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                                                                   EXHIBIT 10.10

                              THE HERTZ CORPORATION
                            BENEFIT EQUALIZATION PLAN

The Hertz Corporation, with its principal office at 225 Brae Boulevard, Park
Ridge, New Jersey, by action of its Board of Directors, adopted, effective
January 1, 1996, a Benefit Equalization Plan (the "Plan") to provide a select
group of management and highly compensated employees a program supplementing
benefits payable to them under The Hertz Corporation Account Balance Defined
Benefit Pension Plan (the "Retirement Plan"). This Plan provides equalization
benefits that cannot be provided under the tax qualified Retirement Plan because
of limitations imposed by Section 415 and Section 401(a)(17) of the Internal
Revenue Code.

ARTICLE 1. DEFINITIONS

Capitalized words and phrases used herein, but which are not defined herein,
shall have the same meaning ascribed to them in the Retirement Plan. In
addition, the following definitions shall apply for purposes of this Plan:

1.1    Committee               -    The Pension and Welfare Plans Administration
                                    Committee appointed by the Board under
                                    Article 4.

1.2    Company                 -    The Hertz Corporation

1.3    Employee                -    An employee of the Company

1.4    Equalization Benefit    -    The benefit payable to a Participant
                                    pursuant to this Plan.

1.5    Limitations             -    Limitations on benefits and compensation
                                    imposed on the tax qualified Retirement
                                    Plan by Section 415 and Section 401(a)(17)
                                    of the Internal Revenue Code.

1.6    Participant             -    An Employee who meets the participation
                                    requirements of Article 2.

1.7    Retirement Plan         -    The Retirement Plan for the Employees of
                                    The Hertz Corporation (renamed and amended
                                    effective as of January 1, 1987 as The Hertz
                                    Corporation Account Balance Defined Benefit
                                    Pension Plan), as amended from time
                                    to time.

1.8    SEP                     -    Supplemental Executive Pension, adopted by
                                    the Company effective January 1, 1992,
                                    as amended from time to time.

1.9    SERP                    -    Supplemental Retirement and Savings Plan of
                                    The Hertz Corporation, adopted by the
                                    Company effective July 1, 1987, as amended
                                    from time to time.
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ARTICLE 2. PARTICIPATION IN THE PLAN

An Employee shall become a Participant if, on or after January 1, 1996, his or
her Retirement Plan benefits are restricted by the Limitations; provided,
however that; a) such Employee does not participate in the SEP or SERP; and b)
the Committee does not determine that such Employee is excluded as a member of a
"select group of management or highly compensated employees".

ARTICLE 3. EQUALIZATION BENEFITS

3.1      A Participant's Equalization Benefit shall be equal to the difference
         between the amount that would have been credited to his or her Cash
         Balance Account under the Retirement Plan without regard to the
         Limitations and the amount actually credited to his or her Cash Balance
         Account.

3.2      Subject to Section 3.3, Equalization Benefits shall be payable under
         the same forms of payment and terms and conditions (including the
         designation of any Beneficiary upon death) as benefits are payable
         under the Retirement Plan and shall commence as of the Participant's
         Annuity Starting Date.

3.3      The Participant shall make a separate election as to the form of
         payment of Equalization Benefits among such forms which are available
         under the Retirement Plan. Such election shall be made in accordance
         with such rules and procedures as established by the Committee;
         provided, however, that unless such election is made prior to the last
         day of the calendar year which is at least 12 months prior to the
         Participant's Annuity Starting Date, the Participant's Equalization
         Benefit under this Plan shall automatically be paid in the form of a
         lump sum distribution as soon as practicable after such Annuity
         Starting Date. Notwithstanding anything in this Plan or the Retirement
         Plan to the contrary, in the event of the Participant's death, the
         Participant's Equalization Benefit under this Plan shall automatically
         be paid to the Participant's Beneficiary in the form of a lump sum
         distribution as soon as practicable after the Participant's death.

ARTICLE 4. ADMINISTRATION

The Plan shall be administered and interpreted by the Committee composed of the
same people who constitute the Pension and Welfare Plans Administration
Committee under the Retirement Plan. The Committee is authorized from time to
time to establish such rules and regulations as it may deem appropriate for the
proper administration of the Plan, and to make such determinations under, and
such interpretations of, and to take such steps in connection with, the Plan as
it may deem necessary or advisable. Each determination, interpretation, or other
action by the Committee shall be in its sole discretion and shall be final,
binding and conclusive for all purposes and upon all persons.

ARTICLE 5. FUNDING

The benefits payable under this Plan shall constitute an unfunded obligation and
an unsecured promise of the Company. The Plan constitutes a mere promise by the
Company to make Equalization Benefit payments in the future. Payments shall be
made, when due, from the general funds of the Company. Anything in
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this Article 5 to the contrary notwithstanding, the Company may establish a
grantor trust (or other investment or holding vehicle) to assist it in meeting
its obligations under the Plan and may provide for such investments in
connection therewith, including the purchase of insurance or annuity contracts,
as it may deem desirable; provided that any such investments shall be subject to
the claims of the Company's general creditors. No person eligible for a benefit
under this Plan shall have any right, title, or interest in any assets held to
assist the Company to pay Equalization Benefits.

ARTICLE 6. AMENDMENT AND TERMINATION

6.1      While the Company intends to maintain this Plan in conjunction with the
         Retirement Plan for so long as desirable, the Company reserves the
         right to amend or to terminate this Plan by action of its Board, in its
         sole discretion, for whatever reason it may deem appropriate. No
         amendment to the Plan, however, shall reduce the Equalization Benefits
         accrued as of the effective date of such amendment.

6.2      In the event the Company terminates the Plan, a Participant's
         Equalization Benefit shall be the amount determined under Section 3.1
         as of the date of such termination.

ARTICLE 7. GENERAL PROVISIONS

7.1      Except as may be required by law, no benefit payable under the Plan is
         subject in any manner to anticipation, assignment, garnishment, or
         pledge; and any attempt to anticipate, assign, garnish or pledge the
         same shall be void. No such benefits will in any manner be liable for
         or subject to the debts, liabilities, engagement, or torts of any
         Participant or other person entitled to receive the same, and if such
         person is adjudicated bankrupt or attempts to anticipate, assign, or
         pledge any such benefits, the Committee shall have the authority to
         cause the same or any part thereof to be held or applied to or for the
         benefit of such Participant, his spouse, children or other dependents,
         or any of them, in such manner and in such proportion as the Committee
         may deem proper.

7.2      To the extent permitted by law, the Company shall indemnify the members
         of the Committee from all claims for liability, loss or damage
         (including payment of expenses in connection with the defense against
         such claim) arising from any act or failure to act which constitutes a
         breach of such individual's responsibilities under any applicable law.
         This shall not include actions which may be held to include criminal
         liability under applicable law. The provisions of this Section 7.2
         shall survive termination of the Plan.

7.3      If a Participant or Beneficiary entitled to receive any Equalization
         Benefits is a minor or is deemed by the Committee or is adjudged to be
         legally incapable of giving valid receipt and discharge for such
         benefits, payment of Equalization Benefits will be made to the duly
         appointed legal guardian or representative of such minor incompetent or
         to such other legally appointed person as the Committees may designate.
         Such payment shall, to the extent made, be deemed a complete discharge
         of any liability for such payment under the Plan.
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7.4      The Company shall have the right to deduct from any Equalization
         Benefits payments any taxes required to be withheld with respect to
         such payments.

7.5      Nothing contained in the Plan shall be construed as a contract of
         employment between the Company and any participant, or as a right of
         any Participant to be continued in the employment of the Company, or as
         a limitation on the right of the Company to terminate the employment of
         any of its employees, with or without cause, and with or without
         notice, at any time, at the option of the Company.

7.6      Any masculine personal pronoun shall be considered to mean also the
         corresponding female or neuter personal pronoun, as the context
         requires.

7.7      The provisions of this Plan shall be construed in accordance with the
         laws of the State of Delaware.
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                                  Amendment To
                              The Hertz Corporation
                            Benefit Equalization Plan

         The Hertz Corporation Benefit Equalization Plan (the "BEP"), effective
January 1, 1996, is hereby amended as follows, effective as of January 1, 2005:

         Notwithstanding anything contained, in this Plan to the contrary, no
         otherwise permissible distribution is allowed that would trigger
         taxation of any amount under section 409(A) of the Internal Revenue
         Code of 1986, as amended.<PAGE>

                                                                   EXHIBIT 10.11

               KEY OFFICER - POST RETIREMENT ASSIGNED CAR BENEFIT

POLICY:

         -        It shall be the policy of The Hertz Corporation to provide the
                  use of an assigned vehicle to selected key Corporate Officers
                  as a post retirement benefit. The conditions pertaining to
                  eligibility and other requirements associated with this
                  benefit are outlined below.

ELIGIBILITY:

         Covered classifications - Corporate elected officers at the level of
         Senior VP and above.

         -        Participation in demo vehicle evaluation program as active
                  employee

         -        Minimum of 10 years of company service

         -        Participant retires from active employment at age 62 or above.

PROGRAM:

         -        Authorized for use of assigned vehicle from Hertz fleet up to
                  a level consistent with class of vehicle assigned while an
                  active employee or the highest level of vehicle available in
                  the RAC Fleet. Any accessories or options added beyond the
                  standard level provided for this vehicle as part of the RAC
                  fleet would be at the participating retiree's expense.

         -        The ordering, delivery and disposal of the vehicle will be
                  accomplished through the RAC Fleet Department.

         -        The taxable value of the vehicle will be established by The
                  Hertz Corporation and provided to the participant for tax
                  reporting purposes.

         -        Insurance on the vehicle will be provided by the company as
                  will normal maintenance procedures to conform to warranty
                  requirements.

         -        All other operating expenses will be the responsibility of the
                  participant.

         -        Participant must maintain and provide proof of a valid
                  driver's license annually or on demand by the company to be
                  eligible for continued participation in this benefit.

         -        The Company will reserve the right to cancel any individual's
                  participation in this program if there is reason to believe
                  that continued participation would pose an unacceptable and
                  potentially significant liability to The Hertz Corporation.

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                                                                               2

         -        This benefit will apply for a maximum of 15 years post
                  retirement or to age of eighty, whichever is greater, subject
                  to satisfying other requirements of this Program.

         -        Participant must complete vehicle evaluation summaries on the
                  assigned vehicle as required by the Company.

SURVIVING SPOUSE:

         -        If a participant should die and his or her spouse was living
                  with him or her at the time, the title will be transferred for
                  the vehicle then assigned to the surviving spouse. Any tax
                  liability associated with this transfer will be the
                  responsibility of the surviving spouse.

ADMINISTRATION:

         -        The Senior Vice President of Employee Relations for The Hertz
                  Corporation will be responsible for insuring that this policy
                  is properly implemented and administered to comply with the
                  provisions.

         -        The Hertz Corporation reserves the right to end, suspend, or
                  amend this program at any time, in whole or in part.

         -        The approval of this initial Program and any subsequent
                  changes to end, suspend or modify this program resides with
                  the Compensation Committee of The Hertz Corporation.

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