Avnet 2014 Annual Report Download - page 104

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Exhibit 10.23(c)
AVNET, INC.
TERM SHEET FOR 2013 STOCK COMPENSATION AND INCENTIVE PLAN
PERFORMANCE STOCK UNIT AWARD
FISCAL 20__ - FISCAL 20__ PERFORMANCE PERIOD
Avnet, Inc. hereby grants to the Participant named below an award of performance stock units (the “Performance Stock Units”
or
“PSUs”) for the three-
year Performance Period defined in the Standard Terms and Conditions, upon the terms and conditions set
forth in this Term Sheet, the Avnet, Inc. 2013 Stock Compensation and Incentive Plan (the “Plan”),
and the Standard Terms and
Conditions for Performance Stock Units (the “Standard Terms and Conditions”) attached to this Term Sheet.
Name of Participant:
Grant Date:
Target Number of Shares:
Vesting Schedule:
The vesting conditions for the PSUs are set forth in the Standard Terms and Conditions.
By accepting this award, the Participant acknowledges that he or she has received and read, and agrees that these PSUs shall be
subject to, the terms of the Plan, this Term Sheet and the attached Standard Terms and Conditions.
AVNET, INC.
By: _____________________
Kevin Moriarty
Title: Senior Vice President &
Chief Financial Officer