Amendment to SERP Participation Letter for Sean J. Kerins – Arrow Electronics, Inc.

Contract Categories: Human Resources › Retirement Agreements
Summary

Arrow Electronics, Inc. has amended Sean J. Kerins' Supplemental Executive Retirement Plan (SERP) participation to update the definition of his normal retirement age. Under this amendment, his normal retirement age is now the later of age 60 or his actual termination date, as per the SERP Plan. All other terms of his participation and the SERP Plan remain unchanged. This amendment recognizes his new role and continued service with the company.

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EX-10.A 2 arwexhibit10aq222.htm EX-10.A Document
Exhibit 10(a)



May 16, 2022

Mr. Sean J. Kerins
Centennial, Colorado


Dear Sean,

Arrow Electronics, Inc.’s Board of Directors approved an enhancement to your retirement benefits (the “SERP Benefits”) under the Arrow Electronics, Inc. Supplemental Executive Retirement Plan, as amended and restated effective January 1, 2009 (the “SERP Plan”).

In recognition of your new role and continued service, your SERP participation letter dated
July 30, 2014, is hereby amended to reflect that the definition of your normal retirement age for purposes of the SERP will be the later of (1) age 60 and (2) your actual termination date in accordance with the terms of the SERP Plan.

Except as provided above, all other terms and conditions of your participation and the SERP Plan remain the same.

Best Regards,

/s/ Gretchen Zech

Gretchen Zech
Senior Vice President, Chief Governance, Sustainability, and Human Resources Officer