Tech Data 2013 Annual Report Download - page 163

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Employer Securities the value of which has been previously distributed pursuant to this paragraph) by 25% or, with respect to a Participant's final
election, 50% reduced by the amount of any prior distributions received by such Participant pursuant to this paragraph.
(3) The Plan Administrator shall direct the Trustee to make distributions under this paragraph to Qualified Participants pursuant to their
valid and timely elections within 180 days after the end of the Plan Year to which such elections apply.
(4) Notwithstanding the foregoing, a Qualified Participant shall not be entitled to make the election hereunder for a Plan Year within the
Qualified Election Period if the fair market value of his employer Securities Account as of the last day of such Plan Year is less than $500.
(5) For purpose of the paragraph, the following definitions shall apply:
(A) "Qualified Election Period" shall mean the six Plan Year period beginning with the first Plan Year in which the
Participant first becomes a Qualified Participant.
(B) "Qualified Participant" shall mean any Participant who, prior to January 1, 2000, has attained age 55 and has been a
Participant in the Tech Data Corporation Employee Stock Ownership Plan for at least ten years."
6. Subparagraph (a)(1) of Article X of the Plan shall be amended to read as follows:
"(a) Investment Funds.
(1) Each Participant may direct the Plan Administrator to invest his Accounts, including his ESOP Merger Account, in one or more
investment funds that may be made available from time to time and/or in Employer Securities. A Participant's Accounts shall be divided into sub-
accounts to properly account for the various investment funds in which such Accounts are invested. Each sub-account shall be adjusted as of each
Valuation Date in accordance with Article VI to account for distributions, withdrawals, loans, contributions and forfeitures allocated to it and with
respect to its share of the income, loss, appreciation and depreciation of such investment fund."
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