Document:

EXHIBIT 4.4
                                                        (includes Exhibit 4.7)
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                      DAIMLERCHRYSLER MASTER OWNER TRUST

                                   as Issuer

                                      and

                             THE BANK OF NEW YORK

                             as Indenture Trustee

                        SERIES [o] INDENTURE SUPPLEMENT

                            dated as of [o] 1, [o]

                                      to

                                   INDENTURE

                           dated as of June 1, 2002

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                                                 TABLE OF CONTENTS

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                                                     ARTICLE I
                                          Definitions and Other Provisions
                                               of General Application

<S>                      <C>
Section 1.01.            Definitions............................................................................. 1
Section 1.02.            Governing Law........................................................................... 9
Section 1.03.            Counterparts............................................................................ 9
Section 1.04.            Ratification of Indenture............................................................... 9

                                                     ARTICLE II
                                                The Series [o] Notes

Section 2.01.            Creation and Designation................................................................ 9
Section 2.02.            Form of Delivery; Depository; Denominations.............................................10
Section 2.03.            Delivery and Payment....................................................................10
Section 2.04.            ERISA Restrictions......................................................................10

                                                    ARTICLE III
                                         Allocations, Deposits and Payments

Section 3.01.            Allocations of Series [o] Available Interest Amount.....................................10
Section 3.02.            Amounts to be Treated as Series [o] Available Interest Amount; Other Deposits to
                         the Interest Funding Account............................................................11
Section 3.03.            Allocations of Reductions from Investor Charge-Offs to the Overcollateralization
                         Amount and the Nominal Liquidation Amount of the Series [o] Notes.......................12
Section 3.04.            Allocations of Reimbursements of Nominal Liquidation Amount Deficit and
                         Overcollateralization Amount Deficit....................................................12
Section 3.05.            Application of Series [o] Available Principal Amount....................................13
Section 3.06.            Computation of Reductions to the Nominal Liquidation Amount of the Series [o]
                         Notes and the Overcollateralization Amount from Reallocations of Series [o]
                         Available Principal Amounts.............................................................13
Section 3.07.            Targeted Deposits of Series [o] Available Principal Amounts to the Principal
                         Funding Account.........................................................................14
Section 3.08.            Amounts to be Treated as Series [o] Available Principal Amounts; Other Deposits
                         to Principal Funding Account............................................................14
Section 3.09.            Withdrawals from Interest Funding Account...............................................15
Section 3.10.            Withdrawals from Principal Funding Account..............................................15
Section 3.11.            Limit on Repayment of the Series [o] Notes..............................................15
Section 3.12.            Calculation of Nominal Liquidation Amount of Series [o] Notes and
                         Overcollateralization Amount............................................................15
Section 3.13.            Netting of Deposits and Payments........................................................17
Section 3.14.            Payments to Noteholders.................................................................17

                                                         i

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Section 3.15.            Exercise of Put Feature; Sale of Receivables for Accelerated Notes......................18
Section 3.16.            Calculation Agent; Determination of LIBOR...............................................19
Section 3.17.            Excess Available Interest Amounts Sharing...............................................20
Section 3.18.            Excess Available Principal Amounts Sharing..............................................21
Section 3.19.            Computation of Interest.................................................................21
Section 3.20.            Variable Accumulation Period............................................................21
Section 3.21.            Payments to the Issuer..................................................................22
Section 3.22.            Payment Instructions and Monthly Noteholders' Report....................................22

                                                     ARTICLE IV
                                             Early Redemption of Notes

Section 4.01.            Early Redemption Events.................................................................22

                                                     ARTICLE V
                                              Accounts and Investments

Section 5.01.            Accounts................................................................................24

EXHIBITS

EXHIBIT A                FORM OF SERIES [o] NOTE
EXHIBIT B                FORM OF SERIES [o] SCHEDULE TO PAYMENT INSTRUCTIONS
EXHIBIT C                FORM OF SERIES [o] SCHEDULE TO MONTHLY NOTEHOLDERS' STATEMENT

                                          -------------------------------

                                                        ii
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          This SERIES [o] INDENTURE SUPPLEMENT (this "Indenture Supplement"),
by and between DAIMLERCHRYSLER MASTER OWNER TRUST, a statutory trust created
under the laws of the State of Delaware (the "Issuer"), having its principal
office at c/o Chase Manhattan Bank USA, National Association, 500 Stanton
Christiana Road, Newark, Delaware 19713, and THE BANK OF NEW YORK, a New York
banking corporation (the "Indenture Trustee"), is made and entered into as of
[o] 1, [o].

          Pursuant to this Indenture Supplement, the Issuer shall create a new
series of Notes and shall specify the principal terms thereof.

                                  ARTICLE I

                       Definitions and Other Provisions
                            of General Application

          Section 1.01. Definitions. For all purposes of this Indenture
Supplement, except as otherwise expressly provided or unless the context
otherwise requires:

          (1) the terms defined in this Article I have the meanings assigned
     to them in this Article I, and include the plural as well as the
     singular;

          (2) all other terms used herein which are defined in the Indenture,
     either directly or by reference therein, have the meanings assigned to
     them in the Indenture and, if not defined in the Indenture, have the
     meanings assigned to them in the Pooling and Servicing Agreement or the
     Series 2002-CC Supplement, as applicable;

          (3) all accounting terms not otherwise defined herein have the
     meanings assigned to them in accordance with generally accepted
     accounting principles and, except as otherwise herein expressly provided,
     the term "generally accepted accounting principles" with respect to any
     computation required or permitted hereunder means such accounting
     principles as are generally accepted in the United States of America at
     the date of such computation;

          (4) all references in this Indenture Supplement to designated
     "Articles," "Sections" and other subdivisions are to the designated
     Articles, Sections and other subdivisions of this Indenture Supplement as
     originally executed. The words "herein," "hereof" and "hereunder" and
     other words of similar import refer to this Indenture Supplement as a
     whole and not to any particular Article, Section or other subdivision;

          (5) in the event that any term or provision contained herein shall
     conflict with or be inconsistent with any term or provision contained in
     the Indenture, the terms and provisions of this Indenture Supplement
     shall be controlling;

          (6) except as expressly provided herein, each capitalized term
     defined herein shall relate only to the Series [o] Notes and no other
     Series of Notes issued by the Issuer; and

<PAGE>

          (7) "including" and words of similar import will be deemed to be
     followed by "without limitation."

          "Accumulation Period" means, with respect to the Series [o] Notes,
the period from and including the Accumulation Period Commencement Date to but
excluding the earlier of (i) the Series [o] Termination Date and (ii) the day
on which an Early Redemption Period commences.

          "Accumulation Period Commencement Date" means [o] or, if the Issuer,
acting directly or through the Administrator, makes an election pursuant to
Section 3.20, the later date selected by the Issuer pursuant to Section 3.20.

          "Accumulation Period Length" means the number of full Collection
Periods between the Accumulation Period Commencement Date and the Series [o]
Expected Principal Payment Date.

          "Adjusted Outstanding Dollar Amount" means, with respect to the
Series [o] Notes, the Outstanding Dollar Principal Amount of the Series [o]
less (i) any funds (other than investment earnings) in the Principal Funding
Account and (ii) any amount (exclusive of investment earnings) in the Excess
Funding Account that is allocable to Series [o].

          "Aggregate Series Available Interest Amount Shortfall" means the sum
of the "Series Available Interest Amount Shortfalls" for all series of Notes
(as such term is defined in each of the related Indenture Supplements).

          "Aggregate Series Available Principal Shortfall" means the sum of
the "Series Available Principal Amount Shortfalls" for all series of Notes (as
such term is defined in the related Indenture Supplements).

          "applicable investment category" means "Aaa" or "P-1" in the case of
Moody's and "AAA" or "A-1+" in the case of Standard & Poor's.

          "Calculation Agent" is defined in Section 3.16.

          "Controlled Accumulation Amount" means $[o]; provided, however, that
if the Accumulation Period Length with respect to the Series [o] Notes is
determined to be less than five months pursuant to Section 3.20, the
Controlled Accumulation Amount for any Payment Date will be equal to (i) the
Initial Dollar Principal Amount of the Series [o] Notes divided by (ii) the
Accumulation Period Length.

          "Controlled Deposit Amount" means, with respect to any Payment Date,
the excess of (i) the Controlled Accumulation Amount over (ii) any funds in
the Excess Funding Account that are allocable to Series [o] and will be
deposited into the Principal Funding Account on such Payment Date.

          "DaimlerChrysler" means DaimlerChrysler Corporation, a Delaware
corporation, and its successors.

                                      2

<PAGE>

          "DCS" means DaimlerChrysler Services North America LLC, a Michigan
limited liability company, and its successors and permitted assigns.

          "Early Redemption Event" means, with respect to the Series [o]
Notes, the occurrence of any of the events specified in Section 1201 of the
Indenture and Section 4.01 of this Indenture Supplement.

          "Early Redemption Period" means, with respect to the Series [o]
Notes, the period from and including the date on which an Early Redemption
Event occurs to but excluding the earlier of (i) the Series [o] Termination
Date and (ii) if such Early Redemption Period has commenced before the
scheduled termination of the Revolving Period, the day on which the Revolving
Period recommences pursuant to Section 4.01.

          "ERISA" means the Employee Retirement Income Security Act of 1974,
as amended.

          "Event of Default" is defined in Section 701 of the Indenture.

          "Incremental Overcollateralization Amount" means, at the time of
determination, the product obtained by multiplying

          (i) a fraction, the numerator of which is the Series [o] Nominal
     Liquidation Amount (calculated without including the Incremental
     Overcollateralization Amount), and the denominator of which is the Pool
     Balance on the last day of the preceding Collection Period

     by   (ii)      the excess, if any, of

                    (a)  the sum of the Overconcentration Amount and the
                         aggregate amount of Ineligible Receivables on that
                         date

             over   (b)  the aggregate amount of Ineligible Receivables and
                         Receivables in Accounts containing Dealer
                         Overconcentrations, in each case that became
                         Defaulted Receivables during the preceding Collection
                         Period and are not subject to reassignment from the
                         CARCO Trust, unless any insolvency event relating to
                         DCWR or the Servicer as described in Section 9.01(b),
                         (c), (d) or (e) of the Pooling and Servicing
                         Agreement has occurred.

          "Indenture" means the Indenture, dated as of June 1, 2002, between
the Issuer and The Bank of New York, as Indenture Trustee, as amended,
restated and supplemented from time to time.

          "Initial Dollar Principal Amount" means, with respect to the Series
[o] Notes, $[o].

                                      3

<PAGE>

          "Initial Primary Overcollateralization Amount" means $[o], which is
the product of (i) the Overcollateralization Percentage and (ii) the initial
Nominal Liquidation Amount of the Series [o] Notes.

          "Interest Funding Account" means the trust account designated as
such and established pursuant to Section 5.01(a).

          "Interest Payment Date" means the [o] day of each calendar month, or
if such [o] day is not a Business Day, the next succeeding Business Day. The
initial Interest Payment Date is [o].

          "Interest Period" means, with respect to any Interest Payment Date,
the period from and including the previous Interest Payment Date (or in the
case of the initial Interest Payment Date, from and including the Issuance
Date) to but excluding such current Interest Payment Date.

          "Investor Charge-Off" means, with respect to any Payment Date, the
aggregate amount, if any, by which the Series [o] Investor Default Amount, if
any, for the preceding Monthly Period exceeds the Series [o] Available
Interest Amount for such Payment Date available after giving effect to clauses
(a), (b) and (c) of Section 3.01.

          "Investor Default Amount" is defined in the Series 2002-CC
Supplement.

          "Issuance Date" means [o].

          "Legal Maturity Date" means the Payment Date in [o].

          "LIBOR" means, with respect to any Interest Period, the London
interbank offered rate determined in accordance with Section 3.16.

          "LIBOR Determination Date" means, with respect to any Interest
Period, the second London Business Day prior to the commencement of such
Interest Period.

          "London Business Day" means a day that is both a Business Day and a
day on which banking institutions in the City of London, England are not
required or authorized by law to be closed.

          "Monthly Period" is defined in the Indenture; provided, however,
that, with respect to this Indenture Supplement, the first Monthly Period is
the period beginning on the close of business on the Series [o] Cut-Off Date
and ending on and including [o]. The Monthly Period is the same as the
Collection Period.

          "Nominal Liquidation Amount of the Series [o] Notes" means, with
respect to the Series [o] Notes, the amount calculated pursuant to Section
3.12(a).

          "Nominal Liquidation Amount Deficit" means, with respect to the
Series [o] Notes, the excess of (i) the Adjusted Outstanding Dollar Principal
Amount of the Series [o] Notes over (ii) the Nominal Liquidation Amount of the
Series [o] Notes.

                                      4

<PAGE>

          "Note Rating Agency" means, with respect to the Series [o] Notes,
each of Moody's, Standard & Poor's and Fitch.

          "Overcollateralization Amount" means, with respect to the Series [o]
Notes, the amount calculated pursuant to Section 3.12(b). The initial
Overcollateralization Amount is $[o].

          "Overcollateralization Amount Deficit" means, with respect to the
Series [o] Notes, the excess of (i) the aggregate of the reallocations and
reductions made pursuant to Sections 3.12(b)(ii)(C) and (D) over (ii) the
aggregate amount of all reimbursements made pursuant to Section
3.12(b)(ii)(B).

          "Overcollateralization Percentage" means [9.89]%; provided that the
Overcollateralization Percentage shall be [11.11]% so long as the rating of
the long-term unsecured debt of DaimlerChrysler AG is less than "[BBB-]" by
Standard & Poor's.

          "Paying Agent" means, initially, the Indenture Trustee.

          "Payment Date" means, with respect to the Series [o] Notes, the
Principal Payment Date or any Interest Payment Date.

          "PFA Earnings" means, with respect to each Payment Date, the
investment earnings on funds in the Principal Funding Account (net of
investment expenses and losses) for the period from and including the
immediately preceding Payment Date to but excluding such Payment Date.

          "PFA Earnings Shortfall" means, with respect to any Payment Date,
the excess, if any, of (i) the PFA Earnings Target for such Payment Date over
(ii) the PFA Earnings for such Payment Date.

          "PFA Earnings Target" means, with respect to any Payment Date, with
respect to any amount on deposit in the Principal Funding Account, the Dollar
amount of interest that would have accrued on such amount for the period from
and including the preceding Payment Date to but excluding such Payment Date if
such amount had borne interest at the related Series [o] Note Interest Rate.

          "Plan" means an employee benefit plan, as defined in Section 3(3) of
ERISA, that is subject to ERISA or a plan, as defined in Section 4975(e)(1) of
the Code.

          "Pooling and Servicing Agreement" means the Amended and Restated
Pooling and Servicing Agreement, dated as of December 5, 2001, among DCWR, as
Seller, DCS, as Servicer, and The Bank of New York, as CARCO Trust Trustee, as
amended, restated and supplemented from time to time.

                                      5

<PAGE>

          "Primary Overcollateralization Amount" means, at the time of
determination, the product of (i) the Overcollateralization Percentage and
(ii) the Nominal Liquidation Amount of the Series [o] Notes at such time;
provided that if an Early Redemption Period has commenced and the Revolving
Period has not recommenced, then the amount referred to in clause (ii) shall
be the Nominal Liquidation Amount of the Series [o] Notes at the commencement
of the Early Redemption Period.

          "Principal Funding Account" means the trust account designated as
such and established pursuant to Section 5.01(a).

          "Principal Payment Date" means, with respect to the Series [o]
Notes, the Series [o] Expected Principal Payment Date or, upon the
acceleration of the Series [o] Notes following an Event of Default or the
occurrence of an Early Redemption Event, each Interest Payment Date occurring
after such acceleration or Early Redemption Event.

          "Put Feature" means, with respect to the Series [o] Notes, the right
of the Holders to put the Series [o] Notes to the Issuer upon satisfaction of
the conditions set forth in Section 3.15(a) and receive the amounts specified
in Section 3.15(a).

          "Receivables Sales Proceeds" means, with respect to the Series [o]
Notes, the proceeds of the sale of Receivables with respect to such series of
Notes pursuant to Section 3.15. Receivables Sales Proceeds do not constitute
Available Principal Amounts.

          "Receivables Sales Proceeds Deposit Amount" means, with respect to
the Series [o] Notes in respect of which the Issuer has received Receivables
Sales Proceeds, the amount of Receivables Sales Proceeds on deposit in the
Principal Funding Account.

          "Record Date" means, with respect to any Payment Date, (i) if the
Series [o] Notes are Global Notes, the day immediately preceding such Payment
Date and (ii) if the Series [o] Notes are definitive Notes, the last day of
the calendar month ending before such Payment Date.

          "Reference Banks" means four major banks engaged in transactions in
the London interbank market selected by the Calculation Agent for the purpose
of determining LIBOR.

          "Required Primary Overcollateralization Amount" means, with respect
to any Payment Date, the product of (i) the Overcollateralization Percentage
and (ii) the Nominal Liquidation Amount of the Series [o] Notes calculated
after giving effect to allocations, deposits and payments to be made on such
Payment Date but without giving effect to the reductions in Sections
3.12(a)(ii)(C) and (D) and the reimbursements in Section 3.12(a)(ii)(B).

          "Revolving Period" means, with respect to the Series [o] Notes, the
period from the close of business on the Series [o] Cut-Off Date to but
excluding the earlier of (i) the Accumulation Period Commencement Date and
(ii) the day on which an Early Redemption Period commences. The Revolving
Period, however, may recommence upon the termination of an Early Redemption
Period pursuant to Section 4.01.

                                      6

<PAGE>

          "Series [o] Account" is defined in Section 5.01(a).

          "Series [o] Available Amount" means, with respect to any Payment
Date, the sum of the Series [o] Available Interest Amount and the Series [o]
Available Principal Amount for such Payment Date.

          "Series [o] Available Interest Amount" means, with respect to any
Payment Date, the sum of (a) the Available Interest Amount allocated to Series
[o] pursuant to Section 501 of the Indenture and (b) any amounts to be treated
as part of the Series [o] Available Interest Amount pursuant to Section
3.02(a).

          "Series [o] Available Interest Amount Shortfall" means, with respect
to any Payment Date, the excess, if any, of (i) the aggregate amount required
to be applied pursuant to Sections 3.01(a) through (e) for such Payment Date
over (ii) the Series [o] Available Interest Amount (excluding amounts to be
treated as part of the Series [o] Available Interest Amount pursuant to
Section 3.17(a) for such Payment Date); provided, however, that the Issuer,
when authorized by an Officer's Certificate, may amend or otherwise modify
this definition of Series [o] Available Interest Amount Shortfall if the Note
Rating Agencies confirm in writing that the amendment or modification will not
cause a Ratings Effect.

          "Series [o] Available Principal Amount" means, with respect to any
Payment Date, the sum of (a) the Available Principal Amount allocated to
Series [o] pursuant to Section 502 of the Indenture and (b) any amounts to be
treated as part of the Series [o] Available Principal Amount pursuant to
Section 3.01(d) or 3.01(e).

          "Series [o] Available Principal Amount Shortfall" means, with
respect to any Payment Date, the excess, if any, of (i) the aggregate amount
required to be applied pursuant to Section 3.07 over (ii) the Series [o]
Available Principal Amount (excluding amounts to be treated as part of the
Series [o] Available Principal Amount pursuant to Section 3.18(a) for such
Payment Date); provided, however, that the Issuer, when authorized by an
Officer's Certificate, may amend or otherwise modify this definition of Series
[o] Available Principal Amount Shortfall if the Note Rating Agencies confirm
in writing that the amendment or modification will not cause a Ratings Effect.

          "Series [o] Cut-Off Date" means [o].

          "Series [o] Expected Principal Payment Date" means the Payment Date
in [o].

          "Series [o] Floating Allocation Percentage" means, with respect to
any Payment Date, the percentage equivalent, which shall never exceed 100%, of
a fraction, the numerator of which is the Series [o] Nominal Liquidation
Amount as of the last day of the immediately preceding Collection Period and
the denominator of which is the sum of the series nominal liquidation amounts
for all series of Notes (including Series [o]) on that day.

                                      7

<PAGE>

          "Series [o] Investor Default Amount" means, with respect to any
Payment Date, the product of the Investor Default Amount with respect to such
Payment Date and the Series [o] Floating Allocation Percentage for such
Payment Date.

          "Series [o] Monthly Interest" is defined in Section 3.01(b).

          "Series [o] Nominal Liquidation Amount" means, at the time of
determination, the amount equal to the sum of (i) the Nominal Liquidation
Amount of the Series [o] Notes at such time and (ii) the Overcollateralization
Amount at such time. The initial Series [o] Nominal Liquidation Amount is
$[o].

          "Series [o] Note Interest Rate" means, with respect to an Interest
Period, a rate per annum equal to LIBOR, as determined by the Calculation
Agent on the related LIBOR Determination Date with respect to such Interest
Period, plus [o]%.

          "Series [o] Noteholder" means a Person in whose name a Series [o]
Note is registered in the Note Register.

          "Series [o] Note" means any of the Notes executed by the Issuer and
authenticated by or on behalf of the Indenture Trustee, substantially in the
form of Exhibit A hereto.

          "Series [o] Principal Allocation Percentage" means, with respect to
any Payment Date, the percentage equivalent, which shall never exceed 100%, of
a fraction the numerator of which is the Series [o] Nominal Liquidation Amount
as of the last day of the immediately preceding Collection Period or, if the
Accumulation Period or Early Redemption Period has commenced, as of the last
day of the Collection Period immediately preceding the commencement of the
Early Redemption Period or Accumulation Period, and the denominator of which
is the sum of the series nominal liquidation amounts for each series of Notes
(including Series [o]) as of the last day of the immediately preceding
Collection Period, provided, however, that for any series of Notes that is
amortizing or accumulating principal, the series nominal liquidation amount of
that series will be the series nominal liquidation amount as of the last day
of the Collection Period prior to the commencement of such amortization or
accumulation.

          "Series [o] Servicing Fee" means, with respect to any Payment Date,
the pro rata portion of the Certificateholders Monthly Servicing Fee allocable
to the Series [o] Notes based on the Series [o] Floating Allocation Percentage
for such Payment Date.

          "Series [o] Termination Date" means the earliest to occur of (i) the
Principal Payment Date on which the Outstanding Dollar Principal Amount of the
Series [o] Notes is reduced to zero, (ii) the Legal Maturity Date and (iii)
the date on which the Indenture is discharged and satisfied pursuant to
Article VI thereof.

          "Series 2002-CC Supplement" means the Series 2002-CC Supplement to
the Pooling and Servicing Agreement, dated as of June 1, 2002, among DCWR, as
Seller, DCS, as Servicer, and The Bank of New York, as CARCO Trust Trustee, as
amended, restated and supplemented from time to time.

                                      8

<PAGE>

          "Shared Excess Available Interest Amount" means, with respect to any
Payment Date with respect to any series of Notes, either (i) the Series [o]
Available Interest Amount for such Payment Date available after application in
accordance with Sections 3.01(a) through (e) or (ii) the amounts allocated to
the Notes of other series that the applicable Indenture Supplements for such
series specify are to be treated as "Shared Excess Available Interest Amount."

          "Shared Excess Available Principal Amount" means, with respect to
any Payment Date and any series of Notes, either (i) the Series [o] Available
Principal Amount for such Payment Date applied as Shared Excess Available
Principal Amount in accordance with Section 3.05 or (ii) the amounts allocated
to the Notes of other series that the Indenture Supplements for such series
specify are to be treated as "Shared Excess Available Principal Amount."

          "Stated Principal Amount" means, with respect to the Series [o]
Notes, $[o].

          "Telerate Page 3750" means the display page so designated as
reported by Bloomberg Financial Markets Commodities News (or such other page
as may replace that page on that service, or any other service that may be
nominated as the information vendor, for the purpose of displaying London
interbank offered rates of major banks for Dollar deposits).

          Section 1.02. Governing Law. THIS INDENTURE SUPPLEMENT WILL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW
YORK, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS (OTHER THAN SECTION
5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW) AND THE OBLIGATIONS, RIGHTS
AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH
SUCH LAWS.

          Section 1.03. Counterparts. This Indenture Supplement may be
executed in any number of counterparts, each of which so executed will be
deemed to be an original, but all such counterparts will together constitute
but one and the same instrument.

          Section 1.04. Ratification of Indenture. As supplemented by this
Indenture Supplement, the Indenture is in all respects ratified and confirmed
and the Indenture as so supplemented by this Indenture Supplement shall be
read, taken and construed as one and the same instrument.

                                  ARTICLE II

                             The Series [o] Notes

          Section 2.01. Creation and Designation.

          (a) There is hereby created a series of Notes to be issued pursuant
to the Indenture and this Indenture Supplement to be known as "DaimlerChrysler
Master Owner Trust Floating Rate Auto Dealer Loan Asset Backed Notes, Series
[o]" or the "[o] Notes." The Series [o] Notes will be issued in one class.

                                      9

<PAGE>

          (b) The Series [o] Notes shall not be subordinated to any other
series of Notes.

          Section 2.02. Form of Delivery; Depository; Denominations.

          (a) The Series [o] Notes, upon original issuance, shall be delivered
in the form of Global Notes and Registered Notes as provided in Sections 202
and 301(g) of the Indenture, respectively.

          (b) The Depository for the Series [o] Notes shall be The Depository
Trust Company, and the Series [o] Notes shall initially be registered in the
name of Cede & Co., its nominee.

          (c) The Series [o] Notes will be issued in minimum denominations of
$1,000 and integral multiples of that amount.

          Section 2.03. Delivery and Payment. The Issuer shall execute and
deliver the Series [o] Notes to the Indenture Trustee for authentication, and
the Indenture Trustee shall deliver the Series [o] Notes when authenticated,
each in accordance with Section 303 of the Indenture. All proceeds from the
issuance and sale of the Series [o] Notes shall be paid to DCWR and treated as
a distribution pursuant to the Trust Agreement on the uncertificated
beneficial interest in the Issuer held by DCWR, as Beneficiary.

          Section 2.04. ERISA Restrictions. By accepting an interest in a
Series [o] Note, each owner or holder of such interest shall acknowledge and
agree that the Series [o] Notes may not be purchased with the assets of a Plan
if DCWR, an underwriter for the Series [o] Notes, the Indenture Trustee, the
Owner Trustee or any of their Affiliates (i) has investment or administrative
discretion with respect to the assets of such Plan, (ii) has authority or
responsibility to give, or regularly gives, investment advice with respect to
those Plan assets for a fee and pursuant to an understanding or agreement that
such advice will serve as a primary basis for investment decisions with
respect to those Plan assets and will be based on the particular investment
needs for such Plan or (iii) is an employer maintaining or contributing to
such Plan.

                                 ARTICLE III

                      Allocations, Deposits and Payments

          Section 3.01. Allocations of Series [o] Available Interest Amount.
On each Payment Date, the Indenture Trustee will apply the Series [o]
Available Interest Amount as follows:

          (a) first, if neither DCS nor any of its Affiliates is the Servicer,
to pay the Series [o] Servicing Fee, plus any previously due and unpaid Series
[o] Servicing Fee (to the extent it has not been waived by the Servicer for
such Payment Date) to the Servicer;

          (b) second, to deposit to the Interest Funding Account an amount
equal to (i) the product of (A) a fraction, the numerator of which is the
actual number of days in the

                                      10

<PAGE>

related Interest Period and the denominator of which is 360, times (B) the
Series [o] Note Interest Rate applicable to the related Interest Period, times
(C) the Outstanding Dollar Principal Amount of the Series [o] Notes determined
as of the Record Date preceding the related Payment Date (the "Series [o]
Monthly Interest"), plus (ii) an amount equal to the excess, if any, of the
aggregate amount accrued pursuant to this Section 3.01(b) as of prior Interest
Periods over the aggregate amount of interest paid to the Series [o]
Noteholders pursuant to this Section 3.01(b) in respect of such prior Interest
Periods, together with interest at the Series [o] Note Interest Rate on such
delinquent amount, to the extent permitted by applicable law;

          (c) third, if DCS or any of its Affiliates is the Servicer, to pay
the Series [o] Servicing Fee plus any previously due and unpaid Series [o]
Servicing Fee (to the extent it has not been waived by the Servicer for such
Payment Date) to the Servicer;

          (d) fourth, to be treated as part of the Series [o] Available
Principal Amount for application in accordance with Section 3.05 in an amount
equal to the Series [o] Investor Default Amount, if any, for the preceding
Monthly Period;

          (e) fifth, to be treated as part of the Series [o] Available
Principal Amount for application in accordance with Section 3.05 in an amount
equal to the sum of (x) the Nominal Liquidation Amount Deficit, if any, and
(y) the Overcollateralization Amount Deficit, if any;

          (f) sixth, to be treated as Shared Excess Available Interest Amount
for application in accordance with Section 3.17; and

          (g) seventh, to the Issuer.

          Section 3.02. Amounts to be Treated as Series [o] Available Interest
Amount; Other Deposits to the Interest Funding Account. The following deposits
and payments will be made on the following dates:

          (a) Amounts to be Treated as Series [o] Available Interest Amount.
In addition to the Available Interest Amount allocated to Series [o] pursuant
to Section 501 of the Indenture, the following amounts shall be treated as
part of the Series [o] Available Interest Amount for application in accordance
with this Article III:

          (i) PFA Earnings Shortfall. The PFA Earnings Shortfall, to the
     extent funded pursuant to Section 4.01(c) of the Series 2002-CC
     Supplement, will be treated as part of the Series [o] Available Interest
     Amounts for the related Payment Date.

          (ii) Account Earnings. Any PFA Earnings for any Payment Date will be
     treated as part of the Series [o] Available Interest Amount for such
     Payment Date.

          (iii) Shared Excess Available Interest Amounts. Any Shared Excess
     Available Interest Amounts allocable to Series [o] will be treated as
     part of the Series [o] Available Interest Amounts pursuant to Section
     3.17(a).

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<PAGE>

     (b) Receivables Sales Proceeds. Receivables Sales Proceeds received by
the Issuer pursuant to Section 3.15(c)(ii) for the Series [o] Notes will be
deposited into the Interest Funding Account on the date of receipt by the
Issuer.

     Section 3.03. Allocations of Reductions from Investor Charge-Offs to the
Overcollateralization Amount and the Nominal Liquidation Amount of the Series
[o] Notes. On each Payment Date when there is an Investor Charge-Off with
respect to the related Monthly Period, such Investor Charge-Off will be
allocated on that date to the Overcollateralization Amount and the Nominal
Liquidation Amount of the Series [o] Notes as set forth in this Section 3.03.

     (a) First, the amount of such Investor Charge-Off will be allocated to
the Overcollateralization Amount in an amount equal to lesser of (i) such
Investor Charge-Off and (ii) the Overcollateralization Amount (computed prior
to giving effect to such Investor Charge-Off and any reallocation of Series
[o] Available Principal Amount on such date). In such case, the
Overcollateralization Amount will be reduced by an amount equal to the portion
of such Investor Charge-Off that is allocated to the Overcollateralization
Amount pursuant to this clause (a); provided, however, that no such allocation
will reduce the Overcollateralization Amount below zero.

     (b) Second, the amount of such Investor Charge-Off remaining after giving
effect to clause (a) above will be allocated to the Series [o] Notes in an
amount equal to the lesser of (i) the excess, if any, of the Investor
Charge-Off for such Monthly Period over the amount of the reduction of the
Overcollateralization Amount pursuant to clause (a) above and (ii) the Nominal
Liquidation Amount of the Series [o] Notes (computed prior to giving effect to
such Investor Charge-Off and any reallocations of Series [o] Available
Principal Amounts on such date). In such case, the Nominal Liquidation Amount
of the Series [o] Notes will be reduced by an amount equal to the portion of
such Investor Charge-Off that is allocated to the Series [o] Notes pursuant to
this clause (b); provided, however, that no such allocation will reduce the
Nominal Liquidation Amount of the Series [o] Notes below zero.

     Section 3.04. Allocations of Reimbursements of Nominal Liquidation Amount
Deficit and Overcollateralization Amount Deficit. If, as of any Payment Date,
there is any Series [o] Available Interest Amount available pursuant to
Section 3.01(e) to reimburse any Nominal Liquidation Amount Deficit or
Overcollateralization Amount Deficit as of such Payment Date, such funds will
be allocated as follows:

     (a) first, to the Nominal Liquidation Amount of the Series [o] Notes, but
in no event will the Nominal Liquidation Amount of the Series [o] Notes be
increased above the Adjusted Outstanding Dollar Principal Amount of the Series
[o] Notes; and

     (b) second, to the Overcollateralization Amount, but in no event will the
Overcollateralization Amount be increased above the Overcollateralization
Amount calculated as if there had been no reduction of the
Overcollateralization Amount pursuant to Section 3.03 or 3.06.

                                      12

<PAGE>

     Section 3.05. Application of Series [o] Available Principal Amount. On
each Payment Date, the Indenture Trustee will apply the Series [o] Available
Principal Amount as follows:

     (a) first, if, after giving effect to deposits to be made with respect to
such Payment Date pursuant to Section 3.01(b), the Series [o] Notes have not
received the full amount targeted to be deposited pursuant to Section 3.01(b)
with respect to that Payment Date, then the Series [o] Available Principal
Amount will be allocated to the Interest Funding Account in an amount equal to
the lesser of the following amounts:

               (i) the amount of the deficiency in such targeted amount to be
     deposited into the Interest Funding Account; and

               (ii) the Series [o] Nominal Liquidation Amount (determined
     after giving effect to the application of the Investor Charge-Off
     pursuant to Section 3.03);

          (b) second, if Series [o] is in its Accumulation Period or an Early
Redemption Period, (i) any remaining Series [o] Available Principal Amount
(after giving effect to clause (a)) will be applied to make the targeted
deposit to the Principal Funding Account pursuant to Section 3.07 and (ii) any
remaining Series [o] Available Principal Amount (after giving effect to clause
(i)) will be treated as Shared Excess Available Principal Amount;

          (c) third, if Series [o] is not in its Accumulation Period or an
Early Redemption Period, any remaining Series [o] Available Principal Amount
(after giving effect to clauses (a) and (b) above) will be treated as Shared
Excess Available Principal Amount; and

          (d) fourth, if the Outstanding Dollar Principal Amount of the Series
[o] has been reduced to zero on or before such Payment Date, the remaining
Series [o] Available Principal Amount (after giving effect to clauses (a), (b)
and (c)) shall be paid to the Issuer.

          Section 3.06. Computation of Reductions to the Nominal Liquidation
Amount of the Series [o] Notes and the Overcollateralization Amount from
Reallocations of Series [o] Available Principal Amounts.

          (a) Each reallocation of a portion of the Series [o] Available
Principal Amount that is deposited to the Interest Funding Account pursuant to
Section 3.05(a) will reduce the Overcollateralization Amount; provided,
however, that such reduction shall not exceed the Overcollateralization Amount
(after giving effect to any reductions pursuant to Section 3.03 for Investor
Charge-Offs).

          (b) Each reallocation of a portion of the Series [o] Available
Principal Amount that is deposited to the Interest Funding Account pursuant to
Section 3.05(a) in excess of the amounts applied pursuant to clause (a) above
that reduce the Overcollateralization Amount to zero will reduce the Nominal
Liquidation Amount of the Series [o] Notes; provided, however, that the amount
of such reduction shall not exceed the Nominal Liquidation Amount of the

                                      13

<PAGE>

Series [o] Notes (after giving effect to any reductions pursuant to Section
3.03 for Investor Charge-Offs).

          Section 3.07. Targeted Deposits of Series [o] Available Principal
Amounts to the Principal Funding Account. The Series [o] Available Principal
Amount that is targeted to be deposited into the Principal Funding Account
with respect to any Payment Date will be (i) the amount determined pursuant to
clause (a) or (b) below for such Payment Date, as applicable, or if more than
one such clause is applicable, the highest amount determined pursuant to any
one of such clauses, and (ii) any targeted deposit pursuant to clause (i) for
any prior Payment Date to the extent not previously deposited, but in no case
more than the Nominal Liquidation Amount of the Series [o] Notes (computed
immediately before giving effect to such deposit but after giving effect to
any reductions thereof due to any Investor Charge-Offs and any reallocations
of the Series [o] Available Principal Amount on such date).

          (a) Budgeted Deposits. Subject to Section 3.07(b), with respect to
each Principal Payment Date, beginning with the Accumulation Commencement
Date, the targeted deposit to be made into the Principal Funding Account will
be the Controlled Deposit Amount for the related Payment Date.

          (b) Event of Default, Early Redemption Event, Other Optional or
Mandatory Redemption. If the Series [o] Notes have been accelerated during a
Monthly Period after the occurrence of an Event of Default, or if an Early
Redemption Event with respect to the Series [o] Notes occurs during a Monthly
Period, or with respect to the Monthly Period immediately preceding any other
date fixed for any other optional or mandatory redemption of the Series [o]
Notes, the targeted deposit for the Series [o] Notes with respect to the
Payment Date following such Monthly Period and each following Payment Date is
equal to the Nominal Liquidation Amount of the Series [o] Notes as of the
close of business on the last day of the preceding Monthly Period (taking into
effect any reallocations on the following Payment Date).

          Section 3.08. Amounts to be Treated as Series [o] Available
Principal Amounts; Other Deposits to Principal Funding Account. The following
deposits and payments will be made on the following dates:

          (a) Amounts to be Treated as Series [o] Available Principal Amount.
In addition to the Available Principal Amount allocated to the Series [o]
pursuant to Section 502 of the Indenture, any portion of the Series [o]
Available Interest Amount that is allocated pursuant to Section 3.01(d) or
3.01(e) shall be treated as part of the Series [o] Available Principal Amount
for application in accordance with Section 3.05.

          (b) Receivables Sale Proceeds. Receivables Sales Proceeds applied
pursuant to Section 3.15(c)(i) for the Series [o] Notes will be deposited into
the Principal Funding Account on the date of receipt by the Indenture Trustee.

          (c) Withdrawals from Excess Funding Account. Any withdrawal from the
Excess Funding Account pursuant to Section 4.05(a) of the Series 2002-CC
Supplement that is

                                      14

<PAGE>

allocable to Series [o] will be deposited into the Principal Funding Account
on the date of receipt by the Indenture Trustee.

          Section 3.09. Withdrawals from Interest Funding Account. Withdrawals
made pursuant to this Section 3.09 with respect to the Series [o] Notes will
be made from the Interest Funding Account only after all allocations and
reallocations have been made pursuant to Sections 3.02 and 3.05. Such
withdrawals will be limited to the amount then on deposit in the Interest
Funding Account.

          (a) Withdrawals for Series [o] Notes. On each Interest Payment Date,
any amount on deposit in the Interest Funding Account for the Series [o] Notes
shall be paid to the Paying Agent.

          (b) Payment to the Issuer. After payment in full of the Series [o]
Notes, any amount remaining on deposit in the Interest Funding Account will be
paid to the Issuer.

          If the aggregate amount available for withdrawal from the Interest
Funding Account is less than all withdrawals required to be made from the
Interest Funding Account, then the aggregate amount on deposit will be
withdrawn and, if payable to more than one Person, applied pro rata based on
the respective amounts of the withdrawals required to be made.

          Section 3.10. Withdrawals from Principal Funding Account.
Withdrawals made pursuant to this Section 3.10 with respect to the Series [o]
Notes will be made from the Principal Funding Account only after all
allocations and reallocations have been made pursuant to Sections 3.05, 3.07
and 3.08. In no event will the amount of the withdrawal be more than the
amount then on deposit in the Principal Funding Account.

          (a) Withdrawals for the Series [o] Notes. On each Principal Payment
Date, any amount on deposit in the Principal Funding Account shall be paid to
the Paying Agent.

          (b) Payment to the Issuer. Upon payment in full of the Series [o]
Notes, any remaining amount on deposit in the Principal Funding Account will
be paid to the Issuer.

          If the aggregate amount available for withdrawal from the Principal
Funding Account is less than all withdrawals required to be made from that
Principal Funding Account, then the amounts on deposit will be withdrawn and,
if payable to more than one Person, applied pro rata based on the amounts of
the respective withdrawals required to be made.

          Section 3.11. Limit on Repayment of the Series [o] Notes. No amounts
on deposit in the Principal Funding Account will be applied to pay principal
of the Series [o] Notes in excess of the Outstanding Dollar Principal Amount
of the Series [o] Notes.

          Section 3.12. Calculation of Nominal Liquidation Amount of Series
[o] Notes and Overcollateralization Amount.

          (a) On or prior to each Payment Date the Issuer shall calculate the
Nominal Liquidation Amount of the Series [o] Notes, which shall be the
following amount:

                                      15

<PAGE>

          (i) as of the Issuance Date, the Initial Dollar Principal Amount of
     the Series [o] Notes; and

          (ii) thereafter, an amount equal to, without duplication:

               (A) the Nominal Liquidation Amount of the Series [o] Notes
          immediately after the prior date of determination; plus

               (B) the share of all reimbursements of the Nominal Liquidation
          Amount Deficit pursuant to Section 3.01(e) that is allocated to the
          Nominal Liquidation Amount of the Series [o] Notes pursuant to
          Section 3.04(a) since the prior date of determination; minus

               (C) the share of all reallocations of the Series [o] Available
          Principal Amount pursuant to Section 3.05(a) that is allocated to
          the Nominal Liquidation Amount of the Series [o] Notes pursuant to
          Section 3.06(b) since the prior date of determination; minus

               (D) the amount of the reduction of the Nominal Liquidation
          Amount of the Series [o] Notes resulting from an allocation of an
          Investor Charge-Off pursuant to Section 3.03(b) since the prior date
          of determination; minus

               (E) the amount (other than investment earnings) deposited in
          the Principal Funding Account (after giving effect to any deposits,
          allocations, reallocations or withdrawals to be made on that day)
          since the prior date of determination; minus

               (F) the amount (other than investment earnings) deposited into
          the Excess Funding Account since the prior date of determination in
          connection with a reduction in Principal Receivables that is
          allocable to Series [o]; plus

               (G) the amount (other than investment earnings) withdrawn from
          the Excess Funding Account since the prior date of determination in
          connection with the purchase of additional Principal Receivables
          that is allocable to Series [o];

provided, however, that (1) the Nominal Liquidation Amount of the Series [o]
Notes may never be less than zero, (2) the Nominal Liquidation Amount of the
Series [o] Notes may never be greater than the Adjusted Outstanding Dollar
Principal Amount of the Series [o] Notes and (3) if the Series [o] Notes have
caused a sale of Receivables pursuant to Section 3.15, then the Nominal
Liquidation Amount of Series [o] Notes the Series [o] will be zero.

          (b) On or prior to each Payment Date the Issuer shall calculate the
Overcollateralization Amount, which shall be the following amount:

          (i) as of the date of issuance of the Series [o] Notes, the initial
     Overcollateralization Amount; and

                                      16

<PAGE>

          (ii) thereafter, an amount equal to, without duplication:

               (A) the Primary Overcollateralization Amount of the Series [o]
          Notes immediately after the prior date of determination; plus

               (B) the share of all reimbursements of the
          Overcollateralization Amount Deficit pursuant to Section 3.01(e)
          that is allocated to the Overcollateralization Amount pursuant to
          Section 3.04(b) since the prior date of determination; minus

               (C) the share of all reallocations of the Series [o] Available
          Principal Amount pursuant to Section 3.05(a) that is allocated to
          the Overcollateralization Amount pursuant to Section 3.06(a) since
          the prior date of determination; minus

               (D) the amount of the reduction of the Overcollateralization
          Amount resulting from an allocation of Investor Charge-Offs pursuant
          to Section 3.03(a) since the prior date of determination; plus

               (E) the Incremental Overcollateralization Amount;

provided, however, that the Overcollateralization Amount shall never be less
than zero and, after the Outstanding Dollar Principal Amount of the Series [o]
Notes has been reduced to zero, the Overcollateralization Amount shall be
zero.

          Section 3.13. Netting of Deposits and Payments. The Issuer, in its
sole discretion, may make all deposits to the Interest Funding Account and the
Principal Funding Account pursuant to Sections 3.01 and 3.07 with respect to
any Payment Date net of, and after giving effect to, (a) all reallocations to
be made pursuant to Section 3.07 and (b) all payments to the Issuer pursuant
to Section 3.05.

          Section 3.14. Payments to Noteholders.

          (a) All payments of principal, interest or other amounts to Holders
of the Series [o] Notes will be made pro rata based on the Stated Principal
Amount of their Series [o] Notes.

          (b) Any installment of interest or principal, if any, payable on any
Series [o] Note which is punctually paid or duly provided for by the Issuer
and the Indenture Trustee on the applicable Interest Payment Date or Principal
Payment Date shall be paid by the Paying Agent to the Person in whose name
such Series [o] Note (or one or more Predecessor Notes) is registered on the
Record Date, by wire transfer of immediately available funds to such Person's
account as has been designated by written instructions received by the Paying
Agent from such Person not later than the close of business on the third
Business Day preceding the date of payment or, if no such account has been so
designated, by check mailed first-class, postage prepaid to such Person's
address as it appears on the Note Register on such Record Date, except that
(i) with respect to Series [o] Notes registered on the Record Date in the name
of the nominee of Cede & Co., payment shall be made by wire transfer in
immediately available funds to the account

                                      17

<PAGE>

designated by such nominee and (ii) with regard to any payments of interest or
principal made pursuant to Section 3.09(b) or 3.10(b), respectively, payment
shall be made by wire transfer in immediately available funds to the account
designated by the Issuer.

          (c) The right of the Series [o] Noteholders to receive payments from
the Issuer will terminate on the first Business Day following the Series [o]
Termination Date.

          Section 3.15. Exercise of Put Feature; Sale of Receivables for
Accelerated Notes.

          (a) If (i) an Early Amortization Event in Section 9.01(b), (c), (d)
or (e) of the Pooling and Servicing Agreement occurs or (ii) the Series [o]
Notes have been accelerated pursuant to Section 702 of the Indenture following
an Event of Default, each Holder of a Series [o] Note may notify the Indenture
Trustee that it desires to exercise the Put Feature in respect of its Series
[o] Notes. The Put Feature shall be deemed to be exercised only if at least
one of the following conditions is met:

          (i) the Holders of Series [o] Notes evidencing at least 90% of the
     Outstanding Dollar Principal Amount of the Series [o] Notes have notified
     the Indenture Trustee that they desire to exercise the Put Feature in
     respect of their Series [o] Notes; or

          (ii) the Majority Holders of the Series [o] Notes have notified the
     Indenture Trustee that they desire to exercise the Put Feature in respect
     of their Series [o] Notes and the net proceeds of the sale of Receivables
     pursuant to such exercise (as described below) plus amounts on deposit in
     the Principal Funding Account would be sufficient to pay all amounts due
     on the Series [o] Notes; or

          (iii) (A) the Indenture Trustee determines that the funds to be
     allocated to the Series [o] Notes, including (1) Series [o] Available
     Interest Amounts and Series [o] Available Principal Amounts and (2)
     amounts on deposit in the Principal Funding Account, may not be
     sufficient on an ongoing basis to make payments on the Series [o] Notes
     as such payments would have become due if such obligations had not been
     declared due and payable and (B) Holders of Series [o] Notes evidencing
     at least 66 2/3% of the Outstanding Dollar Principal Amount of the Series
     [o] Notes have notified the Indenture Trustee that they desire to
     exercise the Put Feature in respect of their Series [o] Notes.

If the Put Feature is deemed to be exercised as provided in the preceding
sentence, it shall be deemed to be exercised by all Holders of the Series [o]
Notes, whether or not they actually give notice of their desire to exercise
the Put Feature. Upon such deemed exercise of the Put Feature, the Indenture
Trustee shall cause the CARCO Trust to sell Principal Receivables and the
related Non-Principal Receivables (or interests therein) in an amount up to
the Series [o] Nominal Liquidation Amount plus any past due interest on the
Series [o] Notes. The proceeds of such sale shall be applied in accordance
with Section 706 of the Indenture. The Holders of the Series [o] Notes shall
maintain their rights in their Series [o] Notes until such sale proceeds have
been applied in accordance with Section 706 of the Indenture and shall present
their Series [o] Notes

                                      18

<PAGE>

to the Issuer in accordance with Section 706 of the Indenture as part of their
exercise of the Put Feature.

          (b) If the Nominal Liquidation Amount of the Series [o] Notes is
greater than zero on the Legal Maturity Date (after giving effect to deposits
and distributions otherwise to be made on the Legal Maturity Date), the Issuer
will cause the CARCO Trust to sell Principal Receivables and the related
Non-Principal Receivables on the Legal Maturity Date in an amount up to the
Series [o] Nominal Liquidation Amount plus any past due interest on the Series
[o] Notes.

          (c) Sales proceeds received with respect to the Series [o] Notes
pursuant to clause (b) above will be allocated in the following priority:

          (i) first, to be deposited in the Principal Funding Account, an
     amount up to the Adjusted Outstanding Dollar Principal Amount of the
     Series [o] Notes immediately before giving effect to such deposit; and

          (ii) second, to be deposited in the Interest Funding Account, the
     balance of such sales proceeds.

          (d) Any amount remaining on deposit in the Interest Funding Account
after a sale of Receivables pursuant to this Section 3.15 and the final
payment of the Series [o] Notes pursuant to Section 503 of the Indenture, will
be treated as part of the Series [o] Available Interest Amount.

          Section 3.16. Calculation Agent; Determination of LIBOR.

          (a) The Issuer hereby agrees that for so long as any Series [o]
Notes are Outstanding, there shall at all times be an agent appointed to
calculate LIBOR for each Interest Period (the "Calculation Agent"). The Issuer
hereby initially appoints the Indenture Trustee as the Calculation Agent for
purposes of determining LIBOR for each Interest Period. The Calculation Agent
may be removed by the Issuer at any time. If the Calculation Agent is unable
or unwilling to act as such or is removed by the Issuer, or if the Calculation
Agent fails to determine LIBOR for an Interest Period, the Issuer shall
promptly appoint a replacement Calculation Agent that does not control or is
not controlled by or under common control with the Issuer or its Affiliates.
The Calculation Agent may not resign its duties, and the Issuer may not remove
the Calculation Agent, without a successor having been duly appointed and
having accepted such appointment.

          (b) On each LIBOR Determination Date, the Calculation Agent shall
determine LIBOR to equal the offered rate for Unites States dollar deposits
for one month that appears on Telerate Page 3750 as of 11:00 A.M., London
time, on the second LIBOR Business Day prior to the Interest Period. If that
rate appears on Telerate Page 3750, LIBOR will be that rate. If on any LIBOR
Determination Date the offered rate does not appear on Telerate page 3750, the
Calculation Agent will request each of the Reference Banks, to provide the
Calculation Agent with its offered quotation for United States dollar deposits
for one month to prime banks in the London interbank market as of 11:00 A.M.,
London time, on the date. If at least two

                                      19

<PAGE>

Reference Banks provide the Calculation Agent with the offered quotations,
LIBOR on that date will be the arithmetic mean, rounded upwards, if necessary,
to the nearest 1/100,000 of 1% (.0000001), with five one-millionths of a
percentage point rounded upward, of all the quotations. If on that date fewer
than two Reference Banks provide the Calculation Agent with the offered
quotations, LIBOR on that date will be the arithmetic mean, rounded upwards,
if necessary, to the nearest 1/100,000 of 1% (.0000001), with five
one-millionths of a percentage point rounded upward, of the offered per annum
rates that one or more leading banks in The City of New York selected by the
Calculation Agent are quoting as of 11:00 A.M., New York City time, on that
date to leading European banks for United States dollar deposits for one
month. If, however, those banks are not quoting as described above, LIBOR for
that date will be LIBOR applicable to the Interest Period.

          (c) The Series [o] Note Interest Rate, applicable to the then
current and the immediately preceding Interest Periods, may be obtained by
telephoning the Indenture Trustee at its Corporate Trust Office at (212)
328-7623 or such other telephone number as shall be designated by the
Indenture Trustee for such purpose by prior written notice by the Indenture
Trustee to each Series [o] Noteholder from time to time.

          (d) On each LIBOR Determination Date, the Calculation Agent shall
send to the Indenture Trustee and the Beneficiary, by facsimile transmission,
notification of LIBOR for the following Interest Period.

          Section 3.17. Excess Available Interest Amounts Sharing.

          (a) Shared Excess Available Interest Amounts allocable to Series [o]
on any Payment Date shall be treated as part of the Series [o] Available
Interest Amount for such Payment Date.

          (b) The Shared Excess Available Interest Amount allocable to Series
[o] with respect to any Payment Date shall mean an amount equal to the Series
[o] Available Interest Amounts Shortfall, if any, for such Payment Date;
provided, however, that if the aggregate amount of Shared Excess Available
Interest Amounts for all series of Notes for such Payment Date is less than
the Aggregate Series Available Interest Amounts Shortfall for such Payment
Date, then the Shared Excess Available Interest Amount allocable to Series [o]
on such Payment Date shall equal the product of (i) Shared Excess Available
Interest Amounts for all series of Notes and (ii) a fraction, the numerator of
which is the Series Available Interest Amounts Shortfall with respect to
Series [o] for such Payment Date and the denominator of which is the aggregate
amount of Aggregate Series Available Interest Amounts Shortfall for all series
of Notes for such Payment Date.

          (c) Any Shared Excess Available Interest Amount that is not required
to be applied to make a payment or deposit in respect of a series of Notes
shall be paid to the Issuer.

                                      20

<PAGE>

          Section 3.18. Excess Available Principal Amounts Sharing.

          (a) The Shared Excess Available Principal Amount allocable to Series
[o] on any Payment Date shall be treated as Series [o] Available Principal
Amounts for such Payment Date.

          (b) The Shared Excess Available Principal Amount allocable to Series
[o] with respect to any Payment Date shall mean an amount equal to the Series
Available Principal Amount Shortfall, if any, with respect to Series [o] for
such Payment Date; provided, however, that if the aggregate amount of Shared
Excess Available Principal Amounts for all series of Notes for such Payment
Date is less than the Aggregate Series Available Principal Amounts Shortfall
for such Payment Date, then Shared Excess Available Principal Amounts
allocable to Series [o] on such Payment Date shall equal the product of (i)
Shared Excess Available Principal Amounts for all series of Notes and (ii) a
fraction, the numerator of which is the Series Available Principal Amounts
Shortfall with respect to Series [o] for such Payment Date and the denominator
of which is the aggregate amount of Aggregate Series Available Principal
Amounts Shortfall for all series of Notes for such Payment Date.

          (c) Any Shared Excess Available Principal Amount not required to be
applied to make a payment or deposit in respect of a series of Notes shall be
paid to the CARCO Trust Trustee to be applied as Excess Available Principal
Amounts pursuant to Section 4.04(a) of the Series 2002-CC Supplement.

          Section 3.19. Computation of Interest.

          (a) Interest on the Series [o] Notes shall be computed on the basis
of a 360-day year and the actual number of days elapsed in the related
Interest Period.

          (b) Unless otherwise specified in this Indenture Supplement,
interest for any period will be calculated from and including the first day of
such period to and including the last day of such period.

          Section 3.20. Variable Accumulation Period.

          The Issuer, acting directly or through the Administrator, may elect,
by written notice to the Indenture Trustee and the Beneficiary, to delay, from
time to time, the commencement of the Accumulation Period, and extend the
length of the Revolving Period, subject to the conditions set forth in this
Section 3.20; provided, however, that the Accumulation Period shall commence
no later than the first day of the Monthly Period ending immediately prior to
the Series [o] Expected Final Payment Date. Any such election by the Issuer
shall be made not later than the first day of the last scheduled Monthly
Period of the Revolving Period (including any prior extension of the Revolving
Period pursuant to this Section 3.20). The Issuer may make such election only
if the following conditions are satisfied:

          (i) the Issuer shall have delivered to the Indenture Trustee a
     certificate to the effect that the Issuer reasonably believes that the
     delay in the commencement of the

                                      21

<PAGE>

     Accumulation Period would not result in the Outstanding Dollar Principal
     Amount of the Series [o] Notes not being paid in full on the Series [o]
     Expected Principal Payment Date;

          (ii) the Note Rating Agencies shall have advised the Issuer that
     such election to delay the commencement of the Accumulation Period would
     not cause the rating of any class of any series of Notes then outstanding
     to be lowered or withdrawn; and

          (iii) the amount to be deposited in the Principal Funding Account in
     respect of Controlled Accumulation Amount shall have been adjusted.

Notwithstanding anything herein or in the Indenture to the contrary, the
Administrator may, on behalf of the Issuer, (i) perform all such calculations
as are necessary to determine whether the Accumulation Period may be delayed
pursuant to this Section 3.20 and (ii) elect to delay the Accumulation Period
pursuant to this Section 3.20.

          Section 3.21. Payments to the Issuer. As an administrative
convenience for the Issuer, the Indenture Trustee shall pay to the Beneficiary
all amounts payable hereunder to the Issuer. The Issuer shall give the
Indenture Trustee written instructions as to who the Beneficiary is or
Beneficiaries are and where to make such payments.

          Section 3.22. Payment Instructions and Monthly Noteholders' Report.
Notwithstanding anything in the Indenture or herein to the contrary, the
Issuer may amend the form of Payment Instruction for the Series [o] Notes and
the Series [o] Schedule to Monthly Noteholders' Statement from time to time
without the consent of the Indenture Trustee or any Noteholder if it receives
written confirmation from each Note Rating Agency that such amendment will not
cause a Ratings Effect.

                                  ARTICLE IV

                           Early Redemption of Notes

Section 4.01. Early Redemption Events. In addition to the events identified as
Early Redemption Events in Section 1201 of the Indenture, each of the
following events will also be an Early Redemption Event with respect to the
Series [o] Notes:

          (1) the occurrence of the Early Amortization Event specified in
     Section 901(f) of the Pooling and Servicing Agreement;

          (2) the occurrence of the Early Amortization Event specified in
     Section 9.01(g) of the Pooling and Servicing Agreement;

          (3) the occurrence of any Early Amortization Event specified in
     Section 9.01(b), (c), (d) or (e) of the Pooling and Servicing Agreement;

          (4) the occurrence of the Early Amortization Event specified in
     Section 9.01(a) of the Pooling and Servicing Agreement;

                                      22

<PAGE>

          (5) on any Payment Date, the Primary Overcollateralization Amount
     for such Payment Date is reduced to an amount less than the Required
     Primary Overcollateralization Amount on that Payment Date after giving
     effect to the distributions to be made on such Payment Date; provided
     that, for the purpose of determining whether an Early Redemption Event
     has occurred pursuant to this clause (5), any reduction of the Primary
     Overcollateralization Amount resulting from reallocations of the Series
     [o] Available Principal Amounts to pay interest on the Series [o] Notes
     in the event LIBOR is equal to or greater than the prime rate upon which
     interest on the Receivables is calculated on the applicable LIBOR
     Determination Date will be considered an Early Redemption Event only if
     LIBOR remains equal to or greater than such prime rate for the next 30
     consecutive days following such LIBOR Determination Date ;

          (6) any Service Default occurs;

          (7) on any Determination Date, as of the last day of the preceding
     Collection Period, the aggregate amount of Principal Receivables relating
     to Used Vehicles exceeds 20% of the Pool Balance on that last day;

          (8) on any Determination Date, the average of the Monthly Payment
     Rates for the three preceding Collection Periods is less than 20%;

          (9) the Outstanding Dollar Principal Amount of the Series [o] Notes
     is not repaid by the Series [o] Expected Principal Payment Date;

          (10) the Issuer becomes an investment company within the meaning of
     the Investment Company Act of 1940; and

          (11) the occurrence of an Event of Default with respect of the
     Series [o] Notes.

          Notwithstanding the foregoing in this Section 4.01, in the case of
any event described in clause (1), (2) or (6) above, an Early Redemption Event
with respect to Series [o] will be deemed to have occurred only if, after the
applicable grace period described in such clause, if any, either the Indenture
Trustee or Series [o] Noteholders holding Series [o] Notes evidencing more
than 50% of the Outstanding Dollar Principal Amount of the Series [o] Notes by
written notice to the Seller, the Servicer, the CARCO Trust Trustee and the
Indenture Trustee, if given by Series [o] Noteholders, declare that an Early
Redemption Event with respect to the Series [o] Notes has occurred as of the
date of that notice. In the case of any Early Redemption Event described in
Section 9.01(h) of the Pooling and Servicing Agreement or any event described
in clause (3), (4), (5), (7), (8), (9), (10) or (11) above, an Early
Redemption Event with respect to the Series [o] Notes shall be deemed to have
occurred without any notice or other action on the part of the Indenture
Trustee or the Series [o] Noteholders immediately upon the occurrence of such
event.

          Notwithstanding the foregoing in this Section 4.01, if (x) an Early
Redemption Period results from the failure by DCWR to convey Receivables in
Additional Accounts to the CARCO Trust, as described in clause (4) above
during the Revolving Period, (y) no other Early

                                      23

<PAGE>

Redemption Event that has not been cured or waived in accordance with the
Indenture has occurred and (z) each Note Rating Agency has confirmed that
recommencing the Revolving Period will not cause a Ratings Effect, then the
Early Redemption Period resulting from such failure will terminate and the
Revolving Period will recommence as of the end of the first Collection Period
during which the Seller would no longer be required to convey Receivables in
Additional Accounts to the CARCO Trust; provided that the Revolving Period
will not recommence if the scheduled termination date of the Revolving Period
has occurred.

          Notwithstanding the foregoing in this Section 4.01, if an Early
Redemption Event (other than the Early Redemption Event specified in clause
(3) above and any of the Early Redemption Events specified in Section 1201(c)
of the Indenture) has occurred and the scheduled termination of the Revolving
Period has not occurred, the Indenture Trustee shall request from Standard &
Poor's a confirmation that such Early Redemption Event will not cause a
Ratings Effect. If the Indenture Trustee receives such confirmation and the
Majority Holders of Series [o] Notes consent to the recommencement of the
Revolving Period, the related Early Redemption Period shall terminate and the
Revolving Period shall recommence.

                                  ARTICLE V

                           Accounts and Investments

          Section 5.01. Accounts.

          (a) Accounts; Deposits to and Distributions from Accounts. On or
before the Issuance Date, the Indenture Trustee will cause to be established
and maintained two Qualified Accounts denominated as follows: the "Interest
Funding Account" and the "Principal Funding Account" (collectively, the
"Series [o] Accounts") in the name of the Indenture Trustee, bearing a
designation clearly indicating that the funds deposited therein are held for
the benefit of the Series [o] Noteholders. The Series [o] Accounts constitute
Supplemental Accounts and shall be under the sole dominion and control of the
Indenture Trustee for the benefit of the Series [o] Noteholders. If, at any
time, the institution holding any Series [o] Account ceases to be a Qualified
Institution, the Issuer will within ten (10) Business Days (or such longer
period, not to exceed thirty (30) calendar days, as to which each Note Rating
Agency may consent) establish a new applicable Series [o] Account, that is a
Qualified Account and shall transfer any cash and/or investments to such new
Series [o] Account. From the date such new Series [o] Account is established,
it will be a Series [o] Account, bearing the name of the Series [o] Account it
has replaced.

          (b) All payments to be made from time to time by the Indenture
Trustee to Series [o] Noteholders out of funds in the Series [o] Accounts
pursuant to this Indenture Supplement will be made by the Indenture Trustee to
the Paying Agent not later than 12:00 noon on the applicable Interest Payment
Date or Principal Payment Date but only to the extent of funds in the
applicable Account or as otherwise provided in Article III.

                                      24

<PAGE>

          IN WITNESS WHEREOF, the parties hereto have caused this Indenture
Supplement to be duly executed as of the day and year first above written.

                      DAIMLERCHRYSLER MASTER OWNER TRUST,

                      By: DaimlerChrysler Wholesale Receivables LLC,
                      as Beneficiary and not in its individual capacity

                      By:
                         ----------------------------------------------
                         Name:  J.S. Bodner
                         Title: Assistant Controller

                      THE BANK OF NEW YORK,
                       as Indenture Trustee and not in its individual capacity

                      By:
                         ----------------------------------------------
                         Name:
                         Title:

<PAGE>

                                                                     EXHIBIT A
                                                                     ---------

                           [FORM OF] SERIES [o] NOTE

          UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE ISSUER OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR TO SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO.
OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF
DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.

          THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND
AGREES THAT IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE ISSUER,
DAIMLERCHRYSLER WHOLESALE RECEIVABLES LLC OR THE CARCO AUTO LOAN MASTER TRUST,
OR JOIN IN ANY INSTITUTION AGAINST THE ISSUER, DAIMLERCHRYSLER WHOLESALE
RECEIVABLES LLC OR THE CARCO AUTO LOAN MASTER TRUST, OF, ANY BANKRUPTCY
PROCEEDINGS UNDER ANY UNITED STATES FEDERAL OR STATE BANKRUPTCY OR SIMILAR LAW
IN CONNECTION WITH ANY OBLIGATIONS RELATING TO THE NOTES OR THE INDENTURE.

          THE HOLDER OF THIS NOTE, BY ACCEPTANCE OF THIS NOTE, AND EACH HOLDER
OF A BENEFICIAL INTEREST IN THIS NOTE, BY THE ACQUISITION OF A BENEFICIAL
INTEREST THEREIN, AGREE TO TREAT THE NOTES AS INDEBTEDNESS OF DAIMLERCHRYSLER
WHOLESALE RECEIVABLES LLC FOR APPLICABLE FEDERAL, STATE AND LOCAL INCOME AND
FRANCHISE TAX LAW AND FOR PURPOSES OF ANY OTHER TAX IMPOSED ON OR MEASURED BY
INCOME.

          BY ACCEPTING AN INTEREST IN THIS NOTE, EACH OWNER OR HOLDER OF SUCH
INTEREST SHALL ACKNOWLEDGE AND AGREE THAT THE NOTES MAY NOT BE PURCHASED WITH
THE ASSETS OF EITHER AN EMPLOYEE BENEFIT PLAN, AS DEFINED IN SECTION 3(3) OF
THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"),
THAT IS SUBJECT TO ERISA OR A PLAN, AS DEFINED IN SECTION 4975(E)(1) OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED, IF DAIMLERCHRYSLER WHOLESALE
RECEIVABLES LLC, AN UNDERWRITER FOR THE NOTES, THE INDENTURE TRUSTEE, THE
OWNER TRUSTEE OR ANY OF THEIR AFFILIATES (I) HAS INVESTMENT OR ADMINISTRATIVE
DISCRETION WITH RESPECT TO THE ASSETS OF SUCH PLAN, (II) HAS AUTHORITY OR
RESPONSIBILITY TO GIVE, OR REGULARLY GIVES, INVESTMENT ADVICE WITH RESPECT TO
THOSE PLAN ASSETS FOR A FEE AND PURSUANT TO AN UNDERSTANDING OR AGREEMENT THAT
SUCH ADVICE WILL SERVE AS A PRIMARY BASIS FOR INVESTMENT DECISIONS WITH
RESPECT TO

                                     A-1

<PAGE>

THOSE PLAN ASSETS AND WILL BE BASED ON THE PARTICULAR INVESTMENT NEEDS FOR
SUCH PLAN OR (III) IS AN EMPLOYER MAINTAINING OR CONTRIBUTING TO SUCH PLAN.

                                     A-2

<PAGE>

REGISTERED                                                          $_________
No. __                                                   CUSIP NO. 23384B AC 7

                      DAIMLERCHRYSLER MASTER OWNER TRUST

         FLOATING RATE AUTO DEALER LOAN ASSET BACKED NOTES, SERIES [o]

          DaimlerChrysler Master Owner Trust, a statutory business trust
created under the laws of the State of Delaware (herein referred to as the
"Issuer"), for value received, hereby promises to pay to CEDE & CO., or
registered assigns, subject to the following provisions, a principal sum of
______________________________ DOLLARS ONLY payable on the [o] Payment Date
(the "Expected Principal Payment Date"), except as otherwise provided below or
in the Indenture; provided, however, that the entire unpaid principal amount
of this Note shall be due and payable on the [o] Payment Date (the "Legal
Maturity Date"). On each Interest Payment Date, the Issuer will pay interest
on the outstanding principal of this Note at the per annum rate equal to the
applicable LIBOR (determined as provided in the Indenture Supplement referred
to within) plus [o]%. Interest will accrue on this Note from each Interest
Payment Date (or, in the case of the first Interest Payment Date, from the
date of issuance of this Note) to but excluding the following Interest Payment
Date. Interest will be computed on the basis of a 360-day year and the actual
number of days elapsed. Such principal of and interest on this Note shall be
paid in the manner specified on the reverse hereof.

          The principal of and interest on this Note are payable in such coin
or currency of the United States of America as at the time of payment is legal
tender for payment of public and private debts. All payments made by the
Issuer with respect to this Note shall be applied first to interest due and
payable on this Note as provided above and then to the unpaid principal of
this Note.

          Reference is made to the further provisions of this Note set forth
on the reverse hereof, which shall have the same effect as though fully set
forth on the face of this Note.

          Unless the certificate of authentication hereon has been executed by
the Indenture Trustee whose name appears below by manual signature, this Note
shall not be entitled to any benefit under the Indenture referred to on the
reverse hereof, or be valid or obligatory for any purpose.

                                     A-3

<PAGE>

          IN WITNESS WHEREOF, the Issuer has caused this instrument to be
signed, manually or in facsimile, by its Authorized Officer.

                        DAIMLERCHRYSLER MASTER OWNER TRUST,
                          as Issuer

                        By:  DAIMLERCHRYSLER WHOLESALE
                             RECEIVABLES LLC, not in its individual capacity
                             but solely as Beneficiary under the Trust Agreement

                        By:  CHRYSLER FINANCIAL RECEIVABLES
                             CORPORATION, a member

                        By:
                           --------------------------------
                           Name:
                           Title:

                        Date:
                               ---------------------

               INDENTURE TRUSTEE'S CERTIFICATE OF AUTHENTICATION

          This is one of the Notes designated above and referred to in the
within-mentioned Indenture.

                                        THE BANK OF NEW YORK, not in its
                                         individual capacity but solely as
                                         Indenture Trustee

                                        By:
                                           ----------------------
                                           Name:
                                           Title:

                                        Date:
                                              ---------------------

                                     A-4

<PAGE>

                               [REVERSE OF NOTE]

          This Note is one of a duly authorized issue of Notes of the Issuer,
designated as its Floating Rate Auto Dealer Loan Asset Backed Notes, Series
[o] (the "Notes" or "Series [o] Notes"), all issued under an Indenture, dated
as of June 1, 2002 (as amended, restated and supplemented from time to time,
the "Indenture"), as supplemented by a Series [o] Indenture Supplement, dated
as of [o] 1, [o] (as amended, restated and supplemented from time to time, the
"Indenture Supplement"), each between the Issuer and The Bank of New York, as
indenture trustee (the "Indenture Trustee," which term includes any successor
Indenture Trustee under the Indenture), to which Indenture and all indentures
supplemental thereto reference is hereby made for a statement of the
respective rights and obligations thereunder of the Issuer, the Indenture
Trustee and the Holders of the Notes. The Notes are subject to all terms of
the Indenture and the Indenture Supplement. All terms used in this Note that
are defined in the Indenture or the Indenture Supplement, each as supplemented
or amended, shall have the meanings assigned to them in or pursuant to the
Indenture or the Indenture Supplement.

          The Notes are and will be equally and ratably secured by the
collateral pledged as security therefor as provided in the Indenture.

          Principal of the Notes will be payable on the Expected Principal
Payment Date in an amount described on the face hereof. Upon the occurrence of
certain events specified in the Indenture or the Indenture Supplement,
payments of principal of the Notes may be made prior to or after the Expected
Principal Payment Date.

          As described above, the entire unpaid principal amount of this Note
shall be due and payable on the Legal Maturity Date. Notwithstanding the
foregoing, the entire unpaid principal amount of the Notes may be due and
payable following an Event of Default in the manner provided in Section 702 of
the Indenture; provided, however, that such acceleration of the entire unpaid
principal amount of the Notes may be rescinded by the holders of not less than
a majority of the Outstanding Dollar Principal Amount of the Notes. All
principal payments on the Notes shall be made pro rata to the Noteholders
entitled thereto.

          On any day occurring on or after the date on which the aggregate
Nominal Liquidation Amount of the Series [o] Notes is reduced to less than 10%
of the Initial Dollar Principal Amount of the Series [o] Notes, the Servicer
has the right, but not the obligation, to cause the Issuer to redeem the
Series [o] Notes in whole but not in part, pursuant to Section 1202 of the
Indenture equal the Outstanding Dollar Principal Amount of the Series [o]
Notes, plus interest accrued and unpaid to but excluding the date of
redemption.

          Subject to the terms and conditions of the Indenture, the
Beneficiary may, from time to time, direct the Owner Trustee, on behalf of the
Issuer, to issue one or more series or classes of Notes.

          On each Payment Date, the Paying Agent shall distribute to each
Series [o] Noteholder of record on the related Record Date (except for the
final distribution with respect to this Note) such Series [o] Noteholder's pro
rata share of the amounts held by the Paying Agent that are allocated and
available on such Payment Date to pay interest and principal on the Series

                                     A-5

<PAGE>

[o] Notes. Final payments of this Note will be made only upon presentation and
surrender of this Note at the office or offices therein specified.

          Payments of interest on this Note due and payable on each Payment
Date, together with the installment of principal, if any, to the extent not in
full payment of this Note, shall be made by check mailed to the Person whose
name appears as the Registered Holder of this Note (or one or more Predecessor
Notes) on the Note Register as of the close of business on each Record Date,
except that with respect to Notes registered on the Record Date in the name of
the nominee of the clearing agency (initially, such nominee to be Cede & Co.),
payments will be made by wire transfer in immediately available funds to the
account designated by such nominee. Such checks shall be mailed to the Person
entitled thereto at the address of such Person as it appears on the Note
Register as of the applicable Record Date without requiring that this Note be
submitted for notation of payment. Any reduction in the principal amount of
this Note (or any one or more Predecessor Notes) effected by any payments made
on any Payment Date shall be binding upon all future Holders of this Note and
of any Note issued upon the registration of transfer hereof or in exchange
hereof or in lieu hereof, whether or not noted hereon. If funds are expected
to be available, as provided in the Indenture, for payment in full of the then
remaining unpaid principal amount of this Note on a Payment Date, then the
Indenture Trustee, in the name of and on behalf of the Issuer, will notify the
Person who was the Registered Holder hereof as of the Record Date preceding
such Payment Date by notice mailed within five days of such Payment Date and
the amount then due and payable shall be payable only upon presentation and
surrender of this Note at the Indenture Trustee's principal Corporate Trust
Office or at the office of the Indenture Trustee's agent appointed for such
purposes located in the City of New York.

          As provided in the Indenture and subject to certain limitations set
forth therein, the transfer of this Note may be registered on the Note
Register upon surrender of this Note for registration of transfer at the
office or agency designated by the Issuer pursuant to the Indenture, duly
endorsed by, or accompanied by a written instrument of transfer in form
satisfactory to the Indenture Trustee duly executed by, the Holder hereof or
his attorney duly authorized in writing, with such signature guaranteed by a
commercial bank or trust company located, or having a correspondent located,
in the City of New York or the city in which the Corporate Trust Office is
located, or a member firm of a national securities exchange, and such other
documents as the Indenture Trustee may require, and thereupon one or more new
Notes of authorized denominations and in the same aggregate principal amount
will be issued to the designated transferee or transferees. No service charge
will be charged for any registration of transfer or exchange of this Note, but
the transferor may be required to pay a sum sufficient to cover any tax or
other governmental charge that may be imposed in connection with any such
registration of transfer or exchange.

          Each Noteholder or Note Owner, by acceptance of a Note or, in the
case of a Note Owner, a beneficial interest in a Note covenants and agrees
that no recourse may be taken, directly or indirectly, with respect to the
obligations of the Issuer, the Owner Trustee or the Indenture Trustee on the
Notes or under the Indenture or any certificate or other writing delivered in
connection therewith, against (i) the Indenture Trustee or the Owner Trustee
in its individual capacity, (ii) any owner of a beneficial interest in the
Issuer or (iii) any partner, owner, beneficiary, agent, officer, director or
employee of the Indenture Trustee or the Owner Trustee in

                                     A-6

<PAGE>

its individual capacity, any holder of a beneficial interest in the Issuer,
the Owner Trustee or the Indenture Trustee or of any successor or assign of
the Indenture Trustee or the Owner Trustee in its individual capacity, except
as any such Person may have expressly agreed and except that any such partner,
owner or beneficiary shall be fully liable, to the extent provided by
applicable law, for any unpaid consideration for stock, unpaid capital
contribution or failure to pay any installment or call owing to such entity.

          Each Noteholder or Note Owner, by acceptance of a Note or, in the
case of a Note Owner, a beneficial interest in a Note, covenants and agrees
that by accepting the benefits of the Indenture that it will not at any time
institute against DaimlerChrysler Wholesale Receivables LLC, the CARCO Trust
or the Issuer, or join in any institution against DaimlerChrysler Wholesale
Receivables LLC, the CARCO Trust or the Issuer of, any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceedings, or other
proceedings under any United States Federal or state bankruptcy or similar law
in connection with any obligations relating to the Notes, the Indenture or any
Derivative Agreement.

          Prior to the due presentment for registration of transfer of this
Note, the Issuer, the Indenture Trustee and any agent of the Issuer or the
Indenture Trustee may treat the Person in whose name this Note (as of the day
of determination or as of such other date as may be specified in the
Indenture) is registered as the owner hereof for all purposes, whether or not
this Note is overdue, and neither the Issuer, the Indenture Trustee nor any
such agent shall be affected by notice to the contrary.

          The Indenture permits, with certain exceptions as therein provided,
the amendment thereof and the modification of the rights and obligations of
the Issuer and the rights of the Holders of the Notes under the Indenture at
any time by the Issuer with the consent of the Holders of Notes representing
not less than a majority of the Outstanding Dollar Principal Amount of all
Notes at the time Outstanding. The Indenture also contains provisions
permitting the Holders of Notes representing specified percentages of the
Outstanding Dollar Principal Amount of the Notes, on behalf of the Holders of
all the Notes, to waive compliance by the Issuer with certain provisions of
the Indenture and certain past defaults under the Indenture and their
consequences. Any such consent or waiver by the Holder of this Note (or any
one of more Predecessor Notes) shall be conclusive and binding upon such
Holder and upon all future Holders of this Note and of any Note issued upon
the registration of transfer hereof or in exchange hereof or in lieu hereof
whether or not notation of such consent or waiver is made upon this Note. The
Indenture also permits the Indenture Trustee to amend or waive certain terms
and conditions set forth in the Indenture without the consent of Holders of
the Notes issued thereunder.

          The term "Issuer" as used in this Note includes any successor to the
Issuer under the Indenture.

          The Issuer is permitted by the Indenture, under certain
circumstances, to merge or consolidate, subject to the rights of the Indenture
Trustee and the Holders of Notes under the Indenture.

                                     A-7

<PAGE>

          The Notes are issuable only in registered form in denominations as
provided in the Indenture, subject to certain limitations therein set forth.

          THIS NOTE AND THE INDENTURE AND THE INDENTURE SUPPLEMENT WILL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW
YORK, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS (OTHER THAN SECTION
5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW) AND THE OBLIGATIONS, RIGHTS
AND REMEDIES OF THE PARTIES HEREUNDER AND THEREUNDER SHALL BE DETERMINED IN
ACCORDANCE WITH SUCH LAWS.

          No reference herein to the Indenture and no provision of this Note
or of the Indenture shall alter or impair the obligation of the Issuer, which
is absolute and unconditional, to pay the principal of and interest on this
Note at the times, place, and rate, and in the coin or currency herein
prescribed.

          No recourse may be taken, directly or indirectly, with respect to
the obligations of the Issuer on the Notes or under the Indenture or any
certificate or other writing delivered in connection herewith or therewith,
against (i) the Owner Trustee in its individual capacity, (ii) any owner of a
beneficial interest in the Issuer or (iii) any partner, owner, beneficiary,
agent, officer, director, employee or agent of the Owner Trustee in its
individual capacity, any holder of a beneficial interest in the Issuer or the
Owner Trustee or of any successor or assign of the Owner Trustee in its
individual capacity, except as any such Person may have expressly agreed (it
being understood that the Owner Trustee has no such obligations in its
individual capacity). The Holder of this Note by the acceptance hereof agrees
that, except as expressly provided in the Indenture and the Indenture
Supplement in the case of an Event of Default under the Indenture, the Holder
shall have no claim against any of the foregoing for any deficiency, loss or
claim therefrom; provided, however, that nothing contained herein shall be
taken to prevent recourse to, and enforcement against, the assets of the
Issuer for any and all liabilities, obligations and undertakings contained in
the Indenture or in this Note.

                                     A-8

<PAGE>

                                  ASSIGNMENT

Social Security or taxpayer I.D.  or other identifying number of assignee

___________________________

FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto

(name and address of assignee)

the within Note and all rights thereunder, and hereby irrevocably constitutes
and appoints attorney, to transfer said Note on the books kept for
registration thereof, with full power of substitution in the premises.

Dated:                                                                       *
      -----------------------------    --------------------------------------
                                           Signature Guaranteed:

--------------------
* NOTE: The signature to this assignment must correspond with the name of the
registered owner as it appears on the face of the within Note in every
particular, without alteration, enlargement or any change whatsoever.

                                     A-9

<PAGE>

                                                                     EXHIBIT B

             [FORM OF] SERIES [o] SCHEDULE TO PAYMENT INSTRUCTION

                   DAIMLERCHRYSLER WHOLESALE RECEIVABLES LLC

                        -------------------------------

                      DAIMLERCHRYSLER MASTER OWNER TRUST

                        -------------------------------

     Unless otherwise indicated, capitalized terms used in this schedule to
     the Payment Instruction have their respective meanings set forth in the
     Indenture; provided that the "preceding Monthly Period" shall mean the
     Monthly Period immediately preceding the calendar month in which this
     Payment Instruction is delivered. This Payment Instruction is delivered
     pursuant to Section 908 of the Indenture.

     The date of this schedule to the Payment Instruction is a Transfer Date.

1.   Allocations of Available Interest Amounts:

     A.  Available Interest Amounts applicable to Series [o]...........$_______

2.   Allocations of Available Principal Amounts:

     A.  Available Principal Amounts applicable to Series [o]..........$_______

3.   Components of Series [o] Available Principal Amounts

     A.  Available Principal Amount allocated to Series [o]............$_______

     B.  Pursuant to Section 3.01(d) of Indenture Supplement...........$_______

     C.  Pursuant to Section 3.01(e) of Indenture Supplement...........$_______

4.   Series [o] Floating Allocation Percentage.........................$_______

5.   Series [o] Principal Allocation Percentage........................$_______

6.   Series [o] Note Interest Rate....................................._______%

7.   Series [o] Monthly Interest.......................................$_______

8.   Series [o] Excess Available Interest Amount.......................$_______

9.   Series [o] Excess Available Principal Amount......................$_______

10.  PFA Earnings Shortfall............................................$_______

11.  PFA Earnings......................................................$_______

                                     B-1

<PAGE>

          IN WITNESS WHEREOF, the undersigned has duly executed and delivered
this Payment Instruction this ____ day of __________, ____.

                                 DAIMLERCHRYSLER MASTER OWNER
                                 TRUST

                                 By DaimlerChrysler Services North
                                 America LLC, as Servicer of the CARCO Trust
                                 and administrator of the DaimlerChrysler
                                 Master Owner Trust

                                 By:
                                    ------------------------------------
                                    Name:
                                    Title:

                                     B-2

<PAGE>

                                                                     EXHIBIT C

        [FORM OF] SERIES [o] SCHEDULE TO MONTHLY NOTEHOLDERS' STATEMENT

                             Date: ______ __, ____

                      DAIMLERCHRYSLER MASTER OWNER TRUST

                    MONTHLY PERIOD ENDING _______ __, ____

          Reference is made to (i) the Series 2002-CC Supplement, dated as of
June 1, 2002 (the "Series 2002-CC Supplement"), among DaimlerChrysler
Wholesale Receivables LLC, as Seller, DaimlerChrysler Services North America
LLC, as Servicer, and The Bank of New York, as Trustee, and (ii) the
Indenture, dated as of June 1, 2002 (the "Indenture"), between Daimler
Chrysler Master Owner Trust, as Issuer, and The Bank of New York, as Indenture
Trustee. Terms used herein and not defined herein have the meanings ascribed
to them in the Series 2002-CC Supplement, the Indenture and the related
Indenture Supplements, as applicable.

          The following computations are prepared with respect to the Payment
Date of _______ __, ____ and with respect to the performance of the
DaimlerChrysler Master Owner Trust during the related Collection Period and
the Series [o] Notes.

A.   Reductions of and Increases to Series [o] Nominal Liquidation Amount:

<TABLE>
<CAPTION>
                                 [Increases
                                    from                                                Reductions
                                   amounts                                                  due       Effect of
                                  withdrawn                                                 to       Deposits to
   Series [o]                     from the                                                amounts         or
    Nominal        Increases      Principal                  Reductions                     on       Withdrawals
  Liquidation         from         Funding     Reimburse-      due to                    deposits        from         Current
   Amount for      accretions   in respect of  ments from   reallocations  Reductions     in the         the        Series [o]
     prior        on Principal   Prefunding     Available   of Available     due to      Principal      Excess        Nominal
   Collection     for Discount     Excess       Interest     Principal      Investor      Funding      Funding      Liquidation
     Period          Notes        Account]       Amounts      Amounts     Charge-Offs     Account      Account        Amount
--------------- -------------- --------------- ----------- -------------- ----------- -------------- ----------- -----------------
<S>             <C>            <C>             <C>         <C>            <C>         <C>            <C>         <C>

                                                               C-1
</TABLE>

<PAGE>

     IN WITNESS WHEREOF, the undersigned has duly executed and delivered this
     Monthly Noteholders' Statement this __th day of __________, _____.

                                     DAIMLERCHRYSLER MASTER OWNER
                                     TRUST

                                     By  DaimlerChrysler Services North America
                                         LLC, as Administrator on behalf of the
                                         Beneficiary

                                     By
                                         --------------------------------------
                                         Name:
                                         Title:Exhibit 4.5
                                                        (includes Exhibit 3.3)

                                                                EXECUTION COPY

==============================================================================

                      DAIMLERCHRYSLER MASTER OWNER TRUST

                                TRUST AGREEMENT

                           dated as of June 1, 2002

                                    between

                  DAIMLERCHRYSLER WHOLESALE RECEIVABLES LLC,
                       as Beneficiary and as Transferor,

                                      and

                CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION,
                               as Owner Trustee

==============================================================================

<PAGE>

<TABLE>
<CAPTION>
                                             TABLE OF CONTENTS

                                                ARTICLE I.

                                                DEFINITIONS

<S>           <C>
Section 1.01  Definitions................................................................................1
Section 1.02  Generic Terms..............................................................................3

                                                ARTICLE II.

              ORGANIZATION; DECLARATION OF TRUST BY THE OWNER TRUSTEE; COLLATERAL CERTIFICATE

Section 2.01  Formation of Trust; Name...................................................................3
Section 2.02  Transfer of Property to Trust; Initial Capital Contribution of Trust Estate................3
Section 2.03  Purposes and Powers; Trust To Operate as a Single Purpose Entity...........................3
Section 2.04  Appointment of Owner Trustee...............................................................6
Section 2.05  Declaration of Trust.......................................................................6
Section 2.06  Title to Trust Estate......................................................................6
Section 2.07  Nature of Interest in the Trust Estate.....................................................6
Section 2.08  Creation of Trust; Principal Office of Owner Trustee.......................................6
Section 2.09  Tax Matters................................................................................6
Section 2.10  Fiscal Year................................................................................6
Section 2.11  Transfer of Collateral Certificate.........................................................7
Section 2.12  Closing....................................................................................7
Section 2.13  Books and Records..........................................................................7
Section 2.14  Series 2002-CC Certificateholder...........................................................7
Section 2.15  Representations and Warranties of the Transferor...........................................7
Section 2.16  Protection of Title to Collateral Certificate..............................................8
Section 2.17  Assignment to Indenture Trustee............................................................9
Section 2.18  Merger or Consolidation of, or Assumption of the Obligations of, Transferor................9
Section 2.19  Limitation on Liability of Transferor and Others...........................................9

                                               ARTICLE III.

                             REPRESENTATIONS AND WARRANTIES OF THE BENEFICIARY

Section 3.01  Representations and Warranties of the Beneficiary.........................................10

                                                ARTICLE IV.

                                          DISTRIBUTIONS OF FUNDS

Section 4.01  Distribution of Funds.....................................................................11
Section 4.02  Payments from Trust Estate Only...........................................................11
Section 4.03  Method of Payment.........................................................................11
Section 4.04  Establishment of Account..................................................................11

<PAGE>

                                                ARTICLE V.

                                        DUTIES OF THE OWNER TRUSTEE

Section 5.01  Action Upon Instructions..................................................................11
Section 5.02  No Duty to Act Under Certain Circumstances................................................12
Section 5.03  No Duties Except Under Specified Agreements or Instructions...............................12
Section 5.04  Trust Operation...........................................................................13
Section 5.05  Execution of Documents....................................................................13
Section 5.06  Nonpetition Covenants.....................................................................13

                                                ARTICLE VI.

                                        CONCERNING THE TRUSTEE BANK

Section 6.01  Acceptance of Trust and Duties............................................................14
Section 6.02  Furnishing of Documents...................................................................15
Section 6.03  Representations and Warranties as to the Trust Estate.....................................15
Section 6.04  Signature of Periodic Filings.............................................................15
Section 6.05  Reliance; Advice of Counsel...............................................................15
Section 6.06  Not Acting in Individual Capacity.........................................................15
Section 6.07  Representations and Warranties............................................................15

                                               ARTICLE VII.

                                      TERMINATION OF TRUST AGREEMENT

Section 7.01  Termination of Trust Agreement............................................................16

                                               ARTICLE VIII.

                     SUCCESSOR OWNER TRUSTEES, CO-TRUSTEES AND SEPARATE OWNER TRUSTEES

Section 8.01  Resignation and Removal of the Owner Trustee; Appointment of Successors...................16
Section 8.02  Transfer Procedures.......................................................................16
Section 8.03  Qualification of Owner Trustee............................................................17
Section 8.04  Co-trustees and Separate Owner Trustees...................................................17

                                                ARTICLE IX.

                                                AMENDMENTS

Section 9.01  Amendments................................................................................17

                                                ARTICLE X.

                                            OWNERSHIP INTEREST

Section 10.01  Ownership Interest; Prohibitions on Transfer.............................................18

                                                    ii

<PAGE>

                                                ARTICLE XI.

                             COMPENSATION OF TRUSTEE BANK AND INDEMNIFICATION

Section 11.01  Trustee Bank Fees and Expenses...........................................................19
Section 11.02  Indemnification..........................................................................19

                                               ARTICLE XII.

                                               MISCELLANEOUS

Section 12.01  Conveyance by the Owner Trustee is Binding...............................................19
Section 12.02  Instructions; Notices....................................................................19
Section 12.03  Severability.............................................................................20
Section 12.04  Limitation of Liability..................................................................20
Section 12.05  Separate Counterparts....................................................................20
Section 12.06  Successors and Assigns...................................................................20
Section 12.07  Headings.................................................................................20
Section 12.08  Governing Law............................................................................21
Section 12.09  No Recourse..............................................................................21
Section 12.10  Acceptance of Terms of Agreement.........................................................21

EXHIBIT A      CERTIFICATE OF TRUST OF DAIMLERCHRYSLER
                 MASTER OWNER TRUST....................................................................A-1

                                                   iii
</TABLE>

          TRUST AGREEMENT dated as of June 1, 2002, between DAIMLERCHRYSLER
WHOLESALE RECEIVABLES LLC, a Delaware limited liability company ("DCWR"), as
Beneficiary and as Transferor, and CHASE MANHATTAN BANK USA, NATIONAL
ASSOCIATION, a national banking association, as owner trustee (the "Owner
Trustee").

          In consideration of the mutual agreements herein contained and other
good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto, intending to be legally bound hereby,
agree as follows:

                                  ARTICLE I.

                                  DEFINITIONS

          Section 1.01 Definitions. (a) Capitalized terms used herein and not
defined herein have the meaning assigned to them in the Series 2002-CC
Supplement, the Pooling and Servicing Agreement or the Indenture. For purposes
of this Agreement, the following terms have the following meanings:

          "Agreement" means this Trust Agreement, as the same may be amended,
modified or supplemented from time to time.

          "Beneficiary" means DCWR, as beneficial owner of the Trust, and each
Permitted Affiliate Transferee or other permitted transferee under Section
10.02.

          "Beneficiary Trust Account" means the account established by the
Owner Trustee on behalf of the Trust in accordance with Section 4.04.

          "CARCO Receivables Trust" means CARCO Auto Loan Master Trust.

          "CARCO Receivables Trust Trustee" means The Bank of New York, as
trustee under the Pooling and Servicing Agreement, and each successor trustee
under the Pooling and Servicing Agreement.

          "Certificate of Trust" means the Certificate of Trust substantially
in the form attached hereto as Exhibit B which has been filed for the Trust
pursuant to Section 3810(a) of the Delaware Business Trust Act.

          "Code" means the Internal Revenue Code of 1986, as it may be amended
from time to time.

          "Collateral Certificate" means the Series 2002-CC Certificate issued
pursuant to the Pooling and Servicing Agreement and the Series 2002-CC
Supplement, as amended, supplemented, restated or otherwise modified from time
to time.

          "Delaware Business Trust Act" means the Delaware Business Trust Act,
12 Del. C. ss. 3801, et seq., as amended from time to time, and any successor
statute thereto.

          "Disqualification Event" with respect to the Owner Trustee means (a)
the bankruptcy, insolvency or dissolution of the Owner Trustee, (b) the
occurrence of the date of resignation of the Owner Trustee, as set forth in a
notice of resignation given pursuant to Section 8.01, or (c) the delivery to
the Owner Trustee of the instrument or instruments of removal referred to in
Section 8.01 (or, if such instruments specify a later effective date of
removal, the occurrence of such later date), or (d) failure of the Owner
Trustee to qualify under the requirements of Section 8.03.

          "Governmental Authority" means the United States of America, any
state or other political subdivision thereof and any entity exercising
executive, legislative, judicial, regulatory or administrative functions of or
pertaining to government.

          "Indemnified Person" is defined in Section 11.02.

<PAGE>

          "Indenture" means the Indenture dated as of June 1, 2002 between the
Trust and the Indenture Trustee, which by its terms is identified as being the
Indenture referred to herein, as amended, restated, supplemented or otherwise
modified from time to time.

          "Indenture Collateral" is defined in Section 2.11(b).

          "Indenture Trustee" means The Bank of New York, as trustee under the
Indenture, and each successor trustee under the Indenture.

          "Note" is defined in the Indenture.

          "Noteholder" is defined in the Indenture.

          "Note Rating Agency" is defined in the Indenture.

          "Owner Trustee" means Chase Manhattan Bank USA, National
Association, a national banking association, not in its individual capacity
but solely in its capacity as owner trustee hereunder, and each successor
trustee under Article VIII, in its capacity as owner trustee hereunder, and
each co-trustee under and to the extent provided in Section 8.04, in its
capacity as owner trustee hereunder.

          "Ownership Interest" means the ownership interest of the Beneficiary
in the Trust hereunder, together with the rights and privileges set forth in
Section 10.01, which shall constitute the sole beneficial interest in the
Trust within the meaning of the Delaware Business Trust Act.

          "Person" means any legal person, including any individual,
corporation, partnership (general or limited), limited liability company,
joint venture, association, joint-stock company, trust, unincorporated
organization, governmental entity or other entity of similar nature.

          "Periodic Filing" means any filing or submission that the Trust is
required to make with any Governmental Authority.

          "Permitted Affiliate Transferee" is defined in Section 10.01.

          "Pooling and Servicing Agreement" means the Amended and Restated
Pooling and Servicing Agreement, dated as of December 5, 2001, among DCWR,
DaimlerChrysler Services North America LLC, as Servicer, and The Bank of New
York, as CARCO Receivables Trustee, as amended, restated, supplemented or
otherwise modified from time to time, including as supplemented by the Series
2002-CC Supplement.

          "Requirements of Law" shall mean, for any Person, the certificate of
incorporation or articles of association and by-laws or other organizational
or governing documents of such Person, and any law, treaty, rule or
regulation, or determination of an arbitrator or Governmental Authority, in
each case applicable to or binding upon such Person or to which such Person is
subject, whether federal, state or local.

          "Secretary of State" means the Office of the Secretary of State of
the State of Delaware.

          "Securities Act" means the Securities Act of 1933, as amended.

          "Series 2002-CC Supplement" means the Series 2002-CC Supplement to
the Pooling and Servicing Agreement, which by its terms is identified as being
the Series 2002-CC Supplement referred to herein, as amended, restated,
supplemented or otherwise modified from time to time.

          "Transaction Documents" mean the Indenture, any Indenture Supplement
thereto, the Certificate of Trust, the Administration Agreement and other
documents delivered in connection herewith and therewith.

                                      2

<PAGE>

          "Transferor" means DaimlerChrysler Wholesale Receivables LLC, a
Delaware limited liability company, and its successors and assigns.

          "Trust" means the trust created by this Agreement and the filing of
the Certificate of Trust with the Secretary of State.

          "Trust Estate" is defined in Section 2.05.

          "Trustee Bank" means Chase Manhattan Bank USA, National Association
in its individual capacity, each bank appointed as successor Owner Trustee
under Article VIII in its individual capacity and each bank appointed as
co-trustee under and to the extent provided in Section 8.04 in its individual
capacity.

          "UCC" means the Uniform Commercial Code as in effect in the State of
Delaware.

          Section 1.02 Generic Terms. (a) The terms "hereby," "hereof,"
"hereto," "herein," "hereunder" and any similar terms will refer to this
Agreement.

          (b) Unless otherwise indicated in context, the terms "Section,"
"Exhibit" or "Schedule" will refer to a Section of, or an Exhibit or Schedule
to, this Agreement.

          (c) Words of the masculine, feminine or neuter gender mean and
include the correlative words of other genders, and words importing the
singular number mean and include the plural number and vice versa.

          (d) The terms "include," "including" and similar terms will be
construed as if followed by the phrase "without limitation."

          (e) All terms defined in this Agreement will have the defined
meanings when used in any certificate or other document made or delivered
pursuant hereto or in connection herewith unless otherwise defined therein.

          (f) Any agreement, instrument or statute defined or referred to
herein or in any certificate or other document made or delivered pursuant
hereto or in connection herewith means such agreement, instrument or statute
as from time to time amended, modified or supplemented and includes (in the
case of agreements or instruments) references to all attachments thereto and
instruments incorporated therein; references to a Person are also to its
permitted successors and assigns.

                                  ARTICLE II.

           ORGANIZATION; DECLARATION OF TRUST BY THE OWNER TRUSTEE;
                            COLLATERAL CERTIFICATE

          Section 2.01 Formation of Trust; Name. The Trust is hereby created,
to be named "DaimlerChrysler Master Owner Trust", under which name the Owner
Trustee or the Beneficiary may conduct any activities and business of the
Trust contemplated hereby, execute contracts and other instruments on behalf
of the Trust and sue and be sued on behalf of the Trust.

          Section 2.02 Transfer of Property to Trust; Initial Capital
Contribution of Trust Estate. The Beneficiary hereby sells, assigns, grants
and transfers over to the Owner Trustee, as of the date hereof, $1.00. The
Owner Trustee hereby acknowledges receipt in trust from the Beneficiary, as of
the date hereof, of the foregoing contribution, which shall constitute the
initial Trust Estate.

          Section 2.03 Purposes and Powers; Trust To Operate as a Single
Purpose Entity. (a) The purpose of the Trust is to engage solely in a program
of acquiring interests in the CARCO Receivables Trust and issuing

                                      3

<PAGE>

Notes under the Indenture and related activities. Without limiting the
generality of the foregoing, the Trust may and shall have the power and
authority to:

               (i) acquire from DCWR the Collateral Certificate, and other
     certificates of beneficial interest, of the CARCO Receivables Trust;

               (ii) from time to time, grant a security interest in the
     Collateral Certificate, or other beneficial interests in the CARCO
     Receivables Trust, and grant a security interest in accounts established
     for the benefit of indebtedness of the Trust under the Indenture;

               (iii) from time to time authorize and approve the issuance of
     Notes pursuant to the Indenture without limitation to aggregate amounts
     and, in connection therewith, determine the terms and provisions of such
     Notes and of the issuance and sale thereof, including the following:

                    (A) determining the principal amount of the Notes;

                    (B) determining the maturity date of the Notes;

                    (C) determining the rate of interest, if any, to be paid
          on the Notes;

                    (D) determining the price or prices at which such Notes
          will be sold by the Trust;

                    (E) determining the provisions, if any, for the redemption
          of such Notes;

                    (F) determining the form, terms and provisions of the
          indentures, fiscal agency agreements or other instruments under
          which the Notes may be issued and the banks or trust companies to
          act as trustees, fiscal agents and paying agents thereunder;

                    (G) preparing and filing all documents necessary or
          appropriate in connection with the registration of the Notes under
          the Securities Act, the qualification of indentures under the Trust
          Indenture Act of 1939 and the qualification under any other
          applicable federal, foreign, state, local or other governmental
          requirements;

                    (H) preparing any prospectus, offering memorandum, private
          placement memorandum or other descriptive material relating to the
          issuance of the Notes;

                    (I) listing the Notes on any United States or non-United
          States securities exchange;

                    (J) entering into one or more interest rate or currency
          swaps, caps, collars, guaranteed investment contracts or other
          derivative agreements with counterparties (which may include,
          without limitation, DCWR or any of its affiliates) to manage
          interest rate or currency risk relating to the Notes;

                    (K) appointing a paying agent or agents for purposes of
          payments on the Notes; and

                    (L) arranging for the underwriting, subscription, purchase
          or placement of the Notes and selecting underwriters, managers and
          purchasers or agents for that purpose;

               (iv) from time to time receive payments and proceeds with
     respect to the Collateral Certificate and other certificates of
     beneficial interest in the CARCO Receivables Trust and the Indenture and
     either invest or distribute those payments and proceeds;

                                      4

<PAGE>

               (v) from time to time make deposits to and withdrawals from
     accounts established under the Indenture;

               (vi) from time to time make and receive payments pursuant to
     derivative agreements;

               (vii) from time to time make payments on the Notes;

               (viii) from time to time acquire additional collateral from
     DCWR or any special purpose vehicle established by DCWR;

               (ix) from time to time perform such obligations and exercise
     and enforce such rights and pursue such remedies as may be appropriate by
     virtue of the Trust being party to any of the agreements contemplated in
     clauses (i) through (viii) above; and

               (x) if the Collateral Certificate is the only remaining
     outstanding investor certificate issued by the CARCO Receivables Trust,
     then at the written direction of the Beneficiary dissolve the CARCO
     Receivables Trust and terminate the Pooling and Servicing Agreement,
     acquire the Receivables directly and enter into a sale and servicing
     agreement and other documents that contain, to the extent applicable, the
     sale and servicing provisions of the Pooling and Servicing Agreement and
     other documents and amend any documents to reflect the direct ownership
     of the Receivables and the provisions of the Pooling and Servicing
     Agreement and other documents.

          In connection with any of the foregoing, the Trust may (x) execute
and deliver, and/or accept, such instruments, agreements, certificates,
Uniform Commercial Code financing statements and other documents, and create
such security interests, as may be necessary or desirable in connection
therewith, and (y) subject to the terms of this Agreement, take such other
action as may be necessary, helpful or incidental to the foregoing.

          (b) The Owner Trustee and the Beneficiary, on behalf of the Trust,
are hereby authorized and shall have the power to execute and deliver from
time to time loan agreements, underwriting agreements, selling agent
agreements, purchase agreements, private placement agreements, swap and other
derivative agreements, including performance agreements, indentures, indenture
supplements, notes, security agreements, and other agreements and instruments
as are consistent with the purposes of the Trust. Without limiting the
generality of the foregoing, the Beneficiary and the Owner Trustee, on behalf
of the Trust, are specifically authorized to execute and deliver without any
further act, vote or approval, and notwithstanding any other provision of this
Agreement, the Delaware Business Trust Act or other applicable law, rule or
regulation, agreements, documents or securities relating to the purposes of
the Trust including:

               (i) the Indenture, each Indenture Supplement, each document
     related to each such document, and each other Transaction Document to
     which it is to be a party and each related document;

               (ii) the Notes;

               (iii) each interest rate or currency swap, cap, collar,
     guaranteed investment contract or other derivative agreement, including
     agreements related thereto, between the Trust and a counterparty (which
     may include, without limitation, DCWR or any of its affiliates) to manage
     interest rate or currency risk relating to the Notes; and

               (iv) any other document necessary or desirable in connection
     with the fulfillment of the purposes of the Trust described in, and
     pursuant to, Section 2.03(a).

          The authorization set forth in the preceding sentence will not be
deemed a restriction on the power and authority of the Beneficiary and the
Owner Trustee, on behalf of the Trust, to execute and deliver other
agreements, documents instruments and securities or to take other actions on
behalf of the Trust in connection with the fulfillment of the purposes of the
Trust described in, and pursuant to, Section 2.03(a).

                                      5

<PAGE>

          (c) The Owner Trustee and the Beneficiary will at all times maintain
the books, records and accounts of the Trust separate and apart from those of
any other Person, and will cause the Trust to hold itself out as being a
Person separate and apart from any other Person.

          (d) If the Trust enters into any interest rate swap or any other
swap or derivative instrument (each, a "derivative instrument") in connection
with its issuance of a series of Notes, such derivative instrument shall be
entered into at the time of issuance of such series of Notes, shall not have a
notional amount at the time of issuance in excess of the principal amount of
such Notes and shall not thereafter be expected to exceed such principal
amount outstanding from time to time, shall not require the Trust to make
discretionary decisions (other than decisions relating to the servicing of the
Receivables) and shall have characteristics that relate to and are intended to
hedge (partly or fully) against some risk or risks related to such series of
Notes or the Receivables or Permitted Investments.

          (e) The Trust will not engage in any business or own any assets
unrelated to the purposes of the Trust.

          Section 2.04 Appointment of Owner Trustee. The Beneficiary hereby
appoints Chase Manhattan Bank USA, National Association as Owner Trustee of
the Trust effective as of the date hereof.

          Section 2.05 Declaration of Trust. The Owner Trustee hereby declares
that it will hold the initial Trust Estate, the Collateral Certificate and the
other documents and assets described in Section 2.03, together with any
payments, proceeds or income of any kind from such documents or assets or any
other source and any other property held under this Agreement (collectively,
the "Trust Estate"), upon the trust set forth herein and, subject to Section
2.03(a)(ii), for the sole use and benefit of the Beneficiary. It is the
intention of the parties hereto that the Trust constitute a business trust
under the Delaware Business Trust Act and that this Agreement constitute the
governing instrument of such business trust. The parties hereto agree that
they will take no action contrary to the foregoing intention. Effective as of
the date hereof, the Owner Trustee shall have all rights, powers and duties
set forth herein and, to the extent not inconsistent herewith, in the Delaware
Business Trust Act with respect to accomplishing the purposes of the Trust.

          Section 2.06 Title to Trust Estate. Title to all of the Trust Estate
will be vested in the Trust as a separate legal entity until this Agreement
terminates pursuant to Article VII; provided, however, that if the laws of any
jurisdiction require that title to any part of the Trust Estate be vested in
the trustees of a trust, then title to that part of the Trust Estate will be
deemed to be vested in the Owner Trustee or any co-trustee or separate
trustee, as the case may be, appointed pursuant to Article VIII.

          Section 2.07 Nature of Interest in the Trust Estate. The Beneficiary
will not have any legal title to or right to possession of any part of the
Trust

          Section 2.08 Creation of Trust; Principal Office of Owner Trustee.
The Owner Trustee will file a certificate of trust relating to the Trust with
the Secretary of State and maintain the Owner Trustee's principal office in
the State of Delaware. However, nothing herein shall restrict or prohibit the
Owner Trustee from having employees within or without the State of Delaware.
Payments will be received by the Trust only in Delaware or New York, and
payments will be made by the Trust only from Delaware or New York. The Trust
will be located and administered in the State of Delaware.

          Section 2.09 Tax Matters. The parties hereto intend that, for income
and franchise tax purposes, the Trust will be treated as a security device and
disregarded as an entity and its assets shall be treated as owned in whole by
the Beneficiary, and the parties hereto will file all their tax returns in a
manner consistent with that intent unless otherwise required by a taxing
authority. Except as otherwise expressly provided herein, any tax elections
required or permitted to be made by the Trust under the Code or otherwise will
be made by the Beneficiary. The Trust will not elect to be treated as a
corporation for any tax purpose.

          Section 2.10 Fiscal Year. The fiscal year of the Trust will end on
the last day of December of each year.

                                      6

<PAGE>

          Section 2.11 Transfer of Collateral Certificate.

          (a) In consideration of the Trust's delivery to or upon the order of
the Transferor of the net proceeds of the initial sale of the Notes, the
Transferor does hereby absolutely transfer, assign, set over and otherwise
convey to the Trust, without recourse (subject to the obligations herein), all
right, title and interest of the Transferor in and to the Collateral
Certificate and the proceeds thereof. This Agreement also shall be deemed to
be and hereby is a security agreement within the meaning of the UCC, and the
conveyance by the Transferor provided for in this Agreement shall be deemed to
be and hereby is a grant by the Transferor to the Trust of a security interest
in and to all of the Transferor's right, title and interest, whether now owned
or hereafter acquired, in, to and under the Collateral Certificate and all
accounts, general intangibles, chattel paper, instruments, documents, money,
deposit accounts, certificates of deposit, goods, letters of credit, advices
of credit and investment property consisting of, arising from, or relating to
the Collateral Certificate and the proceeds thereof, to secure the rights of
the Trust under this Agreement and the obligations of the Transferor
hereunder. The Transferor and the Trust shall, to the extent consistent with
this Agreement, take such actions as may be necessary to ensure that the
security interest in the Collateral Certificate created hereunder will be a
perfected security interest of first priority under applicable law and will be
maintained as such throughout the term of this Agreement.

          (b) To the extent that the Transferor retains any interest in the
Collateral Certificate, the Transferor hereby grants to the Indenture Trustee
for the benefit of the holders of the Notes a security interest in and to all
of the Transferor's right, title, and interest, whether now owned or hereafter
acquired, in, to, and under all accounts, general intangibles, chattel paper,
instruments, documents, money, deposit accounts, certificates of deposit,
goods, letters of credit, advices of credit, and investment property
consisting of, arising from, or relating to the Collateral Certificate and the
proceeds thereof (collectively, the "Indenture Collateral"), to secure
performance of all of the obligations of the Transferor under the Pooling and
Servicing Agreement, the Series 2002-CC Supplement and the Transaction
Documents. With respect to the Indenture Collateral, the Indenture Trustee
shall have all of the rights it has under the Transaction Documents. The
Indenture Trustee shall have all of the rights of a secured creditor under the
UCC in New York and the UCC in Delaware.

          Section 2.12 Closing. The transfer, assignment, set-over, pledge and
conveyance of the Collateral Certificate and the issuance of the Notes shall
take place at the offices of Sidley Austin Brown & Wood LLP, 875 Third Avenue,
New York, New York 10022 on the Closing Date (as defined in the Series 2002-CC
Supplement), simultaneously with the closing of the transactions contemplated
by the Pooling and Servicing Agreement, the Series 2002-CC Supplement and the
other Transaction Documents.

          Section 2.13 Books and Records. In connection with the transfer,
assignment, set-over, pledge and conveyance set forth in Section 2.11, the
Transferor agrees to record and file, at its own expense, any financing
statements (and continuation statements with respect to such financing
statements when applicable) required to be filed with respect to the
Collateral Certificate assigned by the Transferor hereunder, meeting the
requirements of applicable law in such manner and in such jurisdictions as are
necessary under the applicable UCC to perfect the transfer, assignment,
set-over, pledge and conveyance of the Collateral Certificate to the Trust,
and to deliver a file- stamped copy of such financing statements or other
evidence of such filings to the Trust on or prior to the Closing Date
(excluding such continuation and similar statements, which shall be delivered
promptly after filing).

          In connection with the transfer, assignment, set-over, pledge and
conveyance hereunder, the Transferor further agrees, at its own expense, on or
prior to the Closing Date, to cause the CARCO Receivables Trust Trustee to
register the Indenture Trustee (as pledgee of the Trust) as the registered
owner of the Collateral Certificate.

          Section 2.14 Series 2002-CC Certificateholder. The Indenture Trustee
shall be the Series 2002-CC Certificateholder for all purposes under the
Pooling and Servicing Agreement and the Series 2002-CC Supplement. To the
extent the Collateral Certificate is sold or otherwise transferred to a
third-party in connection with the sale or liquidation of the Trust Estate
pursuant to the provisions of the Indenture, such transferee shall be the
Series 2002-CC Certificateholder for all purposes under the Pooling and
Servicing Agreement.

          Section 2.15 Representations and Warranties of the Transferor. The
Transferor makes the following representations and warranties as to the
Collateral Certificate on which the Trust is deemed to have relied

                                      7

<PAGE>

in acquiring the Collateral Certificate. Such representations and warranties
speak as of the execution and delivery of this Agreement and as of the date of
initial issuance of each series of Notes, but shall survive the transfer and
assignment of the Collateral Certificate to the Trust and the pledge thereof
to the Indenture Trustee pursuant to the Indenture.

          (a) Title. It is the intention of the Transferor that the transfer
and assignment herein contemplated constitute either (i) a sale of the
Collateral Certificate, (ii) a grant of a perfected security interest therein
from the Transferor to the Trust or (iii) a grant of a perfected security
interest therein from the Transferor to the Indenture Trustee. The Collateral
Certificate has not been sold, transferred, assigned or pledged by the
Transferor to any Person other than pursuant to this Agreement or the
Indenture. Immediately prior to the transfer and assignment herein
contemplated, the Transferor had good and marketable title to the Collateral
Certificate, free and clear of all liens and rights of others and, immediately
upon the transfer thereof, the Trust shall have good and marketable title to
the Collateral Certificate, free and clear of all liens of rights of others or
a first priority perfected security interest therein; and the transfer has
been perfected, by the filing of appropriate financing statements and the
taking of such other action pursuant to the UCC, under the UCC. The Transferor
has no knowledge of any current statutory or other non-consentual liens to
which the Collateral Certificate is subject.

          (b) All Actions Taken. All actions necessary under the applicable
UCC in any jurisdiction to be taken (i) to give the Trust a first priority
perfected security interest or ownership interest in the Collateral
Certificate, and (ii) to give the Indenture Trustee a first priority perfected
security interest in the Collateral Certificate (including, without
limitation, UCC filings with the Delaware Secretary of State), in each case
subject to any statutory or other non-consentual liens with respect to the
Collateral Certificate, have been taken. The Transferor has no knowledge of
any current statutory or other non-consentual liens which the Collateral
Certificate is subject.

          (c) No Consents Required. All approvals, authorizations, consents,
orders or other actions of any Person or of any Governmental Authority
required in connection with the execution and delivery by the Transferor of
this Agreement or any other Transaction Document, the performance by the
Transferor of the transactions contemplated by this Agreement or any other
Transaction Document and the fulfillment by the Transferor of the terms hereof
or thereof, have been obtained or have been completed and are in full force
and effect (other than approvals, authorizations, consents, orders and other
actions which if not obtained or completed or in full force or effect would
not have a material adverse effect on the Transferor or the Trust or upon the
collectibility of the Collateral Certificate or upon the ability of the
Transferor to perform its obligations under this Agreement).

          (d) Transfers Comply. Each of (i) the transfer of the Collateral
Certificate by the Transferor to the Trust pursuant to the terms of this
Agreement, (ii) the pledge of the Collateral Certificate by the Trust to the
Indenture Trustee pursuant to the terms of the Indenture and (iii) the pledge
of the Collateral Certificate by the Transferor to the Indenture Trustee
pursuant to the terms of this Agreement, comply with the provisions of the
Pooling and Servicing Agreement relating to transfers of the Collateral
Certificate.

          Section 2.16 Protection of Title to Collateral Certificate.

          (a) The Transferor shall take all actions necessary, and the Trust
shall cooperate with the Transferor, if applicable, to perfect, and maintain
perfection of, the interests of the Trust in the Collateral Certificate. The
Transferor shall execute and file and cause to be executed and filed such
financing statements and continuation statements, all in such manner and in
such places as may be required by law fully to perfect, maintain, and protect
the interest of the Trust in the Collateral Certificate and in the proceeds
thereof and the interest of the Indenture Trustee in the Trust Estate and the
proceeds thereof. The Transferor shall deliver (or cause to be delivered) to
the Owner Trustee and the Indenture Trustee file-stamped copies of, or filing
receipts for, any document filed as provided above, as soon as available
following such filing.

          (b) The Transferor shall not change its name, identity or corporate
structure or the jurisdiction of its organization in any manner that might
make any financing statement or continuation statement filed in accordance
with paragraph (a) above or otherwise seriously misleading within the meaning
of the UCC (regardless of whether such a filing was ever made), unless it
shall have given the Owner Trustee and the Indenture Trustee at least five
days' prior written notice thereof and, if applicable, shall have timely filed
appropriate

                                      8

<PAGE>

amendments to any and all previously file financing statements or continuation
statements or timely filed additional UCC financing statements, in each case,
so that the interests of the Trust and the Indenture Trustee are not adversely
affected.

          (c) The Transferor shall have an obligation to give the Owner
Trustee and the Indenture Trustee at least 60 days' prior written notice of
any change in the jurisdiction of its organization or any relocation of its
chief executive office or other change in location if, as a result of such
relocation, the applicable provisions of the UCC would require the filing of
any amendment to any previously filed financing or continuation statement or
of any new financing statement (regardless of whether such a filing was ever
made), and shall promptly, if applicable, file any such amendment or new
financing statement.

          (d) The Owner Trustee shall permit the Indenture Trustee and its
agents at any time following reasonable notice and during normal business
hours to inspect, audit and make copies of and abstracts from the Owner
Trustee's records regarding the Collateral Certificate.

          Section 2.17 Assignment to Indenture Trustee. The Transferor hereby
acknowledges and consents to any mortgage, pledge, assignment and grant of a
security interest by the Trust to the Indenture Trustee pursuant to the
Indenture for the benefit of the Noteholders of all right, title and interest
of the Trust in, to and under the Collateral Certificate and the other
property constituting the Trust Estate and/or the assignment of any or all of
the Trust's rights and obligations hereunder to the Indenture Trustee.

          Section 2.18 Merger or Consolidation of, or Assumption of the
Obligations of, Transferor. Any Person (a) into which the Transferor may be
merged or consolidated, (b) which may result from any merger or consolidation
to which the Transferor shall be a party or (c) which may succeed to the
properties and assets of the Transferor substantially as a whole, which Person
in any of the foregoing cases executes an agreement of assumption to perform
every obligation of the Transferor under this Agreement, shall be the
successor to the Transferor hereunder without the execution or filing of any
other document or any further act by any of the parties to this Agreement;
provided, however, that (i) the Transferor shall have delivered to the Owner
Trustee and the Indenture Trustee an Officers' Certificate (as defined in the
Indenture) and an Opinion of Counsel (as defined in the Indenture) each
stating that such consolidation, merger or succession and such agreement of
assumption comply with this Section 2.18 and that all conditions precedent
provided for in this Agreement relating to such transaction have been complied
with, (ii) written confirmation from the Note Rating Agency (as defined in the
Indenture) that such transaction will not result in any Note Rating Agency
reducing or withdrawing its then existing rating of the Notes and (iii) the
Transferor shall have delivered to the Owner Trustee and the Indenture Trustee
an Opinion of Counsel either (A) stating that, in the opinion of such counsel,
all actions necessary to perfect the interests of the Trust and the Indenture
Trustee have been taken, including that all financing statements and
continuation statements and amendments thereto have been executed and filed
that are necessary fully to preserve and protect the interest of the Owner
Trustee and Indenture Trustee, respectively, in the Collateral Certificate and
reciting the details of such filings, or (B) stating that, in the opinion of
such counsel, no such action shall be necessary to preserve and protect such
interests. Following the effectiveness of the succession provided for in this
Section 2.18, the predecessor Transferor shall be released from any
obligations and liabilities provided for under the Transaction Documents other
than any obligations or liabilities incurred by such predecessor Transferor
prior to the effectiveness of such succession.

          Section 2.19 Limitation on Liability of Transferor and Others. The
Transferor and any director or officer or employee or agent of the Transferor
may rely in good faith on the advice of counsel or on any document of any
kind, prima facie properly executed and submitted by any Person respecting any
matters arising hereunder. The Transferor, in its capacity as such, shall not
be under any obligation to appear in, prosecute or defend any legal action
that shall not be incidental to its obligations under this Agreement, and that
in its opinion may involve it in any expense or liability.

                                      9

<PAGE>

                                 ARTICLE III.

               REPRESENTATIONS AND WARRANTIES OF THE BENEFICIARY

          Section 3.01 Representations and Warranties of the Beneficiary. The
Beneficiary hereby represents and warrants to the Owner Trustee as of the date
of this Agreement and as of the date of each increase in the Investor Interest
of the Collateral Certificate that:

          (a) The Beneficiary is a limited liability company duly organized,
validly existing and in good standing under the laws of the State of Delaware
and has full limited liability company power, authority and legal right to own
its properties and conduct its business as such properties are presently owned
and such business is presently conducted, and to execute, deliver and perform
its obligations under this Agreement.

          (b) The Beneficiary is duly qualified to do business and is in good
standing (or is exempt from such requirement) in any state required in order
to conduct its business, and has obtained all necessary licenses and approvals
with respect to the Beneficiary, in each jurisdiction in which failure to so
qualify or to obtain such licenses and approvals would have a material adverse
effect on the interests of the Noteholders hereunder or under the Indenture;
provided, however, that no representation or warranty is made with respect to
any qualifications, licenses or approvals which the Owner Trustee or the
Indenture Trustee has or may be required at any time to obtain, if any, in
connection with the transactions contemplated hereby or by any other
Transaction Document to which the Owner Trustee or the Indenture Trustee, as
the case may be, is a party.

          (c) The execution and delivery of this Agreement and the
consummation of the transactions provided for in this Agreement and in the
other Transaction Documents to which the Beneficiary is a party have been duly
authorized by the Beneficiary by all necessary limited liability company
action on its part and each of this Agreement and the other Transaction
Documents to which the Beneficiary is a party will remain, from the time of
its execution, an official record of the Beneficiary; the Beneficiary has the
power and authority to assign the property to be assigned to and deposited
with the Trust.

          (d) The execution and delivery of this Agreement, the performance of
the transactions contemplated by this Agreement and the fulfillment of the
terms hereof will not conflict with, result in any breach of any of the
material terms and provisions of, or constitute (with or without notice or
lapse of time or both) a material default under, any indenture, contract,
agreement, mortgage, deed of trust, or other instrument to which the
Beneficiary is a party or by which it or any of its properties are bound
(other than violations of such indentures, contracts, agreements, mortgages,
deeds of trust or other instruments which, individually or in the aggregate,
would not have a material adverse effect on the Beneficiary's ability to
perform its obligation under this Agreement).

          (e) The execution and delivery of this Agreement, the performance of
the transactions contemplated by this Agreement and the fulfillment of the
terms hereof will not conflict with or violate any Requirements of Law
applicable to the Beneficiary.

          (f) There are no proceedings or investigations pending or threatened
against the Beneficiary before any court, regulatory body, administrative
agency, or other tribunal or governmental instrumentality having jurisdiction
over the Beneficiary (i) asserting the invalidity of this Agreement or any of
the Transaction Documents, (ii) seeking to prevent the consummation of any of
the transactions contemplated by this Agreement or any of the Transaction
Documents, (iii) seeking any determination or ruling that, in the reasonable
judgment of the Beneficiary, would materially and adversely affect the
performance by the Beneficiary of its obligations under this Agreement or the
Transaction Documents, or (iv) seeking any determination or ruling that would
materially and adversely affect the validity or enforceability of this
Agreement or the Transaction Documents.

                                      10

<PAGE>

                                 ARTICLE IV.

                            DISTRIBUTIONS OF FUNDS

          Section 4.01 Distribution of Funds. All funds received by the Trust
to the extent not encumbered by the Indenture and otherwise available for
distribution (or if encumbered by the Indenture, which have been released by
the relevant parties benefiting from such encumbrance) will be distributed to
the Beneficiary.

          Section 4.02 Payments from Trust Estate Only. All payments to be
made on behalf of the Trust under this Agreement will be made only from the
income and the capital proceeds derived from the Trust Estate and only to the
extent that the Trust will have received income or capital proceeds from the
Trust Estate. The Beneficiary agrees that it will look solely to the income
and capital proceeds derived from the Trust Estate (to the extent available
for payment as herein provided) and that, except as specifically provided
herein, the Owner Trustee will not be subject to any liability in its
individual capacity under this Agreement to the Beneficiary or to any other
Person.

          Section 4.03 Method of Payment. All amounts payable to the
Beneficiary pursuant to this Agreement will be paid, as a matter of
administrative convenience, by the Indenture Trustee in accordance with the
Indenture and the Indenture Supplements on behalf of the Trust to the
Beneficiary or a nominee therefor in such manner as the Beneficiary may from
time to time designate in written instructions to the Indenture Trustee.

          Section 4.04 Establishment of Account. The Beneficiary hereby
authorizes the Owner Trustee to establish with JPMorgan Chase Bank (or if the
Owner Trustee is not Chase Manhattan Bank USA, National Association, such
other bank as the Owner Trustee shall select) and maintain on behalf of the
Trust an account into which all funds received by the Owner Trustee on behalf
of the Trust shall be deposited. Such account shall be designated the
Beneficiary Trust Account.

                                  ARTICLE V.

                          DUTIES OF THE OWNER TRUSTEE

          Section 5.01 Action Upon Instructions. (a) It is the intention of
the Beneficiary that the powers and duties of the Owner Trustee are to be
purely ministerial only, and that the Beneficiary will have the power to
direct the Owner Trustee as to all nonministerial matters concerning the
administration of the Trust (to the extent such matters are within the powers
of the Beneficiary). Accordingly, subject to subsections 5.01(b), 5.01 (c),
and Article XII, the Beneficiary will direct the Owner Trustee in the
management of the Trust and the Trust Estate. Such direction shall be
exercised at any time only by written instruction of the Beneficiary delivered
to the Owner Trustee pursuant to this Article V.

          (b) The Owner Trustee will take such action or actions as may be
specified in any instructions delivered in accordance with subsection 5.01(a);
provided, however, that the Owner Trustee will not be required to take any
such action if the Trustee Bank has been advised by counsel that such action
(i) is contrary to the terms hereof or of any document contemplated hereby to
which the Trust or the Owner Trustee is a party or is otherwise contrary to
law, or (ii) is reasonably likely to result in liability on the part of the
Trustee Bank, unless the Trustee Bank will have received from the Beneficiary
additional indemnification or security satisfactory to the Trustee Bank
against all costs, expenses and liabilities arising from the Owner Trustee's
taking such action.

          (c) The Beneficiary will not direct the Owner Trustee to take or
refrain from taking any action that is not authorized or permitted by this
Agreement or is contrary to this Agreement, nor will the Owner Trustee be
obligated to follow any such direction.

          (d) In the event that the Owner Trustee is unsure as to the
application of any provision of this Agreement or any Transaction Document, or
such provision is ambiguous as to its application, or is, or appears to be, in
conflict with any other applicable provision, or this Agreement permits any
determination by the Owner Trustee or is silent or is incomplete as to the
course of action to be adopted, the Owner Trustee will promptly give

                                      11

<PAGE>

notice to the Beneficiary requesting written instructions as to the course of
action to be adopted and, to the extent the Owner Trustee acts in good faith
in accordance with such written instructions received from the Beneficiary,
the Owner Trustee shall not be liable on account of such action to any Person.
If the Owner Trustee will not have received appropriate written instructions
within 30 days of such notice (or within such shorter period of time as
reasonably may be specified in such notice) it may, but shall be under no duty
to, take or refrain from taking such action, not inconsistent with this
Agreement, as it deems to be in the best interests of the Beneficiary, and
will have no liability to any Person for such action or inaction.

          (e) The Owner Trustee will, subject to this Section 5.01, act in
accordance with the instructions given to it by the Beneficiary pursuant to
Section 5.01(b), and to the extent the Owner Trustee acts in good faith in
accordance with such instructions, the Owner Trustee will not be liable on
account of such action to any Person.

          (f) The Owner Trustee shall be deemed to have discharged its duties
and responsibilities hereunder and under the Transaction Documents to the
extent the Administrator has agreed in the Administration Agreement to perform
any act or to discharge any duty of the Owner Trustee hereunder or under and
Transaction Document, and the Owner Trustee shall not be held liable for the
default or failure of the Administrator to carry out its obligations under the
Administration Agreement.

          Section 5.02 No Duty to Act Under Certain Circumstances.
Notwithstanding anything contained herein to the contrary, neither the Trustee
Bank nor the Owner Trustee, except a Trustee Bank authorized as co-trustee,
will be required to take any action in any jurisdiction other than in the
State of Delaware if the taking of such action would (i) require the consent
or approval or authorization or order of or the giving of notice to, or the
registration with or taking of any action in respect of, any state or other
governmental authority or agency of any jurisdiction other than the State of
Delaware; (ii) result in any fee, tax or governmental charge under the laws of
any jurisdiction or any political subdivisions thereof in existence on the
date hereof other than the State of Delaware becoming payable by the Trustee
Bank; or (iii) subject the Trustee Bank to personal jurisdiction in any
jurisdiction other than the State of Delaware for causes of action arising
from acts unrelated to the consummation of the transactions by the Trustee
Bank or the Owner Trustee, as the case may be, contemplated hereby. The Owner
Trustee shall be entitled to obtain advice of counsel (which advice shall be
at the expense of the Beneficiary) to determine whether any action required to
be taken pursuant to the Agreement results in the consequences described in
clauses (i), (ii) and (iii) of the preceding sentence. In the event that said
counsel advises the Owner Trustee that such action will result in such
consequences, the Owner Trustee may, or if instructed to do so by the
Beneficiary, shall, appoint an additional trustee pursuant to Section 8.04
hereby to proceed with such action.

          Section 5.03 No Duties Except Under Specified Agreements or
Instructions.

          (a) The Owner Trustee will not have any duty or obligation to
manage, control, use, make any payment in respect of, register, record,
insure, inspect, sell, dispose of, create, maintain or perfect any security
interest or title in or otherwise deal with any part of the Trust Estate,
prepare, file or record any document or report (including any tax related
filing for any holder of Notes), or to otherwise take or refrain from taking
any action under, or in connection with, this Agreement, the Trust or any
document contemplated hereby to which the Trust or the Owner Trustee is a
party, except as expressly provided by the terms of this Agreement or in
written instructions from the Beneficiary received pursuant to Section 5.01;
and no implied duties or obligations will be read into this Agreement against
the Owner Trustee. Unless otherwise directed by the Beneficiary in accordance
with Section 5.01(a), the Owner Trustee shall have no obligation or duty to
take any action the Trust is authorized and empowered to take pursuant to
Section 2.03(a). The Owner Trustee nevertheless agrees that it will, in its
individual capacity and at its own cost and expense, promptly take all action
as may be necessary to discharge any lien, pledge, security interest or other
encumbrance on any part of the Trust Estate which results from actions by or
claims against the Trustee Bank not related to the ownership of any part of
the Trust Estate.

          (b) The Owner Trustee agrees that it will not manage, control, use,
lease, sell, dispose of or otherwise deal with any part of the Trust Estate
except (i) in accordance with the powers granted to, or the authority
conferred upon, the Owner Trustee pursuant to this Trust Agreement, or (ii) in
accordance with the express terms hereof or with written instructions from the
Beneficiary pursuant to Section 5.01. Unless otherwise directed by the
Beneficiary in accordance with Section 5.01(a), the Owner Trustee shall not be
required to perform any obligations

                                      12

<PAGE>

or duties of the Trust under the Indenture, which duties and obligations shall
be the sole responsibility of the Beneficiary.

          Section 5.04 Trust Operation. The operations of the Trust will be
conducted in accordance with the following standards:

          (a) the Trust will act solely in its own name through the Owner
Trustee or the Beneficiary;

          (b) the Trust will not incur any indebtedness for money borrowed or
incur any obligations except in connection with the purposes set forth in
Section 2.03 of this Agreement;

          (c) the Trust's funds and assets will at all times be maintained
separately from those of the Beneficiary and its affiliates;

          (d) the Trust will take all reasonable steps to continue its
identity as a separate legal entity and to make it apparent to third persons
that it is an entity with assets and liabilities distinct from those of the
Beneficiary, the Beneficiary's affiliates or any other third person, and will
use stationery and other business forms of the Owner Trustee or the Trust and
not that of the Beneficiary or any of its affiliates, and will use its best
efforts to avoid the appearance (i) of conducting business on behalf of the
Beneficiary or any affiliates thereof, or (ii) that the assets of the Trust
are available to pay the creditors of the Beneficiary or any affiliates
thereof;

          (e) the Trust will not hold itself out as being liable for the debts
of the Beneficiary or any affiliates thereof;

          (f) the Trust will not engage in any transaction with the
Beneficiary or any affiliates thereof, except as required, or specifically
permitted, by this Agreement or unless such transaction is otherwise on terms
neither more favorable nor less favorable than the terms and conditions
available at the time to the Trust for comparable transactions with other
Persons; and

          (g) the Trust will not enter into any voluntary bankruptcy or
insolvency proceeding without a finding by the Owner Trustee that the Trust's
liabilities exceeds its assets or that the Trust is unable to pay its debts in
a timely manner as they become due.

          Section 5.05 Execution of Documents. The Owner Trustee will, at the
written direction of the Beneficiary, execute and deliver on behalf of the
Trust such instruments, agreements and certificates contemplated hereby to
which the Trust is or is to be a party. Absent such written direction, the
Owner Trustee shall have no duty or obligation to execute or deliver any
instruments, agreements or certificates on behalf of the Trust, all of which
shall be executed and delivered by the Beneficiary on behalf of the Trust
(other than those executed and delivered pursuant to the first sentence of
this Section 5.05).

          Section 5.06 Nonpetition Covenants. Notwithstanding any prior
termination of the Trust or this Agreement, each of the Owner Trustee and the
Beneficiary covenants and agrees that it shall not at any time with respect to
the Trust or the CARCO Receivables Trust acquiesce, petition or otherwise
invoke or cause the Trust or the CARCO Receivables Trust to invoke the process
of any court or government authority for the purpose of commencing or
sustaining a case against the Trust or the CARCO Receivables Trust under any
Federal or state bankruptcy, insolvency or similar law or appointing a
receiver, conservator, liquidator, assignee, trustee, custodian, sequestrator
or other similar official of the Trust or the CARCO Receivables Trust or any
substantial part of its property, or ordering the winding up or liquidation of
the affairs of the Trust or the CARCO Receivables Trust; provided, however,
that this Section 5.06 shall not preclude any remedy described in Article VII
of the Indenture.

                                      13

<PAGE>

                                 ARTICLE VI.

                          CONCERNING THE TRUSTEE BANK

          Section 6.01 Acceptance of Trust and Duties. The Trustee Bank
accepts the trust hereby created and agrees to perform the same but only upon
the terms of this Agreement. If, notwithstanding Section 4.03, the Trustee
Bank receives moneys constituting part of the Trust Estate, the Trustee Bank
agrees to disburse all such moneys in accordance with the terms of this
Agreement. The Trustee Bank will not be answerable or accountable under any
circumstances in its individual capacity, except (i) for its own willful
misconduct, bad faith or negligence, (ii) in the case of the inaccuracy of any
representation or warranty contained in Section 6.07, (iii) for the failure by
the Owner Trustee to perform obligations expressly undertaken by it in the
last sentence of subsection 5.03(a), or (iv) for taxes, fees or other charges
on, based on or measured by, any fees, commissions or other compensation
earned by the Trustee Bank for acting as trustee hereunder. In particular, but
not by way of limitation:

          (a) the Trustee Bank will not be personally liable for any error of
judgment made in good faith by an authorized officer of the Owner Trustee so
long as the same will not constitute negligence, bad faith or willful
misconduct;

          (b) the Trustee Bank will not be personally liable with respect to
any action taken or omitted to be taken by the Owner Trustee in good faith in
accordance with the instructions of the Beneficiary;

          (c) no provision of this Agreement or any Transaction Document will
require the Trustee Bank to expend or risk its personal funds or otherwise
incur any financial liability in the performance of any of its rights or
powers hereunder, if the Trustee Bank will have reasonable grounds for
believing that repayment of such funds or adequate indemnity against such risk
or liability is not reasonably assured or provided to it, including such
advances as the Trustee Bank may reasonably request;

          (d) under no circumstance will the Trustee Bank be personally liable
for the accuracy or performance of any representation, warranty, covenant,
agreement or other obligation of the Trust, including any indebtedness of the
Trust;

          (e) the Trustee Bank will not be personally responsible or liable
for or in respect of the validity or sufficiency of this Agreement or for the
due execution hereof by the Beneficiary or with respect to any agreement
entered into by the Trust;

          (f) under no circumstances will the Trustee Bank be responsible or
liable for the action or inaction of the Beneficiary, nor will the Trustee
Bank be responsible for monitoring the performance of the Beneficiary's duties
hereunder or of any other Person acting for or on behalf of the Trust;

          (g) in no event shall the Trustee Bank be personally liable for
special, consequential or punitive damages unless such damages result from its
willful misconduct or gross negligence, for the acts or omissions of its
nominees, correspondents, clearing agencies or securities depositories, for
the acts or omissions of brokers or dealers, and for any losses due to forces
beyond the control of the Trustee Bank, including strikes, work stoppages,
acts of war or terrorism, insurrection, revolution, nuclear or natural
catastrophes or acts of God and interruptions, loss or malfunctions of
utilities, communications or computer (software and hardware) services. The
Trustee Bank shall have no responsibility for the accuracy of any information
provided to the Beneficiary or any other Person that has been obtained from,
or provided to the Trustee Bank by, any other Person;

          (h) the Trustee Bank shall not be liable for the default or
misconduct of the Indenture Trustee under any of the Transaction Documents or
otherwise, and the Trustee Bank shall have no obligation or liability to
perform the obligations of the Trust under this Agreement or the Transaction
Documents, in each case that are required to be performed by the Indenture
Trustee under the Indenture; and

          (i) the Trustee Bank shall be under no obligation to exercise any of
the rights or powers vested in it by this agreement, or to institute, conduct
or defend any litigation under this Agreement or otherwise or

                                      14

<PAGE>

in relation to this Agreement or any Transaction Document, at the request,
order or direction of the Beneficiary, unless the Beneficiary has offered to
the Trustee Bank security or indemnity satisfactory to it against the costs,
expenses and liabilities that may be incurred by the Trustee Bank therein or
thereby. The right of the Trustee Bank to perform any discretionary act
enumerated in this Agreement or in any Transaction Document shall not be
construed as a duty, and the Trustee Bank shall not be answerable for other
than its negligence or willful misconduct in the performance of any such act.

          Section 6.02 Furnishing of Documents. The Owner Trustee will furnish
to the Beneficiary, within a reasonable time under the circumstances after
receipt thereof, duplicates or copies of all reports, notices, requests,
demands, certificates, financial statements and any other instruments
furnished to the Owner Trustee with respect to the Trust or the Trust Estate
that are not, pursuant to this Agreement, any Transaction Document or
otherwise, required to be forwarded directly to the Beneficiary.

          Section 6.03 Representations and Warranties as to the Trust Estate.
The Owner Trustee makes no representation or warranty as to, and shall not be
liable for, the title, value, condition, design, operation, merchantability or
fitness for use of the Trust Estate (or any part thereof) or any other
representation or warranty, express or implied, whatsoever with respect to the
Trust Estate (or any part thereof).

          Section 6.04 Signature of Periodic Filings. The Beneficiary, as
attorney-in-fact for the Owner Trustee, will sign on behalf of the Trust any
Periodic Filings of the Trust or other documents relating to the Trust
prepared by, or on behalf of, the Beneficiary.

          Section 6.05 Reliance; Advice of Counsel. The Owner Trustee will
incur no liability to anyone in acting upon any signature, instrument, notice,
resolution, request, consent, order, certificate, report, opinion, bond or
other document or paper believed by it to be genuine and believed by it to be
signed by the proper party or parties. The Owner Trustee may accept a
certified copy of a resolution of the board of directors or other governing
body of any entity as conclusive evidence that such resolution has been duly
adopted by such body and that the same is in full force and effect. As to any
fact or matter the manner of ascertainment of which is not specifically
prescribed herein, the Owner Trustee may for all purposes rely on an officer's
certificate of the relevant party, as to such fact or matter, and such
officer's certificate will constitute full protection to the Owner Trustee for
any action taken or omitted to be taken by it in good faith in reliance
thereon. In the administration of the Trust, the Owner Trustee may, at the
expense of the Trust, (i) execute the trust or any of the powers hereof and
perform its powers and duties hereunder directly or through agents or
attorneys, and the Owner Trustee will not be liable for the default or
misconduct of any agent or attorney selected by the Owner Trustee with
reasonable care; and (ii) consult with counsel, accountants and other skilled
persons to be selected with reasonable care and employed by it, and the Owner
Trustee will not be liable for anything done, suffered or omitted in good
faith by it in accordance with the advice or opinion of any such counsel,
accountants or other skilled persons.

          Section 6.06 Not Acting in Individual Capacity. Except as provided
in this Article VI, in accepting the trust hereby created the Trustee Bank
acts solely as Owner Trustee hereunder and not in its individual capacity; and
all Persons having any claim against the Trust or the Owner Trustee, whether
by reason of the transactions contemplated by this Agreement or otherwise,
will look only to the Trust Estate (or a part thereof, as the case may be) for
payment or satisfaction thereof, except as specifically provided in this
Article VI.

          Section 6.07 Representations and Warranties. The Trustee Bank, other
than a Trustee Bank appointed as a co-trustee, hereby represents and warrants
to the Beneficiary that:

          (a) The Trustee Bank is a national banking association duly
organized and validly existing in good standing under the laws of the United
States. The Trustee Bank has all requisite corporate power and authority to
execute, deliver and perform its obligations under this Agreement.

          (b) The Trustee Bank has taken all corporate action necessary to
authorize the execution and delivery by it of this Agreement, and this
Agreement will be executed and delivered by one of its officers who is duly
authorized to execute and deliver this Agreement on its behalf.

                                      15

<PAGE>

          (c) Neither the execution nor the delivery by it of this Agreement,
nor the consummation by it of the transactions contemplated hereby nor
compliance by the Trustee Bank with any of the terms or provisions hereof will
contravene any federal or Delaware law, governmental rule or regulation
governing the banking or trust powers of the Owner Trustee or any judgment or
order binding on the Trustee Bank, or constitute any default under its charter
documents or by-laws or any indenture, mortgage, contract, agreement or
instrument to which the Trustee Bank is a party or by which any of the Trustee
Bank's properties may be bound.

          (d) The Trustee Bank complies with all of the requirements of
Chapter 38, Title 12 of the Delaware Code relating to the qualification of a
trustee of a Delaware business trust.

                                 ARTICLE VII.

                        TERMINATION OF TRUST AGREEMENT

          Section 7.01 Termination of Trust Agreement.

          (a) The Trust shall dissolve, upon the final distribution by the
Indenture Trustee or the Owner Trustee of all moneys or other property or
proceeds of the Trust Estate in accordance with the Delaware Business Trust
Act and the terms of the Indenture. Any money or other property held as part
of the Trust Estate following such distribution shall be distributed to the
Beneficiary. The bankruptcy, liquidation, dissolution, termination, death or
incapacity of the Beneficiary shall not (x) operate to terminate this
Agreement or the Trust, or (y) entitle the Beneficiary's legal representatives
or heirs to claim an accounting or to take any action or proceeding in any
court for a partition or winding up of all or any part of the Trust or Trust
Estate or (z) otherwise affect the rights, obligations and liabilities of the
parties hereto.

          (b) Except as provided in subsection 7.01(a), the Beneficiary shall
not be entitled to revoke or terminate the Trust.

          (c) Upon the winding up of the Trust in accordance with the Delaware
Business Trust Act, the Owner Trustee shall, at the written direction of the
Beneficiary, cause the Certificate of Trust to be canceled by filing a
certificate of cancellation with the Secretary of State in accordance with the
provisions of Section 3810 of the Delaware Business Trust Act and thereupon
the Trust and this Agreement (other than Article XI) shall terminate.

                                ARTICLE VIII.

                     SUCCESSOR OWNER TRUSTEES, CO-TRUSTEES
                          AND SEPARATE OWNER TRUSTEES

          Section 8.01 Resignation and Removal of the Owner Trustee;
Appointment of Successors. Upon the occurrence of a Disqualification Event
with respect to the Owner Trustee, the Beneficiary may appoint a successor
Owner Trustee by an instrument signed by the Beneficiary. If a successor Owner
Trustee has not been appointed within 30 days after the giving of written
notice of such resignation or the delivery of the written instrument with
respect to such removal, the Owner Trustee or the Beneficiary may apply to any
court of competent jurisdiction to appoint a successor Owner Trustee to act
until such time, if any, as a successor Owner Trustee has been appointed as
above provided. Any successor Owner Trustee so appointed by such court will
immediately and without further act be superseded by any successor Owner
Trustee appointed as above provided within one year from the date of the
appointment by such court. The Owner Trustee may resign at any time without
cause by giving at least 30 days' prior written notice to the Beneficiary. In
addition, the Beneficiary may at any time remove the Owner Trustee without
cause by an instrument in writing delivered to the Owner Trustee. No such
removal or resignation shall become effective until a successor Owner Trustee,
however appointed, becomes vested as Owner Trustee hereunder pursuant to
Section 8.02. The Beneficiary will notify the Note Rating Agencies promptly
after the resignation or removal of the Owner Trustee and promptly after the
appointment of a successor Owner Trustee.

          Section 8.02 Transfer Procedures. Any successor Owner Trustee,
however appointed, will execute and deliver to the predecessor Owner Trustee
an instrument accepting such appointment, and such other

                                      16

<PAGE>

documents of transfer as may be necessary, and thereupon such successor Owner
Trustee, without further act, will become vested with all the estates,
properties, rights, powers, duties and trusts of the predecessor Owner Trustee
in the trust hereunder with like effect as if originally named an Owner
Trustee herein and the predecessor Owner Trustee will be fully discharged of
its duties and obligations to serve as Owner Trustee hereunder. The
predecessor Owner Trustee shall promptly deliver to the successor Owner
Trustee all documents, statements and monies held by it under this Agreement.
The successor Owner Trustee shall promptly file an amendment to the
Certificate of Trust with the Secretary of State identifying the name and
principal place of business of such successor Owner Trustee in the State of
Delaware.

          Section 8.03 Qualification of Owner Trustee. Any Owner Trustee will
at all times (i) be a trust company or a banking corporation under the laws of
its state of incorporation or a national banking association, having all
corporate powers and all material governmental licenses, authorizations,
consents and approvals required to carry on a trust business in the State of
Delaware, (ii) comply with Section 3807 (and any other applicable Section) of
the Delaware Business Trust Act, (iii) have a combined capital and surplus of
not less than $50,000,000 (or have its obligations and liabilities irrevocably
and unconditionally guaranteed by an affiliated Person having a combined
capital and surplus of at least $50,000,000) and (iv) have (or have a parent
which has) a rating of at least Baa3 by Moody's, at least BBB- by Standard &
Poor's or, if not rated, otherwise satisfactory to each Note Rating Agency.

          Section 8.04 Co-trustees and Separate Owner Trustees. Whenever the
Owner Trustee or the Beneficiary shall deem it necessary or prudent in order
either to conform to any law of any jurisdiction in which all or any part of
the Trust Estate shall be situated or to make any claim or bring any suit with
respect to the Trust Estate, or whenever the Owner Trustee or the Beneficiary
shall be advised by counsel satisfactory to them that such action is necessary
or prudent, the Owner Trustee and the Beneficiary shall execute and deliver an
agreement supplemental hereto and all other instruments and agreements, and
shall take all other actions, necessary or proper to appoint one or more
Persons either as co-trustee or co-trustees jointly with the Owner Trustee of
all or any part of the Trust Estate, or as a separate trustee or separate
trustees of all or any part of the Trust Estate, and to vest in such Persons,
in such capacity, such title to the Trust Estate or any part thereof, and such
rights or duties, as may be necessary or desirable, all for such period and
under such terms and conditions as are satisfactory to the Owner Trustee and
the Beneficiary. In case a Disqualification Event shall occur with respect to
any such co-trustee or separate trustee, the title to the Trust Estate and all
rights and duties of such co-trustee or separate trustee shall, so far as
permitted by law, vest in and be exercised by the Owner Trustee, without the
appointment of a successor to such co-trustee or separate trustee.

                                  ARTICLE IX.

                                  AMENDMENTS

          Section 9.01 Amendments.

          (a) This Agreement may be amended from time to time, by a written
instrument executed by the Owner Trustee, at the written direction of the
Beneficiary, and the Beneficiary, without the consent of the Indenture Trustee
or any Noteholders, upon issuance of a CARCO Trust Tax Opinion and an Issuer
Tax Opinion (each as defined in the Indenture), which shall not be expenses of
the Owner Trustee or the Trustee Bank; provided, however, that the Trust shall
deliver to the Indenture Trustee and the Owner Trustee an Officer's
Certificate (as defined in the Indenture) to the effect that the Trust
reasonably believes that such amendment will not have an Adverse Effect (as
defined in the Indenture) and is not reasonably expected to have an Adverse
Effect at any time in the future.

          (b) This Agreement may also be amended from time to time, by a
written instrument executed by the Owner Trustee, at the written direction of
the Beneficiary, and the Beneficiary, with prior written notice to each Note
Rating Agency, with the consent of the Indenture Trustee and not less than 66%
in Outstanding Dollar Principal Amount of the Outstanding Notes affected by
such amendment and upon issuance of a CARCO Trust Tax Opinion and an Issuer
Tax Opinion; provided, however, that, without the consent of the Holders of
all of the Notes then outstanding, no such amendment shall (a) increase or
reduce in any manner the amount of, or accelerate or delay the timing of,
collections of payments in respect of the Collateral Certificate or
distributions that

                                      17

<PAGE>

are required to be made for the benefit of the Noteholders or (b) reduce the
aforesaid percentage of the Outstanding Amount (as defined in the Indenture)
of the Notes, the Holders of which are required to consent to any such
amendment.

          (c) Promptly after the execution of any such amendment or consent,
the Trust shall furnish written notification of the substance of such
amendment or consent to the Indenture Trustee and each Note Rating Agency.

          (d) It shall not be necessary for the consent of the Noteholders
pursuant to this Section to approve the particular form of any proposed
amendment or consent, but it shall be sufficient if such consent shall approve
the substance thereof.

          (e) Promptly after the execution of any amendment to the Certificate
of Trust, the Owner Trustee shall cause the filing of such amendment with the
Secretary of State.

          (f) Prior to the execution of any amendment to this Agreement or the
Certificate of Trust, the Owner Trustee shall be entitled to receive, and
shall be fully protected in relying upon, an Opinion of Counsel of the Trust
to the effect that such amendment is authorized or permitted by this
Agreement. The Owner Trustee may, but shall not be obligated to, enter into
any such amendment which affects the Owner Trustee's own rights, duties or
immunities under this Agreement or otherwise.

                                  ARTICLE X.

                              OWNERSHIP INTEREST

          Section 10.01 Ownership Interest; Prohibitions on Transfer. (a) The
Ownership Interest will initially be beneficially owned by DCWR. Transfers of
the Ownership Interest may be made between DCWR and any other Person who is an
Affiliate of DCWR (a "Permitted Affiliate Transferee") upon delivery to the
CARCO Receivables Trust Trustee and the Owner Trustee of a CARCO Trust Tax
Opinion and an Issuer Tax Opinion, respectively, with respect to such
transfer. The Beneficiary shall not sell, participate, transfer, assign,
exchange or otherwise pledge or convey all or any part of its right, title and
interest in and to its Ownership Interest to any other Person, except to any
Permitted Affiliate Transferee. Any purported transfer by the Beneficiary of
all or any part of its right, title and interest in and to its Ownership
Interest to any Permitted Affiliate Transferee will be effective only upon the
issuance of a CARCO Trust Tax Opinion and an Issuer Tax Opinion, which will
not be an expense of the Owner Trustee or the Trustee Bank. Any purported
transfer by the Beneficiary of all or any part of its right, title and
interest in and to its Ownership Interest which is not in compliance with the
terms of this Section 10.01 will be null and void.

          (b) As part of the Ownership Interest, the Beneficiary will be
entitled to all rights provided to it under this Agreement and will be subject
to the terms and conditions contained in this Agreement.

          (c) The Ownership Interest will not be represented by a certificate
or other instrument. The Owner Trustee will maintain at its office referred to
in Section 2.07, or at the corporate trust office of JPMorgan Chase Bank or
any other agent appointed by it and approved in writing by the Beneficiary, a
register for the registration of the Ownership Interest. Such register will
show the name and address of the holder of the Ownership Interest, and the
Owner Trustee will treat such register as definitive and binding for all
purposes hereunder. A registration of a transfer of the Ownership Interest
shall only be made upon satisfaction of the conditions in Section 10.01(a) and
delivery to the Owner Trustee of a copy of the proposed assignment
documentation and a certification from the Beneficiary that such conditions
have been satisfied.

                                      18

<PAGE>

                                 ARTICLE XI.

               COMPENSATION OF TRUSTEE BANK AND INDEMNIFICATION

          Section 11.01 Trustee Bank Fees and Expenses. The Trustee Bank will
receive all fees and other charges described in a separate fee agreement
between DaimlerChrysler Services North America LLC and the Trustee Bank
promptly when due thereunder and the Trustee Bank will be reimbursed for all
other reasonable out-of-pocket costs and expenses (including reasonable fees
and expenses of counsel) incurred by it in connection with its acting as Owner
Trustee of the Trust.

          Section 11.02 Indemnification. To the fullest extent permitted by
law, the Transferor hereby agrees, whether or not any of the transactions
contemplated by this Agreement will be consummated, to assume liability for,
and hereby indemnifies, protects, saves and keeps harmless the Trustee Bank
and its officers, directors, successors, assigns, legal representatives,
agents and servants (each an "Indemnified Person"), from and against any and
all liabilities, obligations, losses, damages, penalties, taxes, claims,
actions, investigations, proceedings, costs, expenses or disbursements
(including reasonable legal fees and expenses) of any kind and nature
whatsoever which may be imposed on, incurred by or asserted at any time
against an Indemnified Person (whether or not also indemnified against by any
other Person) in any way relating to or arising out of this Agreement or any
other related documents or the enforcement of any of the terms of any thereof,
the administration of the Trust Estate or the action or inaction of the Owner
Trustee, or the Trustee Bank under this Agreement, and the manufacture,
purchase, acceptance, nonacceptance, rejection, ownership, delivery, lease,
possession, use, operation, condition, sale, return or other disposition of
any property (including any strict liability, any liability without fault and
any latent and other defects, whether or not discoverable), except, in any
such case, to the extent that any such liabilities, obligations, losses,
damages, penalties, taxes, claims, actions, investigations, proceedings,
costs, expenses and disbursements are the result of any of the matters
described in the exception in the third sentence of Section 6.01.

          In case any such action, investigation or proceeding will be brought
involving an Indemnified Person, the Transferor will assume the defense
thereof, including the employment of counsel and the payment of all expenses.
The Trustee Bank will have the right to employ separate counsel in any such
action, investigation or proceeding and to participate in the defense thereof
and the reasonable counsel fees and expenses of such counsel will be paid by
the Transferor. In the event of any claim, action or proceeding for which
indemnity will be sought pursuant to this Section, the Trustee Bank's choice
of legal counsel shall be subject to the approval of the Beneficiary, which
approval shall not be unreasonably withheld.

          The indemnification set forth herein will survive the termination of
this Agreement and the resignation or removal of the Trustee Bank.

                                 ARTICLE XII.

                                 MISCELLANEOUS

          Section 12.01 Conveyance by the Owner Trustee is Binding. Any sale
or other conveyance of any part of the Trust Estate by the Owner Trustee made
pursuant to the terms of this Agreement will bind the Beneficiary and will be
effective to transfer or convey all beneficial interest of the Owner Trustee
and Beneficiary in and to such part of the Trust Estate, as the case may be.
No purchaser or other grantee will be required to inquire as to the
authorization, necessity, expediency or regularity of such sale or conveyance
or as to the application of any sale or other proceeds with respect thereto by
the Owner Trustee or the officers.

          Section 12.02 Instructions; Notices. All instructions, notices,
requests or other communications ("Deliveries") desired or required to be
given under this Agreement will be in writing and will be sent by (a)
certified or registered mail, return receipt requested, postage prepaid, (b)
national prepaid overnight delivery service, (c) telecopy or other facsimile
transmission or (d) personal delivery, with receipt acknowledged in writing,
to the following addresses:

                                      19

<PAGE>

          (i)  if to DCWR:

               DaimlerChrysler Wholesale Receivables LLC
               27777 Franklin Road
               Southfield, MI  48034
               Attention: Assistant Secretary
               Facsimile: (248) 512-1771

          (ii) if to the Owner Trustee:

               Chase Manhattan Bank USA, National Association
               c/o JPMorgan Chase Bank
               500 Stanton Christiana Road, Fl. 3/OPS4
               Newark, Delaware 19713
               Attention: Corporate Trustee Department
               Facsimile: (302) 984-4903

          All Deliveries will be deemed given when actually received or
refused by the party to whom the same is directed (except to the extent sent
by certified or registered mail, return receipt requested, postage prepaid, in
which event such Deliveries will be deemed given three days after the date of
mailing and except to the extent sent by telecopy or other facsimile
transmission, in which event such Deliveries will be deemed given when answer
back is received). Either party may designate a change of address or
supplemental address by notice to the other party, given at least 15 days
before such change of address is to become effective.

          Section 12.03 Severability. Any provision of this Agreement which is
prohibited or unenforceable in any jurisdiction will, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction will not invalidate or render
unenforceable any provision hereof in any other jurisdiction.

          Section 12.04 Limitation of Liability. (a) Neither the Beneficiary
nor any officer, director, employee, agent, partner, shareholder, trustee or
principal of the Beneficiary, the Trust or any Person owning, directly or
indirectly, any legal or beneficial interest in the Beneficiary, will have any
liability or obligation with respect to the Trust or the performance of this
Agreement or any other agreement, document or instrument executed by the
Trust, and the creditors of the Trust and all other Persons will look solely
to the Trust Estate for the satisfaction of any claims with respect thereto.
The foregoing limitation of liability is subject to Section 12.06 and is in
addition to, and not exclusive of, any limitation of liability applicable to
the Persons referred to above by operation of law.

          (b) All agreements entered into by the Trust under which the Trust
would have any material liability will contain an exculpatory provision
substantially to the following effect:

          Neither any trustee nor any beneficiary of DaimlerChrysler
          Master Owner Trust nor any of their respective officers,
          directors, employers or agents will have any liability with
          respect to this agreement, and recourse may be had solely to
          the assets of DaimlerChrysler Master Owner Trust with
          respect thereto.

          Section 12.05 Separate Counterparts. This Agreement may be executed
by the parties hereto in separate counterparts, each of which when so executed
and delivered will be an original, but all such counterparts will together
constitute but one and the same instrument.

          Section 12.06 Successors and Assigns. All covenants and agreements
contained herein will be binding upon, and inure to the benefit of, the Owner
Trustee and its successors and assigns and the Beneficiary and their
successors and permitted assigns, all as herein provided. Any request, notice,
direction, consent, waiver or other instrument or action by the Beneficiary
will bind the successors and assigns of the Beneficiary.

          Section 12.07 Headings. The headings of the various Sections herein
are for convenience of reference only and will not limit any of the terms or
provisions herein.

                                      20

<PAGE>

          Section 12.08 Governing Law. THIS AGREEMENT WILL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE WITHOUT REGARD
TO CONFLICTS OF LAW PRINCIPLES OF SUCH STATE.

          Section 12.09 No Recourse. The holder of the Ownership Interest
acknowledges that the Ownership Interest does not represent an interest in or
obligation of the Beneficiary, the Owner Trustee (in its individual capacity),
the Indenture Trustee or any Affiliate thereof, and no recourse may be had
against such parties or their assets, or against the assets pledged under the
Indenture.

          Section 12.10 Acceptance of Terms of Agreement. THE RECEIPT AND
ACCEPTANCE OF THE OWNERSHIP INTEREST BY THE BENEFICIARY, WITHOUT ANY SIGNATURE
OR FURTHER MANIFESTATION OF ASSENT, SHALL CONSTITUTE THE UNCONDITIONAL
ACCEPTANCE BY THE BENEFICIARY OF ALL THE TERMS AND PROVISIONS OF THIS
AGREEMENT, AND SHALL CONSTITUTE THE AGREEMENT OF THE TRUST THAT THE TERMS AND
PROVISIONS OF THIS AGREEMENT SHALL BE BINDING, OPERATIVE AND EFFECTIVE AS
BETWEEN THE TRUST AND THE BENEFICIARY.

                                      21

<PAGE>

          IN WITNESS WHEREOF, the parties hereto have each caused this
Agreement to be duly executed, by their respective officers hereunto duly
authorized all as of the day and year first above written.

                                CHASE MANHATTAN BANK USA, NATIONAL
                                ASSOCIATION, as Owner Trustee

                                By: /s/ Denis Kelly
                                   ----------------------------
                                   Name:  Denis Kelly
                                   Title: Assistant Vice President

                                DAIMLERCHRYSLER WHOLESALE RECEIVABLES
                                LLC, by CHRYSLER FINANCIAL RECEIVABLES
                                CORPORATION, a member, as Beneficiary and as
                                Transferor

                                By:  /s/ R. Menzies
                                   ----------------------------
                                   Name:  R. Menzies
                                   Title: Assistant Controller

<PAGE>

                                                                     EXHIBIT A

                            CERTIFICATE OF TRUST OF
                      DAIMLERCHRYSLER MASTER OWNER TRUST

          THIS Certificate of Trust of DaimlerChrysler Master Owner Trust (the
"Trust") has been duly executed and is being filed by Chase Manhattan Bank
USA, National Association, a national banking association, as trustee, to
create a business trust under the Delaware Business Trust Act (12 Del. C., (s)
3801 et seq.).

          1. Name. The name of the business trust created hereby is
DaimlerChrysler Master Owner Trust.

          2. Delaware Trustee. The name and business address of the trustee of
the Trust in the State of Delaware are Chase Manhattan Bank USA, National
Association, c/o JPMorgan Chase Bank, 500 Stanton Christiana Road, Fl. 3/OPS4,
Newark, Delaware 19713, Attention: Corporate Trust Department.

          3. Effective Date. This Certificate of Trust shall be effective on
_______ __, 2002.

          IN WITNESS WHEREOF, the undersigned, has executed this Certificate
of Trust in accordance with Section 3811(a) of the Delaware Business Trust
Act.

                               CHASE MANHATTAN BANK USA, NATIONAL
                                   ASSOCIATION, not in its individual capacity
                                   but solely as Owner Trustee

                                   By:
                                      ------------------------------------
                                      Name:
                                      Title:

                                     A-1

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