Document:

ex10_1.htm

Exhibit 10.1

 

CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AS INDICATED BY [REDACTED] AND SEPARATELY FILED WITH THE COMMISSION.

	
North American Fleet, Lease
	
16800 Executive Plaza Dr.

	
& Remarketing Operations
	
Regent Court Bldg., 6N-1A

	  	
Dearborn, MI 48126

	  	  
	  	
August 14, 2009

	
To:
	
Mike Schmidt, Vice President – Fleet Services

Avis Budget Car Rental, LLC

Subject: Avis Budget Car Rental 2010 Model Year Program Letter

This Avis Budget Car Rental, LLC 10 Model Year Program Letter (the "Program Letter") will confirm the agreement reached between Avis Budget Car Rental, LLC ("ABCR"), its affiliates and all entities it controls and Ford Motor Company ("Ford"), (the "Parties") pursuant to the 2008-2011 [REDACTED] Agreement
(“Agreement”) regarding Acquisition of Ford Vehicles for the 2010 Acquisition Year (AY) by ABCR.  As agreed by both Parties, [REDACTED] in this Program and Ford will work directly with [REDACTED].

This Program Letter is subject to the terms of the Agreement, and to the extent of any inconsistency between this Program Letter and the Agreement, the Agreement shall control.  Terms used in this Letter that are defined in the Agreement shall have the meaning set forth in the Agreement.  Other than those items specifically
identified in this Program Letter, all terms and conditions announced in related communications from Ford to ABCR regarding Ford's 2010 Model Daily Rental Repurchase Program and Ford's 2010 Model Daily Rental Long Term Risk Program (the "Program Communications"), which are also subject to the Agreement, control.  Terms used in this letter that are defined in such Program Communications shall have the meaning set forth in the Program Communications.

Like Kind Exchange Notification

Ford is hereby notified that ABCR and its subsidiaries, AESOP Leasing L.P. (“AESOP Leasing”), Avis Rent A Car System, LLC (“Avis”) and Budget Rent A Car System, Inc. (“Budget”), have engaged AESOP Exchange Corporation as a qualified intermediary (“QI”) for the purpose of facilitating a like kind
exchange program under Section 1031 of the Internal Revenue Code of 1986, as amended.  As such, ABCR, AESOP Leasing, Avis and Budget have assigned to AESOP Exchange Corporation, acting in its capacity as QI, all of their rights, but not their obligations, in any existing manufacturer purchase agreements they may have with Ford for the purchase of replacement Vehicles and/or the repurchase of relinquished Vehicles.  This notification will apply to all future purchases of replacement Vehicles
and/or the repurchases of relinquished Vehicles unless specifically excluded in writing.

[REDACTED] Agreement

As outlined in paragraph [REDACTED] of the Agreement, it is agreed an [REDACTED] Agreement shall not apply for calendar year 2010.

 

  

  

  

Page 2 of 6      

Purchase Volume & Timing

ABCR agrees to Acquire a Projected Annual Volume of [REDACTED] 2010 AY Ford Vehicles from the dealers of their choice in the United States.  ABCR agrees that for the 2010 Acquisition year only, notwithstanding any language to the contrary in the Agreement, this Projected Annual
Volume of [REDACTED].  Ford agrees to make efforts to allocate a minimum of [REDACTED] 2010 AY Vehicles under the terms and conditions of Ford’s 2010 Model Daily Rental Repurchase Program and Ford’s 2010 Model Daily Rental Long Term Risk Program.  ABCR agrees to order a minimum [REDACTED] Vehicles from Ford for production
prior to December 15, 2009, or an amount different from [REDACTED] if such amount is mutually agreed upon by the Parties.  In consideration of annual purchase volume timing, Acquisition Year as defined in the Agreement may be ended prior to August 31, 2010 as mutually agreed by both parties.

ABCR agrees to acquire Ford Vehicles in the mix outlined on Attachment I “Program Summary” attached hereto and incorporated herein.

The Parties hereto acknowledge and agree that the Agreement, this Program Letter, and the Program Communications relating to the acquisition by ABCR or its affiliates from Ford, and the repurchase by Ford, of Ford Vehicles (including model or program years other than 2010) shall constitute a single contract among the parties for all purposes,
including in the event of a bankruptcy filing by any of the Parties.

Payments

Payments to ABCR are described below and outline on Attachment II “Payment Summary” attached hereto and incorporated herein.

[REDACTED]:  The annual [REDACTED] will be a [REDACTED] plus the agreed upon [REDACTED] according to the Agreement.  This
will be paid pursuant to the Agreement via EFT.    ABCR agrees that if by June 1, 2010 it fails to have all [REDACTED] orders submitted into the Ford System and if such orders are not purchased by August 31, 2010, ABCR shall repay to Ford [REDACTED] made by Ford during the period of December 1, 2009– June 1, 2010.

[REDACTED]:  Pursuant to the Agreement, the [REDACTED] will apply to all acquisitions of Ford vehicles (excluding hybrids) by ABCR exceeding [REDACTED] total volume.

[REDACTED] ordered by ABCR will receive [REDACTED] per Vehicle for a total of [REDACTED].

[REDACTED] as outlined on Attachment II “Payment Summary” attached hereto and incorporated herein.  This payment will be made [REDACTED] following the
sale date.  [REDACTED] when the Vehicles are returned.

Acquisition Year Definition and Order Timing:  The 2010 Acquisition Year (AY) is defined in the 2010 Model Daily Rental Repurchase Program and 2010 Model Long Term Rental Program and detailed in Attachment VIII "Program Year
Volume" attached hereto and incorporated herein.

  

  

  

Page 3 of 6      

Risk Program

ABCR agrees to purchase [REDACTED] Risk Vehicles from Ford in the 2010 AY as outlined on Attachment I “Program Summary” [REDACTED] with mutual consent on volume
and mix.   Vehicle mix and incentives are outlined on Attachment I “Program Summary and Attachment III "Risk Incentives" attached hereto and incorporated herein.  In order to be eligible for the enhanced portion of the Risk Incentives (the "Enhanced Incentive") ABCR agrees to adhere to minimum specifications detailed on Attachment IV "Minimum Risk Specifications" attached
hereto and incorporated herein.  It is understood if the minimum risk specifications are not ordered the Risk Incentive will be reduced or may be eliminated.

[REDACTED] and are subject to incentive changes.  ABCR may choose to purchase [REDACTED].

All Risk Vehicles must be ordered with Fleet Identification Number (FIN) and option code 56K unless both parties mutually agree [REDACTED].  Risk incentive payments will be made monthly through the automated competitive allowance payment system.  Risk Vehicles [REDACTED] with
the exception of any equipment changes or reconfigurations that affect the price.

Guaranteed Auction Value (GAV) Program Description

Ford and ABCR agree that the terms and conditions of the GAV Program shall be the same as the terms and conditions set forth in the 2010 Model Daily Rental Repurchase Program as amended by this Program Letter, except as follows:

a.           All references to "Repurchase" or "Repurchase Program" shall be deleted and replaced by "Guaranteed Auction Value," "GAV" or "Guaranteed Auction Value Program."  The terms "Guaranteed Auction Value" and "GAV" shall have the same meaning and shall be used interchangeably.

b.           The GAV shall be equal to the Repurchase Settlement Amount as defined in the Repurchase Programs and will be paid to ABCR in two separate transactions:  (1) the first payment will consist of Net Auction Proceeds and be paid by the Ford Sponsored Auction to ABCR
as directed by ABCR; and (2) the second payment will consist of a GAV Supplement Amount ("GAVSA") to be paid by Ford on the Wednesday of the week following the sale of vehicles at the Ford Sponsored Auction.  The GAVSA shall be determined by calculating the GAV, deducting net auction proceeds and adding the interest reimbursement amount set forth in 2.c below.

c.           To reimburse ABCR for interest expense on vehicles held for sale at Ford Sponsored Auctions more than [REDACTED] days from Acceptance Date, an interest reimbursement amount will be included in the GAVSA as follows:

·           [REDACTED] Days           [REDACTED]

·           [REDACTED] Days           [REDACTED]

·           [REDACTED] Days           [REDACTED]

  

  

  

Page 4 of 6      

	
  
	
d.
	
           Title to GAV vehicles will remain in the name of ABCR until the auction sale date at which time ABCR will transfer title, or cause title to be transferred, to the purchasing dealer.

	
  
	
e.
	
           On the [REDACTED] day after the Acceptance Date, vehicles not sold at a Ford Sponsored Auction will be repurchased by Ford and Ford will pay ABCR the Repurchase Settlement Amount set forth in the applicable Ford Repurchase Program for such model year.  In addition to the Repurchase Settlement
Amount, Ford will also pay the interest reimbursement amount set forth in section 2.c herein.

	
  
	
f.
	
           Notwithstanding anything to the contrary in the Repurchase Programs, as of the date of this Program Letter Ford shall be under no further obligation to repurchase vehicles except as set forth herein.

	
  
	
g.
	
           The Parties agree that this Program Letter amends the Ford 2009 Model Daily Rental Repurchase Program.  Except as specifically amended herein, all other terms and conditions in the 2010 Model Daily Rental Repurchase Program remain in effect.

GAV Program

ABCR agrees to purchase [REDACTED] Guaranteed Auction Value (GAV) Vehicles from Ford in the 2010 AY as outlined on Attachment I “Program Summary” unless both parties mutually agree [REDACTED],
in which case the GAV volume [REDACTED].   As part of the ABCR GAV Program, Ford agrees to the below described enhancements to the announced 2010 Model Repurchase Program.  The ABCR Guaranteed Auction Value Program details are outlined on Attachment V "GAV Program Detail” " attached hereto and incorporated herein and is similar to previous years with a tiered program.

	
  
	
·
	
[REDACTED]

	
  
	
·
	
ABCR GAV volume will be ordered as 100% Days-In-Service Program 56Z (less any HI Vehicles 56G).

Days-In Service Program – Order Code 56Z (Overall Description)

	
  
	
·
	
The 2010 Days-In-Service Program (order code 56Z and not transferable to other program codes) the program has minor changes from the 09 [REDACTED] program and the changes are detailed below.  Program details are detailed on Attachment V "GAV Program Detail" and rates / availability are outlined
on Attachment I "Program Summary". Mustang continues to be the only model that has a surcharge applied to the monthly depreciation rate based on the month of vehicle acceptance and is outlined on Attachment VI "Return Schedule".

  

  

  

Page 5 of 6      

	
  
	
§
	
[REDACTED] days – [REDACTED] days

Econoline and Flex Mileage [REDACTED]

	
  
	
§
	
[REDACTED] days – [REDACTED] days

Econoline and Flex Mileage [REDACTED]

	
  
	
§
	
[REDACTED] days – [REDACTED] days

Reduced MOSD to [REDACTED] months from [REDACTED] months

Econoline and Flex Mileage [REDACTED]

	
  
	
§
	
[REDACTED] days – [REDACTED] days ([REDACTED] months)

In Service changed to [REDACTED] months from [REDACTED] months

Removed Max Scheduled return date and [REDACTED] penalty

	
  
	
§
	
[REDACTED] days – [REDACTED] days ([REDACTED] months)

No Changes

[REDACTED] will assume all the same guidelines [REDACTED] including any associated surcharge based on acceptance date [REDACTED].

[REDACTED]

	
  
	
·
	
[REDACTED]

	
  
	
·
	
[REDACTED] are set forth on Attachment VII [REDACTED] attached hereto and incorporated herein.

	
  
	
·
	
Any vehicle tendered for sale/repurchase, and rejected for any reason [REDACTED].

	
  
	
·
	
Vehicles must be ordered as GAV with order code 56 G or Z.

	
  
	
·
	
To claim [REDACTED] (regardless of AY) submit VINs through Ford's fleet website.

	
  
	
·
	
[REDACTED] must be claimed prior to the vehicle exceeding 180 days past the Maximum-Out-of-Service-Date (MOSD).

	
  
	
·
	
Claims submitted prior the 15th of the month will be paid at the end of the month; claims submitted after the 15th will be paid at the end of the next month.

	
  
	
·
	
[REDACTED] claims made in error can be reversed but will be charged [REDACTED] per annum interest from the claim date to the repayment date.

	
  
	
·
	
ABCR may claim [REDACTED] once the vehicle is delivered and after January 4, 2010.  ABCR will submit Vehicle Identification Numbers (VINs) as in the past through the Ford web site.  If the VIN is submitted prior to the 15th of
the month it will be paid on the Wednesday following the last Saturday of the month.

Post Acceptance Chargeback

	
  
	
·
	
If Ford accepts a returned vehicle, the vehicle will not be subject to future chargeback for undetected issues except for oil sludge and title issues.

Recap of 2009 AY Attachments

	
Attachment I
	
Program Summary

	
Attachment II
	
Payment Summary

	
Attachment III
	
Risk Incentives

	
Attachment IV
	
Minimum Risk Specifications

	
Attachment V
	
GAV Program Detail

	
Attachment VI
	
Return Schedule

	
Attachment VII
	
[REDACTED]

	
Attachment VIII
	
Program Year Volume

	
Attachment IX
	
Calendar Year Volume

This rental program and all of the enhancements apply to the 2010 Program Year.  This Program Letter is subject to the terms of the Supply and Feature Agreement, contains the entire agreement between Ford and ABCR with respect to the subject matter hereof and supersedes any prior agreements and understandings, written or oral.  This
Program Letter may only be changed by writing signed and delivered by the duly authorized representatives of ABCR and Ford.

  

  

  

Page 6 of 6      

Please concur by signing below signifying ABCR's acceptance of the 2010 Program Letter.  By executing this Annual Program Letter ABCR certifies that Ford's Fleet Program, including the [REDACTED].

	  	
Sincerely,

	  	  
	  	
/s/ Susan Kizoff

	  	  
	  	  
	  	
Susan Kizoff, Rental Manager

Agreed:

Avis Budget Car Rental, LLC

	
/s/ Mike Schmidt
	  	
8/28/09
	  
	
Mike Schmidt, Vice-President – Fleet Services
	  	
Date
	  
	  	  	  	  
	  	  	  	  
	  	  	  	  
	  	  	  	  
	
Ford Motor Company Concurrence:
	  	  	  
	  	  	  	  
	
/s/ Ken Czubay
	  	
8/17/09
	  
	
Ken Czubay, V.P. Sales & Marketing
	  	
Date
	  

  

  

  

2010 Program Year 

Ford Motor Company / Avis Budget Car Rental

PROGRAM SUMMARY

	  	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	  	  	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	  	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	  	  	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 

	  	
 
	
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[REDACTED]
	
 

	  	
 
	  	  	  	  	  	  	
 
	  	  	
 
	  	  	  	  	  	  	
 
	  	
 
	  	  	  	  	  	  	
 
	  	  	
 
	  	  	  	  	  	  	  	
 

	
Ford Trucks
	
 
	  	  	  	  	  	  	
 
	  	  	
 
	  	  	  	  	  	  	
 
	  	
 
	  	  	  	  	  	  	
 
	  	  	
 
	  	  	  	  	  	  	  	
 

	
F-Series Super Crew
	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
 
	  	  	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
 
	  	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
 
	  	  	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 

	
Econoline Wagon
	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
 
	  	  	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
 
	  	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
 
	  	  	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 

	  	
 
	  	  	  	  	  	  	
 
	  	  	
 
	  	  	  	  	  	  	
 
	  	
 
	  	  	  	  	  	  	
 
	  	  	
 
	  	  	  	  	  	  	  	
 

	  	
 
	  	  	  	  	  	  	
 
	  	  	
 
	  	  	  	  	  	  	
 
	  	
 
	  	  	  	  	  	  	
 
	  	  	
 
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 

	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  

- - - - -

a/  Base rate (supply payment reduces rate) see Att II; [REDACTED] months see Att. V

b/  All-In Risk Incentive [REDACTED] see Att III

c/  [REDACTED] additional [REDACTED] incentive see Att II; [REDACTED]

d/  [REDACTED] with mutual agreement on mix & incentives

e/  Repurchase specifications detailed on Web

f/  Produced by 2nd week of December 2009; updated from 6/29 forecast

g/  Subject to additional depreciation charges depending on return acceptance date see Att VI

 

h/ [REDACTED]

j/  [REDACTED]

k/ Econoline [REDACTED] months minimum in service required

  

  

  

Attachment II

Ford Motor Company

2010 Program Year

Avis Budget Car Rental

PAYMENT SUMMARY

	  	  	  	  	
2010 Program Year

	  	  	  	  	
Per Unit
	  	
Millions
	  	
Volume

	  	  	  	  	  	  	  	  	  
	
CONTRACTUAL PAYMENTS
	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  
	  	
 [REDACTED] a/
	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  
	  	
 [REDACTED]
	  	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]

	  	  	  	  	  	  	  	  	  
	  	
 [REDACTED] b/
	  	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]

	  	  	  	  	  	  	  	  	  
	  	
 [REDACTED]
	  	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]

	  	  	  	  	  	  	  	  	  
	  	
 [REDACTED] c/
	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  
	  	
 [REDACTED]
	  	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]

	  	  	  	  	  	  	  	  	  
	  	
[REDACTED] d/
	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  
	  	
    -  [REDACTED]
	  	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]

	  	  	  	  	  	  	  	  	  
	  	
[REDACTED] e/
	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  
	  	
    -  [REDACTED]
	  	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]

	  	  	  	  	  	  	  	  	  
	  	
    -  [REDACTED]
	  	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]

-------------------------------------------

	
a/
	
[REDACTED]

	
b/
	
[REDACTED]

	
c/
	
[REDACTED]

	
d/
	
[REDACTED]

	
e/
	
[REDACTED]

  

  

  

Attachment III

Ford Motor Company

2010 Program Year

Avis Budget Car Rental

Risk Incentives

Risk Payment Detail (Requires Order Code 56K)

	  	  	
a/
	 	
b/
	 	  	 	
c/
	 	  
	  	  	
National
	 	
FIMPS
	 	  	 	  	 	
Total Value

	  	  	
Fleet
	+	
Enhanced
	=	
Risk
	 	  	=	
Risk

	
10 Model Year Vehicles
	  	
Incentive
	 	
Incentive
	 	
Incentive
	 	
[REDACTED]
	 	
Payment

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	  	  	  	 	  	 	  	 	  	 	  
	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
[REDACTED]
	  	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]
	 	
[REDACTED]

	
a/
	
[REDACTED]

	
b/
	
Incentive is based on minimum specifications.   Paid via FIMPs monthly.

	
c/
	
[REDACTED]

	
d/
	
[REDACTED] maximum

  

  

  

Attachment IV 

MINIMUM RISK SPECIFICATIONS

AVIS BUDGET CAR RENTAL

2010 Risk Program

Important Notes:

	
·
	
Minimum Model Required: Models lower than Spec A will not receive an Enhanced Incentive and will receive Off invoice incentive only.

	
·
	
Minimum Specifications Required: Required Options not ordered will reduce Enhanced Incentive based on option economics.

	
·
	
Upgrades in vehicle series and/or optional equipment are acceptable but will not increase incentives.

	
·
	
[REDACTED] and may vary in specs and pricing.

	
[REDACTED]
	  	
[REDACTED]

	
 Spec A:
	  	
 Spec A:

	
 [REDACTED]
	  	
 [REDACTED]

	
 ·         Daytime Running Lamps (942)
	  	
 ·       6-speed Automatic Transmission (44W)

	
 ·         Automatic Transmission (442)
	  	
 ·        Daytime Running Lamps (942)

	
 Spec B:
	  	
 Spec B:

	
 [REDACTED]
	  	
 [REDACTED]

	
 ·         Automatic Transmission (442)
	  	
 ·       6-speed Automatic Transmission (44W)

	
 ·         Daytime Running Lamps (942)
	  	
 ·        Daytime Running Lamps (942)

	
 
	  	
 Note:  [REDACTED] maximum

	
 
	  	  
	
 
	  	
 Spec C:

	
 
	  	
 [REDACTED]

	
 
	  	
 ·       3.0L V-6 Flex fuel (incl 6-spd Auto   (99G)

	
 
	  	
 ·        Daytime Running Lamps (942)

	
 
	  	  
	  	  	  
	
[REDACTED]
	  	
[REDACTED]

	
 Spec A:
	  	
 Spec A:

	
 [REDACTED]
	  	
 [REDACTED]

	
 ·         4.0L V6 Engine (99N)
	  	
 ·         4.0L V6 Engine (99N)

	
 ·         Automatic Transmission (44L)
	  	
 ·         Automatic Transmission (44L)

	
 ·         Daytime Running Lamps (61R)
	  	
 ·         Daytime Running Lamps (61R)

	  	  	   
	
 Spec B:
	  	
 Spec B:

	
 [REDACTED]
	  	
 [REDACTED]

	
 ·         4.0L V6 Engine (99N)
	  	
 ·         4.0L V6 Engine (99N)

	
 ·         Automatic Transmission (44L)
	  	
 ·         Automatic Transmission (44L)

	
 ·         Daytime Running Lamps (61R)
	  	
 ·         Daytime Running Lamps (61R)

	  	  	  
	  	  	  
	
[REDACTED]
	  	
[REDACTED]

	
 Spec A:
	  	
 Spec A:

	
 [REDACTED]
	  	
 [REDACTED]

	
 ·         Daytime Running Lamps (TBD)
	  	
 ·         Daytime Running Lamps (942)

	  	  	  
	  	  	  
	
[REDACTED]
	  	
[REDACTED]

	
 Spec A:
	  	
 Spec A

	
 [REDACTED]
	  	
 [REDACTED]

	
 ·         3.0L V6 Duratec
	  	
 ·         4.0L 2V V6

	
 ·         Daytime Running Lamps (942)
	  	
 ·         Daytime Running Lamps (51D)

	  	  	  
	
 Spec B:
	  	
 Spec B

	
 [REDACTED]
	  	
 [REDACTED]

	
 ·         3.0L V6 Duratec
	  	
 ·         4.0L 2V V6

	
 ·         Daytime Running Lamps (942)
	  	
 ·         Daytime Running Lamps (51D)

	
 
	  	
 

	  	  	  
	
[REDACTED]
	  	
[REDACTED]

	
 Spec A:                                   Spec
B
	  	
 Spec A:

	
 [REDACTED]                     [REDACTED]
	  	
 [REDACTED]

	  	  	
 ·         3.5 L DOHC V6

	
 Spec C:
	  	  
	
 [REDACTED]
	  	  

  

  

  

Attachment V

Ford Motor Company / Avis Budget Car Rental

2010 Program Year

GAV PROGRAM DETAIL

	
DAYS-IN-SERVICE PROGRAM DETAILS
	
 
	
 
	
Memo:
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	  	  	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
 
	  	  	
[REDACTED]
	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	
 In-Service & Ordering Requirements
	
 
	
 
	
 
	
 
	
 
	
 
	  	
 
	
 
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Months-In-Service
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 
	
 
	  	
 
	
[REDACTED]
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Days in Service
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 
	
 
	  	
 
	
[REDACTED]
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
GAV Order Code
	  	
56Z
	  	
56Z
	  	
56Z
	  	
56Z
	
 
	
 
	  	
 
	
56G
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	  	  	  	
(The number of Days in Service will Determine Tier)
	
 
	
 
	  	
 
	  	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	
 Volume, Depreciation and Vehicle Lines
	
 
	
 
	
 
	
 
	
 
	
 
	  	
 
	
 
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Base Depreciation Rates
	  	
See Program Summary / Dep Rates
	  	
See Program Summary / Dep Rates
	  	
Tier 2 Rates
	  	
See Program Summary / Dep Rates
	
 
	
 
	  	
 
	
Tier 2 Rates

Tier 3 Rate if no tier 2
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Depreciation Return Surcharge b/
	  	
Mustang Only
	  	
Mustang Only
	  	
Mustang Only
	  	
Mustang Only
	
 
	
 
	  	
 
	
N/A
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Vehicle Line Availability
	  	
All repurchase vehicles except:   [REDACTED]
	  	
All repurchase vehicles except:   [REDACTED]
	  	
All repurchase vehicles except:   [REDACTED]
	  	
All repurchase vehicles except:   [REDACTED]
	
 
	
 
	  	
 
	
All Repurchase Vehicles
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Volume % per Tier (of total repurchase)
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 
	
 
	  	
 
	
[REDACTED]
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	
 
	
 

	
 
	
2
	
4th Quarter Production (Sept-Dec) c/
	  	
[REDACTED]
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	  	
2
	
Charge for Volume Deviations
	
  
	
[REDACTED]
	
  
	
[REDACTED]
	
  
	
[REDACTED]
	
  
	
[REDACTED]
	  	  	  	  	
[REDACTED]
	  	  
	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	
 Return Restrictions
	
 
	
 
	
 
	
 
	
 
	
 
	  	
 
	
 
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	  	  	  	
  
	  	
 
	
 

	
 
	
2
	
No Acceptance Dates given:
	  	
12-23-09 through 1-03-10
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Max OSD 180 Day Extension d/
	  	
$15/day plus deprec.
	  	
N/A
	  	
$15/day plus deprec.
	  	
$15/day plus deprec.
	
 
	
 
	  	
 
	
$15/day plus deprec.
	
 
	
 

	
 
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
 
	  	  	  	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	
 Mileage
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	  	
 
	
 
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 
	
 
	  	
 
	
[REDACTED]
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 
	
 
	  	
 
	
[REDACTED]
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Excess Mileage Penalty
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 
	
 
	  	
 
	
[REDACTED]
	
 
	
 

	
 
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
 
	  	  	  	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	
 [REDACTED]
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	  	
 
	
 
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 
	
 
	  	
 
	
[REDACTED]
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	  	
[REDACTED]
	
 
	
 
	  	
 
	
[REDACTED]
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	
 
	  	  	  	  	
 

	
 
	
 Turn In Standards
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	  	
 
	
 
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Shipping Costs
	  	
N/A
	  	
N/A
	  	
N/A
	  	
N/A
	
 
	
 
	  	
 
	
$200
	
 
	
 

	
 
	
 
	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Deductible  e/
	  	
$500
	  	
$500
	  	
$500
	  	
$500
	
 
	
 
	  	
 
	
$500
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
Express Sign-Off
	  	
$100
	  	
$100
	  	
$100
	  	
$100
	
 
	
 
	  	
 
	
$100
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
2
	
All other standards and procedures provided in the 2010 Program Year Daily Rental Program Announcement f/
	
 
	
 
	  	
 
	  	
 
	
 

	
 
	
  
	  	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
 
	  	
  
	
  
	
  
	
 

	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  

- - - - -

	
a/
	
Minimum hold for E-Series is [REDACTED] months

	
b/
	
Refer to Mustang return schedule

	
c/
	
4th quarter production must be prioritized for production no later than December 15, 2009.

	
d/
	
To keep vehicles from rejecting, there is a 180 day extension past Max out of Service Date at $15 per day plus normal depreciation

	
e/
	
Deductible increased by $100 to $500 (see 2010 Model Daily Rental Program Announcement for more details)

	
f/
	
Two known ramp closures:  San Diego, Rochester/Syracuse NY (see 2010 Model Daily Rental Program Announcement for more details)

  

  

  

Attachment VI

FORD MOTOR COMPANY / Avis Budget Car Rental

2010 Program Year

RETURN SCHEDULE  (SURCHARGE )

	  	  	  	  	  	  	  	  	  	
SURCHARGES

	  	  	  	  	  	
Max
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  
	  	  	  	  	  	
Days In
	  	
Mileage
	  	  	
Monthly Depreciation Surcharges Based on Vehicle Acceptance Date  a/

	  	  	  	
Tier
	  	
Service
	  	
Limit
	  	  	  	
Nov, 2009
	  	
Dec, 2009
	  	  	  	  	
Oct, 2010
	  	
Nov, 2010
	  	
Dec, 2010
	  	  
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  
	
 Mustang Sedan
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 
	
 
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 
	
 
	
 
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	
 

	
 
	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 [REDACTED]
	  	  	  	
30
	  	
25
	  	  	  	  	
35
	  	
30
	  	
25
	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	
 

	
 
	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 [REDACTED]
	  	  	  	
30
	  	
25
	  	  	  	  	
35
	  	
30
	  	
25
	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	
 

	
 
	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 [REDACTED]
	  	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	  	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 

	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  
	
 Mustang Convertible
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 
	
 
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 
	
 
	
 
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 [REDACTED]
	
 
	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	
 

	
 
	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 [REDACTED]
	  	  	  	
60
	  	
55
	  	  	  	  	
65
	  	
60
	  	
55
	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	
 

	
 
	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 [REDACTED]
	  	  	  	
60
	  	
55
	  	  	  	  	
65
	  	
60
	  	
55
	  	
 

	
 
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	
 

	
 
	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 [REDACTED]
	  	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	  	  	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 [REDACTED]
	  	
 

- - - - -

a/  Surcharge is retroactive and will be added to base depreciation rate for all days in service

a/  Surcharge does not apply to any other months

  

  

  

 

Attachment VII

Ford Motor Company

2010 Program Year

Avis Budget Car Rental

[REDACTED]

 

	
10 MY Eligible Vehicles   a/
	  	
[REDACTED] b/

	  	  	  
	
Cars
	  	  
	
Focus
	  	
[REDACTED]

	
Fusion
	  	
[REDACTED]

	
Milan
	  	
[REDACTED]

	
Mustang Coupe
	  	
[REDACTED]

	
Mustang Convertible
	  	
[REDACTED]

	
Taurus
	  	
[REDACTED]

	
Grand Marquis
	  	
[REDACTED]

	
Town Car
	  	
[REDACTED]

	
MKZ
	  	
[REDACTED]

	
MKS
	  	
[REDACTED]

	  	  	  
	
CROSS OVERS
	  	  
	  	  	  
	
Edge
	  	
[REDACTED]

	
MKX
	  	
[REDACTED]

	
Flex
	  	
[REDACTED]

	  	  	  
	
SUV's
	  	  
	
Escape
	  	
[REDACTED]

	
Mariner
	  	
[REDACTED]

	
Explorer
	  	
[REDACTED]

	
Mountaineer
	  	
[REDACTED]

	
Expedition & Expedition EL
	  	
[REDACTED]

	
Navigator & Navigator L
	  	
[REDACTED]

	  	  	  
	
TRUCKS
	  	  
	  	  	  
	
F-Series
	  	
[REDACTED]

	
E-Series -- Wagon
	  	
[REDACTED]

	
a/
	
Vehicle must be an eligible repurchase vehicle [REDACTED];

	
b/
	
[REDACTED].

Vehicle is ineligible for [REDACTED] at MOSD + 180 days.

  

  

  

Attachment VIII

2010 Program Year

Avis Budget Car Rental

PROGRAM YEAR VOLUME

	
 
	 	
A/
	 	 	
B/
	 	 	
 
	 	 	
ADJUSTMENTS
	 	 	
C/
	 
	
 
	 	
Start Date
	 	 	
10's not in
	 	 	
 
	 	 	
1
	 	 	
2
	 	 	
TOTAL
	 
	
FULL PROGRAM YEAR
	 	
Corporate*
	 	 	
weekly rpt
	 	 	
Base
	 	 	
DATE
	 	 	
DATE
	 	 	
VOLUME
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
CARS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
 FOCUS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 FUSION
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 MILAN
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 MUSTANG COUPE
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 MUSTANG CONV.
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 TAURUS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 GR MARQUIS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 TOWN CAR
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 MKZ
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 MKS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
CROSSOVERS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
 EDGE
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 MKX
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 FLEX
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
SUVS & TRUCKS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
 ESCAPE
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 MARINER
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 EXPLORER
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 MOUNTAINEER
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 EXPEDITION
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 EXPEDITION EL
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 NAVIGATOR
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 F-SERIES
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 ECONOLINE WAGON
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 OTHER
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
HEV's
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
 FUSION HEV
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 ESCAPE HEV
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 
	
 
	 	
  
	 	 	
  
	 	 	  	 	 	  	 	 	  	 	 	  	 
	
Grand Total
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 

	 	
 Notes:

	 	
 A: All 10 MY included from Job 1 unless noted by start date

	 	
 B. Add to Ford Weekly Report to equal full PY volume (ordered prior to 7/1/09).

	 	
 C. [REDACTED] not included per contract

	 	  
	 	
 1.

	 	
 2.

	 	
 3.

	 	 
	 	 
	 	 

  

  

  

Attachment IX 

2010 Program Year

Avis Budget Car Rental

CALENDAR YEAR VOLUME

	  	 	
A/
	 	 	
B/
	 	 	
 
	 	 	
ADJUSTMENT
	 	 	 	 	 	
C/
	 
	
 
	 	
Start Date
	 	 	
# not in
	 	 	
 
	 	 	
ADJ 1
	 	 	
ADJ 2
	 	 	  	 	 	 	 	 	
TOTAL
	 
	
CUM DECEMBER
	 	
Corporate*
	 	 	
weekly rpt
	 	 	
Base
	 	 	
  
	 	 	
  
	 	 	
  
	 	 	 	 	 	
VOLUME
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	  	 	 	 	 	 	
 
	 
	
CARS
	 	
 
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
 
	 
	
 FOCUS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 FUSION
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 MILAN
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 MUSTANG COUPE
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 MUSTANG CONV.
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	[REDACTED]	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 TAURUS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 GR MARQUIS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 TOWN CAR
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 MKZ
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 MKS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
 
	 
	
CROSSOVERS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
 
	 
	
 EDGE
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 MKX
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 FLEX
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
 
	 
	
 SUVS & TRUCKS
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
 
	 
	
 ESCAPE
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 MARINER
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 EXPLORER
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 MOUNTAINEER
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 EXPEDITION
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 EXPEDITION EL
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 NAVIGATOR
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 F-SERIES
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 ECONOLINE WAGON
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 OTHER
	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
[REDACTED]
	 
	
 
	 	
 
	 	 	
 
	 	 	
 
	 	 	  	 	 	  	 	 	
 
	 	 	 	 	 	
 
	 
	
 
	 	
  
	 	 	
  
	 	 	  	 	 	  	 	 	  	 	 	  	 	 	 	 	 	  	 
	 	 	 	 	 	 	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	
[REDACTED]
	 	 	[REDACTED]	 	 	[REDACTED]	 

	 

 	 	 

	 	
 Notes:

	 	
 A: All 10 MY included from Job 1 unless noted by start date

	 	
 B. Add to Ford Weekly Report to equal full PY volume (ordered prior to 7/1/09).

	 	
 C. [REDACTED] not included per contract

	 	  
	 	
 1.

	 	
 2.

	 	
 3.Unassociated Document

    Agreement

    

    This
Agreement is made and entered into by and between the following
Parties:

    

    Party A:
Beijing Guoguang Guangrong Advertising Co., Ltd.

    Address:
Floor5, Taikang Financial Tower, Building 1, No.38 Beisanhuan East Road,
Beijing.

    

    Party B:
Beijing Maihesi International Advertising Co., Ltd.

    Address:
Room 401, Beijing Lanxi Hotel, No.1 Beisihuan Yuhui South Road, Chaoyang
District, Beijing.

    

    Party A
and Party B shall be collectively referred to as the “Parties”
and each individually as a “Party”.

    

    Whereas,

    

    
      	
              1.

            	
              Party
      A and Beijing Hongteng Lianguang Advertising Co., Ltd. (“Hongteng”)
      have entered into the exclusive advertising agency agreement (the “Beijing
      Agency Agreement”) with respect to Beijing FM90.5 of China Radio
      International on May 5, 2008. It was agreed by Party A and Hongteng that
      either Hongteng or its shareholders should incorporate a new independent
      legal entity, Party B, within 15 business days after the execution date of
      the Beijing Agency Agreement, and Hongteng shall transfer all its rights
      and obligations under the Beijing Agency Agreement to Party B effective
      from the incorporation of Party B.

            

    

    With the
incorporation of Party B being completed on May 8, 2008 by local administration
of industry and commerce, all the rights and obligations under the Beijing
Agency Agreement shall be performed by Party A and Party B thereafter, and the
Beijing Agency Agreement shall be binding upon Party A and Party B.

    

    
      	
              2.

            	
              Party
      A and Party B have entered into the exclusive agency agreement (the “Shenzhen
      Agency Agreement”) with respect to the frequency modulation
      broadcasted in Shenzhen of China Radio International on August 4, 2008 to
      specify certain advertising agency issues of Shenzhen FM107.1 of China
      Radio International.

            

    

    The
Beijing Agency Agreement and the Shenzhen Agency Agreement shall be collectively
referred to as the “Agency
Agreements”.

    

    
      	
              3.

            	
              Due
      to performance issues of the Shenzhen Agency Agreement, Party B submitted
      the dispute to China International Economic and Trade Arbitration
      Commission (“CIETAC”)
      for arbitration, which has been accepted and archived by CIETAC as No.
      DX20090096 Exclusive Advertising Agency Agreement Dispute Case (the “Arbitration
      Case”). On April 13, 2009, Party A submitted a counterclaim against
      Party B’s claims, which was also accepted by CIETAC. Although the
      Arbitration Case hasn’t been in session now, both the Parties have
      received a notice from CIETAC that the Arbitration Case would be heard at
      14:00 on July 24, 2009.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    
      	
              4.

            	
              On
      July 2, 2009, Party B proposed to discuss with Party A on the termination
      of the Beijing Agency Agreement.

            

    

    

    Pursuant
to relevant laws and regulations, Party A and Party B enter into the following
agreements with respect to the termination of the Agency Agreements through
friendly negotiation:

    

    Article 1 Party B or
Beijing Yinse Lingdong Advertising Co., Ltd., a third party designated by Party
B, shall make a payment in the amount of RMB1,150,000 to Party A on or prior to
July 21, 2009 as the compensation for terminating the Beijing Agency
Agreement.

    

    Article 2 Party B shall
apply to CIETAC for withdrawal of the arbitration application for the
Arbitration Case on or prior to July 22, 2009 and ensure such application being
granted.

    

    Article 3 Where Party B
completes its obligations under Article 1 and Article 2 in accordance with this
Agreement, Party A shall immediately withdraw its counterclaim of the
Arbitration Case. The Agency Agreements between Party A and Party B shall be
terminated with no more performance of the Agency Agreements necessary from
either Party. Subsequent to the termination of the Agency Agreements, neither
Party A nor Party B may claim any rights, obligations, compensations or default
liabilities against the other Party pursuant to the Agency Agreements or be
obligated to make any payment or refund. Each Party shall bear its own cost
associated with the Arbitration Case.

    

    Article 4 Where Party B
fails to fully perform or delays the performance its obligations under Article 1
and Article 2 herein, the Agency Agreements between Party A and Party B shall
not be deemed terminated and both Party A and Party B shall continue performing
its rights and obligations under the Agency Agreements. Where Party B fails to
fully perform its obligations under Article 1 and Article 2 herein, Party B
shall be the one bear any detrimental consequence therefrom.

    

    Article 5 Party B shall
use its best efforts to assist Party A for the handover of any material and
information as necessary due to the termination of the Agency Agreements,
including but not limited to business, clients, clients’ information and
contracts.

    

    Article 6 Party B shall
bear any liability in case Hongteng, a third party, raises any objection to the
execution of this Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    Article 7 Due to the fact
that Party B proposed to discuss the termination of the Beijing Agency Agreement
with Party A on July 2, 2009, it is agreed by the Parties that (1) relevant
provisions under the Beijing Agency Agreement shall not apply with respect to
any advertisement in July 2009; (2) Party B shall pay a separate advertising
agency fee to Party A in connection with advertisements released in July 2009,
or Party A may refuse to broadcast such advertisements.

    

    Article 8 The execution,
contents and performance of this Agreement shall be kept confidential by the
Parties, or the disclosing Party shall bear default liabilities pursuant to the
Agency Agreements.

    

    Article 9 This Agreement
is executed on July 20, 2009 and shall take effect upon execution by the
Parties. This Agreement may be executed in four counterparts with each Party
holding two. Each of the counterparts shall have same legal
effects.

    

    

    Party A
(chop): Beijing Guoguang Guangrong Advertising Co., Ltd.

    

    

    Party B
(chop): Beijing Maihesi International Advertising Co., Ltd.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00162-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00162-of-00352.parquet"}]]