Document:

EX-10.1

EXHIBIT 10.1

Exhibit D

Form of Voting Agreement

This Voting Agreement (this “Agreement”) is entered into as of December 31,
2004, among Centrue Financial Corporation, a Delaware corporation (“Centrue Financial”),
Illinois Community Bancorp, Inc., an Illinois corporation (“ICB”), and each of ICB’s
directors and executive officers who own voting stock of ICB (collectively referred to in this
Agreement as the “Principal Shareholders,” and individually as a “Principal Shareholder.”)

Recitals

A. As of the date hereof, each Principal Shareholder is the owner of the number of shares
of ICB’s common stock, $0.01 par value per share (“ICB Common Stock”), as is set forth opposite
such Principal Shareholder’s name on the signature page attached hereto and such total number of
shares represents approximately the percentage of the issued and outstanding shares of ICB’s voting
stock that is also set forth thereon opposite such Principal Shareholder’s name.

B. Centrue Financial is contemplating the acquisition of ICB by means of a merger (the
“Merger”) of ICB with and into Community Acquisition LLC, an Illinois limited liability company and
a wholly-owned subsidiary of Centrue Financial (“Acquisition LLC”), pursuant to an Agreement and
Plan of Merger dated of even date herewith (the “Merger Agreement”).

C. Centrue Financial is unwilling to expend the substantial time, effort and expense necessary
to implement the Merger, including applying for and obtaining necessary approvals of regulatory
authorities, unless all of the Principal Shareholders enter into this Agreement.

D. Each Principal Shareholder believes it is in his or her best interest as well as the best
interest of ICB for Centrue Financial to consummate the Merger.

Agreements

In consideration of the foregoing premises, which are incorporated herein by this
reference, and the covenants and agreements of the parties herein contained, and as an inducement
to Centrue Financial to enter into the Merger Agreement and to incur the expenses associated with
the Merger, the parties hereto, intending to be legally bound, hereby agree as follows:

Section 1. Definitions; Construction. All terms that are capitalized and used herein
(and are not otherwise specifically defined herein) shall be used in this Agreement as defined in
the Merger Agreement. The parties hereby incorporate by this reference the principles of
construction set forth in Section 1.2 of the Merger Agreement.

Section 2. Representations and Warranties. Each Principal Shareholder represents and
warrants that as of the date hereof, he or she:

(a) owns beneficially and of record the number of shares of ICB Common Stock as is set forth
opposite such Principal Shareholder’s name on the signature page attached hereto, all of which
shares are free and clear of all liens, pledges, security interests, claims, encumbrances, options,
voting agreements, proxies, agreements to sell and commitments of every kind (collectively,
“Encumbrances”);

(b) has the sole, or joint with any other Principal Shareholder, voting power with respect to
such shares of ICB Common Stock, and that he or she does not own or hold any rights to acquire any
additional shares of ICB’s capital stock (by exercise of stock options or otherwise) or any
interest therein or any voting rights with respect to any additional shares; and

(c) has all necessary power and authority to enter into this Agreement and further represents
and warrants that this Agreement is the legal, valid and binding agreement of such Principal
Shareholder, and is enforceable against such Principal Shareholder in accordance with its terms.

Section 3. Voting Agreement. Each Principal Shareholder hereby agrees that at any
meeting of ICB’s shareholders however called, and in any action by written consent of ICB’s
shareholders, such Principal Shareholder shall vote all shares of ICB Common Stock now or at any
time hereafter owned or controlled by him or her:

(a) in favor of the Merger and the other Contemplated Transactions as described in the Merger
Agreement, and any action or agreement that would reasonably be expected to facilitate the
Contemplated Transactions;

(b) against any acquisition of any capital stock of ICB or the Bank through purchase, merger,
consolidation or otherwise, or the acquisition by any method of a substantial portion of the assets
of ICB or the Bank, in any such case by any party other than Centrue Financial or its Subsidiaries
(an “Acquisition Transaction”);

(c) against any action or agreement that would reasonably be expected to result in a material
breach of any covenant, representation or warranty or any other obligation of ICB under the Merger
Agreement; and

(d) against any action or agreement that would reasonably be expected to impede or interfere
with the Contemplated Transactions, including any: (i) change in ICB’s board of directors; (ii)
change in ICB’s present capitalization; or (iii) other material change in ICB’s corporate structure
or business, in each such case except as otherwise agreed to in writing by Centrue Financial.

Section 4. Additional Covenants. Except as required by law, each Principal
Shareholder agrees that he or she will:

(a) not, and will not permit any of his or her Affiliates, prior to the Effective Time to
sell, assign, transfer or otherwise dispose of, create an Encumbrance with respect to, or permit to
be sold, assigned, transferred or otherwise disposed of, any ICB Common Stock owned of record or
beneficially by such Principal Shareholder, whether such shares of ICB Common Stock are owned of
record or beneficially by such Principal Shareholder on the date of this Agreement or are
subsequently acquired by any method, except: (i) for transfers by will or by operation of law (in
which case this Agreement shall bind the transferee); (ii) with the prior written consent of
Centrue Financial (which consent shall not be unreasonably withheld), for any sales, assignments,
transfers or other dispositions necessitated by hardship; or (iii) as Centrue Financial may
otherwise agree in writing;

(b) not, and will not permit any of his or her Affiliates, directly or indirectly (including
through its Representatives), to initiate, solicit or encourage any discussions, inquiries or
proposals with any third party relating to an Acquisition Transaction, or provide any such person
with information or assistance or negotiate with any such person with respect to an Acquisition
Transaction or agree to or otherwise assist in the effectuation of any Acquisition Transaction;

(c) not vote or execute any written consent to rescind or amend in any manner any prior vote
or written consent to approve or adopt the Merger Agreement or any of the other Contemplated
Transactions;

(d) at Centrue Financial’s request, use his or her best efforts to cause any necessary meeting
of ICB’s shareholders to be duly called and held, or any necessary consent of shareholders to be
obtained, for the purpose of approving or adopting the Merger Agreement and the other Contemplated
Transactions;

(e) cause any of his or her Affiliates to cooperate fully with Centrue Financial in connection
with the Merger Agreement and the Contemplated Transactions; and

(f) execute and deliver such additional instruments and documents and take such further action
as may be reasonably necessary to effectuate and comply with his or her respective obligations
under this Agreement.

Section 5. Termination. Notwithstanding any other provision of this Agreement, this
Agreement shall automatically terminate on the earlier of: (i) the date of termination of the
Merger Agreement as set forth in Article 11 thereof, as such termination provisions may be amended
by ICB, Centrue Financial and Acquisition LLC from time to time; or (ii) the Effective Time.

Section 6. Remedies. Each Principal Shareholder understands and acknowledges that if
he or she should breach any of his or her covenants contained in this Agreement, the damage to
Centrue Financial would be indeterminable in view of the inability to measure the ultimate value
and benefit to Centrue Financial resulting from its contemplated future ownership and control of
ICB, and that Centrue Financial therefore would not have an adequate remedy at law to compensate
Centrue Financial for any such breach. Each Principal Shareholder agrees that in addition to any
other remedy available to Centrue Financial at law or in equity, Centrue Financial shall be
entitled to specific performance of this Agreement by such Principal Shareholder upon application
to any court having jurisdiction over the parties. Accordingly, each Principal Shareholder: (a)
irrevocably waives, to the extent permitted by law, any defense that he or she might have based on
the adequacy of a remedy at law that might be asserted as a bar to specific performance, injunctive
relief or other equitable relief; and (b) agrees to the granting of injunctive relief without the
posting of any bond and further agrees that if any bond shall be required, such bond shall be in a
nominal amount.

Section 7. Amendment and Modification. This Agreement may be amended, modified or
supplemented at any time by the written approval of such amendment, modification or supplement by
ICB, Centrue Financial and all of the Principal Shareholders.

Section 8. Entire Agreement. This Agreement evidences the entire agreement among the
parties hereto with respect to the matters provided for herein and there are no agreements,
representations or warranties with respect to the matters provided for herein other than those set
forth herein and in the Merger Agreement and written agreements related thereto. Except for the
Merger Agreement, this Agreement supersedes any agreements among any of ICB, its shareholders,
Centrue Financial or Acquisition LLC concerning the acquisition, disposition or control of any ICB
Common Stock.

Section 9. Absence of Control. Subject to any specific provisions of this Agreement,
it is the intent of the parties to this Agreement that neither Centrue Financial nor Acquisition
LLC by reason of this Agreement shall be deemed (until consummation of the Contemplated
Transactions) to control, directly or indirectly, any other party and shall not exercise, or be
deemed to exercise, directly or indirectly, a controlling influence over the management or policies
of any such other party. Pursuant to Section 2.11 in the Merger Agreement, nothing contained
herein shall be deemed to grant Centrue Financial an ownership interest in any shares of ICB Common
Stock.

Section 10. Informed Action. Each Principal Shareholder acknowledges that he or she
has had an opportunity to be advised by counsel of his or her choosing with regard to this
Agreement and the transactions and consequences contemplated hereby. Each Principal Shareholder
further acknowledges that he or she has received a copy of the Merger Agreement and is familiar
with its terms.

Section 11. Severability. The parties agree that if any provision of this Agreement
shall under any circumstances be deemed invalid or inoperative, this Agreement shall be construed
with the invalid or inoperative provisions deleted and the rights and obligations of the parties
shall be construed and enforced accordingly.

Section 12. Counterparts. This Agreement may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which together shall constitute but one and
the same instrument.

Section 13. Governing Law. All questions concerning the construction, validity and
interpretation of this Agreement and the performance of the obligations imposed by this Agreement
shall be governed by the internal laws of the State of Illinois applicable to agreements made and
wholly to be performed in such state without regard to conflicts of laws.

Section 14. Jurisdiction and Service of Process. Any action or proceeding seeking to
enforce any provision of, or based on any right arising out of, this Agreement shall be brought
only in the courts of the State of Illinois, County of Kankakee or, if it has or can acquire
jurisdiction, in the United States District Court serving the County of Kankakee, and each of the
parties consents to the jurisdiction of such courts (and of the appropriate appellate courts) in
any such action or proceeding and waives any objection to venue laid therein. Process in any
action or proceeding referred to in the preceding sentence may be served on any party anywhere in
the world.

Section 15. Successors; Assignment. This Agreement shall be binding upon and inure to
the benefit of ICB and Centrue Financial, and their successors and permitted assigns, and the
Principal Shareholders and their respective spouses, executors, personal representatives,
administrators, heirs, legatees, guardians and other legal representatives. This Agreement shall
survive the death or incapacity of any Principal Shareholder. This Agreement may be assigned only
by Centrue Financial, and then only to a Subsidiary of Centrue Financial.

Section 16. Directors. The parties hereto acknowledge that each Principal Shareholder
is entering into this agreement solely in his or her capacity as ICB Shareholders and,
notwithstanding anything to the contrary in this Agreement, nothing in this Agreement is intended
or shall be construed to require any Principal Shareholder, in his or her capacity as a director of
ICB, to act or fail to act in accordance with his or her fiduciary duties in such director
capacity. Furthermore, no Principal Shareholder makes any agreement or understanding herein in his
or her capacity as a director of ICB. For the avoidance of doubt, nothing in this Section 16 shall
in any way limit, modify or abrogate any of the obligations of the Principal Shareholders hereunder
to vote the shares owned by him or her in accordance with the terms of the Agreement and not to
transfer any shares except as permitted by this Agreement.

[This Space Left Intentionally Blank]

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In Witness Whereof, the parties hereto have executed this Agreement
individually, or have caused this Agreement to be executed by their respective officers, on the day
and year first written above.

	 	 	 
	 
	 	 
	 
	 	 
	Illinois Community Bancorp, Inc.

By:

	 	Centrue Financial Corporation

By:
	Name:

	 	Name:
	Title:

	 	Title:

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3EX-10.1

EMPLOYMENT AGREEMENT

This Employment Agreement (this “Agreement”) is entered into as of December 30, 2004 by and
between AutoNation, Inc. (together with its subsidiaries and affiliates, the “Company”), and
Michael J. Jackson (the “Executive”), an individual resident of the State of Florida.

RECITALS

WHEREAS, the Executive currently serves as the Chairman and Chief Executive Officer of the
Company pursuant to an Employment Agreement dated as of July 24, 2002 (the “Prior Employment
Agreement”), which is scheduled to expire by its terms on September 24, 2005; and

WHEREAS, the Company and the Executive desire to replace and supersede the Prior Employment
Agreement with this Agreement, effective as of the date hereof, and desire to set forth herein the
terms and conditions of the Executive’s employment with the Company following termination of the
Prior Employment Agreement, as well as certain non-competition covenants applicable to the
Executive.

TERMS OF AGREEMENT

In consideration of the mutual representations, warranties, covenants and agreements contained
in this Agreement, the parties hereto agree as follows:

1. Employment.

(a) Employment Period. The Executive shall serve as Chairman and Chief
Executive Officer of the Company. The period during which the Executive shall serve as
Chairman and Chief Executive Officer of the Company (the “Employment Period”) pursuant to
the terms of this Agreement shall commence on the date hereof and shall continue until the
close of business on September 24, 2007, unless earlier terminated pursuant to Paragraph
2 of this Agreement. The parties hereto agree that the Prior Employment Agreement shall
terminate and be of no further force and effect as of the execution and delivery of this
Agreement.

(b) Duties and Responsibilities. During the Employment Period, the Executive
shall have such authority and responsibility and perform such duties as are customary to the
offices the Executive holds or as may be assigned to him from time to time at the direction
of the Company’s Board of Directors. During the Employment Period, the Executive’s
employment shall be full time and the Executive shall perform his duties honestly,
diligently, competently, in good faith and in what he believes to be the best interests of
the Company and shall use his best efforts to promote the interests of the Company.

(c) Base Salary. In consideration for the Executive’s services hereunder and
the restrictive covenants contained herein, the Executive shall be paid a base salary during
the Employment Period at an annual rate of $1,150,000 (the “Salary”). The Salary will be
payable in accordance with the Company’s customary payroll practices and will be subject to
annual review and adjustment by the Compensation Committee (the “Committee”) of the
Company’s Board of Directors (or the Executive Compensation Subcommittee, as applicable);
provided, however, that the Salary shall not be reduced during the
Employment Period.

(d) Bonus. During the Employment Period, the Executive shall participate in
the Company’s Senior Executive Incentive Bonus Plan (the “Plan”), or any successor or
substitute to the Plan, at such target award levels and upon such terms and conditions as
are determined in the discretion of the Committee (or the Executive Compensation
Subcommittee, as applicable); provided, however, that the target award level
for annual incentive bonuses under the Plan, or any successor or substitute to the Plan,
will be no less than the existing target award level of 133 1/3% of the Executive’s Salary
at such time. A portion of the Executive’s annual bonus will be deferred in accordance with
the existing 3-year deferred bonus program for the Executive adopted by the Committee in
2004. Upon expiration of the 3-year deferred bonus program at the end of 2006, a new 3-year
deferred bonus program similar to the current program will be established for the Executive.

(e) Benefits. During the Employment Period, the Executive shall be entitled to
(i) participate in any retirement plans, insurance programs and other fringe benefit plans
and programs as are from time to time established and maintained for the benefit of
executives of the Company, subject to the provisions of such plans and programs, (ii)
participate in the CEO/President Car Policy and the Director Car Program (or successor
programs) pursuant to which the Executive is entitled to the use of two vehicles selected by
the Executive, and (iii) use of the Company’s corporate aircraft for personal travel for up
to 100 hours per year (provided that the cost of such travel will be included in the
Executive’s annual income subject to tax).

(f) Expenses. In addition to the compensation and benefits described above,
the Executive shall be reimbursed for all out-of-pocket expenses reasonably incurred by him
on behalf of or in connection with the business of the Company during the Employment Period,
upon delivery of receipts and pursuant to the reimbursement standards and guidelines of the
Company.

(g) Stock Options. The Executive shall be entitled to participate in any
annual stock option grants during the Employment Period (or other broad-based stock option
grants that include senior executives of the Company) at an appropriate level as determined
by the Committee (or the Executive Compensation Subcommittee, as applicable).

2. Termination.

(a) Cause, Death and Disability. At any time during the Employment Period, the
Company shall have the right to terminate the Employment Period and to discharge the
Executive for “Cause” (as defined below). Upon any such termination by the Company for
Cause, the Executive or his legal representatives shall be entitled to that portion of the
Salary prorated through the date of termination, and the Company shall have no further
obligations hereunder. Termination for Cause shall mean termination because of: (i) the
Executive’s breach of his covenants contained in this Agreement; (ii) the Executive’s
failure or refusal to perform the duties and responsibilities required to be performed by
the Executive under the terms of this Agreement; (iii) the Executive willfully engaging in
illegal conduct or gross misconduct in the performance of his duties hereunder
(provided, that no act or failure to act shall be deemed “willful” if done, or
omitted to be done, in good faith and with the reasonable belief that such action or
omission was in the best interests of the Company); (iv) the Executive’s commission of an
act of fraud or dishonesty affecting the Company or the commission of an act constituting a
felony; or (v) Executive’s violation of Company policies in any material respect. The
Company acknowledges that the Executive may resign or otherwise terminate the Employment
Period and his employment with the Company without Good Reason (as defined below),
provided that (a) the Company shall have no further obligations hereunder from and
after the end of the Employment Period in such event and (b) Executive shall provide
reasonable written notice to the Company (in no event less than twenty (20) business days)
of such resignation or termination, shall provide a reasonable transition of his duties and
responsibilities with the Company and shall coordinate with the Company as to the public
communication of the resignation or termination in order to ensure an orderly transition.

In addition, in the event that during the Employment Period the Executive (i) dies, the
Employment Period shall automatically terminate, or (ii) is unable to perform his duties and
responsibilities as provided herein due to his physical or mental disability or sickness (a)
for more than ninety (90) days (whether or not consecutive) during any period of twelve (12)
consecutive months or (b) reasonably expected to extend for greater than three (3) months,
the Company may at its election terminate the Employment Period and Executive’s employment.
In the case of clause (i) or clause (ii) above, the Company shall have no
further obligations hereunder from and after such termination date and the Executive’s
rights with respect to any employee stock options held by him shall be as set forth in the
applicable stock option plan.

(b) Without Cause by the Company or by Executive for Good Reason. At any time
during the Employment Period, the Company shall have the right to terminate the Employment
Period and to discharge the Executive without Cause effective upon delivery of written
notice to the Executive. At any time during the Employment Period, the Executive shall have
the right to terminate the Employment Period for Good Reason if, after delivery of written
notice to the Company, the Company has not cured the circumstances constituting “Good
Reason” within ten (10) business days. Upon such termination of the Employment Period by
the Company without Cause or by the Executive for Good Reason, as long as the Executive is
in compliance with the provisions of Paragraphs 3 and 4 below and the Executive executes a
reasonable and mutually acceptable severance agreement with the Company that includes a
release of the Company and a covenant of reasonable cooperation on matters Executive is
involved with pertaining to the Company (a “Severance Agreement”), the Executive will be
entitled to an amount equal to (i) the sum of the Executive’s then-current Salary plus
annual bonus awarded to the Executive in the calendar year prior to such termination of the
Executive’s employment plus (ii) the pro rata portion (based on the portion of the
calendar year actually served by the Executive) of the annual bonus to which the Executive
would have been entitled had the Executive not been terminated, to the extent applicable
performance targets are met. Payment of the amount due under clause (i) above will
be made by the Company within thirty (30) days following termination of the Executive.
Payment of the amount due under clause (ii) above will be made by the Company at the
same time as annual bonuses are paid to the Company’s bonus-eligible employees for the year
in which the Executive is terminated.

In addition, upon such termination of the Employment Period by the Company without Cause or
by the Executive for Good Reason, as long as the Executive is in compliance with the
provisions of Paragraphs 3 and 4 below and the Executive executes a Severance Agreement: (1)
the Executive and his dependents will be entitled to continue to participate in the
Company’s group health and welfare benefit plans (as such plans are in effect at such time)
for a period of 18 months following such termination at the same cost to the Executive as
such benefits were provided prior to such termination (or the Company will procure and pay
for comparable benefits during such time period); (2) all vested employee stock options held
by the Executive as of such termination will survive and be exercisable for the remainder of
their initial 10-year term (at which time such stock options, if not exercised, will
terminate and be void); and (3) all unvested employee stock options held by the Executive
will immediately vest on such termination and will survive and be exercisable for one year
following such termination (at which time such stock options, if not exercised, will
terminate and be void). At all times during the Employment Period, the foregoing provisions
of this paragraph shall govern in the event of any conflict between such provisions and the
provisions of any stock option agreement to which the Executive is a party or the provisions
of any stock option plan pursuant to which the Executive’s employee stock options were
granted.

“Good Reason” shall mean the occurrence of any of the following: (i) a material change
by the Company in the Executive’s duties or responsibilities which would cause Executive’s
position with the Company to become of materially and substantially less responsibility and
importance than those associated with his duties or responsibilities as of the date hereof;
or (ii) a material breach of this Agreement by the Company, which breach is not cured within
ten (10) days after written notice thereof is received by the Company.

(c) Upon termination of the Employment Period hereunder, at the Company’s request the
Executive shall resign from the Company’s Board of Directors.

3. Restrictive Covenants. The Executive hereby acknowledges that the Company is as of
the date hereof engaged primarily in the sale, leasing, financing and servicing of new and used
vehicles, as well as the provision of related services and products, such as the sale of parts and
accessories, extended service contracts, aftermarket automotive products and collision repair
services (the “Auto Business”). The Executive further acknowledges that: (i) the Company may
engage in additional related businesses or in separate and distinct businesses from time to time,
(ii) the Company currently engages in its businesses by means of traditional retail establishments,
the Internet and otherwise and the Company may in the future engage in its businesses by
alternative means, and (iii) the Executive’s position with the Company is such that he will be
privy to specific trade secrets, confidential information, confidential business lists,
confidential records, customer goodwill, specialized training and employees, any or all of which
have great and competitive value to the Company.

The Executive hereby agrees that, for a period of one (1) year following the termination of
the Executive’s employment with the Company (by the Company or the Executive for any reason), the
Executive shall not, directly or indirectly, anywhere in the United States (or in any other
geographic area outside the United States where the Company conducts business at any time during
Executive’s employment with the Company):

(a) participate or engage in or own an interest in, directly or indirectly, any
individual proprietorship, partnership, corporation, joint venture, trust or other form of
business entity, whether as an individual proprietor, partner, joint venturer, officer,
director, member, employee, consultant, independent contractor, stockholder, lender,
landlord, finder, agent, broker, trustee, or in any manner whatsoever (except for an
ownership interest not exceeding 1% of a publicly-traded entity), if such entity or its
affiliates is engaged, directly or indirectly, in the Auto Business or any other business of
the type and character engaged in or competitive with any business conducted by the Company
at any time during the Executive’s employment by the Company on or after the date hereof;

(b) employ, or knowingly permit any company or business directly or indirectly
controlled by him to employ, any person who was employed by the Company or any subsidiary or
affiliate of the Company at or within the prior six (6) months, or in any manner seek to
induce any such person to leave his or her employment (including, without limitation, for or
on behalf of a subsequent employer of the Executive);

(c) solicit any customers to patronize any business directly or indirectly in
competition with the businesses conducted by the Company or any subsidiary or affiliate of
the Company at any time during the Executive’s relationship with the Company; or

(d) request or advise any Person who is a customer or vendor of the Company or any
subsidiary or affiliate of the Company or its successors to withdraw, curtail or cancel any
such customer’s or vendor’s business with any such entity.

4. Confidentiality. The Executive acknowledges that he previously entered into, and
will continue to abide by, the Employee Confidentiality Agreement dated July 24, 2002. The
Executive hereby also agrees that, without the prior approval of the Company, he shall not at any
time during his employment with the Company and for a period of five (5) years thereafter: (1) give
any interviews or speeches, write any books or articles, make any public statements (whether
through the press, at automobile trade conferences or meetings or through similar media), or make
any disparaging or negative statements: (x) concerning the Company or any of its businesses or
reputation or the personal or business reputations of its directors, officers, shareholders or
employees, (y) concerning any matter he has participated in while an employee of the Company, or
(z) in relation to any matter concerning the Company or any of its businesses occurring after the
Employment Period; or (2) in any way impede, disrupt or interfere with the contracts, agreements,
understandings, communications or relationships of the Company with any third party.

5. Acknowledgments of the Parties. The parties agree and acknowledge that the
restrictions contained in Paragraphs 3 and 4 are reasonable in scope and duration and are necessary
to protect the Company. If any provision of Paragraphs 3 or 4 as applied to any party or to any
circumstance is adjudged by a court to be invalid or unenforceable, the same shall in no way affect
any other circumstances or the validity or enforceability of any other provisions of this
Agreement. If any such provision, or any part thereof, is held to be unenforceable because of the
duration of such provision or the area covered thereby, the parties agree that the court making
such determination shall have the power to reduce the duration and/or area of such provision and/or
to delete specific words or phrases and in its reduced form, such provision shall then be
enforceable and shall be enforced. The Executive agrees and acknowledges that the breach of
Paragraph 3 or 4 will cause irreparable injury to the Company, and upon breach of any provision of
such Paragraphs, the Company shall be entitled to injunctive relief, specific performance or other
equitable relief, provided, however, that such remedies shall in no way limit any
other remedies which the Company may have (including, without limitation, the right to seek
monetary damages).

6. Notices. All notices requests, demands, claims or other communications hereunder
shall be in writing and shall be deemed given if delivered by certified or registered mail (first
class postage pre-paid), hand delivery, guaranteed overnight delivery or facsimile transmission, if
such transmission is confirmed by certified or registered mail (first class postage pre-paid) or
guaranteed overnight delivery, to the following addresses and telecopy numbers (or to such other
addresses or telecopy numbers which such party shall designate in writing to the other parties):

To the Company:

AutoNation, Inc.

110 S.E. 6th Street, 29th Floor

Fort Lauderdale, Florida 33301

Attention: General Counsel

Telecopy: (954) 769-6340

To Executive:

Michael J. Jackson

AutoNation, Inc.

110 S.E. 6th Street, 29th Floor

Fort Lauderdale, Florida 33301

Telecopy: (954) 769-6402

7. Amendment, Waiver, Remedies. This Agreement may not be modified, amended,
supplemented, extended, canceled or discharged, except by written instrument executed by all
parties. No failure to exercise, and no delay in exercising, any right, power or privilege
hereunder preclude the exercise of any other right, power or privilege. No waiver of any breach of
any provision shall be deemed to be a waiver of any preceding or succeeding breach of the same or
other provision, nor shall any waiver be implied from any course of dealing between the parties.
No extension of time for performance of any obligations or other acts hereunder or under any other
agreement shall be deemed to be an extension of the time for performance of any other obligations
or any other acts. The rights and remedies of the parties under this Agreement are in addition to
all other rights and remedies, at law or equity, that they may have against each other.

8. Assignment. This Agreement, and the Executive’s rights and obligations hereunder,
may not be assigned by him. The Company may assign its rights, together with its obligations
hereunder, to any of its affiliates or subsidiaries, or any successor thereto.

9. Severability; Survival; Term. In the event that any provision of this Agreement is
found to be void and unenforceable by a court of competent jurisdiction, then such unenforceable
provision shall be deemed modified so as to be enforceable (or if not subject to modification then
eliminated herefrom) for the purpose of those procedures to the extent necessary to permit the
remaining provisions to be enforced. The provisions of this Agreement (other than Paragraph 1 and,
except for obligations in Paragraph 2 resulting from a termination of the Employment Period,
Paragraph 2) will survive the termination for any reason of the Employment Period and Executive’s
relationship with the Company. If the Employment Period has not been terminated in accordance with
Paragraph 2 of this Agreement prior to September 24, 2007, (i) the respective obligations of the
parties under Paragraphs 1 and 2 hereof shall terminate on September 24, 2007, and (ii) the
provisions of Paragraphs 3-11 under this Agreement shall survive.

10. Counterparts. This Agreement may be signed in any number of counterparts, each of
which shall be an original but all of which together shall constitute one and the same instrument.

11. Governing Law. This Agreement shall be construed in accordance with and governed
for all purposes by the laws of the State of Florida applicable to contracts executed and to be
wholly performed within such State.

12. Agency. Nothing herein shall imply or shall be deemed to imply an agency
relationship between the Executive and the Company.

* * * *

1

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

AUTONATION, INC., a Delaware

corporation

	 	 	 
	
 
	 	/s/ Edward S. Lampert
	 

	 	 
	By:

Its:

	 	Edward S. Lampert

Chair, Compensation Committee of the

Board of Directors
	 
	 	 
	
 
	 	/s/ Michael J. Jackson
	 

	 	 

MICHAEL J. JACKSON, individually

2

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