Document:

Supplement No. 1 to the Security Agreement

 Exhibit 4.1 
 SUPPLEMENT NO. 1 dated as of October 28, 2011 (this “Supplement”), to the Security Agreement dated as of June 4, 2010 (as amended, supplemented or otherwise modified from time
to time the “Security Agreement”), among DriveTime Automotive Group, Inc., a Delaware corporation (“DTAG”), DT Acceptance Corporation, an Arizona corporation (“DTAC” and together with DTAG the
“Issuers”), DriveTime Car Sales Company, LLC, an Arizona limited liability company (the “Secured Guarantor” and together with the Issuers, the “Grantors” and each a “Grantor”) and
Wells Fargo Bank, National Association, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties (as defined in the Security Agreement). 

A. Reference is made to (a) the Indenture, dated as of June 4, 2010 (as amended, supplemented or otherwise modified from time
to time, the “Indenture”), among the Issuers, the Secured Guarantor, the other Guarantors from time to time party thereto and Wells Fargo Bank, National Association, as trustee (in such capacity, the “Trustee”),
pursuant to which the Issuers issued 12.625% Senior Secured Notes due 2017 (collectively, the “Notes”), and (b) the Intercreditor Agreement dated as of June 4, 2010 (as amended, supplemented, replaced or otherwise modified
from time to time, the “Intercreditor Agreement”), among the Issuers, the Secured Guarantor, DriveTime Sales and Finance Company, LLC, the Collateral Agent and Manheim Automotive Financial Services, Inc. and Santander Consumer USA
Inc., as lenders under the Senior Inventory Facility (as defined in the Indenture). 
 B. Capitalized terms used herein and not
otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement and, if not defined therein, in the Indenture. 
 C. The Grantors have entered into the Security Agreement in order to induce the Holders to purchase Notes. Each Subsidiary of an Issuer that is a Guarantor under the Indenture that pledges Inventory
pursuant to a Permitted Inventory Facility is required to enter into the Security Agreement as a Grantor upon becoming a Secured Guarantor. Section 7.15 of the Security Agreement provides that such Guarantor may become Grantors under the
Security Agreement by execution and delivery of an instrument in the form of this Supplement. 
 Accordingly, the Collateral
Agent and the undersigned (the “New Grantor”) agree as follows: 
 SECTION 1. In accordance with
Section 7.15 of the Security Agreement, each New Grantor by its signature below becomes a Grantor under the Security Agreement with the same force and effect as if originally named therein as a Grantor and each New Grantor hereby
(a) agrees to all the terms and provisions of the Security Agreement applicable to it as a Grantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Grantor thereunder are true and correct
on and as of the date hereof except to the extent a representation and warranty expressly relates solely to a specific date, in which case such representation and warranty shall be true and correct on such date. In furtherance of the foregoing, each
New Grantor, as security for the payment and performance in full of the Secured Obligations (as defined 

 
in the Security Agreement), does hereby create and grant to the Collateral Agent, its successors and assigns, for the benefit of the Secured Parties, their successors and assigns, a security
interest in and lien on all of the New Grantor’s right, title and interest in and to the Grantor Collateral of each New Grantor. Each reference to a “Grantor” or “Secured Guarantor” in the Security Agreement
shall be deemed to include each of the New Grantors. The Security Agreement is hereby incorporated herein by reference. 

SECTION 2. In accordance with Section 7.17 of the Security Agreement, the Liens created by the Security Agreement with respect
to the Grantor Collateral are junior and subordinate to the Liens on such property created by any similar instrument now or hereafter granted to any First Priority Creditor, in such property, in accordance with the provisions of the Intercreditor
Agreement. Notwithstanding anything to the contrary, the exercise of any right or remedy by the Collateral Agent hereunder with respect to the Grantor Collateral is subject to the provisions of the Intercreditor Agreement. In the event of any
conflict between the terms of the Intercreditor Agreement and the Security Agreement with respect to the Grantor Collateral, the terms of the Intercreditor Agreement shall govern. 

SECTION 3. Each New Grantor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplement has
been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms. 
 SECTION 4. This Supplement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken
together shall constitute a single contract. This Supplement shall become effective when the Collateral Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of each of the New Grantors and the
Collateral Agent. Delivery of an executed signature page to this Supplement by facsimile or Adobe .pdf transmission shall be as effective as delivery of a manually signed counterpart of this Supplement. 

SECTION 5. Each New Grantor hereby represents and warrants that (a) set forth on Schedule I attached hereto is a true and
correct schedule of the location of any and all Grantor Collateral of the New Grantor and (b) set forth under its signature hereto, is the true and correct location of the chief executive office of the New Grantor. 

SECTION 6. Except as expressly supplemented hereby, the Security Agreement shall remain in full force and effect. 

SECTION 7. THIS SUPPLEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK, WITHOUT
REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF. 
 SECTION 8. In case any one or more of the provisions contained in this
Supplement should be held invalid, illegal or unenforceable in any respect, the validity, 

 
legality and enforceability of the remaining provisions contained herein and in the Security Agreement shall not in any way be affected or impaired thereby (it being understood that the
invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to replace the invalid,
illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 SECTION 9. All communications and notices hereunder shall be in writing and given as provided in Section 7.01 of the Security Agreement. All communications and notices hereunder to each New
Grantor shall be given to it at the address set forth under its signature below, with a copy to the Issuer. 
 SECTION 10.
Each New Grantor agrees to reimburse the Collateral Agent for its reasonable out-of-pocket expenses in connection with this Supplement, including the reasonable fees, other charges and disbursements of counsel for the Collateral Agent. 

[Signature Pages Follow] 

 IN WITNESS WHEREOF, each New Grantor and the Collateral Agent have duly executed this
Supplement to the Security Agreement as of the day and year first above written. 
  

			
	GFC LENDING LLC
		
	By:	 	 /s/ Jon Ehlinger

	Name:	 	Jon Ehlinger
	Title:	 	Secretary
	
	4020 E. Indian School Rd.
Phoenix, Arizona 85018
	
	DT CREDIT COMPANY, LLC
		
	By:	 	 /s/ Raymond Fidel

	Name:	 	Raymond Fidel
	Title:	 	President
	
	 4020 E. Indian School Rd.
 Phoenix, Arizona 85018

	
	DT JET LEASING, LLC
		
	By:	 	 /s/ Raymond Fidel

	Name:	 	Raymond Fidel
	Title:	 	President
	
	 4020 E. Indian School Rd.
 Phoenix, Arizona 85018

	
	DRIVETIME SALES AND FINANCE COMPANY, LLC
		
	By:	 	 /s/ Raymond Fidel

	Name:	 	Raymond Fidel
	Title:	 	President
	
	 4020 E. Indian School Rd.
 Phoenix, Arizona 85018

	
	DRIVETIME OHIO COMPANY, LLC
		
	By:	 	 /s/ Jon Ehlinger

	Name:	 	Jon Ehlinger
	Title:	 	Secretary

 
			
	 WELLS FARGO BANK, NATIONAL
 ASSOCIATION, as Collateral Agent

		
	By:	 	 /s/ Raymond Delli Colli

	Name:	 	Raymond Delli Colli
	Title:	 	Vice President

 Schedule I to Supplement No. 1 

to the Security Agreement 
 LOCATION OF COLLATERAL 
  

					
	Grantor	  	Description	  	Location
			
	 GFC Lending LLC
	  	None	  	N/A
			
	 DT Credit Company, LLC
	  	None	  	N/A
			
	 DT Jet Leasing, LLC
	  	None	  	N/A
			
	 DriveTime Sales and Finance Company, LLC
	  	None	  	N/A
			
	 DriveTime Ohio Company, LLC
	  	Inventory	  	OhioExecutive Incentive Plan of the Company

 Exhibit 10.1 
 

 
 EMULEX CORPORATION 
 EXECUTIVE INCENTIVE PLAN 
 Plan Purpose 

To focus members of the management team on the achievement of specific Company and individual accomplishments that contribute to the creation of
shareholder value. 
 To assist in attracting and retaining top quality management. 
 General Plan Description 
 This Executive Incentive Plan (“Plan”) provides
for a quarterly cash award based upon Company performance against net revenue and net operating income plan goals and specified business goals. In addition, a discretionary incentive for recognition of extraordinary contributions to the success of
the company may be recommended. All incentive recommendations are subject to the approval of the Compensation Committee. 
 Eligibility

 Corporate officers, executive officers, operating officers, senior vice presidents, vice presidents, senior directors, and directors
excluding those eligible for sales commission (unless otherwise indicated within this Plan), are eligible for selection to participate in this Plan. A participant must be an active regular full-time employee during the quarter for which the
incentive is paid. Prorated payments will be made for employment during portions of a quarter, provided the participant has been employed for a minimum of 30 calendar days during the quarter. Participants whose employment is terminated for
“cause” (as defined below) are not eligible for any incentive payments even if the termination occurs following the end of a quarter for which a incentive otherwise would be paid. 
 Participation and Term 
 Actual Executive Incentive Plan participants will normally
be selected from among those eligible annually, prior to the start of each fiscal year, by the Chief Executive Officer and approved by the Compensation Committee. The Plan is based on a fiscal year and may be modified, extended, or canceled annually
at the discretion of the Compensation Committee. 
 Target Incentive Opportunity 

Each eligible participant will be assigned a Target Award Opportunity expressed as a percentage of their actual gross quarterly base salary in effect at
the end of the respective quarter. The Target Award Opportunity for: 
 [Category 1] is 100% 

[Category 2] is 90% 
 [Category 3] is 80% 
 [Category 4] is 70% 

[Category 5] is 60% 

 [Category 6] is 55% 

[Category 7] is 50% 
 [Category 8] is 40% 
 [Category 9] is 35% 

[Category 10] is 20% 
 [Category 11] is 10% 
 Incentive Award Criteria 

Incentive award criteria will be based upon achieving a combination of corporate performance goals. 

The weighting factors are: 
  

					
	 	  	 Category 1, 2, 3, 5, 6, 7, and 8
	  	 Category 4

	Net revenue	  	45%	  	50%
	Net operating income	  	55%	  	50%

 The actual goals for measurement purposes will be the Company’s fiscal Annual Operating Plan (AOP) as approved by
the Board of Directors. Corporate incentive components will be calculated according to the following procedure: 
  

	1.	The Target Award Opportunity times the participant’s quarterly gross base salary equals the Target Award. 

Example: 35% x $25,000 (quarterly salary) = $8,750 Target Award 

 

	2.	The weighting factors for net revenue, net operating income, and subjective as stated above times the Target Award give the incentive target for each weighting factor.

 Example: 45% x $8,750 = $3,937.50 (net revenue target) 

                 55% x $8,750 = $4,812.50 (net
operating income target) 
  

	3.	An accelerator formula of 1.5 x % of performance less 50% (Category 3 employee: 2.0 x % of performance less 100%) will be used for each part of the quantitative
incentive award calculation to reinforce over-achievement opportunity as well as to minimize any incentive payments for performance below fiscal AOP planned levels. 

Using the Example if the first quarter performance is 105% of net revenue and 110% of net income: 

(105% x 1.50) less 50% = 157.5% - 50% = 107.5% of net revenue target: 

107.5% x $3,937.50 = $4,232.81 net revenue incentive component 

(110% x 1.50) less 50% = 165% - 50% = 115% of net operating income target: 

115% x $4,812.50 = $5,534.38 net operating income incentive component 

total first quarter incentive components = $9,767.19 

 Using the Example if the second quarter performance is 90% of net revenue and 80% of net operating income:

 (90% x 1.50) less 50% = 135% - 50% = 85% of net revenue target: 

85% x $3,937.50= $3,346.88 net revenue incentive component 
 (80% x 1.50) less 50% = 120% - 50% = 70% of net operating income target: 

70% x $4,812.50 = $3,368.75 net operating income incentive component 

total second quarter incentive components = $6,715.63 
  

	4.	Net revenue and net operating income will be treated as separate components independent of one another regardless of the award formula, and will be added to compute the
cash award. However, a minimum threshold of 80% of the Board of Directors’ approved AOP for net revenue must be achieved for a net revenue incentive component to be included in the cash award. Likewise, a minimum threshold of 80% of the Board
of Directors’ approved AOP for net operating income must be achieved for a net operating income component to be included in the cash award. No cash award of any kind shall be made if net operating income falls below 50% of the AOP approved
plan. 

  

	5.	In addition to the components based on net revenue and net operating income, a participant’s cash award may be adjusted by a Performance Contribution Factor (PCF)
which represents the level of the employee’s contribution to the company’s results for the quarter, and the payment made to the participant shall be the cash award multiplied by the PCF. The PCF will be determined by the Company, and can
range from 0.9 to 1.1, and a PCF other than 1.0 should be applied on an exception basis. The PCF for a participant will be based on the objectives set for that participant at the beginning of the quarter, and the participant’s progress against
those objectives as discussed with his or her manager. If a participant receives a PCF of 0.9, he or she should also be on a performance improvement plan. 

 Discretionary Awards 
 Occasionally, an individual makes an extraordinary
contribution to the success of the company, a contribution that deserves special recognition and financial reward. It is the intention of this “Discretionary Awards” provision to provide the CEO with the latitude to recommend unusual
incentive payments to be made to such contributors when they occur. Such incentive recommendations are not subject to the guidelines of the Plan described above, but are subject to the review and prior approval of the Compensation Committee.

 Payment of Awards 

Any proposed awards by the CEO must be reviewed and approved by the Compensation Committee. 
 Awards will be paid approximately 30 days following the end of each quarter. All legally required deductions will be withheld. 

 Plan Administration 
 The Plan will be administered under the direction of the CEO of Emulex Corporation upon approval by the Emulex Compensation Committee. The administrator’s authority will include, but not be limited
to: 
 Final approval of Plan participants, corporate performance goals, award opportunity and award payment. 

Interpretation of all rules pertaining to the Plan. 
 Changes to the Plan or termination of the Plan, provided such changes or termination do not adversely affect the award opportunity or difficulty of earning awards following the beginning of the fiscal
year. 
 Treatment of special events in calculating performance versus plan, such as a major acquisition or changes in accounting
regulations. 
 Plan Term 

This Plan will become effective on the first day of the fiscal year and end on the last day of the fiscal year. 

Foreign Currency Considerations 

All Plan participants whose gross base salary is not denominated in U.S. dollars will be paid in the same currency as their gross base salary. All
incentive calculations will be made using the equivalent base salary in US currency as indicated in the most recent payroll information. 

Definitions 
 Active Regular Full-time Employee: An employee working 40 hours per week. 
 Gross Base
Salary: An employee’s base salary, and does not include payments for overtime, incentive payments of any type, or other income such as relocation allowances, employee referral payments, etc. 

Net Revenue: Net revenue as presented in the Company’s consolidated financial statements. 

Net Operating Income: Operating income as presented in the Company’s consolidated financial statements, excluding amortization, impairment of
intangibles, incentive payments, profit sharing payments, retirement savings plan payments, share based compensation, severance payments, and worker’s compensation payments. 
 Termination for Cause: Termination of employment as a result of violation of one or more written or unwritten Company policies, procedures, principles or rules regarding employee conduct and
behavior. If an employee is terminated for cause prior to payment of a quarterly incentive, the employee will not be eligible for the payment. Nothing in this Plan shall alter the at-will employment relationship between the Company and its
employees. Either the Company or the employee may terminate the employment relationship at any time, for any reason or no reason, with or without any cause.

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