Exhibit 10.257
 
RESTRICTED STOCK UNITS GRANT AGREEMENT
 
THIS RESTRICTED STOCK UNITS GRANT AGREEMENT (this "Agreement") is dated the
____day of _______, 20___, between Dollar Thrifty Automotive Group, Inc., a
Delaware corporation (the "Company"), and _____________________ (the
"Non-Employee Director").

RECITALS:

A.           The Company's Second Amended and Restated Long-Term Incentive Plan
and Director Equity Plan (as amended and restated effective December 9, 2008),
and originally adopted by the Company's shareholders on May 20, 2005, as amended
(the "Plan") provides for the grant of Restricted Stock Units of the Company to
certain eligible employees and directors of the Company or its Subsidiaries
pursuant to the terms of the Plan and this Agreement.

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties hereby agree as follows:

 
1.
Defined Terms.  Defined terms used in this Agreement shall have the same meaning
as those terms defined and used in the Plan, unless otherwise indicated in this
Agreement.

 
2.
Grant of Restricted Stock Units.  The Company hereby grants ___________
Restricted Stock Units to the Non-Employee Director as of the date hereof
subject to the restrictions set forth herein. Unless otherwise provided herein,
the Restricted Stock Units shall vest on the Vesting Date (as defined below).

3.      Payment and Vesting.
 
 
(a)
Vesting.  Provided the Non-Employee Director remains in the continuous service
of the Company through __________, 20___ (the "Vesting Date"), the Restricted
Stock Units covered by this Agreement will become vested, non-forfeitable and
payable on such date. Payment of the Restricted Stock Units shall be made in the
form of Common Shares no later than two and one half months following the last
day of the year in which the Vesting Date occurs, unless otherwise provided in a
timely executed deferral agreement.

(b)           Separation from Service Other than in Connection With a Change in
Control.
Notwithstanding the provisions of Section 3(a), upon the separation from service
of the Non-Employee Director for any reason prior to the Vesting Date, other
than in connection with a Change in Control, the Restricted Stock Units awarded
hereby shall become vested, non-forfeitable and payable on a prorated basis
(rounded up to the nearest whole Restricted Stock Unit) based on the number of
days that the Non-Employee Director served on the Board from ________, 20___,
through the date of such separation. The balance of the Restricted Stock Units
awarded hereby shall be immediately forfeited upon the separation from
service.  Payment of the vested Restricted Stock Units shall be made in the form
of Common Shares no later than two and one half months following the date of the
separation from service, unless otherwise provided in a timely executed deferral
agreement.
 
 
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(c)
Change in Control.  Notwithstanding the provisions of Section 3(a), upon a
Change in Control prior to the Vesting Date, all Restricted Stock Units granted
pursuant to this Agreement shall become immediately vested, non-forfeitable and
Common Shares shall be issued to the Non-Employee Director on the Change of
Control Date, unless otherwise provided in a timely executed deferral agreement.
Notwithstanding the foregoing, for purposes of clarification and as provided in
the Plan, in no event shall payment of Restricted Stock Units, to the extent
they are subject to Section 409A of the Code, be accelerated as a result of a
Change in Control unless the events that have occurred would also constitute a
“Change in the Ownership or Effective Control of a Corporation or in the
Ownership of a Substantial Portion of the Assets of a Corporation” under
Treasury Department Final Regulation 1.409A-3(j)(5), or any successor thereto.

 
4.
Assignability.  Neither this grant nor the Restricted Stock Units that may be
awarded hereunder shall be assignable, except as permitted in accordance with
Section 11 of the Plan.

5.
Securities Laws Requirements.  This grant has not been registered under the
Securities Act of 1933, as amended, or any applicable state securities laws and
no transfer or assignment of this grant may be made in the absence of an
effective registration statement under such laws or the availability of an
exemption from the registration provisions thereof in respect of such transfer
or assignment.

6.
Integrated Agreement.  This Agreement shall consist of its terms and those terms
of the Plan which are relevant to this Agreement and both shall be read
together.

7.
Weekends, Holidays.  If the last or appointed day for the taking of any action
required or the expiration of any right granted herein shall be a Sunday, or a
Saturday or shall be a legal holiday or a day on which banking institutions in
Tulsa, Oklahoma, are authorized or required by law to remain closed, then such
action may be taken or right may be exercised on the next succeeding day which
is not a Sunday, a Saturday or a legal holiday and not a day on which banking
institutions in Tulsa, Oklahoma, are authorized or required by law to remain
closed.

8.
Amendments.  Any amendment to the Plan will be deemed to be an amendment to this
Agreement to the extent that the amendment is applicable hereto; provided,
however, that no amendment will adversely affect the rights of the Non-Employee
Director under this Agreement without the Non-Employee Director's consent.

9.
Severability.  In the event that one or more of the provisions of this Agreement
is invalidated for any reason by a court of competent jurisdiction, any
provision so invalidated will be deemed to be separable from the other
provisions hereof, and the remaining provisions hereof will continue to be valid
and fully enforceable.

 
 
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10.
Compliance with Section 409A of the Code.  This Agreement is intended to comply
with Section 409A of the Code and the grant hereunder and the terms of this
Agreement shall be administered in a manner that is intended to comply with
Section 409A of the Code and shall be construed and interpreted, to the extent
permitted by law, in accordance with such intent. It is not intended that this
grant be subject to Section 409A of the Code.  To the extent that the grant is
subject to Section 409A of the Code, it shall be granted and issued in a manner
that will comply with Section 409A of the Code, including any Guidance. Any
provision of this Agreement that would cause the grant or issuance to fail to
satisfy Section 409A of the Code shall have no force and effect until amended to
comply with Code Section 409A (which amendment may be retroactive to the extent
permitted by the Guidance).

11.
Compliance with Law.  Notwithstanding any other provision of this Agreement, the
Company will not be obligated to issue any Common Shares in payment of any
vested Restricted Stock Unit pursuant to this Agreement if the issuance thereof
would result in a violation of any laws.  The Company will make reasonable
efforts to comply with all applicable federal and state securities laws.

12.
Governing Law.  This Agreement shall be governed by and construed in accordance
with the laws of the State of Delaware.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement effective as
of the day and year above written.

Attest:
 
 
_______________________________
Secretary
DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
 
 
By:__________________________________________
       President and Chief Executive Officer
 
 
 
 
__________________________________________
Name:
Non-Employee Director
 
   

 
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