Document:

exv10w14

Exhibit 10.14

SECOND AMENDED AND RESTATED

SECURITIES PLEDGE AGREEMENT

     THIS SECOND AMENDED AND RESTATED SECURITIES PLEDGE AGREEMENT (this “Pledge Agreement”)
is made and entered into as of July 8, 2011 by SONIC AUTOMOTIVE, INC., a Delaware corporation (a
“Company” and a “Pledgor”), EACH OF THE UNDERSIGNED SUBSIDIARIES OF THE COMPANY AND
EACH OTHER PERSON WHO SHALL BECOME A PARTY HERETO BY EXECUTION OF A JOINDER AGREEMENT (each a
“Pledgor” and, collectively with the Company, the “Pledgors”) and BANK OF AMERICA,
N.A., a national banking association, as Administrative Agent (in such capacity, the
“Administrative Agent”) for each of the lenders (the “Lenders”) now or hereafter
party to the Revolving Credit Agreement defined below (collectively with the Administrative Agent
and certain other Persons parties to Related Swap Contracts and Secured Cash Management
Arrangements as more particularly described in Section 17 hereof, the “Revolving
Secured Parties”). All capitalized terms used but not otherwise defined herein shall have the
respective meanings assigned thereto in the Revolving Credit Agreement.

W I T N E S S E T H:

     WHEREAS, the Company, certain of the Lenders (the “Existing Lenders”) and the
Administrative Agent entered into that certain Amended and Restated Credit Agreement dated as of
January 15, 2010 (as amended prior to (but excluding) the date hereof, the “Existing Credit
Agreement”), pursuant to which certain of the Existing Lenders agreed to make available to the
Company a revolving credit facility, including a letter of credit subfacility and a swingline
subfacility; and

     WHEREAS, the Company and certain Subsidiaries of the Company (the “Existing Pledgors”)
entered into an Amended and Restated Securities Pledge Agreement dated as of January 15, 2010 (as
amended prior to (but excluding) the date hereof, the “Existing Pledge Agreement”),
pursuant to which the Existing Pledgors have secured their obligations arising under the Existing
Credit Agreement; and

     WHEREAS, the Company has requested that the Existing Credit Agreement be amended and restated
in order to, among other things, (a) extend the maturity date of the revolving credit facility
provided therein, (b) increase the maximum aggregate amount of the revolving credit facility
provided therein to $175,000,000, and (c) make certain other amendments to the Existing Credit
Agreement on the terms and conditions set forth in that certain Second Amended and Restated Credit
Agreement dated as of the date hereof (as amended, restated, supplemented or otherwise modified
from time to time, the “Revolving Credit Agreement”) among the Company, the Administrative
Agent and the Lenders party thereto from time to time (the “Lenders”); and

     WHEREAS, the Administrative Agent and the Lenders have agreed to enter into the Revolving
Credit Agreement, subject to, among other things, a condition that the parties amend and restate
the Existing Pledge Agreement as provided herein; and

 

 

     WHEREAS, each of (i) the Company, as collateral security for the payment and performance of
the Obligations and the obligations and liabilities of any Loan Party now existing or hereafter
arising under Related Swap Contracts and Secured Cash Management Arrangements, and (ii) each other
Pledgor (including each Subsidiary party to a Joinder Agreement), as collateral security for the
payment and performance of its Guarantor’s Obligations (as defined in the Subsidiary Guaranty), and
the payment and performance of its obligations and liabilities (whether now existing or hereafter
arising) hereunder or under any of the other Loan Documents to which it is now or hereafter becomes
a party (such obligations and liabilities of the Pledgors described in clauses (i) and (ii) being
referred to as “Secured Obligations”), is willing to pledge and grant to the Administrative
Agent for the benefit of the Revolving Secured Parties a security interest in all of the Equity
Interests of certain of its Subsidiaries as more particularly described on Schedule I
attached hereto (collectively, the “Pledged Interests”), and certain related property (such
Subsidiaries, together with all other Subsidiaries whose Equity Interests may be required to be
subject to this Pledge Agreement from time to time, are hereinafter referred to collectively as the
“Pledged Subsidiaries”); and

     WHEREAS, the Company and each Subsidiary party hereto will materially benefit from the Loans
to be made, and the Letters of Credit to be issued, under the Revolving Credit Agreement and each
such Subsidiary is a party (as signatory or by joinder) to the Subsidiary Guaranty pursuant to
which such Subsidiary guarantees the Obligations of the Company and the other Loan Parties; and

     WHEREAS, the Revolving Secured Parties are unwilling to make available or maintain the credit
facilities under the Revolving Credit Agreement unless the Company and each other Pledgor enter
into this Pledge Agreement;

     NOW, THEREFORE, in order to induce (i) the Lenders to amend and restate the Existing Credit
Agreement and (ii) the Revolving Secured Parties to enter into the Loan Documents and to make or
maintain the credit facilities provided for therein available to or for the account of the Company
and in consideration of the promises and the mutual covenants contained herein, the parties hereto
agree that the Existing Pledge Agreement is hereby amended and restated as follows:

     1. Pledge of Pledged Interests; Other Collateral.

     (a) As collateral security for the payment and performance by each Pledgor of its now
or hereafter existing Secured Obligations, each Pledgor hereby grants, pledges and
collaterally assigns to the Administrative Agent for the benefit of the Revolving Secured
Parties a first priority security interest in all of the following items of property in
which it now has or may at any time hereafter acquire an interest or the power to transfer
rights therein, and wheresoever located:

     (i) the Pledged Interests; and

     (ii) all money, securities, security entitlements and other investment
property, dividends, rights, general intangibles and other property at any time and
from time to time (x) declared or distributed in respect of or in exchange for or on

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conversion of any Pledged Interest, or (y) by its or their terms exchangeable
or exercisable for or convertible into any Pledged Interest; and

     (iii) all other property of whatever character or description, including money,
securities, security entitlements and other investment property, and general
intangibles hereafter delivered to the Administrative Agent in substitution for or
as an addition to any of the foregoing; and

     (iv) all securities accounts to which may at any time be credited any or all of
the foregoing or any proceeds thereof and all certificates and instruments
representing or evidencing any of the foregoing or any proceeds thereof; and

     (v) all proceeds of any of the foregoing.

All such Pledged Interests, certificates, instruments, cash, securities, interests,
dividends, rights and other property referred to in clauses (i) through (v) of this
Section 1 are herein collectively referred to as the “Collateral.”

     (b) Subject to Section 10(a), each Pledgor agrees to deliver all certificates,
instruments or other documents representing any Collateral to the Administrative Agent at
such location as the Administrative Agent shall from time to time designate by written
notice pursuant to Section 22 for its custody at all times until termination of this
Pledge Agreement, together with such instruments of assignment and transfer as requested by
the Administrative Agent.

     (c) Each Pledgor agrees to execute and deliver, or cause to be executed and delivered
by other Persons, at Pledgor’s expense, all share certificates, documents, instruments,
agreements, financing statements (and amendments thereto and continuations thereof),
assignments, control agreements, or other writings as the Administrative Agent may
reasonably request from time to time to carry out the terms of this Pledge Agreement or to
protect or enforce the Administrative Agent’s Lien and security interest in the Collateral
hereunder granted to the Administrative Agent for the benefit of the Revolving Secured
Parties and further agrees to do and cause to be done upon the Administrative Agent’s
request, at Pledgor’s expense, all things determined by the Administrative Agent to be
necessary or advisable to perfect and keep in full force and effect the Lien in the
Collateral hereunder granted to the Administrative Agent for the benefit of the Revolving
Secured Parties, including the prompt payment of all out-of-pocket fees and expenses
incurred in connection with any filings made to perfect or continue the Lien and security
interest in the Collateral hereunder granted in favor of the Administrative Agent for the
benefit of the Revolving Secured Parties.

     (d) All filing fees, advances, charges, costs and expenses (including fees, charges and
disbursements of counsel (“Attorney Costs”)), incurred or paid by the Administrative
Agent or any Lender in exercising any right, power or remedy conferred by this Pledge
Agreement, or in the enforcement thereof, shall become a part of the Secured Obligations
secured hereunder and shall be paid to the Administrative Agent for the benefit of the
Revolving Secured Parties by the Pledgor in respect of which the same

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was incurred immediately upon demand therefor, and any amounts not so paid on demand
(in addition to other rights and remedies resulting from such nonpayment) shall bear
interest from the date of demand until paid in full at the Default Rate.

     (e) Each Pledgor agrees to register and cause to be registered the interest of the
Administrative Agent, for the benefit of the Revolving Secured Parties, in the Collateral on
its own books and records and the registration books of each of the Pledged Subsidiaries.

     2. Status of Pledged Interests. Each Pledgor hereby represents, warrants and
covenants to the Administrative Agent for the benefit of the Revolving Secured Parties, with
respect to itself and the Collateral as to which it has or acquires any interest, that:

     (a) All of the Pledged Interests are, as of the date of execution of this Pledge
Agreement or Joinder Agreement by each Pledgor pledging such Pledged Interests (such date as
applicable with respect to each Pledgor, its “Applicable Date”), and shall at all
times thereafter be validly issued and outstanding, fully paid and non-assessable, are
accurately described on Schedule I, and (except as set forth on Schedule I)
constitute all of the issued and outstanding Equity Interests of each Pledged Subsidiary.

     (b) The Pledgor is as at its Applicable Date and shall at all times thereafter (subject
to Dispositions permitted under the Revolving Credit Agreement) be the sole registered and
record and beneficial owner of the Pledged Interests, free and clear of all Liens, charges,
equities, options, hypothecations, encumbrances and restrictions on pledge or transfer,
including transfer of voting rights (other than the pledge hereunder and applicable
restrictions pursuant to federal and state and applicable foreign securities laws). Without
limiting the foregoing, the Pledged Interests are not and will not be subject to any voting
trust, shareholders agreement, right of first refusal, voting proxy, power of attorney or
other similar arrangement (other than the rights hereunder in favor of the Administrative
Agent).

     (c) At no time shall any Pledged Interests (i) be held or maintained in the form of a
security entitlement or credited to any securities account and (ii) which constitute a
“security” (or as to which the related Pledged Subsidiary has elected to have treated as a
“security”) under Article 8 of the Uniform Commercial Code of the State of North Carolina or
of any other jurisdiction whose laws may govern (the “UCC”) be maintained in the
form of uncertificated securities. With respect to Pledged Interests that are “securities”
under the UCC, or as to which the issuer has elected at any time to have such interests
treated as “securities” under the UCC, such Pledged Interests are, and shall at all times
be, represented by the share certificates listed on Schedule I hereto, which share
certificates, with stock powers duly executed in blank by the Pledgor, have been delivered
to the Administrative Agent or are being delivered to the Administrative Agent
simultaneously herewith or, in the case of Additional Interests as defined in Section
21, shall be delivered pursuant to Section 21. In addition, with respect to all
Pledged Interests, including Pledged Interests that are not “securities” under the UCC and
as to which the applicable Pledged Subsidiary has not elected to have such interests treated
as “securities” under the UCC, the Pledgor has at its Applicable Date delivered to the

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Administrative Agent (or has previously delivered to the Administrative Agent or, in
case of Additional Interests shall deliver pursuant to Section 21) Uniform
Commercial Code financing statements (or appropriate amendments thereto) duly authorized by
the Pledgor and naming the Administrative Agent for the benefit of the Revolving Secured
Parties as “secured party,” in form, substance and number sufficient in the reasonable
opinion of the Administrative Agent to be filed in all UCC filing offices and in all
jurisdictions in which filing is necessary or advisable to perfect in favor of the
Administrative Agent for the benefit of the Revolving Secured Parties the Lien on such
Pledged Interests, together with all required filing fees. Without limiting the foregoing
provisions of this Section 2(c), with respect to any Pledged Interests issued by any
Subsidiary organized under the laws of a jurisdiction other than the United States (a
“Foreign Subsidiary”), Pledgor shall deliver or cause to be delivered, (i) in
addition to or in substitution for all or any of the foregoing items, as the Administrative
Agent may elect, such other instruments, certificates, agreements, notices, filings, and
other documents, and take or cause to be taken such other action, as the Administrative
Agent may determine to be necessary or advisable under the laws of the jurisdiction of
formation of such Foreign Subsidiary, to grant, perfect and protect as a first priority lien
in such Collateral in favor of the Administrative Agent for the benefit of the Revolving
Secured Parties, and (ii) an opinion of counsel acceptable in form and substance to the
Administrative Agent issued by a law firm acceptable to the Administrative Agent licensed to
practice law in such foreign jurisdiction, addressing with respect to such Pledged Interests
the matters described in Section 6.14 of the Revolving Credit Agreement.

     (d) It has full corporate power, legal right and lawful authority to execute this
Pledge Agreement (and any Joinder Agreement applicable to it) and to pledge, assign and
transfer its Pledged Interests in the manner and form hereof.

     (e) The pledge, assignment and delivery of its Pledged Interests (along with undated
stock powers executed in blank, financing statements and other agreements referred to in
Section 2(c) hereof) to the Administrative Agent for the benefit of the Revolving
Secured Parties pursuant to this Pledge Agreement (or any Joinder Agreement) creates or
continues, as applicable, a valid and perfected first priority security interest in such
Pledged Interests in favor of the Administrative Agent for the benefit of the Revolving
Secured Parties, securing the payment of the Secured Obligations, assuming, in the case of
the Pledged Interests which constitute certificated “securities” under the UCC, continuous
and uninterrupted possession by or on behalf of the Administrative Agent. The Pledgor will
at its own cost and expense defend the Revolving Secured Parties’ right, title and security
interest in and to the Collateral against the claims and demands of all persons whomsoever.

     (f) Except as otherwise expressly provided herein pursuant to a Disposition permitted
under the Revolving Credit Agreement, none of the Pledged Interests (nor any interest
therein or thereto) shall be sold, transferred or assigned without the Administrative
Agent’s prior written consent, which may be withheld for any reason.

     (g) It shall at all times cause the Pledged Interests of such Pledgor that constitute
“securities” (or as to which the issuer elects to have treated as “securities”)

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under the UCC to be represented by the certificates now and hereafter delivered to the
Administrative Agent in accordance with Sections 1, 2 and 21 hereof
and that it shall cause each of the Pledged Subsidiaries as to which it is the Pledgor not
to issue any Equity Interests, or securities convertible into, or exchangeable or
exercisable for, Equity Interests, at any time during the term of this Pledge Agreement
unless the Pledged Interests of such Pledge Subsidiary are issued solely to either (y) such
Pledgor who shall immediately comply with Sections 2 and 21 hereof with
respect to such property or (z) the Company or a Subsidiary Guarantor who shall immediately
pledge such additional Equity Interests to the Administrative Agent for the benefit of the
Revolving Secured Parties pursuant to Section 21 or 23 hereof, as
applicable, on substantially identical terms as are contained herein and deliver or cause to
be delivered the appropriate documents described in Section 2(c) hereof to the
Administrative Agent and take such further actions as the Administrative Agent may deem
necessary in order to perfect a first priority security interest in such Equity Interests.

     (h) The exact legal name and address, type of Person, jurisdiction of formation,
jurisdiction of formation identification number (if any), and location of the chief
executive office of such Pledgor are as specified on Schedule II attached hereto.
No Pledgor shall change its name, jurisdiction of formation (whether by reincorporation,
merger or otherwise), or the location of its chief executive office, except upon giving not
less than thirty (30) days’ prior written notice to the Administrative Agent and taking or
causing to be taken all such action at such Pledgor’s expense as may be reasonably requested
by the Administrative Agent to perfect or maintain the perfection of the Lien of the
Administrative Agent in Collateral.

     3. Preservation and Protection of Collateral.

     (a) The Administrative Agent shall be under no duty or liability with respect to the
collection, protection or preservation of the Collateral, or otherwise, beyond the use of
reasonable care in the custody and preservation thereof while in its possession.

     (b) Each Pledgor agrees to pay when due all taxes, charges, Liens and assessments
against the Collateral in which it has an interest, unless being contested in good faith by
appropriate proceedings diligently conducted and against which adequate reserves have been
established in accordance with GAAP applied on a basis consistent with that used in
preparing the Audited Financial Statements and evidenced to the satisfaction of the
Administrative Agent and provided that all enforcement proceedings in the nature of levy or
foreclosure are effectively stayed. Upon the failure of any Pledgor to so pay or contest
such taxes, charges, Liens or assessments, or upon the failure of any Pledgor to pay any
amount pursuant to Section 1(c), the Administrative Agent at its option may pay or
contest any of them (the Administrative Agent having the sole right to determine the
legality or validity and the amount necessary to discharge such taxes, charges, Liens or
assessments) but shall not have any obligation to make any such payment or contest. All
sums so disbursed by the Administrative Agent, including Attorney Costs, court costs,
expenses and other charges related thereto, shall be payable on demand by the applicable
Pledgor to the Administrative Agent and shall be additional Secured Obligations secured by
the Collateral, and any amounts not so paid on demand

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(in addition to other rights and remedies resulting from such nonpayment) shall bear
interest from the date of demand until paid in full at the Default Rate.

     (c) Each Pledgor hereby (i) irrevocably authorizes the Administrative Agent to file
(with, or to the extent permitted by applicable law, without the signature of the Pledgor
appearing thereon) financing statements (including amendments thereto and continuations and
copies thereof) showing such Pledgor as “debtor” at such time or times and in all filing
offices as the Administrative Agent may from time to time reasonably determine to be
necessary or advisable to perfect or protect the rights of the Administrative Agent and the
Revolving Secured Parties hereunder, or otherwise to give effect to the transactions herein
contemplated, and (ii) irrevocably ratifies and acknowledges all such actions taken by or on
behalf of the Administrative Agent prior to the Applicable Date.

     4. Default. Upon the occurrence and during the continuance of any Event of Default,
the Administrative Agent is given full power and authority, then or at any time thereafter, to
sell, assign, deliver or collect the whole or any part of the Collateral, or any substitute
therefor or any addition thereto, in one or more sales, with or without any previous demands or
demand of performance or, to the extent permitted by law, notice or advertisement, in such order as
the Administrative Agent may elect; and any such sale may be made either at public or private sale
at the Administrative Agent’s place of business or elsewhere, either for cash or upon credit or for
future delivery, at such price or prices as the Administrative Agent may reasonably deem fair; and
the Administrative Agent or any other Revolving Secured Party may be the purchaser of any or all
Collateral so sold and hold the same thereafter in its own right free from any claim of any Pledgor
or right of redemption. Demands of performance, advertisements and presence of property and sale
and notice of sale are hereby waived to the extent permissible by law. Any sale hereunder may be
conducted by an auctioneer or any officer or agent of the Administrative Agent. Each Pledgor
recognizes that the Administrative Agent may be unable to effect a public sale of the Collateral by
reason of certain prohibitions contained in the Securities Act of 1933, as amended (the
“Securities Act”), and applicable state law, and may be otherwise delayed or adversely
affected in effecting any sale by reason of present or future restrictions thereon imposed by
governmental authorities, and that as a consequence of such prohibitions and restrictions the
Administrative Agent may be compelled (i) to resort to one or more private sales to a restricted
group of purchasers who will be obliged to agree, among other things, to acquire the Collateral for
their own account, for investment and not with a view to the distribution or resale thereof, or
(ii) to seek regulatory approval of any proposed sale or sales, or (iii) to limit the amount of
Collateral sold to any Person or group. Each Pledgor agrees and acknowledges that private sales so
made may be at prices and upon terms less favorable to such Pledgor than if such Collateral was
sold either at public sales or at private sales not subject to other regulatory restrictions, and
that the Administrative Agent has no obligation to delay the sale of any of the Collateral for the
period of time necessary to permit the Pledged Subsidiary to register or otherwise qualify the
Collateral, even if such Pledged Subsidiary would agree to register or otherwise qualify such
Collateral for public sale under the Securities Act or applicable state law. Each Pledgor further
agrees, to the extent permitted by applicable law, that the use of private sales made under the
foregoing circumstances to dispose of the Collateral shall be deemed to be dispositions in a
commercially reasonable manner. Each Pledgor hereby acknowledges that a ready market may not exist
for the Pledged Interests if they are not traded

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on a national securities exchange or quoted on an automated quotation system and agrees and
acknowledges that in such event the Pledged Interests may be sold for an amount less than a pro
rata share of the fair market value of the Pledged Subsidiary’s assets minus its liabilities. In
addition to the foregoing, the Revolving Secured Parties may exercise such other rights and
remedies as may be available under the Loan Documents, at law (including without limitation the
UCC) or in equity.

     5. Proceeds of Sale. The net cash proceeds resulting from the collection,
liquidation, sale, or other disposition of the Collateral shall be applied first to the expenses
(including all Attorney Costs) of retaking, holding, storing, processing and preparing for sale,
selling, collecting, liquidating and the like, and then to the satisfaction of all Secured
Obligations in accordance with the terms of Section 8.03 of the Revolving Credit Agreement.
Each Pledgor shall be liable to the Administrative Agent, for the benefit of the Revolving Secured
Parties, and shall pay to the Administrative Agent, for the benefit of the Revolving Secured
Parties, on demand any deficiency which may remain after such sale, disposition, collection or
liquidation of the Collateral.

     6. Presentments, Demands and Notices. The Administrative Agent shall not be under any
duty or obligation whatsoever to make or give any presentments, demands for performances, notices
of nonperformance, protests, notice of protest or notice of dishonor in connection with any
obligations or evidences of indebtedness held thereby as collateral, or in connection with any
obligations or evidences of indebtedness which constitute in whole or in part the Secured
Obligations secured hereunder.

     7. Attorney-in-Fact. Each Pledgor hereby appoints the Administrative Agent as the
Pledgor’s attorney-in-fact for the purposes of carrying out the provisions of this Pledge Agreement
and taking any action and executing any instrument which the Administrative Agent may deem
necessary or advisable to accomplish the purposes hereof, which appointment is irrevocable and
coupled with an interest; provided, that the Administrative Agent shall have and may
exercise rights under this power of attorney only upon the occurrence and during the continuance of
an Event of Default. Without limiting the generality of the foregoing, upon the occurrence and
during the continuance of an Event of Default, the Administrative Agent shall have the right and
power to receive, endorse and collect all checks and other orders for the payment of money made
payable to any Pledgor representing any dividend, interest payment, principal payment or other
distribution payable or distributable in respect to the Collateral or any part thereof and to give
full discharge for the same.

     8. Reinstatement. The granting of a security interest in the Collateral and the other
provisions hereof shall continue to be effective or be reinstated, as the case may be, if at any
time any payment of any of the Secured Obligations is rescinded or must otherwise be returned by
any Revolving Secured Party or is repaid by any Revolving Secured Party in whole or in part in good
faith settlement of a pending or threatened avoidance claim, whether upon the insolvency,
bankruptcy or reorganization of any Pledgor or any other Loan Party or otherwise, all as though
such payment had not been made. The provisions of this Section 8 shall survive repayment of
all of the Secured Obligations and the termination or expiration of this Pledge Agreement in any
manner, including but not limited to termination upon occurrence of the Facility Termination Date.

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     9. Waiver by the Pledgors. Each Pledgor waives to the extent permitted by applicable
law (a) any right to require any Revolving Secured Party or any other obligee of the Secured
Obligations to (i) proceed against any Person or entity, including without limitation any Loan
Party, (ii) proceed against or exhaust any Collateral or other collateral for the Secured
Obligations, or (iii) pursue any other remedy in its power, (b) any defense arising by reason of
any disability or other defense of any other Person, or by reason of the cessation from any cause
whatsoever of the liability of any other Person or entity, (c) any right of subrogation, (d) any
right to enforce any remedy which any Revolving Secured Party or any other obligee of the Secured
Obligations now has or may hereafter have against any other Person and any benefit of and any right
to participate in any collateral or security whatsoever now or hereafter held by the Administrative
Agent for the benefit of the Revolving Secured Parties. Each Pledgor authorizes each Revolving
Secured Party and each other obligee of the Secured Obligations without notice (except notice
required by applicable law) or demand and without affecting its liability hereunder or under the
Loan Documents from time to time to: (x) take and hold security, other than the Collateral herein
described, for the payment of such Secured Obligations or any part thereof, and exchange, enforce,
waive and release the Collateral herein described or any part thereof or any such other security;
and (y) apply such Collateral or other security and direct the order or manner of sale thereof as
such Revolving Secured Party or obligee in its discretion may determine.

     The Administrative Agent may at any time deliver (without representation, recourse or
warranty) the Collateral or any part thereof to a Pledgor and the receipt thereof by such Pledgor
shall be a complete and full acquittance for the Collateral so delivered, and the Administrative
Agent shall thereafter be discharged from any liability or responsibility therefor.

     10. Dividends and Voting Rights.

     (a) All dividends and other distributions with respect to any of the Pledged Interests
shall be subject to the pledge hereunder, provided, however, that cash
dividends paid to a Pledgor as record owner of the Pledged Interests, to the extent
permitted by the Revolving Credit Agreement to be declared and paid, may be retained by such
Pledgor so long as no Event of Default shall have occurred and be continuing, free from any
Liens hereunder.

     (b) So long as no Event of Default shall have occurred and be continuing, the
registration of the Collateral in the name of a Pledgor as record and beneficial owner shall
not be changed and such Pledgor shall be entitled to exercise all voting and other rights
and powers pertaining to the Collateral for all purposes not inconsistent with the terms of
the Loan Documents.

     (c) Upon the occurrence and during the continuance of any Event of Default, all rights
of the Pledgors to receive and retain cash dividends and other distributions upon the
Collateral pursuant to subsection (a) above shall cease and shall thereupon be vested in the
Administrative Agent for the benefit of the Revolving Secured Parties, and each Pledgor
shall promptly deliver, or shall cause to be promptly delivered, all such cash dividends and
other distributions with respect to the Pledged Interests to the Administrative Agent
(together, if the Administrative Agent shall request, with the documents described in
Sections 1(c) and 2(c) hereof or other negotiable documents or

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instruments so distributed) to be held by it hereunder or, at the option of the
Administrative Agent, to be applied to the Secured Obligations. Pending delivery to the
Administrative Agent of such property, each Pledgor shall keep such property segregated from
its other property and shall be deemed to hold the same in trust for the benefit of the
Revolving Secured Parties.

     (d) Upon the occurrence and during the continuance of any Event of Default, at the
option of the Administrative Agent, all rights of each of the Pledgors to exercise the
voting or consensual rights and powers which it is authorized to exercise pursuant to
subsection (b) above shall cease and the Administrative Agent may thereupon (but shall not
be obligated to), at its request, cause such Collateral to be registered in the name of the
Administrative Agent or its nominee or agent for the benefit of the Revolving Secured
Parties and/or exercise such voting or consensual rights and powers as appertain to
ownership of such Collateral, and to that end each Pledgor hereby appoints the
Administrative Agent as its proxy, with full power of substitution, to vote and exercise all
other rights as a shareholder with respect to such Pledged Interests hereunder upon the
occurrence and during the continuance of any Event of Default, which proxy is coupled with
an interest and is irrevocable until the Facility Termination Date, and each Pledgor hereby
agrees to provide such further proxies as the Administrative Agent may request;
provided, however, that the Administrative Agent in its discretion may from
time to time refrain from exercising, and shall not be obligated to exercise, any such
voting or consensual rights or such proxy.

     11. Continued Powers. Until the Facility Termination Date shall have occurred, the
power of sale and other rights, powers and remedies granted to the Administrative Agent for the
benefit of the Revolving Secured Parties hereunder shall continue to exist and may, at any time
after the occurrence and during the continuance of an Event of Default, be exercised by the
Administrative Agent at any time and from time to time irrespective of the fact that any of the
Secured Obligations or any part thereof may have become barred by any statute of limitations or
that any part of the liability of any Pledgor may have ceased.

     12. Other Rights. The rights, powers and remedies given to the Administrative Agent
for the benefit of the Revolving Secured Parties by this Pledge Agreement shall be in addition to
all rights, powers and remedies given to the Administrative Agent or any Revolving Secured Party
under any other Loan Document or by virtue of any statute or rule of law. Any forbearance or
failure or delay by the Administrative Agent in exercising any right, power or remedy hereunder
shall not be deemed to be a waiver of such right, power or remedy, and any single or partial
exercise of any right, power or remedy hereunder shall not preclude the further exercise thereof;
and every right, power and remedy of the Revolving Secured Parties shall continue in full force and
effect until such right, power or remedy is specifically waived in accordance with the terms of the
Revolving Credit Agreement.

     13. Anti-Marshaling Provisions. The right is hereby given by each Pledgor to the
Administrative Agent, for the benefit of the Revolving Secured Parties, to make releases (whether
in whole or in part) of all or any part of the Collateral agreeable to the Administrative Agent
without notice to, or the consent, approval or agreement of other parties and interests, including
junior lienors, which releases shall not impair in any manner the validity of or priority

10

 

of the Liens and security interests in the remaining Collateral conferred hereunder, nor
release any Pledgor from personal liability for the Secured Obligations. Notwithstanding the
existence of any other security interest in the Collateral held by the Administrative Agent, for
the benefit of the Revolving Secured Parties, the Administrative Agent shall have the right to
determine the order in which any or all of the Collateral shall be subjected to the remedies
provided in this Pledge Agreement. Each Pledgor hereby waives any and all right to require the
marshaling of assets in connection with the exercise of any of the remedies permitted by applicable
law or provided herein or in any Loan Document.

     14. Entire Agreement. This Pledge Agreement and each Joinder Agreement, together with
the Revolving Credit Agreement and other Loan Documents, constitutes and expresses the entire
understanding between the parties hereto with respect to the subject matter hereof, and supersedes
all prior negotiations, agreements and understandings, inducements, commitments or conditions,
express or implied, oral or written, except as herein contained. The express terms hereof and of
the Joinder Agreements control and supersede any course of performance or usage of the trade
inconsistent with any of the terms hereof and thereof. Neither this Pledge Agreement nor any
Joinder Agreement nor any portion or provision hereof or thereof may be changed, altered, modified,
supplemented, discharged, canceled, terminated, or amended orally or in any manner other than as
provided in the Revolving Credit Agreement.

     15. Further Assurances. Each Pledgor agrees at its own expense to do such further
acts and things, and to execute and deliver, and cause to be executed and delivered as may be
necessary or advisable to give effect thereto, such additional conveyances, assignments, financing
statements, control agreements, documents, certificates, stock powers, agreements and instruments,
as the Administrative Agent may at any time reasonably request in connection with the
administration or enforcement of this Pledge Agreement or any Joinder Agreement or related to the
Collateral or any part thereof or in order better to assure and confirm unto the Administrative
Agent its rights, powers and remedies for the benefit of the Revolving Secured Parties hereunder or
thereunder. Each Pledgor hereby consents and agrees that the Pledged Subsidiaries and all other
Persons, shall be entitled to accept the provisions hereof and of the Joinder Agreements as
conclusive evidence of the right of the Administrative Agent, on behalf of the Revolving Secured
Parties, to exercise its rights, privileges, and remedies hereunder and thereunder with respect to
the Collateral, notwithstanding any other notice or direction to the contrary heretofore or
hereafter given by any Pledgor or any other Person to any of such Pledged Subsidiaries or other
Persons.

     16. Binding Agreement; Assignment. This Pledge Agreement and each Joinder Agreement,
and the terms, covenants and conditions hereof and thereof, shall be binding upon and inure to the
benefit of the parties hereto, and to their respective successors and assigns, except that no
Pledgor shall be permitted to assign this Pledge Agreement, any Joinder Agreement or any interest
herein or therein or in the Collateral, or any part thereof or interest therein, or otherwise
pledge, encumber or grant any option with respect to the Collateral, or any part thereof, or any
cash or property held by the Administrative Agent as Collateral under this Pledge Agreement.
Without limiting the generality of the foregoing sentence of this Section 16, any Lender
may assign to one or more Persons, or grant to one or more Persons participations in or to, all or
any part of its rights and obligations under the Revolving Credit Agreement (to the extent
permitted by the Revolving Credit Agreement); and to the extent of any such permitted

11

 

assignment or participation such other Person shall, to the fullest extent permitted by law,
thereupon become vested with all the benefits in respect thereof granted to such Lender herein or
otherwise, subject however, to the provisions of the Revolving Credit Agreement, including
Article IX thereof (concerning the Administrative Agent) and Section 10.06 thereof
(concerning assignments and participations). All references herein to the Administrative Agent and
to the Revolving Secured Parties shall include any successor thereof or permitted assignee, and any
other obligees from time to time of the Secured Obligations.

     17. Related Swap Contracts and Secured Cash Management Arrangements. All obligations
of any Pledgor under or in respect of Related Swap Contracts and Secured Cash Management
Arrangements (which are not prohibited under the terms of the Revolving Credit Agreement) to which
any Lender or any Affiliate of any Lender is a party, shall be deemed to be Secured Obligations
secured hereby, and each Lender or Affiliate of a Lender party to any such Related Swap Contract or
Secured Cash Management Arrangement shall be deemed to be a Revolving Secured Party hereunder with
respect to such Secured Obligations; provided, however, that such obligations shall
cease to be Secured Obligations at such time, prior to the Facility Termination Date, as such
Person (or Affiliate of such Person) shall cease to be a “Lender” under the Revolving
Credit Agreement.

     No Person who obtains the benefit of any Lien by virtue of the provisions of this Section
shall have any right to notice of any action or to consent to, direct or object to any action
hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the
release or impairment of any Collateral) other than in its capacity as a Lender and only to the
extent expressly provided in the Loan Documents. Notwithstanding any other provisions of this
Pledge Agreement to the contrary, the Administrative Agent shall only be required to verify the
payment of, or that other satisfactory arrangements have been made with respect to, the Secured
Obligations arising under Related Swap Contracts or Secured Cash Management Arrangements to the
extent the Administrative Agent has received written notice of such Obligations, together with
such supportive documentation as it may request from the applicable Lender or Affiliate of a
Lender. Each Revolving Secured Party not a party to the Revolving Credit Agreement who obtains the
benefit of this Pledge Agreement by virtue of the provisions of this Section shall be deemed to
have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of
the Revolving Credit Agreement, and that with respect to the actions and omissions of the
Administrative Agent hereunder or otherwise relating hereto that do or may affect such Revolving
Secured Party, the Administrative Agent and each of its Related Parties shall be entitled to all
the rights, benefits and immunities conferred under Article IX of the Revolving Credit
Agreement.

     18. Severability. The provisions of this Pledge Agreement are independent of and
separable from each other. If any provision hereof shall for any reason be held invalid or
unenforceable, such invalidity or unenforceability shall not affect the validity or enforceability
of any other provision hereof, but this Pledge Agreement shall be construed as if such invalid or
unenforceable provision had never been contained herein.

     19. Counterparts. This Pledge Agreement may be executed in any number of counterparts
each of which when so executed and delivered shall be deemed an original, and it shall not be
necessary in making proof of this Pledge Agreement to produce or account for more

12

 

than one such counterpart executed by the Pledgor against whom enforcement is sought. Without
limiting the foregoing provisions of this Section 19, the provisions of Section
10.10 of the Revolving Credit Agreement shall be applicable to this Pledge Agreement.

     20. Termination. Subject to the provisions of Section 8, this Pledge
Agreement and each Joinder Agreement, and all obligations of the Pledgors hereunder (excluding
those obligations and liabilities that expressly survive such termination) shall terminate without
delivery of any instrument or performance of any act by any party on the Facility Termination Date.
Upon such termination of this Pledge Agreement, the Administrative Agent shall, at the sole
expense of the Pledgors, promptly deliver to the Pledgors the certificates evidencing its shares of
Pledged Interests (and any other property received as a dividend or distribution or otherwise in
respect of such Pledged Interests to the extent then held by the Administrative Agent as additional
Collateral hereunder), together with any cash then constituting the Collateral not then sold or
otherwise disposed of in accordance with the provisions hereof, and take such further actions at
the request of the Pledgors as may be necessary to effect the same.

     21. Additional Interests. If any Pledgor shall at any time acquire or hold any
additional Pledged Interests, including any Pledged Interests issued by any Subsidiary not listed
on Schedule I hereto which are required to be subject to a Lien pursuant to a Pledge
Agreement by the terms hereof or of any provision of the Revolving Credit Agreement (any such
shares being referred to herein as the “Additional Interests”), such Pledgor shall deliver
to the Administrative Agent for the benefit of the Revolving Secured Parties (i) a Pledge Agreement
Supplement in the form of Exhibit A hereto with respect to such Additional Interests duly
completed and executed by such Pledgor and (iii) any other document required in connection with
such Additional Interests as described in Section 2(c). Each Pledgor shall comply with the
requirements of this Section 21 concurrently with the acquisition of any such Additional
Interests or, in the case of Additional Interests to which Section 6.14 of the Revolving
Credit Agreement applies, within the time period specified in such Section or elsewhere in
the Revolving Credit Agreement with respect to such Additional Interests; provided,
however, that the failure to comply with the provisions of this Section 21 shall
not impair the Lien on Additional Interests conferred hereunder.

     22. Notices. Any notice required or permitted hereunder shall be given (a) with
respect to the Company and each Subsidiary which is a Pledgor hereunder, at the address of the
Company indicated in Schedule 10.02 of the Revolving Credit Agreement, (b) with respect to
the Administrative Agent or a Revolving Secured Party, at the Administrative Agent’s address
indicated in Schedule 10.02 of the Revolving Credit Agreement. All such addresses may be
modified, and all such notices shall be given and shall be effective, as provided in Section
10.02 of the Revolving Credit Agreement for the giving and effectiveness of notices and
modifications of addresses thereunder.

     23. Joinder. Each Person who shall at any time execute and deliver to the
Administrative Agent a Joinder Agreement and who is identified therein as a “Pledgor” shall
thereupon irrevocably, absolutely and unconditionally become a party hereto and obligated hereunder
as a Pledgor and shall have thereupon pursuant to Section 1 hereof granted a security
interest in and collaterally assigned and pledged to the Administrative Agent for the benefit of
the Revolving Secured Parties all Pledged Interests which it has at its Applicable Date or

13

 

thereafter acquires any interest or the power to transfer, and all references herein and in
the other Loan Documents to the Pledgors or to the parties to this Pledge Agreement shall be deemed
to include such Person as a Pledgor hereunder. Each such Joinder Agreement shall be accompanied by
the Supplemental Schedules referred to therein, appropriately completed with information relating
to the Pledgor executing such Joinder Agreement and its property. Each of the applicable Schedules
attached hereto shall be deemed amended and supplemented without further action by such information
reflected on the Supplemental Schedules to each such Joinder Agreement.

     24. Rules of Interpretation. The rules of interpretation contained in Sections
1.03 and 1.06 of the Revolving Credit Agreement shall be applicable to this Pledge
Agreement and each Joinder Agreement and are hereby incorporated by reference. All representations
and warranties contained herein shall survive the delivery of documents and any Credit Extensions
referred to herein or secured hereby.

     25. Governing Law; Waivers.

     (a) THIS PLEDGE AGREEMENT AND EACH JOINDER AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NORTH CAROLINA APPLICABLE TO
CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.

     (b) EACH PLEDGOR HEREBY EXPRESSLY AND IRREVOCABLY AGREES AND CONSENTS THAT ANY SUIT,
ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS PLEDGE AGREEMENT OR ANY JOINDER
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREIN OR THEREIN MAY BE INSTITUTED IN ANY STATE
OR FEDERAL COURT SITTING IN MECKLENBURG COUNTY, STATE OF NORTH CAROLINA, UNITED STATES OF
AMERICA AND, BY THE EXECUTION AND DELIVERY OF THIS PLEDGE AGREEMENT OR A JOINDER AGREEMENT,
EXPRESSLY WAIVES ANY OBJECTION THAT IT MAY HAVE NOW OR HEREAFTER TO THE LAYING OF THE VENUE
OR TO THE JURISDICTION OF ANY SUCH SUIT, ACTION OR PROCEEDING, AND IRREVOCABLY SUBMITS
GENERALLY AND UNCONDITIONALLY TO THE JURISDICTION OF ANY SUCH COURT IN ANY SUCH SUIT, ACTION
OR PROCEEDING.

     (c) EACH PLEDGOR AGREES THAT SERVICE OF PROCESS MAY BE MADE BY PERSONAL SERVICE OF A
COPY OF THE SUMMONS AND COMPLAINT OR OTHER LEGAL PROCESS IN ANY SUCH SUIT, ACTION OR
PROCEEDING, OR BY REGISTERED OR CERTIFIED MAIL (POSTAGE PREPAID) TO THE ADDRESS OF SUCH
PLEDGOR PROVIDED IN SECTION 22 OR BY ANY OTHER METHOD OF SERVICE PROVIDED FOR UNDER
THE APPLICABLE LAWS IN EFFECT IN THE STATE OF NORTH CAROLINA.

     (d) NOTHING CONTAINED IN SUBSECTIONS (b) OR (c) HEREOF SHALL PRECLUDE THE
ADMINISTRATIVE AGENT FROM BRINGING ANY

14

 

SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS PLEDGE AGREEMENT OR ANY
JOINDER AGREEMENT OR THE OTHER LOAN DOCUMENTS IN THE COURTS OF ANY PLACE WHERE ANY PLEDGOR
OR ANY OF SUCH PLEDGOR’S PROPERTY OR ASSETS MAY BE FOUND OR LOCATED. TO THE EXTENT
PERMITTED BY THE APPLICABLE LAWS OF ANY SUCH JURISDICTION, EACH PLEDGOR HEREBY IRREVOCABLY
SUBMITS TO THE JURISDICTION OF ANY SUCH COURT AND EXPRESSLY WAIVES, IN RESPECT OF ANY SUCH
SUIT, ACTION OR PROCEEDING, OBJECTION TO THE EXERCISE OF JURISDICTION OVER IT AND ITS
PROPERTY BY ANY SUCH OTHER COURT OR COURTS WHICH NOW OR HEREAFTER, BY REASON OF ITS PRESENT
OR FUTURE DOMICILE, OR OTHERWISE, MAY BE AVAILABLE UNDER APPLICABLE LAW.

     (e) IN ANY ACTION OR PROCEEDING TO ENFORCE OR DEFEND ANY RIGHTS OR REMEDIES UNDER OR
RELATED TO THIS PLEDGE AGREEMENT OR ANY JOINDER AGREEMENT OR ANY AMENDMENT, INSTRUMENT,
DOCUMENT OR AGREEMENT DELIVERED OR THAT MAY IN THE FUTURE BE DELIVERED IN CONNECTION WITH
THE FOREGOING, EACH PARTY HEREBY AGREES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, THAT ANY
SUCH ACTION, SUIT OR PROCEEDING SHALL BE TRIED BEFORE A COURT AND NOT BEFORE A JURY AND
HEREBY WAIVES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT SUCH PERSON MAY HAVE TO
TRIAL BY JURY IN ANY SUCH ACTION, SUIT OR PROCEEDING.

     (f) EACH PLEDGOR HEREBY EXPRESSLY WAIVES ANY OBJECTION IT MAY HAVE THAT ANY COURT TO
WHOSE JURISDICTION IT HAS SUBMITTED PURSUANT TO THE TERMS HEREOF IS AN INCONVENIENT FORUM.

     26. Amendment and Restatement. The parties hereto agree that the Existing Pledge
Agreement is hereby amended and restated in this Pledge Agreement, and this Pledge Agreement shall
constitute neither a release nor novation of any lien or security interest arising under the
Existing Pledge Agreement nor a refinancing of any indebtedness or obligations arising thereunder
or under the Existing Credit Agreement or related documents, but rather the liens and security
interests in effect under the Existing Pledge Agreement shall continue in effect on the terms
hereof.

[Signature Pages Follow.]

15

 

     IN WITNESS WHEREOF, the parties have duly executed this Pledge Agreement on the day and year
first written above.

	 	 	 	 	 	 	 

	 	 	PLEDGORS:

SONIC AUTOMOTIVE, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	\David P. Cosper\
 

David P. Cosper
	 	 
	 

	 	Title:
	 	Vice Chairman and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 
	 	 	FAA HOLDING CORP.

FIRSTAMERICA AUTOMOTIVE, INC.

L DEALERSHIP GROUP, INC.

SAI AL HC1, INC.

SAI FL HC3, INC.

SAI FL HC4, INC.

SAI FL HC7, INC.

SAI MD HC1, INC.

SAI OK HC1, INC.

SAI TN HC1, LLC

SAI TN HC2, LLC

SONIC — LS, LLC

SONIC — NEWSOME CHEVROLET WORLD, INC.

SONIC AUTOMOTIVE — 1720 MASON AVE., DB, INC.

SONIC AUTOMOTIVE OF NEVADA, INC.

SONIC AUTOMOTIVE WEST, LLC

SONIC OF TEXAS, INC.

SRE HOLDING, LLC

Z MANAGEMENT, INC.	 	 

	 	 	 	 	 	 	 

	 

	 	By:

Name:
	 	\David P. Cosper\
 

David P. Cosper
	 	 
	 

	 	Title:
	 	Vice President and Treasurer	 	 

SECOND AMENDED AND RESTATED SECURITIES PLEDGE AGREEMENT

Signature Page

 

 

	 	 	 	 	 	 	 	 	 

	 	 	PLEDGORS:	 	 	 	 
	 
	 	 	SAI GEORGIA, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	SONIC AUTOMOTIVE OF NEVADA, INC., 
as Sole Member
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:

Name:
	 	\David P. Cosper\
 

David P. Cosper
	 	 
	 

	 	 	 	Title:
	 	Vice President and Treasurer	 	 

	 	 	 	 	 	 	 	 	 	 	 

	 	 	SONIC PEACHTREE INDUSTRIAL BLVD., L.P.
	 
	 	 	By:	 	SAI GEORGIA, LLC, as Sole General Partner	 	 
	 
	 	 	 	 	By:	 	SONIC AUTOMOTIVE OF NEVADA, INC., 

as Sole Member
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:

Name:
	 	\David P. Cosper\
 

David P. Cosper
	 	  
	 

	 	 	 	 	 	Title:
	 	Vice President and Treasurer	 	 

SECOND AMENDED AND RESTATED SECURITIES PLEDGE AGREEMENT

Signature Page

 

 

	 	 	 	 	 	 	 

	 	 	ADMINISTRATIVE AGENT:

BANK OF AMERICA, N.A., as Administrative Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	\Anne M. Zeschke\
 

Anne M. Zeschke
	 	 
	 

	 	Title:
	 	Vice President	 	 

SECOND AMENDED AND RESTATED SECURITIES PLEDGE AGREEMENT

Signature Page

 

 

SCHEDULE I

Pledged Interests

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	FAA Holding Corp.
	 	L Dealership Group, Inc.	 	Common Stock	 	 	1,000	 	 	 	1,000	 	 	 	1,000	 	 	 	8	 	 	$	0.01	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Texas
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 151278900 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica Automotive, Inc.
	 	FAA Auto Factory, Inc.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2058910	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica Automotive, Inc.
	 	FAA Capitol N, Inc.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2054429	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica Automotive, Inc.
	 	FAA Dublin VWD, Inc.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2007571	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 1

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	FirstAmerica Automotive, Inc.
	 	FAA Dublin N, Inc.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2007600	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica Automotive, Inc.
	 	FAA Holding Corp.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2174202	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica Automotive, Inc.
	 	FAA Poway T, Inc.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2006232	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica Automotive, Inc.
	 	FAA Santa Monica V, Inc.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2165877	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica Automotive, Inc.
	 	FAA Torrance CPJ, Inc.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2165823	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 2

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	FirstAmerica Automotive, Inc.
	 	Sonic — Coast 

Cadillac, Inc.	 	Common Stock	 	 	100,000	 	 	 	10,000	 	 	 	10,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2124569	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L Dealership Group, Inc.
	 	Autobahn, Inc.	 	Common Stock	 	 	1,000,000	 	 	 	400,000	 	 	 	400,000	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C1548941	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	L Dealership Group, Inc.
	 	Stevens Creek 

Cadillac, Inc.	 	Common Stock 

(Class A)	 	 	750,000	 	 	 	230,000	 	 	 	230,000	 	 	 	10	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
Corporation
C1293380	 	Common Stock 

(Class B)	 	 	250,000	 	 	 	-0-	 	 	 	-0-	 	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI AL HC1, Inc.
	 	SAI Montgomery 

CH, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Alabama
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 428-747 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 3

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SAI AL HC1, Inc.
	 	SAI Montgomery BCH, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Alabama
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 428-745 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI FL HC3, Inc.
	 	SAI Orlando CS, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	L08000116711	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI FL HC4, Inc.
	 	SAI Fort Myers VW, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	L08000116709	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI FL HC7, Inc.
	 	SAI Fort Myers M, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	L98000002089	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 4

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SAI Georgia, LLC
	 	SAI GA HC1, LP	 	General Partner

Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Georgia

Limited Partnership
 0224680	 	Limited Partner
Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI Georgia, LLC
	 	Sonic Peachtree Industrial Blvd., L.P.	 	General Partner
Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Georgia
Limited Partnership
K739239	 	Limited Partner
Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI MD HC1, Inc.
	 	SAI Rockville Imports, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Maryland
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	W12796074	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI OK HC1, Inc.
	 	SAI Broken Arrow C, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Oklahoma
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 3512215667 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 5

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SAI OK HC1, Inc.
	 	SAI Oklahoma City C, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Oklahoma
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 3512215668 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI OK HC1, Inc.
	 	SAI Riverside C, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Oklahoma
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 3512215685 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI OK HC1, Inc.
	 	SAI Tulsa N, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Oklahoma
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 3512215684 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI TN HC1, LLC
	 	SAI Nashville CSH, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Tennessee
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0336183 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 6

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SAI TN HC1, LLC
	 	SAI Nashville M, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Tennessee
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0336182 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SAI TN HC2, LLC
	 	SAI Nashville Motors, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Tennessee
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0566970 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Arngar, Inc.	 	Common Stock	 	 	100,000	 	 	 	1,333	 	 	 	1,333	 	 	 	14	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	North Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0005612 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Avalon Ford, Inc.	 	Common Stock	 	 	10,000	 	 	 	4,164	 	 	 	4,164	 	 	 	17	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Delaware
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0896102 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Fort Mill Ford, Inc.	 	Common Stock	 	 	10,000	 	 	 	2,700	 	 	 	2,700	 	 	 	13	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	South Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 7

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Fort Myers Collision Center, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	L00000004315	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Massey Cadillac, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	5	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Tennessee 
Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0230052 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	SAI AL HC1, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Alabama
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	D/C 206-272	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	SAI Charlotte M, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	North Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0433486 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 8

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	SAI Columbus Motors, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Ohio
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	CP13127	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	SAI Columbus VWK, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Ohio
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	CP13130	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	SAI FL HC3, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	P98000064012	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	SAI FL HC4, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	P98000064009	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	SAI FL HC7, Inc.	 	Common Stock	 	 	500	 	 	 	500	 	 	 	500	 	 	 	22	 	 	$	1.00	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	F86660	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 9

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	SAI Santa Clara K, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	$	0.01	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C3335681	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Agency, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Michigan
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 35010C 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Automotive F&I, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Nevada
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	LLC8620-1999	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Automotive Support, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Nevada
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	LLC19412-2003	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 10

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic Automotive West, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Nevada
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	LLC9139-1999	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Automotive — 1720 Mason Ave., DB, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	P98000064005	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Automotive — 3700 West Broad Street, 	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	$	0.01	 	 	 	 	 
	 
	 	Columbus, Inc.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Ohio
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	CP13131	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Sonic Automotive, Inc.
	 	Sonic Automotive — 4000 West Broad Street, 	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	$	0.01	 	 	 	 	 
	 
	 	Columbus, Inc.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Ohio
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	CP13126	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 11

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic Automotive — 6008 N. Dale Mabry, FL, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	P98000084876	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Calabasas M, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2975101	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Calabasas V, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2501983	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic—Capitol Cadillac, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Michigan
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 26619C 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic—Capitol Imports, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	South Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 12

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic — Carson F, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2375909	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Carson LM, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2375100	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Development, LLC
	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	North Carolina 
Limited Liability	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0483658 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Divisional Operations, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Nevada
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	LLC26157-2004	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 13

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic — Downey Cadillac, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2375896	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Sonic Automotive, Inc.
	 	Sonic — Englewood M, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 20021021611 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Fremont, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2935225	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Las Vegas C East, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Nevada
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	LLC7435-2000	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 14

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic — Las Vegas C West, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Nevada
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	LLC7434-2000	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Lloyd Nissan, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	P99000014918	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Lloyd Pontiac —	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	Cadillac, Inc.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	P99000014911	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Lone Tree Cadillac, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Colorado
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 20021021609 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 15

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic — Massey Chevrolet, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2375359	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Newsome Chevrolet World, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	South Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — North Charleston Dodge, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	South Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic of Texas, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Texas
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 150782300 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Plymouth Cadillac, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Michigan
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 26618C 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 16

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic Resources, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 
	 	Nevada
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C24652-2001	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — Sanford Cadillac, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	P02000010148	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Santa Monica M, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2727452	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic—Serramonte I, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2469221	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Santa Monica S, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2788444	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 17

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic—Saturn of Silicon Valley, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2547838	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic—Volvo LV, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Nevada
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	LLC6829-1999	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Walnut Creek M, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	2	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2508517	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic — West Covina T, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2356455	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 18

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive, Inc.
	 	Sonic — Williams Cadillac, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Alabama
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	D/C 199-219	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Sonic Wilshire Cadillac, Inc.	 	Common Stock	 	 	1,000	 	 	 	100	 	 	 	100	 	 	 	1	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	C2882071	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	SRE Holding, LLC	 	LLC Intereset	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	North Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0551475 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Town and Country Ford, Incorporated	 	Common Stock	 	 	2,000	 	 	 	471.25	 	 	 	471.25	 	 	 	75	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	North Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0148959 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.
	 	Z Management, Inc.	 	Common Stock	 	 	500,000	 	 	 	30,000	 	 	 	30,000	 	 	 	3	 	 	$	10.00	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Colorado
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 19911043768 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 19

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive of Nevada, Inc.
	 	SAI Georgia, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Georgia
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 08094603 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	SAI TN HC1, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Tennessee
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0336184 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	SAI TN HC2, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Tennessee
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0336185 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	SAI TN HC3, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Tennessee
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0336184 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 20

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Automotive — 1720 Mason Ave., DB, Inc.
	 	Sonic Automotive — 1720 Mason Ave., DB, LLC	 	LLC Interest (Units)	 	 	100	 	 	 	100	 	 	 	100	 	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	L98000001576	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic — LS, LLC
	 	Sonic — LS Chevrolet, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	.10	%	 	 	.10	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive West, LLC
	 	Texas
Limited Partnership

 11958210 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.90	%	 	 	99.90	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic — Newsome Chevrolet World, Inc.
	 	ADI of the Southeast, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	South Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic Advantage PA, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas

Limited Partnership
 800235623 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 21

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic of Texas, Inc.
	 	Sonic Automotive of Texas, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 11324210 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.

	 	Sonic Automotive — 3401 N. Main, TX, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	Sonic Automotive of Nevada, Inc.
	 	Texas 
Limited Partnership
 11376510 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic Automotive — 4701 I-10 East, TX, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 11345010 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 22

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic of Texas, Inc.
	 	Sonic — Cadillac D, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
  800061917 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic — Camp Ford, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 12312610 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic — Carrollton V, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 13894610 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.

	 	Sonic—Clear Lake Volkswagen, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800207889 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 23

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic of Texas, Inc.

	 	Sonic — Frank Parra Autoplex, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800079059 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic Houston JLR, LP	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800735509 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic Houston LR, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800236309 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic — Houston V, L.P	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 15286810 
	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 24

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic of Texas, Inc.

	 	Sonic—Jersey Village Volkswagen, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800207902 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic — LS, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Delaware
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 3440418 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Sonic of Texas, Inc.
	 	Sonic Momentum JVP, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800235475 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic Momentum VWA, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800207910 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 25

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic of Texas, Inc.
	 	Sonic — Richardson F, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 14037410 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	Sonic — University Park A, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 13748310 	 	Limited Partner Interest	 	 	N/A	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	SRE Texas—1, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 13523310 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	SRE Texas—2, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 13523410 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	SRE Texas—3, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 13523510 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 26

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic of Texas, Inc.
	 	SRE Texas—4, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800048705 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Sonic of Texas, Inc.
	 	SRE Texas — 5, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800048740 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 		 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	SRE Texas—6, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800048741 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	SRE Texas — 7, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800048742 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.
	 	SRE Texas—8, L.P.	 	General Partner Interest	 	 	N/A	 	 	 	1.00	%	 	 	1.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.
	 	Texas
Limited Partnership
 800048743 	 	Limited Partner Interest	 	 	 	 	 	 	99.00	%	 	 	99.00	%	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 27

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	Sonic Peachtree Industrial Blvd., L.P.
	 	Sonic Automotive  5260 Peachtree	 	LLC Interest (Units)	 	 	100	 	 	 	100	 	 	 	100	 	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	Industrial Blvd., LLC	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Georgia
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	K734665	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	AnTrev, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	North Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0659676 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE Alabama — 2, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Alabama
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 670-275 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE Alabama—5, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Alabama
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	DLL691-622	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 28

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SRE Holding, LLC
	 	SRE California — 1, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 200202910110 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE California—2, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 200202910111 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE California — 3, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 200202810141 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE California — 4, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 200202810144 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 29

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SRE Holding, LLC
	 	SRE California — 5, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 

Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 200203110006 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE California — 7 SCB, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 201033410181 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE California — 8 SCH, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	California
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 201033510021 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE Colorado — 1, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Colorado
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 20021330518 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 30

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SRE Holding, LLC
	 	SRE Florida—1, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	L00000006050	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE Florida—2, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Florida
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	L00000006045	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE Oklahoma—1, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Oklahoma
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 3500697104 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE Oklahoma — 2, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Oklahoma
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 3500697105 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 31

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SRE Holding, LLC
	 	SRE Oklahoma—5, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Oklahoma
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 3500697108 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE South Carolina — 2, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	South Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE South Carolina—3, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	South Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability
 Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE South Carolina — 4, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	South Carolina
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability 
Company	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 32

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Total	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name, Jurisdiction	 	 	 	Total Amount of	 	 	Amount	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	of Formation and	 	 	 	Class or Type of	 	 	of Class	 	 	Total	 	 	Certificate	 	 	Par Value	 	 	Name of	 
	Name of	 	Type of Entity of	 	Class or Type of	 	Pledged Interests	 	 	or Type	 	 	Amount	 	 	Number (if	 	 	(if	 	 	Transfer	 
	Pledgor	 	Pledged Subsidiary	 	Pledged Interest	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	Agent (if any)	 
	SRE Holding, LLC
	 	SRE Tennessee — 4, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Tennessee
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 0450279 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	SRE Holding, LLC
	 	SRE Virginia — 1, LLC	 	LLC Interest	 	 	N/A	 	 	 	100.00	%	 	 	100.00	%	 	 	N/A	 	 	 	N/A	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Virginia
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Limited Liability Company
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 5050246-0 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Z Management, Inc.
	 	Mountain States Motors Co., Inc.	 	Common Stock	 	 	500,000	 	 	 	30,000	 	 	 	30,000	 	 	 	1	 	 	$	10.00	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Colorado
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	Corporation
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 19911043766 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Schedule I - Page 33

 

SCHEDULE II

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Jurisdiction of
	 	 	 	 	Jurisdiction of	 	Formation
	 	 	Type of	 	Formation	 	Identification
	Name and Address of Pledgor	 	Person	 	of Pledgor	 	Number
	FAA Holding Corp.

	 	Corporation
	 	California
	 	 	C2174202	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	FirstAmerica Automotive, Inc.

	 	Corporation
	 	Delaware
	 	 	2761294	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	L Dealership Group, Inc.

	 	Corporation
	 	Texas
	 	 	151278900	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	SAI AL HC1, Inc.

	 	Corporation
	 	Alabama
	 	 	206-272	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	SAI FL HC3, Inc.

	 	Corporation
	 	Florida
	 	P	98000064012	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	SAI FL HC4, Inc.

	 	Corporation
	 	Florida
	 	P	98000064009	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	SAI FL HC7, Inc.

	 	Corporation
	 	Florida
	 	 	F86660	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	SAI Georgia, LLC

	 	Limited 

Liability
	 	Georgia
	 	 	08094603	 
	6415 Idlewild Road, Suite 109

	 	Company	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	SAI MD HC1, Inc.

	 	Corporation
	 	Maryland
	 	 	D05310776	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	SAI OK HC1, Inc.

	 	Corporation
	 	Oklahoma
	 	 	1900632183	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 

Schedule II - Page 1

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Jurisdiction of
	 	 	 	 	Jurisdiction of	 	Formation
	 	 	Type of	 	Formation	 	Identification
	Name and Address of Pledgor	 	Person	 	of Pledgor	 	Number
	SAI TN HC1, LLC
6415 Idlewild Road, Suite 109

Charlotte, NC 28212

	 	Limited 
Liability
Company
	 	Tennessee
	 	 	0336184	 
	 
	 	 	 	 	 	 	 	 
	SAI TN HC2, LLC

6415 Idlewild Road, Suite 109
Charlotte, NC 28212

	 	Limited 
Liability

Company
	 	Tennessee
	 	 	0336185	 
	 
	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	Corporation
	 	Delaware
	 	 	2714319	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.

	 	Corporation
	 	Nevada
	 	 	C18014-1997	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Sonic Automotive — 1720 Mason Ave., DB, Inc.

	 	Corporation
	 	Florida
	 	P	98000064005	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Sonic Automotive West, LLC

	 	Corporation
	 	Nevada
	 	LLC9139-1999

	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Sonic — LS, LLC

6415 Idlewild Road, Suite 109

Charlotte, NC 28212

	 	Limited 

Liability
Company
	 	Delaware
	 	 	3440418	 
	 
	 	 	 	 	 	 	 	 
	Sonic — Newsome Chevrolet World, Inc.

	 	Corporation
	 	South Carolina
	 	 	N/A	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.

	 	Corporation
	 	Texas
	 	 	150782300	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Sonic Peachtree Industrial Blvd., L.P.

6415 Idlewild Road, Suite 109

Charlotte, NC 28212

	 	Limited 

Partnership
	 	Georgia
	 	 	K739239	 
	 
	 	 	 	 	 	 	 	 
	SRE Holding, LLC

6415 Idlewild Road, Suite 109

Charlotte, NC 28212

	 	Limited 

Liability

Company
	 	North Carolina
	 	 	0551475	 

Schedule II - Page 2

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Jurisdiction of
	 	 	 	 	Jurisdiction of	 	Formation
	 	 	Type of	 	Formation	 	Identification
	Name and Address of Pledgor	 	Person	 	of Pledgor	 	Number
	Z Management, Inc.

	 	Corporation
	 	Colorado
	 	 	19911043768	 
	6415 Idlewild Road, Suite 109
	 	 	 	 	 	 	 	 
	Charlotte, NC 28212
	 	 	 	 	 	 	 	 

Schedule II - Page 3

 

EXHIBIT A

PLEDGE AGREEMENT SUPPLEMENT

THIS PLEDGE AGREEMENT SUPPLEMENT (as from time to time amended, revised, modified, supplemented or
amended and restated, this “Supplement”), dated as of ________________ __, ____ is made by
_____________________, a ________________ (the “Pledgor”), in favor of BANK OF AMERICA,
N.A., in its capacity as Administrative Agent (the “Administrative Agent”) for the
Revolving Secured Parties (as defined in the Pledge Agreement referenced below) now or hereafter
party to the Revolving Credit Agreement (as defined in the Pledge Agreement referred to below).
All capitalized terms used but not defined herein shall have the meanings given to such terms in
such Pledge Agreement.

RECITALS:

     A. The Pledgor is required under the terms of that certain Second Amended and Restated
Securities Pledge Agreement dated as of July [__], 2011 executed by the Pledgor (among others), or
to which the Pledgor has been joined as a party pursuant to a Joinder Agreement, in favor of the
Administrative Agent for the benefit of the Revolving Secured Parties (as from time to time
amended, revised, modified, supplemented or amended and restated, the “Pledge Agreement”),
to cause certain Pledged Interests held by it and listed on Annex A to this Supplement (the
“Additional Interests”) to be specifically identified as subject to the Pledge Agreement.

     B. A material part of the consideration given in connection with and as an inducement to the
execution and delivery of the Revolving Credit Agreement by the Revolving Secured Parties was the
obligation of the Pledgor to pledge to the Administrative Agent for the benefit of the Revolving
Secured Parties the Additional Interests, whether then owned or subsequently acquired or created

     C. The Pledgor has acquired rights in the Additional Interests and desires to pledge, and
evidence its prior pledge, to the Administrative Agent for the benefit of the Revolving Secured
Parties all of the Additional Interests in accordance with the terms of the Revolving Credit
Agreement and the Pledge Agreement.

     In order to induce the Revolving Secured Parties to from time to time make and maintain
extensions of credit under the Revolving Credit Agreement, Related Swap Contracts and Related Cash
Management Arrangements, the Pledgor hereby agrees as follows:

     1. Affirmations. The Pledgor hereby reaffirms and acknowledges the pledge and collateral
assignment to, and the grant of security interest in, the Additional Interests contained in the
Pledge Agreement and pledges and collaterally assigns to the Administrative Agent for the benefit
of the Revolving Secured Parties, and grants to the Administrative Agent for the benefit of the
Revolving Secured Parties a first priority lien and security interest in, the Additional Interests
and all of the following:

Exhibit A - Page 1

 

 

     (a) all money, securities, security entitlements and other investment property,
dividends, rights, general intangibles and other property at any time and from time to time
(x) declared or distributed in respect of or in exchange for or on conversion of any or all
of the Additional Interests or (y) by its or their terms exchangeable or exercisable for or
convertible into any Additional Interest or other Pledged Interest;

     (b) all other property of whatever character or description, including money,
securities, security entitlements and other investment property, and general intangibles
hereafter delivered to the Administrative Agent in substitution for or as an addition to any
of the foregoing;

     (c) all securities accounts to which may at any time be credited any or all of the
foregoing or any proceeds thereof and all certificates and instruments representing or
evidencing any of the foregoing or any proceeds thereof; and

     (d) all proceeds of any of the foregoing.

The Pledgor hereby acknowledges, agrees and confirms by its execution of this Supplement that the
Additional Interests constitute “Pledged Interests” under and are subject to the Pledge Agreement,
and the items of property referred to in clauses (a) through (d) above (the “Additional
Collateral”) shall collectively constitute “Collateral” under and are subject to the Pledge
Agreement. Each of the representations and warranties with respect to Pledged Interests and
Collateral contained in the Pledge Agreement is hereby made by the Pledgor with respect to the
Additional Interests and the Additional Collateral, respectively. The Pledgor further represents
and warrants that Annex A attached to this Supplement contains a true, correct and complete
description of the Additional Interests, and that all other documents required to be furnished to
the Administrative Agent pursuant to Section 2(c) of the Pledge Agreement in connection
with the Additional Collateral have been delivered or are being delivered simultaneously herewith
to the Administrative Agent. The Pledgor further acknowledges that Schedule I to the
Pledge Agreement shall be deemed, as to it, to be supplemented as of the date hereof to include the
Additional Interests as described on Annex A to this Supplement.

     2. Counterparts. This Pledge Agreement Supplement may be executed in any number of
counterparts each of which when so executed and delivered shall be deemed an original, and it shall
not be necessary in making proof of this Pledge Agreement Supplement to produce or account for more
than one such counterpart executed by the Pledgor. Without limiting the foregoing provisions of
this Section 2, the provisions of Section 10.10 of the Revolving Credit Agreement
shall be applicable to this Pledge Agreement.

     3. Governing Law; Venue; Waiver of Jury Trial. The provisions of Section 25
of the Pledge Agreement are hereby incorporated by reference as if fully set forth herein.

Exhibit A - Page 2

 

 

     IN WITNESS WHEREOF, the Pledgor has caused this Supplement to be duly executed by it’s
authorized officer as of the day and year first above written.

	 	 	 	 	 	 	 

	 

	 	PLEDGOR:
	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 

Exhibit A - Page 3

 

 

ANNEX A

(to Pledge Agreement Supplement of __________ dated __________)

Additional Interests

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Name,	 	 	 	 	 	 	Total Amount	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Jurisdiction of	 	 	 	 	 	 	of Class or	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Formation and	 	 	 	 	 	 	Type of	 	 	Total Amount	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Type of Entity	 	 	Class or Type	 	 	Additional	 	 	of Class or	 	 	 	 	 	 	Certificate	 	 	 	 	 	 	Name of	 
	Name of	 	of Pledged	 	 	of Additional	 	 	Interests	 	 	Type	 	 	Total Amount	 	 	Number (if	 	 	Par Value (if	 	 	Transfer Agent	 
	Pledgor	 	Subsidiary	 	 	Interest	 	 	Authorized	 	 	Outstanding	 	 	Pledged	 	 	applicable)	 	 	applicable)	 	 	(if any)	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Exhibit A - Page 4exv10w15

Exhibit 10.15

SECOND AMENDED AND RESTATED

ESCROW AND SECURITY AGREEMENT

     THIS SECOND AMENDED AND RESTATED ESCROW AND SECURITY AGREEMENT (this “Agreement”) is
made and entered into as of July 8, 2011 among SONIC AUTOMOTIVE, INC., a Delaware corporation (the
“Company” and a “Grantor”), EACH OF THE UNDERSIGNED SUBSIDIARIES OF THE COMPANY AND
EACH OTHER PERSON WHO SHALL BECOME A PARTY HERETO BY EXECUTION OF A JOINDER AGREEMENT (each a
“Grantor”, and collectively with the Company, the “Grantors”), and BANK OF AMERICA,
N.A., a national banking association, as Administrative Agent (the “Administrative Agent”)
for each of the lenders (the “Lenders”) now or hereafter party to the Revolving Credit
Agreement defined below (collectively with the Administrative Agent, and certain other Persons
parties to Related Swap Contracts and Secured Cash Management Arrangements as more particularly
described in Section 4.17 hereof, the “Revolving Secured Parties”). All
capitalized terms used but not otherwise defined herein shall have the respective meanings assigned
thereto in the Revolving Credit Agreement.

WITNESSETH:

     WHEREAS, the Company, certain of the Lenders (the “Existing Lenders”) and the
Administrative Agent entered into that certain Amended and Restated Credit Agreement dated January
15, 2010 (as amended prior to (but excluding) the date hereof, the “Existing Credit
Agreement”), pursuant to which certain of the Existing Lenders agreed to make available to the
Company a revolving credit facility, including a letter of credit subfacility and a swingline
subfacility; and

     WHEREAS, the Company and certain Subsidiaries of the Company (the “Existing Grantors”)
entered into an Amended and Restated Escrow and Security Agreement dated as of January 15, 2010 (as
amended prior to (but excluding) the date hereof, the “Existing Escrow and Security
Agreement”), pursuant to which the Existing Grantors have secured their obligations arising
under the Existing Credit Agreement; and

     WHEREAS, the Company has requested that the Existing Credit Agreement be amended and restated
in order to, among other things, (a) extend the maturity date of the revolving credit facility
provided therein, (b) increase the maximum aggregate amount of the revolving credit facility
provided therein to $175,000,000, and (c) make certain other amendments to the Existing Credit
Agreement on the terms and conditions set forth in that certain Second Amended and Restated Credit
Agreement dated as of the date hereof (as amended, restated, supplemented or otherwise modified
from time to time, the “Revolving Credit Agreement”) among the Company, the Administrative
Agent and the Lenders;

     WHEREAS, the Administrative Agent and the Lenders have agreed to enter into the Revolving
Credit Agreement, subject to, among other things, a condition that the parties amend and restate
the Existing Escrow and Security Agreement as provided herein; and

     WHEREAS, each Grantor will materially benefit from the Loans to be made, and the Letters of
Credit to be issued, under the Revolving Credit Agreement, and each Grantor (other

 

 

than the
Company) is a party (as signatory or by joinder) to the Subsidiary Guaranty pursuant to which such
Grantor guarantees the Obligations of the Company and the other Subsidiaries;

     WHEREAS, in order to induce the Revolving Secured Parties to enter into the Loan Documents and
to make Loans and issue Letters of Credit, each Grantor has agreed to make all shares of capital
stock or Equity Interests of the Subsidiaries described on Schedule I (as such schedule may
be supplemented from time to time) (collectively, the “Escrow Subsidiaries”) of the
respective Grantor subject to the terms and provisions of this Agreement;

     WHEREAS, the Equity Interests in the Escrow Subsidiaries are not permitted to be pledged under
the terms of the applicable Franchise Agreements, Framework Agreements, similar manufacturer
agreements or indebtedness agreements of such Escrow Subsidiaries (the “Restricted Equity
Interests”);

     WHEREAS, in lieu of a pledge by the Grantors to the Administrative Agent of the Restricted
Equity Interests, the Grantors shall grant a security interest in certain Disposition Proceeds (as
defined below) of such Restricted Equity Interests;

     WHEREAS, to further protect the Revolving Secured Parties, the Grantors will continue to
deliver the Escrowed Shares (as defined below) into escrow to be held in accordance with this
Agreement;

     WHEREAS, as collateral security for payment and performance of the Obligations and the
obligations and liabilities of any Loan Party now existing or hereafter arising under Related Swap
Contracts and Secured Cash Management Arrangements, each Grantor is willing to grant to the
Administrative Agent for the benefit of the Revolving Secured Parties a security interest in
certain of its personal property and assets pursuant to the terms of this Agreement;

     WHEREAS, the Revolving Secured Parties are unwilling to make available or maintain the credit
facilities under the Revolving Credit Agreement unless the Company and each other Grantor enter
into this Agreement;

     NOW, THEREFORE, in order to induce (i) the Lenders to amend and restate the Existing Credit
Agreement and (ii) the Revolving Secured Parties to enter into the Loan Documents and to make or
maintain the credit facilities provided for therein available to or for the account of the Company
and in consideration of the promises and the mutual covenants contained herein, the parties hereto
agree that the Existing Escrow and Security Agreement is hereby amended and restated as follows:

ARTICLE I

ESCROW

     1.1 Escrow. Upon the terms hereof, each Grantor hereby delivers to the Administrative
Agent, in escrow (the “Escrow”) all of the issued and outstanding certificated
shares of capital stock or other Equity Interests now or hereafter owned by such Grantor
described on Schedule I attached hereto and incorporated herein, as Schedule I may
be amended

2

 

or supplemented from time to time (collectively, the “Escrowed Shares”). In
addition, each Grantor hereby agrees to deliver to the Administrative Agent, in escrow, any
Restricted Disposition Proceeds (as defined below) as and when received by the Grantor in respect
of such Escrowed Shares.

     1.2 Terms of Escrow. (a) The parties hereby appoint the Administrative Agent as
escrow agent in accordance with the terms and conditions set forth herein, and the Escrow Agent
hereby accepts such appointment as escrow agent.

          (b) The Administrative Agent shall disburse all or any part of the Escrowed Shares as follows:
any time the Administrative Agent receives (i) a written notification executed by a Grantor (or
such Grantor’s successor interest to the Escrowed Shares), advising the Administrative Agent of a
proposed Disposition (as defined below) of Escrowed Shares or other Restricted Disposition
Proceeds, (ii) (subject to Section 4.5(a)(iii)) all Disposition Proceeds (as herein
defined) paid or payable to Grantors in respect of such Escrowed Shares and, (iii) if other than
cash, duly executed instruments of assignment and delivery, the Administrative Agent shall
immediately release such portion of the Escrowed Shares, subject as herein provided, as is
specified in such written notice to the Persons specified in such written notice.

          (c) The Administrative Agent shall not be responsible for the sufficiency or accuracy of the
form of, or the execution, validity, value or genuineness of, any document or property received,
held or delivered by it hereunder, or of any signature or endorsement thereon, or for any lack of
endorsement thereon, or for any description therein, nor shall the Administrative Agent be
responsible or liable to the other parties hereto or to anyone else in any respect on account of
the identity, authority, or rights of the Persons executing or delivering or purporting to execute
or deliver any document or property or this Agreement.

          (d) (i) In its capacity as escrow agent, the Administrative Agent shall have no duties or
responsibilities other than those expressly set forth herein and except as expressly set forth
herein, shall have no duty to enforce any obligation of any Person, to make any payment or delivery
of Disposition Proceeds, or to direct or cause any payment or delivery thereof, or to direct or
cause any payment or delivery thereof to be made, or to enforce any obligation of any Person to
perform any other act. The Administrative Agent shall be under no liability to any Person by
reason of any failure on the part of any other Person to perform such Person’s obligations under
any agreement involving or relating in any way to the Escrowed Shares or the disposition thereof by
the Grantors. Except as provided in Section 1.2(b), the Administrative Agent shall not be
obligated to recognize any agreement between any or all of the Grantors and any other Persons.

          (ii) The Administrative Agent shall not be liable to the Grantors or to any other Person
for any action taken or omitted by it in good faith and in the exercise of its own best
judgment. The Administrative Agent may rely conclusively and shall be protected in acting
upon any order, notice, demand, certificate, opinion or advice of counsel (including counsel
chosen by the Administrative Agent), statement, instrument, report or other paper or
document (not only as to its due execution and the validity and
effectiveness of its provisions, but as to the acceptability and reliability of any

3

 

information therein contained) which is believed by the Administrative Agent to be genuine
and to be signed or presented by the proper Person or Persons.

          (e) The Grantors shall pay all income, withholding and any other taxes imposed on or measured
by income which are attributable to income from the Escrowed Shares and the Disposition Proceeds
for the time all or any part thereof are held in escrow hereunder, and shall file all tax and
information returns applicable thereto. To the extent that the Administrative Agent becomes liable
for the payment of taxes, including withholding taxes, in respect of income derived from the
Escrowed Shares and Disposition Proceeds, the Administrative Agent may but shall not be obligated
to pay such taxes. The Administrative Agent may withhold or offset from any amount payable by the
Administrative Agent to the Grantors such amount as the Administrative Agent determines in its sole
discretion to be sufficient to provide for the payment of such taxes; alternately any such amount
paid by the Administrative Agent shall become a part of the Obligations. In addition, the
Administrative Agent shall be indemnified and held harmless by the Grantors from and against any
liability for such taxes and for any penalties or interest in respect of taxes on such investment
income or payments in the manner provided in subparagraph (k) below.

          (f) The Administrative Agent is acting as an escrow agent only with respect to the Escrowed
Shares and related Restricted Disposition Proceeds (as defined below). If any dispute arises as to
whether the Administrative Agent is obligated to deliver the Escrowed Shares or as to whom the
Escrowed Shares are to be delivered, the Administrative Agent shall not be required to make any
delivery, but in such event the Administrative Agent may hold the Escrowed Shares until receipt by
the Administrative Agent of the Disposition Proceeds and (i) instructions in writing, signed by all
parties which have, or claim to have, an interest in the Escrowed Shares, directing the disposition
of the Escrowed Shares, or (ii) in the absence of such writing, a final judgment from a court of
competent jurisdiction or final binding arbitration award providing for the disposition of the
Escrowed Shares.

          (g) The Administrative Agent shall be entitled to reimbursement from the Grantors for all
expenses paid or incurred by the Administrative Agent in the administration of its duties
hereunder, including, but not limited to, all attorneys’ fees, advisors’ and consultants’ fees and
disbursements and all taxes or other governmental charges.

          (h) The Administrative Agent may resign as escrow agent at any time and be discharged from its
duties as escrow agent hereunder by giving the Grantors at least 30 days’ notice thereof. As soon
as practicable after its resignation, the Administrative Agent shall turn over to a successor
escrow agent appointed by it and the Grantors all Escrowed Shares held hereunder upon presentation
of a document appointing the new escrow agent and its acceptance thereof. If no new escrow agent
is so appointed within the 60-day period following such notice of resignation, the Administrative
Agent may deposit the Escrowed Shares with any court it deems appropriate.

          (i) From time to time on and after the date hereof, including without limitation concurrently
with the delivery of a written notice as provided in Section 1.02(b), the Grantors shall
deliver or cause to be delivered to the Administrative Agent such further
documents and instruments and shall do and cause to be done such further acts as the

4

 

Administrative Agent shall reasonably request to carry out more effectively the provisions and
purposes of this Agreement, to evidence compliance herewith or to assure itself that it is
protected in acting hereunder.

          (j) It is agreed that the Grantor shall retain all rights to dividends, all rights to vote and
all other rights in respect of ownership of the Escrowed Shares, subject only to the Security
Interest in the Disposition Proceeds Collateral (each as defined below); provided, that any
certificated Restricted Equity Interests received as a dividend or other distribution in respect of
Escrowed Shares shall be delivered to the Administrative Agent in escrow to be held pursuant to the
terms of this Agreement.

          (k) EACH GRANTOR SHALL AND DOES HEREBY JOINTLY AND SEVERALLY INDEMNIFY AND HOLD THE
ADMINISTRATIVE AGENT AND EACH OF THE LENDERS AND OTHER REVOLVING SECURED PARTIES AND THEIR
RESPECTIVE SHAREHOLDERS, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, ATTORNEYS-IN-FACT AND AFFILIATES
(EACH AN “INDEMNITEE” AND COLLECTIVELY, THE “INDEMN1TEES”) HARMLESS FROM AND AGAINST ANY AND ALL
CLAIMS, DEMANDS, COSTS, DAMAGES, JUDGMENTS, ATTORNEYS FEES, EXPENSES, OBLIGATIONS AND LIABILITIES
OF ANY KIND OR NATURE INCLUDING REASONABLE ATTORNEYS FEES AND EXPENSES INCURRED IN CONNECTION
THEREWITH (“LIABILITIES”) WHICH ANY INDEMNITEE INCURS OR SUSTAINS, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE SERVICES OF THE ADMINISTRATIVE AGENT
HEREUNDER, THE ACTIONS OR OMISSIONS OF ANY INDEMNITEE IN CONNECTION WITH THIS AGREEMENT, THE
ESCROWED SHARES AND/OR THE DISPOSITION PROCEEDS HELD BY THE ADMINISTRATIVE AGENT HEREUNDER OR ANY
INCOME EARNED THEREFROM INCLUDING, WITHOUT LIMITATION, LIABILITIES WHICH ARISE IN WHOLE OR IN PART
FROM THE NEGLIGENCE, WHETHER SOLE OR CONCURRENT ON THE PART OF ANY INDEMNITEE BUT EXPRESSLY
EXCLUDING THEREFROM THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY SUCH INDEMNITEE. THE
FOREGOING INDEMNITY SHALL SURVIVE SATISFACTION OF THE OBLIGATIONS AND TERMINATION OF THIS
AGREEMENT.

ARTICLE II

GRANT OF SECURITY INTEREST

     2.1 Assignment and Grant of Security. Each Grantor hereby grants as collateral
security for the payment, performance and satisfaction of all of its Obligations and the
obligations and liabilities of any Loan Party now existing or hereafter arising under Related Swap
Contracts and Secured Cash Management Arrangements (such Obligations, obligations and liabilities
referred to collectively as the “Secured Obligations”), to the Administrative Agent for the
benefit of the Revolving Secured Parties a continuing first priority security interest in and to,
and collaterally assigns to the Administrative Agent for the benefit of the Revolving Secured
Parties (collectively, the “Security Interest”) all rights, titles and interests which
such Grantor

5

 

now has or at any time in the future may acquire in the following (collectively, the
“Disposition Proceeds”): (i) all purchase and sale agreements relating to any of the
Restricted Equity Interests and all rights to secure payment thereunder; (ii) the net cash proceeds
and all securities, general intangibles, contract rights, or any other proceeds whatsoever (other
than shares of a Subsidiary which the Grantor is not obligated to pledge) which are received or
from time to time receivable or otherwise distributed in respect of the transfer, sale, assignment,
conveyance or other disposition of any kind (each, a “Disposition”) of the Escrowed Shares
or other Restricted Equity Interests and any other property substituted or exchanged therefor
(other than Restricted Disposition Proceeds (as hereinafter defined) and other shares of a
Subsidiary which the Grantor is not obligated to pledge) including without limitation proceeds from
any foreclosure sale or any other forced sale or liquidation or any sale or disposition arising or
occurring pursuant to a plan in bankruptcy; and (iii) any and all proceeds or other sums payable
and/or distributable with respect to, all or any of the Escrowed Shares or other Restricted Equity
Interests and the other interests described in the preceding clauses (i), (ii) and (iii) hereof.
Disposition Proceeds which constitute Restricted Equity Interests shall be referred to herein as
“Restricted Disposition Proceeds” and shall not be included within the property subject to
the Security Interest. The Disposition Proceeds subject to the Security Interest are referred to
herein as the “Disposition Proceeds Collateral”.

     2.2 Delivery of Disposition Proceeds. Upon any Disposition of all or a part of the
Escrowed Shares or other Restricted Equity Interests (including without limitation any foreclosure
sale, any other forced sale or any sale or disposition arising or occurring pursuant to a plan in
bankruptcy), subject to Section 4.5(a)(iii), the Grantors shall deliver to the
Administrative Agent the Disposition Proceeds, including (with respect to any certificated
Disposition Proceeds) duly executed instruments of transfer, all in form and substance satisfactory
to the Administrative Agent. The term “certificated” when used with the term “Disposition
Proceeds” shall mean any such Disposition Proceeds which are evidenced or represented by a note,
certificate, instrument, chattel paper or other written evidence of ownership or entitlement. All
Restricted Disposition Proceeds shall be held by the Administrative Agent as part of the Escrow.
All Disposition Proceeds Collateral shall be held by the Administrative Agent in its capacity as
Administrative Agent under the Loan Documents and the Administrative Agent shall be deemed to have
possession thereof for purposes of perfecting the Security Interest in any such property.

ARTICLE III

REPRESENTATIONS AND WARRANTIES 

     3.1 Representations and Warranties. Each Grantor represents and warrants as follows:

          (a) This Agreement and the grant of the Security Interest pursuant hereto creates a valid
first priority security interest in the Disposition Proceeds securing the payment of the
Obligations, and upon taking possession thereof, the filing of financing statements in accordance
with the UCC, and/or any other necessary actions to perfect such security interest, such first
priority security interest in such Disposition Proceeds will be duly perfected; and all

6

 

filings and other actions necessary or desirable to perfect and protect such security interest
and such priority have been duly taken (or will be taken).

          (b) No consent of any other Person and no authorization, approval or other action by, and no
notice to or filing with, any Governmental Authority is required (i) for the grant by Grantors of
the Security Interest in the Disposition Proceeds or for the execution, delivery, performance or
enforceability of this Agreement by the Grantors, (ii) for the perfection or maintenance of the
Security Interest in the Disposition Proceeds created hereby (including the first priority nature
of such Security Interest) except for the taking of possession thereof, the UCC filings or any
other action required by the UCC or other applicable perfection statutes, or (iii) for the exercise
by the Administrative Agent or any Revolving Secured Party of the rights provided for in this
Agreement or the remedies in respect of the Disposition Proceeds pursuant to this Agreement.

          (c) The Grantors are, individually or collectively, as applicable, the legal and beneficial
owners of the Escrowed Shares and other Restricted Equity Interests; all of the Escrowed Shares and
other Restricted Equity Interests currently outstanding and described on Schedule I are
duly authorized and issued, fully paid and non-assessable, and all documentary, stamp or other
taxes or fees owing in connection with the issuance thereof have been paid; to the knowledge of the
Grantors, no dispute, right of setoff, counterclaim or defense exists with respect to all or any
part of the Escrowed Shares or other Restricted Equity Interests; the Escrowed Shares and other
Restricted Equity Interests are free and clear of all Liens, mortgages, pledges, charges, security
interests or other encumbrances, options, warrants, puts, calls and other rights of third persons,
and restrictions, other than restrictions on transferability imposed by this Agreement, the
Revolving Credit Agreement, the other Loan Documents and the applicable Franchise Agreement and
applicable state and federal securities laws; neither this Agreement, the Revolving Credit
Agreement nor any of the other Loan Documents creates or requires the creation or the granting by
any Grantor of a Security Interest in the Escrowed Shares and other Restricted Equity Interests.

          (d) The original certificates representing all of the certificated Escrowed Shares and other
certificated Restricted Equity Interests have been delivered to the Administrative Agent, in
escrow; the Restricted Equity Interests described on Schedule I constitute (i) all of the
issued and outstanding capital stock of each of the Escrow Subsidiaries as of the date hereof and
(ii) the indicated number of shares and/or ownership interest percentages of the entities as shown
on Schedule I; none of the Escrow Subsidiaries have issued, nor are there outstanding, any
options, warrants or other rights in favor of any Grantor or any other Person to acquire the
Escrowed Shares or other Restricted Equity Interests or any capital stock of any of the Escrow
Subsidiaries.

          (e) This Agreement constitutes a legal, valid and binding obligation of each Grantor
enforceable in accordance with its terms, except as enforceability may be limited by bankruptcy,
insolvency or similar laws affecting the enforcement of creditors’ rights generally and general
principals of equity; each Grantor has the corporate or partnership, as the case may be, power and
authority and the legal right to execute and deliver, to perform its obligations under, and to (i)
deliver the Escrowed Shares into the Escrow, and (ii) to grant the Security Interest in the
Disposition Proceeds Collateral pursuant to this Agreement; and each Grantor has

7

 

taken all necessary, corporate, limited liability company or partnership, as the case may be,
action to authorize its execution, delivery and performance of, the delivery of the Escrowed Shares
into the Escrow, and the grant of the security interest in the Disposition Proceeds Collateral
pursuant to this Agreement.

          (f) The execution, delivery and performance of this Agreement will not (i) conflict with or
result in any breach or contravention of any Contractual Obligation of any Grantor, including any
agreement between a Grantor and any manufacturer or distributor, (ii) violate any Law, or (iii)
result in the creation or imposition of any Lien on any of the properties or revenues of any
Grantor pursuant to any applicable Law or Contractual Obligation of any Grantor, except as
contemplated hereby.

          (g) No action, suit or proceeding of or before any Governmental Authority is pending or, to
the knowledge of Grantors, threatened by or against any Grantor or against any of its properties or
revenues with respect to this Agreement or any of the transactions contemplated hereby.

          (h) There are no conditions precedent to the effectiveness of this Agreement that have not
been satisfied or waived.

ARTICLE IV

COVENANTS 

     Grantors covenant and agree as follows:

     4.1 Further Assurances. (a) Each Grantor agrees that, where any agreement existing
as of the date hereof or hereafter to which such Grantor is a party contains any restriction
prohibiting such Grantor from (i) transferring the Escrowed Shares into the Escrow, or (ii)
granting the Security Interest in the Disposition Proceeds Collateral, such Grantor will obtain or
use its best efforts to obtain the necessary consent to or waiver of such restriction from any
Person so as to enable such Grantor to effectively transfer the Escrowed Shares into the Escrow and
grant to Administrative Agent such Security Interest in the Disposition Proceeds Collateral.

          (b) Each Grantor will from time to time at its expense promptly execute and deliver all
further instruments and documents, and take all further action, that may be reasonably necessary or
desirable, or that Administrative Agent may reasonably request, in order to perfect and protect the
Security Interest granted or purported to be granted hereby or in any Joinder Agreement, in the
Disposition Proceeds Collateral, in the priority thereof, or to create or preserve the full
benefits of this Agreement and the rights and powers of Administrative Agent herein or in any
Joinder Agreement, or to enable Administrative Agent to exercise and enforce its rights and
remedies hereunder or thereunder with respect to any of the Disposition Proceeds Collateral.
Without limiting the generality of the foregoing, upon written request by Administrative Agent,
each Grantor will: (i) if the Disposition Proceeds Collateral are certificated, deliver to
Administrative Agent such certificated Disposition Proceeds Collateral duly endorsed and
accompanied by duly executed instruments of transfer or assignment, all in form and substance
satisfactory to the Administrative Agent; and (ii) execute and file such financing or continuation

8

 

statements, or amendments thereto, and such other instruments or notices, as may be necessary,
or as Administrative Agent may request, in order to perfect and preserve the Security Interest
granted or purported to be granted hereby with respect to any and all such Disposition Proceeds
Collateral.

          (c) Each Grantor hereby authorizes Administrative Agent to file one or more financing or
continuation statements, and amendments thereto, relating to all or any part of the Disposition
Proceeds Collateral without the signature of such Grantor where and to the extent permitted by
applicable law. A photocopy or other reproduction of this Agreement or any financing statement
covering the Disposition Proceeds Collateral or any part thereof shall be sufficient as a financing
statement where and to the extent permitted by applicable law.

          (d) Each Grantor will furnish to Administrative Agent from time to time, upon the written
request of Administrative Agent, statements and schedules further identifying and describing the
Disposition Proceeds Collateral, and such other reports in connection with the Disposition Proceeds
Collateral, as Administrative Agent may reasonably request.

          (e) In addition to such other information as shall be specifically provided for herein,
Grantors shall furnish to Administrative Agent such other information with respect to the
Disposition Proceeds Collateral as Administrative Agent may reasonably request from time to time in
connection with the Disposition Proceeds Collateral, or the protection, preservation, maintenance
or enforcement of the Security Interest or the Disposition Proceeds Collateral, including, without
limitation, all documents and things in Grantors’ possession, or subject to its demand for
possession, related to the Disposition Proceeds Collateral.

          (f) Subject to Section 4.5(a)(iii), each Grantor shall, if any of the Disposition
Proceeds Collateral are received by such Grantor, (i) in the case of Disposition Proceeds
Collateral, forthwith transfer and deliver to Administrative Agent all such Disposition Proceeds
Collateral either in cash or if certificated, duly endorsed and accompanied by duly executed
instruments of transfer, all in form satisfactory to the Administrative Agent, all of which
thereafter shall be held by Administrative Agent as collateral security for payment and performance
of the Obligations, pursuant to the terms of this Agreement, and (ii) in the case of Restricted
Disposition Proceeds, forthwith deliver such Restricted Disposition Proceeds in escrow to the
Administrative Agent to be held as Escrowed Shares.

          (g) Each Grantor agrees that if such Grantor shall at any time acquire any additional
Restricted Equity Interests of any Escrow Subsidiary, such Grantor shall, as soon as practically
possible, (and without the necessity for any request or demand by Administrative Agent) deliver the
certificates representing such shares or interests to Administrative Agent, in escrow in the same
manner and with the same effect as described in Article 1 hereof. Upon delivery, such shares or
evidences of ownership shall thereupon constitute Escrowed Shares for the purposes and upon the
terms and conditions set forth in this Agreement.

          (h) No Grantor will make any Disposition of the Escrowed Shares or other Restricted Equity
Interests (whether certificated or uncertificated) or any part thereof, or create directly or
indirectly any security interest or otherwise encumber (other than any restriction imposed by any
Franchise Agreement to which the Grantor is a party) any of the Escrowed

9

 

Shares or other Restricted Equity Interests, or permit any of the Escrowed Shares or other
Restricted Equity Interests to ever be or become subject to any warrant, put, option or other
rights of third Persons or any attachment, execution, sequestration or other legal or equitable
process, or any security interest or encumbrance of any kind, in each case, unless and until any
Disposition Proceeds Collateral are paid and/or delivered to the Administrative Agent in accordance
with the Agreement, or are received and retained by the requisite Grantor in accordance with
Section 4.5(a)(iii), and any Restricted Disposition Proceeds are delivered in escrow to the
Administrative Agent to be held as Escrowed Shares.

          (i) The Grantors shall enforce or secure in the name of Administrative Agent, for the benefit
of the Revolving Secured Parties, the performance of each and every obligation, term, covenant,
condition and agreement relating to any Disposition Proceeds Collateral, and the Grantors shall
appear in and defend any action or proceeding arising under, occurring out of or in any manner
connected therewith and upon request by the Administrative Agent, the Grantors will do so in the
name of the Administrative Agent and on behalf of the Revolving Secured Parties, but at the expense
of the Grantors, and the Grantors shall pay all costs and expenses of the Administrative Agent and
the Revolving Secured Parties, including, but not limited to, attorneys’ fees and disbursements, in
any action or proceeding in which the Revolving Secured Parties may appear.

          (j) Each Grantor shall allow the Administrative Agent to inspect all records of such Grantor
relating to the Escrowed Shares and/or the Disposition Proceeds Collateral, and to make and take
away copies of such records.

          (k) Each Grantor shall promptly notify the Administrative Agent of any material change in any
fact or circumstance warranted or represented by such Grantor in this Agreement or in any other
writing furnished by such Grantor to the Administrative Agent in connection with the Escrowed
Shares or this Agreement.

          (l) Each Grantor shall promptly notify the Administrative Agent of any claim, action or
proceeding affecting title to the Escrowed Shares, or any part thereof, the Disposition Proceeds
Collateral, or the Security Interest, and at the request of the Administrative Agent, appear in and
defend, at the Grantors’ expense, any such action or proceeding.

          (m) The Grantors (jointly and severally) shall promptly pay to the Administrative Agent the
amount of all reasonable costs and expenses of the Administrative Agent and/or the Revolving
Secured Parties, including, but not limited to, reasonable attorneys’ fees, incurred by the
Administrative Agent or the Revolving Secured Parties in connection with this Agreement and the
enforcement of the rights of the Administrative Agent or the Revolving Secured Parties hereunder,
in accordance with Section 10.05 of the Revolving Credit Agreement.

          (n) At no time shall any Escrowed Shares or other Restricted Equity Interests (i) be held or
maintained in the form of a security entitlement or credited to any securities account and (ii)
which constitute a “security” (or as to which the related Escrow Subsidiary has elected to have
treated as a “security”) under Article 8 of the Uniform Commercial Code of the State of North
Carolina or of any other jurisdiction whose laws may govern (the “UCC”) be maintained in
the form of uncertificated securities.

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          (o) Each Grantor and each issuer of any Escrowed Shares or other Restricted Equity Interests
shall mark each register or other ownership or transfer record relating to any of the Escrowed
Shares or other Restricted Equity Interests with a notation indicating that (a) such securities, if
Escrowed Shares, are subject to this Agreement and the Escrow hereunder, (b) any Disposition of any
Escrowed Shares or other Restricted Equity Interests is subject to this Agreement, and (c) any
Disposition Proceeds Collateral are subject to the Security Interest and Escrow hereunder.

     4.2 Conversions; etc. Should the Escrowed Shares, or any part thereof, ever be in any
manner converted by any of the Escrow Subsidiaries into another property of the same or another
type or any money or other proceeds ever be paid or delivered to any Grantor as a result of such
Grantor’s rights in the Escrowed Shares, then in any such event (except as otherwise provided
herein), (i) (in the case of property other than Restricted Equity Interests) all such property,
money and other proceeds shall be and/or become part of the Disposition Proceeds Collateral, and
each Grantor covenants forthwith to pay or deliver to the Administrative Agent all of the same
which is susceptible of delivery; and at the same time, if the Administrative Agent deems it
necessary and so requests, such Grantors will properly endorse or assign the same to the
Administrative Agent for the benefit of the Revolving Secured Parties, and (ii) (in the case of
Restricted Equity Interests) such property shall be delivered in escrow to the Administrative Agent
to be held as Escrowed Shares. Without limiting the generality of the foregoing, each Grantor
hereby agrees that the shares of capital stock of the surviving corporation in any merger or
consolidation involving any of the Escrow Subsidiaries or any of the Escrowed Shares shall be
deemed to constitute Disposition Proceeds Collateral (or, if applicable, Restricted Disposition
Proceeds) if the surviving Escrow Subsidiary ceases to be either a direct or indirect wholly owned
Subsidiary of the Company.

     4.3 Preservation of Escrowed Shares. Neither the Administrative Agent nor the
Revolving Secured Parties shall have any responsibility for or obligation or duty with respect to
all or any part of the Escrowed Shares or other Restricted Equity Interests or any Disposition
Proceeds Collateral or any matter or proceeding arising out of or relating thereto, including,
without limitation, beyond the use of reasonable care in the custody and preservation thereof while
in its possession, any obligation or duty to collect any sums due in respect thereof or to protect
or preserve any rights against prior parties or any other rights pertaining thereto, it being
understood and agreed that the Grantors shall be responsible generally for the preservation of all
rights in the Escrowed Shares, the other Restricted Equity Interests and the Disposition Proceeds
Collateral.

     4.4 Collection of the Loan. Neither the Administrative Agent nor any Revolving
Secured Party shall ever be liable for any failure to use due diligence in the collection of any
and all amounts due and owing under the Notes, the Revolving Credit Agreement or any other Loan
Documents, or any part thereof.

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     4.5 Rights of Parties Before the Occurrence of an Event of Default.

          (a) Exercising Rights and Receipt of Cash Proceeds Prior to an Event of Default.
Unless and until an Event of Default shall occur and be continuing:

          (i) With respect to all Disposition Proceeds Collateral, subject to the other
provisions of this Agreement, the Grantors shall be entitled to receive all cash dividends
or interest paid in respect of or attributable to such Disposition Proceeds Collateral and
any and all other Distributions. As used herein “Distributions” shall mean the
declaration or payment of any dividend or other distribution on or with respect to such
Disposition Proceeds Collateral, and any other payment made with respect to such Disposition
Proceeds Collateral other than in respect of a Disposition thereof. All such Distributions
shall if received by any Person other than the Administrative Agent, be held in trust for
the benefit of the Administrative Agent and the Revolving Secured Parties and shall
forthwith be delivered to the Administrative Agent duly endorsed and accompanied by duly
executed instruments of transfer, all in form and substance satisfactory to the
Administrative Agent to be held subject to the Security Interest and the other provisions of
this Agreement.

          (ii) With respect to all Disposition Proceeds Collateral, each Grantor shall have the
right to vote and give consents with respect to all such Disposition Proceeds Collateral
owned by it and to consent to, ratify, or waive notice of any and all meetings and take such
other action as it deems appropriate to protect or further its interests in respect thereof;
provided that such right shall in no case be exercised for any purpose
contrary to, or in violation of, any of the terms or provisions of this Agreement, the
Notes, the Revolving Credit Agreement, or any other Loan Document.

          (iii) The requisite Grantor shall be entitled to receive and retain the cash purchase
price for any sale of Restricted Equity Interests that is a Permitted Disposition (the
“Retained Cash”) and shall not be required to deliver the Retained Cash to the
Administrative Agent pursuant to Section 4.1(f) or any other provision hereof.

          (b) Exercising Rights in Disposition Proceeds Collateral After the Occurrence of an Event
of Default. Upon the occurrence and during the continuance of an Event of Default, the
Administrative Agent, without the consent of any Grantor, may:

          (i) At any time vote or consent in respect of any Disposition Proceeds Collateral and
authorize any such Disposition Proceeds Collateral to be voted and such consents to be
given, ratify and waive notice of any and all meetings, and take such other action as shall
seem desirable to the Administrative Agent, in its sole discretion, to protect or further
the interests of the Administrative Agent and the Revolving Secured Parties in respect of
any such Disposition Proceeds Collateral as though it were the outright owner thereof, and,
each Grantor hereby irrevocably constitutes and appoints the Administrative Agent, after the
occurrence and during the continuance of an Event of Default, its sole proxy and
attorney-in-fact, with full power of substitution to vote and act with respect to any and
all such Disposition Proceeds Collateral standing in the name of such Grantor or with
respect to which such Grantor is entitled to vote and act. The proxy

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and power of attorney herein granted are coupled with interests, are irrevocable, and
shall continue throughout the term of this Agreement;

          (ii) In respect of any Disposition Proceeds Collateral, join in and become a party to
any plan of recapitalization, reorganization or readjustment (whether voluntary or
involuntary) as shall seem desirable to the Administrative Agent in respect of any such
Disposition Proceeds Collateral, and deposit any such Disposition Proceeds Collateral under
any such plan; make any exchange, substitution, cancellation or surrender of such
Disposition Proceeds Collateral required by any such plan and take such action with respect
to any such Disposition Proceeds Collateral as may be required by any such plan or for the
accomplishment thereof; and no such disposition, exchange, substitution, cancellation or
surrender shall be deemed to constitute a release of such Disposition Proceeds Collateral
from the Security Interest of this Agreement;

          (iii) Receive for application as provided in Section 8.03 of the Revolving
Credit Agreement all payments of whatever kind made upon or with respect to any Disposition
Proceeds Collateral; and

          (iv) Subject to the provisions of Section 4.5(c) hereof, transfer or endorse
into its name, or into the name or names of its nominee or nominees, all or any of the
Disposition Proceeds Collateral.

          (c) Right of Sale of Disposition Proceeds Collateral After the Occurrence of an Event of
Default. Upon the occurrence and during the continuance of an Event of Default, the
Administrative Agent may sell, without recourse to judicial proceedings, by way of one or more
contracts, with the right (except at private sale) to bid for and buy, free from any right of
redemption, any Disposition Proceeds Collateral upon five (5) days’ notice (which notice is agreed
to be reasonable notice for the purposes hereof) to the Grantors of the time and place of sale, for
cash, upon credit or for future delivery, at the Administrative Agent’s option and in the
Administrative Agent’s complete discretion:

          (i) At public sale, including a sale at any broker’s board or exchange; or

          (ii) At private sale in any manner which will not require the Disposition Proceeds
Collateral, or any part thereof, to be registered in accordance with the Securities Act of
1933, as amended, or the rules and regulations promulgated thereunder, or any other law or
regulation, at the best price reasonably obtainable by the Administrative Agent at any such
private sale or other disposition in the manner mentioned above.

The Administrative Agent is also hereby authorized, but not obligated, to take such actions, give
such notices, obtain such consents, and do such other things as the Administrative Agent may deem
required or appropriate in the event of sale or disposition of such Disposition Proceeds
Collateral. Each Grantor understands that the Administrative Agent may in its sole discretion
approach a restricted number of potential purchasers and that a sale under such circumstances may
yield a lower price for such Disposition Proceeds Collateral, or any portion thereof, than

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would otherwise be obtainable if the same were registered and sold in the open market. Each
Grantor agrees (A) that in the event the Administrative Agent shall so sell such Disposition
Proceeds Collateral, or any portion thereof, at such private sale or sales, the Administrative
Agent shall have the right to rely upon the advice and opinion of any member firm of a national
securities exchange as to the best price reasonably obtainable upon such a private sale thereof
(any expense borne by the Administrative Agent in obtaining such advice to be paid by the Grantors
as an expense related to the exercise by the Administrative Agent of its rights hereunder), and (B)
that such reliance shall be conclusive evidence that the Administrative Agent handled such matter
in a commercially reasonable manner. No Revolving Secured Party shall be under any obligation to
take any steps to permit such Disposition Proceeds Collateral to be sold at a public sale or to
delay a sale to permit the Escrow Subsidiaries to register such Disposition Proceeds Collateral for
public sale under the Securities Act of 1933 or applicable state securities law. In ease of any
sale by the Administrative Agent of the Disposition Proceeds Collateral on credit or for future
delivery, the Disposition Proceeds Collateral sold may be retained by the Administrative Agent
until the selling price is paid by the purchaser, but the Administrative Agent shall incur no
liability in case of failure of the purchaser to take up and pay for the Disposition Proceeds
Collateral so sold. In case of any such failure, such Disposition Proceeds Collateral so sold may
be again similarly sold. In connection with the sale of the Disposition Proceeds Collateral, the
Administrative Agent is authorized, but not obligated, to limit prospective purchasers to the
extent deemed necessary or desirable by the Administrative Agent to render such sale exempt from
the registration requirements of the Securities Act of 1933, as amended, and any applicable state
securities laws, and no sale so made in good faith by the Administrative Agent shall be deemed not
to be “commercially reasonable” because so made. In no event, however, shall the Administrative
Agent or any Revolving Secured Party have any right to sell, foreclose upon, or compel the sale of,
any Escrowed Shares.

          (d) Other Rights After an Event of Default. Upon the occurrence and during the
continuance of an Event of Default, the Administrative Agent, at its election, may with respect to
all Disposition Proceeds Collateral exercise any and all rights available to a secured party under
the Uniform Commercial Code as enacted in the State of North Carolina or other applicable
jurisdiction, as amended, in addition to any and all other rights afforded hereunder, under the
Revolving Credit Agreement, the Notes, under the other Loan Documents, at law, in equity or
otherwise.

          (e) Application of Proceeds. Any and all Disposition Proceeds Collateral including
cash proceeds and the proceeds from the disposition as hereinabove provided of Disposition Proceeds
Collateral received by Lenders or any part thereof shall be applied as provided in Section
8.03 of the Revolving Credit Agreement.

     4.6 Right to File as Financing Statement. The Administrative Agent shall have the
right at any time to execute and file this Agreement as a financing statement, but the failure of
the Administrative Agent to do so shall not impair the validity or enforceability of this Agreement
or the Security Interest.

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     4.7 Restricted Disposition Shares; No Control by Administrative Agent or Lenders.

          (a) Notwithstanding anything herein or in any other Loan Document to the contrary, the
Administrative Agent shall not have, or be deemed to have, a security interest in any Restricted
Disposition Proceeds or the Escrowed Shares, but the Administrative Agent shall have, and is hereby
granted, a security interest in Disposition Proceeds Collateral (the “Subsequent Proceeds”)
of Restricted Disposition Proceeds so long as such Subsequent Proceeds are not themselves
Restricted Disposition Proceeds. Any Restricted Disposition Proceeds delivered to the
Administrative Agent to be held in escrow by the Administrative Agent and will be deemed to be
Escrowed Shares for purposes of this Agreement.

          (b) Notwithstanding anything herein or in any other Loan Document to the contrary, this
Agreement, the Revolving Credit Agreement and the other Loan Documents, and the transactions
contemplated hereby and thereby, do not and will not, constitute, create or have the effect of
constituting or creating, directly or indirectly, the actual or practical ownership of any of the
Escrow Subsidiaries by the Administrative Agent or any Revolving Secured Party, or control,
affirmative or negative, direct or indirect, by the Administrative Agent or any Revolving Secured
Party over the management or any other aspect of the day-to-day operation of the Escrow
Subsidiaries, which ownership and control remains exclusively and at all times in each of the
Escrow Subsidiaries.

     4.8 Agreement to Supplement. Each Grantor acknowledges and agrees that this Agreement
shall be amended and supplemented from time to time to specifically include a description of all
Escrowed Shares subject hereto subsequent to the date hereof, and the Administrative Agent shall be
entitled to supplement Schedule I from time to time, without any action or joinder of the
Grantors to reflect the addition of all such additional Escrowed Shares. The Administrative Agent
shall have a valid first priority security interest in all additional Disposition Proceeds which
come into existence after the date hereof, whether or not reflected on a supplement to Schedule
I. The Grantor hereby agrees to execute, deliver and cause the filing of all stock powers,
financing statements and other documents and to take such further action as deemed necessary in the
Administrative Agent’s reasonable discretion with respect to each such additional Escrowed Shares
and Disposition Proceeds to ensure each Grantor’s compliance hereunder with respect thereto.

     4.9 Reinstatement. The granting of a security interest in the Disposition Proceeds
Collateral and the other provisions hereof shall continue to be effective or be reinstated, as the
case may be, if at any time any payment of any of the Obligations is rescinded or must otherwise be
returned by any Revolving Secured Party or is repaid by any Revolving Secured Party in whole or in
part in good faith settlement of a pending or threatened avoidance claim, whether upon the
insolvency, bankruptcy or reorganization of any Grantor or any other Loan Party or otherwise, all
as though such payment had not been made. The provisions of this Section 4.9 shall
survive repayment of all of the Secured Obligations and the termination or expiration of this
Agreement in any manner, including but not limited to termination upon occurrence of the Facility
Termination Date.

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     4.10 Certain Waivers by the Grantors. Each Grantor waives to the extent permitted by
applicable law (a) any right to require any Revolving Secured Party or any other obligee of the
Secured Obligations to (x) proceed against any Person or entity, including without limitation any
Loan Party, (y) proceed against or exhaust the Disposition Proceeds Collateral or other collateral
for the Secured Obligations, or (z) pursue any other remedy in its power; (b) any defense arising
by reason of any disability or other defense of any other Person, or by reason of the cessation
from any cause whatsoever of the liability of any other Person or entity, (c) any right of
subrogation, and (d) any right to enforce any remedy which any Revolving Secured Party or any other
obligee of the Secured Obligations now has or may hereafter have against any other Person and any
benefit of and any right to participate in any collateral or security whatsoever now or hereafter
held by the Administrative Agent for the benefit of the Revolving Secured Parties. Each Grantor
authorizes each Revolving Secured Party and each other obligee of the Secured Obligations without
notice (except notice required by applicable law) or demand and without affecting its liability
hereunder or under the Loan Documents from time to time to: (i) take and hold security, other than
the Disposition Proceeds Collateral herein described, for the payment of such Secured Obligations
or any part thereof, and exchange, enforce, waive and release the Disposition Proceeds Collateral
herein described or any part thereof or any such other security; and (ii) apply such Disposition
Proceeds Collateral or other security and direct the order or manner of sale thereof as such
Revolving Secured Party or obligee in its discretion may determine.

     The Administrative Agent may at any time deliver (without representation, recourse or
warranty) the Disposition Proceeds Collateral or any part thereof to a Grantor and the receipt
thereof by such Grantor shall be a complete and full acquittance for the Disposition Proceeds
Collateral so delivered, and the Administrative Agent shall thereafter be discharged from any
liability or responsibility therefor.

     4.11 Continued Powers. Until the Facility Termination Date shall have occurred, the
power of sale and other rights, powers and remedies granted to the Administrative Agent for the
benefit of the Revolving Secured Parties hereunder shall continue to exist and may be exercised by
the Administrative Agent at any time and from time to time irrespective of the fact that any of the
Secured Obligations or any part thereof may have become barred by any statute of limitations or
that any part of the liability of any Grantor may have ceased.

     4.12 Other Rights. The rights, powers and remedies given to the Administrative Agent
for the benefit of the Revolving Secured Parties by this Agreement shall be in addition to all
rights, powers and remedies given to the Administrative Agent or any Revolving Secured Party under
any other Loan Document or by virtue of any statute or rule of law. Any forbearance or failure or
delay by the Administrative Agent in exercising any right, power or remedy hereunder shall not be
deemed to be a waiver of such right, power or remedy, and any single or partial exercise of any
right, power or remedy hereunder shall not preclude the further exercise thereof; and every right,
power and remedy of the Revolving Secured Parties shall continue in full force and effect until
such right, power or remedy is specifically waived in accordance with the terms of the Revolving
Credit Agreement.

     4.13 Anti-Marshaling Provisions. The right is hereby given by each Grantor to the
Administrative Agent, for the benefit of the Revolving Secured Parties, to make releases

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(whether in whole or in part) of all or any part of the Disposition Proceeds Collateral
agreeable to the Administrative Agent without notice to, or the consent, approval or agreement of
other parties and interests, including junior lienors, which releases shall not impair in any
manner the validity of or priority of the Liens and security interests in the remaining Disposition
Proceeds conferred hereunder, nor release any Grantor from personal liability for the Secured
Obligations. Notwithstanding the existence of any other security interest in the Disposition
Proceeds held by the Administrative Agent, for the benefit of the Revolving Secured Parties, the
Administrative Agent shall have the right to determine the order in which any or all of the
Disposition Proceeds shall be subjected to the remedies provided in this Agreement. Each Grantor
hereby waives any and all right to require the marshaling of assets in connection with the exercise
of any of the remedies permitted by applicable law or provided herein or in any Loan Document.

     4.14 Entire Agreement. This Agreement and each Joinder Agreement, together with the
Revolving Credit Agreement and other Loan Documents, constitutes and expresses the entire
understanding between the parties hereto with respect to the subject matter hereof, and supersedes
all prior negotiations, agreements and understandings, inducements, commitments or conditions,
express or implied, oral or written, except as herein contained. The express terms hereof and of
the Joinder Agreements control and supersede any course of performance or usage of the trade
inconsistent with any of the terms hereof and thereof. Neither this Agreement nor any Joinder
Agreement nor any portion or provision hereof or thereof may be changed, altered, modified,
supplemented, discharged, canceled, terminated, or amended orally or in any manner other than as
provided in the Revolving Credit Agreement.

     4.15 Reliance. Each Grantor hereby consents and agrees that all Persons shall be
entitled to accept the provisions hereof and of the Joinder Agreements as conclusive evidence of
the right of the Administrative Agent, on behalf of the Revolving Secured Parties, to exercise its
rights, privileges, and remedies hereunder and thereunder with respect to the Disposition Proceeds,
notwithstanding any other notice or direction to the contrary heretofore or hereafter given by any
Grantor or any other Person to any Persons.

     4.16 Binding Agreement; Assignment. This Agreement and each Joinder Agreement, and
the terms, covenants and conditions hereof and thereof, shall be binding upon and inure to the
benefit of the parties hereto, and to their respective successors and assigns, except that no
Grantor shall be permitted to assign this Agreement, any Joinder Agreement or any interest herein
or therein or in the Disposition Proceeds, or any part thereof or interest therein, or otherwise
pledge, encumber or grant any option with respect to the Disposition Proceeds, or any part thereof,
or any cash or property held by the Administrative Agent as the Disposition Proceeds under this
Agreement. Without limiting the generality of the foregoing sentence of this Section 4.16,
any Lender may assign to one or more Persons, or grant to one or more Persons participations in or
to, all or any part of its rights and obligations under the Revolving Credit Agreement (to the
extent permitted by the Revolving Credit Agreement); and to the extent of any such assignment or
participation such other Person shall, to the fullest extent permitted by law, thereupon become
vested with all the benefits in respect thereof granted to such Lender herein or otherwise, subject
however, to the provisions of the Revolving Credit Agreement, including Article IX thereof
(concerning the Administrative Agent) and Section 10.06 thereof (concerning assignments and
participations). All references herein to the Administrative Agent and to the

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Revolving Secured Parties shall include any successor thereof or permitted assignee, and any
other obligees from time to time of the Secured Obligations.

     4.17 Related Swap Contracts. All obligations of any Grantor under or in respect of
Related Swap Contracts and Secured Cash Management Arrangements (which are not prohibited under the
terms of the Revolving Credit Agreement) to which any Lender or any Affiliate of any Lender is a
party, shall be deemed to be Secured Obligations secured hereby, and each Lender or Affiliate of a
Lender party to any such Related Swap Contract or Secured Cash Management Arrangement shall be
deemed to be a Revolving Secured Party hereunder with respect to such Secured Obligations;
provided, however, that such obligations shall cease to be Secured Obligations at
such time, prior to the Facility Termination Date, as such Person (or Affiliate of such Person)
shall cease to be a “Lender” under the Revolving Credit Agreement.

     No Person who obtains the benefit of any Lien by virtue of the provisions of this Section
shall have any right to notice of any action or to consent to, direct or object to any action
hereunder or under any other Loan Document or otherwise in respect of the Disposition Proceeds
(including the release or impairment of any Disposition Proceeds) other than in its capacity as a
Lender and only to the extent expressly provided in the Loan Documents. Notwithstanding any other
provisions of this Agreement to the contrary, the Administrative Agent shall only be required to
verify the payment of, or that other satisfactory arrangements have been made with respect to, the
Secured Obligations arising under Related Swap Contracts or Secured Cash Management Arrangements to
the extent the Administrative Agent has received written notice of such Obligations, together with
such supportive documentation as it may request from the applicable Lender or Affiliate of a
Lender. Each Revolving Secured Party not a party to the Revolving Credit Agreement who obtains the
benefit of this Agreement by virtue of the provisions of this Section shall be deemed to have
acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of the
Revolving Credit Agreement, and that with respect to the actions and omissions of the
Administrative Agent hereunder or otherwise relating hereto that do or may affect such Revolving
Secured Party, the Administrative Agent and each of its Related Parties shall be entitled to all
the rights, benefits and immunities conferred under Article IX of the Revolving Credit
Agreement.

     4.18 Severability. The provisions of this Agreement are independent of and separable
from each other. If any provision hereof shall for any reason be held invalid or unenforceable,
such invalidity or unenforceability shall not affect the validity or enforceability of any other
provision hereof, but this Agreement shall be construed as if such invalid or unenforceable
provision had never been contained herein.

     4.19 Counterparts. This Agreement may be executed in any number of counterparts each
of which when so executed and delivered shall be deemed an original, and it shall not be necessary
in making proof of this Agreement to produce or account for more than one such counterpart executed
by the Grantor against whom enforcement is sought. Without limiting the foregoing provisions of
this Section 4.19, the provisions of Section 10.10 of the Revolving Credit
Agreement shall be applicable to this Agreement.

     4.20 Termination. Subject to the provisions of Section 4.9, this Agreement
and each Joinder Agreement, and all obligations of the Grantors hereunder (excluding those
obligations

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and liabilities that expressly survive such termination) shall terminate without delivery of
any instrument or performance of any act by any party on the Facility Termination Date. Upon such
termination of this Agreement, the Administrative Agent shall, at the sole expense of the Grantors,
promptly deliver to the Grantors the Escrowed Shares, all other certificated Restricted Equity
Interests and the Disposition Proceeds Collateral and take such actions at the request of the
Grantors as may be necessary to effect the same.

     4.21 Notices. Any notice required or permitted hereunder shall be given (a) with
respect to any Grantor hereunder, at the address of the Company indicated in Schedule 10.02
of the Revolving Credit Agreement, (b) with respect to the Administrative Agent or a Lender, at the
Administrative Agent’s address indicated in Schedule 10.02 of the Revolving Credit
Agreement. All such addresses may be modified, and all such notices shall be given and shall be
effective, as provided in Section 10.02 of the Revolving Credit Agreement for the giving
and effectiveness of notices and modifications of addresses thereunder.

     4.22 Joinder. Each Person who shall at any time execute and deliver to the
Administrative Agent a Joinder Agreement who is identified therein as a “Grantor” (as such term is
defined in this Agreement) shall thereupon irrevocably, absolutely and unconditionally become a
party hereto and obligated hereunder to the extent required pursuant to such Joinder Agreement as a
Grantor and shall have thereupon pursuant to Section 1 hereof granted a security interest
in and collaterally assigned and pledged to the Administrative Agent for the benefit of the
Revolving Secured Parties all Disposition Proceeds which it has at its applicable date of execution
of its respective Joinder Agreement or thereafter acquires any interest or the power to transfer,
and all references herein and in the other Loan Documents to the Grantors or to the parties to this
Agreement shall be deemed to include such Person as a Grantor hereunder. Each such Joinder
Agreement shall be accompanied by the Supplemental Schedules referred to therein, appropriately
completed with information relating to the Grantor executing such Joinder Agreement and its
property. Each of the applicable Schedules attached hereto shall be deemed amended and supplemented
without further action by such information reflected on the Supplemental Schedules to each such
Joinder Agreement.

     4.23 Rules of Interpretation. The rules of interpretation contained in Sections
1.03 and 1.06 of the Revolving Credit Agreement shall be applicable to this Agreement
and each Joinder Agreement and are hereby incorporated by reference. All representations and
warranties contained herein shall survive the delivery of documents and any Credit Extensions
referred to herein or secured hereby.

     4.24 Governing Law; Waivers.

          (a) THIS AGREEMENT AND EACH JOINDER AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NORTH CAROLINA APPLICABLE TO CONTRACTS EXECUTED, AND TO
BE FULLY PERFORMED, IN SUCH STATE.

          (b) EACH GRANTOR HEREBY EXPRESSLY AND IRREVOCABLY AGREES AND CONSENTS THAT ANY SUIT, ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY JOINDER AGREEMENT

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OR THE TRANSACTIONS CONTEMPLATED HEREIN OR THEREIN MAY BE INSTITUTED IN ANY STATE OR FEDERAL
COURT SITTING IN MECKLENBURG COUNTY, STATE OF NORTH CAROLINA, UNITED STATES OF AMERICA AND, BY THE
EXECUTION AND DELIVERY OF THIS AGREEMENT OR A JOINDER AGREEMENT, EXPRESSLY WAIVES ANY OBJECTION
THAT IT MAY HAVE NOW OR HEREAFTER TO THE LAYING OF THE VENUE OR TO THE JURISDICTION OF ANY SUCH
SUIT, ACTION OR PROCEEDING, AND IRREVOCABLY SUBMITS GENERALLY AND UNCONDITIONALLY TO THE
JURISDICTION OF ANY SUCH COURT IN ANY SUCH SUIT, ACTION OR PROCEEDING.

          (c) EACH GRANTOR AGREES THAT SERVICE OF PROCESS MAY BE MADE BY PERSONAL SERVICE OF A COPY OF
THE SUMMONS AND COMPLAINT OR OTHER LEGAL PROCESS IN ANY SUCH SUIT, ACTION OR PROCEEDING, OR BY
REGISTERED OR CERTIFIED MAIL (POSTAGE PREPAID) TO THE ADDRESS OF SUCH GRANTOR PROVIDED IN
SECTION 4.21 OR BY ANY OTHER METHOD OF SERVICE PROVIDED FOR UNDER THE APPLICABLE LAWS IN
EFFECT IN THE STATE OF NORTH CAROLINA.

          (d) NOTHING CONTAINED IN SUBSECTIONS (b) OR (c) HEREOF SHALL PRECLUDE THE ADMINISTRATIVE AGENT
FROM BRINGING ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY
JOINDER AGREEMENT OR THE OTHER LOAN DOCUMENTS IN THE COURTS OF ANY PLACE WHERE ANY GRANTOR OR ANY
OF SUCH GRANTOR’S PROPERTY OR ASSETS MAY BE FOUND OR LOCATED. TO THE EXTENT PERMITTED BY THE
APPLICABLE LAWS OF ANY SUCH JURISDICTION, EACH GRANTOR HEREBY IRREVOCABLY SUBMITS TO THE
JURISDICTION OF ANY SUCH COURT AND EXPRESSLY WAIVES, IN RESPECT OF ANY SUCH SUIT, ACTION OR
PROCEEDING, OBJECTION TO THE EXERCISE OF JURISDICTION OVER IT AND ITS PROPERTY BY ANY SUCH OTHER
COURT OR COURTS WHICH NOW OR HEREAFTER, BY REASON OF ITS PRESENT OR FUTURE DOMICILE, OR OTHERWISE,
MAY BE AVAILABLE UNDER APPLICABLE LAW.

          (e) IN ANY ACTION OR PROCEEDING TO ENFORCE OR DEFEND ANY RIGHTS OR REMEDIES UNDER OR RELATED
TO THIS AGREEMENT OR ANY JOINDER AGREEMENT OR ANY AMENDMENT, INSTRUMENT, DOCUMENT OR AGREEMENT
DELIVERED OR THAT MAY IN THE FUTURE BE DELIVERED IN CONNECTION WITH THE FOREGOING, EACH PARTY
HEREBY AGREES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, THAT ANY SUCH ACTION, SUIT OR PROCEEDING
SHALL BE TRIED BEFORE A COURT AND NOT BEFORE A JURY AND HEREBY WAIVES, TO THE EXTENT PERMITTED BY
APPLICABLE LAW, ANY RIGHT SUCH PERSON MAY HAVE TO TRIAL BY JURY IN ANY SUCH ACTION, SUIT OR
PROCEEDING.

          (f) EACH GRANTOR HEREBY EXPRESSLY WAIVES ANY OBJECTION IT MAY HAVE THAT ANY COURT TO WHOSE
JURISDICTION IT

20

 

HAS SUBMITTED PURSUANT TO THE TERMS HEREOF IS AN INCONVENIENT FORUM.

     4.25 Amendment and Restatement. The parties hereto agree that the Existing Escrow and
Security Agreement is hereby amended and restated in this Escrow and Security Agreement, and this
Escrow and Security Agreement shall constitute neither a release nor novation of any lien or
security interest arising under the Existing Escrow and Security Agreement nor a refinancing of any
indebtedness or obligations arising thereunder or under the Existing Credit Agreement or related
documents, but rather the liens and security interests in effect under the Existing Escrow and
Security Agreement shall continue in effect on the terms hereof.

[Signature page follows.]

21

 

     IN WITNESS WHEREOF, the parties have duly executed this Agreement on the day and year first
written above.

	 	 	 	 	 	 	 	 	 

	 	 	GRANTORS:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SONIC AUTOMOTIVE, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	\David P. Cosper\	 	 
	 	 	 	 	 	 	 
	 	 	Name:	 	David P. Cosper	 	 
	 	 	Title:	 	 Vice Chairman and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	FAA HOLDING CORP.	 	 
	 	 	FIRSTAMERICA AUTOMOTIVE, INC.	 	 
	 	 	L DEALERSHIP GROUP, INC.	 	 
	 	 	SAI AL HC1, INC.	 	 
	 	 	SAI AL HC2, INC.	 	 
	 	 	SAI FL HC2, INC.	 	 
	 	 	SAI FL HC4, INC.	 	 
	 	 	SAI MD HC1, INC.	 	 
	 	 	SAI OK HC1, INC.	 	 
	 	 	SAI TN HC3, LLC	 	 
	 	 	SONIC AUTOMOTIVE OF NEVADA, INC.	 	 
	 	 	SONIC OF TEXAS, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	\David P. Cosper\	 	 
	 	 	 	 	 	 	 
	 	 	Name:	 	David P. Cosper	 	 
	 	 	Title:	 	 Vice President and Treasurer	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SAI GEORGIA, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	SONIC AUTOMOTIVE OF NEVADA, INC.,	 	 
	 	 	 	 	as Sole Member	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	\David P. Cosper\	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	Name:
	 	David P. Cosper	 	 
	 

	 	 	 	Title:
	 	 Vice President and Treasurer	 	 

SECOND AMENDED AND RESTATED ESCROW AND SECURITY AGREEMENT

Signature Page

 

 

	 	 	 	 	 	 	 

	 	 	ADMINISTRATIVE
AGENT:	 	 
	 
	 	 	 	 	 	 
	 	 	BANK OF AMERICA, N.A., as Administrative Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	\Anne M. Zeschke\
 

	 	 
	 

	 	Name:
	 	Anne M. Zeschke	 	 
	 

	 	Title:
	 	Vice President	 	 

SECOND AMENDED AND RESTATED ESCROW AND SECURITY AGREEMENT

Signature Page

 

 

SCHEDULE I

Escrowed Shares

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	FAA Holding Corp.

	 	1. FAA Las Vegas H, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Nevada	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C13186-1999	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FAA Holding Corp.

	 	2. Kramer Motors Incorporated
	 	Common Stock
	 	 	250	 	 	 	10	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C0392185	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica
Automotive, Inc.

	 	3. FAA Beverly Hills, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2069519	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica
Automotive, Inc.

	 	4. FAA Concord H, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2004304	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica
Automotive, Inc.

	 	5. FAA Concord T, Inc.
	 	Common Stock
	 	 	1,000	 	 	 	5	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C0613543	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica
Automotive, Inc.

	 	6. FAA Poway H, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2006230	 	 	 	 	 	 	 	 	 	 

Schedule I – Page 1

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	FirstAmerica
Automotive, Inc.

	 	7. FAA San Bruno, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2004303	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica
Automotive, Inc.

	 	8. FAA Serramonte, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	3	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2004221	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica
Automotive, Inc.

	 	9. FAA Serramonte H, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2069465	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica
Automotive, Inc.

	 	10. FAA Serramonte L, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2004222	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	FirstAmerica
Automotive, Inc.

	 	11. FAA Stevens Creek, Inc.
	 	Common Stock
	 	 	10,000	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2004216	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	L Dealership Group, Inc.

	 	12. Franciscan Motors, Inc.
	 	Common Stock
	 	 	700,000	 	 	 	10	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C1532758	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	L Dealership Group, Inc.

	 	13. Santa Clara Imported Cars,
Inc.
	 	Common Stock
	 	 	1,082	 	 	 	10	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C0587296	 	 	 	 	 	 	 	 	 	 

Schedule I – Page 2

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	L Dealership Group, Inc.

	 	14. Sonic — Stevens Creek B,
Inc.
	 	Common Stock
	 	 	300,000	 	 	 	10	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C0723787	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	L Dealership Group, Inc.

	 	15. Windward, Inc.
	 	Common Stock
	 	 	140,500	 	 	 	10	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Hawaii	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     41788D1FPD	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI AL HC1, Inc.

	 	16. SAI Montgomery B, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Alabama	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     428-746	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI AL HC2, Inc.

	 	17. SAI Irondale Imports, LLC
	 	Common Stock
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Alabama	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     428-744	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI AL HC2, Inc.

	 	18. SAI Irondale L, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Alabama	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     662-073	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI FL HC2, Inc.

	 	19. SAI Clearwater T, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Florida	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     L08000116713	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI FL HC2, Inc.

	 	20. SAI Fort Myers B, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Florida	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     L08000116712	 	 	 	 	 	 	 	 	 	 

Schedule I – Page 3

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	SAI FL HC4, Inc.

	 	21. SAI Fort Myers H, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Florida	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     L08000116710	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI MD HC1, Inc.

	 	22. SAI Rockville L, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Maryland	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     W12791083	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI OK HC1, Inc.

	 	23. SAI Atlanta B, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Georgia	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     08083814	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI OK HC1, Inc.

	 	24. SAI Oklahoma City — H, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Oklahoma	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     3512215666	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI OK HC1, Inc.

	 	25. SAI Oklahoma City T, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Oklahoma	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     3512215664	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI OK HC1, Inc.

	 	26. SAI Tulsa T, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Oklahoma	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     3512215671	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI TN HC3, LLC

	 	27. SAI Nashville H, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Tennessee	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     0336180	 	 	 	 	 	 	 	 	 	 

Schedule I – Page 4

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	Sonic Automotive, Inc.

	 	28. FirstAmerica Automotive,
Inc.
	 	Common Stock
	 	 	100	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Delaware	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     2761294	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	29. Marcus David Corporation
	 	Common Stock
	 	 	579,000	 	 	 	8	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     North Carolina	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     0272880	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	30. Ontario L, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     200330110050	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	31. SAI AL HC2, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Alabama	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     D/C 199-217	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	32. SAI Ann Arbor Imports, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Michigan	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     E15303	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	33. SAI Columbus T, LLC
	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Ohio	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     CP13128	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	34. SAI FL HC2, Inc.
	 	Common Stock
	 	 	100	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Florida	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     P98000016038	 	 	 	 	 	 	 	 	 	 

Schedule I – Page 5

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	Sonic Automotive, Inc.

	 	35. SAI Long Beach B, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2998588	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	36. SAI MD HC1, Inc.
	 	Common Stock
	 	 	100	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Maryland	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     D05310776	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	37. SAI Monrovia B, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2979304	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	38. Sonic Automotive of Nevada,
Inc.
	 	Common Stock
	 	 	1,000	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Nevada	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C18014-1997	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	39. Sonic Automotive 2752
Laurens Rd., Greenville, Inc.

	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     South Carolina	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	40. Sonic Automotive — 9103 E.
Independence, NC, LLC

	 	LLC Interest
	 	 	100.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     North Carolina	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Liability Company	 	 	 	 	 	 	 	 	 	 
	 

	 	     0470751	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	41. Sonic—Buena Park H, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2356456	 	 	 	 	 	 	 	 	 	 

Schedule I – Page 6

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	Sonic Automotive, Inc.

	 	42. Sonic—Calabasas A, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2413759	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	43. Sonic — Denver T, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Colorado	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     20021350687	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	44. Sonic — Harbor City H, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     California	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     C2356454	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	45. Sonic — Manhattan Fairfax,
Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Virginia	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     0521177-6	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	46. Sonic — Newsome of
Florence, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     South Carolina	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	47. Sonic — Shottenkirk, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Florida	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     P99000043291	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	48. Sonic Tysons Corner H, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Virginia	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     0645231-2	 	 	 	 	 	 	 	 	 	 

Schedule I – Page 7

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	Sonic Automotive, Inc.

	 	49. Sonic Tysons Corner
Infiniti, Inc.
	 	Common Stock
	 	 	100	 	 	 	1	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Virginia	 	 	 	 	 	 	 	 	 	 
	 

	 	     Corporation	 	 	 	 	 	 	 	 	 	 
	 

	 	     0645232-0	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI Georgia, LLC 

	 	50. Sonic — Stone Mountain T,
L.P.
	 	General Partner

Interest
	 	 	1.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of
Nevada, Inc.	 	     Georgia
	 	Limited Partner
	 	 	99.00	%	 	 	 	 
	 

	 	     Limited Partnership
	 	Interest	 	 	 	 	 	 	 	 
	 

	 	     0342795	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	51. Sonic Automotive of
Chattanooga, LLC
	 	LLC Interest

(Class A Units)
	 	 	1	 	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Tennessee
	 	LLC Interest	 	 	 	 	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	     Limited Liability Company

     0336188
	 	(Class B Units)
	 	 	99	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	52. Sonic Automotive of
Nashville, LLC
	 	LLC Interest

(Class A Units)
	 	 	1	 	 	 	N/A	 
	 

	 	     Tennessee	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	     Limited Liability Company

     0336186
	 	LLC Interest

(Class B Units)
	 	 	99	 	 	 	 	 
	
	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	53. Sonic — 2185 Chapman Rd.,
Chattanooga, LLC

	 	LLC Interest

(Class A Units)
	 	 	1	 	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Tennessee	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of
Nevada, Inc.
	 	     Limited Liability Company

     0366281
	 	LLC Interest

(Class B Units)
	 	 	99	 	 	 	 	 
		 	 	 	 	 	 	 	 	 	 	 	 

Schedule I – Page 8

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Type of	 	No. of	 	 
	Grantor	 	Escrow Subsidiaries	 	Shares	 	Shares	 	Cert. No.(S)
	Sonic of Texas, Inc.

	 	54. Philpott Motors, Ltd.
	 	General Partner

Interest
	 	 	1.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Texas	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Partnership
	 	Limited Partner
	 	 	99.00	%	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	     12223010
	 	Interest	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.

	 	55. Sonic — Fort Worth T, L.P.
	 	General Partner

Interest
	 	 	1.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Texas	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Partnership
	 	Limited Partner
	 	 	99.00	%	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	     13920710
	 	Interest	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.

	 	56. Sonic — Lute Riley, L.P.
	 	General Partner

Interest
	 	 	1.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Texas	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	     Limited Partnership

     11869810
	 	Limited Partner

Interest
	 	 	99.00	%	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic of Texas, Inc.

	 	57. Sonic Momentum B, L.P.
	 	General Partner

Interest
	 	 	1.00	%	 	 	N/A	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Texas	 	 	 	 	 	 	 	 	 	 
	 

	 	     Limited Partnership
	 	Limited Partner
	 	 	99.00	%	 	 	 	 
	Sonic Automotive of
Nevada, Inc.

	 	     800235477
	 	Interest	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive, Inc.

	 	58. SAI OK HC1, Inc.
	 	Common Stock
	 	 	100	 	 	 	2	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	     Oklahoma	 	 	 	 	 	 	 	 	 	 
	Sonic Automotive of Nevada, Inc.

	 	     Corporation
	 	Common Stock
	 	 	297	 	 	 	3	 
	 

	 	     1900632183	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	SAI Georgia, LLC

	 	 	 	Common Stock
	 	 	3	 	 	 	4	 

Schedule I – Page 9

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