Document:

Agreement, dated February 24, 2010

 Exhibit 10.5 
 KAR Holdings II, LLC 
 c/o Kelso & Company, L.P.

 320 Park Avenue, 24th Floor 
 New York, NY 10022 
 February 24, 2010 
 KAR Auction Services, Inc. 
 13085 Hamilton Crossing Boulevard 
 Carmel, Indiana 46032 
 Attention: Individuals
listed on Schedule A hereto 
 Ladies and Gentlemen: 
 Reference is hereby made to (i) the Shareholders Agreement (the “Shareholders Agreement”), dated as of April 20, 2007, by and among KAR Auction Services, Inc. (formerly known as
KAR Holdings, Inc., the “Company”), KAR Holdings II, LLC (“KAR LLC”), and the Management Shareholders listed on Schedule A hereto (the “Management Shareholders”) and (ii) the termination letter
(the “Termination Letter”), dated December 10, 2009, by and among the Company, KAR LLC and the Management Shareholders, pursuant to which the parties thereto agreed to terminate the Shareholders Agreement in its entirety,
effective upon consummation of the initial public offering of shares of the Company’s common stock. Capitalized terms used in this letter agreement (this “Letter Agreement”) that are not otherwise defined herein shall have the
respective meaning ascribed to such term on Schedule B attached hereto. 
 The purpose of this Letter Agreement is to provide
the Management Shareholders with tag-along rights substantially similar to those they had under the Shareholders Agreement prior to the termination of such Shareholders Agreement. As a result, notwithstanding anything to the contrary contained in
the Termination Letter, for good and valuable consideration, the sufficiency of which is hereby acknowledged, KAR LLC and the Management Shareholders hereby agree as follows: 
  

	 	1.	 In the event that at any time (i) KAR LLC proposes to sell shares of Common Stock owned by it to any Person (a “Proposed
Purchaser”), other than any Transfer (1) pursuant to a Registration or Rule 144, (2) to an Affiliate, or (3) to a Management Shareholder who is a member of KAR LLC in connection with a distribution to such member in
accordance with the LLC Agreement or (ii) a Selling Investor Member (as defined in the LLC Agreement) proposes to transfer Units (as defined in the LLC Agreement) in KAR LLC such that a Management Shareholder (in its capacity as a Management
Member (as defined in the LLC Agreement) under the LLC Agreement) would have tag-along rights under Section 12.9(b) of the LLC Agreement, then in the case of clause (i) or (ii) above,

  

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KAR LLC will promptly provide each Management Shareholder written notice (a “Sale Notice”) of such proposed sale (a “Proposed Sale”) and the material terms of
the Proposed Sale as of the date of the Sale Notice (the “Material Terms”), including the aggregate number of shares of Common Stock or Units, as applicable, the Proposed Purchaser is willing to purchase. If within 20 days of the
delivery of the Sale Notice, KAR LLC receives a written request (a “Sale Request”) to include shares of Common Stock or Units, as applicable, in the Proposed Sale (i) held by one or more of the Management Shareholders or
(ii) to be acquired pursuant to the exercise of either Exchange Options or options (to the extent then vested and exercisable) granted to a Management Shareholder under any Stock Incentive Plan in the Proposed Sale, the Common Stock or Units,
as applicable, held or to be acquired by such Management Shareholders shall be so included as provided therein; provided, however, that any Sale Request shall be irrevocable unless (x) there shall be a material adverse change in
the Material Terms or (y) otherwise mutually agreed to in writing by such Management Shareholders and KAR LLC. If within 20 days after the delivery of the Sale Notice, any Management Shareholder has not delivered a Sale Request to KAR LLC, such
Management Shareholder will be deemed to have waived any and all rights with respect to, or to participate in, such Proposed Sale. 

  

	 	2.	Subject to Paragraph 7 below, the number of shares of Common Stock that any Management Shareholder will be permitted to include in a Proposed Sale on a pro rata basis
pursuant to a Sale Request will be equal to (I) in the case of a sale of shares of Common Stock by KAR LLC pursuant to clause (i) of the first sentence of Paragraph 1 above, the product of (i) (A) the number of shares of Common
Stock held by such Management Shareholder divided by (B) the number of shares of Common Stock held by KAR LLC and all Management Shareholders participating in such Proposed Sale and (ii) the aggregate number of shares of Common Stock
proposed to be sold in such Proposed Sale or (II) in the case of a sale of Units by a Selling Investor Member pursuant to clause (ii) of the first sentence of Paragraph 1 above, such number of shares of Common Stock that, when combined with the
shares of Common Stock underlying the number of Units (if any) to be sold in the Proposed Sale by such Management Shareholder, equals the product of (i) (A) the number of shares of Common Stock directly or indirectly held by such
Management Shareholder divided by (B) the number of shares of Common Stock directly or indirectly held by all participants in such Proposed Sale and (ii) the aggregate number of shares of Common Stock underlying the Units proposed to be
sold in the Proposed Sale. 

  

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	 	3.	 Subject to Paragraph 7 below, shares of Common Stock subject to a Sale Request (including any shares of Common Stock acquired pursuant to the exercise
of Exchange Options that are subject to such Sale Request) will be included in a Proposed Sale pursuant hereto and to any agreement with the Proposed Purchaser relating thereto, on the same terms and subject to the same conditions applicable to the
shares of Common Stock which KAR LLC proposes to sell (or, in the case of a sale of Units, Units which the Selling Investor Member proposes to sell) in the Proposed Sale. Such terms and conditions shall include, without limitation, (i) the sale
consideration (which shall be reduced by the fees and expenses incurred by KAR LLC and the Company, to the extent applicable (or, in the case of a sale of Units, KAR LLC, the Selling Investor Members or other members of KAR LLC, as applicable) in
connection with the Proposed Sale); provided, that in the case of a sale of Units by the Selling Investor Member, the sale consideration shall be the implied per share consideration with respect to shares underlying the Units proposed to be
sold, and (ii) the provision of information, representations, warranties, covenants and requisite indemnifications; provided, however, that (x) any representations and warranties relating specifically to KAR LLC or any
Management Shareholder shall only be made by KAR LLC or that Management Shareholder, (y) any indemnification provided by KAR LLC and the Management Shareholders (other than with respect to the representations referenced in the foregoing
subsection (x)) shall be based on the number of shares of Common Stock being sold by each participant in the Proposed Sale (including any shares of Common Stock acquired pursuant to the exercise of options), either on a several, not joint, basis or
solely with recourse to an escrow established for the benefit of the Proposed Purchaser (it being understood and agreed that the participants’ contributions to such escrow shall be on a pro-rata basis in accordance with the number of shares of
Common Stock (including shares acquired pursuant to the exercise of options) plus the number of shares of Common Stock underlying the Units, if any, being sold in such Proposed Sale), it being understood and agreed that any such indemnification
obligation of a participant shall in no event exceed the net proceeds of such participant from such Proposed Sale, and (z) if the participating Management Shareholders holding a majority of the Shares held by all of the participating Management
Shareholders consent, the form of consideration to be received by KAR LLC (or, in the case of a sale of Units, the Selling Investor Member or any of its Affiliates or any other members of KAR LLC, as applicable) in connection with the Proposed Sale
may be different from that received by the Management Shareholders (including, but not limited to, non-cash consideration) so long as the per share value of the consideration to be received by KAR LLC (which shall be reduced by the fees and expenses
incurred by KAR LLC and the Company, to the extent applicable) (or implied per share value of the consideration to be received by the Selling Investor Member or any of its Affiliates, or any other members of KAR LLC, as applicable) is the same or
less than that to be received by the Management Shareholders (as determined by the Board in good faith). Notwithstanding anything to the contrary, in determining the

  

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consideration received by KAR LLC (or the Selling Investor Member or any of its Affiliates, or any other members of KAR LLC, as applicable) pursuant to this Letter Agreement, any management,
advisory or transaction fees payable to KAR LLC or any of its members or any of their Affiliates in connection with such Transfer shall not be included in determining the sale proceeds and will not be deemed consideration received by KAR LLC, the
Selling Investor Member or any of its Affiliates, or any other members of KAR LLC, as applicable. 
  

	 	4.	Upon delivering a Sale Request, each Management Shareholder will, if requested by KAR LLC, execute and deliver a custody agreement and power of attorney in form and
substance satisfactory to KAR LLC (a “Custody Agreement and Power of Attorney”) with respect to the shares of Common Stock which are to be included in the Proposed Sale pursuant to this Letter Agreement. The Custody Agreement and
Power of Attorney will provide, among other things, that each such Management Shareholder will deliver to and deposit in custody with KAR LLC, named as the custodian and attorney-in-fact therein, a certificate or certificates representing such
shares of Common Stock (duly endorsed in blank by the registered owner or owners thereof or accompanied by duly executed stock powers in blank) and irrevocably appoint KAR LLC as such Management Shareholder’s agent and attorney-in-fact with
full power and authority to act under a custody agreement and power of attorney on behalf of such Management Shareholder with respect to the matters specified therein. 

  

	 	5.	Upon delivering a Sale Request, each Management Shareholder agrees that he or she will execute such other agreements as KAR LLC (or the Selling Investor Member, as
applicable) may reasonably request in connection with the consummation of a Proposed Sale and Sale Request and the transactions contemplated thereby, including, without limitation, any purchase, recapitalization or merger agreement, escrow agreement
or other ancillary agreements, proxies, written consents in lieu of meetings or waivers of appraisal rights. 

  

	 	6.	Each Management Shareholder wishing to include shares of Common Stock that are acquirable pursuant to the exercise of Exchange Options in a Proposed Sale must include
with such Management Shareholder’s Sale Request an irrevocable commitment to exercise such Exchange Options, subject only to closing of such Proposed Sale. 

  

	 	7.	 Notwithstanding anything to the contrary, if in any Proposed Sale of Units, the Selling Investor Member is informed that the Proposed Purchaser in good
faith is not willing to proceed with such sale if shares of Common Stock held by any Management Shareholder are included in such sale (by virtue of the tag along rights specified herein), then the Selling Investor

  

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Member shall be permitted to proceed with such sale (to the full extent of such Proposed Sale with respect to its Units) without including any such shares of Common Stock, and the Management
Shareholders shall not have tag along rights with respect to shares of Common Stock in such Proposed Sale; provided, that in any such Proposed Sale by the Selling Investor Member of Units in which shares of Common Stock have been excluded at
the request of the Proposed Purchaser, the Management Shareholders shall have the right (if and to the extent the Selling Investor Member so agrees) to include in such Proposed Sale (in lieu of shares of Common Stock that would otherwise be
includable by virtue of the tag along rights hereunder) an applicable portion of their Units (as determined in good faith by the Selling Investor Member) up to such amount as would be necessary to put such Management Shareholder in the same direct
and indirect ownership position with respect to the Company as if such Management Shareholder were permitted to include shares of Common Stock in such Proposed Sale. 

  

	 	8.	This Letter Agreement contains the entire agreement between the parties hereto with respect to the matters contained herein and supersedes and replaces any prior
agreement between the parties with respect to the matters set forth in this Letter Agreement. 

  

	 	9.	This Letter Agreement may be executed in any number of counterparts and any such counterparts may be transmitted by facsimile transmission, and each of such
counterparts, whether an original or a facsimile of an original, shall be deemed to be an original and all of such counterparts together shall constitute a single agreement. 

  

	 	10.	This Letter Agreement shall be governed by the laws of the State of New York. 

  

	 	11.	This Letter Agreement may be amended, modified or supplemented with the written consent of KAR LLC and the written consent of a majority (by number of shares of Common
Stock at the time of such amendment, modification or supplement) of the Management Shareholders; provided, however, to the extent (and only to the extent) any particular Management Shareholder would be uniquely and adversely affected by such
amendment, modification or supplement, the written consent of such Management Shareholder shall also be required. KAR LLC shall notify all Management Shareholders promptly after any such amendment, modification or supplement shall have taken effect.

  

	 	12.	Except as otherwise expressly provided herein, this Letter Agreement is not intended to confer upon any Person, except for the parties hereto, any rights or remedies
hereunder. 

  

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	 	13.	All notices, requests, demands, waivers and other communications required or permitted to be given under this Letter Agreement shall be in writing and shall be deemed
to have been duly given if (a) delivered personally, (b) mailed, certified or registered mail with postage prepaid, (c) sent by next-day or overnight mail or delivery or (d) sent by fax, as follows (or to such other address as
the party entitled to notice shall hereafter designate in accordance with the terms hereof): 

 If to KAR LLC, to:

 KAR Holdings II, LLC 
 c/o Kelso & Company, L.P. 
 320 Park Avenue 
 24th Floor 
 New York, NY 10022 
 Attention: James J. Connors II, Esq. 
 Tel: (212) 751-3939 
 Fax: (212) 223-2379 
 with a copy (which shall not constitute
notice) to: 
 Skadden, Arps, Slate, Meagher & Flom LLP 
 Four Times Square 
 New York, NY 10036 
 Attention: Lou R. Kling 
 Tel: (212) 735-3000 
 Fax: (917) 777-2770 
 If to a Management Shareholder, unless otherwise
specified by such Management Shareholder, to his or her attention at: 
 c/o Insurance Auto Auctions, Inc.

 2 Westbrook Corporate Center, Suite 500 
 Westchester, Illinois 60154 
 Tel: (708) 492-7000 
 Fax: (708) 492-7078 
 with a copy (which shall not constitute notice) to: 
 Schiff Hardin LLP 
 6600 Sears Tower 
 Chicago, Illinois 60606 
 Attention: Stephen J. Dragich 
 Tel: (312) 258-5962 
 Fax: (312) 258-5600 
  

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 All such notices, requests, demands, waivers and other communications shall be deemed to
have been received by (w) if by personal delivery, on the day delivered, (x) if by certified or registered mail, on the fifth business day after the mailing thereof, (y) if by next-day or overnight mail or delivery, on the day
delivered, or (z) if by fax, on the day delivered; provided that such delivery is confirmed. 
 [Remainder of
Page Intentionally Left Blank] 
  

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 If you are in agreement with the foregoing, kindly so indicate by signing a counterpart of this letter,
whereupon it will become a binding agreement between us. 
  

			
	Very truly yours,
	
	KAR HOLDINGS II, LLC
		
	By:	 	 /s/ James J. Connors, II

	Name:	 	James J. Connors, II
	Title:	 	Vice President

 ACKNOWLEDGED AND AGREED: 

 

					
	 /s/ Thomas C. O’Brien
	 		 	 /s/ Donald J. Hermanek

	Thomas C. O’Brien	 		 	Donald J. Hermanek
			
	 /s/ Scott P. Pettit
	 		 	 /s/ John W. Kett

	Scott P. Pettit	 		 	John W. Kett
			
	 /s/ David R. Montgomery
	 		 	 /s/ John R. Nordin

	David R. Montgomery	 		 	John R. Nordin
			
	 /s/ Sidney L. Kerley
	 		 	
	Sidney L. Kerley	 		 	

  

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 Schedule A 
 Management Shareholders 
 Thomas C. O’Brien 
 Scott P. Pettit 
 David R. Montgomery 
 Donald J. Hermanek 
 John W. Kett 
 John R. Nordin 
 Sidney L. Kerley 
  

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 Schedule B 
 Defined Terms 
 As used in this Letter Agreement, the following terms
shall have the meanings ascribed to them below: 
 Affiliate: with respect to a specified Person, any Person that directly, or indirectly
through one or more intermediaries, controls, is controlled by, or is under common control with, the specified Person. As used in this definition, the term “control” means the possession, directly or indirectly, of the power to direct or
cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. 
 Board: the board of directors of the Company. 
 Common Stock: the Common Stock of the Company, par value $.01 per share
(which shall include, for the avoidance of doubt, Rollover Shares) or any other securities of the Company or any other Person issued with respect to such Common Stock by way of a conversion, exchange, replacement, stock dividend or stock split or
other distribution in connection with a combination of shares, conversion exchange, replacement, recapitalization, merger, consolidation or other reorganization or otherwise. 
 Conversion Agreements: the Conversion Agreements, each dated as of April 20, 2007, between the Company and each of the Management Shareholders, as the same may be amended, modified,
supplemented or restated from time to time. 
 Exchange Options: any options to purchase shares of Common Stock that were acquired by a
Management Shareholder pursuant to a Conversion Agreement. 
 LLC Agreement: the Limited Liability Company Agreement of KAR Holdings II
LLC, dated as of April 20, 2007, as the same may be amended, modified, supplemented or restated from time to time. 
 Person: an
individual, corporation, partnership, limited liability company, joint venture, association, trust or other entity or organization, including a government or political subdivision or an agency or instrumentality thereof. 
 Registration: the closing of a public offering pursuant to an effective registration statement under the Securities Act. 
 Rollover Shares: any shares of Common Stock that were acquired by a Management Shareholder pursuant to a Conversion Agreement and/or the exercise of
Exchange Options. 
 Rule 144: Rule 144 promulgated under the Securities Act. 
  

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 Securities Act: the Securities Act of 1933, as amended, or any successor federal statute, and the
rules and regulations thereunder which shall be in effect at the time. 
 Shares: any shares of Common Stock or Exchange Options.

 Stock Incentive Plan: the KAR Holdings Conversion Option Plan, adopted by the Company’s Board on April 20, 2007, as amended
from time to time, and any other stock incentive plan that may be adopted by the Board from time to time. 
 Transfer: any direct or
indirect sale, assignment, mortgage, transfer, gift, pledge or other form of disposal, including by operation of law. 
  

 11Letter Agreement dated as of December 3, 2008

 Exhibit 10.15 
 [AFC Letterhead] 
 December 3, 2008 
 Mr. Don Gottwald 
 5253 Quaker Hill Lane

 San Diego, CA 92130 
 Dear Don:

 On behalf of Automotive Finance Corporation (“AFC”), I would like to formally offer you the position of President and CEO of AFC
reporting to the Chairman and CEO of KAR Holdings, Inc. The terms of your offer are as follows: 
  

	 	•	 	 Start Date: January 7, 2009. 

  

	 	•	 	 Base Salary: Annual base salary of $400,000, payable according to AFC’s regular payroll practices.

  

	 	•	 	 Car Allowance: Car allowance in the amount of $500.77 per pay period. 

  

	 	•	 	 Annual Incentive Opportunity: You will be eligible to participate in the KAR Holdings, Inc. Annual Incentive Plan at a 75% target
opportunity, subject to the terms and conditions of such plan. 

  

	 	•	 	 Long Term Incentive Opportunity: You will be eligible for entry into the Long Term Equity Plan with a $4,500,000 target
opportunity (pending board approval), subject to the terms and conditions of such plan. 

  

	 	•	 	 Relocation Package: A relocation package will be provided to you that will allow you and your family to relocate to the
Indianapolis area. Should you voluntarily terminate your employment with AFC prior to your one year service anniversary, you will be required to reimburse the full amount of this relocation assistance to AFC. Details of the relocation package are as
follows: 

  

	 	•	 	 In the event that you incur a loss on the sale of your home in San Diego, AFC will pay to you (at the time of the closing) the amount of the loss
incurred. A loss on sale is considered to be the difference between (i) $1.4 million (representing the purchase price of the home plus improvements made thereto); and (ii) the sale price of the home. Any offer should be discussed with the
Chairman and CEO of KAR Holdings, Inc. prior to accepting an offer with a potential buyer. 

  

	 	•	 	 In the event that your home in San Diego is not sold within 90 days from the initial listing date, KAR Holdings, Inc. or one of its affiliates will
directly purchase your home for $1.4 million. The purchase will be made within a reasonable time after the expiration of the 90 day listing period. 

	 	•	 	 In the event you close on your new home in Indianapolis prior to the time you close on the sale of your home in San Diego, KAR Holdings, Inc. or one of
its affiliates agrees to advance you the equity on this transaction to assist in the purchase of your new home in Indianapolis. Such an equity advance would be repaid back to KAR Holdings, Inc. or the appropriate affiliate upon terms mutually agreed
upon at the time of the equity advance. 

  

	 	•	 	 Temporary housing in the Indianapolis area for up to six months. 

  

	 	•	 	 Home sale closing costs and up to 7% realtor fees. 

  

	 	•	 	 Home purchase closing costs 

  

	 	•	 	 Title search and insurance 

  

	 	•	 	 Attorney’s fees 

  

	 	•	 	 Origination fee 

  

	 	•	 	 Inspection fees 

  

	 	•	 	 Lender appraisal, credit report, survey and recording fees 

  

	 	•	 	 Fees not covered: down payment, points, prepaid real estate taxes, prepaid mortgage interest, utilities, insurance, mortgage insurance premium and
homeowner association fees 

  

	 	•	 	 Household moving expense (one household and vehicles). 

  

	 	•	 	 Reimbursement of reasonable travel expenses to and from Indianapolis to San Diego while commuting to Indianapolis from San Diego.

  

	 	•	 	 All closing costs and other payments will be wired directly to the lender or other appropriate party. 

  

	 	•	 	 Benefit Plans: You are eligible to participate in the KAR Holdings, Inc. Benefit Plans, subject to the terms and conditions of
such plans. All benefit forms must be completed and returned within 31 days of your first day of employment. 

  

	 	•	 	 Vacation: In recognition of your years of experience, you will be immediately eligible for a maximum allotment of 5 weeks vacation
annually, subject to the terms and conditions of the applicable vacation policy. 

  

	 	•	 	 Severance Terms: Your employment with the AFC is at-will (i.e., is not for a specific term) and can be terminated by you or
AFC at any time for any reason, with or without cause. Please be aware that AFC will not have any obligation to pay you any severance payments in the event you terminate your employment for any reason (including death or disability) other than for
“Good Reason” (as defined below). In the event that you terminate your employment with “Good Reason” (as defined below) or in the event that AFC terminates your employment with AFC for any reason other than for “Cause”
(as defined below), and provided that you sign and do not revoke a general release of claims against AFC, its affiliates and their officers, directors and employees (as provided by AFC), you will be paid in monthly installments payable over two
years the following amount (i) three times your base salary at the time of the termination (if the

  

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termination occurs within three years after your initial date of hire); or (ii) one times your base salary at the time of termination (if the termination occurs any time after three years
from your initial date of hire). In addition, in the event that you terminate your employment with “Good Reason” (as defined below) or in the event that AFC terminates your employment with AFC for any reason other than for
“Cause” (as defined below), and provided that you sign and do not revoke a general release of claims against AFC, its affiliates and their officers, directors and employees (as provided by AFC), you will be reimbursed for the payments you
make for the continuation of COBRA. 

  

	 	•	 	 Payment of Severance Amounts: Payment of the initial severance payment will commence within 15 days of the effective date of the general
release of claims. In exchange for the severance provisions in this paragraph, you agree to waive any and all other severance-related benefits that AFC or its affiliates offers now or may offer in the future (other than applicable health care
continuation under COBRA). All payments to be made upon a termination of employment under this offer letter may only be made upon a “separation from service” under section 409A of the Internal Revenue Code of 1986, as amended
(“Code”). Severance benefits under this offer letter are intended to be exempt from section 409A of the Code under the “separation pay exception,” to the maximum extent applicable. Any payments hereunder that qualify for the
“short-term deferral” exception or another exception under section 409A of the Code shall be paid under the applicable exception. 

  

	 	•	 	 Potential Delay in Severance Payments Due to Section 409A of the Internal Revenue Code: Notwithstanding the foregoing or anything to
the contrary contained in any other provision of this offer letter, if you are a “specified employee” at the time of your “separation from service” (as each phrase is defined within the meaning of section 409A of the Code), then
any payment hereunder designated as being subject to this provision shall not be made until the earlier of the first business day after (i) the expiration of six (6) months from the date of your separation from service, or (ii) the
date of your death (the “Postponed Payment Date”). On the Postponed Payment Date, there shall be paid to you or, if you have died, to your estate, in a single lump sum cash payment, an amount equal to aggregate amount of the payments
delayed pursuant to the preceding sentence. 

  

	 	•	 	 Definition of Good Reason: “Good Reason” shall mean the occurrence of any one of the following acts by AFC:

  

	 	•	 	 A material adverse alteration in the your authority, duties, responsibilities or position; provided that, notwithstanding the foregoing, the following
is not “Good Reason:” (i) an isolated, insubstantial and inadvertent action not taken in bad faith and which is remedied by the AFC promptly after receipt of notice thereof given by you, or (ii) a change in the person to whom
(but not the position to which) you report; or 

  

	 	•	 	 A material reduction in your base salary. 

  

	 	•	 	 Definition of Cause: “Cause” shall be determined in the good faith opinion of the Board of Directors of KAR Holdings, Inc. and
shall mean your willful engagement in illegal conduct or misconduct which is injurious to AFC or one of its affiliates. 

  

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	 	•	 	 Guaranty of KAR Holdings: KAR Holdings, Inc. guarantees the payment of the severance payments to be paid by AFC pursuant to this offer
letter, subject to the terms and conditions set forth in this offer letter. 

  

	 	•	 	 Withholdings: All payments referenced above will be subject to applicable income and employment tax withholdings and other
required reductions. 

 If you agree with the above, please sign and return a copy to me at your earliest convenience.

 If we can be of any particular assistance to help you in this transition, please let us know. We are excited about this opportunity and look
forward to having your talents improve AFC. 
  

	
	Very truly yours,
	
	 /s/ Becca C. Polak

	Becca C. Polak
	Executive Vice President and General Counsel
	KAR Holdings, Inc.

 Accepted and Acknowledged: 

  

	
	 /s/ Don Gottwald

	Don Gottwald

  

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