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EX-31.2 - EXHIBIT 31.2 - GLOBAL INDUSTRIAL Coex31_2.htm
EX-14 - EXHIBIT 14 - GLOBAL INDUSTRIAL Coex14.htm
EX-23 - EXHIBIT 23 - GLOBAL INDUSTRIAL Coex23.htm
EX-21 - EXHIBIT 21 - GLOBAL INDUSTRIAL Coex21.htm
EX-32.1 - EXHIBIT 32.1 - GLOBAL INDUSTRIAL Coex32_1.htm
EX-32.2 - EXHIBIT 32.2 - GLOBAL INDUSTRIAL Coex32_2.htm
EX-31.1 - EXHIBIT 31.1 - GLOBAL INDUSTRIAL Coex31_1.htm
10-K - SYSTEMAX INC. 10-K 12-31-2015 - GLOBAL INDUSTRIAL Coform10k.htm
EX-10.35 - EXHIBIT 10.35 - GLOBAL INDUSTRIAL Coex10_35.htm
EX-10.37 - EXHIBIT 10.37 - GLOBAL INDUSTRIAL Coex10_37.htm
EX-10.36 - EXHIBIT 10.36 - GLOBAL INDUSTRIAL Coex10_36.htm

EXHIBIT 10.38
 
AMENDMENT NO. 3 TO
ASSET PURCHASE AGREEMENT
 
This Amendment No. 3 (this “Amendment”) to that certain Asset Purchase Agreement (the “Purchase Agreement”), dated November 17, 2015, by and among PCM Sales, Inc., a California corporation and successor to Intelligent IT, Inc., a Delaware corporation (“U.S. Purchaser”), Acrodex Inc., an Alberta corporation (“Canadian Purchaser” and, together with U.S. Purchaser, “Purchaser”), PCM, Inc., a Delaware corporation and the ultimate parent of Purchaser (“PCM”), Systemax Inc., a Delaware corporation (“Systemax”), and TigerDirect, Inc., a Florida corporation, TigerDirect CA, Inc., a corporation organized under the laws of Ontario, Canada, Global Gov/Ed Solutions, Inc., a Delaware corporation, Infotel Distributors Inc., a Delaware corporation, Tek Serv Inc., a Delaware corporation, Global Computer Supplies, Inc., a New York corporation, SYX Distribution Inc., a Delaware corporation, SYX Services Inc., a Delaware corporation, SYX North American Tech Holdings, LLC, a Delaware limited liability company, Software Licensing Center, Inc., a Florida corporation, and Pocahontas Corp., a Delaware corporation (individually a “Seller” and collectively “Sellers”) is made and entered into as of February 14, 2016 by and among Purchaser, PCM, Systemax and Sellers.  Capitalized terms used but not defined in this Amendment shall have the meaning ascribed to such terms in the Purchase Agreement.
 
1.                 Amendment of Section 1.6(c).  The reference to the date “February 15, 2016” set forth in the first sentence of Section 1.6(c) of the Agreement shall be deleted and replaced with “February 29, 2016.”
 
2.                 Continued Validity of Purchase Agreement.  Except as specifically amended hereby, the Purchase Agreement shall remain in full force and effect as originally constituted.
 
3.                 Entire Agreement.  This Amendment embodies the entire understanding between the parties with respect to the subject matter hereof and can be modified only by a written instrument executed by all parties.
 
4.                 Incorporation of Miscellaneous Provisions.  This Amendment shall be subject to the miscellaneous provisions contained in Article 11 of the Purchase Agreement, which are hereby incorporated by reference herein, mutatis mutandis.
 
 [Remainder of page intentionally left blank]



IN WITNESS WHEREOF, the parties have caused this Amendment No. 3 to Asset Purchase Agreement to be executed effective as of the date first written above.
 
PCM SALES, INC.
 
PCM, INC.
 
           
By:
/s/ Stephen Moss
 
By:
/s/ Frank Khulusi  
Name:
Stephen Moss
 
Name:
Frank Khulusi
 
Title:
President  
Title:
Chief Executive Officer  
           
ACRODEX INC.
 
SYSTEMAX INC.
 
           
By:
/s/ Yasmin Jivraj
 
By:
/s/ Larry Reinhold
 
Name:
Yasmin Jivraj  
Name:
Larry Reinhold  
Title:
President
 
Title:
Chief Financial Officer  
           
TIGERDIRECT, INC.
 
TEK SERV INC.
 
           
By:
/s/ Larry Reinhold  
By:
/s/ Larry Reinhold
 
Name:
Larry Reinhold  
Name:
Larry Reinhold  
Title:
President
 
Title:
President
 
           
TIGERDIRECT CA, INC.
 
GLOBAL COMPUTER SUPPLIES, INC.
 
       
By:
/s/ Larry Reinhold
 
By:
/s/ Larry Reinhold  
Name:
Larry Reinhold  
Name:
Larry Reinhold  
Title:
President  
Title:
President  
           
GLOBAL GOV/ED SOLUTIONS, INC.   SYX DISTRIBUTION INC.  
       
By:
/s/ Larry Reinhold
 
By:
/s/ Larry Reinhold  
Name:
Larry Reinhold  
Name:
Larry Reinhold
 
Title:
President  
Title:
President  
           
INFOTEL DISTRIBUTORS INC.
  SYX NORTH AMERICAN TECH HOLDINGS, LLC  
       
By:
/s/ Larry Reinhold  
By:
/s/ Larry Reinhold
 
Name:
Larry Reinhold
 
Name:
Larry Reinhold  
Title:
President  
Title:
President  
           
SYX SERVICES INC.
  SOFTWARE LICENSING CENTER, INC.  
       
By:
/s/ Larry Reinhold
 
By:
/s/ Larry Reinhold  
Name:
Larry Reinhold  
Name:
Larry Reinhold  
Title:
President  
Title:
President  
           
POCAHONTAS CORP.
       
           
By:
/s/ Larry Reinhold
       
Name:
Larry Reinhold
       
Title:
President