Common use of NUMBER OF OPTIONS GRANTED Clause in Contracts

NUMBER OF OPTIONS GRANTED. In exchange for electing to waive the Waiver Amount specified in Paragraph 2, above, you are hereby granted an option to purchase the number of shares of MicroAge, Inc. Common Stock calculated pursuant to the formula below (to be completed by MicroAge): (1) Waiver Amount: $ 48,000 (2) $48,000 (Waiver Amount) Multiplied by Four (4) (the "Leverage Factor"): $192,000 (3) Common Stock Closing Price on Effective Date (April 23, 1999) (the "Common Stock Price"): $ 5.875 (4) Total Options Granted (2) / (3) (rounded up): 32,681

NUMBER OF OPTIONS GRANTED. In exchange for electing to waive the Waiver Amount specified in Paragraph 2, above, you are hereby granted an option to purchase the number of shares of MicroAge, Inc. Common Stock calculated pursuant to the formula below (to be completed by MicroAge): (1) Waiver Amount: $ 48,000 $162,500 (2) $48,000 162,500 (Waiver Amount) Multiplied by Four (4) (the "Leverage Factor"): $192,000650,000 (3) Common Stock Closing Price on Effective Date (April 23, 1999) (the "Common Stock Price"): $ 5.875 (4) Total Options Granted (2) / (3) (rounded up): 32,681110,639

NUMBER OF OPTIONS GRANTED. In exchange for electing to waive the Waiver Amount specified in Paragraph 2, above, you are hereby granted an option to purchase the number of shares of MicroAge, Inc. Common Stock calculated pursuant to the formula below (to be completed by MicroAge): (1) Waiver Amount: $ 48,00060,000 (2) $48,000 60,000 (Waiver Amount) Multiplied by Four (4) (the "Leverage Factor"): $192,000240,000 (3) Common Stock Closing Price on Effective Date (April 23, 1999) (the "Common Stock Price"): $ 5.875 (4) Total Options Granted (2) / (3) (rounded up): 32,68140,851

NUMBER OF OPTIONS GRANTED. In exchange for electing to waive the Waiver Amount specified in Paragraph 2, above, you are hereby granted an option to purchase the number of shares of MicroAge, Inc. Common Stock calculated pursuant to the formula below (to be completed by MicroAge): (1) Waiver Amount: $ 48,00085,000 (2) $48,000 85,000 (Waiver Amount) Multiplied by Four (4) (the "Leverage Factor"): $192,000340,000 (3) Common Stock Closing Price on Effective Date (April 23, 1999) (the "Common Stock Price"): $ 5.875 (4) Total Options Granted (2) / (3) (rounded up): 32,68157,873