Vice President of Fulfillment Operations Severance Agreement - R. Wayne Roland

EXHIBIT 10.14



SEPARATION AGREEMENT





This Agreement, with an effective date of January 7, 1999 by and between PC Connection, Inc., a Delaware corporation with offices at 730 Milford Road, Merrimack, New Hampshire 03054 ("PC Connection") and R. Wayne Roland, residing at 22 Federation Drive, Bedford, New Hampshire 03110 ("Roland" or "you").



WHEREAS, Roland has been employed by PC Connection since March, 1996 as Vice President of Fulfillment Operations; and



WHEREAS, Roland and PC Connection mutually desire to terminate the current employment relationship; and



WHEREAS, Roland and PC Connection desire to set forth severance and other terms;



NOW, THEREFORE, the parties hereby agree as follows:



1. SEVERANCE BENEFITS. The following are in lieu of any severance benefits that you would otherwise be entitled to under any other agreement, letter, policy, or verbal communication, including the letter agreement dated March 4,



(a) PC Connection will pay you severance at your base rate of $175,000 per annum through January 6, 2000. In addition, PC Connection will (i) continue to provide you with life insurance and medical and health benefits through December 31, 1999, (ii) pay you the bonus under your 1998 plan, the net amount of which is $29,075, and (iii) pay you for accrued but unused vacation for 1998 and 1999, the amount of which is $13,461.54. You will not be eligible for any additional bonuses or payments.



(b) PC Connection represents that you are currently vested in 19,665 stock options under your Incentive Stock Option Agreement ("Option Agreement") with an exercise price of $5.72 per share. As provided in your Option Agreement, you shall have 30 days in which to exercise the vested stock options.



(c) PC Connection represents that you are currently not vested in 24,164 additional stock options under the Option Agreement and these non-vested options will terminate.

2. COOPERATION.



(a) During the period of your pay continuation period, as provided above, you agree to provide reasonable cooperation to PC Connection, at its request, for the purpose of completing projects on which you have worked. You agree not to contact employees of PC Connection unl ...