Tech Data 2014 Annual Report Download - page 165
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Signature
__________________________________
Printed Name
_____________________
Date
IMPORTANT NOTE: THIS ADDENDUM MUST BE SIGNED AND RETURNED TO STOCK
ADMINISTRATION OF TECH DATA NO LATER THAN THIRTY (30) DAYS FROM THE DATE OF THE
HRE.
MEXICO
1. Commercial Relationship .
The Participant expressly recognizes that participation in the Plan and the
Company’
s grant of HREs does not constitute an employment relationship between the Participant and the Company.
The Participant has been granted HREs as a consequence of the commercial relationship between the Company and the
Employer, and the Employer is the Participant’
s sole employer. Based on the foregoing, (a) the Participant expressly
recognizes the Plan and the benefits derived from participation in the Plan will not establish any rights between the
Participant and the Employer, (b) the Plan and the benefits the Participant may derive from participation in the Plan are
not part of the employment conditions and/or benefits provided by the Employer, and (c) any modifications or
amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or
impairment of the terms and conditions of the Participant’s employment with the Employer.
2. Extraordinary Item of Compensation .
The Participant expressly recognizes and acknowledges that
participation in the Plan is a result of the discretionary and unilateral decision of the Company, as well as the
Participant’s free and voluntary
decision to participate in the Plan in accordance with the terms and conditions of the
Plan, the Agreement and this Addendum. As such, the Participant acknowledges and agrees that the Company may, in its
sole discretion, amend and/or discontinue the Participant’
s participation in the Plan at any time and without any liability.
The value of the HREs is an extraordinary item of compensation outside the scope of any Participant’
s employment
contract, if any. The HREs are not part of the Participant’
s regular or expected compensation for purposes of calculating
any severance, resignation, redundancy, end of service payments, bonuses, long-
service awards, pension or retirement
benefits, or any similar payments, which are the exclusive obligations of the Employer.
14