Document:

Third Amendment to Lease

 EXHIBIT 10.1 
  
 THIRD AMENDMENT TO LEASE 
  
 THIS THIRD AMENDMENT TO LEASE (this “Third Amendment”) is dated as of March 15, 2005 (the “Effective Date”), between CARR DEVELOPMENT &
CONSTRUCTION, L.P., a Delaware limited partnership (“Lessor”), successor in interest to CRV PARTNERS, L.P., a limited partnership (“CRV”), successor in interest to AGBRI NANCY RIDGE, LLC, a Delaware limited liability company
(“Original Lessor”), and CARDIODYNAMICS INTERNATIONAL CORPORATION, a California corporation (“Lessee”). 
  
 RECITALS 
  
 Original Lessor and Lessee entered the Original Lease as of 20 June 1997, under which Lessor leased the Original Premises to Lessee. The Original Lease was subsequently amended by the First Amendment and by the Second
Amendment. 
  
 Lessor and Lessee desire to amend the Lease to extend the term of
the Lease, among other things, subject to the terms and conditions set forth herein. 
  
 NOW THEREFORE, in consideration of the foregoing recitals, the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lessor and Lessee
agree, and amend the Lease, as follows. 
  

	1.	Definitions 

  
 Terms not defined in this Section but which are capitalized throughout this Third Amendment have the meanings stated in the Original Lease, as amended by the First Amendment and by the Second Amendment. 
  
 “Building” means the building at 6175 Nancy Ridge Drive, San Diego,
California. 
  
 “First Amendment” means Amendment No.1 to the
Original Lease, dated March 21, 2002, executed by and between CRV and Lessee. 
  
 “Lease” means the Original Lease as amended by the First Amendment, by the Second Amendment and by this Third Amendment. 
  
 “Original Lease” means the “Commercial Multi-Tenant Lease – Modified Net” effective as of 20 June 1997, under which Lessor leased the
Original Premises to Lessee. 
  
 “Second Lease Amendment” means
Second Amendment to Lease, dated June 28, 2004, executed by and between Lessor and Lessee. 
  

	2.	Term 

  
 Section 1.3 of the Lease is hereby amended to include the following: 
  
 The term of the Lease is hereby extended from its scheduled expiration date of 31 December 2007 under the Second Amendment up to and including 31 December
2009 (“Further Extended Term”). 
  

	3.	Base Rent 

  
 (a) Base Rent for Original Premises Notwithstanding any other provisions of the Lease or the First Amendment or Second Amendment, commencing
on August 1, 2004, Lessee shall pay monthly Base Rent (on a triple net basis) for the Original Premises as follows: 
  

																
	 Rental Period

	  	Square
Footage

	  	Monthly Base
Rent Rate

	  	Monthly Base
Rent

	  	Annual Base
Rent Rate

	  	Annual Base
Rent

	 
	 8/1/04 – 7/31/07
	  	17,779	  	$	1.11	  	$	19,675.43	  	$	13.22	  	$	236,105.12	 
	 8/1/07 – 7/31/08
	  	17,779	  	$	1.22	  	$	21,705.20	  	$	14.64	  	$	260,462.35	 
	 8/1/08 – 7/31/09
	  	17,779	  	$	1.26	  	$	22,356.35	  	$	15.12	  	$	268,276.22	 
	 8/1/09 – 12/31/09
	  	17,779	  	$	1.30	  	$	23,027.04	  	$	15.60	  	$
 
 	115,135.20
(prorated
partial year	 
 
)

  
 (b) Base Rent
for Expansion Space Notwithstanding any other provisions of the Lease or the First Amendment or Second Amendment, commencing on November 1, 2004, Lessee shall pay monthly Base Rent (on a triple net basis) for the Expansion Space as follows:

  

																
	 Rental Period

	  	Square
Footage

	  	Monthly Base
Rent Rate

	  	Monthly
Base Rent

	  	Annual Base
Rent Rate

	  	Annual Base
Rent

	 
	 11/1/04 – 10/31/05
	  	15,003	  	$	0.47	  	$	6,976.40	  	$	5.64	  	$	83,716.74	 
	 11/1/05 – 10/31/06
	  	15,003	  	$	0.92	  	$	13,727.75	  	$	11.04	  	$	164,732.94	 
	 11/1/06 – 10/31/07
	  	15,003	  	$	0.94	  	$	14,139.58	  	$	11.28	  	$	169,674.93	 
	 11/1/07 – 10/31/08
	  	15,003	  	$	0.97	  	$	14,563.76	  	$	11.64	  	$	174,765.18	 
	 11/1/08 – 10/31/09
	  	15,003	  	$	1.00	  	$	15,000.68	  	$	12.00	  	$	180,008.13	 
	 11/1/09 – 12/31/09
	  	15,003	  	$	1.00	  	$	15,000.68	  	$	12.00	  	$
 
 	30,001.36
(prorated
partial year	 
 
)

  
 4. TI Allowance for
Premises Lessor shall make available to Lessee a tenant improvement allowance equal to $196,692 (the “Additional TI Allowance”) for the construction of improvements (collectively, the “Additional Tenant Improvements”) to
the Original Premises and the Expansion Space desired by and to be performed by Lessee (subject to Lessor’s supervision). Lessee acknowledges and agrees that Lessee shall be entirely responsible for the planning and construction process of the
Additional Tenant Improvements and that Lessee shall be required to seek Lessor’s 

  

 
prior written consent to the final space plan and construction drawings, which consent shall not be unreasonably withheld. Upon the expiration of the term of
the Lease, the Additional Tenant Improvements shall become the property of Lessor and may not be removed by Lessee. Except for the Additional TI Allowance, Lessee shall be solely responsible for all of the costs of the Additional Tenant
Improvements. The Additional Tenant Improvements shall be treated as Alterations and shall be undertaken pursuant to Section 7 of the Original Lease. Lessee may engage its own architect or space planner for the new Additional Tenant Improvements,
subject to Lessor’s reasonable approval, whose cost shall be paid for as part of the Additional TI Allowance. Lessor shall fund the Additional TI Allowance upon completion of the Additional Tenant Improvements and upon presentation to Lessor of
a draw request containing unconditional lien waivers and such other documents as Lessor and Lessee agree are customary for construction projects in the San Diego area. Promptly following completion of the Additional Tenant Improvements and prior to
funding by Lessor, Lessee shall provide to Lessor: (i) sworn statements setting forth the names of all contractors and subcontractors who did the work on the Additional Tenant Improvements and final lien waivers from all such contractors and
subcontractors; and (ii) a certificate of occupancy and “as built” plans for the Additional Tenant Improvements. 
  
 5. Right to Extend The Original Lease’s Extension Option Rider is hereby deemed renewed as of the Effective Date of this Third Amendment as follows:

  

	 	(i)	Extension Option Rider 

  

	 	(a)	Rider Effective Date shall be the Effective Date of this Third Amendment to Original Lease; 

  

	 	(b)	Exercise of Option Notice must be given not more than thirteen (13) and no less than six (6) months prior to the end of the Further Extended Term as defined by Section 2 of this
Third Amendment; 

  

	 	(c)	All references to the “term” or “initial Term” shall be revised to read “Further Extended Term as defined by Section 2 of the Third Amendment to Original
Lease”. 

  
 6. Brokers Each party warrants that
it knows of no broker or agent who is or might be entitled to a commission in connection with this Third Amendment. Lessee shall indemnify and defend Lessor against any claims by any broker or third party claiming through Lessee for any payment of
any kind in connection with this Third Amendment. 
  
 7. Governing
Law This Third Amendment shall be governed by, and construed and enforced in accordance with, the laws of the State of California. 
  
 8. Counterparts This Third Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed to be an
original and all of which counterparts taken together shall constitute but one and the same instrument. Signature pages may be detached from the counterparts and attached to a single copy of this Third Amendment to physically form one document.

  
 9. Reaffirmation of Obligations Lessor and Lessee each hereby
acknowledge and reaffirm all of their respective obligations under the Lease, as such Lease has been amended by this Third Amendment, and agree that any reference made in any other document to the Lease shall mean the Original Lease as amended
pursuant to the First Amendment, the Second Amendment and this Third 

  

 
Amendment. Except as expressly provided herein, the Lease remains unmodified and in full force and effect. The Lease shall remain in full force and effect
and binding upon the parties hereto and the Premises except as otherwise addressed herein. Any breach of this Third Amendment, including any exhibit hereto, shall constitute a breach and default under the Lease. 
  
 10. Miscellaneous Time is of the essence in this Lease and each and all of its
provisions. The agreements, conditions and provisions herein contained shall apply to and bind the heirs, executors, administrators, successors and assigns of the parties hereto. If any provisions of this Lease shall be determined to be illegal or
unenforceable, such determination shall not affect any other provision of the Lease and all such other provisions shall remain in full force and effect. If there is any inconsistency between the provisions of this Third Amendment and the other
provisions of the Lease, the provisions of this Third Amendment shall control with respect to the subject matter of this Third Amendment. This Third Amendment constitutes a part of the Original ease and is incorporated by this reference. 

 
 IN WITNESS WHEREOF, Lessor and Lessee have caused this Third Amendment to be duly executed
and delivered as of the date first above written. 
  

			
	 “LESSOR”

	
	 CARR DEVELOPMENT & CONSTRUCTION,
 L.P., a Delaware limited partnership

		
	By:	 	 CDC Texas Holdings, LLC,
 a Delaware limited liability
company,
 its general partner

		
	By:	 	 CARC Properties, LLC,
 a Delaware limited
liability
 company, its sole member

		
	By:	 	 CarrAmerica Realty
 Operating Partnership,
L.P.,
 a Delaware limited partnership, its sole member

		
	By:	 	 CarrAmerica Realty Corporation, a
 Maryland
corporation,
 its general partner

		
	By:	 	 /s/ W.M. O’Donnell, JR

	 Name:
	 	 W.M. O’Donnell, JR

	 Title:
	 	 Managing Director

  

			
	 “LESSEE”

	
	 CARDIODYNAMICS INTERNATIONAL
 CORPORATION,
 a California corporation

		
	By:	 	 /s/ Steve P. Loomis

	 Name:
	 	 Steve P. Loomis

	 Title:
	 	 CFOAmended and Restated 2003 Employee Stock Purchase Plan

 Exhibit 10.1 
  
 SYNNEX CORPORATION 
  
 2003 EMPLOYEE STOCK PURCHASE PLAN 
  
 (As amended and restated effective March 31, 2005) 

 Table of Contents 
  

					
	 	  	 	  	Page

	 SECTION 1
	  	        Purpose Of The Plan	  	1
			
	 SECTION 2
	  	        Definitions.	  	1
	 (a)
	  	“Board”	  	1
	 (b)
	  	“Code”	  	1
	 (c)
	  	“Committee”	  	1
	 (d)
	  	“Company”	  	1
	 (e)
	  	“Compensation”	  	1
	 (f)
	  	“Corporate Reorganization”	  	1
	 (g)
	  	“Eligible Employee”	  	2
	 (h)
	  	“Exchange Act”	  	2
	 (i)
	  	“Fair Market Value”	  	2
	 (j)
	  	“IPO”	  	2
	 (k)
	  	“Offering Period”	  	2
	 (l)
	  	“Participant”	  	2
	 (m)
	  	“Participating Company”	  	2
	 (n)
	  	“Plan”	  	3
	 (o)
	  	“Plan Account”	  	3
	 (p)
	  	“Purchase Price”	  	3
	 (q)
	  	“Stock”	  	3
	 (r)
	  	“Subsidiary”	  	3
			
	 SECTION 3
	  	        Administration Of The Plan	  	3
	 (a)
	  	Committee Composition	  	3
	 (b)
	  	Committee Responsibilities	  	3
			
	 SECTION 4
	  	        Enrollment And Participation	  	3
	 (a)
	  	Offering Periods	  	3
	 (b)
	  	Enrollment	  	3
	 (c)
	  	Duration of Participation	  	3
			
	 SECTION 5
	  	        Employee Contributions	  	4
	 (a)
	  	Frequency of Payroll Deductions	  	4
	 (b)
	  	Amount of Payroll Deductions	  	4
	 (c)
	  	Changing Withholding Rate	  	4
	 (d)
	  	Discontinuing Payroll Deductions	  	4
	 (e)
	  	Limit on Number of Elections	  	5
			
	 SECTION 6
	  	        Withdrawal From The Plan	  	5
	 (a)
	  	Withdrawal	  	5
	 (b)
	  	Re-enrollment After Withdrawal	  	5
			
	 SECTION 7
	  	        Change In Employment Status	  	5
	 (a)
	  	Termination of Employment	  	5

  

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	 (b)
	 	Leave of Absence	  	5
	 (c)
	 	Death	  	5
			
	 SECTION 8
	 	        Plan Accounts And Purchase Of Shares	  	5
	 (a)
	 	Plan Accounts	  	5
	 (b)
	 	Purchase Price	  	5
	 (c)
	 	Number of Shares Purchased	  	6
	 (d)
	 	Available Shares Insufficient	  	6
	 (e)
	 	Issuance of Stock	  	6
	 (f)
	 	Unused Cash Balances	  	7
	 (g)
	 	Stockholder Approval	  	7
			
	 SECTION 9
	 	        Limitations On Stock Ownership	  	7
	 (a)
	 	Five Percent Limit	  	7
	 (b)
	 	Dollar Limit	  	7
			
	 SECTION 10
	 	        Rights Not Transferable	  	8
			
	 SECTION 11
	 	        No Rights As An Employee	  	8
			
	 SECTION 12
	 	        No Rights As A Stockholder	  	8
			
	 SECTION 13
	 	        Securities Law Requirements	  	8
			
	 SECTION 14
	 	        Stock Offered Under The Plan	  	9
	 (a)
	 	Authorized Shares	  	9
	 (b)
	 	Antidilution Adjustments	  	9
	 (c)
	 	Reorganizations	  	9
			
	 SECTION 15
	 	        Amendment Or Discontinuance	  	9
			
	 SECTION 16
	 	        Execution	  	9

  

 - ii - 

 SYNNEX CORPORATION 
  
 2003 EMPLOYEE STOCK PURCHASE PLAN 
  
 (as amended and restated effective March 31, 2005) 
  
 SECTION 1 Purpose Of The Plan 
  
 The Plan was adopted by the Board on September 2, 2003, effective as of the date of the IPO. The Plan is hereby amended and restated effective March 31,
2005. The purpose of the Plan is to provide Eligible Employees with an opportunity to increase their proprietary interest in the success of the Company by purchasing Stock from the Company on favorable terms and to pay for such purchases through
payroll deductions. The Plan is intended to qualify under section 423 of the Code. 
  
 SECTION 2 Definitions. 
  
 (a)
“Board” means the Board of Directors of the Company, as constituted from time to time. 
  
 (b) “Code” means the Internal Revenue Code of 1986, as amended. 
  
 (c) “Committee” means a the Compensation Committee of the Board, as described in Section 3. 
  
 (d) “Company” means SYNNEX Corporation, a Delaware
Corporation. 
  
 (e) “Compensation” means (i) the
compensation paid in cash to a Participant by a Participating Company, including salaries, wages, incentive compensation, bonuses, overtime pay and shift premiums, plus (ii) any pre-tax contributions made by the Participant under section 401(k) or
125 of the Code. “Compensation” shall exclude all non-cash items, commissions, moving or relocation allowances, cost-of-living equalization payments, car allowances, tuition reimbursements, imputed income attributable to cars or life
insurance, severance pay, fringe benefits, contributions or benefits received under employee benefit plans, income attributable to the exercise of stock options, and similar items. The Committee shall determine whether a particular item is included
in Compensation. 
  
 (f) “Corporate
Reorganization” means: 
  
 (i) The
consummation of a merger or consolidation of the Company with or into another entity or any other corporate reorganization in which the Company’s stockholders immediately prior thereto own less than 50% of the voting securities of the Company
(or its successor or parent) immediately thereafter; or 
  

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 (ii) The sale, transfer or other disposition of all or substantially all of the
Company’s assets or the complete liquidation or dissolution of the Company. 
  
 (g) “Eligible Employee” means any employee of a Participating Company, whose customary employment is for more than five months per calendar year and for more than 20 hours per week, other than those
individuals ranked associate vice president or higher within a Participating Company who qualify as “highly compensated employees” under Section 414(q) of the Code. 
  
 The foregoing notwithstanding, an individual shall not be considered an Eligible Employee if his or her participation in the
Plan is prohibited by the law of any country which has jurisdiction over him or her or if he or she is subject to a collective bargaining agreement that does not provide for participation in the Plan. 
  
 (h) “Exchange Act” means the Securities Exchange Act of
1934, as amended. 
  
 (i) “Fair Market Value”
means the market price of Stock, determined by the Committee as follows: 
  
 (i) If Stock was traded on a stock exchange on the date in question, then the Fair Market Value shall be equal to the closing price reported by the applicable composite transactions report for such date; 

 
 (ii) If Stock was traded on The Nasdaq National Market on
the date in question, then the Fair Market Value shall be equal to the last-transaction price quoted for such date by The Nasdaq National Market; or 
  
 (iii) If none of the foregoing provisions is applicable, then the Fair Market Value shall be determined by the Committee in good faith on
such basis as it deems appropriate. 
  
 Whenever possible, the
determination of Fair Market Value by the Committee shall be based on the prices reported in the Wall Street Journal or as reported directly to the Company by a stock exchange or Nasdaq. Such determination shall be conclusive and binding on
all persons. 
  
 (j) “IPO” means the initial
offering of Stock to the public pursuant to a registration statement filed by the Company with the Securities and Exchange Commission. 
  
 (k) “Offering Period” means a period with respect to which the right to purchase Stock may be granted under the Plan, as determined
pursuant to Section 4(a). 
  
 (l) “Participant”
means an Eligible Employee who elects to participate in the Plan, as provided in Section 4(b). 
  
 (m) “Participating Company” means (i) the Company and (ii) each present or future Subsidiary designated by the Committee as a Participating Company. 
  

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 (n) “Plan” means this SYNNEX Corporation 2003 Employee Stock Purchase Plan, as it may be
amended from time to time. 
  
 (o) “Plan Account”
means the account established for each Participant pursuant to Section 8(a). 
  
 (p) “Purchase Price” means the price at which Participants may purchase Stock under the Plan, as determined pursuant to Section 8(b). 
  
 (q) “Stock” means the Common Stock of the Company. 
  
 (r) “Subsidiary” means any corporation (other than the
Company) in an unbroken chain of corporations beginning with the Company, if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock
in one of the other corporations in such chain. 
  
 SECTION 3
Administration Of The Plan. 
  
 (a) Committee
Composition. The Plan shall be administered by the Committee. The Committee shall consist exclusively of one or more directors of the Company, who shall be appointed by the Board. 
  
 (b) Committee Responsibilities. The Committee shall interpret the Plan and make all other policy decisions relating
to the operation of the Plan. The Committee may adopt such rules, guidelines and forms as it deems appropriate to implement the Plan. The Committee’s determinations under the Plan shall be final and binding on all persons. 
  
 SECTION 4 Enrollment And Participation. 
  
 (a) Offering Periods. While the Plan is in effect, four Offering
Periods shall commence in each calendar year. The Offering Periods shall consist of 3-month periods, unless otherwise determined by the Committee, commencing on January 1, April 1, July 1, and October 1 of each year. Notwithstanding the foregoing,
the first Offering Period shall commence on the date of the IPO, and all Offering Periods commencing before April 1, 2005, shall terminate on March 31, 2005. 
  
 (b) Enrollment. Any individual who, on the day preceding the first day of an Offering Period (other than the initial Offering Period), qualifies as
an Eligible Employee may elect to become a Participant in the Plan for such Offering Period by executing the enrollment form prescribed for this purpose by the Committee. The enrollment form shall be filed with the Company at the prescribed location
not later than 15 days prior to the commencement of such Offering Period. All Eligible Employees shall be automatically enrolled in the initial Offering Period under the Plan. 
  
 (c) Duration of Participation. Once enrolled in the Plan, a Participant shall continue to participate in the Plan
until he or she ceases to be an Eligible Employee, withdraws from the Plan under Section 6(a) or reaches the end of the Offering Period in which his or her employee 
  

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contributions were discontinued under Section 5(d) or Section 9(b). A Participant who discontinued employee contributions under Section 5(d) or withdrew from
the Plan under Section 6(a) may again become a Participant, if he or she then is an Eligible Employee, by following the procedure described in Subsection (c) above. A Participant whose employee contributions were discontinued automatically under
Section 9(b) shall automatically resume participation at the beginning of the earliest Offering Period ending in the next calendar year, if he or she then is an Eligible Employee. When a Participant reaches the end of an Offering Period but his or
her participation is to continue, then such Participant shall automatically be re-enrolled for the Offering Period that commences immediately after the end of the prior Offering Period; provided, however, that for the Offering Period commencing
April 1, 2005, new enrollment forms may be required, in accordance with such procedures as may be prescribed by the Company. 
  
 SECTION 5 Employee Contributions. 
  
 (a) Frequency of Payroll Deductions. A Participant may purchase shares of Stock under the Plan solely by means of payroll deductions. Payroll
deductions, as designated by the Participant pursuant to Subsection (b) below, shall occur on each payday during participation in the Plan. 
  
 (b) Amount of Payroll Deductions. An Eligible Employee shall designate on the enrollment form the portion of his or her Compensation that he or she
elects to have withheld for the purchase of Stock. Such portion shall be a whole percentage of the Eligible Employee’s Compensation, but not less than 1% nor more than 15%. In addition, effective April 1, 2005, the amount of an Eligible
Employee’s Compensation that may be withheld for the purchase of Stock shall not exceed $10,000 per calendar year. Notwithstanding the foregoing, for the period April 1, 2005 to December 31, 2005, the amount of an Eligible Employee’s
Compensation that may be withheld for the purchase of Stock shall not exceed $7,500. 
  
 (c) Changing Withholding Rate. If a Participant wishes to change the rate of payroll withholding, he or she may do so by filing a new enrollment form with the Company at the prescribed location at any time. The
new withholding rate shall be effective as soon as reasonably practicable after such form has been received by the Company. The new withholding rate shall be a whole percentage of the Eligible Employee’s Compensation, but not less than 1% nor
more than 15%. 
  
 (d) Discontinuing Payroll Deductions. If
a Participant wishes to discontinue employee contributions entirely, he or she may do so by filing a new enrollment form with the Company at the prescribed location at any time. Payroll withholding shall cease as soon as reasonably practicable after
such form has been received by the Company. In addition, employee contributions may be discontinued automatically pursuant to Section 9(b). A Participant who has discontinued employee contributions may resume such contributions by filing a new
enrollment form with the Company at the prescribed location. Payroll withholding shall resume as soon as reasonably practicable after such form has been received by the Company. 
  

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 (e) Limit on Number of Elections. The Committee may limit the number of elections that a
Participant may make under Subsection (c) or (d) above during any Offering Period. 
  
 SECTION 6 Withdrawal From The Plan. 
  
 (a) Withdrawal. A Participant may elect to withdraw from the Plan by filing the prescribed form with the Company at the prescribed location at any time before the last day of an Offering Period. As soon as reasonably practicable
thereafter, payroll deductions shall cease and the entire amount credited to the Participant’s Plan Account shall be refunded to him or her in cash, without interest. No partial withdrawals shall be permitted. 
  
 (b) Re-enrollment After Withdrawal. A former Participant who has
withdrawn from the Plan shall not be a Participant until he or she re-enrolls in the Plan under Section 4(b). Re-enrollment may be effective only at the commencement of an Offering Period. 
  
 SECTION 7 Change In Employment Status. 
  
 (a) Termination of Employment. Termination of employment as an
Eligible Employee for any reason, including death, shall be treated as an automatic withdrawal from the Plan under Section 6(a). A transfer from one Participating Company to another shall not be treated as a termination of employment. 
  
 (b) Leave of Absence. For purposes of the Plan, employment shall not
be deemed to terminate when the Participant goes on a military leave, a sick leave or another bona fide leave of absence, if the leave was approved by the Company in writing. Employment, however, shall be deemed to terminate 90 days after the
Participant goes on a leave, unless a contract or statute guarantees his or her right to return to work. Employment shall be deemed to terminate in any event when the approved leave ends, unless the Participant immediately returns to work.

  
 (c) Death. In the event of the Participant’s
death, the amount credited to his or her Plan Account shall be paid to a beneficiary designated by him or her for this purpose on the prescribed form or, if none, to the Participant’s estate. Such form shall be valid only if it was filed with
the Company at the prescribed location before the Participant’s death. 
  
 SECTION 8 Plan Accounts And Purchase Of Shares. 
  
 (a) Plan Accounts. The Company shall maintain a Plan Account on its books in the name of each Participant. Whenever an amount is deducted from the Participant’s Compensation under the Plan, such amount shall be credited to the
Participant’s Plan Account. Amounts credited to Plan Accounts shall not be trust funds and may be commingled with the Company’s general assets and applied to general corporate purposes. No interest shall be credited to Plan Accounts.

  
 (b) Purchase Price. 
  
 (i) The Purchase Price for each share of Stock purchased at
the close of an Offering Period beginning on or after April 1, 2005 shall be the lower of: 
  
 (A) 95% of the Fair Market Value of such share on the last trading day in such Offering Period; or 
  

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 (B) 95% of the Fair Market Value of such share on the first trading day of the applicable
Offering Period. 
  
 (ii) The Purchase Price for
each share of Stock purchased at the close of an Offering Period beginning before April 1, 2005, shall be the lower of: 
  
 (A) 85% of the Fair Market Value of such share on the last trading day in such Offering Period; or 
  
 (B) 85% of the Fair Market Value of such share on the first
trading day of the applicable Offering Period. 
  
 (c) Number
of Shares Purchased. As of the last day of each Offering Period, each Participant shall be deemed to have elected to purchase the number of shares of Stock calculated in accordance with this Subsection (c), unless the Participant has previously
elected to withdraw from the Plan in accordance with Section 6(a). The amount then in the Participant’s Plan Account shall be divided by the Purchase Price, and the number of shares that results shall be purchased from the Company with the
funds in the Participant’s Plan Account. The foregoing notwithstanding, no Participant shall purchase more than 625 shares of Stock with respect to any Offering Period commencing on or after April 1, 2005 (nor more than 1,250 shares of Stock
with respect to the six-month period ending March 31, 2005 for Offering Periods commencing prior to April 1, 2005), nor more than the amounts of Stock set forth in Section 9(b) and Section 14(a). Any fractional share, as calculated under this
Subsection (c), shall be rounded down to the next lower whole share. For each Offering Period, the Committee shall have the authority to establish additional limits on the number of shares purchasable by each Participant or by all Participants in
the aggregate. 
  
 (d) Available Shares Insufficient. In
the event that the aggregate number of shares that all Participants elect to purchase during an Offering Period exceeds the maximum number of shares remaining available for issuance under Section 14(a), then the number of shares to which each
Participant is entitled shall be determined by multiplying the number of shares available for issuance by a fraction, the numerator of which is the number of shares that such Participant has elected to purchase and the denominator of which is the
number of shares that all Participants have elected to purchase. 
  
 (e) Issuance of Stock. Certificates representing the shares of Stock purchased by a Participant under the Plan shall be issued to him or her as soon as reasonably practicable after the close of the applicable Offering Period, except
that the Committee may determine that such shares shall be held for each Participant’s benefit by a broker designated by the Committee (unless the Participant has elected that certificates be issued to him or her). Shares may be registered in
the name of the Participant or jointly in the name of the Participant and his or her spouse as joint tenants with right of survivorship or as community property. 
  

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 (f) Unused Cash Balances. An amount remaining in the Participant’s Plan Account that
represents the Purchase Price for any fractional share shall be carried over in the Participant’s Plan Account to the next Offering Period or refunded to the Participant in cash, without interest, if his or her participation is not continued.
Any amount remaining in the Participant’s Plan Account that represents the Purchase Price for whole shares that could not be purchased by reason of Subsection (c) above, Section 9(b) or Section 14(a) shall be refunded to the Participant in
cash, without interest. 
  
 (g) Stockholder Approval. Any
other provision of the Plan notwithstanding, no shares of Stock shall be purchased under the Plan unless and until the Company’s stockholders have approved the adoption of the Plan. 
  
 SECTION 9 Limitations On Stock Ownership. 
  
 (a) Five Percent Limit. Any other provision of the Plan notwithstanding, no Participant shall be granted a right to
purchase Stock under the Plan if such Participant, immediately after his or her election to purchase such Stock, would own stock possessing 5% or more of the total combined voting power or value of all classes of stock of the Company or any parent
or Subsidiary of the Company. For purposes of this Subsection (a), the following rules shall apply: 
  
 (i) Ownership of stock shall be determined after applying the attribution rules of section 424(d) of the Code; 
  
 (ii) Each Participant shall be deemed to own any stock that
he or she has a right or option to purchase under this or any other plan; and 
  
 (iii) Each Participant shall be deemed to have the right to purchase up to the maximum number of shares of Stock that may be purchased by a Participant under this Plan under the individual limit specified in Section
8(c) with respect to each Offering Period. 
  
 (b) Dollar
Limit. Any other provision of the Plan notwithstanding, no Participant shall purchase Stock with a Fair Market Value in excess of the following limit: 
  
 (i) In the case of Stock purchased during an Offering Period that commenced in the current calendar year, the limit shall be equal to (A)
$25,000 minus (B) the Fair Market Value of the Stock that the Participant previously purchased in the current calendar year (under this Plan and all other employee stock purchase plans of the Company or any parent or Subsidiary of the Company).

  
 (ii) In the case of Stock purchased during an
Offering Period that commenced in the immediately preceding calendar year, the limit shall be equal to (A) $50,000 minus (B) the Fair Market Value of the Stock that the Participant previously purchased (under this Plan and all other employee stock
purchase plans of the Company or any parent or Subsidiary of the Company) in the current calendar year and in the immediately preceding calendar year. 
  

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 (iii) In the case of Stock purchased during an Offering Period that commenced in the
second preceding calendar year, the limit shall be equal to (A) $75,000 minus (B) the Fair Market Value of the Stock that the Participant previously purchased (under this Plan and all other employee stock purchase plans of the Company or any parent
or Subsidiary of the Company) in the current calendar year and in the two preceding calendar years. 
  
 For purposes of this Subsection (b), the Fair Market Value of Stock shall be determined in each case as of the beginning of the Offering Period in which
such Stock is purchased. Employee stock purchase plans not described in section 423 of the Code shall be disregarded. If a Participant is precluded by this Subsection (b) from purchasing additional Stock under the Plan, then his or her employee
contributions shall automatically be discontinued and shall resume at the beginning of the earliest Offering Period ending in the next calendar year (if he or she then is an Eligible Employee). 
  
 SECTION 10 Rights Not Transferable. 
  
 The rights of any Participant under the Plan, or any Participant’s
interest in any Stock or moneys to which he or she may be entitled under the Plan, shall not be transferable by voluntary or involuntary assignment or by operation of law, or in any other manner other than by beneficiary designation or the laws of
descent and distribution. If a Participant in any manner attempts to transfer, assign or otherwise encumber his or her rights or interest under the Plan, other than by beneficiary designation or the laws of descent and distribution, then such act
shall be treated as an election by the Participant to withdraw from the Plan under Section 6(a). 
  
 SECTION 11 No Rights As An Employee. 
  
 Nothing in the Plan or in any right granted under the Plan shall confer upon the Participant any right to continue in the employ of a Participating Company for any period of specific duration or interfere with or
otherwise restrict in any way the rights of the Participating Companies or of the Participant, which rights are hereby expressly reserved by each, to terminate his or her employment at any time and for any reason, with or without cause. 

 
 SECTION 12 No Rights As A Stockholder. 
  
 A Participant shall have no rights as a stockholder with respect to any
shares of Stock that he or she may have a right to purchase under the Plan until such shares have been purchased on the last day of the applicable Offering Period. 
  
 SECTION 13 Securities Law Requirements. 
  
 Shares of Stock shall not be issued under the Plan unless the issuance and delivery of such shares comply with (or are
exempt from) all applicable requirements of law, including (without limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any stock
exchange or other securities market on which the Company’s securities may then be traded. 
  

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 SECTION 14 Stock Offered Under The Plan. 
  
 (a) Authorized Shares. The maximum aggregate number of shares of Stock available for purchase under the Plan is Five
Hundred Thousand (500,000) shares. The aggregate number of shares available for purchase under the Plan shall at all times be subject to adjustment pursuant to Section 14. All share amounts set forth in the Plan have been adjusted to give effect to
a 2 for 1 reverse stock split of the Stock which was effected on November 12, 2003. 
  
 (b) Antidilution Adjustments. The aggregate number of shares of Stock offered under the Plan, the individual Participant share limitation described in Section 8(c) and the price of shares that any Participant
has elected to purchase shall be adjusted proportionately by the Committee for any increase or decrease in the number of outstanding shares of Stock resulting from a subdivision or consolidation of shares or the payment of a stock dividend, any
other increase or decrease in such shares effected without receipt or payment of consideration by the Company, the distribution of the shares of a Subsidiary to the Company’s stockholders or a similar event. 
  
 (c) Reorganizations. Any other provision of the Plan notwithstanding,
immediately prior to the effective time of a Corporate Reorganization, the Offering Period then in progress shall terminate and shares shall be purchased pursuant to Section 8, unless the Plan is assumed by the surviving corporation or its parent
corporation pursuant to the plan of merger or consolidation. The Plan shall in no event be construed to restrict in any way the Company’s right to undertake a dissolution, liquidation, merger, consolidation or other reorganization. 

 
 SECTION 15 Amendment Or Discontinuance. 
  
 The Board shall have the right to amend, suspend or terminate the Plan at
any time and without notice. Unless earlier terminated by the Board, the Plan shall terminate on September 1, 2013. Except as provided in Section 14, any increase in the aggregate number of shares of Stock to be issued under the Plan shall be
subject to approval by a vote of the stockholders of the Company. In addition, any other amendment of the Plan shall be subject to approval by a vote of the stockholders of the Company to the extent required by an applicable law or regulation.

  
 SECTION 16 Execution. 
  
 To record the amendment and restatement of the Plan by the Board on March
21, 2005, the Company has caused its authorized officer to execute the same. 
  

			
	SYNNEX CORPORATION
		
	By:	 	 /S/    SIMON LEUNG

	 	 	Simon Leung
	 	 	General Counsel and Secretary

  

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