Exhibit 10.37


 


Certain
portions of this exhibit have been omitted pursuant to a request for
confidential treatment as indicated by [REDACTED] and separately filed with the
Commission.


 


daimlerchrysler


 


August 10, 2005


DaimlerChrysler

Motors Company LLC


Fleet Operations


Mr. Bill Lobeck


Vanguard Car Rental USA Inc.


PO Box 22233


Tulsa, OK 74121-2233


 


Dear Bill,


 


This letter is to confirm our agreement for 2006MY GDP
and Risk purchases from Vanguard Car Rental USA Inc., a total of [REDACTED] units.


 


DaimlerChrysler is in agreement to provide Vanguard a
total GDP allocation of [REDACTED]
units as follows:


 


	
  Body Model

  	
   

  	
  Volume

  	
   

  
	
  Sebring/Stratus Sedan

  	
   

  	
   

  	
   

  
	
  Sebring Convertible

  	
   

  	
   

  	
   

  
	
  Magnum

  	
   

  	
   

  	
   

  
	
  300/300C

  	
   

  	
   

  	
   

  
	
  Liberty

  	
   

  	
   

  	
   

  
	
  PT Cruiser

  	
   

  	
  [REDACTED]

  	
   

  
	
  PT Cruiser Convertible

  	
   

  	
   

  	
   

  
	
  Gr. Caravan/Town & Country

  	
   

  	
   

  	
   

  
	
  Durango

  	
   

  	
   

  	
   

  
	
  Pacifica

  	
   

  	
   

  	
   

  
	
  Gr. Cherokee 4X2/4X4

  	
   

  	
   

  	
   

  
	
  Commander

  	
   

  	
   

  	
   

  
	
  Total

  	
   

  	
   

  	
   

  



 


Note:   All GDP
orders must include your Client Code 4PK.
DaimlerChrysler Fleet Account Number (FAN) 52540 and
GDP Program Order Code 3SM.


 


As part of the commitment made between DaimlerChrysler
and Vanguard, DaimlerChrysler agrees to offer a special Daily Rental Incentive
Program (DRIP) for these units. A payment of $[REDACTED]
per unit will be issued monthly to Vanguard as orders are delivered (KZ X
status) and reported sold. Vanguard agrees to order [REDACTED] 2006MY vehicles for delivery by December 31,
2005.


 


All GDP units will be eligible to be “taken out” of
the GDP Program at the end of their in-service time.   Such units will be eligible for the Non
Return Allowance Program. [REDACTED]


 


DaimlerChrysler
Motors Company LLC

800 Chrysler Drive   CIMS 48348-15

Auburn Hills MI USA   48326-2757


A Company of the DaimlerChrysler Group


 

















 


Vanguard agrees to purchase the following [REDACTED] Risk units, with incentives
as listed:


 


	
   

  	
   

  	
   

  	
   

  	
  Daily
  Rental

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Body

  	
   

  	
  Minimum

  	
   

  	
  Purchase

  	
   

  	
  Additional

  	
   

  	
   

  	
   

  
	
  Model

  	
   

  	
  Volume

  	
   

  	
  Allowance

  	
   

  	
  Risk
  Incentive

  	
   

  	
  Total

  	
   

  
	
  Liberty 4X2/4X4

  	
   

  	
  [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  
	
  PT Cruiser Conv.

  	
   

  	
  [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  
	
  Wrangler

  	
   

  	
  [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  
	
  Grand Cherokee 4X2/4X4

  	
   

  	
  [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  	
  $ [REDACTED]

  	
   

  
	
  Total

  	
   

  	
  [REDACTED]

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  



 


1.                                       The published “Daily Rental Purchase Allowance”
will be an invoice credit per Program Rules.


 


2.                                       Additional risk incentives will be paid
monthly based on the following:


 


•                                            Proper coding of orders. Orders must
include Risk Program Order Code “3B8”,
your Client Code 4PK and
DaimlerChrysler FAN 52540.


 


•                                            Submission of correctly processed NVDR’s.
All sales must be reported as a Type 7
sale with the program code number 37A5V.


 


4.                                       Minimum volume must be achieved or only
the Daily Rental Purchase Allowance will be paid and the additional Risk
Incentive will be forfeited.


 


We appreciate your business Bill, and look forward to
working together in the future. Please let us know if you have any questions or
there is anything else we can assist you with in the future.


 


Sincerely,


 


 


	
  /s/ F. E. Dankovich

  	
   

  	
   

  
	
  F. E. Dankovich

  	
  Concur

  	
  /s/ W. J. Havey

  	
   

  
	
  Sr. Manager Daily Rental Sales

  	
  W. J. Havey, Controller

  
	
   

  	
   

  
	
   

  	
   

  
	
  Concur

  	
   /s/ Bill Lobeck

  	
   

  	
  Concur

  	
  /s/ Tom Kennedy 

  	
   

  
	
   

  	
  Bill Lobeck, President and CEO

  	
  Tom Kennedy, CFO

  
	
   

  	
  Vanguard Car Rental USA Inc.

  	
  Vanguard Car Rental USA Inc.

  
	
   

  	
   

  
	
   

  	
   

  
	
  Concur

  	
   /s/ Bill Lobeck

  	
  Concur

  	
  /s/ Barry Benoit

  	
   

  
	
   

  	
  Bill Lobeck, President and CEO

  	
  Barry Benoit, VP of Fleet

  
	
   

  	
  Vanguard Car Rental USA Inc.

  	
  Vanguard Car Rental USA Inc.

  
	
   

  	
   

  
	
   

  	
   

  
	
  CC:

  	
  D. L Campau

  	
   

  
	
   

  	
  P. W. Dougherty

  	
   

  
	
   

  	
  G.M. Agostinelli