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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

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FORM 8-K

 

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CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): March 28, 2005

 

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SYNNEX CORPORATION

(Exact name of registrant as specified in its charter)

 

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Delaware		001-31892		94-2703333
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

 

44201 Nobel Drive Fremont, California		94538
(Address of principal executive offices)		(Zip Code)

 

(510) 656-3333

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report.)

 

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))

 

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Item 1.01 Entry into a Material Definitive Agreement.

 

On March 22, 2005, the Board of Directors of SYNNEX Corporation (the “Company”) approved the following amendments to the Company’s 2003 Employee Stock Purchase Plan (the “ESPP”) to be effective on April 1, 2005:

 

1. Reduction of participant purchase price discount of Company stock from 15% to 5%;

 

2. Reduction of 2 year offering periods and 6 month accumulation periods to 3 month offering periods;

 

3. Maximum purchase limit of $10,000 of stock per calendar year per participant; and

 

4. Directors and below are eligible to participate and associate vice president and above are no longer eligible to participate in the ESPP.

 

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SIGNATURE

 

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.

 

Dated: March 28, 2005

 

 

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