MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED BANK OF AMERICA, N.A.Fee Letter • March 12th, 2021
Contract Type FiledMarch 12th, 2021This letter (this “Fee Letter”) is delivered to you in connection with the senior unsecured bridge credit agreement (the “Credit Agreement”) dated of even date herewith (the “Commitment Date”), among Avnet, Inc., a New York corporation (“Avnet”), as borrower (in such capacity, the “Borrower”), the lenders party thereto and Bank of America, N.A. (“Bank of America”), as administrative agent, consisting of (i) a debt bridge facility of up to £557.0 million pounds sterling in senior unsecured loans (the “Debt Bridge Facility”), (ii) a refinancing bridge facility of up to $250.0 million in senior unsecured loans (the “Refinancing Bridge Facility”) and (iii) a cash bridge facility of up to £150.0 million (the “Cash Bridge Facility” and, collectively with the Debt Bridge Facility and the Refinancing Bridge Facility, the “Bridge Facilities”, and any loans made under the Bridge Facilities, collectively, the “Bridge Loans”). Terms that are defined in the Credit Agreement have the meanings given