Document:

Fleet Loan and Security Agreement

 Exhibit 10.1 
  
 DaimlerChrysler Services North America LLC 
  
 FLEET LOAN AND SECURITY AGREEMENT 
  
 THIS FLEET LOAN, AND SECURITY AGREEMENT is entered into as of June 18, 2005, by and between, COACH FINANCIAL SERVICES,
INC. a Florida Corporation, with a place of business at 12330 Southwest 53rd Street Cooper City Florida 33330
(“Company”), and DAIMLERCHRYSLER SERVICES NORTH AMERICA LLC, a Michigan limited liability company, with a place of business at 1011 Warrenville Road, Lisle, Illinois 60532 (“DCS”). 
  
 PART I. GENERAL PROVISIONS 
  
 1. PURPOSE 
  
 Company and DCS have entered into this Agreement for the purpose of permitting Company to request and receive Loan Advances
(as hereinafter defined) from DCS from time to time, one or more times, the proceeds of which are to be used by Company to purchase inventory and equipment for use in the course of Company’s business, and/or for lease by Company to third-party
Operators (as hereinafter defined). 
  
 2. DEFINITIONS 

 
 As used herein, the following capitalized terms shall have the following
meanings: 
  
 2.1 Affiliate. The term
“Affiliate” means any person or entity which, directly or indirectly, (a) controls, is controlled by, or is under common control with Company or any Guarantor, or (b) beneficially owns or holds power to direct the voting of twenty (20%)
percent or more of any class of Company’s or any Guarantor’s capital stock or other equity interest, or (c) has twenty (20%) percent or more of any class of its capital stock or other equity interest beneficially owned or held, directly or
indirectly, by Company or by any Guarantor, or (d) who is a director, officer, manager, or employee of Company or any Guarantor. 
  
 2.2 Agreement. The term “Agreement” means this Fleet Loan and Security Agreement, as this Agreement may be amended, modified or
supplemented from time to time, and all addenda, exhibits, and schedules that may be referenced or attached to this Agreement. 
  
 2.3 Code. The term “Code” means the Uniform Commercial Code as enacted in the state or jurisdiction where Company is organized, or
has offices or other facilities, as the Code may be amended and replaced from time to time. 
  
 2.4 Collateral. The term “Collateral” means and includes all presently owned and hereafter acquired: (a) inventory and equipment
of Company financed by or purchased from or through DCS or a DCS affiliated company, including, without limitation, new and used automobiles, vans, trucks, truck tractors, trailers, chassis, buses, and other motor vehicles that are subject to sale
or lease by Company, or from use by Company in the course of its business; and (b) attachments, accessories, additions, accessions, and other parts of the foregoing, together with all replacements, substitutions and exchanges therefor; and (c) all
proceeds and products of the foregoing, including, without limitation, tangible chattel paper, electronic chattel paper, goods (including, without limitation, motor vehicles, trailers, chassis and equipment taken in trade), contract rights, leases,
accounts, documents, instruments, promissory notes, general intangibles, payment intangibles, supporting obligations, claims and tort recoveries, moneys and insurance proceeds (in each case, to the fullest extent provided and defined in the Code),
and all proceeds of such proceeds; and (d) all rights of Company to receive payments, credits, and other compensation from DCS, or from any manufacturer, distributor, or supplier of Company’s inventory or equipment financed by DCS, and all
payments and credits that DCS may owe to Company, and all funds of Company that DCS may have or retained in its possession, whether in the form of cash collateral, reserves, contingency or escrow amounts, or otherwise. The definitions of the types
of Collateral described in this Section 2.4 are intended to change, expand, and contract as the definitions and descriptions of such types of collateral that are set forth in the Code may change, expand or contract. 
  
 2.5 Company. The term “Company” means the Company
named above, as well as Company’s successors and assigns. 
  
 2.6 Default. The term “Default” shall have the meaning as defined in Section 23 of this Agreement. 
  
 2.7 Default Rate. The term “Default Rate” means 18% per annum, but not to exceed the highest rate permitted by applicable law.

  
 2.8 Guarantor. The term “Guarantor”
means and includes each and every person and entity guaranteeing payment of Company’s Obligations, including without limitation, the person(s) or entity(ies) listed in Exhibit “A” attached thereto. 
  
 2.9 Guaranty. The term “Guaranty” means and includes
that certain Guaranty or Guaranties executed by the Guarantors in favor of DCS with respect to Company’s Obligations. 
  
 2.10 Initial Loan Advance. The term “Initial Loan Advance” means the first (initial) advance of borrowed funds by DCS to Company
pursuant to this Agreement, as referenced in Section 5 below. 
  
 2.11 Interest Rate. The term “Interest Rate” means the annual interest rate that applies to each Loan Advance as provided in Section 10 of this Agreement and in a Request for Loan Advance form. 
  
 2.12 DCS. The term “DCS” means DaimlerChrysler
Services North America LLC, and its successors and assigns. 
  
 2.13 Loan. The term “Loan” means and includes the aggregate total outstanding unpaid amount of all Loan Advances, including past, current and future Loan Advances, made subject to this Agreement. 
  
 2.14 Loan Advance. The term “Loan Advance” means and
includes any and all loan amounts advanced by DCS to Company, from time to time, one or more times, pursuant to the terms of this Agreement. 
  
 2.15 Loan Documents. The term “Loan Documents” means and includes the documents listed in Section 5 of this Agreement. 

 
 2.16 Note. The term “Note” means the
Company’s promissory note, if required by DCS, executed in connection with this Agreement, and evidencing Company’s Obligations to pay principal and interest on Loan Advances made pursuant hereto. 
  
 2.17 Obligations. The term “Obligations” means and
includes: (a) the Company’s obligation to pay principal and interest to DCS under the Loan; (b) the Company’s obligation to pay additional fees, costs, expenses, and other amounts provided for under this Agreement, under the Company’s
Note (if required), and under the other Loan Documents, and (c) any and all other indebtedness, liabilities, and obligations of every nature and kind that Company and/or its Affiliates may now and in the future owe to or incur in favor of DCS,
whether direct or indirect, absolute or contingent, and whether now due or hereafter owing, including, but without limitation, obligations arising under a guaranty of loans and indebtedness of third parties. 
  
 2.18 Operator. The term “Operator” means and includes
any third-party lessee to whom Company may lease the Company’s inventory or equipment purchased with the proceeds of Loan Advances. 
  
 2.19 Subsequent Loan Advance. The term “Subsequent Loan Advance” means each additional (subsequent) Loan Advance that DCS may make
to Company, as referenced in Section 6 of this Agreement. 
  
 All
terms not otherwise defined in this Agreement have meanings provided in the Code, and as found in other laws, and as used in the commercial practices of the State of Illinois. In this Agreement, singular words include the plural, and plural words
include the singular. 

 DaimlerChrysler Services North America LLC 
 FLEET LOAN AND SECURITY AGREEMENT 
  
 PART II. LOAN PROVISIONS 
  
 3.
REQUESTS FOR LOAN ADVANCES 
  
 So long as no Default
exists, and until such time as DCS may elect to terminate Company’s ability to request future Loan Advances as provided in Sections 25(b) and 31.2 below, Company may, from time to time, one or more times, request DCS to extend credit in the
form of Loan Advances, the proceeds of which shall be used by Company: (a) to purchase inventory and equipment for use by Company in its business activities, and/or for lease by Company to third-party Operators; and (b) for such other purposes as
DCS may agree to within DCS’ sole discretion. Requests for Loan Advances must be submitted by Company in accordance with procedures established by DCS from time to time, and may be submitted by any officer or person purporting to be an
authorized representative of Company. Each request must be submitted under a written form of a Request for Loan Advance in the form attached as Exhibit “B”. 
  
 COMPANY UNCONDITIONALLY AGREES AND ACKNOWLEDGES THAT DCS HAS NO OBLIGATION WHATSOEVER, UNDER THIS AGREEMENT OR OTHERWISE,
TO MAKE LOAN ADVANCES TO COMPANY UNDER ANY CIRCUMSTANCE. DCS’ DECISION TO DO SO SHALL ALWAYS BE SOLELY WITHIN DCS’ SOLE JUDGMENT AND DISCRETION, AND DCS MAY REFUSE TO MAKE LOAN ADVANCES TO COMPANY, AND MAY LIMIT THE PURPOSE OR PURPOSES FOR
WHICH THE PROCEEDS OF A LOAN ADVANCE MAY BE USED, AND MAY LIMIT THE AMOUNT OF AGGREGATE LOAN ADVANCES, OR THE AMOUNT OF ANY SINGLE LOAN ADVANCE, FOR ANY OR NO REASON, WITH OR WITHOUT CAUSE. 
  
 Nothing under this Agreement, or under an existing or future agreement or
understanding between the parties, whether in writing or in the form of oral statements, or any conduct or course of dealing on the part of DCS, or on the part of DCS’ officers, employees, agents, or attorneys, may be construed by Company, or
by Company’s owners, principals, or management officials, or by any Guarantor, or by any court of law or in arbitration, to in any way obligate or commit DCS to make Loan Advances to Company, or to amend, alter, or in any way modify the
discretionary nature of the lending relationship between DCS and Company. Company and each Guarantor recognize that the above provisions are essential, bargained-for, covenants, which may not be waived or modified under any circumstances.

  
 4. FUNDING OF LOAN ADVANCES 
  
 DCS may make the Loan Advance proceeds available to Company in the form of
checks or drafts payable to Company’s order, or in the form of direct EFT deposits into Company’s designated deposit account with Company’s bank. Alternatively, DCS may elect to pay all or a portion of the Loan Advance proceeds
directly to the manufacturer or distributor of the inventory or equipment to be purchased by Company with such proceeds. DCS may delay funding the requested Loan Advance until DCS is satisfied that all required conditions necessary to fund the Loan
Advance have been satisfied, or until the third business day following receipt of the Request for Loan Advance from Company, whichever is longer. 
  
 5. INITIAL LOAN ADVANCE 
  
 DCS will not make the Initial Loan Advance to Company unless and until DCS shall have first received duly executed copies of each of the following Loan
Documents: 
  

	 	(a)	This Agreement, together with all Exhibits thereto. 

  

	 	(b)	If required by DCS, Company’s Note executed in connection with this Agreement*. 

  

	 	(c)	The Guaranty of each Guarantor. 

  

	 	(d)	Certified copies of the organizational documents of Company and of each business entity Guarantor. 

  

	 	(e)	Certifications from the state of organization of Company and of each business entity Guarantor that such entities are in existence and in good standing in their respective states of
organization. 

  

	 	(f)	Secretary’s certificate(s) and certifying resolutions of the board of directors or governing body of Company, and of each business entity of Guarantor, authorizing the Loan and
Company’s execution of this Agreement and of each other Loan Document, or such other evidence of authority as may be acceptable to DCS and its counsel. 

  

	 	(g)	UCC search results, and tax and judgment lien searches, in form and substance satisfactory to DCS and its counsel. 

  

	 	(h)	Evidence of the filing of UCC-1 financing statements perfecting security interests in favor of DCS in all of the Collateral. 

  

	 	(i)	UCC-3 termination statements, subordination agreements, and/or intercreditor agreements for all UCC-1 financing statements filed of record against Company. 

 

	 	(j)	A life insurance assignment and other documents as DCS may require in connection therewith, duly executed by Company or the owner of such policy, and acknowledged by the insurance
company. 

  

	 	(k)	Evidence satisfactory to DCS of the insurance required by this Agreement, and by the other Loan Documents, together with loss payable endorsements, duly executed by the insurer or
broker. 

  

	 	(l)	Copies of all financial statements of Company and of each Guarantor requested by DCS. 

  

	 	(m)	Such mortgagee and landlord waivers as DCS may deem necessary regarding locations at which the Collateral is or will be stored or located. 

  

	 	(n)	Such other agreements, consents, waivers, documents and certificates as DCS and its counsel may request. 

  
 6. SUBSEQUENT LOAN ADVANCES 
  
 DCS will not make a Subsequent Loan Advance to Company unless and until DCS is assured to DCS’ satisfaction that: 
  

	 	(a)	both immediately before and immediately after the funding of such a Subsequent Loan Advance, no Default, or event or condition which with the giving of notice, the passage of time,
or both, would become a Default, shall have occurred and be continuing; 

  

	 	(b)	no material adverse change in Company’s and each Guarantor’s properties, assets, liabilities, business, operations, prospects, income or condition (financial or
otherwise), shall have occurred since the date of this Agreement; and 

  

	 	(c)	all of the representations and warranties made by Company and by each Guarantor in this Agreement and/or in any other Loan Document, shall be true and correct in all material
respects on and as of the date such Loan Advance is made. 

  
 Each request for a Subsequent Loan Advance shall be made in accordance to procedures established by DCS from time to time, and shall be deemed to be a representation and warranty by Company on the date of each Subsequent Loan Advance as to
the facts specified in clauses (a), (b) and (c) above. 
  

	*	Promissory notes may be required if Company has its principal offices in Alabama, Florida,, South Carolina, Texas, Vermont, and West Virginia. 

  

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 DaimlerChrysler Services North America LLC 
 FLEET LOAN AND SECURITY AGREEMENT 
  
 7. LINE OF CREDIT; MAXIMUM LOAN AMOUNT 
  
 The Loan is a “revolving line of credit” under which Company may request and receive Loan Advances from DCS, from time to time, one or more times, up to an established credit limit, and then to repay, and
then to reborrow on a recurring basis. The maximum principal balance of Company’s Loan may not exceed Company’s established credit limit as internally determined by DCS from time to time within DCS’ sole and absolute discretion. DCS
may further list the amount of any single Loan Advance. 
  
 8. OVER-LOAN
ADVANCES 
  
 If at any time the unpaid outstanding
principal balance of Company’s Loan should exceed Company’s maximum credit limit, or if DCS should agree to advance additional funds to Company in excess of such maximum credit limit, such excess or over-advance shall be payable by Company
immediately upon demand by DCS. Company agrees that any agreement or commitment by DCS to make any over-advance, or DCS’ failure to make demand on Company for payment of any excess or over-advance, shall not be construed as a waiver of
DCS’ right to subsequently demand immediate payment of such excess or over-advance, it being understood that such demand may be made by DCS at any time, and within DCS’ sole discretion. 
  
 9. PROMISE TO PAY 
  
 Company unconditionally promises to pay DCS the principal amount of each and
every Loan Advance that DCS may extend to Company, together with interest as provided in Section 10 below. Unless otherwise required by DCS, it shall not be necessary for Company to execute one or more Notes to evidence Company’s obligation to
pay principal and interest on Loan Advances made pursuant to this Agreement. Company agrees that DCS’ internal records, including DCS’ daily computer print-outs, shall serve for all purposes as conclusive evidence of the outstanding
principal balance of all Loan Advances, as well as the amount of interest, fees and charges that may be owed to DCS at any time, and from time to time under this Agreement. 
  
 10. INTEREST 
  
 10.1 Interest on Loan Advances. So long as no Default has occurred, each Loan Advance shall bear interest at the Interest Rate set forth in
each Request for Loan Advance accepted by DCS, with interest accruing from the date of each Loan Advance until the date the Loan Advance is paid in full. Following a Default, all Loan Advances shall bear interest at the Default Rate until paid.

  
 10.2 Interest Computation. Interest will be
assessed by application of a daily interest factor to the unpaid principal balance of each Loan Advance, as outstanding from time to time. The daily interest factor is to be determined by dividing the then applicable Interest Rate by 360 and then
applying such daily interest rate over the number of days elapsed in a calendar year of 365 days, or 366 days in a leap year. 
  
 10.3 Interest Savings Clause. Under no circumstances will the Interest Rate, or the amount of interest, or the amount of other fees and
charges that may be characterized as interest, that are or may be payable by Company under this Agreement, be more than the maximum rate or amount permitted by applicable law, it being DCS’ intent to strictly comply with all laws relating to
interest and usury. Accordingly, and notwithstanding any provision of this Agreement to the contrary, Company will not be obligated to pay, nor will DCS accept payment of, interest or fees and charges in excess of those allowed by applicable law in
any form and in any amount. However, should DCS receive interest or other fees and charges in excess of those allowed by applicable law, DCS may at its option refund the amount erroneously paid, or DCS may credit that amount to Company’s then
Obligations.** 
  
 11. REPAYMENT OF LOAN ADVANCES 
  
 11.1 Repayment Terms. The repayment terms that apply to each
Loan Advance shall be set forth in each Request for Loan Advance accepted by DCS, and shall be reflected in each pertinent Request for Loan Advance form submitted by Company. 
  
 11.2 Voluntary Prepayments. Company shall have the right to prepay, at any time and without penalty, and in
whole or in part, the unpaid principal balance of all Loan Advances extended under this Agreement, at which time Company shall further pay DCS any then accrued and unpaid interest with respect to the prepaid amount. 
  
 PART III. SECURITY AGREEMENT PROVISIONS 
  
 12. GRANT OF SECURITY INTEREST 
  
 Company hereby grants to DCS a continuing security interest in, and a lien
on all of Company’s present and future rights, title and interest in and to the Collateral, which security interest shall secure the prompt and punctual payment and satisfaction of all Obligations in favor of DCS, whether such Obligations arise
out of Company’s Loan subject to this Agreement, or out of other loans, indebtedness, obligations and liabilities that Company and/or its Affiliates may now and in the future owe to, or incur in favor of DCS. DCS’ security interest and
rights in the Collateral shall continue until all Obligations have been fully paid and satisfied, and DCS has affirmatively terminated its security interest in the Collateral as provided in Section 31.3 below. 
  
 13. ACKNOWLEDGMENT OF CROSS-COLLATERALIZATION AND CROSS-DEFAULT 
  
 Company acknowledges and agrees that the Collateral secures the prompt and
punctual payment and satisfaction of all Obligations in favor of DCS, which includes all indebtedness, liabilities, obligations, present or future, of every kind or nature, owed by Company and/or its Affiliates to DCS, whether direct or indirect,
absolute or contingent, now existing or due and owing, or in the future existing, due or owing, including, without limitation, those arising under a guaranty of a loan of a third-party. In addition, Company acknowledges that the occurrence of a
default under any other indebtedness or obligation of Company, or of any Guarantor, or of any Affiliate, to DCS, shall also constitute a Default under this Agreement 
  
 14. OWNERSHIP OF COLLATERAL/LIEN PRIORITY/PERFECTION 
  
 14.1 Ownership. Except for the security interest granted in favor of DCS in this Agreement, Company has, or
will continue to have, full title to and ownership of the Collateral free from any lien, security interest, encumbrance or claim, and Company will, at Company’s cost and expense, defend any action that may affect DCS’ security interest in,
or Company’s title to and ownership of the Collateral. Company shall not, without DCS’ prior written consent. The Company shall not sell, assign, transfer, lease, convey or otherwise dispose of any of the Collateral, except that Company
may lease items of inventory to third-party Operators in the ordinary course of Company’s business. Company further agrees not to do anything or permit anything to be done that would in any way impair DCS’ security rights and interest with
respect to the Collateral. 
  
 14.2 Financing Statements;
Perfection. Except for financing statements of record as of the date of this Agreement, and except for any financing statements required in connection with the financing or purchase of equipment from any direct seller of such equipment, no
financing statements covering the Collateral, or any part or proceeds of the Collateral, are on file in any public office. DCS may file whatever financing and continuation statements, amendments, and other documents, and DCS may take whatever
additional actions DCS reasonably deems to be necessary and proper to perfect and continue perfection of DCS’ security interest in the Collateral. To the extent that DCS may have previously filed a financing statement affecting any of the
Collateral, Company ratifies and confirms DCS’ authority to do so, and the contents and binding effectiveness of such statement. Company shall reimburse DCS for all reasonable expenses incurred with respect to perfection and continuation of the
perfection of DCS’ security interest. 
  

	**	The following provision applies to Texas companies only. The Interest Rate contracted for, charged, to be received, are limited by, and shall not exceed the applicable quarterly
ceiling which is from time to time in effect under Chapter 3.3 of the Texas Finance Code, as amended, such quarterly ceiling to be adjusted on the first day of calendar quarter. The parties elect not to be governed by Chapter 346 of the Texas
Finance Code. 

  

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 DaimlerChrysler Services North America LLC 
 FLEET LOAN AND SECURITY AGREEMENT 
  
 15. MAINTENANCE OF COLLATERAL 
  
 Company warrants, covenants and agrees that the Collateral is and shall continue to be used in Company’s business, or for any other purpose authorized by DCS in writing, and shall not be used by Company, or (with
DCS’ permission) by any third-party Operator or other person, for personal, household or agricultural uses or purposes. All Collateral will be maintained in good repair, and in a commercially acceptable and usable condition, and Company, and
each third-party Operator, or other person, will not use the Collateral in violation of any statute or ordinance. DCS will have the right to examine and inspect the Collateral at any reasonable time. In addition, Company shall also immediately
notify DCS of any change in the location of Company’s business or the location where any of the Collateral is kept and maintained when not in use elsewhere. 
  
 16. COLLATERAL INSURANCE 
  
 Company shall maintain fire and other risk insurance, public liability insurance, and such other insurance coverages that DCS may require with respect to
the Collateral, and with respect to Company’s other properties and business operations, in such forms, amounts, coverages, and with such insurance companies that may be reasonably acceptable to DCS. If requested by DCS, Company shall deliver to
DCS from time to time policies or certificates of insurance in form satisfactory to DCS, including stipulations that coverages will not be cancelled or diminished without at least thirty (30) days prior written notice to DCS. In connection with all
policies of insurance covering assets in which DCS holds or is offered a security interest, Company shall list DCS as an additional insured party, and shall provide DCS with such lender’s loss payable and other endorsements as DCS may require,
providing that coverage with respect to DCS’ interest may not be impaired or adversely affected in any way by any act, omission or default by Company, or by any other person. Company further agrees to provide DCS with proof satisfactory to DCS
that Company has purchased required insurance, and that such insurance remains in effect at all pertinent times so long as the Loan remains unpaid and outstanding. 
  
 17. ADDITIONAL PROTECTIVE ADVANCES 
  

Should Company for any reason fail to do what is required by Company under this Agreement, or otherwise, DCS may, at its sole option and discretion,
without any obligation to do so, take whatever actions on Company’s behalf as DCS may deem to be necessary and proper to permit DCS to obtain full recovery and payment of all Obligations in favor of DCS. Specifically, but without limitation,
DCS may: (a) purchase and maintain insurance on the Collateral and on Company’s other properties and assets, and with respect to Company’s business operations; (b) pay taxes and governmental assessments on Company’s behalf; and (c)
compromise or otherwise satisfy any claim that a third party may assert against any of the Collateral, or against Company or its properties. All additional sums that DCS may advance for such purposes, together with interest at the Default Rate, will
be considered an additional Obligation subject to and secured by this Agreement. 
  
 18. LEASES OF COMPANY’S INVENTORY 
  
 Company may not lease any of Company’s inventory purchased with the proceeds of Loan Advances to a third-party Operator without: (a) first notifying DCS in writing of Company’s intention to do so; and (b) providing DCS with (i)
the Operator’s name and address, (ii) the terms of the lease, including the amount of periodic lease payments, and the term (length) of the lease, and (iii) proof of the Operator’s qualifications/licensure and of insurance; and (c)
obtaining DCS’ prior written consent to such a lease. Company shall assure that the Operator is the primary operator of the leased inventory, and that the Operator will not sublease the inventory to any other person or entity. Company shall
further assure that the Operator is properly qualified/licensed to operate the leased inventory in all pertinent jurisdictions, and that the Operator purchases and maintains insurance on the leased inventory, as well as public liability insurance,
in such amounts and with such coverages as DCS may require. Company shall additionally assure that the Operator properly maintains and operates the leased inventory, and otherwise complies fully with the requirements of the lease. 
  
 DCS’ RIGHTS AND SECURITY INTERESTS IN COMPANY’S LEASED INVENTORY
SHALL AT ALL TIMES BE SUPERIOR TO ANY RIGHTS THAT AN OPERATOR MAY ACQUIRE UNDER ANY LEASE. All leases of Collateral shall be stamped with a DCS stamp and shall contain an affirmative statement to the foregoing effect, and Company shall require
each lessee to execute a form of written acknowledgement thereof in favor of DCS in such form as DCS may require. 
  
 Company further recognizes and agrees that all rental and lease payments that the Operator may be obligated to pay to Company under such a lease, are and
shall remain subject to DCS’ security interest in Collateral as granted under Section 12 of this Agreement. Company agrees that DCS shall have the right, both before and after the occurrence of a Default, to notify the Operator and to instruct
that all lease payments be made directly to DCS (rather than to Company) to be applied against Company’s then outstanding Obligations. 
  
 PART IV. COVENANTS 
  
 19. REPRESENTATIONS AND WARRANTIES 
  
 Company represents and warrants to DCS, as of the date of this Agreement is executed, and as of the date of each Loan Advance, that: 
  

	 	(a)	Company is a duly organized under the laws of its jurisdiction of organization, and possesses all necessary and lawful authority and power to carry on its business, and to comply
with the terms, covenants and conditions of this Agreement, of any and all documents, instruments and agreements, to which Company is a party, evidencing, securing or pertaining to all or any part of the Loan, including, without limitation, any
extensions, renewals or modifications thereof. Company is qualified and fully licensed to do business, and is in good standing in each jurisdiction where the nature of Company’s business requires Company to be so qualified or licensed.

  

	 	(b)	Company is duly authorized to execute and deliver this Agreement, and is and will continue to be duly authorized to borrow funds, and to perform all of Company’s Obligations in
favor of DCS. 

  

	 	(c)	Neither the execution and delivery of this Agreement, nor consummation of any of the transactions herein contemplated, nor compliance with the terms and provisions thereof, will
contravene any provision of law, statute, rule or regulation to which Company is subject or any judgment, decree, license, order or permit applicable to Company, or will conflict or will be inconsistent with, or will result in any breach of any of
the terms of the covenants, conditions or provisions of, or constitute a delay under any other obligation of Company, or result in the creation or imposition of a lien (except liens in favor of DCS) upon any Collateral. 

  

	 	(d)	No consent, approval, authorization or order of any court or governmental authority or third party (other than those which have been obtained prior to the date hereof and of which
Company has notified DCS in writing on the date hereof) is required in connection with the execution and delivery by Company of this Agreement. 

  

	 	(e)	This Agreement, when duly executed and delivered, will be the legal and binding obligations of Company, except as may be limited by applicable bankruptcy, insolvency, rearrangement,
moratorium, reorganization, liquidation, conservatorship or similar debtor relief laws of general application and the power of courts to award damages in lieu of granting equitable remedies. 

  

	 	(f)	All balance sheets, statements of profit and loss, and other financial data, which have been or will be furnished by Company to DCS, fairly present the financial condition of
Company’s business as of the date or dates stated, and the results of Company’s operations for the periods for which the same are furnished. All other information, reports, papers, and data furnished or to be furnished by Company, or its
representatives, or by each Guarantor, to DCS, are and will be 

  

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 DaimlerChrysler Services North America LLC 
 FLEET LOAN AND SECURITY AGREEMENT 
  
 accurate and correct in all material respects, and complete insofar as a completeness may be necessary to give DCS a true and accurate knowledge of the subject matter. Unless DCS otherwise agrees in writing, all
financial statements are and will be prepared in accordance with generally accepted accounting principles. 
  

	 	(g)	Other than previously disclosed to DCS in writing, there is no litigation or legal, administrative, or tax proceedings, investigations or other actions or matters pending, or to the
knowledge of Company, threatened against or affecting Company, or any Guarantor, or their properties or assets, the outcome of which could have a material adverse effect on Company’s or Guarantor’s financial condition or business.

  

	 	(h)	Unless DCS otherwise agrees in writing, and subject to the filing of financing statements in all proper locations and the filing of continuation statements when and to the extent
required by the Code, DCS has and will continue to have a first priority security interest in all of the Collateral. 

  

	 	(i)	To the best of Company’s knowledge, all tax returns and reports of Company that are or were required to be filed, have been filed, and all taxes, assessments and other
governmental charges have been paid in full, except those presently or to be contested in good faith for which adequate reserves have been provided. 

  

	 	(j)	No Default exists under this Agreement, and no event exists which with the lapse of time and failure to cure would become a Default. 

  
 20. SURVIVAL OF REPRESENTATIONS AND WARRANTIES 
  
 DCS, without independent investigation, is relying, and will continue to
rely upon the representations and warranties of Company in making Loan Advances to Company. The representations and warranties contained in this Agreement will remain in full force and effect until such time as all of Company’s Obligations in
favor of DCS are fully paid and satisfied and DCS security interest is terminated as provided in Section 31.3 below. 
  
 21. AFFIRMATIVE COVENANTS 
  
 Until the full and final payment and performance of all of Company’s Obligations in favor of DCS, and DCS’ security interest is terminated as
provided in Section 31.3 below, Company covenants and agrees to: 
  

	 	(a)	Promptly pay, or cause to be paid, when due, any and all costs and expenses required by this Agreement, or arising in connection with the Loan, including, without limitation, all
fees for filing or recording any security instruments or obtaining any required certificate of title. 

  

	 	(b)	Perform and comply with all terms, conditions, and provisions of this Agreement, and promptly notify DCS if Company knows or has reason to know of any event that may constitute or
give rise to a Default. 

  

	 	(c)	Promptly notify DCS in writing of any material change in any material fact or circumstances represented or warranted herein, or in any other document furnished to DCS in connection
with this Agreement. 

  

	 	(d)	Conduct its business affairs in a reasonable and prudent manner, and in compliance with all applicable federal, state, and municipal laws, ordinances, rules, and regulations.

  

	 	(e)	Maintain all licenses, franchises, and authorizations that may be necessary or required for Company to continue its business operations as now and in the future conducted.

  

	 	(f)	Maintain financial and accounting records in accordance with generally accepted accounting principles (unless DCS otherwise agrees in writing to some other standard).

  

	 	(g)	Furnish, as soon as available, and in any event within one hundred twenty (120) days after the end of each fiscal year of Company, consolidated and consolidating balance sheets of
Company and each Guarantor as of the end of such fiscal year, and the related statements of income, retained earnings and cash flows for such fiscal year, setting forth in each case, in comparative form, the figures for the previous fiscal year, all
such financial statements to be prepared in accordance with generally accepted accounting principles, consistently applied and furnished, as soon as available, and in any event within thirty days (30) after filing with the taxing jurisdiction, a
complete copy of each federal and state income tax return of Company and each Guarantor. 

  

	 	(h)	Execute and deliver to DCS, from time to time as requested by DCS, such other documents as shall reasonably be necessary to provide the rights and remedies to DCS granted or
provided for in this Agreement or any other Loan Documents executed by the Company in favor of DCS. 

  

	 	(i)	Furnish, or cause to be furnished to DCS such other information, not otherwise required in this Agreement, with respect to the business affairs, assets and liability of Company, as
DCS shall from time to time require. 

  

	 	(j)	Permit DCS to examine, audit, and copy Company’s books, records, ledgers, computer files, and programs at all reasonable times, and answer all questions and inquiries, and to
provide DCS with such additional documentation as DCS may request. 

  

	 	(k)	Immediately notify DCS in writing of any change in location of any of Company’s principal place of business, state of organization, or any change in Company’s legal name,
or any change in the location where Company’s books and records are kept, or the location where the Collateral or leased Equipment may be located when not in use elsewhere. 

  

	 	(l)	Promptly pay when due all contractual obligations calling for payment of money, and all claims, assessments and charges which constitute, or, if unpaid, may become a lien, charge or
encumbrance upon Company’s business or any of Company’s property or assets. 

  

	 	(m)	Except for any taxes or assessments which Company has actually contested and which contest or challenge Company continues to diligently pursue, all federal, state, local, and other
taxes, assessments, fees and other governmental charges imposed upon Company or on the Collateral or any portion thereof which are due and payable, have been paid or will be paid before they are delinquent. 

  
 22. NEGATIVE COVENANTS 
  
 Until the full and final payment of all of Company’s Obligations in
favor of DCS, and until DCS’ security interest is terminated as provided in Section 31.3 below, Company covenants not to do any of the following, without DCS’ prior written consent: 
  

	 	(a)	engage in any business activity substantially different from those in which Company is presently engaged; 

  

	 	(b)	cease operations; 

  

	 	(c)	liquidate, merge, transfer, acquire, or consolidate with any other entity; 

  

	 	(d)	permit any change to take place in the controlling ownership of Company; 

  

	 	(e)	change its name or any assumed business or trade name under which Company operates; 

  

	 	(f)	dissolve or transfer any of Company’s properties or assets other than the ordinary course of Company’s business; 

  

	 	(g)	change the location of Company’s principal place of business or state of organization; or 

  

	 	(h)	change of Company’s legal structure. 

  
 PART V. DEFAULT PROVISIONS 
  
 23. DEFAULT 
  
 The following are events of Default under this Agreement: 
  

	 	(a)	Should Company fail to pay any principal of, interest on, or other amount due with respect to the Loan as and when the same shall be due and payable. 

  

 - 5 - 

 DaimlerChrysler Services North America LLC 
 FLEET LOAN AND SECURITY AGREEMENT 
  

	 	(b)	Should Company, or any Guarantor, or any Affiliate, default on (i) any other present or future loan, indebtedness, or obligation to, or under any agreement with or in favor of DCS,
including without limitation, any loan, lease, line of credit, guaranty, purchase agreement, or (ii) any other present or future agreement, document or instrument proposing to grant DCS a lien upon any property of Company, or of any Guarantor, or of
any Affiliate. 

  

	 	(c)	Should Company fail to punctually and properly perform any covenant, agreement, obligation or condition contained in this Agreement, or any other Loan Document, and such failure
shall remain unremedied for ten (10) days after the earlier of (i) the date that DCS sends Company written notice specifying such failure or (ii) any officer of Company obtains knowledge of such failure, except for any failure to make any payment
with respect to which there shall be no cure period. 

  

	 	(d)	Should any representation or warranty made by Company under this Agreement, or in any other Loan Document, be or become untrue or incorrect in any material respect.

  

	 	(e)	Should this Agreement, or any other Loan Document, at any time and for any reason, cease to be in full force and effect, or is declared to be null and void by a court of competent
jurisdiction, or should the validity or enforceability of this Agreement or any Loan Document be contested or denied by Company and/or by any Guarantor, or should the transactions contemplated hereunder or thereby be contested by Company and/or any
Guarantor, or should Company or any Guarantor deny that it has any further liability or obligation hereunder or thereunder. 

  

	 	(f)	Should Company or any Guarantor (a) voluntarily commence any proceeding or file any petition seeking relief under Title 11 of the United States Code or any other Federal, state or
foreign bankruptcy, insolvency, receivership, liquidation or similar law, or (b) consent to the institution of, or fail to contravene in a timely and appropriate manner, any such proceeding or the filing of any such petition, or (c) apply for or
consent to the appointment of a receiver, trustee, custodian, sequestrator or similar official of itself or of a substantial part of its Property, or (d) file an answer admitting the material allegations of a petition filed against itself in any
such proceeding, or (e) make a general assignment for the benefit of creditors, or (f) become unable, admit in writing its inability or fail generally to pay its debts as they become due, or (g) take any corporate or other action for the purpose of
effecting any of the foregoing. 

  

	 	(g)	The filing, by way of petition, if not dismissed within sixty (60) days of such filing, or answer admitting the material allegations of any petition, or other pleading seeking
adjudication of Company or any Guarantor, whether in bankruptcy, or an adjustment of said parties’ debts, or any other relief under any bankruptcy, reorganization, debtor’s relief or insolvency laws now or hereafter existing, including
without limitation, a petition or answer seeking reorganization or admitting the material allegations of a petition filed against any of said parties in any bankruptcy or reorganization proceeding, or the act of said parties in instituting or
voluntarily being or becoming a party to any other judicial proceedings intended to effect a discharge of the debts of any of said parties, in whole or in part, or a postponement of the maturity of the collection thereof, or a suspension of any of
the rights or powers of a trustee or of any of the rights or powers granted to the holder hereof herein, or in any other documents executed in connection therewith; 

  

	 	(h)	Any levy, attachment, or seizure of any Collateral, or any execution, attachment, sequestration, or write is filed, levied, or attached to any Collateral. 

 

	 	(i)	A material adverse change shall occur with respect to Company and/or Guarantor, or their property, business or prospects. 

  
 24. WAIVERS 
  
 The acceptance by DCS at any time and from time to time of partial payment on the Loan shall not be deemed to be a waiver of
any Default then existing. No waiver by DCS of any Default shall be deemed to be a waiver of any other Default nor shall any such waiver by DCS be deemed to be a continuing waiver. No delay or omission by DCS in exercising any right, power,
privilege or remedy under this Agreement, or any other Loan Document or otherwise, shall impair any such right, power, privilege or remedy, or be construed as a waiver thereof or any acquiescence therein, nor shall any single or partial exercise of
any right, power, privilege, or remedy preclude further exercise thereof, or the exercise of any other right, power, privilege or remedy available to DCS. 
  
 25. REMEDIES UPON DEFAULT 
  
 Should a Default occur, DCS may, at its election, do any one or more of the following: 
  

	 	(a)	Without prior notice, demand, protest, or presentment, all of which are waived by Company, accelerate payment of, and declare the entire unpaid balance of the Loan and all other
Obligations in favor of DCS, to be immediately due and payable. 

  

	 	(b)	Terminate Company’s ability to request and obtain additional Loan Advances under this Agreement. 

  

	 	(c)	Require Company to assemble the Collateral and make it available to DCS at any place to be designated by DCS that is reasonably convenient to both parties. 

 

	 	(d)	With prior notice to Company, take possession of the Collateral, and at the option of DCS, exercise any and all remedies allowed by this Agreement, including, but not by way of
limitation, reduce any claim to judgment, foreclose or otherwise enforce DCS’ liens by any available judicial or nonjudicial procedure. In addition, DCS, in its sole discretion, shall have the right, at any time, to employ and have present on
Company’s premises one or more custodians selected by DCS, each of whom shall have the right to exercise any and all of DCS’ rights under this Agreement. Company expressly agrees to cooperate with any such custodian to do whatever DCS may
reasonably request by way of leasing warehouses or otherwise preserving any Collateral. 

  

	 	(e)	Apply for an appropriate judicial action, appointment of a receiver or receivers for all or any part of the Collateral, without regard to the sufficiency of the security, without
any showing of insolvency, fraud or mismanagement on the part of Company, to protect or enforce the rights of DCS, and Company consents to such appointment. 

  

	 	(f)	Exercise such additional default rights and remedies as may be provided elsewhere in the Agreement, or in the other Loan Documents, and/or as may be available to a secured party
generally under the Code and under the laws of each state or jurisdiction where the Collateral or leased Equipment may be located at the time of or following the occurrence of a Default. 

  
 26. USE OR OPERATION BY DCS 
  
 Company hereby authorizes DCS to hold, use, disburse and apply proceeds for
payment of expenses incident to the Loan, the Collateral, and the payment or performance of the obligations incident thereto. DCS may advance and incur such expenses as DCS deems necessary to preserve the Collateral, the leased Equipment, and any
other security for Company’s Obligations, and all such expenses, shall be secured by this Agreement, and payable to DCS upon demand, together with interest thereon at the Default Rate. DCS may disburse funds at any time, and from time to time,
to persons other than Company for the purposes specified herein irrespective of the other provisions of this Agreement. In the event a Default occurs and is continuing, and should all or any part of the Collateral come into the possession of DCS
prior to foreclosure, DCS may use or operate the same for the purpose of preserving it or its value, or pursuant to the order of a court of appropriate jurisdiction, or in accordance with any other rights held by DCS in respect thereof. DCS
acknowledges that any such actions shall be undertaken in a commercially reasonable manner. In such event, the risk of accidental loss or damage to the Collateral shall be on Company, and DCS shall have no liability whatsoever for failure to obtain
or maintain insurance, or to determine whether any insurance ever in force is adequate as to amounts or as to the risks insured, or for decline in the value of the Collateral. 
  
 27. DISPOSITION; APPLICATION OF PROCEEDS 
  
 DCS will give Company reasonable notice of the time and place of any public sale or of the time after which any private sale
or any other intended disposition of the Collateral is to be made. The requirements of reasonable notice shall be met if the notice is mailed, postage prepaid, to Company at least ten (10) days before the time of sale or disposition. Expenses of
retaking, holding, preparing for sale, selling or the like shall include DCS’ reasonable attorney’s fees and legal expense. DCS shall be entitled to apply the proceeds of any sale of all or any part of the Collateral toward payment of the
Loan in such order and manner as DCS, in its discretion, may deem advisable. DCS shall 
  

 - 6 - 

 DaimlerChrysler Services North America LLC 
 FLEET LOAN AND SECURITY AGREEMENT 
  
 account to Company for any surplus remaining after payment of the Obligations in full, and payment of DCS’ reasonable costs and expenses, including, without limitation, DCS’ reasonable attorneys’ fees
incurred in connection with the enforcement of DCS’ rights hereunder and the collection of the Company’s Obligations. 
  
 28. RIGHT TO APPLY POSSESSORY COLLATERAL, MONIES AND CREDITS OWED TO COMPANY 
  
 In the event of any uncured Default, DCS shall have the right to apply against Company’s Obligations, any and all
monies, securities or other Collateral of Company, and the proceeds thereof, then and thereafter in the possession of, or held or received by, or in transit to DCS, from or for the account of Company, whether for safekeeping, custody, pledge,
transmission, collection or otherwise. DCS shall have the further right, to set-off and apply against Company’s Obligations any and all deposits (general or special) and credits of Company, and any and all claims of Company against DCS at any
time existing. 
  
 PART VI. ADDITIONAL PROVISIONS

  
 29. POWER OF ATTORNEY 
  
 Company irrevocably appoints DCS as its true and lawful attorney-in-fact,
coupled with an interest, and with full power of substitution, for the purposes of accomplishing the following actions: (a) to file, and to the extent necessary, to sign Company’s name on any document that DCS may deem necessary and proper to
perfect, continue perfection, amend, or release DCS’ security rights and interest; and (b) to take such other actions as may be authorized by a court of appropriate jurisdiction. This power of attorney is given as security for the Obligations,
and the authority conferred on DCS is irrevocable and will remain in full force and effect until this Agreement is terminated. 
  
 30. INDEMNIFICATION 
  
 Company and each Guarantor unconditionally agree to indemnify, defend, and to save and to hold DCS, its parent, subsidiaries and affiliated companies, and
their respective officers and directors, employees, agents, and attorneys, harmless for any and all claims, suits, obligations, damages, losses, costs and expenses (including without limitation, DCS’ legal costs and expenses for outside
counsel), demands, liabilities, penalties, fines, and forfeitures, arising out of or in any way occasioned by this Agreement, or any other relationship between the parties. 
  
 31. TERMINATION 
  
 31.1 Termination by Company. Company may, at any time, and for any or no reason, advise DCS in writing that Company will no longer request
DCS to make additional Loan Advances, subject to this Agreement. 
  
 31.2 Termination by DCS. Company agrees that DCS may, at any time, and for any and no reason, advise Company in writing that DCS is no longer willing to make additional Loan Advances, subject this Agreement. Company again
recognizes that DCS has no obligation whatsoever to make Loan Advances under this Agreement, or otherwise, and that DCS’ agreement to do so shall be purely discretionary on DCS’ part. 
  
 31.3 Termination of DCS’ Security Rights and Interests.
DCS will have no obligation whatsoever to cancel or otherwise terminate its continuing security interest in the Collateral, or of releasing the Guarantors under their respective Guaranties, unless and until DCS is completely satisfied that all
of Company’s Obligations secured by this Agreement have been fully paid and satisfied. Only then may DCS agree to cancel and release its security interest from the public records, and to release each Guarantor from their respective Guaranties.

  
 32. GOVERNING LAW 
  
 Except where preempted by the laws of the United States, the laws of the
State of Illinois (irrespective of the conflict of laws principles of that state) shall govern the validity, construction, enforcement and interpretation of this Agreement, Company’s Note (if required), all of the other Loan Documents.

  
 33. NOTICE 
  
 Whenever this Agreement requires or permits any notice, demand or request by
one party to another, it shall be in writing, enclosed in an envelope, addressed to the party to be notified at the address set forth on the signature page to this Agreement (or at such other address as may have been designated by a party by written
notice to the other party), properly stamped, sealed and deposited in the United States mail or sent by overnight courier. Notice shall be deemed to have been given or the demand or request made on the third day after such notice has been deposited
in the mails or one day after such notice is placed with such overnight courier, as stated above. 
  
 In addition, any notice may be sent via fax and email, provided a hard copy of such fax or email is placed in the U.S. Mail within twenty-four (24) hours
after the sending of such fax or email. Notice by fax shall be deemed to have been given at the time and date shown on any acknowledgment produced by the fax machine that the notice was successfully sent to a fax number provided by the party to whom
the notice is sent. Notice by e-mail shall be deemed to have been given at the date and time of transmission to the e-mail address provided by the party to whom the e-mail is sent, unless the e-mail transmission indicates that it was not received or
other indication that the party to whom it was sent did not promptly receive the e-mail. 
  
 Any party may change the address, fax number, or email address to which notices to such party may be sent by delivering notice of such change in the manner provided for in this Section. 
  
 34. CAPTION HEADINGS 
  
 Caption headings under this Agreement are for convenience purposes only and
are not to be used to interpret or define the provisions of this Agreement. 
  
 35. UNCONDITIONAL AND IRREVOCABLE NATURE OF AGREEMENT TO CONSENT 
  
 Company’s and each Guarantor’s covenants, agreements, and consents under this Agreement and under each Guaranty are unconditional and irrevocable, and may not be withdrawn or otherwise revoked by Company or
by a Guarantor under any circumstance, other than as a result of DCS’ prior written consent, which DCS has the right to reject or withhold for any or no reason. 
  
 36. SOLE DISCRETION OF DCS 
  
 Whenever DCS’ consent or approval is required under this Agreement or under any Loan Document, DCS’ decision whether or not to consent or
approve will be in the sole and exclusive discretion of DCS, and DCS’ decision will be final and conclusive. 
  
 37. RELATIONSHIP OF THE PARTIES 
  
 Company and each Guarantor agree that nothing under this Agreement, or any course of dealings between DCS and Company, shall be construed as a
representation or warranty, express or implied to any party by DCS, and no condition hereof shall be construed so as to deem the relationship between Company and DCS to be anything other than that of a borrower and lender and lessor and lessee,.

  
 38. ASSIGNMENT 
  
 This Agreement shall be binding on the parties’ respective successors
and assigns. Notwithstanding the foregoing, Company may not assign its rights or obligations hereunder without DCS’ prior written consent. DCS may assign its rights hereunder upon prior written notice to Company. 
  
 39. INVALID PROVISIONS 
  
 If any provision of this Agreement is held to be illegal, invalid or
unenforceable under present or future laws effective during the term of this Agreement, the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected thereby, and in lieu of each such illegal, invalid
or unenforceable provision, there shall be added automatically as a part of this Agreement a provision as similar in terms to such illegal, invalid or unenforceable provision as may be possible and be legal, valid and enforceable. 
  

 - 7 - 

 DaimlerChrysler Services North America LLC 
 FLEET LOAN AND SECURITY AGREEMENT 
  
 40. PRIOR AGREEMENTS SUPERSEDED; CHANGES IN WRITING 
  
 This Agreement constitutes the sole agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties
respecting the revolving line of credit which is the subject matter of this Agreement, including without limitation, any and all documentation executed by Company and DCS for any loans or advances under Company’s previous line of credit, if
any. This Agreement may not be changed, waived, discharged or terminated without an instrument in writing signed by the party against whom the change, waiver, discharge or termination is sought. 
  
 41. COSTS AND EXPENSES 
  
 Company agrees to pay DCS upon request all out of pocket costs and expenses
and all attorneys fees and expenses incurred by DCS in connection with (a) the preparation, documentation, and execution of this Agreement and the other Loan Documents, any amendment, modification, extension, renewal or restatement of this
Agreement, any Loan Document, or lease, and any waiver or consent, (b) any Default, and (c) to represent DCS in any litigation, contest, dispute, suit or proceeding, or to commence, defend or intervene in any litigation or proceeding in any way
relating to the Loan, any lease, the Company, any Guarantor, or any Collateral. 
  
 42. JURY WAIVER 
  
 DCS and Company
waive the right to trial by jury in any lawsuit brought by any party against any other party. 
  
 COMPANY AND EACH GUARANTOR CERTIFY THAT: (1) THEY HAVE AGREED TO BE SUBJECT TO THIS AGREEMENT AND EACH LOAN DOCUMENT, AS THEIR FREE ACT AND DEED,
WITHOUT DURESS OR COERCION; (2) THEY HAVE CONSULTED WITH AN ATTORNEY, OR HAD THE OPPORTUNITY TO DO SO; (3) THEY HAVE CAREFULLY READ THIS AGREEMENT AND EACH LOAN DOCUMENT, AND HAVE AGREED TO ALL THEIR TERMS AS WRITTEN; (4) THEY HAVE KNOWINGLY
CONSENTED TO ALL WAIVERS; AND (5) NEITHER DCS OR ANYONE CONNECTED WITH DCS HAS MADE ANY STATEMENT OR PROMISE THAT MAY CONTRADICT IN ANY WAY WHAT IS WRITTEN IN THIS AGREEMENT, OR IN ANY LOAN DOCUMENT. 
  
 IN WITNESS WHEREOF, the parties have executed this Fleet Loan and
Security Agreement as of the date first written above. 
  

			
	 COMPANY:
	 	COACH FINANCIAL SERVICES, INC.
	 Authorized Signatory:
	 	  

	 Title:
	 	  

	 Address for Notices:
	 	  

	 	 	  

	 Fax Number:
	 	  

	 Email Address:
	 	  

  
 DaimlerChrysler Services North
America LLC 
  

			
	 Authorized Signatory:
	 	  

	 Title:
	 	  

	 Address for Notices:
	 	1011 Warrenville Road, Suite 600
	 	 	Lisle, Illinois 60532
	 	 	Attn: Manager, Dealer Credit
	 Fax Number:
	 	  

	 Email Address:
	 	  

  
 Disclosures Required Under Illinois
Law: 
  
 Unless you provide us with evidence of the insurance coverage
required by your agreement with us, we may purchase insurance at your expense to protect our interests in your collateral. This insurance may, but need not, protect your interests. The coverage that we purchase may not pay any claim that you make or
any claim that is made against you in connection with the collateral. You may later cancel any insurance purchased by us, but only after providing us with evidence that you have obtained insurance as required by our agreement. If we purchase
insurance for the collateral, you will be responsible for the costs of that insurance, including interest and any other charges we may impose in connection with the placement of the insurance, until the effective date of the cancellation or
expiration of the insurance. The costs of the insurance may be added to your total outstanding balance or obligation. The costs of the insurance may be more than the cost of insurance you may be able to obtain on your own. 
  

 - 8 -Bodybuilder Floorplan Financing Agreement

 Exhibit 10.2 
  
 BODYBUILDER FLOORPLAN FINANCING AGREEMENT 
  
 TO: DAIMLERCHRYSLER SERVICES NORTH AMERICA LLC Date
                    , 2005 
  
 In the course of our business, we acquire for inventory motor vehicles, vehicle chassis, accessories and attachments (all hereinafter called “Equipment”) and
desire you to pay the seller therefor, or otherwise to finance our acquisition or holding of some or all of such Equipment. We agree that you may, at any time and without notice to us, elect not to finance any Equipment sold by sellers who are in
default of their obligations to you, or with respect to which you deem yourselves insecure. 
  
 We grant you a continuing security interest in the Collateral (as defined below) to secure the prompt and punctual payment and satisfaction of each and every Loan (as defined below) and all other Obligations (as
defined below). Your security rights and interests will continue until all Loans and other Obligations, including possible contingent Obligations, are fully paid and satisfied and you elect to cancel and terminate your security interests in writing.
This is a continuing security agreement, which will continue in effect until canceled by you even though all or any part of our Obligations may be paid in full, and even though for a period of time we may not be then obligated to you. To the
extent that we use Loans or advances to purchase some or all of the Collateral, all of the Loans and Obligations, including, without limitation, Loans and advances used to purchase other Collateral or used for purposes unrelated to the purchase of
any Collateral, shall be secured by the purchased Collateral. 
  
 The term
“Collateral” refers to all of our present and future rights, titles, interests and powers in or with respect to the following described property and rights, whether now owned or hereafter acquired: (a) all inventory, to the fullest extent
defined and described in the Code (as defined below), including, without limitation, all of the Equipment and all parts inventory, and further including, without limitation, all inventory on order but not yet delivered to us, and all consigned
goods; (b) all equipment, to the fullest extent defined and described in the Code, including, without limitation, all furniture, fixtures, machinery and tools and all additions, substitutions, replacements, accessories, attachments and accessions;
(c) all investment property, to the fullest extent defined and described in the Code; (d) all accounts, contract rights, tangible chattel paper (including leases), electronic chattel paper (including leases), instruments, documents, promissory notes
and supporting obligations, in each case, to the fullest extent defined and described in the Code; (e) all general intangibles and payment intangibles (in each case, to the fullest extent defined and described in the Code) and all franchise rights,
books, records, files, computer disks, software, and commercial tort claims involving or emanating from our business or assets; (f) all rights to receive payment, credits and other compensation (including, without limitation, all holdbacks,
incentive payments, stock rebates, allowances and additional “factory credits”) from any manufacturer, distributor or supplier of inventory (including the Equipment) or equipment, or from any of their subsidiaries or affiliates; (g) all
payments and credits that you may owe to us, and all of our funds that may be in your possession or that you may retain, whether in the form of cash collateral, reserve, contingency or escrow accounts, or otherwise; and (h) all products and proceeds
(in each case, to the fullest extent defined and described in the Code) of any or all of the foregoing, including without limitation proceeds of proceeds, goods repossessed or received in trade, claims and tort recoveries, insurance proceeds,
refunds of insurance premiums, proceeds derived from our sale or assignment of chattel paper and all cash and other funds held in all deposit accounts in which proceeds may be deposited. The definitions of the types of Collateral described in this
paragraph are intended to change, expand and contract as the definitions and descriptions of such types of Collateral that are set forth in the Code change, expand or contract. 
  
 The term “Code” means the Uniform Commercial Code, as enacted in the State of Illinois, as amended and replaced from time to time.

  
 The term “Loan” refers to each and every advance, extension of
credit and other credit accommodation that you may extend to us, or to others on our behalf, including but not limited to your purchase from us of payment intangibles, accounts, chattel paper, electronic chattel paper, leases, instruments,
promissory notes, documents and general intangibles and advances made directly to manufacturers, distributors or suppliers of inventory (including the Equipment) and equipment to pay (a) extensions of credit owed by us to such manufacturers,
distributors or suppliers or (b) for inventory (including the Equipment) and equipment shipped to us by such manufacturers, distributors or suppliers. 
  
 The term “Obligations” refers to each and every present and future Loan, and all other present and future indebtedness, obligations and liabilities that we may
incur in favor of you, whether direct or indirect, absolute or contingent, liquidated or unliquidated, due or to become due, of every nature and kind, including principal, interest, fees, costs, expenses and attorneys’ fees. 

 You may file whatever financing and continuation statements, amendments, and other documents, and you may take whatever
additional actions, you deem to be necessary and proper to perfect and continue perfection of your security interests in the Collateral. To the extent that you may have previously filed financing statements affecting any of the Collateral, we ratify
and confirm your authority to do so and the contents and binding effectiveness of such financing statements. You may file a carbon, photographic, facsimile, other reproduction or electronically authenticated or maintained copy of any financing
statement or of this Agreement for use as a financing statement. You may make electronic filings of financing and other statements. All filings under this paragraph, including, without limitation, electronic filings, will be deemed to be complete
and perfected for all purposes when made by you and may be made by you without the necessity that we (or you on our behalf) sign any such financing statements or other perfection documents. We shall reimburse you for all expenses incurred with
respect to the perfection and continuation of the perfection of your security interests in the Collateral. Without limitation of the generality of the foregoing: (a) to the extent that any of the Collateral is held by a third party (such as
consignee or bailee) (i) notice of the security interests created by this Agreement in such Collateral shall be given to each such third party and (ii) we shall, upon your request, obtain and deliver to you a written and signed acknowledgement from
each such third party that it is holding the Collateral for your benefit; (b) to the extent that any of the Collateral is comprised of electronic chattel paper, we will ensure that (i) there is only one identifiable authoritative copy of the
electronic chattel paper record, (ii) the authoritative electronic chattel paper record for all electronic chattel paper in which you have a security interest will identify you as the first lien-holder, (iii) the authoritative electronic chattel
paper record for all electronic chattel paper in which you have a security interest will be transferred to and maintained by you or a third party custodian designated by you and (iv) changes or additions to the electronic chattel paper may not be
made without your consent; (c) to the extent that any of the Collateral is comprised of types of Collateral that can be perfected by possession or by either possession or filing, all such Collateral shall be delivered to you; and (d) we agree to
execute any further documents, and to take any further actions, reasonably requested by you to evidence, perfect or protect the security interests granted herein or to effectuate the rights granted to you herein. You are also authorized, at our cost
and expense, to obtain all post-filing searches from all jurisdictions that you deem advisable to confirm the proper priority of all filings made by you under this Agreement. We appoint you our true and lawful attorney-infact, coupled with an
interest, for us and in our name, to execute and sign on our behalf, and to take all acts on our behalf, that are required under this paragraph or that may otherwise be required to perfect, maintain and protect your security interests in the
Collateral, including the execution of financing statements and other documents on our behalf. Such power of attorney may not be revoked. 
  
 We will hold in trust for you, and shall forthwith remit to you, all proceeds of all Collateral received by us, or you may make direct collection thereof and credit us
with all sums received by you. 
  
 We will execute such additional documents as
you may at any time request to confirm your title and security interests in the Collateral and to evidence the Obligations. Our execution of any Request for Advance or other instrument for the amount of credit extended shall be considered evidence
and proof of our Obligations and not payment therefor. In furtherance of the foregoing, we hereby specifically authorize you at any time to do any of the following, either in your name or ours: 
  
 (1) retain all MSO or title documentation relating to the Equipment until we
have performed all of our Obligations hereunder in respect of the Equipment; 
  
 (2) write in the description of Equipment, the quantities, prices and other details of the transaction on Requests for Advance and any other instruments evidencing our Obligations to you; 
  
 (3) sign in our name by use of a facsimile signature or by any other
appropriate means all Requests for Advance and other evidences of indebtedness and all title retention or security instruments, purchase orders or other documents which you deem necessary or appropriate, including any amendments thereto, and all
other documents, including any acknowledgments, affidavits, acceptance of notice, consents to assignments and consents to repossession of the merchandise which may be needed to confirm your title to and security interests in the Collateral and to
supply any omissions or correct any errors which may exist in said Requests for Advance or other evidences of indebtedness and on all title retention or security instruments, purchase orders or other documents; 

 (4) appear in our behalf before any person authorized to take acknowledgments, affidavits and/or
statutory declarations and to acknowledge, witness and make affidavits and/or declarations concerning the signing and/or bona fides of each said document in the same manner as any employee of ours might do; and 
  
 (5) register, record and/or file on our behalf in or with all such
governmental, registry or recording offices all such documents as may be deemed advisable by you. 
  
 We warrant and agree that (except as otherwise agreed to by you in writing) the Collateral is now and shall always be free from all claims and encumbrances except yours; that we shall defend the Collateral against all
other claims and demands whatsoever; that there is and will be no other financing statement or evidence of lien outstanding with respect to the Collateral; and that we will notify you before we sign, or authorize the signing of any financing
statement or evidence of lien regardless of its coverage. 
  
 We represent to you
that until all of the Obligations are paid in full, the Collateral will be kept at: 
  

									
	1903, N. Barnes Avenue	  	Springfield	  	Greene	  	Missouri	  	65803
	(Street Address)	  	(City)	  	(County)	  	(State)	  	(Zip Code)

  
 Except that some of the Collateral may
also be kept at the following address (if applicable): 
  

									
	 	  	 	  	 	  	 	  	 
	(Street Address)	  	(City)	  	(County)	  	(State)	  	(Zip Code)

  
 We will notify you if we do business
at or keep any of the Collateral at any address other than stated above. Notwithstanding the foregoing, to the extent any Equipment is sold or leased in the ordinary course of business, we will (and will have the right to) remove such Equipment from
the foregoing location(s) and deliver possession thereof to the purchaser or lessee thereof. 
  
 We will pay promptly when due all taxes, other than income taxes, license fees, assessments and charges on the Collateral, which shall at all times be at our risk, and we will keep the Collateral insured for its full
value against fire, theft and for combined additional coverage, including vandalism and malicious mischief, and such other risks in such amounts as you may specify, in companies satisfactory to you, with a loss payable clause to you as your interest
may appear. If we fail to pay any such amount described herein, you may but are not obligated to pay them, and the amounts so advanced shall be additional Obligations from us to you and secured hereunder. 
  
 We shall not without your consent, and you do not authorize us to, rent, lend, lease,
license, pledge, create a security interest in, transfer, sell or secrete any of the Collateral, nor use it for any purpose (including, without limitation, a prohibition on the use of the Collateral for agricultural purposes) other than for (a)
exhibition for sale or lease, (b) use in the creation of a finished customized product (which will entail additions and accessions to the Equipment) and (c) other uses incidental to the sale and creation of our inventory and equipment or the
operation of our business. We shall also have liberty to sell and lease the Equipment to buyers in the ordinary course of business; provided that we shall immediately notify you of any such sale or lease of any Equipment and the proceeds thereof. We
agree to hold all Collateral and proceeds in trust until our complete payment of our Obligations to you and your title, lien or security interests shall not be impaired by any payments to the seller or anyone else, in whole or in part, by us, either
of the invoice price or of the amount of our Obligation to you, or our failure or refusal to account to you for proceeds. Notwithstanding the foregoing, to the extent any Equipment is sold or leased in the ordinary course of business, we will no
longer have to hold such Equipment in trust for you (although we will still hold the proceeds of such sale or lease in trust for you) and we will (and will have the right to) deliver possession thereof to the purchaser or lessee thereof. 

 
 You shall have the right, but without any obligation to do so, from time to time and
without prior notice to examine any Collateral, to appraise it as security, to verify its condition and the non-use thereof, to verify that all Collateral has been properly accounted for and this Agreement complied with, and to examine our books and
records. 

 We will pay you interest on the aggregate amount of all funds advanced to us (or to others on our behalf) under this
Agreement, at an annual interest rate established by you from time to time, from the date such funds are advanced until they are repaid in full. You can change the interest rate (including, without limitation, selecting and from time to time
changing (a) any index or base rate used to calculate the interest rate and (b) the percentage above or below the then applicable index or base rate) that you charge us at any time for any reason upon sixty (60) days prior written notice to us and
this provision applies notwithstanding anything to the contrary contained in any other agreement between you and us. If the interest rate that you charge us is based on a prime rate or any other index or base rate that is floating, then we waive any
notice of any change in the prime rate or other index or base rate. In no event will the interest rate that you charge us exceed the “Bank Prime Loan Rate” as published in the Federal Reserve Statistical Release H. 15 plus 3%. We
unconditionally promise to pay to you the principal amount of all funds that you may advance to us (or to others on our behalf) under this Agreement, together with the principal amount of each and every other Obligation that we may incur in your
favor. We agree that we will pay you the principal and interest owed on Equipment and on any other Loan in accordance with those terms and at those dates set forth in any applicable Finance Notice, marketing notice or other publication that you send
to us from time to time hereafter. In no event, whether by maturity, acceleration of payments or otherwise, shall the annual interest as applied to the total amount of the Obligations during any calendar year exceed that permitted by applicable law.

  
 In no event, whether by maturity, acceleration of payments or otherwise, shall
the annual interest as applied to the total amount of the Obligations during any calendar year, exceed that permitted by applicable law. Our Obligations to you under this Agreement and the Note shall be reviewed at the end of each calendar year.

  
 To induce you to extend, continue or renew Obligations to us, we warrant and
represent that the most current financial statement now and hereafter submitted by us to you is and will be true, complete and will fairly represent our financial condition. We agree to provide you with copies of our annual financial statements upon
their completion (which in no event shall be more than 120 days after the end of our fiscal year). 
  
 We will not permit any of the Collateral that is tangible property to be incorporated into or placed on the ground, or attached to any building or structure, so as to result in such Collateral becoming a fixture. If
requested by you, we agree to cause the owner or lessor of any real property to provide you with a written waiver of any rights that party may have with respect to any Collateral. 
  
 We have advised you in writing of the name and address of our current bank or depository institution and the number of our operating account
(the “Operating Account”) into which we will deposit cash proceeds of the Collateral on an interim basis before those proceeds are paid-over to you. So long as this Agreement remains in effect, we shall deposit all Collateral proceeds (not
paid-over directly to you in the form received) exclusively into the Operating Account and not into any other account we have with any bank or depository institution. We shall immediately notify you in writing before we obtain a loan or other credit
(including overdraft credit) from the bank or depository institution at which the Operating Account is located and before we open or establish a substitute or additional Operating Account. All funds in the Operating Account representing Collateral
proceeds, now and in the future on deposit in the Operating Account, are a part of the Collateral. So long as no default exists, we may continue to write checks on, make deposits into and make withdrawals from the Operating Account in the ordinary
course of our business. If and when requested by you, we will notify the bank or depository institution holding the Operating Account of your security interest the Operating Account and in the funds on deposit in the Operating Account, and that
those funds are the property of, and are held in trust for and on behalf of, you. Should we delay or fail for any reason to immediately comply with your request, you may contact and so instruct the bank or depository institution on our behalf.

  
 You may, at any time and for any or no reason, with or without cause, require
us to deliver to you, or to your designee, any certificate of origin or certificate of title/registration, as applicable, with respect to each item of Equipment. You may retain physical possession of those certificates until such time as the
particular Equipment is sold or leased in the ordinary course of our business and we pay over the Collateral proceeds to you. If any of the Collateral is actually titled in our name, we will (a) show you as the first priority lienholder on the
certificate of title for such Collateral and (b) not change the state in which such Collateral is titled without your prior written consent. 

 We will not merge into, acquire, be acquired by or consolidate with any other person or entity. The location of our (a)
residence, if we are individual(s) or a sole proprietorship, or (b) principal place of business, if we are a business entity that is created without any state filings, is and will continue to be the state recited in the address following our
signature to this Agreement. Our exact legal name is and will continue to be the name indicated in our signature block at the end of this Agreement. We are and will continue to be a duly organized business entity of the type described in, and our
state of organization is and will continue to be the state recited in, our signature block at the end of this Agreement (provided that if we are individual(s) there shall be no business entity designation in said signature block). While we have no
right to take any of the actions described in this paragraph (nor any right to change the state in which any Collateral is physically located or titled) without your prior written consent, if any such actions occur (or if the state in which any
Collateral is physically located or titled changes), we will immediately notify you of any such actions or occurrences. 
  
 We represent and warrant to you that: (a) we have title to, rights in and/or the power to transfer the Collateral; (b) all of the Obligations have been and will be
incurred for commercial purposes and are not and will not be “consumer transactions” or “consumer-goods transactions” (both as described and defined in the Code); (c) the proceeds of the Obligations will be used only for
commercial purposes and not consumer purposes; and (d) all of the Collateral is, has been or will be used, acquired or held for commercial purposes and does not and will not constitute “consumer goods” (as described and defined in the
Code). 
  
 If we breach any of the terms of this Agreement, the Note, or any other
Obligations to you, whether hereunder or otherwise, or we become insolvent or cease to do business as a going concern, or a petition in any bankruptcy, or in a state insolvency proceeding, or for arrangement or reorganization is filed by or against
us, or any property belonging to us is attached or seized or foreclosed upon (or any proceedings for such attachment, seizure or foreclosure are commenced, whether judicial or nonjudicial) or a receiver is appointed for us, or whenever you in good
faith deem the Obligations or the Collateral insecure (such occurrences being called a “default”): 
  
 (1) At your option, all or any part of our Obligations to you hereunder and all other Obligations then owing by us to you or your affiliates shall become
due and payable forthwith without demand and thereafter we shall have no liberty to exhibit, sell or lease the Collateral or to take any other action with respect thereto to which you may have previously consented; and we shall hold and keep the
Collateral secure and in good condition for your benefit as herein provided; 
  
 (2) You may enter upon any premises where any of the Collateral may be located, without notice or demand, in order to take possession of the Collateral to the extent such repossession can take place without a breach
of the peace and in accordance with applicable law; 
  
 (3) Upon
your demand, we shall assemble and deliver the Collateral to you in good order at a place designated by you, which is reasonably convenient to both of us. 
  
 You shall have all of the rights and remedies of a secured party under the Code, at common law, in equity, under any other statute, under this Agreement or under any
other agreement or instrument (including guaranties) that may have been executed in connection with any of the Obligations or that may be so executed in the future. Your rights and remedies hereunder shall be cumulative. Such rights and remedies
shall include, in addition to the rights and remedies set forth in clauses (1), (2) and (3) above: (a) the right for you to dispose of the Collateral or any portion thereof at public or private sale or in strict foreclosure, in any manner permitted
by law; (b) the right for you to retain some or all of the Collateral in either full or partial satisfaction of the Obligations and, in connection with such retention, we acknowledge and agree that (i) we will remain liable to you for any deficiency
amount remaining after crediting against the Obligations the value received by you as a result of the Collateral that was so retained and (ii) your mere re-possession of some or all of the Collateral shall not constitute a retention of such
Collateral in either full or partial satisfaction of the Obligations unless you notify us in writing that you are retaining some or all of the Collateral in partial or full satisfaction of the Obligations; (c) the right for you to collect and
enforce, against the account debtors under, lessee’s under, obligors under, makers of or other counterparties to any Collateral, all Collateral that is comprised of accounts, chattel paper, electronic chattel paper, contract rights, leases,
instruments, promissory notes, supporting obligations, documents, general intangibles, payment intangibles, factory credits of the nature described in subparagraph (h) of the definition of Collateral and insurance proceeds and, in connection
therewith, (i) you may, in your sole discretion, (A) notify all account debtors, lessees, obligors, makers and other 

 counterparties to all of such Collateral of the assignment of such Collateral, (B) direct such account debtors, lessees,
obligors, makers and other counterparties to pay all rentals, payments and other proceeds under such Collateral directly to you for application to the Obligations and (C) instruct such account debtors, lessees, obligors, makers and other
counterparties to respond to direct inquiries and requests for information from you with respect to any and all matters and transactions involving us or our affiliates and (ii) we waive all rights of confidentiality and privacy and instruct such
account debtors, lessees, obligors, makers and other counterparties to provide you with whatever information and schedules you may require; and (e) any other rights and remedies under the Code. We waive any right we may have to require you to pursue
(I) any third parties that may be liable for the Obligations or (II) any other collateral for the Obligations before you pursue your rights and remedies under this Agreement. 
  
 With respect to any sale of the Collateral by you under this Agreement or the Code: (a) you have no obligation to clean-up or otherwise
prepare any of the Collateral for sale; (b) you may, in any such sale, specifically disclaim any warranties of title or fitness or any other warranties that are legally waivable; (c) you may comply with any applicable state or federal law
requirements in connection with the Collateral, and the disposition thereof, and such compliance will not be considered to adversely affect the commercial reasonableness of any sale of the Collateral; (d) we agree that ten (10) days prior written
notice of any sale of the Collateral (other than perishable Collateral or other quickly diminishing (whether in value or existence) Collateral, for which shorter notice periods will be allowed) shall be deemed to be reasonable notice of such sale,
whether such sale is public, private or a strict foreclosure; and (f) if you sell any of the Collateral upon credit (i) the Obligations will be credited only with payments actually made by the purchaser of the Collateral that are received by you and
applied to the indebtedness of the purchaser to you in connection with the sale of the Collateral and (ii) in the event the purchaser fails to pay for the Collateral, you may resell the Collateral and no portion of the unpaid sales price to the
purchaser will be credited against the Obligations. 
  
 In addition to the
foregoing, if our principal place of business is in Louisiana and you must bring proceedings by executory process to enforce this Agreement and/or the Note, we agree to waive any demand for payment, the three days’ delay, any pleas of division
and discussion, and the right to appraisement. Also, if we are based in Louisiana and we default, you (or anyone you designate) may immediately seize and sell the Collateral and, pursuant to LSA-R.S. 9:5136 et seq., you or your designee is appointed
as keeper or receiver of the Collateral. 
  
 Your failure to take action as to any
default shall not be deemed a waiver of any of your rights as to that default, and you shall always be able subsequently to exercise all your rights as to any default. No waiver or change of any part of this Agreement shall bind you unless in
writing signed by one of your officers. 
  
 We waive and agree not to assert any
and all claims and defenses that we may have and that are legally waivable. 
  
 We
shall reimburse you for all costs and expenses (including without limitation, your reasonable legal costs and expenses of both in house and outside counsel) incurred by you in exercising any of your rights and remedies described above. 

 
 This Agreement shall be effective from its date, and on and after that date shall replace
any prior agreement between us covering the same subject and shall, together with any Notification of Approval or Notification of Renewal, govern our Obligations to you that are now outstanding or hereafter incurred under this Agreement. It shall
also inure to and bind your and our respective successors and permitted assigns (it being agreed and understood that we may not assign our rights or obligations under this Agreement without your written consent). We agree that you may terminate this
Agreement at any time and from time to time change the line of credit, rates, charges and other terms. Either party may terminate this Agreement at any time by written notice to the other, but no termination shall relieve us from any Obligation to
you arising out of your advances or commitments made prior to the effective date of termination. 
  
 We waive all exemptions and homestead laws to the extent permitted by applicable law. WE HEREBY WAIVE THE RIGHT TO A TRIAL BY JURY IN ANY COURT IN ANY ACTION OR PROCEEDING WHETHER IN TORT, CONTRACT, OR OTHERWISE, IN
WHICH WE, OR YOU OR ANY OF YOUR AFFILIATES, OR OUR OR YOUR ASSIGNEES ARE PARTIES, AS TO ALL MATTERS AND THINGS ARISING, DIRECTLY OR INDIRECTLY, OUT OF THIS AGREEMENT. If any provision of this Agreement is inconsistent with or in contravention of
applicable law, then such provision shall be deemed inoperative and of no force and effect, but all other terms shall remain in full force and effect. We acknowledge receipt of a true copy and waive formal acceptance hereof. 

 GOVERNING LAW. ACKNOWLEDGING THAT YOU WILL BE EXTENDING OBLIGATIONS FROM, AND RECEIVING PAYMENTS HEREUNDER IN, THE
STATE OF ILLINOIS, THE PARTIES AGREE THAT THIS AGREEMENT SHALL BE DEEMED TO HAVE BEEN MADE UPON YOUR ACCEPTANCE AND EXECUTION AT YOUR OFFICES IN THE STATE OF ILLINOIS. THIS AGREEMENT SHALL BE INTERPRETED, AND THE RIGHTS AND LIABILITIES OF THE
PARTIES DETERMINED, BY THE LAWS AND COURTS OF THE STATE OF ILLINOIS, TO THE EXCLUSION OF THE COURTS OF ANY OTHER STATE; PROVIDED, HOWEVER, THAT YOU SHALL HAVE THE RIGHT, BUT NOT THE OBLIGATION, TO ENFORCE YOUR RIGHTS IN ANY STATE OR COUNTRY IN WHICH
WE, THE COLLATERAL, OR ANY OF OUR OR ANY GUARANTOR’S ASSETS ARE LOCATED, IN WHICH CASE THE LAWS OF THE STATE OF ENFORCEMENT SHALL GOVERN. 
  
 All notices from you to us shall be sufficiently given if mailed or delivered to us at our address set forth below. Notices to you shall be sent to your address set forth
below, or to such other address as you may notify us in writing. 

 BODYBUILDER FLOORPLAN FINANCING AGREEMENT 
  
 IN WITNESS WHEREOF, this Agreement has been duly executed by and on behalf of the undersigned
the date and year first above written. 
  

							
	 	  	ACCEPTANCE BY YOU AT YOUR OFFICES IN LISLE, ILLINOIS.
	 Springfield Coach Industries Corporation, Inc.
 a(n) Missouri Corporation
	  	DAIMLERCHRYSLER SERVICES NORTH AMERICA LLC
				
	By:	 	  

	  	By:	 	  

	Title:	 	  

	  	Title:	 	  

	 	 	(President, Vice President or Treasurer should sign and give official title.)	  	 	 	 
				
	Address:	 	1903 N. Barnes Avenue	  	Address:	 	1011 Warrenville Road
	 	 	Springfield	  	 	 	Lisle, IL 60532
	 	 	Missouri 65803	  	 	 	Attn: Group Leader, Specialty Products

 FINANCE NOTICE 
  
 This Finance Notice is provided to you by DaimlerChrysler Services North America LLC (“DCS”) in connection with the Bodybuilder
Floorplan Financing Agreement (“Agreement”) between Dealer and DCS. Any capitalized terms as used herein shall have the meaning set forth in the Agreement. 
  
 1. REPAYMENT TERMS In connection with Equipment financed by DCS and prior to any required payoff as set forth in the
Agreement, Dealer must deliver payments to DCS as follows: 
  
 A.
EQUIPMENT The Dealer must deliver the Payoff Amount to DCS 180 days from the date that DCS extends financing on the item of Equipment as reflected in invoices that will be sent to Dealer by DCS. 
  
 B. EXTENSION OF PAYMENT PERIOD If Dealer elects not to pay the Payoff
Amount on the 180 day period, so long as Dealer is not in default under the Agreement, then Dealer may extend the applicable maturity date by two successive 90-day periods by paying to DCS a principal reduction equal to 10% of the initial principal
amount financed by DCS on the date financing was first extended to Dealer by DCS for each 90 day extension. 
  
 2. MONTHLY INVOICES On a monthly basis, DCS will send you an invoice reflecting the flat charges and interest that Dealer owes to DCS and you must send payment to DCS upon receipt of the invoice. Interest will
be based on the outstanding balance that Dealer owes to DCS under the Agreement as of the end of the period set forth in the invoice. 
  
 3. INTEREST CALCULATION Interest will be assessed by application of a daily interest factor to the unpaid principal balance outstanding from time to time. The
daily interest factor is to be determined by dividing the then applicable simple interest rate under the Agreement by 360, and then applying that daily interest rate over the number of days elapsed in a calendar year of 365 days, or 366 days in a
leap year. 
  
 4. BASE RATE/INDEX CHANGE The index or base rate will be the
Prime Rate as published by the Wall Street Journal, Midwest Edition, from time to time in its “Money Rates” column as the prevailing prime interest rate charged by money center banks in New York, New York. If for some reason The Wall
Street Journal ceases to publish such interest rate index, or substantially changes the methodology used to determine the interest rate index, then such interest rate index may be otherwise independently determined by DCS from an alternative source
available to DCS, or may be calculated by DCS on a basis substantially similar to the methodology formally used by The Wall Street Journal. The Prime Rate shall be subject to adjustment twice each month, as of the 1st and 16th day of each calendar
month.

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