Document:

Form of Dealer Agreement

 Exhibit 10.9 

 

					
	

	  	 NICHOLAS FINANCIAL, INC.

Automobile Dealer Retail Agreement
	  	

 Non-Recourse Dealer Retail Agreement 

The undersigned Dealer proposes to sell to the undersigned Nicholas Financial, Inc. (NFI), from time to time, Promissory Notes, Security Agreements,
Retail Installment contracts, Conditional Sales Contracts, or other instruments hereinafter referred to as “Contracts”, evidencing installment payment obligations owing Dealer arising from the time sale of motor vehicle(s) and secured by
such Contracts. It is understood that NFI shall have the sole discretion to determine which Contracts it will purchase from Dealer. 
  

	1.	Dealer represents and warrants that Contracts submitted to NFI for purchase shall represent valid, bonefide sales for the respective amount therein set forth in such
Contracts and that such Contracts represent sales of motor vehicles owned by the Dealer and are free and clear of all liens and encumbrances. 

  

	2.	Upon purchase by NFI of any contracts hereunder from dealer, dealer shall endorse and assign to NFI the obligations and all pertinent security, security instruments,
along with such provisional endorsements as may be stipulated for such contracts purchased by NFI. 

  

	3.	This Agreement, and sums payable hereunder, may not be assigned by Dealer without written consent of NFI. 

 

	4.	Dealer acknowledges that NFI charges an acquisition fee and a $75.00 loan processing charge on all contracts purchased and funded by NFI. The acquisition fee and loan
processing charge are taken from Dealer Proceeds and are Non-Refundable. The amount is disclosed on each transaction and is set by Nicholas Financial, Inc. 

 

	5.	Perfection of Security Interest: For each Contract purchased by NFI, Dealer shall, within 20 days of the date of the Contract or within a lesser time
period if required by applicable law, file and record all documents necessary to properly perfect the valid and enforceable first priority security interest of NFI in the Vehicle and shall send NFI all security interest filing receipts. A Contract
shall be subject to Repurchase for the life of the Contract if NFI suffers a loss due to the Dealership’s failure to (1) file and record, within 20 days of the date of the Contract or within a lesser time period if required by applicable
law, all documents required to properly perfect the valid and enforceable first priority security interest of NFI in the Vehicle; (2) send NFI the filing receipts reflecting said perfection. 

 

	6.	Indemnity: As a separate and cumulative obligation, Dealer shall defend and hold NFI harmless from any and all claims, defenses, offsets, damages,
suits, administrative or other proceedings, cost (including reasonable attorney’s fees), expenses, losses, and liabilities. (Collectively Claims) arising out of connected with or relating to the Contract or the goods or services sold there
under. Timing of indemnification is within 7 days of demand by NFI. 

  

	7.	Add-on Products and Services:  

  

	 	a.	Defined. “Add-on Products and Services,” or “APS,” shall mean service contracts, mechanical breakdown contracts, GAP contracts, credit life
and credit accident and health insurance. In addition, the term shall include other products and services acceptable to and approved in writing by NFI from time to time. 

 

	 	b.	Cancellation of APS. If APS has been sold by the Dealer and financed in a Contract purchased by NFI, Dealer agrees that such APS shall be cancelable upon demand
by Buyer. Upon such cancellation, Dealer shall immediately notify NFI that the Buyer has canceled the APS. Upon cancellation, Buyer shall be entitled to a refund of the unearned portion of the cash price of the APS as provided in the APS Contract or
as may otherwise be required by law, whichever is greater. As between NFI and Dealer, Dealer agrees to pay to NFI, as appropriate, any refund due to Buyer under the terms of an APS Contract. Dealer’s liability under this Section shall be
limited to the amount Dealer collected and retained or otherwise received, directly or indirectly, in connection with the sale of the APS. 

  

	8.	Privacy: Dealer shall not make any unauthorized disclosure of, or use any personal information of individual consumers which it receives from NFI or on
NFI’s behalf other than to carry out the purposes for which such information is received. NFI and Dealer shall comply in all respects with all applicable requirements of Title V of the Gramm-Leach-Bliley Act of 1999 and its implementing
regulations. 

  

	9.	No Provisions hereof may be modified, changed or supplemented, unless both parties agree to the amendment in writing. 

 

							
	Nicholas Financial, Inc.	 	Dealer:	 	  

				
	By:	 	  
	 	By:	 	  

				
	Date:	 	  
	 	Date:	 	  

 DEALER NAME 
  

	
	1ST ATLANTA AUTO SALES
	1ST CHOICE AUTO SALES INC
	1ST CLASS AUTO SALES
	1ST CLASS AUTOS
	1ST FINANCIAL SERVICES
	247 AUTO SALES
	3 D AUTOMOTIVE GROUP
	31 W AUTO BROKERS INC
	44 AUTO MART
	5 POINTS AUTO MASTERS
	5 STARR AUTO
	A 1 AUTO SALES INC
	A TO Z AUTOS, INC
	AACC AUTO CAR SALES, INC
	ABBY’S AUTOS, INC.
	ABC AUTOTRADER
	ACQUIRED TOUCH LLC
	ACTION AUTO SALES & RACING
	ACTION GM
	ACTION MOTORS, INC.
	ACURA OF ORANGE PARK
	ADAMS AUTO GROUP
	ADAMSON FORD LLC
	ADOPT-A-CAR, LLC
	ADRIAN DODGE CHRYSLER JEEP
	ADVANCE AUTO WHOLESALE, INC.
	ADVANCED AUTO BROKERS, INC.
	ADVANTAGE AUTO
	ADVANTAGE FORD LINCOLN MERCURY
	AFFORDABLE RENTAL SALES
	AFFORTABLE AUTOS
	AGI AUTO GROUP INC
	AIRPORT KIA
	AJ’S AUTO
	AL HENDRICKSON TOYOTA
	AL PACKER FORD
	ALAN BESCO CARS AND TRUCKS
	ALBION MOTORS, INC.
	ALETE AUTO GROUP
	ALEXANDER FORD LINCOLN
	ALL AMERICAN MOTORS
	ALLAN VIGIL FORD
	ALLEN TURNER AUTOMOTIVE
	ALLRYDE INC
	ALLSTAR AUTO SALES
	ALTERNATIVES
	AMERICAN FINANCIAL SERVICES &
	AMERICAR AUTO SALES
	AMG AUTO SALES INC
	ANCHOR AUTO
	ANDY CHEVROLET COMPANY
	ANDY MOHR BUICK PONTIAC GMC
	ANDY MOHR CHEVROLET, INC.
	ANDY MOHR FORD, INC.

 

 DEALER NAME 
  

	
	ANDY MOHR MITSUBISHI, INC.
	ANDY MOHR NISSAN, INC.
	ANDY MOHR SPEEDWAY CHEVROLET
	ANDY MOHR TOYOTA
	ANTHONY UNDERWOOD AUTOMOTIVE
	ANTHONY WAYNE AUTO SALES
	ANTWERPEN NISSAN, INC.
	APL OF ORLANDO
	APOSTOLAKIS HONDA
	APPROVAL AUTO CREDIT INC.
	AR MOTORSPORTS INC
	ARCH ABRAHAM NISSAN LTD
	ARMSTRONG FORD INC
	ART MOEHN CHEVROLET, CO.
	ART MORAN PONTIAC
	ASANKA CARS.COM
	ASH TISDELLE MOTORS, INC.
	ASHEBORO FORD LINCOLN
	ASTRO LINCOLN MERCURY, INC.
	ATCHINSON FORD SALES
	ATLANTA AUTO CREDIT
	ATLANTA BEST USED CARS LLC
	ATLANTA CAR CLUB INC
	ATLANTA USED CARS CENTER, INC
	ATLANTIS RENT A CAR AND
	AUBURN PONTIAC INC
	AUCTION DIRECT USA
	AURORA CHRYSLER PLYMOUTH
	AUTO AMERICA
	AUTO BANK
	AUTO BANK, INC.
	AUTO BROKERS, INC.
	AUTO BUYING NETWORK
	AUTO CENTER USA LLC
	AUTO CHOICE SELECT LLC
	AUTO CITY AT CLAYTON
	AUTO CITY INC.
	AUTO CREDIT CENTER INC
	AUTO CREDIT OF KENTUCKY
	AUTO DIRECT COLUMBUS OH
	AUTO DIRECT OF CAROLINA
	AUTO EXPO OF ROME
	AUTO EXPRESS CREDIT INC
	AUTO FINDERS OF VIRGINIA
	AUTO GALLERY, INC.
	AUTO LINE, INC.
	AUTO MARKET, INC.
	AUTO MASTERS
	AUTO MAX
	AUTO PLAZA
	AUTO POINT USED CAR SALES
	AUTO PROFESSIONAL CAR SALES
	AUTO RITE, INC
	AUTO SALES

 DEALER NAME 
  

	
	AUTO SELECT
	AUTO SHOWROOM
	AUTO SOURCE OF GEORGIA
	AUTO SPECIALISTS
	AUTO STAR COLLECTION LLC
	AUTO TECH OF VENICE INC
	AUTO VILLAGE
	AUTO WISE AUTO SALES
	AUTO WISE OF SHELBYVILLE
	AUTO WORLD
	AUTODRIVE, LLC
	AUTOHOUSE, US
	AUTOLAND
	AUTOLICIOUS SALES & SERVICE
	AUTOMACKS, INC.
	AUTOMAX
	AUTOMOTION
	AUTOMOTIVE LIQUIDATORS
	AUTOMOTIVE SOLUTIONS OF
	AUTOPARK
	AUTOPLEX IMPORT
	AUTOQUICK, INC.
	AUTORAMA PREOWNED CARS
	AUTOS ONLINE
	AUTOS UNLIMITED
	AUTOSTAR
	AUTOVILLE, USA
	AUTOWAY CHEVROLET
	AUTOWAY FORD OF BRADENTON
	AUTOWAY FORD OF ST PETE
	AUTOWAY HONDA ISUZU
	AUTOWAY NISSAN
	AUTOWISE LLC
	AUTOWOLD OF GREENWOOD LLC
	AUTOWORLD
	AUTOWORLD USA
	AUTOXSELL SALES & MARKETING
	AVENUES PREOWNED SUPERSTORE
	AVERY AUTO SALES INC
	AVIN ENTERPRISES, INC,
	AXELROD AUTO OUTLET, INC.
	AXELROD CHRYSLER
	AXELROD PONTIAC
	B & B TRUCK CORRAL
	B & W MOTOR CARS
	B & W MOTORS
	B H CARS, INC.
	B T MOTORS
	BACHMAN AUTO GROUP, INC.
	BA-KARS INC
	BALES MOTOR COMPANY INC
	BALLAS BUICK GMC
	BALTIMORE WASHINGTON AUTO
	BANK AUTO SALES

 

 DEALER NAME 
  

	
	BARBIES AUTOS CORPORATION
	BARTOW CHEVROLET
	BARTOW FORD COMPANY
	BASELINE AUTO SALES, INC.
	BASIC AUTO SALES
	BATTLEGROUND KIA
	BEACHNUTZ AUTO SALES, LLC
	BEACON MOTORS INC
	BEAU TOWNSEND NISSAN, INC.
	BEDFORD AUTO WHOLESALE
	BEECHMONT FORD
	BELL MOTORS
	BELLAMY AUTOMOTIVE GROUP, INC
	BELLE GLADE CHEVROLET CADILLAC
	BELLS AUTO SALES
	BEN DAVIS CHEVROLET OLDSMOBILE
	BEN MYNATT CHEVY
	BENTON AUTO SALES
	BEREA AUTO MALL
	BERGER CHEVROLET
	BERT SMITH INTERNATIONAL
	BESSEMER CHRYSLER JEEP DODGE
	BEST BUY USED CARS
	BEST DEAL AUTO SALES
	BIARTI AUTO SALES LLC
	BICKEL BROTHERS AUTO SALES INC
	BIG BLUE AUTOS, LLC
	BIG C AUTO CENTER
	BIG D INC.
	BIG M CHEVROLET
	BIG O DODGE OF GREENVILLE, INC
	BIG SOUTH AUTO BROKERS
	BILL BLACK CHEVROLET,
	BILL BRANCH CHEVROLET
	BILL BROWN FORD, INC
	BILL BUCK CHEVROLET, INC
	BILL MAC DONALD FORD INC
	BILL MARINE FORD INC
	BILL OWENS AUTO SALES
	BILL RAY NISSAN
	BILL REILLY’S UNION CITY TOYOT
	BILLS AUTO SALES & LEASING, LTD
	BILLY HOWELL FORD-LINCOLN-
	BILLY RAY TAYLOR AUTO SALES
	BLACKSTONE IMPORTS OF
	BLAKE HOLLENBECK AUTO SALES IN
	BLEECKER CHEVROLET PONTIAC
	BLOOMFIELD EUROTECH IMPORT
	BLOOMINGTON AUTO CENTER
	BLUE BOOK CARS
	BLUE PRINT AUTOMOTIVE GROUP II
	BOB BELL CHEV NISSAN, INC.
	BOB BELL FORD
	BOB BOAST DODGE

 DEALER NAME 
  

	
	BOB CALDWELL DODGE COUNTRY INC
	BOB DANCE HYUNDAI
	BOB DANCE KIA
	BOB DANIELS BUICK
	BOB KING MITSUBISHI
	BOB KING’S MAZDA
	BOB MAXEY FORD
	BOB MAXEY LINCOLN-MERCURY
	BOB MONTGOMERY CHEVROLET, INC.
	BOB PRICE MOTORS, INC
	BOB STEELE CHEVROLET INC.
	BOB TAYLOR CHEVROLET
	BOBB DUNN FORD, INC
	BOBB SUZUKI
	BOBBY LAYMAN CHEVROLET, INC.
	BOBBY MURRAY TOYOTA
	BONIFACE HIERS MAZDA
	BORCHERDING ENTERPRISE, INC
	BOURBON MOTOR CO.
	BOWDITCH FORD, INC.
	BRADLEY CHEVROLET, INC.
	BRADSHAW ACURA
	BRAMAN HONDA OF PALM BEACH
	BRANDON HONDA
	BRANDON MITSUBISHI
	BRANDT AUTO BROKERS
	BREAKAWAY HONDA
	BREMEN MOTORS
	BRENTWOOD AUTO SALES
	BRIGHTON CHRYSLER PLYMOUTH
	BROADWAY MOTORS
	BROMLEY AUTO SALES, LLC
	BRONDES FORD MAUMEE LTD
	BRONDES FORD, INC
	BROWN MOTOR SALES
	BRUNOS AUTOMOTIVE SALES, INC.
	BRUNSWICK AUTO MART
	BUCHANAN JENKINS HONDA,
	BUCKEYE FORD MERCURY, INC.
	BUDDY STASNEY’S BUICK PONTIAC
	BUDGET AUTO MART
	BUDGET CAR SALES OF SW FLORIDA
	BUGGY ONE INC
	BURD FORD
	BURNT STORE AUTO AND TRAILER
	BUSH AUTO PLACE
	BUTLER HYUNDAI INC.
	BUY REPO DIRECT
	BYERLY FORD-NISSAN, INC
	BYERS CHEVROLET LLC
	BYERS CHRYSLER LLC
	BYERS DELAWARE
	BYERS DUBLIN CHEVROLET
	C & S AUTO

 

 DEALER NAME 
  

	
	C F AUTO SALES
	CADILLAC WEST AUTO SALES
	CALI-HABANA AUTO SALES CORP.
	CALLAHAN AUTO SALES
	CALVARY CARS & SERVICE, INC
	CAMPBELL MOTORS, INC.
	CANNON AND GRAVES AUTO SALES
	CANNON BUICK-MITSUBISHI
	CAPITAL AUTO BROKERS
	CAPITAL BOULEVARD AUTO SALES
	CAPITAL CADILLAC HUMMER
	CAPITAL CITY IMPORTS
	CAPITAL MOTORS
	CAPITOL AUTO
	CAPITOL AUTO SALES, INC.
	CAR 1 AUTO SALES
	CAR AMERICA
	CAR CENTRAL
	CAR COLLECTION OF TAMPA INC.
	CAR COLLECTION, INC.
	CAR CORRAL
	CAR COUNTRY
	CAR DEALZ
	CAR FINDERS
	CAR NET USA
	CAR SOURCE, LLC.
	CAR TOWN
	CAR TOWN KIA USA
	CAR ZONE
	CARDINAL CHRYSLER JEEP DODGE
	CAREY PAUL HONDA
	CARL BLACK BUICK, PONTIAC, GMC
	CARNECTIONS
	CAROLINA AUTO IMPORTS
	CARPORT SALES & LEASING, INC.
	CARRIAGE KIA
	CARRIAGE NISSAN
	CARS & TRUCKS
	CARS AND CARS, INC.
	CARS OF ORLANDO
	CARS TO GO AUTO SALES AND
	CARS UNLIMITED
	CARSMART
	CARZ, INC.
	CARZONE OF THE GREATER
	CASCADE AUTO GROUP, LTD
	CASTLE AUTO OUTLET, LLC
	CASTLE USED CARS
	CASTRIOTA CHEVROLET GEO INC.
	CBS QUALITY CARS, INC.
	CECIL CLARK CHEVROLET,INC.
	CELEBRITY AUTO SALES INC
	CELEBRITY NISSAN
	CENTERVILLE AUTO MART

 DEALER NAME 
  

	
	CENTRAL CAROLINA PRE-OWNED
	CENTRAL RALEIGH AUTO SALES
	CENTURY BUICK
	CERTIFIED AUTO DEALERS
	CERTIFIED CARS, INC.
	CERTIFIED MOTORS, INC.
	CHAMPION CHEVROLET INC.
	CHAMPION PREFERRED AUTOMOTIVE
	CHARLES BARKER IMPORTS
	CHASE MOTORS CORPORATION
	CHEAPERCAR.COM
	CHECKERED FLAG HONDA
	CHEROKEE HYUNDAI OF KENNESAW L
	CHEVROLET BUICK OF QUINCY INC.
	CHRIS CARROLL AUTOMOTIVE
	CHRIS LEITH CHEVROLET
	CHRIS LEITH DODGE
	CHRIS MOTORS AUTO SALES
	CHRIS SPEARS PRESTIGE AUTO
	CHRONIC INC.
	CHRYSLER JEEP OF NORTH OLMSTED
	CHUCK CLANCY DODGE CHRYSLER
	CINCY IMPORTS
	CIRCLE CITY ENTERPRISES, INC.
	CITRUS CHRYSLER JEEP DODGE
	CITRUS KIA
	CITY AUTO SALES
	CITY CHEVROLET
	CITY HYUNDAI
	CITY KIA
	CITY MITSUBISHI
	CITY TO CITY AUTO SALES, LLC
	CLAPP VOLKSWAGEN OLDSMOBILE
	CLARK’S SUNSHINE
	CLASSIC ASIAN IMPORTS, LLC
	CLASSIC AUTO GROUP INC
	CLASSIC BUICK OLDSMOBILE
	CLASSIC CADILLAC ATLANTA CORP
	CLASSIC CHEVROLET BMW
	CLASSIC FORD
	CLASSIC TOYOTA
	CLASSY CYCLES
	CLAYTON PRE-OWNED AUTO
	CLEARWATER TOYOTA
	CLERMONT DODGE
	CLINTON FAMILY FORD
	COACH MOTORS, INC.
	COASTAL CARS, INC.
	COASTAL CHEVROLET, INC.
	COASTAL MITSUBISHI
	COCONUT CREEK MITSUBISHI
	COGGIN HONDA
	COGGIN NISSAN
	COGGIN PONTIAC OF ORANGE PARK

 

 DEALER NAME 
  

	
	COLERAIN AUTO CENTER
	COLLEGE CHEVROLET BUICK
	COLUMBUS AUTO RESALE, INC
	COLVIN AUTO SALES & SERVICE
	COMMUNITY AUTO CENTER
	CONRAD AUTO SALES, INC.
	CONSUMER SOLUTIONS AUTOMOTIVES
	CONTEMPORARY MITSUBISHI
	CONYERS NISSAN
	COOK MOTORCARS
	COPPUS MOTORS - CHRYSLER,JEEP
	CORAL PALM AUTO SALES
	COUGHLIN AUTOMOTIVE OF
	COUGHLIN AUTOMOTIVE- PATASKALA
	COUGHLIN CHEVROLET- NEWARK
	COUGHLIN CHEVROLET OF
	COUGHLIN FORD OF CIRCLEVILLE
	COUNTRY CLUB MOTORS
	COUNTRYSIDE FORD OF CLEARWATER
	COURTESY AUTO GROUP INC.
	COURTESY CHRYSLER JEEP DODGE
	COURTESY FORD
	COURTESY HYUNDAI, INC
	COURTESY NISSAN
	COURTESY PALM HARBOR HONDA
	COVINGTON FORD, MERCURY, INC.
	COX AUTO SALES, LLC
	COX CHEVROLET INC
	COX MAZDA
	COYLE CHEVROLET
	CR MOTOR SALES, INC.
	CRAIG & BISHOP, INC.
	CRAIG & LANDRETH INC
	CREDIT AUTO SALES INC
	CREDIT CARS SALES
	CRESCENT FORD, INC
	CRESTMONT CADILLAC
	CRONIC CHEVROLET, OLDSMOBILE-
	CRONIN FORD
	CROSS AUTOMOTIVE
	CROSSROAD MOTORS
	CROSSROADS AUTO SALES INC
	CROSSROADS CHRYSLER JEEP DODGE
	CROSSROADS FORD
	CROSSWALK AUTO
	CROWN AUTO DEALERSHIPS INC.
	CROWN MOTORS INC
	CROWN NISSAN
	CROWN NISSAN GREENVILLE
	CRUISER AUTO SALES
	CRYSTAL DRIVE AUTO SALES
	CRYSTAL MOTOR CAR COMPANY, INC
	CUSTOM CAR CARE
	CUZZ’S AUTOSALES, INC.

 DEALER NAME 
  

	
	D & D MOTORS, INC.
	DADE CITY CHEVROLET INC
	DALE JARRETT FORD
	DALLAS CPDJ
	DALTON AUTO SALES, LLC
	DAN CUMMINS CHV BUICK PONTIAC
	DAN TOBIN PONTIAC BUICK GMC
	DAN TUCKER AUTO SALES
	DAN’S AUTO SALES, INC
	DARCARS WESTSIDE PRE-OWNED
	DAVID SMITH AUTOLAND, INC.
	DAVID WESTCOTT BUICK ISUZU
	DAVIS MOTORS, INC.
	DAYS CAMPING & RV CENTER, INC.
	DAY’S CHEVROLET
	DAYTON ANDREWS INC.
	DAYTON AUTO SALES INC
	DAYTONA AUTO SPORT
	DAYTONA DODGE
	DEACON JONES AUTO PARK
	DEALS ON WHEELS AUTO MART
	DEAN CHRYSLER DODGE JEEP INC
	DEECO AUTO SALES
	DEER FORD
	DELAND TOYOTA
	DELMONTE MOTOR CARS & TRUCKS
	DELRAY IMPORTS, INC
	DELUCA TOYOTA INC
	DENNIS AUTO POINT
	DENNY’S AUTO SALES, INC.
	DEREK MOTORCAR CO INC
	DETROIT II AUTO FINANCE
	DETROIT II AUTOMOBILES
	DETROIT II AUTOMOBILES, INC
	DEWEY BARBER CHEVROLET
	DEWITT MOTORS
	DIAMOND AUTO MALL LLC
	DIANE SAUER CHEVROLET, INC.
	DIAZ AND SONS AUTO SALES
	DICK BIGELOW CHEVROLET
	DICK BROOKS HONDA
	DICK KEFFER PONTIAC
	DICK MASHETER FORD, INC.
	DICK SMITH MUTSUBISHI
	DIMMITT CHEVROLET
	DIRECT AUTO EXCHANGE, LLC
	DIRECT SALES & LEASING
	DISCOUNT AUTO BROKERS
	DISCOUNT AUTO OUTLET CORP. OF
	DISCOUNT AUTO SALES
	DISCOVERY AUTO SALES
	DIXIE WAY MOTORS INC
	DM AUTOMOTIVE
	DM MOTORS, INC.

 

 DEALER NAME 
  

	
	DMC AUTO EXCHANGE
	DOMESTIC ACQUISITIONS
	DON AYERS PONTIAC INC
	DON HINDS FORD, INC.
	DON JACKSON CHRYSLER DODGE
	DON REID FORD INC.
	DON SEELYE DAEWOO
	DORAL CARS OUTLET
	DOTSON BROS CHRYS DODGE PLYM
	DOUGLAS COUNTY DODGE
	DOWN HOME MOTORS LLC
	DOWNEY & WALLACE AUTO SALES
	DOWNTOWN BEDFORD AUTO
	DOWNTOWN FORD LINCOLN
	DOWNTOWN FORD, INC.
	DRAEGER MOTOR SALES, INC.
	DRAKE MOTOR COMPANY
	DREAM CARS UNLIMITED
	DREAMS AUTO SALES
	DRIVE NOW AUTO SALES
	DRIVERS CAR MART
	DRIVERS WORLD
	DRY RIDGE TOYOTA
	DUGAN CHEVROLET PONTIAC
	DUNN CHEVROLET OLDS INC.
	DUNN PONTIAC BUICK GMC
	DUNNS WHOLESALE AUTO SALES
	DUVAL HONDA
	DUVAL MOTORCARS OF GAINESVILLE
	E.Z. AUTO SOLUTIONS
	EAGLE ONE AUTO SALES
	EARL TINDOL FORD, INC.
	EASLEY MITSUBISHI
	EAST ANDERSON AUTO SALES
	EAST ORLANDO KIA
	ECONOMIC AUTO SALES INC
	EC’S WHOLESALE
	ED HARRISON AUTO SALES INC.
	ED MARTIN PONTIAC GMC
	ED MORSE AUTO PLAZA
	ED TILLMAN AUTO SALES
	ED VOYLES CHRYSLER-PLYMOUTH
	ED VOYLES HONDA
	EDGE MOTORS
	EDWARDS CHEVROLET CO
	EJ’S QUALITY AUTO SALES, INC.
	ELITE AUTO GROUP
	ELITE AUTOMOTIVE GROUP, LLC
	ELITE MOTORCARS
	ELITE MOTORS INC
	ELITE MOTORS, INC.
	ELKIN MOTOR SALES, LLC
	EMMONS AUTO BROKERS
	EMPIRE AUTOMOTIVE GROUP

 DEALER NAME 
  

	
	ENTERPRISE
	ENTERPRISE CAR SALES
	ENTERPRISE LEASING CO OF
	ENTERPRISE LEASING CO. OF ORL.
	ENTERPRISE LEASING COMPANY
	EP MOTORS INC
	ERNEST MCCARTY FORD
	ERNEST MOTORS, INC.
	ESSERMAN NISSAN LTD
	EVANS TOYOTA INC
	EVEREST AUTOMOTIVE GROUP, INC
	EXCLUSIVE CARZ AND AUTO
	EXECUTIVE MOTORS, INC.
	EXOTIC MOTORCARS
	EXTREME DODGE DODGE TRUCK
	FABIAN AUTO SALES, LLC
	FAIRBORN BUICK PONTIAC GMC
	FAIRFIELD FORD
	FAITH MOTORS, INC.
	FAMILY KIA
	FAMILY MOTORS
	FAMILY OFFLEASE
	FARM & RANCH AUTO SALES INC.
	FERCO MOTORS
	FERMAN CHEVROLET
	FERMAN CHRYSLER JEEP DODGE AT
	FERMAN CHRYSLER PLYMOUTH
	FERMAN NEW PORT RICHEY
	FERMAN NISSAN
	FERNANDEZ AUTO SALES
	FINISHLINE AUTO SALES
	FIRKINS C.P.J.S.
	FIRKINS NISSAN
	FIRST CHOICE AUTOMOTIVE INC
	FIRST CLASS CAR CO
	FIRST CLASS CAR COMPANY
	FIRST COAST AUTO CONNECTION
	FIRST STOP AUTO SALES
	FIRST TEAM HYUNDAI
	FITZGERALD MOTORS, INC.
	FLAMMER FORD OF SPRINGHILL
	FLORIDA AUTO EXCHANGE
	FLORIDA GULF COAST, LLC
	FLORIDA SELECT PREOWNED
	FLOW CHEVROLET LLC
	FLOW HONDA
	FLOW VOLKSWAGEN OF GREENSBORO
	FOLGER AUTOMOTIVE, LLC
	FOOTHILL FORD
	FORT MYERS MITSUBISHI
	FORT MYERS TOYOTA INC.
	FORT WALTON BEACH
	FORT WAYNE ACURA
	FORT WAYNE TOYOTA/LEXUS OF

 

 DEALER NAME 
  

	
	FOUNTAIN AUTO MALL
	FOX AUTO SALES
	FRANK MYERS AUTO SALES, INC
	FRANK NERO LINCOLN/MERCURY
	FRED CALDWELL CHEVROLET
	FRED MARTIN FORD
	FRED MARTIN MOTOR COMPANY
	FREEDOM AUTOMOTIVE GROUP
	FRENCHIES AFFORDABLES
	FRESH START AUTO SALES
	FRIDAY’S AUTO SALES, INC.
	FRITZ ASSOCIATES
	FRONT ROW MOTORS, II
	FUREYS WHEEL WORLD
	FWB SPORTS & IMPORTS
	GAINESVILLE DODGE
	GAINESVILLE NISSAN
	GALEANA CHRYSLER PLYMOUTH
	GANLEY BEDFORD IMPORTS INC
	GANLEY CHEVROLET, INC
	GANLEY EAST, INC
	GANLEY FORD WEST, INC.
	GANLEY FORD, INC
	GANLEY LINCOLN MERCURY
	GANLEY LINCOLN MERCURY OF
	GANLEY, INC
	GARY SMITH FORD
	GASPARILLA MOTORS, LLC
	GASTONIA NISSAN, INC
	GATE CITY MOTOR COMPANY, INC.
	GATOR AUTO MALL, LLC
	GATOR CHRYSLER-PLYMOUTH, INC.
	GATORLAND TOYOTA
	GENE GORMAN & ASSOC. INC. DBA
	GENE GORMAN AUTO SALES
	GEN-X CORP
	GEORGE NAHAS OLDSMOBILE INC
	GEORGES ENTERPRISES, INC.
	GEORGIA CHRYSLER DODGE
	GERMAIN FORD
	GERMAIN HONDA
	GERMAIN OF SARASOTA
	GERMAIN TOYOTA
	GERRY WOOD HONDA
	GETTEL NISSAN INC
	GETTEL TOYOTA
	GIBSON TRUCK WORLD
	GINN MOTOR COMPANY
	GLADDING CHEVROLET, INC.
	GLASSMAN OLDSMOBILE, INC.
	GLEN BURNIE AUTO EXCHANGE, INC
	GLENBROOK DODGE, INC.
	GLENBROOK HYUNDAI
	GLENN BUICK GMC TRUCKS

 DEALER NAME 
  

	
	GLOBAL MOTORIST
	GLOBAL MOTORS
	GO! AUTO STORE
	GOLDEN OLDIES
	GOLDMARK AUTO GROUP
	GOLLING CHRYSLER JEEP
	GOOD MOTOR COMPANY
	GOODMAN CHEV OLDS CAD NISSAN
	GORDON CHEVROLET-GEO
	GOSS SUZUKI OF RIVERGATE
	GRAHAM AUTO SALES
	GRAND 54 AUTO SALES INC.
	GRANT MOTORS CORP.
	GREAT LAKES CHEVROLET BUICK
	GREAT LAKES HYUNDAI, INC.
	GREEN FORD, INC
	GREEN TREE TOYOTA
	GREENBRIER C-P-J
	GREENBRIER DODGE OF CHES, INC.
	GREENBRIER OLDS GMC PONTIAC
	GREENBRIER TRUCK CENTER, INC.
	GREENBRIER VW LLC
	GREENE FORD COMPANY
	GREENLIGHT MOTORS, LLC
	GREENLITE AUTO SALES, INC.
	GREENWAY CHRYSLER JEEP DODGE
	GREENWAY FORD, INC
	GREENWOOD CHEVROLET, INC
	GREENWOOD’S HUBBARD CHEVY OLDS
	GREG SWEET CHEVY BUICK OLDS
	GREG SWEET FORD INC
	GRIFFIN FORD SALES, INC.
	GROGANS TOWNE CHRYSLER
	GROTE AUTOMOTIVE INC
	GROVER & SONS MOTOR SALES LLC
	GULF COAST AUTO BROKERS, INC.
	GULF COAST AUTO WHOLESALE
	GULF COAST AUTOMOTIVE
	GULF COAST AUTOS INC
	GUS MACHADO FORD, INC.
	GWINNETT PLACE FORD
	GWINNETT PLACE HONDA
	GWINNETT PLACE KIA
	GWINNETT PLACE NISSAN
	GWINNETT SUZUKI
	H & H AUTO SALES
	HAASZ AUTO MALL, LLC
	HAIMS MOTORS INC
	HALEY FORD
	HALEY TOYOTA OF RICHMOND
	HALLECK AUTO SALES
	HAPPY AUTO MART
	HARBOR CITY AUTO SALES, INC.
	HARDIE’S USED CARS, LLC

 

 DEALER NAME 
  

	
	HAROLD ZEIGLER CHRYSLER DODGE
	HAROLD ZEIGLER FORD INC
	HARRELSON NISSA
	HARRELSON TOYOTA
	HATCHER’S AUTO SALES
	HATFIELD CHRYSLTER PRODUCTS
	HATFIELD HYUNDAI
	HAWKINS MOTOR SALES
	HAYDOCY PONTIAC-GMC TRUCK INC
	HEADQUARTER HONDA
	HEATH MOTORSPORTS
	HEATHS TOYS AUTO SALES
	HENDRICK PONTIAC BUICK GMC
	HENNA AUTOPLEX
	HENNESSY MAZDA PONTIAC GMC
	HENRY COUNTY MOTOR SALES INC
	HERB KINMAN CHEVROLET, INC.
	HERITAGE AUTO SALES, LLC
	HERITAGE VOLKSWAGEN, INC.
	HIBDON MOTOR SALES
	HICKORY HOLLOW CARNIVAL KIA
	HIESTER PREOWNED CLEARANCE CTR
	HIGH Q AUTOMOTIVE CONSULTING
	HIGHLINE IMPORTS, INC.
	HILL KELLY DODGE, INC
	HILL OLDSMOBILE
	HILLMAN MOTORS, INC.
	HOFFMAN AUTO SALES
	HOGSTEN AUTO WHOLESALE
	HOLLER CHEVROLET
	HOLLYWOOD CHRYSLER PLYMOUTH
	HOMETOWN AUTO MART, INC
	HOMETOWN AUTO, INC.
	HOMETOWNE AUTO SALES LLC
	HONDA CARS OF BRADENTON
	HONDA CARS OF ROCK HILL
	HONDA EAST
	HONDA MALL OF GEORGIA
	HONDA OF CONYERS
	HONDA OF MENTOR
	HONDA OF THE AVENUES
	HONEST ENGINES
	HOOVER TOYOTA, LLC
	HOPKINS PONTIAC-OLDS-GMC TRUCK
	HUBLER CHEVROLET CADILLAC INC
	HUBLER CHEVROLET INC
	HUBLER MAZDA SOUTH
	HUBLER NISSAN, INC.
	HUNTLEY CHEVROLET BUICK
	HURLEY CHRYSLER JEEP, INC.
	HUSTON MOTORS INC.
	HWY 150 BUYERS WAY, INC.
	HWY 39 PRE-OWNED AUTO SALES
	HYMAN AUTO OUTLET, LLC

 DEALER NAME 
  

	
	HYUNDAI OF NEW PORT RICHEY
	HYUNDIA OF GREER
	HYUNDIA OF ORANGE PARK
	IDEAL IMPORTS LLC
	IMAGINE CARS
	IMMACULATE AUTO
	IMPERIAL MOTORS
	IMPORT MOTORSPORT, INC
	INC MOTORSPORTS
	INDEPENDENCE MITSUBISHI
	INDY AUTO BROKERS
	INDY MOTORWERKS
	INDY’S UNLIMITED MOTORS
	INFINITI OF TAMPA
	INTEGRITY AUTO CONSULTANTS LLC
	INTEGRITY AUTO SALES, INC.
	INTEGRITY MOTORS, INC
	INTERNATIONAL MOTORS
	J & C AUTO SALES
	J & M AFFORDABLE AUTO, INC.
	JACK MATIA CHEVROLET
	JACK MAXTON CHEVROLET INC
	JACK MURPHY’S USED CARS
	JACK REVELS AUTO SALES
	JACK STONES CREEKSIDE SALES
	JACKSON ACURA
	JACKSONVILLE CHRYSLER
	JADES AUTO SALE INC
	JAKE SWEENEY CHEVROLET, INC
	JAKMAX
	JAM VEHICLES, INC,
	JAMES O’NEAL CHRY-DODGE JEEP
	JAMIE’S DISCOUNT AUTO SALES
	JARRARD PRE-OWNED VEHICLES
	JARRETT-GORDON FORD OF WINTER
	JAX AUTO WHOLESALE, INC.
	JAY HONDA
	JAY PONIIAC BUICK
	JAY’S USED CARS, LLC.
	JBC AUTO INC
	JB’S AUTO SALES OF PASCO, INC.
	JC AUTOMAX
	JC LEWIS FORD, LLC
	JEFF SCHMITT AUTO GROUP
	JEFF SMITH CHRYSLER,DODGE,JEEP
	JEFF WYLER ALEXANDRIA, INC.115
	JEFF WYLER CHEVROLET, INC
	JEFF WYLER CHRYSLER
	JEFF WYLER FAIRFIELD, INC
	JEFF WYLER FLORENCE
	JEFF WYLER SPRINGFIELD, INC
	JENKINS ACURA
	JENKINS HYUNDAI
	JENKINS HYUNDAI OF BRADENTON

 

 DEALER NAME 
  

	
	JENKINS MAZDA
	JENKINS NISSAN, INC.
	JIM BURKE NISSAN
	JIM DOUGLAS SALES AND SERVICE
	JIM KIRBY AUTOMOTIVE
	JIM SHELL AUTO SALES.COM
	JIM SKINNER FORD INC
	JIM WHITE HONDA
	JIM WOODS AUTOMOTIVE, INC.
	JIMMY BROCKMAN USED CARS
	JIM’S AUTO SALES
	JLP INVESTMENTS
	JOE FIRMENT CHEVROLET
	JOE RICCI MITSUBISHI DEARBORN
	JOEY D’S AUTO OUTLET
	JOHN BAILEY OLDS
	JOHN BLEAKLEY FORD
	JOHN HIESTER CHRYSLER DODGE
	JOHN JONES CHEVY PONTIAC OLDS
	JOHN M. LANCE FORD LLC
	JORDAN AUTO SALES
	JORGENSEN FORD SALES
	JOSEPH MOTORS
	JOSEPH TOYOTA INC.
	JOY RIDES AUTO BROKER
	JPL AUTO EMPIRE
	JT AUTO INC.
	JULIANS AUTO SHOWCASE, INC.
	JUPITER MOTORS
	JUST-IN-TIME AUTO SALES INC
	K & B FINANCIAL SERVICES INC
	K & D AUTO SALES
	K & M SUZUKI
	K B AUTO EMPORIUM
	K BROS MOTORS
	KACHAR’S USED CARS, INC.
	KAISER PONTIAC BUICK GMC
	KAR AUTO SALES
	KAR AUTO SALES LLC
	KAR WHOLESALE
	KARZ DIRECT
	KEFFER CHRY PLYM JEEP
	KEFFER HYUNDAI
	KEFFER OF MOORESVILLE, LLC
	KEITH HAWTHORNE FORD OF
	KEITH HAWTHORNE HYUNDAI, LLC
	KEITH HAWTHORNE MAZDA
	KEITH HAWTORNE FORD
	KEITH JORDANS 10 & UNDER
	KEITH PIERSON TOYOTA
	KELLY & KELLY INVESTMENT CO IN
	KELLY FORD
	KEN GANLEY NISSAN INC
	KENDALL AUTO SALES CORP

 DEALER NAME 
  

	
	KENNYS AUTO SALES, INC
	KENS KARS
	KENT MOTORS
	KERRY CHEVROLET, INC.
	KERRY NISSAN, INC.
	KEVINS CAR SALES
	KEY CHRYLSER PLYMOUTH INC
	KIA ATLANTA SOUTH
	KIA AUTO SPORT
	KIA OF ALLIANCE
	KIA OF BEFORD
	KIA OF CLARKSVILLE
	KIA OF CONYERS
	KIA OF GASTONIA
	KIA OF GREER
	KIA OF WESLEY CHAPEL
	KIA STORE ANNISTON
	KIA TOWN CENTER
	KINGDOM MOTOR CARS
	KINGS FORD, INC
	KINGS KIA
	KING’S NISSAN
	KNAPP MOTORS
	KNE MOTORS, INC.
	KOE-MAK CORP
	KUHN HONDA VOLKSWAGON
	KUHN MORGAN TOYOTA SCION
	LA BAMBA AUTO SALES, LLC
	LAFONTAINE AUTO GROUP
	LAKE COUNTY AUTO SALES
	LAKE KEOWEE CHRYSLER DODGE LLC
	LAKE NISSAN SALES, INC.
	LAKE NORMAN HYUNDAI
	LAKE NORMAN INFINITI
	LAKE PLACID MOTOR CAR, INC
	LAKELAND AUTO MALL
	LAKELAND CHRYSLER PLYMOUTH,INC
	LAKELAND TOYOTA INC.
	LAKES AUTO SALES, INC.
	LANCASTERS AUTO SALES, INC.
	LANDERS MCLARTY SUBARU
	LANDMARK CDJ OF MONROE, LLC
	LANDMARK DODGE CHRY/PLYM
	LANG CHEVROLET COMPANY
	LARA AUTO SALES, INC.
	LARRY KING CHEVROLET, LLC
	LARRY’S AUTO SALES
	LARRY’S CAR CONNECTION
	LARRY’S USED CARS
	LASH AUTO SALES, INC.
	LCA AUTO WHOLESALES, LTD
	LEADERSHIP MOTORS EXPORTS INC
	LEBANON FORD LINCOLN
	LEE HYUNDAI INC

 

 DEALER NAME 
  

	
	LEE’S AUTO SALES, INC
	LEGACY NISSAN
	LEGACY TOYOTA
	LEITH LINCOLN MERCURY
	LEN STOLER
	LIBERTY FORD LINCOLN MERC INC
	LIBERTY FORD SOUTHWEST, INC
	LIGHTHOUSE AUTO SALES
	LIGHTHOUSE TOYOTA
	LIMBAUGH TOYOTA, INC.
	LINDELL MAZDA
	LINDSAY ACURA
	LIONS MOTORS CORP.
	LOCKHART HUMMER, INC.
	LOCKLEAR CHRYSLER JEEP
	LOGANVILLE FORD
	LOKEY NISSAN
	LORINNS USED VEHICLES
	LOU BACHRODT CHEVROLET
	LOUDON MOTORS, INC
	LOWES AUTO SALES
	LUXURY AUTO DEPOT
	LUXURY CARS & FINANCIAL, INC.
	LUXURY IMPORTS
	LYNNHAVEN LINCOLN MERCURY
	M & M AUTO WHOLESALERS, LLC
	MACATAWA AUTO & FINANCE CO
	MACE MOTORS
	MACHADO AUTO SELL LLC
	MACKENNEY AUTO SALES
	MACON DEALS INC
	MADISON MOTORS
	MAGIC IMPORTS OF
	MAHER CHEVROLET INC
	MAJOR MOTORS SALES
	MALCOLM CUNNINGHAM FORD
	MALIBU MOTORS
	MALL OF GEORGIA AUTO SALES
	MALL OF GEORGIA FORD
	MALOY AUTOMOTIVE LLC
	MANNING MOTORS, INC.
	MANNIX MOTORS
	MARANATHA CAR CO
	MARIETTA AUTO MART
	MARK BRADLEY AUTO SALES
	MARK THOMAS FORD
	MARLOZ OF HIGH POINT
	MARLOZ OF STATESVILLE
	MAROONE CHEVROLET
	MAROONE FORD OF MARGATE
	MAROONE VOLVO
	MARSHALL MOTORS OF FLORENCE
	MARTELL LINCOLN MERCURY
	MARTY FELDMAN CHEVY

 DEALER NAME 
  

	
	 MASHBURN MOTORS

	 MASTER CAR INTERNATIONAL, INC

	 MATHEWS BUDGET AUTO CENTER

	 MATHEWS FORD OREGON, INC

	 MATIA MOTORS, INC

	 MATT CASTRUCCI

	 MATTHEWS MOTOR COMPANY

	 MATTHEWS MOTORS INC.

	 MAX CARS

	 MAXIE PRICE CHEVROLETS OLDS,

	 MAXIMUM DEALS, INC.

	 MAXWELL VOLKSWAGEN INC

	 MAZDA SAAB OF BEDFORD

	 MAZDA WESTSIDE

	 MCGHEE AUTO SALES INC.

	 MCKENNEY CHEVROLET

	 MCKENNEY DODGE LLC

	 MCKENNEY-SALINAS HONDA

	 MCKENZIE MOTOR COMPANY, INC,

	 MCKINNEY DODGE CHRYSLER

	 MCNEILL CHEVROLET, INC.

	 MCPHAILS AUTO SALES

	 MCVAY MOTORS, INC.

	 MECHANICSVILLE HONDA

	 MECHANICSVILLE TOYOTA

	 MEDLIN MOTORS, INC.

	 MELTON MOTORS, INC.

	 MENTOR IMPORTS,INC.

	 MEROLLIS CHEVROLET SALES

	 METRO FORD LINCOLN MERCURY

	 METRO HONDA

	 METRO MITSUBISHI

	 METRO USED CARS

	 METROLINA S & H AUTO SALES INC

	 METROPOLITAN LINCOLN MERCURY

	 MIAMI ON WHEELS INC.

	 MICHAEL’S MOTOR CO

	 MICHIGAN CAR & TRUCK, INC.

	 MID AMERICA AUTO GROUP

	 MID FLORIDA WHOLESALERS INC

	 MID OVERSEAS, INC.

	 MIDDLETON USED CARS

	 MIDDLETOWN FORD, INC

	 MIDFIELD MOTOR COMPANY, INC.

	 MID-LAKE MOTORS, INC.

	 MIDSTATE MOTORS

	 MID-TOWNE AUTO CENTER, INC.

	 MIDWAY MOTORS

	 MIDWEST MOTORS & TIRES

	 MIKE ALBERT LEASING INC

	 MIKE BASS FORD

	 MIKE CASTRUCCI FORD OF ALEX

	 MIKE CASTRUCCI FORD SALES

	 MIKE ERDMAN MOTORS, INC.

 

 DEALER NAME 
  

	
	 MIKE ERDMAN TOYOTA

	 MIKE PRUITT HONDA, INC

	 MIKE SHAD FORD

	 MIKE SHAD NISSAN

	 MIKE WILSON CHEVROLET

	 MIKE’S AUTO FINANCE

	 MIKE’S BUICK PONTIAC GMC

	 MIKES PREOWNED SUPERSTORE

	 MILES AUTO CARE

	 MILESTONE MOTORS, L.L.C.

	 MILLENIUM AUTOMOTIVE GROUP

	 MILLER MOTOR CARS

	 MILTON MARTIN HONDA

	 MINCER MOTORS, INC.

	 MINIVAN SOURCE, INC.

	 MIRA AUTO SALES

	 MIRACLE CHRYSLER DODGE JEEP

	 MISSION AUTOMOTIVE, LLC

	 MITCH SMITH CHEVROLET

	 MLM AUTOBROKERS LLC

	 MOBE INC

	 MODERN CORP

	 MODERN HYUNDAI OF CONCORD LLC

	 MODERN NISSAN CONCORD LLC

	 MODERN TOYOTA

	 MOMENTUM AUTO SALES LLC

	 MONKEY WRENCHS AUTO SALES &

	 MONROE DODGE/CHRYSLER INC.

	 MONTEVALLO IMPORTS, LLC

	 MONTGOMERY MOTORS

	 MONTROSE FORD LINCOLN/MERCURY

	 MONTROSE MAZDA KENT

	 MONTROSE TOYOTA

	 MONTROSE TRI COUNTY KIA

	 MOORE NISSAN

	 MORAN CHEVROLET

	 MOTOR CAR CONCEPTS II

	 MOTOR CARS HONDA

	 MOTOR CARS OF STUART

	 MOTOR NATION LLC

	 MOTORCARS TOYOTA

	 MOTORMAX OF GR

	 MR T’S AUTO DETAIL & SALES INC

	 MT CLEMENS AUTO CENTER

	 MULLINAX AUTO SALES

	 MULLINAX FORD OF PALM BEACH

	 MUNZY’S MOTORS INC

	 MURPHY AUTO SALES

	 MUSIC TOWN MOTOR CARS III

	 MY AUTO IMPORT CENTER

	 MY FLORIDA DIRECT AUTO

	 N T I

	 NALLEY INFINITI

	 NALLEY JAGUAR ROSWELL

 DEALER NAME 
  

	
	 NAPLES AUTOMOTIVE GROUP INC

	 NAPLETON’S NORTH PALM AUTO PK

	 NATIONAL AUTO FINANCE

	 NATIONAL CAR MART, INC

	 NATIONAL CAR SALES

	 NEIL HUFFMAN NISSAN

	 NEIL HUFFMAN VW

	 NELSON MAZDA

	 NELSON MAZDA RIVERGATE

	 NETWORK AUTO SALES INC

	 NEW DAWN AUTO MALL

	 NEW MILLENNIUM AUTO SALES, INC

	 NEW WAY AUTOMOTIVE

	 NEWCOMBS SERVICE, INC

	 NEWTON’S AUTO SALES, INC.

	 NICHOLAS DATA

	 NICHOLS DODGE, INC.

	 NIMNICHT CHEVROLET

	 NISSAN OF GALLATIN

	 NISSAN OF NORTH OLMSTED

	 NISSAN OF RIVERGATE

	 NISSAN ON NICHOLASVILLE

	 NISSAN SOUTH

	 NORSIDE IMPORTS

	 NORTH BROTHERS FORD, INC

	 NORTH COAST AUTO MALL

	 NORTH FLORIDA LINCOLN MERCURY

	 NORTH POINT MOTORS, LLC

	 NORTHEAST FLORIDA AUTO SOLUTIO

	 NORTHGATE FORD LINCOLN MERCURY

	 NORTHLAND CHRYSLER JEEP DODGE

	 NOURSE CHILLICOTHE

	 O C WELCH FORD LINCOLN MERCURY

	 OAK TREE MOTORS

	 OASIS AUTO SALES INC

	 O’BRIEN AUTO CENTER

	 OCEAN AUTO SALES OF MIAMI INC

	 OCEAN MAZDA

	 O’CONNOR AUTOMOTIVE, INC

	 O’DANIEL MOTOR SALES, INC.

	 OHARA CHRYSLER DODGE JEEP, INC

	 OHIO WHOLESALE AUTO SHIPPERS

	 OLD SOUTH SALES INC.

	 OMNI AUTO SALES

	 ON THE ROAD AGAIN, INC.

	 ON TRACK AUTO MALL, INC.

	 ONYX MOTORS

	 ORANGE PARK DODGE

	 ORANGE PARK MITSUBISHI

	 ORLANDO AUTO BROKERS, INC.

	 ORLANDO AUTO SPECIALISTS, INC

	 OXMOOR HYUNDAI

	 OXMOOR TOYOTA

	 P&L AUTO SALES

 

 DEALER NAME 
  

	
	 PAGE TOYOTA

	 PAIR OF ACES AUTO SALES

	 PALAFOX MOTORS, INC.

	 PALATKA FORD-MERCURY, INC.

	 PALM AUTOMOTIVE GROUP

	 PALM BAY FORD

	 PALM BAY MOTORS

	 PALM BEACH AUTOMOTIVE SALES IN

	 PALM CHEVROLET

	 PALM CHEVROLET OF GAINESVILLE

	 PALM HARBOR HONDA

	 PALMETTO PREOWNED

	 PANAMA CITY AUTOMOTIVE

	 PANHANDLE AUTOMOTIVE INC.

	 PARADISE FORD

	 PARAMOUNT AUTO

	 PARK AUTO MALL, INC

	 PARK FORD

	 PARKS AT THE LAKE LLC

	 PARKS AUTOMOTIVE, INC

	 PARKS CHEVROLET - GEO

	 PARKS CHEVROLET, INC

	 PARKWAY FORD, INC.

	 PATRICK O’BRIEN JR, CHEV. INC.

	 PATRIOT AUTOMOTIVE SALES &

	 PATTERSON ENTERPRISE

	 PAUL HARVEY FORD SALES

	 PAUL MILLER FORD, INC.

	 PAUL’S TRADING STATION LLC

	 PAYNES AUTO MART AND LEASING

	 PEARSON FORD, INC.

	 PEARSON IMPORTS, INC.

	 PEDIGO’S HEARTLAND CROSSING

	 PEGGY’S AUTO SALES

	 PELHAM’S AUTO SALES

	 PENNSYVANIA AUTO SALES LLC

	 PENSACOLA AUTO BROKERS, INC

	 PENSACOLA AUTO DEPOT

	 PENSACOLA HONDA

	 PERFORMANCE CHRYSLER JEEP DODG

	 PERFORMANCE GMC OF

	 PETE MOORE CHEVROLET, INC

	 PETERS AUTO SALES, INC.

	 PHIL SMITH CHEVROLET

	 PHILLIPS BUICK PONTIAC GMC INC

	 PHILLIPS CHRYSLER-JEEP, INC

	 PIEDMONT AUTO SALES NETWORK

	 PIERSON AUTOMOTIVE

	 PILES CHEV-OLDS-PONT-BUICK

	 PINE FOREST AUTOMOTIVE CENTER

	 PINNACLE AUTO HOLDINGS

	 PINNACLE AUTO SALES

	 PIRTLE HOWERTON CHEVROLET

	 PLAINFIELD AUTO SALES, INC.

 DEALER NAME 
  

	
	 PLANET SUZUKI

	 PLATINUM MOTOR CARS

	 PLATTNER’S

	 PLATTNER’S TARPON SPRINGS

	 PLATTNER’S WINTER PARK

	 PLAZA LINCOLN MERCURY

	 PLAZA MOTORS OF VA LLC

	 PLAZA MOTORS, INC.

	 POMOCO CHRYSLER/PLY OF HAMPTON

	 POMPANO HONDA

	 PORT MOTORS

	 POTAMKIN HYUNDAI, INC.

	 POWER PONTIAC GMC OLDSMOBILE

	 PRECISION MOTOR CARS

	 PREFERRED AUTO

	 PREMIER AUTO BROKERS, INC.

	 PREMIER AUTO MART, INC

	 PREMIER FORD LINCOLN MERCURY

	 PREMIER MOTORCAR GALLERY

	 PREMIERE CHEVROLET, INC.

	 PREMIUM AUTO SALES AND SERV

	 PRESTIGE AUTO SALES & RENTALS

	 PRESTIGE HONDA OF THOMASVILLE

	 PRESTIGE LEASING AND SALES INC

	 PRESTON HYUNDAI

	 PRICED RIGHT CARS, INC

	 PRIME MOTORS INC

	 PRIORITY 1 MOTORS, LLC

	 PROCAR

	 PROCTOR & PROCTOR

	 PROFESSIONAL AUTO SALES

	 QUALITY BANK REPOS

	 QUALITY CARS & TRUCKS

	 QUALITY IMPORTS

	 QUALITY IMPORTS, INC

	 QUALITY PONTIAC LTD

	 QUICK & WISER AUTO SALES

	 R & R WHOLESALE

	 R & Z AUTO SALES

	 R.H. CARS, INC.

	 R.K. CHEVROLET

	 RALLEY WHEELS INC

	 RALLYE MOTORS, INC

	 RANDY MARION CHEVROLET PONTIAC

	 RANKL & RIES MOTORCARS, INC

	 RAY SKILLMAN CHEVROLET

	 RAY SKILLMAN EASTSIDE

	 RAY SKILLMAN FORD INC.

	 RAY SKILLMAN NORTHEAST BUICK G

	 RAY SKILLMAN NORTHEAST MAZDA

	 RAY SKILLMAN OLDSMOBILE AND

	 RAY SKILLMAN WESTSIDE

	 RDM AUTOMOTIVE GROUP

	 RE BARBER FORD INC

 

 DEALER NAME 
  

	
	 READY CARS INC

	 RED HOAGLAND HYUNDAI, INC.

	 RED HOAGLAND PONTIAC GMC INC

	 REDMOND AUTOMOTIVE

	 REEVES IMPORT MOTOR CARS

	 REGAL CARS OF FLORIDA INC

	 REGAL PONTIAC, INC.

	 REGISTER CHEVROLET & OLDS

	 RELIABLE AUTO SALES

	 RELIABLE USED CARS

	 REYNOLDSBURG MOTOR CAR COMPANY

	 RICH FORD LINCOLN MERCURY

	 RICH MORTONS GLEN BURNIE

	 RICHMOND FORD

	 RICK CASE HYUNDAI

	 RICK DAVENPORT AUTO SALES, INC

	 RICK HENDRICK CHEVROLET

	 RICK MATTHEWS BUICK PONTIAC

	 RICKS AUTO SALES

	 RIGHTWAY AUTOMOTIVE CREDIT

	 RIOS MOTORS

	 RITA CASE CARS INC

	 RIVER CITY AUTO CENTER

	 RIVERCHASE KIA

	 RIVERGATE CARNIVAL KIA

	 RIVERGATE TOYOTA

	 RIVERSIDE MOTORS, INC

	 ROAD RUNNER AUTO SALES, INC.

	 ROBINSON AUTOMOTIVE GROUP

	 ROBKE CHEVROLET COMPANY

	 ROCK BOTTOM AUTO SALES, INC.

	 ROD HATFIELD CHEVROLET, LLC

	 ROD HATFIELD CHRYSLER DGE JEEP

	 ROGER DEAN CHEVROLET

	 ROGER DEAN CHEVROLET-GEO

	 RON ANDERSON CHEVROLET-

	 RON BUTLER MOTORS, LLC

	 ROSE CHEVROLET, INC.

	 ROSE CITY MOTORS

	 ROSE CITY MOTORS 2

	 ROSEVILLE CHRYSLER JEEP

	 ROSS’S AUTO SALES

	 ROUSH HONDA USED CAR COMPANY

	 ROUTE 4 AUTO STORE

	 ROY CAMPBELL CHEVROLET, INC.

	 ROY O’BRIEN, INC

	 ROYAL AUTOMOTIVE

	 RPM AUTO SALES LLC

	 RPM MOTORSPORTS OF ATLANTA LLC

	 RTI AUTO SALES

	 RYAN’S AUTO SALES

	 S & J AUTO SALES

	 S S & M AUTOMOTIVE

	 S WILSON’S AUTO SALES

  
  

 DEALER NAME 
  

	
	 SALTON MOTOR CARS INC

	 SAM GALLOWAY FORD INC.

	 SAM SWOPE AUTO GROUP, LLC

	 SAM SWOPE PONTIAC BUICK GMC

	 SANDY SPRINGS TOYOTA

	 SANFORD HONDA

	 SANSING CHEVROLET, INC

	 SANTEL AUTO SALES INC

	 SANTOS AUTOMOTIVE LLC

	 SARASOTA CHRYSLER PLYMOUTH

	 SARASOTA FORD

	 SARATOGA AUTO SALES, LLC

	 SATURN OF CHAPEL HILL

	 SATURN OF CLEARWATER

	 SATURN OF DECATUR

	 SATURN OF MIDDLEBURG HTS

	 SATURN OF ORLANDO - SOUTH

	 SATURN OF RALEIGH

	 SATURN OF ST PETE

	 SATURN OF TOLEDO

	 SATURN OF WEST BROWARD

	 SATURN OF WEST PALM BEACH

	 SATURN SW FLORIDA LLC DBA

	 SAULS MOTOR COMPANY, INC.

	 SAV MOR AUTOS

	 SAVANNAH AUTO

	 SAVANNAH AUTOMOTIVE GROUP

	 SAVANNAH HYUNDAI

	 SAVANNAH MOTORS

	 SAVANNAH SPORTS AND IMPORTS

	 SAVANNAH TOYOTA & SCION

	 SCHULTZ AUTO BROKERS

	 SCHUMACHER AUTOMOBILE, INC

	 SCOGGINS CHEVROLET OLDS BUICK

	 SCOTT EVANS CHRYSLER PLYMOUTH

	 SCOTT EVANS NISSAN

	 SCOTTI’S AUTO REPAIT AND SALES

	 SCOTTY’S AUTO SALES

	 SECONDARY STRATEGIES, INC.

	 SELECT IMPORTS

	 SEMMES AUTO SALES, INC.

	 SERPENTI CHEVROLET OF ORVILLE

	 SERPENTINI CHEVROLET OF

	 SERRA AUTOMOTIVE

	 SHAMBURG AUTO SALES

	 SHAMROCK MOTORS LLC

	 SHARPNACK FORD

	 SHAWNEE MOTORS GROUP

	 SHEEHAN PONTIAC

	 SHUTT ENTERPRISES

	 SIMMONS NISSAN

	 SIMS BUICK PONTIAC, LLC

	 SMART CENTER BUCKHEAD

	 SMITH FORD

 

 DEALER NAME 
  

	
	 SMITH’S AUTO SALES

	 SONNY HANCOCK

	 SONS ACURA

	 SONS HONDA

	 SOUTH BEACH MOTORS

	 SOUTH FLORIDA SALES & LEASING

	 SOUTH I-75 CHRYSLER DODGE JEEP

	 SOUTH MOTOR COMPANY OF DADE

	 SOUTHEAST JEEP EAGLE

	 SOUTHEAST SIGNATURE MOTORS

	 SOUTHERN MOTORS OF SAVANNAH

	 SOUTHERN PRIDE AUTO SALES, INC

	 SOUTHERN STATES NISSAN, INC.

	 SOUTHERN TRUST AUTO SALES

	 SOUTHERN USED CARS

	 SOUTHERN WHOLESALE CARS

	 SOUTHGATE FORD

	 SOUTHPORT MOTORS

	 SOUTHTOWNE ISUZU

	 SOUTHWEST AUTO SALES

	 SOUTHWEST FLORIDA AUTO BROKERS

	 SOUTHWIND FORD INC

	 SPACE COAST HONDA

	 SPARTA CHEVROLET INC

	 SPARTAN LINCOLN MERCURY

	 SPEEDWAY MOTORS, INC

	 SPIRIT FORD INC

	 SPITZER AUTOWORLD

	 SPITZER AUTOWORLD SHEFFIELD

	 SPITZER BUICK, INC.

	 SPITZER DODGE

	 SPITZER DODGE

	 SPITZER KIA

	 SPITZER LAKEWOOD, INC

	 SPITZER MOTOR CITY

	 SPORT MAZDA

	 SPORT MITSUBISHI

	 SPORTS AND IMPORTS, INC.

	 ST PETE AUTO MALL

	 STADIUM CHEVROLET BUICK

	 STAN’S CAR SALES

	 STAR AUTO SALES

	 STARFLEET CARS

	 STARRS CARS AND TRUCKS, INC

	 STEARNS MOTORS OF NAPLES

	 STEPHEN A FINN AUTO BROKER

	 STEPHEN KING AUTOMOTIVE, LLC

	 STEVE RAYMAN CHEVROLET, LLC

	 STEVE SORENSON CHEVROLET INC.

	 STEWART NISSAN

	 STIENER AUTOMOTIVE GROUP

	 STINGRAY CHEVROLET

	 STOKES BROWN TOYOTA SCION

	 STOKES HONDA CARS OF BEAUFORT

  
  

	
	DEALER NAME
	
	 STOKES MITSUBISHI

	 STONE MOUNTAIN MOTORS

	 STONE MOUNTAIN NISSAN

	 STONECREST TOYOTA

	 SUBARU SOUTH BLVD

	 SUBURBAN AUTO SALES

	 SUBURBAN CHEVROLET

	 SULLIVAN PONTIAC CADILLAC GMC

	 SULLIVAN’S ON BASELINE

	 SUMMIT PLACE KIA

	 SUN HONDA

	 SUN TOYOTA

	 SUNBELT HONDA

	 SUNCOAST CHRYSLER PLYMOUTH

	 SUNCOAST FORD

	 SUNDANCE CHEVROLET INC

	 SUNRISE AUTOMOTIVE

	 SUNSET DODGE, INC

	 SUNSHINE AUTO GROUP II, INC

	 SUNSTATE FORD

	 SUPER AUTO SALES

	 SUPERIOR ACURA

	 SUPERIOR AUTO SALES

	 SUPERIOR CHEVROLET

	 SUPERIOR HYUNDAI

	 SUPERIOR MOTORS NORTH

	 SUPERIOR PONTIAC BUICK GMC,INC

	 SUPRA ENTERPRISES

	 SUTHERLIN NISSAN

	 SUTHERLIN NISSAN MALL OF GA.

	 SUTHERLIN NISSAN OF FT. MYERS

	 SUZUKI OF NASHVILLE

	 SWEENEY BUICK PONTIAC GMC

	 SWEENEY CHEVROLET

	 SWEENEY CHRYSLER DODGE JEEP

	 T N S AUTO SALES, INC.

	 TALLAHASSEE FORD LINCOLN

	 TAMERON AUTOMOTIVE EASTERN

	 TAMERON AUTOMOTIVE GROUP

	 TAMI AUTO SALES INC

	 TAMIAMI FORD, INC.

	 TAMPA AUTO SOURCE INC

	 TAMPA HONDALAND

	 TAMPA LUXURY CARS

	 TAPPER AUTO SALES

	 TAYLOR AUTO SALES, INC.

	 TAYLOR CADILLAC, INC

	 TAYLOR FORD, INC.

	 TAYLOR MORGAN INC

	 TAYLOR’S AUTO SALES

	 TEAM FORD OF MARIETTA

	 TEAM HONDA

	 TEAM NISSAN OF MARIETTA

	 TED’S AUTO SALES,
INC.

	
	DEALER NAME
	
	 TELEGRAPH CHRYSLER JEEP, INC.

	 TERRY LEE HONDA

	 TERRY’S AUTO SALES, INC.

	 TEXAS MOTOR AUTO SALES

	 THE 3445 CAR STORE, INC.

	 THE AUTO LIVERY

	 THE AUTO OUTLET

	 THE AUTO SOURCE, INC

	 THE CAR AND TRUCK STORE LLC

	 THE CAR CABANA OF

	 THE CAR COMPANY, INC

	 THE CAR CONNECTION, INC.

	 THE CAR EXCHANGE

	 THE CAR LOT

	 THE CAR SHACK

	 THE CAR STORE INC.

	 THE KIA STORE

	 THE LUXURY AUTOHAUS INC.

	 THE MINIVAN PLACE

	 THE TRUCK FARM OF EASLEY

	 THE TRUCK LINK, LLC

	 THOMAS & SON INC.

	 THOMAS AUTO MART, INC.

	 THOMAS OF CAIRO, CHEV, PONT

	 THOMASVILLE SALES COMPANY

	 THOMASVILLE TOYOTA

	 THOMPSON CADILLAC

	 THORNTON CHEVROLET, INC

	 THRIFTY CAR SALES OF PENSACOLA

	 THURSTON FLEET SALES

	 TIMBERLAND FORD

	 T-MOTOR SALES

	 TNT USED AUTO SALES, INC.

	 TODD WENZEL BUICK PONTIAC GMC

	 TOM EDWARDS, INC

	 TOM GILL CHEVROLET

	 TOM HOLZER FORD

	 TOM KELLEY BUICK GMC PONTIAC

	 TOM MOORE CHEVROLET

	 TOM SMITH TRADE IN LIQUIDATION

	 TOM STENHOUWER AUTO SALES INC

	 TOM WOOD FORD

	 TOM WOOD TOYOTA, INC.

	 TOMLINSON MOTOR COMPANY OF

	 TONY ON WHEELS, INC.

	 TOWN & COUNTRY AUTO & TRUCK

	 TOWN & COUNTRY FORD

	 TOWN & COUNTRY FORD, INC.

	 TOWN & COUNTRY SELECT

	 TOWN CENTER KIA

	 TOWNSEND IMPORTS

	 TOWNSEND MOTORS, INC

	 TOWNSENDS MAGNOLIA

	 TOYOTA AT THE AVENUES INC

  
  

	
	DEALER NAME
	
	 TOYOTA MALL OF GEORGIA

	 TOYOTA OF ALBANY

	 TOYOTA OF BEDFORD

	 TOYOTA OF CINCINNATI CO, INC.

	 TOYOTA OF EASLEY

	 TOYOTA OF GREER

	 TOYOTA OF HOLLYWOOD

	 TOYOTA OF LOUISVILLE, INC.

	 TOYOTA OF MCDONOUGH

	 TOYOTA OF MUNCIE

	 TOYOTA OF WINTER HAVEN

	 TOYOTA WEST/SCION WEST

	 TOYOTA-LEXUS OF MELBOURNE

	 TRADEWINDS MOTOR CENTER

	 TRI COUNTY MOTORS

	 TRIAD AUTO INC.

	 TRIAD AUTO SOURCE

	 TRI-COUNTY CHRYSLER PRODUCTS

	 TRI-COUNTY MOTORS

	 TRINITY AUTOMOTIVE

	 TRINITY MOTORCARS INC LOT 2

	 TRIPLE M AUTO CONSULTANTS

	 TRONCALLI CHRYSLER-JEEP

	 TROPIC AUTO & MARINE

	 TROPICAL AUTO SALES

	 TROPICAL CHEVROLET

	 TROPICAL FORD

	 TROY FORD INC

	 TRUCKS DIRECT

	 TRYON ST AUTO MART, INC

	 TWO RIVERS USED CAR STORE

	 TWO WHEELED DREAMS LLC

	 TYLERS INC

	 U CAN RIDE AUTO GROUP LLC

	 U RIDE AUTO SALES

	 U.S. AUTO GROUP, INC.

	 ULTIMATE IMAGE AUTO, INC

	 UNDERWOOD MOTORS INC

	 UNION CITY NISSAN

	 UNIQUE AUTO SALES, LLC

	 UNITED AUTO BROKERS

	 UNITED SALES AND LEASING, INC

	 UNIVERSAL AUTO SALES OF PLANT

	 UNIVERSAL CHEVROLET CO

	 UNIVERSITY AUTO & TRUCK

	 UNIVERSITY CHEVROLET, INC

	 UNIVERSITY MOTORS

	 US 1 CHRYSLER DODGE JEEP

	 US 70 MOTORS LLC

	 US MOTORS

	 USA AUTO & LENDING INC

	 USA MOTORCARS

	 USED CAR DEPOT OF DURHAM

	 USED CAR
FACTORY

	
	DEALER NAME
	
	 USED CAR FACTORY INC

	 USED CAR MOTOR MALL OF GRAND

	 USED CAR SUPERMARKET

	 V AND E ENTERPRISES

	 VA BEACH AUTO SHOWCASE, INC.

	 VADEN CHEVROLET BUICK PONTIAC

	 VADEN VOLKSWAGEN

	 VALUE 1 AUTO SALES

	 VAN DEVERE, INC

	 VANN YORK NISSAN, INC.

	 VANN YORK PONTIAC BUICK GMC

	 VANN YORK TOYOTA, INC

	 VARIETY MOTORS, INC.

	 VEHICLES 4 SALES, INC.

	 VELOCITY MOTORS INC

	 VETERANS FORD

	 VIC BAILEY HONDA, INC.

	 VICTORIA MOTORS, LLC

	 VICTORY CHEVROLET LLC

	 VICTORY CHEVROLET OF MADISON

	 VICTORY NISSAN

	 VICTORY NISSAN OF CHESAPEAKE

	 VILLAGE AUTO OUTLET INC

	 VILLAGE FORD INC

	 VINCE WHIBBS PONTIAC-GMC

	 VOLVO OF FT. MYERS

	 VOLVO OF TAMPA

	 VOSS CHEVROLET INC

	 VOSS SUZUKI

	 W. HARE & SON

	 W.P.B. AUTOMART/KIA

	 WADE FORD INC

	 WADE RAULERSON

	 WADSWORTH AUTOMOTIVE INV, LLC

	 WALKER FORD CO., INC.

	 WALSH AUTO BODY, INC

	 WAYLAND MOTOR SALES

	 WAYNE AKERS FORD INC.

	 WAYNE THOMAS CHEVROLET, INC.

	 WEINLE AUTO SALES

	 WESH INC

	 WESLEY CHAPEL TOYOTA

	 WEST COAST CAR & TRUCK SALES

	 WEST END AUTO SALES & SERVICE

	 WEST SIDE TOYOTA

	 WESTGATE CHRYSLER JEEP DODGE

	 WESTLAND MOTORS RCP, INC.

	 WHEELS FOR SALE BY OWNER &

	 WHEELS MOTOR SALES

	 WHITE ALLEN CHEVROLET SUBARU

	 WHITE ALLEN HONDA

	 WHITTEN AUTO CENTER

	 WHOLESALE DIRECT

	 WHOLESALE DIRECT AUTO SALES

  
  

	
	DEALER NAME
	
	 WHOLESALE, INC

	 WILLETT HONDA SOUTH

	 WILMINGTON AUTO CENTER

	 WILSON BROTHERS

	 WILSON MOTORS WHOLESALE, INC

	 WINTER HAVEN CHRYSLER PLYMOUTH

	 WINTER PARK AUTO MALL CORP

	 WMS MOTOR SALES, LTD

	 WODA AUTOMOTIVE, LLC

	 WOODBRIDGE MOTORS, INC.

	 WOODY SANDER FORD, INC.

	 WORLD CAR CENTER & FINANCING

	 WORLD CLASS AUTO SUPERSTORE

	 WORLD CLASS SUBARU

	 WORLD FORD STONE MOUNTAIN

	 WORLD ON WHEELS OF MIAMI INC

	 WORLD TOYOTA

	 WORLEY AUTO SALES

	 WOW CAR COMPANY

	 WRIGHT’S AUTO SALES

	 WULLENWEBER MOTORS

	 XL1 MOTORSPORTS, INC

	 YADKIN ROAD AUTO MART

	 YARK AUTOMOTIVE GROUP, INC

	 YERBY BAUER AUTO SALES

	 YERTON LEASING & AUTO SALES

	 YES CARS OF ATLANTA LLC

	 YOUR DEAL AUTOMOTIVE

	 ZAM’S USED
CARSFifth Amended and Restated Investor Rights Agreement, dated June 16, 2010

 Exhibit 4.2 

PACIFIC BIOSCIENCES OF CALIFORNIA, INC. 

FIFTH AMENDED AND RESTATED 

INVESTOR RIGHTS AGREEMENT 

 TABLE OF CONTENTS 

 

					
	 	  	 	  	Page
	SECTION 1.	  	GENERAL	  	1
	1.1  	  	Definitions	  	1
			
	SECTION 2.	  	REGISTRATION; RESTRICTIONS ON TRANSFER	  	3
	2.1  	  	Restrictions on Transfer	  	3
	2.2  	  	Demand Registration	  	5
	2.3  	  	Piggyback Registrations	  	7
	2.4  	  	Form S-3 Registration	  	8
	2.5  	  	Expenses of Registration	  	9
	2.6  	  	Obligations of the Company	  	9
	2.7  	  	Delay of Registration; Furnishing Information	  	11
	2.8  	  	Indemnification	  	12
	2.9  	  	Assignment of Registration Rights	  	14
	2.10	  	Limitation on Subsequent Registration Rights	  	14
	2.11	  	“Market Stand-Off” Agreement	  	15
	2.12	  	Agreement to Furnish Information	  	15
	2.13	  	Rule 144 Reporting and Form S-3 Availability	  	16
			
	SECTION 3.	  	COVENANTS OF THE COMPANY	  	16
	3.1  	  	Basic Financial Information and Reporting	  	16
	3.2  	  	Inspection Rights	  	17
	3.3  	  	Confidentiality of Records	  	17
	3.4  	  	Reservation of Stock	  	18
	3.5  	  	Stock Vesting	  	18
	3.6  	  	Market Standoff	  	18
	3.7  	  	Proprietary Information and Inventions Agreement	  	18
	3.8  	  	Meetings of the Board of Directors	  	19
	3.9  	  	Board Expenses	  	19
	3.10	  	Insurance	  	19
	3.11	  	Tax Matters Relating to Former S Corporation Status	  	19
	3.12	  	Board Committees	  	19
	3.13	  	Right to Conduct Business	  	19
	3.14	  	Open Source Policy	  	19
	3.15	  	Termination of Covenants	  	20
			
	SECTION 4.	  	RIGHTS OF FIRST REFUSAL	  	20
	4.1  	  	Subsequent Offerings	  	20
	4.2  	  	Exercise of Rights	  	20
	4.3  	  	Issuance of Equity Securities to Other Persons	  	21
	4.4  	  	Termination and Waiver of Rights of First Refusal	  	21
	4.5  	  	Transfer of Rights of First Refusal	  	21
	4.6  	  	Excluded Securities	  	21

 TABLE OF CONTENTS 

(Continued) 
  

					
	 	  	 	  	Page
	 SECTION 5.
	  	MISCELLANEOUS	  	22
	 5.1  
	  	Governing Law	  	22
	 5.2  
	  	Successors and Assigns	  	23
	 5.3  
	  	Entire Agreement	  	23
	 5.4  
	  	Severability	  	23
	 5.5  
	  	Amendment and Waiver	  	23
	 5.6  
	  	Delays or Omissions	  	23
	 5.7  
	  	Notices	  	24
	 5.8  
	  	Attorneys’ Fees	  	24
	 5.9  
	  	Titles and Subtitles	  	24
	 5.10
	  	Additional Investors	  	24
	 5.11
	  	Counterparts	  	24
	 5.12
	  	Aggregation of Stock	  	24
	 5.13
	  	Pronouns	  	24
	 5.14
	  	Termination	  	25
	 5.15
	  	No Third-Party Beneficiaries	  	25
	 5.16
	  	Prior Agreement	  	25

  

 -ii- 

 PACIFIC BIOSCIENCES OF CALIFORNIA, INC. 

FIFTH AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT 

THIS FIFTH AMENDED AND RESTATED INVESTOR
RIGHTS AGREEMENT (the “Agreement”) is entered into as of June 16, 2010, by and among PACIFIC BIOSCIENCES OF
CALIFORNIA, INC., a Delaware corporation (the “Company”) and each of the persons and entities listed on Exhibit A hereto and referred to hereinafter collectively as the
“Investors” and each individually as an “Investor.” 
 RECITALS

 WHEREAS, the Company and certain of the Investors entered into the Fourth Amended
and Restated Investor Rights Agreement, dated as of July 11, 2008, as subsequently amended, pursuant to which the Company granted registration, information and pre-emptive rights to certain of the Holders (the “Prior
Agreement”); 
 WHEREAS, certain of the Investors are purchasing shares of the
Company’s Series F Preferred Stock (the “Series F Stock”) pursuant to that certain Series F Preferred Stock Purchase Agreement (the “Purchase Agreement”) of even date herewith (the
purchase and sale of such Series F Stock referred to herein as the “Financing”); 

WHEREAS, in connection with the consummation of the Financing, the parties desire to enter into this
Agreement in order to grant registration, information and other rights to the purchasers of the Series F Stock as set forth below; and 

WHEREAS, this Agreement hereby amends, restates and supersedes in its entirety the Prior Agreement.

 NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree hereto as follows: 
 SECTION 1.
GENERAL 
 1.1 Definitions. As used in this Agreement the following terms shall have the following respective
meanings: 
 (a) “Exchange Act” means the Securities Exchange Act of 1934, as amended, or any
similar successor federal statute and the rules and regulations thereunder, all as the same shall be in effect from time to time. 

(b) “Form S-3” means such form under the Securities Act as in effect on the date hereof or any
successor or similar registration form under the Securities Act subsequently adopted by the SEC which permits inclusion or incorporation of substantial information by reference to other documents filed by the Company with the SEC. 

 (c) “Holder” means any person owning of record Registrable
Securities that have not been sold to the public or any assignee of record of such Registrable Securities in accordance with Section 2.9 hereof. 

(d) “Initial Offering” means the Company’s first underwritten public offering of its Common Stock to
the general public that is effected pursuant to a registration statement filed with, and declared effective by, the Commission under the Securities Act. 

(e) “Major Investor” shall mean (i) any Investor (together with its affiliates) that owns not less
than two hundred eighty-five thousand seven hundred (285,700) shares of Series E Stock or three hundred thousand (300,000) shares of Registrable Securities (as adjusted for stock splits and combinations), (ii) Entrepreneur America
Mentors LLC so long as it holds 222,992 shares of Registrable Securities, or (iii) registered investment advisers (as well as any of their affiliates) that hold on a discretionary basis on behalf of their clients 300,000 or more shares of
Registrable Securities. Solely for the purposes of Section 3.1 hereof “Major Investor” shall also mean the Cornell Research Foundation, Inc. 

(f) “Register,” “registered,” and “registration” refer to
a registration effected by preparing and filing a registration statement in compliance with the Securities Act, and the declaration or ordering of effectiveness of such registration statement or document. 

(g) “Registrable Securities” means (a) Common Stock of the Company issuable or issued (i) upon
conversion of the Shares; (ii) upon conversion of shares of Junior Preferred Stock of the Company that were originally issued upon conversion of the Shares or (iii) upon conversion of the shares of Series B Preferred Stock issuable upon
exercise of those warrants to purchase Series B Preferred Stock held by Lighthouse Capital Partners V, L.P. or its affiliates, (b) for the purposes of Section 2 hereof, the shares of Common Stock issuable or issued upon conversion of
the Junior Preferred Stock held by the Cornell Research Foundation, Inc. and (c) any Common Stock of the Company issued as (or issuable upon the conversion or exercise of any warrant, right or other security which is issued as) a dividend or
other distribution with respect to, or in exchange for or in replacement of, any of the above-described securities. Notwithstanding the foregoing, Registrable Securities shall not include any securities (i) sold by a person to the public either
pursuant to a registration statement or Rule 144, (ii) sold in a private transaction in which the transferor’s rights under Section 2 of this Agreement are not assigned or (iii) held by a Holder (together with its
affiliates) if, as reflected on the Company’s list of stockholders, such Holder (together with its affiliates) holds less than 1% of the Company’s outstanding Common Stock (treating all shares of Preferred Stock on an
as-converted basis), the Company has completed its Initial Offering and all shares of Common Stock of the Company issuable or issued upon conversion of the Shares held by and issuable to such Holder (and its affiliates) may be sold pursuant to
Rule 144 during any ninety (90) day period. 

 (h) “Registrable Securities then outstanding” shall be the
number of shares of the Company’s Common Stock that are Registrable Securities and either (a) are then issued and outstanding or (b) are issuable pursuant to then exercisable or convertible securities. 

(i) “Registration Expenses” shall mean all expenses incurred by the Company in complying with
Sections 2.2, 2.3 and 2.4 hereof, including, without limitation, all registration and filing fees, printing expenses, escrow fees, fees and disbursements of counsel for the Company, reasonable fees and disbursements not to exceed forty thousand
dollars ($40,000) for a single special counsel for the Holders, blue sky fees and expenses and the expense of any special audits incident to or required by any such registration (but excluding the compensation of regular employees of the Company
which shall be paid in any event by the Company). 
 (j) “SEC” or
“Commission” means the Securities and Exchange Commission. 
 (k) “Securities
Act” shall mean the Securities Act of 1933, as amended, or any similar successor federal statute and the rules and regulations thereunder, all as the same shall be in effect from time to time. 

(l) “Selling Expenses” shall mean all underwriting discounts, selling commissions and stock transfer taxes
applicable to the sale of Registrable Securities, and fees and disbursements of counsel for any Holder (other than as allowed as Registration Expenses). 

(m) “Shares” shall mean shares of the Company’s Series A Preferred Stock, Series B
Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock, (collectively, the “Senior Preferred Stock”) held from time to time by the Investors
listed on Exhibit A hereto and their permitted assigns. 
 (n) “Special Registration
Statement” shall mean (i) a registration statement relating to any employee benefit plan or arrangement, or the resale of securities issued pursuant to such a plan or arrangement or (ii) a registration filed with respect to
any corporate reorganization or transaction under Rule 145 of the Securities Act, including any registration statements related to the issuance or resale of securities issued in such a transaction or (iii) a registration related to stock
issued upon conversion of debt securities and any warrants issued in connection with the issuance of debt securities. 
 SECTION 2.
REGISTRATION; RESTRICTIONS ON TRANSFER 
 2.1 Restrictions on Transfer 

(a) Each Holder agrees not to make any disposition of all or any portion of the Shares or Registrable Securities unless and until:

 (i) there is then in effect a registration statement under the Securities Act covering such proposed disposition and
such disposition is made in accordance with such registration statement; or 

 (ii)(A) The transferee has agreed in writing to be bound by the terms of this
Agreement, (B) such Holder shall have notified the Company of the proposed disposition and shall have furnished the Company with a detailed statement of the circumstances surrounding the proposed disposition, and (C) if reasonably
requested by the Company, such Holder shall have furnished the Company with an opinion of counsel, reasonably satisfactory to the Company, that such disposition will not require registration of such shares under the Securities Act. It is agreed that
the Company will not require opinions of counsel for transactions made pursuant to Rule 144, except in unusual circumstances. After its Initial Offering, the Company will not require the transferee to be bound by the terms of this Agreement.

 (b) Notwithstanding the provisions of Section 2.1(a) above, no such restriction shall apply to a transfer by a
Holder that is (A) a partnership transferring to its partners or former partners in accordance with partnership interests, (B) a corporation transferring to a wholly-owned subsidiary or a parent corporation that owns all of the capital
stock of the Holder, (C) a limited liability company transferring to its members or former members in accordance with their interest in the limited liability company, (D) an individual transferring to the Holder’s family member or to
a trust for the benefit of an individual Holder or the Holder’s family member(s), (E) an entity transferring to funds or accounts affiliated by common control or under common management (or other related entity) with such Holder, or
(F) a trustee of a trust to any successor trustee or additional trustee or trustees of the trust from time to time, or any company whose shares are all held directly or indirectly by the trust, or any nominee or custodian of any such person;
provided that in each case the transferee will agree in writing with the Company to be subject to the terms of this Agreement to the same extent as if such transferee were an original Holder hereunder. 

(c) Each certificate representing Shares or Registrable Securities shall be stamped or otherwise imprinted with legends
substantially similar to the following (in addition to any legend required under applicable state securities laws): 
 THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”) AND MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER
THE ACT OR UNLESS THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY AND ITS COUNSEL THAT SUCH REGISTRATION IS NOT REQUIRED. 

THE SALE, PLEDGE, HYPOTHECATION OR TRANSFER OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO THE TERMS AND CONDITIONS OF A
CERTAIN INVESTOR RIGHTS AGREEMENT BY AND BETWEEN THE STOCKHOLDER AND THE COMPANY. COPIES OF SUCH AGREEMENT MAY BE OBTAINED UPON WRITTEN REQUEST TO THE SECRETARY OF THE COMPANY. 

 (d) The Company shall be obligated to reissue promptly unlegended certificates at the
request of any Holder thereof if the Company has completed its Initial Offering and the Holder shall have obtained an opinion of counsel (which counsel may be counsel to the Company) reasonably acceptable to the Company to the effect that the
securities proposed to be disposed of may lawfully be so disposed of without registration, qualification and legend, provided that the second legend listed above shall be removed only at such time as the Holder of such certificate is no
longer subject to any restrictions hereunder. 
 (e) Any legend endorsed on an instrument pursuant to applicable state
securities laws and the stop-transfer instructions with respect to such securities shall be removed upon receipt by the Company of an order of the appropriate blue sky authority authorizing such removal. 

2.2 Demand Registration 

(a) Subject to the conditions of this Section 2.2, if the Company shall receive a written request from the Holders of at least
a majority of the Registrable Securities then-outstanding (the “Initiating Holders”) that the Company file a registration statement under the Securities Act covering the registration of at least thirty percent (30%) of
the Registrable Securities then outstanding (or a lesser percent if the anticipated aggregate offering price, net of underwriting discounts and commissions, would exceed $10,000,000), then the Company shall, within thirty (30) days of the
receipt thereof, give written notice of such request to all Holders, and subject to the limitations of this Section 2.2, effect, as expeditiously as reasonably possible, the registration under the Securities Act of all Registrable Securities
that all Holders request to be registered. 
 (b) If the Initiating Holders intend to distribute the Registrable
Securities covered by their request by means of an underwriting, they shall so advise the Company as a part of their request made pursuant to this Section 2.2 or any request pursuant to Section 2.4 and the Company shall include such
information in the written notice referred to in Section 2.2(a) or Section 2.4(a), as applicable. In such event, the right of any Holder to include its Registrable Securities in such registration shall be conditioned upon such
Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders proposing to distribute their securities through such underwriting shall
enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by a majority in interest of the Initiating Holders (which underwriter or underwriters shall be reasonably acceptable to the
Company). Notwithstanding any other provision of this Section 2.2 or Section 2.4, if the underwriter advises the Company that marketing factors require a limitation of the number of securities to be underwritten (including Registrable
Securities) then the Company shall so advise all Holders of Registrable Securities which would otherwise be underwritten pursuant hereto, and the number of shares that may be included in the underwriting shall be allocated to the Holders of such
Registrable Securities on a pro rata basis based on the number of Registrable Securities held by all such Holders (including the Initiating Holders); provided, however, that the number of shares of Registrable Securities to be
included in such 

 
underwriting and registration shall not be reduced unless all other securities of the Company are first entirely excluded from the underwriting and registration. Any Registrable Securities
excluded or withdrawn from such underwriting shall be withdrawn from the registration. For any Holder which is a partnership or corporation, the partners, retired partners and stockholders of such Holder, or the estates and family members of any
such partners and retired partners and any trusts for the benefit of any of the foregoing persons, or affiliates thereof, shall be deemed to be a single “Holder,” and any pro rata reduction with respect to such “Holder” shall be
based upon the aggregate amount of shares carrying registration rights owned by all entities and individuals included in such “Holder,” as defined in this sentence. 

(c) The Company shall not be required to effect a registration pursuant to this Section 2.2: 

(i) prior to the earlier of (A) the fifth anniversary of the date of the Prior Agreement or (B) one hundred eighty
(180) days following the effective date of the registration statement pertaining to the Initial Offering; 
 (ii)
after the Company has effected two (2) registrations pursuant to this Section 2.2, and such registrations have been declared or ordered effective; 

(iii) during the period starting with the date of filing of, and ending on the date one hundred eighty (180) days following
the effective date of, the registration statement pertaining to a public offering, other than pursuant to a Special Registration Statement; provided that the Company makes reasonable good faith efforts to cause such registration statement to
become effective and provided, in the case of a public offering other than the Initial Offering, that the Initiating Holders were permitted to register such shares as requested to be registered pursuant to Section 2.3 hereof without
reduction by the underwriter thereof; 
 (iv) if within thirty (30) days of receipt of a written request from
Initiating Holders pursuant to Section 2.2(a), the Company gives notice to the Holders of the Company’s good faith intention to file a registration statement for a public offering, other than pursuant to a Special Registration Statement,
within ninety (90) days; provided, that the Company is actively employing in good faith commercially reasonable efforts to cause such registration statement to become effective; 

(v) if the Company shall furnish to Holders requesting a registration statement pursuant to this Section 2.2, a certificate
signed by the Chairman of the Board stating that in the good faith judgment of the Board of Directors of the Company, it would be seriously detrimental to the Company and its stockholders for such registration statement to be effected at such time,
in which event the Company shall have the right to defer such filing for a period of not more than ninety (90) days after receipt of the request of the Initiating Holders; provided that such right to delay a request under this
Section 2.2(c)(v) and Section 2.4(b)(iii) shall be exercised by the Company not more than once in any twelve (12) month period; 

 (vi) if the Initiating Holders propose to dispose of shares of Registrable
Securities that may be immediately registered on Form S-3 pursuant to a request made pursuant to Section 2.4 below; or 

(vii) in any particular jurisdiction in which the Company would be required to qualify to do business or to execute a general
consent to service of process in effecting such registration, qualification or compliance. 
 2.3 Piggyback
Registrations. The Company shall notify all Holders of Registrable Securities in writing at least fifteen (15) business days prior to the filing of any registration statement under the Securities Act for purposes of a public offering
of securities of the Company (including, but not limited to, registration statements relating to secondary offerings of securities of the Company, but excluding Special Registration Statements and the Initial Offering) and will afford each such
Holder an opportunity to include in such registration statement all or part of such Registrable Securities held by such Holder. Each Holder desiring to include in any such registration statement all or any part of the Registrable Securities held by
it shall, within fifteen (15) business days after the above-described notice from the Company, so notify the Company in writing. Such notice shall state the intended method of disposition of the Registrable Securities by such Holder. If a
Holder decides not to include all of its Registrable Securities in any registration statement thereafter filed by the Company, such Holder shall nevertheless continue to have the right to include any Registrable Securities in any subsequent
registration statement or registration statements as may be filed by the Company with respect to offerings of its securities, all upon the terms and conditions set forth herein. 

(a) Underwriting. If the registration statement under which the Company gives notice under this Section 2.3 is for an
underwritten offering, the Company shall so advise the Holders of Registrable Securities. In such event, the right of any such Holder to be included in a registration pursuant to this Section 2.3 shall be conditioned upon such Holder’s
participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders proposing to distribute their Registrable Securities through such underwriting shall
enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by the Company. Notwithstanding any other provision of this Agreement, if the underwriter determines in good faith that
marketing factors require a limitation of the number of shares to be underwritten, the number of shares that may be included in the underwriting shall be allocated, first, to the Company; second, to the Holders on a pro rata basis based on the
total number of Registrable Securities held by the Holders, provided, that in no event shall the number of Registrable Securities included in the offering be reduced below 30% of the total number of securities included in such offering,
unless such offering was initiated by selling stockholders other than Holders of Registrable Securities pursuant to a registration rights agreement with the Company, in which cases all Registrable Securities may be excluded, provided further
that the number of Registrable Securities included in the offering may be reduced to 0% in the Company’s Initial Offering at the underwriter’s discretion; and third, to any stockholder of the Company (other than a Holder) on a
pro rata basis. If any Holder disapproves of the terms of any such underwriting, such Holder may elect to withdraw therefrom by written notice to the Company 

 
and the underwriter, delivered at least ten (10) business days prior to the effective date of the registration statement. Any Registrable Securities excluded or withdrawn from such
underwriting shall be excluded and withdrawn from the registration. For any Holder which is a partnership or corporation, the partners, retired partners and stockholders of such Holder, or the estates and family members of any such partners and
retired partners and any trusts for the benefit of any of the foregoing person shall be deemed to be a single “Holder,” and any pro rata reduction with respect to such “Holder” shall be based upon the aggregate amount
of shares carrying registration rights owned by all entities and individuals included in such “Holder,” as defined in this sentence. 

(b) Right to Terminate Registration. The Company shall have the right to terminate or withdraw any registration initiated
by it under this Section 2.3 whether or not any Holder has elected to include securities in such registration, and shall promptly notify any Holder that has elected to include shares in such registration of such termination or withdrawal. The
Registration Expenses of such withdrawn registration shall be borne by the Company in accordance with Section 2.5 hereof. 

2.4 Form S-3 Registration. In case the Company shall receive from any Holder or Holders of Registrable Securities a
written request or requests that the Company effect a registration on Form S-3 (or any successor to Form S-3) or any similar short-form registration statement and any related qualification or compliance with respect to all or a part of the
Registrable Securities owned by such Holder or Holders, the Company will: 
 (a) promptly give written notice of the
proposed registration, and any related qualification or compliance, to all other Holders of Registrable Securities; and 

(b) as soon as practicable, effect such registration and all such qualifications and compliances as may be so requested and as
would permit or facilitate the sale and distribution of all or such portion of such Holder’s or Holders’ Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any other
Holder or Holders joining in such request as are specified in a written request given within fifteen (15) days after receipt of such written notice from the Company; provided, however, that the Company shall not be obligated to effect
any such registration, qualification or compliance pursuant to this Section 2.4: 
 (i) if Form S-3 is not
available for such offering by the Holders, or 
 (ii) if within thirty (30) days of receipt of a written request
from any Holder or Holders pursuant to this Section 2.4, the Company gives notice to such Holder or Holders of the Company’s good faith intention to make a public offering within ninety (90) days, other than pursuant to a Special
Registration Statement, provided that such Holders are permitted to register such shares as requested to be registered pursuant to Section 2.3 hereof without reduction by the underwriter thereof, provided, further, that the Company is actively
employing in good faith commercially reasonable efforts to cause such registration statement to become effective; or 

 (iii) if the Company shall furnish to the Holders a certificate signed by the
Chairman of the Board of Directors of the Company stating that in the good faith judgment of the Board of Directors of the Company, it would be seriously detrimental to the Company and its stockholders for such Form S-3 registration to be
effected at such time, in which event the Company shall have the right to defer the filing of the Form S-3 registration statement for a period of not more than ninety (90) days after receipt of the request of the Holder or Holders under
this Section 2.4; provided, that such right to delay a request under this Section 2.4(b)(iii) and under Section 2.2(c)(v) shall be exercised by the Company not more than once in any twelve (12) month period, or 

(iv) if the Company has, within the twelve (12) month period preceding the date of such request, already effected two
registrations on Form S-3 for the Holders pursuant to this Section 2.4, or 
 (v) in any particular
jurisdiction in which the Company would be required to qualify to do business or to execute a general consent to service of process in effecting such registration, qualification or compliance. 

(c) Subject to the foregoing, the Company shall file a Form S-3 registration statement covering the Registrable Securities
and other securities so requested to be registered as soon as practicable after receipt of the requests of the Holders. Registrations effected pursuant to this Section 2.4 shall not be counted as demands for registration or registrations
effected pursuant to Section 2.2. 
 2.5 Expenses of Registration. Except as specifically provided herein, all
Registration Expenses incurred in connection with any registration, qualification or compliance pursuant to Section 2.2 or any registration under Section 2.3 or Section 2.4 herein shall be borne by the Company. All Selling Expenses
incurred in connection with any registrations hereunder, shall be borne by the holders of the securities so registered pro rata on the basis of the number of shares so registered. The Company shall not, however, be required to pay for
expenses of any registration proceeding begun pursuant to Section 2.2, the request of which has been subsequently withdrawn by the Initiating Holders unless (a) the withdrawal is based upon material adverse information concerning the
Company of which the Initiating Holders were not aware at the time of such request or a material change in the offering terms or (b) the Holders of a majority of Registrable Securities agree to forfeit their right to one requested registration
pursuant to Section 2.2 in which event such right shall be forfeited by all Holders. If the Holders are required to pay the Registration Expenses, such expenses shall be borne by the holders of securities (including Registrable Securities)
requesting such registration in proportion to the number of shares for which registration was requested. If the Company is required to pay the Registration Expenses of a withdrawn offering pursuant to clause (a) above, then the Holders shall
not forfeit their rights pursuant to Section 2.2 to a demand registration. 
 2.6 Obligations of the
Company. Whenever required to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible: 

(a) prepare and file with the SEC a registration statement with respect to such Registrable Securities and use all reasonable
efforts to cause such registration statement to become effective, and, upon the request of the Holders of a majority of the Registrable Securities registered 

 
thereunder, keep such registration statement effective for up to ninety (90) days or, if earlier, until the Holder or Holders have completed the distribution related thereto; provided,
however, that at any time within such 90-day period, upon written notice to the participating Holders (the “Suspension Period”), the Company may delay the filing or effectiveness of any registration statement or suspend the use or
effectiveness of any registration statement (and the Initiating Holders hereby agree not to offer or sell any Registrable Securities pursuant to such registration statement during the Suspension Period) if the Company reasonably believes that there
is or may be in existence material nonpublic information or events involving the Company, the failure of which to be disclosed in the prospectus included in the registration statement could result in a Violation (as defined below). In the event that
the Company shall exercise its right to delay or suspend the filing or effectiveness of a registration hereunder, the applicable time period during which the registration statement is to remain effective shall be extended by a period of time equal
to the duration of the Suspension Period. The Company may extend the Suspension Period for an additional consecutive sixty (60) days with the consent of the holders of a majority of the Registrable Securities registered under the applicable
registration statement, which consent shall not be unreasonably withheld. If so directed by the Company, all Holders registering shares under such registration statement shall (i) not offer to sell any Registrable Securities pursuant to the
registration statement during the period in which the delay or suspension is in effect after receiving notice of such delay or suspension; and (ii) use their best efforts to deliver to the Company (at the Company’s expense) all copies,
other than permanent file copies then in such Holders’ possession, of the prospectus relating to such Registrable Securities current at the time of receipt of such notice. The Company shall not be required to file, cause to become effective or
maintain the effectiveness of any registration statement that contemplates a distribution of securities on a delayed or continuous basis pursuant to Rule 415 under the Securities Act. 

(b) Prepare and file with the SEC such amendments and supplements to such registration statement and the prospectus used in
connection with such registration statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement for the period set forth in
Section 2.6(a) above. 
 (c) Furnish to the Holders such number of copies of a prospectus, including a preliminary
prospectus, in conformity with the requirements of the Securities Act, and such other documents as they may reasonably request in order to facilitate the disposition of Registrable Securities owned by them. 

(d) Use its reasonable efforts to register and qualify the securities covered by such registration statement under such other
securities or Blue Sky laws of such jurisdictions as shall be reasonably requested by the Holders; provided that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a
general consent to service of process in any such states or jurisdictions. 
 (e) In the event of any underwritten public
offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing underwriter(s) of such offering. Each Holder participating in such underwriting shall also enter into and perform its
obligations under such an agreement. 

 (f) Notify each Holder of Registrable Securities covered by such registration
statement at any time when a prospectus relating thereto is required to be delivered under the Securities Act of the happening of any event as a result of which the prospectus included in such registration statement, as then in effect, includes an
untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing. The Company will use reasonable efforts
to amend or supplement such prospectus in order to cause such prospectus not to include any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading
in the light of the circumstances then existing. 
 (g) Use its reasonable efforts to furnish, on the date that such
Registrable Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters, (i) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in
form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters, if any, and (ii) a letter, dated as of such date, from the independent certified public accountants of the Company, in
form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering addressed to the underwriters. 

(h) Provide a transfer agent and registrar for all Registrable Securities and a CUSIP number for all such Registrable Securities,
in each case not later than the effective date of such registration. 
 (i) Cause all such Registrable Securities to be
listed on each securities exchange or authorized for quotation on each automated quotation system on which similar securities issued by the Company are then listed or authorized for quotation. 

2.7 Delay of Registration; Furnishing Information 

(a) No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any such registration as the
result of any controversy that might arise with respect to the interpretation or implementation of this Section 2. 

(b) It shall be a condition precedent to the obligations of the Company to take any action pursuant to Section 2.2, 2.3 or
2.4 that the selling Holders shall furnish to the Company such information regarding themselves, the Registrable Securities held by them and the intended method of disposition of such securities as shall be required to effect the registration of
their Registrable Securities. 
 (c) The Company shall have no obligation with respect to any registration requested
pursuant to Section 2.2 if, due to the operation of Section 2.2(b), the number of shares or the anticipated aggregate offering price of the Registrable Securities to be included in the registration does not equal or exceed the number of
shares or the anticipated aggregate offering price required to originally trigger the Company’s obligation to initiate such registration as specified in Section 2.2. 

 2.8 Indemnification. In the event any Registrable Securities are included in a
registration statement under Sections 2.2, 2.3 or 2.4: 
 (a) To the extent permitted by law, the Company will
indemnify and hold harmless each Holder, the partners, members, stockholders, officers and directors of each Holder, legal counsel and accountants for such Holder, any underwriter (as defined in the Securities Act) for such Holder and each person,
if any, who controls such Holder or underwriter within the meaning of the Securities Act or the Exchange Act, against any losses, claims, damages, or liabilities (joint or several) to which they may become subject under the Securities Act, the
Exchange Act or other federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any of the following statements, omissions or violations (collectively a
“Violation”) by the Company: (i) any untrue statement or alleged untrue statement of a material fact contained in such registration statement or incorporated by reference therein, including any preliminary prospectus or
final prospectus contained therein, any issuer free writing prospectus relating thereto, or any amendments or supplements thereto, (ii) the omission or alleged omission to state therein a material fact required to be stated therein, or
necessary to make the statements therein not misleading, or (iii) any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any state securities law or any rule or regulation promulgated under the Securities
Act, the Exchange Act or any state securities law in connection with the offering covered by such registration statement; and the Company will reimburse each such Holder, partner, member, stockholder, officer, director, legal counsel, accountant,
underwriter or controlling person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; provided however, that the indemnity agreement
contained in this Section 2.8(a) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Company, which consent shall not be unreasonably
withheld, delayed or conditioned, nor shall the Company be liable in any such case for any such loss, claim, damage, liability or action to the extent that it arises out of or is based upon a Violation which occurs in reliance upon and in conformity
with written information furnished expressly for use in connection with such registration by such Holder, partner, member, stockholder, officer, director, legal counsel, accountant, underwriter or controlling person of such Holder. 

(b) To the extent permitted by law, each Holder will, severally and not jointly, if Registrable Securities held by such Holder are
included in the securities as to which such registration qualifications or compliance is being effected, indemnify and hold harmless the Company, each of its directors, its officers and each person, if any, who controls the Company within the
meaning of the Securities Act, any underwriter and any other Holder selling securities under such registration statement or any of such other Holder’s partners, directors or officers or any person who controls such Holder, against any losses,
claims, damages or liabilities (joint or several) to which the Company or any such director, officer, controlling person, underwriter or other such Holder, or partner, director, officer or controlling person of such other Holder may become subject
under the 

 
Securities Act, the Exchange Act or other federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereto) arise out of or are based upon any of the
following statements: (i) any untrue statement or alleged untrue statement of a material fact contained in such registration statement or incorporated by reference therein, including any preliminary prospectus or final prospectus contained
therein, any issuer free writing prospectus related thereto, or any amendments or supplements thereto, (ii) the omission or alleged omission to state therein a material fact required to be stated therein, or necessary to make the statements
therein not misleading, or (iii) any violation or alleged violation by the Company of the Securities Act (collectively, a “Holder Violation”), in each case to the extent (and only to the extent) that such Holder
Violation occurs in reliance upon and in conformity with written information furnished by such Holder under an instrument duly executed by such Holder and stated to be specifically for use in connection with such registration; and each such Holder
will reimburse any legal or other expenses reasonably incurred by the Company or any such director, officer, controlling person, underwriter or other Holder, or partner, officer, director or controlling person of such other Holder in connection with
investigating or defending any such loss, claim, damage, liability or action if it is judicially determined that there was such a Holder Violation; provided, however, that the indemnity agreement contained in this Section 2.8(b) shall
not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Holder, which consent shall not be unreasonably withheld, delayed or conditioned; provided
further, that in no event shall any indemnity under this Section 2.8 exceed the net proceeds from the offering received by such Holder. 

(c) Promptly after receipt by an indemnified party under this Section 2.8 of notice of the commencement of any action
(including any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this Section 2.8, deliver to the indemnifying party a written notice of the commencement thereof
and the indemnifying party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume the defense thereof with counsel mutually satisfactory to
the parties; provided, however, that an indemnified party shall have the right to retain its own counsel, with the fees and expenses to be paid by the indemnifying party, if representation of such indemnified party by the counsel retained by
the indemnifying party would be inappropriate due to actual or potential differing interests between such indemnified party and any other party represented by such counsel in such proceeding. The failure to deliver written notice to the indemnifying
party within a reasonable time of the commencement of any such action, if materially prejudicial to its ability to defend such action, shall relieve such indemnifying party of any liability to the indemnified party under this Section 2.8, but
the omission so to deliver written notice to the indemnifying party will not relieve it of any liability that it may have to any indemnified party otherwise than under this Section 2.8. 

(d) If the indemnification provided for in this Section 2.8 is held by a court of competent jurisdiction to be unavailable to
an indemnified party with respect to any losses, claims, damages or liabilities referred to herein, the indemnifying party, in lieu of indemnifying such indemnified party thereunder, shall, to the extent permitted by applicable law, contribute to
the amount paid or payable by such indemnified party as a result of such loss, claim, damage or liability 

 
in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the other in connection with the Violation(s) or
Holder Violation(s) that resulted in such loss, claim, damage or liability, as well as any other relevant equitable considerations. The relative fault of the indemnifying party and of the indemnified party shall be determined by a court of law by
reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party and the parties’
relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission; provided, that in no event shall any contribution by a Holder hereunder exceed the net proceeds from the offering received by
such Holder. 
 (e) The obligations of the Company and Holders under this Section 2.8 shall survive completion of
any offering of Registrable Securities in a registration statement and the termination of this Agreement. No indemnifying party, in the defense of any such claim or litigation, shall, except with the consent of each indemnified party, consent to
entry of any judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Party of a release from all liability in respect to such claim or litigation.

 2.9 Assignment of Registration Rights. The rights to cause the Company to register Registrable Securities
pursuant to this Section 2 may be assigned by a Holder to a transferee or assignee of Registrable Securities (for so long as such shares remain Registrable Securities) that (a) is a subsidiary, parent, general partner, limited partner,
retired partner, member or retired member, or stockholder of a Holder that is a corporation, partnership or limited liability company, (b) is a Holder’s family member or a trust for the benefit of the Holder or the Holder’s family
member(s), or (c) acquires at least three hundred thousand (300,000) shares of Registrable Securities (as adjusted for stock splits and combinations); or (d) is an entity affiliated or under common control or management (or other
related entity) with such Holder, including without limitation any sister company of the Holder, or (e) is a successor trustee of a trust whose existing trustee is a Holder, or additional trustee or trustees of such trust from time to time, or
any company whose shares are all held directly or indirectly by such trust, or any nominee or custodian of any such person; provided, however, (i) the transferor shall, within ten (10) days after such transfer, furnish to the
Company written notice of the name and address of such transferee or assignee and the securities with respect to which such registration rights are being assigned and (ii) such transferee shall agree with the Company to be subject to all
restrictions set forth in this Agreement. 
 2.10 Limitation on Subsequent Registration Rights. Other than as
provided in Section 5.10, after the date of this Agreement, the Company shall not, without the consent of the holders of a majority-in-interest of the Registrable Securities, enter into any agreement with any holder or prospective holder of any
securities of the Company that would grant such holder (i) rights to demand the registration of their shares, or to include their shares in a registration statement that would reduce the number of shares includable by the Holders or
(ii) any other registration rights on a parity with or senior to those granted to the Holders hereunder, other than the right to a Special Registration Statement. 

 2.11 “Market Stand-Off” Agreement. Each Holder hereby agrees that such
Holder shall not sell, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a sale, any Common Stock (or other securities) of the Company held by
such Holder (other than shares of Common Stock included in the registration) for a period specified by the representative of the underwriters of Common Stock (or other securities) of the Company not to exceed (i) one hundred eighty
(180) days (plus up to an additional sixteen (16) days if contemplated in the form of underwriting or market stand-off agreement supplied by the representative(s) of the underwriters) following the effective date of a registration
statement of the Company filed under the Securities Act with respect to the Initial Offering or (ii) ninety (90) days (plus up to an additional sixteen (16) days if contemplated in the form of underwriting or market stand-off
agreement supplied by the representative(s) of the underwriters) following the effective date of the first registration statement of the Company filed under the Securities Act with respect to an underwritten public offering of its Common Stock to
the general public after the Initial Offering (together with the Initial Offering, a “Company Public Offering”), and shall enter into an agreement to such effect with the representative(s) of the underwriters and which shall,
upon execution, supersede all the terms and conditions of this Section 2.11; provided that all officers and directors of the Company and each holder of at least one percent (1%) of the Company’s outstanding voting securities
enter into similar agreements, provided further that any Holder exercising their registration rights with respect to a Company Public Offering pursuant to Section 2 of this Agreement agrees to enter into a form of lock-up agreement as
reasonably proposed by the underwriters of such offering with respect to any Common Stock (or other securities) of the Company held by such Holder not included in such registration. Notwithstanding the foregoing, if the Company or the managing
underwriter shall waive or terminate, or exempt any Holder from having to agree to, any of the restrictions contained in any agreement with respect to the subject matter contained in this Section 2.11, such waiver or termination or exemption
shall apply to all of the Investors on a pro rata basis (according to the total number of Registrable Securities owned by each Investor). The foregoing provisions of this Section 2.11 shall not apply with respect to any shares of the Company
offered or traded in the public market (including any market which may develop pursuant to Rule 144A promulgated under the Act) or to a distribution to any Affiliate (as that term is defined in Rule 405 of the Securities Act) of any Holder
provided that such Affiliate agrees in writing to be bound by the terms of this Section 2.11. 
 2.12 Agreement to
Furnish Information. Each Holder agrees to execute and deliver such other agreements as may be reasonably requested by the Company or the underwriter that are consistent with the Holder’s obligations under Section 2.11 or that are
necessary to give further effect thereto. In addition, if requested by the Company or the representative of the underwriters of Common Stock (or other securities) of the Company, each Holder shall provide, within ten (10) days of such request,
such information as may be required by the Company or such representative in connection with the completion of any public offering of the Company’s securities pursuant to a registration statement filed under the Securities Act. The obligations
described in Section 2.11 and this Section 2.12 shall not apply to a Special Registration Statement. The Company may impose stop-transfer instructions with respect to the shares of Common Stock (or other securities) subject to the
foregoing restriction until the end of said one hundred eighty (180) day period. Each Holder agrees that any transferee of any shares of Registrable Securities shall be bound by Sections 2.11 and 2.12. The underwriters of the
Company’s stock are intended third party beneficiaries of Sections 2.11 and 2.12 and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto. 

 2.13 Rule 144 Reporting and Form S-3 Availability. With a view to
making available to the Holders the benefits of certain rules and regulations of the SEC which may permit the sale of the Registrable Securities to the public without registration and/or with registration pursuant to Form S-3, the Company
agrees, at all times after the effective date of the first registration filed by the Company for an offering of its securities to the general public, to use its best efforts to: 

(a) Make and keep public information available, as those terms are understood and defined in SEC Rule 144 or any similar or
analogous rule promulgated under the Securities Act; 
 (b) File with the SEC, in a timely manner, all reports and other
documents required of the Company under the Exchange Act; and 
 (c) So long as a Holder owns any Registrable Securities,
furnish to such Holder forthwith upon request: a written statement by the Company as to its compliance with the reporting requirements of said Rule 144 of the Securities Act, and of the Exchange Act; a copy of the most recent annual or
quarterly report of the Company filed with the Commission; and such other reports and documents as a Holder may reasonably request in connection with availing itself of any rule or regulation of the SEC allowing it to sell any such securities
without registration. 
 SECTION 3. COVENANTS OF THE COMPANY 

3.1 Basic Financial Information and Reporting 

(a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business
transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied (except as noted therein or as disclosed to the recipients thereof), and will set aside on
its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied. 

(b) To the extent requested by a Major Investor, as soon as practicable after the end of each fiscal year of the Company, and in
any event within one hundred twenty (120) days thereafter, the Company will furnish such Major Investor a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company,
for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein or as disclosed to the recipients thereof) and setting forth in each case in comparative form the figures for the
previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company’s Board of Directors. 

 (c) To the extent requested by a Major Investor, the Company will furnish such Major
Investor, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the Company, and in any event within forty-five (45) days thereafter, a balance sheet of the Company as of the end
of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied
(except as noted therein or as disclosed to the recipients thereof), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made. 

(d) To the extent requested by a Major Investor, the Company will furnish such Major Investor: (i) at least thirty
(30) days prior to the beginning of each fiscal year an annual budget and operating plans for such fiscal year (and as soon as available, any subsequent written revisions thereto); and (ii) as soon as practicable after the end of each
month, and in any event within twenty (20) days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year
to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such
statements and year-end audit adjustments may not have been made. 
 (e) The Company shall not be obligated under this
Section 3.1 with respect to a competitor of the Company, as determined by the Board of Directors in good faith, or with respect to information which the Board of Directors determines in good faith is attorney-client privileged and should not,
therefore, be disclosed. The Company acknowledges and agrees that none of the Major Investors shall be deemed competitors of the Company solely as a result of such Major Investor’s investment in a competitor of the Company, so long as the
investment does not exceed 20% of the outstanding voting stock of such competitor. 
 3.2 Inspection Rights. Each
Major Investor shall have the right to visit and inspect any of the properties of the Company or any of its subsidiaries, and to discuss the affairs, finances and accounts of the Company or any of its subsidiaries with its officers, and to review
such information as is reasonably requested all at such reasonable times and as often as may be reasonably requested; provided, however, that the Company shall not be obligated under this Section 3.2 with respect to a competitor of the
Company, as determined by the Board of Directors in good faith, or with respect to information which the Board of Directors determines in good faith is confidential or attorney-client privileged and should not, therefore, be disclosed. The Company
acknowledges and agrees that none of the Major Investors shall be deemed competitors of the Company solely as a result of such Major Investor’s investment in a competitor of the Company, so long as the investment does not exceed 20% of the
outstanding voting stock of such competitor. 
 3.3 Confidentiality of Records. Each Investor agrees to keep
confidential any information furnished to such Investor pursuant to Sections 3.1 and 3.2 hereof that the Company identifies as being confidential or proprietary (so long as such information is not in the public domain), except that such
Investor may disclose such proprietary or confidential information (i) to 

 
its attorneys, accountants, consultants, and other professionals to the extent necessary to obtain their services in connection with monitoring its investment in the Company as long as such
attorneys, accountants, consultants, and other professionals are advised of the confidentiality provisions of this Section 3.3 and agree to be bound by such provisions (or is otherwise obligated to keep such information confidential),
(ii) to any existing or prospective affiliate, partner, member, stockholder, subsidiary or parent of such Investor for the purpose of evaluating its investment in the Company as long as such affiliate, partner, member, stockholder, subsidiary
or parent is advised of the confidentiality provisions of this Section 3.3 and agrees to be bound by such provisions (or is otherwise obligated to keep such information confidential); (iii) at such time as it enters the public domain
through no fault of such Investor; (iv) that is communicated to it free of any obligation of confidentiality; (v) that is developed by Investor or its agents independently of and without reference to any confidential information
communicated by the Company; or (vi) as required by applicable law; and provided, further, that any Investor may provide financial information to its partners or members as required by any partnership agreement or limited liability
operating agreement with such partners or members. 
 3.4 Reservation of Stock. The Company will at all times
reserve and keep available, solely for issuance and delivery upon the conversion of the Senior Preferred Stock, sufficient shares of Junior Preferred Stock of the Company issuable from time to time upon such conversion and sufficient Common Stock
issuable from time to time upon conversion of all Preferred Stock. 
 3.5 Stock Vesting. Unless otherwise approved
by the Board of Directors, including the approval of a majority of the members of the Board of Directors designated by the holders of the Senior Preferred Stock, all stock options and other stock equivalents issued after the date of this Agreement
to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or
such person’s services commencement date with the company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years. With respect to any shares of stock purchased by any such person, the
Company’s repurchase option shall provide that upon such person’s termination of employment or service with the Company, with or without cause, the Company or its assignee shall have the option to purchase at cost (and may provide for
purchase at fair market value if less than cost) any unvested shares of stock held by such person. 
 3.6 Market
Standoff. Unless otherwise approved by the Board of Directors, including the approval of a majority of the members of the Board of Directors designated by the holders of the Senior Preferred Stock, all stock, stock options and other stock
equivalents issued after the date of this Agreement shall be subject to a market standoff or “lockup” agreement of not less than 180 days following the Initial Offering. 

3.7 Proprietary Information and Inventions Agreement. The Company shall require all employees and consultants to execute and
deliver a Proprietary Information and Inventions Agreement substantially in a form approved by the Company’s counsel or Board of Directors. 

 3.8 Meetings of the Board of Directors. Unless otherwise determined by the vote
of a majority of the directors then in office, the Board of Directors shall meet at least six (6) times annually in accordance with an agreed-upon schedule. 

3.9 Board Expenses. The Company shall reimburse the director designated by Maverick Capital for all reasonable out-of-pocket
expenses incurred (consistent with the Company’s travel policy) in connection with travel to and attending meetings of the Board of Directors (consistent with the Company’s travel policy) and performing their duties as a director.

 3.10 Insurance. The Company will use commercially reasonable efforts to cause its Directors and Officers
insurance policy to be maintained until such time as the Board of Directors determines that such insurance should be discontinued. 

3.11 Tax Matters Relating to Former S Corporation Status. Unless otherwise approved by the Board of Directors, including the
directors appointed by the Senior Preferred Stock, the Company shall not file or amend any tax return, resolve any tax proceeding or take any other action (or omit to take any action) with respect to any federal, state or local income taxes
(“Taxes”), if as a result any Taxes are or would be imposed on the Company, including any increase in items of income or gain or any decrease in items of loss, deduction or credit of the Company, but only to the extent of (x) an
increase in an item of the Company’s income or gain in any tax year or portion thereof other than an S Year (as defined below) (a “C Year”) and a corresponding decrease in an item of income or gain in any tax year or portion thereof
during which the Company’s S corporation election was in effect (an “S Year”), or (y) a decrease in an item of loss, deduction or credit in any C Year and a corresponding increase in an item of loss, deduction or credit in
an S Year. 
 3.12 Board Committees. The approval of a majority of the members of the Board of Directors designated
by the holders of the Senior Preferred Stock shall be required in connection with (a) establishing any committee of the Board of Directors of the Company, (b) appointing or replacing any member to any committee of the Board of Directors of
the Company, or (c) establishing or altering the powers to be vested in any such committee. 
 3.13 Right to Conduct
Business. The Investors shall not be liable for any claim arising out of, or based upon (i) the investment by the Investors in any entity competitive to the Company and (ii) actions taken by any partner, officer, affiliate or
other representative of the Investors to assist any such competitive company, whether or not such action was taken as a board member of such competitive company, or otherwise, and whether or not such action has a detrimental effect on the Company.
The foregoing shall not relieve the Investors from any liability or claim arising out of any breach of any confidentiality or fiduciary obligation described herein or as set forth in any other agreement between the Company and the Investors.

 3.14 Open Source Policy. The Company shall use its good faith efforts to develop and implement an open-source
policy as soon as commercially reasonably possible in order to protect the Company’s products and any underlying software from having obligations to share or disclose any software to third parties. 

 3.15 Termination of Covenants. All covenants of the Company contained in
Section 3 of this Agreement shall expire and terminate as to each Investor upon the earlier of (i) the effective date of the registration statement pertaining to an Initial Offering or (ii) upon an “Asset
Transfer” or “Acquisition”, (each, a “Change of Control”) as each is defined in the Company’s Amended and Restated Certificate of Incorporation as in effect as of the date hereof.

 SECTION 4. RIGHTS OF FIRST REFUSAL 

4.1 Subsequent Offerings. Subject to applicable securities laws, each Major Investor shall have a right of first refusal to
purchase its pro rata share of all Equity Securities, as defined below, and debt instruments (other than those issued in the ordinary course of business, such as pursuant to equipment line or leasing arrangements, or real property
leasing arrangements) that the Company may, from time to time, propose to sell and issue after the date of this Agreement, other than the Equity Securities excluded by Section 4.6 hereof. A Major Investor shall be entitled to apportion the
right of first refusal hereby granted to it among itself and its affiliates in such proportions as it deems appropriate. Each Major Investor’s pro rata share is equal to the ratio of (a) the number of shares of the
Company’s Common Stock (including all shares of Common Stock issuable or issued upon conversion of the Shares) which such Investor is deemed to be a holder of immediately prior to the issuance of such Equity Securities to (b) the total
number of shares of the Company’s outstanding Common Stock (including all shares of Common Stock issued or issuable upon conversion of the Shares or other securities or upon the exercise of any outstanding warrants or options) immediately prior
to the issuance of the Equity Securities; provided, however, that the pro rata share of MDV VII, LP (together with its affiliates) shall be the greater of such ratio or three thousand seven hundred fifty-seven ten-thousandths
(3,757/10,000); and provided further, that the pro rata share of KPCB Holdings, Inc. (together with its affiliates) shall be the greater of such ratio or two thousand one hundred twenty-seven ten-thousandths (2,127/10,000). The term
“Equity Securities” shall mean (i) any Common Stock, Preferred Stock or other security of the Company, (ii) any security convertible into or exercisable or exchangeable for, with or without consideration, any Common
Stock, Preferred Stock or other security (including any option to purchase such a convertible security), (iii) any security carrying any warrant or right to subscribe to or purchase any Common Stock, Preferred Stock or other security or
(iv) any such warrant or right. 
 4.2 Exercise of Rights. If the Company proposes to issue any Equity
Securities, it shall give each Major Investor written notice of its intention, describing the Equity Securities, the price, and the terms and conditions upon which the Company proposes to issue the same. Each Major Investor shall have fifteen
(15) days from the giving of such notice to agree to purchase its pro rata share of the Equity Securities for the price and upon the terms and conditions specified in the notice by giving written notice to the Company and stating
therein the quantity of Equity Securities to be purchased. Notwithstanding the foregoing, the Company shall not be required to offer or sell such Equity Securities to any Major Investor who would cause the Company to be in violation of applicable
federal securities laws by virtue of such offer or sale. At the expiration of such fifteen (15) day period, the Company shall promptly notify each Major Investor that elects to purchase or acquire all the shares available to it (each, a
“Fully Exercising Investor”) of any other Major Investor’s failure to do likewise. During the ten (10) day period commencing after the Company has 

 
given such notice, each Fully Exercising Investor may, by giving notice to the Company, elect to purchase or acquire, in addition to the number of shares specified above, up to that portion of
the Equity Securities for which Major Investors were entitled to but did not subscribe which is equal to the ratio of (a) the number of shares of the Company’s Common Stock (including all shares of Common Stock issuable or issued upon
conversion of the Shares) held by such Fully Exercising Investor to (b) the total number of shares of the Company’s Common Stock (including all shares of Common Stock issued or issuable upon conversion of the Shares) held by all Fully
Exercising Investors who wish to purchase such unsubscribed shares. The closing of any sale pursuant to this Section 4.2 shall occur within the later of one hundred twenty (120) days of the date that the Company provides notice of its
intention to issue any Equity Securities and the date of the initial sale of Equity Securities pursuant to Section 4.3. 

4.3 Issuance of Equity Securities to Other Persons. If the Major Investors fail to, or waive their right to, exercise in full
the rights of first refusal, the Company shall have one hundred twenty (120) days thereafter to sell the Equity Securities in respect of which the Major Investor’s rights were not exercised, at a price and upon general terms and conditions
not materially more favorable to the purchasers thereof than specified in the Company’s notice to the Major Investors pursuant to Section 4.2 hereof. If the Company has not sold such Equity Securities within ninety (90) days of the
notice provided pursuant to Section 4.2, the Company shall not thereafter issue or sell any Equity Securities, without first offering such securities to the Major Investors in the manner provided above. 

4.4 Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall
not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) a Change in Control. Notwithstanding Section 5.5 hereof, the rights
of first refusal established by this Section 4 may be amended, or any provision waived with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted
by Section 5.5. 
 4.5 Transfer of Rights of First Refusal. The rights of first refusal of each Major Investor
under this Section 4 may be transferred to the same parties, subject to the same restrictions as any transfer of registration rights pursuant to Section 2.9. 

4.6 Excluded Securities. The rights of first refusal established by this Section 4 shall have no application to any of
the following Equity Securities: 
 (a) shares of Common Stock of the Company and/or options, warrants or other Common
Stock purchase rights and the Common Stock of the Company issued pursuant to such options, warrants or other rights issued or to be issued to employees, officers or directors of, or consultants or advisors to the Company or any subsidiary, pursuant
to stock purchase or stock option plans or other arrangements so long as such stock purchase or stock option plans or other arrangements were approved by the Board of Directors or a committee authorized by the Board of Directors, provided that no
committee authorized by the Board may make any amendments to the Company’s stock option plans; 

 (b) stock issued or issuable pursuant to any rights or agreements, options, warrants
or convertible securities outstanding as of the date of this Agreement; and stock issued pursuant to any such rights or agreements granted after the date of this Agreement, so long as the rights of first refusal established by this Section 4
were complied with, waived, or were inapplicable pursuant to any provision of this Section 4.6 with respect to the initial sale or grant by the Company of such rights or agreements so long as such rights or agreements were approved by the Board
of Directors including the representatives of the Senior Preferred Stock; 
 (c) any Equity Securities issued for
consideration other than cash pursuant to a merger, consolidation, strategic alliance, acquisition or similar business combination approved by the Board of Directors including the representatives of the Senior Preferred Stock; 

(d) any Equity Securities issued in connection with any stock split, stock dividend or recapitalization by the Company;

 (e) any Equity Securities issued pursuant to any equipment loan or leasing arrangement, any real property leasing
arrangement, or any debt financing from a bank or similar financial or lending institution approved by the Board of Directors including the representatives of the Senior Preferred Stock; 

(f) any Equity Securities that are issued by the Company pursuant to a registration statement filed under the Securities Act;

 (g) any Equity Securities issued in connection with strategic transactions involving the Company and other entities,
including (i) joint ventures, manufacturing, marketing or distribution arrangements or (ii) technology transfer or development arrangements; provided that the issuance of shares therein has been approved by the Company’s Board
of Directors including the representatives of the Senior Preferred Stock, provided further that such transaction is not principally for equity financing purposes; 

(h) any Equity Securities issued by the Company pursuant to the terms of Section 2.1 of the Purchase Agreement; and

 (i) any Equity Securities issued to third-party service providers in exchange for or as partial consideration for
services rendered to the Company approved by the Board including the representatives of the Senior Preferred Stock. 
 SECTION 5.
MISCELLANEOUS 
 5.1 Governing Law. This Agreement shall be governed by and construed under the laws of the State
of California in all respects as such laws are applied to agreements among California residents entered into and to be performed entirely within California, without reference to conflicts of laws or principles thereof. 

 5.2 Successors and Assigns. Except as otherwise expressly provided herein, the
provisions hereof shall inure to the benefit of, and be binding upon, the parties hereto and their respective successors, assigns, heirs, executors, and administrators and shall inure to the benefit of and be enforceable by each person who shall be
a holder of Registrable Securities from time to time; provided, however, that prior to the receipt by the Company of adequate written notice of the transfer of any Registrable Securities specifying the full name and address of the transferee,
the Company may deem and treat the person listed as the holder of such shares in its records as the absolute owner and holder of such shares for all purposes. 

5.3 Entire Agreement. This Agreement, the Exhibits and Schedules hereto, the Purchase Agreement and the other documents
delivered pursuant thereto constitute the full and entire understanding and agreement between the parties with regard to the subjects hereof and no party shall be liable or bound to any other in any manner by any oral or written representations,
warranties, covenants and agreements except as specifically set forth herein and therein. Each party expressly represents and warrants that it is not relying on any oral or written representations, warranties, covenants or agreements outside of this
Agreement. 
 5.4 Severability. In the event one or more of the provisions of this Agreement should, for any reason,
be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions of this Agreement, and this Agreement shall be construed as if such invalid, illegal or
unenforceable provision had never been contained herein. 
 5.5 Amendment and Waiver 

(a) Except as otherwise expressly provided, this Agreement may be amended or modified only upon the written consent of the Company
and the holders of a majority of the then-outstanding Registrable Securities. 
 (b) Except as otherwise expressly
provided, the obligations of the Company and the rights of the Holders under this Agreement may be waived only with the written consent of the holders of a majority of the then-outstanding Registrable Securities. 

(c) For the purposes of determining the number of Holders or Investors entitled to vote or exercise any rights hereunder, the
Company shall be entitled to rely solely on the list of record holders of its stock as maintained by or on behalf of the Company. 

5.6 Delays or Omissions. It is agreed that no delay or omission to exercise any right, power, or remedy accruing to any
party, upon any breach, default or noncompliance by another party under this Agreement shall impair any such right, power, or remedy, nor shall it be construed to be a waiver of any such breach, default or noncompliance, or any acquiescence therein,
or of any similar breach, default or noncompliance thereafter occurring. It is further agreed that any waiver, permit, consent, or approval of any kind or character on any party’s part of any breach, default or noncompliance under the Agreement
or any waiver on such party’s part of any provisions or conditions of this Agreement must be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies, either under this Agreement, by law, or
otherwise afforded to any party, shall be cumulative and not alternative. 

 5.7 Notices. All notices required or permitted hereunder shall be in writing and
shall be deemed effectively given: (a) upon personal delivery to the party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient; if not, then on the next business
day, (c) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1) day after deposit with a nationally recognized overnight courier, specifying next day
delivery, with written verification of receipt. All communications shall be sent to the party to be notified at the address as set forth on the signature pages hereof or Exhibit A hereto or at such other address or electronic mail
address as such party may designate by ten (10) days advance written notice to the other parties hereto. 
 5.8
Attorneys’ Fees. In the event that any suit or action is instituted under or in relation to this Agreement, including without limitation to enforce any provision in this Agreement, the prevailing party in such dispute shall be entitled
to recover from the losing party all fees, costs and expenses of enforcing any right of such prevailing party under or with respect to this Agreement, including without limitation, such reasonable fees and expenses of attorneys and accountants,
which shall include, without limitation, all fees, costs and expenses of appeals. 
 5.9 Titles and Subtitles. The
titles of the sections and subsections of this Agreement are for convenience of reference only and are not to be considered in construing this Agreement. 

5.10 Additional Investors. Notwithstanding anything to the contrary contained herein, if the Company shall issue additional
shares of its Senior Preferred Stock pursuant to the Purchase Agreement, any purchaser of such shares of Senior Preferred Stock shall become a party to this Agreement by executing and delivering an additional counterpart signature page to this
Agreement and shall be deemed an “Investor,” a “Holder” and a party hereunder. Subject to the approval of shares representing a majority of the Senior Preferred Stock, if the Company shall issue Equity
Securities in accordance with Section 4.6(c), (e), (g) or (h) of this Agreement, any purchaser of such Equity Securities may become a party to this Agreement by executing and delivering an additional counterpart signature page to this
Agreement and shall be deemed an “Investor,” a “Holder” and a party hereunder. 

5.11 Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be an original, but all
of which together shall constitute one instrument. 
 5.12 Aggregation of Stock. All shares of Registrable
Securities held or acquired by affiliated entities or persons or persons or entities under common management or control shall be aggregated together for the purpose of determining the availability of any rights under this Agreement. 

5.13 Pronouns. All pronouns contained herein, and any variations thereof, shall be deemed to refer to the masculine, feminine
or neutral, singular or plural, as to the identity of the parties hereto may require. 

 5.14 Termination. This Agreement shall terminate and be of no further force or
effect upon the date five (5) years following the closing of the Initial Offering; provided, however, that the Company shall not be obligated to register the Registrable Securities of any Holder if such Holder can sell all of its
Registrable Securities in any three-month period pursuant to Rule 144 promulgated pursuant to the Securities Act. 

5.15 No Third-Party Beneficiaries. This Agreement is intended for the benefit of the parties hereto and their respective
permitted successors and assigns, and is not for the benefit of, nor may any provision hereof be enforced by, any other person except as specifically provided herein. 

5.16 Prior Agreement. Upon the execution of this Agreement by the Company and the holders of a majority of the
then-outstanding Registrable Securities, this Agreement shall supersede and replace the Prior Agreement, which shall be terminated and cease to have any further force or effect. 

[THIS SPACE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, the
parties hereto have executed this FIFTH AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the
first paragraph hereof. 
  

			
	COMPANY:
	
	PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
		
	By:	 	 /s/ Hugh Martin

	Name:	 	Hugh Martin
	Title:	 	Chief Executive Officer

PACIFIC BIOSCIENCES OF CALIFORNIA, INC. FIFTH
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT 

SIGNATURE PAGE 

 INVESTORS 

 

			
	HOLDER:
		
	By:	 	  

	Name:	 	
	Title:	 	

 PACIFIC BIOSCIENCES OF CALIFORNIA,
INC. FIFTH AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT 

SIGNATURE PAGE

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