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Insight Enterprises Inc – ‘10-K’ for 12/31/19 – ‘EX-10.5’

On:  Friday, 2/21/20, at 4:02pm ET   ·   For:  12/31/19   ·   Accession #:  1564590-20-5741   ·   File #:  0-25092

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/21/20  Insight Enterprises Inc           10-K       12/31/19  133:21M                                    ActiveDisclosure/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.99M 
 2: EX-4.3      Instrument Defining the Rights of Security Holders  HTML     52K 
 4: EX-10.12    Material Contract                                   HTML    173K 
 3: EX-10.5     Material Contract                                   HTML     40K 
 5: EX-21       Subsidiaries List                                   HTML     50K 
 6: EX-23.1     Consent of Experts or Counsel                       HTML     39K 
 7: EX-24.1     Power of Attorney                                   HTML     37K 
 8: EX-24.2     Power of Attorney                                   HTML     37K 
 9: EX-24.3     Power of Attorney                                   HTML     37K 
10: EX-24.4     Power of Attorney                                   HTML     37K 
11: EX-24.5     Power of Attorney                                   HTML     37K 
12: EX-24.6     Power of Attorney                                   HTML     37K 
13: EX-24.7     Power of Attorney                                   HTML     37K 
14: EX-24.8     Power of Attorney                                   HTML     37K 
15: EX-31.1     Certification -- §302 - SOA'02                      HTML     46K 
16: EX-31.2     Certification -- §302 - SOA'02                      HTML     46K 
17: EX-32.1     Certification -- §906 - SOA'02                      HTML     41K 
67: R1          Document and Entity Information                     HTML    101K 
129: R2          Consolidated Balance Sheets                         HTML    120K  
95: R3          Consolidated Balance Sheets (Parenthetical)         HTML     54K 
43: R4          Consolidated Statements of Operations               HTML    121K 
66: R5          Consolidated Statements of Comprehensive Income     HTML     51K 
128: R6          Consolidated Statements of Stockholders' Equity     HTML     98K  
94: R7          Consolidated Statements of Stockholders' Equity     HTML     42K 
                (Parenthetical)                                                  
44: R8          Consolidated Statements of Cash Flows               HTML    133K 
59: R9          Operations and Summary of Significant Accounting    HTML    181K 
                Policies                                                         
35: R10         Sales Recognition                                   HTML    416K 
56: R11         Assets Held for Sale                                HTML     40K 
118: R12         Property and Equipment                              HTML     76K  
82: R13         Goodwill                                            HTML    100K 
36: R14         Intangible Assets                                   HTML     77K 
57: R15         Accounts Payable - Inventory Financing Facilities   HTML     43K 
119: R16         Debt, Finance Leases and Other Financing            HTML    125K  
                Obligations                                                      
83: R17         Leases                                              HTML    195K 
39: R18         Stock-Based Compensation                            HTML    108K 
55: R19         Income Taxes                                        HTML    294K 
116: R20         Market Risk Management                              HTML     44K  
104: R21         Fair Value Measurements                             HTML     44K  
31: R22         Benefit Plans                                       HTML     41K 
78: R23         Share Repurchase Programs                           HTML     66K 
117: R24         Commitments and Contingencies                       HTML     51K  
106: R25         Supplemental Financial Information                  HTML     73K  
32: R26         Cash Flows                                          HTML     61K 
79: R27         Segment and Geographic Information                  HTML    554K 
115: R28         Acquisitions                                        HTML    194K  
107: R29         Selected Quarterly Financial Information            HTML    312K  
86: R30         Operations and Summary of Significant Accounting    HTML    257K 
                Policies (Policies)                                              
123: R31         Operations and Summary of Significant Accounting    HTML    103K  
                Policies (Tables)                                                
52: R32         Sales Recognition (Tables)                          HTML    422K 
34: R33         Property and Equipment (Tables)                     HTML     74K 
85: R34         Goodwill (Tables)                                   HTML     95K 
122: R35         Intangible Assets (Tables)                          HTML     79K  
51: R36         Debt, Finance Leases and Other Financing            HTML    115K 
                Obligations (Tables)                                             
33: R37         Leases (Tables)                                     HTML    200K 
84: R38         Stock-Based Compensation (Tables)                   HTML    102K 
124: R39         Income Taxes (Tables)                               HTML    291K  
99: R40         Share Repurchase Programs (Tables)                  HTML     66K 
109: R41         Supplemental Financial Information (Tables)         HTML     72K  
77: R42         Cash Flows (Tables)                                 HTML     59K 
30: R43         Segment and Geographic Information (Tables)         HTML    563K 
97: R44         Acquisitions (Tables)                               HTML    188K 
108: R45         Selected Quarterly Financial Information (Tables)   HTML    311K  
76: R46         Operations and Summary of Significant Accounting    HTML    100K 
                Policies - Additional Information (Detail)                       
29: R47         Operations and Summary of Significant Accounting    HTML     54K 
                Policies - Estimated Economic Lives of Property                  
                and Equipment (Detail)                                           
96: R48         Operations and Summary of Significant Accounting    HTML     70K 
                Policies - Reconciliation of Denominators of Basic               
                and Diluted EPS Calculations (Detail)                            
110: R49         Sales Recognition - Summary of Revenue              HTML    126K  
                Disaggregated by Reportable Operating Segments                   
                (Detail)                                                         
126: R50         Sales Recognition - Summary of Information about    HTML     55K  
                Receivables and Contract Liabilities (Detail)                    
87: R51         Sales Recognition - Summary of Changes in Contract  HTML     47K 
                Liabilities from Contract with Customers (Detail)                
49: R52         Sales Recognition - Summary of Estimated Net Sales  HTML     53K 
                Related to Performance Obligation (Detail)                       
68: R53         Sales Recognition - Summary of Estimated Net Sales  HTML     40K 
                Related to Performance Obligation (Detail 1)                     
127: R54         Sales Recognition - Additional Information          HTML     41K  
                (Detail)                                                         
88: R55         Sales Recognition - Summary Effects of Adopting     HTML    152K 
                Topic 606 on Consolidated Statement of Operations                
                (Detail)                                                         
50: R56         Assets Held for Sale - Additional Information       HTML     40K 
                (Detail)                                                         
69: R57         Property and Equipment - Property and Equipment     HTML     60K 
                (Detail)                                                         
125: R58         Property and Equipment - Additional Information     HTML     54K  
                (Detail)                                                         
89: R59         Goodwill - Changes in Carrying Amount of Goodwill   HTML     63K 
                (Detail)                                                         
23: R60         Goodwill - Additional Information (Detail)          HTML     61K 
72: R61         Intangible Assets - Summary of Intangible Assets,   HTML     49K 
                Net (Detail)                                                     
111: R62         Intangible Assets - Additional Information          HTML     41K  
                (Detail)                                                         
100: R63         Intangible Assets - Future Amortization Expenses    HTML     54K  
                (Detail)                                                         
26: R64         Accounts Payable - Inventory Financing Facilities   HTML     62K 
                - Additional Information (Detail)                                
75: R65         Debt, Finance Leases and Other Financing            HTML     60K 
                Obligations - Long-Term Debt (Detail)                            
114: R66         Debt, Finance Leases and Other Financing            HTML    154K  
                Obligations - Additional Information (Detail)                    
103: R67         Debt, Finance Leases and Other Financing            HTML     49K  
                Obligations - Schedule of Convertible Senior Notes               
                Balances (Detail)                                                
27: R68         Debt, Finance Leases and Other Financing            HTML     50K 
                Obligations - Summary of Equity Components of                    
                Notes Included in Additional Paid-in Capital                     
                (Detail)                                                         
70: R69         Debt, Finance Leases and Other Financing            HTML     47K 
                Obligations - Summary of Interest Expense                        
                Components Resulting From Notes (Detail)                         
63: R70         Leases - Additional Information (Detail)            HTML     62K 
48: R71         Leases - Schedule of Financial Statement            HTML     64K 
                Classification of Lease Balances With Consolidated               
                Balance Sheet (Detail)                                           
93: R72         Leases - Schedule of Financial Statement            HTML     40K 
                Classification of Lease Balances With Consolidated               
                Balance Sheet (Parenthetical) (Detail)                           
133: R73         Leases - Schedule of Financial Statement            HTML     51K  
                Classification of Lease Balances With Consolidated               
                Statement of Operations (Detail)                                 
60: R74         Leases - Schedule of Future Minimum Lease Payments  HTML     92K 
                Under Non-cancelable Leases (Detail)                             
45: R75         Leases - Schedule of Weighted Average Remaining     HTML     47K 
                Term and Discount Rates (Detail)                                 
90: R76         Leases - Schedule of Cash Flows Associated With     HTML     42K 
                the Company's Leasing Activities (Detail)                        
130: R77         Leases - Schedule of Cash Flows Associated With     HTML     40K  
                the Company's Leasing Activities (Parenthetical)                 
                (Detail)                                                         
65: R78         Leases - Future Minimum Lease Payment (Detail)      HTML     57K 
42: R79         Stock-Based Compensation - Pre-tax Amounts by       HTML     51K 
                Operating Segment for Stock-Based Compensation                   
                (Detail)                                                         
62: R80         Stock-Based Compensation - Additional Information   HTML     57K 
                (Detail)                                                         
47: R81         Stock-Based Compensation - Summary of Restricted    HTML     67K 
                Stock Units Activity (Detail)                                    
92: R82         Stock-Based Compensation - Summary of Restricted    HTML     44K 
                Stock Units Activity (Parenthetical) (Detail)                    
132: R83         Income Taxes - Income Tax Expense (Detail)          HTML     73K  
61: R84         Income Taxes - Earnings Before Income Taxes         HTML     49K 
                (Detail)                                                         
46: R85         Income Taxes - Schedule Reconciles Difference       HTML    109K 
                between U.S. Federal Income Taxes at U.S.                        
                Statutory Rate and Our Income Tax Expense (Detail)               
91: R86         Income Taxes - Additional Information (Detail)      HTML     77K 
131: R87         Income Taxes - Significant Components of Deferred   HTML     74K  
                Tax Assets and Liabilities (Detail)                              
64: R88         Income Taxes - Net Non-Current Deferred Tax Assets  HTML     53K 
                and Liabilities (Detail)                                         
41: R89         Market Risk Management - Additional Information     HTML     55K 
                (Detail)                                                         
24: R90         Benefit Plans - Additional Information (Detail)     HTML     43K 
73: R91         Share Repurchase Programs - Additional Information  HTML     39K 
                (Detail)                                                         
112: R92         Share Repurchase Programs - Summary of Shares of    HTML     47K  
                Common Stock Repurchased Under Repurchase Programs               
                (Detail)                                                         
101: R93         Commitments and Contingencies - Additional          HTML     38K  
                Information (Detail)                                             
25: R94         Supplemental Financial Information - Summary of     HTML     46K 
                Additions and Deductions Related to Allowances for               
                Doubtful Accounts (Detail)                                       
74: R95         Cash Flows - Schedule of Cash Payments for          HTML     43K 
                Interest on Indebtedness and Cash Payments for                   
                Taxes on Income (Detail)                                         
113: R96         Segment and Geographic Information - Additional     HTML     42K  
                Information (Detail)                                             
102: R97         Segment and Geographic Information - Net Sales by   HTML     80K  
                Offering for North America, EMEA and APAC (Detail)               
28: R98         Segment and Geographic Information - Financial      HTML    114K 
                Information about Reportable Operating Segments                  
                (Detail)                                                         
71: R99         Segment and Geographic Information - Summary of     HTML     50K 
                Total Assets by Reportable Operating Segment                     
                (Detail)                                                         
37: R100        Segment and Geographic Information - Summary of     HTML     58K 
                Geographic Net Sales and Long-Lived Assets                       
                (Detail)                                                         
53: R101        Segment and Geographic Information - Pre-Tax        HTML     55K 
                Depreciation and Amortization by Operating Segment               
                (Detail)                                                         
120: R102        Acquisitions - Additional Information (Detail)      HTML    148K  
81: R103        Acquisitions - Summary of Purchase Price and        HTML     76K 
                Estimated Fair Value of Assets Acquired and                      
                Liabilities Assumed (Detail)                                     
38: R104        Acquisitions - Estimated Useful Lives of            HTML     53K 
                Identifiable Intangibles (Detail)                                
54: R105        Acquisitions - Summary of Unaudited Pro Forma       HTML     73K 
                Information (Detail)                                             
121: R106        Selected Quarterly Financial Information -          HTML    111K  
                Consolidated Quarterly Financial Information                     
                (Detail)                                                         
80: XML         IDEA XML File -- Filing Summary                      XML    241K 
105: XML         XBRL Instance -- nsit-10k_20191231_htm               XML   6.26M  
40: EXCEL       IDEA Workbook of Financial Reports                  XLSX    152K 
19: EX-101.CAL  XBRL Calculations -- nsit-20191231_cal               XML    304K 
20: EX-101.DEF  XBRL Definitions -- nsit-20191231_def                XML    951K 
21: EX-101.LAB  XBRL Labels -- nsit-20191231_lab                     XML   1.74M 
22: EX-101.PRE  XBRL Presentations -- nsit-20191231_pre              XML   1.52M 
18: EX-101.SCH  XBRL Schema -- nsit-20191231                         XSD    264K 
58: JSON        XBRL Instance as JSON Data -- MetaLinks              483±   805K 
98: ZIP         XBRL Zipped Folder -- 0001564590-20-005741-xbrl      Zip    431K 


‘EX-10.5’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 <!   C: 

EXHIBIT 10.5

 

FIRST AMENDMENT

TO THE INSIGHT ENTERPRISES, INC.

EXECUTIVE MANAGEMENT SEPARATION PLAN

 

Effective January 1, 2008, Insight Enterprises, Inc. (the “Company”) adopted the Insight Enterprises, Inc. Executive Management Separation Plan (the “Plan”). The Plan was most recently amended and restated effective August 29, 2019.  By this instrument, the Company now desires to amend the Plan as set forth below.

1.Except as otherwise provided, this First Amendment shall be effective as of February 1, 2020.

2.Section 2.1(k) (Definitions – Employee) is hereby amended by the addition of the following new sentences to the end thereof to read as follows:

Effective on and after February 1, 2020, certain individuals who were employed by PCM, Inc. (“PCM”) and affiliates of PCM and who are participants in the PCM Inc. Separation Plan will become employees of the Company (each a “Former PCM Employee”).  Former PCM Employees shall not be treated as “Employees” for purposes of this Plan and shall be ineligible to participate in this Plan.

 

3.Section 3.2 (Certain Employees Ineligible for Benefits) is hereby amended by the addition of the following new subsection (i) to the end thereof to read as follows:

(i)Former PCM Employees.

4.This First Amendment amends only the provisions of the Plan as noted above, and those provisions not expressly amended shall be considered in full force and effect.  Notwithstanding the foregoing, this First Amendment shall supersede the provisions of the Plan to the extent those provisions are inconsistent with the provisions and intent of this First Amendment.

 

 


 

IN WITNESS WHEREOF, the Company has caused this First Amendment to be executed as of this 31st day of January 2020.

INSIGHT ENTERPRISES, INC.

By: /s/ Lisanne Steinheiser

Its: Assistant Secretary

 


Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/21/20None on these Dates
2/1/20
For Period end:12/31/19
8/29/19
1/1/08
 List all Filings 


5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/22/24  Insight Enterprises Inc.          10-K       12/31/23  124:23M                                    Workiva Inc Wde… FA01/FA
 5/19/23  Insight Enterprises Inc.          S-8         5/19/23    5:4.6M                                   Workiva Inc Wde… FA01/FA
 2/16/23  Insight Enterprises Inc.          10-K       12/31/22  116:94M                                    Workiva Inc Wde… FA01/FA
 2/18/22  Insight Enterprises Inc.          10-K       12/31/21  126:13M                                    Workiva Inc Wde… FA01/FA
 2/17/21  Insight Enterprises Inc.          10-K       12/31/20  129:21M                                    ActiveDisclosure/FA
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Filing Submission 0001564590-20-005741   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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