AMENDMENT TO EMPLOYMENT AGREEMENT
with Steven H. Owings
THIS AMENDMENT (the “Amendment”), effective as of March 31, 2006, by and between ScanSource, Inc., a South
Carolina corporation (the “Company”), and Steven H. Owings (“Executive”), amends that certain Employment Agreement,
originally dated as of October 18, 2002 and amended and restated effective as of May 11, 2005, by and between the Company
and Executive (the “Employment Agreement”).
In consideration of the mutual promises and covenants herein contained, the parties hereto agree as follows:
1. Section 7(a)(ii) of the Employment Agreement is hereby deleted in its entirety, and the subsequent subsections are
2. Section 7(b) of the Employment Agreement is hereby deleted in its entirety and replaced with the following;
“(b) Death . If Executive’s employment is terminated by reason of Executive’s death during the Employment Period,
this Agreement shall terminate without further obligations to Executive’s legal representatives under this Agreement, other
than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall
be paid to Executive’s estate or beneficiary, as applicable, in a lump sum in cash within 30 days of the Date of Termination.
With respect to the provision of Other Benefits, the term Other Benefits as used in this Section 7(b) shall include, without
limitation, and Executive’s estate and/or beneficiaries shall be entitled to receive, benefits under such plans, programs,
practices and policies relating to death benefits, if any, as are applicable to Executive on the date of his death.”
3. The first sentence of Section 7(c) of the Employment Agreement is hereby amended by deleting the words, “provision of
Post-Termination Medical Benefits, ”.
4. The first sentence of Section 7(d) of the Employment Agreement is hereby amended by deleting the words,
“continuation of Post-Termination Medical Benefits, ”.
5. Exhibit A to the Emplo