Document:

EX-10.2

 Exhibit 10.2 

SONIC AUTOMOTIVE, INC. 

2012 STOCK INCENTIVE PLAN 

NONSTATUTORY STOCK OPTION AGREEMENT 

This Nonstatutory Stock Option Agreement is entered into as of <Date Granted> between SONIC AUTOMOTIVE, INC., a Delaware
corporation (the “Company”), and <Name> (the “Participant”). 
 WHEREAS, the Company has
established the Sonic Automotive, Inc. 2012 Stock Incentive Plan pursuant to which the Company may, from time to time, grant stock options to eligible employees and other individuals providing services to the Company and its Subsidiaries; and

 WHEREAS, in consideration for the Participant’s service to the Company and/or its Subsidiaries, the Company has
determined to grant the Participant a nonstatutory stock option (the “Option”) to purchase shares of the Company’s Class A Common Stock pursuant to the terms and conditions of this Nonstatutory Stock Option Agreement (the
“Option Agreement”) and the Plan[, and which Option also is in consideration for and conditioned upon the Participant entering into the Restrictive Covenants and Confidentiality Agreement that accompanies this Option Agreement (unless such
Restrictive Covenants and Confidentiality Agreement was previously executed and delivered to the Company in connection with a prior stock incentive award)]; 

NOW, THEREFORE, in consideration of the promises and the mutual covenants and agreements hereinafter set forth, the parties hereby
agree as follows: 
 1. Definitions. For purposes of this Option Agreement, the
following terms have the meanings set forth in the Plan, as generally defined below. Capitalized terms not otherwise defined in this Option Agreement have the meanings indicated in the Plan. 

(a) “Cause” means any act(s) or omission(s) that result in, or that have the effect of resulting in, (i) the commission
of a crime by the Participant involving moral turpitude, which crime has a material adverse impact on the Company or any Subsidiary or which is intended to result in the personal enrichment of the Participant at the expense of the Company or any
Subsidiary; (ii) a material violation of the Participant’s responsibilities; (iii) the Participant’s gross negligence or willful misconduct; or (iv) the continuous, willful failure of the Participant to follow the reasonable
directives of the Company’s Board of Directors. 
 (b) “Committee” means the Compensation Committee of the
Company’s Board of Directors or such other committee that is designated by the Board of Directors to administer the Plan. In the event that no such Committee exists or is appointed, “Committee” refers to the Company’s
Board of Directors. 
 (c) “Common Stock” means the Class A Common Stock, par value $.01 per share, of the Company.

 (d) “Disability” means the permanent and total disability of the Participant,
determined in accordance with the Plan. 
 (e) “Family Member” means the Participant’s child, stepchild, grandchild,
parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law or sister-in-law, including adoptive relationships, or any person sharing the
Participant’s household (other than a tenant or employee). 
 (f) “Involuntary Termination Without Cause” means the
dismissal of, or the request for the resignation of, the Participant either (i) by court order, order of any court-appointed liquidator or trustee of the Company, or the order or request of any creditors’ committee of the Company
constituted under the federal bankruptcy laws, provided that such order or request contains no specific reference to actions or omissions that would constitute Cause; or (ii) by a duly authorized corporate officer of the Company or any
Subsidiary, or by the Company’s Board of Directors, for any reason other than for Cause. 
 (g) “Option” means the
option to purchase shares of Common Stock granted to the Participant pursuant to this Option Agreement. 
 (h) “Option
Agreement” means this Nonstatutory Stock Option Agreement between the Company and the Participant. 
 (i) “Option
Period” means the period beginning on the date of this Option Agreement and ending at the close of business <insert number of years – no more than ten years> years from the date of this Option Agreement. 

(j) “Participant” means the person to whom the Option is granted and, as applicable, the estate, personal representative,
beneficiary or Permitted Transferee to whom the Option may be transferred pursuant to this Option Agreement by will or the laws of descent and distribution, or as otherwise permitted by the Plan. 

(k) “Permitted Transferee” means a Family Member, a trust in which Family Members have more than fifty percent (50%) of
the beneficial interest, a foundation in which Family Members (or the Participant) control the management of assets, and any other entity in which Family Members (or the Participant) own more than fifty percent (50%) of the voting interests.

 (l) “Plan” means the Sonic Automotive, Inc. 2012 Stock Incentive Plan, as amended from time to time. 

(m) “Subsidiary” means a corporation, partnership, limited liability company, joint venture or other entity in which the
Company directly or indirectly controls more than 50% of the voting power or equity or profits interests. 
 (n) “Termination of
Service” means the termination of the Participant’s service with the Company and its Subsidiaries. A Participant generally shall be considered to have incurred a Termination of Service if his or her employer ceases to be a Subsidiary.
All 

  
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determinations relating to whether the Participant has incurred a Termination of Service and the effect thereof shall be made by the Committee, including whether a leave of absence shall
constitute a Termination of Service, subject to applicable law. 
 2. Grant of Option. Subject to the terms and
conditions set forth in this Option Agreement and the Plan [and to the Participant’s entering into the Restrictive Covenants and Confidentiality Agreement], the Company hereby grants to the Participant the Option to purchase from the Company,
at an exercise price of $             per share, up to but not exceeding in the aggregate <number> shares of
Common Stock. [Notwithstanding the foregoing, if the Participant has previously executed and delivered to the Company a Restrictive Covenants and Confidentiality Agreement in connection with a prior stock incentive award, the Participant shall be
deemed to have satisfied such condition with respect to the grant of this Option.] The Option shall terminate at the expiration of the Option Period, unless the Option terminates earlier pursuant to this Option Agreement.  

3. Exercise of Option. Subject to termination of the Option, the Option may be exercised in accordance with the
following:  
 (a) The Option shall vest <insert vesting schedule>. Vesting on any such date is subject to
the Participant’s continued service with the Company and its Subsidiaries through such date. 
 (b) The Option will become fully vested
and exercisable in connection with a “Change in Control” (as defined in the Plan). 
 (c) To the extent vested, the Option
generally will be exercisable until the expiration of the Option Period or earlier termination of the Option. 
 (d) No less than 100 shares
of Common Stock may be purchased at any time unless the number of shares purchased at such time is the total number of shares for which the Option is then exercisable. Only whole shares of Common Stock may be purchased. Fractional shares will not be
issued. 
 (e) The Participant may exercise the Option, to the extent vested and exercisable, by the delivery to the Company (or its
designated representative) of a written notice of exercise (in the form and manner directed by the Company or its delegate) specifying the number of shares of Common Stock with respect to which the Option is to be exercised, accompanied by the
aggregate exercise price for the shares of Common Stock and payment of, or provision for, all applicable withholding taxes (pursuant to Section 4 below). Unless otherwise provided by the Committee, the aggregate exercise price shall be payable
to the Company in full (i) in cash or cash equivalents acceptable to the Company, (ii) subject to applicable law, by tendering previously acquired shares of Common Stock (or delivering a certification of ownership of such shares) having an
aggregate fair market value at the time of exercise equal to the total exercise price (provided that the shares of Common Stock either were purchased on the open market or have been held by the Participant for a period of at least six months (unless
such six-month period is waived by the Committee)), (iii) subject to applicable law and applicable rules and procedures, by means of a “cashless exercise” facilitated by a securities broker

  
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approved by the Company through the irrevocable direction to sell all or part of the shares of Common Stock being purchased and to deliver the Option Price (and any applicable withholding taxes)
to the Company, (iv) if approved by the Committee and subject to applicable law, by means of a “net share settlement” procedure, or (v) a combination of the foregoing. 

(f) The Company may require that the Participant make such representations and agreements and furnish such information as the Company deems
appropriate to assure compliance with applicable legal and regulatory requirements. 
 4. Payment of Withholding
Taxes. Upon the Participant’s exercise of his or her Option with respect to any of the covered shares of Common Stock, the Participant shall pay or make provision for payment to the Company, through payroll or other withholding (which
withholding the Participant hereby authorizes) or other means acceptable to the Committee and permissible under the Plan (including through a “cashless exercise” as described in Section 3(e) above), the amount necessary to satisfy any
federal, state or local tax and other withholding requirements that may arise in connection with or be due upon such exercise. The determination of the withholding amounts due shall be made by the Company and its Subsidiaries and shall be binding
upon the Participant. If the amount requested is not paid, the Company may refuse to issue the Common Stock. Nothing in this Section shall be construed to impose on the Company and its Subsidiaries a duty to withhold where applicable law does not
require such withholding. 
 THE PARTICIPANT ACKNOWLEDGES THAT HE OR SHE IS RESPONSIBLE FOR, AND IS ADVISED TO CONSULT WITH
HIS OR HER OWN TAX ADVISORS REGARDING, THE TAX CONSEQUENCES TO THE PARTICIPANT THAT MAY ARISE IN CONNECTION WITH THE OPTION AND ITS EXERCISE. 

5. Termination of Service. If the Participant incurs a Termination of Service prior to the expiration of the
Option Period, the Option shall terminate except as provided below:  
 (a) The Option shall terminate sixty (60) days
from the Participant’s Termination of Service for any reason other than Cause, death, Disability or Involuntary Termination Without Cause. 

(b) The Option shall terminate ninety (90) days from the Participant’s Involuntary Termination Without Cause. 

(c) The Option shall terminate one (1) year from the Participant’s Termination of Service due to the Participant’s Disability.

 (d) The Option shall terminate one (1) year from the Participant’s death if it caused the Participant’s Termination of
Service or occurred during the exercise period following Termination of Service described in subsection (a), (b) or (c) above. 

(e) The Option shall terminate immediately upon the Participant’s Termination of Service for Cause. 

In the event the Option remains exercisable for a period of time following Termination of Service as described above, the Option may be
exercised during such period of time only to the 

  
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same extent the Option was vested and exercisable on the date of the Participant’s Termination of Service. Notwithstanding any extended exercise period following a Termination of Service,
the Option will terminate earlier upon the expiration of the Option Period. 
 6. Transferability. The Option is not
transferable by the Participant other than (a) by will or the laws of descent and distribution or (b) by transfer for no consideration to a Permitted Transferee. In the case of a transfer pursuant to (b) above, the Committee must be
notified in advance in writing of the terms of any proposed transfer to a Permitted Transferee and such transfers may occur only with the consent of and subject to the rules and conditions imposed by the Committee. The transferred Option shall
continue to be subject to the same terms and conditions in the hands of the Permitted Transferee as were applicable immediately prior to the transfer (including the provisions of the Plan and this Option Agreement relating to the expiration or
termination of the Option). No assignment, pledge or transfer of the Option, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, except as described above, shall be effective; but immediately
upon any such attempt to assign, pledge or transfer the Option, the Option shall terminate and be of no further force or effect. 

7. Company Policies. The Option and the exercise thereof are subject to the terms and conditions of any policy
regarding clawbacks, forfeitures, or recoupments adopted by the Company from time to time. Without limiting the foregoing, by acceptance of the Option, the Participant agrees to repay to the Company or any Subsidiary any amount that may be required
to be repaid under any such policy. 
 8. Restrictive Covenants. In the event
that the Company determines that the Participant has violated the terms of any secrecy, confidentiality, noncompetition, no-solicit and/or no-hire covenants or clauses contained in any agreement with the Company and/or one or more Subsidiaries,
including but not limited to any Restrictive Covenants and Confidentiality Agreement (even if such covenants, clauses or agreements are held invalid or unenforceable), then (a) to the extent still outstanding, the Option shall immediately
terminate upon such violation and (b) the Participant shall be required to immediately pay the Company an amount equal to the Participant’s gain associated with the exercise of all or any part of the Option both after such violation and
within two (2) years prior to such violation, with such gain being determined based on the excess of the fair market value of the Common Stock at exercise over the exercise price, without regard to any subsequent increase or decrease in the
value of the Common Stock. The Company and its Subsidiaries shall have the right to offset such gain against any amounts otherwise owed to the Participant by the Company or a Subsidiary (including, but not limited to, wages or other compensation,
vacation pay, fringe benefits or pursuant to any other compensatory arrangement); provided, that any payment that constitutes nonqualified deferred compensation subject to Section 409A of the Code, as determined by the Company, shall be subject
to offset only to the extent such offset would not give rise to a failure to comply with Section 409A of the Code. Notwithstanding the foregoing, nothing under this Section shall limit the Company’s or its Subsidiaries’ remedies under
any such agreements containing secrecy, confidentiality, noncompetition, no-solicit and/or no-hire covenants or clauses or otherwise against the Participant for violations thereof. 

  
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 9. Rights as Stockholder. The Participant shall have no rights as a
stockholder of the Company with respect to any shares of Common Stock underlying the Option until the Participant shall have become the holder of record of such Common Stock following exercise of the Option. Subject to Section 10 below, no
adjustments shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date that the Participant shall have become the holder of
record of the shares of Common Stock acquired pursuant to the Option. 
 10. Adjustments. Subject
to the Plan, in the event of a reorganization, recapitalization, stock split, stock dividend, extraordinary dividend, spin-off, combination of shares, merger, consolidation or similar transaction or other change in corporate capitalization affecting
the Common Stock, equitable adjustments and/or substitutions, as applicable, will be made by the Committee to prevent the dilution or enlargement of rights, including adjustments to the number of shares of Common Stock covered by the Option and the
applicable exercise price per share, as provided in the Plan. The Committee also will make adjustments in its discretion to eliminate any resulting fractional shares. 

The existence of the Option does not affect in any way the authority of the Company and its stockholders to exercise their corporate rights
and powers, including, but not by way of limitation, the right of the Company to authorize any adjustment, reclassification, reorganization, or other change in its capital or business structure, any merger or consolidation of the Company, the
dissolution or liquidation of the Company, the issuance of securities with preference ahead of or affecting the Common Stock, or any sale or transfer of all or any part of its business or assets. 

11. Securities Laws. Notwithstanding any provision herein to the contrary or in the Plan, the Company shall be under no
obligation to issue any shares of Common Stock to the Participant upon exercise of the Option unless and until the Company has determined that such issuance is either exempt from registration, or is registered, under the Securities Act of 1933, as
amended, and is either exempt from registration and qualification, or is registered or qualified, as applicable, under all applicable state securities or “blue sky” laws. Nothing in this Option Agreement shall be construed to obligate the
Company at any time to file or maintain a registration statement under the Securities Act of 1933, as amended, or to effect similar compliance under any applicable state laws with respect to the Common Stock that may be issued pursuant to this
Option Agreement. 
 12. Personal Data. The Participant acknowledges that Plan participation and receipt of
awards under the Plan (including the Option) involve the use and transfer, in electronic or other form, of personal data about the Participant between and among the Company, its Subsidiaries and third-party service providers. This data may include,
but is not limited to, the Participant’s name, home address, telephone number, date of birth, social security number, information regarding securities of the Company held by such Participant, and details of awards granted to the Participant
under the Plan, including the Option. By accepting the Option, the Participant consents and agrees that the Company and its Subsidiaries may transfer such data to third parties assisting the Company in the administration and management of the Plan,
the Option and the Participant’s participation in the Plan, including any requisite transfer of such data to a broker or other third party with whom the Company or the Participant may deposit any shares of Common Stock. 

  
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 13. Resolution of Disputes; Interpretation. Any question of
interpretation, dispute or disagreement that arises under, or as a result of, this Option Agreement shall be determined by the Committee in its absolute and uncontrolled discretion, and any determination or interpretation by the Committee in
connection with this Option Agreement shall be final, binding and conclusive on all parties affected thereby. 

14. Miscellaneous. 

(a) Binding on Successors and Representatives. Subject to applicable transfer restrictions applicable to the Participant, this
Option Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company and the Participant’s heirs, executors, administrators, personal representatives, and assigns; and the parties agree, for themselves
and their successors, representatives and assigns, to execute any instrument that may be necessary legally to effect the terms and conditions of this Option Agreement. 

(b) No Employment Rights. Nothing contained in this Option Agreement shall confer upon the Participant any right to continue in the
employ or service of the Company or any Subsidiary nor interfere with or limit in any way the right of the Company or a Subsidiary to terminate the Participant’s employment by, or performance of services for, the Company or Subsidiary at any
time. 
 (c) Entire Agreement. This Option Agreement together with the Plan constitute the entire agreement of the parties
with respect to the Option and supersede any previous agreement, whether written or oral, with respect thereto. This Option Agreement has been entered into in compliance with the terms of the Plan; wherever a conflict may arise between the terms of
this Option Agreement and the terms of the Plan, the terms of the Plan shall control. 
 (d) Amendment. Except as otherwise
provided in the Plan, neither this Option Agreement nor any of the terms and conditions herein set forth may be altered or amended orally, and any such alteration or amendment shall be effective only when reduced to writing and agreed to by each of
the parties hereto or their respective successors and assigns. 
 (e) Construction of Terms. Any reference herein to the
singular or plural shall be construed as plural or singular whenever the context requires. 
 (f) Notices. Except as otherwise
provided in Section 3, all notices required and permitted to be given hereunder shall be in writing and notices shall be deemed to have been given (i) if delivered by hand, when so delivered, (ii) if sent by overnight express service,
one (1) business day after delivery to such service, or (iii) if mailed by certified or registered mail, return receipt requested, three (3) days after delivery to the post office. In each case, all notices shall be addressed to the
intended recipient as follows or at such other address as is provided by either party by notice to the other: 
  

			
	If to the Company:	  	With a copy to:
		
	Sonic Automotive, Inc.	  	Sonic Automotive, Inc.
	Attention: Chief Financial Officer	  	Attention: General Counsel
	4401 Colwick Road	  	4401 Colwick Road
	Charlotte, NC 28211	  	Charlotte, NC 28211

  
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 If to the Participant: 

The Participant’s address appearing in the Company’s records. 

(g) Governing Law. This Option Agreement shall be governed by, and construed in accordance with, the laws of the State of North
Carolina, without regard to its principles of conflict of laws. The parties agree that any action, suit or proceeding arising out of or related to this Option Agreement shall be instituted in the state or federal courts sitting in Mecklenburg
County, North Carolina. 
 (h) Severability. The invalidity or unenforceability of any particular provision of this Option
Agreement shall not affect the other provisions hereof, and the Committee may elect in its discretion to construe such invalid or unenforceable provision in a manner which conforms to applicable law or as if such provision was omitted. 

(i) Electronic Delivery and Acknowledgement. The Participant acknowledges and agrees that the Company may, in its discretion, deliver
documents related to the Option and participation in the Plan (including, without limitation, this Option Agreement, Plan documents and disclosures that may be required by the Securities and Exchange Commission) by electronic means, including
through an on-line or electronic system (including by posting them on a website) established and maintained by the Company or a third party designated by the Company, and the Participant consents to receive documents in such manner. Regardless of
whether the Company delivers and permits or requires acceptance of this Option Agreement electronically, the Participant agrees to be bound by all terms and provisions of this Option Agreement and the Plan. 

(j) Not an Incentive Stock Option. The Option granted by this Option Agreement is not intended to be an “incentive stock
option” under Section 422 of the Internal Revenue Code of 1986, as amended. 
 IN WITNESS WHEREOF, the parties hereto have
executed this Option Agreement effective as of the day and year first written above. 
  

							
	SONIC AUTOMOTIVE, INC.	 		 	PARTICIPANT: <NAME>
				
	By:	 	  
	 		 	  

				
	Title:	 	  
	 		 	

  
 8EX-10.3

 Exhibit 10.3 

SONIC AUTOMOTIVE, INC. 

2012 STOCK INCENTIVE PLAN 

PERFORMANCE-BASED RESTRICTED STOCK AGREEMENT 

This Performance-Based Restricted Stock Agreement (the “Restricted Stock Agreement”) is entered into as of <Date
Granted> (the “Grant Date”) between SONIC AUTOMOTIVE, INC., a Delaware corporation (the “Company”), and <Name> (the “Participant”). 

WHEREAS, the Company has established the Sonic Automotive, Inc. 2012 Stock Incentive Plan (the “Plan”), pursuant to which the
Company may, from time to time, make grants of restricted shares of the Company’s Common Class A Stock, par value $.01 per share (the “Common Stock”), to eligible employees and other individuals providing services to the Company
and its Subsidiaries (as defined in the Plan); and 
 WHEREAS, in consideration for the Participant’s service to the
Company and/or its Subsidiaries, the Company has determined to grant the Participant restricted shares of the Company’s Common Stock pursuant to the terms and conditions of the Plan and this Restricted Stock Agreement[, and which grant of
restricted Common Stock also is in consideration for and conditioned upon the Participant entering into the Restrictive Covenants and Confidentiality Agreement that accompanies this Restricted Stock Agreement (unless such a Restrictive Covenants and
Confidentiality Agreement was previously executed and delivered to the Company in connection with a prior stock incentive award)]; 

NOW, THEREFORE, in consideration of the promises, mutual covenants and agreements hereinafter set forth, the parties hereby agree as
follows: 
 1. Grant of Restricted Stock. In consideration for the Participant’s service to the
Company and/or its Subsidiaries and subject to the terms and conditions set forth in this Restricted Stock Agreement and the Plan, the Company hereby grants to the Participant
                            (            )
restricted shares of Common Stock (the “Target Grant”). As used in this Restricted Stock Agreement, the term “Restricted Stock” refers to the Target Grant or the Adjusted Grant (defined in Section 2 below), as applicable.
 
 [This grant of Restricted Stock also is subject to the Participant’s entering into the accompanying Restrictive
Covenants and Confidentiality Agreement. If the Participant has previously executed and delivered to the Company the Restrictive Covenants and Confidentiality Agreement in connection with a prior stock incentive award, the Participant shall be
deemed to have satisfied such condition with respect to this grant of Restricted Stock.] 
 2. Performance
Condition(s). The Target Grant shall be subject to forfeiture based on <insert performance-based criteria>. The “Adjusted Grant” is the number of shares of Restricted Stock that shall remain
outstanding (but still subject to forfeiture as provided in Section 3 below and as provided elsewhere in the Restricted Stock Agreement and the Plan). 

3. Vesting Conditions. Except as otherwise provided below in Section 4 or elsewhere in this Restricted Stock
Agreement, the Adjusted Grant shall vest <insert vesting schedule>. Vesting on any such date is subject to the Participant’s continued service with the Company and its Subsidiaries through such date and subject to the other
terms of this Restricted Stock Agreement. 

 4. Termination of Service.  

(a) Involuntary Termination Without Cause. If the Participant incurs an Involuntary Termination Without Cause prior to [full
vesting date], the Adjusted Grant shall become fully vested (to the extent not yet vested) on the later of (i) the date of such termination or (ii) the date that the Compensation Committee certifies that the performance conditions in
Section 2 have been met. 
 (b) Death or Disability. In the event of the Participant’s death or Disability prior to
[full vesting date] and prior to any Termination of Service, the Adjusted Grant shall become fully vested (to the extent not yet vested) on the later of (i) the date of such death or Disability or (ii) the date that the Compensation
Committee certifies that the performance conditions in Section 2 have been met. 
 (c) Termination For Cause and Other Termination
of Employment. If the Participant incurs a Termination of Service for Cause or for any other reason not specifically addressed above (including voluntary resignation), all unvested Restricted Stock (whether under the Target Grant or the Adjusted
Grant) shall be immediately and automatically forfeited by the Participant. 
 (d) Definitions. For purposes of this Restricted Stock
Agreement, the following terms have the definitions indicated: 
 (i) “Cause” means any act, action or series of acts or
actions or any omission, omissions or series of omissions which result in, or which have the effect of resulting in, (A) the commission of a crime by the Participant involving moral turpitude, which crime has a material adverse impact on the
Company or any Subsidiary or which is intended to result in the personal enrichment of the Participant at the expense of the Company or any Subsidiary; (B) a material violation of the Participant’s responsibilities; (C) the
Participant’s gross negligence or willful misconduct; or (D) the continuous, willful failure of the Participant to follow the reasonable directives of the Company’s Board of Directors. 

(ii) “Disability” means that the Participant is, by reason of any medically determinable physical or mental impairment which
can be expected to result in death or can be expected to last for a continuous period of not less than twelve months: (A) unable to engage in any substantial gainful activity, or (B) receiving income replacement benefits for a period of
not less than three months under an accident and health plan covering employees of the Company. 
 (iii) “Involuntary Termination
Without Cause” means a Termination of Service due to the dismissal of, or the request for the resignation of, the Participant either (A) by court order, order of any court-appointed liquidator or trustee of the Company, or the order or
request of any creditors’ committee of the Company constituted under the federal bankruptcy laws, provided that such order or request contains no specific reference to actions or omissions that would constitute Cause; or (B) by a duly
authorized corporate officer of the Company or any Subsidiary, or by the Company’s Board of Directors, for any reason other than for Cause. 

  
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 (iv) “Termination of Service” has the meaning given to such term under the
Plan. 
 [Replace/revise foregoing with alternative or different terms as determined by the Committee in accordance with Plan terms]

 5. Restrictions on Transferability. The Participant may not sell, assign, convey, pledge, exchange,
hypothecate, alienate or otherwise dispose of or transfer the Restricted Stock in any manner to the extent it remains unvested. No assignment, pledge or transfer of the unvested Restricted Stock, or of the rights represented thereby, whether
voluntary or involuntary, by operation of law or otherwise, shall be effective; but immediately upon any such attempt to assign, pledge or otherwise transfer the Restricted Stock, the Restricted Stock shall be forfeited.  

6. Company Policies. The Restricted Stock is subject to the terms and conditions of any policy regarding
clawbacks, forfeitures, or recoupments adopted by the Company from time to time. Without limiting the foregoing, by acceptance of the Restricted Stock, the Participant agrees to repay to the Company or any Subsidiary any amount that may be required
to be repaid under any such policy. 
 7. Restrictive Covenants. In the event that the Company
determines that the Participant has violated the terms of any secrecy, confidentiality, noncompetition, no-solicit, no-hire or other restrictive covenants or clauses contained in any agreement with the Company and/or one or more Subsidiaries,
including but not limited to any Restrictive Covenants and Confidentiality Agreement (even if such covenants, clauses or agreements are held invalid or unenforceable), then (a) any unvested shares of Restricted Stock and any vested shares of
Common Stock that have not yet been delivered to the Participant shall be immediately and automatically forfeited and rescinded upon such violation and (b) if any other shares of Restricted Stock have vested after such violation or within two
(2) years prior to such violation, then (without regard to tax consequences) the Participant agrees to return such shares of Common Stock to the Company or if the Participant has sold or disposed of such shares, the Participant agrees to
immediately pay the Company an amount equal to the fair market value of such shares at the time of such sale or disposition. Subject to applicable law, the Company and its Subsidiaries shall have the right to offset such payment amount against any
amounts otherwise owed to the Participant by the Company or a Subsidiary (including, but not limited to, wages or other compensation, vacation pay, fringe benefits or pursuant to any other compensatory arrangement); provided, that any payment that
constitutes nonqualified deferred compensation subject to Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), as determined by the Company, shall be subject to offset only to the extent such offset would not
give rise to a failure to comply with Section 409A of the Code. Notwithstanding the foregoing, nothing under this Section shall limit the Company’s or its Subsidiaries’ remedies under any such agreements containing secrecy,
confidentiality, noncompetition, no-solicit and/or no-hire covenants or clauses or otherwise against the Participant for violations thereof. 

8. Forfeiture Procedures. In the event of any forfeiture of any shares of Restricted Stock, such forfeiture shall
be automatic and without further act or deed by the Participant.  

  
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Notwithstanding the foregoing, if requested by the Company (or its agent), the Participant shall execute such documents (including, without limitation, a power of attorney in favor of the
Company) and take such other action deemed necessary or desirable by the Company to evidence such forfeiture. 
 9. Tax
Matters (Withholding and 83(b) Elections). The Participant shall pay or make provision for payment to the Company or a Subsidiary, as applicable, through payroll or other withholding (which withholding the Participant hereby authorizes) or
other means acceptable to the Committee and permissible under the Plan, the amount necessary to satisfy any federal, state or local withholding requirements applicable to any taxable event arising in connection with the Restricted Stock (including,
without limitation, vesting events and the payment of dividends). If other satisfactory withholding arrangements have not been made and unless otherwise provided by the Committee, the Company shall retain and withhold from the Common Stock otherwise
deliverable to the Participant upon vesting of the Restricted Stock such number of shares with a fair market value sufficient to satisfy the statutory minimum required withholding amount and any remaining amount shall be otherwise satisfied as
described above. The determination of the withholding amounts due shall be made by the Company and/or its Subsidiaries and shall be binding upon the Participant. The Company shall not be required to deliver, or release the restrictions on transfer
of, such shares of Common Stock unless the Participant has made acceptable arrangements to satisfy any such withholding requirements. Nothing in this Section shall be construed to impose on the Company a duty to withhold where applicable law does
not require such withholding.  
 The Participant acknowledges that the Participant is responsible for and is advised to
consult with the Participant’s own tax advisors regarding the tax consequences to the Participant that may arise in connection with the Restricted Stock, including the decision to make and timely file, and the consequences of, any election
under Section 83(b) of the Code. The Participant also shall timely deliver a copy of any such Section 83(b) filing to the Company. 

10. Book-Entry Form. The shares of Restricted Stock generally shall be evidenced in book-entry or similar form and
maintained by or on behalf of the Company in such form. In such case, no stock certificates shall be issued and the applicable restrictions will be noted in the records of the Company and its transfer agent. Notwithstanding the foregoing, in the
discretion of the Company, a certificate or certificates representing the Restricted Stock may be registered in the name of the Participant and held in escrow or other custody by or on behalf of the Company. In either case, each certificate or
book-entry record may bear such legends as the Company deems appropriate to reflect the applicable terms and conditions upon the Restricted Stock.  

11. Rights as Stockholder. Notwithstanding the foregoing vesting and transfer restrictions that apply to the Restricted Stock,
but subject to the terms of this Restricted Stock Agreement and the Plan, the Participant generally shall otherwise have the beneficial ownership of the Restricted Stock and shall be entitled to exercise the rights and privileges of a stockholder
with respect to the Restricted Stock, including the right to receive dividends (if any) paid with respect to such shares and the right to vote such shares; provided, however, that (a) any dividend payments will be made no later than the end of
the calendar year in which the dividends are paid to stockholders of the Common Stock or, if later, the fifteenth day of the third month following the date the dividends are paid to shareholders of the Common Stock; and (b) with respect to any
shares of Common Stock that arise from dividends with respect to the Restricted Stock or 

  
 4 

 
adjustments under Section 12, the Participant shall have the same rights and privileges, and shall be subject to the same restrictions, that apply to the Restricted Stock under this
Restricted Stock Agreement and the Plan. 
 12. Adjustments; Change in Control. Subject to the Plan, in the
event of a reorganization, recapitalization, stock split, stock dividend, extraordinary dividend, spin-off, combination of shares, merger, consolidation or similar transaction or other change in corporate capitalization affecting the Common Stock,
equitable adjustments and/or substitutions, as applicable, will be made to the Restricted Stock by the Committee to prevent the dilution or enlargement of rights. The Committee also will make adjustments in its discretion to eliminate any resulting
fractional shares. In addition, the Restricted Stock may become fully vested in connection with a “Change in Control” (as defined in the Plan).  

The existence of the Restricted Stock does not affect in any way the authority of the Company and its stockholders to exercise their corporate
rights and powers, including, but not by way of limitation, the right of the Company to authorize any adjustment, reclassification, reorganization, or other change in its capital or business structure, any merger or consolidation of the Company, the
dissolution or liquidation of the Company, the issuance of securities with preference ahead of or affecting the Common Stock, or any sale or transfer of all or any part of its business or assets. 

13. Securities Laws. Notwithstanding any provision herein to the contrary or in the Plan, the Company shall be under no
obligation to issue any shares of Common Stock to the Participant pursuant to this Restricted Stock Agreement unless and until the Company has determined that such issuance is either exempt from registration, or is registered, under the Securities
Act of 1933, as amended, and is either exempt from registration and qualification, or is registered or qualified, as applicable, under all applicable state securities or “blue sky” laws. Nothing in this Restricted Stock Agreement shall be
construed to obligate the Company at any time to file or maintain a registration statement under the Securities Act of 1933, as amended, or to effect similar compliance under any applicable state laws with respect to the Common Stock that may be
issued pursuant to this Restricted Stock Agreement. The Company may require that the Participant make such representations and agreements and furnish such information as the Company deems appropriate to assure compliance with applicable legal and
regulatory requirements. 
 14. Resolution of Disputes; Interpretation. Any question of interpretation, dispute
or disagreement that arises under, or as a result of, this Restricted Stock Agreement shall be determined by the Committee in its absolute and uncontrolled discretion, and any determination or other interpretation by the Committee in connection with
this Restricted Stock Agreement shall be final, binding and conclusive on all parties affected thereby.  

  
 5 

 15. Personal Data. The Participant acknowledges that Plan
participation and receipt of awards under the Plan (including the Restricted Stock) involve the use and transfer, in electronic or other form, of personal data about the Participant between and among the Company, its Subsidiaries and third-party
service providers. This data may include, but is not limited to, the Participant’s name, home address, telephone number, date of birth, social security number, information regarding securities of the Company held by such Participant, and
details of awards granted to the Participant under the Plan, including the Restricted Stock. By accepting the Restricted Stock, the Participant consents and agrees that the Company and its Subsidiaries may transfer such data to third parties
assisting the Company in the administration and management of the Plan, the Restricted Stock and the Participant’s participation in the Plan, including any requisite transfer of such data to a broker or other third party with whom the Company
or the Participant may deposit any shares of Common Stock. 
 16. Miscellaneous.

 (a) Binding on Successors and Representatives. Subject to the transfer restrictions applicable to the Participant
hereunder and other conditions hereof, this Restricted Stock Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company and the Participant’s heirs, executors, administrators and personal
representatives; and the parties agree, for themselves and their successors, representatives and assigns, to execute any instrument that may be necessary legally to effect the terms and conditions of this Restricted Stock Agreement. 

(b) No Employment Rights. Nothing contained in this Restricted Stock Agreement shall confer upon the Participant any right to continue
in the employ or service of the Company or any Subsidiary nor interfere with or limit in any way the right of the Company or a Subsidiary to terminate the Participant’s employment by, or performance of services for, the Company or Subsidiary at
any time. 
 (c) Entire Agreement. This Restricted Stock Agreement together with the Plan constitute the entire agreement of
the parties with respect to the Restricted Stock and supersede any previous agreement, whether written or oral, with respect thereto. This Restricted Stock Agreement has been entered into in compliance with the terms of the Plan; wherever a conflict
may arise between the terms of this Restricted Stock Agreement and the terms of the Plan, the terms of the Plan shall control. 
 (d)
Amendment. Except as otherwise provided below or in the Plan, neither this Restricted Stock Agreement nor any of the terms and conditions herein set forth may be altered or amended orally, and any such alteration or amendment shall be
effective only when reduced to writing and agreed to by each of the parties hereto. The Company or the Committee may, without obtaining the Participant’s written consent, amend this Restricted Stock Agreement in any respect either deems
necessary or advisable to comply with Section 409A of the Code and applicable regulations and guidance thereunder and/or to prevent this Restricted Stock Agreement from being subject to Section 409A of the Code. 

(e) Construction of Terms and Definitions. Any reference herein to the singular or plural shall be construed as plural or
singular whenever the context requires. Capitalized terms not otherwise defined in this Restricted Stock Agreement shall have the meanings ascribed to them in the Plan. 

  
 6 

 (a) Notices. All notices required and permitted to be given hereunder shall be in
writing and notices shall be deemed to have been given (i) if delivered by hand, when so delivered, (ii) if sent by overnight express service, one (1) business day after delivery to such service, or (iii) if mailed by certified
or registered mail, return receipt requested, three (3) days after delivery to the post office. In each case, all notices shall be addressed to the intended recipient as follows or at such other address as is provided by either party by notice
to the other: 
  

			
	If to the Company:	  	With a copy to:
		
	Sonic Automotive, Inc.	  	Sonic Automotive, Inc.
	Attention: Chief Financial Officer	  	Attention: General Counsel
	4401 Colwick Road	  	4401 Colwick Road
	Charlotte, NC 28211	  	Charlotte, NC 28211

 If to the Participant: 

The Participant’s address appearing in the Company’s records. 

(b) Governing Law. This Restricted Stock Agreement shall be governed by, and construed in accordance with, the laws of the State
of North Carolina, without regard to its principles of conflict of laws. The parties agree that any action, suit or proceeding arising out of or related to this Restricted Stock Agreement shall be instituted in the state or federal courts sitting in
Mecklenburg County, North Carolina. 
 (c) Electronic Delivery and Acknowledgement. The Participant acknowledges and agrees that the
Company may, in its discretion, deliver documents related to the Restricted Stock and participation in the Plan (including, without limitation, this Restricted Stock Agreement, Plan documents and disclosures that may be required by the Securities
and Exchange Commission) by electronic means, including through an on-line or electronic system (including by posting them on a website) established and maintained by the Company or a third party designated by the Company, and the Participant
consents to receive documents in such manner. Regardless of whether the Company delivers and permits or requires acceptance of this Restricted Stock Agreement electronically, the Participant agrees to be bound by all terms and provisions of this
Restricted Stock Agreement and the Plan. 
 (d) Severability. The invalidity or unenforceability of any particular provision
of this Restricted Stock Agreement shall not affect the other provisions hereof, and the Committee may elect in its discretion to construe such invalid or unenforceable provision in a manner which conforms to applicable law or as if such provision
was omitted. 
 IN WITNESS WHEREOF, the parties hereto have executed this Restricted Stock Agreement effective as of the day and year first
written above. 

  
 7 

							
	SONIC AUTOMOTIVE, INC.	 		 	PARTICIPANT: <NAME>
				
	By:	 	  
	 		 	  

				
	Title:	 	  
	 		 	

  
 8

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