Document:

Form of Non-Qualified Stock Option Agreement

 Exhibit 10.8 
 NON-QUALIFIED STOCK OPTION AGREEMENT 
 OF 
 LYN HOLDINGS CORP. 
 THIS AGREEMENT
(the “Agreement”) is entered into as of [DATE], 2007 (the “Grant Date”) by and between LYN Holdings Corp., a Delaware corporation (the “Company”) and [NAME], an employee of the Company (or one of
its Subsidiaries), hereinafter referred to as the “Optionee.” 
 WHEREAS, the Company wishes to afford the Optionee the opportunity
to purchase shares of its common stock, par value $0.01 per share (“Common Stock”); and 
 WHEREAS, the Company wishes to
carry out the 2007 Stock Option Plan of LYN Holdings Corp. (as it may be amended from time to time, the “2007 Plan”), the terms of which are hereby incorporated by reference and made a part of this Agreement; and 
 WHEREAS, the Committee appointed to administer the 2007 Plan pursuant to Section 6.1 of the 2007 Plan (the “Committee”) has
determined that it would be to the advantage and best interest of the Company and its shareholders to grant the Non-Qualified Stock Option provided for herein to the Optionee as an inducement to enter into or remain in the service of the Company (or
one of its Subsidiaries) and as an incentive for increased efforts during such service, and has advised the Company thereof and instructed the undersigned officers to issue said Option; 
 NOW, THEREFORE, in consideration of the mutual covenants herein contained and other good and valuable consideration, receipt of which is hereby
acknowledged, the parties hereto do hereby agree as follows: 
 ARTICLE I 
 DEFINITIONS 
 Whenever the following terms are used in this Agreement, they
shall have the meaning specified below unless the context clearly indicates to the contrary. Capitalized terms used in this Agreement and not defined below shall have the meaning given such terms in the 2007 Plan. The singular pronoun shall include
the plural, where the context so indicates. 
 Section 1.1. “2007 Plan” shall have the meaning set forth in the
Recitals hereto. 
 Section 1.2. “Cause” shall mean the Company or a Subsidiary having “Cause” to
terminate the Optionee’s employment, as defined in any employment agreement between the Optionee and the Company or a Subsidiary; provided, that in the absence of an employment agreement containing such a definition, the Company or a
Subsidiary shall have “Cause” to terminate the Optionee’s employment upon: (a) a determination by the Board of Directors of the Company that the Optionee failed to substantially perform the Optionee’s duties (other than any
such failure resulting from the Optionee’s Disability) which is not remedied within 30 days after receipt of written notice from the Company specifying such failure; (b) the Optionee’s conviction, plea of nolo contendere, or
imposition of unadjudicated probation for any felony or crime involving moral turpitude; (c) the Optionee’s unlawful use (including being under the influence) or possession of illegal drugs on the Company’s premises or while
performing the Optionee’s duties and responsibilities; or (d) the Optionee’s commission of an act of fraud, embezzlement, misappropriation, willful misconduct, or breach of fiduciary duty against the Company. 

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 Section 1.3. “Change in Control” shall mean a change in ownership or control
of the Company effected through a transaction or series of transactions (other than an offering of Common Stock to the general public through a registration statement filed with the Securities and Exchange Commission) whereby any “person”
or related “group” of “persons” (as such terms are used in Sections 13(d) and I4(d)(2) of the Exchange Act) (other than the Company, any of its subsidiaries, an employee benefit plan maintained by the Company or any of its
subsidiaries, a Principal Stockholder or a “person” that, prior to such transaction, directly or indirectly controls, is controlled by, or is under common control with, the Company or a Principal Stockholder) directly or indirectly
acquires beneficial ownership (within the meaning of Rule lad-3 under the Exchange Act) of securities of the Company possessing more than fifty percent (50%) of the total combined voting power of the Company’s securities outstanding
immediately after such acquisition. 
 Section 1.4. “Committee” shall have the meaning set forth in the Recitals
hereto. 
 Section 1.5. “Common Stock” shall have the meaning set forth in the Recitals hereto. 
 Section 1.6. “Company” shall have the meaning set forth in the Recitals hereto. 
 Section 1.7. “Disability” shall mean “Disability” as defined in any employment agreement between the Optionee and
the Company or a Subsidiary; provided, that in the absence of an employment agreement containing such a definition, “Disability” shall mean the Optionee’s inability to perform, with or without reasonable accommodation, the
essential functions of the Optionee’s position for a total of three months during any six month period as a result of incapacity due to mental or physical illness as determined by a physician selected by the Company or its insurers and
acceptable to the Optionee or the Optionee’s legal representative, such agreement as to acceptability not to be unreasonably withheld or delayed. 
 Section 1.8. “Grant Date” shall have the meaning set forth in the Recitals hereto. 
 Section 1.9. “Investment” shall mean any investment of funds by the Principal Stockholders in debt and equity securities or instruments of the Company and its Subsidiaries. 
 Section 1.10. “Investor Return” shall mean the annual compounded pre-tax internal rate of return on a given Investment
determined with respect to the period beginning on the initial date of such Investment and ending on the effective date of a Change in Control. 
 Section 1.11. “Option” shall mean the Non-Qualified Stock Option to purchase Common Stock granted under this Agreement. 
 Section 1.12. “Person” shall mean an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture,
governmental authority or other entity of whatever nature. 
 Section 1.13. “Principal Stockholders” shall mean
(a) LYN Holdings LLC “LLC”) and any general or limited partner or member of LLC (an “LLC Partner”), (b) any corporation, partnership, limited liability company or other entity that is an Affiliate of LLC
or any LLC Partner (including without limitation any applicable coinvest vehicle established following the date hereof) (collectively, the “LLC Affiliates”), (c) any managing director, member, general partner, director, limited
partner, officer or employee of (i) LLC, (ii) any LLC Partner or (iii) any LLC Affiliate, or the heirs, executors, administrators, testamentary trustees, legatees or beneficiaries of any of the foregoing Persons referred to in this
clause (c) (collectively, the “LLC Associates”), (d) any trust, the beneficiaries of which, or 

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corporation, limited liability company or partnership, the stockholders, members or general or limited partners of which, include only LLC Stockholders, LLC
Partners, LLC Affiliates, LLC Associates, their spouses or their lineal descendants; and (e) a voting trustee for LLC or one or more LLC Affiliates, LLC Partners or LLC Associates; provided that in no event shall the Company or any
subsidiary be considered an LLC Partner, LLC Affiliate, or LLC Associate and provided, further, that an underwriter or other similar intermediary engaged by the Company in an offering of the Company’s debt or equity securities or
other instruments shall not be deemed a Principal Stockholder with respect to such engagement. 
 Section 1.14. “Proceeds” shall mean the aggregate fair market value of the consideration received (excluding any management or similar fees) by the Principal Stockholders in connection with a Change in Control,
after taking into account all post closing adjustments, and assuming exercise of all options and warrants outstanding as of the effective date of such Change in Control (after giving effect to different dates of investment, if any, and after giving
effect to any dilution of securities or instruments arising in connection with such Change in Control); provided however, that if the Principal Stockholders retain any Investment or portion thereof following such Change in Control, the
fair market value of such Investment (or portion) immediately following such Change in Control shall be deemed “consideration received” for purposes of calculating the Proceeds, and provided further that the fair market value
of any non-cash consideration (including stock) shall be determined as of the date of such Change in Control. 
 Section 1.15. “Target Amount” shall mean, with respect to any Investment, a dollar amount representing: 
 (a) 2.5 times the amount of such Investment, and 
 (b) A 30% Investor Return on such Investment. For purposes of calculating the
Target Amount: 
 (x) The amount of an Investment shall be the amount paid by such Principal Stockholder to any Person (including, without
limitation, the Company, any Subsidiary, or any underwriter) for the purchase of debt and equity securities or instruments; provided that if such Principal Stockholder shall have acquired such debt and equity securities or instruments directly from
another Principal Stockholder or through an uninterrupted series of Principal Stockholders, the amount of such Investment shall be the amount initially paid to purchase such debt and equity securities or instruments from a Person other than a
Principal Stockholder; and 
 (y) The initial date of an Investment shall be the date such Principal Stockholder purchased such debt and
equity securities or instruments from any Person (including, without limitation, the Company, any Subsidiary, or any underwriter); provided that if such Principal Stockholder acquired such debt and equity securities or instruments directly from
another Principal Stockholder or through an uninterrupted series of Principal Stockholders, the initial date of such Investment shall be the date such debt and equity securities or instruments were initially acquired from a Person other than a
Principal Stockholder. 
 ARTICLE II 
 GRANT OF OPTION 
 Section 2.1. Grant of Option. In consideration of the
Optionee’s agreement to enter into or remain in the employ of the Company or one of its Subsidiaries, and for other good and valuable consideration, as of the Grant Date, the Company irrevocably grants to the Optionee the Option to purchase any
part or all of an aggregate of [NUMBER] shares of Common Stock upon the terms and conditions set forth in the 2007 Plan and this Agreement. 

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 Section 2.2. Option Subject to Plan. The Option granted hereunder is subject to the
terms and provisions of the 2007 Plan, including without limitation, Article V and Sections 7.1, 7.2 and 7.3 thereof. 
 Section 2.3. Option Price. The purchase price of the shares of Common Stock covered by the Option shall be $[AMOUNT] per share (without commission or other charge) (which is not less than the Fair Market Value per share of
Common Stock as of the Grant Date). 
 ARTICLE III 
 EXERCISABILITY 
 Section 3.1. Commencement of Exercisability 
 (a) Subject to subsection (e) and Section 3.3, 25% of the Option shall become exercisable in four equal and cumulative installments provided
that the Optionee remains continuously employed in active service by the Company from the Grant Date through such date as follows: 
 (i) The first installment shall consist of 6.25% of the shares covered by the Option and shall become exercisable on the first anniversary of the Grant Date; 
 (ii) The second installment shall consist of 6.25% of the shares covered by the Option and shall become exercisable on the second
anniversary of the Grant Date; 
 (iii) The third installment shall consist of 6.25% of the shares covered by the Option and
shall become exercisable on the third anniversary of the Grant Date; and 
 (iv) The fourth installment shall consist of 6.25%
of the shares covered by the Option and shall become exercisable on the fourth anniversary of the Grant Date. 
 (b) Subject to subsections
(c) and (e) and Section 3.3, 75% of the shares subject to the Option shall become fully exercisable on the day immediately preceding the eighth anniversary of the Grant Date provided that the Optionee remains continuously employed in
active service by the Company from the Grant Date through such date. 
 (c) Notwithstanding subsection (b) but subject to subsection
(e) and Section 
 (i) An installment consisting of 18.75% of the shares covered by the Option shall become exercisable
on, or within 120 days following, December 31 of each calendar year 2007 through 2010, if the Annual Equity Value Creation Target for each such year (as set forth on Schedule A) is achieved for such year. 
 (ii) If the Annual Equity Value Creation Target as of the end of any calendar year 2007 through 2010 is not achieved for the given year (a
“Missed Year”), that portion of the Option that was subject to accelerated exercisability pursuant to Section 3.1(c)(i) with respect to such Missed Year shall become exercisable on, or within 120 days following, the first
December 31 thereafter as of which the Cumulative Equity Value Creation Target for such subsequent year is achieved. 

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 (d) The Committee shall make the determination as to whether the respective Annual and Cumulative Equity
Value Creation Targets have been met, and shall determine the extent, if any, to which the Option has become exercisable, on any such date as the Committee in its sole discretion shall determine; provided, however, that with respect to each calendar
year such date shall not be later than the 120th day following December 31 of such calendar year. 
 (e) Notwithstanding the foregoing
provisions of this Section 3.1, but subject to Section 3.3, upon a Change in Control through which the Principal Stockholders receive Proceeds greater than or equal to the sum of the Target Amounts with respect to all Investments, the
Option shall become fully vested and exercisable immediately prior to the effective date of such Change in Control. 
 (f) No portion of the
Option which is unexercisable at Termination of Employment shall thereafter become exercisable. 
 Section 3.2. Duration of
Exercisability. The installments provided for in Section 3.1 are cumulative. Each such installment which becomes exercisable pursuant to Section 3.1 shall remain exercisable until it becomes unexercisable. 
 Section 3.3. Expiration of Option. The Option may not be exercised to any extent by anyone after the first to occur of the following
events: 
 (a) The tenth anniversary of the Grant Date; or 
 (b) Except as the Committee may otherwise approve, the 180th day following the date of the Optionee’s Termination of Employment for any reason other than (i) termination by the Company for Cause or due to
Disability; or (ii) the Optionee’s death; or 
 (c) Except as the Committee may otherwise approve, the date of the Optionee’s
Termination of Employment by reason of termination by the Company for Cause; or 
 (d) In the case of a Termination of Employment by the
Company due to Disability or as a result of the Optionee’s death, the expiration of 12 months from the date of the Optionee’s Termination of Employment; or 
 (e) The occurrence of a Change in Control, provided that any portion of the Option which is exercisable as of the occurrence of the Change in Control may be exercised concurrently therewith. 
 Section 3.4. Partial Exercise. Any exercisable portion of the Option or the entire Option, if then wholly exercisable, may be exercised
in whole or in part at any time prior to the time when the Option or portion thereof becomes unexercisable; provided, however, that each partial exercise shall be for not less than 100 shares and shall be for whole shares only. 
 Section 3.5. Exercise of Option. The exercise of the Option shall be governed by the terms of this Agreement and the terms of the 2007
Plan, including, without limitation, the provisions of Article V of the 2007 Plan. 

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 ARTICLE IV 
 OTHER PROVISIONS 
 Section 4.1. Not a Contract of Employment. Nothing in this
Agreement or in the 2007 Plan shall confer upon the Optionee any right to continue in the employ of the Company or any of its Subsidiaries or shall interfere with or restrict in any way the rights of the Company or its Subsidiaries, which are hereby
expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause, except as may otherwise be provided by any written agreement entered into by and between the Company and the Optionee. 
 Section 4.2. Shares Subject to Plan and Stockholders Agreement. The Optionee acknowledges that any shares acquired upon exercise of the
Option are subject to the terms of the 2007 Plan and the Stockholders Agreement including, without limitation, the restrictions set forth in Section 5.6 of the 2007 Plan. 
 Section 4.3. Construction. This Agreement shall be administered, interpreted and enforced under the internal laws of the State of
Delaware, without regard to the principles of conflicts of law thereof, or principles of conflicts of law of any other jurisdiction which could cause the application of the laws of any jurisdiction other than the State of Delaware. 
 Section 4.4. Conformity to Securities Laws. The Optionee acknowledges that the 2007 Plan is intended to conform to the extent necessary
with all provisions of the Securities Act and the Exchange Act and any and all regulations and rules promulgated thereunder by the Securities and Exchange Commission, including without limitation Rule 16b-3. Notwithstanding anything herein to the
contrary, the 2007 Plan shall be administered, and the Option is granted and may be exercised, only in such a manner as to conform to such laws, rules and regulations. To the extent permitted by applicable law, the 2007 Plan and this Agreement shall
be deemed amended to the extent necessary to conform to such laws, rules and regulations. 
 Section 4.5. Amendment, Suspension
and Termination. The Option may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Committee or the Board, provided that, except as provided by Section 7.1 of the 2007 Plan,
neither the amendment, suspension nor termination of this Agreement shall, without the consent of the Optionee, alter or impair any rights or obligations under the Option. 
 [signature page follows] 

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 IN WITNESS WHEREOF, this Agreement has been executed and delivered by the parties hereto. 
  

			
	LYN HOLDINGS CORP.
		
	By:	 	  

	Its:	 	  

	
	  

	NAME
	
	Residence Address:
	  

	  

 Optionee’s Social Security Number:Transaction and Advisory Fee Agreement

 Exhibit 10.9 
 THIS TRANSACTION AND ADVISORY FEE AGREEMENT (this “Agreement”), dated as of May 31, 2007, is entered into by and among Neff Corp., a Delaware corporation (the
“Company”), Lightyear Capital LLC, a Delaware limited liability company (the “Lightyear Manager”), Norwest Equity Partners VIII, LP, a Delaware limited partnership (the “Norwest
Manager”) and General Electric Pension Trust, a New York common law trust (the “GE Manager”, and collectively with the Lightyear Manager and the Norwest Manager, the “Managers”) .

 W I T N E S S E T H: 
 WHEREAS, the Managers have expertise in the areas of finance, strategy, investments and acquisitions relating to the Company and its business and have
facilitated the transactions contemplated by that certain Agreement and Plan of Merger, dated as of March 31, 2007 (the “Merger Agreement”), by and among Neff Corp., LYN Holdings LLC (“LYN
Holdings”), LYN Holdings Corp. and LYN Acquisition Corp., and certain other related transactions (collectively, the “Transactions”) through their provision of financial and structural analysis, due diligence
investigations, operational review and other advice and negotiation assistance with all relevant parties to the Transactions; 
 WHEREAS, the
Company believes that having Lightyear Fund II, L.P. (an affiliate of the Lightyear Manager), the Norwest Manager and other affiliated investment funds of the GE Manager (collectively, the “Funds”) as indirect stockholders of
the Company will be of substantial benefit to the Company and that the Managers’ provision of the activities described above has been of substantial benefit to the Company and warrants payment of the fees described in this Agreement. The
Company also desires to avail itself, for the term of this Agreement, of the expertise of the Managers in these areas, and the Managers are willing to provide the services to the Company as set forth in this Agreement in consideration of the payment
of the fees described below; and 
 WHEREAS, the rendering by the Managers of the services described in this Agreement and the investments by
the Funds, as described above, is being made on the basis that the Company will pay the fees described below. 
 NOW THEREFORE, in
consideration of the mutual promises contained herein, the parties hereto, intending to be legally bound, do hereby agree as follows: 
 SECTION 1. Transaction and Advisory Fee. In consideration of the Lightyear Manager undertaking the financial and structural analysis, due diligence investigation, operational review, other advice and negotiation
assistance necessary in order to enable the Transactions to be consummated and to enable the Lightyear Fund II, L.P. to acquire indirect interests in the Company, the Company will pay to the Lightyear Manager, by wire transfer of immediately
available funds to the bank account designated by the Lightyear Manager in writing prior to the date on which such payment is to be made, an aggregate transaction and advisory fee of $2,500,000 payable at the Closing (as such term is defined in the
Agreement). 

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 SECTION 2. Appointment.The Company appoints the Managers to render the
monitoring, advisory and consulting services described in Section 3 (the “Services”) for the term of this Agreement. 
 SECTION 3. Services. The Managers each agree that during the term of this Agreement, they will render to the Company, by and through themselves, their respective affiliates and their respective officers, employees
and representatives as each Manager in its sole discretion may designate from time to time, monitoring, advisory and consulting services in relation to the affairs of the Company and its subsidiaries, including, without limitation, (a) advice
regarding the structure, terms, conditions and other provisions, distribution and timing of debt and equity offerings and advice regarding relationships with the Company’s and its subsidiaries’ lenders and bankers, (b) advice
regarding the strategy of the Company, (c) advice regarding dispositions or acquisitions and (d) such other advice directly related or ancillary to the above financial advisory services as may be reasonably requested by the Company. It is
expressly agreed that the services to be performed hereunder will not include investment banking or other financial advisory services rendered by the Managers or their affiliates to the Company in connection with any specific acquisition,
divestiture, refinancing or recapitalization by the Company or any of its subsidiaries. The Managers may be entitled to receive additional compensation for providing services of the type specified in the preceding sentence by mutual agreement of the
Company or such subsidiary and the Managers or their relevant affiliates. 
 SECTION 4. Advisory Fee.
 (a) In consideration of the Services being provided by the Managers, the Company will pay to each Manager an aggregate annual fee (the
“Advisory Fees”) set forth opposite each such Manager’s name on Schedule A hereto in cash. The Advisory Fees will be payable quarterly in advance on the first day of each quarter, by wire transfer in same-day funds to
the bank account designated by each Manager, commencing at the Effective Date (as defined below) and continuing through the Termination Date (as defined below). Any Advisory Fees for the first calendar year of this Agreement will be prorated for the
period of such year commencing at the Effective Date. Any Advisory Fees for the last calendar year of this Agreement will be prorated for the period of such year ending on the Termination Date. 
 (b) To the extent the Company cannot pay the Advisory Fees for any reason, including by reason of the restrictions imposed in connection with any debt
financing of the Company or its subsidiaries, the payment by the Company to each Manager of such Manager’s accrued and payable Advisory Fee will be deferred until the earlier of (i) total or partial liquidation, dissolution or winding up
of the Company, any bankruptcy, reorganization, insolvency, receiver or similar proceeding relating to the Company or its assets and (ii) the first date of payment of such deferred Advisory Fee that is not otherwise prohibited under any
contract applicable to the Company and that is otherwise able to be made. Any installment of an Advisory Fee not paid on the scheduled due date will bear interest at an annual rate of ten percent (10%), compounded quarterly, from the date due until
paid. 
 (c) In the event the Company enters into an acquisition or business combination transaction with another entity that is large enough
to constitute a “significant subsidiary” of the Company under any of the relevant tests contained in Regulation S-X as promulgated by the 

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Securities and Exchange Commission (“SEC”), the Company and the Managers will mutually agree, following good faith negotiations, on
an appropriate increase in the Advisory Fee as warranted by the increase in the Company’s size. Such increase will be based on the percentage increase in the Company’s EBITDA (as customarily defined) determined on a pro forma basis giving
effect to such business combination transaction. 
 SECTION 5. Reimbursements. In addition to the fees payable pursuant to
this Agreement, the Company will pay directly or reimburse the Managers, the Funds and their respective affiliates for their respective Out-of-Pocket Expenses (as defined below). For the purposes of this Agreement, the term “Out-of-Pocket
Expenses” means the reasonable out-of-pocket costs and expenses incurred by the Managers, the Funds and their respective affiliates in connection with the Transactions and the Services rendered under this Agreement, or in order to make
SEC and other legally required filings relating to the Managers’ or the Funds’ ownership of capital stock of the Company or its successor, or otherwise incurred by the Managers, the Funds and their respective affiliates from time to time
in the future in connection with the Services, including, without limitation, (a) fees and disbursements of any independent professionals and organizations, including independent accountants, outside legal counsel or consultants, retained by
the Managers, the Funds or any of their respective affiliates, (b) costs of any outside services or independent contractors such as financial printers, couriers, business publications, on-line financial services or similar services, retained by
the Managers, the Funds or any of their respective affiliates and (c) transportation, per diem costs, word processing expenses or any similar expense not associated with its or its affiliates’ ordinary operations. All payments or
reimbursements for Out-of-Pocket Expenses will be made by wire transfer in same day funds to the bank account designated by the relevant Manager or its relevant affiliate within 30 days following written request for reimbursement in accordance with
this Agreement, together with reasonable supporting documentation thereof, to the account indicated to the Company by the relevant payee. 
 SECTION 6. Indemnification. The Company agrees to indemnify and hold harmless the Managers, their affiliates and their respective partners (both general and limited), members (both managing and otherwise), officers,
directors, employees, agents and representatives (each such person being an “Indemnified Party”) from and against any and all losses, claims, damages and liabilities, whether joint or several (the
“Liabilities”), related to, arising out of or in connection with (including prior to the Effective Time) the Services contemplated by this Agreement or the engagement of the Managers pursuant to, and the performance by the
Managers of the Services contemplated by, this Agreement, whether or not pending or threatened, whether or not an Indemnified Party is a party, whether or not resulting in any liability and whether or not such action, claim, suit, investigation or
proceeding is initiated or brought by (or on behalf of) the Company. The Company agrees to reimburse any Indemnified Party for all reasonable costs and expenses (including reasonable attorneys’ fees and expenses) as they are incurred in
connection with investigating, preparing, pursuing, defending or assisting in the defense of any action, claim, suit, investigation or proceeding for which the Indemnified Party would be entitled to indemnification under the terms of the previous
sentence, or any action or proceeding arising therefrom, whether or not such Indemnified Party is a party thereto. The Company will not be liable under the foregoing indemnification provision with respect to any particular loss, claim, damage,
liability, cost or expense of an Indemnified Party that is determined by a court, in a final judgment from which no further appeal may be taken, to have 

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resulted primarily from the gross negligence or willful misconduct of such Indemnified Party. The attorneys’ fees and other expenses of an Indemnified
Party will be paid by the Company as they are incurred upon receipt, in each case, of an undertaking by or on behalf of the Indemnified Party to repay such amounts if and to the extent it is finally judicially determined that the Liabilities in
question resulted primarily from the gross negligence or willful misconduct of such Indemnified Party. 
 SECTION 7. Accuracy of
Information. The Company will furnish or cause to be furnished to the Managers such information as the Managers believes reasonably appropriate to its monitoring, advisory and consulting services hereunder and to comply with SEC or other
legal requirements relating to the ownership by the Funds of the capital stock of the Company (all such information so furnished, the “Information”), provided that no Manager shall be entitled to receive more Information than
it is entitled to receive from the Company pursuant to the Limited Liability Company Agreement for LYN Holdings LLC. The Company recognizes and confirms that the Managers (a) will use and rely primarily on the Information and on information
available from generally recognized public sources in performing the Services contemplated by this Agreement without having independently verified the same, (b) do not assume responsibility for the accuracy or completeness of the Information
and such other information and (c) are entitled to rely upon the Information without independent verification. 
 SECTION
8. Term of Agreement. This agreement will be effective (the “Effective Date”) as of the Closing (as defined in the Merger Agreement). At the Effective Date, the Company will make the payments to the Managers
pursuant to Sections 1 and 4 by wire transfer of immediately available funds to the bank accounts designated by the Managers in writing prior to the Effective Date. This Agreement will continue until the “Termination
Date” with respect to each Manager, which is the earliest of (a) the date on which such Manager owns, directly or indirectly, less than 5% of the number of shares of common stock then outstanding, (b) when the period covered
by the prepayment of the Advisory Fees in accordance with Section 4(d) ends and (c) such earlier date as the Company and such Manager may mutually agree upon, except that Section 4 will remain in effect after that with respect to
Out-of-Pocket Expenses that were incurred prior to or within a reasonable period of time after the Termination Date but have not been paid to any Manager in accordance with Section 4. The provisions of Sections 4(b), 4(d), 6, 7 and 9 will
survive the termination of this Agreement. 
 SECTION 9. Permissible Activities. Subject to applicable law, nothing herein
will in any way preclude any Manager, its affiliates (other than the Company or its subsidiaries and their respective employees) or their respective partners (both general and limited), members (both managing and otherwise), officers, directors,
employees, agents or representatives from engaging in any business activities or from performing services for its or their own account or for the account of others, including for companies that may be in competition with the business conducted by
the Company. 
 SECTION 10. Miscellaneous. No amendment or waiver of any provision of this Agreement, or consent to any
departure by any party hereto from any such provision, will be effective unless it is in writing and signed by the parties hereto. Any amendment, waiver or consent will be effective only in the specific instance and for the specific purpose for
which given. The waiver by any party of any breach of this Agreement will not operate as or be construed to be a waiver by such party of any subsequent breach. 

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 (b) Any notices or other communications required or permitted hereunder will be sufficiently given if
delivered personally or sent by facsimile with confirmed receipt, or by overnight courier, addressed as follows or to such other address of which the parties may have given written notice: 
  

					
		 	If to the Lightyear Manager:
		
		 	 Lightyear Capital, LLC
 375 Park
Avenue
 New York, NY 10152
 Attention: Lori J. Forlano

Facsimile: (212) 358-0516

		
		 	with a copy to:
		
		 	Simpson Thacher & Bartlett LLP
		 	425 Lexington Avenue
		 	New York, New York 10017
		 	Attention:	 	Caroline B. Gottschalk
		 	Facsimile:	 	(212) 455-2502
		 	E-Mail:	 	cgottschalk@stblaw.com
		
		 	If to the Norwest Manager:
		
		 	Norwest Equity Partners VIII, LP
		 	80 South 8th St.
		 	3600 IDS Center
		 	Minneapolis, MN 55402
		 	Attention:	 	John P. Whaley
		 		 	Todd Solow
		 	Facsimile:	 	(612) 215-1601
		
		 	If to the GE Manager:
		
		 	General Electric Pension Trust
		 	c/o GE Asset Management Incorporated
		 	3001 Summer Street
		 	Stamford, CT 06905
		 	Attention:	 	Dave Wiederecht
		 		 	Daniel L. Furman
		 	Fax:	 	(203) 326-4073
		 		 	(203) 356-3215
		 	Email:	 	david.wiederecht@corporate.ge.com
		 		 	daniel.furman@corporate.ge.com

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		 	If to Parent or Acquisition:
		
		 	Neff Corp
		 	3750 N.W. 87th Avenue
		 	Suite 400
		 	Miami, Florida 33178
		 	Attention:	 	Mark Irion, Chief Financial Officer
		 	Facsimile:	 	(305) 513-4155
		 	E-Mail:	 	mirion@neffcorp.com

 Unless otherwise specified herein, such notices or other communications will be deemed received (i) on the
date delivered, if delivered personally or sent by facsimile with confirmed receipt, and (ii) one business day after being sent by overnight courier. 
 (c) This Agreement will constitute the entire agreement between the parties with respect to the subject matter hereof, and will supersede all previous oral and written (and all contemporaneous oral) negotiations,
commitments, agreements and understandings relating to the subject matter of this Agreement. 
 (d) This Agreement will be governed by, and
construed in accordance with, the laws of the State of New York. 
 (e) The provisions of this Agreement will be binding upon and inure to
the benefit of the parties hereto and their permitted assigns and their respective successors, but may not be assigned by any party without the prior written consent of the others; provided, however, that each Manager may elect to have its
obligations hereunder performed in whole or in part by any other entity that is an affiliate of such Manager, and each Manager may direct that any compensation (including all or a portion of the Advisory Fee) and reimbursement of expenses be paid to
the affiliate performing the services hereunder with respect thereto. Subject to the next sentence, no Person other than the parties hereto and their successors and permitted assigns is intended to be a beneficiary of this Agreement. The parties
acknowledge and agree that the Funds and their affiliates and that each Manager’s, the Funds’ and their respective affiliates’ partners (both general and limited), members (both managing and otherwise), officers, directors, employees,
agents and representatives are intended to be third-party beneficiaries under Sections 5 and 6 of this Agreement. 
 (f) This Agreement may
be executed by one or more parties to this Agreement on any number of separate counterparts, and all of said counterparts taken together will be deemed to constitute one and the same instrument. 
 (g) Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction will, as to such jurisdiction, be ineffective to the extent
of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction will not invalidate or render unenforceable such provision in any other jurisdiction.

 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed and delivered by their duly
authorized officers or agents as of the date first above written. 
  

					
	NEFF CORP.	 	
			
	 By:
	 	 /s/ Mark Irion
	 	
	 Name:
	 	 Mark Irion
	 	
	 Title:
	 	 Chief Financial Officer
	 	

 8 
  

			
	LIGHTYEAR CAPITAL LLC
		
	 By:
	 	 /s/ Tim Kacani

	 Name:
	 	 Tim Kacani

	 Title:
	 	 Chief Financial Officer

 9 
  

			
	NORWEST EQUITY PARTNERS VIII, LP
		
	By:	 	ITASCA PARTNERS VIII, LP
		 	Its General Partner
		
	By:	 	 /s/ John L. Thomson

	Name:	 	John L. Thomson
	Title:	 	Member

 10 
  

			
	GENERAL ELECTRIC PENSION TRUST
		
	By:	 	GE Asset Management Incorporated,
		 	its Investment Manager
		
	By:	 	 /s/ David W. Wiederecht

	Name:	 	David W. Wiederecht
	Title:	 	Vice President

 SCHEDULE A 
  

				
	 Manager
	  	Annual Advisory Fee
	 Lightyear Manager
	  	$	2,000,000
		
	 Norwest Manager
	  	$	250,000
		
	 GE Manager
	  	$	250,000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}]]