Document:

EX-10.7

Exhibit 10.7

AMENDMENT NO. 7 TO

RECEIVABLES SALE AGREEMENT

This Amendment No. 7 to Receivables Sale Agreement (this “Amendment”) is dated as of
August 29, 2007, between Avnet, Inc., a New York corporation (“Originator”), and Avnet
Receivables Corporation, a Delaware corporation (“Buyer”).

RECITALS

Originator and Buyer entered into that certain Receivables Sale Agreement, dated as of June
28, 2001, and amended such Receivables Sale Agreement pursuant to Amendment No. 1 thereto, dated as
of February 6, 2002, and further amended such Receivables Sale Agreement pursuant to Amendment No.
2 thereto, dated as of June 26, 2002, and further amended such Receivables Sale Agreement pursuant
to Amendment No. 3 thereto, dated as of November 25, 2002, and further amended such Receivables
Sale Agreement pursuant to Amendment No. 4 thereto, dated as of December 12, 2002, and further
amended such Receivables Sale Agreement pursuant to Amendment No. 5 thereto, dated as of August 15,
2003, and further amended such Receivables Sale Agreement pursuant to Amendment No. 6 thereto,
dated as of August 3, 2005 (such agreement, as so amended, the “Sale Agreement”).

Each of the parties hereto now desires to amend the Sale Agreement, subject to the terms and
conditions hereof, as more particularly described herein.

AGREEMENT

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

Section 1. Definitions Used Herein. Capitalized terms used herein and not otherwise
defined herein shall have the respective meanings set forth for such terms in, or incorporated by
reference into, the Sale Agreement.

Section 2. Amendment. Subject to the terms and conditions set forth herein,
Exhibit III of the Sale Agreement is hereby deleted in its entirety and replaced with
Annex A hereto.

Section 3. Conditions to Effectiveness of Amendment. This Amendment shall become
effective as of the date hereof, upon the satisfaction of the conditions precedent that:

(a) Amendment. The Buyer and the Agent shall have received, on or before the date
hereof, executed counterparts of this Amendment, duly executed by each of the parties hereto.

(b) Representations and Warranties. As of the date hereof, both before and after
giving effect to this Amendment, all of the representations and warranties contained in the Sale
Agreement and in each other Transaction Document shall be true and correct in all material respects
as though made on the date hereof (and by its execution hereof, each of Buyer and Originator shall
be deemed to have represented and warranted such).

(c) No Termination Event or Potential Termination Event. As of the date hereof, both
before and after giving effect to this Amendment, no Termination Event or Potential Termination
Event shall have occurred and be continuing (and by its execution hereof, each of Buyer and
Originator shall be deemed to have represented and warranted such).

Section 4. Miscellaneous.

(a) Effect; Ratification. The amendments set forth herein are effective solely for the
purposes set forth herein and shall be limited precisely as written, and shall not be deemed (i) to
be a consent to, or an acknowledgment of, any amendment, waiver or modification of any other term
or condition of the Sale Agreement or of any other instrument or agreement referred to therein or
(ii) to prejudice any right or remedy which Buyer (or any of its assigns) may now have or may have
in the future under or in connection with the Sale Agreement, as amended hereby, or any other
instrument or agreement referred to therein. Each reference in the Sale Agreement to “this
Agreement,” “herein,” “hereof and words of like import and each reference in the other Transaction
Documents to the Sale Agreement, to the “Receivables Sale Agreement” or to the “Sale Agreement”
shall mean the Sale Agreement as amended hereby. This Amendment shall be construed in connection
with and as part of the Sale Agreement and all terms, conditions, representations, warranties,
covenants and agreements set forth in the Sale Agreement and each other instrument or agreement
referred to therein, except as herein amended, are hereby ratified and confirmed and shall remain
in full force and effect.

(b) Transaction Documents. This Amendment is a Transaction Document executed pursuant
to the Sale Agreement and shall be construed, administered and applied in accordance with the terms
and provisions thereof.

(c) Costs, Fees and Expenses. Without limiting Section 6.2 of the Sale Agreement,
Originator agrees to reimburse Buyer and its assigns upon demand for all reasonable and documented
out-of-pocket costs, fees and expenses in connection with the preparation, execution and delivery
of this Amendment (including the reasonable fees and expenses of counsels to Buyer and its
assigns).

(d) Counterparts. This Amendment may be executed in any number of counterparts, each
such counterpart constituting an original and all of which when taken together shall constitute one
and the same instrument.

(e) Severability. Any provision contained in this Amendment which is held to be
inoperative, unenforceable or invalid in any jurisdiction shall, as to that jurisdiction, be
inoperative, unenforceable or invalid without affecting the remaining provisions of this Amendment
in that jurisdiction or the operation, enforceability or validity of such provision in any other
jurisdiction.

(f) GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK EXCLUDING CHOICE-OF-LAW PRINCIPLES OF THE LAW OF SUCH STATE THAT
WOULD REQUIRE THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN SUCH STATE.

(g) WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES TRIAL BY JURY IN ANY
JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT,
CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AMENDMENT, ANY
DOCUMENT EXECUTED BY ORIGINATOR PURSUANT TO THIS AMENDMENT OR THE RELATIONSHIP ESTABLISHED
HEREUNDER OR THEREUNDER

(Signature Page Follows)

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

AVNET RECEIVABLES CORPORATION,

as Seller

By: /s/ Raymond Sadowski

Name: Raymond Sadowski

Title: President

AVNET, INC., as Servicer

By: /s/ Raymond Sadowski

Name: Raymond Sadowski

Title: Sr. Vice President and CFO

Annex A

EXHIBIT IV

NAMES OF COLLECTION BANKS; COLLECTION ACCOUNTS

	 	 	 	 	 	 	 
	Lock-Box	 	Related Collection Account
	 	1.	 	 	Bank of America, N.A.

Ms. Cindy Hastings

555 S. Flower Street, 3rd Floor

Los Angeles, California 90071

	 	Deposit Account Number: 3752134661

	 	 	 	 	Lock-Boxes

	 	

	 	 	 	 	 

	 	

	 	 	 	 	P.O. Box 847722

Dallas, Texas 75202-7722

	 	

	 	2.	 	 	JPMorgan Chase Bank, N.A.

Timothy Marek

1 Chase Manhattan Plaza, 7th Fl

New York, NY 10005

	 	Deposit Account Number: 59-37116

	 	 	 	 	Lock-Boxes

	 	

	 	 	 	 	 

	 	

	 	 	 	 	P.O. Box #100340

Pasadena, California 91189-0340

	 	

	 	 	 	 	P.O. Box #70390

Chicago, Illinois 60673-0390EX-10.8

Exhibit 10.8

AMENDMENT NO. 14 TO AMENDED AND RESTATED

RECEIVABLES PURCHASE AGREEMENT

This Amendment No. 14 to Amended and Restated Receivables Purchase Agreement (this
"Amendment”) is dated as of August 27, 2009, among Avnet Receivables Corporation, a
Delaware corporation (“Seller”), Avnet, Inc., a New York corporation (“Avnet”), as
initial Servicer (the Servicer together with Seller, the “Seller Parties” and each a
"Seller Party”), each Financial Institution signatory hereto (collectively, the
"Financial Institutions”), each Company signatory hereto (the “Companies”) and
JPMorgan Chase Bank, N.A. (successor by merger to Bank One, NA (Main Office Chicago)), as agent for
the Purchasers (the “Agent”).

RECITALS

Each of the parties hereto entered into that certain Amended and Restated Receivables Purchase
Agreement, dated as of February 6, 2002, and amended such Amended and Restated Receivables Purchase
Agreement pursuant to Amendment No. 1 thereto, dated as of June 26, 2002, and further amended such
Amended and Restated Receivables Purchase Agreement pursuant to Amendment No. 2 thereto, dated as
of November 25, 2002, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 3 thereto, dated as of December 9, 2002, and further amended such Amended
and Restated Receivables Purchase Agreement pursuant to Amendment No. 4 thereto, dated as of
December 12, 2002, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 5 thereto, dated as of June 23, 2003, and further amended such Amended
and Restated Receivables Purchase Agreement pursuant to Amendment No. 6 thereto, dated as of August
15, 2003, and further amended such Amended and Restated Receivables Purchase Agreement pursuant to
Amendment No. 7 thereto, dated as of August 3, 2005, and further amended such Amended and Restated
Receivables Purchase Agreement pursuant to Amendment No. 8 thereto, dated as of August 1, 2006, and
further amended such Amended and Restated Receivables Purchase Agreement pursuant to Amendment No.
9 thereto, dated as of August 31, 2006, and further amended such Amended and Restated Receivables
Purchase Agreement pursuant to Amendment No. 10 thereto, dated January 12, 2007 and effective as of
September 6, 2006, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 11 thereto, dated as of August 29, 2007, and further amended such Amended
and Restated Receivables Purchase Agreement pursuant to Amendment No. 12 thereto, dated as of
August 28, 2008, and further amended such Amended and Restated Receivables Purchase Agreement
pursuant to Amendment No. 13 thereto, dated as of January 23, 2009 (such Amended and Restated
Receivables Purchase Agreement, as so amended, the “Purchase Agreement”).

Each Seller Party has requested that the Agent and the Purchasers amend certain provisions of
the Purchase Agreement, all as more fully described herein.

Subject to the terms and conditions hereof, each of the parties hereto now desires to amend
the Purchase Agreement as more particularly described herein.

AGREEMENT

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

Section 1. Definitions Used Herein. Capitalized terms used herein and not otherwise
defined herein shall have the respective meanings set forth for such terms in, or incorporated by
reference into, the Purchase Agreement.

Section 2. Amendment. Subject to the terms and conditions set forth herein, the
Purchase Agreement is hereby amended as is shown in Exhibit A hereto, where new provisions are
indicated by double-underlined text and deleted provisions are indicated by strikethrough text.

Section 3. Conditions to Effectiveness of this Amendment. This Amendment shall become
effective as of the date hereof, upon the satisfaction of the conditions precedent that:

(a) Amendment. The Agent shall have received, on or before the date hereof, executed
counterparts of this Amendment, duly executed by each of the parties hereto.

(b) Representations and Warranties. As of the date hereof, both before and after
giving effect to this Amendment, all of the representations and warranties contained in the
Purchase Agreement and in each other Transaction Document shall be true and correct in all material
respects as though made on the date hereof (and by its execution hereof, each of Seller and the
Servicer shall be deemed to have represented and warranted such).

(c) No Amortization Event. As of the date hereof, both before and after giving effect
to this Amendment, no Amortization Event or Potential Amortization Event shall have occurred and be
continuing (and by its execution hereof, each of Seller and the Servicer shall be deemed to have
represented and warranted such).

(d) Execution of Fee Letter and Payment of Fees. As of the date hereof, the Seller
shall have executed the Fee Letter dated as of the date hereof with JPMorgan Chase Bank, N.A., as
Agent, and the Financial Institutions and the Purchasers party thereto and shall have paid all fees
required to be paid as of the date hereof pursuant to such fee letter.

Section 4. Miscellaneous.

(a) Effect; Ratification. The amendments set forth herein are effective solely for
the purposes set forth herein and shall be limited precisely as written, and shall not be deemed to
(i) be a consent to, or an acknowledgment of, any amendment, waiver or modification of any other
term or condition of the Purchase Agreement or of any other instrument or agreement referred to
therein or (ii) prejudice any right or remedy which any Purchaser or the Agent may now have or may
have in the future under or in connection with the Purchase Agreement, as amended hereby, or any
other instrument or agreement referred to therein. Each reference in the Purchase Agreement to
“this Agreement,” “herein,” “hereof” and words of like import and each reference in the other
Transaction Documents to the Purchase Agreement or to the “Receivables Purchase Agreement” or to
the “Purchase Agreement” shall mean the Purchase Agreement as amended hereby. This Amendment shall
be construed in connection with and as part of the Purchase Agreement and all terms, conditions,
representations, warranties, covenants and agreements set forth in the Purchase Agreement and each
other instrument or agreement referred to therein, except as herein amended, are hereby ratified
and confirmed and shall remain in full force and effect.

(b) Transaction Documents. This Amendment is a Transaction Document executed pursuant
to the Purchase Agreement and shall be construed, administered and applied in accordance with the
terms and provisions thereof.

(c) Costs, Fees and Expenses. Without limiting Section 10.3 of the Purchase
Agreement, Seller agrees to reimburse the Agent and the Purchasers upon demand for all reasonable
and documented out-of-pocket costs, fees and expenses (including the reasonable fees and expenses
of counsels to any of the Agent and the Purchasers) incurred in connection with the preparation,
execution and delivery of this Amendment.

(d) Counterparts. This Amendment may be executed in any number of counterparts, each
such counterpart constituting an original and all of which when taken together shall constitute one
and the same instrument.

(e) Severability. Any provision contained in this Amendment that is held to be
inoperative, unenforceable or invalid in any jurisdiction shall, as to that jurisdiction, be
inoperative, unenforceable or invalid without affecting the remaining provisions of this Amendment
in that jurisdiction or the operation, enforceability or validity of such provision in any other
jurisdiction.

(f) GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK EXCLUDING CHOICE-OF-LAW PRINCIPLES OF THE LAW OF SUCH STATE THAT
WOULD REQUIRE THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN SUCH STATE.

(g) WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES TRIAL BY JURY IN ANY
JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT,
CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AMENDMENT, ANY
DOCUMENT EXECUTED BY ANY SELLER PARTY PURSUANT TO THIS AMENDMENT OR THE RELATIONSHIP ESTABLISHED
HEREUNDER OR THEREUNDER.

(h) Funding Agreement Consent. By its execution hereof, JPMorgan Chase Bank, N.A.
(successor by merger to Bank One, NA (Main Office Chicago)), in its capacity as a party to any
applicable Funding Agreement with or for the benefit of Chariot Funding LLC (successor to Preferred
Receivables Funding Company LLC) (“Chariot”), hereby (i) consents to Chariot’s execution of
this Amendment and the transactions contemplated hereby, (ii) acknowledges that this Amendment has
been made available to and has been reviewed by it, (iii) consents to this Amendment and (iv) deems
this paragraph to satisfy any applicable requirements regarding this Amendment set forth in any
such Funding Agreement.

(Signature Pages Follow)

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

AVNET RECEIVABLES CORPORATION, as Seller

By:

Name:

Title:

AVNET, INC., as Servicer

By:

Name:

Title:

CHARIOT FUNDING LLC (successor to Preferred

Receivables Funding Company LLC), as a Company

By: JPMorgan Chase Bank, N.A.

Its: Attorney-in-Fact

By:

Name:

Title:

JPMORGAN CHASE BANK, N.A. (successor by merger

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

By:

Name:

Title:

1

LIBERTY STREET FUNDING LLC (successor to

Liberty Street Funding Corp.), as a Company

By:

Name:

Title:

THE BANK OF NOVA SCOTIA, as a Financial

Institution

By:

Name:

Title:

2

AMSTERDAM FUNDING CORPORATION, as a Company

By:

Name:

Title:

Address:

c/o Global Securitization Services, LLC

68 South Service Road

Suite 120

Melville, New York 11747

Attention: Frank B. Bilotta

Telephone: (212) 302-8331

Telecopy: (212) 302-8767

with a copy to:

The Royal Bank of Scotland plc,

RBS Securities, Inc., as agent

540 West Madison Street

27th Floor

Chicago, Illinois 60661

Attention: Amsterdam Administrator

Telephone: (312) 338-3491

Telecopy: (312) 338-0140

3

THE ROYAL BANK OF SCOTLAND PLC (successor by
merger to ABN AMRO Bank N.V.), as a Financial
Institution

By: RBS SECURITIES INC.,
as agent

By:

Name:

Title:

	 	 	 
	Address:
	 	540 West Madison Street

Chicago, Illinois 60661

Attention: Asset Securitization Group

Fax: (312) 904-4350

4

STARBIRD FUNDING CORPORATION, as a Company

By:

Name:

Title:

BNP PARIBAS, acting through its New York
Branch, as a Financial Institution

By:

Name:

Title:

By:

Name:

Title:

5

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