EX-10.1



 Exhibit 10.1 
  

 
  

FORM OF 
 SALE AGREEMENT

 between 
 FIFTH THIRD
AUTO TRUST 20[  ]-[  ], 
 as Issuer 

and 
 FIFTH THIRD HOLDINGS
FUNDING, LLC, 
 as Seller 

Dated as of [                    ] 

 
  

 







 TABLE OF CONTENTS 

 

							
	 	  	 	  	PAGE	 
		
	ARTICLE I          DEFINITIONS AND USAGE	  			
			
	 SECTION 1.1
	  	   Definitions
	  	 	1	  
			
	 SECTION 1.2
	  	   Other Interpretive Provisions
	  	 	1	  
		
	ARTICLE II        PURCHASE	  			
			
	 SECTION 2.1
	  	   Conveyance of Transferred Assets
	  	 	2	  
		
	ARTICLE III       REPRESENTATIONS, WARRANTIES AND COVENANTS	  			
			
	 SECTION 3.1
	  	   Representations and Warranties of Seller
	  	 	2	  
			
	 SECTION 3.2
	  	   Liability of the Seller
	  	 	3	  
			
	 SECTION 3.3
	  	   Merger or Consolidation of, or Assumption of the Obligations of, Seller
	  	 	4	  
			
	 SECTION 3.4
	  	   Seller May Own Notes
	  	 	5	  
			
	 SECTION 3.5
	  	   Sarbanes-Oxley Act Requirements
	  	 	5	  
			
	 SECTION 3.6
	  	   Compliance with Organizational Documents
	  	 	5	  
			
	 SECTION 3.7
	  	   Protection of Title
	  	 	5	  
			
	 SECTION 3.8
	  	   Other Liens or Interests
	  	 	6	  
			
	 SECTION 3.9
	  	   Perfection Representations, Warranties and Covenants
	  	 	6	  
			
	 SECTION 3.10
	  	   Compliance with the FDIC Rule
	  	 	6	  
		
	ARTICLE IV      MISCELLANEOUS	  			
			
	 SECTION 4.1
	  	   Transfers Intended as Sale; Security Interest
	  	 	6	  
			
	 SECTION 4.2
	  	   Notices, Etc
	  	 	7	  
			
	 SECTION 4.3
	  	   Choice of Law
	  	 	8	  
			
	 SECTION 4.4
	  	   Headings
	  	 	8	  
			
	 SECTION 4.5
	  	   Counterparts
	  	 	8	  
			
	 SECTION 4.6
	  	   Amendment
	  	 	8	  
			
	 SECTION 4.7
	  	   Waivers
	  	 	9	  
			
	 SECTION 4.8
	  	   Entire Agreement
	  	 	9	  
			
	 SECTION 4.9
	  	   Severability of Provisions
	  	 	9	  
			
	 SECTION 4.10
	  	   Binding Effect
	  	 	10	  
			
	 SECTION 4.11
	  	   Acknowledgment and Agreement
	  	 	10	  
			
	 SECTION 4.12
	  	   Cumulative Remedies
	  	 	10	  
			
	 SECTION 4.13
	  	   Nonpetition Covenant
	  	 	10	  


  
 i 









 TABLE OF CONTENTS 

(continued) 
  


							
	 	  	 	  	PAGE	 
			
	 SECTION 4.14
	  	   Submission to Jurisdiction; Waiver of Jury Trial
	  	 	10	  
			
	 SECTION 4.15
	  	   Limitation of Liability
	  	 	11	  
			
	 SECTION 4.16
	  	   Information Requests
	  	 	12	  
			
	 SECTION 4.17
	  	   Form 8-K Filings
	  	 	12	  
			
	 SECTION 4.18
	  	   [Limitations of Rights]
	  	 	12	  

  

			
	Exhibit A	  	Form of Assignment Pursuant to Sale Agreement
	Schedule I	  	Notice Addresses
	Schedule II	  	Perfection Representations, Warranties and Covenants
	Appendix A	  	Definitions


  
 ii 








 This SALE AGREEMENT, is made and entered into as of
[                      ] (as amended, restated, supplemented or otherwise modified and in effect from time to time, this
“Agreement”), by and between FIFTH THIRD AUTO TRUST 20[  ]-[  ] (the “Issuer”), a Delaware statutory trust, and FIFTH THIRD HOLDINGS FUNDING, LLC, a Delaware limited liability company (the
“Seller”). 
 WITNESSETH: 

WHEREAS, the Issuer desires to purchase from the Seller a portfolio of motor vehicle receivables, including motor vehicle
retail installment sale contracts and/or installment loans that are secured by new and used automobiles, light-duty trucks, vans and other motor vehicles; and 

WHEREAS, the Seller is willing to sell such portfolio of motor vehicle receivables and related property to the Issuer on the
terms and conditions set forth in this Agreement. 
 NOW, THEREFORE, in consideration of the premises and the mutual
agreements set forth herein, the parties hereto agree as follows: 
 ARTICLE I 

DEFINITIONS AND USAGE 

SECTION 1.1        Definitions.  Except as otherwise defined herein
or as the context may otherwise require, capitalized terms used but not otherwise defined herein are defined in Appendix A hereto, which contains rules as to usage that are applicable herein. 

SECTION 1.2        Other Interpretive Provisions.  For purposes of
this Agreement, unless the context otherwise requires: (a) accounting terms not otherwise defined in this Agreement, and accounting terms partly defined in this Agreement to the extent not defined, shall have the respective meanings given to them
under GAAP (provided, that, to the extent that the definitions in this Agreement and GAAP conflict, the definitions in this Agreement shall control); (b) terms defined in Article 9 of the UCC as in effect in the relevant jurisdiction and not
otherwise defined in this Agreement are used as defined in that Article; (c) the words “hereof,” “herein” and “hereunder” and words of similar import refer to this Agreement as a whole and not to any particular
provision of this Agreement; (d) references to any Article, Section, Schedule, Appendix or Exhibit are references to Articles, Sections, Schedules, Appendices and Exhibits in or to this Agreement and references to any paragraph, subsection, clause
or other subdivision within any Section or definition refer to such paragraph, subsection, clause or other subdivision of such Section or definition; (e) the term “including” (and all variations thereof) means “including without
limitation”; (f) except as otherwise expressly provided herein, references to any law or regulation refer to that law or regulation as amended from time to time and include any successor law or regulation; (g) references to any Person include
that Person’s successors and assigns; and (h) headings are for purposes of reference only and shall not otherwise affect the meaning or interpretation of any provision hereof. 

  

					
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 ARTICLE II 

PURCHASE 

SECTION 2.1        Conveyance of Transferred Assets.   In
consideration of the Issuer’s sale and delivery to, or upon the order of, the Seller of (i) all of the Notes and (ii) the Certificates on the Closing Date, the Seller does hereby transfer, assign, sell, contribute and otherwise convey to the
Issuer without recourse (subject to the obligations herein) on the Closing Date all of its right, title, interest, claims and demands, whether now owned or hereafter acquired, in, to and under the Transferred Assets, as evidenced by an assignment
substantially in the form of Exhibit A (the “Assignment”) delivered on the Closing Date. The sale, transfer, assignment, contribution and conveyance made hereunder does not constitute and is not intended to result in an
assumption by the Issuer of any obligation of the Seller, FTH LLC or the Originator to the Obligors, the Dealers, insurers or any other Person in connection with the Receivables or the other assets and properties conveyed hereunder or any agreement,
document or instrument related thereto. 
 ARTICLE III 

REPRESENTATIONS, WARRANTIES AND COVENANTS 

SECTION 3.1        Representations and Warranties of
Seller.     The Seller makes the following representations and warranties as of the Closing Date on which the Issuer will be deemed to have relied in acquiring the Transferred Assets. The representations and
warranties will survive the conveyance of the Transferred Assets to the Issuer pursuant to this Agreement and the pledge thereof by the Issuer to the Indenture Trustee pursuant to the Indenture: 

(a)        Existence and Power.   The Seller is a limited
liability company validly existing and in good standing under the laws of the State of Delaware and has, in all material respects, all power and authority to carry on its business as it is now conducted. The Seller has obtained all necessary
licenses and approvals in each jurisdiction where the failure to do so would materially and adversely affect the ability of the Seller to perform its obligations under the Transaction Documents or affect the enforceability or collectibility of the
Receivables or any other part of the Transferred Assets. 

(b)        Authorization and No Contravention.   The execution,
delivery and performance by the Seller of the Transaction Documents to which it is a party (i) have been duly authorized by all necessary limited liability company action on the part of the Seller and (ii) do not contravene or constitute a default
under (A) any applicable law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order or other instrument to which it is a party or its property is subject (other than, in the case of clauses (A), (B) and
(C), violations which do not affect the legality, validity or enforceability of any of such agreements and which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the Seller’s
ability to perform its obligations under, the Transaction Documents). 

  

					
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 (c)        No Consent
Required.    No approval or authorization by, or filing with, any Governmental Authority is required in connection with the execution, delivery and performance by the Seller of any Transaction Document other than (i) UCC
filings, (ii) approvals and authorizations that have previously been obtained and filings that have previously been made and (iii) approvals, authorizations or filings which, if not obtained or made, would not have a material adverse effect on the
enforceability or collectibility of the Receivables or any other part of the Transferred Assets or would not materially and adversely affect the ability of the Seller to perform its obligations under the Transaction Documents. 

(d)        Binding Effect.    Each Transaction Document to
which the Seller is a party constitutes the legal, valid and binding obligation of the Seller enforceable against the Seller in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium, receivership, conservatorship or other similar laws affecting the enforcement of creditors’ rights generally and, if applicable, the rights of creditors of limited liability companies from time to time in effect or
by general principles of equity. 
 (e)        No
Proceedings.   There are no Proceedings pending or, to the knowledge of the Seller, threatened against the Seller before or by any Governmental Authority that (i) assert the invalidity or unenforceability of this Agreement or any
of the other Transaction Documents, (ii) seek to prevent the issuance of the Notes or the consummation of any of the transactions contemplated by this Agreement or any of the other Transaction Documents, (iii) seek any determination or ruling that
would materially and adversely affect the performance by the Seller of its obligations under this Agreement or any of the other Transaction Documents or the collectibility or enforceability of the Receivables or (iv) relate to the Seller that would
materially and adversely affect the federal or Applicable Tax State income, excise, franchise or similar tax attributes of the Notes. 

(f)        Lien Filings.   The Seller is not aware of any
material judgment, ERISA or tax lien filings against the Seller. 
 SECTION
3.2        Liability of the Seller. 

(a)        The Seller shall be liable in accordance herewith only to the extent of the
obligations specifically undertaken by the Seller under this Agreement. 

(b)        The Seller shall indemnify, defend and hold harmless the Issuer, the Owner
Trustee and the Indenture Trustee from and against any loss, liability or expense incurred by reason of the Seller’s violation of federal or state securities laws in connection with the registration or the sale of the Notes. 

(c)        The Seller will pay any and all taxes levied or assessed upon the Issuer or
upon all or any part of the Trust Estate. 
 (d)        Indemnification under this
Section 3.2 will survive the resignation or removal of the Owner Trustee or the Indenture Trustee and the termination of this Agreement and will include, without limitation, reasonable fees and expenses of counsel and expenses of
litigation. If the Seller has made any indemnity payments pursuant to this Section 3.2 and the Person to or 

  

					
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on behalf of whom such payments are made thereafter collects any of such amounts from others, such Person will promptly repay such amounts to the Seller, without interest. 

(e)        The Seller’s obligations under this Section 3.2 are obligations
solely of the Seller and will not constitute a claim against the Seller to the extent that the Seller does not have funds sufficient to make payment of such obligations. In furtherance of and not in derogation of the foregoing, the Issuer, the
Servicer, the Indenture Trustee and the Owner Trustee, by entering into or accepting this Agreement, acknowledge and agree that they have no right, title or interest in or to the Other Assets of the Seller. To the extent that, notwithstanding
the agreements and provisions contained in the preceding sentence, the Issuer, the Servicer, the Indenture Trustee or the Owner Trustee either (i) asserts an interest in, claim to or benefit in or from, Other Assets or (ii) is deemed to have any
such interest in, claim to or benefit in or from Other Assets, whether by operation of law, legal process, pursuant to applicable provisions of insolvency laws or otherwise (including by virtue of Section 1111(b) of the Bankruptcy Code or any
successor provision having similar effect under the Bankruptcy Code), then the Issuer, the Servicer, the Indenture Trustee or the Owner Trustee further acknowledges and agrees that any such interest in, claim to or benefit in or from, Other Assets
is and will be expressly subordinated to the indefeasible payment in full of the other obligations and liabilities, which, under the terms of the relevant documents relating to the securitization or conveyance of such Other Assets, are entitled to
be paid from, entitled to the benefits of, or otherwise secured by such Other Assets (whether or not any such entitlement or security interest is legally perfected or otherwise entitled to a priority of distributions or application under applicable
law, including insolvency laws, and whether or not asserted against the Seller), including the payment of post-petition interest on such other obligations and liabilities. This subordination agreement will be deemed a subordination agreement
within the meaning of Section 510(a) of the Bankruptcy Code. The Issuer, the Servicer, the Indenture Trustee and the Owner Trustee each further acknowledges and agrees that no adequate remedy at law exists for a breach of this Section
3.2(e) and the terms of this Section 3.2(e) may be enforced by an action for specific performance. The provisions of this Section 3.2(e) will be for the third party benefit of those entitled to rely thereon and will survive
the termination of this Agreement. 
 SECTION 3.3        Merger or Consolidation
of, or Assumption of the Obligations of, Seller.  Any Person (i) into which the Seller may be merged or converted or with which it may be consolidated, to which it may sell or transfer its business and assets as a whole or
substantially as a whole, (ii) resulting from any merger, sale, transfer, conversion, or consolidation to which the Seller shall be a party, (iii) succeeding to the business of the Seller or (iv) more than 50% of the voting stock or voting power and
50% or more of the economic equity of which is owned directly or indirectly by Fifth Third Bancorp, which Person in any of the foregoing cases executes an agreement of assumption to perform every obligation of the Seller under this Agreement, will
be the successor to the Seller under this Agreement without the execution or filing of any document or any further act on the part of any of the parties to this Agreement anything herein to the contrary notwithstanding. The Seller shall provide
notice of any merger, conversion, consolidation or succession pursuant to this Section 3.3 to the Administrator. Notwithstanding the foregoing, if the Seller enters into any of the foregoing transactions and is not the surviving entity,
the Seller will deliver to the Indenture Trustee an Opinion of Counsel either (A) stating that, in the opinion of such counsel, all financing statements and continuation statements and amendments thereto have been executed and filed that are
necessary to preserve 

  

					
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and protect the interest of the Issuer and the Indenture Trustee, respectively, in the Receivables, or (B) stating that, in the opinion of such counsel, no such action is necessary to preserve
and protect such interest. 
 SECTION 3.4       Seller May Own
Notes.   The Seller, and any Affiliate of the Seller, may in its individual or any other capacity become the owner or pledgee of Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except
as otherwise expressly provided herein or in the other Transaction Documents. Except as set forth herein or in the other Transaction Documents, Notes so owned by the Seller or any such Affiliate will have an equal and proportionate benefit
under the provisions of this Agreement and the other Transaction Documents, without preference, priority, or distinction as among all of the Notes. Unless all Notes are owned by the Issuer, the Seller, the Servicer, the Administrator or any of
their respective Affiliates, any Notes owned by the Issuer, the Seller, the Servicer, the Administrator or any of their respective Affiliates shall be disregarded with respect to the determination of any request, demand, authorization, direction,
notice, consent, vote or waiver hereunder or under any other Transaction Document. 
 SECTION
3.5        Sarbanes-Oxley Act Requirements.   To the extent any documents are required to be filed or any certification is required to be made with respect to the Issuer or the Notes
pursuant to the Sarbanes-Oxley Act, the Issuer hereby authorizes the Seller to prepare, sign, certify and file any such documents or certifications on behalf of the Issuer. 

SECTION 3.6       Compliance with Organizational Documents.   The
Seller shall comply with its limited liability company agreement and other organizational documents. 
 SECTION
3.7        Protection of Title. 

(a)        The Seller shall authorize and file such financing statements and cause to
be authorized and filed such continuation and other statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of the Issuer under this Agreement in the Receivables (other than
any Related Security with respect thereto, to the extent that the interest of the Issuer therein cannot be perfected by the filing of a financing statement). The Seller shall deliver (or cause to be delivered) to the Issuer file-stamped copies of,
or filing receipts for, any document filed as provided above, as soon as available following such filing. 

(b)        The Seller shall notify the Issuer in writing within ten (10) days
following the occurrence of (i) any change in the Seller’s organizational structure as a limited liability company, (ii) any change in the Seller’s “location” (within the meaning of Section 9-307 of the UCC of all applicable
jurisdictions) and (iii) any change in the Seller’s name and shall take all action prior to making such change (or shall have made arrangements to take such action substantially simultaneously with such change, if it is not practicable to take
such action in advance) reasonably necessary or advisable in the opinion of the Issuer to amend all previously filed financing statements or continuation statements described in paragraph (a) above. The Seller will at all times maintain its
“location” within the United States. 

  

					
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 (c)        The Seller shall maintain (or
shall cause the Servicer to maintain) its computer systems so that, from time to time after the conveyance under this Agreement of the Receivables, the master computer records (including any backup archives) that refer to a Receivable shall indicate
clearly the interest of the Issuer (or any subsequent assignee of the Issuer) in such Receivable and that such Receivable is owned by such Person. Indication of such Person’s interest in a Receivable shall not be deleted from or modified on
such computer systems until, and only until, the related Receivable shall have been paid in full or repurchased. 

(d)        If at any time the Seller shall propose to sell, grant a security interest
in or otherwise transfer any interest in motor vehicle receivables to any prospective purchaser, lender or other transferee, the Seller shall give to such prospective purchaser, lender or other transferee computer tapes, records or printouts
(including any restored from backup archives) that, if they shall refer in any manner whatsoever to any Receivable, shall indicate clearly that such Receivable has been sold and is owned by the Issuer (or any subsequent assignee of the Issuer). 

SECTION 3.8        Other Liens or Interests.   Except for the
conveyances and grants of security interests pursuant to this Agreement and the other Transaction Documents, the Seller shall not sell, pledge, assign or transfer the Receivables or other property transferred to the Issuer to any other Person, or
grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any interest therein, and the Seller shall defend the right, title and interest of the Issuer in, to and under such Receivables or other property transferred to
the Issuer against all claims of third parties claiming through or under the Seller. 
 SECTION
3.9        Perfection Representations, Warranties and Covenants.    The Seller hereby makes the perfection representations, warranties and covenants set forth on Schedule II
hereto to the Issuer to the extent applicable. 
 SECTION 3.10      Compliance with the
FDIC Rule.    The Seller (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Fifth Third
Parties. 
 ARTICLE IV 

MISCELLANEOUS 

SECTION 4.1        Transfers Intended as Sale; Security Interest. 

(a)        Each of the parties hereto expressly intends and agrees that the transfers
contemplated and effected under this Agreement are complete and absolute sales, transfers, assignments and contributions rather than pledges or assignments of only a security interest and shall be given effect as such for all purposes. It is further
the intention of the parties hereto that the Receivables and the related Transferred Assets shall not be part of the Seller’s estate in the event of a bankruptcy or insolvency of the Seller. The sales and transfers by the Seller of the
Receivables and related Transferred Assets hereunder are and shall be without recourse to, or representation or warranty (express or implied) by, the Seller, except as otherwise specifically provided herein. The limited rights of recourse specified
herein against the Seller are intended to 

  

					
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provide a remedy for breach of representations and warranties relating to the condition of the property sold, rather than to the collectibility of the Receivables. 

(b)        Notwithstanding the foregoing, in the event that the Receivables and other
Transferred Assets are held to be property of the Seller, or if for any reason this Agreement is held or deemed to create indebtedness or a security interest in the Receivables and other Transferred Assets, then it is intended that: 

 

	 	(i)	 This Agreement shall be deemed to be a security agreement within the meaning of Articles 8 and 9 of the New
York UCC and the UCC of any other applicable jurisdiction; 


  

	 	(ii)	 The conveyance provided for in Section 2.1 shall be deemed to be a grant by the Seller of, and the
Seller hereby grants to the Issuer, a security interest in all of its right (including the power to convey title thereto), title and interest, whether now owned or hereafter acquired, in and to the Receivables and other Transferred Assets, to secure
such indebtedness and the performance of the obligations of the Seller hereunder; 


  

	 	(iii)	 The possession by the Issuer or its agent of the Receivable Files and any other property that constitute
instruments, money, negotiable documents or chattel paper shall be deemed to be “possession by the secured party” or possession by the purchaser or a Person designated by such purchaser, for purposes of perfecting the security interest
pursuant to the New York UCC and the UCC of any other applicable jurisdiction; and 


  

	 	(iv)	 Notifications to Persons holding such property, and acknowledgments, receipts or confirmations from Persons
holding such property, shall be deemed to be notifications to, or acknowledgments, receipts or confirmations from, bailees or agents (as applicable) of the Issuer for the purpose of perfecting such security interest under applicable law.



 SECTION 4.2        Notices, Etc.   All
demands, notices and communications hereunder shall be in writing and shall be delivered or mailed by registered or certified first-class United States mail, postage prepaid, hand delivery, prepaid courier
service, or by facsimile or e-mail (if an applicable facsimile number or email address is provided on Schedule I to this Agreement), and addressed in each case as specified on Schedule I to this Agreement or at such other address as
shall be designated by any of the specified addressees in a written notice to the other parties hereto. Any notice required or permitted to be mailed to a Noteholder shall be given by first class mail, postage prepaid, at the address of such
Noteholder as shown in the Note Register. Delivery shall occur only upon receipt or reported tender of such communication by an officer of the recipient entitled to receive such notices located at the address of such recipient for notices
hereunder; provided, however, that any notice to a Noteholder mailed within the time and manner prescribed in this Agreement shall be conclusively presumed to have been duly given, whether or not the Noteholder shall receive such
notice. 

  

					
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 SECTION 4.3        Choice of
Law.    THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL, SUBSTANTIVE LAWS OF THE STATE OF NEW YORK WITHOUT REFERENCE TO THE RULES THEREOF RELATING TO CONFLICTS OF LAW, OTHER THAN
SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

SECTION 4.4        Headings.    The section headings
hereof have been inserted for convenience of reference only and shall not be construed to affect the meaning, construction or effect of this Agreement. 

SECTION 4.5        Counterparts.    This Agreement may
be executed in any number of counterparts, each of which so executed shall be deemed to be an original, regardless of whether delivered in physical or electronic form, but all of such counterparts shall together constitute but one and the same
instrument. 
 SECTION 4.6         Amendment. 

(a)        Any term or provision of this Agreement (including Appendix A
hereto) may be amended by the Seller without the consent of the Indenture Trustee, any Noteholder, the Owner Trustee or any other Person subject to the satisfaction of one of the following conditions: 

 

	 	(i)	 The Seller delivers an Opinion of Counsel or an Officer’s Certificate to the Indenture Trustee to the
effect that such amendment will not materially and adversely affect the interests of the Noteholders; or 


  

	 	(ii)	 The Rating Agency Condition is satisfied with respect to such amendment and the Seller notifies the Indenture
Trustee in writing that the Rating Agency Condition is satisfied with respect to such amendment. 



[provided, that such amendment shall not materially and adversely affect the rights or obligations of the Swap
Counterparty or the Issuer under the Interest Rate Swap Agreement unless the Swap Counterparty shall have consented in writing to such amendment (and such consent shall be deemed to have been given if the Swap Counterparty does not object in writing
within ten (10) Business Days after receipt of a written request for such consent)]. 

(b)        This Agreement (including Appendix A) may also be amended from time
to time by the Seller, with the consent of the Holders of Notes evidencing not less than a majority of the Outstanding Note Balance for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this
Agreement or of modifying in any manner the rights of the Noteholders or the Certificateholders. It will not be necessary for the consent of Noteholders to approve the particular form of any proposed amendment or consent, but it will be
sufficient if such consent approves the substance thereof. The manner of obtaining such consents (and any other consents of Noteholders provided for in this Agreement) and of evidencing the authorization of the execution thereof by Noteholders
will be subject to such 

  

					
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reasonable requirements as the Indenture Trustee may prescribe, including the establishment of record dates pursuant to the Note Depository Agreement. 

(c)        Prior to the execution of any amendment pursuant to this Section
4.6, the Seller shall provide written notification of the substance of such amendment to each Rating Agency; and promptly after the execution of any such amendment, the Seller shall furnish a copy of such amendment to each Rating Agency, the
Issuer and the Indenture Trustee; provided, that no amendment pursuant to this Section 4.6 shall be effective which materially and adversely affects the rights, protections or duties of the Owner Trustee or the Indenture Trustee
without the prior written consent of such Person. 
 (d)        Prior to the
execution of any amendment to this Agreement, the Owner Trustee and the Indenture Trustee shall be entitled to receive and conclusively rely upon an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this
Agreement and an Officer’s Certificate of the Depositor or the Administrator that all conditions precedent to the execution and delivery of such amendment have been satisfied. 

(e)        Notwithstanding subsections (a) or (b) of this Section
4.6, this Agreement may only be amended by the Seller if (i) the Majority Certificateholders consent to such amendment or (ii) such amendment shall not, as evidenced by an Officer’s Certificate of the Seller or an Opinion of Counsel
delivered to the Indenture Trustee and the Owner Trustee, materially and adversely affect the interests of the Certificateholders. It will not be necessary for the consent of Certificateholders to approve the particular form of any proposed
amendment or consent, but will be sufficient if such consent approves the substance thereof. The manner of obtaining such consents (and any other consents of the Certificateholders provided for in this Agreement) and of evidencing the authorization
of the execution thereof by Certificateholders will be subject to such reasonable requirements as the Owner Trustee may prescribe. 

SECTION 4.7        Waivers.  No failure or delay on the part of
the Seller, the Issuer or the Indenture Trustee in exercising any power or right hereunder (to the extent such Person has any power or right hereunder) shall operate as a waiver thereof, nor shall any single or partial exercise of any such power or
right preclude any other or further exercise thereof or the exercise of any other power or right. No notice to or demand on the Issuer or the Seller in any case shall entitle it to any notice or demand in similar or other circumstances. No
waiver or approval by either party under this Agreement shall, except as may otherwise be stated in such waiver or approval, be applicable to subsequent transactions. No waiver or approval under this Agreement shall require any similar or
dissimilar waiver or approval thereafter to be granted hereunder. 

SECTION 4.8        Entire Agreement.    The
Transaction Documents contain a final and complete integration of all prior expressions by the parties hereto with respect to the subject matter thereof and shall constitute the entire agreement among the parties hereto with respect to the subject
matter thereof, superseding all prior oral or written understandings. There are no unwritten agreements among the parties. 

SECTION 4.9        Severability of Provisions.    If
any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the


  

					
		  	9	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement. 

SECTION 4.10      Binding Effect.   This Agreement shall be binding
upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall
remain in full force and effect until such time as the parties hereto shall agree. 

SECTION 4.11     Acknowledgment and Agreement.    By execution below,
the Seller expressly acknowledges and consents to the Grant of a security interest in the Receivables and the other Transferred Assets by the Issuer to the Indenture Trustee pursuant to the Indenture for the benefit of the Noteholders [and the Swap
Counterparty]. In addition, the Seller hereby acknowledges and agrees that for so long as the Notes are outstanding, the Indenture Trustee will have the right to exercise all powers, privileges and claims of the Issuer under this Agreement in
the event that the Issuer shall fail to exercise the same. 
 SECTION 4.12     Cumulative
Remedies.   The remedies herein provided are cumulative and not exclusive of any remedies provided by law. 

SECTION 4.13      Nonpetition Covenant.   Each party hereto agrees
that, prior to the date which is one year and one day after payment in full of all obligations of each Bankruptcy Remote Party in respect of all securities issued by any Bankruptcy Remote Party (i) such party shall not authorize any Bankruptcy
Remote Party to commence a voluntary winding-up or other voluntary case or other Proceeding seeking liquidation, reorganization or other relief with respect to such Bankruptcy Remote Party or its debts under any bankruptcy, insolvency or other
similar law now or hereafter in effect in any jurisdiction or seeking the appointment of an administrator, a trustee, receiver, liquidator, custodian or other similar official with respect to such Bankruptcy Remote Party or any substantial part of
its property or to consent to any such relief or to the appointment of or taking possession by any such official in an involuntary case or other Proceeding commenced against such Bankruptcy Remote Party, or to make a general assignment for the
benefit of its creditors generally, any party hereto or any other creditor of such Bankruptcy Remote Party and (ii) such party shall not commence or join with any other Person in commencing any Proceeding against such Bankruptcy Remote Party under
any bankruptcy, reorganization, liquidation or insolvency law or statute now or hereafter in effect in any jurisdiction. This Section shall survive the termination of this Agreement. 

SECTION 4.14      Submission to Jurisdiction; Waiver of Jury
Trial.   Each of the parties hereto hereby irrevocably and unconditionally: 

(a)        submits for itself and its property in any Proceeding relating to this
Agreement or any documents executed and delivered in connection herewith, or for recognition and enforcement of any judgment in respect thereof, to the nonexclusive general jurisdiction of the courts of the State of New York, the courts of the
United States of America for the Southern District of New York and appellate courts from any thereof; 

  

					
		  	10	  	Sale Agreement
		  		  	(20[  ]-[  ])









 (b)        consents that any such
Proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue of such Proceeding in any such court or that such Proceeding was brought in an inconvenient court and agrees not to plead or claim the
same; 
 (c)        agrees that service of process in any such Proceeding may be
effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to such Person at its address determined in accordance with Section 4.2 of this Agreement; 

(d)        agrees that nothing herein shall affect the right to effect service of
process in any other manner permitted by law or shall limit the right to sue in any other jurisdiction; and 

(e)        to the extent permitted by applicable law, each party hereto irrevocably
waives all right of trial by jury in any Proceeding or counterclaim based on, or arising out of, under or in connection with this Agreement, any other Transaction Document, or any matter arising hereunder or thereunder. 

SECTION 4.15      Limitation of Liability. 

(a)        Notwithstanding anything contained herein to the contrary, this Agreement
has been executed and delivered by [            ], not in its individual capacity but solely as Owner Trustee, and in no event shall it have any liability for the representations,
warranties, covenants, agreements or other obligations of the Issuer hereunder or under the Notes or any of the other Transaction Documents or in any of the certificates, notices or agreements delivered pursuant thereto, as to all of which recourse
shall be had solely to the assets of the Issuer. Under no circumstances shall the Owner Trustee be personally liable for the payment of any indebtedness or expense of the Issuer or be liable for the breach or failure of any obligations,
representation, warranty or covenant made or undertaken by the Issuer under the Transaction Documents. For the purposes of this Agreement, in the performance of its duties or obligations hereunder, the Owner Trustee shall be subject to, and entitled
to the benefits of, the terms and provisions of Articles VI, VII and VIII of the Trust Agreement. 

(b)        Notwithstanding anything contained herein to the contrary, this Agreement
has been executed and delivered by [                ], not in its individual capacity but solely as Indenture Trustee, and in no event shall it have any liability for
the representations, warranties, covenants, agreements or other obligations of the Issuer under the Notes or any of the other Transaction Documents or in any of the certificates, notices or agreements delivered pursuant thereto, as to all of which
recourse shall be had solely to the assets of the Issuer. Under no circumstances shall the Indenture Trustee be personally liable for the payment of any indebtedness or expense of the Issuer or be liable for the breach or failure of any obligations,
representation, warranty or covenant made or undertaken by the Issuer under the Transaction Documents. For the purposes of this Agreement, in the performance of its duties or obligations hereunder, the Indenture Trustee shall be subject to, and
entitled to the benefits of, the terms and provisions of Article VI of the Indenture. 

  

					
		  	11	  	Sale Agreement
		  		  	(20[  ]-[  ])









 SECTION 4.16      Information
Requests.      The parties hereto shall provide any information reasonably requested by the Issuer, the Seller or any of their Affiliates, in order to comply with or obtain more favorable treatment under any current
or future law, rule, regulation, accounting rule or principle. 

SECTION 4.17       Form 8-K Filings.    So long as the
Seller is filing Exchange Act Reports with respect to the Issuer, the Indenture Trustee shall promptly notify the Seller, but in no event later than one (1) Business Day after its occurrence, of any Reportable Event of which a Responsible Officer of
the Indenture Trustee has actual knowledge (other than a Reportable Event described in clause (a) or (b) of the definition thereof as to which the Seller or the Servicer has actual knowledge). The Indenture Trustee shall be deemed to
have actual knowledge of any such event to the extent that it relates to the Indenture Trustee or any action or failure to act by the Indenture Trustee. 

SECTION 4.18       [Limitations of Rights].  [All of the rights of
the Swap Counterparty in, to and under this Agreement (including, but not limited to, all of the Swap Counterparty’s rights as a third party beneficiary of this Agreement and all of the Swap Counterparty’s rights to receive notice of any
action hereunder and to give or withhold consent to any action hereunder) shall terminate upon the termination of the Interest Rate Swap Agreement in accordance with the terms thereof and the payment in full of all amounts owing to the Swap
Counterparty under such Interest Rate Swap Agreement.] 
 [Signatures Follow] 

  

					
		  	12	  	Sale Agreement
		  		  	(20[  ]-[  ])









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

							
	 FIFTH THIRD HOLDINGS FUNDING, LLC
	 	
			
	 By:
	 	  
	 	
		 	 Name:
	 		 	
		 	 Title:
	 		 	



  

					
		  	S-1	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
							
	FIFTH THIRD AUTO TRUST 20[  ]-[  ]	 	
				
	By:	  	[                                ],	 		 	
		  	not in its individual capacity but	 		 	
		  	solely as Owner Trustee	 		 	
			
	By:	  	  
	 	
		  	Name:	 		 	
		  	Title:	 		 	



  

					
		  	S-2	  	Sale Agreement
		  		  	(20[  ]-[  ])









 EXHIBIT A 

FORM OF ASSIGNMENT PURSUANT TO 

SALE AGREEMENT 

[                ] 

For value received, in accordance with the Sale Agreement (the “Agreement”), dated as of
[            ], between Fifth Third Auto Trust 20[  ]-[  ], a Delaware statutory trust (the “Issuer”), Fifth Third Holdings Funding, LLC, a Delaware
limited liability company (the “Seller”), on the terms and subject to the conditions set forth in the Agreement, the Seller does hereby sell, transfer, assign and otherwise convey to the Issuer without recourse (subject to the
obligations in the Agreement) on [          ], all of its right, title, interest, claims and demands in, to and under the Transferred Assets, whether now owned or hereafter acquired. 

The foregoing sale does not constitute and is not intended to result in any assumption by the Issuer of any obligation of the
undersigned, FTH LLC or the Originator to the Obligors, the Dealers, insurers or any other Person in connection with the Receivables, or the other assets and properties conveyed hereunder or any agreement, document or instrument related thereto.

 This assignment is made pursuant to and upon the representations, warranties and agreements on the part of the
undersigned contained in the Agreement and is governed by the Agreement. 
 Capitalized terms used herein and not otherwise defined shall
have the respective meanings assigned to them in Appendix A to the Agreement. 
 [Remainder of page intentionally left blank.] 

  

					
		  	Exhibit A-1	  	Sale Agreement
		  		  	(20[  ]-[  ])









 IN WITNESS WHEREOF, the undersigned has caused this assignment to be duly
executed as of the date first above written.
  

					
	 FIFTH THIRD HOLDINGS FUNDING,

LLC



 
					
			
	By:	 	  
	 	


 
					
	Name:	 		 	
	Title:	 		 	



  

					
		  	Exhibit A-2	  	Sale Agreement
		  		  	(20[  ]-[  ])









 SCHEDULE I 

NOTICE ADDRESSES 
 If to the Issuer: 

[                          
          ] 
 If to the Owner Trustee: 

[                          
          ] 
 If to the Indenture Trustee: 

[                          
          ] 
 If to Seller: 

Fifth Third Holdings Funding, LLC 
 1701 Golf Road 

Tower 1, 9th Floor 

Rolling Meadows, Illinois 60008 
 Facsimile no.
[                          ] 

Attention:  [                ] 

If to the Servicer or Sponsor: 
 Fifth Third Bank 

38 Fountain Square Plaza 
 Cincinnati, Ohio 45263 

Facsimile no.
[                          ] 

Attention:  [              ] 

  

					
		  	Schedule I-1	  	Sale Agreement
		  		  	(20[  ]-[  ])









 SCHEDULE II 

PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS 

In addition to the representations, warranties and covenants contained in the Agreement, the Seller hereby represents, warrants and covenants
to the Issuer as follows on the Closing Date: 
 General 

1.   This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables and
the other Transferred Assets in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller. 

2.   The Receivables constitute “chattel paper” (including “electronic chattel paper” or “tangible
chattel paper”) “accounts”, “instruments”, “promissory notes”, “payment intangibles” or “general intangibles”, within the meaning of the applicable UCC. 

3.   Immediately prior to the sale, transfer, contribution, assignment and/or conveyance of a Receivable, such Receivable is
secured by a first priority validly perfected and enforceable security interest in the related Financed Vehicle in favor of the Originator, as secured party, or all necessary actions with respect to such Receivable have been taken or will be taken
to perfect a first priority security interest in the related Financed Vehicle in favor of the Originator, as secured party, subject, as to enforcement, to applicable bankruptcy, insolvency, reorganization, liquidation or other similar laws and
equitable principles relating to or affecting the enforcement of creditors’ rights generally. 
 Creation 

4.   Immediately prior to the sale, transfer, contribution, assignment and conveyance of a Receivable by the Seller to the
Issuer, the Seller owned and had good and marketable title to such Receivable free and clear of any Lien (other than any Liens in favor of the Issuer) and immediately after the sale, transfer, assignment and conveyance of such Receivable to the
Issuer, the Issuer will have good and marketable title to such Receivable free and clear of any Lien. 
 5.   The Seller has
received all consents and approvals to the sale of the Receivables hereunder to the Issuer required by the terms of the Receivables that constitute instruments. 

Perfection 

6.   The Seller has submitted or will have caused to be submitted on, the effective date of this Agreement, the filing of all
appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law in order to perfect the sale of the Receivables from the Seller to the Issuer and the security interest in the Receivables granted to
the Issuer hereunder; and the Servicer, in its capacity as custodian, has in its possession the original copies of such instruments or tangible chattel paper that constitute or evidence the Receivables, and all financing statements referred to in
this paragraph contain a statement that: “A purchase of or 

  

					
		  	Schedule II-1	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
security interest in any collateral described in this financing statement will violate the rights of the Secured Party/Purchaser”. 

7.   With respect to Receivables that constitute an instrument or tangible chattel paper, either: 

(i)  All original executed copies of each such instrument or tangible chattel paper have been delivered to the
Indenture Trustee, as pledgee of the Issuer; or 
 (ii)  Such instruments or tangible chattel paper are in the
possession of the Servicer and the Indenture Trustee has received a written acknowledgment from the Servicer that the Servicer, in its capacity as custodian, is holding such instruments or tangible chattel paper solely on behalf and for the benefit
of the Indenture Trustee, as pledgee of the Issuer; or 
 (iii)  The Servicer received possession of such
instruments or tangible chattel paper after the Indenture Trustee received a written acknowledgment from the Servicer that the Servicer is acting solely as agent of the Indenture Trustee, as pledgee of the Issuer. 

Priority 

8.   The Seller has not authorized the filing of, and is not aware of any financing statements against the Seller that include
a description of collateral covering the Receivables other than any financing statement (i) relating to the conveyance of the Receivables by the Bank to FTH LLC under the Receivables Sale Agreement, (ii) relating to the conveyance of the Receivables
by FTH LLC to the Seller under the Purchase Agreement, (iii) relating to the conveyance of the Receivables by the Seller to the Issuer under the Sale Agreement, (iv) relating to the security interest granted to the Indenture Trustee under the
Indenture or (v) that has been terminated. 
 9.   The Seller is not aware of any material judgment, ERISA or tax lien
filings against the Seller. 
 10. Neither the Seller nor a custodian or vaulting agent thereof holding any Receivable that is electronic
chattel paper has communicated an “authoritative copy” (as such term is used in Section 9-105 of the UCC) of any loan agreement that constitutes or evidences such Receivable to any Person other than the Servicer. 

11. None of the instruments, electronic chattel paper or tangible chattel paper that constitutes or evidences the Receivables has any marks or
notations indicating that they have been pledged, assigned or otherwise conveyed to any Person other than FTH LLC, the Seller, the Issuer or the Indenture Trustee. 

Survival of Perfection Representations 

12. Notwithstanding any other provision of the Sale Agreement or any other Transaction Document, the perfection representations, warranties
and covenants contained in this Schedule III shall be continuing, and remain in full force and effect until such time as all obligations under the Transaction Documents and the Notes have been finally and fully paid and performed. 

  

					
		  	Schedule II-2	  	Sale Agreement
		  		  	(20[  ]-[  ])









 No Waiver 

13. The Issuer shall provide the Rating Agencies with prompt written notice of any material breach of the perfection representations,
warranties and covenants contained in this Schedule III, and shall not, without satisfying the Rating Agency Condition, waive a breach of any of such perfection representations, warranties or covenants. 

  

					
		  	Schedule II-3	  	Sale Agreement
		  		  	(20[  ]-[  ])









 APPENDIX A 

DEFINITIONS 
 (see
attached) 

  

					
		  	              Appendix A-1	  	Sale Agreement
		  		  	(20[  ]-[  ])









 APPENDIX A 

DEFINITIONS 

The following terms have the meanings set forth, or referred to, below: 

“60-Day Delinquent Receivables” means all Receivables outstanding and held by the Issuer (other than
Purchased Receivables and charged-off Receivables) that are 60 or more days delinquent, as determined in accordance with the Servicer’s Customary Servicing Practices. 

“AAA” means the American Arbitration Association. 

“Accrued Note Interest” means, with respect to any Payment Date, the sum of the Noteholders’ Monthly
Accrued Interest for such Payment Date and the Noteholders’ Interest Carryover Shortfall for such Payment Date. 

“Act” has the meaning set forth in Section 11.3(a) of the Indenture. 

“Adjusted Pool Balance” means [(a) as of the Closing Date, an amount equal to (x) the Net Pool Balance as of
the Cut-Off Date minus (y) the Yield Supplement Overcollateralization Amount for the Closing Date and (b) for any Payment Date an amount equal to (x) the Net Pool Balance at the end of the Collection Period preceding that Payment Date minus (y) the
Yield Supplement Overcollateralization Amount for that Payment Date]. 
 “Administration Agreement” means
the Administration Agreement, dated as of the Closing Date, among the Administrator, the Issuer and the Indenture Trustee, as the same may be amended and supplemented from time to time. 

“Administrator” means the Bank, or any successor Administrator under the Administration Agreement. 

[“Advance” has the meaning set forth in Section 4.3(b) of the Servicing Agreement.] 

“Affiliate” means, for any specified Person, any other Person which, directly or indirectly, controls, is
controlled by or is under common control with such specified Person and “affiliated” has a meaning correlative to the foregoing. For purposes of this definition, “control” means the power, directly or indirectly, to cause the
direction of the management and policies of a Person. 
 “Applicable Tax State” means, as of any
date, each State as to which any of the following is then applicable: (a) a State in which the Owner Trustee maintains its Corporate Trust Office, (b) a State in which the Owner Trustee maintains its principal executive offices, and (c) the State of
Ohio [or the State of [                        ]]. 

“Asset Representations Review” means a review by the Asset Representations Reviewer as specified in the Asset
Representations Review Agreement of all Subject Receivables for compliance with the representations and warranties set forth in Exhibit A to the Receivables Sale Agreement. 

  

					
		  	Appendix A-2	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Asset Representations Review Agreement” means the asset
representations review agreement, dated as of [                ], 20[    ], among the Issuer, the Servicer and the Asset Representations Reviewer.

 “Asset Representations Reviewer” means [          ].

 “Asset Representations Reviewer Fees and Expenses” means all of the accrued and unpaid Asset
Representations Reviewer’s fees and any amounts due to the Asset Representations Reviewer for reimbursement of expenses or in respect of indemnification to the extent not previously paid to the Asset Representations Reviewer by the Servicer.

 “Authenticating Agent” means any Person authorized by the Indenture Trustee to act on behalf of the
Indenture Trustee to authenticate and deliver the Notes. 
 “Authorized Newspaper” means a newspaper of
general circulation in the City of New York, printed in the English language and customarily published on each Business Day, whether or not published on Saturdays, Sundays and holidays. 

“Authorized Officer” means (a) with respect to the Issuer, (i) any officer of the Owner Trustee who is
authorized to act for the Owner Trustee in matters relating to the Issuer and who is identified on the list of Authorized Officers delivered by the Owner Trustee to the Indenture Trustee on the Closing Date (as such list may be modified or
supplemented from time to time thereafter) or (ii) so long as the Administration Agreement is in effect, any officer of the Administrator who is authorized to act for the Administrator in matters relating to the Issuer pursuant to the Administration
Agreement and who is identified on the list of Authorized Officers delivered by the Administrator to the Owner Trustee and the Indenture Trustee on the Closing Date (as such list may be modified or supplemented from time to time thereafter) and (b)
with respect to the Owner Trustee, the Indenture Trustee, the Note Registrar and the Servicer, any officer of the Owner Trustee, the Indenture Trustee, the Note Registrar or the Servicer, as applicable, who is authorized to act for the Owner
Trustee, the Indenture Trustee, the Note Registrar or the Servicer, as applicable, in matters relating to the Owner Trustee, the Indenture Trustee, the Note Registrar or the Servicer and who is identified on the list of Authorized Officers delivered
by each of the Owner Trustee, the Indenture Trustee and the Servicer to the Indenture Trustee on the Closing Date or by the Note Registrar on the date of its appointment as such (as such list may be modified or supplemented from time to time
thereafter). 
 “Available Funds” means, for any Payment Date and the related Collection Period, an amount
equal to the sum of the following amounts: (i) all Collections received by the Servicer during such Collection Period, (ii) the sum of the Repurchase Prices deposited into the Collection Account with respect to each Receivable that is to become a
Repurchased Receivable on such Payment Date, (iii) the Reserve Account Excess Amount for such Payment Date[, (iv) the Net Swap Receipts (excluding Swap Termination Payments received from the Swap Counterparty and deposited into the Swap Termination
Payment Account), (v) amounts on deposit in the Swap Termination Payment Account to the extent such amounts are required to be included in Available Funds pursuant to Section 4.8(d) of the Servicing Agreement, (vi) Swap Replacement
Proceeds, to the extent required to be included in Available Funds pursuant to 

  

					
		  	Appendix A-3	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
Section 4.8(f) of the Servicing Agreement] and (vii) the Optional Purchase Price deposited into the Collection Account in connection with the exercise of the Optional Purchase. 

“Available Funds Shortfall Amount” means, as of any Payment Date, the amount by which the sum of the amounts
required to be paid pursuant to clauses [first through seventh] of Section 8.5(a) of the Indenture exceeds the [sum of (i)] Available Funds for such Payment Date [and (ii) Advances made by the Servicer on such Payment Date].

 “Bank” means Fifth Third Bank, an Ohio banking corporation, and its successors and assigns. 

“Bank Transferred Assets” has the meaning set forth in Section 2.1 of the Receivables Sale Agreement.

 “Bankruptcy Code” means the United States Bankruptcy Code, 11 U.S.C. 101 et seq., as amended. 

“Bankruptcy Event” means, with respect to any Person, (i) the filing of a decree or order for relief by a
court having jurisdiction in the premises in respect of such Person in an involuntary case under any applicable federal or state bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee,
custodian, trustee, sequestrator or similar official of such Person, or ordering the winding-up or liquidation of such Person’s affairs, and such decree or order shall remain unstayed and in effect for a period of 90 consecutive days or (ii)
the commencement by such Person of a voluntary case under any applicable federal or state bankruptcy, insolvency or other similar law now or hereafter in effect, or the consent by such Person to the entry of an order for relief in an involuntary
case under any such law, or the consent by such Person to the appointment or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official of such Person, or the making by such Person of any general
assignment for the benefit of creditors, or the failure by such Person generally to pay its debts as such debts become due, or the taking of action by such Person in furtherance of any of the foregoing. 

“Bankruptcy Remote Party” means each of the Seller, the Issuer, any other trust created by the Seller or any
limited liability company or corporation wholly-owned by the Seller. 
 “Benefit Plan” means (i) any
“employee benefit plan” as defined in Section 3(3) of ERISA, which is subject to Title I of ERISA, (ii) a “plan” as described by Section 4975(e)(1) of the Code, which is subject to Section 4975 of the Code or (iii) any entity
deemed to hold the assets of any of the foregoing by reason of such employee benefit plan’s or other plan’s investment in the entity. 

“Book-Entry Notes” means a beneficial interest in the Notes, ownership and transfers of which shall be made
through book entries by a Clearing Agency as described in Section 2.10 of the Indenture. 
 “Business
Day” means any day other than a Saturday, a Sunday or a day on which banking institutions in the states of Delaware, Ohio, [                  ]
or New York, or in the states 

  

					
		  	Appendix A-4	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
in which the Corporate Trust Office of the Indenture Trustee is located, are authorized or obligated by law, executive order or government decree to be closed. 

“Certificate” means a certificate substantially in the form of Exhibit A to the Trust Agreement
evidencing a beneficial interest in the Issuer. For the avoidance of doubt, the references in the Transaction Documents to a “Certificate” or a “Certificateholder”, unless the context otherwise requires, shall be deemed to be
references to “Certificates” or “Certificateholders” if more than one Certificate has been issued. 

“Certificate Distribution Account” means the account designated as such, established and maintained to the
extent required by Section 8.2(a)(iv) of the Indenture. 
 “Certificate of Title” means, with
respect to any Financed Vehicle, the certificate of title or other documentary evidence of ownership of such Financed Vehicle as issued by the department, agency or official of the jurisdiction (whether in paper or electronic form) in which such
Financed Vehicle is titled and which is responsible for accepting applications for, and maintaining records regarding, certificates of title and liens thereon. 

“Certificate of Trust” means the certificate of trust for the Issuer filed on
[                              ] by the Owner Trustee pursuant to the Statutory Trust
Statute. 
 “Certificate Paying Agent” means
[                                  ] or any other Person appointed as
the successor Certificate Paying Agent pursuant to Section 3.7 of the Trust Agreement. 
 “Certificate
Register” and “Certificate Registrar” have the respective meanings set forth in Section 3.4 of the Trust Agreement. 

“Certificateholder” means as of any date, the Person in whose name a Certificate is registered on the
Certificate Register on such date. 
 “Class” means a group of Notes whose form is identical except for
variation in denomination, principal amount or owner, and references to “each Class” thus mean each of the Class A-1 Notes, the Class A-2[-A Notes, the Class A-2-B] Notes, the Class A-3 Notes, the Class A-4 Notes and the Class B Notes.

 “Class A Noteholders” means, collectively, the Class A-1 Noteholders, the Class A-2[-A Noteholders, the
Class A-2-B] Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders. 
 “Class A Noteholders’
Interest Carryover Shortfall” means, with respect to any Payment Date, the excess of the Class A Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class A Noteholders’ Interest Carryover
Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Noteholders of Class A Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Noteholders of Class A
Notes on the preceding Payment Date, to the extent permitted by law, at the respective Interest Rates borne by such Class A Notes for the related Interest Period. 

  

					
		  	Appendix A-5	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Class A Noteholders’ Monthly Accrued Interest” means, with
respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class A-1 Notes, the Class A-2[-A Notes, the Class A-2-B] Notes, the Class A-3 Notes and the Class A-4 Notes at the respective Interest Rate for such
Class on the Note Balance of the Notes of each such Class on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Noteholders of the Notes of such Class on or prior
to such preceding Payment Date. 
 “Class A Notes” means, collectively, the Class A-1 Notes, the Class A-2
Notes, the Class A-3 Notes and the Class A-4 Notes. 
 “Class A-1 Final Scheduled Payment Date” means the
Payment Date occurring in [          ]. 
 “Class A-1 Interest
Rate” means [    ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year). 

“Class A-1 Note Balance” means, at any time, the Initial Class A-1 Note Balance reduced by all payments of
principal made prior to such time on the Class A-1 Notes. 
 “Class A-1 Noteholder” means the Person in
whose name a Class A-1 Note is registered on the Note Register. 
 “Class A-1 Notes” means the Class of
auto loan asset backed notes designated as Class A-1 Notes, issued in accordance with the Indenture. 
 “Class
A-2[-A] Final Scheduled Payment Date” means the Payment Date occurring in [          ]. 

“Class A-2[-A] Interest Rate” means [    ]% per annum (computed on the basis of a 360-day
year of twelve 30-day months). 
 “Class A-2[-A] Note Balance” means, at any time, the Initial Class
A-2[-A] Note Balance reduced by all payments of principal made prior to such time on the Class A-2[-A] Notes. 

“Class A-2[-A] Noteholder” means the Person in whose name a Class A-2[-A] Note is registered on the Note
Register. 
 “Class A-2-[A] Notes” means the Class of auto loan asset backed notes designated as
Class A-2[-A] Notes, issued in accordance with the Indenture. 
 “Class A-2[-B] Final Scheduled Payment
Date” means the Payment Date occurring in [          ]. 

[“Class A-2-B Interest Rate” means LIBOR + [      ]% per annum (computed
on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).] 

  

					
		  	Appendix A-6	  	Sale Agreement
		  		  	(20[  ]-[  ])









 [“Class A-2-B Note Balance” means, at any time, the Initial
Class A-2-B Note Balance reduced by all payments of principal made prior to such time on the Class A-2-B Notes.] 

“Class A-2 Notes” means, collectively, the Class A-2-A Notes and the Class A-2-B Notes. 

“Class A-3 Final Scheduled Payment Date” means the Payment Date occurring in
[        ]. 
 “Class A-3 Interest Rate” means
[    ]% per annum (computed on the basis of a 360-day year of twelve 30-day months). 
 “Class
A-3 Note Balance” means, at any time, the Initial Class A-3 Note Balance reduced by all payments of principal made prior to such time on the Class A-3 Notes. 

“Class A-3 Noteholder” means the Person in whose name a Class A-3 Note is registered on the Note Register.

 “Class A-3 Notes” means the Class of auto loan asset backed notes designated as Class A-3 Notes, issued
in accordance with the Indenture. 
 “Class A-4 Final Scheduled Payment Date” means the Payment Date
occurring in [          ]. 
 “Class A-4 Interest Rate”
means [      ]% per annum (computed on the basis of a 360-day year of twelve 30-day months). 

“Class A-4 Note Balance” means, at any time, the Initial Class A-4 Note Balance reduced by all payments of
principal made prior to such time on the Class A-4 Notes. 
 “Class A-4 Noteholder” means the Person in
whose name a Class A-4 Note is registered on the Note Register. 
 “Class A-4 Notes” means the Class of
auto loan asset backed notes designated as Class A-4 Notes, issued in accordance with the Indenture. 
 “Class A-4
Final Scheduled Payment Date” means the Payment Date occurring in [          ]. 

“Class B Final Scheduled Payment Date” means the Payment Date occurring in
[          ]. 
 “Class B Interest Rate” means
[    ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year). 

“Class B Note Balance” means, at any time, the Initial Class B Note Balance reduced by all payments of
principal made prior to such time on the Class A-1 Notes. 
 “Class B Noteholder” means the Person in whose
name a Class B Note is registered on the Note Register. 

  

					
		  	Appendix A-7	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Class B Noteholders’ Interest Carryover Shortfall” means,
with respect to any Payment Date, the excess of the Class B Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class B Noteholders’ Interest Carryover Shortfall on such preceding Payment Date, over the
amount in respect of interest that is actually paid to Noteholders of Class B Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Noteholders of Class B Notes on the preceding Payment Date, to the extent
permitted by law, at the Class B Interest Rate for the related Interest Period. 
 “Class B Noteholders’
Monthly Accrued Interest” means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class B Notes at the Class B Interest Rate on the Class B Note Balance on the immediately
preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class B Noteholders on or prior to such preceding Payment Date. 

“Class B Notes” means the Class of auto loan asset backed notes designated as Class B Notes, issued in
accordance with the Indenture. 
 “Clearing Agency” means an organization registered as a “clearing
agency” pursuant to Section 17A of the Exchange Act and shall initially be DTC. 
 “Clearing Agency
Participant” means a broker, dealer, bank or other financial institution or other Person for which from time to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with the Clearing Agency. 

“Closing Date” means [          ]. 

“Code” means the Internal Revenue Code of 1986, as amended, modified or supplemented from time to time, and
any successor law thereto, and the regulations promulgated and the rulings issued thereunder. 

“Collateral” has the meaning set forth in the Granting Clause of the Indenture. 

“Collection Account” means the trust account established and maintained pursuant to Section 8.2(a)(i)
of the Indenture. 
 “Collection Period” means the period commencing on the first day of each calendar
month and ending on the last day of such calendar month (or, in the case of the initial Collection Period, the period commencing on the Cut-Off Date and ending on [          ]). As used herein, the
“related” Collection Period with respect to a Payment Date shall be deemed to be the Collection Period which precedes such Payment Date. 

“Collections” means, with respect to the Receivables and to the extent received by the Servicer after
the Cut-Off Date, (A) the sum of (i) any monthly payment by or on behalf of the Obligor thereunder, (ii) any full or partial prepayment of such Receivables, (iii) all Liquidation Proceeds and (iv) any other amounts received by the Servicer which, in
accordance with the Customary Servicing Practices, would customarily be applied to the payment of accrued interest or to reduce the Outstanding Principal Balance of a Receivable less (B) all Liquidation Expenses; provided, however,
that the term “Collections” in no event will include (1) for any Payment 

  

					
		  	Appendix A-8	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
Date, any amounts in respect of any Receivable the Repurchase Price of which has been included in the Available Funds on a prior Payment Date, (2) any Supplemental Servicing Fees or (3) rebates
of premiums with respect to the cancellation or termination of any Insurance Policy, extended warranty or service contract that was not financed by such Receivable. 

“Commission” means the U.S. Securities and Exchange Commission. 

“Computation Agent” means the Person appointed by a majority of the Noteholders evidencing at least a
majority of the Outstanding Note Balance (or, if no Notes are Outstanding, by the Majority Certificateholders) to fulfill the role of Computation Agent pursuant to Sections 12.5(c), 12.5(e)(ii) and 12.5(e)(iii)(a) of the
Indenture. For the avoidance of doubt, the Indenture Trustee or Owner Trustee may (but are not required to) serve in this role, and the Indenture Trustee acting as Computation Agent will be entitled to a fee for such service pursuant to Section
6.7 of the Indenture, and the Owner Trustee acting as Computation Agent will be entitled to a fee for such service pursuant to Section 8.1 of the Trust Agreement. 

“Contract” means, with respect to any Receivable, the motor vehicle retail installment sale contract and/or
note and security agreement, the installment loan agreement, any amendments thereto and any related documentary draft, if applicable, evidencing such Receivable. 

“Contract Rate” means, with respect to a Receivable, the rate per annum at which interest accrues under the
Contract evidencing such Receivable. Such rate may be less than the “Annual Percentage Rate” disclosed in the Receivable. 

“Controlling Class” shall mean, with respect to any Notes Outstanding, the Class A Notes (voting together as
a single Class) as long as any Class A Notes are Outstanding, and thereafter the Class B Notes as long as any Class B Notes are Outstanding (excluding, in each case, Notes held by the Servicer, the Bank or any of their respective Affiliates unless
all of the Notes then Outstanding are held by the Servicer, the Bank and/or their respective Affiliates). 

“Corporate Trust Office” means: 

(a)        as used with respect to the Indenture Trustee, the principal office of the
Indenture Trustee at which at any particular time its corporate trust business shall be administered, which office at the date of the execution of the Indenture is located at
[                      ] (facsimile no. [          ]), Attention:
[                              ], or at such other address as the Indenture Trustee may designate
from time to time by notice to the Noteholders, [the Swap Counterparty,] the Administrator, the Servicer and the Issuer, or the principal corporate trust office of any successor Indenture Trustee (the address of which the successor Indenture Trustee
will notify the Noteholders, the Administrator, the Servicer and the Owner Trustee); and 

(b)        as used with respect to Owner Trustee, the corporate trust office of the
Owner Trustee located at [                        ], (facsimile no.
[          ]), Attention: [                  ] or at such other address as the Owner Trustee may designate by
notice to the Certificateholder and the Seller, or the principal corporate trust office of any successor Owner Trustee (the address of which the successor Owner Trustee will notify the Certificateholder and the Seller). 

  

					
		  	Appendix A-9	  	Sale Agreement
		  		  	(20[  ]-[  ])









 [“Cumulative Net Loss” means, for any Payment Date, the excess
of (a) the aggregate Outstanding Principal Balance of all Receivables that became Defaulted Receivables since the Cut-Off Date over (b) aggregate Liquidation Proceeds for all Receivables that became Defaulted Receivables since the Cut-Off Date.]

 [“Cumulative Net Loss Ratio” means, for any Payment Date, the ratio (expressed as a percentage) computed
by dividing (a) the Cumulative Net Loss for that Payment Date by (b) the Net Pool Balance as of the Cut-Off Date.] 

“Customary Servicing Practices” means the customary servicing practices of the Servicer or any Sub-Servicer
with respect to all comparable motor vehicle receivables that the Servicer or such Sub-Servicer, as applicable, services for itself or others, as such practices may be changed from time to time, it being understood that the Servicer and the
Sub-Servicers may not have the same “Customary Servicing Practices”. 
 “Cut-Off Date”
means the close of business on [          ]. 
 “Dealer”
means a motor vehicle dealership. 
 “Default” means any occurrence that is, or with notice or lapse of
time or both would become, an Event of Default. 
 “Defaulted Receivable” means a Receivable (other than a
Repurchased Receivable), which the Servicer has charged-off in accordance with its Customary Servicing Practices. 

“Definitive Note” means a definitive fully registered Note issued pursuant to Section 2.12 of the
Indenture. 
 “Delinquency Percentage” means, for each Payment Date, an amount equal to the ratio
(expressed as a percentage) of (i) the Net Pool Balance of all 60-Day Delinquent Receivables as of the last day of the calendar month immediately preceding such Payment Date to (ii) the Net Pool Balance of all outstanding Receivables held by the
Issuer as of the last day of the calendar month immediately preceding such Payment Date. 
 “Delinquency
Trigger” means, for any Payment Date and the related preceding calendar month, [    ]%. 

“Delivery” when used with respect to Trust Account Property means: 

(a)        with respect to (I) bankers’ acceptances, commercial paper, negotiable
certificates of deposit and other obligations that constitute “instruments” as defined in Section 9-102(a)(47) of the UCC and are susceptible of physical delivery, transfer of actual possession thereof to the Indenture Trustee or its
nominee or custodian by physical delivery to the Indenture Trustee or its nominee or custodian endorsed to the Indenture Trustee or its nominee or custodian or endorsed in blank and (II) with respect to a “certificated security” (as
defined in Section 8-102(a)(4) of the UCC) transfer of actual possession thereof (i) by physical delivery of such certificated security to the Indenture Trustee or its nominee or custodian endorsed to, or registered in the name of, the Indenture
Trustee or its nominee or custodian or endorsed in blank, or to another person, other 

  

					
		  	Appendix A-10	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
than a “securities intermediary” (as defined in Section 8-102(a)(14) of the UCC), who acquires possession of the certificated security on behalf of the Indenture Trustee or its nominee
or custodian or, having previously acquired possession of the certificate, acknowledges that it holds for the Indenture Trustee or its nominee or custodian or (ii) if such certificated security is in registered form, by delivery thereof to a
“securities intermediary”, endorsed to or registered in the name of the Indenture Trustee or its nominee or custodian, and the making by such “securities intermediary” of entries on its books and records identifying such
certificated securities as belonging to the Indenture Trustee or its nominee or custodian and the sending by such “securities intermediary” of a confirmation of the purchase of such certificated security by the Indenture Trustee or its
nominee or custodian (all of the foregoing, “Physical Property”), and, in any event, any such Physical Property in registered form shall be in the name of the Indenture Trustee or its nominee or custodian; and such additional or
alternative procedures as may hereafter become appropriate to effect the complete transfer of ownership of any such Trust Account Property to the Indenture Trustee or its nominee or custodian, consistent with changes in applicable law or regulations
or the interpretation thereof; 
 (b)        with respect to any securities issued
by the U.S. Treasury, the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association or the other government agencies, instrumentalities and establishments of the United States identified in Appendix A to Federal Reserve Bank
Operating Circular No. 7 as in effect from time to time that is a “book-entry security” (as such term is defined in Federal Reserve Bank Operating Circular No. 7) held in a securities account and eligible for transfer through the
Fedwire® Securities Service operated by the Federal Reserve System pursuant to Federal book-entry regulations, the following procedures, all in accordance with applicable law, including applicable Federal regulations and Articles 8 and 9 of the
UCC: book-entry registration of such Trust Account Property to an appropriate securities account maintained with a Federal Reserve Bank by a “participant” (as such term is defined in Federal Reserve Bank Operating Circular No. 7) that is a
“depository institution” (as defined in Section 19(b)(1)(A) of the Federal Reserve Act) pursuant to applicable Federal regulations, and issuance by such depository institution of a deposit notice or other written confirmation of such
book-entry registration to the Indenture Trustee or its nominee or custodian of the purchase by the Indenture Trustee or its nominee or custodian of such book-entry securities; the making by such depository institution of entries in its books and
records identifying such book entry security held through the Federal Reserve System pursuant to Federal book-entry regulations or a security entitlement thereto as belonging to the Indenture Trustee or its nominee or custodian and indicating that
such depository institution holds such Trust Account Property solely as agent for the Indenture Trustee or its nominee or custodian; and such additional or alternative procedures as may hereafter become appropriate to effect complete transfer of
ownership of any such Trust Account Property to the Indenture Trustee or its nominee or custodian, consistent with changes in applicable law or regulations or the interpretation thereof; and 

(c)        with respect to any item of Trust Account Property that is an
“uncertificated security” (as defined in Section 8-102(a)(18) of the UCC) and that is not governed by clause (b) above, (i) registration on the books and records of the issuer thereof in the name of the Indenture Trustee or its
nominee or custodian, or (ii) registration on the books and records of the issuer thereof in the name of another person, other than a securities intermediary, who acknowledges 

  

					
		  	Appendix A-11	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
that it holds such uncertificated security for the benefit of the Indenture Trustee or its nominee or custodian. 

“Depositor” means the Seller in its capacity as depositor under the Trust Agreement. 

“Designated Certificateholder Account” means (a) so long as the Depositor or one of its Affiliates is the
sole Certificateholder, the account designated by such Certificateholder (which need not be under the control of the Owner Trustee) and (b) at any time thereafter, the Certificate Distribution Account. 

“Determination Date” means, for any Collection Period, the second Business Day preceding the related Payment
Date, beginning [          ]. 
 “Dollar” and
“$” mean lawful currency of the United States of America. 
 “DTC” means The Depository
Trust Company, and its successors. 
 “Eligible Account” means: (a) a deposit account maintained with a
federal or state chartered depository institution or trust company that is an Eligible Institution or (b) with respect to Permitted Investments only, a segregated trust account maintained with the corporate trust department of a federal depository
institution or state chartered depository institution that is subject to federal or state regulations regarding fiduciary funds on deposit substantially similar to 12 C.F.R. §9.10(b) which has corporate trust powers, acting in its fiduciary
capacity, so long as any of the securities of such depository institution have a credit rating from each Rating Agency in one of its generic rating categories which signifies investment grade. 

“Eligible Institution” means a depository institution or trust company (which may be the Owner Trustee, the
Indenture Trustee or any of their respective Affiliates) organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank) (a) which at all times has
either (i) a long-term senior unsecured debt rating of “[    ]” or better by [    ], “[    ]” or better by [    ] [and
“[    ]” or better by [    ], if rated by [    ]] or such other rating that is acceptable to each Rating Agency, as evidenced by a letter from such Rating
Agency to the Issuer or the Indenture Trustee, (ii) a certificate of deposit rating of “[    ]” by [    ], “[    ]” by
[    ] [and “[    ]” by [    ], if rated by [    ]] or (iii) such other rating that is acceptable to each Rating Agency, as
evidenced by a letter from such Rating Agency to the Issuer or the Indenture Trustee and (b) whose deposits are insured by the Federal Deposit Insurance Corporation. 

“Eligible Receivable” means (a) as used in the Receivables Sale Agreement, a Receivable meeting all of the
criteria set forth on Schedule I of the Receivables Sale Agreement as of the Closing Date; (b) as used in the Purchase Agreement, a Receivable meeting all of the criteria set forth on Schedule I of the Purchase Agreement as of the
Closing Date; and (c) as used in the Sale Agreement, a Receivable meeting all of the criteria set forth on Schedule I of the Sale Agreement as of the Closing Date. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended and any successor law thereto,
and the regulations promulgated and rulings issued thereunder. 

  

					
		  	Appendix A-12	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Event of Default” has the meaning set forth in Section
5.1 of the Indenture. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Exchange Act Reports” means any reports on Form 10-D, Form 8-K and Form
10-K filed or to be filed by the Seller with respect to the Issuer under the Exchange Act. 

“FATCA” means Sections 1471 through 1474 of the Code, any current or future regulations or official
interpretations thereunder or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code, any published intergovernmental agreement entered into in connection with the implementation the foregoing and
any fiscal or regulatory legislation, rules or official practices adopted pursuant to such published intergovernmental agreement. 

“FATCA Withholding Tax” means any withholding or deduction required pursuant to FATCA. 

[“FDIC” means the Federal Deposit Insurance Corporation.] 

[“FDIC Rule” means the FDIC’s rule regarding the treatment by the FDIC, as receiver or conservator of an
insured depository institution, of financial assets transferred by the institution in connection with a securitization or participation (12 C.F.R. § 360.6).] 

“Fifth Third Parties” means, collectively, the Bank, FTH LLC, the Seller and the Issuer. 

“Final Scheduled Payment Date” means, with respect to (i) the Class A-1 Notes, the Class A-1 Final Scheduled
Payment Date, (ii) the Class A-2[-A] Notes, the Class A-2[-A] Final Scheduled Payment Date, [(iii) the Class A-2-B Notes, the Class A-2-B Final Schedule payment Date,] (iv) the Class A-3 Notes, the Class A-3 Final Scheduled Payment Date, (v) the
Class A-4 Notes, the Class A-4 Final Scheduled Payment Date and (vi) the Class B Notes, the Class B Final Scheduled Payment Date. 

“Financed Vehicle” means a new or used automobile, light-duty truck, van or other motor vehicle, together
with all accessions thereto, securing an Obligor’s indebtedness under the applicable Receivable. 
 “First
Allocation of Principal” means, for any Payment Date, an amount not less than zero equal to the excess, if any, of (a) the Note Balance of the Notes as of such Payment Date (before giving effect to any principal payments made on the Notes
on such Payment Date) over (b) the Net Pool Balance as of the last day of the related Collection Period; provided, however, that the First Allocation of Principal on and after the Final Scheduled Payment Date for any Class of Notes
will not be less than the amount that is necessary to reduce the Note Balance of that Class of Notes to zero. 

[“Fitch” means Fitch Ratings, Inc., or any successor that is a nationally recognized statistical rating
organization.] 

  

					
		  	Appendix A-13	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Form 10-D Disclosure Item” means, with respect to any Person,
(a) any legal proceedings pending against such Person or of which any property of such Person is then subject, or (b) any proceedings known to be contemplated by governmental authorities against such Person or of which any property of such Person
would be subject, in each case that would be material to the Noteholders. 
 “FTH LLC” means Fifth Third
Holdings, LLC, a Delaware limited liability company, and its successors and assigns. 
 “GAAP” means
generally accepted accounting principles in the USA, applied on a materially consistent basis. 
 “Governmental
Authority” means any (a) federal, state, municipal, foreign or other governmental entity, board, bureau, agency or instrumentality, (b) administrative or regulatory authority (including any central bank or similar authority) or (c) court or
judicial authority. 
 “Grant” means mortgage, pledge, bargain, sell, warrant, alienate, remise, release,
convey, assign, transfer, create, grant a lien upon and a security interest in and right of set-off against, deposit, set over and confirm pursuant to the Indenture. A Grant of the Collateral or of any other agreement or instrument shall include all
rights, powers and options (but none of the obligations) of the Granting party thereunder, including the immediate and continuing right to claim for, collect, receive and give receipt for principal and interest payments in respect of the Collateral
and all other moneys payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring proceedings in the name of the Granting party or otherwise and generally
to do and receive anything that the Granting party is or may be entitled to do or receive thereunder or with respect thereto. Other forms of the verb “to Grant” shall have correlative meanings. 

“Holder” means, as the context may require, the Certificateholder or a Noteholder or both. 

“Indenture” means the Indenture, dated as of the Closing Date, between the Issuer and Indenture Trustee, as
the same may be amended and supplemented from time to time. 
 “Indenture Trustee” means
[                  ], a [                  ], not in its individual
capacity but as indenture trustee under the Indenture, or any successor indenture trustee under the Indenture. 

“Independent” means, when used with respect to any specified Person, that such Person (i) is in fact
independent of the Issuer, any other obligor upon the Notes, the Administrator and any Affiliate of any of the foregoing Persons, (ii) does not have any direct financial interest or any material indirect financial interest in the Issuer, any such
other obligor upon the Notes, the Administrator or any Affiliate of any of the foregoing Persons and (iii) is not connected with the Issuer, any such other obligor upon the Notes, the Administrator or any Affiliate of any of the foregoing Persons as
an officer, employee, promoter, underwriter, trustee, partner, director or Person performing similar functions. 

  

					
		  	Appendix A-14	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Independent Certificate” means a certificate or opinion to be
delivered to the Indenture Trustee under the circumstances described in, and otherwise complying with, the applicable requirements of Section 11.1 of the Indenture, made by an independent appraiser or other expert appointed by an Issuer
Order, and such opinion or certificate shall state that the signer has read the definition of “Independent” in this Appendix A and that the signer is Independent within the meaning thereof. 

“Initial Class A-1 Note Balance” means $[          ]. 

“Initial Class A-2[-A] Note Balance” means $[          ].

 “Initial Class A-2[-B] Note Balance” means
$[          ]. 
 “Initial Class A-3 Note Balance” means
$[          ]. 
 “Initial Class A-4 Note Balance” means
$[          ]. 
 [“Initial Interest Rate Swap
Agreement” means the ISDA Master Agreement, dated as of the Closing Date, between the Initial Swap Counterparty and the Issuer, the Schedule and the Credit Support Annex thereto, dated as of the Closing Date and, the Confirmations thereto,
each dated as of the Closing Date, and entered into pursuant to such ISDA Master Agreement, as the same may be amended or supplemented from time to time in accordance with the terms thereof.] 

“Initial Note Balance” means, for any Class, the Initial Class A-1 Note Balance, the Initial Class A-2[-A] Note Balance[, the Initial Class A-2-B Note Balance,] the Initial Class A-3 Note Balance, the Initial Class A-4
Note Balance or the Initial Class B Note Balance, as applicable, or with respect to the Notes generally, the sum of the foregoing. 

“Initial Reserve Account Deposit Amount” means an amount equal to
$[          ]. 
 [“Initial Swap Counterparty” means
[                        ], as the swap counterparty under the Initial Interest Rate Swap Agreement.] 

“Insurance Policy” means (i) any theft and physical damage insurance policy maintained by the Obligor under a
Receivable, providing coverage against loss or damage to or theft of the related Financed Vehicle, and (ii) any credit life or credit disability insurance maintained by an Obligor in connection with any Receivable. 

“Interest Period” means, with respect to any Payment Date, [(a)] with respect to the Class A-1 Notes and
the Class A-2[-B] Notes, from and including the Closing Date (in the case of the first Payment Date) or from and including the most recent Payment Date to but excluding that Payment Date (for example for a Payment Date in February, the Interest
Period is from and including the Payment Date in January to but excluding the Payment Date in February)[ and (b) for the Class A-2[-A] Notes, the Class A-3 Notes, the Class A-4 and Class B Notes, from and including the 15th day of the calendar month preceding that Payment Date (or from and including the Closing Date in the case of the first Payment Date) to but excluding the 15th day of the calendar month in which such Payment Date occurs]. 

  

					
		  	Appendix A-15	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Interest Rate” means (a) with respect to the Class A-1 Notes,
the Class A-1 Interest Rate, (b) with respect to the Class A-2[-A] Notes, the Class A-2 Interest Rate, (c) with respect to the Class A-2-B Notes, the Class A-2-B Interest Rate,] (d) with respect to the Class A-3 Notes, the Class A-3 Interest Rate,
(e) with respect to the Class A-4 Notes, the Class A-4 Interest Rate[ and (f) with respect to the Class B Notes, the Class B Interest Rate]. 

[“Interest Rate Swap Agreement” means the Initial Interest Rate Swap Agreement and any Replacement Interest
Rate Swap Agreement.] 
 “Issuer” means Fifth Third Auto Trust
20[    ]-[    ], a Delaware statutory trust established pursuant to the Trust Agreement and the filing of the Certificate of Trust, until a successor replaces it and, thereafter, means such
successor. 
 “Issuer Order” and “Issuer Request” means a written order or request of the
Issuer signed in the name of the Issuer by any one of its Authorized Officers and delivered to the Indenture Trustee. 

“Item 1119 Party” means the Seller, the Bank, FTH LLC, the Servicer, the Indenture Trustee, the Owner
Trustee, any underwriter of the Notes[, any Swap Counterparty] and any other material transaction party identified by the Seller, the Bank or FTH LLC to the Indenture Trustee and the Owner Trustee in writing. 

[“LIBOR” means, subject to Section 3.1(b) of the Indenture, with respect to any Interest Period
(including the first Interest Period), the London interbank offered rate for deposits in U.S. Dollars having a maturity of one month commencing on the related LIBOR Determination Date which appears on Bloomberg Screen BTMM Page (or any successor
page) as of 11:00 a.m., London time, on such LIBOR Determination Date. If the rates used to determine LIBOR do not appear on the Bloomberg Screen BTMM Page (or any successor page), the rates for that day will be determined on the basis of
the rates at which deposits in U.S. Dollars, having a maturity of one month and in a principal amount of not less than U.S. $1,000,000 are offered at approximately 11:00 a.m. London time, on such LIBOR Determination Date to prime banks in the London
interbank market by the reference banks. The reference banks are the four major banks in the London interbank market selected by the Administrator.] 

[“LIBOR Determination Date” means the second London Business Day prior to the Closing Date with respect to
the first Payment Date and, as to each subsequent Payment Date, the second London Business Day prior to the immediately preceding Payment Date.] 

“Lien” means, for any asset or property of a Person, a lien, security interest, mortgage, pledge or
encumbrance in, of or on such asset or property in favor of any other Person, except any Permitted Lien. 

“Liquidation Expenses” means, in the case of each of clauses (a) through (c) of the definition
of “Liquidation Proceeds”, any expenses (including without limitation, any auction, painting, repair or refurbishment expenses in respect of the related Financed Vehicle) incurred by the Servicer in connection therewith and any payments
required by law to be remitted to the Obligor. 

  

					
		  	Appendix A-16	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Liquidation Proceeds” means, with respect to any Receivable,
(a) insurance proceeds received by the Servicer with respect to the Insurance Policies, (b) amounts received by the Servicer in connection with such Receivable pursuant to the exercise of rights under such Receivable and (c) the monies
collected by the Servicer (from whatever source, including proceeds of a sale of a Financed Vehicle, a deficiency balance recovered from the Obligor after the charge-off of such Receivable or as a result of any recourse against the related Dealer,
if any) on such Receivable other than any monthly payments by or on behalf of the Obligor thereunder or any full or partial prepayment of such Receivable; provided, however, that the Repurchase Price for any Receivable shall not
constitute “Liquidation Proceeds.” 
 [“London Business Day” means any day other than a
Saturday, Sunday or day on which banking institutions in London, England are authorized or obligated by law or government decree to be closed.] 

“Majority Certificateholders” means Certificateholders holding in the aggregate more than 50% of the
Percentage Interests. 
 [“Moody’s” means Moody’s Investors Service, Inc., or any successor that
is a nationally recognized statistical rating organization.] 
 “Net Pool Balance” means, as of any date,
the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date. 

[“Net Swap Payment” means for the Interest Rate Swap Agreement, the net amount with respect to regularly
scheduled payments, if any, owed by the Issuer to the Swap Counterparty on any Payment Date, including prior unpaid Net Swap Payments and any interest accrued thereon, under such Interest Rate Swap Agreement; provided, that “Net Swap
Payments” do not include Swap Termination Payments.] 
 [“Net Swap Receipts” means, for the
Interest Rate Swap Agreement, the net amounts owed by the Swap Counterparty to the Issuer, if any, on any Swap Payment Date, excluding any Swap Termination Payments.] 

“Note” means a Class A-1 Note, Class A-2[-A] Note, [Class A-2-B Note,] Class A-3 Note, Class A-4 Note or
Class B Note, in each case substantially in the forms of Exhibit A to the Indenture. 
 “Note
Balance” means, with respect to any date of determination, for any Class, the Class A-1 Note Balance, the Class A-2[-A] Note Balance, [the Class A-2-B Note Balance,] the Class A-3 Note Balance, the Class A-4 Note Balance or the Class B
Notes Balance, as applicable, or with respect to the Notes generally, the sum of all of the foregoing. 
 “Note
Depository Agreement” means the agreement, dated as of the Closing Date, between the Issuer and DTC, as the initial Clearing Agency relating to the Notes, as the same may be amended or supplemented from time to time. 

“Note Factor” means, with respect to the Notes or any Class of Notes on any Payment Date, a six-digit decimal
figure equal to the Note Balance of the Notes or such Class of Notes, as 

  

					
		  	Appendix A-17	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
applicable, as of the end of the preceding Collection Period divided by the Note Balance of the Notes or such Class of Notes, as applicable, as of the Closing Date. The Note Factor will be
1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of the Notes or such Class of Notes, as applicable. 

“Note Owner” means, with respect to a Book-Entry Note, the Person who is the beneficial owner of such
Book-Entry Note, as reflected on the books of the Clearing Agency or a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of
such Clearing Agency). 
 “Note Register” and “Note Registrar” have the respective
meanings set forth in Section 2.4 of the Indenture. 
 “Noteholder” means, as the
context requires, all of the Class A-1 Noteholders, the Class A-2[-A] Noteholders, [the Class A-2-B Noteholders,] the Class A-3 Noteholders, the Class A-4 Noteholders and the Class B Noteholders or any of the foregoing. For the avoidance of doubt,
the references in the Transaction Documents to a “Noteholder” shall be deemed to be references to “Noteholders” if the context requires. 

“Noteholders’ Interest Carryover Shortfall” means, with respect to any Payment Date, the excess, if any,
of (A) the sum of (i) the Noteholders’ Monthly Accrued Interest for the preceding Payment Date and (ii) any Noteholders’ Interest Carryover Shortfall for the preceding Payment Date, over (B) the amount in respect of interest that is
actually paid to Noteholders on such preceding Payment Date, plus interest on the amount of interest due but not paid to Noteholders on the preceding Payment Date, to the extent permitted by law, at the respective Interest Rates borne by such
Notes for the related Interest Period. 
 “Noteholders’ Monthly Accrued Interest” means, with
respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class A-1 Notes, the Class A-2[-A] Notes, [the Class A-2-B Notes,] the Class A-3 Notes, the Class A-4 Notes and the Class B Notes at the
respective Interest Rate for such Class on the Note Balance of the Notes of the related Class as of the immediately preceding Payment Date or, with respect to the First Payment Date, as of the Closing Date, as the case may be, after giving effect to
all payments of principal to the Noteholders on or prior to such preceding Payment Date. 
 “Obligor”
means, for any Receivable, each Person obligated to pay such Receivable. 
 “Officer’s Certificate”
means (i) with respect to the Issuer, a certificate signed by any Authorized Officer of the Issuer and (ii) with respect to the Seller, the Bank, FTH LLC or the Servicer, a certificate signed by the chairman of the board, the president, any
executive vice president, any vice president, any assistant vice president, the treasurer, any assistant treasurer or the controller of the Seller, FTH LLC, the Bank or the Servicer, as applicable. 

“Opinion of Counsel” means one or more written opinions of counsel who may, except as otherwise expressly
provided in the Indenture or any other applicable Transaction Document, be employees of or counsel to the Issuer, the Servicer, the Seller, the Bank, FTH LLC or the Administrator, and which opinion or opinions comply with any applicable requirements
of the 

  

					
		  	Appendix A-18	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
Transaction Documents and are in form and substance reasonably satisfactory to the recipient(s). Opinions of Counsel need address matters of law only and may be based upon stated assumptions
as to relevant matters of fact. 
 “Optional Purchase” has the meaning set forth in Section 7.1 of
the Servicing Agreement. 
 “Optional Purchase Price” has the meaning set forth in Section 7.1 of
the Servicing Agreement. 
 “Originator” means, with respect to any Receivable, the Bank. 

“Other Assets” means any assets (or interests therein) (other than the Trust Estate) conveyed or
purported to be conveyed by the Seller to another Person or Persons other than the Issuer, whether by way of a sale, capital contribution or by virtue of the granting of a lien. 

“Outstanding” means, as of any date, all Notes (or all Notes of an applicable Class, as applicable)
theretofore authenticated and delivered under the Indenture except: 

(i)        Notes (or Notes of an applicable Class) theretofore cancelled by the Note
Registrar or delivered to the Note Registrar for cancellation; 
 (ii)      Notes (or Notes of
an applicable Class) or portions thereof the payment for which money in the necessary amount has been theretofore deposited with the Indenture Trustee or any Paying Agent in trust for the related Noteholders (provided, however, that if
such Notes are to be redeemed, notice of such redemption has been duly given pursuant to the Indenture or provision therefor, satisfactory to the Indenture Trustee, has been made); and 

(iii)      Notes (or Notes of an applicable Class) in exchange for or in lieu of other Notes (or
Notes of such Class) that have been authenticated and delivered pursuant to the Indenture unless proof satisfactory to the Indenture Trustee is presented that any such Notes are held by a bona fide purchaser; 

provided, that in determining whether Noteholders holding the requisite Note Balance have given any request, demand, authorization,
direction, notice, consent, vote or waiver hereunder or under any Transaction Document, Notes owned by the Issuer, any Certificateholder, the Servicer, the Administrator or any of their respective Affiliates shall be disregarded and deemed not to be
Outstanding unless all of the Notes are then owned by the Issuer, the Certificateholder, the Servicer, the Administrator or any of their respective Affiliates, except that, in determining whether the Indenture Trustee shall be protected in relying
upon any such request, demand, authorization, direction, notice, consent, vote or waiver, only Notes that a Responsible Officer of the Indenture Trustee knows to be so owned shall be so disregarded. Notes so owned that have been pledged in good
faith may be regarded as Outstanding if the pledgee thereof establishes to the satisfaction of the Indenture Trustee such pledgee’s right so to act with respect to such Notes and that such pledgee is not the Issuer, the Seller, the Servicer,
the Administrator or any of their respective Affiliates. 

  

					
		  	Appendix A-19	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Outstanding Principal Balance” means, with respect to any
Receivable as of any date, the outstanding principal balance of such Receivable calculated in accordance with the Customary Servicing Practices. 

“Owner Trustee” means
[                  ], a [          ], not in its individual capacity but solely as owner trustee under the
Trust Agreement, and any successor Owner Trustee thereunder. 
 “Paying Agent” means (i) prior to the
payment in full of principal and interest on the Notes, the Indenture Trustee or any other Person that meets the eligibility standards for the Indenture Trustee set forth in Section 6.11 of the Indenture and is authorized by the Issuer to
make the payments to and distributions from the Collection Account and the Principal Distribution Account, including the payment of principal of or interest on the Notes on behalf of the Issuer and (ii) following the payment in full of principal and
interest on the Notes, the Certificate Paying Agent or any other Person appointed as the successor Certificate Paying Agent pursuant to Section 3.7 of the Trust Agreement. 

“Payment Date” means the [15th] day of each calendar
month beginning [          ]; provided, however, whenever a Payment Date would otherwise be a day that is not a Business Day, the Payment Date shall be the next Business Day. As used
herein, the “related” Payment Date with respect to a Collection Period shall be deemed to be the Payment Date which immediately follows such Collection Period. 

“Payment Default” has the meaning set forth in Section 5.4(a) of the Indenture. 

“Percentage Interest” means, with respect to a Certificate, the individual percentage interest of such
Certificate, which shall be specified on the face thereof and which shall represent the percentage of certain distributions of the Issuer beneficially owned by such Certificateholder. The sum of the Percentage Interests for all of the Certificates
shall be 100%. 
 “Permitted Investments” means any one or more of the following types of investments: 

(a)        direct obligations of, and obligations fully guaranteed as to timely
payment by, the United States of America; 
 (b)        demand deposits, money
market deposit accounts, time deposits or certificates of deposit of any depository institution (including, the Servicer, the Indenture Trustee or the Owner Trustee or any of their respective Affiliates) or trust company incorporated under the laws
of the United States of America or any state thereof or the District of Columbia (or any domestic branch of a foreign bank) and subject to supervision and examination by Federal or state banking or depository institution authorities (including
depository receipts issued by any such institution or trust company as custodian with respect to any obligation referred to in clause (a) above or a portion of such obligation for the benefit of the holders of such depository receipts); provided
that at the time of the investment or contractual commitment to invest therein (which shall be deemed to be made again each time funds are reinvested following each Payment Date), the commercial paper or other short-term senior unsecured debt
obligations (other than such obligations the rating of which is based on the credit of a Person other than such depository institution or trust company) of such depository institution or trust company shall have a credit rating from
[                    ] of at least [      ] and from
[              ] of [      ]; 

  

					
		  	Appendix A-20	  	Sale Agreement
		  		  	(20[  ]-[  ])









 (c)        commercial paper (including
commercial paper of any Affiliate of the Seller, the Servicer, the Bank, the Indenture Trustee or the Owner Trustee or any of their respective Affiliates) having, at the time of the investment or contractual commitment to invest therein, a
rating from [                    ] of at least [      ] from
[                ] of [      ]; 

(d)        investments in money market funds (including funds for which the Seller,
the Servicer, the Bank, the Indenture Trustee or Owner Trustee or any of their respective Affiliates is investment manager or advisor) having a rating from
[                    ] of [      ] and from
[                    ]of [      ]; 

(e)        bankers’ acceptances issued by any depository institution or trust
company referred to in clause (b) above; and 
 (f)        repurchase obligations
with respect to any security that is a direct obligation of, or fully guaranteed by, the United States of America or any agency or instrumentality thereof the obligations of which are backed by the full faith and credit of the United States of
America, in either case entered into with a depository institution or trust company (acting as principal) referred to in clause (b) above. 

“Permitted Liens” means (a) any liens created by the Transaction Documents, (b) any liens for taxes not yet
due and payable or the amount of which is being contested in good faith by appropriate Proceedings and (c) any liens of mechanics, suppliers, vendors, materialmen, laborers, employees, repairmen and other like liens securing obligations which are
not due and payable or the amount or validity of which is being contested in good faith by appropriate Proceedings. 

“Person” means any individual, corporation, limited liability company, estate, partnership, joint venture,
association, joint stock company, trust (including any beneficiary thereof), unincorporated organization or government or any agency or political subdivision thereof. 

“Physical Property” has the meaning specified in the definition of “Delivery” above. 

“Predecessor Note” means, with respect to any particular Note, every previous Note evidencing all or a
portion of the same debt as that evidenced by such particular Note; provided, however, for the purpose of this definition, any Note authenticated and delivered under Section 2.5 of the Indenture in lieu of a
mutilated, destroyed, lost or stolen Note shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Note. 

“Principal Distribution Account” means the account by that name established and maintained pursuant to
Section 8.2(a)(ii) of the Indenture. 
 “Proceeding” means any suit in equity, action at law or
other judicial or administrative proceeding. 
 “Purchase Agreement” means the Purchase Agreement, dated as
of the Closing Date, between FTH LLC and the Seller, as amended, modified or supplemented from time to time. 

  

					
		  	Appendix A-21	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Purchased Assets” has the meaning set forth in Section
2.1 of the Purchase Agreement. 
 “Purchased Receivable” means a Receivable purchased (i) by or on
behalf of Fifth Third Bank pursuant to Section 3.3 of the Receivables Sale Agreement, (ii) by the Servicer pursuant to Section 3.6 of the Servicing Agreement or (ii) by the Servicer pursuant to Section 7.1 of the Servicing
Agreement pursuant to the Servicer’s exercise of an optional purchase of all Receivables. 
 “Qualified
Institutional Buyer” means a “qualified institutional buyer” as defined in Rule 144A under the Securities Act. 

“Rating Agency” means either or each
[                                         
                 ], as indicated by the context. 

“Rating Agency Condition” means, with respect to any event or circumstance and each Rating Agency, either (a)
written confirmation (which may be in the form of a letter, press release or other publication, or a change in such Rating Agency’s published ratings criteria to this effect) by such Rating Agency that the occurrence of such event or
circumstance will not cause it to downgrade, qualify or withdraw its rating assigned to any of the Notes or (b) that such Rating Agency shall have been given notice of such event or circumstance at least ten days prior to the occurrence of such
event or circumstance (or, if ten (10) days’ advance notice is impracticable, as much advance notice as is practicable) and such Rating Agency shall not have issued any written notice that the occurrence of such event or circumstance will
cause it to downgrade, qualify or withdraw its rating assigned to the Notes. 
 “Receivable” means any
Contract with respect to a new or used automobile, light-duty truck, van or other motor vehicle, which shall appear on the Schedule of Receivables and all Related Security in connection therewith which has not been released from the lien of the
Indenture. 
 “Receivable Files” has the meaning set forth in Section 2.1(a) of the Servicing
Agreement. 
 “Receivables Sale Agreement” means the Receivables Sale Agreement, dated as of the Closing
Date, between the Bank and FTH LLC, as amended, modified or supplemented from time to time. 
 “Record
Date” means, unless otherwise specified in any Transaction Document, with respect to any Payment Date or Redemption Date, (i) for any Definitive Notes and for the Certificates, the close of business on the last Business Day of the calendar
month immediately preceding the calendar month in which such Payment Date or Redemption Date occurs and (ii) for any Book-Entry Notes, the close of business on the Business Day immediately preceding such Payment Date or Redemption Date. 

“Records” means, for any Receivable, all contracts, books, records and other documents or information
(including computer programs, tapes, disks, software and related property and rights, to the extent legally transferable) relating to such Receivable or the related Obligor. 

  

					
		  	Appendix A-22	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Redemption Date” means, in the case of a redemption of the
Notes pursuant to Section 10.1 of the Indenture, the Payment Date specified by the Administrator or the Issuer pursuant to Section 10.1 of the Indenture. 

“Redemption Price” means an amount equal to the sum of (a) the unpaid Note Balance of all the Notes redeemed
plus (b) accrued and unpaid interest thereon at the applicable Interest Rate for the Notes being so redeemed, up to but excluding the Redemption Date [plus (c) all amounts owing to the Swap Counterparty as of the Redemption Date]. 

“Registered Holder” means the Person in whose name a Note is registered on the Note Register on the related
Record Date. 
 “Regular Principal Distribution Amount” means, for any Payment Date, an amount not less
than zero equal to the excess of (a) the excess of (A) the Note Balance of the Notes as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date) over (B) the Net Pool Balance as of the end of the
related Collection Period minus the Target Overcollateralization Amount over (b) the First Allocation of Principal for that Payment Date; provided, however, that the “Regular Principal Distribution Amount” on and after the
Final Scheduled Payment Date for any Class of Notes will not be less than the amount that is necessary to reduce the Note Balance of that Class to zero (after the application of the First Allocation of Principal). 

“Regulation AB” means Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R.
§§229.1100-229.1123, as such regulation may be amended from time to time and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release
No. 33-8518. 70 Fed. Reg. 1,506, 1,531 (January 7, 2005)) or by the staff of the Commission, or as may be provided in writing by the Commission or its staff from time to time. 

“Related Security” means, for any Receivable, (i) the security interest in the related Financed Vehicle, (ii)
all rights of the Originator to proceeds from claims on any Insurance Policy, (iii) any other property securing the Receivables, (iv) all rights of the Originator against the related Dealer, (v) all rights of the Originator to refunds in
connection with extended service agreements relating to Receivables and (vi) all proceeds of the foregoing. 

“Relevant Trustee” means (i) prior to the payment in full of principal of and interest on the Notes, the
Indenture Trustee and (ii) following the payment in full of principal of and interest on the Notes, the Owner Trustee; provided, however, that with respect to any property that is under the joint or separate control of a co-trustee or
separate trustee under the Trust Agreement or the Indenture, respectively, “Relevant Trustee” shall refer to either or both of the Owner Trustee and such co-trustee or separate trustee or to either or both of the Indenture Trustee and such
co-trustee or separate trustee, as the case may be. 
 [“Replacement Interest Rate Swap Agreement” means
any ISDA Master Agreement, dated after the Closing Date, between the Replacement Swap Counterparty and the Issuer, the Schedule and Credit Support Annex thereto, dated after the Closing Date, and the Confirmations thereto, each dated after the
Closing Date, and entered into pursuant to such ISDA Master 

  

					
		  	Appendix A-23	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
Agreement, and pursuant to the conditions set forth in the Initial Interest Rate Swap Agreement, as the same may be amended or supplemented from time to time in accordance with the terms
thereof.] 
 [“Replacement Swap Counterparty” means, with respect to any Swap Counterparty, any replacement
Swap Counterparty under a Replacement Interest Rate Swap Agreement that satisfies the conditions set forth in the Interest Rate Swap Agreement.] 

“Reportable Event” means any event required to be reported on Form 8-K, and in any event, the following: 

(a)        entry into a material definitive agreement related to the
Issuer, the Notes, the Receivables or an amendment to a Transaction Document, even if the Seller is not a party to such agreement (e.g., a servicing agreement with a servicer contemplated by Item 1108(a)(3) of Regulation AB); 

(b)        termination of a Transaction Document (other than by
expiration of the agreement on its stated termination date or as a result of all parties completing their obligations under such agreement), even if the Seller is not a party to such agreement (e.g., a servicing agreement with a servicer
contemplated by Item 1108(a)(3) of Regulation AB); 

(c)        with respect to the Servicer only, the occurrence of a
Servicer Replacement Event; 
 (d)        an Event of Default; 

(e)        the resignation, removal, replacement or substitution of
the Indenture Trustee or the Owner Trustee; and 
 (f)        with
respect to the Indenture Trustee only, a required distribution to Holders of the Notes is not made as of the required Payment Date under the Indenture. 

“Repurchase Price” means, with respect to any Repurchased Receivable, a price equal to the Outstanding
Principal Balance of such Receivable plus any unpaid accrued interest related to such Receivable accrued to and including the end of the Collection Period preceding the date that such Repurchased Receivable was purchased by the Bank, FTH LLC, the
Servicer or the Seller, as applicable. 
 “Repurchase Request” means a written request from a Requesting
Party that the Bank repurchase a Receivable due to an alleged breach of a representation and warranty in Schedule I to the Receivables Sale Agreement. A Repurchase Request from a Requesting Party shall set forth (i) each Receivable that is
subject to such Repurchase Request, (ii) the specific representation or warranty contained in Schedule I to the Receivables Sale Agreement it alleges was breached and (iii) the material adverse effect of such breach on the interests of the
Issuer or the Noteholders that triggers the Repurchase Request. 

  

					
		  	Appendix A-24	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Repurchased Receivable” means a Receivable purchased by the
Bank pursuant to Section 3.3 of the Receivables Sale Agreement, by FTH LLC pursuant to Section 3.3 of the Purchase Agreement, by the Servicer pursuant to Section 3.6 of the Servicing Agreement or by the Seller pursuant to
Section 3.8 of the Sale Agreement. 
 “Requesting Party” means any Noteholder or Note Owner that has
submitted a Repurchase Request. 
 “Reserve Account” means the account designated as such, established and
maintained pursuant to Section 8.2(a)(iii) of the Indenture. 
 “Reserve Account Draw Amount” means,
for any Payment Date, the amount withdrawn from the Reserve Account, equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount on deposit in the Reserve Account on the Business Day prior to
such Payment Date (other than interest and investment income (net of losses and investment expenses) on funds on deposit in the Reserve Account). In addition, if the sum of the amounts in the Reserve Account and the remaining Available Funds after
the payments under clauses [first through seventh] of Section 8.5(a) of the Indenture would be sufficient to pay in full the aggregate unpaid Note Balance of all of the outstanding Classes of Notes, then the Reserve Account Draw
Amount will, if so specified by the Servicer in the Servicer’s Certificate, include such additional amount as may be necessary to pay all Outstanding Notes in full. 

“Reserve Account Excess Amount” means, with respect to any Payment Date, an amount equal to the excess, if
any, of (a) the amount of cash or other immediately available funds in the Reserve Account on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account relating to that Payment Date, over (b) the
Specified Reserve Account Balance with respect to that Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Excess Amount” shall mean an amount equal to the amount of cash or
other immediately available funds in the Reserve Account on that Payment Date (other than interest and investment income (net of losses and investment expenses) on funds on deposit in the Reserve Account), after giving effect to all deposits to
and withdrawals from the Reserve Account relating to that Payment Date. 
 “Responsible Officer” means, (a)
with respect to the Indenture Trustee, any officer within the corporate trust department of the Indenture Trustee, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other
officer of the Indenture Trustee who customarily performs functions similar to those performed by the persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such
person’s knowledge of and familiarity with the particular subject and who, in each case, shall have direct responsibility for the administration of the Indenture, (b) with respect to the Owner Trustee, any officer within the Corporate
Trust Office of the Owner Trustee and having direct responsibility for the administration of the Issuer, including any vice president, assistant vice president, assistant treasurer, assistant secretary, associate, trust officer or financial
services officer, or any other officer customarily performing functions similar to those performed by any of the above designated officers and also, with respect to a particular matter, any other officer to whom such matter is referred because of
such 

  

					
		  	Appendix A-25	  	Sale Agreement
		  		  	(20[  ]-[  ])









 
officer’s knowledge of and familiarity with the particular subject and (c) with respect to the Servicer, the Bank, FTH LLC, the Seller or the Administrator, any officer of such Person
having direct responsibility for the transactions contemplated by the Transaction Documents, including the president, treasurer or secretary or any vice president, controller, assistant vice president, assistant treasurer,
assistant secretary, or any other officer customarily performing functions similar to those performed by any of the above designated officers and also, with respect to a particular matter, any other officer to whom such matter is referred
because of such officer’s knowledge of and familiarity with the particular subject. 
 “Review
Conditions” means (i) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger for that Payment Date and (ii) the required percentage of Noteholders or Note Owners, as applicable, have voted to direct an Asset
Representations Review of the Subject Receivables. 
 “Review Notice” means a notice from the Indenture
Trustee to the Asset Representations Reviewer and the Servicer directing the Asset Representations Reviewer to conduct an Asset Representations Review. 

“Risk Retention Effective Date” means December 24, 2016. 

“Risk Retention Rules” means Part 267 – Credit Risk Retention, 12 C.F.R. §267, as such rules may be
amended from time to time and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Credit Risk Retention No. 34-73407, Fed. Reg. 77,602, 77,766 (December 24, 2014)) or by the staff of
the Commission, or as may be provided in writing by the Commission or its staff from time to time. 
 “Sale
Agreement” means, the Sale Agreement dated as of the Closing Date, between the Seller and the Issuer, as the same may be amended and supplemented from time to time. 

“Sarbanes Certification” has the meaning set forth in Section 8.19(b)(iii) of the Servicing Agreement.

 “Sarbanes-Oxley Act” means the Sarbanes-Oxley Act of 2002, as amended, modified or supplemented from
time to time, and any successor law thereto. 
 “Schedule of Receivables” means the schedule of Receivables
transferred to the Issuer on the Closing Date. 
 “Second Allocation of Principal” means, with respect to
any Payment Date, an amount equal to the excess, if any, of (a) the sum of the Note Balance of the Class A Notes and Class B Notes minus the First Allocation of Principal for such Payment Date, over (b) the Net Pool Balance as of the end of
the related Collection Period; provided, however, that the Second Allocation of Principal for any Payment Date on and after the Final Scheduled Payment Date for the Class A Notes or the Class B Notes shall not be less than the amount
that is necessary to reduce the Class A Note Balance or the Class B Note Balance, as applicable, to zero (after the application of the First Allocation of Principal). 

“Securities Act” means the Securities Act of 1933, as amended. 

  

					
		  	Appendix A-26	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Seller” means Fifth Third Holdings Funding, LLC, a Delaware
limited liability company. 
 [“Senior Swap Termination Payment” means any Swap Termination Payment owed by
the Issuer to the Swap Counterparty under an Interest Rate Swap Agreement arising due to (1) the failure of the Issuer to make Net Swap Payments due under that Interest Rate Swap Agreement, (2) illegality of performance under the Interest Rate Swap
Agreement or (3) the occurrence of bankruptcy or insolvency events with respect to the Issuer.] 

“Servicer” means the Bank, initially, and any replacement Servicer appointed pursuant to the Servicing
Agreement. 
 “Servicer’s Certificate” means the certificate delivered pursuant to Section 3.9
of the Servicing Agreement. 
 “Servicer Replacement Event” means any one or more of the following that
shall have occurred and be continuing: 
 (a)        any failure by the Servicer to
deliver or cause to be delivered any required payment to the Indenture Trustee or the Owner Trustee for deposit into the Collection Account, which failure continues unremedied for five (5) Business Days after discovery thereof by a Responsible
Officer of the Servicer or receipt by a Responsible Officer of the Servicer of written notice thereof from the Indenture Trustee or Noteholders evidencing at least a majority of the Outstanding Note Balance (or, if no Notes are Outstanding,
from the Majority Certificateholders); 
 (b)        any failure by the Servicer to
duly observe or perform in any material respect any other of its covenants or agreements in the Servicing Agreement (other than Section 3.15 of the Servicing Agreement), which failure materially and adversely affects the rights of the Issuer
or the Noteholders or the Certificateholders, and which continues unremedied for ninety (90) days after discovery thereof by a Responsible Officer of the Servicer or receipt by the Servicer of written notice thereof from the Indenture Trustee or
Noteholders evidencing at least a majority of the Outstanding Note Balance (or, if no Notes are Outstanding, from the Majority Certificateholders) (it being understood that no Servicer Replacement Event will result from a breach by the Servicer of
any covenant for which the repurchase of the affected Receivable is specified as the sole remedy pursuant to Section 3.6 of the Servicing Agreement); 

(c)        any representation or warranty of the Servicer made in any Transaction
Document to which the Servicer is a party or by which it is bound or any certificate delivered pursuant to the Servicing Agreement (other than Section 3.15 of the Servicing Agreement) proves to have been incorrect in any material respect when
made, which failure materially and adversely affects the rights of the Issuer, the Noteholders or Certificateholders, and which failure continues unremedied for ninety (90) days after discovery thereof by a Responsible Officer of the Servicer or
receipt by the Servicer of written notice thereof from the Indenture Trustee or Noteholders evidencing a majority of the aggregate principal amount of the Outstanding Notes (or, if no Notes are Outstanding, from the Majority Certificateholders); or

 (d)        the Servicer suffers a Bankruptcy Event; 

  

					
		  	Appendix A-27	  	Sale Agreement
		  		  	(20[  ]-[  ])









 provided, further, that (A) any delay or failure of performance referred to in clause
(a) above shall have been caused by force majeure or other similar occurrence, the five Business Day grace period referred to in such clause (a) shall be extended for an additional sixty (60) calendar days and (B) if any delay or failure
of performance referred to in clause (b) or clause (c) above shall have been caused by force majeure or other similar occurrence, the ninety (90) day grace period referred to in clause (b) or clause (c) shall be extended
for an additional sixty (60) calendar days. The existence or occurrence of any “material instance of noncompliance” (within the meaning of Item 1122 of Regulation AB) shall not create any presumption that any event in clauses (a),
(b) or (c) above has occurred. 
 “Servicing Agreement” means the Servicing Agreement, dated
as of the Closing Date, among the Issuer, the Servicer and the Indenture Trustee, as the same may be amended, modified or supplemented from time to time. 

“Servicing Criteria” means the “servicing criteria” set forth in Item 1122(d) of Regulation AB.

 “Servicing Fee” means, for any Payment Date, the product of (A) one-twelfth (or, in the case of the
first Payment Date, [one-sixth][a fraction, the numerator of which is the number of days from but not including the Cut-Off Date to and including the last day of the first Collection Period and the denominator of which is 360]), (B) the Servicing
Fee Rate and (C) the Net Pool Balance as of the first day of the related Collection Period (or, in the case of the first Payment Date, as of the Cut-Off Date). 

“Servicing Fee Rate” means [1.00]% per annum. 

“Similar Law” means any federal, state, local or non-U.S. law that is substantially similar to the fiduciary
responsibility provisions of ERISA or Section 4975 of the Code. 
 “Simple Interest Method” means the
method of calculating interest due on a motor vehicle receivable on a daily basis based on the actual outstanding principal balance of the receivable on that date. 

“Simple Interest Receivable” means any motor vehicle receivable pursuant to which the payments due from the
Obligors during any month are allocated between interest, principal and other charges based on the actual date on which a payment is received and for which interest is calculated using the Simple Interest Method. 

“Specified Reserve Account Balance” means, for any Payment Date, the lesser of
$[          ] and the aggregate outstanding principal balance of the Notes after giving effect to all payments of principal on such Payment Date; provided, however, if: 

(a) the Specified Reserve Reduction Trigger is met on the
[          ] Payment Date, the Specified Reserve Account Balance shall be reduced to $[          ] on that Payment Date and shall remain at
$[          ] for each Payment Date thereafter; and 

  

					
		  	Appendix A-28	  	Sale Agreement
		  		  	(20[  ]-[  ])









 (b) the Specified Reserve Reduction Trigger is met on the
[          ] Payment Date, the Specified Reserve Account Balance shall be reduced to $[          ] on that Payment Date and shall remain at
$[          ] for each Payment Date thereafter. 
 “Specified
Reserve Reduction Trigger” means a trigger event that is met for the applicable Payment Date if the Cumulative Net Loss Ratio for such Payment Date is less than [    ]% on the
[          ] Payment Date or less than [    ]% on the [          ] Payment Date. 

[“S&P” means S&P Global Ratings, or any successor that is a nationally recognized statistical rating
organization.] 
 “Statutory Trust Statute” means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code
§ 3801 et seq. 
 “Subject Receivables” means, for any Asset Representations Review, all Receivables
Outstanding and held by the Issuer which are 60 or more days delinquent as of the first day on which the Review Conditions are satisfied; provided, however, that any Receivable that becomes a Purchased Receivable or is paid off after such
date will no longer be a Subject Receivable. 
 [“Subordinated Swap Termination Payment” means any Swap
Termination Payment owed by the Issuer to the Swap Counterparty under an Interest Rate Swap Agreement other than a Senior Swap Termination Payment.] 

“Sub-Servicer” means any Affiliate of the Servicer or any sub-contractor to whom any or all duties of the
Servicer (including, without limitation, its duties as custodian) under the Transaction Documents have been delegated in accordance with Section 5.5 of the Servicing Agreement. 

“Supplemental Servicing Fees” means any and all (i) late fees, (ii) extension fees, (iii) non-sufficient
funds charges and (iv) any and all other administrative fees or similar charges allowed by applicable law with respect to any Receivable. 

[“Swap Collateral Account” means a single, segregated trust account in the name of the Indenture Trustee,
which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Servicing Agreement.] 

[“Swap Counterparty” means the Initial Swap Counterparty and any Replacement Swap Counterparty.] 

[“Swap Payment Date” means the date on which Net Swap Receipts or Net Swap Payments, as applicable, are made
pursuant to the Interest Rate Swap Agreement.] 
 [“Swap Replacement Proceeds” means any amounts received
from a Replacement Swap Counterparty in consideration for entering into a Replacement Interest Rate Swap Agreement for a terminated Interest Rate Swap Agreement.] 

  

					
		  	Appendix A-29	  	Sale Agreement
		  		  	(20[  ]-[  ])









 [“Swap Termination Payment” means any payment due to the Swap
Counterparty by the Issuer or to the Issuer by the Swap Counterparty, including interest that may accrue thereon, under the Interest Rate Swap Agreement due to a termination of the Interest Rate Swap Agreement due to an “event of default”
or “termination event” under the Interest Rate Swap Agreement.] 
 [“Swap Termination Payment
Account” means an Eligible Account held in the United States in the name of the Indenture Trustee which shall be held in trust for the benefit of the Noteholders and the Swap Counterparty pursuant to Section 4.7(b) of the Servicing
Agreement.] 
 [“Target Credit Enhancement Overcollateralization Amount” means, with respect to any Payment
Date, the excess, if any, of: (1) $[            ] over (2) the Specified Reserve Account Balance. Notwithstanding, the foregoing, if on any Payment Date, the sum of the Target Credit
Enhancement Overcollateralization Amount plus the Specified Reserve Account Balance is greater than the Note Balance that is Outstanding (prior to making any principal payments on the Notes on such Payment Date), then the “Target Credit
Enhancement Overcollateralization Amount” for that Payment Date will be an amount, if any, equal to (a) the Note Balance that is outstanding (prior to making any principal payments on the Notes on such Payment Date) minus (b) the Specified
Reserve Account Balance.] 
 “Target Overcollateralization Amount” means, for any Payment Date,
[    ]% of the Net Pool Balance as of the Cut-Off Date. 
 “Tax Information” means
information and/or properly completed and signed tax certifications sufficient to eliminate the imposition of or to determine the amount of any withholding of tax, including FATCA Withholding Tax. 

“Tax Retained Notes” if any, means any Notes beneficially owned by the Issuer for U.S. federal income tax
purposes or any Person which for U.S. federal income tax purposes is considered the same Person as the Issuer, until such time as such Notes are the subject of an opinion pursuant to Section 2.4(f) of the Indenture. 

“TIA” or “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended and as in
force on the date hereof, unless otherwise specifically provided. 
 “Transaction Documents” means the
Indenture, the Notes, the Note Depository Agreement, the Receivables Sale Agreement, the Sale Agreement, the Servicing Agreement, the Purchase Agreement, the Administration Agreement[, the Interest Rate Swap Agreement] and the Trust Agreement, as
the same may be amended or modified from time to time. 
 “Transferred Assets” means (a) the Purchased
Assets, (b) all of the Seller’s rights under the Purchase Agreement, (c) all of FTH LLC’s rights under the Receivables Sale Agreement and (d) all proceeds of the foregoing. 

“Trust Account Property” means the Trust Accounts, all amounts and investments held from time to time in any
Trust Account (whether in the form of deposit accounts, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing. 

  

					
		  	Appendix A-30	  	Sale Agreement
		  		  	(20[  ]-[  ])









 “Trust Accounts” has the meaning set forth in Section
8.2(a)(iii) of the Indenture. 
 “Trust Agreement” means the Amended and Restated Trust
Agreement, dated as of the Closing Date, between the Seller and the Owner Trustee, as the same may be amended and supplemented from time to time. 

“Trust Estate” means all money, accounts, chattel paper, general intangibles, goods, instruments, investment
property and other property of the Issuer, including without limitation (i) the Receivables acquired by the Issuer under the Sale Agreement, the Related Security relating thereto and Collections thereon after the Cut-Off Date, (ii) the Receivable
Files, (iii) the rights of the Issuer to the funds on deposit from time to time in the Trust Accounts and any other account or accounts (other than the Designated Certificateholder Account, if any) established pursuant to the Indenture or Servicing
Agreement and all cash, investment property and other property from time to time credited thereto and all proceeds thereof, (iv) the rights of the Seller, as buyer, under the Purchase Agreement, (v) the rights of the Issuer under the Sale Agreement,
(vi) the rights of FTH LLC under the Receivables Sale Agreement and (vii) all proceeds of the foregoing. 

“UCC” means, unless the context otherwise requires, the Uniform Commercial Code as in effect in the relevant
jurisdiction, as amended from time to time. 
 “Underwriting Agreement” means the Underwriting Agreement,
dated as of [                  ], 20[    ], between
[                  ], on behalf of itself and as a representative of the several underwriters named therein, the Bank and the Seller. 

“United States” or “USA” means the United States of America (including all states, the
District of Columbia and political subdivisions thereof). 
 “United States Tax Person” means a United
States Person as defined in Section 7701(a)(30) of the Code. 
 [“Yield Supplement Overcollateralization
Amount” means, with respect to any Payment Date, the dollar amount set forth next to such Payment Date on Schedule X hereto.] 

The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. Unless
otherwise inconsistent with the terms of this Agreement, all accounting terms used herein shall be interpreted, and all accounting determinations hereunder shall be made, in accordance with GAAP. Amounts to be calculated hereunder shall be
continuously recalculated at the time any information relevant to such calculation changes. 

  

					
		  	Appendix A-31	  	Sale Agreement
		  		  	(20[  ]-[  ])









 SCHEDULE X 

YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT 
  

			
	 Payment Date
	  	Yield Supplement
Overcollateralization Amount
		
	 Closing Date
	  	$
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	


  

					
		  	X-1	  	Appendix A to the Sale and Servicing
		  		  	Agreement (20[    ]-[    ])










			
	 Payment Date
	  	Yield Supplement
Overcollateralization Amount
		
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	
		  	


  

					
		  	X-2	  	Appendix A to the
		  		  	Sale Agreement (20[    ]-[    ])