**Exhibit 10.147**

**DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.**

**DEFERRED COMPENSATION PLAN**

**ACCOUNT WITH BANK OF OKLAHOMA**

2007 Annual Incentive Compensation

 

**DTAG Deferred Comp Plan   000601**

 

 

**PARTICIPANT INFORMATION****:**

 

Participant Name (print or type):      John J. Foley                                     

 

 

**ELECTION OF DEFERRED COMPENSATION PLAN PARTICIPATION**

 

| 1. | x    I elect to participate in the Deferred Compensation Plan.  Currently, tax law requires that        any amount deferred into a Deferred Compensation account is subject to Social Security and Medicare taxes at the time of        deferral but is not subject to these taxes at the time of withdrawal. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

|   | x    I elect to        defer     0    % or $    0     of that amount awarded to me under the 2007 annual incentive compensation planpayable in 2008. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

| 2. | x    I elect payment of my benefit to be in a: |
|----|----------------------------------------------------------|

 

     X            (a)  Single lump sum payment upon separation from the company

 

            (b)  Single lump sum payment on or about                                       

 

______(c)  Single lump sum payment the earlier of (i) separation from the company or 

 

|   | (ii) on or about ____________________________ |
|--------|-----------------------------------------------|

 

| ** ** | ______(d) | Annual        installments over a period not to exceed                            (up to a maximum of 10 years).        I hereby elect the date on which my initial payment will be made to be                        . |
|------------|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

Note:  For certain key employees the law requires that payment of any benefit payable upon separation from service may not be made earlier than six months after the separation.

 

| 3. | x    Upon a “Change of        Control” with respect to the Employer, I hereby elect to have the balance of my        Deferred Compensation Plan account distributed to me or my designated beneficiary(ies) in lump sum form, subject to the        discretion of the Board, in accordance with the terms of the Plan. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

Please        consult with your tax advisor regarding the tax consequences of this Plan to you.  Neither the sponsor of this Plan, nor any of the        sponsor’s affiliates provide any assurances of the tax results of this Plan in the Participant’s particular situation or        assume any responsibility in this regard.

 

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