Document:

EX-10.10

 Exhibit 10.10 

SABAN CAPITAL ACQUISITION CORP. 

NON-RESTRICTED SHARE PURCHASE AGREEMENT 

NON-RESTRICTED SHARE PURCHASE AGREEMENT (the “Agreement”), dated as of August     , 2016, between Saban
Capital Acquisition Corp., a Cayman Islands exempted company (the “Company”), and [Grantee] (the “Grantee”). 

WHEREAS, pursuant to and in accordance with the terms of the Company’s 2016 Share Award Plan (the “Plan”), the Grantee
desires to subscribe for and purchase, and the Company desires to sell to the Grantee, the number of shares of Class F Shares (the “Class F Shares”), of the Company indicated as subscribed for by the Grantee on the signature page
hereto at the Purchase Price (as defined below), and on the other terms and conditions specified herein. 
 NOW, THEREFORE, in consideration
of the mutual promises, covenants, representations, and warranties contained herein, the Company and the Grantee hereby agree as follows: 

1. Purchase and Sale of Class F Shares. 

a. Purchase and Sale of Class F Shares. Subject to the terms and conditions of this Agreement and in reliance upon the
representations and warranties contained herein, the Grantee hereby subscribes for, acquires and purchases, and the Company issues and sells to the Grantee, at the Closing (as defined below), the number of shares of Class F Shares indicated as
subscribed for by the Grantee (the “Award Shares”) on the signature page hereto for a per share purchase price equal to $[        ] (the “Purchase Price”).

b. Consideration. Subject to the terms and satisfaction of the conditions set forth in this Agreement, the Grantee purchases and
acquires the Award Shares by delivering to the Company aggregate consideration in the amount (the “Consideration Amount”) equal to the product of the Purchase Price and the number of Award Shares. 

c. Closing. The closing of the subscription and issue of the Award Shares shall occur on August [    ], 2016,
or such other date as determined by the Company (the “Closing”), at the offices of the Company. 
 d. Delivery by the
Company. Simultaneously with the delivery of the Consideration Amount in the manner provided in Section 1(e) hereof, the Company will register the Award Shares in the Grantee’s name in the register of members of the Company registered
evidencing the Award Shares. 
 e. Delivery by the Grantee. On the Closing, the Grantee will deliver, or cause to be delivered,
to the Company the Consideration Amount. In consideration for the issuance of the Award Shares, the Grantee agrees to execute upon request of the Company or Saban Sponsor, LLC (the “Sponsor”) an agreement pursuant to which the Award
Shares are held in a voting trust or subject to such other arrangement (such as a shareholders’ agreement) 

 
customary for cases such as these pursuant to which (i) the Sponsor shall determine how the Award Shares are to be voted and (ii) the Award Shares shall be subject to the same restrictions and
limitations to which the Class F Shares held by the Sponsor are subject. 
 2. Representations, Warranties, and Covenants of the
Grantee. The Grantee represents and warrants to the Company and agrees as follows: 
 a. Investment Intention. The
Grantee is acquiring the Award Shares solely for the Grantee’s own account for investment and not with a view to resale or in connection with, any distribution thereof. 

b. Federal Securities Laws Matters. The Grantee acknowledges that (i) the Award Shares have not been registered under the
Securities Act of 1933, as amended (the “Securities Act”), (ii) the Award Shares must be held indefinitely and the Grantee must continue to bear the economic risk of the investment in the Award Shares, unless the Award Shares are
subsequently registered under the Securities Act, or an exemption from such registration is available, (iii) it is not anticipated that there will be any public market for the Class F Shares in the foreseeable future, (iv) Rule 144 promulgated under
the Securities Act is not presently available with respect to the sales of any securities of the Company (including the Class F Shares) and the Company has made no covenant to make such rule available and such rule is not anticipated to be available
in the foreseeable future, (v) when and if the Class F Shares may be disposed of without registration in reliance upon Rule 144, such disposition can be made only in accordance with the terms and conditions of such rule, (vi) if the exemption
afforded by Rule 144 is not available, public sale of the Class F Shares without registration will require the availability of an exemption under the Securities Act, (vii) an applicable legend with respect to certain transfer restrictions on the
Class F Shares shall be placed on the certificate(s) evidencing the Award Shares, and (viii) a notation shall be made in the appropriate records of the Company indicating that the Award Shares are subject to restrictions on transfer and, if the
Company should in the future engage the services of a share transfer agent, appropriate stop-transfer restrictions will be issued to such transfer agent with respect to its Class F Shares. 

c. Grantee Status. (a) (i) The Grantee is an employee of the Company and is eligible to purchase the Award Shares under the
Plan and (ii) the Grantee has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of his or her investment in the Award Shares and (b)(i) the Grantee’s financial
situation is such that the Grantee can afford to bear the economic risk of holding the Award Shares for an indefinite period of time, (ii) the Grantee can afford to suffer complete loss of his or her investment in the Award Shares, and (iii) the
Grantee has had adequate opportunity to ask questions of, and receive answers from, the Company as well as the Company’s officers, employees, agents and other representatives concerning the Company’s business, operations, financial
condition, assets, liabilities and all other matters relevant to the Grantee’s investment in the Award Shares. 
 d. Due Execution
and Delivery. The Grantee has duly executed and delivered this Agreement; this Agreement constitutes a legal, valid and binding obligation of the Grantee, enforceable in accordance with its terms; and no consent, approval, authorization,
order, 

  
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filing, registration or qualification of or with any court, governmental authority or third person is required to be obtained by the Grantee in connection with the execution and delivery of this
Agreement and the Shareholders Agreement or the performance of the Grantee’s obligations hereunder or thereunder. 
 e. The
Plan. The Grantee has reviewed, is familiar with, and agrees to be bound by the Plan, including the right of the Company to repurchase each of the Award Shares for the lesser of Fair Market Value (as defined under the Plan) or the Purchase Price
per share if the Grantee’s employment with the Company terminates for Cause, due to voluntary resignation by the Grantee on or before the Initial Business Combination or due to the Covenant Breach by the Grantee (as such terms are defined
under the Plan) and the forfeiture by the Grantee of any Class F Shares awarded to the Grantee in the event of a termination for Cause (as defined in the Plan). 

f. Section 83b Election. With respect to any Grantee that is a U.S. citizen or a resident of the United States, the Grantee agrees that
the Grantee shall file with the Internal Revenue Service a timely election under Section 83(b) of the Code (the “83b Election”) and shall provide a copy of the 83b Election to the Company promptly upon filing. 

3. Representations and Warranties of the Company. The Company represents and warrants to the Grantee as follows: 

a. Corporate Form. The Company is an exempted company duly incorporated, validly existing and in good standing under the laws of
the Cayman Islands. 
 b. Corporate Authority. The Company has all requisite power and authority to enter into and perform all
of its obligations under this Agreement and to issue the Award Shares to the Grantee and to carry out the transactions contemplated hereby. 

c. Actions Authorized. The Company has taken all corporate actions necessary to authorize it to enter into and perform its
obligations under this Agreement and to consummate the transactions contemplated hereby and no other corporate proceedings on the part of the Company are necessary to authorize this Agreement, the issuance of the Award Shares or to consummate the
transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by the Company and constitutes a legal, valid and binding obligation of the Company enforceable in accordance with its terms, except as such may
be limited by bankruptcy, insolvency, reorganization or other laws affecting creditors’ rights generally, and by general equitable principles. 

d. Required Filings and Approvals. The execution and delivery of this Agreement by the Company and the consummation of the
transactions contemplated hereby by the Company do not require a consent, approval or authorization of, or filing, registration or qualification with, any governmental authority on the part of the Company, other than the filings, registrations or
qualifications that may be required to be made or obtained under the state securities laws of any state of the United States of America. 

e. No Conflicts. None of the execution, delivery or performance of this Agreement by the Company conflicts with the current memorandum
and articles of association of the Company as in effect on the date hereof, or result in any material breach of, or constitutes a material default under any material contract, agreement or instrument to which the Company is a party or by which it or
any of its assets is bound. 

  
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 4. Conditions: Consummation of the transactions contemplated hereby is conditioned upon
the following (i) delivery by the Grantee of the Consideration Amount and (ii) the timely filing by the Grantee of the 83b Election. 

5. Miscellaneous. 
 a.
Entire Agreement. This Agreement, the Shareholders Agreement and the Plan constitute the entire agreement among the parties with respect to the subject matter hereof. They supersede any prior agreement or understanding among them, and they
may not be modified or amended in any manner other than by an instrument in writing signed by the parties hereto or thereto, or their respective successors or assigns, or otherwise as provided herein or therein. 

b. Choice of Law. THIS AGREEMENT SHALL BE GOVERNED BY AND INTERPRETED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF DELAWARE, WITHOUT
GIVING EFFECT TO THE CONFLICTS OF LAW PRINCIPLES THEREOF. 
 c. Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of the parties and their legal representatives, heirs, administrators, executors, successors and permitted assigns. Nothing in this Agreement, express or implied, is intended or shall be construed to give any person other than
the parties to this Agreement and their respective successors or permitted assigns, any legal or equitable right, remedy or claim under or in respect of any agreement or any provision contained herein. 

d. Amendments. Neither this Agreement nor any term or provision hereof may be amended, modified, waived or supplemented orally, but
only by a written instrument executed by the parties hereto. 
 e. Assignability. Neither this Agreement nor any right, remedy,
obligation or liability arising hereunder or by reason hereof shall be assignable by either the Company or the Grantee without the prior written consent of the other party. 

  
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 f. Notices. All notices, requests, claims, demands and other communications hereunder
shall be in writing and shall be deemed to have been duly given on the date of delivery, if personally delivered, or if mailed (registered or certified mail, postage prepaid, return receipt requested), on the third (3rd) business day following
mailing as follows: 
 If to the Company: 

Saban Capital Acquisition Corp. 

10100 Santa Monica Boulevard, 26th Floor 

Los Angeles, California 90067 

Attention: General Counsel 
 If
to the Grantee, to the address set forth on the signature page hereto. 
 g. Captions. Captions contained in this Agreement are
inserted only as a matter of convenience and in no way define, limit or extend the scope or intent of this Agreement or any provision hereof. 

h. Severability. If any provision of this Agreement, or the application of such provision to any person or circumstance, shall be held
invalid, the remainder of this Agreement, or the application of such provision to persons or circumstances other than those to which it is held invalid, shall not be affected thereby. 

i. Waivers. No provision of this Agreement shall be deemed to have been waived unless such waiver is contained in a written notice
given to the party claiming such waiver, and no such waiver shall be deemed to be a waiver of any other or further obligation or liability of the party or parties in whose favor the waiver was given. 

j. Counterparts. This Agreement may be executed in counterparts, each of which shall constitute one and the same instrument. 

[SIGNATURE PAGE FOLLOWS] 

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

			
	SABAN CAPITAL ACQUISITION CORP.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	  

	[GRANTEE]
	
	Address:
	
	  

	  

	  

	
	Number of Award
	Shares: [            ]
	
	Aggregate Purchase Price: $[            ]EX-10.1

 Exhibit 10.1 

[Swift Letterhead] 
 September 8, 2016 

Mr. Jerry C. Moyes 
 Chief Executive Officer 

Swift Transportation Company 
 2200 South 75th Avenue 
 Phoenix, AZ 85043 

Dear Jerry: 
 Thank you for your many years of service to Swift
Transportation Company (the “Company”). The organization would not exist without your vision, energy, and leadership. As we mark the passing of responsibility to a new generation, this letter (this “Agreement”)
memorializes our understandings concerning your upcoming retirement and the manner of approaching an effective leadership transition for the Company.
  

	1.	Retirement Date. Your retirement as CEO and an employee of the Company will be effective on December 31, 2016 (the period through such date, the “transition period”). The
Company will announce your upcoming retirement and the transition process described herein promptly pursuant to the press release we have jointly approved and the requisite filing on Form 8-K. At the same time, the Company will announce
the appointment of Richard Stocking as co-CEO during the transition period (with Richard serving as sole CEO upon your retirement). 

  

	2.	Transition of Duties. The duties normally associated with the office of the CEO will be transitioned to Richard Stocking, as co-CEO, promptly to allow him to fully assume the position while you are
still available for consultation and support as requested by the Company’s Board of Directors (the “Board”) or Richard and reasonably acceptable to you. This will also allow you to begin the farewell process with the many
long-time employees, customers, and vendors without impeding the Company’s ability to make decisions and move forward with projects. The fact that Richard has had responsibility for the Company’s operating performance for several
years should make this a smooth transition. 

  

	3.	 Responsibility and Corporate Authority. To ensure there is no confusion
internally or externally during the transition period or afterward, commencing with the date of this Agreement, Richard will assume all reporting responsibilities and oversee all Company decisions (subject to the Board’s overall
direction). After the date of this Agreement, you will not have any Company personnel reporting to you, and you will not authorize decisions for the Company (including hiring any personnel) or bind the Company except as specifically approved by
the Board or Richard (or after December 31, 2016, the CEO). Consistent with sound corporate controls and to prevent potential gaps or conflicts, you will not sign 

	 	
documents on behalf of the Company except as specifically approved by the Board or requested by the General Counsel. 

 

	4.	Company Projects. You will be involved in Company projects and business decisions as specified in writing by the Board or Richard and agreed to by you, or as otherwise authorized by the Board
(“Designated Projects”). When working on Designated Projects, your role and decision making authority with respect to the project will be as so specified or, if not so specified, as mutually agreed by Richard and you, or as directed
by the Board. Except with respect to Designated Projects, through your retirement date your role will be similar to that of a non-employee director and as described in paragraph 3 above. 

 

	5.	Presence at Company Locations. The transition period surrounding the retirement of a founder can be sensitive, and we all agree that the successor needs a clear runway to establish the new
lines of authority. The founder’s continuing presence can lead to mixed messages and ineffective leadership if both the founder and the successor are perceived by employees to have authority for decisions. Further to our mutual desire to
have clear lines of leadership and communication, you will spend the bulk of your time outside of Company locations to allow the reporting and decision making to shift naturally. Many founders start the transition period with a vacation to
reinforce the message. In this connection, you are encouraged to take as much vacation time as you wish throughout the transition period without regard to Company policies that otherwise might apply.

 

	6.	Company Communications. During the transition period, you will continue to receive the email reports you currently receive and the monthly financial package and, during the Term (as defined below),
you will continue to receive such information or, to the extent such information is no longer prepared, the equivalent or replacement information prepared by management for the CEO. During the Term, you will also receive reports and other
information consistent with that provided to non-employee directors, and you will have the opportunity to meet not less than monthly with Richard (or after December 31, 2016, the CEO) and the CFO to discuss the Company’s progress. You will
hold the information in the reports and briefings and other information you receive from the Company or in your capacity as an employee, consultant or director confidential in accordance with your fiduciary obligations as a director. After the
date hereof, to the extent you have input or concerns on Company matters (other than on Designated Projects), those will be expressed only to the Board, Richard (or after December 31, the CEO), the CFO, or the General Counsel, and not to others in
the Company. Nothing in this paragraph is intended to limit your right to request information in your capacity as a director. 

  

	7.	 Office and Company Property. In addition, commencing as soon as reasonably
practical, you will obtain an off-site office suitable for your purposes, at your cost, and begin to transition to that location as your primary office. You will have until November 30, 2016, to complete the move of your personal effects from
your current office at the Company’s headquarters and to move any other personal business activities and associated personnel from the Company’s headquarters to another location. After your official retirement date, if requested by
the Company, you will also return all Company property in your possession, including cell phone, computer, and laptop in accordance with normal Company policies. At 

	 	
the time of your retirement, you will be permitted to port your cell phone number to your own cell account and to transfer contact information for your many business and personal contacts that
are on the Company’s computer system. Company-related business information in your possession need not be returned at the time of your retirement but will be subject to your fiduciary obligations as a director and must be returned to the
Company promptly upon request if you cease to be a director. 

  

	8.	Title, Duties, and Compensation. 

  

	 	8.1.	Following the effective date of your retirement, you will be a non-employee consultant with the title Founder and Chairman Emeritus. As a non-employee, you will be an independent contractor, and the Company will
not withhold taxes from your payments. You agree to be responsible for all taxes and similar payments arising out of any of your activities contemplated by this Agreement after your retirement, including, without limitation, federal, state, and
local income tax, social security tax (FICA), self-employment taxes, unemployment insurance taxes, and all other applicable taxes, fees, and withholding. Upon request, you will provide us with your federal tax identification number and any other
necessary information required by the Company to comply with applicable tax and other laws pertaining to your engagement as an independent contractor. 

  

	 	8.2.	Your consulting activities will be to provide such advice and service as may be requested by the Board or the CEO and are consistent with the activities of a senior executive. The services are not expected to be
full time and will be provided at times and in manners as may be mutually agreed. In addition, subject to reimbursement of your reasonable expenses, including attorney’s fees and costs, you will offer reasonable cooperation with the
Company in any litigation or administrative proceeding or investigation to which the Company is a party, unless you are advised by counsel that your cooperation would present a conflict of interest, be unlawful, or otherwise be adverse to your
interests. 

  

	 	8.3.	The initial term of the consulting arrangement will be for the period January 1, 2017, through December 31, 2019 (the “Term”). The Term may be extended in one-year increments upon the mutual agreement of
the parties. 

  

	 	8.4.	For the remainder of 2016, you will continue to receive your normal annual salary payments and benefits. With respect to the aggregate of 94,418 of your outstanding stock options that are currently unvested and
with exercise prices of $23.30 and $24.84, you will continue to vest in such stock options during the Term as if your employment continued and you will be permitted to exercise such stock options when vested through the end of the Term; provided
that, at the end of the Term, vesting will cease and such stock options not exercised will be cancelled and forfeited for no consideration. Upon execution of this Agreement, all other outstanding stock options will vest and you will be treated
as having a termination of employment effective December 31, 2016. Any performance units will continue to vest in accordance with the terms of the grant, as if your employment continued.

	 	8.5.	During the Term, (a) your consulting fee will be paid monthly in cash at the rate of $200,000 per month for 36 months, (b) you will not participate in any of the Company’s annual or long-term incentive plans or
Company contributions to the retirement plan, and (c) you will be offered COBRA coverage for the maximum period allowable, subject to your timely election and payment of required costs. The payments and coverage under this clause 8.5 will not
be subject to early termination or reduction for any reason other than breach (after not less than 30 days’ notice and opportunity to cure during such 30 days) of this Agreement by you, and the consulting payments will be payable to your spouse
or estate in the event of your death or disability. During the Term, your service as a non-employee director will not be separately compensated. 

  

	 	8.6.	The terms described herein are in complete satisfaction of all claims you may have in respect of your employment by the Company and its affiliates, and the terms hereof are your sole and exclusive remedy in lieu of any
other remedies at law, in equity, or under Company policies with respect to severance or termination of employment. 

  

	9.	Expense Reimbursement. Your business expenses incurred in connection with the performance of your duties hereunder between the date hereof and December 31, 2016, will be reimbursed
by the Company in accordance with the Company’s expense reimbursement policy. After your official retirement date, you will be responsible for your own business expenses. 

 

	10.	Industry and Other Events. We anticipate that you will be invited to industry, investment banking, vendor, and other events. To prevent any external confusion as to Swift’s corporate
policies or views and conflicting or overlapping speaking appearances, you will provide reasonable notice to Richard (or after December 31, 2016, the CEO) and CFO if you intend to appear as a speaker at any such event, and you will forgo appearing
as a speaker at any such event if Richard (or after December 31, 2016, the CEO) also intends to be a speaker and you are requested not to speak also by the Company. If you attend any such events, your presence at any event will be either
personal or as a member of the Board of Directors and not spokesperson for the Company. You will make it clear that any views expressed are personal and not those of Swift. Consistent with Regulation FD, you will not make any statements
with regard to the Company’s earnings expectations or other material non-public information, and you will not meet with the Company’s current or potential investors in “one-on-one” or similar situations unless Richard Stocking
(or after December 31, 2016, the CEO) or the Company’s CFO or Investor Relations representative is also present.

  

	11.	Voting Matters. In order to assist in providing for a smooth transition to a new CEO, in your capacity as a director, you agree to vote in favor of amendments to the Company’s
By-Laws substantially in the form attached hereto as Exhibit A at any board meeting at which such amendments are proposed. 

	12.	Board Matters. During the Term: 

  

	 	12.1.	The Company will not take any action that has an adverse effect on the voting or consent rights of the Moyes Shares. For avoidance of doubt and without limiting the generality of the foregoing, (a) any amendment,
modification, supplement or repeal of any provision of the bylaws that has the effect of limiting, restricting, delaying or prohibiting any voting or consent rights of the holders of Moyes Shares (including modification of the nomination rights,
rights to take action by written consent, or the implementation of a staggered Board), (b) adoption of a shareholder rights plan (other than any such plan that allows repeal by the stockholders at any time pursuant to the affirmative vote of shares
of common stock holding a majority of the voting power of all shares voting as a single class), and (c) entering into any agreement that would impose any undue cost or burden on you or other holders of the Moyes Shares as a result of exercise of
voting or consent rights, each will constitute an adverse effect on the voting or consent rights of the Moyes Shares. This paragraph 12.1 shall not limit the Company’s ability to issue shares of Class A common stock with your consent or
otherwise in the ordinary course of business, provided that the intent of such issuance is not to dilute your and your affiliates’ aggregate ownership of the Company’s voting stock to less than a majority of the outstanding voting power.

  

	 	12.2.	From the date hereof through and including the 2017 annual meeting of the Company’s stockholders (the “2017 Annual Meeting”), the Company will include you in the slate of nominees recommended by the Board
(upon recommendation of the Nominating and Governance Committee of the Board) and use its reasonable best efforts to cause your election to the Board, including nominating you to be elected as a director and soliciting proxies in favor of your
election, in each case subject to applicable law, directors’ fiduciary duties, and your compliance with your obligations in this Agreement. For each election of directors after the 2017 Annual Meeting, at least sixty (60) days prior to the date
on which stockholder nominations for election of directors are required to be presented to the Company for inclusion in the Company’s proxy statement for any meeting to elect directors, the Company will inform you whether you will be included
in the director nominees for which proxies will be solicited by the Company in favor of election. 

  

	 	12.3.	While you are a director, (a) you will be treated on a basis equivalent to all other non-employee directors, (b) the Company will take all reasonable actions within its control at any given time so as to permit you to
attend meetings of any committee of the Board consistent with past practice and the Company’s Corporate Governance Guidelines, other than (i) executive sessions of independent directors, or (ii) as required by applicable law, and (c) the
Company or the Board will provide you notice of any meeting of a committee of the Board in accordance with the Company’s By-Laws, applying the applicable provisions of the Company’s By-Laws as if you were a member of each such committee.

  

	 	12.4.	 With respect to your hedging and pledging transactions, so long as you remain an officer or director of the
Company, you will conduct those transactions in accordance 

	 	
with the Securities Trading Policy of the Company in effect as of August 31, 2016, as amended, provided that the provisions of such policy applicable to the Moyes Shares will not be changed in an
adverse manner during the Term or for one year thereafter, except as required by applicable law or a regulatory or governmental authority. In connection with this clause 12.4, the Company will take reasonable and prompt action (including Board
consideration and submitting customary transfer agent and similar letters and confirmations) to permit you and your affiliates to effect such transactions, subject to applicable law, directors’ fiduciary duties, the Securities Trading Policy
then in effect and your compliance with the terms of this Agreement. For the avoidance of doubt, approval for any hedging and pledging transaction must be obtained from the Board prior to each such transaction, to the extent required by the
Securities Trading Policy. 

  

	13.	Post-Retirement Matters. 

  

	 	13.1.	In recognition of your many years of leadership of the Company, you acknowledge that (i) you perform services of a unique nature for the Company that are irreplaceable and that your performance of such services for a
competing business will result in irreparable harm to the Company, (ii) you have had and will gain access to confidential information from the date hereof and ending at the end of the Term, and you will continue to have access to such confidential
information thereafter which, if disclosed, would unfairly and inappropriately assist in competition against the Company or any of its affiliates, (iii) in the course of your employment by a competitor, you would inevitably use or disclose such
confidential information, (iv) the Company and its affiliates have substantial relationships with their customers, and you have had access to these customers, and (v) you have generated and will continue to generate goodwill for the Company and
its affiliates in the course of your employment. The foregoing representations shall be applicable with respect to enforcement of any provisions of Section 13 hereof and no other purpose. Accordingly, subject to the Company’s compliance
with this Agreement, during the Term and for a period of two (2) year thereafter, you will not, directly or indirectly, own, manage, operate, control, be employed by (whether as an employee, consultant, independent contractor or otherwise, and
whether or not for compensation) or render services to any person, firm, corporation or other entity, in whatever form, engaged in material competition with the Company or any of its subsidiaries or affiliates in any locale of any country in which
the Company conducts business. The foregoing shall not prohibit activities consistent with or reasonably ancillary to those conducted by your affiliates, which for this purpose shall be deemed to include, without limitation, Central Freight
Lines, Inc. and its affiliates, on the date hereof. This will also not prohibit you from being a passive owner of not more than one percent (1%) of the equity securities of a publicly traded corporation engaged in a business that is in
competition with the Company or any of its subsidiaries or affiliates, so long as you have no active participation in the business of such corporation. 

  

	 	13.2.	 In addition, subject to the Company’s compliance with this Agreement, during the Term and for a period of
two (2) years thereafter, you will not, except in the furtherance of your duties for the Company, directly or indirectly, individually or on behalf of any 

	 	
other person or entity, (a) solicit, aid or induce any customer of the Company or any of its affiliates to purchase goods or services then sold by the Company or any of its affiliates from
another person or entity or assist or aid any other persons or entity in identifying or soliciting any such customer, in a manner that would violate Section 13.1, (b) solicit, aid or induce any employee of the Company or any of its affiliates to
leave such employment or to accept employment with any other person or entity unaffiliated with the Company or hire or retain any such employee or take any action to materially assist or aid any other person or entity in identifying, hiring or
soliciting any such employee, provided that an employee shall be deemed covered by this Section 13.2 while so employed and only for a period of 90 days thereafter and you shall not be prohibited from soliciting, employing, or retaining any person
who is related to you by blood, marriage, or adoption, or (c) interfere, or aid or induce any other person or entity in interfering, with the relationship between the Company or any of its affiliates and any of their respective vendors, joint
venturers or licensors. Notwithstanding the foregoing, you may serve as an employment reference for any employees leaving the Company. 

  

	 	13.3.	You and the Company also agree as follows: You will not disparage the Company, its CEO, CFO, General Counsel, or Board, and the Company agrees that the Company’s CEO, CFO and General Counsel and the members of the
Board will not, while employed by the Company or serving as a director of the Company disparage you, your family, or any of your affiliates or representatives. For the avoidance of doubt, this will not apply to truthful statements in response to
legal process, required governmental testimony or filings, or administrative or arbitral proceedings, or to statements made (a) in the good faith belief that they are necessary or appropriate to make in connection with performing one’s duties
and obligations to the Company, or (b) to the Board. 

  

	14.	Miscellaneous. 

  

	 	14.1.	This Agreement may be executed in counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument. 

 

	 	14.2.	The Company will indemnify you and hold you harmless to the maximum extent permitted under the By-Laws of the Company as in effect from time to time against and in respect of any and all actions, suits, proceedings,
claims, demands, judgments, costs, expenses (including reasonable attorney’s fees), losses, and damages resulting by reason of the fact that you are or were a director or officer of the Company, or are or were a director or officer of the
Company serving at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise. 

 

	 	14.3.	The Company will cover you under directors’ and officers’ liability insurance both during and, while potential liability exists, after the Term in the same amount and to the same extent as the Company covers
its other officers and directors. 

  

	 	14.4.	 Except for claims relating to the obligations set forth herein, which shall survive the date of this Agreement
and remain enforceable, each of the Company and its 

	 	
controlled affiliates (on the one hand) and you (on the other hand) waives, releases, and forever discharges any and all claims against the other party of every kind and character whatsoever,
whether known or unknown, provided that the waiver, release and discharge by the Company and its controlled affiliates will only apply to claims in your capacity as an employee or director of the Company prior to the date hereof. The parties
agree to reaffirm the waivers, releases and discharges in this paragraph 14.4 and paragraph 8.6 hereof effective on December 31, 2016. Notwithstanding anything to the contrary herein, you are not waiving, releasing, or discharging any claim or right
to indemnification as an employee, agent, officer, or director of the Company pursuant to the By-Laws, the Company’s charter, any existing indemnification agreement or Board policy, or applicable provisions of the Delaware General Corporation
Law. 

  

	 	14.5.	The parties acknowledge and agree that remedies at law for a breach or threatened breach of any of the provisions hereof would be inadequate and, in recognition of this fact, each agrees that, in the event of such a
breach or threatened breach, in addition to any remedies at law, the other party, without posting any bond or other security, shall be entitled to obtain equitable relief in the form of specific performance, a temporary restraining order, a
temporary or permanent injunction or any other equitable remedy which may then be available, without the necessity of showing actual monetary damages. 

  

	 	14.6.	No provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing and signed by you and by an officer or director designated by the Board. No
waiver by either party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions
or conditions at the same or at any prior or subsequent time. This Agreement sets forth the entire agreement of the parties hereto in respect of the subject matter contained herein and supersedes any and all prior agreements or understandings
between you and the Company with respect to the subject matter hereof. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set
forth in this Agreement. 

  

	 	14.7.	The provisions of this Agreement shall be deemed severable. The invalidity or unenforceability of any provision of this Agreement in any jurisdiction shall not affect the validity, legality or enforceability of the
remainder of this Agreement in such jurisdiction or the validity, legality or enforceability of any provision of this Agreement in any other jurisdiction, it being intended that all rights and obligations of the parties hereunder shall be
enforceable to the fullest extent permitted by applicable law. 

  

	 	14.8.	 This Agreement, the rights and obligations of the parties hereto, and any claims or disputes relating thereto,
shall be governed by and construed in accordance with the laws of the State of Delaware (without regard to its choice of law provisions). Each of the parties agrees that any dispute between the parties relating to or involving Section 11 or 12
hereof (a “Specified Dispute”) shall be resolved only in the Chancery Court of the 

	 	
State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction, any state or federal court within the State of Delaware) and the appellate courts having
jurisdiction of appeals in such courts. Any dispute under this Agreement that is not a Specified Dispute shall be resolved only in the federal or state court with appropriate jurisdiction located in Maricopa County, Arizona. With respect
to any Specified Dispute, the applicable Delaware court required above and, with respect to any dispute that is not a Specified Dispute, the applicable Arizona court required by the preceding sentence, shall be referred to herein as the
“Applicable Court.” In that context, and without limiting the generality of the foregoing, each of the parties hereto irrevocably and unconditionally (a) submits in any proceeding relating to this Agreement, or for the recognition and
enforcement of any judgment in respect thereof (a “Proceeding”), to the exclusive jurisdiction of the Applicable Court, and appellate courts having jurisdiction of appeals from the foregoing, and agrees that all claims in respect of any
such Proceeding shall be heard and determined in the Applicable Court, (b) consents that any such Proceeding may and shall be brought in such courts and waives any objection that you or the Company may now or thereafter have to the venue or
jurisdiction of any such Proceeding in any such court or that such Proceeding was brought in an inconvenient court and agrees not to plead or claim the same, (c) waives all right to trial by jury in any Proceeding (whether based on contract, tort or
otherwise) arising out of or relating to this Agreement or your employment by the Company or any affiliate of the Company, or your or the Company’s performance under, or the enforcement of, this Agreement, (d) agrees that service of process in
any such Proceeding may be effected by mailing a copy of such process by registered or certified mail (or any substantially similar form of mail), postage prepaid, to such party at your or the Company’s address as provided to the other party in
connection with this Agreement, and (e) agrees that nothing in this Agreement shall affect the right to effect service of process in any other manner permitted by the laws of the State of Delaware or Arizona. The parties acknowledge and agree that
in connection with any dispute hereunder, each party shall pay all of its own costs and expenses, including, without limitation, its own legal fees and expenses. 

Jerry, thank you once again for your long and successful service to Swift. This Agreement is effective as of the date of this letter. Please signify
your agreement with the terms herein by acknowledging below. 
 ****Signature Page Follows**** 

 ****Signature Page to Jerry Moyes Retirement Letter**** 

Very truly yours, 
  

			
	 SWIFT TRANSPORTATION COMPANY

		
	 By:
	 	 /s/ Richard Dozer

	 Name:
	 	 Richard Dozer

	 Title:
	 	 Chairman of the Board

	
	 JERRY MOYES

	
	 /s/ Jerry Moyes

					
		  		  	 Exhibit A

to

Retirement Letter

 Article X 

CEO and CFO of the Corporation During the Specified Period 

(1) Definitions. As used in this Article X, the following terms have the following meanings: 

“CEO” means the chief executive officer of the Corporation, which shall be Jerry Moyes and Richard Stocking as co-chief executive officers as of
September 8, 2016 and Richard Stocking as sole chief executive officer as of January 1, 2017, or any successor appointed by the Board of Directors. 

“CFO” means the chief financial officer of the Corporation, which shall be Virginia Henkels as of September 8, 2016, or any successor appointed by
the Board of Directors. 
 “Specified Period” means the period from September 8, 2016, through December 31, 2017. 

“Continuing Directors” means (a) the independent directors of the Corporation on September 8, 2016; or (b) any directors who became directors
subsequent to such date and whose appointment or nomination for election by the Corporation’s stockholders was approved by a majority of the Continuing Directors then on the Board of Directors. 

(2) Officers. Notwithstanding any provision of Article IV of these By-Laws, during the Specified Period, neither the CEO or the CFO may be terminated or
demoted, and the duties and responsibilities of the CEO and the CFO, respectively, may not be changed, without the affirmative vote of a majority of the Continuing Directors. 

(3) Amendment. Until the expiration of the Specified Period, the provisions of any Article of these By-Laws which refer to this Article X, the provisions
of this Article X, and the provisions of Article IX of the By-Laws of the Corporation, may not be amended, altered, repealed or waived in any respect without the approval of (a) at least a majority of the Continuing Directors and, so long as he
serves as a director, Jerry Moyes, or (b) holders of a majority of the voting power of the Corporation’s Class A common stock and holders of a majority of the Corporation’s Class B common stock, each voting as a separate class. 

(4) Successors. During the Specified Period, the provisions of this Article X shall be applicable to (i) any successor of the Corporation as the result
of a merger, consolidation or other business combination, whether or not the Corporation is the surviving company in such transaction, or otherwise and (ii) any corporation or other entity with respect to which the Corporation or its successor is or
becomes a direct or indirect subsidiary, except that this clause (5) shall not apply if so determined by the affirmative vote of a majority of the entire Board of Directors or the affirmative vote of holders of a majority of the voting power of the
Corporation’s Class A common stock.

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