Document:

exv10w1

Exhibit 10.1

CONSULTING AGREEMENT

     This Consulting Agreement (this “Agreement”) is entered into by and between A. Daniel O’Neal,
Jr. (“Consultant”) and Greenbrier Leasing Company LLC (“Greenbrier”) effective as of January 1,
2011. Consultant is retiring from employment with Greenbrier as of December 31, 2010 and the
parties desire to enter into this Agreement in order to provide for an orderly transition of
functions and duties in connection with Consultant’s retirement. The parties hereby agree as
follows:

     1. Consulting Term. The “Consulting Term” will commence on January 1, 2011 and will extend
until December 31, 2011, and will automatically be extended on each anniversary of that date for a
period of one year, unless not later than December 1 Greenbrier or Consultant gives written notice
to the other party that the Consulting Term will not be extended and renewed.

     2. Consulting Services. During the Consulting Term, Consultant will provide consulting
services to Greenbrier to support Greenbrier Leasing Operations (the “Consulting Services”), on as
as-needed basis as requested by the Chief Executive Officer (the “CEO”) of Greenbrier’s parent
company, The Greenbrier Companies, Inc. (the “Parent”).

     3. Consulting Fees. Greenbrier will pay Consultant a fee in the amount of $7,600 per month
(the “Consulting Fee”) for consulting services to be provided at times mutually agreed upon by the
parties.

     4. Insurance; Expenses; Use of Company Property. During the Consulting Term Greenbrier will
continue to cover Consultant and his spouse under Greenbrier’s group health plan, and will pay the
cost of the premiums for such coverage. In addition, during the Consulting Term Greenbrier will
pay or reimburse Consultant for the cost of executive life insurance premiums, long-term disability
insurance, and a leased automobile, and will provide Consultant with a laptop computer and cellular
telephone service. Greenbrier will reimburse Consultant for all reasonable and ordinary business
expenses incurred in the performance of Consulting Services under this Agreement, provided that
Consultant properly accounts for such expenses in the manner prescribed by Greenbrier from time to
time.

     5. Independent Contractor Status. Consultant’s status will be that of an independent
contractor, and nothing contained in this Agreement is intended to operate or be construed to
create an employment relationship between the parties. Consultant will be solely responsible for
determining the means and methods by which the Consulting Services are performed under this
Agreement. Payment of all income, FICA and any other applicable taxes arising from Consultant’s
performance under this Agreement will be the responsibility of Consultant.

     6. Modification or Termination. This Agreement may be amended, modified or terminated only by
mutual agreement of Consultant and Greenbrier. Any amendment or modification of this Agreement
will be valid only if in a writing signed by both parties.

Consulting Agreement

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     7. Severability. Each provision in this Agreement will be treated as a separate and
independent clause, and the unenforceability of any one clause will in no way impair the
enforceability of any of the other clauses in this Agreement. Moreover, if one or more of the
provisions contained in this Agreement for any reason is held to be excessively broad as to scope,
activity or subject so as to be unenforceable at law, such provision or provisions will be
construed by the appropriate arbitral or judicial body by limiting and reducing it or them, so as
to be enforceable to the maximum extent compatible with the applicable law as it then exists.

     8. Binding Effect; Assignment. This Agreement will be binding upon and inure to the benefit
of both parties and their respective successors, assigns, heirs and personal representatives. The
obligations of the Consultant under this Agreement are personal and may not be assigned by
Consultant.

     9. Governing Law; Dispute Resolution. This Agreement will be governed by, and construed in
accordance with, the laws of the State of Oregon without regard to choice of law rules. Any
controversy or claim arising out of or relating to this Agreement will be settled by final and
binding arbitration in Portland, Oregon, by a single, neutral arbitrator administered by the
Arbitration Service of Portland, Inc. Any filing fee charged by the arbitrator initially and all
arbitrator fees and hearing session fees that are required to be paid in advance will be paid by
Greenbrier, pending a determination by the arbitrator of the prevailing party. Consultant is a
resident of the state of Oregon. Greenbrier is headquartered in the state of Oregon. Consultant
specifically agrees that the venue of any arbitration proceeding will be Portland, Oregon and
specifically irrevocably consents and submits to the jurisdiction of any Oregon court with
jurisdiction over the subject matter to compel arbitration under this Agreement or to enforce an
arbitration award, and hereby waives any objection to jurisdiction and venue in any such court, and
waive any claim that such forum is an inconvenient forum. Notwithstanding the provisions of this
Section 9, nothing herein will prevent either party from bringing a claim in a court of competent
jurisdiction to compel arbitration under this Agreement or to enforce an arbitration award.

     IN WITNESS WHEREOF, the parties have executed this Agreement effective as of the date first
written above.

	 	 	 	 	 	 	 	 	 
	COMPANY:	 	 	 	CONSULTANT:	 	 
	 
	 	 	 	 	 	 	 	 
	Greenbrier Leasing Company LLC	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Martin R. Baker
	 	 	 	/s/ A. Daniel O’Neal, Jr.
	 	 
	 

	 	 

Title: Vice President
	 	 	 	 

A. Daniel O’Neal, Jr.
	 	  

Consulting Agreement

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Exhibit 10.2

THE GREENBRIER COMPANIES, INC.

2010 AMENDED AND RESTATED STOCK INCENTIVE PLAN

DIRECTOR RESTRICTED SHARE AGREEMENT

          This AGREEMENT is made as of this ____ day of ________, 201_ between The Greenbrier Companies,
Inc., a Delaware corporation (the “Company”), and ___________ (the “Participant”) under the
Company’s 2010 Amended and Restated Stock Incentive Plan (the “Plan”).

SECTION 1. ACQUISITION OF SHARES.

     (a) Transfer. On the terms and conditions set forth in this Agreement, the Company agrees to
transfer to the Participant ___________ shares of Common Stock of the Company (the “Shares”). The
transfer shall occur at the offices of the Company on the date set forth above or at such other
place and time as the parties may agree.

     (b) Stock Plan and Defined Terms. The transfer of the Shares is subject to the Plan, a copy
of which the Participant acknowledges having received. The provisions of the Plan are incorporated
into this Agreement by this reference. Capitalized terms not elsewhere defined are defined in
Section 9 of this Agreement.

     (c) Withholding Taxes. In the event that the Company determines that it is required to
withhold any tax as a result of the issuance of Shares pursuant to this Agreement, the Participant,
as a condition to the receipt of such Shares, shall make arrangements satisfactory to the Company
to enable it to satisfy all withholding requirements.

     (d) Vesting. The Shares shall vest in full on the first anniversary of the date of this
Agreement. If the Participant ceases to be a Director due to death, Disability, or because he or
she is not re-elected to serve an additional term as a Director, any unvested Shares shall
immediately become fully vested. If the Participant ceases to be a Director by reason of removal
or resignation as a member of the Board of Directors of the Company, any unvested Restricted Shares
shall automatically be forfeited, deemed cancelled and restored to the status of authorized but
unissued shares as of the date of such event and shall again be available for awards under the
Plan.

SECTION 2. RESTRICTIONS ON TRANSFER.

     (a) Restrictions on Transfer.

     (i) By accepting the Shares, the Participant agrees that, if at the time of any
proposed resale of the Shares the resale of the Shares is not exempt from registration under
the Securities Act or covered by an effective registration statement filed under the
Securities Act, the Participant will enter into such representations, warranties and
agreements as the Company may reasonably request to comply with the Securities Act or any
other securities laws or with this Agreement.

Director Restricted Share Agreement

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     (ii) The Participant shall not sell, transfer, assign, pledge or otherwise dispose of
any unvested Shares, whether voluntarily or by operation of law, or by gift, bequest or
otherwise, without the written consent of the Company. Any sale or transfer, or purported
sale or transfer, of unvested Shares, or any right or interest in unvested Shares, in
violation of this provision shall be null and void.

     (b) Securities Law Restrictions. Regardless of whether the offering and sale of Shares under
the Plan have been registered under the Securities Act or have been registered or qualified under
the securities laws of any state, the Company at its discretion may impose restrictions upon the
sale, pledge or other transfer of the Shares (including the placement of appropriate legends on
stock certificates or the imposition of stop-transfer instructions) if, in the judgment of the
Company, such restrictions are necessary or desirable in order to achieve compliance with the
Securities Act, the securities laws of any state or any other law.

     (c) Market Stand-Off. In connection with any underwritten public offering by the Company of
its equity securities pursuant to an effective registration statement filed under the Securities
Act, the Participant shall not directly or indirectly sell, make any short sale of, loan,
hypothecate, pledge, offer, grant or sell any option or other contract for the purchase of,
purchase any option or other contract for the sale of, or otherwise dispose of or transfer, or
agree to engage in any of the foregoing transactions with respect to, any Shares without the prior
written consent of the Company or its underwriters. Such restriction (the “Market Stand Off”)
shall be in effect for such period of time following the date of the final prospectus for the
offering as may be requested by the Company or such underwriters. In the event of the declaration
of a stock dividend, a spin off, a stock split, an adjustment in conversion ratio, a
recapitalization or a similar transaction affecting the Company’s outstanding securities without
receipt of consideration, any new, substituted or additional securities which are by reason of such
transaction distributed with respect to any Shares subject to the Market Stand Off, or into which
such Shares thereby become convertible, shall immediately be subject to the Market Stand Off. In
order to enforce the Market Stand Off, the Company may impose stop-transfer instructions with
respect to the Shares until the end of the applicable stand-off period. The Company’s underwriters
shall be beneficiaries of the agreement set forth in this Subsection (c). This Subsection (c)
shall not apply to Shares registered in the public offering under the Securities Act.

     (d) Rights of the Company. The Company shall not be required to (i) transfer on its books any
Shares that have been sold or transferred in contravention of this Agreement or (ii) treat as the
owner of Shares, or otherwise to accord voting, dividend or liquidation rights to, any transferee
to whom Shares have been transferred in contravention of this Agreement.

SECTION 3. SUCCESSORS AND ASSIGNS.

     Except as otherwise expressly provided to the contrary, the provisions of this Agreement shall
inure to the benefit of, and be binding upon, the Company and its successors and assigns and be
binding upon the Participant and the Participant’s legal representatives, heirs, legatees,
distributees, assigns and transferees by operation of law, whether or not any such person has
become a party to this Agreement or has agreed in writing to join herein and to be bound by the
terms, conditions and restrictions hereof.

Director Restricted Share Agreement

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SECTION 4. NO RETENTION RIGHTS.

     Nothing in this Agreement or in the Plan shall confer upon the Participant any right to
continue in Service for any period of specific duration or interfere with or otherwise restrict in
any way the rights of the Company (or any Parent or Subsidiary employing or retaining the
Participant) or of the Participant, which rights are hereby expressly reserved by each, to
terminate his or her Service at any time and for any reason, with or without cause, subject to
applicable law and the provisions of the Company’s Articles of Incorporation and Bylaws.

SECTION 5. LEGENDS.

     If at the time of any proposed resale of the Shares the resale of the Shares is not covered by
an effective registration statement filed under the Securities Act, all certificates evidencing
Shares shall bear the following legend:

     “THE SHARES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED FOR RESALE UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED, OR OTHERWISE TRANSFERRED WITHOUT AN
EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR AN OPINION OF COUNSEL, SATISFACTORY TO THE COMPANY
AND ITS COUNSEL, THAT SUCH REGISTRATION IS NOT REQUIRED.”

     Until such time as all Shares represented by a certificate shall become fully vested, all
certificates evidencing Shares shall bear the following legend:

     “THE SHARES REPRESENTED HEREBY MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, ENCUMBERED OR IN
ANY MANNER DISPOSED OF, EXCEPT IN COMPLIANCE WITH THE TERMS OF A WRITTEN AGREEMENT BETWEEN THE
COMPANY AND THE REGISTERED HOLDER OF THE SHARES (OR THE PREDECESSOR IN INTEREST TO THE COMPANY OR
THE REGISTERED HOLDER). SUCH AGREEMENT GRANTS TO THE COMPANY CERTAIN RIGHTS UPON TERMINATION OF
SERVICE WITH THE COMPANY. THE SECRETARY OF THE COMPANY WILL UPON WRITTEN REQUEST FURNISH A COPY OF
SUCH AGREEMENT TO THE HOLDER HEREOF WITHOUT CHARGE.”

SECTION 6. NOTICE.

     Any notice required by the terms of this Agreement shall be given in writing and shall be
deemed effective upon personal delivery or upon deposit with the United States Postal Service, by
registered or certified mail, with postage and fees prepaid. Notice shall be addressed to the
Company at its principal executive office and to the Participant at the address that he or she most
recently provided to the Company.

SECTION 7. ENTIRE AGREEMENT.

     This Agreement and the Plan constitute the entire contract between the parties hereto with
regard to the subject matter hereof. They supersede any other agreements, representations or
understandings (whether oral or written and whether express or implied) which relate to the subject
matter hereof.

Director Restricted Share Agreement

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SECTION 8. CHOICE OF LAW.

     This Agreement shall be governed by, and construed in accordance with, the laws of the State
of Oregon, as such laws are applied to contracts entered into and performed in such State.

SECTION 9. DEFINITIONS.

     Capitalized terms not otherwise defined herein shall have the meanings as defined in the Plan.

     (a) “Agreement” shall mean this Director Restricted Share Agreement.

     (b) “Participant” shall mean the individual named in the first paragraph of this Agreement.

     (c) “Securities Act” shall mean the Securities Act of 1933, as amended.

     (d) “Shares” shall mean the shares of common stock of the Company acquired by the Participant
pursuant to this Agreement, as adjusted in accordance with Article 11of the Plan (if applicable).

SECTION 10 EXECUTION.

The parties have executed this Agreement as of the date first written above.

	 	 	 	 	 
	 	COMPANY:

 	 
	 	By: Mark J. Rittenbaum
 	 
	 	Title: Executive Vice President & Chief Financial Officer 	 
	 	 	 	 
	 
	 	PARTICIPANT:

 	 
	 	
 	 
	 	[Name] 	 
	 	 	 
	 

Director Restricted Share Agreement

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