Tech Data 2014 Annual Report Download - page 194
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assets or business of the Company; or (vi) any other corporate act or proceeding, whether of a similar character or
otherwise.
Except as otherwise expressly provided herein, the issuance by the Company of shares of its capital stock of any
class, or securities convertible into shares of capital stock of any class, either in connection with direct sale or upon the
exercise of rights or warrants to subscribe therefore, or upon conversion of shares or obligations of the Company
convertible into such shares or other securities, shall not affect, and no adjustment by reason thereof shall be made with
respect to the number of MVSSARs, the Grant Price or the Maximum Value per MVSSAR.
Section 8. Rights of Holder .
No person shall, by virtue of the granting of this MVSSAR to the Holder, be
deemed to be a holder of any Shares underlying this MVSSAR or be entitled to the rights or privileges of a holder of
such Shares unless and until this MVSSAR has been exercised with respect to such Shares and the Shares have been
issued pursuant to that exercise of this MVSSAR.
The Holder shall not by virtue of the granting of this MVSSAR have any claim or right to be granted an
MVSSAR in the future or to participate in any other compensation plan, program or arrangement of the Company.
The granting of this MVSSAR shall not impose upon the Company any obligations to employ or to continue to
employ the Holder; and the right of the Company to terminate the employment of the Holder shall not be diminished or
affected by reason of the fact that this MVSSAR has been granted to the Holder.
Nothing herein contained shall impose any obligation upon the Holder to exercise this MVSSAR except with
respect to the automatic exercise pursuant to Section 4.
At all times while any portion of this MVSSAR is outstanding, the Company shall reserve and keep available,
out of shares of its authorized and unissued stock or reacquired shares, a sufficient number of Shares to satisfy the
requirements of this MVSSAR; comply with the terms of this MVSSAR promptly upon exercise of the MVSSAR; and
pay all fees or expenses necessarily incurred by the Company in connection with the issuance and delivery of Shares
pursuant to the exercise of this MVSSAR.
Section 9. Termination . The MVSSAR granted hereunder shall terminate on the earliest to occur of:
(i) termination of employment for cause or voluntary separation on the part of the Holder without the
consent of the Company or Subsidiary;
(ii) the expiration of the term of this MVSSAR; or
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