preparation of such Registration Statement, preliminary Prospectus, final Prospectus, amendment or supplement; provided, however, that the
maximum amount of liability in respect of such indemnification shall be limited, in the case of each seller of Registrable Shares, to an amount equal to the net proceeds actually received by such seller from the sale of Registrable Shares effected
pursuant to such registration. 
  
 (c)    Promptly after receipt by an indemnified party of notice of the commencement of any action involving a claim referred to in the preceding paragraphs of this Section 8, such indemnified party will, if a
claim in respect thereof is made against an indemnifying party, give written notice to the latter of the commencement of such action (provided, however, that an indemnified party’s failure to give such notice in a timely manner
shall only relieve the indemnification obligations of an indemnifying party to the extent such indemnifying party is prejudiced by such failure). In case any such action is brought against an indemnified party, the indemnifying party will be
entitled to participate in and to assume the defense thereof, jointly with any other indemnifying party similarly notified to the extent that it may wish, with counsel reasonably satisfactory to such indemnified party, and after notice from the
indemnifying party to such indemnified party of its election so to assume the defense thereof, the indemnifying party shall not be responsible for any legal or other expenses subsequently incurred by the indemnified party in connection with the
defense thereof; provided, however, that if any indemnified party shall have reasonably concluded that there may be one or more 
  

 12 

 legal or equitable defenses available to such indemnified party which are in addition to or conflict with
those available to the indemnifying party, or that such claim or litigation involves or could have an effect upon matters beyond the scope of the indemnity agreement provided in this Section 8, the indemnifying party shall not have the right
to assume the defense of such action on behalf of such indemnified party and such indemnifying party shall reimburse such indemnified party and any Person controlling such indemnified party for that portion of the fees and expenses of any one lead
counsel (plus appropriate special and local counsel) retained by the indemnified party which are reasonably related to the matters covered by the indemnity agreement provided in this Section 8. 
  
 (d)    If the indemnification provided
for in this Section 8 is held by a court of competent jurisdiction to be unavailable to an indemnified party with respect to any loss, claim, damage or liability referred to herein, then the indemnifying party, in lieu of indemnifying such
indemnified party hereunder, shall contribute to the amounts paid or payable by such indemnified party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect the relative fault of the indemnifying party
on the one hand and of the indemnified party on the other hand in connection with the statements or omissions which resulted in such loss, claim, damage or liability as well as any other relevant equitable considerations; provided,
however, that the maximum amount of liability in respect of such contribution shall be limited, in the case of each seller of Registrable Shares, to an amount equal to the net proceeds actually received by such seller from the sale of
Registrable Shares effected pursuant to such registration. The relative fault of the indemnifying party and of the indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a
material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information and opportunity to correct or
prevent such statement or omission. 
  
 (e)    The indemnification and contribution provided for under this Agreement will remain in full force and effect regardless of any investigation made by or on behalf of the indemnified party and will survive the
Transfer of securities. 
  
 Section 9.    Underwriting
Agreement. 
  
 (a)    Notwithstanding the provisions of Sections 5, 6 and 8, to the extent that the Investors selling Registrable Shares in a proposed registration shall enter into an underwriting or similar
agreement, which agreement contains provisions covering one or more issues addressed in such Sections of this Agreement, the provisions contained in such Sections of this Agreement addressing such issue or issues shall be of no force or effect with
respect to such registration, but this provision shall not apply to the Company if the Company is not a party to the underwriting or similar agreement. 
  
 (b)    If any registration pursuant to Sections 2 or 3 is requested to be an underwritten offering, the
Company shall negotiate in good faith to enter into a reasonable and customary underwriting agreement with the underwriters thereof. The 
  

 13 

 Company shall be entitled to receive indemnities from lead institutions, underwriters, selling brokers,
dealer managers and similar securities industry professionals participating in the distribution, to the same extent as provided above with respect to information so furnished in writing by such Persons specifically for inclusion in any Prospectus or
Registration Statement and to the extent customary given their role in such distribution. 
  
 (c)    No Investor may participate in any registration hereunder that is underwritten unless such Investor agrees to
(i) sell such Investor’s Registrable Shares proposed to be included therein on the basis provided in any underwriting arrangements acceptable to the Company and the Majority of Investors and (ii) as expeditiously as possible, notify the Company
of the occurrence of any event concerning such Investor as a result of which the Prospectus relating to such registration contains an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to
make the statements therein, in light of the circumstances under which they were made, not misleading. 
  
 Section 10.    Suspension. 
  
 Anything contained in this Agreement to the contrary notwithstanding, the Company may (not more than once with respect to each registration), by notice in
writing to each holder of Registrable Shares to which a Prospectus relates, require such holder to suspend, for up to 60 days (the “Suspension Period”), the use of any Prospectus included in a Registration Statement filed under
Sections 2, 3 or 4 if a Material Transaction exists that would require an amendment to such Registration Statement or supplement to such Prospectus (including any such amendment or supplement made through incorporation by
reference to a report filed under Section 13 of the Exchange Act). The period during which such Prospectus must remain effective shall be extended by a period equal to the Suspension Period. 
  
 Section 11.    Information by Holder.

  
 Each holder of Registrable Shares to be included in any
registration shall furnish to the Company and the managing underwriter such written information regarding such holder and the distribution proposed by such holder as the Company or the managing underwriter may reasonably request in writing and as
shall be reasonably required in connection with any registration, qualification or compliance referred to in this Agreement. 
  
 Section 12.    No Conflict of Rights. 
  
 The Company represents and warrants to the Investors that the registration rights granted to the Investors hereby do not
conflict with any other registration rights granted by the Company. The Company shall not, after the date hereof, grant any registration rights which conflict with or impair, or have any priority over, the registration rights granted hereby. In any
underwritten public offering, the managing underwriter shall be a nationally recognized investment banking firm selected by the Company, and reasonably acceptable to a Majority of Investors if the Investors would have the right (prior to giving
effect to any cutbacks) to include Registrable Shares in such public offering. 
  

 14 

 Section 13.    Termination. 
  
 This Agreement shall terminate and be of no further force or effect seven (7)
years following the consummation of the Company’s Initial Public Offering; provided however, that Sections 7 and 8 shall survive the termination of this Agreement. 
  
 Section 14.    Successors and Assigns.

  
 This Agreement shall bind and inure to the benefit of the
Company and the Investors and, subject to Section 16, their respective successors and assigns. 
  
 Section 15.    Assignment. 
  
 Each Investor may assign its rights hereunder to any purchaser from such Investor of Restricted Securities; provided, however, that such purchaser shall, as a condition to the effectiveness of such
assignment, be required to execute a counterpart to this Agreement agreeing to be treated as an Investor hereunder, as applicable, whereupon such purchaser shall have the benefits of, and shall be subject to the restrictions contained in, this
Agreement as an Investor, as applicable. 
  
 Section
16.    Entire Agreement. 
  
 This
Agreement contains the entire agreement among the parties with respect to the subject matter hereof and supersedes all prior agreements and understandings with respect hereto, all of which are hereby terminated in their entirety and of no further
force or effect. 
  
 Section
17.    Notices. 
  
 All notices,
requests, consents and other communications hereunder to any party shall be deemed to be sufficient if contained in a written instrument and shall be deemed to have been duly given when delivered in Person, by telex, telegram or telecopy, by
overnight courier, or by first class registered or certified mail, postage prepaid, addressed to such party at the address set forth below or such other address as may hereafter be designated in writing by the addressee to the sender: 
  
 (i)    if to the Company, to: 

 
 SYNNEX Information Technologies, Inc. 
 3797 Spinnaker Court 
 Fremont, CA 94538 
 Telephone: 510-668-3668 
 Telecopy: 510-668-3707 
 Attention: Simon Leung, Esq. 
  
 with a copy to: 
  
 Brobeck, Phleger & Harrison LLP 
 2000 University Avenue 
  

 15 

 E. Palo Alto, CA 94303 
 Telephone: (650) 331-4100 
 Telecopy: (650) 331-8000 
 Attention: Curtis L. Mo, Esq. 
  
 All such notices, requests, consents and other communications shall be deemed to have been
delivered (a) in the case of personal delivery, telex, telegram or telecopy, on the date of such delivery, (b) in the, case of overnight courier, on the next business day, and (c) in the case of mailing, on the fifth business day following such
mailing. 
  
 Section
18.    Modifications; Amendments; Waivers. 
  
 The terms and provisions of this Agreement may not be modified or amended, nor may any provision applicable to the Investors be waived, except pursuant to a writing signed by the Company and Investors holding 66 2/3%
of the Restricted Securities by all Investors and; provided, however, that Schedule I to this Agreement shall be deemed to be automatically amended from time to time to reflect the addition to this Agreement of any Person
identified in clause (ii) of the definition of Investors. 
  
 Section 19.    Headings. 
  
 The headings of the various sections of this Agreement have been inserted for convenience of reference only and shall not be deemed to be a part of this Agreement. 
  
 Section 20.    Severability. 
  
 It is the desire and intent of the parties that the provisions of this Agreement be enforced to the fullest extent
permissible under the law and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any provision of this Agreement would be held in any jurisdiction to be invalid, prohibited or unenforceable for any reason,
such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction. Notwithstanding the foregoing, if
such provision could be more narrowly drawn so as not to be invalid, prohibited or unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without invalidating the remaining provisions of this Agreement or
affecting the validity or enforceability of such provision in any other jurisdiction. 
  
 Section 21.    Governing Law; Etc. 
  
 All questions concerning the construction, interpretation and validity of this Agreement shall be governed by and construed and enforced in accordance
with the domestic laws of the State of California, without giving effect to any choice or conflict of law provision or rule (whether in the State of California or any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of California. In furtherance of the foregoing, the internal law of the State of California will control the interpretation and construction of this Agreement, even if under such jurisdiction’s choice of law or
conflict of law analysis, the substantive law of some other jurisdiction would ordinarily apply. 
  

 16 

 Section 22.    Counterparts; Validity. 
  
 This Agreement may be executed in any number of counterparts, each of which
shall be an original, but all of which taken together shall constitute one and the same agreement, and telecopied signatures shall be effective. The failure of any Person holding Registrable Shares to execute this Agreement shall not render this
Agreement invalid as between the Company and any other Person holding Registrable Shares. 
  
 * * * * 
  

 17 

 IN WITNESS WHEREOF, the parties hereto have executed this Registration Rights Agreement on the
date first written above. 
  

	SYNNEX INFORMATION TECHNOLOGIES, INC.
		
	 By:
	 	 /s/    Robert Huang        

	 	 	 Name: Robert Huang
 Title: Chief Executive Officer

  
  
  
  

	 INVESTORS:
  
 SILVER STAR DEVELOPMENTS LTD.

		
	 By:
	 	 /s/    Tsai, Feng- Tzu

	 	 	 Name: Tsai, Feng-Tzu
 Title: Director

  
  
  
  

	CONSTANT HOLDINGS LTD.
		
	 By:
	 	 /s/    Harry Wong         

	 	 	 Name: Harry Wong
 Title: Director

  
  
  
  

	PEER DEVELOPMENTS LTD.
		
	 By:
	 	 /s/    Tu Shu-Wu         

	 	 	 Name: Tu Shu-Wu
 Title: Director

  
  
  
  

	HARBINGER (BVI) VENTURE CAPITAL CORP.
		
	 By:
	 	 /s/    Chou, Teh-Chien         

	 	 	 Name: Chou, Teh-Chien
 Title: Director

  
  
  
  

	BUDWORTH INVESTMENTS LTD.
		
	 By:
	 	 /s/    Chou, Teh- Chien         

	 	 	 Name: Chou, Teh-Chien
 Title: Director

  
 [Signature Page
to Registration Rights Agreement] 
  
  

 SCHEDULE I 
  

Investors 
  
 Silver Star Developments Ltd. 
 Constant Holdings Ltd. 
 Peer Developments Ltd. 
 Harbinger (BVI) Venture Capital Corp. 
 Budworth Investments Ltd.

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