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<SEC-DOCUMENT>0001299933-11-000015.txt : 20110103
<SEC-HEADER>0001299933-11-000015.hdr.sgml : 20101231
<ACCEPTANCE-DATETIME>20110103161825
ACCESSION NUMBER:		0001299933-11-000015
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20110103
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20110103
DATE AS OF CHANGE:		20110103

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AVNET INC
		CENTRAL INDEX KEY:			0000008858
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				111890605
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0628

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04224
		FILM NUMBER:		11502047

	BUSINESS ADDRESS:	
		STREET 1:		2211 SOUTH 47TH STREET
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85034
		BUSINESS PHONE:		4806432000

	MAIL ADDRESS:	
		STREET 1:		2211 SOUTH 47TH STREET
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85034
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_40256.htm
<DESCRIPTION>LIVE FILING
<TEXT>
<!-- CoverPageHeader start -->
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<TITLE> AVNET, INC. (Form: 8-K) </TITLE>
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<FONT SIZE="4">
		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
</FONT>
<BR>
<FONT SIZE="2">
	WASHINGTON, D.C. 20549
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="5">
	FORM 8-K
</FONT>
<FONT SIZE="2">

</FONT>
</P>
<P ALIGN="CENTER">
<FONT SIZE="3">
	CURRENT REPORT
</FONT>
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<P ALIGN="CENTER">
<FONT SIZE="2">
	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
</FONT>
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<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
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	&nbsp;
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	&nbsp;
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	&nbsp;
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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<TD ALIGN="CENTER" VALIGN="TOP">
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	January 3, 2011
</FONT>
</TD>
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</TABLE>
<BR>
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<!-- CoverPageTitle END --><!-- CoverPageRegistrant START -->
<P ALIGN="CENTER"><!-- -->
<FONT SIZE="6">
	AVNET, INC.
</FONT>
<FONT SIZE="2">
<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
</FONT>
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	&nbsp;
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	&nbsp;
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	&nbsp;
</TD>
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	New York
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	1-4224
</FONT>
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<FONT SIZE="2">
	11-1890605
</FONT>
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<FONT SIZE="2">
_____________________<BR>
	(State or other jurisdiction
</FONT>
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<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
_____________<BR>
	(Commission
</FONT>
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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<FONT SIZE="2">
	File Number)
</FONT>
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<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	Identification No.)
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	&nbsp;&nbsp;
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	&nbsp;
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	&nbsp;
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	2211 South 47th Street, Phoenix, Arizona
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<FONT SIZE="2">
	&nbsp;
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<TD ALIGN="CENTER" VALIGN="TOP">
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	85034
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</TD>
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<FONT SIZE="2">
_________________________________<BR>
	(Address of principal executive offices)
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<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
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___________<BR>
	(Zip Code)
</FONT>
</TD>
</TR>
</TABLE>
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<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">

<TR VALIGN="BOTTOM">
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	&nbsp;
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	&nbsp;
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	&nbsp;
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	Registrant&#146;s telephone number, including area code:
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</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
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<TD ALIGN="CENTER" VALIGN="TOP">
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	480-643-2000
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
<P ALIGN="CENTER">
<FONT SIZE="2">
	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="2">
	&nbsp;
</FONT>
<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
</P>
<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
</P></FONT><!-- PageBreak START -->
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<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<A HREF="#DOCUMENT_TOP">
<U>
<B>
<FONT SIZE="2">Top of the Form</FONT>
</B>
</U>
</A>
</DIV>
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<P ALIGN="LEFT">
<FONT SIZE="2">
<B>
	Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
As previously announced, the shareholders of Avnet, Inc. (the "Registrant") approved the Avnet, Inc. 2010 Stock Compensation Plan (the "Plan") at the annual meeting of shareholders held on November 5, 2010.  The form agreements to be used by the Registrant under the Plan are attached hereto as Exhibit 10.1.
</FONT>
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<BR><BR><BR><BR><!-- Item START -->
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<FONT SIZE="2">
<B>
	Item 9.01 Financial Statements and Exhibits.
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
(d)	Exhibits.<br><br>Exhibit Number	Description<br>10.1	Form agreements to be used by the Registrant under the Avnet, Inc. 2010 Stock Compensation Plan<br><br>(a)	Form of nonqualified stock option agreement<br>(b)	Form of incentive stock option agreement<br>(c)	Form of performance stock unit term sheet<br>(d)	Form of Long Term Incentive Letter<br><br>
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<A HREF="#DOCUMENT_TOP">
<U>
<B>
<FONT SIZE="2">Top of the Form</FONT>
</B>
</U>
</A>
</DIV>
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<P ALIGN="CENTER">
<FONT SIZE="2">
<B>
	SIGNATURES
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
</FONT>
</P>
<!-- SignatureHeader END --><!-- Signature START -->
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
<TD WIDTH="19%">
	&nbsp;
</TD>
<TD WIDTH="34%">
	&nbsp;
</TD>
<TD WIDTH="3%">
	&nbsp;
</TD>
<TD WIDTH="1%">
	&nbsp;
</TD>
<TD WIDTH="43%">
	&nbsp;
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	&nbsp;
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	&nbsp;
</FONT>
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<TD COLSPAN="3" VALIGN="TOP" ALIGN="LEFT">
<FONT SIZE="2">
	AVNET, INC.
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
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<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
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<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
</TR>
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<TD VALIGN="TOP">
<FONT SIZE="2">
<I>
	January 3, 2011
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	By:
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	/s/  Raymond Sadowski
</I>
<BR>
</FONT>
</TD>
</TR>
<TR>
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<HR SIZE="1" NOSHADE>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	Name: Raymond Sadowski
</I>
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	Title: Senior Vice President and Chief Financial Officer
</I>
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
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<FONT SIZE="2">Top of the Form</FONT>
</B>
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<!-- PageBreak END --><P ALIGN="CENTER">
<FONT SIZE="2">
	Exhibit&nbsp;Index
</FONT>
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<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="60%">
<TR VALIGN="BOTTOM">
<TD WIDTH="8%">
	&nbsp;
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<TD WIDTH="15%">
	&nbsp;
</TD>
<TD WIDTH="77%">
	&nbsp;
</TD>
</TR>

<BR>
<TR VALIGN="BOTTOM">
<TD NOWRAP ALIGN="LEFT">
<FONT SIZE="1">
<B>
	Exhibit No.
</B>
</FONT>
</TD>
<TD>
<FONT SIZE="1">
	&nbsp;
</FONT>
</TD>
<TD NOWRAP ALIGN="LEFT">
<FONT SIZE="1">
<B>
	Description
</B>
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</TD>
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</TD>
<TD>
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	&nbsp;
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</TD>
</TR>





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<FONT SIZE="2">
<DIV ALIGN="LEFT">
	10.1
</DIV>
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</TD>
<TD WIDTH="15%">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
<FONT SIZE="2">
Form agreements to be used by the Registrant under the Avnet, Inc. 2010 Stock Compensation Plan
</FONT>
</TD>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exhibit1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 3.2//EN">
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<HEAD>
<TITLE> EX-10.1 </TITLE>
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<BODY TEXT="#000000" BGCOLOR="#FFFFFF" ALINK="#0000FF" HLINK="#FF0000" VLINK="#800080">

<BODY style="font-family: 'Times New Roman',Times,serif">


<P align="right" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>Exhibit&nbsp;10.1(a)</B></FONT>



<P align="center" style="font-size: 12pt"><B>AVNET, INC.<BR>
TERM SHEET FOR 2010 STOCK COMPENSATION PLAN<BR>
NONQUALIFIED STOCK OPTIONS</B>



<P align="left" style="font-size: 12pt">FOR GOOD AND VALUABLE CONSIDERATION, Avnet, Inc. (the &#147;Company&#148;), hereby grants to the Participant
named below the nonqualified stock option (the &#147;Option&#148;) to purchase any part or all of the number
of shares of its common stock (the &#147;Stock&#148;) that are covered by this Option, as specified below, at
the exercise price per share specified below and upon the terms and subject to the conditions set
forth in this Term Sheet, the Avnet, Inc. 2010 Stock Compensation Plan (the &#147;Plan&#148;), and the
Standard Terms and Conditions for Nonqualified Stock Options (the &#147;Standard Terms and Conditions&#148;)
attached to this Term Sheet.

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="92%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD><DIV style="margin-left:20px; text-indent:-10px">Name of Participant:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Social Security Number:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Grant Date:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Number of Shares of Stock covered by Option:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Exercise Price Per Share:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Expiration Date:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Vesting Schedule:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:10px; text-indent:-10px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 12pt">This Option is not intended to qualify as an incentive stock option under Section&nbsp;422 of the
Internal Revenue Code of 1986, as amended. By accepting this Term Sheet, the Participant
acknowledges that he or she has received and read, and agrees that this Option shall be subject to,
the terms of this Term Sheet, the Plan, and the Standard Terms and Conditions.

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
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<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="65%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">AVNET, INC.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Participant&#146;s Printed Name<BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Participant Signature</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Address (please print):</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 12pt"><B>AVNET, INC.<BR>
STANDARD TERMS AND CONDITIONS FOR<BR>
NONQUALIFIED STOCK OPTIONS</B>



<P align="left" style="font-size: 12pt">These Standard Terms and Conditions for Nonqualified Stock Options (the &#147;Standard Terms and
Conditions&#148;) apply to any Options granted under the Avnet, Inc. 2010 Stock Compensation Plan (the
&#147;Plan&#148;) that are identified as nonqualified stock options and evidenced by a Term Sheet or an
action of the Administrator that refers to these Standard Terms and Conditions.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>TERMS OF OPTION</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Avnet, Inc. (&#147;Avnet&#148;) has granted to the Participant named in the attached Term Sheet a
nonqualified stock option (the &#147;Option&#148;) to purchase up to the number of shares of Avnet&#146;s
common stock (the &#147;Stock&#148;) set forth in the Term Sheet, at the purchase price per share and
upon the other terms and subject to the conditions set forth in the Term Sheet, these
Standard Terms and Conditions, and the Plan. For purposes of these Standard Terms and
Conditions and the Term Sheet, the &#147;Company&#148; refers to Avnet and its Subsidiaries.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>NON-QUALIFIED STOCK OPTION</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Option is not intended to be an incentive stock option under Section&nbsp;422 of the Internal
Revenue Code of 1986, as amended (the &#147;Code&#148;).


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EXERCISE OF OPTION</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Option shall not be exercisable as of the grant date set forth in the Term Sheet (the
&#147;Grant Date&#148;). After the Grant Date, the Option shall be exercisable only to the extent
that it becomes vested in accordance with the vesting schedule set forth in the Term Sheet,
subject to termination or acceleration as provided in these Standard Terms and Conditions
and the Plan. If the Participant&#146;s employment with the Company terminates, the Option shall
cease to be exercisable, except to the extent set forth in Section&nbsp;4, below.



<P align="left" style="margin-left:4%; font-size: 12pt">The vesting period and/or exercisability of an Option may be adjusted by the Administrator
to reflect the decreased level of employment during any period in which the Participant is
on an approved leave of absence or is employed on a less than full time basis, provided that
the Administrator may take into consideration any accounting consequences to the Company.



<P align="left" style="margin-left:4%; font-size: 12pt">To exercise the Option (or any part thereof), the Participant shall deliver to Avnet a
&#147;Notice of Exercise&#148; on a form specified by the Administrator, specifying the number of
whole shares of Stock Participant wishes to purchase, and shall pay the Exercise Price for
such shares.



<P align="left" style="margin-left:4%; font-size: 12pt">The exercise price of the Option (the &#147;Exercise Price&#148;) is set forth in the Term Sheet. The
Exercise Price and/or any required tax withholding may be paid in cash or by certified or
cashiers&#146; check, by &#147;cashless&#148; exercise methods such as direct share withholding, or by such
other method (including transfer of Stock previously owned by the Participant, or
broker-assisted Regulation&nbsp;T simultaneous exercise and sale), as the Administrator permits
in its sole discretion. Fractional shares may not be exercised.



<P align="left" style="margin-left:4%; font-size: 12pt">Shares of Stock will be issued as soon as practical after exercise; provided, however, that
Avnet shall not be obligated to deliver shares of Stock if (a)&nbsp;the Participant has not
satisfied all applicable tax withholding obligations, (b)&nbsp;the Stock is not properly
registered or subject to an applicable exemption therefrom, (c)&nbsp;the Stock is not listed on
the stock exchanges on which Avnet&#146;s Stock is otherwise listed, or (d)&nbsp;Avnet determines that
the exercisability of the Option or the delivery of shares hereunder would violate any
federal or state securities or other applicable laws. The Option may be rescinded if
necessary to ensure compliance with federal, state or other applicable laws. The
Participant shall not acquire or have any rights as a shareholder of Avnet until shares of
Stock issuable upon exercise of the Option are actually issued and delivered to the
Participant in accordance herewith.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EXPIRATION OF OPTION</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Except as provided in this Section&nbsp;4, the Option shall expire and cease to be exercisable as
of the Expiration Date set forth in the Term Sheet.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">A.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Participant&#146;s employment or service with the Company terminates prior to
a Change in Control for any reason other than death, disability, or Retirement (as
defined below), the Option shall immediately expire and cease to be exercisable.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">B.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Participant&#146;s employment or service with the Company terminates by
reason of Retirement (as defined below), the Option shall continue to vest as set forth
in the Term Sheet and these Standard Terms and Conditions and, subject to the special
rules that apply in the event of death (as set forth in Paragraph&nbsp;D, below), shall
remain exercisable until the earlier of (i)&nbsp;the fifth anniversary of the termination
event or (ii)&nbsp;the Expiration Date (unless such Option shall sooner be surrendered for
termination or expire). For purposes hereof, a cessation of employment will be treated
as a &#147;Retirement&#148; if (and only if) (a)&nbsp;the cessation of employment occurs after (I)&nbsp;the
Participant has attained at least age 55 and been credited with at least five years of
service with the Company and (II)&nbsp;the combination of the Participant&#146;s age plus years
of service is no less than 65; and (b)&nbsp;the Participant has signed a two-year
non-competition agreement in a form acceptable to the Company.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">C.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Participant&#146;s employment or service with the Company terminates by
reason of disability (as determined by the Administrator in its sole discretion), the
Option shall remain exercisable only to the extent vested as of such cessation of
employment and shall cease to be exercisable upon the earlier of (i)&nbsp;three months after
the date of the termination event or (ii)&nbsp;the Expiration Date (unless such Option shall
sooner be surrendered for termination or expire).</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">D.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Participant&#146;s employment or service with the Company terminates by
reason of death or the Participant dies within five years after Retirement from the
Company (as defined above), the Option shall be exercisable only to the extent vested
as of the date of death and shall cease to be exercisable upon the earliest of (i)&nbsp;the
first anniversary of the Participant&#146;s death, (ii)&nbsp;the Expiration Date, or (iii)&nbsp;the
fifth anniversary of the Participant&#146;s termination date, as set forth in Paragraph&nbsp;B,
above.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">E.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Notwithstanding any other provision of these Standard Terms and Conditions, in
the event of a Change in Control, the Option shall become immediately exercisable in
full (unless it shall sooner have been surrendered for termination or have expired).</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">F.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event of a public solicitation by any person, firm or corporation other
than the Company, of tenders of 50% or more of the then outstanding Stock (known
conventionally as a &#147;tender offer&#148;), the Administrator may (in its sole discretion)
accelerate exercisability of the Option if the Participant is then employed with the
Company, so that the Option shall become immediately exercisable in full; provided,
however, that any such accelerated exercisability shall cease upon the expiration,
termination or withdrawal of such &#147;tender offer,&#148; whereupon the Option shall be
exercisable only to the extent that it would have been exercisable if no such
acceleration or exercisability had been authorized.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">5.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>RESTRICTIONS ON RESALES OF OPTION SHARES</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Company may impose such restrictions, conditions, and limitations as it determines
appropriate as to the timing and manner of any resales by the Participant or other
subsequent transfers by the Participant of any shares of Stock issued as a result of the
exercise of the Option, including (a)&nbsp;restrictions under an insider trading policy,
(b)&nbsp;restrictions designed to delay and/or coordinate the timing and manner of sales by the
Participant and other optionholders, and (c)&nbsp;restrictions as to the use of a specified
brokerage firm for such resales or other transfers.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>6.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TAXES</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Participant acknowledges that the delivery of shares of Stock following exercise of the
Option will generally give rise to a withholding tax obligation, and that the issuance of
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shares of Stock hereunder is conditioned on timely satisfying such withholding obligation.
The Participant shall make arrangements satisfactory to the Company for satisfying such
withholding obligations. The Administrator, in its sole discretion, may allow the
Participant to satisfy all or part of such tax obligation through withholding of shares of
Stock otherwise issuable to the Participant; the Participant transferring to Avnet
nonrestricted shares of Stock previously owned by the Participant; and/or allowing the
Participant to engage in a broker-assisted Regulation&nbsp;T simultaneous exercise and sale. No
provision of the Plan, the Term Sheet, or these Standard Terms and Conditions shall be
construed to transfer to the Company or any of its affiliates any responsibility to pay any
income, employment, excise, or other taxes attributable to the grant or exercise of the
Option or the disposition of the underlying shares.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>7.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>NON-TRANSFERABILITY OF OPTION</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Except to the extent permitted by this Section&nbsp;7, the Option shall be exercisable during the
Participant&#146;s lifetime only by the Participant. The Option may not be sold, transferred,
pledged, assigned, exchanged, encumbered, or otherwise alienated or hypothecated, except (i)
by testamentary disposition by the Participant or the laws of descent and distribution, or
(ii)&nbsp;to the extent otherwise permitted by the Plan, if (and only if) approved by the
Administrator in its sole discretion.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>8.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>THE PLAN; DEFINED TERMS; ENTIRE AGREEMENT</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">In addition to these Standard Terms and Conditions, the Option shall be subject to the terms
of the Plan, which are incorporated into these Standard Terms and Conditions by this
reference. Capitalized terms not otherwise defined herein shall have the meaning set forth
in the Plan, and the rules of construction set forth in the Plan shall also apply to these
Standard Terms and Conditions.



<P align="left" style="margin-left:4%; font-size: 12pt">The Term Sheet, these Standard Terms and Conditions, and the Plan constitute the entire
understanding between the Participant and the Company regarding the Option. Any prior
agreements, commitments or negotiations concerning the Option are superseded.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>9.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>LIMITATION OF INTEREST IN SHARES SUBJECT TO OPTION</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Neither the Participant (individually or as a member of a group) nor any beneficiary or
other person claiming under or through the Participant shall have any right, title,
interest, or privilege in or to any shares of Stock allocated or reserved for the purpose of
the Plan or subject to the Term Sheet or these Standard Terms and Conditions, except as to
such shares of Stock, if any, that have been issued to such person upon exercise of the
Option or any part of it. Nothing in the Plan, the Term Sheet, these Standard Terms and
Conditions, or any other instrument executed pursuant to the Plan shall confer upon the
Participant any right to continue in the Company&#146;s employ or service or limit in any way the
Company&#146;s right to terminate the Participant&#146;s employment or service at any time and for any
reason.



<P align="left" style="margin-left:4%; font-size: 12pt">Neither the Award of this Option nor any shares of Stock issuable pursuant thereto shall be
included in compensation for purposes of determining the amount payable to or on behalf of
the Participant under any pension, savings, retirement, life insurance, or other employee or
director benefits arrangement of the Company, unless otherwise determined by the plan
sponsor.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>10.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>GENERAL</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">If any provision of these Standard Terms and Conditions is declared to be illegal, invalid,
or otherwise unenforceable by a court of competent jurisdiction, such provision shall be
reformed, if possible, to the extent necessary to render it legal, valid, and enforceable,
or otherwise deleted, and the remainder of these Standard Terms and Conditions shall not be
affected except to the extent necessary to reform or delete such illegal, invalid, or
unenforceable provision.



<P align="left" style="margin-left:4%; font-size: 12pt">The headings preceding the text of the sections hereof are inserted solely for convenience
of reference, and shall not constitute a part of these Standard Terms and Conditions, nor
shall they affect its meaning, construction, or effect.



<P align="left" style="margin-left:4%; font-size: 12pt">These Standard Terms and Conditions shall inure to the benefit of and be binding upon the
parties hereto and their respective permitted heirs, beneficiaries, successors and assigns.



<P align="left" style="margin-left:4%; font-size: 12pt">The Participant acknowledges that a copy of the Plan, the Plan prospectus, and Avnet&#146;s most
recent annual report to its shareholders has been delivered to the Participant.



<P align="left" style="margin-left:4%; font-size: 12pt">The Plan, the Term Sheet, and these Standard Terms and Conditions shall be governed,
construed, interpreted, and administered solely in accordance with the laws of the state of
New York, without regard to principles of conflicts of law.



<P align="left" style="margin-left:4%; font-size: 12pt">All questions arising under the Plan, the Term Sheet, and these Standard Terms and
Conditions shall be decided by the Administrator in its total and absolute discretion. It
is expressly understood that the Administrator is authorized to administer, construe, and
make all determinations necessary or appropriate to the administration of the Plan, the Term
Sheet, and these Standard Terms and Conditions; all such determinations shall be binding
upon the Participant.


<P align="center" style="font-size: 10pt; display: none">1
<!-- PAGEBREAK -->

<P align="right" style="font-size: 12pt"><B>Exhibit&nbsp;10.1 (b)</B>



<P align="center" style="font-size: 12pt"><B>AVNET, INC.<BR>
TERM SHEET FOR 2010 STOCK COMPENSATION PLAN<BR>
INCENTIVE STOCK OPTIONS</B>



<P align="left" style="font-size: 12pt">FOR GOOD AND VALUABLE CONSIDERATION, Avnet, Inc. (the &#147;Company&#148;), hereby grants to the Participant
named below the incentive stock option (the &#147;Option&#148;) to purchase any part or all of the number of
shares of its common stock (the &#147;Stock&#148;) that are covered by this Option, as specified below, at
the exercise price per share specified below and upon the terms and subject to the conditions set
forth in this Term Sheet, the Avnet, Inc. 2010 Stock Compensation Plan (the &#147;Plan&#148;), and the
Standard Terms and Conditions for Incentive Stock Options (the &#147;Standard Terms and Conditions&#148;)
attached to this Term Sheet.

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="92%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Name of Participant:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Social Security Number:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Grant Date:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Number of Shares of Stock covered by Option:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Exercise Price Per Share:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">$</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Expiration Date:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Vesting Schedule:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top"><BR>
</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 12pt">This Option is intended to qualify as an incentive stock option under Section&nbsp;422 of the Internal
Revenue Code of 1986, as amended. By accepting this Term Sheet, the Participant acknowledges that
he or she has received and read, and agrees that this Option shall be subject to, the terms of this
Term Sheet, the Plan, and the Standard Terms and Conditions.

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="65%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">AVNET, INC.<BR>
By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Participant&#146;s Printed Name</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Participant Signature</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Address: (please print)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 12pt"><B>AVNET, INC.<BR>
STANDARD TERMS AND CONDITIONS FOR<BR>
INCENTIVE STOCK OPTIONS</B>



<P align="left" style="font-size: 12pt">These Standard Terms and Conditions for Incentive Stock Options (the &#147;Standard Terms and
Conditions&#148;) apply to any Options granted under the Avnet, Inc. 2010 Stock Compensation Plan (the
&#147;Plan&#148;) that are identified as incentive stock options and evidenced by a Term Sheet or an action
of the Administrator that refers to these Standard Terms and Conditions.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>1.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TERMS OF OPTION</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Avnet, Inc. (&#147;Avnet&#148;) has granted to the Participant named in the attached Term Sheet an
incentive stock option (the &#147;Option&#148;) to purchase up to the number of shares of Avnet&#146;s
common stock (the &#147;Stock&#148;) set forth in the Term Sheet, at the purchase price per share and
upon the other terms and subject to the conditions set forth in the Term Sheet, these
Standard Terms and Conditions, and the Plan. For purposes of these Standard Terms and
Conditions and the Term Sheet, the &#147;Company&#148; refers to Avnet and its Subsidiaries.



<P align="left" style="margin-left:4%; font-size: 12pt">The Option is intended to be an incentive stock option under Section&nbsp;422 of the Internal
Revenue Code of 1986, as amended (the &#147;Code&#148;), except to the extent otherwise provided
herein. To the extent required by Section 422(d) of the Code, the Option shall not be
treated as an incentive stock option to the extent that the aggregate fair market value of
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shares of Stock with respect to incentive stock options that are exercisable for the first
time during any calendar year exceeds $100,000.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>2.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>EXERCISE OF OPTION</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Option shall not be exercisable as of the grant date set forth in the Term Sheet (the
&#147;Grant Date&#148;). After the Grant Date, the Option shall be exercisable only to the extent
that it becomes vested in accordance with the vesting schedule set forth in the Term Sheet,
subject to termination or acceleration as provided in these Standard Terms and Conditions
and the Plan. If the Participant&#146;s employment with the Company terminates, the Option shall
cease to be exercisable, except to the extent set forth in Section&nbsp;4, below.



<P align="left" style="margin-left:4%; font-size: 12pt">The vesting period and/or exercisability of an Option may be adjusted by the Administrator
to reflect the decreased level of employment during any period in which the Participant is
on an approved leave of absence or is employed on a less than full time basis, provided that
the Administrator may take into consideration any accounting consequences to the Company.



<P align="left" style="margin-left:4%; font-size: 12pt">To exercise the Option (or any part thereof), the Participant shall deliver to Avnet a
&#147;Notice of Exercise&#148; on a form specified by the Administrator, specifying the number of
whole shares of Stock Participant wishes to purchase, and shall pay the Exercise Price for
such shares.



<P align="left" style="margin-left:4%; font-size: 12pt">The exercise price of the Option (the &#147;Exercise Price&#148;) is set forth in the Term Sheet. The
Exercise Price and/or any required tax withholding may be paid in cash or by certified or
cashiers&#146; check, by &#147;cashless&#148; exercise methods such as direct share withholding, or by such
other method (including transfer of Stock previously owned by the Participant, or
broker-assisted Regulation&nbsp;T simultaneous exercise and sale), as the Administrator permits
in its sole discretion. Fractional shares may not be exercised.



<P align="left" style="margin-left:4%; font-size: 12pt">Shares of Stock will be issued as soon as practical after exercise; provided, however, that
Avnet shall not be obligated to deliver shares of Stock if (a)&nbsp;the Participant has not
satisfied all applicable tax withholding obligations, (b)&nbsp;the Stock is not properly
registered or subject to an applicable exemption therefrom, (c)&nbsp;the Stock is not listed on
the stock exchanges on which Avnet&#146;s Stock is otherwise listed, or (d)&nbsp;Avnet determines that
the exercisability of the Option or the delivery of shares hereunder would violate any
federal or state securities or other applicable laws. The Option may be rescinded if
necessary to ensure compliance with federal, state or other applicable laws. The
Participant shall not acquire or have any rights as a shareholder of Avnet until shares of
Stock issuable upon exercise of the Option are actually issued and delivered to the
Participant in accordance herewith.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>3.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>EXPIRATION OF OPTION</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Except as provided in this Section&nbsp;3, the Option shall expire and cease to be exercisable as
of the Expiration Date set forth in the Term Sheet.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">A.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Participant ceases to be employed by the Company prior to a Change in
Control for any reason other than death, disability, or Retirement (as defined below),
the Option shall immediately expire and cease to be exercisable.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">B.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Participant ceases to be employed by the Company by reason of Retirement
(as defined below), the Option shall continue to vest as set forth in the Term Sheet
and these Standard Terms and Conditions and, subject to the special rules that apply in
the event of death (as set forth in Paragraph&nbsp;D, below), shall remain exercisable until
the earlier of (i)&nbsp;the fifth anniversary of the Participant&#146;s cessation of employment
with the Company or (ii)&nbsp;the Expiration Date (unless such Option shall sooner be
surrendered for termination or expire). However, to the extent required by Section&nbsp;422
of the Code, the Option shall cease to be an incentive stock option three months after
the Participant ceases to be an employee of the Company and shall thereafter be a
nonqualified stock option. For purposes hereof, a cessation of employment will be
treated as a &#147;Retirement&#148; if (and only if) (a)&nbsp;the cessation of employment occurs after
(I)&nbsp;the Participant has attained at least age 55 and been credited with at least five
years of service with the Company and (II)&nbsp;the combination of the Participant&#146;s age
plus years of service is no less than 65; and (b)&nbsp;the Participant has signed a two-year
non-competition agreement in a form acceptable to the Company.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">C.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Participant ceases to be employed by the Company by reason of disability
(as determined by the Administrator in its sole discretion), the Option shall remain
exercisable only to the extent vested as of such cessation of employment and shall
cease to be exercisable upon the earlier of (i)&nbsp;three months after the date of such
cessation of employment or (ii)&nbsp;the Expiration Date (unless such Option shall sooner be
surrendered for termination or expire).</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">D.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Participant dies either while in the employ of the Company or within
five years after Retirement from the Company (as defined above), the Option shall be
exercisable only to the extent vested as of the date of death and shall cease to be
exercisable upon the earliest of (i)&nbsp;the first anniversary of the Participant&#146;s death,
(ii)&nbsp;the Expiration Date, or (iii)&nbsp;the fifth anniversary of the Participant&#146;s
termination date, as set forth in Paragraph&nbsp;B, above. If the Participant dies while
actively employed, or within three months after the Participant&#146;s cessation of
employment with the Company, the Option will continue to be treated as an incentive
stock option until the earliest of the dates described in the preceding sentence. If
the Participant&#146;s death occurs more than three (3)&nbsp;months after the Participant&#146;s
cessation of employment with the Company, the Option will cease to be an incentive
stock option and will be treated as a nonqualified stock option.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">E.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Notwithstanding any other provision of these Standard Terms and Conditions, in
the event of a Change in Control, the Option shall become immediately exercisable in
full (unless it shall sooner have been surrendered for termination or have expired).</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">F.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event of a public solicitation by any person, firm or corporation other
than the Company, of tenders of 50% or more of the then outstanding Stock (known
conventionally as a &#147;tender offer&#148;), the Administrator may (in its sole discretion)
accelerate exercisability of the Option if the Participant is then employed with the
Company, so that the Option shall become immediately exercisable in full; provided,
however, that any such accelerated exercisability shall cease upon the expiration,
termination or withdrawal of such &#147;tender offer,&#148; whereupon the Option shall be
exercisable only to the extent that it would have been exercisable if no such
acceleration or exercisability had been authorized.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>4.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>RESTRICTIONS ON RESALES OF OPTION SHARES</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Company may impose such restrictions, conditions, and limitations as it determines
appropriate as to the timing and manner of any resales by the Participant or other
subsequent transfers by the Participant of any shares of Stock issued as a result of the
exercise of the Option, including (a)&nbsp;restrictions under an insider trading policy,
(b)&nbsp;restrictions designed to delay and/or coordinate the timing and manner of sales by the
Participant and other optionholders, and (c)&nbsp;restrictions as to the use of a specified
brokerage firm for such resales or other transfers.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>5.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TAXES</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Participant acknowledges that the delivery of shares of Stock following exercise of the
Option will generally give rise to a withholding tax obligation, and that the issuance of
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shares of Stock hereunder is conditioned on timely satisfying such withholding obligation.
The Participant shall make arrangements satisfactory to the Company for satisfying such
withholding obligations. The Administrator, in its sole discretion, may allow the
Participant to satisfy all or part of such tax obligation through withholding of shares of
Stock otherwise issuable to the Participant; the Participant transferring to Avnet
nonrestricted shares of Stock previously owned by the Participant; and/or allowing the
Participant to engage in a broker-assisted Regulation&nbsp;T simultaneous exercise and sale. No
provision of the Plan, the Term Sheet, or these Standard Terms and Conditions shall be
construed to transfer to the Company or any of its affiliates any responsibility to pay any
income, employment, excise, or other taxes attributable to the grant or exercise of the
Option or the disposition of the underlying shares.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>6.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>NON-TRANSFERABILITY OF OPTION</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">To the extent that the Option is intended to be an incentive stock option, and to the extent
required by Section&nbsp;422 of the Code, the Option: (i)&nbsp;shall be exercisable during the
Participant&#146;s lifetime only by the Participant, and (ii)&nbsp;may not be sold, transferred,
pledged, assigned, exchanged, encumbered, or otherwise alienated or hypothecated, except&nbsp;by
testamentary disposition by the Participant or the laws of descent and distribution.



<P align="left" style="margin-left:4%; font-size: 12pt">If the Option is not an incentive stock option, then except to the extent permitted by this
paragraph, the Option shall be exercisable during the Participant&#146;s lifetime only by the
Participant. The Option may not be sold, transferred, pledged, assigned, exchanged,
encumbered, or otherwise alienated or hypothecated, except (i)&nbsp;by testamentary disposition
by the Participant or the laws of descent and distribution, or (ii)&nbsp;to the extent otherwise
permitted by the Plan, if (and only if) approved by the Administrator in its sole
discretion.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>7.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>THE PLAN; DEFINED TERMS; ENTIRE AGREEMENT</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">In addition to these Standard Terms and Conditions, the Option shall be subject to the terms
of the Plan, which are incorporated into these Standard Terms and Conditions by this
reference. Capitalized terms not otherwise defined herein shall have the meaning set forth
in the Plan, and the rules of construction set forth in the Plan shall also apply to these
Standard Terms and Conditions.



<P align="left" style="margin-left:4%; font-size: 12pt">The Term Sheet, these Standard Terms and Conditions, and the Plan constitute the entire
understanding between the Participant and the Company regarding the Option. Any prior
agreements, commitments or negotiations concerning the Option are superseded.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>8.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>LIMITATION OF INTEREST IN SHARES SUBJECT TO OPTION</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Neither the Participant (individually or as a member of a group) nor any beneficiary or
other person claiming under or through the Participant shall have any right, title,
interest, or privilege in or to any shares of Stock allocated or reserved for the purpose of
the Plan or subject to the Term Sheet or these Standard Terms and Conditions, except as to
such shares of Stock, if any, that have been issued to such person upon exercise of the
Option or any part of it. Nothing in the Plan, the Term Sheet, these Standard Terms and
Conditions, or any other instrument executed pursuant to the Plan shall confer upon the
Participant any right to continue in the Company&#146;s employ or service or limit in any way the
Company&#146;s right to terminate the Participant&#146;s employment at any time and for any reason.



<P align="left" style="margin-left:4%; font-size: 12pt">Neither the Award of this Option nor any shares of Stock issuable pursuant thereto shall be
included in compensation for purposes of determining the amount payable to or on behalf of
the Participant under any pension, savings, retirement, life insurance, or other employee or
director benefits arrangement of the Company, unless otherwise determined by the plan
sponsor.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>9.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>GENERAL</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">If any provision of these Standard Terms and Conditions is declared to be illegal, invalid,
or otherwise unenforceable by a court of competent jurisdiction, such provision shall be
reformed, if possible, to the extent necessary to render it legal, valid, and enforceable,
or otherwise deleted, and the remainder of these Standard Terms and Conditions shall not be
affected except to the extent necessary to reform or delete such illegal, invalid, or
unenforceable provision.



<P align="left" style="margin-left:4%; font-size: 12pt">The headings preceding the text of the sections hereof are inserted solely for convenience
of reference, and shall not constitute a part of these Standard Terms and Conditions, nor
shall they affect its meaning, construction, or effect.



<P align="left" style="margin-left:4%; font-size: 12pt">These Standard Terms and Conditions shall inure to the benefit of and be binding upon the
parties hereto and their respective permitted heirs, beneficiaries, successors and assigns.



<P align="left" style="margin-left:4%; font-size: 12pt">The Participant acknowledges that a copy of the Plan, the Plan prospectus, and Avnet&#146;s most
recent annual report to its shareholders has been delivered to the Participant.



<P align="left" style="margin-left:4%; font-size: 12pt">The Plan, the Term Sheet, and these Standard Terms and Conditions shall be governed,
construed, interpreted, and administered solely in accordance with the laws of the state of
New York, without regard to principles of conflicts of law.



<P align="left" style="margin-left:4%; font-size: 12pt">All questions arising under the Plan, the Term Sheet, and these Standard Terms and
Conditions shall be decided by the Administrator in its total and absolute discretion. It
is expressly understood that the Administrator is authorized to administer, construe, and
make all determinations necessary or appropriate to the administration of the Plan, the Term
Sheet, and these Standard Terms and Conditions; all such determinations shall be binding
upon the Participant.


<P align="center" style="font-size: 10pt; display: none">2
<!-- PAGEBREAK -->

<P align="right" style="font-size: 12pt"><B>Exhibit&nbsp;10.1 (c)</B>



<P align="center" style="font-size: 12pt"><B>AVNET, INC.<BR>
TERM SHEET FOR 2010 STOCK COMPENSATION PLAN<BR>
PERFORMANCE STOCK UNIT AWARD<BR>
For 3-Year Performance Periods Commencing with FY201_ and Subsequent FYs</B>



<P align="left" style="font-size: 12pt">FOR GOOD AND VALUABLE CONSIDERATION, Avnet, Inc. (the &#147;Company&#148;), hereby grants to the Participant
named below an award of performance stock units (the &#147;Performance Stock Units&#148; or &#147;PSUs&#148;) covering
the three-year Performance Period defined in the Standard Terms and Conditions and the number of
shares of its common stock (the &#147;Stock&#148;) specified below, upon the terms and conditions set forth
in this Term Sheet, the Avnet, Inc. 2010 Stock Compensation Plan (the &#147;Plan&#148;) and the Standard
Terms and Conditions for Performance Stock Units (the &#147;Standard Terms and Conditions&#148;) attached to
this Term Sheet.


<P align="left" style="font-size: 12pt">Name of Participant:


<P align="left" style="font-size: 12pt">Grant Date:


<P align="left" style="font-size: 12pt">Number of Share of Stock covered by PSUs:


<P align="left" style="font-size: 12pt">Vesting Schedule:



<P align="left" style="margin-left:4%; font-size: 12pt">The vesting conditions for the Performance Stock Units are set forth in the Standard Terms
and Conditions.


<P align="left" style="font-size: 12pt">By accepting this Term Sheet, the Participant acknowledges that he or she has received and read,
and agrees that these Performance Stock Units shall be subject to, the terms of this Term Sheet,
the Plan, and the Standard Terms and Conditions.

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="65%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">AVNET, INC.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Participant&#146;s Printed Name<BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Participant Signature</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Address (please print):</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt; display: none">3
<!-- PAGEBREAK -->


<P align="center" style="font-size: 12pt"><B>AVNET, INC.<BR>
2010 STOCK COMPENSATION PLAN<BR>
STANDARD TERMS AND CONDITIONS FOR<BR>
PERFORMANCE STOCK UNITS<BR>
FISCAL 201_ &#151; FISCAL 201_ PERFORMANCE PERIOD</B>



<P align="left" style="font-size: 12pt">These Standard Terms and Conditions for Performance Stock Units (the &#147;Standard Terms and
Conditions&#148;) apply to any Performance Stock Units granted under the Avnet, Inc. 2010 Stock
Compensation Plan (the &#147;Plan&#148;) for the Fiscal 201<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> through Fiscal 201<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> Performance Period (as
defined below) that are identified as performance stock units and evidenced by a Term Sheet or an
action of the Administrator that refers to these Standard Terms and Conditions.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>1.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TERMS OF PERFORMANCE STOCK UNITS</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Avnet, Inc. (&#147;Avnet&#148;) has granted to the Participant named in the attached Term Sheet
performance stock units (the &#147;Performance Stock Units&#148; or &#147;PSUs&#148;) covering the number of
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shares of its common stock (the &#147;Stock&#148;) set forth in the Term Sheet, subject to the
conditions set forth in the Term Sheet, these Standard Terms and Conditions, and the Plan.
For purposes of these Standard Terms and Conditions and the Term Sheet, the &#147;Company&#148; refers
to Avnet and its Subsidiaries.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>2.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>VESTING AND PERFORMANCE</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The PSUs shall vest based upon a 3-year cumulative performance cycle, beginning as of <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>, 201<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> and ending on <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>, 201<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> &#151; Fiscal 201<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> through 201<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> &#151; (the &#147;Performance
Period&#148;). The vesting of the Performance Stock Units is subject to (a)&nbsp;the Participant
remaining continuously employed by or in the service of the Company from the Grant Date
through the last day of the Performance Period and (b)&nbsp;Avnet achieving Relative Economic
Profit (&#147;EP&#148;) Improvement (as defined herein) equal to at least the Threshold level set
forth below. For purposes hereof:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Relative EP Improvement&#148; means the cumulative increase in Avnet&#146;s economic profit
during the Performance Period over its economic profit during the prior three-year
period (e.g., Fiscal 201<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> through Fiscal 20<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>) compared to the cumulative increase
during the Performance Period in the economic profit of an index of peer companies
consisting of the corporations listed on Exhibit&nbsp;A hereto, adjusted for size, and
expressed as the percentage by which Avnet&#146;s economic profit increase exceeds or is
exceeded by that of the index.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Economic profit&#148; for a business means operating income after tax, less a capital
charge on the amount of capital invested in the business. For purposes hereof,
&#147;operating income&#148; excludes certain items as determined by the Administrator, such as
restructuring charges, asset writedowns, impairments, and financial impacts of
accounting, tax, and regulatory changes, etc.</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The number of PSUs that will become vested (subject to satisfying the continuous employment
requirement described above) shall be determined in accordance with the following matrix:

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="83%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
</TR>
<TR style="font-size: 12pt" valign="bottom">
    <TD nowrap align="left"><B>3-Year Size Adjusted Cumulative Relative</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Percentage of PSUs Vesting</B></TD>
</TR>
<TR style="font-size: 12pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Economic Performance (EP) Improvement</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Maximum: =&#043;5.0%
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">200</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Target: 0.0%.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">100</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Below Threshold: = -5%
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="left" style="margin-left:4%; font-size: 12pt">If Avnet&#146;s actual Relative EP Improvement is between two achievement levels set forth in the
table above, the percentage vesting shall be determined by interpolation. Notwithstanding
the foregoing or any other provision of these Standard Terms and Conditions, with respect to
the Performance Periods covering FY2008 through FY2010 and FY2009 through FY2011, the
vesting percentage shall be limited to 100%.



<P align="left" style="margin-left:4%; font-size: 12pt">Following the end of the Performance Period and the collection of relevant data necessary to
determine the extent to which the performance goals set forth in this Paragraph&nbsp;2 have been
satisfied, the Administrator will determine: (a)&nbsp;the amount of Relative EP Improvement that
was achieved by Avnet over the Performance Period; and (b)&nbsp;the percentage of the Performance
Stock Units that vested as of the last day of the Performance Period. The Administrator
shall make these determinations in its sole discretion; provided, however, that if the
Participant is a &#147;covered employee&#148; under Section 162(m) of the Internal Revenue Code of
1986, as amended (the &#147;Code&#148;), the level of achievement of Relative EP Improvement shall be
determined in a manner that satisfies the requirements under Section 162(m) of the Code for
performance-based compensation and shall be evidenced by written certification of the
Compensation Committee of Avnet&#146;s Board of Directors. For the avoidance of doubt, except as
expressly provided otherwise in Paragraphs 4 through 6 herein below, any Performance Stock
Units that do not vest in accordance with the foregoing shall expire without consideration
on the last day of the Performance Period.



<P align="left" style="margin-left:4%; font-size: 12pt">Upon the vesting of all or a portion of the PSUs, one share of Stock shall be issuable for
each Performance Stock Unit that vests (the &#147;PSU Shares&#148;). Thereafter, Avnet shall transfer
such PSU Shares to the Participant. Such transfer shall occur as soon as practicable after
the satisfaction of all required tax withholding obligations, securities law registration
and other requirements, and applicable stock exchange listing, and in any event no later
than the last day of the &#147;applicable 2<FONT style="font-size: 75%">1/2</FONT> month period,&#148; as defined in Treas. Reg. &#167;
1.409A-1(b)(4)(i)(A).



<P align="left" style="margin-left:4%; font-size: 12pt">No fractional shares shall be issued with respect to vesting of Performance Stock Units.



<P align="left" style="margin-left:4%; font-size: 12pt">The Participant shall not acquire or have any rights as a shareholder of Avnet by virtue of
these Standard Terms and Conditions (or the Award evidenced thereby) until the shares of
Stock issuable pursuant to this Award are actually issued and delivered to the Participant
in accordance with the terms of the Plan and these Standard Terms and Conditions.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>3.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TERMINATION OF EMPLOYMENT OR SERVICE</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Except as provided below with respect to death, disability, Retirement, or Change in
Control, if the Participant ceases to be employed by or in the service of the Company for
any reason before the Performance Stock Units have fully vested pursuant to Paragraph&nbsp;2, the
Participant shall immediately forfeit all of the Performance Stock Units without
consideration.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>4.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DEATH OR DISABILITY OF PARTICIPANT</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">If the Participant&#146;s employment or service with the Company terminates by reason of the
Participant&#146;s death or disability (as determined by the Administrator in its sole
discretion), the Participant shall vest in a pro-rata share of the PSUs equal to the number
of PSUs that would have become vested had the Participant remained continuously employed by
the Company through the end of the Performance Period (based on Avnet&#146;s performance through
the end of the Performance Period), multiplied by a fraction, the numerator of which is the
number of full calendar quarters completed as of the date of death or disability, and the
denominator of which is 12. The number of PSU Shares payable and the timing of the transfer
of such PSU Shares shall be determined in accordance with Paragraph&nbsp;2, above. All
non-vested PSUs shall be forfeited.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>5.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>RETIREMENT</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">If the Participant&#146;s employment or service with the Company terminates by reason of
Retirement (as defined herein), the Participant shall vest in a pro-rata share of the PSUs
equal to the number of PSUs that would have become vested had the Participant remained
continuously employed by the Company through the end of the Performance Period (based on
Avnet&#146;s performance through the end of the Performance Period). For purposes hereof, a
cessation of employment will be treated as a &#147;Retirement&#148; if (and only if) (a)&nbsp;the cessation
of employment occurs after (I)&nbsp;the Participant has attained at least age 55 and been
credited with at least five years of service with the Company and (II)&nbsp;the combination of
the Participant&#146;s age plus years of service is no less than 65; and (b)&nbsp;the Participant has
signed a non-competition agreement in a form acceptable to the Company, covering the longer
of two years or the period from such cessation of employment through the end of the
Performance Period. The number of PSU Shares payable and the timing of the transfer of such
PSU Shares shall be determined in accordance with Paragraph&nbsp;2, above. All non-vested PSUs
shall be forfeited.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>6.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CHANGE IN CONTROL</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">In the event of a Change in Control, the Performance Stock Units shall become immediately
and fully vested and payable, and one share of Stock shall be issued for each Performance
Stock Unit no later than the last day of the &#147;applicable 2<FONT style="font-size: 75%">1/2</FONT> month period,&#148; as defined in
Treas. Reg. &#167; 1.409A-1(b)(4)(i)(A).


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>7.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TAXES</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Participant acknowledges that the delivery of unrestricted shares of Stock following
vesting of a Performance Stock Unit will generally give rise to a withholding tax
obligation, and that the issuance of shares of Stock hereunder is conditioned on timely
satisfying such withholding obligation. The Participant shall make arrangements
satisfactory to the Company for satisfying such withholding obligations. The Administrator,
in its sole discretion, may allow the Participant to satisfy all or part of such tax
obligation through withholding of shares of Stock otherwise issuable to the Participant,
with the amount of the withholding to be credited based on the current Fair Market Value of
the Stock. No provision of the Plan, the Term Sheet, or these Standard Terms and Conditions
shall be construed to transfer to the Company or any of its affiliates any responsibility to
pay any income, employment, excise, or other taxes attributable to a Performance Stock Unit.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>8.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>THE PLAN; DEFINED TERMS; ENTIRE AGREEMENT</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">In addition to these Standard Terms and Conditions, the Performance Stock Units shall be
subject to the terms of the Plan, which are incorporated into these Standard Terms and
Conditions by this reference. Capitalized terms not otherwise defined herein shall have the
meaning set forth in the Plan, and the rules of construction set forth in the Plan shall
also apply to these Standard Terms and Conditions.



<P align="left" style="margin-left:4%; font-size: 12pt">The Term Sheet, these Standard Terms and Conditions, and the Plan constitute the entire
understanding between the Participant and the Company regarding the Performance Stock Units.
Any prior agreements, commitments or negotiations concerning the Performance Stock Units
are superseded.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>9.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>RESTRICTIONS ON RESALES</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">The Company may impose such restrictions, conditions, and limitations as it determines
appropriate as to the timing and manner of any resales by the Participant or other
subsequent transfers by the Participant of any shares of Stock issued pursuant to the
Performance Stock Units, including (a)&nbsp;restrictions under an insider trading policy, (b)
restrictions designed to delay and/or coordinate the timing and manner of sales by the
Participant and other holders of awards granted under the Plan, and (c)&nbsp;restrictions as to
the use of a specified brokerage firm for such resales or other transfers.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>10.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>NO ASSIGNMENT</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">Performance Stock Units granted under the Plan may not be sold, transferred, pledged,
assigned, exchanged, encumbered or otherwise alienated or hypothecated until the Performance
Stock Units have vested and the corresponding shares of Stock have been issued, except to
the limited extent permitted by the Plan and approved by the Administrator in its sole
discretion.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>11.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>GENERAL</B></TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 12pt">If any provision of these Standard Terms and Conditions is declared to be illegal, invalid,
or otherwise unenforceable by a court of competent jurisdiction, such provision shall be
reformed, if possible, to the extent necessary to render it legal, valid, and enforceable,
or otherwise deleted, and the remainder of these Standard Terms and Conditions shall not be
affected except to the extent necessary to reform or delete such illegal, invalid, or
unenforceable provision.



<P align="left" style="margin-left:4%; font-size: 12pt">The headings preceding the text of the sections hereof are inserted solely for convenience
of reference, and shall not constitute a part of these Standard Terms and Conditions, nor
shall they affect its meaning, construction, or effect.



<P align="left" style="margin-left:4%; font-size: 12pt">These Standard Terms and Conditions shall inure to the benefit of and be binding upon the
parties hereto and their respective permitted heirs, beneficiaries, successors, and assigns.



<P align="left" style="margin-left:4%; font-size: 12pt">The Participant acknowledges that a copy of the Plan, the Plan prospectus, and Avnet&#146;s most
recent annual report to its shareholders has been delivered to the Participant.



<P align="left" style="margin-left:4%; font-size: 12pt">Nothing in the Plan, the Term Sheet, these Standard Terms and Conditions, or any other
instrument executed pursuant to the Plan shall confer upon the Participant any right to
continue in the Company&#146;s employ or service or limit in any way the Company&#146;s right to
terminate the Participant&#146;s employment or service at any time and for any reason.



<P align="left" style="margin-left:4%; font-size: 12pt">Neither this Award nor any shares of Stock issuable hereunder shall be included in
compensation for purposes of determining the amount payable to or on behalf of the
Participant under any pension, savings, retirement, life insurance, or other employee or
director benefits arrangement of the Company, unless otherwise determined by the plan
sponsor.



<P align="left" style="margin-left:4%; font-size: 12pt">The Plan, the Term Sheet, and these Standard Terms and Conditions shall be governed,
construed, interpreted, and administered solely in accordance with the laws of the state of
New York, without regard to principles of conflicts of law.



<P align="left" style="margin-left:4%; font-size: 12pt">All questions arising under the Plan, the Term Sheet, and these Standard Terms and
Conditions shall be decided by the Administrator in its total and absolute discretion. It
is expressly understood that the Administrator is authorized to administer, construe, and
make all determinations necessary or appropriate to the administration of the Plan, the Term
Sheet, and these Standard Terms and Conditions; all such determinations shall be binding
upon the Participant.


<P align="right" style="font-size: 12pt"><B>Exhibit&nbsp;10.1 (d)</B>



<P align="left" style="font-size: 12pt">To:

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="11%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="84%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">From:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Ray Sadowski</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR></TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Re:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Long-Term Incentive Plan &#150; Restricted Stock Unit</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 12pt">Attached please find information related to the issuance of shares of Avnet, Inc. Common Stock
(&#147;Shares&#148;) that you may earn under the Avnet, Inc. 2010 Stock Compensation Plan (the &#147;Plan&#148;).


<P align="left" style="font-size: 12pt">You are entitled to receive Shares in five (5)&nbsp;annual installments commencing in January&nbsp;&nbsp;&nbsp;,
provided that you are continuously employed by Avnet or one of its Subsidiaries through the
installment date. You will receive in each January a letter confirming the delivery of your award.


<P align="left" style="font-size: 12pt">In most tax jurisdictions, you will have the obligation to pay income taxes on the value of these
Shares when are delivered to you in each January and not when they are awarded. In general, the
value of the Shares will be the number of Shares delivered times the fair market value per Share on
the January delivery date (the &#147;FMV&#148;). In the U.S., delivery of your Shares will be subject to
withholding for employment and income taxes. For participants residing in other countries, you
will be subject to the laws of the appropriate taxing jurisdiction, which in most cases results in
taxable income equal to the value of the shares received as noted above. Should you have any
questions concerning the taxability of these shares, please call the Tax Department at the
Corporate office in Phoenix.



<P align="center" style="font-size: 10pt; display: none">4




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