Document:

EX-10.33

 Exhibit 10.33 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement is between
LEOPOLDO CORONADO, an individual residing in CUTLER BAY, FL (“Executive”) and INTCOMEX, INC., a Delaware corporation (“Company”), and is made this 1 day of November, 2011.

 Terms and Conditions 
 1. Employment; Position; Reporting Responsibilities. The Company agrees to employ the Executive, and the Executive agrees to be employed by the Company. The Executive shall be employed by
the Company as its Chief Operating Officer (“COO”). The Executive shall report to the President and to the Chief Executive Officer of the Company. As a full-time employee, the Executive shall devote all of his business time,
attention, and energies to Company work; however, this provision shall not be construed as preventing the Executive from investing savings or other assets in such form or manner as will not require any services on the part of the Executive, nor
shall it be construed as preventing the Executive from engaging in any charity or civic work approved by the Company. 
 2.
Term of the Agreement and Evergreen Renewal. The Executive’s employment by the Company shall continue for a period of one year (the Agreement’s “Initial Term”), effective on December 1, 2011 (the
Agreement’s “Effective Date”), and ending on November 30, 2012, unless the Agreement is terminated first pursuant to Section 8. If not previously terminated, at the end of the Initial Term the Agreement shall be
automatically renewed for an additional term of one year, and it shall be similarly renewed on future one-year anniversary dates (“Renewal Terms”) until the Agreement is terminated pursuant to Section 8. The entire term of the
Agreement shall be referred to in this Agreement as the “Employment Period.” 
 3. Location, Travel and
Responsibilities. The Executive shall be assigned to work at the Company’s principal business address, although he will be expected to travel extensively in connection with his duties. The Executive shall use his best efforts in the
Company’s business and at all times shall competently, loyally, and conscientiously perform all of the duties and obligations required of him. The specific duties of the Executive may be set forth in a Company job description; however, in the
absence of a job description, the Executive will be expected to perform those duties and responsibilities typically assigned to the COO of a similarly situated business, as well as any other management responsibilities assigned to him from time to
time. In addition, the Executive shall act in accordance with (i) all duly adopted directives of the Board of Directors of the Company (“Board of Directors”), (ii) all standing instructions for the position of COO which
may be issued by the Company, (iii) all reasonable and lawful requests, directions and/or restrictions of the President and Chief Executive Officer, and (iv) all policies of the Company as prescribed from time to time. Upon termination of
employment, the Executive shall return all Company equipment and other Company property in the Executive’s possession, custody or control, to an authorized Company employee. 

  
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 4. Salary and Incentive Compensation. The compensation for the Executive shall
include both a salary (“Base Salary”) and participation in short term and long term incentive plans. This compensation will be reviewed by the Compensation Committee of the Board of Directors (“Compensation
Committee”) on at least an annual basis, and upon such annual review, may be changed or adjusted as deemed appropriate by the Compensation Committee or by the Board of Directors. The Company agrees that any modification of the
Executive’s salary and incentive compensation will be documented in the official minutes and/or other documentation of the Compensation Committee. 
 a. Base Salary. The Executive shall be paid a salary by the Company (“Base Salary”). The Executive’s Base Salary for his first year of employment shall be $310,000 per year.
This Base Salary shall be reviewed by the Company from time to time. Payroll taxes shall be withheld from all amounts and benefits provided under this Agreement as required by law. The Executive shall be paid his Base Salary at the Company’s
regular payroll intervals. The Executive’s Base Salary may be increased or decreased by the Compensation Committee, in its sole discretion. 
 b. Short Term Incentive Plan. The Executive shall participate in a Short Term Incentive Plan (“STIP”) established by the Compensation Committee, as the STIP may be modified from
time to time. For 2012, his STIP target will be fifty percent (50%) of his Base Salary, or $155,000. Payment under the STIP will be contingent on achieving quantitative and qualitative goals as determined by the Compensation Committee.

 c. Long Term Incentive Plan. The Executive shall participate in a Long Term Incentive Plan (“LTIP”)
established by the Compensation Committee, as the LTIP may be modified from time to time. For 2012, his LTIP target will be one hundred percent (100%) of his Base Salary, or $310,000, to be paid out not in cash, but in Restricted Shares that
will vest over four years in accordance with the following schedule: twenty-five percent (25%) at the end of the second year; twenty-five percent (25%) at the end of the third year; and fifty percent (50%) at the end of the fourth
year. The amount of the payout under the LTIP will be indexed at the same total performance score used to pay the Executive under the STIP. The Compensation Committee may change the LTIP for 2012 and for subsequent years, in its sole discretion, or
retain the LTIP in its present form. 
 5. Sign-on Bonus. As an incentive to accept the terms of this agreement,
the Executive will receive a onetime lump sum payment of $50,000, minus statutory deductions, on the first payroll cycle after the Effective Date. Also, the Executive will be awarded an aggregate of 431 shares of vested Restricted Stock on the
earliest of (a) the consummation of a Change of Control (as defined below); (b) the Date of Termination (as defined below); and (c) thirty-six months after the Effective Date. 

6. Fringe Benefits; Paid Vacation. The Executive shall enjoy the same fringe benefits as other Company executives. He shall
receive fifteen (15) days per year of paid vacation, which shall be earned and taken in accordance with the Company’s vacation policies. 

  
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 7. Reimbursement of Business Expenses. The Company shall reimburse the
Executive, or the Executive shall be entitled to charge to the Company, all reasonable and necessary business expenses incurred in the course of employment by the Executive, where such business expenses are incurred by the Executive as provided
by policies established by the Company. The Executive shall maintain records of such expenses in such form and detail as may be required, and shall make such records available for inspection on request. The Company reserves the right to
require pre-approval of expenses, and will provide notice to the Executive where pre-approval is necessary. 
 8.
Termination. 
 a. Death. The Executive’s employment and the Employment Period shall terminate
automatically upon the Executive’s death, as of the date of death. 
 b. By the Company. The Company may terminate
the Executive’s employment under this Agreement at any time, with or without Cause, by giving thirty (30) days notice of termination to the Executive, or by providing thirty (30) days of pay in lieu of notice. Notice of termination
shall be in writing, and if for Cause, shall indicate the reasons why the termination is for Cause. “Cause” means: 

(i) serious, willful misconduct by the Executive in the discharge of his duties; the Executive’s material failure to carry out and
execute directions from the President, Chief Executive Officer, or Board of Directors; any act or omission by the Executive intended to enrich him, or any other party, in derogation of his duties to the Company; any willful or purposeful act or
omission by the Executive (or any act or omission taken by the Executive in bad faith) having the effect of injuring the business or business relationships of the Company; the Executive’s commission of a crime of moral turpitude, fraud or
misrepresentation; or the Executive’s material breach of this Agreement (the Company may not exercise the right to terminate employment for Cause for breach of this Agreement without first giving the Executive one week’s notice of
circumstances representing Cause and an opportunity to cure through appropriate corrective action); or 
 (ii) the
Executive’s inability to perform duties assigned by the Company due to physical or mental disability, but only after all leaves of absence provided to the Executive by the Company, or required by federal or state law, have been exhausted.

 c. By the Executive. The Executive may terminate employment under this Agreement by submission of a written
resignation giving the Company at least thirty (30) day’s prior notice of termination; following the receipt of such notice, the Company may retain the Executive’s services for the notice period, or release the Executive at any time
after being given notice, in its sole discretion. 
 d. Date of Termination. The “Date of Termination”
means the date of the Executive’s death, or the date the termination of the Executive’s employment under this Agreement is effective. The Employment Period shall end on the Date of Termination. 

  
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 9. Company’s Obligations upon Termination. 

a. By Company Other Than for Cause, by the Executive for Good Reason following a Change of Control. If Company
terminates the Executive’s employment under this Agreement without Cause, or if the Executive resigns for Good Reason following a Change in Control (as those terms are defined below), the Executive shall be entitled to payment by the Company of
a lump sum equal to twelve (12) months of the Executive’s current Base Salary (the “Severance Pay”), which shall be paid in periodic installments on the Company’s regular payroll dates, beginning with the next payroll
date immediately following the 60th day following the Date
of Termination, and payment of Accrued Obligations, as that term is defined below, which shall be paid in the payroll date immediately following the Date of Termination; provided, however, that, notwithstanding the foregoing,
Company’s obligation to make any payment of Severance Pay shall be conditioned upon the Executive’s execution and non-revocation, within 60 days following the Date of Termination, of a general release (“Release”) of any
and all claims against Company and its corporate affiliates and its officers, directors and employees, including all claims arising out of the Executive’s employment with Company and the termination of that employment. In the event that the
Executive decides not to sign the Release within the time period specified above or revokes the Release, the Executive shall not be entitled to Severance Pay, and shall not be deemed to have released any claims against Company; however, the parties
will otherwise be bound by the other obligations imposed by this Agreement. Severance Pay shall be treated as salary for tax purposes by Company, and taxes will be withheld from Severance Pay as required by law. 

(i) “Good Reason” shall mean a termination by the Executive of the Executive’s employment hereunder if
(a) any of the following events occurs without the Executive’s prior consent, (b) Executive notifies the Company in writing that such event has occurred, describing such event in reasonable detail and demanding cure, within 90 days
after the Executive learns of the occurrence of such event, (c) such event is not fully cured within 30 days after the Executive so notifies the Company, and (d) the Date of Termination occurs within 30 days after the failure of the
Company to so cure: (I) a material adverse change in the job title, duties or responsibilities of the Executive, (II) a material adverse change in the Executive’s Base Salary, or (III) the Company’s material breach of this Agreement.

 (ii) A “Change of Control” means the occurrence of one or more of the following events: 

(A) a sale of all or substantially all of the assets of the Company; 

(B) the Company’s merger or consolidation with any legal or natural person, other than a merger or consolidation which would result
in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than fifty percent (50%) of the
combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation; or 

  
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 (C) a change in ownership of the Company through a transaction or series of transactions,
such that any legal or natural person is or becomes the Beneficial Owner (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing more than fifty percent (50%) or more of securities of
the combined voting power of the Company’s then outstanding securities; provided that, for such purposes, (1) any acquisition by the Company, in exchange for the Company’s securities, shall be disregarded, and (2) any acquisition
of securities by the Company’s Affiliates, as that term is defined below, in one transaction or in a series of transactions and regardless of the amount of securities acquired, shall not constitute a change in ownership or Change in Control;

 provided, however, that in no event shall the sale of the Company’s stock as a result of or shortly after an initial
public offering, or changes of legal entity names or location, constitute a Change of Control. 
 b. By Company for Cause: By
Executive Due to Termination or Resignation Other Than For Good Reason following a Change of Control. If the Executive’s employment is terminated by Company for Cause, or the Executive terminates or resigns employment, other than for Good
Reason following a Change of Control, the Company shall pay only the following to the Executive: (i) all Base Salary due through the Date of Termination, (ii) any unpaid bonus compensation for the prior calendar year which is due as of the
Date of Termination, (iii) such additional salary as may be due, under Company’s vacation policy, to compensate the Executive for accrued but unused vacation days as of the Date of Termination, (iv) compensation for any business
expenses, not yet reimbursed, as provided by Company’s business expense reimbursement policies, (v) all compensation due the Executive under the terms of Company’s employee benefit plans, as provided for and required by the terms of
such plans (all such compensation and benefits are referred to collectively in this Agreement as “Accrued Obligations”). Provided, nothing herein is intended to waive, cancel or forfeit any rights to workers compensation benefits or
unemployment compensation benefits earned through Company employment. The Accrued Obligations shall be paid in the payroll date immediately following the Date of Termination. 
 c. Death. If the Executive’s Company employment is terminated by death or disability, Company shall pay the Accrued Obligations to the Executive or to the Executive’s estate or legal
representative, as applicable, but shall have no further obligations, under this Agreement or otherwise, to, or with respect to, the Executive. The Accrued Obligations shall be paid in the payroll date immediately following the Date of Termination.

 10. Restrictive Covenants. 
 a. Covenant of Duty of Loyalty. During the Employment Period, the Executive shall not, without the prior written consent of the Board of Directors, directly or indirectly own, manage, operate,
finance, join, control or participate in the ownership, management, operation, financing, or control of, or be associated as an officer, director, employee, partner, principal, agent, trustee, representative, consultant, or use or permit his name to
be used in connection with, any line of business or enterprise similar to or in competition with 

  
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the business then conducted by the Company or by any of the Company’s Affiliates. The term “Affiliate” shall mean any corporation or other entity that, directly or
indirectly, controls, is controlled by, or is under common control with, the Company. Notwithstanding anything to the contrary contained in this Section 10(a), the foregoing shall not prevent the Executive from acquiring for investment
non-material positions of not more than 5% of the outstanding voting securities of any publicly-traded corporation or of any privately-held company. 
 b. Covenants Applicable in the Event of Resignation or Termination of Employment for Cause. If the Executive resigns or his employment is terminated for Cause, then for two (2) years after the
Date of Termination, the Executive shall not, without the prior written consent of the Company, directly or indirectly: (i) solicit business from a Customer, as defined below, or accept business from a Customer, or refer a Customer to some
entity other than the Company for products or services offered by the Company, or otherwise interfere with the Company’s business relationship with a Customer; or (ii) solicit for employment or attempt to employ, or assist any other entity
in employing or soliciting for employment or attempting to employ, either on a full-time or part-time or consulting basis, any employee or executive (whether salaried or otherwise), who is currently employed by the Company or who was employed by the
Company within two years of the time of solicitation or attempted employment; or (iii) engage in the business of distributing electronics, wireless distribution, logistics or activation, and/or information technology products (the “IT
Business”) in the Latin American and Caribbean markets as part of any business enterprise using a business model similar to that of the Company (“engaging” includes, but is not limited to, being employed by, working for,
providing services to or for, lending assistance to or for, or consulting with or for the benefit of any legal or natural person). The term “Customer” means any current customer of the Company or any business which has been a
customer of the Company at any time during the five-year period preceding the Date of Termination. 
 c. Covenants Applicable
in the Event of Termination by the Company without Cause. If the Executive resigns or his employment is terminated without Cause, then for one (1) year after the Date of Termination, the Executive shall not, without the prior written
consent of the Company, directly or indirectly: (i) solicit business from a Customer, as defined above, or accept business from a Customer, or refer a Customer elsewhere, or otherwise interfere with the Company’s business relationship with
a Customer; or (ii) solicit for employment or attempt to employ, or assist any other entity in employing or soliciting for employment or attempting to employ, either on a full-time or part-time or consulting basis, any employee or executive
(whether salaried or otherwise), who is currently employed by the Company or was employed by the Company within two years of the time of solicitation or attempted employment; or (iii) engage in the IT Business in the Latin American and
Caribbean markets as part of any business enterprise using a business model similar to that of the Company. 
 d. Related
Provisions. The Executive agrees that the rights of the Company provided by Section 10 of this Agreement are special, unique and of extraordinary character and that the Company will be without an adequate remedy at law if the Executive
violates any of those covenants. Accordingly, the Executive agrees that the Company shall be entitled to injunctive relief to enforce such covenants. It is also agreed that each of the covenants set forth

  
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in Section 10 of this Agreement is an agreement independent of any other provisions in this Agreement, and that if any such covenant is held invalid, void or unenforceable, such invalidity,
voidness or unenforceability shall not render any other provision of this Agreement unenforceable. It is the parties’ intent that any covenant held overbroad by any court be enforced to the maximum extent deemed reasonable by that court. The
parties also agree that in the event of breach of one of the covenants in Section 10 by the Executive, the time period associated with the breached covenant shall be extended by the length of time during which the Executive is acting in breach
of the covenant. The existence of any claim of the Executive against the Company, whether based on this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of the Section 10 covenants. 

11. The Executive’s Confidentiality Commitment. The Executive agrees to hold in strict confidence and not divulge to
others nor make use thereof, except for the purposes of the Company, both during and after the Executive’s employment with the Company, any and all Proprietary Information or other confidential information that the Executive obtains in the
course of employment with the Company. All files, letters, memos, reports, sketches, drawings, notebooks or other written material containing such information, that come into the Executive’s custody or possession, shall be and are the exclusive
property of the Company, to be used by the Executive only in the performance of Company duties, and, upon termination of Company employment, the Executive will deliver to the Company all such records and copies thereof in the Executive’s
custody or possession. “Proprietary Information” means information, not generally known, about the Company’s business, work, procedures and “know-how,” including information relating to systems, forms, customers
(including customer lists), vendors (including sources of raw materials), purchasing, marketing, selling and accounting. Proprietary Information includes sources of distribution, financial data, prices, confidential advertising information, and
business plans. 
 12. Inventions. For purposes of this Agreement, “Inventions” shall be defined as
discoveries, improvements and ideas, whether or not patentable, relating to any activities of the Company which the Executive solely or jointly with others conceives or first actually reduces to practice either (i) as a result of any work which
the Executive performs for the Company, (ii) with the use of the time, material or facilities of the Company, or (iii) which relate to the business or Proprietary Information of the Company or to the Company’s actual or demonstrably
anticipated research or development activities. The Executive, with respect to all Inventions, shall promptly and fully inform the Company in writing of such Inventions. All Inventions shall be the property of the Company whether or not the Company
seeks patent protection for them. The Executive agrees to assign (and does hereby assign) to the Company all of the Executive’s rights to such Inventions, and to the applications for letters patent and to letters patent granted upon such
Inventions. In the event that any invention specifically relating to a field of activity of the Company, and not released to the Executive in writing by the Company, is made the subject of a patent application filed by the Executive within one year
after the Executive has left the employment of the Company, such Invention shall be presumed to have been conceived or to have resulted from developments made during the period of the Executive’s employment by the Company, and the Executive
agrees that any such Invention shall belong to the Company. The Executive agrees to acknowledge and deliver promptly to the Company (at its expense) such written instruments and do such other acts as may be necessary in the opinion of the Company to
obtain and maintain letters patent to such Inventions and to vest the entire right and title to them. 

  
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 13. Notices. All notices under this Agreement shall be in writing and shall be
given to the other party or by registered or certified mail, return receipt requested, or by reputable overnight courier, or by personal delivery, where proof of delivery is retained), addressed as follows: 

To the Company: 
 Intcomex, Inc. 
 Attention: Anthony Shalom and/or Michael Shalom 

3505 NW 107th Ave. 
 Miami, FL 33178 
 To the Executive: 

Leopoldo Coronado 
 Street #               8164 SW 186th St 
 City, State, Zip  Miami, FL, 33157 
 Addresses may be changed at any
time on ten (10) days’ prior notice given as provided above. 
 14. General Provisions. 

a. Amendment; Waiver. This Agreement may not be amended or modified except by a writing signed by the Company and by the Executive.
No waiver of any of the provisions of this Agreement shall be deemed, or shall constitute, a waiver of any other provisions, whether or not similar, and no waiver of any other provision shall constitute a continuing wavier. No waiver shall be
binding unless executed in writing by the party making the waiver. 
 b. Entire Agreement. This Agreement is the only
employment agreement between the Executive and Company, and supersedes any prior oral or written employment agreements between the Executive, on the one hand, and Company, on the other hand. 

c. Assignment. The Executive may not assign or delegate any of Executive’s rights or obligations under this Agreement. This
Agreement will inure to the benefit of any and all successors to the business of Company, and Company or Affiliates may assign all or a portion of their rights under this Agreement to any such successor, including all rights provided by Sections 10,
11 and 12 of this Agreement. 

  
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 d. Applicable Law. This Agreement shall be deemed made in the State of Florida and
the rights, remedies, obligations and duties of the parties under this Agreement, shall be governed by, construed in accordance with, and enforced under, the laws of that State. 

e. Submission to Jurisdiction. Both parties agree that all disputes, claims, actions or lawsuits between them, arising out of or
relating to this Agreement, or for alleged breach of this Agreement, shall be heard and determined by a state court sitting in Miami-Dade County, Florida, or by the United States District Court for Southern District of Florida, or by their appellate
courts. The parties expressly submit to the jurisdiction of those courts for adjudication of all such disputes, claims, actions and lawsuits arising out of or relating to this Agreement, or for alleged breach of this Agreement, and agree not to
bring any such action or proceeding in any other court. Both parties waive any defense of inconvenient forum as to the maintenance of any action or proceeding brought pursuant to this section of the Agreement in those courts, and waive any bond,
surety, or other security that might be required of the other party with respect to any aspect of such action, to the extent permitted by law. Provided, however, that either party may bring a proceeding in a different court, jurisdiction or forum to
obtain collection of any judgment, or to obtain enforcement of any injunction or order, entered against the other party. 
 f.
Survival. The Company’s rights under Sections 10, 11 and 12 shall survive termination of the employment relationship, and the Executive’s rights under Section 9 shall also survive termination of the employment relationship, and
Sections 13 and 14 shall survive as well. After the Date of Termination, if the Company discovers facts or circumstances indicating serious misconduct by the Executive amounting to Cause, it shall have the right to convert a prior termination
without Cause into a termination for Cause, and in the event the termination for Cause was appropriate, recover any Severance Pay previously paid to the Executive. 
 g. Section 409A. The parties intend that any amounts payable hereunder comply with or are exempt from Section 409A of the Code (“Section 409A”) (including under Treasury
Regulation §§ 1.409A-l(b)(4) (“short-term deferrals”) and (b)(9) (“separation pay plans,” including the exceptions under subparagraph (iii) and subparagraph (v)(D)) and other applicable provisions of Treasury
Regulation §§ 1.409A-1 through A-6). For purposes of Section 409 A, each of the payments that may be made under this Agreement shall be deemed to be a separate payment for purposes of Section 409A. The Company and Executive agree
to negotiate in good faith to make amendments to the Agreement, as the parties mutually agree are necessary or desirable to avoid the imposition of taxes, penalties or interest under Section 409 A. Neither the Company nor Executive shall have
the right to accelerate or defer the delivery of any such payments or benefits except to the extent specifically permitted or required by Section 409A. With respect to the time of payments of any amounts under the Agreement that are
“deferred compensation” subject to Section 409A, references in the Agreement to “termination of employment” (and substantially similar phrases) shall mean “separation from service” within the meaning of
Section 409A. For the avoidance of doubt, it is intended that any expense reimbursement made to Executive hereunder shall be exempt from Section 409A. Notwithstanding the foregoing, if any expense reimbursement made hereunder shall be

  
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 determined to be “deferred compensation” within the meaning of Section 409A, then
(i) the amount of the indemnification payment or expense reimbursement during one taxable year shall not affect the amount of the expense reimbursement during any other taxable year, (ii) the expense reimbursement shall be made on or
before the last day of Executive’s taxable year following the year in which the expense was incurred and (iii) the right to expense reimbursement hereunder shall not be subject to liquidation or exchange for another benefit. 

h. Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed an original and said
counterparts shall constitute but one and the same instrument. 
  

									
	By:	 	 /s/ Leopoldo Coronado
	 		 	By:	 	 /s/ Michael F. Shalom

		 	Leopoldo Coronado	 		 		 	 Intcomex, Inc.
 Authorized
Representative

  
 10EX-10.38

 Exhibit 10.38 
 SECOND AMENDMENT TO LEASE 
 THIS AGREEMENT, made and
entered into by and between LIT INDUSTRIAL LIMITED PARTNERSHIP, a Delaware limited partnership, first party, (hereinafter referred to as “Landlord”), and SOFTWARE BROKERS OF AMERICA, INC, d/b/a INTCOMEX, a Delaware corporation, second
party, (hereafter referred to as “Tenant”), this 18th day of October, 2011. 
 W I T N E S
S E T H: 
 WHEREAS, under date of May 12, 2006, Landlord and Tenant
entered into a Lease Contract (hereinafter referred to as “Lease”), for an original term of one hundred twenty-three (123) months, commencing December 19, 2006 covering premises (the “Premises”) consisting of 221,021
Square Feet of office and warehouse space located at 3505 NW 107th Avenue, Miami, Florida (Building No. 400110). 
 WHEREAS, Substantial
completion the Landlords’ improvements occurred on March 12, 2007 and Tenant took possession of the Premises on April 29, 2007. 
 WHEREAS, by the Memorandum of Commencement Date letter dated June 1, 2007 (the “First Amendment”) the commencement date for the Lease was confirmed as April 29, 2007, and ending
July 31, 2017. 
 WHEREAS, Tenant has continued to occupy the Premises under the provisions of the Lease, as amended.

 WHEREAS, Tenant now desires through this Second Amendment to Lease to (i) decrease the Premises by 48,095 Square Feet
(the “Surrendered Premises”), for a new total Premises size of 172,926 Square Feet effective September 1, 2011; (ii) modify the base rent for the period of September 1, 2011 through July 31, 2017; (iii) extend the
term of the Lease for an additional forty-nine (49) months with said extended term having a Commencement Date of August 1, 2017, and ending date of August 31, 2021; and (iv) to reset the base year for operating expenses.

 NOW THEREFORE, in consideration of One ($1.00) Dollar paid by each party to the other, the parties do hereby agree as
follows: 
 A. PREMISES – As of September 1, 2011, the Total Premises shall consist of that certain portion of the
building together with “Tenant’s Exclusive Loading Areas” shown cross-hatched on EXHIBIT “A” (“Site Plan”) dated February 22, 2008 as last revised September 13, 2011 and by this reference is made a part
hereof is described as follows: 
 Approximately 172,926 Square Feet of previously occupied office and
warehouse space located at 3505 NW 107th Street, (the
“Premises”) as shown in EXHIBIT “A” attached hereto and being all or a portion of the building commonly known as International Distribution Center at Doral (IDC at Doral) as 3505 NW 107th Avenue, Doral Florida (the “Building”) (Building #400110)
containing 385,818 Square Feet. Said Building is in the International Distribution Center at Doral in the City of Doral, Miami-Dade County, Miami, Florida. 
 B. MODIFIED TERM AND EXTENDED TERM (SIXTY-ONE [61] MONTHS) – The term of the Lease, as previously amended and modified herein, shall be extended for an additional period of sixty-one
(61) months, with said Extended Term to commence on August 1, 2017 and to end on August 31, 2021, on the same terms, covenants and conditions as set forth in the Lease, except that the monthly rental payable monthly in advance for the
172,926 Square Feet during the Modified and Extended Term shall be: 
  

					
	 $152,872.86 monthly
 in
advance
	  	 SEPTEMBER 1, 2011 THROUGH NOVEMBER 30, 2011
 ONE HUNDRED FIFTY-TWO THOUSAND, EIGHT HUNDRED SEVENTY-TWO AND 86/100 DOLLARS
	  	Three (3)
Months
			
	 $119,607.15 monthly
 in
advance
	  	 DECEMBER 1, 2011 THROUGH AUGUST 31. 2012
 ONE HUNDRED NINETEEN THOUSAND, SIX HUNDRED SEVEN AND 15/100 DOLLARS
	  	Nine (9)
Months
			
	 $122,345.15 monthly
 in
advance
	  	 SEPTEMBER 1, 2012 THROUGH AUGUST 31, 2013
 ONE HUNDRED TWENTY-TWO THOUSAND, THREE HUNDRED FORTY-FIVE AND 15/100 DOLLARS
	  	Twelve (12)
Months

  
 SOFTWARE BROKERS OF AMERICA,
INC. 
 d/b/a Intcomex 
 Second
Amendment to Lease 
 Page 2 
  

					
	 $125,083.14 monthly
 in
advance
	  	 SEPTEMBER 1, 2013 THROUGH AUGUST 31, 2014
 ONE HUNDRED TWENTY-FIVE THOUSAND, EIGHTY-THREE AND 14/100 DOLLARS
	  	Twelve (12)
Months
			
	 $127,965.24 monthly
 in
advance
	  	 SEPTEMBER 1, 2014 THROUGH AUGUST 31, 2015
 ONE HUNDRED TWENTY-SEVEN THOUSAND, NINE HUNDRED SIXTY-FIVE AND 24/100 DOLLARS
	  	Twelve (12)
Months
			
	 $130,847.34 monthly
 in
advance
	  	 SEPTEMBER 1, 2015 THROUGH AUGUST 31, 2016
 ONE HUNDRED THIRTY THOUSAND, EIGHT HUNDRED FORTY-SEVEN AND 34/100 DOLLARS
	  	Twelve (12)
Months
			
	 $133,729.44 monthly
 in
advance
	  	 SEPTEMBER 1, 2016 THROUGH AUGUST 31, 2017
 ONE HUNDRED THIRTY-THREE THOUSAND, SEVEN HUNDRED TWENTY-NINE AND 44/100 DOLLARS
	  	Twelve (12)
Months
			
	 $136,755.65 monthly
 in
advance
	  	 SEPTEMBER 1, 2017 THROUGH AUGUST 31. 2018
 ONE HUNDRED THIRTY-SIX THOUSAND, SEVEN HUNDRED FIFTY-FIVE AND 65/100 DOLLARS
	  	Twelve (12)
Months
			
	 $139,781.85 monthly
 in
advance
	  	 SEPTEMBER 1, 2018 THROUGH AUGUST 31, 2019
 ONE HUNDRED THIRTY-NINE THOUSAND, SEVEN HUNDRED EIGHTY-ONE AND 85/100 DOLLARS
	  	Twelve (12)
Months
			
	 $142,952.16 monthly
 in
advance
	  	 SEPTEMBER 1, 2019 THROUGH AUGUST 31, 2020
 ONE HUNDRED FORTY-TWO THOUSAND, NINE HUNDRED FIFTY-TWO AND 16/100 DOLLARS
	  	Twelve (12)
Months
			
	 $146,122.47 monthly
 in
advance
	  	 SEPTEMBER 1, 2020 THROUGH AUGUST 31, 2021
 ONE HUNDRED FORTY-SIX THOUSAND, ONE HUNDRED TWENTY-TWO AND 47/100 DOLLARS
	  	Twelve (12)
Months

 C. BASE YEAR – Effective September 1, 2011, Base Year Expenses and Base Year Taxes (“Base
Year”) as referenced in the Lease shall be modified as to define the Base Year to be January 1, 2011 through December 31, 2011. 
 D. PREPARATION OF PREMISES / ACCEPTANCE OF PREMISES: After proper execution of this Second Amendment to Lease by Landlord and Tenant, Landlord shall promptly furnish all labor and material
(“Landlord’s Work”) as necessary to demise and deliver the Premises pursuant to all applicable building and fire code. Landlord shall deliver the mechanical, electrical and plumbing systems in Tenant’s Premises impacted by the
demising of the Premises, in any, in good operational order as shown on EXHIBIT “A” hereof, and by this reference made a part hereof, and which plans identify the work to be completed by Landlord with respect to the requirements of this
Amendment. Landlord shall construct the demining partition wall along the “centerline” of the existing vertical structural columns except for the most northern bay as noted on EXHIBIT “A”. Except for the foregoing, Tenant
previously accepted the Premises “WHERE IS, AS IS”. 
 (1) Tenant will cooperate with Landlord in allowing Landlord
to construct a new demising wall separating Tenant’s Premises from the contiguous 48,095 square foot space, and will cooperate with Landlord in allowing Landlord to separate utilities between the two spaces as well. Tenant acknowledges that
despite Landlord’s reasonable efforts to prevent any disruption to Tenant’s business due to infiltration of noise, odors, dirt, dust, debris, etc., due to the nature of construction, it is possible that Tenant’s premises may be
impacted by the construction process, and Landlord shall not be liable to Tenant in any way as a result of the construction. 

In addition, Landlord, at Landlord’s sole cost and expense, will repair the mid panel floor cracks pursuant to the recommendations
of Landlord’s consultant, as attached hereto as EXHIBIT “P” and by this reference made a part hereof. Landlord, within thirty (30) days after execution of this Second Amendment shall provide Tenant with a schedule for such floor
repairs, which Landlord will use reasonable efforts to complete said work within thirty-six (36) months. Landlord agrees to repair and caulk the control joints in the high traffic areas to minimize the deterioration (cracking and spalling) of
the joints. 

  
 SOFTWARE BROKERS OF AMERICA,
INC. 
 d/b/a Intcomex 
 Second
Amendment to Lease 
 Page 3 
  

 
Tenant agrees that should the mid panel cracks reoccur after Landlord’s repair in the same areas identified on EXHIBIT “P”, that Landlord and Tenant will readdress Tenant’s
material handling equipment and the potential modification or replacement of equipment to minimize the stress on the floor. 

(2) Tenant shall have the obligation to relocate thirteen (13) lighting fixtures, hanging fans and security equipment and shall
remove the pneumatic system and IT cabling and Guard House from within the Surrendered Premises (“Personal Property”). Tenant, shall manage the work in the Surrendered Premises or at Tenant’s option may hire and use a project manager
to manage the work in the Surrendered Premises. Landlord shall be entitled to approve Tenant’s Contractor (as hereinafter defined). Tenant, through its project manager, contractor(s) and agents (collectively, “Tenant’s
Contractor”) shall furnish all labor and material (collectively, “Tenant’s Work”) as necessary to remove such Personal Property from the Surrendered Premises. At Landlord’s sole cost and expense, Project oversight of the
Tenant’s work shall be provided by a third-party representative of Landlord’s choice. Except for Landlord’s Work, Tenant previously accepted the Premises under the provisions of the Lease “WHERE IS, AS IS”. In the event that
both Landlord and Tenant are simultaneously conducting Landlord’s Work and Tenant’s Work, respectively, in the Surrendered Premises, Landlord and Tenant agree to use good faith efforts to avoid any interference with the work of the other
party. If any such simultaneous work causes interference with the work of the other party, upon the request of either party, the other party shall use commercially reasonable efforts to remove the cause of such interference. The following shall
apply to Tenant’s Work: 
 (a) All Tenant’s Work shall be in full compliance with all applicable building codes,
including the ADA and its related rules and regulations, and be compatible with all insurance regulations for the Premises. 

(b) All materials and workmanship in connection with Tenant’s Work will be of first-class quality in keeping with Landlord’s
standards for the Building in which the Premises are located. If the operation of the Building or any of its equipment is in any way adversely affected by reason of Tenant’s Work, Tenant, at its expense, will use commercially reasonable efforts
to remove the cause thereof upon Landlord’s request. 
 (c) Tenant is solely responsible for the completion of all of
Tenant’s Work to the Premises in a timely manner. 
 (d) At all times during the progress of
Tenant’s Work, Landlord will be entitled to have a representative present on the site for supervision and inspection
purposes, and Landlord’s representative will have unrestricted access to all parts of the Premises. Such presence, inspection and/or supervision, however, will not impose any
obligation whatsoever on Landlord or Landlord’s representative nor render Landlord or Landlord’s representative liable in any way for improper work or faulty materials. 

 

			
	Note:	  	Tenant shall be responsible for moving all furniture and equipment so that the above Landlord’s Work can be performed, and Tenant shall make the space available between 8:00 AM
and 5:00 PM, Monday through Friday.

 E. RENEWAL OPTION – Provided this Lease is in full force and effect at the expiration of the
Term [August 1, 2017 through August 31, 2021, and provided that Tenant is not then in Default beyond any applicable cure period, the Lease term shall be further extended at the option of Tenant (the “Renewal Option”) for an additional
period of five (5) years [September 1, 2021 through August 31, 2026] (the “Extended Term”); and provided the Lease, as amended, is in full force and effect at the expiration of the first five (5) year Extended Term; and
provided that Tenant is not then in Default beyond any applicable cure period, the term of the Lease, as amended, shall be further extended at the option of Tenant (the “Second Renewal Option”) for an additional period of five
(5) years [September 1, 2021 through August 31, 2031] (the “Second Extended Term”); with each next ensuing five (5) year Renewal Option immediately following the expiration of the then current term, on the same terms,
covenants and conditions as set forth herein, except that the Renewal Option provided for by this Paragraph E. shall not be part of the Lease during each Extended Term. The annual Base Rent during each Extended Term shall be the then “Market
Rent” for comparable 

  
 SOFTWARE BROKERS OF AMERICA,
INC. 
 d/b/a Intcomex 
 Second
Amendment to Lease 
 Page 4 
  

 
space in the area as reasonably determined by Landlord by taking into account, among other things, the location of the Premises, quality of construction, stacking height, quality and type of
paving, sprinkler system, bay sizes, landscaping, age of improvements, and comparable obligations of Landlord. Tenant shall give Landlord written notice not more than twelve (12) months and not less than nine (9) months prior to the of the
each term and each subsequent Extended Term of Tenant’s desire to exercise the Renewal Option, and Tenant’s failure to timely exercise the Renewal Options provided for herein shall result in a waiver of such Renewal Options, it being
specifically acknowledged by Tenant that time is of the essence with regard to each of the Renewal Options; provided further, that each of the Renewal Options provided for herein shall be terminated if and when this Lease is terminated, or if and
when the Tenant is in Default hereunder at any time beyond any cure period stated in the Lease. 
 F. PARKING –
Section 14. Parking shall be modified to reflect that the Tenant shall relinquish the fifty-one (51) automobile parking spaces identified and cross-hatched on EXHIBIT “N” (Parking Plan) which shall supplement EXHIBIT
“H” (Exclusive Parking Area) and EXHIBIT “H-1” (Conversion Area) of the Lease. 
 G. SECURED AREA – As defined in EXHIBIT “A”, Tenant shall have the right but not the obligation to secure its Exclusive Loading Area on the north side of the Building. Tenant shall
at all times during the term of the Lease or any extensions thereof have access to its Premises through the north east entrance from NW 36th Street. Tenant shall be granted the right to an Exclusive Loading Area, on the south side of the Building with access
from the 107th Avenue driveway to include the trash
compactor area and five (5) loading positions: one adjacent to the compactor and four on the Loading Platform as defined in EXHIBIT “O” (Loading /Secured Area). Tenant at Tenant’s cost, shall have the right to fence the
“shaded/cross-hatched area” with a gate locking system to match the existing chain link fenced used at the building. 

H. MISCELLANEOUS – Section 34. Miscellaneous (c) of the Lease shall be modified to change the address for
Landlord to: Clarion Partners / LIT Industrial Limited Partnership, 30 Ivan Allen Jr. Boulevard, Suite 950, Atlanta, Georgia, 30308 ATTENTION: Asset Manager. 
 I. RIGHT OF FIRST OPPORTUNITY (RFO) AND RIGHT TO EXPAND – Effective September 1, 2011, EXHIBIT “F-1” (Right of First Offer) and EXHIBIT “F-2” (Option to
Expand) of the Lease shall be null and void. 
 J. OPTION TO TERMINATE – Effective September 1, 2011,
EXHIBIT “I” (Termination Option) of the Lease shall be null and void. 
 Except as herein expressly modified or
amended, the terms and conditions of the Lease, as previously amended, are hereby ratified and confirmed; provided, however, that to the extent, if any, that the terms, and the provisions of this Second Amendment to Lease conflict with the terms in
the Lease, as previously amended, this Second Amendment to Lease shall control and supersede such Lease, as previously amended. 

[Signatures follow on next page] 

  
 SOFTWARE BROKERS OF AMERICA,
INC. 
 d/b/a Intcomex 
 Second
Amendment to Lease 
 Page 5 
  

 IN WITNESS WHEREOF, the parties herein have hereunto set their hands and seals the day and
year first above written. 
  

							
	Signed, sealed and delivered as of the 2nd
day of December, 2011, as to Landlord, in the presence of:	 		 	 LIT INDUSTRIAL LIMITED PARTNERSHIP,
 a Delaware limited partnership

				
		 		 	By:	 	LIT Holdings GP, L.L.C.,
	 /s/ Unknown
	 		 		 	a Delaware limited liability company, its sole general partner
	Witness #1	 		 		 	
				
		 		 	By:	 	Lion Industrial Properties, L.P.,
	 /s/ Unknown
	 		 		 	a Delaware limited partnership, its sole member
	Witness #2	 		 		 	
				
		 		 	By:	 	LIT GP Sub, LLC,
		 		 		 	a Delaware limited liability company, its sole general partner
				
		 		 	By:	 	Lion Industrial Trust, a Maryland real estate
		 		 		 	investment trust, its sole member and manager
				
		 		 	By:	 	 /s/ Thomas J. Flanigan

							
		 		 	Name:	 	 THOMAS J. FLANIGAN

							
		 		 	Title:	 	 Authorized Signatory

							
			
	Signed, sealed and delivered as of the
23rd day of NOVEMBER, 2011, as to Tenant, in the presence
of:	 		 	 SOFTWARE BROKERS OF AMERICA, INC.
 d/b/a Intcomex, a Delaware corporation

				
	 /s/ Unknown
	 		 	By:	 	 /s/ Russell A. Olson

							
	Witness #1	 		 	Name:	 	 Russell A. Olson

							
		 		 	Title:	 	 CFO

				
	 /s/ Unknown
	 		 		 	
	Witness #2 11/23/11	 		 		 	

 Exhibit A 
 Site Plan 
  
 

 

 Exhibit N 
 Parking Plan 
  
 

 

 Exhibit O 
 Loading/Secured Area 
  
 

 

 Exhibit Q 
 Mid Panel Floor Crack Repair Recommendations

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