Document:

Exhibit 10.10

                FUNDING AND SHARE REPURCHASE AGREEMENT

THIS AGREEMENT ("Agreement") is made and entered into as of the 11th
day of July, 2005, by and between UniPro Financial Services, Inc.,
("UniPro", the "Purchaser") a validly existing Florida corporation,
and Harvey Judkowitz, Paul M. Galant, Mary McGuire and Suouconni
Corporation, the control shareholders ("Sellers") of UniPro.

WHEREAS, the Purchaser desires to purchase and the Sellers desire to
sell a total of two million Eight Hundred Thousand (2,800,000)
unregistered shares of UniPro's $0.001 par value Common Stock
previously issued and presently outstanding; and

THEREFORE, THE PARTIES AGREE AS FOLLOWS:

ARTICLE 1.   Sale and Purchase.
Section 1.1 Sale and Transfer of Assets. Sellers hereby agree to
sell, convey, transfer, assign and deliver to Purchaser and
Purchaser hereby agrees to purchase as herein provided, all of the
title, rights and interests of the Sellers in Two Million Eight
Hundred Thousand (2,800,000) unregistered shares of $0.001 par value
common stock previously issued by UniPro Financial Services, Inc.,
the "Common Shares".

Section 1.2   Purchase Price. The purchase price payable by the
Purchaser in consideration for the described Common Shares shall be
the aggregate sum of $150,000, payable as follows: On the execution
of this Agreement, the sum of $25,000 shall be paid as a non-
refundable deposit to assure future performance hereunder (funds
shall be wired or made payable to UniPro Financial Services, Inc.,
at the direction of Paul M. Galant) and shall be considered a
"break-up fee" or liquidated damages, in the event Purchaser fails
to close.
	1.2-1 On Closing of the contemplated transaction, the
additional sum of $125,000 shall be due and payable to the Sellers.
	1.2-2 The parties acknowledge that as additional consideration,
all of the Capital Shares of UPHoldings, Inc. (presently a
subsidiary of UniPro) shall be transferred to the Control
Shareholder's contemporaneously with the Closing of this Agreement.

Section 1.3 No Assumption of Liabilities. The Sellers acknowledges
that there shall be no known encumbrances, claims or obligations of
record, pending or otherwise on said shares, which were fully paid
on issuance, at the Closing of the aforementioned transaction, and
shall hold the Purchaser harmless from any all future claims or
encumbrances, whether known or unknown at the time of Closing. This
provision shall survive the Closing.

Section 1.4 Related Transaction. As a condition precedent to the
terms and obligations hereunder, the parties hereto agree that in a
contemporaneous transaction, UniPro is acquiring Assets from Global
Technology Resource Corporation in exchange for 4,000,000 shares of
UniPro's $0.001 par value common stock, and that such issuance in
combination with the shares being repurchased pursuant to this
Agreement shall result in a change of control of UniPro, and the
simultaneous election to the board of directors of the holders, or
their representatives, of the aforesaid shares; and the simultaneous
resignation of the present directors and officers.
1.4-1 It is acknowledged by the parties of the Related
Transaction and their representatives, that funding for the
acquisition of the shares as described heretofore in Section 1.1
shall be provided to UniPro by the new control shareholders and
their representatives.

ARTICLE 2.   Representations and Warranties of Seller and Purchaser.
Section 2.1   Representations and Warranties of Seller.  Seller
hereby represents and warrants to Purchaser as follows:
(a) Authority. Sellers have the legal power and authority to enter
into and perform this Agreement and the transactions contemplated by
this Agreement. The execution, delivery and performance of this
Agreement by Sellers and the transactions contemplated by this
Agreement have been duly and validly approved and authorized by all

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necessary corporate and shareholder action of Seller Suouconni
Corporation.
(b) Title to Asset. Sellers have good and marketable title to the
Common Shares conveyed hereunder.
(c) Actions Pending. There are no actions, suits or proceedings
pending or, to the knowledge of Sellers, threatened against or
affecting the Common Shares at law or in equity, or before any
governmental or public office, agency or authority which involves
the possibility of any liability or which may result in any adverse
change of ownership.
(d) Brokers. The parties acknowledge that there was no broker or
finder who brought about the subject transaction. Each party agrees
to indemnify and save harmless the other in the event of a third
party claim.
(e) Absence of Conflicts and Consent Requirements. Sellers execution
and delivery of this Agreement and performance of its obligations
hereunder, including the sale of the Purchased Asset hereunder, do
not (i) conflict with or violate Seller Suouconni's Articles of
Incorporation or Bylaws, (ii) violate or, alone or with notice or
the passage of time, result in the material breach or termination
of, or otherwise give any contracting party the tight to terminate
or declare a default under, the terms of any written agreement to
which Sellers are a party or by which its properties or assets may
be bound; or (iii) violate any judgment, order, decree, or to the
knowledge of Sellers, any law, statute, regulation or other judicial
or governmental restriction to which Sellers are subject.

Section 2.2    Representations and Warranties of Purchaser.
Purchaser hereby represents and warrants to Seller as follows:
(a) Due Organization.  Purchaser is a corporation duly organized,
existing and in good standing under the laws of the State of
Florida.
(b) Authority. Purchaser has the legal power and authority to enter
into and perform this Agreement and the transaction contemplated by
this Agreement. The execution, delivery and performance of this
Agreement by Purchaser and the transactions contemplated by this
Agreement have been duly and validly approved and authorized by all
necessary corporate action of Purchaser. Neither the execution and
delivery by the Purchaser of this Agreement, nor the consummation of
the transactions contemplated hereby, not compliance by Purchaser
with any of the provisions hereof will:  i) conflict with or result
in a breach of any provision of the Articles of Incorporation or
Bylaws of Purchaser, or (ii) violate any order, writ, injunction,
decree, statute, rule or regulation applicable to Purchaser or any
of its properties or assets.
(c) Brokers.  All negotiations relative to this Agreement and the
transactions contemplated hereby have been carried on by Purchaser
in such a manner as not to give rise, as the result of any action of
Purchaser, to any valid claim against the Seller for a brokerage
commission, finders fee or other like payment.

ARTICLE 3.    Closing.
Section 3.1 Closing Date.  The closing for the consummation of the
transactions contemplated by this Agreement (the Closing) shall be
held at such time and place as the parties shall hereafter agree,
but no later than July 31, 2005, or by contemporaneous delivery by
the respective party to the other of signed documents, as may be
required.

Section 3.2 Obligations of Sellers.
(a) Upon the receipt of the final payment due hereunder the Sellers
shall deliver to Purchaser, share certificates from each of the
Sellers aggregating 2,800,000 of the outstanding UniPro Common
Shares in negotiable form (duly executed stock powers or
assignments, with medallion signature guarantees, and other good and
sufficient instruments of conveyance and transfer as may be
reasonably requested by Purchaser in form satisfactory to Purchaser
and its counsel, as shall be effective to vest, in accordance with
the terms of this Agreement, all rights, title and interest in and
to the demised Common Shares and other rights contemplated by this
Agreement.
(b) Copies certified by the Secretary or Assistant Secretary of
Seller - Suouconni, of the approval by its Board of Directors
authorizing the execution, delivery and performance of this
Agreement and all other agreements, documents and instruments
relating hereto and the consummation of the transactions
contemplated hereby.

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ARTICLE 4.   Covenants of Sellers.  Sellers agree and covenant with
Purchaser as follows:
Section 4.1. Accuracy of Representations and Warranties. Sellers
shall not take any action, which would render any representation or
warranty made herein by Sellers untrue in any material respect as of
the Closing Date.

Section 4.2 Notice of Breach or Failure of Condition. Sellers will
give notice promptly to Purchaser of the occurrence of any event or
the failure of any event to occur that would preclude the
satisfaction of any condition contained herein.

Section 4.3 Further Assurances.  Sellers shall promptly execute and
deliver such instruments and take such actions as Purchaser
reasonably may request in order to effect the transactions
contemplated by this Agreement and to satisfy each of the conditions
set forth in Article 6 of this Agreement.

Section 4.4 Full Efforts of Sellers to Obtain Consents. Sellers
shall use their full efforts to obtain promptly all consents and
authorizations of third parties, to make all filings, and to give
all notices to third parties which may be necessary and reasonably
required in order to effect, or in connection with, the transactions
contemplated by this Agreement.

ARTICLE 5.   Covenants of Purchaser and Sellers.
Section 5.1 Publicity. Purchaser and Sellers agree to maintain in
confidence information concerning this Agreement and the
transactions contemplated by this Agreement. The parties shall
consult with each other prior to any public announcements or
disclosures required by law to be made with respect to the
transactions contemplated by this Agreement, and no other
announcements will be made without mutual consent of the parties.

Section 5.2 Full Efforts.  Purchaser and Sellers will use their full
efforts to perform or cause to be satisfied each covenant or
condition to be performed or satisfied by them.

Section 5.3 Governmental and other Filings. Sellers and Purchaser
agree to cooperate with each other in filing any necessary
applications, reports or other documents with any Federal; or State
authorities having jurisdiction with respect to the transactions
contemplated by this Agreement and in seeking necessary consultation
with and favorable action by any such agencies, authorities or
bodies.

Section 5.4 Cooperation After Closing. After the Closing Date,
Purchaser and Seller shall whenever and as often as shall be
reasonably required by the other, execute, acknowledge and deliver,
or cause to be executed, acknowledged and delivered, any and all
further instruments as may be necessary or expedient to consummate
the transactions provided for in this Agreement.

ARTICLE 6.    Conditions to Sale.
Section 6.1 Conditions Precedent to Obligations of Purchaser.  All
obligations of Purchaser under this Agreement are, at the option of
Purchaser, subject to and shall be conditioned upon the satisfaction
on or prior to the Closing Date, of each of the following additional
conditions:
(a) Representations, Warranties and Agreements of Sellers. Except
for changes contemplated by this Agreement and changes occurring in
the ordinary course of business, the representations, warranties and
agreements made by Sellers herein shall be true in all material
respects on an as of the Closing Date with the same effect as though
such representations and warranties had been made or given on and as
of the Closing Date.
(b) Necessary Approvals: Regulatory Authorizations. All
authorizations and approvals of any third parties, including Federal
or State regulatory bodies and officials, necessary, in the
reasonable opinion of Purchaser, for the consummation of the
transactions contemplated by this Agreement, and the continuation in
all material respects of the business without interruption after the
Closing Date in substantially the manner in which such business is
now conducted, shall have been received and shall be in full force
and effect.
(c) Corporate Authorization. All resolutions and actions necessary
to authorize the execution, delivery and performance of this
Agreement and the consummation of the transactions contemplated
hereby by Sellers shall have been duly and validly made and taken,

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and Sellers shall have full power and right to consummate the
transactions contemplated hereby.
(d) Payment of Transfer Taxes. The Sellers shall have paid or made
provision for payment of all transfer taxes sales taxes or other
similar taxes, which become due by reason of the transactions herein
provided, if any.

Section 6.2 Conditions Precedent to Obligations of Sellers. All
obligations of Sellers under this Agreement are subject to and shall
be conditioned upon the satisfaction prior to the Closing Date, of
each of the following conditions:
(a) Representations, Warranties and Agreements of Purchaser. The
representations, warranties and agreements made by Purchaser herein
shall be true in all material respects on and as of the Closing Date
with the same effect as though such representations and warranties
had been made or given on and as of the Closing Date with the same
effect as though such representations and warranties had been made
or given on and as of the Closing Date, except as affected by
transactions contemplated hereby. Purchaser shall have performed in
all material respects the obligations, agreements and covenants
undertaken herein to be performed at or prior to the Closing Date.
(b) Corporate Authorization. All resolutions and actions necessary
to authorize the execution, delivery and performance of this
Agreement and the consummation of the transactions contemplated
hereby by Purchaser shall have been duly and validly made and taken,
and Purchaser shall have full power and right to consummate the
transactions contemplated hereby.
(c) The successor directors and officers to the present directors
and officers shall abide by the terms and conditions of this
Agreement.

ARTICLE 7.   Termination.
Section 7.1 Terminations by Mutual Consent. At any time on or prior
to the Closing Date, this Agreement may be terminated by the mutual
consent of Purchaser and Sellers without liability on the part of
any party other than the "break-up fee described in Section 1.2
hereinabove. In the event of the termination of this Agreement by
mutual consent, this Agreement shall become void and have no effect.

Section 7.2 Terminations Upon Breach or Default.  At any time on or
prior to the Closing Date, if a material default shall be made by a
party in the observance or in the due and timely performance of the
covenants herein contained, or if there shall have been a material
breach by a party of any of the representations and warranties set
forth in this Agreement, Purchaser or Seller, as the case may be,
may terminate this Agreement without prejudice to its other rights
and remedies, including such party's right to recover its expenses,
costs, and other damages.

Section 7.3 Termination Based Upon Conditions. If the conditions of
this Agreement to be complied with or performed by a party on or
before the Closing Date shall not have been complied with and such
noncompliance or nonperformance shall not have been waived, the
party to whom the benefit of such condition runs may terminate this
Agreement without prejudice to its other rights and remedies,
including such party's right to recover its expenses, costs and
other damages.

ARTICLE 8. Performance.
Section 8.1 Guarantee of Performance.  The new control persons,
directors and officers of UniPro upon the simultaneous closing of
both this Agreement and the Related Transaction as more fully
described in Section 1.4 hereinabove, shall undertake to comply with
the provisions hereof. They shall use their full efforts to assure
that the Purchaser shall not default in any respect to payment in
full of the Purchase Price. Further, that prior to the completion of
such payment, acting in their capacities at that time as control
shareholders, directors and officers, they specifically agree to
refrain from causing the Purchaser to issue any shares to
themselves, their assigns or representatives, in addition to those
shares they shall receive from the contemporaneous related
transaction.

Section 8.2 Specific Performance. The parties acknowledge that the
Common Shares represent a significant portion of the issued and
outstanding shares of UniPro, and as such if either party fails to
consummate the transactions contemplated by this Agreement, such
failure will cause irreparable harm to the other party, for which

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there will be no adequate remedy at law. Either party in such
circumstances shall be entitled, in addition to other remedies at
law, to specific performance of this Agreement in the absence of
just cause for a default in performance.

Section 8.3 Liquidated damages - Breach of Purchaser's Performance.
In addition to any remedy herein provided, in the event that the
Purchaser does not complete payment of the Purchase Price in full as
required herein, all payments made to date shall be retained by
Sellers as liquidated damages to compensate Sellers for their costs
and expenses in seeking legal enforcement hereof.

Section 9. Miscellaneous.
Section 9.1 Amendment. This agreement may be amended, modified or
supplemented in whole or in part only by an instrument in writing
executed by both Purchaser and Sellers.

Section 9.2 Assignment. The parties agree that neither this
Agreement nor any rights created hereby shall be assignable by any
party without the prior written consent of the other party.

Section 9.3 Counterparts. This Agreement may be executed in any
number of counterparts, all of which taken together shall be
considered the original instrument.

Section 9.4 Expenses.  Sellers and Purchaser shall each bear the
respective expenses incurred by them in connection with the
negotiation, execution and delivery of this Agreement and the
consummation of he transactions contemplated hereby.

Section 9.5 Sellers' Representative. By executing this Agreement,
the undersigned Sellers jointly and severally authorize Paul M.
Galant to be their agent for the delivery of the Common Shares, and
their collection agent for the proceeds of the contemplated sale
thereof. And unless otherwise notified in writing by one or more of
the Sellers, the Purchaser may fully rely on this authorization in
delivering each payment of the Purchase Price as said agent may
direct.

Section 9.6 Entire Agreement. This Agreement contains the entire
agreement between Purchaser and Seller with respect to the sale of
the Common Shares and supersedes all prior arrangements or
understandings, if any, with respect thereto.

Section 9.7 Descriptive Headings. The description headings are for
convenience of reference only and shall not control or affect the
meaning or construction of any provision of this Agreement.

Section 9.8 Notices. All notices or other communications that are
required or permitted hereunder shall be in writing and sufficient
if delivered personally or sent by registered or certified mail,
postage prepaid, addressed to the respective party at the address
provided, or delivered by electronic facsimile or Internet email,
with proof of delivery, to the appropriate numbers or email
addresses as may be provided by the parties.

Section 9.9 Survival of Covenants, Representations, Warranties and
Indemnifications. All covenants, representations and warranties made
by any party to this Agreement shall be deemed made for the purpose
of inducing the other parties to enter into this Agreement. The
representations, warranties and covenants contained in this
Agreement shall, except as otherwise provided in this Agreement,
survive the Closing indefinitely. The covenants, presentations and
warranties of both Seller and Purchaser are made only to and for the
benefit of the other party to this Agreement and shall not create or
vest rights in other persons. All provisions herein requiring future
performance shall survive the Closing.

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Section 9.10 Facsimile Signatures. One or more parties hereto may
execute this Agreement by delivery of a signed document through
electronic facsimile transmission.

Section 9.11 Controlling Law. This Agreement shall be governed by
and be construed in accordance with the laws of Florida.

Section 9.12 Closing Date. Notwithstanding any provision herein to
the contrary, the parties contemplate that the Closing Date shall be
mutually determined and will be on or before July 31, 2005, unless
otherwise agreed upon in writing.

IN WITNESS WHEREOF, the parties have caused this Funding and Share
Repurchase Agreement, consisting of 6 pages, including this
Signature Page, to be executed by their authorized officers and the
guarantors on or as of the date stated above.

Purchaser:
----------

UniPro Financial Services, Inc. 		ATTEST:
-------------------------------

By:   /s/Harvey Judkowitz              By:   /s/ Paul M. Galant
   ----------------------------           --------------------------
    Harvey Judkowitz, President            Paul Galant, Secretary

Corporate Seller:                      Individual Sellers:
-----------------                      -------------------

Suouconni Corporation
---------------------

By:  /s/ Lance Galant                     /s/ Harvey Judkowitz
   ----------------------------        ---------------------------
      Lance Galant, President             Harvey Judkowitz

                                         /s/ Paul M. Galant
                                       ---------------------------
                                         Paul M. Galant

                                         /s/ Mary F. McGuire
                                       ---------------------------
                                         Mary F. McGuire

Approved and Agreed to for:
Global Technology Resource Holdings Corporation
-----------------------------------------------

By: /s/ Charles Greenberg
   ---------------------------------
    Charles Greenberg, President

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<PAGE>exv10w1

 

Exhibit 10.1

CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND FILED SEPARATELY PURSUANT TO A REQUEST
FOR CONFIDENTIAL TREATMENT. THE SYMBOL “****” HAS BEEN INSERTED IN PLACE OF THE PORTIONS SO
OMITTED.

MASTER SUPPLY AND ADVERTISING AGREEMENT

This Agreement (“Agreement”) is made this 5th day of July, 2005, by and among Ford Motor
Company, a Delaware corporation (“Ford”), and The Hertz Corporation, a Delaware corporation
(“Hertz”), and Hertz General Interest, LLC, a Delaware limited liability company (“Entity”).

WHEREAS, the purpose of this Agreement is to set forth the terms and conditions under which Ford
will provide and Hertz will acquire Ford Vehicles for use in or in support of businesses conducted
by Hertz at various locations in the United States, and for Hertz to advertise Ford Vehicles in the
United States and for Ford to provide a portion of the funds for Advertising Programs.

Ford and Hertz agree as follows:

1. Term of Agreement. This Agreement shall be effective for the period beginning as of the
date first written above and ending on August 31, 2010. Either party wishing to renew this
Agreement must give written notice to the other party by June 1, 2010. This Agreement may, upon
written agreement of the parties entered prior to August 31, 2010, be renewed for an additional
five year term.

2. Definitions. The terms set forth below shall have the following meanings:

Acquire — to obtain, by purchase or lease, Ford Vehicles for use in or in support of
operations at Hertz locations.

Acquisition — the act of Acquiring Vehicles.

Acquisition Year — each period of 12 months from and including September 1 to and
including the next following August 31 during the term of this Agreement. Each such Acquisition
Year shall be referred to by the calendar year next following the commencement of the Acquisition
Year. For example, the 2005 Acquisition Year shall commence on September 1, 2004, and end on August
31, 2005. Acquisition Year may also be referred to as “Model Year”. “Advertising Year” shall refer
to the same time period.

Advertising Programs — Programs carried out by Hertz in the United States, subject to the
terms and conditions of this Agreement, that feature Ford Vehicles and promote the rental thereof.

Annual Acquisition Plan — a written plan for Acquisitions by Hertz of Ford Vehicles for an
Acquisition Year (see Section 4.1).

Base Annual Volume — defined in Section 5.2.

 

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Confidential Material — defined in Section 27.

Control — “control” (including “controlling,” “controlled by,” and “under common control
with”) shall mean the possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of a corporation or other legal entity, whether through
the ownership of voting securities, by contract, or otherwise.

Eligible Advertising — defined in Section 13.

Ford Dealer — an independent entity in the United States authorized by Ford to sell new
Ford Vehicles under one or more dealer sales and service agreements.

Ford Fleet Programs — price incentives, guaranteed resale or repurchase incentives or
similar programs offered by Ford to purchasers of Ford Vehicles for daily rental service in the
United States.

Ford Vehicles — any new and previously unregistered Vehicles bearing the marks “Ford”,
“Mercury” or “Lincoln” as from time to time are offered for sale by Ford in the United States to
Ford Dealers for resale.

Hertz Licensee — an independent person or entity that is authorized by Hertz to conduct a
daily motor vehicle rental business in the United States under the Hertz trademark.

Minimum Annual Volume — defined in Section 5.2.

Program Letter — the document reflecting the specific arrangements agreed by Hertz and
Ford for Ford Fleet Programs to meet the specific needs of the parties for each Acquisition Year.
The Program Letter will be subject to the terms and conditions of this Agreement.

Vehicle — any new and unused passenger car, van or truck.

[Supply Provisions]

3. Ford’s Fleet Programs. Ford will offer to Hertz, as soon as practicable prior to the
commencement of the Acquisition Year, the Ford Fleet Programs then being offered to other daily
rental companies for the upcoming Acquisition Year. Ford reserves the right in its sole discretion
to terminate, discontinue, amend, supplement, or modify any such Ford Fleet Programs at any time
and without cause, provided that any such action will be discussed in advance with Hertz, in
meetings attended by persons with decision-making authority, to attempt in good faith to resolve
any disagreement. After consultation between Ford and Hertz, the parties will annually execute a
Program Letter incorporating the detailed terms of the Ford Fleet Program and modifications thereto
for the coming Acquisition Year; changes to Ford Fleet Programs will not affect the terms of the
Program Letter specifically negotiated with Hertz.

4. Annual Acquisition Plan.

4.1 On or before July 1 of each Acquisition Year, Hertz shall prepare and submit to Ford a plan for
Acquisitions by Hertz of Ford Vehicles for the following Acquisition Year (the “Annual

 

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Acquisition
Plan”) which must be agreed to by Ford. The Annual Acquisition Plan shall specify the total volume,
by model, for Acquisitions of Ford Vehicles. In order for Hertz to prepare the Annual Acquisition
Plan, not later than June 1 of each Acquisition Year Ford will provide Hertz with the volume and
mix of Ford Vehicles likely to be made available for Acquisition for the upcoming Acquisition Year.

4.2 Each month Hertz shall prepare and submit to Ford during the last week of the month a revision
of the Annual Acquisition Plan showing the detail of Acquisitions of Ford Vehicles by Hertz by
month and by vehicle line. Each revision will show a firm plan for Acquisitions of Ford Vehicles by
month and by vehicle line for the next three months and, effective with the September submission,
an estimate of Acquisitions for the remainder of the Acquisition Year. Hertz will also provide Ford
a schedule of repurchase program vehicle returns, by month and geographic area, for Ford Vehicles
anticipated to be returned in the current month and the following two months.

4.3 The mix of Ford Vehicles to be Acquired will be recorded in the Program Letter for an
Acquisition Year. Ford will use reasonable efforts to achieve the agreed mix, and Hertz recognizes
that changes to mix shall be changes determined necessary by Ford to accommodate changes to the
Ford Vehicle production plans or Ford Vehicle option content. Hertz agrees that it will request
Ford Dealers to submit orders on a timely basis in order for Ford to schedule production of Ford
Vehicles prior to December 31 of an Acquisition Year accounting for at least 30% of the total Ford
Vehicles to be Acquired in that Acquisition Year.

5. Annual Supply Program.

5.1 Ford will develop fleet offerings for use in the daily rental business that shall be generally
competitive with those similar offerings by other automotive manufacturers, as to terms and
conditions. Hertz, in its discretion, may enter into vehicle supply agreements with other
automotive manufacturers or brands in the United States and in other countries.

5.2 Ford agrees to provide for Acquisition by Hertz a planned volume of at least **** Ford Vehicles
for the 2005 Acquisition Year, **** Ford Vehicles for the 2006 Acquisition Year, **** Ford Vehicles
for the 2007 Acquisition Year, **** Ford Vehicles for each of the 2008 and 2009 Acquisition Years,
and **** Ford Vehicles for the 2010 Acquisition Year (“Base Annual Volume” for the applicable
Acquisition Year). Failure to achieve total Acquisitions of **** Ford Vehicles for any Acquisition
Year (“Minimum Annual Volume”) will be a material breach by Hertz of this Agreement; provided,
however, that if such failure results from the failure of Ford to offer at least **** Ford Vehicles
for Acquisition pursuant to the terms of this Agreement such failure will not be considered a
material breach and may be subject to the provisions of Section 29. A minimum of 50% Ford Vehicles Acquired in each Acquisition Year shall be non-risk Vehicles
(repurchase).

5.3 Within 15 days after the end of an Acquisition Year, Hertz shall cause its officer most
familiar with the fleet programs offered by Ford and other manufacturers and its Chief Financial
Officer to furnish to Ford a certification that the Ford Fleet Programs provided to Hertz are
reasonably necessary for Ford to be competitive with programs offered by other manufacturers to
Hertz, or reasonably available to Hertz.

 

4

5.4 Anything in this Agreement to the contrary notwithstanding, the parties acknowledge that the
only entities authorized to purchase Ford Vehicles pursuant to the terms of this Agreement are
Hertz and Entity, and the only entities that will purchase Ford Vehicles pursuant to the terms of
this Agreement are Hertz and Entity. Hertz shall have the right to substitute or designate another
entity or entities controlled by Hertz as the Entity.

6. Ford Vehicle Allocation.

6.1 In consideration of the obligations undertaken by Hertz, Ford shall cooperate with Ford Dealers
with which Hertz negotiates the Acquisition of Ford Vehicles (consistent with the sales and service
agreements between Ford and Ford Dealers) to make reasonable allocations of Ford Vehicles available
for resale to Hertz, giving due consideration to the provisions of the applicable Program Letter.
Subject to any reduced allocation described in Section 6.2 or disruption described in Section 6.3,
such reasonable allocation of Ford Vehicles in any Acquisition Year shall not be fewer than the
number of Ford Vehicles Hertz has agreed to acquire in the applicable Program Letter in a
reasonable mix.

6.2 Ford may allocate fewer than the applicable Base Annual Volume of Ford Vehicles in an
Acquisition Year, it being understood that Ford is subject to concurrent commitments to provide
Ford Vehicles to Ford Dealers for other purposes, including demand for Ford Vehicles for retail
sales. In the event Ford determines such commitments cannot be satisfied from existing Ford Vehicle
production capacity, Ford shall have the right to allocate available Ford Vehicle production to
balance those commitments in the manner it deems most appropriate in its business judgment. In
these circumstances, Ford will use reasonable efforts to allocate to Hertz the maximum number of
Ford Vehicles in short supply.

6.3 If, because of (a) shortage or curtailment of material, labor, transportation, or utility
service; (b) any labor, product or production difficulty; (c) any governmental action; or (d) any
cause beyond the reasonable control of Ford, Ford Vehicle production is disrupted and material
numbers of Ford Vehicles to be Acquired by Hertz are delayed as a result, then Hertz and Ford shall
negotiate in good faith to revise the affected Annual Acquisition Plan or Plans and Program Letters
so that the applicable Minimum Annual Volume of Ford Vehicles can be Acquired.

7. Hertz Certificates on Acquisitions. As soon as practicable after each Acquisition Year,
but not later than November 30 after such Acquisition Year, Hertz shall deliver to Ford a
certificate signed by the officer of Hertz most familiar with Acquisitions of Ford Vehicles and its Chief Accounting Officer certifying for such
Acquisition Year total Ford Vehicle Acquisitions by Hertz and Hertz Licensees, separately stated if
available. Hertz will continue a Vehicle reporting system with respect to Ford Vehicles providing
at least the same information on Ford Vehicles provided by the system in operation upon the
execution of this Agreement. Ford may periodically examine such reporting data on reasonable
request and notice to Hertz as provided in Section 23.

8. Hertz Purchase Decision.

8.1 In the event Hertz shall Acquire fewer than the Minimum Annual Volume of Ford Vehicles in any
Acquisition Year, and the failure is not attributable to the conditions described in

 

5

Sections 6.2
or 6.3, Hertz recognizes that Ford may be harmed by the consequent loss of profit, production and
exposure of Ford Vehicles to rental customers of Hertz who are potential purchasers of Ford
Vehicles, and that the damages to Ford would be difficult to ascertain. Accordingly, Hertz agrees
to pay Ford liquidated damages of **** per vehicle for any shortfall below the Minimum Annual
Volume of Ford Vehicles Acquired by Hertz in any Acquisition Year; provided, however, no payment
will be made if the shortfall is attributable to the conditions described in Sections 6.2 or 6.3 or
to an agreement in the applicable Program Letter for Acquisitions below the Minimum Annual Volume.
Such payment shall be in lieu of all other rights and remedies.

8.2 Such liquidated damages shall be paid 15 days after the delivery of the officer’s certificate
required by Section 7 of this Agreement. Upon prior written notice to Hertz, Ford may offset the
amount of any such damages against any payments then due or thereafter becoming due from Ford to
Hertz subject to the provisions of Section 24, without limiting any right or remedy Ford may have
to collect such liquidated damages from Hertz.

9. Option Allocation Agreements. Hertz agrees that so long as it purchases Ford Vehicles
that are subject to Ford’s Daily Rental Repurchase Program (one of the Fleet Programs referenced in
Paragraph 3 of this Agreement), Hertz will enter into an Option Allocation Agreement in which the
amount allocated to the repurchase option shall equal the value, reasonably determined by Ford, of
such option. Each such agreement will provide that the parties will reflect the allocations set
forth therein in all federal, state and local income tax returns.

[Advertising Provisions]

10. Advertising Program. The Advertising Program will be conducted in the United States of
America and will be conducted in such media or manner as Hertz may select, provided that not more
than 10% of the expense of the program per Advertising Year will be in purely local advertising and
not more than 15% of the expense of the program per Advertising Year will be in collateral
material, such as direct mail literature, primarily associated with the Hertz # 1 Club Gold and
related programs. Hertz will have sole discretion and control over all copy, art work, editorial
matter, media and release dates for Eligible Advertising. Hertz, in its discretion, may enter into vehicle
advertising agreements with other automotive manufacturers or brands in the United States and in
other countries.

10A. Hertz Licensee Program.

10A.1 Hertz agrees that in each Advertising Year it will develop a program to promote the
Acquisition of Ford Vehicles by Hertz Licensees (“Licensee Acquisitions”) for rental use in the
daily motor vehicle rental business in the United States. Ford acknowledges that Hertz does not
control the selection of Vehicles Hertz Licensees Acquire for their rental fleets.

10A.2 Hertz will include Licensee Acquisitions in the applicable Annual Acquisition Plan. The
Licensee program will be reviewed with Ford prior to each Acquisition Year and any concerns
expressed by Ford will be considered by Hertz prior to implementation. The Licensee program will
permit Hertz Licensees the opportunity to Acquire Ford Vehicles on terms that will allow them to
derive substantially the same benefit as agreed to between Ford and Hertz in the

 

6

applicable Program
Letter (allowing for any variations agreed to between Hertz and Hertz Licensees). Hertz will be
responsible for coordinating Licensee Acquisitions with Ford, including forecasting Acquisitions,
communications and certain payments to Hertz Licensees.

11. Advertising Payment.

11.1 Subject to Section 11.2, Ford will pay one-half of the costs of the Advertising Programs to
the extent that it is considered Eligible Advertising under Section 13.

     (a) Ford’s base advertising payment will be **** in the Advertising Year ending on August 31,
2005 (the “2005 Advertising Year”). However, the parties recognize that the quarterly payments for
the 2005 Advertising Year were calculated and paid by Ford in an amount provided in the prior
agreement between Ford and Hertz System, Inc.; the total payments to Hertz for the 2005 Advertising
Year will be adjusted so that the amount paid is that specified in this Section 11 and Section 12
of this Agreement.

     (b) For each of the Advertising Years indicated below, Ford’s base advertising payment (“the
Base Advertising Payment”) shall be an amount calculated as follows:

	 	(1)	 	for the 2006 Advertising Year, an amount equal to **** multiplied by: (i) a
fraction, the numerator of which is the CPI for April 2005 and the denominator of which
shall be the CPI for April 2004, or (ii) ****, whichever is smaller;
	 
	 	(2)	 	for the 2007 Advertising Year, an amount equal to the 2006 Base Advertising
Payment multiplied by: (i) a fraction, the numerator of which is the CPI for April 2006
and the denominator of which shall be the CPI for April 2005, or (ii) ****, whichever
is smaller;
	 
	 	(3)	 	for the 2008 Advertising Year, an amount equal to the 2007 Base Advertising
Payment multiplied by: (i) a fraction, the numerator of which is the CPI for April 2007 and the denominator of which shall be the CPI for April 2006, or (ii) ****,
whichever is smaller;
	 
	 	(4)	 	for the 2009 Advertising Year, an amount equal to the 2008 Base Advertising
Payment multiplied by: (i) a fraction, the numerator of which is the CPI for April 2008
and the denominator of which shall be the CPI for April 2007, or (ii) ****, whichever
is smaller;
	 
	 	(5)	 	for the 2010 Advertising Year, an amount equal to the 2009 Base Advertising
Payment multiplied by: (i) a fraction, the numerator of which is the CPI for April 2009
and the denominator of which shall be the CPI for April 2008, or (ii) ****, whichever
is smaller.

As used herein, “CPI” means the United States Department of Labor’s Bureau of Labor Statistics
Revised Consumer Price Index for All Urban Consumers, or the successor of such Index. The costs of
the Advertising Programs shall include Hertz’s direct costs, including costs of materials, of
preparing and distributing Hertz charge cards or Hertz-sponsored credit cards and related materials
(but not other costs of Hertz’s charge card department), of preparing and distributing

 

7

direct mail
advertising material (advertising which is contemplated by this Agreement), and of administering
the Hertz advertising department.

11.2 In each Advertising Year covered by this Agreement, the advertising payment to Hertz will be
the Base Advertising Payment for the applicable Advertising Year, adjusted as provided in Section
12 of this Agreement, provided that the advertising payments to Hertz do not exceed 50% of the cost
of Eligible Advertising.

12. Value of Advertising Program to Ford. As it is the express purpose and intent of the
Advertising Program (and the payments provided thereunder) to increase the demand for the rental
of, and thereby increase the demand for the purchase by retail buyers of, Ford Vehicles, it is the
understanding and agreement of the parties hereto that, during the 2005, 2006, 2007, 2008, 2009 and
2010 Advertising Years, and subject to the provisions of this Section 12 and Section 8.1, Ford will
not be required to pay Hertz any amounts under Section 11 if the number of Ford Vehicles Acquired
in that Advertising Year is not at least **** Ford Vehicles. Effective September 1, 2005, for the
purposes of this Section 12, the number of Ford Vehicles Acquired means the number of Ford Vehicles
Acquired in an Advertising Year for Hertz’s U.S. corporate fleet and the fleets of independent
businesses or individuals licensed by Hertz for the daily car rental business in the United States
as part of the Hertz System (the “Hertz System Fleet”).

The payments to Hertz under Section 11 for each Advertising Year shall be:

	 	(1)	 	increased by **** for each Ford Vehicle Acquired for the Hertz System Fleet in
excess of **** Ford Vehicles in that Advertising Year, and
	 
	 	(2)	 	reduced by **** for each Ford Vehicle Acquired for the Hertz System Fleet
fewer than **** Ford Vehicles, but at least **** Ford Vehicles, in that Advertising
Year.

13. Eligible Advertising. To be considered Eligible Advertising under the Advertising
Programs, advertising must:

a.     be published, or placed or controlled by Hertz or its affiliates; and

b.     indicate that Hertz features Ford Vehicles or refer only to Ford Vehicles at least once in
a phrase, such as “Hertz rents Fords and other fine cars” (or in a manner with a leadership and
influence value), and with a prominence that is reasonably satisfactory to Ford, and without
mention of any other vehicle manufacturer; and

c.     where feasible, use or contain a pictorial representation of only a Ford Vehicle approved
by Ford, in a manner and with a prominence reasonably satisfactory to Ford; and

d.     not contain any pictorial representation, trade name or endorsement of, or testimonial to,
any vehicle other than a Ford Vehicle, or any reference by name to any vehicle manufacturer other
than Ford , except as Ford may otherwise consent; and

e.     comply with the provisions of Sections 15 and 16 hereof.

 

8

14. Hertz to Place Advertising. Advertising that contains any pictorial representation,
trade name or endorsement of, or testimonial to, a Ford Vehicle, or any reference by name to Ford
or one of its affiliates shall be published, placed, and controlled by Hertz or its affiliates. As
used in this Agreement, Hertz’s “affiliates” consist of its subsidiaries and other controlled
affiliates, and Ford’s “affiliates” exclude Hertz and its affiliates.

     At Ford’s request from time to time and upon not less than ten (10) days’ prior notice to
Hertz, Hertz’s duly authorized officials shall meet with Ford representatives at Hertz’s
headquarters for the purpose of discussing the Advertising Programs, particularly as they relate to
Ford’s name and good will or any of its trade or service marks. Hertz will use any such trade or
service marks only in strict accordance with written authorization received from Ford and will in
good faith, when not inconsistent with Hertz’s objectives, seek to meet Ford’s other requests or
objections. Major changes in Advertising Programs and related strategies will be discussed with
Ford in advance of implementation.

15. No Use of Ford in Script, Etc. Hertz will not use, and will use all reasonable efforts
to prevent the use by any Hertz Licensee, any advertising or promotional materials that contain:
the Ford script-in-oval trademark; the word “Ford” or “Ford Motor Company” in script; or any
statement that is detrimental to Ford or to the good name of Ford, or to any product made or sold
by Ford.

16. Pictures of Ford Vehicles. Ford will furnish to Hertz, from time to time, pictorial
representations of Ford Vehicles and Ford Vehicles for photo shoots for use by Hertz in its
Eligible Advertising. Each pictorial representation of a Ford Vehicle used in Eligible Advertising originally released more than one
month after the public introduction of a new model of such Ford Vehicle will, if practicable, be a
pictorial representation of such new model. Hertz will treat as Confidential Material (as defined
in Section 27) all pictorial representations of Ford Vehicles and all information and data
disclosed by Ford to Hertz hereunder as provided in Section 27.

17. No Copyright Violation. Hertz warrants that no Eligible Advertising or other material
released by Hertz or anyone under its control will contain any reference to Ford or a Ford Vehicle
that, to the best of Hertz’s knowledge, violates the copyright or right of privacy of, or
constitute a libel or slander or actionable derogation of, or violate any legal or equitable right
of, any person or entity; and in all other respects Hertz agrees, in the performance of its
obligations hereunder, to comply with all laws, rules and regulations and other legal requirements
applicable to the performance of such obligations. Hertz agrees to take reasonable steps to ensure
that the Hertz Licensees are aware of these obligations and will abide by them.

18. Indemnities. Hertz will indemnify and hold harmless Ford, its controlled affiliates
and its dealers from and against all claims, damages, liabilities, losses, costs and expenses
(including, without limitation, reasonable attorneys fees) arising out of or connected with any
advertising, promotion or publicity released by Hertz or under Hertz’s control. Ford will indemnify
and hold harmless Hertz, its controlled affiliates and their licensees from and against all claims,
damages, liabilities, losses, costs and expenses (including, without limitation, reasonable
attorneys fees) arising out of or connected with the proper use, pursuant to this Agreement, of any
pictorial representation, information or data furnished by Ford hereunder.

 

9

19. Competitive Rates and Copies. Hertz will use all reasonable efforts to obtain all
Eligible Advertising at competitive rates and charges and will notify Ford in writing of the agency
or agencies handling the same from time to time. Hertz will furnish to Ford, upon request made not
more than twice a year, copies or examples of all Eligible Advertising materials (including,
without limitation, print advertisements, collateral material, mat services, telecommunication
material, and outdoor displays) prepared for Hertz or on Hertz’s behalf and placed by or through
its advertising agencies during the month preceding such request.

20. Terms of Payment. Ford will pay Hertz, toward Ford’s share of the costs of Eligible
Advertising, as provided in Section 11 hereof, on the first business day of each quarter (i.e.,
September 1, December 1, March 1 and June 1) in each Advertising Year during the term hereof,
one-quarter of the amount calculated by adjusting the Base Advertising Payment for the applicable
Advertising Year by the amount provided in Section 12 for the number of Ford Vehicles to be
Acquired by Hertz as specified in the applicable Program Letter.

          a.     In no event will Ford be required hereunder to contribute:

	 	(i)	 	any portion of funds paid by Hertz Licensees
(other than Hertz’s affiliates) for local advertising, or
	 
	 	(ii)	 	any portion of funds used directly or
indirectly for tariffs, directories or rate sheets, to the extent used
to advertise vehicles other than Ford Vehicles, except as Ford may
otherwise consent, and

          b.     As soon as practicable after the end of each quarter of each 12 month period beginning
January 1 and ending December 31 during the term of this Agreement (“Calendar Year”), and as soon
as practicable after the termination of this Agreement, Hertz will deliver to Ford a statement in
reasonable detail for such quarter or for the final period preceding termination, certified by
Hertz’s treasurer, controller, or an assistant treasurer or assistant controller, setting forth the
amount spent or committed by Hertz during said period for Eligible Advertising. Ford may at any
time proportionately reduce any quarterly payment if, during the year, the sum of its quarterly
payments thus far in such year substantially exceeds 50% of the cost thus far for Eligible
Advertising, and may continue such reduction as long as such excess exists.

          c.     As soon as practicable at the end of each Calendar Year prior to the termination hereof,
and in no event later than April 1 of the following Calendar Year, Hertz will deliver to Ford a
statement in reasonable detail for such Calendar Year, certified by its treasurer, controller,
assistant treasurer or assistant controller, setting forth receipts for and expenditures or
commitments made, charged or chargeable to said Calendar Year for Eligible Advertising, and Hertz
will pay to Ford or charge to the next quarterly payment any excess of Ford’s payments in that
Calendar Year over 50% of the total amount expended or committed for Eligible Advertising for such
Calendar Year. For this purpose, Ford’s payments in any Advertising Year will be pro-rated equally
over each month in each Calendar Year as appropriate.

 

10

          d.     Within a reasonable time after any termination of this Agreement, Hertz will deliver to
Ford a statement in reasonable detail, certified by its treasurer, controller, assistant treasurer,
or assistant controller, setting forth its expenditures for Eligible Advertising during the period
between the first day of the Calendar Year in which such termination will have occurred and the
date of such termination, and also setting forth the amount held in its advertising funds or the
advertising funds of its affiliates as of the date of termination of this Agreement, less all
accrued liabilities chargeable thereto, or commitments made as of said date, plus prepaid expenses
which may have been charged to such funds, such as for non-Ford components of spectacular outdoor
displays (which will have been amortized over the shorter of the term of the applicable lease or
five years from the date such display commenced), which will be restored to such funds on a pro
rata basis, plus the amount, if any, by which expenditures are in excess of the limitations agreed
upon for local advertising and collateral material (herein sometimes called “the termination date
balance of such funds”) and Hertz will simultaneously with the delivery of said statement to Ford,
pay the portion of the termination date balance of such funds which Ford has theretofore
contributed, or Ford will pay to the funds any sum so shown to be due, as the case may be.

21. Termination for Advertising Reducing Value of Advertising Program. Except as otherwise specifically provided in this Agreement, if there is published, placed or
paid for by Hertz, anyone under its control, or any of its affiliates, any advertising of any make
of vehicle other than a Ford Vehicle which Ford believes has reduced or may reduce the value to
Ford or its affiliates of the Advertising Programs provided hereunder, Ford will discuss such
advertising with Hertz, in meetings attended by persons with decision making authority, to attempt
in good faith to resolve the matter. Following such discussions, if any such matter is not resolved
to Ford’s satisfaction Ford in its sole discretion may terminate this Agreement as of the end of
any month by giving Hertz at least twenty (20) days prior notice of termination. The publication by
itself of advertising of a make of vehicle other than a Ford Vehicle or a manufacturer other than
Ford does not give rise to Ford’s above right of termination under this Section 21; any such
termination must be based on the overall content of such advertising. However, Ford shall have no
right of termination with respect to advertising published, placed, or paid for by any of Hertz’s
licensees or any licensee of any of its affiliates, unless such advertising is published or placed
with the approval or consent of Hertz or its affiliates.

[General Provisions]

22. Illegality of Agreement.

22.1 If any provision of this Agreement is rendered invalid, illegal or unenforceable by enactment
of a statute or a final decision by a court or governmental agency of competent jurisdiction, the
validity, legality and enforceability of the remaining provisions shall in no way be affected or
impaired, provided that if such action substantially alters the essence of this Agreement, the
parties will meet and confer in an attempt in good faith to negotiate mutually agreeable changes in
this Agreement.

22.2 If, following notice to Hertz and consultation with legal counsel to Hertz, in the opinion of
legal counsel to Ford, the enactment of a statute or a final decision by a court or governmental
agency of competent jurisdiction would likely require Ford to make payments similar to the

 

11

payment
for Eligible Advertising to or for the benefit of Ford Dealers or others, either party may
terminate the provisions of this Agreement relating to the Advertising Programs, effective
immediately upon notice to the other party. Upon such notice, neither party shall have further
obligation to the other under those provisions, except as to obligations that are due and payable
as of the date of partial termination. In addition, Hertz, at its option, may terminate this
Agreement, effective immediately upon notice to Ford, except as to obligations that are due and
payable and the obligation to purchase Ford Vehicles scheduled for production as of the date of
such notice of termination.

23. Right to Audit Hertz Records. Ford shall have the right, during the term of this
Agreement and for a period of twelve months after its termination, through its duly authorized
agents or representatives, to examine, copy and audit all records of Hertz relating to its
obligations under this Agreement at reasonable times and intervals during normal business hours and
upon ten days’ prior written notice in order to verify Hertz’s compliance with such obligations.
Such records will include, without limitation, all documents of Hertz and such Hertz Licensee information as Hertz may have in its custody pertaining
to the Advertising Programs and the Acquisition of Ford Vehicles by Hertz and Hertz Licensees.
Hertz agrees to retain all pertinent records and documents, including journals and ledgers, which
relate in any way to such Acquisition and Advertising Programs for two Model Years prior to the
current Model Year.

24. Right of Offset.

24.1 Immediately upon the failure of Ford, Ford Dealers or Ford Motor Credit Company (and their
successors or assigns) to receive timely payment of amounts owed by Hertz or Entity with respect to
the purchase of Ford Vehicles that, in the aggregate, exceed ****, Ford shall have the following
rights:

     (a) The right to offset against such unpaid amount plus any amounts which Hertz or Entity may
owe to Ford or Ford Dealers, any amounts which Ford may owe to Hertz or Entity for the repurchase
of Ford Vehicles, provided, the foregoing shall in no way affect, modify or limit the obligations
which Ford may owe to the Collateral Agent under a Collateral Agency Agreement among Hertz Vehicle
Financing LLC, Hertz General Interest LLC, The Hertz Corporation, BNY Midwest Trust Company, as a
secured party, not in its individual capacity but solely as Trustee, and BNY Midwest Trust Company,
as Collateral Agent, Dated as of September 18, 2002, as amended; and

     (b) The right to offset against such unpaid amount plus any amounts which Hertz or Entity may
owe to Ford or Ford Dealers, any and all amounts which Ford or it subsidiaries or its affiliates
may owe to Hertz or Entity for any reason, provided, the foregoing shall in no way affect, modify
or limit the obligations which Ford may owe to the Collateral Agent under a Collateral Agency
Agreement among Hertz Vehicle Financing LLC, Hertz General Interest LLC, The Hertz Corporation, BNY
Midwest Trust Company, as a secured party, not in its individual capacity but solely as Trustee,
and BNY Midwest Trust Company, as Collateral Agent, Dated as of September 18, 2002, as amended; and

     (c) The right to terminate shipment of and stop in-transit any Ford Vehicles in the process of
shipment for Acquisition by Hertz.

 

12

24.2 Hertz, on behalf of itself, any entities it controls and any entities providing services to it
relating to the Acquisition or use of Ford Vehicles, agrees that none of them will assert any
interest in any Ford Vehicles adverse to the ownership or security interests of Ford, any Ford
Dealer, or Ford Motor Credit Company prior to the payment in full for the Ford Vehicle. (Ford
agrees that Ford Vehicles titled to Hertz or Entity in the ordinary course of business will not
violate the terms of this Section 24.2, provided that Hertz does not assert that such a title by
itself creates any interest adverse to the ownership or security interests of Ford, any Ford
Dealer, or Ford Motor Credit Company provided for herein.)

24.3 Prior to exercising its rights under this Section 24, Ford will confer with Hertz and discuss
its concerns raised by the failure to receive timely payment of amounts owed and notify Hertz of
actions Ford may take under this Section 24.

25. Entire Agreement. This Agreement contains the entire agreement among the parties and supersedes any prior agreements and understandings, written and oral, between
Hertz and Ford with respect to the subject matter hereof. Furthermore, the parties hereby agree
that: (i) each of the (a) Ford/Hertz Framework Supply Agreement, dated February 20, 1997, and as
amended effective September 1, 2004, between Ford and Hertz, and (b) the Advertising Agreement,
dated February 20, 1997, and as Amended and Restated effective September 1, 2004 between Ford and
Hertz System, Inc. (clause (a) and (b) collectively, the “Terminated Agreements”) are hereby
terminated effective as of the date first above written; (ii) neither Ford nor Hertz shall have any
rights, title or interest in, to and under and will have no obligation or liability, following the
date hereof, arising from or relating to, each of the Terminated Agreements except with respect to
the provisions of paragraph 13 of the Advertising Agreement referred to in clause (i)(b) above and
(iii) each of Ford and Hertz unconditionally releases and discharges each other and their
respective affiliates, officers, directors, employees and representatives (collectively
“Releasees”) from any and all actions, causes of action, suits, debts, dues, sums of money,
controversies, agreements, damages, costs, judgments and demands whatsoever, in law or equity,
which either Ford or Hertz had, now has or hereafter can, shall or may have against any of the
Releasees, whether known or unknown, relating to any period of time based upon, relating to or in
connection with the Terminated Agreements except with respect to the provisions of paragraph 13 of
the Advertising Agreement referred to in clause (i)(b) above. This Agreement may not be changed in
any way except by a writing signed and delivered by the duly authorized representatives of Ford and
Hertz.

26. Notices. Any notice, consent, approval or other communication required or permitted
hereunder shall be in writing, shall be transmitted given by registered or certified United States
Mail or by express mail courier service, and shall be deemed given when deposited in the mail,
postage prepaid and addressed as follows:

(a)     if to Ford:

Ford Motor Company

Regent Court Building

16800 Executive Plaza Drive Dearborn, MI 48126

Attention: Executive Director

          Rental, Lease and Remarketing Operations

with a copy to:

Ford Motor Company

Office of the Secretary

One American Road

Dearborn, Michigan 48126; and

 

13

(b)     if to Hertz or Entity:

The Hertz Corporation

225 Brae Blvd.

Park Ridge, NJ 07656

Attention: Chairman of the Board and Chief Executive Officer

Such addresses may be changed by notice given in like manner.

27. Confidentiality. This Agreement, or any part of the contents hereof, and all records,
statements and matters relating hereto including information obtained or provided by one party to
the other, including information provided pursuant to Sections 16 [advance pictures of vehicles for
advertising] and 23 [right to audit records of Hertz] (collectively “Confidential Material”) shall
be treated as confidential and each of the parties shall take or cause to be taken the same degree
of care in preventing disclosure of the Confidential Material as it does with its own confidential
trade or business information. Further, except as may otherwise be required by law or by subpoena
or civil investigative demand, neither party shall provide the Confidential Material, or any part
thereof, to any other person or legal entity, without the prior written consent of the other, which
consent shall not be withheld unreasonably. In disclosing the Confidential Material to any person
or legal entity, the disclosing party will impose on the receiving party the same degree of
confidentially and care that the parties have undertaken in the first sentence of this Section or,
in the case of Confidential Material supplied to any person or governmental agency pursuant to
subpoena or civil investigative demand, requirement of the Securities and Exchange Commission or
similar request, the disclosing party will seek an appropriate protective order or confidential
treatment, and will use its best efforts to assure that the receiving party or entity returns all
copies of all the Confidential Material that shall have been furnished to it, promptly after the
receiving party or entity shall have completed its required analysis or review of such Confidential
Material.

28. Michigan Law. This Agreement shall in all respects be governed by and be construed in
accordance with the laws of the State of Michigan without giving effect to the principles of
conflicts of laws thereof. Any litigation regarding this Agreement shall be brought only in the
United States District Court in Detroit, Michigan. The parties irrevocably and unconditionally
waive any objection to the laying of venue of any such litigation in that Court, and agree not to
plead or claim that such litigation has been brought in an inconvenient forum. Neither party shall
be liable for any special, incidental, consequential or punitive damages caused by or arising out
of any performance or non-performance of this Agreement.

29. Dispute Resolution. If a dispute arises between the parties relating to this
Agreement, the following procedure shall be implemented before either party pursues other available
remedies

 

14

except that either party may seek injunctive relief from a court where appropriate in
order to maintain the status quo while this procedure is being followed:

     (a) The parties shall hold a meeting promptly, attended by persons with decision-making
authority regarding the dispute, to attempt in good faith to negotiate a resolution of the dispute;
provided, however, that no such meeting shall be deemed to vitiate or reduce the obligations and
liabilities of the parties hereunder or be deemed a waiver by a party hereto of any remedies to
which such party would otherwise be entitled hereunder.

     (b)     If, within 30 days after such meeting, the parties have not succeeded in negotiating a
resolution of the dispute, they agree to submit the dispute to mediation in accordance with the
then-current Model Procedure for Mediation of Business Disputes of the CPR Institute for Dispute
Resolution and to bear equally the costs of the mediation.

     (c) The parties will jointly appoint a mutually acceptable mediator, seeking assistance in
such regard from the CPR Institute for Dispute Resolution if they have been unable to agree upon
such appointment within 20 days from the conclusion of the negotiation period.

     (d)     The parties agree to participate in good faith in the mediation and negotiations related
thereto for a period of 30 days. If the parties are not successful in resolving the dispute through
the mediation, then the parties agree to submit the matter to binding arbitration in accordance
with the CPR Institute for Dispute Resolution Rules for Non-Administered Arbitration of Business
Disputes, by a sole arbitrator.

     (e) Mediation or arbitration shall take place in the City of Dearborn, Michigan or Park
Ridge, New Jersey or such other location agreed to by the parties. The substantive and procedural
law of the State of Michigan shall apply to the proceedings. Equitable remedies shall be available
in any arbitration. Punitive damages shall not be awarded. This clause is subject to the Federal
Arbitration Act, 9 U.S.C.A. § 1 et seq. and judgment upon the award rendered by the Arbitrator, if
any, may be entered by a court as provided in Section 28.

30. Termination.

30.1 Ford and Hertz may terminate this Agreement upon mutual agreement at any time.

30.2 In addition to the right of termination in Section 21, the non-breaching party may terminate
this Agreement if the other party shall materially breach any material representation, warranty,
covenant or obligation contained in this Agreement, and such other party shall fail to cure such
breach, if capable of cure, within 90 days after the date written notice specifying the nature of
such breach is received by it from the non-breaching party (or such longer period of time if
permitted by the non-breaching party in writing).

30.3 A party may terminate this Agreement effective immediately by giving written notice to the
other party in the event the other party is adjudged insolvent or bankrupt, or upon the institution
of any proceeding by or against the other party (and, in the latter case, not dismissed within 30
days) seeking relief, reorganization or arrangement under any Law relating to insolvency, or for
the making of any assignment for the benefit of creditors, or upon the

 

15

appointment of a receiver,
liquidator or trustee of any substantial part of the other party’s property or assets, or upon
liquidation, dissolution or winding up of the other party’s business.

30.4 Termination or expiration of this Agreement shall not affect either party’s obligations in
existence on or prior to the effective date of the termination or expiration or obligations that
arise upon termination or expiration.

30.5 The provisions set forth in Sections 8, 15, 17, 18, 23, 24, 27 and 29 of this Agreement shall
survive the termination or expiration of this Agreement to the extent required for their full
observance and performance.

31. Failure to Perform due to Strike, etc. Excused. Other than payment obligations, if the
failure of either party to fulfill its obligations within the time periods set forth in this
Agreement, arise because of circumstances such as acts of God, acts of government, floods, fires,
explosions, accidents, strikes or other labor disturbances, wars, civil insurrection, sabotage,
nuclear or environmental disaster or other similar circumstances wholly outside the control of the
defaulting Party (collectively, “Force Majeure Event”), then such failure shall be excused
hereunder for the duration of such Force Majeure Event. In the event a Force Majeure Event
continues for more than thirty calendar days, the parties will commence negotiations in an effort
to agree on modifications to this Agreement permitting both parties to continue without substantial
penalty.

32. Counterparts. This Agreement may be executed in counterparts, each of which will be
deemed an original, but all of which taken together will constitute one and the same instrument.

33. Waivers and Extensions. The parties to this Agreement may waive any right, breach or
default which such party has the right to waive, provided that such waiver will not be effective
against the waiving party unless it is in writing, signed by such party, and specifically refers to
this Agreement. Waivers may be made in advance or after the right waived has arisen or the breach
or default waived has occurred. Any waiver may be conditional. No waiver of any breach of any
agreement or provision will be deemed a waiver of any preceding or succeeding breach thereof nor of
any other agreement or provision. No waiver or extension of time for performance of any obligations
or acts will be deemed a waiver or extension of the time for performance of any other obligations
or acts.

34. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit
of Hertz and Ford and their respective successors and assigns; provided, however, no assignment of
the obligations of Hertz or Ford hereunder shall release Hertz or Ford, as assignor, from the
performance of its obligations for the remainder of the term of this Agreement following any
assignment. This Agreement and the rights, duties and obligations contained in it may not be
assigned by a party without the prior written consent of the other party, provided the other party
receives at least 30 days notice of the proposed assignment and its terms. Information reasonably
requested from the proposed assignor or assignee will be provided at least 10 business days prior
to the date any consent is due.

 

16

35. Headings. The paragraph headings herein are included for convenience of reference only
and shall not be deemed a part of this Agreement.

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

	 	 	 	 	 	 	 
	FORD MOTOR COMPANY	 	THE HERTZ CORPORATION
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	     /s/ S. G. Lyons
	 	By:
	 	     /s/ Craig R. Koch
	 

	 	 

	 	 	 	 

	 
	 	 	 	 	 	 
	Its:

	 	     Group Vice President
	 	Its:
	 	     Chairman of the Board and Chief
	 

	 	 	 	 	 	     Executive Officer
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	HERTZ GENERAL INTEREST, LLC	 	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	     /s/ Paul J. Siracusa	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Its:

	 	     President

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