Document:

EX-10.18

 Exhibit 10.18 
  

PERFORMANCE GUARANTY 

This Performance Guaranty (this “Guaranty”) is entered into as of April 27, 2015, by FC HoldCo LLC (the
“Guarantor”), in favor of Wells Fargo Bank, National Association, as administrative agent under the Warehouse Agreement (as defined below) (in such capacity, the “Administrative Agent”). 

WHEREAS, FCA Funding I LLC, as borrower (the “Borrower”), Flagship Credit Acceptance LLC (“Flagship”), as
servicer (in such capacity, the “Servicer”), CarFinance Capital LLC, a Delaware limited liability company (“CarFinance”), as Subservicer, the Conduit Lenders from time to time party thereto, the Committed Lenders
from time to time party thereto, the Lender Group Agents from time to time party thereto, Wells Fargo Bank, National Association (“Wells Fargo”), as backup servicer (in such capacity, the “Backup Servicer”),
Deutsche Bank National Trust Company, as collateral custodian (in such capacity, the “Collateral Custodian”), and Wells Fargo Bank, National Association, as the Administrative Agent, as paying agent (in such capacity, the
“Paying Agent”) and as Securities Intermediary (as amended, restated, supplemented or otherwise modified from time to time, the “Warehouse Agreement”); 

WHEREAS, the Borrower, as purchaser, FC Funding LLC, as seller (in such capacity, the “Seller”) and Flagship and CarFinance,
as Originators, are parties to that certain Purchase Agreement, dated as of April 27, 2015 (as amended, restated, supplemented or otherwise modified from time to time, the “Purchase Agreement”); 

WHEREAS, the Guarantor will receive substantial direct and indirect benefits from the consummation of the transactions contemplated by the
Transaction Documents; and 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants set forth herein, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Guarantor, the parties hereto agree as follows: 

Section 1. Definitions. Unless otherwise defined in this Guaranty, all defined terms used in this Guaranty shall have the meanings
ascribed to such terms in the Warehouse Agreement. 
 Section 2. Guaranty of Obligations. 

(a) The Guarantor hereby absolutely, irrevocably and unconditionally guarantees for the benefit of the Administrative Agent and the other
Secured Parties, the due and punctual performance by each of Flagship (as Servicer, as Originator and/or in its individual capacity), CarFinance (as Subservicer, as Originator and/or in its individual capacity) and FC Funding (as Seller and/or in
its individual capacity) of its covenants, agreements and obligations contained in the Transaction Documents to which Flagship, CarFinance and/or FC Funding, as applicable, is a party (the “Obligations”). 

(b) For the avoidance of doubt, the Guarantor shall have no obligation to guaranty (and does not guaranty) any obligations of the Obligors
under the Receivables or any obligation of the Borrower under the Warehouse Agreement. 

 Section 3. Unconditionality; Irrevocability. (a) This is an absolute,
unconditional and continuing guaranty of payment and performance of all Obligations, and the Guarantor agrees that its obligations under this Guaranty shall be irrevocable. The dissolution, insolvency or adjudication of bankruptcy of the Guarantor
shall not revoke this Guaranty. 
 (b) No act or thing need occur to establish the liability or obligation of the Guarantor hereunder, and
no act or thing, except full payment, discharge and performance of all Obligations, shall in any way exonerate the Guarantor hereunder or modify, reduce, limit or release the liability of the Guarantor hereunder. The Administrative Agent and the
other Secured Parties shall not be required first to resort to payment of the Obligations by Flagship, CarFinance, FC Funding or any other Person, or their properties, before enforcing this Guaranty. Until payment in full of the Obligations, the
Obligations of the Guarantor under this Guaranty shall not be affected, modified or impaired upon the happening from time to time of any event, including, without limitation, the events described in Section 4 herein, whether or not with notice
to or the consent of the Guarantor. 
 (c) The Guarantor further agrees that, if any payment applied hereunder to the Obligations is
thereafter set aside, recovered, rescinded or required to be returned for any reason (including, without limitation, the bankruptcy, insolvency or reorganization of Flagship, CarFinance, FC Funding or any other obligor) or declared to be fraudulent
or preferential, the Obligations to which such payment was applied shall for the purpose of this Guaranty be deemed to have continued in existence, notwithstanding such payment, and this Guaranty shall be enforceable as to such Obligations as fully
as if such payment had never been made. The provisions of this Section 3(c) hereof shall survive any termination of this Guaranty. 

Section 4. Continuation and Validity of Obligations. The liability of the Guarantor shall not be affected or impaired by any of
the following events: (a) the validity, enforceability, discharge, disaffirmance, settlement or compromise (by any Person, including any trustee in bankruptcy or other similar official) of the Obligations or of the Transaction Documents,
(b) the absence of any attempt to collect the Obligations from Flagship, CarFinance, FC Funding or any guarantor or other Person, (c) the waiver or consent by the Administrative Agent, any Lender Group Agent, any Lender or any other Person
with respect to any provision of any instrument or agreement evidencing the Obligations, any delay or lack of diligence in the enforcement of the Obligations, or any failure to institute proceedings, file a claim, give any required notices or
otherwise protect the Obligations other than the obligations sought to be enforced, (d) any change of the time, manner or place of payment or performance, or any other term of any of the Obligations, (e) any law, regulation or order of any
jurisdiction affecting any term of any of the Obligations or rights of the Administrative Agent, any Lender Group Agent or any Lender with respect thereto, (f) the failure by the Administrative Agent, any Lender Group Agent or any Lender to
take any steps to perfect and maintain perfected the Administrative Agent’s security interest in the Receivables, Financed Vehicles or other property acquired from the Borrower or any security or collateral related to the Obligations,
(g) the commencement of any bankruptcy, insolvency or similar proceeding with respect to Flagship, CarFinance, FC Funding, the 

  
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Borrower or any other affiliate of Flagship, CarFinance or FC Funding, (h) any full or partial release of, compromise or settlement with, or agreement not to sue, Flagship, CarFinance, FC
Funding or any guarantor or other person liable in respect of any Obligations, (i) any release, surrender, cancellation or other discharge of any evidence of the Obligations or the acceptance of any instrument in renewal or substitution
thereof, (j) any collection, sale, lease or disposition of, or any other enforcement of or realization on, any Receivable or Financed Vehicle, (k) any assignment, pledge or other transfer of the Obligations or any evidence thereof,
(l) any acceptance of collateral security, guarantors, accommodation parties or sureties for any or all Obligations, (m) any change in the existing relationship between the Guarantor and Flagship, CarFinance and/or FC Funding including,
without limitation, any sale or other transfer of the membership interests of Flagship, CarFinance or FC Funding by the Guarantor or (n) any legal or equitable discharge or defense of the Guarantor. The Guarantor waives any and all defenses and
discharges available to a surety, guarantor or accommodation co-obligor. 
 Section 5. Representations and Warranties.
The Guarantor hereby makes the following representations and warranties as of the date hereof, with respect to itself alone, on which the Administrative Agent, the Lender Group Agents and the Lenders will be deemed to have relied upon in entering
into the Warehouse Agreement and making Loans under the Warehouse Agreement: 
 (a) Existence and Power. The Guarantor is a limited
liability company duly formed, validly existing and in good standing under the laws of its state of organization and has all limited liability company power and authority required to carry on its business as it is presently conducted and to execute,
deliver and perform this Guaranty. The Guarantor has obtained all necessary licenses and approvals, in all jurisdictions where the failure to do so would materially and adversely affect the financial condition, business or operations of the
Guarantor. 
 (b) Corporate Authorization and No Contravention. The execution, delivery and performance by the Guarantor of this
Guaranty has been duly authorized by all necessary limited liability company action and does not contravene or constitute a default under (i) any applicable law, rule or regulation, (ii) its organizational documents or (iii) any
material agreement, material contract, order or other material instrument to which it is a party or its property is subject, except where such contravention or default would not have a material adverse effect on the financial condition, business or
operations of the Guarantor. 
 (c) No Consent Required. No approval or authorization by, or filing with, any (i) Federal,
state, municipal, foreign or other governmental entity, board, bureau, agency or instrumentality, (ii) administrative or regulatory authority (including any central bank or similar authority) or (iii) court or judicial authority is
required in connection with the execution, delivery and performance by the Guarantor of this Guaranty other than (A) approvals and authorizations that have previously been obtained and filings that have previously been made or approvals,
authorizations or filings which will be made on a timely basis and (B) approval, authorizations or filings which, if not obtained or made, would not have a material adverse effect on the financial condition, business or operations of the
Guarantor. 
 (d) Binding Effect. This Guaranty constitutes the legal, valid and binding obligation of the Guarantor enforceable
against the Guarantor in accordance with its terms, except as 

  
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limited by bankruptcy, insolvency, or other similar laws of general application relating to or affecting the enforcement of creditors’ rights generally and subject to general principles of
equity. 
 (e) No Proceedings. There are no actions, suits or proceedings pending or, to the knowledge of the Guarantor, threatened
in writing against the Guarantor before or by any Governmental Authority that (i) assert the invalidity or unenforceability of this Guaranty, (ii) seeking to prevent the consummation of any of the transactions contemplated by this
Guaranty, (iii) seeking any determination or ruling that would materially and adversely affect the performance by the Guarantor of its obligations under this Guaranty or (iv) seeking any determination or ruling that would materially and
adversely affect the validity or enforceability of this Guaranty. 
 (f) Benefits. The Guarantor has a substantial economic interest
in Flagship, CarFinance and FC Funding and expects to derive substantial benefits therefrom and from the transaction described in the Transaction Documents, any loans, credit transactions, financial accommodations, discounts, purchases of property
and other transactions and events resulting in the creation of Obligations and the other obligations guaranteed hereby, and this Guaranty shall be effective and enforceable by the Administrative Agent without regard to the receipt, nature or value
of any such benefits. 
 (g) Solvency. The Guarantor is not insolvent nor will it be rendered insolvent by virtue of entering into or
carrying out this Guaranty. 
 Section 6. Independent Obligations. The obligations of the Guarantor hereunder are undertaken as
primary obligor and independently of the obligations of Flagship, CarFinance and FC Funding, or any other obligor, guarantor or Person, and action or actions may be brought or prosecuted directly against the Guarantor whether or not action is
brought first or at all against Flagship, CarFinance, FC Funding or any other obligor, guarantor or Person, against any collateral security or any other circumstance whatsoever, and whether or not Flagship, CarFinance, FC Funding or any other
obligor, guarantor or Person is joined in any such action or actions, or any claims or demands are made or are not made, or any action is taken on or against Flagship, CarFinance, FC Funding, any other obligor, guarantor or Person or any collateral
security or otherwise. 
 Section 7. Waivers. The Guarantor waives any and all defenses, claims, setoffs and discharges of
Flagship, CarFinance, FC Funding, or any other obligor, pertaining to the Obligations. Without limiting the generality of the foregoing or any other provision hereof, to the fullest extent permitted by applicable law, the Guarantor hereby waives:
(a) any defense arising by reason of any invalidity or unenforceability of Flagship’s, CarFinance’s or FC Funding’s obligations in respect of the Transaction Documents, any manner in which the Administrative Agent, the Lender
Group Agents or the Lenders have exercised (or not exercised) any rights and remedies under the Transaction Documents or the Notes, or any cessation from any cause whatsoever of the liability of any obligor, guarantor or Person; (b) all
presentments, demands for performance, notices of nonperformance, protests, notices of protest, notices of dishonor and notices of acceptance of the Transaction Documents and this Guaranty; (c) any release of any of the Collateral (as defined
in the Warehouse Agreement) provided under the Warehouse 

  
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Agreement or other Transaction Documents; (d) notice of any indulgences, extensions, consents or waivers given to Flagship, CarFinance, FC Funding or any other obligor, guarantor or Person,
notice of any Servicer Termination Event under the Warehouse Agreement, any Unmatured Termination Event or Termination Event under the Warehouse Agreement or default or event of default under any of the other Transaction Documents or other notice of
any kind whatsoever; (e) any right or claim of right to cause the Administrative Agent, any Lender Group Agent or any Lender to proceed against Flagship, CarFinance, FC Funding or any other obligor, guarantor or Person in any particular order,
to proceed against or exhaust any collateral security held by the Administrative Agent, any Lender Group Agent or any Lender at any time or to pursue any other right or remedy whatsoever at any time; (f) any requirement of diligence or
promptness on the Administrative Agent’s part in (X) making any claim or demand on or commencing suit against Flagship, CarFinance, FC Funding or any other obligor, guarantor or Person, and (Y) otherwise enforcing the Administrative
Agent’s rights in respect of the Warehouse Agreement or the other Transaction Documents; (g) any defense of waiver, release, discharge in bankruptcy, statute of limitations, res judicata, statute of frauds, anti-deficiency statute, fraud,
usury, illegality or unenforceability which may be available to any person liable in respect of any Obligations, or any setoff available against, the Administrative Agent, any Lender Group Agent or any Lender to Flagship, CarFinance, FC Funding or
any other such person, whether or not on account of a related transaction; and (h) any duty of the Administrative Agent, any Lender Group Agent or any Lender to advise the Guarantor of any information known to the Administrative Agent, any
Lender Group Agent or any Lender regarding the financial condition of Flagship, CarFinance or FC Funding or any other circumstance, it being agreed that the Guarantor assumes responsibility for being and keeping informed of such condition or any
such circumstance. 
 Without limiting the generality of the foregoing, to the fullest extent permitted by applicable law, the Guarantor
specifically waives all defenses the Guarantor may have based upon any election of remedies by the Administrative Agent, any Lender Group Agent or any Lender which destroys the Guarantor’s rights to proceed against Flagship, CarFinance, FC
Funding or any other obligor, guarantor or Person for reimbursement, contribution or otherwise, including any loss of rights that it may suffer by reason of any rights, powers, remedies or defenses of Flagship, CarFinance and/or FC Funding in
connection with any laws limiting, qualifying or discharging indebtedness of or remedies against Flagship, CarFinance and/or FC Funding, and the Guarantor hereby agrees not to exercise or pursue, so long as any of the Obligations remain unsatisfied,
any right to reimbursement, subrogation, or contribution from Flagship, CarFinance and/or FC Funding in respect of payments hereunder. 

Section 8. Significance of Waivers. The Guarantor represents, warrants and agrees that each of the waivers set forth herein are
made with the Guarantor’s full knowledge of its significance and consequences, with the understanding that events giving rise to any defense waived may diminish, destroy or otherwise adversely affect rights which the Guarantor otherwise may
have against Flagship, CarFinance, FC Funding or any other obligor, guarantor or Person, or against collateral, and that under the circumstances the waivers are reasonable. 

Section 9. Reimbursement. The Guarantor shall pay or reimburse all reasonable and documented out-of-pocket costs and expenses
(including reasonable attorneys’ fees and legal expenses) incurred by the Administrative Agent, any Lender Group Agent or any Lender in connection with the protection, defense or enforcement of this Guaranty in any litigation or bankruptcy or
insolvency proceedings. 

  
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 Section 10. Cumulative Liability. The liability of the Guarantor under this Guaranty
is in addition to and shall be cumulative with all other liabilities of the Guarantor as Guarantor, surety, endorser, accommodation co-obligor or otherwise of any Obligations or obligation of Flagship, CarFinance and FC Funding, without any
limitation as to amount. 
 Section 11. [Reserved]. 

Section 12. Amendments. This Guaranty may not be waived, modified, amended, terminated, released or otherwise changed except by a
writing signed by the Guarantor and the Administrative Agent. The Guarantor may not assign its obligations hereunder without the prior written consent of the Administrative Agent. 

Section 13. Governing Law. THIS GUARANTY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL, SUBSTANTIVE LAWS OF
THE STATE OF NEW YORK INCLUDING SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW BUT EXCLUDING TO THE MAXIMUM EXTENT PERMITTED BY LAW ALL OTHER RULES THEREOF RELATING TO CONFLICTS OF LAW AND
THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 Section 14.
Submission to Jurisdiction. Each of the parties hereto hereby irrevocably and unconditionally: 
 (a) submits for itself and its
property in any legal action or proceeding relating to this Guaranty or any documents executed and delivered in connection herewith, or for recognition and enforcement of any judgment in respect thereof, to the nonexclusive general jurisdiction of
the courts of the State of New York, the courts of the United States of America for the Southern District of New York and appellate courts from any thereof; 

(b) consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have
to the venue of such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not to plead or claim the same; and 

(c) agrees that nothing herein shall affect the right to effect service of process in any manner permitted by law or shall limit the
right to sue in any other jurisdiction. 
 Section 15. Counterparts. This Guaranty may be executed in any number of
counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. 

Section 16. Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Guaranty
shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Guaranty and shall in no way affect the validity or
enforceability of the other provisions of this Guaranty. 

  
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 Section 17. Benefits; Third-Party Beneficiary. This Guaranty shall be effective as of
the date hereof, without further act, condition or acceptance by the Administrative Agent, any Lender Group Agent or any Lender, shall be binding upon the Guarantor and the successors and assigns of the Guarantor and shall inure to the benefit of
the Administrative Agent, the other Secured Parties and their respective participants, successors and assigns. 
 Section 18.
Termination. This Guaranty shall terminate upon the occurrence of the Facility Termination Date; provided, however, that the provisions of Section 3(c) hereof shall survive any termination of this Guaranty. 

Section 19. Notices. All notices and other communications provided for hereunder shall be in writing (including by facsimile or
electronic mail) and mailed, sent or delivered to the applicable party (i) in the case of the Administrative Agent, at the address specified for notices in the Warehouse Agreement, and (ii) in the case of the Guarantor, at c/o Perella
Weinberg Partners Capital Management, 767 Fifth Avenue, New York, NY 10153. All such notices and communications shall be effective, (i) if personally delivered, when received, (ii) if sent by certified mail, three Business Days after
having been deposited in the mail, postage, prepaid, and (iii) if transmitted by facsimile or electronic mail, when sent, receipt confirmed by telephone or electronic means. 

[SIGNATURE PAGE FOLLOWS] 

  
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 IN WITNESS WHEREOF, this Guaranty has been duly executed by the parties hereto as of the date and
year first above written. 
  

			
	FC HOLDCO LLC, as Guarantor
		
	By:		 /s/ Jeffrey Butcher

	Name:		Jeffrey Butcher
	Title:		Chief Financial Officer

  
 Signature Page to
Performance Guaranty 
 (FCA Funding I LLC Warehouse Agreement) 

 
			
	ACKNOWLEDGED:
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent
		
	By:		 /s/ James B. Brinkley II

	Name:		James B. Brinkley II
	Title:		Director

  
 Signature Page to
Performance Guaranty 
 (FCA Funding I LLC Warehouse Agreement)EX-10.19

 Exhibit 10.19 

AMENDED AND RESTATED FORWARD FLOW PURCHASE AGREEMENT 

This AMENDED AND RESTATED FORWARD FLOW PURCHASE AGREEMENT (this “Agreement”), is entered into as of April 27, 2015 (the
“Effective Date”), by and among FLAGSHIP CREDIT ACCEPTANCE LLC, a Delaware limited liability company (“FCA”), CARFINANCE CAPITAL LLC, a Delaware limited liability company (“CFC”), and FC FUNDING LLC, a Delaware
limited liability company (“Purchaser”). Each of FCA and CFC are referred to herein as “Seller” and collectively as “Sellers” and shall be severally liable hereunder. 

RECITALS 
 Each
Seller is an automobile finance company engaged in the business of originating, acquiring and servicing Contracts (as defined herein). 

Seller desires to sell all of its rights, title and interest in, to and under certain Contracts (as defined herein) and the related Contract
Assets (as defined herein) originated and acquired by Seller from time to time and, in connection with the merger of the Sellers’ parent holding companies and in furtherance of the integration of Sellers’ business and financial matters,
each Seller desires to sell such rights, title and interest to the same purchaser. 
 Purchaser desires to purchase all of Seller’s
rights, title and interest in, to and under such Contracts and Contract Assets, all on the terms and conditions hereinafter set forth. 

NOW THEREFORE, in consideration of the foregoing recitals and the mutual covenants and agreements of the parties hereinafter set forth, and
for other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
 1.
DEFINITIONS 
 “Agreement” has the meaning set forth in the Preamble hereto. 

“Amount Financed” means, with respect to each Contract, the amount advanced under such Contract toward the purchase or
refinance of an Automobile and any related costs, including, without limitation, amounts advanced in respect of accessories, insurance premiums and service and warranty contracts. 

“Assignment” means, with respect to any Eligible Contract, the assignment in the form of Exhibit B hereto. 

“Automobiles” means new and used automobiles, light- or medium-duty trucks, minivans, or sport utility vehicles, together
with all accessories thereto, the purchase or refinance of which the Obligors financed through Contracts. 

  
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 “Business Day” means any day that is not a Saturday, a Sunday or other day on
which commercial banks in the City of New York, New York are required or authorized by law to be closed. 
 “CFC” has the
meaning set forth in the Preamble hereto. 
 “Contract” means an automotive retail installment sale contract or installment
note and security agreement or conditional sale contract pursuant to which an Obligor has (a) agreed to pay the Amount Financed set forth therein for the purchase or refinance of the related Automobile and the finance charges thereon, and
(b) granted a security interest in the Automobile (and proceeds thereof) to secure the payment of the amounts owed thereunder. 

“Contract Asset” means: 

(a) the Receivables and the Contracts under which the Receivables arise (including, without limitation, all security interests and all rights
to receive payments which are collected pursuant thereto, including any net liquidation proceeds therefrom), and all accounts and general intangibles (as defined in the applicable Uniform Commercial Code) related thereto; 

(b) all rights of Seller under any physical damage or other individual insurance policy, any debt insurance policy or any debt cancellation
agreement relating to any such Contract, an Obligor or an Automobile securing such Contract; 
 (c) all security interests of Seller in each
such Automobile and related goods (including returned or repossessed goods); 
 (d) all documents contained in the related Contract Files;

 (e) all rights of Seller to certain rebates of premiums and other amounts relating to insurance policies, debt cancellation agreements,
extended service contracts or other repair agreements and other items, in each case, financed under such Contracts; 
 (f) all guaranties,
insurance, supporting obligations and other agreements or arrangements of whatever character from time to time supporting or securing payment of amounts owed such Contract, granted to or in favor of Seller; 

(g) all of Seller’s other security interests or liens and property interests pursuant to such Contract from time to time, if any,
purporting to secure payment of amounts owed under such Contract; 
 (h) all accounts, chattel paper, instruments, payment intangibles,
promissory notes, goods, documents, investment property and financial assets consisting of, arising from or related to the foregoing; 

  
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 (i) all rights of Seller to realize upon any property that shall have secured a Contract
(including the Automobiles); and 
 (j) all proceeds and products of the foregoing items (a)-(i) above. 

“Contract File” means with respect to any Contract, (a) the fully executed original of the Contract, including any
amendments or modifications thereto, and (b) where permitted by law, the original certificate of title or otherwise such documents, if any, indicating that the application for title has been filed with the proper entity, and that the Automobile
is owned by the Obligor and subject to the perfected first priority security interest of Seller or its designee as lienholder or secured party. 

“Effective Date” has the meaning set forth in the Preamble hereto. 

“Eligible Contract” means a Contract that satisfies the Eligibility Criteria, and is therefore eligible to be purchased by
Purchaser hereunder, as determined, in good faith, by Purchaser. 
 “Eligibility Criteria” means the eligibility
requirements established by Purchaser from time to time that must be satisfied for a Contract to be an Eligible Contract, which eligibility requirements shall be established and communicated to Sellers, and which shall be consistent with the
eligibility requirements, from time to time, for Contracts to be pledged or sold by Purchaser. Notwithstanding anything contained in this Agreement to the contrary, any revision to the Eligibility Criteria from time to time shall not be deemed to be
an amendment to this Agreement. 
 “FCA” has the meaning set forth in the Preamble hereto. 

“Governmental Authority” means any federal, state, local or foreign government or other political subdivision thereof or any
entity, body, regulatory or administrative authority, agency, commission, court, tribunal or judicial body exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government. 

“Laws” means any federal, state, local or foreign law, statute, ordinance, rule, regulation, codes, Orders and requirements
enacted, adopted, issued or promulgated by any Governmental Authority or common law or any applicable consent decree or settlement entered into by any party hereto with any Governmental Authority. 

“Loan Origination Fee” means, except as otherwise determined by Seller and Purchaser, a fee in the amount of 4.5% of the
Purchase Price for each Eligible Contract purchased by Purchaser from Seller hereunder; provided, that notwithstanding anything contained in this Agreement to the contrary, the Loan Origination Fee shall be subject to adjustment by Purchaser,
in good faith, to the extent necessary to conform to general 

  
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industry standards applicable to origination fees based on the quality, type and other related factors with respect to an Eligible Contract; provided, further, that any adjustment to the
Loan Origination Fee based on the foregoing proviso shall not be deemed to be an amendment to this Agreement for any purpose. 

“Notice of Sale” has the meaning set forth in Section 2(b) hereof. 

“Obligor” means, with respect to any Contract, any Person obligated to make payments in respect thereto, including any
guarantor thereof. 
 “Order” means any judgment, order, award, decree of any foreign, federal, state, local or other court
or tribunal and any award in any arbitration proceeding. 
 “Outstanding Balance” means, with respect to any Contract, the
remaining principal balance owed pursuant to the terms of such Contract plus (a) any interest thereon and (b) any other fees due thereunder. 

“Permits” means all permits, authorizations, agencies, approvals, registrations, licenses, certificates, variances,
franchises, rights granted by or obtained from any Governmental Authority, as well as applications for any of the foregoing. 

“Person” means an individual, partnership, corporation (including a business trust), joint stock company, limited liability
company, trust, association, joint venture, governmental authority or any other entity of whatever nature. 
 “Purchase”
has the meaning set forth in Section 2(a) hereof. 
 “Purchaser” has the meaning set forth in the Preamble
hereto. 
 “Purchase Price” means, with respect to each Eligible Contract being sold hereunder, the Outstanding Balance
with respect to such Eligible Contract as of the applicable Settlement Date less the unamortized reduction from par in purchasing such Eligible Contract from a dealership plus the unamortized prepayment of interest
payable to the applicable dealership. With respect to Contracts originated directly with Obligors, the Purchase Price will not include, and each Seller will retain, any ancillary fees or commissions, such as documentation fees and commissions from
selling vehicle service contracts, GAP, debt cancellation agreements, insurance products, and the like. 
 “Receivable”
means any indebtedness or other obligation owed by an Obligor to the applicable Seller under a Contract (before giving effect to the sale of such Contract hereunder). 

“Seller” has the meaning set forth in the Preamble hereto. 

“Settlement Date” means, with respect to the purchase and sale of any Eligible Contract, the date of the payment of the
Purchase Price by Purchaser and the assignment of such Eligible Contract by Seller. 

  
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 2. PURCHASE AND SALE OF CONTRACTS 

(a) From time to time after the Effective Date, each Seller agrees to sell, transfer, assign, set over and otherwise convey to Purchaser, and
Purchaser agrees to purchase and accept from such Seller, without recourse, on a Settlement Date, all such Eligible Contracts and related Contract Assets and Contract Files as may be designated by such Seller in accordance with this
Section 2 to be transferred by such Seller to Purchaser on such date (each such sale, transfer and assignment, a “Purchase”). Each Seller and Purchaser shall effect such transfers in accordance with this Section 2 or as
otherwise mutually agreed by such Seller and Purchaser. 
 (b) Prior to each Settlement Date, the applicable Seller shall deliver a notice
of sale to Purchaser (a “Notice of Sale”), which Notice of Sale shall identify (i) the Eligible Contracts to be sold to Purchaser, (ii) the Purchase Price of such Eligible Contracts and (iii) their related Contract
Assets and Contract Files to be transferred on such Settlement Date. Each Notice of Sale shall be accompanied by an executed Assignment and a Contract Schedule Supplement setting forth a list of the Eligible Contracts being transferred by such
Seller to Purchaser on such Settlement Date and containing the requisite details in respect of each such Eligible Contract. The applicable Seller shall provide Purchaser such additional information relating to such Eligible Contracts as Purchaser
may reasonably request, including, without limitation, any information as may be required to demonstrate that such Eligible Contracts satisfy the Eligibility Criteria. Within three (3) Business Days after a Seller delivers a Notice of Sale to
Purchaser, Purchaser and such Seller shall establish a Settlement Date for the Eligible Contracts listed in such Notice of Sale, which Settlement Date shall be scheduled for no more than five (5) Business Days thereafter. 

(c) At or before 10:00 a.m. (New York time) on any Settlement Date, Purchaser shall pay the applicable Seller by wire transfer of immediately
available funds in U.S. dollars to an account designated by such Seller with respect to each Eligible Contract being sold on such Settlement Date: (i) the Purchase Price and (ii) the applicable Loan Origination Fee. In exchange therefor,
such Seller shall deliver to Purchaser an executed Assignment listing each Eligible Contract being transferred on such Settlement Date, pursuant to which such Seller shall sell, assign, transfer, convey and deliver to Purchaser all of such
Seller’s right, title and interest in and to such Eligible Contracts and the related Contract Assets and Contract Files, free and clear of any liens, claims or encumbrances (other than those put in place by Purchaser), as well as written
confirmation from any secured party of such Seller that had a lien on the Eligible Contracts being transferred that such lien has been released with respect to such Eligible Contracts. From and after such Settlement Date, the Eligible Contracts
Purchased by Purchaser from such Seller on such Settlement Date, together with their related Contract Assets and Contract Files, shall be deemed to be Contract Assets and Contract Files hereunder. 

  
 5 

 (d) Within two (2) Business Days after each Settlement Date, the applicable Seller shall
deliver to Purchaser the Contract Files for each Contract purchased by Purchaser on such Settlement Date. 
 (e) Upon consummation of a sale
of Eligible Contracts, Purchaser is authorized to file such UCC-1 forms as Purchaser deems necessary or appropriate to perfect Purchaser’s ownership interest in such Eligible Contracts. Each Seller agrees that, from time to time and at
Purchaser’s expense, it will promptly execute and deliver all further instruments, notices and documents, and take all further action as may be reasonably necessary or appropriate in order to perfect, protect or more fully evidence the transfer
of ownership of such Eligible Contracts and Contract Assets and the security interest in the related Automobiles. 
 (f) In the event that,
notwithstanding the intent of the parties hereto, the transfer and assignment contemplated hereby is held not to be a sale, (i) each Seller hereby (A) grants to the Purchaser a security interest in the Eligible Contracts and related
Contract Assets and Contract Files designated by such Seller for sale to the Purchaser under Section 2 hereof, and (B) agrees that this Agreement shall constitute a security agreement under applicable law, and (ii) each of the Sellers
and the Purchaser hereby represents and warrants, as to itself only, that each remittance of any collections with respect the Contracts and related Assets, or any proceeds thereof, to the Purchaser, or its assignee, under this Agreement, will have
been (A) in payment of a debt incurred by the applicable Seller in the ordinary course of business or financial affairs of such Seller and the Purchaser and (B) made in the ordinary course of business or financial affairs of such Seller
and the Purchaser. 
 3. CONDITIONS PRECEDENT 

(a) Conditions Precedent to each Purchase: Documentation. Purchaser’s obligation to Purchase any Eligible Contracts and Contract
Assets on any Settlement Date shall be subject to the condition precedent that on or prior to such Settlement Date it shall have received, unless otherwise waived, each of (or satisfactory confirmation of) the following: 

(i) a Notice of Sale, together with the related Contract Schedule Supplement, identifying the Contract Assets proposed to be
transferred on the Settlement Date relating thereto; 
 (ii) an Assignment dated as of such Settlement Date and executed by
the applicable Seller; and 
 (iii) such other information relating to such Contract Assets as Purchaser may have reasonably
requested. 
 (b) Conditions Precedent to each Purchase: Other. Purchaser’s obligation to Purchase any Contract Assets on any
Settlement Date shall be subject to the further conditions precedent that (i) each Contract to be transferred on such Settlement Date 

  
 6 

 
constitutes an Eligible Contract, and (ii) each of the representations and warranties set forth in Section 4 is true and correct in all material respects on such Settlement Date
(except for those representations and warranties which are specifically made only as of a specific date, which such representations and warranties shall be correct on and as of the date made). The acceptance by a Seller of the Purchase Price in
connection with any Purchase shall be deemed to be a representation and warranty by such Seller that immediately prior to and upon giving effect to such Purchase each of the foregoing conditions precedent in this Section 3(b) shall have been
satisfied. 
 4. REPRESENTATIONS AND WARRANTIES OF SELLER. 

(a) Representations and Warranties Regarding Seller. Each Seller hereby represents and warrants to Purchaser, with respect to itself,
as follows: 
 (i) Such Seller is a limited liability company duly formed, validly existing and in good standing under the
Laws of the State of Delaware and has all requisite power and authority to own, lease and operate its properties and assets where now owned, leased or operated and to carry on its business as presently conducted. Such Seller is duly qualified or
licensed to do business and is in good standing as a foreign limited liability or foreign corporation in each jurisdiction in which it is required to be so qualified or licensed to operate its business. 

(ii) Such Seller has all limited liability company power and authority to execute, deliver and perform this Agreement and to
consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby has been duly authorized by all necessary action on the part of such Seller. 

(iii) This Agreement has been duly executed and delivered by such Seller and, assuming the due authorization, execution and
delivery of this Agreement by Purchaser, constitutes a legal, valid and binding obligation of such Seller, enforceable against such Seller in accordance with its respective terms, except as enforcement of such terms may be limited by bankruptcy,
insolvency or similar laws affecting the enforcement of creditors’ rights generally and by the availability of equitable remedies. 

(iv) The execution and delivery by such Seller of this Agreement and the consummation and performance of the transactions
contemplated hereby do not and will not (A) conflict with or violate any provision of the organizational/governing documents of such Seller, (B) conflict with, or result in the breach of, or constitute a default under, or give rise to a
right of termination, cancellation or acceleration (with or without notice or the lapse of time, or both) of any right or obligation of such Seller under, or result in the creation of any lien, claim or encumbrance upon any of the assets of such
Seller under, or result in, with or without notice or lapse of time, or both, any of the foregoing under, any contract, 

  
 7 

 
agreement or arrangement to which such Seller is a party or is otherwise bound, or (C) violate or result in a breach of or constitute a default under, any Law or Order applicable to such
Seller or by which such Seller or any of its assets or properties are bound or affected. 
 (v) No consent, authorization or
approval is required to be obtained by such Seller from, and no notice or filing is required to be given by such Seller to, or made by such Seller with, any Governmental Authority or other Person in connection with the execution, delivery and
performance by such Seller of this Agreement. 
 (vi) Such Seller has at all times operated its business in material
compliance with all applicable Laws, Permits and Orders and has not received any notice from any Governmental Authority or other Person alleging that such Seller or any of its directors, officers or employees, is not in compliance with or has
violated any Law, Permit or Order. 
 (vii) Such Seller has all Permits required to operate its business, including to
originate, acquire, own, hold, sell and transfer the Eligible Contracts in accordance with the terms of this Agreement. All such Permits are in full force and effect. 

(viii) There is no pending or, to such Seller’s knowledge, threatened action, suit or proceeding, against or affecting
such Seller or the assets or properties of such Seller, in any court or tribunal, or before any arbitrator of any kind or before or by any Governmental Authority (A) asserting the invalidity of this Agreement, (B) seeking to prevent the
sale and assignment of any Eligible Contract or other Contract Assets or the consummation of any of the transactions contemplated hereby, (C) seeking any determination or ruling that might adversely affect (1) the performance by such
Seller of this Agreement, or (2) the validity or enforceability of this Agreement. 
 (ix) No investment banker, broker,
finder or other intermediary (A) has been retained by, (B) is authorized to act on behalf of or (C) is entitled to any fee or commission from such Seller in connection with the transactions contemplated by this Agreement. 

(b) Representations and Warranties Regarding the Contracts. 

(i) The information set forth in each Notice of Sale shall be true and accurate as of the related Settlement Date. 

(ii) Each Eligible Contract (A) (i) arises from the bona fide sale and delivery by an Automobile dealer and purchase
and acceptance by an Obligor of an Automobile and which sale, delivery and acceptance has been fully performed or (ii) was a loan originated by the applicable Seller, the proceeds of which were 

  
 8 

 
applied by the Obligor for the purchase of an Automobile from an Automobile dealer or the refinance of a credit transaction secured by an Automobile and (B) arises from, or was acquired by
the applicable Seller in, the normal course of such Seller’s business. 
 (iii) Immediately prior to giving effect to
the purchase and sale of an Eligible Contract and the related Contract Assets and Contract Files hereunder, the applicable Seller had good and marketable title to such Eligible Contract and related Contract Assets and Contract Files, free and clear
of any and all liens, claims or encumbrances. 
 (iv) Upon payment of the Purchase Price to the applicable Seller and
execution of the Assignment, the ownership of each Eligible Contract and the other Contract Assets and Contract Files being sold hereunder and all rights thereunder shall be vested on the related Settlement Date in Purchaser, and such Seller shall
not take any action inconsistent with such ownership and shall not claim any ownership interest in any such Eligible Contract and such other Contract Assets and Contract Files. 

(v) All Eligible Contracts and other Contract Assets and Contract Files sold by a Seller hereunder will be sold free and clear
of all liens, claims and encumbrances whatsoever on the related Settlement Date. 
 (vi) On the related Settlement Date none
of the Eligible Contracts shall be due, to the best knowledge of the applicable Seller, from any Obligor who is presently the subject of a bankruptcy proceeding or is bankrupt or is insolvent. 

(vii) Immediately prior to the sale, assignment and transfer thereof to Purchaser, each Receivable was secured by a validly
perfected first priority security interest in the Automobile that is the subject of the Contract to which such Receivable relates in favor of the applicable Seller as secured party or all necessary or all appropriate actions shall have been
commenced that would result in the valid perfection of a first priority security interest in such Automobile in favor of such Seller as secured party. According to the records of such Seller, no Automobile that is the subject of the Contract has
been repossessed and the possession thereof not reinstated. 
 (viii) On the related Settlement Date no Eligible Contract is
subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Eligible Contract, or the exercise of any right thereunder, will not render such Contract unenforceable
in whole or in part or subject such Contract to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto. 

  
 9 

 (ix) Except for payment defaults continuing for a period of not more than 29
days, no default, breach, violation or event permitting acceleration under the terms of any Eligible Contract has occurred, and no continuing condition that with notice or the lapse of time would constitute a default, breach, violation or event
permitting acceleration under the terms of any Eligible Contract has arisen (other than deferrals and waivers of late payment charges or fees permitted hereunder), in each case as of the related Settlement Date. 

(x) No Eligible Contract has been originated in, or shall be subject to the Laws of, any jurisdiction under which the sale,
transfer and assignment of such Contract under this Agreement is unlawful, void or voidable. 
 5. REPRESENTATIONS AND WARRANTIES OF
PURCHASER. Purchaser hereby represents and warrants to each Seller as follows: 
 (a) Purchaser is a limited liability company duly
formed, validly existing and in good standing under the Laws of the State of Delaware and has all requisite corporate power and authority to own, lease and operate its properties and assets where now owned, leased or operated and to carry on its
business as presently conducted. Purchaser is duly qualified or licensed to do business and is in good standing as a foreign limited liability or foreign corporation in each jurisdiction in which it is required to be so qualified or licensed to
operate its business. 
 (b) Purchaser has all limited liability company power and authority to execute, deliver and perform this Agreement
and to consummate the transactions contemplated hereby. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby has been duly authorized by all necessary action on part of Purchaser.

 (c) This Agreement has been duly executed and delivered by Purchaser and, assuming the due authorization, execution and delivery of this
Agreement by each Seller, constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its respective terms, except as enforcement of such terms may be limited by bankruptcy, insolvency or similar
laws affecting the enforcement of creditors’ rights generally and by the availability of equitable remedies. 
 (d) The execution and
delivery by Purchaser of this Agreement and the consummation and performance of the transactions contemplated hereby do not and will not conflict with or violate any provision of the organizational/governing documents of Purchaser, (B) conflict
with, or result in the breach of, or constitute a default under, or give rise to a right of termination, cancellation or acceleration (with or without notice or the lapse of time, or both) of any right or obligation of Purchaser under, or result in
the creation of any lien, claim or encumbrance upon any of the assets of Purchaser under, or result in, with or without notice or lapse of time, or both, any of the foregoing under, any contract, agreement or arrangement to which Purchaser is a
party or is otherwise bound, or (C) violate or result in a breach of or constitute a default under, any Law or Order applicable to Purchaser or by which Purchaser or any of its assets or properties are bound or affected. 

  
 10 

 (e) No consent, authorization or approval is required to be obtained by Purchaser from, and no
notice or filing is required to be given by Purchaser to, or made by Purchaser with, any Governmental Authority or other Person in connection with the execution, delivery and performance by Purchaser of this Agreement. 

(f) No investment banker, broker, finder or other intermediary (A) has been retained by, (B) is authorized to act on behalf of or
(C) is entitled to any fee or commission from Purchaser in connection with the transactions contemplated by this Agreement 
 6.
TERMINATION. This Agreement may be terminated (a) by either Seller, as to its rights and obligations hereunder, upon thirty (30) days prior written notice to the Purchaser, (b) by the Purchaser upon thirty (30) days prior
written notice to either or both of the Sellers, (c) by mutual agreement of the parties, (d) upon material breach of this Agreement by a Seller following (i) written notice to such Seller by the Purchaser of such Seller’s
material breach of this Agreement and (ii) such Seller’s failure to cure such material breach within fifteen (15) days following such notice and (e) upon material breach of this Agreement by the Purchaser following
(i) written notice to the Purchaser by either Seller of the Purchaser’s material breach of this Agreement and (ii) the Purchaser’s failure to cure such material breach within fifteen (15) days following such notice. 

7. NOTICES. All notices shall be in writing and shall be sent by registered or certified mail return receipt requested, facsimile
transmission, or by overnight courier to the addresses recited in this Section 7. Either party may give written notice of any change of address to the other party. 

 

			
	Notice to Purchaser:		FC Funding LLC
			The Chadds Ford Business Campus
			3 Christy Drive, Suite 201
			Chadds Ford, PA 19317
			Attention: Chief Financial Officer
		
	Notice to FCA:		Flagship Credit Acceptance LLC
			The Chadds Ford Business Campus
			3 Christy Drive, Suite 201
			Chadds Ford, PA 19317
			Attention: Chief Financial Officer
		
	Notice to CFC:		CarFinance Capital LLC
			7525 Irvine Center Drive, Suite 250
			Irvine, CA 92618
			Attention: Chief Financial Officer

 8. NO WAIVER; REMEDIES. No failure on the part of either Seller or Purchaser to exercise, and no delay
in exercising, any right hereunder or under any Assignment shall operate as a waiver thereof; nor shall any single or partial exercise of any 

  
 11 

 
right hereunder preclude any other or further exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any other remedies provided by
law. 
 9. BINDING EFFECT; ASSIGNABILITY. This Agreement shall be binding upon and inure to the benefit of each Seller and Purchaser,
and their respective successors and permitted assigns. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until its termination. 

10. AMENDMENTS; ENTIRE AGREEMENT. No modification, amendment or waiver of, or with respect to, any provision of this Agreement, and all
other agreements, instruments and documents delivered hereto, nor consent to any departure by either Seller or Purchaser from any of the terms or conditions hereof shall be effective unless it shall be in writing and signed by each of the parties
hereto. Any waiver or consent shall be effective only in the specific instance and for the purpose for which given. No consent to or demand by Seller or Purchaser in any case shall, in itself, entitle it to any other consent or further notice or
demand in similar or other circumstances. This Agreement and the documents referred to herein embody the entire agreement of Sellers and Purchaser with respect to the Eligible Contracts and related Contract Assets and Contract Files being sold
hereunder and supersede all prior agreements and understandings relating to the subject hereof (whether written or oral). 
 11.
SEVERABILITY. In case any provision in or obligation under this Agreement shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such
provision or obligation, shall not in any way be affected or impaired thereby in any other jurisdiction. 
 12. GOVERNING LAW. THIS
AGREEMENT, AND ANY DISPUTES ARISING HEREUNDER OR RELATING TO THE TRANSACTIONS CONTEMPLATED HEREBY, SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS (AS OPPOSED TO CONFLICT OF LAWS PROVISIONS) OF THE STATE OF NEW YORK. 

13. LIMITATIONS ON ACTION. Neither party shall be liable for consequential, special or punitive damages, including loss of profits,
under this Agreement, and each party waives its right to a jury trial with respect to any issues under this Agreement. 
 14. EXECUTION
IN COUNTERPARTS. This Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and both of which when taken together shall constitute one and the same agreement.

 15. FURTHER ASSURANCES. Each of the parties, upon the request of another party and at such other party’s expense, shall
execute and deliver such documents and instruments of conveyance and transfer as such other party may reasonably request in order to consummate more effectively the terms of this Agreement. 

  
 12 

 16. ASSIGNMENT. The Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and permitted assigns; provided, however, that no assignment of any rights or obligations shall be made by either Seller without the consent of the Purchaser. 

17. HEADINGS. The descriptive headings of the Sections of this Agreement are inserted for convenience only and do not constitute a part
of this Agreement. 
 18. WAIVER OF JURY TRIAL. Each party to this Agreement irrevocably waives (to the fullest extent permitted by
applicable Law) its respective right to a trial by jury in connection with any matter arising out of this Agreement. 
 19. SPECIFIC
PERFORMANCE. Purchaser and Sellers each acknowledge and agree that in the event of any breach of this Agreement, each non-breaching party may be irreparably and immediately harmed and may not be made whole by monetary damages. It is accordingly
agreed that the parties hereto shall be entitled, in addition to any other remedy to which they may be entitled at Law or in equity, to seek injunctive or equitable relief or to compel specific performance of this Agreement. 

20. CONFIDENTIALITY. This Agreement and the terms of this Agreement, including the consideration paid for the Contracts, will remain
confidential and will not be disclosed by either party without the written consent of the other, except to the extent such disclosure (i) is required to be made under any applicable Law or Order, (ii) is required to be made to any
Governmental Authority or legal or financial advisor of either party, (iii) is made in connection with the sale or other transfer of any Eligible Contract or interest therein by Purchaser or its successors or assigns, (iv) is made to such
party’s current or prospective lenders or investors, or (iv) such information is or becomes public without a breach of this Agreement. 

21. RELATIONSHIP. Nothing in this Agreement establishes an agency, joint venture, partnership or fiduciary relationship between the
parties and neither party has the right or authority to act for or on behalf of the other party. 
 22. NO THIRD-PARTY BENEFICIARIES.
Each provision of this Agreement only confers rights and remedies upon, and is for the sole and exclusive benefit of Sellers and Purchaser and their respective affiliates. No other person or entity has any rights or remedies, or is a direct or
indirect beneficiary of, or has any direct or indirect cause of action or claim in connection with this Agreement, and none of the provisions of this Agreement will be deemed to be for the benefit of (or enforceable by) any other Person. 

23. NO IMPAIRMENT. No Seller shall take any action, or omit to take any action, which would, or would reasonably be expected to, impair
the rights of Purchaser in any Eligible Contracts or related Contract Assets or Contract Files. 
 [Signature Page Follows] 

  
 13 

 IN WITNESS WHEREOF, and intending to be legally bound hereby, the parties have caused this Agreement to be
executed by their respective officers as of the date first above written. 
  

					
	FLAGSHIP CREDIT ACCEPTANCE LLC, as Seller
			
			By:		 /s/ Kenneth J. Sicinski

			Name:		Kenneth J. Sicinski
			Title:		Senior Vice President & Chief Financial Officer
		
			FC FUNDING LLC, as Purchaser
			
			By:		 /s/ Kenneth J. Sicinski

			Name:		Kenneth J. Sicinski
			Title:		Manager

 
					
			CARFINANCE CAPITAL LLC, as Seller
			
			By:		 /s/ Jeffrey Butcher

			Name:		Jeffrey Butcher
			Title:		Chief Financial Officer

 EXHIBIT A 

Form of Assignment 
 This
Assignment is made pursuant to that certain Amended and Restated Forward Flow Purchase Agreement dated April 27, 2015 (the “Agreement”) among Flagship Credit Acceptance LLC, a Delaware limited liability company, CarFinance
Capital LLC, each in the capacity as Seller (“each, an Assignor”) and FC Funding LLC, a Delaware limited liability company, as Purchaser (“Assignee”). Capitalized terms used herein shall have the meaning specified
in the Agreement, unless otherwise defined herein. 
 Assignor does hereby sell, convey, set over, assign and transfer to assignee, free and
clear of all liens, claims and encumbrances, all of its right, title and interest to the Eligible Contracts identified on the attached Schedule 1 and the related Contract Assets and Contract Files and any other rights that may otherwise
attach thereto, such assignment made without recourse in consideration of the Purchase Price to be paid in respect thereof, free and clear of all liens, claims or encumbrances. 

Assignor does hereby represent and warrant that (a) the representations and warranties referred to in Section 4 of the Agreement are
true and correct in all respects as of the date of this Assignment as if fully set forth herein (except for those representations and warranties which are specifically made only as of a specific date, which such representations and warranties shall
be correct on and as of the date made), and (b) the Assignor is in compliance with each of its covenants set forth in the Agreement. 
  

					
			Dated:		  

  

			
	[FLAGSHIP CREDIT ACCEPTANCE LLC]
	[CARFINANCE CAPITAL LLC]
		
	By:		  

			Name:
			Title:

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